Kongsberg Automotive

Investor Presentation • May 12, 2021

INVESTOR PRESENTATION

MAY 12, 2021

FORWARD-LOOKING STATEMENTS AND NON-IFRS MEASURES

FORWARD-LOOKING STATEMENTS

This presentation contains certain "forward-looking statements". These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance, financial condition or achievements to differ materially from anticipated results, performance, financial condition or achievements. All statements contained herein that are not clearly historical in nature are forward-looking and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward-looking statements. We have no intention and are under no obligation to update or alter (and expressly disclaim any such intention or obligation to do so) our forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by law. The forward-looking statements in this presentation include statements addressing our future financial condition and operating results. Examples of factors that could cause actual results to differ materially from those described in the forward-looking statements include, among others, business, economic, competitive and regulatory risks, such as conditions affecting demand for products, particularly in the automotive industries; competition and pricing pressure; fluctuations in foreign currency exchange rates and commodity prices; natural disasters and political, economic and military instability in countries in which we operate; developments in the credit markets; future goodwill impairment; compliance with current and future environmental and other laws and regulations; and the possible effects on us of changes in tax laws, tax treaties and other legislation. More detailed information about these and other factors is set forth in the 2020 Kongsberg Automotive Annual Report and the Kongsberg Automotive Quarterly Reports.

NON-IFRS MEASURES

Where we have used non-IFRS financial measures, reconciliations to the most comparable IFRS measure are provided, along with a disclosure on the usefulness of the non-IFRS measure, in this presentation.

AGENDA

• > TODAY'S PRESENTERS
• > INTRODUCTION OF CEO JOERG BUCHHEIM
• > NEW PLANTS AND EXPANSIONS
• > PRODUCTS FOR ELECTRICAL VEHICLES (EV)
• > Q&A – MODERATED BY PETTER KONGSLIE

TODAY'S PRESENTERS

JOERG BUCHHEIM President & CEO

JOINED KA 2021

EXPERIENCE

CEO Inalfa roof systems (2016 – 2021) President & CEO HELLA China (2012 – 2016)

EDUCATION

HSD University of Applied Sciences, Düsseldorf, BA Electronics

NORBERT LOERS CFO

JOINED KA 2017

EXPERIENCE

CFO, Hay Group/Musashi Automotive (2013-2016) CFO, Neumayer Tekfor Holding Int. (2007-2013)

EDUCATION University of Bonn, Master of Economics

ROBERT PIGG SVP Off-Highway Interim EVP Interior

JOINED KA

2006

EXPERIENCE

VP Driver Interface (2015-2016) VP Program Management, FTS (2013-2015) Engineering Director (2008-2013)

EDUCATION Auburn University, BA Mech. Eng.; FHU, BA-Physical Sciences

EDUCATION

University of Evansville, BS Electrical Engineering

EXPERIENCE Automotive Consultant, Cary (2012-2017)

BOB RIEDFORD President Powertrain & Chassis

JOINED KA 2016

DAVID REDFEARN EVP Fluid Transfer Systems (FTS)

JOINED KA

1993

EXPERIENCE VP Sales, FTS (2013-2016) Sales Director, FTS (2008-2013)

EDUCATION

Stockholm School of Economics, MBA

LINDA NYQUIST-EVENRUD SVP Couplings

JOINED KA

2008

EXPERIENCE

Sales & Marketing Director, Couplings (2016-2017) Sales & Marketing Manager, Couplings (2008-2016)

EDUCATION

Halmstad University, BA Product, Innovation, Int. Mgmt.

