APTVAptiv

Aptiv Reports Third Quarter 2026 Financial Results Record third quarter revenues
reflect strong growth in non-automotive SCHAFFHAUSEN - Aptiv PLC (NYSE: APTV), a
global industrial technology company, today reported financial results for the
third quarter of 2026. Third Quarter Financial Highlights Include: • U.S. GAAP
revenue of $3.2 billion, an increase of 2% ◦ Adjusted revenue growth of 2% •
U.S. GAAP net income from continuing operations of $194 million • Adjusted
EBITDA of $567 million • U.S. GAAP diluted earnings per share from continuing
operations of $0.94 ◦ Adjusted net income per share of $1.42 Year-to-Date
Financial Highlights Include: • U.S. GAAP revenue of $9.5 billion, an increase
of 2% ◦ Adjusted revenue growth of 1% • U.S. GAAP net income from continuing
operations of $621 million • Adjusted EBITDA of $1,729 million • U.S. GAAP
diluted earnings per share from continuing operations of $2.95 ◦ Adjusted net
income per share of $4.26 “During the third quarter, we delivered solid
financial results and continued to execute against our strategic priorities,”
said Kevin Clark, chair and chief executive officer. “Our differentiated
portfolio, backed by a resilient supply chain, continues to deliver performance
and cost benefits for customers in a changing macro environment. Strong non-
automotive revenue and bookings growth reflects the applicability of our
products and capabilities across new and existing end markets. Through
operational execution and disciplined capital allocation, we remain focused on
investing in long-term growth and delivering on our commitment to prioritize
returning capital to shareholders.” Third Quarter 2026 Results For the three
months ended September 30, 2026, the Company reported U.S. GAAP revenue of $3.2
billion, an increase of 2% from the prior year period. Adjusted for currency
exchange, commodity movements and the EDS spin-off in prior periods, revenue
increased by 2% in the third quarter. This reflects growth of 5% in North
America, Exhibit 99.1

5% in Asia Pacific, which includes growth of 1% in China, and 3% in South
America, our smallest region, partially offset by declines of 5% in EMEA. The
Company reported third quarter 2026 U.S. GAAP net income from continuing
operations of $194 million, net income margin from continuing operations of 6.1%
and earnings from continuing operations of $0.94 per diluted share, compared to
U.S. GAAP net loss from continuing operations of $488 million, net loss margin
from continuing operations of 15.6% and loss from continuing operations of $2.24
per diluted share, which includes the impacts of a non-cash goodwill impairment
charge of $648 million in the prior year period. Third quarter Adjusted Net
Income totaled $292 million, or earnings of $1.42 per diluted share, compared to
$321 million, or $1.48 per diluted share, in the prior year period. Adjusted
amounts in periods prior to the EDS spin-off are presented on a pro forma basis
for the impacts of the spin-off. The Company reported third quarter Adjusted
EBITDA of $567 million, compared to $598 million in the prior year period.
Adjusted EBITDA margin was 17.7%, compared to 19.1% in the prior year period.
Depreciation and amortization expense totaled $247 million, which includes non-
cash intangible asset impairment charges of $56 million, compared to $193
million in the prior year period. Interest expense for the third quarter totaled
$59 million, compared to $88 million in the prior year period. Tax expense in
the third quarter of 2026 was $36 million, compared to $59 million in the prior
year period. Net cash flow provided by operating activities from continuing
operations totaled $320 million in the third quarter, with Free Cash Flow of
$194 million. Year-to-Date 2026 Results For the nine months ended September 30,
2026, the Company reported U.S. GAAP revenue of $9.5 billion, an increase of 2%
from the prior year period. Adjusted for currency exchange and commodity
movements and the EDS spin-off in prior periods, revenue increased by 1% during
the period. This reflects growth of 8% in North America and 2% in Asia Pacific,
which includes a decline of 2% in China, partially offset by declines of 6% in
EMEA and 1% in South America, our smallest region. The Company reported 2026
year-to-date U.S. GAAP net income from continuing operations of $621 million,
net income margin from continuing operations of 6.5% and earnings from
continuing operations of $2.95 per diluted share, compared to U.S. GAAP net loss
from continuing operations of $363 million, net loss margin from continuing
operations of 3.9% and loss from continuing operations of $1.64 per diluted
share, which includes the impacts of a non-cash goodwill impairment charge of
$648 million in the prior year period. Year-to-date Adjusted Net Income totaled
$897 million, or earnings of $4.26 per diluted share, compared to $940 million,
or $4.24 per diluted share, in the prior year period. Adjusted amounts in
periods prior to the EDS spin-off are presented on a pro forma basis for the
impacts of the spin-off. For the 2026 year-to-date period, The Company reported
Adjusted EBITDA of $1,729 million, compared to $1,754 million in the prior year
period. Adjusted EBITDA margin was 18.1%, compared to 18.8% in the prior year
period. Depreciation and amortization expense totaled $631 million, which
includes non-cash intangible asset impairment charges of $56 million, compared
to $572 million in the prior year period. Interest expense for the year- to-date
period totaled $205 million, compared to $273 million in the prior year period.
2

