Passion for Technology, People and Community

2021 Corporate Sustainability Report

1 | Corporate Sustainability Report Contents

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Introduction Health & Safety Quality People

CEO Letter...... 3 Commitment ...... 20 Quality Policy...... 31 Employee Engagement...... 41

Our Commitment...... 4 Health & Safety Metrics...... 21 Visteon Quality Awards...... 32 Leadership Programs ...... 42

Company Profile...... 5 Employee Resource Groups. . . . . 44

Sustainability Strategy...... 6 Supply Chain Governance Community Outreach...... 45 Policies ...... 24 Ethics & Integrity Policy...... 33 Industry Associations...... 7 Community Outreach Successes . . . 46 Code of Conduct & Sustainability. . . 25 Human Rights & Code of Awards...... 8 Basic Working Conditions...... 34 Strategic Supplier Award...... 26 Board of Directors...... 35 Environment Cybersecurity...... 36 Commitment ...... 10 Products Overview...... 27 Diversity, Equity and Inclusion. . . . 37 Targets...... 12 Electronics...... 28 Managing COVID ...... 39 Sustainability Programs...... 13 MicroZone™...... 29 Environmental Metrics...... 14 SmartCore™...... 30 Environmental Successes...... 18

2 | Corporate Sustainability Report From the CEO Passion drives our commitment to socially responsible business activities

Passion is at the heart of everything we hardware and software solutions help to share our commitments to ethics connected and safe driving experience. do at Visteon. That’s why “Passion for OEMs reach their environmental goals by and integrity, basic human rights and Visteon will always achieve those goals Technology, People and Community” reducing vehicle mass, weight and power working conditions, and to reduce the in a socially responsible manner to help is the theme of our 2021 Corporate consumption. environmental impact of their operations. ensure a better future for everyone. Responsibility Report. This is our public report card of the company’s global Due to the varied backgrounds and Sincerely, sustainability performance for 2020 While Visteon’s technology experiences of our 10,000 employees unless otherwise indicated. “ solutions help our OEM in 18 countries, diversity, equity and inclusion represents a key strategic focus In all aspects of our business, we strive to customers minimize the for our company. Gender diversity is Sachin Lawande balance profitable growth with the need environmental impact of their an important part of that effort, and we to protect our environment and support launched a significant initiative to cultivate President and CEO the global communities where we do products, we also continue a pipeline of impactful female leaders business. to improve the environmental through our Momentum leadership development program and other Visteon’s solutions for the global performance of our operations professional development efforts. automotive industry advance the digital, around the world. electric and autonomous evolution of our It is important that we help the OEM customers. Our products include ” communities in which we operate grow The company participates in the Carbon digital instrument clusters, displays, along with us. That spirit is evident across Disclosure Project to provide transparent Android-based infotainment systems, all corners of the globe. I am proud of our reporting of its emissions data and carbon domain controllers and advanced driver employees for responding to the myriad emission-reduction strategies. Our assistance systems. of challenges the world encountered employee safety emphasis made us best- during 2020. Beyond the cockpit, our wireless in-class for automotive and manufacturing battery management system offers a companies once again in 2020. We remain steadfast in our mission to scalable solution for electric vehicle develop electronic technologies that We have strong relationships with manufacturers. Our proven, scalable help automakers offer a more enjoyable, our supplier base and expect them

3 | Corporate Sustainability Report Our Commitment to the Automotive Industry

Visteon is committed to creating a more enjoyable, connected and safe driving experience through technology. We work in a socially responsible manner to advance the digital, electric and autonomous evolution of our global automotive customers’ products for drivers and their passengers around the world.

4 | Corporate Sustainability Report Company Profile Leading the transition to a more digital, connected and electrical future

Visteon is uniquely positioned to meet We also embrace collaboration, making Position: Global technology leader in Customers: Major vehicle the evolving needs of global automakers it easy for the company’s brightest app automotive electronics dedicated to manufacturers worldwide. because our products align with and algorithm developers to create creating a more enjoyable, connected key industry trends. Our technology game-changing applications for our and safe driving experience. Employees: Approximately 10,000 in solutions are enabling the analog-to- platforms, from infotainment to advanced 18 countries digital transition in automotive cockpits, driver-assistance systems. Today, we Headquarters: Van Buren Township, electrification of the powertrain and the are the first in the automotive industry Michigan, U.S. Quality Certification: Visteon evolution of advanced driver-assistance to address the proliferation of electronic Corporation is certified to the ISO/ systems that enhance automated control units through our SmartCore™ NASDAQ Stock Symbol: VC TS16949 technical specification for driving. cockpit domain controller solution. quality management systems. The 2020 Revenue: $2.5 billion company requires its supply chain to Our electronic solutions are dedicated We also plan to drive the next chapter have third-party certification to ISO/ Core Business: Leading the industry’s to creating a more enjoyable, connected in the cockpit revolution by creating TS 16949 by an IATF-recognized transition to digital automotive cockpits, and safe driving experience within even more advanced technology certification body. electrification of the powertrain, and the the ecosystem around the vehicle. To solutions based on artificial intelligence, evolution of advanced driver-assistance meet a broad set of industry needs, our augmented reality, driver monitoring and Website: www.visteon.com systems. product launches include an industry- interior sensing. Social Media: first wireless battery management Products: Digital instrument clusters, system for electric vehicles, multi-display displays, Android-based infotainment systems, Android-based infotainment, systems, cockpit domain controllers, digital clusters, and cockpit domain advanced driver assistance controllers. We are replacing traditional systems (ADAS), and automotive hard buttons, knobs and switches with electrification including wireless modern control panels that use touch battery management systems. and haptics combined with displays to deliver a more refined experience.

5 | Corporate Sustainability Report Sustainability Strategy Companies can make a difference

Global companies like Visteon can move Visteon’s three pillars of sustainability the collective needle on solving the provide a solid foundation for making a world’s problems by utilizing their human difference in our communities around the and financial resources to innovate in world. ways that benefit private interests and the public good.

