Lear Corporation Investor Presentation — November 2022

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Ray Scott, President and CEO

Jason Cardew, Senior Vice President and CFOThird Quarter 2022

November 1, 2022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 31,2021,itsQuarterly Reports onForm 10-Qforthequarters ended April 2,2022 andJuly2,2022,anditsother Securities andExchange

Commission filings .Future operating results willbebased onvarious factors, including actual industry production volumes, theimpact oftheongoing COVID -19

pandemic andtheUkraine warontheCompany’s business andtheglobal economy, supply chain disruptions, commodity prices, changes inforeign exchange rates,

theimpact ofrestructuring actions andtheCompany's success inimplementing itsoperating strategy .

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

awarded newprograms lesslostanddiscontinued programs .TheCompany enters intocontracts withitscustomers toprovide production parts generally atthe

beginning ofavehicle’s lifecycle.Typically, these contracts donotprovide foraspecified quantity ofproduction, andmany ofthese contracts maybeterminated by

theCompany’s customers atanytime.Therefore, these contracts donotrepresent firmorders .Further, thecalculation ofthesales backlog does notreflect

customer price reductions onexisting ornewly awarded programs .Thesales 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