2025 First Quarter Results

April 24, 2025

Proprietary © Gentherm



Operating Environment Update

Executing with agility in rapidly changing environment

Tariffs

Industry Volume

Global Revenue Distribution and Manufacturing Footprint 2025 Full Year Light Vehicle Production¹


% of revenue by region (2024 Revenue ~$1.5B) Countries with Gentherm manufacturing

Millions of units

11.9

11.8

30.6

30.5

16.6

16.6

15.1

14.0

(7%)

74.2 72.9

Change

(2%)

40% 33% 15% 12%

February April

North America Europe China Rest of Asia

North America
Europe

Greater China
Japan/S. Korea

  • Primarily in-region, for-region; Mexico for N. America (majority USMCA compliant)

  • Working closely with customer / suppliers to mitigate direct tariff impact

  • Limited OEM demand schedule changes to date

  • Monitoring demand / inventory closely

Commercial and operational actions in place to minimize impact to Gentherm

Industry Leading Technologies with Broad Market Application

Scalable Technology Platforms

Industry:

Automotive

Medical

Modality:

Resistive

Liquid

Air

VALVE SYSTEMS

  • Fluid Management

  • Controlled Air Flow

  • Special Solutions

PNEUMATIC SOLUTIONS

  • Puls.A Pulsating Massage

  • PCS Lumbar Support

  • PCS Massage

AIR MOVING DEVICES

  • CCS® Portfolio

  • WarmAir®

  • CCS® Neck Conditioner

THERMAL MANAGEMENT

  • CCI Portfolio

  • Blanketrol® III System

  • Astopad®



Way Forward
Customer centric, systems-oriented approach

Maintain industry leading, core technology platforms

Leverage technology portability to drive scale
Business process standardization

Accelerating Growth in Medical through Enhanced PLM

Objective: Grow Medical addressable market by leveraging Gentherm core technology platforms

c

Existing Medical Products



Engaged Auto Engineering Team

"Read Across" review of product portfolio

Leveraged automotive components

Identified potential new products for medical market

Current State PLM Approach Early Progress

Gentherm Core Technology Platforms



Completed TWO proof of concepts with potential to greatly expand addressable market

Validated market opportunity through multiple voice of customer meetings with strong feedback

Scaling core technology across multiple end markets to drive profitable growth

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Gentherm Inc. published this content on May 07, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 07, 2025 at 17:55 UTC.