Paris,
October 22, 2025 at 7:00 am (CET)




Strong organic revenue growth
of +2.6% in Q3 2025 and +1.9% over the first 9 months of the year

Activity up significantly year-on-year
in North America and Asia

Rapid adaptability to the volatile environment
and ongoing cost saving measures

2025 full-year objectives confirmed

LFL
In € million Q3 2024 Q3 2025 Change
changec)
Economic revenuea) 2,746 2,719 -1.0% +2.6%
Joint ventures 289 356 +23.3% +32.1%
Consolidated revenueb) 2,457 2,362 -3.8% -0.8%


• Q3 2025 economic revenuea) of €2,719 million, +2.6% organic growthc)
year-on-year, and down -1.0% including currency effects. This performance is
mainly driven by the production of exterior parts and fuel systems.

• Strong market momentum in North America and Asia in Q3 2025, confirming
the positive impact of a local footprint and a geographical and customer
diversification strategy.

• Accelerating development in India with new production capacities for Exterior
and C-Power in a country where OPmobility already equips more than one
in three vehicles. The Group aims to more than double its sales by 2030
in this strategic country with high growth potential.

• Solid financial structure supported by the successful €300 million bond issued
in July and due 2031, enabling OPmobility to strengthen its balance sheet
while extending the maturity of its debt.




1
• Improved ESG rating to ‘‘B-”, previously “C+”, awarded by ISS ESG Ratings.
OPmobility is one of the top 10% suppliers1, underlining its strong commitment
to energy transition and sustainable innovation.



Outlook

• Since the beginning of the year, OPmobility has successfully adapted to the
volatile environment, and has published strong first-half results and solid third
quarter 2025 revenue momentum. The Group leverages its local footprint and
operational proximity to customers, while strengthening its strict cost-saving and
investment control measures. The Group will continue these initiatives, as well
as its diversification strategy.

• In this context, OPmobility confirms its outlook for 2025, with the aim of
improving its financial aggregates (operating margind), net result Group share
and free cash flowg)) compared to 2024, while continuing to reduce
its net debth).




1 “Auto Components” category comprising 101 companies.
2
Laurent Favre, Chief Executive Officer of OPmobility, said:

"The Group’s performance for the third quarter illustrates the agility and the
commitment of our teams to our customers in the field, as well as our ability to create
value over time. It results from our strategy of geographical, technological and
customer diversification for all forms of mobility.

In the current environment, we continue to focus on cost-saving measures across all
our businesses, subsidiaries and geographies, notably to continue to improve our
competitiveness.

Based on the current market forecasts, OPmobility confirms all of its objectives for 2025.
The Group also continues to prepare for the future, notably with the grand opening,
in October, of our new headquarters in North America and of a new plant in India.”




3
Revenuea) up +2.6%c) in Q3 2025 and +1.9%c)
over the first 9 months of the year


Figures communicated are presented using the following segment reportingj) format:
- Exterior & Lighting, which includes exterior systems and lighting activities;
- Modules, which comprises module design, development and assembly;
- Powertrain, which brings together C-Power (energy and emission reduction
systems, and batteries and electrification systems) and H2-Power (hydrogen
activity) business groups.



In € million LFL
Q3 2024 Q3 2025 Change
By segmentj) changec)

Exterior & Lighting 1,246 1,253 +0.6% +4.2%
Modules 876 839 -4.3% -1.7%
Powertrain 623 627 +0.6% +5.4%
Economic revenuea) 2,746 2,719 -1.0% +2.6%
Joint ventures 289 356 +23.3% +32.1%
Exterior & Lighting 1,059 1,030 -2.8% +0.3%
Modules 776 706 -9.0% -7.2%
Powertrain 621 626 +0.8% +5.6%
Consolidated
2,457 2,362 -3.8% -0.8%
revenueb)



In € million 9 months 9 months LFL
Change
By segmentj) 2024 2025 changec)

Exterior & Lighting 4,094 4,015 -1.9% -0.2%
Modules 2,600 2,704 +4.0% +5.7%
Powertrain 1,991 1,960 -1.6% +1.1%
Economic revenuea) 8,685 8,679 -0.1% +1.9%
Joint ventures 815 984 +20.8% +27.3%
Exterior & Lighting 3,574 3,419 -4.4% -3.0%
Modules 2,308 2,321 +0.5% +1.4%
Powertrain 1,987 1,955 -1.6% +1.1%
Consolidated
7,870 7,695 -2.2% -0.7%
revenueb)


4
OPmobility economic revenuea) totaled €2,719 million in Q3 2025, up +2.6%c) like-for-
like, compared to Q3 2024, driven by the strong Exterior and C-Power performance.

