Download - Straumann Group Capital Markets Day 2021
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WELCOME TO THE CAPITAL MARKETS DAY 2021
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DisclaimerThis presentation contains forward-looking statements that reflect the current views of management,and which are subject to known and unknown risks, uncertainties and other factors that may causeactual results, performance or achievements of the Straumann Group to differ materially from thoseexpressed or implied in this presentation. Statements are made on the basis of management’s viewsand assumptions regarding future events and business performance at the time the statements aremade. They are subject to risks and uncertainties including, but not confined to, future global economicconditions, pandemics, exchange rates, legal provisions, market conditions, activities by competitorsand other factors outside Straumann’s control. Should one or more of these risks or uncertaintiesmaterialize or should underlying assumptions prove incorrect, actual outcomes may vary materiallyfrom those forecasted or expected. Straumann is providing the information in this presentation as ofthis date and does not undertake any obligation to update any statements contained in it as a result ofnew information, future events or otherwise. This presentation constitutes neither an offer to sell nor asolicitation to buy any securities.
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Agenda
Duration Topic09:00 - 09:40 Introduction, trends and strategy
09:40 – 10:00 Drive high performance culture and organization
10:00 – 10:20 Expand implant market leadership
10:20 – 10:35 Break
10:35 – 10:55 Become a leading ortho franchise
10:55 – 11:15 Win strategic target groups
11:15 – 11:35 Financial roadmap
11:35 – 12:00 Sustainability and closing
12:00 – 13:00 Questions and Answers
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CAPITAL MARKETS DAY 2021Guillaume Daniellot, Chief Executive Officer
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CHF 18 billion addressable market with further big potential
Source: Straumann Group estimate
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Implantology market
Source: Straumann Group estimate
0
1
2
3
4
5
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Premium Implant Value Implant Clear Aligners Biomaterial Custom prosthetics CadCam equipment
Market share
Market sizein CHF bn 2.6 2.6
5.3
0.7
4.8
2.1
>45% <15% <5% <5%>10% <5%
5.3
0.7
2.1
4.8>10% <5%
<5% <5%15%
2billion
Addressable market
32million / y
Implant Market 2021
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Clear Aligner market
Source: Straumann Group estimate
0
1
2
3
4
5
6
Premium Implant Value Implant Clear Aligners Biomaterial Custom prosthetics CadCam equipment
Market share
Market sizein CHF bn 2.6 2.6
5.3
>45% <15% <5%
Potential ortho cases
21million / year
Ortho case starts
500million / year
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CHF 18 billion addressable market with further big potential
Source: Straumann Group estimate
0
1
2
3
4
5
6
Premium Implant Value Implant Clear Aligners Biomaterial Custom prosthetics CadCam equipment
Market share
Market sizein CHF bn 2.6 2.6
5.3
0.7
4.8
2.1
>45% <15% <5% <5%>10% <5%
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CHF 18 billion addressable market with further big potential
Source: Straumann Group estimate
0
1
2
3
4
5
6
Premium Implant Value Implant Clear Aligners Biomaterial Custom prosthetics CadCam equipment
Market share
Market sizein CHF bn 2.6 2.6
5.3
0.7
4.8
2.1
>45% <15% <5% <5%>10% <5%
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EVOLVING OUR JOURNEYGuillaume Daniellot, Chief Executive Officer
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“
”
The best way to predict your future is to create it.
- Abraham Lincoln -
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Dream.Explore.Transform.
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SOCIAL POLITICAL Call for sustainability & social responsibility Generation shift
PRODUCT TECHNOLOGY Product commoditization Digital transformation
CUSTOMER Customer consolidation Rise of the health consumer
Trends
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EVOLVED STRATEGY
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We must execute three strategic shifts simultaneously
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Product-centric
Customer-centricservices & solutions
1
Implant company
Digitally-powered oral care company
digital transformation
2
Single business model / B2B
Multiple business models
B2B, B2C2B
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Keeping focus on what is making us successful today and in the mid-term …
Grow the core
… while investing in what will make us successful tomorrow
Create the new
Straumann Group Strategic Compass for the future
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PURPOSE. VISION. MISSION.
