Garrett Motion Inc. · NASDAQ:GTX

Garrett Motion — Investor Day (May 2026)

88 slides from Garrett Motion's investor day presentation, May 2026

Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation, as well as statements incorporated by reference herein and related comments by our management, contain forward-looking statements within the meaning of the U.S. federal securities laws. All statements other than statements of historical fact, including,
Slide 3: Today's presenters
Today’s presenters Olivier Rabiller Sean Deason Craig Balis President & Chief Executive Officer SVP & Chief Financial Officer SVP & Chief Technology Officer 30 Years of Industry Experience 27 Years of Industry Experience 27 Years of Industry Experience 24 Years at Garrett / Honeywell 5 Years at Garr
Slide 4: Garrett: differentiated, superior performance ahead
Garrett: differentiated, superior performance ahead START TIMING TOPIC PRESENTER 8:30 am 30 min Breakfast 9:00 am 90 min Welcome to Garrett Cyril Grandjean Overview and road ahead Olivier Rabiller Technology differentiation Craig Balis Zero Emission Technologies in mobility Nils Martens Industrial o
Slide 7: High performance leader & innovation powerhouse
High performance leader & innovation powerhouse Key 2025 figures 2025 sales breakdown Technology offerings By end-use Emission Reduction #1 14.2% Aftermarket 14% Passenger Vehicles (PV) Commercial Vehicle and Industrial Global turbo player1 Adjusted EBIT margin4 Industrial 4% Commercial Vehicles (CV
Slide 8: Accelerating a diversified, long-term growth portfolio
Accelerating a diversified, long-term growth portfolio Propelling growth Expanding further into Industrial compression >5% CAGR expected over next 10 years Energy infrastructure, HVAC & air compression Powering a differentiated technology portfolio Leading a resilient turbo industry1 ~$1B sales beyo
Slide 9: Propelling diversified growth, planned ~$5B by 2030
1 / Propelling diversified growth, planned ~$5B by 2030 Garrett sales by technology Garrett sales by end-use $ Billions $ Billions CAGR CAGR >6B >6B • ~$1B expected from Zero >5% >5% Emission Technologies by 2030, ~$2.5B by 2035 Zero ~5B Emission ~5B Passenger Technologies Vehicles • New product lau
Slide 10: Powering a differentiated technology portfolio
2 / Powering a differentiated technology portfolio • Developed unique capabilities >1,300 in five differentiated Engineers technology pillars • Continue to innovate in turbo, both expanding and deepening portfolio ~1,350 • Leveraging technology Patents and patents pending modularity to quickly expan
Slide 11: Ramping up in Zero Emission Technologies for mobility
3 / Ramping up in Zero Emission Technologies for mobility E-Powertrain E-Powertrain E-Cooling Fuel Cell PV CV Compressor Compressor >60% Garrett technologies of 2030 ZET sales expected to come High-speed from light commercial vehicles (LCV), turbo-compressors commercial vehicles (CV) & industrial Oi
Slide 12: Expanding further in HVAC & Industrial compression
4 / Expanding further in HVAC & Industrial compression >$500M Targeted 2030 Industrial sales >20% Industrial sales CAGR expected over the next decade ~$9B • Developing in the Industrial space with automotive scale and quality Estimated addressable industry1 by 2035 • Industrial turbo growth expected
Slide 13: Garrett Turbo sales expected to be higher in 2035 than today
5 / Garrett Turbo sales expected to be higher in 2035 than today Turbo technology evolution #1 Global turbo player1 Wastegate Variable Nozzle Double Axle VNT Large Free-Float Turbine (VNT) Turbo portfolio expansion >50% Turbo average new business win rate2 since 2018 E-Compressor E-Turbo Garrett MEG
