HAWESKO HOLDING SE INTERIM

Statement of Financial Position

The financial result reported in accordance with IFRS 16 amounted to € –0.9 million in the quarter under review; this includes the financing share of the rental expenses in accordance with the new accounting standard. Prior to the application of IFRS 16, this figure amounted to € –0.2 million (previous year: € –0.1 million). The result before taxes on income as per IFRS 16 amounted to € 3.8 million; prior to the application of IFRS 16, it amounted to € 4.1 million (previous year, comparable: € 5.7 million) The tax result as per IFRS 16 was € –1.8 million; prior to the application of IFRS 16 it was € –1.4 million (previous year, comparable: € –1.9 million). Consolidated net income allocable to the shareholders of Hawesko Holding AG amounted to € 2.0 million as per IFRS 16. In the previous year, without the application of IFRS 16, this figure was € 3.5 million. The result per share calculated using this method was € 0.22, after € 0.39 in the previous year. This was based on the figure of 8,983,403 shares in the reporting period (unchanged from the previous year). First six months In the first six months of fiscal year 2019 (1 January to 30 June), sales rose by 7.6% from the previous year (€ 237.8 million) to € 255.8 million. Consolidated gross profit rose to 43.3% of sales (first six months in the previous year: 41.9%). Other income and expenses added up to 40.1% of sales as per the application of IFRS 16, so that the result from operations (EBIT) amounted to € 8.2 million, corresponding to 3.2% of sales. Prior to the application of this accounting standard, this figure was 40.4% (previous year: 37.4%) of sales, resulting in EBIT for the first half of the year of € 7.4 million and 2.9% of sales (previous year without the application of IFRS 16: € 10.7 million and 4.5% of sales). The result before taxes on income for the first six months as per IFRS 16 amounted to € –1.8 million; prior to the application of IFRS 16, this figure was € –0.3 million (previous year: € –0.0 million). The result before taxes on income as per IFRS 16 amounted to € 6.4 million; prior to the application of IFRS 16, it amounted to € 7.1 million (previous year, comparable: € 10.7 million) Consolidated net income for the first six months after deductions for non-controlling interests as per IFRS 16 amounted to € 3.8 million and prior to the application of IFRS 16 to € 4.7 million; without