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A COMPANY OF MONTANA TECH COMPONENTS AG

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A COMPANY OF MONTANA TECH COMPONENTS AG

ASTA - ENERGY TRANSMISSION COMPONENTS 3

ASTA – Copper components for energy generation and energy transmission

“ASTA has become synonymous with high- quality copper components that are used exclusively for transformers and generators in the high-energy sector.”

KLAUS BORSTNER . Managing Director

4 ASTA - ENERGY TRANSMISSION COMPONENTS

SIMPLIFIED REPRESENTATION OF THE ASTA GROUP

When we founded Montana Tech Components AG in 2006, we committed to positioning “ hidden champions” with a growth strategy for global competition and to develop them into world market leaders in their respective sectors. Montana Tech Components AG has been the proud owner of the ASTA Group since 2012.

MICHAEL TOJNER

Founder and majority shareholder

of Montana Tech Components AG

With around 20% world market share and around 40% market share in Europe, ASTA is among the market leaders in manufacturing com-ponents made of copper for the transformer and generator industry. We want to continue to strengthen this market position and also con-tinue to expand it through targeted investments in research and devel-opment as well as innovations in alternate sectors.

ASTA sees itself as a partner to the world's biggest manufacturers of transformers and generators. We are delighted to consider 90% of our

customers to be regular customers. This is a strong indication of the quality of our products and the reliability of our services.

Besides the head office in Oed, ASTA has locations in India and China. Locations in South America and the USA are to follow in the next few years in order to supply our customers locally in the best pos-sible way with quality products from ASTA.

100% 100% 100%

ASTA AUSTRIA

ASTA INDIA

ASTA CHINA

ASTA GROUP

ASTA - ENERGY TRANSMISSION COMPONENTS 5

ASTA was founded more than 200 years ago and has always been in the copper business. Ever since, ASTA has built up a global reputation as a quality and inno-vation leader in the area of copper supplies for transformers and generators.

Today, we supply the global market from three locations. Our vision is to become the biggest possible part of the constantly changing and growing market for electrical energy. We want to achieve this through developing new markets as well as the further development of our product portfolio and ongoing research and development activities.

All our activities reflect our fundamental principle of "quality first". Numerous patents and long-lasting partnerships with major interna-tional corporations confirm our strategy and enable us to succeed in a niche market.

Besides the further development of our product portfolio, we invest in new locations to move closer to our customers and therefore improve our services constantly.

Our employees are and have always been an essential part of our success, so it’s one of our major concerns to provide them with solid training and education in a secure environment in order to use their competences optimally. This allows us stability in quality and the ongoing development of our know-how.

The requirements of our customers define our tasks for the future; therefore quality, innovation, growth and competence will also be the foundation for the next 200 years.

KLAUS BORSTNER

Managing Director of the ASTA Group

Financial efficiency achieved through a combination of proximity to and understanding of the customer, operating excellence, quality awareness and forward-looking owners. ASTA endeavors to offer all of this and more.

JOSEF HERZOG . Managing Director

8 ASTA - ENERGY TRANSMISSION COMPONENTS

Company Profile

TOP QUALITY FROM AUSTRIA

FOR 200 YEARS

ASTA manufactures high-quality insulated winding material made of copper for use in electrical machinery in the high-energy sector, so-called conductors (CTC) for transformers, and Roebel bars for generators.

ASTA has a top position worldwide in these areas. Round wire is produced at three locations in Austria, India and China at a dimen-sion that is specified by the customer. It is formed accurately down to one hundredth of a millimeter, insulated with special enamel, paper or a netting tape and transposed to CTCs.

PARTNER OF THE WORLD'S BIGGEST MANUFACTURERS

OF TRANSFORMERS AND GENERATORS

Large global enterprises such as ABB, SIEMENS, ALSTOM, SMIT/SGB, and CG-Power, are satisfied repetitive customers of ASTA. The company focusses on quality and not on volume. That way, ASTA is capable of filling individual customer requests promptly and offer-ing customized solutions Due to many years of experience in the production of winding material made of copper and the industrial processes necessary for this, ASTA always finds the best possible solution for its customers.

MORE

INFORMATION

ASTA is market leader in the production of copper components for transformers and generators in the high-energy sector.

