Schaeffler Ag · XETR:SHA0
Schaeffler — Bank of America European Autos Conference 2021
29 slides from Schaeffler's conference presentation, Sep 28, 2021
Slide 1: Schaeffler Automotive Technologies – Harvesting the Mature, Growing the New Business
Option 1 Schaeffler Automotive Technologies – Harvesting the Mature, Growing the New Business Bank of America European Autos Conference Matthias Zink CEO Automotive Technologies September 28, 2021
Slide 2: Agenda
Agenda 1 Where we stand 2 Where we play 3 How we win 4 How we create value Sep 2021 Schaeffler Automotive Technologies | Bank of America European Autos Conference 2
Slide 3: Where we stand
1 Where we stand Sep 2021 Schaeffler Automotive Technologies | Bank of America European Autos Conference 3
Slide 4: Current Trading – Outperform and confident on FY guidance
1 Where we stand Current Trading – While not immune to stronger headwinds on automotive volumes, we will outperform and we are confident on our FY guidance, protecting margins and FCF Automotive Market dynamics Global LVP1 2021 • IHS sharply reduced its estimates for the Global LVP1 in September, no
Slide 5: Automotive Technologies – Driving the transition to innovative Propulsion and Chassis Technologies
1 Where we stand Automotive Technologies – Driving the transition to innovative Propulsion and Chassis Technologies Revenue in EUR mn Electric and Hybrid Engine Components Europe Greater China Propulsion and Systems 4,365 3,264 13% of sales2 in 2020 26% of sales in 2020 37% of sales in 2020 26% of s
Slide 6: Vision Powertrain 2035 – Electrification is further accelerating
1 Where we stand Vision Powertrain 2035 – Electrification is further accelerating Vision Powertrain 2035 Global Light Vehicle Production We drive the transition to innovative 15% propulsion systems 30% 56% 35% 88% HEV as transition technology will 40% reach tipping point in 2030 32% 50% 30% Electrif
Slide 7: Where we play
2 Where we play Sep 2021 Schaeffler Automotive Technologies | Bank of America European Autos Conference 7
Slide 8: We actively manage our Product Portfolio – Harvesting the Mature, Growing the New Business
2 Where we play We actively manage our Product Portfolio – Harvesting the Mature, Growing the New Business Vision Powertrain 2035 Mature Business New Business Global Light Vehicle Production Products for Powertrain agnostic1 Powertrain agnostic1 Products for ICE and HEV products products Electrified
Slide 9: Transforming Automotive Technologies – Preferred technology partner for our customers
2 Where we play Transforming Automotive Technologies – We want to be the preferred technology partner for our customers Key aspects Automotive Focus Areas Mature Business New Business Lead in E-Mobility, technological edge and innovation 1 Strengthen Chassis business as second pillar of the Division
Slide 10: How we win
3 How we win Sep 2021 Schaeffler Automotive Technologies | Bank of America European Autos Conference 10
Slide 11: E-Mobility – Promised and delivered: Order Intake and Footprint
3 How we win E-Mobility – Promised and delivered: Order Intake and Footprint 11.4 bn EUR Total Order Intake for E-Mobility since 2018 Official inauguration on September 17, 2021 2.1 bn EUR Order Intake for E-Mobility achieved in H1 2021 Sep 2021 Schaeffler Automotive Technologies | Bank of America E
Slide 12: E-Mobility – Unlimited innovation potential
3 How we win E-Mobility – Unlimited innovation potential 3in1 E-Motors Transmission Xin1 2in1 e-Axle 4in1 Systems Thermal Management PEU Thermal 3in1 E-Motor Transmission Power Electronics management 2in1 3in1 4in1 Sep 2021 Schaeffler Automotive Technologies | Bank of America European Autos Conferen
Slide 13: Schaeffler e-Axle – Performant, efficient and innovative 800-volt electrical system
3 How we win Schaeffler e-Axle – Performant, efficient and innovative 800-volt electrical system 3in1 Passenger Cars Commercial Vehicles 180 kW Range of performance 500 kW 350 A Phase current (Effective value) 700 A Thermal E-Motor Transmission Power Electronics management 2in1 1200 V SiC semiconduc
Slide 14: Our Vision: Autonomous New Mobility
3 How we win Our Vision: Autonomous New Mobility Chassis Mechatronic + Sep 2021 Schaeffler Automotive Technologies | Bank of America European Autos Conference 14
Slide 15: Our Vision: Autonomous New Mobility: We pioneer motion
3 How we win Our Vision: Autonomous New Mobility: We pioneer motion Flexible Schaeffler Chassis Chassis Vehicle Topology Control Unit Mechatronic Scalable Conductive Platform Charging System Sep 2021 Schaeffler Automotive Technologies | Bank of America European Autos Conference 15
