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EARNINGS PRESENTATION www.TFSPORT.co.uk AUTOMOBILE ସା 96 GOODF YEAR HRAX Q2 2026 LE MANS TotalEnergies 49 P2 August 6 , 2026 M M GO GOOD YEAR GOODYEAR
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P.2 Q2 2026 HIGHLIGHTS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix Second quarter RESULTS IN LINE WITH EXPECTATIONS, reflecting improved market conditions compared to the first quarter Market dynamics continue to validate actions to REPOSITION THE BUSINESS AND IMPROVE LONG-TERM COMPETITIVENESS STRENGTHENING OUR PRODUCT PORTFOLIO through innovation, premium growth and disciplined SKU management; Continued growth in the share of ≥18” consumer tires across all regions reflects our focus on higher-value market segments Manufacturing actions continue REALIGNING THE FOOTPRINT with the portfolio we're building and the markets where we choose to compete We remain focused on DRIVING STRONG AND CONSISTENT FINANCIAL PERFORMANCE through deliberate choices on where we invest and compete
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P.3 Q2 2026 KEY METRICS TIRE UNITS 36.5 -4.0% YoY NET SALES $4,250 - 4.8% YoY SEGMENT OPERATING INCOME $36 SOI MARGIN 0.8% - 2.8 pts YoY FREE CASH FLOW ($69) +$318 YoY ADJUSTED EPS ($0.61) -$0.44 YoY - $123 YoY - $79 YoY - 1.9 pts YoY Excluding Chemical & Dunlop brand sales 1(a) Excluding Chemical & Dunlop brand sales 1(a) TERMS: UNITS & $ IN MILLIONS, EXCEPT PER SHARE AMOUNTS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix
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P.4 Q2 2026 SBU METRICS $496 + 8.1% YoY + 2.1% YoY $1,372 NET SALES $2,382 - 10.5% YoY SEGMENT OPERATING INCOME (LOSS) ($10) - $151 YoY SOI MARGIN (0.4%) AMERICAS - 5.7pts YoY EMEAAPAC ($17) + $8 YoY (1.2%) + 0.7pts YoY $63 + $20 YoY 12.7% + 3.3pts YoY TERMS: $ IN MILLIONS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix
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FINANCIAL RESULTS
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P.6 INCOME STATEMENT TERMS: UNITS & $ IN MILLIONS, EXCEPT PER SHARE AMOUNTS THREE MONTHS ENDED Highlights Financial Results SBU Results Outlook Important Disclosures Appendix 2026 2025 Change Tire Units 36.5 37.9 -4.0% Net Sales $ 4,250 $ 4,465 -4.8% Gross Margin 16.0% 17.0% -1 pt SAG 703 692 +1.6% SAG % to Sales 16.5% 15.5% +1 pt Segment Operating Income $ 36 $ 159 -$123 Segment Operating Margin 0.8% 3.6% -2.8 pts Goodyear Net Income (Loss) $ (204) $ 254 -180.3% Goodyear Net Income (Loss) Per Share Weighted Average Shares Outstanding 289 287 Basic Earnings Per Share $ (0.71) $ 0.88 Weighted Average Shares Outstanding - Diluted 289 290 Diluted Earnings Per Share $ (0.71) $ 0.87 Adjusted Earnings Per Share $ (0.61) $ (0.17) Three Months Ended June 30,
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P.7 SEGMENT OPERATING RESULTS SECOND QUARTER 2026 VERSUS 2025 TERMS: $ IN MILLIONS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix ($132) Total Volume Impact $123 Net P/M vs Raws $36 ($34) ($98) $32 $91 ($53) ($12) Volume Unabsorbed Fixed Cost Price/Mix Raw Materials Other Costs Foreign Currency & Other $115 Q2 2025 SOI Excl. Asset Sales Q2 2026 SOI $95 Goodyear Forward 1(b) 1(e) 1(c) $159 Q2 2025 SOI ($68) Calculated Inflation (CPI) 1(d) Asset Sales ($44) ($32) Tariffs 1(a)
