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1 | SENSATA Q3 2026 EARNINGS PRESENTATION Sensata Third Quarter 2026 Earnings Presentation October 27, 2026
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2 | SENSATA Q3 2026 EARNINGS PRESENTATION 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, trends, 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, variability in metals pricing, cybersecurity, adverse conditions or competition in the industries upon which we are dependent, intellectual property, product liability, warranty, and recall claims, public health crises, market acceptance of new product introductions and product innovations, labor disruptions or increased labor costs, and changes in existing environmental or safety laws, regulations, and programs. 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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BUSINESS UPDATE
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4 | SENSATA Q3 2026 EARNINGS PRESENTATION Our Q3 2026 results exceeded expectations “Our core business is stronger, and we have growing conviction in our ability to accelerate long- term organic growth. While I am encouraged by the value we have unlocked so far, I am even more excited about the opportunity ahead of us.” Stephan von Schuckmann Chief Executive Officer Revenue grew 8% Y/Y • 7% organic; 4% organic without termination revenue (1) • fifth consecutive quarter of Y/Y organic growth Adjusted Operating Margin of 21.5% • 19.5% w/o termination revenue is +20 bps Y/Y Adjusted EPS of $1.13 • up 27% Y/Y • $0.97 w/o termination revenue Generated $489M of FCF YTD • up 45% Y/Y • Conversion rate of 112% of Adjusted Net Income Net leverage improved to 2.1x LTM Adjusted EBITDA (1) “Termination revenue” refers to previously disclosed $24 million program termination revenue for a canceled electric vehi cle program
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5 | SENSATA Q3 2026 EARNINGS PRESENTATION We are unlocking value by improving cash conversion, reducing capital intensity , and strengthening our balance sheet Structurally improving FCF Accelerating cash generation Pre-transformation: ‘23-’24 average; Today: FY‘26 estimates Driving higher-quality returns Protecting our investments Accelerating value creation Strengthening our balance sheet Dec 31 '24 Sep 30 '26 Net Debt Market Cap. $6.7B Enterprise Value $7.9B Enterprise Value +48% growth $2.6B $4.1B $1.9B $6.0B Capital discipline Lowering capex through flexible line concepts and selective investment Stronger pricing execution Protecting margins by embedding pricing into program economics Preserving value Capturing canceled program termination revenue (1) Dec 31 ’24: $27.40 closing share price, 149.5M shares O/S Sep 30 ’26: closing share price $41.56; 145.5M shares O/S (1) Net Leverage: 3.0x 2.1x Cash Conversion Cycle Adjusted Net Interest Expense Capex % of Revenue FCF Conversion Pre-transformation Today ≥ 90 days < 80 days $139M ~$111M 4.3% ≤ 3.0% 62% > 100%
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6 | SENSATA Q3 2026 EARNINGS PRESENTATION We see multiple pathways to accelerate growth and create value High-Quality Organic Growth Multiple Pathways for Growth Sensing & Electrical Protection Technical differentiation Customer relationships Automotive pedigree and scale Aerospace in-flight credibility Expand core products into new markets Innovate and customize to solve complex problems Value creation through growth
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7 | SENSATA Q3 2026 EARNINGS PRESENTATION UAVs/drones See next slide Expansion Growth Pathway | we are expanding core products into attractive secular markets Proven Technology Original Application Expanded Application Capital-light Organic Growth Cross-market Technology Expansion Pressure & Temperature Sensors Motors & Actuators Contactors Exhaust Sensors Force Sensing Air-cooled HVAC systems & ICE vehicles Datacenter CDUs, EV thermal mgmt. systems HVAC: Heating, Ventilation and Air Conditioning; ICE: Internal Combustion Engine; CDUs: Coolant Distribution Units; UAVs: Unmanned Aerial Vehicles; EV: Electric Vehicle; BESS: Battery Energy Storage System; DC: Direct Current Medical equipment, industrial automation, energy Expanded TAM More markets per technology Higher certainty, capital-efficient organic growth Leveraging existing capabilities Greater resilience More diversified end market exposure Electric vehicles Data Centers: BESS, DC sidecars; commercial vehicles Passenger & commercial ICE vehicles Generator sets for on-site power generation Automotive braking & chassis control Future robotics opportunities
