CAF group presentation

1. CAF
30 September 2018

2. Index
CAF
1/ CAF
2/ History
3/ Products and Services
4/ Production facilities
5/ CAF Group
6/ International presence
7/ CAF in figures
8/ Environment
9/ Conclusion
2

3. 3
Who are we?

4. 1. CAF
CAF
International leaders in the design, manufacture,
maintenance, rehabilitation and supply of all types of
rolling stock material (very high-speed trains, high-speed
trains, regional and suburban trains, coaches, airport
shuttles, trams and LRVs, and locomotives) and
equipment and components for railway systems.
We create railway solutions
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5. 5
Since 1860

6. 2. History
CAF
1860–1906: Industrial workshops for the repair and assembly of
wagons
1897: Zaragoza: Foundation of "Carde y Escoriaza" First tram
manufactured in Saragossa.
1917: Foundation of the company "Compañía Auxiliar de Ferrocarriles,
S.A." with headquarters in Beasain Main activity: manufacture of load
wagons.
1969: Creation of the R&D unit strengthening technological development.
1992-2000: International consolidation of the company
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7. 7
2. History
2008: Start of the commercial Operation of suburban Train in Mexico, 30 year
concession contract. DBOT Project
2010: Oaris, very high-speed train (350 km/h)
2013: Fully-automated metros for Helsinki and Santiago de Chile
2016: First Civity UK regional trains for First Group and Arriva UK
2017: CAF acquires BWB consulting company in the UK; Turnkey projects practice based.
2018: CAF closes the acquisition process on the polish firm SOLARIS
2018: CAF secures shareholding in the company Orbital Critical Systems
2002: Inauguration of the Comprehensive Technological Center of Railway
Material
2006: Commissioning of the variable gauge BRAVA system for High-Speed
Rail

8. 8
We create Railway Solutions

9. 3. Products and services
CAF
ROLLING STOCK
ENGINEERING SERVICES CIVIL WORKS
SIGNALLING
ELECTRIFICATIONOTHER SUBSYSTEMS
OPERATION AND
MAINTENANCE
FINANCING
CAF also offers turnkey
solutions which help customers
to simplify costs and effort,
tailored to suit each customer's
specific needs.
TRANSPORT SYSTEMS
INTEGRATION OF ALL SUBSYSTEMS
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10. 3. Products and services
CAF
Oaris (350 km/h)
Inneo (manual or fully automated
metros, steel or rubber-tyred)
Civity (Civity UK, Civity XL & Civity Duo)
Diesel tilting trains (SIBI)
Urbos (70, 100, LRV, AXL, TT)
Bitrac
VHS AND HIGH SPEED TRAINS
REGIONAL AND COMMUTER TRAINS
METROS
LRVs, TRAM/TRAINS & TRAMWAYS
LOCOMOTIVES
10

11. 3. Products and services
CAF
Subsystems
Engineering services
Wheel manufacturing
Supply of wheels and trays, rings and flanges to customers
worldwide (sound-proofed wheels, elastic wheels, pneumatic wheels,
monoblock and low pressure wheels).
Components – Wheelsets
Experience in the manufacture of Wheelsets for all types of services
(High-speed services, motor wheelsets for locomotives, self-
propelled rail cars, suburban trains, passenger cars, and all kinds of
wagons), variable gauge wheelsets and axel bodies.
Systems integration
CAF guarantees the integration and compatibility of all of its project's subsystems, from civil works and building
to the operation of railway services, including electrification, signaling, communication and ticketing.
R&D
Technological innovation is the foundation on which CAF builds its railway
solutions (investment in R & D than 4% of turnover). BRAVA Bogies
ACR System
Testing
11

