The JV is 50/50 owned by Orkla/Hydro Profiles, Building System and Extruded and Welded Tubes Profiles, Building Systems and Precision Tubing 50% 50%

23,000employees World leader in aluminium solutions New sapa in figures Presence in more than 40countries World leader in aluminium solutions 100+ production units 20,000+ customers ~ 45,000 suppliers NOK ~ 42 billion sales* 23,000employees * 2013, pro-forma, adjusted for currency, sales of approximately eur 5.4 Billion

heavyweight company – lightweight material Value-added profiles Profile-based building systems Precision tubing Stress truly global. Who is number 2?

Precision Tubing: Global Leading position North America Plants: Rockledge, Reynosa and Monterrey Capacity: 33 000 tons Employees: 500 Technology Center (PTTC) Offices: Karmøy and Løgumkloster Employees: 14 Europe Plants: Tønder, Capacity: 33 000 tons Employees: 420 Welded Tubes Plants: Lichtervelde, Remscheid, Pune and Shanghai Capacity: 42 000 tons Employees: 370 Asia Plant: Suzhou, Kuppam Capacity: 35 000 tons Employees: 330 South America Plant: Acro Capacity: 8 000 tons Employees: 140 1= EUR 405 mio, JPY 55 billion, USD 512 mio (foreign exchange rates as of october 03, 2014)

Precision tubing overview NORTH AMERICA Multi-port extrusions (MPE) Extruded tubes Precision shapes Internally enhanced tubes Precision drawn tubes Internal heat exchangers 33,000 tons 500 employees SOUTH AMERICA Multi-port extrusions (MPE) Precision drawn tubes (PDT) Extruded tubes Spacer bars PE coated tubes (HyPlus) Line sets (air-conditioning) Precision shapes 8,000 tons 140 employees Rockledge Reynosa Monterrey Acro WELDED TUBES Round, rectangular, oval and profiled welded tubes Cuprobraze Brass welded tubes Tubes with inner fins Welded drawn tubes Strip embossing Manifolds 42,000 tons 370 employees EUROPE Multi-port extrusions (MPE) Internally enhanced tubes Precision drawn tubes Extruded tubes PA and PE coated tubes Line sets (air-conditioning) Fuel coolers Spacer bars Forging material Cables and wires Internal heat exchangers Hylife products 33,000 tons 420 employees Lichtervelde Remscheid Pune Shanghai ASIA Tønder Multi-port extrusions (MPE) Internally enhanced tubes Extruded tubes 35,000 tons 330 employees Suzhou Kuppam

Manufacturing on Coil

Our product on Coil

Automotive Precision drawn tubes (PDT) For heaters, radiators, condensers, evaporators, coolant lines, oil coolant lines Welded tubes For structural components, radiators, heaters, charge air coolers, manifolds Welded tubes with inner fins For oil coolers Multi-port extrusions (MPE) For condensers, evaporators, oil coolers, charge air coolers, radiators and heaters – and can be supplied with HYBRAZ™/® coating for direct CAB brazing HYCOT™/® coated tubes For fuel lines, air-conditioning lines, power steering lines, coolant lines, oil cooling lines Aluminium cables Fuel cooler Forging stock (FOBS™/®) For extruded cold-drawn coiled rod for automotive components, such as screws and nuts Internal HX

Some of our customers

Organisation development Business Strategy Business Plan Manufacturing excellence Service HES VALUES Innovation Quality Organisation development People Strategy

Competence management People priorities Business strategy Global Innovative Performance-oriented Commercial Performance culture Competence management Leadership pipeline External trends Internal situation Globalisation Generations Expectations Speed of change Operating model Manufacturing excellence Demographics Engagement Org. characteristics Diversity Mobility Customer First Trustworthy One Company Entrepreneurship Accountability The Sapa way Code of conduct Strategic focus areas and determining factors in the strategy 13 13 13

(outside) (inside) External Environment Internal Actions (Key Stakeholders) External Environment (Employees) Internal Actions Leadership Customers Training & Development Suppliers Competitors Team Work Investors/ owners Processes

SAPA EMPLOYEE 2015 Mind set change Service teams Training and tools Standar-dize Innova-tion Invest-ment Communication Service Innovation Values Flexibility Customer first Partner-ship with customers Engagement HSE Quality Technical Measure-ments Lean FMEA SOP APQP New products, machines, technical tools and processes Detection systems Robots CNC

The mainstream Education System The adult and continuing education system

AMU courses on more levels Timeline 5 years Industri tekniker - produktion Industri tekniker - maskin Proces operatør Lager operatør 2 years Elektronik operatør CNC- teknikker Industri operatør Industri assistent 1 ½ year Produktør CNC assistent Grundforløb (Preparatory) – produktion og udvikling – 20 uger

Together we are shaping a lighter future