Greetings from Minda Stoneridge Instruments Ltd 1 Joint

Greetings from Minda Stoneridge Instruments Ltd. 1

Joint Venture 49% 51% Instrumentation, Electronics & Sensors Global Partnership Technology Sourcing Training Full time Engineering Director each from Stoneridge Sweden & USA at MSIL Pune 2

The Journey • 1995 – Inception of Minda Instruments Ltd. • 1999 – Started commercial production from Pune plant • 2000 – Entered 2 W scooter market • 2004– JV with Stoneridge USA – Minda Stoneridge Instruments Ltd. • 2005 – Entered 2 W Motorcycle market, added capability for electronic instrumentation • 2006 – Started exports to Uzbekistan GM • 2008 – Entered 2 W electronic instrumentation • 2011 – Honda Activa business awarded to MSIL • 2012 – Satellite plant at Chennai started • 2013 – Sensor division established, Volvo advance electronics business awarded to MSIL • 2014 – Export to Indonesia market started • 2015 – Achieved Auto Spice level-3 maturity • 2016 – YAMAHA global supplier status

MSIL Facts Product § Mechanical & Electronic instrument clusters & Sensors Facility § 21, 000 sq. mt. Facility at Pune § Satellite plants at Chennai, Uzbekistan Capacity Certification Man power § Installed Capacity to manufacture 5 million units § Spare capacity 30% § TS-16949, ISO-14001, OHSAS-18001 Certified § Engineers & officers – 300, total - 1200 Revenue § Rs 287 Crore in 2015 -16 Serving Customer § In India, ASEAN, Europe, and Russia 4

MSIL Products Instrument Clusters § Mechanical & Electronic instrument clusters Dashboard assemblies § Complete Dashboard Assemblies with Instrument and Switches Automotive Sensors § Speed, Position, Level , Temperature and Pressure Sensors Digital Clocks § LCD and VFD Clocks Infotainment & Controllers § Infotainment § Telemetry § Electronic Controllers and Actuators 5

MSIL Customers Motorcycle& Scooters Pass Car & Utility Vehicles Commercial Vehicle Tractors Export 6

Business Data Sales by Products (INR Crore) Sales by Region (%) INR 287 Cr. Cluster: Segment-wise Contribution to Sales Sensor: Product-wise Contribution to Sales INR 257 Cr. INR 30 Cr.

Products for 2 W Crux Access Saluto Address Activa Ninja 8

Products for 2 Ws CT Export Discover 150 F Platina Boxer BM 150 Discover M 125 Discover M 100 Boxer S export Discover M 150 S 9

Products for 2 Ws 2 Wheelers Centuro Pantero Gusto Rodeo 10

Product Development Capabilities 11

Product Capabilities Ø Minda Stoneridge is working with very wide rage of technologies. Our product range include full mechanical instruments to a complex full electronics with operating system, CAN, UDS, etc. Ø Below is the high level summary of various product technologies we work with to satisfy our customer’s needs Product Technologies Electronics & Electro. Mechanical Clusters Mechanical, Cross Coil, Stepper Motor driven analog meters Segmented, dot matrix and TFT Color LCDs Analog, Digital, PWM and CAN Inputs LED & Lamp Illumination Complete dashboard solutions with instruments, switches and clock Electronic circuit Protection, EMI/ EMC Meets EC, ISO, JIS test requirements & E - certifications Real time operating system software (RTO) Diagnostics, UDS, Boot loader Infotainment FM Radio, USB, Bluetooth interface 12

NPD System Ø Structured New Product Development approach, 7 major approval gates followed from business award to production approvals. Ø Below is the high level overview of the system 13

Mechanical Design & Styling Mechanical Ø Catia, Pro- E, Unigraphics, Ø Optical simulations Ø CAE and FEA (Thermal, Mold flow) Ø GD & T Ø Tolerance stack up Ø DFMEA Ø In house Rapid prototyping machine Styling Ø Product Aesthetics Ø Dial Design & productionize Ø Design Software tools Ø Minolta Light Lab Ø Design from black box / concept 14

