© 2021 Copyright Veoneer Inc. All Rights Reserved PUBLIC
This is
Veoneer General Presentation
Veoneer
November 2021
November 2021 Veoneer General Presentation1
© 2021 Copyright Veoneer Inc. All Rights Reserved PUBLIC2
Our Purpose
Creating Trust in MobilityNovember 2021 Veoneer General Presentation
© 2021 Copyright Veoneer Inc. All Rights Reserved PUBLIC
“This conference is an opportunity for the world to embrace a new agenda to radically reduce the number of lives lost on our roads and re-think how we can provide access to safe, affordable, accessible and sustainable transport systems for all.”
Tedros Adhanom GhebreyesusWHO Director-General
November 2021 Veoneer General Presentation3
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Adding Prevention to Protection
November 2021 Veoneer General Presentation4
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Collaborative Driving
…blends the best of human drivers and machine intelligence for ADAS into a sophisticated driving system asthe human driver is interacting with intelligent technology.
November 2021 Veoneer General Presentation5
Step-by-step approach to autonomyIn 2030, a majority of all cars have advanced driver support technologies installed.Few fully automated cars.
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• An Autotech company
• Founded in 2018, spin-off from Autoliv
• Close to 70 years of automotive safety development
• 7,500 employees in 11 countries
• Headquartered in Stockholm, Sweden
• Listed on the NYSE and the Stockholm NASDAQ OMX
• In a merger process
This is Veoneer
November 2021 Veoneer General Presentation6
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8.2 millionCamera Sensors Delivered
42 millionRadar Sensors Delivered
~ 890 millionAirbag ECUs and Crash
Sensors Delivered
Delivered during the past decade, as Veoneer and as part of Autoliv
Veoneer - a Tech Company Delivering Automotive Grade
November 2021 Veoneer General Presentation7
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• Flexible, open and scalable software for smart mobility
• Focused on sensor Perception and Drive Policy, including a full stack of features and functions.
• With a modular approach to stack development, initially creating solutions up to Level 3 and later additional sensing and control for Level 4 autonomy.
• Arriver stacks are offered as an integrated solution with Snapdragon Ride and available through Qualcomm® to OEMs and tier1 suppliers as potential customers
• Targeting to have the first commercial products in new vehicles during 2024.
• Directly addresses a rapidly growing market megatrend in the automotive industry – Automation
Driving Policy Stack
Perception Stack
Localization
Tool Chains
BSP Framework
Camera PerceptionCreating a 360° model of the surrounding environment
FusionCombining multiple sensors, vehicle data and map information to build comprehensive understanding of the vehicle surroundings
Driving PolicyKnowing where we are and where we need to go. Will control the vehicle accordingly with a safe travel path.
.
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Qualcomm® Snapdragon™ is a product of Qualcomm® Technologies, Inc. and/or its subsidiaries.
May 2021 Arriver General Presentation
Veoneer’s Owned ADAS & AD Software Unit - Arriver
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Global Footprint
7,500 ASSOCIATES 11 COUNTRIES 6 MANUFACTURING SITES
22 TECHNICALCENTERS
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Our Associates are the Architects of Our Success
~7,500 Associates
~4,500 in Engineering
Our BeliefsBold Honesty
Burning Curiosity
Passion for Excellence
Agile
Collaborative
International Teams
10 November 2021 Veoneer General Presentation
11 Countries
22 Tech Centers
6 Manufacturing Facilities
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Safe Driving for Everyone
Products
November 2021 Veoneer General Presentation11
Our Commitments
A Safe Workplace where People Grow
Minimizing the Environmental Footprint
Own operations and customers’ vehicles
Guided by the Highest Ethics
People PlanetPrinciples of Governance
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Our Roadmap to Carbon Neutrality
2025
15% Reduction of Carbon EmissionsScope 1&2 carbon emissions
2030
Carbon Neutral Operations
2039
Carbon Neutral ProductsFrom sourcing to disposal
2040
Carbon Neutral Company