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8 | SENSATA Q3 2026 EARNINGS PRESENTATION UA Vs | we are expandingour motors and actuators products to next-gen. aerospace platforms Our motors and actuators address the demanding performance needs of next-gen. aerospace platforms Mission-optimized designs deliver superior torque density and efficiency vs. standard catalogue solutions Differentiated Solutions Mission- Critical High-Growth Opportunity Sensata has 50+ years of Aerospace & Defense pedigree with proven in-flight experience 2026 Win Rate Increased: ~2x vs. 2025 | ~3x vs. 2024 Record motors/actuators order growth Deliveries expected to ramp in 2028
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9 | SENSATA Q3 2026 EARNINGS PRESENTATION Innovation Growth Pathway | we are innovating to solve complex problems Automotive Industrials Aerospace, Defense, and Commercial Equipment Innovation Drivers Stricter emissions, autonomy and electrification Data centers, thermal management, energy Next-gen. aircraft flight controls, commercial vehicle electrification Custom- Tailored Solutions ICE Exhaust • Electrostatic Particulate Matter (ePM) Sensor* Vehicle Safety Systems • Brake Force Sensors* for brake-by- wire systems Battery & Hybrid Electric Vehicles • Active + Passive Pyrofuse* • FaultBreakTM Contactor • STEV Series high voltage contactors HVAC Systems • Refrigerant leak detection system for A2L • Advanced protocol for pressure sensor outputs • Miniature electrical protection Data Center – Electrical Protection • Insulation monitoring systems • Bidirectional high voltage contactors Data Center – Liquid Cooling • FL Series Flow Sensor* Electric Commercial Vehicles • OmniNode High-Voltage Power Distribution Solution* Off-road Equipment • Joysticks Commercial & Defense Aerospace Platforms • Inceptors, pilot controls & high voltage contactors *Press released in Q3’26 See next slide
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10 | SENSATA Q3 2026 EARNINGS PRESENTATION Shipments expected to begin in mid-2027 Differentiated Solutions Setting a new performance benchmark Flow measurement accuracy of up to ±1% Mission- Critical Optimal flow maximizes GPU performance Insufficient Flow: Overheating Excess Flow: Wasted Energy High-Growth Opportunity Projected liquid cooling data center deployment rates(1), 2026-2030 36% 80% Flow Sensing | we leveragedour systems expertise to develop an innovative solution for our customers New FL Series Flow Sensors are a drop-in solution that applies to all data centers FL Flow Sensor In-Rack Coolant Distribution Unit (1) Company estimates based on AFCOM, JLL Research, and Morgan Stanley industry research Contactors Electrical Protection Sensors & Controls Pressure Sensor Pressure & Temperature Sensor Fusion Ground Fault Circuit Protection Circuit Breakers Flow Sensors In-Row Coolant Distribution Unit Temperature Sensors *800 VDC Roadmap
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11 | SENSATA Q3 2026 EARNINGS PRESENTATION +76% Y/Y Growth Components revenue; expanding data center reach Our data center opportunity continues to gain traction Data centers are a compelling growth opportunity for Sensata Commercial Presence Design-Win Traction Market & SAM Growth Momentum is accelerating. We are building the next growth wave. The market opportunity is expanding. $27M 2025 $48M 2026 estimate Improved right to win One-stop shop from grid to chip Ramps expected from Mid-2027 7 wins 6 hyperscalers 1.5x - 2.5x SAM Growing demand and broader participation Expected pace of data center deployments(1) ~15% CAGR (1) Projected growth in GW of global data center capacity, 2025–2030 (JLL Research)
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Q3 2026 FINANCIALS AND Q4 2026 FINANCIAL GUIDE
