Continental AG — Investor Presentation 2014

Nov 4, 2014

9M 2014 Results Regensburg – November 4, 2014

http://www.continental-ir.com

AGENDA

1 Corporation Highlights	3
2 Automotive Group	11
3 Rubber Group	15
4 Indebtedness and Cash Flow	20
5 Outlook	23
6 Back-up & Fact Sheets 2012 - 2014	33

1) Corporation Highlights Most Important KPIs 9M 2014

• › Sales up by 3% to €25.6 bn; organic sales growth at 5% (neg. FX impact ~€650 mn)
• › Adj. EBIT¹ up by 4% to €2.9 bn; adj. EBIT¹ margin at 11.5% up 20 bps (PPA and special effects -€470 mn)
• › NIAT² up by 14% to €1.8 bn
• › Free cash flow amounted to €941 mn mainly due to lower cash interest and working capital management
• › Net indebtedness down to €3.9 bn; gearing ratio down to 36%; equity ratio at 37%
• › Value creation: trailing ROCE³ at 19.3%

Other topics:

• › At-equity impairments, provisions for legacy contracts and impairments for HEV within the Powertrain division led to €334 mn special items in Q3/14, €86 mn of which are not adjusted
• › Recognition of deferred tax assets in NAFTA amounting to €161 mn and on interest carry forwards in Germany amounting to €98 mn
• › Veyance transaction expected to be closed in December 2014

² Attributable to the shareholders of the parent ³ Trailing ROCE is calculated as reported EBIT for the last twelve months (LTM) divided by average operating assets (OA) for the LTM

¹ Before amortization of intangibles from PPA, consolidation and special effects

1) Corporation Highlights Divisional Highlights 9M 2014

			9M 2014 Results – November 4, 2014 EDMR – Equity and Debt Markets Relations
Before	amortization of intangibles from PPA, consolidation	and special effects
R	organic sales Rubber Group › increased to	increased by 3% (Q3/14: +1%); 17.8% after 9M/14 (PY: 17.0%)	adj. EBIT1 margin
e b b u	adj. EBIT1 ContiTech margin down by 50 bps to 11.7%; organic sales up by 2% › adj. EBIT1 (Q3/14: +1%); margin in Q3/14 improved QOQ by 120 bps
p u o r G r	adj. EBIT1 margin Tires › costs (9M/14: ~€150 9M/14); volumes PC & LT tire replacement after 9M/14;	increased to 20.1% (PY: up by 5% after 9M/14 demand increased in Europe by TS 850 winter tire is test winner in major test magazines	18.8%), benefitting from lower raw material mn), strict cost management and solid price mix (was balanced after (Q3/14: +4%); FX impacted sales -3% after 9M/14; 4% and was up by 5% in NAFTA
m o t u A	Automotive Group › worldwide PC & LT production by 300 bps; special items recognized in Powertrain	sales increased organically by 6% in adj. EBIT1 Order intake already booked amounts to ~€22 bn at Sept. 30, 2014	9M/14 (Q3/14 +4%), outgrowing margin remained at 7.9% despite the
e v oti	at 10.1% adj. EBIT1 Interior › (Q3/14 +7%)	margin (PY: 8.9%); organic sales due to continuing strong business activity in	increased by 8% B&S and CV&AM
u o r G	3.5% adj. EBIT1 at Powertrain › (Q3/14 +2%),	margin (PY: 5.1%); organic sales special items booked in Q3/14 total €334 mn,	increased by 4% €86 mn of which are not adjusted
p	at Chassis & Safety ›	9.6% adj. EBIT1 margin (PY: +2%); strong growth in ADAS continued (+47% unit sales);	9.4%); organic sales up by 5% (Q3/14 R&D cost up by 13% in 9M/14

¹ Before amortization of intangibles from PPA, consolidation and special effects

1) Corporation Highlights

Sales and Adjusted EBIT¹ by Quarter

1) Corporation Highlights

How Would Q3/14 Have looked if Powertrain Charges hadn't been booked?

	As reported In Q3/14	If special items in PT had not been booked in Q3/14	Delta
Sales (mn €)	8,669.5	8,669.5		Legacy contract
EBITDA (mn €)	1,203.3	1,305.6		charges not adj. in Q3
Adj. EBIT1 (mn €)	962.0	1,048.3	86.3	Total special
EBIT (mn €)	637.8	971.4	333.7	items booked in Q3/14 for
EBIT margin (in % of sales)	7.4%	11.2%		Powertrain
Net interest (mn €)	-75.1	-75.1
Taxes (mn €)	-47.4	-89.8	-42.4	w/o PT special
Non-controlling interest (mn €)	-20.2	-20.2		items taxes2 of €251 mn would have been
Net income after non-controlling interest (mn €)	495.1	786.1	291.0	booked. Minus €161.2 mn
Margin (in % of sales)	5.7%	9.1%		DTA3 in the U.S.A, taxes
EPS (€)	2.47	3.93	1.47	would have
1 Before amortization of intangibles from PPA, consolidation and special 2 Assuming 28% tax rate on €896 mn pre-tax profit (EBT) 3 Deferred tax asset in the U.S.A. amounting to €161.2 mn	effects			amounted to only €90 mn

1) Corporation Highlights Sales and Adjusted EBIT¹ by Group

¹ Before amortization of intangibles from PPA, consolidation and special effects ² Excluding all of the €334 mn negative impact booked in Powertrain Division in Q3/14

9M 2014 Results – November 4, 2014 EDMR – Equity and Debt Markets Relations

7

1) Corporation Highlights

Growth Profile of the Corporation 9M 2014 (in %)

1) Corporation Highlights Sustainable Value Creation

1) Corporation Highlights

Maturities¹ for Syndicated Loan² and Bonds (mn €)

(mn €)	FY 13	9M 14
Gross indebtedness	6,638	6,264
Cash	2,045	2,013
Net indebtedness	4,289	3,926
Available credit lines	3,833	4,070
Total liquidity	5,878	6,083

¹ All amounts shown are nominal values

² Syndicated loan maturities – Term loan April 2016 and revolving credit facility (RCF) April 2019

³ Any utilization under the RCF has to be shown as short term debt according to IFRS although the RCF matures in 04/19 and has a total volume of €3,000 mn

⁴ Nominal amount US \$950 mn (exchange rate as at Sept. 30, 2014: 1.2593)

2) Automotive Group Q3/14

Benefitting from Stabilization in European Production

› Sales increased by €217 mn in Q3/14; organic sales growth in Q3/14 at 4%

• › Adjusted EBIT¹ decreased by €47 mn mainly due to provisions for legacy contracts; adjusted EBIT¹ before provisions for legacy contracts would have amounted to €442 mn resulting in an 8.7% margin; operating leverage would have amounted to 18%
• › Adjusted EBIT¹ margin at 7.0% (PY: 8.2%)
• › R&D expenses increased by 14.8% to €479 mn

