Company Presentation Bosch Solar Energy



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Company Presentation Bosch 1

Company Presentation 2010 Bosch Group Business Sector Products and Technology Current Projects at Bosch 2

Bosch Group Global Reach Bosch employs approximately 275,000 people worldwide Present in more than 60 countries Approximately 300 subsidiary and regional companies 3 RBNA/COM 5/1/2010 2010 Robert Bosch LLC and affiliates. All rights reserved.

Bosch Group Ownership structure Robert Bosch Stiftung GmbH 92% share of equity No voting rights Bosch family 7% share of equity 7% voting rights Robert Bosch Industrietreuhand KG 93% voting rights Robert Bosch GmbH 1% share of equity Capital stock 1.2 billion euros No voting rights 4

Bosch Group Structure of the Bosch Group Bosch Group Sales: 38.2 billion euros Associates on Jan. 1, 2010: 270,687 Automotive Technology Sales: 21.7 billion euros Share of total sales: 57% Industrial Technology Sales: 5.1 billion euros Share of total sales: 13% Consumer Goods & Building Technology Sales: 11.3 billion euros Share of total sales: 30% 5 SE/COM 08/10/2010 Robert Bosch GmbH 2010. All rights reserved, also regarding any disposal, exploitation, reproduction, editing,

Bosch Group Structure and Divisions of the Bosch Group Automotive Technology Industrial Technology Consumer Goods and Building Technology Gasoline Systems Diesel Systems Chassis Systems Brakes Chassis Systems Control Energy and Body Systems Starter Motors and Generators Car Multimedia Automotive Electronics Automotive Aftermarket ZF Lenksysteme Bosch Rexroth Electric drives and controls, hydraulics, assembly and linearmotion technology, pneumatics Packaging Technology Packaging machines and lines for the confectionery, food, and pharmaceuticals industries Solar cells, photovoltaic modules Power Tools Power tools for the building trade, industry, and the DIY sector; accessories, garden tools Thermotechnology Heating units and boilers, open-loop and closed-loop control systems Household Appliances Cooking, dishwashing, washing, drying, cooling, freezing Security Systems Fire and burglar alarms, video surveillance systems 6 SE/COM 08/10/2010 Robert Bosch GmbH 2010. All rights reserved, also regarding any disposal, exploitation, reproduction, editing,

Bosch Group International manufacturing sites 7 RB : 293 manufacturing sites in 36 countries UBK : 135 manufacturing sites in 28 countries UBI : 100 manufacturing sites in 25 countries UBG : 84 manufacturing sites in 28 countries SE/COM 08/10/2010 Robert Bosch GmbH 2010. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, = As per January 2010

Bosch Group Saving energy a Bosch strength CRI ESP powertrains solar heating systems 1997 Bosch Group - facts photovoltaics and figures 8 gearboxes for wind turbines innovative power tools with lithium-ion technology energy-efficient household appliances

Bosch in North America Key Data of Bosch in North America Robert Bosch North America 2009 Sales: $7.3 billion Associates 20,200* Automotive Technology Sales: $4.5 billion Associates 12,200 Industrial Technology Sales: $0.9 billion Associates 2,900 RBNA/COM 5/1/2010 2010 Robert Bosch LLC and affiliates. All rights reserved. Consumer Goods & Building Technology Sales: $1.9 billion Associates 5,100 9 * Approximate RBNA/COM 5/1/2010 2010 Robert Bosch LLC and affiliates. All rights reserved.

Bosch in North America Multiple brands in North America, including 10 RBNA/COM 5/1/2010 2010 Robert Bosch LLC and affiliates. All rights reserved.

Company Presentation 2010 Bosch Group Business Sector Products and Technology Current Projects at Bosch 11

Milestones 1997-2009 Formation of Company as Ersol Solarstrom GmbH & Co. KG March 1997 Robert Bosch GmbH becomes majority shareholder June 2008 Change of name into Bosch AG September 2009 September 2005 Initial public offer March 2009 Groundbreaking for new production facility in Arnstadt November 2009 Takeover of: aleo Solar AG (68,7% majority shareholding) Johanna Solar Technologie GmbH (> 60% majority shareholding) 12

Business Sector Facts and Figures Key Data 2009 Bosch AG Sales R&D cost Capital expenditure Associates 263 mio. euros 6 mio. euros 211 mio. euros 1,458 Bosch AG: Sales 2009 by Region Asia 5,2% Rest of Europe 11,7% Rest of World 0.8% aleo Solar AG Sales Capital expenditure Associates 376 mio. euros 12 mio euros 788 82,3% Germany Johanna Solar Technology GmbH Start of Distribution Associates 2010 138 13 SE/COM 08/10/2010 Robert Bosch GmbH 2010. All rights reserved, also regarding any disposal, exploitation, reproduction, editing,

