Slides
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Investors presentation INVESTORS PRESENTATION September 2025
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FY 2024 RESULTS4 GROUP OVERVIEW
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Investors presentation A family-owned business supporting long-term strategy 3 60.6 % 2.0 % 37.4 %Public Treasury shares & employees Burelle S.A. As of 31 January 2025 September 2025
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Investors presentation Complementary business groups offering a wide range of solutions 4 H2-Power Hydrogen systems C-Power Fuel systems (# 1 worldwide) Powertrain Modules & cockpits Design and assembly (# 1 worldwide) Modules Exterior & Lighting September 2025 Exterior parts (# 1 worldwide) and lighting solutions Battery packs Modules 40 R&D Centers28 Countries 150 Plants38,900 People
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Investors presentation Our strategy to address challenges in mobility 5 5 Key challenges Low visibility on automotive production Volatile environment Future of mobility to be reshaped …ACCELERATING… FORTIFY TECHNOLOGICAL LEADERSHIP DIVERSIFY CUSTOMER PORTFOLIO REBALANCE GEOGRAPHICAL MIX EXPAND BEYOND AUTOMOTIVE 4 STRATEGIC PILLARS FOCUS ON COMPETITIVENESS, PERFORMANCE AND EFFICIENCY September 2025
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Investors presentation Providing fully integrated exterior solutions September 2025 Combining the expertise of Exterior & Lighting, Modules and OP’nSoft to improve synergies Focus on operational efficiency, agility, and sustainability management Unique tailor-made technological solutions to our customers Level 2 Augmented Modules Mazda EZ-6 Renault 4 Level 1 Illuminated panels Level 3 Extended Exterior Solutions Significant order intake 2025 OBJECTIVE 6
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Investors presentation Towards a more balanced geographical activity 7 NORTH AMERICA EUROPE REST OF THE WORLD SOUTH AMERICA / AFRICA ASIA 26 plants 9 R&D centers 61 plants 20 R&D centers 10 plants 2 R&D centers 53 plants 9 R&D centers 4% revenue* 17% revenue* 52% revenue* 27% revenue* Being reinforced with order book! 1/3 2/3 EUROPE ASIANORTH AMERICA * H1 2025 economic revenueSeptember 2025
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Investors presentation Partnering with strategic players 8 … AND BEYOND AUTOMOTIVE … INCREASING EXPOSURE TO NEW PLAYERS… CAPITALIZING ON HISTORICAL AUTO MAKERS… Major EV player Our top 10 customers in 2024 September 2025 Major EV player Major EV player
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Investors presentation H1 2025 RESULTS
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Investors presentation Proving resilience in a volatile market 10 Limited direct impact for OPmobility thanks to Rapid adaptation through strong measures on costs and investments Complex environment in H1 2025 Commercial intimacy with our customers Operational proximity to customers with 150 plants in 28 countries Automotive production* down in Europe and North America Geopolitical tensions Introduction of new trade tariffs from Q2 2025 € * Source: S&P Global Mobility automotive production published in July 2025 by source plant region - [0;3.5t PC + LCV]September 2025
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Investors presentation September 2025 Very solid start of the year 2025 11 OPERATING MARGIN NET RESULT GROUP SHARE FREE CASH FLOW NET DEBT €260m in H1 2025 +11.1% vs. H1 2024 €90m in H1 2025 -€10m vs. H1 2024 €165m in H1 2025 +5.0% vs. H1 2024 €1,459m as of 30 June 2025 -€118m vs. 31 Dec. 2024
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Investors presentation September 2025 Mitigating tariffs impact thanks to strict measures 12 Strong initiatives on costs Rationalization of investments Controlled investments Intensified measures on structure costs and indirect production expenses & CAPEX (% of revenue) € H1 2024 H1 2025 4.8% 4.2% Investments down -13% in H1 2025 vs. H1 2024 Limited direct impact of tariffs on component supply H1 2024 H1 2025 SG&A (% of revenue) 4.4% 4.1%
