Vitesco Technologies Group AG

Investor Presentation • Oct 11, 2022

BUILDING AN ELECTRIFICATION POWERHOUSE

CAPITAL MARKET DAY

Regensburg, October 11, 2022

Public

DISCLAIMER

This presentation may contain forward-looking statements, estimates, opinions and projections regarding the expected future performance of Vitesco Technologies Group AG and the expected development of the market environment. These forward-looking statements can be recognized by terms such as "expect", "anticipate", "plan", "estimate", "will" or words with similar meaning. The presentation is intended only to provide a general overview of the business activities of Vitesco Technologies Group AG and does not purport to cover all aspects and details of such business activities. Vitesco Technologies Group AG has made such forward-looking statements on the basis of the information available to it and assumptions it believes to be reasonable. This information is based on the respective sources mentioned, validated with internal information. The forward-looking statements and information may involve risks and uncertainties, and actual results may differ materially from those forecasts.

Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. This presentation is for information purposes only. It is not intended to constitute investment advice or an offer to sell, or a solicitation to buy, any securities. Any forward-looking statements included herein only speak as at the date of this presentation. Vitesco Technologies Group AG does not assume any obligation to update such forward-looking statements and to adapt them to future events or developments. Accordingly, neither Vitesco Technologies Group AG nor any of its affiliated companies nor any of their directors, officers, employees or advisers nor any other person makes any representation or warranty, express or implied, as to, and accordingly no reliance should be placed on, the accuracy or completeness of the information contained in the presentation or of the views expressed or implied. Neither Vites co Technologies Group AG nor any of its affiliated companies nor any of their directors, officers, employees or advisors nor any other person shall have any liability whatsoever for any errors or omissions or for any loss howsoever arising, directly or indirectly, from any use of this information or its contents or otherwise arising in connection therewith. Rounding differences may occur.

WE ARE BUILDING AN ELECTRIFICATION POWERHOUSE

1 POWERING CLEAN MOBILITY	Andreas Wolf
2 DRIVING SUSTAINABILITY	Ingo Holstein
3 INTRODUCING POWERTRAIN SOLUTIONS DIVISION	Klaus Hau
4 INTRODUCING ELECTRIFICATION SOLUTIONS DIVISION	Thomas Stierle
5 DEFINING NEW MID-TERM TARGETS	Werner Volz
6 QUESTIONS & ANSWERS	Management Team
7 EXECUTIVE SUMMARY	Andreas Wolf

POWERING CLEAN MOBILITY

THE ELECTRIFIED FUTURE IS CERTAIN AND ACCELERATING

Legislative pressure is increasing

1

2

3

BEV and PHEV models will outnumber ICE models in 2027

The trend toward electrification keeps on accelerating

LEGISLATION WILL CONTINUOUSLY FOCUS ON ELIMINATING CO2 EMISSIONS AND SHAPING FUTURE VEHICLE MARKETS

Passenger car fleet CO² emission regulation

Sources: EU: EU monitoring data, CO² emission performance standards Regulation EU 2019/63,1; EU "Fit for 55" Package. USA: US EPA 2021 Automotive Trend Report, EPA Final GHG emission rule 2021. China: Internal information. Note: Data is not directly comparable as different test procedures apply.

ALREADY BY 2027, AVAILABLE BEV AND PHEV MODELS WILL OUTNUMBER ICE MODELS

Worldwide number of pure ICE and BEV + PHEV models

Source: S&P Global Mobility, Light Vehicle Powertrain Forecast (08/2022).

BEV: Battery Electric Vehicle. PHEV: Plug-in Hybrid Electric Vehicle. FHEV: Full Hybrid Electric Vehicle. ICE: Internal Combustion Engine.

