October 31, 2024 APTIV Third Quarter 2024 Earnings Call ·APTIV· Forward-Looking Statements This presentation, as well as other statements made by Aptiv PLC (the "Company"), contain forward-looking statements that reflect, when made, the Company's current views with respect to current events, certain investments and acquisitions and financial performance. Such forward-looking statements are subject to many risks, uncertainties and factors relating to the Company's operations and business environment, which m ...

Exhibit 99.1 · AP T Media Release Aptiv Reports Third Quarter 2024 Financial Results Record Adjusted Earnings Per Share Reflecting Strong Operating Performance DUBLIN - Aptiv PLC (NYSE: APTV), a global technology company focused on making the world safer, greener and more connected, today reported third quarter 2024 U.S. GAAP earnings of $1.48 per diluted share. Excluding special items, third quarter earnings totaled $1.83 per diluted share. Third Quarter Financial Highlights Include: • U.S. GAAP revenue of ...

August 1, 2024 APTIV Second Quarter 2024 Earnings Call ·APTIV· Forward Looking Statements This presentation, as well as other statements made by Aptiv PLC (the "Company"), contain forward-looking statements that reflect, when made, the Company's current views with respect to current events, certain investments and acquisitions and financial performance. Such forward-looking statements are subject to many risks, uncertainties and factors relating to the Company's operations and business environment, which ma ...

Financial Performance - Total net sales for the three months ended June 30, 2024, were $5.1 billion, a decrease of 3% compared to the same period in 2023[170]. - Total net sales for the six months ended June 30, 2024, were $10.0 billion, a decrease of 1% compared to the same period in 2023[170]. - Net sales for the three months ended June 30, 2024, decreased by 3% to $5,051 million compared to $5,200 million in the same period of 2023, primarily due to a 3% decline in volumes, particularly in Europe and North America[184]. - Total revenue for the six months ended June 30, 2024, was $9,952 million, a decrease from $10,018 million in the same period of 2023, reflecting a variance of $(66) million[205]. - Operating income for the three months ended June 30, 2024, increased to $441 million, up from $410 million in the same period of 2023, representing a favorable variance of $31 million[181]. - Net income attributable to Aptiv for the three months ended June 30, 2024, was $938 million, significantly higher than $242 million in the same period of 2023, marking an increase of $696 million[181]. - Adjusted Operating Income for the three months ended June 30, 2024, was $436 million, up from $392 million in the same period of 2023, an increase of $44 million[207]. - Adjusted Operating Income for the six months ended June 30, 2024, was impacted by $98 million in favorable pricing, net of contractual price reductions[209]. Production and Operations - Vehicle production for the six months ended June 30, 2024, was flat, down 1% on an Aptiv weighted market basis[172]. - Global automotive vehicle production increased by 9% from 2022 to 2023, but was flat for the first half of 2024[172]. - The ongoing semiconductor supply shortage has impacted production and the ability to meet vehicle production demands[174]. - Approximately 97% of the company's hourly workforce is located in best cost countries, providing flexibility to remain profitable throughout the production cycle[177]. - The