AUROBAY TECHNOLOGIES DIVISION SUPPLIERS

Horse Powertrain's Aurobay Technologies division is committed to building strong, long-term relationships with our suppliers to support the delivery of innovative, sustainable and competitive powertrain solutions that add value for our customers, in line with our company strategy.

The Aurobay Technologies division's procurement team sets high standards for our suppliers, and selects them rigorously. We constantly monitor the market and evaluate potential new suppliers. We look for suppliers who share our values and vision, and are committed to delivering the highest quality and services – backed up by a sustainable approach, high cost-effectiveness and customer focus.

The Aurobay Technologies division has high expectations of suppliers and sets rigorous requirements relating to quality and compliance, value, sustainability and innovation.

All direct material suppliers must have the following certifications:

• ISO 14001 and IATF 16949. It is also recommended to be certified with ISO 9001 or work together with Aurobay to become certified.

All direct material suppliers should:

• Comply with Aurobay’s global terms and conditions, including guidelines and our Code of Conduct for suppliers.
  
  
• Be transparent with facts and data.
  
  
• Be proactive in addressing issues and driving efficiency.
  
  
• Strive for continuous improvement and customer satisfaction, while maintaining high standards.
  
  
• Lead technological innovations and reduce waste.
  
  
• Deliver on time and in the correct quantities to shorten lead times.
  
  
• Operate a best-in-class cost improvement policy.

Our supply chain constitutes a significant part of the overall impact of our products. We expect our suppliers to take responsibility for their effect on the environment and to actively contribute to reducing our shared environmental impact.

By working closely together with our suppliers towards carbon neutrality, circular resource flows and increasingly transparent and responsible business, we strive to eradicate any negative impact on our planet.

All over the world, demands are increasing for companies to take concrete actions to tackle climate change and environmental regulations are being strengthened. Ambitious sustainability commitments are increasingly important to attract customers, partners and employees.

To become a supplier to the Aurobay Technologies division, you will need to go through a demanding screening and evaluation process to ensure you meet our high standards. You will also need to strictly follow our processes and Code of Conduct throughout your partnership with us.

1. Prequalifying phase
   Review our supplier requirements. Our company culture and guidelines are the starting point for our collaboration. We set high standards for ourselves and our business partners.
   
2. Undergo initial screening
   At this stage, you will need to accept our requirements and Supplier Code of Conduct.
3. Invitation and evaluation
   Aurobay Technologies division procurement will evaluate whether there is a need for sourcing components or services that match your company capabilities. You may be required to participate in more detailed qualification procedures to ensure you meet our standards.
4. Request for quotation
   You may be invited to a sourcing scenario via a Request for Quotation (RfQ). We may continue to evaluate your fit and capabilities to prepare for continuous collaboration.
5. Qualification and continuous development
   Once we appoint you as a supplier, we will continue to evaluate your performance to ensure you meet our needs and standards. We will expect continuous improvement over time.