Piaggio & C. S.p.A.

• Established in 1884 in Italy

• Leader in the European 2-Wheel Market

• Present globally in over 60 countries

• 6 manufacturing facilities and 5 R&D sites

• 653.000 vehicles sold in 2011

• 7.600 total employees worldwide

• Listed on the Italian Stock Exchange

since July 2006

The Piaggio Group

Piaggio & C. SpA - Snapshot

2010 2011 2012

Net revenues (Millions of Euro) 1.485 1.517 1.406

Sales volumes (Units/000) 628 653 616

Employees at the end of the period (number) 7.529 7.619 8.129

Brand Portfolio

Piaggio Group

2 Wheels Commercial Vehicles

Plants and main branches

Commercial branches

International Presence

Baramati, India

PVPL

Commercial Vehicles plant

Hanoi, Vietnam

Piaggio Vietnam

2-wheels plant

New York, U.S.A.

Piaggio Group Americas

2-wheels business

Singapore

Piaggio Asia Pacific

2-wheels business

Foshan, China

JV with ZongShen

2-wheels business

Yokohama, Japan

Piaggio Japan

2-wheels business Pontedera, Italy

Piaggio Headquarters

Pasadena, U.S.A.

Motorbike Design Center

A Strong Brand Heritage

1948:

1969:

Ape was born to provide a simple solution to working needs

Ape 50 was born More than 1.000.000 Ape sold worldwide

1992: Piaggio Porter The first 4 wheels commercial vehicle

1995: Piaggio Porter Electric The first electric commercial vehicle

1999: New Indian Plant Worldwide operations started with Apé

2004: Piaggio Veicoli Trasporto Leggero Reinforce 4 wheels presence

2008: Eco-solution Product Range New Logo

Piaggio Commercial Vehicles

Business Unit profile (history, main figures, values)

Snapshot

• 30 markets of direct presence

• 2 vehicles production plants, in Italy and India

• 1 new engine plant in Baramati, India

• Over 200.000 vehicles produced annually

Turnover Trend

2004

237

mln€

390

mln€

2008 2009

421

mln€

2010

497

mln€

2011

470

mln€

Solution

Piaggio Commercial Vehicles Mission

The best for intra-city transport and service,

focused on the Last Mile

Provide solutions to the needs of short range professional mobility by offering a product

range of commercial vehicles characterized by compactness, agility, high payload and

environmental friendliness.

Need

Compact size

Agility and Small steering radius

Great Payload

Porter

835 kg 630 kg 1.100 kg

Maxxi Quargo

735 kg

Direct

Competitor

Piaggio Porter Commercial Vehicles

3,7 m Average: 5,3 m.

Best: 4,5 m.

1,4 m 1,6 m

3,4

m

4,2

m

Piaggio Commercial Vehicles

Competitive Drivers

Product Range - Europe

Ape 50 Ape TM Ape

Calessino

Quargo Porter Porter

Maxxi

Model

50cc

moped

Tri cycle Tri cycle Heavy quadri

cycle

N1 class LCV N1 class LCV

Profile

- Entry level vehicles

- High efficiency (payload vs.

GTW and running cost)

- All-terrain capability

- Individual transport

- Hobbies / free time transport

- Local commercial transport

- Advertising / communication

medium

- Trendy

commuter

- For holiday

sites

- Advertising

medium

- Entry level 4

wheel vehicle

- High efficiency

- Local

commercial

transport

- Most compact LCV

- Smallest steering radius

- Great payload-to-GTW

ratio

- Eco-fuels and Electric

available

- Best for intra – city

commercial transport

- Up rated payload

version of Porter

- Full size truck

payload

- Eco-fuel available

- Best for heavy

loads in narrow

streets

3 – wheels 4 – wheels

Class N1 Commercial Vehicle

Engine 1.201cc in-line twin cylinders Diesel Euro5 (47 kW)

