Fact Book.

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Fac t B ook 2 Continental A G Continental AG is an Official Sponsor of the

2014 FIFA World Cup Brazil™.

Fact Book 2013

www.continental-corporation.com

140203_Conti_Factbook_2013_Umschlag_425x297_IsoCV2.indd 1-3 05.02.14 11:31

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Slide Title Page

1 Disclaimer 7

3 More than 140 Years of Progress and Achievement 8

4 Continental Corporation – Sales, EBIT & Net Income 8

5 Continental Ranks No. 1 in Worldwide Supplier Ranking 9

6 Executive Board 9

7 Megatrends in the Automotive Industry 10

8 A Leading Global Supplier for Key Automotive Electronics Applications 10 9 A Leading Global Supplier of Tire and Non-Tire Rubber Products 11

10 Sales by Markets 11

11 EBITDA by Group and Corporation 12

12 Consolidated Sales 12

13 Number of Employees 13

II. Continental Strategy

Slide Title Page

15 Systematic Entrepreneurial Approach 14

16 Sustainable Value Creation 14

17 Cost Consciousness – Production in Best-Cost Countries 15

18 Balanced Distribution of Sales 15

19 Best Positioned for the 20 Fastest Growing Automotive Technologies until 2020 16

20 Continental Corporation Worldwide p 16

21 Sales OE Automotive/Non-OE Automotive 17

22 Technological Balance 17

23 Great People Culture 18

(3)

Slide Title Page

25 We Shape the Megatrends in the Automotive Industry 19

26 Environment: Initiatives in EU, USA and Japan – Towards Cleaner Mobility 19 27 Environment: Initiatives Towards Cleaner Mobility in Various Markets 20

28 Environment: Engine Development Roadmap 20

29 Environment: Reduction of CO ₂ Emissions: Solutions by Continental 21 30 Environment: Development of Worldwide Turbo Charger Volumes 21 31 Information: Interior: Examples of market specific Initiatives and Projects 22 32 Information: Interior: The Car Will Be Connected to Its Environment 22 33 Information: Interior: Product Highlights for Intelligent Mobility 23 34 Safety: Market specific Initiatives – Towards Safer Mobility 23 35 Safety: Road Traffic Deaths per 100,000 Inhabitants by Region 24 36 Safety: Global Development of Active Safety Regulations & Ratings 24

37 Safety: Euro NCAP 5 Star Rating Requirements 25

38 Safety: History roadmap for Accident-Free Driving 25

39 Safety: Future Automotive Trends 26

40 Safety: Future Automotive Trends Require System Competence 26 41 Safety: World Market Forecast for Driver Assistance Systems y y 27

42 Safety: Winter Tire Regulation 27

43 Safety and Environment: Tire Labeling Initiatives in Europe, USA, Japan, South Korea and Brazil

28 44 Tires: Key Initiatives 2001 – Vision 2025 28

45 Tire Sales and Growth Pillars – Supporting Elements of our Vision 2025 29 46 Additional Tire Production Capacity of 26 mn Units by 2017/18 29

47 Tires Vision 2025 – Towards a more Balanced Footprint 30

48 Environment: ContiTech: Engineering Green Value 30

49 Environment: ContiTech: Cumulative Market for ContiTech Products 31

(4)

Slide Title Page

51 Key Consolidated Figures 32

52 Sales and Adjusted EBIT by Quarter 32

53 Key Historical Financials and Credit Metrics – IAS 19 (rev. 2011) applied 33

54 Development of Net Indebtedness and Gearing Ratio 33

55 Gross Indebtedness by Sources 34

56 Maturities for Gross Indebtedness 34

57 Purchasing – Production Materials 2013 35

V. Market Data

Slide Title Page

58 Development of Raw Material Prices 35

60 Increasing Installation Rates of Electronic Brake Systems 36

61 Installation Rates of Fuel Injection Systems 37

62 Development of Transmissions Technologies 37

63 Increasing Installation Rates of Turbocharger in Gasoline Engines 38

64 Increasing Installation Rates of Keyless Entry Systems 38

65 Increasing Installation Rates of Multimedia Systems 39

66 Increasing Installation Rates of Advanced Driver Assistance Systems 39

67 Increasing Installation Rates of Head-Up Displays 40

68 Production of Light Vehicles 2011 – 2014 40

69 Production of Heavy Vehicles 2011 – 2014 y 41

70 Replacement Passenger, Light Truck and 4x4 Tires 2011 – 2014 41

71 Replacement Truck Tires 2011 – 2014 42

VI. Automotive Group

Slide Title Page

73 Key Figures 43

74 Sales and Adjusted EBIT by Division 43

75 Sales by Markets 44

76 Order Intake (LTS) in the Automotive Group €25 bn in 2013 44

(5)

Slide Title Page

78 Business Units and Key Products 45

79 Locations Worldwide 46

80 Key Figures 46

81 Sales by Markets 47

82 Market Position for Electronic Brake Systems 2013 47

83 Market Position for Foundation Brake Systems 2013 48

84 Market Position for Actuation 2013 48

85 Market Position for Airbag Electronics 2013 49

86 Market Position for Advanced Driver Assistance Systems 2013 49

87 Growing Sales Volume for Electronic Brake Systems 50

VI 2 Automotive Group Powertrain Division VI.2. Automotive Group – Powertrain Division

Slide Title Page

89 Business Units and Key Products 51

90 Locations Worldwide 51

91 Key Figures 52

92 Sales by Markets 52

93 Market Position for Diesel Injection Systems 2013 53

94 Market Position for Gasoline Injection Systems 2013 53

95 Market Position for Transmission Control Units 2013 54

VI.3. Automotive Group – Interior Division

Slide Title Page

97 Business Units and Key Products 55

98 Locations Worldwide 55

99 Key Figures 56

100 Sales by Markets 56

101 Market Position for Body & Security 2013 57

102 Market Position for Instrumentation & Driver HMI 2013 57 103 Market Position for Infotainment & Connectivity 2013 58 103 Market Position for Infotainment & Connectivity 2013 58

104 Market Position for Commercial Vehicle 2013 58

(6)

