Summary of financial results for 1Q2024

Inter Cars Summary of financial results for 3Q2023

1. Inter Cars
facts& figures
May 2024

2. Thispresentation(the"Presentation")hasbeenpreparedbyInterCarsS.A.withitsseatinWarsaw,Poland(the"Company).Thispresentationshouldnotbetreatedasapartofanyaninvitationoroffertosellanysecurities,investordealinora
promotionorasolicitationofanoffertopurchaseanysecuritiesorrecommendationtoconcludeanytransaction,inparticularwithrespecttosecuritiesoftheCompany.TheinformationcontainedinthisPresentationisderivedfrompubliclyavailable
sourceswhichtheCompanybelievesarereliable,buttheCompanydoesnotmakeanyrepresentationastoitsaccuracyorcompleteness.TheCompanyshallnotbeliablefortheconsequencesofanydecisionmadebasedoninformationincluded
inthisPresentation.TheinformationcontainedinthisPresentationis,inanycase,subjecttochangesandmodifications.TherecipientsofthisPresentationagreethattheyaresubjecttotherestrictionssetoutbelowandshallcomplytherewith.
lnnoeventmaythecontentofthisPresentationbeconstruedasanytypeofexplicitorimplicitrepresentationorwarrantymadebytheCompanyor,itsrepresentatives.Likewise,neithertheCompanynoranyofitsrepresentativesshallbeliablein
anyrespectwhatsoever(whetherinnegligenceorotherwise)foranylossordamagethatmayarisefromtheuseofthisPresentationorofanyinformationcontainedhereinorotherwisearisinginconnectionwiththisPresentation.
TheCompanydoesnotundertaketopublishanyupdates,modificationsorrevisionsoftheinformation,dataorstatementscontainedhereinshouldtherebeanychangeinthestrategyorintentionsoftheCompany,orshouldfactsoreventsoccur
thataffecttheCompany'sstrategyorintentions,unlesssuchreportingobligationsarisesunderapplicablelawsandregulations.
ThisPresentationincludesforward-lookingstatements.Thesestatementscontainthewords"anticipate","believe•,"intend",•estimate•,•expect"andwordsofsimilarmeaning.Allstatementsotherthanstatementsofhistoricalfactsincludedinthis
Presentation,including,withoutlimitation,thoseregardingtheCompany'sfinancialposition,businessstrategy,plansandobjectivesofmanagementforfutureoperations(includingdevelopmentplansandobjectivesrelatingtotheCompany's
productsandservices)areforward-lookingstatements.Suchforward-lookingstatementsinvolveknownandunknownrisks,uncertaintiesandotherimportantfactorsthatcouldcausetheactualresults,performanceorachievementsoftheCompany
tobemateriallydifferentfromfutureresults,performanceorachievementsexpressedorimpliedbysuchforward-lookingstatements.Suchforward-lookingstatementsarebasedonnumerousassumptionsregardingtheCompany'spresentand
futurebusinessstrategiesandtheenvironmentinwhichtheCompanywilloperateinthefuture.Theseforward-lookingstatementsspeakonlyasatthedateofthePresentation.theCompanyexpresslydisclaimsanyobligationorundertakingto
disseminateanyupdatesorrevisionstoanyforward-lookingstatementscontainedhereintoreflectanychangeintheCompany'sexpectationswithregardtheretooranychangeinevents,conditionsorcircumstancesonwhichanysuchstatement
isbased,unlessotherwiserequiredbytheapplicableprovisionsoflaw.TheCompanycautionsyouthatforward-lookingstatementsarenotguaranteesoffutureperformanceandthatitsactualfinancialposition,businessstrategy,plansand
objectivesofmanagementforfutureoperationsmaydiffermateriallyfromthosemadeinorsuggestedbytheforward-lookingstatementscontainedinthisPresentation.Inaddition,eveniftheCompany'sfinancialposition,businessstrategy,plans
andobjectivesofmanagementforfutureoperationsareconsistentwiththeforward-lookingstatementscontainedinthePresentation,thoseresultsordevelopmentsmaynotbeindicativeofresultsordevelopmentsinfutureperiods.TheCompany
doesnotundertakeanyobligationtorevieworconfirmortoreleasepubliclyanyrevisionstoanyforward-lookingstatementstoreflecteventsthatoccurorcircumstancesthatariseafterthedateofthisPresentation.
ThisPresentationcontainscertainmarketinformation.Unlessattributedexclusivelytoanothersource,suchmarketinformationhasbeencalculatedbasedondataprovidedbythird-partysourcesidentifiedhereinandincludes
estimates,assessments,adjustmentsandjudgmentsthatarebasedontheCompany'sexperienceandfamiliaritywiththesectorinwhichtheCompanyoperates.Becausesuchmarketinformationhasbeenpreparedinpartbaseduponestimates.
assessments,adjustmentsandjudgmentsandnotverifiedbyanindependentthirdparty,suchmarketinformationis,unlessotherwiseattributedtoathird-partysource,toacertaindegreesubjective.Whileitisbelievedthatsuch
estimates,assessments,adjustmentsandjudgmentsarereasonableandthatthemarketinformationpreparedisappropriatelyreflectiveofthesectorandthemarketsinwhichtheCompanyoperates,thereisnoassurancethatsuch
estimates,assessmentsandjudgmentsarethemostappropriateformakingdeterminationsrelatingtomarketinformationorthatmarketinformationpreparedbyothersourceswillnotdiffermateriallyfromthemarketinformationincludedherein.
2