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P.8 BALANCE SHEET & CASH FLOW $7,051 CASH FLOW FROM OPERATING ACTIVITIES (GAAP)TOTAL DEBT $7,190 As of June 30, 2026 $7,836 As of June 30, 2025 $6,329 As of June 30, 2026 As of June 30, 2025 NET DEBT - $646 YoY - $722 YoY $98 Three Months Ended June 30, 2026 ($180) Three Months Ended June 30, 2025 ($69) Three Months Ended June 30, 2026 ($387) Three Months Ended June 30, 2025 FREE CASH FLOW (NON-GAAP) + $278 YoY + $318 YoY TERMS: $ IN MILLIONS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix
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SBU RESULTS
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P.10 AMERICAS Q2 2026 SBU RESULTS Net Sales 17.4 - 8.7% YoY $2,382 - 10.5% YoY ($10) - $151 YoY MarginIncome (Loss)Tire Units (0.4%) - 5.7 pts YoY TERMS: UNITS & $ IN MILLIONS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix Segment Operating Excluding Chemical asset sale 1(a) - $118 YoY - 4.6pts YoY Total OE + 8.7% YoY Total Replacement - 13.0% YoY U.S. Industry Backdrop (sell-in) Goodyear Volumes (YoY) Consumer replacement channel destocking moderated in Q2 as industry sell-out was down 1% and more closely aligned with sell-in compared to Q1 Rationalization of lower-tier consumer product offerings drove Goodyear replacement volume lower than the industry Goodyear volume grew across both consumer and commercial OE, reflecting market share gains in each Replacement Consumer -2% Commercial -12% OE Consumer -1% Commercial -9% Commentary
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P.11 $1,372 EMEA Q2 2026 SBU RESULTS Net Sales 11.2 - 2.1% YoY + 2.1% YoY ($17) + $8 YoY Segment Operating MarginIncome (Loss)Tire Units (1.2%) + 0.7 pts YoY TERMS: UNITS & $ IN MILLIONS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix Excluding Dunlop brand sale 1(a) + $20 YoY + 1.6pts YoY Total OE + 8.3% YoY Total Replacement - 7.1% YoY Industry Backdrop (sell-in) Goodyear Volumes (YoY) Rationalization of lower-tier consumer product offerings resulted in Goodyear replacement volume being lower than the industry Goodyear volume grew across both consumer and commercial OE, reflecting market share gains in each Consumer OE achieved the 10th consecutive quarter of market share gains Replacement Consumer -1% Commercial -2% OE Consumer -6% Commercial +3% Commentary
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P.12 12.7% ASIA PACIFIC Q2 2026 SBU RESULTS Net Sales 7.9 + 5.3% YoY $496 + 8.1% YoY $63 + $20 YoY Segment Operating MarginIncomeTire Units + 3.3 pts YoY TERMS: UNITS & $ IN MILLIONS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix Total OE + 4.2% YoY Total Replacement + 6.4% YoY Industry Backdrop (sell-in) Goodyear Volumes (YoY) Consumer replacement growth in premium ≥18” rim sizes drove margin expansion Consumer OE growth driven by China despite lower OEM production Replacement Consumer +3% Commercial +3% OE Consumer ~Flat Commercial +14% Commentary
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OUTLOOK
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P.14 2026 SOI ASSUMPTIONS 2(a) TERMS: UNITS & $ IN MILLIONS Note: SOI assumptions, particularly Consumer industry volume, is subject to impacts from the conflict in the Middle East *FY2026 includes ~$65 million for Dunlop and ~$120 million for Chemical. Dunlop includes impacts from the off-take agreement and Chemical includes lost third-party income and the impact of new third-party raw material sourcing. Highlights Financial Results SBU Results Outlook Important Disclosures Appendix VOLUME Q3 