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Purpose: We exist…To unlock the potential of
people’s lives
Vision: We believe in …A world where oral health is a
source of confidence
Mission: Our goal is to be … The most customer focused
and innovative oral care company in the world
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Inspired by our purpose, our success can be measured by the number of smiles we are impacting per year
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5 million smiles by 2024
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10 million smiles by 2030
Source: Straumann Group calculation per smile: 2 implants or 1 clear aligner case start
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Straumann Group Strategic Compass for the future
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Digitalization is transforming our lives as consumers, as professionals, as human beings
21 Straumann Group Strategy SMM- Day 3 - FOR INTERNAL USE - CONFIDENTIAL
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Digital transformation changing the business
22 Straumann Group Strategy SMM- Day 3 - FOR INTERNAL USE - CONFIDENTIAL
Data & technology
Internalprocesses
Customer facingproducts & services
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2323
Patient acquisitionand awareness
Meeting clinician's requirements
Treatment Monitoring and follow-up
Improve speed and accuracy of diagnosis Increase conversion
Smile Design for the patient
Leading CAD/CAM prosthetic solutions
Patient monitoringand follow up
End-to-end solution for restorative dentistry
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ClearCorrect
DenToGo
Orthodontics & Aesthetics
CADCAM
Design & Restoration
Smile in a Box
Planning & Surgery
Promaton
Vitals Check
Diagnosis & Prevention eBills
eReturns
eShop
LMS
Learning & Support
Creating a comprehensive digital customer portal
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Customer Portal
Diagnosis & Prevention
Learning & Support
Planning & Surgery
Design & Restoration
Orthodontics & Aesthetics
eshop
Implant Registry
VR Learning
Support
Complaint handling
Licenses
Scan & Shape
Abutment on Demand
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EVOLVING OUR CULTURE JOURNEYAlastair Robertson, Chief People Officer
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Drive high-performance culture
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Culture is how we do things
around here
Culture at Straumann
27 STG proprietary information
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Since 2014 we have intentionally evolved our culture…
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Excellent financial results, market
outperformance and market share gains!
Personal and professional
impact of starting with “I”
Identification and embedding
of Core Behaviors
Strong Leader-led Culture
journey programs
Collaboration to evolve as
one Group
Empowerment to co-create culture,
growth, drive success and high
performance
Two foundational mindsets :
Player-Learner and I/We/IT
Not only, but also huge change in our culture & mindset !
Investment in our people and culture is our competitive advantage and needs to be built over time
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We have two foundational models
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Player & Learner“I always have a choice in how I respond”
Clear vision, strategy, effective structures & processes
Collaboration,trust, effective communication, engagement
Growth mindset, ownership, creating opportunities & solutions, curiosity
HIGHPERFORMANCE
CULTURE
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We continue to evolve our Culture
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CULTUREMISSION & STRATEGY
To bring out the best in each other Build on our heritage to navigate
trends and disruption
Maintain competitive advantage
To make Straumann an even better "Best place to work"
PURPOSEto unlock the potential of people’s lives
VISIONA world where oral health is a source of confidence
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Beliefs drive Behavior, Behavior drives Culture and Culture drives Results
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We strive for true impact through progress, not perfection, as speed matters in our business.
We are bold and big in our thinking.Our entrepreneurial mindsets give us
the courage to seize opportunities.
We are accountable, keep our promises anddeliver on expectations.
We are hungry to grow anddevelop with the humility and curiosity to learn from each other.
We empower and inspire everyone around us to achieve collective
success.
We create environmentswhere everyone has a voiceand a contribution to make.
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What levers do we pull?
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Leaders walk and talk Leaders are developed based
on Leadership expectations
REDEFINED PROCESSESBRINGING THE BELIEFS TO LIFE
Talent attraction and selection Global Culture Onboarding Recognition Measurement of engagement
LEADERS AS ROLE MODELS
Translate core beliefs to action by understanding what they mean every day
Continuation of culture programs
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Engagement 2021 at a glance
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Response rate, 7% over the global benchmark
Engagement score; in the global top 25th percentile benchmark
7300 comments
Managerial effectiveness
80
78
87%
!
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EXPAND IMPLANT MARKET LEADERSHIPHolger Haderer, Head of Implantology Business Unit
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Expand implant market leadership
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Implantology – attractive market with strong potential
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>30billion
Missing teeth
32million / y
Implant Market 2021
Global population
7.8billion
10%of population
Affordability
€ 2 billion
Addressable market
Missing teeth can be replaced with implants
>20billion
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37 Implant dentistry market segment comprises regular implant fixtures (excl. mini, zirconia and zygomatica implants), abutments and related instruments Information based on DIMDC and Market Model 2018 and Straumann estimates 2019. All Straumann Group brands considered.
