Stoneridge Strategic Outlook slide image

Stoneridge Strategic Outlook

Stoneridge Evolution and Overview Portfolio Transformation ▸ Divestiture of non-core businesses including wiring business in 2014, switches and connectors product lines in 2019 and soot sensor product lines in 2021 ► Acquisition of Orlaco (2017) and 100% of PST (2017) ► Investment in Autotech Ventures VC fund for access to cutting-edge technology and start-up partnerships By Segment Stoneridge Brazil, 8% Electronics, 45% Control Devices, 47% By End Market** Aftermarket / Non- OE / Other, 20% Passenger Car, 4% Commercial Vehicle OE, 39% Organizational Transformation ► Moved headquarters to Novi, Mich., and assembled new leadership team Revenue Breakdown (2021A*) Light Truck / SUV / CUV, 37% ▸ Assembled new executive leadership team with significant industry expertise ► Rationalized manufacturing footprint to optimize cost structure and better serve our customers ► Created CTO position and advanced development team leading robust technology roadmap By Geography Asia Pacific 9% South America 8% Europe 32% *Based on adjusted sales as reported in Q4 2021 earnings materials - excludes one-time sale of soot sensor inventory of $2.3M and sales from spot purchase recoveries of $17.6M **Regional adjusted sales based on manufactured location and estimated end-market exposure ***Sales direct to customers North America 51% By Customer* All Others, 51.0% .*** Stoneridge AB Volvo, 9.3% VW Group, 8.6% GM, 3.3% Stellantis, 2.7% Ford, 7.5% PACCAR, 6.2% American Axle, 6.0% Daimler AG, 5.6% 4
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