Slide 14: Consistently delivering through best-in-class performance
6 / Consistently delivering through best-in-class performance Delivering best in class performance across cycles Adj. EBIT1 and margin1 <5% $ Millions $531 $510 $560 RD&E % of sales $475 $485 14.9% <3% 13.2 13.7 14.0% 14.0% 14.2% CAPEX % of sales ~75% Adj. FCF1 2022 2023 2024 2025 2026E Adjusted FCF
Slide 15: Transforming relentlessly
6 / Transforming relentlessly Sales mix1 Product content2 Capabilities3 2018 Aftermarket Other Gas VNT Electrical 9% Diesel 3% CV & Industrial • Driving major transformation since spin-off 25% Mechanical Gasoline • Growth in gasoline offset diesel decline • Led the shift to gas VNT 2025 Other • Broa
Slide 16: Expanding portfolio across multiple industries & applications
Expanding portfolio across multiple industries & applications Industrial Commercial Vehicles Passenger Vehicles Turbo E-Powertrain E-Cooling Compressor Air & Fuel Cell Compressor © 2026 Garrett Motion Inc. 16
Slide 18: A differentiated technology powerhouse, accelerating
A differentiated technology powerhouse, accelerating >1,300 • Mastering jet engine tech in high-speed turbo, 70 years of leadership • Pushing technology boundaries and engineering efficiency with advanced tools Engineers • Developing unique capabilities in differentiated technology pillars ~1,350 Hi
Slide 19: Aerospace technology at automotive scale
Aerospace technology at automotive scale Mastering jet engine technology Air compressed up to 6x 2x the speed of sound into the engine Aerodynamics Compressor wheel tip speed more than 1300mph 20x faster than a F1 engine Rotordynamics Shafts and bearings spinning up to 300,000 RPM 7x thinner than hu
Slide 20: Pushing technology boundaries
Pushing technology boundaries Example of advanced simulation and AI tools New designs & High fidelity simulation of compressor aerodynamics Combined inverter thermal and fluid flow simulation Agentic design of gas passage Leading optimized performance performance and Robust product durability techno
Slide 21: Leading innovation in turbo
Leading innovation in turbo High-speed turbo-compressor technology leader ~5,000 • aerodynamics compressor and • rotordynamics turbine wheel designs • bearings • balancing • materials ~100 Garrett MEG shaft and bearing sizes a and designs • Superior performance vs. competitors • 12 months from start
Slide 22: Powering new products with differentiated technologies
Powering new products with differentiated technologies Why it is difficult to master Why Garrett leads High-speed 300,000 RPM, 1900F, 1/10,000th inch precision, Industry leader with 70-year track record turbo-compressors ~60,000/day production volume of innovation and widest portfolio Oil-free foil
Slide 23: Leveraging technology pillars for rapid portfolio expansion
Leveraging 5 technology pillars for rapid portfolio expansion Vehicles Industrial E-Powertrain E-Powertrain E-Cooling Fuel Cell E-Cooling Air PV CV Compressor Compressor Compressor Compressor Garrett technologies High-speed turbo-compressors Oil-free foil bearings High-speed electric motors High-spe
Slide 24: Driving technology synergies across Industrial products
Driving technology synergies across Industrial products Automotive Fuel Cell Industrial Air Industrial E-Cooling Compressor Compressor Compressor High-speed turbocompressors Oil-free foil bearings High-speed electric motors High-speed power electronics Advanced control software © 2026 Garrett Motion
Slide 25: Bridging into Industrial
