1

November 2015

Wacker Neuson SE

Agenda

Outlook

The Company

Financials

2

Product range covers customer needs

Light Equipment Compact Equipment Service

Used Machines1

Spare parts

Repair1

Maintenance1

Rental service1

Financing

Concrete Technology Soil and asphalt

compaction

Job-site preparation

Revenue distribution 2014 (Total: € 1.28bn)

Regions: Europe 71.8%; Americas 25.2%; Asia-Pacific 3%

Business segments: Light Equipment 32.4%; Compact Equipment 46.6%; Services 21%

Excavation

Material handling

1In selected countries

3

758

992

1,0921,160

1,284

0,0%

5,0%

10,0%

15,0%

20,0%

25,0%

30,0%

0

200

400

600

800

1.000

1.200

1.400

2010 2011 2012 2013 2014

(Revenue in EUR million; EBIT as a %)

1 Figures as per IFRS; 2 adjusted

+10%

+31%

+6%+11%

4.8%

11.4%2

7.8%

8.2%

10.6%

+70%

Comparison of years 2010 – 20141

Focus on profitable growth

4

Strong brands and sales distribution worldwide for different industries

Brands & Financing

Industries

Construction and other

industries 64%

Agriculture 15%

Services 21%

Sales channels

1 Manufacturing for Claas and Caterpillar

Revenue distribution 2014Direct

Only in Central Europe

Offering spare parts, maintenance

Offering rental of WN machines

Dealers

Worldwide

Offering spare parts (maintenance by dealers)

Rental chains

Worldwide

Offering spare part (maintenance by rental chains or dealers)

OEM1

Included in Europe Revenue

Distribution worldwide

5

International footprint

More than 50 affiliates, therefore over 30 sales affiliates and 5,200 dealers in over 12,400 sites worldwide

LE + CE: Milwaukee (USA)

LE: Northon Shores (USA)

LE: Manila (Philippines) 2007

LE: Reichertshofen (Ger)

CE: Korbach (Ger), 2007

CE: Hörsching (AT), 2012

CE: Pfullendorf (Ger), 2008

CE parts: Kragujevac (Serbia), 2009

HQ Munich (Ger), 2011

LE: Light Equipment production

CE: Compact Equipment production

6

Relocating skid steer loader production to the US

> 70,000 units per year

US is the largest sales market for

skid steer loaders

Development and production: “In the region, for the region”

7

NEW

NEW

NEW

NEW

New affiliates established in Latin America and Asia in 2014

Expansion of global sales network

8

Competitive landscape for Wacker Neuson Group

Fragmented market

Dominated by niche/specialized manufacturers

Not targeted by heavy equipment manufacturers

Quality rather than price

Significant barriers to market entry

Light equipment/

construction

Market structures and dynamics

Fragmented market with local manufacturersCompact equipment/

agriculture

Global competitors

Similar target groups to light equipment for the construction

industry

Specialized manufacturers

Compact and heavy equipment providers

Compact equipment/

construction

Ammann

Atlas Copco/Dynapac

Bomag

Bosch pt

Hilti

Multiquip/Mikasa

Competitors

Giant

JCB

Schaeffer

Thaler

Compact equipment

Atlas Weyhausen

Bobcat (Doosan)

Kubota

Manitou/Gehl

Takeuchi

Yanmar

Heavy equipment

Hitachi

JCB

Komatsu

Liebherr

Terex

Volvo

9

Strategic alliances

10

1 Until December 2017

1

Gold: Bi-GaLaBau Green Award

(Germany)

Gold Green Innovation

(UK)Gold (France) Gold (Poland)

Innovationspreis

Equitana

Gold: Innovationspreis

AGRA (Bulgaria)

Gold: demopark-

Innovations-Medaille

Innovationspreis

Eima 2014

Awards from third parties (selected)

11

Agenda

Outlook

The Company

Financials

12

Q3/15: Income statement

13

Q3/15As % of

revenueQ3/14

As % of

revenueChange in %1

Revenue 311.0 100.0 316.2 100.0 -1.6 (-4.4)

Gross profit 86.3 27.7 95.8 30.3 -9.9

Operating expenses2 71.8 23.1 65.0 20.6 10.5

Operating profit 14.5 4.7 30.8 9.7 -52.9

EBIT 15.5 5.0 40.1 12.7 -61.3

Net profit 8.5 2.7 26.5 8.4 -67.9

Net profit per share in € 0.12 0.38

EBITDA 32.1 10.3 55.1 17.4 -41.7

Number of employees 4,696 4,271 10.0

Income statement (extract) and number of employees

(€ million)

