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Driving Force

Driving Force Q4 2009 Status and Outlook Oslo, 12.02.2010 Highlights Q4 Highlights 4th quarter Revenues above indications for Q4 09 (MEUR 177 vs MEUR 165) Revenues up 13 % from Q3 09 and in line with Q4 08 EBITDA adjusted for one-off effects MEUR 9.5

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Driving Force

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  1. Driving Force Q4 2009 Status and Outlook Oslo, 12.02.2010

  2. Highlights Q4 Q4 2009 Results

  3. Highlights 4th quarter • Revenues above indications for Q4 09 (MEUR 177 vs MEUR 165) • Revenues up 13 % from Q3 09 and in line with Q4 08 • EBITDA adjusted for one-off effects MEUR 9.5 • EBITDA improved by MEUR 13 compared to Q4 08 • Adjusted EBITDA margin improved to 5.4 % from 3.5 % in Q3 2009 • Positive cash flow from operations in Q4 09 • Improved liquidity and capital structure • Stronger integration of Power Products System Q4 2009 Results

  4. Highlights 2009 • Positive EBITDA and cash-flow from operations despite extreme market conditions • Many and significant new orders • Maintained focus on market and R&D • Improved the capital structure and reduced cost level – well positioned to take advantage of new opportunities • Positive support from all stakeholders Q4 2009 Results

  5. Financial overview KA Group Q4 2009 Results

  6. Revenues per quarter KA Group Q4 2009 Results

  7. EBITDA per quarter KA Group Adjusted margin 5.4% Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q4 2009 Results

  8. Net working capital in % of revenues NWC ratio improved despite increased sales Q4 2009 Results

  9. Cash flow 4th quarter 2009 Positive effect Negative effect Q4 2009 Results

  10. Available funds end of 4th quarter Improved liquidity situation Q4 2009 Results

  11. P&L 2009 • Positive EBITDA for full year 2009 • Financial items 2009 positive due to currency effects Q4 2009 Results

  12. Improved equity ratio from 12.1 % to 23.4 % Improved cash balance by MEUR 60.1 In addition to reducing the utilization of credit facilities by MEUR 32 Net interest bearing debt reduced by 148 MEUR Balance sheet Q4 2009 Results

  13. Financial overview divisions Q4 2009 Results

  14. Automotive Systems Adjusted margin 4.6% Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q4 2009 Results

  15. Commercial Vehicle Systems Adjusted margin 9.3% Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q4 2009 Results

  16. Power Products Systems Adjusted margin 5.1% Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q4 2009 Results

  17. Outlook Q4 2009 Results

  18. Q4 new business wins Announced orders Average annual sales (MEUR) DATE/SEGMENT CATEGORY MEUR Contract value 15/10 Heavy Truck Air brake and air suspension 25 04/11 Passenger Car Shift tower with integrated start/stop function 65 11/11 Passenger Car Arm Rests 4 20/11 Passenger Car Seat Heat 22 26/11 Heavy Truck Seat Heat and Seat Support 6 10/12 Passenger Car Seat Support (pneumatic) 24 146 01/02 KONGSBERG AUTOMOTIVE HAS SECURED ITS BIGGEST ORDER WITHIN THE DRIVELINE SEGMENT WITH A CONTRACT VALUE OF 100 MEUR Q4 2009 Results

  19. MD+HD commercial vehicle production Tot Asia (Jp/Kr/Ch/In) Europe North A RoW* South A Source: J.D.Power Q4 2009 Results

  20. Car production, CSM data Mill Tot AP Europe NA RoW* Source: CSM *RoW: South America and Middle East/Africa Q4 2009 Results

  21. “The dawn of a new automotive decade” (PwC 01/2010) Car production outlook by region 2008-2010 (Millions). PwC forecast. Q4 2009 Results

  22. Q&A Q4 2009 Results

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