Inclusive Environmental Economic Growth Protection Viability

Safe working Energy and water Innovation conditions conservation Product quality Community service Products to support protection of natural Profitable growth Diversity, equity and resources inclusion Reduce, recycle and People development reuse

Celebrating World Tree Day in Palmela, Portugal

6 | Corporate Sustainability Report Industry Associations Working together to shape automotive technologies

Visteon actively participates in these associations which provide forums to discuss future transportation systems, develop standards and share related issues affecting the automotive industry and its stakeholders.

Member, Participant In Founding Member, Participant Various Workgroups Member In Various Councils

Member Member Member

7 | Corporate Sustainability Report Awards Visteon is proud to serve the world’s automakers, and strives for excellence in all areas of our business

Leading Technology Publication Mexico, China and India Plants Recognizes Visteon’s India Team Earn Ford Q1 Certification

Visteon was named Auto Components Ford Motor Co. recognized three Manufacturer of The Year by Auto Visteon manufacturing facilities with Q1 Components India for its products, its Certification for outstanding performance: role in shaping the future of automotive Chihuahua, Mexico; Chennai, India; and cockpit electronics and for making Shanghai, China. advanced technology affordable for mass-market applications. The following Q1 accreditation is awarded to Ford technologies strengthened Visteon’s suppliers that exhibit excellence beyond nomination: technical specification requirements in five critical areas: capable systems, • Android-based infotainment system for continuous improvement, ongoing the Volkswagen Nivus performance, superior manufacturing • Hybrid cluster and tripper navigation for processes and customer satisfaction. Royal Enfield Meteor 350 two-wheeler The Chennai plant earned a perfect score in India and 78 other countries of 100. • Instrument cluster for the Hyundai Creta, based on a platform developed for the Kia Seltos in 2019

Shanghai, China

8 | Corporate Sustainability Report Awards Visteon is proud to serve the world’s automakers, and strives for excellence in all areas of our business

Three Years of Exceptional Visteon’s China Sites Earn Bulgaria Earns Honors for Results for AAT Industry Awards for Second- Product Launch Straight Year For the third-straight year, Visteon Automotive Cluster Bulgaria (ACB) Automotive Electronics Thailand Shanghai Visteon Automotive Electronics recognized Visteon with its R&D Solution Ltd. earned the Top Supplier Award (SVAE) received the 2020 Excellent of the Year award for the production from AutoAlliance Thailand (AAT) for Supplier Award for overall supplier launch of the SmartCore™ cockpit manufacturing excellence and support. performance from Jiangling Motors Co. domain controller. Earning the award for two consecutive The prestigious award recognizes ACB, a nonprofit organization that years reinforces a culture of excellence Visteon’s exceptional results in quality, supports business growth in Bulgaria and and agility at SVAE’s technical centers in cost and delivery. It is also the company’s internationally, presented the award after Shanghai and Wuhan. fifth in six years from AAT, which the successful development and launch ACB Award, Bulgaria also honored VETL for consistently Visteon China received GGAI’s 2020 of Visteon’s SmartCore cockpit domain outstanding performance. The company, Annual Intelligent Connected Market controller with Daimler. The company’s which has had a manufacturing presence Share Leader Award for technological, engineering team in Sofia played a critical in Thailand for 22 years, built a plant product and brand innovation within role in supplying the technical excellence strategically close to AAT operations in China’s intelligent connected services for product development and enhancing 2013. chain. The award recognizes Visteon the overall quality of the road-ready China’s role as a Tier 1 supplier of platform. automotive electronics solutions offering end-users a rich, networked experience for entry-level and luxury model vehicles.

ACB Award, Bulgaria

9 | Corporate Sustainability Report Environment Visteon is committed to reducing emissions

A cleaner, greener, healthier environment • Investigating and procuring, where is important to Visteon’s global business feasible, renewable energy to reduce activities. We embrace our responsibility the company’s global carbon footprint to reduce carbon emissions and manage • Continuing to seek impactful and the environmental impact of our business innovative energy efficiency projects in operations. our operations Environmental responsibility includes Visteon is committed to reducing air quantifying and reducing emissions emissions, including carbon monoxide that result primarily from electricity (CO), nitrogen oxides (NOx), particulate consumption, and minimizing the impact matter (PM), sulfur oxides (SOx), of activities throughout our global supply volatile organic compounds (VOCs) and chain. Visteon approaches climate hazardous air pollutants (HAPs). To help change and emissions-reduction efforts in improve air quality, our facilities comply several ways, including: with federal, state, provincial, city, county • Working to meet international targets and district requirements. for emissions reduction including Third-party environmental professionals reductions needed to keep global review and audit our environmental warming below 2C from pre-industrial programs for compliance as necessary. levels These audits include a multifaceted • Transparent climate change disclosure inspection of agency reporting, emissions including annual reports to the Carbon records, and work practices Disclosure Project

10 | Corporate Sustainability Report Environment Fully compliant with global environmental, safety and health standards

Visteon was in full compliance with all We educate and inspire manufacturing Improvements are measured by objectives and targets that include but customer product-related environmental, employees by sharing green initiatives in are not limited to: health and safety requirements in 2020. all of our communication channels. Our integrated environmental, health and • Creating a safe workplace for all • Improving the efficiency and safety management system is consistent Efforts to improve energy use included employees with zero tolerance for conservation of energy and natural with ISO 14001 and ISO 45001 using VSD air compressors and chillers unsafe acts or conditions resources international standards. and installing renewable energy solar panel systems. We added automatic • Achieving excellence through • Ensuring fulfillment of environmental, Designed to identify, evaluate and control controls with sensors and timers to systematic environmental, health health and safety compliance significant environmental aspects and lighting systems, and LED light products and safety processes during obligations safety risks, these standards are the are now used for illumination. product design, development foundation for continuous improvement and manufacturing Energy teams meet monthly to share at Visteon facilities and its products and • Commitment to product chemical Visteon routinely engages metrics and best practices for energy services. content transparency efficiency improvements. Behavior “ in open dialogue with its Visteon collects and reports 100% of conservation training is also conducted • Reducing, reusing and/or customers regarding chemical its product chemical content to the annually. recycling wastes and packaging International Material Data System materials and/or recycled content To elevate our waste-improvement (“IMDS”), a global data repository that • Considering lifecycle efforts, we designed initiatives to reduce, strategies. contains information on materials used by perspectives when making recycle and reuse materials. This includes ” the automotive industry. business decisions reducing scrap, ensuring segregation Since 2005 we have required full of waste and implementing waste • Reducing air emissions and chemical disclosure from our suppliers awareness campaigns for employees. promoting pollution prevention (allowing only minimum confidential substances to protect trade secrets).

