Corporate Vision Structure of the Corporate Principles To create the affluent society The Corporate principles systematizes the origin of the behavior of companies and employees environment and comfort are in harmony, which Sanden should realize as “Global Excellent Companies”. we will continue to open up a new era Founding Spirit and become a company all the people trusts. Management Principles

Having the founding spirit of Corporate Philosophy ‘Let us Develop with Wisdom and Prosper in Harmony’ Corporate Vision as a basic philosophy, Sanden has continually been building Management Policies the corporate culture of challenge and innovation since its establishment in 1943. Mid-Term Plan,Execution Plan We believe our mission is to solve the social issues of the respective countries by providing new value STQM and achieve industrial and economic development, people’s health, and enriched society especially in the ‘Integrated Thermal Management’ field.

Founding Spirit This means that we should use our intelligence in combining our developmental and pioneering abilities to win prosperity for us all.

Let us Develop with Wisdom and Prosper in Harmony

Management Principles Our management Principles have been the cornerstone of our employees’activities since the company’s founding.

・Satisfy our customer's needs with high quality products. ・Contribute to the social and cultural improvement of community through business activity. The extensive mountains with lush greenery. The blue clear sky. ・Build a company of which all are proud, through the effort of self-motivated employees. A blue flash streaking far in the distance through such a beautiful scenery represents the Sanden-created 'comfort' that opens up a new era forever and ever.

01 02 Automotive Systems Business Main Products Automotive Air Conditioning System Products

■ System Products ■ Components

Heat Pump Systems HVAC Units Condensers Evaporators

■ Other Products

Heater Cores Electric Coolant Heaters Pipes for Air Conditioning We pursue the next generation of Air Conditioning System friendly to human being and the earth. Intercoolers Sanden group has quickly responded to the customer needs of vehicle electrification, so that its Automotive Air Conditioning System Products and the Compressor Products Compressor Products for Automotive Air Conditioning for Automotive Air Conditioning have been adopted by the auto makers, the construction machinery manufacturers, and the agricultural machinery manufacturers around the world.

SANDEN AUTOMOTIVE CLIMATE SYSTEMS CORPORATION

Business Field : Automotive Air Conditioning System Electric Compressors Swash Plate Type Wobble Plate Type Variable Displacement Compressors Variable Displacement Compressors Mainline Products : HVAC※ Units, Heat Pump Systems (PX series) (SDV/C series) We globally manufacture and sell various components constituting Automotive Air Conditioning System, and gain trust of the world leading auto makers, construction machinery manufacturers, and agricultural machinery manufacturers because of environmental technology as our core competency. ※HVAC:Heating, Ventilating and Air-Conditioning

Wobble Plate Type Scroll Type CO₂ Compressors Fixed Displacement Compressors Fixed Displacement Compressors SANDEN AUTOMOTIVE COMPONENTS CORPORATION (SD series) (TR series)

Business Field : Compressor for Automotive Air Conditioning Mainline Product : Electric Compressors, Variable Displacement Compressors Integrated Thermal Management System We are globally manufacturing and selling the Compressors which Sanden is also developing new technologies. The automotive industry is accelerating electrification of vehicles due to increasing are referred to as a heart of Automotive Air Conditioning System. In recent years, we have gained trust through environmental technology environmental awareness and tightening of environmental regulations across the world. Since no exhaust heat from engine is development especially for electric vehicle application. available on electric vehicles, the drive battery consumption increases during heating and cooling, which leads to a decrease in cruising distance. This is a major challenge for electric vehicles to be solved. Sanden will contribute to extending the cruising distance and improving passenger comfort by effectively utilizing the thermal energy of electric vehicles in an integrated manner. SANDEN ADVANCED TECHNOLOGY CORPORATION Strong Points of Integrated Thermal Management System Business Field : Advanced Technology Development ●Energy saving achieved through recovery and reuse of the exhaust heat from motor and inverter. Sanden AT is an elite "R&D" unit responsible for providing the next ●Improvement in battery performance through optimal cooling and heating. generation of technologies and products to other group companies. It develops new technologies and products to create Sanden's ●Equipped with highly efficient heat pump and small and light coolant heater. new products, and proactively conducts research and development ●Optimal thermal management for all heating and cooling devices for to cultivate new markets. air conditioning and other purposes, and provision of comfort.

