Financial Overview

(in million dollars)

	FY2010	FY2009	Rate of change (%)	Factors
Sales	2,414.1	1,945.3	24.1	A significant increase in volume
Operating profit	142.2	(344.1)	-	-

Emerged from Chapter 11 and Reorganization 

-The Company announced that the United States Bankruptcy Court confirmed its Plan of Reorganization, paving the way for the Company to exit Chapter 11 in late May, 2010. Cooper-Standard and its U.S. subsidiaries filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in August, 2009. The Company's Canadian subsidiary, Cooper-Standard Automotive Canada Limited, also sought relief under the Companies' Creditors Arrangement Act in Canada in August 2009. The emergence of the Canadian unit is expected to occur prior to that of US operations. (From a press release on May 12, 2010)

-Cooper-Standard Automotive Espana SL, a Spanish unit of Cooper-Standard Holdings, announced that it will close its plant in Getafe, Madrid, Spain, partly due to the continued deterioration of the automotive industry. The Getafe operation manufactures fuel and brake products, such as brake boosters, vapor and clutch lines, and water valves. The closure is slated to be complete by August - September 2010. (From a press release on March 2, 2010)

-In 2010, the Company sold its tube manufacturing plant in Archbold, Ohio to Sanoh Industrial Co., Ltd. for approx. 4 million dollars.

Awards
-Nissan North America, Inc. honored the Company with the 2010 Most Improved Supplier Quality Award and the Zero Defects Certificate. Cooper Standard provides systems for body sealing, anti-vibration, fuel, brake and emissions, and thermal management for Nissan vehicles. (From a press release on September 23, 2010)

R&D Expenditures

(in million dollars)

	FY2010	FY2009	FY2008
Overall	68.8	62.9	81.9

R&D Structure

-The Company operates nine design, engineering, and administration facilities throughout the world and employs 465 research and development personnel, some of whom reside at customers' facilities. The Company utilizes Design for Six Sigma and other methodologies that emphasize manufacturability and quality.

Product Developments

-Materials that are lighter weight and made of recyclable materials
-Thermal management solutions for cooling electric motors and batteries for new hybrids
-Noise transmission isolation and abatement via vehicle windows and doors
-Isolation of fuel injectors on fuel rails
-Noise and vibration free coolant pumps and valves etc.

Capital Expenditure

(in million dollars)

	FY2010	FY2009	FY2008
North America	30.3	14.2	27.6
International	40.9	30.1	54.8
Eliminations and other	6.1	1.8	9.8
Total	77.3	46.1	92.1