Aptiv Plc · NYSE:APTV
Aptiv — Investor Day (February 2023)
146 slides from Aptiv's investor day presentation, Feb 14, 2023
Slide 1: 2023 Investor Conference
February 14, 2023* APTIV 2023 Investor Conference * Updated as of March 3, 2023 to make certain immaterial clarifying edits in footnotes.
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: Agenda
Agenda 9:30 11:15 1:30 AM AM PM WELCOME BREAK CONCLUDE to Boston 45 min today’s event STRATEGIC OVERVIEW SUSTAINABILITY Q&A BUSINESS OVERVIEW FINANCIAL OVERVIEW 3 2023 Investor Conference | February 14, 2023 | Aptiv
Slide 4: Investing In The Future
INVESTING IN THE FUTURE DOING THE RIGHT THING, THE RIGHT WAY FIRST® inspires young people to be science and technology leaders and innovators by engaging them in exciting mentor-based programs that build science, engineering, and technology skills, that inspire innovation, and that foster well-round
Slide 5: Agenda
Agenda 9:30 11:15 1:30 AM AM PM WELCOME BREAK CONCLUDE to Boston 45 min today’s event STRATEGIC OVERVIEW SUSTAINABILITY Q&A BUSINESS OVERVIEW FINANCIAL OVERVIEW 5 2023 Investor Conference | February 14, 2023 | Aptiv
Slide 6: Strategic Overview
February 14, 2023 STRATEGIC OVERVIEW Kevin Clark Chairman and Chief Executive Officer
Slide 7: Uniquely Positioned To Create Long-Term Value
Uniquely Positioned To Create Long-Term Value UNIQUE PORTFOLIO AND EXECUTION FOCUS DELIVERING A TRACK RECORD OF OUTPERFORMANCE MEGATRENDS RIGHT STRATEGY, RIGHT UNIQUE FULL EXPANDING COMPETITIVE POSITIONED FOR ACCELERATING PORTFOLIO SYSTEM SOLUTIONS MOAT OUTPERFORMANCE Consumer expectations and Optim
Slide 8: Significant Tailwind From Megatrends To Date
Significant Tailwind From Megatrends To Date THE PACE OF TRANSITION TO SAFE, GREEN AND CONNECTED VEHICLES HAS OUTPACED EXPECTATIONS ACTIVE HIGH SOFTWARE APPLICATIONS & SMART VEHICLE SAFETY VOLTAGE BUILDING BLOCKS COMPUTE & SOFTWARE DEMOCRATIZATION OF SAFETY AND ACCELERATION IN HIGH VOLTAGE INCREASIN
Slide 9: Set The Right Strategy, Rigorously Executed
Set The Right Strategy, Rigorously Executed FOCUSED ON STRENGTHENING OUR FOUNDATION WHILE DRIVING CURRENT AND LONG-TERM GROWTH Recall: Represents Aptiv’s strategic drivers as of 2017 / 2018 • Built top-tier automated mobility technology capabilities and commercialization ecosystem FUTURE PLATFORMS A
Slide 10: Anticipated Adoption Of Advanced Architectures
Anticipated Adoption Of Advanced Architectures UNDERSTOOD MARKET AND CUSTOMER NEEDS; EXECUTION DROVE COMMERCIAL SUCCESS “Hardware-Defined” “Software-Defined” FUNCTION (LEGACY) DOMAIN ZONE SERVERIZATION (FULL SVA™) Incremental mechatronic approach to Support for significant new Reduce physical comple
Slide 11: Built The Right Portfolio
Built The Right Portfolio INTELLIGENT CAPITAL DEPLOYMENT LEVERAGING ORGANIC AND INORGANIC INVESTMENTS 2011 Exited Thermal, Mechatronics, Reception Systems 2014 2017 2022 IPO Cloud / Offboard Pre-production vehicle data Edge platforms for connected vehicles Fleet analytics Services Cloud Internal Dev
Slide 12: Built The Right Capabilities
Built The Right Capabilities MORE RESILIENT BUSINESS, LEVERAGING GLOBAL WORKFORCE AND HIGH-PERFORMANCE CULTURE THE RIGHT TALENT IN THE RIGHT LOCATIONS GLOBAL FOOTPRINT AND CAPABILITIES • 131 manufacturing facilities supporting in-region, for-region production and supply chain Hourly Workforce Engine
Slide 13: Created The Only Full Systems Solution Partner
Created The Only Full Systems Solution Partner UNIQUELY POSITIONED WITH SOLUTIONS ACROSS ALL DOMAINS Tech Stack User Powertrain / ADAS Body Select Customer / Program Highlights Yesterday Experience Chassis Cloud / Offboard Services Cloud Providing full-stack, scalable ADAS platform LARGE DevOps supp
Slide 14: Execution Of Strategy Created Value
Execution Of Strategy Created Value APTIV HAS OUTPERFORMED COMPETITORS THROUGHOUT THE CYCLE AND UNPRECEDENTED DISRUPTION RECORD BOOKINGS CONTINUED STRONG GROWTH SHAREHOLDER VALUE Reflects expanding competitive moat and industry Portfolio of advanced technologies launched on Execution of our strategy
Slide 15: Megatrends Will Continue To Accelerate
Megatrends Will Continue To Accelerate NEW TECH REQUIREMENTS RESULT IN $75B TAM EXPANSION FROM FAST-GROWING PRODUCT LINES Total Addressable Market ($ Billions) ACTIVE HIGH SW APPS & BUILDING SMART VEHICLE SAFETY VOLTAGE BLOCKS COMPUTE & SW 2017 $12 $2 $4 $0.5 2022 $23 6% $11 20% $7 11% $4 28% CAGR C
Slide 16: Strategy Supports Path To 2030
Strategy Supports Path To 2030 DRIVING SUSTAINABLE OUTPERFORMANCE TODAY AND IN THE FUTURE STRATEGY STAYS THE SAME TECHNOLOGY & CAPABILITY AREAS EVOLVE Executing on current platforms and strengthening our business Leveraging full system capabilities and investments to capitalize on market and foundat
Slide 17: Vehicle Architecture Evolution To 2030 Car
Vehicle Architecture Evolution To 2030 Car SVA™ HARDWARE BEING COMMERCIALIZED; INDUSTRY DISRUPTION AROUND SOFTWARE ACCELERATING “Hardware-Defined” “Software-Defined” “Cloud-Native” FUNCTION (LEGACY) DOMAIN ZONE SERVERIZATION (FULL SVA™) INTELLIGENT EDGE Incremental mechatronic Support for significan
Slide 18: Strengthening Operating Model
Strengthening Operating Model RIGHT PEOPLE EMPOWERED WITH THE RIGHT PROCESSES & TOOLS TO BEST SERVE OUR CUSTOMERS Enhancing Aptiv’s Operating Model ORGANIZATION PROCESSES TOOLS creates value for our customers and Design of Team Structure, Internal Networks Ways of Working, End-to-End Value Chains Da
Slide 19: Operational Excellence & Resiliency
Operational Excellence & Resiliency SUPPORTING CUSTOMERS AND CAPITALIZING ON THE CHANGING ENVIRONMENT TRACK RECORD OF EXECUTION DISRUPTION THE NEW NORMAL; RESILIENCY INCREASINGLY A COMPETITIVE ADVANTAGE Flawless quality & delivery on a global basis while Supported by a combination of proactive initi
