1. www.merlinpcbgroup.com

2. Merlin PCB Group www.merlinpcbgroup.com Vision To be UK’s leading preferred Printed Circuit Board supplier to the global electronics industry Mission Statement Merlin PCB Group is a leading UK service provider to the global electronics industry deploying leadership, lean methodologies, investment & strategic partnerships to achieve TOTAL customer satisfaction

3. Merlin PCB Group www.merlinpcbgroup.com Philosophies  Finance Create a sustainable positive financial environment for ongoing investment in people & processes.  Technology Create robust & reliable, production processes to achieve our business objectives.  Environmental Minimise our local & global environmental impact.  Lean Manufacturing Deploy Lean tools & techniques to achieve process improvements & improve efficiencies.  People Invest in people through continuous training and development.

4. Merlin PCB Group www.merlinpcbgroup.com Merlin Values  Honesty & Transparency Be open, honest & transparent in everything we do  Clarity & Commitment Be clear about what we seek to achieve and then do what we say we will do  Consistency & Discipline Standardise our approach & adhere to systems & procedures  Respect Treat others, as we wish to be treated. Treat property as if it was our own.  Energy & Enthusiasm Approach everything we do with a positive attitude  Pride Be proud of the Merlin Group, our products and our service.  Celebrate Success Recognise and reward individual and team achievement.

5. Merlin PCB Group Strong Growth £20M annual sales 187 employees Proactive Design for Manufacture Specialist Enhanced Technical Support Technology Mix Complete Service Provider by Merlin Group R&D Support Lead-time & Logistic Solutions Fast-track programme support Managed programme schedules www.merlinpcbgroup.com Merlin Circuit Technology UK High Tech Rigid PCB £5M Sales 86 Employees Kestrel International Circuits Offshore PCB Specialist £10M Sales 26 Employees Merlin Flex Ltd UK Flex & Flex/Rigid £5M Sales 62 Employees Elite Circuits Prototype Rigid PCB £0.5M Sales 13 Employees Merlin PCB Group

6. www.merlinpcbgroup.com Over 600 Group Customers Organic Growth Acquisition Growth £20M Annual Sales o £10.5M Offshore Supply o £5M UK Rigid Manufacture o £4.5M UK Flex Manufacture Range of Sectors Served STRONG SALES GROWTH 2014 Sales £18M 2009 Sales £9M 5 Year 100% Growth

7. Merlin PCB Group www.merlinpcbgroup.com

8. Merlin PCB Group www.merlinpcbgroup.com

9.  Flex & Flex\Rigid Manufacture – 1 to 24 Layers  30,000 SqFt UK Manufacturing Facility  DFM thru’ to Volume Supply  Specialist ‘In-House’ Flex Assembly Facility – IPC-J-Std Qualified Assemblers  Fast Turn Prototype Service  Accreditations: AS9100 / ISO9001 / IPC 600 Trainer / SC21 Bronze Award Merlin Flex Ltd

10. www.merlinpcbgroup.com EN9100:2009 (AS9100C & ISO9001:2008) ISO14000 (pending 2016) IECQ (BSEN 123000) IPC-600 Trainer Certification (CIT) SC21 Bronze Award IPC-J-STD Class 3 (Assembly Operators) Merlin Flex Ltd

11. Complete Flex Capability Single-sided & Double-sided Flex Multilayer flex (up to 6 layers) Flex/Rigid Multilayer (up to 24 layers) Reverse-Bared/Floating Lead Sculptured Flex EMC Silver Film Shielding (Tatsuta Film) Controlled Impedance www.merlinpcbgroup.com

12. Merlin Flex Ltd Specialist Flex Assembly Fully Automated SMT Placement (to 0402) IPC J-Std Manual Solder Assemblers Connector Back Potting Conformal Coating DuFlex Crimp Connector Systems 100% Functional Testing Full RoHS Compliance IPC Class 3 www.merlinpcbgroup.com

13.  Leading High Technology PCB Manufacturer - 1 to 32 Layers  45,000 SqFt Manufacturing Facility  High Technical Engineering capability  HDI Micro Via & Impedance Control  Quick Turnaround for Prototype & NPI  Accreditations: AS9100 / ISO9001 / UL / IPC 600 Trainer / SC21 (Bronze) Programme Merlin Circuit Technology

14. Merlin Flex LtdMerlin Circuit Technology EN9100:2009 (AS9100C & ISO9001:2008) NADCAP (Expected 2016) UL (File No. E111321) IPC-600 Trainer Certification (CIT) SC21 Signatory (Bronze Award) Sharing In Growth (SiG)

