GrafTech International (EAF) Investor presentation summary

Industry leadership and market positioning

• Holds a leading position in graphite electrode production, with substantial vertical integration into petroleum needle coke, a key raw material.

• Operates some of the highest capacity graphite electrode manufacturing facilities globally, with a diversified customer base and a global footprint.

• Offers proprietary technology and technical services, including the ArchiTech® Furnace Productivity System, enhancing customer value and operational efficiency.

• Closure of the Monterrey facility will reduce capacity by ~51,000 MT, aligning production with market demand and improving cost efficiency.

Market trends and growth drivers

• EAF steelmaking, which uses graphite electrodes, is gaining market share due to its environmental benefits and lower CO2 emissions compared to traditional steelmaking.

• Global EAF capacity additions are expected to drive incremental demand for graphite electrodes, with projected UHP electrode demand growing at a 3% CAGR through 2030.

• Needle coke demand is set to accelerate, driven by both EAF steelmaking and the growing battery market for EVs and energy storage systems.

Competitive advantages and strategic initiatives

• Substantial vertical integration into petroleum needle coke provides a secure, cost-advantaged supply of raw materials.

• Unique manufacturing footprint and R&D capabilities position the company to serve both EAF and battery markets.

• Strategic initiatives include price increases, advocating for fair trade, improving manufacturing efficiency, and positioning for emerging opportunities.