#1APTIV OVERVIEW ·APTIV#2Forward Looking Statements 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. 2 Aptiv Overview •APTIV.#3Aptiv Overview POSITIONED TO WIN 3 2019 FINANCIAL PERFORMANCE¹ $ billions, except per share amounts Ô $14.4 $1.5 $4.80 REVENUE OPERATING INCOME $1.6 $22.1 EARNINGS PER SHARE OPERATING CASH FLOW BOOKINGS 1. Reflects 2019 actuals communicated on January 30, 2020 2. Reflects 2019 actuals communicated on February 3, 2020 Aptiv Overview GLOBAL FOOTPRINT AND CAPABILITIES² 160,000+ EMPLOYEES IN 44 COUNTRIES 26,000 ויויו 20,200 7,500+ SALARIED EMPLOYEES ENGINEERS FOCUSED ON SOFTWARE 126 MANUFACTURING 12 SITES MAJOR TECHNICAL CENTERS •APTIV.#4Industry's Toughest Challenges VEHICLE FATALITIES COMING DOWN GLOBALLY, BUT PASSIVE SAFETY AT ITS LIMIT; ADVANCED SAFETY SOLUTIONS CRITICAL IN REDUCING VEHICLE FATALITIES NHTSA 94% OF ALL ACCIDENTS ARE CAUSED BY HUMAN ERROR World Health Organization 1.35M Aptiv Overview ROAD TRAFFIC DEATHS ANNUALLY EMISSIONS REGULATIONS BECOMING INCREASINGLY STRINGENT GLOBALLY TO HELP IMPROVE AIR QUALITY AND REDUCE TRANSPORTATIONS ENVIRONMENTAL IMPACT European Environment Agency #1 IR POLLUTION IS THE NUMBER ONE ENVIRONMENTAL CAUSE OF DEATH THE EUROPEAN UNION SEPA 4.6 METRIC TONS OF CO2 EMITTED FROM A TYPICAL PASSENGER VEHICLE loj URBANIZATION AND CONSUMER EXPECTATIONS DRIVING DEMAND FOR MORE INTELLIGENT, INTEGRATED AND PRODUCTIVE SOLUTIONS IHS Markit SMARTPHONES GLOBALLY BY 2025, REPLACING THE PC AS CONSUMERS KEY CONNECTED DEVICE 6 B McKinsey & Company 25 B loT CONNECTED DEVICES GLOBALLY APTIV.#5Proactively Addressing the Changing Environment SMART EXECUTION OF OUR BUSINESS MODEL AND TIMELY CAPITAL DEPLOYMENT HAS ENABLED APTIV TO ADAPT AND THRIVE IN A DYNAMIC MARKET LO 2014 INVESTED IN AUTOMATED DRIVING & DATA CAPABILITIES at attractive valuations, while helping accelerate Active Safety and central compute product lines Aptiv Overview Jun 2015 Thermal Jul 2015 ottomatika Jul 2015 Reception Systems Νον 2015 Control-Tec EXITED HARD-PARTS businesses, where limited opportunity for differentiation was increasingly driving price pressure Dec 2015 HellermannTyton Dec 2016 Mechatronics Dec 2017 nuTonomy ACQUISITIONS increasing our scale and leverage in electrical architecture, while expanding in adjacent markets Dec 2017 Powertrain Spin-off Jun 2018 KUM Oct 2018 Winchester Nov 2019 gabocom POWERTRAIN SPIN-OFF created two independent public companies, better positioned to pursue independent strategic priorities 2020 Q1 2020 Aptiv / Hyundai Automated Driving JV •APTIV.#6Aptiv / Hyundai Joint Venture JOINT VENTURE TO ADVANCE THE DESIGN, DEVELOPMENT AND COMMERCIALIZATION OF L4/5 AV TECHNOLOGY 6 •APTIV. HYUNDAI Aptiv Overview JOINT VENTURE $4B RIGHT PARTNER VEHICLES IN DEVELOPMENT WITH THE FUNCTIONAL SAFETY ARCHITECTURE IN PLACE, TO ADVANCE THE DEVELOPMENT OF L4-L5 TECHNOLOGY AT SCALE SHARED VISION SHARED TIMELINE AND DEPLOYMENT WITH COMPLEMENTARY CAPABILITIES TO ADVANCE PATH OF AUTONOMOUS TECHNOLOGY INTO PRODUCTION-READY SYSTEMS 10 RIGHT STRUCTURE ACCESS TO JOINT VENTURE TECHNOLOGY AND INSIGHTS FURTHER ENHANCE OUR COMPETITIVE POSITIONS IN ACTIVE SAFETY, VEHICLE CONNECTIVITY AND SVA™ FAN APTIV#7Competitive Moat is Expanding PROVIDING END-TO-END SOLUTIONS THAT ADDRESS INDUSTRY CHALLENGES AND ENABLE THE COMMERCIALIZATION OF NEW MOBILITY VEHICLE IS BECOMING A SOFTWARE DEFINED PLATFORM 10 110100 New