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Second Quarter 2026 Earnings Presentation July 21, 2026
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2GPC Q2’26 EARNINGS PRESENTATION | Safe Harbor Statement FORWARD-LOOKING STATEMENTS: Some statements in this presentation, as well as in other materials the company files with the Securities and Exchange Commission (“SEC”), release to the public, or make available on the company's website, constitute forward-looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements in the future tense and all statements accompanied by words such as “expect,” “likely,” “outlook,” “forecast,” “preliminary,” “would,” “could,” “should,” “position,” “will,” “project,” “intend,” “plan,” “on track,” “anticipate,” “to come,” “may,” “possible,” “assume,” or similar expressions are intended to identify such forward-looking statements. These forward-looking statements include the company's view of business and economic trends for the remainder of the year and the company's expectations regarding its ability to capitalize on these business and economic trends; the company's full-year 2026 outlook and the company's ability to successfully execute on its strategic priorities, including the company’s anticipated separation of Global Automotive and Global Industrial into two independent, publicly traded companies. Senior officers may also make verbal statements to analysts, investors, the media and others that are forward-looking. The company cautions you that all forward-looking statements involve risks and uncertainties, and while the company believes its expectations for the future are reasonable in view of currently available information, you are cautioned not to place undue reliance on the company's forward- looking statements. Actual results or events may differ materially from those indicated as a result of various important factors. Such factors may include, among other things, changes in general economic conditions, including persistent inflation (including the direct and indirect impact of tariffs and retaliatory tariffs) or deflation, geopolitical uncertainty and unrest (including from the conflict involving the United States and Iran) and declining consumer confidence; the company’s ability to successfully implement the separation of Global Automotive and Global Industrial and achieve the anticipated benefits of such transaction; volatility in oil prices; significant costs, such as elevated fuel and freight expenses; the company's ability to maintain compliance with its debt covenants; its ability to successfully integrate acquired businesses into its operations and to realize the anticipated synergies and benefits; its ability to successfully implement its business initiatives in its three business segments; slowing demand for its products; the ability to maintain favorable supplier arrangements and relationships; changes in national and international legislation or government regulations or policies, including changes to global trade regulations, environmental and social policy, infrastructure programs and privacy legislation and unrelated uncertainties, and their impact to us, the company's suppliers and customers; changes in tax policies; volatile exchange rates; the company's ability to successfully attract and retain employees in the current labor market; uncertain credit markets and other macroeconomic conditions; competitive product, service and pricing pressures; failure or weakness in its disclosure controls and procedures and internal controls over financial reporting; the uncertainties and costs of litigation; public health emergencies, including the effects on the financial health of the company's business partners and customers, on supply chains and its suppliers, on vehicle miles driven as well as other metrics that affect the company's business, and on access to capital and liquidity provided by the financial and capital markets; disruptions caused by a failure or breach of the company's information systems; the success of its global restructuring efforts and the annualized cost savings arising therefrom, as well as other risks and uncertainties discussed in the company's Annual Report on Form 10-K and from time to time in its subsequent filings with the SEC. Forward-looking statements speak only as of the date they are made, and the company undertakes no duty to update any forward-looking statements except as required by law. You are advised, however, to review any further disclosures the company makes on related subjects in subsequent Forms 10-K, 10-Q, 8-K and other reports filed with the SEC. NON-GAAP MEASURES: This presentation contains certain financial information not derived in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”). These items include adjusted gross profit, adjusted gross margin, adjusted selling, administrative and other expenses, adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted diluted net income per common share and free cash flow. The company believes that the presentation of adjusted gross profit, adjusted gross margin, adjusted selling, administrative and other expenses, adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted diluted net income per common share and free cash flow, when considered together with the corresponding GAAP financial measures and the reconciliations to those measures, provide meaningful supplemental information to both management and investors that is indicative of the company's core operations. The company considers these metrics useful to investors because they provide greater transparency into management’s view and assessment of the company’s ongoing operating performance by removing items management believes are not representative of the company’s continuing operations and may distort the company’s longer-term operating trends. The company believes these measures are useful and enhance the comparability of results from period to period and with competitors, as well as show ongoing results from operations distinct from items that are infrequent or not associated with the company’s core operations. The company does not, nor does it suggest investors should, consider such non-GAAP financial measures as superior to, in isolation from, or as a substitute for, GAAP financial information. The company has included a reconciliation of this additional information to the most comparable GAAP measure following the financial statements below. The company does not provide a forward-looking outlook for certain financial measures on a GAAP basis because the company is unable to predict certain items contained in the GAAP measures without unreasonable efforts. These items may include acquisition-related costs, litigation charges or settlements, impairment charges, restructuring costs and certain other unusual adjustments.
