Gestamp Automocion S.a. · BME:GEST
Gestamp Automocion — Debt Investor Presentation (September 2025)
38 slides from Gestamp Automocion's debt investor presentation, Sep 22, 2025
Slide 1: Fixed Income Investor Presentation
Fixed income INVestor Presentation September 2025 © Gestamp 2024
Slide 2: Disclaimer
Disclaimer IMPORTANT: YOU SHOULD READ THE FOLLOWING CAREFULLY BEFORE READING, ACCESSING OR MAKING ANY OTHER USE OF THE MATERIALS THAT FOLLOW. This presentation and any related oral or written information contained herein or derived herefrom (the “Presentation”) has been prepared for information and
Slide 3: Executive Summary
EXECUTIVE SUMMARY • Gestamp Automoción S.A. (“Gestamp” or the “Company”) is one of the world’s leading automotive suppliers(1), specialized in the design, development, and manufacturing of advanced body, mechanism and chassis components for OEMs. More than 50% of vehicles produced worldwide annually
Slide 4: Index
INDEX PRESENTATION About Gestamp Sector in transformation: challenges & opportunities Key Credit Highlights Financial overview © Gestamp 2024
Slide 5: Gestamp at a Glance
GESTAMP AT A GLANCE About Gestamp Global footprint International leading Tier 1 auto supplier dedicated to 115(1) Plants the design, development and manufacturer of metal NAFTA(3) W. Europe Asia E. Europe automotive components 19 45 21 21 Gestamp focuses on the innovative solutions to make Mercosur
Slide 6: Market Leaders in Vehicle Solutions
Market Leaders in vehicle solutions Main areas of Gestamp’s powertrain agnostic product applications 1 5 SAFETY CAGE REAR SYSTEM • Passengers’ • Occupants’ integrity protection • Comfort • Battery protection 4 CLOSURES & HINGES • Lightweight 3 • Comfort FRONT SYSTEM 2 • Occupants’ protection PLATFOR
Slide 7: Tier-1 Supplier – Resilient Business Model across the automotive value chain
TIER-1 Supplier – Resilient Business Model across the automotive value chain Embedded into the value chain from early platform development phase helping to foster strong partnerships… OEM Intensive relationship with OEMs … Platform R&D development Pr es od s Collaboration es Full u ct P roc 2.5-4y S
Slide 8: Tier-1 Supplier – Parts present in >50% of world vehicles
TIER-1 Supplier – Gestamp’s parts are present in >50% of world vehicles …across a diversified base of high-quality customers and vehicle models Long-standing and integrated relationships with OEMs across the globe … Investing in core parts for OEMs in exclusivity, being fully embedded in their suppl
Slide 9: A Broad Portfolio of Technological Solutions
A broad portfolio of Technological solutions Wide range of products ensuring first-in-class safety and efficiency vehicle features Gestamp Makes Car Structures Increasingly Resistant and Safe Technologies 1 BIW 2 Chassis 3 Components COLD STAMPING Safety cage Rear system Front Rail, Absorbs Energy M
Slide 10: Strategically Positioned Against Uncertainty
Strategically positioned against uncertainty Resilience against macro volatility Gestamp is actively monitoring the ongoing changing situation to ensure a fast reaction against volatility in the sector… ❖ Constant and constructive dialogue with customers Preserving ❖ Cost control measures at all lev
Slide 11: Index
INDEX PRESENTATION About Gestamp Sector in transformation: challenges & opportunities Key Credit Highlights Financial overview © Gestamp 2024
Slide 12: The Automotive Industry: A Strategic Sector for the Global Economy
the Automotive industry: a strategic sector for the global economy The auto components sector: strategic in the supply chain Manufacturers Outsourcing has been key in the automotive sector strategy Resilient Mobility Growth Drivers 89.6 Million Light Vehicles produced Global Population Growth One of
Slide 13: Global Light Vehicle Production
Global light Vehicle Production Recent years of volatility, with constructive recovery prospects ahead Global light vehicle production by region (Mveh) 95.1 95.2 96.2 1.2% 94.2 90.5 91.1 90.5 92.3 93.2 89.0 89.6 82.3 74.6 77.2 2.4% 25.5 26.1 28.3 28.9 29.9 30.4 25.1 25.8 27.1 27.5 31.7 21.6 23.8 17.
