COMPANY ANNOUNCEMENT NO. 36-2025 FLSmidth & Co. A/S 29 October 2025 Copenhagen, Denmark FLSmidth & Co. A/S (“FLSmidth” or the “Company”) hereby announces the following notification received pursuant to section 39 of the Danish Capital Markets Act from Société Générale S.A. regarding its holdings of financial instruments relating to shares in FLSmidth. On 28 October 2025, Société Générale S.A. informed FLSmidth that, as of 22 October 2025, its aggregate holding of financial instruments with a similar economi ...

Core Viewpoint - FLSmidth & Co. A/S has initiated a share buy-back program of up to DKK 1.4 billion, representing approximately 8 percent of its share capital, to enhance shareholder value and comply with market regulations [1]. Share Buy-Back Program Details - The share buy-back program allows FLSmidth to repurchase a maximum of 4,600,000 shares [1]. - As of the latest report, FLSmidth has accumulated a total of 631,500 shares under the buy-back program, with a total transaction value of DKK 246,211,512.53 [2][3]. - The average transaction prices for shares bought back during the period from 30 July 2025 to 5 August 2025 ranged from DKK 374.94 to DKK 395.94 [2]. Treasury Shares - Following the transactions, FLSmidth holds a total of 1,198,502 shares as treasury shares, which corresponds to 2.08 percent of the company's total share capital [3].

Core Insights - FLSmidth has raised its financial guidance for the full year 2025 due to strong performance in the Mining business in Q1 2025 [1] - The Adjusted EBITA margin for the Mining business is now expected to be between 14.0% and 14.5%, an increase from the previous range of 13.5% to 14.0% [1][4] - The overall Adjusted EBITA margin for the Group is now projected to be between 13.0% and 13.5%, up from 12.5% to 13.0% [2][4] Financial Guidance - The financial guidance for 2025 reflects ongoing business simplification, transformation efforts, and improvements in the Mining business, along with strategic initiatives in the Cement business [3] - Revenue expectations for the Mining segment are approximately DKK 15.0 billion, while Cement revenue is expected to be around DKK 4.0 billion, leading to a consolidated Group revenue of about DKK 19.0 billion [4] - The Adjusted EBITA margin for the Cement business is expected to remain between 9.0% and 9.5%, unchanged from previous guidance [4] Market Outlook - The Mining Service business is expected to see stable and active market demand, while the Mining Products business is anticipated to remain soft compared to 2024 [5] - The short-term outlook for the cement industry is affected by macroeconomic uncertainty, and revenue guidance reflects the divestment of the MAAG business completed in 2024 [6] Cost Considerations - The guidance for the Adjusted EBITA margin excludes transformation and separation costs of approximately DKK 200 million for the Mining business and around DKK 50 million for the Cement business for the full year 2025 [5][7]