Company Introduction Shine & Salt Share & Satisfaction ADVANCED VALVE ENGINEERING Shine & Salt Share & Satisfaction Self-Creativity & Sincerity Company Introduction http://www.snsvalve.co.kr 1

GENERAL INFORMATION S&S Connect Manual Valve Seoul Office Shine & Salt Share & Satisfaction Self-Creativity & Sincerity Manual Valve Factory & Head Office Control Valve Factory & Office S&S Connect Seoul Office Yudang Village Silver town 2

GENERAL INFORMATION Annual Turnover of S&S Group 2012 2013 Total INC H/F 55 60 115 Metal 78 68 146 Valve 38 52 90 171 180 [ Unit: Million US Dollar ] 3

Quality Management Team ORGANIZATION CHART CHAIRMAN Mr. J.H YANG Production Part 2 General Affair Part Domestic Sales Part Overseas Sales Division Production Strategy & Audit Team Purchasing Q.A Part Q.C Part Quality Assurance Production Part 1 M. DIRECTOR Mr. Y.Y Kim Quality Management Team Technical Team Administration team CONTROL VALVE BUSINESS UNIT MANUAL VALVE PRESIDENT Mr. B.H AHN M. DIRECTOR Mr. N.W Park Administration G. MANAGER Mr. S.J LEE Mr. B.O Lee Mr. D.W Son O&M DIVISION (Engineers) R & D CENTER (Designers) MANAGER Mr. J.S LEE 4

1979 고려특수밸브(Korea Special Valve) 인수, 1983 한국전력공사(KEPCO) 고압밸브 제조 면허 획득, COMPANY HISTORY 1968 ESTABLISHED SEO-HEUNG(瑞興) CORPORATION 1979 ACQUISITION OF KOREA SPECIAL VALVE INDUSTRY COMPANY(高麗特殊閥門産業) 1983 GRANTED A LICENSE BY KOREA ELECTRIC POWER CORPORATION TO MANUFACTURE HIGH PRESSURE VALVES FOR POWER PLANT EQUIPMENT GRNATED A LICENSE BY KOREA GAS SAFETY CORPORATION TO MANUFACTURE HIGH PRESSURE EQUIPMENT REGISTERED & SUPPLIED TO KOREA GAS CORPORATION FOR MANUAL CYROGENIC VALVES 1984 ACQUISITION OF THE FACILITY OF SAMKWANG METAL CO.,LTD. AND CHANGED COMPANY NAME TO SEO HEUNG METAL CO., LTD.(瑞興金屬) 1986 ENTERED INTO A TECHNICAL LICENSE AGREEMENT WITH KENSEI VALVE CO., LTD. (JAPAN) FOR HIGH PRESSURE FORGED STEEL VALVES 1989 ENTERED INTO A TECHNICAL LICENSE AGREEMENT AND CO-MANUFACTURING AGREEMENT WITH KEROTEST (USA) TO PRODUCE NUCLEAR VALVES GRANTED LICENSE TO MANUFACTURE VALVES FOR NUCLEAR POWER GENERATION BY THE MINISTRY OF SCIENCE (KOREA) 1994 GRANTED ISO 9001 CERTIFICATE BY TÜV-RHEINLAND 1995 REGISTERED OWN TRADE MARK “SAVE” BRAND 다음은 연혁 입니다. 1968 서흥실업㈜ 창립 하여 1979 고려특수밸브(Korea Special Valve) 인수, 1983 한국전력공사(KEPCO) 고압밸브 제조 면허 획득, 한국가스안전공사(KGS) 고압 장비 제조 면허 획득 을 하고 1984 삼광금속공업㈜ 인수, ㈜서흥금속으로 사명 변경 하게 됩니다 그리고 1986 일본 KENSEI 밸브 기술 협약 체결 1989 과학기술부 원자력 관련 면허 획득 1994 ISO 9001 1995 자체 밸브 브랜드 'SAVE' 상표 등록(특허청) 1996 미국 COPES-VULCAN 기술 협약 체결 1997 한국전력공사(KEPCO) 콘트롤 밸브 제조 면허 획득 하였습니다 1996 ENTERED INTO A TECHNICAL LICENSE AGREEMENT AND CO-MANUFACTURING AGREEMENT WITH COPES-VULCAN INC. (USA) TO PRODUCE PNEUMATIC CONTROL VALVES 1997 GRANTED A LICENSE TO MANUFACTURE CONTROL VALVES FOR POWER PLANT EQUIPMENT BY KOREA ELECTRIC POWR COMPANY 1999 GRANTED THE LICENSE OF API-6D (LICENSE NO. 6D-0304) GRANTED THE LICENSE OF KEPIC-MN ( NUCLEAR QUALITY ASSURANCE SYSTEM) BY KOREA ELECTRIC ASSOCIATION(KEA) ADVANCED VALVE ENGINEERING 5

