Corporate Presentation 2018

Disclaimer

2

©2018 GRUPO ANTOLIN-Irausa, S.A. All rights reserved

This Confidential Presentation (the “Presentation”) has been prepared by Grupo Antolin-Irausa, S.A. (the “Group”) for information purposes only. The distribution and use by recipients of the information contained herein and any other information provided to the recipient by or on

behalf of the Group or its representatives is strictly confidential and the recipients bind themselves to strictly limit within their respective organization the circulation, copying and disclosure of the information contained in the Presentation. Except with the expressed consent of

the Group, you may not use, distribute, sell, modify, revise, republish, post or create derivative works (where applicable) of the trademarks, logos, information or other material or content in this Presentation. The Group has prepared this Presentation with due care based on available information; however, it does not accept any liability whatsoever for the contents or interpretation of the information

provided herein. The Group makes no representation or any other form of assurance as to the accuracy or completeness of the information in this document.

Index

1. History2. Products3. Financial Strength4. International Presence5. Innovation 6. People 7. CSR

1. History

Answers to a constantly changing world

5

Talent

28,000 individuals drive us direct to

success

Financial Strength

Global Presence Innovation BU

2017 annual sales of 5,037 million

euros

151 production plants and centers

Just in Time across 25 countries

We innovate today to obtain a

sustainable future for the automobile

OverheadsDoors

LightingCockpits

6

Grupo Antolin is a family owned company fully committed with innovation and high quality

More than 65 yearsof industrial tradition

2000´s

Commitment to the future

Evolution from single components to modular products.Continuous Growth.

High value added integrated products.

50´sRubber-metal steering joint.

80´sHolding Grupo Antolin.

Internationalization.

60´s / 70´s 90´sStrategy focus on vehicle interiors.

Constant innovation policy.New corporate headquarters

to develop R&D activities.

2013Antolin Familybecomes sole

shareholder.

One of the largest global car interior suppliers

2015Generational

change. Acquisition of

Magna Interiors.

First self-supporting roof linings.New factory ARA: first interiors

components. Product diversification.

2014 2016Grupo Antolin

presented in 42 out of the 154 launches.

Inaugural Bond

Issue.

2017New

Vision & Values

2. Products

8

Our Products4 Strategic Business Units

Overheads & Trunk Trim BU

Doors & Hard Trim BU

Lighting BU

• Modular headliner• Substrate• Sunvisors• Lighted headliner• Trunk Trim

• Carrier solutions• Door panels• Window regulators• Mechanisms

• Complete solutions• Interior:

FunctionalMood lighting

• Exterior

Number 1 Worldwide Multi-TechnologicalOffer

Leading ambient lighting supplier

Cockpits & Consoles BU• Cockpits• Instrument panels• Central console

We Improve Life on Board

9

Overheads & TrunkTrim BUNumer 1 WorldwideWe are the largest worldwide supplier of headliner substrates. We have a large market share, which means that 1 of every 4 cars in the world sports one of our headliners.

We provide our clients with global solutions and local support in order to satisfy its needs as regards sustainability, weight reduction, customization, improved safety, design and comfort. Our deep knowledge in acoustics and textile surface materials and soft trim products, make passengers feel like at home. Trunk trim, floor carpets, package trays, load floors and decorated pillar trims complete our product portfolio.

Our multi-technological offer and a complete network of production plants and Just In Time centers allow us to pursue any level of integration anywhere in the world.

ModularHeadliner Substrate Sunvisors

Lighted headliner Trunk Trim

Reports 41% of the total sales of Grupo Antolin

10

Doors & Hard Trim BUMulti-Technological Offer

In recent years, the door function has led our company's expansion.

Our leadership in this product segment is based on multitechnology, maximum integration, global implementation and flexibility for handling a wide range of versions.

The door is an essential design component in which multiple features converge. It has transformed into a carrier of diverse components: electric and electronic devices, lighting, padding, and acoustic features which provide safety and comfort.

At Grupo Antolin, we are experts on door trims and mechanisms, a technological synergy that allows us to offer a broad scope of modular solutions. We develop, manufacture and sequence door panels that integrate innovative product-process technologies and materials seeking to reduce weight.

Carrier solutions

Door Panels

WindowRegulators Mechanisms

Reports 32% of the total sales of Grupo Antolin

11

Lighting BULeading ambient lighting supplierWith the acquisition of CML Innovative Technologies, Grupo Antolin consolidated its position as leader in the overhead function and allowed the company to obtain a place in a market with great expectations through the integration of the advanced technology of CML.

This purchase has leaded Grupo Antolin to increase the added value and functionality of several of our traditional products (headliners, door panels and seats) and this will have a positive effect in helping them to grow beyond their current production levels, contributing to the pursuit of new projects.

