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ČESKÁ ZBROJOVKA GROUP SE One of the Leading Firearms Producers for Military and Law Enforcement, Hunting, Personal Defence and Shooting Sport Markets

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ČESKÁ ZBROJOVKA GROUP SE One of the Leading Firearms Producers for Military and Law Enforcement, Hunting, Personal Defence and Shooting Sport Markets CZG – ČESKÁ ZBROJOVKA GROUP SE One of the leading firearms producers for military and law enforcement, hunting, personal defence and shooting sport markets February 2021 STRICTLY CONFIDENTIAL Legal Disclaimer IMPORTANT - YOU MUST READ THE FOLLOWING BEFORE CONTINUING • This presentation (the “Presentation”) has been prepared by CZG - Česká zbrojovka Group SE, with its registered office at Opletalova 1284/37, Nové Město, 110 00 Praha 1, Identification Number 291 51 961, registered in the Commercial Register maintained by the Municipal Court in Prague, Section H, Insert 962 (the “CZG”). By attending the meeting where this Presentation is made or byreading or accessing this Presentation you acknowledge and agree to be bound by the following terms and conditions. • The Presentation has been prepared with due care, however certain inconsistencies or omissions might have appeared in it. Therefore it is recommended that any person who intends to undertake any investment decision regarding any security issued by CZG or any member of its group (the “Group”) shall only rely on information released as an official communication by CZG in accordance with the legal and regulatory provisions that are binding for CZG. • Past performance should not be taken as an indication or guarantee of future results, and no representation or warranty, express or implied, is made regarding future performance. CZG does not guarantee that the assumptions underlying the forward-looking statements in this Presentation are free from errors, accept any responsibility for the future accuracy of the opinions expressed in this Presentation or undertake any obligation to update the statements in this Presentation to reflect subsequent events. The forward-looking statements in this Presentation are made only as of the date hereof. Neither the delivery of this Presentation nor any further discussions of CZG with you shall, under any circumstances, create any implication that there has been no change in the affairs of CZG since such date. • Forward - looking statements, including statements relating to expectations regarding the future financial results give no guarantee or assurance that such results will be achieved. Expectations of the management of CZG are based on present knowledge, awareness and/or views of the members of management and are dependent on a number of factors, which may cause that the actual results that will be achieved by the CZG may differ materially from those discussed in this Presentation. Many such factors are beyond the present knowledge, awareness and/or control of the CZG, or cannot be predicted by it. None of the Group, CZG or its directors, managers, advisers or representatives of such persons makes any representation or warranty, expressed or implied, as to the fairness, accuracy, completeness or correctness of this Presentation, the sufficiency of this Presentation for your purposes or the appropriateness of this Presentation for any purpose other than that for which it was intended and nothing contained herein is, or shall be relied upon as, a promise or representation, whether as to the past or the future. • This Presentation should not be construed as legal, regulatory, tax, accounting, investment or other advice. Nothing contained herein shall constitute any representation or warranty as to future performance of any security, credit, currency, rate or other market or economic measure. No reliance may be placed for any purpose whatsoever on this Presentation. • This Presentation was prepared for information purposes only and is neither a purchase or sale offer, nor a solicitation of an offer to purchase or sell any securities or financial instruments or an invitation to participate in any commercial venture. This Presentation is neither an offer nor an invitation to purchase or subscribe for any securities in any jurisdiction and no statements contained herein may serve as a basis for any agreement, commitment or investment decision, or may be relied upon in connection with any agreement, commitment or investment decision. What makes CZG a unique investment opportunity 1 ONE OF THE LEADING EUROPEAN FIREARM PRODUCERS WITH GLOBALLY RECOGNIZED BRAND 2 PARTNER OF CHOICE TO BOTH INSTITUTIONS & INDIVIDUALS GLOBALLY WITH UNIQUE OFFERING 3 INNOVATION AND MANUFACTURING EXCELLENCE IN ITS DNA 4 WIDE CLIENT BASE AND POTENTIAL FOR FURTHER EXPANSION 5 EXPERIENCED MANAGEMENT TEAM WITH A STRONG COMPLIANCE AND ESG FOCUS 6 PLANNED ACQUISITON & STRONG FINANCIAL PERFORMANCE A Leading firearms producer with global footprint REVENUE BREAKDOWN 9M 2020 PRODUCTION SITES