Thermal Comfort Solutions Overview

2023 Full Year Outlook Net Sales $21,200 - $22,200 million Interest Expense $105 million Effective Tax Rate 21% to 22% Operating Cash Flow $1,075 - $1,225 million Core Operating Earnings - $875 $1,075 million Adjusted EBITDA $1,475 - $1,675 million Adjusted Net Income $510 - $670 million Restructuring Costs $100 million Capital Expenditures ≈$700 million Free Cash Flow $375 - $525 million Note: 2023 Full Year Outlook assumes an average Euro of $1.05 and an average Chinese RMB of 7.00 / $ Certain of the forward-looking financial measures are provided on a non-GAAP basis. A reconciliation of forward-looking financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP is potentially misleading and not practical given the difficulty of projecting event driven transactional and other non-core operating items in any future period. The magnitude of these items, however, may be significant. LEAR Lear Proprietary: The information contained herein is the property of Lear Corporation. Please see appendix for discussion of non-GAAP financial measures, as well as reconciliations of non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP. 10

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