OESA News 2020 - Second Quarter - Edition 1

NEWS Original Equipment Suppliers Association

2020 Second Quarter │ Edition 1

OESA 2020 Strategic Insights Executive Briefing Webinar Series | April 8 & April 29

IN THIS ISSUE...

1 2 3 4

The Suppliers' Voice OESA COVID-19 Survey Guest Column: Foley & Lardner Guest Column: Conway Mackenzie

5 7 9

OESA Barometer Results RSM Barometer Commentary OESA Events

12 OESA Council Highlight 13 OESA New Members 14 OESA Event Calendar

Voice

The Suppliers’

The last few weeks have transformed our lives in ways we could never have imagined. OESA has spent more than 20 years championing the business interests of the supplier community, and we are dedicated to helping our members understand and minimize the impact of the coronavirus pandemic.

Below are just a few of the many actions OESA has taken recently to support the membership during these unprecedented times: •

Our first priority was to ensure the safety of the team. OESA enacted a work-from-home policy, and is currently managing business operations remotely. The OESA team continues to serve our members, uninterrupted

•

OESA events and councils meetings are now delivered via webinar until further notice. Providing relevant and timely content is one of the many ways OESA brings value to industry. Our team continues to partner with affiliate members and other industry experts to develop programming through cutting-edge digital platforms.

Watch your email for ongoing updates as we continue to shift to online meetings and presentations

•

Monitoring and communicating the implications and impact of the coronavirus is a key focus of the OESA research team. It has instituted a weekly survey to better understand supplier sentiments and concerns. This information is shared with the member companies to help them make mission-critical decisions and learn best practices.

•

Though a collaborative effort with MEMA, OESA sends a daily email to all members. The email features upcoming webinars on the coronavirus, new health and safety information, and ongoing government actions.

•

A new Coronavirus Resource Center is now available on oesa.org. It is a repository of resources provided by affiliate members, health and safety organizations and government agencies. New content is added daily.

Even during this difficult period in our world’s history, it is an honor to serve the OESA membership. Thank you for your support of OESA, and I look forward to seeing you in person when the time is right.

In the meantime, please stay safe and take care of yourself, your family and your employees.

As always, please feel free to contact me at 248.631.9449 or jfream@oesa.org.

Julie A. Fream President and CEO OESA Visit oesa.org for: • Coronavirus Resource Page • OESA Events via webinar • Peer Group Council meetings • Contact OESA at 248.952.6401 and info@oesa.org for information and assistance.

1 │ OESA News - 2020 Second Quarter

OESA RESEARCH

COVID-19 Weekly Survey As a benefit to members, the OESA Research team recently instituted a weekly survey to better understand the implications and impact of the coronavirus. Each survey captures the feedback of senior supplier leaders to gauge current supplier sentiments and concerns in the United States. Results of the survey are shared with all OESA membership to help members make mission-critical decisions and share best practices.

The most recent survey was conducted from March 24 – 25, 2020. Survey respondents are primarily member executives from the OESA Board of Directors, CEO Council, Enterprise Leadership Council or Sales Executive Council.

Results from the last survey suggests: Confidential

COVID-19 Pandemic Global Production Impact How have you changed your production in response to the announced OEM shutdowns and/or decreased demand?

100% 90%

11%

60%

16%

35%

22%

31%

21%

11%

21%

28%

21%

50%

4%

6% 9%

16%

80% 70%

11%

11%

29%

20%

29% 49%

53%

U.S.

Canada

Mexico

90%

26%

11%

70% 60%

China

11% 27%

12% 60%

25% Rest of AP

Idled plants

Slowed production significantly

Slowed production somewhat

No changes to production

0%

53%

11%

44%

31%

40%

10%

11%

11%

64%

67%

30%

20% Europe

9%

80%

47%

20%

33%

10% 0%

56%

100%

50%

40% 30%

For operations affected, from today how long are you planning on idling for?

26%

27%

31%

U.S.

