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Jungheinrich GroupConference Call Interim Report as of March 31, 2014 60 Years of Passion for Logistics Hans-Georg Frey, Chairman of the Board of Management Dr. Volker Hues, Member of the Board of Management, Finance May 8, 2014

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Page 1: Jungheinrich q1 14

Jungheinrich Group—Conference Call

Interim Report as of March 31, 2014

60 Years of Passion for Logistics

Hans-Georg Frey, Chairman of the Board of Management

Dr. Volker Hues, Member of the Board of Management, Finance

May 8, 2014

Page 2: Jungheinrich q1 14

Highlights—Q1 2014

Conference Call—May 8, 2014 2

World material handling equipment market grows by 10%

Market volume up 10% in Western Europe, but down 7% in Eastern

Europe

Net sales and EBIT both rise by 12%

Production significantly expanded

Net sales and EBIT for 2014 forecasts raised

Page 3: Jungheinrich q1 14

Source: WITS 3/2014.

World Material Handling Equipment Market—3/2014

Growth Rates by Region in terms of units; compared to 3/2013

Western

Eastern

Europe

Asia

North America

World

World Market

thousands of units

3

3/2013 3/2014

thereof

China +18%

+7%

+10%

-7%

+17%

+10%

247.2 272.3

+14%

Conference Call—May 8, 2014

thereof Russia -24%

Page 4: Jungheinrich q1 14

Incoming Orders of all Business Fields

4 Conference Call—May 8, 2014

in million €

Q1 2013 Q1 2014

+2% 587 600

Incoming orders +2% following 2013

year-end dash (major new trucks order

and bring-forward effects in Q4 2013)

Page 5: Jungheinrich q1 14

Incoming Orders Production

Business Trend—New Truck Business

5 Conference Call—May 8, 2014

in units

22,039 20,469 19,449 16,616

Q1 2013 Q1 2014

+33% +5%

Q1 2013 Q1 2014

Page 6: Jungheinrich q1 14

6

Orders on Hand—New Truck Business

Conference Call—May 8, 2014

in million €

394

12/31/2013 03/31/2014

366 +8%

The order reach is thus

four months

Page 7: Jungheinrich q1 14

Consolidated Net Sales

7 Conference Call—May 8, 2014

in million €

Q1 2013 Q1 2014

514 575 +12%

New truck business records

disproportionately strong growth (+23%)

After-sales services post 5% rise in net

sales

Domestic net sales up 6%

Foreign net sales increased by 14%, driven

by France, the United Kingdom and Spain as

well as the Czech Republic and Poland

Non-European net sales climb by

38%—supported by marked gains in net

sales in Asia; share of consolidated net

sales grows from 8% to 10%

Page 8: Jungheinrich q1 14

EBIT

8 Conference Call—May 8, 2014

in million €

Q1 2013 Q1 2014

36.0 40.2

7.0% EBIT ROS

+12%

7.0%

EBIT rises due to good level of plant

capacity utilization (consequence of high

level of incoming orders in Q4 2013)

Reporting quarter takes account of

€1.3 million fund transfer recognized as

an expense to the assets of the

Dr. Friedrich Jungheinrich Foundation

Page 9: Jungheinrich q1 14

R&D and Capital Expenditures

Conference Call—May 8, 2014 9

in million €

Capital Expenditures R&D Expenditures

Capex ratio as a percentage of net sales Capitalization ratio

Focal points: energy efficiency of

drive systems, automation of material

handling equipment

Capitalization ratio rises owing to increase

in major product developments

10.9 12.0

Q1 2013

23 14

4% 2% 18% 25%

Q1 2014 Q1 2013 Q1 2014

Reporting-quarter figures reflect first

effects of construction of new corporate

headquarters and training centre

Capex on large-scale strategic projects

completed in 2013

Page 10: Jungheinrich q1 14

6,094 6,599

5,167 5,458

Workforce Trend

10

in full-time equivalent (FTE)

12/31/2013 03/31/2014

Germany

Abroad

12,057

11,840

+2%

Conference Call—May 8, 2014

■ Focus of continued workforce

expansion remains on

sales—in the first quarter

primarily in Europe

Page 11: Jungheinrich q1 14

11

951

2007 2012

380

170

266

191

World

Europe

331

411

2011 2007 2012

311

-6%

-5%

363

+7%

181

-3%

975

2011

Asia North America

2007 2007 2013 2011 2012 2013 2011 2012 2013

944

2013

316

+2%

+11%

401

+11%

201

+7% 1,010

2014e 2014e 2014e

2014e

World Material Handling Equipment Market in thousand units

Source: WITS.

Estimate.

2006 = 213

Conference Call—May 8, 2014

Page 12: Jungheinrich q1 14

12

€175 million - €185 million1

€45 million - €50 million

Incoming orders

Net sales

Earnings before interest and

taxes (EBIT)

Capital expenditures on

tangible assets

Research and development

expenditures

1 2013 incoming orders: €2.4 billion, net sales: €2.3 billion, 2013 EBIT: €172 million.

€85 million - €95 million

€2.4 billion - €2.5 billion1

€2.4 billion - €2.5 billion1

15% - 20% ROCE

Conference Call—May 8, 2014

2014 Outlook—Net Sales and EBIT Forecasts Raised

Page 13: Jungheinrich q1 14

Conference Call—May 8, 2014 13

Disclaimer

Since developments cannot be foreseen, the actual business trend may deviate from

the expectations presented here based on assumptions and estimates made by

Jungheinrich company management. Factors that may lead to such deviations include

changes in the economic environment, changes in the political and legal environment

and within the material handling equipment sector as well as exchange and interest

rate fluctuations. Therefore, no responsibility is taken for forward-looking statements

made in this interim Group management report and no ensuing liability is assumed.

Page 14: Jungheinrich q1 14