Dana — Oct 29, 2025 release

Bruce McDonald Timothy Kraus Senior Director, Investor Chairman and Senior Vice President and Relations and Corporate Chief Executive Officer Chief Financial Officer Communications Introduction Business Review Financial Review Third-Quarter Highlights Pending sale of Off-Highway business on track Expected to close late in the fourth quarter Capital return proceeding as planned Repurchased ~9.5 million shares in Q3, or ~7% of shares outstanding, returning $189 million to shareholders Expecting 2025 share repurchases of $600 million Anticipating ~$155 million share repurchase throughout Q4 Realized $73 million cost savings in Q3, $183 million to date Cost reduction initiatives on track, program target of $310 million through 2026 Expecting $235 million of cost savings in 2025; $10 million improvement Tariff landscape remains fluid Expecting to recover majority of cost this year Mitigation actions ongoing © Balance-of-the-year outlook 2025 Light-truck demand remains stable, monitoring impact from customer production disruptions Dana Commercial-vehicle demand softening 2025 profit guidance increased 4 Solid Q3 Results, Full-Year Profit Guidance Increased Financial Review DAN LISTED NYSE 2025 Q3 Financial Results Results are presented excluding the Off-Highway Changes from Prior Year business, which is classified as discontinued operations ($ in millions) Sales benefited from pricing, Q3 ‘25 Q3 ‘24 Change recoveries and currency, partially offset by lower volumes Sales $ 1,917 $ 1,897 $ 20 Cost-savings actions and efficiency offsetting margin Adjusted EBITDA 162 111 51 impact of lower sales volume Margin 8.5% 5.9% 260 bps Increase in interest expense driven by higher borrowings EBIT 53 (8) 61 Income tax benefit driven by the release of valuation Interest Expense, Net 44 33 11 allowance and a status change in a foreign jurisdiction Income Tax Benefit (2) (