1. Who is APN? 1 IntroductionInsightsAlternativesRecommendationFinancials Vision 2021

2. APN: Perfection Multiplied VISION 2021 ALTITUDE CONSULTING Lauren Belair-Rouleau Gregory Benko-Prieur Laura Canter 2 January 10th, 2016

3. Mandate 3 To develop a growth strategy through the consideration of various geographies & industries Superior customer focus Profitability Recruiting the best & making them even better Innovative & quality-focused practices IntroductionInsightsAlternativesRecommendationFinancials Key requirements

4. Mandate 4 To develop a growth strategy through the consideration of various geographies & industries Superior customer focus Profitability Recruiting the best & making them even better Innovative & quality-focused practices IntroductionInsightsAlternativesRecommendationFinancials Key requirements Maintain a culture of excellence.

5. Recommendation APN at the forefront of manufacturing processes & innovation 5 IntroductionInsightsAlternativesRecommendationFinancials VISION 2021

6. Develop a division dedicated to software & development. Recommendation APN at the forefront of manufacturing processes & innovation 6 Stringent acquisition criteria Continuous development & improvement Capitalize upon various manufacturing industries IntroductionInsightsAlternativesRecommendationFinancials Grow geographically through European expansions.

7. What does success look like? The future of APN 7 IntroductionInsightsAlternativesRecommendationFinancials To be the worldwide leader in manufacturing processes & technology To be the choice supplier of aerospace parts Serve as a model for manufacturers across industries & geographies

8. 8 Insights Perfection Multiplied

9. Who is APN? 9 IntroductionInsightsAlternativesRecommendationFinancials Who is APN?

10. Insights Who is APN? 10 IntroductionInsightsAlternativesRecommendationFinancials perfectionists

11. Insights Who is APN? 11 IntroductionInsightsAlternativesRecommendationFinancials perfectionists innovators

12. Insights Who is APN? 12 IntroductionInsightsAlternativesRecommendationFinancials perfectionists visionaries innovators

13. Insights Does IoT provide a new opportunity? 13 IntroductionInsightsAlternativesRecommendationFinancials Only 10% of companies worldwide use IoT technologies Provides a clear picture of the system at hand Offers a connection between employees & real-time data Engineer-to-order industries (printed circuit boards & medical technology) By 2017, IoT will represent a $22B market By 2020, IoT will grow to 60% of the I.T. spending worldwide.

14. Insights Does IoT provide a new opportunity? 14 IntroductionInsightsAlternativesRecommendationFinancials Only 10% of companies worldwide use IoT technologies Provides a clear picture of the system at hand Offers a connection between employees & real-time data Engineer-to-order industries (printed circuit boards & medical technology) By 2017, IoT will represent a $22B market By 2020, IoT will grow to 60% of the I.T. spending worldwide. IoT makes companies more efficient, more productive & smarter.

15. Insights APN has become the #1 manufacturer for air defence in the U.S. 15 IntroductionInsightsAlternativesRecommendationFinancials Strategic acquisitions

16. Insights Re-evaluating current operations & assets 16 IntroductionInsightsAlternativesRecommendationFinancials Decrease to 1.9% annual growth in defence sector spending from 5.8% in 3 years Source: Deloitte 2015 Future growth & success is contingent upon a viable expansion strategy.

17. Insights Fuelling growth through expansion 17 IntroductionInsightsAlternativesRecommendationFinancials Partnership with Excel Carbide Strategic acquisitions

18. Insights Positioning APN for growth within Europe 18 IntroductionInsightsAlternativesRecommendationFinancials Investment of time & financial means Gained knowledge 4.8% annual growth of the European aerospace industry

19. Insights Positioning APN for growth within Europe 19 IntroductionInsightsAlternativesRecommendationFinancials Investment of time & financial means Gained knowledge 4.8% annual growth of the European aerospace industry Europe’s aerospace industry is the fastest growing in the world & shows no signs of stopping.

20. Insights Other opportunities? 20 IntroductionInsightsAlternativesRecommendationFinancials According to the World Economic Forum, BRIC countries will not live up to past expectations. World Economic Forum, 2015 A lack of passion, in combination with underwhelming statistics, do not provide a strategically sound opportunity.

