#1SIXT SIXT Q1 2023 INVESTOR PRESENTATION PULLACH, 11 MAY 2023#2LEGAL 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. 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 SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 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. 2#3SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 Q1 2023 HIGHLIGHTS Drive O SIXT 3200 3#4Q1 DRIVEN BY FLEET RECOVERY AS WELL AS RAMP UP AND INFLATION EFFECTS REVENUE [EUR m] EBT EBT [EUR m] +20% 580.8 695.1 -64% 93.5 33.3 -67% NET INCOME [EUR m] 66.4 22.2 +41% RENTAL ASSETS 2.7 3.8 SIXT [EUR bn] -4pp. الله EQUITY RATIO 39.4% 35.1% [%] +18% EMPLOYEES [average] 6,949 8,165 Q1 2022 Q1 2023 SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 4#5DO Q1 2023 FLEET SIGNIFICANTLY ABOVE PRE-PANDEMIC LEVELS HIGHEST Q1 REVENUE in company's history Q1 EBT ABOVE MIDPOINT of guided range Balance of GROWTH INVESTMENT and INCREASED COST CONSCIOUSNESS NEW AIRPORT PRESENCE in Pittsburgh, Washington DCA, Toronto and London SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 D EV1 share in Europe NORTH OF 20% FLEET UP 19% yoy and 15% vs. pre-COVID Including PHEV and MHEV 5#6STRATEGY UPDATE EXPECT BETTER SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 6#7CAMPAIGN IN MODERNISED BRAND DESIGN FURTHER INCREASE ENTHUSIASM FOR E-MOBILITY SIXT Rent electromobility SIXT Rent electromobility SIXT THIS IS NOT A SEAT BELT. SIXT Rent electromobility EMITS NOTHING BUT ADRENALINE. Rent the full-electric BMW iX from 79€/day. WATTS UP, FOLKS! Rent the full-electric BMW iX from 79€/day. THIS IS LOVE AT FIRST CLICK. SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 7#8MARKETING CAMPAIGN IN THE US PAYS OFF IN TERMS OF INCREASING BRAND AWARENESS 2020 SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 MARKETING EXPENSES/REVENUE [%; quarterly] 2021 Marketing expenses more than doubled from 2021 to 2022 I I I I I I SEPT MAR 2022 2023 US BRAND AWARENESS HAS MORE THAN TRIPLED 2022 2023 8#9RECORD FLEET ABOVE PRE-COVID LEVEL ELECTRO SHARE SIGNIFICANTLY INCREASED AVERAGE FLEET SIZE [number of vehicles] 129,200 130,900 149,000 93,200 125,300 Q1 2019 Q1 2020 Q1 2021 Q1 2022 Q1 2023 EV-SHARE IN EUROPE [%] +9%P 22 13 8 2 1 Q1 2019 Q1 2020 Q1 2021 Q1 2022 Q1 2023 SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 Fleet numbers in corporate-countries (without franchise); EV share incl. PHEV and MHEV 90 90 70 70 Target 2030 9#10SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 Q1 2023 RESULTS IN DETAIL 10#11Q1 SHOWED STRONG YOY GROWTH IN ALL SEGMENTS - GERMANY BACK ON 2019 LEVEL GERMANY EUROPE +22% vs. 2022 +0% vs. 2019 +17% vs. 2022 +42% vs. 2019 SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 NORTH AMERICA +22% vs. 2022 +104% vs. 2019 11#12Q1 2023 SEGMENT UPDATE: EARNINGS IMPACTED BY STRUCTURAL AND INFLATIONARY COST EFFECTS 179 135 +22% REVENUE [EUR m] +17% 218 213 110 Q1 2021 Q1 2022 Q1 2023 Q1 2021 Segment Germany 34 -73% -5 Q1 2021 Q1 2022 Q1 2023 SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 249 186 82 Q1 2023 Q1 2021 Q1 2022 Segment Europe CORPORATE EBITDA¹ [EUR m] 42 -58% 18 17 5 Q1 2021 Q1 2022 Q1 2023 +22% 226 Q1 2023 Q1 2022 Segment North America 52 -11% 46 Q1 2021 Q1 2022 Q1 2023 1Since the end of 2022 depreciation of rental vehicles contains the depreciation of right of use assets for rental vehicles financed by lease contracts, that was reported under depreciation of property and equipment previously. The prior year comparative figures have been adjusted accordingly. 