Slide 1: 4Q25 Results
4Q25 Results February 2026
Slide 2: Agenda
Agenda • 4Q25 Highlights • Financial Overview • 2026 Guidance • Q&A Armando Tamez Alberto Sada Denise Reyes CEO CFO IRO
Slide 3: Forward-Looking Statement
FORWARD-LOOKING STATEMENT This presentation contains forward-looking information based on numerous variables and assumptions that are inherently uncertain. They involve judgments with respect to, among other things, future economic, competitive and financial market conditions and future business dec
Slide 4: 2025 overview
2025 overview • Focused on strategic and financial objectives • Strong position, continued financial progress • Leveraging ICE strength while advancing e-mobility, structure, and chassis applications
Slide 5: EBITDA within Guidance at US$591 M
EBITDA within Guidance at US$591 M • Top line stable at US$4.9 B • Net debt reduction of US$130 M y-o-y
Slide 6: GF Casting Solutions' Automotive Business acquisition
GF Casting Solutions’ Automotive Business acquisition • Key milestone in Nemak’s long-term positioning • Brings highly complementary capabilities • Expands footprint and access to leading Chinese manufacturers
Slide 7: Welcome GF Casting Solutions
Welcome GF Casting Solutions • Full regulatory approval for acquisition in Feb. 2026 • Focused on driving a disciplined integration process • Effective integration will drive alignment, synergies, faster technology sharing, and service excellence
Slide 8: Czech Republic facility successful ramp-up
Czech Republic facility successful ramp-up • Uses advanced assembly technologies to build complex components • Highlights our ability to adapt, expand globally, and advance manufacturing capabilities
Slide 9: New business awarded in 2025 for US$440 M annually
New business awarded in 2025 for US$440 M annually • 85% ICE powertrain • 15% EV/SC applications • Utilizing existing assets, lowering capex and supporting cost-effective customer solutions
Slide 10: Pursuing US$1.9 B in new business
Pursuing US$1.9 B in new business • Positioned to capture future growth across key segments • Committed to competitive, cost-effective solutions • Focused on operational excellence and long-term value
Slide 11: Advancing technology and efficiency in 2025
Advancing technology and efficiency in 2025 • Key initiatives driving efficiency • HPDC process improvement and cost optimization measures
Slide 12: Turning data into actionable insights with AI
Turning data into actionable insights with AI Reinforcing our commitment to advanced technology that enhances control and competitive position
Slide 13: Nemak achieved an "A-" rating from CDP for second consecutive year
Nemak achieved an “A-” rating from CDP for second consecutive year
Slide 14: Top Employer Recognition
Top Employer Recognition Reflects the importance of creating an environment where our teams grow, innovate, and drive long-term value
Slide 15: Financial Results
Financial Results
Slide 16: Key focus on cash flow generation through sustainable margins
Key focus on cash flow generation through sustainable margins and disciplined capital allocation High comparison base from one-time commercial negotiations
Slide 17: Industry trends across key regions
Industry trends across key regions Vehicle SAAR (M Units) Vehicle Production (M Units) 35.0 12.0 30.0 28.2 28.6 9.6 26.7 27.1 27.2 China 10.0 9.5 24.7 25.0 8.0 7.2 7.2 7.4 6.6 20.0 16.5 16.5 16.5 17.4 USA 16.4 6.0 15.6 15.0 16.2 16.1 15.7 15.3 15.9 15.7 4.0 3.9 3.9 3.9 3.8 4.0 3.8 10.0 Europe 3.8 3.
Slide 18: For the full year, EBITDA of US$591 M within Guidance
For the full year, EBITDA of US$591 M within Guidance Revenue (US$ B) EBITDA (US$ M) +1% 0.5% -25% -7% 1.209 1.223 4.907 4.931 156 633 591 117 4Q24 4Q25 2024 2025 4Q24 4Q25 2024 2025 Eq. Vol Unitary M units 9.0 9.2 39.5 38.4 EBITDA 17.2 12.8 16.0 15.4
Slide 19: Operating result and net result
• Operating result was US$(56) M in 4Q25; and US$97 M in 2025 • Net result was US$(100) M in 4Q25; and US$(116) M in 2025
Slide 20: Net Debt was US$1.4 B, a sequential reduction of US$190 M
Net Debt was US$1.4 B, a sequential reduction of US$190 M • Net-debt-to-EBITDA ratio was 2.4 times by the end of the quarter, in line with 4Q24 • Interest coverage ratio was 5.5 times versus 4.9 times in 4Q24
Slide 21: Streamlined capital investments, focus on ICE capabilities
Streamlined capital investments, focus on ICE capabilities • 4Q25 US$99 M • 2025 US$306 M
Slide 22: Summary of Regional Results
Summary of Regional Results Revenues 4Q25 4Q24 % Var. 2025 2024 % Var. North America 653 661 (1.1) 2,632 2,581 2.0 Europe 410 391 4.9 1,636 1,693 (3.4) Rest of World 160 157 1.7 664 632 5.0 Total 1,223 1,209 1.2 4,931 4,907 0.5 EBITDA 4Q25 4Q24 % Var. 2025 2024 % Var. North America 43 121 (64.6) 267
Slide 23: 68 M shares repurchased
68 M shares repurchased • Treasury-held shares represent around 6.8% of total • Nemak to continue delivering value to its shareholders
Slide 24: GF Casting Solutions acquisition enterprise value of US$336 M
GF Casting Solutions acquisition enterprise value of US$336 M • Closing payment of US$216 million funded with existing cash • Holdbacks & vendor financing to be paid over a 5-year term
Slide 25: Revenue a better representation of business performance than volume
As our product portfolio evolves, revenue becomes a better representation of business performance than equivalent volume
Slide 26: 2026 Guidance
2026 Guidance • Revenue: US$5.3 – 5.5 B • EBITDA: US$630 – 650 M • Capex: US$385 – 395 M
Slide 27: CEO Transition
CEO Transition ©Nemak | Public Innovative Ugtveghing
Slide 28: Q&A
Q&A
Slide 29: For more information contact us
For more information contact us at: investors.nemak.com investor@nemak.com