Canada

Mexico

Over two weeks

Two weeks

Europe

One week or less

44%

China

Rest of AP

Undetermined at this point

Brought previously idled plant back online

74 Total Responses

•

•

The information contained in this report is considered proprietary and its use is solely intended for OESA members

Supplier production has been most dramatically impacted in Europe and the United States due to OEM shutdowns and or decreased demand, with 84% of suppliers responses indicating idled plants or significantly slower production in both regions ○ Plants are planned to be idled for a significant period of time in both regions, with 100% of responses estimating at least two weeks of idle in Europe while 86% of responses estimate at least a two week idle in the U.S. A small number of suppliers indicate that plants are returning to operation in Asia Pacific, 31% of responses in China and 4% for the rest of Asia Pacific

To learn more about the survey, please contact the OESA Research Team: Mike Jackson Executive Director, Strategy and Research 248.430.5954 │ mjackson@oesa.org

Joe Zaciek Manager, Research & Industry Analysis 248.430.5960 │ jzaciek@oesa.org

OESA News - 2020 Second Quarter

│2

GUEST COLUMN

BUSINESS LENDING PROGRAMS UNDER THE CARES ACT QUICK GUIDE

CONTACTS Ann Marie Uetz auetz@foley.com | 313.234.7114 Thomas B. Spillane tspillane@foley.com | 313.234.7135

Loans to Small and Mid-size Businesses Under the CARES Act: PPP, EIDL and 454 Loans.

Visit Our Resource Center at

FOLEY.COM/CORONAVIRUS

Paycheck Protection Program Loans (“PPP Loans”) SBA 7(a) Loan Program to cover payroll, retain employees, and cover other overhead costs, with loan forgiveness based on employee headcount retention with funding of $349 billion under the CARES Act.

Economic Injury Disaster Loan (“EIDL”) Program

Mid-Size Business / 454 Loans

Expanded SBA Economic Injury Disaster Loan program with funding of $10 billion for small businesses impacted by the COVID-19 pandemic, with limited guarantee requirements and favorable borrowing terms, plus access to $10,000 grant advance regardless of loan approval.

Mid-sized businesses and non-profit corporations (500-10,000 employees) may be eligible to receive loans or credit support guarantees under the $454 billion credit support program established under the CARES Act. Municipalities and states are eligible under this program.

DOWNLOAD FULL VERSION HERE

3 │ OESA News - 2020 Second Quarter

©2020 Foley & Lardner LLP

In the preceding pages as outlined by Foley & Lardner and Conway MacKenzie, you learned more about the major features of the various Government stimulus programs available for financial assistance as a result of the COVID‐ 19 situation. Those programs are your first avenue for seeking assistance and professionals from both firms are available to assist you in the application process. In the event you need additional concessions or capital from alternative sources, you should be prepared to provide all of the items listed in the checklist below. Conway MacKenzie and Riveron professionals can assist with this effort.

Financial Request Pre‐Work Checklist 1) Recent historical internal financial statements (Balance Sheet, Income Statement and Statement of Cash Flows for 2019 and 2020 YTD) 2) Monthly Business Plan Forecast for 2020 and 2021 (Provide detailed assumptions used, sales buildup by customer, as well as the Balance Sheet, Income Statement, and Statement of Cash Flows). This plan should also estimate the capital need with suggestions on how to resolve the need 3) 2017 and 2018 Audited Financial Statements (2019 if available) 4) 13‐week cash flow model w/ sources & uses of cash 5) Debt summary (incl. lines of credit, term debt, capital leases) and terms (facility, maturities, balances, rates, collateral positions, etc.)

6) Most recent Borrowing Base Certificate filed with the Lender (showing zero or minimal availability). Also identify areas on the borrowing base that could be potential sources of liquidity (i.e. borrowing on foreign A/R with large OEMS, tooling receivables, etc.)

7) Covenant calculations/compliance schedule (historical and projected compliance calculations) 8) Filed an application for CARES funds; expected response date 9) Cost reduction actions that are in place or contemplated such as: SG&A reductions, including staffing levels, furloughs, temporary salary reductions/deferrals, hiring freeze, etc. (not otherwise covered by the CARES) as well as other variable cost analysis showing items being flexed downward (MRO, etc.)