Value
Premium
Implant Dentistry Market volume(Implant fixtures)
Parallel walled
Apically tapered
Fully tapered
CHF ~ 5.2 billion
Current Straumann Group market share
32 million units
Tapered and non-premium segments represent large potential for future share gains
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Premium to gain market share with innovation and value by expanding geographies
38 Source: STMN Group market model & data 2020
Straumann share Market opportunity
Parallel walled
Apically tapered
Fully tapered
Premium implant market – 8 million implants Value implant market – 24 million implants
Expansion with innovation Geographical expansion
EMEA NAM
LATAM APAC
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Innovate Drive market access
Strategic imperatives to succeed in implantology
Expand geographically
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Market access expansionGain market share
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Innovation to drive premium implantology - immediacy
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Straumann® BLXConfidence beyond Immediacy
Straumann® BLTThe new tapered standard
Straumann® TLXIconic Tissue Level meets Immediacy
Straumann® ZygomaticDesigned by experts with the patient in mind
2015
2019
2021
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Challenger brands gaining share in value segment withgeographical expansion
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NeodentceramicZirconia Implant Solution
Axiom® X3
Multi-brand strategy
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Patient acquisitionand awareness
Meeting clinician's requirements
Treatment monitoring and follow-up
Improve speed and accuracy of diagnosis Increase conversion
Smile Design for the patient
Leading CAD/CAM prosthetic solutions
Patient monitoringand follow up
End-to-end solution for restorative dentistry
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Factors to influence patient flow towards implant therapies – implantology approach
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Multi-brand strategy, digitalization in implant
workflow, efficiency and cost effectiveness gains, different
payment models
Education, geographies, innovation
Campaigns to drive awareness of implant
treatment via dentists to patients
Affordability Access to Treatment Awareness
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Less complex implant treatment solutions and education drive market access
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ILAPEO – A partnership for clinical excellence
• flexible digital treatment planning and manufacturing service to gain efficiency and practice growth
• select the services, Straumann delivers everything needed for the treatment in one box.
Smile in a Box
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BECOME A LEADING ORTHO FRANCHISECamila Finzi, Head of Orthodontics Business Unit
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Become a leading ortho franchise
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Clear Aligner addressable market
Source: Straumann Group estimate
0
1
2
3
4
5
6
Clear Aligners Biomaterial Custom prosthetics CadCam equipment
Market share
Market sizein CHF bn
5.3
0.7<15%<5% >10%
<5%
0.7<5% <5%
15%
<5%
<5%
Potential ortho cases
21million / year
Ortho case starts
500million / year
<5%
<5%
4million / year
Clear Aligner cases
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Clear Aligner addressable market
Source: Straumann Group estimate
0
1
2
3
4
5
6
Clear Aligners Biomaterial Custom prosthetics CadCam equipment
Market share
Market sizein CHF bn
5.3
<15%<5%
Ortho-dontists
GP
DTCNAM, LATAM
EMEA
APAC
Target GroupsGeographies
Teens
Adults
Patient Groups
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Straumann Clear Correct best positioned for the future
• Acquisition of ClearCorrect 2017• Family-owned, majority US-focused• Present in 12 other markets
• Significant investment in digital technology• Mastering the value chain • Geographical expansion in sales and
manufacturing
2017 2021
From a family-owned US business to a global brand
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Sharpen value proposition
Increaseusage for clinicians
Drive complementary
businessmodels
Strategic imperatives to grow Clear Aligner business
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Expand geographical
presence
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Sharpen value proposition and increase usage for clinicians
Empowering Clinicians
ClearQuartz™ ClearPilot™
Innovation
Ease of use
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525252
Patient acquisitionand awareness
Meeting clinician's requirements
Treatment monitoring and follow-up
Maintain interest and plan Increase conversion
Our end-to-end solution for GP’s and orthodontists
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Expanding geographical sales and manufacturing presence
available in 46countries today
8 launches scheduled for 2022
3 manufacturing sites globally
Education
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Drive complementary business models
DrSmile is developing in 10 countries in Europe Smilink - entering segment in Brazil
Spain
Italy
France
United Kingdom
Sweden
Austria
Switzerland
Poland
Netherlands
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WIN STRATEGIC TARGET GROUPSRahma Samow, Global Head Dental Service Organization
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Pilot and scale
