Rosenbauer GroupInvestors presentation

April 2016

Page 2

Highlights 2015

■ Leading market position strengthened further in 2015■ Record figures for revenues and earnings

■ Consolidated revenues of € 865.4 million (up 6%) due to growth on US market

■ EBIT up by 5% to € 50.6 million ■ Expenses impact earnings

■ Expenses for appearance at trade fair and preliminary costs for tapping new markets

■ Higher vehicle delivery costs

■ Fluctuations in capacity utilization during the year in some areas of production

■ Postponements of deliveries at end of year

■ Full order books ensure capacity utilization for 2016

Page 3

Industry Development

■ Global market volume increased ■ The structures, organization and financing of the fire equipment industry vary

■ Developed markets make procurements with tax revenue■ Emerging markets financed via centrally allocated state budgets

■ North America■ US fire equipment market is picking up momentum ■ Market volume over 4,000 units again

■ Demand in Europe back to normal level■ Market volume in Germany and Austria at normal level ■ Markets in Central and Northern Europe should remain lively ■ Russia sees sharp decline due to political situation and low oil price

■ International business ■ Ongoing urbanization requires investment in safety infrastructure■ Weak oil price and political unrest influence procurement behavior

Page 4

Expansion in the preventive fire protection

■ Extended offering of preventive fire protection segment■ Key markets in Europe are the major national economies

■ Stationary fire protection used in practically all areas ■ Retail, warehousing and logistics, healthcare, catering, industry

■ Expertise from development and production of highly efficient fire extinguishing systems

■ Acquisition of G&S Brandschutztechnik AG based in Mogendorf, DE■ Focus on the installation of fire protection systems

■ Revenues of € 14.3 million with 130 employees

■ Planning, production, installation and service of systems for preventative fire protection

■ Offers standard and special extinguisher systems (sprinkler, water spray, foam, gas, water mist) and the installation of fire alarm systems

■ VdS installer accreditation for all major systems

Page 5

Segment reporting by areas

Revenues 2015 (2014)

CEEU27% (28%)

NISA11% (12%)

MENA21% (21%)

APAC19% (21%)

NOMA22% (18%)

NOMA

NISA

CEEU

APAC

MENA

■ Internationalization further advanced■ Regionally appropiate market strategies

Page 6

R&D (in € million)

9.7 12.1 12.2

12.6

15.9

2.3%

2.9%

2.6%

2.3%

2.9%

2,0%

2,5%

3,0%

3,5%

4,0%

0,0

5,0

10,0

15,0

20,0

2011 2012 2013 2014 2015

R&D R&D ratio

► Further strong R&D activities – mainly due to Interschutz 2015

► Capitalization rate 22.7 %

Financial data

Page 8

372.0426.1

500.3541.8

595.7541.6

645.1

737.9

813.8*)865.4

25.1

30.8

39.9

29.4

49.7

41.6 38.642.3

48.450.6

0

10

20

30

40

50

60

70

80

90

0

100

200

300

400

500

600

700

800

900

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Revenues

EBIT

Group revenues and EBIT(in € million)

6.8% 7.7%7.2% 8.3%8.0% 5.4%EBIT margin 6.0% 5.7% 5.9% 5.8%

*) The 2014 figures for revenues, other expenses, incoming orders and order backlog were restated in accordance with IAS 8.

Page 9

Financial data

In € million 2014 2015 in %

Revenues 813.8*) 865.4 + 6%

EBIT 48.4 50.6 + 5%

EBIT margin 5.9% 5.8% -

EBT 47.3 48.2 + 2%

Net profit of the period 36.7 36.8 - %

Cash flow from operating activities (37.1) 6.5 -

*) The 2014 figures were restated in accordance with IAS 8.

Page 10

Revenue and EBIT quarterly (in € million)

214,8

154,8

183,7 178,8

220,6

152,7*)

214,5*)194,9*)

251,8*)

191,3

225,6210,6

237,9

18,2

3,7

13,111,2

14,3

4,7

15,3

11,7

16,7

6,0

15,9

5,7

23,0

0

5

10

15

20

25

30

0

50

100

150

200

250

300

Q4/

12

Q1/

13

Q2/

13

Q3/

13

Q4/

13

Q1/

14

Q2/

14

Q3/

14

Q4/

14

Q1/

15

Q2/

15

Q3/

15

Q4/

15

Revenue EBIT*) The 2014 figures were restated in accordance with IAS 8.

