Dana — Oct 30, 2024 release

“Targeted cost-savings actions and reduced capital expenditures will position us well for continued profit and cashflow improvements into next year.”   1 Revised 2024 Financial Targets     •   Sales of $10.2 to $10.4 billion;     •   Adjusted EBITDA of $855 to $895 million, an implied adjusted EBITDA margin of approximately 8.5 percent at the midpoint of the range;     •   Operating cash flow of approximately $465 to $485 million; and     •   Free cash flow of $90 to $110 million;     •   Diluted EPS of $0.05 to $0.25;     •   Diluted Adjusted EPS of $0.75 to $0.95. Dana to Host Conference Call at 9 a.m., Wednesday, Oct. 30 Dana will discuss its third-quarter results in a conference call at 9 a.m. EDT on Wednesday, Oct. 30. The conference call can be accessed by telephone from both domestic and international locations using the information provided below: Conference ID: 9943139 Participant Toll-Free Dial-In Number: 1 (888) 440-5873 Participant Toll Dial-In Number: 1 (646) 960-0319 Audio streaming and slides will be available online via a link provided on the Dana investor website: www.dana.com/investors. Phone registration will be available beginning at 8:30 a.m. EDT. A webcast replay can be accessed via Dana’s investor website following the call. Non-GAAP Financial Measures Adjusted EBITDA is a non-GAAP financial measure which we have defined as net income (loss) before interest, income taxes, depreciation, amortization, equity grant expense, restructuring expense, non-service cost components of pension and other postretirement benefit costs and other adjustments not related to our core operations (gain/loss on debt extinguishment, pension settlements, divestitures, impairment, etc.). Adjusted EBITDA is a measure of our abilit