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J.P. Morgan Auto Conference AUGUST 2021

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J.P. Morgan Auto Conference AUGUST 2021 J.P. Morgan Auto Conference AUGUST 2021 ©Nemak | Public 1 Forward-looking statement This presentation contains forward-looking information based on numerous variables and assumptions that are inherently uncertain. They involve judgments with respect to, among other things, future economic, competitive and financial market conditions and future business decisions, all of which are difficult or impossible to predict accurately. Accordingly, actual results are likely to vary from those set forth in this presentation. ©Nemak | Public 2 Nemak at a glance Established 1979 Revenue* 3.9 Billion dollars EBITDA* 600 Million dollars Footprint 38 Plants 15 countries Employees +21K Customers 60+ *2021 Guidance ©Nemak | Public 3 3 Portfolio of lightweighting solutions Vehicles sold globally with Providing solutions from ICE to 1/4 Nemak components fully electric vehicles Powertrain • Heads • Blocks • Transmission Vehicle Structures • Longitudinal Members • Shock Towers • Subframes Electric Vehicles • Assembled Battery Housings ICE / PHEV BEV • Cast Battery Housings * BEV – Battery Electric Vehicle / PHEV – Plug-In Hybrid Electric Vehicle / ICE – Internal Combustion Engine Vehicle • E-Motor Housings ©Nemak | Public 4 Diversified customer portfolio ©Nemak | Public 5 State-of-the-art facilities in major automotive markets Czech Republic Russia Poland 15 Countries Hungary Slovakia Germany 38 United States Manufacturing facilities Mexico Austria China 10 Turkey Product Development Spain Centers Argentina Brazil India 1/3 Supporting e-mobility & structural applications ©Nemak | Public 6 Recent developments • Sustainability-linked bond issuances for €500 M & US$500 M • Merger of Controladora Nemak into Nemak SAB • 2021 Guidance update • Backlog of awarded business worth ~US$1.8 B annually ©Nemak | Public 7 Established strategic plan aimed towards sustainable growth Enhance Profitability Strengthen the Core Long-Term Growth Best-in-class performance Cash generation to fund growth Products & Segments Cost Reduction Use of Existing Assets Electrification Nemak’sOperating Efficiency Transformation:Footprint Evolution Structural & Chassis Enhanced Organization 2030 Strategy Innovation & Sustainability ©Nemak | Public 8 Increasing Nemak content per vehicle Combustion Engine Hybrid Battery Electric ~US$500(1) ~US$600(1) ~US$1050(1) Structural Components Hybrid Other EV Structural Components Trans Structural Components Components Battery E-Motor Housings Housings Head, Block & Trans Head & Block Notes: (1) Nemak estimate for content per vehicle ©Nemak | Public 9 Focus on higher value-added solutions Powertrain E-Mobility & Structural Cylinder Engine Transmission Cast E-Motor PHEV Battery BEV Battery Heads Blocks Cases Structurals(1) Housings Housings Housings Complex castings Large and complex components Strong engineering requirements Multi-material / multi-process joining and assembly High barriers to entry Safety critical and strong market growth 2030 Addressable Market: ~US$17 B 2030 Addressable Market: ~US$23 B Notes: (1) Considers cast longitudinal members, shock towers, and subframes ©Nemak | Public 10 E-mobility & structural business ~US$900 M annually E-Mobility Components • Battery Housings BMW X5 Jeep Wrangler Porsche Taycan • E-Motor Housings BMW i8 Mercedes-Benz Ford Mustang Mach-E GLE Structural Components • Longitudinal Members • Subframes AMG SL232 Volvo Polestar Mercedes-Benz BMW iNext BMW i4 EQS ©Nemak | Public 11 Also participating in commercial EVs • Developing battery housings for light • First battery housing business awarded for commercial vehicles heavy-duty vehicles • Attractive content per vehicle ©Nemak | Public 12 Solid customer relationships in new segments ▪ Positioned in ~20% of EV(1) platforms to be sold between 2021 – 2025(2) ▪ Expanding capacity for assembled battery housings ▪ Largest independent manufacturer in North America of battery Producing components for ~100 BEV and housings for fully electric vehicles PHEV nameplates Source: Company Estimates, IHS Markit Notes: (1) EV = BEV + PHEV (2) Considers vehicle nameplates to be sold in North America and Europe ©Nemak | Public 13 Committed to supporting a more sustainable automotive industry 2030 GHG* emission reduction target: - 28% *Absolute reduction in Scope 1 and 2 greenhouse gas emissions against a 2019 baseline ©Nemak | Public 14 Solid financial performance amidst pandemic Sales US$ M – quarterly trend 1,039 955 1,000 907 896 946 15 Volume 10 10.1 10.7 (M Eq.500 10.5 403 10.1 9.0 Units) 5 4.4 0 0 Operational Efficiencies 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 EBITDA US$ M – quarterly trend Improved Product Mix 178 150 169 150 EBITDA 142 20 New Product Launches Margin 19.9 15 (%) 15.7 15.9 16.3 15.7 10 5 0 -5 -9.2 -10 -37 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 EBITDA 13.5 -8.4 17.6 14.9 15.8 16.7 US$/eq. unit ©Nemak | Public 15 Harnessing capabilities to drive growth and profitability • Total addressable market expected to grow from ~US$28 B to ~US$40 B in next decade • E-mobility and structural applications expected to increase share of revenue from ~10% currently to ~30% by 2030 • Targeting margins 10-15% higher in e-mobility and structural applications compared to traditional powertrain applications ©Nemak | Public 16 Key takeaways • Strong financial position to fund and capture growth • Strengthening leadership in highly engineered e-mobility and structural applications • Electrification driving growth of total addressable market ©Nemak | Public 17 ©Nemak | Public.
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