Continental Ag · XETR:CON
Continental — Q2 2026 Earnings Presentation
27 slides from Continental's earnings presentation, Aug 4, 2026
Slide 1: Q2 2026 Results
Q2 2026 Results Hanover – August 4, 2026 Ticker: CON ADR-Ticker: CTTAY Christian Kötz – CEO http://www.continental-ir.com Roland Welzbacher – CFO Public
Slide 2: Agenda
Agenda 1 Group Highlights 3 2 Tires 6 3 ContiTech 10 4 Cash Flow and Balance Sheet 11 5 Outlook 2026 13 6 Back-up and Fact Sheets 2025 — Q2 2026 17 2 Public
Slide 3: ContiTech Sale Contractually Agreed, Fully in Line With Planned Timing
01 | Group Highlights ContiTech Sale Contractually Agreed, Fully in Line With Planned Timing CONTITECH SIGNING ContiTech FY 2025 (excl. OESL) Transaction Details Use of ~€3.1 bn Cash Proceeds €4.4 bn › Continental signed the sale Options for shareholder returns: Sales agreement for its ContiTech gro
Slide 4: Congratulations to Tadej Pogačar
› Congratulations to Tadej Pogačar on his 5th Tour de France title and cementing his place among cycling's all-time greatest. › We're proud to ride alongside greatness and celebrate with him his historic win, achieved on Continental tires. 4 Public
Slide 5: Solid Price/Mix and Raw Material Tailwind Resulted in Earnings and Adjusted FCF Improvements
01 | Group Highlights Solid Price/Mix and Raw Material Tailwind Resulted in Earnings and Adjusted FCF Improvements EXECUTIVE SUMMARY Q2 2025 Q2 2026 › Organic growth of -0.3%; impact from FX of +0.2%; sales decline Sales €4,856 mn €4,413 mn mainly due to sale of OESL Adjusted EBIT1 €422 mn €570 mn ›
Slide 6: Margin Improvement Thanks to Strong Performance by Tires in a Challenging Market Environment
01 | Group Highlights Margin Improvement Thanks to Strong Performance by Tires in a Challenging Market Environment GROUP SECTOR SALES AND ADJUSTED EBIT1 – Q2 2026 Sales (€ mn) Adjusted EBIT1 (€ mn) Group Tires ContiTech Group Tires ContiTech -0.3% 4,856 4,413 +0.3% OESL 12.9% 15.3% 3,332 3,326 9.6%
Slide 7: Light Vehicle OE Markets Remain Soft; European Replacement Growth Driven by Increasing Imports
02 | Tires Light Vehicle OE Markets Remain Soft; European Replacement Growth Driven by Increasing Imports PLT MARKET DEVELOPMENT YEAR-ON-YEAR Light Vehicle Production PLT Replacement Market 1 2 1 Europe North America China Worldwide Europe North America China 15% 11% 5% 5% 4% 3% 3% 3% 3% 2% 2% 2% 0%
Slide 8: North American Commercial Vehicle Production Turns the Corner amid Mixed Market Developments
02 | Tires North American Commercial Vehicle Production Turns the Corner amid Mixed Market Developments TT MARKET DEVELOPMENT YEAR-ON-YEAR Commercial Vehicle Production TT Replacement Market 1 1 Europe North America Europe North America 22% 18% 13% 10% 10% 10% 7% 5% 3% 2% 1% -2% -2% -4% -10% -18% -1
Slide 9: Robust Price/Mix and Raw Material Tailwind Resulted in Expected Margin Improvement in Soft Volume
02 | Tires Robust Price/Mix and Raw Material Tailwind Resulted in Expected Margin Improvement in Soft Volume Environment TIRES SALES AND ADJUSTED EBIT1 – Q2 2026 Sales (€ mn) Adjusted EBIT1 (€ mn) Sales › Impact from FX: 0.0% +0.3% › Volumes: -2.3%; subdued PLT OE demand in EMEA and soft markets in
Slide 10: Profitable Organic Growth in EMEA and APAC on Strong UHP Performance
02 | Tires Profitable Organic Growth in EMEA and APAC on Strong UHP Performance; Sequential Stabilization in Americas TIRES SALES (€ MN) BY REGION – Q2 2026 AMERICAS EMEA APAC +2.4% -3.4% 1,703 1,728 1,157 1,106 +1.7% 472 492 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2 2026 › Impact from FX: -1.0% ›
Slide 11: ContiTech Delivers Solid Results in Difficult Markets Thanks to Improvement Measures
03 | ContiTech ContiTech Delivers Solid Results in Difficult Markets Thanks to Improvement Measures CONTITECH SALES AND ADJUSTED EBIT1 – Q2 2026 Sales (€ mn) Adjusted EBIT1 (€ mn) Sales › Impact from FX: +0.5% -3.7% › Decrease mainly driven by sale of OESL as well as the continuously challenging vol
Slide 12: Positive Adj. Free Cash Flow Driven by Improved Operational Performance, WCAP Development and Capex
04 | Cash Flow and Balance Sheet Positive Adj. Free Cash Flow Driven by Improved Operational Performance, WCAP Development and Capex Phasing ADJUSTED FREE CASH FLOW1 BRIDGE – Q2 2026 Operating Cash Flow 66 216 95 › EBITDA improved, mainly driven by a better -2 operational performance by Tires › Work
