Continental Ag · XETR:CON

Continental — Q1 2026 Earnings Presentation

26 slides from Continental's earnings presentation, May 6, 2026

  1. Slide 1: Q1 2026 Results

    Q1 2026 Results Hanover – May 6, 2026 Ticker: CON ADR-Ticker: CTTAY Christian Kötz – CEO http://www.continental-ir.com Roland Welzbacher – CFO Public

  2. Slide 2: Agenda

    Agenda 1 Group Highlights 3 2 Tires 6 3 ContiTech 10 4 Cash Flow and Balance Sheet 11 5 Outlook 2026 13 6 Back-up and Fact Sheets 2025 — 2026 17 2 Public

  3. Slide 3: Mitigation of Impact From Military Conflict in Middle East; Important Milestone in Sustainability Strategy Reached

    01 | Group Highlights Mitigation of Impact From Military Conflict in Middle East; Important Milestone in Sustainability Strategy Reached RECENT DEVELOPMENTS Military Conflict in Middle East Implementation of Sustainability Strategy › Expected gross impact in a low-to-mid triple-digit million euro ›

  4. Slide 4: Strong Mix Performance Resulted in Earnings Improvement and Positive Adjusted Free Cash Flow

    01 | Group Highlights Strong Mix Performance Resulted in Earnings Improvement and Positive Adjusted Free Cash Flow EXECUTIVE SUMMARY Q1 2025 Q1 2026 › Sabrina Soussan succeeds Wolfgang Reitzle as chair of the Sales €4,905 mn €4,396 mn Supervisory Board Adjusted EBIT1 €492 mn €522 mn › Sale of ContiT

  5. Slide 5: Strong Mix, Raw Material Tailwind and Portfolio Measures Lift Q1 Profitability

    01 | Group Highlights Strong Mix, Raw Material Tailwind and Portfolio Measures Lift Q1 Profitability GROUP SECTOR SALES AND ADJUSTED EBIT1 – Q1 2026 Sales (€ mn) Adjusted EBIT1 (€ mn) Group Tires ContiTech Group Tires ContiTech -0.9% 4,905 4,396 -0.3% 10.7% 11.9% 14.4% 3,412 3,253 13.4% 492 522 -4.5

  6. Slide 6: Global LVP Growth Slowed; Lower Import Volumes Weighed on Replacement Markets

    02 | Tires Global LVP Growth Slowed; Lower Import Volumes Weighed on Replacement Markets PLT MARKET DEVELOPMENT YEAR-ON-YEAR Light Vehicle Production PLT Replacement Market 1 2 1 Europe North America China Worldwide Europe North America China 15% 15% 11% 11% 5% 5% 4% 3% 3% 2% 2% 2% 2% 0% 0% 0% 0% 0%

  7. Slide 7: European Truck Tire Markets Improved While North American Volumes Remained Subdued

    02 | Tires European Truck Tire Markets Improved While North American Volumes Remained Subdued TT MARKET DEVELOPMENT YEAR-ON-YEAR Commercial Vehicle Production TT Replacement Market 1 1 Europe North America Europe North America 17% 15% 13% 10% 8% 5% 6% 4% 2% 1% -1% -1% -4% -3% -19% -18% -18% -20% -22

  8. Slide 8: Sustained Positive Price/Mix Ensured Strong Performance Despite Negative FX and Volume Developments

    02 | Tires Sustained Positive Price/Mix Ensured Strong Performance Despite Negative FX and Volume Developments TIRES SALES AND ADJUSTED EBIT1 – Q1 2026 Sales (€ mn) Adjusted EBIT1 (€ mn) Sales › Impact from FX: -4.2% -0.3% › Volumes: -4.3%; subdued PLT OE demand in EMEA 3,412 and soft OE/RE markets

  9. Slide 9: Profitable Organic Growth in EMEA and APAC Driven By Strong UHP Performance Within All Regions

    02 | Tires Profitable Organic Growth in EMEA and APAC Driven By Strong UHP Performance Within All Regions TIRES SALES (€ MN) BY REGION – Q1 2026 AMERICAS EMEA APAC +2.7% -5.8 % 1,787 1,796 1,140 985 +1.7% 485 471 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 › Impact from FX: -8.3% › Impact from F

  10. Slide 10: ContiTech Profitability Improved on Recovery in Higher-Margin Business and Continuous Improvement Measures

    03 | ContiTech ContiTech Profitability Improved on Recovery in Higher- Margin Business and Continuous Improvement Measures CONTITECH SALES AND ADJUSTED EBIT1 – Q1 2026 Sales (€ mn) Adjusted EBIT1 (€ mn) Sales › Impact from FX: -2.5% -4.5% › Decrease mainly driven by OESL deconsolidation in the begin

  11. Slide 11: Positive Adj. Free Cash Flow Driven by Improved Operational Performance and Seasonal Working Capital Dynamics

    04 | Cash Flow and Balance Sheet Positive Adj. Free Cash Flow Driven by Improved Operational Performance and Seasonal Working Capital Dynamics ADJUSTED FREE CASH FLOW1 BRIDGE – Q1 2026 Operating Cash Flow › EBITDA2 slightly improved, driven by a better operational performance in both segments › The

