Electric Vehicle Transition

Non-ICE Revenue Mix¹
	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Non-ICE revenue % (Automotive portfolio)	75%	75%	69%	60%	59%	59%	54%

1. Non-ICE Revenue" Revenue derived from sales of Non-ICE Products. Within Non-ICE Product categories (being, categories of product which don’t depend on an ICE for their operation), a particular SKU may apply to a specific vehicle model, whether an ICE model, EV or hybrid model. As the mix of models in the car parc evolves over time, the particular SKUs offered and sold by the relevant Amotiv business will be altered to apply to those models. 2. Non-ICE Products: Those in categories of parts, accessories and services that are not ICE Products; i.e. are not dependent on an ICE for their operation. For example, products in the category of brakes are considered Non-ICE Products because all vehicles can use brakes, regardless of whether the vehicle has an ICE. Another example is products in the category of hybrid drive batteries are Non-ICE Products; whereas categories of products which depend on the ICE part of a hybrid vehicle, like ignition coils, are ICE Products. 3. Automotive portfolio excludes Water Segment (Davey Water Products) divested in FY24