¹ Before amortization of intangibles from PPA, consolidation and special effects

2) Automotive Group 9M/14 Adj. EBIT¹ Margin Stable

Reported sales change

• › Chassis & Safety: 2.1%
• › Powertrain: 2.6%
• › Interior: 4.1%
• › Automotive Group: 3.0%

¹ Before amortization of intangibles from PPA, consolidation and special effects

532 167 522 0 1,221 Chassis & Safety Powertrain Interior cons. Automotive Group 9.6% 3.5% 10.1% 7.9% Adj. EBIT margin (%) (mn €) 9M/14 1

• › Reported EBITDA: €1,726 mn (11.2% of sales)
• › Reported EBIT: €783 mn (5.1% of sales)
• › R&D: €1,400 mn (9.1% of sales)
• › Capex: €687 mn (4.4% of sales)

2) Automotive Group

Powertrain – Addressing Legacy Contracts and HEV

2) Automotive Group

Powertrain – Addressing Legacy Contracts and HEV

• Powertrain 9M/14 (mn €) › HEV is and will remain a strategic investment for Continental
• › Sales will progressively increase to €200 mn by 2017 and losses will be limited to about €100 mn p.a. until 2017
• › HEV losses will start to moderate from 2017 onwards when 48V will start
• › Powertrain sales ex HEV will grow by about 5% in 2015
• › EBIT margin ex HEV will be above 8% in 2015
• › 10% EBIT margin to be achieved by 2019 including HEV

4,705 111 4,816 Powertrain sales 9M/14 ex HEV HEV sales 9M/14 Powertrain sales 9M/14 7.7%¹ 5.3% EBIT² -€104 mn EBIT margin before provisions for legacy contracts and impairments

¹ Adjusted sales before EMITEC

² Before amortization of intangibles from PPA, consolidation and special effects

3) Rubber Group Q3/14

Adjusted EBIT¹ Margin Benefitting from Raw Material Prices

• › Sales increased by €103 mn in Q3/14
• › Tire volumes grew by 4% during the quarter; FX impact was neutral to tire revenues during the quarter while P/M was slightly positive in Q3/14
• › ContiTech sales increased by €18 mn in Q3/14 and EBIT margin improved by 100 bps QOQ
• › Adjusted EBIT¹ down by €17 mn mainly due to lower raw material cost benefit which amounted to about €40 mn compared to €130 mn in Q3/13

¹ Before amortization of intangibles from PPA, consolidation and special effects

3) Rubber Group 9M/14

Profitability Remains at Elevated Level

› ContiTech:	1.0%
› Tires:	2.3%
› Rubber Group:	2.1%

¹ Before amortization of intangibles from PPA, consolidation and special effects

› Reported EBITDA: €2,162 mn (21.3% of sales)

› Reported EBIT: €1,745 mn (17.2% of sales)

› R&D: €228 mn (2.2% of sales)

› Capex: €618 mn (6.1% of sales)

3) Rubber Group Update on Veyance Technologies

2014

• › Closing expected in December 2014
• › Sales contribution in 2014 about €100 mn; no negative effects on earnings expected
• › Veyance will add about €1.5 bn to operating assets

2015

• › Sales should amount to about €1.45 bn (assuming like-for-like sales growth of about 1%)
• › Adjusted EBIT¹ at about 8% of sales including synergies and integration cost amounting to around -€15 mn (net) for 2015
• › PPA will be amortized over 7-10 years (instead of the 10 years assumed in February) and will amount to approximately €115 mn p.a. based on preliminary PPA

Mid term targets 2017:

• › ContiTech's EBIT margin to be restored to 12%
• › ContiTech's ROCE will improve to 25%

¹ Before amortization of intangibles from PPA, consolidation and special effects

3) Rubber Group Running against a Higher Base

¹ U.S. Department of Transportation

3) Rubber Group

Expected Raw Material Price Development in 2014 - Update

• › Natural rubber price (TSR 20) expected to average US \$1.86 in 2014 (before: US \$2.10)
• › Synthetic rubber price (butadiene feedstock) forecast to an average US \$1.44 in 2014 (unchanged)
• › €180 mn tailwind from natural and synthetic rubber cost expected for 2014 (prior forecast: €160 mn tailwind)
• › Oil-based chemical and textile cost to increase YOY
• › However, rubber prices expected to increase in the course of 2015 as demand further stabilizes
• › Q1/15 will benefit from current natural rubber price levels

¹ Source: Bloomberg and Continental estimates for 2014

4) Indebtedness and Cash Flow Net Indebtedness Bridge

¹ According to cash flow statement including intangible assets

4) Indebtedness and Cash Flow

Development of Net Indebtedness and Gearing Ratio

4) Indebtedness and Cash Flow Cash Flow Overview

5) Outlook Passenger Car & Light Truck Production by Quarter

5) Outlook Market Outlook for Major Regions 2014

Source: IHS and Continental estimates for 2014

¹ Passenger car & light truck <6t ² Heavy vehicles >6t ³ Passenger car & light truck replacement ⁴ Commercial vehicle replacement (radial & biased)

5) Outlook Continental 2014¹

¹ Potential effects from first time consolidation of Veyance Technology, Inc. are not included

² Before amortization of intangibles from PPA, consolidation (2013 in comparison to 2012) and special effects

Thank you for your attention!

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Disclaimer

• › This presentation has been prepared by Continental Aktiengesellschaft solely in connection with the release of the 9M 2014 results on November 4, 2014, in Regensburg. It has not been independently verified. It does not constitute an offer, invitation or recommendation to purchase or subscribe for any shares or other securities issued by Continental AG or any subsidiary and neither shall any part of it form the basis of, or be relied upon in connection with, any contract or commitment concerning the purchase or sale of such shares or other securities whatsoever.
• › Neither Continental Aktiengesellschaft nor any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss that may arise from any use of this presentation or its contents or otherwise arising in connection with this presentation.
• › This presentation includes assumptions, estimates, forecasts and other forward-looking statements, including statements about our beliefs and expectations regarding future developments as wellas their effect on the results of Continental. These statements are based on plans, estimates and projections as they are currently available to the management of Continental. Therefore, these statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Furthermore, although the management is of the opinion thatthese statements, and their underlying beliefs and expectations, are realistic or of the date they are made, no guarantee can be given thatthe expected developments and effects will actually occur. Many factors may cause the actual development to be materially different from the expectations expressed here. Such factors include, for example and without limitation, changes in general economic and business conditions, fluctuations in currency exchange rates orinterest rates, the introduction of competing products, the lack of acceptance for new products or services and changes in business strategy.
• › All statements with regard to markets ormarket position(s) of Continental or any of its competitors are estimates of Continental based on data available to Continental. Such data are neither comprehensive nor independently verified. Consequently, the data used are not adequate for and the statements based on such data are not meant to be, an accurate or proper definition of regional and/or product markets or market shares of Continental and any of the participants in any market.
• › Unless otherwise stated, all amounts are shown in millions of euro. Please note that differences may arise as a result of the use of rounded amounts and percentages.

