Forvia Se · EURONEXT:FRVIA
Forvia — Investor Day (November 2022)
130 slides from Forvia's investor day presentation, Nov 3, 2022
Slide 1: Capital Markets Day November 3, 2022
~ FORVIA POWER2S CAPITAL MARKETS DAY November 3, 2022 =ORVIA Inspiring mobility
Slide 2: Disclaimer
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Slide 3: Agenda
3. CAPITAL MARKETS DAY - November 3, 2022 AGENDA FORVIA IN 2025 HELLA PATH TO 2025 STRATEGIC PRIORITIES BY BUSINESS GROUP 2025 FINANCIAL ROADMAP KEY TAKEAWAYS Q&A FORVIA Inspiring mobility
Slide 4: FORVIA in 2025
FORVIA IN 2025 Patrick Koller, CEO Faurecia FORVIA Inspiring mobility 4 CAPITAL MARI
Slide 5: #7 global supplier, sustainable mobility tech leader
HELLA AcOU si #7 GLOBAL SUPP’ FORVIA SUSTAINABLE MOBILITY TECH LEADER
Slide 6: We are FORVIA
WE ARE FORVIA =ORVIA 6 CAPITAL MARKETS DAY - November 3, 2022 Inspiring mobility
Slide 7: From Faurecia to FORVIA
FROM FAURECIA TO F = Bigger free float (+85%) = New growth opportunities = Entry into the CAC NEXT stock market index in March 2021 Re = Critical edge to benefit from strategic growth drivers = +35% sales = 7th global supplier — 7 CAPITAL MARKETS DAY - November 3, 2022 = Advanced technologies perfec
Slide 8: FORVIA: A new global leader
= FORVIA: A NEW GLOBAL LEADER UTOMOTIVE TECHNOLOGIES INA ‘det Global automotive TIN 2 venicies worldwide equipped with FORVIA products Business Groups supplier — — 77 >8% of sates 4,000+ R&D centers Gross R&D Pa f , - T | 300 42 } por, 150,000 _ __ sites countries rn employees y a ~ 98. CAPITAL MA\
Slide 9: =ORVIA
=ORVIA 9 CAPITAL MARKETS DAY - November 3, 2022 Inspiring mobility
Slide 10: Technologies for mobility that matter
FOR MOBILIT . THAT MATTER T 10 CAPITAL MARKETS DAY - November 3, 2022
Slide 11: A diversified & balanced portfolio
A DIVERSIFIED & BALANCED PORTFOLIO ALIGNED WITH AUTOMOTIVE MEGATRENDS GROWTH & VALUE & CASH NEW GROWTH PROFITABILITY DRIVERS Electronics une een Sustainable Materials Cash generation Interiors Hydrogen Solutions Lifecycle Solutions incl. Symbio High potential aT in the mid-term Seating Off-cycle res
Slide 12: 36% of FORVIA orders on EV platforms in 2022
36% of FORVIA orders on EV platforms in 2022 re BEV market __growth (volume) STRONG EMBEDD 13 GROWTH ACROSS Automated Driving market growth a Cockpit Electronics market growth Inspiring mobility
Slide 13: Growth across key segments
5 rACROMS K Y SEGMENTS — Asia Premium SUVs & Light Trucks Balanced a “| ~30% of FORVIA ~40% of FORVIA.— ~20% of FORVIA ‘portfolio — ~~ | orders in 2022 orders in 2022 orders i in 2022 = - = —4— L —-— a —h 2 == Asia's vehicle Premium vehicle ' hn & Light Truck FORVIA global sales selena production ma
Slide 14: FORVIA POWER25
FORVIA POWER25 =ORVIA 14 CAPITAL MARKETS DAY - November 3, 2022 Inspiring mobility
Slide 15: Short-term headwinds
SHORT-TERM HEADWINDS = Inflation = Energy crisis = Supply chain disruptions = Cost & availability of money —_- IMPACT ON _ & DEMAND 15 CAPITAL MARKETS DAY - November 3, 2022 a TERM HEADWINDS POWER25 PLAN = Sales growth driven by innovation 1d sustainability reakeven lowered to 61m vehicles f oduced
Slide 16: POWER25 is based on conservative assumptions
POWER25 IS BASED ON CONSERVATIVE ASSUMPTIONS WORLDWIDE AUTOMOTIVE PRODUCTION (in million units, incl. vehicles between 3.5t and 6t in Asia) 94 89 2017 2018 = 2019» 2020-2021: 2022e ©=-2023e «= 2024e ©=—- 2025e — _ FORVIA estimate at 2021 CMD (Feb. 2021) — S&P Global latest estimate (Oct. 2022) — FOR
Slide 17: POWER25 to lower breakeven point & increase cash generation
