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Reflections-April 2018

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REFLECTIONS<br />

<strong>April</strong> <strong>2018</strong><br />

Commitment • Customer Focus • Execution • Integrity • Leadership • Teamwork • Fun


Background<br />

Mr Dominick Paul Zarcone, also known as Nick, is our<br />

Chief Executive Officer and President since May 2017<br />

and has been LKQ board Director since May 8, 2017.<br />

Nick served as Chief Financial Officer and Executive<br />

Vice President of LKQ Corp. since March 30, 2015 until<br />

May 2017.<br />

Prior to joining LKQ, Nick served as the Managing<br />

Director and the Chief Financial Officer of Baird<br />

Financial Group, a capital markets and wealth<br />

management company and certain of its affiliates<br />

from <strong>April</strong> 2011 to March 2015. Nick served as Treasurer<br />

of Baird Funds, Inc. - Baird Large cap Fund from <strong>April</strong><br />

2011 to March 2015. From February 1995 to <strong>April</strong> 2011,<br />

Nick served as a Managing Director of the Investment<br />

Banking department of Robert W. Baird & Co.<br />

Incorporated. From February 1986 to February 1995,<br />

he was with the investment banking company Kidder,<br />

Peabody & Co., Incorporated, as Senior Vice President<br />

of Investment Banking. He served as the Chief Financial<br />

Officer of Robert W. Baird & Co. Incorporated from<br />

2011 to March 10, 2015 and its Managing Director until<br />

March 10, 2015.<br />

Nick invested 16 years in Robert W. Baird & Co.'s<br />

Investment Banking Department, where he served<br />

as the Chief Operating Officer. Nick was responsible<br />

for managing the Investment Banking activities in the<br />

Services and Technology sectors and his client activities<br />

were primarily focused on providing M&A advisory and<br />

financing services to growth-oriented companies in<br />

the Business Services industry. His extensive transaction<br />

experience includes approximately 100 financing and<br />

advisory assignments, including public offerings, private<br />

placements, mergers and acquisitions and strategic<br />

advisories. Prior to joining Baird in 1995, Nick spent<br />

nine years in the Investment Banking Group at Kidder,<br />

Peabody & Co., working with growth companies in<br />

service industries. Prior to joining Kidder, Peabody &<br />

Co., he spent five years with Beatrice Companies,<br />

Inc. in various financial capacities, the last of which<br />

was Manager-Treasurer for the International Food<br />

Segment. Nick has been Director of Generac Holdings<br />

Inc. since January 1, 2017. Nick is a member of the<br />

Board of Directors of Generac Power Systems, Inc. He<br />

has been a Director of Coast Distribution System Inc.<br />

since August 19, 2015.<br />

Nick received an MBA from the University of Chicago<br />

Graduate School of Business and a BS in Finance with<br />

highest honors from the University of Illinois.<br />

BLOCK<br />

YOUR<br />

DAY<br />

Nick Zarcone - President & CEO:<br />

LKQ Corporation, Addressing India team<br />

Date: <strong>April</strong> 14, <strong>2018</strong><br />

Venue: PremChandraSagar Auditorium,<br />

Dayananda Sagar College,<br />

Kumarswamy Layout,<br />

Schedule: 3:30 p.m. to 7:30 p.m.


Corporate News<br />

LKQ Corporation’s Subsidiary, LKQ European Holdings B.V.,<br />

Announces Pricing of €1.0 Billion Senior Notes<br />

CHICAGO, March 22, <strong>2018</strong> (GLOBE NEWSWIRE) --<br />

LKQ Corporation (Nasdaq:LKQ) today announced<br />

that LKQ European Holdings B.V., a wholly-owned<br />

subsidiary, priced its offering of €1.0 billion in<br />

aggregate principal amount of senior notes. The<br />

offering consists of €750,000,000 3.625% senior notes<br />

due 2026 (the “2026 notes”) and €250,000,000<br />

4.125% senior notes due 2028 (the “2028 notes”<br />

and, together with the 2026 notes, the “notes”).<br />

LKQ European Holdings B.V. will pay interest on the<br />

notes semi-annually on <strong>April</strong> 1 and October 1 of<br />

each year, commencing on October 1, <strong>2018</strong>. The<br />

2026 notes will mature on <strong>April</strong> 1, 2026 and the 2028<br />

notes will mature on <strong>April</strong> 1, 2028. The notes will<br />

be fully and unconditionally guaranteed by LKQ<br />

Corporation and each of its domestic wholly-owned<br />

subsidiaries that are guarantors under its senior<br />

secured credit facility. The company intends to use<br />

the net proceeds from the offering, together with<br />

borrowings under its senior secured credit facility, (i) to<br />

finance a portion of the consideration payable for the<br />

pending Stahlgruber GmbH acquisition, (ii) for general<br />

corporate purposes and (iii) to pay related fees and<br />

expenses, including the refinancing of net financial<br />

debt. The offering is expected to close on or about<br />

<strong>April</strong> 9, <strong>2018</strong>, subject to customary closing conditions.<br />

