I Avenir Telecom amp Energizer the strategic partnership

II Mobile industry a fast paced growing global market

III Developing an Energizer range of products tailored to

the consumers needs

IV Our strategy to conquer the global market

V Financial data

Table of contents

Avenir Telecom amp Energizer The strategic partnership

Designs and distributes mobile phones and accessories

under the Energizer licence worldwide

Years of experience Exclusive licence since 2010

employees worldwide

Total mobile phones

and accessories sold

countries covered Listed since 1998

Expert in the mobile industry for 30 yrs

105 M

450 55

1st manufacturer worldwide

share growth 2016-2017 Total net sales

Energizer Holdings 2017 countries covered

Global brand

awareness

Worldrsquos leading manufacturer of batteries

$17Bn 140

96

+ 27

DNA Power Long lasting Positive Energy

Energizer amp Eveready brands

ranked 1 and 2

1 2

The strategic and solid partnership

between two experts

years of experience

in mobile industry

55 covered

30 millions mobiles sold

worldrsquos leading battery

manufacturer

140 covered

6 billion batteries sold year

96 global brand awareness

75 millions accessories sold

since

2010

st

Expansion of the partnership since 2010

bull From mobile accessories to mobile phones

Chargers cables Memory surge protection Cases Hardcase mobiles

bull From the EMEA to the World

EMEA

2010 2012

+ APAC + LATAM

2017

+ North Am = WORLD

+ + +

2010 2014-2015 2016 2017

All mobile phones

Led by a performant team

in an agile organisation

Product design and

marketing

Support functions

Finance Legal HR

Communication

Sourcing amp purchasing

in direct collaboration

with the teams in

China

Outsourced manufacturing

in China (fabless)

International

sales team

Outsourced logistics

evolving in line with the

business

Distribution network

gt 55 countries

Quality control office

in China

gt gt gt

Mobile industry a fast paced

growing global market

expected growth phones sold

frequency of phone upgrade market value in 2017

by 2022 in 2022

Major development opportunities on the

mobile market

Source IDC

LEADERS (high end)

The trend towards high-end positioning of the global leaders is leaving room

for mid-range manufacturers to grow and to gain market share

Mid-range manufacturers are gaining

market share

Source IDC 2017

40

60

Leaders

Mid-range

Mid-range mobile market

Market share

MID-RANGE manufacturers

10

0

20

40

60

80

100

2017 2018 2019 2020 2023

64 68

72 77

93 Market value in billions US$

+45 growth between 2017 and 2023

Exponential growth of the accessories

market driven by Asia

50

20

13

17 ROW

Europe

North Am

APAC

Source Statista

Avenir Telecom amp Energizer The strategic partnership

Designs and distributes mobile phones and accessories

under the Energizer licence worldwide

Years of experience Exclusive licence since 2010

employees worldwide

Total mobile phones

and accessories sold

countries covered Listed since 1998

Expert in the mobile industry for 30 yrs

105 M

450 55

1st manufacturer worldwide

share growth 2016-2017 Total net sales

Energizer Holdings 2017 countries covered

Global brand

awareness

Worldrsquos leading manufacturer of batteries

$17Bn 140

96

+ 27

DNA Power Long lasting Positive Energy

Energizer amp Eveready brands

ranked 1 and 2

1 2

The strategic and solid partnership

between two experts

years of experience

in mobile industry

55 covered

30 millions mobiles sold

worldrsquos leading battery

manufacturer

140 covered

6 billion batteries sold year

96 global brand awareness

75 millions accessories sold

since

2010

st

Expansion of the partnership since 2010

bull From mobile accessories to mobile phones

Chargers cables Memory surge protection Cases Hardcase mobiles

bull From the EMEA to the World

EMEA

2010 2012

+ APAC + LATAM

2017

+ North Am = WORLD

+ + +

2010 2014-2015 2016 2017

All mobile phones

Led by a performant team

in an agile organisation

Product design and

marketing

Support functions

Finance Legal HR

Communication

Sourcing amp purchasing

in direct collaboration

with the teams in

China

Outsourced manufacturing

in China (fabless)

