Corporate Presentation 2016 I 1 2016
Valeo in the automotive value chain Service Suppliers represent 75 % of cars added-value* *Source CLEPA 2016 I 2
A well-balanced customer base 14.5 Bn sales (1) Others % of 2015 OEM sales American German Aftermarket (& other) 24% 5% 30% 13% 15% 26% OEM 87% French* Asian** Original equipment (1) At end 2015 *Excluding Nissan ** Including Nissan 2016 I 3
Order intake fuelled by innovations North America 20.1 Bn * Europe 13 Bn 15 Bn 17,5 Bn 20,1 Bn South America 25% 8,8 Bn 1% 46% 28% China 20% Asia *Order intake in 2015 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Average on period ** Reference 2008 (average 2005-2009) >2015 2016 I 4
Key figures 2015 134 30 52 Countries 15 Production sites 82,800 Research & Development centers Distribution platforms Employees 2016 I 5
A balanced worldwide presence 12,631 Employees 17 Production sites 22% of sales* 42,330 Employees 61 Production sites 49% of sales* (including Africa) * In % of OE sales 2,265 Employees 5 Production sites 2% of sales* 25,574 Employees 51 Production sites 27% of sales* (incl China: 14%) end 2015 2016 I 6
Valeo, a world leader in each business Thermal Powertrain #2 #2 Telematics #1 Driving Assistance #2 Interior Controls Climate Control #2 #1 Wiper Systems Electrical Systems & Power Electronics #1 #2 #2 Lighting Systems Transmission Systems end 2015 2016 I 7
Our customers 2016 I 8
Valeo s strategy - based on 2 priorities CO 2 emissions reduction and intuitive driving Development in high growth potential regions With the ambition to generate growth higher than the market in each production region 2016 I 9
Valeo at the heart of two technical revolutions C0 2 Emissions reduction Intuitive Driving 2016 I 10
Driven by regulations and marketing C0 2 Emissions reduction Intuitive Driving Safety assist 2016 I 11
Powertrain solutions for fuel economy 1 4 main technical areas Efficiency of Internal Combustion Engine (Downsizing) 2 Electrification Stop-Start Mild Hybrid 3 Downspeeding & Automation Dual clutch transmission Downspeeding Torque converter 4 Efficiency of auxiliary systems LED Wiper systems HVAC Gasoline cooled EGR Thermal management Air intake module e-supercharger Full Hybrid Plug-in Hybrid Range Extender Energy management 2016 I 12
Automotive production: 2015 geographical breakdown < 50% of global production > 50% of global production 18 14 6 1 1 1 4 5 23 9 3 4 Worldwide production: 89 million vehicles China: first worldwide market in million vehicles 2016 I 13
Valeo in Asia 25,574 Employees 51 Production sites 15 R&D centers 3 Distribution centers End 2015 2016 I 14
Research & Development 2016 I 15 2016
Valeo, a key player, making the world leaner onnected utomated 2016 I 16
Research & Development 37% of order intake involves innovations* 10% of OE sales dedicated to R&D effort 35 Development centers 17 Research centers 1,406 New patents 11,620 People Europe (incl. Africa) 12 Research centers 17 Development centers North America 1 Research center 4 Development centers South America 3 Development centers Asia 4 Research centers 11 Development centers *products and technologies on the market for less than 3 years end 2015 2016 I 17
Open innovation spirit Tech companies Strategic partnership Academics Venture Capital 2016 I 18
Innovation shifting from Driver to Mobility Driver-Centric Mobility Glare Free Highbeam Auto Emergency Braking Lane Departure Warning Ongoing Transition Park4U InBlue Car Sharing Valet Parking Automated Driving Augmented Reality Help the Driver New Mobility 2016 I 19
CO2 emissions reduction and driving performance Efficiency of Internal 1 2 Combustion Engine Electrification (Downsizing) Efficiency of Downspeeding & 4 3 auxiliary systems Automation 2016 I 20
Intuitive driving for safe and connected mobility 1 Automated car 2 Connected car Valet Park4U Cruise4U Telematics Control Unit (TCU) InBlue Passive Entry Passive Start (PEPS) Laser scanner Remote control and access Driving, parking and access 3 Intuitive controls eskin Lite Intuitive driving for safe and connected mobility while reducing CO 2 emissions Dome control module Display, control & connect 2016 I 21
Innovation by Business Group 2016 I 22 2016
4 balanced, coherent Business Groups with strong market positions Comfort & Driving Assistance Powertrain Systems Thermal Systems Visibility Systems 2016 I 23
Comfort and Driving Assistance Systems Key Figures Comfort & Driving Assistance 2.7 billion Sales 18% of Group total 15,300 Employees 26 production sites 8 development centers 9 research centers 2016 I 24
Comfort and Driving Assistance Systems Innovation The laser scanner enables automated driving for enhanced safety The Comfort and Driving Assistance Business Group focuses on the driver and develops a range of unique solutions to make driving more intuitive and mobility safer, more connected and greener. 2016 I 25
Powertrain Systems Key figures Powertrain Systems 3.8 billion Sales 26% of Group total 19,400 Employees 36 production sites 15 development centers 6 research centers 2016 I 26
Powertrain Systems Innovation The electric supercharger enables fuel consumption reduction The Powertrain Systems Business Group develops innovative powertrain solutions aimed at reducing fuel consumption, CO 2 emissions and other pollutants, without compromising on driving performance and pleasure. 2016 I 27
Thermal Systems Key figures Thermal Systems 4.1 billion Sales 28% of Group total 20,100 Employees 48 production sites 10 development centers 3 research centers 2016 I 28
Thermal Systems Innovation The air intake module enables further engine downsizing, leading to CO 2 emissions reduction The Thermal Systems Business Group develops and manufactures systems, modules and components to ensure the thermal energy management of all types of powertrain and in-vehicle thermal comfort during all phases of vehicle use. 2016 I 29
Visibility Systems Key figures Visibility Systems 4.2 billion Sales 28% of Group total 26,300 Employees 35 production sites 15 development centers 5 research centers 2016 I 30
Visibility Systems Innovation BiLED TM Improves performance while reducing energy consumption 5 times less than halogen The Visibility Systems Business Group designs and produces efficient and innovative lighting and wiper systems which support the driver and passengers whatever the weather, day and night, and in their various on-board activities. 2016 I 31
Valeo Service Valeo Service supplies original equipment spares (OES) to automakers and replacement parts to the independant aftermarket (IAM). Multi-specialist Multi-canal Multi-region Multi-product 2016 I 32
A culture of excellence 5 Axes driven by continuous improvement A level of customer returns of less than 4 parts per million products delivered end 2015 2016 I 33
Values for operational excellence Ethics Transparency Empowerment Professionnalism Teamwork 2016 I 34
2016 I 35