Contact Equity and Debt Markets Relations

Rolf Woller Sabine Reese

e-mail: ir@conti.de

Vahrenwalder Str. 9 Klaus Paesler 30165 Hanover Phone: +49 511 938 1316 Germany e-mail: klaus.paesler@conti.de

Phone: +49 511 938 1068 Phone: +49 511 938 1027 e-mail: rolf.woller@conti.de e-mail: sabine.reese@conti.de

Ingrid Kampf Michael Saemann Phone: +49 511 938 1163 Phone: +49 511 938 1307 Fax: +49 511 938 1080 e-mail: michael.saemann@conti.de

www.continental-ir.com Henry Schniewind Phone: +49 511 938 1062 e-mail: henry.schniewind@conti.de

Continental Financial Calendar

2014

Annual Financial Press Conference	March 6, 2014
Annual Shareholders' Meeting	April 25, 2014
Q1 Financial Report	May 6, 2014
Half-Year Financial Report	July 31, 2014
Nine Month Financial Report	November 4, 2014

2015

Annual Financial Press Conference	March 5, 2015
Annual Shareholders' Meeting	April 30, 2015
Q1 Financial Report	May 7, 2015
Half-Year Financial Report	August 4, 2015
Nine Month Financial Report	November 9, 2015

Continental Share Data / ADR Data

Share Data

Type of share	No-par value share
Bloomberg Ticker	CON
Reuters Ticker	CONG
German Security Identification Number (WKN)	543 900
ISIN Number	DE0005439004
Shares outstanding as at September 30, 2014	200,005,983

ADR Data

Ratio (ordinary share: ADR)	1:5
Bloomberg Ticker	CTTAY
Reuters Ticker	CTTAY.PK
ISIN Number	US2107712000
ADR Level	Level 1
Exchange	OTC
Sponsor	Deutsche Bank Trust Company Americas

Continental Bond Data

Issuer	Conti-Gummi Finance B.V., Netherlands1	Continental AG	Continental Rubber of Corp., USA1 America,	Continental AG
Issue	Senior Notes	Senior Notes	Senior Notes	Senior Notes
Principal amount	€750 mn	€750 mn	\$950 mn	€750 mn
Offering price	99.595%	98.950%	100.000%	99.228%
Rating at issuance date	4 Ba1 (Moody's ) BB (S&P) BBB (Fitch2 )	4 Ba2 (Moody's ) BB (S&P) BB (Fitch2 )	Ba3 (Moody's4 ) BB- (S&P) BB (Fitch2 )	4 Ba1 (Moody's ) BB (S&P) BBB (Fitch2 )
Current corporation rating3 and bond	Baa3 (Moody's4 BBB (Fitch), BBB (S&P), )
Coupon	2.5% p.a.	3.0% p.a.	4.5% p.a.	3.125% p.a.
Issue date	Sept. 19, 2013	Jul. 16, 2013	Sept. 24, 2012	Sept. 9, 2013
Maturity	Mar. 20, 2017	Jul. 16, 2018	Sept. 15, 2019	Sept. 9, 2020
Start of period for early redemption (60-90 days' prior notice)	---	---	Sept. 15, 2015	---
Interest payment	Annual Mar. 20	Semi annual Jan. 16/Jul. 16	Semi annual Mar. 15/Sept. 15	Annual Sept. 9
WKN	A1VC6B	A1X24V	A1G9JJ	A1X3B7
ISIN	XS0972719412	XS0953199634	DE000A1G9JJ0	XS0969344083
Denomination	€1,000 with min. tradable amount €1,000	€1,000 with min. tradable amount €1,000	\$1,000 with min. tradable amount \$150,000	€1,000 with min. tradable amount €1,000

¹ Guaranteed by Continental AG only since April 24, 2014

² Non-contracted rating at date of issuance

³ Fitch since Jul. 15, 2013; S&P since Dec. 6, 2013; Moody's since Sept. 19, 2013

⁴ No n-contracted rating since Feb. 1, 2014

Back-up

9M 2014 Results – November 4, 2014 EDMR – Equity and Debt Markets Relations

32

6) Back-up Overview of Volume Development

Units (YOY change)	Q1/12	H1/12	9M/12	FY 12	Q1/13	H1/13	9M/13	FY 13	Q1/14	H1/14	9M/14
Market data for PC & LT production
EU	-3%	-4%	-5%	-5%	-8%	-3%	-1%	1%	8%	5%	3%
NAFTA	18%	22%	19%	17%	1%	4%	5%	5%	5%	4%	5%
EU and NAFTA combined	5%	6%	4%	4%	-4%	0%	2%	3%	7%	5%	4%
Worldwide	9%	8%	6%	6%	0%	2%	3%	4%	5%	3%	3%
Continental
Electronic stability control (ESC)	11%	12%	11%	11%	13%	14%	15%	15%	14%	12%	11%
Anti locking brake (ABS)	9%	7%	0%	-4%	-24%	-24%	-21%	-19%	-13%	-11%	-16%
Boosters	16%	8%	4%	4%	-4%	-2%	0%	0%	8%	10%	6%
Calipers	15%	8%	6%	6%	2%	7%	7%	6%	7%	2%	1%
Advanced driver assistance systems (ADAS)	52%	41%	52%	57%	51%	57%	57%	58%	53%	50%	47%
Engine electronic control units (ECUs)	2%	-4%	-9%	-10%	-11%	-8%	-4%	-1%	7%	6%	6%
Injectors	4%	-4%	-7%	-7%	-10%	-7%	-3%	-1%	-3%	-3%	-5%
Transmissions	29%	25%	19%	16%	4%	7%	10%	12%	8%	8%	6%
Turbochargers					296%	207%	179%	108%	64%	68%	71%
Market data tires
PC & LT replacement tires Europe	-10%	-11%	-10%	-8%	-10%	-4%	-1%	-1%	6%	5%	4%
PC & LT replacement tires NAFTA	-5%	-3%	-3%	-2%	-2%	0%	4%	4%	7%	6%	5%
Commercial vehicle tires OE Europe	-3%	-5%	-7%	-4%	-3%	0%	0%	0%	1%	-7%	-4%
Commercial vehicle tires OE NAFTA	31%	25%	14%	2%	-12%	-13%	-9%	-2%	6%	10%	12%
Commercial vehicle replacement tires Europe	-27%	-26%	-19%	-14%	5%	8%	9%	9%	15%	6%	3%
Commercial vehicle replacement tires NAFTA	-10%	-9%	-6%	-2%	-1%	-2%	-2%	-2%	9%	9%	9%
Continental
PC & LT tires	3%	0%	0%	0%	-6%	-1%	1%	2%	9%	6%	5%
Commercial vehicle tires	0%	2%	2%	2%	-4%	2%	5%	6%	13%	8%	5%
ContiTech organic sales growth	4%	3%	2%	2%	-2%	0%	0%	2%	5%	2%	2%

