Slides
Page 1
RTX Investor Day 19 October 2026 The Next Growth Chapter This presentation contains statements regarding expectations for the future development of RTX A/S, including future revenue and operating profit (EBITDA), reflect Management’s current outlook and carry some uncertainty. These statements can be affected by a number of risks and uncertainties, which means that actual developments and results can be materially different from the expectations expressed directly or indirectly in this presentation of the interim report. These risks and uncertainties include, but are not limited to, general economic conditions and developments, changes in demand for RTX’s products and services, competition, technological changes, fluctuations in currencies, component availability, and fluctuations in sub-contractor supplies as well as legislative and/or regulatory changes.
Page 2
Agenda 2 RTX Investor Day 2026 Disciplined,profitablegrowthPositionedin attractivegrowthmarketsandprovenrightto winStrongfoundation 01 Welcome HenrikSchimmell,Chair 02 The Next Growth Chapter 03 Healthcare Infrastructure 04 Frontline Operations 05 Building a Stronger RTX 06 Q&A with Management 10:00 10:10 10:30 10:55 11:4011:15 HenrikMørckMogensen,CEO HenrikMørckMogensen,CEO HenrikMørckMogensen,CEO Mille TramLux,CFO Managementteam
Page 3
01 Welcome Connecting what matters where failure is not an option Our ambition: to be the wireless infrastructure partner for mission-critical communication 3 RTX Investor Day 2026 Built on 30+ years of wireless expertise and long -term partnerships with category -leading brands RTX WIRELESS INFRASTRUCTURE LAYER reliable · secure · scalable · interoperable Healthcare Infrastructure Patient monitoring across the care continuum Frontline operations Frontline teams in retail and operations Critical communication Public safety, defence and industrial operations Disciplined,profitablegrowth Strongfoundation Positionedin attractivegrowthmarkets Provenright to win Connected workplace Professional teams in enterprise environments
Page 4
01 Welcome A strong foundation with proven traction 4 RTX Investor Day 2026 We build from strengths we already have Our foundation Our ambition Customer partnerships Long-term design-ins with category-leading brands Wireless expertise 30+ years of wireless, software and platforms Attractive markets Structural growth in healthcare and frontline >10% Revenue growth Double-digit annual growth toward 2030 >15% EBITDA margin Above 15% by 2030
Page 5
5 RTX Investor Day 2026 02 TheNext Growth Chapter Fromastrongfoundationto more of thesolution HenrikMørckMogensen,CEO 5 RTX Investor Day 2026 → A strong foundation → More of the solution → T wogrowth verticals → One RTX architecture
Page 6
02 The Next Growth Chapter Our markets are moving toward RTX Five structural trends make reliable, integrated wireless communication more critical 6 RTX Investor Day 2026 1 Frost & Sullivan; 2 RTX analysis; 3 RTX Annual Report 2025/26 market section, 4 Seagate Digitalisation of communication Centrally managed, software-enabled environments Labour shortages and productivity Coordinationof frontline and clinical teams Connected and distributed care Monitoring follows the patient across care settings Security and resilience Communicationmust work in demanding conditions AI and automation Rising value of connected data and real-time workflows professionalwireless handsets sold per year, ~4m DECT¹ expected CAGR in European retail headsets to 2030² of US acute-care hospitals use cardiac telemetry³ CAGR in the global intercom market, >10m units a year³ 70% of operational data re- mains unused despite growing automation needs4 Reliable wireless becomes mission critical ~70% ~9% ~5m ~70% ~15%
Page 7
02 The Next Growth Chapter Our next chapter builds on what already works An evolution, not a reinvention: we take a larger role using technology, relationships and execution we already have 7 RTX Investor Day 2026 Wireless technology Strong partnerships with category-leading customers carry every step of the journey 30+ years of DECT and wireless expertise Strategic movement Platforms Solutions Products Wireless technology 30+ years of DECT and wireless expertise Devices, modules and infrastructure for global brands Reusable hardware, software and cloud platforms Hardware, software and services that solve the whole customer problem Today: Our strength Direction: more of the solution Customer value and strategic relevance
Page 8
02 The Next Growth Chapter From product supplier to infrastructure partner Four shifts move RTX closer to the customer problem – and to a larger share of the value 8 RTX Investor Day 2026 02 The Next Growth Chapter Market expansion Today Wireless product supplier Direction Wireless infrastructure partner ProductcategoriesinsideOEMproducts Strategicpositionsin healthcare,frontline operationsand criticalcommunicationMarket expansion Stronger partnerships Strengthen winning partnerships while selectively expanding the ecosystemConcentrated ona few largeOEMpartners Value chain expansionHardwareproducts built to specification Moving up the value chain through integrated solutions Solution salesMainly transactional product revenue Full solution offerings with product sales and recurring software, cloud and lifecycle revenues
