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1 MAZDA ROADSTER Special Edition PS MAZDA MOTOR CORPORATION FINANCIAL RESULTS FOR FISCAL YEAR MARCH 2027 FIRST QUARTER August 4, 2026 Mazda Motor Corporation
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2 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） ▪FY March 2027 First Quarter Results ▪FY March 2027 Full Year Forecast ▪Progress of the All-New Mazda CX-5 Launch ▪Summary PRESENTATION OUTLINE Note: Net income/loss in this presentation indicates net income/loss attributable to owners of the parent
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3 MAZDA MOTOR CORPORATION 文 字 色 FY MARCH 2027 FIRST QUARTER RESULTS
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4 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） ▪ Global sales volume 304,000 units, up 1% year on year ▪ Consolidated wholesales volume 280,000 units, up 5% year on year ▪ Net sales ¥1,285.7 billion, up 17% year on year Record net sales for the first quarter ▪ Operating income ¥32.8 billion / Operating return on sales 2.6% ▪ Net income ¥29.6 billion FIRST QUARTER RESULTS OVERVIEW メディアヘッドライン意識 売上過去最高を最初にするか？ ＜論点＞ ■ 現時点ではポジティブメッセージ中心で構成 （営業利益改善、売上高過去最高、通期見通し据置き） ■ 一方で、C/F影響(赤)について資料で触れるべきか 触れるなら ・1Q末時点でWS未達（質問あれば13K説明） ・影響は未実現▲80億円、FCF悪化要因 ※記載する場合、メディアにヘッドラインとして 取り上げられる可能性あり メディア意識 メディアヘッドライン意識すると売上高過 去最高を Toにもってくるか？ それとも定型化を意図して 台数からはじめるか？ Scriptで 24/3が過去最高益であること言及必要 ✓ Operating income up sharply by ¥78.9 billion despite continued impact of tariffs
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5 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） (Thousand Units) FY March 2025 FY March 2026 FY March 2027 Change from Previous Year First Quarter First Quarter First Quarter First Quarter Production Volume* 300 276 296 +20 +7% Global Sales Volume Japan 29 32 33 +1 +3% North America 146 147 154 +7 +5% Europe 49 39 43 +5 +12% China 18 18 18 0 +1% Other Markets 67 65 56 -9 -14% Total 309 301 304 +4 +1% USA 102 100 107 +7 +7% Australia 25 24 19 -5 -22% 販売台数アップデイト済 欧州は昨年の開示台数に戻した FY MARCH 2027 FIRST QUARTER VOLUME RESULTS *Based on our monthly disclosure （global production volume including volume in China, excluding vehicles received from other OEMs )
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6 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） (Billion Yen) FY March 2025 FY March 2026 FY March 2027 First Quarter First Quarter First Quarter Consolidated Wholesales 291 266 280 +14 +5% (Thousand Units) Net Sales 1,205.6 1,099.8 1,285.7 +185.9 +17% Operating Income 50.4 -46.1 32.8 +78.9 - Ordinary Income 80.3 -34.3 42.8 +77.1 - Net Income 49.8 -42.1 29.6 +71.7 - Operating Return on Sales 4.2 ％ -4.2 ％ 2.6 ％ +6.8 pts EPS (Yen) 79.1 -66.8 47.0 +113.8 Exchange Rate (Yen) US Dollar 156 145 160 +15 Euro 168 164 185 +22 Thai Baht 4.25 4.37 4.90 +0.54 Mexican Peso 9.06 7.42 9.18 +1.76 First Quarter Change from Previous Year ↑黒転の時符号無し？ ⇒いったんハイフンにしました （短信に合わせます！） FY MARCH 2027 FIRST QUARTER FINANCIAL METRICS
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7 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） -46.1 +43.4 +41.3 -24.0 +15.7 -9.8 +12.3 32.8 Change from Previous Year +78.9 7/14時点のイメージ ITをITセキュリティにするか CHANGE IN FY MARCH 2027 FIRST QUARTER OPERATING INCOME (vs. FY MARCH 2026 FIRST QUARTER) (Billion Yen) Volume & Mix Foreign Exchange Raw Material, Logistics Costs, etc. Cost Improvement Fixed Costs, OtherGrowth Investment FY March 2026 FY March 2027 Volume & Mix +43.4 Foreign Exchange +41.3 Raw Material, Logistics Costs, etc. -24.0 Cost Improvement +15.7 Growth Investment -9.8 Fixed Costs, Other +12.3 Volume & Mix, Price Sales Incentives Net tariff impact Other +36.4 -20.9 +20.3 +7.6 USD EUR AUD THB MXN Other +9.8 +6.6 +8.6 -3.2 +6.0 +13.5 Raw Material Costs Logistics Costs -24.9 +0.9 Base CI Structural Cost Reduction +3.8 +11.9 IT Security Advertising Costs -0.4 -9.4 R&D Costs Depreciation Costs Quality-related Costs Other +4.5 -1.8 -2.5 +12.1
