Slides
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Investor & Analyst Presentation November 14, 2025 Robert Ottel | CEO
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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 ROSENBAUER GROUP AT A GLANCE Equity Story | Investor & Analyst Presentation * 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 2
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Key priorities for the coming years 3 ROSENBAUER GROUP AT A GLANCE Stability Process stability Financing structure Communication • Internally • Externally • Capital markets Performance Leadership culture • Fact-based • Goal-oriented • Performance-oriented Portfolio • Group Management • Focus Potential Profitability Growth • USA • South-America • Competitive in simpler markets • Service | Investor & Analyst Presentation
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Q3 2025 Financial figures
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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 | Investor & Analyst Presentation 5
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Q3 2025 FINANCIAL FIGURES Key financial figures | Investor & Analyst Presentation 6 in € million 1-9/2023 1-9/2024 1-9/2025 1-9/2025 adjusted Change* Revenues 699.1 841.3 950.7 950.7 +13.0% EBITDA 33.7 52.6 63.5 67.5 +20.7% EBIT 11.2 29.4 33.4 41.5 +13.6% EBIT margin 1.6% 3.5% 3.5% 4.4% - EBT -9.4 1.0 10.4 18.5 >100% Net profit for the period -11.9 -2.8 -3.1 5.0 -9.5% Cash flow from operating activities -154.2 -9.9 2.0 2.0 >100% *) 1-9/2025 non-adjusted financial figures vs. 1-9/2024
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Q3 2025 FINANCIAL FIGURES Development of revenues | Investor & Analyst Presentation 7 in € million • 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% * Preventive Fire Protection 425.1 105.1 112.3 297.6 10.6 424.5 75.2 66.9 247.0 27.7 Revenues by area 1-9/2025 Revenues by area 1-9/2024 1-9/2024 Europe Middle East & Africa Asia- Pacific Americas PFP* 1-9/2025 +13.0% 841.3 0.6 29.9 45.4 50.6 -17.1 950.7
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Q3 2025 FINANCIAL FIGURES Development of EBIT | Investor & Analyst Presentation 8 in € million • A strong 3rd quarter facilitates a clear improvement of profitability • EBIT increases to € 33.4 million in 1-9/2025 • Europe area, Middle East & Africa area, Asia- Pacific and Americas area perform better * Preventive Fire Protection 24.4 8.9 10.4 4.5 -14.8 18.0 3.4 7.4 4.0 -3.4 Area EBIT 1-9/2025 Area EBIT 1-9/2024 1-9/2024 Europe Middle East & Africa Asia- Pacific Americas PFP* 1-9/2025 +13.6% 29.4 33.46.4 5.5 3.0 0.5 -11.4
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206.2 241.9 201.4 325.6 176.7 253.0 221.5 321.0 191.7 268.8 238.6 365.4 225.6 309.0 306.7 464.6 263.6 341.1 346.0 0.2 3.7 1.8 6.8 -10.5 -1.8 -3.3 6.2 -2.6 2.1 4.4 7.2 0.1 4.6 4.9 7.6 3.4 -0.5 7.5 -45,0 -35,0 -25,0 -15,0 -5,0 5,0 15,0 25,0 0 100 200 300 400 500 600 700 800 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 Revenues and EBIT margin quarterly | Investor & Analyst Presentation 9 Revenues in € million, EBIT margin in %
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Q3 2025 FINANCIAL FIGURES Investments, depreciation | Investor & Analyst Presentation 10 • Focus on the completion of important investment projects • Further roll-out of SAP S4/Hana Investments*, depreciation in € million *) Investments relate to rights and property, plant and equipment (without usage rights according to IFRS 16). 10.4 13.6 20.2 15.1 14.8 15.9 0,0 5,0 10,0 15,0 20,0 25,0 1-9/2023 1-9/2024 1-9/2025 Investments Depreciation
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Q3 2025 FINANCIAL FIGURES Statement of financial position – key figures | Investor & Analyst Presentation 11 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
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12 RedemptionLiquidity 42 20 182 Q1-Q3 by 2025 -40 2026 -40 2027 -40 2028 Committed lines Uncommitted Lines Cash 244 • Capital increase and successful refinancing in Q1 2025 • No major redemptions in Q4 2025 2025 -5 Liquidity and redemption schedule Q3 2025 FINANCIAL FIGURES | Investor & Analyst Presentation
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Q3 2025 FINANCIAL FIGURES Trade Working Capital and Financing | Investor & Analyst Presentation 13 * Actual full-year revenues ** Expected full-year revenues according to guidance 2025 Trade Working Capital in € million Financing in € million 516.0 512.1 471.9 1,064.5* 1,305.9* 1,450.0** 48.5% 39.2% 32.5% 1-9/2023 1-9/2024 1-9/2025 Trade Working Capital Revenues Trade Working Capital / Revenues 484.2 467.8 305.1 171.6 179.1 318.6 282.1% 261.2% 95.8% 1-9/2023 1-9/2024 1-9/2025 Net debt Equity Gearing Ratio
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Outlook
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OUTLOOK Order intake | Investor & Analyst Presentation 15 Revenues / order intake in € million Order intake 1-9/2025 by area ( ) Order intake 1-9/2024 by areas PFP 1% (2%) Europe 47% (46%) Middle East & Africa 16% (16%) Americas 26% (28%) Asia-Pacific 10% (8%) € 1,163.4 million 699.1 841.3 950.7 1,026.5 1,233.4 1,163.4 1-9/2023 1-9/2024 1-9/2025 Revenues Order intake
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OUTLOOK Outlook 2025 | Investor & Analyst Presentation 16 ▪ 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.
