#1SIXT FY 2022 Investor Presentation PULLACH 2 MARCH 2023 SIXT#2DISCLAIMER 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 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 circumstances, create any implication that there 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 2#3FY 2022 HIGHLIGHTS SIXT#42022 WAS IMPACTED BY 3 MAJOR TRENDS Extraordinary effects COSTS 区 DEMAND Beginning of normalisation PRICING Structural and catch-up effects SIXT 4#5SIXT DID IT AGAIN: RECORD NUMBERS IN A CHALLENGING YEAR All KPI based on preliminary figures >> REVENUE [EUR m] Lih E EBT [EUR m] NET INCOME [EUR m] +34% 2,282.4 3,066.2 +24% 442.2 550.2 +23% 313.2 385.7 +34% RENTAL ASSETS 2.9 3.8 SEXT [EUR bn] -3pp. EQUITY RATIO [%] 38.6% 35.8% ༣། ما INDEX SDAX 2021 SIXT MDAX 2022 5 LO#62022 REVENUE EXCEEDS EUR 3 BN DRIVEN BY INCREASED INTERNATIONAL PRESENCE Highest EBT in the company's history Double-digit growth in all segments More than 70% of revenue generated abroad; US largest country in revenue terms Increased presence at Sixt's strategically most important 50 US airports by four Further investments in growth and service excellence Fleet increased 10% y-o-y despite severe vehicle shortage SIXT 6#7STRATEGY UPDATE EXPECT BETTER SIXT#84 A FOCUS USA: SIGNIFICANT GROWTH IN THE WORLD'S LARGEST RENTAL MARKET NORTH AMERICA REVENUE [EUR m] / REVENUE SHARE [%] NORTH AMERICA WORKFORCE EXPANSION [# Employees] US NETWORK EXPANSION [# Rental offices] 19.3 25.6 29.6 584.6 483.3 908.2 1,101 955 2019 2021 2022 Sources: Sixt data; Euromonitor International; US market data and own estimates 1,308 65 98 99 2019 2021 2022 2019 2021 2022 SIXT 8#9FOCUS USA: STEADY INCREASE IN MARKET SHARE - FURTHER RAMP-UP OF AIRPORT PRESENCE RENTAL MARKET USD 36 bn Top 50 Airports ~50% (Downtown markets) Source: Euromonitor International; US market data and own estimates ~50% (Airport markets) マツズ ** 4 A 3 ˊ Y 4 As of 1 March 2023 Sixt was present at 39 of its 50 most important airport stations in the US SIXT SIXT MARKET SHARE USA [%] 33 Market Size [USD bn] 23 29 39 36 2.8 2.4 1.7 1.4 2019 2020 2021 2022 2023E 9#10AL AND DON'T RENT SXXXT A CAR. RENT rent the ca THE CAR. Elevated Comfort 3MW X7 SIXT rent the car SIXT rent the car DON'T DRIVE A CAR DRIVE THE CAR. The Adventurous BMW X1 rent the car conic BMW 3 Series SIXT.COM SIXT.COM FUTFRONT PR Subway The Elevated Comfort of the BMW X7 SIXL.COM Subway Hmore SIXT.COM DON'T DRIVE A CA DRIVE THE CAR. REPERTON BUS LANE BUSES ONLY RIGHT TURNS EW YORK CONIC CRUISES#11- FUELLING THE PROFITABLE GROWTH ENGINE - RAMPING UP INVESTMENT IN PERSONNEL AND IT Increase in Personnel [Average number of employees]] +17% 7.509 6.399 Increase in TECH-Personnel [Average number of TECH employees] Personnel expenses/Revenue [%] 25% +10% 770 700 2021 2022 2021 2022 SIXT 0% Q1/22 Q2/22 Q3/22 Q4/22 11#12I I I I I I I I MARKETING SPENDING DOUBLED TO INCREASE BRAND AWARENESS 2020 Marketing expenses/Revenue (%; quarterly] 1 Marketing expenses more than doubled from 2021 to 2022 2021 SIXT I I I 2022 I I I I I I I I I 1 I I 12#13AVERAGE FLEET SIZE WELL ABOVE 2021 DESPITE ONGOING SEVERE VEHICLE SHORTAGE Average fleet size in Sixt's corporate countries [thousand] 50% 2019 Premium share¹ 155 129 176 2019 0: ~151 55% 2020 Premium share¹ 2021 2022 57% Premium share¹ 57% Premium share¹ 143 131 120 116 102 101 93 2020 0: ~114 152 149 144 139 133 125 20210: ~125 20220: ~138 Q1/19 Q2/19 Q3/19 Q4/19 Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 