FUTURE THANKS TO INNOVATION, INNOVATION THANKS TO EXPERIENCE COMPANY PROFILE

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1 FUTURE THANKS TO INNOVATION, INNOVATION THANKS TO EXPERIENCE COMPANY PROFILE

2 TABLE OF CONTENTS SPOLCHEMIE, the European company Modern production technology Our complex product portfolio in inorganics and synthetic resins Strength in Research & Development Certification and social responsibility

3 ABOUT SPOLCHEMIE Chemical manufacturing company located in the Czech Republic, in the centre of Europe Union Established 1856 and based 160 years long tradition of chemical production Epoxy production since 1955 In the beginning 2017 the new mebrane electrolysis launch Technology focused, commitment to R&D, customer orientated Main production areas Madrid London Paris Berlin Warsaw Dresden Prague Wien Bratislava Rome special epoxy resins and systems commodity epoxy resins potassium hydroxide and inorganic derivatives alkyd resins polyesters

4 COMPANY MILESTONES 1856 Company founded 1906 Success of inorganics, start of organic dyes production 1920 SPOLCHEMIE is a major European diversified chemical company 1938 Start up of chlor-alkali production 1945 Start of synthetic resins production 1946 Alkyd resins production start 1955 Epoxy resins production start 1973 Start of ECH production (Epitetra) 1985 Start of huge ecological program 1999 Start of unsaturated polyesters production 2004 Start of new liquid epoxy resins production 2005 Start up of new solid epoxy resins plant, biggest in Europe 2006 New polyester plant 2006 Start of new ECH plant using new SPOLCHEMIE technology 2007 Start up of second liquid epoxy resin line 2010 EPD certificate for Green Epoxy Resins 2011 EPD certificate for Green ECH 2013 Germanischer Lloyd Certification of epoxy-system 2014 Start of construction of the membrane electrolysis 2017 Launch of membrane electrolysis

5 PRODUCTION TECHNOLOGY

6 NEW MEMBRANE ELECTROLYSIS Capacity (kt/y) Old Mercury Unit New Membrane Unit KOH NaOH Technology: Bluestar/BCMC Salts KCl and NaCl Electricity NME KOH capacity 60kt/y NaOH capacity 43 kt/y Chlorine Cl 2 capacity 74 kt/y Hydrogen H 2 capacity 2 kt/y

7 LARGE INTEGRATED PRODUCTION SITE INPUT Salt OUTPUT Liquid Epoxy Propylene Solid Epoxy Phenol KOH Acetone Glycerin Raw Materials INTER- MEDIATES Epichlorohydrin Bisphenol A NaOH Chlorine HCl Alkyd Resins Epoxy Systems Allylchloride

8 SPOLCHEMIE ORGANIGRAM CHIEF EXECUTIVE OFFICER Daniel Tamchyna RESINS SALES Zdeněk Moravec INORGANICCS SALES Jakub Racek PRODUCTION Jan Dlouhý TECHNICAL SERVICES Pavel Žák PURCHASING Jan Křička FINANCING Jaromír Florián HUMAN RESOURCES Jan Chudoba BUS. DEVELOPMENT Tomáš Loubal Sales Sales Inorganics production IMS & Quality Purchasing raw materials Finance Human resources Inorganics R&D Marketing Resins production Analytical Sevices Purchasing services Accounting Resins R&D Customer service Property & maintenance HSE Controlling Business development S & OP Energy & Services Supply chain IT Polyesters Logistics & Transport

9 KCl H 2 O NaCl CONVENTIONAL ECH PRODUCTION Crude Oil GREEN ECH PRODUCTION Electrolysis H 2 KOH NaOH Cl 2 Propylene Phenol Acetone NaClO Perchloroethylene Allylchloride HCl HCl HCl Glycerine ECH BPA GREEN ECH INTEGRATION OF EPOXY RESINS PRODUCTION LIQUID EPOXY Other RM SOLID EPOXY Fillers, pigments FORMULATED EPOXY SOLUTION SYSTEMS

10 SPOLCHEMIE BUSINESS DIMENSIONS 2016 Specialities 12% other 4% Hydroxides 21% Alkyds 6% Epitetra 6% Commodities 51% Consolidated sales mil EUR

