Slides
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EARNINGS PRESENTATION Q3 2026 November 5, 2026
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P.2 Q3 2026 OVERVIEW Overview Financial Results SBU Results Outlook Important Disclosures Appendix Third quarter results reflect challenging industry conditions, reinforcing the need for further STRUCTURAL IMPROVEMENT TO DRIVE PROFITABILITY AND CASH GENERATION Goodyear continues to IMPROVE PRODUCT MIX, OPTIMIZE OUR MANUFACTURING FOOTPRINT AND REDUCE STRUCTURAL COSTS to strengthen long-term earnings performance We are ACTIVELY DEVELOPING THE NEXT PHASE OF THE COMPANY’S TRANSFORMATION by evaluating opportunities across our operating model, manufacturing footprint and business portfolio to deliver consistent cash flow across the cycle
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P.3 Q3 2026 KEY METRICS TIRE UNITS 38.6 -3.3% YoY NET SALES $4,540 - 2.3% YoY SEGMENT OPERATING INCOME $174 SOI MARGIN 3.8% - 2.4 pts YoY FREE CASH FLOW ($283) -$102 YoY ADJUSTED EPS ($0.11) -$0.39 YoY - $113 YoY - $57 YoY - 1.4 pts YoY Excluding Chemical & Dunlop brand sales 1(a) Excluding Chemical & Dunlop brand sales 1(a) TERMS: UNITS & $ IN MILLIONS, EXCEPT PER SHARE AMOUNTS Overview Financial Results SBU Results Outlook Important Disclosures Appendix
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P.4 Q3 2026 SBU METRICS $510 + 1.8% YoY - 3.7% YoY $1,355 NET SALES $2,675 - 2.3% YoY SEGMENT OPERATING INCOME $96 - $110 YoY SOI MARGIN 3.6% AMERICAS - 3.9 pts YoY EMEAAPAC $12 - $18 YoY 0.9% - 1.2 pts YoY $66 + $15 YoY 12.9% + 2.7 pts YoY TERMS: $ IN MILLIONS Overview 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 Overview Financial Results SBU Results Outlook Important Disclosures Appendix 2026 2025 Change Tire Units 38.6 40.0 -3.3% Net Sales $ 4,540 $ 4,645 -2.3% Gross Margin 15.9% 18.2% -2.3 pts SAG 665 676 -1.6% SAG % to Sales 14.6% 14.6% - Segment Operating Income $ 174 $ 287 -$113 Segment Operating Margin 3.8% 6.2% -2.4 pts Goodyear Net Income (Loss) $ (238) $ (2,195) 89.2% Goodyear Net Income (Loss) Per Share Weighted Average Shares Outstanding 289 288 Basic Earnings Per Share $ (0.82) $ (7.62) Weighted Average Shares Outstanding - Diluted 289 288 Diluted Earnings Per Share $ (0.82) $ (7.62) Adjusted Earnings Per Share $ (0.11) $ 0.28 Three Months Ended September 30,
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P.7 SEGMENT OPERATING RESULTS THIRD QUARTER 2026 VERSUS 2025 TERMS: $ IN MILLIONS Overview Financial Results SBU Results Outlook Important Disclosures Appendix ($77) Total Volume Impact $76 Net P/M vs Raws $174 ($16) ($61) $105 ($29) ($69) ($29)Volume Unabsorbed Fixed Cost Price/Mix Raw Materials Other Costs Foreign Currency & Other $231 Q3 2025 SOI Excl. Asset Sales Q3 2026 SOI $90 Goodyear Forward 1(b) 1(e) 1(c) $287 Q3 2025 SOI ($40) Calculated Inflation (CPI) 1(d) Asset Sales ($56) ($8) Tariffs 1(a)
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P.8 BALANCE SHEET & CASH FLOW $7,246 CASH FLOW FROM OPERATING ACTIVITIES (GAAP)TOTAL DEBT $7,369 As of September 30, 2026 $8,056 As of September 30, 2025 $6,557 As of September 30, 2026 As of September 30, 2025 NET DEBT - $687 YoY - $689 YoY ($144) Three Months Ended September 30, 2026 $2 Three Months Ended September 30, 2025 ($283) Three Months Ended September 30, 2026 ($181) Three Months Ended September 30, 2025 FREE CASH FLOW (NON-GAAP) - $146 YoY - $102 YoY TERMS: $ IN MILLIONS Overview Financial Results SBU Results Outlook Important Disclosures Appendix
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SBU RESULTS