global unit volumes flat YoY improving from 1H with new assortment wins, stabilizing market trends and normalization of channel inventory Q3 unabsorbed overhead ~$70 million headwind given Q2 volume PRICE/MIX Q3 ~$110 million benefit RAW MATERIALS 2(b) Q3 ~$20 million headwind GOODYEAR FORWARD Q3 ~$70 million benefit; FY2026 ~$325 million benefit TARIFFS Q3 ~$10 million headwind INFLATION & OTHER COSTS Q3 ~$95 million increase inclusive of ~$60 million core inflation, ~$15 million of transitory manufacturing expenses and other cost in excess of inflation, ~$20 million headwind related to our non-ERT businesses and other miscellaneous costs DUNLOP & CHEMICAL SALES* Q3 ~$57 million impact; FY2026 ~$185 million SOI
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P.15 OTHER FINANCIAL ASSUMPTIONS 2(a) TERMS: UNITS & $ IN MILLIONS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix FULL YEAR 2026 CORPORATE OTHER NORMAL OPERATING ~$150 million INTEREST EXPENSE ~$425 million OTHER (INCOME)/EXPENSE Interest income: ~$30 million Financing fees: ~$60 million Global pension related: ~$100 million 2(c) RATIONALIZATION PAYMENTS ~$265 million CASH TAXES 2(d) $150 to $175 million; operating tax expense $175 to $200 million DEPRECIATION & AMORTIZATION 2(e) ~$915 million GLOBAL PENSION CASH CONTRIBUTIONS 2(f) ~$25 million WORKING CAPITAL ~ Neutral CAPITAL EXPENDITURES ~$725 million OTHER CONSIDERATIONS Year-end accrual of $350 million deferred revenue associated with asset sales in 2025; $55 million amortized in 2026
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IMPORTANT DISCLOSURES
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P.17 IMPORTANT DISCLOSURES FORWARD-LOOKING STATEMENTS Certain information contained in this presentation constitutes forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. There are a variety of factors, many of which are beyond our control, that affect o ur operations, performance, business strategy and results and could cause our actual results and experience to differ materially from the assumptions, ex pectations and objectives expressed in any forward-looking statements. These factors include, but are not limited to: our ability to implement successfully our strategic initiatives; actions and initiatives taken by both current and potential competitors; increases in the prices paid for raw materials and energy; inflationary cost pressures; delays or disruptions in our supply chain or the provision of services to us; a prolonged econom ic downturn or period of economic uncertainty; deteriorating economic conditions or an inability to access capital markets; a labor strike, work stopp age, labor shortage or other similar event; financial difficulties, work stoppages, labor shortages or supply disruptions at our suppliers or custom ers; the adequacy of our capital expenditures; changes in tariffs, trade agreements or trade restrictions; uncertainty regarding the timing and amount of any IEEPA tariff refund; foreign currency translation and transaction risks; our failure to comply with a material covenant in our debt obligations; p otential adverse consequences of litigation involving the company; as well as the effects of more general factors such as changes in general m arket, economic or political conditions or in legislation, regulation or public policy. Additional factors are discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. In addition, any forward- looking statements represent our estimates only as of today and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change. Highlights Financial Results SBU Results Outlook Important Disclosures Appendix
