1. Lowes Canada
Presentation & Overview
July 29th, 2015 Brantford, ON

2. Distribution Centre Tour
Meeting Itinerary // Lowes Canada
Plant Tour
9am
Paris, ON
Distribution Centre Tour
10am
Brantford, ON
Presentation
10.30am
Boardroom 1
Working Lunch
12pm
Catered to Office 2

3. Joseph Olejarz Director, Manufacturing
Paris Plant Tour
Production & KPI Overview
Joseph Olejarz Director, Manufacturing

4. Paris Plant // General Visitor Safety Rules
Visitors must sign in and out at the entrance
A visitor must be escorted at all times
The visitor’s badge or temporary authorization card must be visible at all times
Cell phones and pagers must be turned off in all areas except for the main offices, canteen and training facility
Cameras are not permitted
Smoking is prohibited inside the plant
Safety glasses and steel-toed safety shoes are required in all plant areas
Open-toed, high-heeled, or platform shoes are not permitted in manufacturing or laboratory areas
Only vehicles required for work will be allowed to enter the plant
In case of an emergency, the Mitten employee will escort the visitor(s) to a safe location

5. Paris Plant // Emergency Procedures
If a plant-wide evacuation is necessary, you will hear an evacuation alarm (siren)
Your host will remain with you and escort you to a designated meeting place (parking lot), should the need arise
Once the “All Clear” is announced, normal activities can then be resumed

6. Ply Gem North American Siding Facilities
Martinsburg
Vinyl Plants (5)
Metal Plants (1)
Inj Molding Plant (1)
Kearney
Jasper
Sidney
Location:
Square Feet:
Fence & Rail Plants (2)
Manufactured Stone (1)
Stuarts Draft
York
Middleburg
Gaffney
Fair Bluff
Martinsburg, WV
163,000 sq. ft.
Jasper, TN
270,000 sq. ft.
Gaffney, SC
278,000 sq. ft.
Stuarts Draft, VA
257,000 sq. ft.
Fair Bluff, NC
220,000 sq. ft.
Middleburg, PA
10,000 sq. ft.
Kearney, MO
175,000 sq. ft.
Paris, ON
York, NE
150,000 sq. ft.
100,000 sq. ft.
Sidney, OH
986,000 sq. ft.
Confidential

7. Product Portfolio Breadth
Vinyl Siding, Aluminum Accessories, Designer Accents, Shutters, Fence & Rail, Manufactured Stone, Cellular PVC Trim, Polymer Shake & Shingles…and more!
Multiple Markets
Repair/Remodel
New Construction
Multiple Channels
Home Centers
Lumberyards
Wholesale
Mfd. Housing
Multiple Products
Specialty
Premium
Standard
Economy

8. Paris Plant // Tour Agenda
Our Vision
Paris Team
EH&S Performance
Manufacturing Volumes
Quality Assurance
KPI’s
Facility Review
…in pursuit of excellence, establishing a world class safety culture at Mitten

9. Paris Plant / Tour Agenda
Paris Plant // Vision
Paris Plant / Tour Agenda
To be the top performing and most innovative Ply Gem facility, excelling in safety, environmental stewardship, quality and productivity
To achieve this we will:
Relentlessly pursue our journey towards living incident-free
Develop engaged and enthusiastic employees
Build strong and responsive partnerships with our customers suppliers and the community
Attain a high level of operational and service excellence
Produce cost competitive, quality products
Implement sustainable improvements to our processes and products

10. Joseph Olejarz Director, Manufacturing
Paris Plant // Manufacturing Organization
Jennifer Horrocks
HR/EHS Mgr
Amanda Carnahan
HR Assist
Joseph Olejarz Director, Manufacturing
Shawn Fiarless
Shift Supervisor
Ken Rollins
Larry Mendoca
Van Petrella
Projects
Roxanne Mannen
Production Scheduler
Carmina Alcantara Mgr
Cost Accountant
Dayne Tooze
R&D/Process Engineer
Rob Mendonca
Maint Mgr
Carlos DeSilva
Warehouse Supervisor
Staffing Allocation:
(summer season) employees
Production %
Maintenance 10%
Warehouse %
QC/Warranty %
Engineering / R&D 1%
Accounting 1%
HR/IT %
Becky Zulkosky BS/IT Mgr
Guy Bootsma
Abdulla Qeblawi
Brett Hiller
Aoron Moloci