Slide Title Page

106 Key Figures 59

107 Sales and Adjusted EBIT by Division 60

108 Sales by Markets 60

VII.1. Rubber Group – Tires Division

Slide Title Page

110 Business Units and Tire Brands 61

111 Key Figures 62

112 Sales by Markets 62

113 Market Share for Passenger and Light Truck Tires 2013 63

114 Market Share for Truck Tires 2013 63

115 Continental Worldwide PLT Production 2013 64

116 Continental European PLT Production 2013 64

117 Continental Worldwide Truck Tire Production 2013 65

118 Cost of Labor at Continental Manufacturing Sites 65

119 Passenger and Light Truck Tires: Product Mix Improvement 66 120 Passenger and Light Truck Tires: Unit Sales 2008 - 2013 66

121 Commercial Vehicle Tires: Unit Sales 2008 - 2013 67

VII.2. Rubber Group – ContiTech Division

Slide Title Page

123 Business Units and Key Products 68

124 Locations Worldwide 68

125 Key Figures 69

126 Sales by Markets y 69

127 A Leading Global Supplier in its Business Units 70

128 Product Overview 70

129 Sales and Employees 2013 71

130 Forming a Global Player in Rubber and Plastics Technologies 71

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Slide Title Page

132 Our Policies and Guidelines 72

133 Corporate Environmental Key Performance Indicators 73

134 Emission Reduction – Electrification Tailored to Fit (48-Volt Eco Drive) 73 135 Research in Alternative Raw Materials for Tire Production 74

136 Equal Opportunity 74

137 Corporate Memberships (1) 75

138 Corporate Memberships (2) 75

IX. Share and Bond Information

Slide Title Page

139 Health and Occupational Safety 76

140 Corporate Bodies 76

g

142 Share Data / ADR Data 77

143 Share Price Development vs. Major Stock Indexes 78

144 Common Stock 78

145 Shareholder Structure 79

146 Bond Details 79

147 Development of the Bonds 80

148 Development of Continental’s Credit Rating 80

149 10 Year Financial Overview 81

X. Glossary

Slide Title Page

151 Financial Glossary 82

152 Product and Division Glossary 82

153 Contact Data 83

154 Financial Calendar 83

(8)

Disclaimer

This Fact Book has been prepared by Continental Aktiengesellschaft and includes information available to us as of March 6, 2014.

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 of its affiliates 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 or any other financial investment or exposure 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 i n 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.

1

2

Topics

Continental at a Glance

I. 3

Continental Strategy

II. 15

Continental Megatrends

III. 25

Continental Corporation

IV. 51

Market Data

V. 60

Automotive Group

VI. 73

Rubber Group

VII. 106

Sustainability at Continental

VIII. 132

Share and Bond Information

IX. 142

Glossary

X. 151

(9)

I. Continental at a Glance

More than 140 Years of Progress and Achievement

3 Merger with major companies of

the German rubber industry to form Continental Gummi-Werke AG.

Acquisition of a US company’s Automotive Brake & Chassis unit, the core of which is Alfred Teves GmbH in Frankfurt.

Continental-Caoutchouc- und Gutta-Percha Compagnie is founded in Hanover, Germany.

Continental strengthens its position in the ASEAN market and Australia by establishing

its Continental Sime Tyre joint venture.

Takeover of the European tire operations of Uniroyal, the tire operations of the Austrian company Semperit, the North American tire manufacturer General Tire.

Continental reinforces its activities by acquiring Temic, the international electronics specialist.

Continental acquires Siemens VDO Automotive AG and advances to among the top five suppliers in the automotive industry worldwide, at the same time boosting its market position in Europe, North America and Asia.

Continental expands its activities in telematics, among other fields, with the acquisition of the automotive electronics business from Motorola.

Through the acquisition of Phoenix, ContiTech becomes one of the world’s leading specialists for rubber and plastics technology outside the tire industry.

1871 1929

1979 1985 1987 1998

2001

2003 2004

2006

2007

Continental acquires a majority interest in the Slovak company Continental Matador Rubber s.r.o. and expands its position for the Tire and ContiTech divisions in Central and Eastern Europe.

2011

Continental strengthens its position in the tire business in Asia by acquiring the Indian tire manufacturer Modi Tyres Company Limited.

2012 2013

Continental founds a jointly managed company together with SK Innovation to supply first-class lithium-ion battery technology as partners in the future.

It also acquires Parker Hannifin’s automotive air conditioning business, the conveyor belt producer Legg Company and the conveyor belt activities of Metso.

2014

Continental intends to strengthen its position in rubber and plastic technology by acquiring Veyance Technologies.

I. Continental at a Glance

Continental Corporation – Sales, EBIT & Net Income ¹ (in € mn)

4

1Net income attributable to the shareholders of the parent, from 1998 until 2003 US GAAP / from 2004 onwards IFRS.

2 Siemens VDO incorporated starting December 1, 2007.

IAS 19 (rev. 2011) applied starting 2013. The 2012 figures have been restated accordingly.

6,743 9,132 10,115

11,233 11,408 11,534 12,597 13,837

14,887 16,619

24,239

20,096 26,047

30,505

32,736 33,331

398 607 533 33

694 855 1,157 1,507 1,602 1,676

-296 -1,040

1,935 2,597

3,186 3,264

138 235 205

-258

226 314 716 930 982 1,021

-1,124 -1,649

576 1,242

1,905 1,923

1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

US GAAP IFRS

Sales

EBIT NIAT

¹

2

(10)

I. Continental at a Glance

Continental Ranks No. 1 in Worldwide Supplier Ranking

5

Top 10 Global OEM Suppliers – 2013 Sales (in € mn)

1 2 3 4 5

0 5,000 10,000 15,000 20,000 25,000 30,000 35,000

Con tin e n ta l Den so Rob e rt B o sch B ridg e st o n e M a g n a Hun d a y M o b is A isi n S e iki M iche lin F a u re cia JCI

1Continental not including ContiTech Industrial business.

2Robert Bosch only includes Automotive Technology division.

3Bridgestone including Diversified Products.

4Aisin Seiki excluding Life & Energy related products.

5Johnson Controls only includes Automotive Experience division.