Tax expense in the nine months ended September 30, 2026 was $130 million. Tax
expense in the nine months ended September 30, 2025 was $401 million, which
primarily reflects an increase to valuation allowances of approximately $300
million on deferred tax assets impacted by the OECD Administrative Guidance
issued in the first quarter of 2025. Reconciliations of Adjusted Revenue Growth,
Adjusted EBITDA, Adjusted Net Income, Adjusted Net Income Per Share and Free
Cash Flow, which are non-GAAP measures, to the most directly comparable
financial measures, respectively, calculated and presented in accordance with
accounting principles generally accepted in the United States (“GAAP”) are
provided in the attached supplemental schedules. Share Repurchases The Company
repurchased and retired 4.7 million shares for $233 million in the third quarter
of 2026, bringing the year-to-date total to $558 million. As of September 30,
2026, $1.6 billion remained available for future share repurchases under the
Company’s existing authorization. Q4 and Full Year 2026 Outlook The Company’s
fourth quarter and full year 2026 financial guidance is as follows. The full
year 2026 reflects Aptiv without the EDS business on a pro forma basis. Refer to
the reconciliations in the attached supplemental schedules at the end of this
press release for reconciliations of non-GAAP metrics to those presented in
accordance with GAAP. (in millions, except per share amounts) Q4 2026 New Aptiv
Full Year 2026 Net sales $3,110 - $3,210 $12,650 - $12,750 U.S. GAAP net income
from continuing operations $197 - $237 $825 - $865 U.S. GAAP net income from
continuing operations margin 6.9% 6.7% Adjusted EBITDA $582 - $642 $2,310 -
$2,370 Adjusted EBITDA margin 19.4% 18.4% U.S. GAAP diluted net income per share
from continuing operations $0.95 - $1.15 $3.95 - $4.15 Adjusted net income per
share $1.35 - $1.55 $5.60 - $5.80 Cash flow from continuing operations $1,154 -
$1,204 Free cash flow $625 - $675 U.S. GAAP effective tax rate ~17% Adjusted
effective tax rate ~18% Conference Call and Webcast The Company will host a
conference call to discuss these results at 8:00 a.m. (ET) today, which is
accessible by dialing +1.800.330.6710 (U.S.) or +1.213.279.1505 (international)
or through a webcast at ir.aptiv.com. The conference ID number is 2198543. A
slide presentation will accompany the prepared remarks and has been posted on
the investor relations section of the Company’s website. A replay will be
available two hours following the conference call. 3

Use of Non-GAAP Financial Information This press release contains information
about Aptiv’s financial results which are not presented in accordance with GAAP.
Specifically, Adjusted Revenue Growth, Adjusted EBITDA, Adjusted Net Income,
Adjusted Net Income Per Share and Free Cash Flow are non-GAAP financial
measures. These Non-GAAP metrics are adjusted for the spin-off of the Company’s
Electrical Distribution Systems (“EDS”) segment in prior periods, and represent
the financial results of Aptiv’s remaining segments (“New Aptiv”), with the EDS
segment not included. These Non-GAAP metrics do not include general corporate
overhead expenses that were previously allocated to the EDS segment in periods
prior to the spin-off, but which are included in income from continuing
operations as presented in accordance with U.S. GAAP. Management has implemented
plans to substantially eliminate these costs following the spin-off, and
therefore believes it appropriate to provide this presentation for improved
comparability between periods in order to reflect Aptiv's results without those
costs. Adjusted Revenue Growth represents the year-over-year change in reported
net sales relative to the comparable period, excluding the impact on net sales
from currency exchange, commodity movements, acquisitions, divestitures and
other transactions, adjusted for the impacts of the EDS spin-off in periods
prior to the spin-off. Adjusted EBITDA represents net income (loss) before
depreciation and amortization (including asset impairments), interest expense,
income tax (expense) benefit, other income (expense), net, equity income (loss),
net of tax, income (loss) from discontinued operations, restructuring,
separation costs related to the spin-off of the EDS business, other acquisition
and portfolio project costs (which includes costs incurred to integrate acquired
businesses and to plan and execute product portfolio transformation actions,
including business and product acquisitions and divestitures), goodwill and
other asset impairments, compensation expense related to acquisitions and gains
(losses) on business divestitures and other transactions, adjusted to reflect
the impacts of the EDS spin- off. Adjusted EBITDA margin is defined as Adjusted
EBITDA as a percentage of net sales. Adjusted Net Income represents net income
(loss) attributable to Aptiv before income (loss) from discontinued operations,
amortization, restructuring and other special items, adjusted to reflect the
impacts of the EDS spin-off and associated debt repayments in prior periods,
including the tax impact thereon. Adjusted Net Income Per Share represents
Adjusted Net Income divided by the Weighted Average Number of Diluted Shares
Outstanding for the period. Free Cash Flow represents cash provided by (used in)
operating activities from continuing operations less capital expenditures, as
adjusted to reflect the impacts of the EDS spin-off and associated debt
repayments in prior periods. Management believes the non-GAAP financial measures
used in this press release are useful to both management and investors in their
analysis of the Company’s financial position, results of operations and
liquidity. In particular, management believes Adjusted Revenue Growth, Adjusted
EBITDA, Adjusted Net Income, Adjusted Net Income Per Share and Free Cash Flow
are useful measures in assessing the Company’s ongoing financial performance
that, when reconciled to the corresponding GAAP measure, provide improved
comparability between periods through the exclusion of certain items that
management believes are not indicative of the Company’s core operating
performance and that may obscure underlying business results and trends,
including the impacts of the EDS spin-off. Management also uses these non-GAAP
financial measures for internal planning and forecasting purposes. 4

