Naturally

An introduction to our company

Tomato Farm S.p.A. is specialized in tomato processing.Our goal is to assure the natural and organoleptic characteristics of fresh tomatoes.

INDEX

• Tomato market data• Company history• Key points• Our Products• Certifications• Tomato Farm in the future

Tomato market data

2014 AVERAGE 2015 CHANGE % CHANGE % 2016 CHANGE%FINAL 2012-2014 FINAL 2015-2014 2015-average estimate 2016 -2015

California 12.707 11.729 13.018 2,4 11,0 11.975 -8,0Cina 6.300 4.460 5.600 -11,1 25,6Italy 4.914 4.498 5.350 8,9 18,9 4.900 -8,5Spain 2.700 2.095 3.050 13,0 45,6 2.600 -14,75Turkey 1.800 1.900 2.700 50,0 42,1 2.500 -7,4Portugal 1.197 1.128 1.660 38,7 47,2 1200 -27,71Iran 2.200 1.950 1.350 -38,6 -30,8 1.600 18,5Brazil 1.400 1.398 1.300 -7,1 -7,0Tunis 720 726 920 27,8 26,7 850 -7,6Chile 810 720 850 4,9 18,1Ukraine 470 395 550 17,0 39,2 550 0,0Argentina 391 389 535 36,8 37,7Greece 470 428 500 6,4 16,7 520 4,0Algeria 440 333 450 2,3 35,0USA (exc. California 540 503 350 -35,2 -30,5Other 2.327 2.794 3.121 34,1 11,7Total World 39.386 35.447 41.304 4,9 16,5

TOMATO PRODUCTION (1.000 tons)MOST IMPORTANT COUNTRIES IN THE WORLD

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TOP 21 EXPORTS VALUE (USD - 2014) MOST IMPORTANT COUNTRIES IN THE WORLD

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162,8186,8

258,4

276,8

387,7

524,6

820,31.024,5

2.196,1Italy China United States SpainThe Netherlands Portugal Turkey IranGermany Chile Belgium GreecePoland Ukraine Egypt Czech RepublicCosta Rica Mexico Canada RussiaPeru

TOMATO PRODUCTION (1.000 tons)MOST IMPORTANT COUNTRIES IN EUROPE

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2014 AVERAGE 2015 CHANGE % CHANGE % 2016 CHANGE %FINAL 2012-2014 FINAL 2015-2014 2015-average estimate 2016 -2015

Italy 4.911 4.498 5.350 8,9 18,9 4.900 -8,5Spain 2.700 2.095 3.050 13,0 45,6 2.600 -14,75Portugal 1.197 1.128 1.660 38,7 47,2 1.200 27,71Greece 470 428 500 6,4 16,7 520 3,8France 179 171 170 -5,0 -0,4 200 15,0OEIT 9.457 8.320 10.730 13,5 29,0 10.320 -4,0Malta 9 8 9 0,0 12,5Bulgaria 60 37 60 0,0 63,6Czech Republic 15 15 15 0,0 0,0Hungary 68 38 105 54,4 173,9Poland 230 175 210 -8,7 20,0Slovakia 20 20 20 0,0 0,0Total UE 9.859 8.613 11.149 13,1 29,4

PRODUCTION BREAKDOWN (in terms of raw materials volume)

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10%

23%

9%

9%16%

1%1%4%

27%

Tomato paste 28/30 brix Tomato paste 36/38 brixConcentrated Sauce-Dry-Frozen foodsDice “Cubettato” Dice “Fine"Fine pulpe estruso Tomato passataTomato paste 12/14 o 14/16 brix

EXPORTS BREAKDOWN (1.000 tons)

7

0

15

30

45

60

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Paste Sauces Canned

ITALIAN TRADE BALANCE (volume)

8

-30

0

30

60

90

120

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Trade Balance Export Import

ITALIAN TRADE BALANCE (value)

9

-400

0

400

800

1200

1600

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Trade Balance Export Import

ITALIAN EXPORTATION OF TOMATO PRODUCTS MOST IMPORTANT DESTINATION COUNTRIES

10

0

175

350

525

700

Germany France Japan Australia Others

2014 2015

PROCESSING AND CONSUMPTION WORLD TRENDSGLOBAL PROCESSING AND CONSUMPTION

11

0

12500000

25000000

37500000

50000000

1997 1999 2001 2003 2005 2007 2009 2011 2013 2015

Consumpt Pocessing

CONSUMPTION WORLD TRENDS

12

0

17,5

35

52,5

70

1996 2000 2006 2010 2014 2018 2022 2026 2030 2034 2038 2042 2048 2050

Record Prospect

At the current development rate, we estimate that the world population will probably reach the level of 9.5 billions of people in 2050.

Production and consumption cycles show that, on that date, tomato consumption will be 7,5 kg procapite, for a total requirement of 70 milions tons of fresh tomato intended for transformation.

