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Continental AG

Investor Presentation May 23, 2018

83_ip_2018-05-23_c62368a5-9bdd-4951-80ba-da0ab9c2542f.pdf

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Roadshow Presentation May/June 2018

Ticker: CON ADR-Ticker: CTTAY Twitter: @Continental_IR http://www.continental-ir.com

Agenda

1 Trends in the Sector of the Automotive Group 3
2 Trends in the Sector of the Rubber Group 10
3 Continental Strategy

Outlook 2020 and Beyond
15
4 Q1 2018 Results 16
5 Back-up and 2016

Q1 2018 Fact Sheets
45

1) Trends in the Sector of the Automotive Group New Business Opportunities Arise

  • › Revenue pool for suppliers reached more than €1 trn in 2017
  • › Business related to "established" business will grow by ~1% p.a. and reach ~€1.1 trn in 2025
  • › Revenues share of Electrification1 , Automated Driving and Holistic Connectivity represented in total <3% in 2017
  • › Revenue share of Electrification1 , Automated Driving and Holistic Connectivity will grow by ~30% p.a. to >€200 bn in 2025
  • › It will account for ~15% of the overall supplier revenue market by 2025

Sources: Roland Berger and Continental estimates. FX rate assumption 1.13 EUR/USD. 1 Not including market for electric vehicle batteries but including hybrid solutions.

Global Supplier Revenue Pool (bn €)

Four ACES1 Will Drive Our Growth

Sources: McKinsey and Continental estimates

1) Four ACES: autonomous, connected, electrified and shared mobility

2) Total Addressable Market

3) Not including market for batteries buthybrid solutions 4) McKinsey estimates a market for digital services of US70\$ - 110 billion in 2025; FX rate assumption of 1.13 EUR/USD

Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

The Most Digitalized Portfolio in The Supplier Sector1

Continental
Automotive
Competitor 1
Competitor 2
Competitor 3
Competitor 4
Competitor 5
Competitor 6
Competitor 7
Competitor 8
Competitor 9
Competitor 10
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Today: Electronics/Sensors/SW products as % of sales Continental 2025: Electronics/Sensors/SW products as % of sales

Source: Company filings and Continental estimates. 1 Suppliers >€3 bn sales.

Roadshow Presentation – May/June 2018

Approaching Automated Driving: Three-Layer Model

Market for Automated Driving
~€35 bn1
by 2025
Recent additions to the portfolio
(incl.
cooperations
and JVs)
Components Sensors ~€26 bn1 solid-state
flash
lidar
ADCU
System Electronics
Software
Integration
~€7 bn1 easyMile
NVIDIA
HUAWEI
Environmental Model Software
Electronics
~€2 bn1 NTT
Docomo
Baidu
BMW/Intel platform

1 Source: Continental estimates.

Roadshow Presentation – May/June 2018

Software Drives Architecture, Process and Organization

Strong Order Intake Drives Sustainable Growth…

Roadshow Presentation – May/June 2018

but Causes Sustained High R&D and Capex

Roadshow Presentation – May/June 2018

Tires Division: Four ACES Will Reduce Costs per Mile Traveled

Tires Division: Greater Access to Mobility for a Growing World Population

Sources: Continental, World Bank, Morgan Stanley, Roland Berger

Roadshow Presentation – May/June 2018

Tires Division: Strategy 2025 – Globalize Growth (mn units)1

ContiTech Division: Relevant Markets and Growth Opportunities

ContiTech Division: Unveiling the Power of Digitalization

1 ACES: Automated Driving, Connectivity, Electrification and Shared Mobility 2 Passenger car and light truck

Roadshow Presentation – May/June 2018

4) Corporation Highlights Most Important KPIs for Q1 2018

  • Sales slightly up to €11.0 bn; organic sales growth at 4.3%; FX negative at €546 mn
  • Adj. EBIT1 down by 9% to €1.1 bn; adj. EBIT1 margin at 9.7% (PPA2 -€42 mn and special effects -€6 mn)
  • NIAT3 amounted to €738 mn,down by 2%
  • Free cash flow amounted to €41 mn Free cash flow before acquisitions amounted to €186 mn
  • Gearing ratio improved to 12% and equity ratio to 44%
  • › Value creation: trailing ROCE4 down to 19.8%
  • Other topics:
  • › Order intake in the Automotive Group increased to €11 bn in Q1 2018
  • › Change in outlook announced on April 18, 2018

3 Attributable to the shareholders of the parent 4 Trailing ROCE is calculated as reported EBIT for the last twelve months (LTM) divided by average operating assets for the LTM

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

2 Amortization of intangibles from PPA

Divisional Highlights for Q1 2018

Automotive Group Rubber Group

Organic sales increased by
5.5%;
Automotive Group:
exceeding
global car
production by
about 7%-points;
adj. EBIT1
margin
at 8.3%
(PY:
8.3%)
adj. EBIT1

Organic sales up by
2.3% and
Rubber Group:
margin down to
12.9%
(PY:
14.9%), negatively impacted
by FX and some inventory revaluation effects
adj. EBIT1

10.1%
margin
Chassis
& Safety:
(PY:
9.6%);
organic sales
at 6.0%; ADAS unit sales
up by 37%
Adj. EBIT1

margin
down to 15.2% (PY: 18.0%);
Tires:
volumes down by 3%; solid
price mix
at
4%;
FX
impacted tire sales negatively by
5.5%;
adj. EBIT1

5.5%
margin (PY:
6.0%);
Powertrain:
adj. EBIT1
organic sales up by
1.5%;
margin before
HEV at
>9%
organic
sales up by
1.0%
PC & LT tire replacement
demand in
Tire markets:
Europe
was down by 1% and
North America
by 2%
adj. EBIT1