Such non-GAAP financial measures are reconciled to the most directly comparable
GAAP financial measures in the attached supplemental schedules at the end of
this press release. Non-GAAP measures should not be considered in isolation or
as a substitute for our reported results prepared in accordance with GAAP and,
as calculated, may not be comparable to other similarly titled measures of other
companies. About Aptiv Aptiv is a global industrial technology leader delivering
advanced solutions people trust when it matters most across automotive,
commercial vehicle, aerospace and defense, telecom and datacom, and other
diversified industrial end markets. Our differentiated portfolio enables devices
and systems to sense, think, act, and continuously optimize performance.
Building on decades of innovation, Aptiv brings global scale and a resilient,
localized value chain to customers across the globe. Learn more at aptiv.com.
Forward-Looking Statements This press release, 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 may cause the actual
results of the Company to be materially different from any future results. All
statements that address future operating, financial or business performance or
the Company’s strategies or expectations are forward-looking statements. Factors
that could cause actual results to differ materially from these forward-looking
statements are discussed under the captions “Risk Factors” and “Management’s
Discussion and Analysis of Financial Condition and Results of Operations” in the
Company’s filings with the Securities and Exchange Commission. New risks and
uncertainties arise from time to time, and it is impossible for us to predict
these events or how they may affect the Company. It should be remembered that
the price of the ordinary shares and any income from them can go down as well as
up. The Company disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events and/or otherwise, except as may be required by law. # # # 5

APTIV PLC CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended
September 30, Nine Months Ended September 30, 2026 2025 2026 2025 (in millions,
except per share amounts) Net sales $ 3,199 $ 3,127 $ 9,505 $ 9,313 Operating
expenses: Cost of sales 2,509 2,408 7,370 7,192 Selling, general and
administrative 294 333 954 969 Amortization 107 52 211 155 Restructuring 8 39 48
88 Goodwill impairment — 648 — 648 Total operating expenses 2,918 3,480 8,583
9,052 Operating income (loss) 281 (353) 922 261 Interest expense (59) (88) (205)
(273) Other income, net 5 21 60 40 Net gain on equity method transactions 19 —
22 46 Income (loss) from continuing operations before income taxes and equity
loss 246 (420) 799 74 Income tax expense (36) (59) (130) (401) Income (loss)
from continuing operations before equity loss 210 (479) 669 (327) Equity loss,
net of tax (16) (9) (50) (38) Income (loss) from continuing operations 194 (488)
619 (365) Income from discontinued operations, net of tax — 136 13 399 Net
income (loss) 194 (352) 632 34 Net income attributable to noncontrolling
interest — 3 3 9 Net loss attributable to redeemable noncontrolling interest — —
(2) (2) Net income (loss) attributable to Aptiv $ 194 $ (355) $ 631 $ 27 Amounts
attributable to Aptiv: Income (loss) from continuing operations $ 194 $ (488) $
621 $ (363) Income from discontinued operations — 133 10 390 Net income (loss) $
194 $ (355) $ 631 $ 27 Diluted net income (loss) per share: Continuing
operations $ 0.94 $ (2.24) $ 2.95 $ (1.64) Discontinued operations — 0.61 0.05
1.76 Diluted net income (loss) per share attributable to Aptiv $ 0.94 $ (1.63) $
3.00 $ 0.12 Weighted average number of diluted shares outstanding 206.29 217.41
210.43 221.72 6