safe, green and connected features increasingly enabled through advanced software which requires more advanced 100000 01001110 0116 architectures to run it 7 FULL SYSTEM SOLUTION CAPABILITIES MAKE APTIV UNIQUELY QUALIFIED TO CONCEIVE, SPECIFY AND DELIVER NEW MOBILITY APPLICATIONS Aptiv Overview 01100011 10001100 ADVANCED SOFTWARE 100001 01111010 01101001 01101111 01101110 01101001 6010000000 01100101 01110010 0010000001101001 0110110000000001001110 01101111 01110011 01110100 01110010 01101111 00100000 01001101 011 01101010 Increasing differentiation and value from software drives accretive revenue growth 00100000 01110000 011 101 01110010 00100800 01101001 ADVANCED ARCHITECTURES More integrated, optimized architectures will drive greater addressable content for Aptiv CLOUD APPLICATION LAYER MIDDLEWARE OPERATING SYSTEM HARDWARE ABSTRACTION COMPUTE DATA & POWER DISTRIBUTION SENSORS, PERIPHERALS & ACTUATORS CORE STRENGTHS Complementary, interdependent skill-sets 1000 |</> 00110 25 & 100 (00110, SOFTWARE COMPUTE 288 deje 61101213 an inst POWER DATA •APTIV.#8Advanced Safety & User Experience | Brain DEEP EXPERTISE IN SOFTWARE AND CENTRALIZED COMPUTING PLATFORMS UNLOCKING NEXT GENERATION FUNCTIONALITY ADVANCED SAFETY & USER EXPERIENCE 2019 Revenue 8 ACTIVE SAFETY CONNECTIVITY & SECURITY OTHER Aptiv Overview MOBILITY & SERVICES INFO & USER EXPERIENCE CENTRAL COMPUTE AND SOFTWARE CAPABILITIES ENABLING ADVANCED FUNCTIONALITY Software & systems integration enabling leadership position in active safety Leader in systems optimization. 1. Cumulative value of bookings 2. Adjusted Growth over Aptiv weighted market. Investor Day targets communicated on June 4, 2019. Deep understanding of functionality safety Brain s BOOKINGS $7.6B 2019 $27.0B SINCE 20161 SALES GOM² -10% 2019-2022E •APTIV.#9Active Safety CUSTOMER AWARDS REFLECT SIGNIFICANT MARKET SHARE GAINS ADDRESSABLE MARKET $ Billions, % CAGR $6.5 2019 20% 2022 Source: Internal Analysis/BCG Estimates Aptiv Overview LVL 3 LVL 2/2+ LVL 0/1 BOOKINGS Lifetime gross program revenues, $ Billions $1.2 $1.2 $1.4 2014 2015 2016 $3.7 $3.9 $4.2 $5.0+ 2017 2018 2019 2020E REVENUE $ Billions, % Adj Growth¹ $0.9 2018 $1.3 2019 30% ~$1.7 2020E # ● $2.5+ 2022T 1. Revenue growth excludes impact of foreign exchange, commodities and divestitures APTIV.#10Signal & Power Solutions | Nervous System GLOBAL LEADER IN NEXT GENERATION ARCHITECTURES; LEVERAGING EXPERTISE IN HARSH ENVIRONMENT ELECTRONICS TO EXPAND IN ADJACENT MARKETS SIGNAL & POWER SOLUTIONS 2019 Revenue ELECTRICAL DISTRIBUTION -55% SYSTEMS (EDS) 10 O ENGINEERED COMPONENTS -45% GROUP (ECG) ADJACENT MARKET EXPOSURE Aptiv Overview EXPANDING LEADERSHIP POSITION IN AUTOMOTIVE GRADE ARCHITECTURE APPLICATIONS Leader in increasingly complex systems optimization Global scale with industry leading cost structure 1. Cumulative value of bookings 2. Adjusted Growth over Aptiv weighted market. Investor Day targets communicated on June 4, 2019. Broadest and most relevant portfolio of technologies BOOKINGS $14.5B 2019 788 $55.3B SINCE 20161 SALES GOM² 4-6% 2019-2022E m •APTIV.