1

MOULD

MANUFACTURING

▪ Activity: Bristol BoardManufacturing

▪ Revenue 2018: 23M€

▪ Prado Cartolinas da Lousã is the Iberian market leader and an important European player in bristol board manufacturing

▪ Activity: EngineeringServices

▪ Revenue 2018: 35M€

▪ SIMI is a leading supplier of specialized engineering services requiring the assembly of highly complex metal structures

Private Equity Fund investing and developing Portuguese leaders

▪ Activity: MoldManufacturing

▪ Revenue 2018: 30M€

▪ WeMold focuses the activity of its companies on engineering, development and manufacturing of plastic injection molds

▪ Activity: Education

▪ Revenue 2018: 92M€

▪ LeYa is the largest Portuguese education player: #2 education publishing in Portugal and market leader in postgraduate distance learning in Brazil

ATENA EQUITY PARTNERS

2

▪ Activity: Dental Medicine

▪ Revenue 2018: 33M€

▪MALO CLINIC is a worldwide reference in implantology, with clinics in 65 cities around the world, several patents and more than 70 scientific articles published

LOCATION

Mold Industry in Portugal

and its business lever

NATIONAL AND LOCAL CONTEXT

• Portugal 2020 – Regional Program PO Centro 2020 - 200 projects approved - Total investment of 225 M€ from which 126 M€ supported from the European Regional Development Fund (ERDF).

• Portugal 2020 – Program Industry 4.0 – Mobilization in 4 years of 2.26 B€ of incentives aiming to impact more than 50 000 companies and enable more than 20 000 people in digital skills up to 2020.

• Portugal is the eighth largest mold producer in the world, reaching approximately 794 M€ of total production in 2017.

• Marinha Grande have more than 75 years of history in themolds industry being the most important industrial mouldcluster in Portugal.

INCENTIVE MECHANISMS

3

INDICATORS

4

PT advantages (education, labour cost, location) have allowed for ~14% CAGR10-

15 – more than double the CAGR of other EU countries.

Production Growth, PT and EU

(%, Index 100 = 2010, 2010-2015)

190

133

115

100

14%

6%

3%

0%

2010 2011 2012 2013 2014 2015

Setor PT Setor EU GDP PT GDP EU

2010 - 2015

EU Market Share

(%, 2010-2015)

27% 35%

20%7%

11%

25% 34%

23%8%

10%

2010 2015

DE IT PT FR OTHER

INDICATORS

5

Competitive Advantages of Portugal

Exports

(% of GDP)

Hourly Compensation in Manufacturing

(USD; 1997 and 2016)

Source: The Conference Board International Labor Comparisons Program, February 2018.

Source: OECO.

GROUP WEMOLD

6

INDICATORS

7

TURNOVER

~30 M€

SALES

76%

20%

4%

Automotive Houseware Others

MOLDS PRODUCED

YEARLY

~220

EXPORTS

>90%

CLIENTS

>50

EMPLOYEES

~170

8

MAIN SERVICES

R&D Project Management

+

Design & Engineering

Prototyping

+

Mold Production

+

Testing

Quality

Assurance

R&D AND EDUCATIONAL

NETWORK

9

BOSCH invited Tecnifreza to join its supplier club to develop a R&D project that comprehends

from the design of an innovative mold and injection process to the final part.

JORGE VITAL

BOSCH SUPPLIERS CLUB – R&D PROJECT

10

R&D

CAPEX

PEOPLE

(Bosch Suppliers Club)

2019

1,5 M€

980 k€

168

2020

2,0 M€

863 k€

180

2021

756 k€

737 k€

190

2022

336 k€

200

4,6M€R&D Total

2,6M€CAPEX Total

WeMold group is investing in R&D and CAPEX to increase its capacity by >30-35%.

11

GROWING PLAN

AUTOMOTIVE ELECTRICAL &

ELECTRONIC

HEALTH CARE CONSUMER &

OTHERS

INDUSTRIES

12

AUTOMOTIVE

• Gear Housings

• Connectors

• Fuel system parts

• Over molded inserts

• Over molded sensors

• Car Key Covers

• Gear Wheels

• Buttons and Rotary Knobs

• Engine components

• Clusters and Lens

• Seat Covers components

• Decorative Bezels

• Bumper parts

• Interior and exterior trims

• Dashboard parts

• Exterior mirrors

• Hybrid parts

• IMD

• IML

13

ELECTRICAL & ELECTRONIC

• Housings with Integrated Circuits

• Circuit Breakers Housings

• Connectors

• Parts with in-mold

• In-mold metallic circuits

• Electrical Components

• Switch Covers

• Terminal Covers

14

HEALTH CARE

• Insulin delivery devices

• Medical devices

• Blood analysis recipients

• Syringes

• Veterinary devices

• Serum devices

• Functional Caps

• Tubular applications

15

CONSUMER & OTHERS

• House ware

• Packaging

• Power Tools

16

Planitec core competencies are the

Design/Engineering and Manufacturing of

complex high precision molds including

being a solutions provider.

Focus in the erosion and precision

grinding processes with up to 2 microns

tolerances.

Focused on complex small parts.

