Founded in 1986, Hanon Systems is a global leader specializing in automotive thermal and energy management solutions. The company supplies a full line of products and systems for automotive thermal applications including heating ventilation and air conditioning; powertrain cooling; compressors; fluid transport; and thermal and emissions solutions for conventional, electric, hybrid, fuel cell and autonomous vehicles.

Today, the company is a trusted global partner of innovative eco-friendly and high-efficiency thermal and energy management automotive solutions that are designed to bring value to customers and deliver occupant comfort. Its innovative product portfolio is delivered by a talented workforce equipped with diverse skillsets, technical expertise and a deep understanding of regulations and future trends.

02 Vision, Strategy and Values

03 History and Awards

04 Innovation and Technology

06 Key Product Lines 08 HVAC

10 Powertrain Cooling

12 Compressor

14 Fluid Transport

16 Thermal and Emissions

18 Hybrid and Electric Vehicle Thermal Solutions

20 Fuel Cell Vehicle Technologies

22 Global Manufacturing Network

24 Reliability and Evaluation

26 Sustainable Value Creator

28 Product Portfolio

02 03

Strategy

People are the strength of our company

Employees

Superior execution delivers profitable

growth

Shareholders

Success is driven by customer satisfaction.

CustomersValues

Expedite Innovative

TechnologyAccelerate

GrowthDrive Enterprise

Excellence

Hanon Systems creates value for automakers in its endless commitment to delivering innovation and striving for excellence. Through its differentiated product portfolio, abundant experience and business acumen, Hanon Systems is focused on strengthening its position as a leader in innovative thermal and energy management solutions in the global automotive market.

VISIon, STrATEGy AnD VALuES

1986 Established as Halla Climate Control Corp., a joint venture between Ford Motor Co. and Mando Machinery Corp.

1989 Established its first R&D center in Daejeon, Korea

1989 Launched Canada operations; first manufacturing site outside of Korea

1998 Visteon Corp. becomes major shareholder

2010 Acquired New Excellent Technology (NET) certification for high voltage PTC heater for electric vehicles

2004 Selected by Forbes as “Best under a Billion” three years in a row

2002 Named “Supplier of the Year” by Hyundai Motor Group

1997 Named “Supplier of the Year” by General Motors

Vision Leader in Innovative Thermal and Energy Management Solutions

2011 Awarded “Grand Prize of Green Company” by Korean Ministry of Environment

2014 Acquired thermal and emissions business from Cooper Standard

2015 Changed major shareholder to Hahn & Co. Auto Holdings

2013 Integrated its business with Visteon’s climate operations

2013 Received Automotive News PACE Award for metal seal fitting

2015 Received IR52 Jang Young-Shil Award for high-efficiency heat pump system for electric vehicles

2016 Opened climatic wind tunnel in Korea

2016 Listed on Forbes Asia 2016 Fabulous 50 list of top companies in Asia-Pacific

2016 Opened China engineering center in Shanghai

2017 Received IR52 Jang Young-Shil Award for water-air cooled condenser

HISTory AnD AwArDS

2007 Received Automotive News PACE Award for wavy blade fan

04 05

ControlledSolution

ConnectedSolution

IntegratedSolution

optimizedSolution

InnoVATIon AnD TECHnoLoGy

As global legislation becomes more stringent in terms of fuel economy and emissions, automakers are looking for ways to address these demands by downsizing engines; adding turbochargers for power and exhaust gas recovery systems to reduce tailpipe emissions; and introducing alternative powertrains such as electric, hybrid electric and fuel cell architectures.

Hanon Systems is well-positioned to serve its customers. The company is committed to delivering automotive solutions that address government, consumer and industry trends through connected, integrated, controlled and optimized designs that meet the individual needs of automakers in the development of the next generation vehicles.

With its deep technical expertise and a suite of solutions to respond to the changing demands of the fast-paced automotive industry, the company is continuously expanding its scope of product innovation to reinforce mechatronics and e-mobility solutions that are designed to deliver even greater value to automakers and lead the technology of tomorrow.

