BorgWarner : Surpass Sun Electric Announcement Presentation

September 2022

BorgWarner to Acquire Charging Business of Hubei Surpass Sun Electric (SSE)

Forward-Looking Statements

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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; 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; failure to realize the expected benefits of this or other acquisitions on a timely basis; the failure to promptly and effectively integrate this or other acquired businesses; the ability to identify targets and consummate acquisitions on acceptable terms; the potential for unknown or inestimable liabilities relating to the acquired businesses; the uncertainty of the global economic environment and potential for recessionary conditions in regional economies; 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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Acquisition of SSE Continues Expansion of DC Fast Charging Opportunities

BorgWarner to accelerate charging capabilities, leveraging the local knowledge and footprint of

SSE, Rhombus Energy Solutions and BorgWarner's pre-existing business

• Focuses on high-value DC fast-charging (DCFC) hardware, enabling software and services
• Adds China regional presence
• Complements existing BorgWarner European and North American charging footprint to accelerate organic growth
• Leverages BorgWarner's global strength and regional capabilities
• • Global strength across product quality, engineering, supply chain and manufacturing
  • Potential sales synergies with battery system customers
  • Regional sales capabilities and government interaction

Estimated Revenue ($ in Millions)

SSE
Rhombus Energy
$225 to $275
Solutions
BorgWarner

~$10

BorgWarner FY 2022	2025
Impact	Beyond 2025

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SSE Overview

Company Snapshot

SSE offers electric vehicle charging solutions to the commercial vehicle, off- highway and passenger car segments, including the design and manufacture of DC fast chargers, AC chargers, as well as engineering, procurement and construction (EPC) services

Key Facts

HQ: Xiangyang, China
Founded: 1997	HQ, R&D & Manufacturing

Customers: FAW-Toyota, Geely, BYD, LiuGong, Golden Dragon, Beijing Daxing & Shanghai Pudong Airports & others

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Key Products & Services

DC and AC	Multi-vehicle	Charging site integration
(chargers, solar and energy
chargers	fast-chargers
storage)

Milestones Achieved

	70+		250+		50,000+
Countries with	EPC Charging sites	Charging points
products or		delivered
constructed
	projects

Complimentary Product Functionality &

Markets Served	Available
	Under Development

Product Portfolio		Market Segment Focus

Power

Rating

Charger	500 kW
150 to
	350 kW
Fast	100 to
150 kW
DC	<100 kW

		Rhombus					Rhombus
BorgWarner		Energy		SSE		BorgWarner	Energy	SSE
		Solutions					Solutions
					Segment	EU focus	N.A. focus	China focus

Passenger

Car

Commercial

Vehicle

Off

Highway

BorgWarner has expertise and design capabilities for a significant portion of

bill of material, with opportunities for cost and quality improvement

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