8/9/2019 Hestevik

1/20

Company presentations

CG Holding ASand

One Earth Technology Group AS(OETG)

8/9/2019 Hestevik

2/20

CG Holding AS Among the largest privately held conglomerates in Norway focusing

on retail, travel, real estate and renewable energy (OETG).

Innovative management of well known Brands

Established in 1989. 100% owned by Chairman of the Board andCEO Atle Brynestad

Several companies within the group have been in operation for morethan 100 years the oldest since 1739

2007: Approx. 2700 employees. Turnover: NOK 3,6 billion(approximately 700 million US Dollars)

8/9/2019 Hestevik

3/20

Our core sectors

Retail (1/2)

Hadeland Glassverk (1762); Norways oldest company in continuos

industrial production www.hadeland-glassverk.no

Porsgrunds Porselnsfabrik (1885); Norways only producer ofhighfired feldspar porcelain www.porsgrund.com

Christiania GlasMagasin (1739); Norways oldest china andglassware store. 70 stores in Norway in 2006 www.cg.no

http://www.hadeland-glassverk.no/http://www.porsgrund.com/http://www.cg.no/http://www.cg.no/http://www.porsgrund.com/http://www.hadeland-glassverk.no/http://www.hadeland-glassverk.no/http://www.hadeland-glassverk.no/

8/9/2019 Hestevik

4/20

Our core sectors

Retail (2/2)

Duka (1962); everyday lifestyle stores with attractive location and 73stores all over Sweden www.duka.se

Granit (1997); interior chain stores located in Sweden and Norway.Total of ten stores in the two countries www.granit.com

Steninge Slott (1705); culture center and baroque building inStockholm, Sweden www.steningeslott.com

Vigeland & Co (1994), among the largest suppliers in design, giftsand events www.vigeland.com

http://www.duka.se/http://www.granit.com/http://www.steningeslott.com/http://www.vigeland.com/http://www.vigeland.com/http://www.steningeslott.com/http://www.granit.com/http://www.duka.se/

8/9/2019 Hestevik

5/20

Our core sectorsTravel-business and real estate SeaDream Yacht Club (2001); the luxury yachts SeaDream I and

SeaDream II are ranked at the highest level in the service industry.www.seadream.com

Briksdalen Eiendom (1993); develops, operates and manages realestate www.briksdalen.no

http://www.seadream.com/http://www.briksdalen.no/http://www.briksdalen.no/http://www.seadream.com/

8/9/2019 Hestevik

6/20

Our core sectors

Other companies

Visendi (2000); Norwegian advertising, web and analysis company

www.visendi.no

Think (1990); norwegian electric vehicle producer. CG Holding owns6,7 % www.think.no

http://www.visendi.no/http://www.think.no/http://www.think.no/http://www.visendi.no/

8/9/2019 Hestevik

7/20

1.10.2008

Company structure: One Earth Technology Group ASPr. 1. October 2008(100% ownership where not mentioned %)

Brynestadgruppen ASOrg. nr. 986 752 773

ABRVVS & Energi AS

986 521 739

One EarthTechnology Group AS

Org.nr. 991 670 912

Hurum Paper Mill ASOrg.nr. 991 669 507

Electro PulseTechnologies AS

Org.nr. 974 699 443

Resonator ASOrg.nr: 987 378 786

90,1 %

One Earth Energy ASOrg.nr. 991 546 049

Tcksfors Paper ABSweden

Drilling solutions for

offshore andgeothermal applications.

Energy installation of

solar panels andbio-energy boilers

Environmetal friendly

solutions for solvinghumidity problems.

Renewable energy

solutions forconsumers.

Recycling of cartonsand manufacturing ofpaper bags

SirkelEngines ASs

34 %

Development of lowtemperature energyconverters.

Total number of employees, NOT including Hurum Paper Mill and Tcksfors Paper AB : 40Working capital : 57 MNOK.

8/9/2019 Hestevik

8/20

Our sister company group: 1/2One Earth Technology Group AS (Holding company)

Resonator AS (2007);Engineering company, developing anelectric linear hammer tool for application in geothermal drillingapplications and intervention & drilling operations offshore.www.resonator.no

http://www.resonator.no/http://www.resonator.no/

8/9/2019 Hestevik

9/20

Our sister company group: 1/2One Earth Technology Group AS (Holding company)

Electro Puls Technologies AS(1990); Specializing inenvironmentally friendly drying of concrete constructions, reducingenergy consumption and creating a healthy environment. Energysupply also from renewable sources. www.electropulstechnology.no

http://www.electropulstechnology.no/http://www.electropulstechnology.no/

8/9/2019 Hestevik

10/20

Our sister company group: 1/2One Earth Technology Group AS (Holding company)

ABR VVS & Energy AS (1995):Installation company, installingenergy efficient solutions in houses and buildings as retrofit.www.abr.no

http://www.abr.no/http://www.abr.no/

8/9/2019 Hestevik

11/20

One Earth Technology Group AS (Holding company)