3. WE HAVE BEEN BUILDING A COMPREHENSIVE ECOSYSTEM FOR MOBILITY TIMES
OMNICHANNEL
3
DISTRIBUTION NETWORK
Groundnetwork on 19 markets
SEGMENTS OF MARKET
CUSTOMERS
DATABASE​​
FLEET /
DRIVER
LOGISTIC
SUPPLIERS DATABASE​​WORKSHOPS DATABASE​

4. Inter Cars uses its scale of operation and at the same time is organized
in smaller, specialized business segments, thus acting agile and flexibly,
able to compete with smaller companies.
FROM INDIVIDUAL SEGMENTS WE CREATE ASTRONG WHOLE
TYRES
SYNERGYIN PARTS SALES FOR SUPPLIERS
PV (PassengerVehicles)
CV(Commercial Vehicles)
OFF HIGHWAY
VISUAL PARTS
BATTERIES
LUBRICANTS
GARAGE
EQUIPMENT
MARINE
ACCESSORIES
MOTO
INDUSTRY
TUNING
4

5. INTER CARS PERFORMANCE DURING LAST 12 YEARS
5
#2
in the EU
#6
worldwide
18
countries
1
passenger car parts
#1inCEE
truckparts
#1in the EU
703
806
911
1 129
1 348
1 579
1 822
2 0392 061
2 635
[WARTOŚĆ],0
3 982
4 139
0
500
1000
1500
2000
2500
3000
3500
4000
4500
201220132014201520162017201820192020202120222023LTM
Mar'24
Sales EUR(no interco)mio
1
Countries where Inter Cars has a brick and mortar distribution chainand Great Britain.
2
1
2
1
1
3
1
3
2
3
1
1
2

6. 7,6%
8,8%
5,3%
17,6%
MEKO
(Group)
GPC
(Europe)
LKQ
(Europe)
Inter Cars
1Q
2024/2023
INTER CARS IN LAST 12 MONTHS
20,9%
[mioEUR] 2023 2022 change%
Inter Cars 3 982 3 260 22,1%
LKQ(Europe) 5 821 5 442 7,0%
GPC(Europe) 3 335 2 928 13,9%
MEKO(Group) 1 461 1 320 10,7%
Total 14 599 12 950 12,7%
Data includes acquisitions of Knoll and Lausan
Data 1Q YEAR
FX rates 2024 2023 change% 2023 2022 change%
EUR -> PLN 4,3211 4,7005 -8,1 % 4,5284​ 4,6883​ -3,4 %​
USD -> PLN 3,9941 4,3630 -8,5 % 4,182​3 4,4679 -6,4 %​
SEK -> PLN 0,3811 0,4191 -9,1 % 0,3947 0,4398 -10,3%
[mioEUR] 1Q2024 1Q2023 change%
Inter Cars 1 048 891 17,6%
LKQ(Europe) 1 519 1 443 5,3%
GPC(Europe) 903 830 8,8%
MEKO(Group) 381 354 7,6%
Total 3 851 3 518 9,5%

7. 2
1
1
1
2
1
1
2
1
1
1
2
RANKING OF DISTRIBUTORS ON CV MARKET
7
truckparts
#1in the EU
2023 Rankof Inter Cars companieson particularmarkets.
18
countries
1
1
Countries, where Inter Cars has a brick and mortar distribution chainand Great Britain.
2
Source: blackcolour–Inter Cars estimations, red colour–companyfinancialreports.
Country [ths€] 2019
2
2020 2021 2022 2023
Inter Cars 398 400 415 000 558 700 720 172 856 000
Winkler​ 442 266 443 539 450 000 460 000 524 000
Europart​ 429 719 430 000​ 440 000 440 000 508 000​
1
1
We have changed the way truck partsare distributed and installed.
6
>15
1
1
1
1
1
>15
Sales in mioEUR

8. Poland+9%
Estonia+13%
Latvia+19%
Lithuania+19%
Ukraine+20%
Moldova+17%
Romania+5%
Bulgaria+23%
Greece+30%
Czech Republic +14%
Austria
1
Hungary+16%
Italy+23%
Slovenia+21%
Croatia+19%
Bosniaand Herzegovina+38%
Serbia+57%
INTER CARS WILL GAIN MARKETSHARE IN ALL MARKETS
8
1Q2024 SALES
PLN 4,53 bn
EUR 1,05bn
+17,6% (in EUR)vs
1Q2023*
+8,1% (in PLN) vs 1Q2023
+18%
PC, VAN
Slovakia+14%
Norway
1
France
1
Belgium
1
1
No groundbranches
Finland
1
Netherlands
1
Great Britain
1
Germany
1
3
1
3
1
2
1
1
1
1
>1
5 5 5
1
4
1
3
* totalsalesdynamicin EUR; avgfxratein 1Q2024 4,3211 PLN/EUR; in 1Q2023 4,7005 PLN/EUR
* *country salesdynamicin LCY
+11% CV
+30% BATT
+16%
GE, ACC
+22% MOTO
+19% TYRES
+11% OILS

