The SAES Group. SAES is an Italian multinational which develops, manufactures and commercializes advanced functional materials.

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2 The SAES Group SAES is an Italian multinational which develops, manufactures and commercializes advanced functional materials. These are materials which, responding to external stimuli such as variations of temperature, application of an electric field or of a pressure, or in presence of a gas in the environment, are able to carry out specific tasks or functions.

3 More than 70 years of experience Thanks to: deep competences in materials science a wide technological portfolio integrated manufacturing processes SAES is the worldwide leader in the supply of high-tech / high quality products and solutions for: Industrial and scientific applications where high vacuum or ultra high pure gasses are required. NiTinol (Shape Memory Alloy) based components for medical or industrial use Industrial applications of Organic Chemistry, thanks to the new generation of functional polymeric composites.

4 Main Application Markets

5 R & D & I A diligent, knowledge-intensive approach towards innovation has allowed the Group to continuously offer cutting edge solutions 11% of sales allocated each year to R&D&I 150 persons employed in R&D More than 300 inventions in 70 years

6 Global Footprint 10 plants, in Europe and United States, more than 1000 employees Distribution, commercialization and after sales service mainly managed by trained and technically proficient SAES personnel

7 Organizational Divisions

8 2015 Financial facts, as of June 30 Thousands of Euro 1st Half st Half 2014 TOTAL NET SALES 81,488 63,556 GROSS PROFIT 35,078 27,152 % on Net sales EBITDA 13,245 9,439 % on Net sales EBIT 8,790 5,191 % on Net sales EBT 8,200 3,848 % on Net sales NET INCOME (LOSS) 4,088 1,321 % on Net sales NET FINANCIAL POSITION (24,501) (39,878)

9 Relevant terms of the EIB GFI Finance Contract Subject Purpose of financing Contractual features Financing of up to 50% of the costs of research from 2014 to 2017del portfolio investment projects proposed to the EIB. Total value of research projects 45M Amount of credit 10M: 2 Tranches of 5M each Term of financing 5 years, signed in April 2015 Borrower Overall financing structure Main relevant contract features: SAES Getters S.p.A. HQs listed at the Italian Stock Exchange Unsecured loan Medium term loan with repayment schedule with amortization process installments by constant capital; divided into two tranches of 5M, one supported by full guarantee by SACE S.p.A.(Servizi Assicurativi del Commercio Estero. Ordinary standard restrictions on : Dividend payments Acquisition value amount during the term of the loan Guarantees in favour of third parties Assets disposal /Sales of assets Change of Control M&A Negative pledge Pari passu Ownership of 100% of material subsidiaries during the term of the loan

10 Investment cost table During the loan due diligence SAES provided EIB with the general details of the 5 Research and Development projects, all covering a time span of 4 years starting from the year 2014 (the loan was disbursed in May 2015). Funded projects: A new display technology (OLET), new organic gettering materials, new vacuum pumps, new metallic getters and new shape memory alloys The split by nature of the 5 projects was disclosed to EIB as below. Values in M Personnel Equipment &Machinery Materials Consultant& Others Total % 23.2% 5.9% 18.4%

11 Some suggestions EIB follows a very diligent, integrated process, involving synergically financial and business competences. This has to be clearly understood by the Company since the inception of the negotiations, as this is not the approach followed by the commercial banks (at least in Italy). In other words, discussions are enlarged to include non financial managers Once the contract is signed, EIB demands, correctly, precise follow up and reporting. This involves several departments of the Company, that must be made aware of the requirements and must be trained accordingly EIB contracts are extremely comprehensive. EIB is a bank (not an NGO), with stringent public obligations which are reflected in the contract wording. Expert legal support is therefore required to negotiate effectively Hence negotiations may be longer than with local commercial banks and in some cases may appear frustrating. To speed the process it is of the essence to clearly identify the Company objectives, the key KPIs, the thresholds and so on

12 Thank you for your attention