ANAND Group Corporate Presentation

July 2017

© ANAND 2017. All rights reserved.www.anandgroupindia.com

AUTOMOTIVE LUXURY HOTELS

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LEADING PLAYER ACROSS TWO VERTICALS

1.3BILLION US DOLLAR REVENUE

62LOCATIONS

16 JOINTVENTURES

19COMPANIES

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16,000EMPLOYEES

FACTS AT A GLANCE

7TECHNICAL COLLABORATIONS

1961 - 1970

Humble beginnings

1961 Established Gabriel India

1964JV with Victor (subsequently bought by Dana) for gaskets

1967Launched filter products with Purolator

1971 - 1980

Early focus on community

1970 - 75JV with Dana Corporation for piston rings. Gabriel’s engine bearing division started with technical support from FM

1976SNSF, a dedicated CSR wing

1978ANAND School

1981 - 1990

Acquiring talent

1980sHiring IIM grads and Chartered Accountants

1983Focus on exports started

1986Gabriel in Nashik introduced cellular manufacturing

1991 - 2000

Successfully collaborating

1990sNew JV’s - CY Myutec/CYI, Dana /Spicer, Behr, Mando, Henkel, Valeo & Haldex

1993 - 95ANAND U & ANAND Farm

1998Indian managers deputed to JV partners

2001 - 2010

Diversifying portfolio

2000s New JVs - MAHLE, CY Myutec, Faurecia, FM for bearings & Takata

2003Deep C Anand Foundation and ANAND Supervisory Board

2007Diversification into luxury hospitality: SUJÁN

Federal-Mogul (FM)

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Our History

SIX DECADES OF BUILDING TRUST

2011 onwards

Continuing growth

2010sNew collaborations with Mando, FM and Seiken

2012Business Visionary Award by NITIE to Mr. Deep C. Anand

2013Mr. Jaisal Singh elected to Board of Directors, Relais & Châteaux

2016Mrs. Anjali Singh receives Women Achievers Award from FICCI

Group I: Mando, Spicer, SUJÁN, Takata I Group II: Anand CY Myutec Automotive, CY Myutec Anand, Haldex, MAHLE Behr, MAHLE Filter Systems

Group III: Anand I-power, Faurecia, Federal-Mogul Anand Bearings, Federal-Mogul Anand Sealings, Valeo Friction, Valeo Services, Faurecia I Group IV: Gabriel I Group V: Henkel, Ansysco Anand/Anchemco Anand

ANAND Executive Committee

Deepak Chopra

Chief Executive Officer Chairman, AEC Head Business Group I

Sunil Kaul

Group President Excellence in Manufacturing, Innovation & TechnologyHead Business Group II

Mahendra K Goyal Group President AftermarketHead Business Group III

Manoj Kolhatkar

Group President Business Development and Corporate MaterialsHead Business Group IV

Jagdish Kumar

Group President Group Chief Financial Officer Head Business Group V

ANAND Supervisory Board

Jaisal Singh

Chief Executive, SUJÁN Luxury

Aditya Narayan

Ex-President & CEO,BHP Billiton India

Rohit Arora

Founder & Chairman, Silverskills

Lorenzo Piaget

Partner,Piaget & Cie

Tejpreet Chopra President & CEO,Bharat Light Power

Anjali Singh

Chairperson, ASB Excecutive Chairperson,Gabriel India

Deep C Anand

Chairman & Chief MentorDCA Foundation

Deep C Anand Foundation

LEADING THROUGH STRONG GOVERNANCE

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LEADING THROUGH STRONG GOVERNANCE

Strategic goal is to double revenues to 2.2 Billion US Dollars by 2020

ATTAIN LEADERSHIP

IN TECHNOLOGY

CREATE INSPIRED LEADERSHIP & PROMOTE

ENTREPRENEURIAL SPIRIT

ACHIEVE SUPERIOR BUSINESS

PERFORMANCE & GROWTH

ASPIRE AND DARE TO BE

INNOVATIVE

STRENGTHEN CORPORATE

GOVERNANCE & CITIZENSHIP

DEVELOP, EMPOWER &

GROW PEOPLE

BUILD & SUSTAIN STRATEGIC

PARTNERSHIPS

BE THE FIRST CHOICE FOR CUSTOMERS

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Vision

To Create Value Sustainably Through Pursuit of Excellence and Good Governance

DIRECTING THE FUTURE STRATEGICALLY

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Growth• Be top 3 player in each segment• Aim to grow ahead of the market • Target 8% Operating Margin