SINCE OUR LAST CMD, THE TREND TOWARD ELECTRIFICATION HAS ACCELERATED EVEN FURTHER

Electrification share in global light vehicle production

Source: Current assumption based on S&P Global Mobility, Light Vehicle Powertrain Forecast (08/2022). Previous assumption based on Roland Berger, "Powertrain Market" Study, 12/2020. BEV: Battery Electric Vehicle. PHEV: Plug-in Hybrid Electric Vehicle. FHEV: Full Hybrid Electric Vehicle. ICE: Internal Combustion Engine. 1 Increase in BEV penetration refers to current assumption compared to assumption from previous CMD for the same period.

WE ARE A WINNER IN E-MOBILITY

Electric components will largely remain outsourced 1

2

3

We are well positioned with strong order intake

We re-shape our organization to drive the transformation

ELECTRIC COMPONENTS WILL LARGELY REMAIN OUTSOURCED TO SUPPLIERS BY 2025 AND BEYOND

Source: Company estimates. 2030 is based on the assumption of a consistent sourcing strategy from OEMs compared to 2025e. Notes: ¹ Suppliers may still deliver components (e.g. power module or stator or rotor) since OEMs production are typically not fully vertically integrated.

WE SECURED €10 BN OF ELECTRIFICATION ORDER INTAKE SINCE THE BEGINNING OF H2 2021

OUR ORDER INTAKE MOMENTUM IS CLEARLY DEMONSTRATING OUR STRONG POSITION IN THE MARKET

Order intake (€ bn)

Order intake defined as sum of acquired lifetime sales within the respective fiscal year. Order backlog defined as sum of cumulative order intake not yet booked as sales. ¹Ratio of order intake over sales excluding Contract Manufacturing. ² Electrified business of Sensing & Actuation and Electronic Controls business units.

THE LARGE ORDER WIN FOR OUR THERMAL MANAGEMENT SOLUTIONS PROVES OUR STRONG SYSTEM COMPETENCE

Increased range Extended lifetime

Fast charging

New business win

Order Intake

• More than €1 bn business awarded from a global customer in fall 2022

• Volume awarded for all major electrification markets

Specifications

• Thermal management for battery electric vehicles

• Regulation of optimum temperature range for high-voltage components

• Highly integrated thermal management module

OUR DIVISIONS REFLECT THE TRANSFORMATION AND FOSTER CUSTOMER PROXIMITY AND TRANSPARENCY

OUR TRANSFORMATION PLAN BEARS FRUIT

We deliver on our commitments

We are well on track to achieve our mid-term targets

We raise our sales expectations in electrification 3

1

WE CONTINUOUSLY DELIVER ON OUR COMMITMENTS AND ARE WELL ON TRACK TO ACHIEVE OUR MID-TERM TARGETS

We are ramping up our electrified business

Sales target for electrification in FY 2022e

Our electrification order intake underlines future growth dynamic

Electrification order intake since the beginning of H2/2021¹

We are actively exploring options to accelerate our transformation

Successful divestment of multiple locations as well as Catalysts & Filter product line

Profitability in Electrification Technology is improving

Gross margin improvements y/y in Electrification Technology²

Our core technologies provide cash and value for our transformation

10.5% > 45% Adj. EBIT³ margin in Sensing & Actuation core technologies²

We are executing our transformation according to plan

Transformation projects finalized¹

Order intake defined as sum of acquired lifetime sales within the respective period. ¹ As of 06/2022. ² In FY 2021. ³ Before consolidation, amortization of intangibles from PPA and special effects.

1,2

THE STRONG ELECTRIFICATION MOMENTUM LEADS TO HIGHER SALES TARGETS FOR THE MID- AND LONG-TERM

Figures for 2026e and 2030e represent targeted organic sales development of Vitesco Technologies in the respective year. CAGR: Compound annual growth rate.

