Nemak Sab De Cv · BMV:NEMAK/A
Nemak Sab De Cv — Investor Presentation (May 2026)
27 slides from Nemak Sab De Cv's investor presentation, May 2026
Slide 1: Nemak Corporate Presentation May 2026
Nemak Corporate Presentation May 2026
Slide 2: Overview & Investment Thesis
Overview & Investment Thesis
Slide 3: Nemak at a Glance
Nemak at a Glance Revenue* US$5.3 - 5.5 B EBITDA* US$630 - 650 M Established 1979 Footprint 53 plants across 15 countries Employees ~ 27,400 *2026 Guidance | Nemak & former GF Casting Solutions
Slide 4: Global Footprint
Global Footprint 20 Europe Dillingen, GER Pilsting, GER Saarlouis, GER Wernigerode, GER Altenmarkt, AUT Herzogenburg, AUT 24 North America Linz, AUT Bielsko-Biała, POL Žiar nad Hronom, SVK Alabama, USA Most, CZE Georgia, USA Podborany, CZE Kentucky, USA Győr, HUN Tennessee, USA Pitesti, ROU Wisconsi
Slide 5: Diverse and growing customer base
Diverse and growing customer base File:Maserati logo.png New customers, GFCS E-Mobility, Structure & Chassis
Slide 6: Investment thesis
Investment thesis High barriers to entry • Highly-engineered components • Complex and large aluminum and magnesium castings • Sole supplier in 90% of awarded business Ability to capitalize on any electrification scenario • Product portfolio spanning ICE, hybrid & electric vehicles • Leadership posit
Slide 7: Diverse product portfolio to support needs across powertrains
Diverse product portfolio to support needs across powertrains ICE Powertrain E-Mobility, & Structure & Chassis Cylinder Engine Transmission Structure & E-Motor PHEV Battery BEV Battery Head Block Case Chassis Housing Housing Housing Complex castings Large and complex components Strong engineering re
Slide 8: Electrification drives incremental Nemak content per vehicle
Electrification drives incremental Nemak content per vehicle Combustion Engine Hybrid Battery Electric US$500 - $650(1) US$700 - $1,000(1) +US$1,400(1) Chassis Other E-Mobility Chassis Hybrid Trans Chassis Structure Structure Battery E-Drive Housings Structure Head, Block & Trans Head & Block 8
Slide 9: Industry
#*Nemak Industry
Slide 10: Nemak well positioned to navigate industry trends
Nemak well positioned to navigate industry trends Economy Emission regulations Electrification Global trade landscape Light vehicle demand expected to Emission reduction regulations in Transition to e-mobility slowing Trade regulations fostering remain broadly stable amid place, supportive of lightw
Slide 11: Industry
Industry Light Vehicles Sales SAAR (M Units) (1) 35.0 China (April Sales: 1.6M vehicles) ▪ Sales declined to wait and see effect of Beijing Auto Show 30.0 ▪ ICE vehicle sales dropped 37%, NEV penetration over 61% USA (April Sales: 1.4M vehicles) 26.3 25.0 22.2 23.5 ▪ Notable decrease due to last yea
Slide 12: Industry Overview
Industry Overview Historical US Auto Inventory Average Transaction Prices (Days Supply) (k USD) 90 +1.5% +1.8% 80 70 47.8 48.5 48.3 49.0 49.3 48.6 49.5 65 60 52 50 51 50 40 35 30 20 10 0 22 23 24 25 26 Apr-25 Apr-26 A-22 A-22 D-22 A-23 A-23 D-23 A-24 A-24 D-24 A-25 A-25 D-25 A-26 Note: Prices do not
Slide 13: Regional trends indicate a more gradual electrification
Regional trends indicate a more gradual electrification BEV share as a percentage of Light Vehicle Sales United States Europe China 70% 70% 70% 65% 61% 60% 60% 60% 53% 50% 50% 50% 42% 40% 40% 49% 40% 40% 40% 33% 30% 30% 38% 30% 33% 20% 23% 18% 32% 20% 24% 20% 14% 20% 11% 22% 19% 10% 10% 10% 7% 6% 9%
Slide 14: North Am trade exposure
North Am trade exposure North America • Contractually, customers bear the responsibility to pay import duties and tariffs • Nemak products compliant with USMCA with regional content requirements (75%) • Solid competitive position; sole supplier in more than 90% of all contracts 9 Plants US$651 M • N
Slide 15: Recent developments
#Nemak Iovate Lghtwoigiing Recent developments
Slide 16: Recent developments
Recent developments • On February 12, the GF Casting Solutions acquisition was successfully closed • On March 4, the Annual Shareholders’ Meeting approved Mx$1 B (US$55 M) for stock buybacks • On April 1, Hervé Boyer took office as Nemak CEO, following a planned succession process • On May 5, Nemak
Slide 17: GF Casting Solutions acquisition
GF Casting Solutions acquisition Enterprise value: US$336 M • US$235 M disbursed upon closing (Payment + assumed debt) • Held back US$101 M to be paid in 5 installments, contingent upon certain risk factors 2024 Financials: US$707 M Revenue Highly accretive transaction: • Broader product portfolio:
Slide 18: Financials
#*Nemak Financials
Slide 19: Financials
Financials Revenue (US$ B) EBITDA (US$ M) 1.4 182 1.3 1.2 1.3 1.2 1.2 163 169 1.2 1.2 156 149 143 117 128 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 12.9% 13.8% 12.9% 12.3% 14.3% 11.7% 9.6% 9.1% EBITDA Margin Capex (US$ M) Net Debt (US$ B) 113 1,753 1,765 1,791 1
Slide 20: Debt profile – 1Q26
Debt profile – 1Q26 Debt Profile Mar’26 M USD • Competitive cost of debt 629 • Next major amortization in 2028 23 561 18 • Developing alternatives to refinancing 2028 Euro bond 305 576 23 256 500 27 108 282 71 228 74 35 37 14 33 65 44 60 32 1 34 30 2026 2027 2028 2029 2030 2031 2032 2033+ Others Bon
Slide 21: Capital allocation
Capital allocation Capex • Prudent approach to new investments. Disciplined allocation of capital to e-mobility investments. • US$385 - 395 M in 2026 including the construction of Georgia (US) facility, to be ramping up in 2H26. Leverage • Aim to return below 2.0x in the next 18-24 months Stock buyb
Slide 22: ESG
¢Nemak ESG
Slide 23: Sustainability is embedded in our corporate strategy
Sustainability is embedded in our corporate strategy SBTs fully approved Scope 1&2: 28% reduction Roadmap to Net Zero Scope 3: 14% reduction SLB successfully launched By 2030, versus a 2019 baseline 2020: C 2023: A- 2025: A Rating 2021: B 2024: A- Supplier Engagement 2022: B 2025: A- Certification o
Slide 24: Key Takeaways
#*Nemak Key Takeaways
Slide 25: Key takeaways
Key takeaways • Nemak is well positioned in both high and low electrification scenarios • Robust trade position; compliant with USMCA regional content rules • Focus on profitability, capex streamlining, FCF generation, and leverage reduction • GFCS Acquisition brings diversification in product portf
Slide 26: Contact – Investor Relations
Contact – Investor Relations Denise Reyes Global Treasury & Investor Relations Director denise.reyes@nemak.com Pedro Pereda Investor Relations Manager pedro.pereda@nemak.com Financial reports, press releases and investor materials available at our website: investors.nemak.com
Slide 27: Nemak
6 Nemak Innovative Lightweighting ©Nemak | Public