Presentation By MINDA SAI LTD 1 Table of

Presentation By MINDA SAI LTD. 1

Table of Contents 1. Overview : Spark Minda, Ashok Minda Group 2. Overview : Spark Minda Group – Wiring Harness Business 3. Company Presentation : Minda SAI Ltd 2

Table of Contents 1. Overview : Spark Minda, Ashok Minda Group 2. Overview : Spark Minda Group – Wiring Harness Business 3. Company Presentation : Minda SAI Ltd 3

GROUP OVERVIEW Primarily Automotive Industry Founded in 1958 by Late Shri. S. L Minda UZAVTOSONOAT Spark Minda Employees – 14, 000 People & Growing Our JV/Collaboration with Global Leaders Group Annual Turnover: INR 3200 Cr. /USD 533 Mn. (FY 2014 -15) 4

GLOBAL FOOTPRINT USA: Local Representative & Warehouse Minneapolis Boston Germany: 1 Plant Czech Republic: 1 Plant Poland: 1 Plant Uzbekistan: 1 Plant Japan: Design Office India: 27 plants Vietnam: 1 Plant Indonesia: 1 Plant 5

DOMESTIC FOOTPRINT Haridwar (1) Pantnagar (1) Gurgaon(1) Delhi NCR (9) Pithampur (1) Mumbai (1) Aurangabad (1) Pune (7) Group Corporate Plant / Unit Chennai (5) 6

SPARK MINDA GROUP: PRODUCT LINES OUR PRODUCT LINES Safety, Security & Restraint Systems Electronic & Mechanical Security Systems, E- Bike Controllers, Immobilizers, Latches, Striker, Door Handles, Electronic Body Controllers, Start Systems, Power Closure Systems, Fuel Lid Actuator, RCDL, ESCL, PEPS, Hood , Tail Gate, Seat Latch, Hinges, LED Soft Touch, Camera Modules Keys (Mechanical & Electronics), Key Duplicating Machines Die Casting Al – HPDC, GDC, LPDC Zn – Hot Chamber Driver Information & Telematics Systems Instrument Cluster, Dashboard Assemblies, Digital Clocks, Tank Units & Gauges, Chime Bells & Relays, Speed Sensors, Temperature Sensors, Position Sensors, Pressure Sensors, WIF Sensors Wiring Harness, Coupler & Terminals, Relay & Junction Box, Steering Roll Connector Interior Systems Injection Molding, 2 K Molding Process : Kinematic Component & Premium Surfaces, Garnish & Trims, Dashboard, Consoles, Parcel Shelf, Air Vent, Air Duct, Ash Tray, Arm Rests, Cup Holder Glove Box , 5 th Door Application, Truck Oil Housing, Cylinder Head Covers, Rear Sheet Structure, Coupling, Transmission, Coolant Tanks, Interior Steering, Tool Production Aftermarket All Group Products under Safety, Security & Restraint Systems , Driver Information & Telematics Systems, Interior Systems Four Wheelers : Gear Shift Locks, Wiper Blades, Auto Rollup Relays Filters (Tractors) Two Wheelers: Wheel Locks, Helmet Locks, Control Cables, CDI, Regulators, Rectifiers, Ignition Coil, Igniters, Relays, Filters 7

SPARK MINDA GROUP COMPANIES Minda Management Services Ltd. Group Corporate Minda Corporation Ltd. Safety, Security & Restraint Systems Minda VAST Access Systems Pvt. Ltd. Safety, Security & Restraint Systems Minda Silca Engineering Ltd. Keys & Key Duplicating Machines Minda Stoneridge Instruments Ltd. Driver Information & Telematics Systems, Sensors Minda Furukawa Electric Pvt. Ltd. Wiring Harness & Connective Systems Minda SAI Ltd. Wiring Harness & Connective Systems Minda KTSN Plastic Solutions Gmb. H. Plastic Interiors, Tooling PT Minda Automotive Indonesia. All Group Products for ASEAN Market Minda Vietnam Automotive Company Ltd. All Group Products for ASEAN Market Minda Management Services Ltd. Design & Marketing Office in Japan UZ Minda LLC All Group Products for Uzbekistan Market Minda Automotive Solutions Ltd. Aftermarket 8

SPARK MINDA GROUP: MAJOR CUSTOMERS www. minda. co. in 9

Table of Contents 1. Overview : Spark Minda, Ashok Minda Group 2. Overview : Spark Minda Group – Wiring Harness Business 3. Company Presentation : Minda SAI Ltd. 10

GROUP WIRING HARNESS BUSINESS OVERVIEW Minda Furukawa Ltd. (Japanese PC OEM in India) Wiring Harness Plants Wiring Harness Turnover* Wiring Harness Business Employee Strength S: S ES ER N R M A O H ST G U IN C IR R W JO A M Wiring Harness Companies Minda Sai Ltd. (All segments except Japanese PC) India – 14 Vietnam – 1 INR 1000 Cr. / USD 154 Mn 8000 Employees * Est FY 2015 -16 11

Table of Contents 1. Overview : Spark Minda, Ashok Minda Group 2. Overview : Spark Minda Group – Wiring Harness Business 3. Company Presentation : Minda SAI Ltd 12

MINDA SAI COMPANY OVERVIEW MSL Revenue (mn USD) Sales 86 mn US$ 100 Employees 4, 200 Quality certifications: ISO/TS: 16949 -2009, ISO: 9001, ISO: 14001 50 42 54 59 70 80 86 Wide Presence in India (8 manufacturing facilities). 0 International presence in Hanoi(Vietnam) 2010 -11 2011 -12 2012 -13 2013 -14 2014 -15 2015 -16 Sales by Products (INR Crs) Plastic components 3% Connectors & Terminals 2% Sales by Segment (%) Tractors 5% wiring Harness 95% CV 42% Plastics 1% Connectors & Terminals 1% 2 w/3 w 51% 13

