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2019 Global Supplier Conference Welcome!! NEXTEER CONFIDENTIAL 1 CONFIDENTIAL NEXTEER CONFIDENTIAL NEXTEER CONFIDENTIAL 3 CONFIDENTIAL NEXTEER CONFIDENTIAL 4 CONFIDENTIAL NEXTEER CONFIDENTIAL 5 CONFIDENTIAL NEXTEER CONFIDENTIAL Safe Harbor Statement These materials have been prepared by Nexteer Automotive Group Limited (“Nexteer” or the “Company”) and are being furnished to you solely for informational purposes. The information contained in these materials has not been independently verified. NO REPRESENTATION OR WARRANTY EXPRESS OR IMPLIED IS MADE AS TO, AND NO RELIANCE SHOULD BE PLACED ON, THE FAIRNESS, ACCURACY, COMPLETENESS OR CORRECTNESS OF THE INFORMATION OR OPINIONS CONTAINED HEREIN. It is not the intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of the Company’s financial or trading position or prospects. Neither Nexteer nor any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss that may arise from any use of this presentation or its contents or otherwise arising in connection with this presentation. Certain statements contained in these materials constitute forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause the actual results, performance or achievements of the Company to be materially different from those expressed by, or implied by the forward-looking statements in these materials. The Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Many factors may cause the actual development to be materially different from the expectations expressed here. Such factors include, for example and without limitation, changes in general economic and business conditions, fluctuations in currency exchange rates or interest rates, the introduction of competing products, the lack of acceptance for new products or services and changes in business strategy. In this document, all references to “Booked Business Amount” are to our estimation of the value of all booked business under contracts that have been awarded to us. The Booked Business Amount is based on estimated lifetime volume of the programs derived from indicative production arrangements provided by the applicable OEM customers and information provided by third-party industry sources. In calculating the Booked Business Amount, we also assume that the relevant contracts will be performed in accordance with their terms. Any modification or suspension of the contracts related to the booked business by our customers could have a material and adverse effect on the value of the booked business. The value of booked business is not a measure defined by International Financial Reporting Standards (“IFRS”), and our methodology for determining the Booked Business Amount may not be comparable to the methodology used by comparable companies in determining the value of their booked business. While we believe that our current Booked Business Amount is a relevant financial metric, the information in relation to the booked business and the Booked Business Amount included in this document does not constitute a projection, forecast or prediction of our profits, and the actual contract value may be different from the estimated Booked Business Amount due to various factors and uncertainties beyond our control. We cannot assure you that our estimated Booked Business Amount contained in this document will be indicative of our future operating results. This document does not constitute an offer, solicitation, invitation, or recommendation to purchase or subscribe for any securities and no part of it shall form the basis of or be relied upon in connection with any contract, commitment or investment decision in relation thereto. NEXTEER CONFIDENTIAL 7 CONFIDENTIAL NEXTEER CONFIDENTIAL 8 CONFIDENTIAL NEXTEER CONFIDENTIAL 9 CONFIDENTIAL NEXTEER CONFIDENTIAL 10 CONFIDENTIAL NEXTEER CONFIDENTIAL 11 CONFIDENTIAL NEXTEER CONFIDENTIAL 12 CONFIDENTIAL NEXTEER CONFIDENTIAL Strategy for Profitable Growth Expand Strengthen Capitalize on Optimize Cost Pursue Select Target China & Diversify Technology EPS as Enabler Structure Acquisitions & Emerging Revenue Base Leadership for ADAS & Alliances Markets A Well-Defined Plan to Drive Stakeholder Value 13 NEXTEER CONFIDENTIAL 14 CONFIDENTIAL NEXTEER CONFIDENTIAL 15 CONFIDENTIAL NEXTEER CONFIDENTIAL NEXTEER CONFIDENTIAL 17 CONFIDENTIAL NEXTEER CONFIDENTIAL 18 CONFIDENTIAL NEXTEER CONFIDENTIAL 2019 Global Supplier Conference Welcome!! 