— Single and

multi-conductors

— CTC

— Insulated wire

— Stranded wire

— Non-insulated wire

— Roebel bars — Special products

for e-mobility

— Conductors for motors

and starters

— Overhead conductors

BUSINESS UNITS

PRODUCTS

COMPONENTS FOR

TRANSFORMERS

COMPONENTS FOR

GENERATORS

SPECIALPRODUCTS

ASTA - ENERGY TRANSMISSION COMPONENTS 9

ASTA components are produced worldwide in three plants. The head office, including strategic management, is located in Oed, Austria. In order to be closer to customers, two plants were built in the growth markets of Asia: in China in 2005, in India in 2007.

Oed Austria

– Head office

– Production

– Sales

Baoying China

– Production

– Sales

Vadodara India

– Production

– Sales

Locations

10 ASTA - ENERGY TRANSMISSION COMPONENTS

Management

MANAGEMENT OF THE ASTA GROUP:

Klaus BorstnerJosef HerzogFranz DunklHerbert Roth

MANAGEMENT TEAM:

Jerry Chan Managing Director ASTA ChinaErvin Tang Managing Director ASTA ChinaNirmit Jha Managing Director ASTA IndiaThomas Trimmel Marketing & Sales ASTA GlobalPierre Prohaska Quality Assurance ASTA Global

All three locations have highly experienced management teams that have been in their business for many years. We have 500 employees worldwide. Our organization is characterized by open communication and coordination, continuous transfer of know-how, as well as continuous improvement measures in all these factors. All our efforts are aimed at offering our customers the best possible products.

SUPERVISORY BOARD:

Michael TojnerErnst HartliebHerbert FröschlFrank Dieter MaierChristian NeumannMartin OhnebergHerbert Roth

12 ASTA - ENERGY TRANSMISSION COMPONENTS

ASTA – A Story of Innovation:

THE HISTORY OF ASTA

At the end of the 18th century, the Englishman Matthäus Rosthorn opened a metal button factory in Vienna and thereby introduced industrial copper manufacturing in Austria. Within a few years, his company became one of the leaders in all of Europe. Due to the strong demand and related increased production capacities, he had to transfer his operations to Piestingtal in 1814. ASTA was born.

In 1900, the industrialist family Stein took over the company. It produced insulated wires and cables made of copper and alloys and had therefore specialized in supplying the energy market.

From 1920 on, wires and windings for dynamos, motors and trans-formers as well as transmission lines were produced.

After the complete destruction at the end of World War II, the plant was rebuilt by Leopold Stein jun..

In 1970, ASTA was acquired by “Österreichische Kabel- und Draht-werke AG (KDAG)” and was subsequently owned by various com-panies, inter alia VA Tech Group. In 2004, the Malaysian Metrod took over the company and added factories in China and India. Since 2012, ASTA has been owned by Montana Tech Components, which is focusing on a sustainable growth strategy.

The more recent past is also characterized by innovation. In 1973, the first twisted conductor production in Central Europe went into operation in Oed and expanded for large twisted conductor produc-tion one decade later. This made ASTA the only player at the time that was able to twist up to 80 single conductors.

In the middle of the 1980s, ASTA developed a process for automatic production of Roebel bars for generators for energy production, which made ASTA the European-wide market leader in this segment today.

Various other patented developments like the netting tape CTC or Epoxy 2 and 3 contributed significantly to making the pro-duction of electrical energy and its distribution more efficient and environmental-friendly.

We will use our strength and our commitment also in the future for the benefit of our customers to develop customized and innovative solutions together with them, which enable them to succeed in the global markets.

We develop our products together with our customers. This close cooperation has resulted in a wide range of innovations and patents.

2007

1945

1970

1994

2014

2009

2004

1814

2008

2012

1900

1989

1986

2005

1946

Founding ofASTA India

Second World War –the company was completely destroyed

Takeover by KDAG – ELIN – ÖIAG

Netting tape CTC

200 years of ASTA

Commercial productionin the ASTA plant in India

Takeover byMETROD

Founding of “Metallfabrik Oed”(Matthäus von Rosthorn)

Commercial productionin the new plant in China

Montana Tech ComponentsAG takes over ASTA Austria,China and India

Takeover by Leopold STEIN– renaming to ASTA

Takeover by different companiesEEV, T&D Group of VA Tech

Roebel bar manufacturing for generators

Founding of ASTA China

Rebuilding by Leopold STEIN jun.

