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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 1 © Gestamp 2025 1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 H1 2026 Results presentation July 30 th , 2026
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 2 © Gestamp 2026 disclaimer This presentation has been prepared solely for use at this presentation of our results as of and for the quarter ended June 30 th, 2025 . By attending the conference call meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations . This presentation is not an offer for sale of securities in the United States or in any other jurisdiction . This presentation has been prepared for information and background purposes only . It is confidential and does not constitute or form part of, and should not be construed as, an offer or invitation to subscribe for, underwrite or otherwise acquire, any securities of Gestamp Automoci ό n , S . A . (the “Company”) or any member of its group nor should it or any part of it form the basis of, or be relied on in connection with, any contract to purchase or subscribe for any securities of the Company or any member of its group or with any other contract or commitment whatsoever . Neither this presentation nor any part of it may be reproduced (electronically or otherwise) or redistributed, passed on, or the contents otherwise divulged, directly or indirectly, to any other person or published in whole or in part for any purpose without the prior written consent of the Company . This presentation does not purport to be all - inclusive or to contain all of the information that any person may require to make a full analysis of the matters referred to herein . Each recipient of this presentation must make its own independent investigation and analysis of the Company . This presentation may contain certain forward - looking statements and judgements that reflect the management’s intentions, beliefs or current expectations . These forward - looking statements include, but are not limited to, all statements other than statements of historical facts, including, without, limitation, those regarding the Company’s future financial position and results of operations, strategy, plans, objectives, goals and targets and future developments in the markets where the Company participates or is seeking to participate . The Company’s ability to achieve its projected results is dependent on many factors which are outside management’s control . Actual results may differ materially from (and be more negative than) those projected or implied in the forward - looking statements . Such forward - looking information involves risks and uncertainties that could significantly affect expected results and is based on certain key assumptions . Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward - looking statements as a prediction of actual results . All forward - looking statements included herein are based on information available to the Company as of the date hereof . The Company undertakes no obligation to update publicly or revise any forward - looking statement, whether as a result of new information, future events or otherwise, except as may be required by applicable law . All subsequent written and oral forward - looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements . Growth at constant exchange rates is a numerical translation of our figures from local currencies to euros, and not a description of the situation if the currencies had not moved . Capex split in categories is a management judgement, and should not be considered as a substitute for additions of tangible and intangible assets, nor depreciation and amortization . In this presentation, we may rely on and refer to information regarding our business and the market in which we operate and compete . We have obtained this information from various third party sources, including providers of industry data, discussions with our customers and our own internal estimates . We cannot assure you that any of this information is accurate or correctly reflects our position in the industry, and none of our internal surveys or information has been verified by any independent sources . No representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of the information contained herein . None of the Company, its advisers, connected persons or any other person accepts any liability for any loss howsoever arising, directly or indirectly, from this presentation or its contents . This shall not, however, restrict or exclude or limit any duty or liability to a person under any applicable laws or regulations of any jurisdiction which may not lawfully be disclaimed (including in relation to fraudulent misrepresentation) .