Bosch Crystalline products Ingots Wafers Solar cells Modules Thin-film modules PV- Projects Bosch AG develops, produces and markets high-quality silicon-based photovoltaic products. 14

Estimates for Bosch s expected capacities including aleo and Johanna Solar 1 200 1 100 1 000 900 800 30 CIS μm-si Thin Film crystalline Modules Solar Cells 700 200 1 600 in MWp 500 400 300 200 100 0 180 4 40 100 Capacity² 40 220 4 180 Capacity² 40 230 4 250 Capacity² 450 4 >300 3 Capacity² 30 40 630 4 Capacity² >600 3 1 dependent on milestones 2 nominal capacity at year end 3 additional capacities with joint 2007 2008 2009 2010e 2012e venture 4 internal and external supply 15

Worldwide Locations BeNeLux, Czech Republic and Slovakia aleo Solar AG France aleo Solar AG Aix-en- Provence Germany Bosch AG Erfurt/Arnstadt Johanna Solar Technology GmbH Brandenburg aleo Solar AG Prenzlau Oldenburg USA Bosch AG Palo Alto aleo Solar AG Broomfield Portugal Bosch Solar Energy AG Lisbon Spain Bosch Solar Energy AG Madrid aleo Solar AG Barcelona Italy Bosch Solar Energy AG Milan aleo Solar AG Treviso Greece aleo Solar AG Palini - Atiki Singapore Bosch Solar Energy AG Singapore China Shanghai Electric Co. Ltd. (SESE) Shanghai* avim solar production Co. Ltd. Gaomi** 16 Manufacturing sites Distribution sites = *Joint Venture mit Shanghai Environment Protection Complete Engineering Co. Ltd. (35%) und Shanghai Silverstone Terry Investment Co. Ltd. (10%) ** Joint Venture der aleo Solar AG

Company Presentation 2010 Bosch Group Business Sector Products and Technology Current Projects at Bosch 17

Products and Technology Crystalline Product Segment Solar Cells Products: Multi- und monocrystalline solar cells with high efficiencies of up to 17.5% (mono) and 16% (multi); currently approximately 90% share of monocrystalline cells Bosch monocrystalline cells are widely recognized as some of the most efficient on the market; this large monocrystalline solar cell with a 205mm diagonal will make optimal use of the space in your modules Bosch Solar Cell M 3BB Exceptionally stable performance thanks to purest silicon and to highresistance monocrystalline wafers, produced in-house High annual revenue is achieved even with not optimal solar radiation due to the excellent low-light performance of Bosch monocrystalline cells. Bosch Solar Cell P 18

Products and Technology Components & technologies Modules Use of crystalline and micromorphous solar modules from our own production Additional crystalline technology from Solar GmbH and CIS technology from Johanna Solar Technologies GmbH Bosch Solar Module c-si M 60 Bosch Solar Module c-si M 60 S Bosch Solar Module μm-si plus Bosch Solar Module μm-si frame Bosch Solar Module CIS frame 19 SE/COM 01/09/2009 Robert Bosch GmbH 2009. All rights reserved, also regarding any disposal, exploitation, reproduction, editing,

Products and Technology Bosch solar power plants - reference projects Stuttgart, 955 kwp Number of modules / type: 4 247 / cystalline Ronneburg, 4.5 MWp Number of modules / type: Holzminden 49 246 / thin film Erfurt Ronneburg Fraureuth Holzminden, 21 kwp Number of modules / type: : 618 / CIS Erfurt, 2.01 MWp Number of modules / type: 21 989 / thin film Stuttgart 20 Fraureuth, 2.4 MWp Number of modules / type: 10 538 / crystalline

Company Presentation 2010 Bosch Group Business Sector Products and Technology Current Projects at Bosch 21

Current Projects Rack technology Fast and easy by Bosch Install slide profile Slide in From 0 to 100 in 15 seconds Save 50% of installation time per module Typical racking systems require 30 seconds to install, Bosch's racking system reduces this to 15 seconds Racking design is customized for our modules to reduce overall labor costs Fixing Possible with the slide-in system from Bosch Rexroth Bosch installed 71.146 modules for two projects and less than 36 modules were damaged. SE/COM 01/09/2009 Robert Bosch GmbH 2009. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, 22

EcoPlusHome is a trademark of Tight Lines Productions Ltd., Bathurst, Canada 23

Thanks for your attention! www.bosch-solarenergy.com solarenergy@us.bosch.com 24