Company presentation

1. Company presentation

2. MISSION • Pininfarina isa Leading Italian Design House, flexible Partner for OEMsand self-branded carManufacturer. • With a history that dates back to 1930, Pininfarina offers to the market - both OEMs and final consumers - competitive products • and services based on its brand values: creativity, experience and innovation. • Its activities include all-around design, engineering and contract vehicle manufacturing services. • By 2009 the Pininfarina luxury • Electric Vehicle will be launched.

3. PININFARINA BRAND BRILLIANCE HAFEI The Pininfarina brand, in the automotive sector, is associated with trademarks strongly linked by a consolidated cooperation

4. PININFARINA BRAND Through Pininfarina Extra, the Pininfarina brand is associated with consumer goods in several sectors

5. PININFARINA BRAND Characteristic of Pininfarina offer today Practical Visionary Industrial Solidity Iconic / Aesthetics

6. FIGURES 78 years of history 14 sites in 7 countries 3.549 employees 1950-2007:1.200.000 cars produced 700.000 convertible cars produced Over 200 models designed in the last 20 years 70 international design award in the last 10 years

7. SITES AND PERSONNEL Pininfarina S.p.A. Manufacturing SITES in ITALY GRUGLIASCO Operating since 1954 Process engineering and testing premises, Aerodynamic and Aeroacoustic Research Center. Body-in-white and paint shops for all product lines.

8. SITES AND PERSONNEL Pininfarina S.p.A. Manufacturing SITES in ITALY SAN GIORGIO Operating since 1986 Trim and final assembly shop, test track and final tuning, for Alfa Romeo Brera and Alfa Romeo Spider. The plant has been completely revamped and equipped with state-of-the-art industrial automation. The assembly and test areas have been redesigned in a single building and two robotized cells have been introduced. The paint finishing zone is also entirely new and uses a closed booth system in a segregated area equipped with fume extraction.

9. SITES AND PERSONNEL Pininfarina S.p.A. Manufacturing SITES in ITALY BAIRO Operating since 1999 Trim and final assembly shop, test track and final tuning, for Ford Focus Coupé Cabriolet and Mitsubishi Colt CZC. The plant has been completely revamped and equipped with state-of-the-art industrial automation.

10. SITES AND PERSONNEL Matra Automobile Engineering Matra Automobile Engineering SITES in FRANCE TRAPPES Acquisition of Matra Automobile Engineering in 2003 Technical center High-premium engineering service provider in the automobile and transport sectors. It covers the entire product development cycle, from styling to start of production.

11. SITES AND PERSONNEL Matra Automobile Engineering D3/Plazolles Modelage SITES in FRANCE COURBEVOIE Acquisition of Matra Automobile Engineering in 2003 Model and concept cars

12. SITES AND PERSONNEL Matra Automobile Engineering Ceram SITES in FRANCE MORTEFONTAINE Acquisition of Matra Automobile Engineering in 2003 Test track and automotive research center

13. SITES AND PERSONNEL Matra Automobile Engineering Technical center SITES in MOROCCO CASABLANCA Inauguration in 2003 Best cost country site for engineering activities

14. SITES AND PERSONNEL Pininfarina Deutschland mpx Entwiklung SITES in GERMANY MUNICH Acquisition in 2006 Product engineering activities

15. SITES AND PERSONNEL Pininfarina Sverige Car Production for Volvo C70 SITES in SWEDEN UDDEVALLA Joint Venture in 2003 between Pininfarina (60%) and Volvo (40%) Project management, process engineering, prototyping and testing services. All the production phases of the Volvo C70: assembly and painting of the body and roof; installation of the mechanicals and trimming of the cabin; tests on the finished vehicle on an in-house track and release of the vehicle ready for delivery to the customer. Prior to production, Pininfarina converted the plant from the old “satellite” type system to the conventional assembly line. The car is produced using state-of-the- art technologies such as laser welding of the body and we also registered 4 major patents: energy absorbing blocks, high suv impact protection, hydroformed A-pillar, door crash beam engagement system.

16. SITES AND PERSONNEL RHTU Sverige Production of retractable hard tops SITES in SWEDEN UDDEVALLA Inauguration in 2003 (100% Pininfarina)

17. SITES AND PERSONNEL Pininfarina extra USA SITES in USA FORT LAUDERDALE (Florida) Pininfarina Extra USA Corp., was established in the first six months of 2006 in Fort Lauderdale (Florida). Pininfarina Extra USA Corp. closely supervise American customers' projects in the product and interior sector as well as in the nautical and aviation area.

18. SITES AND PERSONNEL Representative Office SITES in CHINA BEIJING Opening of Pininfarina China Office in Beijing in 2005.

19. HISTORY 1930-1957 1930 1957 Company foundation and craftmanshipphase

20. SIXTIES Research into shape and safety, technological evolution, mass production, from Farina to Pininfarina 1958 1971 1966 Creation of a dedicated Design and Research Center 1966 Battista Pininfarina dies and his son Sergio takes his places as Chairman of the company

21. HISTORY 1972-1981 1972 1981 From Factory to Technology

22. EIGHTIES 1982 2000 Engineering & Development, expanded manufacturing, product design, Stock Exchange quotation 1982 Pininfarina Studi e Ricerche is founded in Cambiano 1986 Opening of a second production facility in San Giorgio Canavese 1986 Pininfarina Extra is founded

23. 2001-2005 2001 2007 Skills, experience, tradition, innovation 2002 A new engineering centre is opened in Cambiano 2003 Acquisition of Matra Automobile Engineering Pininfarina Sverige is founded 2005 Foundation of Matra Automobile Engineering Maroc in Casablanca Opening of Pininfarina China Office in Beijing Production 2000-2005: Alfa Romeo GTV + Spider, Coupè Fiat, Ford StreetKa, Lancia K s.w., Mitsubishi Pajero Pinin, Peugeot 306 cabriolet, Peugeot 406 coupé Prototypes: Ferrari “rossa”, Citroen Osée, Ford Start, Nido, Maserati Birdcage 75th

24. TODAY 2008 Pininfarina is a Leading Italian Design House, flexible Partner for OEMs and self-branded car Manufacturer With a history that dates back to 1930, Pininfarina offers to the market - both OEMs and final consumers - competitive products and services based on its brand values: creativity, experience and innovation. Its activities include all-around design, engineering and contract vehicle manufacturing services. By 2009 the Pininfarina luxury Electric Vehicle will be launched.