POWER25TO LOWER BREAKEVEN POINT & INCREASE CASH GENERATION BREAKEVEN POINT NET P&L CASH FLOW Ny) Reduced to s 63m LVs >1.5% of sales N €150m fixed costs ||| reduction S 61m LVs 4% of sales N Leading to €300m of EBITDA conversion fixed costs reduction rate y/ vs 2022 =ORVIA 17 CAPITAL MARKETS DAY - N
Slide 18: Transversal digitalization as an enabler
TRANSVERSAL DIGITALIZATION AS AN ENABLER Leverage insights from data end-to-end to take better decisions Digital value Differentiate FORVIA by chain being close tothe most — ’ ’ promising start-ups i i ; Enhance customer & employee f experiences ‘ i Digital Prepare FORVIA to prevent and ‘ co- mitiga
Slide 19: FORVIA's POWER25 priorities
FORVIA'S POWER25 PRIORITIES DRIVE SALES GROWTH THROUGH INNOVATION & SUSTAINABILITY 2021 2025 e22bn & €5Obn Revenues Revenues Based on production of 88 million vehicles in 2025 After €lbn planned disposals 19 CAPITAL MARKETS DAY - November 3, 2022 ENHANCE PROFITABILITY & LOWER BREAKEVEN 2021 2025 5.6
Slide 20: Clear targets for each POWER25 pillar
CLEAR TARGETS FOR EACH POWER25 PILLAR 2021-2025 SALES 2021-2025 OPERATING MARGIN 2021-2025 CASH & PORTFOLIO FROM €22bn To ~€30bn FROM 5.6% To >7% FROM 1% TO 4% NCF/SALES = +8% p.a. CAGR 21-25 = Volume mix = From <3x (Dec 2022) to 3 Oy i _ (>+9% p.a. before disposals) = Inflationlpassthrough Le <1.5x
Slide 21: Deleveraging post-HELLA acquisition
DELEVERAGING POST-HELLA ACQUISITION fd), EBITOA 3.1X Net debt €8.4bn €1.0bn by end-2023 y c.€0.8bn —_ — Ye —_ Cumulated NCF Disposal Dividend. ‘id IFRS 16 June 30,2022 149. 2022- FY2025 —program Poa & Other Peoheles *incl. dividends to minorities =ORVIA 21 ~CAPITAL MARKETS DAY - November 3, 2022 Ins
Slide 22: ESG as a business driver
ESG AS A BUSINESS DRIVER =ORVIA 22 CAPITAL MARKETS DAY - November 3, 2022 Inspiring mobility
Slide 23: First automotive company with SBTi-approved net zero target
FIRST AUTOMOTIVE COMPANY WITH SBTi-APPROVED NET ZERO TARGET SBTi-NET ZERO CURVE [SCOPES 1, 2, 3 ] vco, CO, neutral OUR 45000000 Scopes 1& 2 OBJECTIVES 40000000 as = By 2025: CO, neutral 300000000 on scopes 1&2 = By 2030: reduce GHG 20.000 000 emissions by 45% across scope 3 Net Zero All scopes 2045
Slide 24: Energy savings & hedging to control P&L impact
ENERGY SAVINGS & HEDGING TO CONTROL P&L IMPACT Energy policy P&L impact (€m) 1 8 xX FORVIA _—_—_ 8 s__ Energy bill me, 24 2021-23, 7 41 vs. 5X 2021-23 theoretical increase based 2021 2023 2023 wll 2023 2023 on FORVIA activity and market energy bill activity energy energy@ price activity ate estimate
Slide 25: =ORVIA
=ORVIA Inspiring mobility
Slide 26: =ORVIA
=ORVIA 26 CAPITAL MARKETS DAY - November 3, 2022 Inspiring mobility
Slide 27: Materi'act: an innovative new player in sustainable materials
MATERIACT: AN INNOVATIVE NEW PLAYER IN SUSTAINABLE MATERIALS Materials with up to 85% improved CO, vs. state-of-the-art Feedstocks secured with key partnerships (e.g. Veolia for recycled plastics) Over €2bn sales in 2030 Mastering input variability: a key differentiator . , Recycled Mastering highly
Slide 28: We speed up our actions
WE SP rae r+ ee automotive company with net-zero target approved by the Science Based Targets (June 22) N Commitment to ocPitarc international (November 2022) entry into CAC40 ESG (September 2022) , Renewable energy On-site & Off-site PPAs signed in 2022 se a Energy savings >€100M investments by 202
Slide 29: One FORVIA, two listed companies
