General Motors Full-Year Report 2023

Highlights

• Consistently meeting or exceeding our financial targets
• Ongoing strength of core auto business paired with GMF results driving robust financial performance
• GMNA revenue and margins, supported by customer demand for our high-quality portfolio, 2023 margin within our target range of 8-10%
• U.S. YoY market share gains while pricing remained strong
• Achieved ~$1B of our fixed cost reduction program, net of ~$0.4B increased D&A
• GM Financial EBT, at the top of the 2023 guidance range
• Auto-adjusted free cash flow generation continues to fund our EV transformation
• Returned approximately $12B to our shareholders through dividends and share repurchases, including the impact of the $10 billion accelerated share repurchase program initiated in Q4