Mors Smitt Group - Serving Safety

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Mors Smitt Group

Mors Smitt Group - Serving Safety Mors Smitt France SAS Mors Smitt B.V. Mors Smitt UK Ltd. Mors Smitt Technologies Inc. Mors Smitt Asia Ltd. Zhongshan Mors Smitt Relay Ltd.

Mors Smitt Group Dear stakeholders, Proudly I present to you our corporate brochure, providing an overview of our activities. We have made tremendous progress in establishing ourselves as a worldleader in railway relays and related technologies and have a leading role in the industrial relay technology and maritime bridge instrumentation. We have achieved a lot, thanks to your trust and confidence in our organisation, products and capabilities. Our guiding principles are: Customer service first Never compromise on quality and safety Continuously invest in technology and innovation Focus on LEAN manufacturing Commitment to sustainable developments, complying to the environmental imperative Always listening carefully Recent developments in the area of railway energy management solutions and maritime bridge instrumentation will help us to strengthen our market positions and contribute to sustainable growth. We are looking forward listening to you and learn about your specific needs. Arne Wijnmaalen Group Managing Director 5

Mission To our clients - we seek to be a competent, cost-effective, reliable and creative partner in business supplying the highest quality and always serving the interest of user safety. To our employees - we seek to invest best efforts in training, career development, job satisfaction and fair remuneration. To our suppliers - we seek to be honourable, trusted and long term partner in business. To the technical authorities - we seek to constantly exceed the standards laid upon the products and services relevant in our sector of industry. To the outside world - we seek to be a model of integrity, quality, environmental responsibility and technical expertise - a good citizen sensitive to community welfare. To our shareholders - we seek to derive optimal return on capital, sustainable profits and ensure the long term health and continuity of the company. In all we undertake we seek to optimize safety for all above constituencies. Values People - Treat people with respect and dignity. Welcome diversity and diverse opinions. Help our fellow employees to improve their skills. Recognize and reward accomplishments. Foster teamwork and collaboration. Integrity - Be honest, forthright and trustworthy. Respect ethics, law and regulations. Commitment - Honor commitment to customers, shareholders, community and each other. Accept personal responsibility to meet commitments; be accountable. Excellence - Improve performance continually. Emphasize quality, productivity growth, best practices and measurements. Always strive to be the best. 7

Global supplier 3 5 8 5 2 1 6 7 4 Mors Smitt, a trusted partner in the supply chain World wide availability of company products is assured by a network of professional, trained and dedicated subsidiaries, distributors and agents offering local service and support. Sales locations 1. Mors Smitt France SAS, Paris - France 2. Mors Smitt B.V., Utrecht - the Netherlands 3. Mors Smitt Technologies Inc, Buffalo Grove, IL - USA 4. Mors Smitt Asia Ltd, Hong Kong 5. Mors Smitt UK Ltd, Cradley Heath, United Kingdom Engineering & manufacturing locations 5. Mors Smitt France SAS, Sablé sur Sarthe - France 6. Mors Smitt B.V., Utrecht - the Netherlands 7. Zhongshan Mors Smitt Relay Ltd, Zhongshan - P.R. China 8. Mors Smitt UK Ltd., Cradley Heath, United Kingdom

R Mors Smitt Group - A short review 1898 1925 Société d électricité Mors (Société et automobiles Mors d électricité) 1900 1984 1990 Netherlands Instrument Factory 1902 Smitt 1851 1960 Dardel acquires MS Relais Nieaf-Smitt Dardel acquires Nieaf-Smitt 1996 2001 2006 2011 2012 Mors Smitt International Mors Smitt Holding 2004 STS Rail MSH acquires STS Rail -> Mors Smitt UK Wabtec Corporation acquires MSH -> Mors Smitt Group Tyer Field & Grant Ltd R Friction Group Transit Group Freight Group Locomotive & Electronics Group MORS SMITT GROUP MSH SAS Mors Smitt France Paris, France Mors Smitt Technologies Buffalo Grove, USA Mors Smitt Utrecht, The Netherlands Companies People: 360 Mors Smitt France Sablé-sur-Sarthe, France Mors Smitt Asia Hong Kong Mors Smitt Utrecht, The Netherlands Mors Smitt UK Cradley Heath, United Kingdom Zhongshan Mors Smitt Relay Zhongshan, P.R. China 9

