1 Asset Disposal Project Rebuild Proposal For Mobile Equipment

2 Truck Regeneration BEFORE … AFTER……

3 Rebuild Programme Rebuild Proposal for Mobile Equipment - Selection of Machines identified for Rebuild Programme - Proposal from OEMS ie., Sandvik and Atlas Copco - Rebuild in Ireland prior to shipping

4 Machines identified for Rebuild OEM Machine NumberMachine ModelMachine TypeSerial Number Rebuild Cost Vs New Cost Machine Value Vs New Machine Sandvik292Toro 50DDump TruckT %54%

5 Truck Rebuild Example Toro 50D Truck Typical cost to rebuild is from 45% to 60% of comparable new unit Timeframe for delivery is also significantly less than typical new unit delivery time Leadtime on Rebuild 10/14 Weeks Depending on Rebuild/Repair Spec Leadtime on New Machines – 27/32 Weeks depending on unit type Typical reduction up to 30% of cost per hour to operate and maintain following return to production after completion of rebuild programme.

6 EXAMPLE OF REBUILD Truck Regeneration - Toro 50D Truck Frame Structure Strip, Sandblast, Structural Inspection, Repair and Paint Cabin Strip, Sandblast, Re-upholster, Electrical Inspection, Repair and Paint Engine Reconditioned by engine OEM specialist Powertrain and Driveline Components All components inspected and reconditioned to OEM specification Hydraulics All piping and hosing replaced and all valves repaired/replaced Electrics All electrics built and tested to OEM specification Quality Control and Testing Machine completed to OEM production unit standard test procedures

7 Key Benefits KEY BENEFITS Allows customer to retain proven technology with option to upgrade Improved machine availability equating to lower cost per tonne Economical second life repair Keeps equipment in the field longer ADDED VALUE (Examples) Safety Rails Emission Solutions – DPF Filter Reverse Cameras Warranty Customer specific modifications Compliance with updated legislative requirements All OEM safety updates installed

8 Rebuild Programme Cost Saving to Operations **Rebuilt Machine for 45% - 60% cost of New** Detailed Audit Inspection Disassembly down to bare chassis Full recondition of major components Performance Testing Full Repaint Weekly inspection by Lisheen Personnel Specialised Tooling Fabrication ISO 9001:2008 Quality Assurance Record Warranty assured on delivery Shipping organised with Operation Commercial agreement direction between buyer and OEM Weekly Progress Reports and Photographic Progress Log