$^{1}$2014 includes a tax benefit of $179 for partial release of U.S. income tax valuation allowances and net charges of $138 relating to loss on divestiture of Venezuela operations, settlement of pension liabilities, and loss  on debt extinguishment.  $^{2 }$See Pages 29 and 30 of Dana’s 2014 Form 10-K, included herein, for explanation and reconciliation of non-GAAP financial measures, adjusted EBITDA and free cash flow, and Dana’s calculation of liquidity. 3 Diluted adjusted EPS is a non-GAAP financial measure, which we have defined as adjusted net income divided by adjusted diluted shares. See the “Quarterly Financial Information and Reconciliations of Non-GAAP  Information” on Dana’s Investor Relations website at www.dana.com/investors for explanation and calculation of diluted adjusted EPS. $^{4 }$Includes $150 voluntary U.S. pension contribution in 2012. Sales Adjusted EBITDA Margin Free Cash Flow 2,4 Diluted Adjusted EPS 3 $7,544 ’11 ’12 ’13 ’14 $7,224 $6,769 $6,617 10.1% ’11 ’12 ’13 ’14 10.8 % 11.0% 11.3% $174 ’11 ’12 ’13 ’14 $175 $368 $276 $1.66 ’11 ’12 ’13 ’14 $1.75 $1.77 $1.99 Financial Summary For the year ended Dec. 31, 2014  $ in millions except per share amounts Annual Operating Results  2014 2013 Sales  $6,617 $6,769 Net Income Attributable to Dana $^{1}$  $319 $244  Adjusted EBITDA$^{2}$  $746 $745 Margin  11.3% 11.0% Diluted Adjusted Earnings per Share$^{3}$  $1.99 $1.77 Capital Spend  $234 $209 Free Cash Flow$^{2}$  $276 $368 Employees at Year End  22,600 23,000 Major Facilities at Year End  90 91 Balance Sheet  Total Cash and Marketable Securities: $1,290  Net Debt: $(388) Liquidity$^{2}$: $1,571