21. 21 Recommendation Perfection Multiplied

22. Develop a division dedicated to software & development. Recommendation APN at the forefront of manufacturing processes & innovation 22 Stringent acquisition criteria Continuous development & improvement Capitalize upon various manufacturing industries IntroductionInsightsAlternativesRecommendationFinancials Grow geographically through European expansions.

23. Recommendation Presentation Roadmap 23 IntroductionInsightsAlternativesRecommendationFinancials Geographic al Expansio n Factory Insights Financial Implications

24. Recommendation Acquisition decision criteria 24 Financial Feasibility Manufacturing synergies Cultural fit IntroductionInsightsAlternativesRecommendationFinancials Grow geographically through a French acquisition. Backlog analysis Certifications & quality control

25. Recommendation Streamlining & perfecting the European supply chain 25 IntroductionInsightsAlternativesRecommendationFinancials MAINTAINING THE APN MANUFACTURING ADVANTAGE Leverage relationship with Excel Carbide Identify & engage in relationship with suppliers & clients A CT Export best practices (I.T. infrastructure, processes) Bring over a Quebec knowledge & engineering team P REPARE Continuous improvement (inventory management, quality control, delivery times) N EXT STEPS

26. Recommendation Long-term European expansion 26 IntroductionInsightsAlternativesRecommendationFinancials FRANCE. GERMANY. UNITED KINGDOM. ACT PREPARE NEXT STEPS

27. Recommendation Presentation Roadmap 27 IntroductionInsightsAlternativesRecommendationFinancials Geographic al Expansio n Factory Insights Financial Implications

28. Recommendation IoT Venture 28 IntroductionInsightsAlternativesRecommendationFinancials APN Aerospace Manufacturing APN Software: FactoryInsights

29. Recommendation IoT Venture 29 IntroductionInsightsAlternativesRecommendationFinancials APN Aerospace Manufacturing APN Software: FactoryInsights Leading the way in the best manufacturing processes

30. Recommendation Setting up the project for success 30 IntroductionInsightsAlternativesRecommendationFinancials Team of 5 A/B Testing & Alpha Implementation Team Market Research Pricing Strategy (9k / user) Marketing Plan Business Plan Taking advantage of the $5M fund Financial Funding

31. Recommendation Project in full effect 31 IntroductionInsightsAlternativesRecommendationFinancials Leveraging your expertise and marketing plan in Canada and the USA Continuous improvements and communication with customers Building a community! Commercialization

32. Recommendation Presentation Roadmap 32 IntroductionInsightsAlternativesRecommendationFinancials Geographic al Expansio n Factory Insights Financial Implications

33. Financial Implications Budget 33 IntroductionInsightsAlternativesRecommendationFinancials French Expansion Iot Software Acquisition Team: $0.1M Implement Processes: $1.5M HR: $2M Sales: $0.5M Acquisition Budget: $10M Marketing: $0.3M Development: $1.5M Sales: $0.2M Infrastructure: $3M

34. Financial Implications Metrics of Success 34 IntroductionInsightsAlternativesRecommendationFinancials $25M in revenues Employee satisfaction Client satisfaction 60% Market share in Europe 120% CAGR of the IoT software sales

35. Presentation Roadmap 35 IntroductionInsightsAlternativesRecommendationFinancials APN’s vision, development of superior technology & commitment to excellence has fuelled your impressive growth.

36. Presentation Roadmap 36 IntroductionInsightsAlternativesRecommendationFinancials However, continued success is dependent upon a clear growth strategy that anticipates future opportunities.

37. Presentation Roadmap 37 IntroductionInsightsAlternativesRecommendationFinancials The growing aerospace industry is one that APN should still strive to capitalize upon.

38. Presentation Roadmap 38 IntroductionInsightsAlternativesRecommendationFinancials A manufacturing industry that demands better processes also presents a significant opportunity.

39. Presentation Roadmap 39 IntroductionInsightsAlternativesRecommendationFinancials By growing within Europe & capitalizing upon IoT knowledge, APN will be well positioned for future growth.

40. Merci. Thank you. ALTITUDE CONSULTING Lauren Belair-Rouleau Gregory Benko-Prieur Laura Canter 40 January 10th, 2016