FAURECIA LAUNCHES ITS TENDER OFFER ON CLARION TO BECOME A GLOBAL LEADER IN COCKPIT ELECTRONICS SYSTEMS

Nanterre (France), January 29, 2019

Faurecia LAUNCHES ITS TENDER OFFER ON CLARION
to become a global leader in cockpit electronics systems

As per the announcement made on October 26^th, 2018, following clearance from relevant antitrust authorities, Faurecia today announced that it will launch its tender offer for the acquisition of all shares of Clarion Co, Ltd, listed on the Tokyo Stock Exchange, tomorrow, January 30, 2019.

The Clarion shareholders will be offered to tender their shares by February 28, 2019 at a price of 2,500 yens per Clarion share.

The board of Clarion fully supports Faurecia's tender offer and recommends its shareholders to tender their shares to Faurecia's offer. Pursuant to the agreement signed on October 26, 2018, Hitachi committed to tender all of its shares, representing 63.8% of the share capital of Clarion, to Faurecia's offer.

Faurecia intends to implement a squeeze-out procedure to acquire all the remaining shares of Clarion, to the extent needed after the tender offer process.

With the acquisition of Clarion, Faurecia intends to create a new Business Group headquartered in Japan, named "Faurecia Clarion Electronics" regrouping Clarion, Parrot Faurecia Automotive and Coagent Electronics. This Business Group would employ almost 9,200 people and more than 1,650 software engineers.

With this strategic and complementary acquisition in terms of technology offer, geographic presence and customer portfolios, Faurecia is positioned as a leading player for cockpit systems integration, able to offer unique user experiences.

Contacts

Media Eric Fohlen-Weill Head of Corporate Communications Tel: [phone] [e-mail]

Analysts/Investors Marc Maillet Vice-President Investor Relations Tel: [phone] [e-mail]

About Faurecia
Founded in 1997, Faurecia has grown to become a major player in the global automotive industry. With 290 sites including 30 R&D centers and 109,000 employees in 35 countries, Faurecia is now a global leader in its three areas of business: automotive seating, interior systems and clean mobility. Faurecia has focused its technology strategy on providing solutions for the cockpit of the future and sustainable mobility.  In 2017, the Group posted total sales of €17.0 billion. Faurecia is listed on the Euronext Paris stock exchange and is a component of the CAC Next 20 index. For more information, please visit www.faurecia.com