Focus on Gelmini s.r.l.

30/11/2015

Langhirano (Parma)

Gelmini in a glance

New Corporate governance since October 2014

Net sales (2014): € 4,5 mln

Budget 2015: € 5,5 mln (+22% YoY)

Partnership with Mespack (ES)

20 cheese processing lines per year (average 2012/14)

3 new prototypes launched in 2014

1 new type to be launched in 2015

14 full time employees

Corporate office, factory, showroom and test area, two

warehouses:

2 000 sqm- 2 -

Gelmini nowadays: “our solid roots support us towards the future”

A stable base of recurring Clients supports revenues

- 3 -

Gelmini has a vocation to innovation in its DNA, for this reason it keeps a positive outlook for the future

Innovation fosters business growth and diversification

- 4 -

47% on net sales

driven by hard

cheese (average

2012/14)

A growing market share in Europe selling machines for hard, semi-hard and soft cheese processing

Growing sales towards European markets

- 5 -

A 5,5 mln euros budget in 2015

2015 in a glance: Cibus Tec to harvest

- 6 -

ANNEX

A1 | Cheese processing

Triangles and Slices

- 8 -

Cube | Petals | Julienne

Grated Cleaning

A1 | Machines

Cheese

- 9 -

Meat

Vacuum-packing