2023 auditor.

Deloitte GmbH
Auditing firm
Rosenheimer Platz 4
81669 Munich, Germany

Report of the Supervisory Board of RATIONAL Aktiengesellschaft

on the 2023 financial year.

Dear shareholders,

2023 was a special year for us in many respects. Despite continuing challenges, we are satisfied with the results of the past fiscal year. In particular, 2023 was a year of normalisation for us. The availability of components for our cooking systems improved. As a result, we were able to reduce the continuing high orders on hand to a normal level in the course of the year. Delivery times have also fallen back to their short normal levels and we are able at any time to fulfil orders placed at very short notice. After three fiscal years overshadowed by exceptional situations, we are now back in calmer waters.