ESG IS OUR KEY ENABLER TO LONG-TERM SUCCESS

"Powering clean mobility" is our mission

1

2

3

We offer fair and attractive working conditions

We are actively committed to ethical business practices

ESG IS OUR KEY ENABLER TO LONG-TERM SUCCESS

share of business with electric and electrified solutions

90.6%

climate neutrality rate of total own CO2e-emissions¹

92.6%

waste recovery quota²

13.6%

share of women in management positions (executives and senior executives)

90.0%

share of strategic suppliers covered by Business Partner Code of Conduct³

1.9

accident rate (number of accidents per million hours worked)

Note: All data as per end of FY 2021. ¹ Definition according to GHG Protocol. Includes the relevant production and research and development sites. Calculated using the market-based calculation method of the GHG Protocol. Where no contract-specific emission factors were available, the standard emission factors from Defra (09/2020) were used. Includes the purchase of biomethane. ² Definition: Percentage of waste that was recycled or sent for material, thermal, or other recovery. Coverage of relevant production and relevant research and development sites. ³Basis: Strategic Supplier List (SSL); suppliers must meet various requirements to be listed as a strategic supplier.

1-3

WE ARE STRONGLY POSITIONED …

… IN A HIGHLY DYNAMIC GROWTH ENVIRONMENT

The electrified future is certain and accelerating

>70% Electrified vehicle

share in 2030e¹

Our transformation plan bears fruit

>€1 bn Electrification sales

in FY 2022e

We are a winner in e-mobility

6.7 bn Electrified business order intake in H1 2022

ESG is our key enabler to long-term success

90.6% Climate neutrality rate of total own CO2 e-emissions²

Order intake defined as sum of acquired lifetime sales within the respective period.

¹Source: Based on S&P Global Mobility, Light Vehicle Powertrain Forecast (08/2022).² Definition according to GHG Protocol. Includes the relevant production and research and development sites. Calculated using the market-based calculation method of the GHG Protocol. Where no contract-specific emission factors were available, the standard emission factors from Defra (09/2020) were used. Includes the purchase of biomethane. As per end of FY 2021.

SUSTAINABILITY IS AT THE CORE OF OUR STRATEGY AND DAILY BUSINESS IN PRODUCTS AND PROCESSES

Electrified. Emotion. Everywhere.

ESG: WE COMMIT OURSELVES TO CLIMATE NEUTRALITY ALONG THE ENTIRE VALUE CHAIN BY 2040 AT THE LATEST

¹According to Greenhouse Gas (GHG) Protocol. ² According to Greenhouse Gas (GHG) Protocol, Science-Based Targets initiative (SBTi), Global Reporting Initiative (GRI), Task Force on Climate-Related Financial Disclosure (TCFD), Carbon Disclosure Project (CDP). ³Referring to scope 1, 2 and 3 CO2 emissions as defined by the Greenhouse Gas Protocol, World Resources Institute (WRI), World Business Council for Sustainable Development.

ESG: WE WILL IMPLEMENT LIFE CYCLE ENGINEERING FOR ALL OUR NEW PRODUCTS

Product

Our strategic target: 100% Life Cycle Engineering for new products by 2030

Cradle to gate refers to the upstream processes in the production chain of a product until the stage at which the product is ready for use. Source: Company information. EMR4: Electric Motor Reducer 4. ¹Global Warming Potential in CO² equivalent. ² LCA: Life Cycle Assessment.

ESG: OUR PRODUCTS CAN OFFER SIGNIFICANT IMPROVEMENTS OVER THE VALUE CHAIN

Product

Global warming potential along the supply chain

Upstream emissions are highly impacted by our component design and choice of materials

Source: Company information. EMR4: Electric Motor Reducer 4. ¹Global Warming Potential in CO² equivalent. ²According to Worldwide Harmonized Light Vehicle Test Cycle (WLTC), considering the EU 27 energy mix from 2021.