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P.18 IMPORTANT DISCLOSURES (CONT) USE OF NON-GAAP FINANCIAL MEASURES (UNAUDITED) This presentation presents non-GAAP financial measures, including Total Segment Operating Income and Margin, Free Cash Flow, Adjusted Net Income (Loss), Adjusted Diluted Earnings Per Share (EPS) and organic earnings measures, which are important financial measures for the company but are not financial measures defined by U.S. GAAP, and should not be construed as alternatives to corresponding financial measures presented in accordance with U.S. GAAP. Total Segment Operating Income is the sum of the individual strategic business units’ (SBUs’) Segment Operating Income as determined in accordance with U.S. GAAP. Total Segment Operating Margin is Total Segment Operating Income divided by Net Sales as determined in accordance with U.S. GAAP. Management believes that Total Segment Operating Income and Margin are useful because they represent the aggregate value of income created by the company’s SBUs and exclude items not directly related to the SBUs for performance evaluation purposes. The most directly comparable U.S. GAAP financial measures to Total Segment Operating Income and Margin are Goodyear Net Income (Loss) and Return on Net Sales (which is calculated by dividing Goodyear Net Income (Loss) by Net Sales). Free Cash Flow is the company’s Cash Flows from Operating Activities as determined in accordance with U.S. GAAP, less capitalexpenditures, net of certain insurance recoveries. Management believes that Free Cash Flow is useful because it represents the cash generating capability of the company’s ongoing operations, after taking into consideration capital expenditures necessary to maintain its business and pursue growth opportunities. The most directly comparable U.S. GAAP financial measure is Cash Flows from Operating Activities. Adjusted Net Income (Loss) is Goodyear Net Income (Loss) as determined in accordance with U.S. GAAP adjusted for certain significant items. Adjusted Diluted Earnings Per Share (EPS) is the company’s Adjusted Net Income (Loss) divided by Weighted Average Shares Outstanding-Diluted as determined in accordance with U.S. GAAP. Management believes that Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per Share (EPS) are useful because they represent how management reviews the operating results of the company excluding the impacts of rationalizations, asset write-offs, accelerated depreciation, discrete tax items, impairments, asset sales and certain other significant items. Organic earnings measures, including organic Net Sales growth, organic Segment Operating Income and Margin and organic Segment Operating Income growth, are non-GAAP financial measures that exclude the direct impacts of the divestitures of the Dunlop brand and Chemical business from year-over-year comparisons. We believe these measures provide investors with a supplemental understanding of underlying earnings trends by providing comparisons on a constant basis. We completed the sale of the Dunlop brand and Chemical business in May 2025 and October 2025, respectively. It should be noted that other companies may calculate similarly-titled non-GAAP financial measures differently and, as a result, the measures presented herein may not be comparable to such similarly-titled measures reported by other companies. See the following tables for reconciliations of historical Total Segment Operating Income and Margin, Free Cash Flow, Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per Share to the most directly comparable U.S. GAAP financial measures. Highlights Financial Results SBU Results Outlook Important Disclosures Appendix