The joint ventures, mainly YFPO exterior parts manufacturing in China and SHB module
assembly in South Korea, reported strong like-for-like growth of +32.1%c) in Q3 2025,
in keeping with the excellent performance recorded in the first half of the year.

• Exterior & Lighting: economic revenuea) increased by +0.6% (+4.2% LFLc))
in Q3 2025 year-on-year. Exterior continued its growth momentum,
while Lighting reported a sequential improvement in performance compared
to Q1 and Q2 2025.

• Modules: economic revenuea) is down -4.3% (-1.7% LFLc)) in Q3 2025 compared
to Q3 2024. This business group was mainly impacted by a decrease in activity
in Europe, where customer plants closed for longer this summer than last year.
Cumulatively over the first 9 months of 2025, Modules still shows growth
of +5.7%c) compared to the same period in 2024.

• Powertrain: economic revenuea) totaled €627 million, up +0.6% and +5.4% LFLc)
year-on-year. In a context of sustained demand for combustion powertrain and
increased demand for hybrid powertrain, C-Power business group continues to
consolidate its leading position in the production of fuel tanks. At the same
time, OPmobility is accelerating its technological and customer diversification
by developing battery packs and hydrogen solutions for heavy and collective
mobility players.

Consolidated revenueb) totaled €2,362 million in Q3 2025, down slightly year-on-year
excluding currency effects. The currency effect of €75 million for the period mainly
concerns the US dollar.




5
OPmobility posted a solid performance in North America and Asia in Q3 2025

In an increasingly regionalized market impacted by tariffs, global automotive
productionk) grew by +2.7% in Q3 2025. This growth was mainly driven by Asia and
North America, while production volumes are slightly increasing in Europe in an
environment of economic uncertainty.


Performance
In € million Revenuea) Revenuea) LFL Automotive vs.
Change
By region Q3 2024 Q3 2025 change productionk)
c) Automotive
production
Europe 1,333 1,260 -5.4% -5.3% +1.0% -6.3pts
North
818 835 +2.0% +9.0% +5.8% +3.2pts
America
Asia 481 522 +8.7% +15.9% +6.1% +9.8pts
China 243 251 +3.4% +9.7% +9.8% -0.1pts
Rest of
238 272 +14.1% +22.2% +1.1% +21.1pts
Asia
Rest of the
114 101 -11.7% - - -
world2

Total 2,746 2,719 -1.0% +2.6% +4.6% -2.0pts




• In Europe, economic revenuea) totaled €1,260 million, down -5.3% LFLc) compared
to Q3 2024, in an automotive production market slightly increasing in the third
quarter of 2025. OPmobility was impacted by longer plant shutdowns than last
year, in an environment where tariffs affected its customers differently. Finally,
Exterior and, to a lesser extent, Lighting were impacted by the production
shutdown at a European automotive manufacturer in September.

• In North America, economic revenuea) reported strong growth of +9.0% LFLc)
in Q3 2025 year-on-year. North America revenue totaled €835 million and
represented 31% of total Group revenue in Q3 2025. After a second quarter
impacted by several weeks of plant shutdowns in Mexico and Canada at one of
its customers, OPmobility posted Q3 production growth +3.2 points higher than
automotive production in this region. In the United States, the largest contributor to
Group revenue in Q3 2025, OPmobility recorded strong fuel systems manufacturing
performance and benefited from the gradual ramp-up of module assembly
activities for the new model of an American manufacturer in Austin.


2 Africa and South America.
6
• In China, where the Group generates 9% of its sales, economic revenuea) grew
by +9.7% LFLc) in Q3 2025, driven by +9.8% market growth tied to strong demand
for new energy vehicles. C-Power benefited from the booming hybrid vehicle
segment with an increase in fuel tank sales. At the same time, Exterior, which
operates in the country through YFPO, the joint venture with Yanfeng, posted
a strong performance in Q3 2025 and continued its activity for major players
in the Chinese market, including Xiaomi, BYD, Chery, Aito (Seres) and Huawei.

• For the rest of Asia, where OPmobility generates 10% of its sales, economic
revenuea) rose sharply to €272 million in Q3 2025, up +14.1% (+22.2% LFL c)) year-on-
year, outperforming automotive productionk) by +21.1 points. The Group continues
to record sustained growth in South Korea for Modules, as well as in India for Exterior
and in Thailand for C-Power.