BMW, Mini, Audi and Mercedes; based on value share of infleeted vehicles SIXT 13#14FY 2022 RESULTS IN DETAIL SIXT#152022 SHOWED STRONG Y-O-Y REVENUE GROWTH FUELLED BY ALL SEGMENTS +18% -11% +35% +24% +55% +88% VS. 2021 vs. 2019 VS. 2021 VS. 2021 VS. 2019 vs. 2019 GERMANY EUROPE SIXT NORTH AMERICA 15#16DOUBLE DIGIT GROUP REVENUE AND PROFIT GROWTH THANKS TO FAVOURABLE MARKET TRENDS Group revenue [EUR m] QUARTERLY DEVELOPMENT Group EBT [EUR m] +78% +23% +34% +24% 550 3,066 44 442 2,501 745 2,282 125 588 283 308 652 997 1,532 48 780 353 799 Q4 147 463 744 253 130 627 Q3 229 501 73 506 488 581 Q2 330 66 78 93 40 -25 --14; 20191 2020 2021 2022 2019¹ -118 2021 2022 -5 -82 2020 'Excluding Leasing Business Quarterly figures may not add up to total due to rounding SIXT 16#172022 SEGMENT UPDATE: PERFORMANCE ABROAD STRONGLY ABOVE PRE-PANDEMIC LEVELS REVENUE¹ [EUR m] -11% +18% +24% +35% +88% +55% 978 1,278 870 908 679 740 1,033 946 577 483 585 264 20192 2020 2021 2022 20192 2020 2021 2022 20192 2020 2021 2022 SEGMENT GERMANY -8% -8% SEGMENT EUROPE CORPORATE EBITDA [EUR m] +68% +51% SEGMENT NORTH AMERICA +552% +14% 76 176 178 163 352 164 186 210 233 29 49 79 -52 20192 2020 2021 2022 20192 2020 2021 2022 20192 2020 2021 2022 'Share of Group revenue generated in the respective regional segments (Germany, Europe excl. Germany, and North America); 2Excluding Leasing Business SIXT 17#18HIGH EQUITY RATIO AND LOW NET FINANCIAL DEBT SECURE COMPETITIVE FINANCING Equity ratio [%] Interest coverage¹ [x] Net financial debt /Rental vehicles [%] Leverage ratio² [x] 38.6 35.8 11.8 Competitor 1 -3.0 Competitor 2 29.5 61 64 2.0 2.1 22.9 2021 2022 2021 2022 2021 2022 2021 2022 'EBITDA divided by net interest result; 2Net financial debt (financial liabilities net of cash balances) divided by EBITDA SIXT 18#19OUTLOOK 2023 SIXT#20FROM A TRANSITION YEAR 2022 TO A YEAR OF NORMALISATION 2022 2023 • 0° Extraordinary effects Continued investment and inflation impact COSTS 区 Beginning of normalisation Normalisation to progress further DEMAND Structural and catch-up effects PRICING Still significantly above 2019. SIXT 20#21HOTEL OCCUPANCY AND CAR PRODUCTION IN RECOVERY MODE 100 50 50 Hotel occupancy rate¹ [%] 20 20 18 16 14 % Change y/y 12 Car production² [m light vehicles] Europe³ North America -50 10 Jan 19 Jan 20 Jan 21 Jan 22 Nov 22 2019 2020 2021 2022 2023 2024 2025 'Average hotel occupancy rate for Germany, Spain, France and Italy; source: Eurostat, BNP Paribas Exane 2 Light vehicle production forecast, January 2023; source: IHS, Jefferies 3 Europe ex Russia SIXT 21#220% -50% EXPERTS EXPECT THE STRONG REBOUND IN AIRTRAVEL TO CONTINUE Passenger volume growth (vs. 2019)1[%] 100% Americas Europe Global Pax Volume Growth¹ 50% Lufthansa capacity development (in % OF 2019)2 [Average Seat Kilometer] Europe Americas Lufthansa total³ -100% 0% Jan 20 Jan 21 Jan 22 Dec 22 Jan 20 Jan 21 Jan 22 Sep 22 1IATA, STIFEL 2Lufthansa Group, Deutsche Bank 3 Average of Europe, Asia Pacific, Americas, Africa & Middle East, incl. Eurowings SIXT 22 22#23STRATEGIC FOCUS TOPICS FOR 2023 BUILD PREMIUM EXPERIENCES We boost SERVICE EXCELLENCE ооо Branch experience Customer service Ease & automation via digital services We boost OPERATIONAL EXCELLENCE Fleet availability Operations processes Cost efficiency VALUE-ADDING TECH & INNOVATION THE CORE: SIXT OUR BRAND HAVE THE DESIRE FOR GROWTH We expand the ORANGE FOOTPRINT FOSTER ENTREPRENEURSHIP & RESPONSIBILITY SIXT ○ Branch network