Grant, Contribution or Other Financial Benefit, Policies or Program

• Automotive Innovation Fund (AIF) grants (https://www.ic.gc.ca/eic/site/auto-auto.nsf/eng/am02257.html) an initiative/program of Industry Canada. Our applications for grants under this program relate to several research and commercialization projects in connection with our automotive parts manufacturing business that aim to develop (1) Lightweight automotive products using advances materials and innovative, state of the art manufacturing processes, and (2) new materials that replace materials dependent on oil and/or high energy. As detailed elsewhere in this report, we have received $2,413,447.00 under the the program in the year ended December 31, 2015. We currently anticipate receiving $7,313,227.00 under the program in 2016.