16 ASTA - ENERGY TRANSMISSION COMPONENTS

Numerous patents have arisen

from the close working relationship

with our customers, for example

the netting tape or the TG continuously

transposed conductors.

The service life of a transformer is

dependent on the quality of the

insulation. Therefore, 80% of the

necessary insulation is applied

in the ASTA plant.

ASTA products are built into the

biggest transformers and genera-

tors worldwide. Examples include

the Three Gorges Dam in China,

the biggest hydroelectric power

station.

ASTA has an approximate 40%

share of the European market and

around 20% world market share.

90% of ASTA customers are

longstanding regular custom-

ers of the company.

About ASTA

Competencies

ASTA PROMOTES

TECHNICAL DEVELOPMENT

ASTA mainly produces continuously transposed conductors (transformers) and Roebel bars (generators) as well as special products by customer request. Today, the efficiency of transform-ers is around 99%. Nevertheless, there are still new ideas that improve the final product even more. The focus on constant fur-ther development in conjunction with the customer creates new quality standards that set standards for the entire industry. Many of the products offered in the world market come from ASTA.

QUALITY -

A QUESTION OF THE INSULATION

What makes a copper wire into a copper wire that is capable of high-performance for generators with a capacity of up to 800 MW? The insulation. ASTA develops special enamels in the in-house lab at the company headquarters in accordance with individual customer requests. The right enamel is decisive for the efficiency of transform-ers, which are capable of supplying electricity to large cities like Vienna.

ASTA - ENERGY TRANSMISSION COMPONENTS 17

Industrial growth strategy

TECHNOLOGY LEADERSHIP AND INCREASING

CUSTOMER BENEFIT

The foremost objective is to maintain and continue to develop our technical superiority in CTC business with innovative quality products. Our electrical components can be integrated in the best possible way in the value creation chain of our buyers and thereby increase the customer's benefit.

VISION

Our long-term objective is to expand market shares through organic growth in our core business and to tap into new growth markets that we currently do not service. In order to secure our successful path in the future as well, we want to establish additional alternate product and customer segments.

Quality, innovation and know-how, represented by the employees, are the most important foundations for a lasting, successful growth strategy.

“In recent years, electrical energy has become a basic need of all economic development. We are well equipped to become an indispensable part of this constantly changing and growing market.”

KLAUS BORSTER . Managing Director

18 ASTA - ENERGY TRANSMISSION COMPONENTS

ASTA is a manufacturer of high-quality winding material for large electrical machinery such as transformers and generators. Starting with continuous cast wire rod, high-precision flat conductors are produced in bare wire manufacturing. After insulating the single conductors, they are finished further into continuously trans-posed conductors, Roebel bars, single and multiple conductors with a great variety of insulation systems.

Finishing Steps

High-quality copper cont-inuous cast wire rod is the beginning of the manufactu-ring process.

The copper wire is pre-drawn round and then rolled into high-precision flat wires in accordance with the respective customer specification.

Insulation of the copper wire is a core process. The insu-lation determines the service life of the final product to a great extent.

Enamel insulation systems are further developed either in-house or together with the suppliers.

Compactness, dimensional accuracy and easy winding of the bundle of conductors are the most important criteria in the production of CTCs.

ASTA's own CTC head allows transposing for ext-reme dimensions and short transposing lengths.

ASTA also offers suitable insulation systems for the greatest variety of applications.

Besides enamel, ASTA also offers insulation with special paper, films, continuous glass yarn or a combination of them.

Quality is at the center of the manufacturing process. Here quality stands not only for the product quality, but also the quality of all processes.

All processes are subject to constant quality control.ASTA has the latest inspection and measuring equipment.

OTHER INSULATION SYSTEMS

QUALITYASSURANCE

BARE WIREMANUFACTURING

ENAMEL INSULATION TRANSPOSING

ASTA - ENERGY TRANSMISSION COMPONENTS 19

CTC MACHINE

IN ACTION

20 ASTA - ENERGY TRANSMISSION COMPONENTS

Products

CTCs for power transformers

for all applications.

ASTA products are used worldwide in transformers and generators and guarantee functionality, a long service life and first-class quality.

