Lithuania history key points

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Lithuania history key points Territory of 65 300 km2 Population 2.9 million Currency Euro GDP (2014) 36.3 billion EUR GDP (2014) 12 400 EUR per capita Regained Independence WTO membership Currency board with Euro Key milestones 1990 2001 2002 2004 2007 2013 2015 2018 EU and NATO membership Schengen area membership EU Presidency Euro adoption OECD membership 2

GEOGRAPHICAL ADVANTAGE

MAIN ADVANTAGES Statistics 2017 Klaipėda port 3,79 mln. t. Passengers in Vilnius Airport 3761837 Cargo in Vilnius Airport 7954,96 t Passengers in Kaunas Airport 1186074 Cargo in Kaunas Airport 3364,84 t

MAIN ADVANTAGES Statistics 2017 Lithuania is a European leader in transport and logistics More than 6600 transport companies Over 93 000 employes Road trasportation - 73,4 mln. t. Rail 1435 & 1520 mm trasportation - 52,6 mln. t.

WHY LITHUANIA? For 5 you can rent this much: Lithuania 1 sqm Poland 0,5 sqm Sweden 0,2 sqm

INVESTMENT CLIMATE

NUMBER OF TAX BENEFITS Corporate profit tax LT LT (FEZ) PL CZ SK 15% 0% for the first 10 years and 50% discount on corporate tax over the next 6 years 19% 19% 21% VAT 21% 21% 23% 21% 20% Dividends 0/15% 0% 0/19% 0/15/35% 0/7/35% Personal income tax Social security tax 15% 15% up to 32% 15/22% 19/25% 9 % employee 30,98% employer 20,6 % 20,6% 11 % employee 34% employee 35,2%

GENERAL INFORMATION ABOUT FEZ Start of activities Total area Available area, HA Companies settled Distance to main airports Kaunas 1996 534 HA 438 HA 32 Vilnius 100 km Kaunas 2 km Riga 275 km Klaipėda FEZ 2002 412 HA 220 HA 29 Vilnius 305 km Kaunas 220 km Riga 305 km Šiauliai FEZ 2015 133 HA 180 HA 3 Vilnius 220 km Kaunas 160 km Riga 135 km Kėdainiai FEZ 2014 130 HA 108 HA 3 Vilnius 145 km Kaunas 50 km Riga 225 km Marijampolė/Baltic FEZ80 HA 20 HA 1 Vilnius 160 km 2014 Kaunas 80 km Riga 330 km Panevėžys FEZ 2013 47 HA 29 HA 4 Vilnius 150 km Kaunas 115 km Riga 165 km Distance to sea port Klaipėda 220 km Riga 270 km Klaipėda 7 km Riga 305 km Klaipėda 180 km Riga 135 km Klaipėda 220 km Riga 210 km Klaipėda 275 km Riga 320 km Klaipėda 250 km Riga 155 km

FEZ STATISTICS OF GROWTH DURING 2001 2017 No. FEZ Occupied area, % Occupied area, HA Investment, MLN EUR 1. Kaunas 19 103 635 2. Klaipėda 12 59 671 3. Marijampolė 83 65 100 4. Panevėžys 34 16 25 5. Kėdainiai 10 10 19 6. Šiauliai 3 4 5.5

FEZ STATISTICS OF WORK PLACES DURING 2001 2017 No. FEZ Work places were created Number of companies in each FEZ Export in 2016, % Capex investments (FEZ and government, MLN EUR 1. Kaunas 5000 32 58 19.4 2. Klaipėda 5000 29 72 38.6 3. Marijampolė 1000 1-5 4. Panevėžys 600 4 98 8 5. Kėdainiai 167 3-6.7 6. Šiauliai 150 3-11

OUR EXPECTATIONS DURING 2018-2019 FEZ Occupied area, HA Investment,EUR Work places Total number of companies in all FEZs Export, % FEZ MC Capex investments, MLN, EUR We achieved by end of 2017 260 1.5 mlrd. 12 000 72 75 90 We expect in 2018-19 300 2 mlrd. 14 000 80 76 100

FEZ LITHUANIA positioning

KAUNAS FEZ Kaunas Free Economic Zone is located at the intersection of the main transport corridors. The Motorway A6 runs from Warsaw to Saint Petersburg and passes through the capitals of other Baltic states, namely, Riga and Tallinn. The Motorway A1 connects Kaunas FEZ to Klaipėda Seaport and Vilnius and goes further towards Minsk, Kiev and Moscow. Kaunas FEZ is convenient to reach from the entire territory of Lithuania, too. The quality of road pavements in Lithuania is one of the best in Europe.