15. Merlin Flex LtdMerlin Circuit Technology Recent InvestmentsDate HITACHI XRF Coating Thickness Gauge March 2014 £20K ITC THP 35 Hole Plugging Machine June 2014 £123K MOV650-Q2 Universal Robot Sept 2014 £17K PAL OSST Pattern Plate Control System V5.32 Dec 2014 £22K EAS Effluent treatment systemDec 2014 £60K Oxford system CUCL Controller (Inner Layer etch)Dec2014 £18K ECOSPRAY Solder Mask SprayApr2015 £40K Schmoll LIN 2-125 Routing MachineMay2015 £90K Dual Output Reverse Pulse Rectifier for Pattern Plate Oct 2015 £120K £510K Future Investments 2016 Increased LDI Capacity Pin-less Registration Laser Drilling

16. Merlin Flex LtdMerlin Circuit Technology Technology 1 to 32 layer Prototype, NPI & Gateway facility Quick Turn Around High technology HDI FR4, Polyimide, RF, PTFE materials and others AS9100 Rev C Approval to Class 3 UK RIGID PCB MANUFACTURE Merlin Circuit Technology Ltd Leading industry development partners Working with academia, professional bodies, European union and customers Developing technology for the PCB industry Embedded components IONIC Flux Project Aspis Project HASLEN Project INNOVATION

17. Merlin Flex LtdMerlin Circuit Technology Technology Roadmap 201520182020 GENERAL Board thickness – 5mm Min Core Thickness – 75um Layer Count – 32 Layer Board thickness – 6mm Min Core Thickness – 50um Layer Count – >32 Layer Board thickness – 6mm Min Core Thickness – < 50um Layer Count – 38 Layer FEATURE GEOMETRY Track & Gap - 75um / 75um Annular Ring - 100um SM Clearance – 50um Track & Gap - 50um / 75um Annular Ring - 75um SM Clearance – 35um Track & Gap - 50um / 50um Annular Ring - 50um SM Clearance – > 25um MECHANICAL Rout Tolerance – 100um Z-Axis Rout Tol. – 100um Min Drill Ø – 0.2mm Rout Tolerance – 75um Z-Axis Rout Tol. – 50um Min Drill Ø – 0.15mm Rout Tolerance – >50um Z-Axis Rout Tol.– >50um Min Drill Ø - >0.1mm METALISATION Via Aspect Ratio – 8.5:1 Copper Fill via size – 120um Via Aspect Ratio – 10:1 Copper Fill via size – 150um Via Aspect Ratio – 12:1 Copper Fill via size – >200um (Including through via) MATERIALS FR4, Polyimide materials, PTFE, Halogen Free, Low DK Low Loss, High Reliability / Speed Materials up to 75GHZ PTFE Replacement Materials >75GHZ High Speed materials. 3D Materials MISC Via Fill (Ink) Technology Controlled Impedance 10% Conductive Ink Filling (Epoxy) Controlled Impedance 5% 3D Circuit Fabrication / Metallisation

18. Merlin PCB Group Leading PCB Service Provider www.merlinpcbgroup.com Leading industry development partners Working with academia, professional bodies, European union and customers Developing technology for the PCB industry Embedded components IONIC Flux Project Aspis Project MACFest & HASLEN Projects INNOVATION Aspect Project

19. www.merlinpcbgroup.com  Specialist High Quality, Low Cost Flex, Flex/Rigid & PCB Supply  Long Term Established Partnerships  Value Added, Global Logistical and Lead-time Solutions  UK & Asia Based Engineering, Service, Quality & Logistics  Managed UK Prototype & NPI Transfer to Offshore Volume  Accreditations: ISO9001 / ISO_TS16949SC21 / ISO14001 / UL Kestrel International Circuits

20. Kestrel Suppliers are carefully selected to ensure consistent excellence in service and quality and to meet our customers needs and now in the future. Kestrel is an ISO 9001 company. Offshore suppliers are regularly audited by our UK quality director and our China based technical and quality personnel Managed engineering process UK–China We monitor our suppliers technical capability and quality Our offshore supply facilities hold the following international accreditations ISO 9001, ISO 14001. ISO/ TS16949, UL Offshore Manufacturing and Logistics Expertise Kestrel International Circuits www.merlinpcbgroup.com

21. Value adding Global logistical and lead-time solutions Logistic options including Kanban & Consignment stock Air Freight and Sea Freight Options Tailored logistics solutions Managed prototype and NPI transfer to offshore volume UK Service and Technical and Centre Kestrel technical and logistics in China and Hong Kong Latest bar coding and stock control systems implemented Kestrel International Circuits, Adding value Kestrel International Circuits www.merlinpcbgroup.com