Ampco-Pittsburgh (AP)

The Corporation has a qualified defined benefit pension plan
covering substantially all of its U.S. employees. Generally, benefits are based on years of service multiplied by either a fixed amount or a percentage of compensation. For its U.S. pension plan covered by the Employee Retirement Income Security Act
of 1974 (ERISA), the Corporation’s policy is to fund at least the minimum actuarially computed annual contribution required under ERISA. Because these plans were fully funded, contributions have not been required for many years. A voluntary
contribution of $8,000 was made to the trust in 2008 and contributions in 2009 are expected to approximate $8,300. Additional future contributions may be necessary and, while such amounts could be significant, are contingent on future investment
performance of the plans’ assets, Congressional action providing temporary funding relief and the influence of pension protection regulations in the U.S. and the U.K. Estimated benefit payments for subsequent years are $7,714 for 2009, $8,106
for 2010, $8,536 for 2011, $8,765 for 2012, $8,860 for 2013 and $47,495 for 2014 – 2018. The fair value of the plan’s assets as of December 31, 2008 and 2007 approximated $93,694 and $130,330, respectively, in comparison to
accumulated benefit obligations of $126,960 and $120,486 for the same periods.

Employees of Davy Roll participate in a contributory defined benefit
pension plan that was curtailed effective December 31, 2004 and replaced with a defined contribution pension plan. The Davy Roll plans are non-U.S. plans and therefore are not covered by ERISA. Instead, contributions are based on local
regulations. Employer contributions will continue to be made in accordance with local regulations. Employer contributions to the contributory defined benefit pension plan approximated $1,400, $1,778 and $576 in 2008, 2007 and 2006, respectively, and
are expected to approximate $1,697 in 2009. The fair value of the plan’s assets as of December 31, 2008 and 2007 approximated $24,311 (£16,907) and $40,302 (£20,242), respectively, in comparison to accumulated benefit
obligations of $35,395 (£24,614) and $47,327 (£23,770) for the same periods. Additional contributions may be necessary as a result of the under-funded status of the plan; however, such amounts, if any, are currently not
determinable. Estimated benefit payments for subsequent years are $770 for 2009, $775 for 2010, $1,116 for 2011, $1,601 for 2012 and $1,207 for 2013 and $10,240 for 2014 – 2018. Contributions to the defined contribution pension plan
approximated $466, $480 and $414 in 2008, 2007 and 2006 respectively, and are expected to approximate $438 in 2009.

The Corporation also maintains a
nonqualified defined benefit pension plan to provide supplemental retirement benefits for selected executives in addition to benefits provided under the Corporate-sponsored pension plans. The assets are held in a grantor tax trust known as a
“Rabbi” trust; accordingly, the assets are subject to claims of the Corporation’s creditors, but otherwise must be used only for purposes of providing benefits under the plan. No contributions were made to the trust in 2006–2008
and none are expected in 2009. The fair market value of the trust at December 31, 2008 and 2007, which is included in other noncurrent assets, was $1,998 and $3,045, respectively. Changes in the fair market value of the trust are recorded as a
component of other comprehensive income (loss). The plan is treated as a non-funded pension plan for financial

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reporting purposes. Accumulated benefit obligations approximated $666 and $1,773 at December 31, 2008 and 2007, respectively. Estimated benefit payments
for subsequent years are approximately $64 for 2009, $62 for 2010, $61 for 2011, $60 for 2012, $59 for 2013 and $275 for 2014–2018, assuming normal retirement of the participants.

FACE="Times New Roman" SIZE="2">Employees at one location participate in a multi-employer plan in lieu of the defined benefit pension programs. The Corporation contributed approximately $214, $188 and $176 in 2008, 2007 and 2006, respectively, to
this plan.

The Corporation has a qualified defined benefit pension plan
covering substantially all of its U.S. employees. Generally, benefits are based on years of service multiplied by either a fixed amount or a percentage of compensation. For its U.S. pension plan covered by the Employee Retirement Income Security Act
of 1974 (ERISA), the Corporation’s policy is to fund at least the minimum actuarially computed annual contribution required under ERISA. Because these plans are fully funded, no additional contributions have been required for many years or are
expected to be required in 2008. Estimated benefit payments for subsequent years are $7,362 for 2008, $7,742 for 2009, $8,036 for 2010, $8,517 for 2011, $8,775 for 2012 and $47,794 for 2013 – 2017. The fair value of the plan’s assets as of
December 31, 2007 and 2006 approximated $130,330 and $130,739, respectively, in comparison to accumulated benefit obligations of $120,486 and $119,386 for the same periods.

FACE="Times New Roman" SIZE="2">Employees of Davy Roll participate in a contributory defined benefit pension plan that was curtailed effective December 31, 2004 and replaced with a defined contribution pension plan. The Davy Roll plans are
non-U.S. plans and therefore are not covered by ERISA. Instead, contributions are based on local regulations. Employer contributions will continue to be made in accordance with local regulations. Employer contributions to the contributory defined
benefit pension plan approximated $1,778, $576 and $555 in 2007, 2006 and 2005, respectively, and are expected to approximate $1,596 in 2008. The fair value of the plan’s assets as of December 31, 2007 and 2006 approximated $40,302
(£20,242) and $36,617 (£18,711), respectively, in comparison to accumulated benefit obligations of $47,327 (£23,770) and $55,405 (£28,311) for the same periods. Additional contributions may be necessary as a
result of the under-funded status of the plan; however, such amounts, if any, are currently not determinable. Estimated benefit payments for subsequent years are $843 for 2008, $837 for 2009, $837 for 2010, $1,190 for 2011, $1,705 for 2012 and
$9,920 for 2013 – 2017. Contributions to the defined contribution pension plan approximated $480, $414 and $349 in 2007, 2006 and 2005 respectively, and are expected to approximate $570 in 2008.