Disclaimer. The financial information is this document are considered earnings results based on K-IFRS

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2 Disclaimer This document is provided for the convenience of investors only, before the completion of an external audit. Some figures may be subject to change according to audit outcomes. As the forward-looking statements this release may contain are based on the company s own business outlook, they may differ from the real result. Therefore, the responsibility for investment on this material is imputed only to investors. The financial information is this document are considered earnings results based on K-IFRS

3 Investor Relations 2011 CONTENTS Ⅰ. Company Overview Ⅱ. Products Overview Ⅲ. R&D Overview Ⅳ. 성장 Vision * Appendix Page 1

4 Ⅰ. Company Overview 1. Vision and Core Value 2. History # Product Portfolio 3. Korea Production Site 4. Overseas Production Site 5. Capacity Status 6. Ownership Equity Page 2

5 Ⅰ. Company Overview (1) Vision & Core value Mission Long Lived Company : Human Respect, Best Technology, Customer Satisfaction Core Value Trust Challenge Modesty Vision Manageable Growth with Customer-centric Innovation Long-term Strategy Customer Intimacy Secure Proactive Quality Global Operations Excellence Page 3

6 (2) History Ⅰ. Company Overview 2000 s 1954 ~ 1980 s 1954 Founded SAMLIP Motor Works 1986 Established In-House Reach Center Established SL Sungsan 1987 Established SL Lighting 1988 Initial Public Offering in KRX 1990 s 1994 Established SL Seobong 1995 Established KDS 1997 Established SL Lumax 2000 Established SL Lightech Established HSL 2001 Established SL Tennessee 2002 Established SHB Established Shanghai Samlip 2003 Established SL Alabama(America) Established Beijing Samlip(China) 2004 Established Shiyan Dongfeng(China) 2005 Established SL Yantai(China) 2005 Established SL Mirrortech 2006 Established SL-Hella Slovakia(Slovakia) 2009 Established Samlip GmbH(Austria) Page 4

7 # Product Portfolio <SL Corp.> Parent <SL Group> * Based on Combined Revenue in 2010 Page 5

8 (3) Korea Production Sites Ⅰ. Company Overview SHB SL Lighting SL Lightech SL Mirrotech SL Seobong SHB SL Corp. HSL SHB SL Corp.(HQ) KDS SHB Lamp Chassis FEM Mirror Door Latch Electronic Parts Page 6

9 (4) Overseas Production Sites Ⅰ. Company Overview Lamp Chassis FEM Mirror Page 7

10 (5) Production Capacity Lighting (Calculated based on head lamps) Country Company Name Established Korea China USA Capacity (Million) Capacity 2011yr Results Utilization Customer H/KMC GM Others SL Corp % 59.0% 38.0% 3.0% SL Lighting % 89.2% 8.4% 2.4% SL Seobong % 44.0% 49.0% 7.0% SL Lightech % 100.0% 0.0% 0.0% Beijing Samlip % 100.0% 0.0% 0.0% Donfeng Samlip % 100.0% 0.0% 0.0% Ⅰ. Company Overview Remarks SL Yantai % 17.5% 80.3% 2.2% Others : Chinese OEM SL Alabama % 94.0% 0.0% 6.0% Others: Crysler SL Tennessee % 0.0% 100.0% 0.0% India SL Lumax % 91.4% 1.5% 7.1% Others: Ford Others TOTAL % Capacity (Million) Korea SL Corp Product Based on Country Company Name Established Chassis FEM Auto Shifter FEM China Shanghai Samlip USA SL Tennessee SHB Door Latch Door Latch Korea KDS Electronic parts Ballast HSL Remarks Page 8

11 (6) Ownership Structure Ⅰ. Company Overview Korea 21.3% 34.3% 29.6% 50% 50% 50% 51% Europe c 100% America 60% c 100% 100% 51% 100% China c 100% 50% 100% India c 78.7% c will be consolidated under K-IFRS Page 9

12 Ⅱ. Products Overview 1. Lighting 2. Chassis 3. Mirror 4. ADAS Page 10

13 # Product HEAD LAMPS A/T LEVER M/T LEVER HAND P/B LEVER FOOT P/B LEVER REAR LAMPS H/L LEVELING DEVICE SMD LED ASS Y SNAPLED ASS Y HID BALLAST MIRROR DOOR LATCH FEM (Front End Module) STAB-LINK BALL JOINT TIE ROD END APS / ETC / PEDAL UPR ARM Page 11

14 (1) Lighting Ⅱ. Product Overview LED Head Lamp Full AFLS(LED, HID) DHB (Dynamic High Beam) High Mounted Stop LAMPS REAR LAMPS REAR FOG LAMPS HEAD LAMPS Full AFLS(LED, HID) DHB(Dynamic High Beam) FOG LAMPS Page 12

15 (2) Chassis Ⅱ. Product Overview CEP: Application from K-9 E-Shifter (Joystick Type) A/T LEVER M/T LEVER FEM (Front End Module) HAND P/B LEVER FOOT P/B APS/ETC/PEDAL Page 13

16 (3) Mirror Ⅱ. Product Overview INSIDE MIRROR OUTSIDE MIRROR Page 14

17 Ⅱ. Product Overview (4) DAS(Driving Assistance System) NVS (Night Vision System) HUD (Head Up Display) BSD (Blind Spot Detection) RMC(Rear Moving Camera) BSD(Active Accel Pedal) NVS (Night Vision System) e-shifter HUD (Head Up Display) AAP(Active Accel Pedal) Page 15

