Umicore (UMI) AGM 2026 presentation summary

Opening remarks and agenda

• Reviewed annual and consolidated accounts for 2025, including supervisory board and auditor reports.

• Approved remuneration report, revised remuneration policy, and allocation of results.

• Addressed supervisory board composition and remuneration.

Financial performance review

• Revenues reached €3.6bn (+3% vs PY), adjusted EBITDA €847mn (+11%), ROCE at 15.7%.

• Free operating cash flow at €524mn, leverage ratio improved to 1.60x.

• Strong performance in foundation businesses, supported by operational excellence and favorable metal prices.

• Adjusted EPS increased to €1.20, with net gearing ratio reduced to 37.4%.

Board and executive committee updates

• CFO Wannes Peferoen stepping down August 2026, succeeded by Lily Liu.

• Martin Zieris appointed Chief Digital & Transformation Officer, effective August 2026.

• Supervisory board renewals: Marc Grynberg (3 years), Frédéric Oudéa (1 year, independent).

• New independent members proposed: Anna Bertona and Benjamin Loh (3 years each).

• Françoise Chombar and Michael Bredael stepping down.