Garrett Motion Inc. · NASDAQ:GTX
Garrett Motion — Investor Presentation (January 2024)
30 slides from Garrett Motion's investor presentation, January 2024
Slide 1: Company Overview
JANUARY 2024 COMPANY OVERVIEW CONFIDENTIAL Garrett Internal © 2024 Garrett © 2024 Motion Garrett Inc. Motion Inc.
Slide 2: Guidelines and Instructions
Guidelines and Instructions • This presentation contains detailed information about Garrett Motion worldwide. It is intended for external audiences. • You are not permitted to release any Garrett business, industrial or financial information other than those listed in this presentation. • You can co
Slide 3: Who We Are
WHO WE ARE CONFIDENTIAL Garrett Internal © 2024 Garrett Motion Inc.
Slide 4: Our Garrett mission
Our Garrett mission Garrett is a cutting-edge technology leader delivering differentiated solutions for emission reduction and energy efficiency. We are passionate about innovating for mobility and beyond. CONFIDENTIAL Garrett Internal © 2024 Garrett Motion Inc.
Slide 5: Garrett at a glance
Garrett at a glance $3.6B 5 ~1,700 Revenue in 2022 R&D centers Patents issued or pending ~9,300 1 11 $100M+ “Close-to-customer” Employees Annual Investment in Electrification engineering centers ~1,250 5 50,000+ Engineers Software development Turbos / day centers 40+ 13 120M+ Vehicle manufacturers S
Slide 6: Global Leader and Innovation Powerhouse
Global Leader and Innovation Powerhouse 2022 Revenue Breakdown Technologies Offering Commercial Vehicle & Industrial By Geography 2% 19% North America Large Free-Float Double Axle VNT Wastegate Asia 48% Europe Light Vehicle Diesel, Gas & Hybrid 31% Other Emission Reduction Wastegate Variable Nozzle
Slide 7: Decarbonizing mobility for 40+ global customers
Decarbonizing mobility for 40+ global customers All images are embedding Garrett products currently in production Light Vehicles Racing & Special Vehicles On-highway commercial vehicles First Garrett Turbo application in 1954 Large bore engines for PowerGen, Marine & Industrial Off-highway commercia
Slide 8: Global footprint, local player
Global footprint, local player CORPORATE HEADQUARTERS WOLFSBURG GERMANY ROLLE CHEADLE SW ITZERLAND UK PRAGUE CZECH REPUBLIC PLYMOUTH USA BASILDON UK BRNO CZECH REPUBLIC SEOUL ANSAN KOREA KOREA TORRANCE WATERFORD IRELAND USA INDIANAPOLIS PRESOV USA SLOVAKIA WUHAN MUNICH CHINA KODAMA MEXICALI GERMANY
Slide 9: Differentiated integrated supply chain strategy
Differentiated integrated supply chain strategy Differentiated internal manufacturing technologies • Home-grown “industry firsts” 13 (including high-speed electron-beam, State-of-the-art laser welding and more) manufacturing facilities • Proprietary super high-speed balancing • 100+ manufacturing pa
Slide 10: Long-term customer relationships with 40+ manufacturers
Long-term customer relationships with 40+ manufacturers PRE-DEVELOPMENT PRODUCT DEVELOPMENT VEHICLE PRODUCTION AFTERMARKET 4 YEARS 2 YEARS 3-5 YEARS 10-15 YEARS KEY ACTIVITIES INNOVATION CUSTOMIZATION MANUFACTURING REPLACEMENT SINGLE SUPPLIER PER ENGINE 20+ YEARS CYCLE 68 YEARS 37 YEARS 29 YEARS 38
Slide 11: Technology Differentiation
TECHNOLOGY DIFFERENTIATION CONFIDENTIAL Garrett Internal © 2024 Garrett Motion Inc.