19 NEXTEER CONFIDENTIAL Surprises A year of Turmoil Uncertainty 2019 NEXTEER CONFIDENTIAL 20 NEXTEER CONFIDENTIAL Global Considerations U.S. – China trade friction and tariffs Brexit uncertainty and turmoil Global economic growth decelerating Central banks actions turning to accommodative positions Heightened tensions – N. Korea, Iran, China / Hong Kong 21 NEXTEER CONFIDENTIAL Closer to Home FX headwinds - U.S. dollar strength Slowing OEM production – particularly China consumer demand Tariff frictions requiring mitigation Significant investment shifts in mobility – both OEM’s & non-traditional players Heightened cost pressures by OEMs to secure business – incumbent & conquest 22 There is no bad weather… NEXTEER CONFIDENTIAL 23 There is no bad weather… Awareness NEXTEER CONFIDENTIAL 24 NEXTEER CONFIDENTIAL Fast-Paced and Challenging Macro Environment Scary yet Exciting! 25 NEXTEER CONFIDENTIAL Strategy for Profitable Growth Expand Strengthen Capitalize on Optimize Cost Pursue Select Target China & Diversify Technology EPS as Enabler Structure Acquisitions & Emerging Revenue Base Leadership for ADAS & Alliances Markets A Well-Defined Plan to Drive Stakeholder Value 26 1H 2019 Highlights 21 Customer Programs Launched 9 2 10 NEXTEER CONFIDENTIAL 27 1H 2019 Highlights New Launch Vehicles Conquest! Conquest! PSA Chevrolet GMC Cadillac DS3 Crossback Silverado HD Sierra HD XT6* Conquest! Conquest! Conquest! Conquest! Tata Harrier* Conquest! Mahindra BYD Lincoln Peugeot XUV300* F3* Aviator* 208* Conquest! Conquest! Conquest! Conquest! Nissan DAYZ* Mitsubishi MG Chang’An Ford eK Wagon* Hector* CS35 Plus* Explorer* Q1 2019 Q2 2019 NEXTEER28 CONFIDENTIAL 1H 2019 Highlights Global Footprint Expansion Manufacturing Engineering Footprint Expansion NEXTEER CONFIDENTIAL 29 1H 2019 Business Highlights Global Footprint Expansion 27 Manufacturing Facilities 4 Global Technical Centres +13,000 Colleagues Wuhan, China EPS Manufacturing JV with Dongfeng Liu Zhou, China In Construction Self-owned New Facility Kenitra, Morocco In Production EPS & Driveline Manufacturing In Construction Bangalore, India Suzhou, China Software Center APAC Regional In Production Technical Center In Construction Chennai, India EPS & Driveline Manufacturing In Production NEXTEER CONFIDENTIAL 30 1H 2019 Business Highlights Morocco Plant Grand Opening Booked Revenue Kenitra, Morocco In million USD EPS & Driveline 250 Manufacturing 200+ 200 150 100 Ground Breaking Grand Opening 50 March 2018 June 2019 0 2019 2020 2021 2022 2023 NEXTEER CONFIDENTIAL 31 1H 2019 Business Highlights Saginaw Driveline Transformation Launch Where We’re Headed 2H 2018 2020 & Beyond ▪ Global consistency leading to better quality and customer value ▪ Reduced lead time across the supply chain and utilizing more supplier technology ▪ Improved efficiency in plant operations ▪ Improved capacity utilization ▪ Technology improvement facilitating quality and cost improvements NEXTEER CONFIDENTIAL 32 1H 2019 Business Highlights Saginaw Driveline Transformation Manufacturing Process Staffing 10% 30% 45% Where We’re Headed 60% 2020 & Beyond 90% 70% 55% 40% 2018 2019 2020 2021 2018 2019 2020 2021 Mfg Source ▪ +3,900 part numbers impacted Floor Space Utilization (sq. ▪ +500 part numbers to be sourced ft.) ▪ +50 sequences of equipment and material relocations ▪ +1,100 pieces of equipment moved / relocated ▪ Consolidation of 2 facilities to 1 - ~50% reduction in floor space NEXTEER CONFIDENTIAL 2018 2019 2020 2021 utilization 33 1H 2019 Business Highlights Saginaw Driveline Transformation A Proof-Point… Existing BOP New BOP Where We’re Headed 2020 & Beyond Improvement Manning 70% Std. Hours 36% Floor Space 63% Scrap/FTQ NEXTEER CONFIDENTIAL 83% 34 1H 2019 Business Highlights Backlog Composition Order to Delivery Backlog* as of June 30, 2019 ($ in billions) 16% 26% +2.3 -0.2 25.6 25.2 -1.8 10% 3% $25.6B $25.6B 53% EPS 71% CIS 21% N. America HPS Asia Pac. DL EMEA-SA 35% $25.6B New Booking Dec 31, 1H 2019 Gross Adj. Jun 30, Composition 2018 Revenue New (Vol./FX) 2019 18% 12% 11% New / 55% Booking 8% 10% Conquest 4% 2% * Booked business information is compiled through our internal records, and Incumbent 45% such information has not been audited nor reviewed by our auditors. GM Ford FCA BMW PSA RNM SGMW Others NEXTEER CONFIDENTIAL 35 1H 2019 Business Highlights Investment for the Future! $198 $481! $84 1H 2019 Investment $114 $283 2H 2018 $144 Capital Spending 1H 2019 $139 2H 2018 Engineering NEXTEER CONFIDENTIAL 36 1H 2019 Financial Highlights Financial Performance Impacted Largely by Environmental Factors 1. Currency headwind from USD strength 2. Lower OEM production across all regions compared with 2018 3. Decline in China OEM production most impactful 4. GM NA K2 / T1 platform transition driving NA Columns revenue comparison NEXTEER CONFIDENTIAL 37 1H 2019 - Key Financial Metrics ($ in millions) Revenue EBITDA
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