6) Back-up Corporation Highlights 9M 2014

› Sales	Increase of 2.7% to €25,587.6 mn (PY: €24,923.9 mn); organic sales up 4.7%
› EBITDA	Increase of 0.2% to €3,809.1 mn (PY: €3,801.8 mn)
› EBIT	Decrease to €2,447.9 mn (PY: €2,516.9 mn) Adjusted EBIT1 mn (11.5% adjusted EBIT1 increase to €2,920.3 margin) PPA2 effect -€155.4 mn; total special effects -€314.2 mn
› NIAT3	Increase of 14.1% to €1,798.9 mn (PY: €1,576.0 mn)
› EPS	EPS of €8.99 (PY: €7.88) EPS before PPA2 before PPA2 €9.55 (PY: €8.92 )
› Capex	Capex decreased to €1,305.6 mn (PY: €1,334.6 mn); capex ratio 5.1% of sales; Capex to depreciation coverage 0.96x (1.08x ex PPA)
› R&D	Expenses for research and development increased by 10.4% to €1,627.6 mn (PY: €1,474.4 mn); R&D ratio 6.4% of sales (PY: 5.9%)
› Cash flow	Operating cash flow up by €730.6 mn to €2,349.5 mn; free cash flow €941.0 mn
› Net indebtedness	Net indebtedness down by €363.1 mn to €3,926.2 mn (vs. YE 2013) Liquidity and undrawn credit lines amounted to €6,082.9 mn

¹ Before amortization of intangibles from PPA, consolidation and special effects

² Amortization of intangibles from PPA, tax rate of 28% applied for EPS calculation

³ Attributable to the shareholders of the parent

Key Historical Credit Metrics – IAS 19 (rev. 2011) applied⁶

(mn €)1	2009	2010	2011	2012	2013	LTM Q3 2014
Cash flow statement
Adjusted EBITDA2	2,354	3,662	4,247	4,822	5,094	5,281
Reported EBITDA	1,591	3,588	4,228	4,967	5,095	5,102
Net cash interest paid	-727	-703	-662	-575	-534	-248
Tax paid	-205	-493	-466	-684	-805	-777
Change in net working capital3	595	-497	-556	564	-4	75
Other4	1,173	-46	-256	-488	-30	299
Cash flow arising from operating activities	2,427	1,849	2,289	3,785	3,722	4,452
Cash flow arising from investing activities	-787	-1,282	-1,798	-2,132	-1,904	-2,107
- thereof capex in PPE and intangibles	-911	-1,324	-1,813	-2,081	-2,024	-2,021
Cash flow before financing activities	1,640	567	491	1,653	1,818	2,345
Balance sheet
Cash and cash equivalents	1,713	1,471	1,541	2,397	2,045	2,013
Derivative instruments and interest-bearing investments	104	202	249	536	303	324
Total indebtedness	10,713	8,991	8,562	8,253	6,638	6,264
Net indebtedness	8,896	7,317	6,772	5,320	4,289	3,926
Credit ratios
Net indebtedness / adj. EBITDA2	3.8x	2.0x	1.6x	1.1x	0.8x	0.7x
Net cash interest paid coverage (Ratio)5	3.2x	5.2x	6.4x	8.4x	9.5x	21.3x

¹ Amounts shown may contain rounding differences

² Adjusted EBITDA starting 2009 on as defined in syndicated loan but IAS 19 (rev. 2011) not applied in 2012

3 Includes changes in inventories, trade accounts receivable, trade accounts payable and discounted notes

4 Includes dividends received, income from at-equity accounted and other investments incl. impairments, gains and losses from disposals, other non-cash items as well as changes in pension and similar obligations (including effects from transactions regarding contractual trust arrangements [CTA] in 2009) and in other assets and liabilities

⁵ Adj. EBITDA to net cash interest paid

⁶ Since 2012

6) Back-up Maturities¹ for Gross Indebtedness (mn €)

¹ Maturities later than 2018 are bond maturities only; all bond and syndicated loan amounts shown are nominal values; maturities do not add up to gross indebtedness amounting to

€6,263.8 mn as at Sept. 30, 2014; CP = Commercial Paper; SoR = Sales of receivables (€809.8 mn total amount as at Sept. 30, 2014) ² Any utilization under the Revolving Credit Facility (RCF) has to be shown as short term debt according to IFRS although the RCF matures in 2019 and has a total volume of €3,000 mn ³ Nominal amount US \$950 mn (exchange rate as at Sept. 30, 2014: 1.2593)

Capex and Depreciation & EPS Breakdown 9M 2014

Automotive Group Financials – Chassis & Safety

• › Sales increased by 4.9% before consolidation and FX effects
• › EBITDA increased by €20.1 mn to €758.0 mn (+2.7%)
• › Adj. EBIT¹ increased by €18.7 mn to €532.0 mn (adj. EBIT¹ margin 9.6%)
• › EBIT increased by €38.0 mn to €511.1 mn (EBIT margin 9.2%)
• › PPA effect in 9M 2014: -€21.0 mn
• › No special effects in 9M 2014

Sales (mn €) EBITDA margin Adj. EBIT margin 1

Automotive Group Financials – Powertrain

• › Sales increased by 3.5% before consolidation and FX effects
• › EBITDA decreased by €217.7 mn to €270.4 mn (-44.6%)
• › Adj. EBIT¹ decreased by €71.5 mn to €167.1 mn (adj. EBIT¹ margin 3.5%)
• › EBIT decreased by €325.8 mn to -€165.9 mn (EBIT margin -3.4%)
• › PPA effect in 9M 2014: -€51.3 mn
• › Special effects in 9M 2014: -€283.4 mn

Powertrain 9M 2014

Sales (mn €) EBITDA margin Adj. EBIT margin 1

6) Back-up Automotive Group Financials – Interior

• › Sales increased by 8.4% before consolidation and FX effects
• › EBITDA increased by €60.7 mn to €697.4 mn (+9.5%)
• › Adj. EBIT¹ increased by €89.3 mn to €521.6 mn (adj. EBIT¹ margin 10.1%)
• › EBIT increased by €124.7 mn to €437.3 mn (EBIT margin 8.5%)
• › PPA effect in 9M 2014: -€74.9 mn
• › Special effects in 9M 2014: -€9.4 mn