Slide 20: Application Software & Building Blocks
Application Software & Building Blocks MODULAR, ABSTRACTED SW ENABLING ADVANCED FEATURES WITH WELL-DEFINED SDKs AND APIs GEN 6 ADAS PLATFORM SCALABLE INTEGRATED COCKPIT BATTERY MANAGEMENT SYSTEM FOR HANDS-FREE & AUTOMATED DRIVING FOR ENHANCING USER EXPERIENCE FOR FASTER CHARGING & BETTER RANGE Apply
Slide 21: Optimized Next-Gen Hardware Architectures
Optimized Next-Gen Hardware Architectures CORE CAPABILITIES IN POWER, DATA AND COMPUTE POSITION APTIV AT THE POINT OF CONTENT AGGREGATION Reduced Weight & Mass from eliminated component overhead Software, Apps and Services Easier to Assemble Central Vehicle Controller for lower labor and factory flo
Slide 22: Continued Expansion Into Adjacent Markets
Continued Expansion Into Adjacent Markets APPLICATION OF EXISTING SOLUTIONS TO ADDITIONAL MARKETS WITH SIMILAR NEEDS TO DRIVE GROWTH Cloud / Offboard DEVOPS TOOLCHAIN FOR TELECOM Other markets with similar needs and Services • Wind River Studio Gallery Cloud technology trends • Wind River Conductor
Slide 23: Commercializing Autonomy At All Levels
Commercializing Autonomy At All Levels ALIGNING APTIV MODULAR ARCHITECTURE TO SCALE ACROSS ALL LEVELS OF AUTONOMY + Automated Driving on Continuum of Adv Safety Level 0 Level 1/2 Level 2+ Level 3 Level 4/5 Aptiv’s portfolio enables efficient investment in scalable ADAS solutions while monetizing L4/
Slide 24: Cloud-Native Software Portfolio
Cloud-Native Software Portfolio ACCELERATING THE TRANSFORMATION TO SOFTWARE-DEFINED VEHICLES WITH WIND RIVER DEVELOP DEPLOY OPERATE Industry’s first highly-automated RTOS, hypervisor and middleware Vehicles virtualized in the cloud GLOBAL LEADER IN INTELLIGENT software build & test solutions to enab
Slide 25: Positioned For Emerging Intelligent Edge
Positioned For Emerging Intelligent Edge UNIQUE EDGE-TO-CLOUD PORTFOLIO AS VEHICLE BECOMES PART OF IOT ECOSYSTEM DEVICE EDGE PREMISE EDGE TELECOM NETWORK CLOUD & DATA CENTERS Ex: End device / Radar Sensor Ex: In-Vehicle Compute / ADAS Domain Controller Regional Core and Access Edge Automotive radar
Slide 26: Full System Portfolio Increasingly Valuable
Full System Portfolio Increasingly Valuable LEVERAGING BRAIN & NERVOUS SYSTEM CAPABILITIES TO DELIVER MODULAR AND OPTIMIZED SOLUTIONS Tech Stack User Powertrain / Today ADAS Experience Body Chassis Cloud / Offboard Services Cloud Wind River Studio Industry’s first end-to-end, cloud-native DevOps pla
Slide 27: Aptiv: The Only Full System Solutions Provider
Aptiv: The Only Full System Solutions Provider UNMATCHED CAPABILITIES FROM EDGE-TO-CLOUD AND ACROSS ALL DOMAINS Multi-Domain Harness Connector SoC Consumer/ Tier1s Suppliers Suppliers Providers Enterprise SW Cloud / Offboard • Data acquisition and analysis solutions Services • ML-based simulation &
Slide 28: Positions Aptiv For Significant Content Growth
Positions Aptiv For Significant Content Growth BEST POSITIONED PORTFOLIO TO ADDRESS GROWING MARKET OPPORTUNITIES PORTFOLIO ALIGNED WITH KEY INDUSTRY TRENDS DRIVING CORE ADDRESSABLE MARKET … AND ADDITIONAL UPSIDE ~50% CONTENT INCREASE INCREASES 70% BY 2030… BEYOND CORE MARKETS Aptiv Total Content Per
Slide 29: Aptiv 2030 Vision: Sustainable Value Creation
Aptiv 2030 Vision: Sustainable Value Creation EXECUTION OF STRATEGY LEADS TO A MORE RESILIENT, FASTER GROWING, MORE PROFITABLE BUSINESS Strategy & portfolio aligned to the safe, green and Disruption creating demand for optimized, Continued execution with the right connected megatrends has resulted i
Slide 30: Who You Will Hear From Today
Who You Will Hear From Today Matthew Cole Glen De Vos Obed Louissaint Senior Vice President, Advanced Senior Vice President, Senior Vice President and Chief Safety & User Experience Transformation People Officer and Special Programs Bill Presley Avijit Sinha Kate Ramundo Senior Vice President and Ch
Slide 31: Advanced Safety & User Experience: Advancing The Brain
February 14, 2023 ADVANCED SAFETY & USER EXPERIENCE: ADVANCING THE BRAIN Matthew Cole Senior Vice President Advanced Safety & User Experience
Slide 32: Advanced Safety & User Experience
Advanced Safety & User Experience MEGATRENDS ACCELERATING RIGHT STRATEGY, RIGHT UNIQUE FULL SYSTEMS EXPANDING DRIVING PROFITABLE GROWTH PORTFOLIO SOLUTIONS COMPETITIVE MOAT High Performance Compute Solutions Leader In AI/ML For Mobility Productized Solutions • Industry leader across all major domain
Slide 33: Industry In Transition
Industry In Transition TAILWIND FROM BOTH HARDWARE AND SOFTWARE ADDRESSABLE MARKET GROWTH COMPUTE UP- DEMOCRATIZATION OF TRANSITION TO AS&UX TOTAL ADDRESSABLE MARKET INTEGRATION ADVANCED TECH SW-DEFINED $ billions, 2022 – 2030 CAGR 10% CAGR $96 22% MW/OS 9% CAGR SW Apps & 11% Building Blocks • Up-in
Slide 34: Business Foundation
Business Foundation GLOBAL SCALE AND DEEP EXPERTISE COMPLEMENTED BY ENHANCED OPERATING MODEL PEOPLE OPERATIONAL EXCELLENCE SUPPLY CHAIN RESILIENCY COMMERCIAL EXCELLENCE NEW INDIA TECH CENTER ADOPTING WIND RIVER TOOLS PRODUCT REDESIGNS STRENGTHENING CAPABILITIES Expanding engineering capabilities and
Slide 35: AS&UX Product Portfolio
AS&UX Product Portfolio DEEP EXPERTISE IN SOFTWARE, PERCEPTION AND CENTRALIZED COMPUTING PLATFORMS ACTIVE USER SMART VEHICLE COMPUTE SAFETY EXPERIENCE & SOFTWARE ADVANCED SAFETY INTERIOR SENSING HIGH PERFORMANCE COMPUTE Base software and feature functions for advance vehicle Software offerings for i
Slide 36: Enabling Optimized And More Reliable ADAS
Enabling Optimized And More Reliable ADAS ENABLING ADVANCED FEATURES WITH GREATER AVAILABILITY, ROBUSTNESS AND EFFICIENCY Integration of advanced software and hardware delivers equal or better system performance at as much as 25% lower cost than an APTIV GEN 6 ADAS equivalent vision-based system L2/
