INVESTOR PRESENTATION Q1 2014May 8, 2014

Matti Hyytiäinen, President & CEO

PKC’s Operations

• Lower utilization rates in general• Reorganisation and program transfers on-

going in Europe

2

Business Environment

Q1/2014 Highlights

• European truck production decreased fromQ4/2013 due to transition to Euro 6 standardat the end of 2013

• North American truck production increased,while Brazilian heavy duty truck productiondecreased from Q4/2013 and Q1/2013

PKC’s Financial Performance

• Deeper losses in Brazil continued to burdenprofitability

• Seasonal increase in net working capitalimpacting cash flow

PKC Investor Presentation Q1 2014

Maximizing current PKC set-up

3

Strategy 2018 Update

• Nogales factory to be closed in 2014. TheNogales production shall be transferred toPKC’s existing facility in Torreon, Mexico

• PKC has established a wiring systems companyin Lithuania

• European manufacturing footprint to beevaluated on the basis of experience to begained in Serbia and Lithuania

PKC Investor Presentation Q1 2014

Penetrating into APAC

• In China the enforcement of Euro 4 standardhas increased Chinese OEM’s interest towardsPKC knowhow - several new opportunitiesemerged

4

Key Figures

EUR million 1-3/14 1-3/13 2013

Revenue 203.8 225.2 884.0

EBITDA1) 12.1 18.8 70.3

EBITDA1) % 5.9% 8.3% 8.0%

Non-recurring items -2.7 -5.4 -10.4

Operating profit 2.9 5.9 30.5

EPS (EUR) 0.04 0.14 0.62

Cash flow from operations -12.8 3.5 39.7

Gross capital expenditure 6.5 3.3 14.6

Net working capital 81.6 81.0 63.5

Total assets 453.5 500.2 455.6

Gearing, % 8.6 32.4 -1.1

PKC Investor Presentation Q1 2014

1) Excluding PPA depreciation and amortisation and non-recurring asset impairment and write-downs

Revenue

PKC Investor Presentation Q1 2014 5

128.9 130.7 120.2 111.6 114.4

0

50

100

150

200

250

Q1/13 Q2/13 Q3/13 Q4/13 Q1/14

North America EuropeEUR million EUR million

South AmericaEUR million

Total GroupEUR million

56.0 61.6 54.4 64.8 54.4

13.0 12.0 10.9 10.1 9.7

0

50

100

150

200

250

Q1/13 Q2/13 Q3/13 Q4/13 Q1/14

22.2 23.6 20.2 20.2 17.00

50

100

150

200

250

Q1/13 Q2/13 Q3/13 Q4/13 Q1/14

208.4 217.2 196.4 198.4 188.4

16.7 17.915.3 13.7 15.4

0

50

100

150

200

250

Q1/13 Q2/13 Q3/13 Q4/13 Q1/14

Average Number of Personnel

PKC Investor Presentation Q1 2014 6

12,151 11,617 11,051 11,126 11,081

0

5,000

10,000

15,000

20,000

25,000

Q1/13 Q2/13 Q3/13 Q4/13 Q1/14

North America Europe

South America Total Group

4,305 4,508 4,404 4,769 4,676417 302 266 245 236

0

5,000

10,000

15,000

20,000

25,000

Q1/13 Q2/13 Q3/13 Q4/13 Q1/14

3,035 3,335 3,076 2,964 2,8380

5,000

10,000

15,000

20,000

25,000

Q1/13 Q2/13 Q3/13 Q4/13 Q1/14

19,526 19,501 18,589 18,921 18,659

745 664 647 620 616

0

5,000

10,000

15,000

20,000

25,000

Q1/13 Q2/13 Q3/13 Q4/13 Q1/14

Net Working Capital

7

84.6 109.0 112.9 106.1 92.7 105.7

87.592.1 87.8 87.7

80.2 80.4

-75.5 -94.8 -90.8 -88.4 -88.7 -87,0

-23.8-25.3 -26.6 -23.4 -20.7 -17.6

0

2

4

6

8

10

12

14

16

-150

-100

-50

0

50

100

150

200

250

Q4/12 Q1/13 Q2/13 Q3/13 Q4/13 Q1/14

Trade receivables InventoriesTrade payables Other liabilities and receivables***NWC* % of Revenue**

81.0 83.272.7 82.0

63.5 81.6

EUR million %

* Average of previous four quarters ** Revenue of previous 12 months

PKC Investor Presentation Q1 2014

*** related to employee benefits, taxes and financial items

Inventories Trade receivables

Cash Flow

39.7

3.5

-12.8-14.8

-3.3 -5.5

24.9

0.2

-18.4

-30

-20

-10

0

10

20

30

40

50

2013 1-3/13 1-3/14

Cash from operations Capital expenditure Free cash flow

8

EUR million

PKC Investor Presentation Q1 2014

-2.2

56.4

16.9

0.0

0.8

0.3

-0.4

0.0

0.4

0.8

1.2

1.6

2.0

2.4

-10

0

10

20

30

40

50

60

2013 Q1/13 Q1/14

Net debt Net debt to EBITDA*

Balance Sheet and Returns

9

42.7

34.8

43.3

05

101520253035404550

2013 Q1/13 Q1/14

Equity ratio, %

-1.1

32.4

8.6

-505

101520253035

2013 Q1/13 Q1/14

Gearing, %

7.8 7.3

1.9

14.7 14.4

9.1

0

5

10

15

20

25

30

2013 Q1/13 Q1/14

ROE, % ROI, %

% %

EUR million %

PKC Investor Presentation Q1 2014*EBITDA of previous 12 months

10

Wiring Systems Segment, Q1/2014

• Revenue decreased 5% from previousquarter and 10% from previous year– FX conversion impact about -5%– Light-vehicle build-outs reduced revenue in