APTIV PLC CONDENSED CONSOLIDATED BALANCE SHEETS September 30, 2026 December 31,
2025(Unaudited) (in millions) ASSETS Current assets: Cash and cash equivalents $
670 $ 1,575 Restricted cash 8 3 Accounts receivable, net 2,509 1,910 Inventories
2,202 1,789 Other current assets 703 627 Current assets of discontinued
operations — 2,841 Total current assets 6,092 8,745 Long-term assets: Property,
net 2,798 2,872 Operating lease right-of-use assets 299 331 Investments in
affiliates 1,269 1,288 Intangible assets, net 1,777 1,997 Goodwill 3,972 4,008
Other long-term assets 1,895 1,816 Long-term assets of discontinued operations —
2,356 Total long-term assets 12,010 14,668 Total assets $ 18,102 $ 23,413
LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND SHAREHOLDERS’ EQUITY Current
liabilities: Short-term debt $ 24 $ 23 Accounts payable 1,978 1,623 Accrued
liabilities 1,085 1,191 Current liabilities of discontinued operations — 2,200
Total current liabilities 3,087 5,037 Long-term liabilities: Long-term debt
5,332 7,467 Pension benefit obligations 213 212 Long-term operating lease
liabilities 249 270 Other long-term liabilities 433 479 Long-term liabilities of
discontinued operations — 449 Total long-term liabilities 6,227 8,877 Total
liabilities 9,314 13,914 Commitments and contingencies Redeemable noncontrolling
interest — 102 Total Aptiv shareholders’ equity 8,788 9,207 Noncontrolling
interest — 190 Total shareholders’ equity 8,788 9,397 Total liabilities,
redeemable noncontrolling interest and shareholders’ equity $ 18,102 $ 23,413 7

APTIV PLC CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Nine
Months Ended September 30, 2026 2025 (in millions) Cash flows from operating
activities: Net income $ 632 $ 34 Income from discontinued operations, net of
tax 13 399 Income (loss) from continuing operations 619 (365) Adjustments to
reconcile net income to net cash provided by operating activities: Depreciation
and amortization 631 572 Restructuring expense, net of cash paid (26) 4 Deferred
income taxes (25) 357 Loss from equity method investments, net of dividends
received 50 38 Gain on extinguishment of debt (39) — Goodwill impairment — 648
Net gain on equity method transactions (22) (46) Other, net 108 117 Changes in
operating assets and liabilities: Accounts receivable, net (386) (214)
Inventories (393) (191) Accounts payable 194 194 Other, net (299) (255) Pension
contributions (10) (6) Net cash provided by operating activities from continuing
operations 402 853 Net cash (used in) provided by operating activities from
discontinued operations (133) 514 Net cash provided by operating activities 269
1,367 Cash flows from investing activities: Capital expenditures (404) (366)
Proceeds from sale of property 1 2 Proceeds from asset sale — 4 Cost of business
acquisitions and other transactions, net of cash acquired (25) — Proceeds from
sale of technology investments — 12 Cost of technology investments — (42)
Proceeds from the sale of equity method investments — 164 Acquisition of
redeemable noncontrolling interest (67) — Settlement of derivatives (3) 4 Net
cash used in investing activities from continuing operations (498) (222) Net
cash used in investing activities from discontinued operations (66) (123) Net
cash used in investing activities (564) (345) Cash flows from financing
activities: Decrease in other short and long-term debt, net (5) (577) Repayment
of senior notes (2,054) (144) Fees related to modification of debt agreements —
(5) Dividend received from spin-off of Versigent 1,893 — Cash transferred to
Versigent related to spin-off (282) — Repurchase of ordinary shares (558) (96)
Taxes withheld and paid on employees’ restricted share awards (33) (21) Net cash
used in financing activities from continuing operations (1,039) (843) Net cash
provided by (used in) financing activities from discontinued operations 150
(142) Net cash used in financing activities (889) (985) Effect of exchange rate
fluctuations on cash, cash equivalents and restricted cash 8 32 (Decrease)
increase in cash, cash equivalents and restricted cash (1,176) 69 Cash, cash
equivalents and restricted cash at beginning of the period 1,854 1,574 Cash,
cash equivalents and restricted cash at end of the period $ 678 $ 1,643 Cash,
cash equivalents and restricted cash of discontinued operations $ — $ 234 Cash,
cash equivalents and restricted cash of continuing operations $ 678 $ 1,409 8

