Nexteer Automotive Group Limited · HKEX:1316
Nexteer Automotive — H1 2026 Earnings Presentation
22 slides from Nexteer Automotive's earnings presentation, Aug 12, 2026
Slide 1: 2026 Interim Results Announcement
2026 INTERIM RESULTS ANNOUNCEMENT 12 August 2026 Copyright 2026, Nexteer Automotive Corporation. All rights reserved. 1 CONFIDENTIAL
Slide 2: Safe Harbor Statement
Safe Harbor Statement These materials have been prepared by Nexteer Automotive Group Limited (“Nexteer” or the “Company”) and are being furnished to you solely for informational purposes. The information contained in these materials has not been independently verified. NO REPRESENTATION OR WARRANTY
Slide 3: Business Overview
BUSINESS OVERVIEW Mr. Robin Milavec President, Global Chief Operating Officer & Executive Board Director 3 CONFIDENTIAL
Slide 4: 2026 1H Business Highlights - Overview
2026 1H Business Highlights - Overview Record $2.3B 28 $3.3B $263M $109M Total Program New Adjusted Free Cash Flow Revenue Launches Bookings EBITDA Achieved record Strong new Incl. 1st REPS Half-year profit Strong cash first half revenue program win in EU and a reaches six-year generation launches i
Slide 5: New Program Launches
New Program Launches 2026 1H Overview Major Programs Launch in 1H 28 Program Launches 2 Li Auto L9 SbW, Halfshafts Robotaxi SbW Xpeng MONA L03 CEPS SbW Programs in Production 1st HO CEPS Launch in China GAC Aistaland GT7 BYD Yuan PLUS Changan Nevo Q05 DPEPS CEPS 1st CEPS Program Launch at Thailand P
Slide 6: New Business Award - 1H 2026
New Business Award - 1H 2026 Key Highlights Bookings* Bookings Composition ($ in billions) ($ in billions) ▪ SbW program wins with another Chinese OEM, 14% including HWA and RWA ~$6.0B 34% 46% 14% $3.3B $3.3B ▪ Secured the first REPS $26.4 $3.3B 72% program in EMEASA $1.7B EPS 20% N. America Driveli
Slide 7: Steer-by-Wire: Global Development Moving Into Production
Steer-by-Wire: Global Development Moving Into Production Bookings secured across North America, Europe and APAC – offering early proof points for Nexteer’s Motion-by-Wire growth platform 8* 7 3 Customers Secured Programs Regions Award SOP Proof point Scaled adoption High-Mount Direct Drive Steer-by-
Slide 8: Nexteer's Digital Transformation Strategy
Nexteer’s Digital Transformation Strategy Advancing AI, Digital Manufacturing and Automation 8
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Slide 10: Financial Update
FINANCIAL UPDATE Mr. Mike Bierlein Senior Vice President, Chief Financial Officer 10 CONFIDENTIAL
Slide 11: 1H 2026 Financial Observations
1H 2026 Financial Observations Achieved Record 1st Half Revenue of $2.3B Outpacing the Market by 180 bps EBITDA Growth of 14.1% YoY and Margin Expansion of 100 bps ▪ Continued operating performance improvements ▪ Favorable exchange rates driven by strengthening RMB and Euro compared to USD Positive
Slide 12: 1H 2026 Key Financial Metrics
1H 2026 Key Financial Metrics ($ in millions) Revenue EBITDA Net Profit* Free Cash Flow +3.9% 14.1% +35.2% $2,329 $109 $2,242 $263 $86 $230 $63 16.0% 15.8% $37 10.3% 11.3% 2.8% 3.7% 1H 2025 1H 2026 1H 2025 1H 2026 1H 2025 1H 2026 1H 2025 1H 2026 Improving YoY in All Key Financial Metrics * Net Profi
Slide 13: 1H 2026 Revenue Bridge