Hanon Systems provides its customers with connected, optimized, integrated and controlled solutions

InnoVATIVE THErmAL AnD EnErGy mAnAGEmEnT SoLuTIonS

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· Full Vehicle Systems for A/C and Powertrain Cooling· r134a, r1234yf, r445A & r744 refrigerants· Heat Pump System· Battery Thermal management· Fuel Cell Thermal Systems

SySTEmS

The automobile is a highly-sophisticated machine and the rate of change in today’s vehicles is accelerating as more electrical and electronic componentry is introduced. As experts in the field of automotive thermal management, Hanon Systems plays an important role in the supply of solutions that not only deliver cabin comfort and enhance powertrain efficiency, but also can maintain optimal operating temperatures for these devices.

KEy ProDuCT LInES

08 09

Heating, Ventilation and Air Conditioning

HVAC module: Components•EvaporatorCore•HeaterCore•Optional:Ionizer,CO2 Sensor and Fragrance Module•Controlheadintegratedtoasystemfor traditional A/C or heat pump architectures

The HVAC module is the central air distribution component in an automobile’s air conditioning system. It takes filtered outside air and controls the airflow rate, air temperature and humidity. By delivering this conditioned air to outlets, the module is able to rapidly cool, heat and dehumidify the vehicle’s cabin environment. To address

the demands of today’s marketplace, Hanon Systems applies its long history of HVAC design and manufacturing to offer a suite of solutions that satisfies an increasing range of requirements by global automakers to optimize performance, improve fuel efficiency and deliver the occupant’s sense of comfort and cleanliness.

Triple Zone HVACHanon Systems’ award-winning triple-zone HVAC is a single module that enables vehicle occupants to independently control the temperature, direction and strengthofairflowintheirimmediateproximityinorderto create an individualized cabin comfort experience for the driver, front seat and rear passengers. Its unique and compact design reduces overall weight and material cost by up to 18 percent compared to other multi-zone solutions, and improves packaging in the engine compartment to enable more available space in the vehicle cabin.

Flat HVACDesigned to make the best use of space in the engine compartment, this revolutionary design can be placedinthefloorpanel,underseatsoratthesideof the vehicle. By completely re-designing the HVAC form, vehicle designers can now explore new ways to create additional space in the vehicle cabin to create a more comfortable experience for passengers.

Sliding Door HVACThis innovative solution reduces the overall size and weight of the HVAC by integrating multiple revolving doors that control the temperature and direction. By reducing the HVAC installation space, a larger buffer space can be created to enhance the frontal crush zone improving safety in the event of vehicle impact.

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It is important to effectively control engine temperature to enhance the operability and efficiency of vehicles, and the powertrain cooling system serves three important functions. These consist of maintaining an optimal temperature of the engine for long life and efficient operation;

removing excess heat from sources that generate heat; or by bringing the air/fuel charge to an optimal operating condition to improve fuel efficiency and performance. Hanon Systems offers a wide range of powertrain cooling solutions designed to support virtually all automotive applications.

Cooling moduleMounted to the front of the engine, the cooling module is a single unit that can consist of a radiator, condenser, fan and shroud, and charge air cooler. The radiator uses external air to provide the engine with coolant, while the condenser uses air cooling to reduce the high temperature and pressurized refrigerant it receives from the A/C compressor. A fan and shroud is combined with the radiator and condenser, and is used at low speeds to force air across these two aluminum heat exchangers. When coupled with Hanon Systems’ Automotive News PACE Award winning wavy blade fan design,thecoolingmodulecanmaximizeairflowandreduce operational noise.

Charge Air CoolersIn the case of diesel engines, the cooling module also can contain a charge air cooler that allows more fuel to be provided in the same air volume. Hanon also has extensive experience using engine-mounted or manifold-inserted water charge air coolers to deliver the same engine downsizing opportunity. When a water charge air coolers is applied, the coolant used to increase the density of the air/fuel mixture can be exchanged with a low temperature radiator as part of the cooling module or mounted separately in the wheel arches, as an example.

Transmission SolutionsIn an effort to minimize energy build-up in transmissions, Hanon Systems offers a collection of air/oil and water/oil solutions to reduce the size of main radiators and deliver longer life to both oil and transmissions alike.

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The compressor is a critical component of a vehicle’s air conditioning system, which pressurizes and circulates refrigerant at a high temperature and pressure to the condenser. Hanon Systems has decades of experience developing and

manufacturing compressors for the automotive industry. With a portfolio of three distinct types of eco-friendly and highly-efficient compressors – variable, electric and fixed rotary suction – the company is uniquely positioned to support nearly any vehicle application.