ABOUT KONGSBERG AUTOMOTIVE

About Kongsberg Automotive

COMPANY OVERVIEW

• > Headquartered in Zurich, Switzerland and listed on the Oslo Stock Exchange
• > Three segments:
  • » Interior: interior comfort systems and light duty cables
  • » Powertrain & Chassis: clutch and gearshift systems, actuators and vehicle dynamics applications
  • » Specialty Products: couplings, fluid transfer systems and off-highway applications
• > We estimate that approximately one out of five light duty (LDV) or heavy duty (HDV) vehicles contain our products globally
• > Diverse customer and end-market base with strong market positions

WORLDWIDE FOOTPRINT

PLANT

NEW PLANTS AND EXPANSIONS

COUPLINGS

PART OF SPECIALTY PRODUCTS BUSINESS UNIT

PLANT

SERVICING OUR WORLDWIDE CUSTOMERS LOCALLY THROUGH OUR GLOBAL FOOTPRINT

FLUID TRANSFER SYSTEMS

PART OF SPECIALTY PRODUCTS BUSINESS UNIT

FTS new plants and expansions

RAMOS ARIZPE MEXICO

PLANT

FTS new plants and expansions

RAMOS ARIZPE MEXICO

HIGHLIGHTS

• Sales increase by 30% for next 3 years

• Quality performance improve by 50% customer complaints reduction YOY

• Nominated Top Supplier by PACCAR 2020 and 2021

• Best performance for absenteeism and turnover, below 2% per month

• New project introduction flawlessly for Daimler and Cummins

  • Start up of introduction of new product for EV – SOP 2022

  • ISO 9000 / ISO 14001 and Maquiladora Certifications successfully achieved

PRODUCTS

comp®)

• Tube bending lines, 6 mm up to 25 mm O.D., Low carbon and stainless steel

• Stainless steel braided hose and bent tube assemblies

• Formed PTFE hose and tube assemblies.

TECHNOLOGIES, EQUIPMENT, PROCESSES

• 2 Forming plastic ovens

• 1 CNC tube cutting machine

• 1 CNC tube forming machine

• 6 CNC benders Robot handler

KEY CUSTOMERS

• Cummins

• Paccar

• Navistar

17 Leak tester machines

Formed PTFE hose (Fluoro-

Formed nylon hoses for EV

Formed nylon hose assemblies

17 Crimper machines

KEY INFORMATION

ESTABLISHED 2017

SEGMENT(S) AFFILIATION FLUID TRANSFER SYSTEMS (SPECIALTY PRODUCTS)

MANUFACTURING AND ASSEMBLY FLUID

KEY FUNCTIONS HOSES

PLANT, OFFICE OR WAREHOUSE PLANT

SIZE (M2) 4173

• EMPLOYEES 146
• PRODUCTION 116
• ENGINEERING 9
• SALES & PROGRAMS 1
  • OTHER 20

Volvo > Caterpillar

• 17 Assembly cells

FTS new plants and expansions

RAMOS ARIZPE PRODUCTION FLOOR AND KEY PROCESSES

ASSEMBLY CELL Fully integrated Crimping and leak test

QUALITY LABORATORY Measurement and test capability

METAL BENDING – WAFIOS with integrated robot

METAL BENDING – CRIPPA CNC forming machine

FORMING OVEN - NYLON Several forms and length

FORMING OVEN - FLUORCOMP Several forms and length

METALLURGY LABORATORY Metal Testing Capability

KEY INFORMATION

• Process Flow fully integrated from Tube cutting to final Assembly

• Lean Manufacturing cell concept

• Quality and Metallurgical Laboratories supporting shop floor and new projects

• Robot handling equipment to reduce headcount and better quality consistency

• Lead time for a complete assembly tube to test is1 day

• Supplier localization strategy ongoing

• Flexible plant for high volume low variety and Low volume high variety

• Sufficient floor space growing for 2021 2025 with no additional floor space requirements

