Press release

Seoul, May 19, 2017

FAURECIA INAUGURATES NEW SOUTH KOREA HQ AND TECHNICAL CENTER

Faurecia, one of the world's largest automotive equipment suppliers, today inaugurated its new South Korea headquarters and technical Center in Seoul, Gyeonggi-do Province, in the presence of Mr. Gyeong-pil Nam, Governor of Gyeonggi-do Province and Mr. Patrick Koller, Chief Executive Officer of Faurecia.

At the inauguration ceremony, Patrick Koller said "Today's event marks an important milestone in Faurecia's history in South Korea which began in 2003. It is essential for us to install all of our business Groups and technical competencies in Korea in this state-of-art facility to be close to our customers. Especially, we value very much our relationship with HKMC which we consider as a strategic customer."

Faurecia invested around 28 million Euros to integrate its three Business Groups (Clean Mobilty, Seating, and Interiors), a testing and prototype center as well as an exhibition center in this 8,075 square meters building.

Mr. Seung-kyu Lee, President of Faurecia Korea added "Since 2003, Faurecia has grown rapidly in Korea. We now have three production facilities as well as this new center and employ almost one thousand people. Through the development of advanced technologies for the Korean market, such as the Exhaust Heat Recovery System recently launched on the Hyundai Ioniq, Faurecia will continue to grow and expects to reach almost half a billion euros of sales in 2020."

After the dedication ceremony, Faurecia Korea, 15 business partners and Gyeonggi-do Province signed an agreement for an ethically cooperative relationship.

Faurecia Korea produces clean mobility systems, seat frames, seat mechanisms and center consoles for Hyundai-Kia, Renault-Samsung Motor, and GM Korea. The Group employs almost

1 000 employs and has three production sites in Korea in Jangan(1) and Youngcheon(2). Faurecia Korea sales revenue was 330 million Euros in 2016.

Press contacts: Faurecia Group

Head of media relations Eric Fohlen-Weill

Tel : 00.33.6.81.07.91.02

E-Mail : eric.fohlen-weill@faurecia.com

About Faurecia

Founded in 1997, Faurecia has grown to become a major player in the global automotive industry. With 330 sites including 30 R&D centers in 34 countries around the world, Faurecia is now a global leader in its three areas of business: automotive seating, interior systems and clean mobility. Faurecia is the world's number one supplier of seat frames and mechanisms, emissions control technologies and vehicle interiors. The Group is also the world's third-largest supplier of complete seat systems. In 2016, the Group posted total sales of €18.7 billion. At December 31, 2016, Faurecia employed 100 000 people in 35 countries at 300 sites including 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

Faurecia SA published this content on 23 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 May 2017 18:00:22 UTC.

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