Linamar Corporation · TSX:LNR

Linamar — Investor Presentation (May 2026)

50 slides from Linamar's investor presentation, May 2026

Slide 2: Forward-looking Information, Risk, and Uncertainties
Forward-looking Information, Risk, and Uncertainties Certain information regarding Linamar set forth in this presentation and oral summary, including management’s assessment of the Company’s future plans and operations may constitute forward-looking statements. This information is based on current e
Slide 3: Outline
Outline Company Overview Industrial Segment Review Mobility Segment Review Financial Summary © Linamar Corporation 3
Slide 5: Key Facts
Company Overview / Key Facts Key Facts Profile Key Figures Corporate Information Company Description Revenue (CAD) Guelph, Canada $10.6B $2.9B Headquartered An advanced and diversified TTM Q1 ‘26 Q1 2026 manufacturer that intersects at the Ownership: Public Publicly Traded, TSX: LNR lines of leading
Slide 6: Engineered for Any Volume Scenario: Manufacturing Capabilities
Casting Light Metal Casting Gravity & Low- Pressure Aluminum Die Casting High-Pressure Aluminum & Magnesium Die Casting Iron Casting Ductile Forging Hatebur High Speed Hot Horizontal Forging Conventional Vertical Forging Cold Forming * Ring Rolling Radial Forging Metal Forming Robotic Welding * Lase
Slide 7: Engineered for Any Volume Scenario: Engineering and Automation
Engineering & Prototype Development ED&T Solutions Application Engineering Gear Lab Product/System Validation Testing 3D Printing Process Design Layout Optimization Innovative Tooling and Measurement Solutions Tool Regrinding Tool Concept to Production Advanced Workholding & Fixtures Gauging & Visio
Slide 9: Financial Profile
Company Overview / Financial Profile Normalized Net Earnings and Revenue Normalized EPS1 History of Performance (in Billions CAD) (in Millions CAD except per share data) $700 Norm. EPS $12.0 Double Digit Growth Target $12.0 $600 $10.0 • $10.0 $500 $8.0 $8.0 • $400 $6.0 $6.0 • $4.0 $300 $4.0 $2.0 $20
Slide 10: Sustainability Progress
Company Overview / ESG Sustainability Progress Environment & Climate • Continued reduction in Scope 1 emissions per dollar sales, now down 24% to 2022 baseline • Reduction in MWh energy used per dollar sales continued in 2024 as well • 457 GWh of annual energy savings identified since 2023, 40% impl
Slide 11: Consistent, Long-term Performance
Company Overview / Value Drivers Consistent, Long-term Performance Consistent, Sustainable Flexibility to Growth Driving from Mitigate Risk Diversity Capital Asset Profile enables us to redeploy under-utilized equipment Diversified revenue streams, to changing market needs, broad product portfolio f
Slide 12: Linamar's Powerful Balanced & Diversified Business Model
Company Overview / Business Model Linamar’s Powerful Balanced & Diversified Business Model INDUSTRIAL SEGMENT focused on North America, Cash for Continued Brand generates cash and shares brand Investment Management management knowledge. Strong Profit Consistent Free Strong, Stable Sustainable MOBILI
Slide 13: Proven, Repeatable Financial Strength
Strategy / Financial Performance Proven, Repeatable Financial Strength Double Digit Growth % OF YEARS WE HAVE ACHIEVED 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 METRIC Sales Growth 81% Net Earnings Normalized Growth 81% Positive Free Cash Flow1 81% Double Digit
Slide 14: The Linamar Advantages
Company Overview / Investment Highlights Summary The Linamar Advantages Investment Highlights Solid financial performance ▪ Consistent growth in sales, earnings, and cash flow ▪ Consistently strong balance sheet Strong strategy delivering growth ▪ Diversified synergistic growth model ▪ Vertically in
Slide 15: >90% of Linamar Revenues Tariff Free
>90% of Linamar Revenues Tariff Free 232 Foreign Steel, Section 122 & 301 Section 122 Aluminum & Tariffs Tariffs Foreign Built Derivative Products Outside NA Auto Parts Canada/Mexico Vehicles Retaliatory Tariffs 50% Metals 10%-100% 25% 10%-15% 25% 25% Products USMCA Compliant 0% USMCA Compliant 0% 2
Slide 16: Disciplined Tariff Mitigation Focused on Shareholder Return
Disciplined Tariff Mitigation Focused on Shareholder Return ▪ Regulatory and classification review to confirm tariff scope, derivatives treatment, and appropriate product classification ▪ Appeal and relief pathways under evaluation across relevant jurisdictions ▪ Distribution and structural optimiza
Slide 19: Access: OEM Aerial Work Platform Equipment
Access OEM Aerial Work Platform (AWP) Equipment that BUILDS THE WORLD 5 1000s 40 Factories across of Rental Years of Canada, Mexico, Equipment Commitment to Hungary and Customers AWP China Globally Market Product Market Focus Focus Strategy • Access • Scissor Lift • High Quality, • Local and Global