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Thank you for your attention! Q&A
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Appendix
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Q3 2025 FINANCIAL FIGURES Cash Conversion Cycle – current status | Investor & Analyst Presentation 20 Cash Conversion Cycle (days) and Trade Working Capital (€ million) * Cash Conversion Cycle = Days Inventory Outstanding + Days Sales Outstanding – Days Downpayments Outstand – Days Payables Outstand Work in Progress Standardi- zation Payment Terms Client Procure- ment Finished Goods Organi- zation 194 65 91 25 181 57 94 21 DIO DSO DDO DPO 143 512.1 123 471.9 CCC TWC 1-9/2024 1-9/2025 -14.0% -7.9%
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APPENDIX ESG profile | Analyst & Investor Presentation21 Responsibility ImpactDevelopment Performance * -46.2 % scope 1 & 2 / -27.5 % scope 3 compared to reference year 2019 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 servi- ces support an efficient disaster management (prevention, detection, de-escalation) 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) Targets for diversity / gender equality, work safety & health, energy, product development and anti-corruption CDP rating B- VÖNIX rating B (member since 2005) SMETA audit 2022
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APPENDIX Executive Board and employee figures | Investor & Analyst Presentation 22 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) Additionally, Rosenbauer employs 222 temporary workers. Austria USA Germany RoW 4,004 4,088 4,260 4,440 4,805 1,653 1,631 1,622 1,682 1,796 856 862 904 919 1,040 1,011 1,008 1,028 1,052 1,124 484 587 706 787 845 30.09.2021 30.09.2022 30.09.2023 30.09.2024 30.09.2025
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APPENDIX Worldwide network of production, service and sales locations Production Sales/Service Around 160 sales partners worldwide. AMERICAS Lyons, South Dakota Fremont, Nebraska Wyoming, Minnesota Rosenbauer America Europe Middle East & Africa Asia-Pacific Americas Segment reporting by Area (since January 1, 2023) MIDDLE EAST & AFRICA SAUDI ARABIA Jeddah KAEC Riyadh SOUTH AFRICA Halfway House ASIA-PACIFIC CHINA Kunming SINGAPORE Singapore PHILIPPINES Mandaluyong BRUNEI AUSTRALIA Brisbane EUROPE AUSTRIA Leonding Neidling Asten Graz Telfs FRANCE Chambéry Meyzieu GERMANY Karlsruhe Luckenwalde Mogendorf and Gladbeck Bad Abbach-Lengfeld Viersen ITALY Rovereto Andrian POLAND Warsaw SLOVENIA Radgona SPAIN Linares Madrid SWITZERLAND Oberglatt UNITED KINGDOM Holmfirth 23 | Investor & Analyst Presentation
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APPENDIX Leading system provider for fire protection (Product segments and % of Group revenues; as of Dec. 31, 2024) | Investor & Analyst Presentation24 9% 9% 5% 8% 15% 47% Municipal Aerials ARFF Industrial Vehicles 75% Fire & Safety Equipment Customer Service Preventive Fire Protection 4% other revenues 3%
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APPENDIX Financial calendar | Investor & Analyst Presentation 25 November 14, 2025 Publication of the Interim Statement Q3/2025 April 10, 2026 Publication of the Results 2025 May 19, 2026 Publication of the Interim Statement Q1/2026 May 20, 2026 Annual General Meeting August 7, 2026 Publication of the Half-Year Financial Report 2026 November 13, 2026 Publication of the Interim Statement Q3/2026 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
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APPENDIX Rosenbauer share | Investor & Analyst Presentation 26 1-9/2024 1-9/2025 Highest price in € 43.3 50.4 Lowest price in € 27.0 33.7 Closing share price in € 35.1 46.0 Market capitalization in € million 238.7 469.2 Earnings per share in € -0.7 -0.6 Indizes: ATPX, AFA, AIGS, AP8, AXGP, NAP8, NTFA, TAP8, TFA, VOX, WBI 1) Robau Beteiligungsverwaltung GmbH 2) Rosenbauer Beteiligungsverwaltung GmbH 3) The non-voting rights registered shares are attributed to the free float. Robau1) 55% Investor FR 4% Free float3) 24% BVG2) 17% € 30 € 35 € 40 € 45 € 50 € 55 Jan Feb Mar Apr May Jun Jul Aug Sep Rosenbauer ATX Prime index. ATX Prime +26.9%; ROS +34.9%