11 | Corporate Sustainability Report Environmental Targets for 2025 Visteon set the following targets as part of our commitment to environmental responsibility

Greenhouse Gases Energy Consumption Waste Reduction Water

Reduce scope 1 and 2 CO2 Reduce energy use 6% from Reduce solid waste 5% from Reduce water consumption by emissions 25% from 2019 2019 baseline 2019 baseline 6% from 2019 baseline baseline Renewable energy to comprise Recycle more than 90% of all Minimize water used in Increasing use of renewable 50% of total energy used at solid waste manufacturing processes energy will be a significant global facilities contributor to the reduction of greenhouse gases for our operations

12 | Corporate Sustainability Report Sustainability Programs Visteon works with organizations to validate initiatives impacting the environment

As automakers continue to become greener, Visteon and key customers participate with organizations that help them document and share sustainability practices to reduce carbon dioxide emissions and waste, and more efficiently use water and energy. Ford Motor Co.’s NQC Climate Disclosure PACE Program SupplierAssurance Project (CDP)

Partnership for a Cleaner To create transparency in key Visteon has been a member and Environment (PACE) helps operations, Visteon participates active participant in CDP since Visteon and other Ford suppliers with OEM customers in NQC 2011, a nonprofit organization that minimize their environmental SupplierAssurance supply chain collects and publishes climate impact by sharing details of its mapping to document the source and water use data. best practices for water, energy of every material, process and and carbon dioxide reduction. shipment involved in bringing goods to market.

13 | Corporate Sustainability Report Environmental Metrics: Energy Incorporating renewable sources as part of our energy profile

Energy Usage Energy Usage/Revenue (Trillion BTU) (BTU/Millions of US$) (Thousands)

Solar panels, India

14 | Corporate Sustainability Report Environmental Metrics: Emissions Visteon complies with all local requirements to reduce CO2 emissions and improve air quality

Emissions Emissions/Revenue (Metric Tons CO2 Equivalent) (Metric Tons CO2 Equivalent/Millions of US$) (Thousands)

15 | Corporate Sustainability Report Environmental Metrics: Waste Visteon manufacturing facilities eliminated 36 tons of waste annually by replacing boxes with reusable plastic bins

Waste Waste/Revenue Hazard Waste (Metric Tons) (Metric Tons/Millions of US$) (Metric Tons)

16 | Corporate Sustainability Report Environmental Metrics: Water Minimizing water used in manufacturing facilities

Water Water/Revenue (Cubic Meters) (Cubic Meters/Millions of US$)

17 | Corporate Sustainability Report Environmental Health & Safety Successes Building a culture of safety, sustainability

Seven Years and 3,000 Days Better Waste Management of Safety Multiple global facilities are reducing More than two dozen Visteon facilities waste by: have zero lost-time injuries, and two • Eliminating 36 tons of waste annually plants earned honors for achieving long- by eliminating carton boxes for 18 term safety records. part numbers and replacing them with Employees in Reynosa, Mexico achieved reusable plastic bins seven years without a lost-time injury, • Replacing polythene used during thanks to a strong culture of safety that assembly with cloth bags to avoid starts from the day an employee begins cover waste the onboarding process. The plant works • Eliminating carton box packing for Reynosa, Mexico hard to maintain a preventive mindset local supplier deliveries and now use through regular safety training. reusable plastic bins Employees at Visteon Electronics Russia • Reusing plastic containers instead of celebrated 3,000 days without a lost-time disposable pallets during end-item case by reinforcing safety rules every packing of customer products day. • Replacing disposable employee head caps with reusable caps

Visteon Electronics Russia

18 | Corporate Sustainability Report Environmental Health & Safety Successes Making a positive impact in our communities

Visteon Recognized for Celebrating World Tree Day in Environmentally Conscious Palmela, Portugal Behavior by Europe’s Largest Visteon’s employees in Palmela, Portugal Nonprofit IT Company donated 65 trees to the municipal Parque Vernâcio Ribeiro da Costa for World Tree Visteon Electronics Germany GmbH Day on March 21. The donation was in received a certificate from AfB gGmbH partnership with the Palmela City Council. recognizing the facility’s environmentally conscious practices and for making a The United Nations established the positive social and ecological impact by observance in 2012 to celebrate and raise working with the nonprofit organization to awareness of the importance of all types refurbish its old electronic hardware. of forests. Organizations are encouraged Karlsruhe, Germany to organize activities involving forests and By handing over the used hardware to AfB, trees, such as tree-planting campaigns. a certified waste management company, Visteon’s IT team in Karlsruhe, Germany maintains a transparent, secure and ecologically responsible approach to its information and communication technology. In extending the product lifecycle, Visteon helps conserve natural resources, reduce emissions and create jobs for people with disabilities at AfB.

Palmela, Portugal

19 | Corporate Sustainability Report Health & Safety Our commitment to keeping employees safe

Visteon continues to champion aggressive Visteon management provides the board safety goals and is targeting zero lost-time of directors with regular health and safety injuries for all facilities. Our recordable reports, including updates on return-to-work injury case rate was 0.01 per 100 health and safety protocols globally as a employees, and more than two dozen result of COVID-19. manufacturing and technical centers had zero lost-time injuries in 2020. The company tracks near-misses and all first Covid Safety aid cases. We perform analytics on each incident and prioritize improvement actions. To keep employees safe and maintain operations during the pandemic, In addition to requiring protective equipment we implemented new health-related and enforcing comprehensive safety measures, including: policies and procedures, the company encourages employees and leaders to look • Wearing company-provided face masks continuously for ways to improve workplace at all times while on company property safety. • Temperature-taking protocols Visteon has implemented and maintains • Increased hygiene, cleaning and a health and safety management system sanitizing procedures at all locations that is certified to the OHSAS 18001 or ISO • Social-distancing 45001 standard. All manufacturing locations under Visteon environmental, health, and • Restrictions on visitors to our facilities safety multi-site certification meet this • Limiting in-person meetings and other standard with auditing compliance by a gatherings third party.

