GA_Corporate_Presentation_EN_2021

Corporate
Presentation

2021

Classified as Public

Disclaimer

This presentation (the Presentation) is confidential and has been produced by
Grupo Antolin-Irausa, S.A. (Antolin) for information purposes only. The use and
distribution of this information or of any other information provided by or on
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Antolin. Antolin has prepared this Presentation with due care and on the basis of
the available information. However, it accepts no liability in relation to the
content or interpretation of the information contained therein: Antolin accepts no
responsibility for the accuracy or completeness of the information included in this
document.

© 2021 GRUPO ANTOLIN-Irausa, S.A.
All rights reserved

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Classified as Public

1 Global company with a 4 4 Values that 30
strong foundation define us 34
38
Contents 2 Our model for 5 Committed to
success progress
8
6 Environmental
3 Our company in 25 responsibility
figures

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1

Global company with
a strong foundation

Classified as Public

At a glance Our Business

2020 Figures

Overheads Doors Lighting & Cockpits Electronic
HMI systems
Investment
Consolidated Innovation
sales Tangible and
% of sales in 2020 intangible
Millions of euro
3% More than 170m
3,975

Consolidated Average Employees Founded
age
EBITDA Number of 1950
Workforce people
Millions of euro Burgos
40 27,000
272

With more than 129 Women 37.59%
Men 62.41%
150 plants # Nationalities
in 26 countries

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History

Grupo Antolin is a family-run
multinational committed to innovation
and quality from the very start.

50’s 80’s 2000’s 2012 2014 2018 2020
CML First New
Rubber-metal Grupo Antolin holding Evolution from simple acquisition. issuance Sustainability Launch of the
steering ball company. components to modular of bonds. Master Plan. new
joint.
50’s 60’s Internationalization. products. Electronic
Continuous growth. Systems BU.
70’s 80’s
90’s 2000 2010 2020

60’s|70’s 90’s 2013 2015 2017 2019 2021

First headliner trims. Strategy focused on the interior The Antolin Generational Vision and New Strategic Intelligent
New ARA factory: first products for of the automobile. family becomes change. Values. and Smart Integrated
Integrator
interiors. Policy of continuous innovation. the sole Acquisition of Plan. Inside
Product diversification. New headquarters focused on shareholder. Magna Interiors. New claim.
R&D activities.
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Management team Regions

Senior
management

Ernesto Antolín María Helena Antolín Jesús Pascual Russ Goemaere Miguel Marañón Jorge Juárez

Chairman Vice-Chair Chief Executive Officer Regional Director NAFTA Regional Director Europe Regional Director Asia-Pacific

Corporate functions Business Units

Fernanda Cardama Cristina Blanco Pablo Ruiz Miguel Ángel Prado Pedro Fernando Sanz Marta Cuevas Jorge Juárez
Santesteban
Corporate HR Director Corporate Financial Director Corporate Legal Director Corporate Industrial Director Director of Cockpits & Director of the Director of the
Director of the Overheads Doors Lighting & HMI BU Electronic Systems BU
& Trunk Trim BU

Juan Carlos González Javier Villacampa Miguel Marañón Our current team. A first-rate professional team
with extensive experience in the automobile
Corporate Business and Corporate Innovation Director Corporate Sales Director industry.
Technology Director

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2

Our model for

success

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Intelligent. Integrated. Inside.

A new positioning that, defines our work, our effort and the team we are as a whole

The automotive industry is living in a new era marked by sustainable mobility, InAntolin
digitization, connectivity and technological development.
Grupo Antolin is transforming its business to lead this change from the car’s interior The brand is crucial to guiding the future of the sustainable
and consolidate itself as a pioneering and undisputed leader in the sector. mobility, the positioning of Grupo Antolin and our
transformation process towards a more agile and global
company.

A new Claim which defines our values, which expresses what we
do, and what we do it for.

This represents the DNA of the brand and summarises the
values and essence of Grupo Antolin:

Intelligent. Integrated. Inside.

Creating Intelligent vehicles.

Developing Integrated solutions.

Providing talent from the Inside.

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What Overheads
we do Doors

Focus on a sustainable business model Lighting & HMI
Global supplier of technological Cockpits
solutions for the interior of the car
Electronic
Smart Integrator Systems

Creating stakeholder value

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Overheads Our long industrial tradition together with our capacity for innovation has led
to solutions that meet all of the needs of our customers in terms of
Global leader sustainability, weight reduction, customization and improved safety and noise
levels.
11
The company’s multi-technology products together with its complete network
Classified as Public of production plants and Just in Time centers, allow us to offer any level of
integration in close proximity to our customers.

In this way, Grupo Antolin stands as a leader in modular headliners, supplying
different levels of integrations according to customer requirements.