APTIV PLC FOOTNOTES (Unaudited) 1. Segment Summary Three Months Ended September
30, Nine Months Ended September 30, 2026 2025 % 2026 2025 % (in millions) (in
millions) Reported Net Sales Engineered Components $ 1,835 $ 1,710 7% $ 5,257 $
5,008 5% Intelligent Systems 1,402 1,442 (3)% 4,336 4,373 (1)% Eliminations and
Other (a) (38) (25) (88) (68) Reported Net Sales $ 3,199 $ 3,127 $ 9,505 $ 9,313
Adjusted EBITDA Engineered Components $ 387 $ 379 2% $ 1,144 $ 1,100 4%
Intelligent Systems 180 219 (18)% 585 654 (11)% Adjusted EBITDA $ 567 $ 598 $
1,729 $ 1,754 (a) Eliminations and Other includes the elimination of inter-
segment transactions. 2. Weighted Average Number of Diluted Shares Outstanding
The following table illustrates the weighted average shares outstanding used in
calculating basic and diluted net income (loss) per share attributable to Aptiv
for the three and nine months ended September 30, 2026 and 2025: Three Months
Ended September 30, Nine Months Ended September 30, 2026 2025 2026 2025 (in
millions, except per share amounts) Weighted average ordinary shares
outstanding, basic 206.01 217.41 209.88 221.72 Dilutive shares related to RSUs
0.28 — 0.55 — Weighted average ordinary shares outstanding, including dilutive
shares 206.29 217.41 210.43 221.72 Basic net income (loss) per share: Continuing
operations $ 0.94 $ (2.24) $ 2.96 $ (1.64) Discontinued operations — 0.61 0.05
1.76 Basic net income (loss) per share attributable to Aptiv $ 0.94 $ (1.63) $
3.01 $ 0.12 Diluted net income (loss) per share: Continuing operations $ 0.94 $
(2.24) $ 2.95 $ (1.64) Discontinued operations — 0.61 0.05 1.76 Diluted net
income (loss) per share attributable to Aptiv $ 0.94 $ (1.63) $ 3.00 $ 0.12 9

APTIV PLC RECONCILIATION OF NON-GAAP MEASURES (Unaudited) In this press release
the Company has provided information regarding certain non-GAAP financial
measures, including “Adjusted Revenue Growth,” “Adjusted EBITDA,” “Adjusted Net
Income,” “Adjusted Net Income Per Share,” and “Free Cash Flow.” Such non-GAAP
financial measures are reconciled to their closest GAAP financial measure in the
following schedules. Adjusted Revenue Growth: Adjusted Revenue Growth is
presented as a supplemental measure of the Company’s financial performance which
management believes is useful to investors in assessing the Company’s ongoing
financial performance that, when reconciled to the corresponding U.S. GAAP
measure, provides improved comparability between periods through the exclusion
of certain items that management believes are not indicative of the Company’s
core operating performance and which may obscure underlying business results and
trends. Our management utilizes Adjusted Revenue Growth in its financial
decision making process, to evaluate performance of the Company and for internal
reporting, planning and forecasting purposes. Adjusted Revenue Growth is defined
as the year-over-year change in reported net sales relative to the comparable
period, excluding the impact on net sales from currency exchange, commodity
movements, acquisitions, divestitures and other transactions, adjusted for the
EDS spin-off. The impact from currency exchange reflects the percentage change
in revenue attributable to changes in foreign currency exchange rates in the
current period as compared to the prior period, which is calculated by applying
the prior period foreign currency exchange rates to current period net sales.
The impact from commodity movements is calculated as the difference in the
amount of net sales in the current period compared to the prior period that is
attributable to escalation clauses in our contracts with our customers for
recovery of increased commodity costs. The impact of acquisitions and
divestitures, as applicable, is calculated as the percentage increase in net
sales in the current period compared to the prior period for sales generated by
a business acquired during or subsequent to the prior period, and the percentage
decrease in net sales in the current period compared to the prior period for
sales generated by a business that was divested during or subsequent to the
prior period. Not all companies use identical calculations of Adjusted Revenue
Growth, therefore this presentation may not be comparable to other similarly
titled measures of other companies. Three Months Ended September 30, 2026
Reported net sales % change 2 % Less: impact of foreign currency exchange — %
Less: impact of commodities — % Less: acquisitions and divestitures, net — %
Adjusted revenue growth 2 % Nine Months Ended September 30, 2026 Reported net
sales % change 2 % Less: impact of foreign currency exchange 1 % Less: impact of
commodities — % Less: acquisitions and divestitures, net — % Adjusted revenue
growth 1 % The impact of the EDS spin-off included within the adjustment for
acquisitions and divestitures, net, is calculated based on the following. 10

Three Months Ended Nine Months Ended March 31, June 30, September 30, September
30, 2026 2026 2026 2026 (in millions) Reported net sales $ 3,032 $ 3,274 $ 3,199
$ 9,505 Adjustment for EDS spin-off (a) 36 — — 36 Net sales as adjusted for EDS
spin-off $ 3,068 $ 3,274 $ 3,199 $ 9,541 Three Months Ended Year Ended March 31,
June 30, September 30, December 31, December 31, 2025 2025 2025 2025 2025 (in
millions) Reported net sales $ 2,987 $ 3,199 $ 3,127 $ 3,084 $ 12,397 Adjustment
for EDS spin-off (a) (3) 8 7 (43) (31) Net sales as adjusted for EDS spin-off $
2,984 $ 3,207 $ 3,134 $ 3,041 $ 12,366 (a) Adjustment for timing differences in
the recognition of sales from New Aptiv businesses to the historical EDS segment
between U.S. GAAP continuing operations presentation and when the sales would
have been recognized if EDS had been a third party in the historical period. The
Company has included this adjustment for improved comparability between periods.
11

