Leonardo S.p.A.

Investor Presentation • Jul 30, 2024

2Q/1H 2024 Results Presentation

Rome, 30 July 2024

• Q&A
• Appendix

• Executing the Industrial Plan Roberto Cingolani, Chief Executive Officer and General Manager

• 2Q/1H 2024 Results Alessandra Genco, Chief Financial Officer

Solid first half results

with continued progress across all Group KPIs*

	1H23	1H23 pro forma*	1H24	Change**
New Orders, €bn	8.7	8.9	10.3	15.6%
Revenue, €bn	6.9	7.2	8.0	10.9%
EBITA, €M	430	444	503	13.3%
ROS, %	6.2%	6.2%	6.3%	+0.1 p.p.
FOCF, €M	-517	-548	-502	8.4%
Net debt, €bn	3.6	3.6	3.0 *	-18.2%

FY2024 Guidance confirmed

*pro-forma figures include Telespazio fully consolidated ** vs 1H23 pro-forma

3

Fully focussed on Industrial Plan: Executing on the "arsenal" of initiatives

4

Digitalisation empowering business: main results

DIGITAL TWIN & BIG DATA FOR HELICOPTER AND AIRCRAFT SMART FACTORY

DEVELOPING STRATEGY TO LEVERAGE DIGITAL TWIN, AI ACROSS SOLUTIONS

• Digital twin for AW139 MK-II of heterogeneous physical assets
• "BarnOwl" Main rotor broadband noise prediction
• "Digital Connected Fleet" Innovative Leonardo aircraft digital services
• Nemesi fully digital fuselage production plan

© 2024 Leonardo - Società per azioni

LEONARDO MULTI DOMAIN INITIATIVE

MAKE OUR CUSTOMERS READY TO SUCCESSFULLY FACE THE MULTIDIMENSIONAL CHALLENGES OF THE DIGITALIZED WARFARE IN MULTI DOMAIN SCENARIOS

• Launch LDO Multi Domain working group to be bridged with Italian MoD
• Set up of Leonardo Multi Domain Innovation Hub (Rome Tiburtina)

Portfolio streamlining

• Underwater Armament Systems – rationalising portfolio, achieving more effective defence and global competitiveness with Fincantieri

• Exiting non-core activities

• Agreement signed in May to sell Underwater business (formerly WASS) to Fincantieri
• Valuation up to a maximum of €415M, with a €115M component linked to 2024 performance
• Closing expected in early 2025

Industria Italiana Autobus

• Agreement signed in June for sale of stake in IIA (closing on the 11th of July)
• Leonardo finally exited a loss-making non-core business, with average losses of ca. € 30 mln per year

Skydweller

• Investments in the program have been stopped, with expected savings of ca €15 mln per year

Accelerating efficiency boost: exceeding 2024 targeted savings compensating for shortfall in Aerostructures and Space Telco Manufacturing

• 2023/2024 reduction of 200 executives (90 at HQ)
• HQ site concentration delivering savings

Signed MoU with Rheinmetall for a strategic JV in land domain paving the way for EU defence

• Leonardo + Rheinmetall 50:50 JV as lead system Integrator and primecontractor for development and production of next-generation land vehicles according to the requirements of the Italian Army
  • New tank based on Panther KF51 platform (MBT)
  • New infantry fighting vehicle based on Lynx platform
• JV creation expected by end of September 2024
• ca €20bn value of the Italian market
• 60% Italian workshare
  • Advanced C4I electronics suite, optronic sensors, main gun and weapon systems integration
  • Final assembly, homologation testing, delivering activities and logistics support
• Increased competitiveness in land domain through disruptive new programmes
• First tangible step and catalyst for European cooperation, expanding international reach and opening new global export opportunities
• Unique Opportunity to develop next-generation of combat land vehicles and competitive solution for the European Main Battle Tank program (MGCS) Lynx KF41

Workshare analysis in progress

Panther KF51 Main Battle Tank

MoU with Airbus to support NH90 for the next decades

Support NH90 over the the next decades

NH90 Helicopter

Working together to

• Strengthen in-service support
• Manage obsolescence
• Upgrade core system and mission system to ensure the platform continues to deliver its value
• First tactical and tangible results achieved through the recent joint contract with NAHEMA on the Software Release 3 upgrade

Strenghtening international alliances

GCAP - new-generation system of systems for multidomain operations

• New concept model of next generation combat aircraft unveiled at Farnborough 2024
  • strong commitment and progress to test and evolve the design, moving closer towards the next phase of the programme
    • wingspan larger than previous concepts to improve aerodynamics
    • innovative digital tools/ techniques (i.e computer based modelling and virtual reality) to evolve aircraft's design during concepting phase

