Investor Presentation • Jul 6, 2022
Investor Presentation
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MUNICH
6 July 2022
P a g e 6 4 - 8 2 P a g e 8 3 - 1 0 1 P a g e 1 0 2 - 112 P a g e 1 1 3 - 1 3 0 J . A D A M S : Digital Customer Experience K . K O L I T Z : IT and Digitalisation V . P F L A N Z : Product and Sales K . A N D R E J E W S K I : Financial Strategy Page 3 - 2 6 P a g e 2 7 - 3 2 P a g e 3 3 - 4 5 P a g e 4 6 - 6 3 T . K E N N E D Y : Internationalisation K . S I X T : Strategy N . G A B R I E L : Operations K . A N D R E J E W S K I : SIXT is well prepared
STRATEGY
Transform the way the world moves, because people expect better.
We make mobility as easy and flexible as possible.
Our customers can expect: Better cars. Better service. Better tech. Better people.

"
We don't want to be the largest mobility player on the planet, but the most profitable one.
ERICH SIXT Chairman of the Supervisory Board
"



NOT RECOGNISED ON BALANCE SHEET
GERMANY1 FRANCE2 NETHERLANDS3
94% 72% 72%
IN OTHER RELEVANT COUNTRIES

1 GER: Civey 04-2018, German population, age 18+, car users; 2 FR: BVA study 03- 2020, French population, age 18+, car renters (interim measurement); 3 NL: TNS Kantar study 02-2020, Randstad region (Amsterdam, Utrecht, Rotterdam, Den Haag), age 18-64, driving license B; 4 BrandFinance, January 2022


* GER: Civey 04-2018, German population, age 18+, car users Sources: BrandFinance January 2022

ONE PREMIUM 1. DEMAND PLATFORM
ONE PREMIUM PRODUCT PLATFORM
ONE PREMIUM SERVICE PLATFORM
ONE PREMIUM FLEET PLATFORM
ONE PREMIUM TECH PLATFORM


E-MOBILITY EVIDENCE AND AMBITIONS

70% BEV share until 2030

50% BEV share until 2030

From 2025 onwards only electrified models launched

70% BEV share in Europe until 2030

Further increase share of electric and hybrid vehicles

Rapid roll-out of charging infrastructure in SIXT branches

Strategic partnerships with innovation leaders


SCALE OUR PRODUCTS
100 countries >2,100 branches
Corporate Franchise
MARKET SHARE GROWTH IN EUROPE 2021 vs. 20193


1 Figures 2005-2014 according to Jefferies (Research Report as of 1 April 2020) and
figures 2015-2019 according to J.P. Morgan
2 Sixt European Corporate Countries including Germany, excl. Lux and Monaco
3 Market shares according to Euromonitor and own estimates

Sources: Euromonitor 2019 and 2021 studies, AutoRental News, US Market Data and own estimates


21



SIXT has a strong long-term growth story
…and has developed from a German car rental company to a global mobility provider with an international revenue share of 67% in 2021
* Group revenue, EBT and respectively EBT margin 2009-2019 calculated as Group revenue/EBT minus revenue/EBT of SIXT Leasing business unit; 2018 Group EBT including one-off effect of DriveNow sale; Source: Annual Reports SIXT



-

॰ Cloud platform
॰ EU action plan

| New technologies favour shift to mobile platforms |
॰ Integrated mobility provider ॰ ONE Platform for demand, product, service, fleet, and technology ॰ Backbone rental business to be supplemented by new products: SIXT share, subscription |
|---|---|
| Energy transition | ॰ Shift to electric vehicles ॰ 100% renewable energy at locations in DE ॰ Investment in charging infrastructure |
Climate change and regulatory measures




ONE PREMIUM 1. DEMAND PLATFORM
ONE PREMIUM PRODUCT PLATFORM
ONE PREMIUM SERVICE PLATFORM
ONE PREMIUM FLEET PLATFORM
ONE PREMIUM TECH PLATFORM

ONE PREMIUM 1. DEMAND PLATFORM
ONE PREMIUM FLEET PLATFORM
ONE PREMIUM TECH PLATFORM

~EUR 38 m invest in renovations of SIXT branches +1,350 employees @ branches in 2022
~EUR 35 m invest in new branches
New branch concept
SIXT premium Parking experience
Customer Excitement Score (CES) substantial part of agent's bonus scheme
24 hours* availability for e-mails and calls
24 hours e-mail response <10% abandonment rate
* in Europe

ONE PREMIUM 1. DEMAND PLATFORM
ONE PREMIUM PRODUCT PLATFORM
ONE PREMIUM SERVICE PLATFORM
ONE PREMIUM FLEET PLATFORM
ONE PREMIUM TECH PLATFORM


FLEET GROWTH HAS BEEN SECURED WHILE KEEPING PREMIUM BRAND SHARE.