9. EUROPEAN LARGEST STOCK LISTED AUTO PARTS DISTRIBUTOR WITH PRESENCE IN 18 COUNTRIES
9
Source: Corporate information. Note: Financials converted at EUR/PLN = 0.2208
1
Countries, where Inter Cars has a brick and mortar distribution chain.
2
Cash conversion defined as (EBITDA –capex) / EBITDA.
regular
customers
realize50%
of purchaseorders
Performance
in numbers
35 000+
SKU’son stock
branches
registeredin
"routing platform"
Motointegrator
35
suppliers
600+
620K+
300000
Attractive Financial
Profile
68%
2013 –LTM Mar’24
EBITDA CAGR
Equity
1Q2024
2013 –LTM Mar’24
Sales CAGR
1Q2024 Sales
Cash conversion
2
LTM Mar’24
17,5%
16,9%
PLN4,57bn
(€1 062mln)
PLN4,53bn
(€1,05bn)

10. Trackrecordof strongand sustainabletop-linegrowth
10
232
272
251
370 360
393
462
638
1 039
1 197
1 218
1 153
6,6%
6,9%
5,2%
6,2%
5,2%
4,9%
5,3%
7,0%
8,5%
7,8%
6,8%
6,3%
20132014201520162017201820192020202120222023LTM Mar'24
EBITDA EBITDA margin
3 513
3 959
4 796
5 973
6 908
7 943
8 764
9 159
12 242
15 285
18 030
18 371
(0,3%)1,4%2,0%
1,9%
2,6%
2,1%1,8%
(5,5%)
6,0%
3,5%
0,5%0,4%
17,0%
12,7%
21,1%
24,6%
15,7%
15,0%
10,3%
4,5%
33,7%
24,9%
18,0%
13,2%
20132014201520162017201820192020202120222023LTM Mar'24
Sale EU GDP growth Sales growth
Historical sales (PLNmm) Historical EBITDA (PLNmm)
CAGR 2013–LTM Mar’24: 16,9%CAGR 2013–LTM Mar’24: 17,5%
Proven track record of above market, through the cycle organic growth
Continued market share gains in core markets
Consolidated customer base ensuring recurrent sales
One-stop shop company in a low margin business vs. Western Europe
Historical focus on volume growth and cementing market leadership
positioning

11. CONSOLIDATED CASH FLOW 1Q2024
Operating cash flows
Cash flow from operating activities amounts to PLN 208million and is PLN 207million higher than in the same period last year
Investing cash flows
Investment expenses amount to PLN 54million vs. PLN 49million in 1Q2023.
The increase of investments expenditure is primarily driven by development and modernization of the warehouse in Zakroczym (the current costin 2023 is PLN 246 million)
Financing cash flows
PLN 43million interest paid (PLN 41million in 1Q2023)
PLN 48million repayment of leaseliabilities (PLN 36million in 1Q2023)
11

12. 12
CIRCULAR ECONOMY
INDEPENDENT
WORKSHOPS
Knowledge & training
Software & tools
Financing
Garageequipment
Spareparts/Accesories
Allfor car repair
DRIVERS
DEVELOPMENT
Partsregeneration& reuse
Waste reduction
Authorised ZF Partner Service
Repair and remanufacturing of drive trains (transmissions and axles).

13. 6 AREAS OF THE FOUNDATION'S ACTIVITIES -EXAMPLES
13
Care for
the environment
6,000 kg of garbagecollected
duringthe OperacjaCzysta
Rzeka(Let's Meet OnThe River)
action.
743primary schools
participatingin the Be.Eco
workshops.
Development
of competences
of the future
71young women
from orphanages
or rehabilitation centres
participating in the Uniwersytet
Sukcesu(Success University)
project.
41scholarship holders
participating in the annual
scholarship programme
Akcelerator
(Accelerator), supervised by 30
mentors from Inter Cars S.A.
OverPLN 250,000 sportscamp
duringthe summervacation; PLN
118,000 christmasgifts; PLN
112,000-donationsto a local
organisations, whichhelp
Ukrainianchildrenin Poland
Developmentof the employee
volunteering programme
Road traffic
safety
Over PLN 300,000 donations made to
non-governmentorganizations,
600 volunteersinvolved in
the foundation’s projects.
PLN 3,698,606 donations made to
the Inter Cars Foundation
by Inter Cars S.A. in 2023.
In general
Aid
to Ukraine