MOU signed with Bell to jointly promote Tiltrotor technology

AW609

• Proven solution to respond to future European/NATO requirements
• Consortium led by Leonardo awarded by NATO/NSPA a conceptual study to define solutions to a NATO Fast Rotorcraft in July 2024

Key bolt on acquisitions below 15% of Divisional Revenues

Scouting opportunities to strengthen Cyber, final negotiations underway

UAVs

Controlling stake in GEM, strengthening full suite of radar offering

• Continue to scout for opportunities in Cyber at European level

• Final negotiations underway for acquisition of Italian company that will strengthen LDO solutions for resilience of IT and OT infrastructure, focused on defence domains
• Advanced due diligence for acquisition of established developer of light tactical UAVs
• Acquired control of GEM Elettronica for ca €20mln, increasing Leonardo stake from 30% to 65%; closing expected in Q3, subject to Golden Power
• With revenues >€30M, GEM focuses on development and production of low-end radars, used in military naval domain and coastal surveillance, with a portfolio complementary to Leonardo's offering

Disciplined capital allocation strategy supporting growth and deleveraging plan

The new Space Division – pave the way to the future

New Space Division

Core Activities

Organization and Governance

• Telespazio Fully Consolidated
• New LoB for Space Electronics fully integrated
• Full leveraging on Thales Alenia Space activities in earth observation and exploration
• E-Geos for Geo Information and ISR
• Satellite services (Earth Observation, ground services, global monitoring, cloud in space, …)
• Exploration
• Vertical end to end space solutions
• Governmental/Military multi domain (SSA/SST, Cloud in space, …)
• Division Director appointed
• Telespazio CEO appointed
• E-Geos CEO appointed
• TASI CEO appointed
• Sharing plan with Thales within Space Alliance
• Discussion ongoing with peers at EU level

New strategic framework available by end of September 2024, business plan available by end of 2024

12

Guidelines of Aerostructures Industrial Plan

Focus on Grottaglie plant

Immediate actions to address B787 short term production profile

Accelerating initiatives to diversify Grottaglie into multi-mission, multidivisional facility

Strengthening cooperation with Airbus

• The facility is designed for the production of B787 fuselage sections
• One of the most innovative industrial sites in Italy
  • Total area of 364,720 m2 (110,200 m2 covered)
  • employees ~1,300, of whom about 50% 30-40 years old
• Short term initiatives aimed at reducing activity to single work shift and partial temporary furlough to face slowdown in the Boeing 787 production and delivery growth rate
  • Back to rate 10 by 2025 (likely to increase because of large backlog of orders)
• Ongoing negotiations with Boeing
• Targeting higher portion of defense activities and proprietary products
  • Eurodrone wings
  • Final assembly of AW609 in Italy and AW101 components
  • Prototypes for Advanced Air Mobility
  • Fuselage of Proteus Helicopter
  • Aerotech Campus Academy launched in fall 2024
  • Engaged in discussions with Airbus to expand collaboration across product lines: agreement on rear parts to be signed to the end of the year

Selected enabling factors underpinning the strategic plan

Strong position across ESG ratings and confirmed as a leading company in the fight against corruption

• o Anti-Corruption System Certification pursuant to the international standard ISO
• 37001:2016 renewed in July 2024
• o Certification achieved for the first time in 2018
• o The system is subject to surveillance activities by the external certifying body on an annual basis

			to prime trashold in AD&S

recently upgraded to prime trashold Just 5 companies

As of July 2024

• Q&A
• Appendix

• Executing the Industrial Plan Roberto Cingolani, Chief Executive Officer and General Manager

• 2Q/1H 2024 Results Alessandra Genco, Chief Financial Officer

Key messages

EMARKE SDIR
CERTIFIED

1 Top line Growth	- Strong commercial momentum - Delivery of record backlog	Backlog Orders Revenues	> € 43 bn +16% +11%
Higher 2 Operating profit	- Good performance in Defence - Accelerated efficiency plan	EBITA	+13%
Cash flow 3 strengthening	Strong cash in	FOCF	+8%
Disciplined 4 capital allocation	Supporting growth, deleveraging and shareholder returns	Solid Investment Grade Rating Debt paydown YoY Investments 1H Dividends doubled	-18% ca. € 350 mln € 0.28 p.s.