6) Back-up Rubber Group Financials – Tires

• › Sales increased by 3.6% before consolidation and FX effects
• › EBITDA increased by €157.5 mn to €1,740.8 mn (+9.9%)
• › Adj. EBIT¹ increased by €100.5 mn to €1,441.1 mn (adj. EBIT¹ margin 20.1%)
• › EBIT increased by €109.8 mn to €1,409.9 mn (EBIT margin 19.4%)
• › Special effects in 9M 2014: -€23.1 mn

6) Back-up Tires – Commercial Vehicle Tire Demand

¹ BAG = Bundesamt für Güterverkehr (German Federal Office for Goods Transport)

² ATA = American Trucking Association

6) Back-up Rubber Group Financials – ContiTech

• › Sales increased by 1.6% before consolidation and FX effects
• › EBITDA decreased by €11.8 mn to €421.3 mn (-2.7%)
• › Adj. EBIT¹ decreased by €15.4 mn to €337.9 mn (adj. EBIT¹ margin 11.7%)
• › EBIT decreased by €13.8 mn to €334.9 mn (EBIT margin 11.4%)
• › Special effects in 9M 2014: +€1.7 mn

Fact Sheets 2012 – 2014

6) Fact Sheets Quarterly Sales Analysis

Sales (mn €)			2012					2013					2014
	Q1	Q2	Q3	Q4	FY	Q1	Q2	Q3	Q4	FY	Q1	Q2	Q3	Q4	FY
C&S	1,812.4	1,780.9	1,725.0	1,734.2	7,052.5	1,792.9	1,860.8	1,800.1	1,815.4	7,269.2	1,878.2	1,868.5	1,823.4
Powertrain	1,626.2	1,572.5	1,484.8	1,451.3	6,134.8	1,526.1	1,606.5	1,561.3	1,566.4	6,260.3	1,579.1	1,598.4	1,638.9
Interior	1,660.9	1,614.4	1,582.3	1,576.6	6,434.2	1,620.1	1,723.3	1,612.5	1,649.8	6,605.7	1,699.1	1,733.9	1,725.4
Tires	2,366.8	2,351.7	2,484.9	2,461.6	9,665.0	2,222.2	2,419.0	2,478.2	2,463.8	9,583.2	2,318.3	2,405.9	2,557.8
ContiTech	923.0	931.6	924.0	933.2	3,711.8	941.6	998.7	961.9	976.1	3,878.3	973.4	978.6	979.6
Other / Consolidation	-69.8	-64.4	-66.7	-61.2	-262.1	-69.6	-67.3	-64.4	-64.4	-265.7	-58.0	-57.3	-55.6
Continental Corporation	8,319.5	8,186.7	8,134.3	8,095.7	32,736.2	8,033.3	8,541.0	8,349.6	8,407.1	33,331.0	8,390.1	8,528.0	8,669.5

Changes Y-o-Y in %

	2013							2014
	Q1	Q2	Q3	Q4	FY	Q1	Q2	Q3	Q4	FY
	-1.1	4.5	4.4	4.7	3.1	4.8	0.4	1.3
	-6.2	2.2	5.2	7.9	2.0	3.5	-0.5	5.0
	-2.5	6.7	1.9	4.6	2.7	4.9	0.6	7.0
	-6.1	2.9	-0.3	0.1	-0.8	4.3	-0.5	3.2
	2.0	7.2	4.1	4.6	4.5	3.4	-2.0	1.8
	-3.4	4.3	2.6	3.8	1.8	4.4	-0.2	3.8

6) Fact Sheets Quarterly EBITDA Analysis

EBITDA (mn €)		2012						2013					2014
	Q1	Q2	Q3	Q4	FY	Q1	Q2	Q3	Q4	FY	Q1	Q2	Q3	Q4	FY
C&S	249.8	257.3	237.3		263.5 1,007.9	241.8	250.3	245.8	252.3	990.2	254.0	242.0	262.0
Powertrain	164.2	153.0	125.0	166.8	609.0	158.9	168.5	160.7	162.1	650.2	157.0	125.3	-11.9
Interior	199.4	212.2	194.0	247.7	853.3	202.1	220.1	214.5	213.5	850.2	223.2	244.5	229.7
Tires	468.5	530.7	522.4		483.5 2,005.1	459.2	533.2	590.9		554.4 2,137.7	545.4	591.9	603.5
ContiTech	140.3	148.0	144.2	126.4	558.9	135.9	157.5	139.7	143.2	576.3	143.7	132.9	144.7
Other / Consolidation	-18.3	-12.5	-24.6	-11.4	-66.8	-28.5	-19.7	-29.1	-32.3	-109.6	-27.5	-26.6	-24.7
Continental Corporation			1,203.9 1,288.7 1,198.3 1,276.5 4,967.4					1,169.4 1,309.9 1,322.5 1,293.2 5,095.0				1,295.8 1,310.0 1,203.3

EBITDA margin in %		2012						2013					2014
	Q1	Q2	Q3	Q4	FY	Q1	Q2	Q3	Q4	FY	Q1	Q2	Q3	Q4	FY
C&S	13.8	14.4	13.8	15.2	14.3	13.5	13.5	13.7	13.9	13.6	13.5	13.0	14.4
Powertrain	10.1	9.7	8.4	11.5	9.9	10.4	10.5	10.3	10.3	10.4	9.9	7.8	-0.7
Interior	12.0	13.1	12.3	15.7	13.3	12.5	12.8	13.3	12.9	12.9	13.1	14.1	13.3
Tires	19.8	22.6	21.0	19.6	20.7	20.7	22.0	23.8	22.5	22.3	23.5	24.6	23.6
ContiTech	15.2	15.9	15.6	13.5	15.1	14.4	15.8	14.5	14.7	14.9	14.8	13.6	14.8
Continental Corporation	14.5	15.7	14.7	15.8	15.2	14.6	15.3	15.8	15.4	15.3	15.4	15.4	13.9

Changes Y-o-Y in %	2013							2014
	Q1	Q2	Q3	Q4	FY	Q1	Q2	Q3	Q4	FY
	-3.2	-2.7	3.6	-4.3	-1.8	5.0	-3.3	6.6
	-3.2	10.1	28.6	-2.8	6.8	-1.2	-25.6	-107.4
	1.4	3.7	10.6	-13.8	-0.4	10.4	11.1	7.1
	-2.0	0.5	13.1	14.7	6.6	18.8	11.0	2.1
	-3.1	6.4	-3.1	13.3	3.1	5.7	-15.6	3.6
	-2.9	1.6	10.4	1.3	2.6	10.8	0.0	-9.0