People• Live by “Business is 90% people”• Attract and retain talent • Empower people and encourage accountability• Develop people for required skills and experience

Customers• Become the preferred supplier of our customers• Provide value and exceed customer expectations• Nurture strong and enduring customer relationships

Manufacturing & Technology• Achieve operational excellence through lean production systems• Develop supplier base through VSME* program• Aim to spend 2% of sales in R&D• Develop innovative processes and products to stay competitive

QUALITY• Foster a culture of quality• Deploy world-class quality standards, tools and systems

Partnerships• Build and sustain strategic partnerships• Exchange best-in-class management practices between partners• Strengthen “Unified corporate entity”

Corporate Citizenship & Governance• Be always ethical• Enhance fairness and transparency• Strengthen CSR activities under SNS Foundation• Ensure robust strategic planning and execution• Strengthen governance through ANAND Supervisory Board

ANAND BELIEFS & BUSINESS PHILOSPHY

*VSME: Visionary Small and Medium Enterprise

Business Visionary Award 2012 Conferred by NITIE

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BEING CLOSE TO CUSTOMERS

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TECHNICAL LICENSES

JOINT VENTURES

USA

EUROPE

AFRICA

KOREA

JAPAN

PARTNERSHIP BASED MODEL

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PARTNERING WITH GLOBAL LEADERS

JV PARTNERS HEADQUARTERS REVENUE EMPLOYEES BUSINESSES

CY Myutec Korea KRW 135 Billion

210 Synchroniser rings for transmissions

DANA USA $ 5.8 Billion

24,900 Highly engineered driveline, sealing and thermal-management technologies

Faurecia France € 18.7 Billion

98,608 Seating, Interior systems and Emissions control

Federal-Mogul USA $ 7.4 Billion

53,000 OE: Pistons, bearings, seals, gaskets, ignition coils, etc. Aftermarket: Wipers, brake friction, chassis components etc

Haldex Sweden SEK 4.4 Billion

2,033 Brake and suspension systems for commercial and off-highway vehicles

Henkel Germany € 18.7 Billion

51,350 Laundry & Home Care, Beauty Care and Adhesive Technologies

MAHLE Germany € 12.3 Billion

76,632 Engine systems, filtration, electrics/mechatronics and thermal management

Mando Korea KRW 5.8 Trillion

4,300 Brakes, suspension and steering. Halla Group: Logistics, transportation, construction, heavy industry etc

Takata Japan Yen 662.5 Billion

50,530 Safety systems, airbags, child restraint systems etc

Valeo France € 16.5 Billion

91,800 Comfort and Driving Assistance Systems (interior controls and electronics, driving assistance), Powertrain Systems (electrical, electronic, transmission and engine system), Thermal Systems, Visibility Systems and Valeo Service (aftermarket)

50+ OEM Customers across Two Wheelers, Three Wheelers, Passenger Cars, Commercial Vehicles Railway Segments and Engine Components

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AUTOMOTIVE CUSTOMER PRESENCE

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ENGINE PARTS FILTRATIONSTEERING,

SUSPENSION & BRAKING PARTS

SAFETY PRODUCTS

EMISSION CONTROL SYSTEMS

THERMAL MANAGEMENT

ENGINEERED FLUIDS

DRIVETRAIN

AUTOMOTIVEPRODUCT PORTFOLIO

ANAND I-POWER(Formerly Perfect Circle India Limited)

JV: FEDERAL-MOGUL CORPORATION, USA

PISTON RINGS & CAST IRON COVERS/PLATES

MAHLE FILTER SYSTEMS INDIA

JV: MAHLE FILTERSYSTEME GMBH, GERMANY

VALVE COVER MODULES, AIR INTAKE MANIFOLDS SYSTEMS, AIR CLEANER MODULES, FUEL & OIL FILTER MODULES, OIL MIST SEPARATORS & SPIN-ON OIL FILTERS