Page 9
02 The Next Growth Chapter RTX today: a strong but concentrated foundation Four strategic positions – each with a distinct role in our growth 9 RTX Investor Day 2026 Connected Workplace formerly Enterprise FOUNDATIONBUSINESS GROWTH PLATFORM FUTURE GROWTH PLATFORM GROWTH PLATFORM 1 Share of group revenue FY24/25 as reported. 14 % 12 % Critical Communications formerly ProAudio Healthcare Infrastructure formerly Healthcare Trustedplatform partner to global enterprise brands – funds the growth Frontline Operations From technology partner to innovation engine for frontline platforms Critical Communications Sustain the module business; scout for the deeper critical-communications play Healthcare Infrastructure From patient-monitoring partner to wireless infrastructure in connected care 74 % Connected Workplace Share of revenue¹ 3 Business segments 4 Strategic positions
Page 10
02 The Next Growth Chapter Four positions – two growth engines in focus Each strategic position plays a distinct role; Healthcare and Frontline Operations lead the next chapter 10 RTX Investor Day 2026 DELIVERS SCALES Growth engines TRANSFORMS Todaysbusiness – foundation Healthcare Infrastructure Fromwirelesspatient-monitoringpartnerto the infrastructure layerof connectedcare Frontline Operations Scalingproven retailmodeland partnership acrossthe EuropeandNorth American ConnectedWorkplace Theprofitablebusinessandsharedplatformenginethat fundsthe growth → Anchored in 1,500+ hospitals → Anchored in proven Eurpean model INNOVATES Critical Communications Sustainthe modulebusinesswhilewe scoutfor the deeperplay – andcommit onlywhenthe moveis validated Module business Standardized products that funds the growth
Page 11
02 The Next Growth Chapter Our equity story The economic logic: how each strength translates into shareholder value 11 RTX Investor Day 2026 02 The Next Growth Chapter Strong foundation Cash, customers and capabilities fund the journey P ositionedin attractive growth markets Structural growth in the verticals we serve Proven rightto win Share gains from proven positions Disciplined, profitable growth • Double-digit annual revenue growth • EBITDA margin above 15% by 2030 • A broader, more recurring, more scalable RTX Building tomorrow’s RTX from today’s strengths
Page 12
12 RTX Investor Day 2026 03 The nextgrowthopportunity HenrikMørckMogensen,CEO 12 RTX Investor Day 2026 → A strong foundation → More of the solution → Two growth verticals → One RTX architecture Healthcare Infrastructure TRANSFORMS
Page 13
03 Healthcare Infrastructure Care is moving beyond the bedside More monitoring, more patient mobility and fewer clinical resources – reliable wireless must follow the patient 13 RTX Investor Day 2026 Ageing population Shift to wireless Shorter length of stay Resource constraints 1 AmericanHeart Associationprojection. Onecontinuouswirelesslayeris neededwherevercareis delivered– the role RTXis built for INTHEHOSPITAL BEYONDTHEHOSPITAL >30% projected rise in cardio- vascular disease prevalence over the next decade¹ Cutting the cord improves mobility, comfort and quality of care Earlier mobilisation and faster patient throughput Fewer staff must monitor more patients, more efficiently Wireless monitors replace wired connections at the bed Patients move and stay monitored – early mobilization speeds recovery Wearable telemetry across wards, transit and imaging Clinical-grade monitoring at home, under hospital responsibility Bedside Patient mobility Ambulatory Beyond the hospital
Page 14
03 Healthcare Infrastructure An attractive and defensible market Structural demand combined with mission-critical requirements, regulation and long lifecycles 14 RTX Investor Day 2026 1 Industryestimates,Philips analysis A window of opportunity Themoveto open,interoperablemedicaldeviceconnectivityopensthe hospital network to a vendor-neutral wirelesslayer of USacute-carehospitalsusecardiactelemetry² >EUR12 bn 1.4GHz 2 RTXAnnualReport2025/26. Mission-critical A droppedsignalcanmeana missedalarm– reliabilityis non-negotiable Regulated Medical certificationandprotectedspectrumraisethe barriersto entry Embedded in workflows Longlifecyclesandhighswitching costsoncedeployed03 global in-hospital patient monitoring market in 2023, expected to grow to above EUR 16 bn in 2030¹ ~70% protectedWMTSspectrumreservedfor medical telemetry inthe US 01 02
Page 15
03 Healthcare Infrastructure RTX enables the wireless medical telemetry service for Philips IntelliVue patient monitoring solutions 15 RTX Investor Day 2026 Bedside Monitors Wearable Monitors CentralizedPatient Monitoring There are ~1,500 hospitals using the dedicated Smart Hopping network for In-hospital cardiac telemetry Patient Monitoring RTX manufacturesthe radio chips inside Philips’ PatientMonitoring Devices as well as the Smart Hopping Wireless Infrastructure components