North America

• Adjusted EBIT decreased from previousquarter and year level– Deeper losses in Brazil– Lower utilization rates– Reorganisation and program transfers in

Europe– Expenditures related to the implementation

of PKC’s growth strategy

208.4

188.4

217.2

196.4198.4

170

180

190

200

210

220

2013 2014Q1 Q2 Q3 Q4

11.7

5.9

13.3

9.68.3

0

2

4

6

8

10

12

14

2013 2014Q1 Q2 Q3 Q4

RevenueEUR million

Adjusted Operating ProfitEUR million

Illustrated net of non-recurring items

PKC Investor Presentation Q1 2014

PKC Market Share 1-3/2014

57%

43%

North America BrazilEurope

MediumDutyTrucks

HeavyDutyTrucks

PKCOtherSource: PKC Group, ACT Build History April 2014, LMC Automotive forecasting Q1/2014. Note: Europe comprised of EU27 + Efta

APAC

PKC Investor Presentation Q1 2014 11

22%

78%

37%

63%

2%

98%

0%

100%

38%

62%

30%

70%

1%

99%

EU27+ EFTA Truck Production

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

Q1/2013 Q1/2014 2013 2014 2015 2016 2017 2018

Heavy Duty Trucks Medium Duty Trucks

• Production volumes were high in the last quarter of 2013 due to upcomingEuro 6 standard. However, Q1/2014 production volumes were close to year-on-year volumes

• Full year 2014 production volumes are estimated to be down from 2013

12

units

Source: LMC Automotive forecasting 1/2014

EURO 6

+4%

-4%

-11%

-9%

PKC Investor Presentation Q1 2014

North America Production

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

Q1/2013 Q1/2014 2013 2014 2015 2016 2017 2018Heavy Duty Trucks Medium Duty Trucks

+20%

+16%

+5%

+20%

• Production volumes increased in thebeginning of year due to the rise in demand

• Heavy duty truck production volume was up9% from previous quarter and 20% year-on-year

• Stable development in LCV productionvolumes

13

units

Source: LMC Automotive forecasting 1/2014

EPA 2014

0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

7,000,000

8,000,000

9,000,000

10,000,000

Q1/13 Q1/14 2013 2014 2015 2016 2017 2018

+7%

+1%

Light Vehicle (Pick-up and SUV)PKC Investor Presentation Q1 2014

Brazil Truck Production

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

180,000

Q1/2013 Q1/2014 2013 2014 2015 2016 2017 2018

Heavy Duty Trucks Medium Duty Trucks

-5%

+33%

+24%-14%

• Short delay and weakened terms of governmental incentive program to supporttruck sales had an impact on heavy truck production volumes

• Heavy duty truck production volume was down 13% from previous quarter and14% year-on-year

• Medium duty truck volumes were up 50% from previous quarter and 24% year-on-year

14

units

Source: LMC Automotive forecasting 1/2014

PKC Investor Presentation Q1 2014

15

Electronics Segment, Q1/2014

• Revenue increased 12% from previousquarter and decreased 8% year-on-year

• Despite lower sales profitabilityremained on a healthy level

16.715.4

17.915.3

13.7

0

5

10

15

20

2013 2014Q1 Q2 Q3 Q4

1.0 0.9

1.7

1.3

0.2

0.0

0.5

1.0

1.5

2.0

2013 2014Q1 Q2 Q3 Q4

EUR million

EUR million

Illustrated net of non-recurring items

Adjusted EBIT

Revenue

Market Outlook – Full Year 2014

• The market demand for Electronicssegment’s products is expected toremain at the present level

PKC Investor Presentation Q1 2014

Market Outlook – Full Year 2014

• European heavy duty truckproduction is estimated to decreaseby 11% and medium duty truckproduction by 9% compared to2013.

• North American heavy duty truckproduction is estimated to increaseby 16% and medium duty truckproduction to increase by 5%.

• Brazilian heavy duty truckproduction is estimated to decreaseby 5% and medium duty truckproduction to increase by 33%compared to 2013.

16PKC Investor Presentation Q1 2014

PKC Group’s Outlook

• PKC Group estimates that 2014revenue and comparable EBITDA willbe lower than in 2013.

• Revenue estimate is based oncurrent business structure. Revenuewill be affected by light vehicle build-outs in North America and bychanges in exchange rates.

• Comparable EBITDA in 2014 willalso be affected by reorganisationand program transfers in Europe andexpenditures related to theimplementation of PKC’s growthstrategy.

• In 2013, PKC’s revenue was EUR 884.0 million andcomparable EBITDA before non-recurring items wasEUR 70.3 million

PKC Investor Presentation Q1 2014 17

PKC’s Strategy Captures GrowthOpportunities

18PKC Investor Presentation Q1 2014

PKC Group PlcUnioninkatu 20-22

FI-00130 Helsinki, Finland

www.pkcgroup.com