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P.10 AMERICAS Q3 2026 SBU RESULTS Net Sales 19.6 Flat YoY $2,675 - 2.3% YoY $96 - $110 YoY MarginIncomeTire Units 3.6% - 3.9 pts YoY TERMS: UNITS & $ IN MILLIONS Overview Financial Results SBU Results Outlook Important Disclosures Appendix Segment Operating Excluding Chemical asset sale 1(a) - $76 YoY - 3.0 pts YoY Total OE + 8.7% YoY Total Replacement - 2.2% YoY U.S. Industry Backdrop (YoY, sell-in) Goodyear Volumes (YoY) U.S. replacement industry sell-in contracted during the third quarter Goodyear Americas replacement volume reflects stabilization in consumer, driven by growth in ≥18” rim sizes growing faster than market, offset by continued pressure in commercial replacement Goodyear volume grew across both consumer and commercial OE, reflecting market share gains in each Replacement Consumer -1% Commercial -3% OE Consumer -7% Commercial +17% Commentary
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P.11 $1,355 EMEA Q3 2026 SBU RESULTS Net Sales 11.1 - 6.7% YoY - 3.7% YoY $12 - $18 YoY Segment Operating MarginIncomeTire Units 0.9% - 1.2 pts YoY TERMS: UNITS & $ IN MILLIONS Overview Financial Results SBU Results Outlook Important Disclosures Appendix Excluding Dunlop brand sale 1(a) + $5 YoY + 0.4 pts YoY Total OE + 5.5% YoY Total Replacement - 11.3% YoY EMEA Industry Backdrop (YoY, 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 11 consecutive quarter of market share gains Replacement Consumer -4% Commercial +3% OE Consumer -2% Commercial ~Flat Commentary
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P.12 12.9% ASIA PACIFIC Q3 2026 SBU RESULTS Net Sales 7.9 - 6.0% YoY $510 + 1.8% YoY $66 + $15 YoY Segment Operating MarginIncomeTire Units + 2.7 pts YoY TERMS: UNITS & $ IN MILLIONS Overview Financial Results SBU Results Outlook Important Disclosures Appendix Total OE - 3.9% YoY Total Replacement - 8.2% YoY Asia Industry Backdrop (YoY, sell-in) Goodyear Volumes (YoY) Rationalization of lower-tier consumer product offerings resulted in Goodyear replacement volume being lower than the industry Consumer replacement growth in ≥18” rim sizes drove margin expansion Consumer OE decrease was driven by lower OEM production in China Replacement Consumer +4% Commercial -1% OE Consumer -4% Commercial -5% 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 SOI 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. Overview Financial Results SBU Results Outlook Important Disclosures Appendix VOLUME Q4 global unit volumes down slightly YoY, but improving from YTD with new assortment wins and stabilizing market trends Q4 unabsorbed overhead ~$45 million headwind given Q3 volume PRICE/MIX Q4 ~$60 million benefit RAW MATERIALS 2(b) Q4 ~$170 million headwind GOODYEAR FORWARD Q4 ~$110 million benefit INFLATION & OTHER COSTS Q4 ~$110 million increase inclusive of ~$70 million core inflation, ~$40 million of higher transportation and other costs in excess of inflation DUNLOP & CHEMICAL SALES* Q4 ~$44 million impact NON-RECURRENCE OF 2025 INSURANCE PROCEEDS Q4 ~$56 million impact
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P.15 OTHER FINANCIAL ASSUMPTIONS 2(a) TERMS: UNITS & $ IN MILLIONS Overview 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 ~$210 million CASH TAXES 2(d) ~$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 ~$675 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; foreign currency translation and transactio n risks; our failure to comply with a material covenant in our debt obligations; potential adverse consequences of litigation involving the company; as well as the effects of more general factors such as changes in general market, economic or political conditions or in legislation, regulation or public p olicy. 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. Overview 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. Overview Financial Results SBU Results Outlook Important Disclosures Appendix
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APPENDIX