1 in brackets, adjusted to discount currency effects

2 without other income/expenses

Q3/15: Difficult quarter1

230,1 220,4

Q3/14 Q3/15

14

Europe2

-4% (-4%)

105,9 107,2

Q3/14 Q3/15

Light equipment3

+1% (-5%)

76,8 79,2

Q3/14 Q3/15

Americas2

+3% (-7%)

144,2 136,4

Q3/14 Q3/15

Compact equipment3

-5% (-6%)

9,3

11,4

Q3/14 Q3/15

Asia-Pacific2

+22% (+20%)

70,7 73,7

Q3/14 Q3/15

Services3

+4% (+1%)

1 In brackets: adjusted for currency effects; 2 Nominal, after cash discounts; 3 Nominal, before cash discounts

(€ million)

(€ million)

(€ million)

(€ million)

(€ million)

(€ million)

9M/15: Revenue increase

15

9M/15As % of

revenue9M/14

As % of

revenueChange in %1

Revenue 1,017.4 100.0 936.2 100.0 8.7 (4.0)

Gross profit 293.9 28.9 282.4 30.2 4.1

Operating expenses2 218.3 21.5 192.8 20.6 13.2

Operating profit 75.6 7.4 89.7 9.6 -15.7

EBIT 81.2 8.0 103.5 11.1 -21.5

Net profit 53.7 5.3 69.0 7.4 -22.2

Net profit per share in € 0.77 0.98

EBITDA 130.3 12.8 148.1 15.8 -12.0

Number of employees 4,696 4,271 10.0

Income statement (extract) and number of employees

(€ million)

1 in brackets, adjusted to discount currency effects

2 without other income/expenses

9M/15: Revenue growth by regions and divisons1

689,3 730,7

9M/2014 9M/2015

16

Europe2

+6% (+5%)

309,3 320,4

9M/2014 9M/2015

Light equipment3

+4% (-5%)

220,2254,1

9M/2014 9M/2015

Americas2

+15% (-0%)

441,4506,6

9M/2014 9M/2015

Compact equipment3

+15% (+13%)

26,6

32,6

9M/2014 9M/2015

Asia-Pacific2

+23% (+12%)

198,5 207,1

9M/2014 9M/2015

Services3

+4% (+0%)

1 In brackets: adjusted for currency effects; 2 Nominal, after cash discounts; 3 Nominal, before cash discounts

(€ million)

(€ million)

(€ million)

(€ million)

(€ million)

(€ million)

Share price development

17

in € 2011 2012 2013 2014 9M/14 9M/15

Earnings per share 1.22 0.77 0.87 1.30 0.98 0.77

Dividend payment 0.50 0.30 0.40 0.50 –

End of period 9.55 10.35 11.49 16.96 15.15 12.96

High 13.49 13.45 12.75 18.00 18.00 24.60

Low 8.35 9.06 9.24 11.49 11.73 12.60

Market capitalization (in € m) 669.8 725.9 805.6 1,189.2 1,062.6 909.0

ISIN / WK DE000WACK012 / WACK01

Reuters /

Bloomberg

WACGn.DE / WAC GR

Indices SDAX, DAXplus family, CDAX,

GEX, Classic All Shares

Share Prime All Share

Total shares 70.140.000

Shareholder

structure

63% Family; 37% Free float

(thereof management: 0.5)

1 Manitou, Haulotte, Palfinger, Caterpillar, Terex, Ramirent, Cramo, Atlas Copco, Bauer, Deutz

1

Share price performance since Jan. 1, 2015 with peak on April 27

Key figures share

Agenda

Outlook

The Company

Financials

18

0

5

10

15

20

25

30

0,0

200,0

400,0

600,0

800,0

1.000,0

1.200,0

1.400,0

1.600,0

2014 2015e

(Revenue in € billion)

Revenue and Margins 2014–2015e

1.28

+5-9%

EBIT margin

10.6%

1.35–1.40

EBIT margin

7-8%

1 Previously revenue increase by 9% to 13% (1.40 – 1.45 bn €);

EBIT margin between 9.5% and 10.5%.

