PHINIA INC. — fact timeline

PHINIA INC. reported 2026 Full Year results: revenue $3.52 billion to $3.72 billion, net income $165 million to $195 million. Guidance reaffirmed.

“2026 Full Year Guidance: The Company continues to expect 2026 net sales of $3.52 billion to $3.72 billion. This implies a year-over-year growth of 1% to 7% in 2026. The Company’s net earnings and adjusted EBITDA are projected to be $165 million to $195 million and $485 million to $525 million, respectively, with net earnings margin of 4.7% to 5.2% and adjusted EBITDA margin of 13.7% to 14.3%.”

PHINIA INC. reported first quarter ended March 31, 2026 results: revenue $878 million, net income $37 million, EPS $0.96.

“First Quarter Highlights: • Net sales of $878 million, an increase of 10.3% compared with Q1 2025. ◦ Excluding the impacts of foreign currency and the acquisition of SEM, increases of $39 million and $14 million, respectively, net sales increased $29 million or 3.6%, primarily driven by volumes in Asia and the Americas and tariff recoveries. • Net earnings of $37 million and net margin of 4.2%, representing a year-over-year increase of $11 million and 90 basis points (bps), respectively. • Adjusted EBITDA of $115 million with adjusted EBITDA margin of 13.1%, representing a year-over-year increase of $12 million and 20 bps, primarily driven by supplier savings and overhead cost control measures and net tariff recoveries. • Net earnings per diluted share of $0.96. ◦ Adjusted net earnings per diluted share of $1.29 (excluding $0.33 per diluted share related to non-operating items detailed in the non-GAAP appendix below), reflecting the operational increases detailed above and a reduction”

PHINIA INC. dismissed PricewaterhouseCoopers LLP as its auditor.

“the Audit Committee approved the dismissal of PricewaterhouseCoopers LLP (“PwC”) as the Company's independent registered public accounting firm for the 2026 fiscal year”

PHINIA INC. engaged Deloitte & Touche LLP as its auditor.

“the Audit Committee approved the engagement of Deloitte & Touche LLP (“D&T”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, subject to D&T’s customary client acceptance procedures”

Meggan M. Walsh was elected as Director at PHINIA INC..

“On June 19, 2024, the Board of Directors (the “Board”) of PHINIA Inc. (the “Company”) increased the size of the Board from seven to eight members and elected Meggan M. Walsh to fill the resulting vacancy, each effective July 1, 2024 (the “Effective Date”).”

PHINIA INC. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2024 at the 2024-05-09 meeting.

“Proposal 4 . The shareholders approved the ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2024. The voting results are as follows: For Against Abstentions Broker Non-Votes 38,886,120 40,585 24,588 0”

PHINIA INC. shareholders approved Advisory approval of the frequency of future advisory votes on executive compensation at the 2024-05-09 meeting.

“Proposal 3 . The shareholders approved, on an advisory basis, the frequency of "1 year" for future advisory votes on the compensation of the Company's named executive officers. The voting results are as follows: 1 Year 2 Years 3 Years Abstentions Broker Non-Votes 34,103,501 23,361 1,219,184 21,984 3,583,263”

PHINIA INC. shareholders approved Advisory approval of the compensation of the Company's named executive officers at the 2024-05-09 meeting.

“Proposal 2. The shareholders approved, on an advisory basis, the compensation of the Company's named executive officers. The voting results are as follows: For Against Abstentions Broker Non-Votes 32,816,474 2,513,971 37,585 3,583,263”

PHINIA INC. shareholders approved Election of seven nominees as directors at the 2024-05-09 meeting.

“Proposal 1 . The shareholders elected the following seven nominees as directors of the Company to hold office until the next annual meeting of shareholders and until their respective successors are duly elected and qualified. The voting results for the seven nominees are as follows: Name For Against Abstentions Broker Non-Votes Samuel R. Chapin 35,125,748 214,834 27,448 3,583,263 Brady D. Ericson 35,247,622 94,395 26,013 3,583,263 Robin Kendrick 35,149,857 191,226 26,947 3,583,263 Latondra Newton 35,190,143 149,414 28,473 3,583,263 D’aun Norman 35,157,767 179,925 30,338 3,583,263 Rohan S. Weerasinghe 34,582,160 756,137 29,733 3,583,263 Roger J. Wood 35,199,917 140,673 27,440 3,583,263”

PHINIA INC. reported the first quarter ended March 31, 2024 results: revenue $863 million, net income $29 million, EPS $0.62 per diluted share. Guidance reaffirmed.

“PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2024. First Quarter Highlights: • U.S. GAAP net sales of $863 million”