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APPENDIX
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P.20 SIX MONTHS 2026 KEY METRICS TIRE UNITS 70.5 -7.8% YoY NET SALES $8,131 - 6.7% YoY SEGMENT OPERATING INCOME $131 SOI MARGIN 1.6% - 2.5 pts YoY FREE CASH FLOW ($962) +$222 YoY ADJUSTED EPS ($1.00) -$0.79 YoY - $223 YoY - $142 YoY - 1.7 pts YoY Excluding Chemical & Dunlop brand sales 1(a) Excluding Chemical & Dunlop brand sales 1(a) TERMS: UNITS & $ IN MILLIONS, EXCEPT PER SHARE AMOUNTS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix
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P.21 SEGMENT OPERATING RESULTS SIX MONTHS 2026 VERSUS 2025 TERMS: $ IN MILLIONS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix ($291) Total Volume Impact $226 Net P/M vs Raws $131 ($121) ($170) $47 $179 ($103) ($9) Volume Unabsorbed Fixed Cost Price/Mix Raw Materials Other Costs Foreign Currency & Other $273 1H 2025 SOI Excl. Asset Sales 1H 2026 SOI $202 Goodyear Forward 1(b) 1(e) 1(c) $354 1H 2025 SOI ($123) Calculated Inflation (CPI) 1(d) Asset Sales ($81) 1(a) ($44) Tariffs
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P.22 SIGNIFICANT MATURITIES AS OF JUNE 30, 2026 TERMS: $ IN MILLIONS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix Undrawn Credit Lines Funded Debt $819 $811 $850 $657 $2,894 $707 $2,239 $98 2026 2027 2028 2029 2030 ≥ 2031 (3a) (3b) (3c)
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P.23 SEGMENT OPERATING INCOME RECONCILIATION TERMS: $ IN MILLIONS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix 2026 2025 2026 2025 Total Segment Operating Income $ 36 $ 159 $ 131 $ 354 Less: Rationalizations 29 59 133 140 Interest Expense 105 112 200 227 Other (Income) Expense 22 31 31 56 Net (Gain) Loss on Asset Sales (17) (439) (20) (701) Asset Write-Offs, Accelerated Depreciation, and Accelerated Lease Costs, net - 41 16 87 Corporate Incentive Compensation Plans 8 20 31 36 Retained Expenses of Divested Operations 3 1 6 3 Other 47 29 75 70 Income (Loss) before Income Taxes $ (161) $ 305 $ (341) $ 436 United States and Foreign Tax Expense 46 24 112 37 Less: Minority Shareholders' Net Income (Loss) (3) 27 - 30 Goodyear Net Income (Loss) $ (204) $ 254 $ (453) $ 369 Net Sales $ 4,250 $ 4,465 $ 8,131 $ 8,718 Return on Net Sales (4.8)% 5.7 % (5.6)% 4.2 % Total Segment Operating Margin 0.8 % 3.6 % 1.6 % 4.1 % Three Months Ended June 30, Six Months Ended June 30,
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P.24 RECONCILIATION OF TOTAL DEBT AND NET DEBT TERMS: $ IN MILLIONS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix June 30, March 31, December 31, June 30, 2026 2026 2025 2025 Accounts Receivable 2,728 2,602 2,341 3,016 Inventories 3,916 3,863 3,572 4,028 Accounts Payable — Trade (3,878) (3,754) (3,879) (4,010) Working Capital 4(a) $ 2,766 $ 2,711 $ 2,034 $ 3,034 Notes Payable and Overdrafts 359 483 506 499 Long Term Debt and Finance Leases due Within One Year 1,059 1,226 364 778 Long Term Debt and Finance Leases 5,772 5,276 5,328 6,559 Total Debt $ 7,190 $ 6,985 $ 6,198 $ 7,836 Less: Cash and Cash Equivalents 861 723 801 785 Net Debt $ 6,329 $ 6,262 $ 5,397 $ 7,051