Slide 13: Working Capital in Line with Typical Seasonality and Sales Development; Net Debt Slightly Up
04 | Cash Flow and Balance Sheet Working Capital in Line with Typical Seasonality and Sales Development; Net Debt Slightly Up Due to Dividend Payment BALANCE SHEET DEVELOPMENT Working Capital (absolute and as % of Sales) Net Indebtedness and Leverage Ratio1, 2 6,316 7,000 6,000 6,054 5,514 4,803 4,9
Slide 14: Volumes Expected to Remain Unsupportive in Challenging and Uncertain Market Conditions
05 | Outlook 2026 Volumes Expected to Remain Unsupportive in Challenging and Uncertain Market Conditions MARKET OUTLOOK 2026 Passenger Cars Commercial Industrial & Light Trucks Vehicles Production Light Vehicle Commercial Vehicle in units (vs. prior year) PLT RE TT RE Production Production 6M 2026E
Slide 15: Guidance Reflects Continuing Operations with Unchanged Underlying Expectations for Operational Business
05 | Outlook 2026 Guidance Reflects Continuing Operations with Unchanged Underlying Expectations for Operational Business GUIDANCE – FY 2026 Adjusted to 2026E continuing operations Continental Group consolidated sales Around €13.2 bn – €14.2 bn Adj. EBIT1 margin Around 12.0% – 13.5% Tires sales Arou
Slide 16: Q&A
Q&A 16 Public
Slide 17: Disclaimer
Disclaimer › This presentation has been prepared by Continental Aktiengesellschaft solely in connection with the Analyst and Investor Call on August 4, 2026, and the subsequent analyst and investor meetings. It has not been independently verified. It does not constitute an offer, invitation or recom
Slide 18: Back-Up
Back-Up 18 Public
Slide 19: Capex, Depreciation and Earnings per Share
06 | Back-up and Fact Sheets 2025 – Q2 2026 Back-Up CAPEX, DEPRECIATION AND EARNINGS PER SHARE – Q2 2026 Capex, Depreciation and PPA1 (€ mn) EPS excl. PPA1, 2 (€) EPS reported PPA1 per share after tax2 EPS excl. PPA1, 2 353 1.37 0.02 1.39 260 246 229 7.3% 12 5.2% 6 Q2 2025 Q2 2026 ■ Capex (PPE & sof
Slide 20: Relevant Bonds
06 | Back-up and Fact Sheets 2025 – Q2 2026 Back-Up RELEVANT BONDS Issuer Continental AG Continental AG Continental AG Continental AG Continental AG Continental AG Continental AG Current rating (issuer) BBB (S&P1), BBB (Fitch2), Baa2 (Moody’s3) Issue Senior Notes Principal amount €750 mn €500 mn €62
Slide 21: Fact Sheets
Fact Sheets 2025 – Q2 2026 21 Public
Slide 22: Sales and Adjusted EBIT by Quarter
06 | Back-up and Fact Sheets 2025 – Q2 2026 Fact Sheets SALES AND ADJUSTED EBIT1,2 BY QUARTER 2025 2026 2025 2026 Sales in € millions adj. EBIT¹ in € millions Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Tires 3,412 3,332 3,495 3,558 13,798 3,253 3,326 Tires 457 403 512 519 1,
Slide 23: EBITDA and EBIT by Quarter
06 | Back-up and Fact Sheets 2025 – Q2 2026 Fact Sheets EBITDA AND EBIT1 BY QUARTER 2025 2026 2025 2026 EBITDA in € millions EBIT in € millions Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Tires 650 563 688 694 2,595 662 621 Tires 449 364 488 474 1,776 462 419 ContiTech 82 124
Slide 24: Reported and Adjusted Q2 26 Results
06 | Back-up and Fact Sheets 2025 – Q2 2026 Fact Sheets REPORTED AND ADJUSTED Q2 2026 RESULTS € millions Tires ContiTech Other/ Hold./ Cons. Group Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Sales 3,332 3,326 1,560 1,100 -37 -13 4,856 4,413 EBIT2 364 419 55 68 -86 -34 334 453 in
Slide 25: Financial Calendar and Upcoming Investor Meetings
06 | Back-up and Fact Sheets 2025 – Q2 2026 Calendar FINANCIAL CALENDAR AND UPCOMING INVESTOR MEETINGS 2026 Full-Year Results March 4, 2026 › Virtual Roadshow Q2 2026 (CEO) August 5, virtual Annual Shareholders’ Meeting April 30, 2026 › Commerzbank and ODDO BHF Corporate Conference Q1 Quarterly Stat
Slide 26: Contact
06 | Back-up and Fact Sheets 2025 – Q2 2026 Contact INVESTOR RELATIONS Continental-Plaza 1 30175 Hanover | Germany e-mail: ir@conti.de fax: +49 511 938 1080 www.continental-ir.com Max Westmeyer Fabio Hölscher Andrea Kraft Head of Investor Relations Senior Manager Investor Relations Senior Manager In
Slide 27: References
06 | Back-up and Fact Sheets 2025 – Q2 2026 References USEFUL LINKS TO CONTINENTAL WEBSITES Investor Relations Presentations Events Finance Calendar Sustainability Integrated Sustainability Report Corporate Governance Principles Corporate Governance Presentation Financial Reports Shares Debt and Rat