Automotive Chemicals Metals Automotive Chemicals Metals

Boryszew

Group

Presentation

26 June 2013

Warsaw

Boryszew Group

Piotr Szeliga

CEO President of the Management Board

Miłosz Wiśniewski Vice-President of the

Management Board

CFO

Paweł Surówka Member of the Management Board

Automotive Sector Development Director

Mikołaj Budzanowski Member of the

Management Board

Chief Development Officer

Boryszew Group

PLN 4,9 bn revenue

11 countries

19 large foreign companies

35 Companies

in the Group

8,3 k employees

2,2 3,1 4,3 4,9

Boryszew Group

Selected contractors,

sales trends

Boryszew’s contractors represent the most crucial sectors of the economy

Boryszew Group

Operation segments

automotive 33%

non-ferrous metals 56%

chemical 8%

others 3%

Boryszew Group

Automotive revenue

Poland

other EU countries

global

geographic segmentation

Volkswagen Group

others

contractors

Boryszew Group

65,4 68,0 71,2 68,1 65,4 74,6 77,9 81,7

5,2 5,7 6,2 6,2 6,4 7,2 8,3 9,3

Automotive sector

Volkswagen Group shares account for 13

percent of global car sales.

Almost every fourth car in Europe is

produced by the Volkswagen Group.

Despite the challenging situation in the

automotive market, Volkswagen Group’s

sales have been increasing over the years.

In 2012, it achieved record sales of 9.276

mln cars. In the first half of 2013

Volkswagen sold 4.7 mln cars.

Boryszew’s main contractor is Volskwagen

Group. Volkswagen sales against the market

Source: VAG, wardsauto.com

global car sales

VAG sales

mil

lio

ns

of

pro

du

cts

Boryszew Group

Non-ferrous metal sector revenue

Poland Other UE countries

global

copper

aluminum

zinc and lead

bearings others

operation segmentation geographic segmentation

Boryszew Group

Boryszew’s main non-ferrous

metal contractors operate in

automotive, packaging, electronics

and construction sectors.

Despite Poland’s lower GDP

growth, the demand for non-

ferrous metals on the market is

stable.

Non-ferrous metal sector

2008 2009 2010 2011 2012

industry

construction and asembly industry

Sold production:

Dane: GUS

Boryszew Group

Development of automotive sector

Acquisition of

Maflow Group

nabycie AKT, Theysohn, WEDO i Grupy YMOS

skupionych w Boryszew Automotive Plastics (BAP)

Maflow Group started its restructuring programme

Production:

• technology changes and increased production by 50%

• stimulating sustainable growth in production capacity

• restructuring of companies in China and Brazil

• Trezzano factory shutdow followed by transfer of all departments to Poland

Purchase:

• new purchasing procedures

• supplier base development and purchase costs optimisation

Sales:

• new projects for VW, Audi, RNO, Volvo, JAG, BMW

• new customers: Porsche, Daimler, Tata

Quality:

• all factories compliant with ISO-TS 16949:2009 and

ISO 14001:2004 Certifications

• VAG’s validation of plants in Tychy and India

planned completion

of BAP restructuring

ACT, Theysohn, WEDO and

YMOS Group as part of

Boryszew Automotive Plastics (BAP)

2013

2011

2012

2014

2010

Development sectors:

BAP Group started its restructuring programme

Boryszew Group

New investments

Boryszew Plastics Russia factory in Dzierżyńsk near Niżny Nowogród, a part of BAP

Group

factory is ready to cooperate with VW Group which has a factory in Niżny Nowogród

production lines are now working, in the second half on July factory produced first Jetta parts,

mass production will be launched this year in September/October

other contractors talks are ongoing

BAP factory in Toruń, Elana

factory was created to support unprofitable production of German part of the Group which

is due to transportation costs – the key contractor is VW and its factory in Poznań. By 2014

savings will reach 50 million

Production will start in 2014 and revenue will reach 100 million in 2015

Boryszew Group

Summary of the 1H,

plans for 2H 2013

Automotive sector restructuring

Grupa Maflow – completing the restructuring processes, acquiring new

contracts and customers, growing profitability.

Boryszew Automotive Plastics – Group’s reorganization, sale of non-

operating assets, locating part of the production in Poland (Elana)

Integration within Boryszew Group, synergy among the Group’s companies

(including cooperation of Boryszew ERG with Maflow)

Production plant in Russia - a contract with VAG on one of the most promising

markets, talks with other potential partners

Stable situation of major customers in the automotive industry

Boryszew Group

Boryszew’s quotations

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*price includes dividends and subscription rights

Boryszew’s quotation are in the consolidation phase. Management believes that current

valuation doesn’t reflect the capabilities and real value of Boryszew

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Automotive Chemicals Metals Automotive Chemicals

Boryszew

Group

The most important operation segments

– additional

information

Boryszew Group

15

Automotive – Maflow, BAP

• A/C (air-conditioning) and power steeling assemblies,

• Plastic elements,

• Exterior components and engine’s parts

• locks and handles,

• Car emblems and other

• forms

BAP:

Company Main products Sales structure (2012)

BAP 23%

Maflow 11% Other 66%

Boryszew Group

16

Aluminum – Huta Aluminium Konin, NPA Skawina

• Strips of aluminum and its alloys

• Sheets of aluminium and its alloys

• wire rod

• wires

• cables and conductors

Company Main products Sales structure (2012)

Aluminum

25%

Other

75%

Boryszew Group

17

Copper – Hutmen, WM Dziedzice

Copper and its alloys:

• pipes

• casting alloys

• rods

• condenser pipes

• coin blanks

Company Main products Sales structure (2012)

Copper

17%

Other 83%

Boryszew Group

Zinc & lead – Baterpol, ZM Silesia

18

• Recycling of lead – products with lead and its alloys: soft refined lead, tubes, wires, wire rod, sheets

• Zinc-titanium sheets and strips

• Zinc cables, anodes, gutters

• Zinc oxide

• Lead oxide

Company Main products Sales structure (2012)

Zink and lead 11%

Other 89%

Boryszew Group

19

Chemistry

• Automotive and air-conditioning liquids

• Auxiliary products for the plastics processing

• Glues

• Polyester fibre

• Polyester filament yarn

• PET bottle recycling

• Repair services and others

• Polyamides and military products

Company Main products Sales structure (2012)

Chemistry 2%

Other 92%

Boryszew Group

Trade FŁT Group, Impexmetal Trade Department, FLT Metals, Metalexfrance

20

• ball-, roller bearing and bearing balls

• non-ferrous metals, phosphate and others

Company Main products Sales structure (2012)

Trade 7%

Other 93%