voestalpine AG expansion of truck frame production in Indiana, USA; 70m€ investment and long-term OEM contracts

voestalpine AG expansion of truck frame production in Indiana, USA; 70m€ investment and long-term OEM contracts

voestalpine AG www.voestalpine.com Q1 2026/27 Analyst & Investor Meeting, August 5, 2026

| | 08/05/2026 2 Investor Relations Solid earnings and free cash flow in an environment characterized by significant uncertainty, supported by a robust strategy Continued strong momentum in Railway Systems and Aerospace, positive development in Warehouse & Rack Solutions Employees (FTE): Reduced to 48,640 Disciplined reorganization and portfolio optimization, completion of the sale of BÖHLER Profil Construction, mechanical engineering, and consumer goods industries remain at a low level, mixed development in the automotive industry greentec steel project on time and on budget. Ramp-up in first half of 2027

| | 08/05/2026 3 Investor Relations Asia / China Positive economic performance, growth driven by exports, with the domestic economy showing limited development Europe Weak economic momentum, trade policy opportunities North America / USA Economy continues to grow, with private consumption and AI investments as a key driver South America / Brazil Moderate economic growth, U.S. tariffs, and increased Chinese imports are weighing on the market 14% of revenue* 3% of revenue* 65%** of revenue* Rest of world: 10% of revenue* 8% of revenue*

• as of BY 2025/26 ** EU

| | LOCAL-FOR-LOCAL STRATEGY SUCCESSFULLY CONTINUED 08/05/2026 4 Investor Relations Expansion of truck frame production in Indiana, USA » Manufacturing of high- quality truck frames » Long-term contracts with established OEMs » Investment: 70 m€ Railway Systems major order and expansion » Rail Baltica: 470m€ » Expansion of production in Ontario: » Long-term contract with Canadian National » Direct access to Canadian market mitigates trade risks

| | 08/05/2026 5 Investor Relations greentec steel ACCORDING TO PLAN One electric arc furnace (EAF) in both Linz and Donawitz 1.5 bn€ investment on time & on budget 30% reduction in CO2 emissions* Replacement of another blast furnace at each of the sites in Linz and Donawitz (50%* of CO2 emissions) Objective: net zero CO2 emissions from 2027 by 2029 from 2030 by 2050

• Scope 1 and Scope 2 emissions compared to the reference year 2019

| | 6

April 2027 Ramp-up of EAF—expansion phase 1 From 2027 Replacement of first blast furnace. EAF—start of expansion phase 2* Investment volume: 100 m€ From 2030 Complete conversion to electric steel production Reduction of CO2 emissions by over 90% (base year 2019) *Subject to clarification of unresolved funding issues 2030 Shut down of second blast furnace and sintering plant greentec steel in Donawitz 08/05/2026 Investor Relations

| | 08/05/2026 7 Investor Relations DEVELOPMENT OF THE DIVISIONS

| | 08/05/2026 STEEL DIVISION Q1 BY 2026/27 » Business development » Resilient Q1 performance supported by strong premium positioning » Subdued demand from construction, mechanical engineering, and energy industries » Stable deliveries to automotive industry, driven by high product quality, delivery reliability and stable logistics resulting in market share gains » Current situation & outlook » Weak European demand partly offset by new EU safeguard measures and CBAM. Positive signal from ETS reform proposal (incl. delayed free allowance roll-off), but further improvements needed » Temporary pricing stagnation from inventory build-up and front- loaded imports, further positive pricing momentum anticipated in the second half of the business year » Logistical challenges well managed » greentec steel transformation progressing as planned, ramp-up in the first half of the calendar year 2027 in millions of euros 1,531 REVENUE Q1 BY 2026/27 218 EBITDA Q1 BY 2026/27 14.3% EBITDA margin Q1 BY 2026/27 153 EBIT Q1 BY 2026/27 10.0% EBIT margin Q1 BY 2026/27 Investor Relations 8 1,530 Q4 2025/26 236 Q4 2025/26 15.4% Q4 2025/26 172 Q4 2025/26 11.2% Q4 2025/26

