Capital Markets Day 14 March 2017

1. Capital Markets Day 14 March 2017

2. Agenda and presenters Aspocomp’s global supply chain AnttiOjala, VP Business Development Aspocomp’s Strategy Mikko Montonen, CEO Aspocomp’s customer segments and solutions Tero Päärni, VP Sales Financials Jouni Kinnunen, CFO Capital Markets Day

3. GLOBAL SUPPLY CHAIN AnttiOjala VP Business Development

4. Mission and vision behind our global supply chain strategy Mission • To supply cost effectively PCBs with the right quality for customers’ demands • To be aware of the Chinese supplier market in order to be able to offer solutions to customers’ requirements in the future • Vision • Aspocomp to have a stable, balanced and reliable low-cost volume supplier base in China Capital Markets Day

5. Global supply chain with nine factories in Asia • Since 2011, Aspocomp has started to put emphasis on volume supply services • Today, Aspocomp has 9 audited and approved factories • Dedicated logistics andquality assurance organizationin Finland and in China SHANGHAI LONGCHUAN QINGYUAN GUANGZHOU ZONGSHAN SHENZHEN X 4 VOLUME FACTORIES IN CHINA Capital Markets Day

6. Challenges that customers are facing in the global PCB markets • Price as a differentiating factor in the competition • Customer’s customers more and more interested in the price  Clear cost pressure from many directions • Competition, products and legislation becoming more complicated • Tightening reliability requirements Common challenge is the combining of affordable unit costs with high quality and reliability requirements Capital Markets Day

7. Aspocompbrings added value to electronics supply chain • Commercial aspects • Logistics services • Supplier management • Technical support • Quality assurance & control Technical support Qualityassurance & control Logisticsservices Supplier management Commercial aspects Capital Markets Day

8. 1. Commercial aspects • Aspocomp offers a single point of contact for all technologies • Support in combining affordable unit costs with high quality and reliability requirements • According to Aspocomp’s customer satisfaction survey, 100% of Aspocomp’s customers recommended Aspocomp • Global supply chain • Commercial team in Europe and China • Lean and efficient organization Technical support Quality assurance & control Logistics services Supplier management Commercial aspects Capital Markets Day

9. 2. Logistics services • Single point of contact for all logistics related issues • Provision of detailed information about shipments in advance • Multi-model transportation possibilities (air, sea, truck and their combinations) • Optimization of logistics brings cost savings Technical support Qualityassurance & control Logisticsservices Supplier management Commercial aspects Capital Markets Day

10. 3. Supplier management • Carefully drafted agreements and negotiations in Asia • Carefully selected and audited factories • As a PCB manufacturer, Aspocomp has excellent expertise and experience in managing and training volume factories • We are making PCBs – our customers (or traders) aren’t • Excellent relationship with the factories Technical support Qualityassurance & control Logisticsservices Supplier management Commercial aspects Capital Markets Day

11. 4. Technical support • Aspocomp’s technical expertise and technical support are world class • Local technical support organization both in Europe and in China • One point of contact for all technologies • All possible technologies available Technical support Qualityassurance & control Logisticsservices Supplier management Commercial aspects Capital Markets Day

12. 5. Quality assurance & control • Long experience in manufacturing demanding PBCs • Global perspective: Own quality personnel in Asia doing close cooperation with the European quality organization • Single point of contact for all quality related issues • Smooth process for handling potential reclamations Technical support Qualityassurance & control Logisticsservices Supplier management Commercial aspects Capital Markets Day

13. Volume supply partner profiles Layer count, complexity Advanced HDI, high layer count ML, flex High capability & volume TS16949 certified, 2 plants in China (Shanghai and Guangzhou) HDI, ML (Shenzhen) Small to medium Volumes TS16949 Certified 18-L / HDI DS, ML (Qingyuan) Very small volumes TS16949 Certified Standard ML 2-12L (Zhongshan) High volume TS16949 certified Standard ML, 2 factories (Shenzhen and Longchuan) Medium volume TS16949 certified 8-L DS, ML (Shenzhen) Very small volumes TS16949 Certified 4-L 2-L STH, SCO, CPTH (Shenzhen) TS16949 certified 1-L Batch size 0 m2 10 m2 20m2 30m2 40m2 Capital Markets Day

14. Purchasing portfolio analysis Difficult to change Aspocomp’s focus Low volume High volume Easy to change Presentation to ACG Board

15. Aspocomp’s supplier selection process Process initiated by Aspocomp’s volume supplier strategy and/or customer’s technology need Used Standard: VDA 6.3 German Automotive Standard Suppliers assessed every two years Capital Markets Day

16. Strategic targets for supply chain management • Taking price, quality, delivery accuracy and environmental & social issues into account, most economical total landed cost sourcing • Balanced supplier base • Avoiding single sourcing situations, risk management • Not too many suppliers, we must have convincing purchase power at each supplier • Rightness of the offered technologies Presentation to ACG Board

17. Summary of Aspocomp’s strengths in supply chain management Widetechnology portfolio Strong partners in portfolio Local organization in China Technicaland commercialknowledge Own production strengthens our credibility Cross-trading logistics routines with existing customers Performance, DA and DQ Bringing added value to electronics supply chain Capital Markets Day