Goodyear Forward: Driving Shareholder Value
Portfolio Optimization: Sharpening our Focus
Margin Expansion: Creating Fuel for Growth
Addressing Leverage: Strengthening our Profile
OUR PLAN: GOODYEAR FORWARD
RAISING THE BAR AND DRIVING SHAREHOLDER VALUE
Portfolio Optimization
Sharpening our Focus
Three Major Assets Selected
for Strategic Review
Margin Expansion
Creating Fuel for Growth
SOI Margin
Chemical
DUNLOP
-5%
BRAND
Off-the-Road¹
Targeting gross proceeds
in excess of $2.0B
2023E
10%
Addressing Net Leverage
Strengthening our Profile
Net Debt/Adjusted EBITDA
-4.0x
04 2025E
2023E
2.0x-2.5x
2025E
Driven by $1.3B of margin
improvement projects²
Gross debt reduction
of -$1.5B
7
1
Off-the-Road equipment tire business provides specialized tires for the mining and construction industries.
2 Enabled by -$1.1B of restructuring inclusive of -$400 million of previously announced rationalization programs.View entire presentation