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Published by Grupo Antolin, a multinational at the cutting edge of design and production of components for car interiors for the automobile industry · EDIT Grupo Antolin · Communication & Public Affairs · Carretera Madrid-Irún, km. 244,8 · E 09007 - BURGOS - SPAIN · Tel. +34 947 47 77 00 · [email protected] · DESIGN Germán Delgado · [email protected] · PHOTOS Grupo Antolin, Miguel Jelliss, Susana Santamaría, Rafa Sáiz & agencias. PRINTED Coiman · C/ Marqués de Portugalete, 16 · E 28027 MADRID · SPAIN · Tel. 34 91 742 12 03 · [email protected] · This publication is available for employees on the GA intranet and corporate website · D. Legal: M-18595-2006 forma GRUPO ANTOLIN www.grupoantolin.com forma GRUPO ANTOLIN Nº 76 - May 2016 · ANNUAL CONVENTION 2016 · ANNUAL CONVENTION 2016 · ANNUAL CONVENTION 2016 · ANNUAL CONVENTION 2016 · GRUPO ANTOLIN EXPANDS ITS INDUSTRIAL PRESENCE IN AMERICA AND CHINA KPMG FINANCIAL IMPACT THE TOTAL ECONOMIC CONTRIBUTION OF GRUPO ANTOLIN IN SPAIN IS EQUIVALENT TO ONE IN A THOUSAND EUROS The strong growth experienced by Grupo Antolin in recent years has led to it having a significant "pull" effect on the economies and societies of Castile and Leon and Spain. PAGE 11 José Antolin Toledano, Honorary President of Grupo Antolin, has been recognized in the third edition of the Kingdom of Spain Business Career Awards. The award will be presented to him shortly by King Felipe VI. PAGE 18 JOSÉ ANTOLÍN KINGDOM OF SPAIN BUSINESS CAREER AWARD Grupo Antolin plans to make the largest investments in its history in 2016 Grupo Antolin plans to increase its investment in 2016 to €340 million, which represents the largest investment effort in the history of the company and a 97% increase compared to the figure for 2015. PAGE 9 The Annual Convention brought together around 300 EXECUTIVES who shared their vision of Grupo Antolin's evolution and future challenges PAGES 2-10 GENEVA MOTOR SHOW Bugatti Chiron PAGE 23 "We must know how to incorporate the best of other cultures without forgetting what has made us strong" PAGES 13-15 INTERVIEW ERNESTO ANTOLÍN Grupo Antolin opens a new plant in Tlaxcala, Mexico. This new opening has been a huge challenge for the company and shows the Group’s bet for one of the main automotive markets in the world. Furthermore, on April 12, Grupo Antolin opened a new plant to manufacture headliners and door panels for Renault, PSA, Nissan, Infiniti and Honda. PAGE 16

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Page 1: 300 GRUPO ANTOLIN · PDF filePublished by Grupo Antolin, ... employees on the GA intranet and corporate website · D. Legal: M-18595-2006 GRUPO ANTOLIN ... This Grupo Antolin philosophy

Published by Grupo Antolin, a multinational at the cutting edge of design and production of components for car interiors for the automobile industry · EDIT Grupo Antolin · Communication & Public Affairs · Carretera Madrid-Irún, km. 244,8 · E 09007 - BURGOS - SPAIN · Tel. +34 947 47 77 00 · [email protected] · DESIGN Germán Delgado · [email protected] · PHOTOS Grupo Antolin, Miguel Jelliss, Susana Santamaría, Rafa Sáiz & agencias. PRINTED Coiman · C/ Marqués de Portugalete, 16 · E 28027 MADRID · SPAIN · Tel. 34 91 742 12 03 · [email protected] · This publication is available for employees on the GA intranet and corporate website · D. Legal: M-18595-2006forma

GRUPO ANTOLIN

www.grupoantolin.com

formaGRUPO ANTOLIN

Nº 76 - May 2016

· ANNUAL CONVENTION 2016 · ANNUAL CONVENTION 2016 · ANNUAL CONVENTION 2016 · ANNUAL CONVENTION 2016 · ANNUAL CONVENTION 2016 ·

GRUPO ANTOLIN EXPANDS ITS INDUSTRIAL PRESENCE IN AMERICA AND CHINA

KPMG FINANCIAL IMPACT

THE TOTAL ECONOMIC CONTRIBUTION OF GRUPO ANTOLIN IN SPAIN IS EQUIVALENT TO ONE IN A THOUSAND EUROSThe strong growth experienced by Grupo Antolin in recent years has led to it having a significant "pull" effect on the economies and societies of Castile and Leon and Spain. page 11

José Antolin Toledano, Honorary President of Grupo Antolin, has been recognized in the third edition of the Kingdom of Spain Business Career Awards. The award will be presented to him shortly by King Felipe VI. page 18

JOSÉ ANTOLÍN KINGDOM OF SPAIN BUSINESS CAREER AWARD

Grupo Antolin plans to make the largest investments in its history in 2016Grupo Antolin plans to increase its investment in 2016 to €340 million, which represents the largest investment effort in the history of the company and a 97% increase compared to the figure for 2015. page 9

The Annual Convention brought together around 300 EXECUTIVES who shared their vision of Grupo Antolin's

evolution and future challenges

pages 2-10

GENEVA MOTOR SHOW

Bugatti Chiron page 23

"We must know how to incorporate the best of other cultures without

forgetting what has made us strong"

pages 13-15

INTERVIEW

ERNESTO ANTOLÍN

Grupo Antolin opens a new plant in Tlaxcala, Mexico. This new opening has been a huge challenge for the company and shows the Group’s bet for one of the main automotive markets in the world. Furthermore, on April 12, Grupo Antolin opened a new plant to manufacture headliners and door panels for Renault, PSA, Nissan, Infiniti and Honda. page 16

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GRUPO ANTOLIN IN ONE WORDGRUPO ANTOLIN IN ONE WORDGRUPO ANTOLIN EN UNA PALABRA GRUPO ANTOLIN IN ONE WORD

2 grupoantolinINFORMA may 2016ANNUAL CONVENTION & RECOGNITION ACT

“GRUPO ANTOLIN, a team made of humility and persevering people, who had achieved goals that seemed imposible”Ernesto Antolín Grupo Antolin Chairman

Passion

Javier BlancoCORPORATE HUMAN RESOURCES

DIRECTOR

Eargeness

Pablo RuizCORPORATE LEGAL

DIRECTOR

Courage

Miguel Ángel VicenteCHIEF FINANCIAL

OFFICER

Innovation

Javier VillacampaCORPORATE INNOVATION

DIRECTOR

Exciting

Luis VegaCHIEF FINANCIAL

OFFICER

Colaboration

Jesús Pascual CHIEF EXECUTIVE OFFICER

Family

María HelenaVICECHAIRMAN

Perseverance

Ernesto AntolínCHAIRMAN

Page 3: 300 GRUPO ANTOLIN · PDF filePublished by Grupo Antolin, ... employees on the GA intranet and corporate website · D. Legal: M-18595-2006 GRUPO ANTOLIN ... This Grupo Antolin philosophy

GRUPO ANTOLIN IN ONE WORD GRUPO ANTOLIN IN ONE WORD GRUPO ANTOLIN IN ONE WORD

grupoantolinINFORMA 32016 may ANNUAL CONVENTION & RECOGNITION ACT

ANNUAL CONVENTION 2016

THE ANNUAL CONVENTION BROUGHT TOGETHER AROUND 300 EXECUTIVES WHO SHARED THEIR VISION OF GRUPO ANTOLIN'S EVOLUTION AND FUTURE CHALLENGES

Around 300 executives came together on March 17 at Grupo Antolin’s annual convention, held at the Human Evolution Museum in Burgos and presented by the journalist Susana Roza. The attendees, who came from 24 different countries, had the opportunity to meet each other and throughout the day discussed the evolution of the company, the integration of Magna Interiors and the main challenges for the future.

