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2 Within heat exchange, we are lead suppliers for OEMs and other technology-savvy clients, leveraging on our proven R&D capabilities, technological know-how and flexible production lines. We focus on small and medium scale specialized projects, in the fields of vehicle, industrial, power generation, railway, marine, extractive and defence industries, among other heat exchange applications. Water radiators Intercoolers Oil coolers Cooling systems Heating radiators Metal parts & welded structures

We are specialized suppliers of heat exchange solutions: Based on 80+ years of industrial experience and on our technological know-how, we design and develop customized solutions according to

For those customers who do not have a sufficiently strong technical background for new product development in the field of heat exchangers we assume an expert supplier role.

3 We are specialized suppliers of heat exchange solutions: Based on 80+ years of industrial experience and on our technological know-how, we design and develop customized solutions according to customer requests: For clients within automotive, marine power generation and railway, among other industries, we play the role of R&D (and production) partner. For those customers who do not have a sufficiently strong technical background for new product development in the field of heat exchangers we assume an expert supplier role. On your request our qualified engineers may evaluate and recommend cost-effective solutions to improve your operations. We are technologically strong : Our production technology allows us to develop complex, integrated cooling systems and metal structures In the last three years we have invested more than 6 mil in production facilities and production technology. We have 19 registered patents for various product and process innovations in the field of heat exchange We are quality-oriented: We are ISO 9001:2008 and ISO TS 16949:2002 certified. On the way ISO cerfifcation (March 2010)

Company facts & figures Property: 100% private company

technical & financial staff: 35 Production facilities:

4 Company facts & figures Property: 100% private company since 1995 Main shareholders: S.I.F. TRANSILVANIA Brasov : 76,51% STIMA ENGINEERING Italy : 17,45% Others : 6,04% Number of employees: 186 Number of technical & financial staff: 35 Production facilities: Total area =17,343 sqm Under roof area = sqm Location: Brasov, Zizinului Street 113 A, ROMANIA

5 Timeline For more than 50 years, ROMRADIATOARE S.A. has been the main Romanian supplier of heat exchangers for cars, locomotives, trucks, buses and stationary engine groups The company is established as a manufacturer of steel cables under the name of Ancora Romana - Romanian Anchor 1946 Production of radiator begins. (First Romanian company to produce radiators) 1961 Name changed to The factory of radiators and cables 1980 The production of steel cables is stopped, focusing only on radiators (cores & metal frames) 1991 Name changed to ROMRADIATOARE S.A Company returns to its initial form of private property, through a MBO scheme 1997 Serial production of sheet metal parts begins (for Renault Trucks) 2004 A Metal parts & Welded structures separate production workshop, producing sub-assemblies and final products for Pinguelly Haulotte and continuing the Renault production partnership 2008 SIF Transilvania SA, a local private equity fund, becomes the main shareholder and ROMRADIATOARE relocates its production facilities 2009 A separate Industrial Heat Exchangers business unit is established part of the 2011 strategy

6 ROMRADIATOARE SA BUSINESS LINES Industrial heat exchange solutions Vehicle heat exchangers Metal parts & Welded Structures

INDUSTRIAL HEAT EXCHANGE SOLUTIONS For over 50 years, ROMRADIATOARE has earned distinction for manufacturing a wide range of heat exchangers

turbochargers, power shift transmissions, hydraulic transmissions, inverters reducers, couple hydraulic converters, hydraulic couplings

Hidromecanica equipped with an ROMRADIATOARE oil cooler FAUR SA BUCURESTI Producer of complex equipment (oil and gas extraction, railway, and