Slide 37: Scalable ADAS Across All Levels Of Autonomy
Scalable ADAS Across All Levels Of Autonomy FEWER COMPETITORS FOR HIGHER LEVELS OF ACTIVE SAFETY FOCUS ON HIGH GROWTH ADAS PENETRATION AREAS L0 / L1 L2 L2+ L3 (Low Speed) L3 (All Speed) L4 Radar perception Camera perception Perception System Surround view perception LiDAR perception Policy software
Slide 38: Continued Innovation In User Experience
Continued Innovation In User Experience SENSING, COMPUTE AND SOFTWARE CAPABILITIES THAT ENABLE FEATURE-RICH AND OPEN PLATFORMS COCKPIT SOLUTIONS • First-to-market with Integrated Cockpit Controllers • First-to-market with native Android Auto solutions • Industry leader in SW building blocks and appl
Slide 39: High Performance Compute
High Performance Compute UP-INTEGRATION INTO ZONAL & CENTRALIZED COMPUTE; APTIV AT THE POINT OF CONTENT AGGREGATION Aptiv Compute, CPV Level of POWER DATA CENTER (PDC) Up-Integration OSP CVC Power / Body control, sensor data pre-processing / SVA concentration, ADAS camera perception, low $900+ laten
Slide 40: Smart Vehicle Compute Requires Full Stack Capabilities
Smart Vehicle Compute Requires Full Stack Capabilities DELIVERING OPEN SCALABLE PLATFORMS FOR INCREASINGLY COMPLEX SOFTWARE-DEFINED SOLUTIONS MONOLITHIC CLOUD-NATIVE EXAMPLE (Simplified) CROSS-DOMAIN EXPERTISE L3 DRIVER HANDS-OFF Cloud / Offboard Uniting diverse applications across the full vehicle
Slide 41: Uniquely Positioned Within The Industry
Uniquely Positioned Within The Industry APTIV THE ONLY PROVIDER CAPABLE OF COMPREHENSIVELY SUPPORTING FULL STACK SOLUTIONS Multi-Domain Tier 1s SoC Providers Cons / Enterprise SW Cloud Providers End-to-End full stack offerings Strong focus on multi-domain Narrow focus on ADAS / Info Narrow focus on
Slide 42: Advanced Safety & User Experience Summary
Advanced Safety & User Experience Summary EFFICIENTLY SUPPORTING DOUBLE-DIGIT GROWTH; PATH TO 13%+ OI MARGINS BY 2025 LONG TERM TARGETS Revenue ($ billions), OI Margin ~14% CONTINUED STRONG GROWTH WITH HIGHER MIX OF SOFTWARE SALES GoM1 • Highly relevant portfolio in centralized compute, advanced saf
Slide 43: Signal & Power Solutions: Optimizing The Nervous System
February 14, 2023 SIGNAL & POWER SOLUTIONS: OPTIMIZING THE NERVOUS SYSTEM Bill Presley Senior Vice President and Chief Operating Officer, and President, Signal & Power Solutions
Slide 44: Signal & Power Solutions
Signal & Power Solutions MEGATRENDS ACCELERATING RIGHT STRATEGY, RIGHT UNIQUE FULL SYSTEMS EXPANDING DRIVING PROFITABLE GROWTH PORTFOLIO SOLUTIONS COMPETITIVE MOAT Optimized Architectures Aligned To SVA™ Increasing Data / Power Balanced OEM/Platform Mix • Supporting feature rich, highly automated ve
Slide 45: Industry In Transition
Industry In Transition GLOBAL ELECTRIC VEHICLE PENETRATION INCREASING FASTER THAN PREVIOUSLY EXPECTED ACCELERATING MINIATURIZATION & RESILIENCY & S&PS TOTAL ADDRESSABLE MARKET ELECTRIFICATION AUTOMATION SUSTAINABILITY $ Billions 2030 Global Penetration 6% Rates1 CAGR Aptiv IHS 4% $120 50% 62% CAGR D
Slide 46: Business Foundation
Business Foundation STRONG AND FLEXIBLE OPERATING MODEL WITH GLOBAL SCALE PEOPLE OPERATIONAL EXCELLENCE SUPPLY CHAIN RESILIENCY COMMERCIAL EXCELLENCE EXPERTISE UP-SKILLING BEST-IN-CLASS QUALITY RISK MANAGEMENT PARTNER-OF-CHOICE Expanding workforce expertise to address Significant volume production w
Slide 47: Broadest Portfolio Of Architecture Solutions
Broadest Portfolio Of Architecture Solutions GLOBAL LEADER IN OPTIMIZED, NEXT GENERATION ARCHITECTURE SOLUTIONS ARCHITECTURE OPTIMIZATION HIGH VOLTAGE POWER MGMT INTERCONNECTS Full system capabilities enable more functionality while Architecture electrification solutions, including battery Comprehen
Slide 48: High Voltage Busbars
High Voltage Busbars EFFICIENT PACKAGING FOR HIGH POWER APPLICATIONS INSIDE AND OUTSIDE THE BATTERY PACK HIGHLY EFFICIENT GREATER CAPACITY Lower profile design can be formed at Significant heat dissipation capability enables tighter angles, more precisely, for easier busbars to support higher curren
Slide 49: Integrated Power Electronics & BMS
Integrated Power Electronics & BMS LEVERAGES COMPUTE AND SOFTWARE EXPERTISE TO STRENGTHEN INDUSTRY LEADING PORTFOLIO Remote Battery Health Monitoring / Alerts, Lifecycle Insights and Feedback Loop RESULTING IN NEW VALUE CREATION Cloud / Offboard BMS Cloud Services Battery • Vehicle / Fleet Analytics
Slide 50: Optimized Architectures Aligned To SVA
Optimized Architectures Aligned To SVA™ ENABLING A SYSTEM THAT IS SMALLER, LIGHTER, MORE ECONOMICAL AND FASTER TO MARKET HV MODULAR BUSBARS APTIV THE ONLY ARCHITECTURE PROVIDER CAPABLE OF OPTIMIZING AT A FULL Optimized and automatable busbar technology in its 7th generation SYSTEM LEVEL • Broadest p
Slide 51: Aptiv: The Only Full Systems Solutions Provider
Aptiv: The Only Full Systems Solutions Provider UNMATCHED CAPABILITIES ACROSS HV AND LV INTERCONNECTS AND WIRING SYSTEM SOLUTIONS Technology / Capability Building Blocks Cable Wiring Harness Interconnect Busbar Other Automotive Management Cloud / Offboard Suppliers Suppliers Suppliers Suppliers Supp
Slide 52: Signal & Power Solutions Summary
Signal & Power Solutions Summary OPTIMIZED SOLUTIONS SUPPORT INDUSTRY TRANSFORMATION AND CONTINUED PROFITABLE GROWTH LONG TERM TARGETS Revenue ($ billions), OI Margin 5-7% FEATURE-RICH, ELECTRIFIED VEHICLES PROVIDE TAILWIND FOR GROWTH GoM1 • Optimized, full system High Voltage solutions enabling fas
Slide 53: Smart Vehicle Architecture Hardware
February 14, 2023 SMART VEHICLE ARCHITECTURE™ HARDWARE Christian Schäefer Vice President, Advanced Vehicle Architecture