International

sales team

Outsourced logistics

evolving in line with the

business

Distribution network

gt 55 countries

Quality control office

in China

gt gt gt

Mobile industry a fast paced

growing global market

expected growth phones sold

frequency of phone upgrade market value in 2017

by 2022 in 2022

Major development opportunities on the

mobile market

Source IDC

LEADERS (high end)

The trend towards high-end positioning of the global leaders is leaving room

for mid-range manufacturers to grow and to gain market share

Mid-range manufacturers are gaining

market share

Source IDC 2017

40

60

Leaders

Mid-range

Mid-range mobile market

Market share

MID-RANGE manufacturers

10

0

20

40

60

80

100

2017 2018 2019 2020 2023

64 68

72 77

93 Market value in billions US$

+45 growth between 2017 and 2023

Exponential growth of the accessories

market driven by Asia

50

20

13

17 ROW

Europe

North Am

APAC

Source Statista

Designs and distributes mobile phones and accessories

under the Energizer licence worldwide

Years of experience Exclusive licence since 2010

employees worldwide

Total mobile phones

and accessories sold

countries covered Listed since 1998

Expert in the mobile industry for 30 yrs

105 M

450 55

1st manufacturer worldwide

share growth 2016-2017 Total net sales

Energizer Holdings 2017 countries covered

Global brand

awareness

Worldrsquos leading manufacturer of batteries

$17Bn 140

96

+ 27

DNA Power Long lasting Positive Energy

Energizer amp Eveready brands

ranked 1 and 2

1 2

The strategic and solid partnership

between two experts

years of experience

in mobile industry

55 covered

30 millions mobiles sold

worldrsquos leading battery

manufacturer

140 covered

6 billion batteries sold year

96 global brand awareness

75 millions accessories sold

since

2010

st

Expansion of the partnership since 2010

bull From mobile accessories to mobile phones

Chargers cables Memory surge protection Cases Hardcase mobiles

bull From the EMEA to the World

EMEA

2010 2012

+ APAC + LATAM

2017

+ North Am = WORLD

+ + +

2010 2014-2015 2016 2017

All mobile phones

Led by a performant team

in an agile organisation

Product design and

marketing

Support functions

Finance Legal HR

Communication

Sourcing amp purchasing

in direct collaboration

with the teams in

China

Outsourced manufacturing

in China (fabless)

International

sales team

Outsourced logistics

evolving in line with the

business

Distribution network

gt 55 countries

Quality control office

in China

gt gt gt

Mobile industry a fast paced

growing global market

expected growth phones sold

frequency of phone upgrade market value in 2017

by 2022 in 2022

Major development opportunities on the

mobile market

Source IDC

LEADERS (high end)

The trend towards high-end positioning of the global leaders is leaving room

for mid-range manufacturers to grow and to gain market share

Mid-range manufacturers are gaining

market share

Source IDC 2017

40

60

Leaders

Mid-range

Mid-range mobile market

Market share

MID-RANGE manufacturers

10

0

20

40

60

80

100

2017 2018 2019 2020 2023

64 68

72 77

93 Market value in billions US$

+45 growth between 2017 and 2023

Exponential growth of the accessories

market driven by Asia

50

20

13

17 ROW

Europe

North Am

APAC

Source Statista

1st manufacturer worldwide

share growth 2016-2017 Total net sales

Energizer Holdings 2017 countries covered

Global brand

awareness

Worldrsquos leading manufacturer of batteries

$17Bn 140

96

+ 27

DNA Power Long lasting Positive Energy

Energizer amp Eveready brands

ranked 1 and 2

1 2

The strategic and solid partnership

between two experts

years of experience

in mobile industry

55 covered

30 millions mobiles sold

worldrsquos leading battery

manufacturer

140 covered

6 billion batteries sold year

96 global brand awareness

75 millions accessories sold

since

2010

st

Expansion of the partnership since 2010

bull From mobile accessories to mobile phones

Chargers cables Memory surge protection Cases Hardcase mobiles

bull From the EMEA to the World

EMEA

2010 2012

+ APAC + LATAM

2017

+ North Am = WORLD

+ + +

2010 2014-2015 2016 2017

All mobile phones

Led by a performant team

in an agile organisation

Product design and

marketing

Support functions

Finance Legal HR

Communication

Sourcing amp purchasing

in direct collaboration

with the teams in

China

Outsourced manufacturing

in China (fabless)

