Opmobility · EURONEXT:OPM
Opmobility — Plastic Omnium — Investor Day (May 2023)
36 slides from Opmobility's investor day presentation, May 23, 2023
Slide 1: Moving Forward with Hydrogen
MOVING FORWARD WITH HYDROGEN May 23, 2023 Laurent FAVRE Chief Executive Officer - Plastic Omnium Marc PERRAUDIN Chief Executive Officer - New Energies Division MOVING FORWARD WITH HYDROGEN – May 23, 2023
Slide 2: Introduction
INTRODUCTION Laurent FAVRE CEO Plastic Omnium MOVING FORWARD WITH HYDROGEN – May 23, 2023 2
Slide 3: A world leading business in the automotive industry
A world leading business in the automotive industry Plastic Omnium today 40,500 employees 150 plants 43 R&D centers in 28 countries, on 4 continents INTELLIGENT EXTERIOR LIGHTING MODULES CLEAN ENERGY NEW SYSTEMS SYSTEMS ENERGIES #1 #2 #1 #1 Objective #1 WORLDWIDE WORLDWIDE WORLDWIDE WORLDWIDE WORLDW
Slide 4: Hydrogen-powered mobility offers strong advantages
Hydrogen-powered mobility offers strong advantages Key technology for a complete powertrain offer ZERO EMISSION LONG DRIVING RANGE FAST CHARGING TIME LIGHT WEIGHT COMPETITIVE COST MOVING FORWARD WITH HYDROGEN – May 23, 2023 4
Slide 5: Strong momentum on Hydrogen projects
Strong momentum on Hydrogen projects > 1,000 projects identified across the full value chain: Production, Industry, Infrastructure >100 projects worldwide for Giga-scale production Large investments required before 2030 in Europe, Americas and Australia Production of low-emission hydrogen could reac
Slide 6: Plastic Omnium's comprehensive offer
Plastic Omnium’s comprehensive offer To address a large spectrum of vehicles in hydrogen mobility PASSENGER CARS LIGHT COMMERCIAL VEHICLES BUSES TRUCKS OFF-HIGHWAY TRAINS MOVING FORWARD WITH HYDROGEN – May 23, 2023 6
Slide 7: Hydrogen Mobility Market
HYDROGEN MOBILITY MARKET Marc PERRAUDIN CEO New Energies Division MOVING FORWARD WITH HYDROGEN – May 23, 2023 7
Slide 8: Potential hydrogen mobility market in 2030
Potential hydrogen mobility market in 2030 A more balanced estimated market by segment & region OUR CURRENT VISION OF THE MARKET POTENTIAL IN 2030 North America Europe Passenger vehicles Commercial vehicles (LCV, trucks, buses) ~30% ~30% ~35% BY ~65% BY SEGMENT REGION Asia ~40% Strong acceleration E
Slide 9: Heavy duty vehicles at the high-end of value scale
Heavy duty vehicles at the high-end of value scale Estimated content per vehicle of a complete hydrogen system x50 x15 X1.5 PASSENGER LIGHT COMMERCIAL TRUCKS TRAINS CARS VEHICLES Internal estimates MOVING FORWARD WITH HYDROGEN – May 23, 2023 9
Slide 10: Infrastructure for hydrogen mobility
Infrastructure for hydrogen mobility Supported both by Regulations and OEMs Governmental Hydrogen funding Deployment of H2 infrastructure by OEMs between 2020 and 2030 c. €9 Bn 27/10/2021 Daimler Truck AG and BP c. €9 Bn c. $9.5 Bn 01/02/2023 + IRA in addition Stellantis and Engie Solutions c. €1.0
Slide 11: Infrastructure for hydrogen mobility
Infrastructure for hydrogen mobility Hydrogen Refilling Stations (HRS) Similar ramp-up to electric charging stations in 2015 *** Focus on extra- WORLDWIDE NORTH AMERICA EUROPE ASIA urban zones 2020 550 75 200 275 for H2 2023 960 89 254 617 *** High coverage 2030 >7,000 >3,000 >1,000 >3,000 with less
Slide 12: Business Insights
BUSINESS INSIGHTS Marc PERRAUDIN CEO New Energies Division MOVING FORWARD WITH HYDROGEN – May 23, 2023 12
Slide 13: Plastic Omnium is addressing the entire FCEV value chain
Plastic Omnium is addressing the entire FCEV value chain Complete solutions provider thanks to a complementary range of products HIGH PRESSURE FUEL CELL STACKS INTEGRATED SERVICE SYSTEMS BY EKPO* HYDROGEN SYSTEMS Unique position of Plastic Omnium * Joint venture company between Plastic Omnium and El