CompleteSolutions

Interior Functional

Interior Moodlighting

Exterior lighting

Reports 6% of the total sales of Grupo Antolin

12

Cockpits & Consoles BUWe improve Life on board

We deliver cockpit modules and instrument panels with high perceived quality based on our expertise in design, comfort, convenience, craftsmanship, and safety. For a highly integrated cockpit module, Grupo Antolin offers full responsibility for design, development and sourcing, including Electric & Electronics components. Our innovations are focused on flexibility, cost-efficiency and weight reduction solutions.

Our expertise in decorative surface design parts allows us to customize our products and make them unique.

Cockpit Modules

Instrument panels

Central Console

Reports 21% of the total sales of Grupo Antolin

3. Financial Strength

14

RevenuesConsolidated sales

mill (€)

4,9825,037

0

1.000

2.000

3.000

4.000

5.000

6.000

2016 2017

2016 Figures restated (due to sale from Seats and Metal Business Unit)

3.2 %

1.1 %

* At 2016 average exchange rate5,140

15

CapexFocused investment plan oriented towards value added products

264333

0

50

100

150

200

250

300

350

2016 2017

mill (€)

2016 Figures restated (due to sale from Seats and Metal Business Unit)

16

Highly diversified business model Geography

2017

Europe 54%NAFTA

34%

Asia-Pacific-Africa10%

Mercosur2%

Highly diversified business model Clients

172017

Volkswagen Group 17.3%

Ford Motor12.5%

Fiat-Chrysler 11.2% Tata Group

11.7%

Daimler 7.7%

General Motors8.4%

BMW Group8.5%

Renault-Nissan8.4%

Others5.4%

Japanese'sClients 3.8%

Hyundai-Kia2.1%

PSA Peugeot Citroën 3.1%

18

Highly diversified business model Business Units

Overheads & Soft trim

41%

Doors & Hard trim

32%

Cockpits & Consoles

21%

Lighting6%

2017

4. International Presence

20

We are where the cars are manufactured 151 facilities and 22 Technical Commercial Offices

SpainArgentina AustriaBrazil China Czech Republic France GermanyHungaryIndia Italy Japan Mexico Morocco Poland Portugal Romania Russia Slovakia South Africa South Korea Thailand Turkey United Kingdom United States

25 Countries

Grupo Antolin is present in 9 of the top 10 best selling cars in the world

Grupo Antolin in SpainCommitted to our origins

21

2,572

Revenues (€ IN MILLIONS)

321 Employees:

TCO’s + Factories & other centers:

2+12

Solid presenceGA equips 95% of vehicles produced in Spain

Valladolid

Almussafes

BarcelonaBurgos

Pamplona

Vitoria

Sollana

22

15,115

Market leaderGA equips 81% of vehicles produced in Europe

Revenues (€ IN MILLIONS)

Employees:

2,705

TCO’s & Factories:

13+74Countries:

14

PortugalAustria

Czech Rep.

Germany

Hungary

Italy

PolandSpain

France

Slovakia

Russia

United Kingdom

Romania

Turkey

Grupo Antolin in EuropeInternationalization process started in 90s

Grupo Antolin in NAFTAPresent in USA since 1994

23

8,000

Solid presenceGA equips 63% of vehicles produced in NAFTA

Revenues (€ IN MILLIONS)

1,738Employees:

Factories:

2+282

Mexico

USACountries:

24

Grupo Antolin in MercosurOperating in Brazil since 1996

673

Revenues (€ IN MILLIONS)

81Employees:

OEM’s South AmericaGA equips 75% of vehicles produced in Mercosur

Factories:

7Countries:

Argentina

Brazil

2

Grupo Antolin in Africa-Asia-PacificOperating in India since 1996

25

Revenues (€ IN MILLIONS)

514Employees:

4,160Factories:

7+42

Japan

Morocco

South Korea

Thailand

India

South Africa

Countries:

7 Significant expansionGA equips 22% of vehicles produced in AAP

China

26

International PresenceEUROPE NAFTA ASIA-PACIFIC AFRICAMERCOSUR

BurgosBurgosAlmussafesBarcelona PamplonaSollanaValladolidVitoria

SPAIN 2 + 12

AllershausenBamberg GrossostheimKölnStraubingWeilimdorfWeyhausenBad DürkheimBambergEmdenCologneMassen

GERMANY 7 + 13

EbergassingWeikersdorf

AUSTRIA2

Bratislava NitraTrnavaZilina

SLOVAKIA5

BesançonGuyancourtBesançonCambraiHenin BeaumontRupt-Sur-Moselle

FRANCE2 + 4

TurinCalvi Risorta

ITALY2

Strzelin

POLAND1

PalmelaVila Novade Cerveira

PORTUGAL2

WarwickBartonBury St EdmunsDroitwichHartlipLeamington SpaMidlandsRedditch

UNITED KINGDOM1 + 11

Sibiu

ROMANIA3

NaberezhnyeNizhni NóvgorodSan Petersburg

RUSSIA3

BasiskeleBursaGolcuk

TURKEY3

Auburn HillsAlabamaBelvidere ChatanoogaHopkinsville HowellKansas CityKentucky LouisvilleMarletteNashvilleShelbySpartanburgSt. ClairWarren Wayne