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3GPC Q2’26 EARNINGS PRESENTATION | Revenue • North America Automotive • International Automotive • Industrial $25.1B 39% 24% 37% Adj. EBITDA Margin1 8.2% Dividend Yield2 3.6% Global Footprint TTM Revenue by Region Key Statistics Founded 1928 Headquarters Atlanta, GA Countries Served 17 Locations • Distribution Centers • Branches/Service Centers • Retail (Owned/Independent) ~10,855 ~190 ~720 ~9,945 Employees 65,000+ TTM Financial Highlights 73% North America 17% Europe 10% Australasia GPC Snapshot (as of 6/30/2026) 1 See Appendix B 2 Calculated based on annual dividend per share divided by share price as of 6/30/26 Leading Global Distributor and Solutions Provider in Diversified “Break Fix” End Markets
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4GPC Q2’26 EARNINGS PRESENTATION | Key Messages ✓ We want to thank our GPC teammates around the world for their hard work, resilience and commitment to serving our customers ✓ Despite navigating a dynamic global environment, including the conflict in Iran, second quarter results came in ahead of our internal profit expectations ✓ We remain focused on controlling what we can control and executing with discipline to strengthen the business for the long term ✓ The planned separation of Global Automotive and Global Industrial remains on track, with meaningful progress continuing to be made on key separation workstreams Navigating Global Uncertainty With Disciplined Execution While Continuing Separation Momentum
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5GPC Q2’26 EARNINGS PRESENTATION | Global Sales $6.5B Increased 6.0% Adj Gross Margin1 37.9% Improved 20 bps Adj Diluted EPS1 $2.15 Increased 2.4% Total Liquidity $2.3B Adj EBITDA Margin1 8.7% Decreased 20 bps Capital Structure 2.4x Total Debt to Adj EBITDA1 Cash From Operations $464M Working Capital2 $1.5B Q2’26 Performance: GPC Executive Summary Adj EBITDA1 $567M Increased 3.6% Financial Strength and Flexibility to Drive Growth All comparisons are YoY unless otherwise stated 1 Non-GAAP financial measures reconciled in Appendix B 2 Working capital is defined as current assets less current liabilities At June 30 Second Quarter Performance Reflects Our Agility and Operational Strength As of June 30, 2026
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6GPC Q2’26 EARNINGS PRESENTATION | Total Sales $2.4B Increased 7.1% Comp Sales1 +6.1% Segment EBITDA2 $316M Increased 9.8% Q2’26 Performance: Industrial Segment EBITDA Margin2 13.1% Improved 30 bps Market Total Sales3 North America +7.1% Australasia (3.0%) 1 See Appendix A; 2 See Appendix B; 3 Local Currency; All comparisons are YoY unless otherwise stated ✓ Growth in 11 of 14 end markets and sequential improvement in 10 of 14 ✓ MRO grew approximately 7%, with strength in both large corporate accounts and small to medium-sized local customers ✓ Strong sequential improvement in our value-added solutions business, which grew approximately 9%, and the best performance since the first quarter of 2023 Accomplishments: Strong Results While Making Strategic Investments in the Business
