#1SIXT Investor Presentation Oddo BHF Forum / UniCredit & Kepler Chevreux GCC 9/16&17 January 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#3Q3 2022 HIGHLIGHTS SIXT 3#4Q3 2022 HIGHLIGHTS REVENUE [EUR m] EBT [EUR m] NET INCOME [EUR m] Q3 PERFORMANCE Y-O-Y 799.0 +25% 997.1 +12% 253.2 283.1 +2% 197.4 201.4 +16% RENTAL ASSETS 3.2 3.7 SEXT [EUR bn] EQUITY RATIO +2pp. 35.0% [%] Q3 2021 36.9% Q3 2022 SIXT 4#5Q3 BEST QUARTERLY RESULT - DRIVEN BY STRONG INTERNATIONAL GROWTH BEST Q-RESULT IN THE COMPANY'S HISTORY ALL SEGMENTS SHOWED SIGNIFICANT GROWTH; USA STRONGEST REVENUE CONTRIBUTION COUNTRYWISE FAVOURABLE MARKET ENVIRONMENT PROVIDED TAILWINDS FOR DEMAND AND PRICING CLOSE TO RECORD PROFITABILITY DESPITE CONSIDERABLE INVESTMENTS IN IT & PERSONNEL; >+1,000 EMPLOYEES YTD FLEET ALMOST ON PREVIOUS YEAR'S LEVEL DESPITE SEVERE VEHICLE SHORTAGE LAUNCH OF SUSTAINABILITY PROGRAMME TO FURTHER ACCELERATE CO2 REDUCTION AND DEMAND FOR SMART E-MOBILITY SIXT LO 5#6STRATEGY & BUSINESS UPDATE SIXT 6#716 EXPERIENCED AND ENLARGED MANAGEMENT BOARD 14 Konstantin Sixt Alexander Sixt Nico Gabriel Co-CEOS COO 19 3 Kai C. Andrejewski James Adams' Vinzenz Pflanz¹ CFO CCO CBO Years with Sixt 'Members of the Board since October 2022 SIXT#8STRONG INVESTMENT IN PREMIUM & INNOVATION: > 1,000 NEW EMPLOYEES SINCE START OF THE YEAR Total increase in Personnel [Average number of employees] 6,267 +1,106 7,373 Increase in Personnel - Operations [Average number of employees] Increase in Personnel - TECH [Average number of employees] +564 4,101 +68 704 3,537 636 ☐ 9M/21 9M/22 9M/21 9M/22 9M/21 9M/22 SIXT 8#9THE SIXT STRATEGY TREPRENEURSHIP Our People, Environmental, Social Scaling SIXT to a Global Mega Brand Building the UNE Premium Platform Strateg EXPECT BETTER SIXT TECH as Expand the Digitalization Engine the Orange Footprint Worldwide FINANCIAL INDEPENDENCE AND PER 1961 1 SIXT diamond 9#10+ ONE PREMIUM PRODUCT PLATFORM SIXT Truck SIXT Share • SIXT+ Car Subscription Business Launched in 2020, now available in all Corporate Countries • Flexible all-incl. offering • Stable monthly cash- flows for Sixt SIXT Rent Short- and Long-Term Car Rental • >240,000 vehicles • >2,100 branches Completely digital rental process via the SIXT App • Light Commercial Vehicle Rental • Division launched in 2021 • • >900 branches Free-floating carsharing High share of electrification - >70% battery electric vehicles • >2.5 million trips in 2021 • 0 SIXT Ride Ride Hailing and Event Service Business Currently available in more than 400 cities in 50 countries worldwide >>2,500 partners >5 million drivers • SIXT Micro Last Mile Micro Mobility: Scooter & Bikes >300k scooter journeys FROM LONG-TERM MOBILITY YEARS Asset Ownership Asset heavy KEY COMPETITORS Finn, VW Auto Abo, CARE by Volvo Asset Ownership Asset heavy KEY COMPETITORS Enterprise, Avis, Europcar, Hertz Asset Ownership Asset heavy KEY COMPETITORS Northgate, Europcar Asset Ownership Asset heavy KEY COMPETITORS Miles, ShareNow Asset Ownership Asset light KEY COMPETITORS Uber, Lyft TO SHORT-TERM MOBILITY MINUTES Asset Ownership Asset light KEY COMPETITORS Bird, Lime SIXT 10#11OUR VISION ФАР 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. A 2022 