ONE FORVIA, TWO LISTED COMPANIES Supervisory Shareholder Board of Governance Board Committee Directors 16 members 8 members 14 members, of = 8employee = 3independent which representatives members = 2employee = 3independent =» 5members representatives members nominated by = Q independent = 5members n
Slide 30: HELLA path to 2025
60 CAPITAL MAR HELLA PATH TO 2025 Michel Favre, Member of HELLA Management Board, CEO HELLA Bernard Schaferbarthold, Member of HELLA Management Board, CFO HELLA FORVIA Inspiring mobility
Slide 31: HELLA's strategic pillars
HELLA'S STRATEGIC PILLARS STRENGTHENED BY WORKING TOGETHER 8 a MARKET & TECHNOLOGY GLOBAL PRESENCE & OPERATIONAL LEADERSHIP BROAD CUSTOMER PORTFOLIO EXCELLENCE =ORVIA 3) CAPITAL MARKETS DAY - November 3,20220 0 ins iting mobil lity
Slide 32: Consistent strategy since IPO
CONSISTENT STRATEGY SINCE MARKET & TECHNO = Market position in High Voltage & Automated Driving strengthened, e.g. awards for High Voltage with >€lbn total turnover = Leading lighting innovations, e.g. Front Phygital Shield, World Headlamp = Efficient portfolio "a 32 CAPITAL MARKETS DAY - November 3
Slide 33: Significant cost & revenue synergies with Faurecia
SIGNIFICANT COST & REVENUE SYNERGIES WITH FAURECIA FORVIA TARGETS REALIZATION LEVELS ESTIMATED BENEFITS 7 FOR HELLA Cost synergies = Individual synergy measures, 5 and % validated by joint Faurecia & optimization >200 HELLA teams and broken down Around 50% of into >1,000 detailed actions A >€250m »
Slide 34: Change already underway with significant results
CHANGE ALREADY UNDERWAY WITH SIGNIFICANT RESULTS Joint Purchasing 4 4 commodity strategies ae a pees beectices defined and in execution moperatons i Leveraging both parties Standard supplier panels beeinciee sitions and being rolled out; purchasing processes teams working as one Combining of real es
Slide 35: HELLA's POWER25 strategic priorities
STRATEGIC PRIORIT HELLA’S POWER25 IES DRIVE SALES GROWTH THROUGH INNOVATION & SUSTAINABILITY Leverage strong technology position in Electronics & Lighting Intensify local for local Grow business with Chinese OEMs (incl. new players) and expand in Americas Capture additional growth opportunities in L
Slide 36: HELLA's POWER25 strategic priorities
HELLA’S POWER25 STRATEGIC PRIORITIES DRIVE SALES GROWTH GENERATE STRONG CASH THROUGH INNOVATION & Et eee CONVERSION AND ACTIVELY SUSTAINABILITY MANAGE PORTFOLIO 2021 2025 2021 2025 2021 2025 6 >8.. = ~ hy, <6.3in > ><9.4on Adj. EBIT/ Adj. EBIT/ 1x A Revenues Revenues? Operating Operating NCF/sales N
Slide 37: Profitable growth backed by megatrends
PROFITABLE GROWTH BACKED BY MEGATRENDS & ATTRACTIVE POSITION IN CORE MARKETS Sales’ >€9.4bn €6.3bn 2021 2025e pro-forma ®@ Electronics ll Lifecycle Solutions MM Lighting +10% p.a. cacr * Before disposals 37. CAPITAL MARKETS DAY - November 3, 2022 » Market trends such as Electrification and ADAS will
Slide 38: Operational efficiency: key driver for profitability improvement
OPERATIONAL EFFICIENCY: KEY DRIVER FOR PROFITABILITY IMPROVEMENT Adj. EBIT/ OPERATING MARGIN* as Gotedion * Scale advantage through volume growth and higher selectivity in customer projects = Successful management of Lighting turnaround >8% » Atleast 80% pass-through of cost inflation 6% « Further r
Slide 39: Improvement of cash generation top priority
IMPROVEMENT OF CASH GENERATION TOP PRIORITY WITH A FOCUS ON WCR & CAPEX NCF as % of sales” ~h% -1% 2021 2025e pro-forma Profitability increase Decrease of Working Capital-to-sales ratio by ~1OObps per year between 2022 to 2025 with inventory reduction as key driver Reduction of tangible CAPEX-to-sal
Slide 40: Robust financial structure secures future business success