1 Of top 4 listed car rental companies
2 Financial data based on annual reports of SIXT and competitors
3 Based on USD/EUR exchange rate as of 31 December, 2021


#1 North America is a huge market representing USD 31 bn of the USD 83 bn global rental market.

#2 SIXT just launched Canada and is expanding rapidly and profitably in the US.

#3 A significant marketing campaign will be launched in 2022 to increase brand awareness in the market.

#4 SIXT App allows customers to rent, ride, subscribe and ultimately buy in one app.

#5 Corporate and partnership sales initiatives and SIXT Xpress counter by-pass product will drive increased share of the USD 10 bn business market segment.

#6 SIXT+ provides a unique product in the growing mobility subscription segment in the US.
#7 SIXT is different from the competition – premium position, young and premium fleet, digital focused and unique products.

#8 2021 was a record year in the US – 121% revenue vs. 2020 – and we are just getting started!
OPPORTUNITY IN THE USD BILLIONS

Sources: Euromonitor 2019 Studies, AutoRental News, US market data and own estimates
Europe
USD 17 bn

1 AXN airport factbook and internal estimation 2 Euromonitor





Existing





Vancouver (open) and Toronto (Q3) represent a significant share of the total Canadian market
US and European premium brands along with specialty vehicles (large SUVs, convertibles)
Average holding period for premium - slightly longer for non-premium






MARKET SEGMENTS


Illustration: SIXT USA utilisation by day of week.



Flexible – renew on a month-to-month basis
Fully customisable – choose vehicle, mileage and protection
Includes vehicle-related costs (e.g., maintenance and repairs)

Fully digital pre-registration

Soft credit check


#1 SIXT is scaling on demands and new opportunities in a highly-dynamic environment.
#4 Costs and maintenance of on-site hardware are reduced.

#2 The focus is on the latest cloud products to improve the customer experience.

#3 SIXT is enabling security on highest level to protect the customer and our data.
#5 SIXT is reengineering and rebuilding its core application landscape for a world class customer experience.

1





Move all the remaining workloads and applications from on premise datacenters to the public cloud by the end of 2022



ALTO provides transfer (and vehicle registration) recommendations with the aim of optimising earnings by shifting flexible capacity optimally.
The recommendation consists of shifting vehicle quantities between pool-to-pool connections.