Bridging into Industrial Industrial E-cooling compressor Turbo-compressor aerodynamics, rotordynamics, Built-up using unique portfolio Turbo & balancing, materials E-Turbo and proven capabilities Software platform for advanced controls Fuel Cell Foil bearing design and manufacturing Compressor Prove
Slide 26: Transforming RD&E at scale
Transforming RD&E at scale Fueled by • Turbo & Internal Combustion Built best-in-class capabilities through disciplined growth Engine (ICE) engine maturity Engineers working on ~500 electrical products Fewer, larger turbo programs with lower RD&E spend per unit volume ~50% Internal re-skilling ~60 ~
Slide 27: Zero Emission Technologies for mobility
Zero Emission Technologies for mobility Nils Martens © 2026 Garrett Motion Inc.
Slide 28: Expanding portfolio across multiple industries & applications
Expanding portfolio across multiple industries & applications Industrial Commercial Vehicles Passenger Vehicles Turbo E-Powertrain E-Cooling Compressor Air & Fuel Cell Compressor © 2026 Garrett Motion Inc. 28
Slide 29: Expanding portfolio across multiple industries & applications
Expanding portfolio across multiple industries & applications Industrial Commercial Vehicles Passenger Vehicles Turbo E-Powertrain E-Cooling Compressor Air & Fuel Cell Compressor © 2026 Garrett Motion Inc. 29
Slide 30: Zero Emission Technologies for mobility, all products in production by 2027
Zero Emission Technologies for mobility, all products in production by 2027 6+ Anticipated launches by 2027 >60% of expected launches in LCV and CV up to 2030 ~$60B • Focus where customers value technology differentiation Estimated addressable industry1 by 2035 • Full portfolio anticipated to be in
Slide 31: Zero emission portfolio expanding across a wide range of end uses
Zero emission portfolio expanding across a wide range of end uses High PVs performance LCVs Buses Trucks Non-road E-Powertrain PV E-Powertrain CV Mobility Cooling Compressor Fuel Cell Compressor © 2026 Garrett Motion Inc. 31
Slide 32: Differentiated high-speed E-Powertrain: lighter, more powerful
Differentiated high-speed E-Powertrain: lighter, more powerful The Garrett advantage Significant progress and building momentum -30% space & weight — In October 2023 — — Now — 15+ customers engaged 20+ customers engaged -30% material including rare earths, 2 pre-development contracts 2 production aw
Slide 33: Well suited for Commercial Vehicles: Winning with HanDe
Well suited for Commercial Vehicles The higher the power, the bigger the benefits with the Garrett solution Winning with HanDe Real life example in China Benefits GTX vs. OEMs Peak torque [kNm] up to +11% Peak power [kW] up to +50% System weight [kg] up to 100 kg less Leading CV Axle supplier with >
Slide 34: Leading Fuel Cell air compressors with the broadest portfolio
Leading Fuel Cell air compressors (FCC) with the broadest portfolio Garrett unmatched portfolio with top performance, reliability, global coverage Hydrogen in mobility FCC25 FCC15 FCC22 FCC32 40kW 400kW Examples • China scales 1M hydrogen vehicles by 2035 and >4M by 2040 – part of 5-year plan • Japa
Slide 35: Expanding into next generation of mobility cooling
Expanding into next generation of mobility cooling The Garrett advantage Significant progress and building momentum — In October 2023 — — Now (automotive focus only) — Garrett Industry standard “Centrifugal” “Scroll” 20+ Customers engaged 25+ Customers engaged 3 Pre-development contracts 12 Pre-deve
Slide 36: Well suited for Commercial Vehicles: Winning with Cling
Well suited for Commercial Vehicles Higher cooling needs, bigger benefits with the Garrett solution Winning with Cling The Garrett advantage: Electric buses and Trucks example Real life example in China Benefits Garrett vs. Scroll Electricity cost saving1 Up to 10% electricity saving at high ambient
