Allison Transmission Holdings, Inc. · NYSE:ALSN

Allison Transmission — Merger or Acquisition (April 2019)

12 slides from Allison Transmission's merger presentation, April 2019

  1. Slide 1: Acquisitions of Vantage Power and AxleTech Electric Vehicle Systems

    Acquisitions of Vantage Power and AxleTech Electric Vehicle Systems April 2019 1

  2. Slide 2: Transactions Summary

    Transactions Summary Allison acquired Vantage Power (VP) • Transaction Price: approximately £7 million ($9 million) • Potential to pay up to an additional approximately £6 million ($8 million) over the next three years based on specific conditions being met • Cash consideration for 100% stock sale •

  3. Slide 3: Business Overview (Vantage Power)

    Business Overview Vantage Power designs and manufactures vehicle electrification and connectivity technologies applicable to a broad range of commercial end markets. VP is recognized as a leader and pioneer in the United Kingdom electrification and connectivity ecosystem. • West London based, award

  4. Slide 4: Technologies Portfolio

    Technologies Portfolio Hybrid and Electric System Design and • Highly-developed integrated solutions for hybrid and electric propulsion systems Integration • Large and complex programs with OEM and tier one manufacturers • Design, test and validation, rapid prototyping and battery pack pilot manufac

  5. Slide 5: Acquisition Benefits

    Acquisition Benefits • History of innovation in components and sub-systems complement Allison’s strengths in electrified propulsion • Highly skilled, experienced and specialized engineers and operational staff • Complements Allison’s integration expertise with battery systems, vehicle control system

  6. Slide 6: Business Overview (AxleTech EVS)

    Business Overview AxleTech’s Electric Vehicle Systems division designs and manufactures fully integrated electrified-axle propulsion solutions for medium- and heavy-duty trucks and buses. • Fully integrated electrified solutions designed to fit between the wheels, with adoption by broad customer bas

  7. Slide 7: Commercial Truck and Bus Solutions

    Commercial Truck and Bus Solutions • Line of fully integrated electric axles designed to fit between the wheels of medium- and heavy-duty trucks and buses • Allison’s latest electrified bolt-in solution is compatible within the current vehicle frame, suspension, wheel-ends, and OEM vehicle assembly

  8. Slide 8: Transit Bus Solutions

    Transit Bus Solutions • Line of fully-integrated electric axles designed to fit a variety of transit configurations, including low and ultra-low floor, articulated, double-decker and conventional chassis • Bolt-in solution, available in single- and multi-speed options, requiring no modifications to

  9. Slide 9: Acquisition Benefits

    Acquisition Benefits • Portfolio of highly integrated electric axles for medium- and heavy-duty truck and bus applications • Global customer relationships and active OEM programs • Talented, cross-functional and experienced engineering team • Collaborative efforts facilitated thorough knowledge of t

  10. Slide 10: Acquisitions Strategic Fit

    Acquisitions Strategic Fit • Extends Allison’s position as a leader in propulsion for medium- and heavy-duty commercial vehicles • Augments Allison’s portfolio of products to provide a full range of propulsion solutions • From conventional powertrains and alternative fuels to electric hybrid and ful

  11. Slide 11: Leader in Commercial Propulsion

    Leader in Commercial Propulsion Allison’s addressable market is a complex application space due to vocational fragmentation, requiring a range of propulsion solutions where we are a natural supplier • Internal Combustion Engines • Alternative Fuels with proven performance and a funded infrastructure

  12. Slide 12: Safe Harbor Statement

    Safe Harbor Statement The following information contains, or may be deemed to contain, “forward-looking statements” (as defined in the U.S. Private Securities Litigation Reform Act of 1995). The words “believe,” “expect,” “anticipate,” “intend,” “estimate” and other expressions that are predictions

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