1H 2026 Revenue Bridge ($ in millions) Total Revenue YoY Revenue Drivers 3.9% $18 $2,329 $59 $10 $2,329 $2,242 $2,242 $87 1H 2025 1H 2026 1H 2025 Fx Commodity VPO* 1H 2026 * VPO: Volume, Pricing & Others 13
Slide 14: 1H 2026 Revenue Growth Outpacing Market
1H 2026 Revenue Growth Outpacing Market Global N. America EMEASA APAC 0.8% YoY* 2% YoY 3% YoY (1%) YoY 1.8% GoM** 2% GoM 6% GoM 0% GoM Total Adjusted Revenue Growth vs. 1H 2025 Outperformed Market 180 bps, +1.8% * Adjusted revenue growth excludes foreign exchange and commodity ** Growth-over-market
Slide 15: 1H 2026 Financial Results
1H 2026 Financial Results ($ in millions) Revenue by Region Total Revenue Regional Distribution (structural %) (growth %) $2,329 NA APAC EMEASA $2,242 19% 18% $1,138 +$31 $1,169 +$27 $708 +$32 +$14 $447 $687 $401 ($6) 31% 30% +2.7% +3.2% +11.6% 51% 50% 1H 2025 1H 2026 1H 2025 V/P/O * 1H 2026 1H 2025
Slide 16: EBITDA Bridge – 1H 2026 vs 1H 2025
EBITDA Bridge – 1H 2026 vs 1H 2025 ($ in millions) EBITDA YoY EBITDA Drivers (% of revenue) +14.1% $15 $263 $263 $8 $11 $230 $4 ($5) $230 Mexico: ($7M) All Other: $18M +$33 10.3% 11.3% 1H 2025 1H 2026 1H 2025 Volume Fx Tariff Electrical Outage Other 1H 2026 Margin Profile Improved as Performance, FX
Slide 17: EBITDA and Margin Performance by Region
EBITDA and Margin Performance by Region ($ in millions) NA APAC EMEASA (% of revenue) (% of revenue) (% of revenue) $116 $120 $55 $86 $86 $35 7.6% 7.3% 16.9% 16.9% 8.8% 12.2% 1H 2025 1H 2026 1H 2025 1H 2026 1H 2025 1H 2026 Margin Impacted by Strong Performance Continued Operating Unfavorable Fx and
Slide 18: EBITDA to Net Profit Bridge
EBITDA to Net Profit Bridge ($ in millions) 1H 2025 1H 2026 EBITDA $ 230 $ 263 ▪ D&A Increase includes $3M Fx, $3M Customer Recovery received in 2025 and - D&A Expense 137 147 $4M related to investments for growth Operating Profit $ 93 $ 116 ▪ JV Earnings comprised of Chongqing operations + Share of
Slide 19: 1H 2026 Free Cash Flow / Balance Sheet
1H 2026 Free Cash Flow / Balance Sheet ($ in millions) Dec2025 Dec 2025 Dec2026 Jun 2026 Cash and Capital 1H 2025 1H 2026 Gross Debt $ 50 $ 51 Finance Leases 37 30 Less: Cash 501 597 Net Debt / (Cash) $ (414) $ (516) Total Equity $ 2,159 $ 2,206 ($153) Total Net Capital $ 1,745 $ 1,691 $262 Net Debt
Slide 20: Consecutive Revenue and EBITDA Growth
Consecutive Revenue and EBITDA Growth ($ in millions) $4,276 $4,584 $4,207 $2,329 Revenue 2023 2024 2025 1H 2026 2H 2026e $424 $472 $347 $263 EBITDA (% of revenue) 8.2% 9.9% 10.3% 11.3% 2023 2024 2025 1H 2026 20
Slide 21: 2026 Considerations
2026 Considerations On Track to Achieve Record Revenue and Continued Above-Market Growth Continued Momentum with Improving Operating Performance Actively Engaging with OEMs on Tariff Reimbursement, NA EV Recoveries, and Commodity Costs Further SbW Program Launches Imminent This Year Bookings on Tra
Slide 22: Strategy for Profitable Growth
Strategy for Profitable Growth Expand Strengthen Capitalize on Optimize Cost Pursue Select Target China & Diversify Technology Megatrend & Structure Acquisitions & Emerging Revenue Base Leadership Portfolio Alignment & Alliances Markets A well-defined plan to drive stakeholder value 22
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