COMFORT & DRIVING ASSISTANCE SYSTEMS

BUSINESS GROUP PRESIDENT

DRIVING ASSISTANCE SYSTEMS

R&D AND PRODUCT MARKETING DIRECTOR

2

AUTOMATED CAR

CONNECTED CARINTUITIVE CONTROLS

3

FULL ADAS TECHNOLOGIES AND SYSTEM

OFFER FOR AUTOMATED CARS

FULL CONNECTIVITY FROM

SHORT DISTANCE TO CLOUD

NEW USER EXPERIENCE

THROUGH INTUITIVE CONTROLS

4

AUTOMATED CAR

CONNECTED CARINTUITIVE CONTROLS

5

€ BN

% OF SALES

6

SALES

HEADCOUNT

SALES

HEADCOUNT

SALES

HEADCOUNT

SALES

HEADCOUNT

SALES

HEADCOUNT

7

ANNUAL GROWTH OVER

2014 - 2020 PERIOD

EBITDA MARGIN IMPROVEMENT

FROM 14.5% IN 2014 TO

IN 2020

ANNUAL GROWTH FROM

2014 TO 2016

2016 EBITDA

8

9

Source: Valeo

*Strategic products and services that are positioned in growing markets

or generate a significant increase in Group sales

2015 2021

+4%

per year

10

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20262016

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20262016

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Home Zone Parking

Traffic Jam Pilot

B-Road Pilot

Connected Parking

Highway Assist Highway Pilot

Traffic Jam Assist

Robot Taxi

Remote Parking

Robot Truck

FLEET SERVICEPRIVATE OWNERSHIP

PartialAutomation

2

URBAN

PARKING

HIGHWAY

ConditionalAutomation

3 HighAutomation

4 FullAutomation

5

Traditional OEM

New Mobility Player

Traditional OEM

13

(OWNERSHIP) (SERVICE)

WAVE

14

EVERYTHING

LEVEL 4

LEVEL 5

LEVEL 2

LEVEL 3

SOMETHING

LEVEL 4

WAVE

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Date16

WAVE

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17

WAVE

TELEMATICS

ULTRASONICS

RADAR

CAMERAS

LASER SCANNER

18

WAVE

1990 1995 2000 2005 2010 2015

Ultrasonic Park Assist Steering Angle

Sensor for ESC

Mirror-integratedRain Sensor

ProgrammableSensor (ASIC)

LaneVue®Multi-Beam

Radar

ParkVue®

Park4U®

5-Camera System

Cross TrafficAlert

Rain-Light-Humidity

Park4U® 2.0(braking)

FlankGuard

360Vue®

Lane Change Assist

Park4U® with comfort braking

Park4U® 3.0(Map-based)

3-FunctionFront Camera

360Vue® 2.0(Object Det.)

Ethernet Mpix(Object Det.)

Park4U®

Remote

SCALALaser Scanner

Fusion Control Unit

2017

ULTRASONICS

RADAR

CAMERAS

LASER SCANNER

19

WAVE

RAIN

SENSOR

ULTRASONIC

SYSTEMS

SURROUND

CAMERA

FRONT

CAMERA

RADAR

COCOON

LASER

SCANNER

FUSION

CONTROLLERS

SOLID-STATE

LIDAR

20

WAVE

ULTRASONIC

SYSTEMS

SURROUND VIEW

CAMERA

FRONT

CAMERA

RADAR

COCOON

FUSION

CONTROLLERS

LASER

SCANNER

SOLID-STATE

LiDAR

21

WAVE

VALEO SCALA® COCOON

ROTATING MIRROR

ROTATING MIRROR

ENLARGED

FIELD OF VIEW

SOLID-STATE

AWARDED

AWARDED

AWARDED

AWARDED

22

WAVE

Telematics

Ultrasonics

Radar

Cameras

Laser Scanner

23

WAVE

Fusion

Controllers

Surround

Camera

Ultrasonic

SystemsFront

CameraRadar

Cocoon

Laser

Scanner

24

WAVE

Home Zone Parking

Traffic Jam Pilot

B-Road Pilot

Connected Parking

Highway Assist Highway Pilot

Traffic Jam Assist

Robot Taxi

Remote Parking

Robot Truck

PartialAutomation

2 ConditionalAutomation

3 HighAutomation

4 FullAutomation

5

URBAN

PARKING

HIGHWAY

25

WAVE

PARK YOUR CAR

WITH YOUR SMARTPHONE

IN PRODUCTION

HIGH AUTOMATION

IN URBAN ENVIRONMENT

HANDS-OFF DRIVING

ON THE HIGHWAY

USA AND EU TOUR,

24H PÉRIPHÉRIQUE

26

WAVE

Automation in certain situationsDriver remains responsible

Today’s ADAS architecture, upgraded sensor set

Automation in certain situationsDriver doesn’t have to supervise

Centralized architecture, Connected, Redundant Sensing, Driver Monitoring

Automation for an entire tripPotentially driverless

Artificial Intelligence based System,Multi-SOC, Triple redundant cocoon

€16 sensors, control unit

€>20 sensors, control unit,

driver monitoring, telematics

€>30 sensors, control unit (incl. AI),

interior monitoring, telematics

Valeo driving assistance Content per CAR - Based on 2016 products (Price & technology)

