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Sensata Third Quarter 2025 Earnings Presentation October 2025
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2 | Sensata Proprietary Information. Strictly Confidential. SENSATA Q3-2025 EARNINGS PRESENTATION2 Forward-Looking Statements and Non-GAAP Measures Safe Harbor Statement This presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as "may," "will," "could," "should," "expect," "anticipate," "believe," "estimate," "predict," "project," "forecast," "continue," "intend," "plan," "potential," "opportunity," "guidance," and similar terms or phrases. Forward-looking statements involve, among other things, expectations, projections, and assumptions about future financial and operating results, objectives, business and market outlook, megatrends, priorities, growth, shareholder value, capital expenditures, cash flows, demand for products and services, share repurchases, and Sensata’s strategic initiatives, including those relating to acquisitions and dispositions and the impact of such transactions on our strategic and operational plans and financial results. These statements are subject to risks, uncertainties, and other important factors relating to our operations and business environment, and we can give no assurances that these forward-looking statements will prove to be correct. A wide variety of potential risks, uncertainties, and other factors could materially affect our ability to achieve the results either expressed or implied by these forward- looking statements, including, but not limited to, risks related to instability and changes in the global markets, supplier interruption or non-performance, changes in trade-related tariffs and risks with uncertain trade environments, the acquisition or disposition of businesses, adverse conditions or competition in the industries upon which we are dependent, intellectual property, product liability, warranty, and recall claims, public health crisis, market acceptance of new product introductions and product innovations, labor disruptions or increased labor costs, changes in existing environmental or safety laws, regulations, and programs, and the impact of our recently reported cybersecurity incident or other incidents that may occur in the future. Investors and others should carefully consider the foregoing factors and other uncertainties, risks, and potential events including, but not limited to, those described in Item 1A: Risk Factors in our most recent Annual Report on Form 10-K and as may be updated from time to time in Item 1A: Risk Factors in our quarterly reports on Form 10-Q or other subsequent filings with the United States ("U.S.") Securities and Exchange Commission (the "SEC"). All such forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update these statements other than as required by law. Non-GAAP Financial Measures Where we have used non-GAAP financial measures, reconciliations to the most comparable GAAP measures are provided, along with a disclosure on the usefulness of the non-GAAP measure, at the back of this presentation as well as in the “Investor Relations” section of the Company’s website, www.investors.sensata.com.
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33 Operational Excellence: Exceeded expectations across all key financial metrics, delivering adjusted operating margins of 19.3% Capital Allocation: Reduced net leverage to 2.9x, driven by robust Free Cash Flow of $136.2 million at a 105% conversion rate Growth: Both reporting segments delivered Y/Y organic growth, as early results from new business wins drove end market outgrowth Q3-2025 Highlights SENSATA Q3-2025 EARNINGS PRESENTATION Our focused execution against the key pillars of our transformation drove exceptionally strong results in the third quarter, with all key metrics exceeding our expectations. In addition to delivering today, we are laying the foundation to drive long-term shareholder value by continuing to improve financial performance while further strengthening our balance sheet with improved cash generation and disciplined deleveraging. Stephan von Schuckmann, Chief Executive Officer Operational Excellence Capital Allocation Optimization Return to Growth Our 3 key pillars