INTERIOR

INTERIOR COMFORT SYSTEMS AND LIGHT DUTY CABLES

PLANT

WUXI SHUOFANG CHINA

Interior new plants and expansions

WUXI SHUOFANG CHINA

HIGHLIGHTS

> Sales increase by 65% for the next 3 years

• Construction started in January 2020

• Tesla Model 3 SOP April 2020

• Construction completed in October 2020

• Office personnel moved in November 2020

• Seat Heat and Seat Vent transfer complete December 2020

• Seat Support / Massage transfer will be complete November 2021

PRODUCTS

• Seat Vent

• Seat Heat

• Seat Support / Massage

TECHNOLOGIES, EQUIPMENT, PROCESSES

• Harness Assembly

• S2C and Sinus Wiring

• Press Cutting

• Soldering

• Manual Assembly

	KEY CUSTOMERS
> Volvo	> Tesla
> BMW	> Nio
> Daimler	> Shanghia GM

KEY INFORMATION

ESTABLISHED 2020

SEGMENT(S) AFFILIATION INTERIOR, ICS

ADMINISTRATION,

KEY FUNCTIONS

OPERATIONS, SALES, AND ENGINEERING

PLANT, OFFICE OR WAREHOUSE PLANT

TECH CENTER YES

SIZE (M2) 11333

EMPLOYEES

• PRODUCTION 338
• ENGINEERING 22
• SALES & PROGRAMS 23
  • OTHER 58

Interior new plants and expansions

WUXI SHUOFANG RECEPTION, OFFICES AND PRODUCTION FLOOR

BRZESC POLAND

PLANT

BRZESC POLAND

HIGHLIGHTS

• Sales increase by 30% for the next 3 years

• FTS is growing from €13 to €25 M in the coming 2 years

• Construction April 2017 December 2017

• First production in March 2018

• ISO 14001 certification in December 2018

• ISO 45001 certification in December 2019

• Seat Heat transfer completed December 2019

• Project/NPI team established February 2020

• IATF 16949 certification in February 2021

• Prototype area transfer completed January 2021

PRODUCTS

• Seat Heat

• Fluid transfer

ICS

TECHNOLOGIES, EQUIPMENT, PROCESSES

FTS

• Harness Assembly

• S2C and Sinus Wiring

• Press Cutting

• Manual Assembly

• Marking > Forming

Pre-cutting

Manual Assembly

Toyota > Audi > Ford

KEY CUSTOMERS

• Mercedes-Benz

• Volvo

• Volkswagen

• JLR

KEY INFORMATION

• ESTABLISHED 2018 SEGMENT(S) AFFILIATION INTERIOR - ICS FLUID TRANSFER SYSTEMS- FTS KEY FUNCTIONS OPERATIONS PLANT, OFFICE OR WAREHOUSE PLANT TECH CENTER NO SIZE (M2) 15 918 EMPLOYEES 1400 PRODUCTION & MAINTENANCE ¹²⁷⁵ MFG ENGINEERING& PROJECTS (NPI) ¹⁵ QUALITY 30
  • LOGISTICS & WAREHOUE ⁴⁵
    • OTHER 35

PRODUCTION FLOOR

BRZESC

PUNE INDIA

PLANT

PUNE INDIA

HIGHLIGHTS

• Engineering activities for ICS started in 2019 with the support of industry partner (Capgemini)

• Legal entity "Kongsberg Automotive Technology Center India Private Limited" incorporated in March 2021

• Highly efficient team of 25 electronics and software engineers transferred from Industry Partner to KA-TCI

• Office infrastructure ready in May 2021

PRODUCTS

Electronics and Software for:

Seat Heat

• Seat Support/ Massage

• Seat Vent

TECHNOLOGIES, EQUIPMENT, PROCESSES

• Generic electronic platform

• Software architecture AUTOSAR compliant

• Software verification and validation

• Vector toolchain

	KEY CUSTOMERS
BMW >	Nio >
> Daimler	> Stellantis
GM, SGM >	Toyota >
> Grammar	> Volvo
JLR >

KEY INFORMATION

2019	ESTABLISHED
INTERIOR, ICS	SEGMENT(S) AFFILIATION
ENGINEERING	KEY FUNCTIONS
OFFICE, LAB	PLANT, OFFICE OR WAREHOUSE
YES	TECH CENTER
1250	SIZE (M2)
	EMPLOYEES

