Investor Presentaiton
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Forward-Looking Statements
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This presentation may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on
management's current outlook, expectations, estimates and projections. Words such as "anticipates," "believes," "continues," "could,” “designed," "effect,"
"estimates," "evaluates," "expects," "forecasts," "goal," "guidance," "initiative," "intends," "may," "outlook," "plans," "potential," "predicts," "project," "pursue,"
"seek," "should," "target," "when," "will," "would," and variations of such words and similar expressions are intended to identify such forward-looking
statements. Further, all statements, other than statements of historical fact contained or incorporated by reference in this presentation that we expect or
anticipate will or may occur in the future regarding our financial position, business strategy and measures to implement that strategy, including changes to
operations, competitive strengths, goals, expansion and growth of our business and operations, plans, references to future success and other such matters,
are forward-looking statements. Accounting estimates, such as those described under the heading "Critical Accounting Policies and Estimates" in Item 7 of
our most recently-filed Annual Report on Form 10-K ("Form 10-K"), are inherently forward-looking. All forward-looking statements are based on assumptions
and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as
other factors we believe are appropriate under the circumstances. Forward-looking statements are not guarantees of performance, and the Company's
actual results may differ materially from those expressed, projected or implied in or by the forward-looking statements.
You should not place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. Forward-looking statements
are subject to risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ
materially from those expressed, projected or implied in or by the forward-looking statements. These risks and uncertainties, among others, include: supply
disruptions impacting us or our customers, such as the current shortage of semiconductor chips that has impacted original equipment manufacturer
("OEM") customers and their suppliers, including us; commodities availability and pricing, and an inability to achieve expected levels of success in additional
commercial negotiations with customers concerning recovery of these costs; competitive challenges from existing and new competitors including OEM
customers; the challenges associated with rapidly changing technologies, particularly as relates to electric vehicles, and our ability to innovate in response;
uncertainties regarding the extent and duration of impacts of matters associated with the COVID-19 pandemic, including additional production disruptions;
the difficulty in forecasting demand for electric vehicles and our electric vehicles revenue growth; potential disruptions in the global economy caused by
Russia's invasion of Ukraine; the ability to identify targets and consummate acquisitions on acceptable terms; failure to realize the expected benefits of
acquisitions on a timely basis; our ability to effect the intended tax-free spin-off of our Fuel Systems and Aftermarket segments into a separate, publicly
traded company on a timely basis or at all; the potential that uncertainty during the pendency of the spin-off transaction could affect our financial
performance; the possibility that the spin-off transaction will not achieve its intended benefits; the failure to promptly and effectively integrate acquired
businesses; the potential for unknown or inestimable liabilities relating to the acquired businesses; our dependence on automotive and truck production,
both of which are highly cyclical and subject to disruptions; our reliance on major OEM customers; fluctuations in interest rates and foreign currency.
exchange rates; our dependence on information systems; the uncertainty of the global economic environment and potential for recessionary conditions in
regional economies; the outcome of existing or any future legal proceedings, including litigation with respect to various claims; future changes in laws and
regulations, including, by way of example, taxes and tariffs, in the countries in which we operate; impacts from any potential future acquisition or disposition
transactions; and the other risks noted in reports that we file with the Securities and Exchange Commission, including Item 1A, "Risk Factors" in our most
recently-filed Form 10-K and/or Quarterly Report on Form 10-Q. We do not undertake any obligation to update or announce publicly any updates to or
revisions to any of the forward-looking statements in this presentation to reflect any change in our expectations or any change in events, conditions,
circumstances, or assumptions underlying the statements.
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