Gestamp Automocion S.A.

Investor Presentation • Jun 15, 2021

June 15th

1

Disclaimer

This presentation has been prepared solely for use at this Capital Markets Day held on June 15th, 2021. By attending the webcast 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 securities in the United States or in any other jurisdiction. This presentation has been prepared for information and background purposes only. It is confidential and does not constitute or form part of, and should not be construed as, an offer or invitation to subscribe for, underwrite or otherwise acquire, any securities of Gestamp Automoción, S.A. (the "Company") or any member of its group nor should it or any part of it form the basis of, or be relied on in connection with, any contract to purchase or subscribe for any securities of the Company or any member of its group or with any other contract or commitment whatsoever. Neither this presentation nor any part of it may be reproduced (electronically or otherwise) or redistributed, passed on, or the contents otherwise divulged, directly or indirectly, to any other person or published in whole or in part for any purpose without the prior written consent of the Company.

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This presentation may contain certain forward-looking statements and judgements that reflect the management's intentions, beliefs or current expectations. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts, including, without, limitation, those regarding the Company's future financial position and results of operations, strategy, plans, objectives, goals and targets and future developments in the markets where the Company participates or is seeking to participate. The Company's ability to achieve its projected results is dependent on many factors which are outside management's control. Actual results may differ materially from (and be more negative than) those projected or implied in the forward-looking statements. Such forward-looking information involves risks and uncertainties that could significantly affect expected results and is based on certain key assumptions. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements as a prediction of actual results. All forward-looking statements included herein are based on information available to the Company as of the date hereof. The Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by applicable law. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Growth at constant exchange rates is a numerical translation of our figures from local currencies to euros, and not a description of the situation if the currencies had not moved. Capex split in categories is a management judgement, and should not be considered as a substitute for additions of tangible and intangible assets, nor depreciation and amortization.

In this presentation, we may rely on and refer to information regarding our business and the market in which we operate and compete. We have obtained this information from various third party sources, including providers of industry data, discussions with our customers and our own internal estimates. We cannot assure you that any of this information is accurate or correctly reflects our position in the industry, and none of our internal surveys or information has been verified by any independent sources.

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2021 Capital Markets Day – Agenda

	Main Topics	Speakers
1.	Gestamp's Strategy	Francisco J. Riberas
2.	Automotive Market and Gestamp's Positioning	Jon Barrenechea
3.	Operational Excellence and Capex	Fernando Macías
4.	Financial Profile	Carmen de Pablo
5.	Mid-term Vision R&D Industry 4.0 ATENEA ESG	Francisco J. Riberas Ignacio Martín René González Patricia Riberas Francisco J. Riberas / César Cernuda
6.	Q&A

Gestamp's Strategy Francisco J. Riberas

5

Since IPO	Above market growth backed on selective investments targeting future OEMs needs
During 2020	Gestamp's resilient business model has been proved again under an unprecedented market collapse
For 2021-22	Focus on positive cash generation profile
Beyond 2022	Gestamp's key positioning enables to capture future growth

Global Strategic Partner of Choice to OEMs

Technological Leader across Products

Outstanding Market Outperformance

Enhanced Financial Profile

Family DNA and Long-Term Vision as Cultural Pillars

Since IPO – Strategic Partner

Global Strategic Partner of Choice to OEMs Outstanding Market Outperformance Enhanced Financial Profile Gestamp's key success factors Technology Globalization Operational Excellence Financial Robustness Body-in-White #1 Mechanisms #1 Chassis Top 3 Strategic Suppliers Regional Suppliers Local Suppliers Commodity Suppliers Gestamp in global rankings1 by product

Reinforcing our position as a strategic partner for our clients

From 2016 to 2019 growth well above the market

CAGR 2016-19A

Consistently outperforming the market across all regions

Note: Gestamp's growth at constant FX used for comparability with production volumes. Western Europe data includes Morocco in line with our reporting (1) Market production volume growth is weighted with countries in Gestamp's production footprint (IHS Markit data for the period 2016A-19A)