During the day, the company's CEO, Jesús Pascual, its vice-chairman, María Helena Antolín and its chairman, Er-nesto Antolín, had the chance to convey to those present

the Group's current situation and its vision for the future. During the event, Grupo Antolin’s honorary chairman, José Antolín, and the company's chairman, Ernesto Antolín, pre-sented the award for the best company in 2015.

The mountain climber, Edurne Pasabán, the first woman to climb the world's 14 highest peaks, also gave a talk to Grupo Antolin’s directors about the importance of effort, perse-verance and innovation for achieving great goals.The event was closed by Ernesto Antolín who predicted a promising future for Grupo Antolin. ▪

Venture

Miguel MarañónCORPORATE INNOVATION

DIRECTOR

Belonging

Juan Carlos GonzálezCORPORATE INDUSTRIAL

DIRECTOR

Leadership

Fernando SanzOVERHEAD & SOFT TRIM

BU DIRECTOR

Eargeness

Miguel Ángel PradoCOCKPITS & CONSOLES

BU DIRECTOR

Impetus

Peter MurphyLIGHTING

BU DIRECTOR

Commitment Commitment

Jorge JuárezASIA-PACIFIC

REGIONAL DIRECTOR

People

Pablo BarojaNAFTA

REGIONAL DIRECTOR

Pedro SantestebanDOORS & HARD TRIM

BU DIRECTOR

Focus

Pablo GarcíaSOUTH AMERICA

REGIONAL DIRECTOR

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"Management of cash, innovation, quality and personnel, the priorities for Grupo Antolin for 2016"

"2016 will be the year of integration, with new challenges, products and launches"Grupo Antolin envisages a 2016 full of important challeng-es, new products and more than 50 launches. For Jesús Pascual, CEO of the company, 2016 will be the year of in-tegration, a year in which the Group reaffirms its leading position in the manufacture of interiors, not only in terms of turnover, but also in terms of quality and innovation.

During his speech at the Annual Convention, Jesús Pascual highlighted the acquisition of Magna Interiors last August and extended a special welcome to the new colleagues. It is, "undoubtedly the most important project that we have ever faced as a Group, in terms of its financial scale and its impact on products", he added.

This operation, which has positioned the company as the market's third global interior supplier, involves a major integration challenge which, if successfully over-come, will allow Grupo Antolin to guarantee the sus-tainability of the business.

The incorporation of Magna means the union of two companies with two very different cultures, but "we must turn this difference into an opportunity and not a problem", outlined Jesús Pascual.

The CEO highlighted the effort being made by the com-pany's employees in recent months, marked by meet-ings and exchanges where there has been an attempt to respond to the many 'whys' and 'hows'.

The key lies in finding the best of each company in order to share it and standardize it. There is still a long way to go to achieve this goal, unifying working methods, in-direct processes, computer systems, etc., but he added that "we are taking the right steps". ▪

4 grupoantolinINFORMA may 2016ANNUAL CONVENTION & RECOGNITION ACT

JESÚS PASCUAL

Jesús Pascual was given the honor of opening this event which was attended by more than 280 executives from the company and he took the opportunity to outline the important issues in 2015 and explain the objectives for the new year. The CEO highlighted the good results recorded by Grupo Antolin in the last financial year, although he insisted on the need to contin-ue working to improve the competitiveness of the company.

During his speech, Jesús Pascual said that among his priorities for 2016 are the importance of controlling liquidity, since this is what underpins the growth and investment of any company.In this area, he underlined that Grupo Antolin is going to make all the investments necessary, the most important in its histo-ry, to continue having the best technology and offering a good service to its customers.

In any case, investment must be carried out responsibly, or in other words, the business units must be flexible so that the

machinery is located where it is needed, even if this means moving it. This Grupo Antolin philosophy must be taken on by the new company as a whole: "what counts is the overall re-sult, not the individual one", added Jesús Pascual. In addition, all of the managers in the company must be as attentive as possible to the need to release cash to guarantee our future.

Another of the key issues for the CEO is innovation, the very or-igin of Grupo Antolin. One indication of the company’s focus on this area is that it has doubled the budget for this in 2016.The existence of more resources will also require more demanding management of time and deadlines "Time to market is increas-ingly important since customers want ideas but above all they want to know when they will be ready" said Jesús Pascual.

Quality must be present in each step that Grupo Antolin takes. With 2016 promising to bring a large number of new projects, "we cannot allow ourselves any errors". As a result, one prior-ity must be the implementation in all the plants of the three tools that need to form part of the management of any facto-ry (red table, 5S and Kamishibai). "We need to be competitive and have productive factories. For this, it is vital for the quality indicators of the customers to be green".

The last part of the speech was dedicated to the staff, a fun-damental element of a company that now has 28,000 em-ployees. Occupational health and safety, diversity, the growth and promotion of our teams and sustainability will mark the future of this company, concluded Pascual. "We must lead, motivate and show our gratitude for the effort made each day by the 28,000 people making up Grupo Antolin". ▪

Grupo Antolin is generating the results it needs to meet its medium and long-term commitments and continue generating value. However, "there are some aspects that must not be overlooked. In 2016 we must pay spe-cial attention to the management of cash, the improvement of innovation and quality and our personnel" said Jesús Pascual, CEO of the company, during his speech to the Annual Convention held in Burgos on 17 March.

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grupoantolinINFORMA 52016 may ANNUAL CONVENTION & RECOGNITION ACT

ERNESTO ANTOLÍN

"To continue writing the best chapters of our history we all need each other"

This was the main conclusion expressed by the Group's Chairman, Ernesto Antolín, at the Annu-al Convention held on March 17 and attended by more than 280 of the company's executives.

Ernesto Antolín was responsible for closing the event and did so by providing an optimistic vi-sion of the company’s future. After a historic 2015, marked by important changes to a company that has managed to double in size and increase the number of countries in which it operates to 26, one of the greatest challenges for the future is the integration of Magna Interiors and he extended a special welcome to its executives.

With this operation the Group has become one of the three leading suppliers of interiors in the world, a position that will require an enormous effort to maintain.

In an increasingly fierce market going through a process of consolidation, the manufacturers need increasingly competitive suppliers who they can trust: "we can make the same claim that we al-ways have: we are a stable family company with a clear growth plan that focuses on the long-term. In other words, we are not going to leave our cus-tomers high and dry at any time".

For this, the company must work to build solid relationships for the future that allow us to gen-erate regular business with the customers, stated Ernesto Antolín.

The training of a solid team that is able to stan-dardize processes is therefore one of Grupo An-tolin’s main priorities for 2016 and represents a major challenge given its size, with more than 28,000 employees.

In this regard, the president alluded to the situa-tion experienced in recent months, during which many employees were forced to pay less attention to their routine tasks in order to focus on the proj-ect after the acquisition of Magna Interiors divi-sion. Teamwork enabled this gap to be covered and the company to come out much stronger.

Ernesto Antolín said that the company will pro-cess the changes it must face in a natural way and innovation will be the valve for adapting to a world that is changing more quickly every day.

The president also expects to see a much stronger and much more diverse Group that will remain flexible in order to deal with complex situations and offer responses that meet the specific needs of each customer.

"We must work to build a Grupo Antolin which has a culture that means our employees wear the company's shirt with pride, wherever they are", concluded Ernesto Antolín. ▪

"The best chapters are yet to be written, but none of us can do it alone. We need each other and for that you can count on our full support"

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6 grupoantolinINFORMA may 2016ANNUAL CONVENTION & RECOGNITION ACT

MARÍA HELENA ANTOLÍN

"There are no innovative companies, just companies who are in a position to innovate" María Helena took advantage of this opportunity to highlight

the importance of continuous improvement as one of the characteristics that makes a difference for Grupo Antolin.

"Every day it becomes clearer that there are no innovative companies, just companies who are in a position to innovate". Continuous improvement is one of the company's great ad-vantages and an example of how Grupo Antolin falls into that second group. We have internalized improvement as part of the company's culture and we maintain it each day, with great adaptability, stability and a better response to the challenges generated, noted the Vice Chairman.

During her speech, María Helena emphasized innovation as an essential element in ensuring the future of a company, an aspect which the president and CEO of Grupo Antolin also mentioned.