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8 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） (Billion Yen) FY March 2026 FY March 2027 First Quarter Full Year First Quarter Cash Flow from Operating Activities -141.1 0.2 -40.6 Cash Flow from Investing Activities 44.3 -0.9 -28.6 Free Cash Flow -96.8 -0.6 -69.2 (Billion Yen) End of June 2025 End of March 2026 End of June 2026 Cash and Cash Equivalents 989.3 1,293.2 1,214.8 Interest-bearing Debt 699.6 850.1 842.9 Net Cash 289.7 443.0 371.9 Total Assets 3,922.3 4,479.5 4,434.3 Equity 1,720.5 1,905.6 1,917.9 Equity Ratio 44 % 43 % 43 % FY MARCH 2027 CASH FLOW AND NET CASH
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9 MAZDA MOTOR CORPORATION 文 字 色 FY MARCH 2027 FULL YEAR FORECAST
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10 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） ▪ Full year forecast for FY March 2027 remains unchanged On track to achieve the full year operating income forecast of ¥150 billion ▪ The all-new Mazda CX-5 and Mazda6e, together with the Mazda CX-6e, are expected to drive volume growth from the second quarter onwards ▪ We aim to achieve the full year forecast through volume growth and cost improvements FULL YEAR FORECAST OVERVIEW イメージ仮置き、プレイスホルダー M6e追加 MAZDA6e (European version) MAZDA CX - 5 MAZDA CX - 6e (European version)
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11 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） FY MARCH 2027 FULL YEAR VOLUME FORECAST (Thousand Units) FY March 2026 FY March 2027 Change from Previous Year Change from May Forecast Full Year Full Year Full Year Full Year Global Sales Volume Japan 144 153 +9 +6% - North America 582 629 +47 +8% - Europe 164 197 +34 +21% - China 71 71 0 0% - Other Markets 262 274 +13 +5% - Total 1,223 1,324 +102 +8% - USA 395 435 +41 +10% - Australia 89 100 +11 +13% - ▪ No change to the full year volume forecast
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12 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） (Billion Yen) FY March 2026 FY March 2027 Change from Previous Year Change from May Forecast Full Year Full Year Full Year Full Year Consolidated Wholesales (Thousand Units) 1,147 1,233 +86 +8% - Net Sales 4,918.2 5,500.0 +581.8 +12% - Operating Income 51.6 150.0 +98.4 +191% - Ordinary Income 131.8 140.0 +8.2 +6% - Net Income 35.1 90.0 +54.9 +157% - Operating Return on Sales 1.0 ％ 2.7 ％ +1.7 pts - pts EPS (Yen) 55.6 142.7 +87.1 - Exchange Rate (Yen) US Dollar 151 155 +4 - Euro 175 180 +5 - Thai Baht 4.67 4.80 +0.13 - Mexican Peso 8.16 8.89 +0.73 - ITI列表示 FY MARCH 2027 FULL YEAR FINANCIAL METRICS ▪ No change to the full year financial forecast
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13 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） MAZDA CX-6e 修正 ▪ Fully leverage Mazda’s key business assets (Sales network, global footprint, and partnerships) ▪ For this fiscal year, expand sales of the new CX-5 and products leveraging collaboration. Advance cost structure reform GROWTH STRATEGY DRIVEN BY MULTI-SOLUTION, LEAN-ASSET, PARTNERSHIPS, AND BRAND VALUE MANAGEMENT Jointly - developed electric models Jointly - developed hybrid models New MAZDA CX - 5 Next - generation CX - 3 Major Production Sites
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14 MAZDA MOTOR CORPORATION 文 字 色 PROGRESS OF THE ALL-NEW MAZDA CX-5 LAUNCH