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4 We continue to make incremental improvements in free cash flow conversion as we focus on working capital efficiency and CapEx rationalization Period Q1 Q2 Q3 Q3 YTD FY23 43% 44% 64% 50% FY24 48% 71% 68% 62% FY25 74% 91% 105% 91% Historical Free Cash Flow Conversion1,2 2015 2016 2017 2018 2019 2021 2022 2023 2024 Q3 YTD 25 $356 $391 $413 $461 $458 $410 $311 $272 $393 $338 xx Free Cash Flow ($M) Working capital discipline puts us on track for record free cash flow conversion 1) 2020 not included due to atypical result impacted by the pandemic 2) Prior period Free Cash Flow Conversion calculations have been recast to reflect exclusion of Other Income/Expense from Adjusted Net Income
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5 We are strengthening our team with proven, results-driven leaders Nicolas Bardot Chief Operations Officer Effective November 1, 2025 >20 years of operations leadership experience with global scale Patrick Hertzke Chief Growth & Transformation Officer Effective September 1, 2025 Industry expertise and proven track record in driving transformation Jackie Chen EVP, President of Sensata China Effective January 1, 2026 Driving business localization and winning market share
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6 Value Proposition: • Future proof: supports current and next generation configurations • Safer, more efficient charging and driving • Up to 50% reduction in component count and cost vs. existing solutions Intelligent, switchable solution for next generation EVs Enables 400V and 800V battery configuration, allowing EVs to charge across legacy and next-gen infrastructure We are unlocking future growth through product innovation – winning business today and securing our future EV Charging Innovation Excellence Award finalist at the 2025 NA Battery Show • Secured A2L sensing market leadership by closing long term contracts with two major OEMs • $100M+ revenue run-rate potential at scale in US market (additional opportunity globally) HVAC & Industrial A2L Gas Leak Sensor • Secured business with 2 OEMs in China • Growing interest in other regions Auto & HVOR Tire Burst Detection High Efficiency Contactor
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Q3-2025 FINANCIALS AND Q4-2025 FINANCIAL GUIDE
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88 $0.89 Adj. EPS $932M Revenue • FCF conversion up ~37 percentage points Y/Y, up ~14 percentage points vs. Q2 ‘25 • 91% YTD FCF conversion, up ~29 percentage points Y/Y $136M FCF • ~30 bps margin expansion sequentially from Q2 ‘25 • 19.5% excl. tariff pass- through revenue • Margin up ~10 bps vs. Q3 ‘24 on reported basis, up ~30 bps Y/Y excl. tariff pass- through 19.3% Adj. Op. Margin Free Cash Flow conversion of 105% - up 37 percentage points Y/Y in Q3 Strong Q3 results demonstrate our ability to deliver margin expansion and increase free cash flow +$.02 above high end of guidance +$2M above high end of guidance 105% Conversion+10 bps above high end of guidance SENSATA Q3-2025 EARNINGS PRESENTATION • +3% Organic growth Y/Y • Seasonally lower than Q2 by ~1%, as expected • ~5% decrease vs. Q3 ‘24, primarily due to divestitures and product lifecycle management • Increased 2 cents sequentially vs. Q2 ‘25, despite seasonally lower revenues • Flat Y/Y on 5% lower revenues
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99 $0.12 Dividend per share Deleveraging remains our capital allocation priority Our capital allocation strategy is creating value as ROIC and net leverage improve • Repurchased approximately 4.2M shares in H1 '25 • Shifted capital allocation strategy towards deleveraging in H2 '25 • $17.5M of cash returned to shareholders in Q3 and $52.9M YTD Improved from 3.0x As of June 30, 2025 Prioritizing deleveraging Sustaining Dividend Up ~20 bps Y/Y Vs. Q3 2024 • Driving early progress on deleveraging objective *Net leverage ratio is calculated using trailing twelve months adjusted EBITDA • ROIC improves on balanced capital allocation strategy SENSATA Q3-2025 EARNINGS PRESENTATION 2.9 X Net leverage ratio* $121M YTD share repurchases 10.2% ROIC