10) Capex and ED&D Spending – analysis of critical vs. non‐critical spending 11) Accounts Receivable aging report showing all customers are current with evidence of attempts to collect all past due and borrowing base‐ineligible receivables 12) Sales concentration by customer 2019 and 2020 YTD 13) Accounts Payable aging report by vendor and terms 14) Evidence of attempts to negotiate payment terms and pricing relief with suppliers 15) Evidence of attempts to negotiate payment relief on loans, equipment leases, rent, etc.

16) Evidence of the request and/or reason why owners/equity cannot inject further liquidity into the business 17) Legal entity organizational chart with ownership percentages

Steven R. Wybo

swybo@conwaymackenzie.com

Sigmund E. Huber

Fred L. Hubacker shuber@conwaymackenzie.com fhubacker@conwaymackenzie.com OESA News - 2020 Second Quarter

│4

OESA SUPPLIER BAROMETER

Progress on Trade Boosts Supplier Sentiment Mike Jackson Executive Director, Strategy and Research 248.430.5954 │ mjackson@oesa.org

According to the Q1 2020 OESA Automotive Supplier Barometer Index (SBI) – a gauge to measure the sentiments of North American automotive supplier executives – supplier sentiment was much improved from the fourth quarter of 2019 but remained pessimistic on net. Results posted a negative reading of 47 for the period; three points below a neutral reading of 50 but showed a 10-point increase from the previous quarter. The Q1 2020 index marked the seventh straight quarter of net pessimism but is 12 points higher than a year ago.

Pessimism subsided on passage of USMCA and steps towards a trade deal with China. Firms with revenue below $151 million shifted into optimistic territory, while larger, more globally exposed firms, continue to show strong levels of pessimism. Regardless of revenue size, results improved from prior quarter. Sampling for the survey was conducted from the end of January until mid-February, when the impact of the Coronavirus was still unknown.

The Q1 2020 OESA Supplier Barometer, sponsored by RSM US LLP, focused on Production, Planning & Electrification. The survey results indicate: • Poor sales in programs supplied overtook changes in government trade policy as the top industry threat, yet both improved sequentially. The coronavirus outbreak in China fueled higher international event risk.

• The primary internal and external production issue is a skilled labor shortage. Furthermore, the top three internal and external production issues are related to a tight labor market.

• R&D spending is unchanged from last year, remaining at 4% of total sales. The advanced material technologies category remains the top priority for future investment • Battery Electrified Vehicle program development is driving innovation across the supply base despite the lack of program profitability.

Automotive suppliers have been navigating acute trade policy uncertainty for the past two years. Passage of the USMCA and a first phase trade deal with China has fueled a sharp jump in supplier optimism. This illustrates just how foundational these policies are to provide certainty and clarity across sophisticated and highly-integrated regional and global supply chains. Despite the substantial boost to supplier sentiment, the barometer reading remains marginally negative as uncertainty persists. As the industry continues to change, adaptive suppliers affirm that dramatic shifts in product and process technologies can serve as valuable new sources of innovation and opportunity, especially as the pace of vehicle electrification accelerates.

The Q1 SBI chart and a full copy of the Supplier Barometer results are available on the OESA website at: https://www.oesa.org/resource/oesa-automotive-barometer-studies.

See page 4 to view the RSM US LLP commentary on the Q1 2020 OESA Supplier Barometer results.

About the OESA Automotive Supplier Barometer: The OESA Automotive Supplier Barometer captures the pulse and analyzes the twelve-month business sentiments of top executives in the supplier industry. It is a quarterly survey on commercial issues, the business environment and strategies that influence the supplier industry. This Barometer is distributed to vehicle manufacturers, financial institutions, governmental officials and the media to provide an on-going profile of supplier industry trends.

Contact Mike Jackson to learn more about the quarterly Automotive Supplier Barometer. He can also provide information on economic and industry trends and the CFO and CPO Councils.

