1. 2016 Benefits Enrollment November 2015

2. Copyright © 2015 BorgWarner Inc. 22 Nov. 16 - Dec. 5 It’s Here! 2016 Open Enrollment Elections/changes are effective Jan. 1, 2016 - Dec. 31, 2016 unless you have a qualifying life event

3. Copyright © 2015 BorgWarner Inc. 33 Do You Know the Value of Your Benefits? BorgWarner employees pay a significantly lower share of total healthcare claims costs compared to the amount paid by employees of our industry peers. 2016 Estimates

4. Copyright © 2015 BorgWarner Inc. 44 BorgWarner Benefits Overview

5. Copyright © 2015 BorgWarner Inc. 55 New for 2016: Spouse HRQ  Who: All spouses who are enrolling under the medical plan  What: Must complete the Cigna Online Health Assessment (HRQ) to waive a spouse premium surcharge of $100 per month  The surcharge is in addition to whatever point-based premium you earn  When: By Nov. 30, 2015, or a $100 monthly surcharge will be deducted from your paycheck Look for instructions in your enrollment packet www.mycigna.com

6. Copyright © 2015 BorgWarner Inc. 66 New for 2016: Medical Out-of-Pocket Maximum  Improved Out-of-Pocket Coverage:

7. Copyright © 2015 BorgWarner Inc. 77 New for 2016: Walgreens No Longer In-Network  Walgreen’s is no longer considered an in-network pharmacy Prices are consistently higher than most other pharmacies  If you have Walgreens prescriptions, transfer them by January 1 to ensure continued coverage For a complete list of network pharmacies, please visit: www.cigna.com/pharmacy-network-2.

8. Copyright © 2015 BorgWarner Inc. 88 New for 2016: Increased Rx Out-of-Pocket Maximum

9. Copyright © 2015 BorgWarner Inc. 99 New for 2016: Dental Enhancements  New implant coverage: 50% after you satisfy the deductible, up to $1,500.  New rewards program allowing you to grow your maximum benefit limit: 20162017 2018 (+) $100 Maximum $1,500 Maximum $1,600 Maximum $1,700 Preventive dental care = $100 increase Example: Individual coverage

10. Copyright © 2015 BorgWarner Inc. 10 New for 2016: Increased FSA Contribution Limit  Increasing by $50 ― $2,550 maximum per individual per year  Reminder: You can rollover up to $500 of your unused funds Funds over $500 will be forfeited The rollover is added to your annual contribution for the following year Doesn’t effect your contribution maximum  All expenses must be incurred by 12/31/16

11. Copyright © 2015 BorgWarner Inc. 11 Reminder for Life Insurance  Be sure to go directly to MetLife’s website to: Make Life and Optional Life coverage elections Designate/change a beneficiary These elections are NOT made through Workday® www.metlife.com/mybenefits

12. Copyright © 2015 BorgWarner Inc. 12 Don’t Miss Out: Upgrade Your LTD 30% of people in the U.S. become disabled before age 65 Deaths in U.S. have decreased, but disabilities are up 70%

13. Copyright © 2015 BorgWarner Inc. 13 BorgWarner Wellness Overview

14. Copyright © 2015 BorgWarner Inc. 14 Earn at least 5 Points by 10/31/16 for the lowest cost premium for 2017! Premium Points for 2016/2017

15. Copyright © 2015 BorgWarner Inc. 15 2016 Medical Contribution Costs No changes to dental

16. Copyright © 2015 BorgWarner Inc. 16 Health Assessment (HRQ) Completion Rules SituationDeadline:Impact: Current employee hired BEFORE 1/1/16 NEW to medical plan - Or - Spouse is NEW to the medical plan: You & spouse should complete the HRQ by February 28, 2016. Otherwise, you’ll pay… o Basic: Regular 20% premium rate o Buy-Up Plan: Regular 25% rate o Spousal Surcharge will be applied Begin participation in the Shift into Better Health Premium Incentives to earn discount points toward 2017 premiums. HRQ completion is required to earn Coaching program rewards If you (and/or your spouse) are not enrolled in one of our health plans currently in 2015 but you (and/or your spouse) will be enrolling effective Jan 1, 2016:

17. Copyright © 2015 BorgWarner Inc. 17 2016 Vision Contribution Costs cost for Family cost for Employee Only and Employee + 1

18. Copyright © 2015 BorgWarner Inc. 18 Enrolling Online Everyone MUST Go ONLINE and Do One of the Following:  Elect to keep coverage the same as 2015  Change coverage  Elect to “Waive Coverage” OR … Contact HR Link for questions about dependent eligibility 1-844-292-5465 hrlink@borgwarner.com

19. Copyright © 2015 BorgWarner Inc. 19 www.borgwarner.com/benefits Supporting Your Enrollment hrlink@borgwarner.com

20. Copyright © 2015 BorgWarner Inc. 20 Any Questions?

21. Copyright © 2015 BorgWarner Inc. 21 Thank You For Your Attention Fuel Economy EmissionsPerformance Our Vision  A Clean, Energy-Efficient World Our Mission  Deliver Innovative Powertrain Solutions that Improve Fuel Economy, Emissions & Performance

22. Copyright © 2015 BorgWarner Inc. 22 Recap: RSP Auto Increase Service  Who? Anyone who makes less than $115,000 in base pay + bonus and is contributing 1% – 9% to their Savings Before Tax account  What? Service will automatically increase your Savings Before Tax contribution by 1%  When? Annually, each April 1  How? Automatic increases will stop when your contribution reaches 10% You may change your auto-increase elections (up to 28%) or opt out of auto increase at any time by contacting T. Rowe Price  Why? Advantages:  Reduce your current taxable income  Compounding can help your savings grow over time

23. Copyright © 2015 BorgWarner Inc. 23 Additional detailed slides you can use Appendix

24. Copyright © 2015 BorgWarner Inc. 24 Health Care FSA Timeline for 2017 Note: all expenses must be incurred by December 31, /2016 2016 claims must be submitted to Cigna by March 31, 2017

25. Copyright © 2015 BorgWarner Inc. 25 Don’t Miss Out: Upgrade Your LTD

26. Copyright © 2015 BorgWarner Inc. 26 Reminder: Working Spouse Rule  Working spouse is required to enroll in the medical coverage offered through their employer in order to be added to a BW plan  Here’s How It Works  If your spouse is eligible for, but does not to enroll in, their own employer’s group plan, they WILL NOT be eligible for BW coverage  If your spouse is enrolled in their employer’s plan, you may add them as a dependent to BW plan, but the BW plan will pay secondary coverage ONLY  If you enroll in both plans, benefits under each plan are coordinated. The total reimbursement from both plans cannot be more than the allowable benefit under the BW plan