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© Gestamp 2024 INDEX PRESENTATION KEY HIGHLIGHTS FOR H1 2026 FINANCIAL OVERVIEW OUTLOOK AND REMARKS 3 © Gestamp 2026
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 4 © Gestamp 2026 Key highlights of H1 2026 Strong results performance in H1 2026 driving FY 2026 visibility Revenues €5,794m EBITDA(2) €651m FCF (3) Auto Revenue Growth at FX constant ( 1) EBITDA Margin (2) +2.9% +1.3% Q2 2026 H1 2026 11.6% 11.2% 1. Growth rates related to the Auto business (excluding Gescrap) 2. Excluding Phoenix Plan impact on P&L of € 7.5 m in Q2 2026 and of €10.9m in H1 2026. Reported EBITDA in H1 2026 is € 640 m and in Q2 2026 is € 337 m 3. FCF calculated as change in net debt excluding acquisitions, dividends, share repurchases and a neutral forex (calculated by inc luding exchange gains and losses, hyperinflation effect and certain translation differences with equity impact). Excluding Phoenix Plan impact on P&L of € 10.9 m & CAPEX of €9.6m in H1 2026 Q2 2026 H1 2026 Positive FCF Generation H1 2026 €86m
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 5 © Gestamp 2026 Q2 Q1 Light Vehicle Production Volumes (1) H1'26 AUTO PRODUCTION STALLS ACROSS KEY REGIONS Limited growth in key regions, with challenging year - over - year comparisons in China impacting global production 42.4 43.4 40.8 27.3 35.8 35.1 39.6 39.8 41.5 41.1 2.4% - 6.0% - 33.1% 31.1% - 2.0% 12.9% 0.5% 4.2% - 0.9% H1 2017 H1 2018 H1 2019 H1 2020 H1 2021 H1 2022 H1 2023 H1 2024 H1 2025 H1 2026 Production volumes (Mveh) YoY growth (%) - 3 .1 % 1. Production volumes in Gestamp’s footprint according to S&P Global Mobility data as of July 2026. Includes content supplied by S& P Global Mobility Copyright © [IHS_LV_Production_Bodystyle_Global_2026M07]. All rights reserved 2. Western Europe data includes Morocco in line with our reporting H1 2026 Production Volumes Gestamp Footprint H1 2026 vs H1 2025 China Eastern Europe - 1.2 % - 0.10 - 1 .9% - 0.04 - 1.3 % - 0.79 - 5.3% Mveh % - 0.00 - 0.0 % North America Western Europe (2) 20.3 20.1 Q1'25 Q1'26 +0.7 - 0.5 % 21.1 21.0 Q2'25 Q2'26
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 6 © Gestamp 2026 1. Gestamp’s organic growth (excluding Gescrap ) at FX constant used for comparability with production volumes. Production volumes in Gestamp’s footprint as of July 2026. I ncl udes content supplied by S&P Global Mobility Copyright © [IHS_LV_Production_Bodystyle_Global_2026M07]. All rights reserved. Western Europe data includes Morocco in line with our reporting 2. Market and Gestamp weighted growth measured with H1 2025 geographical weights as a base 3. Outperformance calculated excluding China Mercosur Western Europe North America Asia Eastern Europe -1.3% 8.0% Market Gestamp -1.2% -3.3% Market Gestamp 5.1% 2.3% Market Gestamp Gestamp revenues performance compared to the market Out performance of +2 . 0 p.p. on a weighted basis (2) at FX constant in H1 2026 Gestamp Auto Business at FX constant -0.9% 1.3% Market Gestamp -1.9% -0.9% Market Gestamp H1 2026 Gestamp Auto Business Revenue Growth at FX Constant (1) vs. Market Production Growth in Gestamp Footprint +2 . 1 %0.0% 2.6% Market Gestamp +15.5% Ex China 3
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 7 © Gestamp 2026 Solid organic growth despite a subdued market environment YoY Reported Revenue ( €m) Bridge Chart 5,844 5,794 70 36 Revenues H1 2025 Organic Growth Gescrap Forex Revenues H1 2026 - 157 - 0.9% YoY Gescrap top line positively impacted by higher scrap prices in H1 2026 Solid organic growth driven by Eastern Europe and NAFTA primarily Negative forex evolution mainly due to currencies in Turkey, United States, Argentina and India +0.6 % +1.2 % - 2.7 %
