Sensata Technologies Holding Plc · NYSE:ST
Sensata Technologies — Investor Day (February 2022)
42 slides from Sensata Technologies's investor day presentation, Feb 22, 2022
Slide 1: Electrification Teach-In
Sensat Technologies Electrification Teach-In
Slide 2: Forward Looking Statements
Forward Looking Statements Safe Harbor Statement This presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as "may," "will," "could," "should," "expect," "
Slide 3: Presenters: Jeff Cote, Juan Picon, Vineet Nargolwala
Jeff Cote Juan Picon Vineet Nargolwala Chief Executive Officer, Executive Vice President, Executive Vice President, President Performance Sensing Automotive Sensing Solutions 3
Slide 4: About Sensata
About Sensata BY THE NUMBERS Global industrial $3.8B technology company 2021 revenues with 100+ years of experience in mission-critical design and innovation of sensor-rich solutions that create insights 21,000+ for our customers employees Market leader in automotive, appliance, 13 aircraft, industr
Slide 5: Sensata is strategically positioned to benefit from Electrification trends
Sensata is strategically positioned to benefit from Electrification trends $15B Electrification addressable market by 2030 accelerating due to lowered costs, increased regulations and rapidly evolving infrastructure Sensata is ahead of the curve leveraging our sensing and electrical safety and manag
Slide 6: Greenhouse Gas emissions by economic sector
Greenhouse Gas emissions by economic sector Transportation 14% Electricity and Heat Production 25% Energy Generation, Transportation, and Industry Industry are among the largest contributors of 21% GHG emissions globally, according Other Energy 10% to the EPA1 Agriculture, Forestry, Buildings and Ot
Slide 7: Transportation is the leading source of Greenhouse Gas emissions in the United States
Transportation is the leading source of Greenhouse Gas emissions in the United States 7,000 % of total 2019 US million metric tons of emissions CO2 equivalent 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Making electrifying mobility a critical solution Source: EPA Greenhouse Gas Inventory Explo
Slide 8: Why Electrification is accelerating
Why Electrification Battery Price, Cell and Pack $/kWh is accelerating $145 $145 Declining battery costs $95 Regulatory changes $70 Charging infrastructure growth - 52% CAGR 2020 2025E 2030E Pack Components Cell Costs 8
Slide 9: Why Electrification is accelerating
Why Electrification Euro 7 emissions regulations in 2025 is accelerating Declining battery costs China 6b emissions regulations in 2023 Regulatory changes Charging infrastructure growth EPA and US DOT light vehicle emissions standards 2026 fuel economy requirements raised to 55 mpg average Phase 2 e
Slide 10: Why Electrification is accelerating
Why Electrification is accelerating $145 $2.0 billion for EV charging from Electrify America1 Declining battery costs $7.5 billion Regulatory changes for build out of EV charging in the Infrastructure Bill Charging infrastructure growth 1 Electrify America, an electric vehicle DC fast charging netwo
Slide 11: Electrification is transforming our end markets at an accelerated pace
15% 34% of new light vehicles will of Truck be BEV Fleets Electrified 50% of Bus Fleets Electrified BY Electrification is transforming 2030 our end markets at an 2.4M $4B accelerated charging stations in the U.S. (>10x from 2020) size of eVTOL market pace 11
Slide 12: Revised BEV Forecasts
Revised BEV Forecasts e e BEV SHARE 50% 46% JAN 2022 40% 30% FEB 2021 20% JAN 2020 JAN 2019 10% a JAN 2018 JAN 2017 JAN
Slide 13: Over 70% of new electricity generation is coming from renewable sources
Over 70% of new electricity generation is coming from renewable sources Renewable Share of Annual Power Capacity Expansion GW Increase in non-renewables (GW) Share of new electricity Increase in renewables (GW) generating capacity Renewable share (%) Driving the need for energy storage to overcome i
Slide 14: Creating comprehensive electrification solutions
Creating comprehensive electrification solutions COMPONENTS SUBSYSTEMS / SYSTEMS $5B SAM by 2030 ENERGY STORAGE SOLUTIONS Components like Contactors, $2B SAM by 2030 Fuses and Sensors Combine components with Battery $8B SAM by 2030 Management Systems to create Combine High Voltage Distribution High
Slide 15: Targeting fast-growing addressable markets of $15.0 billion by 2030
Targeting fast-growing addressable markets of $15.0 billion by 2030 $15.0B $8.2B 0.4 Energy Storage Systems SAM, $8B 17% CAGR $3.6B Subsystems SAM, $2B Components SAM, $5B 2021 2026 2030 15
Slide 16: How We Win
How We Win Projecting +50% annual growth of Large, fast-growing end markets: Electrification revenue to $2B by 2026 Sensata is targeting $15B in addressable Sensata is strategically positioned organically and through markets by 2030 acquisitions to leverage rapidly scaling industry growth Electrific
Slide 17: Sensata's Electrification Product Capabilities
Sensata’s Electrification Product Capabilities
Slide 18: How Sensata is solving for the future
How Sensata is solving for the future High Voltage Needs Electrical System Design Key high voltage intellectual Leverage decades of low and property and engineering expertise high voltage electrical through extensive experience application knowledge Worldwide Network Partnering with automotive-grade
Slide 19: Carry-over Components
Carry-over Components Tire Pressure eee ee ene ee eee eee eee
Slide 20: Electric-specific Components
Electric-specific Components Mid-voltage High-voltage Contactors Shunt-based Current Sensor E-motor Position Sensors
