A Capability Presentation by Minda SAI Ltd. (Leading Manufacturer of Wiring Harness) October, 2014

Contents Overview of Spark Minda, Ashok Minda Group Overview of Minda SAI

Contents Overview of Spark Minda, Ashok Minda Group

SPARK Minda at a Glance Founded in 1958 by Late Shri SL Minda One of the largest manufacturer of automobile components in India, with FY14 revenue of INR 3,000 Cr/ USD 500 Million Consistently outperforming market: Last 8 years CAGR 34%, against market growth of 7.5 % 32 manufacturing plants 27 in India and 1 in Germany, Poland, Indonesia, Vietnam & Uzbekistan Design Center in Japan Rep Office in Russia Cater to all OEMs and vehicles manufacturers in India, & leading global OEMs in Europe, Asia & CIS Region Presence across 3 verticals Safety, Security & Restraint Systems Driver Information & Telematics Systems Interior Systems

Group Strengths 65+ years of strong presence in / knowledge of the Indian automobile & component industry Excellent customer relationships: Supplying to all Indian vehicle manufacturers Consistent track record of order intake from customers. Increasing SOB Well recognized for superior “QCDD” performance Total product delivery: Concept to design, design to engineering & engineering to manufacturing Process technologies: Die Casting, molding, stamping, painting, plating, powder coating, surface mounted electronic manufacturing, assembly, composites Fully integrated design cell with a strong team of Designers /Engineers In-house tool design and manufacturing Low cost automation - key to our global competitiveness

Group Strengths (…cont) Global standards in quality, delivery & service Collaboration with global industry majors Joint Ventures have been integral to our growth model Significant understanding of diverse cultures across the globe/ appreciate divergent views Thriving JVs with leading component manufactures. Relationships built around transparent communication, mutual trust and understanding US: Stoneridge (since 2004) Japan: Furukawa (since 2007) France: Valeo (since 2007) Italy: Silca (since 2007)

Our Global Presence Russia Rep. Office Poland 1 Plant Germany 1 Plant Uzbekistan 1 Plant Japan Engg./ Mktg. Office Vietnam 1 Plant India 27 Plants Indonesia 1 Plant

Contents Overview of Minda SAI

Company Snapshot Product Range: Manufacturing Locations: North: Greater Noida (2), Pithampur, Haridwar West: Mumbai, Pune South: Chennai (2) International: Vietnam, Hanoi Customer Segments: Commercial Vehicles Scooters, Motorcycles & 3- Wheelers Tractors Utility Vehicles Sub-assemblies Construction Equipment and Off-road Vehicles Product Range: Wiring Harnesses Battery Cables Wire Sets Interior Plastic Components FY14: Revenue: USD 76 Mn (INR 458 Crs) PPM: 19 Delivery: 100% Employees: 4,200

Customers

Proximity To Customers Plants: Northern Zone Greater Noida (2) Pithampur, Indore Haridwar Customers: North Zone West Zone Plants: South Zone Kakkalur Pillaipakkam Customers: Plants: West Zone Mumbai Pune Customers: South Zone

India Market Presence 21-04-2017 Our customers serve a dominant part of the Indian market as above – We have a significant share with these OEMs (>30%) 1 of 38 12

Quality Certifications ISO/TS: 16949-2009 ISO: 9001 ISO: 14001

Customer Recognition Best Vendor award for 2014 in “Electrical & Electronic” Category by M&M Auto Division Outstanding Contribution to SCM – Volvo Eicher Gold Award for Quality – Bajaj Auto Award for Quality & Delivery – HMSI for 2 consecutive years New Product Dev – Volvo Eicher

Customer Recognition Award from Maruti Suzuki for “Best Design, Development & Localization” effort for 2013-14 Felicitation by Mahindra for achieving ‘Mentoring Zone’ status in business Capability

Manufacturing 21-04-2017 Availability of all Machines & Equipment critical to Wiring Harness manufacturing CNC Cutting & Crimping Machines with Seal Insertion Conveyor Assembly Flexible line Dedicated line for each customer 100% end of line checking for Electrical continuity with online printing Absence of inversion Inter-connection short circuit Presence of fuse & relays, diodes Water proofing testing Schunk Ultrasonic Joint Welding Machine 1 of 38 16

Engineering Capability Minda SAI engineering capability encompasses : Design Development LAB Testing Component Development Can design develop complete wiring solutions : Circuit Schematic Connection System Routing and Packaging DFMEA Availability of appropriate Software Catia V5 Capital Logic for design simulation, along- with SimStress Module Capital-H XE Functionality Load Categorization Circuit Protection Wire Type/Size Selection Voltage Drop Optimized Design Wet/Dry/Hot Zone analysis Current Requirement Packaging Area Parking Requirements Protection of Harness throughout the Vehicle Manufacturability

Product Validation 100% circuit checking for fitment & electrical continuity Oil Immersion test High Voltage test Conductor Resistance/ Voltage Drop & Heat Resistance test Endurance test Complete Quality Lab facility – pre- requisite for good wiring harness manufacture Complete Crimp Lab set-up for Crimp validation Dedicated centers for Crimp validation Frequent validation during regular run Custom made endurance testing Jig for TVS 2-Wheeler Splice leakage Testing machine

Backward Integration: Component Division Employees: 200 Nos Plant capacity (monthly) Terminals: 50 Million Plastic parts: 17 Million Other components: 2. Million Localization of connectors and terminals without infringing global patents Normal series Water proof High density Molding Tool Coupler Clips/ Cable Channels Terminal Tool designing and mfg Component designing and mfg Press Tool Backward Integration: Component Division

Wide range of connectors, terminals and other wiring harness plastic parts Connectors (male and female) and related terminals 050, 090, 110, 250, 315, series and 090 water proof series connectors Wiring Harness - Other plastic parts Fuse Box Fuse Box Cover Cable Ties Protector for wiring harness Kinematic Parts for auto interiors Cup holders, Louvers, Arm rests etc Ability to make assemblies and do Laser Printing Component Division

Components Engineering Capability Key OEM approvals recd: Suzuki, Japan for localization at Maruti Furukawa Automotive: Components for Japan, China & Philippines Identified for future localization of SRC (Steering Rolling Connector) Honda Japan: Components for Honda Motorcycle India Working on future global component development Nissan: Fuse Box cover Tata Motors: Developed inter-connectors for CVs. Product under patenting

Initiatives Several organizational initiatives, aiming at excellence: Commenced Minda Business Excellence Model (MBEM) journey Modified version of Malcolm Balridge Award Regular Gemba and Process Audits, review by Group CEO Continuous “Technology Up-grade Plan” : Design Validation & Testing Process Materials

Thank You ! Visit us at www.minda.co.in Corporate Marketing: Plot 45-46, Toy City, Greater Noida – 201306 Email: mktg@mindasai.com