Title slide/end slide image dimensions: Title slide images must always fit this size: Height: 10.6 cm; Width: 25.4 cm Title slide images must always follow this position: Horizontal: 0 cm; Vertical: 0 cm To change title slide/end slide image: Insert image according to the dimensions and position listed above Right-click on image and select ‘Order/Send to back’ Delete original image Tip: Fit images easily to the right dimension using Vestas drawing guides. Vestas drawing guides will help you position and crop images. Images will snap to drawing guides when repositioned or cropped. To add drawing guides: Right-click on next to slide Select ‘Grid and Guides…’ Check ‘Display drawing guides on screen’ Press ‘OK’ AMT's Global Forecasting & Marketing Conference Miami, October 20, 2010 Gene Cuenot Vestas Nacelles Supply Chain Management – The Americas

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference2 The overall sourcing and manufacturing strategy: In the region for the region. Importance of Location

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference3 Importance of Location Location of Suppliers and Competitors Foundry Machining Gears Generators Supplier Information GE Gamesa Suzlon Siemens Mitsubishi Turbine Manufacturers Top Quartile 2 nd Quartile Existing Suppliers Modeled Location State Ranking for Potential Suppliers

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference4 Chicago Nacelles - Overview Chicago Location  Centrally located  Available talent  Response time to market  Closeness to supply base

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference5 Establishing Nacelles’ Supply Chain  Category Sourcing  Lean, Six Sigma, APQP, PPAP and ISO certifications desired  Established sourcing milestones and detailed timelines  Experienced staff selected from auto and off-highway industries

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference6 Historic Industry growth Economic Down-turn Critical components sourcing Commodities level sourcing Credit Conditions – tight but monies are available Demand for High Quality and Delivery Competition will be fierce N. America Sourcing but for global suppliers Industry driven ISO9000-like baseline work practices Baseline

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference7 Supply opportunities Bearings Hydraulics, pumps Lubrications systems Plastics Wires and Cables Transformers Castings Weldings Fasteners Machined components Sheet metal work Lifts V90/3MW V82/2MW Nacelles - Overview

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference8 The Sourcing Experience

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference9 North America Suppliers Strengths  Ability & Flexibility to Invest  Transferrable skills  Quality systems  Knowledge in APQP and PPAP  State and Government support Improvements  Grow knowledge of wind industry  Drive continuous improvements in quality & delivery  Achieve one-piece flow  Appropriate investment planning

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference10 Emphasis on Safety and Quality Our Number 1 Priority Safety and Quality High quality = satisfied customer Wind suppliers MUST master basic quality management tools Industry specific standard to achieve quality fundamentals

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference11 Importance of Quality One “small” supplier defect = Rework up tower Rework up tower = Down Turbine Crane Cost Technician Cost Shipping Cost Down Turbine = Loss of Production Loss of customer satisfaction Loss of Production = Lower business case certainty Raises perception of high risk investment High Risk Investment = Lower investments made Lower investment = No growth for any OEM and fewer jobs.

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference12 Current Supplier Quality Performance Typical Industry Root Causes: Product received does not meet form, fit & function requirements Un-validated product/process changes Critical Process not in statistical Control Poor inspection and test coverage

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference13 Market and Customer Expectations Suppliers must drive to improve the basics of Quality Management. Implement Culture of Quality: OWN your product quality Improve controls and test coverage Improve responsiveness & take ownership of problem resolution

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference14 The Supply Impact

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference15 Extreme growth – Fastest growing of the renewables sectors for quality suppliers Renewables industry expansion drives need for uniform supply standard. Industry growth driving: - manufacturing, installations and employment - supplier process optimization Need for continuous improvement Industry Impact on Suppliers

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference16 Innovativeness Increased co-operation Increased reliability Multiple sourcing Partnering and long term agreements Production readiness Industry Expectations of Suppliers

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference17 APQP – advance product quality planning PPAP – production part approval process FFF – form, fit and function CTQ – critical to quality Record retention Expected Tools

Add Name of presentation via ‘View/Header and Footer’ To add pre-formatted bullets please use the increase/decrease indent buttons found in the PowerPoint menu Add footnotes above Name of presentation (Arial 9, Black) AMT's Global Forecasting & Marketing Conference18 Industry Outlook

Title slide/end slide image dimensions: Title slide images must always fit this size: Height: 10.6 cm; Width: 25.4 cm Title slide images must always follow this position: Horizontal: 0 cm; Vertical: 0 cm To change title slide/end slide image: Insert image according to the dimensions and position listed above Right-click on image and select ‘Order/Send to back’ Delete original image Tip: Fit images easily to the right dimension using Vestas drawing guides. Vestas drawing guides will help you position and crop images. Images will snap to drawing guides when repositioned or cropped. To add drawing guides: Right-click on next to slide Select ‘Grid and Guides…’ Check ‘Display drawing guides on screen’ Press ‘OK’ Copyright Notice The documents are created by Vestas Wind Systems A/S and contain copyrighted material, trademarks, and other proprietary information. All rights reserved. No part of the documents may be reproduced or copied in any form or by any means—such as graphic, electronic, or mechanical, including photocopying, taping, or information storage and retrieval systems without the prior written permission of Vestas Wind Systems A/S. The use of these documents by you, or anyone else authorized by you, is prohibited unless specifically permitted by Vestas Wind Systems A/S. You may not alter or remove any trademark, copyright or other notice from the documents. The documents are provided “as is” and Vestas Wind Systems A/S shall not have any responsibility or liability whatsoever for the results of use of the documents by you. Vestas wishes to acknowledge and respect all copyrights in connection with the illustrations used in this presentation. In case we have unintentionally violated copyrighted material, we want to be informed immediately in order to straighten things out and thus to honour any obligatory fees. Title slide/end slide image dimensions: Title slide images must always fit this size: Height: 10.6 cm; Width: 25.4 cm Title slide images must always follow this position: Horizontal: 0 cm; Vertical: 0 cm To change title slide/end slide image: Insert image according to the dimensions and position listed above Right-click on image and select ‘Order/Send to back’ Delete original image Tip: Fit images easily to the right dimension using Vestas drawing guides. Vestas drawing guides will help you position and crop images. Images will snap to drawing guides when repositioned or cropped. To add drawing guides: Right-click on next to slide Select ‘Grid and Guides…’ Check ‘Display drawing guides on screen’ Press ‘OK’ The following slides have been removed from Gene Cuenot’s presentation – contact emerging energy research to learn how to obtain this information North America Wind Energy Market Forecast: 2010–2025 US Wind Cumulative Capacity GW by Region: Base-Case Scenario US Regional Growth: Base-Case North American GW Added by Country: Base-Case