HONGKONG,CHINA - Media OutReach - 10 July 2019 - This news release is made by Johnson ElectricHoldings Limited ("Johnson Electric" or the "Company", and together with itssubsidiaries, the "Group") for the business operations and selected unauditedfinancial information of the Company for the quarter ended 30 June 2019.

The Board of Directors (the"Board") of the Company considers the publication of quarterly salesperformance updates to be consistent with international corporate disclosurebest practice. The objective of this news release is to provide transparencyand to ensure that investors and potential investors receive equal access tothe same information at the same time.

The Group's sales for thequarter ended 30 June 2019 were US$767 million compared to US$872 million forthe same quarter in 2018, a decrease of 12%. Excluding currency movements,sales decreased by 9% to US$794 million.

Foreign exchange ratemovements had a negative effect of US$27 million on the Group's sales duringthe quarter. This was mainly due to the impact of the weaker Euro and ChineseRenminbi against the US Dollar, comparing average exchange rates for thequarter ended 30 June 2019 to the same quarter last year.

While it is not theCompany's standard practice to comment on the outlook for profit in itsquarterly sales and business updates, the Board wishes to inform theshareholders of the Company and potential investors that, based on theinformation currently available to the Company concerning prevailing salestrends and the assessment of the unaudited management financial statements ofthe Group for the first quarter of the financial year, the Board anticipatesthat the Group's unaudited profit attributable to shareholders for the sixmonths ending 30 September 2019 will be substantially lower than the figuresfor the six months ended 30 September 2018.

Sales of Automotive Products Group ("APG")

The global automotiveindustry is presently experiencing a significant decline in light vehicleproduction volumes in all major regions of the world, led by China. Sales ofour Automotive Products Group in the first quarter of the financial yeardecreased by US$71 million or 10% compared to the same quarter in 2018.  Excluding currency effects, APG's salesdecreased by US$47 million or 7%, with the following sales changes by region:

• Asia decreased 15%
• Europe decreased 8%
• Americas increased 5%

In Asia and Europe, APG'ssales decreased across most application segments due to reduced light vehicleproduction as well as the shift away from diesel vehicles which for someproduct applications the Company has an above average market share. This waspartly offset by increased sales in the Americas due to rising demand forbrushless powertrain cooling products, with other application segments in theregion remaining flat, despite a decline in light vehicle production in theregion.

Sales of Industry Products Group("IPG")

Sales of our IndustryProducts Group decreased by US$34 million or 17% compared to the same quarterin 2018. Excluding currency effects, IPG's sales decreased by US$31 million or16%, with the following sales changes by region:

• Asia decreased 19%
• Europe decreased 11%
• Americas decreased 18%

IPG's sales decreased acrossall regions reflecting low business and consumer confidence in many end marketsegments that is resulting in deferred investment decisions and delayedconsumer purchases. Although the proportion of Johnson Electric's sales thatare directly subject to US tariffs remain comparatively small as a share oftotal Group sales, these sales have declined compared to the prior year.

Chairman's Comments on Year-to-DateSales Performance and Outlook

Concerning the firstquarter's sales performance, the Chairman and Chief Executive, Dr. PatrickShui-Chung Wang, said, "Global trade and manufacturing activity in 2019continues to be weak compared to the prior year.  Production volumes in the global automotivesector in the first quarter of our 2019/20 financial year are significantlybelow those of a year ago -- with the China market remaining especiallydepressed.  Demand in several otherconsumer and industrial end markets are also being negatively impacted byrising tariff barriers and geopolitical uncertainties that are holding backinvestment and damaging consumer confidence".

"The Group's weak salesperformance in the first three months of the financial year directly reflectthese end market conditions and sales orders for July and August remain belowthe levels of the prior year".

"Given the uncertainprospects for improved trade relations between the US and China as well as theexceptionally sharp contraction in the domestic automotive market in China, itremains difficult to predict how quickly demand will recover.  Notwithstanding this tough operatingenvironment, the business continues to make progress in executing its keystrategic initiatives and I am confident that Johnson Electric is well positionedto resume a positive growth trajectory once markets stabilize".

CautionaryStatement

Shareholders and potentialinvestors in the Company are reminded that the information provided in thisnews release, including information related to the expected outlook for the half-yearand full year, is based on the Group's unaudited internal records andmanagement accounts. This information has not been reviewed or audited by theCompany's auditors.

Shareholdersand potential investors should exercise caution when dealing or investing inthe shares of the Company.

About Johnson Electric Group

The Johnson Electric Group is aglobal leader in electric motors, actuators, motion subsystems and relatedelectro-mechanical components. It serves a broad range of industries includingAutomotive, Smart Metering, Medical Devices, Business Equipment, Home Automation,Ventilation, White Goods, Power Tools, and Lawn & Garden Equipment. TheGroup is headquartered in Hong Kong and employs over 38,000 individuals in 23countries worldwide.  Johnson ElectricHoldings Limited is listed on The Stock Exchange of Hong Kong Limited (StockCode: 179). For further information, please visit: www.johnsonelectric.com.