#11High Voltage Electrification CUSTOMER AWARDS AND HIGH GROWTH MARKET REFLECT SIGNIFICANT OPPORTUNITY ADDRESSABLE MARKET $ Billions, % CAGR 11 $2.2 2019 35% 2022 Aptiv Overview PHEV Hybrid - Mild Hybrid - Full Source: IHS production data and Internal Aptiv CPV estimates Electric BOOKINGS Lifetime gross program revenues, $ Billions $0.4 $0.7 $0.1 2014 2015 2016 $1.0 $2.0 $2.0 $2.0+ 2017 2018 2019 2020E REVENUE $ Billions, % Adj Growth¹ $0.26 2018 $0.34 2019 50% ~$0.5 2020E $1.0+ 2022T 1. Revenue growth excludes impact of foreign exchange, commodities and divestitures APTIV#12Sustainable by Design FINANCIAL FRAMEWORK ALIGNED WITH STRATEGY AND VISION 12 MORE SUSTAINABLE BUSINESS APTIV. ABILITY TO OUTPERFORM IN ANY ENVIRONMENT Aptiv Overview REVENUE DIVERSIFICATION Disciplined revenue growth with balanced customer, region and end market mix INDUSTRY LEADING GROWTH PORTFOLIO Robust new business wins validating our relevant portfolio of advanced technologies IMPROVED COST STRUCTURE Relentless focus on reducing cost and improving our flexible business model INVESTMENTS FOR GROWTH Reinvestment in the business improving competitive positioning BALANCED CAPITAL DEPLOYMENT Increased cash flow and balanced capital deployment drives upside ● APTIV.#13Diversification Strategy EXPANSION IN END MARKETS NOT TIED TO LIGHT VEHICLE PRODUCTION PATH TO 25% BY 2025 QUISITIONS ACCRETIVE ACQUISITIONS Winchester provides a platform for further non-auto expansion, leveraging a strong management team and channel access NEAR-FIELD END MARKETS LEND Organically expand existing technologies to logical end markets, such as Commercial Vehicles, Mil/Aero, Manufacturing, etc. MOBILITY & SERVICES Recurring software revenue for AMOD providers; $500M by 2025 Grow post sale monetization opportunities from Connected Services and Automated Driving 13 Aptiv Overview END MARKET REVENUE Revenue ($ Billions), % of Total Sales -6% $0.7 2015 -14% $0.9 $1.1 2019 -25% 2025T MERGERS & ACQUISITIONS MOBILITY & SERVICES INDUSTRIAL MARKETS COMMERCIAL VEHICLES ● APTIV.#14Balanced Capital Deployment FOCUSED ON VALUE ENHANCING ORGANIC AND INORGANIC INVESTMENT OPPORTUNITIES OPERATING CASH FLOW $ Billions, Free Cash Flow Conversion ¹ 723 $1.4 73% $1.6 90% -10% CAGR² $1.6 85% $2.2-2.4 85-90% Long Term Capital Allocation Priorities4 M&A AND SHARE REPURCHASES 45% -55% O CAPITAL EXPENDITURES 35% -40% DIVIDENDS 10%-15% DRIVING GROWTH Organic reinvestment to support active safety, infotainment and engineered components growth Adding accretive acquisitions and technology enablers; M&A pipeline remains full RETURNING CASH TO SHAREHOLDERS Opportunistic share buybacks take advantage of market dislocations Maintaining a competitive dividend 41 2017 3 2018 2019 2022T 1. FCF Conversion: (Operating Cash Flow - CAPEX + Spin Related Cash Payments) / Net Income; Spin Related Cash Payments of $38M in 2017 and $167M in 2018 CAGR represents growth of operational cash flow only 2. G 3. 2017 excludes the $310M payment for unsecured creditors settlement in 2017 4. Net of cash required to support business operations 14 Aptiv Overview APTIV.#15Summary VEHICLE BECOMING A SOFTWARE DEFINED PLATFORM Software driving value; increasingly enabling features and functionality Advanced hardware required to support increased data and compute needs APTIV UNIQUELY POSITIONED TO UNLOCK VALUE • Only provider of the integrated brain and nervous system of the vehicle ● Increasing vehicle complexity favors full stack solutions providers INVESTMENT DRIVES CONTINUED OUTPERFORMANCE • Operations funding investments for growth ● Disciplined and accretive capital deployment; proving through cycle performance ● 15 Aptiv Overview#16● APTIV