COVID relief fundraiser, Karlsruhe, Germany

20 | Corporate Sustainability Report Health & Safety Metrics Our goal is zero lost-time injuries

As part of our commitment to safety, Visteon tracks lost-time cases and recordable injuries to help us make Lost-Time Case Rate Lost-Time Case Rate improvements that reduce accidents. (Global) (Regional)

The metrics are based on the number of hours that 100 employees would work in a year, based on 40 hours per week and 50 weeks per year.

Lost-time case rate: Number of work- related injuries and illnesses that result in time off work.

Severity rate: Number of days an employee misses (lost days) due to a work-related injury or illness.

Recordable injuries: Work-related injuries resulting in medical treatment greater than first aid which leads to restricted work or lost days of work.

21 | Corporate Sustainability Report Health & Safety Metrics Creating a safe working environment for everyone

Severity Rate Severity Rate (Global) (Regional)

“ Visteon has zero tolerance for unsafe acts or conditions.”

22 | Corporate Sustainability Report Health & Safety Metrics Creating a safe working environment for everyone

Recordable Rate Recordable Rate (Global) (Regional)

“ Visteon was once again best-in-class for safety among automotive and manufacturing companies in 2020.”

One recordable case occurred in 2020, but it did not result in any lost days of work.

23 | Corporate Sustainability Report Supply Chain

Visteon is committed to ensuring its We also source components from multiple suppliers are aligned with the company’s geographical locations to help ensure sustainability principles. materials and components are available during a possible regional or global crisis. Our Supplier Code of Conduct requires Our purchased commodity strategies call compliance with all applicable laws and for dual validation of interchangeable regulations, including those relating to parts when possible, further protecting environmental matters, wages, working the supply chain during any potential hours, conditions of employment, supplier disruption. discrimination and health and safety. The Supplier Code of Conduct also Visteon’s advanced inventory modeling requires companies to attest that process considers multiple supply chain anything purchased by Visteon will not be risk factors and ensures that adequate produced by child or forced labor either safety stock of material is in place by the supplier or its suppliers. through the supply chain.

All suppliers are expected to decrease Learn More About Visteon’s Supplier their greenhouse gas emissions, reduce By incorporating sustainability Policies Here: waste while preserving natural resources “ requirements into our and conduct responsible sourcing of their • Supplier Code of Conduct materials. procurement process and • Quality Policy We confirm that suppliers employ sound setting expectations for our • Code of Basic Human Rights and governance practices and are reducing suppliers, sustainability is Working Conditions their impact on the environment through cascaded through the entire • Ethics and Integrity Policy a combination of certifications, site evaluations and meetings as well as third supply chain. • Global Environmental Health and party assessments. ” Safety Policy

24 | Corporate Sustainability Report Visteon’s Supplier Code of Conduct Aligning suppliers with our sustainability principles

Visteon is committed to ensuring its The terms and conditions also require Through a combination of third-party Conflict Minerals suppliers are aligned with the company’s that suppliers attest that any supplies assessments, on-site evaluations sustainability principles. purchased by Visteon will not be and meetings, we confirm that our Visteon takes steps to ensure the produced with forced labor either by the global suppliers are employing sound components and materials in our Visteon issues terms and conditions to all supplier or its suppliers. governance practices and reducing their products – regardless of where they of our suppliers that include compliance impact on the environment. are assembled or sold – do not with all applicable laws and regulations, We encourage our suppliers to utilize contain conflict minerals that have including those relating to environmental environmental management systems Visteon suppliers can access our Supplier contributed to the armed conflict in matters, wages, working hours, within their facilities that conform to Portal and other resources by following the Democratic Republic of Congo conditions of employment, discrimination, the requirements of ISO 14001 or an the instructions on our Website. (DRC) and surrounding countries. and health and safety. applicable norm for their specific industry. We have imposed standard reporting requirements on our supply chain regardless of where the components and materials are purchased.

We work closely with the Automotive Industry Action Group (AIAG) and with A commitment to ethics Human rights and working Environment and our customers and other Tier 1 suppliers and integrity conditions sustainability to ensure continued consistency in the tools used to establish this process. Fair, honest and responsible Treating employees and Proactively protecting the Requirements are cascaded annually to behavior related to financial suppliers with integrity and environment, conserving natural our supply chain. reporting, material sourcing, respect, providing a safe work resources, and reducing the intellectual property and conflicts environment and adhering to all overall environmental impact of For more information, see the Visteon of interest including compliance applicable laws. operations. Conflict Minerals Report. with all applicable laws.

25 | Corporate Sustainability Report Strategic Supplier Awards Honoring those who exceed expectations

Every year, hundreds of companies Companies received awards for Best uphold our supplier standards as they Customer Focus, Best Delivery, Best deliver goods and services that help Engineering and Innovation, Best Quality us grow our leadership position in Supplier and Best Indirect Supplier. The From supporting our core automotive cockpit solutions. company embodying all of the criteria of “ business activities with the other awards presented was named In December 2020, we recognized Supplier of the Year. OEMs to joint work on a companies for partnering with us to help deliver new technologies to an evolving Visteon cited many of the honorees for project that helped the auto industry during a year challenged by responsive customer service and critical communities where we the COVID-19 pandemic. support during product launches for our live and work, each of the OEM customers. Several of the 2020 Virtual Strategic suppliers we honored stood Supplier Award recipients are helping us change the automotive industry by us during the challenges with innovation and revolutionary of 2020 – and exceeded technologies. Our work with these suppliers offers OEMs and end-users a expectations for excellence. customizable and new age automotive ” experience. Sachin Lawande President and CEO Highly skilled and dedicated teams 2020 Virtual Strategic Supplier worked to innovate, create and meet Awards goals that made an impact in an industry facing multiple challenges during the pandemic.