For transformers: CONTINUOUSLY TRANSPOSED CONDUCTORS AND MULTIPLE CONDUCTORS (CTC)

ASTA - ENERGY TRANSMISSION COMPONENTS 21

Special products:

FOR EXTREME CASES

ASTA can offer cooling duct CTSs

with built-in cooling ducts.

For generators: ROEBEL BARS

MECHANICALLY PRODUCED

ROEBEL BARS are a guarantee of

quality, precision and cost reduction.

22 ASTA - ENERGY TRANSMISSION COMPONENTS

POWER GENERATION

Power generators

POWER TRANSMISSION

& DISTRIBUTION

Power transformers

POWER TRANSMISSION &

DISTRIBUTION

Machine transformers (GSU)

Areas of Application

ASTA PRODUCTS ARE

DIVERSE AND OMNIPRESENT

Starting with energy generation, ASTA Roebel bars are used for generator windings.

Transformers of the medium to high performance classes are equipped with ASTA continuously transposed conductors for energy transmission over long distances.

Other applications for ASTA components are, for example, industrial and traction transformers, large motors for paper machines and pumping systems and wind power generators.

ASTA - ENERGY TRANSMISSION COMPONENTS 23

INFRASTRUCTURE

Locomotive transformers, line feeders

POWER TRANSMISSION & DISTRIBUTION

Power transformers

24 ASTA - ENERGY TRANSMISSION COMPONENTS

26 ASTA - ENERGY TRANSMISSION COMPONENTS

The ASTA Group has belonged to Montana Tech Components AG as part of the Industrial Components division since 2012. Their associated companies are world and/or technology leaders in their niche markets.

Montana Tech Components GmbHMariahilfer Strasse 1/Getreidemarkt 17A-1060 Vienna, AustriaTel: +43 1 961 0692 / Fax: +43 1 961 0832www.montanatechcomponents.comoffice@montanatechcomponents.com

Montana Tech Components AGAlte Aarauerstrasse 11CH-5734 Reinach, SwitzerlandTel: +41 62 765 2500 / Fax: + 41 62 765 2510office@montanatechcomponents.comwww.montanatechcomponents.com

Montana Tech Components

UAC AND ALU MENZIKEN

EXTRUSION

The companies in the Mon- tana Aerospace Components division are leading manufac-turers of aluminum profiles and ready-to-install compo-nents for the aerospace and other industries worldwide.

ALPINE METAL TECH

In the Montana Metal Tech division, Alpine Metal Tech is a world market leader in the field of product identification and special machinery for the metallurgical industry and aluminum wheel production. It is known worldwide as a full-liner for engineering, manufac-turing, sales, and service.

INDUSTRIAL COMPONENTS

Utilizing the industrial exper-tise of the Montana Group, Industrial Components de-velops and pools the resources of industrial companies with potential. It provides strategic support and investments in innovative products, sales, and R&D to promote these com-panies’ growth and support their market positions.

VARTA AG

VARTA AG and its affiliates VA RTA M i c r o b a t t e r y, VARTA Storage and VW- VM Forschungsgesellschaft mbH & Co. KG produce microbatteries for e lec-tronic industry and medical t echnology and pursue growth-oriented projects in the fields of e-mobility and energy storage systems.

UP TO 80 SINGLE CONDUCTORS CAN BE TWISTED IN LARGE

CONTINUOUSLY TRANSPOSED CONDUCTORS. ASTA'S OWN

CTC HEAD ALLOWS TRANSPOSING FOR EXTREME DIMEN-

SIONS AND SHORT TRANSPOSING LENGTHS.

CONTACT

AUSTRIA

ASTA ELEKTRODRAHT GmbHA-2755 Oed / Bezirk Vienna NeustadtAustrriaTel.: +43 (0) 2632 700Fax.: +43 (0) 2632 72512

Reg No: FN 107238dLG Vienna NeustadtDVR No: [email protected]

CHINA

ASTA CONDUCTORS CO. LTDNo. 62 Taishan Road, Baoying,Jiangsu Province,P.R. China 225800www.asta-china.com

INDIA

ASTA INDIA PRIVATE LIMITEDPlot No. 725 GIDC Manjusar, Tal. SavliDist. Vadodara - 391 775 GujaratIndia www.asta.in