Strategic geographic location WHERE we are in Europe? SE FI NO Oslo Helsinki Saint- Petersburg Stockholm Talinn EE RU IE DK Copenhagen Klaipeda LV Riga LT Kaunas To China Moscow LEGEND European Union member states Duration going by truck Railways Rail Baltica UK London Antverp Kiel NL Hamburg Amsterdam Roterdam DE BE LU CZ Gdansk PL Warsaw BY UA Kaunas FEZ Main roads Main water roads Main air roads FR CH IT AT SI HR SK HU RO MD Odesa BA RS PT ES ME XK MK AI BG TR GR

Strategic geographic location KAUNAS FEZ territory KAUNAS INTERNATIONAL AIRPORT 29 150 LEGEN D Production and Logistics Business street Airpark Occupied territories by investors Aircraft taxiways 330/110 kv District electrical substation Railway KAUNAS IN TERMODAL TERMIN AL

BUSINESS STREET It is a complex of future buildings close to the Motorway A6 where land plots suitable for offices and hotels are being offered. About 12 hectares of the area will be allocated to offices. The location for parking lots is being planned right next to these offices. Detailed plans have already been prepared for all land plots and they have also been provided with a necessary infrastructure.

TARGET INVESTOR GROUPS Kaunas FEZ has focused on attracting investors from the fields of: medical technology, manufacturing, aviation and MRO, etc. INVESTORS: CONTINENTAL, HELLA, HOLLISTER, FREDA, DPD LIETUVA, RYTERNA, ELINTA, CHEMSYS, RUN ENGINEERING, FINNFOAM, HIDROBALT, KAME, ETC.

KAUNAS FEZ CONTACS Inovacijų str. 3 Biruliskes, LT-54469, Kaunas region, Lithuania www.ftz.lt marketing@ftz.lt Tel: +370 37 399 299

KLAIPĖDA FEZ Klaipėda FEZ is the first and one of most successful free economic zones in the Baltics, with the largest amount of investment attracted and the greatest impact on the local economy. It is also the only FEZ in Lithuania to operate in a port city. In 2017, Klaipėda FEZ was recognized by The Financial Times for having the world s fastest on-site operation launch for its clients. Easy access to EU, Scandinavian and Eurasian Customs markets.

Fast launch Site lease with building permits with pre designed building options Premises for rent Flexible production and office spaces specifically adapted for tenants needs Awarded for Fast Launch at Global Free Economic Zone Of the Year Awards 2017 by fdi Markets

Key facts on Klaipeda FEZ Date of est. Area size Business community No. of countries No. of employees Total investments since 2002 Revenue generated by investors in 2017 2002 412 ha 100+ 16 5,400+ 671 M EUR 1bn EUR Awarded for Fast Launch at Global Free Economic Zone Of the Year Awards 2017 by fdi Markets

ADVANTAGES Awards and achievements: 1st place, Quick Launch Award 2017, fdi Magazine Global Free Zones of the Year 2017 Commended for local cooperation, Global Free Economic Zone of the Year 2015 Europe honourable mention, fdi Magazine Global Free Zones of the Year 2014 2nd place in Europe, 5th place in the world, Digital Marketing Awards 2012 by fdi Magazine 5th place for Best Facilities and 20th in overall ranking, Global Free Economic Zones of the Year 2010/11 by fdi Magazine www.fez.lt best website of a free zone, World Free Zone Convention Website Awards 2007

TARGET INVESTORS GROUPS Plastics and PET, the automotive industry, mechanical engineering and equipment, logistics, food processing, packaging, value chain management. INVESTORS GENERAL ELECTRIC, INDORAMA, GLASSBELL, HEIDELBERGCEMENT, YAZAKI, ALBRIGHT, HUGAAS, NEO GROUP, ETC.

Connections to and from Klaipeda FEZ

Pramones Str. 8, Klaipėda LT-94102 Lithuania www.fez.lt info@fez.lt Tel. +370 46 312 163 KLAIPEDA FEZ CONTACTS

BALTIC FEZ MARIJAMPOLĖ FOOD, WOOD & METAL industries, specialization town for 50 years! Baltic FEZ is located at the Via Baltica highway, in a stretch between Kaunas and Marijampolė. Baltic FEZ provides an optimal opportunity for investors to store and transport their cargo to/from Europe, Baltic sea and Asia. Rail Baltica 1435 and 1520 mm both standarts railways line will provide fast (over 120 km/h) and efficient cargo transport between Scandinavia, Eastern and Western European countries.

