Reflecting the global progress in raising standards of product innovation, SPIndustries provide solutions with special developed equipment that covers the electrical Motor Production sector, Slot wedge Production and development as well as Electrical Insulation Materials. Major investment has led to further development of the company's product and service range. Our Products provide exceptional performance, with various configurations offering greater flexibility and cost-saving benefits to both client and end-user. Quality Assurance The company‘s systems and procedures comply with BS EN ISO9001 requirements and the local environmental standards. Emphasis is placed on operator safety and close consultation with clients is maintained throughout the manufacturing process. Sales and Technical Support A team of highly qualified Engineers provides invaluable support to the company. The Managers and their Team can draw on the benefits of shared knowledge and experience of many years in business and are available to answer queries or to expand on relevant points as necessary. Manufacturing and Testing Each project is closely monitored during all stages of manufacture and detailed progress reports are compiled. Professional expertise and technical guidance is available to ensure that the same high degree of care and attention applied during manufacture is applied at the hand-over stage. Warranty is available through the company‘s service and maintenance contracts. 1.0 Company Structure

Over the years, SPIndustries achieved growth through both Acquisition of New Customers and internal development. In 2001, we founded SPIndustries Kft HUNGARY to recognize our move into diversified businesses beyond Trading operations, like Manufacturing and New Product Development. Our First Project in this new direction was the manufacturing of KONE Elevator Motors. This Project is running and growing since that time. Currently, our Trading Products, manufacturer and market products are primarily for the European market, where 85% of our revenues are derived.Main Focus in Europe is the Scandinavian and Austrian Market. The remaining 15 % are made mainly in Asia. We have [2] manufacturing facilities located in Hungary as well as [2] Office Settlements in Austria and Hungary with approximately 160 employees in total. SPIndustries major own Product is a Magnetical Slot Wedge with superior electrical and mechanical abilities. It reduces the amount of energy losses produced by motors. The company's core technology, which is based on patented improvements, is effective on motors and generators that run at different speeds and under variable loads. These motors are found in elevators, trains, traction systems, wind power generators and many other applications. The savings are typically around 15-25%. SPIndustries Austria and SPIndustries Hungary are since many years the Market Leader in Slotwedge Technology and Slotwedge Sales. 2.0 Company Development

Establishment of SPI 1998 – Founding of SPIndustries Austria GmbH Trading Company Start of KONE Project 2001 – Foundation of SPIndustries Kft. Manufacturing Dunakiliti / HUNGARY 2005 – Start of Cooperation Outsourcing Production Traction Systems Austria Foundation of SPIndustries Gmbh & CO KG AUSTRIA New Production Plant SPIndustries Mosonmagyarovar HUNGARY New Sales Office De Leon Springs / USA New Production Building MAGNETIC WEDGES New Machinig Center for EPOXY and POLYESTER Parts Cooperation with European ELECTRICAL INSULATION Manufacturer New Production Site purchased in Mosonmagyarovar Hungary 3.0 History Line

MAGNETIC conductive Slotwedges EPOXY Slotwedges Elevator Motors Traction Motors Generators Stators Coil Taping Works Coil Shaping Electrical Insulation Material Insulation KITs/Packages Machined Parts Composite Parts 4.0 Main Products

Magnetic and Non Magnetic Slotwedges With own Patent In Thermal Class F and also Class H (SPI is the only Manufacturer in the World for Class H) 4.0 Main Products

Coils & Windings Taping Works 4.0 Main Products

Motor Components 4.0 Main Products

Flat Disk Stators 4.0 Main Products

Trading with Electrical Insulation Material Electrical Ins. Tapes Technical Laminates Insulation Sleevings Insulation Varnishes…and many more Machined Parts from different Materials Glass Epoxy Laminates Phenolic Paper Laminates Polyamid Polyester Laminates 4.0 Main Products

5.0 Major Customers

- Distribution Contract for Resins and Varnishes for Austria and Eastern European Countries - Cooperation with German Insulation Material Manufacturer for Austria and Eastern Europe - Hungary – Bosnia - Serbia- Romania - Finishing of Second Production Hall for Elevator Motors - Sales office USA established - SPIndustries Mosonmagyarovar (Greenfield Operations ~40.000m², Buildings ~5000m²) - SPI China ( 20….. ? ) - R & D Magnetic Wedges with Laminated Insulation ( Nomex, Poromat ) - 3 New Types Magnetic Wedges for : Windgenerators ; Induction Machines ;Traction Machines 6.0 New Projects / Developments

Employees Locations Turnover ,5M M M Vision Mio. € ,8M M M 7.0 Facts & Figures