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APTIV OVERVIEW David Sherbin SVP, General Counsel, Chief Compliance Officer & Secretary Elena Rosman VP, Investor Relations

APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

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Page 1: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

APTIV OVERVIEW David SherbinSVP, General Counsel, Chief Compliance Officer & Secretary

Elena RosmanVP, Investor Relations

Page 2: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

This presentation, as well as other statements made by Aptiv PLC (the “Company”), contain forward-looking statements

that reflect, when made, the Company’s current views with respect to current events, certain investments and acquisitions

and financial performance. Such forward-looking statements are subject to many risks, uncertainties and factors relating

to the Company’s operations and business environment, which may cause the actual results of the Company to be

materially different from any future results. All statements that address future operating, financial or business

performance or the Company’s strategies or expectations are forward-looking statements. Factors that could cause actual

results to differ materially from these forward-looking statements are discussed under the captions “Risk Factors” and

“Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s filings with

the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and it is impossible for us

to predict these events or how they may affect the Company. It should be remembered that the price of the ordinary

shares and any income from them can go down as well as up. The Company disclaims any intention or obligation to

update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise,

except as may be required by law.

Forward Looking Statements

Aptiv Overview | November 20192

Page 3: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

15

OPERATING

CASH FLOW$1.5

Aptiv Overview

$20+ BOOKINGS

$14.3 REVENUE

$4.65 EARNINGS

PER SHARE

2019E FINANCIAL PERFORMANCE1

$ billions, except per share amounts

$1.5 OPERATING

INCOME

GLOBAL FOOTPRINT AND CAPABILITIES2

160,000+ EMPLOYEES IN 44 COUNTRIES

22,000 SALARIED EMPLOYEES

18,600 ENGINEERS

6,500 FOCUSED ON

SOFTWARE

MAJOR TECHNICAL

CENTERS

126 MANUFACTURING

SITES

POSITIONED TO WIN

3

1. Reflects 2019 guidance communicated on October 30, 2019

2. Reflects 2018 actuals communicated on February 4, 2019

Aptiv Overview | November 2019

Page 4: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

4 Aptiv Overview | November 2019

Our Sustainability JourneyCOMMITTED TO IMPROVING THE WORLD THROUGH OUR TECHNOLOGY SOLUTIONS, PEOPLE, AND VALUES

CLICK HERE TO

VIEW APTIV’S 2019

SUSTAINABILITY REPORT

Page 5: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

Advanced Solutions Delivered Responsibly

Aptiv Overview | November 20195

SUSTAINABILITY EFFORTS FOCUSED ON PEOPLE, PORTFOLIO AND PLANET

OUR STAKEHOLDERS

APTV

Assessing and reducing the impact

of our products and supply chain on the

environment; improving our local communities

Leading portfolio of advanced

technologies aligned to solving

our customers’ toughest challenges

Creating exceptional value for

customers, which generates best-

in-class returns for shareholders

The right people, organized

and incentivized to create

long-term value

PLANET

PEOPLE

PORTFOLIO

Page 6: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

Our People

HUMAN RIGHTS & LABOR

• Recognize relevant ILO principles and comply with all global human rights policies and laws

• Click here for Aptiv’s Diversity Equality & Human Rights Policy

ETHICS & COMPLIANCE

• Named one of the world’s most ethical companies by Ethisphere for the 7th straight year

SAFETY

• Top quartile performance versus peers: Lost Work Day Cases per 100 employees rate of 0.02

DIVERSITY & EMPLOYEE ENGAGEMENT

• Promote acceptance and respect across perspectives; 47% of workforce are female

• Continuous interaction with our workforce –quarterly all-employee broadcasts, monthly global leadership

calls, and interactive employee digital platform and mobile app

ATTRACTING AND RETAINING TALENT

• Provide incentives to encourage our values, behaviors and sustainable results

• Leveraging university partnerships to engage with students & provide continued education for employees