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Investors presentation Outperforming the market in Europe, Asia and USA 13 -8.0%* -3.9%** -4.1pts +4.2%* -3.6%** +7.8pts +14.3%* +8.0%** +6.3pts ASIAEUROPENORTH AMERICA * Economic revenue. Changes are in Like-for-Like September 2025 o/w USA -2.5%* -5.5%** +3.0pts ** Source: S&P Global Mobility automotive production published in July 2025 by source plant region - [0;3.5t PC + LCV] REST OF ASIA +24.9%* +2.8%** +22.1pts CHINA +3.5%* +12.2%** -8.7pts
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Investors Presentation Revenue up +1.6% LFL in H1 2025 September 2025 14 Exterior & Lighting • Exterior posted slight growth while impacted by lower Tooling & Development than in H1 2024 • Lighting still affected by lower order book prior to acquisition Modules • Benefits from strong volumes in Europe Powertrain • Consolidating leadership position in fuel systems • Gradual ramp-up in hydrogen and electrification systems +0.4% -71 -10 -57 5,939 Economic revenue (€m) +1.6%* H1 2024 FX Revenue excl. FX Exterior & Lighting PowertrainModules H1 2025 5,868 +160 5,960 * Changes are in Like-for-Like
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Investors Presentation Significant improvement in operating margin to 4.9% of revenue September 2025 15 Operating margin rate H1 2024 H1 2025 4.9% 5.6% 5.2% 2.7% 2.2% 4.5% 5.8% Powertrain Modules Exterior & Lighting +0.6pts 4.3% Strong increase in operating margin • +11% vs. H1 2024 • 4.9% of revenue (+0.6pts YoY) Already benefiting from acceleration on cost reduction measures Modules succeeded in increasing its operating margin > 2.5% Exterior & Lighting and Powertrain posted operating margin at 5.9% (+0.7pts vs. H1 2024)
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Investors Presentation Net result Group share at €90m In €m H1 2024 H1 2025 EBITDA In % of revenue 471 8.7% 516 9.7% Operating margin In % of revenue 234 4.3% 260 4.9% Other operating income and expenses -30 -63 Financial result -63 -69 Income tax -41 -37 Net result Group share In % of revenue 100 1.9% 90 1.7% September 2025 16 Operating margin • Strong growth in operating margin +€26m vs. H1 2024 • Offsetting most of the increase in non-recurring items Other operating income and expenses • Additional €33m vs. H1 2024 • Mainly including reorganization costs and currency effects Financial result • Contained increase in financial costs Income tax • Tax rate stable at 34% vs. H1 2024
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Investors Presentation Consistent Free Cash Flow generation of €165m In €m Net debt 31 … Gross Cash Flow* CAPEX ∆WRC Others** Net debt 30 …Net Debt 31 Dec. 2024 Net Debt 30 June 2025 Others**CAPEX ∆WCRGross Cash Flow* 1,577 1,459-47 FCF €165m 384 +7 -226 * EBITDA – taxes, interest & non-recurring cash items ** Including dividends (-€54m), IFRS 16 (-€20m) and others (€27m)September 2025 17 ∆WCR • +€7m in H1 2025 vs. +€42m in H1 2024 Free Cash Flow • Up +5.0% vs. H1 2024 • Representing 3.1% of revenue vs. 2.9% in H1 2024 Capex • Controlled investments in a volatile environment • Representing 4.2% of revenue vs. 4.8% in H1 2024
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Investors Presentation Solid and sound financial structure 1,540 1,577 X 31 Dec. 2022 31 Dec. 2023 31 Dec. 2024 30 June 2025 1,669 1,459 NET DEBT AND LEVERAGE 31 Dec. 2024 30 June 2025 2.32.4 1.8 0.6 Undrawn & confirmed credit lines Available cash 1.9 In €bn LIQUIDITY 18September 2025 1.9x 1.7x 1.5x 0.5 1.7x BOND AND SSD MATURITY PROFILEIn €m In €m 87% 78% 76% 71 31 Dec. 2022 31 Dec. 2023 31 Dec. 2024 30 June 2025 71% GEARING 300 175 50 630 250 300 H2 2025 2026 2027 2028 2029 2030 2031 * * SSD Dec. 2025 already refinanced. ** ** New bond issued in July 2025.