03 04 Company Profile/History Global Network

Company Profile 48 business locations are deployed 26% 13 % Established July 30,1943 in 22 countries and regions. Overseas Overseas ■Overseas Capital 21.7 Billion Yen (As of June,2021) sales employee ratio ratio Automotive Systems Business ■Domestic Core businesses ▪Automotive Air Conditioning System ▪Compressor for Automotive Air Conditioning 87% 74% Consolidated annual sales 137.5 Billion Yen for the fiscal year ended March 31,2021 POLAND Number of employees on 6,246 as of March 31,2021 a consolidated basis

VW Gr, DAIMLER, RENAULT/NISSAN/MITSUBISHI, JAGUAR/LAND ROVER, VOLVO, Major customers CHINA PSA, GM, HONDA, SUZUKI, SAIC, SCANIA, KOMATSU, KOBELCO Overseas: 22 countries and regions Group Companies 48 business locations (As of June 2021) Europe 9 bases, Domestic Bases including 6 regional offices, China and Taiwan deployed in 6 countries 14 bases, 1837 employees including 6 branch factories, Sales : 61.5 billion yen deployed in 1 country and 1 region. 9 bases, 998 employees. deployed in Japan. Sales : 25.7 billion yen 1593 employees Americas Sales : 17.9 billion yen 4 bases, Headquarter Headquarter India deployed in 3 countries. Where Sanden was founded in 1943. The base where the core functions of 3 bases, (Located in Isesaki city, Gunma) administration and business are concentrated. 506 employees (Located in Chiyoda-ku, Tokyo) deployed in India. Asia Sales : 12.2 billion yen 623 employees 9 bases, Sales : 8.6 billion yen deployed in 9 countries. 689 employees Sales : 11.6 billion yen

INDIA MEXICO Yattajima Plant Sanden Global Center Sanden Forest and Akagi Plant The base where the components of Automotive The advanced and fundamental technologies In 2002, under the concept of "Coexistence Air Conditioning System and the Compressors for development base equipped with various between Environment and Industry without Automotive Air Conditioning are manufactured. experiment facilities. Contradiction", Sanden built Akagi Plant, Yattajima Plant acts as a mother plant supporting (Located in Isesaki city, Gunma) an environment-friendly factory adaptable to 21st production activities at Sanden's global century, in the forest which was developed using manufacturing bases. the near-natural construction method first in the ※ The sales figures show those from April 2020 to March 2021, and are classified by destination of products. (Located in Isesaki city, Gunma) private sector. The numbers of employees are based on the data as of March 2021. (Located in city, Gunma)

1943 1973 1977 1995 2000 2004 2015 Established Sankyo Electric Company Listed the Company stocks on the Established Sankyo Internationa(Singapore)Pte.Ltd. Established Sanden Manufacturing Established Tianjin Sanden Automotive Established Sanden Manufacturing Transferred to a holding company structure and changed at No. 20 Kotobukicho, Isesaki city, Gunma first section of Tokyo Stock Exchange (Currently Sanden International(Singapore)Pte.Ltd.) Europe S.A.S. in France Air Conditioning Co.,Ltd. in China Poland sp.z o.o. in Poland its company name to Sanden Holdings Corporation and renamed trademark to Sanden in Singapore 1982 Changed the company name to 2019 Sanden Corporation Executed transfer of all the issued shares of 1962 1974 1997 2002 2008 Sanden Retail Systems Corporation Listed the Company stocks on Established Sankyo International.(U.S.A),Inc. Absorbed the subsidiary Sanden Sales Co.,Ltd. Completed Sanden Forest Opened Sanden Global Center 2021 the second section of Tokyo (Currently Sanden International(U.S.A),Inc.) and Sanden International Co.,Ltd. and Akagi Plant Reached Stock subscription contract and Stock Exchange in USA became business partners with Hisense group

1940 1950 1960 1970 19 80 1990 2000 2010 2020

1948 1958 1961 1963 1971 1981 1991 1998 2001 2005 2009 2010 2012 2017 Started production of Started production of Started production of Started production of Started production of Started production of Started production of Started production of The cumulative global Entered Eco-cute Started production of The cumulative global Started production of Started production of Bicycle Dynamo Lights Ice cream Refrigerating Fountain-type Pot-type Oil Stoves Wobble Plate Type Scroll Type Fixed Displacement Condensers Intercoolers production of Compressors business Electric Compressors production of Electric Coolant Heaters Heat Pump Systems stockers, Freezing and Juice Vending Machines Fixed Displacement Compressors Compressors (TR series) reached 100 million units Compressors reached Refrigerating Showcases (SD series) first in the world 200 million units first in the world Started production of HVAC Units Started production of Evaporators

05 06 Sanden Holdings Corporation URL:https://www.sanden.co.jp/english

■ Business Operation in Japan Sanden Holdings Corporation Headquarter 20 Kotobuki-cho, Isesaki-shi, Gunma, Japan 372-8502 +81-(0)270-24-1211 Tokyo Headquarter Akihabara Daibiru Building,1-18-13 Soto Kanda, Chiyoda-ku, Tokyo, Japan 101-8583 +81-(0)3-5209-3231