6) Fact Sheets Quarterly Analysis of Adjusted EBIT¹

1 Adjusted EBIT1 (mn €)	2013								2014
	Q1	Q2	Q3	Q4	FY		Q1	Q2	Q3	Q4	FY
C&S	168.5	176.1	168.7				179.2	166.8	186.0
Powertrain	59.6	93.2	85.8				81.0	84.0	2.1
Interior	122.9	160.3	149.1				162.7	190.9	168.0
Tires	366.3	439.7	534.6				442.5	484.7	513.9
ContiTech	109.9	130.5	112.9				115.3	105.5	117.1
Other / Consolidation	-31.0	-19.7	-29.2				-27.6	-26.7	-25.1
Continental Corporation	796.2	980.1	1,021.9				953.1	1,005.2	962.0

Adjusted EBIT1 margin in % 1	2013							2014
	Q1	Q2	Q3	Q4	FY	Q1	Q2	Q3	Q4	FY
C&S	9.4	9.5	9.4			9.5	8.9	10.2
Powertrain	3.9	5.8	5.5			5.1	5.3	0.1
Interior	7.8	9.5	9.2			9.6	11.0	9.7
Tires	16.5	18.2	21.6			19.3	20.4	20.6
ContiTech	11.7	13.1	11.7			12.0	10.9	12.1
Continental Corporation	10.0	11.5	12.2			11.4	11.8	11.3

Changes Y-o-Y in %		2014
	Q1	Q2	Q3	Q4	FY
	6.4	-5.3	10.3
	35.9	-9.9	-97.6
	32.4	19.1	12.7
	20.8	10.2	-3.9
	4.9	-19.2	3.7
	19.7	2.6	-5.9

6) Fact Sheets Quarterly EBIT Analysis

EBIT (mn €)		2012						2013					2014
	Q1	Q2	Q3	Q4	FY	Q1	Q2	Q3	Q4	FY	Q1	Q2	Q3	Q4	FY
C&S	166.8	173.0	153.3	179.6	672.7	155.3	162.7	155.1	125.8	598.9	172.3	159.3	179.5
Powertrain	45.8	37.0	5.5	-40.0	48.3	52.1	58.3	49.5	19.6	179.5	64.5	32.9	-263.3
Interior	92.8	102.5	81.1	137.1	413.5	95.7	112.5	104.4	68.0	380.6	137.8	154.7	144.8
Tires	384.3	442.9	432.6	406.7	1,666.5	365.2	440.3	494.6	452.6	1,752.7	440.7	482.4	486.8
ContiTech	115.8	123.6	118.9	95.3	453.6	107.7	129.2	111.8	113.4	462.1	115.5	104.3	115.1
Other / Consolidation	-18.3	-12.8	-24.6	-12.7	-68.4	-28.6	-19.8	-29.1	-32.6	-110.1	-27.6	-26.7	-25.1
Continental Corporation	787.2	866.2	766.8	766.0	3,186.2	747.4	883.2	886.3	746.8	3,263.7	903.2	906.9	637.8

EBIT margin in %		2012						2013					2014
	Q1	Q2	Q3	Q4	FY	Q1	Q2	Q3	Q4	FY	Q1	Q2	Q3	Q4	FY
C&S	9.2	9.7	8.9	10.4	9.5	8.7	8.7	8.6	6.9	8.2	9.2	8.5	9.8
Powertrain	2.8	2.4	0.4	-2.8	0.8	3.4	3.6	3.2	1.3	2.9	4.1	2.1	-16.1
Interior	5.6	6.3	5.1	8.7	6.4	5.9	6.5	6.5	4.1	5.8	8.1	8.9	8.4
Tires	16.2	18.8	17.4	16.5	17.2	16.4	18.2	20.0	18.4	18.3	19.0	20.1	19.0
ContiTech	12.5	13.3	12.9	10.2	12.2	11.4	12.9	11.6	11.6	11.9	11.9	10.7	11.7
Continental Corporation	9.5	10.6	9.4	9.5	9.7	9.3	10.3	10.6	8.9	9.8	10.8	10.6	7.4

Changes Y-o-Y in %	2013							2014
	Q1	Q2	Q3	Q4	FY	Q1	Q2	Q3	Q4	FY
C&S	-6.9	-6.0	1.2	-30.0	-11.0	10.9	-2.1	15.7
Powertrain	13.8	57.6	800.0	149.0	271.6	23.8	-43.6	-631.9
Interior	3.1	9.8	28.7	-50.4	-8.0	44.0	37.5	38.7
Tires	-5.0	-0.6	14.3	11.3	5.2	20.7	9.6	-1.6
ContiTech	-7.0	4.5	-6.0	19.0	1.9	7.2	-19.3	3.0
Continental Corporation	-5.1	2.0	15.6	-2.5	2.4	20.8	2.7	-28.0

6) Fact Sheets Consolidated Statement of Income

(mn €)	1-9 2012	1-9 2013	1-9 2014	Q3 2012	Q3 2013	Q3 2014
Sales	24,640.5	24,923.9	25,587.6	8,134.3	8,349.6	8,669.5
Cost of sales	-19,268.1	-19,083.9	-19,138.7	-6,336.8	-6,307.8	-6,443.8
Gross margin on sales	5,372.4	5,840.0	6,448.9	1,797.5	2,041.8	2,225.7
Research and development expenses	-1,345.6	-1,474.4	-1,627.6	-445.1	-487.4	-553.8
Selling and logistics expenses	-1,166.7	-1,219.9	-1,327.7	-398.2	-401.2	-454.3
Administrative expenses	-492.2	-524.4	-581.1	-170.2	-172.3	-199.9
Other income and expenses	0.6	-128.1	-375.5	-31.5	-103.4	-308.2
Income from at-equity accounted investees	47.2	23.8	-89.7	17.3	9.0	-72.0
Other income from investments	4.5	-0.1	0.6	-3.0	-0.2	0.3
Earnings before interest and taxes	2,420.2	2,516.9	2,447.9	766.8	886.3	637.8
Interest income1	71.8	58.3	68.3	58.4	16.8	22.0
Interest expense1,2	-453.7	-688.8	-283.9	-219.2	-286.9	-97.1
Net interest expense	-381.9	-630.5	-215.6	-160.8	-270.1	-75.1
Earnings before taxes	2,038.2	1,886.4	2,232.3	606.0	616.2	562.7
Income tax expense	-536.0	-237.8	-371.3	-139.3	-154.0	-47.4
Net income	1,502.2	1,648.6	1,861.0	466.7	462.2	515.3
Non-controlling interests	-49.8	-72.6	-62.1	-17.5	-28.1	-20.2
Net income attributable to the shareholders of the parent	1,452.4	1,576.0	1,798.9	449.2	434.1	495.1
Basic earnings per share in EUR	7.26	7.88	8.99	2.24	2.17	2.47
Diluted earnings per share in EUR	7.26	7.88	8.99	2.24	2.17	2.47