USD ~83 bn RENTAL MARKET DE 40 2025 USD 510 bn CAR RENTAL, RIDE HAILING, TAXI & CAR SHARING A Fi 2030 USD ~6,700 bn TOTAL MARKET INCL. PRIVATE CARS UNLIMITED OPPORTUNITY IN A USD 6.7 TN MARKET Sources: Statista; McKinsey SIXT 11#12GROWTH MODEL IN LINE WITH PARIS AGREEMENT AND EU GREEN DEAL GLOBAL UNITED NATIONS PARIS CLIMATE AGREEMENT EU THE EUROPEAN GREEN DEAL CO₂ NEUTRALITY SCIENCE BASED TARGETS SIXT's business model allows for quantitative growth, even under stricter regulatory conditions as it takes on a new quality. This quality is based on: Increased purchase of electric vehicles Sustainable usage of these vehicles through green power Provision of charging infrastructure Purchase of vehicles that are not only operated, but also produced sustainably (OEM guarantee until 2040) Promotion of shared mobility (with advantages for space requirements and energy consumption) Adjustment of purchasing behaviour and offsetting emissions that cannot be prevented CO2 emissions per EUR million revenue GREENHOUSE GAS PROTOCOL SIXT 2022 2025 2030 12#13OUR SUSTAINABILITY STRATEGY: APPROACH ON FOUR LEVERS AT THE SAME TIME CO₂ NEUTRALITY 360 DEGREES SUSTAINABLE ELECTRIC VEHICLES SHARED MOBILITY PLATFORM FREEDOM OF MOBILITY SIXT CHARGING INFRASTRUCTURE 13#14ALL SIXT PRODUCTS ADDRESS CHALLENGES OF ENERGY CONSUMPTION, EMISSIONS, AND CONGESTION ...ALL IN ONE APP SEXT SIXT rent a car RENT rent a truck SIXT ride RIDE HAILING *Source: CarSharing e.V., 2016 SIXT share CAR-SHARING SIXT micro MICRO MOBILITY SIXT+ SUBSCRIPTION + Trucks 20 Los Anges Downtow な 22. Jan 110:00 254 Jam / 20.823 SHARED CARS CAN RELIEVE CITIES SIGNIFICANTLY One car sharing vehicle can save up to 20 PRIVATE CARS and up to 200M² of PARKING SPACE* SIXT SHARED MOBILITY FOR MORE SUSTAINABILITY 14#15SIXT HAS BEEN THE FASTEST GROWING BRAND AMONGST TOP RENTAL CAR PLAYERS 2017-2022 SIXT 264% SIXT BRAND VALUE EUR Sources: Brand Finance January 2022 1.16 bn Europcar 117% Budget National 59% enterprise Alamo 40% Hertz 30% 22% 20% AVIS 2% SIXT 15#16SNAPSHOT EUROPE: SUBSTANTIAL MARKET SHARE GAIN OF >6PP IN 2021 VS. 2019 MARKET SHARES 2005 to 2021 Europe incl. Franchisees¹ Europe Corporate Countries2,3 Germany³ MARKET SHARE GROWTH IN EUROPE 2021 vs. 20193 SIXT 41% 39% Europcar 36% 34% 30% 31% 31% 23.8% 27% Avis -1.2pp 24% 17.5% 15% 13% 14% 12% 11% 11% 11% 11% 9% 9% 8% 7% 6% Hertz -3.5pp Enterprise -0.6pp Other -2.3pp 2005 2007 2009 2011 2013 2015 2017 2019 2021 'Figures 2005-2014 according to Jefferies (Research Report as of 1 April 2020) and figures 2015-2019 according to J.P. Morgan; 2Sixt European Corporate Countries including Germany, excluding Lux and Monaco; ³Market shares according to Euromonitor and own estimates SIXT +6.3pp +1.3pp 16#17SNAPSHOT USA: SIGNIFICANT GROWTH IN THE WORLD'S LARGEST CAR RENTAL MARKET US RENTAL MARKET SIZE 2019 USD bn SIXT'S US REVENUE EUR M SIXT'S US MARKET SHARE 13 ~31% 32 of total US rental market x1.2 2.63% 585 10 483 1.73% SIXT'S TOP 10 AIRPORTS MARKET SHARE Market leader x1.5 Miami 10.5% 12.7% 13.0% Airport 6.8% 5.0% 3.8% EU US CORPORATE MARKET COUNTRIES US TOP 30 AIRPORTS 2019 2021 2019 2021 2017 2019 2021 Sources: Euromonitor 2019 and 2021 studies, AutoRental News, US