Financial Report July – September 2020

Q3 2020: Better than Q3 2019Financial highlights Q3 2020$2,037m net sales0.4% organic sales growth*8.6% operating margin10.1% adjusted operating margin*$1.12 EPS - an increase of $0.14$1.48 adjusted EPS* - an increase of $0.18 Full year 2020 indicationsAround 14.5% net sales declineAround 13% organic sales declineAround 6% adjusted operating margin Key business developments in the third quarter of 2020 · Organic sales* increased by 0.4% which was 4.7pp higher than the change in global light vehicle production. Organically, all major regions developed better than