11. Paris Plant // Production Overview
Plant Capacity
Total Plant demonstrated capacity is 108M lbs
Plant utilizations is aligned with demand forecasting
Seasonal adjustments June -October
Supported by US Ply Gem Siding Group ( 5 siding manufacturing plants)
Line 6: Cincinnati, 135mm, 250HP
Lines 2,5 & 7: Krauss Maffei, 130mm, 200HP
Lines 1, 3, 4 &7: Krauss Maffei , 110mm 75 HP
Auto-packaging: lines 6,2&7

12. Paris Plant // Production Menu

13. Paris Plant // R&D Capabilities
Mitten Lab is equipped to do comparative product testing, including accelerated weathering
R&D testing capabilities including fusion, colour, heat build analysis, and more
Full access to the Ply Gem siding group technical resources for enhanced capabilities

14. Lowes Canada
Presentation & Overview
July 29th, 2015 Brantford, ON

15. Presentation // Lowes Canada
Ply Gem Overview and Strategic Priorities
Market Update
Vinyl Positioning
Products
Merchandising 15

16. Ply Gem OVERVIEW & Strategic Priorities

17. Who is Mitten? A High Level Overview
Mitten has been manufacturing vinyl siding in Canada since 1959
Mitten also distributes premium exterior building products:
Ply Gem Aluminum products, Blocks & Vents, PVC Trim, Windows & Doors
Other Allied products including GenStone, Novik, Tyvek and more…
There are 18 Mitten Branch locations across Canada serving the Retail, New Construction and Repair/Remodeling channels
Mitten serves Distributors in the US and International markets from its DC in Brantford, ON
Mitten is a division of Ply Gem, Inc.

18. 18 Branches Across Canada To Serve You!
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19. Markets Served // Retail
The Mitten customer base includes industry-leading Retailers across Canada
Mitten helps Canadian retailers profitably grow their business via our unique, corporate Ply Gem and sourced exterior building products portfolio, distributed nationally through 18 regional distribution centres.
Retailers benefit from increased profitability via integrated products, marketing, merchandising and logistics service solutions. One order-one-invoice-one shipment
Our program features the industry-leading vinyl siding brand and best-in-class merchandising support

20. Why Customers Love Us!
The Designed Exterior: a broad mix of exterior building product categories that compliment each other
Color matched Vinyl, Aluminum, Blocks & Vents, Shakes
The Colors of Mitten – The most complete color offering in the industry (16 Standard, 17 Premium, 9 Custom)
A dedicated sales force targeted by channel
A nation-wide network of professional applicators that have been installing our products since 1959
Lifetime transferable vinyl warranty
Continual innovation and new products
Mitten is the market share leader in Canada
There are 18 Mitten Branch locations across Canada

21. Ply Gem // The Designed Exterior Product Offering
Gable vents and accessories
Gutter protection systems
Vinyl and aluminum soffit
Window mantles
Manufactured Stone
Vinyl and aluminum siding
Shutters
Mounting Blocks
Decorative corner posts
Rain removal systems
Door surround systems
Patio and Entry Doors
Windows
Vinyl Railing and Fencing
Composite Rail
Outdoor Structures
Cellular PVC Trim

22. Drive Change - Innovate for Growth - Lead Smarter
Ply Gem // Strategic Priorities
Maintain a Leading and Sustainable Brand
Create a more efficient Supply Chain
Implement World Class Safety & Quality standards
Improve Speed - to - Market
Drive Change - Innovate for Growth - Lead Smarter