26 | Corporate Sustainability Report Products Visteon products drive major industry trends

Visteon is evolving our portfolio of products to address three main trends in automotive electronics:

• Growing demand for digital cockpits • Electrification of the powertrain ion i • More automated driving through t it advanced driver-assistance systems a a i li i Our products are powertrain-agnostic and r a t can seamlessly work for electric vehicles t i as well as traditional vehicles. o e

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27 | Corporate Sustainability Report Products Electrification electronics: Wireless battery management system critical to EV state of health and charge

As market share for electric vehicles and operation, helping automakers Visteon’s wireless BMS continues to grow, Visteon has introduced enhance vehicle and passenger “ the industry’s first production-intent, safety and improve overall quality and technology replaces the wireless battery management system reliability. Its versatile modular design is wired connections with a (BMS). customizable and scalable for any EV platform and reduces vehicle cost, weight highly secure and reliable Electric vehicles need enormous amount and space. wireless communication of power to operate, and batteries for EVs are made from hundreds or even We are working with GM to introduce technology. thousands of battery cells to deliver this solution on all planned EV models ” the required power. Traditional battery powered by their Ultium batteries. The management systems use wired wireless BMS system will help ensure the connections between the electronic scalability of Ultium batteries across GM’s components, adding cost, weight and future lineup, covering all brands and space as well as additional work to vehicle segments, from heavy-duty trucks manufacture the battery pack. The to performance vehicles. connectors and wires of the harness are prone to mechanical failures that are Our GM wireless BMS business win was expensive to fix. quickly followed by a second award from a separate global OEM and will launch Visteon’s wireless BMS technology initially in 2023. Similar to our first win replaces the wired connections with with GM, there will be additional follow-on a highly secure and reliable wireless launches as the automaker adds more communication technology that eliminates vehicle models to their electric platform. these limitations. This wireless solution We look forward to presenting this keeps a constant eye on battery health solution to other interested OEMs.

28 | Corporate Sustainability Report Products MicroZone™ delivers richer display and is an effective alternative to OLED solutions for lower power consumption

Visteon’s new microZone™ is the microZone can meet these performance industry’s first display technology offering targets at a power consumption on par automakers premium optical performance with traditional LCD technology due to and an effective alternative to OLED key enabling innovations developed in- solutions at a competitive price without house at Visteon. sacrificing reliability or lifespan.

Visteon created microZone to match consumer-grade display quality and survive the rigors of the automotive environment. microZone surpasses traditional display technologies across several critical categories, including the delivery of optical performance comparable with mobile devices that consumers have come to expect, as well as color gamut, contrast and brightness levels.

This is especially important as vehicle manufacturers look for new ways to reduce power consumption in the cockpit without compromising color contrast, quality and brightness.

29 | Corporate Sustainability Report Products SmartCore™ cockpit domain controller simplifies driver interaction

Our industry-first SmartCore™ domain development with other OEMs based on controller technology continues to build this technology. momentum in the industry because of its ability to combine the functions of multiple We are incorporating the 3rd Generation ECUs into a single box. It can control Snapdragon™ Automotive Cockpit clusters, infotainment, telematics, surround- Platforms into the next-generation view cameras, driver monitoring and rear- SmartCore platform, which creates seat entertainment — all from a single box. an infotainment ecosystem that safely delivers integrity-level information to Integrating control of these functions on drivers and advanced driver assistance a single ECU reduces signal latency, systems (ADAS). SmartCore Gen 3 eliminates excessive wiring and saves integrates a multi-display environment to considerable weight. The hardware can support instrument clusters, infotainment, be used more efficiently, eliminating the rear seat entertainment, connectivity need to duplicate interfaces for memory, security and telematics. display and video in separate ECU boxes. Visteon and ECARX are using Making its debut in Daimler’s Mercedes- Qualcomm® Snapdragon™ Automotive Benz A-Class in 2018, SmartCore has Cockpit Platforms to develop intelligent become the industry-leading cockpit technologies and share research to domain controller across light-duty commercialize an integrated cockpit vehicles as well as the commercial and project for a variety of vehicle platforms two-wheeler market segments. Visteon starting in 2021. The three companies launched the first SmartCore system for are working to deliver the technology an electric vehicle with a manufacturer in and creativity for a high-quality cockpit China and has multiple programs under experience across multiple segments.

30 | Corporate Sustainability Report Visteon Quality Committed to over-delivering on customer expectations

More than ever, customers want to reliable processes and a quality work with companies committed to management system to reduce, if not delivering the highest level of quality. A eliminate, warranty issues and scrap. culture of total quality in everything we do creates lasting relationships built by The company uses a product demonstrating integrity, trust, commitment development process called Vistway and dependability. to identify continuous improvement opportunities and take a structured Visteon is committed to meeting approach to problem solving. All all customer and industry quality operations and employees follow requirements and has secured IATF Visteon’s quality management system 16949 and/or ISO 9001 quality and product safety processes. certifications as appropriate to each facility.

Our teams have strong functional expertise and operate under a global quality policy designed to drive early risk identification and mitigation, implement best practices and ensure continuous improvement.

We focus on ensuring the necessary safety measures are taken in connection with the design, manufacture and distribution of our products. We use

31 | Corporate Sustainability Report Visteon Quality Awards Recognizing some of our best solutions

Quality Statement To acknowledge the range and creativity of the prevention initiatives This statement outlines the quality policy and problem-solving solutions of Visteon Corporation. implemented by our global teams, Visteon’s Quality Award program It applies to all facilities and individual recognizes individual and team representatives of Visteon and its contributions in three categories: affiliates. • Continuous improvement • We will partner with our customers to design and build the best vehicles in • Prevention of recurrence the world, by combining our automotive • Six Sigma initiatives intellect with operational excellence in safety, quality, efficiency and speed. Quality Award submissions can be • We will empower our employees to made by teams of up to 10 individuals provide solutions for our customers, from multiple global locations. Teams and build a network of sustainable, can consist of Visteon employees, mutually beneficial business contractors, suppliers, purchased relationships. services personnel and interns. Regional coaching is also available to • Our commitment to continuous offer guidance and feedback through improvement will be demonstrated in our the process. actions and in the effectiveness of our operating systems and processes. “We are committed to delivering high- quality solutions that exceed expectations to minimize performance issues.”

