ITOPS AUTOMOTIVE Inc.

ITOPS AUTOMOTIVE INC. Profile

‘Innovation for smart vehicles’

CONTENTS

Company Profile

Mission / Vision / Core Values

History

Organization

Technology

Sales status & plan

Quality Management

Production line

Equipment & facility

Key customers & asset

2/19

3/19

1. Company profile

Young & Creative Company, Hidden Future Champ!

ITOPS AUTOMOTIVE Inc.

KIM, Koohyun

37, Cheoldobangmulgwan-ro, Uiwang-si, Gyeonggi-do, 437-718, S. Korea

700,000 USD

52

Dec. 7th, 2011

Automotive Parts (sensors, actuators, solenoids)

www.itops.co.kr / itops@itops.co.kr

Tel: +82-31-689-5407 Fax : +82-31-689-5415

Company name

Established

CEO

Capital

Location

Employee

Business Areas

Contact

Web / e-Mail

2. Mission / Vision / Core Values

Vision Dynamic ITOPS 1000 (100million USD sales company with a dynamic growth)

We contribute to a safe and convenient automotive technology via smart vehicle parts with a excellent technology and quality. Mission

Core Value

TRUST

SPEED

MASTER

ACTION

RELATIONSHIP

Speedy solution provider

Master in every field

A strong executive action

Trustworthy Partner

4/19

Rapport relationship for cooperation

3. History

ITOPS AUTOMOTIVE is growing together with customer

ITOPS AUTOMOTIVE Inc.

5/19

12. ITOPS AUTOMOTIVE Inc. established2011

201206. AHLS first mass production started (Sorento and SantaFe)04. ISO 9001 Certification

2013

11. Expansion of AHLS production (Genesis)07. Registration of Corporate Affiliated R&D03. Certified as a venture company

2014

2015

11. Active Hood production expended (Aslan, new Sorento, new Carnival)

09. ISO/TS 16949 Certification06. Active Hood production expended (All new Tucson)

4. Organization

Professional and efficient organizational operations of ensuring competitiveness.[people]

Ranks

Executive G/Manager ManagerAssistant manager

Staff Production Total

3 5 5 6 7 26 52

• Production

control &

Manufacturing

• Production

technology

• Production

support

• Domestic/

Oversea sales

• Purchasing/

Material

management

• Supply chain

management

• Financial

management

• Accounting /

Finance

• HR / Secretary

• Quality control

& Assurance

• Quality

Management

• Sensor design

• Electronic Control Unit

design

• Advanced technology

research

• Participation of Government

research project

• Mechanism design

- Actuator

- Solenoid

• Reliability Assessment

6/19

PRESIDENT & CEO

Kim, Koohyun

R&D Center

Lee, Dae YubDeputy Managing Director

Management Planning Dept.

Hong, Sung WookDeputy Managing Director

R&D Team 1 R&D Team 2 Quality TeamProduction

TeamSales&Purchasing

TeamManagement Support Team

roles

Executive Research Management Manufacture Total

3 11 12 26 52

7/19

AHLS : Active Hood Lift System

AHLS System Configuration

[Pedestrian detection & control unit]

[Pyrotechnic actuator]

The active hood lift system can reduce the head injury of pedestrian in a collision.※ Record proven safety system decreases pedestrian fatal casualty over 78%

③Actuator operate to lift up the hood

④Absorb collision energy &

Protection

②Decision at ECU①1st collision

5. Technology

Mass production Vehicle SOP Mass Production SENSOR & ECU Actuator

Santa Fe (DM) ‘12.06 36,000

Assembly : PHA Main parts : ITOPS

Mechanical typeAssembly : PHA

Main parts : ITOPS

Sorento (XM) ‘12.07 28,000

Genesis (DH) ‘13.12 33,000

All New Carnival(YP) ‘14.06 26,000

All New Sorento (UM) ‘14.09 76,000

Pyrotechnic type Assembly : ITOPSAslan (AG) ‘14.10 28,000

Tucson (TL) ‘15.05 147,000

CK / IK ‘17 36,000

TOTAL 410,000 Vehicles/Annual

<EURONCAP>

8/19

Mass production reference (Active Hood Lift System)

5-1. Technology

① Inductive sensor type

- 2 axis sensing (X-Y)- Robust against magnetic field

interference- Reasonable price

[Inductive sensor module]

Sensor & ECU1

5-2. Technology

CAN ACTR control

TCU

① Motor driven actuator- Simplifying the structure- No change in the existing

transmission- price competitiveness

[SBW Actuator]

SBW Actuator2Electronic Lever SBW Actuator

9/19

Shift-by-Wire System

The device designed to improve vehicle transmission shift lever controls by electric signals with vehicle electronics which has been previously controlled by mechanical wire and kinetic shift motion.

Emergency vehicles parking function is built to prepare many situation like battery discharging. (lever move to P position)

1. OVERVIEW

Blocking the battery power supply

when the accident occurred to

prevent fire due to the high current

short circuit.

