Gestamp Automocion S.A.

Investor Presentation • Feb 27, 2025

FY 2024 Results presentation February 27th, 2025

DISCLAIMER

This presentation has been prepored solely for use at this presents as of and for the quarter ended December 37°, 2024. By ottending the conference call meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations.

This presentation is not an offer for sale of seating the jurisition. This presentation hos been prepared for informotion and dackground purposes any. It is confidential and does not corpority and should not be construed as an offer or invitation to subscribe for otherwite or otherwite or otherwise acquire any securities of Cestamo Automotion on y member of its group nor should it or any cart of the me besis of or be relied on in comection with any cantroct to purchase of subscribes of the Company or ony member of its group or with ony other contract or commisment wholsever. Micher this presentation nor ary art of it may be reprobled or redictivited passed on or the contents stherwise divided, directly or indirectly or indirectly or indirectly to any other person or published in whole or in part for any purpose without the prior written consent of the Company.

This presentation does not purport to be all increation of of the information that any person may require to mottes of the mottes referred to herein. Each recipient of this presentation must make its own independent investigation and analysis of the Company.

This presentation may contain crisin forwards and judgements that reflect the managements intentions, these foward-boking stotements included to, all statements other than statements of historical facts, including, without, linitiation, thase regarding the Company's future financial positions strategy, plans, objectives, goals and targets and future developments in the markets where the Campary porticipates or is seeking to participate. The contexe is projected results is dependent on many fractors which are outside managements onnial. Actual results may differ materially from (and than) those projected on implied in the forward-looking internation involves risks and uncertainties that could significally and is bosed on certain key assumations. Due to such uncertainties and risks, readers re courioned not to place unduct forward-looking statements as a prediction of octual results. All forward-looking statements included herein are doced on information a williable to the Company as of the Compony undertakes no obligotion to update publicy or revise any forward-looking statement, whether as o realt of new information, future event or otherwise are as now be required by applicable law. All subsequent written and online strements attrioutable to the Company or cersons and are exarestly qualified in their entirety of these coutionary statements. Growth at one roties is a numerical translation of our figures for ever, and not o decription of the stuation if the currences had not moved. Oper split in cotegories is a management, and should not be considered as a subsitiate for odditions of tangible assets, nor depreciation.

In this presentation, we may refer to information regarding our business and the morket in which ve operate and compete. We how other this internetion from various third party sources, inclusity of industry of the our castomers ond our own internel estimates. We cannot osure you that any of this information is occurate or correctly reflects our port none of our internal surveys or information hos been verified by ony independent sources

No representation or warranty, express or included is the fairness accuracy or completeness of the internation contained herein. None of the Company, its advises, connected person ocepts any looking for any best howsever arising, directly of indirectly, from the presentation or is contents. This sholl not, however, restinct or exclude or limit any duty or liefel any applicable lows ar regulations of any jurisdiction which may not lowfully be distrined (includinq in relation to fraudulent misrepresentation).

INDEX PRESENTATION

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KEY HIGHLIGHTS FOR FY 2024

FINANCIAL OVERVIEW

OUTLOOK AND REMARKS

FY 2024 KEY HIGHLIGHTS

Gestamp Gestamp

Delivering good results in an unprecedented complex and volatile environment

• 1. Gettanphonganic growth (evoluling Cesara) at Filice (in compress in cultures in Gestimis Cottinin as of Education (sourine as of Editorial as of Editorial as of Editorial Global Mobility Copyright © [IHS_LV_Production_Bodystyle_Global_2025M02]. All rights reserved
• 1. Excluding Phoenix Plan impact on P&L of €25m in FY 2024. Reported EBITDA is €1,294m
• 1. FCF defined as change in net debt excluding acquisitions as well as dividends.
• 1. Leverage defined as Net Debt to LTM EBITDA. Excluding Phoenix Plan impact on P&L of c.€25m in FY 2024

A YEAR MARKED BY VOLUMES VOLATILITY AND LACK OF GROWTH

Gestamp

Global production negatively impacted by lower production in Western Europe and NAFTA

1 . Production is in E. geographies according data and February 2025. Includes content supplied by SP Global Molily Copyright @ H. L. L. Probution Body the 2020 v201 All rights reserved

