Rába Automotive Holding Plc. Rába Rt.



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Rába Automotive Holding Plc. 1

The history of Raba December 28, 1896 9 shareholders founded the Hungarian Railway Carriage and Machine Works Plc. in Gyor with 1 million crown capital at the general assembly with Emil Lederer presiding in the room of the savings-bank of Gyor town and county. 1904 The petrol-fuelled engine won: the first petrol-fuelled, mechanical all-wheel drive and steer on-highway vehicle of the world was made in Gyor. Designer: Captain Taskal, Engineer Koroknay, as an expert F.Porsche 1906 Building of the forging factory on the basis of Eiffel s drawings, a modern building at that time. 1910 The steel casting had begun and in 1914 the open-hearth furnace was started up for more cost-efficient, better quality steel manufacture. / The first passenger car: the RABA Alpha was made. The 5-15-HP vehicle was suitable only for civil purposes. 1928 The license purchased from Austro-Fiat replaced the design that become out-of-date in the category of 1,5 ton. The RABA AF cars were made in 6 types until 1934. 1942 The manufacture of the Turan tank began on the basis of the Skoda T21 license. The new car factory was built. The Messerschmidt Program started: the manufacture of Me Bf 109 fighter aircraft, then Me 210 fighterbomber aircraft began together with the Danubian Aircraft factory. 1945 On March 28, the direction of Railway Carriage Factory was taken over by the Soviets. 1957 Kossuth-prize was awarded to the engineering members of Pattantyus technical brigade for the upsetting pressing technologies, which was introduced to the manufacture of Diesel-engine crank shaft. 2

The history of Raba 1967 January 6.: Signing license agreement with the consortium of Renault, Seri, M.A.N., Ferrostaal companies. Ikarus exhibits the intercity version of bus range No. 200 at the Budapest International Trade Fair, the series production of which starts with RABAM.A.N. engines. The production hall of 28,000 m2 was built up. 1971 The axle type 831 is awarded the Budapest International Trade Fair prize. 1973 The 100,000th axle is made. The building of the new steel foundry is finished. The manufacture of RABA Steiger power machine begins. Up-to-date power machines join the heavy-duty tractors made to American license Through the Steiger connection RABA appeared in the USA. The export to the USA has exceeded $700 million 1992 January 1.: RABA was turned into a shareholding company, the Hungarian state being the majority shareholder 1996 RABA Rt. reached an important milestone in the hundredth year of its history and was enabled again to become a market player in a market economy driven by private property. 1997 As a result of the privatization strategy that was devised and executed with the government, the shares of RABA Rt. were listed on the Budapest Stock Exchange on December 17th, 1997. 1999 In order to better capitalize on its market positions and resources, RABA Rt. streamlined its organization structure. It has transferred its main businesses into separate legal entities, thus creating the platform for the holding structure 2001 RABA attained IMAG Ltd., the seat manufacturer of Ikarus, located in Mór. 2002 On October 1st: Merger of the component manufacturing sites Gyır, Mor and Sárvár, which was a subsidiary of RABA into the new RABA Automotive Components Manufacturing Ltd.. 2005 In June the Gyır plant of the components manufacturing business unit seceded.

Rába Corporate Structure Established 1896 Key figures (IFRS) 2008 (audited) Rába Axle Ltd. Rába RábaAutomotive Holding plc. plc. ** Business Units Rába Components Ltd. Rába Vehicle Ltd. Real Estate Net sales: HUF 58,683 m EUR 234 m EBITDA: HUF 4,053 m EUR 16.2m Headcount: 2,582 Focus on mid-series complete axles, and high series axle components for commercial vehicles Produce metal parts to passenger cars for the regional market Vehicle 13% Components 27% Axle 60% Project based production of vehicles Utilize unproductive real estate assets 4 * Listed on the Budapest Stock Exchange

Sales by region 70.6 USA Marmon-Herrington ArvinMeritor Dana John Deere EU 50.6 Dana ArvinMeritor Scania NAF BPW Claas 3.4 85.9 South-America Domestic Suzuki BPW Dana Ministry of Defence 18.8 Asia GAZ Kamaz CIS + non-eu 4.5 Total sales in 2008: 233.8 m EUR 5

Axle business Axle Axle components and and parts parts Bus- Bus-and off-road axles axles Markets Customers Asia South-America Domestic 3% 2% 12% Kamaz Others Marmon 2% 21% 32% CIS + non-eu 13% USA 49% Scania 3% EU 21% Claas 4% GAZ Group 4% BPW (Global) 6% John Deere 7% DANA (Global) 9% ARM (Global) 12% 6

Applications 7

Vehicle Business Unit Military off-road vehicles Vehicle chassis Markets & customers In 2003 Rába signed a 15-year frame contract with the Hungarian Ministry of Defence and became the exclusive supplier of off-road vehicles Rolling bus chassis for regional OEMs Chassis frames for the European market Product & market market strategy Project-based design Serving the market with strategic partners Sale of capacities through projectbased businesses 8