(2) CAGR growth difference in percentage points

Since IPO – Expanded Footprint

17 New plants

Across All Key Automotive Regions

New Plants 2017 – 2021

NAFTA

• ü Gestamp Chattanooga II May 2017
• ü Edscha San Luis Potosí September 2018
• ü Gestamp San Luis Potosí March 2019
• ü Gestamp Chelsea September 2019

Eastern Europe

• üGestamp Romania February 2017 Acquisition
• üGestamp Nitra June 2019
• üGestamp-Etem Sofía February 2021

Asia

• ü Gestamp Pune II January 2017
• ü Gestool Tooling Manufacturing Nov 2017
• ü Gestamp Tianjin January 2018
• ü Gestamp Beijing January 2018 JV with BHAP
• ü Gestamp Hot Stamping Japan October 2018

Mercosur

• ü Gestamp Betim April 2017
• ü Gestamp Sorocaba (Brazil) February 2018 – Acquisition

Western Europe

2017 – Acquisition

September 2018

3 New R&D Centers

New R&D Facilities located in Auburn Hills (Michigan), Tokyo and Shanghai

Successfully expanded Gestamp's manufacturing footprint through a clear strategic investment programme

ü SMA Erandio (Spain)– June

ü Gestamp West Midlands –

ü Gestamp Kenitra – February 2020 – JV with Tuyauto

€2.5bn Cumulative Capex 2017-2019

100% strategic investments, mostly related to organic growth and linked to client orders

Enhanced competitive position to cope with future opportunities

Since IPO – Enhanced Financial Profile

During the IPO Gestamp communicated the objective of enhancing its Financial Profile – We have not been successful

Reduced margins due to lower than initially expected volumes in a period of several project launches and ramp-ups

2020 – Auto Market Already Facing Difficulties Prior to Covid-19

Light Vehicle Production 2017A-2019A1

Annual LV Production; Mn vehicles

Auto Market volume drop in 2019 enabled Gestamp to foresee required adjustments

2020 – Macro Collapse

2020 Covid-19 Impact on Economies Worldwide1

YoY GDP evolution

Global economy severally affected by Covid-19 with a GDP collapse of -3.3% in 2020

(2) Euro Area, i.e. includes data only from the 19th EU member states under monetary union

2020 – Auto Market Collapse

2019 and 2020 Global Light Vehicle Production Quarterly Evolution1

The Auto Industry experienced an unprecedented shock in production during H1 2020

Gestamp's rapid response has minimized Covid-19 negative effects

Over periods of crisis, Gestamp has shown its business model robustness and cash generation capacity

(1) Excluding IFRS 16

(2) CF calculated as total net debt reduction (excluding IFRS 16) between 2019 and 2020

2021-22 Focus on FCF Working Towards the Gestamp of the Future

• Assured top line growth with continued market outperformance
• Strong EBITDA generation via profitability improvements – continuing our 2020 efforts
• Strategic and controlled capex allocation policies
• Working Capital management to improve our balance sheet position

Gestamp Revenue Growth vs. Market Production Growth in Gestamp Markets1

Order book covers more than 95% of the targeted revenues for the period up to 2023

2021 & 2022 – Consolidating Profitability

Run-rate profitability levels to be achieved in the mid term

Note: Box sizes are only indicative and do not relate to the real impact of each measure (1) EBITDA incl. IFRS 16 and excl. Transformation Plan impact

2021 & 2022 – Financial Outlook

Clearly defined path to sustainable FCF generation together with a cash allocation strategy to enhance shareholder's value

Maintaining our Strategic Pillars…

Solid Financial Profile

R&D Developments

Industry 4.0

ESG

Gestamp to further consolidate its sustainable leading position

Automotive Market and Gestamp's Positioning Jon Barrenechea

24

Gestamp Has Consistently Overperformed the Market…

Gestamp has experienced a 10.7% CAGR since 2013, overperforming the market by +9.9 pp

(1) Gestamp's Revenue growth, FX adjusted

(2) Global LV Production in volumes. Source: IHS Markit

24 years — From a Spanish "Build-to-Print" to a global "Mega-Supplier"

Unexpected Market Evolution since the IPO...