Modular Substrate Sunvisors Illuminated Boot trim
Headliner Headliner

Doors We have the most comprehensive range of products in the industry in the doors and
hard trim area, from mechanisms to sophisticated trims with decorative films,
Multi-technology offer ambient lighting and electronics.
At Antolin we are experts in door trims and mechanisms, a technological synergy
12 that is unique in the market and that allows us to offer a wide range of modular
solutions. Our door panels incorporate technologies that are innovative in product
Classified as Public and process, as well as materials designed to allow for a reduction in weight.
Multi-technology, maximum integration, global presence and industrial flexibility
make us world leaders in this product.

Door Door Pillars Window Decorative
Modules Panels Regulators Trim

Cockpits Thanks to our extensive offer in technology and processes, we create fully
integrated smart cockpits and trims, incorporating lighting solutions, new
We improve life on board features and decorative surfaces.

13 Our experience in developing high-quality interiors allows us to design and
manufacture instrument panels characterized by their finishes and
Classified as Public technological and safety features, such as the integration of the leather
seamless passenger airbag system.

We have mastered various exclusive trim technologies, such as the “double
slush skin”, a covering with soft touch at half the weight. Our expertise in
natural leather cut and sewn in an example of technological craftsmanship.

Cockpits Instrument Central Decorative
panels Console Trim

Lighting & HMI We develop and produce a wide range of lighting solutions, both inside and outside
the vehicle. From electronic overhead consoles and reading spots to multifunction
European leader in lighting components lights, DRLs, projection lights and retro illuminated logos.

14 We have established ourselves as one of the most relevant suppliers both in the
development of ambient lighting, especially for high-end vehicles, and in the new
Classified as Public generation of dynamic lighting systems. Our broad offer of decorated surfaces adds
more value to our products with additional functionalities such as functional
lighting, touch controls or haptic feedback. Our surface technologies play with new
materials, textures and patterns.

The responsibility for the development of certain end products that integrate
various technologies combining lighting, electronics and decorative surfaces lies in
the HMI Systems unit.

The Electronic Systems Business Unit works transversally with the rest of the areas
of the company to reinforce our proposal as Smart Integrator.

Interior & Ambient & HMI Active
Exterior Functional Systems Surfaces
Lighting
Lighting

Electronic systems Grupo Antolin has the engineering capacity to develop the different features of
the electronic systems inside the vehicle, responding to the growing demand
Exponent of functional integration for electronic solutions in the automotive sector.

15 We are specialists in the development of a wide range of electronic systems
that control the different features (Electronic Control Unit) of the components
Classified as Public of the car interior.

The Electronic Systems Business Unit works transversally with the rest of the
areas of the company to reinforce our proposal as a Smart Integrator.

Control Integrated Interior Driver
Units Products Electronic Information
Systems
& HMI

Where we operate

We supply our customers wherever they need us

With more than

150 factories
26and technical-commercial
offices

26 countries

Europe • Romania • Thailand We are present in the 5 best-selling
• Russia • Vietnam
• Spain • Slovakia cars in the world
• Austria • Turkey America
• Czech Republic • United Kingdom
• France • Argentina
• Germany Asia • Brazil
• Hungary • Mexico
• Italy • China • United States
• Poland • India
• Portugal • Japan Africa
• South Korea
16 • Morocco
• South Africa
Classified as Public

Grupo Antolin in Spain
Committed to our origins

Revenue 178

Millions of euro

Employees 2,342

TCOs, Factories 2+14 • Burgos- Sede
and other
centers • Madrid
• Alicante
Industrial strength • Almussafes
• Barcelona
Grupo Antolin equips 99% of the • Bilbao
vehicles produced in Spain • Burgos
• Pamplona
17 • Sollana
• Valladolid
Classified as Public • Vitoria

Grupo Antolin in Europe
The internationalization process began in the 90s

Revenue 2,006 • Spain • Romania
• Austria • Russia
Millions of euro • Czech Republic • Slovakia
• France • Turkey
Employees 13,314 • Germany • United
• Hungary Kingdom
• Italy
TCOs, Factories 14+68 • Poland
and other 14 • Portugal
centers
Countries

Market leaders

Grupo Antolin equips 87% of the
vehicles produced in Europe

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Grupo Antolin in North America
Operating in the United States since 1994

Revenue 1,368
8,514
Millions of euro 2+30

Employees 2
TCOs, Factories
and other
centers
Countries

Strong presence • US
• Mexico
Grupo Antolin equips 58% of the
vehicles produced in North America

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Grupo Antolin in South America
It began operating in Brazil in 1996.