The device cut off the power

supply with the pyrotechnic device

which triggered by electrical signal

when vehicle occurs external

shocks (Airbag operation),

overcurrent (short circuit).

[Pyrotechnic Safety Switch]

Pyrotechnic Safety Switch2

PCB ASSY (door latch/ Shift Lever)- Apply a non-contact sensor (HALL/INDUCTIVE)

Solenoids and actuators- High-speed, high suction

power, water solenoid- Stroke / force-tunable

The tailgate / Boot lid switch- Waterproof and dustproof- Ensuring repeat durability

OTHER PARTS3

Mounted on side of Tail gate and

prevent damage of passenger or

any object to be pinched by Tail

gate.

The change of resistance generated

when the conductive material of

the sensor contacted by the

external obstacle. → Send signal to

PSD/PTG ECU

APS(Anti Pinch Sensor)1

5-3. Technology

10/19

▣ Other electrical parts and sensor products

5-4. Patent status

Technology patent status

Patent Field Title of patent Status Remark

Automotive safety system

Lift device of active hood system Registered

Sensor & Control module

The impulse sensing module sensor systems and active hood system using the same

Registered

Non-contact type shift lever position sensing and control module Registered

The shift lever position sensing and control module Registered

Inductive sensor type position detection device Pending

Actuator

Pyrotechnic hood lifting modules and using the same car for pedestrian protection

Registered

Pyrotechnic actuator for pedestrian protection Pending

Pyrotechnic hood lifting module automotive Pending

Solenoid Solenoid current delay device Pending

Sensor, Actuator Technology patent registered & pending

11/19

Enlarge domestic and overseas market sales in AHLS

Target automotive smart electronic parts mass production

Achieve sales 100 million USD by year 2020

Dynamic ITOPS 1000

12/19

0.00

20.00

40.00

60.00

80.00

100.00

120.00

'12 '13 '14 '15 '16 '17 '18 '19 '20

0.70

19.50

34.06 38.00

48.00 55.00

63.00

0.00 0.50

0.50

5.94

17.00

26.00

34.00

39.00

Electrical parts

AHLS

Sales transition and Plan

1.5 2.57.5

20

40

550

74

89

102

6. Sales status & plan

(Assume 1000 KRW = 1 USD)(UNIT, Million USD)

7. Quality Management

2

Securing design quality Verified robust design based

on actual test Intensify design review Reliability Assessment &

Performance verification

3 Step-by-step parts quality

verification Production process

management through continuous improvement

Securing parts quality

4

Reinforce competence

Company-wide quality awareness reform

Potential quality weakness prevention activities

Quality Assurance empowerment

1

Securing customer oriented

considering customer's requirement as Top priority

realize customers satisfaction based on perfect quality

Best Quality, Beyond Customer Satisfaction

Actualize customer satisfaction through best quality product

Quality strategy

13/19

7. Quality management

SQ-MARK follow-up

The internal audit

system

Keeping system

certificationQuality Status

Quality Systems Innovative activity

Customer Quality

Status

New model quality securement

Claim analysis &

assessment

New model quality securement & activities for claim reduction

’14 ’15

23

8

Process Quality

Status

Manufacturing/ product

audit

Daily quality meetingProcess improvement

status

Production process quality improvement activity

110

9

Thorough part

inspection

Enhanced reliability

verification

Periodic inspection

Parts quality status

Parts quality assurance activities

’’14 ’15

33

5

14/19

’14 ’15

[PPM][PPM]

[PPM]

8. Production line

Fool PROOF Applied Main production process

Automated inspection equipment for finished product- conduct automated inspection for function, missing and metamorphosis

- After performance test attach acceptable finished product identification marks ☞ Barcode prints

Operates Clean room for production line & finished product warehouse- Constant temperature and humidity control facilities & air shower installed

Building anti-static environment for manufacturing electronic component- Adopt Bench, Antistatic shoes and workwear for static prevention

Managing cleanliness through operating clean room in production line

2

Prevent in advance defects parts applying F/PROOF on each stage of production process

1

15/19

9. Equipment & facilities

High-Speed Cameras

Tension and Compression Testing Machine

(Chamber piece / stand-alone)

Thermal Shock Test Chamber

Temperature& Humidity Chamber

Salt Spray Testing Machine

3D Measuring Machine

Painting Thickness tester

Electronic Microscope Tools

ITOPS possesses testing & measuring equipment to ensure

The best quality and product reliability.

16/19

9. Equipment & Facilities

Solenoid Performance Tester

Pedestrian Sensor Automated Inspection Machine

The Optical Module Inspection Machine

Deployment Actuator Tester Actuator Load Tester

17/19

Registered patents & quality certification from both public and private authorities

for excellent technology & The best quality assurance

18/19

11. Qualification & Certification

‘Innovation for smart vehicles’