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COMPANY PRESENTATION San Bonifacio, february 2010

COMPANY PRESENTATION San Bonifacio, february 2010. FERROLI GROUP IS LEADING THE WAVE. Competition perspectives and trends. From conventional heating technology to more efficient condensing technology From fossil fuels to renewable energies

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COMPANY PRESENTATION San Bonifacio, february 2010

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  1. COMPANY PRESENTATION San Bonifacio, february 2010

  2. FERROLI GROUP IS LEADING THE WAVE Competition perspectives and trends • From conventional heating technology to more efficient condensing technology • From fossil fuels to renewable energies • From specialist manufacturer to complete systems supplier: everything from a single source  “ONE STOP SHOP” approach • From local/ regional to global presence

  3. Ferroli group: 50 years specialist in HVAC • FER: the “one-stop-shop” solution in Heating and A/C

  4. Ferroli Group snapshot Half a century as a specialist in HVAC T/O 613 euro mln in 2008 2 key sectors Heating – Air Conditioning 4 product divisions Domestic Heating, Industrial Heating, Domestic Air Cond, Industrial Air Cond, 12 production units More than 3.000 employees A real international player More than two thirds is export business New factories in Turkey and Poland to be where the market is

  5. 1955 San Bonifacio – Verona “500 natural gas fuelled boilers for council housing in Verona as the first major order” ‘90 ‘80 ‘70 ‘60 From 1955 in San Bonifacio… 2010 International reach A mix of: sound technical foundation; high quality; desire for growth; focus on customers; sound financial mgmt; focused and smart acquisitions. • “Top market leader with: • More than 500.000 boilers capacity • more than 1.800.000 Electrical water heaters capacity • more than 20.000.000 aluminium radiators capacity”

  6. … the story goes on Internationalisation and growth path 1990 2007 2004 2006 1955 1960 1970 2000 2002 2001 Lamborghini (España) Rapido Wärmetechnik (Germany) Ferroli UK Ferroli France Ferroli Romania Cointra (Spain) Eurotherm Ferroli Quing Dao (China) FERROLI S.P.A. Starclima (Italy) Ferroli España Bealich (China) ISEA (Italy) Lamborghini Calor Ferroli Isitma (Turchia) Cola (Italy) Finterm/Joannes Ferroli Industrie (Germany) Agpo (Holland) IMA Calore Clima (France) Magnetic Ferroli Poland

  7. BRAND PORTFOLIO

  8. Sosnowiec Düzce International presence in 2010…… EUROPE Far East MOSCOW* QUINGDAO BIRMINGHAM BREDA VIERSEN ZORY GUANGDONG KIEV* ALANO BUCAREST LIONE S.BONIFACIO DOSSO Vietnam Zagreb BURGOS BURGOS CASOLE Valencia MADRID ISTANBUL Industrial Commercial (*) Kiev, Moscow and Zagreb are Rep. Offices.

  9. Invest to grow: the 2 new industrial projects INDUSTRIAL FACILITY IN POLAND LOCATION SOSNOWIEC Industrial Area (Katowice) TOTAL SURFACE64 450 sqms PLANT SURFACE30 000 sqms PRODUCTION ALUMINIUM RADIATORS INDUSTRIAL FACILITY IN TURKEY LOCATION Düzce Industrial Area TOTAL SURFACE65,114sqms PLANT SURFACE35 000 sqms PRODUCTION STEEL PANEL RADS AND TOWEL RAILS

  10. Key figures – Turnover ’08 breakdown By geographical area

  11. Key figures – Turnover ’08 breakdown By product division

  12. PRODUCTION PROCESS A fully integrated plant A key differentiating plus vs competition

  13. Ferroli group: 50 years specialist in HVAC • FER: the “one-stop-shop” solution in Heating and A/C

  14. A complete and wide offer for HVAC FERROLI GROUP OFFERS ATTRACTIVE AND COMPLETE SOLUTIONS FOR EVERY BUILDING AND EVERY “COMFORT” NEEDS

  15. Residential Heating

  16. WALL HUNG CONDENSING BOILERS RESIDENTIAL 4 stars efficiency, up to 109% Nox emissions < 35 mg/kWh, half than class 5 Ceramical burner with reverse microflame for clean combustion patented aluminium CH exchanger Full integration with solar circuit Fersystem PW Fersystem TOP STRATIFICATION TECHNOLOGY Fersystem Tech

