Rinder group presentation August 2015

RINDER CORPORATION OVERVIEW

Rinder is a Lighting Equipment Designing and Manufacturing Organizationwith 50+ years expertise

Rinder has its own R & D center located in Spain.

Rinder is composed of 6 manufacturing facilities in India, Europe, & Columbiawith over 1150 employees.

Rinder India, started in 1997, is 100% owned by Rinder Corporation.

Main Customers : Bajaj, TVS, Kawasaki, Hero Motocorp, Honda Motorcycles,Suzuki Motorcycles, Yamaha, Royal Enfield, KTM, Harley Davidson, TriumphMotorcycles, Ducati, Benelli, Peugeot, Tata, Fiat, Volkswagon, Ford, Maruti,Isuzu, Mahindra, Daimler, Volvo.

RINDER CORPORATION Main milestones• 1952 First Design and Manufacturing Unit in Spain

•1997 First Plant in India

•2003 Second Plant in India

• 2006 Set up of Rinder Corporation in Zamudio (Vizcaya – Spain) as a central decision-makingstructure to optimize the various synergies and the potentialities of RINDER Group

• 2006 Set up of Light Systems Technical Center in Zamudio (Vizcaya – Spain) founded as designcenter of Rinder Corporation

• 2008 Second Manufacturing Plant in Spain.

• 2009 Third Plant in India

• 2013 First Plant in South America (Colombia)

• 2013 Set up of Light Systems Technical Center – India (R&D center) at Rinder Pune.

RINDER CORPORATION : General OverviewSALES TURNOVER

€ 56 million

EMPLOYEES:

1600 Worldwide

GLOBAL LOCATIONS:

6 manufacturing sites in 3 countries

RESEARCH & DEVELOPMENT:

Light Systems Technical Center (Spain)

KEY INDUSTRIES SERVED:

2 whlrs (motorcycles,scooters & step through)

4 whlrs (LCV/ MCV/ HCV & SUV’s) &Passenger car

10%

90%

SALES BY SEGMENT

COMMERCIAL

TWO WHEELER

27%

73%

SALES DISTRIBUTION

EXPORT

DOMESTIC

INDIA

INDIA

RINDER CORPORATION GLOBAL PRESENCE

Spain

Columbia

R & D20061952

2008

2013

2003

1997

India

2009

INDONESIA

2016

EXISTING PLANTS UPCOMING

BRAZIL

2015

JAPAN

BUSINESS

DEVELOPMENT OFFICE

1952

RINDERINDUSTRIAL

After MarketProduct

2008

LAMPSYS

OEM

2009

RINDER INDIADELHI

OEM

2003

RINDER INDIACHAKAN

OEM

2006

LSTC

Technical CenterR&D division

1997

RINDER INDIAPIMPRI

OEM

2006

RINDER CORPORATION

2013

RINDER RIDUCOCOLOMBIA

OEM

JV plant

JAPAN Business Development Office

RINDER CORPORATION STRUCTURE

1. RINDER INDUSTRIAL, Guernika

Standard Product and Aftermarket

2. CORPORACIÓN RINDER, Zamudio

3. LIGHT SYSTEMS TECHNICAL CENTER, Zamudio

Design and R&D Center

4. LAMPSYS, Miñano

OEM customers manufacturing

1

2

3

Rinder in Europe (Location)

4

LIGHT SYSTEM TECHNICAL CENTER (Zamudio – Spain)

Engineering & Design Center located in Europe

Project Development for Rinder Corporation facilities

45 engineers, project managers and designers

Viability & Technical studies

Product and Optical design

Product validation, Prototyping & Homologations

Research, Development & Innovation

Rinder in Europe

RINDER INDUSTRIAL (Guernika – Spain)

Manufacturing facility of Aftermarket products. The first plant started way back in 1952

9.000 m2 of manufacturing facilities

Production capacity upto 400.000 headlamps

155 employees

Standard headlamps, tail lights, and generic lighting equipment

Injection, Surface Treatment, Metallizing, Sealing & Welding, and Assembly Processes

Rinder in Europe

LAMPSYS LIGHT SYSTEMS (Miñano – Spain)

* Our top-line Manufacturing Division for OEM customers, raised upon the experience of more than 50years on the Lighting Business

* Started activities in Oct 2008

* 6.500 m2 of Manufacturing Facilities (15.000 m2 total surface)

* Production capacity over 1.000.000 headlamps

* 120 employees

* Headlamps, Tail Lights, and Exterior Lighting for Motorcycles, Commercial & Industrial Vehicles

* Injection, Surface Treatment, Sealing & Welding, and Assembly Processes

Rinder in Europe

Rinder in India (Location)

