ACQUISITION OF DISTRELEC*

Accelerating European growth and value creation

27 April 2023

* Subject to customary closing conditions, including German, Austrian and Italian regulatory clearances

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Disclaimer

This presentation contains certain statements, statistics and projections that are or may be forward-looking. The accuracy and completeness of all such statements, including, without limitation, statements regarding the future financial position, strategy, projected costs, plans and objectives for the management of future operations of RS Group plc and its subsidiaries is not warranted or guaranteed. These statements typically contain words such as "intends", "expects", "anticipates", "estimates" and words of similar import. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. Although RS Group plc believes that the expectations reflected in such statements are reasonable, no assurance can be given that such expectations will prove to be correct.

There are a number of factors, which may be beyond the control of RS Group plc, which could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements. Other than as required by applicable law or the applicable rules of any exchange on which our securities may be listed, RS Group plc has no intention or obligation to update forward-looking statements contained herein.

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Distrelec meets all our criteria…

…and is in our strategic sweet spot

* Subject to customary closing conditions, including German, Austrian and Italian regulatory clearances

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High-service,

digital-led

Distrelec is an exciting opportunity…

distributor of

industrial and MRO1 products in Europe2

€270m

Revenue3

€34m

Significantly expands our European2 presence

Strong

combination

potential

Material cost synergies and revenue growth opportunity

EBIT3

  1. Maintenance, repair and operations
  2. Excluding UK
  3. Year ended 31 December 2022

…to accelerate value creation

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Increased presence…

Large and attractive markets

  • Europe is a large and attractive market for industrial MRO
  • GDP+ growth
  • Importance of local presence

Distrelec accelerates our regional growth strategy

  • Strengthens competitive position in key European markets
  • Increases DACH1 and Scandinavian revenue by 40% and 80% respectively
    • Significant increase in Germany
    • Critical mass in Switzerland and Sweden
  • Adds scale in Italy, Benelux and Eastern Europe

…in key European markets

Distrelec's active markets

Distribution centres

Corporate headquarters

Shared business service centre

1. Germany, Austria and Switzerland

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RS Group plc published this content on 27 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2023 06:57:05 UTC.