Page 16
03 Healthcare Infrastructure Smart Hopping Connect: more reach, less infrastructure Our next product extends proven medical telemetry over the hospital's existing Wi-Fi, at a fraction of the cost 16 RTX Investor Day 2026 More capability at a fraction of the cost Corridor · existing enterprise Wi-Fi Dedicated access point Smart Hopping Connect on existing Wi-Fi Wards · Proven today All the benefits of the Wireless Medical Telemetry Service Imaging · Transit · New units · New ..With less infrastructure No Interference – adaptive frequency hopping Scalable – up to 1,024 devices per network Fit for critical patient monitoring – low latency on the move Data confidentiality – no patient IDs over the air Device location – Find Device and remote control Runs on existing Wi-Fi – plugs into installed access points Lower cost – no secondary hard-wired network Coverage where patients go – transit and imaging Bluetooth-ready – BLE built in for new use cases Keep what is proven Proven: dedicated access point New: Smart Hopping Connect on a hospital Wi-Fi access point
Page 17
03 Healthcare Infrastructure 3+ Years of Smart Hopping Collaboration with Mayo Clinic Alpha and Beta test partner with the #1 Hospital in the World. Mayo confirmed they now have approval to proceed with the pilot! 17 RTX Investor Day 2026 Jun 2024 – Alpha Testingwith Mayo Jan 2026 – Beta Testingat Mayo Methodist Jun 2026 – Beta Testingat St Marys
Page 18
03 Healthcare Infrastructure A staged roadmap from proven position to platform Deepen the existing position first, then open the platform – and scale what is proven 18 RTX Investor Day 2026 Wireless patient-monitoring partner Wireless infrastructurepartner in connected care Healthcare infrastructureplatform provider Smart Hopping expansion with Philips: USB access point and Bluetooth upgrade Dedicated healthcare team and innovation funnel Take over full product OEM responsibility Open Smart Hopping platform for the interoperableera Revenue from more than one customer Offerings beyond Smart Hopping in market Hospital-at-home monitoring and hospital communications Multiple OEM customers on the platform Recurring services and data revenue 1 Deepen 2 Broaden Next 3 Scale Longer termToday
Page 19
RTX Investor Day 2026RTX Investor Day 2026 04 Scalingbeyondthe UK HenrikMørckMogensen,CEO Frontline Operations → A strong foundation → More of the solution → Two growth verticals → One RTX architecture SCALES 19
Page 20
04 Frontline Operations Frontline work is going digital The store is becoming a connected operation where reliable team communication is critical 20 RTX Investor Day 2026 The connected store Labour shortages and productivity The omnichannel store From devices to platforms AI in the store Fewer staff must serve more customers across more channels Stores double as fulfilment hubs – coordination becomes real-time Voice, alerts, workflows and data converge on one platform Connected data enables automated alerts and smarter task allocation
Page 21
01 Welcome A large and under-served market Physical retail is reshaping around leaner, service-led stores – and most still run on legacy radios 21 RTX Investor Day 2026 1 Industry estimates based on national statistics Europe and North America: the next white space Fragmented, radio-heavy markets where wins at large retailers travel across borders expected CAGR in European retail headsets to 2030² ~5 m +4.4% 2 RTX analysis 3 NRF, 2026 retail sales forecast Under-served Most stores still rely on legacy radios or informal channels Labour-driven return Higher wages and leaner teams make every minute saved count Moving to platforms Voice, data and AI converge – sticky once installed03 retail stores across the EU, UK and North America¹ +15% forecast US retail sales growth in 2026 – stores are reshaping, not disappearing³ 01 02
Page 22
04 Frontline Operations Partnership that has earned the right to win The leading retail communications brand combined with RTX’s technology and delivery capabilities form a proven model 22 RTX Investor Day 2026 Proven partnership that has brought the RTX frontline infrastructure into more that 300.000 stores across UK, EU and US Brand Partner brings Brand Partner Frontline communication platform RTX Wireless technology partner RTX brings Access to major retailers Retail and end-user insight Brand, channel and customer success Wireless engineering Embedded software and cloud Product development Supply-chain scale
Page 23
04 Frontline Operations The opportunity extends beyond voice Value per store grows as communication integrates with alerts, workflows, data and services 23 RTX Investor Day 2026 Voice Alerts Workflows Services RECURRING SOFTWARE HARDWARE + SOFTWARE HARDWARE Services Cloud, analytics and value-added services Workflows Task management and coordinationacross the store Alerts Integrationwith store systems: call points, security, fulfilment Voice Reliable team headsets and in-store infrastructure
Page 24