12#13HIGH EQUITY RATIO AND LOW NET FINANCIAL DEBT SECURE COMPETITIVE FINANCING EQUITY RATIO [%] 39.4 35.1 Q1 2022 Q1 2023 INTEREST COVERAGE¹ [X] 25.2 12.6 Q1 2022 Q1 2023 NET FINANCIAL DEBT /RENTAL VEHICLE [%] 49 63 Q1 2022 Q1 2023 SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 1EBITDA divided by net interest result; 2Net financial debt (financial liabilities net of cash balances) divided by EBITDA 13#14Brand Value of USD 1.3 bn¹ not recognised on balance sheet Other non- current assets mainly real estate property & equipment of EUR 657 m Very clean balance sheet as 87% of assets are cash or investments in vehicles and working capital STRONG BALANCE SHEET QUALITY WITH 87% EARNINGS ASSETS SIXT BALANCE SHEET as of 31 Mar 2023 5,662 Goodwill & Intangibles 73 Other Non-Current Assets 687 [EUR m] 5,662 1,988 Equity 35.1% High equity ratio of 35.1% - far above competition Rental Vehicles 3,841 Non-Current Financial Liabilities 87% 1,815 Other Non-Current Liabilities & Provisions 83 Current Financial Liabilities 757 Trade Payable & Other Current Liabilities / Provisions Financial liabilities include IFRS 16 lease liabilities in the amount of EUR 359 m (non- current) and EUR 158 m (current) (mostly rental stations lease and airport licenses) Working Capital / Other Assets 911 1,019 Cash & Bank Balances 151 Assets Equity and Liabilities SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 Source: Q1 Statement 2023; Brand Finance, January 2022 14#15NO CORPORATE DEBT - WE ONLY FINANCE OUR FLEET Non-Buy-Back 1,842 FLEET AND FINANCING STRUCTURE as of 31 Dec 2022 [EUR m] 711 Current Financial Liabilities adj.1 Buy-Back 1,845 1,257 Non-Current Financial Liabilities adj.1 Rental Vehicles SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 Financial Liabilities Cash & Bank Balances 27 million >EUR 1 billion Headroom Figures in EUR million unless otherwise indicated. Source: Annual Report 2022; 1Lease Liabilities (IFRS 16) as well as right-of-use assets (IFRS16) have been deducted from Rental Vehicles (EUR 146 m) and current and non-current financial liabilities for comparison purposes (EUR 537 m). 15 15#16341 810 550 WELL-BALANCED FINANCE MIX MATURITY PROFILE as of 31 March 20231 [EUR m] 350 MATURITIES IN 2024: 250 332 300 228 29 3 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 75 241 120 158 350 257 238 100 Bonds Commercial Paper 146 155 51 Borrower's note loans 100 51 0 3 Utilisation of bilateral credit lines 2023 2024 2025 2026 2027 2028 2029 2030 SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 Source: Annual Report 2022; Q1 Statement 2023 ¹Financial liabilities as of 31 March 2023; Repayment amounts excluding accrued and in future payable interest; Lease liabilities resulting from leases recognised in accordance with IFRS 16 are not included; 16 16#17OUTLOOK 2023 SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 0 17#18GLOBAL TRAVEL & TOURISM INDUSTRY - CAGR OF ALMOST 6% EXPECTED 43.7% FORECAST OF THE WORLD TRAVEL & TOURISM COUNCIL1 [GROWTH RATE IN %] Travel & Tourism CAGR (2022-2032) 5.8% 0% 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 -50.4% SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 ¹WTTC Report, August 2022 2032 T&T GDP growth World GDP growth 18#19REASSURING GUIDANCE FROM OTHER TRAVEL COMPANIES CRUISING¹ Royal Caribbean Group CARNIVAL CORPORATION & PLC 7 These strong booking trends resulted in an acceleration of our booked position in relation to prior years. In addition, the company is generating significantly more bookings at meaningfully higher prices than in prior years, particularly from the North American consumer 7 The company experienced the highest booking volumes for all future sailings for any quarter in its history; we are well booked for the remainder of the year