FORVIA intends to use the proceeds of the offering of the New Notes to (i) fund the
repurchase of the FORVIA’s 2.625% senior notes due 2025 (the “2025 Notes”) and FORVIA’s
7.250% sustainability-linked notes due 2026 (the “2026 Sustainability-Linked Notes” and,
together with the 2025 Notes, the “Existing Notes”) accepted for purchase in tender offers
(the “Tender Offers”), (ii) pay fees and expenses incurred in connection with the Tender
Offers, including net premiums and accrued and unpaid interest on the Existing Notes,
and the offering of the New Notes, and (iii) to repay certain outstanding indebtedness of
the Issuer or any of its subsidiaries.

The Tender Offers were launched today and remain subject to conditions, such as the
completion of the offering of the New Notes. FORVIA plans to repurchase Existing Notes.
The final amounts accepted in the Tender Offers will be subject to the final amounts of
tenders received.