27

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20262016

28

WAVE

propose a unique secured Virtual

Key in smartphone

deploy the 1st industrial offer for

car sharing to address Corporate

Fleets and Car Rental

AWARDED

29

WAVE

SOLUTIONS FOR TELEMATICS APPLICATIONS

PLATFORM FOR PROPRIETARY NAD

FAST AND RELIABLE DATA EXCHANGE BETWEEN VEHICLE AND ITS SURROUNDINGS

ECALL (MANDATORY IN THE EU BY 2018)

VALEO PEIKER IN FIGURES

#2WORLDWIDE

14%MARKET SHARE

1,000EMPLOYEES

WORLDWIDE

(INCL. 300 ENGINEERS)

CONNECTIVITY IS KEY FOR AUTONOMOUS DRIVING, VALEO PEIKER

ADDING CRUCIAL BRICKS WITH ITS TECHNOLOGICAL LEADERSHIP

o SOLUTIONS FOR TELEMATICS APPLICATIONS

o PLATFORM FOR PROPRIETARY NAD

o FAST AND RELIABLE DATE EXCHANGE

BETWEEN VEHICLE AND ITS SURROUNDINGS

o ECALL (MANDATORY IN THE EU BY 2018)

SOLUTIONS FOR TELEMATICS APPLICATIONS

PLATFORM FOR PROPRIETARY NAD

FAST AND RELIABLE DATA EXCHANGE BETWEEN VEHICLE AND ITS SURROUNDINGS

ECALL (MANDATORY IN THE EU BY 2018)

VALEO PEIKER IN FIGURES

#2WORLDWIDE

14%MARKET SHARE

1,000EMPLOYEES

WORLDWIDE

(INCL. 300 ENGINEERS)

CONNECTIVITY IS KEY FOR AUTONOMOUS DRIVING, VALEO PEIKER

ADDING CRUCIAL BRICKS WITH ITS TECHNOLOGICAL LEADERSHIP

(INCL. 300

ENGINEERS)

30

WAVE

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20262016

31

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Thermal comfort,

air quality, scents

health care and

well-being

Interior lighting,

wipers

Camera, Human Machine

Interface & Driver Monitoring

32

DROWSINESS, DISTRACTION,

IDENTIFICATION

3D GESTURE, POSTURE

AWARDED

WAVE

AWARDED

33

34

€

Connaught Electronics

€

€

35

€

36

WAVE

37

~€

€

38

Statements contained in this press release, which are not historical fact, constitute "Forward-Looking Statements". These statements include

projections and estimates and their underlying assumptions, statements regarding projects, objectives, intentions and expectations with

respect to future financial results, events, operations, services, product development and potential, and statements regarding future

performance. Even though Valeo's management feels that the Forward-Looking Statements are reasonable as at the date of this press

release, investors are put on notice that the Forward-Looking Statements are subject to numerous factors, risks and uncertainties that are

difficult to predict and generally beyond Valeo's control, which could cause actual results and events to differ materially from those

expressed or projected in the Forward-Looking Statements. Such factors include, among others, the Company’s ability to generate cost

savings or manufacturing efficiencies to offset or exceed contractually or competitively required price reductions. The risks and uncertainties

to which Valeo is exposed mainly comprise the risks resulting from the investigations currently being carried out by the antitrust authorities

as identified in the Registration Document and risks relating to legal action resulting from such investigations, risks which relate to being

a supplier in the automotive industry and to the development of new products and risks due to certain global and regional economic

conditions. Also included are environmental and industrial risks as well as risks and uncertainties described or identified in the public

documents submitted by Valeo to the French financial markets authority (Autorité des marchés financiers – AMF), including those set out

in the “Risk Factors” section of Valeo’s Registration Document registered with the AMF on March 26, 2016 (under no. D.16-0211).

Valeo has recognized an expense of 99 million euros in its consolidated financial statements to cover the main risks resulting from

investigations currently being carried out by the antitrust authorities, as identified in the Registration Document, and risks relating to legal

action resulting from such investigations.

The company assumes no responsibility for any analyses issued by analysts and any other information prepared by third parties which may

be used in this press release. Valeo does not intend or assume any obligation to review or to confirm the estimates of analysts or to update

any Forward-Looking Statements to reflect events or circumstances which occur subsequent to the date of this press release.

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