COMMUNITY INVOLVEMENT

• Local community, STEM education and other philanthropic efforts through volunteering and

Aptiv’s self-funding foundation

THE BEST TALENT, ORGANIZED THE RIGHT WAY

6 Aptiv Overview | November 2019

Page 7: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

SAFE

Our Products

GREEN CONNECTED

Aptiv Overview | November 20197

PORTFOLIO ALIGNED TO SAFE, GREEN AND CONNECTED MEGA TRENDS

APTIV MISSION

A SOCIETY THAT SEES ZERO FATALITIES,

ZERO INJURIES AND ZERO ACCIDENTS

APTIV TECHNOLOGIES

• Perception systems and sensor fusion

• Active Safety software and multidomain controllers

• High fidelity / reliability interconnects and signal distribution

• Gesture and voice recognition for hands free control

ADDRESSABLE CPV

$5,000+

APTIV MISSION

ZERO EMISSIONS: MINIMIZE THE VEHICLE’S

TOTAL LIFECYCLE ENVIRONMENTAL IMPACT

APTIV TECHNOLOGIES

• High Voltage wiring and electrical centers

• High Voltage connectors, plug-in chargers and cord sets

• Aluminum wire harnesses for light-weighting

• Architecture optimization for mass and weight reduction

ADDRESSABLE CPV

$2,000+

APTIV MISSION

SEAMLESS INTEGRATION BETWEEN THE CAR,

ITS PASSENGERS, AND THE WORLD AROUND IT

APTIV TECHNOLOGIES

• Secure connected gateways (Cellular, Satellite, DSRC, GPS)

• Wireless (Wifi, BT), Media Modules and Consumer Ports

• Over-The-Air (OTA) for Software and Firmware

• Edge Processing, cloud analytics and cybersecurity

ADDRESSABLE CPV

$3,000+

Page 8: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

Our Planet

GREENHOUE GAS EMISSIONSScope 1+2 CO2 emissions in tons / employee

GLOBAL WASTE DISPOSALKilograms / employee

GLOBAL WATER

CONSUMPTIONThousand liters / employee

Aptiv Overview | November 20198

3.0 2.92.6 2.4 2.3

2014 2015 2016 2017 2018

(6.4%)Per Year

CONTINUOUSLY IMPROVING OUR SUSTAINABILITY AND CARBON FOOTPRINT;

ON TRACK TO EXCEED 2012 TARGET OF 30% REDUCTION BY 2020

8576 70 65 65

2014 2015 2016 2017 2018

(6.5%)Per Year

1613 13 13 12

2014 2015 2016 2017 2018

(6.9%)Per Year

Page 9: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

9

Board And Committee Overview

Aptiv Overview | November 2019

KEY CHARACTERISTICS

• ELECTIONS

Held Annually

• LEADERSHIP

Proven management track record

• EXPERIENCE

Decades of diverse industry expertise

• BOARD TENURE Mandatory retirement age

• DIVERSITY

27% Board Diversity

CONTINUOUSLY FOCUSED ON BOARD DIVERSITY

• Composition: 11 prominent business leaders

• Independent Chairman of the Board: Raj Gupta

• Chairman: Cooper

• Current members: Dellaquila, Parris, Pinczuk

• Chairman: Gupta

• Current members: Meister, Orberg, Zimmerman

• Chairman: Zimmerman

• Current members: Dellaquila, Mahoney, Meister

• Chairman: Donofrio

• Current members: Cooper, Ortberg, Parris, Pinczuk

• Chairman: Gupta

• Current members: Donofrio, Mahoney

FINANCE

COMPENSATION & HUMAN RESOURCES

AUDIT

NOMINATING & GOVERNANCE

BOARD

INNOVATION & TECHNOLOGY

Page 10: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

SUSTAINABILITY

Board Of Directors EngagementSTRONG PARTNERSHIP BETWEEN BOARD OF DIRECTORS AND LEADERSHIP

