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Creating Sustainable Solutions TOGETHER Second Quarter 2026 Earnings Presentation August 6 , 2026 Cooper Standard
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2 Agenda Introduction Roger Hendriksen | Director, Investor Relations Second Quarter Summary Jeff Edwards | Chairman and Chief Executive Officer Financial Overview Jon Banas | Executive VP and Chief Financial Officer Strategic Overview and Outlook Jeff Edwards Q & A
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3 Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of U.S. federal securities laws, and we intend that such forward-looking statements be subject to the safe harbor created thereby. Our use of words “estimate,” “expect,” “anticipate,” “project,” “plan,” “intend,” “believe,” “outlook”, “guidance”, “forecast,” or future or conditional verbs, such as “will,” “should,” “could,” “would,” or “may,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon our current expectations and various assumptions. Our expectations, beliefs, and projections are expressed in good faith and we believe there is a reasonable basis for them. However, we cannot assure you that these expectations, beliefs and projections will be achieved. Forward-looking statements are not guarantees of future performance and are subject to significant risks and uncertainties that may cause actual results or achievements to be materially different from the future results or achievements expressed or implied by the forward-looking statements. Among other items, such factors may include: volatility or decline of the Company’s stock price, or absence of stock price appreciation; impacts and disruptions related to the wars in Ukraine and the Middle East; escalating pricing pressures; our ability to achieve commercial recoveries and to offset the adverse impact of higher commodity and other costs through pricing and other negotiations with our customers; work stoppages or other labor disruptions with our employees or our customers’ employees; prolonged or material contractions in automotive sales and production volumes; our inability to realize sales represented by awarded business; loss of large customers or significant platforms; our ability to successfully compete in the automotive parts industry; availability and increasing volatility in costs of manufactured components and raw materials; disruptions in our supply base or our customers’ supply base; competitive threats and commercial risks associated with our diversification strategy; possible variability of our working capital requirements; risks associated with our international operations, including changes in laws, regulations, and policies governing the terms of foreign trade such as increased trade restrictions and tariffs; our ability to collect tariff recoveries from our customers; foreign currency exchange rate fluctuations; our ability to control the operations of our joint ventures for our sole benefit; our substantial amount of indebtedness and rates of interest; our ability to obtain adequate financing sources in the future; operating and financial restrictions imposed on us under our debt instruments; the underfunding of our pension plans; significant changes in discount rates and the actual return on pension assets; effectiveness of continuous improvement programs and other cost savings plans; significant costs related to manufacturing facility closings or consolidation; our ability to execute new program launches; our ability to meet customers’ needs for new and improved products; the possibility that our acquisitions and divestitures may not be successful; product liability, warranty and recall claims brought against us; laws and regulations, including environmental, health and safety laws and regulations; legal and regulatory proceedings, claims or investigations against us; the potential impact of any future public health events on our financial condition and results of operations; the ability of our intellectual property to withstand legal challenges; cyber-attacks, data privacy concerns, other disruptions in, or the inability to implement upgrades to, our information technology systems; the possible volatility of our annual effective tax rate; the possibility of a failure to maintain effective controls and procedures; the possibility of future impairment charges to our goodwill and long-lived assets; our ability to identify, attract, develop and retain a skilled, engaged and diverse workforce; our ability to procure insurance at reasonable rates; and our dependence on our subsidiaries for cash to satisfy our obligations; and other risks and uncertainties, including those detailed from time to time in our periodic reports filed with the securities and exchange commission. You should not place undue reliance on these forward-looking statements. Our forward-looking statements speak only as of the date of this presentation, and we undertake no obligation to publicly update or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except where we are expressly required to do so by law. This presentation also contains estimates and other information that is based on industry publications, surveys, and forecasts. This information involves a number of assumptions and limitations, and we have not independently verified the accuracy or completeness of the information.