The notes have not been and will not be registered<br />

under the Securities Act of 1933 (the “Securities Act”) or<br />

the securities laws of any other jurisdiction. As a result,<br />

they may not be offered or sold in the United States or<br />

to any U.S. persons except pursuant to an applicable<br />

exemption from, or in a transaction not subject to,<br />

the registration requirements of the Securities Act. The<br />

notes will be offered only to non-U.S. persons outside<br />

the U.S. pursuant to Regulation S under the Securities<br />

Act and to qualified institutional buyers pursuant to<br />

Rule 144A under the Securities Act.<br />

This announcement does not constitute an offer to sell<br />

or the solicitation of an offer to buy the notes in the<br />

offering, nor shall there be any sale of such notes in<br />

any jurisdiction in which such offer, solicitation or sale<br />

would be unlawful prior to registration or qualification<br />

under the securities laws of any such jurisdiction.<br />

This press release is being issued pursuant to and in<br />

accordance with Rule 135c under the Securities Act.<br />

For more information, refer LKQ Corp website<br />

LKQ Global Leadership Meet<br />

with Justin Jude & Jack Patterson<br />

with Nick Zarcone


About Team<br />

LKQ Global Voice Operations Team manages the<br />

VoIP Infrastructure of Keystone Automotive Operations<br />

– (India) & LKQ Corporation, provides support for the<br />

smooth functioning of the telecom infrastructure.<br />

VoIP Operations Team<br />

The Primary objective of the VoIP operations team is<br />

to:<br />

● Provide support for end users to resolve their<br />

telephony issues on day to day basis<br />

● Monitor the events and alerts through the monitoring<br />

tools to keep the system up and running<br />

● Resolve VoIP related issues reported by the users<br />

based on ServiceNow tickets<br />

● Implementation and installation of VoIP across new<br />

sites<br />

Voice Engineering Team<br />

The Primary objective of the voice engineering team<br />

is to:<br />

● Implementation and upgradation of VoIP<br />

infrastructure<br />

● Deployments of new Voice infrastructure<br />

● Support for all the escalated issues from Voice<br />

operations<br />

● Continuously looks for feature enhancements in<br />

Voice Infrastructure<br />

Deliverables<br />

● 24/5 support for VoIP operation support<br />

● On call Weekend support coverage for any critical<br />

issues<br />

● Coordinate with Multiple IT Support teams, Windows/<br />

VM/Network<br />

● Complete Catalog Task, Ad hoc and incident within<br />

SLA<br />

● Change Management for business Critical changes<br />

Technologies<br />

● Cisco Unified Communication Manager<br />

● Cisco Unity Connection<br />

● Cisco IM and Presence (Jabber)<br />

● Cisco Contact Center Enterprise<br />

● Calabrio Call Recording<br />

● ShoreTel PBX<br />

Spot Award Winners<br />

Manjunath DK<br />

KAO: AR<br />

Fayaz Ahamad<br />

ECP: Pricing & Analytics<br />

Rakesh P C<br />

LKQ: Salvage Procurement<br />

Lokesh P<br />

ECP: Finance


Auto News<br />

<strong>April</strong> 3, <strong>2018</strong><br />

U.S. Auto Sales jumped in March: GM, Fiat<br />

Chrysler, Toyota increase<br />

As Americans deepen their love of sport utility vehicles,<br />

automakers felt the effect when it came to March sales.<br />

Collectively, they reported an unexpectedly strong<br />

month in March amid strong consumer confidence<br />

despite stock market volatility.<br />

Sales of new vehicles jumped 6% for the month,<br />

compared with a year earlier, according to Autodata.<br />

For the month, the traditional Detroit Three automakers<br />

had strong month based almost exclusively on their<br />

SUVs, crossovers and pickups.<br />

General Motors recorded a surprising 15.7% sales<br />

increase, far outpacing expectations. Ford Motor<br />

was up 3.5% and Fiat Chrysler rose 13.6%. Among the<br />

Japanese automakers, Toyota was up 3.5%, Nissan<br />

declined 3.7%, Honda rose 3.8% and Subaru continued<br />

its hot sales streak with a 5.9% increase.<br />

Wild swings in stock prices, higher gasoline prices<br />

and higher interest rates weren’t enough to keep car<br />

buyers out of the showroom.<br />

https://www.usatoday.com/story/money/<br />