04 Frontline Operations A staged roadmap to scale beyond the UK Deepen, broaden, scale – with geography as the first growth engine 24 RTX Investor Day 2026 Trusted technology partner Integrated frontline platform partner Innovation engine for frontline operations Dedicated product and technology roadmaps for Frontline Operations Dedicated frontline product management and R&D Accelerate expansion across Europe Extend solution portfolio: Cloud, software and value-added services Support geographical expansion Pilot Data as a Service offerings Voice, software and operational insight combined Capabilities transferred to adjacent verticals Recurring revenue at meaningful scale 1 Deepen 2 Broaden Next 3 Scale Longer termToday
Page 25
25 RTX Investor Day 2026 05 Building a StrongerRTX One RTX architectureand the economiclogic Mille Tram Lux, CFO 25 RTX Investor Day 2026 → A strong foundation → More of the solution → Two growth verticals → One RTX architecture
Page 26
05 Building a Stronger RTX Profitable growth remains the anchor Making strategy work – translating our priorities into action and long-term growth bets. 26 RTX Investor Day 2026 Current financial ambitions Execution attention points Future direction >10% >15% Healthcare Infrastructure: expansion beyond cardiac wards Frontline Operations: growth beyond Europe Connected Workplace: NextGen migration completed Mix: a growing share of software & service Double digit average annual revenue growth toward 2030 EBITDA margin by 2030 The wireless infrastructure partner for critical communication
Page 27
05 Building a Stronger RTX Four levers improve the quality of growth A larger, broader, more recurring business – the same four shifts, now in financial terms 27 RTX Investor Day 2026 ILLUSTRATIVE– not to scale, no financial guidance + + + + Today’s business Product supplier to OEMs Market expansion New verticals and geographies Stronger partnerships Deeper partnerships, broader base Value chain expansion Platforms and integrated solutions Solution sales Software, cloud and lifecycle revenue Higher-quality growth Larger · broader · more recurring Where we grow How we add valueToday Ambition
Page 28
05 Building a Stronger RTX Shared core + modular solutions = operating leverage Built once, reused across four market positions – capital-efficient by design MARKET POSITIONS SOLUTIONS SHARED CORE Connected Workplace Frontline Operations GROWTH Critical Communications Healthcare Infrastructure GROWTH BUSINESS APPLICATION Shared building blocks CORE TECHNOLOGY Wireless protocol Audio platform Hardware Cloud SECURITY BUILT IN Patched once, rolled out to every position Sustainment effort Development for growth ASSET-LIGHT MODEL Scale without heavy capex OPERATING LEVERAGE Revenue scale faster than platform costs, rendering more R&D to grow RTX Investor Day 202628
Page 29
05 Building a Stronger RTX A strong foundation with proven traction We build from strengths we already have RTX Investor Day 202629 Our foundation Traction Our ambition Customer partnerships Long-term design-ins with category- leading brands Wireless expertise 30+ years of wireless, software and platforms Attractive markets Structural growth in healthcare and frontline Revenue, DKK million EBITDA margin 498 547 590–625 23/24 24/25 25/26 Outlook 1% 6% 8% 12% > 10 % Revenue growth Double-digit annual growth toward 2030 > 15 % EBITDA margin Above 15% by 2030 (*Revenue CAGR 23/24–25/26 Outlook) CAGR* 9-12%
Page 30
02 The Next Growth Chapter Our equity story The economic logic: how each strength translates into shareholder value 30 RTX Investor Day 2026 05 Building a Stronger RTX Strong foundation Cash, customers and capabilities fund the journey P ositionedin attractive growth markets Structural growth in the verticals we serve Proven rightto win Share gains from proven positions Disciplined, profitable growth • Double-digit annual revenue growth • EBITDA margin above 15% by 2030 • A broader, more recurring, more scalable RTX Building tomorrow’s RTX from today’s strengths
Page 31
31 RTX Investor Day 2026 06 Q&A Management Management Team 31 RTX Investor Day 2026 → A strong foundation → More of the solution → Two growth verticals → One RTX architecture
Page 32
06 Q&A with Management Building tomorrow’s RTX from today’s strengths 32 RTX Investor Day 2026 Built on 30+ years of wireless expertise and long -term partnerships with category -leading brands RTX WIRELESS INFRASTRUCTURE LAYER reliable · secure · scalable · interoperable Healthcare Patient monitoring across the care continuum Frontline operations Frontline teams in retail and operations Critical communication Public safety, defence and industrial operations Disciplined,profitablegrowth Strongfoundation Positionedin attractivegrowthmarkets Provenright to win Connected workplace Professional teams in enterprise environments
Page 33
06 Q&A with Management Q&A session 33 RTX Investor Day 2026 Henrik Schimmell, Chair Henrik Mørck Mogensen, CEO Mille Tram Lux, CFO RTX management
Page 34
34 RTX Investor Day 2026 RTX A/S Strømmen 6 9400 Nørresundby Denmark rtx.dk Thank you for your attention