1. HOT WATER RENEWABLES AIR-CONDITIONING CENTRAL HEATING WELCOME AT STIEBEL ELTRON

2. 10.08.20151 » 1894 Theodor Hermann Friedrich Stiebel was born on the 28 th February in Braunschweig » 1900 – 1904 Attendance of the citizen school » 1913 High school graduation – Gaussschule / Braunschweig » 1914 - 1918 Military service » 1921 Graduate with honour from the technical university Munich » 1922 – 1924 Assistant at the technical university in Berlin » 1923 Invention of the first ring immersion heater » In co-operation with his uncle Carl Reese from Holzminden the first electrical heating elements have been developed for an entrepreneur from Berlin THE FOUNDER OF STIEBEL ELTRON DR. THEODOR STIEBEL

3. 10.08.20152 » 1924 Theodor Stiebel received the doctor‘s degree (Dr. rer. pol.) from the Friedrich William university in Berlin » 1924 5. May foundation of the company "ELTRON Dr. Theodor Stiebel„ in Berlin » 1943 Parts of the production are shifted to Holzminden » 1945Commencement of the production in Holzminden » 1960 On 9 September Dr. Theodor Stiebel died at the age of 66 » As holder of 160 national and international patents, he is among the pioneers of electric water and space heating THE FOUNDER OF STIEBEL ELTRON DR. THEODOR STIEBEL

4. HOT WATER RENEWABLES AIR-CONDITIONING CENTRAL HEATING TIME JOURNEY STIEBEL ELTRON

5. 10.08.20154 1924-1938 1924Dr.Theodor Stiebel develops the first ring-type immersion heater and founds the „ELTRON“ Company on 5 May » Starting capital 20.000 Reichsmark 1934 The factory buildings at Reichenberger street have become too small – the company moves to Berlin-Tempelhof 1927 The first compact 1000 W instantaneous water heater is manufactured 1938 Large instantaneous water heaters go into production » By 1938 35 German and 12 international patents were issued

6. 10.08.20155 1943-1949 1943 Bombed out of Berlin, STIEBEL ELTRON startsfrom scratch in Holzminden only a year later 1946 Production of electrical appliances such as forced-air ovens, immersion heaters and hot plates is resumed 1945 Production starts with non-electric appliances such as pats, frying pans, laundry sprinklers and pressing irons 1949 DH 18 – the first hydraulically controlled instantaneous water heater is build

7. 10.08.20156 1950-1960 1950 The range is extended to include electric/solid fuel bathroom ovens 1952 Under the new company name „STIEBEL ELTRON“ the first aircraft kitchenettes are produced 1960 Company founder, Dr. Theodor Stiebel dies on 9 September, aged 66 1958 The first EBK 5 wall kettle is launched » In 1958 145.000 hot water appliances are produced - an upward trend

8. 10.08.20157 1964-1973 1965 From 1965 to 1981 the manufacturing range is extended to include private and industrial ironing presses 1968 STIEBEL ELTRON develops storage heaters, pioneering modern electric space heating 1964 STIEBEL ELTRON continues on ist way up: sales pass the DM 100 m border » New in the range: convector heaters 1973 Sales exceed DM 240 m » STIEBEL ELTRON expands further introducing gas appliances into the range

9. 10.08.20158 1976-1987 1977 The use of solar energy entails utilizing solar collectors 1976 STIEBEL ELTRON develops heat pumps for space heating and hot water, using ambient heat for domestic and commercial appliances 1982 STIEBEL ELTRON invests in new and extended sales offices in Germany » In Holzminden a new training centre is build to accommodate some 25.000 seminar participants annually 1987 STIEBEL ELTRON launches DHE – the worlds first fully electronic instantaneous water heater

10. 10.08.20159 1990-1995 1991 The product range is extended to include ventilation with heat recovery units. Group sales exceed DM 500 m for the first time 1990 The new air-conditioning range provides a feeling of well being: the units cool, dehumidify and heat 1994 Europe s most advanced water cylinder factory is opened in Holzminden 1995 STIEBEL ELTRON is the first German company to assess the environmental impact of storage heaters

11. 10.08.201510 1997-2001 1999 STIEBEL ELTRON launches LWZ 303 – the first integrated unit to encompass all building management systems 1997 STIEBEL ELTRON presents a world innovation SCOT: » trendsetting technology for gas-type identification 2000 World exhibition in Hanover » STIEBEL ELTRON presents in Holzminden,Hofanlage Brombeerweg‘ intelligent, network building management systems 2001 25 years heat pumps » STIEBEL ELTRON offers one of the most extensive delivery programs for the heat sources air, water and soil

12. 10.08.201511 2004-2007 2004 Success becomes generally accepted » The 2-millions electronic instantaneous water heaters is produced 2005 Independent committee of specialists distinguishes » STIEBEL ELTRON belongs hereby to the best best ones, to of Germany 100 strongest marks - to "Superbrands“ 2006 Elektronic „Made in Holzminden“ » New electronic production started from January 2007 Renewable energies » In this year's spring the most modern and biggest production for heat pumps in Middle Europe started

13. HOT WATER RENEWABLES AIR-CONDITIONING CENTRAL HEATING THE COMPANY

14. 10.08.201513 » STIEBEL ELTRON is a medium-sized group of companies » The owners: Frank and Dr. Ulrich Stiebel - the sons of the founder Dr. Theodor Stiebel » The group of companies employs approx. 3.200 employees » The turnover of the STIEBEL ELTRON companies amounts to € 457 Mio. in 2008 THE STIEBEL ELTRON GROUP

