This is Veoneer Veoneer Company Presentation - March 2019

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This is Veoneer Veoneer Company Presentation - March 2019
This is
       Veoneer

        Veoneer Company Presentation
        March 2019

1   March 2019   Veoneer Company Presentation   © 2018 Copyright Veoneer Inc. All Rights Reserved   PUBLIC
This is Veoneer Veoneer Company Presentation - March 2019
Our Purpose
      Creating Trust in Mobility
2   March 2019   Veoneer Company Presentation   © 2018 Copyright Veoneer Inc. All Rights Reserved   PUBLIC
This is Veoneer Veoneer Company Presentation - March 2019
This is Veoneer
    •    The world’s largest pure-play company focused on Safety
         Electronics, Advanced Driving Assistance Systems (ADAS),
         Collaborative and Automated Driving (AD).
    •    Design, develop, manufacture and sell state-of-the-art
         sensors, control units, software and systems for active
         safety, autonomous driving, occupant protection and brake
         control.
    •    Founded in 2018, built on close to 70 years of automotive
         safety development
    •    8,600 employees in 13 countries
    •    Headquartered in Stockholm, Sweden
    •    Listed on the New York Stock Exchange and on the Nasdaq
         Stockholm

3   March 2019    Veoneer Company Presentation   © 2018 Copyright Veoneer Inc. All Rights Reserved   PUBLIC
This is Veoneer Veoneer Company Presentation - March 2019
Key Figures
                                                                                   Product groups                                                                    Customers
     2018
                                                                                                                                      Other
     Consolidated Net Sales                       $2.2 Bn
                                                                                                                                       16%
                                                                                                                                                                                                                  Honda 21%
     Order Intake                                 $5.9 Bn                                                                           FCA
     Lifetime Order Value*                                                                                                           5%
                                                                                                                                BMW
     Active Safety Order Intake                   $3.8 Bn                                                                        5%
     Lifetime Order Value*

                                                                                                                              RNM 7%                                                                                 Daimler 17%
     Gross Profit                                 $430m

     Operating Loss                               $(197)m
                                                                                                                                           GM 8%
     Gross Margin, %                              19.3
                                                                                                                                                                                                Ford 11%
                                                                                                                                              Hyundai/Kia 10%
     EBITDA, %                                    (3.9)
     (Non US GAAP Measure)
                                                                 *Order Intake $ value is defined as estimated average annual sales attributable to documented new business awarded based on estimated average annual product
                                                                 volumes, average annual sales price for such products, and exchange rates.
                                                                 Lifetime order value is defined as estimated total lifetime sales attributable to documented new business awarded based on estimated product volumes and pricing,
                                                                 and exchange rates.

4   March 2019     Veoneer Company Presentation             © 2018 Copyright Veoneer Inc. All Rights Reserved                                                                                                                        PUBLIC
This is Veoneer Veoneer Company Presentation - March 2019
A Global Footprint

                 8,600 ASSOCIATES                                   13 COUNTRIES                         1,100 ENGINEERS
                 ~4,700 in R,D&E                              10 MANUFACTURING SITES                    HIRED DURING 2018
                                                               26 TECHNICAL CENTERS                        ~70% Software
5   March 2019       Veoneer Company Presentation   © 2018 Copyright Veoneer Inc. All Rights Reserved                       PUBLIC
This is Veoneer Veoneer Company Presentation - March 2019
Our Technology Showcase

6   March 2019   Veoneer Company Presentation   © 2018 Copyright Veoneer Inc. All Rights Reserved   PUBLIC
This is Veoneer Veoneer Company Presentation - March 2019
A Tech Company Delivering Automotive Grade

                                                More than 4 million                                          >33 million                                ~750 million
                                                                                                                                                 Airbag ECUs and Crash
                                                Camera Sensors Delivered                                 Radar Sensors Delivered
                                                                                                                                                    Sensors Delivered
                                                                                                                                   Delivered during the past decade, as Veoneer and as part of Autoliv

7   March 2019   Veoneer Company Presentation        © 2018 Copyright Veoneer Inc. All Rights Reserved                                                                                               PUBLIC
This is Veoneer Veoneer Company Presentation - March 2019
Record Order Intake in 2018
    Estimated lifetime order value ~$5.9B

    *Order Intake $ value is defined as estimated average annual sales attributable to documented new business awarded based on estimated average
    annual product volumes, average annual sales price for such products, and exchange rates.
    Lifetime order value is defined as estimated total lifetime sales attributable to documented new business awarded based on estimated product volumes
    and pricing, and exchange rates.