5 │ OESA News - 2020 Second Quarter

OESA SUPPLIER BAROMETER OESA Supplier Barometer: Q1 2020 Results Describe the general twelve month outlook for your business. Over the past three months, has your opinion become…?

Current Supplier Outlook (Share of Respondents) Q4 2019

60%

Supplier Barometer Index: (SBI and 6m Average) 80

Q1 2020

60

40%

Lehman Collapse

50

20%

47

40

Jan-2020

Jan-2019

Jan-2018

Jan-2017

US Trade War Escalates

Jan-2016

Jan-2015

US Fiscal Cliff

Jan-2014

Jan-2013

Jan-2012

Japan Tsunami/ Grexit Crisis

Jan-2011

Jan-2009

Significantly more pessimistic

Somewhat more pessimistic

Unchanged

Somewhat more optimistic

20

Jan-2010

Euro Crisis Begins

30 Significantly more optimistic

0%

US Tax Reform

70

272 responses

Passage of USMCA and a trade deal with China pushed the SBI up 10 points to 47 from the prior quarter.

Volume concerns in the U.S. and China kept the SBI in pessimistic territory on net.

Link to comments

Q1 2020 OESA AUTOMOTIVE SUPPLIER BAROMETER

OESA Supplier Barometer: Q1 2020 Results By Revenue Describe the general twelve month outlook for your business. Over the past three months, has your opinion become…?

Quarterly 41.3 57.5 45.8 58.8 43.1 48.4 39.6 43.9 33.3 38.8 SBI ∆ Oct. Feb. Oct. Feb. Oct. Feb. Oct. Feb. Oct. Feb. 100% 90%

4%

5% 20%

80% 70%

48%

10% 0%

35%

30%

13%

<$50 million

49%

21%

7%

33% 23%

31% 14%

10%

10%

$50-$150 million

Unchanged

31%

30%

$151-$500 million

Significantly more pessimistic Somewhat more pessimistic

36%

31% 23%

20%

31% 62%

46%

20%

56%

5%

7%

9%

45%

43%

50% 30%

4% 29%

45%

60% 40%

3%

15%

29%

24% 8%

Somewhat more optimistic

Significantly more optimistic

13%

>$1 billion

$501 million – $1 billion

Regardless of revenue size, responses improved from prior quarter.

Larger, more globally exposed firms continue to show strong levels of pessimism.

Q1 2020 OESA AUTOMOTIVE SUPPLIER BAROMETER

Electrification: Risks and Opportunities What are your biggest challenges/opportunities as the industry prepares for a Battery Electric Vehicle (BEV) future?

Number of Responses 0

10

20

30

40

50

Other Issues and Comments:

60

70

New customers/technologies are driving innovation

75

Program profitability

69

We are currently capitalizing on BEVs

42

BEV programs are changing the way we do business

38

Our products are not aligned to BEVs

33

We lack a clear vision on how to prepare for BEVs

27

Regulatory challenges We will be unable to secure the necessary talent Other

80

25 14

• • • • • • • • • •

12 •

Growing our knowledge of BEV vehicle to prepare for the new opportunities.

Uncertain how it will affect our product line Customer acceptance of our solutions Capacitizing for low volume vehicles Market penetration of new, innovative product Neutral impact so far No clear direction by some of the OEM’s Over capacity vs. market demand Volume Uncertainty Infrastructure for BEV adoption, incentives for BEVs, consumer acceptance, battery costs Low Volume Offerings

Q1 2020 OESA AUTOMOTIVE SUPPLIER BAROMETER

OESA News - 2020 Second Quarter

│6

GUEST COLUMN

AS GLOBAL CHALLENGES MOUNT, AUTO SUPPLIERS MUST REMAIN NIMBLE

Automotive suppliers are facing a host of challenges as they look ahead to 2020 and 2021. Whether it’s a global decline in the production of autos, simmering trade tensions around the world or the shift to electric vehicles, this ever-changing landscape is putting pressure on the vast global network of auto suppliers’ production, supply chain and financial metrics in a way that was hard to envision even months ago.