As a multinational company operating in 26 different countries and with more than 28,000 employees, it is facing big chal-lenges, so innovation is something that is cross-cutting and must have an impact on all parts of that large company.

Continuous improvement is therefore vital in ensuring that Grupo Antolin can maintain all the conditions necessary for innovation, as it has done so far. However, faced with a future full of changes and obstacles, it is crucial to be even more com-mitted to continuous improvement, said the Vice Chairman.

In this regard, María Helena alluded to the need for all of the Group's employees to increase their involvement in the cre-ation of improvement groups, the generation of individual or group improvement initiatives and the development of best practices.

"If we can do this, I have no doubt that we will be a stronger company, able to meet the needs of the market and anticipate the demands of our customers", she concluded.

María Helena Antolín was responsible for one of the most im-portant moments during the Convention, given the excite-ment involved for many employees, the handing out of awards.

Yet again, this year Grupo Antolin wanted to recognize the improvement work carried out in many of its factories, so this award is in recognition of continuous improvement and high-lights the importance of rigor in problem solving which allows standards to be improved.

The awards also represent support for the company's diversi-ty, taking into account that the award winners this year have been selected from a total of 79 proposals, from the almost 5,000 that are in the system, 30 Improvement Groups and 30 Best Practices presented for recognition by 48 companies.

María Helena Antolín highlighted the satisfaction gained from seeing how each year the number of proposals increases and the list of companies receiving an award grows, figures that will continue to grow as next year they will involve the compa-nies acquired from Magna. ▪

During the Annual Convention, María Helena Antolín, Vice Chairman of the Group, handed out the awards for the employees of the year. Also present were José Antolín and Ernesto Antolín, Honorary president and Chairman, who presented the award for best company in 2015 which this year, as a special case, was received by two companies: Grupo Anto-lin-Aragusa and Grupo Antolin-Eurotrim.

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grupoantolinINFORMA 72016 may ANNUAL CONVENTION & RECOGNITION ACT

“We have learned that in order to improve you must change”Luis de RománManager of Grupo Antolin-Eurotrim

Why do you do think you have received this recognition?

I think it is recognition for the work done and the results obtained by the GA-Eurotrim team who were supported at all times by the different areas of the Overhead Systems Business Unit.

Working together we have achieved very significant improvements in costs, productivity, quality, PS, and OHS. The new projects have been launched suc-cessfully. We have supported other fac-tories across the world. And all of this has allowed us to be very economically efficient, maintaining a high satisfac-tion level among our customers.

What are the main improvements over the past year?

During 2015 we have successfully imple-mented WM (Warehouse Management) in all our warehouses, which has allowed us to better control the materials (raw materials and end product) and this is

reflected in a clear reduction in prob-lems with materials. We have worked consistently to improve the health and safety of our employees, adapting the existing machinery to the most demand-ing regulations, working on ergonomics and standardizing, via Kamishibai, the Health and Safety protocols.

This has allowed us to improve the acci-dent rates, obtain the OSHAS certifica-tion and offer the employees of GA-Eu-rotrim a safer working environment.

We have successfully implemented the automatic recording of production data on-line and control of the productive resources through Blade, in order to obtain real time information about the incidents that occur (breakdowns, mi-cro-stoppages, etc.) and the effective-ness of each line.

Annual recognitions are now a tradition for the company. Do you think that continuous improvement has really had an impact on the company?

Of course. We have learned that in order to improve you must change. This pro-cess of continuous change, seeking to improve what we do and who we are, is an essential characteristic of everyone working at Grupo Antolin. We are good at our jobs and we know that we can be even better, but only if we continue with this process of searching and changing.

Define Grupo Antolin in just one word

Passionate. ▪

“To seek the excellence is in the DNA of this company”Amando Delgado Manager of Grupo Antolin-Aragusa

Why do you do think you have received this recognition?

It is recognition for the hard work over recent years, the professionalism of the Grupo Antolin-Aragusa team and the identification with Grupo Antolin’s values: creativity, leadership, commit-ment, customer focus and knowledge management.

What are the main improvements over the past year?

In a factory every day you can find something to improve and these lit-tle things together make a difference. Over the past year we have worked on the different areas to achieve the objec-tives. We have improved the facilities, Grupo Antolin bought the plant, we have added 4 injectors, launched 6 new projects and optimized the production processes with that of Captur (through which by making the assembly at the site of the injector on 3 machines and in 18 shifts we are able to manufacture 6,000 cars per week). We have im-plemented the special weekend shift

during which more than 40 people work. In the warehouse area we are in the process of implementing the dy-namic board, a comprehensive logistics and production management system which gives us greater flexibility and better use of the space available. We have built a 1,000 m2 high-bay ware-house which has significantly reduced our logistics costs and has allowed us to improve the overall appearance of our facilities, giving them a fresher image. However, the most important thing is that we have managed to satis-fy all of our customers by generating a production capacity of 4,500 cars each day, which means that more than 50% of the cars built in Spain contain a part manufactured at GA-Aragusa.

Annual recognitions are now a tradition for the company. Do you think that continuous improvement has really had an impact on the company?

Of course it has. Those of us who have spent many years in the Group have seen the evolution of our business and understand how important it is to suc-cessfully adapt to this changing, highly competitive market with its extremely demanding customers. This has been possible thanks to the desire to go fur-ther than promised and to seek the ex-cellence and innovation that is in the DNA of this company.

Define Grupo Antolin in just one word

Commitment. ▪

RECOGNITION ACT

GRUPO ANTOLIN-EUROTRIMThe award was presented by ERNESTO ANTOLÍN

Luis de Román - Manager of Grupo Antolin-Eurotrim

GRUPO ANTOLIN-ARAGUSAThe award was presented by JOSÉ ANTOLÍN

Amando Delgado - Manager of Grupo Antolin-Aragusa

Like every year, for 21 years, in this act we recognize our employees commitment to Grupo Antolin project and their participation in a Continuous Improvement

BEST COMPANY

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8 grupoantolinINFORMA may 2016ANNUAL CONVENTION & RECOGNITION ACT

Optimization of the sunvisors process

1st Prize GA-SILAOFrom left to right: Abraham Ulises Ramírez - Process Engineer

Gabriel Olay - Production CoordinatorThe award was presented by PABLO BAROJA

Samuel Lujano - UET Leader

Automatic control to secure the correct contact of the bulb

2nd Prize GA-BESANÇONThe award was presented by MIGUEL ÁNGEL PRADO

Baptiste Coppola - Industrial Technician, ProcessCollected on his behalf, Youssef Khattabi

Development and implementation of standard stillage for Headliners

1st Prize GA-INGENIERIA OVERHEADS BU - GA-LEAMINGTONFrom left to right: Francisco Mata - Industrial Technician, GA Ingenieria

Diego Luis Güemes - Project Engineer UK clients, GA IngenieriaThe award was presented by FERNANDO SANZIgnacio Fuertes - Ingenieria, GA Leamington

Luis María Espinosa - Project Engineer UK clients, GA Ingenieria

Process capacity improvement on lighting module

2nd Prize GA-SIBIUFrom left to right: Daniel Ciucur - Asembly Manager

The award was presented by PETER MURPHYLiviu Marian - Continuous Improvement Engineer

Armrest tool design

3rd Prize GA-MARTORELLThe award was presented by MIGUEL MARAÑÓN

Isabel Montserrat Cano - Multiskilling Employee, Production

Rails Warehouse "Spider"

1st Prize GA-TLAXCALAIgnacio Bengoechea - Manager of GA-TLAXCALA

The award was presented by JESÚS PASCUAL

Methodology on the operator selection and training process

3rd Prize GA-VIGOJosé Luis Antolín - Manager of GA-VIGO

The award was presented by JAVIER BLANCO

Direct sequencing of pannels with AGV's(Automatic Guided Vehicle)

2nd Prize GA-RyACarlos Cano - Manager of GA-RyA

The award was presented by MIGUEL ÁNGEL VICENTE

Total Productive Maintenance (TPM) Workshop

3rd Prize TRIMTECFrom left to right: Raphael Vial - Director Industrial Trimtec

The award was presented by PEDRO SANTESTEBANPaula Veit - SP Coordinator

IMPROVEMENT PROPOSALS IMPROVEMENT TEAMS

BEST PRACTICES

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grupoantolinINFORMA 92016 may ANNUAL CONVENTION & RECOGNITION ACT

Grupo Antolin plans to increase its investment in 2016 to €340 million, which represents the largest investment effort in the history of the company and a 97% increase compared to the figure for 2015.

