Lear Corporation Investor Presentation — October 2017

Document content

October 25, 2017Presented by:

Matt Simoncini, President and CEO

Jeff Vanneste, SVP and CFO

Ray Scott, EVP and President, Seating

Frank Orsini, SVP and President, E -SystemsThird Quarter 2017

Earnings CallInvestor Information

2Forward -Looking Statements

This presentation contains forward -looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 , including

statements regarding anticipated financial results and liquidity. The words “will,” “may,” “designed to,” “outlook,” “believe s,”“should,”

“anticipates,” “plans,” “expects,” “intends,” “estimates,” “forecasts” and similar expressions identify certain of these forw ard-looking statements.

The Company also may provide forward -looking statements in oral statements or other written materials released to the public. Al l statements

contained or incorporated in this presentation or in any other public statements that address operating performance, events o r developments

that the Company expects or anticipates may occur in the future are forward -looking statements. Factors that could cause actual results to

differ materially from these forward -looking statements are discussed in the Company’s Annual Report on Form 10 -K for the year e nded

December 31 , 2016 and its other Securities and Exchange Commission filings. Future operating results will be based on various factors,

including actual industry production volumes, commodity prices and the Company’s success in implementing its operating strate gy.

Information in this presentation relies on assumptions in the Company’s sales backlog. The Company’s sales backlog reflects a nticipated net

sales from formally awarded new programs less lost and discontinued programs. The calculation of the sales backlog does not r eflect customer

price reductions on existing or newly awarded programs. The sales backlog may be impacted by various assumptions embedded in the

calculation, including vehicle production levels on new programs, foreign exchange rates and the timing of major program laun ches.

The forward -looking statements in this presentation are made as of the date hereof, and the Company does not assume any obligati on to

update, amend or clarify them to reflect events, new information or circumstances occurring after the date hereof.

Non-GAAP Financial Information

This presentation also contains non -GAAP financial information. For additional information regarding the Company ’s use of non -GAAP financial

information, as well as reconciliations of non -GAAP financial measures to the most directly comparable financial measures calcul ated and