Rational Ag Lndsberg

Dear ladies and gentlemen, I'm delighted that you have dived into this call and a very warm welcome from my side. My name is Subi Stadler and I'm joined by my colleagues Laura Deininger, Stefan Arnold and of course our CEO Peter Stadelmann and CFO Jörg Walter. Before we start, as always, a few hints at the very beginning. All participants remain muted during the call. After the presentation, we will directly go over to the Q&A session. Today Stefan will read out the questions you send us via email. Your questions will then be answered by Peter and Jörg. Thanks to all of those who sent them in advance. This makes our life a bit easier and we hope the answers will be more helpful for you. If we already gave the answer to a question during the presentation or if we already had a comparable question, we then might not repeat the question later on. However, we will make sure that all questions will be answered before we close the call. This call is being recorded. We will send the YouTube link to all participants after the call. We kindly ask you not to share this outside your organization. With that, I hand over to Peter.

Good afternoon, ladies and gentlemen. Before I look back on 2024, let me look back to 3rd of March 2000. when the success story of the Rational Share began. The issue price was 23 euros. The first trading price already was 35 euros. Nevertheless, the Rational Share was not taken seriously by many market participants as a representative of the old economy at that time. Many software and technology stocks were heavily hyped and the new economy was predicted to have a prosperous future, today we know it did not. If you are interested in more details, please visit our website. We see on this chart the development of the rational share price in red and the MDocs and the DOCs below in blue and grey. So, I think you know that even better than we do. The greatest milestone in 2024 was the beginning of a new era, the iHexagon. The world's first six full tray cooking appliance using three sources of heat transfer. Not only did we add microwave into a combi oven, the iHexagon is using all three energy sources intelligently. That means no operator needs to know how those three are combined, in what ratios, in what timing, in what performance. That is taken care of by the unit itself. We launched the iHEXAGON in three markets and in the first stage for selected customers only. Let's have a look at the successful installation in a UK soccer stadium in Ipswich.

Ipswich Water Club is the only one in Suffolk. We have three main kitchens. They all vary in the size and capacities they churn out. Speed is key. You've got kick-offs at three o'clock. You want people in, fed, enjoying themselves. Over in the Cobbold stand, you'll have the bowl food area, which is up to 80 people. And then you've got the boxes for 28. And then, of course, the staff. I first learned about iHexagon when my bosses went to see the demonstration. They could not stop talking about how quick it was, the quality, and how reliable the kit is. Then we had it installed. I was skeptical, and then it was like, wow. The main thing for us was speed and make sure the quality doesn't dip. No matter who turns up in the kitchen to work, it flows immediately. I can literally turn around and say to somebody without telling a lie, it'll be two minutes. Two minutes later, they'll be out ready I don't need to worry about a fryer, a grill. All these elements are covered within the iHexagon. Match days, everything's there ready for you. Tray them up, put them in, put the probe in, put it into iProduction Manager, then you can monitor it. The variable settings on the iHexagon are a godsend. You could have various different items on the six shelves and the variable microwave technology will balance and adjust according to the product. So a lamb rum, Normally it would take 15 minutes. Now it's roughly down to six and a half minutes and that's a massive saving. The duck breast came out absolutely superb. It's like it's been in a water bath. It had a lovely crisp skin as well. The Auto Dough system is brilliant. A very safe and efficient way of cleaning. It's really forward and there's less risk for my staff. With my display, there's three points to help people cook. We use it every match day towards Christmas. You could have three games in one week. Anytime we have functions, the iHexagon will get used. The iHexagon has contributed in reducing food waste. Massive, massive drop because we only put through what we need. We don't go through as much or waste any product. We used to have a bottleneck situation. Now that is easily resolved because of the speed and efficiency. Die Hexagon has been phenomenal. Icon VR, a very efficient product anyway, but now you've taken that to another level. Hexagon has brought about a new era to the Georgetown Football Club.