(U.S. Comprehensive Environmental Response, Compensation and Liability Act)CERCLA (U.S. Resource Conservation and Recovery Act)(U.S. Clean Water Act)

1966 (U.S. National Traffic and Motor Vehicle Safety Act) (National Highway Traffic Safety Administration) (U.S. Clean Air Act) 2013 3 2017 (California Air Resources Board) LEV III 20122015 98

(U.S. Comprehensive Environmental Response, Compensation and Liability Act)CERCLA (U.S. Resource Conservation and Recovery Act)(U.S. Clean Water Act) (U.S. Safe Drinking Water Act) (U.S. Resource Conservation and Recovery Act) (U.S. Clean Air Act) 2013 MACT 2010 Title V Title V 75,000 100,000 99

200910 25,000 (U.S. Occupational Safety and Health Act) (U.S. Occupational Safety and Health Act) CERCLA Title III Nexteer Automotive Poland sp. z o.o. 1997 4 2 460 100 (Supreme Court of Poland) (Supreme Administrative Court of Poland)(Constitutional Tribunal of Poland) 100

2004 7 2 (Act on the Freedom of Business Activity) (i)(ii)(iii)(iv) (v)(vi)(vii) (viii) (ix) (x) (a)(b) (c)2003 6 13 (d) abe f (e)(f)(g)(h) (i)(ii)(iii) 101

(i) (ii)(iii) (iv)(v)(vi) (vii) 5 50 (i) (ii) (iii)(iv) 30 102

KatowiceKSEZ 1994 10 20 KSEZ 1997 7 8 2016 7 2008 2 29 KSEZ 2006 12 13 2016 7 KSEZ (i) 2009 12 31 2014 12 31 200 (ii) 2009 12 31 168,484,000 42,121,000 (i) 2001 4 27 (Environmental Protection Act)(ii) 2012 12 14(Act on Waste) (iii) 2001 7 18(Water Act) (EU Integrated Pollution Prevention and Control Directive Scheme) 103

10 1 5,000 2010 2 4 99/2006 2012 12 10 2010 3 31 ŚR 187/2010 2012 9 25 ŚR 687/2012 104

2010 12 10 66/2010 2006 12 14 99/2006 2012 8 10 ŚR 536/2012 2010 2 23 ŚR/95/10 2010 10 22 ŚR/710/10 2012 7 18 2000 6 30 (Industrial Property Law)1994 2 4 (Copyright and Neighboring Rights) Alicante(Office for Harmonization in the Internal Market) 19% 105

19% 5% 2 10% OECD KSEZKSEZ 2020 2018 (i)(ii)(iii) (iv)(v)(vi) 23%0%5% 8% 2006/112 201822%7% 25%10% 106

(0.5%) 1% 2% (2%) 2002 7 27 15,000 (i) (ii)(iii) (iv) 2003 3 13 (Mass Redundancy Act) 20 20 30 (i)10 100 (ii)10% 100300 (iii) 30300 107

2005 12 2 108

2011 3 27 2011 2013216 1995 6 28 2011 12 24 2011 1986 4 12 2000 10 31 1990 12 12 2001 4 12 1979 7 8 2001 3 15 1983 9 20 2001 7 22 109

1988 4 13 2000 10 31 199594 1997 5 28 [1997]267 [1997] 21 2010 11 110

2004 7 16 [2004]20(i)(ii)(iii) 2004 2004109 22 10050 500 100 10050 2004 11 19 2004 11 22 [2004]1508 50 111

2005 1 1 [2005]127430 2006 7 272006 7 1 [2006]65 30 2005 3 14 [2005]188 30 50 2010 5 26 [2010]1 100 19941994 1994 112

2004 2009 10 1994 2009 3 2009 2011 2005 7 9 2005 9 1 2010 4 21 2010 6 1 2012 181 113

2009 7 3 2009 9 1 117 2002 11 1 2013 7 18 1989 12 26 114

2002 10 282003 9 1 2004 12 29 2005 4 1 2013 6 29 2008 2 282008 6 1 115

1991612010226 200282201331 (1)(2)(3) (4)(5)(6) (7) (8)(9) 1992 10 5 116

1994 1 1 1971 198431220081227 2001 6 15 2010 1 9 20 10 2001 10 27 117

2008 1 1 25% 25% 15% 2008 1 1 [2008]172 2007 12 26 [2007]392008 1 1 (1) 5 15% 200818%2009 20% 2010 22%2011 24%2012 25% 24%2008 25% (2) 118

2008 2007 3 16 2012 8 6 2015 8 5 2013 2015 15% 2010 5 28 2013 5 27 2013320 2013 2010 11 10 2013 11 9 2010201215% 2013 2008 11 102009 1 1 2009 1 1 2011 10 28 2008 11 102009 1 1 2009 1 1 2011 119

10 28 17% 13%0% 17%17% 17% 1985 2 8 1985 1 1 7% 5%1% 5%7% 7% 2005 8 20 2005 10 1 [1984]174 3% 3%3% 3% 2010117 [2010]98 120

2% 2% 2% 2010 12 31 2%2% 2% [2008]1 2008 1 1 2008 1 1 2008 1 1 10% 2007 7 11 25%5% 2009 10 27 [2009]601 2009 8 242009 10 1 121

Steering Holding Pte. Limited Steering Holding Pte. Limited10% 1996 1 292008 8 5 1996620 (i) (ii) 122

2002 3 24 Steeringmex, S. de R.L. de C.V.Steeringmex Steeringmex NOMSSteeringmex 1993 (Foreign Investment Law of 1993)1998 (Regulations to the Foreign Investment Law and the National Registry of Foreign Investments of 1998) Steeringmex (i) (ii)(iii) 3,493,603,960.10 280 123

