#1FY 2021 Results Twelve months ended 31st December 2021 ASTON MARTIN LAGONDA#2CHIEF EXECUTIVE OFFICER TOBIAS MOERS ASTON MARTIN LAGONDA#3AGENDA 1 2021 key results 2 Financial review 3 Strategic review 4 Q&A APPENDIX 3 TILL OO ASTON MARTIN DBS 00 ASTON MARTIN LAGONDA#42021 Highlights Extraordinary progress establishing ultra-luxury positioning 1. Historically high pricing on core portfolio as supply aligned to demand Wholesales¹ up 82% and revenue up 79%; DBX achieved estimated 20% market share £416m free cashflow² improvement 2. Exciting product launches, headlined by the generational AM Valkyrie programme Launched DBX Straight-Six mild-hybrid DBX707 unveiled February 2022 3. Exceptional brand awareness going from strength to strength 50% customers new to brand c. 2.8bn impressions of Aston Martin Cognizant F1™ 4. Operational excellence, agility and efficiency permeating throughout the Company c. 20% reduction in manufacturing costs Strengthening team; >300 new employees 5. New ESG strategy: striving to become world-leading sustainable business. Obtained committed status with the Science Based Target initiative Offer fully electrified portfolio of GT/Sport and SUVs by 2030 4 Note: Certain financial data within this presentation has been rounded; see Appendix for more detail on APMs; (1) Total wholesales are company sales to dealers (some Specials are direct to customer); (2) Operating cashflow less investing activities (excl. interest) and net cash interest ASTON MARTIN DB707#5CHIEF FINANCIAL OFFICER KENNETH GREGOR DBX ASTON MARTIN LACONDA 4 NEM MIGIPTONGINA 14#62021 Financial Results Core EBITDA more than doubled vs. 2019 driven by a 14% increase in average selling price Total Wholesales (Units) 2021 Revenues (£m) 2020 6 2019 2021 2020 2019 Adjusted EBITDA (£m) 2021 1 2020 2019 3,394 (70) 612 6,178 5,862 1,095 981 138 119 Adjusted Operating Loss (£m) 2021 2020 2019 Free Cash Flow (£m) 2021 2020 2019 Net Debt (£m) 2021 2020 2 2019 (225) 727 (539) 892 988 ASTON MARTIN ASTON MARTIN (338) Note: Certain financial data within this presentation has been rounded; see Appendix for more detail on APMs; (1) Total wholesales are company sales to dealers (some Specials are direct to customer); (2) Operating cashflow less investing activities (excl. interest) and net cash interest; cash interest payments are in Q2 and Q4 (74) (10) (123)#72021 Wholesales Core wholesales >6,000 with strong ASP at £150k underscoring retail demand and strength of brand Total wholesales: 6,178 By model (units YoY change) Other: 11¹ (61%) SUV: 3,001 98% O Wholesale ASP (£k) 149 7 132 2019 ■ Core 157 136 Specials: 98 128% 2020 ■ Total Sport: 1,479 114% GT: 1,589 42% 162 150 2021 By geography 923 115% 1,984 Americas 820 UK 35% 1,109 2020 47% 865 1,270 EMEA ex. UK 2021 131% China 206% ASTON MARTIN 786 ASTON MARTIN Note: Certain financial data within this presentation has been rounded; see Appendix for more detail on APMs; wholesales are company sales to dealers; (1) Other consists of prior generation models; GT includes DB11 and DBS; Sport includes Vantage and SUV includes DBX and derivatives 1,815 APAC Change by region#82021 Revenue Year-on-year growth of 79%, driven by increased wholesales and strong pricing dynamics 8 612 2020 470 Sale of vehicles 9 Sale of parts 4 Servicing of vehicles Brand & motorsport Note: Certain financial data within this presentation has been rounded; see Appendix for more detail on APMs 1,095 2021 1 2 3 4 ASTON MARTIN ASTON MARTIN Sale of vehicles Wholesale unit growth & strong pricing dynamics Sale of parts Benefit of reduced restrictions, globally, on dealer operations Servicing of vehicles Increased capacity as no new continuation vehicles Brand & motorsport Broadly neutral#92021 Adjusted EBITDA £208m improvement year-on-year driven by