Creating Sustainable Solutions TOGETHER Strategic Overview and Outlook Jeff Edwards Q & A 2 Fourth Quarter and Full Year 2024 Earnings Presentation February 14, 2025 Agenda Introduction Roger Hendriksen | Director, Investor Relations 2024 Year in Review Jeff Edwards | Chairman and Chief Executive Officer Financial Overview Jon Banas | Executive VP and Chief Financial Officer Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of U.S. federal securities laws, ...

Financial Performance - Sales for Q4 2024 totaled $660.8 million, a decrease of 1.9% compared to Q4 2023[6] - Operating income for Q4 2024 was $31.7 million, an increase of $36.2 million from Q4 2023[6] - Net income for Q4 2024 was $40.2 million, or $2.24 per diluted share, reflecting an improvement of $95.4 million from Q4 2023[6] - Adjusted EBITDA for Q4 2024 was $54.3 million, representing 8.2% of sales[6] - For the full year 2024, sales totaled $2.73 billion, a decrease of 3.0% compared to 2023[6] - Gross profit increased to $82.0 million in Q4 2024, up 26.7% from $64.7 million in Q4 2023[30] - Operating income for the year ended December 31, 2024, was $69.8 million, compared to $46.0 million in 2023, reflecting a significant improvement[30] - Net income attributable to Cooper-Standard was $40.2 million in Q4 2024, a recovery from a loss of $55.2 million in Q4 2023[30] - Adjusted EBITDA for 2024 was $180,689, compared to $167,076 in 2023, reflecting a year-over-year increase of approximately 8.9%[40] - The adjusted EBITDA margin improved to 6.6% in 2024 from 5.9% in 2023, indicating enhanced operational efficiency[40] Cash Flow and Liquidity - Cash provided by operating activities in Q4 2024 was $74.7 million, with free cash flow of $63.2 million[11] - Total liquidity at year-end 2024 was $339.2 million, including cash and cash equivalents of $170.0 million[13] - The company generated net cash provided by operating activities of $76,369 in 2024, compared to $117,277 in 2023, showing a decline of approximately 34.9%[35] - Cash and cash equivalents increased to $170.0 million in 2024 from $154.8 million in 2023, indicating improved cash flow management[32] - The company ended 2024 with cash, cash equivalents, and restricted cash totaling $178,697, up from $163,061 at the end of 2023[35] - Net cash used in investing activities was $45,120 in 2024, a decrease from $64,968 in 2023, reflecting improved cash management[35] Business Awards and Future Guidance - The company received total net new business awards of $181.4 million in 2024, including $105.8 million related to electric vehicle platforms[15] - The company expects improved financial results in 2025, with initial guidance for sales between $2.7 billion and $2.8 billion[19] - Adjusted EBITDA guidance for 2025 is projected to be between $200 million and $235 million[19] Assets and Liabilities - Total current assets decreased to $805.3 million in 2024 from $900.6 million in 2023, indicating a reduction in liquidity[32] - Total liabilities decreased to $1.87 billion in 2024 from $1.96 billion in 2023, showing a reduction in financial obligations[32] - The company’s total equity showed a deficit of $133.4 million in 2024, worsening from a deficit of $89.7 million in 2023[32] Earnings and Charges - The company reported a basic income per share of $2.28 in Q4 2024, compared to a loss of $3.16 per share in Q4 2023[30] - The company experienced restructuring charges of $23.6 million for the year ended December 31, 2024, compared to $18.0 million in 2023[30] - The company incurred pension settlement and curtailment charges of $44,553 in 2024, compared to $16,035 in 2023, indicating a significant increase[35] - Restructuring charges for the year ended December 31, 2024, totaled $23.601 million, compared to $18.018 million in 2023[43] - Non-cash impairment charges in 2024 were related to idle assets in Asia Pacific, while 2023 charges were related to assets in Europe and Asia Pacific[43] - The deferred tax valuation allowance reversal in 2024 was $41.507 million, with no such reversal in 2023[43] Capital Expenditures - Capital expenditures decreased to $50,498 in 2024 from $80,743 in 2023, a reduction of about 37.4%[35] - Capital expenditures for Q4 2024 were $11.484 million, down from $17.559 million in Q4 2023[45]

