<strong>PRESS RELEASE: June 19, 2017</strong>

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<strong>Building on Partnership with University of Michigan, NAVYA Plans to Begin Assembly of ItsAutonomous, Driverless and Electric NAVYA SHUTTLES in Southeast Michigan By Fourth Quarter of 2017.</strong>

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<strong><u>(LYON, France)</u></strong><strong> June 19, 2017</strong> – NAVYA, a pioneer in developing and manufacturing autonomous vehicles, today announced it will establish its first assembly plant outside of Europe in Southeast Michigan. Beginning last year, the French company partnered with Mcity, a public-private partnership led by the University of Michigan to accelerate advanced mobility vehicles and technologies, to bring the NAVYA SHUTTLE<a href="http://navya.tech/?lang=en"><strong>,</strong></a> a driverless, autonomous and electric shuttle vehicle to Mcity. Thanks to the strong partnership with the university, NAVYA has decided to manufacture its vehicles in the Ann Arbor area.

The state of Michigan is ubiquitous with auto manufacturing, and this affords NAVYA the opportunity to work with experienced people in the industry. According to NAVYA’s Vice President of Sales, <strong>Henri Coron</strong>, the company has an immediate objective to build 20 vehicles at the new plant by the end of this year. To achieve that goal, NAVYA plans to hire a team of 15 people at the Michigan facility by the end of 2017. The Michigan Economic Development Corporation (MEDC) is currently considering providing an incentive in support of the project.

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<em>“Thanks to our strong partnerships with Ann Arbor SPARK, the University of Michigan and the State of Michigan, we decided to choose the Ann Arbor area to establish our US headquarters. The Ann Arbor area offers a lot of possibilities for NAVYA to work with our suppliers and hire high-level professionals,”</em> added <strong>Coron</strong>. NAVYA is currently working with partners to find the best location to bring its technology to the U.S. and build American.

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<em>“NAVYA is a global leader in autonomous mobility innovations. With its funding and other resources, it could easily locate anywhere in the world,”</em> said <strong>Paul Krutko</strong>, president and CEO of Ann Arbor SPARK.<em> “With our talent, infrastructure, and established network of mobility technology businesses, it’s a great choice for NAVYA to call the Ann Arbor region home.”</em>

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Michigan has been making strides in implementing autonomous vehicles on its roads. Last year, <strong>Gov. Rick Snyder</strong> signed legislation that allows driverless vehicles to be tested in the state. The new laws will ensure Michigan continues to be the world leader in autonomous, driverless and connected vehicle technology. In December 2016, NAVYA SHUTTLE was introduced to North America at Mcity’s one-of-a-kind proving ground for connected and automated vehicles. Since then, the shuttle has been used to support research and to demonstrate automated vehicle technology at the test facility, with NAVYA becoming an affiliate member of Mcity.

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<strong><u>ABOUT NAVYA SHUTTLE</u></strong>

NAVYA SHUTTLE is a safe, reliable and comfortable autonomous, driverless and electric public transport vehicle that can carry up to 15 people. It has been designed to ensure the specific functions of an autonomous vehicle while optimizing navigation and safety. The shuttle is equipped with a multitude of sensor technology to provide 3D vision which enables it to map out the environment, detect obstacles in its path and identify traffic and road signs. NAVYA SHUTTLE can reach speeds of 28miles/hr. However, taking into account the nature of the sites it often serves, this is often limited to 15 miles/hr. The vehicle aims to provide a complement to current public transport systems over distances that are too short to go by car or are too long on foot.

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<strong><u>ABOUT NAVYA SHUTTLE</u></strong>

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<strong>Autonomous, driverless and electric: the shuttle developed by NAVYA serves cities and private sites by bringing ever more mobility.</strong>

In the city or on a private site, the shuttle conceived by NAVYA is an innovative, effective, clean and intelligent mobility solution. NAVYA SHUTTLE guarantees autonomous transport performance as well as a comfortable trip for the first and last mile, thanks to its gentle navigation.

Capable of transporting up to 15 people, NAVYA SHUTTLE combines a number of advantages. NAVYA SHUTTLE fleets make it possible for operators to improve productivity on private sites, and ease road congestion in urban centers. Passengers also enjoy a pleasant trip while making the most of their travel time.

The NAVYA SHUTTLE was specifically designed to meet the needs of an autonomous, driverless vehicle while also optimizing navigation and safety features. With neither a steering wheel nor pedals, NAVYA SHUTTLE uses effective guidance and detection systems that combine various types of advanced technology. Data from Lidar sensors, cameras, GPS RTK, IMU and odometry is merged together and interpreted by deep learning programs. NAVYA SHUTTLE moves about efficiently and makes proficient decisions. Without any driver.

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<strong>NAVYA</strong>

<strong>A pioneer and specialist in the autonomous vehicle market, NAVYA assists cities and private sites around the world in improving their transport offer with its autonomous, driverless and electric solutions. At the cutting edge of technology, NAVYA revolutionizes trips by offering fluid mobility solutions.</strong>

(Boiler plate) NAVYA's impact is international. Its multidisciplinary team of experts is motivated by one principle objective: offering new mobility solutions that are more intelligent and more fluid, thereby taking part in the sustainable transformation of everyday life.

NAVYA benefits from an overall vision and expertise in automobile technology and software solutions which include perception, visualization, navigation, geolocation, telecommunications and automobile manufacturing.

Indeed, at our 5 sites located in France and the United States, our 150 employees combine their complementary skills in Research &amp; Development, Design and Production, to conceive and develop our range of autonomous, driverless and 100% electric vehicles. These are vehicles that merge motor, digital and robotic technology and are capable of solving the problem of the first and last mile, both in cities and on private sites.

In Europe, the United States and in Asia and the Pacific, over 50 NAVYA SHUTTLES are already in service (September 2017) and more than 180,000 passengers have already benefited from this innovative mobility solution, in cities or on private sites.

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<a href="http://navya.tech/wp-content/uploads/2017/06/NAVYA-Michigan-Plant-Announcement-Release-6-19-17.doc"><strong>DOWNLOAD THE PRESS RELEASE</strong></a>

<strong>Navya Technology</strong>

Navya a été conçue en tant que complément aux transports traditionnels, qu’ils soient individuels ou en commun, sur le « premier ou dernier kilomètre ».

Navya est le compagnon idéal des environnements nécessitant une mobilité simple, sécurisée et respectueuse de l’environnement.