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10 Performance Sensing Net Revenue grew organically Y/Y, as market outgrowth in Auto and HVOR offset lower on-road truck production Sensing Solutions Net Revenue grew for the third consecutive quarter, supported by growth in A2L leak detection and Aerospace Other reflects divestiture of Insights business on 9/30/2024 (1) Beginning in Q1 2025 we realigned our definition of segment operating income to include certain costs for developing new and emerging technologies, referred to as "megatrend expenses," which were previously presented within our Corporate & Other expenses. Prior periods have been recast to conform to the current presentation. (2) The Insights business reported in "Other" was sold as of September 30, 2024. n.m. = not meaningful Revenue Growth Segment $ in millions Q3-2025 Q3-2024 Y/Y B/(W) Reported Organic Performance Sensing(1) Net Revenue $656.9 $659.7 $(2.7) (0.4) % 3.6 % Adj. Operating Income $155.6 $145.7 $10.0 % Revenue 23.7 % 22.1 % 1.6 % Sensing Solutions(1) Net Revenue $275.0 $274.4 $0.7 0.2 % 2.5 % Adj. Operating Income $85.1 $80.8 $4.3 % Revenue 30.9 % 29.4 % 1.5 % Other(2) Net Revenue $0.0 $48.8 $(48.8) Adj. Operating Income $0.0 $12.1 $(12.1) % Revenue — % 24.7 % n.m. Corporate & other(1) Operating Expenses $100.1 $102.3 $2.2 % Revenue 10.7 % 10.4 % (0.3) % Adj. Operating Expenses $61.1 $49.0 $(12.1) % Revenue 6.6 % 5.0 % (1.6) % Q3-2025 Segment Performance SENSATA Q3-2025 EARNINGS PRESENTATION
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11 Return to outgrowth in Q3 & Q4 2025 • Global LVP resilient through Q3, but expected to fall ~3% Y/Y in Q4 • Europe expected to soften in Q4 as reflected in recent production cuts • Q3 '25 outgrowth ~1% We are returning to market outgrowth in the second half of 2025 11 Consistent market outgrowth Market growth amplifies performance • Commercial & defense markets growing low to mid single digits • After-market demand strong due to extended engine service lives • Q3 growth of ~2% approx. in-line with market Outgrowth in soft end market • Maintaining cautious outlook due to slow housing market and potential tariff escalation • Residential HVAC challenges vary by OEM • Q3 '25 Outgrowth ~1%, driven by A2L leak detection Sensing Solutions Aerospace Industrial Return to outgrowth, end markets mixed Continued outgrowth; NA On-Road weak • FY North America Truck Production expected -24% Y/Y; Q4 -20% Y/Y • Europe On-Road expected to fall 4% Y/Y in Q4 after strong growth in Q3 • Global Off-road to stabilize in Q4 following Q3 weakness; FY outlook ~flat Y/Y • Q3 '25 outgrowth ~5% Performance Sensing Automotive HVOR SENSATA Q3-2025 EARNINGS PRESENTATION
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12 Sensata has a global footprint with a flexible in-region, for-region production model Global and Flexible Footprint Multiple sites across Mexico and the US for the North America market EU and UK manufacturing primarily for the Europe market China manufacturing primarily for the China market Malaysia manufacturing primarily for the Asia market 2024 Regional Revenue Mix* Of Sensata's Global Revenue: • approx. 38% is derived from the US market *excluding divested products and Insights 2024 US Revenue Production* Of Sensata’s US Revenue: • approx. 70% is sourced from Mexico (>80% USMCA qualified and tariff exempt) • approx. 7% is US- sourced and tariff exempt SENSATA Q3-2025 EARNINGS PRESENTATION Global Tariff Implications ~$12M of expected pass- through revenue fully mitigates these costs based on trade policies in place as of October 28, 2025
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13 $ in millions, except EPS Q4-25 GUIDANCE Q3-25 B/(W) Revenue $890 – $920 $932 (5) % – (1) % Adj. Op Income Adj. Operating Margin $172 – $179 19.3 % - 19.5 % $180 19.3 % (4) % – 0 % 0 bps - 20 bps Adj. Net Income $121 – $127 $130 (7) % – (2) % Adj. EPS $0.83 – $0.87 $0.89 (7) % – (2) % • At the mid-point of our guide, Revenue includes approximately $12 million related to expected tariff recovery from customers. • Adjusted Operating Income, Adjusted Net Income, and Adjusted EPS are not expected to be impacted by tariffs as $12 million of expected tariff costs would be offset by $12 million in expected pass-through revenue. • Adjusted Operating Margin, excluding the dilutive impact of tariff revenue and related expense, is expected to be in the range of 19.5% - 19.7%. The tariff expectations included in guidance reflect trade policies in effect as of October 28, 2025. Revenue expected to decrease slightly from Q3 to Q4 due to soft HVOR end markets and regional seasonality in Autos Adjusted Operating Income in line with slightly lower revenue Adjusted Operating Margin up sequentially as productivity accelerates Adjusted EPS in line with sequentially lower revenue Adjusted Operating Margins expected to expand sequentially again in Q4 Q4-2025 Financial Guidance SENSATA Q3-2025 EARNINGS PRESENTATION
