Rheinmetall : Annual Report 2022 Conference call

CONFERENCE CALL FY 2022

Transformation for growth

Armin Papperger, CEO

Dagmar Steinert, CFO

March 16, 2023

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FY 2022 Conference call

Disclaimer

This presentation contains "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995 with respect to Rheinmetall's financial condition, results of operations and businesses and certain of Rheinmetall's plans and objectives. These forward-looking statements reflect the current views of Rheinmetall's management with respect to future events.

In particular, such forward-looking statements include the financial guidance contained in the outlook.

Forward-looking statements are sometimes, but not always, identified by their use of a date in the future or such words as "will", "anticipates", "aims", "could", "may", "should", "expects", "believes", "intends", "plans" or "targets". By their nature, forward-looking statements are inherently predictive, speculative and involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. In particular, such factors may have a material adverse effect on the costs and revenue development of Rheinmetall. Further, the economic downturn in Rheinmetall's markets, and changes in interest and currency exchange rates, may also have an impact on Rheinmetall's business development and the availability of financing on favorable conditions. The factors that could affect Rheinmetall's future financial results are discussed more fully in Rheinmetall's most recent annual and quarterly reports which can be found on its website at www.rheinmetall.com.

All written or oral forward-looking statements attributable to Rheinmetall or any group company of Rheinmetall or any persons acting on their behalf contained in or made in connection with this presentation are expressly qualified in their entirety by factors of the kind referred to above. No assurances can be given that the forward-looking statements in this presentation will be realized. Except as otherwise stated herein and as may be required to comply with applicable law and regulations, Rheinmetall does not intend to update these forward-looking statements and does not undertake any obligation to do so.

This presentation does not constitute an offering of securities or otherwise constitute an invitation or inducement to any person to underwrite, subscribe for or otherwise acquire or dispose of securities in Rheinmetall AG or any of its direct or indirect subsidiaries.

Rheinmetall AG and its affiliates are neither associated with nor provide any support to American Depository Receipts programs (ADR) or comparable offerings or investment schemes related to shares in Rheinmetall AG in the United States of America or any other jurisdiction. Therefore, neither Rheinmetall AG nor any of its affiliates has and or will accept any responsibility or liability whatsoever in relation to such ADR programs or comparable investment schemes.

Please note that all figures in this presentation have been rounded on a standalone basis. This can result in minor differences when adding figures together or calculating % shares.

© Rheinmetall AG I March 16, 2023

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FY 2022 Conference call

Taking responsibility

in a changing world

"Peace cannot be taken for granted, it needs dialogue, but where necessary also deterrence and determination"

President of the Federal Republic of Germany F.W. Steinmeier

We develop technologies for the protection of people and a

sustainable development

Force protection is our mission, we enable governments

© Rheinmetall AG I March 16, 2023

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FY 2022 Conference call

Taking responsibility in a changing world

Rheinmetall has been a partner to support the Ukraine

INDIRECT SUPPORT

DIRECT

SUPPORT

Ring Swap CZE: 14 Leo 2A4; 1 BPz		Ring Swap GRC | 40 SPz Marder		Ring Swap SVK | 14 Leo 2A4; 1 BPz		Ring Swap SVK | 40 x WLS
Büffel			Büffel		5 Tanker Superstructures

Trucks		Ammunition		Air Defence Systems		Medical equipment

NEXT LEVEL

Lynx		Panther

© Rheinmetall AG I March 16, 2023

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FY 2022 Conference call

Taking responsibility in a changing world

Rheinmetall delivers and is ready to do more

Leopard 1

• Access to ~ 100 Leopard 1
• 80-90vehicles offered to Ukraine
• Potential for 20+ vehicles in 2023
• Contract signing expected soon

Leopard 2

• Access to ~ 50 Leopard 2
• 29 in overhaul for Ring Swaps with SVK and CZE
• First deliveries already in Q4 2022, complete delivery by end of 2023
• Further vehicles beyond ring swaps available for delivery by the end of 2023 beginning of 2024

Ammunition not included

Marder

• 140-150Marder on Stock
• 60 vehicles under contract:
  40 Marder in Ring Swaps with Greece (20 delivered)
• 20 Marder direct delivery to Ukraine until end of March 2023
• Potential monthly delivery of
  10 vehicles from Q3 2023 onwards

© Rheinmetall AG I March 16, 2023

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