Investors presentation Q3 2025

‌Investor & Analyst Presentation November 14, 2025 Robert Ottel | CEO

‌ROSENBAUER GROUP AT A GLANCE

Equity Story

Global market leader

• System provider of fire-fighting equipment and preventive fire protection

• Globally leading producer of fire-fighting vehicles

• 11% RB market share of firefighting vehicles (global market volume 2023: ~ 22,000 pcs)*

  Unrivalled worldwide network

• 15 production locations in 8 countries

• Sales and service companies in 19 countries

• Approximately 160 sales partners worldwide

  Innovation leader

• Rosenbauer Group holds around 176 patents

• Pioneer in sustainability technologies

• First fully electric fire truck: "Revolutionary Technology" (RT / RTX) model series

• First complete electric vehicle line-up (Interschutz 2022)

  Resilient business model

• Broad diversification by geographies and products

• Customers mostly from the public sector

* Last available market data from 2023. Internal data based on import/export statistics of the Austrian economic chamber

(Wirtschaftskammer), statistics of the Fire Apparatus Manufacturers' Association regarding USA

‌ROSENBAUER GROUP AT A GLANCE

Key priorities for the coming years

Stability

Performance

Potential

‌Q3 2025 Financial figures

‌Q3 2025 FINANCIAL FIGURES

Rosenbauer continues to grow in 1-9/2025

• Rosenbauer Group increases its revenue in a weak economic environment, namely by 13% to € 950.7 million

  • The strongest increase was recorded in vehicle manufacturing, which rose by 17.3%, increasing its

    output from 1,362 to 1,401 units

• Operating profit improved thanks to higher contribution margins, EBITDA at € 63.5 million and EBIT at €

  33.4 million

• Adjusted for the special charges in the second quarter, EBITDA and EBIT would have amounted to € 67.5

  million and to € 41.5 million respectively

• Trade working capital decreases to € 471.9 million and net debt is down at € 305.1 million

• Operating cash flow positive for the first time after just nine months

• High order backlog grows to € 2.4 billion, with only Asia-Pacific area recording more orders than in the

  same period last year

• Executive Board confirms 5.5% EBIT margin for the full year and targets 40% revenue growth to €500 million for the fourth quarter

‌Q3 2025 FINANCIAL FIGURES

Key financial figures

*) 1-9/2025 non-adjusted financial figures vs. 1-9/2024

‌Q3 2025 FINANCIAL FIGURES

Development of revenues

+13.0%

50.6

950.7

45.4

-17.1

841.3 0.6

29.9

in € million

1-9/2024

• Rosenbauer Group increases its revenues by 13%, reaching € 950.7 million in the first nine months 2025

• Core segments manage to expand their business volumes

• Revenues increase in the growth markets between 20% and 67%

  ‌Q3 2025 FINANCIAL FIGURES

  Development of EBIT

  +13.6%

  in € million

  1-9/2024 Europe Middle East

  & Africa

  Asia-

  Pacific

  Americas PFP* 1-9/2025

  • A strong 3rd quarter facilitates a clear improvement of profitability

    5.5

    3.0 0.5

    29.4

    6.4

    33.4

    -11.4

  • EBIT increases to € 33.4

    million in 1-9/2025

  • Europe area, Middle East & Africa area, Asia-Pacific and Americas area perform better

1-9/2024

‌Q3 2025 FINANCIAL FIGURES

Revenues and EBIT margin quarterly

Revenues in € million, EBIT margin in %

225.6

268.8 238.6

341.1 346.0

253.0

191.7

241.9

6.8

-2.6

365.4

4.6

7.6

3.4

-0.5

0.2

3.7

325.6

221.5

309.0 306.7

-1.8

4.9

464.6

7.5

-10.5

-3.3

1.8

4.4

0.1

321.0

263.6

206.2

176.7

6.2

201.4

2.1

7.2

Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q1/25 Q2/25 Q3/25

Revenues EBIT margin

‌Q3 2025 FINANCIAL FIGURES

Investments, depreciation

Investments*, depreciation

in € million

20.2

15.1

13.6

14.8

15.9

10.4

25,0

20,0

15,0

10,0

• Focus on the completion of important investment projects

• Further roll-out of SAP S4/Hana

  5,0

  0,0

  1-9/2023 1-9/2024 1-9/2025

  Investments
  Depreciation
  
  

  *) Investments relate to rights and property, plant and equipment (without usage rights according to IFRS 16).