17

1H 2024 Highlights: strong performance across Group KPIs

	1H23	1H23 pro forma*	1H24	Change**
New Orders, €bn	8.7	8.9	10.3	15.6%
Revenue, €bn	6.9	7.2	8.0	10.9%
EBITA, €M	430	444	503	13.3%
ROS, %	6.2%	6.2%	6.3%	+0.1 p.p
FOCF, €M	-517	-548	-502	8.4%
Net debt, €bn	3.6	3.6	3.0 *	-18.2%

FY2024 Guidance confirmed

*pro-forma figures include Telespazio fully consolidated

** vs 1H23 pro-forma

Helicopters: positive momentum with strong demand across the business

€mln	1H23	1H24	Change
Orders	2,805	3,584	27.8%
Revenues	2,160	2,425	12.3%
EBITA	157	172	9.6%
RoS (%)	7.3%	7.1%	-0.2 p.p.

Highlights

• Strong Backlog of € 15.7 bn
• Strong Order growth driven by both military/governmental (i.e AW189 Malaysia and NH90) and civil (i.e AW139 Saudi)
• Double-digit revenue growth driven by delivery of backlog
• EBITA growth reflecting higher volumes
• 77 helicopters delivered in 1H24 (82 in 1H23)

Deliveries by programme

Defence Electronics: strong growth with increased profitability

Electronics Europe			DRS
€mln	1H23*	1H24**	Change	\$mln	1H23	1H24	Change
Orders	2,810	3,391	20.7%		1,447	1,756	21.4%
Revenues	1,954	2,136	9.3%		1,197	1,441	20.4%
EBITA ***	213	251	17.8%		91	121	33%
RoS (%)	10.9%	11.8%	0.9 p.p.		7.6%	8.4%	0.8 p.p.

Electronics Europe DRS

• Double-digit Order growth, with major domestic government orders from Navy and Army and several export orders for naval guns
• Revenue growth mainly driven by delivery of backlog in Defence Systems and across Armed Forces

• Growing profitability reflecting volume increase and MBDA contribution

• Strong increase in Order including supply of integrated electric propulsion components for Columbia-class submarine and FWS-I

• Revenue growth driven by delivery of key programmes in key strategic areas of Force Protection, Advanced Sensing, Network Computing & Communications and Power & Propulsion
• Profitability increase reflecting higher volumes

* Excluding Cyber & Security Solutions ** Without Cyber & Security Solutions business and LoB Space *** Including proportional net income of MBDA and Hensoldt

© 2024 Leonardo - Società per azioni

Cyber & Security Solutions: solid performance with increasing demand

€mln	1H23	1H24	Change
Orders	278	427	53.6%
Revenues	267	301	12.7%
EBITA	12	16	33.3%
RoS (%)	4.5%	5.3%	+0.8 p.p.

• Order growth driven by domestic market (i.e Cyber & Security solutions for Governmental customers – JOC-COVI, Cloud infrastructures for Italian PA through PSN, Mission Critical Communications and Secure Digital Platforms)
• Revenue growth reflecting higher order volumes
• Improved profitability mainly driven by operational leverage

Aircraft: increased profitability driven by fighter programmes

€mln	1H23	1H24	Change
Orders	1,497	1,026	-31.5%
Revenues	1,348	1,272	-5.6%
EBITA	160	167	+4.4%
RoS (%)	11.9%	13.1%	+1.2 p.p.

• Wide array of international campaigns being pursued and progressing well
• Reduced order volume reflecting export order phasing. Key orders include EFA logistic support, C27J and JSF
• Revenue in line with last year, excluding pass-through activities
• Continued strong profitability, mainly driven by fighter business

Aerostructures & ATR: further progress

€mln	1H23	1H24	Change
Orders	225	364	61.8%
Revenues	327	353	8%
EBITA*	(77)	(76)	1.3%
RoS (%)	(23.5%)	(21.5%)	+2 p.p.

