Slides
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3Q26 Results October 2026
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Agenda • 3Q26 Highlights • Financial Overview • Q&A Hervé Boyer CEO Alberto Sada CFO Denise Reyes IRO
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This presentation contains forward-looking information based on numerous variables and assumptions that are inherently uncertain. They involve judgments with respect to, among other things, future economic, competitive and financial market conditions and future business decisions, all of which are difficult or impossible to predict accurately. Accordingly, actual results are likely to vary from those set forth in this presentation. FORWARD-LOOKING STATEMENT
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3Q26 results • Revenue increased 22% y-o-y • Contribution from acquired operations in Europe and the Rest of the World • EV/SC segment represented ~14% of revenue
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EBITDA • US$174 M, a 21%, y-o-y increase • Progress in integration and operational initiatives
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Acquisition integration supporting strategic objectives • Progress across all workstreams • Annual synergies estimated at ~US$20-40 million • Robust commercial activity, including new products and new customers
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Successful refinancing of 2028 Euro senior notes • Access to new sources of funding • Continued commitment to disciplined financial profile
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• 3Q26: ~US$220 M in annual revenue • Year-to-date: ~US$620 M, already exceeding last year’s awards Awarded new business
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Awarded business • 70% - ICE Powertrain segment • 30% - EV/SC applications ICE business remains relevant, while expanding in higher-growth applications
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• 20% awarded with Chinese OEMs • Supporting long-term strategic objectives Strengthening customer growth
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Diversifying product portfolio in EV/SC segment • Launched magnesium cross-car beam in Austria • Launched longitudinal members and shock towers in Europe, North America, and China • Supporting SUV platforms across internal combustion, hybrid, and fully electric vehicles
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• Strengthening commercial position in a highly dynamic market • Initiated production of shock tower programs Expanding with Chinese OEMs
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Versatility and competitiveness of proprietary technologies • Development of Rotacast® technology to produce premium V8 engine block • Production of high-performance cylinder head in North America
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Customer recognition • Quality excellence award for Chongqing from Beijing Benz Automotive • Supplier Sustainability Award for Chennai from Tata Motors
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Financial Results
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Automotive industry update Light Vehicle Sales SAAR (M Units) Light Vehicle Production (M Units) Source: Nemak Analysis Source: Nemak Analysis 4.0 4.0 3.6 3.7 4.0 3.84.1 3.5 3.8 3.9 4.1 3.5 7.7 8.3 9.8 6.5 7.5 7.8 0.6 0.7 0.6 0.7 0.7 0.7 0 2 4 6 8 10 12 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 China USA Brazil Europe 16.4 15.7 15.7 16.2 16.4 16.6 17.4 16.0 17.1 17.4 29.3 26.8 21.0 21.6 22.3 2.5 2.8 2.8 3.4 3.3 0 5 10 15 20 25 30 35 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26
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Revenue - US$1.5 B • 22% growth, y-o-y • ICE powertrain – US$1.29 B • E-mobility, Structure and Chassis – US$214 M; 14% of revenue
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EBITDA - US$174 M • Contribution from the acquisition • Favorable product mix • Commercial negotiations
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Net Result was break-even • Asset impairments for US$24 M • Incremental SG&A from acquired operations Operating Income was US$25 M • Asset impairments • Higher financial expenses • Lower income tax benefit
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Net Debt was US$1.76 B Cash of US$320 M • Proforma Net-debt-to-EBITDA ratio was 2.8x • Proforma Interest coverage ratio was 4.9x
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Successful refinancing of 2028 € 500 M bond • Local Issuance in Mexican capital markets, swapped to ~€ 370 million • €130 million bank facility • Liability management completed on Sept. 30, extending average life of debt
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Capital expenditures totaled US$100 M • Investments related to Georgia facility • Disciplined approach to capital allocation
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Summary of regional results Revenues 3Q26 3Q25 % Var. North America 747 651 14.8 Europe 522 401 30.2 Rest of World 231 175 32.3 Total 1,501 1,227 22.3 EBITDA 3Q26 3Q25 % Var. North America 73 67 8.6 Europe 66 50 31.7 Rest of World 35 26 34.2 Total 174 143 21.3
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Positioned to create sustainable long-term value • Progress on integration • Focus on disciplined execution, profitability, synergy capture, and leveraging expanded platform
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Q&A
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For more information contact us at: nemak.com/investors investor@nemak.com