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15 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） ▪ Sales started in key markets across Europe, North America and Japan. The rollout is progressing largely in line with plan - Orders continue to outpace plan, exceeding 20,000 units in Europe and 10,000 units in Japan as of the end of June ▪ Strong positive response to the product's appeal, including its enhanced design, improved comfort and spaciousness, ride comfort and highly rated safety performance ▪ Launches begin in Australia and other markets from July. Accelerate sales in major markets including the U.S. from the second quarter onward. Contribute to full-year volume growth PROGRESS OF THE ALL-NEW MAZDA CX-5 LAUNCH 大型DP、HMIを遡及するか？ 新他は他社の事なので言わない？ Being checked by CCD/GSMD
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16 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） New MAZDA CX-5 Updated (Simplified) ✓ Embody brand value by continuously delivering safety and peace of mind to customers ALL-NEW MAZDA CX-5 EARNS TOP SAFETY PERFORMANCE RATINGS IN MAJOR MARKETS ▪ The new CX-5 has earned the IIHS*1 TOP SAFETY PICK+ award in the U.S. and achieved top ratings from Euro NCAP*2 in Europe and ANCAP*3 in Australia and New Zealand ▪ IIHS Top Safety Awardin the U.S. - Mazda achieved its 100th cumulative IIHS Top Safety Award (TOP SAFETY PICK+ and TOP SAFETY PICK combined) - Mazda debuted with more 2026 IIHS TOP SAFETY PICK+ awards than any other brand for the third consecutive year *1 IIHS: Insurance Institute for Highway Safety *2 Euro NCAP: European New Car Assessment Programme *3 ANCAP: Australasian New Car Assessment Program
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17 MAZDA MOTOR CORPORATION 文 字 色 SUMMARY
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18 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） ▪ For the first quarter, net sales reached a record high, while operating income and net income improved significantly year on year ▪ The all-new Mazda CX-5 rollout has progressed across major markets. Full-scale shipments of the Mazda6e are underway, while preparation for the launch of the Mazda CX-6e are progressing as planned ▪ Our full-year forecast remains unchanged ▪ Under our Multi-Solution and Lean Asset Strategy, we are advancing electrification through HEV rollout, collaborations, and in-house BEV development. Together with Brand Value Management, these strategies build a stronger business SUMMARY ここで電動化ぬかりないを回収 M6e追加 Updated in line with your script
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20 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） APPENDIX
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21 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） Kanto Mazda Higashi-Fuchu Store (completed February 2026) Image TBD FIRST QUARTER RESULTS AND KEY INITIATIVES — JAPAN Kanto Mazda Higashi-Fuchu Store (completed February 2026) Image TBD The New CX - 5 Japan Launch Event ◼ First-quarter sales totaled 33,000 units (up 3% year on year). The new CX-5 (up 91% year on year) drove higher showroom traffic, while the CX-30 (up 12% year on year) supported by increased cross-shopping with the new CX-5, and Mazda2 (up 19% year on year) supported by demand ahead of production discontinuation performed strongly ◼ Domestic business structural reform is progressing as planned [Key initiatives] 1.Re-establish the sales network in key metropolitan regions, 2.Marketing transformation to acquire new customers, 3.Transforming retail operations through brand penetration, 4.Organizational, human resources, and organizational-culture reform to support business structural reform ◼ Enhanced marketing drove first-time customer visits (up 4% year on year), web searches for “Mazda” (up 13% year on year) and SNS viewership (up 15% year on year) ◼ Established the “Mazda Brand Standard,” a benchmark for the ideal customer experience, and systematized the “Mazda Brand Academy” training program to support its practice. Rolling out to dealerships nationwide alongside the new CX-5 launch ◼ Deploying the “BLUEPRINT” organizational-culture reform across all national sales companies