• Order intake significantly up year-on-year; reflecting continued air traffic recovery
• Revenue growth across all business lines
• 23 fuselage sections delivered for B787 (18 fuselages in 1H23)
• ATR: delivery of 11 aircraft (12 units in 1H23)

Space: good commercial performance

** Including proportional net income of TAS

***Including LoB Space previously accounted in Electronics Division

€mln	1H23*	1H24***	Change
Orders	258	335	29.8%
Revenues	309	399	29.1%
EBITA **	16	(1)	-106.3%
EBITA Space LoB and Telespazio	-	29	-
RoS (%)	5.2%	(0.3%)	-5.5 p.p.
RoS Space LoB and Telespazio	-	7.3%	-

• Strong increase in Orders (i.e. "MoonLight" contract with ESA, Engineering Services contract for the European Space Operations Centre, atomic clock with ESA)
• Revenue growth in Telespazio mainly driven by Satellite Systems and Operations, Geo Information and growing activities in Space LoB*** (EO payload and equipment)
• Telespazio's operating result in line with last year
• Profitability reflecting continued difficult market environment in * Pro-Forma for Telespazio consolidation Manufacturing for commercial Telco satellites

From EBITA to Net Result

• EBITA up 13% driven by strong performance
• EBIT up 4% including € 70 mln of non-recurring costs related to the favorable conclusion and termination of certain contracts (i.e. Doha stadium and legacy ATC signed in 2016)
• Net Result benefitting from increased EBITA and fair value gain resulting from the full consolidation of Telespazio

1H24 +13%

Change are calculated vs proforma data, including Telespazio consolidation in 1H23

• FOCF benefitting from strong cash-ins across the Group and improved working capital management

FY 2024 Guidance confirmed

EMARKET SDIR
CERTIFIED

	FY 2023 (1)	Guidance 2024 (2)
Orders, €bn	18.7	ca.19.5
Revenue, €bn	16.0	ca. 16.8
EBITA, €M	1,326	ca. 1,440
FOCF, €M	652	ca. 770
Net debt, €bn	2.3	ca. 2.0 (3)

2024 exchange rate assumptions: € / USD = 1.15 and € / GBP = 0.89

(1) The values shown for the year 2023 enhance the full consolidation of Telespazio which will be operational from 2024

(2) Based on the current assessment of the effects deriving from the geopolitical situation on the supply chain and the global economy and assuming no additional major deterioration (3) Assuming the increased dividend payments from €0.14 to €0.28 per share, new leasing contracts, strategic investments, and other minor transactions.

26

• Q&A
• Appendix

• Executing the Industrial Plan Roberto Cingolani, Chief Executive Officer and General Manager

• 2Q/1H 2024 Results Alessandra Genco, Chief Financial Officer

• Q&A
• Appendix

• Executing the Industrial Plan Roberto Cingolani, Chief Executive Officer and General Manager

• 2Q/1H 2024 Results Alessandra Genco, Chief Financial Officer

2Q/1H 2024 Results

EMARKE SDIR
CERTIFIED

	2Q 2023	* 2Q 2023 Proforma	2Q 2024	% Change	1H 2023	* 1H 2023 proforma	1H 2024	% Change	FY 2023
€ M New Orders	3,823	3,927	4,571	+16.4%	8,691	8,934	10,324	+15.6%	17,926
Backlog					39,119	40,382	43,346	+7.3%	39,529
Revenues	3,860	4,022	4,321	+7.4%	6,894	7,200	7,985	+10.9%	15,291
EBITA	325	335	321	(4.2%)	430	444	503	+13.3%	1,289
RoS EBIT	8.4%	8.3%	7.4%	(0.9) p.p.	6.2%	6.2%	6.3%	+0.1 p.p.	8.4%
	275	279	222	(20.4%)	368	376	390	+3.7%	1,085
EBIT Margin Net result before extraordinary transactions	7.1%	6.9%	5.1%	(1.8) p.p.	5.3%	5.2%	4.9%	(0.3) p.p.	7.1%
	157	160	96	(40%)	197	202	189	(6.4%)	742
Net result related to extraordinary transaction and discontinued operation	11	11	366	-	11	11	366		(47)
Net result	168	171	96	(43.9%)	208	213	555	+160,6%	695
EPS	0.278		0.137		0.341		0.914		1,144
FOCF	171	154	119	(22.7%)	(517)	(548)	(502)	+8.4%	635
Group Net Debt					3,637	3,674	3,000	(18.3%)	2,323
Headcount					52,306	55,469	58,280	+5.1%	53,566
* Telespazio fully consolidated	Free Operating generated by (used	Cash-Flow (FOCF): this is in) ordinary investment	the sum of the cash activity (property,	flows generated by plant and equipment and	(used in) operating intangible assets)	activities (which includes and dividends received	interests and	income taxes paid) and	the cash flows

© 2024 Leonardo - Società per azioni

29

Solid Group liquidity ensures adequate financial flexibility

As at 30 June 2024 Leonardo had sources of liquidity available for a total of about € 6.0 bn to meet the financing needs of the Group's, broken down as follows:

* Revolving Credit Facility signed by Leonardo DRS, following the merger with RADA, equal to € 0.3 bn

** «Sustainability-Linked» EIB loan equal to € 0.3 bn

© 2024 Leonardo - Società per azioni

Balanced debt maturity profile

	As of today	Before last review	Date of review
S&P	BBB- / Stable Outlook	BB+ / Positive Outlook	August 2023
Moody's	Baa3 / Stable Outlook	Ba1 / Positive Outlook	May 2023
Fitch	BBB- / Stable Outlook	BBB- / Negative Outlook	January 2022

Helicopters

2019 2020 2021 2022 2023

2Q/1H24 Results

2Q 2023 € mln	2Q 2024	% Change
916	1,541	+68%
1,280	1,340	+5%
119	118	-1%
9,3%	8,8%	-0.5 p.p.

	€ mln	1H 2023	1H 2024	% Change
Orders		2,805	3,584	+28%
Revenues		2,160	2,425	+12%
EBITA		157	172	+10%
RoS		7,3%	7,1%	-0.2 p.p.

Electronics

2019-2023 Results

Leonardo DRS (\$ mln)

427 360 208 202 258 265 273 9.7% 7.6% 7.3% 9.0% 9.8%

2019 2020 2021 2022 2023 Electronics EU (€ mln) Leonardo DRS (\$ mln)

2Q/1H24 Results **

ELECTRONICS - EU
€ mln	2Q 2023	2Q 2024	% Change
Orders	1,350	1,341	-0.7%
Revenues	1,027	1,109	+8%
EBITA	129	137	+6%
RoS	12.6%	12.4%	(0.2) p.p.

	€ mln		1H 2024	% Change
Orders		2,810	3,391	+21%
Revenues		1,954	2,136	+9%
EBITA		213	251	+18%
RoS		10.9%	11,8%	+0.9 p.p.

LEONARDO DRS

	\$ mln(*)	2Q 2023	2Q 2024	% Change
Orders		698	941	+35%
Revenues		628	753	+20%
EBITA		58	66	+14%
RoS		9.2%	8.8%	-0.4 p.p.

	\$ mln(*)	1H 2023	1H 2024	% Change
Orders		1,447	1,756	+21%
Revenues		1,197	1,441	+20%
EBITA		91	121	+33%
RoS		7.6%	8.4%	+0.8 p.p.

Revenues by segment

Electronics EU Leonardo DRS

*Avg. exchange rate €/\$ @ 1.0812 in 1H 2024; Avg. exchange rate €/\$ @ 1.0811 in 1H 2023 **Including Cyber Solution

Cyber & Security Solutions

2Q/1H24 Results

	€ mln	2Q 2023	2Q 2024	% Change		€ mln	1H 2023	1H 2024	% Change
Orders		112	223	+99%	Orders		278	427	+54%
Revenues		137	162	+18%	Revenues		267	301	+13%
EBITA		6	8	+33%	EBITA		12	16	+33%
RoS		4.4%	4.9%	+0.5 p.p.	RoS		4.5%	5.3%	+0.8 p.p.

2019-2023 Results

2Q/1H24 Results

	€ mln	2Q 2023	2Q 2024	% Change
Orders		766	458	-40%
Revenues		789	702	-11%
EBITA		106	112	+6%
RoS		13.4%	16%	+2.6 p.p.
	€ mln	1H 2023	1H 2024	% Change
Orders		1,497	1,026	-31%
Revenues		1,348	1,272	-6%
EBITA		160	167	+4%
RoS		11.9%	13.1%	1.2 p.p.

Revenues by segment

OE CS&T

Aerostructures and ATR

2019-2023 Results

787

767-777 Airbus ATR Military Other

2Q/1H24 Results

Aerostructures
	€ mln	2Q 2023	2Q 2024	% Change
Orders		99	111	+12%
Revenues		176	178	+1%
EBITA		(32)	(35)	-9%
RoS		(18.2%)	(19.7%)	-1.5 p.p.

	€ mln	1H 2023	1H 2024	% Change
Orders		225	364	+62%
Revenues		327	353	+8%
EBITA		(72)	(71)	+1%
RoS		(22%)	(20.1%)	+1.9 p.p.