32 | Corporate Sustainability Report Governance Ethics and Integrity Policy: Committed to the highest standards

Visteon is committed to maintaining the confidentially report any concerns or highest standards of ethics and integrity. failures in compliance.

Our ethics and compliance program is Visteon has a specific policy for handling based on the Visteon Ethics and Integrity internal investigations of possible Policy, which has been translated into business conduct and ethics violations 11 languages describing the company’s and other matters involving fraud, theft, expectations regarding standards of ethics or financial reporting concerns. behavior and conduct for all directors, The board of directors’ audit committee employees and contractors. receives periodic reports from the general counsel regarding the company’s ethics The policy underscores our dedication and compliance program including any at all levels of the organization to reported incidents. the behaviors underlying our ethical Visteon Prohibits Political standards. Employees receive mandatory Contributions training upon joining the company as well as periodic refresher courses to educate Visteon does not make political them on key compliance issues and risk contributions nor does the company areas. have a political action committee. Although employees may make In 2020, all new employees and 93% personal contributions on their own of the company’s salaried employees time and with their own resources, completed training. the reimbursement of such political contributions by the company is not The company also maintains an ethics permitted. hotline and encourages employees to

33 | Corporate Sustainability Report Human Rights and Working Conditions Treating employees with respect and valuing differences

Visteon is committed to creating and Visteon also requires that companies Our commitment includes: maintaining an environment where all throughout our supply chain adopt and employees are treated with integrity enforce similar workplace codes of • Actions to combat modern slavery and respect, and differences are highly conduct. We will seek to identify and and use of conflict minerals valued. utilize organizations that aspire in the • Doing business in an ethical conduct of their business to standards manner and with respect for our By creating a corporate culture that does that are consistent with our code of people and the communities in not tolerate harassment or discriminatory conduct. which they live treatment of any form, we can give every • Respect for human rights issues employee the opportunity to contribute We respect international conventions and taking those issues seriously, fully to Visteon’s business success. aimed at promoting and protecting whether through human trafficking, human rights, including the Universal modern slavery, child labor or The company has adopted a Code Declaration of Human Rights. This Code otherwise. of Basic Human Rights and Working of Basic Human Rights and Working Conditions as an extension of our Ethics Conditions supports our commitment to and Compliance Program. We offer diversity, equality, and the recognition and training and make the code of conduct protection of fundamental human rights in available to all employees. The board the workplace. of directors has oversight and receives periodic reports from the general counsel regarding compliance with this code of conduct.

34 | Corporate Sustainability Report Board of Directors Committed to social responsibility

The board of directors believes a Environmental: Performance reporting, commitment to positive environmental, long-term goals and commitments, social and governance-related business corporate citizenship practices strengthens Visteon, increases connections with shareholders and helps Social: Company culture, ethics and the company better serve OEMs and compliance, health and safety communities where we operate. Governance: Selection and evaluation Visteon’s commitment to social of directors, executive remuneration, responsibility extends to the environment, enterprise risk management anti-corruption and trade compliance; Francis Scricco James Barrese Nomi Bergman Jeffrey Jones responsible sourcing; human rights; The board has established five standing (Chairman) labor practices; and employee health committees: and safety. The board and management • Audit are developing a multi-year roadmap to enhance our environmental, social • Corporate Sustainability and and governance-related programs and Governance disclosures, including assessment of the • Finance and Corporate Strategy potential risks associated with climate • Organization and Compensation change. • Technology Management provides regular reports and presentations to the board which The principal functions, composition and include the following topics: charters of each committee can be found at www.visteon.com. Sachin Lawande Joanne Maguire Robert Manzo David Treadwell

35 | Corporate Sustainability Report Cybersecurity Safeguarding Visteon’s business

Visteon has established a global partners, and conduct assessments, Visteon’s Frontline Defense enterprise security program to help audits and penetration tests Against Cyberattacks safeguard the integrity and security of our products as well as the confidential Visteon’s IT security team is Because people are our frontline information we maintain related to our geographically dispersed and supported defense, we teach employees how to employees and customers. Studies by managed security service providers to spot potential cyberattacks and report show most successful cyberattacks offer incident response and technology suspicions. stem from human deception. Criminals support. The team has obtained industry- seek to steal login credentials, internal leading security certifications, managed Interactive lessons and educational data, trade secrets and personal large global incident response activities videos address specific cybersecurity information. Ransomware attacks can and is trained constantly on new tools, issues, equipping employees with the damage systems and halt operations, techniques and procedures. knowledge necessary to maintain top- causing costly and impactful damage to of-mind security awareness. production and reputation. Security awareness, along Topics include: Visteon employs leading technology “ with robust enterprise security • The Internet of Things to isolate cybersecurity threats before they become entrenched and cause technology, is business- • Social engineering widespread damage. Security awareness, critical. • Email security along with robust enterprise security ” • Working remotely technology, is business-critical. Our Through the end of second quarter enterprise security strategy focuses on 2021, Visteon has not experienced • Privacy fortifying our people, processes and a cybersecurity-related incident that • Social networking technology. We align our processes with has resulted in material loss of data or ISO 27001 global security standards, financial loss. collaborate with internal and external

36 | Corporate Sustainability Report Diversity, Equity and Inclusion An opportunity to make an impact

Diversity equity and inclusion (DEI) is an important strategic initiative because it is the right thing to do – and it makes good business sense.

Visteon believes fresh perspectives and new ways of thinking will help us build a stronger company. We use the power of employees’ varied backgrounds, cultures and experiences around the world to advance our competitive edge.

