Barclays European High Yield and Leveraged Finance Conference

17 September 2015

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Disclaimer

1

1. Introduction and transaction overview

Leading global Tier 1 supplier of automotive interior components

3

Talent

More than 27,900 individuals drive us direct to success

FinancialStrength

2014 PF annual sales of €4.1bn

GlobalPresence

More than 160 production plants and Just-in-Time centers across 26 countries

Innovation

Fully committed to innovation and high quality

Family-owned company with more than 50 years of industrial tradition

4

Overhead System

• Modular headliner• Substrate• Sunvisors• Lighted headliner• Panoramic systems

Number 1 Worldwide

Lighting

• Complete solutions• Interior:

FunctionalMood lighting

• Exterior

Innovation Comes to Light

Seat Function

• Complete seats• Frames• Covers• Mechanisms

High FunctionalIntegration

Door Function

• Carrier solutions• Door panels• Window regulators• Central console

Multi-TechnologyOffer

Cockpits & Interior Trim

• Cockpits• Instrument

panels• Soft Trim

We improve life on board

5 Strategic Business Units

Acquisition of Magna Interiors

Combined entity creates a platform for success

� 4th largest global player in automotive interiors

� Scale benefits from increased Grupo Antolin’s size

� Results in increased market share in global automotive interiors

� Broader product portfolio to better service key OEMs

Growing scale Market leadership Broadening scope

� Further diversification makes Grupo Antolin more resilient

� Creates strategic player in automotive interiors industry

� Significant cost synergies expected to be achieved in this acquisition

� Significant potential for operational improvement u nder Grupo Antolin’s management

5

3. Key credit highlights

Summary credit highlights

Strengthening leading market positions1

Further diversification provides improved resilience to combined group2

Strengthen and enhance long-standing and strategic customer relationships3

Potential synergies and margin improvement to further drive profitability5

Experienced management team and committed core shareholders6

Attractive market fundamentals for scale operators4

7

Strengthen leading market positions…

8

1

Grupo Antolin estimates of market shares and ranking in 2014NAFTA

Market size: 16.9m vehicles

30% 8%

EuropeMarket size: 20.0m vehicles

35%8%

31% 25%

WorldwideMarket size: 86.6m vehicles

14%

23%

MercosurMarket size: 3.8m vehicles

52%14% 20%

India Market size: 3.5m vehicles

67%

Note: The number within each graph represents the expected position of Grupo Antolin in the ranking based on existing 2014 data. Darker colored countries represent Grupo Antolin Production/JIT presence. Market shares are based on number of vehicles equipped

(a) Front overhead consoles(b) Front window regulatorsSource: Vehicle volumes based on LMC Automotive Q4 2014. Market shares based on company estimates

Overhead systems Lighting(a)Doors Sunvisors Ranking as main supplierWindow regulators(b)

1 4 1 4 1 2 1

1

1 2 2 1

4.1

4.4

4.7

5.6

2014 pro forma

(€bn

)

1.82.2

4.4

4.7

5.6

2014

(€bn

)

#5

#4

9

…by creating a leading automotive interiors group

Ranking pre-acquisition(a) Ranking post acquisition(a)

#1

#2

#3

#1

#2

#4

Combined global footprint(a) Based on 2014 results, Grupo Antolin estimates and Yanfeng press release

Source: Grupo Antolin’s footprint as per Corporate Presentation 2014

1

Magna Interiors

Grupo Antolin

Magna Interiors / Grupo Antolin country overlap

2014 pro forma combined geographic revenue breakdown

#3

Europe57%

NAFTA34%

Mercosur2%

Asia7%

Other1%

Geography Client Product

PF 2014 (combined) (a)

2014 (standalone)

Spain18%

Rest of Europe(b)41%

NAFTA30%

Asia-Pacific6%

Mercosur4%

Other1%

19%

18%

15%12%

11%

5%

4%

3%3%

3%Others

7%

Europe57%

NAFTA34%

Mercosur2%

Asia7%

Other1% 16%

13%

11%

10%5%

8%

9%

8%

6%

2%

1%Others11%

10

Further diversification provides improved resilience

18/09/2015 09:31:342010 DB Blue template

2

(a) Magna Interiors breakdown based on Grupo Antolin estimates(b) Excluding Spain

Europe: 58%

Group Overheads54%Doors

29%

Seating9%

Lighting7%

Group

Overheads,34%

Doors, 30%

Cockpits/JIT10%

Carpets andacoustics

6%

Instrument panels/Floor consoles

6%

Seating5%

Garnish/Hard trim

5%

Lighting4% Others

1%

7%3%3%3%4%5%

11%

12%

15%

18%

19%

11

Strengthen long-standing customer relationships3

7%3%

4%5%7%13%

17%

17%

27%

11%

1%2%5%6%

8%

8%

8%

10%

11%

13%

16%

€627m

Group

Other

€1,685m

Other

Group

Other

Group

€2,225m

Change in revenue proportion

Other

Group

PF combined revenue(a)