TAX BENEFITS Discount on corporate tax Tax on the profits of the investor during the first 6 years (the tax benefits activates after investing over 1 mln EUR) Over the next 10 years (tax after discount is 7,5%) No real estate tax No tax on dividends for foreign shareholders

DOVISTA Dovista is a manufacturer of windows and doors. Originating from Denmark, it is also the owner of 10 other well-known brands, including Velfac and Rationel. The company employs around 4,000 staff across various European locations, and in coming years plans to exceed 1000 of new working places in Baltic FEZ location with it s more than 100.000.000 EUR investments in Marijampole. The DOVISTA Group is a group of leading manufacturers of windows and doors in Northern Europe.

SEVEN REASONS TO DO BUSINESS WITH BALTIC FEZ 1. Corporate profit/foreign investors dividends/r.estate/vat & excise taxes - 0 %. 2. General Russian wide & European narrow railways in one multimodal logistics train station. 3. ViaBaltica & RailBaltica proximity to FEZ territory. 4. Wood, metal and food manufacturing focused, qualified and most in Baltics delivery oriented labor force. 5. Municipality, customs and business operations through FEZ "1 window" service. 6. Eastern countries and Europe proximity with business still acting in Shengen. 7. One of fastest growing Lithuania GDP in European Union and the EURO zone.

www.balticfez.com

BALTIC FEZ CONTACTS J. Jasinskio g. 12, LT-01112 Vilnius J. Basanavičiaus a. 8, LT-68308 Marijampolė www.balticfez.com simonas@balticfez.com Tel.: +370 52 107310, +370 343 31020

PANEVĖŽYS FEZ Panevėžys is the fifth largest city in the Republic of Lithuania. It is situated in the halfway between two Baltic capitals - Vilnius and Riga. Connected with Lithuania's main roads Trans-European highway Via Baltica (spanning from Prague to Helsinki) and a high-speed highway connecting with the capital Vilnius and a key railway line (direction East-West) and in the near future Trans-European railway Rail Baltica, Panevezys offers excellent connections to many Scandinavian and Western European countries.

FACTS ABOUT PANEVĖŽYS

SERVICES FOR NEW FEZ PROJECTS

TARGET INVESTOR GROUPS Automotive industry, electronics and electrical equipment, metal processing, plastic processing, wood and furniture sector INVESTORS DEVOLD, SPECTRUS, IMG GROUP, AR MAISTAS

PANEVĖŽYS FEZ CONTACTS Klaipedos str. 143a, LT-37189 Panevėžys, Lithuania www.pfez.lt info@pfez.lt Tel. +370 45 510 959

KĖDAINIAI FEZ A significant part of Kėdainiai and its district s development is affected by the support received from the European Union and other foreign funds. EU funds contribute to the improvement of district s transport and engineering supply infrastructure, modernisation of education, culture, health, social services, etc. With the largest part of an industry, traditionally strong agricultural production, great trade services network and developing business support infrastructure Kėdainiai attracts the most foreign direct investments in the county.

TARGET INVESTORS GROUPS Food, agriculture and it s production, logistics, chemicals, metals, storage INVESTORS IKARAI, NATURAL FIBER, AGROMESA VICIUNAI GROUP

ŠIAULIAI FEZ The laws of FEZ and effective infrastructure utilization make favorable conditions for foreign and domestic investments, and creation of new workplaces. Different tax incentives are applicable; activities of an international freight transport, trade and manufacturing are developed. Šiauliai district municipality is always ready to offer the best solutions for interested investors and is doing everything for Šiauliai district to become one of leaders with the great value added industry and developed by knowledge-based economy.

TARGET INVESTOR GROUPS Electronics, technical manufacturing, leather production and textiles, metal, plastic and wood processing, production of heating and ventilation equipment furniture INVESTORS RD SIGNS, I-DENTAL, INTUS WINDOWS

ŠIAULIAI AND KĖDAINIAI FEZ CONTACTS www.investmentpartner.lt GIEDRIUS VALUCKAS Member of the board giedrius.valuckas@kedfez.com +370 655 08374 ARTURAS KLANGAUSKAS Member of the board arturas@eika.lt +370 650 49136

10 insights about FDI investments in Lithuania 1. Stable GOV law & tax environment 2. Strong Municipality 3. FEZ MC professional team & local NETWORK 4. Value chain deep Know-How 5. Time to expand in region 6. Logistics & infrastructure ready 7. HR costs effectiveness & attitude 8. Professional development opp. 9. Flexible finance tools (EU, Gov, Munic., FEZ Co.) 10. Region deep SWOT & history compliance to BP

Simonas Petrulis President of Association of Free Economic Zones of Lithuania www.lafez.lt www.balticfez.com www.dipolis.eu Cell: +370 650 63041 Skype: Simonaspe