cars/<strong>2018</strong>/04/03/u-s-auto-sales/480980002<br />

MARCH <strong>2018</strong> US LV SALES<br />

FORECAST v REPORTED UNITS<br />

Forecast LV Sales<br />

1.60 million<br />

Forecast LV SAAR<br />

16.9 million<br />

Actual LV Sales<br />

1.65 million<br />

Actual LV SAAR<br />

17.4 million<br />

Wards Intelligence tracks light-vehicle (LV)<br />

deliveries throughout sales reporting day.<br />

http://www.theengineblock.com/jl-lift-kit-rubiconexpress-2-0-system<br />

http://wardsauto.com/data-insights/analysis/March-<br />

<strong>2018</strong>-us-lv-sales-thread<br />

March 20, <strong>2018</strong>, Kris Lavery<br />

JL Lift Kit – Rubicon Express 2.0 System<br />

The desire to run bigger tires and wheels is the driving<br />

force behind the sales of lift kits, and the <strong>2018</strong> Jeep<br />

Wrangler JL is sure to be a popular platform for<br />

suspension upgrades. The JL is in its infancy regarding<br />

its life cycle. However, aftermarket manufacturers<br />

have been hard at work to get lift kits to market for<br />

the new Wrangler. Easter Jeep Safari, the annual<br />

“Mecca” of Jeepdom held annually in Moab, Utah,<br />

has accelerated this process. If you’re lucky to be<br />

among the Red Rock 4-Wheelers and Jeep revelers<br />

this year, you may catch a glimpse of the subject of<br />

today’s post in action. Introducing the 2.0 lift kit for the<br />

<strong>2018</strong> JL Wrangler.<br />

JL Lift Kit – If It Ain’t Broke…<br />

If you drive a lifted JK and you haven’t test driven a<br />

JL, keep it that way. Don’t do it to yourself, your family,<br />

or your bank account. Just walk away. Because once<br />

you experience the butter-smooth (for a Jeep) ride<br />

and handling of the JL’s suspension, you’ll be tapping<br />

into Junior’s college fund. For those that already own a<br />

JL and know how great it rides, you might be skeptical<br />

about a lift ruining your ride quality. No worries as<br />

Rubicon Express has been an innovator and authority<br />

in Jeep suspension. They recognize that FCA got it<br />

right with the new JL, so the best way to get larger tires<br />

underneath your new Wrangler is with a spacer lift.<br />

Coil Spacers added to the new JL in this 2″ JL lift kit<br />

from Rubicon Express give you a nice stance and<br />

clearance for 35″ tires. That is, unless you spring for a<br />

Rubicon model, in which case you can safely run 37s.<br />

Shock absorber extensions, sway bar drops and bump<br />

stop extensions retain all of the other finely-tuned<br />

suspension components. Maintaining the factory<br />

geometry of the JL Wrangler virtually eliminate the<br />

chance of changing your Jeep’s ride characteristics.<br />

Spot Award Winners<br />

Vaibhav Chowdary<br />

KAO: MDM<br />

Basavaraj Tallolli<br />

Common: IT<br />

Arun D J<br />

LKQ: Parts Trader<br />

Mukesh B P<br />

LKQ: IT


Visitors Section<br />

Parts Trader<br />

Chris Read<br />

Chris Read - Supervisor, Insurance Call Center, LKQ Corporation<br />

Ryan Paparone - National Account Manager – Business Technology, LKQ Corporation<br />

Ryan Paparone<br />

Forgotten Indian Childhood Games<br />

That Need To Be Revived Before They Are Lost Forever<br />

Forgotten Indian Childhood Games<br />

Lagori, Kancha, Gilli-danda, Kho Kho – recognise any<br />

of these names? If you’re in your 40s or 50s, the mere<br />

mention is bound to evoke nostalgia for summer days<br />

spent playing outdoors with friends. If you’re in your<br />

20s or 30s, your parents and grandparents could tell<br />

you a tale or two about the magic of these childhood<br />

games.<br />

But will the children of this generation have the same<br />

memories? Most likely not, because many of them<br />

spend their time playing video games in a virtual world.<br />

This addiction has brought the classic Indian games<br />

mentioned above, and many others, to the brink of<br />

extinction.<br />

Kancha or Marbles<br />

This is still a popular game among kids in rural<br />

areas. The game is played with round glass<br />

marbles and the motive is to collect as many<br />

marbles as possible by shooting and striking<br />

other marbles with the ones you have.<br />

Played by: Any number of people<br />

We will continue to look on these forgotten games in<br />

our monthly articles.