7 INDUSTRIAL HEAT EXCHANGE SOLUTIONS For over 50 years, ROMRADIATOARE has earned distinction for manufacturing a wide range of heat exchangers for applications in different industries: power generation, oil & gas extraction, machine building, marine, cement, mining, chemical process, and many others. Over the years, we have supplied heat exchangers for well-known clients in Romania, and abroad such as: HIDROMECANICA SA BRASOV Producer of turbochargers, power shift transmissions, hydraulic transmissions, inverters reducers, couple hydraulic converters, hydraulic couplings MECANICA MARSA Producer of semitrailers, superstructures, trailers, automatic trailers for commercial and military use Hydraulic convertor by Hidromecanica equipped with an ROMRADIATOARE oil cooler FAUR SA BUCURESTI Producer of complex equipment (oil and gas extraction, railway, and others) PROMEX SA (former PROGRESUL BRAILA) Manufacturer of equipment for metallurgical industry, earthmoving equipment, equipment for building material industry, equipment for naval industry, excavators 50 tones Front Dumper by Mecanica Marsa equipped with ROMRADIATOARE heat exchangers

INDUSTRIAL HEAT EXCHANGE SOLUTIONS Stationary groups in the extractive industries by Faur SA

supplier of steam boilers, hot-water boilers, heating batteries, heat exchangers and thermo

system by ROMRADIATOARE for the Cernavoda Nuclear Power Plant LINDE GAZ ROMANIA Supplier of

products Naval power gen sets (equipped with MAN engines) cooled with ROMRADIATOARE heat

8 INDUSTRIAL HEAT EXCHANGE SOLUTIONS Stationary groups in the extractive industries by Faur SA Bucuresti cooled with ROMRADIATOARE heat exchangers ICPET GENERATOARE ABUR SA Designer and supplier of steam boilers, hot-water boilers, heating batteries, heat exchangers and thermo power equipment CEZ Romania (former ELECTROCENTRALE GALATI) Power utility supplier Cooling system by ROMRADIATOARE for the Cernavoda Nuclear Power Plant LINDE GAZ ROMANIA Supplier of industrial gasses CARPAT CEMENT Producer of cement, concrete, aggregates and other related products Naval power gen sets (equipped with MAN engines) cooled with ROMRADIATOARE heat exchangers LINDENBERG ANLAGEN BHKW Producer of marine aggregates, power sets, direct drives, CHP and power stations

KEY TECHNOLOGIES for INDUSTRIAL HEAT EXCHANGERS SHELL & TUBE FIN &TUBE

many variations of shell & tube heat exchangers: U- tubes, straight tubes,

coolers, swimming pools heat exchangers.

and coiled fin tubes. Fin material: aluminum (standard) or cooper.

applications: industrial coils, oxygen heaters, generator & motor coolers,

Tubes can be made of: copper, aluminum, steel or other materials Fins can be

9 KEY TECHNOLOGIES for INDUSTRIAL HEAT EXCHANGERS SHELL & TUBE FIN &TUBE Meeting the professional requirements of different industries we manufacture many variations of shell & tube heat exchangers: U- tubes, straight tubes, bayonet exchangers, boilers, evaporators, condensate dehydrators, fuel coolers, swimming pools heat exchangers. EXTRUDED FINNED TUBE We manufacture heat exchangers with extruded fin tubes and coiled fin tubes. Fin material: aluminum (standard) or cooper. We supply fin & tube heat exchangers to a variety of industries and applications: industrial coils, oxygen heaters, generator & motor coolers, plate fin tubing, among others. Tubes can be made of: copper, aluminum, steel or other materials Fins can be made of brass, aluminum, steel or other materials OTHER For other processes we manufacture a wide variety of heat exchangers like tank heaters, bearing oil coolers and many others on our clients demands.