12. 3. Products and services
CAF
Maintenance & other services
Train refurbishment
Maintenance
CAF carries out maintenance work for all types of vehicles in over 40 depots
worldwide.
These activities are performed both in our own factories and at our customer's
facilities.
Workshop equipping
Comprehensive supply of maintenance facilities
Adaptation, transformation, partial supply and improvement of existing facilities
Specific supply of equipment or vehicles
Material management and after-sales services
Material management and the performance of large interventions, both corrective
and preventative, on different railway equipment.
The rehabilitation of railway vehicles is a service that is increasingly demanded by
many customers. CAF provides solutions that increase the useful lifespan of old
trains.
This guarantees an upgrade in its reliability and availability levels, in line with
today's standards.
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13. 3. Products and services
CAF
Concessions & Turnkey contracts
Financing solutions
Mexico Suburban Rail
Caracas Subway
Algiers Subway
EMUs Airport Subway Delhi
Seville Light Subway
Saragossa Trams
Antalya Tram
Edinburgh Tram
CPTM PPP 5000
CAF has worked in close collaboration with leading companies in sectors associated
with the railway industry for many years, including civil engineering enterprises and
businesses from the power sector, as well as banks and public bodies.
This has taken it to lead and participate in prestigious
projects across the world under models such as:
 Concession
 Turnkey
CAF facilitates the development of more complex railway projects
Financing structures which distribute risk to the party best able to manage it, in terms of efficiency and quality,
providing the customer with:
- Optimization of design and construction costs.
- Moderation to the impact on the budget.
- Asset management.
- Compliance with agreed debt ratios.
- And, above all, improvement of railway service quality and efficiency.
13

14. 3. CAF Transport Systems
CAF
Concession for System 1 of the Mexico suburban railway until 2050
o Awarded in 2005, through the company Ferrocarriles Suburbanos S.A. de C.V., Construcciones
y Auxiliar de Ferrocarriles S.A. (CAF)
o Scope: construction, operation and running of railways and the provision of a public railway
transport service.
o The Buenavista-Cuautitlan route that joins Mexico City with four nearby municipal districts
o Capacity for 300,000 passengers a day and an estimated number of 100 million passengers a
year
Rolling stock
20 electric multiple units comprising 4 cars each.
Civil Engineering work
• Construction and restoration of rails.
• Construction of new viaducts, terminals, midway
stations, intermodal transfer stations and traction
substations.
• Construction of power substations and fully
equipped workshops for train maintenance.
Signalling, comunicating and ticketing
• Signaling: Full installation on the line and at the
centralized traffic center via ATP integration of an
ERTMS level 1 system.
• Communications: Full installation on the line and at
the centralized traffic center via the TETRA system.
• Ticketing.
Operation and maintenance
• General administration and full system operation.
• Maintenance of rolling stock and all the system
infrastructure until the end of the concession.
14

15. 3. CAF Transport Systems
CAF
DELHI AIRPORT RAIL LINK
Construction of the subway line that
connects the airport to the center of New
Delhi (Express Metro).
ALGIERS METRO LINE 1
Design and manufacture of the first subway line in the city of Algiers
to connect Hai el Badr with Tafourah Grande Poste. The project
includes the system infrastructure, signaling and electrification, as
well as the supply of trains and workshop equipment.
ZARAGOZA TRAMWAY
Construction of the first tramline
in the city of Zaragoza, Spain.
CUIABA TRAMWAY
First turn-key tram system in Latin-
America including civil works,
electromechanical systems and the
supply of rolling stock for the
Cuiabá Metropolitan Region in
Brazil.
KAOHSIUNG TRAMWAY
Construction of the first phase of
the LRV circular line in Kaohsiung
city in Taiwan.
CARACAS METRO
Modernization and updating of line 1, including rolling stock,
workshops, civil engineering work
electrification systems, signalling and communications.
SEVILLA LIGHT METRO
Construction and start-up of the first subway line in
Seville, Spain. CAF supplied Urbos trams for operation
on the system..
ANTALYA TRAMWAY
Design, development and start-up of the
tramway network of the city of Antalya,
Turkey.
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16. 16
Production facilities

17. 4. Headquarters
CAF
Total Surface Area: 446,000 m2
Staff: 2,723
Activities:
- Manufacture of Components
- Manufacture of Bogies
- Manufacture of Steel Car Bodies
- Manufacture of Aluminum Car Bodies
- Static testing of Car Bodies
- Painting
- Final Finishing and Testing
CAF BEASAIN
17

