1. COMPANY PRESENTATION June 2012

2. WHO WE ARE > A world leader in high-efficiency power conversion and electronics > An industry pioneer with more than 40 years experience > 2400 employees worldwide and a revenue of approximately 650 MUSD Slide 2 20.11.2013

3. LOCAL PRESENCE GLOBAL REACH BUSINESS IN > 100 COUNTRIES, OFFICES IN 32, 2400 EMPLOYEES SWEDEN CANADA FINLAND NORWAY RUSSIA POLAND UK USA KOREA ROMANIA FRANCE GERMANY IRAN TURKEY SPAIN PAKISTAN BANGLADESH EGYPT NIGERIA DUBAI INDIA THAILAND KENYA COLOMBIA CHINA HONG KONG SAUDI MEXICO JAPAN MALAYSIA PHILIPPINES SINGAPORE PERU BRAZIL AUSTRALIA ARGENTINA Slide 3 20.11.2013

4. A TECHNOLOGY LEADER > 100% focus on power electronics > Strong R&D with more than 100 dedicated power specialists > First to launch commercial High Efficiency rectifiers Slide 4 20.11.2013

5. OUR VALUES HELPING US CREATE VALUE FOR CUSTOMERS > Customer centric > Technologically ambitious > Aggressively competitive > Culturally sensitive Slide 5 20.11.2013

6. WHAT IS POWER CONVERSION? Power conversion equipment > > > > Mains Solar panels Batteries Unstable DC sources Input Output > AC DC (rectifiers) > DC AC (inverters) > DC DC (converters) Slide 6 20.11.2013 > Critical electronic equipment > Batteries > Mains

7. WHY POWER CONVERSION EFFICIENCY IS SO IMPORTANT.. 8% energy loss (= heat) 100 % input Slide 7 20.11.2013 > Costs money > Requires cooling = more energy and cost 92 % output

8. WHY POWER CONVERSION EFFICIENCY IS SO IMPORTANT.. 3,5% energy loss 100 % input Slide 8 20.11.2013 Saves money Reduces environmental impact Requires less cooling 96,5 % output

9. POWERING THE WORLDS TELECOM INFRASTRUCTURE > Complete solutions meeting any power requirement in telecom networks > Incl. hybrid solutions (input from solar panels, wind mills, diesel and mains) > HE - industry benchmark since 2008 Installed HE systems have saved pr June 2012: - 486 Million kWh - 350000 tons of CO2 - USD 58 million Slide 9 20.11.2013

10. POWERING RENEWABLES SETTING THE STANDARD IN STRING CONVERTERS > The worlds highest efficiency for isolated string inverters 97.3% > Photon Profi (09/2011): A-RATING > User appeal through design and functionality > Suitable for residential and commercial installations and for all module types Slide 10 20.11.2013

11. POWERING E-MOBILITY CHARGING SOLUTIONS > Charging solutions for in-vehicle or fixed installation > High efficiency, compact and cost effective > Variety of input/output voltages and power ratings Slide 11 20.11.2013

12. Power solutions in several sectors TELECOM SOLAR RAILWAY & METRO ELECTRIC VEHICLES POWER UTILITIES MARINE & OFFSHORE Slide 12 20.11.2013

13. Corporate Industrial Organization Clas Andre Hansen Lars Dousa Corporate Industrial R&D Lennart Kahn Global Accounts Strategic Product Management Industrial Gunnar Hedlund Product Management Industrial Ole Oterholm Marine & Offshore Global Accounts Industrial Segment Managers Segment Managers Mathias Lang Railway & Metro Bengt Lundberg Chief Operations Officer Executive Vice President Petteri Boman Global Account Siemens Rafi Krikorian Power Utilities Roland Knobloch Global Account ABB Support Team BU Industrial Herford Support Technical Team Industrial Herford Rafi Krikorian Global Account Alstom Tsvetelina Todorova Global Marketing Ortwin Bahra Corporate Technical Sales Support Manager Grant Douglas Corporate Technical Sales Support Manager Wladimir Meshcheryakov Corporate Technical Sales Support Manager Slide 13 20.11.2013 Production China Production Plant Production Slovakia Prodcution Plant

