Slide 1: First Quarter 2025 Earnings Call
May 1, 2025 APTIV First Quarter 2025 Earnings Call
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation, as well as other statements made by Aptiv PLC (the “Company”), contain forward-looking statements that reflect, when made, the Company’s current views with respect to current events, certain investments and acquisitions and financial performance. Such fo
Slide 3: First Quarter Highlights
First Quarter Highlights STRONG FINANCIAL AND OPERATIONAL PERFORMANCE; EDS SEPARATION ON TRACK REVENUE $4.8B 1Q down (1%) EBITDA $758M 1Q Margins of 15.7% OPERATING $572M INCOME 1Q Margins of 11.9% EARNINGS $1 .69 PER SHARE Note: Revenue growth excludes impact of foreign exchange and commodities. 1Q
Slide 4: 2025 Outlook
2025 Outlook ROBUST BUSINESS MODEL LEVERAGING LONG-TERM GROWTH DRIVERS NAVIGATING NEAR-TERM UNCERTAINTY fe) ce) TRADE POLICY IMPACT Implementing actions to minimize disruptions CUSTOMER DYNAMICS Continue to monitor OEM production schedules ONGOING EV ADOPTION OEMs committed to electrification; EU am
Slide 5: Business Foundation Mitigating Tariff Impact
Business Foundation Mitigating Tariff Impact 95%+ OF U.S. TRADE FLOWS ARE WITH MEXICO; 99% USMCA COMPLIANT POSITIONED TO MANAGE DYNAMIC ENVIRONMENT CUSTOMERS SUPPLY CHAIN IN-REGION, FOR-REGION APPROACH TO Partnering proactively to mitigate Continue regionalization of MANUFACTURING AND SUPPLY CHAIN i
Slide 6: Winning Across the Portfolio
Winning Across the Portfolio NEW BUSINESS AWARDS ACROSS PORTFOLIO OF ADVANCED TECHNOLOGIES BOOKINGS Lifetime gross program revenues, $ Billions TARGET FY 2022 FY 2023 FY 2024 FY 2025 $32B $34B $31B $31B+ ADVANCED ENGINEERED ELECTRICAL SAFETY & USER COMPONENTS DISTRIBUTION $14.2 $13.9 EXPERIENCE GROU
Slide 7: Advanced Safety & User Experience
Advanced Safety & User Experience LEADING PROVIDER OF FULL SENSOR-TO-CLOUD TECH STACK WITH PRODUCTIZED, MODULAR SOLUTIONS 1Q 2025 HIGHLIGHTS 1Q 2025 COMMERCIAL HIGHLIGHTS REVENUE GROWTH1 ACTIVE SAFETY Smart camera awards with Great Wall and GAC Motor, leveraging local • Flat adjusted growth, support
Slide 8: Engineered Components Group
Engineered Components Group GLOBAL PROVIDER OF MISSION CRITICAL INTERCONNECT, CABLE MANAGEMENT AND FASTENING SOLUTIONS 1Q 2025 HIGHLIGHTS 1Q 2025 COMMERCIAL HIGHLIGHTS REVENUE GROWTH1 HIGH-SPEED CABLE ASSEMBLIES • 1% adjusted growth First automotive award for HSCA with ethernet for a Global OEM • So
Slide 9: Electrical Distribution Systems
Electrical Distribution Systems INDUSTRY-LEADING PROVIDER OF LOW AND HIGH VOLTAGE SIGNAL, POWER AND DATA DISTRIBUTION 1Q 2025 HIGHLIGHTS 1Q 2025 COMMERCIAL HIGHLIGHTS REVENUE GROWTH1 CHINA LOCALS • (3%) adjusted growth due to lower vehicle production Breakthrough low voltage electrical distribution
Slide 10: Strategic Partnership
Strategic Partnership DRIVING INTELLIGENT AUTOMATION AND OPERATIONAL RESILIENCE ACROSS INDUSTRIES INTEGRATED SOLUTION JOINT GO-TO-MARKET Wind River Cloud Platform & eLxr Pro Co-selling & co-marketing initiatives to for AI & mission-critical workloads achieve joint-solution revenues Wind River enable
Slide 11: 1Q 2025 vs. 1Q 2024
1Q 2025 vs. 1Q 2024 STRONG PERFORMANCE WITH RECORD FIRST QUARTER EARNINGS AND CASH FLOW ($ Millions, except per share amounts) 1Q 2025 Fav / (Unfav) COMMENTS REPORTED REVENUE ($76) • ASUX flat, ECG up 1% and EDS down (3%) $4,825 • Unfavorable FX of ($64M) Adj. Growth %1 (1%) EBITDA2 $758 $38 • EBITD
Slide 12: 1Q 2025 Revenue
1Q 2025 Revenue GROWTH IMPACTED BY LOWER PRODUCTION VOLUMES, DOWN (2%) GLOBALLY, AND CUSTOMER MIX REVENUE REGIONAL GROWTH $ Millions (1%) Adj 1 N. AMERICA EUROPE CHINA2 $17 ($29) ($64) Adj. Growth1 (2%) (4%) 2% Vehicle Production (6%) (7%) 10% $4,901 $4,825 1Q 2024 Sales Net Price & Foreign 1Q 2025
Slide 13: 1Q 2025 AS&UX Recap
1Q 2025 AS&UX Recap RECORD FIRST QUARTER OPERATING INCOME MARGIN REVENUE OPERATING INCOME2 RELEVANT COMMENTARY $ Millions $ Millions, % of sales • Active Safety adjusted growth of 9%1 due to ongoing proliferation across platforms in NA Flat1 Flat • SV Compute & Software up 12%1 driven by strong comm
Slide 14: 1Q 2025 ECG Recap
