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WABCO Confidential and Proprietary 2018 CORPORATE OVERVIEW
CORPORATE PRESENTATION 2018
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WABCO Confidential and Proprietary 2018 CORPORATE OVERVIEW
ABOUT WABCO
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
ABOUT WABCO: THE INDUSTRY’S TECHNOLOGY INNOVATOR In 2017:
$3.3B Annual revenues
~15,000 Employees in 40 countries
No.1 in all BRIC markets
383 Patents granted
2,900 Service Partners
2,600 Engineers worldwide
$465m Performance EBIT (14.1% Margin)
57% 24%
9%
4% 6% SALES BY CUSTOMER TYPE
OE Truck & Bus AftermarketTrailer Off-HighwayCar
52% 18%
26%
3% 1% SALES BY REGION
Europe North America Asia S.America Other
15 during the last 5 years
Industry technology firsts introduced
10 NYSE listing
Years 27 Factories
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
A STRONG AND RELIABLE PARTNER • Nearly 150 years heritage
• Listed on the NYSE; spun off from American Standard in2007
• Highly respected on Wall Street for consistent performance… growth based on innovation leadership and adherence todifferentiating strategies globally
• Strong balance sheet and cash position for investment tosupport customers’ global needs
• Returned $1.9 billion in cash to shareowners since 2007 viashare buy-back program
0
25
50
75
100
125
150
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
WBC STOCK EVOLUTION ~$143.5
$48
Ranked WABCO among “the best of the best” companies; listed as “America’s Best-Managed Capital Goods Company”
WABCO and its CEO, Jacques Esculier, recognized by the investment community in the 2018 All-America Executive Team
survey for the sixth consecutive year
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
A RICH PORTFOLIO OF TECHNOLOGIES X%
EBS & ESC Air Brake Valves
ABS
BRAKING CONTROL
AS PERCENTAGE OF WABCO 2017 SALES
35%
Air Processing
Air Management Systems
19%
Compressors
Suspension Control
6% Car Products
6%
Wheel End
12%
Digital Services
3%
Transmission Automation
12%
Steering Control
1% Electronic Controls & Monitoring Systems
6%
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
OUR VALUE CREATION PROPOSITION We apply advanced technology and services to support commercial vehicle OEM and fleet needs
GLOBAL CAPABILITIES • Global platforms• Connected R&D network• Frugal engineering• Localization• Integrated supply chain
SAFETY • Braking systems• Active steering• Stability control• Collision mitigation systems• Accident prevention• Autonomous driving
CONNECTIVITY • Advanced systems integration• Fleet Management Systems• Remote diagnostics• V2X communications
• Big data
EFFICIENCY • Fuel efficiency• Aerodynamics• Emissions reduction• Weight reduction• Maintenance costs• Vehicle and driver performance
monitoring
OEMs
Fleets
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
A BROAD MARKET FOCUS GLOBALLY
Ashok Leyland, CNHTC, Cummins, Daewoo, DAIMLER, Dongfeng, FAW, Fiat, Foton, GAZ, HINO Motors, Hyundai, Isuzu, KAMAZ, Kinglong, MAN, PACCAR, SCANIA, TATA Motors, Volvo, Yutong, ZF among others.
TRUCK & BUS
CIMC, Faccini, Guerra, GREAT DANE, Kögel KRONE, SCHMITZ Cargobull, Tirsan, Tonar WABASH, Weilton among others.
TRAILER
AGCO, BEML, Caterpillar, Claas, CNH , Hitachi, Hyundai CE, John Deere, Komatsu, Liebherr, Liugong, SANY, Tandano, Volvo CE, XCMG, ZOOMLION among others.
OFF-HIGHWAY
AUDI, BMW, Changan, FCA, General Motors, Mercedes –Benz, Porsche, SAIC, TESLA, Volvo, VW among others.