ROBUST FINANCIAL STRUCTURE SECURES FUTURE BUSINESS SUCCESS Gross Debt HELLA maturity profile (Aug 2022) €500m » Strong financing backbone with long-term maturity profile = Strong balance sheet with cash and cash €300m Caen) equivalents of €1bn = Renewed (undrawn) syndicated credit line €175m facilit
Slide 41: Robust HELLA targets for each POWER25 pillar
ROBUST HELLA TARGETS FOR EACH POWER25 P LLAR 2021-2025 SALES FROM €6.3bn To >€9.4bn = +10% p.a. CAGR 21-25 = Market outperformance by all Business Groups = 80% of 2025 sales already secured = 50% of sales outside of Europe et eT 2021-2025 OPERATING MARGIN FROM 6% To >8% = Volume and content growth =
Slide 42: Strategic priorities by business group
STRATEGIC PRIORITI as) BY BUSINESS GROUP FORVIA Inspiring mobility
Slide 43: Electronics
ELECTRONICS Bjorn Twiehaus, Member of HELLA Management Board HELLA Electronics Francois Tardif, Executive Vice-President Faurecia Electronics FORVIA Inspiring mobility
Slide 44: Strong complementary portfolios supporting profitable growth
STRONG COMPLEMENTARY PORTFOLIOS SUPPORTING PROFITABLE GROWTH ELECTRIFICATION SAFE & AUTOMATED DIGITAL & SUSTAINABLE & ENERGY MANAGEMENT DRIVING COCKPIT EXPERIENCES = Battery and Power Electronics = Radars and Sensors = Cockpit technologies and for 12V and 48V = X-by-Wire applications (e.g. “by softw
Slide 45: Top in attractive market segments through efficient portfolio management
TH TOP 3 IN ATTRACTIVE MARKET SEGMENTS ROUGH EFFICIENT PORTFOLIO MANAGEMENT ELECTRIFICATION & ENERGY MANAGEMENT = Based on recent awards, leverage leadership in Low Voltage to gain on sustainable positions in 1 5 eri High Voltage = Seize growth potential in fast-growing market with Coolant Control H
Slide 46: Software capabilities as foundation for increased profitability
SOFTWARE CAPABILITIES AS FOUNDATION FOR INCREASED PROFITABILITY Strong joint software capabilities... 3,000 software engineers including cybersecurity ~70% in best-cost country Global Software House #2 automotive apps platform after Google 46 CAPITAL MARKETS DAY - November 3, 2022 HELLA ..ensure com
Slide 47: Electronics POWER25: global presence with strong regional & customer footprint
47 ELECTRONICS POWER25 GLOBAL PRESENCE WITH STRONG REGIONAL & CUSTOMER FOOTPRINT Sales by customer region 2021 - HELLA ELECTRONICS 2021 - FAURECIA ELECTRONICS 2025 - FORVIA ELECTRONICS CAPITAL MARKETS DAY - November 3, 2022 Japan& China Rest of Asia Europe Americas Asia 5 Japan& (ctrl Rest of Asia E
Slide 48: Electronics POWER25: global R&D network
ELECTRONICS POWER25 GLOBAL R&D NETWORK WITH INCREASING BEST-COST COUNTRY SET-UP R&D Headcount Increase R&D efficiency best-cost countries 2021- HELLA ELECTRONICS a. = —*” = Increased workforce capabilities through skill-set development = Increased efficiency and effectiveness through joint electroni
Slide 49: Electronics POWER25: 1.8x sales growth by 2025 with optimized footprint
Americas Ss 5 2021 2025 Joint manufacturing footprint enables FORVIA to ELECTRONICS POWER25 1.8x SALES GROWTH BY 2025 WITH AN OPTIMIZED FOOTPRINT Manufacturing footprint Increased manufacturing efficiency Europe Footprint adaptations = Japan rightsizing = China consolidation = Mexico modernization =
Slide 50: HELLA Electronics: growth secured
ELECTRONICS POWER25 HELLA ELECTRONICS: GROWTH SECURED HELLA Electronics sales = Reinforced leadership in electrification components and automated driving based on €4.5bn mature and sustainable portfolio = Strengthened regional growth with emphasis on local-for-local approaches in China and North €2.