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 8 © Gestamp 2026 Auto business: Focus on profitability improvement as key lever ✓ Cost reduction initiatives ✓ Flexibility measures ✓ Constructive customer’s negotiation ✓ Delivery on Plan Auto Business Revenues & EBITDA YoY - excluding Phoenix Extraordinary Cost (1) % Short - term actions to improve profitability back to peak levels Revenues EBITDA On track for the execution of the FY 2026 guidance EBITDA Margin 674 H1 2023 11. 4 % 5,922 5,823 627 H1 2024 10. 8 % (2) H1 2025 11.3% (2) 5,563 626 +11bps Y oY 11.4 % 5,477 623 H1 2026 (2) >11.9% 1. Excluding Phoenix Plan impact on H1 2024 ( €12.0m), H1 2025 (€9.5m) and H1 2026 (€10.9m)
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 9 © Gestamp 2026 Strong profitability momentum with a clear path to achieve restructuring targets North America excluding Phoenix Extraordinary Plan Revenues EBITDA % EBITDA Margin CAPEX €9 .6 m 1. Production volumes in Gestamp’s footprint according to S&P Global Mobility data as of July 2026. Includes content supplied by S& P Global Mobility Copyright © [IHS_LV_Production_Bodystyle_Global_2026M07]. All rights reserved 2. Excluding Phoenix Plan impact on P&L of €3.4m in Q1 2026 and of €7.5m in Q2 2026. Impact on P&L of €9.5m in H1 2025 and €10.9 m i n H1 2026 P&L €10.9m H1 2026 Extraordinary impacts 555 39 588 52 Q1 2026 Q2 2026 (2) (2) 7.1 % 8.8% Sequential EBITDA Margin improvement quarter - on - quarter in 2026 In a low - growth market Environment Production volumes in North America (1) H1 2026 % YoY Evolution + 0 .1 % USA 0.0% North America - 0.4 % MEX Continue Delivering on the phoenix plan as a key priority c. 50 % Incurred of Total 2026 Impacts FY 2026E EBITDA Margin Committed to deliver on our 2026 t arget > 10 %
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 10 © Gestamp 2026 Europe (1) China (3) USA (2) ( €/Tn) Improving market conditions driving to a significant performance improvement and providing good visibility to achieve YE targets 301 289 288 311 326 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 260 257 271 277 290 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 376 357 331 349 365 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Gescrap: Positive momentum as scrap prices RECOVER +5% +13% +5% +10% +5% +7% Source: Bloomberg as of July 2026 1. Figures taken from an average between Turkey Steel Scrap (HMS 1/2 80:20) Spot CFR Index and Germany Steel Demolition Scrap (E3) Spot Ex - Works Index 2. North America Steel #1 Busheling Scrap Spot Index 3. China Heavy Steel Scrap Over 8mm Shanghai Price Index Note: Tons of scrap managed by Gescrap in the half 1,240k Tons as of H1 2026 and 1,140kTons as of H1 2025 Q1 202 6 6.4 % 10.0 % EBIT Margin € / Ton (4) Q2 2026 7.6 % 12.2 161 +2.7% Q2 2026 Q1 202 6 157 Revenue ( €m) EBIT ( €m) Scrap prices are progressively recovering from extraordinary negative performance in H2 2025
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 11 © Gestamp 2026 INDEX PRESENTATION KEY HIGHLIGHTS FOR H1 2026 FINANCIAL OVERVIEW OUTLOOK AND REMARKS 11 © Gestamp 2026
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 12 © Gestamp 2026 Reported revenues have decreased by - 0.9% (3) YoY in H1 2026 Reported EBITDA has decreased by - 0.1% YoY Total Revenue 5,844 5,794 EBITDA 641 651 EBITDA margin (%) 11.0% 11.2% EBIT 286 276 EBIT margin (%) 4.9% 4.8% Net Income 75 H1 2026 Excluding Phoenix (2) (In €m) Financial Performance in H1 2026 5,794 640 11.1% H1 2026 Reported 265 4.6% H1 2025 Reported 110 FCF (1) 85 Net Debt 2,141 65 1,771 86 Note: All figures including IFRS 16 1. FCF calculated as change in net debt excluding acquisitions, dividends, share repurchases and a neutral forex (calculated by inc luding exchange gains and losses, hyperinflation effect and certain translation differences with equity impact) 2. Phoenix Plan impact in H1 2026 on P&L of c. €10.9m & CAPEX of c.€9.6m and in H1 2025 on P&L of c.€9.5m & CAPEX of c.€5.0m rela ted to restructuring of NAFTA business announced in FY 2023 3. Revenues for the Auto Business (excluding Gescrap ) at FX constant have increased by +1.3% YoY in H1 2026 5,844 651 11.1% 295 5.0% H1 2025 Excluding Phoenix (2) 99
