Goodyear Forward: Driving Shareholder Value

GOODYEAR FORWARD: DRIVING SHAREHOLDER VALUE THE INITIATIVES ANNOUNCED TODAY ARE A KEY MILESTONE ON OUR JOURNEY TO DRIVE MEANINGFUL VALUE CREATION 17 Streamlined portfolio, resulting in incremental value unlock ✓ Executing strategic review for selected assets, targeting gross proceeds in excess of $2.0B Doubling our current operating margins to 10% by the end of 2025 ✓ $1.3B benefits from cost-reduction and top-line actions Net leverage target of 2.0x - 2.5x by 2025 driven by debt reduction and margin expansion ✓ Aligned with U.S. auto suppliers Increased financial flexibility and sustainable free cash flow generation ✓ Positioned for profitable growth in traditional markets and new mobility opportunities

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