number of vehicle recalls globally has increased, which may impact the company's operations and financial results[177]. Costs and Expenses - Selling, general and administrative expenses for the three months ended June 30, 2024, increased to $405 million (8.0% of net sales) from $353 million (6.8% of net sales) in the prior year, reflecting an unfavorable variance of $52 million[190]. - Cost of sales for the three months ended June 30, 2024, decreased by $253 million to $4,083 million compared to $4,336 million in the same period of 2023, primarily due to improved operational performance[186]. - Interest expense decreased to $64 million for the three months ended June 30, 2024, down from $72 million in 2023, reflecting the repayment of the Tranche A Term Loan in October 2023[194]. - The automotive industry is experiencing significant inflationary pressures, particularly in raw materials like copper and petroleum-based resin products[178]. - The global semiconductor supply shortage has led to increased pricing pressures, with expectations for continued volatility in semiconductor supply costs[180]. Strategic Initiatives - The acquisition of Wind River in December 2022 aims to enhance capabilities in software-defined mobility and intelligent edge software solutions[174]. - OEMs are increasingly adopting global vehicle platforms, which benefits suppliers with global scale and strong design capabilities[176]. - The Company expects to incur additional restructuring expenses in 2024, primarily related to manufacturing footprint rotation and alignment with automotive production levels[193]. - The Company plans to implement further restructuring activities to optimize its manufacturing footprint and improve efficiency based on market conditions[194]. Investments and Financing - The company has gross debt of approximately $7.0 billion and available liquidity of approximately $4.6 billion as of June 30, 2024[177]. - Cash and cash equivalents as of June 30, 2024, totaled $1.4 billion, with total available liquidity amounting to $4.638 billion[211]. - The company repurchased 5,372,682 shares for $434 million during the three months ended June 30, 2024, at an average price of $80.69 per share[213]. - An accelerated share repurchase program was initiated on August 1, 2024, to repurchase $3.0 billion of ordinary shares[215]. - The company entered into a new $2.5 billion senior unsecured bridge credit facility on August 1, 2024, to partially finance share repurchases[216]. - Aptiv maintains a $2 billion revolving credit facility, maturing on June 24, 2026, with no amounts outstanding as of June 30, 2024[221]. Tax and Equity - The Company's effective tax rate for the three months ended June 30, 2024 included net discrete tax benefits of approximately $27 million, primarily related to a business reorganization[198]. - Equity loss, net of tax, decreased to $34 million for the three months ended June 30, 2024, compared to $73 million in 2023, due to a reduction in the Company's equity interest in Motional[200]. - The total income tax benefit recorded due to intercompany transfers of intellectual property was approximately $2,080 million during the second half of 2023[198]. Research and Development - The company invested approximately $1.8 billion in research and development in 2023, including $492 million from co-investments by customers and government agencies[176]. - The company holds approximately 10,000 patents and protective rights, reflecting its strong focus on innovation and technology development[176].