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7GPC Q2’26 EARNINGS PRESENTATION | Total Sales $2.5B Increased 3.8% Comp Sales1 +2.6% Segment EBITDA2 $208M Increased 6.0% Q2’26 Performance: Automotive Segment EBITDA Margin2 8.2% Increased 20 bps Market Total Sales3 Comp Sales1,3 U.S. +2.8% +2.9% Canada +9.0% +1.1% Europe +3.6% +0.7% Australasia +1.8% +1.3% Accomplishments: ✓ Continued strong performance from company-owned stores in U.S., with comparable sales growth of approximately 4%, and approximately 5.5% in commercial ✓ Benson acquisition continues to provide a nice tailwind, and we remain ahead of our financial and operational target plans ✓ Europe sequentially improved from the first quarter with most notable improvement in the UK and Germany ✓ Despite challenging market conditions, Australasia had another solid quarter with positive sales growth to both retail and trade customers 1 See Appendix A; 2 See Appendix B; 3 Local Currency; All comparisons are YoY unless otherwise stated Sequential Improvement in Comparable Sales Across Both Segments Total Sales $1.6B Increased 8.2% Comp Sales1 +0.6% Segment EBITDA2 $150M Increased 6.0% Segment EBITDA Margin2 9.4% Decreased 20 bps International Automotive N. America Automotive
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8GPC Q2’26 EARNINGS PRESENTATION | YTD 2026 Capital Deployment Key Priorities Dividend ✓ $288M YTD Cash Dividends Paid ✓ FY’26 Cash Dividend of $4.25 Per Share, +3.2% From 2025 ‒ 70th consecutive year of increased dividends paid to our shareholders Strategic Investments ✓ $205M YTD Capital Expenditures • Estimated $450M – $500M FY’26 Capital Expenditures M&A ✓ $38M YTD Capital Deployed • Estimated $300M – $350M FY’26 M&A Capital Outlay Share Repurchases ✓ ~7.5 million shares remain available for repurchase 1 Includes proceeds from divestiture GPC Capital Allocation: YTD’26 and FY’26 Outlook 39% 7% 54% ~$530M M&AStrategic Investments Dividend Disciplined and Consistent Approach to Strategic Capital Allocation
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9GPC Q2’26 EARNINGS PRESENTATION | GPC 2026 Updated Outlook: Total GPC1 Previous Outlook Updated Outlook Total Sales Growth 3% to 5.5% 3% to 5.5% Comp Sales Growth 2% to 4.5% 2% to 4% Adj Gross Margin2 +40 bps to +60 bps +40 bps to +60 bps Adj SG&A as a % of Sales2 (50) bps to (30) bps (50) bps to (30) bps Adj EBITDA2 $2.0B to $2.2B $2.0B to $2.2B Adj EBITDA Growth2 2% to 9% 2% to 9% Diluted EPS $6.10 to $6.60 $5.90 to $6.40 Adj Diluted EPS2 $7.50 to $8.00 $7.50 to $8.00 Adj EPS Growth2 2% to 9% 2% to 9% Cash From Operations $1.0B to $1.2B $1.0B to $1.2B Free Cash Flow2 $550M to $700M $550M to $700M Other • Capex $450M to $500M $450M to $500M • Depreciation & Amortization $515M to $540M $515M to $540M • Interest Expense $180M to $190M $180M to $190M • Corporate EBITDA as a % of Sales2 1.5% to 2% 1.5% to 2% • Tax Rate ~24% ~24% 1 Our outlook considers several factors, including recent business trends and financial results, current growth plans, strategic initiatives, global economic outlook, current trade environment and geopolitical conflicts and the potential impact these factors may have on results. 2 A non-GAAP measure (See Appendix B)
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10GPC Q2’26 EARNINGS PRESENTATION | GPC 2026 Updated Outlook: By Segment1 Industrial Industrial Reaffirmed Outlook • Total Sales Growth 3% to 6% • Comp Sales Growth 3% to 6% • EBITDA2 $1.22B to $1.28B • EBITDA Growth2 7% to 12% 1 Our outlook considers several factors, including recent business trends and financial results, current growth plans, strategic initiatives, global economic outlook, current trade environment and geopolitical conflicts and the potential impact these factors may have on results. 2 A non-GAAP measure (See Appendix B) Automotive North America Automotive Previous Outlook Updated Outlook • Total Sales Growth 3% to 5% 2.5% to 4.5% • Comp Sales Growth 1.5% to 3.5% 1% to 3% • EBITDA2 $700M to $730M $700M to $730M • EBITDA Growth2 5% to 9% 5% to 9% International Automotive • Total Sales Growth 3% to 6% 5% to 8% • Comp Sales Growth 1.5% to 3.5% 0.5% to 2.5% • EBITDA2 $560M to $600M $560M to $600M • EBITDA Growth2 4% to 10% 4% to 10% Global Automotive • Total Sales Growth 3% to 5% 3% to 5% • Comp Sales Growth 1.5% to 3.5% 1% to 3% • EBITDA2 $1.26B to $1.33B $1.26B to $1.33B • EBITDA Growth2 4% to 9% 4% to 9%
