Investor Presentaiton

4 GRAMMER GROUP HIGHLIGHTS 1-9 2018 - BCA & PUBLIC TENDER OFFER BCA secures GRAMMER's independence and future development GRAMMER A B Continued Independence of GRAMMER Commitment to Workforce, Footprint & Employees C Support for GRAMMER'S Corporate Governance Support of GRAMMER'S D Brand and Global Strategy E Protection of Know-How and Intellectual Property " Unless recommended by Executive or Supervisory Board with a simple majority *) **) For commitments mentioned on this page, 5 years for non-German locations No changes to the company's legal form as a stock exchange listed corporation No change of name or seat & headquarters of GRAMMER AG Integrity of GRAMMER to be preserved, no sale or break-up of the business No intention to conclude domination agreement*, no squeeze-out or other similar structural measures Continuation of existing financing and dividend policy Jifeng acknowledges the importance of GRAMMER's excellent workforce & manufacturing processes Collective bargaining agreements or other incentive schemes & similar arrangements will be honored Recognition of co-determination ("Mitbestimmung") and rights of employees, work councils and unions Employment levels and manufacturing footprint to be maintained Commitment for 7.5 years from today** Composition of GRAMMER AG's Executive Board to remain unchanged*** GRAMMER AG Executive Board will continue to independently run the business GRAMMER AG Supervisory Board will retain its current size and structure No changes to existing equal co-determination in the Supervisory Board of GRAMMER AG Jifeng envisages to nominate 2 members to the Supervisory Board over time (elected by the AGM) Ningbo Jifeng will support the organic and external growth strategy Ningbo Jifeng will support GRAMMER's global footprint and manufacturing sites Ningbo Jifeng will support necessary investments to maintain the group's sites Consistent approach of GRAMMER and Ningbo Jifeng towards customer and suppliers No changes to GRAMMER brand Jifeng recognizes the importance of GRAMMER's focus on innovations, products & processes Ningbo Jifeng supporting necessary R&D spending All intellectual property of GRAMMER will remain within the company Furthermore, Ningbo Jifeng commits not to transfer any know-how****, technologies or key staff which may adversely affect GRAMMER ***) Unless GRAMMER's business ceases to be stable and healthy (material abnormity) and management fails to undertake appropriate measures in a timely manner ****) Unless made at arm's length © 2018 GRAMMER AG - Investor Presentation November 2018 Page 19

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