And it’s taking place amid perhaps one of the biggest potential health threats of all—the coronavirus outbreak in China. It is still unclear just how far-reaching the impact of this new virus will be, but with the death toll having surged past that of the 2003 SARS outbreak in China and with major manufacturing centers in China having been idled in the early weeks of the outbreak, the coronavirus has many manufacturers preparing for the worst.

If there is a common theme to these challenges, it is that auto suppliers must be nimble and be willing to change if they are to create long-term value.

Declining production

Trad

U.S. and global light-vehicle sales have fallen off since reaching a high in 2016 and 2017, and are on track to decline for the remainder of 2020 and into 2021. This is forcing suppliers to accelerate new model launches while optimizing their product mix, all in an effort to secure their pricing strategies to achieve overall revenue increases. Sedans, for example, have fallen from roughly half of all light-vehicle sales in the United States as recently as five years ago to less than a third today, prompting General Motors, Ford and Fiat Chrysler to focus instead on pickups and SUVs. As a result of production shifts, suppliers may be forced to consider other options such as teaming up with their competitors on product development and related research and development spend-sharing, considering strategic acquisitions, or restructuring their businesses to focus on their core competencies and strategic product development.

Along are al to sub mark indus signifi opera slowi have and h them

Key takeaway: Suppliers need to take a fresh, hard look at their product mix and related distribution channels. Those that think creatively will be able to maintain margins as the supply chain is realigned.

U.S. light trucks vs. total autos and light trucks February 2015– January 2020

75%

19.000 70%

17.000 15.000

65% 13.000 60%

11.000 9.000

55% 7.000 5.000 2015-02-01

50% 2016-02-01

Sources: RSM US LLP, Bureau of Labor Statistics

7 │ OESA News - 2020 Second Quarter

2017-02-01 Light trucks

2018-02-01 Autos and light trucks

2019-02-01 Truck %

Key t altern in an produ realig altern to the

USM

One m appro Cana jobs b impo be lef marg those produ

This c the U

• Co

US No du to inc in

hing

o duct eve

es as ting

s up d

focus ment.

t e that pply

%

%

5%

0%

5%

0%

Trade tensions

• Labor. The USMCA requires automakers to manufacture

Along with declining global auto production, trade tensions are also putting pressure on the supply chain and are unlikely to subside in the near term. China is the world’s largest auto market and is critical to the long-term sustainability of the industry’s global supply chain. These tariffs are becoming a significant disruption in the supply chain, resulting in major operational challenges, increased manufacturing costs and a slowing in the production of product. Companies are going to have to evaluate where and how they produce their products and how they distribute them. Suppliers will have to better align themselves with the geographies of the customers they serve.

•

Key takeaway: Auto suppliers are already considering alternatives to diversifying and realigning their supply chain in an effort to mitigate China’s impact, including restructuring production facilities to realign with their customers. This realignment can require a significant investment, but the alternative means being vulnerable to tariffs and other shocks to the supply chain.

USMCA, the reality One major part of this new trade landscape is the recently approved trade pact known as the United States Mexico Canada Agreement. Touted as a way to bring auto industry jobs back to the United States, the USMCA will ultimately impose higher costs on American suppliers. Manufacturers will be left with a difficult choice: absorb the higher costs as lost margin, renegotiate parts supply deals as a way of lowering those costs, pass the costs on to consumers, or change their product mix to make offerings less expensive.

This choice is being driven by three major provisions of the USMCA:

• Content rules. NAFTA, the trade pact that preceded the

USMCA, originally required automakers to use 62.5% of North American-made parts in their cars to be imported duty free; the new agreement gradually raises the bar to 75% by 2023, which will incentivize automakers to increase the amount of North American parts they use in their cars and light trucks.

40% of their vehicles in facilities where assembly workers are earning a minimum of $16 an hour. While average wages for assembly workers in Canada and the United States are even higher than that, they are not in Mexico, where a number of U.S. automakers have shifted production in recent years to take advantage of the lower labor costs.

Collective bargaining. Mexican government authorities are now required to allow workers to form collective bargaining units. This could lead to a more union-friendly regulatory environment.