MINDA SAI CUSTOMERS Utility Vehicle Two Wheeler Tractor Comm. Vehicles Const. Equip. Terminal Components 14

MINDA SAI PRODUCTS & SERVICES Harness Assemblies Connector & Terminals Plastic Components Design & Development 15

MINDA SAI PROXIMITY TO CUSTOMERS 8 manufacturing facilities Sales by Region Locations: Greater Noida, Pithampur, Haridwar West 26% North 38% South 36% North Zone West Zone South Zone Locations: Mumbai, Pune Locations: Kakkalur, Pillaipakkam 16

MANUFACTURING FACILITY Availability of all Machines & Equipment critical to Wiring Harness manufacturing CNC Cutting & Crimping Machines with Seal Insertion 100% end of line checking for • Electrical continuity with online printing • Absence of inversion • Inter-connection short circuit • Presence of fuse & relays, diodes • Water proofing testing • Conveyor Assembly • Flexible line • Dedicated line for each customer Schunk Ultrasonic Joint Welding Machine 17

FACTORY IN YERWADA JAIL – PUNE –CSR INITIATIVE www. minda. co. in 18

QUALITY CERTIFICATIONS • ISO/TS: 16949 -2009 • ISO: 9001 • ISO: 14001 19

ENGINEERING CAPABILITY • Minda SAI engineering capability encompasses : – – • Can design develop complete wiring solutions : – – • Design Development LAB Testing Component Development Circuit Schematic Connection System Routing and Packaging DFMEA Availability of appropriate Software – Catia V 5 – Capital Logic for design simulation, along-with Sim. Stress Module – Capital-H XE 1. 2. 3. 4. 5. 6. Functionality Load Categorization Circuit Protection Wire Type/Size Selection Voltage Drop Optimized Design 1. 2. 3. 4. Wet/Dry/Hot Zone analysis Current Requirement Packaging Area Parking Requirements 1. Protection of Harness throughout the Vehicle 2. Manufacturability 20

PRODUCT VALIDATION • 100% circuit checking for fitment & electrical continuity • Oil Immersion test • High Voltage test • Conductor Resistance/ Voltage Drop & Heat Resistance test Complete Crimp Lab set-up for Crimp validation • Endurance test • Complete Quality Lab facility – pre-requisite for good wiring harness manufacture Splice leakage Testing machine • Dedicated centers for Crimp validation • Frequent validation during regular run Custom made endurance testing Jig for TVS 2 Wheeler 21

CUSTOMER RECOGNITION “Best Design, Development & Localization” effort for 2013 -14 - Maruti Suzuki “Cost Innovation through VA/VE” - HONDA Quality & Delivery Award Best Vendor “Electrical & Electronic (2014)” – HONDA (2 consecutive years) - Mahindra & Mahindra Mentoring Zone Status in business capability - Mahindra & Mahindra New Product Development – Volvo Eicher Outstanding Contribution to SCM – Volvo Eicher 22

LOW COST MANUFACTURING 1. Working in motorcycle segment gives us a frugal mind-set 2. Low Cost Design Solutions: • Existing products: Continuous VA/VE proposals given to customers • New Products: Specifications are concurrently reviewed and low cost alternatives are given 3. Continuous wage productivity improvement in-built into organization culture • Possibly the lowest conversion cost in Indian industry 4. Backward integrated: In house capability to design, develop and manufacture connectors, terminals and other plastic parts 23

BACKWARD INTEGRATION: COMPONENT DIVISION • Employees: 225 Nos • Plant capacity (monthly) • ‒ Terminals: 50 Million ‒ Plastic parts: 17 Million ‒ Other components: 2. Million Localization of connectors and terminals without infringing global patents Component designing and mfg ‒ Normal series ‒ Water proof ‒ High density Coupler Terminal Clips/ Cable Channels Tool designing and mfg Molding Tool Press Tool 24

BACKWARD INTEGRATION: COMPONENT DIVISION Wide range of connectors, terminals and other wiring harness plastic parts • Connectors (male and female) and related terminals − • 050, 090, 110, 250, 315, series and 090 water proof series connectors Wiring Harness - Other plastic parts − Fuse Box Cover − Cable Ties − Protector for wiring harness • Kinematic Parts for auto interiors Cup holders, Louvers, Arm rests etc • Ability to make assemblies and do Laser Printing 25

BACKWARD INTEGRATION: PLASTIC PARTS Ash Tray Louver Side Vent, L / R Louver Comp Rear Vent Louver Ctr. Vent Nozzle Defroster Rear Seat Cover Cylinder Head Cover Cup Holder Glove Box Steering Column Shroud Centre Console 26

COMPONENTS ENGINEERING CAPABILITY Key OEM approvals recd: − Suzuki, Japan for localization at Maruti − Furukawa Automotive: Components for Japan, China & Philippines • − Identified for future localization of SRC (Steering Rolling Connector) Honda Japan: Components for Honda Motorcycle India • Working on future global component development − Nissan: Fuse Box cover − Tata Motors: Developed inter-connectors for CVs. Product under patenting 27

FOCUS AREA • Continuous “Technology Up-grade Plan” in place: – – • Design Validation & Testing Process Materials Focus on Export / Overseas business – Commenced new facility in Vietnam to service ASEAN OEMs 28

Thank You ! Visit us at www. minda. co. in Email: sunil. goel@mindasai. com 29