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P.25 RECONCILIATION OF FREE CASH FLOW TERMS: $ IN MILLIONS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix 2026 2025 2026 2025 Net Income $ (207) $ 281 $ (453) $ 399 Depreciation and Amortization 235 274 474 544 Change in Working Capital 30 (319) (620) (1,069) Pension Expense 23 27 47 53 Pension Contributions and Direct Payments (12) (12) (22) (53) Provision for Deferred Income Taxes (6) (24) (8) (55) Rationalization Payments (40) (139) (123) (204) Net Gains on Asset Sales (17) (439) (20) (701) Other 5(a) 92 171 105 368 Cash Flows from Operating Activities (GAAP) $ 98 $ (180) $ (620) $ (718) Capital Expenditures (167) (207) (342) (466) Free Cash Flow (non-GAAP) $ (69) $ (387) $ (962) $ (1,184) Cash Flows from Investing Activities (GAAP) $ (165) $ 405 $ (339) $ 837 Cash Flows from Financing Activities (GAAP) $ 200 $ (318) $ 1,020 $ (107) June 30, Three Months Ended Six Months Ended June 30,
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P.26 RECONCILIATION OF ADJUSTED NET INCOME (LOSS) AND ADJUSTED DILUTED EARNINGS PER SHARE SECOND QUARTER 2026 TERMS: $ IN MILLIONS, EXCEPT PER SHARE AMOUNTS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix As Reported Rationalizations, Asset Write-offs, Accelerated Depreciation and Leases Colombia Labor Strike Indirect Tax Settlements and Discrete Tax Items Asset and Other Sales As Adjusted Net Sales $ 4,250 - - - - $ 4,250 Cost of Goods Sold 3,569 - (7) - - 3,562 Gross Margin 681 - 7 - - 688 SAG 703 - - - - 703 Rationalizations 29 (29) - - - - Interest Expense 105 - - - - 105 Other (Income) Expense 22 - - - - 22 Net (Gain) Loss on Asset Sales (17) - - - 17 - Pre-tax Income (Loss) (161) 29 7 - (17) (142) Taxes 46 - - (5) (3) 38 Minority Interest (3) - - - - (3) Goodyear Net Income (Loss) $ (204) $ 29 $ 7 $ 5 $ (14)$ (177) EPS $ (0.71) $ 0.10 $ 0.02 $ 0.02 $ (0.04)$ (0.61)
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P.27 RECONCILIATION OF ADJUSTED NET INCOME (LOSS) AND ADJUSTED DILUTED EARNINGS PER SHARE SECOND QUARTER 2025 TERMS: $ IN MILLIONS, EXCEPT PER SHARE AMOUNTS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix As Reported Rationalizations, Asset Write-offs, Accelerated Depreciation and Leases Goodyear Forward and Other Transaction Costs Indirect Tax Settlements and Discrete Tax Items Asset and Other Sales As Adjusted Net Sales $ 4,465 - - - - $ 4,465 Cost of Goods Sold 3,705 (40) - - - 3,665 Gross Margin 760 40 - - - 800 SAG 692 (1) (3) - - 688 Rationalizations 59 (59) - - - - Interest Expense 112 - - - - 112 Other (Income) Expense 31 - (2) - - 29 Net (Gain) Loss on Asset Sales (439) - - - 439 - Pre-tax Income (Loss) 305 100 5 - (439) (29) Taxes 24 8 2 4 (21) 17 Minority Interest 27 - - - (25) 2 Goodyear Net Income (Loss) $ 254 $ 92 $ 3 $ (4) $ (393)$ (48) EPS $ 0.87 $ 0.33 $ 0.01 $ (0.02) $ (1.36)$ (0.17)
