Beda Bolzenius, President & CEO, Marelli Group | 3rd EU-Japan EPA Forum Global Webcast

Building a leading global Japanese supplier, rooted in Europe Beda Bolzenius, President and CEO, Marelli Group

Marelli – a global player established in 2019

14th

largest automotive supplier (9th largest independent supplier) * Automotive News 2020

170

locations worldwide Production Plant

MARELLI - Confidential

R&D Centre

Application Centre

Global HQ

¥ 1,266b € 10.4b total revenue

* based on 2020 numbers

58,000 employees worldwide 18,000 in EU 7,500 in Japan

* Plant, R&D center, application centers

Last update 03-2021

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Stronger together in the global market

Strong capabilities in advanced interiors and thermal management

Leader in automotive premium lighting and electronics

Japanese Monozukuri excellence

Italian design and engineering excellence

Strong presence in Japan and Asia

Strong presence in Europe and the Americas

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Acquisition of Magneti Marelli Bringing together two players to deliver scale and financial stability for the benefit of employees, customers, partners and suppliers

Highly complementary product lines

Complementary customer base + more diversified product offering with strong cross-selling opportunities

Complementary footprints and balanced presence in all relevant regions

Greater opportunity for investment in new technologies and products

Enhanced purchasing power

Similar history and approach to business

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Leveraging our joint expertise to conquer promising growth markets ENHANCED USER EXPERIENCE

ELECTRIFICATION

ADVANCED SAFETY & ASSISTANCE

• Cockpit & interiors • Displays & infotainment • Domain control units for interiors

• Electric powertrain • Battery management • Thermal management for electric vehicles

• Automotive lighting • Electronic control units for lighting • Sensors for Advanced Driver Assistance Systems (ADAS)

SOFTWARE, CYBER SECURITY & SERVICES MARELLI - Confidential

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Creating a global champion

CUSTOMER KNOWLEDGE & DIVERSIFICATION

TRANSFORMATION

PEOPLE & CULTURE

FOCUSED GROWTH SUSTAINABLE RESPONSIBLE VALUES DRIVEN

GROWTH THROUGH PARTNERSHIPS

INNOVATION

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Value creation requires excellence in all we do

Our priorities for unlocking value Integration:

Operational and

building

functional

One Marelli

excellence

Investment in people, processes, structure

World-class cost & cash management

Holistic transformation program underway to set up Marelli for growth

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Integration activities • More than 100 integration projects defined

Integration focus areas

• Focus on strategic areas • Experienced, international management team driving integration and transformation • Employee involvement across organizational levels to create engagement → 80% of ‘’hard’’ integration activities completed during first year; ‘’soft’’ integration actvities still continue → Cultural integration is core to success of cross-border transaction between EU/Japan 2018

2019 PREPARATION for transaction

DEFINITION of joint operating model

Culture and Identity

Branding

Organization

Governance, Delegation of Authority, KPIs

Integration of businesses with similar products

Sales

2020 FOUNDATION BUILDING • Organization • Delegation of Authorities • Principles

2021

DEPLOYMENT AND IMPLEMENTATION of processes, standards and tools

May 2019 MARELLI - Confidential

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Key takeaways

• Size matters in the automotive industry to create a global champion • Leverage complementary strengths with regards to product portfolio, footprint and customers • Focus integration on strategic areas • Combine the best of both worlds – learn from each other • Make people a priority in building the future • Honor the heritage and culture of both companies MARELLI - Confidential

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We are on our journey.

Together.

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