USA1 + 18

SilaoDerramaderoHermosillo PueblaSaltilloSilaoTlaxcalaToluca

MEXICO1 + 10

Buenos Aires

ARGENTINA1

BahiaCaçapavaTaubate

BRAZIL6

CHINA 2 + 27

SeoulGimhae-si

SOUTH KOREA1 + 1

PuneVijayawadaBangaloreChakanChennai Gurgaon PuneSanand

INDIA2 + 7

Tokyo

JAPAN1

BangkokRayong

TAILAND2

TangierTangier

MOROCCO1 + 1

DurbanRosslynSilvertonUitenhage

SOUTH AFRICA4

Liberec ChrastavaHraniceLibáňLiberecLipovkaMlada BoleslavPrisoviceOstravaTurnov

CZECH REPUBLIC1 + 11

EsztergomKecskemét

SolihullSpekeSunderland

HUNGARY2

RastattRegenstaufSaarlouisSachsenStraubingWolfsburg

Technical-Commercial Offices Production / Assembly Sequencing

ShanghaiSuzhouChangchunChangshuChengduChongqingDalianFuzhouGuangzhouHaerbinHangzhouNanchangShanghaiShenyang SuzhouTianjinWuhanXiangyangYizhengZhengzhou

5. Innovation

Innovative solutions

Materials & ProcessesFocused mainly on weight reduction to minimize CO2 emissions and the use of green materials (recyclable/recycled)

Industrial flexibilityInnovative processes to produce different functions. Adapting to meet evolving market demands with minimum investment

Smart InteriorsSupporting our customers’ brand strategy is key to end user experience and perceived quality based on customization

29

Research, Development and InnovationGA has invested 2.96% of its revenues in R&D in 2017

Grupo Antolin managed 2,440 patent applications related to 689 innovations

Number of engineers

Spain

Row

362 347

8821,181

0

200

400

600

800

1000

1200

1400

1600

1800

2016 2017

30

Global full service supplier to OEMs

• Global solutions adapted to our clients

• Taking into account the whole project life cycle

• Covering any time-slot

• 22 Design & Simulation centers

Engineering and technological centers

ModeradorNotas de la presentaciónThe consistency of management and resources across Grupo Antolin is an essential factor in the Group’s competitivenessGrupo Antolin’s approach to project and production management is focused on seamless, solid and integral execution via:Technical offices close to the decision-making centersBenchmarking as part of the advanced engineering practiceGlobalization and standardization of CAD/CAE workIntegral product development process with quality as the vectorStandardization of processes in every countryContinuous improvements to maintain operational excellenceNew industrial processes able to produce different functions with the same investmentA global network of engineering centres with a significant presence in low cost countries (eg, Mexico, India, Morocco, Poland, China and Czech Republic) in addition to Burgos, Detroit, Paris and WolfsburgLCC with high technical capabilities and with relevant participation in engineering development

6. People

Diversity

32

27,951Employees

38.44Average age

35,72Porcentaje de mujeres

37.49Percentage of women

107Nationalities

7. CSR

34

New Vision & Values

35

CSR Strategic FrameworkPriorities for action

Making a difference due to our sustainable values and

commitments, being recognized as a pioneer company in the

area of sustainability within the automotive component sector

for our commitment to corporate social responsibility.

COMMITMENT FOR THE FUTURE

Clients

Society

Investors

Suppliers

Shareholders

Employees

www.grupoantolin.com

comunicacion.ga@grupoantolin.com

Internal communication: +34 947 47 78 79

Corporate Presentation 2018DisclaimerIndexNúmero de diapositiva 4Answers to a constantly changing worldOne of the largest global car interior suppliersNúmero de diapositiva 7Our Products4 Strategic Business UnitsOverheads & TrunkTrim BUNumer 1 WorldwideDoors & Hard Trim BUMulti-Technological OfferLighting BU�Leading ambient lighting supplierCockpits & Consoles BUNúmero de diapositiva 13RevenuesConsolidated sales�CapexFocused investment plan oriented towards value added productsNúmero de diapositiva 16Highly diversified business model ClientsHighly diversified business model Business UnitsNúmero de diapositiva 19We are where the cars are manufactured �151 facilities and 22 Technical Commercial OfficesGrupo Antolin in SpainCommitted to our origins Grupo Antolin in EuropeInternationalization process started in 90sGrupo Antolin in NAFTAPresent in USA since 1994Número de diapositiva 24Número de diapositiva 25Número de diapositiva 26Número de diapositiva 27Innovative solutionsResearch, Development and Innovation�GA has invested 2.96% of its revenues in R&D in 2017Número de diapositiva 30Número de diapositiva 31DiversityNúmero de diapositiva 33Número de diapositiva 34Número de diapositiva 35Número de diapositiva 36