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13 | SENSATA Q3 2026 EARNINGS PRESENTATION $1,004M Revenue 21.5% Adj. Op. Margin $1.13 Adj. EPS $198M Free Cash Flow +20 bps margin expansion Y/Y w/o termination revenue Fifth consecutive quarter of Y/Y margin expansion $0.97 w/o termination revenue $980M w/o termination revenue 119% Conversion19.5% w/o termination revenue Increased 24 cents, or 27%, Y/Y (increased 8 cents, or 9% Y/Y w/o termination revenue) Fourth consecutive quarter of Adj. EPS growth Y/Y Q3 ’26 FCF grew 46% Y/Y, driven by working capital efficiencies FCF Conversion up 14 ppts. Y/Y YTD FCF conversion of 112% +21 ppts. Y/Y +8% growth and +7% organic growth Y/Y +5% growth, +4% organic growth Y/Y w/o termination revenue Q3 2026 Results Revenue, Adj. operating income, and Adj. EPS all exceeded guidance mid-points w/o termination revenue
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14 | SENSATA Q3 2026 EARNINGS PRESENTATION We continue to grow revenue and margins by executing against our key pillars Highlights • Adj. Operating Margin expanding consistently • FCF conversion accelerating • Deleveraging progressing ahead of schedule • Four quarters of consecutive Adj. EPS growth • Five quarters of organic revenue growth Pillar Metric Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3 ‘26 Reported w/o term. revenue Operational Excellence Y/Y Adj. Operating Margin Trend (bps) (40) FLAT +10 +30 +30 +50 +220 +20 LTM FCF Conversion % 83% 88% 98% 97% 99% 110% 113% n.m. Capital Allocation Net Leverage 3.1x 3.0x 2.9x 2.7x 2.6x 2.4x 2.1x n.m. Gross Debt $3.2B $3.2B $3.2B $2.9B $2.9B $2.5B $2.4B n.m. Growth $ Adj. EPS Growth Y/Y (12.4%) (5.4%) FLAT 18.9% 10.3% 12.6% 27.0% 9.0% Organic Revenue Growth Y/Y (4.4%) (1.5%) 3.1% 3.5% 4.2% 4.4% 6.8% 4.2% Consistent improvement in results demonstrates successful execution of our strategy n.m. = not meaningful
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15 | SENSATA Q3 2026 EARNINGS PRESENTATION $0.12 Dividend per share $33M Debt repurchases 2.1x Net leverage ratio 12.1% ROIC Reduced DebtSustained Dividend Expanded ROIC Returned $17.5M to shareholders in Q3 ‘26 and $52.4M YTD Completed $33M of open market debt repurchases in Q3 ‘26 Q3 2026 Capital Allocation Deleveraging strategy continues to drive ROIC expansion 3.0x 2.7x 2.6x 2.4x 2.1x Dec 31 '24 Dec 31 '25 Mar 31 '26 Jun 30 '26 Sep 30 '26 10.2%10.6% 10.8% 11.3% 12.1% Dec 31 '24 Dec 31 '25 Mar 31 '26 Jun 30 '26 Sep 30 '26 Reduced Gross Debt
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16 | SENSATA Q3 2026 EARNINGS PRESENTATION Deleveraging is driving earnings growth and securing our future Deleveraging is lowering adj. net interest expense and accelerating adj. EPS growth $134 $125 ~$111 2024 2025 FY 2026 estimate Adj. EPS Benefit Y/Y $.06 2025 ~$.10 2026 estimate Strengthening our debt maturity profile Dec 31 ’24 vs. Sep 30 ‘26 Proactive deleveraging is reducing exposure to a higher-rate refinancing environment $1,000 $3,223 $207 $2,427 2029 Debt Maturity Gross Debt As of Dec 31 '24 As of Sep 30 '26 Figures in $M
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17 | SENSATA Q3 2026 EARNINGS PRESENTATION Q3 2026 Segment Performance Industrials and AD&CE Lead with Double-Digit Growth Rate Automotive grew organically by approximately 3% Y/Y including $24M of termination revenue Industrials organic growth rate accelerated, attributable to growth in energy, data center, and HVAC businesses Aerospace, Defense, and Commercial Equipment delivered third straight quarter of double-digit % organic growth Y/Y, with broad market strength Revenue Growth Segment $ in millions Q3-2026 Q3-2025 Y/Y B/(W) Reported Organic Automotive Net Revenue $555.8 $535.8 $20.1 3.7 % 2.6 % Operating Income $157.9 $127.0 $31.0 % Revenue 28.4 % 23.7 % 470 bps Industrials Net Revenue $209.8 $186.3 $23.5 12.6 % 11.8 % Operating Income $60.5 $50.7 $9.8 % Revenue 28.8 % 27.2 % 160 bps Aerospace, Defense, and Commercial Equipment Net Revenue $238.0 $209.9 $28.1 13.4 % 13.2 % Operating Income $63.5 $57.4 $6.1 % Revenue 26.7 % 27.4 % -70 bps Corporate & other Operating Expenses $79.3 $94.5 $15.2 Adj. Operating Expenses $66.6 $55.4 $(11.2)