23. Ply Gem // Building Our Culture

24. Ply Gem // Building Our Culture
One company.
Hundreds of products.
Endless possibilities.

25. MARKET UPDATE

26. Siding Market // North America 2016 Forecast
Market expansion continues to drive growth opportunities, with the largest segment being in vinyl siding
Siding Material
2013
MMSF
2016e
CAGR
‘13-’16
Vinyl
20.8
25.1 6%
Brick
5.5
7.2 9%
Wood
8.3
9.5 4%
Fiber Cem
9.7
11.7 7%
Mfr Stone
1.5
1.9
Eng Wood
8.6
Stucco/EIFS
5.2
6.7
Poly Shake
1.1
1.4
Metal
1.0
1.2
Growth
$MM
298
271
139
137
120 82 73 37 23
SIDING INDUSTRY, UNITS BY MATERIAL BREAKDOWN (MMSQ)
2016e
Source: Principia, Residential Siding & Trim, 2014

27. Siding Market // Industry Leader
Daniel
Industry statistics tracked through VSI show that Mitten consistently has a Canadian market share ~26% in Vinyl Siding
Recent performance in 2015 has increased that share to well above 30% in Canada for the months of April, May and June

28. 18 Branches Across Canada To Serve You!
Mitten has the national presence to serve stores coast-to-coast
Mitten has local market expertise to determine regional program requirements including A, B, C market analysis and Plan-o-gram development for each category of store

29. Vinyl Siding // Industry Trends
Darker, richer colors are becoming dominant
Mid-tone beiges are being mixed with bold accents
Stone with lap siding to create the popular modern rustic style
Metal accents with unique color palettes, including copper

30. VINYL positionING

31. Vinyl Positioning // The Challenge
Vinyl Siding remains the market’s #1 choice for cladding but is under pressure from alternative cladding products
Fiber Cement and Engineered Wood are growing, while Vinyl Siding is projected to maintain share in both New Construction and Repair and Remodeling
The vinyl industry needs to counteract claims made by manufacturers of Fiber Cement and Engineered Wood that their products are maintenance-free and long-lasting
As the Leader in the vinyl industry, we plan to address this as a company in 2016

32. Remove negative vinyl reference
Vinyl Positioning // Competitive Messaging
Remove negative vinyl reference
Appearance
Artificial woodgrain
Unsightly caulk lines
Follows dips and contours of walls
Visible nail heads
Wide face panels
Installation
Heavy
Cutting generates crystalline silica dust
Caulking required
Single course installation
Panel height can vary course to course
Expensive to install
Maintenance
Requires periodic caulking and repainting
Chips and scratches need to be filled
Prone to moisture degradation
Requires mold and mildew treatment
Overall
Expensive to buy and install
Requires ongoing maintenance
Prone to moisture damage
Can break on impact
Vinyl is an economical choice with good overall performance and virtually no maintenance

33. :: Estimated data only ::
Vinyl Positioning // Market Segmentation
Good
InsulPlank
Sentry
Highland
Oregon Pride
Entrée
Best
Better
15%
25%
60%
Competitors
Mitten
Portfolio
Market Segmentation
Segment Share
Fibre Cement
Masonry
Fibre Cement
Other Vinyl
Other Vinyl
Wood
:: Estimated data only ::

34. Digital Homeowner Point of Purchase Trade
Vinyl Positioning // War on 4 Fronts
Digital
Homeowner
Point of Purchase
Trade

35. PRODUCTS

36. Remove: on previous presentation
Product Lines
Mitten Vinyl Siding:
InsulPlank
Sentry
Highland
Ply Gem Product Lines:
Aluminum Trim Coil & Accessories
Blocks & Vents
PVC Trim & Mouldings
Allied Product Lines:
Shutters
Decorative Accents
Tools & Accessories
Cambridge
Oregon Pride
Southern Beaded
Engineered Slate Roofing
Fence & Rail
Coming Soon
GenStone
Housewrap
Windows & Doors
Remove: on previous presentation