Slide 51: HELLA Electronics: improved profitability
ELECTRONICS POWER25 HELLA ELECTRONICS: IMPROVED PROFITABILITY HELLA Electronics Operating Margin as % of sales " R&D efficiency & effectiveness increase supported by HELLA Global Software House >8% 7.2% = Selective optimization of global footprint = Optimum utilization of plants = HELLA Electronics
Slide 52: Faurecia Electronics: mix rebalanced for profitability
ELECTRONICS POWER25 FAURECIA ELECTRONICS: MIX REBALANCED FOR PROFITABILITY Faurecia Electronics sales = Selectivity for profitability & strengthened position >€18bn on Automated Driving, Display Technologies and Cockpit Electronics = Rebalanced regional mix and increased global customer presence in
Slide 53: Faurecia Electronics: accelerating turnaround
ELECTRONICS POWER25 FAURECIA ELECTRONICS: ACCELERATING TURNAROUND Faurecia Electronics Operating Margin as % of sales 2021 Volume & mix Inflation Inflation Operational R&D efficiency Contingencies 2025e compensation performance & Synergies Product mix Japan R&D offshoring rightsizing in India & Chin
Slide 54: Electronics POWER25: key takeaways
ELECTRONICS POWER25 KEY TAKEAWAYS DRIVE SALES GROWTH THROUGH INNOVATION & SUSTAINABILITY From €3.5Bn to >€6.3Bn 2021-2025 = Strong order intake with booked business for 2025 = Sales synergies based on complementary OEM access = Growth driven by innovation & software ENHANCE PROFITABILITY & LOWER BRE
Slide 55: Interiors
INTERIORS Jean-Paul Michel, Executive Vice-President Interiors FORVIA Inspiring mobility Teen...