COMPANY HISTORY 2001 APPROVED BY CLASS LLOYD’S REGISTER TO MANUFACTURE VARIOUS RAW-MATERILAL APPROVED BY CLASS BV’S REGISTER AS THE PROVISIONS OF RULL NOTE CNR 320 TO MANUFACTURE FORGED, CASTED, AND CRYOGENIC VALVES 2002 APPROVED BY CLASS BV’S REGISTER AS THE PROVISIONS OF RULL NOTE CNR 320 TO MANUFACTURE VARIOUS RAW MATERIALS 2003 OBTAINED CE CERTIFICATE FROM TÜV-RHEINLAND FOR INDUSTRIAL, CONTROL & SAFETY VALVES REGISTERD WITH KOREA GAS CORPORATION(KOGAS) FOR CONTROL & SAFETY VALVES FOR CYROGENIC SERVICE GRANTED LICENSE BY KOREA HYDRO & NUCLEAR POWR CORPORATION TO MANUFACTURE CONTROL VALVES FOR NUCLEAR POWER PLANTS SUPPLIED LIQUID-FUELED ROCKET(KSR-III) CONTROL VALVES TO KOREA AEROSPACE R&D INSTITUDE 2004 OBTAINED QUALITY CERTIFICATE BY DAEWOO SHIPBUILDING ENG. FOR CYROGENIC SERVICE APPROVED BY CLASS DNV, LLOYD & BV’S REGISTER TO MANUFACTURE VARIOUS RAW MATERIALS (SUB CONSTRACTORS) GRANTED A LICENSE BY TAIWAN POWER COMPANY TO MANUFACTURE NUCLEAR FORGED STEEL, CASTED BELLOWS SEAL & CHEVRON SEAL PACKING VALVES FOR LUNGMEN NPP PROJECT GRANTED A LICENSE BY CTCI-IHI CPC NORTHERN LNG TERNIMAL TO MANUFACTURE CRYOGENIC GLOBE, CHECK, NEEDLE, BALL & BUTTERFLY VALVES FOR CPC NORTHERN LNG TERNIMAL PROJECT 2005 RESEARCH & DEVELOPED HIGH PRESSURE TOP ENTRY BALL VALVES WITH THE MINISTRY OF COMMERCE, INDUSTRY & ENERGY OF KOREA GOVERNMENT(MOCIE) CO-DEVELOPED A TURBINE BYPASS CONTROL VALVES & PRDS WITH KOREA ELECTRIC POWER RESEARCH INSTITUTE(KEPRI) AWARDED THE PRIZE OF US$ 5MILLION EXPORT FROM THE MINISTRY OF COMMERCE, INDUSTRY & ENERGY 2006 2007 REGISTERED AS AN APPROVED SUPPLIER AT JIANGSU NUCLEAR POWER CORPORATON(JNPC) FOR VARIOUS TYPES OF VALVES (QNC-CLASS) ADVANCED VALVE ENGINEERING 6