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11GPC Q2’26 EARNINGS PRESENTATION | Separation Update Item: Corporate Cost Allocation Framework GPC Corporate Costs ~$360M Global Automotive ~$210M - $230M Global Industrial ~$50M - $75M A/R Financing Annual Fees ~$50M Functional Support Costs ~$190M - $210M Product Liability Annual Expense ~$20M 65% 20% 15% Dis-synergies Previously Disclosed Q1’26 $50M - $75M GPC ’25A Corporate Cost Allocation ~$360M ~% of total Corp. Cost Allocation Funds Industrial “Standalone Cost” Previously Disclosed Q1’26 Global Automotive ~$25M - $38M Global Industrial ~$25M - $38M 50% 50% Segment Adj. EBITDA (‘25A) ($US in millions) Corp. Cost, Standalone, Dis-synergies Proforma Segment EBITDA $1,216M ~$250M ~$1,000M $1,146M ~$100M ~$1,000M Corporate Cost Allocation Framework with Operational Plans to Evolve and Optimize Over Time
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12 Appendix
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13GPC Q2’26 EARNINGS PRESENTATION | Other Information Appendix A Comparable Sales: Comparable sales or “comp sales” is a key metric that refers to period-over-period comparisons of the company’s net sales excluding the impact of acquisitions, foreign currency and other. The company’s calculation of comparable sales is computed using total business days for the period and is inclusive of sales from company-owned stores and sales into independent stores. The company considers this metric useful to investors because it provides greater transparency into management’s view and assessment of the company’s core ongoing operations. This is a metric that is widely used by analysts, investors and competitors, however the company’s calculation of the metric may not be comparable to similar measures disclosed by other companies, because not all companies and analysts calculate this metric in the same manner.
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14GPC Q2’26 EARNINGS PRESENTATION | Segment Data Appendix B North America Automotive International Automotive (in thousands) 2026 2025 2026 2025 Net sales $ 2,537,236 $ 2,444,377 $ 4,900,268 $ 4,709,158 Cost of goods sold 1,547,497 1,486,192 3,001,844 2,882,809 Gross profit $ 989,739 $ 958,185 $ 1,898,424 $ 1,826,349 Operating expenses 781,411 761,685 1,533,891 1,482,854 EBITDA $ 208,328 $ 196,500 $ 364,533 $ 343,495 Gross margin 39.0% 39.2% 38.7% 38.8% Operating expenses as a percentage of net sales 30.8% 31.2% 31.3% 31.5% EBITDA margin 8.2% 8.0% 7.4% 7.3% Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2026 2025 2026 2025 Net sales $ 1,588,112 $ 1,467,904 $ 3,173,628 $ 2,868,011 Cost of goods sold 854,023 789,057 1,720,350 1,549,264 Gross profit $ 734,089 $ 678,847 $ 1,453,278 $ 1,318,747 Operating expenses 584,098 537,355 1,158,442 1,038,743 EBITDA $ 149,991 $ 141,492 $ 294,836 $ 280,004 Gross margin 46.2% 46.2% 45.8% 46.0% Operating expenses as a percentage of net sales 36.8% 36.6% 36.5% 36.2% EBITDA margin 9.4% 9.6% 9.3% 9.8% Three Months Ended June 30, Six Months Ended June 30,