Source: Company filings. Calendarized to December year end. Based on average currency exchange rates 2013

I. Continental at a Glance Executive Board

6 Chairman of the

Executive Board

Corporate Functions

›Corporate Quality and Environment

›Corporate Communications

›Continental Business System

›Automotive Central Functions

Dr. Elmar Degenhart

Elke Strathmann Wolfgang Schäfer

Dr. Ralf Cramer

Corporate

Functions

›Human Resources

›Director of Labor Relations

›Corporate Social Responsibility Corporate

Functions

›Finance

›Controlling

›Compliance

›Law

›IT

Continental China

Frank Jourdan Helmut Matschi Nikolai Setzer José A. Avila

Heinz-Gerhard Wente

Chassis &

Safety Division

Powertrain Division Interior

Division

Tires Division ContiTech

Division

Corporate Function

›Purchasing

(11)

I. Continental at a Glance

Megatrends in the Automotive Industry

7 218

180 144 180

161 117

142 130

95¹

128 125 105

2010 2015E 2020E

USA China EU Japan

Road Traffic Deaths CO2 Targets (g/km)

1Mandatory for 95% of the OEM’s fleets

Source: ICCT Int. Council of Clean Transportation, Global Passenger Vehicle FE/GHG regulations (6/2012).

Safety – For safe mobility

Environment – For clean power Information – For intelligent driving

Affordable Cars – For global mobility

A&B

Segment

in BRIC (mn units)

1Data based on framework created by the World Health Organization (WHO) for estimating road traffic mortality.

Source: Global Status Report on road safety, WHO 2013.

Number of Road Traffic Deaths per 100,000 by Region¹

12.2

17.6

2012 2017E

Source: IHS January 2013.

Region of the Americas

African Region Eastern Mediterranean

Region South-East Asia Region

Western Pacific Region European

Region

14.0

2009 2013 16.1

32.1 24.6

2009 2013 2009 2013 32.0

21.3

2009 2013 16.618.7

15.618.3

2009 2013 2009 2013 13.3

10.3

Driver and Passenger Devices Infrastructure Other Cars

Vehicle

8

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

2ESC: Electronic Stability Control is a type of electronic brake system.

3Source: IHS, The global outlook for automotive OEM electronic systems.

› Actuation

› Advanced driver assistance systems

› Airbag electronics

› Electronic brake systems (EBS)

› Foundation brake systems

› Diesel injection systems

› Gasoline injection systems

› Transmission control units

› Double clutch transmission control units

› Body and security products

› Commercial vehicle interiors

› Device connectivity and telematics units

› Instrumentation, displays and human machine interfaces

Sales 2013 €7,269 mn

% of total 22%

Adj. EBIT

¹

€690 mn

Adj. EBIT margin 9.5%

Sales 2013 €6,260 mn

% of total 19%

Adj. EBIT

¹

€318 mn

Sales 2013 €6,606 mn

% of total 20%

Adj. EBIT

¹

€585 mn

ESC

²

installation rate by markets (%)

Gasoline direct injection systems

installation rate by markets (%) OEM Electronic Systems

³

(in $ bn)

Chassis & Safety Powertrain Interior

21%

36%

20%

52%

2012 2017E

EU NAFTA

19%

39%

73%

89%

2012 2017E

China EU

31 % 27 %

27 % 24% 24%

18 % 23%

26 %

2010 2020E

Rest of World EU China NAFTA 157

239

I. Continental at a Glance

A Leading Global Supplier for Key Automotive Electronics Applications

(12)

I. Continental at a Glance

A Leading Global Supplier of Tire and Non-Tire Rubber Products

9

Sales 2013 €3,878 mn

% of total 11%

Adj. EBIT

¹

€465 mn

› Markets

› EMEA

› The Americas

› APAC

› Products

› Original equipment

› Winter tires

› High performance tires

› Markets

› EMEA

› The Americas

› APAC

› Products

› Original equipment

› Replacement

› Automotive hoses and hose lines

› Automotive interior trim

› Conveyor belts

› Marine and oil hoses and hose lines

› Multiple V-ribbed belts and timing belts

› Railway air springs

› Truck and bus air springs

Sales 2013 €9,583 mn

% of total 28%

Adj. EBIT

¹

€1,791 mn

Passenger & Light Truck Tires Commercial Vehicle Tires

ContiTech

Sales breakdown (%) Sales breakdown (%)

Tires

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

OE 29%

Non- OE 71%

OE 56%

Non- OE 44%

I. Continental at a Glance Sales by Markets

10

Automotive Group 2013

€20,016 mn

Rubber Group 2013

€13,356 mn

Corporation 2013

€33,331 mn

Germany 26%

Europe (excluding Germany) 23%

NAFTA 23%

Asia 25%

Other countries

3% Germany

21%

NAFTA 20%

Asia 11%

Other countries

8%

Germany 24%

NAFTA 22%

Asia 19%

Other countries

5%

(13)

I. Continental at a Glance

EBITDA by Group and Corporation

11

Automotive Group 2013

€2,491 mn

Rubber Group 2013

€2,714 mn

Corporation 2013

€5,095 mn

Chassis &

Safety 44%

Powertrain 22%

Interior 34%

Chassis &

Safety 40%

Powertrain 26%

Interior 34%

Tires 79%

ContiTech

21% Chassis &

Safety 19%

Powertrain 13%

Interior 16%

Tires 41%

ContiTech 11%

I. Continental at a Glance Consolidated Sales

12

1 1

1

1Since 2012 reported as Tires.

2009 2010 2011 2012 2013

Germany Rest of Europe NAFTA Asia Other markets

by Markets

29% 27% 26% 25% 24%

34%

33%

33% 30% 30%

18%

19%

19% 22% 22%

14%

16%

17%

18% 19%

5%

5% 5%

20.1 26.0

30.5 32.7 33.3

2009 2010 2011 2012 2013

ContiTech Tires

Commercial Vehicle Tires Passenger and Light Truck Tires

Interior Powertrain

Chassis & Safety

by Division

16%

(in bn €) (in bn €)

20.1 26.0

30.5 32.7 33.3

22% 22% 21% 21% 22%

21%

20% 20% 20%

23%

22%

5%

17%

18%

19% 19% 19%

22%

29% 28%

5%

6%

12%

11% 11%

(14)

I. Continental at a Glance Number of Employees

1 13

Since 2012 reported as Tires.

