Präsentation zum Ergebnis der ersten 9 Monate 2021

CONFERENCE CALL OHB SE

Q3/NINE-MONTH RESULTS 2021 | NOVEMBER 10, 2021

MARCO FUCHS, CEO

KURT MELCHING, CFO

DR. LUTZ BERTLING, CSDO/CDO

Q3/NINE-MONTH RESULTS 2021 CONFERENCE CALL // 11/10/2021	1

STRATEGY: OHB 2025 REVISED

EVALUATION AND ADJUSTMENTS MADE IN SEPTEMBER 2021

Scope

• End-to-endspace system provider
• Develop downstream portfolio
• Extend satellites and systems portfolio
• Extend rocket customer base, full launcher

Performance

• Improve product quality and project

management

• Deliver best value for money systems

Culture & People

• Foster OHB culture: Get things done

together, entrepreneurship

• Top attractive employer
• Environmentally and socially responsible

Q3/NINE-MONTH RESULTS 2021 CONFERENCE CALL // 11/10/2021

Growth

• Organic and inorganic growth
• M&A focus on downstream
• Extend footprint in commercial market

Financial

• Total revenues >1500 M€
• EBIT >= 8%
• FCF >= net profit

Alignment

• Use synergies

• Streamline product portfolio

• Group functions & competence centers

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SEGMENT HIGHLIGHTS

SPACE SYSTEMS

OHB System secured future contract with SpaceLink Corp. for the development and production of four relay satellites

• Project
• • High-bandwidthconstellation located in MEO to stimulate demand for high-speed bandwidth  # of satellite launches expected to increase by 4,7x in 2020s 1
  • Will provide continuous and fast connectivity to commercial and government missions in LEO  enhancing their value
• Current status
• • "Authorization to proceed" (ATP) signed in October
  • Contract to be finalized in the coming weeks
• Financials
• • Future contract volume expected to exceed USD 300 million
  • OHB deeply convicted by the projects potential:
    USD 25 million to be invested into SpaceLink Corp. to benefit from the constellations operation

1 Euroconsult 2020

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SEGMENT HIGHLIGHTS

SPACE SYSTEMS

Recent progress and successes

• H2Sat: Successful integration of platform and payload module in August
• • Launch expected for 2023
  • 15 years of geostationary operation planned
• OHB Sweden wins ESA contract for the demonstration and validation of a hyperspectral camera
• • Fourth mission for InnoSat-platform
  • Mission launch planned for 2024
• Lunar Surface Access Service (LSAS)
• • > 100 interested parties to date, more expected after successful first mission
  • Chance to build heritage for future exploration missions

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SEGMENT HIGHLIGHTS

AEROSPACE

ESA Ministerial Council updates framework for European space transport

• Ariane 6 program:
• • Stressed the importance of independent European access to space
  • Confirmed support for Ariane 6 consortium during the exploitation phase
  • • Significantly increased dependability and predictability for OHB subsidiary MT Aerospace (MTA)
  • Transition phase unfortunately remained unaddressed
  • • MTA will optimize capacity and adjust headcount according to lower than expected Ariane 6 production rates
• Microlaunchers:
  Initial ESA-initiative to launch small payloads (<200 kg) to orbit
   Opens up the institutional market for OHB investment Rocket Factory Augsburg (RFA)

RFA successfully tested the first stage structure of its RFA ONE rocket to failure

• Structural tests try simulate the conditions and stress encountered during spaceflight
   Carried out "to failure" to determine maximum sustainable load
• Next milestone after validating full functionality of the entire engine

Q3/NINE-MONTH RESULTS 2021 CONFERENCE CALL // 11/10/2021

OHB views the framework update as clearly positive for the group

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