20
1 DRIVEN TO DELIVER January 2016 NYSE: HZN H ORIZON G LOBAL DRIVEN TO DELIVER CJS Securities January 2016

HORIZONGLOBALinvestors.horizonglobal.com/sites/horizonglobal.investorhq...cyclicality •Multiple avenues for top-line growth •Six large identified projects on the margin dashboard

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1DRIVEN TO DELIVER January 2016NYSE: HZN

HORIZON GLOBAL

DRIVEN TO DELIVER

CJS Securities

January 2016

2DRIVEN TO DELIVER January 2016NYSE: HZN

Safe Harbor Statement

Any "forward-looking" statements contained herein, including those relating to market conditions or the

Company's financial condition and results, expense reductions, liquidity expectations, business goals

and sales growth, involve risks and uncertainties, including, but not limited to, the future prospects of

the Company as an independent company, risks and uncertainties with respect to general economic

and currency conditions, various conditions specific to the Company's business and industry, the

Company's leverage, liabilities imposed by the Company's debt instruments, market demand,

competitive factors, supply constraints, material and energy costs, technology factors, litigation,

government and regulatory actions, the Company's ability to successfully implement its profitability

improvement measures, the Company's accounting policies, future trends, and other risks which are

detailed in the Company's Registration Statement filed on Form S-1 and the other reports that the

Company files with the SEC (available at www.sec.gov). These risks and uncertainties may cause

actual results to differ materially from those indicated by the forward-looking statements. All forward-

looking statements made herein are based on information currently available, and the Company

assumes no obligation to update any forward-looking statements.

3DRIVEN TO DELIVER January 2016NYSE: HZN

Company & Market Overview

Business Strategy & Vision

Shareholder Value Priorities

Agenda

4DRIVEN TO DELIVER January 2016NYSE: HZN

Horizon Global Overview

Broad portfolio of high-quality products and brands

Business Description

Horizon Global is a leading designer, manufacturer and distributor of a wide variety of high-

quality, custom-engineered towing, trailering, cargo management and other related

accessory products on a global basis.

Broad Product Portfolio

Towing Cargo ManagementTrailering Other

Market Leading Brands

5DRIVEN TO DELIVER January 2016NYSE: HZN

• Lifestyle and Quality of life

• Work related applications

• Adoption rates in Emerging markets from middle class creation

• Latin America & China with long-term growth trends

• Recognition of trusted global brands

Growing Markets and Users for our Products

• New OE global product offerings advantaging global suppliers

• Smart related products

• User demanded product innovation

• Simplification of assembly process represents local opportunity for global partners

Technology, Quality and Innovation

• OE growth efforts in aftermarket business segment

• Distribution channel pressured; e.g. Retail capability, eCommerce access and OE new products

• Consolidation of small players in market space

Evolving Business Channels

Our Market Drivers

Horizon is well positioned to take advantage of end market trends

6DRIVEN TO DELIVER January 2016NYSE: HZN

Towing

Trailering

Cargo

Other

OEM/OES

Aftermarket

Retail/

eCommerce

U.S.

Australia

Europe

AsiaAfrica Other Americas

Revenue Diversity

Revenue by Product Category

• Broadest product set available

• Commercial, agricultural,

automotive and recreational

uses can be counter-cyclical

• Solution based engineering

drives product innovation

Revenue by Channel

• Access to consumers through

all channels of commerce and

distribution

• More than 5,700 active

customers, none more than

10% of sales

• Channel diversity mitigates

cyclicality

Revenue by Geography

• Market leader in North America

and Australia

• Footprint established to serve

emerging markets

• Leverage existing product sets

and customer relationships for

global growth

Diverse source of revenues unmatched by competition

Note: Based on 2014 management estimates

7DRIVEN TO DELIVER January 2016NYSE: HZN

Fairfield, Iowa

Solon, Ohio

Juarez, Mexico

Reynosa, Mexico

Itaquaquecetuba, Brazil

Plymouth, Michigan

Keysborough, Australia

Mississauga, Ontario

Other

South Bend, Indiana

Tekonsha, Michigan

Hartha, Germany

Deeside, UK

Auckland, New Zealand

Brisbane, Australia

Perth, Australia

Pretoria, South Africa

Chon Buri, Thailand

Dallas, Texas

McAllen, Texas

El Paso, Texas

Helsinki, Finland

Christchurch, New Zealand

Mosinee, Wisconsin

Established Global Presence

Established global footprint will drive sales and operating efficiencies

Manufacturing Facilities

Home Office/Tech Centers

Shanghai, China

Bangalore, India

Hong Kong20

FACILITIES

2,800EMPLOYEES

10COUNTRIES

8DRIVEN TO DELIVER January 2016NYSE: HZN

#1 Recognized Brand in U.S. in Towing Products

#1 Recognized Brand in U.S. in Trailer Hitches

#1 Recognized Brand in U.S. in

Brake Controllers

#1 Recognized Brand in U.S.

Agricultural and Industrial OEM

#1 Recognized Brand in U.S. Marine OEM

#1 Recognized Brand in Australia

Globally Recognized MarketLeading Brands

Customer and User recognized market leaders with

engineered solutions protected by more than 600 patents

More than 25 years

More than 20 years

More than 10 years

Long-term Customer RelationshipsBrand Recognition

More than 25 yearsMore than 30 years

More than 20 years

More than 30 years

More than 20 years

* More than 20 years with the acquired distributors: Keystone, Stag Parkway

and Northwest Trailer Parts

More than 20 years*

More than 25 years

More than 15 years

9DRIVEN TO DELIVER January 2016NYSE: HZN

Company & Market Overview

Business Strategy & Vision

Shareholder Value Priorities

Agenda

10DRIVEN TO DELIVER January 2016NYSE: HZN

Driven to Deliver

• Global Reach

• Product Development Engine

• Multi-Channel Expertise

• Best-in-Class Manufacturing and Sourcing

Cost Platform

• Talented Experienced Management Team

ENABLERS

CORE VALUES

MISSION

VISION: Enriching lives through great products

Positioned to drive value for:

All Shareholders

All Customers

All Employees

Utilize forward-thinking technology to develop and

deliver best-in-class products for our users,

engage with our employees and realize value creation for our

shareholders.

