a leading automotive technology company
TRANSCRIPT
● Corporate presentation – FAURECIA – March, 2021
A top ten global automotive technology supplier
2
A trustedpartnerfor all automakers, commercial vehicles
and industry
Employees
114,000of 103 nationalities
in 35 countries
R&D centers
39
Plants
2661 in 3vehicles in the world
equipped by Faurecia
4 Business Groups▪ Clean Mobility
▪ Seating
▪ Interiors
▪ Clarion Electronics
Convictions& Valuesfor sustainable development
Sales*
€14.7bn
*All figures at Dec. 31.2020
● Corporate presentation – FAURECIA – March, 2021
Chinese OEMs
Sales by customer Sales by region
A well-balanced customer and geographic base
3
South America
& rest of the world
4%
Asia
24%
North America
25%
Europe
47%
14.2%11.2%
5.6%
4.0%
19%
20.5%
Others
€14.7bn
Commercial Vehicles
*All figures at Dec. 31.2020
● Corporate presentation – FAURECIA – March, 2021
A transformation strategy focused on two fast-growing areas Sustainable Mobility and Cockpit of the Future
Sustainable Mobility Cockpit of the Future
Addressablemarket
€120bnin 2030
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Solutions for ultra-low& zero emissions
Solutions for personalized& connected experiences
● Corporate presentation – FAURECIA – March, 2021
Our strategy is deployed through 14 product lines
Sustainable Mobility Cockpit of the Future
DOOR PANELSCENTER CONSOLESCOMMERCIAL VEHICLES & INDUSTRY
ULTRA-LOW EMISSION SOLUTIONS ZERO EMISSION HYDROGEN SOLUTIONS
ADVANCED DRIVER ASSISTANCE SYSTEMS
SUSTAINABLE & SMART MATERIALS
COVERS AND COMFORT
INTERIOR MODULES
INSTRUMENT PANELS
COCKPIT ELECTRONICS DISPLAY TECHNOLOGIES
SEAT STRUCTURE SYSTEMS COMPLETE SEATS
5
● Corporate presentation – FAURECIA – March, 2021
Four Business Groups to drive profitable growth
*including SAS Interiors Modules.
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▸Ultra-low emissions solutions
▸Commercial vehicles
and industry
▸Zero-emission hydrogen
solutions
▸ Instrument panels
▸Door panels
▸Center consoles
▸Sustainable & smart materials
▸ Interior modules
▸Cockpit electronics
▸Display technologies
▸Advanced Driver Assistance
Systems
▸Advanced seat structure
systems
▸Complete seats
▸Cover and foam solutions
Clean Mobility Interiors* Clarion ElectronicsSeating
Sites
84R&D centers
10Sites
77R&D centers
13Sites
97R&D centers
5Sites
8R&D centers
5Employees
22,260Employees
42,515Employees
40,465Employees
5,800
● Corporate presentation – FAURECIA – March, 2021
Advanced technologies boosted by innovation
€607m innovation spend in last three years
€1bn cumulated investment
in sustainable technologies for 2021 – 2025
800 software & data engineers including
100 data specialists for AI solutions
Best-in-class ecosystem
▸ Accelerate integration of competences
and time-to-market
▸ Strategic and technology partnerships
▸ Investment in 16 start-ups
Focused innovation with short time-to-marketsupported by strong ecosystem
7
R&D centers
39Engineers
8,000Patents filed In 2020
1,201
● Corporate presentation – FAURECIA – March, 2021
Global approach to Total Customer Satisfactiondriven by operational excellence
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PERCEPTIONPERFORMANCE
Technological edge
Flawless launches
Build in quality
100% on-time
Commercial & after sales
Active listening
Program excellence
Relentless problem resolution
Five-Star experience
Total Customer Satisfaction: Everyone, Everywhere, EverytimeHR / ENGINEERING / PROGRAM MANAGEMENT / FINANCE / SALES / PLANTS / PURCHASING
● Corporate presentation – FAURECIA – March, 2021
Strong Convictions are at the heart of our culture and drive our sustainability strategy
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The world
is in a state