Forecast 2015 (revised on Oct. 14, 20151)

19

Europe

North America

Latin America

South Africa and Sub Sahara

Asia

Australia

Agriculture

Construction

Oil & Gas

Other channels

2

Wacker Neuson Group revenue trend 2016

Extreme volatility, low visibility

2 Strong increase, but from a low base

Goal: To increase revenue to more than EUR 2 bn in medium term and boost profitability

Medium-term goal: keep on profitable growth track

20

Strong financial position independence Long-term

growth strategies, family culture Technology

leader Highest product and service quality Flexible production,

sophisticated logistics Balanced revenue structure

Cross-industry focus Global footprint customer

proximity Experienced, highly motivated employees

Sustainable business practices Unparalleled extensive

portfolio Strong profit margins

Great reason for choosing Wacker Neuson Group

21

Appendix

(in € million) 2014 2013 Difference

Revenue 1,284.3 1,159.5 10.8%

Gross profit 381.3 352.7 8.1%

Operating costs1 -262.9 -259.5 1.3%

Operating costs1 as a % 20.5 22.4 -1.9 PP

EBITDA 196.3 153.4 28.0%

EBITDA margin as a % 15.3 13.2 2.1 PP

EBIT2 136.2 94.7 43.8%

EBIT margin2 as a % 10.6 8.2 2.4 PP

Net profit 91.5 61.2 49.6%

Earnings per share in € 1.30 0.87 49.6%

Employees 4,372 4,157 5.2%

1 Discounting other income/expenses

Income statement for 2014 (excerpt)

Revenue and increased profit forecasts achieved (Revenue: € 1.25-1.30 bn, EBITDA margin: 14.5-15.5%, EBIT margin: 10.0-11.0%)

2014: Increase in revenue and profit

23

2013 2014 2013 2014 2013 2014

2013 20142013 20142013 2014

(in € million) (in € million) (in € million)

(in € million)(in € million)

1 In brackets: adjusted by currency effects 2 Nominal, after cash discounts3 Nominal, before cash discounts

248.5 273.0

826.2921.7

297.2 323.7

36.1 38.9

407.2 422.3 520.0606.0

Europe2 Americas2 Asia-Pacific2

Light equipment3 Compact equipment3 Services3

+17% (+17%)(in € million)

+12% (+12%)+9% (+11%)

+8% (+11%)

+4% (+6%)+10% (+10%)

2014: Positive development in all regions and segments1

24

274284 254 279

257

329

276297 292

328316

348

22% 22%24% 23%

26%

21% 21% 22% 22%

19%21% 20%

14% 14%15% 16% 16%

14% 14% 14% 14%13% 13% 13%

2% 2% 3% 3% 3% 2% 2% 2% 2% 2% 2% 2%

6% 6% 6%5%

7%

5% 5%6%

5% 5% 5% 5%

0%

5%

10%

15%

20%

25%

30%

35%

40%

0

50

100

150

200

250

300

350

400

Q1/12 Q2/12 Q3/12 Q4/12 Q1/13 Q2/13 Q3/13 Q4/13 Q1/14 Q2/14 Q3/14 Q4/14

Revenue Sales & service exp. R&D exp. General admin. exp. Operating expenses

2013: 22.4% 2014: 20.5%2012: 22.9%-0.5 PP -1.9 PP

1 Without other income/expenses

Cost-to-revenue ratio for all positions below prior-year level

1

2014: Ongoing improvement of cost structure

25

-19%

(in € million)

-61%

Trade receivables

Inventories

Trade payables

453.1

+17%

+6%

+27%

+46%2013 2014

532.2

2013 2014

21.5

55.2

2013 2014

106.8

131.1

(in € million)

2013 2014

-75.9

-12%

Depreciation/amortization

2013: € 58.6 million

2014: € 60.1 million

-85.3

Working capitalCash flow from operating

activities

Cash flow from investment

activitiesFree cash flow

Revenue: +11%

2014: Positive free cash flow despite increase in working capital

26

(in € million)(in € million)

177 179,5

936

18.9% 17.7%

0,0%

5,0%

10,0%

15,0%

20,0%

25,0%

30,0%

35,0%

40,0%

45,0%

50,0%

0

100

200

300

400

500

600

700

800

900

1.000

2013 2014

Net financial debt

Equity before minority interests(ratio)

Gearing in %

(71%)

+1.4%

(70%)

(in € million)+8.1%

1,012

1 Gearing = net financial debt / equity before minority interests

Eligibility for central bank

credit confirmed by:

Equity, net financial debt and gearing

Gearing1 reduced despite double-digit growth in revenue

2014: Equity and financial debt

27

(€ million) (as a %)

0%

5%

10%

15%

20%

25%

30%

35%

40%

0

200

400

600

800

1000

1200

1400

2010 2011 2012 2013 2014

Average capital employed Revenue Return on capital employed (ROCE II) Weighted average cost of capital (WACC)

