Aptiv Plc · NYSE:APTV
Aptiv — Investor Presentation (November 2020)
19 slides from Aptiv's investor presentation, Nov 17, 2020
Slide 1: Stewardship Outreach
STEWARDSHIP OUTREACH November 2020
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation, as well as other statements made by Aptiv PLC (the “Company”), contain forward-looking statements that reflect, when made, the Company’s current views with respect to current events, certain investments and acquisitions and financial performance. Such fo
Slide 3: Aptiv Today
Aptiv Today UNPRECEDENTED INDUSTRY DECLINES IN 2020 DUE TO COVID-19 ($ millions, except per share amounts) FY 20203 FY 2019 GLOBAL VEHICLE COVID IMPACT PRODUCTION ~(20%) (5%) GLOBAL VEHICLE PRODUCTION REVENUE ~$12,615 $14,357 • ~(20%) 1Q production decline Adj Growth %1 | GoM ~(11%) | ~9% 4% | 9% •
Slide 4: Navigated Through The Crisis
Navigated Through The Crisis STRONG EXECUTION DESPITE MASSIVE INDUSTRY DISRUPTION DECISIVE ACTIONS TAKEN TO SUCCESSFUL RESTARTS ENHANCE FINANCIAL FLEXIBILITY AND STABILIZED OPERATIONS COST REDUCTION ACTIONS • 50% CEO/C-suite pay cuts, EE furloughs/TLOs mitigate 1H’20 volume declines OF SITES OPERATI
Slide 5: 2020 YTD Stock Price Performance
2020 YTD Stock Price Performance STRONG Q3 PERFORMANCE DRIVES APTIV AHEAD OF PEERS News of COVID-19 Economies slowly COVID cases rise with COVID-19 cases significantly Hubei & Wuhan infections improving in US and Mexico begin to restart recover as retail demand hotspots in Europe and begin lockdown
Slide 6: Safe Operations Protocols, Best-in-Class Safety, Our Communities
For more information about our response to COVID-10 here. SAFE OPERATIONS PROTOCOLS BEST-IN-CLASS SAFETY OUR COMMUNITIES Deployed Aptiv SAFE Operation Protocols across our Top-quartile performance for lost workday The Aptiv Foundation donated to the global facilities to protect our employees and the
Slide 7: Board And Committee Overview
Board And Committee Overview OUR BOARD PROVIDES STRATEGIC GUIDANCE, OVERSEES PERFORMANCE AND ENSURES THAT APTIV APPROPRIATELY EVALUATES, MANAGES AND MITIGATES RISK APTIV BOARD OF DIRECTORS & COMMITTEE MEMEBERS KEY CHARACTERISTICS Rajiv L. Gupta Nicholas M. Donofrio Robert K. (Kelly) Ortberg Chairman
Slide 8: Board Of Directors Engagement
Board Of Directors Engagement STRONG PARTNERSHIP BETWEEN BOARD OF DIRECTORS AND LEADERSHIP ON STRATEGY AND RISK MANAGEMENT SUSTAINABILITY GOVERNANCE ETHICS & • Selection and evaluation of COMPLIANCE • ESG priorities COVID-19 RISK MANAGEMENT Board members • Company culture • Long-term environmental g
Slide 9: Incentives Aligned to Long-Term Value
Incentives Aligned to Long-Term Value PAY-FOR-PERFORMANCE CULTURE WITH METRICS TIGHTLY LINKED TO LONG-TERM VALUE CREATION PERFORMANCE BASED LONG-TERM VALUE FOCUSED ACHIEVED THE RIGHT WAY Named Executive Officer Pay Mix Incentives Aligned To Creating Strategic Results Modifier (SRM) Component of AIP
Slide 10: Aptiv Sustainability