8.4%
margin (PY: 8.6%);
organic
Interior:
sales increased by
8.5% again driven by strong
demand for multimedia and connectivity products
Adj. EBIT1

margin
decreased
by
60
bps
ContiTech:
to
8.6% (PY: 9.2%);
organic sales up by 5.1% driven
by the Conveyor
Belt
Group and Industrial Fluid
Systems which recovered from depressed levels

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

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

4) Corporation Highlights Selected Recent Press Clippings

Continental and NVIDIA Partner to Enable Worldwide Production of Artificial Intelligence Self-Driving Cars Continental and NVIDIA announced that they are partnering to create Artificial Intelligence (AI) self-driving vehicle systems based on the NVIDIA DRIVE™ platform, with a planned market

Go to press release

Continental and GIZ Committed to Sustainability in the Natural Rubber Supply Chain

Continental and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH are joining forces in a development partnership to improve the sustainability of the natural rubber supply chain in Indonesia.

Go to press release

Production of 48-Volt Battery Systems Continental and Chinese automotive supplier and battery

manufacturer CITC (Sichuan Chengfei Integration Technology Co., Ltd.) will, through their respective subsidiaries, establish a joint venture for the development and production of 48-volt battery systems for the automotive industry. introduction in 2021 for level 3 automated driving features. Go to press release

Continental and CITC Establish Joint Venture for

Continental won a 2018 Automotive News PACE (Premier Innovation Partnership Awards

Automotive Suppliers' Contribution to Excellence) Award for its Digital Micromirror Head-Up Display technology. Audi and Continental were also presented with an Innovation Partnership Award for the Safety Domain Control Unit (SDCU). Go to press release

Continental Wins 2018 Automotive News PACE and

Continental Supplies System Solutions for Smooth Goods Turnover

Continental products are an indispensable part of its logistics centers. They range from conveyor belts and timing belts for automated storage and retrieval systems through to lines, power transmission technology and vibration dampers in forklift trucks.

Continental Scores Highest Rating Awarded in ADAC All- Season Tire Test

AllSeasonContact tire from Continental "good in the wet and on snow; top marks for fuel economy". ADAC: "Summer and winter tires are as important as ever in terms of safe driving" Go to press release

Sales and Adjusted EBIT1 by Quarter

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

Automotive Group and Rubber Group by Quarter

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

Growth Profile of the Corporation Q1 2018

Roadshow Presentation – May/June 2018

4) Corporation Highlights Sustainable Value Creation

Roadshow Presentation – May/June 2018

4) Corporation Highlights Maturities for Bonds1 (€ mn)

As at March 31, 2018

Roadshow Presentation – May/June 2018

4) Automotive Group

Sales and Adjusted EBIT1 by Division

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

Roadshow Presentation – May/June 2018

4) Automotive Group

Q1 2018: Sales and Profits Up

› Adj. EBIT1 increased by €5 mn; operating leverage2 amounted to 9%

› Adj. EBIT1 margin at 8.3% (PY: 8.3%)

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

2 Operating leverage is defined as delta adj. EBIT1 divided by delta adjusted sales

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

4) Automotive Group

7%-Points Growth above Market in Q1 2018

Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

4) Rubber Group

Sales and Adjusted EBIT1 by Division

Roadshow Presentation – May/June 2018

4) Rubber Group

Q1 2018 Impacted by FX and Inventory Revaluation

› Sales decreased by €48 mn mainly due to unfavorable FX development; organic sales growth in Q1 2018 at 2.3%

  • › Adj. EBIT1 decreased by €104 mn mainly due to negative FX effects and some inventory revaluation
  • › Adj. EBIT1 margin at 12.9% (PY: 14.9%)

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

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

4) Rubber Group

Tires Sales Bridge (€ mn) Q1 2018

Roadshow Presentation – May/June 2018

4) Rubber Group Tires: Q1 2018 Solid Price/Mix Development Continued in 2018

Roadshow Presentation – May/June 2018

4) Rubber Group Expected Raw Material Price Development in 2018

  • › Natural rubber price (TSR 20) is expected to decline by 4%
  • › Synthetic rubber price (butadiene feedstock) is forecast to stay stable
  • › Prices for carbon black and chemicals are forecast to rise by at least 10%
  • › Based on these assumptions, costs of raw materials are expected to have limited impact in 2018

Raw material price development1 2013 - 2018E (U.S. cents/kg)

1 Source: Bloomberg and Continental estimates for 2018

Roadshow Presentation – May/June 2018

4) Indebtedness and Cash Flow

Net Indebtedness Bridge (€ mn)

Roadshow Presentation – May/June 2018

4) Indebtedness and Cash Flow

Free Cash Flow Before Acquisitions (€ mn) in Q1 2018

2017 2017 before acquisitions 2018 2018 before acquisitions

Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

4) Indebtedness and Cash Flow

Net Indebtedness and Gearing Ratio

Roadshow Presentation – May/June 2018

4) Outlook 2018 PC & LT Production by Quarter1

Roadshow Presentation – May/June 2018

4) Outlook 2018 Market Outlook

PC & LT1 Production (mn units)

Worldwide
production
2017 2018E Chg.
to
increase
more
Europe 22.1 22.5 +2%
than 1% North America 17.1 16.8 -2%
South America 3.3 3.6 +8%
IHS and
own estimates
Asia 51.5 52.5 +2%

PC & LT1 Replacement Tire Market (mn units)

Worldwide replace- 2017 2018E Chg.
ment
tire market to
Europe 351 358 +2%
increase
by 3%
North America 285 290 +2%
South America 73 76 +4%
LMC and
own estimates
Asia 453 475 +5%

1 Passenger cars and light trucks <6t 2 Medium and heavy vehicles >6t 3 Radial and bias

Commercial Vehicle2 Production (k units)