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APPENDIX A: OTHER FINANCIAL INFORMATION
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15 | Sensata Proprietary Information. Strictly Confidential. SENSATA Q3-2025 EARNINGS PRESENTATION15 Q3-2025 GAAP Results $ and shares outstanding in millions, except EPS Q3-2025 Q3-2024 B/(W) Revenue $932.0 $982.8 (5.2) % Gross Profit $259.4 $281.4 (7.8) %(% of revenue) 27.8 % 28.6 % R&D $33.0 $42.7 22.6 %(% of revenue) 3.5 % 4.3 % SG&A $85.8 $102.5 16.3 %(% of revenue) 9.2 % 10.4 % Amortization of Intangibles $19.6 $44.7 56.2 %(% of revenue) 2.1 % 4.6 % Goodwill impairment charge $225.7 $150.1 (50.4) %(% of revenue) 24.2 % 15.3 % Restructuring and Other $18.2 $140.6 87.1 %(% of revenue) 1.9 % 14.3 % Operating loss $(122.9) ($199.2) 38.3 %(% of revenue) (13.2) % (20.3) % Tax Rate (9.5) % 89.8 % n.m. Net loss $(162.5) ($25.0) n.m.(% of revenue) (17.4) % (2.5) % Diluted EPS ($1.12) ($0.17) n.m. Diluted Shares Outstanding 145.7 150.7 5.1 n.m. = "not meaningful"
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16 | Sensata Proprietary Information. Strictly Confidential. SENSATA Q3-2025 EARNINGS PRESENTATION16 Q3-2025 Adj. Operating Results $ and shares outstanding in millions, except EPS Q3-2025 Q3-2024 B/(W) Revenue $932.0 $982.8 (5.2) % Adj. Gross Profit $293.8 $312.1 (5.9) % % Revenue 31.5 % 31.8 % R&D $33.0 $42.7 22.6 % % Revenue 3.5 % 4.3 % Adj. SG&A $81.1 $79.9 (1.5) % % Revenue 8.7 % 8.1 % Adj. Operating Income $179.6 $188.4 (4.6) % % Revenue 19.3 % 19.2 % Adj Tax Rate(1) 12.7 % 14.1 % 140 bps Adj. Net Income $129.6 $134.6 (3.7) % % Revenue 13.9 % 13.7 % Adj. EPS $0.89 $0.89 — % Diluted Shares Outstanding 145.7 150.7 5.1 (1) Adjusted tax rate expressed as a % of adjusted profit before tax. Adjusted tax rate expressed as a % of adjusted EBIT was 10.5% and 11.7% in Q3-2025 and Q3-2024, respectively.
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17 | Sensata Proprietary Information. Strictly Confidential. SENSATA Q3-2025 EARNINGS PRESENTATION17 Q3-2025 Cash Flow Statement $ in millions Q3-2025 Q3-2024 B/(W) Net loss ($162.5) ($25.0) n.m. Depreciation & Amortization $73.0 $78.4 (7.0) % Changes in Working Capital $13.7 $30.8 (55.6) % Other $235.8 $46.7 n.m. Operating Cash Flow $159.9 $130.9 22.1 % Capital Expenditures ($23.6) ($39.6) 40.3 % Free Cash Flow $136.2 $91.3 49.2 % % Conversion (of Adj. Net Income) 105% 68% +37 percentage pts. Changes recalculated based on unrounded numbers. Certain amounts may not appear to sum due to rounding. n.m. = "not meaningful"
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18 | Sensata Proprietary Information. Strictly Confidential. SENSATA Q3-2025 EARNINGS PRESENTATION18 Balance Sheet $ in millions SEP 30, 2025 DEC 31, 2024 Total Assets $7,070.0 $7,143.3 Working Capital $1,513.9 $1,315.9 Intangibles, Net & Other Long-Term Assets $4,761.7 $5,116.0 $ in millions SEP 30, 2025 DEC 31, 2024 Cash & Equivalents $791.3 $593.7 Current Debt $2.2 $2.4 Net Cash $789.1 $591.3
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APPENDIX B: GAAP TO NON-GAAP RECONCILIATIONS
