Caxias do Sul – March, 2013.

CORPORATE PRESENTATION

This presentation contains future information. Such information is not simply historical

facts, but reflects the desires and the expectations of the Company’s leadership. The

words anticipates, desires, hopes, forecasts, intends, plans, predicts, projects, wishes and

similar ones, intend to identify affirmations that necessarily involve known and unknown

risks. Known risks include uncertainties that are not limited to the impact of the

competitiveness of the prices and services, market acceptance of services, the Company’s

service transitions and its competitors, the approval of regulations, currency, fluctuation in

the exchange rate, changes in the mix of services offered, and other risks described in the

reports of the Company. This presentantion is updated until the present date. However,

Marcopolo is not obligated to update it with new information and/or future events.

DISCLAIMER

Marcopolo as a Leading Player

Bus Market Overview

Corporate Governance

Operating & Financial Highlights

Sustainability

Marcopolo Corporation

Product Line

OUTLINE

Volare Business

26.0% Return On Equity in 2012

HIGHLIGHTS 17.0% Return on Invested Capital in 2012

Market Value Added oriented Company

PRODUCTS

State-of-the-art technology

Integrated production of nearly all parts used in manufacturing process

Complete product line: coaches, transit buses, midi, micro & minibuses

Founded in 1949, Marcopolo has more than 63 years in the business

OVERVIEW Four factories in Brazil and fourteen abroad

MARCOPOLO’S PROFILE

Over 20,000 employees in Brazil and abroad

BUS BODY

(chassi manufacturers)

CHASSI

VOLARE - COMPLETE VEHICLES

UNDERSTANDING OUR PRODUCT

5

EGYPT

SOUTH AFRICA

COLOMBIA

MEXICO

INDIA

CHINA

ARGENTINA

BRAZIL

(components)

2011 = 1,234

2012 = 1,571

2013g = 1,800

2011 = 1,049

2012 = 807

2013g = 800

2011 = 21,189

2012 = 19,483

2013g = 21,000

2011 = 1,293

2012 = 747

2013g = 800

2011 = 213

2012 = 250

2013g = 500

2011 = 240

2012 = 244

2013g = 300

2011 = 6,308

2012 = 7,759

2013g = 9,500

MARCOPOLO’S TOTAL

PRODUCTION

2011 = 31,526

2012 = 31,296

2013g = 35,200

g = expectation of the guidance for each year.

All figures are related to Marcopolo’s stake in each business.

AUSTRALIA

2012 = 435

2013g = 500

RUSSIA

(Commercial JV)

STRATEGIC POSITIONING

6

CANADA

USA

21,81119,384

27,580

31,526 31,296

35,200

2008 2009 2010 2011 2012 2013 E

Domestic Market External Market

-0.7%

46%

54%

40%

60%

39%

61%

37%

63%

38%

62%

Consolidated Production 2012

*E = expected

MARCOPOLO’S PRODUCTION (Units)

7

2,532.2

2,023.8

2,964.53,368.9

3,817.1

4,300.0

2008 2009 2010 2011 2012 2013 E

Domestic Market External Market

36%

64%

27%

73%

30%

70%

32%

68%

39%

61%

Total Consolidated Net Sales - 2012

+13.3%

*E = expected

MARCOPOLO’S NET SALES (R$ MM)

8

Marcopolo as a Leading Player

Bus Market Overview

Corporate Governance

Operating & Financial Highlights

Sustainability

Marcopolo Corporation

Product Line

OUTLINE

Volare Business

Founded in 1957

Volare Production started in 1998

Production Capacity: 7,500 units/year

2012 Production: 4,665 units

2012 Net Revenue: R$ 761.0 million

New facility in Brazil with annual

capacity of 1,000 units/year is expected

to go online in the second half of 2013.

ABOUT VOLARE

10

3,048 2,988 2,879 2,855

3,159

5,070

3,6233,896

4,8704,665

0

1000

2000

3000

4000

5000

6000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

VOLARE’S PRODUCTION (Units)

11

-4.2%

MARKET SEGMENTATION

12

0%

10%

20%

30%

40%

50%

60%

School Buses Tourism/

Chartering

City Government's

Sales

Training Center

7%

36%

10%

39%

7%7%

45%

8%

34%

6%8%

51%

9%

26%

6%6%

37%

5%

48%

4%

2009 2010 2011 2012

Marcopolo as a Leading Player

Bus Market Overview

Corporate Governance

Operating & Financial Highlights

Sustainability

Marcopolo Corporation

Product Line

OUTLINE

Volare Business

21,381

25,280

26,983 27,952

32,027

35,410

25,645

33,395

35,989

33,080

32.8%

35.4%

46.9%

34.1%31.6%

28.9%

17.7%15.3%

11.7%13.5%

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Brazilian Production Exports

-8,1%

SOURCE: Fabus – does not include Volare’s production.