Slide 54: SVA Objectives
SVA™ Objectives CREATING VALUE THROUGH DIFFERENTIATED SOLUTION ADDRESSING THREE KEY OBJECTIVES SVA™: A FLEXIBLE AND SCALABLE PLATFORM DESIGNED TO SIMPLIFY UNITE EMPOWER Vehicle System, Diverse Applications OEMs to Fully Control Function Complexity and Across the Full Vehicle Lifecycle the User Exper
Slide 55: SVA Design Philosophy
SVA™ Design Philosophy THREE FUNDAMENTAL PRINCIPLES DIFFERENTIATE SVA™ ABSTRACT SEPARATE ENABLE Software From Hardware Input / Output From Compute “Serverization” of Compute 55 2023 Investor Conference | February 14, 2023 | Aptiv
Slide 56: Explore our augmented reality SVA skateboard
Want to see more? Explore our augmented reality SVA skateboard. 56 2023 Investor Conference | February 14, 2023 | Aptiv
Slide 57: Lowering Hardware Total Cost Of Ownership
Lowering Hardware Total Cost Of Ownership SVA™ LOWERS COSTS FOR OEMS WHILE INCREASING APTIV CONTENT Total Content per Vehicle ($) OEM Cost Savings -10% +30% Aptiv Addressable Content ADDITIONAL INDIRECT COST SAVINGS FOR OEMs THROUGH: • Lower system integration and testing costs • Labor savings to in
Slide 58: Future Platforms
February 14, 2023 FUTURE PLATFORMS Glen De Vos Senior Vice President, Transformation and Special Programs
Slide 59: Future Of Mobility Is Safe, Green, Connected
Future Of Mobility Is Safe, Green, Connected VEHICLE EVOLUTION BEYOND 2025 SAFE GREEN CONNECTED STRONG Highly Automated Fully Electrified Software-Defined, Cloud-Native TECHNOLOGY L3 or higher, on path to full autonomy 100% Battery Electric Vehicle with extended Features and functions from SW, with
Slide 60: Vehicle Architecture Evolution To 2030 Car
Vehicle Architecture Evolution To 2030 Car SVA™ HARDWARE BEING COMMERCIALIZED; INDUSTRY DISRUPTION AROUND SOFTWARE ACCELERATING “Hardware-Defined” “Software-Defined” “Cloud-Native” FUNCTION (LEGACY) DOMAIN ZONE SERVERIZATION (FULL SVA™) INTELLIGENT EDGE Incremental mechatronic Support for significan
Slide 61: The Case For Change
The Case For Change CURRENT APPROACH IS UNSUSTAINABLE AND WILL NOT UNLOCK THE SOFTWARE DEFINED VEHICLE MONOLITHIC APPROACH TO SOFTWARE DEVELOPMENT Cumulative Cost Over Multiple Programs • Traditional monolithic architecture and DevOps environments lead to increasing cost and complexity SW Developmen
Slide 62: The 2030 Electrified, Cloud-Native Car
The 2030 Electrified, Cloud-Native Car INNOVATIONS TO UNLOCK CUSTOMER BENEFITS Edge-To-Cloud DevOps Platform Cloud / Offboard • Faster speed to market and lower development, testing and validation costs Services • Scales and streamlines management of deployed software Cloud • Simulates and identifie
Slide 63: Serverized Compute And Microservices
Serverized Compute And Microservices HW VIRTUALIZED INTO SHAREABLE COMPUTING RESOURCES, DECOUPLING SW FROM HW SPECIFICATIONS Telecom move to 5G accelerating virtualization of network Market Precedent infrastructure, driving transformation from closed, hardware- defined systems to open, software-defi
Slide 64: Modular, Containerized Software Applications
Modular, Containerized Software Applications “SOFTWARE FIRST” APPROACH WITH FLEXIBILITY AND SCALABILITY Market Precedent Over 60% of backend developers across multiple industries use containers to build and deploy software applications today* Technology / Capability Building Blocks Modularized Break
Slide 65: Edge-To-Cloud DevOps Platform
Edge-To-Cloud DevOps Platform END-TO-END SW PLATFORM THAT MODERNIZES AND ACCELERATES SW DEVELOPMENT AND DEPLOYMENT Market Precedent Aerospace & Defense DOD JADC2* initiative connected all sensors into a single network with an end-to-end cloud-native platform with Kubernetes orchestration Technology
Slide 66: The Value Of A Modern Architecture
The Value Of A Modern Architecture 50%+ COST SAVINGS OVER THE LIFECYCLE OF THE VEHICLE MONOLITHIC APPROACH TO SOFTWARE DEVELOPMENT MODERN APPROACH TO SOFTWARE DEVELOPMENT Cumulative Cost Over Multiple Programs OEM Cost Savings SW Development & integration costs SW OTA update costs SW warranty spend
Slide 67: Aptiv Uniquely Positioned To Enable Evolution
Aptiv Uniquely Positioned To Enable Evolution NO OTHER COMPANY HAS ALL THE NECESSARY CAPABILITIES REQUIRED TO REALIZE 2030 VISION Multi-Domain Harness / Conn Auto-Embedded Consumer/ Technology / Capability Building Blocks Aptiv SoC Providers Cloud Vendors Tier 1s* Suppliers SW Enterprise SW Digital
Slide 68: Aptiv Will Enable The 2030 Car
Aptiv Will Enable The 2030 Car TRUSTED TECHNOLOGY PARTNER WITH THE NECESSARY CAPABILITIES AT EVERY LAYER OF THE STACK THE FUTURE OF MOBILITY IS FULLY TECHNOLOGY AND CAPABILITY APTIV IS UNIQUELY POSITIONED TO LEAD ELECTRIFIED READINESS IS REQUIRED TO ENABLE NEW THIS TRANSITION, RESULTING IN AND CLOUD
Slide 69: Next-Gen Software Architecture & Tools
February 14, 2023 NEXT-GEN SOFTWARE ARCHITECTURE & TOOLS Avijit Sinha Chief Product Officer, Wind River
Slide 70: Wind River Introduction
Wind River Introduction LEADING SOFTWARE PROVIDER FOR MISSION-CRITICAL INTELLIGENT CONNECTED SYSTEMS GLOBAL LEADER IN DELIVERING SOFTWARE FOR Aerospace & Defense Telecom Industrial & Medical Auto & other INTELLIGENT CONNECTED SYSTEMS, OFFERING A COMPREHENSIVE, EDGE-TO-CLOUD SOFTWARE PORTFOLIO • Tech
Slide 71: Wind River Studio
Wind River Studio FIRST END-TO-END SOLUTION SPANNING ENTIRE DEVOPS CYCLE, COVERING BOTH VEHICLE AND CLOUD Data and digital twin leveraged to improve software DEVELOP DEPLOY OPERATE Fast and secure development and Seamless and secure deployment of Vehicle data sent to the cloud to testing of software
Slide 72: Next-Gen Software Architecture & Tools