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Investors Presentation BUSINESS HIGHLIGHTS
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Investors Presentation Exterior & Lighting - H1 2025 highlights 20 • Combining Exterior and Lighting activities to generate new products, notably One4you, and costs synergies • Exterior secured a strategic 10-year contract in Europe and USA for >3m vehicles • Gaining momentum with local Chinese OEMs • Lighting continuing to secure new orders for future growth September 2025 Key launches BYD Sealion 6e Tailgates Land Rover Range Rover Bumpers Renault 4 E-Tech Bumpers Stellantis Various vehicles Lamps AITO Seres M8 Bumpers Major local player Bumpers Key awards Chery - Huawei Luxeed R7 Bumpers Premium OEM Bumpers
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Investors Presentation Modules - H1 2025 highlights 21 • Strong performance in Europe driven by an increase of modules assembled in Slovakia and Czech Republic • High level of activity in South Korea through our JV SHB • Combining expertise from several business groups to address new mobility September 2025 Major US EV player Front end & cockpit modules, active grille shutters Skoda Enyaq Front end modules Major US EV player Robotaxi Modules and exterior parts Mercedes EQE Front end modules Mercedes CLA Front end carriers Key launches Key awards Chevrolet Various vehicles Active grille shutters
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Investors Presentation Powertrain - H1 2025 highlights 22September 2025 H2-Power • First hydrogen high-pressure vessels assembled in Lachelle (France) Kia Tasman Fuel systems Polaris Ranger Fuel systems General Motors GMC Sierra Fuel systems Key launches Key awards C-Power • Consolidating leadership in fuel systems production Sustained demand for ICE Strong hybrid ramp-up • Accelerating growth in Southeast Asia, mainly in Thailand Chery Tiggo Depollution systems Geely XingRui Fuel systems Hyundai Kona Fuel systems
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Investors presentation Expanding our business in Asia September 2025 Accelerating our exposure to strategic local players Tailgates Fuel systemsBumpers Capitalizing on solid momentum in modules Strong growth in Southeast Asia for fuel systems BYD CHINA REST OF ASIA Bumpers Suzuki Fronx Building on our joint venture YFPO > 60% order intake in this country is with Chinese OEMs Increasing activity with Indian OEMs Expanding to collective mobility with hydrogen systems 16 plants 37 plants Footprint in Asia Leveraging our relations with local OEMs to expand business beyond China 1st awards for bumpers in Europe and South America for a Chinese OEM Market share Bumpers 22% Tailgates 60% 23
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Investors presentation Strengthening our leadership in India Pune Exterior (Bhamboli) Exterior and C-Power (Badhalwadi) Hansalpur C-Power Manesar C-Power Kharkhoda C-Power Ranipet C-Power Footprint in India * Source: S&P Global Production forecast published in July 2025 by source plant country - [0;3.5t PC + LCV] Strong growth opportunities: auto production of +4.7%* CAGR by 2030 1 1 2 2 September 2025 Among top countries contributing to Group’s revenue in Asia Continuous growth for Exterior New plant to be open in Pune end 2025 Key award with local player Bumpers and grilles developed in record time Solid presence with a target of >50% market share for fuel systems by 2030 24
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Investors presentation OUTLOOK
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Investors Presentation Outlook September 2025 26 Market remaining volatile 2025 outlook confirmed Solid start of the year demonstrating our resilience and the relevance of our strategy No significant changes on volumes from our customers Maintaining strong measures on costs and investments Operating Margin > 2024 Net Result > 2024 Free Cash Flow > 2024 Outlook 2025 S&P* expects all regions to decrease in H2 2025 vs. H2 2024 Volatile environment linked to trade tariffs and geopolitical context In million vehicles H2 2024 H2 2025 North America Europe Rest of Asia China -3.1% -2.3% -1.8% -2.6% 44.7 43.7 -2.3% Net Debt < 2024 * Source: S&P Global Mobility automotive production published in July 2025 by source plant region - [0;3.5t PC + LCV]
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Investors Presentation Consistent return to shareholders September 2025 27 0.37 0.41 0.49 0.67 0.74 0.49 0.49 0.28 0.39 0.39 0.60 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Strong track record of dividend distribution In € per share 50.8% payout 34.5% payout