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20 | Sensata Proprietary Information. Strictly Confidential. SENSATA Q3-2025 EARNINGS PRESENTATION20 We supplement the reporting of our financial information determined in accordance with U.S. generally accepted accounting principles (“GAAP”) with certain non-GAAP financial measures. We use these non-GAAP financial measures internally to make operating and strategic decisions, including the preparation of our annual operating plan, evaluation of our overall business performance, and as a factor in determining compensation for certain employees. We believe presenting non-GAAP financial measures is useful for period-over-period comparisons of underlying business trends and our ongoing business performance. We also believe presenting these non-GAAP measures provides additional transparency into how management evaluates the business. Non-GAAP financial measures should be considered as supplemental in nature and are not intended to be considered in isolation from, or as an alternative to, the related financial information prepared in accordance with U.S. GAAP. In addition, our non-GAAP financial measures may not be the same as, or comparable to, similar non-GAAP measures presented by other companies. Within this presentation we may refer to the below measures which are not determined in accordance with U.S. GAAP (i.e., non-GAAP measures). Reconciliations of each non-GAAP measure to the most directly comparable U.S. GAAP financial measure are included within this Appendix. Adjusted Net income (“ANI”) – is defined as net income (or loss), determined in accordance with U.S. GAAP, excluding certain non-GAAP adjustments including: a. Restructuring related and other - includes net charges related to certain restructuring and other exit activities, other costs (or income) that we believe are either unique or unusual to the identified reporting period, and the impact of commodity forward contacts that we believe impact comparisons to prior period operating results. Such costs include charges related to optimization of our manufacturing processes to increase productivity. This type of activity occurs periodically; however, each action is unique, discrete, and driven by various facts and circumstances. Such amounts are excluded from internal financial statements and analyses that management uses in connection with financial planning and in its review and assessment of our operating and financial performance, including the performance of our segments. b. Financing and other transaction costs – includes costs incurred, such as legal, accounting, and other professional services, that are directly related to an acquisition, divestiture, or equity financing transaction, expenses related to compensation arrangements entered into concurrent with the closing of an acquisition, adjustments related to changes in the fair value of acquisition-related contingent consideration amounts, and historical adjustments to exclude step-up depreciation in our non-GAAP measures. Beginning with the three months ended December 31, 2024, we discontinued the use of adjustments to exclude step-up depreciation in our non-GAAP measures. Prior periods have not been recast. c. Amortization of intangible assets – includes amortization of intangible assets. Beginning with the three months ended December 31, 2024, we started adjusting operating income and net income to exclude the amortization of all our intangible assets. Prior periods have not been recast. d. Other, net – includes expenses (or income) recorded within Other, net on our condensed consolidated statements of operations. Beginning with the three months ended March 31, 2025, we started adjusting net income to exclude the impacts of these losses (or gains). Prior periods have been recast. e. Deferred taxes and other tax related –includes adjustments for deferred taxes and other timing differences including, but not limited to, book-to-tax basis differences on the fair value of intangible assets and goodwill, the utilization of net operating losses, and adjustments to our valuation allowance in connection with certain transactions and tax law changes. Other tax related items include certain adjustments to unrecognized tax benefits and withholding tax on repatriation of foreign earnings. f. Amortization of debt issuance costs - represents interest expense related to the amortization of deferred financing costs as well as debt discounts, net of premiums. g. Where applicable, the current tax effect of non-GAAP adjustments. Adjusted EPS – is calculated by dividing ANI by the number of diluted weighted-average ordinary shares outstanding in the period. Adjusted Operating Income – is defined as operating income (or loss), determined in accordance with U.S. GAAP, adjusted to exclude the following non-GAAP items, if applicable: (1) restructuring related and other, (2) financing and other transaction costs, and (3) amortization of intangible assets. Refer to the definition of ANI for additional information regarding the nature of these non-GAAP adjustments. Adjusted Operating Margin – is calculated by dividing adjusted operating income (or loss) by net revenue. We believe that ANI, Adjusted EPS, Adjusted Operating Income, and Adjusted Operating Margin are useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. Non-GAAP Measures
