UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K __________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o 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 001-38636 __________________________ Garrett Motion Inc. (Exact name of registrant as specified in it ...

Garrett Motion Inc. (NASDAQ:GTX) Q3 2023 Earnings Conference Call October 24, 2023 8:00 AM ET Company Participants Eric Burge - Head of Investor Relations Olivier Rabiller - President and Chief Executive Officer Sean Deason - Senior Vice President and Chief Financial Officer Conference Call Participants Hamed Khorsand - BWS Financial Operator Hello. My name is Drew and I'll be your operator this morning. I would like to welcome everyone to the Garrett Motion Third Quarter Financial Results Conference Call. ...

October 24, 2023 ($M) $152 $57 Adjusted EBITDA Q3 2023 (41) Change in Working Capital (11) Cash Taxes (24) Capital Expenditures (21) Cash Interest 2 Other Adjusted Free Cash Flow Q3 2023 2 1 1 1 Reconciliations of Non-GAAP financial measures are included in Appendix Other • Strong liquidity position of $732M | --- | --- | --- | |---------------------------------------------|---------|---------| | | Q2 2023 | Q3 2023 | | Unrestricted Cash 1 | 478 | 162 | | Undrawn Revolver Credit Facility | 570 | 570 | | Tot ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ________________________________________________ FORM 10-Q ________________________________________________ (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, 2023 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: 001-38636 _______ ...

Financial Data and Key Metrics Changes - In Q2 2023, the company reported net sales of over $1 billion, an increase of 18% on a reported basis and 19% on a constant currency basis compared to the same quarter last year [14][52] - Adjusted EBITDA for the quarter was $170 million, up from $138 million in the same period last year, with an adjusted EBITDA margin of 16.8%, up from 16.1% [10][26] - Adjusted free cash flow reached $140 million, significantly up from $23 million in Q2 2022, driven by favorable working capital [10][27] Business Line Data and Key Metrics Changes - Gasoline products saw a 34% increase at constant currency, contributing $118 million to sales, now comprising 45% of reported net sales [28] - Diesel products grew by 9% in constant currency, adding $21 million to sales, now making up 26% of total sales [29] - Commercial vehicles increased by 10% at constant currency, representing 17% of total net sales, driven by a favorable product mix [29] - The aftermarket business grew by 6% at constant currency, now comprising 11% of net sales [30] Market Data and Key Metrics Changes - Regional sales breakdown showed 49% of Q2 sales from Europe, 30% from Asia, and 19% from North America [26] - The company noted a stabilization in supply chains, contributing positively to working capital and cash flow generation [27] Company Strategy and Development Direction - The company is focused on zero-emission technologies, aiming for $1 billion in annual sales from these products by 2030, with a commitment to maintaining or improving margins [24][46] - Recent product wins in differentiated technologies, including E-Compressor and E-Cooling compressor, are expected to enhance the company's market position [19][22] - The company plans to pay down $200 million of debt in Q3 as part of its strategy to achieve a net leverage ratio of two times by the end of 2024 [18][39] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strong operational execution and ability to convert revenue into earnings and cash flow despite a volatile macroeconomic environment [43] - The outlook for 2023 has been raised, with expectations of net sales of $3.93 billion and adjusted EBITDA of $645 million [41][48] - Management acknowledged ongoing regional industry risks, including UAW negotiations in North America and economic conditions in China [32] Other Important Information - The company completed a capital structure transformation by converting all Series A shares into common shares, increasing market capitalization to about $2 billion [45][54] - The share repurchase authorization was increased to $250 million, with $80 million already utilized as of July 25 [16][36] Q&A Session Summary Question: What are the expectations for sequential sales increases? - Management indicated that while there may not be significant sequential increases, the forecast aligns closely with initial expectations, influenced by product mix and global conditions [62] Question: Will the shift in product mix affect EBITDA margins? - Management reassured that while there may be short-term fluctuations, the long-term margin profile remains intact, with gasoline business expected to perform at previously stated margins [63] Question: Are zero-emission deals translating into revenue this fiscal year? - Management confirmed that there is already some revenue from fuel cell compressors, with expectations for progressive boosts as predevelopment programs transition to production [65]

July 27, 2023 Q2 2023 FINANCIAL RESULTS Non-GAAP Financial Measures This presentation includes the following Non-GAAP financial measures which are not calculated in accordance with generally accepted accounting principles in the United States ("GAAP"): constant currency net sales growth, EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, Consolidated EBI TDA, Adjusted Free Cash Flow, and Debt (gross and net, including and excluding Series B preferred stock) to Consolidated EBITDA. The Non-GAAP financial measu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ________________________________________________ FORM 10-Q ________________________________________________ (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, 2023 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: 001-38636 ____________ ...

Garrett Motion Inc. (NASDAQ:GTX) Q1 2023 Earnings Conference Call April 24, 2023 8:30 AM ET Company Participants Eric Birge - Head of Investor Relations Olivier Rabiller - President and Chief Executive Officer Sean Deason - Senior Vice President and Chief Financial Officer Conference Call Participants Vahid Khorsand - BWS Financial Operator Hello, my name is Jason, and I will be your operator this morning. I would like to welcome everyone to the Garrett Motion First Quarter Financial Results Conference Call ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ________________________________________________ (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, 2023 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: 001-38636 ________________________________________________ Garrett Mot ...

Garrett Motion Inc. (NASDAQ:GTX) Q4 2022 Earnings Conference Call February 14, 2023 8:30 AM ET Company Participants Paul Blalock - Vice President of Investor Relations Olivier Rabiller - President & Chief Executive Officer Sean Deason - Senior Vice President & Chief Financial Officer Conference Call Participants Hamed Khorsand - BWS Financial Eric Gregg - FTIA Chris McIntyre - McIntyre Partnerships Operator Hello, my name is Jason and I’ll be your operator this morning. I would like to welcome everyone to t ...