AGCO POWER REMANUFACTURING TAMPERE MATCHMAKING EVENT

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AGCO POWER REMANUFACTURING TAMPERE MATCHMAKING EVENT 23.11.2017

AGENDA 1 AGCO Power Inc. as company 2 AGCO Power REMAN portfolio 3 AGCO Power REMAN process. 2

1. AGCO POWER INC. 3

o Factory was establish on year 1942 at Linnavuori Nokia Finland o Just recently celebrated company s 75 years history o Manufacturer of diesel engínes for off-road applications, engine components, gears and transmission components o All together AGCO Power has been manufactured 1 000 000 engines, from which 700 000 in Linnavuori factory. Dowadays also manufacturing sites in Brasil, China and Argentina. o More than 1 500 000 gears / transmission components produced per year and for example 100 000 complete transmissions to Bombardier for snowmobiles from Linnavuori factory over the years o Also producing diesel generating sets, diesel pump sets and offering service / maintanance solution for these applications o Remanufacturing of engines / engine components, allready four decades, annual volyme 1500 engines / 5000 components such as fuel injection equipments o Part of global AGCO corporation since 2004. AGCO official brands are Fendt, Massey Ferguson, Valtra, Challenger and GSI o AGCO Power main office and global R&D center located in Linnavuori. Approx. 1000 employee globally, of which 750 at Linnavuori plant 4

AGCO POWER 75 YEARS HISTORY IN INDUSTRY 1946 1997 2002 2012 1942 1951 1994 2008 2004

AGCO POWER FOUR ENGINE FACTORIES Linnavuori, Finland Changzhou, China General Rodriguez, Argentina Mogi das Cruzes, Brazil 6

AGCO POWER VOLUME DEVELOPMENT 80 000 70 000 4216 60 000 50 000 326 25324 9247 990 40 000 30 000 20 000 10 000 5596 19239 5 560 22 701 9 010 25 541 12 862 29 669 9044 17967 20204 24721 20196 21583 33336 32328 39569 18354 27764 740 3548 13922 19314 7909 14377 24014 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Nokia Mogi Changzhou Argentina

AGCO POWER REFERENCES - TRACTORS

AGCO POWER REFERENCES AGRICULTURAL APPLICATIONS

AGCO POWER REFERENCES OTHER OFF-ROAD APPLICATIONS

2. REMAN PORTFOLIO / BENEFIT VIEWPOINTS 11

AGCO Power is offering factory remanufactured engines and engine components for it s own products from Linnavuori factory. Originally operation has started based on field-service function, when was noticed demand and business potential for such products. o Different options like short block, long block or complete engine. o Engine components like fuel injection equipment s o Almost all alternatives and engine specifications available that have ever been manufactured in Linnavuori. Few exception, which can be done only from customer s own core. Limited offering for engines manufactured on the other sites o Whole process is done meeting the standards of ISO9001 for quality and ISO14001 for environment. o All the works are carried out by high-skilled specialists who have expert knowledge from their own range -> no need for compromising during process o Sustainable solution o Cost-effective solution for end customer to extend machine lifespan 12

o Why factory remanufactured engine? Quality standpoint: complete engine are checked through part by part all parts inspected, re-machined or replaced to meet current specification only genuine spare parts used highly skilled technicians: the personnel in After Sales workshop / remanufacturing plant have the best experience over the plant same warranty terms than for new engine Quick and flexible delivery time: this enables customer to preplan work arrangements in order to minimize machine downtime average lead times from order; short block two working days, long block four working days and complete engine seven working days Real Exchange unit: once planning refurbisment project for machine, the best timing for engine replacement can be determined prior to work -> order REMAN engine in advance -> able to minimize machine downtime particularly with complete reman engine customer knows in advance exactly total cost Do not mix up with non-qenuine reconditioning / repairing solution or exchange engine 13

o Why factory remanufactured engine? Upgraded to the latest engineering modification: plenty of improvements done over the years for individual components -> better than original Test run with the same parameters as new engine: test run period carried out by specialist test run results recorded test run with the same parameters as new engine -> performance as new Technical specification guaranteed according application: machine performance and behavior as initially Credit from old engine core Old engine return just after engine replacement for crediting cheaper total cost compared to similar overhaul done at the site with similar content price includes testing and painting, which is impossible to carry out good at the site. Engine also looks like a new! Environmental considerations more than 90 % of components are reused in REMAN process -> rest can be recycled by collecting cores from field, we can prevent waste to end up in to nature 14

3. REMAN PROCESS 15

Cylinder block o inspection of the cylinder block / changed if needed o replacement of camshaft bearings whenever needed o machining of head surface if needed (+shortening of pistons) o inspection of crankshaft centerline offset / machined if out of tolerance o o-ring area inspection / cleaned and grinded o grinding of liner seat on the block o measuring liners protrusion and position -> key factor to avoid head gasket problems o cleaning all coolant and oil channels 16

Cylinder head o inspection of the cylinder head / pressure tested o replace of all valve guides by current with valve stem gaskets o replacing / installing (re-machining, if insignificantly wear and tear) of valve seats o straightening cylinder head by machining o replacing valves o inspection / changing of valve springs 17

Injection system o dismantled and all parts inspected o all wear and tear parts replaced o tested and adjusted to meet specs cam s phase angles (tol. +-0,5 deg) stabilisation of each cam fuelling qnty adjusting fuelling quantity in several checking point acc. pump specification adjusting speed droop, high and low idling speed pressure test visual inspection Agco Power pump setting requirements are more stringent than Bosch ones -> guaranteed performance and trouble free functioning o nozzles replaced or injectors remanufactured 18

Other engine components / assembly o inspection of crankshaft grinded if needed and use of undersize bearings inspection in case of cracks inspection of vibration damper machining of conrods and main bearing pins (all pins machined to same size) o replacing all bearings o replacing cylinder liners and pistons o oil pump inspection / replacing o camshaft and camshaft gearwheel inspection / replacing o timing gear inspection / replacing o new or REMAN turbocharger o new or REMAN coolant pump o new or REMAN generator and starter motor o new oil cooler o all gaskets and filters changed 19

Engine testing o Engine test run in computer programmed test bench and adjusted to meet as new parameters warming up period oil pressure power torque low and high idling speed smoke fuel consumption visual inspection in a case of leakages or other abnormal behaviour all tested figures are stored into a factory database 20

Engine painting and delivery o Painted with 2-component colour, thickness 25 micron (same as new engine) -> new outlook o Components which have been delivered earlier from production as loose parts customer has to order separately if needed o For standard delivery is used wooden stillage and plastic protective cover o Overseas transport with extra anti-corrosion protection and plywood box 21

REMANUFACTURED ENGINE BENEFITS SUSTAINABLE / ENVIRONMENTAL PROTECTION CUSTOMER SATISFACTION COMMERCIAL ASPECT 22

For more information: http://www.agcopower.com/ 23