Pininfarina

Investor Presentation • Sep 4, 2018

ITALIAN DESIGN & ENGINEERING

A Luxury Design and Engineering Company

September 4th, 2018

• We do innovate defying conventions.
• Inspired by nature and humans, our aim is to challenge what other people thought was impossible.

PININFARINA SIGNATURE A WORLD LEADING DESIGN HOUSE ESTABLISHED IN 1930 IN TURIN, ITALY

GROUP MILESTONES

GLOBAL PRESENCE 626 EMPLOYEES GLOBALLY & 120+ CONTRACTORS *

* as of 30/06/18

AUTOMOTIVE

INDUSTRIAL DESIGN

3M	acer	/I ANEST IWITA	ARES	arexons	Bluform Design Italiano	$\rm B_{1822}^{OVET}$	BRICS	calligaris O	Coca Cola.
COLOMBO	gorenje	Juevzzi	LAWGE THE Nº1 HOOF IN EXITER	LAVALLA	n	Morfeus	$(M)$ MOTOROLA		MAX ONGS.
CHANAITA	TAXABLE INCOME. Poltrona Frau	redwall	SR	salvagnini	SAMSUNG	SARATOGA	NV JAV/O	snaidero CUCINE PER LA VITA	Tecn Oalarm
TELECOM	torino 2006 999	forino 2006 perelyncic cames ىپە	TORTEROLO & RE FORTE BUNDATE	uffix	Unilever

TRANSPORTATION

ARCHITECTURE & INTERIORS

GRAPHIC & PACKAGING

CLIENTS AND PARTNERS MORE THAN 110 ACTIVE CLIENTS

GOVERNANCE

• Board of directors 9 members, 5 independent directors
• Treasury shares held by PF SPA 0.03%
• PF SPA part of italian listed brands of Borsa Italiana

All figures in € M

KEY FINANCIALS FROM A PERIOD OF CRISIS – TURNAROUND IN PLACE AND BACK TO PROFIT IN 2017 AFTER 14 YEARS

STRATEGY

R&D / TECHNOLOGY BRAND

ENGINEERING

Ferrari Sergio H600 eco-friendly luxury sedan concept for Hybrid Kinetic Group Engineering development FOREVER Pininfarina Cambiano

STRATEGY DEPLOYED INCREASE IN VALUE OF PRODUCTION 2017 VS 2016

All figures in € M

KEY FINANCIALS MARCH YTD RESULTS 2018 VS 2017

2018 2017

KEY FINANCIALS

2018 2017

On going rationalization of the corporate structure of the Group. Objectives:

• Concentrate, in single legal entities, the different activities in which the Group operates
• Centralize the commercial strategies and synergies in executive functions
• Shorten the control chain optimization of the structure and the relative costs

Current Actions:

NEW GROUP STRUCTURE FROM 2018 PININFARINA VISION AND BUSINESS STRATEGY DEPLOYED THROUGH A NEW COMPANY STRUCTURE

• Grouping all engineering resources (Italian & German operations): "Pininfarina Engineering S.r.l." operational as

• Grouping all design and brand activities: merger by incorporation project of Pininfarina Extra S.r.l. in Pininfarina

• of July 1st, 2018
• S.p.A. , effective from January 1st 2019

STRATEGY DEPLOYED VALUE OF PRODUCTION GROWTH IN PININFARINA KEY MARKETS, 2017 vs 2016

VALUE OF PRODUCTION 2017 - BY SERVICES AND CLIENTS

Note. Operating revenues only

WHERE DO WE SEE EXCEPTIONAL GROWTH OPPORTUNITIES FOR PININFARINA

• PF branded and co-branded one off/limited series vehicles
• One-off nonauto design bespoke solutions

• Autonomous driving

• Design end 2 end customer experiences

• Digital & Physical Design integrated

• Work packages, turnkey services

• Focus on connected, autonomous, shared and electric

• Branded luxury products

• Licensing of the brand & cobranding activities

ENGINEERING SERVICES OUTSOURCING (ESO) AUTOMOTIVE ESO MARKET GROWS BY 6% TO EUR 22 BN IN 2020. EUROPE LARGEST MARKET, CHINA AND INDIA GROWTH REGIONS

Ferrari Sergio PF0 H2Speed

• Pininfarina has the exceptional prestige to become the leading company in the businesses of classic

LUXURY COACHBUILDER INNOVATION & HERITAGE

• cars and exclusive Fuoriserie production.
• be protected, developed and valued.

• The specific skills and craftsmanship related to these activities are unique assets for the company, to

TRANSPORTATION ARCHITECTURE &INTERIORS

INTERIORS AND

FURNITURE PRODUCT DESIGN LIFESTYLE PRODUCTS DESIGN STRATEGY

• The expression of innovation, purity and elegance is applied to all experiences and products, merging physical and digital, from luxury cars, to electronics, to architecture.
• Integrated multidisciplinary and multicultural talents under one roof, in order to deliver superior customer experiences.

360° DESIGN HOUSE CAPTURING THE GROWING DEMAND FOR CUSTOMIZED PRODUCTS WITH A HIGH LEVEL OF INNOVATION AND SENSE OF UNICITY

PF BRAND EXTENSION

PININFARINA VISION

A LUXURY DESIGN AND ENGINEERING COMPANY

R&D / TECHNOLOGY BRAND

ENGINEERING

DISCLAIMER

This document has been prepared solely for this presentation and does not constitute an offer of securities for sale in any jurisdiction.

This presentation does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe or sell for, or any offer to underwrite or otherwise acquire any shares in the Company or any other securities, nor shall the presentation form the basis of or be relied on in connection with any contract or investment decision relation thereto, or constitute a recommendation regarding the securities of the Company or a proposal or an undertaking to enter into an agreement or a commitment to any kind of obligation.

The actual results may differ materially from those expressed in any forward-looking statement and the Company does not assume any liability with respect thereto.

The content of this document has a merely informative nature and the statements contained herein have not been independently verified. Neither the Company nor any of its representatives shall accept any liability whatsoever (whether in negligence or otherwise) arising in any way from the use of this document or its contents or otherwise arising in connection with this document or any material discussed during the presentation.

The Manager in Charge of preparing the Company financial reports hereby certifies pursuant to paragraph 2 of art. 154-bis of Legislative Decree no. 58 of February 24, 1998, that the accounting disclosures of this document are consistent with the accounting documents, ledgers and entries.

Thank you!

www.pininfarina.com store.pininfarina.com