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21 | Sensata Proprietary Information. Strictly Confidential. SENSATA Q3-2025 EARNINGS PRESENTATION21 Non-GAAP Measures – continued Free Cash Flow – is defined as net cash provided by operating activities less additions to property, plant and equipment and capitalized software. Free cash flow conversion is defined as Free cash flow divided by Adjusted net income. We believe free cash flow is useful to management and investors as a measure of cash generated by business operations that will be used to repay scheduled debt maturities and can be used to, among other things, fund acquisitions, repurchase ordinary shares, or accelerate the repayment of debt obligations. Organic or Constant Currency Measures – in discussing trends in the Company’s performance, we may refer to the percentage change of certain GAAP or non-GAAP financial measures in one period versus another, calculated on either a reported, constant currency, or organic basis. Changes calculated on a constant currency basis are determined by stating revenues and expenses at prior period foreign currency exchange rates and excludes the impact of foreign currency exchange rates on all hedges and, as applicable, net monetary assets. Changes calculated on an organic basis exclude the period-over-period impact of foreign exchange rate differences as well as the net impact of material acquisitions and divestitures and product life-cycle management for the 12-month period following the respective transaction date(s). We believe that these measures are useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. Adjusted EBITDA – is defined as net income (or loss), determined in accordance with U.S. GAAP, excluding interest expense, interest income, and provision for (or benefit from) income taxes, depreciation expense, amortization of intangible assets, and the following non-GAAP adjustments, if applicable: (1) restructuring related and other, (2) financing and other transaction costs, and (3) other, net. Refer to definition of ANI for additional information regarding the nature of these non-GAAP adjustments. Gross Leverage Ratio – is defined as gross debt (total debt and finance lease obligations) divided by last twelve months ("LTM") adjusted EBITDA. We believe that gross leverage ratio is a useful measure to management and investors in understanding trends in our overall financial condition. Net Debt – is defined as gross debt less cash and cash equivalents. We believe net debt is a useful measure to management and investors in understanding trends in our overall financial condition. Net Leverage Ratio – is defined as net debt divided by LTM adjusted EBITDA. We believe that the net leverage ratio is a useful measure to management and investors in understanding trends in our overall financial condition. ROIC – is defined as a percentage calculated by dividing adjusted EBIT minus adjusted taxes by total invested capital, which is the average trailing five quarter sum of shareholders' equity, gross long-term debt, net deferred tax liabilities (assets), and the long-term portion of our finance lease and other financing obligations. We believe ROIC is a useful measure to investors and management in understanding how well we use our capital to generate returns. Adjusted Taxes & Adjusted Tax Rate – adjusted taxes represents the provision for/(benefit from) income taxes, determined in accordance with U.S. GAAP, adjusted to exclude deferred taxes and other tax related items as well as the current tax effect of other non-GAAP adjustments (refer also to definition of ANI). The adjusted tax rate is calculated as adjusted taxes divided by adjusted income before taxes.