KEY TECHNOLOGIES for INDUSTRIAL HEAT EXCHANGERS PLATE & FRAME Advantages: - Easy to assembly and disassembly, inspect or clean - Temperature control - Minimum Installation Area - Maximum heat

10 KEY TECHNOLOGIES for INDUSTRIAL HEAT EXCHANGERS PLATE & FRAME Advantages: - Easy to assembly and disassembly, inspect or clean - Temperature control - Minimum Installation Area - Maximum heat exchange efficiency - Low pollution Started 2010 ROMRADIATOARE has begun to manufacture plate and frame heat exchangers. The plate heat exchangers is fixed by numbers of thin and corrugated heat plates hanged between the carrying bar on the above and the guide bar on the below. This type of heat exchangers bring maximum effectiveness and efficiency to an array of challenging heatexchange applications such as: HVAC, power plant, nuclear, petrochemical and chemical, oil & gas, power plants, food & beverage, pharmaceutical and many others.

11 VEHICLE HEAT EXCHANGERS Our presence on the Romanian market ROMRADIATOARE SA has a long lasting tradition in providing heat exchange solutions for vehicle engines. Over the years, we have supplied heat exchangers to all major vehicle OEMs in Romania, such as: DACIA RENAULT AUTOMOBILE SA Pitesti cooling and heating radiators for more than cars Some of the models equipped by ROMRADIATOARE ARO SA Campulung Cooling radiators for ARO off-road vehicles DAEWOO AUTOMOBILE SA Craoiva Cooling radiators for Cielo, Matiz and Tico cars ROMAN SA Brasov Cooling and heating radiators for more than trucks TRACTORUL UTB SA Brasov Cooling and heating radiators for tractors ELECTROPUTERE SA Craiova Water and oil radiators and oil coolers for locomotives FAUR SA Bucuresti Coolers for locomotives

exchangers for electric locomotives GRUP

cooling and heating radiators, water and

12 VEHICLE HEAT EXCHANGERS Our presence on the Romanian market ROMRADIATOARE SA has a long lasting tradition in providing heat exchange solutions for vehicle engines. Over the years, we have supplied heat exchangers to all major vehicle OEMs in Romania, such as: SOFTRONIC Heat exchangers for electric locomotives GRUP FEROVIAR ROMAN Heat exchangers for diesel locomotives ROMARM National Company for Military Technique AUTOMECANICA SA Moreni cooling and heating radiators, water and oil radiators for military vehicles; MECANICA MARSA heating radiators, oil radiators for military vehicles; UZINA MECANICA BUCURESTI water-air cooling radiators for military vehicles.

VEHICLE HEAT EXCHANGERS Our presence on the world market As the first endowment (OEM customers), we supply:

Radiators for JG Automotive Spain (former Automotive Iberica) - Metal parts for Volvo Trucks Renault France

PEUGEOT, SAAB, SKODA, VOLVO, FORD, RENAULT, RANGE ROVER, VOLKSWAGEN, TOYOTA vehicles; FRANCE cooling and

trucks RENAULT, VOLVO as genuine spare parts for RENAULT TRUCKS; IRISBUS GERMANY cooling and heating

vans and agricultural vehicles: FIAT, CLAAS, URSUS, UTB, MAN, RABA, IFA, AVIA, IKARUS, etc; EGYPT cooling

13 VEHICLE HEAT EXCHANGERS Our presence on the world market As the first endowment (OEM customers), we supply: - Water radiators for ZETOR Tractors, Czech Republic - Cooling systems for LINDENBERG Anlagen GmbH Germany - Radiators for JG Automotive Spain (former Automotive Iberica) - Metal parts for Volvo Trucks Renault France As spare parts we export to: ITALY cooling and heating radiators for ALFA ROMEO, FIAT,OPEL ASTRA and KADET, PEUGEOT, SAAB, SKODA, VOLVO, FORD, RENAULT, RANGE ROVER, VOLKSWAGEN, TOYOTA vehicles; FRANCE cooling and heating radiators for RENAULT, FIAT, OPEL, PEUGEOT, SKODA, VOLKSWAGEN; water radiators, oil coolers for trucks RENAULT, VOLVO as genuine spare parts for RENAULT TRUCKS; IRISBUS GERMANY cooling and heating radiators for: DAEWOO, RENAULT, FIAT, VOLKSWAGEN, FORD, AUDI cars; SLOVAKIA, HUNGARY radiators for tractors, vans and agricultural vehicles: FIAT, CLAAS, URSUS, UTB, MAN, RABA, IFA, AVIA, IKARUS, etc; EGYPT cooling and oil radiators for tractors UTB, FIAT, locomotives; SPAIN water and oil radiators as original parts for agricultural machines.