1 Including interest effects from pension obligations, from other long-term employee benefits, and from pension funds. In the prior years, the resulting income was reported under interest expense; the comparative figures for the prior years have been adjusted accordingly

2 Including gains and losses from foreign currency translation, from changes in the fair value of derivative instruments as well as from available-for-sale financial assets

Consolidated Statement of Financial Position – Assets

Assets in € millions	Sept. 30, 2014	Dec. 31, 2013	Sept. 30, 2013
Goodwill	5,742.2	5,520.9	5,607.0
Other intangible assets	455.2	557.7	634.2
Property, plant and equipment	8,159.8	7,728.0	7,585.1
Investment property	17.9	20.4	19.0
Investments in at-equity accounted investees	302.3	450.0	456.8
Other investments	10.8	7.9	6.9
Deferred tax assets	1,468.7	928.4	951.2
Defined benefit assets	8.6	6.0	2.4
Long-term derivative instruments and interest
bearing investments	269.5	285.1	234.5
Other long-term financial assets	34.2	45.0	20.9
Other long-term assets	21.4	20.1	17.3
Non-current assets	16,490.6	15,569.5	15,535.3
Inventories	3,330.3	2,830.9	3,119.9
Trade accounts receivable	6,569.3	5,315.8	6,115.2
Other short-term financial assets	382.9	336.2	343.3
Other short-term assets	731.6	601.2	667.0
Income tax receivables	92.8	69.3	56.8
Short-term derivative instruments and interest
bearing investments	54.9	18.3	126.1
Cash and cash equivalents	2,013.2	2,044.8	2,207.0
Assets held for sale	2.6	34.8	34.2
Current assets	13,177.6	11,251.3	12,669.5
Total assets	29,668.2	26,820.8	28,204.8

Consolidated Statement of Financial Position – Total Equity and Liabilities

Total equity and liabilities in € millions	Sept. 30, 2014	Dec. 31, 2013	Sept. 30, 2013
Subscribed capital	512.0	512.0	512.0
Capital reserves	4,155.6	4,155.6	4,155.6
Retained earnings	6,828.9	5,535.3	5,188.2
Other comprehensive income	-1,007.9	-1,191.7	-1,100.6
Equity attributable to the shareholders of the parent	10,488.6	9,011.2	8,755.2
Non-controlling interests	364.1	311.0	318.5
Total equity	10,852.7	9,322.2	9,073.7
Provisions for pension liabilities and similar obligations	2,937.3	2,391.1	2,466.3
Deferred tax liabilities	188.9	113.2	144.0
Long-term provisions for other risks and obligations	314.1	266.9	284.5
Long-term portion of indebtedness	5,040.8	5,041.2	4,980.0
Other long-term financial liabilities	51.9	16.2	15.9
Other long-term liabilities	47.5	42.2	54.8
Non-current liabilities	8,580.5	7,870.8	7,945.5
Trade accounts payable	4,882.0	4,596.3	4,341.8
Income tax payables	667.5	588.2	620.4
Short-term provisions for other risks and obligations	687.4	631.1	599.5
Indebtedness	1,223.0	1,596.3	3,177.3
Other short-term financial liabilities	1,627.5	1,448.0	1,468.9
Other short-term liabilities	1,147.5	767.9	977.7
Liabilities held for sale	0.1	—	—
Current liabilities	10,235.0	9,627.8	11,185.6
Total equity and liabilities	29,668.2	26,820.8	28,204.8

6) Fact Sheets Consolidated Statement of Cash Flows

	January 1 to Sept. 30		Third Quarter
in € millions	2014	2013	2014	2013
Net income	1,861.0	1,648.6	515.3	462.2
Income tax expense	371.3	237.8	47.4	154.0
Net interest expense	215.6	630.5	75.1	270.1
EBIT	2,447.9	2,516.9	637.8	886.3
Interest paid	-170.1	-458.4	-72.7	-219.0
Interest received	19.6	21.1	7.0	5.3
Income tax paid	-542.2	-571.0	-190.2	-150.8
Dividends received	16.4	21.5	0.3	0.9
of impairment losses	1,361.2	1,284.9	565.5	436.2
Income from at-equity accounted and other investments, incl. impairment and reversal of impairment losses	87.9	-23.7	70.5	-8.8
Gains from the disposal of assets, companies and business operations	-9.7	-87.3	-6.3	-3.1
Other non-cash items	—	-2.4	—	—
Changes in
inventories	-352.4	-195.2	-58.1	-0.6
trade accounts receivable	-975.4	-1,201.3	-397.4	-272.5
trade accounts payable	88.1	77.7	1.1	16.4
pension and similar obligations	6.1	-9.8	1.8	-0.6
other assets and liabilities	372.1	245.9	346.7	304.8
Cash flow arising from operating activities	2,349.5	1,618.9	906.0	994.5
Proceeds on the disposal of property, plant and equipment, and intangible assets	68.6	21.9	42.6	10.1
Capital expenditure on property, plant and equipment, and software	-1,305.6	-1,334.2	-511.7	-467.5
Capital expenditure on intangible assets from development projects and miscellaneous	-49.1	-23.6	-15.7	-7.9
Proceeds on the disposal of companies and business operations	-1.0	247.4	-1.2	-1.1
Acquisition of companies and business operations	-121.4	-116.2	-53.8	-25.7
Cash flow arising from investing activities	-1,408.5	-1,204.7	-539.8	-492.1
Cash flow before financing activities (free cash flow)	941.0	414.2	366.2	502.4
Change in indebtedness	-524.6	-36.6	-339.2	162.7
Successive purchases	—	-48.5	—	—
Dividends paid	-500.0	-450.0	—	—
Dividends paid and repayment of capital to non-controlling interests	-28.0	-21.7	-1.5	-2.0
Cash and cash equivalents arising from first consolidation of subsidiaries	0.4	0.4	0.2	—
Cash flow arising from financing activities	-1,052.2	-556.4	-340.5	160.7
Change in cash and cash equivalents	-111.2	-142.2	25.7	663.1
Cash and cash equivalents at the beginning of the reporting period	2,044.8	2,397.2	1,919.4	1,578.9
Effect of exchange rate changes on cash and cash equivalents	79.6	-48.0	68.1	-35.1
Cash and cash equivalents at the end of the reporting period	2,013.2	2,207.0	2,013.2	2,207.0