ESG: OUR PRODUCTS CAN OFFER SIGNIFICANT IMPROVEMENTS OVER THE VALUE CHAIN

Product

Global warming potential along the supply chain

We work jointly with our partners on the challenges concerning data and quality

ESG: OUR HUMAN RIGHTS DUE DILIGENCE AND SUPPLY CHAIN DUE DILIGENCE PROCESSES ARE WELL-ESTABLISHED BY 2023

Currently ongoing

Integrating Human Rights management system into existing management systems

suppliers

Conducting Human Rights trainings both for employees and

Preparing legal readiness check by independent external agency in November 2022

Published Human Rights Policy and Code of Conduct for employees and business associates

Joined the Responsible Business Alliance¹

Risk assessment of own operations finalized, assessment of supply chain ongoing

Fully compliant with the German Supply Chain Act by 2023

ESG: OUR SOLID GOVERNANCE AND COMPLIANCE STRUCTURE IS THE BACKBONE OF OUR BUSINESS ACTIVITIES

Accountability

• Experienced and diverse supervisory board with proven industry and financial experts

• Implementation of additional risk mitigating structures such as compliance management system

Transparency

• Prime standard listing, the highest level of transparency in European stock markets

• Publication of additional information such as our sustainability report or comprehensive data on governance

Fairness

• Consideration and management of different stakeholder expectations

• Human Rights Policy and Code of Conduct as basis for economic decision making

Responsibility

• Organizational structures and responsibilities are clearly defined in our Rules of Cooperation

• Ensuring sustainable development by committing to climate protection goals and stakeholder demands

German Corporate Governance Codex provides the foundation of our governance structures

ESG: QUALITY, SAFETY AND COMPLIANCE OF OUR PRODUCTS AND SERVICES IS ONE OF OUR TOP PRIORITIES

WE ARE CONTINUOUSLY WORKING …

… ON IMPROVING OUR ESG CAPABILITIES

We are committed to climate protection

2040 as a target for scope 3 climate neutrality¹

We implement human rights due diligence processes

By 2023 GSCA² compliance will be achieved and proven

We continuously improve the sustainability of our products and our supply chain

100% Life cycle engineering for new products by 2030 targeted

We are building a strong governance system

TCMS ensures product safety and integrity³

¹Referring to scope 3 CO² emissions as defined by the Greenhouse Gas Protocol, World Resources Institute (WRI), World Business Council for Sustainable Development. ² GSCA: German Supply Chain Act. ³ Technical Compliance Management System.

INTRODUCING POWERTRAIN SOLUTIONS DIVISION

POWERTRAIN SOLUTIONS DELIVERS CASH AND VALUE AS A FOUNDATION FOR OUR TRANSFORMATION

WE ARE WELL ON TRACK WITH OUR PHASE-OUT OF NON-CORE TECHNOLOGIES AND CONTRACT MANUFACTURING

Sales distribution of Powertrain Solutions division

¹Already considering closing of Catalysts & Filters product line divestment.

OUR PORTFOLIO CONTRIBUTES STRONGLY TO A CLEAN AND EFFICIENT MOBILITY – TODAY AND IN THE FUTURE

Leading market position products contributing to clean and efficient mobility

ICE: Internal Combustion Engine. ¹ Source: S&P Global Mobility, Light Vehicle Powertrain Forecast (08/2022). S&P Global Mobility, Medium/Heavy CV Engine Production Forecast (07/2022). Company estimates. ² Source: S&P Global Mobility, AftermarketInsight (08/2022). Includes hybrid vehicles. ³ From FY 2021 to FY 2026e. ⁴Defined as (Adj. EBITDA – Capex) / Adj. EBITDA. Already considering closing of Catalysts & Filters product line divestment.

WE CONTINUOUSLY RE-DEPLOY OUR TECHNOLOGIES INTO NEW APPLICATIONS TO ENSURE RESILIENT PROFITABILITY

NOx sensor for gasoline applications

Order intake defined as sum of acquired lifetime sales within the respective fiscal year. ¹ Source: Company estimates.

