Hella Full-Year Report 2022

Strong sales growth

Group Sales up by 25.1% (including 4.2% FX effect)

Continuous outperformance (11.1% globally), mainly in Asia (China) and NSA with high-volume ramp-ups

High demand for core products and technologies

• Electronics growing 29.0% to €1,732m*
• Lighting growing 28.1% to €2,103m*
• Life Cycle Solutions growing 5.7% to €569m*

Improvement of margin and cash generation

Adjusted EBIT +29.0% at €222m, adj. EBIT margin at 5.0% (vs. 4.9% in 7M FY 21/22)

• improved inflation management
• continuous cost savings and increased efficiency

Significant success on synergy achievements with increased targets for 2025 and higher realization of cost synergies in 2022

Strong cash generation year-end, adj. operating FCF + €318m to €83m. Reported operating FCF incl. factoring (€194m) at €246m