PHINIA — Oct 28, 2025 release

Adjusted free cash flow was $104 million compared to $60 million in Q3 2024, primarily due to higher earnings adjusted for non-cash charges and deferred income and lower prepaid assets. 2025 Full Year Guidance: The Company updated its full year 2025 guidance, incorporating the expected 2025 performance of the SEM business. Net sales is expected to be in the range of $3.39 billion to $3.45 billion. Excluding the impacts of foreign exchange, contract manufacturing arrangements in 2024, and the acquisition in 2025, this implies a year-over-year sales range of 1% decline to flat in 2025. The Company’s net earnings and adjusted EBITDA are projected to be $100 million to $110 million and $465 million to $480 million, respectively, with net earnings margin of 2.9% to 3.2% and adjusted EBITDA margin of 13.6% to 14.0%. The Company expects to generate $175 million to $205 million in adjusted free cash flow. Adjusted tax rate is expected to be in the range of 33% to 37%. The Company will host a conference call to review third quarter 2025 results and take questions from the investment community at 8:30 a.m. ET today. This call will be webcast at PHINIA Q3 2025 Earnings Call . Additional presentation materials will be available at Investors.phinia.com . About PHINIA PHINIA is an independent, market-leading, premium solutions and components provider with over 100 years of manufacturing expertise and industry relationships, with a strong brand portfolio that includes DELPHI®, DELCO REMY® and HARTRIDGE TM . With over 12,500 employees across 49 locations in 21 countries, PHINIA is headqua