14 METAL PARTS AND WELDED STRUCTURES ROMRADIATOARE SA has extensive experience and strong abilities to design and manufacture metal and welded structures following the automotive industry specific quality standards ISO TS When established, our Metal Parts and Welded Structures Division started off as a production and assembly workshop for Pinguelly Haulotte people lifting equipment, thus having from its beginning the ability to perform various mechanical operations such as: laser cutting and punch press, ABKANT CNC bending, metal processing, pressing, MIG/MAG/TIG welding etc.) The quality and competitiveness of our metal parts and welded structures business is reflected in our lasting relationship with well-known clients, such as:

15 KEY TECHNOLOGIES for METAL PARTS & WELDED STRUCTURES Laser Platino 1530 Horizontal warehouse 250 Tones Hydraulic Press Punch Press Amada Aries 245 CNC Lathe Okuma LB 2000 Welding Robot CLOOS ROMAT Powder Painting Line

Research, Development, Prototyping, Testing capabilities Current R&D capabilities R&D department: 5 CAD workstations 5 trained engineers for AUTOCAD 2008 5 trained engineers for

16 Research, Development, Prototyping, Testing capabilities Current R&D capabilities R&D department: 5 CAD workstations 5 trained engineers for AUTOCAD trained engineers for SOLIDWORKS 2007 Dedicated software for sizing and heat exchange evaluation of coolers Prototyping & testing capabilities Prototyping workshop Vibration test bench Pressure cycle test bench

17 Quality Management Certifications Excellent quality is for us both a supreme goal and a means towards excellent performance. Quality certifications: SR EN ISO 9001:2008 ISO TS 16949:2002 Romanian Railway Authority systems and products quality certification Upcoming ISO certification ( March 2010)

Repairing FEPA-CM = Romanian Employers Association From Machine Building Industry National Association of

18 : Memberships and affiliations ACAROM = Romanian Association of Automotive Producers PATROMIL = The Romanian Business Association of the Military Technique Manufacturer OPREMAR = Romanian Organization of Rolling Stock Repairing FEPA-CM = Romanian Employers Association From Machine Building Industry National Association of Radiator Specialists from Great Britain SIAR = Romanian Society of Automotive Engineers American Society of Automotive Engineers

LOOKING FORWARD TO HEARING FROM YOU! ROMRADIATOARE S.A. BRASOV Zizinului Street 113 A Tel: 0040-268-317550 0040-268-313500 Fax: 0040-268-317500 0040-268-317600 E-mail: romradiatoare@romradiatoare.

19 LOOKING FORWARD TO HEARING FROM YOU! ROMRADIATOARE S.A. BRASOV Zizinului Street 113 A Tel: Fax: romradiatoare@romradiatoare.com Management: General Manager: oliviu.niculescu@romradiatoare.com R&D Manager: cristinel.crisan@romradiatoare.com Production Manager: ioan.barbu@romradiatoare.com

AGRICULTURE AND FORESTRY CONSTRUCTION AND MINING AUTOMOTIVE, COMMERCIAL VEHICLES AND RAILWAYS INDUSTRIAL EQUIPMENT

AGRICULTURE AND FORESTRY CONSTRUCTION AND MINING AUTOMOTIVE, COMMERCIAL VEHICLES AND RAILWAYS INDUSTRIAL EQUIPMENT RAAL is a manufacturer of complete cooling systems and heat exchangers, made of aluminium alloys and stainless steel, in brazed construction: radiators, oil coolers, air coolers, condensers and combined