Nexteer Automotive Group Limited · HKEX:1316
Nexteer Automotive — Nexteer Automotive Gp Ord — FY2025 Earnings Presentation
22 slides from Nexteer Automotive's earnings presentation, Mar 24, 2026
Slide 1: 2025 Annual Results Announcement
2025 ANNUAL RESULTS ANNOUNCEMENT 24 March 2026 Copyright 2026, Nexteer Automotive Corporation. All rights reserved. 1 CONFIDENTIAL
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: Business Overview
BUSINESS OVERVIEW Mr. Robin Milavec President, Chief Technology Officer, Interim Global Chief Operating Officer 3 & Executive Board Director CONFIDENTIAL
Slide 4: 2025 Business Highlights - Overview
2025 Business Highlights - Overview Record Record $4.6B 57 $4.9B ~$1.5B $46M Total Program New APAC Annual Dividend Revenue Launches Bookings Revenue Payment Achieved record Strong new Incl. new SbW Achieved record 45% payout revenue for 3rd program wins with two revenue for 4th ratio up consecutive
Slide 5: New Program Launches
New Program Launches Continued strong launch momentum in APAC FY2025 Overview Major Program Launches in 2025 57 Program Launches Zeekr 9X Li Auto i6 / i8 Xpeng G9 1st REPS, Halfshafts REPS REPS mCEPS launch in EMEASA 1st DPEPS launch in APAC Zeekr 007GT Fiat Panda / Opel Frontera / Citroen C3 Aircro
Slide 6: New Business Award - 2025
New Business Award - 2025 Key Highlights Bookings* Bookings Composition ($ in billions) ($ in billions) ▪ SbW program wins with two leading Chinese NEV OEMs, including HWA and RWA $3.4B $4.9B 9% 16% ▪ Expanded DPEPS and RWS business 45% 40% $4.9B $4.9B across APAC and EMEASA 75% ▪ First EPS win with
Slide 7: Four New EPS Customers
Customer Portfolio Expansion - 2025 Four New EPS Customers Premium NA EV OEM EU Autonomous Mobility OEM QUALITY & CUSTOMER TECHNOLOGY FOCUSED CULTURE EXECUTION RELIABILITY 7
Slide 8: Advanced Steering Production & Validation Expansion in APAC
Advanced Steering Production & Commissioned Validation Expansion in APAC In Construction 2020 2025 2025 2026 2026 2H 2026 2H Jan Jan Nov Mar (e) (e) APAC Technical Changshu Manufacturing India Technical Center Thailand Plant Liuzhou New Plant Suzhou New Plant Center & Tech Center (added DL Validatio
Slide 9: Motion-by-Wire: EMB Update
Motion-by-Wire : EMB Update EMB Electronic Mechanical Braking 2nd Winter Testing Completed at Yakeshi, China Customer Validation Ongoing Industrialization & Durability Validation 9
Slide 10: Capitalizing Motion-by-Wire + MotionIQ for Intelligent Motion
Capitalizing Motion-by-Wire + MotionIQ for Intelligent Motion REAR-WHEEL Smart chassis, steer, and STEER brake-by-wire, electric ELECTRO-MECHANICAL powertrain integration BRAKING Software-defined vehicle and AI integration into STEER-BY-WIRE motion control MotionIQ SOFTWARE SUITE Autonomous vehicle
Slide 11: Financial Update
FINANCIAL UPDATE Mr. Mike Bierlein Senior Vice President, Chief Financial Officer 11 CONFIDENTIAL
Slide 12: 2025 Financial Review
2025 Financial Review Achieved Record Full-Year Revenue of US$4.584 Billion ▪ Growth of 6.9% YoY adjusted for foreign exchange and commodity, outpacing market by 320 bps ▪ All three regions achieved growth driven by strong production schedule EBITDA Growth of 11.2% YoY and Margin Expansion of 40 bps