Global LV Production Evolution Estimate in 2017 vs Real Production1

Despite a recent period of market uncertainty, Gestamp is committed to delivering future growth and value

…Worsened by the 2020 Unprecedented Market Collapse

Covid-19 severely contracted automotive markets globally

Automotive Production Recovery – Geographies

Market Expected Evolution by Geography1

• Worldwide vehicle production is expected to grow at 5% CAGR 20A-25E
• The regions expected to grow the most are Mercosur (11% CAGR 20A-25E) and Middle East & Africa (7%)

Light Vehicle production levels expected to recover heterogeneously across regions

Automotive Production Recovery – Price Segments

Market Expected Evolution by Price segment1,2

• Mid price segment expected to drive future growth

• ü Mid and Premium segments expected to grow at the expense of the Entry segment
• ü Reaching pre-crisis volumes by >2021E

Gestamp is well positioned to capture future growth in Mid and Premium segments

• (1) Source: IHS Markit
• (2) Entry (e.g. Dacia Sandero, Nissan Qashqai, Toyota Camry, Chevrolet Onix), Mid (e.g. Toyota Corolla, Honda Civic, Honda CR-V, Subaru Forester), Premium (e.g. BMW X3, A-Class Mercedes, Audi A6)

Electrical Vehicle to Lead Future Growth…

Major OEMs Have Announced Clear Strategies towards xEV1

50% of global sales to be BEVs by 2025, 100% by 2030
98% of models offering xEV options in Europe in 2025 (100% of PSA models), 96% in the US
By the end of 2022, it will offer a total of 10 xEVs models
Emissions-free future with 20 BEVs by 2023, 30 BEVs by 2025
By 2025, expects 40% of sales to be electrified (70% by 2030) Planning to invest >\$13 bn in EV in the next 10 years
25 electrified models (13 of them BEVs) by 2025. 50% of sales to be BEVs by 2030. Mini to become fully-electric by early 30s
Investments in EVs of >\$30 bn through 2025. 40% of global sales BEVs by 2030, only BEV passenger cars in EU by 2030
80 new xEVs by 2025, electric version of all models by 2030. €73 bn investment on EVs and digital tech
>10 different all-electric vehicles by 2022 >50% xEV share by 2030
Electrified powertrain in two-thirds of its line-up by 2030
Starting 2020, all new JLR vehicles will be electrified and

Jaguar will be an all-electric car brand by 2025

Sharp Increase of xEVs Expected in Upcoming Years

Global LV Production2 Propulsion breakdown

OEMs increasingly focusing in development efforts on EV, expected to represent c. 26% of total LV market by 2028

(1) Source: Roland Berger (2) LV Production in volumes. Source: IHS Markit. BEV and PHEV, shares in 2015A represent <1% on aggregate. FCELL also represents <0.1% for 2020A, 2022E, 2025E and 2028E

…Creating Market Opportunities for New EV Players…

New EV Players1 Expected Evolution in 2020-25E2

• Significant growth opportunity arising from new players within the EV market
  • ü 15 new EV manufacturers since 2007
  • ü Having already introduced 10 new platforms to the market since 2020
  • ü Expected business opportunity of >8.8 Mn vehicles for the 2020A-25E period, implying a 25% CAGR

New electric players opening up new growth opportunities for suppliers

(1) New Players defined as OEMs starting production after 2007 with at least 10 kveh in 2025 exclusively producing xEV vehicles. Source: IHS Markit

€30bn Market Potential from OEM Outsourcing until 2025E1

• Increasing OEM outsourcing driving abovemarket growth:

• ü OEMs focus on core investments (Autonomous vehicle, software, electronics and EV), less willing to invest/grow in the components manufacturing market
• ü OEMs need to decrease vehicle weights, growing importance of material and technological competencies

OEMs' investment on key EV technologies will translate into a steady increase on global Outsourcing levels