2017 2018E Chg.
Europe 660 673 +2%
North America 513 559 +9%
South America 102 112 +10%
Asia 2,140 2,033 -5%

Commercial Vehicle Replacement3 Tire Market (mn units)

Roadshow Presentation – May/June 2018

4) Outlook 2018

Continental Corporation

Consolidated sales
adj. EBIT1
margin
2017
€44.0
bn
10.9 %
2018E
To increase
to ~€47
bn at constant FX
rates
EBIT1
>10% adj.
margin
Automotive Group
adj. EBIT1
€26.6
bn
€2.2
bn
To increase to ~€28.5 bn at constant FX rates
EBIT1
~8.5% adj.
margin
Rubber Group
adj. EBIT1
€17.5
bn
€2.6
bn
To increase to ~€18.5 bn at constant FX rates
EBIT1
>14% adj.
margin
Raw materials cost impact More than
€450 mn
for
the
Rubber Group
Raw materials to
have
limited impact
on
Rubber Group
based on current estimates
Special effects -€14
mn
-€100
mn
Financial
result
Tax rate
-€187 mn at constant FX2
29%
<-€180 mn at constant FX rates
<30%
Capex
PPA
amortization
€2.9
bn
€171 mn
Capex at around
7%
of sales
~€180
mn
Free cash flow before acquisitions €2.3
bn
~€2
bn

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

2 Before effects of currency translation and effects from changes in the fair value of derivative instruments, and other valuation effects

Roadshow Presentation – May/June 2018

Disclaimer

› This presentation has been prepared by Continental Aktiengesellschaft solely in connection with the Analyst and Investor Call on May 8, 2018, and the subsequent road shows in Europe, North America and Asia. 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 well as 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 that these statements, and their underlying beliefs and expectations, are realistic as of the date they are made, no guarantee can be given that the 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 or interest 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 or market 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.

› Note: Due to the application of the modified retrospective approach during first time adoption of IFRS 9, Financial Instruments, and IFRS 15, Revenues from Contracts with Customers, as at January 1, 2018, all the figures from comparative periods are shown unadjusted.

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

Contact Equity and Debt Markets Relations

Vahrenwalder Str. 9 30165 Hanover Germany

e-mail: [email protected] Fax: +49 511 938 1080 www.continental-ir.com

Rolf Woller Head of IR Phone: +49 511 938 1068 e-mail: [email protected]

Jana Cross Assistant to the Head of IR Roadshow and Conference Organization

Phone: +49 511 938 1163 e-mail: [email protected]

Michael
Saemann
Analysts, Institutional Investors and
Sustainability Investors
Phone: +49 511 938 1307
e-mail:
[email protected]
Marvin
Kalberlah
Analysts, Institutional Investors and
Social Media
Phone: +49 511 938 14034
e-mail:
[email protected]
Christopher Macke
Analysts and Institutional Investors
Phone: +49 511 938 1062
e-mail:
[email protected]
Klaus
Paesler
Analysts, Institutional Investors, ADR
and Private Investors
Phone: +49 511 938 1316
e-mail:
[email protected]
Sabine Reese
Sustainability, ASM, CMD
Organization, IR Website, Capital
Market Disclosure Requirements
Phone: +49 511 938 1027
e-mail:
[email protected]

Continental Financial Calendar

2018

Preliminary figures
for fiscal 2017
January 9,
2018
Annual Financial Press Conference March 8, 2018
Annual Shareholders' Meeting (incl. key data for Q1 2018) April 27, 2018
Q1 Financial Report May 8, 2018
Half-Year Financial Report August 2, 2018
Nine-Month Financial Report November 8,
2018
2019
Preliminary figures
for fiscal 2018
January
2019
Annual Financial Press Conference March 2019
Annual Shareholders' Meeting (incl. key data for Q1 2019) April 26, 2019
Q1 Financial Report May 2019
Half-Year Financial Report August 2019
Nine-Month Financial Report November 2019

Roadshow Presentation – May/June 2018

Continental Share Data/ADR Data

No-par value share
CON
CONG
543
900
DE0005439004
200,005,983
ADR Data
----------
Ratio 1:5
(ordinary share : ADRs)
Bloomberg Ticker CTTAY
Reuters Ticker CTTAY.PK
ISIN US2107712000
ADR Level Level 1
Exchange OTC
Sponsor Deutsche Bank Trust Company
Americas

Continental Bond Data

Issuer Continental
AG
Continental
Rubber of America, Corp.1
Continental
AG
Continental
AG
Issue Senior Notes Senior Notes Senior Notes Senior Notes
Principal amount €750
mn
€500
mn
€600
mn
€750
mn
Offering price 98.950% 99.739% 99.410% 99.228%
Rating at issuance
date
4
Ba2 (Moody's
)
BB
(S&P)
BB (Fitch2
)
BBB
(S&P)
BBB (Fitch)
BBB+
(S&P)
BBB+ (Fitch)
4
Ba1 (Moody's
)
BB
(S&P)
BBB (Fitch2
)
Current corporation
and
ratings3
bond
BBB+ (Fitch),
BBB+ (S&P),
Baa1 (Moody's4
)
Coupon 3.0% p.a. 0.5% p.a. 0.0% p.a. 3.125% p.a.
Issue date July 16, 2013 November
19, 2015
December 5, 2016 September
9, 2013
Maturity July 16, 2018 February 19, 2019 February 5, 2020 September 9, 2020
Interest payment Semi annual
January 16/July 16
Annual
February
19,
Commenced
February
20,2017
Not
applicable
Annual
September 9
WKN A1X24V A1Z7C3 A2DARM A1X3B7
ISIN XS0953199634 DE000A1Z7C39 XS1529561182 XS0969344083
Denomination €1,000 with minimum tradable amount €1,000