FINANCIAL DATA

2015Sales

€3,506.23million

EBITDA

€388.17million

EBIT

€265.82million

GRUPO ANTOLIN PLANS TO MAKETHE LARGEST INVESTMENTS IN THE HISTORY IN 2016

INVESTMENT (tangible and intangible)in million euros

2013 2014 2015

200

150

100

50

0

+24.13%

+19.13%

CONSOLIDATED SALES in million euros

4,000

3,000

2,000

1,000

0

2013 2014 2015

+6.75%

+57.55%

These investments will be aimed at opening a new center so that it can respond to future orders, improving infrastructures, and optimizing its pro-cesses. Grupo Antolin will also make a significant effort in the field of innova-tion, one of the main competitive ad-vantages of the company.

This investment will be possible thanks to the strong results achieved by Grupo Antolin in 2015 as a result of customer confidence and its sig-nificant effort to guarantee competi-tiveness. The company ended the year with sales of €3.506 billion, which represents a 58% increase compared to the previous year.

The figures, presented on April 20, in-clude the sales turnover of the interi-ors division of Magna for the first time, dating back to September 1, the date on which the purchase was finalized. Excluding sales from this new division, growth would have been 21.1%.

The company is therefore approaching 2016 as a year in which it has decided to redouble its efforts to equip itself with the most advanced technological resources and there-fore offer a service of the highest quality to its customers.

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10 grupoantolinINFORMA may 2016

Region

EUROPA REVENUES €2,004 MILLIONEMPLOYEES 14,446FACTORIES 90

Region

MERCOSUR REVENUES €60 MILLIONEMPLOYEES 935FACTORIES 6

Region

NAFTA REVENUES €1,173 MILLIONEMPLOYEES 7,517FACTORIES 26

Region

ASIA PACÍFICO REVENUES €245 MILLIONEMPLOYEES 4,576FACTORIES 34

ANNUAL CONVENTION & RECOGNITION ACT

THE GROUP CLOSED 2015 WITH SALES OF €3,506 MILLION AND A WORKFORCE OF

AROUND 28,000 EMPLOYEES

“We have always focused on having the best

technical and human resources so that we can

offer answers adapted to the needs of new

customers and we are going to continue to do so”

Ernesto Antolín

Chairman of Grupo Antolin

WORKFORCE EVOLUTIONConsolidated average workforce

SALES DISTRIBUTION BY TERRITORY IN 2015

DISTRIBUTION OF SALES BY CLIENT 2015

SPAIN 15.3%

SPAIN 13.9%

REST OF EUROPE 41.9%

FORD MOTOR CO. 16.5%

VOLKSWAGEN GROUP 16.3%

RENAULT-NISSAN 11.7%

FIAT-CHRYSLER 13.1%

PSA PEUGEOT CITROËN 7.0%

DAIMLER 7.4%

HYUNDAI-KIA 2.9%

GENERAL MOTORS 5.1%

TATA GROUP 6.1%

BMW GROUP 6.1%OTHERS* 4.4%

JAPANESE CLIENTS 3.3% (TOYOTA, HONDA & MITSUBISHI)

* VOLVO, INDIAN MANUFACTURERS, VARIOUS AND ASSOCIATED COMPANIES

REST OF EUROPE 43.2%

NORTH AMERICA 23.4%

NORTH AMERICA 33.5%

SOUTH AMERICA 4.2%

SOUTH AMERICA 1.7%

ASIA-PACIFIC 10.5%

ASIA-PACIFIC 7.0%

AFRICA 4.8%

AFRICA 0.7%

By business unit, in 2015 the company maintained its global leadership in its overhead systems unit, where sales grew 24% compared to the previous year. The doors unit, for its part, in-creased its turnover by 21%, followed by lighting and seats with growth of 15% and 5% respectively.

In terms of regions, we can see the first effects on geographical diversi-ty of the integration of the Interiors division. In this regard, the company recorded significant increases in sales in NAFTA (+75%), Asia/Pacific (+70%) and Europe (+52%), while in Mercosur Grupo Antolin felt the effects of the downturn in the automotive sector and its sales fell 20%.

In 2015, EBITDA for the company rose to €388 million and EBIT to €265 million, representing an increase of 45% and 52% respectively.

The Group's financial strength means that in 2015 it established itself as one of Spain's leading industrial companies. Sales in that country increased by 22%, representing 13.9% of the company's to-tal. A reflection of the important role played by the Group in the Spanish in-dustrial sector is its supplying technology to the majority of vehicles produced in Spain, which has allowed it to be pres-ent in the ten best-selling vehicles in the country.

Grupo Antolin closed 2015 with a work-force in Spain of more than 3,500 em-ployees, an increase of 15.8% compared to the previous year. This growth and the impact generated throughout the entire value chain means that Grupo Antolin generates around 3% of the employment of the components sector in Spain. ▪

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FINANCIAL CONTRIBUTION OF GRUPO ANTOLIN TO SPAIN IN 2015

grupoantolinINFORMA 112016 may REPORT

*Spanish gross domestic productKPMG Source

Chart based on the Input-Output Tables and according to figures published by the Spanish National Statistics Institute and Grupo Antolin.

The strong growth experienced by Grupo Antolin in recent years has led to it having a significant "pull" effect on the economies and societies of Castile and Leon and Spain.

Consumption of the Grupo Antolin's employees73,321,092€

Tax contribution 35,206,347€

Purchasing direct impact378,594,512€

Purchasing indirect impact234,763,033€

Purchasing induced impact388,989,590€

In this context, it should be noted that the financial contri-bution of Grupo Antolin to the domestic economy amounts to €1.1 billion, which means that the company is responsi-ble for 1 of every 1,000 euros generated in Spain. This figure corresponds to 2% of the GDP of Castile and Leon and 12% of

that of Burgos. Over the last three years the company has improved its competitive position in the domestic market thanks to some strong growth rates. The turnover of the Grupo Antolin companies in Spain grew at a compound an-nual rate of 9.8%, which is 5.7% above the figure for the com-ponents industry.

This strong growth has served as a stimulus for the whole of the Spanish economy. The Group's contribution to the econ-omy, in terms of Gross Value Added (GVA), grew by 33.2% in cumulative terms between 2012 and 2015. This figure is 31.6% higher than the growth rate of the GVA for the industry in Spain and 29.5% above Spanish GDP.

Two factors have played a key role in this growth and these also explain its success in taking its business beyond the borders of its region and country of origin: the commitment to innovation and the culture of focusing on and serving the customer.

TOTAL 1,110,874,574 €

12% of GDP* of BURGOS

2.0% of GDP* of CASTILLA & LEÓN

0.1%of GDP* of SPAIN

Grupo Antolin generates one of every five industrial jobs in Burgos

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12 grupoantolinINFORMA may 2016

82% of Grupo Antolin contribution to the public

coffers is generated in Castile and Leon

THE TOTAL FINANCIAL CONTRIBUTION OF GRUPO ANTOLIN IN SPAIN IS EQUIVALENT 1 OF EVERY €1,000

This growth has also had a significant impact on the entire val-ue chain working with the company. So, purchases from sup-pliers in Castile and Leon grew by 55% between 2012 and 2015, collaboration which has allowed many of these local suppliers to internationalize their operations. In this way, purchases originating in Castile and Leon and with international destina-tions grew by 58% in this period.

Grupo Antolin’s commitment to its region of origin is also ev-ident through its contribution to the public coffers, as 82% of this contribution is carried out in Castile and Leon.

The total contribution was €32.5 million and, in terms of the di-rect contribution in Burgos, Grupo Antolin is also the company that makes the largest payment of local taxes both in absolute terms (€2.3 million) and in relative terms (0.6% of sales).