International

sales team

Outsourced logistics

evolving in line with the

business

Distribution network

gt 55 countries

Quality control office

in China

gt gt gt

Mobile industry a fast paced

growing global market

expected growth phones sold

frequency of phone upgrade market value in 2017

by 2022 in 2022

Major development opportunities on the

mobile market

Source IDC

LEADERS (high end)

The trend towards high-end positioning of the global leaders is leaving room

for mid-range manufacturers to grow and to gain market share

Mid-range manufacturers are gaining

market share

Source IDC 2017

40

60

Leaders

Mid-range

Mid-range mobile market

Market share

MID-RANGE manufacturers

10

0

20

40

60

80

100

2017 2018 2019 2020 2023

64 68

72 77

93 Market value in billions US$

+45 growth between 2017 and 2023

Exponential growth of the accessories

market driven by Asia

50

20

13

17 ROW

Europe

North Am

APAC

Source Statista

The strategic and solid partnership

between two experts

years of experience

in mobile industry

55 covered

30 millions mobiles sold

worldrsquos leading battery

manufacturer

140 covered

6 billion batteries sold year

96 global brand awareness

75 millions accessories sold

since

2010

st

Expansion of the partnership since 2010

bull From mobile accessories to mobile phones

Chargers cables Memory surge protection Cases Hardcase mobiles

bull From the EMEA to the World

EMEA

2010 2012

+ APAC + LATAM

2017

+ North Am = WORLD

+ + +

2010 2014-2015 2016 2017

All mobile phones

Led by a performant team

in an agile organisation

Product design and

marketing

Support functions

Finance Legal HR

Communication

Sourcing amp purchasing

in direct collaboration

with the teams in

China

Outsourced manufacturing

in China (fabless)

International

sales team

Outsourced logistics

evolving in line with the

business

Distribution network

gt 55 countries

Quality control office

in China

gt gt gt

Mobile industry a fast paced

growing global market

expected growth phones sold

frequency of phone upgrade market value in 2017

by 2022 in 2022

Major development opportunities on the

mobile market

Source IDC

LEADERS (high end)

The trend towards high-end positioning of the global leaders is leaving room

for mid-range manufacturers to grow and to gain market share

Mid-range manufacturers are gaining

market share

Source IDC 2017

40

60

Leaders

Mid-range

Mid-range mobile market

Market share

MID-RANGE manufacturers

10

0

20

40

60

80

100

2017 2018 2019 2020 2023

64 68

72 77

93 Market value in billions US$

+45 growth between 2017 and 2023

Exponential growth of the accessories

market driven by Asia

50

20

13

17 ROW

Europe

North Am

APAC

Source Statista

Expansion of the partnership since 2010

bull From mobile accessories to mobile phones

Chargers cables Memory surge protection Cases Hardcase mobiles

bull From the EMEA to the World

EMEA

2010 2012

+ APAC + LATAM

2017

+ North Am = WORLD

+ + +

2010 2014-2015 2016 2017

All mobile phones

Led by a performant team

in an agile organisation

Product design and

marketing

Support functions

Finance Legal HR

Communication

Sourcing amp purchasing

in direct collaboration

with the teams in

China

Outsourced manufacturing

in China (fabless)

International

sales team

Outsourced logistics

evolving in line with the

business

Distribution network

gt 55 countries

Quality control office

in China

gt gt gt

Mobile industry a fast paced

growing global market

expected growth phones sold

frequency of phone upgrade market value in 2017

by 2022 in 2022

Major development opportunities on the

mobile market

Source IDC

LEADERS (high end)

