Components

Sergio Marchionne
Magneti Marelli
Who we are
An international group committed to design and produce
hi-tech systems and components for automotive sector
Czech Republic Russia -
France Serbia - -
NAFTA EUROPE Germany Spain -
Italy Turkey -
Mexico - Poland - Slovakia - -
USA

• 85 plants
ASIA • 12 R&D centers
SOUTH
AMERICA China • 26 application centers
India • 38,000 employees
Argentina - - Japan - - worldwide
Brazil Malaysia -

Production plant R&D center Application center

Magneti Marelli
Our business lines
Automotive Lighting
 Halogen/HID/LED
Front/Rear Lamps
 AFS modules
Powertrain
 Engine control systems
 Gasoline, diesel and multi-
fuel systems/components
 AMT/DDCT
Electronic Systems
 Body electronics &
electronics modules
 Instruments clusters &
displays
 New HMI
 Connectivity & telematics
 Infotainment
Exhaust Systems Suspensions
 Complete exhaust  Modules
lines/components  Components
 Emission control
solutions (DPF)
Plastic Components Aftermarket Parts &
and Modules Services
 Dashboards & interiors  Spare parts
 Bumpers & exteriors  Workshop services
 Fuel systems  Tuning
Shock Absorbers Racing & New Technology
 Shock absorbers  Advanced engine/vehicle ECUs
 New damping solutions  Telemetry/data systems
(mechanical/electronic)  Advanced engine components
 Synaptic damping control  F1, rally, MotoGP support
 Engineering services
Magneti Marelli
Competitive position of core businesses

2013 revenues ~€6bn Lighting (~15% sales to FCA companies)

(38% captive sales) • Consolidated leadership (#2 worldwide) in front & rear
lighting, leading the wave of modules and light engine
electronics integration (EU commission granting 1 gr. CO2
saving for LED low-beam module E-Light)
Exhaust Systems
Suspension Systems • Customer portfolio diversified and well-balanced with a
Plastic Components & Modules global manufacturing footprint
Shock Absorbers
After Market Powertrain (~50% sales to FCA companies)
• A leading global supplier with particular focus on engine
Lighting control systems and components, engine control unit,
35% automated manual transmissions, and advanced technology
by 39%
for alternative fuel solutions
business line
Electronics (~25% sales to FCA companies)
• Key technological know-how for new HMI / Connectivity
15% 11%
solutions
Powertrain
Electronics • A leading player for clusters, displays, telematics, connectivity
and new HMI as well as a competitive supplier for new
infotainment solutions
Magneti Marelli
2014-18 key priorities

By business
• Lighting and Powertrain as key business for growth on the back of
technological leadership globally or in some specific areas
• Focus on key innovation drivers (CO2, safety, connectivity) as competitive
advantage
• Progression of annual order intake consistent with a €10bn top-line
company by 2018

By geography
• Overall top-line development driven by expansion in NAFTA and APAC, less
reliance on moderate growing European market, consolidating leadership
position in LATAM

Continued role of key technology provider for the Group

• Global manufacturing and engineering footprint to support FCA growth and
expansion
• Pursuing opportunities to upgrade technological know-how as value for FCA
Comau
Who we are
An innovative global leader in automation across a wide range
of key technologies, with fully integrated capability in product,
process and service solutions

• 2013 turnover of ~€1.5bn

• Industrial & engineering
ops in 13 countries
• 4 R&D centers
• 14,000 employees across
the globe (8,000 Service)
Comau
Our business lines

Powertrain Systems Body Welding Service Robotics Adaptive Solutions

Full-service provider for Leading proprietary After-sales assistance, High performance From automotive market
light vehicles and light technologies for steel maintenance packages versatile technology to non-automotive
commercial trucks and aluminum materials and facility • From 6 to 800kg payload industries with emerging
• Machining systems • High-density maintenance range automation needs
• Assembly systems automation • A leading supplier of • Process-oriented • Targeted applications
• Testing systems • Integrated logistics manufacturing software  Commercial vehicles
• Additive manufacturing • Multi-material joining services and asset • Plug & play robotized  Heavy Industry
• Energy efficiency management in solutions  Aerospace
management LATAM
Comau
2014-18 key priorities

Top-line growth
• Automotive industry: increasing market penetration in key mature
markets while keeping expanding in developing countries, leveraging
on proprietary modular and flexible solutions in Body Welding and
Powertrain Systems
• Exploiting further emerging automation needs in non-automotive
industries and enhancing Robotics market penetration
• Service: moving from maintenance services to full asset
management
Sustainable margin improvement
• Enlarging best-cost countries manufacturing footprint, being China,
Romania and Mexico key area of Make/Buy strategy re-alignment
• Sustained tight grip on costs
Teksid
Who we are
A world leader in production of castings for automotive industry with operations
spread out in Europe, North & South America and Asia