1 Guaranteed by Continental AG

2 Non-contracted rating at date of issuance

3 Fitch since October 24, 2016; S&P since May 11, 2016; Moody's since June 30, 2015 4 Non-contracted rating since February 1, 2014 Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

Back-up

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

5) Back-up Corporation Highlights Q1 2018


Sales
Increase of 0.1% to
€11,012.7
mn (PY:
€10,999.9
mn); organic sales up 4.3%

EBITDA
Decrease of 5.1% to
€1,555.0 mn (PY:
€1,638.5 mn)

EBIT
Decrease of 10.2% to
€1,019.2 mn (PY:
€1,135.1 mn);
Adj. EBIT1
(9.7% adj. EBIT1
decrease to
€1,058.9
mn
margin);
PPA2
effect
-€42.2 mn; consolidation
effects
€8.1 mn;
total special effects
-€5.6 mn

NIAT3
Decrease of 1.6% to
€737.6 mn (PY:
€749.6 mn)

EPS3
EPS of
€3.69 (PY:
€3.75);
EPS before PPA2
€3.90 before PPA2
€3.84 (PY:
)

Capex
Capex decreased to
€459.4 mn (PY:
€502.7 mn);
capex
ratio 4.2% of sales;
to depreciation coverage 0.9x (0.9x ex PPA2
capex
)

R&D
(net)
Expenses increased by 8.6% to
€848.0 mn (PY:
€780.7 mn);
R&D ratio 7.7% of sales (PY: 7.1%)

Cash flow
Operating cash flow down by
€230.2 mn to
€634.1 mn; free cash flow
€40.9 mn

Net indebtedness
Net indebtedness down by
€63.8 mn to
€1,983.8
mn
vs. FY 2017;
Liquidity and undrawn credit lines amounted to
€5,887.7 mn

Pension and similar obligation
Long-term provisions for pension and similar obligations amounted to
€4,111.1 mn (PY:
€4,092.8 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

Overview of Volume Development

Units (YOY change) Q1/16 H1/16 9M/16 FY 16 Q1/17 H1/17 9M/17 FY 17 Q1/18
Market data for PC and LT production
Europe 2% 6% 3% 3% 6% 1% 2% 3% 0%
North America 4% 3% 2% 2% 2% -1% -4% -4% -3%
Europe and North America combined 3% 4% 3% 3% 4% 0% -1% 0% -1%
Worldwide 2% 3% 3% 4% 6% 3% 3% 2% -1%
Continental
Organic sales growth Automotive Group 5% 11% 9% 9% 9% 6%
Electronic Brake Systems (EBS) 0% 4% 6% 6% 13% 10% 9% 9% 3%
Boosters -3% -3% 4% 1% 3% 3% 4% 6% 6%
EPB-Systems 38% 48% 51% 48% 47% 39% 35% 33% 25%
Advanced driver assistance systems (ADAS) 51% 45% 38% 36% 40% 40% 41% 41% 37%
Engine electronic control units (ECUs) -2% 3% 6% 8% 12% 9% 7% 7% 2%
Injectors -5% -5% 2% 7% 19% 17% 15% 11% 8%
Transmission control units (TCUs) -1% -1% 1% 1% -2% -3% -5% -4% -2%
Turbochargers 23% 24% 18% 17% 45% 44% 50% 56% 50%
Market data tires
PC and LT replacement tires Europe 2% 2% 2% 2% 6% 2% 2% 3% -1%
PC and LT replacement tires North America 5% 2% 2% 2% 2% 1% -1% 0% -2%
Commercial vehicle tires OE Europe 6% 5% 3% 3% 9% 6% 7% 10% 6%
Commercial vehicle tires OE North America -12% -9% -16% -13% -8% -1% 10% 8% 20%
Commercial vehicle replacement tires Europe 2% 3% 3% 3% 11% 6% 6% 4% 0%
Commercial vehicle replacement tires North America 4% 3% 3% 2% 12% -1% 4% 4% 4%
Continental
Organic sales growth Rubber Group 4% 7% 5% 6% 6% 2%
PC and LT tires 9% 8% 6% 6% 5% 2% 2% 3% -3%
Commercial vehicle tires 7% 8% 4% 4% 15% 10% 8% 5% -5%
ContiTech organic sales growth 3% 2% 2% 2% 8% 7% 8% 8% 5%

Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

Key Historical Credit Metrics

(€ mn)1 2014 2015 2016 2017 LTM
Statement of Cash Flows
Adjusted EBITDA2 5,318 6,094 6,125 6,701 6,631
Reported EBITDA 5,134 6,001 6,057 6,679 6,595
Net cash interest paid -158 -174 -112 -105 -85
Tax paid -775 -1,015 -1,047 -1,122 -1,052
3
Change in net working capital
-207 -107 -210 -484 -628
4
Other
175 210 250 253 161
Cash flow arising from operating activities 4,168 4,916 4,938 5,221 4,990
Cash flow arising from investing activities -2,153 -3,472 -3,167 -3,468 -3,330
- thereof acquisitions -129 -1,257 -516 -596 -511
- thereof capex in PPE and intangibles -2,110 -2,265 -2,708 -2,951 -2,891
Cash flow before financing activities 2,015 1,444 1,771 1,753 1,661
Cash flow before acquisitions 2,144 2,701 2,288 2,349 2,171
Statement of Financial Position
Cash and cash equivalents 3,244 1,622 2,107 1,882 2,289
Derivative instruments and interest-bearing investments 364 81 48 161 184
Total indebtedness 6,432 5,245 4,952 4,090 4,456
Net indebtedness 2,824 3,542 2,798 2,048 1,984
Credit Ratios
Net indebtedness / adjusted EBITDA2 0.5x 0.6x 0.5x 0.3x 0.3x
Net cash interest paid coverage (ratio)5 33.7x 35.1x 54.8x 63.6x 77.8x