11 BP SPOLCHEMIE GROWTH kt Skuteč. Hydroxides Commodities Specialities BP

12 BP BP SPOLCHEMIE GROWTH IN KEY PRODUCTS kt kt Epoxy Skuteč. commodities BP Epoxy Skuteč. specialities BP

13 PRODUCTS & APPLICATION

14 Hydroxides Chlorine chemicals INORGANICS Potassium hydroxide Production of inorganic and organic potassium salts, pharmaceuticals, electrolytes in batteries, washing powders, soaps, cleaning agent and fertilizers; photo industry, drying and cleaning of gases and solvents, stabilization of synthetic fats, oil s refining, catalysts in FAME production Sodium hydroxide Production of inorganic and organic sodium salts, washing powders and soaps, pharmaceuticals, cleaning agent; paper and cellulose industry, textile industry, food industry (milk, brewing, sugar, fat industry), synthetic fibre industry, petroleum industry, water treatment, metal finishing Allylchloride Epichlorohydrin, dyestuffs, pharmacy, basic raw material for plastics (allylesters) Epichlorohydrin Epoxy resins industry, synthetic glycerine production, intermediate of organic reactions, pharmacy, wet strength resins Sodium hypochlorite Chemical industry, rubber industry, textile industry, paper industry Hydrochloric acid Chemical industry, ion exchanger regeneration in power plant, iron pickling, pharmacy, textile industry, rubber industry Perchloroethylene Metal degreasing in metallurgy and engineering, textile s dry cleaning, extractant of fats and oils, transfer medium, HCFC and HFC production Chlorine liquid Chemical industry

15 Liquid epoxy Solid epoxy COMMODITY RESINS CHS - EPOXY 510 CHS - EPOXY 520 CHS - EPOXY 525 Protective coatings (e.g. automotive), Composites (wind mill blade, marine, pipe for gas oil and water, aerospace, tooling, sport goods), Civil engineering, Electro (transformer, printed circuit, electro engine, insulator) CHS - EPOXY 130 CHS - EPOXY 141 CHS - EPOXY 211 Powder coatings, can and coil coatings, automotive, electro, composites

16 CH-EPOXY resins SPECIAL EPOXY SYSTEMS Modified liquid Protective coatings, Decorative coatings, Composites (wind mill blades, marine, pipes for gas, oil and water, aerospace, tooling, sport goods), Civil engineering (flooring, polymer concrete, surface protection), Electro (transformer, electro engine) Semi-solid Protective coatings (automotive), Composites, Electro (transformer, insulator) High mol. weight unmod. Solid Powder coatings, Protective coatings (automotive, can & coil) Other unmodified liquid Powder coatings, Protective coatings (e.g. Automotive), Composites (wind mill blades, marine, pipes for gas, oil and water, aerospace, tooling, sport goods), Civil engineering, (polymer concrete), Electro (transformer, printed circuit, electro engine, insulator) Solutions Protective coatings (automotive, marine, maintenance, container), Decorative coatings, Composites (aerospace, sport goods), Electro (laminates for printed circuit) Other (for WB systems, brominated, Protective coatings (can & coil), Decorative coatings, Civil engineering (flooring, surface protection) HARDENERS - TELALIT Coatings, composites, Adhesives, Civil engineering

17 CHS-ALKYD resins ALKYD RESINS Long oil Industrial coatings (air-drying, fast drying), decorative coatings (universal, interior, exterior, metal, wood, air-drying), Printing Inks Medium oil Industrial coatings (exterior, metal, primer, topcoat, one-layer, putty & filler, air-drying, force-drying, baking, anticorrosive), Decorative coatings (interior, exterior, primer, air-drying) Short oil Industrial coatings (exterior, primer, one-layer, fast overcoating, air-drying, corrosion resistance) High solid and solventless Decorative coating (interior, exterior, metal, wood, corrosion resistance) Stoving short oil Decorative and protective coatings (universal, metal) Alkyd for industrial coatings High performance industrial topcoats (air dry, force dry, baking), industrial primers, baking enamels, lift resistant primer (air dry, force dry, baking), anticorrosive and rust resistant coatings, topcoats and one-layer application, as putties Stoving alkyd Wood and metal nonyellowing coatings, baking enamels Waterborne CHS-HYDROSPOL Decorative and protective coatings (universal, air-drying, primer, topcoat, one-layer)

18 CHS EPODUR EPOSTYL SADURIT APPLICATIONS: EPOXY SYSTEMS Electro industry epoxy systems fot casting (transformers, insulators, electroengines, condensers) and for lamination (printed circuit boards) Adhesives for civil engineering Water based and slovent-free epoxy system for flooring High decorative selflevelling flooring system, systems for anti-static flooring, topcoats on concrete, metal, and wood, primers / penetrating sealers Solvent based epoxy system for construction and civil engineering Coloured coating systems, topcoats for interior wood flooring