18. 4. Facilities in Spain
CAF
CAF SARAGOSSA CAF IRUN
CAF TRENASA - CASTEJON CAF SANTANA - LINARES
18
ACTIVITY:
Manufacturing of
railway equipment
similar to the activities
performed in Beasain,
with the exception of
axles and wheels.
TOTAL SURFACE AREA
300.000 m2
EMPLOYEES (2017):
807
ACTIVITY:
Manufacturing of
railway equipment
similar to the activities
performed in Beasain,
with the exception of
axles and wheels.
TOTAL SURFACE AREA
40.000 m2
EMPLOYEES (2017):
49
ACTIVITY:
Manufacturing of
railway equipment
similar to the activities
performed in Beasain,
with the exception of
axles and wheels.
TOTAL SURFACE AREA
55.800 m2
EMPLOYEES (2017):
315
ACTIVITY:
Finishing and test of
trains.
TOTAL SURFACE AREA
18.190 m2
EMPLOYEES (2017):
43

19. 4. Facilities outside Spain
CAF
CAF BRAZIL (HORTOLANDIA)
CAF FRANCE (CFD BAGNÈRES DE BIGORRE)
19
ACTIVITY:
Manufacturing of
railway equipment
similar to the activities
performed in Beasain,
with the exception of
axles and wheels.
TOTAL SURFACE AREA
200.000 m2
EMPLOYEES (2017):
561
ACTIVITY:
Manufacturing of
railway equipment
similar to the activities
performed in Beasain,
with the exception of
axles and wheels.
TOTAL SURFACE AREA
42,000 m2
EMPLOYEES (2017):
94

20. 4. Facilities outside Spain
CAF
CAF USA (ELMIRA)
CAF MEXICO (HUEHUETOCA)
20
ACTIVITY:
Manufacturing of
railway equipment
similar to the activities
performed in Beasain,
with the exception of
axles and wheels.
TOTAL SURFACE AREA
154.000 m2
EMPLOYEES (2017):
305
ACTIVITY:
Manufacturing of
railway equipment
similar to the activities
performed in Beasain,
with the exception of
axles and wheels.
TOTAL SURFACE AREA
77.600 m2
EMPLOYEES (2017):
385

21. 4. Facilities outside Spain
CAF
CAF UK: Newport (opened in September 2018)
21
LOCATION:
Newport, Gales, UK
PRODUCTION CAPACITY:
175.000 hours/year
Total workforce: 225
INVESTMENT PHASE1:
32,6 M GBP
PROJECTS:
DMU Arriva Northern
DMU Abelio West Midlands

22. 22
CAF Group

23. 11
Indice de la presentaciónPresentation Index
CAF Group comprises more than 70 companies that work together to offer global
railway solutions. It relies on companies such as:
- CAF Signalling: energy remote control and signaling.
- CAF Power & Automation: design and manufacture of electrical traction equipment
for all types of trains, information and communication systems in the railway sector.
- CAF Turnkey & Engineering: engineering, system electrification and integration.
- CAF I+D: research and development of rail products and other activities
- CETEST: comprehensive testing and test management.
- Lander: simulation systems.
- NEM: intelligent maintenance management systems
- Railline: The supply of OEM (Manufacturer of Original Equipment) spares and logistic
services for vehicle spares and / or components.
- Ennera: renewable energy supply systems.
- Geminys: integrated document management.
- Vectia: sustainable urban transit solutions with a range of hybrid and electric buses.
- Solaris: 2500 employees – Turnover 2017 – 450 Million €
65% CAF – 35% Polish Investment Fund
5. CAF Group
PRESENTATION 2018

24. 24
5. CAF Group
• CAF has recently acquired 100% of the shares of the polish company Solaris Bus & Coach, which will ensure the
leadership of the CAF Group and Solaris in the supply of innovative solutions in urban public transport in Europe
and in the international markets.
• Solaris is a global supplier of conventional and electric buses with presence in over 700 cities in 32 countries
• In 2017, the company delivered 1,397 buses ,including conventional models (diesel and CNG) and a growing
number of e-mobility vehicles, so that's why the company reached a turnover of €450 million.

