EXEL industries - 2019 Universal Registration Document

Presentation of c the c Group 2

Business overview of the EXEL Industries group

CAPAGRI , a company located in Noyelles-sur-Escault in the Nord department, manufactures and markets equipment parts, mainly for sugar beet and potato harvesters. The company had sales of €1.2 c million in the fi scal year, comparedwith €1.4 c million the previous fi scal year. HOLMER group , based in Eggmühl (Bavaria), Germany, manufactures and markets tanker harvesters, cleaning loaders and high-capacity systems tractors. The Group has one manufacturing site in Germany and six commercial subsidiaries in France, Poland, the Czech Republic, Ukraine, USA and Turkey. It also has a representative o ffi ce in Beijing, China. HOLMER group’s sales, which are consolidated in the financial statements of EXEL Industries for the 2018/2019 fi scal year, amounted to €103.9 c million in the fi scal year compared with €145.0 c million in the previous fi scal year. Main competitors EXEL Industries group’s main competitors in this market are: „ Ropa (Germany), which is diversifying with a range of potato harvesters; „ Grimme (Germany) is the world leader for potato harvesters. Through its HOZELOCK, BERTHOUD, TECNOMA, LASER and COOPER PEGLER brands, the EXEL Industries group, a global leader in the consumer watering and plant protection market, o ff ers innovative, high-quality products to provide solid and efficient solutions for consumers and professional gardeners. Garden Watering Watering tools are used to irrigate the garden, fl owers, vegetables and other plants, including in pots. HOZELOCK has a comprehensive and diverse line-up of products in each non-buried watering category: hoses, reels, connectors and fi ttings, sprinklers, timers and micro-irrigation. In this highly weather dependent world, the fl agship products are freestanding and wheeled hose reels and hoses, where HOZELOCK o ff ers leading products such as Auto Reel, an automatic rewinding reel, the Super TRICOFLEX premium hoses, and the SuperhoZe extending hose launched in 2017. HOZELOCK is the market leader in the UK and Scandinavia, and also operates all over Europe and Australia. Garden sprayers Garden sprayers make it possible to treat plants with fertilizer and protect them against weeds and other pests. In the fi eld of vegetable production, EXEL Industries manufactures and distributes a range of spraying equipment for consumers and the semi-professional segment in France and Europe under the BERTHOUD brand, which has a reputation for the quality of its products in the agricultural sector. TECNOMA and HOZELOCK garden sprayers complement the BERTHOUD brand in France and in the international market. The EXEL Industries group also manufactures and distributes a range of garden spraying equipment under the COOPER PEGLER brand, 2.3.1.3 Garden Watering and Spraying Sales: €112.5 ƭ million, or 14.5% of total Group sales Number of employees: 386 (permanent contracts) Production sites: 2

2.3.1.2 Sugar Beet Harvesters Sales: €113.4 ƭ million, or 14.6% of total Group sales Number of employees: 353 (permanent contracts) Production sites: 1 EXEL Industries develops, manufactures and markets three sugar beet harvesting product lines. Sugar Beet Harvesters A full line of sugar beet harvesters for a wide variety of applications. Di ff erent processes can be used for sugar beet harvesting: with a self-propelled harvester, a self-propelled harvester attached to a tractor, or a tanker harvester. „ The fi rst process requires the use of a tractor with a leaf stripper attached at the front, and a lifting unit at the rear. The sugar beets are left in swaths on the soil and must then be picked up by a loader. This process is disappearing in Europe, but is still widely used in the United States. „ Self-propelled harvesters lift the sugar beets which are transferred directly into a storage tank moving alongside the machine. A small hopper measuring 5 to 7 c m 3 is used to contain a bu ff er stock during the time taken for the storage tank to be replaced by the next one. Used only in France, this type of equipment is increasingly giving way to larger and more powerful tanker harvesters. „ Tanker harvesters have a storage capacity that allows the beets to be lifted and the harvest only transferredwhen the storage capacity has been reached. The storage capacity of tanker machines varies between 12 and 40 c m 3 . They allow the tanks needed for storage to be eliminated or greatly reduced. Sugar beet harvesters are very technologically advanced machines, as they need to penetrate the ground to lift the beets without damaging them and while bringing up as little soil as possible, whatever the weather conditions, land quality and fi eld topology. Our research and development work aims to further improve the availability rate of the machines (seasonal use 24 c hours a day, seven days a week), increase their beet lifting productivity, enhance lifting quality and cleaning, reduce fuel consumption and limit soil compaction. Sugar beet harvester design requires expertise in cutting-edge technologies that are both environmentally-friendly and safe for the operators. Cleaner-loaders Cleaner-loaders allow beets to be cleaned and loaded before being transported to the sugar re fi nery. When the tanker harvester has emptied its harvest at the end of the fi eld, a sugar beet cleaning loader collects the beets and transfers them to a transport container, which then takes them to the sugar re fi nery. High- and medium-capacity carriers High- and medium-capacity carriers are used for logistics in the fi eld. The TERRA Variant high- and medium-capacity carriers are used to transport sugar beets or grains from the harvester (picker or reaper) to the fi eld’s edge or directly into the truck. Description of Group companies Awide range of sugar beet harvesters and cleaning loaders is o ff ered under the HOLMER Exxact brand, manufactured by the following Group subsidiaries: HOLMER and AGRIFAC.

EXEL Industries Group I 2019 Universal Registration Document 12