2024 UPDATED GUIDANCE ACHIEVED

Gestamp Gestamp

Note: All figures including IFRS 16. Updated guidance based on S&P Global Mobility estimated LV production as of October 2024

• 1. Based on current S&P Global Mobility estimated LV production as of February 2025 growth, at FX constant
• 1. Auto Business EBITDA Margin excluding extraordinary costs
• 1. FCF defined as change in net debt excluding acquisitions as well as dividends and excluding extraordinary costs
• 1. Leverage defined as Net Debt to LTM EBITDA excluding extraordinary costs

SINCE IPO STRENGTHENING OUR FINANCIAL POSITION

In a market environment with lower production volumes and a sector facing an in-depth transformation, Gestamp continues to reinforce its financial strength to protect its positioning

Production volumes in Gestamp's of February 2025. Included by SP Order Mobility Copyright @ INS.L.L. Production Bodysty & Obtal.2025.W.I. (1) reserved

2 . FY 2017 EBTDA figure restared assuming IFRS in only in a caraj FY 2024 EBTDA excuding Phoenix Plannir Plan impect on P&L of E25m in F 2024

1. Leverage defined as Net Dest to LIM EBITDA and Net Cebtif ques restated assumino FRS 16 non-audited impectos of F 2009 lleat available in P2024 Lat available data, FF 2024 LT Net Debt figures excluding Phoenix Plan impact on P&L of c.€25m and CAPEX of c.€6m in FY 2024

MARKET OUTPERFORMANCE IN FY 2024

FY 2024 Cestamp Auto Business Revenue Growth at FX Constant®vs. Market Production Growth in Gestamp Footprint

Outperformance of +5.4 p.p. on a weighted basis 2 at FX constant in FY 2024

• 1. Getamp's growth (evoluling Gescript in Phones Production valumes Poduction valumes in Getamisfortunities of February 225. Induse comments opplied of 50 Clobal Mobility Copyright © [HS_LV_Production_Bodystyle_Global_2025M22], All rights reserved. Western line with our reporting
• 1. Market and Gestamp weighted growth measured with FY 2023 geographical weights as a base

STABLE EV RELATED SALES

Slower than projected EV production through the year, specially in Western Europe and NAFTA, key regions for Gestamp EV revenues

Production white in HS geografies acording to StP Copyright @ Alternative Proplaism Plasting Planet (Elim Market Personal) parat treat management personalized in and the pr

1. Refering only to Sales of Parts, which are calculated revenues excluding those from Gescrap as well as scrap and tooling prototypes

phoenix plan: one step towards reaching the targets

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11 © Gestamp 2025

Gestamp

EBIT (€) / Scrap

Source: Bloomberg

1. Europe figures taken from an average between Turkey Steel Scrap (HVS 12 6020) Spot CFR Index and Germany Steel Demoiltion Scrap (E3) Spot Ex-Morks Index

2. 1. North America Steel #1 Busheling Scrap Spot Index
3. 1. China Heavy Steel Scrap Over 8mm Shanghai Price Index
4. 1. Tons of scrap managed by Gescrap: 2,147k Tons as of FY 2023 and 2,064k Tons as of FY 2024

GESCRAP: STRONG PROFITABILITY AMOST LOWER MARKET PRICES

INDEX PRESENTATION

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KEY HIGHLIGHTS FOR FY 2024

FINANCIAL OVERVIEW

OUTLOOK AND REMARKS

FINANCIAL PERFORMANCE IN FY 2024

Reported revenues have decreased by -2.2%(3) YoY in FY 2024 Reported EBITDA has decreased by -5.6% YoY

Note: All figures including IFRS 16

• 1. FCF defined as change in net debt excluding acquisitions as well as dividends
• 1. Phoenix Plan impact on P&L of c.€25m and CAPEX of c.€6m related to restructuring of NAFTA business announced in FY 2023
• 1. Revenues for the Auto Business (excluding Gescrap) at FX constant have grown by +4.5% YoY in FY 2024