Slide 14: Our ambition remains to be the leader in Hydrogen by 2030
Our ambition remains to be the leader in Hydrogen by 2030 Confident to achieve our market share targets / HIGH PRESSURE SYSTEMS / FUEL CELL STACKS / INTEGRATED HYDROGEN SYSTEMS >25% MARKET SHARE c.10% MARKET SHARE c. 10% MARKET SHARE IN HIGH PRESSURE SYSTEMS IN FUEL CELL STACKS IN INTEGRATED HYDROGE
Slide 15: Strong order book of c. €4 Bn at end Q1 2023
Strong order book of c. €4 Bn at end Q1 2023 Healthy order mix Evolution of the order book in €m Commercial Passenger vehicles 4000 vehicles BY (LCV, trucks, ~1% SEGMENT buses) 3000 ~99% 2000 1000 0 Newcomers 2021 2022 2023 Q1 ~6% BY TYPE Blue-chip companies OF OEMS ~94% ... MOVING FORWARD WITH HYDR
Slide 16: Recent announcements from OEMs on Hydrogen
Recent announcements from OEMs on Hydrogen MOVING FORWARD WITH HYDROGEN – May 23, 2023 16
Slide 17: Our Key Assets
OUR KEY ASSETS Marc PERRAUDIN CEO New Energies Division MOVING FORWARD WITH HYDROGEN – May 23, 2023 17
Slide 18: Hydrogen high pressure storage systems
Hydrogen high pressure storage systems Our competitive technical position Type IV Vessels Light hydrogen storage 350 & 700 bar Design capabilities Thermoplastic liner Tailored and scalable storage systems Blow molding & composite filament winding R134 and EC79 certified From 40 to 400 L vessels Comp
Slide 19: Compressed Hydrogen Storage Systems Certification
Compressed Hydrogen Storage Systems Certification Worldwide Regulations R134 GTR13 GTR13 GTR13 / R134 R134 (Economic Commission for R134 Europe - UN/ECE) GB/T GTR13 R134 / GTR13 R134 KGS (Global Technical Regulation from United Nations) R134 / GB/T (China) GTR13 / KGS (Korean Gas Safety) / Local der
Slide 20: Hydrogen storage - Safety and certification
Hydrogen storage - Safety and certification CERTIFICATION FIRE SECURITY PRODUCTION CONTROL Mechanical and chemical resistance Thermally-Activated Pressure Relief Safety system Hydraulic and Pneumatic cycling Device (TPRD) Simulation of real life of a vehicle Controlled release of the gas 100% contro
Slide 21: Hydrogen storage - Safety and certification
Hydrogen storage - Safety and certification WORLDWIDE REGULATION Normative evolution PRODUCT VALIDATION Mechanical, Chemical, Pressure cycling, Safety factor CERTIFICATION X2.25 Safety factor PRODUCTION CONTROL Authority Control 100% test at x1.5 of working pressure MOVING FORWARD WITH HYDROGEN – Ma
Slide 22: Ramp-up of our production capacities
Ramp-up of our production capacities Optimization through a modular approach Production capacity in units 300 000 25 000 250 000 20 000 200 000 15 000 150 000 10 000 100 000 5 000 50 000 0 0 2023 2026 2030 2026 2030 HIGH PRESSURE SYSTEMS INTEGRATED HYDROGEN SYSTEMS North America Asia Europe MOVING F
Slide 23: New Energies global presence in 2025-2026
New Energies global presence in 2025-2026 FRANCE BELGIUM GERMANY SOUTH Compiègne Herentals Dettingen KOREA Mega-plant Mega-plant Wanju Genk Suwon UNITED STATES Pilot plant Technical center CHINA Mega-plant SWITZERLAND AUSTRIA Suzhou Fribourg Wels Wuhan 10 Plants & Pilot lines Shanghai Pilot Plant Me
Slide 24: Solid investments aligned with our hydrogen roadmap
Solid investments aligned with our hydrogen roadmap To develop products and scale up worldwide industrial capacities / Flexibility of our investments / Our different financial solutions while • Cumulated €376m invested since 2015 preserving the Group's FCF generation • Ambition to invest c.€100m/yea
Slide 25: Plastic Omnium's benefits on hydrogen mobility
