Thermal Comfort Solutions Overview

Non-GAAP Adjusted Eamings Per Share ($ in millions, except per share amounts) Net income attributable to Lear Costs related to restructuring actions Acquisition costs Acquisition-related inventory fair value adjustment Gain on acquisition-related foreign exchange contract Impairments related to Russian operations 2021 2022 $ 373.9 $ 327.7 112.6 158.9 10.0 1.1 (1.7) 19.4 Intangible asset impairment 8.5 8.9 Costs (insurance recoveries) related to typhoon in the Philippines, net 13.2 (1.4) Foreign exchange losses due to foreign exchange rate volatility related to Russia 9.6 Favorable tax ruling in a foreign jurisdiction (45.1) Loss on extinguishment of debt Loss related to affiliate Other Tax impact of special items and other net tax adjustments 24.6 2.0 1 4.2 (14.1) 23.6 (33.6) Adjusted net income attributable to Lear $ 479.8 $ 522.5 Weighted average number of diluted shares outstanding Diluted net income per share attributable to Lear Adjusted eamings per share 60.4 59.9 $ 6.19 $ 5.47 $ 7.94 $ 8.72 1 Reflects the tax effect of restructuring costs and other special items, as well as several discrete tax items. The identification of these tax items is judgmental in nature, and their calculation is based on various assumptions and estimates. LEAR Lear Proprietary: The information contained herein is the property of Lear Corporation. 31

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