The growth of Grupo Antolin and its commitment to the region has also been reflected in a strong job creation rate over the last four years, well above the industrial sector (+17%). As a re-sult of this, the Group's employment in Spain grew by 15.8% in 2015, reaching 3,500 employees. Moreover, in Burgos this fig-ure grew by 10%, reaching 2,283.

All of this is strong evidence of the company's importance as a generator of employment. Specifically, the employment gen-erated corresponds to 8% of employment in Burgos, with a strong influence over the industrial sector, accounting for 20% of the industrial jobs in the city.

It is also worth highlighting the multiplier effect of Grupo An-tolin on economic activity, reflected in the indirect and induced employment generated by the organization. So, for every direct job generated, the effect of its activity over the supply chain creates 2.1 more jobs in Castile and Leon and 3.2 more in Spain taken as a whole. ▪

EMPLOYMENT GENERATED BY GRUPO ANTOLIN THROUGH ITS SUPPLY CHAIN

8% of EMPLOYMENT in BURGOS

1.4% of EMPLOYMENT in CASTILLA & LEÓN

0.1%of EMPLOYMENT in SPAIN

20% of INDUSTRIAL

EMPLOYMENT in BURGOS

5% of INDUSTRIAL

EMPLOYMENT in CASTILLA & LEÓN

3%of INDUSTRIAL EMPLOYMENT

in the COMPONENTS INDUSTRY

0.3%of INDUSTRIAL

EMPLOYMENT in SPAIN

8,691EMPLOYMENT IN SPAIN

Chart based on the Input-Output Tables and according to figures published by the Spanish National Statistics Institute and Grupo Antolin.

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CHAIRMAN OF GRUPO ANTOLIN

Ernesto Antolín (Burgos, 1964) became Chairman of Grupo Antolin a little over a year ago, in February 2015, with the challenge of positioning Grupo Antolin among the main suppliers of interiors, as was declared a couple of years ago. In the last twelve months, Grupo Antolin has taken a very significant step forward, following the acquisition of Magna Interiors, and has become the world's third largest producer of vehicle interiors, with a turnover exceeding €4 billion annually and a workforce of more than 28,000 people. Today Grupo Antolin faces the future with ambition, states Ernesto Antolín, but without ever losing sight of the hallmarks that has made the company one of the industry leaders internationally.

Ernesto Antolín"We must

know how to incorporate the

best of other cultures without forgetting what

has made us strong"

grupoantolinINFORMA 132016 may INTERVIEW

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14 grupoantolinINFORMA may 2016

How do you view your time so far as Chairman of Grupo Antolin?

The truth is that it has been a tre-mendous year, in which we have gone a very long way toward posi-tioning ourselves at the head of the manufacturers of vehicle interiors internationally. In April 2015 we an-nounced the acquisition of Magna Interiors and today we can say that we were right to do so. It is true that there is still a lot of work to do, but we are already seeing the benefits of the addition of Magna, both from a commercial viewpoint and from the point of view of a lot of talent join-ing the company. For Grupo Antolin, the acquisition of Magna Interiors will undoubtedly represent a historic milestone.

You have just mentioned that there is still a lot of work to be done. What are the key factors involved in becoming a single team?

In effect, the biggest challenge ahead of us now is to complete the integra-tion of Magna Interiors. Although a great effort has been made, we are still not operating as a single company: there are processes, systems, etc. that are in the process of being migrated. The sooner we manage to unify them,

“THE NEW GRUPO ANTOLIN MUST WITHOUT DOUBT MAINTAIN THE ESSENCE THAT HAS BROUGHT US THIS FAR, BUT ALSO

INCORPORATE EVERYTHING ABOUT MAGNA INTERIORS THAT ADDS VALUE”

What would you say to the employ-ees who have become part of Grupo Antolin following this purchase?

Basically, that they are very import-ant to us. Anyone who works at Gru-po Antolin should know that ahead of them is a professional career full of opportunities, wherever they come from. We must enrich ourselves with people who want to form part of this great team and who can provide us with fresh ideas. At Grupo Antolin we will always leave the door open to tal-ent and commitment.

I would like to use this interview to thank all Grupo Antolin employees across the world for the effort they are making, as these processes are not always simple. This includes both those who are joining from Magna and those who already formed part of Grupo Antolin.

What do the customers think about the acquisition of Magna Interiors?

The truth is that this has been some of the best news we have had. Be-fore the official announcement we sounded out our main customers and the feedback was very positive. They understand that this project is based on the very firm commitment of a family-based group, which has a long-term industrial vision and which also has a proven track record of offering the best solutions and the best service.

We already know that in this industry, size and the ability to grow with our customers are key factors. It is some-thing that we have always done and now with Magna Interiors we have more possibilities and more power to keep growing. And our customers are recognizing that.

the better it will be for everyone and the earlier we can enjoy all the advantages of this acquisition.

A process of this nature allows us to adopt the best practices of each company in or-der to become stronger. If we know that something works and provides results, we will standardize it and roll it out. What really matters is that the whole is greater than the sum of its parts, which is what will give meaning to this operation and make us stronger.

A specific example is the staff that we have incorporated. They are a perfect complement to the excellent team that we already had. Now we must take full advantage.

Moreover, the most important thing is for the integration to not affect the daily running of the company. We must ensure that the customers do not suffer as a re-sult of that process.

My feeling is that this process will be fully completed significantly quicker than we expected prior to purchasing Magna Interiors.

“Today Grupo Antolin can

manufacture the entire interior of

vehicles and this opens up a world

of commercial opportunities

that we must take advantage of”

"Integration will be over when we operate

as one company"

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ON A PERSONAL NOTEWhere were you born? I was born in Burgos.

What did you study?I have a degree in Law from the University of Burgos and later I took a postgraduate course at Boston University.

When did your professional career start? I have spent all my professional life at Grupo Antolin where, since I was very young, I have worked in different jobs that have allowed me to gain an overview of the company and have given me the opportunity to travel around the world and learn several languages.

How do you spend your time away from Grupo Antolin? I like sport and films, but above all I like spending time enjoying the countryside.

An idol from the business world. I would say those who have preceded me in this position and the CEOs with whom I have been lucky enough to work. I have learned from them and continue to do so every day.

What do you value most about the people who work for you? Honesty.

A phrase that reflects your philosophy of life? "With perseverance and effort anything is possible".

Can you imagine working outside the automobile sector? No. Grupo Antolín is my most important project and it is a sector that I am passionate about.

What excites you most about the world of cars?I believe it is one of the most competitive sectors in the world, where innovation plays an essential role.

How long have you been driving for?Forever.

The best driving tip Safety.

What car would you like to drive? An Aston Martin DB10, James Bond's car.

grupoantolinINFORMA 152016 may

Are you beginning to reap the com-mercial rewards of being a larger company?

Yes, the situation is as I have just men-tioned. The integration has not put the brake on our commercial activ-ity, but rather the opposite: we have already won significant orders for the newly acquired business.

Moreover, customers recognize that we have also strengthened some of our more classic business units and we can see how they are responding. Today Grupo Antolin can manufac-ture the entire interior of vehicles and this opens up a world of commercial opportunities that we must take ad-vantage of.

You have referred to the shareholders’ commitment to the company, how far does that commitment go?

It is total. It is our most important project and one that we deliver on dai-ly. We are convinced that the company created by our parents has a promising future and that much of our success lies in not losing the roots and essence of the founders' spirit.

This is a company based on entrepre-neurship, on hard work, on commit-ment, on daring, and on something else which is essential: innovation. Grupo Antolin came about due to in-novation and since then innovation has formed part of our DNA.

The Group's funding structure was renewed just under a year ago. What is the company's situation from a financial perspective?

Grupo Antolin has always had a very prudent policy from a financial perspective and our figures demon-strate this. The purchase of the Mag-na interiors division has increased our debt ratio, but we expect to re-turn to our normal levels over the next two years.

The good news is that we have a very solid financial structure. In fact, the Magna operation was supported by the bond markets and by our regular banks who showed their confidence in us. We also took the opportunity to lower our financial costs.