Revenues by programme

ATR

Remuneration Policy aligned with shareholders interests, business strategy and ESG criteria

• Convergence of interests between management and shareholders
• Aligning the remuneration package with international market best practices
• Including Sustainability/ESG objectives, consistently with business strategy
• Complying with transparency and merit system principles of the Group strategy
• Attracting / retaining key performer resources
• Reducing excessively risk-oriented behavior

CEO and General Manager remuneration components

CEO and General Manager short term variable remuneration (MBO)

Long Term Incentive Plan (LTIP)

Objective	Weight	Reference Financial Periods	Performance Range (target / guidance)	Payout Range
Relative Total Shareholder Return	35%	2026 (△ vs 2024)	-Nostusons 10 11 12 13	100% 100% 100% 100% 75% 75% 50% 0% 0% 0% 0% 0% 0%
Return on Invested Capital	20%	2026	Target (16,6%)	100%
			Minimum (15,2%)	50%
Group	20%	2024-2026	Target (53.300)	100%
Revenues			Minimum (51.891)	50%
	15%	2026	Target (720)	100%
Group Net Debt			Minimum (984)	50%
Climate Change	5%	2026	Target (15)	100%
(Scopes 1 and 2 Emission Strenght)			Minimum (15,8)	50%
Gender Diversity	5%	2024-2026	Target (27%)	100%
(% of female new hires with a STEM degree)			Minimum (26%)	50%

Beneficiaries: Chief Executive Officer and General Manager, the Co-General Manager and key managers (executive directors, employees and/or associates of the Company and Group companies holding positions that have a decisive impact on the achievement of business results and additional critical and talented employees) up to a maximum of 300 resources.

Connecting ESG progress and remuneration

10%

of short-term variable remuneration linked to ESG objectives

10%

of long-term variable remuneration linked to ESG objectives

CEO & General Manager

• 5% →Inclusion of Leonardo in DJSI
• 5%→Average accident frequency rate*

• Managers

•1,050+ managers, including Managers with Strategic Responsibilities and Senior Managers.

•CEO & General Manager

• 5% →Scope 1 & 2 GHG Emissions**
• 5% → Gender diversity, percentage of female new hires w/ STEM***

• Managers

• 215+ managers of the Group, including Managers with Strategic Responsibilities and Senior Managers

* Calculated according to the GRI method as number of accidents per 1,000,000 hours worked. The target is 3 at 2024

** Calculated as a ratio of emissions of Scope 1 and 2 market-based (tCO2e) to revenues (€mil.) per year (Intensity of CO2 emissions on revenues). The target is 15 for the 2024-2026 period

*** Calculated as the ratio of female new hires with a STEM degrees out of total new hires with a STEM degrees – The target is 27% considering the cumulative value over the three-year period 2024-2026

	FY2023A Post IFRS 16		FY2023A Post IFRS 16
EBITDA*	€ 1,790 M	Group Net Debt	€ 2,323 M
Net Interest	€ 95 M	Leasing (IFRS 16)	- € 610 M
		Financial Debt to MBDA	- € 1,070 M
		Group Net Debt for Covenant	€ 643 M
		EBITDA*	€ 1,790 M
EBITDA / Net Interest	18.8	Group Net Debt / EBITDA	0.40
THRESHOLD	>3.25	THRESHOLD	<3.75

* EBITDA net of depreciation of rights of use

NOTE: Some of the statements included in this document are not historical facts but rather statements of future expectations, also related to future economic and financial performance, to be considered forward-looking statements. These forward-looking statements are based on Company's views and assumptions as of the date of the statements and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Given these uncertainties, you should not rely on forward-looking statements.

The following factors could affect our forward-looking statements: the ability to obtain or the timing of obtaining future government awards; the availability of government funding and customer requirements both domestically and internationally; changes in government or customer priorities due to programme reviews or revisions to strategic objectives (including changes in priorities to respond to terrorist threats or to improve homeland security); difficulties in developing and producing operationally advanced technology systems; the competitive environment; economic business and political conditions domestically and internationally; programme performance and the timing of contract payments; the timing and customer acceptance of product deliveries and launches; our ability to achieve or realise savings for our customers or ourselves through our global cost-cutting programme and other financial management programmes; and the outcome of contingencies (including completion of any acquisitions and divestitures, litigation and environmental remediation efforts). These are only some of the numerous factors that may affect the forward-looking statements contained in this document.

The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.

CONTACTS
Valeria Ricciotti Head of Investor Relations and Credit Rating Agencies
+39 06 32473.697 valeria.ricciotti@leonardo.com
Investor Relations and Credit Rating Agencies
+39 06 32473.512 ir@leonardo.com
leonardo.com

© 2024 Leonardo - Società per azioni

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