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22 | Sensata Proprietary Information. Strictly Confidential. SENSATA Q3-2025 EARNINGS PRESENTATION22 Adjusted EBITDA In thousands Period Total Sensata LTM Q3-2025 Q2-2025 Q1-2025 Q4-2024 Q3-2024 Net (loss)/income $ (26,149) $ (162,523) $ 60,668 $ 69,919 $ 5,787 $ (25,034) Interest expense, net 136,107 32,402 33,212 33,683 36,810 33,085 Provision for/(benefit from) income taxes 109,338 14,096 45,112 20,722 29,408 (219,572) Depreciation expense 194,076 53,353 33,338 40,962 66,423 33,696 Amortization of intangible assets 84,774 19,601 21,184 20,577 23,412 44,732 Earnings before interest, taxes, depreciation, and amortization ("EBITDA") 498,146 (43,071) 193,514 185,863 161,840 (133,093) Non-GAAP adjustments: Restructuring related and other 320,968 247,006 15,965 11,028 46,969 211,919 Financing and other transaction costs 18,378 15,022 3,574 5,442 (5,660) 131,913 Other, net (8,162) (6,863) (930) (2,128) 1,759 12,294 Adjusted EBITDA $ 829,330 $ 212,094 $ 212,123 $ 200,205 $ 204,908 $ 223,033
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23 | Sensata Proprietary Information. Strictly Confidential. SENSATA Q3-2025 EARNINGS PRESENTATION23 Organic Revenue Growth Q3-2025 Reported % Change Less: FX Impact Constant Currency % Change Less: Acquisition & Divestitures, net Organic Growth Performance Sensing (0.4) % 1.0 % (1.4) % (5.0) % 3.6 % Sensing Solutions 0.2 % 0.5 % (0.3) % (2.8) % 2.5 % Other (100.0) % — % (100.0) % (100.0) % — % Sensata Total (5.2) % 0.8 % (6.0) % (9.1) % 3.1 % Q3 YTD 2025 Reported % Change Less: FX Impact Constant Currency % Change Less: Acquisition & Divestitures, net Organic Growth/ (Decline) Performance Sensing (6.5) % 0.5 % (7.0) % (3.4) % (3.6) % Sensing Solutions 3.3 % 0.1 % 3.2 % (2.4) % 5.6 % Other (100.0) % — % (100.0) % (100.0) % — % Sensata Total (7.9) % 0.4 % (8.3) % (7.3) % (1.0) %
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24 | Sensata Proprietary Information. Strictly Confidential. SENSATA Q3-2025 EARNINGS PRESENTATION24 Free Cash Flow $ in thousands Q3 Q3 YTD Total Sensata 2025 2024 Change 2025 2024 Change Net cash provided by operating activities $ 159,868 $ 130,891 22.1 % $ 419,971 $ 380,834 10.3 % Additions to property, plant and equipment and capitalized software (23,626) (39,571) 40.3 % (81,586) (126,759) 35.6 % Free cash flow $ 136,242 $ 91,320 49.2 % $ 338,385 $ 254,075 33.2 %
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25 | Sensata Proprietary Information. Strictly Confidential. SENSATA Q3-2025 EARNINGS PRESENTATION25 Debt and Leverage Ratio (Gross and Net) $ in thousands As of Total Sensata 9/30/2025 6/30/2025 3/31/2025 12/31/2024 9/30/2024 Current portion of long-term debt and finance lease obligations $ 2,234 $ 2,156 $ 2,130 $ 2,414 $ 2,076 Finance lease obligations, less current portion 19,596 19,968 20,627 20,984 21,702 Long-term debt, net 3,181,373 3,178,457 3,177,278 3,176,098 3,174,354 Total debt and finance lease obligations 3,203,203 3,200,581 3,200,035 3,199,496 3,198,132 Less: Premium/(discount), net 821 880 939 997 797 Less: Deferred financing costs (19,448) (22,423) (23,661) (24,899) (26,443) Gross debt $ 3,221,830 $ 3,222,124 $ 3,222,757 $ 3,223,398 $ 3,223,778 Adjusted EBITDA (LTM) $ 829,330 $ 840,269 $ 859,835 $ 882,830 $ 899,083 Gross leverage ratio 3.9 3.8 3.7 3.7 3.6 Total gross indebtedness $ 3,221,830 $ 3,222,124 $ 3,222,757 $ 3,223,398 $ 3,223,778 Less: Cash and cash equivalents 791,347 661,777 588,139 593,670 506,215 Net debt $ 2,430,483 $ 2,560,347 $ 2,634,618 $ 2,629,728 $ 2,717,563 Adjusted EBITDA (LTM) $ 829,330 $ 840,269 $ 859,835 $ 882,830 $ 899,083 Net leverage ratio 2.9 3.0 3.1 3.0 3.0