1.308cc in-line four cylinders Petrol Euro 5 (52 kW)

1.308cc in-line four cylinders EcoPower petrol + LPG Euro 5 (51 kW)

1.308cc 1.308 cc in-line four cylinders GreenPower petrol + CNG Euro 5 (46 kW)

ElectricPower separate excitation continuous current 11kW 96 Volt

Max Speed 130 km/h - (125 km/h metano – 55 km/h Electric)

Drive Wheels Rear

Max Payload 850 kg (Deck); 750 kg / 3 m3 (Van)

GTW 1.1500/1.700 kg (Diesel/Petrol/LPG/CNG); 1.800 kg (Electric)

Technical Specifications

Porter: Top Versatility for Any Situation

• Environmentally friendly engines: no traffic restrictions, total environmental respect

• Easy-to-access loading bay and great payload

Pick Up: Maximum Versatility

• Oversize deck, or the one and only

compact tipper deck in the market.

•“All flat” solutions and opening “walls” on

all 3 sides

• Payload up to 850 kg

Van: Ideal for Urban Delivery

• 2 sliding side doors OEM plus the wide rear door

• Wide and versatile internal volume (3 cubic

meters)

Pick Up

Chassis

Van

Window Van 4 passengers

Tipper

A Complete and Flexible Range

Customization variety of outfits - Porter

Porter Maxxi: best payload/dimensions ratio

Class N1 Commercial Vehicle

Engine 1.201cc in-line twin cylinders Diesel Euro5 (47 kW)

1.308cc in-line four cylinders Petrol Euro 5 (52 kW)

1.308cc in-line four cylinders EcoPower petrol + LPG Euro 5 (51 kW)

1.308cc in-line four cylinders GreenPower petrol + CNG Euro 5 (46 kW)

Max Speed 120 km/h

Drive wheels Rear

Payload 1.120 kg( deck, petrol ); 1.100 kg (deck, Diesel); 1.085 kg (deck.

EcoPower); 1.010 kg (deck. GreenPower)

GWT 2.200 kg

Power and versatility - Models

Pick Up

Chassis Tipper (long bed) Tipper (short bed)

DIESEL PETROL – BIFUEL

• Architecture: in-line twin cylinder

• Displacement: 1.201 cc

• Fuel system: common rail direct injection

• Compression ratio: 17,5:1

• Timing system: single overhead camshaft –

8 valves

• Architecture: in-line four cylinders

• Displacement: 1.308 cc

• Fuel sysem: multipoint injection

• Compression ratio: 9,3.1

• Timing system: double overhead camshaft –

16 valves

Engine Family: Termic Version

• Common rail

• Trubocharging

• EGR

• DPF (Diesel Particulate

Filter)

• Electronic engine control

145 141,8 126,91,02

500

230180

5

0

100

200

300

400

500

CO (g/km) HC+NOx NOx PM

(m

g/

km

)

Piaggio P120 Euro5 Limit

-71% -38% -29% -80%

145 141,8 126,9

1,02

500

230180

50

100

200

300

400

500

CO HC+NOx NOx PM

(g/

km

)

Piaggio P120 Euro5 Limit

145 141,8 126,9

1,02

500

230180

50

100

200

300

400

500

CO HC+NOx NOx PM

(g/

km

)

Piaggio P120 Euro5 Limit

Euro 5 – Emission

Engine Family: P120 (Diesel)

• Engine Control Unit

• Catalytic Converter 499,5

65 24

1.000

100 60

CO (g/km) HC+NOx NOx

(mg

/k

m)