Aptiv Sustainability INTEGRAL TO THE PRODUCTS WE CREATE AND WAY WE DO BUSINESS OUR SUSTAINABILITY COMMITMENT OUR MISSION Our products and solutions are of the highest quality, are designed, developed and manufactured responsibly, and transform society — making mobility safer, greener and more connec
Slide 11: Empowering Talent to Drive Change
Empowering Talent to Drive Change PEOPLE DIVERSE AS THE WORLD WE SERVE, WE WORK IN AN INCLUSIVE CULTURE OF INNOVATION AND EXECUTION THAT CREATES VALUE FOR ALL OF OUR STAKEHOLDERS CORE VALUES AT THE HEART OF APTIV DIVERSITY EQUALS ROBUST TALENT Principles for how we work INNOVATION DEVELOPMENT Divers
Slide 12: Portfolio Aligned To Safe, Green And Connected
Portfolio Aligned To Safe, Green And Connected PRODUCT APTIV TECHNOLOGIES HELPING ADDRESS CUSTOMERS TOUGHEST CHALLENGES SAFE GREEN CONNECTED APTIV MISSION APTIV MISSION APTIV MISSION A SOCIETY THAT SEES ZERO FATALITIES, ZERO EMISSIONS: MI IMIZE THE VEHICLE’S SEAMLESS INTEGRATION BETWEEN THE CAR, ZER
Slide 13: Proven Ability to Deliver on Ambitious Goals
Proven Ability to Deliver on Ambitious Goals PLANET EXCEEDED ALL 2020 ENIRONMENTAL TARGETS OF 30% REDUCTIONS ON A 2011 BASELINE CO2 EMISSIONS WASTE DISPOSAL WATER CONSUMPTION OUR 2025 COMMITMENTS kgCO2*/ employee kg / employee kL / employee 25% REDUCTION OF CO2 EMISSION (41%) (32%) (38%) 25% RENEWAB
Slide 14: Evolving our Reporting
Evolving our Reporting PLATFORM IMPROVING OUR SUSTAINABILITY PERFORMANCE AND REPORTING ON IT RECENT RECOGNITIONS Ethisphere Institute: 2019 World’s In 2020, Aptiv received a Most Ethical Companies® for rating of AA (on a scale of REPORTED IN the eighth year in a row. AAA-CCC) in the MSCI ESG ALIGNME
Slide 15: Summary
Summary STRATEGY FOCUSED ON PORTFOLIO OF ADVANCED TECHNOLOGIES AND OPERATING EXECUTION CREATES A MORE SUSTAINABLE BUSINESS, AND DELIVERS EXCEPTIONAL VALUE FOR SHAREHOLDERS TOTAL SHAREHOLDER RETURN STRATEGY of developing safer, greener and more connected platform solutions accelerating YEAR-TO-DATE r
Slide 16: Aptiv Overview
Aptiv Overview
Slide 17: Summary of Aptiv Safe Operations Protocols
Summary of Aptiv Safe Operations Protocols SAFE OPERATIONS PROTOCOLS DEVELOPED TO MINIMIZE RISKS TO OUR EMPLOYEES IN THE WORKPLACE AS WE RESUME OPERATIONS Aptiv’s COVID-19 Safe Operations Protocols For additional details, visit: www.aptiv.com/newsroom/covid-19 17 Aptiv Stewardship Outreach
Slide 18: Non-US GAAP Financial Guidance Metrics
Non-US GAAP Financial Guidance Metrics ($ millions) 2019 20201 Net income attributable to Aptiv 990 1,687 Interest expense 164 166 Other (income) expense, net (14) 11 Income tax expense 132 31 Equity (income) loss, net of tax (15) 80 Net income attributable to noncontrolling interest 19 10 Operating
Slide 19: Non-US GAAP Financial Guidance Metrics
Non-US GAAP Financial Guidance Metrics ($ millions, except per share amounts) 2019 20201 Net income attributable to ordinary shareholders 990 1,652 Mandatory Convertible Preferred Share dividends - 35 Net income attributable to Aptiv 990 1,687 Adjusting items: Restructuring 148 209 Other acquisition