On the occasion of the 65th anniversary of its foundation, the Casappa company, a family multinational company which has invoiced 105 million euros

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2 On the occasion of the 65th anniversary of its foundation, the Casappa company, a family multinational company which has invoiced 105 million euros in 2016 with about 750 employees in three plants between Italy and China with a high profile position in the field of hydraulic components, opened the doors of its main factory with a Family Day dedicated to its collaborators and their families. 2

3 Casappa: running for 65 years PARMA 27 May A 65-year long "run" to generate an Italian capital multinational able to compete around the world by designing and building the main components of the hydraulic system for applications ranging in the construction, industrial vehicles, handling and agricultural machinery fields. This is the story of Casappa who celebrated with a Family Day opening the factory doors to the families of employees during the 65th anniversary of the foundation. "2017 is a very special year for us - explains the President Renato Casappa - together with 65th of Casappa we celebrate the first twenty years of Ikron Fluid Filtration, our filter company always located in Lemignano (PR). It was an opportunity to look to the future all together starting from our consolidated presence around the world: for 24 years we have been in Chicago in the United States where we make almost 30% of our sales, for 20 years we have been in Germany, for 10 years we have been in Shangai in China with a plant of 110 employees. We can say that we have been among the pioneers of the hydraulic made in Italy in the world. We focus on product customization, service quality, and our customers choose us as a reliable and innovative partner. A commitment that has allowed us to move from the "golden pump" built in 1952 by Roberto Casappa to pass the million of hydraulic components produced in one year". 3

4 750 EMPLOYEES 125 Ml TURNOVER SUBSIDIARIES WORLDWIDE 80 % OF EXPORT Casappa and Ikron follow a steady growth trend over time (+15% consolidated turnover in the past 3 years), maintaining a level of profitability appropriate to support investment, despite the difficulties that arise in global markets. "We have reached very high levels of competitiveness thanks to steady investments in the company (about 5% on annual turnover) - adds vice president Luciano Casappa - and in 2017 we count to reach 125 million euros of turnover realized for 80% abroad. At the Casappa Family Day Paolo Bianchi, Mayor of Collecchio, Paolo Casoli, professor of fluid machines at the University of Parma, who in 2005 granted Renato Casappa the honorary degree in engineering, Fabio Storchi (President of Federmeccanica), Alberto Figna (President of Unione Parmense degli Industriali) and Honorable member Giuseppe Romanini, a parliamentarian who knows well the industrial fabric of the territory. 4

5 "We are projected in the future," concludes Elena and Filippo Casappa, both managing directors - and this day for all of us is the right time to thank our collaborators by giving space to the family, which is important to us. The always greater importance that electronic technologies will have in the hydraulic world drives us to invest in this field by renewing the commitment of the founders by focusing on quality, product and process innovation and above all people. We invest on contract staff in continuous training courses (45 hours of training on average per employee every year) with special attention on young talents by enhancing technical culture (16% university graduates, mostly engineers and 48% high school graduates, consolidated partnerships with Italian and foreign universities). The values that are inspired by human resources policies, facilitators of change related to the generational handover, are: development paths of competence and horizontal and vertical internal growth, delegating and responsibility of management positions, motivation, sharing of goals, integrity, fairness and meritocracy. It is on this human capital that we will build the next few years of Casappa and Ikron". 5

6 THANKS ALL OF YOU! 6

7 Casappa S.p.A. Via Balestrieri, Lemignano di Collecchio Parma (Italy) Tel Fax info@casappa.com 7