Slide 12: 68 years of advancing motion
68 years of advancing motion 1955 1962 1995 1997 2002 2005 2006 2008 2011 2016 2017 2019 2020 2021 2022 2023 1st VNT on 1st Two Stage Industry 1st diesel System on ball bearing turbo 1st Cybersecurity passenger car 1st turbocharger diesel for passenger car intrusion detection (W/Audi) electrificatio
Slide 13: Garrett turbocharging is technology at the cutting edge
Garrett turbocharging is technology at the cutting edge Journal bearing clearance From 50,000 RPM to 200,000 RPM 0.0004 inches of oil film in less than 2 seconds 7 times thinner than human hair 3 seconds for F-16 engine to spool up to maximum thrust Average compressor flow 20 cubic meters per minute
Slide 14: Turbocharging electrified powertrains
Turbocharging electrified powertrains MILD-HYBRID (48V) FULL HYBRID PLUG-IN HYBRID FUEL CELL ELECTRIC • 76% hybrid and 100% Audi SQ7 Toyota Prius Mitsubishi Outlander Honda Clarity hydrogen fuel cell powertrains CORE turbocharged Base Turbo by 2025 TURBOCHARGERS • Full CO2 potential ELECTRIC unlocke
Slide 15: Garrett electric boosting offering
Garrett electric boosting offering ELECTRIC COMPRESSOR ELECTRIC TURBO TWO STAGE ELECTRIC COMPRESSOR Mild, Full and Plug-in Hybrids Mild, Full and Plug-in Hybrids Fuel Cell Electric • Full speed within 0.25s • 4x faster than a conventional turbo • Enables 40% downsizing of fuel cell stack CUSTOMER •
Slide 16: Garrett light & commercial vehicle turbo technologies
Garrett light & commercial vehicle turbo technologies Offering the broadest portfolio for every vehicle type • Dedicated engineering FREE-FLOAT VARIABLE NOZZLE support WASTEGATE TURBINE (VNT™) • Fuel efficiency through state-of-the-art aerodynamics, bearing systems and control • Higher performance,
Slide 17: Core competencies enable successful innovation shift
Core competencies enable s uccessful Innovation shift Garrett’s unique capabilities advance technologies for electrified vehicles Turbomachines for Air High-Speed Motors Power Electronics Control Software Compression High precision design & assembly, Best-in-class power density, Unique, compact desi
Slide 18: Garrett Technologies for Zero Emission Vehicles
Garrett Technologies for Zero Emission Vehicles Hydrogen Fuel Cell EV (“FCEV”) Battery EV (“BEV”) E-Powertrain for Electric Vehicles Integrated E-motor, inverter (power electronics) and transmission solution for EV propulsion Fuel Cell Compressor for Hydrogen Vehicles E-Cooling Compressor for Electr
Slide 19: Strong Zero Emission Vehicles Technologies pipeline
Strong Zero Emission Vehicles Technologies pipeline Delivering best-in-class technologies Efficient and durable Fuel Cell ✓ Highs-speed Air Compressor system… bringing best in class efficiency and durability Compressor ✓ 3rd generation; technology more mature versus competitors ✓ Downsizing fuel sta
Slide 20: Garrett connected vehicle software
Garrett connected vehicle software MULTIPLYING COMPLEXITY UNSOLVED CHALLENGES Internal Combustion Engine Optimize complex systems Aftertreatment + E-boosting + . . . + Electrified Powertrain Validate for real-world Hybridization + battery SOC/SOH, etc. Ensure in-use compliance Autonomy + Detect heal
Slide 21: Garrett connected vehicle software
Garrett connected vehicle software GARRETT SOLUTIONS AND DIFFERENTIATORS Advanced Controls and System Optimization • Fuel, energy and emissions optimization • Industrial process controls heritage • Reduced development time • +30 patents We solve complex automotive challenges, advancing controls tech
Slide 22: Aftermarket
AFTERMARKET CONFIDENTIAL Garrett Internal © 2024 Garrett Motion Inc.
Slide 23: Strong aftermarket platform with brand equity
Strong aftermarket platform with brand equity Broad aftermarket product portfolio #1 in global brand awareness ORIGINAL • Original supply ensuring EQUIPMENT / emission compliance 5,300+ INDEPENDENT Product AFTERMARKET • Distributors network references 250+ ~110M • Remanufacturing of OE design Third-
Slide 24: Garrett aftermarket channels
Garrett aftermarket channels VEHICLE MANUFACTURERS Original turbo INDEPENDENT AFTERMARKET (IAM) Complete range adapted to vehicle age and markets IAM PERFORMANCE & MOTORSPORT VEHICLE AGE 0-3 years 4-6 years 7-10 years 11-15 years 16-20 years CONFIDENTIAL Garrett Internal © 2024 Garrett Motion Inc.
Slide 25: Garrett motorsport technology
Garrett motorsport technology Redefining the limits Championship wins CUSTOMISED TECHNICAL COMPETENCIES • Fuel Cell Compressors: One and two stage mixed 32 flow compressor stages with oil-less bearing technology 24 to eliminate contamination of FC stack and lowest NVH. 14 • Electric Turbos: Efficien
Slide 26: Our Focus on Sustainability
OUR FOCUS ON SUSTAINABILITY CONFIDENTIAL Garrett Internal © 2024 Garrett Motion Inc.
Slide 27: Our sustainability framework starts from our mission
Our sustainability framework starts from our mission CLEANER, MORE EFFICIENT VEHICLES We are cutting-edge technology leader delivering differentiated solutions for emission reduction and energy efficiency CULTURE OF INNOVATION OPERATING RESPONSIBLY We invest in a culture of continuous We operate res
Slide 28: We Contribute to a more Sustainable Future
We Contribute to a more Sustainable Future Cleaner, more Culture of Responsible efficient vehicles Innovation Operations We develop differentiated solutions Our professional global team is at We operate ethically and drive for sustainable mobility and beyond the heart of our success continuous impro
Slide 29: Our 3rd Annual Sustainability Report
Our 3rd Annual Sustainability Report | For 2022 Fiscal Year WHAT THE REPORT COVERS • Describes our approach to sustainability • Garrett’s sustainability focus areas and activities • Our sustainability performance including new science-based carbon target • Link to the report CONFIDENTIAL Our sustain
Slide 30: Garrett Internal CONFIDENTIAL
CONFIDENTIAL Garrett Internal © 2024 Garrett Motion Inc.
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