Dana — Apr 29, 2026 release

Bruce McDonald Byron Foster Timothy Kraus Senior Director, Investor Chairman and Incoming Chief Executive Senior Vice President and Relations and Corporate Officer Chief Financial Officer Chief Executive Officer Communications 3 © 2026 Dana Business Overview First-quarter results in-line with expectations § Adj. 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