Variable Swashplate Compressor (HV)Hanon Systems offers a modular family of variable swashplate compressors in a full range of displacements in clutched and clutch-less designs. The architecture utilizes a common piston and shaft, as well as a variety ofenhanceddesignfeaturestoimproveefficiency,capacity and noise, vibration and harshness (NVH).

Electric Compressor (HES)The electric compressor features a durable scroll design controlled by an on-board electric motor and integrated power electronics. Designed for electric and hybrid electric (EV/HEV) vehicle, and heat pump applications, the electric compressor operates independently, enabling the cabin to be cooled even when the engine is off.

Fixed rotary Suction Compressor (HrS)Arotarysuctioncompressorhasafixeddisplacementswashplate design that draws refrigerant through the center shaft and delivers better fuel economy by creating less suction loss compared to a traditional suction valve. The solution from Hanon Systems is offered in a wide range of displacements and features designedtoimprovecoefficientofperformance(COP)and reliability.

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Hanon Systems is an expert in handling various automotive refrigerants – includingCO2 (R744) – and is global leader in fluid transport solutions. The company offers a complete portfolio of refrigerant lines; coolant (water /glycol) lines; transmission oil cooler lines; accumulators and combined accumulators with internal heatexchangersforCO2; receiver driers; internal heat exchangers (IHX); and associated metal seal fittings.

Internal Heat Exchanger (IHX)This innovative coaxial tube design integrates in the refrigerant circuit for enhanced system performance, coolingcapacityandefficiency.TheIHXreplacespartof the suction and liquid A/C lines to exchange energy inacounter-flowarrangementwithadesignandarchitecture that minimizes initial pressure drop and pressure drop deterioration after bending.

metal Seal FittingThispatentedfluidtransportfittingstopsrefrigerantfromleaking into the environment at the source. By design, theHanonSystemsmetalsealfittingincorporatesametal-to-metal primary seal and a rubber secondary seal that delivers zero (no detectable) leakage, makingitmoredurablethananelastomerO-ringseal.This innovative technology received the prestigious Automotive News PACE Award in 2013 for superior innovation in the product category. Using the same conceptofametalsealfitting,HanonSystemsisnowinserialproductionwithVisCO2nnect,afittingdedicatedfor R744 A/C systems with a robust design capable of withstanding the increased operating conditions associated with this environmental friendly refrigerant.

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Legislation continues to drive global automakers to reduce emissions and improve fuel economy with the introduction of stringent standards on vehicle manufacturers in order to sell vehicles in certain markets. Hanon Systems offers a portfolio of

thermal and emissions solutions that are specifically designed to help automakers meet these legislative challenges with conventional powertrains, while also supporting the growing need for alternative powertrain solutions.

Exhaust Gas recirculation (EGr)This is an eco-friendly, emission reduction and fuel economy technology. By design, it cools and recirculates exhaust gas before it is re-introduced to the engine to lower the combustion temperature. In a diesel engine, a lower combustion temperature meanslessharmfuloxidesofnitrogen(NOx)areemitted from the tailpipe. When applied to gasoline direct injection engines, the lower combustion temperature reduces knock, which eliminates the need to use fuel to cool and improves fuel economy and reducingcarbondioxide(CO2) emissions. Hanon Systems’ EGR solutions – which combine EGR coolers, valves and bypass valves – can be assembled into compact modules saving space and assembly operations. With the latest diesel regulations requiring a multi-system approach to reduce emissions, Hanon Systems’ EGR expertise in high and low pressure systems can be easily combined with SelectiveCatalyticReduction(SCR)orLeanNOxTrap(LNT) after-treatment systems to ensure compliance with ever stricter regulations.

Electronic Coolant PumpElectronic coolant pumps are a key component to supply coolant on-demand for critical thermal management systems. By providing coolant only as required, electronic coolant pumps reduce fuel consumption, friction loss and emissions. Hanon Systems offers electronic coolant pumpsdesignedspecificallyforboostedcombustionengines, start/stop technology, and electric and hybrid electric (EV/HEV) and fuel cell vehicles. These pumps support a wide range of next generation thermal management systems where an engine accessory drive belt may not be available, including cooling of batteries, DC/DC converters and power electronics. Pumpefficiencyplaysanimportantroleintheenergymanagement of vehicles, especially with electric and hybrid vehicles. Hanon Systems has developed a range ofhighefficiencyboostpumpsthatcanoperateathigherspeedsforshortperiodswhenextracoolantflowis required. These boost pumps operate on-demand toensureefficientpumpoperationtominimizeenergyconsumption and, in some cases, can reduce the number of pumps required in a system.