1 Amounts shown may contain rounding differences

2 Adjusted EBITDA as defined in syndicated loan

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

4 Includes dividends received, income from equity-accounted and other investments, incl. impairment and reversal of items as well as changes in employee benefits and other provisions and in other assets and liabilities

5 Adjusted EBITDA to net cash interest paid

Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

Capex, Depreciation and Earnings per Share Breakdown for Q1 2018

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

Automotive Group Financials – Chassis & Safety

2,202 2,497 2,511 13.8% 13.5% 14.2% 9.6% 10.1% 2016 2017 2018 Sales (mn €) EBITDA margin Adj. EBIT margin Chassis & Safety Q1 2018 1 Before amortization of intangibles from PPA, consolidation and special effects. › Sales increased by 6.0% before consolidation and FX effects › EBITDA increased by €19.9 mn to €356.8 mn (+5.9%) › Adj. EBIT1 increased by €14.0 mn to €252.9 mn (adj. EBIT1 margin 10.1%) › EBIT increased by €14.0 mn to €252.9 mn (EBIT margin 10.1%) › PPA effect in Q1 2018: €0.0 mn › No special effects in Q1 2018 1

Refer to Fact Sheets for further details

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

Automotive Group Financials – Powertrain

  • consolidation and FX effects
  • › EBITDA decreased by €6.6 mn to €207.3 mn (-3.1%)
  • › Adj. EBIT1 decreased by €13.4 mn to €107.7 mn (adj. EBIT1 margin 5.5%)
  • › EBIT decreased by €17.7 mn to €99.4 mn (EBIT margin 5.1%)
  • › PPA effect in Q1 2018: -€2.9 mn
  • › Special effects in Q1 2018: -€5.4 mn

1 Before amortization of intangibles from PPA, consolidation and special effects. Refer to Fact Sheets for further details

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

Automotive Group Financials – Interior

  • consolidation and FX effects
  • › EBITDA increased by €9.8 mn to €283.4 mn (+3.6%)
  • › Adj. EBIT1 increased by €4.8 mn to €202.1 mn (adj. EBIT1 margin 8.4%)
  • › EBIT decreased by €1.2 mn to €184.5 mn (EBIT margin 7.7%)
  • › PPA effect in Q1 2018: -€12.6 mn
  • › Special effects in Q1 2018: -€0.2 mn

1 Before amortization of intangibles from PPA, consolidation and special effects. Refer to Fact Sheets for further details

Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

Rubber Group Financials – Tires

  • consolidation and FX effects
  • › EBITDA decreased by €105.5 mn to €545.8 mn (-16.2%)
  • › Adj. EBIT1 decreased by €96.2 mn to €400.2 mn (adj. EBIT1 margin 15.2%)
  • › EBIT decreased by €109.6 mn to €395.5 mn (EBIT margin 15.0%)
  • › PPA effect in Q1 2018: -€4.5 mn
  • › Special effects in Q1 2018: €0.0 mn

1 Before amortization of intangibles from PPA, consolidation and special effects. Refer to Fact Sheets for further details

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

Tires – Demand for Passenger Car and Light Truck Tires

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

Tires – Demand for Commercial Vehicle Tires

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

Replacement Tire Demand for

Rubber Group Financials – ContiTech

  • ContiTech Q1 2018 › Sales increased by 5.1% before consolidation and FX effects
  • › EBITDA increased by €4.6 mn to €195.9 mn (+2.4%)
  • › Adj. EBIT1 decreased by €8.0 mn to €131.0 mn (adj. EBIT1 margin 8.6%)
  • › EBIT increased by €4.8 mn to €121.9 mn (EBIT margin 7.6%)
  • › PPA effect in Q1 2018: -€22.2 mn
  • › No special effects in Q1 2018

1 Before amortization of intangibles from PPA, consolidation and special effects. Refer to Fact Sheets for further details

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

Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

2016 – Q1 2018 Fact Sheets

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

5) Fact Sheets Sales by Quarter

Sales (€ mn) 2016 2017 2018
Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year
Chassis & Safety 2,201.8 2,246.2 2,176.8 2,352.8 8,977.6 2,497.4 2,437.8 2,307.8 2,524.8 9,767.8 2,511.2
Powertrain 1,813.5 1,841.5 1,775.4 1,889.1 7,319.5 2,003.1 1,947.2 1,810.5 1,900.1 7,660.9 1,945.6
Interior 2,023.0 2,099.8 2,041.2 2,160.7 8,324.7 2,293.9 2,318.4 2,269.0 2,423.9 9,305.2 2,401.7
Tires 2,512.7 2,692.7 2,708.7 2,803.3 10,717.4 2,756.3 2,815.7 2,815.4 2,938.4 11,325.8 2,635.5
ContiTech 1,359.1 1,376.6 1,350.5 1,376.3 5,462.5 1,521.4 1,587.5 1,568.3 1,569.2 6,246.4 1,601.7
Other / Consolidation -59.4 -65.8 -68.8 -58.2 -252.2 -72.2 -73.6 -78.3 -72.5 -296.6 -83.0
Continental Corporation 9,850.7 10,191.0 9,983.8 10,524.0 40,549.5 10,999.9 11,033.0 10,692.7 11,283.9 44,009.5 11,012.7
Changes Y-o-Y in % 2017 2018
Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year
Chassis & Safety 13.4 8.5 6.0 7.3 8.8 0.6
Powertrain 10.5 5.7 2.0 0.6 4.7 -2.9
Interior 13.4 10.4 11.2 12.2 11.8 4.7
Tires 9.7 4.6 3.9 4.8 5.7 -4.4
ContiTech 11.9 15.3 16.1 14.0 14.4 5.3