Company history

CURRENT MANAGEMENT

• ENRICOLICHINO President GavioGroup Manager• BRUNASAVIOTTI Chiefexecutiveofficer GavioGroup Manager• STEFANOVIVIANO Administrator GavioGroup Manager

Operating:

• ANNALISAMICONE QualityManager• BRUNOAMERI AdministrativeManager• DAVIDEBOTTAZZI TechnicalOfficeManager• MATTEOTACCHINI TechnicalOfficeMember• FERRUCCIOLOTTICI ProductionManager• CLAUDIODURU Storehousepersonincharge• DAVIDEBIGONI MechanicalChief

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Tomato Farm S.p.A.,ownedtodaybyGavio Group,wasbornin2006bythewillofawellknownlocaltomatoesproducer.Hehadalwaysgivenhistomatoestomanycompanies,spre-adinmanydifferentareasofItaly,becauseofthelackofprocessingfactoriesinPiemonte.Thismadeitpossibletoenhancetheproductiveandqualitativecharacteristicsofthearea:landsinrotation,professionalagriculture,avaliabilityofwaterinordertoirrigateandthepossibilityoftransformingfreshrawmaterialscomingfromamaximumdistanceof50kmfromtheprocessingbuilding.

In2009GavioGrouppurchasedsomeTomatoFarm’sshares,keepingitselfapartfromtheManagement.

In2013,theGroupacquiredallthecompanysharesandstartedmanagingthecompanybyitself:sincethenithasfurtherinvestedinmachineryandspaces,makingTomatoFarmoneofthemosttechnologicalandmodernfactories.

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Key points

An Italian company,closelylinked tothePiemonteregionandengagedin itsdevelopment.

Capacity of reception:1.600tons/day,90.000tons/yearoffreshtomatoes.

Sold Products (volume):· 11.000 tonsdicedtomato· 8.000 tonstomato“passata”· 10.000 tonstomatopaste

Development towardsorganicproductionandbag-in-boxpacking.

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ATTENTION TO THE FARMERS’ NEEDS

• Creationofaproductspecification

• Technicalassistancedirectlyinthefields

• StrongcollaborationwiththeProducerOrganizations(OP)

• Varietalandtechnicalresearch

• Insertionofnew,moreandmoreefficient,varieties

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COMPLETE CONTROL ON THE “FILIERA”

PLANTING THE SEEDS IN THE GREEN HOUSE:varietalselectionandtransplantprogramaccordingtothewithdrawalprojectagreedwiththeFarmers’Organizations;

FROM THE SEEDS TO THE SEEDLINGS:seedlingsaredeliveredtothefarmsinordertohavethemplantedinthefields;

TRANSPLANT: ourtechnicians,togetherwiththeFarmersOrganizations,offertheiradvicestothefarmersduringtheholetransplantingphase,inordertoensurethepropergrounding;

CULTIVATION:theentireprocessofcultivationanddisciplinaryapplicationistechnicallycontrolledbyTomatoFarm,incollaborationwiththeFarmers’Organizations;

HARVESTING:theharvestingandtheconfermenttothefactoryareagreedwiththeFarmers’Organizationsandwiththefarmersthemselves,accordingtotheprocessingprogramsweeklydevelopedbyTomatoFarm;

PACKAGING: it takes place directly inline: the sterilized product is mechanically inserted into aseptic bags, of the size required by the customer;

TRADING:TomatoFarmmainlyprovidestosecondtransformationcompanies,inItalyandabroad(50%Italianmarket,50%foreignmarket).

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3

4

5

6

7

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Thesuitabilityofourfieldstothetomatocultivationmakethemabletogivetotherowmaterialapeculiarorganolepticprofile;Correctagriculturalpractices(rotation,etc...);

Possibilitytorealizeashort“filiera”.

FROM HIGH QUALITY ROW MATERIALS TO HIGH QUALITY PRODUCTS

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A TRANSFORMATION FINALIZED TO MAKE THE CUSTOMER SATISFIED AND LOYAL

Studyofnewtypesofproductsinordertomeetalltheneedsofourcustomers;Verificationofthetechnicalfeasibilityofthenewideas;

Collaborationwiththecustomercompaniesinordertotherealizeamarketingplanfinalizedtopromotetheproducts.

Our products

• DicedTomato(10x10to19x19mm)

• Finepulpe

• Tomato“Passata”(6-8,8-10,10-12brix)

• Greentomato“Passata”(10-12brix)

• Tomatosemiconcentrated(12-14,16-18brix)

• Tomatopaste(hotandcoldbreak,28-30brix,36-38brix)

• Customizedproducts

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Our certifications

• BRCFoodCertificate

• IFSFoodCertificate

• ProductCertificate

• BIOCertificate

• ManagementSystemCertificate

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Tomato Farm in the future

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BEGIN TO TRANSFORM AND CONSERVE OTHER LOCAL CROPS (POTATOES,ONIONS,FRUITS,PUMPKINS) IN ORDER TO:

• Extendfactoriesactivityperiod

• Dilutefixedcosts

• Allowstafftospecializeitself

www.tomatofarmspa.it