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Second Quarter Summary Jeff Edwards, Chairman and CEO
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5 +$40m YOY Improvement Free Cash Flow 99% World-class Quality Green Customer Scorecards 97% World-class Service Green Launch Scorecards 0.17 World-class Safety Total Incident Rate $118m Net New Business Awards Continuing Strong Operating Performance; Consistent Strategic Execution Q2 2026 Highlights $15m Manufacturing/Purchasing Lean Savings
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6 Strong Net New Business Awards1 Continue Consistent with Strategy for Long-term Profitable Growth For 2026 Awards: • Strong actual first half awards ahead of plan • 34% related to innovation products • 28% related to battery electric or hybrid programs • 20% related to high-growth Chinese OEMs • Targeting more than $400 million in the full year $400+ Net New Business Awarded USD Millions 1 Net New Business Awards is a non-GAAP measure. See Appendix for details and definition.
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Financial Overview Jon Banas, Executive VP and CFO
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8 Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Sales $ 721.3 $ 706.0 $ 1,407.7 $ 1,373.0 Gross Profit $ 83.8 $ 93.1 $ 166.2 $ 170.2 % Margin 11.6 % 13.2 % 11.8 % 12.4 % Adjusted EBITDA1 $ 53.9 $ 62.8 $ 104.9 $ 121.5 % Margin1 7.5 % 8.9 % 7.5 % 8.8 % Income Tax Expense $ 5.4 $ 8.1 $ 9.6 $ 10.8 Effective Tax Rate % (40.2)% 122.3 % (22.6)% 98.8 % Net (Loss) Income $ (18.8) $ (1.4) $ (52.1) $ 0.2 EPS (Fully diluted) $ (1.04) $ (0.08) $ (2.90) $ 0.01 Adjusted Net (Loss) Income1 $ (2.3) $ 1.0 $ (7.6) $ 4.5 Adjusted EPS (Fully diluted)1 $ (0.13) $ 0.06 $ (0.42) $ 0.25 CAPEX $ 13.8 $ 7.8 $ 37.9 $ 25.3 % of Sales 1.9 % 1.1 % 2.7 % 1.8 % 1 See Appendix for definitions and reconciliation to U.S. GAAP. Financial Results (USD millions, except per share amounts)
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9 (USD millions) Adjusted EBITDA1Sales 1 See Appendix for definitions and reconciliation to U.S. GAAP. 2 Net of customer price adjustments. Includes impact of recoveries for material costs, inflation and tariffs. Totals may not add due to rounding. Q2 2026 Bridge Analysis $0$0
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10 (USD millions) Adjusted EBITDA1Sales 1 See Appendix for definitions and reconciliation to U.S. GAAP 2 Net of customer price adjustments. Includes impact of recoveries for material costs, inflation and tariffs. Totals may not add due to rounding Q2 2026 YTD Bridge Analysis $0$0
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11 Liquidity - June 30, 2026 Cash on hand ABL availability Positive Free Cash Flow Adds to Solid Liquidity Position (USD, millions) Current Liquidity Remains Sufficient to Support Ongoing Operations and Strategic Execution Three Months Ended June 30, 2026 2025 Net cash provided by (used in) operating activities $ 30.1 $ (15.6) Capital expenditures (13.8) (7.8) Free cash flow $ 16.3 $ (23.4) Free Cash Flow1 (USD, millions) 1 See Appendix for definitions and reconciliation to U.S. GAAP.
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Strategic Overview and Outlook Jeff Edwards, Chairman and CEO
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13 Relentless Focus on Our Strategic Imperatives FINANCIAL STRENGTH Execute our business plans achieving and sustaining double-digit EBITDA margins, ROIC and strong free cash flow generation. WORLD-CLASS EXECUTION Attain world-class results across all our business allowing the Company to Be the First Choice of the Stakeholders We Serve. PROFITABLE GROWTH DRIVEN BY INNOVATION Leverage our materials science and product knowledge, innovation and manufacturing expertise across our product groups in the pursuit of organic and inorganic growth. CORPORATE RESPONSIBILITY Deliver value to all our stakeholders through our environmental, social and governance initiatives to ensure the long-term sustainability of the Company.
