PEPEES S.A. Capital Group Profile Lomza, October 5, 2018 www.pepees.pl export@pepees.pl ul. Poznanska 121, 18 – 402 Łomza Poland

Who are we? 1.Leader of Polish potato starch industry (as capital group) *processing capacity: 3.500tons of potatoes/day 2.Year of establishment: 1965 *privatized and launched on Warsaw Stock Exchange in 1997 3.Current employment: 250 *Capital group: 450 3.Sales revenues (2017): EUR 35,2 million *Capital group: EUR 52,8 million 4.Products: potato starch, maltodextrin, dextrose, proteins 5.Over 50 export destinations (EU & overseas) HACCP, ISO, BRC, Halal, Kosher *International recognition – over 50 export destinations *Present on Warsaw Stock Exchange *3 factories in Poland (over 300.000 tons potato processing capacity) www.pepees.pl export@pepees.pl ul. Poznanska 121, 18 – 402 Łomza Poland www.pepees.pl

Quality – driving force to success Our production complies with HACCP and BRC requirements We are certified according to ISO 9001 & ISO 22000 quality norms

Product portfolio (1) *Potato starch is obtained through mechanical separation of starch grains from other components in potatoes followed by rinsing, purification, drying and sifting. *Application: In food and pharmaceutical industry, starch is used for giving a product proper texture, appearance (form), moistness, consistency and storage durability. *PEPEES offer: Big bags (1.000 kg), 25 – kg paper bags, 1 kg & 0,5 kg for retail *Maltodextrin is starch substance in form of loose white powder obtained through enzymatic depolimerization of starch suspension in water, followed by spray drying. *Application: commonly used in production of beverages, confectioneries, nutrition products, instant and frozen food, pharmaceuticals *PEPEES offer: Big bags (1.000 kg), 25 – kg paper bags *Crystalline dextrose – product in the form of crystalline fine white powder obtained during enzymatic hydrolysis of starch. Contains over 99% of pure glucose. *Application: used in production of confectionary, ice-cream, desserts, dry food mixes, non-alcoholic beverages, fruit and vegetable products. Widely applied in pharmaceutical and chemical industries. *PEPEES offer: 25 – kg paper bags, 100 g sachets for retail

Product portfolio (2) *Anhydrous dextrose – Product of pharmaceutical quality in the form of crystalline fine white powder obtained during enzymatic hydrolysis of starch. *Application: pharmaceutical industry for production of drugs and supplements. *PEPEES offer: 25 – kg paper bags *Potato feed protein – Product obtained from potato intracellular fluid through thermal and acid coagulation, separation and drying. Ready-made product is a loose grey powder *Application: valuable component of feedstuff mixes for animals and is an excellent replacement for animal protein. *PEPEES offer: Big bags (1.000 kg), 25 – kg paper bags *Potato flakes – Dehydrated and dried potato in the form of flakes or powder. *Application: instant puree, instant products, food concentrates, snacks, baking industry *PEPEES offer: 20 & 25 kg paper bags, customized packaging

Capital group – other products *Potato grits (GRYS) *largest producer in Poland *Production: 1.500 mt/year *Packed in 25 kg, 3 – layer bags *Largest customers: Jawo Częstochowa - Iglotex Chłodnia Białystok - Anita Działoszyn *Potato flakes (PŁATKI) *Production: 900 mt/year *Packed in 25 kg, 3 – layer bags *Largest customers: Oskroba Piekarnie Szwajcarskie Export to Mexico, Brasil *Potato glucose syrups *Production capacity: 10.000 mt *Packaging: tank (24 mt) containers (1 mt) can (40 kg) *Largest customers: Grycan - over 40 producers of candies

Potato starch - packaging *Big Bag* - 1.000 kg *Dimensions: 110*110*110 cm (+lifting loops: 25*0,35 cm) *Drain sleeve/hopper: 60 cm height, 40 cm diameter *Basic material: PP fabric, coated, electrostatic, white 200+30 PE g/m2 *Transport packaging: Foiled (wrapped) palet. During transport and storage big bags are protected by hood foil. *Loading per 1 FCL – 20 bags (20 mt) *MOQ: 1 FCL *Standard bag* - 25 kg *Dimensions: 50*58*13 cm *Bag & valve type: valve, glued / sleeve, external, heat seal *Basic material: (3 layers) bleached, semi stretchable paper HDPE 7 my foil Gray paper *Loading per 1 FCL – up to 21 mt (loose cargo), 17,5 mt (wrapped palets) *MOQ: 1 FCL

PEPEES sales structure in 2017/2016 (PLN) International presence (examples) PEPEES sales structure in 2017/2016 (PLN)   2016 2017 % change Poland 66 345 812 75 506 371 13,81 Export - EU 15 310 572 17 766 205 16,04 Export - others 45 931 716 54 779 132 19,26 Total 127 588 100 148 051 707

Contact person Filip Hewelke Export Development Manager *fhewelke@pepees.pl *fhewelke@ppzbronislaw.com.pl +48 790 207 055 (Whatsapp) www.pepees.pl