increased operating leverage & Specials (£m) (70) 2020 Adj. EBITDA Margin 1 9 151 Wholesales & mix Wholesales & mix Volume: +2,784 units ↑ Geographic mix Core mix+ Specials 57 Net pricing 11 (25) Other gross Net operating margin expenses 2 Net pricing Growth driven by decreased customer financing support and improved pricing 14 FX 13% 138 2021 Adj. EBITDA 3 Net Opex Efficiency savings offset by non-repeat of furlough credits and fixed marketing spend 4 EBT Analysis £m Adjusted EBITDA D&A Adjusted EBIT Net adjusted financing expense Adjusted EBT Adjusting items¹ EBT D&A Full year of DBX and start of Aston Martin Valkyrie deliveries 5 ASTON MARTIN 2021 ● 137.9 (212.2) (74.3) (171.4) (245.7) 31.9 ASTON MARTIN (213.8) Financing expenses Note: Certain financial data within this presentation has been rounded; see Appendix for more detail on APMs; (1) adjusting items include £34m credit from FV movement of outstanding warrants and £4m relating to ERP costs offset by £2m relating to restructuring costs 2020 (70.1) (154.8) (224.9) (74.5) £12m adverse FX credit revaluation ● • £34m adj. credit from FV movement of outstanding warrants (299.4) (166.6) (466.0)#102021 Free Cashflow £416m improvement year-on-year (£m) (214) 10 EBT 1 EBT 1 346 Add back D&A/other non- cash/financing exp. Reduced loss primarily due to increased revenue and improved profitability 2 (9) Tax Paid Add backs Key items include: 124 D&A £212m Net financing expense £137m 56 Cash generated after tax Working Capital 3 Working Capital Deposits £71m Payables £53m Inventory £8m Receivables £(75)m 4 (185) Investing Activities (excl. interest) Investing Activities Capex of £185m (117) Net Interest 5 ASTON MARTIN ASTON MARTIN (123) 2 Free Cash Flow Net Interest Cash interest items: Interest paid £(118)m Interest received £1m Note: Certain financial data within this presentation has been rounded; see Appendix for more detail on APMs; (1) EBT after adjusting items of £32m; (2) Operating cashflow less investing activities (excl. interest) and net cash interest; cash interest payments are made in Q2 and Q4#112021 Cash & Debt Cash balance of £419m; net debt of £892m (£m) 11 489 Cash balance 31-Dec-20 (123) Free Cash Flow 52 Cash inflow from financing activities 1 1 Effect of ex. rates on cash and cash equivalents 419 Cash balance 31-Dec-21 £m Loan notes Inventory financing Bank loans and overdrafts Lease liabilities Gross debt Cash balance Cash not available for short-term use Net debt Note: Certain financial data within this presentation has been rounded; see Appendix for more detail on APMs; (1) excludes financing interest (included in Free Cash Flow) ASTON MARTIN ASTON MARTIN 2021 (1,074.9) (19.7) (114.3) (103.4) 418.9 2020 1.8 (965.0) (38.2) (119.8) (1,312.3) (1,226.0) (103.0) 489.4 9.9 (891.6) (726.7)#122022 outlook - Delivering growth 8% volume growth and 50% improvement in 2022 Adjusted EBITDA from core business Wholesales Adj. EBITDA margin D&A Interest Expense Capex and R&D Medium-term by 2024/25 Wholesales Revenue Adj. EBITDA 12 > 6,600 units 75-90 Aston Martin Valkyrie programme vehicles c. 350-450bps expansion Q1 is expected to be smallest quarter - DBX707 starts in Q2 and V12 Vantage in Q3 - focus on refining Aston Martin Valkyrie programme production process c. £315-330m c. £170m P&L / c. £125m cash c. £300m c. 10,000 units c. £2bn c. £500m Note: Certain financial data within this presentation has been rounded; see Appendix for more detail on APMs; 283 283 U U ASTON MARTIN VANTAGE MINE OO#13CHIEF EXECUTIVE OFFICER TOBIAS MOERS ASTON MARTIN LAGONDA#142021 review Foundation in place to deliver on our growth ambitions and medium-term plan ● ● I AM Aston Martin Re-defined internal vision, mission and behaviours Efficiency programme across plants complete New bonus scheme