Slide 1: Second Quarter 2025 Earnings Call
July 31, 2025 APTIV Second Quarter 2025 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: Second Quarter Highlights
Second Quarter Highlights ROBUST OPERATING PERFORMANCE RECORD FINANCIAL PERFORMANCE EXECUTING ON MARKET STRENGTH REVENUE OF $5.2B Capitalizing on stronger market backdrop with compelling Adjusted growth of 2%1 YoY, driven by strong volumes portfolio of sensor-to-cloud technology in NA and APAC ALIGN
Slide 4: New Business Bookings
New Business Bookings GROWTH IN CUSTOMER AWARDS ACROSS PORTFOLIO OF ADVANCED TECHNOLOGIES Lifetime gross program revenues, $ Billions TARGET KEY TAKEAWAYS FY 2022 FY 2023 FY 2024 FY 2025 $32B $34B $31B $31B+ • QoQ growth in bookings despite $14.2 $13.9 heightened macro uncertainty $12.8 • Driving aw
Slide 5: Advanced Safety & User Experience
Advanced Safety & User Experience NEXT-GENERATION ADAS L2 / HELIX VIRTUALIZATION PLATFORM & ADAS LAUNCHES FOR IMPROVED VEHICLE SAFETY L2+ AWARD FOR NA OEM SAFETY CERTIFICATION SERVICES PERFORMANCE AND HANDS-FREE DRIVING GEN 6 ADAS AWARDS WITH SCALABLE FEATURE CONTENT, SUPPORTED BY WIND RIVER EDGE US
Slide 6: Engineered Components Group
Engineered Components Group LAUNCH WITH LUXURY EU OEM OF 800V HV INLET NEW MODULAR / NA PRODUCTION BATTERY ENABLING ULTRA FAST-CHARGING HYBRID CONNECTOR PACK BUSBAR AWARD HIGH-SPEED CABLE ASSEMBLY AWARDS WITH TOP LOCAL CHINESE OEMS NEW PROGRAM AWARDS FOR HV BUSBARS, HV INLETS, AND REDUNDANT POWER SY
Slide 7: Electrical Distribution Systems
Electrical Distribution Systems LV WIRING FOR LUXURY EUROPEAN OEM BEV PLATFORM LAUNCH OF HV BATTERY WIRING PROGRAM FOR BEVS AND PHEVS OF LEADING KOREAN OEM HV WIRING AWARDS ON NEW PROGRAMS WITH MULTIPLE CHINESE NEV OEMS LOW VOLTAGE AWARD FOR EU OEM NEW BEV PROGRAM HV WIRING FOR FULL LV WIRING EXTEND
Slide 8: Full Year 2025 Outlook
Full Year 2025 Outlook 1H 2025 2H 2025 OUTPERFORMED GUIDANCE MACRO BACKDROP REMAINS DYNAMIC BENEFITED FROM STRONG VEHICLE CONTINUED FOCUS ON EXECUTION PRODUCTION OPERATING MODEL DROVE STRONG CONFIDENT IN OUR ABILITY TO DELIVER PERFORMANCE 8 2Q 2025 Earnings | July 31, 2025 | Aptiv
Slide 9: 2Q 2025 vs. 2Q 2024
2Q 2025 vs. 2Q 2024 ($ Millions, except per share amounts) 2Q 2025 Fav / (Unfav) COMMENTS • ECG +5%1, EDS +5%1, AS&UX (3%)1 REPORTED REVENUE $5,208 $157 • Adjusted growth1 of 2%; Reported growth of 3% EBITDA2 $821 $33 • EBITDA +4% YoY EBITDA Margin 15.8% 20 bps • Proactive cost structure initiatives
Slide 10: 2Q 2025 Revenue
2Q 2025 Revenue REVENUE REGIONAL GROWTH $ Millions 2% Adj 1 $38 NA EU CHINA2 $6 $113 Adj. Growth1 3% (1%) (1%) Vehicle Production (4%) (2%) 9% $5,208 $5,051 2Q 2024 Sales Net Price & Foreign 2Q 2025 Growth Commodities Exchange 1. Revenue growth excludes impact of foreign exchange and commodities. 2.
