We are on a journey to convert energy – whatever its form – into motion to deliver unforgettable driving experiences.

As a combined company, we look forward to delivering enhanced solutions to our customers while driving increased value for … As a combined company, we look forward to delivering enhanced solutions to our customers while driving increased value for our stockholders. Deliver adjusted GAAP EPS accretion in the second full year after closing and meaningful cost synergies by 2023President and Chief Executive Officer, BorgWarner Inc.For additional information about these and other factors, see the information under the caption “Risk Factors” in Delphi Technologies’ most recent Annual Report on Form 10-K filed with the SEC and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” filed on February 21, 2019, and the information under the caption “Risk Factors” in BorgWarner’s most recent Annual Report on Form 10-K filed with the SEC and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” on February 19, 2019.BorgWarner Inc. (NYSE: BWA) and Delphi Technologies PLC (NYSE: DLPH) have entered into a definitive transaction agreement under which BorgWarner will acquire Delphi Technologies in an all-stock transaction to create one of the leading pure-play propulsion companies globally, serving light and commercial vehicle manufacturers and the aftermarket.Maintain flexibility across combustion, hybrid and electric propulsion, consistent with our evolution towards the propulsion market of the futureThis communication may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that reflect, when made, Delphi Technologies’ or BorgWarner’s respective current views with respect to future events, including the proposed transaction, and financial performance or that are based on their respective management’s current outlook, expectations, estimates and projections, including with respect to the combined group following the proposed transaction, if completed. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the possibility that the proposed transaction will not be pursued; failure to obtain necessary regulatory approvals or required financing or to satisfy any of the other conditions to the proposed transaction; adverse effects on the market price of Delphi Technologies’ ordinary shares or BorgWarner’s shares of common stock and on Delphi Technologies’  or BorgWarner’s operating results because of a failure to complete the proposed transaction; failure to realize the expected benefits of the proposed transaction; failure to promptly and effectively integrate Delphi Technologies’ businesses; negative effects relating to the announcement of the proposed transaction or any further announcements relating to the proposed transaction or the consummation of the proposed transaction on the market price of Delphi Technologies’ ordinary shares or BorgWarner’s shares of common stock; significant transaction costs and/or unknown or inestimable liabilities; potential litigation associated with the proposed transaction; general economic and business conditions that affect the combined group following the consummation of the proposed transaction; changes in global, political, economic, business, competitive, market and regulatory forces; changes in tax laws, regulations, rates and policies; future business acquisitions or disposals; competitive developments; and the timing and occurrence (or non-occurrence) of other events or circumstances that may be beyond Delphi Technologies’ or BorgWarner’s control.Increase our power electronics products, capabilities and scale, creating a leader in electrified propulsion systems that is well-positioned to take advantage of future propulsion migrationDelphi Technologies’ and BorgWarner’s forward-looking statements speak only as of the date of this communication or as of the date they are made. Delphi Technologies is shaping the future of vehicle propulsion and aftermarket solutions.

Delphi Technologies has designed its inverter technology to simplify vehicle manufacturers’ multi-voltage strategies as they extend their electric and hybrid vehicle ranges. The company’s Electrification & Electronics product engineering and manufacturing is strengthened by its extensive

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