OUR COMMERCIAL VEHICLE ACTIVITIES ARE A STRONG BACKBONE FOR OUR CONTINUOUS SUCCESS

Selected product examples from our commercial vehicle portfolio

CV: Commercial Vehicle. ¹ In FY 2021.

OUR RESILIENT POWERTRAIN BUSINESS …

… PROVIDES VALUE AND CASH TO ENABLE THE SELF-FUNDED TRANSFORMATION

We are successfully managing the phase-out

>50% Non-core ICE technologies to be phased-out until 2026

We continue to leverage our existing products into new applications

>€500 mn NOx gasoline

order intake in 2022¹ >65% Cash conversion rate

Our commercial vehicle business is a strong backbone

>€1.2 bn Commercial vehicle

order intake in 2021

Our business is resilient and ensures a sustainable cash generation

in 2022e²

¹As per end of H1 2022. Order intake defined as sum of acquired lifetime sales within the respective fiscal year. ²Defined as (Adj. EBITDA – Capex) / Adj. EBITDA.

OUR NEW DIVISIONAL SETUP WILL ENSURE THE FUTURE SUCCESS OF VITESCO TECHNOLOGIES

INTRODUCING ELECTRIFICATION SOLUTIONS DIVISION

ELECTRIFICATION SOLUTIONS MAKES MOBILITY CLEAN, SAFE AND AFFORDABLE

Adapting to the highly dynamic e-market Securing order intake for profitable growth Transforming our workforce from combustion to electrification Executing safe product launches globally Leveraging our expertise to power more innovation What drives us ~€2.2 bn sales in FY 2021 Controls Electric Drive Systems Inverter High Voltage Box Master/Zone Controllers Battery Management System Integrated Axle Drive 48V Mild-Hybrid Drives Thermal Management Solutions

Transmission Control Unit

DC/DC Converter

WE ARE A FULL SYSTEM SUPPLIER WITH MORE THAN 15 YEARS OF EXPERIENCE IN ELECTRIFIED PROPULSION

Systems and components for the powertrain of battery electric vehicles

Solutions for 400V and 800V architectures

Propulsion scenario agnostic product design covers also mild, full and plug-in hybrids

Modular solutions with tailormade interfaces to meet our customers' demand

Extensive expertise in system and software development across all products

OUR NEXT GENERATION INVERTER TAKES MODULARITY AND SCALABILITY TO NEW LEVELS

Modular design of 4th generation inverter for flexible integration

• Stand-alone and axle drive integrated

• Capability to power magnet and magnet-free motors

Adaptable solutions for almost all vehicle segments

• Power modules with Si and SiC

• 400V / 800V readiness, in same package

Power range 80–400kW

WE RE-DEPLOY OUR EXTENSIVE ELECTRONICS EXPERTISE ACROSS OUR ELECTRIFICATION PORTFOLIO

HW: Hardware. SW: Software. ¹ Top 10 OEM per volume in 2021 worldwide. ²For Master Controller and Battery Management System. ³According to ISO26262 and ISO21434.

OUR MODULAR PRODUCT PLATFORMS SUPPORT BOTH COMPONENTS AND INTEGRATED SYSTEM BUSINESS

Our DNA Product excellence Modular & scalable platforms Flexible business models: components to systems Electronics & system expertise + + = High voltage integrated axle drive For any customer sourcing strategy: Attractive solutions covering components and complete systems Components Integrated systems Rotor and Stator Power Module Inverter Robust high-performance components 8 new series awards¹

Integrated Axle Drive

25% lighter²

5% increased efficiency²

1 New customer projects for axle drive components since the beginning of 2021, not counting awards for volume extensions. 2 Increased efficiency and lower weight compared to previous generation.

OUR CUSTOMERS VALUE AND TRUST OUR ELECTRIFICATION SOLUTIONS

Selected single orders by ...