€4,217m

(a) Magna Interiors breakdown based on Grupo Antolin estimates

� We deliver parts to more than 300 car models

� High revenue visibility given the long-term nature of customer contracts

2000 2007 2014 2014 PF combined

Comfort and affordable price

Sustainability and safety

Globalizations of platforms

Consolidation of supplier base

Technological partnerships with OEMs

Growth outside traditional markets

2014A 2015E 2016E 2017E 2018E 2014A 2015E 2016E 2017E 2018E2014A 2015E 2016E 2017E 2018E

2014A 2015E 2016E 2017E 2018E2014A 2015E 2016E 2017E 2018E

Attractive market fundamentals benefit scale operators

NAFTA1

2

3

4

5

6

Key drivers/trends

CAGR 14 – 18

2.6%

CAGR 14 – 18

Europe

3.3%

Asia PacificCAGR 14 – 18

5.2%

CAGR 14 – 18

South America

3.9%

CAGR 14 – 18

Total

4.3%

Vehicle production continues to grow globally with 4.4% CAGR expected through 2018

Source: LMC Automotive world light vehicle assembly, Quarter 1, 2015. Vehicle production in millions

4

12

Synergy potential to further drive profitability

13

5

Overview of synergy opportunities for Magna Interiors and Grupo Antolin

SG

&A

Overhead reduction by optimization of corporate services

Engineering/tooling advantages, lower cost tooling production and reduced headcount

Combining and rationalizing technical/commercial centers

CO

GS

Excess capacity rationalization

Raw material sourcing advantages

Infusion of Magna Interiors’ “DNA”, operational expertise and supply chain efficiencies

Rev

enue Sharing of technology and intellectual property, leading technologies and best-in-class processes

Customer relationships and cross-selling of products

Experienced management with full focus on integration

14

6

� Highly experienced management with long-term track record and focus on integration� Committed family shareholders provide stability and focus on value generation

Ernesto AntolínChairman

24 years with Grupo Antolin

María Helena AntolínVice Chairman

23 years with Grupo Antolin

Jesús Pascual (a)

CEO29 years with Grupo Antolin

Luis Vega (a)

CFO26 years of experience with Grupo Antolin

Miguel Ángel Vicente (a)

CCO23 years of experience with Grupo Antolin

(a) Member of Grupo Antolin´s Steering Committee

Proven commitment to profitability

International expansion incl.

greenfield projects

Successful integration of

multicultural teams

Strategic long-term relationship with

key clients

Longtime commitment to the

Group

Key strengths of the management team

4. Operational and financial overview

Grupo Antolin – strong and profitable growth

16

9/18/2015 9:31:34 AM2010 DB Blue template

Revenues (€m) EBITDA (€m)

2.085

2.225

2.480

2013 2014 LTM June 15

10.8% 12.0%

225 267

321

2013 2014 LTM June 15

13.0%

Financial performance of Magna Interiors

17

9/18/2015 9:31:34 AM2010 DB Blue template

Revenues ($m) EBITDA ($m)(a)

(a) Adjusted EBITDA before certain one-time costs relating to errors in tooling designs, excess and obsolescence inventory, plant relocation issues and restructuring costs

2,467 2,406 2,439

2013 2014 LTM March 2015

90

54

68

3.6%

2.2%

2.8%

2013 2014 LTM March 2015

EBITDA % margin

Balanced, long term capital structure

2015 2016 2017 2018 2019 2020 2021 2022Term Loan ADE loan Soft loans Leasings SSN 21 Other loans ST Credit & Interests SSN 22

Gross debt 30 June 2015€1101m

Net debt 30 June 2015 €533m

� €800m senior secured notes (€ 400m in escrow until Magna Interiors Closing)

� €196m senior financing (*)

� €70m ADE facility

� €6m soft loans with cost; €37m soft loans with no cost

� €23m other facilities, of which €2m are credit lines

� €7m accrued interests

� Cash available of €569m (€ 400m in escrow until Closing)

� For covenant purposes, Net debt totalled €540m (excludes soft loans with no financial cost)

� €200m undrawn syndicated revolving credit facility, and €30m of local credit lines

(*) Syndicated lenders on our existing facility have agreed to reset maturities for additional 5 years and increased their commitments by €200m, subject to Closing

Covenants1.7x Net Debt/EBITDA 8.1x EBITDA/Financial expenses

Covenant: under 3.5x Covenant: over 4.0x

€ 321m June 2015 LTM EBITDA

18

72

105

415 414

45 4715

18

Financial policy

19

9/18/2015 9:31:34 AM2010 DB Blue template

Target leverage� Long-term target leverage (Net debt / EBITDA) of around 2x

� Deleveraging strategy consistent with strict investment approach and de minimis dividend policy

M&A / investments

� No further significant acquisitions anticipated

� Selective add-on acquisitions may be considered in case of strong strategic rationale and if financially solid

Dividend policy� Conservative dividend policy with €6m annual dividend payouts

� Family shareholders focused on value generation rather than dividends

Combined business performance outlook

20

9/18/2015 9:31:34 AM2010 DB Blue template

Revenue

� Sustained geographic expansion in Eastern Europe, Asia-Pacific and NAFTA

� Strong growth in lighting and seating

� New models coming on stream in 2015

Profitability� Continued focus on optimising supplier base and production processes

� Growth in low cost countries

Working capital � In line with historic averages

Capex� In medium term in line with or lower than historic averages as percentage of revenues

� Investments geared towards stronger growth in 2015 and beyond

Q&A