  ‌Q3 2025 FINANCIAL FIGURES

  Statement of financial position - key figures

  in € million	09/30/2024	09/30/2025	Change Q3/2025 vs.Q3/2024
  Total assets	1,283.7	1,303.2	+1.5%
  Equity ratio	14.0%	24.4%	+10.4PP
  Capital employed (ø)	715.0	701.0	-2.0%
  Net debt	467.8	305.1	-34.8%
  Gearing ratio	261.2%	95.8%	>100PP

  • Stronger equity ratio as capital increase has been closed in March 2025, better earnings

  • Decreased capital employed due to efficiency gains

  • Significant improvement of net debt and gearing ratio

    ‌Q3 2025 FINANCIAL FIGURES

    Liquidity and redemption schedule

    Liquidity

    Redemption

    244

    -5

    Q1-Q3 by 2025

    2025

    2026

    2027

    2028

    42

Committed

lines

Uncommitted Lines

Cash

12 | Investor & Analyst Presentation

‌Q3 2025 FINANCIAL FIGURES

Trade Working Capital and Financing

Trade Working Capital

in € million

Financing

in € million

282.1%

261.2%

484.2

467.8

305.1 318.6

171.6

179.1

95.8%

1,450.0**

1,305.9*

1,064.5*

516.0

512.1

471.9

5%

2%

5%

32.

39.

48.

1-9/2023 1-9/2024 1-9/2025

Trade Working Capital

Revenues

Trade Working Capital / Revenues

1-9/2023 1-9/2024 1-9/2025

Net debt

Equity

Gearing Ratio

* Actual full-year revenues

** Expected full-year revenues according to guidance 2025

13 | Investor & Analyst Presentation

‌Outlook

‌OUTLOOK

Order intake

Revenues / order intake

in € million

Order intake 1-9/2025 by area

PFP

1,233.4

Asia-Pacific

1,163.4

1,026.5

950.7

841.3

699.1

10% (8%)

1% (2%)

Americas 26% (28%)

€ 1,163.4

million

Europe 47% (46%)

1-9/2023 1-9/2024 1-9/2025

Revenues Order intake

Middle East & Africa

16% (16%)

( ) Order intake 1-9/2024 by areas

‌OUTLOOK

Outlook 2025

• Rosenbauer International AG in a growing market is benefiting from well-filled order books. Improved supply chains are enabling accelerated production and delivery of vehicles and equipment. The import tariffs introduced by the US in August are having an unfavorable impact on local ordering behavior.

• The Executive Board is currently focusing on the efficient delivery of the high existing order backlog. Assuming no further one-time effects, Rosenbauer is aiming for an EBIT margin of 5.5% for the full year and a seasonal increase in revenue of 40% (7-9/2025: € 346 million) to around € 500 million for the fourth quarter.

‌DISCLAIMER

IMPORTANT: Please read the following before continuing. The following applies to this document, which has been prepared by Rosenbauer International AG (the "Company", together with its consolidated subsidiaries, the "Group") solely for discussion purposes in relation to the Company, to the oral presentation of the information in this document by members of the Company's management, to any question-and-answer session that follows the oral presentation and any material distributed in connection with this presentation (collectively, the "Information"), each of which should be considered together and not taken out of context.

The Information is strictly confidential, is solely for discussion and feedback purposes and must not be relied upon for any purpose. The Information does not purport to contain all information required to evaluate the Group and/or its financial position. Certain financial information (including percentages) has been rounded according to established commercial standards. The Information does not constitute a recommendation regarding any loans or securities of or investments in the Group. Further, it should not be treated as giving investment, legal, accounting, regulatory, taxation or other advice and recipients should each make their own evaluation of the Group and of the relevance and adequacy of the information contained herein.

