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Investor Presentaiton

Proactive Actions to Sustain Foundational Margins Executing from Position of Strength 18 Estimated Restructuring Annualized Cost Savings $80-$90M $10-$20M 2023E $60-$70M 2025E 2027E ■ Restructuring, closure or consolidation of select facilities in all major regions ☐ Est. additional cash restructuring costs of $130-$150M from 2023-2027 ■ Expect to generate annual cost savings of $80-$90M by 2027 Positions company to sustain strong Foundational product margin profile and long-term competitiveness BORGWARNER

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