TKMS (TKMS) Investor Presentation summary

Experienced management and strategic vision

• Leadership team includes CEO Oliver Burkhard, CFO Paul Glaser, CTO Dr. Dirk Steinbrink, and CHRO Angelika Kambeck, all with strong execution records and a clear long-term vision.

• Management has overseen a successful transformation, fixed operational basics, and is focused on scaling for growth.

Market position and business fundamentals

• Over 185 years of experience, with more than 8,500 employees and a global footprint in over 50 countries.

• Leading supplier of conventional submarines and a top 3 supplier of surface vessels, with more than 330 vessels supplied.

• Revenue of ~€2.0bn and adjusted EBIT of ~€86mn for FY23/24, with an order backlog of ~€18bn as of May 2025.

Growth drivers and market outlook

• Order backlog has tripled since 2020, providing ~9x revenue coverage and multi-year visibility.

• Attainable market expected to nearly double by 2033, driven by rising defense budgets and increased demand for naval capabilities.

• Resilient market with long-term purchasing cycles, deep customer partnerships, and peace-resilient demand.