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 13 © Gestamp 2026 Non - cash one - off impacts STRONG NET INCOME IMPROVEMENT year-on-year 1. SFA amendment closed as of January 8 th . €1.7bn includes €500m of revolving credit facility that remains undrawn Reported Net Income (In €m) H1 2025 H1 2026 75 104 110 6 Net one - offs Net Income excluding one - offs c. 40 % €15m of write - downs linked to the extraordinary actions to realign EV exposure initiated in H2 2025, in line with our customers strategy €23m accounting impact at financial income arising from the €1.7bn (1) SFA amend, and extension (IFRS 9) closed in January As a result, there is an €8m positive impact at EBT level or €6m net of taxes at net profit Strong net profit improvement excluding one-offs 117 162 106 H1 2024 H1 2023 H1 2022
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 14 © Gestamp 2026 Geographic diversification supporting performance 1. NAFTA excluding Phoenix Plan impact on P&L of €10.9m in H1 2026 and of c.€9.5m in H1 2025 H1 2025 H1 2026 Var. (%)H1 2025 H1 2026 Var. (%) H1 2025 H1 2026 W e s t e r n Eu r o p e 209 -3.9%2172,117 2,090 -1.3% E a s t e r n Eu r o p e 151 -1.4%1531,002 +0.3%999 N orth America 1 91 +12.3%811,143 -0.5%1,149 M e rc o s u r 52 +21.1%43402 +2.2% A s i a 120 -8.9%132838 -7.2%904 651 +0.1%6515,794 -0.9%5,844 Gescrap 28317 24281 EBITDA ( €m) Revenues ( €m) EBITDA Margin (%) 10.3 10.0 15.3 15.1 7.1 8.0 10.8 12.8 14.6 14.3 8.6 8.9 11.1 11.2 +12.9% +16.6% 394
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 15 © Gestamp 2026 FCF (1) Generation of 86 €m (1,2) in H1 2026 (In €m) Excluding Phoenix Reported (2) Strong positive FCF (1) generation in Q2 offsetting a negative Q1 due to business seasonality c.36 % H1 2026 Group Operating Cash Flow Conversion (3) Committed with FY 2026 Guidance of a 35% range 1,821 1,771 Net Debt FY 2025 - 49 Net Debt Variation Net Debt H1 2026 49 65 86 42 20 Net Debt Variation - 0 .2 Minority acq. / M&A Dividends - 26 FX Impact Free Cash Flow Phoenix Free Cash Flow Sustained Strength in Cash Flow Generation (2) Note: All figures including IFRS 16 1. FCF calculated as change in net debt excluding acquisitions, dividends, share repurchases and a neutral forex (calculated by incl udi ng exchange gains and losses, hyperinflation effect and certain translation differences with equity impact) 2. Phoenix Plan impact on P&L of c. €7.5m and CAPEX of c.€7.1m in Q2 2026 and in H1 2026 on P&L of c.€10.9m and on CAPEX of c.€9. 6m 3. Operating cash flow defined as reported EBITDA minus net cash capex (investment minus asset disposals). Group operating cash flo w conversion defined as operating cash flow over EBITDA
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 16 © Gestamp 2026 Preserving a strong financial profile Maintaining First Half Deleverage Path 2,080 2,209 2,888 3,037 2,480 2,300 2,224 2,191 2,141 1,771 H1 2017 H1 2018 H1 2019 H1 2020 H1 2021 H1 2022 H1 2023 H1 2024 H1 2025 H1 2026 2.8x 4.0x 2.4x 2.3 x 2.4x 2.2x 1.6x Net debt to LTM EBITDA (x) 1.7x 1.7x Lowest Net Debt Figure for a First Half Net debt and leverage reduction Note: 2017 & 2018 figures pre - IFRS 16 implementation. Reported net debt including Phoenix impact Net Debt in €m 1.4x
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 17 © Gestamp 2026 INDEX PRESENTATION KEY HIGHLIGHTS FOR H1 2025 FINANCIAL OVERVIEW OUTLOOK AND REMARKS 17 © Gestamp 2026
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 18 © Gestamp 2026 2026 Forecast Revisions by region Market context worsening since February H1 2026 Updates marked by a Weakening Production Outlook LV Production (1) in S&P Global Mobility Geographies ( Mveh ) 1. Production volumes according to S&P Global Mobility data as of July 2026. Includes content supplied by S&P Global Mobility Copyright © [IHS_LV_Production_Bodystyle_Global_2026M07]. All rights r ese rved 2. Production volumes by geographies according to S&P Global Mobility definition, data as of July 2026 Feb 26 Mar 26 Apr 26 May 26 Jun 26 Jul 26 0.7 % YoY Growth ( 1 ) - 0.2 % YoY Growth ( 1 ) - 2.1 92.8 92.1 0.8 91.4 0.5 90. 9 0.2 90.7 91.1 0.4 Auto Production Volumes Revisions in 2026 - 1.7 Mveh Growth (2) Feb 26 Jul 26 July seems to stabilize the yearly outlook after a streak of downward adjustments since February Mercosur Western Europe North America Eastern Europe 2026E 2026E 9.8 22.8 2026E 2026E - 0.1 22.8 2026E 2026E 0.0 15.1 7.2 2026E 2026E 7.1 3.2 2026E 2026E 3.1 15.0 9.8 0.1 - 0.1 - 0.1 Asia (ex. China) China 32.5 2026E 2026E - 1.1 31.3
