First announced in July, this strategic acquisition strengthens Nemak’s global footprint,
diversifies its customer base, and enhances its technological capabilities, advancing its
transformation beyond ICE powertrain components and accelerating the shift toward
sustainable mobility through structure and chassis components.

After 42 years of dedicated service to Nemak, including 13 years serving as Chief Executive Officer,
Armando Tamez will step down from his role effective March 31, 2026.

Nemak announced today that it has entered into a definitive agreement to acquire the automotive business of GF Casting Solutions, a Swiss-based leader in lightweight casted components.