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22 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） U.S. ◼ First-quarter sales totaled 107,000 units (up 7% year on year). Strong hybrid demand drove the CX-50, and the Mazda3 performed well in its segment ◼ The new CX-5 will continue its launch acceleration efforts, while enhanced dealer training will help build and sustain sales momentum ◼ Won five categories* in a reader poll by a major U.S. newspaper, demonstrating the strength of both brand and dealership experience. Leveraging a well-balanced line-up to driver further volume growth Mexico ◼ First-quarter sales totaled 27,000 units (up 16% year on year). The new CX-5, CX-30, and CX-3 contributed to volume growth ◼ Enhancing value through strong brand power and sales promotions, aiming to add further gains this fiscal year Canada ◼ First-quarter sales totaled 19,000 units (down 17% year on year). Rising fuel prices and the government’s reinstated EV subsidy expanded demand for electrified vehicles ◼ Aiming to expand sales from the second quarter onward by strengthening the functional appeal of the large-product lineup and promoting the launch of the new CX-5 CX-5 (North American spec) Image TBD FIRST QUARTER RESULTS AND KEY INITIATIVES — NORTH AMERICA CX-5 (North American spec) Image TBD * Won five categories including Best Car Brand and Best SUV Brand at the U.S. Newsweek Readers’ Choice Awards 2026.
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23 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） FIRST QUARTER RESULTS AND KEY INITIATIVES — EUROPE / AUSTRALIA Europe ◼ First-quarter sales totaled 43,000 units (up 12% year on year). Adding the new CX-5 and Mazda6e —the first battery EV jointly developed with Changan Automobile—enriched the lineup and contributed significantly to volume growth ◼ Under the lean asset strategy, the crossover SUV CX-6e—the second battery EV jointly developed with Changan Automobile—launches this summer. Amid rising fuel prices, it plays a key role as a model that balances demand with environmental-regulation compliance Australia ◼ First-quarter sales totaled 19,000 units (down 22% year on year). Despite a tough environment with strong demand for low-priced battery EVs and HEVs amid rising fuel prices, the CX-60 held firm, up 13% year on year ◼ The new CX-5 and Mazda6e go on full sale in July and the CX-6e launches this autumn. Aiming to expand sales with models that meets both market demand and environmental regulations MAZDA6e (European spec)
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24 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） FIRST QUARTER RESULTS AND KEY INITIATIVES — CHINA / OTHER MARKETS China ◼ First-quarter sales totaled 18,000 units (up 1% year on year). The increase was driven by the EZ-60—the second electric vehicle jointly developed with Changan Automobile, introduced last year—as well as the CX-5 ◼ Building sales momentum through continuous product improvements and stronger customer engagement ASEAN ◼ First-quarter sales totaled 13,000 units (down 6% year on year) ◼ Introduced the Mazda6e in Thailand, with Singapore and Indonesia planned within this fiscal year ◼ Began local assembly of the CX-30 in Indonesia in July, with lineup expansion with the new CX-5 and Mazda6e as well as dealer network expansion and renewal, and enhanced staff training ◼ Strengthening the role of AAT (Thailand) as a strategic production base for the next-generation CX-3, with phased introduction to ASEAN, Japan, and other markets from 2027