• PRODUCTION 0
• ENGINEERING 27
• SALES & PROGRAMS 0
  • OTHER 2

Interior new plants and expansions

PUNE ADDITIONAL INFORMATION/ IMAGES

TCI OFFICE SPACE ON 3RD FLOOR

POWERTRAIN & CHASSIS

DRIVELINE AND ON-HIGHWAY

KOLUSZKI POLAND

PLANT

KOLUSZKI POLAND

HIGHLIGHTS

• Products engineered in Kongsberg, Norway innovation center

• Factory opened in 2016

• Factory extended in 2018 by 10,000 sqm

• Painting line installed in 2020

PRODUCTS

• Truck Axle Stabilizers (V-Stays)

• Truck Cabin Stabilizers

• Truck Cabin Crash Brackets

TECHNOLOGIES, EQUIPMENT, PROCESSES

• Robotic Welding

• CNC metal machining

• Steel Upsetting and induction hardening

• Manual & Robotic Assembly cells

• Paint Line

KEY CUSTOMERS

• Scania

• Volvo

• DAF

KEY INFORMATION

ESTABLISHED 2016

SEGMENT(S) AFFILIATION POWERTRAIN &

CHASSIS

KEY FUNCTIONS MANUFACTURING PROCESS ENGINEERING LOGISTICS

PLANT, OFFICE OR WAREHOUSE PLANT

SIZE (M2) SITE: 32,105 PRODUCTION: 15 310

• EMPLOYEES 153
• PRODUCTION 147
• ENGINEERING 2
• SALES & PROGRAMS 0
  • OTHER 4

P&C new plants and expansions

KOLUSZKI PRODUCT SPOTLIGHT

CABIN SUSPENSION SCANIA

Cabin stabilizers

105 000+ pcs/year

WHEEL SUSPENSION VOLVO

V-stays

110 000+ pcs/year

CABIN SUSPENSION DAF

Cabin stabilizers > 55 000+ pcs/year

Crash Brackets

100 000+ pcs/year

WUXI CHINA

PLANT

WUXI CHINA

HIGHLIGHTS

• Products design and developed in Mullsjo, Sweden innovation center

• Factory opened in 2004

• Factory extended in 2018 to 20,400 sqm

• MTM Mechatronic Transmission Modules SOP Nov. 2021

• Hong Qi Supplier award

PRODUCTS

• PV AT/MT shifter cable system

• PV SBW shifter

• PV ARC/ACM system

• CV Mechatronic Transmission Modules (MTM)

TECHNOLOGIES, EQUIPMENT, PROCESSES

• Injecting machine workshop

• AT/MT shifter and cable assembly line

• Knob and Boot dressing/stitching line

• SBW semi-automatic line

• ARC/ACM semi-automatic line

KEY CUSTOMERS

ECJV

• FAW –Red Flag > FCA

• CHANG AN

• GEELY/Volvo

KEY INFORMATION

ESTABLISHED 2004

SEGMENT(S) AFFILIATION POWERTRAIN & CHASSIS

KEY FUNCTIONS R&D CENTER MANUFACTURING LOGISTICS

PLANT, OFFICE OR WAREHOUSE PLANT

TECH CENTER YES

SIZE (M2) 20 400 (TOTAL) / 12 864 (P&C)