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P.28 RECONCILIATION OF ADJUSTED NET INCOME (LOSS) AND ADJUSTED DILUTED EARNINGS PER SHARE SIX MONTHS 2026 TERMS: $ IN MILLIONS, EXCEPT PER SHARE AMOUNTS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix As Reported Rationalizations, Asset Write-offs, Accelerated Depreciation and Leases Indirect Tax Settlements and Discrete Tax Items Colombia Labor Strike Asset and Other Sales As Adjusted Net Sales $ 8,131 - - - - $ 8,131 Cost of Goods Sold 6,757 (15) (8) (7) - 6,727 Gross Margin 1,374 15 8 7 - 1,404 SAG 1,371 (1) - - - 1,370 Rationalizations 133 (133) - - - - Interest Expense 200 - - - - 200 Other (Income) Expense 31 - - - - 31 Net (Gain) Loss on Asset Sales (20) - - - 20 - Pre-tax Income (Loss) (341) 149 8 7 (20) (197) Taxes 112 8 (25) - (3) 92 Minority Interest - 1 - - - 1 Goodyear Net Income (Loss) $ (453) $ 140 $ 33 $ 7 $ (17) $ (290) EPS $ (1.57) $ 0.48 $ 0.12 $ 0.02 $ (0.05) $ (1.00)
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P.29 RECONCILIATION OF ADJUSTED NET INCOME (LOSS) AND ADJUSTED DILUTED EARNINGS PER SHARE SIX MONTHS 2025 TERMS: $ IN MILLIONS, EXCEPT PER SHARE AMOUNTS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix As Reported Rationalizations, Asset Write-offs, Accelerated Depreciation and Leases Goodyear Forward and Other Transaction Costs Pension Settlement Charges Indirect Tax Settlements and Discrete Tax Items Asset and Other Sales As Adjusted Net Sales $ 8,718 - - - - - $ 8,718 Cost of Goods Sold 7,218 (83) - - - - 7,135 Gross Margin 1,500 83 - - - - 1,583 SAG 1,342 (4) (5) - - - 1,333 Rationalizations 140 (140) - - - - - Interest Expense 227 - - - - - 227 Other (Income) Expense 56 - (6) (4) - - 46 Net (Gain) Loss on Asset Sales (701) - - - - 701 - Pre-tax Income (Loss) 436 227 11 4 - (701) (23) Taxes 37 30 3 1 5 (46) 30 Minority Interest 30 1 - - - (25) 6 Goodyear Net Income (Loss) $ 369 $ 196 $ 8 $ 3 $ (5) $ (630) $ (59) EPS $ 1.27 $ 0.69 $ 0.03 $ 0.01 $ (0.02) $ (2.19) $ (0.21)
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P.30 HISTORICAL KEY METRICS INCOME STATEMENT TERMS: UNITS & $ IN MILLIONS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 GOODYEAR TIRE UNITS AMERICAS 19.0 19.6 21.0 22.0 81.6 18.4 19.1 19.6 21.1 78.2 15.3 17.4 EMEA 12.5 11.6 12.2 12.6 48.9 12.3 11.3 12.0 12.3 47.9 11.2 11.2 ASIA PACIFIC 8.9 8.9 9.3 9.0 36.1 7.8 7.5 8.4 8.9 32.6 7.5 7.9 TOTAL COMPANY 40.4 40.1 42.5 43.6 166.6 38.5 37.9 40.0 42.3 158.7 34.0 36.5 NET SALES AMERICAS $2,588 $2,697 $2,858 $2,890 $11,033 $2,502 $2,662 $2,737 $2,867 $10,768 $2,063 $2,382 EMEA $1,347 $1,279 $1,348 $1,451 $5,425 $1,277 $1,344 $1,407 $1,522 $5,550 $1,363 $1,372 ASIA PACIFIC $602 $594 $618 $606 $2,420 $474 $459 $501 $528 $1,962 $ 455 $ 496 TOTAL COMPANY $4,537 $4,570 $4,824 $4,947 $18,878 $4,253 $4,465 $4,645 $4,917 $18,280 $3,881 $4,250 SEGMENT OPERATING INCOME (LOSS) AMERICAS $179 $241 $251 $262 $933 $155 $141 $206 $233 $735 $ 37 $ (10) EMEA $1 $30 $23 $38 $92 $(5) $(25) $30 $114 $114 $ 1 $ (17) ASIA PACIFIC $60 $63 $72 $82 $277 $45 $43 $51 $69 $208 $ 57 $ 63 2024 2025 2026
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P.31 HISTORICAL KEY METRICS BALANCE SHEET AND CASH FLOW TERMS: $ IN MILLIONS Highlights Financial Results SBU Results Outlook Important Disclosures Appendix Three Months Ended Mar. 31, Three Months Ended Jun. 30, Three Months Ended Sept. 30, Three Months Ended Dec. 31, Twelve Months Ended Dec. 31, Three Months Ended Mar. 31, Three Months Ended Jun. 30, Three Months Ended Sept. 30, Three Months Ended Dec. 31, Twelve Months Ended Dec. 31, Three Months Ended Mar. 31, Three Months Ended Jun. 30, CASH FLOWS FROM OPERATING ACTIVITIES $(451) $(67) $(73) $1,289 $698 $(538) $(180) $2 $1,512 $796 $(718) $98 CAPEX $(318) $(316) $(278) $(276) $(1,188) $(259) $(207) $(183) $(177) $(826) $(175) $(167) INSURANCE RECOVERIES FOR DAMAGED PPE - $37 $11 $14 $62 - - - - - - - FREE CASH FLOW $(769) $(346) $(340) $1,027 $(428) $(797) $(387) $(181) $1,335 $(30) $(893) $(69) CASH FLOWS FROM INVESTING ACTIVITIES $(231) $(257) $(271) $(246) $(1,005) $432 $405 $(174) $334 $997 $(174) $(165) CASH FLOWS FROM FINANCING ACTIVITIES $661 $235 $419 $(1,090) $225 $211 $(318) $199 $(1,862) $(1,770) $820 $200 As of Mar. 31, As of Jun. 30, As of Sept. 30, As of Dec. 31, As of Mar. 31, As of Jun. 30, As of Sept. 30, As of Dec. 31, As of Mar. 31, As of Jun. 30, BALANCE SHEET NET DEBT $7,373 $7,687 $8,123 $6,972 $7,136 $7,051 $7,246 $5,397 $6,262 $6,329 ACCOUNTS RECEIVABLE $3,033 $3,043 $3,380 $2,482 $2,942 $3,016 $3,177 $2,341 $2,602 $2,728 INVENTORIES $3,797 $4,009 $3,772 $3,554 $3,905 $4,028 $3,952 $3,572 $3,863 $3,916 ACCOUNTS PAYABLE - TRADE $(4,259) $(4,219) $(4,089) $(4,092) $(4,182) $(4,010) $(3,944) $(3,879) $(3,754) $(3,878) WORKING CAPITAL $2,571 $2,833 $3,063 $1,944 $2,665 $3,034 $3,185 $2,034 $2,711 $2,766 2026 202620252024 2024 2025
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P.32 END NOTES 1 Segment Operating Income (SOI) results 2026 versus 2025: (a) Chemical and Dunlop brand sales impact includes stranded cost, new third-party raw material sourcing and the Dunlop off-take agreement; (b) Raw materials variance excludes raw material cost saving measures; (c) Goodyear Forward includes cost actions and margin expansion and excludes Goodyear Forward fees; (d) Estimated impact of general inflat ion (wages, utilities, energy, transportation and other); (e) Includes earnings from other-tire related businesses, advertising, compensation costs, and foreign currency translation 2 2026 SOI and Other Financial Assumptions: (a) Except as otherwise noted, excludes impacts related to divestitures as part of Goodyear Forward; (b) Includes commodity and foreign exchange spot rates; (c) Excludes one-time charges and benefits from pension settlements and curtailments; (d) Excludes one-time items; (e) Excludes accelerated depreciation and lease costs, amortization or other asset wr ite-offs associated with rationalization plans; (f) Excludes direct benefit payments 3 Debt maturity schedule is based on June 30, 2026 balance sheet values and excludes notes payable, finance and operating lease s and other domestic and foreign debt: (a) At June 30, 2026, there were $205 million (€180 million) of borrowings outstanding under the G erman tranche, no borrowings outstanding under the all-borrower tranche and no letters of credit issued under the €800 million European revolvi ng credit facility; (b) At June 30, 2026, there were $157 million of borrowings outstanding and $1 million of letters of credit issued under the $2.75 billion U.S. revolving credit facility; (c) At June 30, 2026, the amounts available and utilized under the Pan-European Securitization program totaled $244 million (€214 million) and the designated maximum amount of the facility was $342 million (€300 million) 4 (a) Working capital represents accounts receivable and inventories, less accounts payable – trade 5 (a) Other includes amortization and write-off of debt issuance costs, net pension curtailments and settlements, net rationalization charges, operating lease expense and payments, compensation and benefits less pension expense, deferred revenue and income from asset sales, other current liabilities and other assets and liabilities Highlights Financial Results SBU Results Outlook Important Disclosures Appendix