Trusted partner of OEMs by making their vehicles…

Highly competitive technological solutions to accomplish Safety, Lightweight and Performance requirements

Technological Solutions for Active and Passive Safety 1

Gestamp Makes Car Structures Increasingly Resistant and Safe

Gestamp's innovative, cost-efficient solutions are critical to meet increasingly demanding safety regulation requirements

Technological Solutions to Meet CO2 Emission Targets 1

Regulatory push to reduce fuel consumption and CO2 emissions will further increase demand of lighter vehicles

(2) Estimate based on 2030 Japan's target

⁽¹⁾ Source: Roland Berger

2 A Global Strategy with a Local Reach

• Increasing number of global platforms
• OEM consolidation through M&As and JVs to create global super-players
• Mature logistics networks

Global Industry… … with local requirements

• Proximity as a criteria
• Heterogeneous market demands
• Supply chains under revision

Clear global strategy providing specific solutions to the different market needs

Clearly Differentiated Geographic Strategies 2

Growth strategy tailored to address each market's growth potential

Clearly Differentiated Geographic Strategies (Cont'd) 2

Expertise developed with western OEMs to fuel Gestamp's technological capabilities in China, India and Mercosur

The Increase in the Number of Global Platforms… 3

Increase in the Number of Global Platforms1,2

% % of vehicles (in volume) on Global Platforms

Average Vehicles per Global Platform1,2

• OEMs focused on platform consolidation as a mean of:

• ü Reducing R&D costs
• ü Optimizing industrial performance

Leading OEMs are demanding global suppliers

(1) Global Platform defined as a platform with more than 1 Mn units of production in that year and with presence in more than one region

…Requires a Global Reliable Partner such as Gestamp 3

Gestamp's Presence on Global Platforms1,2

of Global Platforms in which Gestamp is present

• Gestamp is strategically positioned to absorb growth coming from platform consolidation
  • ü Leading OEMs demand a strong technological and geographical footprint

Gestamp is the leading global platform supplier being the natural winner for future platform consolidation

(1) Global Platform defined as a platform with more than 1 Mn units of production in that year and with presence in more than one region

(2) Source: IHS Markit

Becoming a Strategic Supplier across Asian OEMs… 3 Japanese OEMs Global LV Production by OEM/Brand Origin 2019A-2025E1 Chinese OEMs Indian OEMs ü Expanded footprint with Hot Stamping capabilities in Japan ü Increasing presence with global leading Japanese OEM both in Japan and globally (orders in place in all relevant regions) in key platforms ü Mitsui JV to further expand customer relationships ü Leverage on R&D to consolidate relationships with customers ü Technology as the entry point to Chinese OEMs ü First Chassis launches in 2021-23E ü Taking advantage of faster market recovery and market size ü Dynamic market with big investments both by incumbents and new players ü Strong EV-push to deliver a number of opportunities ü Best-positioned to absorb growth from convergence in Product and Regulation ü First launches with Indian OEMs in 2021-23E

Foundations already set to capture the expected market growth from Asian OEMs

+9.5 Mn vehicles to be produced by New players1 during 2020A - 25E

Gestamp already collaborating with some of the top New Comers

Operational Excellence and Capex Fernando Macías

45

Operational Excellence as a Core Gestamp's Principle

Quality Quality

Service

Cost Effectiveness

Previous Years' Growth Model Faced Some Constraints

Reassessment of Gestamp's forward looking operational model always preserving clients' trust

Strategic Investment Plan to Meet With OEMs Needs…

1

15 plant openings and 16 plant expansions during the 2016A-19A

a

Intensive Capex deployment linked to client nominations, investing c.10% of the revenues in strategic projects

1

…in a Period of Unexpected Vehicle Production Volumes

1

Compared to IPO volume expectations, in 2020A Light Vehicle Production volumes dropped by 27 Mn units