EMPLOYEES(P&C) 454

• PRODUCTION 365
• ENGINEERING 55
• SALES & PROGRAMS 13
  • OTHER 21

P&C new plants and expansions

WUXI PRODUCT SPOTLIGHT

SHIFT - B Y - WIRE FAW, CHANGAN, GEELY , VOLVO

Shift-by-wire

940,000 + pcs/ year

ARC+ACM SYSTEM FAW,CHANGAN,GEELY

ARC/ACM system > 400,000+ pcs/ year

AT/MT SHIFTER+CABLE SYSTEM FCA,NISSAN,GEELY

AT/MT shifter / cable system

200,000+ pcs/ year

MTM (MECHATRONIC TRANSMISSION MODULES) ECJV

• MTM Mechatronic Transmission Modules

• Launch at Dec.2021

• 40,000+ pcs in 2022

PLANT

NUEVO LAREDO MEXICO

NUEVO LAREDO MEXICO, PLANT #4

HIGHLIGHTS

• Products designed and developed in Kongsberg, Norway innovation center

• Clean room environment

• 12 speed MTM line and stalk shifter assembly launched Summer 2017

  • » Running with 3 shifts since Feb 2021

• New Flex MTM line

  • » 12 speed MTM China launches end of Q2 2021
  • » 18 speed MTM launches Q1 2022

PRODUCTS

• Mechatronic Transmission Modules (MTM)

  • Harness assembly

  • Glue process

• Stalk shifters for commercial vehicles

TECHNOLOGIES, EQUIPMENT, PROCESSES

• Palletized semi-automated final assembly (MTM) with robotic load/unload

• Manual assembly line (stalk shifter) with robot for End Of line tester

• Clean room environment

KEY CUSTOMERS

• Eaton Cummins Joint Venture

• PACCAR (via ZF)

• Ford Otosan

KEY INFORMATION

ESTABLISHED 2017

SEGMENT(S) AFFILIATION POWERTRAIN &

CHASSIS

• KEY FUNCTIONS FINAL ASSEMBLY
• PLANT, OFFICE OR WAREHOUSE PLANT
  • SIZE (M2) 4600
  • EMPLOYEES 117
  • PRODUCTION 117
  • ENGINEERING 0
• SALES & PROGRAMS 0
  • OTHER 0

P&C new plants and expansions

NUEVO LAREDO PRODUCT SPOTLIGHT

MTM EATON - CUMMINS JOINT VENTURE

• Mechatronic Transmission Module for commercial vehicles with 12 and 18 speed AMT transmissions

• 100 000+ pcs/year

STALK SHIFTER PACCAR & FORD OTOSAN

Stalk shifters for commercial vehicles

80 000+ pcs/year

PRODUCTS FOR ELECTRICAL VEHICLES

COUPLINGS

PART OF SPECIALTY PRODUCTS BUSINESS UNIT

Couplings EV products

"NO 1 CHOICE FOR ELECTRICAL VEHICLE MANUFACTURERS"

HIGHER SYSTEM REQUIREMENTS OPEN NEW DOORS

• > Pneumatic brake systems remains transferring from ICE to EV. No negative effect on air couplings
• > No air leakage saves energy increasing driving distance
• > Optimal airflow leads to shorter time for braking, suspension and auxiliary systems
• > «Click-click» assembly and disassembly improve installation cost and reduce vehicle down time
• > Light weight materials contributes for light weight vehicle and increased payload

COMPETITIVE POSITIONING

• > Leverage relationship with already existing OEMs to enter new, electrical based platforms
• > Provide "best in class performance" to capture new customers entering electrical vehicle market
• > Meet future zero emission and safety critical performance requirements which results in higher quality standards and product differentiation
• > High focus on developing new products and enter new markets