Straumann Group Strategic Compass for the future
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Consolidation DSOs gaining importance all over the world
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% of implants placed by DSOs in major markets Global DSO presence
2015
~7%
2021
~15%
2025
~30%
Source: Straumann Group estimate
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DSO Challenges
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Fragmented General
Practitioner Expertise
The importance of patient/consumer
experience accelerating
Qualified dental staff are in short
supply
Driving efficiency, profitability and standardization
Impact ofDigitalization & Transformation
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Support end-to-endClinical
Excellence
Drive practice network
efficiency and performance
Improve health consumer ex-
perience
Strategic imperatives to succeed with DSOs
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Deliver across all geographies
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Broad offering of solutions and services globally
60 For internal use only
IMPLANT SOLUTIONSORTHODONTICS DIGITAL
PREMIUM CHALLENGER ECO CHALLENGER
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6161
Patient acquisitionand awareness
Meeting clinician's requirements
Monitoring and follow-up
Improve speed and accuracy of diagnosis Increase conversion
Smile Design for the patient
Leading CAD/CAM prosthetic solutions
Patient monitoringand follow up
End-to-end solution for dentistry along the patient journey
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E-Learning syllabus
Hands on workshops
Digital Mentoring
Clinical Support
Patient engagement
Advancing skills and connecting people Offering a customized DSO online campus and learning pathways
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6363
Patient acquisitionand awareness
Meeting clinician's requirements
Maintain high quality clinical
outcome
Improve speedand accuracy of
diagnosis
Increase conversion
Smile Design for the patient
Leading CAD/CAM prosthetic solutions
Patient monitoringand follow up
Increase efficiency and throughput through digitally enabled workflows
Efficiency/ Performance
evaluation
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6464
Comprehensive warranty on implant restoration empowered by industry leading manufacturers.
Fully validated workflow using the latest technology promotes shorter treatment time and reduced risk
- Cost excellence - Fully auditable workflow - Promotes continuing
professional education- Full track and traceability- Production optimisation- Guarantee of fulfilment - Restorative warranty
Use digital best practice to improve patient experience
Full transparency of procedures with in-depth education on your treatment
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Winning with DSOs around the world –Well positioned as a holistic and strategic partner
65
Taikang Bybo Dental
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FINANCIAL ROADMAPPeter Hackel, Chief Financial Officer
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AddressableMarket (bn CHF)
Straumann Group – our company evolved over the yearsExpansion of addressable market: Key driver for growth and margin increase
67
Implant provider 2012
2016Total solution provider tooth replacement
2020Total solution provider esthetic dentistry
2022ffMost customer focused and innovative oral care company in the world
Digital
Biomaterials
Implant
Ortho
2013 2014 2015 2018 202020192016 2017 2021
~7 ~14~4 ~18
Mile
ston
es Straumann BLT
Straumann BLX
Straumann TLX
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Product mix
From implantology to oral care provider with large footprint in high growth markets
68
2013 2021
PremiumValueDigitalOrtho
Revenue split
EMEANAMAPACLATAM
Regional mix
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536
842
Gross margin remained at high level
69
20131 20171
1’476
20212
75.8% 75.3%78.8%
1 Underlying gross profit and margin; 2017 core figures2 Consensus estimates from Vara Research, October 2021; core figures
% margin, CHF million
Gross profit and marginSince 2013…
• number of stock keeping units (SKU)increased from 4’900 to more than 23’000
• the number of production sites increased from 6 to 17 today, accompanied by increase of manufacturing technologies
• continuous improvement, insourcing of processes and economies of scale are key success factors to maintain high gross margin
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Increase in profitability despite significant growth investment
70 1 Underlying EBIT and margin2 Consensus estimates from Vara Research, October 2021
116
283
20131 20171
530
20212
EBIT and margin
25.5% 27.1%17.4%
% margin, CHF millionSince 2013…
employee base increased from 2’000 to over 8’000 in December 2021
number of sales subsidiaries increased from 26 to >70
operational excellence and efficiency increases as well as economies of scale were key drivers of operating margin increase
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Significant investments into the expansion of our manufacturing footprint, starting with 6 locations in 2013...
71
Basel (CH)Global headquarters
Malmö (SE)Biomaterials
Andover (USA)Implants and prosthetics
Mendaro (ES)CAD/CAM milling
Arlington (USA)CAD/CAM milling
Villeret (CH)Implants and prosthetics
Narita/Chiba (JP)CAD/CAM milling
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...to 17 locations as of today...