Putting DEI into Action DEI defines our company’s actions by:

• Embracing differences in our workforce • Offering equal opportunities for all Diversity Equity Inclusion of our employees to learn, grow and advance their careers The presence of differences in Equal opportunities for all Creating an environment where • Helping the communities in which we our workplace employees to learn, grow and everyone feels they belong operate to grow along with us advance their careers • Ensuring everyone has a sense of belonging

37 | Corporate Sustainability Report The Employee Journey DEI leads to better talent and business results

Diversity, equity and inclusion (DEI) is a Visteon respects employee Hiring & Growth & Rewards & key component of the Visteon employee contributions, and: Onboarding experience. Our employee journey Selection + + Development + Recognition reflects the diversity of the company’s • Trains managers to drive employee success and continuous improvement workforce. Insist on Create by giving in-the-moment feedback Provide equal Respect diverse talent connections opportunity employee From the start, Visteon: • Values employee contributions at all pools when for new hires to learn, grow contributions • Recruits from diverse pools of talent levels and recognizes and celebrates recruiting their achievements Frequent and advance at all levels • Conducts candidate interviews by Ensure check-ins In the moment Recognize diverse teams The benefits of a diverse and diversity in to ensure performance and celebrate • Makes it clear that all employees have interview a sense of inclusive environment create: feedback achievement equal opportunity to learn, grow and teams belonging • Stronger working relationships advance their careers with customers, suppliers and our communities For new hires, we: • Better ideas, thoughtful dialogue and, • Create the right connections and ultimately, greater innovation schedule frequent check-ins • Talent retention and higher productivity • Ensure they have a sense of belonging and inclusion Incorporating DEI into all aspects of • Make sure they understand what is the employee journey results in better expected of them business and talent outcomes. Better business and talent outcomes

38 | Corporate Sustainability Report Managing COVID Visteon is stronger now than before the pandemic

There is no simple way to sum up 2020: Local health authorities recognized customer portfolio. In addition to significant Finally, the cost-control measures, coupled The COVID-19 pandemic disrupted lives our manufacturing plant in Chihuahua, new business wins in digital clusters, with new business wins and product and livelihood around the world. The Mexico for its exemplary measures. infotainment and displays, we successfully launches, have helped the company damage caused by the pandemic resulted And, in the early days of the pandemic expanded our business in the emerging maintain strong financial liquidity, improve in the contraction of virtually all major when personal protective equipment electric vehicle segment with a wireless profit margin and position us for strong economies, and the global economy will was in short supply, the Visteon team battery management solution that has growth in the years ahead. In many ways, take a few years to fully recover. manufactured and donated tens of great potential for growth. the company is stronger now than it was thousands of face shields to medical prior to the pandemic. The impact was particularly significant professionals throughout the world. on the global automotive industry, with overall industry production volumes decreasing 16% in 2020 over 2019. Despite COVID-19 restrictions, The speed and the magnitude of the “ we did not let the pandemic drop forced the industry to take difficult decisions to survive the downturn, and affect our commitment to Visteon was no exception. The company customers. put in place cost-control measures to ensure our financial viability. ” Visteon launched a record number of new Despite the uniquely challenging products with global OEMs – a remarkable environment, we developed a robust achievement even in a normal year. When set of operating procedures to protect the industry started to return to levels that the health and safety of our employees are more normal in the second and third from the virus and set out to assist first- quarters of 2020, we won new business responders. at almost pre-COVID-19 levels while simultaneously expanding our product and

Manaus, Brazil

39 | Corporate Sustainability Report Managing COVID Supporting communities during challenging times

Sharing Our Safe Plant Restart Coronavirus Task Force Safeguards Visteon Europe Teams Fight Against Protocols Business and Employees COVID-19 We shared our safe return to-work The pandemic created unprecedented In 2020, our teams across Europe protocols – aligned with World Health challenges for our industry and company. stepped up against COVID-19 and Organization recommendations and Our global Coronavirus Task Force has helped to improve the overall situation by country-specific regulations – throughout monitored the pandemic since the outset, producing and donating protective face the automotive industry. sharing best practices, adjusting policies shields to nurses and doctors in local and procedures to safeguard employees hospitals; grocery shopping for elderly Protocols at Visteon’s Chihuahua, Mexico and ensure business continuity. people; raising funds for charity and plant have been praised as a role model donating personal computers to students within the industry. Employees in Germany Help Out for access to online education during the During Pandemic lockdown. Palmela, Portugal 70,000 Face Shields for Global Medical Staffs Visteon’s technology center in Karlsruhe, Germany supported young Our global workforce designed, and vulnerable members of the local manufactured and delivered nearly community affected by the COVID-19 70,000 face shields to protect medical pandemic. staff at hospitals. With so many charitable events being We continue to support vulnerable postponed or canceled, employees took people, communities and institutions with part in virtual runs and bike rides – an donations, food and other provisions. exciting activity that promoted fun, a healthy lifestyle and team spirit, all while helping to raise money for charity.

Michigan, USA Palmela, Portugal

40 | Corporate Sustainability Report Employee Engagement Learning, growing and making an impact

The world’s best automotive electronics Recognizing and rewarding impactful and software talent is driving the future of achievements is an important part of the industry from Visteon facilities in 18 our company because it helps build a countries. Our employees learn, grow and global business that is innovative, agile, advance their careers while also making customer-focused, and entrepreneurial. an impact on the global automotive industry. Our culture is inclusive, supportive and values employee well-being. By working on multiple projects with the world’s leading vehicle manufacturers This approach has helped position and across a variety of functions, our Visteon for growth. Multiple business talent is a significant driver of research wins, successful product launches for a and development investment and a key growing base of top-tier OEM customers contributor to the global economy. Their and first-to-market technologies support innovation and talent fuel Visteon’s ability the growth of important trends such as to create a more enjoyable, connected electric vehicle technology. and safe driving experience.

Through their work, our employees gain valuable experience in leading-edge automotive electronics and software technology solutions that are driving the digital, electric and autonomous evolution among our global automotive customers.

41 | Corporate Sustainability Report Leadership Programs Momentum: Elevating women in leadership

Nearly two dozen women are taking part Eight interactive workshops help in a yearlong professional development participants examine their mindsets program designed to help Visteon and beliefs, elevate their strategic cultivate a strong pipeline of engaged communication and sharpen their female leaders. influential networking skills.

Momentum: The modules were developed through extensive research on the best ways to • Elevating Women in Leadership develop women for leadership roles and includes interactive workshops, include perspectives from around the personal skills assessments, individual world. leadership coaching, mentors to guide participants and a final capstone project based on their learnings that is presented to the senior leadership.

Participants were nominated by their managers and represent multiple regions, business functions and roles.