Electronic Coolant ValvesMulti-port electronic coolant valves route coolant in various loops of the cooling circuit, depending on need. Traditional solenoid valves consume energy at all times, which impacts vehicle energy consumption. Hanon Systems offers electronic coolant valves that use DC motor drives to ensure energy is only consumed when operating the valve. These valves use an innovative ball valve concept that delivers discreteflowcontrolofcoolantandcanbedesignedwithuptofiveuniqueportconfigurations.Theinnovativeballconceptalsocanbestackedtoaddressmorecomplexflowcontrolsolutions, which reduces the number of DC motor actuators for further savings in energy consumption. Hanon Systems offers electronic coolant valves designed for naturally aspirated and boosted combustion engines, stop-start technology, electric and hybrid electric (EV/HEV) and fuel cell vehicles. These support a wide range of next generation thermal management systems, including cooling of batteries, DC/DC converters and power electronics. When combined with Hanon Systems’ electronic coolant pumps and extensive range of heat exchangers, the company’s system capability ensures a fully optimized thermal management solution.

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The era of hybrid and electric automobiles that converges with nature is here. Global automotive manufacturers are concentrating efforts on developing eco-friendly vehicles that are equipped with high performance and high efficiency parts. Hanon Systems is well-equipped with innovative thermal and energy management solutions to lead this effort to meet customer requirements.

Heat Pump SystemHanon Systems offers an award winning heat pump system,whichisdesignedtosignificantlyreducepowerconsumption from heating battery-powered vehicles including electric vehicles. Unlike a conventional electric heater, the heat pump draws heat from ambient air, thereby reducing power consumption. This revolutionary design also utilizes the waste heat recycled from the vehicle’s motor and inverter as an additional heat source to support the vehicle’s heating system. This feature can help meet the desired cabin temperature, even in challenging sub-zero temperatures, to further extend the vehicle’s drive range by decreasing power drain on the battery. Hanon Systems received the prestigious IR52 Jang Young-Shil Award in 2015 for this breakthrough technology.

HV iCooL™HViCOOL™isarevolutionaryconceptthatcombinesthree separate air conditioning components – HVAC, compressor and condenser – into a single module. This self-contained unit can be moved anywhere in the vehicle, including under the seats or in the engine compartment. The result is an HVAC-free cockpit that enables ultimate styling freedom and an improved cabin comfort experience for vehicle occupants.

Battery Thermal managementHanon Systems is at the forefront delivering solutions to meet battery thermal management requirements. Contact heat exchangers conduct heat away from battery cells for precise temperature control in electric and hybrid vehicles. These devices are designed specificallyforlithium-ionbatteries,andcanimprovebattery output and prevent premature aging. A battery chiller is required when a coolant-based battery thermal management system is used. This compact plate-to-plate heat exchanger transfers heat from the coolant to the refrigerant to provide adequate capacity during battery fast-charging mode. Hanon Systems also provides heat exchanger solutions for sensors, electronics, power inverters and other heat management tasks using plate or tube-type contact coolers.

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A fuel cell vehicle, which uses hydrogen as its fuel and emits no exhaust gas, is noted as an ideal car to satisfy the requirements of the global environment. Hanon Systems is in production with advanced solutions to support this next generation vehicle architecture.

High Voltage Cooling Fan motorThe high voltage cooling fan motor incorporates abrushlessDCmotortoofferhighefficiencyandreliability in fuel cell electric vehicle applications. Its high speed, high power and lightweight design received a New Excellent Technology (NET) Award from the Ministry of Knowledge Economy in 2012, andistheworld’sfirstinautomotivetoenablequietnessandhighefficiencybycombiningamotorand an inverter, resulting in low power consumption.