Next-Gen Software Architecture & Tools CLOUD-NATIVE MIDDLEWARE AND END-TO-END DEVOPS PLATFORM TO ENABLE SW-DEFINED VEHICLES Cloud / Offboard DEVELOP DEPLOY OPERATE Services Studio Gallery VxWorks RTOS Wind River Conductor Native access to common auto SW Only RTOS that can run containers at the edge
Slide 73: 2023 Investor Conference | February 14, 2023 | Aptiv
73 2023 Investor Conference | February 14, 2023 | Aptiv
Slide 74: Significant Software Savings Potential
Significant Software Savings Potential BENCHMARKING BASED ON LARGE OEM SOFTWARE PROGRAM SUGGESTS ~25% TOTAL SAVINGS EXPECTED COST BENEFITS OF WIND RIVER SOLUTIONS SAVINGS DEVELOP Containerization isolates software components, increasing Software development costs SW re-use and lowering development &
Slide 75: Benefits Across Industries
Benefits Across Industries SIGNIFICANT ADOPTION AND BENEFITS ACROSS DIFFERENT INDUSTRIES FOR SOFTWARE DEFINED FUTURE NEAR FUTURE CUSTOMERS TO REALIZE FULL BENEFITS TELECOMMUNICATIONS First fully First fully automated far edge cloud for 5G NEAR TERM virtualized network for 5G rollout CONTINUED INNOVA
Slide 76: WNDIKVI8
WNDIKVI8
Slide 77: Partner Of Choice
v3 February 14, 2023 PARTNER OF CHOICE Josie Archer Senior Vice President, Global Sales
Slide 78: Aptiv: A Trusted Technology Partner
Aptiv: A Trusted Technology Partner ROBUST CAPABILITIES TO SUPPORT DEEP CUSTOMER COLLABORATION - TODAY AND THE FUTURE Industry / Technology Trends Building on Aptiv Strengths Today Areas of Emphasis For The Future ACCELERATED UP-INTEGRATION FULL SYSTEM INSIGHTS PRODUCTIZED SOLUTION SALES Larger scal
Slide 79: Account-Based Approach
Account-Based Approach TAILORED, CUSTOMER SPECIFIC ENGAGEMENT AT ALL PHASES OF THE PROGRAM LIFECYCLE EARLY & ONGOING ENGAGEMENT CROSS-FUNCTIONAL APPROACH SUPPLY CHAIN RESILIENCY Regular contact at all levels of the organization, across both Software offerings for in-cabin sensing; fusion of interior
Slide 80: Customer Engagement Model
Customer Engagement Model EARLY ENGAGEMENT AND FREQUENT CUSTOMER INTERACTIONS CREATING MORE OPPORTUNITIES ACCOUNT-BASED APPROACH LEVERAGING PRODUCTIZED SOLUTIONS EARLY ENGAGEMENT RELATIONSHIP NPS (Aptiv Overall) • Dedicated “One Aptiv” Global Account Director • Account-level NPS to enhance customer
Slide 81: "One Aptiv" Model In Action
“One Aptiv” Model In Action CREATING EXCEPTIONAL VALUE FOR CUSTOMERS AND APTIV Insights Into Future Challenges Enabling the Software-Defined Vehicle Enabling the Cloud-Native Vehicle L4 AD & BEV SVA™ Thought Leadership, Advanced Development and Engagement Pursuits Cloud-Native Thought Leadership Exp
Slide 82: Commercial Excellence Driving Future Success
Commercial Excellence Driving Future Success MONETIZING THE VALUE CREATED BY APTIV’S UNIQUE SOLUTIONS BOOKINGS TRUSTED TECH PARTNER FOR INDUSTRY LEADING SOLUTIONS Lifetime Gross Program Revenues, $ billions $32 ~$32 SVA™ $24 HIGH VOLTAGE FULL SYSTEM FLEXIBLE BUSINESS IN-REGION, OPEN PLATFORMS $22 AC
Slide 83: Sustainability In Motion
February 14, 2023 SUSTAINABILITY IN MOTION Obed Louissaint Senior Vice President & Chief People Officer Kate Ramundo Senior Vice President, Chief Legal Officer, Chief Compliance Officer & Secretary
Slide 84: Aptiv Sustainability Strategy
Aptiv Sustainability Strategy SUSTAINABILITY AT THE VERY CORE OF DELIVERING LONG-TERM PERFORMANCE AND COMPETITIVE DIFFERENTIATION OUR FRAMEWORK FOR DELIVERING ON OUR MISSION MISSION APPROACH IMPACT Why we do what we do How we do business Our effect on the world SAFE PEOPLE PARTNER OF CHOICE A future
Slide 85: People
200,000+ TOTAL WORKFORCE 155,000 MANUFACTURING 22,000 ENGINEERS & SCIENTISTS 17,000 QUALITY & SUPPLY CHAIN MGMT 8,000 ENABLEMENT FUNCTIONS PEOPLE Foster safer, more inclusive and high performing workplaces ATTRACT, DEVELOP & DIVERSITY, EQUITY COMMUNITY ENGAGEMENT & HEALTH & SAFETY RETAIN THE BEST TA
Slide 86: The Right Capabilities In The Right Places
The Right Capabilities In The Right Places PEOPLE ATTRACTING, DEVELOPING AND RETAINING THE BEST TALENT TO DELIVER OUR 2030 VISION STRENGTHENING TECHNICAL CAPABILITIES THROUGH AROUND THE WORLD WE FOCUS ON UNIVERSITY BROADENDING APTIV’S SOFTWARE TALENT BASE ENGAGEMENT & RECRUITMENT Photo: Aptiv India
Slide 87: Culture Highly Aligned To Business Strategy
Culture Highly Aligned To Business Strategy PEOPLE Deliver safe, green and connected technologies that MISSION enable the future of mobility The right people organized in the right way to VISION create sustainable long-term value Empowered to deliver innovation, continuous improvement, leveraging di
Slide 88: Valuing Diversity, Equity & Inclusion
Valuing Diversity, Equity & Inclusion PEOPLE IN OUR WORKFORCE, MARKETS AND COMMUNITIES GENDER DIVERSITY % women of total workforce OUR APPROACH REPRESENTATION 47% 49% 50% 50% Attract and retain world-class talent that 2022 PROGRESS 50% looks to thrive in a culture of excellence and innovation ENGAGE
Slide 89: Employee Well-Being Drives Engagement & Productivity
Employee Well-Being Drives PEOPLE Engagement & Productivity INITIATIVES 2022 PROGRESS LOST WORK DAY CASES Aptiv has consistently been in the top quartile of Lost Work Day Cases (LWDC) of our peers LOOK-ACROSS PROCESS 100% ENGAGEMENT RATE ON PREVENTIVE Evaluation and preventive action of ACTIONS FOR
Slide 90: Products
Photo to be updated PRODUCTS PRODUCTS Design and deliver solutions that transform society Design and deliver solutions that transform society SAFE, GREEN & CONNECTED CUSTOMER MOBILITY PRODUCT QUALITY DATA SECURITY SATISFACTION Develop innovative technologies Continuously refining our Proactively eng
Slide 91: Safe, Green & Connected Mobility
Safe, Green & Connected Mobility PRODUCT SAFE Preventing accidents through superior ADAS technologies 40M+ VEHICLES ON THE ROAD TODAY EQUIPPED WITH APTIV ACTIVE SAFETY PRODUCTS GREEN Enabling high voltage electrification and fast charging 100M+ TONS OF CARBON EMISSIONS SAVED FROM VEHICLES WITH APTIV