| | 08/05/2026 HIGH PERFORMANCE METALS DIVISION Q1 BY 2026/27 » Business development » Stable but subdued tooling markets in Europe and North America; solid demand in China and slightly improved demand in South America » Medtech, food & beverage and mining showed solid demand and supported overall business stability » Strong momentum in aerospace & power industries, driven by global demand » Reorganization projects progressing according to plan, successful sale of BÖHLER Profil » Current situation & outlook » Economic uncertainty, competitive pressure and U.S. trade measures continue to weigh on markets » Slight market improvement, Aerospace strong in millions of euros Investor Relations 9 742 REVENUE Q1 BY 2026/27 167 EBITDA Q1 BY 2026/27 22.5% EBITDA margin Q1 BY 2026/27 130 EBIT Q1 BY 2026/27 17.5% EBIT margin Q1 BY 2026/27 745 Q4 2025/26 65 Q4 2025/26 8.7% Q4 2025/26 20 Q4 2025/26 2.7% Q4 2025/26

| | 08/05/2026 METAL ENGINEERING DIVISION Q1 BY 2026/27 » Business development » Stable performance driven by the continuously robust Railway Systems business » Mixed development in Industrial Systems business units: » Tubulars significantly impacted by U.S. tariffs, project delays and postponements due to the conflict in the Middle East » Wire business challenging with subdued demand in automotive, construction and mechanical engineering industries » Welding overall stable with regional differences » Current situation & outlook » Overall positive development in Railway Systems » Industrial Systems remains affected by weak investment activity, regional competition and tariff-related challenges » greentec steel transformation progressing as planned, ramp-up in the first half of the calendar year 2027 Investor Relations 10 1,048 REVENUE Q1 BY 2026/27 91 EBITDA Q1 BY 2026/27 8.7% EBITDA margin Q1 BY 2026/27 44 EBIT Q1 BY 2026/27 4.2% EBIT margin Q1 BY 2026/27 in millions of euros 966 Q4 2025/26 105 Q4 2025/26 10.9% Q4 2025/26 58 Q4 2025/26 6.0% Q4 2025/26

| | 08/05/2026 METAL ENGINEERING DIVISION BUSINESS UNIT RAILWAY SYSTEMS Q1 BY 2026/27 » voestalpine Railway Systems is a leading global provider of integrated railway infrastructure solutions covering track systems, turnout systems, fixations, signaling, digital monitoring and services » Low-cyclical business supported by recurring maintenance and renewal activities, generating the majority of revenues » Record Rail Baltica contract (c. 470m€) confirms strong market position » Positive mid-term market outlook with a strong order backlog covering a significant share of BY 2026/27 and beyond Investor Relations 11 583 REVENUE Q1 BY 2026/27 60 EBITDA Q1 BY 2026/27 10.3% EBITDA margin Q1 BY 2026/27 44 EBIT Q1 BY 2026/27 7.6% EBIT margin Q1 BY 2026/27 in millions of euros 488 Q4 2025/26 52 Q4 2025/26 10.6% Q4 2025/26 36 Q4 2025/26 7.4% Q4 2025/26

| | 08/05/2026 METAL FORMING DIVISION Q1 BY 2026/27 » Business development » Automotive Components continued to face a challenging market environment, while reorganization measures remained a strategic priority » Tubes & Sections confronted with challenging market environment in North America and continued weak demand in UK’s construction industry » Precision Strip with robust demand, exceeding prior-year level » Warehouse & Rack Solutions strong » Current situation & outlook » Automotive Components faces weak market environment, positive effects of reorganization measures » Warehouse & Rack Solutions is expected to remain strong Investor Relations 12 809 REVENUE Q1 BY 2026/27 62 EBITDA Q1 BY 2026/27 7.7% EBITDA margin Q1 BY 2026/27 28 EBIT Q1 BY 2026/27 3.4% EBIT margin Q1 BY 2026/27 in millions of euros 805 Q4 2025/26 79 Q4 2025/26 9.8% Q4 2025/26 41 Q4 2025/26 5.1% Q4 2025/26

| | 08/05/2026 13 Investor Relations Q1 2026/27 FINANCIAL OVERVIEW

| | 08/05/2026 14 Investor Relations FINANCIAL OVERVIEW Q1 2025/26 Q1 2026/27 Delta in % Revenue 3.902 3.994 2,4 EBITDA 361 495 37,0 EBITDA margin 9,3 % 12,4 % EBIT 172 307 78,8 EBIT margin 4,4 % 7,7 % Profit before tax 139 279 100,9 Profit after tax* 106 196 84,6

