Slide 1: Earnings Call | Q2 / Six-Month Results 2025
EARNINGS CALL | Q2 / SIX-MONTH RESULTS 2025 AUGUST 7, 2025 MARCO FUCHS, CEO KURT MELCHING, CFO DR. MARKUS MOELLER, CSO EARNINGS CALL: Q2 / SIX-MONTH RESULTS 2025 | AUGUST 7, 2025 BASIERT AUF: TM-2230-OHBG_02 1
Slide 2: Business Segment Overview
BUSINESS SEGMENT OVERVIEW EARNINGS CALL: Q2 / SIX-MONTH RESULTS 2025 | AUGUST 7, 2025 2
Slide 3: LISA Contract Marks a Major Milestone in Corporate History
LISA CONTRACT MARKS A MAJOR MILESTONE IN CORPORATE HISTORY ▪ European Space Agency ESA’s third flagship mission in the science domain (“L-class”) ▪ Mission objective: Detection of low-frequency gravitational waves and conclusions about the properties of their sources (e.g., merger of two black holes
Slide 4: Segment Highlights: Space Systems
SEGMENT HIGHLIGHTS Segment SPACE SYSTEMS ▪ Multiple milestones reached across projects and Group entities − Successful launch and commissioning of MTG-S1 − GARAI-B ready for launch later this year − Comet Interceptor entered integration phase after completion of critical design review ▪ SOVA-S by OH
Slide 5: Segment Highlights: Aerospace and Digital
SEGMENT HIGHLIGHTS Segment AEROSPACE ▪ Multiple tanks delivered by MT Aerospace − Themis: One of the largest tanks ever built by the company and a key component of the first European full-scale demonstrator of a reusable launcher stage − ExoMars: Two helium high-pressure vessel tanks for Mars rover
Slide 6: Development of Order Backlog
DEVELOPMENT OF ORDER BACKLOG IN EUR MILLION 3067 2632 2300 2439 2399 2382 2100 2121 1700 1840 1875 1749 1600 1600 1200 834 1000 534 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 6m 2025 EARNINGS CALL: Q2 / SIX-MONTH RESULTS 2025 | AUGUST 7, 2025 6
Slide 7: The Group in Brief
THE GROUP IN BRIEF FINANCIAL FIGURES IN EUR 000 6m 2025 6m 2024 Change in % Order backlog (June 30) 3,067,486 1,652,650 +86 Total revenues 563,530 470,468 +20 EBITDA 42,016 34,294 +23 Adjusted EBITDA 45,942 40,737 +13 EBIT 22,599 15,830 +43 Net profit after minorities 11,330 5,359 +111 EPS (EUR) 0.5
Slide 8: Development of Financial Key Figures for the Group
DEVELOPMENT OF FINANCIAL KEY FIGURES FOR THE GROUP IN EUR MILLION Total revenues Profitability 564 EBITDA EBIT 457 470 42.8 44.1 443 42.0 402 39.3 34.3 25.4 26.0 21.4 22.6 15.8 6m 2021 6m 2022 6m 2023 6m 2024 6m 2025 6m 2021 6m 2022 6m 2023 6m 2024 6m 2025 6m 2025 EBIT margin: 4.0 % (6m 2024: 3.4 %)
Slide 9: Reconciliation of EBITDA to Adjusted EBITDA
RECONCILIATION OF EBITDA TO ADJUSTED EBITDA* IN EUR MILLION +13 % * = Further information is available in our annual report 2024 EARNINGS CALL: Q2 / SIX-MONTH RESULTS 2025 | AUGUST 7, 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: Q2 / SIX-MONTH RESULTS 2025 | AUGUST 7, 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 2.1 1.7 SatCom: SpaceRISE, Airbus DS, ESA, TAS-I, DLR 0.9 0.7 Science: ASI, TAS-I, ESA / ESTEC 0.4 2021 20
Slide 12: Financial Calendar
FINANCIAL CALENDAR August 7, 2025 Q2 2025 results / Earnings call November 13, 2025 Q3 2025 results / Earnings call EARNINGS CALL: Q2 / SIX-MONTH RESULTS 2025 | AUGUST 7, 2025 12
Slide 13: Q&A
Q&A EARNINGS CALL: Q2 / SIX-MONTH RESULTS 2025 | AUGUST 7, 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: Q2 / SIX-MONTH RESULTS 2025 | AUGUST 7, 2025 14