Core Viewpoint - Cooper-Standard Holdings Inc. reported improved financial results for the fourth quarter and full year 2024, despite challenges such as lower production and foreign exchange headwinds. The company anticipates continued operational efficiencies and margin enhancements in 2025 [2][4][6]. Financial Performance - **Fourth Quarter 2024 Results**: - Sales were $660.8 million, a decrease of 1.9% compared to Q4 2023 [3][9]. - Net income was $40.2 million, or $2.24 per diluted share, reflecting an improvement of $95.4 million year-over-year [3][9]. - Adjusted EBITDA totaled $54.3 million, representing 8.2% of sales, an increase from the previous year [3][9]. - **Full Year 2024 Results**: - Total sales reached $2.73 billion, down 3.0% from 2023 [3][9]. - The net loss was $78.7 million, or $(4.48) per diluted share, an improvement of $123.2 million compared to 2023 [3][9]. - Adjusted EBITDA for the year was $180.7 million, or 6.6% of sales, an increase of $13.6 million from 2023 [3][9]. Cash Flow and Liquidity - **Fourth Quarter Cash Flow**: - Net cash provided by operating activities was $74.7 million, with free cash flow of $63.2 million, an increase of $1.1 million from Q4 2023 [7][9]. - **Full Year Cash Flow**: - Cash provided by operating activities was $76.4 million, while free cash flow was $25.9 million, down from $117.3 million and $36.5 million in 2023, respectively [8][9]. Business Outlook - The company expects global light vehicle production to decline in 2025 compared to 2024, with ongoing inflationary pressures. However, management anticipates improved financial results in 2025 due to continued operational efficiencies [16][17]. - Initial guidance for 2025 includes projected sales of $2.7 to $2.8 billion and adjusted EBITDA of $200 to $235 million [16][17]. New Business Awards - In 2024, Cooper Standard secured new business awards totaling $181.4 million in anticipated future annualized sales, including $105.8 million related to electric vehicle platforms [12].

Financial Results Announcement - Cooper-Standard Holdings Inc. is set to release its financial results for the fourth quarter and full year 2024 on February 13, 2025, after market close [1] - The earnings results will be available on the Cooper Standard website once released [1] Conference Call Details - A conference call will be hosted on February 14, 2025, at 9 a.m. ET, featuring Chairman and CEO Jeffrey Edwards and CFO Jonathan Banas [2] - The call will cover financial results, a general business update, and a Q&A session for investors [2] - Participants can join the call via a toll-free number for the U.S. and Canada or an international number [3] Webcast and Replay - A replay of the conference call will be available shortly after the live event on the investors' section of the Cooper Standard website [4] Company Overview - Cooper Standard is headquartered in Northville, Michigan, and operates in 21 countries as a leading global supplier of sealing and fluid handling systems [5] - The company employs over 22,000 team members, focusing on innovative and sustainable engineered solutions for various transportation and industrial markets [5]

Core Viewpoint - Canadian Premium Sand Inc. has successfully secured a US$75 million tax credit allocation to repurpose a former glass manufacturing site in the southern US for producing pattern solar glass, marking a significant step in advancing its US Project [1][2][3]. Tax Credit Allocation - The company received a letter of encouragement from the US Department of Energy in August 2024 and submitted a detailed application for the 48C tax credit program in October 2024, leading to the acceptance of the tax credit allocation by the US Internal Revenue Service [2][3]. - The tax credit allocation is transferable, allowing the company to monetize it for construction financing, with options to sell the tax credit for cash or enter into a tax-equity transaction [3]. Strategic Partnership - The company's US subsidiary, CPS Glass USA Corp., is negotiating a joint venture agreement with a strategic partner that possesses glass manufacturing expertise and engineering capabilities, which will help refine capital costs and mitigate risks associated with the project [4]. Project Advancement - The company is progressing with engineering and commercial contracting efforts for the US Project, aiming to leverage its low iron silica sand resource to become North America's largest vertically integrated supplier of pattern solar glass [5][8]. - The company is also advancing pre-construction engineering and design to finalize capital cost estimates and updating environmental permits to reflect revised operational parameters [8]. Board of Directors Appointment - Brad Virbitsky has been appointed to the board of directors, bringing over a decade of experience in corporate and financial strategies, and currently holds a 14% stake in the company [6].