Mors Smitt Group Railway Technology - Rolling stock - Signalling infra structure Mors Smitt serves the rolling stock industry with components such as relays, safety critical electronics and complete measuring and control solutions. The needs of the signalling / infrastructure industry are served with signalling relays, protection & test equipment. Industrial Technology - Industry - Installation - Maritime Serving the maritime, manufacturing, power generation and installation domains with proven reliable relays, panel indicators, test & measuring and climate control equipment. Products and solutions that work unquestioningly over a long effective life.

Sales trends mln 60 50 40 30 20 10 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2011 ratio Total sales 45 mln Railway Signalling 24 % Railway Rolling stock 58% Industry 18 % 11

All equipment is designed, tested and manufactured in compliance with the strictest international standards and always with reliability and safety in front of our mind

Railway Technology Railway s role in the world continues to grow fast due to economic development, environmental awareness, increasing energy prices, growth in urban population and growing international trade and passenger traffic. The railway world is characterized by a tough and uncompromising working environment. This is the world in which Mors Smitt has invested best efforts - parts and components that work unquestioningly, offer long effective life and low lifecycle cost. Mors Smitt is a global supplier for all the world s train builders and railway operators and is proud of its installed base of more than 6 million relays. We serve two main sectors: Rolling Stock For the rolling stock sector (railway vehicles) Mors Smitt offers solutions for applications such as door control, HVAC control, driver desk equipment and energy measurement. Since rolling stock manufacturers are acting increasingly as system integrators we offer solutions from high dependability components and modules to complete subsystems. Our offer: World s widest relay range Protection components - Protection relays - Transducers based on hall-effect technology - Miniature circuit breakers Traction energy measuring solution Integrated electrical solutions Train protection systems (TPWS, alarm indicators) Speedometers and panel indicators Electronic door control units Signalling / infrastructure The signalling / infrastructure sector is served with systems that ensure factors as full signal integrity, automatic train protection, energy distribution and control. Mors Smitt also provides trackside safety with sophisticated test equipment to ensure required system safety and reliability. Our offer: Signalling relays (N.S1, Q-style BR930, B1/B2-types) Safety critical relays Protection components Retrofit & replacement solutions Maintenance & test equipment Re-calibration, re-certification of signalling relays 13

Industrial Technology The focus in our industrial activities is on safely satisfying the needs of demanding segments such as power generation, transmission & distribution, petro-chemical and water treatment plants, mining, shipbuilding and installation and building automation. For decades these industries have been growing and changing for many reasons: economic growth in developing countries, focus on environmental friendly power generation and fail safe operation, ongoing upgrading, modernization and technical refinement, worldwide international trade boosting the shipbuilding industry. Business interrupts in these segments are not an option and the need for ultra-reliable proven products and solutions is mandatory. Mors Smitt has been recognized for decades as supplier of dependable products and services in these industrial segments. In several geographical areas in the world a trusted and dominant market position has been achieved. Company strategy for industrial Mors Smitt business is based upon further responsible development and expansion of its high quality components in the many current sectors it serves. To keep offering the industrial sector the support it is demanding, Mors Smitt focuses the skills, talents and experience of its staff in three main industrial activities: Industry Auxiliary, trip and supervision relays Protection relays Test block & plug systems Arc fault monitoring systems Industrial sensors / transducers Industrial plug-in power relays General purpuse relays Surge protection devices (SPD) Installation Portable test & measuring equipment for installation and appliance safety Maritime Bridge (wing) instruments Control (rudder) room instruments 15

