Investor Presentation

1. 25.10.2012 Paris Investor Presentation

2. SAFE HARBOR STATEMENT Certain statements in this slide show, including those addressing the Company’s beliefs, plans, objectives, estimates or expectations of possible future results or events, are forward-looking statements. They are based on the assumptions, beliefs and expectations of our management team as of the date this slide show was prepared. Forward-looking statements involve known or unknown risks, including general economic and business conditions, and conditions in the industry we operate. Forward-looking statements may also be affected if our assumptions turn out to be inaccurate. Consequently, no forward-looking statement can be guaranteed and actual future results, performance, or achievements may vary materially from those expressed or implied by such forward-looking statements. For additional information concerning other factors that may affect the Company’s current and future business, results of operations and financial condition, we suggest you review the Company’s filings with BorsaItaliana. The Company undertakes no obligation to update the forward-looking statements to reflect events or circumstances that may arise after the date hereof.

3. CONTENTS • Business Overview • Financial Results • Future Strategy • Stock Data and Shareholding Structure • Q&A and Contact

4. Business Overview

5. BUSINESS OVERVIEW GEFRAN SUPPLIES automationcomponents and systemstomanufacturersof industrial machinery on a global basis. Itoperates 100% in the capital goods, B2B segment. GEFRAN Industrial machinemanufacturers Cons/Indgoodsmanufacturers End-users Motion control of CC and AC motors Drives Measurement of process variables Sensors Hardware & Software for indication and control of process variables Automationcomponents 5

6. BUSINESS OVERVIEW THREE PRODUCT FAMILIES Product Family Drives Sensors Automation Components Product Types Inverter, Servo drive, DC Converter, PV inverter. Industrial PC, PLC, Remote I/O, HMI, Controllers and Indicators, SSR, Software. Pressure, Position, Temperature, Force. IndustriesServed Metal, plastics, wood, glass, packaging … HVAC, elevators, escalators, photovoltaic… Mobile hydraulic, solar, test benches, textile … Heat treatment… Competitive Position Global leader in elevators and escalator solutions. Technology leader thanks to design and production of key elements. Italian leader in automation solution for plastic OEMs. High level of customization. Share in Turnover* 46% 29% 25% Italy 37% Eu 17% America 9% Asia 36% Italy 25% Eu 36% America 19% Asia 19% Italy 50% Eu 27% America 11% Asia 11% % turnover per geographical area * 1st H 2012

7. BUSINESS OVERVIEW Drivesregulate the motion of CC and AC motors. Having generated 46%* of revenues, Drives is the largest product family for Gefran. Inverter Lift Servo Digital DC AC inverters PV Inverter Gefrandriveshave 3 major markets: 1 Industrial applications are where Gefran products are utilized by industrial business partners to produce machines that work on metals, plastics, paper…etc. Within the course of 2011, Gefran developed specific products to be used also in water treatment and HVAC industries. Competitive Landscape Global market for Drives is estimated to be as big as €1.6 bn*, and the top 3 players, namely Rockwell, Siemens and ABB, together account for an estimated 30%* of the market. Gefran, with a market share of less than 1% is among the niche and focalized players. 2 Gefran products for the elevators and escalators segment are continuously developed in line with technological changes and safety solutions. 3 Gefran PV inverters that are so far utilized in the local/Italian photovoltaic industry will be marketed to new markets such as South Africa, USA and India as well as other European and Middle Eastern countries. In the elevators and escalator solutions segment, Gefran is a global leader. * 1st H 2012

8. BUSINESS OVERVIEW Sensorsare devices for the measurement of process variables like pressure, position, temperature and force. Gefran sensors are used in a variety of industries like wood, plastic, mobile hydraulic, metal, solar, test benches and textile. Pressure transducer Linear position sensor Melt pressure sensor Temperature sensors Loadcells Competitive Landscape Having generated 29% of revenues*, Sensors is the second largest product family for Gefran. Global sensors business is composed of only small sized niche players just like Gefran. Thanks to in-house design and production of key elements, Gefran is a technology leader in this segment. * 1st H 2012

9. BUSINESS OVERVIEW Automationcomponentsare hardwares and softwares for indication and regulation of process variables. Gefran offers its clients the ability of combining HW and SW devices, developing application technologies, and a high level of customization. Industrial PC Operating panels Software PLC Remote I/O Indicators Controllers Competitive Landscape Similar to the Drives, Automation Components business employs large multinational players who dominate the segment. In addition, there are small niche players with a size similar to Gefran’s. Having generated 23% of revenues* Automation components is the third largest product family for Gefran. Gefran’s competitive advantage is its high level of customization as well as full-service coverage to clients. * 1st H 2012

10. BUSINESS OVERVIEW AN INTEGRATED BUSINESS PARTNER  873 employees worldwide (including administrative staff) of which: 444 90 Adm. Staff Marketing Sales/Distribution R&D Production 90 249 • Gefran has 50 years of know-how in industrial automation • It develops its proprietary technology for the key steps of design and manufacturing • It has technical and technological cooperationswith global industry leaders • And it has a uniquely complete product line for industry control.

11. BUSINESS OVERVIEW Stock Data and Shareholding Structure R&D - TECHNOLOGY DEVELOPMENT As the technological evolution of its products is an important factor for potential future growth, Gefran typically invests around 5% of its turnover to R&D activities which are concentrated mainly in Italy in company laboratories located in Provagliod’Iseo and Gerenzano. Around 10% of the total workforce is dedicated to R&D activities.