Aptiv PLC (NYSE:APTV) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants Jane Wu - VP, IR and Corporate Development Kevin Clark - Chairman and CEO Joseph Massaro - Vice Chairman and CFO Conference Call Participants Joe Spak - UBS John Murphy - Bank of America Itay Michaeli - Citi William Tackett - Morgan Stanley Dan Levy - Barclays Mark Delaney - Goldman Sachs Shreyas Patil - Wolfe Research Tom Narayan - RBC Operator Good day and welcome to the Aptiv Q2 2024 Earnings Call. Today ...

Exhibit 99.1 · APTIV· Media Release Aptiv Reports Second Quarter 2024 Financial Results; Delivers Record Quarterly Operating Earnings and Earnings per Share; Announces New $5.0 Billion Share Repurchase Authorization and $3.0 Billion Accelerated Share Repurchase Program DUBLIN - Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, today reported second quarter 2024 U.S. GAAP earnings of $3.47 per diluted share. Excluding special items, second quart ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ FORM 10-Q ___________________________________________________________________________________________________________________________________________________________ ...

Financial Data and Key Metrics - Q1 2024 revenue was $4.9 billion, representing a 2% year-over-year growth, impacted by slowing EV production in North America and Europe [7][27] - EBITDA and operating income were $720 million and $544 million, respectively, with a 20% growth and 200 basis points margin expansion [7][27] - Earnings per share increased 27% to $1.16 [7][27] - The company repurchased $600 million of stock during the quarter, bringing the total to $900 million over the last two quarters [7][8] - Full-year 2024 revenue guidance was lowered by $450 million due to EV production weakness and foreign exchange impacts [8][35] Business Line Data and Key Metrics - Advanced Safety and User Experience (ASUX) segment grew 5%, driven by 24% growth in active safety, with $2.5 billion in new bookings [12][14] - Signal and Power Solutions (SPS) segment saw 1% revenue growth, with $10.3 billion in new bookings, including $7 billion in electrical distribution systems [12][18] - ASUX operating income margin was 10.8%, while SPS operating income margin was 11.2% [31][32] Market Data and Key Metrics - In China, the company secured $3 billion in new business awards, with 70% of bookings coming from local OEMs [13][64] - North America revenue grew 2%, Europe revenue declined 1%, and China revenue grew 5% above market [29][30] - High-voltage revenue declined 2% in North America and 6% in Europe due to EV production slowdowns [27][28] Company Strategy and Industry Competition - The company is focusing on cost reduction initiatives, including a 10% reduction in salary payroll and increased automation to 30% by 2026 [10][53] - Aptiv is well-positioned to support the transition to electrified, software-defined vehicles, with a strong portfolio across all powertrain platforms [21][22] - The company is leveraging its edge-to-cloud portfolio to capitalize on the automotive industry's transition to software-defined vehicles [25] Management Commentary on Operating Environment and Future Outlook - Management noted continued weakness in EV production, particularly in North America and Europe, leading to a revised 2024 outlook [8][27] - The company expects second-half revenue growth to accelerate, driven by new program launches and volume growth [39][40] - Aptiv remains confident in its long-term growth prospects, supported by its competitive position and cost-saving initiatives [11][43] Other Important Information - The company reached an agreement with Hyundai regarding the Motional joint venture, with Hyundai providing additional funding and acquiring 11% of Motional's common equity [41][42] - Aptiv increased its share repurchase target from $750 million to $1.5 billion for 2024, reflecting confidence in the stock's undervaluation [11][36] Q&A Session Summary Question: Growth potential with Japanese OEMs and local sourcing in China [46] - Aptiv is making progress with Japanese OEMs, particularly in ADAS and hybrid/BEV segments, and views itself as a local supplier in China due to its 30-year presence and localized capabilities [49][51] Question: Automation and labor cost savings [52] - The company aims to increase automation to 30% of labor hours by 2026 and 50% by 2030, starting from a baseline of 15% [53][54] Question: Gen 6 ADAS platform and growth over market [55] - The Gen 6 ADAS platform offers 15-30% cost savings to customers, and the company expects growth over market to remain in the 6-8% range [56][57] Question: ASUX margins and outlook [58] - ASUX margins are expected to remain in the 10.5-11% range for the year, driven by cost reductions and engineering rotation [59] Question: Positioning in China and emerging players [60] - Aptiv is well-positioned in China, with over 50% of bookings from local OEMs, and is working with emerging players like Xiaomi and Huawei [61][62] Question: Capital allocation and buyback strategy [67] - The company plans to continue share repurchases at healthy levels, given the stock's undervaluation, while also pursuing acquisitions to diversify revenues [68] Question: Active safety growth and pricing dynamics [84][87] - Active safety revenue is expected to grow over 20% for the year, with pricing dynamics shifting from material inflation to labor inflation [85][88] Question: Impact of powertrain shifts on SPS business [98] - The company can pivot between ICE, hybrid, and BEV product lines with minimal retooling, as many facilities already produce both low and high-voltage solutions [99][100] Question: Global production outlook [101] - The company revised its global vehicle production outlook down by 1%, primarily due to BEV production cuts, with some offset from increased ICE production [102][103]

Exhibit 99.1 · AP T Media Release Aptiv Reports First Quarter 2024 Financial Results Solid Operating Performance DUBLIN - Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, today reported first quarter 2024 U.S. GAAP earnings of $0.79 per diluted share. Excluding special items, first quarter earnings totaled $1.16 per diluted share. First Quarter Financial Highlights Include: • U.S. GAAP revenue of $4.9 billion, an increase of 2% ◦ Revenue incre ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ 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 ☐ 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: 001-35346 APTIV PLC (Exact name of registrant as specified in its charter) Jersey 98-1029562 (State or other jurisdiction of (I ...