Slide 16: IAA 2021 – Key takeaways
3 How we win IAA 2021 – Key takeaways • Transformation: in full swing – We are actively positioning Schaeffler for future opportunities • Operating Model: its sharpening strengthens our innovation power and execution of our strategy in E-Mobility and Chassis systems • Innovation in E-Mobility: 3in1
Slide 17: Eco-system – Optimizing our leading technological platform
3 How we win Eco-system – Optimizing our leading technological platform, leveraging our strong industrialization capabilities Mature Business New Business How we harvest Mature Business • We right-size investments and resource allocation in our Mature We business by consequently reducing investments
Slide 18: Eco-system – Creating a leading technological platform with strong industrialization capabilities
3 How we win Eco-system – Creating a leading technological platform with strong industrialization capabilities Mature Business New Business Growing our New Business • We continuously leverage our Automotive + Industrial supplier eco- We system – Our New Business thrives on the strong foundations of
Slide 19: How we create value
4 How we create value Sep 2021 Schaeffler Automotive Technologies | Bank of America European Autos Conference 19
Slide 20: How we fund our own growth and create value
4 How we create value How we fund our own growth and create value Mature Business Order Intake2 FY 2019 & FY 2020 New Business Products for Powertrain Powertrain Products for ICE and HEV agnostic1 agnostic1 Electrified products products Powertrains 41% Priority Margin HEV Priority Growth xEV Order 2
Slide 21: We drive the transition to innovative propulsion and chassis technologies
4 How we create value We drive the transition to innovative propulsion and chassis technologies, to conquer leadership positions in New Business We plan conservatively with a disciplined view on costs in a highly uncertain market 1 environment We aim to outperform the market thanks to our system und
Slide 22: Sep 2021 Schaeffler Automotive Technologies | Bank of America European Autos Conference
Sep 2021 Schaeffler Automotive Technologies | Bank of America European Autos Conference 22
Slide 23: Backup
SCHAEFFLER We pioneer motion
Slide 24: Schaeffler Group at a glance – Automotive and Industrial supplier
Backup Schaeffler Group at a glance – We are an Automotive and Industrial supplier 3 Divisions Schaeffler Group 4 Regions In % of FY 2020 In % of FY 2020 Asia Pacific • Leading positions in 13% Industrial technology and innovation 25% • 10 customer sectors Europe 43% • Market leading offering from G
Slide 25: Focused and fast-paced E-Mobility portfolio expansion since 2019
Backup Focused and fast-paced E-Mobility portfolio expansion since 2019 First SOP for First E-Motor First 3in1 DHT HEV Construction start First 3in1 Hybrid First Power Electronic HEV Hybrid Module xEV nomination HEV nomination HEV Module xEV Unit nomination for xEV E-Mobility plant, with Torque Szom
Slide 26: Managing the transition: profitability in Mature, growth in New Business
Backup We actively manage the transition by ensuring profitability in Mature Business and a strong growth in New Business Mature Business Automotive Technologies – New Business Driving the transition to innovative propulsion and chassis technologies We We HARVEST Build BUILD Growth with our Competen
Slide 27: E-Mobility Propulsion portfolio today – Components and Systems
Backup E-Mobility Propulsion portfolio today – Components and Systems Powertrain Systems DHT, Hybrid Modules, E-Axles etc. Thermal Management Fuel Cell Mechatronic and Electrical Systems Power Electronic, Actuator Systems, etc. Mechanical Systems E-Motors, Gearboxes, Wet Clutches etc. Components Rot
Slide 28: Automotive Technologies (AT) outperformance by quarters
Backup Automotive Technologies (AT) outperformance by quarters YTD 21 Q1 21 Q2 21 Outperformance: +5.7pp Outper- Outper- IHS1 AT2 formance IHS1 AT2 formance World +15.5% +15.8% +0.3pp +48.6% +65.3% +16.7% Europe +1.0% +3.4% +2.4pp +83.9% +116.2% +32.3% Americas -2.9% +6.0% +8.9pp +147.3% +136.4% -8.
Slide 29: Seven non-financial targets underline clear commitment to sustainability
Innovation, Sustainability and Digitalization Seven non-financial targets underline clear commitment to sustainability CDP Rating “A-” Rating for CDP Climate Score until 2021 Energy Efficiency Fresh Water Supply 100 GWh cumulated annual 20% reduction of fresh efficiency gains until 2024 water supply
Schaeffler — Bank of America European Autos Conference 2021 on 6ix