Combined Strength. Global Reach. Accuride Wheels Europe & Asia Introduction Scott Hazlett, President 20 September 2018 AccurideCorp.com
Accuride Corporation Leading Supplier to NA + EU truck/trailer industry 57% Commercial Truck & Trailer Balanced 48% Americas, 40% Europe Three Business Units Accuride Wheels Europe & Asia Accuride Wheels North America Accuride Wheel End Solutions 4,800 Associates in Europe, North America & Asia Operational Footprint 15 manufacturing facilities & 10 distribution centers 13 global third-party contract manufacturing locations 2018 FCST Consolidated Revenue: >$1.2 billion Europe 40% Asia 12% Regions Americas 48% Market Segments North America & EU HD North America HD Passenger Car & Light Truck 9% Agriculture & Construction 5% Steel Wheels #1 Aluminum Wheels #2 Brake Drums #1 Wheel Hubs #3 ASAs & Rotors #3 Heavy Truck & Trailer 57% Aftermarket 29% 2
Accuride Wheels Europe & Asia Business Overview Leading producer of OEM steel wheels with rim diameters from 12 to 32 and rim widths from 3 to 28 Geographic Footprint Strategically positioned footprint with production in Western Europe, Russia, Turkey and China; sales resources in key markets 2018E Revenue: ~ 400 million Headquarters: Solingen, Germany Eight production facilities and ~3300 associates in Germany (3), Russia (2), France, Turkey and China. Three market segments: Commercial Transportation (62% of sales) Personal Transportation (25%) OTR - Agriculture, Construction / Industrial Machinery (13%) Key customers: Commercial vehicles: Iveco, Volvo, PACCAR (DAF), Daimler, VW (MAN/Scania), Kamaz, large trailer OEMs Personal Transportation: Renault, PSA, Daimler, BMW, AutoVaz, etc OTR Segment: CAT, AGCO, Komatsu, John Deere, Terex, Liebherr, TurkTractor, Wacker Neuson, 100+ others Strategic benefits: Accuride now has global scale and capability Approximate Revenue Breakdown By End Market Agriculture Machinery 6% Construction Machinery 7% By Geography Russia 8% Asia 5% ROW 5% Strengthened and expanded long-term customer relationships Geographic, end market, and customer diversification Accuride s proven manufacturing and operations systems will drive improved operational & financial performance Strong platform for aluminum wheel expansion Personal Transportation 25% Commercial Transportation 62% Europe 82% 3
Proud History; Evolving Technology Leadership 4
Changing the Global Landscape Locations: Accuride KIC (Including Manufacturing Partners) Mefro Wheels 5
Accuride Wheels Europe and Asia Integration Plans Recapitalized the business Reduced the former mefro Wheels debt by ~ 60M Increased Accuride s liquidity by ~ 50M Building a highly effective leadership team Effective balance of former mefro leaders and new additions in some key roles Strong experience in automotive, heavy truck and off-road segments Key investments > 50M allocated to invest in the business, 2018 through 2021 Product Innovation I Process Capabilities I Facilities Aggressive implementation of Accuride s quality and Lean systems Greatly improve operational performance of plants and supply chain efficiencies Achieve & sustain world class operating standards (safety, quality & delivery) Aggressively & opportunistically pursue profitable growth by providing superior products and services to our customers Organic growth with existing customers Strategic growth through acquisition and / or JV to expand our product portfolio, or better serve existing / new customers in emerging markets 6
Combined Strength. Global Reach. Accuride Wheels Europe & Asia Introduction Scott Hazlett, President 20 September 2018 AccurideCorp.com