Cocona Competitive Landscape

1. A comparison of Cocona fabrics against other fabrics Cocona Competitive Landscape

2. Cocona Technology • Cocona™ is a patented technology • Cocona™ is made with activated carbon • The activated carbon structure is micro-porous. • This vast micro-pore structure differentiates the performance of Cocona™ fabrics from competitors • Cocona™ fabrics adsorb & disperse moisture, odor and UV light

3. Natural • Cocona™ is derived from naturally occurring coconut shells • Patagonia has accepted the Cocona™ product as being, sustainable, sourced as a by-product, and is free of hazardous chemicals • Cocona™ reduces the carbon foot profile of Cocona™ containing garments

4. Patented Technology • US Patent 7247374 Issued July 24, 2007 • World wide coverage • Patent claims all active particles • Patent claims a process to keep the particles active during processing • All activated carbons are covered in the patents • All surface active materials are covered in the patent

5. Active Particles odor, water • Defined: particles which interact physically or chemically with the surrounding environment • Physical interactions are adsorbance • Chemical interactions are catalyst, chemical changes • For active particles to work they need to be exposed to the environment, they can not be covered or coated. Active Particle Polymer

6. Technology Protect Carbon Process in yarn Remove Protective Layer

7. Cocona Yarn Images

8. Certification - Verification • Determine active particle is active • OAV Certification (ASTM D5742)‏ • Butane adsorbance • Determine fabric wets • Water Drop (AATCC 79)‏ • FlashDryTM Test • Wicking Height • UV Protection • AATCC 183

9. Cocona Benefits • FlashDryTM • Cooling Effect • UV Protection • Natural • Durable Technology • Easy Care

10. Anti-bacterial Kills bacteria that create some odors No UV Protection Not Natural Performance decrease with washing No Drying benefit Differentiators – Cocona vs Antibacterial • Activated Carbon • Adsorb odors • UV Protection • Natural • Durable • FlashDryTM

11. How do they process? Non-certified Performance variable Differentiators – Cocona vs Other Activated Carbon • Processed via patented technology • Adsorb odors • UV Protection • Natural • Durable • FlashDryTM

12. Bamboo Fiber fibers made from Bamboo wood viscose product has limited anti-bacterial properties poor wetting poor wicking poor drying is not an activate carbon Bamboo Products • Bamboo Activated Carbon • activated carbon product • how they keep the carbon active is unknown • has different pore size compared to coconut activated carbon • refresh temperature is higher than coconut activated carbon • is not anti-bacterial/microbial • absorbs ammonia

13. Adsorbance • Reversible process • Exothermic process (releases heat)‏ • Temperature dependant process • Size dependant process Temp +

14. Odor Molecules

15. Odor Test Methods • Cocona Inc uses ASTM D 5742 • Butane adsorbance • determines if the process worked properly • used for certification purposes • Other Methods • Ammonia removal test (SGS Detective Tube Method)‏ • Acetic Acid removal test (SGS Detective Tube Method)‏ • Anti-bacterial test (AATCC 6538)‏ • Scent-Lok test • Artificial nose

16. Quick Drying Mechanism • Experimental data shows Cocona fabrics dry faster compared to the same non-Cocona fabric (Dryer testing, 0.2mL water drop test, hang drying)‏ • Known facts: • Activated carbon has a huge surface area (1000 m2/g)‏ • Adsorbance is an exothermic process (releases heat)‏ • Cocona fabrics have exposed activated carbon surface area and adsorb butane

17. Quick Drying • The largest part of Apparel's carbon footprint is the washing & drying (82% of the life time energy consumption)‏ • Manufacturing, disposal, & packaging makes up remaining 18% • Cocona™ fabrics reduce the amount of drying by 50 to 1000 % in comparison to current competitive products • When blending Cocona™ with cotton similar results occur versus other poly/cotton blends

18. Carbon Footprint Independent studies show that most of the energy consumption involved with apparel pertains to after a garment is manufactured. Washing and drying consume far more energy than the actual manufacturing process.

19. Energy Footprint

20. Dryer Energy Use Comparison to Cocona™

21. FlashDryTM Test Method

22. FlashDryTM • FlashDryTM fabrics are defined by drying in 120 seconds using the FlashDry™ testing method • This corresponds to a 10 minute dryer dry time for a Polo Shirt • FlashDryTM fabrics will be branded accordingly in TexBase

23. Cooling Effect • Evaporating perspiration is the body’s cooling mechanism • Cocona™ has a large amount of surface area because of the porous surface area of particles on the surface of the yarn • Not only wicks faster but dries 50% faster • Wear testers emphasize a perceptible “cool effect” • Additionally Dry in winter (fleece) = warm

24. UV Protection • “It is estimated that over 1 million new cases of skin cancer occur annually in USA.” MedicineNet inc. • UVA and UVB rays absorbed naturally • Up to 50 UPF (Ultraviolet Protection Factor)‏ • No chemical treatments • Will not wear out or wash off

25. Cocona™ UV Protection Comparison

26. Durable • Cocona™ technology is permanently embedded within the fiber. • Will not wear out. • Will not wash off. • In fact it works better after washing!!

27. Reliable • Cocona™ fabric technology is developed, tested and certified. • It is tested and certified through the manufacturing process. • The performance of every Cocona™ fabric is measured to ensure reliable benefits for your customer.

28. Easy Care • Cocona™ fabrics dry quickly • Cocona™ technology is refreshed with normal washing and drying • Cocona™ fabrics are wrinkle resistant