Slide 1: H1 2026 Results presentation
H1 2026 Results presentation July 30th, 2026 © Gestamp 2025 1
Slide 2: Disclaimer
disclaimer This presentation has been prepared solely for use at this presentation of our results as of and for the quarter ended June 30 th, 2025 . By attending the conference call meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following
Slide 3: Index
INDEX PRESENTATION KEY HIGHLIGHTS FOR H1 2026 FINANCIAL OVERVIEW OUTLOOK AND REMARKS © Gestamp 2026 2024 3
Slide 4: Key highlights of H1 2026
Key highlights of H1 2026 Revenues EBITDA (2) FCF (3) €5,794m €651m Positive Auto Revenue Growth (2) (1) EBITDA Margin FCF Generation at FX constant +2.9% +1.3% 11.6% 11.2% €86m Q2 2026 H1 2026 Q2 2026 H1 2026 H1 2026 Strong results performance in H1 2026 driving FY 2026 visibility 1. Growth rates r
Slide 5: H1'26 auto production stalls across key regions
H1'26 AUTO PRODUCTION STALLS ACROSS KEY REGIONS Light Vehicle Production Volumes (1) Gestamp Footprint -3.1% H1 2026 Production Volumes +0.7 43.4 31.1% Q1 Mveh 42.4 40.8 -1.2% H1 2026 vs H1 2025 41.5 % 39.6 39.8 41.1 20.3 35.8 35.1 Western China Europe (2) 20.1 27.3 12.9% -0.79 -0.10 4.2% Q1'25 Q1'2
Slide 6: Gestamp revenues performance compared to the market
Gestamp revenues performance compared to the market H1 2026 Gestamp Auto Business Revenue Growth at FX Constant (1) vs. Market Production Growth in Gestamp Footprint Eastern Europe Gestamp Auto Business 8.0% Western Europe at FX constant Market Gestamp North America 2.6% -0.9% -1.9% 0.0% -1.3% +2 .1
Slide 7: Solid organic growth despite a subdued market environment
Solid organic growth despite a subdued market environment YoY Reported Revenue ( €m) Bridge Chart -0.9% YoY 5,844 70 36 -157 5,794 +1.2 % +0.6 % -2.7 % Negative forex Solid organic Gescrap top line evolution mainly growth driven by positively impacted due to currencies in Eastern Europe and by highe
Slide 8: Auto business: Focus on profitability improvement as key lever
Auto business: Focus on profitability improvement as key lever Auto Business Revenues & EBITDA YoY - excluding Phoenix Extraordinary Cost (1) % EBITDA Margin Revenues EBITDA On track for 11.4% the execution of the >11.9% 11.4 % FY 2026 guidance 11.3% 10.8 % 5,922 +11bps Y oY Short -term actions to 5
Slide 9: Continue delivering on the Phoenix plan as a key priority
Continue Delivering on the phoenix plan as a key priority North America excluding Phoenix Extraordinary Plan In a low -growth Revenues EBITDA % EBITDA Margin market Environment Production volumes Sequential EBITDA Margin improvement H1 2026 > 10 % in North America (1) quarter -on -quarter in 2026 Ex
Slide 10: Gescrap: Positive momentum as scrap prices recover
Gescrap: Positive momentum as scrap prices RECOVER Improving market conditions driving to a significant performance improvement and Scrap prices are progressively recovering from providing good visibility to achieve YE targets extraordinary negative performance in H2 2025 (€/Tn) Revenue ( €m) EBIT (
Slide 11: Index
INDEX PRESENTATION KEY HIGHLIGHTS FOR H1 2026 FINANCIAL OVERVIEW OUTLOOK AND REMARKS © Gestamp 2026 11
Slide 12: Financial Performance in H1 2026
Financial Performance in H1 2026 H1 2025 H1 2026 H1 2025 H1 2026 Reported Reported Excluding Phoenix (2) Excluding Phoenix (2) (In €m) Total Revenue 5,844 5,794 5,844 5,794 EBITDA 641 640 651 651 EBITDA margin (%) 11.0% 11.1% 11.1% 11.2% EBIT 286 265 295 276 EBIT margin (%) 4.9% 4.6% 5.0% 4.8% Net I
Slide 13: Strong net income improvement year-on-year
