DOING THINGS RIGHT THE FIRST TIME



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PAGE 1 OF 14

PRESENTAZIONE E.QU.A. is a society that has as social subject the performance of technical services as well as activities performed as Inspection Body of Type A, II and III party inspections, expediting, supervision of tests and Pre-Shipment inspections specialized in the Oil&Gas and Power; planning and supply of welding qualifications and procedures, according to international codes and standards. Throughout the years, the various experiences matured and the high level of know-how and professionalism acquired have made it possible for E.QU.A. to coordinate and integrate the expert knowledge of their qualified technicians in a modern structure at the maximum level possible. The flexibility of the internal organisation has also made it possible to adapt its structure in order to satisfy the needs of their Clients, whether they be industrial groups or of a much smaller entity, guaranteeing high quality services. E.QU.A. s vision is that Quality is created by people, technology is only a tool for easing the process and not a substitute for humans. In addition, as we have already said, Quality is made by ALL THE PEOPLE, whatever their role may be within the company. Given that working with Quality is basically DOING THINGS RIGHT THE FIRST TIME PAGE 2 OF 14

E.QU.A. is an organization certified according to UNI EN ISO 9001:2008 standards. E.QU.A. has obtained the Ethical Certification SA8000. The certification guarantees transparent relationships between Company, workers and syndicates, controls the suppliers ethicality, improves the relationships between the institutions and, in complex, becomes an additional instrument to win contracts. SA8000 is a voluntary standard recognized internationally, where the purpose is to measure through a verification, executed by a Certifying organization (CSQ in our case), the level of ethicality and social responsibility of a company. Through SA8000 certification, the company demonstrates its commitment to accomplish procedures and politics that guarantee not prejudicial behaviours of personal dignities to all the Stakeholders of reference (the employees, the Society, the institutions, the Suppliers, Chamber of Commerce, Industrial Association). PAGE 3 OF 14

E.QU.A. is accredited as body for the Inspection of Type A according to the requirements of the standard UNI CEI EN ISO/IEC 17020 ed. 2012 in the following sectors: a) Industrial Products (according to the customer specification): - Manufacturing, control and witness test of products industrial part and welded structures; - Heat exchangers, boilers and pressure vessels new and functioning; - Fusion streams; - Rotating equipment new and functioning; - Valves; - Metallic and non metallic materials. b) Industrial Processes (according to the customer specification): - Welding processes; - Non destructive tests. PAGE 4 OF 14

E.QU.A. has become a member in good standing of IFIA (International Federation of Inspection Agencies), necessary to undertake Pre-Shipment Inspection activities. PAGE 5 OF 14

THE MAIN GUIDELINES 1) Expediting Inspection and Testing services. 2) Pre-Shipment Inspection 3) Evaluation of Technical Pamphlets and assistance to the Certification together with Notified Bodies, for norms and decrees as: 3.1 Italian Lgs.D. 329 dated 01/12/2004: Regulations of the norms for the installation and use of pressure equipments of Art.19 of Italian Lgs.D. n.93 dated 25/02/2000; 3.2 Italian Lgs.D. 233/03 dated 12/06/2003: Accomplishment of the Directive 199/92/CE relative to the minimum prescriptions for the improvement of the Safety and Health safeguard of the workers exposed to the risk of explosive environments; 3.3 Directive 97/23/CE Italian Lgs.D. 93 dated 23/02/2000: Accomplishment of Directive 97/23/CE in matter of pressure equipments; 3.4 Directive CPD 89/106/CEE: Certification of construction products. 4) Welder qualifications and welding procedures according to national and international codes and standards. PAGE 6 OF 14

A BRIEF ANALYSIS OF THE ACTIVITIES CARRIED OUT 1) II and III party Expediting, Inspection and Testing Expediting, Inspection and Testing services are surely the most delicate activities carried out by E.QU.A. Expediting, Inspection and Testing services are a strategic phase for the achievement of a good outcome for the fulfillment of any project. The Inspection/Testing activities are evaluations performed at the suppliers sites, on materials, products, machinery, plants or other components with the aim to assure the conformity against the requirements of the project on the base of the contractual specifications and the international standards of reference. Desk/Field Expediting activities are evaluations made at suppliers sites to confirm the materials contractual delivery dates. PAGE 7 OF 14

2) Management of 97/23 EC PED Directives DM 329/04 Surveillance during the construction and final tests of equipment, implants and skids. 3) Welder qualifications and welding procedures Welding (special process that allows to permanently combine solid parts, creating a continuity in the material) and braising (special process where two or more materials are joined by the use of a third dissimilar material) are two special processes that need qualified personnel according to standards defined by the Customer as UNI, ASME, AWS or other codes. E.QU.A. can provide the following qualifications services: WPQR/PQR: Welding Procedure Qualification Record; WPQ: Welder Performance Qualification. Guaranteeing the punctual respect of the qualitative standards requested by the certification standards of the Quality System, is an obligation of every Company that provides welding and braising processes. Even in this sector E.QU.A. offers to all Companies a qualified and punctual assistance thanks to a certified professionalism: International Welding Engineers and International Welding Technologists. Our personnel is qualified and recognized as welding and CND specialists, according to the UNI CEI EN ISO/IEC 17020 standard. PAGE 8 OF 14

OUR STAFF E.QU.A. s staff includes internal/external professionals and expert collaborators whose curriculums are archived at the company s premises and available upon request. Board of Directors PRE HSM QESM CD WRS WRSR COMPANY SECRETARY (Medri B ) ADM PRM COM WELDING TD Inspection body TM Welding PM IB PM PA PC Internal WI/WE Qualified External Technicians Inspectors Expert Technicians Legend: ADM = Administration CD= Company Doctor COM = Commercial HSM = Health and Safety Manager IB PM = Inspection Body Project Manager PA = Project Assistant PC = Project Coordinator PD = Purchase Department PM = Project Manager PRE = President QESM = Quality, Environment and Safety Manager TD = Technical Director TM = Technical Manager WI/WE = Welding Inspector / Welding Engineer WRS = Workers Representative for Safety WRSR = Workers Representative for the Social Responsibility PAGE 9 OF 14