SPUHR 1 LÖDDEKÖPINGE DAN WESSON NY CZ-USA CZG KS UHERSKÝ BROD BRNO ▪ Portfolio of small firearms for all segments of the civilian market (i.e. self-defence, hunting, sports shooting) ▪ Recent successful expansion into military/law enforcement END MARKETS REVENUE DEVELOPMENT markets CZK m Civilian ▪ Around 1,647 employees in the Czech Republic, US and Germany ▪ A fast growing and profitable business, 2017-2019 Revenue CAGR of 14.4%, average 2017-2019 EBITDA margin 21.6% EBITDA FROM CONTINUED OPERATIONS (”EBITDA”) (1) ▪ Over 75% of revenues from customers outside Czech CZK m Republic in more than 90 countries around the world in 2019 Military and Law Enforcement Source: Consolidated Financial Statements of CZG as of 31 December 2019, Unaudited consolidated financial statements for the period ended 30 September 2020; figures are for continuing operations.; figures are for continuing operations, 2017-2018 and 9M2019; In terms of 2019 revenues 1 – EBITDA from continued operations “EBITDA“ calculated as Profit for the period from continued operations plus income tax, interest expense and depreciation and amortization less interest income (EBITDA margin calculated as EBITDA divided by Revenues from the sale of own products, goods, and services) One of the leading and longest standing European 1 firearms producers FOUNDED IN 1949: #1 NATIONAL 1975: START OF THE 1997: EXPANSION OF 2001: MR RENÉ 2011: RESTART OF TODAY 1936 SMALL FIREARMS LEGENDARY CZ75 BUSINESS HOLEČEK TAKES SERVICE OFFERING ONE OF THE LEADING EUROPEAN IN CZECHOSLOVAKIA PRODUCER PRODUCTION ACTIVITIES INTO THE OVER THE FOR THE MILITARY SMALL FIREARMS MANUFACTURERS US COMPANY MARKET (1) AT THE TIME ONE OF GRADUALLY BECAME MORE THAN A FOLLOWING THE SAVING THE FOLLOWING THE Highly successful and award-winning product lines (CZ75, BREN, Scorpion) THE MOST MODERN THE MAIN MILLION PIECES SOLD PRIVATISATION OF COMPANY FROM CONTRACT FOR AND EFFICIENT CZECHOSLOVAK TO DATE THE COMPANY IN 1992 LOOMING REARMAMENT OF THE Guns used by the Czech armed forces, FACTORIES SMALL FIREARMS BANKRUPTCY CZECH ARMY French antiterrorist unit “GIGN”, police in Singapore, Mexico, Poland and Romania WORLDWIDE MANUFACTURER AFTER IT WAS Five production sites (2x Czech Republic, 2x (2) NATIONALISED IN 1949 United States and Sweden ) with around 1,647 employees in the Czech Republic, US and Germany Two R&D hubs in the Czech Republic 1936 1949 1975 1997 2001 2011 (Prague & Uherský Brod), which together employed c. 185 FTEs(3) The planned construction of the Group’s new production facility in Little Rock, Arkansas, United States (the “Little Rock Project”), may be further delayed, not completed as currently planned, or at all, or not produce the benefits expected. Source: Company 1 – CZ P-10 S Optic Ready is a 2019 Winner of On Target Editor’s Choice Award, CZ P-10 won Guns&Ammo Pistol of the Year award 2017 2 – Minority interest in Spuhr I Dalby 3 – As of 30 Septermber 2020 1 The Group‘s structure Česká zbrojovka Partners SE Free float Czech Republic 90.76% 9.24% 100% CZG – Česká zbrojovka Group SE (“CZG”) EHC-4M, SE Czech Republic Czech Republic 100% 99.32% 100% 100% 100% 100% CZG-Česká zbrojovka CZ-US CZ Export Praha, s.r.o. Česká zbrojovka a.s. Group International CZG VIB s.r.o. 4M SYSTEMS a.s. s.r.o. Holdings Inc. Czech Republic Czech Republic Czech Republic Czech Republic USA Czech Republic 49% 100% 33% 100% 100% 20% 25% 24.99% 100% 100% 100% VIBROM Latin America ZBROJOVKA CZ – Slovensko Spuhr i Dalby AB CZ MFG, Inc. CZ CZ Brasil LTDA CARDAM s.r.o. EG-CZ Academy spol. s r.o. CZ-USA Inc. Holding, a.s. BRNO, s.r.o. s.r.o. Acquisition II. LLC. Brazil Czech Republic Slovakia France Sweden USA USA Czech Republic Czech Republic Czech Republic USA Notes: 1 – As of January 2021, post-IPO HOLDING COMPANIES OPERATING COMPANIES NO ASSET COMPANIES 1 Global manufacturing organisation CZUB Produces CZ firearms Zbrojovka Brno Produces Brno Rifles ~ 121 FTEs(1) DAN WESSON ~1,532(1) 4M Systems CZ-USA FTEs(1) Produces, designs, markets and sells ballistic equipment and accessories CZ-USA • Produces CZ-USA and P10 Striker pistols Spuhr i Dalby(2) • Assembles CZ Scorpion EV03 and a Designs and manufactures optical mounting variety of CZ rimfire rifles solutions and weapon upgrades • Produces Dan Wesson firearms • Imports CZ firearms ToT Hungary (Arzenál) • Imports CZ-USA shotguns manufactured Produces CZ firearms for Hungarian army. by Huglu and Akkar Company owned by the state of Hungary Turkish Partners Huglu and Akkar Produce CZ-USA branded shotguns Source: Company 1 – As of 30 September 2020 2 – CZG acquired minority stake of 25% in Spuhr I Dalby in May 2020 1 Group structure underpinning the strategy OPERATING SUBSIDIARIES AND STRATEGIC VENTURES BUILD UP DEVELOP PRODUCE AND SELL BOOST THE OFFER LEVERAGE THE EXPERTISE ▪ Research and development ▪ Manufacturing, R&D, design, tender ▪ Design, manufacture and sale of ▪ Shooting academy partnership with the Institute of and other
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