#1May 4, 2023 APTIV First Quarter 2023 Earnings Call APTIV.#2#3First Quarter Highlights SOLID 1Q PERFORMANCE; ON TRACK WITH OUR FINANCIAL OUTLOOK REVENUE 3 EBITDA OPERATING INCOME EARNINGS PER SHARE $4.8B 1Q up 15% $594M 1Q Margins of 12.3% $437M 1Q Margins of 9.1% $0.91 1Q up 44% RECORD REVENUE IN 1Q WITH *6% GOM DRIVEN BY OUTGROWTH ACROSS ALL REGIONS AND STRENGTH IN AS&UX +130 BPS YOY IN 1Q OI MARGIN WITH FLOW-THROUGH ON HIGHER VOLUMES PARTIALLY OFFSET BY FX STRONG CONTRIBUTION FROM WIND RIVER AND INTERCABLE AUTOMOTIVE SOLUTIONS $13.9B 1Q BOOKINGS WITH TRACTION ACROSS BOTH SEGMENTS AND FURTHER COMMERCIALIZATION OF SVA™M Note: Revenue growth excludes impact of foreign exchange, commodities and acquisitions. EBITDA, operating income and EPS adjusted for restructuring and other special items; see appendix for detail and reconciliation to US GAAP. Earnings per share assumes conversion of preferred shares and excludes anticipated preferred share cash dividends; see appendix for additional detail. 1Q 2023 Earnings | May 4, 2023 | Aptiv APTIV#4#5#6Advanced Safety & User Experience APTIV AT THE POINT OF CONTENT AGGREGATION FOR HARDWARE AND SOFTWARE 1Q 2023 HIGHLIGHTS 6 GROWTH DRIVERS ● ● ● Growth Over Market: 9% Strong Active Safety growth across all regions User Experience growth aligned with overall market NEW BUSINESS AWARDS -$4B SVA™ Zone Controller award with a North American OEM ~$1B of additional SVATM awards with a major European OEM Note: Revenue growth excludes impact of foreign exchange, commodities and acquisitions. 1Q 2023 Earnings | May 4, 2023 | Aptiv WNDRVR O CONTINUED TRACTION IN A&D AND TELECOM Service expansion with key A&D customers and significant deployment of 5G cloud-native services with leading Telcom provider ONGOING COMMERCIAL ENGAGEMENTS Active senior-level discussions with several automotive customers across all regions APTIV-WIND RIVER NEW BUSINESS AWARDS 1st joint award for Geely's L2+ ADAS system in 1Q; recent conquest win with local China EV OEM SOLID FIRST QUARTER PERFORMANCE Strong growth in Smart Vehicle Compute & Software driven by non-automotive end markets ·APTIV •#7Signal & Power Solutions GLOBAL LEADER IN OPTIMIZED, NEXT-GEN ARCHITECTURE SOLUTIONS 1Q 2023 HIGHLIGHTS 7 GROWTH DRIVERS ● ● Growth Over Market: 5% Strong High Voltage electrification growth across all regions Robust Adjacent Market growth driven by strength in commercial vehicle NEW BUSINESS AWARDS ~$0.4B High Voltage charging award with North American OEM 1st Power Electronics award with integrated Battery Management System ● Note: Revenue growth excludes impact of foreign exchange, commodities and acquisitions. 1Q 2023 Earnings | May 4, 2023 | Aptiv TWI frechte AUTOMOTIVE SOLUTIONS STRONG NEW BUSINESS AWARDS ~$0.5B of bookings in 1Q, reflecting multiple awards with German OEMs EXPANDED MANUFACTURING PRESENCE Industrialized and occupied first IAS location in Mexico with first customer samples delivered in April to North American OEMs GROWING AWARD OPPORTUNITIES First cell-to-cell connection award inside the battery, showcasing IAS's expanding capabilities and pipeline FULL SYSTEM SOLUTIONS FOR CUSTOMERS "One Aptiv" approach between Aptiv and IAS engineers and commercial teams •APTIV.#8Continued Commercialization of SVA ™M ENABLING THE FULL POTENTIAL OF THE SOFTWARE-DEFINED VEHICLE Architecture Orientation 8 DOMAIN ONGOING 20+ "Hardware-Defined" Domain Controller Programs • Includes 6 Active Safety Satellite Architecture programs 1Q 2023 Earnings | May 4, 2023 | Aptiv ZONE 2022-2025 5 Zone Controller Programs • First to market zone control solution in 2023 "Software-Defined" SERVERIZATION (FULL SVA™M) 2025+ 13 ● ● -$10B Advanced Development Programs SVA™ New Business Awards To Date 1 Programs across 8 OEM customers 1st next-gen architecture program, spanning HW and SW with Changan Awards across 8 OEM customers • Central Vehicle Controller (CVC), Power Data Center (PDC) and associated content 01 10 1 1 1 1 0 0 0 1 1 0 0 0 0 23 1 1 1 0 1 0 0 1 0 1 0 0¹ 1 1 0 0 0 0 130 1 0 1 SMART VEHICLE ARCHITECTURE T ₁ 1 1 1 010 11 01 ● 0 0 % 1 1,0 ¹0 10 DORISTNE 0₁ 0 0 111 01 1 1 1 1 0 8 1 0 1 APTIV.