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26 | Sensata Proprietary Information. Strictly Confidential. SENSATA Q3-2025 EARNINGS PRESENTATION26 Adjusted Taxes and Adjusted Tax Rate $ in thousands Q3 Q3 YTD Total Sensata 2025 2024 2025 2024 Provision for/(benefit from) income taxes $ 14,096 $ (219,572) $ 79,930 $ (169,722) Non-GAAP adjustments: Deferred income tax and other tax expense/(benefit) (2,096) (239,221) 26,163 (233,775) Current tax effect of non-GAAP adjustments (2,603) (2,404) (2,152) (3,422) Adjusted taxes $ 18,795 $ 22,053 $ 55,919 $ 67,475 Adjusted income before taxes $ 148,415 $ 156,616 $ 429,483 $ 475,303 Adjusted tax rate 12.7 % 14.1 % 13.0 % 14.2 %
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27 | Sensata Proprietary Information. Strictly Confidential. SENSATA Q3-2025 EARNINGS PRESENTATION27 Adjusted Corporate and Other Expenses In thousands Q3 Q3 YTD Total Sensata 2025 2024 2025 2024 Corporate and other expenses $ (100,121) $ (102,304) $ (238,364) $ (244,022) Non-GAAP adjustments: Restructuring related and other 37,772 34,167 66,408 60,525 Financing and other transaction costs 1,285 19,187 2,642 24,594 Total adjustments 39,057 53,354 69,050 85,119 Adjusted corporate and other expenses $ (61,064) $ (48,950) $ (169,314) $ (158,903)
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28 | Sensata Proprietary Information. Strictly Confidential. SENSATA Q3-2025 EARNINGS PRESENTATION28 Other GAAP to non-GAAP Reconciliations $ in thousands (except EPS amounts) Q3-2025 Q3-2024 Total Sensata Operating (Loss)/ Income Operating Margin Net (Loss)/ Income EPS Operating (Loss)/ Income Operating Margin Net (Loss)/ Income EPS Reported (GAAP) $ (122,888) (13.2) % $ (162,523) $ (1.12) $ (199,227) (20.3) % $ (25,034) $ (0.17) Non-GAAP adjustments: Restructuring related and other 267,901 28.7 % 263,876 1.81 211,919 21.6 % 210,710 1.40 Financing and other transaction costs 15,022 1.6 % 15,022 0.10 132,159 13.4 % 131,647 0.87 Amortization of intangible assets 19,601 2.1 % 19,601 0.13 43,533 4.4 % 43,533 0.29 Amortization of debt issuance costs — — % 1,181 0.01 — — % 1,317 0.01 Other, net — — % (5,441) (0.04) — — % 11,611 0.08 Deferred income tax and other tax related — — % (2,096) (0.01) — — % (239,221) (1.59) Total adjustments 302,524 32.5 % 292,143 2.01 387,611 39.4 % 159,597 1.06 Adjusted (non-GAAP) $ 179,636 19.3 % $ 129,620 $ 0.89 $ 188,384 19.2 % $ 134,563 $ 0.89 $ in thousands (except EPS amounts) Q3 YTD 2025 Q3 YTD 2024 Total Sensata Operating Income Operating Margin Net (Loss)/ Income EPS Operating Income Operating Margin Net Income EPS Reported (GAAP) $ 137,370 4.9 % $ (31,936) $ (0.22) $ 75,512 2.5 % $ 122,690 $ 0.81 Non-GAAP adjustments: Restructuring related and other 302,470 10.9 % 299,391 2.04 240,640 8.0 % 238,222 1.58 Financing and transaction costs 24,038 0.9 % 24,101 0.16 139,476 4.6 % 137,787 0.91 Amortization of intangible assets 61,362 2.2 % 61,362 0.42 117,968 3.9 % 117,968 0.78 Amortization of debt issuance costs — — % 3,540 0.02 — — % 4,510 0.03 Other, net — — % (9,057) (0.06) — — % 20,426 0.14 Deferred income tax and other tax related — — % 26,163 0.18 — — % (233,775) (1.55) Total adjustments 387,870 13.9 % 405,500 2.76 498,084 16.5 % 285,138 1.89 Adjusted (non-GAAP) $ 525,240 18.8 % $ 373,564 $ 2.54 $ 573,596 19.0 % $ 407,828 $ 2.70