PHINIA (NYSE:PHIN) 2026 Investor Day February 25, 2026 09:00 AM ET Company ParticipantsBrady Ericson - President and CEOBrian Sponheimer - Portfolio ManagerChris Gropp - VP and CFOFederico Merendi - Equity Research Vice PresidentJoseph Spak - Managing DirectorKellen Ferris - VP of Investor RelationsNeil Fryer - VP and General Manager of Global AftermarketPedro Abreu - VP and Chief Strategy OfficerTodd Anderson - VP and CTOConference Call ParticipantsBobby Brooks - Senior Research AnalystDan Levy - Senior Eq ...

PHINIA INVESTOR DAY 2026 WEDNESDAY, FEBRUARY 25, 2026 NEW YORK STOCK EXCHANGE 1 FORWARD-LOOKING STATEMENTS 2026 INVESTOR DAY Kellen Ferris VP Investor Relations 2 This presentation contains forward-looking statements within the meaning of U.S. federal securities laws. Forward-looking statements are statements other than historical fact that provide current expectations or forecasts of future events based on certain assumptions and are not guarantees of future performance. Forward-looking statements use word ...

Core Insights - FORVIA's 2025 results show ongoing margin improvement and deleveraging, supported by strong cash flow generation [2][3] - The company is focused on three strategic priorities: delivering performance, driving business transformation, and invigorating culture [2][3] Financial Performance - Reported sales for 2025 were €26.2 billion, or €27 billion at constant currency, remaining flat year-on-year [7] - Operating margin improved to 5.6% of sales, up 40 basis points compared to 2024 [7] - Net cash flow increased by 47% to €962 million [7] - Net debt decreased by €0.6 billion to €6.0 billion, with a net debt to adjusted EBITDA ratio of 1.7x, down from 2.0x at the end of 2024 [7][18] Strategic Initiatives - The planned divestiture of the Interiors Business Group is in advanced negotiations and is expected to reduce net debt by over €1 billion [4][36] - The company has undertaken significant non-cash exceptional charges in 2025, reflecting disciplined portfolio decisions aligned with its simplification and resilience objectives [5][24] Market Context - Global automotive production increased by 3.9% to 93 million light vehicles in 2025, with strong growth in China offsetting declines in Europe and North America [9] - The unfavorable geographic mix effect for FORVIA was approximately 2.5 percentage points due to regional shifts [9] Operational Highlights - Organic sales were broadly stable, with product sales up 1.5%, offset by lower tooling sales [12] - The company achieved €165 million in restructuring savings and €63 million in synergies from the FORVIA HELLA integration, reaching a target of €400 million by the end of 2025 [13] 2026 Outlook - FORVIA anticipates a challenging production environment in 2026, with global automotive production projected to decline slightly to 92.8 million light vehicles [37] - The company aims to continue rigorous cost control and cash management, expecting further benefits from the EU-FORWARD and SIMPLIFY programs [38]

Group 1 - The article highlights the investment potential in established companies known as Dividend Aristocrats, which are S&P 500 companies that have increased dividends for at least 25 consecutive years [1] - It emphasizes that opportunities arise when these companies are oversold and trading near recent lows, creating a favorable setup for investment [2] - The selection process for identifying potential stocks involved using specific filters in Barchart's Stock Screener [3] Group 2 - The first identified Dividend Aristocrat is Genuine Parts Company, a global distributor of automotive and industrial replacement parts, recognized for its NAPA brand [6][8] - Genuine Parts Company reported a 5% year-over-year increase in sales to $6.3 billion, while net income slightly decreased by 0.2% to $226 million due to higher operating costs [9] - The company has a long history of dividend increases, having raised its dividends for 70 consecutive years, with a current forward annual dividend of $4.12, yielding approximately 3.28% [9]

Core Viewpoint - Cooper Standard Holdings Inc. announced the pricing of a private offering of $1.1 billion in Senior Secured First Lien Notes with a 9.250% interest rate due in 2031, aimed at refinancing existing debt and covering related expenses [1]. Group 1: Offering Details - The offering consists of $1,100 million in aggregate principal amount of 9.250% Senior Secured First Lien Notes due 2031 [1]. - The Notes will be secured obligations guaranteed by CS Intermediate HoldCo 1 LLC and certain domestic subsidiaries of the Issuer [1]. - The offering is expected to close on March 4, 2026, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the Notes offering will be used to redeem existing debt, including 13.50% Cash Pay / PIK Toggle Senior Secured First Lien Notes due 2027 and 5.625% Senior Notes due 2026 [1]. - The company will also use the proceeds to pay fees and expenses related to the offering and the redemptions [1]. Group 3: Regulatory Compliance - The Notes are being offered under an exemption from the registration requirements of the Securities Act of 1933, specifically to "qualified institutional buyers" and non-U.S. persons [1]. - The offering does not constitute an offer to sell or solicit offers to buy securities in jurisdictions where such actions would be unlawful [1]. Group 4: Company Overview - Cooper Standard is a leading global supplier of sealing and fluid handling systems, headquartered in Northville, Michigan, with operations in 20 countries [1]. - The company employs approximately 22,000 team members and focuses on innovative and sustainable engineered solutions for various markets [1].