19 GREEN EPOXY RESINS GREEN ECH ENVIPOXY Global leader in environmentally-friendly synthetic resins and the first wold s company with environmental certification EPD certificate for liquid epoxy resins EnviPOXY (was CHS-EPOXY G) and Epichlorohydrin G Proprietary and patented technology Our environmentally-friendly, green resins can be used in a variety of applications such as coatings, automotive, wind energy, electro & electronics, civil engineering, etc. Waterborne alkyd CHS-HYDROSPOL and waterborne epoxy resins CHS-EPOXY and high solid & solvent-free alkyd resins CHS- ALKYD EnviPOXY (CHS-EPOXY G) 520 EnviPOXY (CHS-EPOXY G) 525 EnviPOXY (CHS-EPOXY G) 530 Casting and tooling, Civil engineering, Coatings, Adhesives, Composites, Encapsulating and potting Epoxy resins industry, synthetic glycerine production, intermediate of organic reactions, Pharmacy, wet strength resins

20 SYNPO SPOLCHEMIE S R&D CENTER

21 R&D FOR OUR FUTURE Cooperation with leading chemical companies in FIVE continents 120 employees More than 60 projects per year 5 years intensive cooperation with ESA and CASA MILESTONES 1946 Company founded 1992 Joint stock company 2000 Lloyd s cert. ISO acquired by SPOLCHEMIE

22 SERVICES AND ACTIVITIES R&D AND APPLICATIONS Research & Development Applications and accredited testing R&D for the Spolchemie s customers ANALYTICAL SERVICES IN ACCREDITED LABORATORIES Analysis of polymer materials Analysis of products and materials Accredited labs according to EN ISO/IEC TESTING SERVICES Complex evaluations Evaluation of thermal and thermo-mechanical properties Certification Tests and grant certificates SMALL SCALE PRODUCTION AND APPLICATIONS Adhesives and sealants Casting and Sealing Compounds Reacto-plastic moulding resins

23 TOP PROJECTS NANOSTRUCTURED POLYMERS AND RENEWABLE RAW MATERIALS Preparation and modification of various nanoparticles Optimization of epoxy, polyacrylate, alkyd, PUR and polyester systems Synthesis of hyperbranched structures Alternative production technologies Regeneration and reuse of waste polymeric materials ESA PROJECTS Liner project - Finished in Implementation of nanoparticles into surface modifications of carrying rockets Epoxy Core project - Just finishing - Development of epoxy foam with defined physical and mechanical attributes CNT s project Upcoming - Usage of carbon nanotubes in epoxy matrices

24 CERTIFICATION & SOCIAL RESPONSIBILITY

25 CERTIFICATION RESPONSIBLE CARE CERTIFICATE ISO CERTIFICATES ISO 9001 : 2008 ISO : 2004 OHSAS : 2007 EPD CERTIFICATES for low molecular weight epoxy resin for epichlorohydrin GERMANISCHER LLOYD for CHS-EPODUR for CHS-EPODUR

26 COOPERATION Epoxy Resin Committee Statistical Committee Solvent Resin Manufacturers The association of Czech Chemical Manufactures WE SUPPORT ACTIVE COMMUNICATION POLICY THROUGH COOPERATION WITH INDUSTRY ASSOCIATIONS

27 CSR, COMMUNITY & AWARDS We are proud longterm partner of Czech Half marathon as MAIN PARTNER OF CZECH HANDBIKE HALF MARATHON a OFFICIAL PARTNER OF HALF MARATHON ÚSTÍ n. LABEM Our CSR minigrants programme Healthy people and Healthy brain supporting the small private projects of citizens and communities in our region One of the TOP 20 Czech exporter in Exporter of the Year in region award in One of the leading employers in Ústí region Intesive cooperation with Czech universities, internal employee program for graduates

28 EUROPEAN DISTRIBUTION NETWORK Baltik-Servis JSC COMTECH TRICARDO

29 WORLD DISTRIBUTION NETWORK CONTINENTAL LINKS INC. Baltik-Servis JSC BECH CHEM APPLIED TECHNOLOGY SHARAREH NIKDEL

30 more than THANK YOU FOR YOUR ATTENTION "Our mission is to work together in creative innovative chemicals for a better quality of life. SPOLCHEMIE - Spolek pro chemickou a hutní výrobu, akciová společnost Address: Revoluční 1930/86, Ústí nad Labem, Czech Republic Phone: info@spolchemie.cz