Nexteer Automotive Group Limited · HKEX:1316
Nexteer Automotive — H1 2025 Earnings Presentation
21 slides from Nexteer Automotive's earnings presentation, Aug 13, 2025
Slide 1: 2025 Interim Results Announcement
ELECTRIC POWER STEERING & STEER-BY-WIRE COLUMNS & INTERMEDIATE SHAFTS DRIVELINE SYSTEMS BRAKE-BY-WIRE 2025 SOFTWARE Interim Results Announcement HYDRAULIC POWER 13 August 2025 STEERING Copyright 2025, Nexteer Automotive Corporation. All rights reserved. 1
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: 2025 1H Business Overview / Financial Review
2025 1H Business Overview Robin Milavec, Executive Board Director, President, Chief Technology Officer and Chief Strategy Officer 2025 1H Financial Review / 2H Considerations Mike Bierlein, Senior Vice President and Chief Financial Officer 3
Slide 4: 2025 1H Business Overview
2025 1H Business Overview Launched 31 New Customer Programs Across All Regions 23 represented new or conquest business, including 1st DPEPS launch in China Secured $1.5B of New Bookings for the First Half of 2025 Continuous Business Expansion with Chinese customers, Plus 1st Rear-Wheel Steer
Slide 5: New Program Launches
New Program Launches 2025 1H Overview Major Programs Launch in 1H 31 Program Launches Zeekr 007GT Fiat Panda / Opel Frontera / Citroen C3 Aircross Xiaomi YU7 DPEPS, Halfshafts mCEPS REPS 1st DPEPS launch in APAC 1st BYD Sealion 06 Xpeng G9 GAC Hyper HL mCEPS launch in EMEASA CEPS REPS REPS 24 Launch
Slide 6: New Business Award - 1H 2025
New Business Award - 1H 2025 Key Highlights Bookings* Bookings Composition ($ in billions) ($ in billions) Continued Strong Booking Wins with Chinese OEMs, including 8% 23% Business Expansion in ~$5.0B 23% Indonesia and Brazil $1.5B 47% $1.5B Significant Power Columns Win $26.4 $1.5B 69% 30% wit
Slide 7: Competitiveness Motion-by-Wire
Accelerates Tech Leadership, Anticipates Trends & OEM 1H 2025 Tech Announcements Motion-by-Wire MotionIQ SbW RWS EMB Software Suite Competitiveness Maximum Power to Balance PERFORMANCE, PRICE & SPEED for every vehicle, every market. High-Output CEPS (Completes HO Suite) DL Innovations 7
Slide 8: MotionIQ
MotionIQ Nexteer’s suite of intelligent motion control software MotionIQ/Control MotionIQ/Health MotionIQ/Dev Advanced Vehicle Dynamics Vehicle Health Management Advanced Software Tools - Functions transform safety, Functions enable smarter, data- backed by Nexteer’s systems performance & driving co
Slide 9: Strategic Footprint Expansion in Asia Pacific
Strategic Footprint Expansion in Asia Pacific Capitalize on growth momentum across China & broader APAC region Changshu Facility Grand opening in Jan 2025 Total land area is over 90,000m2 Product line: REPS, DPEPS, SbW, RWS, EMB Supplement of APAC Technical Center Changshu, Liuzhou Facility
Slide 10: 2025 1H Business Overview / Financial Review
2025 1H Business Overview Robin Milavec, Executive Board Director, President, Chief Technology Officer and Chief Strategy Officer 2025 1H Financial Review / 2H Considerations Mike Bierlein, Senior Vice President and Chief Financial Officer 10
Slide 11: 1H 2025 Financial Observations