at higher prices TOURISM² TRAVEL+ LEISURE BOOKING HOLDINGS 7 Bookings for Summer 2023 are significantly up +13% yoy and at 96% (+7%pts since Q1 2023) of prepandemic levels 7 In the last six weeks, booking momentum has remained strong, +6% ahead of the Summer 2019 comparison reconfirming the positive and encouraging trends for this Summer 7 Steady summer bookings as well as the continuing strength in VPG give us confidence to carry through the performance in the first quarter to the full year and we are raising our outlook 7 Compared with 2019, we'd expect future room night growth in 2023 to be just over 20%; we expect Q2 gross bookings to grow about four points faster room nights on a yoy basis 7 Very strong growth in bookings for the summer SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 ¹Royal Caribbean Group,: News Release 4 May 2023; Carnival: News Release, 27 March 2023 2TUI: News Release H1 2023, 10 May 2023; Travel+Leisure: News release, 26 April 2023; Booking Holdings: Q1 2023 Earnings Call Transcript, 4 May 2023 19 19#20Airlines¹ REASSURING GUIDANCE FROM THE INTERNATIONAL AIRLINE SECTOR M /Flughafen München 7 In 2023 we anticipate another significant increase in our revenue. 7 We now expect a travel boom in the summer as well as a new record in our traffic revenue for the year as a whole; catch-up effects after the pandemic are still clearly noticeable. The company therefore expects a very strong travel summer, especially for private travel. 7 We see continued strong booking momentum into summer as customers prioritise spending on travel easyJet Eurowings 7 Eurowings CEO expects flight prices to rise by around 20% for summer bookings ▲ DELTA INTERNATIONAL IAGAR AIRLINES GROUP 7 Expect record June quarter revenue; with record advance bookings for the summer, we expect June quarter revenue to be 15 to 17 percent higher on capacity growth of 17 percent yoy 7 We expect capacity to be around 97% of 2019 levels for the full year, as we focus on our core markets SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 ¹Munich Airport: News Release 18 April 2023; Lufthansa: News Release 3 May 2023; easyJet: News Release 18 April 2023; Eurowings: Reuters, 21 April 2023 Delta Airlines, News Release, 13 April 2023; IAG: News Release, 5 May 2023 20#21OPPORTUNITIES 7 Eurozone inflation further in decline 7 Pricing environment still significantly better than 2019 7 Revenge travel reloaded: excellent summer signals from travel industry 7 Sufficient access to vehicles 7 Volume discipline: rental industry expected to rejuvenate fleet 7 High level of resilience and balance sheet quality; well diversified financing tool case 7 Very satisfactory start of second quarter ✓ Challenges 7 Rising refinancing costs and risk of fiscal overtightening 7 High geopolitical uncertainties 7 Availability of (green) electricity 7 Residual value risk SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 21 21#22FORECAST 2023: FACTORS IN FURTHER REVENUE GROWTH AND AGAIN AN OUTSTANDING EBT FORECAST FOR FULL YEAR 2023 CONFIRMED 7 Large increase in revenue 7 EBT of EUR 430 to 550 m 7 Based on positive indications for summer season, pricing environment significantly above 2019 and improved fleet availability 12.3% 10% target SIXT Q1 2023 INVESTOR PRESENTATION | MAY 2023 EUR 308 m EUR 550 m EUR 550 m .17.9% ✓ EUR 430 m EBT 2019 EBT RANGE 2023 EBT 2022 10% target 22 22#23PROF. DR. KAI ANDREJEWSKI SIXT KONTAKT Sixt SE Investor Relations Zugspitzstrasse 1 82049 Pullach +49 (0)89 74444-5104 [email protected] NICOLE SCHILLINGER Chief Financial Officer Head of Investor Relations CHRISTIAN WEISS Executive Investor Relations