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18 | SENSATA Q3 2026 EARNINGS PRESENTATION Segment and End Market Overview Aerospace, Defense, and Commercial EquipmentAutomotive Industrials Q3 2026 Market Recap • Global LVP(1) decreased 1.6% in Q3; China and North America production decreased 6% and 5%, respectively (1) Global Light Vehicle Production per S&P (October 2026 Publication) (2) Per KGP (September 2026 publication) (3) Per AHRI (September 2026 publication) Growth is strengthening in Industrials and AD&CE, offsetting Automotive end market softness +4% market outgrowth +3% organic growth in Q3 2026 +12% organic growth in Q3 2026 Energy, data center and HVAC driving growth, housing market remains soft +13% organic growth in Q3 2026 Third consecutive quarter of double-digit % Y/Y growth, led by Commercial Equipment Q4 2026 Market Outlook • Global LVP expected to decrease Y/Y by 4% in Q4 ‘26 largely due to China softness • Global LVP expected to decrease 2% Y/Y in 2026 Q3 2026 Market Recap • U.S. Residential HVAC shipments(3) grew Y/Y in July and August, but were below 2024 levels • U.S. mfg. PMI >50 in recent months, indicating stabilizing industrial conditions Q4 2026 Market Outlook • U.S. Residential HVAC market expected to continue shallow recovery Y/Y • Global data center capacity growing Q3 2026 Market Recap • Aerospace & Defense: end market grew HSD% • Commercial Equipment: North America on-road truck production began inflection cycle in Q3, as Class 8 production(2) increased 50% Y/Y Q4 2026 Market Outlook • Aerospace & Defense: expect continued strength • Commercial Equipment: NA on-road truck production recovery expected to continue through year-end; construction & agriculture outlook improving
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19 | SENSATA Q3 2026 EARNINGS PRESENTATION Q4 2026 Financial Guidance Financial Guide Overview • Revenue expected to grow 3-6% • Adjusted Operating Income expected to grow on higher revenue • Adjusted Operating Margin expected to grow 0-20 bps Y/Y • Adjusted EPS expected to grow Y/Y on improved profitability We expect to deliver another quarter of revenue and earnings growth Tariff expectations included in guidance reflect trade policies in effect as of October 26, 2026, and do not include any impact from prospective tariff refunds. $ in millions, except EPS Q4-26 GUIDANCE Q4-25 B/(W) Revenue $942 – $972 $918 3% – 6% Adj. Op Income Adj. Operating Margin $185 – $192 19.6% - 19.8% $180 19.6% 3% – 7% 0 bps - 20 bps Adj. Net Income $140 – $145 $130 8% – 12% Adj. EPS $0.95 – $0.99 $0.88 8% – 13%
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CLOSING REMARKS
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21 | SENSATA Q3 2026 EARNINGS PRESENTATION Our path forward to further value creation Stronger core, higher-quality organic growth, greater shareholder value creation Disciplined execution • Capital efficiency • Margin resilience • Balance sheet strength Unlocking Value in Core Multiple pathways to growth • Expand into adjacent markets • Innovate new products Building Higher-quality Organic Growth Differentiated Foundation Mission-critical, complex applications Differentiated sensing and electrical protection technologies Deep customer integration Leading market positions and scale
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APPENDIX A: OTHER FINANCIAL INFORMATION
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23 | SENSATA Q3 2026 EARNINGS PRESENTATION Q3 2026 GAAP Results n.m. = "not meaningful" $ and shares outstanding in millions, except EPS Q3-2026 Q3-2025 B/(W) Revenue $1,003.6 $932.0 7.7 % Gross Profit $331.9 $259.4 28.0 %(% of revenue) 33.1 % 27.8 % R&D $33.4 $33.0 (1.0) %(% of revenue) 3.3 % 3.5 % SG&A $95.9 $85.8 (11.8) %(% of revenue) 9.6 % 9.2 % Amortization of Intangibles $15.7 $19.6 19.8 %(% of revenue) 1.6 % 2.1 % Goodwill impairment charge $— $225.7 100.0 %(% of revenue) — % 24.2 % Restructuring and Other $11.7 $18.2 35.8 %(% of revenue) 1.2 % 1.9 % Operating income (loss) $175.3 ($122.9) n.m.(% of revenue) 17.5 % (13.2) % Tax Rate 25.9 % (9.5)% n.m. Net income (loss) $114.2 ($162.5) n.m.(% of revenue) 11.4 % (17.4) % Diluted EPS $0.78 ($1.12) n.m. Diluted Shares Outstanding 147.0 145.7 n.m.