The drop in vehicle volumes affected new plants' ramp-ups

Limited Operational Performance… 2

Profitability expansion limited by identified issues

…with Margins Affected by Identified Issues… 2

High organic growth

New countries added to footprint

Increase of labour costs

New technologies included in plants

New Products included in plants

Tight labour market in some areas and difficulties to retain high skilled talent

NAFTA as a clear example of higher than expected complexity impacting margins

High Complexity

High complexity operations limited margin expansion

…such as NAFTA Profit Warning in September 2017 2

Dedicated all the necessary resources in order to readdress the situation

• ü Full leadership support
• ü Management team reinforcement
• ü Temporary support of technical employees and production
• ü Action plan to solve inefficiencies

+5.7pp EBITDA margin increase since Q3 2017 to Q1 2021 up to 11.5%

Gestamp has gained strong operational capabilities by readdressing the operational problems arisen in NAFTA

Gestamp to Further Expand its Cash Generation Capacity

The optimized capex profile together with the profitability expansion leads to future reinforced cash generation profile

Leveraging on our solid asset base, the new Capex profile will target value creation for our Shareholders

Organizational Structure to Leverage Global Synergies

• Organizational structure with vertical reporting to promote flexibility
• No centralized Industrial function – in each division
• Operational decisionmaking focused at plant level, with each facility operating as a separate profit center

Effective strategic and geographic proximity to customers while ensuring a more efficient facilities' management

2 Efficiencies at the Core of Operations Management

New structure focused on enhancing efficiencies and operational excellence

Financial Profile Carmen de Pablo

58

Key Issues Impacting our Financial Performance Since IPO

Challenging market environment that required structural adjustments and a well defined action plan

2019: Already a Difficult Year

Measures introduced towards an improved financial profile, increasing focus on FCF

(1) Outperformance between Gestamp's revenue growth at constant FX vs. market production volume growth in Gestamp's production footprint

(2) Excluding IFRS 16

Actions Taken to Preserve our Financial Position

Gestamp successfully implemented actions to protect and reinforce its financial position

2020 Resulted in a Solid Financial Performance

In 2020 Gestamp has shown strong resilience and cash flow generation capacity

(1) Outperformance between Gestamp's revenue growth at constant FX vs. market production volume weighted growth in Gestamp's production footprint

(2) Excluding IFRS 16

(3) Net Debt / EBITDA including Transformation Plan and excluding IFRS 16 would be equivalent to 3.55x

Clear Path to Achieve our Mid-Term Goals…

2020	2021-2022	Post 2022
• Emergency measures to address Covid-19 • Transformation Plan implemented to foster efficiency • Proven resilient model with net debt reduction of €271m	• Focus on positive FCF generation as top priority… ü Cost control and margin expansion ü Capex moderation ü Active working capital management • …whilst delivering top line growth	• Gestamp's leadership positions enables to capture future growth ü Further product and client development ü Organic and inorganic strategic opportunities • Continued focus on maintaining a conservative financial profile • Improving efficiencies through Industry 4.0 and Atenea initiatives • Building on ESG strategy

Gestamp is building the foundation towards a new stage of development for the company

	…Reiterating our Outlook for 2021
	Guidance 2021
Revenues	Mid-single digit outperformance to the market
EBITDA margin	EBITDA margin >12%
Capex1	~ 7% of revenues
Net Debt1,2	< €2 bn

Focus on increasing profitability and FCF generation

(2) Excluding the impact of the Transformation Plan

Solid Q1 Results on the Right Track towards Achieving 2021 Targets

	Q1 2021
Capturing Growth	Market outperformance of 7.9 pp on a weighted basis in Q11
Revenues	Revenues increased by 11.7% on a constant FX basis
EBITDA margin	EBITDA margin improvement of 2.7 pp vs. Q1 20 up to 12.3%
Focused on FCF	Net Debt broadly flat vs. Q4 20 standing at €2,050m

Action Plan and Cost Savings implemented during 2019 and 2020 to support guidance

Financial Strategy Key Premises

• EBITDA generation
• Strict Capex control
• Working Capital management

.......................................