Revenue 43
798
Millions of euro 1+6

Employees 2
TCOs, Factories
and other
centers
Countries

Customer-focused • Argentine
• Brazil
Grupo Antolin equips 71% of the
vehicles produced in South America

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Grupo Antolin in Africa-Asia-Pacific
It began operating in India in 1996

Revenue 558

Millions of euro

Employees 4,045 • India
TCOs, Factories 9+42 • China
and other • Japan
centers 8 • Morocco
Countries • South Africa
• South Korea
Significant expansion • Thailand
• Vietnam
Grupo Antolin equips 28% of the
vehicles produced in AAP

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Grupo Antolin in China
Operating in the market since 2003

Revenue 465

Millions of euro

Employees 2,779

TCOs, Factories 3+24
and other
centers

Significant expansion

Grupo Antolin equips 23% of the
vehicles produced in China.

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International Presence Technical-Commercial Office
Production/Assembly Sequencing
Locations
*Walter Pack presence in the country

EUROPE

SPAIN 2 + 14* FRANCE 3 + 4 HUNGARY 2 UNITED KINGDOM 1 + 8

• Burgos • Besançon • Esztergom • Warwick
• Madrid • Kecskemét • Barton
• Almussafes • Guyancourt • Bury St Edmunds
• Barcelona ITALY 1 • Droitwich
• Vosges • Hartlip
• Besançon • Caserta • Leamington Spa
• Liverpool
• Burgos • Cambrai POLAND 1 • Redditch
• Small Health
• Bilbao • Hénin-Beaumont • Strzelin

• Pamplona • Vosges PORTUGAL 2
• Sollana
• Valladolid GERMANY 7 + 12 • Palmela
• Vitoria • Vila Nova de Cerveira
• Bamberg
AUSTRIA 1 • Grossostheim ROMANIA 3
• Köln
• Ebergassing • Munich • Sibiu

CZECH REP. 1 + 11 • Sindelfingen RUSSIA 2

• Liberec • Straubing • Nizhny Novgorod
• Saint Petersburg
• Chrastava • Weyhausen
SLOVAKIA 5
• Hranice • Bad Dürkheim
• Bratislava
• Libáň • Emden • Devínska Nová Ves
• Liberec • Köln • Nitra
• Trnava
• Mladá Boleslav • Massen • Zilina

• Ostrava • Rastatt TURKEY 3

• Příšovice • Regenstauf • Başiskele
• Bursa
• Rychnov nad Kněžnou • Saarlouis • Gölcük

• Turnov • Sachsen

• Straubing

• Wolfsburg

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International Presence Technical-Commercial Office
Production/Assembly Sequencing
Locations
*Walter Pack presence in the country

ASIA-PACIFIC

CHINA 3 + 24 • Shanghai • Manesar
• Shenyang • Pune
• Shanghai • Wuhan • Sanand
• Xiangyang
• Guangzhou • Yizheng JAPAN 1
• Zhejiang
• Kunshan • Zhengzhou • Tokyo
• Beijing
• Changchun INDIA 2 + 7* SOUTH KOREA 1 + 1
• Changshu
• Chengdu • Pune • Seongnam
• Chongqing • Gimhae
• Guangzhou • Vijayawada
• Hangzhou • Bangalore THAILAND 2
• Harbin • Chennai
• Kunshan • Gurgaon • Bangkok
• Nanchang • Maharastra • Rayong

VIETNAM 1

• Hai Phong

NORTH AMERICA S. AMERICA

USA 1 + 16 MEXICO 1 + 14* ARGENTINE 1 BRAZIL 1 + 5

• Auburn Hills • Shelby • Silao de la Victoria • Benavídez • Caçapava
• Belvidere • Spartanburg • Aguascalientes • Caçapava
• Canton Township • St. Clair • Arteaga AFRICA • Camaçari
• Chattanooga • Vance • Cuautitlán • Taubaté
• Hopkinsvillle • Warren • Derramadero
• Howell • Hermosillo MOROCCO 1 + 1 SOUTH AFRICA 1 + 4
• Kansas City • Puebla
• Louisville • Querétaro • Tangier • Uitenhage
• Saltillo • Tangier • Durban
• Silao de la Victoria
• Marlette • Tlaxcala • Rosslyn
• Toluca • Silverton
• McCalla • Uitenhage

• Nashville

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Our company in

figures

Classified as Public

2020 figures

2019 3202,90 75 Investment

Consolidated 5,214 Millions of euro
sales
177.820020
Millions of euro

2019

301.40

Consolidated 2019 Consolidated 2019 2.69%
EBIT
434.87 8.34% 140.43
% of consolidated
EBITDA 272.020620 6.84% sales -25.62020
-0.64%
% of consolidated
sales

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Highly diversified Lighting Other Overheads &
model Soft Trim
7.3% 0.2%
By Business Unit 37.2%
Cockpits &
27 consoles

