Wieland Metal Services Overview June, 2020 The Wieland Group 2019 wieland wieland group group © 2019 2 Founded in 1820 – almost 200 years ago From art and bell foundry to premium copper alloy products and innovative solutions “Ever since, Wieland has been a family owned business with a long-term orientation of its shareholders.” Approximately 80 shareholders as of 2019 Majority ownership (55 %) by the German family Schleicher © 2019 wieland group 3 September 2019 Wieland Group – historical milestones A 200-year history of growth 2017 Take-over of Wolverine Tube Inc. Business (U.S.) ‘Growing Footprint’ 2017 2018 2018 2018 2019 2019 Acquisition of Kessler Sales & Distribution, Woodbridge (U.S.) Participation in UrbanGold (AUT) Acquisition of Diversified Metals (U.S.) Participation in EJ Brookes (U.S.) JV Wieland Microcool (U.S.) Merger with Global Brass and Copper (U.S.) 2013 2008 2007 2003 1999 1988 Acquisition of tube mill Wolverine Portugal (P) Participation in Wolverine Tube Shanghai (CN) Opening of Rolling Mill in Singapore JV with Kobe Steel U.S. (today Wieland Copper Products, Pine Hall, U.S.) Majority Participation in Austria Buntmetall Acquisition Mason & Son, Birmingham (GB) 1820 1828 1865 1901 1980 1982 1987 Foundation of the company in Ulm (GER) Start production of rolled brass material Opening of Vöhringen Plant (GER) First extrusion of tubes Opening of slitting centre Wieland Metals Chicago, U.S. New plant & administration site in Ulm (GER) Acquisition of Langenberg site & participation in Schwermetall, Stolberg (GER) North America © 2019 wieland group ‘Global Industry Leader’ Europe ‘German Roots’ Asia 4 September 2019 More than 90 locations to provide superior customer service Global leader with German roots EUROPE 33 OTHER EUROPEAN COUNTRIES 33 NORTH AMERICA AUSTRIA Amstetten ▪ Enzesfeld ▪ Wien BELGIUM Brussels CROATIA Zagreb CZECHIA Prague DENMARK Hvidovre ESTONIA/FINLAND Turku FRANCE Jarnac ▪ Marne-laVallée ▪ Scionzier ▪ Yzengremer GERMANY Bremen ▪ 14 GERMANY 11 ASIA AMERICAS USA ▪ California Fremont ▪ Fullerton ▪ Los Angeles ▪ Santa Fe Springs ▪ Yorba Linda Connecticut Waterbury Ohio Alliance ▪ Bryan ▪ Montpelier ▪ Shelby Georgia Atlanta Illinois Carol Stream ▪ East Alton ▪ Schaumburg ▪ University Park ▪ Wheeling Kentucky Louisville Massachusetts Monson Missouri Cuba ▪ Kansas City New Jersey Parsippany ▪ Woodbridge North Carolina Madison ▪ Pine Hall Puerto Rico Caguas Rhode Island Warwick Texas Ennis ▪ Houston ▪ Irving MEXICO Querétaro BRAZIL Santo Andre 1 SOUTH AMERICA © 2019 wieland group Düsseldorf ▪ Hagen ▪ Kaufbeuren ▪ Kornwestheim ▪ Langenberg ▪ Neu-Ulm ▪ Stolberg ▪ Trossingen ▪ Ulm ▪ Villingen ▪ Vöhringen ▪ Wendelstein GREECE Metamorfossi Attiki ▪ Thessaloniki HUNGARY Budapest ITALY Treviglio NORWAY Dolmoy ▪ Hvidovre POLAND Bielsko-Biała ▪ Warsaw PORTUGAL Esposende ▪ Vila Nova de Gaia ROMANIA Deva RUSSIA Moskow SPAIN Sta. Perpètua de Mogoda SWEDEN Deva SWITZERLAND Belach TURKEY Istanbul UNITED KINGDOM Birmingham ▪ Northampton ASIA, AUSTRALIA CHINA Shanghai ▪ Shenzhen ▪ Guangzhou INDIA Bangalore JAPAN Kanagawa-ken SINGAPORE Singapore SOUTH KOREA Anyang Gyeonggi-Do TAIWAN Taipei City THAILAND Bangkok AUSTRALIA Victoria 5 September 2019 Proximity to customers and markets Global state-of-the-art manufacturing network Montpellier - US Langenberg - DE Wheeling - US Birmingham - UK Ulm - DE East Alton - US Vöhringen - DE Shanghai - CN Pine Hall - US Stolberg - DE Shanghai - CN Villingen - DE Ulm - DE © 2019 wieland group Shenzhen - CN Enzesfeld - AT Esposende - PT 6 Singapore - SG Amstetten - AT September 2019 Management and organization Wieland Group Executive Committee Dr. Erwin Mayr Dr. Joerg Nuebling Ulrich Altstetter CEO CFO CTO Wieland North America Greg Keown President BU Wieland Metal Services © 2019 wieland group Wieland Europe and Asia Dale Taylor President BU NA Rolled Products Olaf Goertges Bernd Grasshof SVP, President BU Rolled Products SVP, President