25. THE COMPANY TODAY Engineering capability enrichment Design and Engineering Services Contract Vehicle Manufacturing (CVM) • Design • Process and Product Engineering Manufacturing of sports and retractable top vehicles. Description • Design is focused on an international market base, targeted to customer brand development • Design is characterized by the long-lasting relationship with worldwide car-makers leaders in the luxury segment such as Ferrari and Maserati • Engineering carries out captive and non captive activities for both internal and external production • Volvo C70 • Alfa Romeo Brera • Alfa Romeo Spider • Mitsubishi Colt CZC • Ford Focus Coupé-Cabriolet Products 8% market share in Design and Engineering Services (in the last 3 years increase market share from 2% to 8%) The company is the G/Sport segment leader with a market share of 36%

26. FLEXIBILITY Design Ferrari, Maserati, Fiat, Lancia, Alfa Romeo, Peugeot, Citroen, Bentley, Rolls Royce, Daewoo, Honda, Hyunday, General Motors, Brilliance Ferrari, Hafei, Chery, JAC, Maserati Alfa Romeo, Ford, Mitsubishi, Peugeot Renault, Jaguar, Peugeot, Citroen Ford, Alfa Romeo, Volvo Engineering Mitsubishi Production

27. DESIGN – OTHER MEANS OF TRANSPORTATION Industrial vehicles and railways (Ansaldobreda, BMC, Hino, Hispano Carocera) Design by Pininfarina

28. DESIGN – OTHER MEANS OF TRANSPORTATION Airplanes and boats (Challenger Powerboat, Primatist, Aero Toy Store, Alenia Aeronautica) Design by Pininfarina Extra

29. PININFARINA EXTRA Architecture & Interior CEAN, Torre Mexico, Keating Hotel, Shreder… Consumer Mentadent, Gancia, Bric’s, Lavazza, Venini, Ray Home & Office Jacuzzi, Coleman, Uffix, Snaidero, Dema, Gorenje… Sport Switch, Lange, Fila, Mizuno Technology Samsung, 3M, Simple Tech, Fastweb…

30. Mauro Charrière’s career • Actual Position : Supply Chain Director Pininfarina S.p.A • Previous career highliths: • Worldwide Supply Chain Manager for Ergom Group. • Supply Chain Manager “ Carrozzeria Bertone S.p.A” • Manufacturing Manager “Carrozzeria Bertone S.p.A” • Experimental Dept. Manager “Carrozzeria Bertone S.p.A” • Various in Quality Dept. “Carrozzeria Bertone S.p.A” • Various : • National Logistic Consultant for • Logistic reporter for some national logistic newspapers: • University consultant for best practise solutions • Importat Awards and Certification: • Logistic of the Year 2005 • ELA Certification “STRATEGIC LEVEL” 2007

33. IT Manufacturing Suppliers Quality Spare-parts Supply Chain and in house Logistic Purchasing Marketing /Sales and Administration OEM / Customers

34. President and CEO General Manager Logistic Dept.Mauro Charrière Logistic Flow and Lay-out. New Project Developement CambianoPlant Bairo Plant Grugliasco Plant San Giorgio Plant BOM Transport/Empties. Spare parts/ Customer order Management

35. Company presentation Operative Best Practices

36. Before Kitting implementation Assembly line Lineside Storage Lineside Storage Main Problems to be solved

37. Kitting Flow Material Feeding: Parts are delivered along lineside in predetermined quantities according the specific products to be assembled. Parts are delivered in dolly Containing only the parts needed for that single unit Distribution also in this case is up to logistic Only the parts needed are supplied Better shop-floor control (quality) Increased flexbility Zero errors Manufacturing and assembly space is saved No-more stock-out No-more operators’ walking and searching time is requested Beneficts of kitting

38. Sample of Dolly Layout Kitting Area

39. Planning Schedule for empty racks Suppliers receive the empty racks to use for the shipment in W.3 (one week in advance) W 1 W 2 W 3 W 4 M T W T F M T W T F M T W T F M T W T F PININFARINA send the empty racks for shipments in W.3 Actions: EPUS is sent to LP/Suppliers Warehouse people get EPUS from the system Each EPUS has a progressive number and reports the relevant DATA Driver gets EPUS copies in advance from the LP Driver shows EPUS to PF logistic operator Logistic operator Loads truck according EPUS

40. Logistic Tools already installed SILS (Supply In Line Sequence) Max/Min Qty Checking Kanban/Twin Bin System Others . . . . Logistic Tools / New Concept to be improved in the future RF for different applications Optimization of Truck Loading Based on MRP Requirement Internal “Logistic milk-run Train” Suppliers integration into the lean manufacturing concepts

41. PININFARINA EXTRA Our aim is to be a reliable long-term partner with industrial companies, investing in design as a strategic element in order to position themselves on the market as a leader and innovator