BENCHMARKING LIGHT WEIGHT INCREASED GLOBAL MARKET SHARE

POLE POSITION IN ELECTRICAL VEHICLE SEGMENT

FEATURES & BENEFITS

BEST IN CLASS – LEAKAGE LEVEL OPTIMAL AIRFLOW

EASY BUILDING BLOCK SYSTEM

COMPOSITE MATERIAL BASE

INSTALLATION COST BENEFITS PERFORMANCE

Couplings EV products

AIR COUPLINGS FOR ELECTRICAL VEHICLE PLATFORMS SERIAL DELIVERIES 2021

REGION	BRAND	TYPE OF VEHICLE	BATTERY OR FUEL CELL	APPLICATION
Europe	VW/Scania	City Bus	Hybride	Urban
Europe	VW/Scania	City Bus	Battery	Urban
Europe	VW/Scania	HD Truck	Hybride	Intercity
Europe	Volvo	City Bus	Battery	Urban
Europe	Volvo	City Bus	Hybride	Urban
Europe	Volvo	HD Truck	Battery	Urban
Europe	Volvo	HD Truck	Battery	Intercity
Europe	Renault	HD/MD Truck	Battery	Intercity/Urban
Europe	NIKOLA	HD Truck	Battery	Intercity
Europe	ARRIVAL	City Bus	Battery	Urban
Europe	Bolloré	City Bus	Battery	Urban
Europe	Safra	City Bus	Fuelcell	Urban
South America	VW/MAN	MD Truck	Battery	Intercity
Asia	Skywell	Bus	Battery	Intercity
Asia	BYD	Bus	Battery	Intercity
Asia	BYD	HD/MD Truck	Battery	Intercity/Urban
Asia	FOTON AUV	BUS	Hybride	Urban
Asia	Ankai	BUS	Hybride	Intercity
Asia	FOTON LDT	TRUCK	Fuel cell	Intercity
Asia	Hyundai	Truck HD	Fuel cell	Intercity
Asia	Hyundai	Bus	Battery	Urban

*Estimated annual production volume 2021 is 50.000 Vehicles

Couplings EV products

AIR COUPLINGS FOR ELECTRICAL VEHICLE PLATFORMS DEVELOPMENT PROJECTS 2021

REGION	BRAND	TYPE OF VEHICLE	BATTERY OR FUEL CELL	APPLICATION
Europe	Confidential	MD Truck	Battery
Europe	Confidential	MD Truck	Battery	Urban
Europe	Confidential	MD Truck	Battery	Urban
Europe	Confidential	MD Truck	Battery	Urban
Europe	Confidential	HD Truck	Fuel Cell	Intercity
Europe	Confidential	Seaports/Airport vehicle	Battery	Autonomous truck
Europe	Confidential	Bus	Battery	Urban
Europe	Confidential	Bus	Battery	Urban
Europe	Confidential	Bus	Battery	Urban
Europe	Confidential	Bus	Fuel Cell	Intercity
Europe	Confidential	Bus	Battery	Urban
Europe	Confidential	Bus	Battery	Urban
Europe	Confidential	MD truck	Battery	Urban
Europe	Confidential	MD truck	Battery	Urban
Europe	Confidential	MD truck	Battery	Urban
Europe	Confidential	HD Truck	Battery	Urban
Europe	Confidential	HD Truck	Battery	Urban
Europe	Confidential	HD Truck	Battery	Intercity
Europe	Confidential	HD Truck	Battery	Intercity
North America	Confidential	Class 7/8	Battery	Intercity
North America	Confidential	Pickup	Battery	Urban
North America	Confidential	Class 7/8	Both	Intercity
North America	Confidential	Bus	Battery	Urban

FLUID TRANSFER SYSTEMS

PART OF SPECIALTY PRODUCTS BUSINESS UNIT

FTS EV products

GROWING BUSINESS BENEFITING FROM EV TRANSITION

RELEVANCE

RELEVANCE	ICEV TODAY	ICEV FUTURE	PHEV	BEV	FCEV
AIR SUSPENSION LINES					
(FLEXIBLE) HYDRAULIC BRAKE LINES					
FUEL LINES (BIOFUELS, HYDROGEN)					
EMISSION CONTROL LINES			
(FLEXIBLE) TURBO LINES			
COOLANT LINES					

PRODUCT TRENDS

> Weight savings

» replacement of steel and rubber by high performance plastic fluid transfer lines

> Tighter packaging

• » increasing need for flexible high-performance plastic fluid transfer lines
• » for ICEV increased temperature resistance fluid transfer lines

> Increased durability

» high performance plastic fluid transfer lines

> Increased safety

• » increase crash and flammability resistance by high performance plastic fluid transfer lines