Slide 38: Expanding portfolio across multiple industries & applications
Expanding portfolio across multiple industries & applications Industrial Commercial Vehicles Passenger Vehicles Turbo E-Powertrain E-Cooling Compressor Air & Fuel Cell Compressor © 2026 Garrett Motion Inc. 38
Slide 39: Broadening a differentiated technology portfolio for Industrial
Broadening a differentiated technology portfolio for Industrial >$500M Targeted 2030 Industrial sales >20% Industrial sales CAGR expected over the next decade Power Genset Rooftop Chiller application Industrial Air Compressor • Industrial sales >$100M in 2025 expected to grow to >$850M by 2035 • Tur
Slide 40: Delivering technology differentiation for industrial: Industrial Turbo
Delivering technology differentiation for industrial Industrial Turbo © 2026 Garrett Motion Inc. 40
Slide 41: Fast growing demand for high performance Industrial turbos
Fast growing demand for high performance Industrial turbos Industry insights1 Why Garrett • World energy demand expected to increase +10-12% by 2030 Data center with • AI/Datacenter, power hungry, need 50-100 Genset engines, primary and backup power with 2-4 turbos each • More renewables requires pe
Slide 42: Delivering technology differentiation for industrial: E-Cooling Compressor
Delivering technology differentiation for industrial Industrial E-Cooling Compressor © 2026 Garrett Motion Inc. 42
Slide 43: Disrupting the HVAC industry with game-changing technology
Disrupting the HVAC industry with game-changing technology Industry insights1 Why Garrett • HVAC industry with ~6% CAGR expected • Focus to reduce energy consumption Up to 50% of data center energy used • Shift to ultra-low GWP2 refrigerants – for cooling limitation for scroll technology • Data cent
Slide 44: Covering a broad range of HVAC applications
Covering a broad range of HVAC applications Winning with Trane Battery Energy Computer Room Trane technologies and Garrett Motion Rooftop Units Comfort Storage System Air Conditioning Large Chillers (RTU) Cooling Chillers Collaborate to Advance Ultra High (BESS) (CRAC) Efficiency Commercial HVAC Sol
Slide 45: Bringing superior centrifugal foil bearing technology into HVAC
Bringing superior centrifugal foil bearing technology into HVAC Scroll compressor vs. Garrett centrifugal Garrett’s technology advantage Scroll Garrett Centrifugal • Higher energy efficiency and no degradation • Oil free – no maintenance, worry free vs. • Ultra-low GWP refrigerant compatible • Lower
Slide 46: Delivering technology differentiation for industrial: Air Compressor
Delivering technology differentiation for industrial Industrial Air Compressor © 2026 Garrett Motion Inc. 46
Slide 47: Pioneering oil-free centrifugal air compressors
Pioneering oil-free centrifugal air compressors Winning with Ingersoll Rand Industry insights1 Why Garrett • Air quality is focus in production of food & beverage, pharma, semiconductor, and batteries etc. • Customers request “oil-free by design” to avoid filtering air • Energy efficiency crucial de
Slide 49: Expanding portfolio across multiple industries & applications
Expanding portfolio across multiple industries & applications Industrial Commercial Vehicles Passenger Vehicles Turbo E-Powertrain E-Cooling Compressor Air & Fuel Cell Compressor © 2026 Garrett Motion Inc. 49
Slide 50: Garrett turbo sales expected to be higher in 2035 than in 2025
