You do business we guarantee. nordicguarantee.com

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1 You do business we guarantee. nordicguarantee.com

2 About us You do business we guarantee. As our name suggests, at Nordic Guarantee, we do guarantees. This is our core business, which is why we have a team of highly qualified industry experts and analysts to serve our clients. We combine the appropriate risk analyses with our industry insights to provide you with a customised solution at a competitive price. Our guarantees represent professional third-party opinions of our clients ability to perform and deliver successfully on specific contracts. Legally speaking, as the provider of the guarantee, we become our clients co-principal debtor. In this way we back our client and give peace of mind to our client's client. We provide secure contract guarantees to suit the needs of your business. This gives you the freedom to do what you do best and concentrate on your core business. The guarantees we offer provide the highest level of protection and usually without the need for collateral to be pledged. Our major areas of focus in the Nordic countries include Construction Travel Manufacturing

3 Who are we? In 2016 Manzillo Holdings Limited became the sole owner of Nordic Guarantee. One of the biggest guarantee issuers in the construction and travel industry. The only company in the Nordic region whose core business is to provide guarantees. Privately owned short-term insurance company that has been focusing on the guarantee business for over 20 years. High focus on industry knowledge and insight and we employ some of the leading experts in the industry. Manzillo has several investments in European insurance companies, of which the largest is Red Sands Insurance Company (Europe) Limited. Manzillo has an association with Lombard Insurance, the largest contractual bond provider in sub-saharan Africa, who will provide further expertise and technical support to Nordic Guarantee. We have a partnership arrangement with Lombard Insurance Company which is the largest provider of guarantees in sub-saharan Africa. This allows us to also issue guarantees in those geographies. Through Lombard s partnership arrangements we can also issue guarantees in Australia. Our facilities are structured favourably to our clients in terms of both pricing and securities.

4 Our Nordic footprint Helsinki FINLAND Stockholm SWEDEN Oslo NORWAY Copenhagen DENMARK Malmö SWEDEN

5 Claims-paying ability Our reputation rests on our ability to meet our claims obligations promptly. We have been able to achieve this because we are supported by a world-class panel of international reinsurers that we have illustrated below: Our reinsurers Rating Total assets (MSEK) Equity ratio Financial figures at Arch Re A % 2015 Axis Re A % 2015 Clavis Re > A % 2014 Endurance A % 2015 Hannover Re AA % 2015 Liberty 4478 * A % 2015 Partner Re A+ ( ) % 2015 R&V Re AA % 2014 SCOR AA % 2015 Swiss Re AA % 2015 Munich Re AA % 2015 > Writing on behalf of Chaucer, Kiln, Canopius and Atrium syndicates * Lloyd s rating To emphasise the strength of our reinsurance panel in supporting our claims paying ability, below is a comparison between the consolidated assets of some major Nordic banks and our reinsurance panel. Top Nordic commercial banks consolidated assets and Nordic Guarantee Reinsurance Panel s group assets (all figures MSEK). Nordea Nordic Guarantee Reinsurance Panel Danske Bank Handelsbanken SEB DNB NOR Swedbank OP Bank Aktia Bank

6 Our guarantee offering It s a reality. When you do business, your suppliers and customers often require guarantees this provides the assurance that these obligations can be fulfilled. At Nordic Guarantee we offer this protection without tying up your capital thus improving your cash flow situation. This can then be better deployed to sustain your growth ambitions. But we are more than just a service provider. We are a partner. This requires us to be highly responsive in providing you with hassle free service and industry leading knowledge when you need it most. Our client s needs Large guarantee facility Guarantee accepted by beneficiaries Flexibility within their banking facility Quick turnaround time Reliability Our solution We have the capacity to back very large and complex construction projects. Our guarantees are widely accepted both locally and internationally. We don t tie up our client s working capital. Decision maker and relationship manager are often one in the same providing our clients with faster decisions. Great track record of backing major projects. Our guarantees Advance Payment Bond Bid Bond Combined Construction Bond Customs Bond Maintenance Bond Payment Bond Performance Bond Our web portal, FastTrack, gives you a good overview and control over your guarantees. You can log in 24 hours a day simple and free of charge. You can manage your guarantees and easily purchase new guarantees. Benefit for our client's client: We re flexible with our guarantee wording We re backed by the world s leading reinsurers We have an impeccable claims paying record Our commitment to taking the underwriting risk provides a further endorsement of your decision to contract with our client. Rental Bond Travel Bond

7 nordicguarantee.com Sweden (Head office) Kista Science Tower SE Kista Tel nordicguarantee.se Norway Dronning Eufemias gate 8 NO-0191 Oslo Tel info@nordg.no nordicguarantee.no Finland Äyritie 12 A FI Vantaa Tel info@nordg.fi nordicguarantee.fi Denmark Tuborg Boulevard 12, 3. sal DK-2900 Hellerup Tel info@nordg.dk nordicguarantee.dk English Kista Science Tower SE Kista Tel info@nordg.com nordicguarantee.com