Mike BaggettNational Sales Manager, Off-The-Road Tires

CHANGECHANGE

PEAKS / PEAKS / VALLEYSVALLEYS

2009 Very Low DemandExcess inventory

2010 Recovery

Economic CrisisBanking, Wall Street

2011Peak - Very High

Demand Low Inventory

AllocationsHigh Profits

2013 Low DemandCoal-Gold-Aggregate

2012Demand decrease & Economy Downturn

Supply & DemandSupply & DemandBell CurveBell Curve

2014Increase in supplyIncrease in Tire ProductionOverstockBuyer’s Market

Mining Industry effects onOTR Markets

Downward slope for the Coal Mining Industry with no recovery in site.– Government mandates & low coal prices at BRIC countries

have added to unstable economy. Copper & Gold prices were at all time high - $2000 a

troy once.– Today $1300

Bagnac Bagnac The The MagnificentMagnificent

Topic of conversation emphasis on

LG & XLG

Part Description Units Sold 18.00-25 40 Y69E ID L4S TL 2,020 23.5R25 * RB31 L-3 CP TL 900 44X18-20 36 Y67 N L ID E3 TL 690 29.5R25 ** RB31 E-3 TL 1,100 29.5R25 * RB31 L-3 TL 900 26.5R25 * RB31 L-3 TL 890 20.5R25 * RB31 L-3 CP TL 660 14.00-25 24N Y67 E-3 RER TL 800 33.25-29 32 Y67 CP E3 TL 498 29.5R25 ** RT41 E-4 TL 660 17.5R25 * RB31 L-3 CP TL 900 14.00-20 32 Y67 N E3 TL 600 42X13-20 36 Y67 E3 ID TL 499 23.5R25 ** RB31 E-3 CP TL 1,075 12.00-20 24N Y67 BT ST TL 400 14.00R24 * RT21 G-2 RER TL 666 24.00R35 ** RB42 E-4 CP TL 1,055 12.00-20 28 Y67 E-3 CP TL 400 17.5-25 12F Y67 L3 RER TL 589 35/65-33 42 Y524 L CP BW CP TL 800 29.5-25 28 Y545 CP L4 BW TL 390 29.5-25 28 Y524 CP L5 TL 400 14.00-24 30 Y69E ID L4S TT 266 14.00-24 28 Y67 E3 CP TO 290 18.00R33 ** RB42 E-4 CP TL 599 29.5R25 * RT41 L-4 TL 711 26.5R25 ** RB31 E-3 RER TL 698 14.00-24 20L Y69 L5S TO 380 14.00R25 *** RB41 E-4 SL TL 600 18.00-33 40 Y523 E4 ST/ID TL 33

  20,469

OTR ProductsOTR ProductsTop 30 units soldTop 30 units sold

*July 2014 YTD