•the outcome of ongoing litigation as well as the impact of any new litigation to which we
may become a defendant;
•product liability or warranty claims, claims based on epidemic or delivery failure, or other
claims relating to our products, or recalls by our customers for products containing our
parts;
•natural events such as severe weather, earthquakes, tsunamis, volcano eruptions or
other acts of nature, the effects of climate change, health risks and epidemics or
pandemics in locations where we, our customers or our suppliers operate;
•increased regulation and initiatives in our industry, including those concerning climate
change and sustainability matters and our goal to become carbon neutral in all direct and
indirect emissions (scopes 1 and 2), product transportation, business travel, and
employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable
electricity sourcing goal by the end of 2027;
•epidemics or pandemics, which may negatively impact the global economy in a significant
manner for an extended period of time, and could also materially adversely affect our
business and operating results;
•industry changes resulting from vertical and horizontal consolidation among our suppliers,
competitors, and customers;
•the ability to successfully ramp up new programs that could be impacted by factors
beyond our control, including the availability of critical third-party components and
performance of subcontractors in line with our expectations; and
•individual customer use of certain products, which may differ from the anticipated uses of
such products and result in differences in performance, including energy consumption,
may lead to a failure to achieve our disclosed emission-reduction goals, adverse legal
action or additional research costs.
Such forward-looking statements are subject to various risks and uncertainties, which may
cause actual results and performance of our business to differ materially and adversely from the
forward-looking statements. Certain forward-looking statements can be identified by the use of
forward-looking terminology, such as “believes”, “expects”, “may”, “are expected to”, “should”,
“would be”, “seeks” or “anticipates” or similar expressions or the negative thereof or other
variations thereof or comparable terminology, or by discussions of strategy, plans or intentions.
Some of these risk factors are set forth and are discussed in more detail in “Item 3. Key
Information — Risk Factors” included in our Annual Report on Form 20-F for the year ended
December 31, 2024 as filed with the Securities and Exchange Commission (“SEC”) on February
27, 2025. Should one or more of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially from those described in this
press release as anticipated, believed or expected. We do not intend, and do not assume any
obligation, to update any industry information or forward-looking statements set forth in this
release to reflect subsequent events or circumstances.
Unfavorable changes in the above or other factors listed under “Item 3. Key Information — Risk
Factors” from time to time in our SEC filings, could have a material adverse effect on our
business and/or financial condition.