BU Thermal Solutions Devin Denner Bill Toler (interim) Anton Zierhut Roman Vorndran President BU Wieland Chase CFO Wieland NA SVP, President BU Extruded Products SVP, President BU Engineered Products 7 August 2019 Wieland North America Wieland North America (WNA) leadership team Devin Denner Greg Keown Dale Taylor Bill Toler David Kern President Wieland Chase President Wieland Metal Services President Wieland Rolled Products North America CFO / IT / Strategy Vice President Human Resources © 2019 wieland group 8 27.11.2019 ONE Wieland © 2019 wieland group 27.11.2019 Products range from strips, rods, and high performance tubes to engineered products for electric vehicles Wieland’s product portfolio in line with customers’ needs Strip and sheets © 2019 wieland group Finned tubes and heat exchangers Rods, wire and tubes 10 Slide bearings and components September 2019 Global Business Units Overview of Wieland Business Units Extruded Products Rolled Products Engineered Products Thermal Solutions Wieland Chase Rods, wire and tubes Strip and sheets Slide bearings and components Finned tubes and heat exchangers Brass rods 2,525 406 1,869 Employees Employees 1.5 1.2 Billion € sales Billion € sales 201 Thousand tons sales quantity Thousand tons sales quantity 5 17 Service Companies 6 Production locations 5 144 Million € sales 7 305 Production locations Employees 37 375 5 335 Employees 300 Million € sales Thousand tons sales quantity 2 Production locations 532 Million € sales 4 Production locations Wieland Metal Services Strip, sheets, foil and welded tubes Non-ferrous metal strip, sheet and foil 37 1,187 5 424 Employees 786 Million € sales 140 106 33 Thousand tons sales quantity Employees Wieland Rolled Products North America Thousand tons sales quantity 1 Production location Employees 424 Million € sales 68 Thousand tons sales quantity 5 Production locations Thousand tons sales quantity 10 Processing locations Slitting centers Basis FY2017/18, pro forma adjusted © 2019 wieland group 11 September 2019 Wieland Metal Services 2019 wieland wieland group group © 2019 2 12 Wieland Metal Services Company Overview • Started in Rhode Island in 1922 as AJ Oster • 12 service centers in the United States, Puerto Rico & Mexico • Employs 443 people, headquartered at Warwick, RI • 2019 Volume 125M lbs., Net Sales at $475 Million • Largest North American processing distributor of copper, brass sheet, strip & foil • Process and distribute bare and coated aluminum strip, sheet & foil • Offer short lead-times, small quantity deliveries on wide range products • Safety our top priority VPP chosen as the company standard • Goal of achieving STAR status at all sites; currently 5 VPP STAR sites: Yorba Linda, Alliance, Carol Stream, Warwick, Puerto Rico • Queretaro, MX has achieved level 2 Autogestion certification • All locations are ISO 9001: 2015 Certified © 2019 wieland group 13 Wieland Metal Services Competitive Advantages Full range of processing capabilities Slitting, traverse winding, cut-to-length, tinning, cleaning & coating 95+ years of experience Reputation, Quality and Reliability Small quantity deliveries Wide range of quality products Network wide inventory management system Strategic mill partnership Strategically located in US, Puerto Rico, and within Mexico’s “Industrial Triangle” Multi-metal offering and expertise: Copper, Aluminum, Stainless Steel, etc… © 2019 wieland group 14 Wieland Metal Services Capabilities Slitting Tension Leveling Traverse Winding (TWR) Coating/Painting Cleaning Tinning Cut-to-Length Blanking Toll Processing Supply Chain Management Metallurgical Support Scrap Buy Back Programs © 2019 wieland group 15 © 2019 wieland group 16 24.03.2022 Wieland Metal Services Wieland Metal Services Mexico Queretaro has a privileged location by being in central Mexico. - Located just 220 km from Mexico City. Highway 57, better known as NAFTA Highway crosses the state. - Potential