Financial Performance and Strategic Developments - The company concluded its warrant exercise and reported its fiscal year-end 2024 financial results, with audited financial statements and Management's Discussion and Analysis available under its SEDAR+ profile [1] - In 2024, the company invested $0.52 million to advance its Selkirk Project and discussions with a potential strategic partner for the US Project, aiming to produce approximately 10GW per year of pattern solar glass [2] - The company's large shareholders, board members, and management exercised 9,206,404 warrants at $0.40 per warrant, generating $3,682,562 in gross cash proceeds, which will support the advancement of its solar glass manufacturing projects [5] - Of the 32,100,000 warrants issued in 2022, 14,811,496 were exercised, and the remaining 17,288,504 expired on December 31, 2024 [6] Manufacturing Capacity and Strategic Vision - The company is developing North American manufacturing capacity for ultra-high-clarity pattern solar glass, utilizing high-purity low-iron silica sand from its Wanipigow quarry leases [3] - The Selkirk Project will produce 6GW of low-carbon solar glass using renewable Manitoba hydroelectricity, while the US Project will produce 4GW of domestic solar glass, positioning the company as the largest and preferred supplier in North America [3] - The company has established a broader strategic vision to supply both low-carbon products from the Selkirk Project and US-manufactured products from the US Project [2] Financial Support and Partnerships - The company received financial support totaling $272 million from the Province of Manitoba and the Government of Canada for the Selkirk Project, including a $100 million non-dilutive financial support application currently in the due diligence phase [8] - Discussions were held with Manitoba-based indigenous groups for potential investment participation of up to $100 million in the Selkirk Project through the federal Indigenous Loan Guarantee Program [8] - The company is working towards formalizing $72 million in financial support from the Province of Manitoba for the Selkirk Project [8] - A site in the US was selected to repurpose a former glass manufacturing facility for the US Project, with a potential strategic partner, and a wholly owned US subsidiary was established to apply for a tax credit with the U.S. Department of Energy [8] Market Positioning and Customer Engagement - The company is advancing conversations with customers related to the supply of pattern solar glass from both the Selkirk and US Projects [8] - With a proposed annual manufacturing capacity of 10GW, the company is well-positioned to become the largest and preferred supplier of pattern solar glass in North America [3]

Core Insights - Cooper Standard has been awarded the Innovations in Lightweighting Award by the Society of Automotive Analysts (SAA) for its FlexiCore™ Thermoplastic Body Seal, which is recognized for its innovative mass-saving technology [1][2] - The FlexiCore seal offers a weight reduction of up to 44%, enhancing vehicle efficiency while being fully recyclable, thus contributing to environmental sustainability [3][4] Company Overview - Cooper Standard is a leading global supplier of sealing and fluid handling systems, headquartered in Northville, Michigan, with operations in 21 countries and a workforce of over 22,000 [6] - The company focuses on creating innovative and sustainable engineered solutions for various transportation and industrial markets [6] Industry Context - The mobility industry is evolving towards hybrid and electric vehicles, where advanced materials are crucial for improving fuel economy and reducing emissions while maintaining safety and performance [4] - Lightweight materials are essential in offsetting the weight of power systems like batteries and electric motors, thereby improving efficiency and extending the all-electric range of vehicles [4]

Core Viewpoint - Canadian Premium Sand Inc. has completed two financing initiatives to support the advancement of its solar glass manufacturing facilities in Canada and the US, indicating strong backing from major shareholders and insiders [1][2][3]. Financing Initiatives - The company raised $2,516,295 by the exercise of 6,290,737 common share purchase warrants at an exercise price of $0.40 per warrant, increasing the total common shares outstanding to 89,711,489 [1]. - Additional exercises of up to 1,650,000 warrants by other large shareholders could provide up to $660,000 in further cash proceeds [1]. Convertible Debentures - Key strategic investors have agreed to extend the maturity date of the company's outstanding convertible debentures by one year, from February 26, 2025, to February 26, 2026 [2][3]. Strategic Goals - The company aims to finalize terms for federal and provincial financial support and secure a lead investor to complete financing for the Selkirk Project [3]. - A positive decision from the US Department of Energy regarding the company's investment tax credit application for the US facility is anticipated in Q1 2025, which would significantly enhance development plans [3]. Manufacturing Capacity - Canadian Premium Sand Inc. is developing manufacturing capacity for ultra high-clarity pattern solar glass, with a facility in Selkirk, Manitoba, expected to produce 6GW of low-carbon solar glass, and a US facility projected to produce 4GW [4]. - The total proposed annual manufacturing capacity of 10GW positions the company to become a leading supplier in North America [4].

NORTHVILLE, Mich., Dec. 5, 2024 /PRNewswire/ -- For the sixth consecutive year, Cooper Standard (NYSE: CPS) earned a spot on Newsweek's annual list of America's Most Responsible Companies. The 2025 rankings were conducted by Newsweek and Statista Inc., a world-leading statistics portal and industry ranking provider. Cooper Standard has been included on the list of most responsible companies in the United States since the list's inception six years ago.The final list, which can be viewed on Newsweek's websit ...

Vancouver, British Columbia--(Newsfile Corp. - November 20, 2024) - Copper Standard Resources Inc. (CSE: CSR) ("Copper Standard") and Pucara Gold Ltd. (TSXV: TORO) ("Pucara") are pleased to announce the successful completion of the previously announced transaction pursuant to which Copper Standard acquired all of the issued and outstanding common shares of Pucara (the "Pucara Shares"), not previously owned by Copper Standard, by way of a court-approved plan of arrangement (the "Arrangement"). Pursuant to t ...