Basel (CH)Global headquarters
Malmö (SE)Biomaterials
Round Rock (USA)Clear aligners
Calw (DE)Implants and prosthetics
Fremont (USA)Thermoplastics
Montreal (CA)Digital equipment
Andover (USA)Implants and prosthetics
Curitiba (BR)Implants and prosthetics, CAD/CAM milling, clear aligners
Pelotas (BR)Resins
Mersch (LU)CAD/CAM milling
Sallanches (FR)Implants and prosthetics
Mendaro (ES)CAD/CAM milling
Arlington (USA)CAD/CAM milling
Villeret (CH)Implants and prosthetics
Markkleeberg (DE)CAD/CAM milling, clear aligners
Rheinfelden (CH)CAD/CAM milling, prosthetics
Narita/Chiba (JP)CAD/CAM milling
New Taipei City (TW)Implants and prosthetics
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… and 20 locations by 2022
Basel (CH)Global headquarters
Malmö (SE)Biomaterials
Round Rock (USA)Clear aligners
Calw (DE)Implants and prosthetics
Fremont (USA)Thermoplastics
Montreal (CA)Digital equipment
Andover (USA)Implants and prosthetics
Curitiba (BR)Implants and prosthetics, CAD/CAM milling, clear aligners
Pelotas (BR)Resins
Mersch (LU)CAD/CAM milling
Sallanches (FR)Implants and prosthetics
Mendaro (ES)CAD/CAM milling
Arlington (USA)CAD/CAM milling
Villeret (CH)Implants and prosthetics
Markkleeberg (DE)CAD/CAM milling, clear aligners
Rheinfelden (CH)CAD/CAM milling, prosthetics
New Taipei City (TW)Implants and prosthetics
Mansfield (USA)CAD/CAM milling
Beijing (CN)Clear aligners
Narita/Chiba (JP)CAD/CAM milling
Shanghai (CN)China campus
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A strong balance sheet for future investments
74 * Consensus estimates from REFINITIV EIKON, October 2021
Operating Cash Flow
CHF million
*
Equity RatioNet debt Position
CHF million
HY2021Cash and cash
equivalents
Total senior debt
HY2021Net debt position
thereof • CHF 280 million bond
maturing in Oct 2023 • CHF 200 million bond
maturing in Oct 2025
Margin 22%
Margin 20%
Margin 20%
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Strategy to achieve CHF 5 billion by 2030
75
Total addressable marketCHF 18 billion
ImplantsCHF 5.2 billion32 million implants
OrthoCHF 5.3 billion21 million cases per year
Custom prostheticsCHF 4.8 billion
Total addressable marketCHF 18 billion
BiomaterialsCHF 0.7 billion
CAD/CAM equipmentCHF 2.1 billion
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Key drivers to generate CHF 5 billion by 2030
76
Innovate Expand geographically Drive market access
Sharpen value proposition Increase usage for
clinicians Expand geographical
presence Drive complementary
business models
New business models
Support end-to-end clinical excellence Drive practice network efficiency and
performance Improve health consumer experience Deliver across all geographies
High performance culture Business Excellence at Straumann Sustainability
Investments into transform Services for an excellent
customer experience Digitalization of internal
processes
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Illustrative revenue split in 2030
77
2021 2030
DigitalOrtho
PremiumValue
Product mix
Regional mixEMEANAMAPACLATAM
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Growth ambitionBarring unforeseen circumstances
78 * At constant FX rates
Sales
Operating Profitability
Dividend policy
CHF 5 billion by 2030 with an organic CAGR of at least 10%
Core EBIT margin range 25-30%* depending on growth investments
Continuous increase of gross dividend
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SUSTAINABILITYPeter Hackel, Chief Financial Officer
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Sustainability – part of the Strategic Compass
80
As part of the family heritage, sustainability has always been embedded in the company's DNA Sustainability Task-Force in 2021 Materiality Assessment conducted
to determine baseline Framework and Targets further
defined for roll-out in 2022 Sustainability represents an
opportunity for our company
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Materiality Assessment: Quantitative insights
81
Approx. 80 internal and external stakeholder interviewed
Rating on importance to stakeholders and impact on business
Results and integration into Sustainability strategy Alignment between internal and external
priorities (white diagonal area in graph) Topics grouped in four sustainability focus
areas (commitments):
Business ethics
Data privacy
Traceability and labellingIntellectual
property
Economic performance
Provision of approved products
and services
Increase access to oral health
Innovation
Patient health and safety
Customer satisfaction
Occupational health, safety and