Slide 92: Product Quality Driving Customer Satisfaction
Product Quality Driving PRODUCT Customer Satisfaction CONTINUE TO EXCEED CUSTOMER QUALITY AND SERVICE REQUIREMENTS 2021-2022 AWARDS & RECOGNITIONS RECEIVE 375 MILLION STELLANTIS PARTS FROM 5,500 SUPPLIER Best Supplier of the Year LOCATIONS HYUNDAI Supplier of the Year EVERY SHIP 90+ MILLION COMPONEN
Slide 93: Data Security
Data Security PRODUCT FOSTERING A CULTURE OF SECURITY EXCELLENCE Trusted Information Security Assessment Exchange (TISAX) A security standard to ensure a base level of information & cyber security in the European auto industry General Data Protection Regulation (GDPR) European Union’s certification
Slide 94: Planet
PLANET Make the world greener CARBON FOOTPRINT RESOURCE MANAGEMENT Develop innovative solutions to Increase recyclability with a circular economy reduce carbon emissions and approach and address needs of water-scarce improve energy efficiency regions 94 2023 Investor Conference | February 14, 2023 |
Slide 95: Roadmap To Carbon Neutrality
Roadmap To PLANET Carbon Neutrality 2022 ACHIEVEMENTS REDUCE SCOPE 1 & 2 EMISSIONS 27% REDUCTION • Improved machine efficiency OF SCOPE 1 & 2 • Sustainable building investments CO2 EMISSIONS • Employee energy management training (2019 vs 2022) CARBON NEUTRAL OPERATIONS 10% RENEWABLE • Powering sites
Slide 96: Resource Management
Resource Management PLANET INCREASING RECYCLABILITY AND IMPROVING WATER USAGE WASTE WASTE DISPOSAL DISPOSAL WATER CONSUMPTION KG KL / employee employee KL / employee (35%) (63%) 108 19 70 7 2011 2022 2011 2022 96 2023 Investor Conference | February 14, 2023 | Aptiv
Slide 97: Platform
PLATFORM PLATFORM Do the right things in the right way Do the right things in the right way ETHICS & SUSTAINABLE COMPLIANCE SUPPLY CHAIN Foster a culture rooted Engage with suppliers to establish a in ethics and compliance sustainable supply chain 97 2023 Investor Conference | February 14, 2023 | Ap
Slide 98: Ethics & Compliance
Ethics & Compliance PLATFORM APTIV NAMED ONE OF ETHISPHERE’S WORLD’S MOST ETHICAL COMPANIES FOR THE 10TH YEAR IN A ROW TRAINING • Targeted risk and role-based training • Monthly newsletter highlighting key compliance messages • 90%+ completion for all required training for all salaried employees, in
Slide 99: Supply Chain Compliance
Supply Chain Compliance PLATFORM A PROACTIVE APPROACH TO SUPPLY CHAIN MANAGEMENT AND RESPONSIBLE SOURCING CODE OF CONDUCT FOR BUSINESS PARTNERS ENGAGEMENT SCREENING & MONITORING • Affirmation by 100% of our key suppliers of • Deployment of Aptiv’s sustainability training • At selection and throughou
Slide 100: Aptiv Board Of Directors
Aptiv Board Of Directors PLATFORM DIVERSE SKILLS AND BREADTH AND DEPTH OF EXPERIENCES CONTRIBUTING TO AN EFFECTIVE BOARD PROVEN MANAGEMENT TRACK RECORD DECADES OF DIVERSE INDUSTRY EXPERTISE INCREASED DIVERSITY OF OUR BOARD TO BETTER REFLECT THE WORLD WE SERVE Senior Executive Leadership 6 Finance 7
Slide 101: Governance Structure
Governance Structure PLATFORM NAVIGATING A SUSTAINABLE FUTURE COMMITMENT FORMALIZED THROUGH A CENTRALIZED ESG FUNCTION WITH EXECUTIVE AND BOARD OVERSIGHT BOARD OF DIRECTORS NOMINATING AND GOVERNANCE COMMITTEE Our SUSTAINABILITY COMPENSATION INNOVATION FINANCE AUDIT future starts with PEOPLE PRODUCT
Slide 102: Creating A More Sustainable Business And Delivering Long-Term Value
CREATING A MORE SUSTAINABLE BUSINESS AND DELIVERING LONG-TERM VALUE FOR ALL STAKEHOLDERS 2022 RECENT RECOGNITIONS Ethisphere Institute: 2022 Aptiv received a rating of AA (on a Included in the S&P Global ESG Low Risk ESG Risk Rating. World’s Most Ethical Companies scale of AAA-CCC) in the MSCI ESG i
Slide 103: Financial Overview
February 14, 2023 FINANCIAL OVERVIEW Joe Massaro Chief Financial Officer and Senior Vice President, Business Operations
Slide 104: Aptiv Performance: 2020 - 2022
Aptiv Performance: 2020 - 2022 RESILIENT GROWTH IN A CHALLENGING ENVIRONMENT GROWTH ABOVE EARNINGS POSITIONING CAPITAL MARKET FOR THE FUTURE DEPLOYMENT 12% GoM 1 10%+ Avg Op Income ~$74B $24B ABOVE 6-8% GROWTH OVER 3-YEAR AVERAGE ADJ OI MARGIN CUMULATIVE BOOKINGS TOTAL CAPITAL DEPLOYMENT MARKET TARG
Slide 105: Aptiv Financial Outlook: 2023 - 2025
Aptiv Financial Outlook: 2023 - 2025 UNIQUELY POSITIONED FOR SUSTAINABLE VALUE CREATION POSITIONING GROWTH ABOVE EARNINGS CAPITAL FOR THE FUTURE MARKET GROWTH DEPLOYMENT RIGHT STRATEGY BALANCED USE OF RIGHT PORTFOLIO RIGHT PEOPLE 8-10% GoM1 14.0% – 14.5% 2025 CAPITAL ~2% CAGR FOR GLOBAL VEHICLE PROD
Slide 106: Right Strategy, Rigorously Executed
Right Strategy, Rigorously Executed FINANCIAL FRAMEWORK DRIVES LONG-TERM OUTPERFORMANCE INDUSTRY LEADING GROWTH PORTFOLIO Current and future product lines driving record new business awards and sustained growth-over-market RIGHT PORTFOLIO DISCIPLINED REVENUE GROWTH Balanced growth across regions, en
Slide 107: 2025 Revenue Outlook
2025 Revenue Outlook ACCELERATING OUTGROWTH DRIVEN BY KEY TECHNOLOGIES ALIGNED TO MOBILITY MEGATRENDS REVENUE GROWTH DRIVERS ($ billions) 8-10% GoM1 COMMENTS • Global vehicle production CAGR of 2%2 • Growth over Market of 8-10%1 ~($0.7) ~($0.3) ~$7.0 • Return to normalized price downs $23.0 of 1.5%
Slide 108: 2025 Operating Income Outlook
2025 Operating Income Outlook REVENUE GROWTH, SCALABLE COST STRUCTURE DRIVING MARGIN EXPANSION OPERATING INCOME ($ billions); Margin % 25%+ CAGR COMMENTS • Strong flow-through on sales growth ~($0.7) ~($0.2) • Return to historical levels of annual price downs ~$1.7 14.0% ~$1.9 ~($0.0) to • Leveling
Slide 109: Advanced Safety & User Experience | Brain