of permanent
disruption
Diversity
is a strength
Environmental
issues pose a
serious challenge
for humanity
Power
must have
a counterbalance
Short-term
thinking
jeopardizes
future
generations
Companies
must have
a positive impact
on society
● Corporate presentation – FAURECIA – March, 2021
A clear sustainability roadmap
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Responsible employer Responsible business practices Respect for the planet
▸Safety as 1st priorityFR1t <1.2 by 2025
▸Diversity & inclusive culture30% of female Managers
& Professionals (M&Ps) by 2025
▸ Learning ambition25h/year/employee by 2025
▸Business ethics100% of employees trained
on the Code of Ethics
▸Responsible supply chain>90% of suppliers assessed
by Ecovadis by 2025
▸CO2 neutral in operationsCO2 neutral for scopes 1 & 2 by 2025
▸Eco-design in products CO2 neutral
for controlled emissions by 2030
▸ Investment for sustainable
technologies€1.1bn cumulated 2021-2025
STRONG CORPORATE GOVERNANCE
● Corporate presentation – FAURECIA – March, 2021
We embarked on
1 journey...
… across 3 streams
Operations
Eco-design
Compensation (in value chain)
Our approach towards CO2 neutrality
1. excluding use phase emissions
… with 2 key milestones…
By 2025 CO2 neutral in operations
By 2030 CO2 neutral for controlled
emissions1
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With a focus on high reputational credibility
● Corporate presentation – FAURECIA – March, 202112
Innovation
for Sustainable Mobility
and Cockpit of the Future
Initiative to become CO2
neutral by 2030
Convictions and Values
for sustainable future
Global leadership
in 4 four Business Groups
● Corporate presentation – FAURECIA – March, 2021
Complete Seats
Advanced safety systems: frames,
mechanisms and mechatronics
Covers and Foam Solutions
Comfort & Wellness Solutions
Faurecia Seating
14
#1 frames & mechanisms
#3 complete seats worldwide
Technologies for a safe, smart
& comfortable onboard experienceEmployees
42,515
Sites
77
R&D centers
13
Group sales
38%
● Corporate presentation – FAURECIA – March, 2021
Instrument panels
Door panels
Center consoles
Sustainable & smart materials
Faurecia Interiors
15
#1 worldwide
Full interior systems
with premium quality integrationEmployees
36,020
Sites
75
R&D centers
5
Group sales
31%
● Corporate presentation – FAURECIA – March, 2021
Faurecia Clean Mobility
16
#1 worldwide
Innovative solutions to drive mobility
& industry toward zero emissionsEmployees
22,260
Sites
84
R&D centers
10
Group sales
26%
Ultra-low emissions solutions
Commercial vehicles and industry
Zero-emission hydrogen solutions
● Corporate presentation – FAURECIA – March, 2021
Cockpit electronics: IVI, noise cancellation,
remote tuner & apps store
Display technologies
Advanced Driver Assistance Systems:
automated parking, e-mirror & surround
view
Faurecia Clarion Electronics
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2025 target: €2.5 billion of sales
Electronics, software & AI
for personalized user experiencesEmployees
5,800
Sites
8
R&D centers
5
Group sales
5%
● Corporate presentation – FAURECIA – March, 2021
Interior modules manufacturing
System integration & product diversity
management
A dense Just in Time/Sequence plant network
Supply chain management
High quality standards
Key customers:
VW Group, PSA, Ford, Tesla, Daimler, FCA
SAS Interior Modules
*SAS Interior Modules managed as an autonomous business but reported in Interiors Business Group
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5% worldwide share of cockpit modulesfor passenger cars
A key player in complex interior
module assembly and logistics
Employees*
4,445
Sales in 2020
€660m
Plants
22
Assembly lines
46
Programs
in production
46