• Repurchase €500m 2023 bond from €2.9Bn liquidity
• Extends maturity of SFA and RCF

• Selected acquisition of minorities
• Active financial risk management

Significant effort to enhance financial flexibility and shareholder value

Focus on Free Cash Flow

Continued focus on FCF generation

• (1) Net capex investments
• (2) Other non-cash items include change in provisions, grants related to income, gains and losses from asset disposals, unrealized exchange rate differences and other income and expenses
• (3) Free Cash Flow excludes dividends, share repurchases as well as potential M&A items

Defined path to sustainable FCF generation and a solid cash allocation strategy

Improved Debt Maturity Profile and Solid Liquidity

Comfortable Liquidity position and improved Net debt average maturity profile (post-bond redemption)

(1) Proforma debt maturity profile as of 31st March 2021 after the repurchase of €500m 2023 bond on May 25th which automatically has extended syndicated and RCF maturity from 2023 to 2025

Shareholders' remuneration policy based on a clear cash allocation strategy

	FY 2019	Guidance 2022
Revenues	Mid-single digit growth	Mid-single digit Outperformance	Strong level of visibility with >95% of Revenues covered by order book
EBITDA margin	11.8%	13.0%	Driven by volume growth, fixed costs reduction and operational stabilization
Net income	€212m	+30% vs 2019	Focus on generating value for Shareholders
Capex1	8.8% of Revenues	c. 7% of Revenues	Maximization of existing generic capacity Prioritization of strategic projects
FCF2	€37m	> €200m	Focus on FCF generation
Net Debt1	2.4x NFD/EBITDA	< 1.8x NFD/EBITDA	Continued deleveraging

Strong and balanced profitable growth & cash generation

(1) Excluding IFRS 16

(2) FCF defined as EBITDA ± Variations in Working Capital minus Capex minus Taxes ± Operating cash adjustments minus Financial Interests (excluding M&A activities , dividends and share repurchases)

Mid-Term Vision Francisco J. Riberas

72

Mid Term Ambition – 2023 to 2025

Solid financial position 2022 Focus on FCF & efficiencies

Beyond 2022, Gestamp will be able to focus on new opportunities whilst keeping a prudent financial profile

Mid Term Ambition – Inorganic Growth

Gestamp has a solid track record in growing through acquisitions and Joint-Ventures

• Major acquisitions of global companies

• Approx. 50% plants through acquisitions and JVs

When the time comes, Gestamp will be ready for new opportunities

Gestamp's Revenue Evolution

Amounts in €m

Mid Term Ambition – Organic Growth

• In the Future Gestamp will focus on:
  • ü Filling existing capacities
  • ü Many replacement vehicle opportunities (carry-over)
  • ü Potential new Greenfields:
    • Our ambitious Electric Vehicle objective
    • Consolidating our position in Asia

Gestamp's organic growth has been unprecedented in the Market

R&D Ignacio Martín

77

Gestamp Holistic Approach to R&D

13

Research

Product Design

Innovation Management Technology Development

Committed to the future

Gestamp full-service supplier and development partner of OEMs

Gestamp's Technology is Critical for OEMs

Technology to fulfill safety regulations

6 key OEM requirements

OEMs require high technological solutions to accomplish EV requirements

Complete Range of Engineering Capabilities

Full engineering capabilities

Wide scope of technologies

Material & Technology validation / Product Testing

Full-service supplier with in-house highly trained and capable engineers

Unique Proprietary Validation Systems (G-LAB's)

Unique tool based on numerical demonstrators covering wide range of market segments

Development Benefits thanks to advanced virtual Validation Models

Strategic Partner for the OEM's Development of Solutions

Co-development collaboration with OEM's

Focused on a close Co-development collaboration with OEMs to better address their evolving needs

Key Milestones in Gestamp's Development (Some Examples)

Constant delivery of Innovations in safety and lightweight

Product Leadership in EV Solutions…

Wide scope of products to fulfil specific EV requirements

EV Differences and understanding

Different challenges for EV

From internal combustion engine …

1

2

3

4

… New Safety requirements for Electrical Vehicles leading to BIW architecture and Chassis adaptations

BIW Chassis Conception challenges:

• Adapt BIW & Chassis architecture
• Adapt Surrounding components functions
• Adapt Mass distribution

New safety challenges :

• Electrical Systems protection in crash load case ...........................................................................