Slide 56: Well positioned to combine user experience & sustainability
WELL POSITIONED TO COMBINE USER EXPERIENCE & SUSTAINABILITY INSTRUMENT DOOR CENTER MATERI'ACT SAS INTERIOR PANELS PANELS CONSOLES MODULES =ORVIA 56 CAPITAL MARKETS DAY -Novernber3,20220 0s iring mobil ity
Slide 57: Consolidating #1 worldwide position
Emissions vehicles Changes in vehicle architecture and autonomous driving Increased technology content and value 57 CAPITAL MARKETS DAY - November 3, 2022 Focus on fast-growing sustainability and Zero use cases - driven by electrification and 21-25 Interiors market CAGR >6% pa. driven by BEV, China
Slide 58: Interiors POWER25: ambition market leader in sustainable cockpit experience
INTERIORS POWER25 OUR AMBITION: MARKET LEADER IN SUSTAINABLE COCKPIT EXPERIENCE INTERIORS 4.0 Be the global industry reference in terms of process automation & digitalization to boost our competitiveness Interiors 4.0 SURFACE ACTIVATION Integrate additional functionalities enabling a significant inc
Slide 59: Interiors 4.0 to boost competitiveness
INTERIORS POWER25 INTERIORS 4.0 TO BOOST COMPETITIVENESS Operating Margin as % of sales 7% 4.1% 2021 2025e 59 CAPITAL MARKETS DAY - November 3, 2022 Operating margin improvement Digital transformation & automation in manufacturing: €100+m yearly savings by 2025 30% reduction in non-quality costs and
Slide 60: Surface activation to increase premium content
INTERIORS POWER25 SURFACE ACTIVATION TO INCREASE PREMIUM CONTENT Interiors sales all >€6.3bn €4.6bn aaa ve Creating value through surface activation = New functions for individualized experiences: up to €250 per car = Additional content and financially accretive growth = Strong synergies with Lighti
Slide 61: Materi'act to drive sustainability & profitability
INTERIORS POWER25 MATERI'ACT TO DRIVE SUSTAINABILITY & PROFITABILITY MATERI'ACT sales We ACT for Sustainability Development of ultra-low CO, cutting-edge materials = Upto 85% CO, reduction versus current materials in the >€2bn fields of Compounds, Foils, Carbon Fibers and Steel = Leveraging 10 years
Slide 62: Interiors POWER25: key takeaways
INTERIORS POWER25 KEY TAKEAWAYS DRIVE SALES GROWTH ENHANCE PROFITABILITY GENERATE STRONG CASH THROUGH INNOVATION & & LOWER BREAKEVEN CONVERSION AND ACTIVELY SUSTAINABILITY MANAGE PORTFOLIO From €4.6bn to >€6.3bn sales From 4.1% to 7% OM Manage by cash —— 2021-2025 2021-2025 = Strong growth with BEVs
Slide 63: Seating
SEATING Frank Huber, Executive Vice-President Seating FORVIA [a Inspiring mobility
Slide 64: Global innovation & sustainability leader
GLOBAL INNOVATION & SUSTAINABILITY LEADER SEAT STRUCTURE 3 SYSTEMS 64 CAPITAL MARKETS DAY - November 3, 2022 COMPLETE SEATS =ORVIA Inspiring mobili ity
Slide 65: Seat structure systems ideally positioned to strengthen global leadership
SEAT STRUCTURE SYSTEMS IDEALLY POSITIONED TO STRENGTHEN GLOBAL LEADERSHIP Advanced portfolio of DB Global platf lizati *@ Global platform generalization Global footprint of | massified plants standard mechanisms & technologies @9 Regional value pools Ongoing scale-up on Regional major OEM developmen
Slide 66: Comfortable & compact seat structure
COMFORTABLE & COMPACT SEAT STRUCTURE THE MOST COMPACT FRONT SEAT PLATFORM ON THE MARKET ry \ ___ Advanced comfort and fast transition for AD use cases 40 kM additional EV range High compacity for more battery space Engineered for Global vehicle platforms with standard components 1a) '____ Silent pow
Slide 67: Complete seat: ready to drive business model transformation
67 COMPLETE SEAT READY TO DRIVE BUSINESS: MODEL TRANSFORMATION seating experiences Sustainability & circular economy CAPITAL MARKETS DAY - November 3, 2022 s_ Wehicle-based activity with = increased diversity Inflation and volume volatility | Advanced and customized Michigan project operational reco
Slide 68: Driving a sustainable seat future with regular and modular architectures
DRIVING A SUSTAINABLE SEAT FUTURE WITH REGULAR AND MODULAR ARCHITECTURES SEAT ARCHITECTURE REGULAR MODULAR _ SEAT FOR THE PLANET Sustainability & circularity SEAT FOR ME Individualization & upgradability DESIGN FREEDOM 68 CAPITAL MARKETS DAY - November 3, 2022
