Daimler and Haldex set up partnership for ModulT disc brake and the application of the DCA L7 disc brake

Haldex has signed a long term agreement  with Daimler’s division for trailer
axles, Mercedez-Benz TrailerAxleSystems, for the supply  of its  ModulT disc
brake. The production is expected to start end of 2015. The long term agreement
follow a joint development project where Haldex ModulT has been adopted for the
specific needs of Mercedez-Benz TrailerAxleSystems. Mercedez-Benz
TrailerAxleSystems will name the disc brake DCA L7.
The ModulT disc brake is the most lightweight and maintenance friendly disc
brake on the market, offering low down times to the customer. It’s based on the
second generation of Haldex’ successful disc brake, which was first introduced
on the market in 2011 and has since then more than doubled in production every
year.

Bo Annvik, President & CEO of Haldex: “We have successfully built on our world
leading position for drum brakes and have gained a significant market share on
disc brakes for trailers in Europe. The agreement with Daimler is one of several
new wins on disc brakes that in combination are estimated to be worth 650 MSEK
until 2017, as previously communicated in our interim report.

In Europe disc brakes are installed in approximately 75% of all new commercial
vehicles, compared to 3% in North America where drum brakes are most common. The
potential growth for disc brakes over time is remarkable and we will continue to
invest in growing our market position on a global basis.”

Norbert Rehbein, General Manager of MB-TAS: “Mercedes-Benz TrailerAxleSystems
has been manufacturing disc-braked trailer axles for more than 15 years. The
cooperation for the development of the DCA L7 combines the innovative commercial
vehicle know how of Haldex with the long-term expertise of Mercedes-Benz
TrailerAxleSystems in the use of disc brakes.”

About ModulT
ModulT platform is suitable for trucks, buses and trailers. The brake family is
the lightest disc brake platform on the market with World class design, patents,
quality and reliability statistics. Designed for the current market needs it
offers a very attractive option to increase customers reliability and total cost
efficiency.

With its simplified maintenance, ModulT offers low down time; e.g. no tools
needed for pad exchange and not more than two bolts in the complete brake.
Stainless sliding pins requiring no lubrication.

Equally useful features are the completely encapsulated caliper guide function
of the ModulT and the inverted mechanism bellows, which are self-protected
against the possible intrusion of dirt and debris.
For further information, please contact:

Bo Annvik, President & CEO, +46 418 476000
Catharina Paulcén, SVP Corporate Communications, catharina.paulcen@haldex.com or
+46 70 355 47 04

Haldex AB (publ) is required to publish the above information under the Swedish
Financial Instruments Trading Act. The information was submitted for publication
on September 8, 2014 at 14.00 CEST.
Haldex (www.haldex.com), headquartered in Landskrona, Sweden, is a provider of
proprietary and innovative solutions to the global commercial vehicle industry,
with focus on products in vehicles that enhance safety, environment and vehicle
dynamics. Haldex is listed on the Nasdaq OMX Stockholm Stock Exchange and
had net sales of approx 3.9 billion SEK in 2013. The number of employees amounts
to about 2,200.