Superior Industries(SUP) - 2024 Q1 - Quarterly Results

Exhibit 99.1 News Release Superior Reports First Quarter 2024 Financial Results Executing strategic transformation to enhance competitive positioning First Quarter 2024 Highlights: • Successfully exited high-cost German manufacturing facility, as planned • Net Sales of $316M (down 4% before giving effect to lower cost of aluminum and Deconsolidation of Subsidiary 1) • Value-Added Sales Adjusted for FX and Deconsolidation1 of Subsidiary of $171M, down 6% YoY • Net Loss of $33M • Adjusted EBITDA1 of $31M • Ca ...