J.P. Morgan 2016 Auto Conference

Mutually Beneficial China JV Partnerships One Partner Brings: > Technology > Products Other Partner Brings: > Market access > Local knowledge > System, process, global exposure > Local connection Past China JV Relationship > JCI: Provided technology and products as well as management and manufacturing system Our partners: (e.g., FAW, SAIC/YF) opened its markets and persuaded its' OEMs to choose JCI JVs as the main seating supplier New China JV relationship > Adient: Bring strong value through Global Sourcing or open up selected markets (which are typically un-served or under-served by JCI in the past) > Our partners: (e.g. FAW, SAIC/YF) Contribute by providing low-cost product/solution; local relationships 20

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