FEDERAL-MOGUL ANANDBEARINGS INDIA

JV: FEDERAL-MOGUL CORPORATION, USA

BI METAL COPPER LEAD &ALUMINUM TIN BEARINGS,BUSHES, FLANGES & THRUSTWASHERS

FEDERAL-MOGUL ANAND SEALINGS INDIA

JV: FEDERAL-MOGUL CORPORATION, USA

GASKETS, HEAT SHIELDS & OIL SEALS

• Engine Parts• Filtration

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AUTOMOTIVEPRODUCT PORTFOLIO

GABRIEL INDIA

TL: KYB CORP. , JAPAN; YAMAHA MOTOR HYDRAULIC SYS-TEMS, JAPAN; KYBSE, SPAIN and KONI BV, THE NETHERLANDS

SHOCK ABSORBERS,STRUTS, FRONT FORKS,GAS SPRINGS, COOLANTS & BUSHKITS

MANDO AUTOMOTIVE INDIA

JV: MANDO CORPORATION, KOREA

HYDRAULIC BRAKES, ELECTRIC POWER STEERING SYSTEMS, SHOCK ABSORBERS and STRUTS

TAKATA INDIA

JV: TAKATA CORPORATION, JAPAN

SEAT BELTS, AIRBAGS & STEERING WHEELS

• Steering, Suspension & Braking Parts• Safety Products

HALDEX INDIA

JV: HALDEX AB, SWEDEN

SELF-SETTING AUTOMATIC BRAKEADJUSTERS, MANUAL SLACK ADJUSTERS, CONDENSOR-CUM-SEPARATOR, ABS & OTHERAIR BRAKE PRODUCTS

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AUTOMOTIVEPRODUCT PORTFOLIO

HENKEL ANAND INDIA

JV: HENKEL TEROSON GmbH, GERMANY TL: SUNRISE MSI, JAPAN

SEALANTS, ADHESIVES, COATINGS &NVH PRODUCTS

ANSYSCO ANAND AND ANCHEMCO ANAND

TL: LIQUI-MOLY, GERMANY; SEIKEN CHEMICAL INDUSTRY COMPANY, JAPAN

RADIATOR COOLANTS, PVC ADHESIVES,SEALANTS, ENGINE OILS, LUBRICANTS &CAR CARE PRODUCTS

MAHLE BEHR INDIA

JV: MAHLE BEHR HOLDING GmbH, GERMANY

AIR CONDITIONING, ENGINE COOLING SYSTEMS, VISCO FANS& EXHAUST GAS RECIRCULATION COOLERS

• Emission Control Systems• Thermal Management• Engineered Fluids

FAURECIA CLEAN MOBILITY

JV: FAURECIA EMISSIONS CONTROL TECHNOLOGIES, FRANCE

EXHAUST MUFFLER ASSEMBLIES, CATALYTIC CONVERTERS, INSTRUMENT PANEL REINFORCEMENT ASSEMBLIES (IPRT) & DOOR SIDE IMPACT BEAMS (SIB)

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AUTOMOTIVEPRODUCT PORTFOLIO

SPICER INDIA

JV: DANA HOLDING CORPORATION, USA

AXLES, DRIVE SHAFTS& DRIVETRAIN COMPONENTS

VALEO FRICTION MATERIALS INDIAVALEO SERVICE INDIA AUTO PARTS

JV: VALEO, FRANCE

NON-ASBESTOS, SOLVENT & LEAD-FREECLUTCH FACINGS

WIDE RANGE OF AUTOMOTIVE PARTS FOR AFTERMARKET

ANAND CY MYUTEC AUTOMOTIVE CY MYUTEC ANAND

JV: CY MYUTEC, KOREA

HIGH PRECISION SINGLE CONE & MULTI-CONE SYNCHRONIZER RINGS OF BRASS & STEEL

• Drivetrain

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AUTOMOTIVEPRODUCT PORTFOLIO

Established in 1961

Total revenue of INR 15,345 Million & Profit before tax of INR 1108 Million (7.2%) during 2016-17

Publicly listed entity

Pioneer of Ride Control Products in India

Product range: Shock Absorbers, Struts, Front Forks, Seat Dampers, Cabin Dampers

Market leader in India

7 manufacturing plants and 4 satellite facilities

Strong R&D with over 43 patents filed till date in products and processes

Recognised for its HR practices; Ranked 52nd amongst “India’s Top 100 Great Places to Work” by Great Place to Work®. Recognised third year in a row

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AUTOMOTIVE GABRIEL, THE FLAGSHIP COMPANY

A collection of iconic and experiential properties

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LUXURY HOTELSPROPERTIES & EXPERIENCES

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SUJÁN has established itself on the global high-end luxury tourism scene and has won prestigious accolades.

