Faurecia : honored with Volkswagen Group Award 2016

Nanterre, June 6, 2016

Volkswagen Group has awarded Faurecia its "Group Award 2016". With this award, the company annually honors its best suppliers worldwide. On June 1, in Berlin, 240 guests attended the ceremony where the 21 best suppliers were awarded based on their overall business performance during the previous year.

The 2016 award was presented to Yann Delabrière, Chairman and CEO of Faurecia in Berlin, Germany by Matthias Müller, Chairman of the Board of Management of Volkswagen AG, and Dr. Francisco Javier Garcia Sanz, Member of the Board of Management in charge of Procurement.

This award is the second major appointment by Volkswagen Group this year. Recently, Faurecia was honored as FAST (Future Automotive Supply Tracks) strategic partner for all-three of its activities. Since the nomination of its Automotive Seating and Interior Systems activities in 2015, Faurecia Emissions Control Technologies was added to the partnership this year.

"In the new world of mobility, what counts is speed and flexibility, an innovative spirit and entrepreneurial courage, working in knowledge networks that do not stop at Group or industry boundaries. That is why we are opening up to new collaborations, and we are making cooperation with our existing partners more intensive, more highly innovative and more efficient", said Matthias Müller.

"Faurecia teams worldwide are honored to yet again receive this prestigious distinction from Volkswagen Group, our first customer worldwide. As a recognized Volkswagen FAST supplier, Faurecia is committed to delivering outstanding industrial performance and the full-power of its innovation teams for future vehicles. We will continue to work in close partnership with Volkswagen Group brands on a global scale in the fields of sustainable mobility and the cockpit of the future", stated Yann Delabrière.

Decisive factors for the Volkswagen Group Award were in particular Faurecia's competitive proposals as well as the development of innovative and exclusive interior and seating solutions. The award witnessed again the successful cooperation between Faurecia and Volkswagen Group.

With around 23% of Faurecia 2015 sales with Audi, Porsche, Seat, Škoda, Volkswagen and other brands of the Group, the Volkswagen Group remains the world's most important customer of Faurecia.

Faurecia was first honoured with the Volkswagen Group Award in 2010.

Faurecia is one of the world's largest automotive equipment suppliers, with four key Business Groups: Automotive Seating, Emissions Control Technologies, Interior Systems and Automotive Exteriors. In 2015, the Group posted total sales of €20.7 billion. At December 31, 2015, Faurecia employed 103,000 people in 34 countries at 330 sites and 30 R&D centers. Faurecia is listed on the NYSE Euronext Paris stock exchange and trades in the U.S. over-the-counter (OTC) market. For more information, visit www.faurecia.com