12. BUSINESS OVERVIEW PRODUCING IN 4 DIFFERENT CONTINENTS Gefran has 4 production plants in Italy where it produces the full product mix (drives, sensors and automation components), which are then exported on a global basis. In addition, the group has four more production sites in different parts of the world: USA (produces sensors), Brazil (produces automation components), China (produces sensors and drives), and Germany (produces drives). GEFRAN SpA Italy Gefran China During 2008-2011 (4years), Gefran invested a total of around €40 mn, €11 mn of which was invested in 2011, and a major part of these investments were to increase the production capacities, renew the machinery and production sites. Gefran USA Gefran Germany Gefran Brasil Production Site

13. BUSINESS OVERVIEW MARKETING, DISTRIBUTION & SALES Gefran has direct presence in 13 different countries (including the representative office in Taiwan) via its own subsidiaries. In addition, the Company sells its products via 65 distributors (in 52 different countries) with whom Gefran established stable and long-term relations. GEFRAN SpA Italy Gefran UK Gefran Belgium Gefran Germany Gefran USA Gefran China Having recently completed its investments in capacity, Gefran now targets to focus investments in marketing and distribution. Gefran France Gefran Switzerland Gefran Taiwan Gefran Spain Gefran Brasil Gefran India Gefran Singapore Commercial Site/Subsidiary

14. BUSINESS OVERVIEW CAPEX 18.925 11.275 6.299 5.654 4.333

15. BUSINESS OVERVIEW 10-YEAR REVENUE EVOLUTION EconomicCrisis Back toGrowth Growth (CAGR of 7.5% b/w ‘01 and ‘11) Gefran reached record-high revenues of €139 mn in FY2011 * 1st H 2012

16. BUSINESS OVERVIEW GEOGRAPHICAL REVENUE BREAKDOWN 65% of revenues are generated outside Italy

17. Financial Results

18. FINANCIAL RESULTS 1° H 2012 PROFIT & LOSS Revenues stable: Q2 2012 up 9,2% on same period 2011 Q1 2012 - 11,2% While Italy shows a stable turnover, North America increase by double figure (+18,1%) and EU by 2,3%. Asia declines by -7,2% although is recovering in Q2 (+8,4%). The drop in EBITDA was due to the mix of product sold and the increase in sales efforts which brings more operative costs.

19. FINANCIAL RESULTS REVENUES AND MARGINS BREAKDOWN • Drives: revenues unchanged, but in the geography the situation is much differentiated: very good results in US, India, CH.; slowdown in Asia. In Italy the growth (+8%) comes from the PV market, where the pressure on prices push down the marginality. • Sensors: Sales in India, France, Germany and North America increased significantly yoy, whereas the Asian market contracted due mainly to the slow-down in the plastic machinery segment, and Italy signes a -11%. The Asian market show important recovery in the 2nd quarter, +68% vs 1st quarter. • Automation Components: Sales in both Germany and North America increased yoy whereas Italy and the Asian markets contracted. Overall turnover increased by 4% yoy thanks to intercompany sales especially to the PV drive segment. * IncludingIntercompanies ** ExcludingIntercompanies

20. FINANCIAL RESULTS BALANCE SHEET The NWC is stable with an improvement in inventory level As at 30 June 2012, part of the increase in short‐term net indebtedness (€6,056 thousand) represent the reclassification from medium/long‐term to short‐term.

21. FINANCIAL RESULTS NET FINANCIAL POSITION AT THE END OF JUNE 2012

22. FINANCIAL RESULTS CASH FLOW

23. Q&A and Contact Future Strategy

24. FUTURE STRATEGY • Global economic outlook is unclear and weakening: • Europe debt challenges positively progressing toward a solution, but in the short term mainly through tax increase, that are reducing consumer spending and finally investments • US economy still good, November Presidential Elections is an uncertainty factor • China government succession is still unclear • Developing Countries economy are slowing down as export to western world reduced • Global economic uncertainty gives limited visibility and companies are “pulling back on the reins” of industrial investments • Not a deep recession but a slowdown, very likely, for the whole 1H 13 • The gaps across Geographies will stay: weaker Southern Europe, vs stronger Northern Europe and US and China • Gefran has heavily invested in 2011/2012 in manufacturing assets, new products and additional sales resources, in order to gain market shares and to address new markets. • First successes are giving confidence and offsetting part of the slow down effect due to Macroeconomic situation • Costs of such initiatives are in the short term reducing EBIT levels • Assuming a progressive macroeconomy recovery from 2H13, Gefran will be well positioned to catch growing sales opportunity and to improve EBIT. In the short term, Gefran is striving to maintain 2012 turnover at same level of 2011, with a slightly positive EBIT.

25. Stock Data and Shareholding Structure

26. STOCK DATA AND SHAREHOLDING STRUCTURE STOCK PRICE & SHAREHOLDING STRUCTURE FFTSE Mib Gefran Gefran’s Dividend History

27. CONTACT Giovanna Franceschetti Investor Relations Director Via Sebina, 74 - 25050 Provaglio d’Iseo (BS) Italy Tel. +39 030 98 88 237 - Fax +39 030 9839063 Email: giovanna.franceschetti@gefran.com www.gefran.com