COMPANY PRESENTATION MAY 2020 Strictly confidential TechTex is - PowerPoint PPT Presentation

TECHTEX COMPANY PRESENTATION MAY 2020 Strictly confidential

TechTex is Romania’s leading non -woven fabric manufacturer. SHARE OF GROUP REVENUE TECHTEX • Established in October 2017 ~7% • Administered by Ileana-Nadina Turc and Anca- TECHTEX Corina Mihai • Plant Manager: Nadina Turc • Area of activity: Technical textiles • Production space: 3 500 sqm (16 000 sqm*) • Employees: 20+ (300*) • TechTex is the first and only non-woven fabric manufacturer in Romania PRODUCTS ROADMAP 2020-2022 • TechTex has since April 2020 started producing TECHNICAL TEXTILES protective face masks, and will in the upcoming NON-WOVEN MATERIALS OF months open new medical & hygiene divisions DIFFERENT DENSITIES, COLOURS AND LENGTH (VIRGIN POLYPROPYLENE) • TechTex is focusing on fast delivery of high-quality orders and customer service, leading to great client MEDICAL EQUIPMENT (2020) satisfaction scores • SURGICAL FACE MASKS • SURGICAL OVERALLS & GOWNS • • FFP2/FFP3 FACE MASKS • SURGICAL BED SHEETS Automation: TechTex has a relatively high level of • SURGICAL CAPS • SURGICAL LATEX GLOVES automation due to new production lines and facilities • Innovation: TechTex is focusing on continuous PERSONAL HYGIENE (2020) product innovation enabled by a highly competent, • DIAPERS talented and entrepreneurial team • WET WIPES LOCATION BIHOR COUNTY MARAMURES COUNTY ORADEA BAIA MARE* *New 16,000 sqm facilities accommodating for 300 employees and new production lines in Baia Mare planned Q4 2020

Objectives Our objective is to develop a regional strategic production facility that offers a wide range of medical and hygiene products that are safe, available and affordable. And by doing so we will also: Secure the access to A secure and medical protection affordable price equipment in time of crises. Faster Production Create 300 new jobs time Continuous research and development on new materials and products

Building on their competency within non-woven technical textiles, Techtex has started producing face masks for the Romanian market and has plans for additional expansion. OBJECTIVE IN CLOSE COLLABORATION WITH THE ROMANIANGOVERNMENT Techtex has been in close dialogue with the Minister of Economy, Energy “ Our objective is to develop a regional strategic production and Business, throughout the planning stages and has received a bank facility that offers a wide range of medical and hygiene loan with governmental warranty totaling 20 mEUR for the new medical products that are safe, available andaffordable. equipment production lines. By doing so we willalso • Securenationalaccesstomedicalprotectionequipment • Reduce production and delivery time” - TechtexManagement TECHTEX HAS ALREADY STARTED THEIR FACE MASK PRODUCTION AND ARE ON SCHEDULE TO RAMP UP THE PRODUCTION CAPACITY FURTHER Techtex is gradually scaling up the production of face masks to Possibility to 15m units per month . There is further potential to increase the APRIL 2020 provide capacity to 35m masks per month fromSeptember. First production line (surgicalmasks) polypropylene PRODUCTION CAPACITY FOR MEDICAL FACE MASKS(mUnits/month) 10 million masks per month non-wovenraw 35 material for a FFP3 2 wide range of 3 FFP2 surgical Surgical POTENTIAL TO protective INVEST IN A equipment: NEWSURGICAL JUNE 2020 15 15 15 MASKMACHINE • Gowns Additional productionlines, 30 2 2 2 WITH 20 M / 10 10 • Caps/bonnets incl. FFP2 & FFP3masks 3 3 3 MONTH IN • Footwear ADDITIONAL 15 million masks per month CAPACITY 10 10 10 • Bedsheets April May June July August September Patrick Palmgren, Thomas Bagley, Head of M&A Head of Capital Damian Olsen +47 958 94093 Strictly confidential – Allrightsreserved – BearingPoint2020 M: +46 73-321 1639 M: +47 932 12591 Oscar Heyden +47 905 13067 patrick.palmgren@bearingpoint.com thomas.bagley@bearingpoint.com