Core Viewpoint - Standard Motor Products, Inc. is set to report its earnings for Q4 and the full year of 2025 on February 26, 2026, before market opening [1] Group 1: Earnings Announcement - The earnings report will cover the three months and twelve months ended December 31, 2025 [1] - The earnings conference call is scheduled for 11:00 AM Eastern Time on February 26, 2026 [1] - The call will be accessible via webcast on the company's website and through dial-in options for investors [1] Group 2: Conference Call Details - Investors can listen to the call by dialing 800-343-4849 for domestic calls or 203-518-9848 for international calls [1] - The conference call ID code is SMP4Q2025 [1] - A playback of the call will be available immediately after the call, with a separate playback number for domestic and international listeners [1]

Core Viewpoint - First Brands, a global automotive parts supplier, has closed its McHenry, Illinois plant and laid off 389 workers following the arrest of its former executives on multiple fraud charges [1][4]. Group 1: Company Actions - The McHenry plant closure was reported to the state on February 3, with layoffs starting the same day [4]. - The company is facing a federal investigation related to the actions of its former executives [6]. Group 2: Legal Issues - Patrick and Edward James, former executives of First Brands, have been arrested on charges including conspiracy to commit wire fraud and bank fraud, as well as money laundering [2]. - The charges stem from schemes to misrepresent the financial condition of First Brands to lenders [2]. - A former senior executive, Peter Andrew Brumbergs, pleaded guilty to his involvement in the fraudulent activities prior to the arrests [3]. Group 3: Financial Misrepresentation - The indictment reveals that the James brothers allegedly misled lenders by portraying First Brands as a successful and growing business, while the reality involved fraud and false financial documentation [4]. - The company reportedly obtained billions for First Brands and millions for themselves through these fraudulent activities [4]. Group 4: Potential Legal Consequences - A class action law firm has initiated an investigation into First Brands for a possible violation of the WARN Act, which mandates a 60-day notice for significant layoffs or plant closures [5].

Core Viewpoint - The company reported mixed financial results for the fourth quarter, with adjusted earnings per share falling short of analyst expectations while sales exceeded projections Financial Performance - Fourth-quarter adjusted earnings per share were 59 cents, missing the analyst consensus estimate of 65 cents [1] - Quarterly sales reached $3.312 billion, reflecting a 2.7% year-over-year increase and surpassing the Street view of $3.253 billion [1] - Total parts and services revenue increased by 2.2%, which included a 3.7% increase attributed to foreign exchange rates year-over-year [1] - Adjusted net income for the fourth quarter was $150 million, down from $202 million a year ago [1] Cash Position - The company exited the quarter with cash and equivalents totaling $319 million [2] Restructuring Plan - A restructuring plan has been approved to align costs with key markets and enhance long-term performance, expecting restructuring charges of approximately $60 million to $70 million [3] - Management anticipates over $50 million in annualized savings, with most benefits expected to begin in 2026 [3] - As of December 31, 2025, total debt is projected to be $3.7 billion [3] Dividend Declaration - On February 17, the company declared a quarterly cash dividend of 30 cents per share, payable on March 26, 2026 [4] Future Outlook - The company projects FY2026 adjusted EPS between $2.90 and $3.20, which is below the analyst estimate of $3.29 [5] - FY2026 GAAP EPS is expected to be in the range of $2.35 to $2.65, also below the analyst estimate of $3.01 [5] - LKQ Corporation shares were trading higher by 0.44% at $33.37 at the time of publication [5]

Core Viewpoint - Genuine Parts Company (NYSE: GPC) has announced plans to separate its automotive and industrial businesses into two distinct public companies, aiming to enhance their market positions and operational efficiencies [1]. Group 1: Company Developments - The announcement follows the release of the company's Q4 financial results, indicating a strategic shift to focus on core competencies within each sector [1]. - The separation is expected to create two industry-leading companies, potentially unlocking value for shareholders and improving management focus [1]. Group 2: Market Implications - This strategic move may attract interest from investors looking for specialized companies in the automotive and industrial sectors, as each entity will be better positioned to capitalize on market opportunities [1].

FEBRUARY 19, 2026 Fourth Quarter and Full Year 2025 Earnings Call Presentation Forward Looking Statements and Non-GAAP Financial Measures Statements and information in this presentation that are not historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are made pursuant to the "safe harbor" provisions of such Act. Forward-looking statements include, but are not limited to, statements regarding our outlook, expectations, beliefs, hopes, inten ...