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Our Technology Showcase
13
DRIVER MONITORING SYSTEMS
VISION SYSTEM
FORWARD LOOKING
RADAR
REAR CORNER RADAR
ROADSCAPE
ADAS ECU
RESTRAINT CONTROL SYSTEM
NIGHT VISION
V2X
SATELLITE CRASH SENSORS
LIDAR
FRONT CORNER RADAR
Active Safety
Autonomous Driving
Restraint Controls
LIDAR
06 October 2021 60GHz ICS - Introduction
INTERIOR RADAR
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Close to 70 years of Experience with Many World Firsts(1)
1990 19952000
20052010
Restraint Controllerwith Integrated Rollover
Restraint Controllerwith IntegratedIMU
Adaptive RestraintController &Remote Sensors
CV-EnhancedFront Crash Sensing
Off-RoadProtection with
Belt Control
IntegratedRestraint
Brake ControlPedestrian DetectionSystem
Airbag ECUs
with Dwell Enhancement
2015
Night Vision Pedestrian Detection System
Short & Medium Range Radar
Night VisionSensor FusionFIR / NIR
4 Corner Radar and Pre-Triggering Passive
Safety
Long Range Radar(in alliance with Continental as the system supplier)
Autonomous Emergency BrakingRadar and Mono VisionA
ctiv
e Sa
fety
an
d B
raki
ngR
estr
aint
Con
trol
Syst
ems
Acceleratinginnovation pace
Night Vision Animal Detection System
(1) Including acquisitions
Learning Intelligent Vehicle
2017
ADAS ECU
14 November 2021 Veoneer General Presentation
2018
ADAS ECU ‘Zeus’ meets L4
Autonomous Driving
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GAC CHUANQI GS8 [Pushed forward to Q3]•AVV ~70K•MV4, 77Ghz, RCS
China based OEM•AVV ~50K•MV4, 77Ghz
Geely KX11/EX11•AVV ~240K•MV4, SV4, 77Ghz, ADAS ecu, Z1S,
Volvo XC60 •AVV ~160K•MV4, 77Ghz, ADAS ecu, Z1S
Volvo S90/V90 •AVV ~80K•MV4, 77Ghz, ADAS ecu, Z1S
Honda Civic•AVV ~490K•24Ghz
Jeep Grand Wagoneer•AVV ~80K•NiVi4, RCS
Mercedes EQ•AVV ~70K•77Ghz, SV4, ADASSW
Jeep Compass•AVV ~150K•77Ghz
2021 is an important Customer launch year
November 2021 Veoneer General Presentation1515
AVV - Average Vehicle Volume are primarily based on the IHS vehicle volume planning assumptions over vehiclelife-cycle, CPV - Content per Vehicle Volume, Products – MVS (Mono Vision System), SVS (Stereo Vision System),MV4 (Gen4 Mono Vision), SV4 (Gen4 Stereo Vision), 77Ghz & 24Ghz Radar, NiVi4 (Gen4 Thermal Sensing NightVision), ADAS ecu (Advanced Driver Assist System electronic control unit), ADAS SW (ADAS Software), DMS (DriverMonitoring System), Z1S (Zenuity Software), HDLM (High Definition Mapping), RCS (Restraint Control System).
Q1’21 Q2’21 Q3’21 Q4’21
Grand Cherokee•AVV ~630K•NiVi4, RCS, DMS,
Pos. system
Mercedes C class•AVV ~380K•SV4, 77Ghz, ADASSW
Jeep Cherokee •AVV ~90K•24Ghz
Subaru Forrester•AVV ~260K•SV4
Japan based OEM [Delayed to Q4]•AVV ~50K•77Ghz, SV4
Japan based OEM [Delayed to Q4]•AVV ~110K•77Ghz, RCS
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Highly Automated Driving solution
in the Mercedes-Benz S-class, equipped to offer level 3 hands-
off self-driving tech
2021 Achievements
Subaru Levorg awarded top results in the Japan NCAPwith Veoneer Vision tech
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First public demonstration of the Arriver-Snapdragon Ride solution at theIAA Show in Munich,
fall 2021
Arriver’s First Public Demonstration
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Full Year 2020 Net Sales: $1.37 billion
November 2021 Veoneer General Presentation18
Key FiguresFull Year 2020
FY’20 Organic Sales1
~(16)%Reported Sales ~(28)%
LVP ~(17)%
FY’20 Operating Loss
$367MCash flow1 $(192)M
1 Non U.S. GAAP measure Organic Sales, and Cash flow before financing activities,
FY’20 RD&E (net)
$407MGross Margin 15.8%
Organic growth from Q4 $155M YoY improvement Operating loss decrease of $93M
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2020: 1.37 BUSD
November 2021 Veoneer General Presentation19
Net Sales
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O U R P U R P O S E I SCreating Trust in Mobility
O U R I N S I G H T I S T H A TIn the complex new reality, our customers
need an expert partner working in new ways
O U R C O R E S T R A T E G Y I S T O D E L I V E RInnovative Solutions You Can Trust
T H R O U G H O U R C O R E P I L L A R SFlawless Delivery
Customer-Centric CollaborationHuman-Centric Innovation
O U R B E L I E F SBurning Curiosity. Passion for Excellence. Bold Honesty.
O U R B E H A V I O R SBuilding Trust. Driving Customer Focus. Cultivating Innovation.
Working together. Empowering People Growth. Driving Performance and Simplicity.