Rába Automotive Components Manufacturing Ltd. 9

Rába Automotive Components Manufacturing Ltd. Member of the Rába Group Esztergom, AMP út 4. Mór, Ipartelep www.raba.hu mor@raba.hu Sárvár, Ipartelep 6. www.raba.hu sarvar@raba.hu

Rába Automotive Components Manufacturing Ltd. Markets and Sales Key figures 2008 Net sales: EUR 65,1 millions Headcount: 823 Certifications ISO 9001 TS 16949 ISO 14001 OHSAS 18001:1999 Key Customers Deutz 3% Magyar Suzuki 4% Rába Axle 9% Denso 2% Metaldyne 2% Sears Ltd. 2% NAF GmbH 14% Magyar Toyo Seat 64% 11

Rába Automotive Components Manufacturing Ltd. Sales 70 000 66 856 65 141 thousand 60 000 50 000 40 000 30 000 20 000 40 193 44 077 45 106 50 025 10 000 0 2003 2004 2005 2006 2007 2008 Year 12

Rába Automotive Components Manufacturing Ltd. Management Urbányi, László Managing Director Hajdú, Károly HR Manager Simon, István Financial Director Czetli, Imre Plant manager, Mór Boldis, Géza Plant manager, Sárvár Pekár, György Business development manager Klein, János Quality Assurance and Environmental Manager 13

Rába Automotive Components Manufacturing Ltd. Quality 1. Measurements, tests Gage R&R SPC, Capability studies APQP, PPAP 8D, PDCA problem solving Benchmarking 2. Equipment highlights 3D dimensional equipment Burning chamber Rupturing machine Textile rupturing machine Hardness testers 14

Rába Automotive Components Manufacturing Ltd. Quality 15

Rába Automotive Components Manufacturing Ltd. Quality 16

Rába Automotive Components Manufacturing Ltd. Mór Plant Location: Mór Number of employees: 552 Ground-plot: 85 500m 2 Built: 32 000 m 2 17

Mór Plant Stamping Capacity: 12.000.000 pcs/year Shifts: 2 -- 630, 400, 160 t automatic presses -- single-stroke stroke eccentric and hydraulic presses 18

Mór Plant Welding Capacity: 2.500.000 pcs/yearp Shifts: 3 Welding workshop: 7 pcs twin arm arc-welding cells 2 pcs single arm arc-welding cells 11 pc 3D twin arm spotwelding cell 19

Mór Plant Cataphoretic painting Capacity: 500.000 m2/year Shifts: 3 20

Mór Plant PU Foaming Capacity: HF-32 foaming line (MDI technology): : 1.700.000 parts/year Shifts: 3 21

Mór Plant Cutting, Sewing Capacity: Cutting workshop 2 pcs CNC cutting machines 2 pcs cutting presses 1.342.500 m2 fabric/year Shifts: 2 Sewing workshop 119 pcs sewing machines 2 400 000 trim/year Shifts: 2 22

7 years experience in Line Sequence delivery Esztergom On-Line service centre Location: Esztergom JIT delivery to Hungarian SUZUKI in every 20 min Number of employees: 48 2 800 m 2 23

Mór Plant Automotive customers Components Seat frames Swift, SX4/Sedici and Splash/Agila Crash box Driver seat components 24

Bus, railway and tram seats and seat components Mór Plant Commercial Vehicle customers Bombardier SC TRANSFEROVIAR GRUP SA 25

Mór Plant Applications 26

Rába Automotive Components Manufacturing Ltd. Sárvár Plant Location: Sárvár Number of employees: 268 Ground-plot: 112 000 m 2 Built: 21 000m 2 27

Sárvár Plant Machining 28

Sárvár Plant Process centres 29

Sárvár Plant NC-,CNC-controlled drilling machines 30

Sárvár Plant NC-,CNC-controlled drilling machines 31

Sárvár Plant Special Technology Method Broaching 32

Sárvár Plant Special Technology Method Cold Forming 33

Sárvár Plant Heat treatment 34

Sárvár Plant Assembly Ringpiston Switch cylinder Springforce accumulator 35

Sárvár Plant Products 36

Sárvár Plant Main customers Machined components, tools, fixtures, jigs Springforce accumulator Hub Assembled units Tooling EGR Housing Poly V-Pulleys 37

Sárvár Plant Applications 38

Contacts URBÁNYI László, managing director +36 22 577 510 +36 22 577 595 laszlo.urbanyi@raba.hu CZETLI Imre, plant manager (MÓR) +36 22 577 510 +36 22 577 595 imre.czetli@raba.hu BOLDIS Géza, plant manager (SÁRVÁR) +36 95 320-052 +36 95 320-251 geza.boldis@raba.hu PEKÁR György, business development manager +36 22 577 607 +36 22 577 595 gyorgy.pekar@raba.hu 39

Thank you for your attention! www.raba.hu 40