  17. 180 LITERS STRATIFICATION TANK WITH SOLAR COIL; THERMOSTATIC VALVE ON OUTLET • ELECTRONIC BOARD AND HYDRAULIC MANIFOLD FOR MANAGING OF: • 1 DIRECT CH ZONE • 1 MIXED CH ZONE • WITH OUTDOOR TEMPERATURE COMPENSATION • READY FOR SOLAR INTEGRATION • WHAT DO YOU NEED EXTRA? • SOLAR COLLECTOR • SOLAR PROBE • CONNECTING PIPES SOLAR PCB & HYDRAULIC MANIFOLD ALREADY INCLUDED FLOOR STANDING CONDENSING BOILERS RESIDENTIAL FERSYSTEM SOLAR PW: a “plug and heat” solution for multi-zone heating and solar assisted DHW production                                

  18. WALL HUNG CONDENSING BOILERS PROFESSIONAL BOILERS CAN WORK ALONE OR IN CASCADE WITHOUT NEED OF ADDITIONAL CONTROLLER, THROUGH SIMPLE WIRING CONNECTIONS. Fertekna W 80 -125 Fersystem 51 A

  19. ALSO FOR OUTDOOR INSTALLATION AUTOMATIC CASCADE OPERATION UNTILL 1137 KW (80/60° C) FLOOR STANDING CONDENSING BOILERS PROFESSIONAL FOR SINGLE OR MODULAR INSTALLATION Fertekna B 80 - 125 - 160 - 250 Fersystem101 Top output modulation

  20. TOP PROJECT TECH Ferdigit Micro INSTANTANEOUS WITH PLATE EXCHANGER Ferdigit micro LN Ferdigit H ONLY HEATING Ferdigit PW DYNAMIC STORAGE Fereasy D Easytech HI-PERFORMANCES INSTANTANEOUS BITHERMAL INSTANTANEOUS BITHERMAL Ferdigit 60 STAINLESS STEEL DHW TANK TRADITIONAL WALL HUNG BOILERS NEW FAMILY LINE APPROACH “full optional” electronic

  21. GAS FLOOR STANDING BOILERS CAST IRON DISPLAY INTERFACE Seven D REMOTE CONTROL & OUTDOOR PROBE LOW NOX VERSION AVAILABLE 2 OR 3 STARS EFFICIENCY Seven D K 130

  22. GAS FLOOR STANDING BOILERS CAST IRON OUTPUT FROM 56 TO 289 KW 2 STAGES OPERATION (EXCEPT 56 KW) Seven LN POSSIBLE CERTIFIED CASCADE OPERATION THROUGH ADDITIONAL CONTROLLER 013015X0

  23. CAST IRON G3G G3G D ATLAS D analogue digital INTERFACE with buttons with knobs CONTROL PANEL EFFICIENCY FLOOR STANDING BOILERS FOR JET BURNERS D

  24. FLOOR STANDING BOILERS FOR JET BURNERS CAST IRON CENTRAL HEATING + ISTANT. DHW G3G D 32 SI UNIT WITH OIL BURNER (THERMAL GROUP) CENTRAL HEATING + DHW TANK G3G D 32 K 100 UNIT 3 STARS EFFICIENCY NO BURNER WITH TANK FOR DHW G3G D 32 K 100

  25. 0 100 200 300 400 500 600 700 OUTPUT IN KW GGN 2 N GGN 4 N FLOOR STANDING BOILERS FOR JET BURNERS CAST IRON CAST IRON GGN2 N GGN4 N Perfect matching with FER gas or oil burners

  26. SOLID FUEL BOILERS CAST IRON + GFG 3, 4 PELLET BURNER GFG WOOD 19 – 50 KW • GFG is a solid fuel high efficiency boiler, operating with wood, coke and convertible to pellet. • MIKRO P7 is an optional pellet burner, with elecronic controller and output modulation on 5 steps COKE 21 – 63 KW PELLET 22 – 30 KW (optional)