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24 | SENSATA Q3 2026 EARNINGS PRESENTATION Q3 2026 Adj. Operating Results $ and shares outstanding in millions, except EPS Q3-2026 Q3-2025 B/(W) Revenue $1,003.6 $932.0 7.7 % Adj. Gross Profit $341.8 $293.8 16.4 %% Revenue 34.1 % 31.5 % R&D $33.4 $33.0 (1.0) %% Revenue 3.3 % 3.5 % Adj. SG&A $93.1 $81.1 (14.8) %% Revenue 9.3 % 8.7 % Adj. Operating Income $215.3 $179.6 19.9 %% Revenue 21.5 % 19.3 % Adj Tax Rate(1) 11.9 % 12.7 % 80 bps Adj. Net Income $166.5 $129.6 28.5 %% Revenue 16.6 % 13.9 % Adj. EPS $1.13 $0.89 27.0 % Diluted Shares Outstanding 147.0 145.7 n.m. (1) Adjusted tax rate expressed as a % of adjusted profit before tax. Adjusted tax rate expressed as a % of adjusted EBIT was 10.4% and 10.5% in Q3-2026 and Q3-2025, respectively.
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25 | SENSATA Q3 2026 EARNINGS PRESENTATION Q3 2026 Select Cash Flow Information $ in millions Q3-2026 Q3-2025 B/(W) Net income $114.2 ($162.5) n.m Depreciation & Amortization $50.2 $73.0 (31.1) % Changes in Working Capital $42.9 $13.7 213.3 % Other $18.1 $235.8 (92.3) % Operating Cash Flow $225.3 $159.9 41.0 % Capital Expenditures ($27.0) ($23.6) (14.3) % Free Cash Flow $198.3 $136.2 45.6 % % Conversion (of Adj. Net Income) 119 % 105% +14 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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26 | SENSATA Q3 2026 EARNINGS PRESENTATION Select Balance Sheet Information $ in millions SEP 30, 2026 DEC 31, 2025 Total Assets $6,686.5 $6,751.7 Working Capital $1,165.0 $1,219.2 Intangibles, Net & Other Long-Term Assets $4,683.9 $4,757.4 $ in millions SEP 30, 2026 DEC 31, 2025 Gross Debt $2,427.1 $2,867.2 Less: Cash and cash equivalents $553.4 $573.0 Net Debt $1,873.7 $2,294.2
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27 | SENSATA Q3 2026 EARNINGS PRESENTATION End Market Revenue $ in millions Revenue by End Market Q3-2026 Q3-2025 Change Automotive $ 555.8 $ 535.8 3.7 % Industrials (1) 209.8 186.3 12.6 % Commercial Equipment (2) 179.2 153.2 16.9 % Aerospace and Defense 58.8 56.6 3.8 % Total $ 1,003.6 $ 932.0 7.7 % (1) Includes HVAC, appliance and other industrial (2) Includes On-road truck, construction and agriculture
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APPENDIX B: GAAP TO NON-GAAP RECONCILIATIONS
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29 | SENSATA Q3 2026 EARNINGS PRESENTATION Non-GAAP Measures 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 contracts that we believe impact comparisons to prior period operating results. Such costs include charg es 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 a mounts 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 acquisit ion, divestiture, or equity financing transaction, expenses related to compensation arrangements entered into concurrent with the closing of an acquisition, adjustments related to changes in th e fair value of acquisition-related contingent consideration amounts. c. Amortization of intangible assets – represents amortization of intangible assets. d. Other, net – includes non-operating expenses (or non-operating income) recorded within Other, net on our condensed consolidated statements of operations. 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.