Key takeaway: With costs of production rising in the United States, the new trade deal will only hasten the shift of sedan production to Mexico, at a time when those vehicles are already out of favor with consumers. Suppliers that serve this market segment will have to change their strategy to focus on light trucks and SUVs, as well as the growing battery electric vehicle (BEV) market segment.

Looking ahead Today’s soft production environment will eventually recover to a trajectory of growth. And when it does, those suppliers that have realigned their production and product mix to accommodate a changed landscape in trade and shifting consumer tastes will be in position to reap the rewards.

Jason Alexander Principal Industrial Products Senior Analyst, RSM US LLP jason.alexander@rsmus.com

Lawrence Keyler Partner Global Automotive Sector Leader, RSM US LLP lawrence.keyler@rsmus.com

OESA News - 2020 Second Quarter

│8

OESA EVENTS OESA 2020 USMCA Webinar Series | April 15 OESA and Butzel Long will present four consecutive webinars to share information on the impact of the new United States Mexico Canada Agreement (USMCA) from trade and automotive experts.

Presenting the content is Raul Rangel, is an attorney​based in Butzel Long's Washington office. He practices in the area of business and corporate law. Rangel is the co-chair of the firm’s Mexico Practice Team and member of Butzel’s Global Automotive Practice Group and International Trade and Customs Specialty Team.

Also presenting is Mitch Zajac, an attorney from Butzel Long’s Detroit office. His concentration is in the areas of automotive, intellectual property, regulatory and emissions compliance. Zajac serves on the firm’s Automotive Industry Team and International Trade and Customs Specialty Team.

Remaining Webinar: •

April 15, 2020 - USMCA: Entry to Force, Transition Times and Steel & Aluminum Content This session will take a holistic view of the impact of USMCA while highlighting areas such as steel and aluminum requirements, implementing legislative provisions, a timeline for the various phases, and new developments since the first webinar.

Recordings for previous USMCA Webinar Series webinars are available for all registrants

Exclusive Sponsor:

OESA members and industry guests may register for all OESA events at www.oesa.org.

For registration assistance, contact OESA at 248.952.6401 or info@oesa.org.

9 │ OESA News - 2020 Second Quarter

OESA EVENTS Strategic Insights Executive Briefing Webinar Series | April 8 | April 29 OESA invites supplier industry executives, analysts, and strategy professionals to gain expert insights at the OESA Strategic Insights Executive Briefing Series, for a tandem of unique webinars on Advancing In a VUCA World-Navigating Volatility, Uncertainty, Complexity, Ambiguity on April 8 and April 29, 2020.

Attendees will gain actionable intelligence to inform planning frameworks from a dynamite roster of leading industry experts in forecasting, consumer & product research, contract and supply chain law, as well as lead strategists from a top automaker and a premier industry consulting firm.

The OESA 2020 Strategic Insights Executive Webinar Series offers fresh perspectives to contend with the dramatic pace of industry change, technology advancement, sales volatility and production sourcing dynamics.

VUCA - Session I - April 8 Jeff Schuster, president, Americas operation and global vehicle forecasting, LMC Automotive, will share a detailed automotive sector outlook, providing global context along with a strategic assessment of North America including a discussion on the pace of recovery and a review of electrification strategies.

Mike Dovorany, vice president, automotive and mobility, Escalent will share deep insights from a compelling consumer research framework, EVForwardTM that links buyer attitudes, user behavior, technology adoption and purchase drivers to help suppliers and automakers add value by creating winning strategies and solutions to thrive in the dynamic EV landscape.

VUCA - Session II - April 29 Marc Robinson, assistant director of strategic risk management, General Motors, will share deep insights on assessing and planning to mitigate risks through the effective use of wargaming to anticipate a range of outcomes, enact more adaptive approaches and enhance competitiveness within a dynamic global landscape.

Mark Aiello, partner, Foley & Lardner, LLP, and Vanessa Miller, partner, Foley & Lardner, LLP, will review essential legal parameters to navigate complex legal tripwires, including the mitigation of warranty and commercial risks across todayâ&#x20AC;&#x2122;s complex global supply chains in the context of advanced technology.