Sanden Automotive Climate Systems Corporation Tokyo Headquarter Akihabara Daibiru Building,1-18-13 Soto Kanda, Chiyoda-ku, Tokyo, Japan 101-8583 +81-(0)3-5209-3232 Yattajima Plant 350 Yattajima-machi, Isesaki-shi Gunma, Japan 372-8558 +81-(0)270-32-1321 Sales Office 4-2-24, Higashishyukugo, Utsunomiya-shi, Tochigi, Japan 321-0953 +81-(0)28-610-0555 Kansai Sales Office 6F, SR Esakabuilding, 1-13-41, Esaka-cho, -shi, -fu, Japan, 564-0063 +81-(0)6-6339-2514 Plant 48-5, Azakubota, Oiwa-cho, Toyohashi-shi, Aich, Japan 441-3134 +81-(0)532-65-7567 Ota Plant 650-1,Nittaoo-cho, Ota-shi, Gunma, Japan 370-0351 +81-(0)276-60-9522

Sanden Automotive Components Corporation Tokyo Headquarter Akihabara Daibiru Building,1-18-13 Soto Kanda, Chiyoda-ku, Tokyo, Japan 101-8583 +81-(0)3-5209-3233 Yattajima Plant 350 Yattajima-machi, Isesaki-shi Gunma, Japan 372-8558 +81-(0)270-32-1321 Ota Plant 650-1,Nittaoo-cho, Ota-shi, Gunma, Japan 370-0351 +81-(0)276-60-9522

Sanden Living & Environmental Systems Corporation Headquarter 20 Kotobuki-cho, Isesaki-shi, Gunma, Japan 372-8502 +81-(0)270-24-1243

Sanden Environmental Products Corporation Headquarter 20 Kotobuki-cho, Isesaki-shi, Gunma, Japan 372-8502 +81-(0)270-31-7250

Sanden Advanced Technology Corporation Sanden Global Center SGCT Center, 20 Kotobuki-cho, Isesaki-shi, Gunma, Japan 372-8502 +81-(0)270-24-1212

Sanden Business Associate Corporation Headquarter 20 Kotobuki-cho, Isesaki-shi, Gunma, Japan 372-8502 +81-(0)270-24-1200

Sanden Forest / Akagi Plant 7, Nakanosawa, Kasukawa-machi, Maebashi-shi, Gunma, Japan 371-0201 +81-(0)27-285-3225

■Overseas Operation Europe Region ■Philippines ■France Sanden International Philippines Inc. Sanden Manufacturing Europe S.A.S. Sanden International (Europe) GmbH Paris Branch ■Indonesia P.T. Sanden Indonesia ■Poland Sanden Manufacturing Poland sp.z o.o. ■Thailand Sanden (Thailand) Co.,Ltd. ■Germany Sanden International (Europe) GmbH ■Pakistan Sanden International (Europe) GmbH Regional office Germany【Hannover】 Sanpak Engineering Industries (Pvt) Ltd. Sanden International (Europe) GmbH Regional office Germany【München】 ■Vietnam ■United Kingdom Sanden Technical Center of Vietnam Co.,Ltd Sanden International (Europe) GmbH UK Branch ■Korea ■Italy Sanden Regional office Korea Sanden International (Europe) GmbH Regional office Italy Oceania Region ■Spain ■Australia Sanden International (Europe) GmbH Regional office Spain Sanden International (Australia) Pty.Ltd.

Americas Region China Region ■United States ■China (Mainland) Sanden International (U.S.A.),Inc. Sanden Holdings Corporation Shanghai Representative Office Sanden International (U.S.A.),Inc. Detroit Regional office Tianjin Sanden Automotive Air Conditioning Co.,Ltd. ・Tianjin Sanden Automotive Air Conditioning Co.,Ltd. Chengdu Branch ■Mexico ・Tianjin Sanden Automotive Air Conditioning Co.,Ltd. Xiangtan Branch Sanden Manufacturing Mexico,S.A. de C.V. ・Tianjin Sanden Automotive Air Conditioning Co.,Ltd. Ningbo Branch Sanden (Suzhou) Precision Parts Co.,Ltd. ■Brazil Sanden International Latin America Eireli Chongqing Sanden Automotive Air Conditioning Co.,Ltd. ・Chongqing Sanden Automotive Air Conditioning Co.,Ltd. Qingdao Branch ・ Asia Region Chongqing Sanden Automotive Air Conditioning Co.,Ltd. Liuzhou Branch ■India ・Zhengzhou Sanden Automotive Air Conditioning Co.,Ltd. Sanden Vikas (India) Private Limited Shenyang Sanden Automotive Air Conditioning Co.,Ltd. Pranav Vikas (India) Private Limited Sanden Huayu Automotive Air Conditioning Co.,Ltd. Sanden Vikas Precision Parts Private Limited Sanden Automotive Technology (Shanghai) Co.,Ltd.

■Singapore ■Taiwan Sanden International (Singapore) Pte.Ltd. Sanden International Taiwan Corporation

■Malaysia Sanden Airconditioning (Malaysia) Sdn.Bhd.

Published on August 2021