MAIN CUSTOMERS A) Expediting, Inspection e Testing CUSTOMER AICO ALFA LAVAL PACKINOX ALSTOM POWER ITALIA SPA BENTINI SPA COMART SPA COSMI SPA DELTA SRL EMC ENI NORGE ENI SPA EUSEBI IMPIANTI SRL GREENSTREAM B.V. MAIRE TECNIMONT SPA JV SKEMA TOZZI RENCO SPA RENCO BELGIO SPA SAIPEM SPA SKEMA SPA SNAM RETE GAS TOZZI SUD SPA TRE SPA E.QU.A. is qualified in the following Vendor Lists: CUSTOMER AGIP KCO ALFA LAVAL PACKINOX, ALSTOM POWER SPA ARAB PETROLEUM PIPELINE CO BELAYIM PETROLEUM CO. PETROBEL COSMI GROUP EDISON SPA EGAS EGYPTIAN NATURAL GAS HOLDING COMPANY EGPC EGYPTIAN GENERAL PETROLEUM CORPORATION EMC EGYPTIAN MAINTENACE COMPANY ENI IRAQ BV ENI NORGE ENI SPA GAS PLUS ITALIANA SRL GEOGASSTOCK SPA PADANA ENERGIA SPA PETROJET PETROMAINT ALEXANDRIA PETROLEUM MAINTENACE CO RENCO SPA HEADQUARTERS SAUDI ARABIA FRANCE EGYPT NORWAY THE NETHERLANDS BELGIUM CROATIA HEADQUARTERS KAZAKHSTAN FRANCE EGYPT EGYPT EGYPT EGYPT IRAQ NORWAY EGYPT EGYPT PAGE 10 OF 14

RINA SPA ROSETTI MARINO SPA SAIPEM SPA SNAM RETE GAS TAP TRANS ADRIATIC PIPELINE AG TECNIMONT SPA TOTAL ITALIA SPA TOZZI GROUP B) Welders and welding procedures qualification, Directive 97/23 CE PED CUSTOMER AIS SRL AVI.COOP (AMADORI) B&G GAS BAMBINI MARIO SNC BONATTI BRUNO TADDEI CAMIMPIANTI SRL CAMILLOZZI CERQUETTI & C. SNC COMART CONTROL SNC COOMI SOC. COOP COSMI SPA CM SUD SRL CMI GROUP DIEFFE SRL DUE EMME ENDURA SPA EUROSERVICE EUSEBI IMPIANTI SRL G.I.&E. SPA GAS PLUS ITALIANA S.R.L. IMPRESA OSSOLANA SRL INIZIATIVE INDUSTRIALI SRL MANDOLINI MANUTENCOOP ME.G.A. SRL MICOPERI NUOVA SAIMAR OFFICINE COSTRUZIONI RAVENNA OMAR IMPIANTI SRL OMAR SNC PADANA ENERGIA S.P.A. PARESA SPA RAM POWER RENCO SPA RINA SERVICES S.P.A. RIVOIRA HEADQUARTERS PAGE 11 OF 14

CUSTOMER ROSETTI MARINO SPA SAMI SRL SAVINI SE.CO.M. SRL SERGEN SIC ADRIATICA SPA STA 2000 SRL TORRICELLI SRL UNIGRÀ SPA VILCAR SRL VINAVIL SPA HEADQUARTERS PAGE 12 OF 14

DOVE SIAMO La sede di E.QU.A. è situata nelle immediate vicinanze dell area industriale di Ravenna a cinque minuti d auto dal raccordo autostradale della A 14, ad un chilometro e mezzo dalla stazione ferroviaria di Ravenna, a 60 km dall aeroporto di Rimini, a 80 km da quello di Bologna e a 200 Km da quello di Venezia. E.QU.A. offices are located in an office building in the immediate vicinity of the industrial area of Ravenna (Italy), five minutes by car from the A14 motorway link up, 1,5 Km from the railway station of Ravenna, at 60 km from Rimini airport, at 80 km from Bologna airport and at 200 Km from Venice airport. Representative Offices: Milan (Italy): c/o Kent Service Srl Via Angelo Moro 109 20097 San Donato Milanese (MI) Bucarest (Romania): c/oemirom Grup Srl Stirbei Voda 26-28; Sector 1, Bucarest Zip 010113 Sofia (Bulgaria): c/o Wpro EOOD 165A Tzar Boris III Blvd Sofia 1618 Cairo (Egypt): c/o E.QU.A. Services Egypt Ltd Ismail Ramzi Street, 26 Heliopolis 11361 Cairo London (U.K.): c/o Wpro Ltd Chester House Fulham Green 81-83 Fulham High Street SW6 3JA Fulham London PAGE 13 OF 14

NAME AND IDENTIFICATION OF THE COMPANY Company name: E.QU.A. S.r.l. Headquarters: Via Pirano, 5-48122 Ravenna T.N. and VAT number: 01406730398 Economic and Administrative Directory no.: Ra. N 155535 Company register no.: Ra. N 30921 Share capital: 25.000,00 c.d. Year of foundation: 1997 Telephone number: 0544.591981 Fax number: 0544.591374 E-Mail: info@equasrlra.it PEC: equa@pec.equasrlra.it Web: www.equasrlra.it Referring banks: Banca Popolare dell Emilia Romagna Unicredit Banca PAGE 14 OF 14