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25 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） 51.6 +69.8 +79.8 -81.7 +77.6 -30.5 -16.6 150.0 Volume & Mix +69.8 Foreign Exchange +79.8 Raw Material, Logistics Costs, etc. -81.7 Cost Improvement +77.6 Growth Investment -30.5 Fixed Costs, Other -16.6 Volume & Mix, Price Sales Incentives Net tariff impact Other +62.4 0.0 +13.7 -6.3 USD EUR AUD THB MXN Other +10.1 +8.2 +27.4 -3.2 +13.3 +24.0 Raw Material Costs Logistics Costs -74.0 -7.7 Base CI Structural Cost Reduction +29.5 +48.1 IT Security Advertising Costs -7.4 -23.1 R&D Costs Depreciation Costs Quality-related Costs Other 0.0 0.0 -26.9 +10.3 CHANGE IN FY MARCH 2027 OPERATING INCOME (vs. FY MARCH 2026) (Billion Yen) Volume & Mix Foreign Exchange Raw Material, Logistics Costs, etc. Cost Improvement Fixed Costs, Other FY March 2026 FY March 2027Change from Previous Year +98.4 Growth Investment May Pub slide
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26 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） 15 15 15 15 15 20 25 25 25 25 15 20 20 20 20 20 25 30 30 30 30 5 30 35 35 35 35 0 20 45 60 55 55 55 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Dividends Per Share (Yen) Interim Dividend Year-end Dividend Special Dividend DIVIDEND PAYMENT (Forecast) FY March
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27 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） (Thousand Units) FY March 2026 FY March 2027 Change from Previous Year First Quarter First Quarter First Quarter Consolidated Wholesales Japan 35 33 -2 -6% North America 142 159 +17 +12% Europe 30 32 +2 +5% Other Markets 58 56 -2 -3% Total 266 280 +14 +5% USA 97 108 +12 +12% FY MARCH 2027 FIRST QUARTER CONSOLIDATED WHOLESALES VOLUME RESULTS
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28 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） (Thousand Units) FY March 2026 FY March 2027 Change from Previous Year Change from May Forecast Full Year Full Year Full Year Consolidated Wholesales Japan 142 148 +5 +4% - North America 581 632 +51 +9% - Europe 169 184 +15 +9% - Other Markets 254 270 +16 +6% - Total 1,147 1,233 +86 +8% - USA 391 440 +49 +12% - Full Year FY MARCH 2027 FULL YEAR CONSOLIDATED WHOLESALES VOLUME FORECAST
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29 MAZDA MOTOR CORPORATION 文 字 色 段落記号 第1 25AA（100％） 段落記号 第2 002D（100％） (Yen) FY March 2026 FY March 2027 Change from Previous Year Change from May Forecast Full Year Full Year Full Year Full Year US Dollar 151 155 +4 - Euro 175 180 +5 - Canadian Dollar 109 114 +5 - Australian Dollar 100 112 +12 - British Pound 202 208 +6 - Thai Baht 4.67 4.80 +0.13 - Mexican Peso 8.16 8.89 +0.73 - EXCHANGE RATES (AVERAGES DURING THE YEAR)
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30 MAZDA MOTOR CORPORATION 文 字 色 DISCLAIMER The projections and future strategies described in this presentation are based on various uncertainties including but not limited to conditions of the world economy in the future, trends in the automotive industry, and the risk of exchange rate fluctuations. Consequently, Mazda's actual performance may differ substantially from these projections. If you are interested in investing in Mazda, you are requested to take the foregoing into consideration and make a final investment decision at your own discretion. Please note that neither Mazda nor any third party providing information concerning Mazda will be liable for any damages incurred as a result of investment in Mazda based on information in this presentation.