Jason Coffman, US automotive consulting leader, Deloitte Consulting, LLP, will share compelling takeaways that address the impact of disruptive forces shaping the industry and sophisticated global supply chains while informing supplier planning efforts to drive strategy.

Series Sponsors:

OESA News - 2020 Second Quarter

â&#x201D;&#x201A; 10

OESA EVENTS Data Security and Shop Floor Integration/IIoT / April 28 OESA members and industry guests are invited to join OESA and Baker Tilly on April 28, 2020, for the webinar, “Data Security and Shop Floor Integration/IIoT.” Due to the rapid adoption of cloud storage, affordable sensors and software as a service, organizations are finding new value in integrating the shop floor with enterprise system technology. Competing in the world of Industry 4.0 depends on a manufacturer’s ability to adopt technologies like machine learning and analytics, artificial intelligence (AI), Industrial Internet of Things (IIoT) devices, and automation – then scale those technologies across the organization.

Yet relying more on complex technology comes with risk if not managed properly. Clearly understanding how data is accessed and moved across an organization is critical to security.

During this hour-long webinar Peter Pearce, principal, and Erich Bergen, director, Baker Tilly, will share I4.0 enterprise security examples and lessons learned, as well as how to: • •

Assess your organization’s I4.0 security capability and competitiveness Improve your understanding of how to layer security into applications and integrations

There will also be an opportunity for webinar participants to ask questions.

Manufacturing CIOs, analysts, application support teams, security, risk and audit professionals will benefit from participating in this webinar.

Exclusive Sponsor:

OESA members and industry guests may register for all OESA events at www.oesa.org.

For registration assistance, contact OESA at 248.952.6401 or info@oesa.org.

11 │ OESA News - 2020 Second Quarter

COUNCIL HIGHLIGHT

Environment, Health, Safety & Sustainability Council Meeting OEM Sustainability – How will it affect you?

Are you responsible for Sustainability in your organization? Or perhaps Environment, Health and/or Safety?

Are you curious how General Motor’s efforts in sustainability will impact you – the supplier?

If you answered yes to any of the above questions, we invite you to attend our Environment, Health, Safety & Sustainability (EHS&S) Council meeting on May 12th. This meeting will be conducted virtually using Zoom meeting to practice recommeded social distancing.

Designed specifically for the automotive supplier industry, members of the EHS&S Council meet quarterly to discuss relevant topics, such as health and safety standards implementation and audits, workplace performance improvement, and sustainability initiatives. Meeting agendas revolve around peer sharing and subject matter expert presentations from industry leader, government officials and MEMA’s legislative affairs group.

Highlights of the May 12th agenda: • GM: Beyond 2020 Sustainability Goals • MEMA Washington, D.C. Update • A Conversation with MIOSHA • Roundtable Discussion In addition, we will have our popular Peer-to-Peer Council Roundtable Conversation.

Expected roundtable topics: Efforts and Impacts of COVID-19, Recycling Best Practices, and the legal side of Audits and Confidentiality.

Council membership is available to environment, health, safety and/or sustainability executives of OESA supplier member companies. Cost of membership is $950 per year. Membership fee is prorated to cover remaining meetings.

2020 EHS&S Council Remaining Meeting Dates are May 12th, August 11th and November 3rd.

If you are already a member of the council, we look forward to seeing you there. If you are not yet a member of the council, we welcome you to be our guest. Please reach out to us so we can get you registered for the meeting.

Ginger Juncker Executive Director Councils and Member Services gjuncker@oesa.org or 248.430.5953

Keiyania Mann Senior Manager Council Communications & Planning kmann@oesa.org or 248.430.5952

OESA Executive Peer Group Councils are rated as one of the most valuable member benefits for automotive suppliers. OESA's councils are designed to bring together supplier executives with similar job functions and industry challenges. Quarterly council meetings provide a forum to address issues of common concern, share best practices, and hear from industry thought leaders and subject matter experts. Learn more about our EHS&S Council and all other OESA Peer Group Councils at oesa.org/councils-and-committees.