Garrett turbo sales expected to be higher in 2035 than in 2025 Garrett turbo sales by end-use $ Billions CAGR #1 +4% >$4B Global turbo player1 ~$4B $3.6B Passenger Vehicles PV, LCV >50% Forecast from 2023 Investor Day3 Turbo average new business win rate2 since 2018 On-Highway >60% Non-Road >50% CV,
Slide 51: Resilient turbo industry: >9M more turbos in 2030 vs. 2023 forecast
Resilient turbo industry: >9M more turbos in 2030 vs. 2023 forecast LV turbo industry higher from macros CV & Industrial turbo growth Light Vehicles Battery Electric Vehicles penetration “BEV pen” (%)1 Commercial Vehicles turbocharged engines (Million engines)1 41%2 Garrett Forecast New KGP Forecast
Slide 52: Turbo portfolio expanding over a wide range of end uses
Turbo portfolio expanding over a wide range of end uses High Pure ICE PV Hybrid PV LCV Buses Trucks Non-road Marine Industrial performance LV Turbo Gas Wastegate LV Turbo Gas VNT LV Turbo Mostly in EU Diesel E-Compressor E-Turbo Turbo CV (mostly Diesel, but also Natural Gas, H2 ICE) Large Turbo CV &
Slide 53: Garrett offering the broadest turbo technology portfolio
Garrett offering the broadest turbo technology portfolio Main Turbo Competitors Win case Mercedes-Benz S Class A B C D E F G PV Wastegate PV VNT1 E-Turbo E-Compressor “can now operate almost continuously E-Compressor for a longer period. It now boosts with up to 7.5 kW of electrical power (previousl
Slide 54: Strengthening and expanding turbo portfolio
Strengthening and expanding turbo portfolio Win cases Awarded business Broadening the scope • >50% new business win rate Broadest and growing portfolio for PV, LCV, CV, and Industrial on average since 2018 Existing in 2023 New Silverado 3.0L Diesel • >80% of OEM sales contracted 3 0.7L engine 100L e
Slide 55: Hybrids need advanced turbo tech for highest efficiency
Hybrids need advanced turbo tech for highest efficiency Win case Global advanced hybrids vehicles produced Volkswagen ID.ERA 9X REEV (Million units)1 16Mu 13Mu x2 Range Extended Electric Vehicles (REEV) / Series Plug-In EV (PHEV) 6Mu Full Hybrid EV (FHEV) Gasoline VNT Launching Gen3 Gas 2025 2030E 2
Slide 56: Technology partner to leading Chinese OEMs
Technology partner to leading Chinese OEMs Ultimate hybrid ICE efficiency requires advanced turbo technology Winning in China across PV, LCV, CV Chinese OEMs are growing domestically and via exports Wave 1: REEV with Garrett Wastegate ~42% BTE1 CV Technology content increasing example: ChangAn Avatr
Slide 57: Turbo Diesel resilient in Light Commercial Vehicles
Turbo Diesel resilient in Light Commercial Vehicles Global and diversified presence in LCV #1 Garrett’s global position1 1.9L 2.0L diesel 2.5L diesel 3.0L diesel 3.0L 6.7L diesel 84% 2.3L diesel 2.0L Expected internal combustion engine penetration on LCV by 20302 2.4L 0.7L 2.2L 3.0L ~99% Turbo penet
Slide 58: Commercial Vehicles growing with favorable macro and long-term trends
Commercial Vehicles growing with favorable macro and long-term trends CV & Industrial turbo Industry recovery and Garrett leading across applications and regions engines industry (Mu)1 favorable macro trends2 Position worldwide3 CAGR • On-highway, construction, agriculture 3% expected to recover fro
Slide 60: Garrett Aftermarket growth
Garrett Aftermarket growth #1 turbo brand1 >65% • Largest installed base of 150M turbos of 2025 Aftermarket sales in • Strong brand, loyal customer base LCV / CV / Industrial • Distribution model dedicated to turbo, with >370 distributors globally >30Y CV and Industrial engine lifecycle 60 1 Afterma
Slide 61: Serving the Garrett turbo growing installed base
Serving the Garrett turbo growing installed base Product offering Typical automotive vs. turbo distribution model Independent Aftermarket Same as Original Equipment (OE) product Reman Cost efficient solution for vehicles over 6Y Reman MaxLife For vehicles over 15Y • Multiple brands • Installed base