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15GPC Q2’26 EARNINGS PRESENTATION | Segment Data Appendix B Industrial (in thousands) 2026 2025 2026 2025 Net sales $ 2,411,603 $ 2,252,144 $ 4,727,995 $ 4,453,325 Cost of goods sold 1,659,459 1,564,815 3,264,793 3,100,409 Gross profit $ 752,144 $ 687,329 $ 1,463,202 $ 1,352,916 Operating expenses 435,697 399,191 832,635 786,067 EBITDA $ 316,447 $ 288,138 $ 630,567 $ 566,849 Gross margin 31.2% 30.5% 30.9% 30.4% Operating expenses as a percentage of net sales 18.1% 17.7% 17.6% 17.7% EBITDA margin 13.1% 12.8% 13.3% 12.7% Three Months Ended June 30, Six Months Ended June 30,
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16GPC Q2’26 EARNINGS PRESENTATION | Segment Data Appendix B Reconciliation of Net Sales by Segment and Segment EBITDA to Net Income (Loss) 2026 2025 (in thousands) Q1 Q2 Q1 Q2 Q3 Q4 Net sales: North America Automotive $ 2,363,032 $ 2,537,236 $ 2,264,781 $ 2,444,377 $ 2,484,591 $ 2,326,293 International Automotive 1,585,516 1,588,112 1,400,107 1,467,904 1,505,197 1,485,358 Industrial 2,316,392 2,411,603 2,201,181 2,252,144 2,270,444 2,197,764 Segment EBITDA: North America Automotive 156,205 208,328 146,995 196,500 199,626 129,061 International Automotive 144,845 149,991 138,512 141,492 135,078 129,091 Industrial 314,120 316,447 278,711 288,138 285,015 294,558 Corporate EBITDA (119,525) (107,813) (91,125) (78,632) (93,374) (94,044) Interest expense, net (43,953) (45,800) (37,216) (40,211) (40,342) (45,737) Depreciation and amortization (131,028) (134,716) (115,435) (123,018) (127,475) (172,095) Other unallocated costs (75,271) (92,607) (68,805) (45,712) (66,835) (1,070,553) Income (loss) before income taxes 245,393 293,830 251,637 338,557 291,693 (829,719) Income taxes benefit (expense) (56,858) (66,272) (57,245) (83,677) (65,522) 220,221 Net income (loss) $ 188,535 $ 227,558 $ 194,392 $ 254,880 $ 226,171 $ (609,498) Segment EBITDA margin: North America Automotive 6.6% 8.2% 6.5% 8.0% 8.0% 5.5% International Automotive 9.1% 9.4% 9.9% 9.6% 9.0% 8.7% Industrial 13.6% 13.1% 12.7% 12.8% 12.6% 13.4% Total Adjusted EBITDA margin 7.9% 8.7% 8.1% 8.9% 8.4% 7.6%
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17GPC Q2’26 EARNINGS PRESENTATION | Reconciliation of Non-GAAP Financial Measures Appendix B Reconciliation of Net Income (Loss) to Adjusted EBITDA Refer to Explanation of Adjustments for further information 2026 2026 2026 (in thousands) TTM Q1 Q2 Q1 Q2 Q3 Q4 GAAP net income 32,766$ 188,535$ 227,558$ 194,392$ 254,880$ 226,171$ (609,498)$ Depreciation and amortization 565,314 131,028 134,716 115,435 123,018 127,475 172,095 Interest expense, net 175,832 43,953 45,800 37,216 40,211 40,342 45,737 Income taxes (benefit) (31,569) 56,858 66,272 57,245 83,677 65,522 (220,221) EBITDA: 742,343 420,374 474,346 404,288 501,786 459,510 (611,887) Restructuring and other costs (1) 287,649 57,732 76,438 54,770 45,712 66,835 86,644 Separation and other costs (2) 33,708 17,539 16,169 — — — — Acquisition and integration related costs and other (3) — — — 14,035 — — — Asbestos-related product liability (4) 103,352 — — — — — 103,352 Pension settlement (5) 741,967 — — — — — 741,967 First Brands credit loss allowance (6) 150,500 — — — — — 150,500 Retirement obligation and other (7) (11,910) — — — — — (11,910) Adjusted EBITDA $ 2,047,609 $ 495,645 $ 566,953 $ 473,093 $ 547,498 $ 526,345 $ 458,666 2025
