1 “telematics for tyre management” John Catling Chief Executive Confidential © WheelRight Ltd 2014

15,000 breakdowns per annum are tyre related Highways Agency 2 10% tyre under inflation = 2%-5% increase in fuel 8%-15% decrease in tyre life 10% loss in braking EU Environmental annual waste €4.0bn of fuel a year adding 7.4m tons of CO2 emissions. Source: Bridgestone Tyres Confidential © WheelRight Ltd 2014 “ Cost of Monthly Pressure Checks… Good Enough?

Daily Checks Make a Big Difference Number of Reds / tyres checked in a month Previously both used monthly manual checks Huge improvement from daily checks with ACTION SAME DAY Networked company-wide 3 Depot 1RatioDepot 2Ratio Start65/ / Period2 years6 months Latest16/ / Confidential © WheelRight Ltd 2014

4 Pressure-In-Motion Simply drive-over Tyre pressures in a second No sensors on vehicle Instrument with Smart sensor ANPR or RFID vehicle ID Alerts via web & mobile phone “Nudge” driver behaviour Additional functions in-motion Axle & vehicle weight Tyre temperature Confidential © WheelRight Ltd 2014

Cars and HGVs Over 500 vehicles daily Forecourt simulation 220 receive pressures by text Changes behaviour Greens from < 70% to 97% Over 500 vehicles daily Very challenging site High traffic Heavy loading Tractor – trailer Automatic fault reporting 5 Confidential © WheelRight Ltd 2014

3 million miles a year 9 million passenger journeys 88 bus fleet – 540 tyres PPK contract Reliant on fitters TP checks Provide fleet data –Correct TP’s by axle Customer Confidential © WheelRight Ltd

7 Confidential WheelRight Ltd March 2014 PHASE 1Tyre fitters overwhelmed Reinflation of problem tyres as first response PHASE 2Tackle root cause of reds to reduce quantity Manage amber inflation levels PHASE 3Focus on amber tyres Typical Implementation

Fitter workshop schedule reversed rear & front axle pressures Fitter – stock tyres inflated and placed on wrong axle Valve extensions missing Correct TP’s changed 8 Confidential © WheelRight Ltd 2014 Immediate Errors Identified

Daily Fleet Report Weekly Summary Report Audit Trail for each Vehicle 9 Confidential © WheelRight Ltd 2014 RED more than 20% from nominal GREEN within 10% of nominal AMBER 10-20% from nominal VOR more than 50% from nominal “RAG” Data Reporting

Confidential © WheelRight Ltd 2014 RED Report 10

Confidential © WheelRight Ltd 2014 Daily Report 11

Total savings £33,000 pa 0.75% fuel and 8% on tyres - £375 / bus / year Unquantifiable Safety Risk / Insurance Management Control Environmental – Cut Emissions Reduced Timetable Disruption 12 Confidential © WheelRight Ltd 2014 Savings and Benefits

Now 98% pressures in “Green” System accurate and robust Automatic reporting integrated into daily operations Significant improvement in management control Identify four punctures a month in the depot Check pressures anytime 13 Confidential © WheelRight Ltd 2014 Thamesdown Experience “ It opened a can of worms “ a brilliant monitoring tool Benefits of Daily Tyre Pressure Checks

14 Checked my Tyres Confidential WheelRight Ltd November 2013 Contact details John Catling – CEO Office telephone +44(0) Begbroke Science Park, Oxford, UK OX5 1PF