BRAZILIAN BUS BODY PRODUCTION (Units)

14

320.2 335.2 353.6

375.7 401.0

424.1 452.0

486.6

13.1

14.313.6

13.813.9

14.114.5

14.7

2004 2005 2006 2007 2008 2009 2010 2011

Total Fleet (thousand units) Average Fleet Age (years)

Total Fleet & Average Age

SOURCE: Fenabrave and Denatran.

BRAZILIAN BUS FLEET

15

47.0% 45.9%

42.8%

39.2%

44.7%

43.0%41.7%

46.3%45.7% 45.2%

0%

10%

20%

30%

40%

50%

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

MP/Ciferal

Busscar

Caio/ Induscar

Comil

Neobus

Mascarello

Other (*)

SOURCE: Fabus/Simefre.

(*) Irizar, Metalbus.

MARKET SHARE IN BRAZIL (%)

16

• Events in Brazil

2013 – FIFA Confederations Cup

2014 – FIFA World Cup / Federal and State level elections

2016 – Olympic and Paralympic Games / Municipal Elections

• Growth Drivers / Opportunities

– GDP Growth;

– Investments in BRTs and public transit systems: 2,500 up to 3,000 units estimated demand;

– New order to produce up to 4,100 school buses related to the “Caminho da Escola” program (school buses), in additional to new orders from the previous contract;

– Extension of FINAME – PSI 4: interest rate at 3.5% (p.a.) for requests registered from January to June and 4% (p.a.) from July to December;

– Global Sourcing;

– School Bus program for urban areas;

– Government incentive plans: “Reintegra” (until 2013) and pay roll tax cuts (until 2014);

– Payroll tax break benefit to the bus operators starting January, 2013;

– Bidding for regular interstate and international lines to be published until the end of March.

OUTLOOK

17

• Targets/Goals

– #1 or #2 in every country in which we have factories

– Premium prices

– Lowest production cost

• Threats

– Strong exchange rate appreciation

– Regional airlines

– Trains/subways

– Cars/motorcycles

OUTLOOK

18

Marcopolo as a Leading Player

Bus Market Overview

Corporate Governance

Operating & Financial Highlights

Sustainability

Marcopolo Corporation

Product Line

OUTLINE

Volare Business

46.2 44.7 45.3 45.7 45.2

4Q11 3Q12 4Q12 2011 2012

Marcopolo’s Market Share in Brazil

Marcopolo’s Total Production

*E = expected

-0.5pp +0.6pp

4Q11 3Q12 4Q12 2011 2012 2013 E

40%

7,339 8,394 8,291

35,200

-12.6%

31,296 31,526

-0.7%

DM

EM 54%

48%

36%

65%

60%

40%

60%

52%

46%

35%

64%

TOTAL PRODUCTION (units)

& MARKET SHARE (%)

4Q11 3Q12 4Q12 2011 2012 2013 E

Total Net Revenues

Gross Profit and Margin

+10.9%

948.7

4,300.0 +13.3%

956.7 1,061.2

3,368.9

3,817.1

34% 26%

74%

41%

36%

64%

66%

73%

27%

59% DM

EM

226.3190.1

227.2

741.7776.0

23.9%19.9% 21.4% 22.0% 20.3%

4Q11 3Q12 4Q12 2011 2012

+4.6%

+19.5%

FINANCIAL HIGHLIGHTS (R$ Milllion)

*E = expected

141.1

106.2130.4

464.1

439.8

14.9%11.1% 12.3% 13.8%

11.5%

4Q11 3Q12 4Q12 2011 2012

EBITDA and Margin

Net Profit and Margin

-5.2%

+22.8%

113.4

69.2

94.1

344.0

302.4

12.0%7.2% 8.9% 10.2% 7.9%

4Q11 3Q12 4Q12 2011 2012

+36.0%

-12.1%

FINANCIAL HIGHLIGHTS (R$ Milllion)

Net Equity & ROE

ROIC (%)

36.0%29.9%

26.0%

36.0%

26.0%

4Q11 3Q12 4Q12 2011 2012

+11.9% +1.9%

1,162.1 1,276.1 1,299.9 1,299.9

1,162.1

23.4

18.9

17.017.0

23.4

4Q11 3Q12 4Q12 2011 2012

-6.4pp

-1.9pp

FINANCIAL HIGHLIGHTS (R$ Milllion)

2008 2009 2010 2011 2012

Investments

Net Indebtedness

Net Debt (Industrial

Segment)/LMT EBITDA

*E = expected 4Q11 3Q12 4Q12 2011 2012 2013 E

+271.1%

+309.9%

200.0

74.7

17.1

70.1

11.6

277.2

+74.9%

745.7

508.4

811.3

1.7x 0.5x

= Financial Segment = Industrial Segment

709.6

1.1x - -

463.9

FINANCIAL HIGHLIGHTS (R$ Milllion)