75

| Domain (942) | Traffic Share ↓ | |
|---|---|---|
| 1 | sixt.de | 11.62% I |
| 2 | 's blablacar.de | 10.42% |
| 3 | ® billiger-mietwagen.de | 8.82% |
| 4 | 0: rentalcars.com |
5.95% |
| 5 | 트 europcar.de | 5.04% |
*Source : Similarweb
| Company one program basicans and promote | 400 81 400 Mon e- e- |
NALE | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ST 580-570-6. 1267 | PAGE V Price PC Mar |
BLOG USTRALE | - 25000 |
1155538 | ||||||
| MINTHLE | -1.40 | 2015-01-2 | 1408-27816 THE . | MI R-S-CL-M-T & | Classe | PARCOW 1468 |
NEWS CON | |||
| PORT MART I | WF-13-14-16 18 44 | MATARIES BOOK BE V 7 70 | MAXAMAN P | N | ma | - | ||||
| REAL BARRY | Property | Material Distrime mind 22 | Contracted to Call | 18 | . ----- |
PERFECTIVE | 5 | |||
| Lander | 1770 | FRONTERS 3 | CLASS COLLECT COLLECTION COLLECTION COLLECTION COLLECTION COLLECTION COLLECTION CONTRACTION CONTRACTION CONTRACTION CONTRACTION CONTRACTION CONTRACTION CONTRACTION CONTRACTIO | t | ||||||
| Relation of Laterial | 4-4-1 8-4 14 | 17.00 1 | LANDSORIES I | ****(Allen IP's | 19 | |||||
| BELLE BELLE | 1 . Box 1 Sec . and | Total Value | because and 17 | BARBERENAMA FR | Page | Public Pro | SECTION COLUMN | |||
| SCHILDERS | Ball broket | *** | Total Time I To 71 | 105/05/05/05/10 Plan Fill | 2 | |||||
| Carlo | 1644 | ATTAG | REALT TO BE V 70 | CONNUMA RI | 60 | t | ||||
| To Mar 1 | 64.840 | HALL | WALLANDER IN 10 | An monta a CD | A character -------- |
|||||
| SHOWARD | MONTH BE A | 10 minute B | 19.9 Corporation |
|||||||
| BUN BELL | - - - - - - - - - - - - - - - | bearing are il | THE BESCHIP LE | 177 | Baller | CONSTITUTION | ||||
| вече вест | br drafters | bearing pro 71 | LOUISQUE II | P | 8-4 4 | |||||
| POST SET A | 14.55/400 | Total Checade and Call | 1.04 THIS SHEET TO | 120 | 47 mm Persis |
|||||
| SECIA | Calle Bridge was | FRANCE B | LE BOTTLE & RE | na | - | |||||
| ----- | A RAINERAL | WALNAK 2 | AN MARKE & LE | Check CHARLER |


SIXT APP (CAR VIA APP) FOR 8 YEARS
DIGITAL
BOOKING
EXPERIENCE
FOR 20 YEARS


Improve the customer experience to a digital journey
Increase digital convenient customer experience compared to our competitors to hold our price-point #1 #2
Lack of workforces (staff shortages)
Raising check-out cost due the raising workforce cost
#4 #5
Average invest per branch
Lack of real exciting customer experience




Growth

SIXT prepared for future growth with a tech invest and team above 2019
15 68 61 66 70 150 573 529 608 770 2009 2019 2020 2021 2022 Tech invest [EUR m] Tech FTE
By Q4, SIXT will have established a new tech hub


* The current situation in Ukraine has demanded some adjustments which we were able to overcome. We have been in constant contact with our Ukrainian colleagues to ensure they and their families are safe. Help has been provided wherever needed.


#1 SIXT stands out due to its long-term financial outperformance versus competition.

#2 After posting a record result in 2021, SIXT doubled its EBT in the first quarter compared to pre-COVID-19.

#3 Variable, diversified, and financially solid business model fosters constant performance.

#4 Given rising geopolitical and macroeconomic uncertainties, SIXT is well positioned to stay calm in choppy waters.

#5 SIXT displays an honest and comprehensive ESG story.


DIVERSIFICATION VARIABILITY FLEET FINANCIAL SOLIDITY ESG FINANCIAL PERFORMANCE
SIXT has a strong long-term growth story
…and has developed from a German car rental company to a global mobility provider with an international revenue share of 67% in 2021








DIVERSIFICATION VARIABILITY FLEET FINANCIAL SOLIDITY ESG FINANCIAL PERFORMANCE


Source: Annual Reports FY 2021; own research
DIVERSIFICATION VARIABILITY FLEET FINANCIAL SOLIDITY ESG FINANCIAL PERFORMANCE

1 Financial liabilities as of 31 December, 2021; Repayment amounts excluding accrued and in future payable interest;

Fulfilling our SOCIAL RESPONSIBILITY for society since decades with Regine Sixt Kinderhilfe Stiftung G

Ensuring transparency, sustainability and human rights along our SUPPLY CHAIN

ANCHORING SUSTAINABILITY
throughout the organisation with dedicated ESG processes, organisation and Board leadership

Using cars with state-of-theart TECHNOLOGY reduces emissions

One of the key levers for reducing emissions are shared mobility solutions resulting in a change of individual Mobility Behaviour. *
Today's electric mobility has a smaller effect on the reduction of CO2 emissions than generally assumed. However, in combination with renewable energy, further progress should be achieved.*
Holistic View: Especially for new infrastructure projects, the rail transport system turns out to have a more intense CO2 footprint than estimated by society. *