What are the biggest challenges given the company's new situation?

In the short-term, this is very clear: we must complete the entire inte-gration process so that we can op-erate as a single company as soon as possible. However, it is very import-ant to go beyond formal integration and make the most of the two differ-ent business cultures.

We must demonstrate to our custom-ers, once again, that we are the per-fect partner to accompany them on their journey. The new Grupo Antolin must without doubt maintain the essence that has brought us this far, but also incorporate everything about Magna Interiors that adds value.

How do you think the next few years will go for Grupo Antolin?

I would like to think it will become a larger company playing a greater role in our sector. To achieve this I have no doubt that we will have to be more in-ternational and diverse, which means knowing how to incorporate the best of other cultures, but without forget-ting our roots and what has made us strong.

In this process, innovation must play an essential role because it will be the valve for adjusting to a constantly changing world. All of this will have to be based on teamwork. We have some magnificent professionals and now more than ever we must be aware that we can go much further when we work together. ▪

“This is a company based on entrepreneurship, on hard work, on commitment, on daring…”

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TLAXCALA HAS THE LATEST TECHNOLOGIES REQUIRED TO MANUFACTURE ITS PRODUCTS AND CAN MAKE UP TO 4,000 DOOR VARIATIONS. THIS FACTORY

IS DESIGNED TO MEET DEMAND FOR 170,000 VEHICLES PER YEAR. IN ORDER TO REACH THIS FIGURE, THE NEW FACTORY IN TLAXCALA WILL BE

ABLE TO PRODUCE ONE OVERHEAD SYSTEM AND FOUR DOORS EVERY TWO MINUTES.

16 grupoantolinINFORMA may 2016PLANTS

The company has invested around €35 million ($37.6 million) in this new center equipped with the latest technology required for the manufacture of its prod-ucts. The new plant is situated in Huamantla (Tlaxcala, Mexico), will employ 300 people and produce headlin-ers, doors, pillars, and seatbacks for the new Audi Q5 which is to be built in San José Chiapa.

Tlaxcala is Grupo Antolin’s eighth facility in Mexico in addition to two commercial technical offices employ-ing more than 4,000 people. This investment steps up

its commitment to the country where the company has been operating for 20 years.

The opening of the plant was attended by the Gover-nor of Tlaxcala, Mariano González Zarur; Spain's am-bassador in Mexico, Luis Fernández-Cid de las Alas Pumariño; and the Mayor of Tlaxcala, José Alejandro Aguilar, who accompanied company Chairman Ernes-to Antolin and senior Grupo Antolin executives during the opening and tour of the plant. In addition there was also a strong presence of Audi and Volkswagen members.

 

Grupo Antolin has opened its eighth factory in Mexico as a further addition to its manufacturing facilities in one of the most promising markets in the auto-motive sector. The opening was a major personnel and logistical challenge for the company and shows the Group’s commitment to one of the world’s leading automotive markets.

“The country has laid the foundations to become a

benchmark in the sector worldwide”Ernesto Antolín

Chairman of Grupo Antolin

Grupo Antolin consolidates its position in one of the major automotive markets

New plant in Tlaxcala (Mexico)

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HERMOSILLO

SALTILLO

DERRAMADERO

ARTEAGA

SILAO

TOLUCA

PUEBLA

TLAXCALA

MEXICO, SEVENTH WORLD PRODUCER

Today Mexico is the world’s seventh largest pro-ducer of vehicles at 3.5 million units in 2015, with forecasts pointing to 4.7 million in 2018.

The importance of the automotive sector in the Mexican economy is growing day by day. At pres-ent it accounts for 9.3% of the country’s manufac-turing GDP, 9.8% of foreign direct investment and 15.5% of total exports.

It is also the fourth largest market for Grupo Anto-lin which tripled its turnover in the country in 2015 following the acquisition of Magna Interiors. As a result the company sought to take a step further in its industrial consolidation in a country that is #4 in the world ranking of exporters and the lead-ing supplier of vehicles to the US.

The State of Tlaxcala is undergoing industrial ex-pansion with more than 35 new companies set-ting up in its three industrial cities.

HUGE CORPORATE EFFORT

The opening of this factory has been a huge lo-gistical challenge for the company, which has allocated a large number of material and human resources to it. A team was set up of profession-als from Mexico, the Czech Republic, Spain, and Germany who worked together to move the proj-ect forward. In fact, the project began in Europe and, once validated, moved to Mexico. Over 120

containers were used to carry all the materials re-quired. Shipping took three months.

There has also been extensive training. Nearly 50 people traveled to a number of European cities (Bur-gos, Valladolid, Munich, and Turnov) to receive the training they needed to cope with the project. ▪

grupoantolinINFORMA 172016 may

“We are all aware of the enormous responsibility involved in this project, so we have made a great effort in terms of material and human resources to put in place one of our most technological facilities and thus adequately cater for the needs of a customer as important as Audi”Ernesto Antolín Chairman of Grupo Antolin

VISIT AROUND CHINESE PLANTS

From April 11th to 15th, Vice Chairman of GA, María Helena Antolín

visited GA China accompanied by Jorge

Juárez, Director of Asia Pacific Region. Ernesto Antolín joined them in

Wuhan for opening and the visit to Suzhou Antolin

and Changshu JV. They were impressed by the technology of Suzhou

Antolin and satisfied with GA corporate image everywhere after Magna acquisition. Afterwards,

they went to Beijing to meet Spanish ambassador talking about the business

development between China and Spain.

The last 12 of April, Grupo Antolin inaugurated a new plant in Wuhan, China, that has the employment of 125 people and will produce headliners, sunvisors and interior hard trims for Re-nault, Nissan, Infiniti and Honda.

This new project of the company has been created with Dong-feng Visteon to provide to customers (mainly DF Renault and DPCA) products with high quality to fulfill their satisfaction.

The company has invested more than €11 million to create the plant with outstanding manufacturing efficiency, product qua-lity, safety and environmental performance. ▪

The opening was attended by Director of Dongfeng Technology strategy and planning department, Miao Mingzheng; Yanfeng Asia Pacific

President, Yuan Xinhua; Spanish Economic & commercial councel in Beijing, Javier Serra; Manager of Wuhan high technology investment

management company and the director of the service center, Song Jun; director of GA Asia Pacific, Jorge Juárez, accompanied the

Chairman of the company, Ernesto Antolín and Vice chairman of the company, María Helena Antolín, throughout the opening ceremony.

New plant in Wuhan (China)

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18 grupoantolinINFORMA may 2016

Mª Helena Antolín is new President of SERNAUTOOn April 11, the Board of SERNAUTO, the Spanish Association of Automotive Equipment and Component Manufacturers, unan-imously elected María Helena Antolín as the new President of the Association. SERNAUTO represents an industry consisting of more than 1,000 companies that supply components to the 17 vehicle manufacturing plants located in Spain.

The SERNAUTO Board believes that María Helena Antolín is the ideal candidate to play a very important role in representing the automotive sector, one of the main driving forces of economic activity in our country. SERNAUTO says that María Helena An-tolín, Vice Chairman of the company, will play “an extremely im-portant role” when representing the automobile industry.

The Board also endorsed Eduardo González (CONTINENTAL), Emilio Varela (FICOSA), and Miguel López-Quesada (GESTAMP) as Vice-Presidents. Juan María Palencia from MONDRAGON AUTOMOCIÓN will continue in the post of treasurer. ▪

José Antolín, Kingdom of Spain Business Career AwardTHE AWARD WILL BE PRESENTED TO HIM SHORTLY BY KING FELIPE VI

José Antolin Toledano, Honorary President of Grupo Antolin, has been recognized in the third edition of the Kingdom of Spain Business Career Awards.

On May 5, the President of the Judging Panel, Marceli-no Oreja Aguirre, announced the decision accom-panied by representatives of the three participating entities, among whom was Javier Vega de Seoane, President of Círculo de Empresarios. He was also ac-companied by the remaining members of the Judging Panel, all leading members of Spanish civil society.

