Blaubeuren, March 11, 2025 – According to the preliminary figures for the 2024 financial year available today, the Management Board of centrotherm international AG, Blaubeuren, (ISIN: DE000A1TNMM9 and DE000A1TNMN7) expects that the earnings forecast of a positive consolidated EBITDA (earnings before interest, taxes, depreciation and amortization) for 2024 in the low double-digit million euro range has been exceeded and that consolidated EBITDA is expected to be around EUR 39 million. The higher than expected number of customer acceptances by the end of 2024, which led to a corresponding revenue increase, as well as an improvement in the centrotherm Group's operating margin, contributed significantly to this positive earnings development.

In terms of further guidance for the 2024 financial year, total Group operating performance of around EUR 290 million will reach the upper end of the EUR 200 million to EUR 300 million range. Incoming orders are expected to be over EUR 164 million and are thus in line with the adjusted forecast of EUR 150 million to EUR 180 million issued at the beginning of November 2024.

The consolidated financial statements for the 2024 financial year have not yet been prepared by the Management Board or audited by the auditor. The publication of the annual report is scheduled for April 30, 2025.

Communicating person:

Nathalie Albrecht
Manager Public & Investor Relations
T: +49 7344 918-6304
E-Mail: investor@centrotherm.de

Additional information:

centrotherm international AG
Württemberger Str. 31
89143 Blaubeuren
Germany
Website: www.centrotherm.world

ISIN: DE000A1TNMM9 (bearer shares); DE000A1TNMN7 (unlisted shares from the non-cash capital increase)
Inclusion: Open Market (Basic Board), Frankfurt Stock ExchangeStock Exchange Corporate domicile: Germany

<End of ad hoc release>