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18GPC Q2’26 EARNINGS PRESENTATION | Reconciliation of Non-GAAP Financial Measures (Cont.) Appendix B Reconciliation of Net Income (Loss) to Adjusted Net Income Refer to Explanation of Adjustments for further information; Figures may not foot due to rounding (in thousands) Q1 Q2 Q1 Q2 Q3 Q4 GAAP net income (loss) $ 188,535 $ 227,558 $ 194,392 $ 254,880 $ 226,171 $ (609,498) Adjustments: Restructuring and other costs (1) 57,732 76,438 54,770 45,712 66,835 86,644 Separation and other costs (2) 17,539 16,169 — — — — Acquisition and integration related costs and other (3) — — 14,035 — — — Asbestos-related product liability (4) — — — — — 103,352 Pension settlement (5) — — — — — 741,967 First Brands credit loss allowance (6) — — — — — 150,500 Retirement obligation and other (7) — — — — — 30,111 Total adjustments 75,271 92,607 68,805 45,712 66,835 1,112,574 Tax impact of adjustments (19,255) (23,931) (20,124) (8,805) (17,411) (287,110) Adjusted net income $ 244,551 $ 296,234 $ 243,073 $ 291,787 $ 275,595 $ 215,966 2026 2025
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19GPC Q2’26 EARNINGS PRESENTATION | Reconciliation of Non-GAAP Financial Measures (Cont.) Appendix B Reconciliation of Diluted Net Income (Loss) Per Common Share to Adjusted Diluted Net Income Per Common Share Refer to Explanation of Adjustments for further information; Figures may not foot due to rounding (in thousands, except per share data) Q1 Q2 Q1 Q2 Q3 Q4 GAAP diluted net income (loss) per common share $ 1.37 $ 1.65 $ 1.40 $ 1.83 $ 1.62 $ (4.39) Adjustments: Restructuring and other costs (1) 0.42 0.55 0.39 0.33 0.48 0.62 Separation and other costs (2) 0.13 0.12 — — — — Acquisition and integration related costs and other (3) — — 0.10 — — — Asbestos-related product liability (4) — — — — — 0.74 Pension settlement (5) — — — — — 5.34 First Brands credit loss allowance (6) — — — — — 1.08 Retirement obligation and other (7) — — — — — 0.22 Total adjustments 0.55 0.67 0.49 0.33 0.48 8.00 Tax impact of adjustments (0.15) (0.17) (0.14) (0.06) (0.12) (2.06) Adjusted diluted net income per common share $ 1.77 $ 2.15 $ 1.75 $ 2.10 $ 1.98 $ 1.55 Weighted average common shares outstanding — assuming dilution 138,030 137,977 139,200 139,244 139,406 138,903 20252026
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20GPC Q2’26 EARNINGS PRESENTATION | Reconciliation of Non-GAAP Financial Measures (Cont.) Appendix B Reconciliation of Gross Profit to Adjusted Gross Profit Refer to Explanation of Adjustments for further information Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2026 2025 2026 2025 GAAP gross profit $ 2,470,707 $ 2,324,388 $ 4,809,671 $ 4,498,072 Adjustments: Restructuring and other costs (1) 5,289 — 5,289 — Total adjustments 5,289 — 5,289 — Adjusted gross profit $ 2,475,996 $ 2,324,388 $ 4,814,960 $ 4,498,072 Net Sales $ 6,536,951 $ 6,164,425 $ 12,801,891 $ 12,030,494 Gross profit as a percent of net sales 37.8% 37.7% 37.6% 37.4% Adjusted gross profit as a percent of net sales 37.9% 37.7% 37.6% 37.4%
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21GPC Q2’26 EARNINGS PRESENTATION | Reconciliation of Non-GAAP Financial Measures (Cont.) Appendix B Reconciliation of Selling, Administrative & Other Expenses to Adjusted Selling, Administrative & Other Expenses Refer to Explanation of Adjustments for further information Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2026 2025 2026 2025 GAAP selling, administrative and other expenses $ 1,917,508 $ 1,771,195 $ 3,774,338 $ 3,480,874 Adjustments: Separation and other costs (2) (16,169) — (33,708) — Acquisition and integration related costs and other (3) — — — (14,035) Total adjustments (16,169) — (33,708) (14,035) Adjusted selling, administrative and other expenses $ 1,901,339 $ 1,771,195 $ 3,740,631 $ 3,466,839 Net sales $ 6,536,951 $ 6,164,425 $ 12,801,891 $ 12,030,494 GAAP SG&A expenses as a percent of net sales 29.3% 28.7% 29.5% 28.9% Adjusted SG&A expenses as a percent of net sales 29.1% 28.7% 29.2% 28.8%