Skoczòw
Aveiro 70,000 T / year
40,000 T / year
Carmagnola
2013: 30,000 T / year
Monclova 2018: 38,000 T / year
100,000 T / year

Global capacity utilization

2013 2018E
Iron 70+% ~80%
Aluminum 60+% ~90%

Betim
270,000 T / year Zhenjiang
85,000 T / year
Betim
Iron plant 2013: 7,000 T / year • 2013 turnover of ~€0.7bn • 1 R&D center
2018: 22,000 T / year
Aluminum plant • 7 plants worldwide • 7,000 employees globally
Teksid
Our business lines
Cast iron business Aluminum business
• A world leading manufacturer of grey and nodular • Manufacturer of light
iron castings metal castings for
• State-of-the-art technology, high automation rate, automotive industry
high quality standards, ever-closer integration • Co-design activities
with customers in product development and simultaneous
• Main products engineering as key
 Grey iron cylinder blocks for light vehicles strengths
 Engine blocks and heads for trucks engine • Key products
 Exhaust manifolds  Cylinder heads
 Nodular iron crankshafts, camshafts…  Cylinder blocks

407 416 426

North & South America

Europe 54
37
19

2013 2016E 2018E

Thousand of tons 2013 2016E 2018E
Cast iron production Aluminum production
Teksid
2014-18 key priorities

Top-line growth
• Slight volume growth in Cast Iron business, with higher volumes for heavy-duty
applications offsetting lower demand for light vehicle applications
• Investment in high-pressure die castings to catch up light vehicle foundry market
trend
• New order acquisition of engine blocks expected to double volumes of Aluminum
business
Increased capacity utilization and cost efficiencies as key drivers of margin
improvement
• Higher supply to FCA Group companies (~75% in 2013 to ~90% in 2018) in
Aluminum business to maximize capacity utilization, captive sales of cast iron
products stable at 20-25%
Components
2014-18 financial highlights

Revenue
CAGR ~9%
~€12B
€8B
4%-5%
2.5%

2013 2014E 2015E 2016E 2017E 2018E

EBIT Margin

Revenues +~50% and EBIT at 4-5%

Growth driven by Marelli, with Comau nearly doubling and Teksid returning
to profit in 2015

Note: 2013 excluding Unusuals

Disclaimer
Certain information included in this presentation, including,
without limitation, any forecasts included herein, is forward
looking and is subject to important risks and uncertainties that
could cause actual results to differ materially. The Group’s
businesses include its automotive, automotive-related and other
sectors, and its outlook is predominantly based on what it
considers to be the key economic factors affecting these
businesses. Forward-looking statements with regard to the
Group's businesses involve a number of important factors that
are subject to change, including, but not limited to: the many
interrelated factors that affect consumer confidence and
worldwide demand for automotive and automotive-related
products and changes in consumer preferences that could
reduce relative demand for the Group’s products; governmental
programs; general economic conditions in each of the Group's
markets; legislation, particularly that relating to automotive-
related issues, the environment, trade and commerce and
infrastructure development; actions of competitors in the
various industries in which the Group competes; production
difficulties, including capacity and supply constraints, excess
inventory levels, and the impact of vehicle defects and/or
product recalls; labor relations; interest rates and currency
exchange rates; our ability to realize benefits and synergies from
our global alliance among the Group’s members; substantial
debt and limits on liquidity that may limit our ability to execute
the Group’s combined business plans; political and civil unrest;
earthquakes or other natural disasters and other risks and
uncertainties. Any of the assumptions underlying this
presentation or any of the circumstances or data mentioned in
this presentation may change. Any forward-looking statements
contained in this presentation speak only as of the date of this
presentation. We expressly disclaim a duty to provide updates to
any forward-looking statements. Fiat does not assume and
expressly disclaims any liability in connection with any
inaccuracies in any of these forward-looking statements or in
connection with any use by any third party of such forward-
looking statements. This presentation does not represent
investment advice or a recommendation for the purchase or
sale of financial products and/or of any kind of financial services.
Finally, this presentation does not represent an investment
solicitation in Italy, pursuant to Section 1, letter (t) of Legislative
Decree no. 58 of February 24, 1998, as amended, nor does it
represent a similar solicitation as contemplated by the laws in
any other country or state.
Copyright and other intellectual property rights in the
information contained in this presentation belong to Fiat S.p.A.
Fiat and FCA are trademarks owned by Fiat S.p.A. “Fiat Chrysler
Automobiles” (FCA) is the name expected to be used following
completion of the merger of Fiat S.p.A. into a recently formed
Dutch subsidiary.