2009 2010 2011 2012 2013

Germany Rest of Europe NAFTA Asia Other markets

by Markets

33% 31% 30% 29% 28%

33% 32% 31% 31% 31%

14%

15% 16% 16%

14%

16%

18% 18%

19%

6%

7%

6% 6%

6%

134,434 148,228

163,788 169,639

177,762

2009 2010 2011 2012 2013

ContiTech Tires

Commercial Vehicle Tires Passenger and Light Truck Tires

Interior Powertrain

Chassis & Safety

by Division

20% 21% 20% 20% 21%

18% 18% 19% 18% 18%

20%

19% 20% 19%

20%

19%

25%

16% 25%

17%

17% 17%

17%

134,434 148,228

163,788 169,639

177,762

6%

5%

6%

1 1

1

14

Topics

Continental at a Glance

I. 3

Continental Strategy

II. 15

Continental Megatrends

III. 25

Continental Corporation

IV. 51

Market Data

V. 60

Automotive Group

VI. 73

Rubber Group

VII. 106

Sustainability at Continental

VIII. 132

Share and Bond Information

IX. 142

Glossary

X. 151

(15)

II. Continental Strategy

Systematic Entrepreneurial Approach

15

Affordable Cars – For global mobility Safety –

For safe mobility

Information – For intelligent driving Environment –

For clean power

Value Creation is Our Driving

Force

Great people culture

Value creation

Regional sales balance Technological

balance

In the market for the market Balanced

customer portfolio

Top market position

1 5 ,6 5 9 1 5 ,6 5 5 1 5 ,7 9 0 1 6 ,0 1 9 1 6 ,2 7 2 1 6 ,6 2 7 1 6 ,9 3 4 1 6 ,9 5 4 1 7 ,0 1 4 1 7 ,0 0 8 1 6 ,9 1 5 1 6 ,8 0 4

13.2% 14.1%

15.7% 16.2% 16.8% 17.6% 17.9% 18.1%

18.8% 18.5% 18.6% 19.4% 19.4%

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

2011 2012 2013

trailing OA (mn €) trailing ROCE (%) trailing ROCE (%) IAS 19 (rev. 2011)

II. Continental Strategy – Value Creation Sustainable Value Creation

16

1Trailing operating assets are calculated as assets for the last twelve months (LTM).

2Trailing ROCE is calculated as reported EBIT for the last twelve months (LTM) divided by average operating assets (OA) for the LTM.

3Q4/12, Q1/13, Q2/13, Q3/13 and Q4/13 applying IAS 19 (rev. 2011) .

1 2 3

(16)

II. Continental Strategy – Value Creation

Cost Consciousness – Production in Best-Cost Countries ¹

17

66% 60%

92%

46%

62%

70% 65%

96%

54% 60%

Rest of world

2010 2013

1All years restated based on new definition of best-cost countries.

2Based on sales.

3Based on units.

34%

19%

33%

69%

29%

36%

27%

38%

72%

34%

Europe

Chassis & Safety

²

Powertrain

²

Interior

²

Tires

³

ContiTech

²

Chassis & Safety

²

Powertrain

²

Interior

²

Tires

³

ContiTech

²

II. Continental Strategy – Regional Sales Balance Balanced Distribution of Sales

18

≥

% of consolidated sales

Mid- to long term

Germany

~

29%

NAFTA 18%

Asia 14%

Other countries

5% Germany

24%

NAFTA 22%

Asia 19%

Other countries

5%

Rest of world 45%

NAFTA 25%

Asia 30%

Sales in 2013: €33.3 bn Sales in 2009: €20.1 bn

≥

(17)

II. Continental Strategy – Top Market Position

Best Positioned for the 20 Fastest Growing Automotive Technologies until 2020

19 Source: Based on Frost & Sullivan, November 2013, based on 2012 data.

1Compound annual growth rate.

2 Emitec.

3No complete system but electronics or components.

A

High growth CAGR

¹

25% - 100%

C

Low growth CAGR

¹

5% - 14%

CAGR1

Expected worldwide revenue development in % (CAGR

¹

2012-2020)

B

Medium growth CAGR

¹

15% - 24%

CAGR¹ Product portfolio of

Gasoline particulate filters 76% Powertrain² Selective catalytic reduction 57% Powertrain/ContiTech³ Switchable coolant and oil pumps 43% Powertrain Lane departure warning 29% Chassis & Safety

Electric motors 27% Powertrain

Advanced parking assistance 27% Chassis & Safety Turbocharger (% of gasoline) 23% Powertrain

Start stop systems 22% Powertrain

Battery propulsion systems 22% Powertrain Forward collision avoidance 21% Chassis & Safety Blind spot detection 20% Chassis & Safety Advanced voice recognition 17% Interior Electric power steering 14% Chassis & Safety

Touch screens 14% Interior

Adaptive cruise control 13% Chassis & Safety

Head-up displays 11% Interior

App interface solutions 11% Interior

Electronic stability control 9% Chassis & Safety Tire pressure monitoring system 9% Interior

OEM navigation 5% Interior

II. Continental Strategy – In the Market for the Market Continental Corporation Worldwide

20

Europe

South America Argentina Brazil Chile Columbia

Ecuador Algeria

Republic of South Africa Morocco Africa

Australia Austria

Belgium Denmark Finland France Germany

Greece Ireland Italy Netherlands Norway

Czech Republic Hungary Kazakhstan Poland Romania

North America Canada Mexico USA

Portugal Spain Sweden Switzerland United Kingdom

Status: January 2014.

Russia Serbia Slovakia Turkey

Asia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Sri Lanka

Taiwan

Thailand

United Arab

Emirates

More than 300 sites for production, R&D and sales in 49 countries. Headquarter in Hanover, Germany.