wellbeing
Colleague engagementInclusion
Talent and development
Customer education
Community engagement
Circular economy
Materials use
Energy use
GHG emissions
Waste management and materials recycling
Water use
Responsible supply chain management
3.00
3.20
3.40
3.60
3.80
4.00
4.20
4.40
4.60
4.80
5.00
3.00 3.20 3.40 3.60 3.80 4.00 4.20 4.40 4.60 4.80 5.00
Impo
rtan
ce to
sta
keho
lder
s (e
xter
nal s
core
s)
Impact on the business (internal scores)
Straumann Group Materiality Assessment / 26th July 2021
criti
cally
impo
rtant
mod
erat
e
major impactmoderate impact
Advancing Oral Care Acting with responsibility Empowering people
Caring for the planet and society
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OUR STRATEGIC SUSTAINABILITY FRAMEWORK
82
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Sustainability at Straumann Group – 4 commitments
ADVANCING ORAL CARE
EMPOWERING PEOPLE
CARING FOR THE PLANET
AND SOCIETY
ACTING WITH
RESPONSIBILITY
OUR PURPOSE:To unlock the potential
of people’s lives
83
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10 million smiles by 2030
Advancing oral care - targets
We aim to be at the forefront of innovative solutions in oral care with patient’s health and safety in mind. Together with our strategic partners, we improve access to oral care for people all over the world.We believe in fostering customer learning and education for the benefit of patients.
UN SDGs:
Maintain 35% of educational activities in low- and middle-income
countries*
84 *The World Bank - https://datahelpdesk.worldbank.org/knowledgebase/articles/906519-world-bank-country-and-lending-groups
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50% women in leadership
positions by 2026(today 39.5%)
Empowering people - targets
We believe having an inclusive, diverse and empowering culture is at the heart of a successful company.Our employee’s wellbeing, their continuous learning and growth as well as ensuring the highest standards of occupational health and safety are instrumental for making us a place where people want to work.
80% of our people tell us that they have good
opportunities to learn and grow at Straumann
Group by 2026(today 74%)
85
UN SDGs:
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100% renewable electricity by 2024
(today 69%)
Caring for the planet and society - targets
We are safeguarding the environment, by minimizing our emissions, managing our waste, and reducing our use of materials, energy and water. We are responsibly managing our supply chain relationships and contributing to our local communities’ development.
Net Zero emission including science-based
target (SBTi)(TBD in 2022)
86
UN SDGs:
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Keep high standards of responsible business
operations
Acting with responsibility - targets
As a global business we are leading by example, through our ethical approach and sound governance. We are carefully managing our risks and ensuring that every aspect of our business complies with relevant standards and regulations. We are shaping a company with the highest standards of integrity.
Zero tolerance policy
87
UN SDGs:
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EMPOWERING PEOPLE
ADVANCING ORAL CARE CARING FOR
THE PLANET AND SOCIETY
ACTING WITH
RESPONSIBILITY
88
ADVANCING ORAL CARE
ACTING WITH RESPONSIBILITY
EMPOWERING PEOPLE
CARING FOR THE PLANET
AND SOCIETY
50% women in leadership positions by 2026
80% of our people tell us that they have good
opportunities to learn and grow at Straumann Group by 2026
UN SDGs:
10 million smiles by 2030Maintain 35% of educational
activities in low- and middle-income countries
UN SDGs:
Zero tolerancepolicy
UN SDGs:
100% renewableelectricity by 2024
Net Zero emissionscience-based target (SBTi)
UN SDGs:
OUR PURPOSE:To unlock the potential of
people’s lives
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BRINGING IT ALL TOGETHERGuillaume Daniellot, Chief Executive Officer
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Growth Architecture
90
PURPOSETo unlock the potential of people’s life
VISION: A world where oral health is a source of confidence
CULTUREMISSION & STRATEGY
To be themost customerfocused &innovative oralcare companyin the world
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2
1
3
5
4
Key numbers to remember
CHF 18 billion addressable market
3 global brands
10 million smiles by 2030
91
At least 10% average organic growth annually
80% engagement score
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Thank you
92