(70.1%)

(65.3%)

(72.7%)(74.1%)

(69.9%)

1 (ROCE II – WACC) * average capital employed = economic value added (EVA)

757.9

991.61,091.7

1,159.5

1,284.3

531.3

646.9

793.6859.4

897.1

7.9%

7.5% 7.5% 7.1%7.1%

5.2%

12.5%

7.6% 7.7%

10.8%

Positive EVA: EUR 32.4 million

ROCE II > WACC

2014: Positive economic value added (EVA)1

28

9M/15: Development of profit per region

29

EBIT-change by region 9M/15 vs. 9M/14

(€ million)

-10

10

30

50

70

90

110

EBIT 9M/14 Europe Americas Asia-Pacific Consolidation EBIT 9M/15

9M/15 vs. 9M/14 Europe Americas Asia-Pacific Total

Revenue +6% +15% +22% +9%

EBIT -11% -55% +168% -22%

EBIT Margin (9M/14)1 7.5% (9.1%) 1.1% (3.0%) 3.0% (1.9%) 8.0% (11.1%)

103.5 -11.4

-9.3+1.3 -2.9

81.2

1 EBIT Margin of regions on total external sales

9M/15: Comparison of EBIT vs. previous year

30

EBIT-Change 9M/15 vs. 9M/14

(€ million)

0

20

40

60

80

100

120

EBIT 9M/14 Revenue volume effect Revenue margin effect S,G&A Other EBIT 9M/15

103.5

24.5 -13.1

-25.5

-8.281.2

1

1 Other income & expense

Product and regional mix, sharp decline in several markets in Q3/15 (unexpected)

9M/15: Working capital development

31

243,7350,5 349,4

411,2513,8

172,6

153,5 180,8

200,5

186,8

-66,2 -63,6 -63,6 -88,6 -91,0

Sept. 30, 2011 Sept. 30, 2012 Sept. 30, 2013 Sept. 30, 2014 Sept. 30, 2015

Inventories Trade receivables Trade payables

Working Capital ratio (3M annualized revenue)

35.2% 43.3% 42.2% 41.3% 49.0%

Measures for reducing Working Capital will be noticeable in Q4/15.

(€ million)

-7%

WC: +17%

609.6

523.0

+2%

+25%

466.5440.4

350.1

Working capital 9M/11 – 9M/15

9M/15: Investments and cash flow development

4,2

-28,4

9M/14 9M/1544,6

49,1

9M/14 9M/15

-72,4-81,2

9M/14 9M/15

(€ million)

76,6

52,8

9M/14 9M/15

(€ million) (€ million)(€ million)

Cash flow from

investment activitiesDepreciation

Cash flow from

operating activitiesFree cash flow

Positive free cash flow of 14.8 million € in Q3/15 (Q3/14: 3,2 million €).

Measures to reduce inventories already implemented.

+12%

+10%

32

-31%

71

195 214 199241

871917 924

9901.046

8%

21%23%

20%

23%

0%

5%

10%

15%

20%

25%

30%

35%

40%

0

200

400

600

800

1.000

9M/11 9M/12 9M/13 9M/14 9M/15

Net financial debt Equity before minority interests Gearing as a %

9M/15: Gearing and equity

33

High equity ratio of 66%, increase of net debt by 21% due to WC increase

(€ million)

Equity, net debt and gearing 9M/11 – 9M/15

+21%

What happened in Q3/15?

Market conditions worsened in Q3/15 significantly

Agriculture business decreased sharply by 28%, crises deepened significantly (H1/15: +17%; 9M/15: +1%)

Ongoing market crises in emerging countries e.g. RUS, BRA, CHL, ZAF

Lower demand in countries dependent on commodities and energy prices e.g. CAN, USA, AUS

Business in mature markets developed weaker than expected e.g. FRA, AUS

Less favorable product and regional mix

Further impacts on profitability, especially in comparison to Q3/14

Production capacities have been adjusted to meet future demand, e.g. increase of headcounts (thereof 2/3 in factories)

Margins and volumes of US export products under pressure due to stronger US dollar

Negative FX effects on EBIT in emerging markets, especially in Latin America

Lower FX gains compared to 2014 gap of 8 m € earnings contribution vs. prev. year (net of total other income/other expenses)

34

A sum of unfavorable developments let Wacker Neuson revenues and earnings decrease in Q3/15 compared to prev. year.