CARE FOR NATURE - No Tissue Day<br />

It is very important for each and every one of us to<br />

protect the environment and Mother nature. Our<br />

modern day life style-urge to get things done in much<br />

faster and easier way has its effects on the nature.<br />

It is high time now for us to stand and contribute in<br />

whatever little way we can to protect the Mother<br />

nature.<br />

So we as ONE KEYSTONE FAMILY would continue to<br />

observe one day at our organisation (JPN & BTM) as<br />

“NO TISSUE DAY ( Facial Tissues)”. Which means that<br />

on the day, we will volunteer as one family and limit<br />

the use of tissue for one entire day (All shifts).<br />

When: Third Friday of every<br />

month<br />

How we could help: By not<br />

using facial tissues for a day<br />

How will it help: Save trees<br />

being cut & water being<br />

used for tissue manufacture<br />

Here are some fun facts about the tissue paper usage across the globe.<br />

1. Tissue accounts for greater than 15% of deforestation<br />

2. We throw away enough paper to make tissue paper for a lifetime<br />

3. To make one ton of paper towels, 17 trees are cut down and 20,000 gallons of water are consumed<br />

4. Decomposing paper towels produce methane gas. Methane gas is a leading cause of global warming<br />

5. The average person uses 2,400 – 3,000 paper towels at work, in a given year<br />

6. Tissue paper wipes out 27,000 trees a day. Worldwide, the equivalent of almost 270, 000 trees is either flushed<br />

or dumped in landfills every day and roughly 10% of that total is attributable to tissue paper, according to<br />

the latest issue of World Watch magazine


The most electrifying cricket<br />

tournament is back with more<br />

merriment and money.<br />

The Indian Premier League (IPL), officially Vivo Indian Premier League founded by BCCI, is a professional<br />

franchise based Twenty20 cricket league in India contested during <strong>April</strong> and May of every year by teams<br />

representing Indian cities and few cricket playing countries.<br />

The IPL is the most-attended cricket league in the world and in 2014 ranked sixth by average attendance<br />

among all sports leagues. In 2010, the IPL became the first sporting event in the world to be broadcast live on<br />

YouTube. The brand value of IPL in 2017 was US$5.3 billion, according to Duff & Phelps. According to BCCI, the<br />

2015 IPL season contributed 11.5<br />

billion INR (US$182 million) to the<br />

GDP of the Indian economy.<br />

The league’s format is similar<br />

to that of the Premier League<br />

of England and the NBA in the<br />

United States.<br />

There have been ten seasons<br />

of the IPL tournament. IPL <strong>2018</strong><br />

will start from 7 th <strong>April</strong> <strong>2018</strong> and<br />

conclude at 27 th May <strong>2018</strong>.<br />

Chennai Super Kings, Delhi<br />

Daredevils, Kings XI Punjab,<br />

Kolkata Knight Riders, Mumbai<br />

Indians, Rajasthan Royals,<br />

Royal Challengers Bangalore,<br />

Sunrisers Hyderabad are the 8<br />

participating team.<br />

Look for more updates in our<br />

next edition.<br />

Leading from where we are...<br />

Helpdesk Number<br />

Location<br />

Department JP Nagar BTM<br />

Front Office 8505 3200 8505 3300<br />

HR 8505 2555 8505 2523<br />

Admin & Facilities 8505 2566 8505 2527<br />

Travel Desk 8505 3003<br />

IT Support 8505 5555<br />

POSH (Prevention of Sexual<br />

Harassment)<br />

8505 2512 8505 2523<br />

ERT (Emergency Response Team) 8505 2568 8505 2520<br />

ICT (Internal Communications Team) 8505 2515 8505 2779<br />

Upcoming Event<br />

Keystone Premier<br />

Cricket League<br />

KPCL - <strong>2018</strong><br />

Date: 21 st & 22 nd <strong>April</strong> <strong>2018</strong><br />

Venue: VET College grounds, JP Nagar<br />

Get aligned… Get prepared…<br />

Get ready for another fun filled<br />

sport event of the year<br />

Anonymous Hotline: Call toll - free: +1-800-040-1337/Report Online www.lkqcorp.ethicspoint.com<br />

We would love to hear from you!<br />

Visit us: http://connect.key-stone.com<br />

If you have any suggestions or thoughts about the newsletter<br />

please email us at jxreddy@lkqcorp.com

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