Euro5 Limit

Piaggio MultiTech

-35% -60% -50%

MultiTech Euro5 - Emission

Engine Family: MultiTech

Petrol + LPG Petrol + CNG

Engine Family: MultiTech Bi-Fuel

164 g/km

146 g/km

130 g/km 129 g/km

0

20

40

60

80

100

120

140

160

180

Porter MultiTech Porter EcoPower Porter GreenPower Porter D120

CO

2

Engine Family: Compare CO2 emission

Class N1 Commercial Vehicle

Engine Brusa separate excitation continuous current

Max Speed 55 km/h

Batteries Long-endurance, Maintenance-free Gel

Lead batteries easy to dispose and no memory effect

Range Over 110 km per single recharge

Battery Recharge Time 8 hour standard cycle at 220 V (2,5 hour fast cycle at 380 V)

Power 11 kW (96 V)

Max Payload 540 kg (Deck); 520 kg (Long Deck); 450 kg (Tipper Bed); 470 kg (Van)

GTW 1.800 kg

Technical Specifications: Porter ElectricPower

Quargo

Class Heavy Quadricycle

Engine 686cc Diesel twin cylinders

Max Speed 80 km/h

Power 13 kW

Drive wheels Rear

Payload 735 kg

Running Costs -60% compared to a N1 Class Commercial Vehicle

Can be driven by age 16 with A1 license, or by age 18 with B license

Tipper Bed

Deck

Box

Great manoeuvrability and saving - Models

Product Range - Europe

Ape 50 Ape TM Ape

Calessino

Quargo Porter Porter

Maxxi

Model

50cc

moped

Tri cycle Tri cycle Heavy quadri

cycle

N1 class LCV N1 class LCV

Profile

- Entry level vehicles

- High efficiency (payload vs.

GTW and running cost)

- All-terrain capability

- Individual transport

- Hobbies / free time transport

- Local commercial transport

- Advertising / communication

medium

- Trendy

commuter

- For holiday

sites

- Advertising

medium

- Entry level 4

wheel vehicle

- High efficiency

- Local

commercial

transport

- Most compact LCV

- Smallest steering radius

- Great payload-to-GTW

ratio

- Eco-fuels and Electric

available

- Best for intra – city

commercial transport

- Up rated payload

version of Porter

- Full size truck

payload

- Eco-fuel available

- Best for heavy

loads in narrow

streets

3 – wheels 4 – wheels

Ape 50

Class 50cc Moped

Engine 50 cc Benzina

Max Speed 38 km/h

Steering By handlebar

Drive wheel Rear

Payload 205 kg

Driving

Licence

Can be driven by age 14 with 50cc license

Van Ape Cross

Deck(standard/long)

Top (alloy sides)

Ape 50: Models

Ape TM

Class Tricycle

Engine 218 cc petrol

Max Speed 65 km/h

Steering by handlebar or steering wheel

Drive wheel Rear

Payload 805 kg

Driving

Licence

Can be driven by age 16 with A1 license or by age 18 with B license

Available in the following versions:

Handlebar Steering

wheel Deck(standard/long)

Van

Tipper

Chassis

Ape TM: Models

New Ape Calessino 200

Data to be confirmed during homologation

Performances

Max Speed: 60 km/h

Fuel Consumption: 33 km/l F.C. IDC Cycle

Gradeability: 18%

New Piaggio Petrol engine 200cc

Type: Single Cylinder – 4 Stroke Max Power: 7,6 kW @ 4.500 rpm Max Torque: 16,2 Nm @ 3.000 rpm Gear box: Mechanical, 4 gears + reverse

Suspensions System Front: Leading arm, hydraulic shock absorber with coaxial coil spring Rear: Semi trailing arm, hydraulic shock absorber with rubber bumper Steering: Steering column with handle bar control Brakes: Internal expanding shoes with hydraulic actuation (Foot operated) Tyres: Cross ply, 4"-8", 4PR Wheel Rim: 3D x 8”

Technical Specifications

Courtesy Seat Back Pockets New Dashboard

Underseat Shelf

Maximum Usability

Versatile Sunroof System

Features

Western Red Artic White Charming Blue

Color Range

34

Food & Drink

Moving shop

Brand

Promotion

Customization variety of outfits - Ape