Slide 1: First Quarter 2026 Earnings Call
May 5, 2026 APTIV First Quarter 2026 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 – Total Aptiv
First Quarter Highlights – Total Aptiv OPERATING HIGHLIGHTS FINANCIAL HIGHLIGHTS CONTINUED PORTFOLIO EVOLUTION REVENUE OF $5.1B EDS successfully separated as Versigent (NYSE: VGNT) on April 1; Adjusted growth1 of 1% YoY versus vehicle production2 of (2%) New Aptiv well positioned to strengthen produ
Slide 4: New Aptiv Well Positioned for the Future
New Aptiv Well Positioned for the Future LEADING PROVIDER OF HARDWARE AND SOFTWARE SOLUTIONS ACROSS DIVERSIFIED MARKETS FINANCIAL TARGETS OPERATIONAL METRICS4 BUSINESS MIX 2025-2028E 2025 2025 Automotive 10/10 Engineered Revenue growth1 4-7% Vehicle platforms Components Software & 53% CAGR Commercia
Slide 5: New Aptiv Investment Thesis
New Aptiv Investment Thesis Comprehensive product … Robust operating Translating into an … With additional value portfolio, combined with … model … attractive financial creation through capital profile … allocation Q1 Progress • Piloting perception software • Navigating dynamic macro • Non-Auto reve
Slide 6: New Aptiv New Business Bookings
New Aptiv New Business Bookings SOLID START TO THE YEAR, WITH AWARDS ALIGNED TO KEY STRATEGIC PRIORITIES Lifetime gross program revenues, $ Billions TOTAL BOOKINGS • Q1 up ~15% YoY versus FY-2025 quarterly average • $2.4B in Intelligent Systems • $2.2B in Engineered Components $22 ~$20 $16 LOCAL CHI
Slide 7: Intelligent Systems Highlights
Intelligent Systems Highlights DELIVERING INTELLIGENCE AT THE EDGE ACROSS MULTIPLE INDUSTRIES STRATEGIC PRIORITIES & LAUNCHES AWARDS PROGRESS • Drive software-defined solutions in Auto • Cross-Stack ADAS2: Next-gen interior • Full-Stack ADAS: Expansion award across • $2.1B in Auto bookings; Non-Auto
Slide 8: Engineered Components Highlights
Engineered Components Highlights SCALING EXPANSIVE PORTFOLIO ACROSS DIVERSIFIED INDUSTRIES STRATEGIC PRIORITIES & LAUNCHES AWARDS PROGRESS • Scale existing portfolio across markets • HSCA3: Launches across more than two • EV Busbars: Across global EV sedan and • $2.2B in bookings in Q1; Non-Auto: $0
Slide 9: 1Q 2026 vs. 1Q 2025 – Total Aptiv
1Q 2026 vs. 1Q 2025 – Total Aptiv RECORD FINANCIAL RESULTS IN FINAL QUARTER AHEAD OF EDS SPIN-OFF ($ Millions, except per share amounts) Q1 2026 Fav / (Unfav) COMMENTS • Total Aptiv: Non-Auto +6%; Auto ~Flat REPORTED REVENUE $5,086 $261 • New Aptiv: Non-Auto +9%; Auto (3%) ADJUSTED GROWTH1 1% • AWM2
Slide 10: 1Q 2026 Revenue
1Q 2026 Revenue STRENGTH IN NORTH AMERICA AND ASIA PACIFIC OFFSETTING PRESSURE IN EMEA TOTAL APTIV - REVENUE TOTAL APTIV - REGIONAL GROWTH $ Millions NA EMEA APAC4 1%1 $208 Adj. Growth1 7% (7%) 3% $53 $5,086 Vehicle Production3 (2%) (1%) (4%) $4,825 1Q 25 Sales FX & 1Q 26 Growth ² Commodities NEW AP
Slide 11: 1Q 2026 Segment Recap
1Q 2026 Segment Recap PROGRESS IN KEY STRATEGIC AREAS, PARTIALLY OFFSET BY CUSTOMER / PROGRAM MIX Intelligent Systems Engineered Components Electrical Distribution Systems $ Millions $ Millions $ Millions % of Sales % of Sales % of Sales REVENUE EBITDA2 REVENUE EBITDA2 REVENUE EBITDA2 (1%)1 (5%) 0%1
Slide 12: Balance Sheet
Balance Sheet BALANCE SHEET REMAINS STRONG POST-SPIN Q1 ACTUAL TO PRO FORMA CASH BALANCE WALK TAKEAWAYS $ Billions • $2.1B of debt on Aptiv’s balance sheet moved to Versigent in conjunction with the spin • YTD through April, Aptiv has paid down $2.1B in gross debt: $3.2 EDS ($1.8) • $1.65B from VGNT