COMPANY HISTORY 2008 CI RENEWAL AND CHANGE OF COMPANY NAME TO S&S VALVE CO., LTD OBTAINED ASME “N” & “NPT” STAMP 2010 GRANTED TWO AWARDS BY KOERA HYDRO & NUCLEAR POWER CO. LTD (KHNP) TO MANUFACTURE AND SUPPLY J231(T, CONTROL VALVES FOR GENERAL SERVICE) & P206A(Q, ASEM III STEEL GATE, GLOBE VALVES WITH ACTUATOR) FOR SHINWULJIN #1~2 UNITS. ※ TOTAL REGISTERED VALVE PACKAGE AT KHNP : 10 PACKAGES - REGISTRATION NO. 201000065: P240(Q), P207(Q), J231(T) - REGISTRATION NO. 200900589: P206A(Q), P204(Q), P209(T), P206B(T), J232A(T), - REGISTRATION NO. 201000066: P208(Q), P214(T) 2011 GRANTED A AWARDS BY CHINSE NATIONAL OCEAN OIL COOPERATION(CNOOC) TO MANUFACTURE AND SUPPLY CRYOGENIC GLOBE & CHECK VALVES FOR ZHEJIANG LINGBO LNG TERMINAL. 2012 APPROVED BY CLASS LLOYD’S REGISTER TO MANUFACTURE VARIOUS RAW-MATERILAL APPROVED BY CLASS BV’S REGISTER AS THE PROVISIONS OF RULL NOTE CNR 320 TO MANUFACTURE FORGED, CASTED, AND CRYOGENIC VALVES 2013 APPROVED BY CLASS BV’S REGISTER AS THE PROVISIONS OF RULL NOTE CNR 320 TO MANUFACTURE VARIOUS RAW MATERIALS ADVANCED VALVE ENGINEERING 7

ANNUAL TURNOVER 다음은 연간 매출액 입니다 8

Certificate of Authorization Certificate of Authorization LICENSES & CERTIFICATES TYPE APPROVAL CERTIFICATE – BV/LR/KRS Certificate of Authorization ASME N STAMP Class 1, 2 & 3 Certificate of Authorization ASME NPT STAMP Class 1, 2 & 3 S&S ADVANCED VALVE ENGINEERING 9

DESIGN CAPABILITY DESIGN SOFTWARE 2D: AUTOCAD, MICROSTATION S&S Valves are designed to meet the ASME Sec-III Design Standards. In addition to 3D-modeling and analysis for structural safety, flow analysis is carried out on TRIM to guarantee its accurate Cv value as well as to verify structural strength under limited conditions at which actual testing is impossible to provide safe and accurate performance, DESIGN SOFTWARE 2D: AUTOCAD, MICROSTATION 3D: SOLIDWORK, PRO-3 Design Analysis Software: ANSYS10.0, COSMOWORKS ADVANCED VALVE ENGINEERING 10

VALVE RANGES 11 C/V : Control Valves, MOV : Motor Operated Valves, #150 #2500 #1500 #150 #900 #2500 #600 #150 #4500 #150 #4500 #150 #4500 #900 #2500 #150 #2500 #900 #600 #150 #2500 #900 #150 #4500 #600 #2500 #900 C/V : Control Valves, MOV : Motor Operated Valves, POV/AOV : Rheumatic/Air Operated Valves, M/V : Manual Valves 11 ADVANCED VALVE ENGINEERING #1500

METAL SEATED BALL VALVE SAVE TOTAL VALVE SERVICE METAL SEATED BALL VALVE SPECIFICATIONS 1) Valve Size : 2" ~ 16" 2) Applicable Rating : ASME 600# ~ 1500#, 2500# 3) Temperature : Up to 500℃ 4) Code & Standard : API, BS, ASME, ASTM, KGSC Designed by ASME B16.34 / 16.10 / 16.25 5) Constructions • Two Piece Type • End Connection: Flanged, RTJ or Butt-welded Type • Trunnion Ball Type / Metal Seat Type • Full Bore / Reduce Bore • Blow-out Proof Stem • Double Seal, Double Block & Bleed / Anti-static Design • Pressure Relieving Seats • Fire Safety Construction (API-607) 다음은 국내에서 인정받는 기술력을 지닌 분야인 초저온 밸브 입니다. 앞서 말씀드린 바와 같이 자사에서 제작한 초저온 밸브를 장착한 lng 케리어가 전세계에서 운행 중이며 Lng 터미널 또한 사용 되고 있습니다 ADVANCED VALVE ENGINEERING 12