The trend towards high-end positioning of the global leaders is leaving room

for mid-range manufacturers to grow and to gain market share

Mid-range manufacturers are gaining

market share

Source IDC 2017

40

60

Leaders

Mid-range

Mid-range mobile market

Market share

MID-RANGE manufacturers

10

0

20

40

60

80

100

2017 2018 2019 2020 2023

64 68

72 77

93 Market value in billions US$

+45 growth between 2017 and 2023

Exponential growth of the accessories

market driven by Asia

50

20

13

17 ROW

Europe

North Am

APAC

Source Statista

Led by a performant team

in an agile organisation

Product design and

marketing

Support functions

Finance Legal HR

Communication

Sourcing amp purchasing

in direct collaboration

with the teams in

China

Outsourced manufacturing

in China (fabless)

International

sales team

Outsourced logistics

evolving in line with the

business

Distribution network

gt 55 countries

Quality control office

in China

gt gt gt

Mobile industry a fast paced

growing global market

expected growth phones sold

frequency of phone upgrade market value in 2017

by 2022 in 2022

Major development opportunities on the

mobile market

Source IDC

LEADERS (high end)

The trend towards high-end positioning of the global leaders is leaving room

for mid-range manufacturers to grow and to gain market share

Mid-range manufacturers are gaining

market share

Source IDC 2017

40

60

Leaders

Mid-range

Mid-range mobile market

Market share

MID-RANGE manufacturers

10

0

20

40

60

80

100

2017 2018 2019 2020 2023

64 68

72 77

93 Market value in billions US$

+45 growth between 2017 and 2023

Exponential growth of the accessories

market driven by Asia

50

20

13

17 ROW

Europe

North Am

APAC

Source Statista

Mobile industry a fast paced

growing global market

expected growth phones sold

frequency of phone upgrade market value in 2017

by 2022 in 2022

Major development opportunities on the

mobile market

Source IDC

LEADERS (high end)

The trend towards high-end positioning of the global leaders is leaving room

for mid-range manufacturers to grow and to gain market share

Mid-range manufacturers are gaining

market share

Source IDC 2017

40

60

Leaders

Mid-range

Mid-range mobile market

Market share

MID-RANGE manufacturers

10

0

20

40

60

80

100

2017 2018 2019 2020 2023

64 68

72 77

93 Market value in billions US$

+45 growth between 2017 and 2023

Exponential growth of the accessories

market driven by Asia

50

20

13

17 ROW

Europe

North Am

APAC

Source Statista

expected growth phones sold

frequency of phone upgrade market value in 2017

by 2022 in 2022

Major development opportunities on the

mobile market

Source IDC

LEADERS (high end)

The trend towards high-end positioning of the global leaders is leaving room

for mid-range manufacturers to grow and to gain market share

Mid-range manufacturers are gaining

market share

Source IDC 2017

40

60

Leaders

Mid-range

Mid-range mobile market

Market share

MID-RANGE manufacturers

10

0

20

40

60

80

100

2017 2018 2019 2020 2023

64 68

72 77

93 Market value in billions US$

+45 growth between 2017 and 2023

Exponential growth of the accessories

market driven by Asia

50

20

13

17 ROW

Europe

North Am

APAC

Source Statista

LEADERS (high end)

The trend towards high-end positioning of the global leaders is leaving room

for mid-range manufacturers to grow and to gain market share

Mid-range manufacturers are gaining

market share

Source IDC 2017

40

60

Leaders

Mid-range

Mid-range mobile market

Market share

MID-RANGE manufacturers

10

0

20

40

60

80

100

2017 2018 2019 2020 2023

64 68

72 77

93 Market value in billions US$

+45 growth between 2017 and 2023

Exponential growth of the accessories

market driven by Asia

50

20

13

17 ROW

Europe

North Am

APAC

Source Statista

10

0

20

40

60

80

100

2017 2018 2019 2020 2023

64 68

72 77

93 Market value in billions US$

+45 growth between 2017 and 2023

Exponential growth of the accessories

market driven by Asia

50

20

13

17 ROW

Europe

North Am

APAC

Source Statista

Innovation is boosting

the growth of strategic segments

Latest technology innovation trends

Wireless technology Fast charge

Charge and protection 60 of the global market

Global market by product type 2017

Chargers amp batteries (40) Audio (25) Protection (20) Others (15)