• Increased cleanlines

  • » supports fuel savings and enables hydrogen fuel cell technology

MARKET DYNAMICS

SAFETY REGULATIONS

CO2 EMISSION LEGISLATIONS FOR ICE VEHICLES

MILES-PER-GALLON LEGISLATION DRIVING NEW ENGINE TECHNOLOGY

COMPETITIVE POSITIONING

PRODUCT LINES

OFF-HIGHWAY

PART OF SPECIALTY PRODUCTS BUSINESS UNIT

Off Highway EV products

ELECTRIC VEHICLES MARKET

PRODUCTS & OPPORTUNITIES

• > Electric Power Steering
  • » STD EPS for Powersport Vehicles
  • » Lightweight EPS for applications sensitive to size, weight, and power consumption.
• > Electronic Pedals and Hand controls:
  • » Brake by wire
  • » Throttle by wire
  • » Shift by wire
  • » Driver input/button modules
• > Battery Management Systems:
  • » Supporting key customer developing battery management subsystems and components
• > Other compatible devices
  • » Such as power efficient solid-state relays, programmable modules, and sensors

MARKET DYNAMICS PRODUCT HIGHLIGHTS

& DIGITIZATION ELECTRIC PEDALS AND HAND CONTROLS

BATTERY MANAGEMENT SYSTEMS

• > X by wire products: Throttle, Shift, and Brake
• > Multiple signal and communication protocols supported, including CAN, analog, and PWM
• > Designed specifically for Off Highway Vehicles
• > Manufacturing services for subcomponents, such as PCBA assembly
• > Battery Chargers, monitoring & diagnostics, inverters

Off Highway EV products

AUTONOMOUS VEHICLES MARKET

MARKET DYNAMICS

ELECTRIFICATION, AUTONOMOUS & DIGITIZATION

PRODUCTS & OPPORTUNITIES

• > Electric Power Steering
  • » Demonstrated on Agricultural Vehicle
  • » Provides precise fine movement and sufficient torque to drive existing hydraulic steering systems
• > GPS + Steering actuator
  • » Demonstrated on a watercraft to provide a functional auto-pilot
• > Other compatible devices
  • » Such as power efficient solid-state relays programmable modules, and sensors

PRODUCT HIGHLIGHTS

• > Contactless torque sensor with a rigid shaft
• > Optional integrated torque sensor
• > Multi-mode capability
• > Designed specifically for Off Highway Applications
• > Small light weight package
• > Can be sold as a standalone actuator w/o electronics

INTERIOR

INTERIOR COMFORT SYSTEMS AND LIGHT DUTY CABLES

Interior EV products

GROWING MARKET POSITION IN EV SEGMENT

INCREASING FOCUS ON COMFORT AND TECHNIFICATION OF SEATS

SEAT FEATURES AS PAY-AS-A-SERVICE

	OTO!

DIRECTED BUY TOWARDS TIER-2 SUPPLIERS

PREMIUM TO MASS MARKET LEADING TO UPTAKE IN TAKE-/ FITMENT RATES

COMPETITIVE POSITIONING

• > Leverage favorable EV market trends towards comfort and climate systems
• > Benefit from cross-selling between the products and standardization
• > Continue expansion of customer base esp. with "new" OEMs in Electric vehicle segments, i.e Lucid, Lordstown Motor, Tesla, Xpeng

MARKET DYNAMICS PRODUCT HIGHLIGHTS

• > Vent incorporates highly modular KA fan (Njord blower – gen3)
• > Made to be adaptable to many seat types
• > Aerodynamic (slim) design for best-inclass performance and fast cooling
• > Increased comfort features of occupant positions seen in electric vehicles, tuned to help both range and comfort

SEAT VENTILATION M ASSAGE SYSTEMS

• > Design offers scalability of the system (basic lumbar to adding multiple massage cells + vent into 1 system)
• > Can use Small Modular Valve (SMV) with best-in-class package size and weight
• > With Autonomous vehicles, higher expectation on long term seating comfort resulting in increase of take rates for massage and lumbar