PARALLEL SLIDE GATE SAVE TOTAL VALVE SERVICE SPECIFICATIONS 1) Valve Size : 2" ~ 16" 2) Applicable Rating : ASME 600# ~ 1500#, 2500# 3) Temperature : Up to 500℃ 4) Code & Standard : API, BS, ASME, ASTM, KGSC Designed by ASME B16.34 / 16.10 / 16.25 5) Constructions • End Connection : Flanged Type • PSB(=Pressure- Seal Bonnet) Type • Full Bore • Manual or Motor Operated (Pneumatic, Electric, or Hydraulic) 다음은 국내에서 인정받는 기술력을 지닌 분야인 초저온 밸브 입니다. 앞서 말씀드린 바와 같이 자사에서 제작한 초저온 밸브를 장착한 lng 케리어가 전세계에서 운행 중이며 Lng 터미널 또한 사용 되고 있습니다 ADVANCED VALVE ENGINEERING 13

GENERAL SERVICE VALVES SAVE TOTAL VALVE SERVICE GENERAL SERVICE VALVES CASTING VALVES TYPE BALL, GATE, GLOBE, CHECK SIZE 2” (50A) ~ 48” (1200A) BONNET BB, PSB, EXT MATERIALS CARBON STEEL, ALLOY, HIGH ALLOY, STAINLESS STEEL, ETC. RATING ANSI #150 ~ #2500 END TYPE BW, FLANGED FORGED STEEL VALVES TYPE GATE, GLOBE, CHECK, Y-GLOBE, BALL, NEEDLE, ANGLE SIZE ¼” ~ 2” BONNET BB, WB, PSB, EXT MATERIALS A105, F304(L), F316(L), F1, F5, F9, F11, F22, F347, LF2, DUPLEX, HIGH-ALLOY, ETC. RATING ANSI #150 ~ #4500 END TYPE SW, THREADED, BW, FLANGED 이번엔 케스팅 밸브 입나다 게이트, 글로브. 체크, 그리고 볼 밸브 등을 생산 하고 있습니다 싸이즈는 2”~ 72” 이고 보시는 바와같이 카본스틸 계열, 알로이 계열, 스텐레스 등을 생산 압니다 앞에 소개해드린 바와 같이 상하이 lng 에 63” 볼밸브를 납품한 경험이 있고 지금도 케스팅 밸브 수주가 계속 증가하는 상황 입니다 ADVANCED VALVE ENGINEERING 14

SAVE TOTAL VALVE SERVICE BELLOWS SEALED VALVES TYPE GATE, GLOBE, Y-GLOBE, POV & MOV SIZE ¼” ~ 2” (FORGED) 2” ~ 24” (CASTED) BODY MAT’L A105, F304(L), F316(L), F321, F1, F5, F9, F11, F22, F347, LF2,, BELLOWSMAT’L 316, 316L, 321, ETC INCONEL, HASTELLOY STEEL,ETC RATING ANSI #150 ~ #2500 TEMP. -196℃ ~ 650℃ 벨로우즈 밸브의 사여 표 입니다 타입은 게이트, 글로브, 와이 글로브. Pov , mov 등이 있으며 재질 등이 기제 되어 있으며 압력은 #150~#2500로 사용하고 있습니다 오른쪽에 제품 실물 사진 이고요… ADVANCED VALVE ENGINEERING 15

CRYOGENIC VALVES SAVE TOTAL VALVE SERVICE TYPE GATE, GLOBE, ANGLE, NEEDLE, CHECK, BALL (3-PIECE) , BALL (TOP-ENTRY), SAFETY SIZE ¼” ~ 2” (FORGED), 2” ~ 36” (CASTED) BONNET LONG EXT. (DRIP-PLATE) BODY MAT’L F304, F316, CF8, CF8M, F304L, F316L, CF3, CF3M RATING ANSI #150 ~ #2500 TEMP. DOWN TO - 196 ℃ OPERATION MANUAL, CONTROL AOV, MOV, HOV, PSV, PRV LEVER, HAND-WHEEL, WORM-GEAR, ACTUATORS 다음은 국내에서 인정받는 기술력을 지닌 분야인 초저온 밸브 입니다. 앞서 말씀드린 바와 같이 자사에서 제작한 초저온 밸브를 장착한 lng 케리어가 전세계에서 운행 중이며 Lng 터미널 또한 사용 되고 있습니다 ADVANCED VALVE ENGINEERING 16