Classified as Public 16.8%

Consolidated
sales

2020

€3,975m

Doors and
Pillars

38.6%

Highly diversified Asia- Africa Spain
model Pacific
1.3% 4.5%
By region 12.8%
Consolidated Rest of
28 South sales Europe
America
Classified as Public 2020 46%
1.1%
€3,975m

North
America

34.4%

Highly diversified Geely Group Japanese
model 3,4% Customers
PSA Peugeot Hyundai Kia
By customer Citroën 3,0%
3,5% 2,4%
29 Consolidated
Other sales Volkswagen
Classified as Public Group
5,1% 2020
22,1%
Renault- €3,975m
Nissan Fiat-Chrysler

5,5% 11,4%

General Motors BMW Group

6,9% 10,8%

Tata Group Daimler Ford Motor

7,6% 8,1% 10,2%

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Vision and Values

that guide us into the future

Classified as Public

Vision and Values

Vision

To be the leading company in automobile interiors, creating value for our
stakeholders

Values Contribution Passion

People To the development of society For a job well done

Key to success • Be committed to your • Work with quality
environment • Meet your commitments
• Recognize achievements: • Train yourself permanently
everyone contributes to • Represent the company’s • Be involved from the beginning
success values in society
Innovation
• Build a climate of trust Family spirit
• Be tolerant with mistakes Fundamental to our future
• Listen, communicate: act Our identity
• Be flexible and open to new
transparently • Be humble ideas
• Teamwork • Act honestly
• Respect others • Don't conform, encourage
• Deal with issues fairly boldness

• Everything can be questioned,
look for the best solution

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Innovating for the future

Key to our success

Integration of advanced Interiors for the new Efficiency, flexibility and
1 features 2 mobility 3 industrial competitiveness

Suppliers of high The interior, a new living Constant adaptation to changes
technological content. space. in production and demand.

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Research, Development More than
and Innovation
1,600 ARpe&notDoplalienc.teinvigtaiegsewdiitnhipneGrfrourpmoing
Grupo Antolin invested 3% of sales in
R&D in 2020 We belong to a
total of
Grupo Antolin
30 iidnnirnteeorcvntalayttiriooennlaaatlceatdisvstitooiecRisa&.tDionasnd
has managed 2,560 patents
0 5 10 15 20 25 30 35 40

We collaborate
with around

40 ourenrsgievaeanrricsziahttieiosnasn. d

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Ctoopmrogmresistted

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Constructing sustainable mobility Commitment to the future
Sustainability Master Plan
Priorities To make a difference with our values and
for action sustainable commitments, being recognized as a
pioneer company in the field of sustainability
35 within the automotive components sector for
our commitment to corporate social
Classified as Public responsibility.

Shareholders Team
Customers Suppliers
Investors Society

Stakeholders Satisfied customers

We work about 90 car brands from around the world We offer innovative solutions adapted to
the needs of the customer
We help to develop more sustainable, We guarantee the quality of
technologically advanced and the components
comfortable vehicles, improving the We collaborate in the earliest
travel experience of the passengers design phases
on board

Committed teams Our employees, the key to success

Attraction and Diversity and 6 37.6 hours
retention of inclusion
talent Average seniority Average training time per
Well-being, employee in 2020
Professional health and
development safety 41 27,000 37.59% 62.41%

36 Different Professionals
languages
Classified as Public

Stakeholders Multiplying social value

Creating value in the supply chain Contribution to the development of society

A sustainable, robust and effective management system Promoting social Promoting economic Protecting nature and
development growth in the the environment and
Code of Conduct for Suppliers through communities where we ensuring the rational
collaboration are present use of resources
is mandatory
The social contribution per
Self-assessment €22.57employee amounted to
in 2020
takes place constantly to identify, measure and
manage risks Sustainability requirements Compliance

37 in purchasing procedures with standards and current legislation. Respect for
human rights. Conflict minerals policy.
Classified as Public
2,830Number of direct material suppliers

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Rforetshpe oennvisroibnmileintty

Classified as Public

Respect the environment
Fight against climate change
Help with the transition towards a low carbon economy

Action areas

Transition towards Promotion of Partnerships to Sustainable
a low carbon the circular promote financing
industry economy sustainability strategy

Green Towards sustainable Do more with less Environmentally-
Program mobility friendly factories
Efficiency in the management of
Program to reduce the Reduction in the weight and natural resources to promote 95
consumption of energy and emissions of the products. the circular economy.
the generation of non- Improve energy management in centers certified in ISO 14001.
hazardous waste. the interior of the car. Coretech® 7 centers certified
in ISO 50001.
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www.grupoantolin.com
[email protected]
+34 947 47 77 00

Classified as Public