Lear Corporation Investor Presentation — April 2024

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Ray Scott, President and CEO

Jason Cardew, Senior Vice President and CFOFirst Quarter 2024

Financial ResultsApril 30, 2024Lear Proprietary: The information contained herein is the property of Lear Corporation.

Safe Harbor Statement

2Forward -Looking Statements

Thispresentation contains forward -looking statements within themeaning ofthePrivate Securities Litigation Reform Actof1995,including statements regarding

anticipated financial results andliquidity .Thewords “will,” “may,” “designed to,”“outlook,” “believes,” “should,” “anticipates,” “plans,” “expects,” “intends,”

“estimates,” “forecasts” andsimilar expressions identify certain ofthese forward -looking statements .TheCompany alsomayprovide forward -looking statements in

oralstatements orother written materials released tothepublic .Allstatements contained orincorporated inthispresentation orinanyother public statements that

address operating performance, events ordevelopments thattheCompany expects oranticipates mayoccur inthefuture areforward -looking statements .Factors

thatcould cause actual results todiffer materially from these forward -looking statements arediscussed intheCompany’s Annual Report onForm 10-Kfortheyear

ended December 31,2023,anditsother Securities andExchange Commission filings .Future operating results willbebased onvarious factors, including actual

industry production volumes, supply chain disruptions, labor disruptions, commodity prices, changes inforeign exchange rates, theimpact ofrestructuring actions

andtheCompany's success inimplementing itsoperating strategy .

Information inthispresentation relies onassumptions intheCompany’s coresales backlog .TheCompany’s coresales backlog reflects anticipated netsales from

formally awarded newprograms lesslostanddiscontinued programs andexcludes theimpact ofnon-coreproducts winding down inourE-Systems business .The

Company enters intocontracts withitscustomers toprovide production parts generally atthebeginning ofavehicle’s lifecycle.Typically, these contracts donot

provide foraspecified quantity ofproduction, andmany ofthese contracts maybeterminated bytheCompany’s customers atanytime.Therefore, these contracts

donotrepresent firmorders .Further, thecalculation ofthecoresales backlog does notreflect customer price reductions onexisting ornewly awarded programs .

Thecore sales backlog may beimpacted byvarious assumptions embedded inthecalculation, including vehicle production levels onnewprograms, foreign

exchange rates andthetiming ofmajor program launches .

Theforward -looking statements inthispresentation aremade asofthedatehereof, andtheCompany does notassume anyobligation toupdate, amend orclarify