SAVE TOTAL VALVE SERVICE MOTOR OPERATED VALVES (MOV) TYPE GLOBE,GATE,BALL,BUTTERFLY SIZE ½”(15A)~ 28”(700A) RATING ANSI #150 ~ #4500 MAT’L FORGED & CASTED STEEL BONNET BB,WB,PSB,EXT,FIN ACTUATOR LIMITORQUE, AUMA, ROTORK, ETC. AIR OPERATED VALVES (AOV/POV) TYPE GLOBE, GATE, BALL,BUTTERFLY, CRYOGENIC, BELLOWS-SEAL, ETC. SIZE ½”(15A)~ 42”(1050A) RATING ANSI #150 ~ #2500 MAT’L FORGED & CASTED STEEL BONNET BB,WB,PSB,EXT,FIN ACTUATOR PISTON CYLINDER, ROTARY CYLINDER, DIAPHRAGM, ETC. MOV 와 POV 밸브 또한 제작하고 있습니다 ADVANCED VALVE ENGINEERING 17

CUSTOMIZED SPECIAL HOV SAVE TOTAL VALVE SERVICE HYDRAULIC OPERATED VALVES (HOV) TYPE GLOBE, GATE, ANGLE, CONTROL, BUTTERFLY, BALL, ETC. SIZE ½”(15A)~ 28”(700A) RATING ANSI #150 ~ #4500 MATERIALS FORGED & CASTED STEEL CUSTOMIZED SPECIAL MAT’L BONNET BB,WB,PSB, EXT, FIN ACTUATOR CENTORK, DANFOSS, BERNARD, SEIL SERES, ETC. CUSTOMIZED SPECIAL HOV ASTERN GUARD VALVE HYDRAULIC OPERATED CYLINDER 8” 1500LB A217-WC6 RF STEAM TURBIN 유압식 밸브와 주문형 스패셜 밸브 또한 재작하고 있는 상황입니다 ADVANCED VALVE ENGINEERING 18

SERVICE Technical Services Upon customer's request, S&S Valve Co., Ltd. can provide Technical Engineering Service such as Pre-Commissioning & Commissioning Supervision, Site Engineer Training Service, Maintenance & After Sales Services according to S&S's related Quality Assurance Procedure and Service Procedure. Detailed service works, procedure and expense responsibility shall be discussed with the customer before the service performance. S&S ADVANCED VALVE ENGINEERING 19

FACTORY VIEW HEAD OFFICE & FACTORY SHOWROOM FACTORY R&D CENTER 20 S&S ADVANCED VALVE ENGINEERING 20

LICENSES & CERTIFICATES New Excellent Product Certificate (NEP) Certificate of Patent Cryogenic Ball Valves ISO9001:2000 CE 0035 API 6D Fire Safety Test ADVANCED VALVE ENGINEERING 21

EQUIPMENTS & PRODUCTION LINE BORING MACHINE LATHE MACHINE CNC MACHINE DRILL MACHINE WELDING MACHINE FURNACE PAINT BOOTH ASSEMBLY LINE M/V ASSY LINE ACTUATOR ASSEMBLY LINE C/V ADVANCED VALVE ENGINEERING 22

ACTUATOR TESTER, DURABILITY INSPECTION & TEST EQUIPMENTS HYDRO TERSTER 1 HYDRO TESTER 2 HYDRO TESTER 3 ACTUATOR TESTER, DURABILITY FIRE SAFETY TEST FLOW CAPACITY TEST FLOW TEST EQUIPMENT ADVANCED VALVE ENGINEERING 23

Chemicals & Pharmaceutical Other Customized Special SAVE VALVE APPLICATION Shipbuilding & Marines Pulp & Paper Water & Waste Water Chemicals & Pharmaceutical Other Customized Special General Construction Etc. ADVANCED VALVE ENGINEERING 24

“We are serving the best to the world” WORLD WIDE CUSTOMER “We are serving the best to the world” CTCI CORPORATION JGC CORPRATON ADVANCED VALVE ENGINEERING 25