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14 Consistent Progress Toward Strategic Financial Targets Key Points • Enhanced commercial and supply agreements • Continued focus on cost optimization • Launching higher VCM programs • Adj. EBITDA continues to improve despite the impact of weak production volume and flat revenue • Delivered positive cash flow for past three consecutive years 1 Represents the midpoint of 2026 guidance issued on August 5, 2026 2 Adjusted EBITDA and Free Cash Flow are non-GAAP measures. See appendix for definitions. Margin Expansion Expected to Accelerate in Second Half of 2026
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15 Sealing Systems: Accelerating Profitable Growth Business discipline delivering financial health and a strong foundation Harnessing expertise worldwide to propel profitable growth Leveraging digital transformation and automation for higher asset utilization Driving CPV growth through value-add innovation
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16 Customer-centric, Value-add Innovations Gaining Traction New Sealing Products Expected to Deliver $100m+ Profitable Growth Over 5 years
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17 Fluid Handling: Becoming the Undisputed Supplier of Choice Unmatched portfolio with market-flexible offerings Increased speed-to-market leveraging advanced analytics Full system optimization improving vehicle performance and efficiency Exceptional total value
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18 Outlook: Expect Continued Operational Excellence, Margin Expansion Remain on track to reach planned full-year results – First quarter exceeded plan – Second quarter impacted by sharp increases in material costs and general inflation, much of which we expect to recover from customers – Expect commercial recoveries, continued successful launches, and relentless focus on operational excellence to drive 2H margin expansion Resolution of geopolitical issues and favorable volume/mix could provide tailwinds for the second half of the year – Potential for increasing production volume on key platforms – Resolving global market disruptions could further reduce materials and energy costs Continuing focus on achieving longer-term strategic targets for growth, margin expansion and tripling return on invested capital (ROIC)
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19 1 Guidance is representative of management's estimates and expectations as of the date it is published. Current guidance as presented in this presentation considers July 2026 Mobility Global production forecasts for relevant light vehicle platforms and models, customers' planned production schedules and other internal assumptions. 2 Adjusted EBITDA is a non-GAAP financial measure. The Company has not provided a reconciliation of projected adjusted EBITDA to projected net income (loss) because full-year net income (loss) will include special items that have not yet occurred and are difficult to predict with reasonable certainty prior to year-end. Due to this uncertainty, the Company cannot reconcile projected adjusted EBITDA to U.S. GAAP net income (loss) without unreasonable effort. 3 Net of customer price adjustments. Includes impact of recoveries for material costs, inflation and tariffs. Initial 2026 Guidance1 Current 2026 Guidance1 Key Company Measures Sales $2.7 - $2.9 billion $2.7 - $2.9 billion Adj. EBITDA2 $260 - $300 million $265 - $295 million Capital Expenditures $55 - $65 million $60 - $70 million Cash Restructuring $25 - $30 million $30 - $35 million Net Cash Interest $105 - $115 million $90 - $100 million Net Cash Taxes $30 - $35 million $30 - $35 million Light Vehicle Production (Million Units) North America 15.0 15.1 Europe 16.9 16.9 Greater China 32.7 31.6 South America 3.2 3.1 Adjusted EBITDA2 Guidance Bridge Analysis (Estimates Based on Mid-point of Provided Range) 2026 Outlook: Margin Expansion Expected to Accelerate in 2H Midpoint for Full-year Adj. EBITDA Guide Remains Unchanged
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Q&A
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Appendix
