Slide 1: 2021 Fourth Quarter and Full Year Results
2021 Fourth Quarter and Full Year Results Gentherm, Inc. February 17, 2022 Exhibit 99.2
Slide 2: Forward-Looking Statement
Forward-Looking Statement Except for historical information contained herein, statements in this presentation are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Genthe
Slide 3: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures* In addition to the results reported herein in accordance with GAAP, the Company has provided here or elsewhere Adjusted Operating Expense, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted EPS, Free Cash Flow, Net Debt and Revenue excluding the impact of foreign c
Slide 4: Full Year 2021 Highlights
4 Continued strong execution despite challenging environment Significantly outperformed the automotive market Record Automotive revenue $1.6B in new Automotive business awards Expanded our position as a leading supplier in electric vehicle market Record Adjusted EBITDA of $157M Record Free Cash Flow
Slide 5: Automotive 4Q 2021 Highlights
Automotive 4Q 2021 Highlights 5 Continued momentum in Automotive 15 Vehicle launches with 11 OEMs Multiple CCS® product launches Land Rover Range Rover Lincoln Zephyr Nissan Ariya & Pathfinder Infiniti QX60 Launched high voltage cable solution on Rivian Began a new ClimateSense™ development project
Slide 6: New Automotive Business Awards
New Automotive Business Awards 6 Accelerating adoption of Gentherm technologies in Electric Vehicles $540M in awards across 20 OEMs in 4Q 2021 Multiple CCS® awards Cadillac Hongqi Great Wall Honda Kia Xpeng Expanded strong position with one of the largest Electric Vehicle manufacturers with breakthr
Slide 7: Equipping EVs of Today and Tomorrow
Equipping EVs of Today and Tomorrow 7 Digital Intelligence Thermal and Multi-function Electrical Control Unit Advanced Software -Enabling flexible and scalable architectures EV Range Extending Climate Comfort Solutions Neck Conditioner Seat Heat/ Advanced CCS Proprietary Hands-On Detection Steering
Slide 8: New Innovations Brought to Market in 2021
New Innovations Brought to Market in 2021 8
Slide 9: Medical 4Q 2021 Highlights
Medical 4Q 2021 Highlights 9 Well positioned to grow the Medical business Revenue up 17% year over year Continued strong demand for Blanketrol® globally Formed an exclusive partnership with US Med-Equip to increase Blanketrol® sales via the equipment rental market Won multiple ASTOPAD® awards with h
Slide 10: Selected Income Statement Data
Selected Income Statement Data 10 Three Months Ended December 31, Twelve Months Ended December 31, (Dollars in thousands, except per share data)
Slide 11: Selected Balance Sheet Data
Selected Balance Sheet Data 11 (Dollars in thousands)
Slide 12: 2022 Guidance
2022 Guidance Based on the current forecast of customer orders, supply chain constraints, estimated recovery of industry-wide semiconductor supply, light vehicle production in the Company’s key markets growing at a high single-digit rate in 2022 versus 2021. Foreign exchange rate assumed at current
Slide 13: Appendix
ill) GENTHERM
Slide 14: Reconciliation of Adjusted EBITDA and Adjusted EBITDA Margin
Reconciliation of Adjusted EBITDA and Adjusted EBITDA Margin 14 Three Months Ended December 31, Twelve Months Ended December 31, (Dollars in thousands)
Slide 15: Reconciliation of Adjusted EPS
Reconciliation of Adjusted EPS 15 Three Months Ended December 31, Twelve Months Ended December 31,
Slide 16: Gentherm - Technology to the next degree
(())) GENTHERM Technology to the next degree™