Components

Sergio Marchionne

An international group committed to design and produce hi-tech systems and components for automotive sector

• 85 plants

• 12 R&D centers

• 26 application centers

• 38,000 employees worldwide

NAFTA

Mexico

USA

-

EUROPE

Czech Republic

France

Germany

Italy

Poland -

ASIA SOUTH

AMERICA

Argentina

Brazil

- -

Production plant Application center R&D center

- Russia

Serbia

Spain

Turkey

Slovakia

- - - -

- -

Magneti Marelli Who we are

China

India

Japan

Malaysia

- - -

Magneti Marelli Our business lines

Automotive Lighting

Halogen/HID/LED Front/Rear Lamps

AFS modules

Electronic Systems

Body electronics & electronics modules

Instruments clusters & displays

New HMI

Connectivity & telematics

Infotainment

Powertrain

Engine control systems

Gasoline, diesel and multi-fuel systems/components

AMT/DDCT

Exhaust Systems

Complete exhaust lines/components

Emission control solutions (DPF)

Plastic Components and Modules

Dashboards & interiors

Bumpers & exteriors

Fuel systems

Shock Absorbers

Shock absorbers

New damping solutions (mechanical/electronic)

Synaptic damping control

Suspensions

Modules

Components

Aftermarket Parts & Services

Spare parts

Workshop services

Tuning

Racing & New Technology

Advanced engine/vehicle ECUs

Telemetry/data systems

Advanced engine components

F1, rally, MotoGP support

Engineering services

Magneti Marelli Competitive position of core businesses

Lighting

ElectronicsPowertrain

39%

11% 15%

35%

Exhaust Systems Suspension Systems Plastic Components & Modules Shock Absorbers After Market

by business line

Lighting (~15% sales to FCA companies) • 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)

• Customer portfolio diversified and well-balanced with a global manufacturing footprint

Powertrain (~50% sales to FCA companies) • A leading global supplier with particular focus on engine

control systems and components, engine control unit, automated manual transmissions, and advanced technology for alternative fuel solutions

Electronics (~25% sales to FCA companies) • Key technological know-how for new HMI / Connectivity

solutions

• A leading player for clusters, displays, telematics, connectivity and new HMI as well as a competitive supplier for new infotainment solutions

2013 revenues ~€6bn

(38% captive sales)

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

Body Welding Leading proprietary technologies for steel and aluminum materials • High-density

automation • Integrated logistics • Multi-material joining

Powertrain Systems Full-service provider for light vehicles and light commercial trucks • Machining systems • Assembly systems • Testing systems • Additive manufacturing • Energy efficiency

management

Robotics High performance versatile technology • From 6 to 800kg payload

range • Process-oriented

software • Plug & play robotized

solutions

Adaptive Solutions From automotive market to non-automotive industries with emerging automation needs • Targeted applications

Commercial vehicles Heavy Industry Aerospace

Service After-sales assistance, maintenance packages and facility maintenance • A leading supplier of

manufacturing services and asset management in 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

Zhenjiang 85,000 T / year

Monclova 100,000 T / year

Aveiro 40,000 T / year

Skoczòw 70,000 T / year

Carmagnola 2013: 30,000 T / year 2018: 38,000 T / year

Betim 270,000 T / year

Betim 2013: 7,000 T / year

2018: 22,000 T / year

Global capacity utilization

Iron

Aluminum

70+%

60+%

~80%

~90%

2013 2018E

Iron plant

Aluminum plant

• 2013 turnover of ~€0.7bn

• 7 plants worldwide

• 1 R&D center

• 7,000 employees globally

Teksid Our business lines

Cast iron business

• A world leading manufacturer of grey and nodular iron castings

• State-of-the-art technology, high automation rate, high quality standards, ever-closer integration with customers in product development

• Main products Grey iron cylinder blocks for light vehicles Engine blocks and heads for trucks engine Exhaust manifolds Nodular iron crankshafts, camshafts…

2013 2016E 2018E

407 416 426

Thousand of tons 2013 2016E 2018E

19 37

54 Europe

North & South America

Aluminum business

• Manufacturer of light metal castings for automotive industry

• Co-design activities and simultaneous engineering as key strengths

• Key products Cylinder heads Cylinder blocks

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

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

Revenue

CAGR ~9%

€8B

~€12B

2.5%4%-5%

2013 2014E 2015E 2016E 2017E 2018E

EBIT Margin

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.