Certain financial data included in this presentation consists of non-IFRS financial measures. These non-IFRS financial measures may not be comparable to similarly titled measures presented by other companies, nor should they be construed as an alternative to other financial measures determined in accordance with IFRS. You

are cautioned not to place undue reliance on any non-IFRS financial measures included herein.

This document is not, and should not be construed as, a prospectus or offering document, and has not been reviewed or approved by any regulatory or supervisory authority. The Information does not constitute or form part of, and should not be construed as an offer for sale or subscription of or a solicitation or invitation of any offer to subscribe for or purchase any loans or securities of or make an investment in the Company or any other entity in any jurisdiction, and nothing contained therein shall form the basis of or be relied on in connection with any contract or commitment whatsoever, in particular, it must not be used in making any investment decision.

No representation, warranty or undertaking, express or implied, is made by the Group, Raiffeisen Bank International AG and M.M. Warburg & Co. (together, the "Banks") or any of the Group's or the Bank's respective affiliates or any of its or their respective directors, officers, employees or agents ("Representatives") or any other person as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the Information or the opinions contained therein or any other statement made or purported to be made in connection with the Group, for any purpose whatsoever, including but not limited to any investment considerations. No responsibility, obligation or liability whatsoever, whether arising in tort, contract or otherwise, is or will be accepted by the Group or the Banks or any of their respective Representatives or any other person for any loss, cost or damage howsoever arising from any use of the Information, or for information or opinions or for any errors, omissions or misstatements contained therein or otherwise arising in connection therewith. In addition, no duty of care or otherwise is owed by the Group, the Banks or its or any of its or their respective Representatives to recipients of the Information or any other person in relation to the Information.

The Information is subject to updating, revision, amendment, verification, correction, completion and change without notice. In providing access to the Information, none of the Group, the Banks or any of their respective Representatives or any other person undertakes any obligation to provide the attendee or recipient with access to any additional information or to update the Information or to correct any inaccuracies in any such Information, including any financial data or forward-looking statements. The Information should be considered in the context of the circumstances prevailing at the time and has not been, and will not be, updated to reflect material developments which may occur after the date thereof. None of the Banks or any of their respective Representatives have independently verified any of the Information.

Any decision to subscribe for and/or purchase securities in any potential offering/private placement should be made solely on the basis of information contained in any prospectus or offering circular that may be published by the Company in final form on its website in relation to any proposed offering and which would supersede the Information in its entirety. If published, any such prospectus or offering circular would include a description of risk factors in relation to an investment in the Group. You should conduct your own independent analysis of all relevant data provided in any prospectus or offering circular and you are advised to obtain independent expert advice as to the legal, tax, accounting, financial, credit and other related aspects before making any investment decision.

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‌Thank you for your attention! Q&A ‌Appendix

‌Q3 2025 FINANCIAL FIGURES

Cash Conversion Cycle - current status

Work in

Progress

Organi-

zation

Standardi-

zation

Finished

Goods

Payment Terms Client

Procurement

Cash Conversion Cycle (days) and

Trade Working Capital (€ million)

181

91

94

65

57

25

21

194

512.1

1-9/2024

471.9

143

123

0%

-7.

-14.