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P.20 NINE MONTHS 2026 KEY METRICS TIRE UNITS 109.1 -6.3% YoY NET SALES $12,671 - 5.2% YoY SEGMENT OPERATING INCOME $305 SOI MARGIN 2.4% - 2.4 pts YoY FREE CASH FLOW ($1,245) +$120 YoY ADJUSTED EPS ($1.11) -$1.19 YoY - $336 YoY - $199 YoY - 1.5 pts YoY Excluding Chemical & Dunlop brand sales 1(a) Excluding Chemical & Dunlop brand sales 1(a) TERMS: UNITS & $ IN MILLIONS, EXCEPT PER SHARE AMOUNTS Overview Financial Results SBU Results Outlook Important Disclosures Appendix
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P.21 SEGMENT OPERATING RESULTS NINE MONTHS 2026 VERSUS 2025 TERMS: $ IN MILLIONS Overview Financial Results SBU Results Outlook Important Disclosures Appendix ($368) Total Volume Impact $302 Net P/M vs Raws $305 ($137) ($231) $152 $150 ($172) ($38)Volume Unabsorbed Fixed Cost Price/Mix Raw Materials Other Costs Foreign Currency & Other $504 NINE MONTHS 2025 SOI Excl. Asset Sales NINE MONTHS 2026 SOI $292 Goodyear Forward 1(b) 1(e) 1(c) $641 NINE MONTHS 2025 SOI ($163) Calculated Inflation (CPI) 1(d) Asset Sales ($137) 1(a) ($52) Tariffs
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P.22 SIGNIFICANT MATURITIES AS OF SEPTEMBER 30, 2026 TERMS: $ IN MILLIONS Overview Financial Results SBU Results Outlook Important Disclosures Appendix Undrawn Credit Lines Funded Debt $818 $1,224 $850 $558 $2,878 $290 $2,692 $113 2026 2027 2028 2029 2030 ≥2031 (3a) (3b) (3c)
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P.23 SEGMENT OPERATING INCOME RECONCILIATION TERMS: $ IN MILLIONS Overview Financial Results SBU Results Outlook Important Disclosures Appendix 2026 2025 2026 2025 Total Segment Operating Income $ 174 $ 287 $ 305 $ 641 Less: Goodwill Impairment - 674 - 674 Rationalizations 148 21 281 161 Interest Expense 111 114 311 341 Other (Income) Expense 19 91 50 147 Net (Gain) Loss on Asset Sales (9) 1 (29) (700) Asset Write-Offs, Accelerated Depreciation, and Accelerated Lease Costs, net 71 55 87 142 Corporate Incentive Compensation Plans 9 8 40 44 Retained Expenses of Divested Operations 4 5 10 8 Other 32 51 107 121 Income (Loss) before Income Taxes $(211) $ (733) $ (552) $ (297) United States and Foreign Tax Expense 28 1,464 140 1,501 Less: Minority Shareholders' Net Income (Loss) (1) (2) (1) 28 Goodyear Net Income (Loss) $(238) $(2,195) $ (691) $(1,826) Net Sales $4,540 $ 4,645 $12,671 $ 13,363 Return on Net Sales (5.2)% (47.3)% (5.5)% (13.7)% Total Segment Operating Margin 3.8 % 6.2 % 2.4 % 4.8 % Three Months Ended September 30, Nine Months Ended September 30,
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P.24 RECONCILIATION OF TOTAL DEBT AND NET DEBT TERMS: $ IN MILLIONS Overview Financial Results SBU Results Outlook Important Disclosures Appendix September 30, June 30, December 31, September 30, 2026 2026 2025 2025 Accounts Receivable 3,081 2,728 2,341 3,177 Inventories 3,748 3,916 3,572 3,952 Accounts Payable — Trade (3,810) (3,878) (3,879) (3,944) Working Capital 4(a) $ 3,019 $ 2,766 $ 2,034 $ 3,185 Notes Payable and Overdrafts 349 359 506 573 Long Term Debt and Finance Leases due Within One Year 990 1,059 364 219 Long Term Debt and Finance Leases 6,030 5,772 5,328 7,264 Total Debt $ 7,369 $ 7,190 $ 6,198 $ 8,056 Less: Cash and Cash Equivalents 812 861 801 810 Net Debt $ 6,557 $ 6,329 $ 5,397 $ 7,246
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P.25 RECONCILIATION OF FREE CASH FLOW TERMS: $ IN MILLIONS Overview Financial Results SBU Results Outlook Important Disclosures Appendix 2026 2025 2026 2025 Net Income $ (239) $ (2,197) $ (692) $ (1,798) Depreciation and Amortization 257 269 731 813 Change in Working Capital (251) (141) (871) (1,210) Pension Expense 23 27 70 80 Pension Contributions and Direct Payments (12) (21) (34) (74) Goodwill Impairment 0 674 0 674 Provision for Deferred Income Taxes (2) 1,400 (10) 1,345 Rationalization Payments (38) (71) (161) (275) Net (Gain) Loss on Asset Sales (9) 1 (29) (700) Other 5(a) 127 61 232 429 Cash Flows from Operating Activities (GAAP) $ (144) $ 2 $ (764) $ (716) Capital Expenditures (139) (183) (481) (649) Free Cash Flow (non-GAAP) $ (283) $ (181) $ (1,245) $ (1,365) Cash Flows from Investing Activities (GAAP) $ (102) $ (174) $ (441) $ 663 Cash Flows from Financing Activities (GAAP) $ 151 $ 199 $ 1,171 $ 92 September 30, Three Months Ended Nine Months Ended September 30,