Low food and commodity prices hit our business

35

Current decrease in Crude Oil- and Food price index

Source: FAO and World bank

9M and Q3/15: Comparison of peer group construction divisions

Company Change in Profit 9M Change in Profit Q3

Wacker Neuson EBIT: -22% EBIT: -61%

Peer 1 Construction division Op. profit: +5% Op. profit: +27%

Peer 2 (Constr./Agri.) Not disclosing Not disclosing

Peer 3 Construction division Op. Income: +11% Op. Income: -11%

Peer 4 Access Equipment division1 Op. Income: -19% Op. Income: -56%

Peer 5 Construction division2 EBIT: -60% EBIT: -58%

Peer 6 Construction division2 Profit: -21% Profit: -23%

Peer 7 Construction division Op. Profit: >100% Op. Profit: >100%

Peer 8 Construction division Op. Profit: -8% Op. Profit: -22%

Peer 9 Construction division2 Ordinary Income: Loss Ordinary Income: Loss

Peer 10 Construction division Op. Income: Loss Op. Income: +68%

Peer 11 Construction division Op. Profit: +3% Op. profit: -5%

36

-30%

-13%

-13%

-15%

-15%

-7%

-8%

-17%

-6%

-8%

4%

-2%

-30% -10%

Revenue and Profit (Change vs. 9M/14 and Q3/14)

1 Noncalendar fiscal year, figures show 2015 and Q4; 2 Noncalendar fiscal year, figures show H1 and Q2

-24%

-18%

-13%

-13%

-9%

-6%

-6%

-3%

-1%

2%

6%

9%

-25% -15% -5% 5%

Change revenue 9M/15 vs. 9M/14 Change revenue Q3/15 vs. Q3/14

Reinforcing measures to improve bottom line

Continued cost control, process optimization, leveraging synergies

Savings in procurement (supported by external consultancy)

Ongoing cost awareness throughout the organization, identification of further saving potentials

Ongoing restructuring measures in selective affiliates

Only selective hiring, where necessary (case-by-case decision)

Using flexibility in staffing of factories (temporary workers), where applicable

Focus on reduction of inventories

Continued penetration of core markets, especially via cross-selling and focus on diversification

Continued internationalization, long-term market penetration of emerging markets with localized products

New technologies and innovations (e.g. electric drives, dual power, health and comfort protection)

Opportunities for mergers and acquisitions growing

Our actions to current market situation

37

Long-term goals remain unchanged and will – fostered by our strategies – contribute further growth to our Group.

-1 0 1 2 3 4 5 6

2015

2016

2017

Country

Value in

2014 in € bn

Germany 292.4

France 205.5

United Kingdom 192.5

Italy 160.5

Spain 71.7

Netherlands 64.1

Switzerland 53.3

Norway 44.2

Poland 43.1

Belgium 39.1

Austria 32.5

Sweden 32.3

Euroconstruct

Countries (EC-19) 1,340.8

(change as a %)

+1.9+2.4+2.6

Outlook for Europe – Growth in percent for 2015, 2016 and 2017

Construction industry trends in Europe

38Euroconstruct June 2015

+9.7+7.8+8.2

Financial calendar and IR contact

Financial Calendar

IR contact

Investor Relations Department

Preussenstrasse 41, 80809 Munich, Germany

Phone: +49-89-35402-713, Fax: +49-89-35402-298

ir@wackerneuson.com

November 23 – 25, 2015 German Equity Forum, Frankfurt

March 15, 2016 Publication of financial results 2015; Press Conference, Munich; Analysts' Conference Call

April, 2016 Capital Market Day on bauma, Munich

May 12, 2016 Publication of first-quarter report 2016; Analysts' Conference Call

May 31, 2016 AGM, Munich

August 4, 2016 Publication of half-year report 2016; Analysts' Conference Call

November 10, 2016 Publication of nine-month report 2016; Analysts' Conference, Frankfurt

Numerous international trade fairs, roadshows and conferences

39

DisclaimerCautionary note regarding forward-looking statements

The information contained in this document has not been independently verified and no representation or

warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy,

completeness or correctness of this information or opinions contained herein.

Certain statements contained in this document may be statements of future expectations and other forward

looking statements that are based on management‘s current view and assumptions and involve known and

unknown risks and uncertainties that could cause actual results, performance or events to differ materially

from those expressed or implied in such statements.

None of Wacker Neuson SE or any of its affiliates, advisors or representatives shall have any liability

whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its

content or otherwise arising in connection with this document.

This document does not constitute an offer or invitation to purchase or subscribe for any securities and neither

it nor any part of it shall form the basis of or be relied upon in connection with any contract or commitment

whatsoever.

40