18 Ⅲ. R&D Overview 1. Overview 2. R&D Facilities * Lamp Manufacturing Process Page 16

19 (1) Overview Ⅲ. R&D Overview R&D Center Established in 1986 Located at Jillayngeup Kyungsansi Kyungbuk Staff : 505 R&D Center Established('86) ENG Center in Detroit Established('96) Central Lab Open('05) Accredited A2LA ('06) Accredited CMMI Lev3 ('07) R Established ENG Center in Shanghai ('08) Established Electronics Lab in Seoul ('08) Accredited AEMCLRP ('09) Established ENG Center in India ('10) Established Electronics Center in Seoul('10) 2008~ ~ ~2000 *A2LA : American Association for Laboratory Accreditation AEMCLRP : Automotive EMC Laboratory Recognition Program CMMI : Capability Maturity Model Integration Page 17

20 Ⅲ. R&D Overview (2) R&D Facilities Central Lab Electromagnetic wave lab Roadibility lab Moisture lab A2LA (American Association for Laboratory Accreditation) AEMCLRP (Automotive EMC Laboratory Recognition Program) Light distribution lab MOISTURE TESTING Page 18

21 # Lamp Manufacturing Process Page 19

22 Ⅳ. Growth Vision 1. Overview 2. Receiving Orders 3. Sales Status 4. Global Market Page 20

23 (1) Overview Ⅳ. Growth VISION Sales Increase through Core Customers(H/KMC, GM, SAIC,Chery, Dongfeng) Expansion with production sites globally Appointed as competent supplier from customers R&D network is linked with Korea, America and China Page 21

24 Ⅳ. Growth VISION (2) Receiving Orders (W bn) <SL Group> % 0.9% 5.6% % (E) Customer Breakdown As of Dec <Current> <2011yr Receiving Order> Breakdown Based on 2011yr Sales of SL Group Page 22

25 Ⅳ. Growth VISION (3-0) Sales [Unit : Wb] Region Company SL Corp % % % SL Lighting % % % SL Seobong % % % Korea SL Sungsan* % % - 0% SL Lightech % % % SHB % % % KDS % % % HSL % % % Sub Total 1, % 1, % 1, % Beiing Samlip % % % China Sanghai Samlip % % % Dongfeng Samlip % % % SL Yantai % % % Sub Total 132 8% % % U.S SL America Inc % % % India SL Lumax % % % Europe SL-Hella Slovakia % % % Samlip GmbH - 0% 0% % Sub Total % % % Grand Total 1, % 1, % 2, % * SL Sungsan was incorporated into SL Corp. on April Page 23

26 (3-1) Sales Status(Korea:Overseas) Ⅳ. Growth VISION [Unit : Wb] 3,000 Korea China America India Europe 2,680 2,500 2, ,000 1,500 1,000 1, ,521 1, , , , ,162 1,249 1,153 1, (E) % (E) Overseas 14.4% 18.4% 27.4% 32.8% 33.2% 33.5% Korea 85.6% 81.6% 72.6% 67.2% 66.8% 66.5% Total 100% 100% 100% 100% 100% 100% Page 24

27 (3-2) Sales Status(Overseas) America China India Europe Ⅳ. Growth VISION [Unit : Wb] (E) (%) (E) Europe 0.0% 9.6% 10.0% 7.3% 13.0% 15.5% China 28.7% 24.3% 30.4% 43.0% 41.0% 39.9% America 51.8% 40.4% 33.0% 27.5% 29.7% 30.2% India 19.5% 25.6% 26.5% 22.2% 16.3% 14.5% Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Page 25

28 (3) Global M/S Ⅳ. Growth VISION Based on Lighting Revenue (2009) Page 26

29 1 SL Condensed B/S & I/S B/S [Unit : Wb] Classification Q ASSET Current Asset Cash & Cash Equivalent& Short-term Instrument Non-current Asset Tangible Asset Equity method Investments LIABLILITY Current Liability Short-term borrowings Non-current Liability CAPITAL Debt Ration 57.5% 75.1% 42.3% 62.0% 51.9% Current Ratio 154.8% 175.5% 216.3% 169.0% 180.2% Net Cash Net Cash = Cash&Cash Equivalents & Short-tem instrument Short-term Borrowings I/S [Unit : Wb] Classification Q SALES OPERATING INCOME % 3.9% 4.6% 4.9% 3.7% 5.9% Equity Method Gains EBITDA EBT NET INCOME % 5.7% -13.6% 24.3% 15.6% 19.6% FY2007~FY2010 under K-GAAP / FY2011 1Q under K-IFRS *Appendix

30 2 SL Yearly Operating Result *Appendix [Unit : Wb] Classification Sales OP % 1.7% 3.9% 4.6% 4.9% 3.7% EBIT (62.7) Net Profit (43.6) EPS(Won) 1, (1,421) 2,747 2,478 EBITDA

31 3 SL Quarterly Operating Result *Appendix [Unit : Wb] Classification Q '08 4Q '08 1Q '09 2Q '09 3Q '09 4Q '09 1Q '10 2Q '10 3Q '10 4Q '10 1Q '11 2Q '11 Sales Gross Profit % 14.8% 22.0% 14.1% 15.2% 10.7% 16.7% 14.3% 12.4% 12.5% 10.1% 12.2% 14.9% OP % 5.6% 8.3% 3.9% 7.1% 1.0% 7.8% 4.8% 3.1% 3.4% 3.2% 5.1% 6.3%

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