Investor Presentaiton

18 Quarterly & Full-Year 2021 Recast Segment Information In the first quarter of 2022, the Company announced that the starter and alternator business, previously reported in its e-Propulsion & Drivetrain segment, would transition to the Aftermarket segment. The Company also announced in 2022 that the canisters and fuel delivery modules business, previously reported in its Air Management segment, would transition to the Fuel Systems segment. Both of these transitions were completed during the second quarter of 2022. Additionally, in the fourth quarter of 2022, the Company moved its battery systems business, previously reported in its Air Management segment, to the e-Propulsion & Drivetrain segment. The reporting segment disclosures have been updated accordingly which included recasting prior period information for the new reporting structure. For informational purposes only, in the following tables, the Company has recast the quarterly segment information for fiscal 2021 and 2022 to align with this presentation. Net Sales by Reporting Segment $ in millions Three Months Ended March 31, 2021 Three Months Ended June 30, 2021 Three Months Ended September 30, 2021 Three Months Ended December Year Ended 31, 2021 December 31, 2021 Air Management $ 1,893 $ 1,754 e-Propulsion & Drivetrain 1,378 1,244 1,543 1,167 $ 1,630 6,820 1,297 5,086 Fuel Systems 591 582 515 549 2,237 Aftermarket 287 317 316 292 1,212 Inter-segment eliminations (140) (139) (125) (113) (517) Totals $ 4,009 $ 3,758 3,416 3,655 $ 14,838 Segment Adjusted Operating Income Three Months Ended March 31, 2021 Three Months Ended June 30, 2021 Three Months Ended September Three Months Ended December 30, 2021 31, 2021 Year Ended December 31, 2021 $ in millions % margin % margin % margin % margin % margin Air Management 310 16.4% $ 267 15.2 % $ 224 e-Propulsion & Drivetrain 134 9.7% 132 10.6% 73 14.5% 6.3% $ 263 16.1% $ 1,064 15.6 % 119 9.2% 458 9.0% Fuel Systems 53 9.0% 56 9.6% 50 9.7% 76 13.8% 235 10.5 % Aftermarket 36 12.5 % 44 13.9 % 43 13.6% 41 14.0% 164 13.5 % *BorgWarner

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