• Before deduction of non-controlling interests. Comments on delta YoY: Revenue » Increases in Steel Division, High Performance Metals Division and Metal Forming Division, slight decrease in Metal Engineering Division Operational results » Positive one-off effect from the sale of BÖHLER Profil » Operational improvements in Steel Division, High Performance Metals Division and Metal Forming Division » Decrease in Metal Engineering due to changed U.S. trade policy compared with Q1 2025/26 Profit before tax » Finance costs decreased due to lower net debt in millions of EUR

| | 08/05/2026 15 Investor Relations YoY DEVELOPMENT EBITDA Key financial metrics above prior-year level Price / Raw Materials » Increase in gross margin due to better prices and lower raw material costs Miscellaneous » Positive one-off effect from the sale of BÖHLER Profil » Continued reorganization measures in the High Performance Metals Division in millions of euros 361 41 28 6 59 495 Q1 BY 2025/26 Price Raw materials Mix/Volume Misc. Q1 BY 2026/27

| | 361 29 114 -11 11 -9 495 Q1 BY 2025/26 Steel HPM Metal Engineering Metal Forming Holding & misc. Q1 BY 2026/27 in millions of euros 08/05/2026 16 Investor Relations YoY DEVELOPMENT EBITDA DIVISIONS Steel Division » Increase in gross margin due to higher revenues and lower costs High Performance Metals Division » EBITDA for Q1 2026/27 includes approx. 100 m€ in net positive one-off effects Metal Engineering Division » Robust development in Railway Systems » Challenging market conditions for Tubulars Metal Forming Division » Persistently challenging market environment for Automotive Components, cushioned by cost-cutting measures

| | 08/05/2026 17 Investor Relations CASH FLOW ON HIGH LEVEL in millions of euros Q1 2025/26 Q1 2026/27 Cash flow from results 363 300 Changes in net working capital 81 44 Cash flow from operating activities 444 344 Cash flow from investing activities -256 -120 Free Cash Flow 188 224 » Solid earnings performance supports positive operating cash flow » Further reduction of net working capital » Cash flow from investing activities includes the sale of BÖHLER Profil (amounting to ~150 m€)

| | 08/05/2026 18 Investor Relations SOLID BALANCE SHEET STRUCTURE PROVIDES FLEXIBILITY 2.978 3.080 3.221 2.995 3.125 3.775 2.743 2.291 1.661 1.651 1.650 1.264 1.038 58% 54% 53% 46% 47% 67% 49% 32% 22% 22% 22% 16% 13% 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26 Q1 26/27 Net financial debt (m€) Gearing ratio (%) Solid equity base as of 2026/06/30: » Equity: 8.0 bn€ » Equity ratio: 51 % Low debt level as of 2026/06/30: » Gearing ratio: 13 % » Net debt / EBITDA: 0.6

| | 08/05/2026 19 Investor Relations OUTLOOK

| | 20 »Outlook unchanged despite ongoing geopolitical and trade-related uncertainties. Consistent execution of our strategy supports resilience »European steel market conditions expected to improve, supported by CBAM, new EU safeguard measures and a gradually normalizing inventory situation »Positive signal from ETS reform proposal, but further improvements needed »Reorganization measures in High Performance Metals and Automotive Components expected to further strengthen earnings performance »Positive contribution from the flat steel automotive business, while Automotive Components continues to face challenging demand conditions »Subdued market environment in Tubulars and Wire. Middle East tensions delay energy projects »Railway Systems, Aerospace and Warehouse & Rack Solutions remain strong Guidance for BY 2026/27: EBITDA expected in a range between 1.6 bn€ and 1.85 bn€ OUTLOOK 08/05/2026 Investor Relations

www.voestalpine.com voestalpine AG Q & A Analyst & Investor Meeting Q1 BY 2026/27

www.voestalpine.com voestalpine AG INVESTOR RELATIONS Dino Malkic T. +43/50304/15-2558 dino.malkic@voestalpine.com Gerald Resch T. +43/50304/15-3152 gerald.resch@voestalpine.com