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P.26 RECONCILIATION OF ADJUSTED NET INCOME (LOSS) AND ADJUSTED DILUTED EARNINGS PER SHARE THIRD QUARTER 2026 TERMS: $ IN MILLIONS, EXCEPT PER SHARE AMOUNTS Overview Financial Results SBU Results Outlook Important Disclosures Appendix As Reported Rationalizations, Asset Write-offs, Accelerated Depreciation and Leases Colombia Labor Strike and Earthquake Indirect Tax Settlements and Discrete Tax Items Asset and Other Sales As Adjusted Net Sales $ 4,540 - - - - $ 4,540 Cost of Goods Sold 3,817 (70) (6) - - 3,741 Gross Margin 723 70 6 - - 799 SAG 665 (1) - - - 664 Rationalizations 148 (148) - - - - Interest Expense 111 - - - - 111 Other (Income) Expense 19 - - - - 19 Net (Gain) Loss on Asset Sales (9) - - - 9 - Pre-tax Income (Loss) (211) 219 6 - (9) 5 Taxes 28 4 - 7 (3) 36 Minority Interest (1) 1 - - - - Goodyear Net Income (Loss) $ (238) $ 214 $ 6 $ (7)$ (6)$ (31) EPS $ (0.82) $ 0.74 $ 0.02 $ (0.03)$ (0.02) $ (0.11)
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P.27 RECONCILIATION OF ADJUSTED NET INCOME (LOSS) AND ADJUSTED DILUTED EARNINGS PER SHARE THIRD QUARTER 2025 TERMS: $ IN MILLIONS, EXCEPT PER SHARE AMOUNTS Overview Financial Results SBU Results Outlook Important Disclosures Appendix As Reported Indirect Tax Settlements and Discrete Tax Items Goodwill Impairment Rationalizations, Asset Write-offs, Accelerated Depreciation and Leases Pension Settlement Charges Goodyear Forward and Other Transaction Costs Asset and Other Sales As Adjusted Net Sales $ 4,645 - - - - - - $ 4,645 Cost of Goods Sold 3,801 - - (52) - - - 3,749 Gross Margin 844 - - 52 - - - 896 SAG 676 - - (3) - (4) - 669 Goodwill Impairment 674 - (674) - - - - - Rationalizations 21 - - (21) - - - - Interest Expense 114 - - - - - - 114 Other (Income) Expense 91 - - - (68) (4) - 19 Net (Gain) Loss on Asset Sales 1 - - - - - (1) - Pre-tax Income (Loss) (733) - 674 76 68 8 1 94 Taxes 1,464 (1,450) - - - - - 14 Minority Interest (2) - - - - - - (2) Goodyear Net Income (Loss) $ (2,195) $ 1,450 $ 674 $ 76 $ 68 $ 8 $ 1 $ 82 EPS $ (7.62) $ 5.04 $ 2.34 $ 0.25 $ 0.24 $ 0.03 - $ 0.28
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P.28 RECONCILIATION OF ADJUSTED NET INCOME (LOSS) AND ADJUSTED DILUTED EARNINGS PER SHARE NINE MONTHS 2026 TERMS: $ IN MILLIONS, EXCEPT PER SHARE AMOUNTS Overview 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 and Earthquake Asset and Other Sales As Adjusted Net Sales $ 12,671 - - - - $ 12,671 Cost of Goods Sold 10,574 (85) (8) (13) - 10,468 Gross Margin 2,097 85 8 13 - 2,203 SAG 2,036 (2) - - - 2,034 Rationalizations 281 (281) - - - - Interest Expense 311 - - - - 311 Other (Income) Expense 50 - - - - 50 Net (Gain) Loss on Asset Sales (29) - - - 29 - Pre-tax Income (Loss) (552) 368 8 13 (29) (192) Taxes 140 13 (19) - (6) 128 Minority Interest (1) 1 - - - - Goodyear Net Income (Loss) $ (691)$ 354 $ 27 $ 13 $ (23) $ (320) EPS $ (2.39) $ 1.22 $ 0.09 $ 0.04 $ (0.07) $ (1.11)
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P.29 RECONCILIATION OF ADJUSTED NET INCOME (LOSS) AND ADJUSTED DILUTED EARNINGS PER SHARE NINE MONTHS 2025 TERMS: $ IN MILLIONS, EXCEPT PER SHARE AMOUNTS Overview Financial Results SBU Results Outlook Important Disclosures Appendix As Reported Indirect Tax Settlements and Discrete Tax Items Goodwill Impairment Rationalizations, Asset Write-offs, Accelerated Depreciation and Leases Pension Settlement Charges Goodyear Forward and Other Transaction Costs Asset and Other Sales As Adjusted Net Sales $ 13,363 - - - - - - $ 13,363 Cost of Goods Sold 11,019 - - (134) - - - 10,885 Gross Margin 2,344 - - 134 - - - 2,478 SAG 2,018 - - (8) - (9) - 2,001 Goodwill Impairment 674 - (674) - - - - - Rationalizations 161 - - (161) - - - - Interest Expense 341 - - - - - - 341 Other (Income) Expense 147 - - - (72) (10) - 65 Net (Gain) Loss on Asset Sales (700) - - - - - 700 - Pre-tax Income (Loss) (297) - 674 303 72 19 (700) 71 Taxes 1,501 (1,446) - 32 1 3 (46) 45 Minority Interest 28 - - 1 - - (26) 3 Goodyear Net Income (Loss) $ (1,826) $ 1,446 $ 674 $ 270 $ 71 $ 16 $ (628) $ 23 EPS $ (6.35) $ 5.03 $ 2.34 $ 0.94 $ 0.25 $ 0.06 $ (2.19) $ 0.08