implemented, aligning management & employee incentives Employee engagement programme started with survey, action plans under development 14 ● ● Portfolio Strategy & Cycle Planning Sustainable product plan defined and aligned with market demand/business plan Expansion of portfolio starting with DBX and derivatives Halo mid-engine hypercar, Aston Martin Valkyrie, deliveries started Targeting launch of first BEV in 2025 ● ● Spy SIGNING Go-to-Market F1TM sponsorship increases brand desirability - 2.8bn impressions to date New configurator improving customer journey; trebling dealer leads Strengthened regional team executing on dealer development Rebalancing supply to demand successful Note: Certain financial data within this presentation has been rounded; see Appendix for more detail on APMs; ● Product Product focus on improved margin per car and technical product competitiveness Teaming with tier 1 suppliers to drive quality and performance Strategic alignment of Specials in the future product roadmap 2 HY ● ● Product Development ● 148 18 121 Experienced external hires to lead powertrain and vehicle development Developing bespoke Aston Martin connected car eco system Commodity approach started, with first five engineering teams rolled out ASTON MARTIN ASTON MARTIN Operational Excellence Chief Operating Officer driving transformation • 20% manufacturing cost per unit reduction achieved through plant consolidations Improved logistics processes Investment in leading edge PLM/ERP IT architecture Strategic alignment to operational footprint#15To become the world's most desirable, ultra-luxury British performance brand Take-off into a new era for Aston Martin Lagonda ASTON MARTIN Brand Aston Martin is an iconic global brand, with a unique position transcending ultra-luxury and high performance underpinned by a strong and loyal customer base Sustainability Transitioning Aston Martin to a world-leading sustainable ultra-luxury company that has committed to the Science Based Targets initiative Net-Zero Standard Product Innovation A breathtaking and comprehensive core portfolio across front-engine, SUV and mid- engine enhanced by a strategically-aligned Specials Programme Team Strength of brand attracting skilled talent across business segments, fostering engineering excellence and passion within our corporate DNA 15#16Brand Aston Martin is an iconic global brand with 109 years of deep, rich history 16 50% of customers new to brand Highlighting a loyal customer base while attracting new customers to brand Strong & growing market share Estimated 20% share of global luxury SUV market Maintained double digit front-engine market share PERONI 3x reduction/unit In Variable Marketing spend compared to 2020 - Residual values continue to increase aram 18 > 75% increase in new dealer inquiries Underscoring focus on exclusivity & ultra-luxury proposition aramco ASTON MARTIN EPOS BAKLEY BOMBARDIER ASTON MARTIN Sentinel One PERONI NASTRO AZZURRO 0.0% aramco cognizant AmoMartia.cOH 18 crypto.com cognizant BIRNILLE ASTON MARTIN LAGONDA#17Product Innovation Most comprehensive portfolio in the ultra-luxury space 17 Breathtaking & comprehensive core portfolio Encompassing front-engine, SUV and mid-engine New generation of GT/Sports cars in 2023 followed by PHEV powertrain DBX707 raising the benchmark for performance luxury in 2022 Mid-engine underpinned by performance-oriented electrified PHEV powertrain Successful Specials series Roadmap for the future embedding strong Specials series and focus on personalisation within product portfolio Pushing the boundaries of the possible Serving loyal customers with state-of-the-art offering Electrification journey 2024: Launch of the first PHEV Aston Martin 2025: Targeting launch of the first BEV Aston Martin 2030: Fully electrified