Slide 62: Growing beyond turbo replacements
Growing beyond turbo replacements Performance Motorsport Special Applications For Performance Enthusiasts For Pro Racing Teams Recreational Industry Power, Power, and more Power !!! Ferrari F1 Tech partner since 2014 Performance & Durability From 250 to 4000 HP 26 consecutive wins at 24H Le Mans For
Slide 64: Positioned for profitable growth and cash generation
Positioned for profitable growth and cash generation Diversified profitable growth to $5B sales expected by 2030 >5% • Continued share of demand gains from Turbo • $1B of sales expected from Zero Emission Technologies (ZET) Sales CAGR expected for next decade • >50% of Sales expected from LCV/CV/Ind
Slide 65: Addressable industry expansion: expected to grow ~6x by 2035
Addressable industry expansion: expected to grow ~6x by 2035 Industrial Commercial Vehicles Passenger Vehicles ~$2B1 ~$5B1 ~$5B1 Turbo by 2035 by 2035 by 2035 E-Powertrain E-Cooling ~$7B1 ~$11B1 ~$49B1 by 2035 by 2035 by 2035 Compressor Air & Fuel Cell Compressor 1 Addressable industry (revenue pool
Slide 66: 2030 growth profile, targeting $5B by 2030 with >50% from CV / Industrial / AM
2030 growth profile, targeting $5B by 2030 with >50% from CV / Industrial / AM Garrett Sales by end-use $ Billions CAGR >6B >50% >5% Sales from LCV / CV / Industrial / Aftermarket by 2030 ~5B Passenger Vehicles >$500M 3.6B LCV targeted 2030 Industrial sales >50% >20% Industrial Industrial sales CAGR
Slide 67: Average selling price uplift from industry transition
Average selling price uplift from industry transition Core Turbo Tech Advanced Turbo Tech Zero Emission Tech E-Cooling Air & Fuel Cell Wastegate1 VNT E-Turbo E-Powertrain Compressor Compressor Passenger $100-400 x1.3 x3 x7-8 x2-2.5 x4-10 Vehicles2 Average Selling Price (ASP) per Turbo Commercial Veh
Slide 68: Financial performance track record
Financial performance track record Delivering consistent financial performance across cycles Garrett financial framework 2021 to 2026E Adj. EBIT1 and Adj. FCF1 Performance ~75% Adj. EBIT1 $531 $510 $560 Adjusted FCF conversion1 and margin1 $508 $475 $485 $ Millions 14.9% <5% 14.0% 13.7% 14.0% 14.2%
Slide 69: Cost discipline and flexibility for margins and cash generation
Cost discipline and flexibility for margins and cash generation >5% • Lean and process driven with focus on plant & fixed cost reductions Average annual cost productivity • Optimized supply base with >80% purchased from best cost locations >80% • Compact and flexible global footprint with 13 manufac
Slide 70: Superior profitability and cash generation
Superior profitability and cash generation 2025 Adj. EBIT Margin1,3 2025 Adj. EBITDA Margin1,3 2025 Adj. FCF Yield2,3 19.4% 21.6% 7.2% 17.7% 17.4% 14.2% 6.2% 13.2% 2.8% Garrett CV - Broader Garrett CV - Broader Garrett CV - Broader focused Industrials focused Industrials focused Industrials Composit
Slide 71: Additional valuation upside
Additional valuation upside EV1 / 2025 Adj. EBIT2,3 EV1 / 2025 Adj. EBITDA2,3 >50% 20.8x 18.7x Sales expected from LCV / CV / Industrial / Aftermarket by 2030 14.3x 10.8x 10.3x 13.5x >$500M 2030 targeted Industrial sales Garrett CV - Broader Garrett CV - Broader focused Industrials focused Industria
Slide 72: Returning a significant portion of Adj. Free Cash Flow to shareholders
Returning a significant portion of Adj. Free Cash Flow to shareholders Continuous Share Count Reduction1 Million shares outstanding ~75% 333 Targeted Adj. FCF return 264 to shareholders over time 243 238 44% 227 221 215 206 204 202 195 191 188 44% Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec
Slide 74: Accelerating expansion through technology in Commercial Vehicles & Industrial
Accelerating expansion through technology in Commercial Vehicles & Industrial Passenger Commercial Marine, Energy Data Center Building Battery Manufacturing Vehicles Vehicles1 Generation Cooling HVAC Energy Storage Core Garrett portfolio New product ramp-ups New product awarded Customer Testing Turb
Slide 75: Accelerating a diversified, long-term growth portfolio
Accelerating a diversified, long-term growth portfolio Propelling growth Expanding further into Industrial compression >5% CAGR expected over next 10 years Energy infrastructure, HVAC & air compression Powering a differentiated technology portfolio Leading a resilient turbo industry1 ~$1B sales beyo
Slide 76: Diversified growth expected with >5% CAGR for the next 10 years
Diversified growth expected with >5% CAGR expected for the next 10 years >$5B >$500M >50% Annual sales Annual Industrial sales from CV/LCV/Ind/AM expected by 2030 expected by 2030 expected by 2030 >$2B >$2B ~$1B Expected from Zero Targeted Turbo PV Targeted Turbo LCV / CV / Emission Technologies by
Slide 79: Location of the technology exhibits
Location of the technology exhibits On the ground floor: 2. 1. Industrial 1. • Turbo • Compression 2. Aftermarket, Racing & Performance 3. Automotive • E-Powertrain • Mobility Compressor 3. • E-Boosting • Passenger Vehicle Turbo • Commercial Vehicle Turbo © 2026 Garrett Motion Inc. 79
Slide 81: Garrett acronym glossary
Garrett acronym glossary A-H I-Z Acronym Full name / meaning Acronym Full name / meaning AM Aftermarket ICE Internal Combustion Engine ASP Average Selling Price JV Joint Venture BEV Battery Electric Vehicle LCV Light Commercial Vehicles BESS Battery Energy Storage System LV Light Vehicles BTE Brake
Slide 82: Explanatory notes
Explanatory notes Charts on Slide 70-71: CV-focused: Allison Transmission, Cummins, Gates, Knorr Bremse, SAF-Holland Broader Industrials: Accelleron, Carrier, Johnson Controls, Lennox, SPX, Trane © 2026 Garrett Motion Inc. 82
Slide 83: Addressable industry expansion: expected to grow ~3x by 2030
Addressable industry expansion: expected to grow ~3x by 2030 Industrial Commercial Vehicles Passenger Vehicles ~$2B1 ~$6B1 ~$7B1 Turbo by 2030 by 2030 by 2030 E-Powertrain E-Cooling ~$6B1 ~$5B1 ~$19B1 by 2030 by 2030 by 2030 Compressor Air & Fuel Cell Compressor 83 1 Addressable industry (revenue po
Slide 85: Reconciliation of Net Income to Adjusted EBIT, Adjusted EBITA, Consolidated EBITDA and Related Ratios
Reconciliation of Net Income to Adjusted EBIT, Adjusted EBITA, Consolidated EBITDA and Related Ratios (1) Relates to qualifying expenses such as costs of public company registration, listing and compliance, facility start-up and transition costs and other non-recurring expenses as defined under our
Slide 86: Reconciliation of Cash Flow from Operations to Adjusted Free Cash Flow and Related Ratios
Reconciliation of Cash Flow from Operations to Adjusted Free Cash Flow and Related Ratios © 2026 Garrett Motion Inc. 86
Slide 87: Reconciliation of Net Leverage Ratio and Market Capitalization, Enterprise Value
Reconciliation of Net Leverage Reconciliation of Market Ratio Capitalization, Enterprise Value and Related Ratios (1) Defined as Net debt divided by Consolidated EBITDA (1) Based on 190,556,297 shares of Common Stock outstanding as of December 31, 2025, and the Common Stock closing share price of $2
Slide 88: Garrett
Garrett ADVANCING MOTION www.garrettmotion.com Xinfs8@ | garrettmotion

