Gestamp Automocion S.A.

Investor Presentation • Jul 26, 2022

Q2 2022 Results presentation

july 26th, 2022

DISCLAIMER

This presentation has been preced solely for use at this presentation of our results as of and June 300 2002 By attending 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 obes not care of one should not be construed as an offer or invitation to subscribe or cherwise acquire any securities of Gestamp Automotion of its group nor should to rany port of them the basis of a be relied on in comection with any controct to purchase or subscribes of the Company or ony member of its group or with ony other contract or commisment who!scever. Neither this presentation nor any art of it may be reprobled or redictivited passed on or the contents atherwise divided, drectly or indicatly 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-looking statements included but are not limit than statements of historical focts, including, without, limitation, those regarding the Company's future financial positions on operations, strategy, plans, objectives, goals and targets and fullere delevelopments in the Campany 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 (ond be mare than) the faware-looking statements. Such farmation 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 a realt of new information, future events or other of a couried by applicable low. All subsepient written and one forward-looking 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 substitute for additions of tangible and intenaible ossets, 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 waranty, express or ine formes, accuracy or completeess of the infarmation 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).

Gestamp Gestamp Gestamp Gestamp Gestamp Gestamp

INDEX PRESENTATION

KEY HIGHLIGHTS FOR Q2 2022

FINANCIAL OVERVIEW

OUTLOOK AND REMARKS

KEY HIGHLIGHTS

Delivering Solid HI Results

Revenues at €4,871m

+19.5% YoY on a reported basis; +7.7% YoY excluding raw materials(1) Outperformance to market of 9.2 p.p.(2)

EBITDA margin(1) improvement of 40 bps

Reaching 12.6% in H1; 13.0% in Q2 Offsetting inflation and energy costs pressures

€22m of positive FCF(3)

Solid FCF generation in Q2 Offsetting inflation and energy costs pressures

Leverage of 2.2x

Lowest net debt to EBITDA ratio achieved since 2019

Focus for the Remainder of the Year

Profitability improvement

Target of 12.5%-13.0% EBITDA margin Excluding Raw Materials

Accelerating on Electrification

1. This H1, impact from raw material price increase is approximately €483m

2. 2.

3. FCF defined as change in net debt excluding minority acquisitions, dividends as well as potential M&A items

Financial Performance in q2 2022

(In €m)	Q2 2021 Reported	Q2 2022 Reported	Q2 2022 Adjusted for raw materials(1)
Total Revenue	1,967	2,615	2,312
EBITDA	240	301	301
EBITDA margin (%)	1242%	115%	15.0%
EBIT	96	139	139
EBIT margin (%)	4.9%	5.3%	6.0%
Net Income	32	72
Capex	102	219

Financial Performance in H1 2022

(In €m)	HI 2021 Reported	H12022 Reported	H1 2022 Adjusted for raw materials(")
Total Revenue	4,076	4,871	4,387
EBITDA	498	554	554
EBITDA margin (%)	122%	11.4%	12.6%
EBIT	208	240	240
EBIT margin (%)	5.1% 1	4.9%	5.5%
Net Income	83
Capex	219	376
Net debt	2,480	2,300

Low market volumes IN q2 2022

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OUTPERFORMANCE IN I INF WITH GUIDANCE

Outperformance of +12.0 p.p. on a weighted basis() excluding raw materials in H1 2022

• 1. Getam's growth a tonstant Fill sed for comparability with and other crown is base on countries in Cestampional in forprin 11-5 Setarbi H 2022 Western Europe data includes Morocco in line with our reporting
• 1. Market and Gestamp weighted growth HI 2021 geographical weights as a base (at constant FX and excluding raw materials)

ON THE RIGHT PATH TO MEFT FRITDA MARGIN TARGET FOR 2022

On track to meet our profitability target for the year of 12.5%-13.0%(3)

• Production volumes in Gestamp's footprint according to IHS data as of July 2022
• Revenues adjusted by excluding raw materials impact of €303m in Q2 2022
• Excluding the impact from raw material price increase 3.

Gestamp

Gestamp Gestamp Gestamp Gestamp Gestamp Gestamp

INDEX PRESENTATION

KEY HIGHLIGHTS FOR Q2 2022

FINANCIAL OVERVIEW

OUTLOOK AND REMARKS

Sequential qoq improvement

Positive free cash flow generation in H1 2022

DISCIPLINE ON FVERAGE CONTROL

... Lowest Net debt to EBITDA since 2019 at 2.2x

... and leaving room for new investment opportunities

Note: All figures including IFRS 16

Capex overview as of H1 2022

Impact of evstrategic projects in our 2022 capex

Gestamp Gestamp Gestamp Gestamp Gestamp Gestamp

INDEX PRESENTATION

KEY HIGHLIGHTS FOR Q2 2022

FINANCIAL OVERVIEW

OUTLOOK AND REMARKS

Looking at the future: SHORT AND LONG TERM

Electrification TRENDS ACCELERATING

OFFERING NEW OPPORTUNITIES FOR GESTAMP

Investing on new EV strategic projects

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MEETING OUR commitments

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CLOSING REMARKS

working For a safer And lighter car

MIXED TRENDS ACROSS GEOGRAPHIES

	h1 21	h1 22	Var. (%)	h1 21	h1 22	Var. (%)	h1 21	h1 22
	1,810	2,058	+13.7%	193	212	+9.8%	10.6%	10.3%
	Outperformance: +20.2 p.p.
	640	704	+9.9%	105	115	+9.9%	16.4%	16.4%
	Outperformance: +53.3 p.p.
	890	1,061	+19.2%	105	89	-14.8%	11.8%	8.4%
	outperformance: +4.2 p.p.
	221	378	+70.7%	24	51	+112.4%	10.8% 13.5%
	Outperformance: +54.4 p.p.
	515	671	+30.3%	72	87	+21.3%
	Outperformance: +21.1 p.p.					13.9%	12.9%
	4,076	4,871	+19.5%	498	554	+11.2%	12.2%	11.4%
		Outperformance: +21.1 p.p.						12.6%