2020 U.S. ELECTION SUMMARY The report below contains a summary of the election results available at the time of writing, November 14, 2020 at 2:00PM ET. All results in this report have been sourced from the Associated Press unless otherwise noted. U.S. PRESIDENT • Former Vice President Joe Biden is the projected winner of the 2020 presidential election with 290 electoral votes to President Donald Trump’s 232 electoral votes, leaving only Georgia with 16 electoral votes still undecided. President Trump has not conceded. • Biden was successful in flipping several states won by Trump in 2016, including Michigan, Wisconsin, Arizona, Pennsylvania and Georgia. • While the Trump campaign is pursuing recounts and legal challenges in specific states consistent with U.S. election laws, we want to stress the importance of patience and trust in our democratic systems and the legal process as it moves forward. We believe it is highly unlikely to change the result of the election. • Between now and January, the Biden transition team will begin to identify key cabinet secretaries that could be impactful to GM, including Secretaries of State, Treasury, Transportation and the EPA Administrator. The candidates who fill these positions will be pivotal in advancing Biden’s policy priorities. Biden will be responsible for making over 4,000 political appointments to fill out the Executive Branch. Ultimately, what the Biden administration can legislate will depend on how negotiations with Congress play out and if republicans maintain control of the Senate his legislative agenda could face strong challenges. Here is a comparison of the 2016 and 2020 elections in electoral votes. 2016 232 306 Clinton/Biden Trump 2020 290 16 232 U.S. SENATE • The Senate’s majority control is still unclear as we await the conclusion of 2 races in Georgia. • Democrats’ hopes to win back majority control for the first time since 2015 is waning and now rests on winning both run-off races in Georgia. • In Michigan, incumbent Sen. Gary Peters won his re-election fight against John James (R-MI). • At this time, Democrats have flipped 2 Republican seats in Arizona and Colorado and Republicans have successfully flipped one Democratic seat in Alabama. • Both Republicans and Democrats successfully defended relatively safe seats in numerous states. Senate Majority Leader Mitch McConnell (R-KY), Senate Minority Whip Dick Durbin (D-IL) and Senators Cory Booker (D-NJ), Ed Markey (D-MA), Mark Warner (D-VA), Shelley Moore Capitol (R- WV), John Cornyn (R-TX), Tina Smith (D-MN), Jeff Merkley (D-OR) Tom Cotton (R-AK) and several others, all won re-election. Additionally, Sens. Lindsey Graham, Joni Ernst (R-IA) Thom Tillis (R- NC) and Susan Collins (R-ME) were able to fend off tough fights in their states. • New senators have been elected in 3 GM facility states – Mark Kelly (D-AZ), Roger Marshall (R-KS) and Bill Hagerty (R-TN). • Georgia: Sen. Kelly Loeffler (R-GA) heads to a run-off election against Rev. Raphael Warnock (D- GA) While Sen. David Purdue (R-GA) will face challenger Jon Ossoff (D-GA) in the other Georgia run-off both on January 5, 2021. This will decide control of the Senate. Senate currently stands at: • 50 Republicans (-1), includes loss of Arizona and Colorado with a pick-up in Alabama. • 48 Democrats (+1), includes 2 Independents that caucus with Democrats. • 2 Undecided. Races will be decided following run-off elections on January 5, 2021. For comparison, here is the Senate landscape after the elections in 2016, 2018 and 2020. 2016 48 52 Democrat 2018 47 53 Undecided Republican 2020 48 2 50 *Democrat count includes 2 Independent senators who caucus with the Democrats U.S. HOUSE OF REPRESENTATIVES • There was no blue wave but Democrats will maintain their majority in the House with a GOP gain of at least eight seats and leading in other uncalled races. • Republican women saw historic wins as House Republicans plan to welcome 22 new women into their caucus at the start of the 117th Congress, and up to 7 others in “too close to call” races. • Members of Congress in several key GM plant cities have won their re-elections, including Rep. Brenda Lawrence (D-MI, RenCen), Rep. Elissa Slotkin (D-MI, Orion), Rep. Andy Levin (D-MI, WTC), Rep. Debbie Dingell (D-MI, Brownstown), Rep. Tim Walberg (R-MI, LDT), Rep. Rashida Tlaib (D-MI, Factory Zero), Rep. Haley Stevens (D-MI, Milford), Rep. Tim Ryan (D-OH, Lordstown), Rep. Scott Desjarlais (R-TN, Spring Hill), Rep. Brett Guthrie (R-KY, Bowling Green), Rep. Marcy Kaptur (D-OH, Toledo Transmission), Rep. Bob Latta (R-OH, Defiance Casting) and Rep. Mike Turner (R-OH, DMAX). The House outlook is as follows: • 219 Democrats • 203 Republicans • 13 Undecided For comparison, here is the House landscape after the elections in 2016, 2018 and 2020. 