Goodyear Forward: Driving Shareholder Value slide image

Goodyear Forward: Driving Shareholder Value

Portfolio Optimization: Sharpening our Focus Margin Expansion: Creating Fuel for Growth Addressing Leverage: Strengthening our Profile MARGIN EXPANSION: INITIATIVES FOR ~$300M ANNUAL INCREMENTAL SOI CLEAR PATH TO CAPTURE SIGNIFICANT MARGIN OPPORTUNITIES PRIMARILY VIA PRICE-MIX IN NORTH AMERICA Optimize Brand Portfolio • Pricing • SKU Rationalization • Optimize brand/tier positioning (Goodyear premium, Cooper mid-tier) Capitalize on product strengths to drive premium pricing Rationalize lower-tier SKU portfolio 11 Address Low Margin Business • Fix or Exit • Reduce exposure to lower-tier products and low-margin customers • Use price and/or mix to increase customer/channel profitability Exit product lines where margin potential is structurally limited Expand Premium Volume Capture Market Opportunities • Enhance market coverage in Goodyear premium product lines Build on leadership position in All Terrain Capture disproportionate share of growth in high-value premium segments (>=18"; All-Season, UHP, SUV, and EV)
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