market of over 45 million people in a 350 km ratio. » Querétaro has a strong presence of national and international companies, mainly in the Automotive, Aerospace, Information Technologies, and Biotechnology sectors. Over 45 Industrial Parks located in the State contribute to build these industries. » The Automotive Sector represents 28.5% of Querétaro´s exportations, being the most consolidated sector and the main employer in the entity. With over 50,000 employees, this sector has a strong impact in Tier 1 and Tier 2 suppliers. Querétaro is a strategic logistics hub for the “Bajío” Region, near the OEM´s located in neighbor states. © 2019 wieland group 17 24.03.2022 Wieland Metal Services Wieland Metal Services Mexico Capabilities 2 Precision Slitting : Gauge .008”-.125”, Widths .200”-24” 1 Strip edging (round & square edges) 1st class warehouse for stocking & distributions programs Ability to handle bars, extrusions and long products. Locations to stock 3 MI Lbs. © 2019 wieland group 18 Wieland Metal Services Strenghts • • • • • • • • • • • • • • Full Range of Processing Capabilities. 20 Years of Experience. Reputation. Reliability . Small Quantity Deliveries. Wide Range of Quality Products. Network-wide Inventory Management System. Strategic Mill Partnerships. Strategic Location. Immex Program Capability. Efficient Logistics Network. Customer Service. Local Technical Support. Swift Reaction to Order Fulfillment. © 2019 wieland group 19 24.03.2022 Electrical Engineering NA Mexico Transaction Model – Competitive Advantage Through WMS USA supply Chain Mexican/USA Border, Laredo, TX Wieland Metal Service Queretaro, Mexico “In Country” local service & support Wieland Mexico takes ownership and imports from US to MX. 2 models: 1. No VAT (IMMEX) – US$ 2. 16% VAT - MEX Peso Scrap Recycle Customers “IMMEX” – Manufacturing Industry for Export Services ( Maquiladoras) No Import Duty, No VAT. End Products must be re-exported out © 2019 wieland group 20 20 Wieland Metal Services Presence in Mexico Nogales EL Paso Chihuahua McAllen Brownsville Durango Veracruz Manzanillo -Chicago to Laredo 2200 km (21 hrs.) -Laredo to Monterrey 220 km (2.5 hrs.) -Monterrey to Queretaro 707 km (8 hrs.) -Queretaro to Juarez 1603 km (19 hrs.) -Monterrey to Juarez 710 km (7.5 hrs.) Wieland Metal Services located within the “Industrial Triangle” and NAFTA Highway © 2019 wieland group 21 © 2019 wieland group 22 Wieland Metal Services Wieland Metal Services Mexico Volume VOLUME BY METAL Aluminium 4% Stainless 2% VOLUME BY MARKET OTHER 9% Other 1% MISC STAMPING 27% ELECTRONIC 0% DISTRIBUTOR 0% Red Metal 93% © 2019 wieland group 23 AUTOMOTIVE 36% BUILDING & CONSTRUCTION 28% Wieland Metal Services Wieland Metal Services Mexico Volume Customer Name Lbs YTD MJ CELCO INC 1,164,259.00 ELCOM INC 752,947.00 SIEMENS INDUSTRY INC. 408,738.00 COOPER WIRING DEVICES DE MEX 353,350.00 INDUSTRIAL CONNECTIONS 335,654.00 BTICINO DE MEXICO S.A.DE C.V. 272,130.00 COOPER WIRING DEVICES DE MEXIC 203,892.00 AISIN MEXICANA SA DE CV 201,318.00 YKK USA INC. 162,912.00 LATONES Y COBRES TROQUELADOS 154,531.00 KEATS DE MEXICO, S DE RL DE CV 147,289.00 METALOR TECHN.OPER.MEX SA CV 133,513.00 Total © 2019 wieland group 4,290,533.00 24 Alloy CU11000 CU26000 CU19020 CU19720 AL61010 CU19400 SS30400 AL30040 CU15500 Cust Mat CU26800 Total Lbs YTD 2,808,187.00 1,258,359.00 312,083.00 184,830.00 119,382.00 104,744.00 62,175.00 48,853.00 30,806.00 27,720.00 26,051.00 4,983,190.00 Wieland Metal Services Delivery and Quality Performance 100,00% 99,65% 99,22% 99,04% 99,27% 99,00% Monthly Rejection % 98,90% 97,50% 1,40% 1,30% 1,20% 98,00% 97,26% 97,00% 97,00% 1,00% 0,80% 96,00% 0,60% 95,00% 0,40% 0,30% 94,00% 0,20% 0,02%0,00% 93,00% 0% 0,35% 0,27% 0,07% 0,00% 0,00% 92,00% Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep OTP © 2019 wieland group GOAL % of rejections 25 Goal 24.03.2022 Wieland Metal Services ¡Thank You! © 2019 wieland group 26 24.03.2022