Allison Transmission — May 1, 2025 release

The increase was principally driven by UAW contract signing incentives recognized in the first quarter of 2024 that did not reoccur in 2025. 2025 Guidance Update We are reaffirming our full year 2025 guidance provided to the market on February 11. Allison expects 2025 net sales in the range of $3,200 to $3,300 million, Net income in the range of $735 to $785 million, Adjusted EBITDA in the range of $1,170 to $1,230 million, Net cash provided by operating activities in the range of $800 to $860 million, capital expenditures in the range of $165 to $175 million, and Adjusted free cash flow in the range of $635 to $685 million.   2 Conference Call and Webcast The Company will host a conference call at 5:00 p.m. EDT on Thursday, May 1, 2025 to discuss its first quarter 2025 results. The dial-in phone number for the conference call is +1-877-425-9470 and the international dial-in number is +1-201-389-0878. A live webcast of the conference call will also be available online at https://ir.allisontransmission.com. For those unable to participate in the conference call, a replay will be available from 9:00 p.m. EDT on May 1 until 11:59 p.m. EDT on May 15. The replay dial-in phone number is +1-844-512-2921 and the international replay dial-in number is +1-412-317-6671. The replay passcode is 13753171. About Allison Transmission Allison Transmission (NYSE: ALSN) is a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles and the largest global ma