Slide 21: Electric Motor Components
Electric Motor Componen s, . ,, Cooling Pressure ' . ’ , va
Slide 22: EV-upgraded Components
EV-upgraded Components J J J Thermal Management ass riniete Electro-mechanical & os © Braking
Slide 23: Battery Management Solutions solve sub-system requirements
Battery Management Solutions solve sub-system requirements Robust and certified battery management system with built-in functional safety and quality Enables flexibility and customization of battery charging profile Improvements in battery management system driven by acquisition of Lithium Balance 2
Slide 24: Steady and reliable power through power modules
Steady and reliable power through power modules 24
Slide 25: Electrical Protection & Control Components Combined Into High Voltage Distribution Units
Our Electrical Protection & Control Components Can Be Combined Into a Range of High Voltage Distribution Units ie y, Fon, s oe f 5, Auxiliary H } Contactor ‘ | > aa ae = ar eee LA Sy rd », DC Charge F i i Contactor —__--"" \ q ae .y ie H i \ } Main & Pre-charge “Contactors Der Se High Voltage Distri
Slide 26: Battery energy storage solutions across land, sea and air
Battery energy storage solutions across land, sea and air 26
Slide 27: How We Win
How We Win Robust technology portfolio Robust, turnkey solutions for an array of gives Sensata the market advantage customer needs Decades of Electrification expertise in advanced Sensata serves as a design partner for every stage components and systems ensures our success in new of development, fro
Slide 28: Where Sensata Wins in Electrification
Where Sensata Wins in Electrification
Slide 29: Proven solutions
Proven solutions Automotive Heavy Vehicle DC Fast Charging Marine Industrial Work Equipment Stationary Energy Storage Sensata Content per EV has the Aerospace potential to be DOUBLE that of ICE enabled by expanding component offering and upgrading of carry-over systems 29
Slide 30: Sensata's content per vehicle grows with increasing Electrification
Sensata’s content per vehicle grows with increasing Electrification BEV CPVs expected to be DOUBLE compared to Internal Combustion Engines (ICE) within five years Internal Combustion Engine Hybrid Vehicle Electric Vehicle ICE Components ICE + Electric Propulsion Components ICE + Electric Propulsion
Slide 31: Partnering with leading Auto OEMs to launch Battery Electric Vehicles
Partnering with leading Auto OEMs to launch Battery Electric Vehicles 31
Slide 32: Sensata's Automotive sector rises with Battery Electric Vehicle production growth
Sensata’s Automotive sector rises with Battery Electric Vehicle production growth Internal Combustion Production Electric Vehicle Production (Units) (Units) 70M units 25M units ~1% Sensata Automotive Electrification CAGR revenue grows +50% CAGR 2021-2026 as BEV content grows to TWICE that of other v
Slide 33: Components for Heavy Electric Vehicles
Components for Heavy Electric Vehicles og 8 gt ee Must Handle Megawatt Level Power Loads ° ome e° Electronic Charging Control Unit Contactor Main Current Contactors Sensor Pre-Charge High Voltage Contactors Distribution Units Fuse Thermal = Ry =) D tc oO 3 ® =
Slide 34: Proven solutions: DC Fast Charging
Proven solutions Automotive Heavy Vehicle DC Fast Charging Marine Industrial Work Equipment Stationary Energy Storage Paired Contactor and Fuse Solutions Aerospace enables DC fast charging to become more widespread and enable the growth of EVs worldwide 34
Slide 35: Proven solutions: Stationary Energy Storage
Proven solutions Automotive Heavy Vehicle DC Fast Charging Marine Industrial Work Equipment Safety, Energy Density, and Battery Stationary Energy Storage Life are improved through high voltage Aerospace distribution units and Lithium-ION battery packs following the acquisition of 35
Slide 36: Proven solutions: Lithium-ION batteries
Proven solutions Automotive Heavy Vehicle DC Fast Charging Marine Industrial Work Equipment Stationary Energy Storage Aerospace Lithium-ION batteries enable: - Faster charging at lower cost - Lower lifetime costs + maintenance - Significantly less CO2 than Lead Acid batteries - Robust battery manage
Slide 37: Proven solutions: Commercial and Industrial Energy Storage
Proven solutions Automotive Heavy Vehicle DC Fast Charging Marine Industrial Work Equipment Stationary Energy Storage Reduced energy costs, energy Aerospace resiliency, and greenhouse gas emissions advancements made through the growing capabilities of Commercial and Industrial Energy Storage 37
Slide 38: Proven solutions: Aerospace
Proven solutions Automotive Heavy Vehicle DC Fast Charging Marine Industrial Work Equipment Stationary Energy Storage Robust, energy-dense and safe design capabilities Aerospace in Energy Storage Solutions are vital for specialty transportation like Aerospace 38
Slide 39: How We Win
How We Win Sensata is actively working with proven Projected market of $15B by 2030 makes solutions in the Electrification market Electrification imperative for Sensata Across Land, Sea and Air, Sensata has partnered with OEMs, Sensata is leading, providing robust, sustainable solutions Tiers and Sy
Slide 40: Financial Growth Through Electrification
Financial Growth Through Electrification How Sensata Wins
Slide 41: We are building a $2.0B Electrification growth vector
We are building a $2.0B CO2 Reduction Electrification growth vector Storage Distribution ELECTRIFICATION Innovating in complex components, helping ECOSYSTEM customers transition to electrified solutions and rounding out our capabilities through acquisition should drive +50% Revenue Electric Vehicles
Slide 42: Q&A
Q&A