Honesty and Integrity | Good Corporate Citizenship | Open Communication | Continuous Improvement

2021 Second-quarter Earnings Conference Call

July 30, 2021

Safe Harbor Statement

Certain statements and projections contained in this presentation are, by their nature, forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement. Dana's Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss important risk factors that could affect our business, results of operations and financial condition. The forward-looking statements in this presentation speak only as of this date. Dana does not undertake any obligation to revise or update publicly any forward-looking statement for any reason.

© 2021 Dana

2

Agenda

Introduction

Craig Barber

Senior Director, Investor Relations

and Strategic Planning

Business Review

James Kamsickas

Chairman and

Chief Executive Officer

Financial Review

Jonathan Collins

Executive Vice President

and Chief Financial Officer

© 2021 Dana

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Business Highlights: Second-quarter 2021

KEY HIGHLIGHTS

sales

adjusted free cash flow

1 Supply constraint dynamics

$1.1B from prior year

$120M from prior year

New vehicle model launch

2

adjusted EBITDA

diluted adjusted EPS

3

Continued EV new business wins

$238M from prior year

$1.28 from prior year

4

ESG & Science Based Targets (SBTi)

See appendix for comments regarding the presentation of non-GAAP measures

© 2021 Dana

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Market Dynamics

Factor

Industry Issue

Primary Market

Impact

  • Commodity price inflation
  • Shortages leading to lower production volumes
  • Reduced model availability
  • Shipping delays
  • Higher input costs
  • Limited workforce availability
  • Higher labor costs
  • Continued strong demand
  • Low vehicle inventories
  • OEM pricing power

AgriPulse

Wall Street Journal

"Farm equipment

"Chip Shortage Hits

dealers struggle to

Work-Vehicle

keep lots stocked

Supply --- Service

amid supply chain

companies forced to

troubles"

pay more or wait

7 July 2021

longer"

13 July 2021

OEM constraints combined with high demand leading to historically low vehicle inventories

© 2021 Dana

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Disclaimer

DANA Incorporated published this content on 30 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 August 2021 07:51:04 UTC.