Dana — Apr 29, 2026 release

EBITDA margin of 9.2%; 400 basis points higher than Q1 2025 Share repurchases § Q1: 4.4 million shares, $125 million; on track for ~$300 million target in 2026 § Program to-date: $775 million; on track for ~$2 billion target through 2030 Achieved $35 million cost savings in first quarter § On track for ~$65 million to be realized in 2026 for a program total of ~$325 million § Expect to substantially offset ~$40 million of stranded costs from the Off-Highway sale in 2026 Strong new business growth of $950 million § ~$200 million in incremental new business awarded in first quarter : Event detailed well-rounded strategy for long-term growth 4 Strong Start to 2026 and Clear Path to Long-Term Profitable Growth © 2026 Dana 2026 Capital Markets Day Traditional Product Growth Aftermarket Growth Applied Technologies Growth 2030 Financial Targets Driving Multiple Expansion Sales Adj. EBITDA Margin Adj. FCF Margin Manufacturing ~$10 Excellence 14%-15% ~6% billion ~33% ~400 bps ~200 bps Structural vs. midpoint of 2026 Guide vs. midpoint of 2026 Guide vs. midpoint of 2026 Guide Cost 5 Reduction Over 300 Participants Representing all Areas of the Financial Community © 2026 Dana New Business Award: Stellantis RAM Dakota Program BREAKING NEW S: NE WLY ~$250M AWARDE D Annual Sales Early 2028 Start of Dana Production Dana Value Proposition § Strong customer relationship § Customer desire for speed to market – leveraged Jeep Gladiator rear axle New § Utilize existing capacity to minimize capital investment Front Drive Unit Vehicle 6 and Rear Axle All New T