CAR
Supporting distributors, workshops and fleets over vehicle lifetime thanks to: • Global distribution & service
network• Comprehensive aftermarket
portfolio• Fleet Management
Solutions• Digital Services• WABCO Academy
FLEETS
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
WABCO’S SUCCESS IS ROOTED IN OUR CULTURE Sustaining differentiation throughout a highly diversified, passionately engaged and continuously learning global team
CHANNELLED THROUGH WELL ANCHORED CORE STRATEGIES
• ANTICIPATION: Reading economic and industrydynamics ahead of the curve
• CREATIVITY: First to market with new technologies
• EXCELLENCE: Leveraging early globalization and anindustry-leading Lean Operating System
POWERED BY PASSION
Continuously applying innovation across ourcustomers’ value chain and vehicle life cycle
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WABCO Confidential and Proprietary 2018 CORPORATE OVERVIEW
SUSTAINING DIFFERENTIATION THROUGH TECHNOLOGY LEADERSHIP
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
THE INDUSTRY’S LEADING INNOVATOR IN OUR SECTOR
2009 to
2010
2011 to
2014
2015 to
2017
2004 to
2008
1996 to
2003
1980’s to
1995
Anti-Lock Braking System (ABS)
Traction Control System
Pneumatic Transmission Automation System
Electronically Controlled Air Suspension (ECAS)
RSSplusTM Roll Mitigation System
OnGuardTM Collision Mitigation System
Hydraulic Transmission Automation System
d-compTM Dual Stage Compressor
New Generation Air Disc Brake
Air System Protector
Trailer EBS-E
c-compTM Clutch Compressor
Trailer OptiLoadTM
ESCsmartTM Simulation System
Trailer OptiTurnTM
OnLaneTM - Lane Departure Warning System
MAXXUSTM Air Disc Brake
OptiFlowTM SideWings
EBS for Hybrid Drivelines
New Generation Automated Manual Transmission
Improved Integrated Vehicle Tire Monitoring (IVTM TM)
Modular EBS
mBSP TM Modular Braking Platform
EC-APU Air System Protector
MAXX22TTM Air Disc Brake
OptiPaceTM
OnGuardACTIVETM
Electronic Stability Control (ESC) for Hydraulic Braking
Trailer EBS
Electronic Braking System (EBS)
Roll Stability Support (RSS) for Trailers
Integrated Vehicle Tire Monitoring (IVTM TM)
ECAS for automotive
Electronic Stability Control (ESC)
Adaptive Cruise Control
OnGuardMAXTM
Autonomous Emergency Braking System
h-compTM High Output Compressor
OptiDriveTM Transmission Automation System
Trailer Telematics
Air Disc Brake MAXXTM22
Trailer Remote Control
TrailerGUARDTM Telematics
OnGuardPLUSTM Advanced Emergency Braking System
TailGUARDTM Rear Blind Spot Detection
e-compTM Electrically Driven Compressor
FuelGuardTM Electronic Air Processing Unit
OnCityTM
OnGuardMaxTM
OnHandTM
WABCO Communications Unit
OptiFlowTM AutoTail
OnLaneASSIST™
OnSide
OptiLock
OptiLink
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Evasive Maneuver Assist
WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
ANTICIPATING THE EVOLUTION OF OUR INDUSTRY
Exponential Growth of New Technologies
Increasingly Complex
Customer Needs
Regulatory Push for Greener
Environment
Population Growth, Urbanization &
Smart infrastructure
Mega Trends
Urban / Suburban Transportation
Long Haul Transportation
Off-Highway Application
Commercial Transportation Requirements
Segmentation of Commercial Vehicles
Impact on Commercial Vehicles Requirements
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
WABCO BLUEPRINT FOR AUTONOMOUS DRIVING
Predictive control: - Predicts traffic situation - Learns behaviors - Defines system reaction - 100ms cycle
Reactive Control: - Measures vehicle situation - Safety critical - 5ms cycle
360° SENSING
CONNECT
Fail Safe Vehicle Architecture
Dynamic Motion Control
Braking system
Vehicle Sensors
Stability Control
AMT
Active Steering
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
TECHNOLOGY TO ADVANCE VEHICLE SAFETY AND AUTONOMOUS DRIVING
Stop’n’Go Assist Platooning
Collision Avoidance Collision Mitigation
Active Steering
Blin
d Sp
ot
Mon
itorin
g
Driver Behavior Monitoring
Active Braking Electronic Stability Control
Vulnerable Road User Protection
mBSP™ MAXX™ AMT
SYSTEMS INTEGRATION
We have a solid roadmap identified towards a vision for zero accidents and automated vehicles
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
TECHNOLOGY TO ADVANCE VEHICLE EFFICIENCY
A vehicle equipped with all WABCO efficiency technologies can increase fuel economy up to 20%
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
DRIVING VEHICLE EFFICIENCY & SUSTAINABILITY
Trailer Aerodynamics
Electronically Controlled Air
Suspension Automated
Manual Transmission
Hybrid EBS Clutch Compressor Air Processing
Unit
Lightweight Air Disc Brakes
High Output Compressor with
Alu-Crankcase
Fuel Efficiency
Weight Reduction
Energy Recuperation
Electric Vehicles
Electronic -APU
Electrically Driven Compressor or compressed air
replacement
Electro Mechanical
Brake
EBS Brake Control
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
CONNECTIVITY: MOBILIZING VEHICLE INTELLIGENCE WABCO uniquely offers insights on truck, trailer and driver performance
Platooning (V2V)
Provide a Broad Spectrum of Vehicle Systems Data
Other Data Providers
Big Data & Analytics
V2X
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
DELIVERING FLEET CRITICAL DATA AND ACTIONABLE INFORMATION TO ONE SINGLE PLATFORM
WABCO ITP
Cost management & efficiency
Compliance
ECO
Satisfaction
Supply chain visibility
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Safety & security
Maintenance & repair
WABCO Service network
WABCO Academy
REMOTE DOOR LOCK
REMOTE TRAILER DIAGNOSTICS REMOTE
TRUCK DIAGNOSTICS
OPTITIRE EBS BRAKE WEAR
CARGO
TX-TRAILERGUARD TX-SKY
TX-FLEX
TX-CONNECT
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WABCO Confidential and Proprietary 2018 CORPORATE OVERVIEW
SUSTAINING DIFFERENTIATION THROUGH GLOBALIZATION
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
DIFFERENTIATION THROUGH GLOBALIZATION
INDIA Chennai Mahindra World City Jamshedpur Lucknow Pantnagar Pune
THAILAND Rayong
SOUTH KOREA Pyungtaek
CHINA Jinan Qingdao Taishan Shanghai
UNITED KINGDOM Leeds
GERMANY Gronau Hannover Mannheim
JAPAN Tokyo
RUSSIA Moscow POLAND
Wroclaw Stanowice
BELGIUM Brussels Ieper
MEXICO Empalme, Sonora San Luis Potosi
BRAZIL Campinas S.P.
