2022/4Q22 Videoconference MAHLE Metal Leve S.A.

Investor Relations | March 14, 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 | March 14, 2023

Highlights

2022/4Q22 Videoconference

  • Net Sales Revenue: R$ 4,224.0 million as of December 31, 2022, an increase of 16.8% year-over-year. In the fourth quarter of 2022 (4Q22), net sales revenue increased by 18.5% compared with the fourth quarter of 2021 (4Q21).

Company's performance by market:

2022 x 2021

4Q22 x 4Q21

Original Equipment - Domestic Market

↑ 22.2%

↑ 21.8%

Original Equipment - Export Market

↑ 3.0%

↑ 15.6%

Aftermarket - Domestic Market

↑ 31.2%

↑ 30.1%

Aftermarket - Export Market

↑ 7.1%

↓ 22.1%

Total change in revenue:

↑ 16.8%

↑ 18.5%

Key indicators:

(in millions of R$)

2022 (a)

2021 (b)

(a/b)

4Q22 (c)

3Q22 (d)

4Q21 (e)

(c/d)

(c/e)

Net sales revenue

4,224.0

3,615.1

16.8%

1,115.8

1,198.8

941.5

-6.9%

18.5%

Adjusted EBITDA

845.0

726.4

16.3%

202.0

283.0

167.2

-28.6%

20.8%

Adjusted EBITDA margin

20.0%

20.1%

-0.1 p.p.

18.1%

23.6%

17.8%

-5.5 p.p.

0.3 p.p.

Adjusted net profit

582.6

496,3

17.4%

142.9

201.8

131.5

-29.2%

8.7%

Adjusted net margin

13.8%

13.7%

0.1 p.p.

12.8%

16.8%

14.0%

-3.9 p.p.

-1.2 p.p.

3 | Investor Relations | March 14, 2023

Market Overview

Brazil & Argentina Registration and Production (2022 x 2021)

4 | Investor Relations | March 14, 2023

Market Overview

Vehicle production in the main exports markets

Vehicle Production in the main export market (in thousands)

2022 (A)

2021 (B)

A/B

Production of Light vehicle

14,320

13,047

9.8%

Production of medium and heavy vehicle

589

549

7.3%

North America

14,910

13,597

9.7%

Production of Light vehicle

15,612

15,891

-1.8%

Production of medium and heavy vehicle

568

588

-3.4%

Europe

16,180

16,480

-1.8%

Total Vehicle Production

31,090

30,078

3.4%

Source: IHS

  • | Investor Relations | March 14, 2023

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MAHLE Metal Leve SA published this content on 13 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 March 2023 21:44:18 UTC.