Garrett Motion — Investor Day (May 2026) on 6ix

Garrett Motion — Investor Day (May 2026)

Slide 1: © 2026 Garrett Motion Inc.

Slide 2: Forward-Looking Statements

Slide 3: Today's presenters

Slide 4: Garrett: differentiated, superior performance ahead

Slide 5: Overview and road ahead

Slide 6: Garrett Mission

Slide 7: High performance leader & innovation powerhouse

Slide 8: Accelerating a diversified, long-term growth portfolio

Slide 9: Propelling diversified growth, planned ~$5B by 2030

Slide 10: Powering a differentiated technology portfolio

Slide 11: Ramping up in Zero Emission Technologies for mobility

Slide 12: Expanding further in HVAC & Industrial compression

Slide 13: Garrett Turbo sales expected to be higher in 2035 than today

Slide 14: Consistently delivering through best-in-class performance

Slide 15: Transforming relentlessly

Slide 16: Expanding portfolio across multiple industries & applications

Slide 17: Technology differentiation

Slide 18: A differentiated technology powerhouse, accelerating

Slide 19: Aerospace technology at automotive scale

Slide 20: Pushing technology boundaries

Slide 21: Leading innovation in turbo

Slide 22: Powering new products with differentiated technologies

Slide 23: Leveraging technology pillars for rapid portfolio expansion

Slide 24: Driving technology synergies across Industrial products

Slide 25: Bridging into Industrial

Slide 26: Transforming RD&E at scale

Slide 27: Zero Emission Technologies for mobility

Slide 28: Expanding portfolio across multiple industries & applications

Slide 29: Expanding portfolio across multiple industries & applications

Slide 30: Zero Emission Technologies for mobility, all products in production by 2027

Slide 31: Zero emission portfolio expanding across a wide range of end uses

Slide 32: Differentiated high-speed E-Powertrain: lighter, more powerful

Slide 33: Well suited for Commercial Vehicles: Winning with HanDe

Slide 34: Leading Fuel Cell air compressors with the broadest portfolio

Slide 35: Expanding into next generation of mobility cooling

Slide 36: Well suited for Commercial Vehicles: Winning with Cling

Slide 37: Industrial opportunity

Slide 38: Expanding portfolio across multiple industries & applications

Slide 39: Broadening a differentiated technology portfolio for Industrial

Slide 40: Delivering technology differentiation for industrial: Industrial Turbo

Slide 41: Fast growing demand for high performance Industrial turbos

Slide 42: Delivering technology differentiation for industrial: E-Cooling Compressor

Slide 43: Disrupting the HVAC industry with game-changing technology

Slide 44: Covering a broad range of HVAC applications

Slide 45: Bringing superior centrifugal foil bearing technology into HVAC

Slide 46: Delivering technology differentiation for industrial: Air Compressor

Slide 47: Pioneering oil-free centrifugal air compressors

Slide 48: Turbo leadership

Slide 49: Expanding portfolio across multiple industries & applications

Slide 50: Garrett turbo sales expected to be higher in 2035 than in 2025

Slide 51: Resilient turbo industry: >9M more turbos in 2030 vs. 2023 forecast

Slide 52: Turbo portfolio expanding over a wide range of end uses

Slide 53: Garrett offering the broadest turbo technology portfolio

Slide 54: Strengthening and expanding turbo portfolio

Slide 55: Hybrids need advanced turbo tech for highest efficiency

Slide 56: Technology partner to leading Chinese OEMs

Slide 57: Turbo Diesel resilient in Light Commercial Vehicles

Slide 58: Commercial Vehicles growing with favorable macro and long-term trends

Slide 59: Aftermarket

Slide 60: Garrett Aftermarket growth

Slide 61: Serving the Garrett turbo growing installed base

Slide 62: Growing beyond turbo replacements

Slide 63: The way Garrett delivers

Slide 64: Positioned for profitable growth and cash generation

Slide 65: Addressable industry expansion: expected to grow ~6x by 2035

Slide 66: 2030 growth profile, targeting $5B by 2030 with >50% from CV / Industrial / AM

Slide 67: Average selling price uplift from industry transition

Slide 68: Financial performance track record

Slide 69: Cost discipline and flexibility for margins and cash generation

Slide 70: Superior profitability and cash generation

Slide 71: Additional valuation upside

Slide 72: Returning a significant portion of Adj. Free Cash Flow to shareholders

Slide 73: Closing remarks

Slide 74: Accelerating expansion through technology in Commercial Vehicles & Industrial

Slide 75: Accelerating a diversified, long-term growth portfolio

Slide 76: Diversified growth expected with >5% CAGR for the next 10 years

Slide 77: © 2026 Garrett Motion Inc.

Slide 78: Welcome to the technology exhibit

Slide 79: Location of the technology exhibits