With our diversified and scalable portfolio, we win business with major manufacturers in all key regions

WE HAVE A CLEAR PLAN TO EXECUTE ON THE ACQUIRED ORDER INTAKE, STARTING WITH ENGINEERING

Source: Company information. ICE: Internal Combustion Engine. ¹ Includes support of serial products. ² Figure for group engineering organization of Vitesco Technologies dedicated to Electrification Solutions division. As per 09/2022.

WE SAFELY LAUNCH OUR NEW PRODUCTS IN OUR ESTABLISHED ELECTRONICS MANUFACTURING PLANTS

We produce in the market for the market

New electrification production lines installed in 2021 and 2022¹

Note: Flags represent the number of Electrification Solutions division' production locations in the respective regions. ¹Production of certain products requires more than one production line.

OUR LONG-STANDING RELATIONSHIPS WITH OUR SUPPLIERS ARE CARRIED OVER INTO ELECTRIFICATION

Our transformation benefits from well-established global supply chains

30+ years production experience

Electrification supplier need covered by existing supplier base

Vehicles equipped with our electrification solutions¹

Electronics, electromechanics & metal parts share of total purchasing volume²

Mechanics

10+ years production experience²

OUR ENTIRE ORGANIZATION IS GEARED TO ENSURE SUCCESSFUL PROJECT EXECUTION FROM ACQUISITION TO SERIES

We continuously improve project execution along the entire product life cycle

Project excellence

Leadership team members support as champion for key projects

Project safeguarding

Quote maturity assessment for all main platforms, approved by BU management, resulting in significantly improved projectfirst-time-right rate

R&D efficiency

Implementation of agile methodology to system and software scope

OUR STRATEGIC PARTNERSHIPS WILL ENSURE LEADING TECHNOLOGY AND EFFICIENT E-MOBILITY SOLUTIONS

Supplier partnerships¹ Customer partnerships¹

Semiconductor & raw material

• Cooperation with key semiconductor suppliers

• Securing technologies access and supply for silicon carbide (SiC) and gallium nitride (GaN)

• Working on additional partnerships in the areas of eSteel, magnets, aluminum die cast, among others

Access to >50% of global SiC wafer capacity

Integrated power electronics

• Strategic partnership with an electrification pioneer and one of the largest BEV manufacturers

• Development and production of highly integrated & compact power electronics (45% volume reduction)

¹Selected partnerships.

OUR MODULAR AND SCALABLE TECHNOLOGIES …

… DRIVE OUR PROFITABLE GROWTH IN A RAPIDLY ACCELERATING E-MARKET

Highly innovative established e-mobility powerhouse

electrification solutions

We leverage our electronics competence towards e-mobility for successful project execution

>30 Years of electronics expertise

Strong order intake underlines attractiveness of our portfolio

4

€10 bn Combined order intake in H2/2021 and H1/2022

Our strategic partnerships drive the future of e-mobility

Strategic partnerships and cooperations announced so far

Source: Company information. Order intake defined as sum of acquired lifetime sales within the respective fiscal year.

OUR NEW ORGANIZATIONAL STRUCTURE WILL ENSURE CONSISTENT REPORTING AND HIGH TRANSPARENCY

Former reporting KPIs New reporting KPIs

THE ELECTRIFIED BUSINESS CAGR OF ~ 40% WILL CONTINUE TO DRIVE OUR OVERALL MID-TERM GROWTH

Figures for 2026e and 2030e represent targeted organic sales development of Vitesco Technologies in the respective year. CAGR: Compound annual growth rate.

OUR ELECTRIFIED BUSINESS WILL BE THE KEY GROWTH DRIVER IN THE UPCOMING YEARS AND BREAK EVEN BY 2024

Electrified business (sales in € mn)

ET BU: Electrification Technology Business Unit. Source: Company information. Notes: ¹Order backlog defined as sum of cumulative order intake not yet booked as sales. As per end of 06/2022. ² Before consolidation, amortization of intangibles from PPA and special effects. ³Break-even is subject to Vitesco Technologies' ability to pass-on inflationary effects, especially regarding input material.

