GlobeNewswire Inc | Jul 13, 2021 08:01AM EDT

July 13, 2021

NORTHVILLE, Mich., July 13, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), a global market leader and developer of innovative thermal management technologies, today announced that the Company was named a top North American Supplier by Honda.

Gentherm was one of 61 suppliers recognized as one of Hondas best suppliers for their excellence in quality, delivery and value. In North America, Honda works with 743 suppliers who provide parts to the Company's 16 plants in the region that produce Honda and Acura cars and light trucks.

Hondas OEM Supplier Awards are presented in four categories: Excellence in Quality and Delivery, Excellence in Value, Supplier Sustainability and Honda Service Parts Suppliers Award. Gentherm received Hondas Excellence in Value for the second consecutive year, where the award recognizes and honors Gentherm for their commitment to improving efficiency and cost.

We are proud to be honored as a Top North American Supplier for our Excellence in Value, said Phil Eyler, President and CEO of Gentherm. This recognition reflects our commitment to developing innovative solutions for our customers and our teams dedication and commitment to quality, innovation and operational excellence.

The awards were presented during the annual Honda Supplier Conference, held virtually this spring due to the COVID-19 pandemic. The recognition is for supplier performance in the 2020 calendar year.

Investor ContactYijing Brentano, Gentherminvestors@gentherm.com248.308.1702

Media ContactsMelissa Fischer, Genthermmedia@gentherm.com248.289.9702

AboutGenthermGentherm(NASDAQ:THRM) is a global developer and marketer of innovative thermal management technologies for a broad range of heating and cooling and temperature control applications. Automotive products include variable temperature Climate Control Seats, heated automotive interior systems (including heated seats, steering wheels, armrests and other components), battery performance solutions, cable systems and other electronic devices. Medical products include patient temperature management systems. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets.Genthermhas more than 11,000 employees in facilities inthe United States, Germany, Canada, China, Hungary, Japan, Korea, North Macedonia, Malta,Mexico,United Kingdom,Ukraine, andVietnam. For more information, go towww.gentherm.com.