Glycol HeaterHanon Systems has developed a critical component to address thermal energy management of fuel cell vehicles. The innovative glycol heater uses high voltage to heat the fuel cell stack for optimal operation during cold start conditions and eliminates oxygen build-up around a fuel cell cathode in the event of vehicle impact. This heater is integrated with a cathode oxygen depletion device for dual functionality by eliminating excess oxygen by draining excess electrical current, if necessary.

Centrifugal Air CompressorHanon Systems has developed an innovative solution for fuel cell electric vehicles that provides clean pressurized air to the fuel cell stack to generate power to propel and operate the vehicle. The centrifugal air compressor features a high-speed brushless DC motor with a patented, oil-free ball bearing design. Thistechnologyisequippedonthefirstmass-produced hydrogen fuel cell electric vehicle and was namedafinalistfortheAutomotive News PACE Award in the product innovation category in 2014 and 2016.

Hanon Systems has a strong, competitive global footprint with resources in 20 countries around the world and manufacturing operations located in close proximity to the customer.

GLoBAL nETworK

Hanon Systems operates in a highly-competitive industry where technological competitiveness and speed are critical. With technology centers brimming with engineering know-how, positioned in key markets that are supported by a host of engineering centers, Hanon Systems is well-positioned with the expertise, capabilities and local acumen to address the various needs of automakers where they operate.

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Manufacturing and Engineering Locations Innovation Centers

Includes non-consolidated joint ventures

EuroPESlovakia IlavaTurkey GebzePortugal PalmelaCzech Republic NovýJičín,HlukFrance CharlevilleHungary SzékesfehérvárUnited Kingdom ChelmsfordGermany Kerpen, WaghäuselRussia Togliatti

InDIAChennaiPuneGujaratBhiwadiTHAILAnDRayongSouTH AFrICAPort Elizabeth

KorEADaejeonPyeongtaekUlsanSeoulJAPAnHiroshimaYokohamaHiroshima (Higashi)Yamaguchi (Hofu)

CHInABeijing (2)DalianJinanShanghaiChongqing (2)NanchangYanchengNanjingChangchunChengduFoshanWuhu

AmErICASUnited StatesShorter, AlabamaTroy and Van Buren Twp., Mich.Carey,OhioCanada Belleville,OntarioBrazil Atibaia, São PauloMexico Juarez (San Lorenzo) Juarez (Santa Fe) Juarez (Paso del Norte) Juarez (Rivereño) Querétaro Monterrey

rELIABILITy AnD EVALuATIon

Reliability and evaluation (R&E) is an integral and vital part of Hanon Systems’ product development process consisting of computer aided design (CAD), computer aided engineering (CAE), and component, subsystem and vehicle-level testing. Together, R&E provides optimal designs with the highest level of robustness and quality. Hanon Systems is equipped with highly credible design, simulation and test systems to increase the success rate of test verification, reduce development time and build customer trust. Experts with top-class product development and production knowledge conduct optimized design, data interpretation and verification from the initial design stage through production.

Computer-Aided Design (CAD)HanonSystemsemploysaqualifiedstaffwithworld-class development and manufacturing knowledge in all product segments. Customized knowledge-based CAD, combined with integrated manufacturing rules, allow the design staff to repurpose proven results with an emphasis on manufacturing capability, weight, quality, andfitandfunction.

Computer-Aided Engineering (CAE)Hanon Systems is one of only a few automotive suppliers with the global breadth and depth that can deliver comprehensive system and component level analysis across all its product lines. Through high performance computationalfluiddynamics(CFD)toolsandexpertise,Hanon Systems offers expertise and tools to support customers and product development for early feasibility analysis, quotation and new model design, and research related to new product development.

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rELIABILITy & EVALuATIon

Test CapabilitiesHanon Systems’ global test capabilities are one of many engineering tools to support the company’s development ofinnovativeeco-friendlyandefficientsolutionsthatdeliver comfort. As an integral part of the product development process, the company has component and system-level test facilities around the world in locations near its customers. In-house test operations include a full range of environmental, vibration and durability test equipment for advanced development, and design and manufacturing validation.