1H 2025 Financial Observations Achieved Record 1st Half Revenue of $2.2B Increasing by 6.8% Compared to Prior Year - Driven by Continued Growth in APAC with the COEMs EBITDA Growth of 16.8% YoY and Margin Expansion of 90 bps Increased revenue, enhanced efficiency and performance driving margin e
Slide 12: 1H 2025 Key Financial Metrics
1H 2025 Key Financial Metrics ($ in millions) Revenue EBITDA Net Profit* Free Cash Flow +6.8% 16.8% 4.0x $2,242 $230 $63 $2,099 $37 $197 16.0% 15.8% $16 9.4% 10.3% 0.7% 2.8% ($2) 1H 2024 1H 2025 1H 2024 1H 2025 1H 2024 1H 2025 1H 2024 1H 2025 Improving YoY in All Key Financial Metrics * Net Profit A
Slide 13: 1H 2025 Revenue Bridge
1H 2025 Revenue Bridge ($ in millions) Total Revenue YoY Revenue Drivers 6.8% $159 $2,242 $2,242 $2,099 $2,099 ($13) ($2) $143 1H 2024 1H 2025 1H 2024 FX Commodity VPO* 1H 2025 * VPO: Volume, Pricing & Others 13
Slide 14: 1H 2025 Revenue Growth Outpacing Market
1H 2025 Revenue Growth Outpacing Market Global N. America EMEASA APAC 7.6% YoY* 2% YoY 11% YoY 17% YoY 4.5% GoM** 6% GoM 13% GoM 9% GoM Total Adjusted Revenue Growth Vs. 1H 2024 Outperformed Market 450 bps, +4.5% * Adjusted revenue growth excludes foreign exchange and commodity ** Growth-over-market
Slide 15: 1H 2025 Financial Results
1H 2025 Financial Results ($ in millions) Revenue by Region Total Revenue Regional Distribution (structural %) (growth %) NA APAC EMEASA $2,242 $2,099 18% +$99 $687 18% $1,119 +$19 $1,138 $595 +$40 $401 ($7) $366 28% 31% ($6) +1.7% +15.5% +9.4% 53% 51% 1H 2024 1H 2025 1H 2024 V/P/O * 1H 2025 1H 2024
Slide 16: EBITDA Bridge – 1H 2025 vs 1H 2024
EBITDA Bridge – 1H 2025 vs 1H 2024 ($ in millions) EBITDA YoY EBITDA Drivers (% of revenue) +16.8% Restructuring 1H 2025 $3M 1H 2024 $4M $36 $5 $230 $1 $230 ($7) ($2) $197 $197 +$33 9.4% 10.3% 1H 2024 1H 2025 1H 2024 Volume Troubled Supplier Net Tariff Restructuring Performance 1H 2025 Margin Profil
Slide 17: EBITDA and Margin Performance by Region
EBITDA and Margin Performance by Region ($ in millions) NA APAC EMEASA (% of revenue) (% of revenue) (% of revenue) $116 $87 $86 $105 $35 $7 7.8% 7.6% 17.6% 16.9% 8.8% 2.0% 1H 2024 1H 2025 1H 2024 1H 2025 1H 2024 1H 2025 Improved Performance Continued Growth and Improving Operating Offset by Net Tar
Slide 18: EBITDA to Net Profit Bridge
EBITDA to Net Profit Bridge ($ in millions) 1H 2024 1H 2025 EBITDA $ 197 $ 230 JV Earnings comprised of Chongqing operations - D&A Expense 156 137 D&A includes $14M net impairment costs Operating Profit $ 41 $ 93 from customer program cancellations in 1H 2024 + Share of JV Earnings 2 2 Income
Slide 19: 1H 2025 Free Cash Flow / Balance Sheet
($ in millions) 1H 2025 Free Cash Flow / Balance Sheet Dec 2024 Jun 2025 Cash and Capital 1H 2024 1H 2025 Gross Debt $ 48 $ 49 Finance Leases 44 44 Less: Cash 422 459 Net Debt / (Cash) $ (331) $ (367) Total Equity $ 2,030 $ 2,108 Total Net Capital $ 1,699 $ 1,741 $152 ($154) ($105) Net Debt / Net Ca
Slide 20: 2025 Operating Considerations
2025 Operating Considerations Driving Value in Dynamic Markets On-Track for Another Record Revenue for the Full Year of 2025 Dynamic Tariff Environment and Ongoing Geopolitical Tensions Plans in Place to Mitigate Tariff Costs and Pass Remaining Costs to Customers Restructuring Actions on Tra
Slide 21: 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 21
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