2016 241 194 Republican 2018 199 235 Undecided Democrat 2020 203 13 219 U.S. STATE LEVEL RACES • Republicans and Democrats held on to their respective gubernatorial seats except that Republicans picked up an open seat in Montana as candidates battled in 11 states. The partisan mix for governors in 2021 will be 27 Republicans and 23 Democrats. • GM facility state Governors Eric Holcomb (R-IN), Mike Parson (R-MO), Roy Cooper (D-NC) and Jim Justice (R-WV) won their re-election bids. Page 2 Governor Breakdown by Political Party: 2019 2020 Republicans 26 27 (+1) Democrats 24 23 STATE LEGISLATURES • Republicans entered the 2019 – 2020 election cycle with majority control of chambers in state legislatures across the U.S., controlling 59 of 99 state legislative bodies. • New Hampshire flipped control of both their House and Senate chambers back to Republican after having gone Democratic in 2018. • Control of the Alaska House, Minnesota Senate and both House and Senate chambers in Arizona have not yet been called due to certain legislative races in those states being too close to call. Page 3 BALLOT QUESTIONS • Massachusetts Ballot Question 1: Amendment to Right-to-Repair Statute passed with overwhelming support. • California Proposition 22: Proponents of Proposition 22 in California declared victory, which will exempt their drivers from state law characterizing Gig economy workers as employees instead of contractors. Uber, Lyft and others had expended over $200 million in support of the ballot question. • California Proposition 24 – This expansion of California current privacy law was approved by voters to limit the use of sensitive data, such as exact location, health information, race and religion. It also will enhance children’s privacy rights and create a new agency to regulate consumer privacy. GM POLITICAL ACTION COMMITTEE (GM PAC) During the 2019 - 2020 election cycle, GM PAC supported a record 412 federal and 1,042 state candidates. GM PAC contributed a record $6.4 million to 412 federal candidates and committees and $1.6 million to 1,042 state candidates and committees – a 6% growth in support from the 2018 election cycle (2017-2018) when GM PAC contributed $3.8 million to 326 federal to 1,044 state candidates. As of November 5, 2020, 93% of the federal candidates on the ballot that GM PAC supported won their race. This strong winning percentage is likely to go up as 5% of the candidates’ races had not yet been called. GM FACILITIES Of GM’s 35 largest and most influential facilities, incumbents were mostly able to hold onto their seats. We will see new Senate representation in Arizona, Kansas and Tennessee. The chart below captures our representation outlook for the 117th Congress. Won Re-Election New Facility Representation Key: No Change in Facility Representation Undecided State GM Facility Senator Senator Representative Governor Arizona IT Innovation Greg Stanton Center Mark Kelly Kyrsten (D) Doug Ducey AZ GM Financial -- Chandler (D) Sinema (D) (R) Andy Biggs (R) Collection Center GM Cruise San Francisco Nancy Pelosi Kamala Harris HQ (D) (D) –VP-elect North Hollywood Design Dianne Tony Cardenas (Gov. Gavin CA Center Feinstein (D) Newsom will Newsom (D) GPS -- Advanced (D) appoint a Maxine Waters Technology Center -- replacement) (D) Torrance Georgia IT Innovation Kelly David Perdue Lucy McBath Brian Kemp GA Center Loeffler (R) (R) (D) (R) IN Fort Wayne Assembly Jim Banks (R) Page 4 Victoria Spartz Marion Metal Center (R) Trey Bedford Casting Mike Braun Todd Young Eric Hollingsworth Operations - GPS (R) (R) Holcomb (R) (R) Kokomo Operations - Jim Baird (R) Comp. Fairfax Assembly and Roger Jerry Moran Sharice Davids Laura Kelly KS Stamping Marshall (R) (R) (D) (D) Mitch Brett Guthrie Andy KY Bowling Green Assembly McConnell Rand Paul (R) (R) Beshear (D) (R) Van Slyke Complex (Flint Assembly, Stamping and Dan Kildee (D) GPS) Elissa Slotkin Orion Assembly (D) Detroit-Hamtramck Rashida Tlaib Assembly (D) GM Global Technical Andy Levin (D) Center Debbie Gary Peters Gretchen MI Stabenow Haley Stevens Milford Proving Ground (D) Whitmer (D) (D) (D) Detroit Renaissance Ctr Brenda Global HQ Lawrence (D) Lansing Grand River Elissa Slotkin Assembly (D) Lansing Delta Township Tim Walberg Assembly & Stamping (R) Brownstown Battery Debbie Dingell Plant (D) Blaine Wentzville Assembly & Josh Mike Parson MO Roy Blunt (R) Luetkemeyer Stamping Hawley (R) (R) (R) Tonawanda Engine Plant Brian Higgins -- GPS (D) Chuck Lockport Operations -- Kirsten Andrew NY Schumer Chris Jacobs (R) Comp. Gillibrand (D) Cuomo (D) (D) Rochester Operations -- Joseph Morelle Comp. (D) Charlotte OnStar Call Richard Alma Adams Roy Cooper NC Thom Tillis (R) Center Burr (R) (D) (D) Defiance Casting Bob Latta (R) Operations -- GPS Toledo Transmission -- Sherrod Rob Portman Marcy Kaptur Mike OH GPS Brown (D) (R) (D) DeWine (R) Anthony Parma Metal Center Gonzalez (R) Page 5 DMAX Ltd. -- GPS Mike Turner (R) Spring Hill Assembly, Bill Hagerty Marsha Scott DesJarlais TN Bill Lee (R) Stamping and GPS (R) Blackburn (R) (R) Austin IT Innovation Pete Sessions Center (R) GM Financial -- Arlington Operations Center John Ron Wright (R) Greg Abbott TX (Service, Collections) -- Ted Cruz (R) Cornyn (R) (R) AOC I, II, III Arlington Assembly Ron Wright (R) GM Financial HQ Kay Granger (R) Page 6 .