ON STRATEGY AND RISK MANAGEMENT

GOVERNANCE ETHICS & COMPLIANCE

STRATEGY FINANCE INVESTOR SENTIMENT

• Product portfolio review

• Operational planning

• Long-term enterprise risks and opportunities

• Strategic investments

• Financial performance and disclosures

• Annual budget and long-term business plan

• Capital deployment

• Market and industry insight and assessment

• Investor and analyst feedback / perception

• Communication strategy

• ESG priorities

• Long-term environmental goals and commitments

• Safety and compliance

• Community involvement

• Selection and evaluation of Board members

• Corporate governance guidelines

• Compensation philosophy

• Enterprise risk

• Company culture

• DRIVE Line

• Diversity and inclusion

• Training and communications

10 Aptiv Overview | November 2019

Page 11: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

PERFORMANCE BASEDNamed Executive Officer Pay Mix

LONG-TERM VALUE FOCUSED ACHIEVED THE RIGHT WAYStrategic Results Modifier (SRM) Component of AIP

Aptiv Overview | November 201911

1. Segment performance metrics based on Operating Income and Simplified Operating Cash Flow

2. TSR performance relative to Russel 3000 Auto Index peers

3. For Executive Officers

79%Aptiv Performance

Based

BASE PAY | 21%

Incentives Aligned To Creating

SHAREHOLDER VALUE10% SRMSTRATEGIC RESULTS MODIFIER

+ -

2019 SRM GOALS

TALENT

Attract and retain the best

CULTURE

Reinforce values and behaviors of a

winning team

QUALITY

Drive flawless launch and delivery

AIP

• 50% | NET INC1

• 10% | BOOKINGS

• 40% | CASH (CFBF) 1

ANNUAL

INCENTIVE

PLAN

(AIP) | 19%

LTIP

• 25% | NET INC

• 25% | TSR2

• 50% | RONA

75% Performance3

25% Time Based3

SRM Goals drive

strategic factors

52%Russell 3000

Average

LONG-TERM

INCENTIVE

PLAN

(LTIP) | 60%

Performance Based LTIP linked to

business plan; strongly incentivizing

commitment to outperformance

Incentives Aligned to Long-Term ValuePAY-FOR-PERFORMANCE CULTURE WITH METRICS TIGHTLY LINKED TO LONG-TERM VALUE CREATION

Page 12: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

12 Aptiv Overview

• TRACK RECORD OF DELIVERING ON COMMITMENTS

• DIVERSITY AND SOCIAL RESPONSIBILITY CORE VALUES TO APTIV

• PRODUCT PORTFOLIO ALIGNED WITH SAFE, GREEN & CONNECTED

• BOD ACTIVELY ENGAGED ON STRATEGY & RISK ASSESSMENT

• EXECUTIVE PAY ALIGNED WITH SHAREHOLDER INTEREST

Aptiv A Sustainable Business

Aptiv

Peers

S&P 500

Returns from Nov 17, 2011 through Nov 6, 2019

Peers - Market cap weighted index of TEL, ST, APH, CON, LEA, VNE, Valeo, VC, Denso, MGA, LFUS

CREATING VALUE FOR OUR SHAREHOLDERS

153%

189%

489%

Total Shareholder Return since IPO

ETHISPHERE INSTITUTE:

WORLD’S MOST ETHICAL

COMPANIES® FOR THE

SEVENTH YEAR IN A ROW.

INCLUDED IN THE DOW

JONES SUSTAINABILITY

INDICES (DJSI)

INCLUDED IN THE

FTSE4GOOD INDEX SERIES

RANKED #4 IN THE AUTO &

PARTS INDUSTRY CATEGORY

AND INCLUDED IN THE JUST

U.S. LARGE CAP EQUITY ETF

RECEIVED AN A RATING

IN THE MSCI ESG

RATINGS ASSESSMENT

CARBON DISCLOSURE

PROJECT: VOLUNTEER

RESPONDENT SINCE 2012.