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19 © Gestamp 2026 bRAZIL N E W p l a n t i n P i r a c i c a b a ( s a o p a o l o ) #8 th p l a n t i n t h e c o u n t r y india N E W p l a n t i n g u j a r a t #5 th p l a n t i n t h e c o u n t r y Balance Sheet Strength Driving Leadership Ambition This map is provided for illustrative corporate communication purposes only . It is a stylized representation of Gestamp Group’s global presence and is not intended to be, nor should it be construed as, an official or politically accurate map. It does not purport to depict precisely any borders, territorial boundaries, denominations, jurisdictions, or the legal status of any territory, and it implies no opinion or position by Gestamp in that reg ard. Gestamp remains fully committed to strict compliance with applicable laws and regulations in each jurisdiction where it ope rates. 2025A 2029E +4.8% 7.4 6.1 1.3 2025A 2029E +5.9% 3.1 2.5 0.6 High growth regions Selective investments with a focus on: 1. adding capacity to capture growth 2. BROADER CUSTOMER DIVERSIFICATION 3. BECOMING MORE “LOCAL” Sustainable value creation Low growth markets Focus on “rightsizing” 1. Fixed cost control 2. Revaluating capacity to become more flexible 1. Production volumes according to S&P Global Mobility data as of July 2026. Includes content supplied by S&P Global Mobility Co pyr ight © [IHS_LV_Production_Bodystyle_Global_2026M07]. All rights reserved ( Mveh (1) ) ( Mveh (1) ) America asia
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20 © Gestamp 2026 Guidance 2026 Reiterating our 2026 guidance Note: All figures including IFRS 16 and based on current S&P Global Mobility estimated LV production as of February 2026 grow th, at FX constant and extraordinary impacts not forecasted at the time of this release 1. Reported EBITDA margin excluding Phoenix impact of €15.9m on P&L and in the Auto business precisely 2. Operating cash flow defined as reported EBITDA minus net cash capex (investment minus asset disposals). Group operating cash flo w conversion defined as operating cash flow over EBITDA Group EBITDA Margin (1) >11.7% at YE 2026 Auto Gescrap >7.4% at YE 2026 Group Operating Cash Flow Conversion (2) in the 35% range at YE 2026 Operating cash flow defined as reported EBITDA minus net cash capex(2) 20 © Gestamp 2026 >11.9% at YE 2026
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21 © Gestamp 2026 Closing remarks Phoenix plan as key company priority to reach EBITDA margin targets H1 2026 Solid Results Strong visibility to deliver FY 2026 Guidance Reinforcing our Financial Profile Strong profitability and FCF generation in H1 2026 reinforcing our positioning
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© Gestamp 2020 1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 the Partner supplier Gestamp www.gestamp.com 22 © Gestamp 2026
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1 66 106 89 124 190 145 183 223 200 219 239 1 44 71 83 86 90 166 166 166 217 217 217 23 © Gestamp 2026 Reported revenues have increased by +3.5% (3) YoY in Q2 2026 Reported EBITDA has decreased by - 1.1% YoY Total Revenue 2,861 2,960 EBITDA 341 344 EBITDA margin (%) 11.9% 11.6% EBIT 165 158 EBIT margin (%) 5.8% 5.3% Net Income 48 Q2 2026 Excluding Phoenix (2) (In €m) Financial Performance in Q2 2026 2,960 337 11.4% Q2 2026 Reported 151 5.1% Q2 2025 Reported 61 FCF (1) 176 Net Debt 2,141 207 1,771 222 Note: All figures including IFRS 16 1. FCF calculated as change in net debt excluding acquisitions, dividends, share repurchases and a neutral forex (calculated by inc luding exchange gains and losses, hyperinflation effect and certain translation differences with equity impact) 2. Phoenix Plan impact in Q2 2026 on P&L of c. €7.5m & CAPEX of c.€7.1m and in Q2 2025 on P&L of c.€2.6m & CAPEX of c.€3.6m relat ed to restructuring of NAFTA business announced in FY 2023 3. Revenues for the Auto Business (excluding Gescrap ) at FX constant have increased by +2.9% YoY in Q2 2026 2,861 343 12.0% 168 5.9% Q2 2025 Excluding Phoenix (2) 182