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22 EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income (loss), adjusted earnings (loss) per share and free cash flow are measures not recognized under U.S. GAAP and which exclude certain non-cash and special items that may obscure trends and operating performance not indicative of the Company’s core financial activities. Net new business is a measure not recognized under U.S. GAAP which is a representation of potential incremental future revenue but which may not fully reflect all external impacts to future revenue. Management considers EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income (loss), adjusted earnings (loss) per share, free cash flow and net new business to be key indicators of the Company’s operating performance and believes that these and similar measures are widely used by investors, securities analysts and other interested parties in evaluating the Company’s performance. In addition, similar measures are utilized in the calculation of the financial covenants and ratios contained in the Company’s financing arrangements and management uses these measures for developing internal budgets and forecasting purposes. EBITDA is defined as net income (loss) adjusted to reflect income tax expense (benefit), interest expense net of interest income, depreciation and amortization, and adjusted EBITDA is defined as EBITDA further adjusted to reflect certain items that management does not consider to be reflective of the Company’s core operating performance. Adjusted net income (loss) is defined as net income (loss) adjusted to reflect certain items that management does not consider to be reflective of the Company’s core operating performance. Adjusted EBITDA margin is defined as adjusted EBITDA as a percentage of sales. Adjusted basic and diluted earnings (loss) per share is defined as adjusted net income (loss) divided by the weighted average number of basic and diluted shares, respectively, outstanding during the period. Free cash flow is defined as net cash provided by operating activities minus capital expenditures and is useful to both management and investors in evaluating the Company’s ability to service and repay its debt. Net new business reflects anticipated sales from formally awarded programs, less lost business, discontinued programs and replacement programs and is based on S&P Global (IHS Markit) forecast production volumes. The calculation of “net new business” does not reflect customer price reductions on existing programs and may be impacted by various assumptions embedded in the respective calculation, including actual vehicle production levels on new programs, foreign exchange rates and the timing of major program launches. When analyzing the Company’s operating performance, investors should use EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income (loss), adjusted earnings (loss) per share, free cash flow and net new business as supplements to, and not as alternatives for, net income (loss), operating income, or any other performance measure derived in accordance with U.S. GAAP, and not as an alternative to cash flow from operating activities as a measure of the Company’s liquidity. EBITDA, adjusted EBITDA, adjusted net income (loss), adjusted earnings (loss) per share, free cash flow and net new business have limitations as analytical tools and should not be considered in isolation or as substitutes for analysis of the Company’s results of operations as reported under U.S. GAAP. Other companies may report EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income (loss), adjusted earnings (loss) per share, free cash flow and net new business differently and therefore the Company’s results may not be comparable to other similarly titled measures of other companies. In addition, in evaluating adjusted EBITDA and adjusted net income (loss), it should be noted that in the future the Company may incur expenses similar to or in excess of the adjustments in the below presentation. This presentation of adjusted EBITDA and adjusted net income (loss) should not be construed as an inference that the Company’s future results will be unaffected by special items. Reconciliations of EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income (loss) and free cash flow follow. Non-GAAP Financial Measures
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23 Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Net (loss) income attributable to Cooper-Standard Holdings Inc. $ (18,843) $ (1,401) $ (52,146) $ 151 Income tax expense 5,428 8,081 9,625 10,784 Interest expense, net of interest income 26,996 28,712 55,304 57,331 Depreciation and amortization 23,275 24,521 46,295 48,349 EBITDA $ 36,856 $ 59,913 $ 59,078 $ 116,615 Restructuring charges 17,063 2,852 21,695 4,963 Gain on sale of businesses, net (1) — — — (98) Loss on refinancing and extinguishment of debt (2) — — 24,155 — Adjusted EBITDA $ 53,919 $ 62,765 $ 104,928 $ 121,480 Sales $ 721,349 $ 705,973 $ 1,407,708 $ 1,373,042 Net (loss) income margin (Net (loss) income/sales) (2.6)% (0.2)% (3.7)% — % Adjusted EBITDA margin (Adjusted EBITDA/sales) 7.5 % 8.9 % 7.5 % 8.8 % (Unaudited, dollar amounts in thousands) EBITDA and Adjusted EBITDA Reconciliation (1) Gain on sale of businesses related to divestiture in 2024. (2) Loss on refinancing and extinguishment of debt relating to the Refinancing Transactions.
