1. 1.4.2010 Tulikivi Oyj

2. Listed family enterprise Business areas: fireplaces and natural stone products Turnover: EUR 53.1 million Personnel: about 500 6 production facilities: 2 in Juuka, Suomussalmi, Taivassalo, Espoo and Heinävesi Head office in Juuka, North Karelia, Finland Parent company of the corporation: Tulikivi Oyj Tulikivi Corporation

3. 2007Merger of Kermansavi Oy with Tulikivi Oyj 2006 Purchase of Kermansavi Oy 2004 Tulikivi finds a remarkable new soapstone deposit in Juuka 2003Purchase of Kivia Oy 2003Merger of Tulikivi Rakennuskivet Oy with Tulikivi Oyj 2002 Merger of Mittakivi Oy, Kiantastone Oy and Tulipuu Oy with Tulikivi Oyj 2000 Founding of Tulikivi Rakennuskivet Oy through business acquisitions 1999Founding of Suomussalmi factory (Kiantastone Oy), Tulikivi 20 years 1994Tulikivi listed in the Helsinki Stock Exchange 1988First model range for export 1987Mittakivi Oy (custom fireplace factory) was founded as daughter company of Tulikivi 1979Reijo Vauhkonen bought the capital stock of Suomen Vuolukivi Oy End of 1800: Quarrying is active in the village of Nunnanlahti in Juuka. Soapstone fireplaces were exported eg. to St.Petersburg. History of Tulikivi

4. Tulikivi factory Production units

5. Sales Exports Finland

6. Tulikivi’s manufacturing processes and products and their life cycles appeal to environmentally conscious consumers who use the products as primary and secondary heating sources, for interior decoration and for creating a comfortable atmosphere. Our focus is on finished consumer products but we also provide consumers with tailor-made solutions. We sell lining stones to important European heating-appliance manufacturers and supply customers in Finland and Scandinavia with building stones through business-to- business deals. Three product groups Customer Pledge and Procedures

7. Product Group Tulikivi Heating & Environment For customers living in towns or the countryside who are building or renovating their home Also for second homes and summer cottages These customers are interested in the environment, energy and economic efficiency, and comfortable heat

8. Product Group Tulikivi Heating & Environment Heat-retaining Tulikivi and Kermansavi fireplaces and fireplace/bake ovens Available in all Tulikivi’s market areas

9. Product Group Tulikivi Interior & Design For customers living in towns or the suburbs who are building or renovating their home These customers are interested in aesthetic design, durability, comfortable heat and the environment Interior decoration fireplaces under the Tulikivi and Kermansavi brands, surface materials natural stones and ceramics Available in all Tulikivi’s market areas

10. Product Group Tulikivi Interior & Design Tulikivi interior decoration stones On sale in Finland

11. Product Group Tulikivi Cooking For customers living in towns or the countryside who love cooking and/or are owners of fireplaces These customers are interested in cooking, practicality and durability Tulikivi and Kermansavi bake ovens and stoves, Kermansavi utility ceramics Main market area is Finland

12. Sales% By Country 2009 Finland France Germany Belgium Sweden Russia Austria USA Switzerland Italy Others Denmark Other countries: Estonia, Ukraine, Norway, Lithuania, The Netherlands, Romania, Spain, Bulgaria, Slovenia

13. Introduction to soapstone production

14. Sawing with chain saws Height of the line about 2m Removing of blocks

15. Cutting of the blocks to a size suitable for the production Cutting of the blocks

16. Blocks sawn to smaller pieces A block is sawn at right angle against grain Gang saw

17. Blocks are sawn into slabs along the grain Block-cutter

18. A block is sawn along the grain into a slab. The ends of the slabs will be cut, their thickness and width will be calibrated, surface will be matt finished, they will be bevelled and cut into certain lengths Production line

19. Computer controlled A robot cuts preshaped stones Waterjet cutting

20. Allows different shaped objects with rounded edges to be made CNC machine

21. Bevelling, polishing and quality control Work is done with grinders and bevelling machines that operate with compressed air Finishing

22. Finally the products are packed in enduring transport packages A fireplace package includes doors and assembly materials Transport package

23. Tulikivi Oyj 83900 JUUKA www.tulikivi.com Thank you!