Adient reports strong first quarter 2021 financial results

Q1 GAAP net income and EPS diluted of USD 150 million and USD 1.58 respectively; Q1 Adj.-EPS diluted of USD 1.71

•             Q1 Adj.-EBITDA of USD 378 million, up USD 81million y-o-y; Q1 Adj. EBITDA margin of 9.8 %, up 228 bps y-o-y

•             Cash and cash equivalents of USD 1820 million at Dec. 31, 2020; total liquidity at Dec. 31, 2020, was ~USD 2.8 billion

•             Adient issued its 2020 Sustainability Report — highlighting the company’s commitment to operating its business in an environmentally responsible manner

For complete details and to see reconciliations of non-GAAP measures to their most directly comparable GAAP measures, visit the events section of the Adient investor website at www.investors.adient.com/events-and-presentations/events  to download the full press release and earnings presentation.

Adient (NYSE: ADNT) is a global leader in automotive seating.  With approximately 77000 employees in 32 countries, Adient operates 202 manufacturing/assembly plants worldwide. We produce and deliver automotive seating for all major OEMs. From complete seating systems to individual components, our expertise spans every step of the automotive seat-making process. Our integrated, in-house skills allow us to take our products from research and design to engineering and manufacturing — and into more than 19 million vehicles every year.

www.adient.com