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Continental ag company8/7/2023 Cruising chauffeur highway driving assistance system Intelligent headlamp control (IHC) automated nighttime headlamp control system Assisted & Automated Driving control units eHorizon connectivity and navigation systems Intelligent Glass Control through variable transparency films Manual and memory seat adjustment systems Near field communication (NFC) external readers With the completion of the spin-off, Vitesco Technologies, the former Powertrain business area of the Company, has become independent. Vitesco Technologies announced its successful market debut with the start of trading of its shares on the Frankfurt Stock Exchange. The Company completed the spin-off of Vitesco Technologies on September 15, 2021. Contract Manufacturing is both a group sector and business area, comprising the continuation of operations from the former Powertrain segment. Both the Tires and ContiTech are independent group sectors. As of January 1, 2023, the Company’s Automotive group sector added a business area called Software and Central Technologies. The four sectors comprise a total of 18 business areas. On January 1, 2022, the Company restructured its organization into four group sectors: Automotive, Tires, ContiTech and Contract Manufacturing. The Company’s percentage of sales for Europe has decreased from 53.6% in the fiscal year ended December 31, 2013, to 46.7% in the fiscal year ended December 31, 2022. This trend continued in the fiscal year ended December 31, 2022. This can be seen by the trend of decreasing percentage of Company sales from Europe. One aspect of the Company’s global strategy is to achieve increased balance of sales across all of its operating regions, thus allowing it to become less dependent on specific markets. In the fiscal year ended December 31, 2022, sales to the automotive industry excluding the replacement business accounted for approximately 61% of the Company’s total sales. It provides brake systems, powertrain components and systems, chassis components and systems, motion-control systems, interior displays, human-machine interfaces, infotainment solutions, vehicle electronics, tires and technical elastomers. Contract Manufacturing segment handles contract manufacturing for Vitesco Technologies and includes one business area.-The Company develops and manufactures systems and technologies to provide sustainable and connected mobility of people and goods. ContiTech group sector develops and manufactures cross-material, environmentally friendly and intelligent products, and systems. It is divided into Original Equipment, Replacement APAC, Replacement EMEA, Replacement The Americas and Specialty Tires business areas. Tires sector offers digital monitoring and tire management systems and other services. The sector is further divided into five business areas: Architecture and Networking, Autonomous Mobility, Safety and Motion, Smart Mobility and User Experience. Automotive sector comprises tech nologies for passive safety, brake, chassis, motion and motion control systems. The Company operates in four group sectors: Automotive, Tires, ContiTech and Contract Manufacturing. Continental AG is a Germany-based company offering mobility solutions to automotive sector.
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