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LATEST IR NEWS 2023

MTU Aero Engines is Germany's leading engine manufacturer and an established global player in the industry. It engages in the development, manufacture, marketing and support of commercial and military aircraft engines in all thrust and power categories and industrial gas turbines. The German manufacturer employs over 12,000 people overall and with its various affiliates and subsidiaries has a presence in all significant regions and markets worldwide. In the years ahead, MTU will focus its resources on its core business, seek stakes in emerging engine programs and expand its service offerings.

Safran Helicopter Engines and MTU Aero Engines have signed a Memorandum of Understanding (MoU) to create a 50/50 joint venture as an agile and lean structure intended to develop a new engine for the European Next Generation Rotorcraft Technologies (ENGRT) project.Safran Helicopter Engines and MTU Aero Engines have signed a Memorandum of Understanding (MoU) to create a 50/50 joint venture as an agile and lean structure intended to develop a new engine for the European Next Generation Rotorcraft Technologies (ENGRT) project.

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MTU Aero Engines AG is raising its earnings forecast for the current financial year in light of expectations regarding future business development. The company now expects an adjusted EBIT of more than € 800 million. This represents a slight year-on-year increase in the adjusted EBIT margin, compared to the previous guidance of a stable adjusted EBIT margin.

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MTU Aero Engines AG increased revenue by 31% to €1.54 billion in the first quarter of 2023 (1- 3/2022: €1.18 billion). Operating profit increased by 62% from €131 million to €212 million. The adjusted EBIT margin rose from 11.1% in the first quarter of 2022 to 13.7% in the first quarter of 2023. Net income climbed 70% from €93 million to €157 million.

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Publication of inside information pursuant to Article 17 MAR 

MTU Aero Engines AG generated revenues and earnings in the first quarter of 2023 that were well above market expectations. The company is maintaining its full-year forecast.

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At its meeting today, the Supervisory Board of MTU Aero Engines AG agreed with the Executive Board’s dividend proposal: A proposal for a dividend payment of €3.20 per share for the 2022 fiscal year will be submitted to the Annual General Meeting on May 11, 2023. That is a year-on-year increase of €1.10 (52 percent).

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MTU Aero Engines AG increased revenue by 27% to €5.3 billion in 2022 (2021: €4.2 billion). The operating profit increased by 40% from €468 million to €655 million. The adjusted EBIT margin rose from 11.2% in 2021 to 12.3% in 2022. Net income developed in line with the operating profit and rose 39% to €476 million in 2022 (2021: €342 million).

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