Slide 20: Simply Reliable AWP OEM Equipment
Industrial Segment / Skyjack Portfolio Simply Reliable AWP OEM Equipment Vertical Mast Scissor Lifts Telescopic Articulating Telehandlers Lifts Booms Booms © Linamar Corporation 20
Slide 21: Continued Growth in a Growing Market
Continued Growth in a Growing Market Industry Access Volumes Skyjack Global 2026 Q1 Unit Volume FY2026 FY2027 Expectation Expectation 65.7% North America 1.4% 2.0% Europe 1.0% 1.9% Asia Pacific & ROW -17.0% 0.3% Global Total -3.8% 1.5% Source: Industry reports & Linamar Internal, April 2026. YTD Asi
Slide 22: Strategic Product Expansion
Strategic Product Expansion More Reach, Less Space Smaller Footprint, Broader Reach The SJ3232 E launched in Q1 to add to the versatile Launched the new SJ45 AJN & SJ45 ARJN battery range of electric slab scissors. Available in North powered electric articulated slab booms for North American & Europ
Slide 23: Skyjack's Business Overview
Industrial Segment / Skyjack Skyjack’s Business Overview Business Profile Global Addressable Market (CAD) Skyjack proudly provides companies with quality-engineered, simple and reliable access and material handling equipment globally to maximize utilization and their $22.8 return on investment. Bill
Slide 25: Agriculture: Shortline OEM Agricultural Machinery
Agriculture Shortline OEM Agricultural Machinery that FEEDS THE WORLD 7 3 3K+ 5 Manufacturing Market-Leading Dealers and Global R&D Facilities across Core Shortline Distributors Centers Canada, US, and OEM Brands Partners Globally Hungary Market Product Market Focus Focus Strategy • Tillage • Combin
Slide 26: Market Share Focus During Soft Market Demand
Market Share Focus During Soft Market Demand Industry Large Ag Volumes Linamar Ag Global 2026 Q1 Unit Volume FY2026 Expectations North America -20 to -15% Europe Flat Combine Drapers Tillage Air Seeders Market Share Up Market Share Up Market Share Rest of World -5% to Flat Globally in US over the LT
Slide 27: Multi-brand Offering of Advanced Ag OEM Equipment
Industrial Segment / Agriculture Technology Portfolio Multi-brand Offering of Advanced Ag OEM Equipment FlexDraper Header Air Seed Carts Tillage Products Self-Propelled Windrower Hoe Drill Seeders Pull Type Spinner Spreader Applicator FlexCorn Header Frame Mounted Seeders Pull-Type Mower Conditioner
Slide 28: Agriculture Innovation Highlights
Agriculture Innovation Highlights MyMacDon Mobile App Bourgault Introduces CDi50 The new MyMacDon Mobile App launched, connecting Bourgault launched the CDi50, a 50-foot, users directly to their MacDon equipment, putting transport-friendly air seeder designed to deliver software updates diagnostics,
Slide 29: Agriculture Business Overview
Industrial Segment / Linamar Agriculture Agriculture Business Overview Business Operations Global Addressable Market ($CAD) Linamar Agriculture is a group of leading OEM equipment brands with a market reputation for high-quality, specialized, innovative designs that deliver a performance advantage.
Slide 31: Mobility: Supplier that Moves the World
Mobility Tier 1 Precision Metallic Parts and System Supplier that MOVES THE WORLD $7.7B 75 5 84% 2025 Factories across Operating of Capital Assets Revenue 14 countries in NA, Groups are Flexible Europe & Asia Market Product Market Focus Focus Strategy • ICE • Propulsion • Broad Product range • HEV •
Slide 32: Product Portfolio
Mobility / Product Portfolio Product Portfolio Driveline Powertrain Engine Structure & Chassis Camshafts Connecting Rods Battery Enclosures Gearsets Driveline Systems Balance Shaft Semi-trailing Arm Shock Tower Hub & Planetary Carrier Housing Modules PTUs/RDUs eAxle Systems Differential Assemblies C
Slide 33: Key Acquisitions Paying Off
Key Acquisitions Paying Off Winning BLW Leipzig (LCSL) Aludyne North America Core Capabilities Core Capabilities Core Capabilities Iron casting solutions of large, complex components Squeeze Casting Precision Bevel and Helical Gears High Pressure Die Casting Warm Forging State-of-the-art installatio
Slide 34: Significant New Programs in Q1
Significant New Programs in Q1 Cylinder Blocks & Heads • Significant new program wins in Q1 for components such as Cylinder Blocks and $758M Cylinder Head Assemblies. in Q1 2026 New Propulsion Agnostic NBWs Business Wins across Mobility and Industrial Knuckles • Continuing to win new structural comp
Slide 35: Strong CPV Growth in Q1 Driven by Strategic Acquisitions
Strong CPV Growth in Q1 Driven by Strategic Acquisitions Global CPV Regional Content Per Vehicle $105.00 +20.0% $99.47 Q1 ‘25 Q1 ‘26 %∆ $95.00 North America $300.90 $373.11 +24.0% $85.00 $82.87 Europe $97.64 $107.64 +10.2% $75.00 Asia Pacific $11.47 $11.86 +3.4% $65.00 Q1 2025 Q1 2026 Global CPV inc
Slide 36: Global Mobility Strategies