(18)

II. Continental Strategy – Balanced Customer Portfolio Sales OE Automotive/Non-OE Automotive

21

OE Non-OE

Chassis &

Safety 22%

Powertrain 18%

Interior 18%

Tires 8%

ContiTech 6%

Non-OE 28%

2013: 28% of corporation is Non-OE sales

100 99 89 29

56 11 71

44 Chassis & Safety (22% of total sales)

Powertrain (19% of total sales)

Interior (20% of total sales)

Tires (28% of total sales)

ContiTech (11% of total sales)

1 II. Continental Strategy – Technological Balance Technological Balance

22

CAGR ≥ 5-10% 0%<CAGR<10% CAGR ≤ 0% Time Introduction Growth Maturity Saturation/

Decline Strategy

› Establish standards & leverage R&D Cost

› Migrate to all car segments

› Extend customer portfolio

› Reach market leading position

Strategy

› Defend leading market position and market share

› Cost control

› Economies of scale

› Standardization and/or scalability

› System integration

(19)

II. Continental Strategy – Great People Culture Great People Culture

23

24

Topics

Continental at a Glance

I. 3

Continental Strategy

II. 15

Continental Megatrends

III. 25

Continental Corporation

IV. 51

Market Data

V. 60

Automotive Group

VI. 73

Rubber Group

VII. 106

Sustainability at Continental

VIII. 132

Share and Bond Information

IX. 142

Glossary

X. 151

(20)

III. Continental Megatrends

We Shape the Megatrends in the Automotive Industry

25

Information – For intelligent driving

Affordable Cars – For global mobility Environment – For clean power

Safety – For safe mobility

III. Continental Megatrend: Environment

Initiatives in EU, USA and Japan – Towards Cleaner Mobility

26

EU aims to reduce CO

2

emissions by

improvement in vehicle technology:

›

For passenger cars, EU targets average CO

2

emissions at:

›

130 g/km* from 2015

›

95 g/km from 2020

›

For passenger cars, excess emissions surcharges will be implemented in steps from 2012 onwards (100% penalty only starting in 2015 for not meeting targets)

›

For light commercial vehicles, EU targets average CO

2

emissions at:

›

175 g/km from 2017

›

147 g/km from 2020

EU

¹

1Regulations (EC) No. 443/2009 and (EU) No. 510/2011.

2US Federal Register (May 7th, 2010): Light-Duty Vehicle Greenhouse Gas Emission Standards and Corporate Average Fuel Economy Standards; Final Rule.

3US Federal Register (Oct. 15th, 2012): 2017 and Later Model Year Light-Duty Vehicle Greenhouse Gas Emissions and Corporate Average Fuel Economy Standards; Final Rule.

4Refers to “Act on the Rational Use of Energy” of the Ministry of Economics, Trade and Industry (METI) and Ministry of Land, Infrastructure, Transport and Tourism (MLIT).

5NHTSA: National Highway Traffic Safety Administration.

6EPA: Environmental Protection Agency.

7CAFE: Corporate Average Fuel Economy.

835.5 mpg CAFE = 249 g/mile CAFE = 171 g/km NEDC; 54.5 mpg CAFE = 162g/mile CAFE = 106.9 g/km NEDC.

9ECCJ: Energy Conservation Center Japan.

1016.8 km/l JC08 = 139.2 g/km JC08 = 125 g/km NEDC.

Emerging markets likely to follow Europe/USA/Japan on fuel efficiency standards

NHTSA

⁵

and EPA

⁶

to establish a National Fuel Efficiency Policy (NFEP):

›

For passenger cars and light trucks

combined, CAFE⁷

set to increase to:

›

35.5 mpg* by 2016

⁸

›

54.5 mpg by 2025

⁸

USA

^2,3

ECCJ

⁹

aims to improve fuel efficiency standards by 23.5% by 2015 vs. 2004:

›

For passenger cars and light duty trucks

(<3.5 metric tons), the aim is to increase

average level of fuel efficiency to:

›

16.8 km/l* by 2015

¹⁰

Japan

⁴

Test cycle: CAFE (Corporate Average Fuel Economy)

* Miles per gallon

Test cycle: JC08 (Japanese Cycle)

* Kilometers per liter Test cycle: NEDC (New European Driving Cycle)

* Gram per kilometer

(21)

III. Continental Megatrend: Environment

Initiatives Towards Cleaner Mobility in Various Markets

27

60 90 120 150 180 210 240 270

2000 2005 2010 2015 2020 2025

US-LDV US-Car EU Japan China S. Korea

Gram CO

₂

per kilometer, normalized to NEDC

¹

Source: International Council on Clean Transportation and ZeitOnline “EU-Staaten einig über Klimaauflagen für Neuwagen“ – 04.03.2014 1New European Driving Cycle.

2US light-duty vehicles include light commercial vehicles.

3In 2020 mandatory for 95% of the OEM’s fleets. As of 2021 mandatory for 100%.

4China’s target reflects gasoline fleet scenario. If other fuel types are included, the target is lower.

Solid dots and lines: historical performance and enacted targets.

Solid dots and dashed lines: proposed targets and studies.

2 3 4

III. Continental Megatrend: Environment Engine Development Roadmap

Source: IHS and Continental estimates Q1/2013. 28

1Percentage of worldwide light vehicle production volume.

0 20 40 60 80 100 120 140

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Diesel Gasoline Port Fuel Gasoline Direct Injection Natural Gas Hybrid Electric Vehicle Electric Vehicle

Light vehicle production by powertrain (mn units)

63%

¹

50%

¹

36%

¹

24%

¹

12%

¹

32%

¹

21%

¹

21%

¹

20%

¹

21 %

¹

20%

¹

39%

¹

17%

¹

4%

¹

10%

¹

2%

¹

3%

¹

(22)

III. Continental Megatrend: Environment

Reduction of CO ₂ Emissions ¹ : Solutions by Continental

29

1Saving potential compared with gasoline direction injection Euro 5.

2Selective Catalytic Reduction.

3DEKA injector for diesel dosing into exhaust gas.

4Advanced Energy Supply.

5Tire Pressure Monitoring System.

6Power-On-Demand.