Adjusted EBITDA: Adjusted EBITDA is presented as a supplemental measure of the
Company’s financial performance which management believes is useful to investors
in assessing the Company’s ongoing financial performance that, when reconciled
to the corresponding U.S. GAAP measure, provides improved comparability between
periods through the exclusion of certain items that management believes are not
indicative of the Company’s core operating performance and which may obscure
underlying business results and trends. Our management utilizes Adjusted EBITDA
in its financial decision making process, to evaluate performance of the Company
and for internal reporting, planning and forecasting purposes. Adjusted EBITDA
is defined as net income (loss) before depreciation and amortization (including
asset impairments), interest expense, income tax (expense) benefit, other income
(expense), net, equity income (loss), net of tax, income (loss) from
discontinued operations, restructuring and other special items, adjusted to
reflect the impacts of the EDS spin-off. Adjusted EBITDA does not include
general corporate overhead expenses that were allocated to the EDS segment in
prior periods, but which are included in income from continuing operations as
presented in accordance with U.S. GAAP. EBITDA margin represents EBITDA as a
percentage of net sales, and Adjusted EBITDA margin represents Adjusted EBITDA
as a percentage of net sales as adjusted for the EDS spin-off. Adjusted EBITDA
Three Months Ended September 30, Nine Months Ended September 30, 2026 2025 2026
2025 (in millions) $ Margin $ Margin $ Margin $ Margin Net income (loss)
attributable to Aptiv $ 194 6.1 % $ (355) (11.4) % $ 631 6.6 % $ 27 0.3 % Income
from discontinued operations, net of tax — 133 10 390 Income (loss) from
continuing operations $ 194 6.1 % $ (488) (15.6) % $ 621 6.5 % $ (363) (3.9) %
Interest expense 59 88 205 273 Income tax expense 36 59 130 401 Net loss
attributable to redeemable noncontrolling interest — — (2) (2) Depreciation and
amortization (a) 247 193 631 572 EBITDA 536 16.8 % (148) (4.7) % 1,585 16.7 %
881 9.5 % Other income, net (5) (21) (60) (40) Net gain on equity method
transactions (19) — (22) (46) Equity loss, net of tax 16 9 50 38 Restructuring 8
39 48 88 Separation costs 10 2 33 3 Other acquisition and portfolio project
costs 6 12 21 24 Goodwill impairment — 648 — 648 Operating lease asset
impairment 14 — 14 — Compensation expense related to acquisitions 1 4 4 13 Gain
on asset sale — — — (5) EDS spin-off (b) — 53 56 150 Adjusted EBITDA $ 567 17.7
% $ 598 19.1 % $ 1,729 18.1 % $ 1,754 18.8 % (a) Includes fixed asset and
intangible asset impairments. (b) Represents costs that were allocated to and
reported within the EDS segment in historical periods that are not included in
income from discontinued operations, net of tax. 12

Segment Adjusted EBITDA (in millions) Three Months Ended September 30, 2026
Engineered Components Intelligent Systems Total Operating income $ 194 $ 87 $
281 Restructuring 5 3 8 Separation costs 6 4 10 Other acquisition and portfolio
project costs 5 1 6 Compensation expense related to acquisitions — 1 1 Operating
lease asset impairment 8 6 14 Depreciation and amortization (a) 169 78 247
Adjusted EBITDA $ 387 $ 180 $ 567 Three Months Ended September 30, 2025
Engineered Components Intelligent Systems Total Operating income (loss) $ 228 $
(581) $ (353) Restructuring 2 37 39 Separation costs 1 1 2 Other acquisition and
portfolio project costs 6 6 12 Goodwill impairment — 648 648 Compensation
expense related to acquisitions — 4 4 Depreciation and amortization (a) 114 79
193 EDS spin-off (b) 28 25 53 Adjusted EBITDA $ 379 $ 219 $ 598 Nine Months
Ended September 30, 2026 Engineered Components Intelligent Systems Total
Operating income $ 662 $ 260 $ 922 Restructuring 17 31 48 Separation costs 19 14
33 Other acquisition and portfolio project costs 12 9 21 Compensation expense
related to acquisitions — 4 4 Operating lease impairment 8 6 14 Depreciation and
amortization (a) 398 233 631 EDS spin-off (b) 28 28 56 Adjusted EBITDA $ 1,144 $
585 $ 1,729 Nine Months Ended September 30, 2025 Engineered Components
Intelligent Systems Total Operating income (loss) $ 631 $ (370) $ 261
Restructuring 35 53 88 Separation costs 2 1 3 Other acquisition and portfolio
project costs 10 14 24 Goodwill impairment — 648 648 Compensation expense
related to acquisitions — 13 13 Gain on business divestitures and other
transactions — (5) (5) Depreciation and amortization (a) 343 229 572 EDS spin-
off (b) 79 71 150 Adjusted EBITDA $ 1,100 $ 654 $ 1,754 (a) Includes fixed asset
and intangible asset impairments. (b) Represents costs that were allocated to
and reported within the EDS segment in historical periods that are not included
in income from discontinued operations, net of tax. 13