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30 | SENSATA Q3 2026 EARNINGS PRESENTATION 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 st ating 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 less unamortized issue costs) 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. Adjusted Net Interest – is defined as interest expense, less interest income, as determined in accordance with US GAAP, adjusted to exclude amortization of debt issuance costs, including deferred financing costs and debt discounts, net of premiums.
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31 | SENSATA Q3 2026 EARNINGS PRESENTATION Adjusted EBITDA $ in millions Period Total Sensata LTM Q3 26 Q2 26 Q1 26 Q4 25 Q3 25 Net income/(loss) $ 366.7 $ 114.2 $ 102.1 $ 87.1 $ 63.2 $ (162.5) Interest expense, net 117.6 27.5 29.2 30.2 30.7 32.4 Provision for income taxes 110.7 39.8 30.3 28.4 12.1 14.1 Depreciation expense 150.7 34.5 33.5 34.0 48.6 53.4 Amortization of intangible assets 66.1 15.7 15.7 15.7 18.9 19.6 Earnings before interest, taxes, depreciation, and amortization ("EBITDA") 811.7 231.7 211.0 195.5 173.5 (43.1) Non-GAAP adjustments: Restructuring related and other 87.1 22.6 16.5 15.0 33.0 247.0 Financing and other transaction costs 5.7 — (5.3) 0.1 10.9 15.0 Other, net (12.6) (6.2) 3.6 (4.1) (5.9) (6.9) Adjusted EBITDA $ 891.9 $ 248.1 $ 225.9 $ 206.5 $ 211.5 $ 212.1
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32 | SENSATA Q3 2026 EARNINGS PRESENTATION Organic Revenue Growth Q3-2026 Reported % Change Less: FX Impact Organic % Change Automotive 3.7 % 1.1 % 2.6 % Industrials 12.6 % 0.8 % 11.8 % Aerospace, Defense, and Commercial Equipment 13.4 % 0.2 % 13.2 % Sensata Total 7.7 % 0.9 % 6.8 %
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33 | SENSATA Q3 2026 EARNINGS PRESENTATION Free Cash Flow $ in millions Q3 Q3 YTD Total Sensata 2026 2025 Change 2026 2025 Change Net cash provided by operating activities $ 225.3 $ 159.9 41.0 % $ 557.8 $ 420.0 32.8 % Additions to property, plant and equipment and capitalized software (27.0) (23.6) (14.3) % (68.5) (81.6) 16.1 % Free cash flow $ 198.3 $ 136.2 45.6 % $ 489.3 $ 338.4 44.6 %
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34 | SENSATA Q3 2026 EARNINGS PRESENTATION Debt and Leverage Ratio (Gross and Net) $ in millions As of Total Sensata 9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025 Current portion of long-term debt and finance lease obligations $ 2.5 $ 2.4 $ 2.4 $ 2.3 $ 2.2 Finance lease obligations, less current portion 17.3 17.7 18.5 18.9 19.6 Long-term debt, net 2,393.2 2,424.8 2,829.4 2,828.6 3,181.4 Total debt and finance lease obligations 2,413.0 2,444.9 2,850.2 2,849.7 3,203.2 Less: Debt premium, net 0.1 0.2 0.4 0.5 0.8 Less: Deferred financing costs (14.2) (15.3) (17.1) (17.9) (19.4) Gross debt $ 2,427.1 $ 2,460.1 $ 2,866.9 $ 2,867.2 $ 3,221.8 Adjusted EBITDA (LTM) $ 891.9 $ 855.9 $ 842.2 $ 835.9 $ 829.3 Gross leverage ratio 2.7 2.9 3.4 3.4 3.9 Total gross indebtedness $ 2,427.1 $ 2,460.1 $ 2,866.9 $ 2,867.2 $ 3,221.8 Less: Cash and cash equivalents 553.4 403.3 635.1 573.0 791.3 Net debt $ 1,873.7 $ 2,056.8 $ 2,231.8 $ 2,294.2 $ 2,430.5 Adjusted EBITDA (LTM) $ 891.9 $ 855.9 $ 842.2 $ 835.9 $ 829.3 Net leverage ratio 2.1 2.4 2.6 2.7 2.9
