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WELCOME TO SP GROUPSurface and Plastic solutions

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Being our customers’ preferredsupplier of advanced plastic and coating solutions

Vision

Being an innovative, reliableand competitive partner for our customers

Mission

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SP Group in brief

83 countries

Average number of employees increasedin 2018 from 1,852 to

1,994 committedemployees

Subsidiaries in

11 countries on4 continents

establishedin 1972

Headquarters in Denmark Products are marketed and sold in

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Group overview

We act as an innovative, reliable and competitive

partner for our customers

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SP Group’s global presence

Sales and production

• Denmark (10)

• Poland (6)

• China (2)

• Brazil (1)

• US (2)

• Latvia (1)

• Slovakia (2)

• Sweden (1)

Sales and distribution

• Netherlands (1)

• Sweden (3)

• Canada (1)

• Norway (1)

Percentage distribution is based on 2018 Accounts

38%

12%

10%

38%

1%

1%

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Acquisitions since 2014

Our strategy has been to make acquisition, when we can create additional value by applying our capabilities

This is especially true when the acquisition’s capabilities can improve our existing business or create new platforms for growth

Skumplast

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Highlights 2018 / 1

In 2018, revenue increased by 4.3% to

DKK 1,965m

In 2018, revenue from own brands increased by 10.9% to

DKK 452m

In 2018, EBITDA increased by 3.9% to

DKK 286m

In 2018, EPS, diluted, increased to

23.5%

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Highlights 2018 / 2

In 2018, Profit before tax increased by 13.9% to DKK 200.1m

DKKm

03570105140175210

2014 2015 2016 2017 2018

In 2018, EPS, diluted, increased by 23.5% to DKK 14.10

DKK

02,55

7,510

12,515

2014 2015 2016 2017 2018

End december 2018, net interest-bearing debt(NIBD) increased DKK 68m to DKK 577m

DKKm

0125250375500625750

2014 2015 2016 2017 2018

In 2018, equity increased by DKK 82 mio. to DKK 620m

DKKm

0125250375500625750

2014 2015 2016 2017 2018

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Revenue by customer groups 2018

HEALTHCARE(Medico, Ergonomics)

30%

34%CLEANTECH

15%FOOD-RELATED

16%OTHERS

5%AUTOMOTIVE

As of 31 December 2018:

• A total of more than 1,000 customers

• The largest customer accounts for 18% (2017: 18%)

• The 10 largest customers account for 51% (2017: 52%)

• The 20 largest customers account for 61% (2017: 61%)

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Quality controlCompany Site ISO 9001 ISO 14001 ISO 18000 Others

Gibo Skjern, DK X X X IATF 16949 planned

Zdunska Vola, PL X X X DIN 6701

Plexx Opido Sweden X X

SP Moulding Juelsminde, DK X X

Stoholm, DK X X IAFT 16949

Sieradz, PL X X

Suzhou, CN X X X

SP Medical Karise, DK X ISO 13485 and ISO 45001

Zdunska Wola, PL X ISO 13485 and ISO 45001

Brdr. Bourghardt Liepaja, LV X X

Tinby Søndersø, DK X X X

Sieradz and Zdunska Vola, PL X X X

Suzhou, CN X X

Accoat Kvistgård, DK X X

São Paolo, Brazil Customer audit

Poland ISO 9001 planned

Ulstrup Plast Lynge, DK X

Pobedim, SK X X

MedicoPack Langeskov, DK X ISO 13485, ISO 50001 and ISO 15378

MM Composite Ejby and Nr. Aaby (DK)

The US

X

X

X

X

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Accoat develops and produces environmentally-friendly technical solutions involving fluoroplastics(Teflon®), PTFE and other pure materials for industrialand medical purposes

Materials

• Fluoroplastic coatings (Teflon®)

• PTFE

• Other precious metals

Items

• Small to very large (from very small syringesto large tank facilities)

• Plastic parts

• Metal parts

Locations

• Kvistgård, Denmark

• Sieradz, Poland

• São Paulo, Brazil

Surface solutions

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Production technologies

Plastic solutions

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SP Moulding delivers solutions in technical plastic

to numerous leadingcompanies in different

industries

Production facilities in:

