MTU Aero Engines : Analysten und Investoren-Presentation

PARIS AIR SHOW 2023

MTU Aero Engines - Paris Air Show 2023

20th of June 2023 I Paris

Welcome

Thomas Franz

Vice President Investor Relations

Paris Air Show / June 20, 2023

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Agenda

1 Market Environment

Lars Wagner

Chief Executive Officer (CEO) and

Chief Sustainability Officer (CSO)

2 Technology and ESG

Lars Wagner

Chief Executive Officer (CEO) and

Chief Sustainability Officer (CSO)

3 Business Segments

Michael Schreyögg

Chief Program Officer (CPO)

4 Production

Dr. Silke Maurer

Chief Operating Officer (COO)

5 Financials

Peter Kameritsch

Chief Financial Officer (CFO)

6 Q&A

Lars Wagner (CEO & CSO)

Michael Schreyögg (CPO)

Dr. Silke Maurer (COO)

Peter Kameritsch (CFO)

Paris Air Show / June 20, 2023

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Market Environment

Lars Wagner

Chief Executive Officer (CEO) and

Chief Sustainability Officer (CSO)

Paris Air Show / June 20, 2023

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Challenges have evolved since fall 2022

Covid-19 pandemic and remaining travel restrictions

+ now endemic + China has re-opened earlier than expected + last travel restrictions lifted

Russian invasion of Ukraine and related sanctions

+ impact on global air travel has remained limited

• possibility of further escalation, disruptions and

sanctions

Energy supply crunch in Europe and global rise in energy prices

+ mild winter and gas alternatives

• gas prices coming down gradually
• oil price decline despite OPEC+ cuts

Global economic slowdown and price inflation

+ global economy resilient so far in 2023

- US Fed and ECB raised interest rates further

- $/€ exchange rate less favorable for MTU

Supply chain constraints and labor shortage

• global supply chain constraints have eased
• • aerospace supply chains remain tight
  • • labor shortages remain

Ongoing climate discussion

New initiatives e.g. SWITCH, Boeing ecoDemonstrator SAF: increasing airline commitments EU agrees binding SAF mandate

Paris Air Show / June 20, 2023

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