BorgWarner Inc. (NYSE:BWA) Q3 2022 Earnings Conference Call October 27, 2022 9:30 AM ET Company Participants Patrick Nolan - Vice President, Investor Relations Frederic Lissalde - President, Chief Executive Officer and Director Kevin Nowlan - Executive Vice President and Chief Financial Officer Conference Call Participants John Murphy - Bank of America Noah Kaye - Oppenheimer Colin Langan - Wells Fargo Chris McNally - Evercore Luke Junk - Robert W. Baird Gavin Kennedy - Jefferies James Picariello - BNP Pari ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q QUARTERLY REPORT (Mark One) ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2022 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number: 1-12162 BORGWARNER INC. ________________________________________________ (Exact name of registrant as specified ...

Financial Data and Key Metrics Changes - The company reported approximately $3.8 billion in sales for Q2 2022, representing a 7% organic growth despite a slight decline in global production [6][28] - Adjusted operating income for Q2 was $348 million, or 9.3%, down from $421 million, or 11.2%, year-over-year [29] - Free cash flow generated during Q2 was $62 million, impacted by elevated inventory levels due to supply chain challenges [32] Business Line Data and Key Metrics Changes - The company experienced strong organic growth in North America and Europe, outperforming the overall industry [6][27] - The planned increase in eProducts R&D investment negatively impacted margins, with a $56 million increase in eProducts-related R&D [30] - The eHybrid sales are expected to reach approximately $1.1 billion by 2025, indicating substantial revenue opportunities [15] Market Data and Key Metrics Changes - The global light vehicle and commercial vehicle end markets are expected to increase by 2.5% to 5% in 2022 [33] - The company anticipates a $820 million headwind from weaker foreign currencies, primarily due to the strengthening U.S. dollar [34] Company Strategy and Development Direction - The company completed the acquisition of Rhombus Energy Solutions to enhance its charging business, particularly in high-value DC fast-charging hardware and software [19][20] - The Charging Forward strategy aims to generate 45% of revenue from electric vehicles by 2030, with a target of $3.7 billion in electric vehicle revenue by 2025 [11][25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving double-digit organic growth for the year despite external headwinds [24][40] - The company is focused on negotiating pricing recoveries with customers to mitigate the impact of material cost inflation [37][41] Other Important Information - The company has formalized its commitment to diversity, equity, and inclusion with measurable targets [12] - The first units of the new fast-charging station, Iperion-120, have been installed in Italy, marking progress in the charging capabilities [18] Q&A Session Summary Question: On the need for M&A if organic growth continues to outperform - Management indicated that M&A is viewed as a strategic necessity for technology and product leadership, independent of organic growth performance [43] Question: Structure of pricing and commercial settlements with customers - The company is negotiating price adjustments linked to material cost inflation, with potential discussions to unwind price increases if inflation eases [45] Question: Visibility on the Rhombus acquisition and its revenue trajectory - The focus of Rhombus is on commercial vehicles, with expected synergies in customer profiles and growth vectors [53] Question: Impact of current market conditions on divestitures - The company has temporarily paused disposition projects due to unfavorable market conditions but remains confident in resuming when conditions improve [59] Question: Competitive advantages of the Rhombus acquisition - Rhombus is recognized for its bidirectional charging technology and strong local presence, which will enhance the company's capabilities in the charging market [69]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q QUARTERLY REPORT (Mark One) ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2022 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number: 1-12162 BORGWARNER INC. ________________________________________________ (Exact name of registrant as specified in i ...

Start Time: 09:30 January 1, 0000 10:27 AM ET BorgWarner Inc. (NYSE:BWA) Q1 2022 Earnings Conference Call May 04, 2022, 09:30 AM ET Company Participants Frédéric Lissalde - President and CEO Kevin Nowlan - EVP and CFO Patrick Nolan - VP, IR Conference Call Participants Colin Langan - Wells Fargo Aileen Smith - Bank of America Merrill Lynch Noah Kaye - Oppenheimer Rod Lache - Wolfe Research Emmanuel Rosner - Deutsche Bank Brian Johnson - Barclays Dan Levy - Credit Suisse James Picariello - BNP Paribas Mark D ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q QUARTERLY REPORT (Mark One) ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2022 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number: 1-12162 BORGWARNER INC. ________________________________________________ | --- | --- | --- | --- | --- | --- | |--- ...

Earnings Call Presentation Q4 and FY 2021 © BorgWarner Inc. 1 February 15, 2022 1 Forward-Looking Statements This presentation may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current outlook, expectations, estimates and projections. Words such as "anticipates," "believes," "continues," "could," "designed," "effect," "estimates," "evaluates," "expects," "forecasts," "goal," "guidance," "initiative," "intends," "may," " ...

BorgWarner Inc. (NYSE:BWA) Q4 2021 Results Conference Call February 15, 2022 9:30 AM ET Company Participants Frederic Lissalde - CEO Kevin Nowlan - CFO Patrick Nolan - VP, IR Conference Call Participants John Murphy - Bank of America Rod Lache - Wolfe Research Noah Kaye - Oppenheimer Chris McNally - Evercore Colin Langan - Wells Fargo Brian Johnson - Barclays Emmanuel Rosner - Deutsche Bank Ryan Brinkman - JPMorgan Luke Junk - Baird Dan Levy - Credit Suisse Operator Good morning. My name is Jerome, and I wi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 Form 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | |-------------------------------------------------------------------------------------------|---------------------------------|-------------- ...

Q3 2021 Financial Highlights and Charging Forward Update 2021 2025 Est. 2025 charging forward target Q3 Net Sales $3,416 Outgrew the market | --- | --- | |-------------------------|---------------------------| | | | | Adj. Operating Margin | 9.1% | | Adj. diluted EPS $0.80 | Diluted EPS $0.40 | | | | | Free cash flow ($10) | operating activities $142 | Net cash provided by 2021 Full Year Net Sales Guidance $14,400 to $14,700 | --- | --- | |----------------------------------|--------------------------------- ...