Financial Performance and Guidance

CIVIL AEROSPACE → Underlying results £m 2023 2022 Organic Change Organic Change % KEY POINTS Revenue 7,348 5,686 +1,645 29% • Gross profit 1,394 853 +540 • 63% · Gross margin % 19.0% 15.0% +4.0pts Operating profit 850 143 +710 497% · Operating margin % 11.6% 2.5% +9.1pts Trading cash flow 626 226 +400 177% UNDERLYING REVENUE SPLITS 63% 37% ■ OE 36% ■Services 25% 20% 3% 4% 0 Higher widebody aftermarket profits Higher business aviation profits Efficiency and strategic actions drive lower indirect costs Strong progress improving onerous contracts offset by the impacts of supply chain challenges OE DELIVERIES ROLLS R ROYCE LARGE ENGINE OE DELIVERIES 458 +29% 262 +38% ■Large engines 33% LTSA ENGINE FLYING HOURS Business Aviation 22% 73% ■Regional 15% V2500 6% 16.5m +25% TOTAL LTSA SHOP VISITS 1,227 +18% ©2024 Rolls-Royce Not Subject to Export Control 23

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