11DRIVEN TO DELIVER January 2016NYSE: HZN

• Leverage product portfolio

and global footprint

• User centric product

innovation process

• Expand existing distribution

channels

• Develop new distribution

channels, including

eCommerce

• Leverage relationships with

OEs across globe

• Expand sales to higher-

growth emerging markets

• Bolt-on acquisitions drive

non-organic growth

• Commitment to reducing

debt and increasing

profitability

• Cash flow supports

deleveraging

• Recently completed capex

cycle

• Consistent cash flow

generation through

business cycle

• Working capital efficiency

improvement

• Acquire well-run companies

• Foster culture focused on

operational excellence

• Execute major priorities

• Leverage past investments

in low-cost manufacturing

• Integrate Cequent

Americas organization

• Enhance Multi-

Generational Product

Planning

• Margin accretive

acquisitions

Drive Sales Growth

Improve Capital Structure

Improve Margins

Three Financial Prioritiesfor Value Creation

Significant opportunity for value creation

10% & 10% Less than 2x 3-5% Organic

12DRIVEN TO DELIVER January 2016NYSE: HZN

Company & Market Overview

Business Strategy & Vision

Shareholder Value Priorities

Agenda

13DRIVEN TO DELIVER January 2016NYSE: HZN

Margin expansion has

the most potential

Growth opportunity

leads to increased profitability

Cash conversion

allows company to de-lever and add

EPS

Unlocks Shareholder

Value

Shareholder Value RealizationOur Financial Model

14DRIVEN TO DELIVER January 2016NYSE: HZN

Initiative Objective Status of 11/11/2015Project

Realization

Plant Performance Execute plant level

productivity initiatives

Productivity improvement

of 9% over 2014

Consolidation of the

Americas

Fully integrate as one,

lean business

Distribution study, ERP

implementation and

Tekonsha closure

underway

Europe, Africa, Latin

America Performance

Realize accretive level of

performance

South Africa up 1100 bps

Brazil down 110 bps

Europe down 90 bps

“Juarez” Closure Consolidate production in

Reynosa to achieve

annual savings of $4.5M

Heavy duty product

moved, facility prep and

move plan underway

Sourcing Initiatives Optimize supply base

through increased

integration and

performance

Partner identification and

financing alternative

discussion underway

Brand Consolidation Enhanced value from

“shoulder” brands

First three brands to be

rationalized in 2016

First Margin Expansion Programs …

Drive Margin Expansion

15DRIVEN TO DELIVER January 2016NYSE: HZN

OE

Compete globally for new business

Invest in new product and engineering

capacities

“GLOCAL” implementation

Support engineered solutions

eCommerce

Leverage platform capabilities globally

Engage Users and Clubs

Enhance eUserexperience

Support channel partners with eSolutions

Latin America

Right-size Brazil presence

Support customers growing in Mexico

Leverage Mexico footprint for broader

product support

Engage early adopters in market

China

Global OE support

Engage enthusiasts organizing around

active lifestyles

eCommerce

Adding commercial presence to current

platform

Key Growth Initiatives

Numerous, parallel paths for growth

Drive Sales Growth

MGPPSupport customer

driven product development efforts

Retool product development and

prioritization process

Focused efforts on smart products

Listen to the user

16DRIVEN TO DELIVER January 2016NYSE: HZN

Capital Allocation Priorities

Strong Cash Flow

Capital Structure

• Debt service

• Aspirational net leverage ratio

of 2x

Organic Initiatives

• Capital expenditures to support

growth in recently acquired

companies

• Investment to support strategic

sales opportunities

Operational Investments

• Support continuous

improvement initiatives

• Upgrade manufacturing

capabilities as appropriate

• Capacity to support organic

growth

Acquisitions

• “Bolt-on” acquisitions

• Minimum risk-adjusted returns

in excess of cost of capital

FCF supports strategic investments and capital structure improvement

Improve Capital Structure

17DRIVEN TO DELIVER January 2016NYSE: HZN

Key Priorities Create Shareholder Value

Starting Share Price Delevering Sales Growth Margin Expansion Potential Future Price

18DRIVEN TO DELIVER January 2016NYSE: HZN

• Diverse product portfolio supported by recognized brands

• Focused investment on leading brands benefits the entire portfolio

• Global footprint supports regional demand fulfillment

• Positioned to serve higher-growth emerging markets

• Flexibility of manufactured or sourced solution

• Multiple channels to reach end consumers

• Strong global partnerships provide stability to revenue base; mitigates cyclicality

• Multiple avenues for top-line growth

• Six large identified projects on the margin dashboard

• Best-in-class cost structure

• Consistent free cash flow generation through the business cycle

• Free cash flow supports deleveraging

Global Scale with Flexible Manufacturing Footprint and

Supply Chain

Broad Product Portfolio of Market Leading Brands

Long-Term Relationships with a Diverse

Customer Base

Positioned for Top-Line Growth and Margin

Enhancement

Free Cash Flow Generation & Deleveraging

Key Investment Considerations

A strong foundation to create future value

19DRIVEN TO DELIVER January 2016NYSE: HZN

Questions?

20DRIVEN TO DELIVER January 2016NYSE: HZN

For More Information:

Maria Duey

Vice President, Investor Relations

and Communications

(248) 593-8810

[email protected]