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Creating Sustainable Solutions TOGETHER Third Quarter 2026 Earnings Presentation November 5, 2026
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2 Agenda Introduction Roger Hendriksen | Director, Investor Relations Third Quarter Summary Jeff Edwards | Chairman and Chief Executive Officer Financial Overview and 2026 Outlook 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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Third Quarter Summary Jeff Edwards, Chairman and CEO
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5 99% World-class Quality Green Customer Scorecards $9m Manufacturing/Purchasing Lean Savings 97% World-class Service Green Launch Scorecards $4m Fixed Cost Optimization SGA&E Expense Reduction 61% World-class Safety Plants with 0 TRIR Year-to-date $149m Net New Business Awards Q3 2026 Highlights Continuing Strong Operating Performance; Consistent Strategic Execution
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6 Net New Business Awards1 Continue at Record Pace Strong Commercial Performance Consistent with Strategy for Long-term Profitable Growth $186 $246 $175 $181 $298 $395 2021 2022 2023 2024 2025 2026 YTD 25% Innovation Products 24% Battery Electric / Hybrid Programs 21% High-growth Chinese OEMs 2026 Award MixNet New Business Awards USD Millions Related contribution margins remain aligned with long-term strategic financial targets Commercial pipeline/quoting activity remains robust for Q4 and into 2027 1 Net New Business Awards is a non-GAAP measure. See Appendix for details and definition.
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7 Ongoing Recognition for Quality, Service and Culture SPE Hall of Fame Industry’s First use of TPV in automotive glassrun channel IndustryWeek’s Best Plants 2026 El Jarudo, Mexico Anthem Award Belonging & Inclusion “Mini Fábrica” – Brazil WINNER FINALIST WINNER SPE Innovation Award Process/Assembly/Enabling Tech. FlexiCore Frunk Seal WINNER
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Financial Overview and 2026 Outlook Jon Banas, Executive VP and CFO
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9 Three Months Ended September 30, Nine Months Ended September 30, 2026 2025 2026 2025 Sales $ 708.6 $ 695.5 $ 2,116.3 $ 2,068.5 Gross Profit $ 77.8 $ 87.1 $ 244.0 $ 257.4 % Margin 11.0 % 12.5 % 11.5 % 12.4 % Adjusted EBITDA1 $ 52.8 $ 53.3 $ 157.8 $ 174.7 % Margin1 7.5 % 7.7 % 7.5 % 8.4 % Income Tax Expense $ 3.2 $ 3.9 $ 12.8 $ 14.6 Effective Tax Rate % (18.2)% (102.8)% (21.3)% 204.7 % Net Loss $ (20.4) $ (7.6) $ (72.6) $ (7.5) EPS (Fully diluted) $ (1.13) $ (0.43) $ (4.02) $ (0.42) Adjusted Net (Loss) Income1 $ (2.1) $ (4.4) $ (9.6) $ 0.1 Adjusted EPS (Fully diluted)1 $ (0.11) $ (0.24) $ (0.53) $ 0.01 CAPEX $ 16.0 $ 11.2 $ 53.8 $ 36.5 % of Sales 2.3 % 1.6 % 2.5 % 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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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. Q3 2026 Bridge Analysis $0$0
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11 (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 Q3 2026 YTD Bridge Analysis $0$0
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12 Liquidity - September 30, 2026 Cash on hand ABL availability Cash Flow and Liquidity Position (USD, millions) Amended ABL Facility Provides Enhanced Liquidity & Flexibility, Extended Maturity Profile and Improved Financing Economics Three Months Ended September 30, 2026 2025 Net cash provided by operating activities $ 5.2 $ 38.6 Capital expenditures (16.0) (11.2) Free cash flow $ (10.8) $ 27.4 Free Cash Flow1 (USD, millions) 1 See Appendix for definitions and reconciliation to U.S. GAAP.
