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Starting point for strategy evaluation<br />
FAK/BMK 2010 March 2011<br />
<strong>Autoneum</strong><br />
• Following the successful joint development under one roof for decades,<br />
both divisions are now globally structured, individually sustainable and<br />
ready to be positioned as strong and focused standalone entities on the<br />
capital markets<br />
• Today, both divisions are operated as separate businesses with their own<br />
management teams and organizations.<br />
• Board of Directors made a thorough evaluation of the divisional strategies<br />
in HY1 2010 and of the Group strategy in HY2 2010<br />
• Result of strategy evaluation: Separation as best solution<br />
• Making them fully independent in the context of the proposed transaction<br />
is therefore a logical step<br />
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