Battery box

New product

… To battery electric vehicle

Reinforced crash structure New extreme products

Increase Chassis robustness New complex products

Mechanism New powered products

BIW & Chassis key features

• ü High battery protection in direct collision
• ü Good performances in crash
• ü Good performances for drivability & comfort behavior
• ü Lightweight concepts

The Vehicle electrification increases Gestamp's Product Portfolio thanks to Innovations and Lightweight Technologies

EV Differences and understanding

Battery component potentially manufactured with short Fiber solutions Closures and skin potentially manufactured with short Fiber solution

Success: VW EV Platforms

2012		2021
ICE MQB platform nominations in BIW, Chassis and Mechanism	Co-development work for MEB/PPE 100% EV platform	New EV products
• Introduction of high content of PH	• New material grades for PH	• Battery Box aluminum / multi-material mix
• Development of platform strategy chassis • Worldwide Global platform supplier	• Sliding door solution • Chassis platform development	• EV specific subframes
VW MQB A1 HS Content: 20.3%2	VW MEB1 HS Content: 24.6%2

Approx. +20Kgs additional content

(1) BIW images from GLAB 3 EV with equivalent % in PH

(2) Source: EurocarBody Benchmark Conference

Innovation roadmap in EVs

Gestamp's advanced developments and innovations for EVs

Side crash with innovations

Industry 4.0 René González

91

Industry 4.0 Driving Manufacturing Excellence

92

From Digital Factory… …Towards the Smart Factory

Decrease Operational Costs Cut Lead Times Optimize Raw Material Utilization 100% Customer satisfaction Capital Optimization 100% Asset Utilization

Gestamp Digital Factory - Today

Digital Smart

In-house concepts, developments & technology knowledge

Connected Factory Case Study: Hot Stamping Lines

Digital Smart

Overall performance improvement of +15% achieved in 2 years

Connected Factory Case Study: Single Plant

Digital Smart

Goal: Support to Achieve Plant's Targets

Achievement of production targets avoiding additional investments and improved plant costs

(1) Gestamp Standard Patented

(2) Internet of Things

Gestamp's Road-Map to Digital

opportunity

Digital Smart

Profiles

• ü New profiles incorporation locally to support the implementation and adoption
• ü Upskilling & reskilling as we introduce digitalization

Significant value progressively, targeting full digitalization in 7 years

Flexi-Manufacturing as an Answer to the Future Challenges

New Flexi Assembly Concept

Pioneer innovation to make Gestamp more competitive and reduce our business profile risk

Traditional Manufacturing New Flexi-Manufacturing

Flexi-Manufacturing as an Answer to the Future Challenges

Digital Smart
Traditional Manufacturing	New Flexi-Manufacturing
Specific Installations	Generic Installations
Concatenated Installations	Individual Installations
Transport with Robots/Forklifts	Transport with AGV
Isolated Areas	Connected Areas
Lab Quality Process Control	Integrated in the Production Flow
Manual Adjustment and Management	Automated
Traditional assembly capacity sizing	Flexi assembly capacity sizing
Installed Capacity	Installed Capacity
Real Volumes Expected	Real Volumes Expected

Flexi-Manufacturing a Leading Smart Factory Project

Digital Smart

Flexi Assembly concept validation already taking place in Mini Factory in Spain

ATENEA Patricia Riberas

101

Project ATENEA – Objective

OBJECTIVE: Consolidate our Operational Excellence in our plants and transition towards higher value-added Corporate functions

Project ATENEA – Ecosystem

Project ATENEA – Matrix

Project ATENEA – Transformation waves

Lighthouse initiatives identified to lead the change

Project ATENEA – Leadership

Progress made in ATENEA will be visible for the Organization

Project ATENEA – Start

• Case for Change
• Full organization
• Implemented in waves
• Leadership support
• Monitored