Q3 2014 Results Reported and Adjusted (mn €) – by Division

	2013	Chassis & Safety 2014	2013	Powertrain 2014	Interior 2013	2014	2013	Tires 2014	ContiTech 2013	2014	Cons./Corr. 2013	2014	2013	Corporation 2014
Sales			1,800.1 1,823.4 1,561.3 1,638.9 1,612.5 1,725.4 2,478.2 2,557.8						961.9	979.6	-64.4		-55.6 8,349.6 8,669.5
EBIT in % of sales	155.1 8.6%	179.5 9.8%		49.5 -263.3 3.2% -16.1%	104.4 6.5%	144.8 8.4%	494.6 20.0%	486.8 19.0%	111.8 11.6%	115.1 11.7%	-29.1	-25.1	886.3 10.6%	637.8 7.4%
Amortization of intangible assets from PPA	13.1	6.9	32.0	18.2	46.6	25.2	1.1	1.7	1.6	1.6	-0.1	0.0	94.3	53.6
Total special effects	0.0	0.0	3.1	248.9	-2.0	-2.0	38.9	23.3	-0.5	0.7	0.0	0.0	39.5	270.9
Total consolidation effects	0.5	-0.4	1.2	-1.7	0.1	0.0	0.0	2.1	0.0	-0.3	0.0	0.0	1.8	-0.3
Total consolidation & special effects	0.5	-0.4	4.3	247.2	-1.9	-2.0	38.9	25.4	-0.5	0.4	0.0	0.0	41.3	270.6
Adjusted operating result (adj. EBIT) 1 in % of adjusted sales	168.7 9.4%	186.0 10.2%	85.8 5.5%	2.1 0.1%	149.1 9.2%	168.0 9.7%	534.6 21.6%	513.9 20.6%	112.9 11.7%	117.1 12.1%	-29.2		-25.1 1,021.9 12.2%	962.0 11.3%

9M 2014 Results Reported and Adjusted (mn €) – by Division

	Chassis & Safety		Powertrain		Interior		Tires		ContiTech		Cons./Corr.		Corporation
	2013	2014	2013	2014	2013	2014	2013	2014	2013	2014	2013	2014	2013	2014
Sales			5,453.8 5,570.1 4,693.9 4,816.4 4,955.9 5,158.4 7,119.4 7,282.0 2,902.2 2,931.6											-201.3 -170.9 24,923.9 25,587.6
EBIT in % of sales	473.1 8.7%	511.1 9.2%	3.4%	159.9 -165.9 -3.4%	312.6 6.3%	8.5%	18.3%	437.3 1,300.1 1,409.9 19.4%	348.7 12.0%	334.9 11.4%	-77.5		10.1%	-79.4 2,516.9 2,447.9 9.6%
Amortization of intangible assets from PPA	39.5	21.0	98.5	51.3	142.6	74.9	3.2	3.7	4.3	4.5	0.0	0.0	288.1	155.4
Total special effects	-0.3	0.0	-21.3	283.4	-21.6	9.4	37.3	23.1	0.3	-1.7	-2.4	0.0	-8.0	314.2
Total consolidation effects	1.0	-0.1	1.5	-1.7	-1.3	0.0	0.0	4.4	0.0	0.2	0.0	0.0	1.2	2.8
Total consolidation & special effects	0.7	-0.1	-19.8	281.7	-22.9	9.4	37.3	27.5	0.3	-1.5	-2.4	0.0	-6.8	317.0
Adjusted operating result (adj. EBIT) 1 in % of adjusted sales	513.3 9.4%	532.0 9.6%	238.6 5.1%	167.1 3.5%	432.3 8.9%	10.1%	18.8%	521.6 1,340.6 1,441.1 20.1%	353.3 12.2%	337.9 11.7%	-79.9		11.3%	-79.4 2,798.2 2,920.3 11.5%

Q3 and 9M 2014 Results Reported and Adjusted (mn €) – by Group

					Q3 2013/2014				YTD January - September 2013/2014
		Automotive		Rubber Cons./Corr.		Corporation		Automotive		Rubber		Cons./Corr.			Corporation
			2013 2014 2013 2014 2013 2014 2013 2014						2013	2014	2013	2014	2013	2014	2013	2014
Sales										4,945.0 5,162.1 3,415.0 3,517.9 -10.4 -10.5 8,349.6 8,669.5 15,015.7 15,466.9 9,939.0 10,151.0			-30.8			-30.3 24,923.9 25,587.6
EBIT in % of sales	309.0		61.1 606.4 601.8 -29.1 -25.1 886.3 637.8 6.2% 1.2% 17.8% 17.1%					10.6% 7.4%	945.6 6.3%	5.1%	16.6%	782.5 1,648.8 1,744.8 17.2%	-77.5		10.1%	-79.4 2,516.9 2,447.9 9.6%
Amortization of intangible assets from PPA	91.7	50.3	2.6	3.3	0.0	0.0	94.3	53.6	280.6	147.2	7.5	8.3	0.0	-0.1	288.1	155.4
Total special effects		1.1 246.9	38.4	24.0	0.0	0.0		39.5 270.9	-43.2	292.8	37.6	21.4	-2.4	0.0	-8.0	314.2
Total consolidation effects	1.8	-2.1	0.0	1.8	0.0	0.0	1.8	-0.3	1.2	-1.8	0.0	4.6	0.0	0.0	1.2	2.8
Total consolidation & special effects		2.9 244.8	38.4	25.8	0.0	0.0		41.3 270.6	-42.0	291.0	37.6	26.0	-2.4	0.0	-6.8	317.0
Adjusted operating result (adj. EBIT) 1										403.6 356.2 647.4 630.9 -29.1 -25.1 1,021.9 962.0 1,184.2 1,220.7 1,693.9 1,779.1			-79.9			-79.5 2,798.2 2,920.3
in % of adjusted sales			8.2% 7.0% 19.0% 18.3%					12.2% 11.3%	7.9%	7.9%	17.0%	17.8%			11.3%	11.5%

6) Fact Sheets Shareholder Structure

Source: Based on publicly available data

6) Fact Sheets Development of Continental's Credit Rating

EDMR – Equity and Debt Markets Relations 57 ³ Solicited rating since November 2013

References Useful Links and References

Continental Investor Relations website	http://www.continental-ir.com
Annual and interim reports	http://www.continental-corporation.com/www/portal_com_en/themes/ir/financial_reports/
2013 Fact Book	http://www.continental-corporation.com/www/portal_com_en/themes/ir/financial_reports/
Investor Relations events and presentations	http://www.continental-corporation.com/www/portal_com_en/themes/ir/events/
Sustainability at Continental (presentation and fact sheet for investors)	http://www.continental-ir.com
Corporate Social Responsibility Report	http://www.continental-sustainability.com
Corporate Governance Principles	http://www.continental-corporation.com/www/portal_com_en/themes/ir/corporate_governance/
Continental share	http://www.continental-corporation.com/www/portal_com_en/themes/ir/share/
Continental bonds and rating	http://www.continental-corporation.com/www/portal_com_en/themes/ir/bonds/
Continental IR mobile website	http://continental.ir-portal.de