7
OPmobility continues its geographical and customer diversification strategy
for all types of mobility




Accelerating development in India with new production capacities

OPmobility confirms its strong ambition in India, the world’s third largest automotive
market, where vehicle output is expected to grow +5.2% on average per year
between 2025 and 2030k). The Group already equips more than one in three vehicles
in the country. To meet growing demand from local and international manufacturers,
the Group strengthened its industrial footprint with the inauguration of a fifth plant
integrating exterior systems and energy storage systems production capacities.
In addition, the Group launched the construction of a sixth plant that will produce
energy storage systems from 2026.

Beyond its production capacities, OPmobility has four R&D centers. Reinforcing its
engineering, digital, and software capacities in the country will enable the Group
to improve its overall competitiveness.

Driven by a booming automotive industry and a skilled workforce, India is a strategic
country for OPmobility. Having developed strong historical partnerships with
international and Indian automotive manufacturers, who benefit from dynamic
domestic and international demand, the Group aims to more than double its sales
in the country by 2030.


Ongoing diversification strategy for collective electric mobility

OPmobility accelerated its diversification into electric collective mobility with the
signature of a long-term partnership with HESS AG, Switzerland’s leading manufacturer
of buses, articulated buses, and trolleybuses, to supply several hundred battery packs
over the next few years.

As part of this collaboration, OPmobility has designed and developed for HESS a line
of modular battery packs that can be adapted to different types of buses and
the specific needs of end customers. The batteries will notably equip a new generation
of trolleybuses and TOSA buses (tram-buses) developed by HESS. The first buses
resulting from this partnership are already on the road. They will carry passengers
in several European cities, notably in France, Switzerland, and Italy.

This partnership illustrates the ramp-up of the battery packs business launched
by the Group in 2022.




8
Outlook



Since the beginning of the year, OPmobility has successfully adapted to the volatile
environment, and has published strong first-half results and solid third quarter 2025
revenue momentum. The Group leverages its local footprint and operational proximity
to customers, while strengthening its strict cost-saving and investment control
measures. The Group will continue these initiatives, as well as its diversification strategy.
In this context, OPmobility confirms its outlook for 2025, with the aim of improving its
financial aggregates (operating margind), net result Group share and free cash flowg))
compared to 2024, while continuing to reduce its net debth).




9
Webcast of the Q3 2025 revenue presentation
OPmobility Q3 2025 revenue will be presented during a webcast conference on
Wednesday, October 22, 2025 at 11:00 AM (CET).

To follow the webcast, please click on the following link:
https://opmobilityen.engagestream.companywebcast.com/2025-10-22-
thirdquarter25



This press release is published in English and French. In the event of any discrepancy
between these versions, the original version written in French shall prevail.

The press release and the slideshow are available at www.opmobility.com


Calendar
• February 25, 2026: 2025 annual results
• April 21, 2026: Q1 2026 revenue
• July 22, 2026: 2026 half-year results
• October 21, 2026: Q3 2026 revenue


*****
About OPmobility

OPmobility is a world leader in sustainable mobility and a technology partner to mobility players
worldwide. Driven by innovation since its creation in 1946, the Group is today composed of four
complementary business groups that enable it to offer its customers a wide range of solutions: exterior
and lighting systems, complex modules, energy storage systems and battery and hydrogen electrification
solutions. OPmobility also offers its customers an activity dedicated to the development of software,
OP’nSoft.

With economic revenue of 11.6 billion euros in 2024 and a global network of 150 plants and 40 R&D
centers, OPmobility relies on its 38,900 employees to meet the challenges of sustainable mobility.

OPmobility is listed on Euronext Paris, compartment A. It is eligible for the Deferred Settlement Service
(SRD) and is included in the SBF 120 and CAC Mid 60 indices (ISIN code: FR0000124570).
www.opmobility.com




PRESS INVESTOR RELATIONS
Contacts Ambroise Ecorcheville Stéphanie Laval
media@opmobility.com investor.relations@opmobility.com