Plastic Omnium’s benefits on hydrogen mobility Key advantages over other powertrain solutions PRICING More content per vehicle and increasing value from the recent order intakes COMPETITIVENESS Total Cost of Ownership for heavy mobility and commercial applications INDUSTRIAL New mega-factories addre
Slide 26: Structural partnerships – EKPO Fuel Cell Technologies
Structural partnerships – EKPO Fuel Cell Technologies A world leader in Fuel Cells Joint Venture between ElringKlinger & Plastic Omnium Setup in 2020 A FULL RANGE OF FUEL CELL STACKS COVERING ALL TYPES OF APPLICATIONS: From 10 kW to 205 kW of power, Highest power density Fully automated covering all
Slide 27: Structural partnerships – JV with REIN (Shenergy Group)
Structural partnerships – JV with REIN (Shenergy Group) New Joint Venture created 2023 accelerating activities in China 50/50 JOINT VENTURE SCOPE OF THE JV SETUP OF PRODUCTION CAPACITIES / between Plastic Omnium and Rein, / High-pressure / New mega-plant: subsidiary of Shenergy Group hydrogen storag
Slide 28: Wide-range skills
Wide-range skills A team dedicated to the hydrogen eco-system To support acceleration in the business development in the coming years: • x2 employees since the creation of the New Energies Division c.600 • Presence in the 3 main regions Europe, North America and Asia • Additional employees to be rec
Slide 29: Hydrogen mobility is contributing to our Sustainability Roadmap
Hydrogen mobility is contributing to our Sustainability Roadmap Our roadmap to carbon neutrality SCOPES 1 & 2: neutral in 2025* SCOPE 3: -30% 2030 REDUCE REPLACE COMPENSATE COLLABORATE 12% reduction Use of renewable Carbon offset Action plan in energy consumption energy projects with stakeholders SC
Slide 30: Sustainability & Energies Management master plan
Sustainability & Energies Management master plan OBJECTIVE: New Energies Reach carbon neutrality & reduce CO2 footprint plant model ENERGIES DIRECT CARBON IMPACT PRODUCT FOOTPRINT MANAGEMENT KG CO2 SITE KG CO2 PRODUCT KG CO2 PROCESS Energies Acquisition Components footprint Building low impact syste
Slide 31: How hydrogen contributes to our Carbon mobility Roadmap
How hydrogen contributes to our Carbon mobility Roadmap Key contribution of hydrogen activity DOWNSTREAM ACTIVITIES Growth * SCOPE 3 of the revenue Growth of zero-emission eligible for 90% vehicles taxonomy of our CO2 Footprint Hydrogen revenue More interest Decrease in scope 3 growth for investors
Slide 32: Conclusion and Q&A
CONCLUSION AND Q&A Laurent FAVRE CEO Plastic Omnium Marc PERRAUDIN CEO New Energies Division Kathleen WANTZ-O’ROURKE CFO Plastic Omnium MOVING FORWARD WITH HYDROGEN – May 23, 2023 32
Slide 33: Confirming our 2030 ambitions on Hydrogen
Confirming our 2030 ambitions on Hydrogen Our strong commercial pipeline fuels our strategy c. €4 billion NEW ENERGIES €3 billion STRONG ORDER BOOK REVENUE TARGET BY 2030 OBJECTIVE #1 TARGETED MARKET SHARE IN 2030 c. €100 million WORLDWIDE >25% HIGH PRESSURE SYSTEMS AVERAGE ANNUAL INVESTMENT IN THE
Slide 34: Questions & Answers
QUESTIONS & ANSWERS MOVING FORWARD WITH HYDROGEN MOVING FORWARD WITH HYDROGEN – May 23, 2023 34
Slide 35: Thank you for your attention
MOVING FORWARD Thank you WITH HYDROGEN for your attention www.plasticomnium.com Upload our Plastic Omnium IR application MOVING FORWARD WITH HYDROGEN – May 23, 2023
Slide 36: Disclaimer
DISCLAIMER The information contained in this document (the “Information”) has been prepared by Compagnie Plastic Omnium SE (the “Company”) solely for informational purposes. The Information is proprietary to the Company and confidential. This presentation and its contents may not be reproduced or di