25. 25
International presence

26. 6. Global presence
CAF 26
HEADQUARTERS: SPAIN
PRODUCTION SITES: SPAIN - FRANCE - USA - BRAZIL – MEXICO – UK
SUBSIDIARIES: MADRID - PARIS - LONDON - MUNICH - WASHINGTON D.C. - NEW DELHI - MEXICO
D.F. - ROME - SYDNEY - WARSAW - SAO PAULO - BUENOS AIRES - ISTANBUL - ROTTERDAM -
DOHA - KUALA LUMPUR - SANTIAGO DE CHILE - BUDAPEST
Headquarters
Production Plants
Offices
Countries with ongoing projects
H
H

27. 6. Worldwide projects
13
ARGENTINA
FRANCE
HOLANDA
FINLAND
ITALY
ROMANIASERBIA
IRLAND
PORTUGAL
ARGELIA
TUNISIA
ARABIA
LETONIA
INDIA
UNITED STATES
TAIWAN
ESTONIAUNITED KINGDOM
BELGIUM
TURKEY
MONTENEGRO
HOLLANDLUXEMBOURG
AUSTRALIA
ECUADOR
HONG KONG
MEXICO
37 COUNTRIES
114 PROJECTS
21.000 MILLION €
• Industrial establishment in USA, France, UK, Mexico and Brazil
• 50 maintenance centers in the world
• 45-year concession to operate a system of suburban trains in Mexico City
VENEZUELA
CHILE
BRAZIL
COLOMBIA
HUNGARYGERMANY
CAF
MAURITIUS
MANILA
NEW ZELAND
NORWAY SWEDEN

28. 28
CAF in figures

29. 7. CAF in figures
14
7.1 Capital & Investments
 CAF is a private corporation with 100% of its shares listed
on the stock market
 25.6% employee participation
 14.1% savings bank participation
 Stock market capitalization  1,300 million €
INVESTMENTS
CAF
0
20
40
60
80
100
30,8
53
86,9
46,6
30,6
36,1
29,6
13,9
10,7
16,8
44,2
Mill. €

30. 7. CAF in figures
CAF 15
PRODUCTION
AND SERVICES
ENGINEERS AND QUALIFIED PERSONNEL
1.580
6.044
3.626
At 30/09/2018:
CAF group's total no. of employees: 11.250
 CAF S.A.: 4.302
 Subsidiaries: 6.948
7.2 Nº OF EMPLOYEES
53,7%
32,2% 14,0%

31. 7. CAF in figures
16
SUBWAYS AND
SUBURBAN TRAINS
REPAIRS AND
COMPONENTS
REGIONAL AND
SUBURBAN TRAINS
HIGH-SPEED TRAINS
3.334,2
1.893,2
176,7
182,1
LOCOMOTIVES
71,5
At 30/09/2018:
Order portfolio: 6.246,1 million euros
7.3 Orders on portfolio
CAF
30,3%
2,8%
53,4%
2,9%1,1%
9,4%
BUSES
588,5

32. 7. CAF in figures
17
7.4 Facturación y Resultados
0
200
400
600
800
1000
1200
1400
1600
1800
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
17 23
43
98 106 125 130 146
100 90
60 41 35 42 31
578
681
806
874
1.005
1.258
1.576
1.725 1.721
1.535
1.447
1.284 1.318
1.477
1.372
September 2018
CAF
7.4 TURNOVER AND PROFIT
TURNOVER
PROFIT

33. 33
CAF and the environment

34. 8. CAF & the Environment
18
Committed to offering sustainable transport solutions
The search for more efficient and environmentally friendly means of transport
is a primordial objective of our company.
CAF carries out an especially relevant role due to its ability to reduce transport energy costs and promote
alternative, highly efficient and environmentally friendly, means of transport.
• EcoDesign: Optimization of energy efficiency
• New materials: light and recyclable
• Vibration- and noise-free trains
• Regenerating brake: recover energy efficiently
• Reduction of power drawn by auxiliary systems
• Vehicle and fleet efficient driving
• Reduction of journey times
• ….
*SARAGOSSA Tram.
Product Environmental Statement according to ISO 14025
Potential recoverability and recyclability profile
Thanks to the studied design and modularity used for tram assembly and
disassembly, high potential recoverability and recyclability rates at the end of its
useful life are achieved, in agreement with ISO 22628.
CAF

35. 35
Conclusion

36. Conclusion
CAF
o Over 100 years experience in the railway sector
o Wide range of products
o CAF's own technology
o Continuous improvement of our products and processes
o Flexibility and adaptation capacity
o High level of tracking during every project and during the entire
product life cycle.
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37. www.caf.net