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Investors Presentation Very solid start of the year proving our rapid adaptability in a volatile market Sound financial structure with net debt reduction and high level of liquidity Accelerating our strategy of technologies, customers, and geographies diversification Reinforcing our competitiveness with structural measures Strong commercial momentum, supporting future growth All targets confirmed for 2025, improving our key financial metrics compared to 2024 OPmobility’s strengths September 2025 Investors Presentation 28August 2025
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Investors Presentation Disclaimer 29 The information contained in this document (the “Information”) has been prepared by OPmobility SE (the “Company”) solely for informational purposes. The Information is proprietary to the Company. The content of this document may not be directly or indirectly, in whole or in part, reproduced or published, nor distributed to any other person for any purpose without the prior written permission of the Company. The Information is not intended to and does not constitute an offer or invitation to buy or sell or a solicitation of an offer to buy or sell any security or financial instrument in France or abroad or to participate in any trading strategy. Nor does it constitute a recommendation or advice regarding investment in any security or financial instrument and is nowise to be interpreted as an offer to provide, or solicitation with respect to, any securities or financial instrument-related services of the Company. This document contains information provided in summary form and does not purport to be complete. This communication is neither a prospectus, product disclosure statement or other offering document for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14, 2017, as amended from time to time and implemented in each member state of the European Economic Area and in accordance with French laws and regulations. This document contains certain forward-looking statements. Forward-looking statements are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans”, “potential”, “outlook” or “guidance” as well as similar expressions. These forward-looking statements are based on a series of assumptions, both general and specific, in particular the application of accounting principles and methods in accordance with IFRS (International Financial Reporting Standards) as adopted in the European Union. These forward-looking statements have been developed from scenarios based on a number of economic assumptions in the context of a given competitive and regulatory environment. These forward-looking statements speak only as of the date they are made and are subject to various risks and uncertainties, including matters not yet known to the Company or its management or not currently considered material, and there can be no assurance that anticipated events will occur or that the objectives setout will actually be achieved. Important factors that could cause actual results to differ materially from the results anticipated in the forward-looking statements include, among others, the global geopolitical environment (including ongoing armed conflicts), overall trends in general economic activity and in the Company’s markets in particular, regulatory and prudential changes, and the success of the Company’s strategic, operating and financial initiatives. Other than as required by applicable law, the Company does not undertake any obligation to update or revise any forward-looking information or statements, opinion, projection, forecast or estimate set forth herein. Investors are advised to take into account factors of uncertainty and risk likely to impact the operations of the Company when considering the information contained in such forward-looking statements. These risks also comprise those developed or detailed in the most recent version of the OPmobility Universal Registration Document filed with the Autorité des Marchés Financiers (AMF - French financial market place regulator), which is available online on the websites of both the AMF (www.amf-france.org) and OPmobility (www.opmobility.com). Persons receiving this document should not place undue reliance on forward-looking statements. To the maximum extent permitted by law, none of the Company or any of its affiliates, directors, officers, advisors and employees shall bear any liability (in negligence or otherwise) for any direct or indirect loss or damage which may be suffered by any recipient through use or reliance on anything contained in or omitted from this document and the related presentation, as applicable, or any other information or material arising from any use of these documents or their contents or otherwise arising in connection with these documents. By receiving this document, you will be deemed to have represented, warranted and undertaken to have read and understood the above notice and to comply with its contents. September 2025
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Q1 2025 REVENUE www.opmobility.com