Moving forward, Techtex will invest further in a medical and personal hygiene non-woven production division within TechTex, consisting of seven key products in high demand. TECHTEX WILL START PRODUCING 7 NEW PRODUCTS WITHIN THE MEDICAL AND HYGIENE TECHTEX HAS SECURED ACCESS TO RAW CATEGORIES MATERIALS AND WILL PRODUCE THEKEY NON-WOVEN MEDICAL PROTECTIVEEQUIPMENT NON-WOVEN MATERIALSIN-HOUSE FACE MASKS (SURGICAL &FFP2/FFP3) DISPOSABLE SURGICAL GOWNS &OVERALLS Techtex has secured access to Material: Meltblown filter 1.6m, spunbond + meltblown Material: Spunbond + meltblown filter 1.6m the raw materials needed to filter 1.6m, spunbond PP 3.2m Production: Textile material is cut and welded with produce the non-woven materials Production: Formed and reinforced with ultrasound ultrasound for the medical & hygiene Annual production: 150 million units (350m if expanded) Annual production: 4 million units products. Non-woven materials produced in-house DISPOSABLE SURGICALCAPS DISPOSABLE BED SHEETS (SURGICALDRAPES) Roll of meltblown filter material, max Material: Spunbond PP 3.2m Material: Spunbond PP 3.2m width1.6m Production: Textile material is cut and welded with Production: Textile material is cut andfolded Annual capacity: 600t ultrasound Annual production: : 7 million units Annual production: 30 million units Roll of spunbound + meltblown filter material, max width1.6m Annual capacity: 4 000t NON-WOVEN HYGIENEPRODUCTS DISPOSABLE DIAPERS WETWIPES Material: Cellulose pulp (sourced), spunbond +meltblown Roll of spunbound PP, max width3.2m Material: Meltblown filter 1.6m, spunlace2.5m Annual capacity: 3 000t filter 1.6m, spunbond PP 3.2m, spunlace2.5m Production: The textile material is moistened, cut, and Production: Celluloseisinjectedbetweenthetextilelayers, packaged then the diapers areformed with ultrasound Annual production: 1 million packages Annual production: 15 million units Roll of spunlance material, max width 2.5m Annual capacity: 8 000t LATEXGLOVES Additional sourced materials for diapers &gloves SURGICAL LATEXGLOVES Material: Latex(sourced) Cellulos e Latex Production: The molds pass through successive latexbaths, pulp Sourced Sourced are dried andpacked Annual capacity: 145 millionunits Pictures are only illustrative Patrick Palmgren, Thomas Bagley, Head of M&A Head of Capital Damian Olsen +47 958 94093 Strictly confidential – Allrightsreserved – BearingPoint2020 54 M: +46 73-321 1639 M: +47 932 12591 Oscar Heyden +47 905 13067 patrick.palmgren@bearingpoint.com thomas.bagley@bearingpoint.com

The plans include investments into new machinery, production lines and buildings to increase TechTex ’s capacity to deliver across all medical and hygiene product categories. TENTATIVE PROJECT PLAN FOR ESTABLISHING THE MEDICAL AND HYGIENE PRODUCTIONLINES THE INVESTMENTS ARE COVERING NEW FACILITIESAND Time and investment estimates based on offers from suppliers of machinery (subject tochange). TECHNOLOGY FOR THE NEW PRODUCTIONLINES New and expanded production facilities forTechTex 2020 2021 Milestones – tentative project plan Apr May Jun Jul Aug Sep Oct Nov Dec Jan Building Surgical masks productionline FFP2 & FFP3masks production line Spunbound production line1S-3.2LM Surgical gowns productionline Surgical caps productionline Techtex has identified a suitable area for constructing new production facilities to accommodate for TechTex’s expanded Disposable bed sheets productionline productionlines . The new 16.000 sqm factory will be located in Baia Mare, on land ownedby Diaper productionline the Group. With construction permits already in place the construction can start fast and is expected to be completed and fully operational by Q42020. Wet wipes productionline Melt-blown production line1.6LM High-performance technological production lines Spunbound+meltblown production line 1.6 LMSMMS Latex gloves productionline Techtex is acquiring in total 4 new machineries to produce the materials required, as well as 8 new high-performance technological production lines for The Group’s bank loan with governmental warranty will be used to cover theinvestments. the assembly of the products. In addition, the Group is considering purchasing an additional surgical mask machine, increasing capacity with 20m surgical masks permonth. Patrick Palmgren, Thomas Bagley, Head of M&A Head of Capital Damian Olsen +47 958 94093 Strictly confidential – Allrightsreserved – BearingPoint2020 55 M: +46 73-321 1639 M: +47 932 12591 Oscar Heyden +47 905 13067 patrick.palmgren@bearingpoint.com thomas.bagley@bearingpoint.com

Conclusion “Our goal is for Techtex to become the biggest regional strategic manufacturer of medial and hygiene products that are safe, available for everybody and affordable.” Thank-you!