37. Product Lines // New for 2015
Why Customers Love Us!
New Sentry Colors:
Gunmetal Grey
Regatta Blue

38. Product Lines // Ply Gem Aluminum
Remove: can’t focus on aluminum until we have the right program
Program Features:
51 colors available – matched to
Mitten vinyl colors
21 color-matched for Soffit, Fascia
& Rain Carrying Systems
30 color-matched Trim Coil
Premium Paint System for better workability & performance
Custom designed to meet Canadian market expectations

39. Product Lines // Ply Gem Shutters and Accents
Program Features:
Ply Gem Accents help you bring your project to life with professional and elegant details
Vents & Blocks precisely color-matched to Mitten vinyl siding colors
Over 30 SKUS available
Gabel vents, mounting & electrical blocks, hooded exhaust fans & more
Square gable vent backs saves install time and waste
Remove “shutters” from title

40. Product Lines // Ply Gem PVC Trim
Program Features:
PVC Trim Boards:
Sheets & Corners
Skirt board
Notched Bead Board
Post Wrap
Moulding
No water absorption
No paint peeling
No rot & no pest infestation
Does not require sealing or caulking

41. Allied Products // GenStone
GenStone is a revolutionary faux stone panel system cast from real stone.
Provides an authentic look of a mason's work without the time, cost or hassle
Anyone with basic carpentry skills can install GenStone
CCMC Approval & 25 Year Warranty
Available in a wide variety of styles and colors

42. Allied Products // Novik Shutters
Need a clearer picture of this

43. Product Lines // The Colors of Mitten
Standard (Natural) and Premium (Bold) series combine for an outstanding selection of color choices
Custom colors add the option to special order unique color choices
Our Advanced Color Technology includes a proprietary blend of custom compounds used to produce a longer lasting, more vibrant color palette
Mitten’s Limited Lifetime Warranty includes a Color Fade Guarantee
Remove: in previous presentation

44. MERCHANDISING

45. Retail Merchandising Currently at Lowe’s
Current Merchandising
Current bay at stores has 3 colours in stock
Limited product features and benefits
Difficult to see colour options
Colour fan decks are kept at the Pro Desk
Limited ability to determine various options and how they work together
No understanding of product installation available in bay

46. Retail Merchandising Displays
Specifically Designed To:
Increase Sales
Maximize Space
Create Brand Awareness
Improve Category Management
Promote Higher Margin Product
Remove reference to 8ft unit, not ideal space usage for the cost
Available in:
8ft / 12 panel
6ft / 12 panel
4ft / 8 panel
Stand Alone / 6 panel

47. Retail Merchandising

48. Product Samples & Literature
Fandecks
Showcase Literature
Style Guide
Sample Cases
Hand Samples

49. Ply Gem Interactive Tools
Style Guide
This tool is designed to help customers find their personal home style with inspirational home images and style categories. The screen allows customers to browse homes and make their own personal stylebook to share with their installer
Before & After
This interactive tool walks visitors through enticing before and afters, inspired by the Ply Gem Remodeling Field Guide.
Customers will be amazed at the impact that small structural changes and additions can have on a home’s façade using Mitten colors.

50. Interactive Tools // Visualizer
The user can test different products/colors
Choose stock home images or upload an actual photo of their own home
Have your home professionally “re-designed” for a nominal fee of $15
This tool helps close more sales and promotes color upgrades
BEFORE
AFTER

51. Trade Advertising

53. Siding Market // Vinyl Market Share
Market share remained relatively unchanged among market leaders
Remove: not related
2013
2014
Change
Ply Gem/Mitten
38%
n/c
CertainTeed
26%
Royal/Crane
13%
14%
+1%
Alside/AM
12%
-2%
Kaycan 5% 7%
+2%
Others (3) 4% 3%
-1%
VINYL SIDING MANUFACTURERS, BY MARKET SHARE
U.S. market share is ~38%
Canada market share is ~26.6%
Source: Principia, Residential Siding & Trim, 2014, Management Estimates
Confidential