Advanced Safety & User Experience | Brain DEEP DOMAIN EXPERTISE ENABLING THE TRANSITION TO SOFTWARE-DEFINED VEHICLES ADVANCED SAFETY & CENTRAL COMPUTE AND SOFTWARE LONG-TERM TARGETS USER EXPERIENCE CAPABILITIES ENABLING ADVANCED Revenue ($ billions), OI Adj Margin 2022A Revenue FUNCTIONALITY ~14% Go
Slide 110: AS&UX Growth Drivers
AS&UX Growth Drivers DRIVING PROFITABLE GROWTH THROUGH INDUSTRY-LEADING INNOVATION ACTIVE SAFETY USER EXPERIENCE SMART VEHICLE COMPUTE & SOFTWARE • L2++ full systems including hardware, • Integrated cockpit controllers • Zone control and central computing platforms software and integration • In-cabi
Slide 111: Signal & Power Solutions | Nervous System
Signal & Power Solutions | Nervous System ONLY ARCHITECTURE PROVIDER CAPABLE OF OPTIMIZING AT A FULL SYSTEM LEVEL SIGNAL & POWER GLOBAL LEADER IN OPTIMIZED, LONG-TERM TARGETS SOLUTIONS NEXT-GEN ARCHITECTURE Revenue ($ billions), OI Adj Margin 2022A Revenue ($ billions) SOLUTIONS 5-7% ELECTRICAL GoM1
Slide 112: S&PS Growth Drivers
S&PS Growth Drivers UNMATCHED CAPABILITIES ACROSS HV AND LV INTERCONNECT AND WIRING SYSTEM SOLUTIONS ELECTRICAL DISTRIBUTION ENGINEERED COMPONENTS HIGH VOLTAGE SYSTEMS ELECTRIFICATION • Low and high voltage power • Automotive and industrial-grade • High voltage connectors and shielded distribution i
Slide 113: Accelerating Adjacent Market Expansion
Accelerating Adjacent Market Expansion RELEVANT CAPABILITIES PROVIDING ADDITIONAL GROWTH OPPORTUNITIES ADJACENT MARKETS BY END MARKET ACCELERATING MEGATRENDS Revenue ($ billions) % of 2022 Adjacent Markets Revenue Increasing demand for safety, higher levels of electrification and connected and intel
Slide 114: Investments for Growth and Resiliency
Investments for Growth and Resiliency RELENTLESS FOCUS ON OPERATING PERFORMANCE AND COST STRUCTURE OPTIMIZING COST STRUCTURE OPERATIONAL RESILIENCY INVESTMENTS FOR GROWTH Business model allows us to continue organic and inorganic investments in the business foundations as well as current and future
Slide 115: Disciplined Capital Deployment
Disciplined Capital Deployment STRONG CASH FLOW GENERATION PROVIDES MULTIPLE DEPLOYMENT OPPORTUNITIES OPERATING CASH FLOW ($ billions) $7B+ Cumulative Operating Cash OPPORTUNITIES TO DEPLOY CASH Flow Prioritize organic investments to support portfolio of advanced technologies 30%+ and record new bus
Slide 116: Capital Deployment Track Record
Capital Deployment Track Record CASH DEPLOYMENT FOCUSED ON VALUE ENHANCING ORGANIC AND INORGANIC INVESTMENT OPPORTUNITIES DISCIPLINED CAPITAL DEPLOYMENT M&A TRACK RECORD TRACK RECORD ($ millions) 2022 DEALS CASH RETURNED TO MERGERS & PURCHASE REVENUE AT THE TIME SYNERGY SHAREHOLDERS ACQUISITIONS PRI
Slide 117: Long-Term Outlook Beyond 2025
Long-Term Outlook Beyond 2025 ACCELERATING MEGATRENDS THROUGH 2030 STRATEGIC FRAMEWORK DRIVING GROWTH MACRO CONSIDERATIONS RIGHT STRATEGY, RIGHT GLOBAL VEHICLE PRODUCTION PORTFOLIO, RIGHT PEOPLE Delivering outperformance on modest Anticipation of key market trends and relentless vehicle production g
Slide 118: Aptiv 2030 Vision
Aptiv 2030 Vision EXECUTION OF STRATEGY LEADS TO A MORE RESILIENT, FASTER GROWING, MORE PROFITABLE BUSINESS 2030 TARGETS ADVANCED SAFETY SIGNAL & FUTURE PLATFORMS Seeding the next wave of growth, & USER EXPERIENCE POWER Revenue ($ billions), Adjusted OI Margin while diversifying business models SOLU
Slide 119: Aptiv Investment Thesis
Aptiv Investment Thesis UNIQUELY POSITIONED TO CREATE LONG-TERM VALUE ATTRACTIVE GROWTH WITH ROBUST CASH FLOW STILL UNDERVALUED POTENTIAL TO ACCELERATE WITH MARGIN UPSIDE RELATIVE TO OPPORTUNITY REVENUE GROWTH FCF CONVERSION2 GROWTH ADJ. EV/EBITDA 2020 – 2022 CAGR 2023E 2023E EV/EBITDA to LT Growth
Slide 120: “APTIV:
“APTIV:
Slide 121: Sustainable Value Creation
Sustainable Value Creation PORTFOLIO AND RIGOROUS FOCUS ON EXECUTION MAKE APTIV A MORE SUSTAINABLE BUSINESS, AND CREATES EXCEPTIONAL VALUE FOR INVESTORS RIGHT STRATEGY RIGHT PORTFOLIO RIGHT PEOPLE STRONG EXECUTION INDUSTRY LEADING DEEP EXPERTISE AND ON COMMITMENTS TECHNOLOGY AND ESTABLISHED CREDIBIL
Slide 122: “APTIV:
“APTIV:
Slide 123: Presenters
Presenters Kevin Clark Chairman and Chief Executive Officer Kevin P. Clark is Chairman and Chief Executive Officer of Mr. Clark also served as Chief Financial Officer of Fisher Aptiv. Mr. Clark has been a director since March 2015, when Scientific International Inc., a manufacturer, distributor and
Slide 124: Presenters
Presenters Joe Massaro Chief Financial Officer and Senior Vice President, Business Operations Joseph R. Massaro is Chief Financial Officer and Senior Prior to the merger with Thermo Electron, Mr. Massaro also Vice President, business operations of Aptiv. Mr. Massaro is served as Vice President and C
Slide 125: Presenters
Presenters Matthew Cole Senior Vice President, Advanced Safety & User Experience Matthew Cole joined Aptiv in January 2023 as Senior Vice During his 21-year career at Visteon, Mr. Cole held various President and President of the Advanced Safety & User positions including Senior Vice President, Produ
Slide 126: Presenters
Presenters Bill Presley Senior Vice President and Chief Operating Officer, and President, Signal & Power Solutions Bill Presley is Senior Vice President and Chief Operating Electronics, Product Design Studios and Vehicle Officer of Aptiv, a position he has held since December Development. 2022 and c
Slide 127: Presenters
Presenters Christian Schäfer Vice President, Advanced Vehicle Architecture Christian Schäfer joined Aptiv in 2000. He brings over 23 years of Advanced Vehicle Architecture experience to his role. During this time, he has held roles of increasing responsibility in developing Advanced Electrical Archi
Slide 128: Presenters