Mobility Segment / Strategy Global Mobility Strategies ICE & Multi-Energy Expand EV Portfolio and Grow Propulsion Agnostic Opportunities Maximize Future Potential Revenues ICE platforms have a long-term time horizon Vertical Integration offers OEMs scalable solutions for full Large Aluminum Castings
Slide 38: Q1 2026: Record Results, Solid Double-Digit Growth
Q1 2026: Record Results, Solid Double-Digit Growth Net Earnings & EPS Sales Margin1 Free Cash Flow1 (Normalized) 1 (Normalized) $2.9B $195.8M $3.28 $218.6M 6.7% 16.1% 17.1% 18.8% $142.2M vs. Q1 ‘25 vs. Q1 ‘25 vs. Q1 ‘25 vs. Q1 ‘25 1- Net Earnings (NE) – Normalized, Net Earnings (Loss) Per Share – Di
Slide 39: Continued Mobility Margin Expansion
Continued Mobility Margin Key Factors: Mobility Revenue Expansion +19.2% vs Q1 ‘25 • Increased sales related to the acquisitions of select Aludyne Incorporated North American operations and the European Leipzig Casting Facility in Q4 2025; • Increased sales related to launching programs and higher v
Slide 40: Industrial Market Challenging, Signs of Improvement
Key Factors: Industrial Industrial Market Challenging Revenue +6.6% vs Q1 ‘25 Signs of Improvement • • Revenue Normalized Operating Earnings 1 • (in Millions CAD) (in Millions CAD) +6.6% Normalized OE 1 $675.4 $633.4 -16.5% vs Q1 ‘25 -16.5% • • $126.6 • $105.7 • Normalized OE Margin 1 down to 15.6%
Slide 41: Strong Liquidity and Balance Sheet
Strong Liquidity and Balance Sheet Net Debt to EBITDA1 Total Liquidity2 Current Positioning (in Millions CAD) Cash Position Net Debt to EBITDA 1 was 0.6x at the end of Available cash on credit facilities Q1 Peer FY25 Avg. 3 2.7x $2.0B Cash Position at the end of Q1 was $1,191 $1.8B million $805.6 ▪
Slide 42: Geographic and Segment Splits TTM as of Q1 2026
Financial Summary / Segmentation Geographic and Segment Splits TTM as of Q1 2026 Geographic Operating Segment Operating Segment Revenue1 Revenues Operating Earnings - Normalized2 (in Millions CAD) (in Millions CAD) (in Millions CAD) 24% 23% 37% 45% 6% 63% 77% 25% Canada Rest of Americas Asia Europe
Slide 43: Cash & Liquidity Position
Financial Summary / Liquidity Cash & Liquidity Position CapEx Spend (in $M CAD) & as % of Sales Normal Range: 6-8% of Sales $1,000 14.0% Commitment to continued investment with normal CapEx typically in the range of 6-8% of Total Sales. FCF track record, adequate Liquidity and historically strong 12
Slide 44: Balance Sheet Strength that Gives Us Room to Invest
Balance Sheet Strength that Gives Us Room to Invest Peer Average (2011-2025)2: 3.0x 3.0x 2.5x 2.0x 1.7x 1.7x 1.6x 1.5x Target Max: 1.5x 1.5x 1.0x 1.0x 1.0x 0.8x 0.8x 0.9x 0.8x 0.5x 0.4x 0.5x 0.4x 0.2x 0.0x -0.1x -0.5x 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 – Pro
Slide 45: Capital Markets Overview
Equity Market / Linamar Stock Capital Markets Overview TSX:LNR Overview Current Multiples As of May 21, 2026 Multiple Current 2026E 2027E 3Y Average 5Y Average $95.28 $5.6B 1.22% Price Share Price Market Cap Dividend Yield EV/NTM $95.28 3.86x 3.67x 3.51x 3.73x 0.86 $159M EBITDA 59.2 M Cash Returned
Slide 46: Share Buyback Update
Status of Share Repurchases • Current NCIB program has repurchased nearly 696 thousand shares as of April 30th • To date, Linamar has returned nearly $59 million to shareholders as a result • Total cash returned since November 2024 nearly $159 million and Share ~2.4 million shares Current NCIB Progr
Slide 47: Balancing Growth & Returning Cash to Shareholders
Financial Overview / Capital Allocation Strategy Framework Balancing Growth & Returning Cash to Shareholders Free Cash Flow Priorities 1 Ensure Balance Sheet is at an optimal level 3 Beyond first two priorities, use Excess Liquidity towards: • NCIB to Buyback Shares, particularly when share price un
Slide 48: Segmented Outlook Q2 2026 Guidance
Segmented Outlook Q2 2026 Guidance Q2 2026 Latest Mobility Outlook Sales Growth (%) Double-Digit Growth 1 Normalized OE Growth (%) Double-Digit Growth 1 Normalized Operating Margin (%) Expansion Normal Range 7.0-10.0% Within Normal Range Industrial Sales Growth (%) Growth 1 Normalized OE Growth (%)
Slide 49: Outlook FY 2026 Guidance
Outlook FY 2026 Guidance FY 2026 Outlook FY 2026 Outlook Factors and FY 2026 Latest Consolidated Outlook Provided on March 4, Assumptions: 2026 • Strong Mobility segment growth on launches and acquisitions tempered Sales Growth (%) Double-Digit Growth Growth by Industrial market declines Normalized
Slide 50: Contact
Chris Merchant Chief Administrative Officer Linamar Corporation Chris.Merchant@linamar.com 519-836-7550 https://www.linamar.com/investors/ Aiden Matekovic Manager, Corporate Development & Investor Relations Linamar Corporation Aiden.Matekovic@linamar.com 519-836-7550 https://www.linamar.com/investor