Hybrid electric vehicle (HEV) Compressed Natural Gas (CNG) Piezo common rail injection Engine downsizing and turbocharger Telematics, ACC, ADAS SCR systems/DDS Energy management (AES ) Tires (rolling resistance, TPMS ) Double clutch transmission (DCT) Transmission (POD ) Energy management (POD )

Brake systems Min Max

~25%

15-20%

10-20%

5-12%

5%

2-5%

3%

1-2%

5%

2 3

4

6

~15%

5

III. Continental Megatrend: Environment

Development of Worldwide Turbo Charger Volumes

Source: IHS and Continental estimates as at January 2014. 30

Gasoline turbo charger by cubic capacity (thousand units)

0 10,000 20,000 30,000 40,000

2012 2016 2020 2012 2016 2020 2012 2016 2020 2012 2016 2020

Smaller than 1.5 liter 1.5 < 2.5 liter 2.5 < 3.5 liter ≥ 3.5 liter

10%

29%

36%

CAGR Engines = 6.5%

CAGR Turbo = 24.8%

12%

24%

34%

12% 23% 36%

Gasoline cars Turbo installation rate

Diesel turbo charger (thousand units) Gasoline turbo charger (thousand units)

0 20,000 40,000 60,000 80,000 100,000

2012 2016 2020

Cars Turbo installation rate

2012 2016 2020

Cars Turbo installation rate

CAGR Engines = 2.9% CAGR Turbo = 3.0% CAGR Engines = 3.2% CAGR Turbo = 19.2%

11%

25% 33%

97% 99% 99%

3% 6% 10%

CAGR Engines = 1.8%

CAGR Turbo = 15.4%

CAGR Engines = 0.0%

CAGR Turbo = 14.6%

CAGR Engines = -4.5%

CAGR Turbo = 13.5%

(23)

III. Continental Megatrend: Information

Interior: Examples of market specific Initiatives and Projects

31

› Tire pressure monitoring system (TPMS)

1,2,3,4,13,14

› Electric vehicle market push

^5,6

› E-call

^5,7,15,16

› Hands-free telephony

⁸

› Stolen vehicle tracking

⁹

› Rear detection system

¹⁰

1Regulation (EC) No. 661/2009 for Passenger Vehicles.

2Federal Motor Vehicle Safety Standard No. 138 of NHTSA for passenger vehicles.

3Source: Ministry of Land, Infrastructure, Transport and Tourism (MLIT) in Japan.

4Korean Motor Vehicle Safety Standard (KMVSS) - MLTM Notification 2010-631.

5Directive 2010/40/EU of the European Parliament and of the Council of July 2010.

6COM(2011) 144 final.

7Recommendation adopted by the European Commission September 2011.

8Several national laws and regulations in Asia/ Europe/ NAFTA/ Africa.

› Digital tachograph (DTCO)

¹¹

› Electronic onboard recorder (EOBR)

¹²

› Intelligent transport systems (ITS)

^5,6

9CONTRAN 245/2007 - no final rule in place.

10For single-unit trucks. FMVSS 111 - no final rule in place.

11Proposed revision of Regulation (EEC) No. 3821/85.

12FMCSA Proposed rule 395 January 2011 / President signed legislation MAP21 in July 2012.

13House Bill for Commercial Vehicle Safety - H.R. 4348 29.06.2012 TPMS for Motorcoaches.

14DG CLIMA 2013 study on TPMS Cost / Benefit for Commercial Vehicles.

15Russia ERA specifications - no final rule in place.

16European Commission Brussels, C(2012) 8509 final.

ELVIRE ID4EV

Test field

“HeERO”

ERTICO Sim-TD

Environment Safety Information

Doing more.

For intelligent driving.

Doing more.

For safe mobility.

Doing more.

For clean power.

European Projects:

ELVIRE = Electric vehicle communication to infrastructure, road services and energy supply.

ID4EV = Intelligent dynamics for fully electric vehicles.

HeERO = Harmonized eCall European pilot.

ERTICO = European road transport telematics implementation coordination organisation.

Sim-TD = Safe and intelligent mobility – field test Germany.

III. Continental Megatrend: Information

Interior: The Car Will Be Connected to Its Environment

32

With our intuitive and ergonomic human-

machine interface (HMI), we capture commands, prioritize and present information.

Driver and passengers Devices Infrastructure Other vehicles We add new functions by providing a connection

to the outside world as well as value-added services.

We manage and optimize the information flow by systems integration of components.

Vehicle

Our Mission: Information management in the vehicle for driver and

passengers – a key to realizing clean power and zero accidents

(24)

III. Continental Megatrend: Information

Interior: Product Highlights for Intelligent Mobility

33

All at lower cost We inform you well

We connect

Existing solutions:

› Freely programmable cluster

› Multimedia and telematics platforms

› Tire information systems

› Head-up displays

› Intelligent fleet management

Innovations:

› Holistic HMI

› Intelligent antenna module

› Digital key, NFC

› Augmented reality head-up displays

› ITS services and apps

III. Continental Megatrend: Safety

Marketspecific Initiatives – Towards Safer Mobility

34

›Electronic stability control (ESC)

›

mandatory as of Nov. 2011 for all new types of vehicles

›

mandatory as of Nov. 2014 for all new vehicles¹

›Tire pressure monitoring system (TPMS)

›

mandatory as of Nov. 2012 for all new types of passenger cars

›

mandatory as of Nov. 2014 for all new passenger cars²

›Advanced emergency braking system and lane departure warning

›

mandatory as of Nov. 2013 for all new types of heavy commercial vehicles and buses

›

mandatory as of Nov. 2015 for all new heavy commercial vehicles and buses²

›

Brake assist system

›

mandatory as of Nov. 2009 for all new types of passenger cars

›

mandatory as of Nov. 2011 for all new passenger cars³

›

Motorcycle anti-lock brake system (ABS)

›

mandatory as of Jan. 2016 for all new types of vehicles

›

mandatory as of Jan. 2017 for all new vehicles⁴

EU

›

mandatory since 2011 for all new light vehicles⁵

›

mandatory as of Sept. 2007 for all new light vehicles⁶

USA

›

mandatory as of Oct. 2012 for all new types of passenger cars

›

mandatory as of Oct. 2014 for all new passenger cars⁹

›Advanced emergency braking system and lane departure warning

›

expected to be mandatory for all new heavy commercial vehicles and buses following the EU decision¹⁰

Japan

1Regulation (EC) No. 661/2009; refers to all vehicles of category M and N.

