GWL/Power GWL/Power i4wifi a.s.

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1 GWL/Power 2015 GWL/Power i4wifi a.s. Sales Report / May 2016

2 Content 1. About company 3 2. i4wifi as value added distributor 5 3. Customers 8 4. Importatnt Milestones Kind of distribution business in Historical revenues Summary of the year Contacts 25

3 Company i4wifi a.s. Joint-stock company Annual turnover about USD 21 million Specialized in wireless solutions and networking components industry Business activities were launched in 1994 as a private business company Leading wireless component supplier in the Czech Republic since 2002 Value added distributor

4 Company i4wifi a.s.

5 Corporate philosophy and people "The one whose main goal is the financial profit, can never be successful." Number of employees is still increasing from 21 in year 2007 to 35 in 2015 work in Sales, Technical (R&D), Warehouse, Accountant, Marketing and IT departments.

6 Warehouse Over 40,000 packages dispatched, of that 100 % as same-day dispatch in the packeges total capacity per day New and safety warehouse 3,800 sq m of warehouse space

7 Value added distributor support 8 technicians support our customers everyday About 30 technical questions are solved each day Special support for Solar systems, BMS and batteries

8 Value added distributor Exhibitions Intersolar/EES exhibition for suppliers and users of electrical energy storage solutions. It is in conjunction with Intersolar Europe, the world s largest exhibition for the solar industry, in Munich, Germany ecartec - B2B traid fair for electric and hybrid mobility i4wifi customers meeting annual fair by i4wifi for their customers to meet each other and see the new technologies

9 GWL/Power Sales Territory World

10 GWL/Power Sales Territory EU Sales Territory: European Union We have a customer base of European customers.

11 GWL/Power EU Single Market single market no boarders single currency same-day dispatch 2-3 day delivery

12 GWL/Power European Customers The advantage of the GWL/Power warehouse location. EU Country Growth [%] DE - Germany % 50 IT - Italy % 31 FI - Finland % 23 FR - France % 18 SE - Sweden % 16 ES - Spain % 11 AT - Austria % 4 NL - The Netherlands % 21 CH - Switzerland *) % 16 PT - Portugal % 13 GB - United Kingdom % 11 DK - Danmark % 7 SI - Slovenia % 9 HU - Hungary % 13 BE - Belgium % 6 NO - Norway *) % 5 *) non-eu Country VIP

13 EU Customers by Country 2015

14 GWL/Power History Highlights i4wifi a.s. formed through a merger of two Czech distributors first power systems for IT networking LiFePo4 distribution started on-line web introduced aggregated total of 1 million Ah sales aggregated total of 5 million Ah sales

15 GWL/Power History Highlights aggregated total 10.5 million Ah aggregated total 17.3 million Ah and 1.7 milion Wp sales aggregated total 23,8 milion Ah and 2.6 milion Wp sales key distributor of the following products - LiFePO4 cells and batteries - Battery Chargers - BMS Systems - PV Solar Panels - GridFree Solution - ebike kits - Solar Chargers MPPT - High Power DC regulators - Invertors and MicroInvertors (DC/AC)

16 Main Brands Winston, Sinopoly, Calb and WINA (China) are producer of LiFePO4 cells and batteries. These batteries are suitable for EV applications and energy storage solutions. All 3 manufacturers are independent and produce variaty types of LiFePO4 cell and batteries. GWL/Power - own branding high quality photovoltaic panels, LTO cells and other DC power equipment GridFree - Progresiv solution of photovoltaic systém designed for covering of own comsumption of electricity EVBIKE - Bike into the electric bike conversion kits for Do-It- Yourself installations. EVBike conversion kits are in direct hub motor inside the wheel or central motor at pedals.

17 Distribution Business in 2015 There are 2 major lines of business: Telecommunication products (TELCO) (Wi-Fi, switches, Routers, fiber networks). Energy storage, EV and PV solutions (POWER). Solar panels, batteries, electro mobility, accessories.

18 GWL/Power 2015 Total Sales Data Total Revenue - USD $ million Of that: GWL/Power - USD $ million

19 Key Figures of 2015 i4wifi Business Total revenue: USD million 38% increase of revenue over 2011 Total amount of units sold: 459,700 (of that 380,300 items and 79,400 m of wires) Over 40,000 packages dispatched, of that 100% as same-day dispatch

20 Revenues Show Steady Growth The official currency of i4wifi is CZK. This report in USD is affected by high difference of CZK/USD exchange rate between years 2014/2015 i4wifi started project about LED lightning products in This project was sold to another company in Q1/2015 i4wifi created a double profit despite lower revenue in 2015 Total Revenue [in USD] $ ,0 CZK/USD exchange rates $ , $ , $ ,0 $ , $

21 GWL/Power EV products share 2015

22 GWL/Power Lithium Cell Sales Year Cell Sales [Ah/year] Cumulative sales [Ah] plan

23 GWL/Power Lithium Cell Models 2015

24 GWL/Power Solar Panel Models 2015

25 GWL/Power Group Summary Our customer database includes hundreds of European customers primarily from Germany, Italy, France, Spain and other countries. We provide our customers with energy/power solutions on a regular basis. We hold ready-to-dispatch stock of large-capacity LiFePO4 batteries & accessories imported directly from original equipment manufacturers from China, Taiwan and Japan. We operate 3,800 sq m of warehouse space, own technical service department, training center and a customer support center. We develop products and solutions tailored to meet the needs of our customers. Such products include specially designed power management tools, high-power chargers and other. We were awarded CEKIA stability award with AAA rating ( excellent stability ), which only 2 % of Czech companies achieve.

26 References

27 Contact us i4wifi a.s. Průmyslová Prague 10 Czech Republic - EU Phone: Fax: Mail: export@i4wifi.eu Skype: i4wifi-export Our sales and technical departments are ready for you.

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