GT/Sport and SUV portfolio ● . Act 46133 48 81083 ASTON MARTIN LAGONDA#18DBX portfolio expansion Strong response to Straight-Six derivative; DBX707 launched in February, setting the benchmark for ultra-luxury performance-oriented SUVS 18 ASTON MARTIN DBX 707 ASTON MARTIN ASTON MARTIN 2022 Aston Martin DBX707 targets Lamborghini Urus "It almost looks like a miniature Valkyrie-like diffuser has been placed between the new quad-exhaust outlets" - EVO New 2022 Aston Martin DBX707 is most powerful luxury SUV "The new DBX707 is a significantly uprated performance version of the Aston Martin DBX, with a raft of mechanical upgrades that make the most powerful luxury SUV from a mainstream manufacturer" - Autocar New Aston Martin DBX707; 697bhp SUV is Aston's most powerful DBX "A sabre in a segment of sledgehammers" - Top Gear "The sculpture of the car is highlighted incredibly well. It looks lower. It looks wider. There's carbon everywhere. It's super mean!" - Mr. JWW "Beating all of it's key competitors, the Aston Martin DBX707 is the fastest SUV in the world!" - Carwow#19Sustainability A new strategy embedding sustainable practices in everything we do Committed to SBTi net-zero standard Net-zero manufacturing facilities and 30% reduction in supply chain emissions by 2030 Net-zero supply chain target for 2039 Reducing resource consumption by 2025 Aiming for zero plastic packaging waste and waste for landfill Reducing water consumption by 15% Using 100% renewable energy since 2019 Investigating using more sustainable materials Targeting 25% female leadership within next five years Board diversity and inclusion already increased with female representation now approaching 30% ● ASTON MARTIN LAGONDA#20Team World-class leadership team and brand attracting top talent globally Unbelievably dedicated & talented Employee base has adapted and navigated the headwinds of 2020-2021 80% participation in 2021 employee survey 84% proud to work at Company F1TM inspired Performance-led culture & mindset Agility • Speed ● Strengthening team to transform business Transformation to engineering-led, performance-oriented ultra-luxury automaker ● Winning culture ● > 170 engineers hired Renewed focus on in-house IP development including software & skills related to electric drive Creation of Engineering Centres of Excellence with a global footprint Key hires across management Spanning the business, from operational to commercial functions ASTON MARTIN LAGONDA#21Creating a world-class ultra-luxury brand Strong progress to date, with ambitious plans for the future 21 CREATE desire, excitement and individuality in Product & Brand EXPAND product portfolio to strengthen core range with strategically-aligned Specials programme DELIVER engineering efficiencies and world-class technology O 10 STRENGTHEN dealer network to support growth and ultra-luxury positioning DEX GENERATE sustainable, profitable growth ASTON MARTIN#22SEARH Q&A ASTON MARTIN LAGONDA 7#23PE 44 8549 NUU Appendix C BMT 216A ASTON MARTIN LAGONDA#24Income statement, cash flow and balance sheet 2021 v. 2020 £m Revenue Cost of sales Gross profit Gross margin Operating expenses¹ (418.0) of which depreciation & amortisation 212.2 Adjusted EBIT Adjusting operating items (74.3) (2.2) (76.5) (137.3) EBIT Net financing expense of which adjusting financing items EBT 34.1 (213.8) 24.5 (189.3) Taxation (Loss) / profit for the period Adjusted EBITDA Adjusted EBITDA margin Adjusted EBT EPS² (pence) Adjusted EPS² (pence) 2021 1,095.3 (751.6) 343.7 31.4% 24 137.9 12.6% (245.7) (165.9) (200.8) 2020 Q4 2021 611.8 358.9 (500.7) (237.1) 111.1 121.8 18.2% 33.9% (336.0) 154.8 (224.9) (98.0) (322.9) (131.0) 74.8 (9.2) 0.9 (8.3) (143.1) (16.9) 21.2 (68.6) (466.0) 55.5 (410.5) (70.1) n.m. (299.4) (543.0) (369.9) (25.2) (7.5) (32.7) 