Lithium-ion Franck Cecchi Investors day – Jacksonville, November 2014 Agenda 1. SAFT Lithium Ion Footprint 2. Product Strategy for cells 3. Product Strategy for Systems 4. Jacksonville 5. Takeaway 2 Investors day – Jacksonville, November 2014 1. SAFT Lithium Ion Footprint 3 Investors day – Jacksonville, November 2014 SAFT Lithium-ion Flash Back Early 90s 1996 Mid 90s 4 Investors day – Jacksonville, November 2014 2004 1998 2009 2005 2012 2011 2013/ 14 Lithium ion Footprint Cockeysville (MD) – Development USA Multi technology cells and systems manufacturing Research & Development Center for North America Jacksonville (FL) – High Volume Production Opened since September 2011 Large volume, multi application manufacturing Prismatic and cylindrical cell, Modules and Batteries Europe Bordeaux (France) – Development Multi technology cells and systems manufacturing Research & Development Center for Europe Nersac (France) – High Volume Production World’s 1st production facility for Li-ion automotive batteries Opened since January 2008 - Automotive ISO/TS 16949 Qualified Cylindrical cell and modules Battery Assembly using standard products could be in different locations 5 Investors day – Jacksonville, November 2014 2. Product Strategy for cells 6 Investors day – Jacksonville, November 2014 7 Differentiating Strategy for Li-ion (cell)  Saft offers 3 Li-ion chemistries: NMC – NCA - SLFP   3 different types of cells: Energy / Medium Power / High Power 2 different shapes: cylindrical and prismatic  However all chemistries use:   Same or similar processes for electrodes manufacturing Very low capex needed to produce a new chemistry in same hardware  Standard cell hardware for cylindrical or prismatic:   Same or similar processes for cell assembly / filling and formation Same mechanical interface could be used at pack level  Different management algorithms depending on chemistry 7 Investors day – Jacksonville, November 2014 Saft Li-ion Large Cells Offer NCA SLFP  VL30P, VL41M, VL45E and VL80E  VL30P Fe, VL41M Fe and VL43E Fe  Main Markets  Main Markets    ESS, PV Telecom Hybrids     Long life  Stable Impedence  NMC  Prismatic: LP28M  Main Markets   Motive power ESS  Energy Density 8 Investors day – Jacksonville, November 2014 Mobility Rail traction Marine Medical carts SPECIAL CELLS  Extreme High Power  Defense and Formula 1  Space Cells 3. Product Strategy for Systems 9 Investors day – Jacksonville, November 2014 10 Differentiating Strategy for Li-ion (system)  Different applications often have similar and overlapping requirements  This allows creating of a portfolio of modules and system components for a group of markets with similar requirements  As result installed manufacturing capacity can be better utilized serving variety of markets 10 Investors day – Jacksonville, November 2014 Battery system: Lithium ion requires new competences  Mission: Design & Qualification of battery system  Battery system design :    Skills & Expertise        Program Management Risk analysis Testing and validation Prototype manufacturing Customer support & integration Quality Purchasing  Saft has acquired these skills during the last 20 years 11 Investors day – Jacksonville, November 2014   Architecture Mechanical / Thermal Electrical Electronics / Software & algorithms Battery system: from standard to Customized products Components Cells Electronics Mechanical integration 12 Investors day – Jacksonville, November 2014 Standard Modules Customized Batteries SAFT has a product for each targeted Market 1 Energy Storage Systems   2 Telecommunications standby systems  3 Evolion modules – 48 V, 4.0 kWh Vehicles Solutions   13 Intensium Max containers – Up to 2 MW containerized battery Synerion E modules – 48 V modules, 2.2 kWh Heavy duty Bus & Truck Forklift / AGV’s / Cart 4 Aviation 5 Railways 6 Military 7 Naval Investors day – Jacksonville, November 2014 4. Jacksonville 14 Investors day – Jacksonville, November 2014 15 Overview Land: 4.8 hectares Building: 22 000 m2 Dry/clean rooms (ISO 6): 5 300 m2 Formation: 1 700 m2 Office area: 1 400 m2 LEED® Silver certification 1.02 MW power output; 4 340 solar modules 235 watt poly-crystalline Siliken® modules 115 214 ft2 (10 704 m2) total PV array 2 Inverters Satcon® 500 kW inverters 21 miles electrical wiring Energy savings, annual (1 300) MWhr (903) metric tons CO2 (2,100) barrels of oil 15 Investors day – Jacksonville, November 2014 Plant History 16 1 Project Kick-off Dec 2009 2 Groundbreaking Mar 2010 3 Start construction May 2010 4 Construction complete Mar 2011 5 Line #1 installed Jul 2011 6 Grand Opening Sep 2011 7 1st product delivery Dec 2011 Investors day – Jacksonville, November 2014 Jacksonville: A World Class Manufacturing Plant  Scale up from Nersac processes  Worldwide best in class equipment suppliers  Dry and Clean Rooms  Fully Automated Processes  Lean Manufacturing  Continuous Improvement  Quality integrated from development to product delivery  ISO 9001 / 14000 / TS (in 2015)  Experienced, skilled and trained personnel 17 Investors day – Jacksonville, November 2014 Evolion for Telecom Key Features Voltage 48 V Total Energy 4 kWh Max power (continuous) 1 kW System 36%  14 cells  1 Module  Integrated Board 18 Investors day – Jacksonville, November 2014 cells 64% ESS batteries in container Key Features IM20+ Voltage 784 V Total Energy 1 000 kWh Max power (continuous) 500 kW System 50%      19 6664 cells 476 Modules Electronics layers Racks / Air conditionning Fire Suppression System Investors day – Jacksonville, November 2014 cells 50% Product Flow - General Formation Future Workshop #3 Workshop #2 – Prismatic Cells Workshop #1 – Cylindrical Cells Filling/sealing cell assembly - winding calendering slitting coating mixing OCV Raw Material Sort/Grade Battery Assembly 20 Investors day – Jacksonville, November 2014 Ship & Receiv e Container Finish Assembly, Goods Testing Offices Process Flow Chart  Electrode Manufacturing Materials  Cell Assembly  Pack Assembly 21 Investors day – Jacksonville, November 2014 Mixing Coating Slitting Calendering Winding Assembly Filling Formation Module Battery/Container VIDEO 22 Investors day – Jacksonville, November 2014 5. Takeaway 23 Investors day – Jacksonville, November 2014 Takeaway  High volume Manufacturing plants in Europe and America  Jacksonville and Nersac can produce multi technology products  Standard approach in Development  Saft has a solution/product for each targeted market  Combined Sales capacity about 300M$ 24 Investors day – Jacksonville, November 2014 Plant tour 25 Investors day – Jacksonville, November 2014 26 Investors day – Jacksonville, November 2014