49% (National Commission of Foreign Investments) 2003 (Decree for the Support of the Competitiveness of the Terminal Automotive Industry and the Promotion of the Development of the Internal Automobile Market of 2003) SteeringmexNuevo LeónChihuahua2013 028 Nuevo León 2013 100% 2013 60 187 100% 57/2010 Chihuahua 100% (Public Registry of Property and Notaries) (State Institute for Adult Education) 100% 40 100% 1889 124

1934 1995 (Customs Law of 1995) (Tax Administration Service)(Importers Registry)(Federal Taxpayers Registry) (Harmonized System) (Importers Registry of Specific Sectors) 2011 1 14 (Decree that Establishes the Mexican Digital Office of Foreign Trade) 2012 6 1 Steeringmex2006(Decree for the Promotion of the Manufacturing, Maquila and Export Service Industry of 2006)IMMEX IMMEX (i) (ii) IMMEXIMMEX 500,000 10% IMMEX IMMEX 125

IMMEX IMMEX Steeringmex 2002 (Decree Establishing Different Sector Promotion Programs of 2002)PROSECPROSEC PROSEC PROSECPROSEC 1992(Federal Consumer Protection Law of 1992) (i) (ii) 428,811.21 126

60 20% 1972(Federal Firearms and Explosives Law of 1972) (Ministry of National Defense)Steeringmex 200 100 127

1984 (General Health Law of 1984) (Ministry of Health) 1997 7 29 141 (Agreement No.141) (Determines the Establishments that are Subject to a Notice on the Commencement of Operations) 2012Chihuahua (Chihuahua State Health Law of 2012) (El Marqués, Querétaro) 2008 Querétaro Querétaro (i)(ii) (El Marqués, Querétaro) 2009 Querétaro El Marqués (El Marqués, Querétaro) 2009 Querétaro El MarquésQuerétaro El Marqués 128

(Ciudad Juárez, Chihuahua) 2011 Chihuahua (Ciudad Juárez, Chihuahua) 1996 Chihuahua (Sabinas Hidalgo, Nuevo León) 2000 Nuevo León Sabinas Hidalgo NOMS SteeringmexNuevo LeónChihuahuaQuerétaro Steeringmex 1988 (General Law on Ecological Balance and Environmental Protection of 1988) NOMS Steeringmex 129

19901992 1992 (National Waters Law of 1992) 130

2003(General Law for Prevention and Integral Management of Wastes of 2003) 131

850,000 Ciudad JuárezChihuahua 36 1991(Industrial Property Law of 1991) (i)(ii) (iii)(iv) 132

10 10 1991 20 10 15 10 1991 (i)(ii) (iii) (iv)(v) 1997 (Federal Copyright Law of 1997) (i) (ii) 100 100 5 50 25 1981(Federal Fiscal Code of 1981) 133

1981 2002 (Income Tax Law of 2002) 30% SteeringmexIMMEX Steeringmex 2002IMMEX IMMEX IMMEX (i) 2002 (Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations of the Organization for Economic Co-operation and Development) (ii) 1% IMMEX(i) 6.9% IMMEX(a)(b) (c)immex (ii) IMMEX6.5% IMMEX IMMEX 134

2007 (Flat Tax Law of 2007) 17.5% 3 31 1978(Value-Added Tax Law of 1978) 0% 11% 16% 2007(Tax on Cash Deposits Law of 2007) 15,000 3% 10% 135

SteeringmexQuerétaroNuevo LeónChihuahua Querétaro 1.6%Nuevo León 3% Chihuahua 1% 2.6% Steeringmex Ciudad JuárezChihuahua 0.2% 0.6% Sabinas HidalgoNuevo León 0.3% 1970 (the Federal Labor Law of 1970)1995 (Social Security Law of 1995) 1972 (Law of the National Housing Fund Institute of 1972)NOMS (Ministry of Labor and Social Welfare)(Federal Regulations on Safety, Hygiene and Work Environment) Steeringmex Ciudad JuárezChihuahua64.76 5.18 El MarquésQuerétaroSabinas HidalgoNuevo León61.384.91 (Conciliation and Arbitration Board) 136

(i) 3 (ii)(seniority premium)12 (iii) 20 (National Workers Housing Fund Institute) 1972 (i)(ii)(iii) (National Workers Consumption Find Institute) 2006 137

1997 NOM-020- STPS-2011 (i) (ii) (Ministry of Labor and Social Welfare) NOM-025-STPS-2008 NOM-25 NOM-25 (El Marqués, Querétaro) 2012 QuerétaroQuerétaro (Sabinas Hidalgo, Nuevo León) 2009 Nuevo León(Urban Development Law of the State of Nuevo León of 2009) (i)(ii) 138

(Ciudad Juárez, Chihuahua) 2011 Chihuahua(Sustainable Urban Development Law of the State of Chihuahua of 2011) (El Marqués, Querétaro) 2012 Querétaro(Urban Code of the State of Querétaro of 2012) (El Marqués, Querétaro) 2009 Querétaro El Marqués(Construction Regulation of the Municipality of El Marqués, Querétaro of 2009) (Sabinas Hidalgo, Nuevo León) 2009 Nuevo León(Urban Development Law of the State of Nuevo León of 2009) (i)(ii) (iii)(iv) (Sabinas Hidalgo, Nuevo León) 2009 Nuevo León (i)(ii) (iii)(iv) (v) 139

(Ciudad Juárez, Chihuahua) 2011 Chihuahua 2013 Juárez(Construction Regulation of the Municipality of Juárez of 2013) (Ciudad Juárez, Chihuahua) 2013 Juárez 140