Capturing Performance Improvement Opportunities

DIVISIONAL MID-TERM TARGETS AND GUIDANCE Civil Aerospace Operating margin mid-term target Market growth: Widebody Market growth: Business Aviation Large engine deliveries Business Aviation deliveries Large engine refurbs Large engine total shop visits Widebody LTSA engine flying hours (EFH) Business Aviation EFH LTSA balance (net of risk & revenue partners) Defence Operating margin mid-term target Market growth: Combat and Transport Power Systems Operating margin mid-term target Market growth: Power Generation Market growth: Mobile applications 15-17% 5-7% (CAGR 2022 - 2030) 3-5% (CAGR 2022 - 2030) 300-350 250-300 700-750 1,100-1,200 120-130% of 2019 vs. 80-90% 2023 120-130% of 2019 vs. 110% 2023 £0.8bn-£1.2bn growth p.a. 14-16% 0-2% (CAGR 2022 - 2030) 12-14% 5-7% (CAGR 2022 - 2030) 4-6% (CAGR 2022 - 2030) © 2023 Rolls-Royce Not Subject to Export Control

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