8   March 2019                 Veoneer Company Presentation                                      © 2018 Copyright Veoneer Inc. All Rights Reserved         PUBLIC
This is Veoneer Veoneer Company Presentation - March 2019
Active Safety Milestones in 2018
                                                                                                    In 2030, it is predicted that a vast
    • Significant LiDAR contract with a major Global OEM
                                                                                                    majority of all cars sold will include
                                                                                                    advanced driving assistance systems,
    • A standalone Feature Software order                                                           while a fraction of the market will be
    • Second Level 4 ECU order from a major Global OEM                                              fully autonomous cars.
    • Fourth customer with ADAS ECU order from a major Global
      OEM, new customer Radar order
    • Second Mono-Vision order with the same major Global OEM,
      added our sixth Vision customer
    • First Driver Monitoring System order with a major Global
      OEM
      and 2nd DMS award
    • First Level 3 System order in China with Radar, Camera,
      ADAS ECU, and Software

9   March 2019   Veoneer Company Presentation   © 2018 Copyright Veoneer Inc. All Rights Reserved   According to IHS                         PUBLIC
This is Veoneer Veoneer Company Presentation - March 2019
2019 Key Launches and Mid-Cycle Model Facelifts
     including all major product areas
       A-Class Coupe/Sedan                                                                                               Honda Fit   Mercedes GLC

                                                                                                                                                                       Geely
                                                     Ford Explorer

      Mercedes EQ C                                    F-Series Super Duty                             Honda CRV

                                                                                                                                                      Honda BEV

                                                                                                                                                                     Chinese OEM
       Geely Emgrand GS

                                                                Mercedes GLS                                      Mercedes GLB                      Hyundai Sonata

10   March 2019       Veoneer Company Presentation                   © 2018 Copyright Veoneer Inc. All Rights Reserved                                                             PUBLIC
Strategic Eco System Partnerships
     High level and speed of innovation requires collaboration based on
     a joint problem definition and expertise.

     Some of our partners:
     •     Zenuity (joint venture) for ADAS and AD systems software
     •     VNBS (joint venture) for Brake Systems
     •     Velodyne for LiDAR
     •     Seeing Machines for Driver Monitoring
     •     NVIDIA for computer platforms
     •     MIT AgeLab for HMI related research

11   March 2019     Veoneer Company Presentation     © 2018 Copyright Veoneer Inc. All Rights Reserved   PUBLIC
Close to 70 years of Experience with Many World Firsts(1)
                                                                                                                                                                   4 Corner Radar and
                                                                                                                                                                Pre-Triggering Passive        ADAS ECU ‘Zeus’
                                                           Night Vision                                             Night Vision
                                                                                                                                                                                Safety              meets L4
                                                           Pedestrian                                               Sensor Fusion
                                                                                                                    FIR / NIR                                                              Autonomous Driving
                                                           Detection System                                                                                                ADAS ECU
        Active Safety
         and Braking

                                                                                                                                                                             Learning
                                                                                                                    Night Vision                                             Intelligent
                                                           Short & Medium                                           Animal Detection System                                  Vehicle
                                                           Range Radar

                                                                                                                    Autonomous Emergency Braking
                                                                                                                    Radar and Mono Vision
                                Long Range Radar                                                                                                                                             2018
                                (in alliance with Continental as the system supplier)
                                                                                                                                                                                   2017
                                                                                                                                                                       2015
                                                                                                                                                   2010
                                                                                                                                 2005
                                                                                                  2000                           Restraint                                 Off-Road
                                              1990                    1995
        Restraint Control

                                                                                                                                 Controller                          Protection with
                                                                                                                                                Accelerating
                                                                                                                                 with                                   Belt Control
                                                                                                                                              innovation pace
            Systems

                                                                     Adaptive Restraint                                          Integrated
                                         with Dwell                                                                                                                       Integrated
                                                                     Controller &                                                 IMU
                                      Enhancement                                                                                                                          Restraint
                                                                     Remote Sensors                                                                                    Brake Control
                                                                                                                                 Pedestrian
                                 Airbag ECUs                                                                                     Detection
                                                                           Restraint Controller                                  System                                CV-Enhanced
                                                                           with Integrated Rollover                                                              Front Crash Sensing

     (1) Including acquisitions

12   March 2019             Veoneer Company Presentation                     © 2018 Copyright Veoneer Inc. All Rights Reserved                                                                                  PUBLIC
Our Associates are the Architects of Our Success

                                                                                                               Agile
             ~8,600 Associates                                                                             Collaborative
                                                                                                        International Teams

                                                                                                                              1,100 Engineers
                                                  ~4,700 in R,D&E                                                             hired during 2018
                                                                                                                              ~ 70% Software

13   March 2019    Veoneer Company Presentation     © 2018 Copyright Veoneer Inc. All Rights Reserved                                             PUBLIC
OUR PURPOSE
                      Creating Trust in Mobility

          OUR CORE STRATEGY
     Deliver Innovative Solutions You Can Trust

                OUR CORE PILLARS
                     Flawless Delivery
               Customer-Centric Collaboration
                 Human-Centric Innovation

                         OUR BELIEFS:
                          Burning Curiosity
                        Passion for Excellence
                            Bold Honesty

14   © 2018 Copyright Veoneer Inc. All Rights Reserved   PUBLIC
Thank You!

15   March 2019   Veoneer Company Presentation   © 2018 Copyright Veoneer Inc. All Rights Reserved   PUBLIC
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