Rheinmetall Ag · XETR:RHM

Rheinmetall — Investor Day (November 2019)

20 slides from Rheinmetall's investor day presentation, Nov 20, 2019

1. Slide 1: Capital Markets Day 2019 Automotive

   RHEINMETALL Capital Markets Day 2019 AUTOMOTIVE Rene Gansauge, President Division Mechatronics Unterlüß | 20. November 2019

2. Slide 2: Leading technology provider for efficiency, emission and electrification

   Leading technology provider for efficiency, emission and electrification 2018 Automotive KPI €2.9bn 55% €262 m 63% Mechatronics Sales Operating profit Hardparts Aftermarket Division Mechatronics  Actuators  Automotive Emission Systems Production  Commercial Diesel Systems site  Pump Technology M

3. Slide 3: © Rheinmetall AG / Capital Markets Day 2019

   © Rheinmetall AG / Capital Markets Day 2019 3

4. Slide 4: Carburator E-Mobility

   Carburator E-Mobility illustrative © Rheinmetall AG / Capital Markets Day 2019 4

5. Slide 5: Market trends: The growth drivers of Mechatronics remain strong

   Market trends The growth drivers of Mechatronics remain strong NT E 3+ Efficiency (CO2 Reduction) Emission (Reduction) Electrification Outside powertrain The innovation pipeline for all three trends is packed! © Rheinmetall AG / Capital Markets Day 2019 5

6. Slide 6: Favorable increase of book to bill ratio due to rising order intake

   Favorable increase of book to bill ratio due to rising order intake 4.000 1.5x 1.5x 1.5x 1.7x 2.0x Book to bill ratio 3.000 Sales Order intake 2.000 1.000 >50% of order intake for new business 0 2015 2016 2017 2018 9m 2019 © Rheinmetall AG / Capital Markets Day 2019 6

7. Slide 7: © Rheinmetall AG / Capital Markets Day 2019

   © Rheinmetall AG / Capital Markets Day 2019 7

8. Slide 8: First to market with an innovative product for ICE

   First to market with an innovative product for ICE €700m orders booked until USP Mechatronics 2026 Regulatory requirements for emissions increased Serial production started in mid-2018 High delivery at low pressure levels Serial production of > 750k units in 2019 Production in USA and China © Rheinm

9. Slide 9: © Rheinmetall AG / Capital Markets Day 2019

   © Rheinmetall AG / Capital Markets Day 2019 9

10. Slide 10: Leveraging our capabilities

    Leveraging our capabilities Application Cooling / Heating of high performance batteries Cooling of e-engine Cooling of DC-DC Converter, Inverter, Onboard Charger Global market leader in electric cooling pumps (20-450W) Life time > 40.000h NVH sensitive Market 2025 ~25m vehicles @ ~ >€1.6bn total val

11. Slide 11: Functionality is important for every day use

    Functionality is important for every day use De-icing windscreen De-fogging windscreen Air stream Air stream © Rheinmetall AG / Capital Markets Day 2019 11

12. Slide 12: We created outstanding USP for the product

    We created outstanding USP for the product USP Mechatronics Designed for AC, heat pump and battery cooling operation High efficiency over the entire operating range: - innovative scroll design - high flow rate due to robust back pressure system Optimized NVH performance Market size 2025 > €2.5bn © R

13. Slide 13: HV Contactors are a safety critical element for BEV

    HV Contactors are a safety critical element for BEV HV Contactor  HV Contactors are mandatory for all EVs with HV battery.  HV Contactors have to safely interrupt the electric circuit and secure a safe (i.e. voltage-free) state.  Market size 2025 > €0.6bn © Rheinmetall AG / Capital Markets Day 20

14. Slide 14: © Rheinmetall AG / Capital Markets Day 2019

    © Rheinmetall AG / Capital Markets Day 2019 14

15. Slide 15: Fuel Cell is a pioneering technology

    Under Fuel Cell is a pioneering technology development contract from German Premium OEM Application Maintain product leadership for hydrogen recirculation blower Capitalize our capabilities Participate in growth potential of the fuel cell technology 7x © Rheinmetall AG / Capital Markets Day 2019 15

16. Slide 16: Compact Door Actuator

    Compact Door Actuator © Rheinmetall AG / Capital Markets Day 2019 16

17. Slide 17: Functionality

    Functionality Automated door handling Hold function in any door position, even on a slope or an incline Servo function = easy movement of the door, especially on slopes © Rheinmetall AG / Capital Markets Day 2019 17

18. Slide 18: USP Mechatronics

    USP Mechatronics Compact design Innovative gear design for low noise level Powerless holding function Total market of electric side door > 4 million vehicles in 2025 © Rheinmetall AG / Capital Markets Day 2019 18

19. Slide 19: How to fill the gap

    HOW TO FILL THE GAP EV‘s & Fuel Cell Products w/o Aquisition illustrative © Rheinmetall AG / Capital Markets Day 2019 19

20. Slide 20: © Rheinmetall AG / Capital Markets Day 2019

    © Rheinmetall AG / Capital Markets Day 2019 20

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