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Valeo — Kepler Cheuvreux Autumn Conference 2022

11 slides from Valeo's conference presentation, September 2022

  1. Slide 1: Kepler Cheuvreux Autumn Conference

    September 2022 Kepler Cheuvreux Autumn Conference CHRISTOPHE PÉRILLAT CEO

  2. Slide 2: A turbulent environment weighing on automotive production

    01 A turbulent environment… …weighing on automotive production Electronic components > 50BN 20,000+ Global Light Vehicle Production shortage components references purchased Vehicle losses vs pre-crisis level Valeo’s guidance: every year base & downside scenario Ongoing improvement in H2 2022 82.9 (1

  3. Slide 3: H1 financial highlights: sales

    01 H1 financial highlights Group Sales OEM Sales Aftermarket Sales €9,419M €7,813M €1,140M Up 2% lfl vs. 2021 Up 1% lfl vs. 2021 Up 11% lfl vs. 2021 Exchange rates: +3.4% Exchange rates: +3.8% Exchange rates: +0.2% Scope: -0.4% Scope: -0.3% Scope: -0.9% Outperf. of 3pts 3pts excl. geographical mix “ Rob

  4. Slide 4: H1 financial highlights: operating margin, JV, net income

    01 H1 financial highlights Operating margin JV & Associates Net income (excl. JV & Associates) €258M €(76)M €(48)M 2.7% of sales (0.8)% of sales (0.5)% of sales “ “ “ Resilient profitability in an Valeo Siemens eAutomotive on track Including €32m in gross inflationary environment to reduce its losses b

  5. Slide 5: H1 financial highlights: EBITDA, free cash flow, CAPEX

    01 H1 financial highlights EBITDA Free cash flow Recorded CAPEX* €1,111M €179M €364M 11.8% of sales Up 23% vs. 2021 3.9% of sales “ “ Resilient profitability in an Strict control over Capex inflationary environment €337M investment cash outflows in H1 2022 VALEO RESERVED | JULY 22 *Excl. impact of IFRS 1

  6. Slide 6: 2022 guidance confirmed

    01 2022 guidance confirmed 2022* Based on the latest automotive production estimates released by S&P Global on July 15, 2022, current Sales (in billions of euros) 19.2-20.0 levels of raw material and energy prices, constructive pricing discussions with our customers and the EBITDA (as a % of sales) 1

  7. Slide 7: Strong business momentum

    01 Strong business momentum Electrification ADAS Order intake & book to bill Acceleration Acceleration €4BN HV order intake 3rd Gen LiDAR order with achieving our 2021/2022 Stellantis to equip target multiple models €2.9BN VSeA €1.1BN >60% THS order intake Major contract with BMW Valeo in electrificat

  8. Slide 8: Valeo Siemens eAutomotive

    01 Valeo Siemens eAutomotive An electric champion Activity ramp up & reduced losses H1 2022 July 4th ~€700M €375M sales Integration as Net debt Strong acceleration expected in H2 scheduled impact 50% losses reduction confirmation in VSeA’s net income in 2022 vs 2021 Achieving our €2.9BN €4bn 2021/202

  9. Slide 9: Major orders win in ADAS

    01 Major orders win in ADAS 3rd Multi HW/SW ADAS Generation LiDAR Scala order order with To equip multiple models To equip BMW’s “Neue Klasse” of Stellantis’ brands EV platform Thanks notably to higher Including both domain controller, resolution, Scala 3 enables level sets of sensors & integrated 3

  10. Slide 10: Safe harbour statement

    Safe harbour statement Statements contained in this document, which are not historical fact, constitute “forward-looking statements”. These statements include projections and estimates and their underlying assumptions, statements regarding projects, objectives, intentions and expectations with respe

  11. Slide 11: Smart technology for smarter mobility

    SMART TECHNOLOGY FOR SMARTER MOBILITY

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