OESA News - 2020 Second Quarter

│ 12

WELCOME NEW OESA MEMBERS Autoliv ASP, Inc.

1320 Pacific Dr Auburn Hills, MI 48326 www.autoliv.com Member Representative: Tricia Owens, Human Resources Alternate Representative: Megan Fisher, Vice President

Dicastal North America 1 Dicastal Drive Greenville, MI 48838 www.dicastalna.com

Member Representative: John Lian, Board Secretary Alternate Representative: Michael Lewis, General Manager

Belcan, LLC

10200 Anderson Way Cincinnati, OH 45242 www.belcan.com Member Representative: Rahul Goate, Vice President of Automotive

Lockton Inc.

First National Building 660 Woodward Avenue, Suite 1900 Detroit, MI 48226 www.global.lockton.com Member Representative: Elaine Coffman, President Alternate Representative: Quinn Damon, Vice President

Pridgeon & Clay Inc

Seavac (USC) LLC

Member Representative: Stephen Koets, Global Director of Business

Member Representative: Masahiro Imoto, COO

50 Cottage Grove St. SW Grand Rapids, MI 49507 www.pridgeonandclay.com

9304 Yeager Lane Fort Wayne, Indiana 46809 USA www.seavacusa.com

For membership information, contact: Steve Horaney Vice President, Membership and Sales 248.430.5969

shoraney@oesa.org

Sigma International 36800 Plymouth Rd. Livonia, MI 48150 www.sigmaintl.com

Member Representative: Christopher Naidoo, CEO Alternate Representative: Alessandra Konopczyk, Human Resources

Erin Schrieber Manager, Membership Recruitment and Development 248.430.5970

eschrieber@oesa.org

Adam Slaman Manager, Sponsorship Sales and Membership Development 248.430.5958

aslaman@oesa.org 13 â&#x201D;&#x201A; OESA News - 2020 Second Quarter

OESA EVENTS Upcoming OESA Webinars USMCA Webinar Series

April 1 - USMCA: Labor Value Content April 15 - USMCA: Entry to Force, Transition Times and Steel & Aluminum Content

Strategic Insights Executive Briefing Webinar Series April 8 - VUCA Session 1 April 29 - VUCA Session 2

Data Security and Shop Floor Integration/IIoT April 28

Upcoming Council Webinar Meetings: April 7

Tooling Council - HRI Q1 Barometer Results

April 21

Advanced Technology Council

April 22

Chief Purchasing Officer Council

April 28

Legal Issues Council

April 30

Human Resources Council

Upcoming 2020 OESA Town Hall Meetings Mark your calendar for the Members-Only OEM Town Hall Meetings.

May 5, 2020

VW Town Hall - Save the Date

July 28, 2020

Toyota Town Hall - Save the Date

Aug. 19, 2020

FCA Town Hall - Save the Date

Sept, 9 2020

Honda Town Hall - Save the Date

Nov. 19, 2020

Nissan Town Hall - Save the Date

Dec. 3, 2020

Ford Town Hall - Save the Date

Troy Marriott, Troy, MI

Toyota Supplier Center, York Twp, MI Suburban Collection Showplace, Novi, MI Laurel Manor, Livonia, MI Metro Detroit/TBD

The Henry Hotel, Dearborn, MI

Due to the social distancing mandate, OESA is evaluating different format options for Town Hall meetings.

Watch your email for updates.

OESA News - 2020 Second Quarter

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Original Equipment Suppliers Association 25925 Telegraph Rd., Ste. 350 │Southfield, MI 48033-2553 248.952.6401 │oesa.org │info@oesa.org Connect with us on OESA News is provided by the OESA Communications Team.

April Buford Senior Director, Communications

Jeff Laskowski Senior Manager, Communications

Abby Napier Communications Specialist

248.430.5964 abuford@oesa.org

248.430.5951 jlaskowski@oesa.org

248.430.5957 anapier@oesa.org