Market Data and own estimates SIXT 17#18LIMITED AND WELL-MANAGED RESIDUAL VALUE RISK OEMS NON-RISK RATIO O O O O Buy-back and leasing contracts Limited residual value risk Pre-defined prices Highly predictable cash generation SIXT rent a car 3-12 months RISK RATIO WELL-DIVERSIFIED SALES ORGANISATION SIXT Car Sales Best price о Low dependency Auctions High volume Fast cash generation Dealers Diversified network High price High volume SIXT 18#19HIGH EQUITY RATIO AND LOW NET FINANCIAL DEBT EQUITY RATIO [%] NET FINANCIAL DEBT [EUR bn] 38.6 36.9 31.5 26.8 26.2 27.8 25.5 3.3 2.6 2.2 2.1 1.7 1.6 2.2 2016 2017 2018 2019 2020 2021 9M/22 2016 2017 2018 2019 2020 2021 9M/22 Source: Annual Reports and Q3 2022 Statement; Interest Coverage calculated as EBITDA divided by net interest expense SIXT Interest Coverage 9M/22 36.8 19#20MATURITY PROFILE OF FINANCING SOURCES MATURITY PROFILE AS AT 30 SEPTEMBER 20221 [EUR m] 401 550 3 3 257 193 155 120 65 51 45 2022 2023 2024 2025 2026 2027 2028 'Financial liabilities as at 30 September 2022; Repayment amounts excluding accrued and in future payable interest; Lease liabilities resulting from leases recognised in accordance with IFRS 16 are not included SIXT NEW MATURITIES IN 2024: 332 3 250 300 228 29 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Bonds Borrower's note loans O Commercial papers Utilisation of bilateral credit lines 20#21Q3 2022 RESULTS IN DETAIL SIXT 21#22STRONG Q3 2022 Y-O-Y REVENUE GROWTH FUELED BY ALL SEGMENTS +9% -8% +20% +27% +57% vs. 2021 VS. 2019 VS. 2021 vs. 2019 VS. 2021 GERMANY EUROPE SIXT +103% vs. 2019 NORTH AMERICA 22 22#23DOUBLE DIGIT REVENUE AND PROFIT GROWTH THANKS TO FAVOURABLE MARKET TRENDS GROUP REVENUE [EUR m] CORPORATE EBITDA MOBILITY' [EUR m] GROUP EBT [EUR m] +28% +25% +88% +14% +93% +12% 997 328 283 253 288 780 799 174 147 Q3/19 Q3/21 Q3/22 Q3/19 Q3/21 Q3/22 Q3/19 Q3/21 Q3/22 Sum of Corporate EBITDA of segments Germany, Europe and North America SIXT 23#24Q3 2022 SEGMENT UPDATE: REVENUE AND PROFITABILITY ABROAD STRONGLY ABOVE PRE-COVID LEVELS -8% REVENUE¹ [EUR m] +27% +103% +9% +20% +57% 276 233 254 464 276 366 387 176 136 Q3/19 Q3/21 Q3/22 Q3/19 Q3/21 Q3/22 Q3/19 Q3/21 Q3/22 SEGMENT GERMANY SEGMENT EUROPE SEGMENT NORTH AMERICA -11% -30% CORPORATE EBITDA [EUR m] +71% +17% +734% +59% 74 177 58 152 52 104 62 99 62 12 Q3/19 Q3/21 Q3/22 Q2/19 Q3/21 Q3/22 Q3/19 Q3/21 Q3/22 Share of Group operating revenue generated in the respective regional segments SIXT (Germany, Europe excl. Germany, and North America) 24 24#25Q3 FLEET SIZE ALMOST ON 2021 LEVEL DESPITE ONGOING SEVERE VEHICLE SHORTAGE AVERAGE FLEET SIZE IN SIXT CORPORATE COUNTRIES PER QUARTER [thousands] 176 155 129 152 -2% 149 139 133 125 116 ليالير 9M 2022 Ø: ~136 143 131 120 102 101 يزا 9M 2021 Ø: ~121 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 SIXT 25#26EXCELLENT STANDING IN FINANCING MARKETS SECURE ACCESS TO FINANCIAL RESOURCES EQUITY RATIO [%]¹ SIXT LESS IMPACTED BY INTEREST HIKES – LOWEST FINANCIAL DEBT LEVEL AND HIGHEST EQUITY RATIO AMONG LISTED PEERS 36.9 EXPANDED FINANCIAL HEADROOM - REVOLVING CREDIT FACILITY INCREASED BY EUR 200 M TO EUR 950 M AT SIGNIFICANTLY IMPROVED CONDITIONS VS. 2021 OVERALL FINANCING