They begin the program by completing an online self-assessment that evaluates their strengths based on eight leadership dimensions and offers development suggestions. Virtual kickoff of year-long Momentum leadership program for women

42 | Corporate Sustainability Report Leadership Programs Building capabilities to meet tomorrow’s challenges

Visteon supports the next generation of company’s product portfolio and related impact on Visteon’s business growth and policies through quality education and business leaders and innovators through technologies. technology expansion. training opportunities. professional development programs that showcase their technical expertise The company’s Technical Ladder Review FutureMakers drives the kind of TAP is applicable to full-time salaried and ability to elevate work processes Board benchmarks specific skill sets entrepreneurial spirit, cultural diversity Visteon employees on U.S. payroll and and business results within their chosen within the industry to determine the and innovation mindset that the company begins 12 months after the last date fields. learning frameworks and capabilities needs for continued growth through of hire. Participants may receive up to needed to drive a culture of innovation. important recognition and rewards. US$5,000 for tuition and mandatory fees per calendar year. More than 2,500 courses Employees can move up the technical Visteon counts on its FutureMakers to “ career ladder by demonstrating drive the company’s competitiveness support the development needs increasing levels of skill, knowledge and through their leadership and technical of 10,000 employees who use expertise in their field to an exacting expertise. standard. Visteon’s learning management Ongoing Education: Tuition tool to learn, grow and advance In addition to technical understanding and Assistance Available to Help judgment, candidates must demonstrate Employees Grow their careers. creativity and innovation, communication ” and leadership qualities and the aptitude The Visteon Tuition Assistance Program Visteon Technical Ladder to manage and mentor others in their (TAP) is a voluntary, afterhours specific professional area. educational opportunity to help The Visteon Technical Ladder is a employees learn, grow and advance their technical professional community that FutureMakers: Recognizing Positive careers. recognizes employees who accelerate Impact the development of strategic core TAP helps distinguish Visteon as a leader competencies linked directly to the The FutureMakers program recognizes in recruiting, retention and development employees who have made a positive Sofia, Bulgaria

43 | Corporate Sustainability Report Employee Resource Groups Supporting Visteon’s diversity mission

Visteon’s diversity mission is supported Visteon has five employee resource by employee resource groups and a groups: strong commitment to work-life balance. • Straight Allies and Gay Employees Employee resource groups are open to (SAGE) salaried, hourly and retired employees, as • Visteon African Ancestry Network well as active agency contractors. (VAAN) • Visteon Asian Indian Association (VAIA) • Women in Visteon (WIV) • Visteon Asian Pacific Employee Network (VAPEN)

National Coming Out Day, Visteon headquarters

44 | Corporate Sustainability Report Community Outreach Building strength in our communities

Helping our communities grow with us Championing Educational Technical University extends beyond and the industry as a whole,” said Herro is an effort we take very seriously. We Initiatives in Bulgaria this current program. The company Mustafa, U.S. ambassador to Bulgaria, support the regions where we live and continues to teach and support young during a visit to the Visteon Bulgaria work through corporate contributions and As the automotive industry in Bulgaria talent, giving them the chance to gain facility. employee volunteer initiatives. continues to develop rapidly, demand practical experience during internship for engineers is also rising. Visteon programs, summer practices and the in- Visteon also supports a high school From providing food, shelter, health care and Technical University in Sofia have house engineering academy, which has in the city of Burgas that teaches and school supplies to volunteering and developed a four-year automotive graduated more than 90 participants. computer programming, offering courses mentoring activities, Visteon has funded electronics degree-based program to on software technologies, artificial programs to improve the lives of children educate, inform and establish a new “We are proud of Visteon’s work and intelligence and mechatronics to more and support education globally. We have generation of technical talent in the the impact you have made in Bulgaria than 100 students. also funded and provided employee country. support for local programs that preserve and protect the environment, including The curriculum incorporates modern the establishment of parks and the theories and best practices within today’s protection of wildlife. automotive industry, covering a wide range of topics including specialized Visteon employees fully embrace this electronics modules, process monitoring corporate commitment and actively and control systems in vehicles – from participate in supporting our communities. concept design to testing of the final Whether it is teaming up to plant trees, product. collecting household essentials for families in need, cleaning a neighborhood The goal is to provide a sustainable or promoting a healthier lifestyle, Visteon environment for the students and employees find ways to have a positive help them integrate into the business impact on their local communities. world. Visteon’s collaboration with the

U.S. Ambassador to Bulgaria Herro Mustafa visits Visteon’s European technology center in Sofia

45 | Corporate Sustainability Report Community Outreach Giving back in a multitude of ways

Visteon Brings Holiday Cheer to Employees in Portugal Contribute India Employees Volunteer to Help also donated more than 100 prosthetic Families in Local Communities through Visteon Cares Initiative People in Remote Regions devices to people in Maharashtra state and in North Karnataka for people who Despite challenges created by the global have lost a limb to accidents, disease or coronavirus pandemic, employees from birth defects. the company’s global headquarters in Van Buren Township, Michigan helped support those less fortunate during the holiday Giving back to the community season. “ and promoting good citizenship

Donations of presents and money were are important parts of Visteon’s collected for Operation Good Cheer. culture. These contributions benefit infants, ” children, teenagers and adults with Employees at technology centers in disabilities, many of whom reside in Chennai, Bangalore and Pune also foster care, group homes and residential Employees at Visteon’s technology center More than 25 Visteon India employees distributed more than 1,100 grocery treatment facilities throughout the state. and manufacturing facility in Palmela, participate in the facility’s volunteering kits to people in remote villages and Portugal, have given regular support and program called Aasha (the hope), which funded food and nutritional programs A second initiative, The Holiday Food contributions to community events in the focuses on programs for scholarships, for residents of homes for the elderly Basket Program, feeds underprivileged region. clean drinking water and infrastructure as well as special needs children and families in Southeast Michigan each year. needs at schools in remote villages. rehabilitation centers. Financial donations from employees Through the Visteon Cares program, were used to purchase food items such the company promoted equality in the They also distribute prosthetics to They also supplied medicine and hygiene as turkey, vegetables, rice, stuffing and workplace, helped underprivileged physically challenged people and help products to a palliative care center in potatoes. children and enhanced animal protection those who are facing economic difficulties Bangalore. during 2019 and 2020. obtain medical services. Volunteers

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