Power Deliverytrade

Reinforced protection

Source IDC

Developing an Energizer range

tailored to the customers needs

Rugged shockproof

and waterproof

Extra powerful batteries

4000 mAh minimum

Best value for money

22 models available by the end of 2018

Battery with higher capacity than the average market offer

Phones equipped with powerful

batteries for best autonomy

CHARGERS CABLES

MULTIPORT HUBS PROTECTION MEMORY USB

Up to 48A

Fast charge wireless car etc Charge and sync at high speed

Up to 8 USB ports Reinforced screens and cases Up to 128 GB

A complete range of robust

and innovative accessories

LIFETIME WARRANTY

Dedicated range of ultra

resistant accessories

+300 references available

An offer in line with helliphelliphellip rsquos DNA

4 Long lasting

1 Performance

3 Power

2 Innovation

6 Right pricing

5 Quality

Our strategy to conquer the

global market

A diversified network of customers

bull Operators

25

Sales by customer type ( sales in 2017)

bull Gas stations

bull Office

10

bull Online

5

bull Grocery stores

bull Supermarkets

bull Drugstores

45

bull Electronic stores

15

Developing an Energizer range

tailored to the customers needs

Rugged shockproof

and waterproof

Extra powerful batteries

4000 mAh minimum

Best value for money

22 models available by the end of 2018

Battery with higher capacity than the average market offer

Phones equipped with powerful

batteries for best autonomy

CHARGERS CABLES

MULTIPORT HUBS PROTECTION MEMORY USB

Up to 48A

Fast charge wireless car etc Charge and sync at high speed

Up to 8 USB ports Reinforced screens and cases Up to 128 GB

A complete range of robust

and innovative accessories

LIFETIME WARRANTY

Dedicated range of ultra

resistant accessories

+300 references available

An offer in line with helliphelliphellip rsquos DNA

4 Long lasting

1 Performance

3 Power

2 Innovation

6 Right pricing

5 Quality

Our strategy to conquer the

global market

A diversified network of customers

bull Operators

25

Sales by customer type ( sales in 2017)

bull Gas stations

bull Office

10

bull Online

5

bull Grocery stores

bull Supermarkets

bull Drugstores

45

bull Electronic stores

15

Rugged shockproof

and waterproof

Extra powerful batteries

4000 mAh minimum

Best value for money

22 models available by the end of 2018

Battery with higher capacity than the average market offer

Phones equipped with powerful

batteries for best autonomy

CHARGERS CABLES

MULTIPORT HUBS PROTECTION MEMORY USB

Up to 48A

Fast charge wireless car etc Charge and sync at high speed

Up to 8 USB ports Reinforced screens and cases Up to 128 GB

A complete range of robust

and innovative accessories

LIFETIME WARRANTY

Dedicated range of ultra

resistant accessories

+300 references available

An offer in line with helliphelliphellip rsquos DNA

4 Long lasting

1 Performance

3 Power

2 Innovation

6 Right pricing

5 Quality

Our strategy to conquer the

global market

A diversified network of customers

bull Operators

25

Sales by customer type ( sales in 2017)