Page 11

Group revenue 2015

Europe34%

NAFTA22%

Asia/Ozeania11%

Arab world27%

Rest of the world

6%

Vehicles (incl. Aerials)

79%Fire & Safety Equipment

8%

Components3%

Customer Service and

Others9%

Stationary fire protection

1%

Page 12

Balance sheet data

in € million Dec 31, 2013 Dec 31, 2014 Dec 31, 2015

Total assets 415.6 579.9 611.8

Equity in % of total assets 45.2% 34.2% 37.0%

Capital employed (ø) 285.7 341.2 437.1

ROCE 14.8% 14.2% 11.6%

ROE 23.4% 24.5% 22.7%

Net debt 48.8 154.2 191.3

Gearing ratio 25.9% 77.7% 84.4%

Page 13

Trade Working Capital (in Mio €)

211.3260 229.0

321.1365.1

541.6

645.1

737.9813.8*)

865.4

39.0% 40.3% 31.0%39.5% 42.2%

0%

25%

50%

75%

100%

125%

150%

175%

200%

225%

0

250

500

750

1000

2011 2012 2013 2014 2015

Trade Working Capital Revenues Trade Working Capital / Revenues

*) The 2014 figures were restated in accordance with IAS 8.

Page 14

Investments and depreciation (in € million)

11.514.7

25.4

51.2

22.1

8.1 9.3 10.2 12.6 13.9

2011 2012 2013 2014 2015

Investments Depreciation

Purchase plant II 2014

► 66% of investment related to extension of production areas and the associated improvement of productivity

Page 15

Rosenbauer share

* Rosenbauer Beteiligungsverwaltung GmbH

BVG *51%Free float

45%

InvestorFR4%

50,0

60,0

70,0

80,0

90,0

Jan Feb Mrz Apr Mai Jun Jul Aug Sep Okt Nov Dez

Rosenbauer EURO ATXPrime indexiert

1) Proposal to the AGM

2014 2015

Highest share price in € 77.0 85.0

Lowest share price in € 57.9 65.1

Closing price in € 71.5 66.6

Market capitalization in Mio € 485.9 452.9

Dividend in € 1.2 1.51)

Dividend yield 1.7% 2.3%

Earnings per share 4.0 3.3

Outlook

Page 17

Order intake / backlog (in € million)

Order intake Order backlog

682.3

580.5

590.1

693.0*)

797.5

2011

2012

2013

2014

2015

826.8

533.2

760.6

845.9*)

905.9

2011

2012

2013

2014

2015

*) The 2014 figures were restated in accordance with IAS 8.

Page 18

Outlook

■ GO 2020 to be pursued in 2016■ New products will provide an additional boost to sales volumes ■ Integration of G&S acquisition■ Reduced capital expenditure volume in the Group ■ Full order books allow for continued high level of revenues

■ Development on the markets more difficult to forecast■ Weak oil price and political unrest influence procurement

■ Continued promotion of measures to improve earnings■ Reduction of trade working capital■ Outsourcing of prefabrication parts as an effective measure to reduce costs■ Direct deliveries to the production line by the suppliers

■ Further targeted improvement in revenues and earnings

Thank you!

Page 20

Company profile

■ Leading manufacturer of firefighting vehicles in the fire protection and civil defense sector■ Full-liner – covering any needs of the fire services

■ World’s largest exporter of fire fighting vehicles

■ Largest sales and service organization in the fire industry

■ Production according to DIN and NFPA (US) standards with production facilities in Europe, North America and Asia

■ Industry leader in technology and innovation

■ Rosenbauer Group in 2015■ Revenue 865.4 € million

■ EBIT 50.6 € million

■ Headcount 3,086 employeesAs of 2015

Europe34%

NAFTA22%

Asia/Ozeania

11%

Arab world27%

Rest of the world

6%

Page 21

Fremont / NB

Singapore

Leonding / AustriaTraun / AustriaNeidling / Austria

Karlsruhe / GermanyLuckenwalde / GermanyMogendorf & Gladbeck / Germany

Oberglatt / Switzerland

Madrid / SpainLinares / Spain

Production facilities, sales and service companies

Wyoming / MN

Rosenbauer America

Lyons / SD

Halfway House / South Africa

Brunei

Moscow / Russia

ProductionSales /Service

Radgona / Slovenia

Chambery / France

Riyadh / Saudi Arabia

Jeddah / Saudi Arabia

KAEC / Saudi Arabia (until 2016)

