MADE IN ITALY. thermowatt.com. the heart of electric appliances

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MADE IN ITALY 1 the heart of electric appliances MADE IN ITALY

2 the heart of electric appliances History Founded in the early 1950s, today Thermowatt is one of the top global manufacturers of heating elements and thermostats for domestic and professional appliances. The company operates with 2 main brands, Thermowatt (Electric Water Heaters and Domestic Appliances) and DhE (acquired in 2013 and active in the Professional and Industrial sector), serving over 250 customers in more than 100 countries around the world. Every year more than 35 million heating elements and thermostats are produced in its three manufacturing facilities and R&D centers. Most of the production is completely made in Italy in Arcevia (AN) and Follina (TV), while a third plant in China (Wuxi) serves the Asia Pacific markets.

MADE IN ITALY 3 1974 THERMOWATT STARTS ITS PRODUCTION IN ARCEVIA (AN), ITALY 1980 THE COMPANY ENTERS THE MAJOR DOMESTIC APPLIANCE MARKET 1997 STARTUP OF THE CHINA PLANT IN WUXI (SHANGHAI AREA) 2000 MORE THAN 100 COUNTRIES SERVED WITH OVER 200.000 PRODUCTS PER DAY 2010 WORLD CLASS MANUFACTURING PROGRAM TAKE OFF 2013 THERMOWATT ACQUIRES DHE AND ENTERS IN THE COMMERCIAL APPLIANCES AND INDUSTRIAL SECTOR

4 the heart of electric appliances Electric Water Heating ELECTRIC STORAGE WATER HEATERS ELECTRIC ISTANTANEOUS WATER HEATERS SOLAR WATER HEATERS COMMERCIAL WATER HEATERS

MADE IN ITALY 5 Electric Appliances WASHING MACHINES OVENS DRYERS DISHWASHERS PROFESSIONAL LAUNDRY

6 the heart of electric appliances Professional Applications CATERING COFFEE MACHINES STEAM PIZZA OVENS REFRIGERATORS

MADE IN ITALY 7 Industrial Applications PLASTIC MANUFACTURING PROCESSES OIL & GAS CHEM & PHARMA HAZARDOUS AREAS (ATEX CERTIFIED)

8 the heart of electric appliances Research & Development With more than 3% of revenues invested every year and more than 40 patented solutions in the last five years, Thermowatt has reached a unique know-how, constantly developing new technologies and high quality products which fuels the heart of its Customers products. The three R&D Centers are constantly seeking innovative solutions to satisfy changing Customers needs and anticipate market dynamics and new regulations.

MADE IN ITALY 9 Laboratory and Testing Thermowatt laboratory testing capabilities and scrupulous prototyping processes make sure that Customer s specifications are met and that products satisfy applicable international regulations and standards. Thermowatt laboratory is certified by IMQ and is able to perform a wide range of tailored activities for its Customers. In order to ensure maximum quality and guarantee safety performances for the entire course of their life, any item produced in Thermowatt plants are subject to robust and redundant in-line tests as well as frequent statistic random tests and accelerated life tests. This is what we call Full Quality Approach.

10 the heart of electric appliances Manufacturing Excellence Thermowatt Customers benefit from having the simplicity and efficiency of having one supplier for both electric heating elements and thermostats. In fact, Thermowatt products are developed as a system and may be tailored to ensure best performance of any specific appliances. Thanks to a continuous investment in manufacturing automation and to a strong focus on Lean Production, the company is able to deliver cutting edge product features at competitive price and to meet any challenge required of the market. In 2010 Thermowatt has decided to adopt the World Class Manufacturing methodology to implement continuous efficiency and quality improvements in its factories. Such methodology has been initially developed within the automotive industry and has proven to be very effective when applied to Thermowatt production plants.

MADE IN ITALY 11 Quality and Certificates Thermowatt facilities and his advanced testing laboratory are certified by the major international institutes, including ISO 9001 certification, ISO 14001 and ISO 18001. The laboratory is also qualified to operate according to supervised manufacturer s testing to issue CE mark and is Certified to IEC 17025 by IMQ. All Thermowatt products get the applicable international quality certifications as Customer s country specific regulation requires. ISO 9001 BS OHSAS 18001 ISO 14001

12 the heart of electric appliances Commercial Thermowatt works with all major Original Equipment Manufacturers of Water Heaters and Electric Appliances and represents for them not only a supplier, but a valuable partner capable of providing innovative and reliable solutions for the design of components which often represent the heart of their products. By serving more than 100 countries, and thanks to its solid spare parts distribution network worldwide, the company is able to capillary cover the market and provide the right solution for any needs. Reliability, competence, innovation and customer service are the main pillars of a proved Customer Satisfaction which made Thermowatt the most renowned brand in the market.

2 1 4 3 Where our excellence takes shape... 1. Italy, Arcevia (An) Thermowatt Head Quarter and Manufacturing Plant for Heating Elements and Thermostats for Electric Water Heaters and Electrical Appliances. 2. Italy, Follina (Tv) DhE Heating Elements for Commercial Appliances and Heating Systems for Industrial Applications. 3. China, Wuxi Thermowatt China Division Manufacturing Plant for Heating Elements and Thermostats for APAC market. 4. Dubai Thermowatt Middle East Branch Office.

Thermowatt Spa via S. Giovanni Battista, 21 60011 Arcevia (AN) - Italy tel. +39 0731 9881 fax +39 0731 988267 info@ are brands of Thermowatt Group