Mahle Metal Leve : ITR - 2nd Quarter 2016

(A free translation of the original in Portuguese)

MAHLE Metal Leve S.A.

Quarterly information (ITR) at June 30, 2016

MAHLE REPORTS EBITDA OF R$ 90.2 MILLION IN THE 2Q16; EBITDA MARGIN OF 15.5%

Mogi Guaçu (SP), August 10, 2016 - MAHLE Metal Leve S.A. (BM&FBOVESPA: LEVE3), a Brazilian autoparts company that manufactures and sells components for internal combustion engines and automotive filters, announces today its results for the second quarter of 2016. The Company's operating and financial information, unless otherwise indicated, is presented on a consolidated basis in BRL according to Brazilian Corporation Law.

Conference Call and Webcast of Results:

Date: August 11, 2016

12:00 p.m. (Brasília time) 11:00 a.m. (Eastern time)

Phone numbers:

Brazil: [phone]

Brazil: [phone]

USA: [phone]

Other: [phone]

Webcast: http://cast.comunique- se.com.br/MAHLE/2Q16

2Q16 HIGHLIGHTS

 Net sales revenue in the 2Q16 totaled R$ 583.5 million, 5.2% less than that of the 2Q15;

 Exports and Aftermarket Sales accounted for 75.2% of total sales in the 2Q16 and 70.4% in the 2Q15;

 Net income of R$ 42.9 million and net margin of 7.4% in the 2Q16, a drop of 11.7% compared to the 2Q15;

The Net Debt/Ebitda ratio at the end of the 1H16 was 0.69 times, while at the end of the 1H15 the ratio was 0.78 times;

The Annual and Extraordinary General Meeting held on April 27, 2016 approved distribution of additional dividends in the amount of R$ 26.0 million, which refers to a remaining balance of 2015. The Company distributed in 2015 R$ 198.3 million of earnings, totaling 100.0% of the Net Income for the year;

The Board of Directors Meeting held on April 27, 2016 approved distribution of

R$ 23.1 million (gross) of Interest on Equity referring to the 1Q16;

The Board of Directors Meeting held on August 9, 2016 approved distribution of Interest on Equity of R$ 31.0 million (gross) referring to the period between April 1, 2016 to July 31, 2016.

TABLE OF CONTENTS

1. MANAGEMENT'S COMMENTS 3
2. ABOUT MAHLE METAL LEVE 4
3. PERFORMANCE OF THE AUTOMOTIVE INDUSTRY 5

4. Performance of the Brazilian automotive industry 5

5. Performance of the Argentinean automotive industry 6

6. ECONOMIC AND FINANCIAL PERFORMANCE 7

7. Net sales revenue and market share by segment 7

8. Domestic OEM (original equipment manufacturer) sales 8

9. Domestic aftermarket sales 8

10. OEM exports 8

11. Aftermarket exports 9

12. Consolidated exports by region 9

13. Net sales revenue by segment 9

14. Gross margin 10

15. Selling, general and administrative expenses 10

16. Technology and product development expenses 10

17. Other operating income (expenses), net 10

18. Operating income measured by EBITDA 11

19. Net financial income (expenses) 12

20. Income and social contribution taxes 13

21. Net income 13

22. Capital expenditures 13

23. Indebtedness 13

24. Dividends and Interest on Equity to Shareholders 14

25. INVESTOR RELATIONS AND CAPITAL MARKET 15

26. Performance of the Company shares and free-float shares 15

27. Shareholders' profile 16

28. INDEPENDENT AUDITORS 16
29. REPRESENTATION BY THE EXECUTIVE BOARD 16
30. ACKNOWLEDGEMENTS 16
31. 1 Management's Comments

    Brazilian economy's hard facts over the first half of 2016 still showed up quite challenging, with consequences to investments, production and consumption, and negative impact on citizen's income and social welfare.

    Rising unemployment, inflation still at high levels, consumer distrust because of political and economic uncertainties and credit restriction, among others, directly affected the Brazilian automotive industry, which in the first half of 2016 underwent a reduction by 25.5% and 21.5%, respectively, in vehicle sales and production compared to the same period of 2015.

    In the first six months of 2016, MAHLE Metal Leve was affected by the slump in domestic vehicle production, however, it was able to partially offset such drop with the performance of aftermarket and export sales.

    Considering the discontinuance of the operations of subsidiary MAHLE Hirschvogel Forjas S.A., whose revenue in the 2Q15 was R$ 10.1 million, the drop in domestic OEM sales in the 2Q16 was 16.0%, i.e., below the 20.6% reported. The drop was 21.6% for the first six months of 2016, that means, below the 27.3% reported in the 1H16.

    The increase in our OEM exports resulted from the positive impact of the exchange variation between the periods, whereas the OEM sales volume has been decreasing mainly due to the negative performance of the heavy vehicle segment in the US market (production drop of 10.6% until June).

    In the first half of 2016, our net sales revenue totaled R$ 1,158.2 million (down 3% compared to the 1H15). This figure results from the growth of 9.0% in OEM exports and 6.7% of aftermarket sales, and drop of 27.3% in domestic OEM sales.

    The graph on the right shows revenue distribution in the 1H16 and 1H15 in the markets where the Company operates:

    Operating income measured by EBITDA was R$ 197.6 million in the 1H16 (R$ 204.1 million in the 1H15), representing EBITDA margin of 17.1% for forth periods.

    Even considering the decrease in net sales revenue and maintenance of the EBITDA margin in the 1H16, Net Income increased 21.4%, reaching R$ 116.8 million (R$ 96.2 million in the 1H15), a net margin of 10.1% in the no 1H16, while in the 1H15 was 8.1%.

    The increase in net income results mainly from the positive impact of recognition of a tax credit of R$ 21.5 million in the 1Q16 in subsidiary MAHLE Metal Leve GmbH referring to the recalculation of the provision for income tax for 2014 and 2015 because of a favorable outcome from the Austrian tax authorities.

    The Company has been working hard to develop new technologies.

    We have recently received the AEA award for new technology in liners. The search for lighter engines has accelerated the transition from cast iron blocks to aluminum. This change requires developments in liners, which must deliver superior wear resistance and greater heat transfer capacity. MAHLE Tech Center in Brazil has developed solutions of liners for aluminum blocks with greater heat transfer capacity, enabling designs with better performance in terms of sealing and durability. Consequently, we will be able to meet this new engine market trend.

    Still in the path of its technology development process, MAHLE has developed a "two in one" variable camshaft whose global technology, CamInCam®, created by the Company, brings two variable command axes into only one (arranged concentrically to each other), allowing higher engine torque, higher performance and lower fuel consumption. In combination of flex fuel engines, the gain may be interesting since it seeks to