today and together, shaping a lighter future

1
TODAY AND TOGETHER,
SHAPING A LIGHTER FUTURE
2
SEIZING OPPORTUNITIES, JOINING FORCES
The clear leader in aluminium solutions, Sapa delivers:
A unique network and offering
Best practices from the extrusion businesses of Sapa and Hydro
Global reach and local presence
Leading process capacity and industry knowledge
Unmatched R&D expertise – to the benefit of all customers and partners
3
SHAPING A SUSTAINABLE FUTURE THROUGH
INNOVATIVE ALUMINUM SOLUTIONS
Value-added
profiles
Profile-based
building systems
Precision tubing
4
SAPA IN FIGURES
Presence in more than
World leader
40
countries
in aluminium solutions
100+ production units
20,000+ customers
~45,000 suppliers
NOK ~42 billion sales*
23,000
employees
* 2013, PRO-FORMA. ADJUSTED FOR CURRENCY, SALES OF APPROXIMATELY EUR 5.4 BILLION
5
100 YEARS OF COMMON KNOWLEDGE
2007
Aluminium profiles
joint venture
between Sapa and
Alcoa
1963
Sapa opens first
production facility in
Vetlanda, Sweden
1967
Sapa makes first sales
of manufactured
profiles
1971
Sapa opens first
extrusion company
outside Sweden, in
the Netherlands
1974
Sapa opens sales
office in Lillestrøm,
Norway
Hydro signs agreement with
Harvey Aluminum to build
its first aluminium operation
in Karmøy, Norway
2000
Sapa gets foothold in America
through acquisition of Anodizing
Hydro builds first
extrusion plant outside
Norway in Wales, UK
1986
Hydro doubles extrusion
capacity with acquisition of five
plants in Europe from Alcan
2005
Hydro moves into
Asia after building
tubing plant in
Suzhou, China
1997
Hydro moves into
South America after
acquiring Acro
Extrusaso de Metais
in Itu, Brazil
2009
Sapa acquires
Indalex
plants in USA,
Canada
2010
Sapa acquires 65% of
Vijalco and forms JV
with Ben Thanh Group
in Vietnam
2011
JV with Chalco in Asia and
acquisition of extrusion
plant outside Shanghai
2013
Orkla, Hydro create
Sapa, world’s largest
aluminium solutions
company
Operating revenues: EUR 5.4 billion
23,000 employees
Today
6
TOGETHER, WE ARE BETTER
20 casthouses
14
welding
lines
24 paint
lines
39
anodizing
lines
188
presses
7
LOCAL PRESENCE, AROUND THE WORLD
8
ALUMINIUM IS THE METAL FOR TODAY AND THE FUTURE
Due to its material properties, aluminium lasts longer than other materials when
used in an appropriate way
Aluminium is infinitely recyclable, without losing characteristics like stiffness,
strength and flexibility
The increased recycling of aluminium is important for resource preservation
New design trends include aluminium products – the potential is enormous
Greater urbanization, higher living standards, climate change and increasing
energy needs, call for efficient and sustainable aluminium solutions
Aluminium’s properties enable innovation and energy-efficient designs and
applications
Sapa solutions can reduce environmental impact – and we see no end in sight
GLOBAL MEGATRENDS – PREPARING FOR A
LOW-CARBON ECONOMY
Millions emerge from
poverty
Ever increasing demand
for energy
Climate change
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INNOVATIVE PRODUCTS NEED INNOVATIVE SOLUTIONS
Sapa works to deliver aluminium solutions that satisfy and surpass customer
expectations, in line with CSR demands and environmental regulations
We develop energy-efficient solutions that help reduce CO2 emissions and
lessen environmental impact
We drive product development through material substitution and through
solutions that combine aluminium with other materials
We design aluminium solutions that can reduce energy use by allowing more
natural light to enter buildings than constructions made with other materials
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INNOVATIVE SOLUTIONS,
ENDLESS OPPORTUNITIES
12
LIGHTER VEHICLES
Sapa considers environmental challenges when designing products and solutions
together with customers
Carmakers are meeting customer needs for added comfort and engine power by
taking weight out of vehicles, to reduce fuel consumption and CO2 emissions
Aluminium is replacing steel and copper in automotive applications every year,
for weight reduction as well as for its formability and energy-absorption qualities
Sapa is delivering innovative solutions that support the automotive industry in its
efforts to reduce greenhouse gas emissions
13
SUSTAINABLE BUILDING SOLUTIONS
Buildings that generate more energy than they use over their lifetime, is
becoming the benchmark for investors and architects in most climate zones
“Zero-energy” buildings, new and refurbished, represent a good and practical
solution to one of the biggest challenges society is facing
Sapa is the leading designer of energy-efficient and aluminum-based facades,
windows and doors
With the increased recycling of building components, Sapa is providing solutions
with a lower energy footprint and a better score in building classification systems
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A DEDICATED ORGANIZATION
Tom Melbye Eide – Legal
Salvador Biosca – Precision Tubing
Keith Jones – Extrusion Asia
Patrick Lawlor – Extrusion Americas
Svein Tore Holsether – President & CEO (and interim Building Systems)
Tolga Egrilmezer – Business Development
Erika Ahlqvist – Communication
Karl Eichinger – CFO
John Thuestad – Extrusion Europe
Lene Trollnes – Human Resources
15
BACK-UP SLIDES
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THE JV IS 50/50 OWNED BY ORKLA/HYDRO
Orkla
Extrusions, Welded/
Extruded Tubes,
Building Systems
Hydro
50%
50%
Extrusions, Precision
Tubing, Building
Systems
17
SAPA-HYDRO WAS COMPLETED AS ONE OF THE
LARGEST MERGERS IN 2013
Merger closed in 2013 before end of September
FTEs
GE & Lufkin Industries
309,400
Unilever & Hindustan
188,000
Comcast & NBC Universal Media
165,000
Nokia & Nokia Siemens Networks
156,198
Generali & Assicurazioni Generali
92,954
Buckeye Technologies & Georgia-Pacific
36,270
Virgin Media & Liberty Global
36,004
Cardinal Health & Assuramed Holding
25,500
Hydro & Sapa
23,000
Liberty Media & Charter Communications
19,900
SOURCE: DB SEPTEMBER 2013