Sixt SE — Investor Presentation 2022

Mar 2, 2022

1

SIXT SE Q4/FY 2021 RESULTS INVESTOR PRESENTATION

2 MARCH 2022

DISCLAIMER

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. Forwardlooking 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.

BUSINESS UPDATE

SIXT AT NEW RECORD HIGHS

	2019	2021
REVENUE [excluding Leasing, EUR bn]	2.5	2.3
EXPENSES [EUR bn]	2.2	1.8
EBT [EUR m]	308	442
MARKET CAP [EUR bn]	3.8	6.2
MARKET SHARE US [%]	1.73%	2.63%
MARKET SHARE EUROPE [%; SIXT Corporate Countries]	17.5%	23.8%

Sources: Annual Report 2019; Preliminary FY results 2021; Bloomberg; Market shares 2019 and 2021 based on Euromonitor International Travel 2022 data and own estimates

ONGOING INTERNATIONALISATION - STRONG REVENUE AND MARKET SHARE GROWTH ABROAD

Sources: Annual Reports 2009 and 2019; Preliminary FY results 2021; Market shares 2019 and 2021 based on Euromonitor International Travel 2022 data and own estimates

COMPANY TRANSFORMATION THROUGHOUT THE CRISIS - SIXT OPERATES A MOBILITY PLATFORM THAT DIFFERENTIATES AGAINST THE COMPETITION

• ➢ CONTINUED INTERNATIONALISATION AND DIGITISATION STRATEGY DURING THE CRISIS HAS PAID OFF
• ➢ FULLY INTEGRATED MOBILITY PLATFORM
• ➢ BROADER MOBILITY OFFERING, MORE PREMIUM AND TECH THAN TRADITIONAL CAR RENTAL FIRMS
• ➢ SUPERIOR PREMIUM SERVICE COMPARED TO OTHER MOBILITY PLATFORMS
• ➢ MORE FLEXIBLE RENTING THAN OEMS

SIXT OPERATES A HIGHLY FLEXIBLE BUSINESS MODEL DUE TO ITS SCALABILITY AND VARIABILITY

SIXT'S BUSINESS MODEL IS BALANCING RISKS DELIBERATELY - FINANCIALLY SOLID & WELL DIVERSIFIED

85% NON-RISK RATIO²

100% NET FINANCIAL DEBT USED FOR FLEET ASSETS

¹Dynamic leverage ratio defined as Net Financial Debt / EBITDA ²Share of vehicles (infleeted in 2021) covered by buyback or leasing agreements with OEMs including operating leases; Non-risk ratio of 79% as at reporting date 31 December 2021 Sources: Preliminary FY results 2021; Company Data

DIVERSIFIED

REVENUE SPLIT[%]

SALES CHANNEL MIX [%]

B2B & B2C/B2P COMPLEMENTARY

• ✓ PEAK VS. LOW SEASON
• ✓ UTILISATION THROUGHOUT THE WEEK

ST & LT REVENUE SHARES TO BECOME MORE BALANCED

CORPORATE EBITDA SPLIT[%]

SIXT BRAND VALUE STANDS AT EUR 1.16 BN - FASTEST GROWING BRAND IN THE CAR RENTAL INDUSTRY

ENTERING 2022 WITH A RECORD FLEET

Q4/FY21 RESULTS IN DETAIL

FY 2021 PROFIT SIGNIFICANTLY ABOVE PRE-PANDEMIC LEVELS - DRIVEN BY DEMAND RECOVERY AND GOOD COST DISCIPLINE

FY 2021 SEGMENT UPDATE: STRONG PROFIT GROWTH IN ALL SEGMENTS

REVENUE1,2 [EURm]

13

CORPORATE EBITDA² [EURm]

¹Share of Group revenue generated in the respective regional segments (Germany, Europe (excl. Germany) and North America); ²FY 2021 Preliminary figures

GROW MARKET SHARE AND DRIVE COST EFFICIENCY THROUGH DIGITISATION AND INTERNATIONALISATION

CREATING CUSTOMER EXCITEMENT

• Addressing customers' emotional needs
• Addressing customers' functional needs
• Ease is the new premium
• Enhancing Flexibility: mobility whenever, however & wherever

FULLY DIGITAL & CONTACTLESS RENTAL EXPERIENCE

• Lower costs through digitisation of branches & rental processes
• Seamless digital rental and check-out
• Continuous improvement of reservation flow
• AI based pricing and fleet management

SCALE OUR PRODUCTS

• Grow Van & Truck focusing on core markets DACH, France, and UK
• Grow Sixt+ Subscription
• Grow SIXT share and launch new cities
• Increase SIXT ride offering to additional cities

GROW SHARE OF INTERNATIONAL REVENUES

• At least defend the strongly increased European market share
• Hit the USD 1 bn sales mark
• Marketing spending to increase brand awareness
• Further investments in IT, infrastructure, and personnel

OBJECTIVE STRATEGIC INITIATIVES

MARKET ENVIRONMENT: STRONG RECOVERY IN DEMAND GIVEN URGE OF PEOPLE TO TRAVEL

¹⁶ OPPORTUNITIES CHALLENGES

HIGHEST MARGIN AND GROWTH RATES IN THE RENTAL SECTOR – DIGITAL PLATFORM STILL NOT FULLY VALUED

Sales Growth

EBT margin

2022e 2023e

SIXT SE Investor Relations Zugspitzstrasse 1 82049 Pullach

+49 (0)89 74444 – 5104 investorrelations@sixt.com

Prof. Dr. Kai Andrejewski Chief Financial Officer

Nicole Schillinger Head of Investor Relations

Sophia Patzak Senior Professional Investor Relations