• Denmark (2 factories), Poland and China

More than 400 machines

1K, 2K and 3K machines25-1500T machines

Injection moulding

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Injection moulding

In total more than 400 injectionmoulding machines

Ranging from 25T to 1300T

SP Medical produces for customersin the medical device industry,

including finished articles such as medical guidewires. The

production takes place in cleanrooms

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Injection moulding

Ulstrup Plast is a leadingplayer in injection moulding– excels in the production of high-quality plastics and moulds

113 machines with a closing pressure in range 25 tons to 550 tons whichallows for a shot weight ranging from 1 g to 1500 g

Production facilities in:

• Denmark and Slovakia

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Blow moulding

MedicoPack is a blow-mouldingcompany. Offering expertsolutions for primary packagingand medical devices

Supplier to global pharmaceuticalcompanies and hospitals

Production facilities in:

• Denmark

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Ergomat develops and sellsergonomic solutions under ownbrands, especially Ergomat® mats and DuraStripe® striping tape for corporate customers worldwide

Ergomat has sales companies in Europe and North America

The products are manufacturedin Poland and USA

Ergonomic solutions

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Tinby is a manufacturing company (Denmark, Poland, USA and China)

Tinby develops and manufactures polyurethane solutions to a wide range of industries

Polyurethane Flexible PUR Solid PUR Foamed PUR

• Reaction Injection Moulding(RIM)

• Thermoset plastic

• Mix of 2 liquids, non-reversible process

• High tensile strength and abrasion strength combinedwith softness

• Foamed/non-foamed

• Hard material with excellent shock

• High stiffness combinedwith low weight

• High insulation value

Polyurethane

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Tinby Skumplast is a manufacturerof PUR and PIR foamed products

The customers are mainly the building industry with a great demand for high insulating properties in plates and profiles for e.g. walls and floors in buildings and further customers in the food-relatedindustry demanding insulating of cold storagewarehouses and transportation equipment (reefers)

Polyurethane

2020

TPI Polytechniek

TPI Polytechniek develops and sellsconcepts for ventilation of industrialbuildings as well as poultry and pig houses, primarily products under itsown brand, TPI

The products are manufactured by Tinby in Poland

Global sales are handled from the Netherlands.

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Reaction Injection Moulding

Bröderna Bourghardt is specialised in composite processes – composite and manuel lamination and uses modernvarnishing methods

Scandinavia’s leading manufacturer of Telene®

products

Sales and technical development office is locatedin Sweden. Production facility in Latvia

Focus on complex large plastic components:

• Painted exterior body panels

• Sound absorbers for engine rooms

• Prepreg

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MM Composite develops and sellscomposite products of high qualityto the cleantech and otherindustries

Production in all types of resin, fibreglass and carbon fibre.

Production and delivery globally from production sites in:

• Nr. Aaby and Ejby, DK, and Mt. Pleasant, Iowa, USA

Composite

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Gibo develops, designs and manufactures vacuum formedplastic components

Products:

• Refrigerator inliners

• Buses and car components

• Cabinets

• Medical devices

• Windows

• Covers

• Windmill components

Processes:

• Traditional

• Twin sheet

• High pressure

• CNC Milling

• 3D scanning

Production sites in Denmark and Poland

Sales office in the USA

Vacuum forming and Extrusion

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Vacuum forming

Plexx Opido is a vacuumforming company with competences within ORS

•Sales office in Norway and Poland

•Production activities in Sweden

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SP Extrusion is an expert in extrusion of recycled and new plastic materials

Production range from tiny straws of 0.09g to large components of 500 mm in width

Expert in plastic production with recycledmaterial

Extrusion

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Nycopac develops, designs and sells packaging solutions for industrial component transportation primarily in plastic, both in the form of standard products and customized solutions

Vacuum forming

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SP Groups value creation

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Further information:

Frank Gad, Chief Executive OfficerSP Group A/S

Phone: +45 7023 2379 / +45 3042 1460

E-mail: fg@sp-group.dk

www.sp-group.dk