2Commission Implementation Regulations for (EC) No. 661/2009: 347/2012 (Advanced Emergency Braking Systems); 351/2012 (Lane Departure Warning).

3Regulation (EC) No. 78/2009; refers to passenger cars for maximum 8 passengers plus driver.

4COM(2010) 542 from Oct. 2010. ABS mandatory for motorcycles with engine capacity of >125 ccm. ABS or combined brake system (CBS) mandatory for engine capacity of≤125 ccm.

5Federal Motor Vehicle Safety Standard (FMVSS) No. 126 of the National Highway Traffic Safety Administration (NHTSA); refers to vehicles with a gross vehicle weight of ≤4.536 t.

6Federal Motor Vehicle Safety Standard (FMVSS) No. 138 of the National Highway Traffic Safety Administration (NHTSA); refers to vehicles with a gross vehicle weight of ≤4.536 t.

7CONTRAN 312/2009.

8Russia Decree 720/2009; refers to passenger cars, buses with a weight of ≤5 t and light trucks with a weight of ≤3.5 t.

9Source: Ministry of Land, Infrastructure, Transport and Tourism (MLIT) in Japan.

10Japan expected to adopt EU regulation. Final decision on timing pending.

11G/TBT/N/KOR/286 and MLTM Notification 2010-631 (Ministry of Land, Transport and Maritime Affairs).

›

mandatory as of Jan. 2012 for all new light vehicles¹¹

›

mandatory as of Jan. 2013 for all new passenger cars¹¹

Brazil

›Anti-lock brake system (ABS)

›

mandatory as of Jan. 2014 for all new passenger cars, after phase-in which began in 2010⁷

South Korea Russia

›

mandatory as of Jan. 2014 for all new types of light vehicles

›

mandatory as of Jan. 2016 for all new light vehicles⁸

›

mandatory as of Jan. 2016 for all new types of light vehicles⁸

Other emerging markets likely to follow EU/USA on ESC regulation

(25)

Region of the Americas

African Region

Eastern Mediterranean

Region

South-East Asia Region

Western Pacific Region European

Region

14.0 III. Continental Megatrend: Safety

Road Traffic Deaths per 100,000 Inhabitants by Region ¹

35 2009 2013

32.1 24.6

2009 2013

32.0

21.3

2009 2013

16.6 18.7

15.6 18.3

2009 2013 2009 2013

13.3 10.3 Total road traffic deaths 2013

¹

: 1.24 mn

16.1

Source: Global Status Report on Road Safety, World Health Organization (WHO) 2009 and 2013.

1Data based on framework created by the World Health Organization (WHO) for estimating road traffic mortality.

III. Continental Megatrend: Safety

Global Development of Active Safety Regulations & Ratings

36 ESC = Electronic Stability Control; FCWS = Forward Collision Warning System; LDWS = Lane Departure Warning System;AEBS = Advanced Emergency Braking System; CIBS = Crash Imminent Braking System

NCAP = New Car Assessment Program; EC = European Commission; NHTSA = National Highway Traffic Safety Administration (USA); MLIT = Ministry of Land, Infrastructure, Transport and Tourism (Japan); MLTM = Ministry of Land, Transport and Marine Affairs (South Korea)

decided

expected by Continental

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

AEB/LDWS 2013 Heavy commercial vehicles & buses >8 metric tons

AEB/LDWS 2014 Heavy commercial vehicles Regulation NCAP

Regulation NCAP

ESC 2008 Light vehicles

ESC 2011 Passenger vehicles

ESC 2012 Passenger vehicles

FCW and/or CIB Light vehicles

AEB/LDWS Passenger vehicles FCW/LDWS

2011 NCAP listing

AEB/LDWS 2014 NCAP star-rating

AEB/LDWS NCAP star-rating

(26)

› Adult Occupant Protection

› Frontal impact

› Car to car side impact

› Pole side impact

› Whiplash

III. Continental Megatrend: Safety Euro NCAP 5 Star Rating Requirements

37

› Pedestrian Protection

› Child Occupant Protection

› Safety Assist

› Electronic Stability Control

› Seat belt reminders

› Speed assistance System

› Traffic Sign Recognition will be included in the rating scheme by 2016 at the latest

› Starting 2014, autonomous emergency braking systems are included in the rating scheme. They are tested in three categories

› Pedestrian AEB

› Interurban AEB

› Urban AEB

Sources: Homepage Euro NCAP and AutoMotorSport– “Sind unsere Autos wirklich sicher” – July 11, 2012.

Testing categories

Full system or parts are produced by Continental

III. Continental Megatrend: Safety

History and roadmap for Accident-Free Driving

38

Partially Automated (2016) – Highly Automated (2020) – Fully Automated (> 2025)

AEB City

< 50 kph Parking Assist

Automated Parking

AEB

> 60 kph Driver

Distraction

Highway Assist

Stop&Go, Cruising, 0-130km/h Construction Site (highly automated)

City Stop&Go

Highway (highly automated)

Remote parking Construction Site Assist

2015 – 2016:

• ACC longitudinal/lateral

• Traffic Jam Assistant (highway)

• Lateral Collision Avoidance

• Emergency Steering Assistant

AEB Pedestrian

Inter-Urban Autonomous Driving

2015 2020 > 2025

AEB = Automatic Emergency Brake ACC = Adaptive Cruise Control

(27)

III. Continental Megatrend: Safety Future Automotive Trends

39

III. Continental Megatrend: Safety

Future Automotive Trends Require System Competence

40

Continental spent more than €100 mn in R&D for advanced driver assistance systems and automated driving. More than 1,300 engineers are working intensively on these topics.

!

Environment Vehicle

Driver

Radar Camera Laser

Ultrasonic sensors Digital maps Cooperative cars

Motor Brake Sensors

E/E architecture/bus Transmission Actuators

Attention management Interior camera Speech recognition Augmented reality head-up display

Backend

= Continental portfolio

(28)

III. Continental Megatrend: Safety

World Market Forecast ¹ for Driver Assistance Systems

41

World Market for Driver Assistance Systems (USD bn)

Products of Continental’s ADAS business unit Products of other Continental business units

1Source: Strategy Analytics, November 2013.

