Capital Markets Day 14 March 2017

Agenda and presenters Aspocomp’s global supply chain Antti Ojala, VP Business Development Aspocomp’s Strategy Mikko Montonen, CEO Aspocomp’s customer segments and solutions Tero Päärni, VP Sales Financials Jouni Kinnunen, CFO 14.3.2017 Capital Markets Day

GLOBAL SUPPLY CHAIN Antti Ojala VP Business Development

Mission and vision behind our global supply chain strategy To supply cost effectively PCBs with the right quality for customers’ demands To be aware of the Chinese supplier market in order to be able to offer solutions to customers’ requirements in the future Vision Aspocomp to have a stable, balanced and reliable low-cost volume supplier base in China 14.3.2017 Capital Markets Day

Global supply chain with nine factories in Asia Since 2011, Aspocomp has started to put emphasis on volume supply services Today, Aspocomp has 9 audited and approved factories Dedicated logistics and quality assurance organization in Finland and in China SHANGHAI LONGCHUAN QINGYUAN GUANGZHOU ZONGSHAN SHENZHEN X 4 VOLUME FACTORIES IN CHINA 14.3.2017 Capital Markets Day

Challenges that customers are facing in the global PCB markets Price as a differentiating factor in the competition Customer’s customers more and more interested in the price  Clear cost pressure from many directions Competition, products and legislation becoming more complicated Tightening reliability requirements Common challenge is the combining of affordable unit costs with high quality and reliability requirements 14.3.2017 Capital Markets Day

Aspocomp brings added value to electronics supply chain Commercial aspects Logistics services Supplier management Technical support Quality assurance & control Commercial aspects Logistics services Supplier management Technical support Quality assurance & control 14.3.2017 Capital Markets Day

Quality assurance & control 1. Commercial aspects Aspocomp offers a single point of contact for all technologies Support in combining affordable unit costs with high quality and reliability requirements According to Aspocomp’s customer satisfaction survey, 100% of Aspocomp’s customers recommended Aspocomp Global supply chain Commercial team in Europe and China Lean and efficient organization Commercial aspects Logistics services Supplier management Technical support Quality assurance & control 14.3.2017 Capital Markets Day

Quality assurance & control 2. Logistics services Single point of contact for all logistics related issues Provision of detailed information about shipments in advance Multi-model transportation possibilities (air, sea, truck and their combinations) Optimization of logistics brings cost savings Commercial aspects Logistics services Supplier management Technical support Quality assurance & control 14.3.2017 Capital Markets Day

Quality assurance & control 3. Supplier management Carefully drafted agreements and negotiations in Asia Carefully selected and audited factories As a PCB manufacturer, Aspocomp has excellent expertise and experience in managing and training volume factories We are making PCBs – our customers (or traders) aren’t Excellent relationship with the factories Commercial aspects Logistics services Supplier management Technical support Quality assurance & control 14.3.2017 Capital Markets Day

Quality assurance & control 4. Technical support Aspocomp’s technical expertise and technical support are world class Local technical support organization both in Europe and in China One point of contact for all technologies All possible technologies available Commercial aspects Logistics services Supplier management Technical support Quality assurance & control 14.3.2017 Capital Markets Day

5. Quality assurance & control Long experience in manufacturing demanding PBCs Global perspective: Own quality personnel in Asia doing close cooperation with the European quality organization Single point of contact for all quality related issues Smooth process for handling potential reclamations Commercial aspects Logistics services Supplier management Technical support Quality assurance & control 14.3.2017 Capital Markets Day

Volume supply partner profiles Layer count, complexity HDI, ML (Shenzhen) Small to medium Volumes TS16949 Certified Advanced HDI, high layer count ML, flex High capability & volume TS16949 certified, 2 plants in China (Shanghai and Guangzhou) 18-L / HDI DS, ML (Shenzhen) Very small volumes TS16949 Certified (Qingyuan) Standard ML, 2 factories (Shenzhen and Longchuan) Medium volume TS16949 certified Standard ML 2-12L (Zhongshan) High volume TS16949 certified 8-L 4-L 2-L STH, SCO, CPTH (Shenzhen) TS16949 certified 1-L 0 m2 10 m2 20m2 30m2 40m2 Batch size 14.3.2017 Capital Markets Day

Purchasing portfolio analysis Difficult to change Bottleneck technologies Strategic technologies Ordinary technologies Volume technologies Aspocomp’s focus Low volume High volume Focusing on Easy to change Oct 8, 2014 Presentation to ACG Board

Aspocomp’s supplier selection process Identification of potential partners Questionnaire NDA and request for quotation Preliminary auditing Sample PCBs Approval auditing SUPPLIER APPROVED Process initiated by Aspocomp’s volume supplier strategy and/or customer’s technology need Used Standard: VDA 6.3 German Automotive Standard Suppliers assessed every two years 14.3.2017 Capital Markets Day

Strategic targets for supply chain management Taking price, quality, delivery accuracy and environmental & social issues into account, most economical total landed cost sourcing Balanced supplier base Avoiding single sourcing situations, risk management Not too many suppliers, we must have convincing purchase power at each supplier Rightness of the offered technologies Oct 8, 2014 Presentation to ACG Board

Summary of Aspocomp’s strengths in supply chain management Wide technology portfolio Strong partners in portfolio Local organization in China Technical and commercial knowledge Own production strengthens our credibility Cross-trading logistics routines with existing customers Performance, DA and DQ Bringing added value to electronics supply chain 14.3.2017 Capital Markets Day