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P.30 HISTORICAL KEY METRICS INCOME STATEMENT TERMS: UNITS & $ IN MILLIONS Overview Financial Results SBU Results Outlook Important Disclosures Appendix Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 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 19.6 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 11.1 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 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 38.6 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 $2,675 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 $1,355 ASIA PACIFIC $602 $594 $618 $606 $2,420 $474 $459 $501 $528 $1,962 $ 455 $ 496 $ 510 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 $4,540 SEGMENT OPERATING INCOME (LOSS) AMERICAS $179 $241 $251 $262 $933 $155 $141 $206 $233 $735 $ 37 $ (10) $ 96 EMEA $1 $30 $23 $38 $92 $(5) $(25) $30 $114 $114 $ 1 $ (17) $ 12 ASIA PACIFIC $60 $63 $72 $82 $277 $45 $43 $51 $69 $208 $ 57 $ 63 $ 66 2024 2025 2026
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P.31 HISTORICAL KEY METRICS BALANCE SHEET AND CASH FLOW TERMS: $ IN MILLIONS Overview 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, Three Months Ended Sept. 30, CASH FLOWS FROM OPERATING ACTIVITIES $(451) $(67) $(73) $1,289 $698 $(538) $(180) $2 $1,512 $796 $(718) $98 $(144) CAPEX $(318) $(316) $(278) $(276) $(1,188) $(259) $(207) $(183) $(177) $(826) $(175) $(167) $(139) 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) $(283) CASH FLOWS FROM INVESTING ACTIVITIES $(231) $(257) $(271) $(246) $(1,005) $432 $405 $(174) $334 $997 $(174) $(165) $(102) CASH FLOWS FROM FINANCING ACTIVITIES $661 $235 $419 $(1,090) $225 $211 $(318) $199 $(1,862) $(1,770) $820 $200 $151 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, As of Sept. 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 $6,557 ACCOUNTS RECEIVABLE $3,033 $3,043 $3,380 $2,482 $2,942 $3,016 $3,177 $2,341 $2,602 $2,728 $3,081 INVENTORIES $3,797 $4,009 $3,772 $3,554 $3,905 $4,028 $3,952 $3,572 $3,863 $3,916 $3,748 ACCOUNTS PAYABLE - TRADE $(4,259) $(4,219) $(4,089) $(4,092) $(4,182) $(4,010) $(3,944) $(3,879) $(3,754) $(3,878) $(3,810) WORKING CAPITAL $2,571 $2,833 $3,063 $1,944 $2,665 $3,034 $3,185 $2,034 $2,711 $2,766 $3,019 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 September 30, 2026 balance sheet values and excludes notes payable, finance and operating leases and other domestic and foreign debt: (a) At September 30, 2026, there were $204 million (€180 million) of borrowings outstanding under the German tranche, $415 million (€365 million) of borrowings outstanding under the all-borrower tranche and no letters of credit issued under the €800 million European revolving credit facility; (b) At September 30, 2026, our borrowing base was $270 million below the U.S . revolving credit facility’s stated amount of $2.75 billion; At September 30, 2026 there were $57 million of borrowings outstanding and $1 million of letters of credit issued; (c) At September 30, 2026, the amounts available and utilized under the Pan-European Securitization program totaled $228 million (€200 million) and the designated maximum amount of the facility was $341 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 Overview Financial Results SBU Results Outlook Important Disclosures Appendix