Hardware & PCB Ø Ø Ø Ø 8, 16, 32 bit Microprocessors Stepper motor drives Segmented, dot-matrix, TFT LCD capabilities LED drivers for lighting & tell tales Noise, Surge & ESD protections EMI / EMC compatibility CAN, LIN, Data links Ø Ø Ø P-CAD, Protel , Pads Or. CAD Packages SMT and thru hole technology Multilayer PCBs IPC standard layout EMI / EMC consideration 15

Software & SW Testing Ø Ø Ø Modular Design to use proven software blocks RTOS capability Misra Compatibility Independent Software testing & SQA Software process maturity Auto-Spice Level 3 Data. Base Layer Application Layer Service Layer Driver Layer RTOS Software Reuse C C B Unconfirme d Inv alid V ali d Open/Reo pen Confirm ed Lighting CAN Telltales Stepper Motor UDS Chime EEPROM Display Drive Responsibility: Development Team In Progress Impleme nted Postponed Accepte d as a bug Rejected I 2 C Under_Inves tigation More_In fo Resolved Acc epte d C C B Rej ecte d Verification _Started Verified Responsibility: Testing Team State Diagram 16

Tooling & Process Engineering Ø Ø Ø In house tool design and manufacturing Capability In house tool manufacturing facility State of the art machinery Standardization of tooled parts Frequent sharing of best practices with in the group Ø Ø Ø Early involvement in NPD In house jigs & fixtures design & mfg. PFMEA Process and test design Cycle time and line balancing Complete process ownership 17

Product Verification & Validation Ø Ø Ø Ø Ø Product testing as per ISO, JASO, SAE, IEC and Customer Specific standards Hot, cold and thermal shock chambers Combined Vibration & thermal test chambers Dust and water spray Chambers Product Specific Endurance test stands In house Conducted immunity (CI) and ESD test Set ups RI, RE, BI, CE in house facility by Sep 2016 HW verification lab, vehicle integration testing Certification tests at ARAI for EMI / EMC 18

Manufacturing Capabilities 19

Plastic Molding & Dial Printing Molding Ø In house tool Design and manufacturing Ø State of the art machines Ø 50 to 180 tonnage molding machines Ø FIFO for raw materials Ø Centralized material feed Ø Dedicated machines for clear parts Printing Ø Semi automatic screen printing machines Ø Pad printing facility Ø Automatic datum hole and pneumatic dial punching Ø Panton shade card & measurement set up Ø Screen making & Exposing facility Ø 3 D dial (Thermoformed ) capabilities Ø Dark room 20

PCB & Final Assembly PCB Assembly Ø Automatic PCB & Stencil Cleaning Ø Dedicated Lead free line Ø In line 3 D SPI (Solder Paste Inspection) Ø 2 D AOI (Automatic optical inspection) & ICTs Ø Robotic & Selective soldering machine for through lead Ø Conformal coating facility Ø High speed de paneling machine Ø Functional testing rigs Final Assembly Ø Flexible lines with quick product changeover features Ø Dedicated lines for high volume products Ø Extensive poka-yoke and SMED techniques Ø Vision based end of line testing Ø Robotic pointer pressing Ø 100 % Burn in and Vibration tests at EOL 21

Cost Comprehensive Product Solutions through Innovation, Technology and Value add proposals 22

Built in Speed Sensor Electronics on Cluster PCB Rotating magnet mounted on bearing block & housing

DTE Function for 2 W instruments Ø MSIL has developed for the first time a fuel consumption and distance to empty feature for a motorcycle cluster using a specially developed Fuel level sensor and intelligent algorithms. This also has boot loader to re-flash entire software in the field.