UNITED STATES OF AMERICA Rochester Hills, MI Troy, MI North Charleston, SC Hebron, KY North Mankato, MN Hanover, PA Wytheville, VA
Global Headquarters
Global network of development, manufacturing and distribution operations
CANADA Oakville, ON
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
GLOBALIZATION: A PILLAR OF WABCO’S DIFFERERENTIATION
• Uniquely able to supply truck, busand trailer technologies across theglobe
• All regions managed by well- established local teams
• Optimized cost structureleverages mature, fully integratedglobal engineering and supplychain presence in all markets
• Differentiating aftermarket servicenetwork and products
of WABCO’s engineers located in best-cost countries55%
of WABCO’s workforce is located in emerging markets67%
manufacturing sites around the globe: benchmarks for lean manufacturing standards
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in all BRIC markets
Resources, connectivity and capabilities to
cost-efficiently support
growth strategies in every market
WABCO’s service and technical support
115 2900 4500
Countries Service Partners Distributors
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In 2017, WABCO won 25 major awards from
customers 25 10
nationalities in WABCO's senior executive team
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
Skilled Application Engineers in all key regions provide excellent customer connectivity and support Broad System &
Vehicle Expertise
THE DNA OF OUR INNOVATION LEADERSHIP A Globally Integrated Product Development Team
Frugal Engineering Expertise - able to create pull for new technologies and mature products in increasingly price sensitive markets
- Delivers Advanced Technologies at Best Cost
Best Solution
Advanced Development
Frugal Engineering
Rich Software Expertise
Strength in Technology & Innovation
Advanced Development Organization seeds innovation, leads technology screening and concept validation for rapid protoyping
* As of December 2017
>30%
>380 Patents granted*
Increase in R&D investment
>900 Products released*
100% Increase in number of engineers
During the last decade:
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On an annual basis:
WABCO Confidential and Proprietary 2018 CORPORATE OVERVIEW
SUSTAINING DIFFERENTIATION THROUGH EXCELLENCE IN EXECUTION
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
EXCELLENCE IN EXECUTION
WABCO Operating System (WOS) The WOS defines WABCO’s unique culture and powers us to sustain differentiation in quality,
performance and service to customers
• Built on a backbone of Six Sigma Lean o Rigorous management environment across global operations o Standardized processes embedded within advanced quality management systems
• Efficient and agile organization of resources in every region • Drives continuous productivity within the design – build – deliver value chain • Learning culture and individual empowerment to continuously advance quality • Passion to drive excellence in execution as a differentiator for customers
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WABCO Confidential and Proprietary 2018 CORPORATE OVERVIEW
ABOUT WABCO AFTERMARKET
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
WABCO AFTERMARKET: CREATING THE HIGHEST BRAND LOYALTY
>27,000 Diagnostics subscribers Leading penetration
KNOW WABCO
2,900 Service partners Industry benchmark
REACH WABCO
4,500 Distributors Worldwide availability
14 Distribution centers worldwide Best Customer Proximity
GET WABCO
>170,000 Trained mechanics Largest trained community
TRUST
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WABCO Confidential and Proprietary 2018 CORPORATE PRESENTATION FINAL
THE INDUSTRY’S MOST COMPREHENSIVE AFTERMARKET PORTFOLIO
Delivering differentiated products for every vehicle in every market
Competitive at OE quality
ORIGINAL REPAIR KITS PROVIA REMAN
OE choice premium brand
Trusted original budget
parts
Enabling quality repairs
RETROFIT SOLUTIONS
WORKSHOP SOLUTIONS
Improving fleet safety & efficiency
Delivering smart productivity tools
Continuously expanding our segment
Distributors Workshops
Fleets
OES Drivers
Anchored to the fleet eco-system
WABCO Confidential and Proprietary 28
THANK YOU
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