Investor Presentaiton

Planned Separation of Fuel Systems & Aftermarket Segments Would Advance Charging Forward Creating Two Leading, Focused Companies BorgWarner Leader in Electrification with Focused ICE Business 2022 Sales $12.5B ■ Focused on establishing product leadership across various EV propulsion technologies Top-line growth supported by secular tailwinds Supporting customers through EV transition NewCo Leader in Fuel Systems Management and Aftermarket Technology 2022 Sales $3.3B Product leader in Fuel Systems and Aftermarket Synergistic exposure among CV, LV and Aftermarket end markets Strong global OEM relationships 7 We Believe the Intended Separation Will Maximize Shareholder Value * BorgWarner

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