Slide 14: Automotive Sector in Transformation
AUTOMOTIVE SECTOR in transformation Electric vehicle: a strong disruption in the automotive sector Technological level Geographical and manufacturer level LOCATION OF Connectivity PRODUCTION China establishing itself as a leading EV manufacturer and CA exporter Autonomous Europe and North America Dr
Slide 15: Index
INDEX PRESENTATION About Gestamp Sector in transformation: challenges & opportunities Key Credit Highlights Financial overview © Gestamp 2024
Slide 16: Summary Credit Highlights
Summary credit highlights 1 Leading Tier-1 Partner Supplier 2 Technology and innovation leader with well-integrated R&D capabilities 3 Global localized and diversified manufacturing footprint 4 Propulsion agnostic, balanced, and ready for the future and to capitalise on the outsourcing trend 5 Highl
Slide 17: Tier 1 Automotive Supplier with Leading Global Market Positions
Leading Tier-1 partner supplier 01 Tier 1 automotive supplier with leading global market positions Global leading Tier 1 supplier with scale, technology and long-standing client relationships Gestamp in Global Rankings(1) by Product Revenue by Business Revenue by Region (LTM June 2025) (LTM June 202
Slide 18: Trusted Partner to Traditional Clients While Gaining Share with EV Newcomers
Leading Tier-1 partner supplier 01 Trusted partner to traditional clients while continuing to gain share with EV new comers Works with all traditional OEMs, with a diversified client base and helping newcomers succeed Working with major OEMs Expected increase within in new players +1,000 MODELS pene
Slide 19: A Broad Portfolio of Technological Solutions
Technology and innovation leader with well-integrated R&D capabilities 02 A broad portfolio of Technological solutions Gestamp makes car structures across different technologies Cold Hot Aluminium Heat Composites Joining And Hydroforming Stamping Stamping Extrusion Treatments RTM/SMC(1) Assembly - U
Slide 20: Co-Development R&D Strategy: Driving Innovation Through Partnership
Technology and innovation leader with well-integrated R&D capabilities 02 co-development R&D strategy: driving innovation through partnership Key competitive advantages: R&D positioning, industrialization capacity and relationship with clients 1 Prototypes & Testing Research 6 13 R&D Centres Virtual
Slide 21: Local for Local Business Model: A Competitive Advantage
Global localized and diversified manufacturing footprint 03 LOCAL FOR LOCAL business model: A COMPETITIVE ADVANTAGE Proximity to OEMs enables faster response times, lower logistic costs and closer collaboration WESTERN EUROPE NAFTA 45 19 EASTERN South EUROPE ASIA America 21 21 9 Gestamp: Industrial
Slide 22: Growing in China: the Emerging New Force
Global localized and diversified manufacturing footprint 03 Growing in China: the Emerging new force The market CHINA - LV production expected evolution 2022 – 2027 (Mveh) ✓ China responsible for 70% of production of 31.6 31.3 31.4 EV(1) vehicles in 2024 28.8 29.8 26.2 ✓ Rapid growth in EV manufactu
Slide 23: Prepared to Capture the India Medium Term Opportunity
Global localized and diversified manufacturing footprint 03 Prepared to capture the INDIA MEDIUM TERM Opportunity 2024 population (bn people)(1) 2024 LV production volumes (Mveh)(2) The market ✓ India has one of the lowest car penetration rates ✓ Strong GDP growth on the back of large macro tailwind
Slide 24: Propulsion Agnostic, Balanced, and Ready for the Future
Propulsion agnostic, balanced, and ready for the future and to capitalise on the outsourcing trend 04 Propulsion Agnostic, balanced, and ready for the future at any pace of development Gestamp taking advantage of extension of the ICE lifecycle, and in parallel winning in CPV(1)-accretive electrifica
Slide 25: Revenue Visibility Through a Solid 5-Year Backlog
Highly visible and resilient business model 05 Revenue visibility through A solid 5-year Backlog Robust backlog underpins long-term revenue visibility and strategic growth confidence ✓ €51.1bn secured backlog provides strong revenue visibility and supports multi-year planning 5-year Backlog (1) (€bn
Slide 26: Consistent History of Market Outperformance