65.6 18.3% (47.3) Q4 2020 341.8 (244.8) 97.0 28.4% (106.7) 57.2 (9.7) (84.1) (93.8) (64.3) (68.6) (158.1) 15.5 (142.6) 47.5 13.9% (5.4) £m Cash (used in) / generated from operating activities Cash used in investing activities (excl. interest) Net cash interest paid Free cash outflow Cash inflow from financing activities (excl. interest) Increase/(decrease) in net cash Effect of FX on cash / cash equivalents Cash balance Cash not available for ST use³ Borrowings Lease Liabilities Net debt Note: See Appendix for more detail on APMs; (1) excludes adjusting items; (2) EPS shown on a diluted basis; (3) Cash not available for use, but included in leverage calculations 2021 178.9 (185.2) (116.9) (123.2) 51.5 (71.7) 1.2 418.9 1.8 (1,208.9) (103.4) (891.6) 2020 (198.6) (260.7) (80.0) (539.3) 922.5 383.2 (1.7) 489.4 9.9 ASTON MARTIN Q4 2021 27.5 (49.0) (62.6) (84.1) 7.5 (76.6) 0.3 418.9 1.8 ASTON MARTIN (1,123.0) (1,208.9) (103.0) (103.4) (726.7) (891.6) Q4 2020 73.5 (56.6) (42.6) (25.7) 204.9 179.2 2.9 489.4 9.9 (1,123.0) (103.0) (726.7)#252021 quarter-on-quarter comparisons Income statement and cash flow £m Revenue Cost of sales Gross profit Gross margin Operating expenses¹ of which depreciation & amortisation Adjusted operating loss Adjusting operating items Operating loss Net financing expense of which adjusting financing items Loss before tax Taxation Loss for the period Adjusted EBITDA Adjusted EBITDA margin Adjusted loss before tax 25 Q1 2021 Q2 2021 Q3 2021 Q4 2021 FY 2021 224.4 (161.1) 63.3 28.2% 274.4 (194.4) 80.0 29.2% 237.6 (159.0) 78. 33.1% 358.9 (237.1) 121.8 33.9% (131.0) 1,095.3 (751.6) 343.7 31.4% (418.0) (78.6) (100.7) (107.7) 36.0 (15.3) (15.3) (26.9) 5.4 (42.2) 0.4 (41.8) 20.7 9.2% (47.6) 48.8 (20.7) (2.0) (22.7) (25.8) 8.6 (48.5) 19.2 (29.3) 28.1 10.2% (55.1) Note: See Appendix for more detail on APMs; (1) excludes adjusting items 52.6 (29.1) (1.1) (30.2) (67.7) (1.1) (97.9) 8.4 (89.5) 23.5 9.9% (95.7) 74.8 (9.2) 0.9 (8.3) (16.9) 21.2 (25.2) (7.5) (32.7) 65.6 18.3% (47.3) 212.2 (74.3) (2.2) (76.5) (137.3) 34.1 (213.8) 24.5 (189.3) 137.9 12.6% (245.7) £m Cash generated from operating activities Cash used in investing activities (excl. interest) Net cash interest (paid)/ received Free Cash outflow Cash inflow from financing activities (excl. interest) Increase/(decrease) in net cash Effect of FX on cash / equivalents Cash balance £m EBT Adjusting operating expenses Adjusting finance expenses/(income) Adjusted EBT Adjusted finance (income) Adjusted finance expense Adjusted EBIT Reported depreciation Reported amortisation Adjusted EBITDA 72.2 Q1 2021 Q2 2021 Q3 2021 Q4 2021 (47.6) (0.4) 24.2 64.4 88.6 (2.6) 575.4 (5.4) (47.6) (5.8) 31.6 38.1 (15.3) 12.2 23.8 20.7 (43.4) (56.7) (68.5) (2.0) (70.5) 0.7 505.6 (8.6) (55.1) (4.9) 47.6 39.3 (20.7) 16.6 32.2 28.1 (45.2) 2.8 5.2 (18.4) (13.2) 2.8 495.2 1.1 (95.5) 8.8 ASTON MARTIN Q1 2021 Q2 2021 Q3 2021 Q4 2021 (42.2) (48.5) (97.9) (25.2) 2.0 1.1 0.9 57.8 (29.1) 20.1 32.5 23.5 27.5 (49.0) (62.6) (84.1) 7.5 (76.6) 0.3 418.9 ASTON MARTIN (21.2) (47.5) (0.4) 38.5 (9.2) 25.7 49.1 65.6 FY 2021 178.9 (185.2) (116.9) (123.2) 51.5 (71.7) 1.2 418.9 FY 2021 (213.8) 2.2 (34.1) (245.7) (2.3) 173.7 (74.3) 74.6 137.6 137.9#26Alternative performance measures ASTON MARTIN 26 ASTON MARTIN In the reporting of financial information, the Directors have adopted various Alternative Performance Measures ("APMs"). APMs should be considered in addition to IFRS measurements. The Directors believe that these APMs assist in providing useful information on the underlying performance of the Group, enhance the comparability of information between reporting periods, and are used internally by the Directors to measure the Group's performance. Adjusted PBT is the loss before tax and adjusting items as shown on