Slide 11: 2Q 2025 Segment Recap
2Q 2025 Segment Recap AS&UX ECG EDS $ Millions, % of Sales $ Millions, % of Sales $ Millions, % of Sales REVENUE OP INCOME2 REVENUE OP INCOME2 REVENUE OP INCOME2 (3%)1 5% 5%1 (4%) 5%1 18% $1,554 $178 $298 $2,206 $163 $1,507 $170 $1,723 $287 11.8% $1,626 18.3% $2,065 $138 7.4% 10.9% 16.7% 6.7% 2Q 24
Slide 12: Continued Strong Cash Flow Generation
Continued Strong Cash Flow Generation OPERATING CASH FLOW ATTRACTIVE LEVERAGE AND ($ Millions) LIQUIDITY POSITION $2,342 $2,257 • ~$700M debt paydown in 2025 YTD $643 • 2.0X Net Debt / Adj EBITDA1 $510 • ~17 YEARS weighted avg debt maturity 2Q 24 2Q 25 LTM 2Q 24 LTM 2Q 25 1. Reflects LTM EBITDA. Adj
Slide 13: 2025 Growth Outlook
2025 Growth Outlook GLOBAL NORTH AMERICA EUROPE CHINA Aptiv Revenue Growth1 Aptiv Revenue Growth1 Aptiv Revenue Growth1 Aptiv Revenue Growth1 3% 2% 9% 4% (1%) (1%) (4%) (2%) 3Q 2025 FY 2025 3Q 2025 FY 2025 3Q 2025 FY 2025 3Q 2025 FY 2025 FY COMMENTARY FY COMMENTARY FY COMMENTARY FY COMMENTARY • Vehi
Slide 14: 2025 Financial Guidance
2025 Financial Guidance ($ Millions, except per share amounts) 3Q 2025 FY 2025 REPORTED REVENUE $4,950 – $5,100 $20,000 – $20,300 Adj. Revenue Growth %1 3% 2% AWM Production Growth %2 (2%) (3%) EBITDA3 $755 – $805 $3,135 – $3,235 EBITDA Margin 15.3% – 15.8% 15.7% – 15.9% OPERATING INCOME3 $560 – $61
Slide 15: Summary
Summary CONTINUED STRONG EXECUTION IN A DYNAMIC ENVIRONMENT RECORD 2Q PERFORMANCE DRIVEN BY RESILIENT BUSINESS MODEL LEVERAGING OUR COMPREHENSIVE SENSOR-TO-CLOUD TECH STACK GLOBAL SCALE WITH A REGIONALIZED OPERATING MODEL CONTINUE OPTIMIZING THE VALUE WITHIN OUR COMPANY – EDS SPIN ON TRACK 15 2Q 202
Slide 16: 2Q 2025 Earnings | July 31, 2025 | Aptiv
16 2Q 2025 Earnings | July 31, 2025 | Aptiv
Slide 17: YoY Revenue Growth Metrics
YoY Revenue Growth Metrics 2Q 2025 YTD 2025 Reported net sales % change 3% 1% Less: foreign currency exchange and commodities 1% - Adjusted revenue growth 2% 1% 2Q 2025 YTD 2025 Reported Revenue Growth 3% 1% Electrical Distribution Systems Reported Revenue Growth 7% 2% Engineered Components Group Re
Slide 18: Non-US GAAP Financial Metrics: Adjusted OI
Non-US GAAP Financial Metrics: Adjusted OI ($ millions) 2Q 2025 2Q 2024 YTD 2025 YTD 2024 Net income attributable to Aptiv 393 938 382 1,156 Interest expense 91 64 184 129 Other income, net (12) (10) (12) (25) Net gain on equity method transactions (46) (641) (46) (641) Income tax expense 45 51 401
Slide 19: Non-US GAAP Financial Metrics: Adjusted EBITDA
Non-US GAAP Financial Metrics: Adjusted EBITDA ($ millions) 2Q 2025 2Q 2024 YTD 2025 YTD 2024 Net income attributable to Aptiv 393 938 382 1,156 Interest expense 91 64 184 129 Income tax expense 45 51 401 127 Net income attributable to noncontrolling interest 5 5 6 11 Net loss attributable to redeem
Slide 20: Non-US GAAP Financial Metrics: Adj. NI Per Share
Non-US GAAP Financial Metrics: Adj. NI Per Share ($ millions, except per share amounts) 2Q 2025 2Q 2024 YTD 2025 YTD 2024 Net income attributable to Aptiv 393 938 382 1,156 Adjusting items: Amortization 53 52 104 106 Restructuring 52 70 89 109 Separation costs 28 - 47 - Other acquisition and portfol
Slide 21: Non-US GAAP Financial Guidance Metrics: Adjusted Operating Income
Non-US GAAP Financial Guidance Metrics: Adjusted Operating Income ($ millions) 3Q 20251 20251 Net income attributable to Aptiv 310 1,010 Interest expense 90 360 Other income, net (5) (20) Net gain on equity method transactions - (45) Income tax expense 50 510 Equity loss, net of tax 15 50 Net income
Slide 22: Non-US GAAP Financial Guidance Metrics: Adjusted EBITDA
Non-US GAAP Financial Guidance Metrics: Adjusted EBITDA ($ millions) 3Q 20251 20251 Net income attributable to Aptiv 310 1,010 Interest expense 90 360 Income tax expense 50 510 Net income attributable to noncontrolling interest (a) 5 15 Depreciation and amortization 250 985 EBITDA 705 2,880 Other in
Slide 23: Non-US GAAP Financial Guidance Metrics: Adjusted NI Per Share
Non-US GAAP Financial Guidance Metrics: Adjusted NI Per Share ($ millions, except per share amounts) 3Q 20251 20251 Net income attributable to Aptiv 310 1,010 Adjusting items: Amortization 55 210 Restructuring 25 175 Other acquisition and portfolio project costs, including costs 35 130 related to th