Consistent history of market outperformance since IPO 06 consistent HISTORY OF MARKET OUTPERFORMANCE Strong growth since IPO with consistent LVP outperformance 96 +6.2% CAGR 146 11 +5.5% CAGR 16 8.2 8.5 9.1 7.5 8.1 10.7 12.3 12.0 ✓ Strong growth since 31.5% IPO: from 8.2bn in 2017 to 12.0bn in 2024
Slide 27: Built to Withstand: Gestamp's Margin Resilience
Consistent history of market outperformance since IPO 06 Built to withstand: Gestamp’s margin resilience Ability to maintain and improve profitability during industry volume contraction and call-off volatility Gestamp EBITDA Margin vs. Global Light Vehicle Production 95.1 94.2 89.0 74.6 77.2 82.3 90
Slide 28: Delivering on the Phoenix Plan as a Key Priority
Consistent history of market outperformance since IPO 06 Delivering on the phoenix plan as a key priority Progressive profitability improvement with a clear roadmap to achieve 2025 and 2026 targets A 360 Plan with NAFTA excluding Phoenix extraordinary Plan Two-level of intervention restructuring pla
Slide 29: Capital Allocation Approach Focused on Preserving a Strong Balance Sheet
Disciplined capital allocation 07 Capital allocation approach focused on Preserving a strong balance sheet 4 FOCUS EFFICIENT WORKING CAPITAL MANAGEMENT ON GENERATING 3 POSITIVE FOCUS ON STRONG BACKLOG TO CONTINUE EXECUTION AND OPERATIONAL FREE CASH FLOW IMPROVEMENTS 2 STRENGTHENING A REVISITED AND S
Slide 30: Adapting Strategy to Preserve Our Future
Disciplined capital allocation 07 GESTAMP IS ADAPTING ITS strategy to preserve our future and continue being a trusted partner Utilizing existing capacities Selective and strategic growth targets Reduce our organic capital Alternative financing options to intensity ensure financial soundness Align C
Slide 31: Proven Track Record of Deleveraging
Disciplined capital allocation 07 Proven Track record of deleveraging Leverage and Net Debt Evolution Net debt in line with 2023 Lowest levels since IFRS implementation 3.3x 2.5x 2.3x 1.8x 1.5x 1.6x(1) 1.5x(2) 2,722 2,485 (2) 2,266 2,145 2,058 2,097 (1) 2,141 FY2019 FY2020 FY2021 FY2022 FY2023 FY202
Slide 32: A Leading Governance Set-up
Highly experienced management, stable ownership 08 A leading governance set-up Experienced management team … … with strong independent oversight Executive Chairman & CEO through a solid Board of Directors … … and with family roots and commitment Francisco José Riberas Mera Chief Corporate Officer Pa
Slide 33: Index
INDEX PRESENTATION About Gestamp Sector in transformation: challenges & opportunities Key Credit Highlights Financial overview © Gestamp 2024
Slide 34: Overview of Financial Performance (2021-LTM H1 2025)
Overview of Financial Performance (2021-LTM H1 2025) Revenues €m 12,274 12,001 11,705 10,726 8,093 2021A 2022A 2023A 2024A LTM H1-2025 EBITDA FCF(2) €m €m €m 12.3% 11.3% 11.2% 10.8% 11.0% 248 255 254 1,371 1,294 1,293 207 1,210 998 103 (1) 2021A 2022A 2023A 2024A LTM H1-2025 2021A 2022A 2023A 2024A
Slide 35: Geographic Diversification Supporting H1-25 Performance
Geographic diversification supporting H1-25 performance Revenues (€m) EBITDA (€m) EBITDA Margin (%) H1 2024 H1 2025 Var. (%) H1 2024 H1 2025 Var. (%) H1 2024 H1 2025 Western Europe 2,204 2,117 (3.9%) 239 217 (9.1%) 10.9% 10.3% Eastern Europe 948 999 5.4% 118 153 29.9% 12.4% 15.3% NAFTA(1) 1,294 1,14
Slide 36: Partnering with Santander to Reinforce Our Balance Sheet
PARTNERING WITH SANTANDER TO REINFORCE OUR BALANCE SHEET Strategic Rationale Santander Bank takes a blended c.38.6% stake in a set of Propcos owners of all Gestamp’s Spanish Real Estate Assets through the creation of new type B preferential shares Crystalizing value from Gestamp’s Assets while… Sa
Slide 37: Summary of Financial Performance (2022 – LTM H1 2025)
Summary of Financial Performance (2022 – LTM h1 2025) (€ in millions) 2022A 2023A 2024A LTM H1-2025 Operating Income 11,043 12,450 12,212 11,876 Growth % 33.2% 12.7% (1.9%) (2.8%) Revenue 10,726 12,274 12,001 11,705 Other operating income 189 197 189 187 Changes in inventories 128 (21) 23 (16) Opera
Slide 38: www.gestamp.com
w w w . g e s t a m p . c o m © Gestamp 2024
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