CAECAD TEST

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Ethical managementDemonstrating a high level of ethical integrity is a top priority at Hanon Systems. The company is committed to building and maintaining a bond of trust with customers and stakeholders by sharing relevant information, following fair business practices with partners, offering fair and equal opportunities to employees, and undertaking social responsibilities and obligations.

marketplaceHanon Systems is focused on being a respected and preferred supplier of thermal and energy management automotive solutions, and good corporate citizen. By acting in an ethical and responsible manner, the company is steadfast in its responsibility to build long-term, sustainable relationships with all its stakeholders. In addition, the company is committed to developing and delivering high-quality solutions that brings value to consumers, enhances the customer’s brand and brings a positive impact to the world.

workplaceHanon Systems is committed to creating a diverse, ethical and safe work environment by prioritizing the well-being, professional development and creativity of its employees. From an industry-leading safety record to programs around the globe that encourage healthier lifestyles, Hanon Systems aims to provide the very best conditions for its employees.

As an automotive thermal and energy management solutions provider, Hanon Systems is committed to driving positive change that brings value to people, customers, environment and the communities where it operates. At the same time, the company commits to maintaining outstanding professional, operational and environmental standards; strives to understand and incorporate stakeholder interests into areas of strategy; and to build a positive and sustainable future that will lead to a better tomorrow.

SuSTAInABLE VALuE CrEATor

CommunityHanon Systems strives to build strong relationships with the communities where it operates, including the families and relatives of employees. By interacting with a broad range of stakeholders, the company is committed to listening to, learning about, and understanding key issues within and beyond the company’s scope to build a better tomorrow.

EnvironmentHanonSystemsfindsitimportanttohave a robust global environmental management system. The company has ISO14001accreditationandassuranceacross its manufacturing facilities, and commits to following all regulations and guidelines. With the support and commitment of a strong management team, employees are focused on meeting or exceeding annual targets while remaining proactive in mitigating any environmental impact. By sharing best practices, implementing innovative solutions and nurturing a culture of continuous improvement, the company can bring value to the environment and improvefinancialresults.

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Heating, Ventilation and Air Conditioning module (HVAC)

Powertrain Cooling

Compressors

Fluid Transport

Thermal and Emissions

Thermal Systems

Assemblies

Components

Assemblies

Components

Assemblies

Components

Exhaust Gas Recirculation (EGR)

Coolant Pumps and Valves

Electronic Actuator

Hybrid and Electric Vehicle Thermal Solutions

Fuel Cell Vehicle Technologies

Flat HVACSliding Door HVACTriple Zone HVAC

Evaporator CoreHeater CoreIonizerCO2 SensorFragrance ModuleControl

Cooling ModuleFront End Module (FEM)

RadiatorLow-Temperature RadiatorCondenserTube CondenserWater-Air Cooled CondenserWater-Cooled CondenserConventional Blade FanWave Blade FanCharge Air CoolerWater-Cooled Charge Air Cooler

Variable Swashplate Compressor (HV)Electric Compressor (HES)Fixed Rotary Suction Compressor (HRS)

Fluid Transport

Coolant LinesHoses and PipesMetal Seal FittingTube-in-TubeReceiver DrierAccumulator

High Pressure EGR CoolerLow Pressure EGR CoolerHigh Pressure EGR ValveLow Pressure EGR ValveEGR Bypass Valve

Electronic Coolant PumpMulti-port Coolant Valve

Electronic Throttle BodyElectronic Wastegate Actuator (eWGA)Variable Geometry Turbine Actuator

Battery ChillerContact Heat ExchangerElectric Compressor (HES)Heat Pump SystemAirHeatPumpSystem(HViCOOLTM)

Cooling Module with Brushless DC FansHigh-Voltage Positive Temperature Coefficient (PTC) HeaterGlycol HeaterCentrifugal Air Compressor

ProDuCT PorTFoLIo

This material has been produced by Hanon Systems and it is being presented solely for your information and is subject to change without notice. No representation or warranty, expressed or implied, is made. No reliance should beplacedoncompletenessoftheinformationpresented.HanonSystems,itsaffiliatesorrepresentatives,acceptsno liability whatsoever for any losses arising from any information contained in this material. All content (text, images, graphics, etc.) is subject to copyright and other intellectual property rights of Hanon Systems.

Hanon Systems reserves themselves for any typographical or factual errors that may have occurred in the production ofthismaterial.Thesematerialsmaynotbereproduced,distributed,modifiedorrepostedwithouttheexpressedwritten permission of Hanon Systems.

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