1. RINDER INDIA, PuneWest IndiaOEM INDIA + ASEAN

2. RINDER PIMPRI, PuneWest IndiaOEM INDIA

3. RINDER INDIA, DelhiNorth IndiaOEM INDIA

RINDER INDIA (Pune – West India)

* OEM Customers with large volume productions

* Started activities in 2003

* 25.200 m2 of Manufacturing Facilities


* 650 employees

* Headlamps, Tail Lights,and Exterior Lighting for Motorcycles, scooter, Commercial & Industrial Vehicles


Rinder in India

RINDER INDIA (Pune – West India)

Manufacturing Facility for OEM Customers

Started activities in 1997

4.000 m2 of Manufacturing Facilities with 160 employees

Production of Commercial Vehicle Tail-Lights

Injection, Surface Treatment, Sealing & Welding, and Assembly Processes

Rinder in India

RINDER INDIA (Delhi – North India)

* OEM Customers of the North India

* Started activities in 2009

* 10.000 m2 of Manufacturing Facilities with 460 employees


* Headlamps, Tail Lights,and Exterior Lighting for Motorcycles, scooter, Commercial & Industrial Vehicles


Rinder in India

RINDER RIDUCO (COLOMBIA)

Rinder Riduco is a Company created byRinder SA (50%), a Spanish based Company,and Riduco S.A(50%), a Colombian basedCompany, whose core business will be tosupply in the best way motorcyclemanufacturers based in Colombia.

Both Companies are well known andappreciated by Customers headquartersbased in Europe and South America

Target of this new Company is to meetColombian automotive requirements and toreduce cost impact creating a real alternativein Colombian market.

Rinder in Columbia

Rinder India’s Steps in New Technology

2006 2007 2008 2009 2010 2011 2012 2013 2014

Head lamp with H7

projector & LED light

guide position lamp

LED light guide chrome

plated tail lamp

• 1st Four wheeler product

Headlamp for LCV

• Introduced LED turn signal

lamp & LED license Lamp

LED tail lamp

with light guideIntroduced

Headlamp

with H7&

H4 Bulb

Introduced

Headlamp with

H7 bulb &

Projector lamp

Introduced

Headlamp with

H11 Bulb and

LED tail Lamp

Front Position

lamp with

LEDs

Introduce

d 1st Head

lamp with

HS1 Bulb

in India

Introduced LED

Headlamp –

Bi-LED Projector

INNOVATIONS

CONTINUES

FEW LATEST DEVELOPMENTS

RINDER INDIA – LATEST DEVELOPMENTS

18

PULSAR 400SS

Head Lamp: Projector

Indicators: LED’s

Tail Lamp : LED’s

Front Position : LED’s




21

HONDA UNICORN 160

Tail Lamp : LED’s

HERO CBZ Extreme Sportz

Headlamp - Bulb

Position Lamp: LED

Tail Lamp - LED,s


HERO CBZ Extreme

Headlamp - Bulb

Tail Lamp - LED,s


24


HERO PLEASURE

Headlamp - HS1; 12V 35W

Tail Lamp - 21/5W & RY10W

Blinker - RY10W


25

TVS JUPITER

Head Lamp: Bulb

Front indicators: Bulb

Tail Lamp : LED’s & Bulb

TVS WEGO

Head Lamp: Bulb

Front indicators: Bulb

Tail Lamp: LED & Bulb

26


Royal Enfield- Thunderbird

Headlamp- Bulb Projector Lamp

Position Function : LED (Light Guide)

Tail Lamp- Light Guides & LEDs

Blinkers- Bulbs


BAJAJ-KTM DUKE

Head Lamp: Bulb

TailLamp: LED´s

Front and Rear Indicators: LED´s

License Light: LED´s


KAWASAKI Ninja 650R

Tail Lamp : LED´s

Front and Rear Indicators: Bulb

License Lamp: Bulb


KAWASAKI ZX 10R

Front Position Light based on LED´s


KAWASAKI Z1000

Tail Lamp: LED´s

Rear Indicators: Bulb

License Lamp: Bulb

31


KAWASAKI Ninja ER6N

Head Lamp: Bulb

Tail Lamp: LED´s

Front and Rear Indicators: Bulb

License Lamp: Bulb

32


RINDER INDIA BUSINESS FORECAST

RINDER INDIA –BUSINESS FORECAST

Rinder India plans to cross 5000 million mark by 2018 through its commitment of

launching innovative technologies year by year.

RINDER INDIA –BUSINESS FORECAST

NEW PLANTIN SOUTH INDIA

Rinder India will be setting up a new plant in South India by year 2017..

Documents

Rinder group presentation August 2015