Simone Trevisani CEO of Drillmec
Who we are?... 2
The Group FOUNDATION ENGINEERING OIL&GAS GROUP SYNERGIES Special foundation services Oil drilling rigs CONSTANT INNOVATION Special foundation rigs OUR COMPETITVE ADVANTAGE Oil drilling services STRENGTHENING MARKET LEADERSHIP
History 100 years of international experience recognized by customers worldwide trough selected acquisition of historical brands active in the Oil & Gas Field. Today, Drillmec is an International leader in design, manufacturing and distribution of drilling and workover rigs onshore and offshore. CORE PRINCIPLES SAFETY ENVIRONMENT INNOVATION 3
Competitive Advantages Presence all over the World Technical support Trust in the brand Highly customized design Sound business principles Low environmental impact Human Safety & Environment (HSE) Quality Management System (QMS) 4
Worldwide Presence 25 Operating Companies in 20 Countries 80 Distributors Canada Belurus Russia Italy U.S.A. Mexico Brazil U.A.E. Singapore Columbia India Ethiopia Arge ntina Australia 5
Why Drillmec?... 7
Complete Range of Products 1 OFF-SHORE 750HP 1,000HP 1,500HP ADVANCED HH 2,000HP 750HP 1,000HP 1,500HP 2,000HP 3,000HP CONVENTIONAL ON-SHORE 6
Different Technologies HH Series Conventional Series REDUCTION of AREA REDUCTION of COSTS RIG - UP in Italy INCREASED PERFORMANCE ENHANCED SAFETY Main Advantages for clients are the following: Reduction of Costs Security of Operating Reduction of Risks Hydraulic coupled with Electronic Technologies Technology 7
HH Technologies Delivered Iceland Russia Germany U.S.A. U.K. France Libya Italy Ukraine Romania China Colombia Venezuela Brazil Yemen Perù Congo Australia Chile Argentina New Zealand More than 200 HH Oil Drilling Rigs Delivered Worldwide 8
Evolution of a solid business 2012-2013 2014-2016 2005-2009 2004 2010-2011 Dual Product Line FEED+EPC Recognition of superior technology Completed Product Line Offshore Offshore Applications & Customized Solutions Full package offshore Offshore Deep Water Applications & Advanced Solutions Conventional + HH series Product Line Water Drilling Rigs Hydraulic technology for w ater drilling w ells Markets & Onshore + Offshore Applications Expansion 9
Rigs in Kazakhstan ARTIFICIAL ISLAND Highly Customized Offshore Rig Caspian Sea Work completed on the artificial island where one of the two 3000HP rigs manufactured by Drillmec was allocated. All rigs ordered by the client were delivered on time. 10
GrupoMexico - Pemsa Mexico Of f shore Rig Fixed Platform- GrupoMexico Drillmec was able to expand its product range officially entering the Offshore market The Division s positioning currently extends to Fixed Platforms that are widely utilized in "Shallow Waters Drilling" (mid-water drilling depth) 11
Offshore Solutions for Lukoil Of f shore Rig Lukoil Drillmec is supplying a 2,000 HP offshore oil drilling rigs to Lukoil to be installed in the Caspian Sea. Committed to provide and develop technical solutions for specific customer requirements. Best technological know-how will allow the development of important innovative features for drilling that will reduce operating costs & increase the efficiency of drilling. 12
The future 1
Plan of Actions Main Growth Elements MARKET TECHNOLOGY MAIN DRIVER Capture clients specific needs Customization & High flexibility Selective Growth Strong Focus on R&D Strive for best production quality Innovative Solutions Increase unmanned operations & safety Capital improvement Efficiency & Performance Advanced Technology 13
Strategy & Markets STRATEGIC DEVELOPMENT MARKETS Saudi Arabia Mexico United States Russia Asia Pacific 14
Drillmec in Numbers 1500 employees Advanced HH Training Conventional Offshore Solutions Over $560 expected revenues Backlog over $410m Since 2011 World Leader for quantity of Land Rigs Manufactured Over 500 rigs delivered in more than 40 countries Approx. 200 HH Rigs delivered Drillmec part of TREVI Group listed on the Milan Stock Exchange (TFI.MI) 15
Backlog & Revenue Evolution Backlog $300mln Backlog $410mln Backlog $395mln Backlog $132mln $500mln $461mln $381mln $381mln USD mln Backlog $210mln $167mln Oil & Gas business increasing Historical Consolidated Revenues breakdown 2004 2006 2008 2009 2010 2011 Drillmec Revenues Backlog up more than 3x 2004; good revenue generation 2012 16
Revenue Evolution REVENUES FY05 FY13E USD mln 17
Disclaimer The Executive in charge of the preparation of accounting documents Daniele Forti declares, pursuant to paragraph 2 of article 154*bis of the consolidated law on finance, that the accounting informat ion contained in this presentation corresponds to the document results, books and accounting records. This presentation, prepared by TREVI Finanziaria Industriale SpA, contains forward looking information and statements about the group and in no case may it be interpreted as an offer or an invitation to sell or purchase any security issued by the company or its subsidiaries. These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations to future operations, products and services, and statements regarding future performance. Forward looking statements involve inherent risks and uncertainties are current only at the date they are made. However, the management of TREVI Finanziaria Industriale SpA believes that the expectations are reasonable, but, at the same time, points out to holders and investors that all the informat ion and all the statements are subject to various risk and many of which are very difficult to predict and to control. TREVI Finanziaria Industriale SpA does not undertake any obligation to update forward looking statements to reflect any changes in own expectations with regard thereto or any changes in events. 21 18
Investor Relations Team: Stefano Campana Josef Mastragostino Cristina Trevisani investorrelations@trevifin.com Investor Contact: Josef Mastragostino Investor Relations Manager investorrelations@trevifin.com