* Study "Holistic Ecological Accounting of Transport Systems", KRBE and Institute for Mobility at the University of St. Gallen for Friedrich Naumann Foundation for Freedom


DIVERSIFICATION VARIABILITY FLEET FINANCIAL SOLIDITY ESG FINANCIAL PERFORMANCE


Source: Annual Reports
DIVERSIFICATION VARIABILITY FLEET FINANCIAL SOLIDITY ESG FINANCIAL PERFORMANCE
| Q1 2019 | Q1 2022 | ||
|---|---|---|---|
| INDEX | SDAX | MDAX | |
| MARKET CAP [EUR bn] |
3.9 | +26% | 4.9 |
| EQUITY RATIO [%] |
25.0% | +14pp. | 39.4% |
| RENTAL ASSETS [EUR bn] |
2.9 | -7% | 2.7 |
| EBT [excluding Leasing, EUR m] |
40.1 | +133% | 93.5 |
| INTERNATIONAL REVENUE SHARE [excluding Leasing, EUR m] |
57% | +12pp. | 69% |
| REVENUE [excluding Leasing, EUR m] |
505.8 | +15% | 580.8 |



GERMANY EUROPE NORTH AMERICA

Source: FactSet, Bloomberg

#1 Corporate Sales is one out of three key pillars that drive revenue.
#2 SIXT is THE mobility expert for any kind of business ground transportation.

#3 (Corporate) customers benefit from a variety of flexible, newly launched products.

Sustainability
Urbanisation
Innovative mobility improves social inclusivity and economic growth
Up to 20% share of total mobility market by 2040
Requirement of more sustainable and resilient

Long term up to 50% lower cost per mile compared to driverbased rides
Adoption depends on regulation, technology readiness and customer preferences
urban mobility systems Encourages move towards new mobility solutions
Offers lower cost of usage versus total cost of ownership
Micromobility to show strong post-pandemic growth
Sources: University of St. Gallen/BCG/WEF, Oliver Wyman, McKinsey, AD Little


VISION
SIXT is the global mobility partner of choice for companies of all sizes.
MISSION
Become real mobility consultants through focus and excellence. Add value to our customers and offer digital services as a differentiator.


Car subscription business
॰ Launched in 2020, now available in all corporate countries
+
Light commercial vehicle rental
Free-floating carsharing
Ride hailing and event service business
Last mile micromobility: scooter & bikes ॰ >300 k scooter
journeys
TO SHORT-TERM MOBILITY
FROM
Asset ownership Asset-heavy Key competitors Lynk&Co, Care by Volvo, VWFS, ALD, FINN
Asset ownership Asset-heavy Key competitors Miles, ShareNow
Asset ownership Asset-light Key competitors Bird, Lime



॰ Monthly fixed price
New: the flexible company car alternative

Unlimited mobility with the international car subscription



#4 Improving digital booking experience removes contact reasons at source.


#3 Digitising customer service helps people solve issues quickly and easily themselves.
#5 Digitising pick-up experience turns our biggest contact point into an advantage.
SIXT has demonstrated robust signs of user growth in 2022. SIXT has demonstrated robust bookings and revenue
User growth (Compared to same month last year)

growth in 2022, suggesting a recovery from COVID-19.

Revenue / day in customer cohorts [EUR]


Every customer contact gives us a clue about where people expect better, so we can build excitement

॰ Call transfer to other department

Customers can easily manage their bookings online via the SIXT website or app





| < Choose your protection × PROTECT YOUR RENTAL Full Protection Package Get total coverage in the event of: OSS DAMAGE WAIVER V Damage & theft Avoid high costs: Limit your financial exposure to accidental V Third-party liability damages or theft of your vehicle V Roadside assistance Details 0) You are currently responsible for \$ 0.00 day damage and theft to the rental vehicle Standard Protection Package USD 0 financial responsibility \$ 33.99 day Stay covered in the event of: V Damage & theft V Third-party liability X Roadside assistance Supplemental Liability Insurance \$ 16.99 day Details Choose liability protection for claims made by a third party Roadside Assistance Protection \$ 9.49 day Basic Protection Package Get basic protection in case of: Roadside assistance for lost key, key lockout, V Damage & theft fuel service & dead battery X Third-party liability X Roadside assistance Personal Accident Coverage క ర.00 day Details Monetary compensation for medical expenses or accidental death of both the driver or the passengers in the rental vehicle ) Continue Without Any Protection Personal Property Coverage \$ 4.30 day Safeguard your personal items and those of vehicle and any third-party claims. your accompanying family members from damage or loss |
||
|---|---|---|
| \$60.99 \$51.84 /day Save 15 % |
||
| \$50.99 \$45.89 /day Save 10 % |
||
| \$34.00 /day | ||
| Your personal insurance or credit card may not fully cover | ||
| this trip. You are responsible for damage to or theft of the | ||