Slide 13: 2026 Financial Guidance – Pro Forma New Aptiv
2026 Financial Guidance – Pro Forma New Aptiv MAINTAINING GUIDANCE AMID DYNAMIC MACRO / GEOPOLITICAL ENVIRONMENT ($ Millions, except per share amounts) 2Q 2026 FULL YEAR 2026 REPORTED REVENUE $3,200 – $3,400 $12,800 – $13,200 Adj. Revenue Growth %1 2% 4% EBITDA2 $555 – $605 $2,360 – $2,480 EBITDA ma
Slide 14: Summary / Key Messages
Summary / Key Messages NEW APTIV BETTER POSITIONED TO CAPTURE GROWTH FROM INTELLIGENT EDGE ACROSS DIVERSIFIED INDUSTRIES FOLLOWING SUCCESSFUL SPIN-OFF OF VERSIGENT INCREASINGLY RELEVANT PRODUCT PORTFOLIO AND OPERATING MODEL DRIVING DIVERSIFICATION ACROSS INDUSTRIES AND REGIONS CONTINUING TO NAVIGATE
Slide 15: Appendix
15 Q1 2026 Earnings | May 5, 2026 | Aptiv
Slide 16: FY 2026 Revenue and EBITDA Guidance
FY 2026 Revenue and EBITDA Guidance REVENUE ADJ. EBITDA MARGIN3 $ Billions $ Millions 4% Adj 1 (10BPS) 30BPS (60BPS) 20BPS $0.1 $0.5 $13.0 18.7% 18.6% $12.4 2025 Sales FX & 2026E 2025 Sales Performance, FX & 2026E Growth ² Commodities Growth² Net Labor Econ Commodities 1. Revenue growth excludes imp
Slide 17: 2026 New Aptiv Key FX & Commodity Exposures
2026 New Aptiv Key FX & Commodity Exposures Foreign Exchange / Exposure Sensitivity Commodity Exposure exists on both revenue and costs, which mitigates margin impact, but extent to which EUR / CNY / KRW / INR Largely Translational depends on specific currency/region, along with some balance sheet e
Slide 18: Non-US GAAP Financial Metrics: Adjusted Growth & Revenue Detail
Non-US GAAP Financial Metrics: Adjusted Growth & Revenue Detail 1Q 2026 Reported net sales % change 5% Less: foreign currency exchange and commodities 4% Adjusted revenue growth 1% 1Q 2026 Reported Revenue Growth 5% Intelligent Systems Revenue Growth 1% Engineered Components Reported Revenue Growth
Slide 19: Non-US GAAP Financial Metrics: Adjusted EBITDA
Non-US GAAP Financial Metrics: Adjusted EBITDA – Total Aptiv and Pro Forma New Aptiv ($ millions) Q1 2026 Q1 2025 Net income (loss) attributable to Aptiv 189 (11) Interest expense 89 93 Income tax expense 81 356 Net income attributable to noncontrolling interest 3 1 Net loss attributable to redeemab
Slide 20: Non-US GAAP Financial Metrics: Adj. NI Per Share
Non-US GAAP Financial Metrics: Adj. NI Per Share – Total Aptiv ($ millions, except per share amounts) Q1 2026 Q1 2025 Net income (loss) attributable to Aptiv 189 (11) Adjusting items: Amortization 53 51 Restructuring 62 37 Separation costs 57 19 Other acquisition and portfolio project costs 7 7 Asse
Slide 21: Non-US GAAP Financial Guidance Metrics: Adjusted EBITDA and Free Cash Flow
Non-US GAAP Financial Guidance Metrics: Adjusted EBITDA and Free Cash Flow – PF New Aptiv ($ millions) 2Q 20261 Pro Forma 20261 Net income attributable to Aptiv 160 870 Interest expense 60 270 Income tax expense 40 210 Net loss attributable to noncontrolling interest (a) - (5) Depreciation and amort
Slide 22: Non-US GAAP Financial Guidance Metrics: Adjusted NI Per Share
Non-US GAAP Financial Guidance Metrics: Adjusted NI Per Share – Pro Forma New Aptiv ($ millions, except per share amounts) 2Q 20261 Pro Forma 20261 Net income attributable to Aptiv 160 870 Adjusting items: Amortization 50 210 Restructuring 35 115 Other acquisition and portfolio project costs, includ
Slide 23: Q1 2026 Earnings | May 5, 2026 | Aptiv
23 Q1 2026 Earnings | May 5, 2026 | Aptiv