STRONG NET INCOME IMPROVEMENT year-on-year Reported Net Income (In €m) 162 Non -cash 117 one -off impacts 106 110 €15m of write -downs linked to the extraordinary actions to realign EV 6 Net one -offs exposure initiated in H2 2025, in line with our customers strategy €23m accounting impact at financ
Slide 14: Geographic diversification supporting performance
Geographic diversification supporting performance Revenues ( €m) EBITDA (€m) EBITDA Margin (%) H1 2025 H1 2026 Var. (%) H1 2025 H1 2026 Var. (%) H1 2025 H1 2026 W e ste rn Eu rop e 2,117 2,090 -1.3% 217 209 -3.9% 10.3 10.0 E a ste rn Eu rop e 999 1,002 +0.3% 153 151 -1.4% 15.3 15.1 N orth America 1
Slide 15: Sustained strength in cash flow generation
Sustained Strength in Cash Flow Generation FCF (1) Generation of 86 €m (1,2) in H1 2026 (In €m) Net Debt Net Debt Net Debt H1 2026 FY 2025 Variation H1 2026 Group Operating Cash Flow Conversion (3) Reported Excluding Phoenix -49 1,821 1,771 86 c.36 % -26 20 42 65 49 -0 .2 Committed with FY 2026 Guid
Slide 16: Preserving a strong financial profile
Preserving a strong financial profile Maintaining First Half Deleverage Path Net debt to LTM EBITDA (x) Net Debt in €m 4.0x 2.8x Net debt and leverage 3,037 2.4x 2,888 2.4x reduction 2.3 x 2.2x 1.6x 1.7x 1.7x 2,480 2,300 2,209 2,224 2,191 1.4x 2,080 2,141 1,771 H1 2017 H1 2018 H1 2019 H1 2020 H1 202
Slide 17: Index
INDEX PRESENTATION KEY HIGHLIGHTS FOR H1 2025 FINANCIAL OVERVIEW OUTLOOK AND REMARKS © Gestamp 2026 17
Slide 18: H1 2026 updates marked by a weakening production outlook
H1 2026 Updates marked by a Weakening Production Outlook Auto Production Volumes Revisions in 2026 LV Production (1) in S&P Global Mobility Geographies ( Mveh ) 2026 Forecast Revisions by region -1.7 Mveh Growth (2) Feb 26 Jul 26 92.8 92.1 0.7 91.4 91.1 North America Western Europe China 0.8 90. 9 9
Slide 19: Balance sheet strength driving leadership ambition
Balance Sheet Strength Driving Leadership Ambition America asia Low growth markets Focus on “rightsizing” 1. Fixed cost control 2. Revaluating capacity to become more flexible bRAZIL High growth regions Selective investments with a focus on: NEW plant in Piracicaba (sao paolo) # 8 th p l a n t i n t
Slide 20: Guidance 2026
Guidance 2026 Reiterating our 2026 guidance (1) Group Operating Group EBITDA Margin (2) Cash Flow Conversion >11.7% at YE 2026 in the 35% range at YE 2026 Auto Gescrap Operating cash flow defined as reported EBITDA >11.9% >7.4% minus net cash capex(2) at YE 2026 at YE 2026 Note: All figures includin
Slide 21: Closing remarks
Closing remarks H1 2026 Reinforcing our Solid Results Financial Profile Phoenix plan as key Strong profitability Strong visibility to company priority to and FCF generation in deliver FY 2026 reach EBITDA margin H1 2026 reinforcing our Guidance targets positioning © Gestamp 2026 21
Slide 22: Gestamp the Partner supplier
Gestamp the Partner supplier www.gestamp.com © Gestamp 2026 22 © Gestamp 2020
Slide 23: Financial Performance in Q2 2026
Financial Performance in Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Reported Reported Excluding Phoenix (2) Excluding Phoenix (2) (In €m) Total Revenue 2,861 2,960 2,861 2,960 EBITDA 341 337 343 344 EBITDA margin (%) 11.9% 11.4% 12.0% 11.6% EBIT 165 151 168 158 EBIT margin (%) 5.8% 5.1% 5.9% 5.3% Net I
Slide 24: Appendix – alternative performance measures
Appendix – alternative performance measures This results presentation and any related conference call or webcast (including any related question and answer session) (the "Presentation "), in addition to financial information detailed in the Gestamp Group ´s financial statements prepared in accordanc