Thermal Comfort Solutions Overview

Industry Leading Global Seating Supplier SALES BY REGION North America $15.7B 2022 Seating Sales Europe TOP 5 CUSTOMERS ADJUSTED OPERATING MARGIN & Africa gm Mercedes-Benz Asia Pacific South America STELLANTIS Poised for industry volume recovery (≈15-20% historical variable margins) 6.2% 6.4% 7.5% 8.5%+ Ford 2022 2023 Guidance Target VALUE DRIVERS Growing thermal comfort products such as heat, ventilation, massage and lumbar, which could drive margins of 8.5%+ Developing innovative products such as ConfigurE+T Continued focus and investment in operational excellence · Strong 2023 to 2025 backlog; 2024 record backlog • • Targeting 4 points of Growth over Market · Goal to increase market share from 25% to 28%+ LEAR Lear Proprietary: The information contained herein is the property of Lear Corporation. Please see appendix for discussion of non-GAAP financial measures, as well as reconciliations of non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 16

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