COSTS BENEFIT FROM LACK OF HIGH GOODWILL OR OTHER INTANGIBLES As of 30 September 2022 SIXT Sixt 12.7 -2.0 Competitor 1 Competitor 2 26#27OUTLOOK SIXT 27 27#28MACRO UNCERTAINTIES COULD IMPACT SIXT'S CORE MARKETS GEOPOLITICAL UNCERTAINTY • Russian invasion of Ukraine • Deglobalisation trend • Availability of energy • No return to unlimited supply of resources and goods ELEVATED ENERGY PRICES • Weaponization of • energy Risk of power outages • Impact on corporate sector DIVERSIFICATION fosters balancing risks • • . INFLATIONARY PRESSURES Still on the rise Plummeting consumer confidence Deteriorating purchase manager indices • • INTEREST RATE HIKES Further rate hikes by Central Banks expected to combat inflationary pressures Euro crisis might reaccelerate . AA DRIVERS OF SIXT'S RESILIENCE VARIABILITY ... of the cost base FLEET ...managed with foresight SIXT FINANCIAL SOLIDITY at below-industry cost COVID-19 • Risk of stricter measures again in winter Remaining zero- COVID-19 policy in China со ESG ... strategy launched 28#29NORTH AMERICA AIRPORT NETWORK IS CONSTANTLY GROWING VAN 1 YYC SEA PDX I YUL BOS YYZ MSP ODTW JFK, EWR, LGA SLC ORD CLEO PHL OMDW ΦΡΙΤ BWI DCA SFO EGE DEN MCI OCMH IND IAD SJC ASE STLO ORDU CVG LAS BNA① CLT LAX SNA ABQ ATL PHX SAN DFW I JAX AUS MCO SAT OMSY TPA PBI OGG IAH RSW FLL ΜΙΑ LIH HNL KON SIXT Existing Confirmed ○ Under review for 23/24 29#30DIGITAL BOOKING EXPERIENCE FOR 20 YEARS SIXT APP (CAR VIA APP) FOR 8 YEARS AAS 020 RESERVE NOW ww @ Branches DIGITAL CAR RENTAL O Search for sily or place SIXT CAR RENTAL DEALS AND PRODUCTS DISCOVER SIXT'S CAR RENTAL FLEET Websites I SIXT Jun 16 12:30 PM U 30 AM WE HOW AVERA 14:50 SIXT RENT RENT? SHARE? RIDE? APP! 3 DSPHEN ES APP SHARE RIDE D 30#319M/22 AVERAGE NUMBER OF EMPLOYEES IN SIXT TECH Lisbon Q3/2022 Munich 345 Kiev 79* SIXT TECH LOCATIONS Bangalore 280 KEY PROJECTS Optimising the booking experience (Web & APP) ONE payment flow Price automation & optimisation Digitised branch operation & fleet management SIXT+ RIDE 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. SIXT 31#3261.1% RELIABLE DIVIDEND OVER THE YEARS 52.7% 51.0% 62.1% .54.7% .47.8% 37.2% Ø DIVIDEND 49.56 % 4.00€ (PAYOUT RATIO 2011-2018; 2021) 23.8% 2.15€ 1.65€ 1.50€ 1.20€ 1.00€ 1.00€ 0.75€ 2011 2012 2013 2014 55.6% 3.70€ 0.3% 0.0% 0.00€ 0.00€ 2015 2016 2017 2018 2019 2020 2021 Dividend per ordinary share and payout ratio based on consolidated profit after minority interests 2011-2021 SIXT 32 32#332022 OUTLOOK REVENUE BETWEEN EUR 2.8 BN AND EUR 3.1 BN EBT AT THE UPPER END OF THE PREVIOUSLY COMMUNICATED¹ RANGE OF 500 M TO EUR 550 M O Still positive market environment in terms of both demand and prices Risks resulting from a possible slowdown in spending and travel difficult to predict Probability and extent of possible business cool down hard to project Risk of continued cost increases stemming from high inflation levels Customer and regional diversification as well as healthy balance sheet and solid financial headroom support further anticyclical investments. Published on 14 September 2022 SIXT 33 33#34SIXT 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 Sophia Patzak SENIOR PROFESSIONAL INVESTOR RELATIONS