SIXT Xpress


A faster and smarter check-out experience via any mobile device



#1 With its variable, diversified and financially solid business model SIXT is well prepared to master the macroeconomic challenges ahead.

#2 By creating a premium customer experience we achieve higher prices than the competition and thereby generate the highest return in the industry.

#3 SIXT just launched Canada and is expanding rapidly and profitably in the US.

#4 SIXT IT scales on demand and opportunities in a highly dynamic environment.

#5 (Corporate) customers benefit from a variety of flexible, newly launched products.

#6 SIXT lives to excite customers. Customer contacts tell us where better is expected. Digitising customer service helps people solve issues quickly.
This presentation (together with the presenters' speeches and any other related verbal or written communications the "Presentation") contains forward-looking statements relating to the business, financial performance and results of Sixt SE (together with its subsidiaries, the "Company") and/or the industry in which the Company operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes," "expects," "predicts," "intends," "projects," "plans," "estimates," "aims," "foresees," "anticipates," "targets," and similar expressions. Forward-looking statements, including assumptions, opinions and views of the Company or cited from third party sources, are solely opinions and forecasts which are uncertain and subject to risks. Actual events may differ significantly from any anticipated development due to a number of factors, including without limitation, changes in general economic conditions, in particular in the Company's target markets and changes in competition levels. The Company does not guarantee that the assumptions underlying forward-looking statements are free from errors nor does it accept any responsibility for the future accuracy of opinions or any obligation to update the statements in the Presentation to reflect subsequent events. Forward-looking statements are made only as of the date of the Presentation. Neither the delivery of the Presentation nor any further discussions of the Company with any of the recipients thereof shall, under any circumstances, create any implication that there
has been no change in the affairs of the Company since such date. Consequently, the Company does not undertake any obligation to review, update or confirm expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of the Presentation. Furthermore, a totally different performance can ensue from an unexpected slump in demand or economic stagnation in our key markets. The actual development can differ materially from the forecasts made in this Presentation, in case one of the aforementioned risks or other risks not mentioned here should materialize and/or the assumption on which we have based our forecasts and prospects turn out to be wrong.
Certain industry and market information in the Presentation and/or related materials has been obtained by the Company from third party sources. The Company has not independently verified such information and neither the Company nor any of its directors provides any assurance as to the accuracy, fairness or completeness of such information or opinions contained in this document and neither the Company nor any of its directors takes any responsibility for such information. This Presentation contains summary information only and does not purport to be comprehensive and is not intended to be (and should not be used as) the basis of any analysis or other evaluation. In addition, the information in the Presentation is subject to change. No representation or warranty
(express or implied) is made as to, and no reliance should be placed on, any information, including projections, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein. Due to rounding it is possible that figures may not add up exactly and that half or full year figures do not correspond to added quarterly figures. For the same reason, percentages may not exactly match absolute numbers they correspond to.
The Presentation does not constitute or form part of, and should not be construed as, an offer, solicitation or invitation to subscribe for, underwrite or otherwise acquire, any securities of the Company nor should it or any part of it form the basis of, or be relied on in connection with, any contract to purchase or subscribe for any securities of the Company, nor shall it or any part of it form the basis of or be relied on in connection with any other investment whatsoever.

SIXT SE Investor Relations Zugspitzstrasse 1 82049 Pullach
+49 (0)89 74444 – 5104 [email protected]

Prof. Dr. Kai Andrejewski C H I E F F I N A N C I A L O F F I C E R

Nicole Schillinger H E A D O F I N V E S T O R R E L A T I O N S

Sophia Patzak S E N I O R P R O F E S S I O N A L I N V E S T O R R E L A T I O N S
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