ADDING TO MULTIPLY

In 1941, a young priest named

JOSE MARIA ARIZMENDIARRIETAarrived in a small Basque town and said:

1941

COOPERATION IS THE POWERFUL LEVER THAT

MULTIPLIES OUR STRENGTH.

AND HE THOUGHT:

NO ONE CAN ACHIEVE ANYTHING IN ISOLATION. WE ARE ALL HELPED BY OTHERS, ALL OF THE TIME.

Any achievement is always, naturally, a sum ofintentions.

COOPERATING AND MOVING FORWARD TOGETHER

If this teamwork comes hand in hand with a conscious commitment toworking together and moving forward together, the sum becomesa multiplication.

THE SUM BECOMES A MULTIPLICATION.

MEN AND WOMEN WORKING TOGETHER AND JOINING FORCES

AND DEDICATION. PEOPLE UNITED TO ACHIEVE GREAT THINGS.

TO MULTIPLY RESULTS AND achieve more.

AND THAT'S HOW

MONDRAGONCAME TO BE

A GLOBAL PROJECTWITH DEEP CULTURAL ROOTS IN THE BASQUE COUNTRY AND

A CONSOLIDATED PRESENCE INTERNATIONALLY

WE HAVE A PRESENCE IN THE FIVE CONTINENTS

5CONTINENTS

143 7PRODUCTION

PLANTSCORPORATE BRANCHES

FOUR BUSINESS AREAS

FINANCE INDUSTRY DISTRIBUTION KNOWLEDGE

We are a ohighly diversified group:

266BUSINESSES

98COOPERATIVES

143SUBSIDIARIES

25ENTITIES

BASIC FIGURES

SALES

€11.280m

JOBS

80.818

INVESTMENTS

€451m

EBITDA€1.021

WE ARE COMMITTED TO INNOVATION

Our triangular knowledge system connects

EDUCATION, BUSINESS AND TECHNOLOGY INVESTIGATION.

15

OWN RESEARCH

ANDDEVELOPMENT

CENTRES

489

FAMILIES OF

RESEARCH

PATENTS

AS WELL AS A COMMITMENT TO

SOLIDARITY WITH THE ENVIRONMENT

WE PROVIDE

80.818 jobs

€25,1 millionIN SOCIALLY-ORIENTED ACTIVITIES

MONDRAGON

FIRST AND FOREMOST,VALUES

We are an entrepreneurial socio-economic project

inspired by the principles of our

Cooperative Experience.

- DEMOCRACY 1 PARTNER 1 VOTE

- SOLIDARITY PAY SCALE 1 TO 6

- PARTICIPATION OWNERSHIP, MANAGEMENT AND RESULTS

- COOPERATION SHARED FUNDS / RELOCATIONS

AND PEOPLEA PROJECT CREATED BY AND FOR PEOPLE IN LINE WITH FAIRNESS, SELF-IMPOSED STANDARDS AND CO-RESPONSIBILITY

PROTAGONISTSWE ARE ALL OWNERS OF OUR PROJECTS.TOGETHER WE DECIDE OUR FUTURE.

WE FOSTER

SOCIAL RESPONSIBILITY AND RECIPROCITY,

KEYS TO BUSINESS DEVELOPMENT, CREATING JOBS

AND THE FAIR DISTRIBUTION OF WEALTH

COOPERATIONAND

TO JOINTLY STRENGTHEN OUR CAPABILITIES

AND OUR BUSINESSES.

OUR STRUCTURE MONDRAGON

INDUSTRIAL ADVISORY SERVICES

Automotive CHP

Automotive CM

Industrial automation

Components

Construction

Lifting

Equipment

Engineering and Services

Machine Tools Industrial

Systems

Tools and Systems

PRESIDENCY

GENERAL

ADVISORY

INDUSTRY

FINANCE

KNOWLEDGE

DISTRIBUTION

1,4 %

2,9 %

49,9 %

45,8%

INDUSTRY

FACTS AND FIGURES

INTERNATIONAL

3.854

69%

5.547TOTAL SALES

In million euros

NATIONAL

1.693

31%

EQUITY

LAGUN ARO

6.477

BALIABIDE BITARTEKATUAK

LABORAL KUTXA

21.014

SEGUROS LAGUN ARO

362.000CLIENTS

In million euros

FINANCE

FACTS AND FIGURES

KNOWLEDGE

FACTS AND FIGURES

MONDRAGON UNIVERSITY

4.600STUDENTS

15R&D

CENTRES

INTEGRATED SYSTEM FOR

INNOVATION,

PROMOTION AND

KNOWLEDGE.

D

DISTRIBUTION

FACTS AND FIGURES

ESTABLISHMENTS

1.651EMPLOYEES

40.368

In million euros

SALMENTAK GUZTIRA

5.733

NATIONAL PRESENCE

67.146EMPLOYEES

73.719EMPLOYEES

EUROPEAN PRESENCE

INTERNATIONAL PRESENCE

13.600EMPLOYEES

WE ARE

BRANDSLEADERS

COMMITTED

TO THE FUTURE

to leave things better than we found them for future generations.

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BECAUSE MONDRAGON IS COOPERATION

A SUM OF PEOPLE WHOSE STRENGTH IS MULTIPLIED.

Ordinary people who, together, achieve extraordinary things.

www.mondragon-corporation.com