Slide 69: Sustainable modular seat
SUSTAINABLE MODULAR SEAT A KEY ENABLER TO BECOME #1 IN SUSTAINABLE COMPLETE SEAT Regular A Modular Dedicated multilayering \ Platform architecture for each vehicle development across vehicles & brands for shorter and more cost-efficient developments 120 components 10 techno modules Seq uenced delive
Slide 70: Sustainable modular seat: strong market engagement
SUSTAINABLE MODULAR SEAT STRONG MARKET ENGAGEMENT “It is a major enabler for sustainability” Sustainable purchasing VP at “Interesting for platform upfront German premium OEM “Key differentiator with visible savings and circular business sustainability branding, model” high CO2 reduction and Purchas
Slide 71: Seating POWER25: optimize mix for profitable growth
SEATING POWER25 OPTIMIZE MIX FOR PROFITABLE GROWTH Strengthening the product mix Regional rebalancing (2025) >€8bn €6.1bn Complete Seat - Seat Structures = 35% 43% 2021 2025e > +7% Pp.a. cacr CAGRoon2s +1% p.a. +3.6% p.a. +18.1% p.a. =ORVIA 7\ CAPITAL MARKETS DAY - November 3, 2022 Inspiring mobilit
Slide 72: Seating POWER25: restore benchmark profitability
SEATING POWER25 RESTORE BENCHMARK PROFITABILITY Operating Margin as % of sales 7% ~ 2021 Growth Growth Inflation Commercial FORVIA 2025e Seat Structures Complete Seat & operational Synergies and China incl. NA turnaround performance =ORVIA 72 CAPITAL MARKETS DAY - November 3, 2022 Inspiring mobility
Slide 73: Michigan project back on track
SEATING POWER25 MICHIGAN PROJECT BACK ON TRACK = Seat Structures transfer to massified plant in Mexico effective Jan. 2023 = Sustainable JIT set-up effective early 2023 =ORVIA 73 CAPITAL MARKETS DAY - November 3, 2022 Inspiring mobility
Slide 74: Seating POWER25: #1 in sustainable complete seats
SEATING POWER25 1IN SUSTAINABLE COMPLETE SEATS & SEAT STRUCTURE SYSTEMS Driving operational excellence toward strong cash conversion DRIVE SALES GROWTH THROUGH INNOVATION & SUSTAINABILITY From €6.lbn to > €8bn 2021-2025 Strong profitable growth in Seat Structure Systems & China Gain Complete Seat ma
Slide 75: Lighting
MIATA, +989—VAVAVAVAVAVA \4 wy LIGHTING AV avavavav 2 80s AVAVAVAVAV ee ndres, AV Member of HELLA Management Board ‘\ j Lighting Ay FORVIA 75 CAPITAL MARKETS DAY - November 3, 2022 Inspiring mobility
Slide 76: Lighting at the core of vehicle signature & safety
LIGHTING AT THE CORE CLE SIGNATURE & SAFETY OF VEH FRONT LIGHTING 76 CAPITAL MARKETS DAY - November 3, 2022 REAR LIGHTING y —\. @ = "SS — py) d INTERIOR LIGHTING =ORVIA Inspiring mobili ity
Slide 77: HELLA Lighting: technology leader
HELLA LIGHTING: TECHNOLOGY LEADER First-to-market micro- LED headlamp allowing to add new functions on demand Integration of functions, reduction of diversification, enabling further customization Digitalization of efficient FlatLight technology by integration of Smartglass display Seamless integrat
Slide 78: Well positioned in challenging market environment
WELL POSITIONED IN CHALLENGING MARKET ENVIRONMENT #1 player in electronic and software- based high-end LED solutions Among top 3 worldwide Top 5 market players representing 65% of total Lighting market 21-25 Lighting Technology leader market CAGR with high customer intimacy +6.8% p.a. and preferred
Slide 79: Lighting POWER25: rebalancing mix for profitable growth
LIGHTING POWER25 REBALANCING MIX FOR PROFITABLE GROWTH Enhancing customer portfolio with a strong momentum on EV (40% of order book) > €4.3bn €3.0bn = Beyond | c. 40% ic. 55% German OEMs 2021 2025e pro-forma +10% p.a. cacr 729 CAPITAL MARKETS DAY - November 3, 2022 Global scaling of innovations, in
Slide 80: We are transforming our business model
LIGHTING POWER25 WE ARE TRANSFORMING OUR BUSINESS MODEL STANDARDIZATION DRIVING MANUFACTURING NEW ECONOMICS COMPETITIVENESS r P Accommodate growth Less diversity Asia and North American plants = World headlamp concept enabling - 50% CAPEX & tooling cost and -10% production cost = Headlamps modules s
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