Slide 13: 2025 Key Financial Metrics
2025 Key Financial Metrics ($ in millions) Revenue EBITDA Net Profit* Free Cash Flow +7.2% 11.2% 65.3% -25.5% $126** $4,584 $166 $4,276 $472 $102 $424 $85** $124 $62 16.0% 15.8% 9.9% 10.3% 1.4% 2.2% 2024 2025 2024 2025 2024 2025 2024 2025 EBITDA Higher Than 2024 Due to Favorable Volume and Operating
Slide 14: 2025 Revenue Bridge
2025 Revenue Bridge ($ in millions) Total Revenue YoY Revenue Drivers +7.2% $293 $4,584 $1 $4,584 $4,276 $15 $4,276 $308 2024 2025 2024 Fx V/P/O* Commodity 2025 * V/P/O: Volume, Pricing & Others 14
Slide 15: Revenue Growth Outpacing Market
2025 Revenue Growth Outpacing Market Global N. America APAC EMEASA 6.9% YoY* 4.4% YoY 10.2% YoY 8.5% YoY 3.2% GoM** 5.4% GoM 3.1% GoM 9.5% GoM Total Adjusted Revenue Growth vs. 2024 Outperformed Market 320 bps, +3.2% * Adjusted revenue growth excludes foreign exchange and commodity ** Growth-over-ma
Slide 16: Revenue by Region
2025 Revenue by Region ($ in millions) Total Revenue Regional Distribution (structural %) (growth %) NA APAC EMEASA $21 $61 $799 $4,584 $97 $2,290 $137 $1,469 $717 $4,276 $2,193 $0 $1,338 $(6) 17% 17% 31% 32% +4.4% +9.8% +11.4% Excl. Excl. Excl. 50% Comm. Rev. FX & Comm. FX & Comm. 51% Impact Rev. I
Slide 17: EBITDA Bridge – 2025 vs 2024
EBITDA Bridge – 2025 vs 2024 ($ in millions) EBITDA YoY EBITDA Drivers (% of revenue) +11.2% $59 $9 $472 $472 $424 ($10) ($10) ($0) $424 Restructuring 2025 $9M 2024 $9M $48 9.9% 10.3% 2024 2025 2024 Vol/Mix Troubled Supplier Net Tariff Restructuring Performance 2025 EBITDA Growth of 11.2% Driven by
Slide 18: EBITDA and Margin Performance by Region
2025 EBITDA and Margin Performance by Region ($ in millions) NA APAC EMEASA (% of revenue) (% of revenue) (% of revenue) $178 $69 $174 $243 $230 $36 8.1% 7.6% 17.2% 16.6% 5.0% 8.6% FY 2024 FY 2025 FY 2024 FY 2025 FY 2024 FY 2025 Margin Improvement Continued Growth and Improving Operating Initiatives
Slide 19: EBITDA to Net Profit Walk
2025 EBITDA to Net Profit Walk ($ in millions) FY 2024 FY 2025 EBITDA 424 472 ▪ D&A includes $24M net program - D&A Expense 310 309 impairment costs in 2025 and $23M in 2024 Operating Profit 115 163 ▪ JV Earnings comprised of Chongqing + Share of JV Earnings 4 5 operations - Net Finance Costs 2 (0)
Slide 20: Free Cash Flow and Capital Structure Metrics
2025 Free Cash Flow and Capital Structure Metrics ($ in millions) Dec 2025 Dec 2026 Dec 2024 Dec 2025 Cash and Capital 2024 2025 Gross Debt $ 48 $ 50 Finance Leases 44 37 Less: Cash 422 501 Net Cash $ (331) $ (414) ($280) Total Equity $ 2,030 $ 2,159 ($281) Total Net Capital $ 1,699 $ 1,745 $446 Net
Slide 21: 2026 Operating Considerations
2026 Operating Considerations Above Market Revenue Growth and Continued Margin Expansion ▪ On track to post record revenue for the full year of 2026 ▪ Above market revenue growth in 2026 driven by APAC ▪ Continued margin expansion benefiting from increased volume and operating performance improvemen
Slide 22: 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 22
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