Continental Corporation 11.7 8.3 7.1 7.2 8.5 0.1

Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

5) Fact Sheets EBITDA by Quarter

2016 2017 2018
EBITDA (€ mn) Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year
Chassis & Safety 302.8 312.0 -14.4 354.2 954.6 336.9 326.9 300.3 337.5 1,301.6 356.8
Powertrain 158.8 201.8 175.5 220.1 756.2 213.9 214.4 187.4 239.1 854.8 207.3
Interior 237.4 252.2 132.5 282.1 904.2 273.6 288.1 287.0 291.3 1,140.0 283.4
Tires 658.1 773.4 658.0 739.2 2,828.7 651.3 674.8 661.7 760.9 2,748.7 545.8
ContiTech 176.1 197.2 163.5 194.1 730.9 191.3 175.6 184.0 200.0 750.9 195.9
Other / Consolidation -27.7 -23.5 -37.7 -28.3 -117.2 -28.5 -27.4 -38.2 -23.0 -117.1 -34.2
Continental Corporation 1,505.5 1,713.1 1,077.4 1,761.4 6,057.4 1,638.5 1,652.4 1,582.2 1,805.8 6,678.9 1,555.0
2016 2017 2018
EBITDA margin in % Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year
Chassis & Safety 13.8 13.9 -0.7 15.1 10.6 13.5 13.4 13.0 13.4 13.3 14.2
Powertrain 8.8 11.0 9.9 11.7 10.3 10.7 11.0 10.4 12.6 11.2 10.7
Interior 11.7 12.0 6.5 13.1 10.9 11.9 12.4 12.6 12.0 12.3 11.8
Tires 26.2 28.7 24.3 26.4 26.4 23.6 24.0 23.5 25.9 24.3 20.7
ContiTech 13.0 14.3 12.1 14.1 13.4 12.6 11.1 11.7 12.7 12.0 12.2
Continental Corporation 15.3 16.8 10.8 16.7 14.9 14.9 15.0 14.8 16.0 15.2 14.1
Changes Y-o-Y in % 2017 2018
Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4
Chassis & Safety 11.3 4.8 2,185.4 -4.7 36.4 5.9
Powertrain 34.7 6.2 6.8 8.6 13.0 -3.1
Interior 15.2 14.2 116.6 3.3 26.1 3.6
Tires -1.0 -12.7 0.6 2.9 -2.8 -16.2
ContiTech 8.6 -11.0 12.5 3.0 2.7 2.4
Continental Corporation 8.8 -3.5 46.9 2.5 10.3 -5.1

Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

5) Fact Sheets EBIT by Quarter

2016 2017 2018
EBIT (€ mn) Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year
Chassis & Safety 213.2 220.3 -107.4 254.7 580.8 238.9 227.4 200.0 231.4 897.7 252.9
Powertrain 66.5 108.8 80.3 122.4 378.0 117.1 114.1 83.1 125.6 439.9 99.4
Interior 160.1 172.9 51.3 183.5 567.8 185.7 196.3 168.5 198.7 749.2 184.5
Tires 530.0 645.4 522.3 591.7 2,289.4 505.1 526.9 515.0 604.3 2,151.3 395.5
ContiTech 98.7 126.7 88.0 85.8 399.2 117.1 95.4 109.5 120.2 442.2 121.9
Other / Consolidation -27.8 -24.5 -38.2 -28.9 -119.4 -28.8 -27.8 -38.6 -23.6 -118.8 -35.0
Continental Corporation 1,040.7 1,249.6 596.3 1,209.2 4,095.8 1,135.1 1,132.3 1,037.5 1,256.6 4,561.5 1,019.2
2016 2017 2018
EBIT margin in % Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year
Chassis & Safety 9.7 9.8 -4.9 10.8 6.5 9.6 9.3 8.7 9.2 9.2 10.1
Powertrain 3.7 5.9 4.5 6.5 5.2 5.8 5.9 4.6 6.6 5.7 5.1
Interior 7.9 8.2 2.5 8.5 6.8 8.1 8.5 7.4 8.2 8.1 7.7
Tires 21.1 24.0 19.3 21.1 21.4 18.3 18.7 18.3 20.6 19.0 15.0
ContiTech 7.3 9.2 6.5 6.2 7.3 7.7 6.0 7.0 7.7 7.1 7.6
Continental Corporation 10.6 12.3 6.0 11.5 10.1 10.3 10.3 9.7 11.1 10.4 9.3
Changes Y-o-Y in % 2017 2018
Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4
Chassis & Safety 12.1 3.2 286.2 -9.1 54.6 5.9
Powertrain 76.1 4.9 3.5 2.6 16.4 -15.1
Interior 16.0 13.5 228.5 8.3 31.9 -0.6
Tires -4.7 -18.4 -1.4 2.1 -6.0 -21.7
ContiTech 18.6 -24.7 24.4 40.1 10.8 4.1
Continental Corporation 9.1 -9.4 74.0 3.9 11.4 -10.2

Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

5) Fact Sheets Adjusted EBIT1 by Quarter

2017 2018
Adj. EBIT ¹ (€ mn) Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4
Chassis & Safety 238.9 252.9
Powertrain 121.1 107.7
Interior 197.3 202.1
Tires 496.4 400.2
ContiTech 139.0 131.0
Other / Consolidation -28.8 -35.0
Continental Corporation 1,163.9 1,058.9
2017 2018
Adj. EBIT ¹ margin in % Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4
Chassis & Safety 9.6 10.1
Powertrain 6.0 5.5
Interior 8.6 8.4
Tires 18.0 15.2
ContiTech 9.2 8.6
Continental Corporation 10.6 9.7
2018
Changes Y-o-Y in % Q1 Q2 Q3 Q4
Chassis & Safety 5.9
Powertrain -11.1
Interior 2.4
Tires -19.4
ContiTech -5.8
Continental Corporation -9.0
1
Before
amortization of intangibles from PPA, consolidation
and special
effects

Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

Consolidated Statement of Income

2018 2017 2016
(€ mn) Q1 Q1 Q1
Sales 11,012.7 10,999.9 9,850.7
Cost of sales -8,221.8 -8,135.2 -7,249.6
Gross margin on sales 2,790.9 2,864.7 2,601.1
Research and development expenses 1 -1,026.5 -780.7 -716.1
Selling and logistics expenses -608.2 -600.5 -548.0
Administrative expenses -287.1 -297.8 -243.7
Other expenses and income 1 134.9 -64.4 -69.0
Income from equity-accounted investees 15.1 13.8 16.4
Other income from investments 0.1
Earnings before interest and tax 1,019.2 1,135.1 1,040.7
Interest income 22.0 23.4 24.8
Interest expense -70.3 -107.0 -58.6
Financial result -48.3 -83.6 -33.8
Earnings before tax 970.9 1,051.5 1,006.9
Income tax expense -219.4 -287.0 -255.8
Net income 751.5 764.5 751.1
Non-controlling interests -13.9 -14.9 -17.2
Net income attributable to the shareholders of the parent 737.6 749.6 733.9
Basic earnings per share (in €) 3.69 3.75 3.67
Diluted earnings per share (in €) 3.69 3.75 3.67

1 Due to the application of the modified retrospective approach during first time adoption of IFRS 9, Financial Instruments, and IFRS 15, Revenues from Contracts with Customers, as at January 1, 2018, all the figures from comparative periods are shown unadjusted.

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

Consolidated Statement of Financial Position – Assets

Assets in € millions March 31, 2018 Dec. 31, 2017 March 31, 2017
Goodwill 6,967.8 7,010.1 6,977.1
Other intangible assets 1,522.8 1,607.3 1,620.5
Property, plant and equipment 11,152.1 11,202.1 10,766.8
Investment property 10.5 10.5 10.3
Investments in equity-accounted investees 428.9 414.8 382.8
Other investments 179.4 51.0 44.0
Deferred tax assets 1,529.2 1,517.2 1,819.5
Defined benefit assets 14.7 16.0 36.8
Long-term contract assets n. a. n. a.
Long-term derivative instruments and interest-bearing investments 40.6 113.3 17.3
Long-term other financial assets 69.4 68.8 68.0
Long-term other assets 26.9 27.3 27.1
Non-current assets 21,942.3 22,038.4 21,770.2
Inventories 4,367.0 4,128.2 4,116.5
Trade accounts receivable 8,294.8 7,669.3 8,351.9
Short-term contract assets 35.3 n. a. n. a.
Short-term other financial assets1 324.3 297.0 254.4
Short-term other assets1 1,269.2 1,186.8 1,333.3
Income tax receivables 177.3 178.2 145.8
Short-term derivative instruments and interest-bearing investments 143.4 47.6 42.0
Cash and cash equivalents 2,288.6 1,881.5 1,895.7
Assets held for sale 2.0 13.5 2.0
Current assets 16,901.9 15,402.1 16,141.6
Total assets 38,844.2 37,440.5 37,911.8

1 From the 2018 reporting year, the presentation of financial assets is made more transparent by reclassifying deferred costs from the sale of customer tooling from short-term other financial assets to short-term other assets among these items of the statement of financial position. The figures from the comparative periods have been adjusted accordingly.

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

Consolidated Statement of Financial Position – Total Equity and Liabilities

Equity and liabilities in € millions March 31, 2018 Dec. 31, 2017 March 31, 2017
Subscribed capital 512.0 512.0 512.0
Capital reserves 4,155.6 4,155.6 4,155.6
Retained earnings 14,437.7 13,669.3 12,284.3
Other comprehensive income -2,552.0 -2,508.5 -1,700.6
Equity attributable to the shareholders of the parent 16,553.3 15,828.4 15,251.3
Non-controlling interests 458.1 461.9 471.1
Total equity 17,011.4 16,290.3 15,722.4
Long-term employee benefits 4,410.4 4,394.1 4,356.1
Deferred tax liabilities 352.3 348.5 444.7
Long-term provisions for other risks and obligations 133.5 139.6 205.5
Long-term indebtedness 1,459.7 2,017.8 2,783.2
Long-term other financial liabilities 35.5 36.1 106.2
Long-term contract liabilities 11.3 n. a. n. a.
Long-term other liabilities 16.6 25.4 16.0
Non-current liabilities 6,419.3 6,961.5 7,911.7
Short-term employee benefits 1,745.0 1,490.6 1,596.1
Trade accounts payable 6,757.0 6,798.5 6,760.1
Short-term contract liabilities 1,002.1 n. a. n. a.
Income tax payables 934.7 889.7 829.0
Short-term provisions for other risks and obligations 919.4 943.0 1,198.2
Short-term indebtedness 2,996.7 2,072.2 1,939.4
Short-term other financial liabilities 345.9 1,276.8 1,111.0
Short-term other liabilities 712.7 717.9 843.9
Current liabilities 15,413.5 14,188.7 14,277.7
Total equity and liabilities 38,844.2 37,440.5 37,911.8

Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

Consolidated Statement of Cash Flows

In € millions 2018 2017
Net income 751.5 764.5
Income tax expense 219.4 287.0
Financial result 48.3 83.6
EBIT 1,019.2 1,135.1
Interest paid -28.2 -47.6
Interest received 7.6 6.8
Income tax paid -190.3 -260.3
Dividends received 15.2 10.2
Depreciation, amortization, impairment and reversal of impairment losses 535.8 503.4
Income from equity-accounted investees and other investments, incl. impairment and reversal of impairment losses -15.2 -13.8
Gains/losses from the disposal of assets, companies and business operations -6.7 -18.1
Changes in
inventories -254.3 -248.6
trade accounts receivable -540.5 -879.5
trade accounts payable -29.5 448.4
employee benefits and other provisions 272.1 338.5
other assets and liabilities -151.1 -110.2
Cash flow arising from operating activities 634.1 864.3
Cash flow from the disposal of property, plant and equipment, and intangible assets 24.9 13.4
Capital expenditure on property, plant and equipment, and software -459.4 -502.7
Capital expenditure on intangible assets from development projects and miscellaneous -13.7 -30.3
Cash flow from the disposal of companies and business operations 0.0 19.1
Acquisition of companies and business operations -145.0 -230.8
1
Cash flow arising from investing activities
1
-593.2 -731.3
Cash flow before financing activities (free cash flow) 40.9 133.0
Change in indebtedness 387.7 -361.7
Successive purchases -2.6 -0.6
Dividends paid to and cash changes from equity transactions with non-controlling interests -6.4 -0.4
Cash and cash equivalents arising from first-time consolidation of subsidiaries 0.6
Cash flow arising from financing activities 378.7 -362.1
Change in cash and cash equivalents 419.6 -229.1
Cash and cash equivalents at the beginning of the reporting period 1,881.5 2,107.0
Effect of exchange-rate changes on cash and cash equivalents -12.5 17.8
Cash and cash equivalents at the end of the reporting period 2,288.6 1,895.7

Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

Q1 2018 Results Reported and Adjusted (€ mn) – by Division

Chassis & Safety
Powertrain
Interior Tires ContiTech Cons./Corr. Corporation
2017 2018 2017 2018 2017 2018 2017 2018 2017 2018 2017 2018 2017 2018
Sales 2,497.4 2,511.2 2,003.1 1,945.6 2,293.9 2,401.7 2,756.3 2,635.5 1,521.4 1,601.7 -72.2 -83.0 10,999.9 11,012.7
EBIT
in % of sales
238.9
9.6%
252.9
10.1%
117.1
5.8%
99.4
5.1%
185.7
8.1%
184.5
7.7%
505.1
18.3%
395.5
15.0%
117.1
7.7%
121.9
7.6%
-28.8 -35.0 10.3% 1,135.1 1,019.2
9.3%
Amortization of intangible assets from PPA 0.0 0.0 3.0 2.9 11.6 12.6 4.8 4.5 21.8 22.2 0.0 0.0 41.2 42.2
Total special effects 0.0 0.0 1.0 5.4 0.0 0.2 -13.5 0.0 0.1 0.0 0.0 0.0 -12.4 5.6
Total consolidation effects 0.0 0.0 0.0 0.0 0.0 4.8 0.0 0.2 0.0 -13.1 0.0 0.0 0.0 -8.1
Total consolidation and special effects 0.0 0.0 1.0 5.4 0.0 5.0 -13.5 0.2 0.1 -13.1 0.0 0.0 -12.4 -2.5
Adjusted operating result (adj. EBIT) 1
in % of adjusted sales
238.9
9.6%
252.9
10.1%
121.1
6.0%
107.7
5.5%
197.3
8.6%
202.1
8.4%
496.4
18.0%
400.2
15.2%
139.0
9.2%
131.0
8.6%
-28.8 -35.0 10.6% 1,163.9 1,058.9
9.7%

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

Roadshow Presentation – May/June 2018

EDMR - Equity and Debt Market Relations

Q1 2018 Results Reported and Adjusted (€ mn) – by Group

Automotive
2017
2018
Rubber
2017
2018
Cons./Corr.
2017
2018 Corporation
2017
2018
Sales 6,754.0 6,813.9 4,260.4 4,212.2 -14.5 -13.4 10,999.9 11,012.7
EBIT
in % of sales
541.7
8.0%
536.8
7.9%
622.2
14.6%
517.4
12.3%
-28.8 -35.0 1,135.1
10.3%
1,019.2
9.3%
Amortization of intangible assets from PPA 14.6 15.5 26.6 26.7 0.0 0.0 41.2 42.2
Total special effects 1.0 5.6 -13.4 0.0 0.0 0.0 -12.4 5.6
Total consolidation effects 0.0 4.8 0.0 -12.9 0.0 0.0 0.0 -8.1
Total consolidation and special effects 1.0 10.4 -13.4 -12.9 0.0 0.0 -12.4 -2.5
Adjusted operating result (adj. EBIT) 1
in % of adjusted sales
557.3
8.3%
562.7
8.3%
635.4
14.9%
531.2
12.9%
-28.8 -35.0 1,163.9
10.6%
1,058.9
9.7%

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

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

Continental's Credit Rating

1 Contracted rating since May 19, 2000. 2 Non-contracted rating since February 1, 2014. 3 Contracted rating since November 7, 2013.

Roadshow Presentation – May/June 2018 EDMR - Equity and Debt Market Relations

References Useful Links

Continental Investor Relations website www.continental-ir.com
Annual and interim reports www.continental-corporation.com/en/investors/reports
2017 Fact Book (Investor presentation) www.continental-corporation.com/en/investors/reports
Investor Relations
events and presentations
www.continental-corporation.com/en/investors/events/presentations
Sustainability at Continental
(presentations for investors)
www.continental-corporation.com/en/sustainability/downloads
Corporate Social Responsibility www.continental-sustainability.com
Corporate Governance Principles www.continental-corporation.com/en/company/corporate-governance/principles-and-declarations
Continental shares www.continental-corporation.com/en/investors/share
Continental bonds and rating www.continental-corporation.com/en/investors/debt-and-rating
Continental IR on Twitter www.twitter.com/Continental_IR

Roadshow Presentation – May/June 2018

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