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35 | SENSATA Q3 2026 EARNINGS PRESENTATION Adjusted Taxes and Adjusted Tax Rate $ in millions Q3 Q3 YTD Total Sensata 2026 2025 2026 2025 Provision for income taxes $ 39.8 $ 14.1 $ 98.6 $ 79.9 Non-GAAP adjustments: Deferred income tax and other tax expense 18.0 (2.1) 39.5 26.2 Current tax effect of non-GAAP adjustments (0.6) (2.6) (4.2) (2.2) Adjusted taxes $ 22.4 $ 18.8 $ 63.3 $ 55.9 Adjusted income before taxes $ 188.9 $ 148.4 $ 499.1 $ 429.5 Adjusted tax rate 11.9 % 12.7 % 12.7 % 13.0 %
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36 | SENSATA Q3 2026 EARNINGS PRESENTATION Adjusted Corporate and Other Expenses $ in millions Q3 Q3 YTD Total Sensata 2026 2025 2026 2025 Corporate and other expenses $ (79.3) $ (94.5) $ (226.9) $ (224.1) Non-GAAP adjustments: Restructuring related and other 12.7 37.8 38.9 66.4 Financing and other transaction costs — 1.3 0.7 2.6 Total adjustments 12.7 39.1 39.6 69.1 Adjusted corporate and other expenses $ (66.6) $ (55.4) $ (187.3) $ (155.1)
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37 | SENSATA Q3 2026 EARNINGS PRESENTATION Other GAAP to Non-GAAP Reconciliations $ in millions (except EPS amounts) Q3-2026 Q3-2025 Total Sensata Operating Income Operating Margin Net Income Diluted EPS Operating (Loss)/ Income Operating Margin Net (Loss)/ Income Diluted EPS Reported (GAAP) $ 175.3 17.5 % $ 114.2 $ 0.78 $ (122.9) (13.2) % $ (162.5) $ (1.12) Non-GAAP adjustments: Restructuring related and other 24.4 2.4 % 23.6 0.16 267.9 28.7 % 263.9 1.81 Financing and other transaction costs — — % — — 15.0 1.6 % 15.0 0.10 Amortization of intangible assets 15.7 1.6 % 15.7 0.11 19.6 2.1 % 19.6 0.13 Amortization of debt issuance costs — — % 1.1 0.01 — — % 1.2 0.01 Other, net — — % (6.0) (0.04) — — % (5.4) (0.04) Deferred income tax and other tax related — — % 18.0 0.12 — — % (2.1) (0.01) Total adjustments 40.1 4.0 % 52.3 0.36 302.5 32.5 % 292.1 2.01 Adjusted (non-GAAP) $ 215.3 21.5 % $ 166.5 $ 1.13 $ 179.6 19.3 % $ 129.6 $ 0.89 $ in millions (except EPS amounts) Q3 YTD 2026 Q3 YTD 2025 Total Sensata Operating Income Operating Margin Net Income Diluted EPS Operating Income Operating Margin Net (Loss)/ Income Diluted EPS Reported (GAAP) $ 482.3 16.5 % $ 303.4 $ 2.07 $ 137.4 4.9 % $ (31.9) $ (0.22) Non-GAAP adjustments: Restructuring related and other 58.4 2.0 % 54.4 0.37 302.5 10.9 % 299.4 2.04 Financing and transaction costs (5.2) (0.2) % (5.1) (0.03) 24.0 0.9 % 24.1 0.16 Amortization of intangible assets 47.2 1.6 % 47.2 0.32 61.4 2.2 % 61.4 0.42 Amortization of debt issuance costs — — % 3.2 0.02 — — % 3.5 0.02 Other, net — — % (6.9) (0.05) — — % (9.1) (0.06) Deferred income tax and other tax related — — % 39.5 0.27 — — % 26.2 0.18 Total adjustments 100.4 3.4 % 132.3 0.90 387.9 13.9 % 405.5 2.76 Adjusted (non-GAAP) $ 582.7 19.9 % $ 435.7 $ 2.97 $ 525.2 18.8 % $ 373.6 $ 2.54