Thermal Comfort Solutions Overview slide image

Thermal Comfort Solutions Overview

Thermal Comfort Solutions (TCS) Provide our customers with a unique value proposition; a complete thermal comfort portfolio, together with Lear's technology, enables highly efficient thermal comfort performance modules Strong foundation of technology and capabilities through strategic vertical integration - Kongsberg acquisition completed in February 2022: pneumatic lumbar and massage, seat heating and ventilation IGB purchase agreement executed in May 2022 (closing subject to regulatory review): seat heating, ventilation and cooling, and sensors TCS enables performance, efficiency and comfort Up to 50% reduction in part complexity and 40% improvement in time to sensation and airflow Designing for manufacturability reduces seat assembly labor cost Lear's modular solution can improve energy efficiency, resulting in improved battery range for electric vehicles • Developed alternative materials to drive sustainability ReNewKnit™ sustainable suede alternative material, a first-to-market automotive textile that is fully recyclable at end of life FlexAirTM, Lear's 100% recyclable non- foam alternative reduces CO2 emissions by 50%, mass by 20% and improves breathability, enhancing comfort performance Soy Foam™, a substitute for certain petroleum-based products Customers adopting TCS in all segments from luxury to high volume and into second and third rows. TCS components generate above segment margins TCS business expected to grow 2 percentage points above market Heat, Ventilation & Cooling Modular Thermal Comfort Solution LEAR Lear Proprietary: The information contained herein is the property of Lear Corporation. Note: Thermal Comfort revenue includes internal & external sales Lumbar/Massage 14
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