CDP SCORE: B

RECENT RECOGNITION

Page 13: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’
Page 14: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

14

Board of DirectorsRajiv L. GuptaChairman of the Board• Director since November 2009

• Former Chairman and CEO of Rohm and Haas Company

• Other Directorships: Avantor, Inc., Arconic Inc., DuPont de Nemours, Inc., HP Inc.

(formerly Hewlett Packard) (2009-2017), The Vanguard Group, Inc. (2001-2017) and

Tyco International plc (2005-2016)

Nicholas M. Donofrio• Director since December 2009

• Former Executive Vice President, Innovation & Technology, International Business

Machine Corporation

• Other Directorships: Advanced Micro Devices, Inc. (2009 – 2018) and Bank of New

York Mellon (1999 – 2017)

Kevin P. ClarkPresident & Chief Executive Officer• Director since March 2015

• Founding partner of Liberty Lane Partners, LLC

• Former Chief Financial Officer of Fisher Scientific International Inc.

Paul M. Meister• Director since July 2019

• Co-Founder and CEO, Liberty Lane Partners

• Other Directorships: Oaktree Acquisition Corp., Quanterix Corporation, Scientific Games

Corporation, LKQ Corporation (1999-2018), Revlon, Inc. (2016-2018) and vTv Therapeutics Inc.

(2015-2018)

Ana G. Pinczuk• Director since November 2016

• Chief Development Officer for Anaplan

• Other Directorships: KLA-Tencor Corporation

Nancy E. Cooper• Director since February 2018

• Former Executive Vice President & CFO of CA Technologies

• Other Directorships: Brunswick Corporation, Guardian Life Insurance Company of America,

The Mosaic Company and Teradata Corporation (2009-2017)

Frank J. Dellaquila• Director since December 2017

• Senior Executive Vice President & CFO of Emerson Electric Co.

Colin J. Parris• Director since December 2017

• Vice President, GE Software Research for the General Electric Company

• Former Vice President, Systems Research in the IBM T.J. Watson Research Division

Robert K. (Kelly) Ortberg• Director since September 2018

• Chief Executive Officer, Collins Aerospace

• Other Directorships: Rockwell Collins, Inc. (2013 - 2018)

Lawrence A. Zimmerman• Director since November 2009

• Former Vice Chairman and Chief Financial Officer of Xerox Corporation

• Other Directorships: Flextronics International Ltd., Brunswick Corporation (2006-2015),

and Computer Sciences Corporation (2012-2014)

Sean O. Mahoney• Director since November 2009

• Former Partner and Head of Financial Sponsors Group at Goldman Sachs & Co

• Other Directorships: Arconic Inc., iHeartMedia, Inc., Post-bankruptcy Board of Lehman

Brothers Holdings Inc., Alcoa Inc. (2016), Cooper-Standard Holdings, Inc. (2015-2018)

and Formula One Holdings (2014-2017)

Page 15: APTIV OVERVIEW€¦ · of our products and supply chain on the environment; improving our local communities Leading portfolio of advanced technologies aligned to solving our customers’

15

Senior Leadership

Kevin P. ClarkPresident and Chief Executive Officer

Glen De VosSenior Vice President and

Chief Technology Officer

William H. GugginaVice President, Global Operations

Joseph R. MassaroSenior Vice President

and Chief Financial Officer

Wendy F. MillerSenior Vice President

and Chief Marketing Officer

Mariya TrickettSenior Vice President and

Chief Human Resources Officer

Michael GassenSenior Vice President, Sales and President,

Aptiv Europe, Middle East, Africa and Russia

Elena Doom RosmanVice President, Investor Relations

David M. SherbinSenior Vice President, General Counsel,

Chief Compliance Officer and Secretary

Tim J. ClarkSenior Vice President,

Supply Chain Management

Matthew PetersonSenior Vice President and

Chief Information Officer

David PajaSenior Vice President and President,

Advanced Safety & User Experience