Adient China Growth and Presence

Solid progress at moving the company forward supports enhanced capital allocation plan ADIENT /// > The ability to drive the business forward despite the challenging operating environment has enabled the company to enhance its capital allocation plan > Adient's capital allocation plan has prioritized deleveraging; on track and progressing towards the company's target leverage threshold (~1.5x - 2.0x net debt / adj.-EBITDA) FY23 Plan suggests net leverage will settle within the target threshold due to: > Significant progress made on voluntary debt repayments over the past 2-years > Adient's outlook for the business in FY23 and beyond > Given the significant progress made on transforming the balance sheet and management's confidence in its near and long-term outlook, Adient's Board of Directors has approved a $600M share repurchase program - Adient expects to take a "measured" approach to the timing and amount of buybacks to be executed (underpinned by cash needs and market conditions) Through May 3, 2023, the company repurchased ~760,000 shares ($30M) ADNT LISTED ADIENT NYSE Adient's capital allocation plan is expected to balance future FCF between internal growth projects, share repurchases and potential / opportunistic inorganic growth opportunities J.P. Morgan China Investor Meeting Adient PUBLIC 10

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