One Earth Energy AS:Engineering company responsible for R&Din the area of renewable energy and energy efficient solutions.Business:Distribution of energy efficient products for localproduction of energy.www.oneearthenergy.no

http://www.oneearthenergy.no/http://www.oneearthenergy.no/

8/9/2019 Hestevik

12/20

One Earth Technology Group AS (Holding company)

Hurum Papermill AS:The only Norwegian paper factory withproduction of recycled paper used in paperbags, tapetstry andwrapping paper in Norway. www.hurumpapermill.no

Closing down on 31.Desember 2008,as there were no customers (inculuding the state and officialpromoters of environmental friendly consumptionwilling to pay for recycled paper, as this has to compete with paper

from Russia and other low cost countries supplying fresh paper, andpurchase was the redirected to cost saving and not environmetalfriendly alternatives. (The difference between intentions andpractice.)

http://www.hurumpapermill.no/http://www.hurumpapermill.no/

8/9/2019 Hestevik

13/20

R&D activities in OETG:

Development activity: Geothermal:(Resonator AS)

Development of an electric linear hammer solution, based upon ownproprietary technology. (Resonator AS) Adapt the hammer to speed up geothermal drilling time by 4 times.

(Reduced cost) (NEMEK AS) Development of low temperature energy converters. Less than 200

degrees Celcius to electricity. (SirkelEngine AS)

8/9/2019 Hestevik

14/20

R&D activities in OETG:

Development: Thermal generationOne Earth Energy AS & SirkeleEngine AS:

Development of substrates for use in thermal generation applications(One Earth Energy AS)

Up-scaling of substrates and componentry to achieve economy(Compact Power Circuits AS)

Protect the unique process related to manufacturing of substrates.(IPR)

Low temperature (< 200 degrees C) energy converters andconvectors are under test at our site at UMB. (Last 12 years)

8/9/2019 Hestevik

15/20

R&D activities in OETG:

Research: BioHydrogen

New activity based upon studies upon business potential anddistribution potential.

Distributed production of Hydrogen (project application initiated withBioforsk & UMB)

Scaling of process Bio-reactor equipment (Own developmentprepared at OETG) Own manufacturing facilities for glass andceramics needed for ultra clean processes.

Produce, licence, deliver, install, operate, and/or own, and /or financelocal and economically feasable local production units for Hydrogen,Biomass and CO2 capture, in partnership with local companies andrepresentatives WW. (Distribution & WW logistics is our experience.)

8/9/2019 Hestevik

16/20

Partnerships: 1/2

Geothermal: The Norwegian partners are: Nemek AS, Telemark a manufacturer of drilling

rigs, and their partners in offshore industry An ongoing research activity at NTNU (Technical University), in Norway over

the last 6 years. A research program has covered the initial research on low temperature

energy converters. (Hot water to electricity) A research program at UMB overthe last 12 years.Partner: SirkelEngine AS, owned 34 %.

Thermal generation: Development of substrates for thermal generation.

Partner: The University of Environment and Sciences at s, Norway Our own development related to substrates that are backed by proprietary

process knowledge. (Own facility at the University UMB.) Own IPR strategy related to processing.

8/9/2019 Hestevik

17/20

Partnerships: 2/2Hydrogen:

Distributed production of Hydrogen from Algea (project application withBioforsk and UMB.

WW search for manufacturers of Bioreactors, that can assist in an

early implementation of complete scaled up processing equipment.(Student project at UMB)

The build of a network with Universities (IIT Kharagpur, UppsalaUniversity, UMB, NTNU) are crusial to the recruitment of skilledpersonell, also for our company and our future partners in India.

These NEW business opportunities require competence that todaydoes not exist.

8/9/2019 Hestevik

18/20

Planned Research activities (OETG):Project application: From Algae to Hydrogen

OETG

OEEProject entity

StatoilContact/Interest

LyseContact/interest

UMB

BioForsk

NTNUHydrogen

ITMFish food

Center ofRenewable

Energy

Uppsala

Norwegian industry

Corporations

Universities

Institutes

Registeredpotential industrial

partners

Link to other

Universities

IITKharagpur

OETGIndustrial contact

KTPSTISCO

Planned partners.Communicationestablished.

8/9/2019 Hestevik

19/20

One Earth Technology Group AS (OETG):

Vision: Syncronizing mankind and nature.Goal: Contribute WW with business opportunities

that have international impact.

Cooperate internationally and share business

opportunities, fast.Strategy: Contribute where capacity and competence

are lean and mean and pay-back is obviousand real.

Action: Challenge own competence and invite to

cooperation and sharing of opportunitiesinternationally. Be active in accordance with

opportunities for maximum impact.

8/9/2019 Hestevik

20/20

One Earth Technology Group AS (OETG):

Thank you for yourattention !