Tool weight max. 1 Ton

17

18

Tecnifreza core competencies are the

Design/Engineering and Manufacturing of

complex high-precision molds.

Focus in the erosion and precision grinding

processes with up to 2-3 microns tolerances.

Tool weight max. 4 -5 Tons

18

19

E&T has strong cost efficient engineering and

project management capabilities that enable

QUALITY tools and ON-TIME delivery (99.9%).

Focus on Engineering and Project Management.

Tool weight max. 50 Tons

AFR focus on the engineering and manufacturing

of small and medium size molds for the plastics

industry. Its core strengths lies in the machining

(CNC) and high precision assembling and

finishing processes of the mold.

Tool weight max. 8 Tons

19

PROCESS HEAD COUNT TOTAL

Project Engineering (People): 4 - 6 2 12

Design & Engineering (People): 18 5 3 2 28

In-house 8 5 - 2 15

Partners 10 - 3 - 13

Manufacturing Process (people): 66 35 5 22 128

Tool Management 3 3 - 2 8

CNC Steel 11 9 - 2 22

CNC Electrodes 2 2 - 2 6

Erosion (wire EDM and Spark EDM) 14 3 - 5 22

Grinding 7 3 - 6 16

Assembly & Fitting 14 7 - 3 24

Plastic Injection (Lab) 9 - 4 - 13

Quality – Metrology 3 - 1 2 6

CAM 3 4 - - 7

TOTAL 88 40 14 26 168

MANUFACTURING CAPACITY Added value in terms of industrial group competences and capacity.

PROCESS EQUIPMENT TOTAL

Manufacturing Process (Equipment): 65 34 5 32 136

CNC Steel 9 8 - 3 20

CNC Electrodes 3 2 - - 5

Erosion (wire EDM and Spark EDM) 12 5 - 9 26

Grinding 9 6 - 10 25

Assembly & Fitting 14 9 - 5 28

Plastic Injection (Lab) 6 - 4 - 10

Quality – Metrology 4 - 1 5 10

CAM 9 4 - - 13

TOTAL 65 34 5 32 137

MANUFACTURING CAPACITY Added value in terms of industrial group competences and capacity.

21

PRODUCT KNOWLEDGE

22

• “State of the art” for small parts

• Tailor made mold designs

• Inserts premium replication

• Precision EDM

• Precision Grinding

• Solutions providers

PRODUCT KNOWLEDGE

23

PRODUCT KNOWLEDGE

24

• Gear & Electric Housings

• Connectors & switches

• Fuel system parts

• Parts with in-mold sensors

• In-mold metallic circuits

• Precision Erosion

• Precision Grinding

PRODUCT KNOWLEDGE

25

• Decorative Panels (1k & 2K)

• Bezel (1K & 2K)

• Lens (1K & 2K)

• Door Handles

• Clusters

• Buttons (1K, 2K & 3K)

• Precision CNC

• Parts Integration

PRODUCT KNOWLEDGE

26

• Decorative Pane

• Structural parts

• House ware

• Precision CNC

• Big parts

TRIALS AND SMALL SERIES

27

PLASTIC INJECTION MACHINES

1 Arburg 270C (30 Ton)

1 Arburg 370C (80 Ton)

1 Arburg 570S (220 Ton) – 2K

1 Arburg 570C (200 Ton)

1 Engel 375V (160 Ton) – 3K

1 Arburg Around 1200T (80 Ton)

Vertical Injection

* With a 2nd injection unit and rotary

table for 2 component tools.

ADDITIONAL INJECTION MACHINES

Engel 160 Ton

Engel 300 Ton*

Engel 500 Ton*

Engel 800 Ton*

QUALITY ASSURANCE

Our companies provide best-in-class products and services that meet or exceed customer, statutory and regulatory

requirements.

Our team members are committed to achieving total quality excellence, building on three quality foundations:

customer-focused quality, continuous internal quality improvements and igniting a passion for quality.

28

ISO 9001: 2015

ISO 14001: 2015

OHSAS 1800: 2017/ISO 45001: 2016

ISO 9001: 2015

IATF 16949: 2016

ISO 9001: 2015

QUALITY ASSURANCE/DIMENSIONAL CONTROL CAPACITY

29

All our products are submitted to rigorous dimensional control, over electrodes steel and plastic parts: CT Scan, CMM’s

Video Check, GOM Inspect Software.

STRATEGIC PLATFORM

30

A digital transformation project is underway in the WeMold.

Process digitalization,

systems integration

and real time KPIs

STRATEGIC PLATFORM

31

A digital transformation project is underway in the WeMold.

Connectivity

& Automation

RELATIONSHIP DEVELOPMENT

32

STRATEGIC PARTNERSHIP

ONE STOP SHOP!

PARTNERSHIP TARGET

33

• Early source agreement on

strategic business.

• Support on DFM, best practices

on part/tool design.

• LTA - Long Term Agreement.

• Capacity to handle higher

number of tools.

• Project manager assigned to

customer.

• Highly skilled resources, aligned

with customer requirements.

PARTNERSHIP TARGET

34

X M€

X

Long Term Agreement

2019

Y M€

Y

2020

Z M€

Z

2021

35

THANK YOU