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Investor Presentaiton

gm Impact of Special Items on GAAP Reported Earnings ($B) Total net sales and revenues Costs and expenses Q2 2022 Q2 2023 Reported Special items Adjusted (Non-GAAP) Reported Special items 35.8 35.8 44.7 Adjusted (Non-GAAP) 44.7 Automotive and other cost of sales 29.3 29.3 36.6 0.11 36.7 GM Financial operating and other expenses 2.1 2.1 2.8 2.8 Automotive and other SG&A 2.3 2.3 2.6 (0.2)² 2.3 Total costs and expenses 33.6 33.6 41.9 (0.2) 41.8 Operating income 2.1 2.1 2.8 (0.2) 3.0 Net automotive interest expense, interest income, 0.0 0.0 0.2 0.2 other non-operating income, and equity income Tax expense (benefit) 0.5 0.5 0.5 0.1 0.6 Net Income 1.6 1.6 2.5 0.1 2.6 Net loss (income) attributable to noncontrolling interests 0.1 0.1 0.1 0.1 Net income attributable to stockholders 1.7 1.7 2.6 0.1 2.7 Memo: depreciation, amortization and impairments 2.9 2.9 2.9 2.9 1 This adjustment was excluded because it relates to the partial resolution of subcontractor matters in Korea. 2 This adjustment was excluded because it relates to strategic activities to transition certain Buick dealers out of our dealer network as part of Buick's EV strategy. 36 37
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