Paris - March 22, 2013

Valeo announced today that it has been certified as one of the Top Employers Europe 2013, for the second year in a row in France, Germany, Hungary, Poland, Italy, Ireland, Romania, Slovakia and Turkey, and for the first time in Spain. Certification is awarded only to organizations that meet the highest standards in human resources management.

With a clear, ambitious strategic vision based on reducing CO2 emissions and expanding geographically in fast growing regions, Valeo has driven a 70% increase in revenue since 2009. "Our human resources management strategy provides powerful support for our corporate vision," says Michel Boulain, Group Senior Vice President, Human Resources. "It addresses, in a balanced manner, the needs of the company and the expectations of employees at every level. It is at once global and aligned with both cultural differences and local practices. The Human Resources Department is therefore very involved in fostering the Group's expansion by hiring and training people and by assisting managers in motivating their teams around the world and ensuring their well-being."

Valeo has been recognized for its effective human resources management practices, based on such aspects as the ability to attract and develop talent, compensation and benefits, training and skills development, working conditions and corporate culture. This year's certification particularly underscored Valeo's benefits and working conditions policies, its very dynamic training and development commitment (more than 80% of employees are trained every year) and its particularly effective talent and development policies, designed to fill at least 75% of positions from within.

With 72,600 employees covering 96 different nationalities in 29 countries, another Valeo hallmark is its active diversity policy, which is designed to watch over environment country by country.

Valeo has also strengthened its Well-Being at Work program launched in 2010 to enhance work-life balance. An action plan is now being deployed in every country.

However, Valeo's cornerstone remains its corporate culture based on operational excellence and the 5 Axes methodology, which has been embraced, applied and recognized by manufacturers around the world.

Note that only four French companies, including Valeo, have been awarded European certification as an excellent employer.

The Top Employer label is awarded by the CRF Institute, a specialized institute that identifies and certifies organizations that offer employees outstanding human resources policies.
About the CRF Institute: Present in 12 countries, the CRF Institute has been identifying and certifying employers of choice for the past 20 years through its Top Employers label. More than 2,500 organizations have been certified by the CRF Institute as part of 135 international projects.

Valeo is an independent industrial Group fully focused on the design, production and sale of components, integrated systems and modules for the automotive industry, mainly for CO2 emissions reduction. Valeo ranks among the world's top automotive suppliers. The Group employs 72,600 people in 29 countries, at 125 plants, 21 research centers, 40 development centers and 12 distribution platforms.

For more information, please contact:

Media Relations    
Michelle Pierson: +33 1 40 55 21 75 / +33 6 70 75 84 44
Aurélie Wayser Langevin: +33 1 40 55 37 18 / + 33 6 22 74 19 82

For more information about the Group and its businesses, please visit www.valeo.com

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