1Q 2025 ECG Recap MARGIN EXPANSION REFLECTING STRONG OPERATIONAL EXECUTION REVENUE OPERATING INCOME2 RELEVANT COMMENTARY $ Millions $ Millions, % of sales • Solid YoY volumes, particularly in China up 24%1 1%1 8% • Strong growth in multiple end markets, including industrial and A&D • 140bps margin i
Slide 15: 1Q 2025 EDS Recap
1Q 2025 EDS Recap STRONG MARGIN PERFORMANCE DESPITE TOP-LINE IMPACT FROM SELECT CUSTOMERS REVENUE OPERATING INCOME2 RELEVANT COMMENTARY $ Millions $ Millions, % of sales • Revenue reflects lower production schedules of select customers, primarily in NA and Europe (3%)1 5% • Continued strong operatio
Slide 16: Providing 2Q 2025 Guidance
Providing 2Q 2025 Guidance INITIAL FY 2025 OUTLOOK EXCLUDED TARIFF IMPACT -- UPDATING WHEN THERE IS MORE VISIBILITY ($ Millions, except per share amounts) 2Q 2025 FY 2025 2Q 2025 COMMENTS REPORTED REVENUE $4,920 – 5,120 $19,600 – 20,400 • AWM global vehicle production (4%) Adj. Growth %1 ~(1%) ~2% •
Slide 17: Balance Sheet Strength
Balance Sheet Strength STRONG CASH FLOW AND DISCIPLINED CAPITAL DEPLOYMENT PROVIDE FLEXIBILITY OPERATING CASH FLOW DEBT & CASH PROFILE ATTRACTIVE LEVERAGE AND 1Q 2025 Actuals ($ Millions) 1Q 2025 Actuals ($ Billions) LIQUIDITY POSITION REMAINING ~$175M OF PREPAYABLE DEBT RETIRED IN APRIL • ~$700M de
Slide 18: Summary
Summary SOLID 1Q PERFORMANCE Strong year-over-year margin improvement and cash flow generation driven by resilient business model and continued operational execution CONFIDENT IN ABILITY TO ADAPT TO MARKET CHANGES Increasing operational efficiencies while proactively improving customer service level
Slide 19: Appendix
19 1Q 2025 Earnings | May 1, 2025 | Aptiv
Slide 20: YoY Revenue Growth Metrics
YoY Revenue Growth Metrics 1Q 2025 Reported net sales % change (2%) Less: foreign currency exchange and commodities (1%) Adjusted revenue growth1 (1%) 1Q 2025 Reported Revenue Growth (2%) Advanced Safety And User Experience Reported Revenue Growth - Engineered Components Group Reported Revenue Growt
Slide 21: Non-US GAAP Financial Metrics: Adjusted OI
Non-US GAAP Financial Metrics: Adjusted OI ($ millions) 1Q 2025 1Q 2024 Net (loss) income attributable to Aptiv (11) 218 Interest expense 93 65 Other income, net - (15) Income tax expense 356 76 Equity loss, net of tax 10 69 Net income attributable to noncontrolling interest 1 6 Net loss attributabl
Slide 22: Non-US GAAP Financial Metrics: Adjusted EBITDA
Non-US GAAP Financial Metrics: Adjusted EBITDA ($ millions) 1Q 2025 1Q 2024 Net (loss) income attributable to Aptiv (11) 218 Interest expense 93 65 Income tax expense 356 76 Net income attributable to noncontrolling interest 1 6 Net loss attributable to redeemable noncontrolling interest (1) - Depre
Slide 23: Non-US GAAP Financial Metrics: Adj. NI Per Share
Non-US GAAP Financial Metrics: Adj. NI Per Share ($ millions, except per share amounts) 1Q 2025 1Q 2024 Net (loss) income attributable to Aptiv (11) 218 Adjusting items: Amortization 51 54 Restructuring 37 39 Separation costs 19 - Other acquisition and portfolio project costs 7 28 Asset impairments
Slide 24: Non-US GAAP Financial Guidance Metrics: Adjusted Operating Income
Non-US GAAP Financial Guidance Metrics: Adjusted Operating Income ($ millions) 2Q 20251 20251 Net income attributable to Aptiv 300 1,250 Interest expense 85 365 Other income, net (5) (20) Income tax expense 30 280 Equity loss, net of tax 15 50 Net income attributable to noncontrolling interest (a) 5
Slide 25: Non-US GAAP Financial Guidance Metrics: Adjusted EBITDA
Non-US GAAP Financial Guidance Metrics: Adjusted EBITDA ($ millions) 2Q 20251 20251 Net income attributable to Aptiv 300 1,250 Interest expense 85 365 Income tax expense 30 280 Net income attributable to noncontrolling interest (a) 5 20 Depreciation and amortization 245 975 EBITDA 665 2,890 Other in
Slide 26: Non-US GAAP Financial Guidance Metrics: Adjusted NI Per Share
Non-US GAAP Financial Guidance Metrics: Adjusted NI Per Share ($ millions, except per share amounts) 2Q 20251 20251 Net income attributable to Aptiv 300 1,250 Adjusting items: Amortization 55 210 Restructuring 60 175 Other acquisition and portfolio project costs 25 70 Compensation expense related to