1Q23 Videoconference MAHLE Metal Leve S.A.

Investor Relations | May 11, 2023

Agenda

01 02 03 04

Highlights

Market Overview

Net Revenues Performance by Market

Financial Management

05 06

Capex and Depreciation

Questions & Answers

2 | Investor Relations | May 11, 2023

Highlights

1Q23 Videoconference

  • Net Sales Revenue: Net sales were R$ 1,022.2 million in Q1 2023, an increase of 14.9% compared to Q1 2022

Company's performance by market:

1Q23 x 1Q22

Original Equipment - Domestic Market

↑ 9.2%

Original Equipment - Export Market

↑ 12.1%

Aftermarket - Domestic Market

↑ 34.3%

Aftermarket - Export Market

↓ 20.7%

Total change in revenue:

↑ 14.9%

  • Key indicators:

(R$ million, except %)

1Q23 (a)

4Q22 (b)

1Q22 (c)

(a/b)

(a/c)

Net revenue

1,022.2

1,115.8

890.0

-8.4%

14.9%

EBITDA

260.1

171.7

178.5

51.5%

45.7%

Adjusted EBITDA

260.1

202.0

178.5

28.8%

45.7%

EBITDA margin

25.4%

15.4%

20.1%

10.0 p.p.

5.3 p.p.

Adjusted EBITDA margin

25.4%

18.1%

20.1%

7.3 p.p.

5.3 p.p.

Profit for the year

186.0

123.1

123.0

51.1%

51.2%

Adjusted net income

186.0

142.9

123.0

30.2%

51.2%

Net margin

18.2%

11.0%

13.8%

7.1 p.p.

4.4 p.p.

3 | Investor Relations | May 11, 2023

Destaques

MAHLE Investor Day 2023 & APIMEC Meeting

  • On April 3, 2023, MAHLE Metal Leve held in São Paulo its Investor Day 2023 & APIMEC Meeting - a great opportunity to discuss topics such as the Company's fundamentals, as well as trends and innovative solutions to shape a more sustainable future for the sector.
  • The material of the event is available at the MAHLE Investor Relations website.
    • Scan the QR code or click on the links below to access the material in Portuguese.
      • Click here for a teaser of the event..
      • Click here for presentation.
      • Click here to watch the event replay video.

4 | Investor Relations | May 11, 2023

Market Overview

Brazil & Argentina Registration and Production (1Q23 x 1Q22) Vehicle production in the main exports markets

5 | Investor Relations | May 11, 2023

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Disclaimer

MAHLE Metal Leve SA published this content on 10 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2023 21:20:51 UTC.