Presenters Glen De Vos Senior Vice President, Transformation and Special Programs Glen De Vos is Senior Vice President, Transformation and Previously, Mr. De Vos was President, Mobility & Services Special Programs of Aptiv, a position he has held since group and Vice President, Software & Services,
Slide 129: Presenters
Presenters Avijit Sinha Chief Product Officer, Wind River Avijit Sinha is responsible for driving product strategy, Over his 20+ year Microsoft career, he served in a range product management, commercial partnerships, and of leadership roles responsible for product development in industry solutions
Slide 130: Presenters
Presenters Josie Archer Senior Vice President, Global Sales Josie Archer is Senior Vice President of Global Sales at Prior to Aptiv, Ms. Archer was the Chief Sales Officer and Aptiv, a position she has held since November 2022. Global Sales Director of TI Automotive. Before TI Essential to Ms. Arche
Slide 131: Presenters
Presenters Obed Louissaint Senior Vice President and Chief People Officer Obed Louissaint is Senior Vice President and Chief People Mr. Louissaint brings over 21 years of experience working Officer, a position he has held at Aptiv since January 2023. at IBM across multiple geographies, senior-level
Slide 132: Presenters
Presenters Kate Ramundo Senior Vice President, Chief Legal Officer, Chief Compliance Officer and Secretary Katherine H. Ramundo, is Senior Vice President, Chief Previously, Ms. Ramundo served as Vice President, Deputy Legal Officer, Chief Compliance Officer and Secretary of General Counsel and Assis
Slide 133: Presenters
Presenters Jessica Kourakos VP, Investor Relations and Environment, Social, and Governance Jessica Kourakos is Vice President, Investor Relations and Jessica brings over 20 years of unique experience, Environmental, Social, and Governance (ESG). In this role, spanning Wall Street and corporate inves
Slide 134: Glossary
Glossary AD ASIL / ASIL-D DSRC EV Automated Driving Automotive Safety Integrity Level. ASIL is a Dedicated Short Range Communications: A Electric Vehicle risk classification of functional safety for road short to mid-range wireless communication ADAS vehicles. There are four ASIL levels, with protoc
Slide 135: Glossary
Glossary L2+ OEM S&PS SVA™ A vehicle with advanced safety automation, Original Equipment Manufacturer – in the Signal & Power Solutions: One of Aptiv’s Smart Vehicle Architecture: Aptiv’s clean- but that still requires a driver in the loop to automotive industry this refers to the segments consistin
Slide 136: Contacts
Contacts Aptiv 5 Hanover Quay Grand Canal Dock Dublin 2, Ireland Aptiv Media Contact Rachelle Valdez rachelle.r.valdez@aptiv.com +1 248.813.2443 Aptiv IR Contact Jessica Kourakos jessica.kourakos@aptiv.com +1 646.341.2500 136 2023 Investor Conference | February 14, 2023 | Aptiv
Slide 137: Appendix
February 14, 2023 » APPENDIX *APTIV:
Slide 138: Adjusted Revenue Growth
Adjusted Revenue Growth 2022 2021 2020 Reported net sales % change 12% 20% (9%) Less: foreign currency exchange and commodities (4%) 5% -% Adjusted revenue growth 16% 15% (9%) 138 2023 Investor Conference | February 14, 2023 | Aptiv
Slide 139: Non-US GAAP Financial Metrics: Adjusted OI
Non-US GAAP Financial Metrics: Adjusted OI ($ millions) 2022 2021 2020 Net income attributable to Aptiv 594 590 1,804 Interest expense 219 150 164 Other expense, net 54 129 - Income tax expense 121 101 49 Equity loss, net of tax 279 200 83 Net (loss) income attributable to noncontrolling interest (3
Slide 140: Non-US GAAP Financial Metrics: Adjusted EBITDA
Non-US GAAP Financial Metrics: Adjusted EBITDA ($ millions) 2022 2021 2020 Net income attributable to Aptiv 594 590 1,804 Interest expense 219 150 164 Income tax expense 121 101 49 Net (loss) income attributable to noncontrolling interest (3) 19 18 Net loss attributable to redeemable noncontrolling
Slide 141: Non-US GAAP Financial Metrics: Adj. NI Per Share
Non-US GAAP Financial Metrics: Adj. NI Per Share ($ millions, except per share amounts) 2022 2021 2020 Net income attributable to ordinary shareholders 531 527 1,769 Mandatory convertible preferred share dividends 63 63 35 Net income attributable to Aptiv 594 590 1,804 Adjusting items: Amortization
Slide 142: Shares Outstanding
Shares Outstanding (millions) 2022 2021 2020 Weighted average ordinary shares outstanding, basic 270.90 270.46 263.43 Dilutive shares related to RSUs 0.28 0.76 0.44 Weighted average MCPS Converted Shares - - 6.83 Weighted average ordinary shares outstanding, including dilutive shares 271.18 271.22 2
Slide 143: Non-US GAAP Financial Guidance Metrics: Adjusted Operating Income
Non-US GAAP Financial Guidance Metrics: Adjusted Operating Income ($ millions) 20231 Net income attributable to Aptiv 830 Interest expense 235 Other income, net (15) Income tax expense 195 Equity loss, net of tax 300 Net income attributable to noncontrolling interest (a) 15 Operating income 1,560 Am
Slide 144: Non-US GAAP Financial Guidance Metrics: Adjusted EBITDA
Non-US GAAP Financial Guidance Metrics: Adjusted EBITDA ($ millions) 20231 Net income attributable to Aptiv 830 Interest expense 235 Income tax expense 195 Net income attributable to noncontrolling interest (a) 15 Depreciation and amortization 895 EBITDA 2,170 Other income, net (15) Equity loss, net
Slide 145: Non-US GAAP Financial Guidance Metrics: Adj. NI Per Share
Non-US GAAP Financial Guidance Metrics: Adj. NI Per Share ($ millions, except per share amounts) 20231 Net income attributable to ordinary shareholders 800 Mandatory convertible preferred share dividends 30 Net income attributable to Aptiv 830 Adjusting items: Amortization 230 Restructuring 110 Othe
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