10
Glossary


a) Economic revenue corresponds to consolidated revenue of the Group and the following
joint ventures and associates consolidated at their percentage holding: BPO (50%) and YFPO
(50%) for Exterior & Lighting, EKPO (40%) for Powertrain and SHB (50%) for Modules.
b) Consolidated revenue does not include the Group’s share of revenue from joint ventures,
consolidated using the equity method, in accordance with IFRS 10-11-12.
c) Like-for-Like (LFL): at constant scope and exchange rates
i. The currency effect is calculated by applying the exchange rate of the current
period to the revenue of the previous period. In Q3 2025, it amounted to
€95 million for economic revenue and €75 million for consolidated revenue.
ii. There was no scope effect in Q3 2025.
d) Operating margin includes the Group’s share of income from companies consolidated
using the equity method and amortization of intangible assets acquired, before other
operating income and expense.
e) EBITDA corresponds to operating margin, which includes the Group’s share of income from
associates and joint ventures, before depreciation, amortization, and operating provisions.
f) Investments comprise expenditure on property, plant and equipment and intangible assets,
net of disposals.
g) Free cash flow corresponds to operating cash flow less expenditure on property, plant and
equipment and intangible assets net of disposals, taxes and net interest paid, plus or minus the
change in the working capital requirement (cash surplus from operating activities).
h) Net debt includes all long-term borrowings, short-term loans, and bank overdrafts less loans,
marketable debt instruments and other non-current financial assets, and cash and cash
equivalents.
i) Gearing is the ratio of net debt to total shareholders’ equity.
j) Group segment reporting breaks down as follows:
o Exterior & Lighting, which includes exterior systems and lighting activities;
o Modules, which comprises module design, development and assembly
activities;
o Powertrain, which brings together the C-Power (energy and emission reduction
systems, and batteries and electrification systems) and H 2-Power (hydrogen
activity) business groups.

k) Global or regional automotive production data refer to the S&P Global Mobility forecasts
published in October 2025 (<3.5-ton passenger car segment and commercial light vehicles).




11
Disclaimer
The information contained in this document (the “Information”) has been prepared by OPmobility SE
(the “Company”) solely for informational purposes. The Information is proprietary to the Company. The
contents of this document may not be reproduced, published or distributed to any other person,
directly or indirectly, in whole or in part, for any purpose without the prior written permission of the
Company.
The Information is not intended to and does not constitute an offer or invitation to buy or sell or a
solicitation of an offer to buy or sell any security or instrument in France or another country, or to
participate in any trading strategy. Nor does it constitute an endorsement or advice regarding
investment in any security and is in no way to be interpreted as an offer to provide, or solicitation with
respect to, any securities-related services of the Company. This document contains information
provided in summary form and does not purport to be complete. This communication is neither a
prospectus, product disclosure statement or other offering document for the purposes of Regulation
(EU) 2017/1129 of the European Parliament and of the Council of June 14, 2017, as amended from time
to time and implemented in each member state of the European Economic Area and in accordance
with French laws and regulations.
This document contains forward-looking statements. These forward-looking statements may be
identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans”,
“potential”, “outlook”, or “forecast” or similar terms. These forward-looking statements are based on a
series of assumptions, both general and specific, in particular the application of accounting principles
and methods in accordance with IFRS (International Financial Reporting Standards) as adopted in the
European Union.
These forward-looking statements have been developed from scenarios based on a number of
economic assumptions in the context of a given competitive and regulatory environment. These
forward-looking statements are only valid the day they are made and are subject to various risks and
uncertainties, including matters not yet known to the Company or its management or not currently
considered material, and there can be no assurance that anticipated events will occur or that the
objectives set out will actually be achieved. Important factors that could cause actual results to differ
materially from the results anticipated in the forward-looking statements include, among others, the
global geopolitical environment (including ongoing armed conflicts), overall trends in general
economic activity and in the Company’s markets in particular, regulatory and prudential changes,
and the success of the Company’s strategic, operating and financial initiatives.
Other than as required by applicable law, the Company does not undertake any obligation to update
or revise any forward-looking statements, opinion, projection, forecast or estimate set forth herein.
Investors are advised to take into account factors of uncertainty and risk likely to impact the operations
of the Company when considering the information contained in such forward-looking statements.
These risks also include those developed or detailed in the most up-to-date version of OPmobility’s
Universal Registration Document filed with the French Financial Markets Authority (AMF), which can be
consulted online on the AMF’s website (www.amf-france.org) or on OPmobility’s website
(www.opmobility.com/fr).
Persons receiving this document should not place undue reliance on forward-looking statements. To
the maximum extent permitted by law, neither the Company nor any of its affiliates, directors, officers,
advisors and employees shall bear any liability (in negligence or otherwise) for any direct or indirect
loss or damage which may be suffered by any recipient through use or reliance on anything contained
in or omitted from this document and the related presentation or any other information or material
arising from any use of these documents or their contents or otherwise arising in connection with these
documents.
By receiving this document, you will be deemed to have represented, warranted and undertaken to
have read and understood the above notice and to comply with its contents.




12