Holmfirth / UK

Page 22

SiFaT Simulator – Rosenbauer DesignStrategy GO 2020

■ Intensify penetration■ Speed up development■ Open up new

■ Optimize existing■ Add missing

■ Optimize processes■ Lean methods

Markets

Products

Processes

Organization

Increase market share

ImproveEBIT

ReduceWCAP

GrowthTurnover

■ Area Organization■ Global Product Divisions■ Global Corporate Functions

Page 23

Balance-sheet structure and financing(in € million)

181.3 154.4

87.377.1

190.2208.0

153.0 140.4

2015 2014

Property-plant andequipment

Inventories

Constructioncontracts

Receivables/Other assets 157.9 127.3

42.4 48.3

181.2 209.6

198.4 226.6

2014 2015

Equity

Interest-bearingliabilities

Provisions

Liabilities andother debts

A K T I V A P A S S I V A

48.8

154.2

191.3

187.9198.3

226.6

25.9%

77.7%84.4%

0%

20%

40%

60%

80%

100%

0

40

80

120

160

200

240

2013 2014 2015Net debt Equity Gearing ratio

B A L A N C E - S H E E T S T R U C T U R E F I N A N C I N G

Page 24

Segment reporting by areas

CEEU NISA

142,2

187,5

9,4

14,8

0

5

10

15

20

25

0

50

100

150

200

250

2014 2015Revenues EBIT

Revenue increase from high rise aerial appliances,

equipment and customer service

Expenses for Interschutz and fluctuations in capacity

utilization put pressure on EBIT

172,9 166,2

12,7 11,1

0

5

10

15

20

25

0

50

100

150

200

250

2014 2015Revenues EBIT

High rise aerial appliances successful in France

First sales of municipal vehicles in the UK

Page 25

Segment reporting by areas

MENA NOMA

142,2

187,5

9,4

14,8

0

5

10

15

20

25

0

50

100

150

200

250

2014 2015RevenuesEBIT

Additional expenses for vehicle

delivery reduces EBIT

172,9 166,2

12,7 11,1

0

5

10

15

20

25

0

50

100

150

200

250

2014 2015RevenuesEBIT

Russia sees sharp decline due to

low oil price

High demand for ARFF

142,2

187,5

9,4

14,8

0

5

10

15

20

25

0

50

100

150

200

250

2014 2015RevenuesEBIT

APAC

Positive currency effects

Reduced delivery times due to

expansion

Page 26

Headcount

1,030

1,117

1,209

1,308

1,403

514

609

668

708

716

498

556

578

650

675

81

150

196

275

292

31.12.2011

31.12.2012

31.12.2013

31.12.2014

31.12.2015

Austria USA Germany Rest of the world

3,086

2,941

2,651

2,432

2,123

■ Headcount growth mainly in production-related areas at the plants inAustria, Germany and the USA

■ In addition about 210 temporary employees are working for the Group

Page 27

Disclaimer

This presentation has been prepared by Rosenbauer International AG forinformation purposes only. Maximum care has been taken to ensure thatthe information contained herein is not untrue, however, RosenbauerInternational AG does not assume any responsibility for its completeaccuracy or correctness.This presentation may not be reproduced, transmitted or distributed (inwhole or in part) by any other person. Unless otherwise stated, all views(including statements and forecasts) are solely those of RosenbauerInternational AG and are subject to change without notice.This presentation is aimed solely at investment professionals who areexpected to make their own investment decisions without placing unduereliance on the information interpreted by Rosenbauer International AG,which under no circumstance accepts any responsibility forconsequences arising from the use of this report.This document does not constitute an offer or invitation to subscribe for orpurchase any securities and neither this document nor anything containedherein shall form the basis of any contract or commitment whatsoever.