He was also accompanied by the remaining mem-bers of the Judging Panel, all leading members of Spanish civil society, who are the following: Tom Burns Marañón (Essayist and journalist), Adela Cortina (Professor of Ethics, Director of the ET-NOR Foundation), Antonio Garrigues (Honorary President of Garrigues), Carmen Iglesias, Count-ess of Gisbert (Academic and Director of the Roy-al Academy of History), Emilio Lamo de Espinosa

(Professor of Sociology, President of R.I. Elcano), Juan José López Burniol (Notary), Dr. Rafael Mate-sanz (Director of the National Transplant Organi-zation), and Javier Senent García (President of the Spanish Red Cross).

This award is designed to recognize the career and the example for future generations of an important per-son from the business world who has done import-ant work for Spain in terms of generating employ-ment, investment and internationalization and has contributed, in short, to the progress and well-being of Spanish society as a whole. The award consists of a reproduction of a medal of merit from the time of Carlos III. The original dates back to 1764. ▪

“I have spent over 20 years in this industry and it is an honor for me to be able to help drive it forward now at SERNAUTO”

JOSÉ ANTOLÍN TOLEDANOBorn in 1936 in a small town in the municipality of Palencia, Quintana del Puente, José Antolín moved to Burgos with his family at a very young age. Along with his brother Avelino Antolín, he invented the rubber-metal ball and socket joint, a component which in its day resolved serious safety issues associated with the steering in vehicles. Avelino and José worked with their father in a mechanical workshop specializing in brakes and agricultural machinery. This modest workshop has become what is known today as Grupo Antolin, a leading multinational corporation in the development, design and manufacture of interior components for the auto industry.

From the start José Antolín has always shown enthusiasm for research into science and technology, in addition to following an innovation strategy that has allowed for the globalization of the company, making it today one of the largest suppliers in the automobile interiors industry internationally.

Now aged 80, José Antolín has handed over his role of executive President to his nephew, Ernesto Antolín, maintaining its strictly family-based shareholding structure. The award is recognition for José Antolín's career and his contribution to the progress and well-being of Spanish society.

The judging panel was made up of leading figures

from society

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grupoantolinINFORMA 192016 may

The company will invest around 30 million Euros for the manufacture of seats for the K9 vans, the next generation of vans from PSA Peugeot, Citroën and Opel. These vehicles

will be produced in the plants in Valadares and Mangualde.

NEWS IN BRIEF

Miguel Marañón, director of the Seats & Metal Business Unit at Grupo Antolin, said that to win this project, the key factor was the advances made in terms of costs and processes from an Innterconecta project in 2012 (financed by the Centre for the Development of Industrial Technology, CDTI) which involved Grupo Anto-lin Vigo, Grupo Copo, Viza Automoción, PSA-Vigo, and Mecanizados Castro.

The company is expecting to double its workforce and turnover by 2018. The number of employees will increase from 100 to 200 while turnover is expected to reach 130 million Euros a year. ▪

Grupo Antolin will manufacture THE SEATS for the K9 vans

Grupo Antolin celebrates 20 years operating in South AfricaThe company continues growing in the country with Ford Motor recently awarding the project for the sequenc-ing of the overhead systems to Grupo Antolin-South Africa's Silverton, Preto-ria factory. To mark the occasion, Ernes-to Antolín, Chairman of Grupo Antolin, along with Fernando Sanz, Director of the Overheads & Soft Trim Business Unit, visited the three plants located in the country and some clients. ▪

Ernesto Antolín and Fernando Sanz, accompanied by Uitenhage plant team. These include, Robert Van den Ordel (General Manager), Carl Andrew (Comercial Manager) and Fernando Salazar (Technical Director)

Grupo Antolin organizes a Tech Show in Maruti Suzuki IndiaOn March 2nd Grupo Antolin India con-ducted with great success a technology exhibition at Maruti Suzuki. The exhi-bition was held in New Delhi, India, in collaboration with our partner Krishna Maruti. During the journey a portfolio of diverse products was exhibited with special emphasis on instrument panels and cockpit modules, which attracted all the attention.

The visit to the exhibition of products was preceded by the welcome by our partner Ashok Kapur and two technical presentations conducted by Matthias Weitzel, director of business develop-ment and Sandesh Pawar, responsible for our CAD center of Pune. ▪

Pablo García, promotes Productivity in BrazilOn March 30, the Escola Superior de Propaganda e Market-ing (School of Higher Education in Advertising and Market-ing, ESPM) and KAIZEN Institute (a leading international Lean Manufacturing consultancy) organized a debate in São Paulo on improving productivity. Pablo García, director of the Mer-cosur region for Grupo Antolin, gave a presentation on the Lean Manufacturing approach in which he explained the key features of the company’s production system. ▪

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20 grupoantolinINFORMA may 2016

CAIP visits the HQ and GA-AragusaOn March 21st, Grupo Antolin was visited by CAIP team, partner for the Cockpit activity in the CAAI Joint Venture. Jesús Pascual, CEO of Grupo Antolin, Jorge Juárez, Director of Asia-Pacific Region, Javier Villacampa. Director Corporate of Innovation along with José Amando Delgado, Manager of GA-Aragusa were the responsible to guide the visit. CAIP team was formed by Mr. Luo President, Mrs. Wang VGM, Mr. Sun CGM along with Ms. Tao and Ms. Fan, assistants of the President.▪

Trimtec launches the "Sowing a seed" programTrimtec has created a program involving a commitment to plant a tree seed each quarter to raise awareness among peo-ple of the current importance of the environment. With this program, Trimtec aims to create a pleasant external working environment and greater contact with the environment. ▪

VIBOR-A presents new paddle tennis racquets made with grapheneOn Friday April 15 Vibor-A presented its new paddle tennis racquets at the Casino Gran Via in Madrid: King Cobra, Yarara Edition and Tapian Edition.

The King Cobra racquet was the first to include our Group’s graphene in 2015. In 2016 Granph has

evolved by improving its durability with its special quality of resistance to micro-cracks. In addition the King Cobra 2016 includes Full Tube technolo-gy which prevents annoying vibrations and gives greater consistency to its structure. A high-voltage sound precedes the speed and precision it imposes in attack. When the ball hits its surface, it highlights the racquet’s extraordinary flexibility. It has a simple and attractive look. The King Cobra 2016 model will open the gates to the kingdom of paddle tennis. ▪

NEWS IN BRIEF

The presentation was attended by César Merino, Head of Advanced Carbon Materials at Grupo

Antolín, who explained what Granph graphene brings to the racquets

We welcome MBA International studentsStudents doing the MBA International at CEU San Pablo de Cas-tilla y León Business School visited our headquarters in Burgos last April 20. Over the course of the day several Grupo Antolin executives presented the company to the attendees and spoke about its origins, identity, current status, and future prospects.

In her talk Emma Antolín, Grupo Antolin CSR Director, set out the outlines of CSR activity. Sales Strategy Director Arturo Soto then spoke about the company’s sales proposition. To conclude, GA Marketing Manager Rosalía Arribas completed the visit with a tour of the facilities: Administrative, testing, lighting, and laboratory areas, and the new showroom. ▪

Ford's Europe managers visit SaarlouisOn 14 April, the Ford of Europe Lead-ership team met in Saarlouis in order to review the current situation of the supplier park operations.

In the morning the team of 20 execu-tive managers had an internal work-shop. During the afternoon visited the most important supplier-partners in the industrial park.

During the visit at Grupo Antolin-Saar-louis, one of the main aims was to explain the nature of a headliner se-quencing operation and its challenges, such as complexity management.

On the other hand, the Ford leaders wanted to understand the current operational and commercial status of the next generation Ford Focus pro-gram which will be launched in Feb-ruary 2018. ▪

Grupo Antolin-Saarlouis plant

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Javier Blanco participates in a panel discussion about internationalization Javier Blanco, Corporate Director of HR, has taken part in a pan-el discussion about internationalization organised by the Ob-servatory of Spanish Multinational Companies (OEME), a joint initiative of ESADE, ICEX and EY (Ernst & Young).

