Dana — Jan 24, 2025 release

Select 2025 Financial Targets (Includes Off-Highway business for the full year)     •   Sales of $9.525 to $10.025 billion;     •   Adjusted EBITDA of $925 to $1,025 million, an implied adjusted EBITDA margin of approximately 10.0 percent at the midpoint of the range; and     •   Free cash flow of $175 to $275 million. “Today we are providing guidance on our sales, adjusted EBITDA, and free cash flow targets for 2025,” said Timothy Kraus, senior vice president and chief financial officer. “While sales are expected to be lower for the year, mainly driven by lower demand for off-highway equipment and translation of foreign currency, the impact of our cost-savings actions totaling $175 million in 2025 and efficiency improvements will drive higher margins. Improved working capital efficiency and reduced capital expenditures will increase free cash flow. Primarily due to the annualized benefit of our cost reduction actions, we expect 2026 adjusted EBITDA margin of between 9.5 to 10.5 percent. Over the business cycle we expect free cash flow to be approximately four percent of sales and maintain one times net leverage.” Dana to Host Conference Call at 9 a.m., Friday, Jan. 24 Dana will discuss its third-quarter results in a conference call at 9 a.m. EST on Friday, Jan. 24. The conference call can be accessed by telephone from both domestic and international locations using the information provided below: Conference ID: 9943139 Par