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24 Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Net (loss) income attributable to Cooper-Standard Holdings Inc. $ (18,843) $ (1,401) $ (52,146) $ 151 Restructuring charges 17,063 2,852 21,695 4,963 Gain on sale of businesses, net (1) — — — (98) Loss on refinancing and extinguishment of debt (2) — — 24,155 — Tax impact of adjusting items(3) (534) (428) (1,265) (539) Adjusted net (loss) income $ (2,314) $ 1,023 $ (7,561) $ 4,477 Weighted average shares outstanding: Basic 18,051,719 17,882,361 18,010,896 17,797,933 Diluted 18,051,719 17,882,361 18,010,896 18,058,008 Net (loss) income per share: Basic $ (1.04) $ (0.08) $ (2.90) $ 0.01 Diluted $ (1.04) $ (0.08) $ (2.90) $ 0.01 Adjusted net (loss) income per share: Basic $ (0.13) $ 0.06 $ (0.42) $ 0.25 Diluted $ (0.13) $ 0.06 $ (0.42) $ 0.25 (1) Gain on sale of businesses related to divestiture in 2024. (2) Loss on refinancing and extinguishment of debt relating to the Refinancing Transactions. (3) Represents the elimination of the income tax impact of the above adjustments by calculating the income tax impact of these adjusting items using the appropriate tax rate for the jurisdiction where the charges were incurred and other discrete tax expense. (Unaudited, dollar amounts in thousands except share and per share amounts) Adjusted Net (Loss) Income and Adjusted Net (Loss) Income Per Share
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25 Twelve Months Ended June 30, 2026 (Unaudited, dollar amounts in thousands) Twelve Months Ended Q3 2025 Q4 2025 Q1 2026 Q2 2026 June 30, 2026 Net (loss) income attributable to Cooper-Standard Holdings Inc. $ (7,644) $ 3,328 $ (33,303) $ (18,843) $ (56,462) Income tax expense (benefit) 3,864 (33,853) 4,197 5,428 (20,364) Interest expense, net of interest income 28,614 28,731 28,308 26,996 112,649 Depreciation and amortization 24,883 24,743 23,020 23,275 95,921 EBITDA $ 49,717 $ 22,949 $ 22,222 $ 36,856 $ 131,744 Restructuring charges 3,535 11,483 4,632 17,063 36,713 Impairment charges (1) — 369 — — 369 Pension settlement charges (2) — 134 — — 134 Loss on refinancing and extinguishment of debt (3) — — 24,155 — 24,155 Adjusted EBITDA $ 53,252 $ 34,935 $ 51,009 $ 53,919 $ 193,115 Debt Debt payable within one year $ 44,950 Long-term debt 1,099,862 Total debt $ 1,144,812 Less: cash and cash equivalents 126,579 Net debt $ 1,018,233 Leverage ratio (Total debt/TTM Adjusted EBITDA) 5.9 Net leverage ratio (Net debt/TTM Adjusted EBITDA) 5.3 Interest coverage ratio (TTM Adjusted EBITDA/Interest expense) 1.7 Sales $ 695,502 $ 672,371 $ 686,359 $ 721,349 $ 2,775,581 Net (loss) income margin (Net (loss) income/Sales) (1.1)% 0.5 % (4.9)% (2.6)% (2.0)% Adjusted EBITDA margin (Adjusted EBITDA/Sales) 7.7 % 5.2 % 7.4 % 7.5 % 7.0 % Adjusted EBITDA Margin, Financial Ratios (1) Non-cash impairment charges related to idle assets in certain locations in Asia Pacific. (2) Non-cash net pension settlement charges incurred related to certain of our non-U.S. pension plans. (3) Loss on refinancing and extinguishment of debt relating to the Refinancing Transactions.
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26 Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Net cash provided by (used in) operating activities $ 30,125 $ (15,580) $ (39,029) $ (30,431) Capital expenditures (13,819) (7,772) (37,860) (25,315) Free cash flow $ 16,306 $ (23,352) $ (76,889) $ (55,746) Free Cash Flow (Unaudited, dollar amounts in thousands)
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27 (Unaudited, dollar amounts in thousands) Adjusted EBITDA Margin, Free Cash Flow and Financial Ratios