Munters (MTRS) Investor presentation summary

Growth journey and global footprint

• Expanded from 1 US-centric site in 2020 to 6 global sites and over 1,000 employees by 2026, with significant presence in Americas, EMEA, and APAC regions.

• Production capacity increased to ~90k m², with major facilities in Virginia, Texas, Cork, Italy, Thailand, and Brazil.

• Facilities are ISO, Eurovent, UL, and CE certified, supporting a broad product portfolio.

• Lean, adaptable manufacturing footprint enables rapid scaling and efficiency improvements.

Market developments and industry trends

• Data center cooling market expected to grow at ~15% CAGR from 2025-2032, with cooling representing 10-15% of total DC capex.

• Major trends include AI-driven demand, rising power density, liquid and hybrid cooling adoption, and increasing build complexity.

• Modular and scalable solutions are increasingly favored for rapid deployment and efficiency.

Portfolio, solutions, and competitive position

• Offers a full range of air, water, and refrigerant-based cooling systems, including SyCool, Circlemiser, and Geoclima chillers.

• Differentiated by modular, customer-centric solutions, high-density AI/HPC readiness, and integrated controls.

• Hybrid cooling solutions combine air and liquid cooling for scalable AI infrastructure.

• Recognized for product customization, resource efficiency, and project-based approach.