Trip Computer for 2 W Ø Peak speed Ø Average Speed Ø Moving average Speed Ø Total time Ø Trip time Ø Moving time Ø Total distance Ø Trip distance

Fully Digital Clusters Ø Ø Fully digital with all function LCD Tell tales (Right turn, left turn & high beam) Telltale & illumination using LEDs 16 pin rigid connector Interface 26

Built in Immobilizer RF antenna Immobilize signal to EMS Ø MSIL & MCL work together on technologies to provide Immobilizer built in to the Cluster instruments

Immobilizer Ignition Transponder reading distance - 5 cm (~2 in. ) typo Down Link & Uplink Frequency: 125 KHz Transponder(PCF 7936 AA) Control ` Unit RF Module PCF 7991 A Lock casting CAN Bus Antenna System components: • Control Unit • RF Module • Transponder

Immobilizer block Diagram Antenna ECU + Cluster instrument CAN Transceiver MCU + cluster I/O RF Front End PCF 7991 8 MHz VDD 12 V from GND DC-DC CAN bus EMS

Technology Focus

Product Technology Roadmap § Instrument cluster with Immobilizer § Color TFT display in clusters § Smart Phone (Android) applications § Configurable display § Tyre Pressure Monitoring system § ADAS functions § Center DIS (Driver information system units) § Common Platform Proto cluster § Instrument cluster with Multimedia capability § Basic BCM functions in cluster (Flasher, Wiper…) 2016 -17 2015 -16 § Telematics § Tachograph 2017 -18

Capability Enhancement Roadmap § External camera interface / Image processing § HW circuit simulation capability § Optical simulation capability § HMI & high end LCD graphics § Flex ray & MOST network § Thermal management § Autosar SW architecture § Ergonomics study (Obscuration & Reflectivity) § Common Platform design with SRE 2017 -18 2016 -17 2015 -16

Spark Minda Technical Center at Chakan Pune • • • State of the art test, measuring and analyzing equipment's Schematic design and simulation software Embedded development tools Communication , Graphics, HMI development tools • • Design Simulation Validation Prototype • • Development Management Testing Standardization Electronic Hardware Embedded Software development tools CAN , Lin Flex ray, Most tools Graphic & HMI tools VT Software test set up Software life cycle management tools • Product specific custom made DV/PV test set up • Automatic Product Endurance test set ups • 1 meter EMI/EMC component test chambers for RE, CE, RI, CI and ESD test as per ISO/JIS/ Customer specific standards Electronic Validation Mechatronics • • • DV/PV • Endurance • EMI/EMC • • • Design Simulation Analysis Prototype System testing 3 D Design tools Simulation and analysis tools 3 D printing and prototyping facility Sensors , Actuators and Drive system Integration Ready and Operational by Oct-2016

Minda Advantage Capability Quality Cost Ø 20 year experience in instrumentation Ø JV support in electronic Technology Ø State of the art facility for engineering, testing and manufacturing Ø Qualified and experienced human resources Ø TS 16949 certified Quality systems Ø Good Quality rating from Existing customers Ø Dedicated teams for Component , process development and Software Quality assurance Ø Component & functional block standardization Ø Ø Ø Dedicated team for Bench marking & Cost analysis Lean and TPM approach Common sources with in group and Stoneridge Global Overheads, indirect cost control & VAVE programs Supply chain & supplier Quality support teams. 34

Minda Advantage Development Delivery Services Ø Ø Ø Structured gate system development process Flexibility in providing appropriate solutions State of the art faculties, tools and processes APQP and early vendor involvements Full time Stoneridge director support in design reviews Ø 100% on time delivery Ø “ 0” incidents of supply shortages with Buffer stocks Ø On time delivery awards from most of the customer Ø Ø Regular progress sharing during development Period visit by Quality and operation teams Immediate response & interim actions on issues Customer satisfaction surveys and proactive service improvement programs 35

Ø MSIL has the required Capability to provide cost effective and high end electronic Speedometer assembly solution. Ø Can meet the challenges in QCDD Ø Request for an opportunity to demonstrate our capability Partnership with You Moving In the right path together 36

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