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13 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 October 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. Prior 2026 Guidance1 Current 2026 Guidance1 Key Company Measures Sales $2.7 - $2.9 billion $2.75 - $2.85 billion Adj. EBITDA2 $265 - $295 million $235 - $245 million Capital Expenditures $60 - $70 million $65 - $70 million Cash Restructuring $30 - $35 million $30 - $35 million Net Cash Interest $90 - $100 million $90 - $100 million Net Cash Taxes $30 - $35 million $15 - $20 million Light Vehicle Production (Million Units) North America 15.1 15.0 Europe 16.9 17.2 Greater China 31.6 31.0 South America 3.1 3.2 Adjusted EBITDA2 Guidance Bridge Analysis (Estimates Based on Mid-point of Provided Range) 2026 Outlook: Margin Expansion Expected to Accelerate in Q4
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Strategic Overview and Outlook Jeff Edwards, Chairman and CEO
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15 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, flat revenue and market headwinds • Delivered positive cash flow for past three consecutive years 1 Represents the midpoint of 2026 guidance updated on November 4, 2026 2 Adjusted EBITDA and Free Cash Flow are non-GAAP measures. See appendix for definitions. (USD millions, except for %)
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16 Continued Execution on Strategic Imperatives Continuously improving every part of the business to become the unbeatable supplier of choice Optimizing Cost Structure Expanding VCM Capturing New Business Value-Add Innovations Leveraging Digital Transformation
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17 Implementing Business Process Orchestration Across the CS Value Chain Quoting Design/Validation Purchasing Manufacturing Program Management Leveraging AI for Profitable Growth: Proven and Now Accelerating Growing the Business Without Scaling Headcount and Costs
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18 Aggressive Response to Current Commodity/Inflation Crisis Turning Crisis into Opportunity • First time our index-based contracts have been tested • Refining commercial agreements to further de-risk the business • Negotiating for recovery of costs not covered by index-based agreements • Reviewing traditional tooling financing practices • Expect to be even better positioned in 2027 to continue margin expansion
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19 Strategic Financial Targets: 3-5 Year Outlook Remains on Track Sales increasing to $3.8 Billion – Booked business 3 years in advance provides good line of sight – Solid China strategy to grow sales in Asia and globally – Expect to double the fluids business (organic and potentially inorganic growth) Adjusted EBITDA margins approaching 15% – Strong VCM on current book of business – Continuing fixed costs optimization – AI process orchestration supports growth without scaling costs and headcount Return on invested capital (ROIC) increasing to approximately 25% Net leverage reduced to less than 2X annual adjusted EBITDA
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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 September 30, Nine Months Ended September 30, 2026 2025 2026 2025 Net loss attributable to Cooper-Standard Holdings Inc. $ (20,413) $ (7,644) $ (72,559) $ (7,493) Income tax expense 3,215 3,864 12,840 14,648 Interest expense, net of interest income 27,450 28,614 82,754 85,945 Depreciation and amortization 23,363 24,883 69,658 73,232 EBITDA $ 33,615 $ 49,717 $ 92,693 $ 166,332 Restructuring charges 19,220 3,535 40,915 8,498 Gain on sale of businesses, net (1) — — — (98) Loss on refinancing and extinguishment of debt (2) — — 24,155 — Adjusted EBITDA $ 52,835 $ 53,252 $ 157,763 $ 174,732 Sales $ 708,591 $ 695,502 $ 2,116,299 $ 2,068,544 Net loss margin (Net loss/sales) (2.9)% (1.1)% (3.4)% (0.4)% Adjusted EBITDA margin (Adjusted EBITDA/sales) 7.5 % 7.7 % 7.5 % 8.4 % (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 September 30, Nine Months Ended September 30, 2026 2025 2026 2025 Net loss attributable to Cooper-Standard Holdings Inc. $ (20,413) $ (7,644) $ (72,559) $ (7,493) Restructuring charges 19,220 3,535 40,915 8,498 Gain on sale of businesses, net (1) — — — (98) Loss on refinancing and extinguishment of debt (2) — — 24,155 — Tax impact of adjusting items(3) (866) (274) (2,131) (813) Adjusted net (loss) income $ (2,059) $ (4,383) $ (9,620) $ 94 Weighted average shares outstanding: Basic 18,059,642 17,925,510 18,027,323 17,840,926 Diluted 18,059,642 17,925,510 18,027,323 17,840,926 Net loss per share: Basic $ (1.13) $ (0.43) $ (4.02) $ (0.42) Diluted $ (1.13) $ (0.43) $ (4.02) $ (0.42) Adjusted net (loss) income per share: Basic $ (0.11) $ (0.24) $ (0.53) $ 0.01 Diluted $ (0.11) $ (0.24) $ (0.53) $ 0.01 (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 September 30, 2026 (Unaudited, dollar amounts in thousands) Twelve Months Ended Q4 2025 Q1 2026 Q2 2026 Q3 2026 September 30, 2026 Net income (loss) attributable to Cooper-Standard Holdings Inc. $ 3,328 $ (33,303) $ (18,843) $ (20,413) $ (69,231) Income tax (benefit) expense (33,853) 4,197 5,428 3,215 (21,013) Interest expense, net of interest income 28,731 28,308 26,996 27,450 111,485 Depreciation and amortization 24,743 23,020 23,275 23,363 94,401 EBITDA $ 22,949 $ 22,222 $ 36,856 $ 33,615 $ 115,642 Restructuring charges 11,483 4,632 17,063 19,220 52,398 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 $ 34,935 $ 51,009 $ 53,919 $ 52,835 $ 192,698 Debt Debt payable within one year $ 45,598 Long-term debt 1,100,360 Total debt $ 1,145,958 Less: cash and cash equivalents 112,278 Net debt $ 1,033,680 Leverage ratio (Total debt/TTM Adjusted EBITDA) 5.9 Net leverage ratio (Net debt/TTM Adjusted EBITDA) 5.4 Interest coverage ratio (TTM Adjusted EBITDA/Interest expense) 1.7 Sales $ 672,371 $ 686,359 $ 721,349 $ 708,591 $ 2,788,670 Net income (loss) margin (Net income (loss)/Sales) 0.5 % (4.9)% (2.6)% (2.9)% (2.5)% Adjusted EBITDA margin (Adjusted EBITDA/Sales) 5.2 % 7.4 % 7.5 % 7.5 % 6.9 % 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 September 30, Nine Months Ended September 30, 2026 2025 2026 2025 Net cash provided by (used in) operating activities $ 5,227 $ 38,628 $ (33,802) $ 8,197 Capital expenditures (15,977) (11,191) (53,837) (36,506) Free cash flow $ (10,750) $ 27,437 $ (87,639) $ (28,309) 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