8'NEXT

Including'data'from'Joint'US'Interna<onal'Trade'Commission'Study'

The US and Global Retreading Markets

Evolution of Retreading in the US

07%

NUMBER OF PLANTS HAVE DECLINED WHILE OUTPUT HAS REMAINED SAME t'

0

2000

4000

6000

8000

10000

12000

14000

1950 1970 1990 2012

# of Retread Plants

Types of Retread Plants in US

08%

680'

18' 5' 4'

Commercial'Truck'

OTR'

AircraI'

Passenger'

Commercial Truck Retread Processes in US

09%

US Retreading Systems

10%

0

50

100

150

200

250

300

# of Retread Plants

2012 US Market Share – Retreaded Truck Tires

11%

Environmental Benefits of Retreading Increasingly important in the marketplace and to end users

SmartWay'

Landfills'Raw%Materials'

Execu@ve%Order'

12%

22 Gallons vs. 7 Gallons of Oil

Steel, Natural Rubber, Carbon Black

Millions of tires kept out of landfills

US Government Requirement to Use Retreads

EPA Smartway Verification

2011 US Exports of Retreaded Tires $18 Million Total

13%

$0

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

Mexico Canada Vietnam South Africa EU Guatemala All Other

Thousand $

11%'

K43%'K9%' 710%'

K23%'256%'

58%'

2011 US Imports of Retreaded Tires $11 Million Total

14%

$0

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

Canada EU Korea China Mexico Colombia Israel

Thousand $ 125%'

117%'561%'

54%' 4625%' 250%' 2180%'

2011 Global Exports of Retreaded Tires $253 Million Total

15%

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

$140,000 Thousand $

Global Exports of Retreaded Tires % Change from 2009 - 2011

16%

120% 109%

86%

79%

55%

49% 35% 35% 34%

23%

China Australia South Korea Singapore Canada Hong Kong EU Thailand Malaysia US

2011 Global Imports of Retreaded Tires $155 Million Total

17%

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000 Thousand $

Global Imports of Retreaded Tires % Change from 2009 - 2011

18%

158%

113%

90% 81% 74%

59%

40% 30%

22% 5%

Ukraine Russia US Norway Singapore EU All Other Switzerland Malaysia Mexico

2011 Global Exports of Used Tires & Casings $383 Million Total

19%

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000 Thousand $

Global Exports of Used Tires & Casings % Change from 2009 - 2011

20%

132% 116%

57%

43% 42% 39% 31%

18%

-2% -16%

2011 Global Imports of Used Tires & Casings $300 Million Total

21%

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000 Thousand $

Global Imports of Used Tires & Casings % Change from 2009 - 2011

22%

115%

80%

79%

58%

40% 31%

15% 14% 13% 7% -10%