Adjusted Net Income and Adjusted Net Income Per Share: Adjusted Net Income and
Adjusted Net Income Per Share, which are non-GAAP measures, are presented as
supplemental measures of the Company’s financial performance which management
believes are useful to investors in assessing the Company’s ongoing financial
performance that, when reconciled to the corresponding U.S. GAAP measure,
provide improved comparability between periods through the exclusion of certain
items that management believes are not indicative of the Company’s core
operating performance and which may obscure underlying business results and
trends. Management utilizes Adjusted Net Income and Adjusted Net Income Per
Share in its financial decision making process, to evaluate performance of the
Company and for internal reporting, planning and forecasting purposes. Adjusted
Net Income is defined as net income (loss) attributable to Aptiv before income
(loss) from discontinued operations, amortization, restructuring and other
special items, adjusted to reflect the impacts of the EDS spin-off and
associated debt repayments in prior periods, including the tax impact thereon.
Adjusted Net Income does not include general corporate overhead expenses that
were allocated to the EDS segment in prior periods, but which are included in
income from continuing operations as presented in accordance with U.S. GAAP.
Adjusted Net Income Per Share is defined as Adjusted Net Income divided by the
Weighted Average Number of Diluted Shares Outstanding for the period. Not all
companies use identical calculations of Adjusted Net Income and Adjusted Net
Income Per Share, therefore this presentation may not be comparable to other
similarly titled measures of other companies. Three Months Ended September 30,
Nine Months Ended September 30, 2026 2025 2026 2025 (in millions, except per
share amounts) Net income (loss) attributable to Aptiv $ 194 $ (355) $ 631 $ 27
Income from discontinued operations, net of tax — 133 10 390 Income (loss) from
continuing operations $ 194 $ (488) $ 621 $ (363) Adjusting items: Amortization
107 52 211 155 Restructuring 8 39 48 88 Separation costs 10 2 33 3 Other
acquisition and portfolio project costs 6 12 21 24 Asset impairments 14 — 17 6
Goodwill impairment — 648 — 648 Compensation expense related to acquisitions 1 4
4 13 Gain on asset sale — — — (5) Gain on extinguishment of debt — (3) (39) —
Gain on change in fair value of publicly traded equity securities — (1) — (2)
Net gain on equity method transactions (19) — (22) (46) Tax impact of
intercompany transfers of intellectual property and other related transactions
(a) — — — 294 Interest expense reduction (b) — 28 24 93 EDS spin-off (c) — 53 56
150 Tax impact of adjusting items (d) (29) (25) (77) (118) Adjusted net income
attributable to Aptiv $ 292 $ 321 $ 897 $ 940 Weighted average number of diluted
shares outstanding 206.29 217.41 210.43 221.72 Diluted net income (loss) per
share attributable to Aptiv $ 0.94 $ (2.24) $ 2.95 $ (1.64) Adjusted net income
per share $ 1.42 $ 1.48 $ 4.26 $ 4.24 14

(a) As a result of the Pillar Two OECD Administrative Guidance released in the
first quarter of 2025, the Company no longer expects to obtain significant
benefits from the tax incentive granted to its Swiss subsidiary in 2023.
Accordingly, the Company recognized an increase to valuation allowances of $294
million to reduce the related deferred tax asset during the three months ended
March 31, 2025. (b) In connection with the spin-off of EDS, the Company repaid
approximately $2.1 billion in principal amount of debt in 2026. Reflects the
reduction in interest expense in prior periods as if the debt repayment had
occurred as of the first day of the respective period. (c) Represents costs that
were allocated to and reported within the EDS segment in historical periods that
are not included in income from discontinued operations, net of tax. (d)
Represents the income tax impacts of the adjustments made for amortization,
restructuring and other special items by calculating the income tax impact of
these items using the appropriate tax rate for the jurisdiction where the
charges were incurred. 15