Marcopolo as a Leading Player

Bus Market Overview

Corporate Governance

Operating & Financial Highlights

Sustainability

Marcopolo Corporation

Product Line

OUTLINE

Volare Business

SHAREHOLDERS

FISCAL COUNCIL

IR DIRECTOR

EXECUTIVE COMMITTEE

CEO

BOARD OF DIRECTORS

INTERNAL AUDIT

EXTERNAL AUDIT

COMMITTEE OF:

• HR AND ETHICS

• STRATEGY AND INNOVATION

• AUDIT ANS RISK

ORGANIZATION CHART

26

Independent Board Members (4 out of 7)

Fiscal Council

Support Committees: Human Resouces & Ethics; Audit & Risks; Strategy & Innovation; and

Executive

Independent External Audit

Tag Along (100% Common and 80% Preferred shares)

BM&FBovespa Corporate Governance Level 2 since 2002

Financial Statements in IFRS

Code of Conduct

Disclosure and Negotiation Policy

Participation in the BMF&Bovespa IBrX, IGC, SMLL, INDX, IDIV, ITAG indexes and MSCI

Heirs’ Succession Plan

Marcopolo adopts corporate governance best practices, following the principles of transparency,

accountability, social responsibility and equitable treatment of shareholders.

CORPORATE GOVERNANCE

27

Common Shares

As of December 31st, 2012.

SHAREHOLDING DISTRIBUTION

28

65,9%

15,2%

13,0%2,2% 3,7%

Preferred Shares

As of December 31st, 2012.

53.0%

23.2%

5.6%

16.2%1.1% 0.9%

SHAREHOLDING DISTRIBUTION

29

448.450.042 Total Shares

277,637,170 PN Shares

170,812,872 ON Shares

Free Float: 74.2% (outstanding shares)

Market cap on December 31st, 2012

R$ 5.8 billion

CORPORATE STRUTURE

30

12/29/2011 3/29/2012 6/29/2012 9/29/2012 12/29/2012

Marcopolo PN x Ibovespa - Base 100

POMO4: +81.9%

IBOV: +7.4%

STOCK PERFORMANCE

31

R$ 7.09

56,754 pts

R$ 12.90

60,952 pts

0

1000

2000

3000

4000

5000

6000

7000

-

5,0

10,0

15,0

20,0

25,0

30,0

Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12

Ma

rke

t C

ap

(R

$ M

illio

n)

Av

era

ge

Da

ily V

olu

me

(R

$ M

illio

n)

Average Daily Volume (R$ MM) Market Cap (R$ MM)

Marcopolo PN - POMO4

SHARE LIQUIDITY & VALUATION

32

120.5

146.5

134.4 136.5

295.8

344.0

302.4

50.4

75.0

52.171.8

150.0

166.1

143.1

42%

51%

39%

53%51%

48% 47%

2006 2007 2008 2009 2010* 2011* 2012*

Net Profit (Company) Dividends Pay Out (in%)

AVERAGE PAY OUT: 47%

* 2012 until 2010 Net Profit according to IFRS standards.

SHAREHOLDER REMUNERATION

33

Marcopolo as a Leading Player

Bus Market Overview

Corporate Governance

Operating & Financial Highlights

Sustainability

Marcopolo Corporation

Product Line

OUTLINE

Volare Business

Source: www.transportdirect.info. ABRATI e ANAC.

CO2 EMISSION COMPARISON

WHICH WAY IS SUSTAINABLE?

36

Marcopolo as a Leading Player

Bus Market Overview

Corporate Governance

Operating & Financial Highlights

Sustainability

Marcopolo Corporation

Product Line

OUTLINE

Volare Business

BUS BUSINESS UNITS

38

Ana Rech – Caxias do Sul-RS

Planalto – Caxias do Sul-RS

Neobus – Caxias do Sul-RS

Ciferal – Duque de Caxias - RJ

Marcopolo Auto Components C.O.LTD.

Superpolo – Cota

Polomex – Monterrey

Metalsur – Santa Fe

Metalpar – Lama Hermosa

Volgren – Newcastle - Australia

Volgren – Perth - Australia

Tata Marcopolo Motors LMTD

Dharward - India

Tata Marcopolo Motors LMTD

Lucknow - India

Volgren – Melbourne - Australia

Volgren – Brisbane - Australia

GB Polo – Suez - Egypt

Headquarters/Winnipeg

St. Cloud

TCB Enterprises, LLC

Crookston MASA – Johannesburg

South Africa

Marcopolo as a Leading Player

Bus Market Overview

Corporate Governance

Operating & Financial Highlights

Sustainability

Marcopolo Corporation

Product Line

OUTLINE

Volare Business

PRODUCT FAMILY

40

Carlos Zignani

Investor Relations Director

carlos.zignani@marcopolo.com.br

Tel: +55 (54) 2101.4115

Thiago A. Deiro

Investor Relations Manager

thiago.deiro@marcopolo.com.br

Tel: +55 (54) 2101.4660

www.marcopolo.com.br/ir

ri@marcopolo.com.br

INVESTOR RELATIONS CONTACTS