Core competence R&D - listening carefully After listening carefully to clients and understanding their needs, research, development and design are the critical trilogy in the Mors Smitt creative services package. Close cooperation with clients identifies all performance and safety factors important to reliable component and system operations. Experienced staff (35 engineers), driven by pride and commitment, think pro-actively and are versatile in approach. They are equipped with the latest support hard- and software to convert client requirements into ultra-reliable practical products. No compromises No compromises are made to deliver high MTBF components that serve clients beyond the promised lifetime. Ease of installation and replacement, elegance in appearance, intuitive operation, complete management control and 100% testing with unique test protocols lead to unquestioned reliability and certification to the very highest industry standards. Proactive project management Proactive project management mandates close teamwork, precise flow charts, the acceptance of responsibilities, open communication and smooth implementation. Type testing and commissioning are undertaken by the same committed engineers who have signed off on design and product integrity. Nothing is left to chance. Its our intention is to offer peace of mind to our customers. The environmental imperative The work Mors Smitt companies undertake is not only with a clear eye directed at reliability, dependability, safety and cost effectiveness, but also to the demands of our own and only world. Environmental consciousness is woven closely into design, manufacturing and commercial operations. The company is contributing to the safety of the world in more than one way. 17

Quality and safety are the drivers of our thinking and doing

Quality management Certification to strictest standards Mors Smitt companies have certified quality and environmental management systems according the leading international standards, ISO 9001:2008, ISO 14001 and the railway specific IRIS standard for its railway industries activities. For the maritime market certification is according MED 96/98/EC. Commitment to quality For more than half a century, Mors Smitt companies have been widely acknowledged as leaders in industries they serve and trusted partners in the world-wide supply chain. Quality is the degree to which the company and its products respond to the constantly growing demands made upon them. Mors Smitt understands that constant investments in the quality of its people, continuous improvement, product innovation and quality assurance are needed to comply to clients requests. Mors Smitt lives by the quality of its thinking, its work and the reliability of its products. Minimum lifecycle cost In the long term the best components are generally the most economic. Real quality inevitably has its price. But the price of a component is almost irrelevant when it saves a breakdown. Reliable components are worth many times their weight in gold. Mors Smitt strives to ensure its clients components and solutions with the lowest lifecycle cost. 19

Critical dependability Successful daily operations of the world today demand the services of some hugely important and often frighteningly complex systems; from great vessels that carry raw materials across the oceans to the railway systems that daily carry millions of people to and from their homes and place of business. Telecom, IT, power generation, health and safety, production and logistics are just some examples. The degree to which mankind depends upon them is massive. Staff critical Dedication to staff loyalty, competence and training is written into the company mission. So staff are international, multilingual, dedicated and regularly involved in (re)training to the latest ever more complex standards. They are regarded as the essential building blocks for the company s future. Without fuss, concern or breakdown The outside world at large knows little, but derives great benefits from the often unseen work and products of Mors Smitt companies. They are successfully moved, served and provided without any fuss, concern, doubt or breakdown. The outside world is the final beneficiary. 21

Mors Smitt Group - Serving Safety Mors Smitt France SAS Mors Smitt B.V. Mors Smitt UK Ltd. Mors Smitt Technologies Inc. Mors Smitt Asia Ltd. Zhongshan Mors Smitt Relay Ltd.

SALES OFFICES FRANCE Mors Smitt France SAS Tour Rosny 2, Avenue du Général de Gaulle, F - 93118 Rosny-sous-Bois Cedex, France T +33 (0) 1 4812 1440 F +33 (0) 1 4855 9001 E sales@msrelais.com HONG KONG Mors Smitt Asia Ltd. # 807, Billion Trade Centre, 31 Hung To Road Kwun Tong, Kowloon, Hong Kong SAR T +852 2343 5555 F +852 2343 6555 E info@morssmitt.hk THE NETHERLANDS Mors Smitt B.V. Vrieslantlaan 6 3526 AA Utrecht, The Netherlands T +31 (0)30 288 1311 F +31 (0)30 289 8816 E sales.msbv@wabtec.com UNITED KINGDOM Mors Smitt UK Ltd. Doulton Road, Cradley Heath West Midlands, B64 5QB, UK T +44 (0)1384 567 755 F +44 (0)1384 567 710 E sales.msuk@wabtec.com USA Mors Smitt Technologies Inc. 1010 Johnson Drive Buffalo Grove, IL 60089-6918, USA T +1 847 777 6497 F +1 847 520 2222 E salesmst@wabtec.com Bro MSG - V2.5 Nov 2013