Slide 1: Earnings Call: Q1 / Three-Month Results 2025
EARNINGS CALL | Q1 / THREE-MONTH RESULTS 2025 MAY 8, 2025 MARCO FUCHS, CEO KURT MELCHING, CFO DR. MARKUS MOELLER, CSO EARNINGS CALL: Q1 / THREE-MONTH RESULTS 2025 | MAY 8, 2025 BASIERT AUF: TM-2230-OHBG_02 1
Slide 2: Business Segment Overview
BUSINESS SEGMENT OVERVIEW ESTABLISHMENT OF OHB SPACE UK IS INTENDED TO POOL AND FURTHER DEVELOP CRITICAL KNOWLEDGE ACROSS RELEVANT AREAS OF THE SPACE INDUSTRY TO ASSUME RESPONSIBILITY AT SYSTEM LEVEL IN THE FUTURE EARNINGS CALL: Q1 / THREE-MONTH RESULTS 2025 | MAY 8, 2025 2
Slide 3: Segment Highlights: Space Systems
SEGMENT HIGHLIGHTS Segment SPACE SYSTEMS ▪ Order for third CO2M satellite received from ESA − Additional satellite will increase number of measurements significantly, enabling Europe to monitor global emissions faster and with better data quality − Contract value: ~ EUR 175 million ▪ OHB tasked with
Slide 4: Segment Highlights: Space Systems
SEGMENT HIGHLIGHTS Segment SPACE SYSTEMS ▪ Positive feedback on initial test results of the Arctic Weather Satellite − Prototype for a planned constellation called EPS-Sterna → Shall also be based on OHB Sweden’s InnoSat platform − Data confirmed to be of comparable quality to that provided by signi
Slide 5: Segment Highlights: Aerospace and Digital
SEGMENT HIGHLIGHTS Segment AEROSPACE ▪ MT Aerospace AG − Second flight of Ariane 6 marks start of commercial operations − Successful launch conducted on March 6, 2025 − Continuous increase in production volume expected in coming years − Work share at Guiana Space Center in French Guiana expanded ▪ R
Slide 6: Development of Order Backlog
DEVELOPMENT OF ORDER BACKLOG IN EUR MILLION 2632 2300 2439 2399 2382 2314 2100 2121 1840 1875 1749 1600 1700 1600 1200 1000 834 534 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Q1 2025 EARNINGS CALL: Q1 / THREE-MONTH RESULTS 2025 | MAY 8, 2025 6
Slide 7: The Group in Brief
THE GROUP IN BRIEF FINANCIAL FIGURES IN EUR 000 Q1 2025 Q1 2024 Change in % Order backlog (March 31) 2,314,191 1,724,568 +34 Total revenues 242,388 206,725 +17 EBITDA 19,147 19,342 -1 Adjusted EBITDA 22,096 20,007 +10 EBIT 9,472 10,230 -7 Net profit after minorities 4,966 4,767 +4 EPS (EUR) 0.26 0.2
Slide 8: Development of Financial Key Figures for the Group
DEVELOPMENT OF FINANCIAL KEY FIGURES FOR THE GROUP IN EUR MILLION Total revenues Profitability EBITDA EBIT 242 21.5 202 207 20.2 19.9 19.3 19.1 190 182 12.5 11.4 11.4 10.2 9.5 Q1 2021 Q1 2022 Q1 2023 Q1 2024 Q1 2025 Q1 2021 Q1 2022 Q1 2023 Q1 2024 Q1 2025 Q1 2025 EBIT margin: 3.9 % (Q1 2024: 4.9 %)
Slide 9: Reconciliation of EBITDA to Adjusted EBITDA
RECONCILIATION OF EBITDA TO ADJUSTED EBITDA* IN EUR MILLION +10 % * = Further information is available in our annual report 2024 EARNINGS CALL: Q1 / THREE-MONTH RESULTS 2025 | MAY 8, 2025 9
Slide 10: Financial Outlook 2025 – 2027
FINANCIAL OUTLOOK 2025 – 2027 Total revenues Profitability in EUR million in % ~ 1500 EBITDA EBIT ~ 1400 ~ 1200 > 12 ~ 10 ~9 >9 ~7 ~6 2025 2026 2027 2025 2026 2027 EARNINGS CALL: Q1 / THREE-MONTH RESULTS 2025 | MAY 8, 2025 10
Slide 11: OHB Is on a Path for Sustainable Growth with Annual Order Intake Over EUR 2 Billion
OHB IS ON A PATH FOR SUSTAINABLE GROWTH WITH AN ANNUAL ORDER INTAKE OF OVER EUR 2 BILLION GROUP ORDER INTAKE*: GROWTH IN ALL DOMAINS EO: ESA / ESTEC, BAAINBw, DLR, ASI, TAS-I, Airbus DS, EU 2.8 2.3 2.1 1.7 SatCom: SpaceRISE, Airbus DS, ESA, TAS-I, DLR 0.9 0.7 Science: ASI, TAS-I, ESA / ESTEC 0.4 202
Slide 12: Financial Calendar
FINANCIAL CALENDAR May 8, 2025 Q1 2025 results / Earnings call June 12, 2025 Annual General Meeting August 7, 2025 Q2 2025 results / Earnings call November 13, 2025 Q3 2025 results / Earnings call EARNINGS CALL: Q1 / THREE-MONTH RESULTS 2025 | MAY 8, 2025 12
Slide 13: Q&A
Q&A EARNINGS CALL: Q1 / THREE-MONTH RESULTS 2025 | MAY 8, 2025 13
Slide 14: Thank You!
THANK YOU! OHB SE Manfred-Fuchs-Platz 2-4 28359 Bremen Germany Phone: +49 421 2020 6426 Email: ir@ohb.de Web: www.ohb.de EARNINGS CALL: Q1 / THREE-MONTH RESULTS 2025 | MAY 8, 2025 14