the Consolidated Income Statement Adjusted operating loss is loss from operating activities before adjusting items Adjusted EBITDA removes depreciation, loss/(profit) on sale of fixed assets and amortisation from adjusted operating loss Adjusted EBITDA margin is adjusted EBITDA (as defined above) divided by revenue Adjusted Earnings Per Share is loss after income tax before adjusting items, divided by the weighted average number of ordinary shares in issue during the reporting period Net Debt is current and non-current borrowings in addition to inventory financing arrangements, lease liabilities recognised following the adoption of IFRS 16, less cash and cash equivalents, cash held not available for short-term use Free cashflow is represented by cash (outflow)/inflow from operating activities less the net cash used in investing activities (excluding interest received) plus interest paid in the year less interest received.#27Disclaimer ASTON MARTIN ASTON MARTIN This presentation has been prepared by Aston Martin Lagonda Global Holdings plc ("AML") solely for use at the FY 2021 results analyst and investor meetings being held on Wednesday 23rd February 2022 in connection with a discussion of its FY 2021 results. For purposes of this notice, this "presentation” shall include these slides and any question- and-answer session that follows oral briefings by AML's executives. This presentation is for informational purposes only does not constitute an offer to sell or the solicitation of an offer to buy AML securities. Furthermore, this presentation does not constitute a recommendation to sell or buy AML securities. 27 No representations or warranties, express or implied, are made as to, and no reliance should be placed on, the accuracy, fairness or completeness of the information presented or contained in this presentation. This presentation contains certain forward-looking statements, which are based on current assumptions and estimates by the management of AML. Past performance cannot be relied upon as a guide to future performance and should not be taken as a representation that trends or activities underlying past performance will continue in the future. Such statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from any expected future results in forward-looking statements. These risks may include, for example, changes in the global economic situation, and changes affecting individual markets and exchange rates. AML provides no guarantee that future development and future results actually achieved will correspond to the forward-looking statements included here and accepts no liability if they should fail to do so. We undertake no obligation to update these forward-looking statements, which speak only as at the date of this presentation and will not publicly release any revisions that may be made to these forward-looking statements, which may result from events or circumstances arising after the date of this presentation. This presentation is confidential and is being delivered to selected recipients only. It may not be reproduced (in whole or in part), distributed or transmitted to any other person. By attending the meeting at which this presentation is being given, you will be deemed to have represented, warranted and undertaken that you have read and agree to comply with the contents of this notice.#28Aston Martin Lagonda Investor Relations Team investor.relations@aston martin.com www.astonmartinlagonda.com 'Ca Charlotte Cowley - Director of Investor Relations [email protected] Tel: +44 (0)7771 979764 Holly Grainger - Deputy Head, Investor Relations [email protected] Tel: +44 (0)7442 989551 a wi $4,78 Brandon Henderson - Senior Manager, Investor Relations [email protected] Tel: +44 (0)7585 326704 AMV E ASTON MARTIN LAGONDA ROSTA P