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Copyright Schaeffler AG, 2025 – All rights reserved. | Q1 2025 Schaeffler AG Pre-Close Call April 10, 2025 Herzogenaurach
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Copyright Schaeffler AG, 2025 – All rights reserved. | Disclaimer 2Q1 2025 Schaeffler AG Pre-Close Call This presentation contains forward-looking statements. The words “anticipate”, “assume”, “believe”, “estimate”, “expect”, “inten d”, “may”, “plan”, “project”, “should” and similar expressions are used to identify forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about Schaeffler Group’s beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Schaeffler AG. Forward-looking statements therefore speak only as of the date they are made, and Schaeffler Group undertakes no obligation to update any of them in light of new information or future events. By their very nature, forward-looking statements involve risks and uncertainties. These statements are based on Schaeffler AG ma nagement’s current expectations and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Actual results may differ from those set forth in the forward-looking statements as a result of various factors (including, but not limited to, future global economic co nditions, changed market conditions affecting the automotive industry, intense competition in the markets in which we operate and costs of compliance with applicable laws, reg ulations and standards, diverse political, legal, economic and other conditions affecting our markets, and other factors beyond our control). This presentation is intended to provide a general overview of Schaeffler Group’s business and does not purport to deal with all aspects and details regarding Schaeffler Group. Accordingly, neither Schaeffler Group nor any of its directors, officers, employees or advisers nor any other person makes an y representation or warranty, express or implied, as to, and accordingly no reliance should be placed on, the accuracy or completeness of the information contained in the presentation or of the views given or implied. Neither Schaeffler Group nor any of its directors, officers, employees or advisors nor any other person shall have any liability whatsoever for any er rors or omissions or any loss howsoever arising, directly or indirectly, from any use of this information or its contents or otherwise arising in connection therewith. The material contained in this presentation reflects current legislation and the business and financial affairs of Schaeffler Group which are subject to change. The permission to use S&P Global Mobility copyrighted reports, data and information does not constitute an endorsement or app roval by S&P Global Mobility of the manner, format, context, content, conclusion, opinion or viewpoint in which S&P Global Mobility reports, data and information or its derivati ons are used or referenced herein. Please note that this release and all information herein is unaudited and for information purposes only. It is not intended t o constitute investment advice or an offer to sell, or a solicitation to buy, any securities. The next quiet period starts on April 22, 2025. Apr 10, 2025
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Copyright Schaeffler AG, 2025 – All rights reserved. | Key aspects Q1 2025 P R E - C L O S E C A L L 3Q1 2025 Schaeffler AG Pre-Close CallApr 10, 2025 Q1 20241 Q4 20241 Sales EUR 6,141 mn EUR 5,944 mn EBIT margin2 4.7% 1.8% Free Cash Flow3 EUR -272 mn EUR 266 mn 1 Pro forma figures 2024| 2 Before special items | 3 Before cash in- and outflows for M&A activities Key aspects Sales flat qoq, but slightly lower yoy EBIT margin2 at upper end of our guidance Negative Free Cash Flow3 in line with typical seasonal pattern Schaeffler Group
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Copyright Schaeffler AG, 2025 – All rights reserved. | E-Mobility • Volatile market environment – trend towards electrification remains intact • Strong growth1 yoy due to recovery in Europe • EBIT margin2 higher yoy, on a comparable level qoq Powertrain & Chassis • Market decline for HEV and ICE, especially in Europe • Sales decline1 due to lower volumes, mainly caused by Europe • EBIT margin2 on prior-year level, however improved qoq Bearings & Industrial Solutions • Market environment remains challenging, with first positive signals across selected sectors • Slightly lower sales1 yoy due to continued weakness in Europe • EBIT margin2 slightly lower yoy, but clearly up qoq Vehicle Lifetime Solutions • Market demand on a high level • Strong sales1 growth yoy mainly driven by Americas • EBIT margin2 stable yoy, increased qoq Divisional aspects Q1 2025 1 FX-adjusted | 2 Before special items P R E - C L O S E C A L L Apr 10, 2025 4Q1 2025 Schaeffler AG Pre-Close Call Tariff Discussion • We aim to pass on the majority of the tariff impact to our customers • Around 80% of products invoiced by Schaeffler from Canada and Mexico are USMCA compliant • Risk of softer demand particularly in the US, based on introduced tariffs
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Copyright Schaeffler AG, 2025 – All rights reserved. | Q&A
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Copyright Schaeffler AG, 2025 – All rights reserved. | Thank you Investor Relations Contact Heiko Eber Head of Investor Relations Phone +49 9132 82-88125 Email heiko.eber@schaeffler.com Web www.schaeffler.com/ir
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Copyright Schaeffler AG, 2025 – All rights reserved. | April 24 AGM Apr 10, 2025 7Q1 2025 Schaeffler AG Pre-Close Call Financial calendar 2025 B A C K U P May 7 Q1 2025 Earnings Release August 6 Q2 2025 Earnings Release September 17 Capital Markets Day November 4 Q3 2025 Earnings Release
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Copyright Schaeffler AG, 2025 – All rights reserved. | Schaeffler reporting structure going forward – 4 divisions plus Others B A C K U P 1 e.g. Schaeffler Hydrogen | 2 e.g. Schaeffler Special Machinery | 3 e.g. Contract manufacturing Industrial Bearings Automotive Bearings Electric Drives Controls Repair & Maintenance Solutions Platform Business Engine & Transmission Systems Powertrain Solutions Chassis Systems Divisions Business divisions OthersE-Mobility Powertrain & Chassis Vehicle Lifetime Solutions Bearings & Industrial Solutions Reporting structure based on 4 product-oriented divisions plus Others Mechatronics & Modules Specialty Business Aerospace Bearings Functional entities with external revenues2 Selected Start-up businesses1 End-of-life business3 Emerging Business Apr 10, 2025 8 Linear Motion 1 2 3 4 From Jan 1st, 2025 Vitesco activities allocated to new segments Q1 2025 Schaeffler AG Pre-Close Call
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Copyright Schaeffler AG, 2025 – All rights reserved. | Pro Forma 2024 Sales and EBIT bsi1 – Quarters B A C K U P 9Q1 2025 Schaeffler AG Pre-Close CallApr 10, 2025 E-Mob in EUR mn Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Sales 1,089 1,179 1,266 1,283 4,816 EBIT bsi1 -324 -260 -214 -268 -1,066 EBIT bsi margin1 -29.8% -22.0% -16.9% -20.9% -22.1% VLS in EUR mn Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Sales 717 788 741 715 2,961 EBIT bsi1 114 129 104 93 440 EBIT bsi margin1 15.8% 16.4% 14.0% 13.0% 14.8% PTC in EUR mn Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Sales 2,588 2,515 2,275 2,278 9,656 EBIT bsi1 328 320 225 228 1,101 EBIT bsi margin1 12.7% 12.7% 9.9% 10.0% 11.4% B&IS In EUR mn Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Sales 1,662 1,679 1,599 1,585 6,525 EBIT bsi1 190 74 104 68 435 EBIT bsi margin1 11.4% 4.4% 6.5% 4.3% 6.7% 1 bsi = before special items Group in EUR mn Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Sales 6,141 6,280 5,947 5,944 24,313 EBIT bsi1 287 244 206 105 842 EBIT bsi margin1 4.7% 3.9% 3.5% 1.8% 3.5% Others in EUR mn Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Sales 86 118 67 84 355 EBIT bsi1 -20 -19 -12 -16 -67 EBIT bsi margin1 -23.6% -16.1% -17.6% -18.8% -18.9%