Diversified product & customer segments Brand awareness We boost Revenue EV TO ICE О Utilisation PERFORMANCE О Customer acceptance 23 23#24SIXT BECOMES ACCELERATOR FOR E-MOBILITY - TARGET OF 70 TO 90% ELECTRIFICATION IN EUROPE BY 2030 Excitement about e-mobility D ~70% believe rental can reduce fears about e-mobility 62% say rental has positive influence on purchase SIXT as ACCELERATOR for EV adoption 63% see rental as possibility to try out EVs Source: On behalf of Sixt, TNS surveyed 1,518 Sixt customers who had just purchased a car or planned to purchase a car in the following 12 months (time period: February 17-28, 2022). SIXT 24 24#25OPPORTUNITIES O January Eurozone Composite PMI: 1st month of expansion since June 2022; further increase in February O Consumer confidence indicators rebounding strongly, too о Improved pricing environment vs. pre-Corona O Revenge travel reloaded: Excellent summer signals from travel industry о Access to vehicles continuously improving O Volume discipline: rental industry expected to rejuvenate fleet о Ample financial headroom and resilience Return to pre-pandemic non-risk ratio Growth financing secured: Biggest borrower's note loans transaction in Sixt's history with a volume of EUR 450 m was comfortably oversubscribed о O Rising refinancing costs and risk of fiscal overtightening Slower than expected disinflationary trend as labour markets stay tight Increased car supply could impair residual values and create a cap on rental pricing catch-up High geopolitical uncertainties; no return to unlimited supply of resources Risk of stricter COVID measures in case of new virus variant(s) Availability of (green) electricity SIXT CHALLENGES#26FIRST QUARTER 2023 OUTLOOK IMPACTED BY SEVERAL SPECIAL EFFECTS Q1 2023 Revenue [EUR m] 505.7 488.5 Q1/2019 329.9 + 10 to 25% 580.8 Q1/2020 Q1/2021 Q1/2022 Q1/2023 Q1 2023 EBT Driven by special effects (e.g. personnel and fleet costs) EBT Q1 2022 of EUR 93.5 m Burdened by special cost items (e.g. US marketing campaign) Q1 2023 EBT estimate: EUR 20 m to EUR 40 m SIXT 40 40 20 20 Q1/2022 Q1/2023 Q4 schematic seasonal EBT distribution (based on pre-pandemic pattern) 26#27FORECAST 2023 FACTORS IN FURTHER REVENUE GROWTH AND AGAIN AN OUTSTANDING EBT FORECAST FOR FULL YEAR 2023 。 Large increase in revenue O O EBT of EUR 430 to 550 m Further investments as well as inflation-related cost increases Forecast based on demand approaching pre-pandemic levels again, but at higher prices EUR 308 m 12.3%- 10% target SIXT EUR 430 m EUR 550 m EUR 550 m 17.9% - 10% target EBT 2019 EBT RANGE 2023 EBT 2022 27 27#28ATTRACTIVE DIVIDEND POPOSAL SHAREHOLDERS PARTICIPATE IN SIXT'S SUCCESS 37.2% 61.1% 52.7% 51.0% Ø PAYOUT RATIO: 62.1% 54.7% 47.8% 23.8% 49.6% (2011-2018; 2021) 74.4% 55.6% PAYOUT RATIO PROPOSAL TO AGM ON 23 MAY 2023 О DIVIDEND PROPOSAL FOR 2022 EUR 4.11 Dividend per common share EUR 4.13 Euro per preference share 50% payout ratio pre special dividend 。 Special dividend of EUR 2.00 on top 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Payout ratio based on consolidated profit after minority interests; payout ratio 2017 w/o special dividend for the sale of DriveNow; 2018 artificially low with DriveNow sales gain included in consolidated profit SIXT 28#29SIXT CONTACT DETAILS SIXT SE Investor Relations Zugspitzstrasse 1 82049 Pullach ☎ +49 (0)89 74444 – 5104 > [email protected] Prof. Dr. Kai Andrejewski CHIEF FINANCIAL OFFICER Nicole Schillinger HEAD OF INVESTOR RELATIONS