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April 1, 2016 – Solex Thermal Science Inc. acquires Dimple-t Bulk Solids Coolers Frequently Asked Questions 1. Why did Solex Thermal Science Inc. acquire Dimple-t Bulk Solids Coolers? Solex and Dimple-t product portfolios are highly complementary. The companies have similar origins that are rooted in modular, vertical mounted, plate-based bulk heat exchangers. After more than 25 years, Dimple-t founder, Gé Boeyink, is retiring. Gé is recognizing his original connection to Solex and we value the opportunity to carry forth his contributions. Solex will benefit from Dimple-t’s technical know-how, range of products, and technological advancements in the area of bulk solids heat exchangers. Our clients can anticipate access to a broader spectrum of technologies and, accordingly, innovative applications specific to your market. 2. Will Dimple-t retain its name and branding? Solex is acquiring the Dimple-t name, branding, and its collection of assets. Moving forward, all Dimple-t products and services will be accessible as part of the Solex suite of offerings. 3. Can I still contact Gé Boeyink from Dimple-t to discuss opportunities? After more than 25 years as a pioneer in the bulk heat exchanger area, Gé is retiring. Solex recognizes his immense contributions and this is our opportunity to carry forth his contributions. If you are interested in a Dimple-t solution, please contact our Solex team at [email protected]. 4. How does the acquisition affect Solex’s staffing and management team? There will be no change to the Solex’s organizational structure or staffing. This is an asset-based acquisition that will expand our know-how, products, and relationships. 5. What is the timeline for completing the acquisition? The acquisition is effective immediately. 6. Are there any products or services that will be eliminated? Not at this time. However, you must contact Solex to explore Dimple-t solutions. We expect to continue to develop, improve, and refine the overall Solex portfolio, including the Dimple-t products, on an ongoing basis. 7. Who should I contact with questions about this announcement? Relationships are our most valuable asset. We appreciate the opportunity to answer all questions and respond to any concerns. Please feel free to direct all questions or concerns to Solex President, Paul Crawford, at [email protected].

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April1,2016–SolexThermalScienceInc.acquiresDimple-tBulkSolidsCoolers

FrequentlyAskedQuestions

1. WhydidSolexThermalScienceInc.acquireDimple-tBulkSolidsCoolers?

SolexandDimple-tproductportfoliosarehighlycomplementary.Thecompanieshavesimilaroriginsthatarerootedinmodular,verticalmounted,plate-basedbulkheatexchangers.

Aftermorethan25years,Dimple-tfounder,GéBoeyink,isretiring.GéisrecognizinghisoriginalconnectiontoSolexandwevaluetheopportunitytocarryforthhiscontributions.SolexwillbenefitfromDimple-t’stechnicalknow-how,rangeofproducts,andtechnologicaladvancementsintheareaofbulksolidsheatexchangers.Ourclientscananticipateaccesstoabroaderspectrumoftechnologiesand,accordingly,innovativeapplicationsspecifictoyourmarket.

2. WillDimple-tretainitsnameandbranding?

SolexisacquiringtheDimple-tname,branding,anditscollectionofassets.Movingforward,allDimple-tproductsandserviceswillbeaccessibleaspartoftheSolexsuiteofofferings.

3. CanIstillcontactGéBoeyinkfromDimple-ttodiscussopportunities?

Aftermorethan25yearsasapioneerinthebulkheatexchangerarea,Géisretiring.Solexrecognizeshisimmensecontributionsandthisisouropportunitytocarryforthhiscontributions.IfyouareinterestedinaDimple-tsolution,[email protected].

4. HowdoestheacquisitionaffectSolex’sstaffingandmanagementteam?

TherewillbenochangetotheSolex’sorganizationalstructureorstaffing.Thisisanasset-basedacquisitionthatwillexpandourknow-how,products,andrelationships.

5. Whatisthetimelineforcompletingtheacquisition?

Theacquisitioniseffectiveimmediately.

6. Arethereanyproductsorservicesthatwillbeeliminated?

Notatthistime.However,youmustcontactSolextoexploreDimple-tsolutions.Weexpecttocontinuetodevelop,improve,andrefinetheoverallSolexportfolio,includingtheDimple-tproducts,onanongoingbasis.

7. WhoshouldIcontactwithquestionsaboutthisannouncement?

Relationshipsareourmostvaluableasset.Weappreciatetheopportunitytoanswerallquestionsandrespondtoanyconcerns.PleasefeelfreetodirectallquestionsorconcernstoSolexPresident,PaulCrawford,[email protected].

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