Examples of projects

• Review roles and responsibilities of Corporate/Divisions
• Data Strategy building a cross functional data lake
• Reviewing client quotation process
• RPA tools applied to Purchasing and Finance functions
• Design a new Industry 4.0 implementation Plan

Francisco J. Riberas César Cernuda

110

111

Products & Activity Safer & Lighter

112

EUROPEAN GREEN DEAL

CONTRIBUTING TO 2030 AGENDA

Towards a "Greener" Gestamp

Our Road To CO2 Neutrality Circular Economy

• Visible CO2 carbon footprint & GHG since 2012 Reporting in CDP
• Signed & approved Science Based Target Objectives:
  • Reducing our C02 emissions by 30% (Scope1&2) before 2030
  • Reducing 22.5% of Scope 3 Emissions by 2030
• Working actively to achieve SBTI targets through the means of:
  • Renewable energy sources • In 2022, 100% of Spain´s plants and R&D Centres will be operated with Green energy
  • Energy efficiency strategies • 40 plants, 262 GWh saved since 2013, equivalent to: 89,000tn CO2
  • Collaboration and alliances with our strategic suppliers

Our Products: Main contributors to C02 reduction

• Focus on making lighter vehicles that produce less CO2

• Designing key products for EVs

• Our main raw materials (Steel and aluminum) are 100% recyclable

• Circular Economy model in which, through efficient and responsible scrap management, 98% of our waste is reused and/or recycled, preventing its final destination from being the landfill

Contributing to our Society

Safety as our First priority

• R&D development towards SAFER vehicles
• Gestamp Health & Safety system (GHSS) implemented in 100% of plants
• No fatal accidents since 2017
• Strict Covid-19 protocols in 100% of our plants & R&D Centres

Diverse & inclusive culture

• +40K employees
• 89 nationalities
• 17 languages
• Young Workforce: 41% of our workforce <35 years old

Fully committed to training our Talent

• 28h of training a year on average per employee
• 58% of this training goes to providing up-skilling capabilities to our employees
• 533 Apprentices in 2019
• G-Talent (Gestamp´s Talent Program)

Making a positive impact in society

• 5,515 employees participated in volunteer activities in 2019
• 21,745 direct beneficiaries of Social Initiatives in 2019
• +300 organizations benefited in 2019

Covid-19 :

• Donated medical equipment to protect sanitary professionals
• 3D printers used to produce parts of sanitary facial protection screens
• Manufacture and distribution of door openers in hospitals and health centers
• Collaboration on projects to design and develop emergency respirators

A strong Corporate Governance

Board of Directors' best practices Policies and Organization

• Majority of Independent Directors at the Board
• Over 30% of women in Board
• Diverse skill set throughout the Board
• New ESG Committee exclusively formed by Independent Board Members all with ESG expertise
• 6 members of the Board have ESG expertise
• Annual report to the General Shareholders' Meeting of ESG group actions

High Good Governance Standards

• Compliant with 98.2% of the Spanish Code of Good Corporate Governance recommendations applicable to Gestamp

Reporting in accordance to:

Since 2008 Gestamp, has been committed to the UN Global Compact corporate responsibility initiative and its principles in the areas of human rights, labor, the environment and anti-corruption

Included in Sustainability 2020 Yearbook 7/40 position suppliers 68/100 (+3 pts)

7/40 position OEMs and suppliers 53/100 (+3 pts)

Top 2% metal industry suppliers 65/100 (+5 pts)

Included in FTSE4Good Ibex (Spain) in 2020 3.9/5 (+1.1 pts)

• Listed Company since 2017
• Code of Conduct since 2011
• Ethics Committee
• Speak-Up line available at all times in all the languages spoken in the Group
• Crime Prevention Model
• Gestamp Supplier Risk Management, methodology for evaluating and ensuring supplier´s regulatory compliance
• Cybersecurity Plan and ISO 27001 certified