Free Cash Flow: Free Cash Flow is presented as a supplemental measure of the
Company’s liquidity, which is consistent with the basis and manner in which
management presents financial information for the purpose of making internal
operating decisions, evaluating its liquidity and determining appropriate
capital allocation strategies. Management believes this measure is useful to
investors to understand how the Company’s core operating activities generate and
use cash. Free Cash Flow is defined as cash provided by (used in) operating
activities from continuing operations less capital expenditures, adjusted to
reflect the impacts of the EDS spin-off and associated debt repayments in prior
periods. Not all companies use identical calculations of Free Cash Flow,
therefore this presentation may not be comparable to other similarly titled
measures of other companies. The calculation of Free Cash Flow does not reflect
cash used to service debt, pay dividends or repurchase shares, and therefore,
does not necessarily reflect funds available for investment or other
discretionary uses. Three Months Ended Nine Months Ended March 31, June 30,
September 30, September 30, 2026 2026 2026 2026 (in millions) Net cash (used in)
provided by operating activities from continuing operations $ (55) $ 137 $ 320 $
402 Capital expenditures (153) (125) (126) (404) Success fees paid related to
spin-off — (45) — (45) Cash interest reduction (a) 46 — — 46 EDS spin-off (b) 45
— — 45 Free cash flow $ (117) $ (33) $ 194 $ 44 (a) In connection with the spin-
off of EDS, the Company repaid approximately $2.1 billion in principal amount of
debt in 2026. Reflects the reduction in cash interest paid in prior periods as
if the debt repayment had occurred as of the first day of the respective period.
(b) Represents cash outflows associated with costs previously allocated to and
reported within the EDS segment in historical periods that are not included in
Net cash (used in) provided by operating activities from discontinued
operations. 16

Financial Guidance: The reconciliation of the forward-looking non-GAAP financial
measures provided in the Company’s financial guidance to the most comparable
forward-looking GAAP measure for the fourth quarter and full year 2026 is as
follows. This reflects Aptiv without the EDS business, which is presented as
discontinued operations. New Aptiv Estimated Q4 Estimated Full Year 2026 (a)
2026 (a) ($ in millions) Adjusted EBITDA $ Margin (b) $ Margin (b) Net income
from continuing operations attributable to Aptiv $ 217 6.9 % $ 845 6.7 %
Interest expense 65 245 Income tax expense 55 205 Net loss attributable to
noncontrolling interest (c) — — Depreciation and amortization 200 830 EBITDA $
537 17.0 % $ 2,125 16.7 % Other income, net — (60) Net gain on equity method
transactions — (25) Equity loss, net of tax 20 75 Restructuring 25 75 Other
acquisition and portfolio project costs, including costs related to the spin-off
of the EDS business 30 80 Operating lease asset impairment — 15 EDS spin-off (d)
— 55 Adjusted EBITDA $ 612 19.4 % $ 2,340 18.4 % (a) Prepared at the estimated
mid-point of the Company’s financial guidance range. (b) Represents net income
attributable to Aptiv, EBITDA and Adjusted EBITDA as a percentage of estimated
net sales. (c) Includes portion attributable to redeemable noncontrolling
interest. (d) Represents costs that were allocated to and reported within the
EDS segment in historical periods that are not included in income from
discontinued operations, net of tax. 17

Estimated Q4 Estimated Full Year 2026 (a) 2026 (a) Adjusted Net Income Per Share
($ and shares in millions, except per share amounts) Net income from continuing
operations attributable to Aptiv $ 217 $ 845 Adjusting items: Amortization 55
265 Restructuring 25 75 Other acquisition and portfolio project costs, including
costs related to the spin-off of the EDS business 30 80 Asset impairments — 20
Net gain on equity method transactions — (25) Gain on extinguishment of debt —
(45) Tax impact of adjusting items (27) (100) Pro forma adjustment for interest
expense reduction (b) — 25 Pro forma adjustment for EDS spin-off (c) — 55
Adjusted net income attributable to Aptiv $ 300 $ 1,195 Weighted average number
of diluted shares outstanding 206.00 209.00 Diluted net income per share
attributable to Aptiv $ 1.05 $ 4.05 Adjusted net income per share $ 1.45 $ 5.70
(a) Prepared at the estimated mid-point of the Company’s financial guidance
range. (b) In connection with the spin-off of EDS, the Company repaid
approximately $2.1 billion in principal amount of debt in 2026. Reflects the
reduction in interest expense in prior periods as if the debt repayment had
occurred as of the first day of the respective period. (c) Represents costs that
were allocated to and reported within the EDS segment in historical periods that
are not included in income from discontinued operations, net of tax. Estimated
Full Year 2026 (a) Free Cash Flow (in millions) Net cash provided by operating
activities from continuing operations $ 1,179 Capital expenditures (575) Success
fees paid related to spin-off (45) Cash interest reduction (b) 46 EDS spin-off
(c) 45 Free cash flow $ 650 (a) Prepared at the estimated mid-point of the
Company’s financial guidance range. (b) In connection with the spin-off of EDS,
the Company repaid approximately $2.1 billion in principal amount of debt in
2026. Reflects the reduction in cash interest paid in prior periods as if the
debt repayment had occurred as of the first day of the respective period. (c)
Represents cash outflows associated with costs previously allocated to and
reported within the EDS segment in historical periods that are not included in
Net cash (used in) provided by operating activities from discontinued
operations. Investor Contact: Betsy Frank +1.929.240.1777 betsy.frank@aptiv.com
18