POWERTRAIN & CHASSIS

DRIVELINE AND ON-HIGHWAY

P&C EV products

DRIVELINE SEGMENT WITH HIGH MARKET DYNAMIC AND NEW EMERGING CUSTOMERS

MARKET DYNAMICS

TRANSFER TO DRIVE AND SHIFT-BY-WIRE SYSTEMS

COMPETITIVE POSITIONING

• > Leverage deep skilled R&D team at Mullsjo, Sweden innovation center
• > Build upon 15% shift-by-wire market share in China with innovative products for shift-by-wire shifters and actuators
• > Continue winning new BEV-related applications
• > Sustainably improve customer relationship with existing OEMs
• > Double-down on patents in application process

STRONG POSITION IN ACTUATION SYSTEMS

PRODUCT HIGHLIGHTS

TOGGLE SHIFTER ROTARY SHIFTER

• > Small packaging & compact design
• > Low noise level
  • vs. competition
• > Designed for BEV and ICE vehicles
• mechanism w/ low current consumption and quick response
  • > Low noise level

> New locking

> Designed for BEV and ICE vehicles

DECOUPLING UNIT

DOG CLUTCH ACTUATOR

• > Complete gearshift actuator for BEV T/M
• > Incl. spring assistance
• and shift fork
• > High performance
• > Compact design
• > Actuator to decouple eAWD to save energy when in 2WD mode
• > Incl. spring assistance

P&C DRIVELINE PRODUCTS & TECHNOLOGY FOR PHEVs & EVs

VEHICLE TYPE	SBW GEAR & FORWARD/REVERSE SHIFTER	TRANSMISSION ACTUATOR	PARK LOCK ACTUATOR	CONNECT / DISCONNECT E-DRIVE AXLE	DECOUPLING ACTUATOR FOR ELECTRIC DRIVE
PHEV Plug-in Hybrid Electric Vehicle	YES Lever, Stalk, Rotary, Toggle SBW Shifter	YES (PRND) KA ARC Some transmissions	YES KA ARC Some transmissions	YES KA DCA Electrified 2nd axle
EV Electric Vehicle	YES Lever, Stalk, Rotary, Toggle SBW Shifter	YES (2/3 speed EV) KA DCA Some transmissions	YES KA ARC Some transmissions	YES KA DCA 4WD EVs

P&C EV products

ON-HIGHWAY HIGH PERFORMING TRANSMISSION BUSINESS

ADOPTION OF AIR SUSPENSION YIELDS OPPORTUNITIES

FUEL ECONOMY AND ENERGY SAVINGS DRIVING AMT* DEMAND

* Automated manual transmission

COMPETITIVE POSITIONING

• > Leverage deep skilled R&D team at Kongsberg, Norway innovation center
• > Further enhance system supplier capabilities
• > Leverage significant transmission knowledge
• > Push high performance actuators
• > Double-down on systems applicable for MD and HD commercial vehicles

MARKET DYNAMICS PRODUCT HIGHLIGHTS

GEAR ACTUATION SYSTEMS CLUTCH ACTUATION SYSTEMS

• > Pneumatic actuation can also be used for BEV trucks in addition to ICE based powertrains like AMT
• > Full electric actuator solutions based on existing technology in development
• > High performance and precise actuation
• > First high performance full electric clutch actuator for HD transmissions launched
• > Qualified for extreme requirements related to robustness and durability to secure uptime for the vehicles
• > Spin off and knowledge can be utilized for other actuators as gear actuation etc.
• > Can be used for hybrid trucks

P&C EV products

P&C ON-HIGHWAY PRODUCTS & TECHNOLOGY FOR HEVS & EVS

A GLOBAL SUPPLIER OFFERING SUPERIOR CUSTOMIZED PRODUCT SOLUTIONS TO LEADING OEM AND TIER-1 CUSTOMERS.