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22GPC Q2’26 EARNINGS PRESENTATION | Reconciliation of Non-GAAP Financial Measures (Cont.) Appendix B Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow Outlook (in thousands) For the Year Ending December 31, 2026 Net cash provided by operating activities $1.0 billion to $1.2 billion Purchases of property, plant and equipment $450 million to $500 million Free Cash Flow $550 million to $700 million (in thousands) Six Months Ended June 30, 2026 Net cash provided by operating activities $ 464,114 Purchases of property, plant and equipment (205,391) Free Cash Flow $ 258,723
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23GPC Q2’26 EARNINGS PRESENTATION | Explanation of Adjustments Appendix B (1) Restructuring and other costs: Adjustment reflects costs related to our global restructuring initiative which includes employee severance and other termination benefits, and the rationalization and optimization of certain distribution centers, stores and other facilities. (2) Separation and other costs: Adjustment primarily reflects legal and professional services and executive incentive plan costs related to the planned separation of the company’s Global Automotive and Global Industrial businesses that was announced on February 17, 2026 and is targeted for completion in the first quarter of 2027. (3) Acquisition and integration related costs and other: Adjustment primarily reflects lease and other exit costs related to the integration of acquired independent automotive stores. (4) Asbestos-related product liability: Adjustment reflects a remeasurement of the company's asbestos-related product liability for a revised estimate of the number of claims to be incurred in future periods based on adverse current year changes in the claims environment, among other assumptions. (5) Pension settlement: Adjustment reflects a pension charge related to the settlement of the company’s U.S. qualified defined benefit plan (U.S. pension plan). (6) First Brand credit loss allowance: Adjustment reflects a charge for expected credit losses on volume purchase rebates and other amounts due from First Brands, a key automotive parts supplier who filed for Chapter 11 bankruptcy. (7) Retirement obligation and other: Adjustment reflects certain nonroutine charges recorded during the quarter ended December 31, 2025, including a charge related to certain asset retirement obligations.
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24GPC Q2’26 EARNINGS PRESENTATION | GPC 2026 Outlook: U.S. Business Days U.S. Business Days* Q1 Q2 Q3 Q4 FY 2026 63 64 64 63 254 2025 63 64 64 63 254 Difference 0 0 0 0 0 *Our calculation of comparable sales is computed using total business days for the period, not calendar days. We believe a business day approach is a better representation given the fluctuations of weekend operating hours, particularly at our Motion facilities and independently owned NAPA stores in the U.S. FY’26 Outlook: Number of U.S. Business Days in 2026 Unchanged from 2025 Appendix C