- Acquisition improves Lear's manufacturing processes for surface material 
seating applications with scalable Industry 4.0 software and hardware 

Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating 
and E-Systems, recently announced it has acquired Thagora Technology SRL, a 
privately held company specializing in material utilization hardware and 
software technologies based in Iasi, Romania.

Thagora's proprietary solutions will complement Lear's sustainable 
manufacturing processes by reducing scrap and lowering energy usage during 
production. In addition, Thagora's Industry 4.0 technology brings significant 
advances to manufacturing operations through engineering and logistics, 
including improved material traceability, and facility footprint utilization.

"Thagora offers Lear access to scalable, smart-manufacturing tools that will be 
a valuable addition to our business," said Frank Orsini, Lear Executive Vice 
President and President, Seating. "We welcome Thagora's talented employees to 
the Lear family. Together, we share the same professional commitment to safety, 
quality, innovation and support for the communities where we live and work."

"This transaction provides Thagora with a unique opportunity to maintain the 
strong relationships we have built with our current automotive and 
non-automotive customers while improving our geographic reach through Lear's 
global footprint to win new business from OEMs around the world," said Mihai 
Mitrica, Thagora's owner. "We are excited to join the Lear family and looking 
forward to continuing to deliver new product innovations that leverage our 
consumer-centric mindset."

About Lear Corporation

Lear, a global automotive technology leader in Seating and E-Systems, enables 
superior in-vehicle experiences for consumers around the world. Lear's diverse 
team of talented employees in 38 countries is driven by a commitment to 
innovation, operational excellence, and sustainability. Lear is Making every 
drive better™ by providing the technology for safer, smarter, and more 
comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every 
major automaker in the world and ranks 179 on the Fortune 500. Further 
information about Lear is available at lear.com or on Twitter @LearCorporation.

SOURCE:  Lear Corporation