bull Gas stations

bull Office

10

bull Online

5

bull Grocery stores

bull Supermarkets

bull Drugstores

45

bull Electronic stores

15

CHARGERS CABLES

MULTIPORT HUBS PROTECTION MEMORY USB

Up to 48A

Fast charge wireless car etc Charge and sync at high speed

Up to 8 USB ports Reinforced screens and cases Up to 128 GB

A complete range of robust

and innovative accessories

LIFETIME WARRANTY

Dedicated range of ultra

resistant accessories

+300 references available

An offer in line with helliphelliphellip rsquos DNA

4 Long lasting

1 Performance

3 Power

2 Innovation

6 Right pricing

5 Quality

Our strategy to conquer the

global market

A diversified network of customers

bull Operators

25

Sales by customer type ( sales in 2017)

bull Gas stations

bull Office

10

bull Online

5

bull Grocery stores

bull Supermarkets

bull Drugstores

45

bull Electronic stores

15

An offer in line with helliphelliphellip rsquos DNA

4 Long lasting

1 Performance

3 Power

2 Innovation

6 Right pricing

5 Quality

Our strategy to conquer the

global market

A diversified network of customers

bull Operators

25

Sales by customer type ( sales in 2017)

bull Gas stations

bull Office

10

bull Online

5

bull Grocery stores

bull Supermarkets

bull Drugstores

45

bull Electronic stores

15

Our strategy to conquer the

global market

A diversified network of customers

bull Operators

25

Sales by customer type ( sales in 2017)

bull Gas stations

bull Office

10

bull Online

5

bull Grocery stores

bull Supermarkets

bull Drugstores

45

bull Electronic stores

15

A diversified network of customers

bull Operators

25

Sales by customer type ( sales in 2017)

bull Gas stations

bull Office

10

bull Online

5

bull Grocery stores

bull Supermarkets

bull Drugstores

45

bull Electronic stores

15

Energizer products sold in over 55 countries

Leading and experienced

distributors across all continents

6 International locations

to best support them

Marseille France (HQ)

Bucharest Romania

Dubai UAE Sofia Bulgaria

Gurgaon India

Shenzhen China

Over 130 countries left to conquer

An impressive growth potential

Brand awareness reinforced by our

presence on key platforms

Strategic events

and shows Responsive

evolving website

7k visitorsmonth

Main social media

platforms

Community 43k fans

English French Spanish

Financial data

5 Reasons to Invest

Years of experience in the mobile industry

The power and brand awareness of a leader

The agility of a flexible organization

The potential for major international development

The transparency of a company listed on Euronext

6 International locations

to best support them

Marseille France (HQ)

Bucharest Romania

Dubai UAE Sofia Bulgaria

Gurgaon India

Shenzhen China

Over 130 countries left to conquer

An impressive growth potential

Brand awareness reinforced by our

presence on key platforms

Strategic events

and shows Responsive

evolving website

7k visitorsmonth

Main social media

platforms

Community 43k fans

English French Spanish

Financial data

5 Reasons to Invest

Years of experience in the mobile industry

The power and brand awareness of a leader

The agility of a flexible organization

The potential for major international development

The transparency of a company listed on Euronext

Over 130 countries left to conquer

An impressive growth potential

Brand awareness reinforced by our

presence on key platforms

Strategic events

and shows Responsive

evolving website

7k visitorsmonth

Main social media

platforms

Community 43k fans

English French Spanish

Financial data

5 Reasons to Invest

Years of experience in the mobile industry

The power and brand awareness of a leader

The agility of a flexible organization

The potential for major international development

The transparency of a company listed on Euronext

Brand awareness reinforced by our

presence on key platforms

Strategic events

and shows Responsive

evolving website

7k visitorsmonth

Main social media

platforms

Community 43k fans

English French Spanish

Financial data

5 Reasons to Invest

Years of experience in the mobile industry

The power and brand awareness of a leader

The agility of a flexible organization

The potential for major international development

The transparency of a company listed on Euronext

Financial data

5 Reasons to Invest

Years of experience in the mobile industry

The power and brand awareness of a leader

The agility of a flexible organization

The potential for major international development

The transparency of a company listed on Euronext

5 Reasons to Invest

Years of experience in the mobile industry

The power and brand awareness of a leader

The agility of a flexible organization

The potential for major international development

The transparency of a company listed on Euronext