Blanco has explained to the audience the role of HR in the cor-porate strategy and how the acquisition of Magna has changed the profile of the company. Moreover, he highlighted the im-portance of expatriates as ambassadors of the corporate cul-ture in their new countries. ▪

NEWS IN BRIEF

For the sixth year running, Grupo Antolin is supporting the FIRST LEGO LeagueOn February 20, the sixth edition of the FIRST LEGO League (FLL) took place in the Higher Polytechnic School on the Milanera campus of the Uni-versity of Burgos. This year, Grupo An-tolin wanted to take part and support innovation, creativity and excellence among young people, once again signing up to this cause. The program has an international dimension and seeks to enhance skills and discover vocations related to science, mathe-matics, engineering and technology, in order to promote a scientific and in-novation culture among children and young people. ▪

Doors & Hard Trim BU celebrates its Annual ConventionOn 15th and 16th March took place the Doors & Hard Trim BU Annual Conven-tion in Grupo Antolin HQ. Day has served to provide a broad view of strengthening unity and opinions of different business strategies for the company. ▪

Grupo Antolin selects ten young people from the JUNIOR ENGINEER PROGRAM to start working in the companyIn March, Grupo Antolin launched the new edition of the Junior Engineer Program, a course designed to prepare ten new profes-sionals and increase German skills in the organization. The Junior Engineer Program involves theoretical and practical training for young people who have recently graduated in engineering, with

little professional experience and with an advanced knowledge of German and English, an essential requirement for these training internships. Jesús Pascual, CEO of Grupo Antolin, gave a welcome speech to the Company's new employees and wished them luck in this new stage of their careers. ▪

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22 grupoantolinINFORMA may 2016AWARDS

Antolin China and Antolin Shanghai Autopart awarded by Jiading DistrictAntolin (China) Investment Co., Ltd was awarded recently by Jiading District Government for Silver prize of compre-hensive competence in Jiading modern service industry. And Antolin Shanghai Plant (ASA) was awarded at the same time by Jiading District Government as Development Potential prize in Jiading advanced manufactory industry. These two prizes are the best recognition of the company development through over 10 years since ASA was the first plant established in China, located in Jiading District. It is the best witness for the growth path and foresees the bril-liant future as well as the best wishes from local official. ▪

Fiat Chrysler Automobiles awards Antolin ArteagaFiat Chrysler Automobiles (FCA) gives Antolin Arteaga Plant a Diploma for “Partnership and Improvement Award”. This is a big event for the company because only 6 suppliers received this recognition. ▪

General Motors awards Guangzhou Antolin Lighting and NHK Antolin ThailandWith the dedicated efforts of all staff, especially the great contribution from the GM project team and strong support from the management team, Guangzhou Antolin Lighting Co., Ltd. and NHK Antolin Thailand Co., Ltd. won “General Motors Supplier Quality Excellence Award” for the 2015 award year.

Tony Francavilla, Executive Director of GM Global Supplier Quality & Develop-ment Department, said in the award notification letter: “The award is given to specific manufacturing locations and only our top performing suppliers are eli-gible to receive it. Suppliers who receive this award have met or exceeded a very stringent set of quality performance criteria and have achieved the cross-func-tional support of the entire GM organization”. ▪

GA-Vosges and GA-Lusitania nominated for the "Best PSA Plant 2016" awardGrupo Antolin-Vosges and Grupo Antolin-Lu-sitania have been nominated as candidates to receive the "Best PSA Plant 2016" award. Carlos Tavares, Chairman of the Managing Board and Yannick Bezard Executive Vice-chairman of Purchasing, have invited Grupo Antolin to take part in the “Supplier Day” in Poissy, France, being held on May 24. ▪

FM Global Europe, the world number one insurer for proper-ty damage and business interruption industrial risks, awards Antolin-Howell, GA-Valplas, GA-Jarny, Antolin Süddeutsch-land (Regenstauf), and GA-Bratislava (Nededza) for reaching the level of HPR or Highly Protected Risk. This qualification

confirms a high level of sustainability and resilience in the plant’s operations and is a key factor in assuring and enhanc-ing shareholder value. FM Global especially stands out for its strong commitment to helping its customers protect the val-ue created by their businesses. ▪

Antolin Barton and GA-Besançon receive awards from ToyotaOn March 17, Antolin Barton received the Silver Toyota Award for "Best Project Management Supplier 2015" in the Toyota Annual Business Meeting & Supplier Award Cere-mony, held in Brussels. Dylan Stanley, head of projects and development, was chosen to receive the award on behalf of Antolin Barton (Consoles).

In addition, Grupo Antolin Besançon has also won an award for its Lighting Business Unit. Edwige Rondot, the salesper-son handling the Toyota account for the Lighting Business Unit, was given the honor of receiving the award. ▪

Five Grupo Antolin plants awarded by insurance carrier FM Global Europe

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CITROËN SPACE TOURER

Citroën showed its new Space Tourer, a modern vehicle that comes from the partnership

between PSA and Toyota and will be available with three body

lengths that can carry up to nine passengers.

GRUPO ANTOLIN COMPONENTS Front and rear seat frames (Drop&Go), seat rails, door panels, sunvisors, lighting

console and connectors, auto body subassemblies (metallic

components, substructures and wheel cradle)

GENEVA MOTOR SHOW

AUDI Q2The German firm Audi presented its new Q2 where functionality takes center stage inside as its 405-liter trunk can be increased to 1,050 by folding down the rear seats.

GRUPO ANTOLIN COMPONENTS Lighting consoles and door panels

SEAT ATECASpanish manufacturer Seat launched the Ateca, its first SUV. This model sports an attractive and dynamic look and Full LED headlights stand out on its front.

GRUPO ANTOLIN COMPONENTS Instrument panel and door ambient lighting

RENAULT SCÉNIC & GRAN SCÉNICThe French carmaker presented its new Scénic. The dashboard and instrumentation are directed to the line of the driver’s eyes and include a color screen. The sunroof is optional and between the two front seats is a center console that allows the driver to customize the cabin layout.

GRUPO ANTOLIN COMPONENTS Autobody subassemblies, ambient lighting, door panels, sunvisors

MASERATI LEVANTEAt five meters long and three meters wide, the Italian brand Maserati introduced the new Levante which becomes one of the larger models in its segment. The headlights are bi-xenon and it has LED daytime run-ning and rear lights. Inside the new SUV there is some striking upholstery along with a 8.4 inch touch screen and a instrument panel similar to the Maserati Ghibli.

GRUPO ANTOLIN COMPONENTS Modular headliner, pillars, multifunc-tional lamp and trunk

ASTON MARTIN DB11The British company introduced the new Aston Martin DB11, a sleek sports coupé that has a roomier cabin and luggage compartment with greater load capacity. The seats are lighter and the instrument and control panel is simple yet luxurious and elegant.

GRUPO ANTOLIN COMPONENTS Window regulators (Magnesium)

FORD KUGA VIGNALEFord Kuga Vignale features leather uphol-stery on its seats, dashboard, door panels, and even on the floor of the trunk and on the tailgate. Meanwhile the headliner and door pillars are lined in Alcantara.

GRUPO ANTOLIN COMPONENTS Modular headliner. ▪

CITROËN SPACE TOURER HYPHEN

CONCEPT INTERIOR

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As every year the Geneva Motor Show, one of the most important events in the automotive industry in Europe, was held in March. This 86th edition was the venue chosen by many manufacturers to showcase their latest developments. The Swiss city opened its doors from March 3 to 16 to display new models, prototypes, and classic and racing cars to all visitors to the event.

REPORT

TOYOTA C-HRThe new Toyota model is a strong, almost aggressive, crossover with angular lines and highly defined wheel arches.

GRUPO ANTOLIN COMPONENTSHeadliners and sunvisors

BUGATTI CHIRONThe Bugatti Chiron packs 1,500 horsepower and maximum torque of 1,600 Nm constant from 2,000 to 6,000 rpm.

OPEL GTThe Opel GT prototype has a futuristic design featuring a front engine and rear-wheel drive.

CITROËN SPACE TOURER

MASSERATI LEVANTE