Geographic diversification supporting 2024 performance

		FY 2023	FY 2024	Var. (%)	fy 2023	fy 2024	Var. (%)	fy 2023	fy 2024
		4,671	4,219	-9.7%	540	480	-11.0%
		1,713	1,902	+11.0%	248	254	+2.2%
		2,472	2,402	-2.8%	166	169	+1.9%
		899	928	+3.1%	105	88	-16.6%
		1,892	1,976	+4.5%	266	277	+4.0%
		626	574	-8.3%	46	52	+11.2%
		12,274	12,001	-2.2%	1,371	1,319	-3.8%

FREE CASH FLOW EVOLUTION IN FY 2024

Gestamp

FCF(1) Generation of +€134m(2) in 2024

• ✓ Lower volumes production impacting FCF generation in the year
• ✓ Negative currency fluctuation in the year also negatively impacting
• ✔ Reversing an extraordinary Working Capital outflow in Q3 this Q4 ...

Note: All figures including IFRS 16

1. FCF defined as change in net debt excluding acquisitions as well as dividends

2. Phoenix Plan impact on P&L of c.€25m and CAPEX of c.€6m in FY 2024

3. Includes minorities' acquisitions, M&A and equity contributions

EXTRAORDINARY Working capital impacts reversed in Q4

FOCUS ON MAINTAINING A DISCIPLINE FINANCIAL PROFILE

Solid liquidity position and a well-structured debt without substantial maturities in the short term

Note: 2017 & 2018 figures pre-IFRS 16 implementation

1. Excluding Phoenix Plan impact on P&L of c.€25m and CAPEX of c.€6m in FY 2024

Gestamp

ROCE temporary impacted by tough market conditions

INDEX PRESENTATION

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KEY HIGHLIGHTS FOR FY 2024

FINANCIAL OVERVIEW

OUTLOOK AND REMARKS

PRODUCTION STABILIZING AT A SIMILAR LEVEL TO 2019 IN 2025

Unprecedented volatility and limited visibility over 2024 resulted in a series of downward revision to 2025 light vehicle production forecast. Now, it is expected to remain stable at around 89.5 Myeh

LV Production(1) in S&P Global Mobility Geographies (Mveh)

Production volumes in HS geographies according to S&P Global Mobility data as of February 2025. Indudes content supplied by S&P Global Mobility Copyright © [IHS_LV_Production_Bodystyle_Global_2025M02]. All rights reserved

Gestamp م

2025 bringing new threats and opportunities

Within a context of high uncertainty, volatility, and limited market growth, we need to return to our long-established business fundamentals and pursue further value creation opportunities by leading changes that will drive us to succeed in the industry transformation

A SOLID 5-YEAR BACKLOG AND A CLEAR EXECUTION PLAN

SHORT TERM INTTATIVES TO ENSURE PROFITABILITY

Cost control measures at all levels of the organization (corporate, division ... )

Reevaluating our installed capacity to seek inefficiencies and resizing opportunities

Further flexibility measures to ensure cost control and adapt to a more volatile environment

PHOENIX to structurally improve profitability in NAFTA

A well-defined Action Plan to preserve our cost competitiveness and market positioning

1. Replesents sales of parts that the company expects to record, including production and awarded business, over the period

2. Revenues excluding revenues from Gescrap, as well as scrap and tooling prototypes

Gestamp &

Preserving a strong balance sheet

Guidance 2025

Committed on delivering on our guidance and reinforcing our financial and strategic positioning

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2025 action plan

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CLOSING REMARKS

FY 2024 Solid Results

2025 looking at stability

Focus on

PH3@NIX

On track

profitability & financial discipline

GESTAMP THE PARTNER SUPPLER @ 9 m + ● ●

w w w . g e s t a m p . c o m

回流的回 STOR

Clear ROADMAP FOR THE long run…

FINANCIAL PERFORMANCE IN 04 2024

Reported revenues have decreased by -4.0%(3) YoY in Q4 2024 Reported EBITDA has decreased by -0.5% YoY

Note: All figures including IFRS 16

• 1. FCF defined as change in net debt excluding acquisitions as well as dividends
• 1. Phoenix Plan impact on P&L of c.€2m related to restructuring of NAFTA business announced in FV 2023
• 1. Revenues for the Auto Business (excluding Gescrap) at FX constant have grown by +1.1% YoY in Q4 2024

Appendix – alternative performance measures

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