15. 10.08.201514 THE STIEBEL ELTRON GROUP » STIEBEL ELTRON is a medium-sized group of companies » The owners: Frank and Dr. Ulrich Stiebel - the sons of the founder Dr. Theodor Stiebel » The group of companies employs approx. 3.200 employees » The turnover of the STIEBEL ELTRON companies amounts to € 457 Mio. in 2008

16. 10.08.201515 FACTORY HOLZMINDEN

17. 10.08.201516 STIEBEL ELTRON PRODUCTION PLANTS IN GERMANY » Holzminden » Electrical appliances, system technology » Electronic- and electromechanical components / controls » Eschwege » Plastic parts » Small storage water heaters

18. 10.08.201517 Organisational structure » Head of the sales centre » Head of internal services » Sales » Expert adviser - technology » Sales representative » Sales representative – renewables » Sales representative - house building » Specialized adviser » Customer service STIEBEL ELTRON SALES CENTRES IN GERMANY

19. 10.08.201518 » Poprad - Hot water tanks ( East European and Asian markets) » Ayutthaya- Small instantaneous water heaters and Shower Units (Asian/Pacific region) » Tianjin- Space heating elements (Asian/Pacific region) Poprad (Slowakei) Tianjin (VR China) Ayutthaya (Thailand) STIEBEL ELTRON PRODUCTION PLANTS EASTERN EUROPE AND ASIA

20. 10.08.201519 STIEBEL ELTRON AGENCIES WORLD-WIDE USA China Japan Thailand Russian Federation Belgium France Germany The Netherlands Austria Poland Czech Republic Slovakia Switzerland Hungary U.K. Europe

21. 10.08.201520 Room air Conditioning Space heatingWarm water Renewables Heat pumps SolarHouse ventilation STIEBEL ELTRON PROGRAM SUMMERY

22. 10.08.201521 Consumers Wholesale-tradeTrade SALES CHANNELS, COMMUNICATION AND SERVICE End consumer - Advertisement Professional advertisement, Sales promotion Public-Relation Fairs, Exhibitions Training, Data service and Information Technical consultation, Customer service

23. 10.08.201522 Ventilation Single-room ventilation units Central ventilation units Integral systems Air- / water heat pumps Brine- / water heat pump Water- / water heat pump Solar High efficiency flat collectors Floor mounted storage heater Portable air dehumidifier Multi-split air conditioning units Hydrima ® - air conditioning units Air dehumidifier Bath towel heating elements Direct heating Electrical central heating units Direct heaters Natural stone heaters Floor heating mats Ventilation heating systems Storage heaters Warm water Instantaneous water heaters Wall mounted water heaters „Point of use“ water heaters Table mounted water heaters Floor mounted water heaters Space heating Renewable energies Air- conditioning Boiling water appliances Small instantaneous water heaters Heat pumps STIEBEL ELTRON PRODUCTS Hand driers

24. 10.08.201523 » STIEBEL ELTRON is DIN EN ISO 9001 certified since August 1994 » Meaning: STIEBEL ELTRON is using a Quality-Management-System CERTIFIED DIN EN ISO 9001

25. 10.08.201524 » STIEBEL ELTRON Eschwege was audited in March 1997 » Meaning: STIEBEL ELTRON Eschwege is producing under environmental protecting aspects ENVIRONMENTAL AUDIT FOR FACTORY ESCHWEGE

26. 10.08.201525 » Quality certificate for enamelled products, by the European Enamel Authority (EEA) » Members of the EEA: Austrian enamel associations, Belgium,The Netherlands, Great Britain and Germany » Strictest requirements regarding the quality like: Corrosion protection, longevity, hardness-, warmth and temperature shock stability » STIEBEL ELTRON is the first company world-wide being certified » Applies to all enamelled hot water tanks manufactured with STIEBEL ELTRON » Wall mounted water heaters 30-150 Litres » Floor mounted water heaters 200-600 Litres » Solar warm water floor mounted storage heaters 300-700 Litres CERTIFICATE FOR BEST ENAMEL QUALITY

27. 10.08.201526 » Honour takes place via an independent committee of brand experts from industry, advertising industry and media » A condition: The brand must have a grown brand history, possess a clear brand identity and bring products out of above average quality » Presentation of the brand by the offensive PR work of super fire in the most diverse media, as n-tv, trade paper and a final consumer oriented print medium SUPERBRANDS GERMANY

28. 10.08.201527 » Instantaneous water heater » Storage water heater » Night storage heater » Hand-dryer » Heat pumps » Air-ventilation with heat recovery » Solar » Air-Conditioning » Taps and Fittings » Electric central heating PRODUCT RANGE

29. 10.08.201528 » Employees in Germany2.200 » Factory Holzminden1.600 » Manufacturing 800 » Factory Eschwege 150 » Sales and distribution 450 » Employees abroad1.000 » Employees complete3.200 » Turnover in 2008 457 Mio. € Factory Holzminden » Factory plant 327.000 m 2 » Effective area122.000 m 2 » Cultivated surface 96.400 m 2 » Manufacturing 33.900 m 2 » Material store 12.200 m 2 » Logistics centre 25.000 m 2 STIEBEL ELTRON FACTS Conditions: 01/2009

30. 10.08.201529 SERVICE Sales general and technical information Customer service Spare part sales Telephone +49 (0180 3) 700705 / Fax +49 (0180 3) 702015 Email: info-center@stiebel-eltron.de Telephone +49 (0180 3) 702020 / Fax +49 (0180 3) 702025 Email: kundendienst@stiebel-eltron.de Telephone +49 (0180 3) 702030 / Fax +49 (0180 3) 702035 Email: ersatzteile@stiebel-eltron.de Phone calls to these numbers cost 0.09 €/min Sales centres Telephone +49 (0180 3) 702010 / Fax +49 (0180 3) 702004