9%

1-9/2025

DIO DSO DDO DPO

CCC TWC

* Cash Conversion Cycle = Days Inventory Outstanding + Days Sales Outstanding - Days Downpayments Outstand - Days Payables Outstand

‌APPENDIX

ESG profile

Responsibility

Development

Impact

Performance

Our customers, fire brigades around the globe, are the first line in dealing with the effects of climate change

(e.g., wildfires)

Our products and services support an efficient disaster management (prevention, detection, de-escalation)

Targets for diversity / gender equality, work safety & health, energy, product development and anti-corruption

Assembler with a conscious consumption of natural resources

A Group-wide climate strategy with clear reduction targets* for GHG emissions until 2030 validated by SBTi

Focus on fire trucks with an

alternative drive (scope 3)

CDP rating B-

VÖNIX rating B (member since 2005)

SMETA audit 2022

* -46.2 % scope 1 & 2 / -27.5 % scope 3 compared to reference year 2019

‌APPENDIX

Executive Board and employee figures

Robert Ottel

CEO / Interim CFO

Global Marketing I Global Product Management & Innovation I Group Communication, Investor Relations & CR I Human Resources I Preventive Fire Protection

Group Controlling I Group Accounting & Tax I Group IT I Group Legal & Compliance I Group Audit I Group Treasury & Insurance

Andreas Zeller

CSO

Area Europe I Area Middle East & Africa I Area Asia-Pacific I Area Americas I Fire & Safety Equipment I Customer Service I Firefighting & Body Components I Digital Solutions I Sales Coordination

Thomas Biringer

CTO

Production Scheduling I Supply Chain Management I Product Development I Industrial Engineering I Quality Management I Plants

Number of employees (as of reporting date)

Austria USA Germany RoW

30.09.2025

30.09.2024

30.09.2023

30.09.2022

30.09.2021

Additionally, Rosenbauer employs 222 temporary workers.

4,805

4,440

4,260

4,088

4,004

‌APPENDIX

Worldwide network of production, service and sales locations

ASIA-PACIFIC

CHINA

EUROPE

AUSTRIA

Leonding Neidling Asten Graz Telfs

FRANCE

Chambéry Meyzieu

AMERICAS

Lyons, South Dakota Fremont, Nebraska Wyoming, Minnesota Rosenbauer America

Segment reporting by Area (since January 1, 2023)

Europe

Middle East & Africa

Asia-Pacific

MIDDLE EAST &

AFRICA

SAUDI ARABIA

Jeddah KAEC

Riyadh

SOUTH AFRICA

Production Sales/Service

Kunming

SINGAPORE

Singapore

PHILIPPINES

Mandaluyong BRUNEI AUSTRALIA

Brisbane

GERMANY

Karlsruhe Luckenwalde Mogendorf and Gladbeck

Bad Abbach-Lengfeld Viersen

ITALY

Rovereto Andrian

POLAND

Warsaw

SLOVENIA

Radgona

SPAIN

Linares Madrid

SWITZERLAND

Oberglatt

Americas

Halfway House

Around 160 sales partners worldwide.

UNITED KINGDOM

Holmfirth

‌APPENDIX

Leading system provider for fire protection

(Product segments and % of Group revenues; as of Dec. 31, 2024)

47%

15%

8%

5%

9%

9%

3%

4% other revenues

Municipal

Aerials

Fire & Safety Equipment

Vehicles

75%

ARFF

Industrial

Customer Service

Preventive Fire Protection

‌APPENDIX

Financial calendar

Tiemon Kiesenhofer

Head of Investor Relations

+43 (0)664 80 679 6538

Monika Hunjadi

Investor Relations Manager

+43 (0)676 880324447

Julia Kaiser

Investor Relations Manager

+43 (0)664 806796714

ir@rosenbauer.com csr@rosenbauer.com

‌APPENDIX

Rosenbauer share

€ 55

€ 50

€ 45

Free float3) 24%

BVG2) 17%

Investor FR 4%

Robau1) 55%

1) Robau Beteiligungsverwaltung GmbH

2) Rosenbauer Beteiligungsverwaltung GmbH

3) The non-voting rights registered shares are attributed to the free float.

€ 40

Indizes: ATPX, AFA, AIGS, AP8, AXGP, NAP8, NTFA, TAP8, TFA, VOX, WBI

€ 35

€ 30

Jan Feb Mar Apr May Jun Jul Aug Sep

Rosenbauer ATX Prime index.

ATX Prime +26.9%; ROS +34.9%