Global Expansion and Business Achievements

6 ❘ 2023 © Elbit Systems Proprietary Financial Results | Q4 2022 2021 2022 Change Sales ($M) 1,494 1,506 8.0% Non-GAAP Operating Profit ($M) 120 103 (14.2%) Non-GAAP Operating margin (%) 8.0% 6.8% (119 bps) GAAP Operating Profit ($M) 107 120 12.1% GAAP Operating Profit margin (%) 7.2% 8.0% 81 bps Non-GAAP Earnings per share ($) 2.14 1.68 (21.5%) GAAP Earnings per share ($) 0.18 1.91 961% Operating cash Flow ($M) Backlog ($M) 260 13,700 195 (65m) 15,100 10.7% *For non-GAAP reconciliations reference the appendix to this presentation and Elbit Systems' investor relations website Elbit Systems™

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