  27. STEEL BOILERS MARK RS QUADRA SERIES MARK RH TONDA SERIES Increased efficiency with ECOPREX ECONOMISER

  28. STORAGE TANKS 100 to 500 ltrs. Indirect Cylinders WHEB range double coil tank-in-tank multi-source BOILER THIRD SOURCE SOLAR SAMPLE SCHEME WITH MULTI-SOURCE TANK

  29. GAS INST. WATER HEATERS OTHER MODELS Benny Natural draught • Electronic range • 5, 11 l/min • Natural draught • instantaneous battery run igniton • modulating gas valve • soft start ignition • Flue draugh safety control FERRY Forced flue ROLLY

  30. JET BURNERS Complete range of gas (M series) and oil (G series) burners A perfect match with FER FSB range Mikro G, single-stage oil burners 6 models available with Outputs from 21 to 237 kW Mikro G, two-stage oil burners 5 models available with Outputs from 47 to 948 kW Mikro M, progressive and modulating Two-stage gas burners; 7 models available with Outputs from 15 to 875 kW

  31. C O OCG DUSTS EN 303 EN 303 EN 303 GFG + MIKRO P7 REACHES VERY LOW POLLUTING VALUES, MUCH BELOW CLASS 3 EN 303-5 PELLET BURNER • JET PELLET BURNER, WITH ONE STAGE OPERATION OR MODULATING ON 5 OUTPUT STEPS • ELECTRONIC INTERFACE FOR COMPLETE CUSTOMISATION OF BURNER OPERATION • CONSISTS IN BURNER + MOTOR + SCREW • OPTIONAL PELLET HOLDING TANK

  32. METERING UNITS Metering units for district heating, with heating/cooling temperature regulation, without DHW production One metering / distribution cassette for each flat. Dado Hot water is supplied by district heating or collective boiler Dado kombi AVAILABLE ALSO WITH INTERNAL INSTANTANEOUS DHW PRODUCTION

  33. ZONING MANIFOLD • Zoning manifold, with hydraulic separator and customisable layout for handling of max 3 CH zones. • Fully integrated system, connectable to modulating mixing valves, remote control and one unique outdoor probe per system, but with individual flow temperature compensation for each zone Dado zone INTEGRATED SYSTEM through opentherm ! ! !

  34. ALUMINIUM RADIATORS 4 CHOICES POL. CONVECTIVE - 3 HOLES DIE-CAST KLIMTHERM N CONVECTIVE - 2 HOLES EXTRUDED KLIMIA N PLAIN SURFACE TERM

  35. ELECTRIC RADIATORS Die cast aluminium MARE’ FUNCTIONS JAZZ WALLIS

  36. STEEL RADIATORS 4 or 6 connections 5 types: 11, 20, 21, 22, 33 6 heights: 300, 400, 500, 600, 700, 900 21 lenghts between 400 – 3000 mm Removable top grill and side panels Quality finishing and packaging

  37. CAST IRON RADIATORS MANUFACTURED IN SAN BONIFACIO’S FOUNDRY, CERTIFIED ACCORDING TO AD 2000 - MERKBLATT KLIM.BI

  38. URANO Big tubes and narrow step MARTE 25 mm diameter rails GIOVE Small tubes and wider step TOWEL RAILS EXECUTIONS PROFILE FINISHING WHITE STRAIGHT CURVED CHROME

  39. SOLAR SYSTEMS controllers Hydraulic manifold Ecotube Complete compact system tanks Ecotech commissioning

  40. SOLAR SYSTEMS • extraordinary ratio of useful vs gross area • absorber’s high selective coating • prismatic 4 mm high transparent glass • easy installation with quick clamps ECOTOP VF ALSO FOR ROOF ECOTOP HF EMBEDDED INSTALLATION

  41. A complete offer: HEAT PUMPS ELECTRONIC CONTROLLER CAN MANAGE ALL THE COMPONENTS IN THE PLANT, IN ORDER TO CREATE A FULLY INTEGRATED SYSTEM

  42. SOME KEY REFERENCES

  43. SOME KEY REFERENCES

  44. San Bonifacio HQ Facilities Wharehouse & stoves production line 50 years of engineering excellence

  45. www.industiefer.it Internally available on \\Srvshare\DATIBK\Prev_Exp\Presentazioni\Presentazioni aziendali

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