SCALE EFFECTS AND OPERATIONAL IMPROVEMENTS WILL RESULT IN 7 TO 9 PERCENT ADJUSTED EBIT MARGIN IN 2026

Figures for 2026e and 2030e represent targeted adjusted EBIT development of Vitesco Technologies in the respective year. Adjusted EBIT before consolidation, amortization of intangibles from PPA and special effects.

WE WILL USE OUR LIQUIDITY TO ENSURE PROFITABLE GROWTH AND TO PAY A DIVIDEND TO OUR SHAREHOLDERS

AGM: Annual general meeting.¹Free cash flow calculated as operating cash flow and investing cash flow. ² Before consolidation and special effects. ³Dividend payout defined as dividend payment divided by net income attributable to shareholder. Payout after approval of AGM in 2024 for result of FY 2023.

WE ARE WELL-POSITIONED TO BE A WINNER IN ELECTRIFICATION AND HAVE THE FINANCIAL BASE TO FUND THE TRANSFORMATION

Summary of our 2026e mid-term targets

Group sales CAGR1 4.0 – 6.0%			Capex3 % of sales	~6.0%
Powertrain Solutions	Electrification Solutions
CAGR1 to decrease in mid-single digits due to phase-out	CAGR1 of above 20% targeted, with €5 bn electrification sales		Free cash flow4	>€400 mn
Group adj. EBIT2 margin 7.0 – 9.0%		Group	Net debt /	<1.0x
Powertrain Solutions	Electrification Solutions		adj.EBITDA5
Double-digit adj. EBIT2 margin in 2026e	7.0 to 9.0% adj. EBIT2 margin to be achieved by 2026e		Dividend payout6	15–30%

Source: Company information. Notes: Phase-out timeline may vary depending on strategic decisions and customer demand. ¹ Mid-term growth target as a CAGR based on FY 2021. ² Before consolidation, amortization of intangibles from PPA and special effects. ³ Capex excluding right of use assets (IFRS 16). ⁴ Free cash flow calculated as operating cash flow and investing cash flow. ⁵ Before consolidation and special effects. ⁶Dividend payout defined as dividend payment divided by net income attributable to shareholder.

WE ARE IN EXCELLENT FINANCIAL SHAPE …

… TO BE A WINNER OF THE TRANSFORMATION

Our core technologies will finance the transformation

electrified business >10% ¹ Adj. EBIT margin targeted mid-term in Powertrain Solutions division

Despite the transformation, our balance sheet remains solid

<1.0x Net debt / adj. EBITDA² not be exceeded by 2026e Our current order backlog will result in dynamic electrification top-line growth

~40% Mid-term sales CAGR in

Our anticipated strong cash conversion will allow dividend payments

15-30% Dividend payout,

starting 2024e

Adjusted EBIT before consolidation, amortization of intangibles from PPA and special effects. CAGR: Compound annual growth rate. ¹ Mid-term growth target as a CAGR based on FY 2021 until FY 2026e. ² Before consolidation and special effects.

Q&A

WE ARE IDEALLY POSITIONED TO SHAPE THE TRANSFOR-MATION AND BECOME AN ELECTRIFICATION POWERHOUSE

HOW TO REACH OUR INVESTOR RELATIONS TEAM

Heiko Eber - Head of Investor Relations Phone: +49 941 2031-72348 Email: heiko.eber@vitesco.com

Jens von Seckendorff - Senior Investor Relations Manager Phone: +49 941 2031-6381 Email: jens.von.seckendorff@vitesco.com

Max Westmeyer - Senior Investor Relations Manager Phone: +49 941 2031-8823 Email: max.westmeyer@vitesco.com

Gagan Sehgal - Investor Relations Manager Phone: +49 941 2031-3099 Email: garish.gagan.sehgal@vitesco.com

THANK YOU