#9Uniquely Positioned to Create Long-Term Value ON TRACK TO DELIVER ON OUR INVESTOR DAY TARGETS 9 3 MEGATRENDS ACCELERATING Consumer expectations and regulatory requirements continue to accelerate safe, green and connected megatrends RIGHT STRATEGY, RIGHT PORTFOLIO Optimizing our business foundation while executing on the deployment of current platforms and investing in the development of future platforms UNIQUE FULL SYSTEM SOLUTIONS Increasing need for full system optimization through next-gen hardware architectures, cloud-native software architectures and edge-to-cloud platforms EXPANDING COMPETITIVE MOAT Investing to solve our customers' toughest challenges and unlock the software-defined vehicle while expanding into relevant adjacent markets POSITIONED FOR OUTPERFORMANCE Market outgrowth and margin expansion will accelerate through the end of the decade, creating long-term shareholder value 1Q 2023 Earnings | May 4, 2023 | Aptiv ADVANCED SAFETY & USER EXPERIENCE Smart Vehicle Compute & Software User Experience Active Safety 2025 REVENUE $23-24B + CAPITAL DEPLOYMENT DEGOEDOEGED UPSIDE SIGNAL & POWER SOLUTIONS Engineered Components 201010010 00101010100100 Electrical Distribution Systems roteritoron 0001010010010010101000100010101 1010010000101001001 010100100zof g 001001 APTIV#101Q 2023 vs. 1Q 2022 ($ Millions, except per share amounts) REPORTED REVENUE Adjusted Growth %¹ | Growth Over Market EBITDA² EBITDA Margin OPERATING INCOME² Operating Margin EARNINGS PER SHARE² Growth % OPERATING CASH FLOW 10 1Q 2023 1Q 2023 Earnings | May 4, 2023 | Aptiv $4,818 $594 12.3% $437 9.1% $0.91 Fav / (Unfav) $640 15% | 6% $116 90 bps $113 130 bps ($9) 1. Revenue growth excludes impact of foreign exchange, commodities and acquisitions. 2. Adjusted for restructuring and other special items; see appendix for detail and reconciliation to US GAAP. Earnings per share assumes conversion of preferred shares and excludes anticipated preferred share cash dividends; see appendix for additional detail. $0.28 44% $193 ● ● ● • ● ● ● • COMMENTS Active Safety and High Voltage launches in EU and China NA impacted by program timing and supply chain constraints -30% incremental flow on higher volumes Lower disruption costs of +$30M 100 bps YoY margin impact due to FX/Comm headwind Performance offset labor economics headwind 12.3% adjusted tax rate Motional JV equity loss of $80M Lower YoY working capital investment Capital expenditures of $269M •APTIV.#11#12#132023 Macro Overview NO CHANGE TO FULL YEAR MACRO OUTLOOK GLOBAL 1Q23 FY23 Adjusted Growth¹ 15% 13 8% Production 9% (1%) Expecting production at ~85M units Copper: 3.40 NORTH AMERICA 37% of Revenue² 1Q23 FY23 Adjusted Growth¹ 14% 1Q 2023 Earnings | May 4, 2023 | Aptiv 10% Production 10% - flat Resilient demand despite macro uncertainty Expecting production at ~15M units EUROPE 31% of Revenue² 1Q23 FY23 ● ● Note: South America 2% of Revenue² 1. Adjusted Revenue Growth at midpoint of guidance; excludes impact of foreign exchange, commodities and acquisitions. % of 2022 Revenue. 2. ܘ ܐ Adjusted Growth¹ 24% 8% Production 17% (2%) Still cautious on macro risks weighing on demand Expecting production at ~16M units EUR: 1.00 CHINA 22% of Revenue² 1Q23 FY23 Adjusted Growth¹ 2% 8% Production (8%) - flat Continued EV penetration despite flat overall production Expecting production at ~27M units CNY: 6.90 Note: Rest of Asia Pacific 8% of Revenue² •APTIV.#14#15#16#17#18#19#20#21#22#23#24#25#26