November 12, 2025, Guelph, Ontario, Canada (TSX: LNR)

Continued Free Cash Flow

• $320.9 million of Free Cash Flow1 generated in Q3 2025, up $51.3 million from the prior year due to careful cash management;
• Liquidity¹ is strong at $2.2 billion, up $783.7 million or 54.9% from Q3 2024.

Mobility Segment Normalized Earnings Growth Continues

• Normalized Operating Earnings¹ increased 87.7% to $165.9 million;
• Normalized Operating Earnings margins expanded to 8.6%, at the high end of our normal range.

Diversified Strategy Success

• Despite a small decline in sales, Normalized Earnings per Share has increased 6.8%.

Returning Cash to Shareholders

• Linamar has received approval from the Toronto Stock Exchange (“TSX”) to renew its normal course issuer bid, described further below, under which it is authorized to purchase up to 3,850,534 shares over the next 12 months;
• Linamar repurchased 1.1 million shares year-to-date as part of its normal course issuer bid;
• Linamar has repurchased 1.8 million shares since the start of the NCIB program in November 2024;
• Linamar is maintaining its dividend to shareholders at $0.29 per share quarterly.

Industrial Segment Market Share Growth

• Despite a significant decline in industrial markets, the Company increased both aerial work platforms market share globally and increased market share on newer agricultural products such as tillage and seeding equipment.

Mobility Segment Growth

• CPV¹ grew in core North America, Europe, and Asia Pacific operations, driven by launching programs;
• Announcement of the acquisitions of Georg Fischer’s Leipzig casting facility and Aludyne’s North American assets further diversifies our casting solutions and enhance Linamar’s structural capabilities and manufacturing footprint.

Manageable Impact from Tariffs

• Linamar’s product continues to be USMCA compliant meaning the majority of product continues to be tariff free into the US.