Linamar — Investor Presentation (May 2026) on 6ix

Linamar — Investor Presentation (May 2026)

Slide 1: Investor Presentation

Slide 2: Forward-looking Information, Risk, and Uncertainties

Slide 3: Outline

Slide 4: Company Overview

Slide 5: Key Facts

Slide 6: Engineered for Any Volume Scenario: Manufacturing Capabilities

Slide 7: Engineered for Any Volume Scenario: Engineering and Automation

Slide 8: © Linamar Corporation 8

Slide 9: Financial Profile

Slide 10: Sustainability Progress

Slide 11: Consistent, Long-term Performance

Slide 12: Linamar's Powerful Balanced & Diversified Business Model

Slide 13: Proven, Repeatable Financial Strength

Slide 14: The Linamar Advantages

Slide 15: >90% of Linamar Revenues Tariff Free

Slide 16: Disciplined Tariff Mitigation Focused on Shareholder Return

Slide 17: Industrial Segment Review

Slide 18: Access Strategy

Slide 19: Access: OEM Aerial Work Platform Equipment

Slide 20: Simply Reliable AWP OEM Equipment

Slide 21: Continued Growth in a Growing Market

Slide 22: Strategic Product Expansion

Slide 23: Skyjack's Business Overview

Slide 24: Agriculture Strategy

Slide 25: Agriculture: Shortline OEM Agricultural Machinery

Slide 26: Market Share Focus During Soft Market Demand

Slide 27: Multi-brand Offering of Advanced Ag OEM Equipment

Slide 28: Agriculture Innovation Highlights

Slide 29: Agriculture Business Overview

Slide 30: Mobility Segment Review

Slide 31: Mobility: Supplier that Moves the World

Slide 32: Product Portfolio

Slide 33: Key Acquisitions Paying Off

Slide 34: Significant New Programs in Q1

Slide 35: Strong CPV Growth in Q1 Driven by Strategic Acquisitions

Slide 36: Global Mobility Strategies

Slide 37: Financial Summary

Slide 38: Q1 2026: Record Results, Solid Double-Digit Growth

Slide 39: Continued Mobility Margin Expansion

Slide 40: Industrial Market Challenging, Signs of Improvement

Slide 41: Strong Liquidity and Balance Sheet

Slide 42: Geographic and Segment Splits TTM as of Q1 2026

Slide 43: Cash & Liquidity Position

Slide 44: Balance Sheet Strength that Gives Us Room to Invest

Slide 45: Capital Markets Overview

Slide 46: Share Buyback Update

Slide 47: Balancing Growth & Returning Cash to Shareholders

Slide 48: Segmented Outlook Q2 2026 Guidance

Slide 49: Outlook FY 2026 Guidance

Slide 50: Contact