  12. Slide 12: Working Capital in Line With Typical Seasonality and Sales Development; Further Improvements in Net Debt

    04 | Cash Flow and Balance Sheet Working Capital in Line With Typical Seasonality and Sales Development; Further Improvements in Net Debt BALANCE SHEET DEVELOPMENT Working Capital and Working Capital as % of Sales Net Indebtedness and Leverage Ratio1 Continuing operations 6,316 7,000 6,000 6,054 4,8

  13. Slide 13: Volume Growth Expected to Remain Muted in Continuing Challenging and Uncertain Market Conditions

    05 | Outlook 2026 Volume Growth Expected to Remain Muted in Continuing Challenging and Uncertain Market Conditions MARKET OUTLOOK 2026 Passenger Cars Commercial Industrial & Light Trucks Vehicles Production Light Vehicle Commercial Vehicle in units (vs. prior year) PLT RE TT RE Production Production

  14. Slide 14: Guidance Confirmed Based on Current Assessment of Net Impact of the Military Conflict in Middle East

    05 | Outlook 2026 Guidance Confirmed Based on Current Assessment of Net Impact of the Military Conflict in Middle East GUIDANCE – FY 2026 2026E Continental Group consolidated sales Around €17.3 bn – €18.9 bn Adj. EBIT1 margin Around 11.0% – 12.5% Tires sales Around €13.2 bn – €14.2 bn Adj. EBIT1 mar

  15. Slide 15: Q&A

    Q&A 15 Public

  16. Slide 16: Disclaimer

    Disclaimer › This presentation has been prepared by Continental Aktiengesellschaft solely in connection with the Analyst and Investor Call on May 6, 2026, and the subsequent analyst and investor meetings. It has not been independently verified. It does not constitute an offer, invitation or recommen

  17. Slide 17: Back-Up

    Back-Up 17 Public

  18. Slide 18: Capex, Depreciation and Earnings Per Share

    06 | Back-up and Fact Sheets 2025 – Q1 2026 Back-Up CAPEX, DEPRECIATION AND EARNINGS PER SHARE – Q1 2026 Capex, Depreciation3 and PPA1, 3 (€ mn) EPS excl. PPA1, 2, 3 (€) 265 EPS reported PPA1, 3 per share after tax2 EPS excl. PPA1, 2, 3 255 232 1.00 0.03 1.03 209 4.7% 13 4.7% 7 Q1 2025 Q1 2026 ■ Cap

  19. Slide 19: Relevant Bonds

    06 | Back-up and Fact Sheets 2025 – Q1 2026 Back-Up RELEVANT BONDS Issuer Continental AG Continental AG Continental AG Continental AG Continental AG Continental AG Continental AG Current rating (issuer) BBB (S&P1), BBB (Fitch2), Baa2 (Moody’s3) Issue Senior Notes Principal amount €750 mn €500 mn €62

  20. Slide 20: Fact Sheets 2025

    Fact Sheets 2025 – Q1 2026 20 Public

  21. Slide 21: Sales and Adjusted EBIT by Quarter

    06 | Back-up and Fact Sheets 2025 – Q1 2026 Fact Sheets SALES AND ADJUSTED EBIT1,2 BY QUARTER 1 Before amortization of intangibles from PPA, changes in the scope of consolidation and special effects. 2 IFRS 5 for OESL applied starting August 26, 2025. OESL balance sheet items were reclassified to “a

  22. Slide 22: EBITDA and EBIT by Quarter

    06 | Back-up and Fact Sheets 2025 – Q1 2026 Fact Sheets EBITDA AND EBIT1 BY QUARTER 1 IFRS 5 for OESL applied starting August 26, 2025. OESL balance sheet items were reclassified to “assets held for sale” and “liabilities held for sale” and depreciation has been stopped. 22 Public

  23. Slide 23: Reported and Adjusted Q1 2026 Results

    06 | Back-up and Fact Sheets 2025 – Q1 2026 Fact Sheets REPORTED AND ADJUSTED Q1 2026 RESULTS 1 Before amortization of intangibles from PPA, changes in the scope of consolidation and special effects. 2 IFRS 5 for OESL applied starting August 26, 2025. OESL balance sheet items were reclassified to “a

  24. Slide 24: Financial Calendar and Upcoming Investor Meetings

    06 | Back-up and Fact Sheets2025 – Q1 2026 Calendar FINANCIAL CALENDAR AND UPCOMING INVESTOR MEETINGS › Virtual Roadshow Q1 2026 (CFO) 2026 May 6/7, virtual Full-Year Results March 4, 2026 › UBS Best of Europe Conference May 12/13, virtual Annual Shareholders’ Meeting April 30, 2026 › Citi Virtual A

  25. Slide 25: Investor Relations Contact

    06 | Back-up and Fact Sheets 2025 – Q1 2026 Contact INVESTOR RELATIONS Continental-Plaza 1 30175 Hanover | Germany e-mail: ir@conti.de fax: +49 511 938 1080 www.continental-ir.com Max Westmeyer Fabio Hölscher Andrea Kraft Head of Investor Relations Senior Manager Investor Relations Senior Manager In

  26. Slide 26: References

    06 | Back-up and Fact Sheets 2025 – Q1 2026 References USEFUL LINKS TO CONTINENTAL WEBSITES Investor Relations Presentations Events Finance Calendar Sustainability Integrated Sustainability Report Corporate Governance Principles Corporate Governance Presentation Financial Reports Shares Debt and Rat

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