ACCOLADES

• The Gold List - Condé Nast Traveler, 2017• Top 100 Hotels in the World - Tatler, 2016 • Andrew Harper Annual Grand Awards, 2016• The Gold List - Condé Nast Traveler, UK & USA, 2016 • The Hot list - Condé Nast Traveller, UK & USA, 2015• Most Beautiful Hotels in the World, Hotels by Design Guide, House & Garden, 2015 • Andrew Harper Hideaway Report, 2015

LUXURY HOTELSGLOBAL RECOGNITION

‘JAWAI-Land of The Leopard’ Book Launch by Rajasthan CM Vasundhara Raje in Bikaner House, New Delhi, 2016

SUJÁN Rajmahal Palace 2017*

Sher Bagh, Ranthambore 2015#

Jawai, Jawai Bandh 2014^

* Outlook Traveller Awards 2017 - SUJÁN Rajmahal Palace, Jaipur | # Outlook traveller awards 2015 - Sher Bagh, Ranthambore | ^ CNBC Awaaz Travel Awards 2014 - Jawai, Jawai Bandh

BUSINESS DEVELOPMENT AFTERMARKET HUMAN RESOURCES

OPERATIONS, MANUFACTURING & SERVICES EXCELLENCE, CORPORATE MATERIALS

TECHNOLOGY & INNOVATION INTERNAL AUDIT, CORPORATE FINANCE, TAX & LEGAL

CORPORATECOMMUNICATIONS

CORPORATE SOCIAL RESPONSIBILITY

MANAGEMENT & GOVERNANCE

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ANAND GROUP CORPORATE

Customer Relationships• Leveraging automotive industry network built across five decades• Holding Customer Technology Days• Conducting customer satisfaction surveys Business Intelligence• Market intelligence & analysis – Market, Regulatory, Customers, Competitors• Identifying new business opportunities

Voice in the Industry• Membership and representation in industry associations (ACMA, FICCI, CII, etc.)• Visibility in industry publications and presence in trade shows and exhibitions

AUTO EXPO 2016

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BUSINESS DEVELOPMENT

VECV Tech Day 2014 JCB Tech Day 2015 Ashok Leyland Tech Day 2016

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BUSINESS DEVELOPMENT - LEVERAGING WITH KEY CUSTOMERS ACROSS THE GROUP

Auto Expo 2016

Daimler Tech Day 2016

MahindraTech Day 2017

Maruti Suzuki Tech Day 2017

Technology Days and Auto Expo are an integral part of customer connect and branding for ANAND Group companies.

Maruti Suzuki ‘Overall Excellence Award’ - Chang Yun India, 2016

Hyundai India ‘Supply Chain Excellence Award’- Mando India, 2015

BOSCH ‘Best Supplier Quality Award’ - Anchemco Anand, 2015

Golden Peacock Award for Innovation Management - ANAND Group, 2015

Spicer India received award for Supplier Development at ACMA AGM 2016

Chang Yun India won awards for Human Resources & Quality and Productivity at ACMA AGM 2016

ANAND Group was conferred with the prestigious ‘Business Partner of the Year-Automotive Division’ award for 2015-2016 by Mahindra

Gabriel India won awards for Human Resources & Supplier Development at ACMA AGM 2016

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BUSINESS DEVELOPMENTGARNERING CUSTOMER APPRECIATION

Career Mobility – Cross-fertilization of skills and growth opportunities across ANAND companies and JV Partners

Hiring Talent – We hire talent from premium institutes

ANAND is an HR Innovator, being at the forefront of HR Practices for decades

OE Model - Pioneered the “Operating Engineer” Model, which has enabled ANAND locations being manned by educated work force and being union-free

World of Opportunity – ANAND people are sent overseas for training to JV partner locations, as well as to MIT and Oxford University

Developing Leadership from within - Most of ANAND’s senior management today has grown within the Group• Every potential leader is groomed through intensive Leadership Development & Training programs like AMP* and ALDP#

• Talent management programmes are supported through mandatory mentoring and coaching programmes

*AMP - ANAND Mentor Programme #ALDP - ANAND Leadership Development Programme

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HUMAN RESOURCESNURTURING AND GROOMING OF TALENT

Employing women on the shop floor

Wide spread reach and diverse workforce

ANAND strongly believes in the empowerment of women

Currently 14% of the workforce are women, with the target being 30%

Some locations have up to 95% women on the shop floor

Complete accommodation facilities and amenities provided to encourage women to seek employment