2System as defined by Strategy Analytics incl. wiring, connectors, displays etc.

6.0

18.8

2.5

5.6

9.5 2013 2016 2020

Market acc. Strategy Analytics ADAS market (BS, DW, LDW)

12.2 Selected

System

System Definition

²

Blindspot (BS)

Covers the blindspot between coverage offered by the central rear view mirror and the door-mounted mirrors

Distance Warning (DW)

Covers all distance warning systems that form the basis of either intelligent cruise control or collision avoidance systems

Lane Departure Warnings (LDWS)

Warns the driver if (s)he may be unintentionally driving out of the desired lane

Drowsiness Monitor

Warns the driver that (s)he has either fallen asleep, or is in danger of doing so

E-Call Telematics Automatically transmits an emergency call in case of an accident

Head-Up Display (HuD)

Displays most important driver information in the windshield of the vehicle

Parking / Reversing

Uses Ultrasonic and Radar Sensors as well as camera based parking aids

Night Vision Improves driver’s night vision by using any form of imaging system (normally viewed on a HuD)

III. Continental Megatrend: Safety Winter Tire Regulation ¹

42 Austria

Estonia

Finland

Germany

Europe: Winter tires mandatory or situationally mandatory

Latvia

Lithuania

Romania

Sweden Slovakia

Slovenia November 1 to April 15 when

winter weather conditions prevail

December 1 to end of February

November 1 to April 1

December 1 to March 31 when winter weather conditions prevail

Mandatory when winter weather

conditions prevail November 1 to March 31

November 15 to March 15 when winter weather conditions prevail

The snowflake symbol: This symbol can be displayed on a tire if it tests better than a reference standard tire with M+S² marking when ABS-braking on snow .

November 15 to March 31 when roads are snowy/icy

Norway

Mandatory when winter weather conditions prevail

Europe: Winter tires partly mandatory

Czech Republic

November 1 to March 31

France

Mandatory on certain roads – marked with signs

Italy Switzerland

Drivers may be held liable if they cause an accident with summer tires mounted when winter weather conditions prevail

Canada: Winter tires partly mandatory

1Source: Continental AG and websites of country ministries, automobile associations and ETRMA (European Tyre and Rubber Manufacturers' Association).

2Mud + snow. The M+S marking is given by the manufacturer and is not linked to a performance definition.

Mandatory in Québec December 15 to March 15;

mandatory on certain roads in the mountains of Canada when winter weather conditions prevail Canada

Turkey

December 1 to April 1 for commercially used vehicles Bosnia and Herzegovina

November 15 to April 15 when winter weather conditions prevail

Luxembourg

Macedonia

November 15 to March 15 when winter weather conditions prevail

Serbia

November 1 to April 1 Russia

Mandatory when winter weather conditions prevail Iceland

November 15 to April 1

Spain Bulgaria

Ukraine

November 1 to March 31

(29)

III. Continental Megatrend: Safety and Environment

Tire Labeling Initiatives in Europe, USA, Japan, South Korea and Brazil ¹

43

1Similar initiatives in Australia, China, Gulf countries, Israel, South Africa.

2Regulation (EC) No.1222/2009 of the European Parliament and of the Council and Commission Regulations (EU) No. 228/2011 and (EU) No.1235/2011. Also implemented in Norway, Switzerland and Turkey.

› Mandatory as of November 2012

› Applies to all tires sold.

Information to be shown:

rolling resistance (fuel efficiency), wet grip (braking performance on wet roads) and noise performance (external rolling noise).

Either directly on the tire by means of a label or in some other way

› Self-certification policy

› EU member states are responsible for market surveillance

› Final decision pending

› The NHTSA Tire Fuel Efficiency Consumer Information Program proposes to inform consumers about the effect of tires on fuel efficiency, safety, and durability

› The program aims to implement a national tire fuel efficiency rating system for replacement tires, with the information provided to consumers at the point of sale and online

Label proposed by NHTSA³

› Voluntary since 2010

› Introduced by JATMA⁴

› Applies to replacement summer tires for passenger cars;

includes information on rolling resistance and wet grip performance

› Tires with a grading of A and above for rolling resistance performance are defined as “fuel efficient tires” and are marked with an additional symbol (the lower of the symbols above)

› Mandatory as of November 2012

› Introduced by MKE⁵

› Applies to all tires sold in South Korea (OE and replacement) for passenger cars and light trucks; includes information on rolling resistance and wet grip performance

› The label has to be attached to the tread of each tire; for OE tires the information has to be provided in the car manual

› Registration of all products required

EU

²

USA

3

Japan

4

South Korea

5

Brazil

⁶

› Available as of April 2015

› Mandatory as of October 2016

› Introduced by INMETRO⁶

› Applies to all tires sold (with certain exceptions).

Includes information on rolling resistance, wet grip and noise performance

› Certification to be carried out by a product certification body accredited by INMETRO

3 Source: National Highway Traffic Safety Administration (NHTSA).

4Source: Japan Automobile Tyre Manufacturers Association (JATMA).

5 Source: South Korean Ministry of Knowledge Economy (MKE).

6 Source: National Institute of Metrology, Quality and Technology (INMETRO).

III. Continental

Tires: Key Initiatives 2001 – Vision 2025

44

Create Value

› Global footprint and business optimized

› Strong cost focus

› Global presence of CVT sustained (SAM/APAC)

› Turnaround of PLT business in NAFTA succeeded

› Worldwide technology gap to competition closed

Stage 1: 2001 – 2010

Sustain Value

› Accelerate global growth (focus on BRIC countries)

› Leverage cost position

› Improve technology position to establish among “Best In Class”

Stage 2: 2011 – 2015 Stage 3: 2016 – 2025

Continuous value creation is our driving force!

Enhance Value

› Balanced global footprint

› Benefit from excellent cost position

› Achieve podium position in

technology worldwide

(30)

III. Continental

Tires Sales and Growth Pillars – Supporting Elements of our Vision 2025

45