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24 © Gestamp 2026 Appendix – alternative performance measures This results presentation and any related conference call or webcast (including any related question and answer session) (the " Presentation "), in addition to financial information detailed in the Gestamp Group ´ s financial statements prepared in accordance with International Financial Reporting Standards, contains alternative performance measures (" APMs ") as defined in the Guidelines on Alternative Performance Measures published by the European Securities and Markets Authorit y ( ESMA) on October 5, 2015. A breakdown of the explanations and reconciliations of the APMs used in the Presentation, as well as further details about it s d efinitions, can be found, as applicable, in Note 4.6. of the Notes to the Consolidated Financial Statements of the Gestamp Group as of December 31, 2024, in the Management Re por t of the Gestamp Group corresponding to the second quarter of 2025 as well as in the Presentation itself, available both on Gestamp's corporate website ( https://gestamp.com/Investors - Shareholders/Economic - Financial - information ) and on the website of the National Securities Market Commission (Comisión Nacional del Mercado de Valores) ( www.cnmv.es ). Our APMs are described below: ➢ Outperformance: Gestamp’s organic growth at FX constant, compared to market production volume growth in Gestamp’s production footprint accord ing to IHS data for a given period ➢ Weighted Outperformance: Market and Gestamp weighted growth measured with Gestamp’s previous year geographical weights as base for the given period ➢ EBITDA: Earnings before interests, taxes, depreciation and amortization ➢ EBIT: Earnings before interests and taxes ➢ Capex: Capital Expenditures calculated as sum of additions to other intangible assets and property, plant and equipment ➢ FCF: calculated as change in net debt excluding acquisitions, dividends, share repurchases and a neutral forex (calculated by including exchange gains and losses, hyperinflation effect and certain translation differences with equity impact) ➢ Net Debt: Total short - term and long - term debt, minus cash and equivalents ➢ Backlog : Represents sales of parts that the company expects to record including production and awarded business, over a period of ti me ➢ Sales of Parts: Revenues excluding revenues from Gescrap , as well as scrap and tooling prototypes ➢ ROCE: Return on capital employed calculated as EBIT divided by capital employed minus growth capex for the last 1.5 years ➢ Capital Employed: calculated by total assets adjusted for those balance sheet items that do not generate EBIT for the company and minus current li abilities ➢ Total Assets adjustments: Goodwill (excluding Gescrap Goodwill), Patents & Licences , Prepayment, Other NCA, Deferred Tax Liabilities, Other Receivables, Current Income Tax Assets, Receivables from Public Authorities, Cash and Cash Equivalents and Other Current Financial Assets ➢ Current Liabilities adjustments: Short Term debt, Current Tax Liabilities, Payables with Public Authorities, Other Short Term Fi nancial Liabilities, Financial Debts with Associates and Dividends ➢ EV (Electric Vehicle): Includes battery electric vehicles (BEV), plug - in hybrid electric vehicles (PHEV), fuel cell electric vehicle (FCEV) & plug - in f uel cell electric vehicle (PFCEV)