With presence in 61 locations across India, ANAND employs talent from diverse backgrounds and geographies

It is this diversity that supports our basic ethos of inclusive growth, reflected across management levels

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HUMAN RESOURCESEMPOWERING A DIVERSE WORKFORCE

‘ANAND U’ is the ANAND Corporate University that covers the HR development needs of Group companies

ANAND U has been contributing towards people development since 1991

The university offers training support and guidance through three academies• Leadership Academy• Operational Academy• Developmental Academy

It is focused on four major areas of people development - Operational Excellence, Talent Development, Technical Interventions and Development of Operating Engineers

Development of training modules • Classroom for face to face• E-learning• Engaging with internal and external faculity

“BUSINESS IS 90% PEOPLE” MR. DEEP C ANAND

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HUMAN RESOURCESDEVELOPING RESOURCES THROUGH ANAND U

Visionary Leaders For Manufacturing (VLFM) - VLFM programme was started by CII in partnership with Japan International Co-operation Agency (JICA). Through VLFM, ANAND Senior Managers are given unique leadership perspectives (70 managers trained in VLFM since 2007)

Visionary Small And Medium Enterprises (VSME) - VSME is a programme under the VLFM umbrella, focused on Tier 1 and Tier 2 suppliers. It aims to achieve a win-win relationship between customers and suppliers and also to improve manufacturing (quality, cost, delivery) of suppliers (Dedicated team of ANAND engineers has helped around 500 suppliers since 2009)

ANAND Heijunka Production System - Moving plants from traditional manufacturing to world class practices

Specialized Training for Operating Engineers (STOE) - 15 % OEs trained through various technical training programmes to specialize in areas of interest e.g. maintenance

Safety of all employees is of paramount importance across all Group companies

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OPERATIONSPURSUING EXCELLENCE IN MANUFACTURING

SNS (Sant Nischal Singhji) Foundation, the CSR wing of ANAND was founded in April 1976.

Mission : Mobilize participation of benefactors from all sections of society to work towards sustainable development of marginalised sections – particularly women, by following a rights based and empowerment approach.

10,000 Rural families access Micro-Credit4,000 Nashik tribal women self-employed

MONETARY SUSTAINABILITY

HEALTH AWARENESS

EDUCATION ACCESSIBILITY

VOCATIONAL TRAINING

25,000 Youth educated for employment 25,000 Youth employed in ‘Aide et Action International’ and ‘AIF’

2,00,000 Hilly and tribal people get health services 7 Awareness drives in 7 States on Girl Child and HIV/AIDS

1,00,000 Government school students get quality education3,000 Out-of-school children provided education annually

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CORPORATE SOCIAL RESPONSIBILITY HAVING AN IMPACT IN COMMUNITIES NEAR-BY

Ethics - Ethics forms a very important component of ANAND Group belief and its practices. Employees, suppliers and vendors are encouraged and guided to maintain the highest level of ethical practices• Group Ethics Committee• Anonymous hot line facility through KPMG Prevention of Sexual Harassment - This is taken very seriously at ANAND. A committee oversees activities related to educating employees, developing sensitivities to the issue, and evaluating complaints

360 Degree Feedback – ANAND is well known for its practice of transparency and formal feedback. It was one of the first companies to establish 360 degree feedback across levels

Open Discussions - We encourage open discussions and dialogues as the main means to sort out differences and improve functioning

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MANAGEMENT & GOVERNANCEPURSUING ORGANIZATIONAL TRANSPARENCY

WE DRIVE ANAND AS A UNIFIED CORPORATE ENTITYWE ASPIRE TO BE A WORLD-CLASS ORGANISATIONWE ENCOURAGE ORGANISATIONAL TRANSPARENCY

WE VALUE INTEGRITYWE ENCOURAGE INNOVATION

WE NURTURE TALENTWE SUPPORT CONTINUOUS EDUCATION

WE BUILD TRUST AND EMPOWER PEOPLEWE PRACTICE OPEN AND HONEST COMMUNICATION

WE RECOGNISE AND REWARD ACHIEVEMENTWE ARE AN EQUAL OPPORTUNITY EMPLOYER

WE ARE COMMITTED TO SOCIAL RESPONSIBILITY

THE ANAND WAY

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LIVING THE “ANAND WAY”

www.anandgroupindia.com

DRIVING WITH YOU SINCE 1961

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