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Investor Presentaiton

Strategic vertical integration: control over costs, quality and timing Etalon Group operates in every part of the property development process I | Land Acquisition and Permits Construction Materials (1) Funding Independence from suppliers, but only in crucial areas Design Effective Capital Recycling Construction Contracting and Commissioning 個 Tower Cranes (2) Sales and Marketing Control over costs, quality and timely delivery of projects Ongoing Maintenance and Service Business stability and lower risk of dependence on counterparties Understanding of customer needs (sales network throughout the country) (1) Brick plant and concrete products plant. Own production only for "bottleneck" construction materials. (2) 62 tower cranes (Liebherr and Wolff). Data as of 31.12.2015 Etalon Group Operating Results Landbank Valuation Financial Results Selected Projects Appendix 35 55
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