14. Power utility > Modular power solutions with high efficiency, providing maximum availability, flexibility and scalability > Typical products Modular DC UPS AC UPS > Powering (examples): Control systems Slide 14 20.11.2013 Protection equipment Operational communication

15. References Power utilities Slide 15 20.11.2013

16. Railways and Metro > Various power solutions for on and off board applications > Typical products Power solutions varying from small DIN rail mounted power systems to complete cabins housing large power systems and space for customer equipment > Powering (examples): Operational communication Slide 16 20.11.2013 Railway safety & control applications Tunnel ventilation & lighting

17. References Railway & Metro Slide 17 20.11.2013

18. Marine & Offshore > Uninterruptable and stable power solutions for safety and production > Typical products Din mounted small power Modular > Powering (examples): Safety applications Slide 18 20.11.2013 Communication & navigation Dynamic positioning

19. References Marine and offshore Slide 19 20.11.2013

20. Marine potential in South Korea (2012-14) > New ships on order: Merchant ships 543 Offshore(OSV, Drilling, FPSO): 63 Addressable market for Eltek products: MUSD 27 > Retrofit market Slide 20 20.11.2013 Addressable market for Eltek products: MUSD 40

21. Eltek Industrial Power in general > High end Power solutions for mission critical application ensuring safety, operation and revenues > High efficiency products in a modular approach, ensuring full flexibility today and tomorrow > Suitable in any industry where quality, power availability and functionality is in demand. Slide 21 20.11.2013

22. References Other industries Slide 22 20.11.2013

23. PRODUCTS SYSTEMS

24. A FULL LINE OF DC POWER SYSTEMS > Broadest Industrial Product Offering From 600W to 500kW > Highest Performance High efficiency, high density, high reliability and scalability IBF Systems 16kW IBB 16 kW PR Systems 8,1kW Wallbox 6kW PR Systems 4,8kW Flatpack S Systems 8kW PR Systems 1kW Small 12V DC Slide 24 20.11.2013 Medium 24V DC 48V DC 60V DC Large 110V DC 125V DC 220V DC

25. A FULL LINE OF DC/AC POWER SYSTEM > Broadest Industrial Product Offering From 1,0kVA to 40kVA > Highest Performance High efficiency, high density, high reliability and scalability PR Systems with Static switch 6U/6,75kVA PR Systems with Static switch 2U/6,75kVA PR Systems 2U/9kVA Small Medium 24V DC Slide 25 20.11.2013 Scalable Systems Up to 40kVA 48V DC 60V DC Large 110V DC 125V DC 220V DC

26. PRODUCTS MODULES

27. RECTIFIER MODULES PSR380 8000W PSR327 2700W FLATPACK2 HE 2000W PSS18 1800W FLATPACK S 1000W MICROPACK 240W PSR308 800W Small 12V DC Slide 27 20.11.2013 Medium 24V DC 48V DC 60V DC Large 110V DC 125V DC 220V DC

28. DC/DC CONVERTER MODULES > Power from 240W to 2KW per module > Designed for harsh environments > Wide input range Flaptpack 2 HE PSC18 PSC312 Flatpack S PSC305 PSC303 Micropack Small 12V DC Slide 28 20.11.2013 Medium 24V DC 48V DC 60V DC Large 110V DC 125V DC 220V DC

29. INVERTER MODULES > Power from 1,0kVA to 5,0kVA per module > Designed for harsh environments UNV-F 3,3-5,0kVA PWS-W 1,0-5,0kVA PWS-F 1,0-5,0kVA INV222 2,25kVA Small Input Slide 29 20.11.2013 Medium 24V DC 48V DC 60V DC Large 110V DC 125V DC 220V DC

30. STATIC BYPASS SWITCHES > Switching Capacity from 5,0kVA to 40kVA per module > Single and 3 Phase versions available UNB 40,0 40kVA STS118 18kVA UNB 23,0 23kVA UNB 12,5 12,5kVA STS207 7kVA UNB 5,0 5,0kVA Small Slide 30 20.11.2013 Medium Large

31. DC BACK UP CONTROLLER > Remote & Monitoring SMARTPACK 2 SMARTPACK S AD ON CAN-MODULES -MAINS MONITORING -REMOTE DISPLAYS -RELAY BOARD -DIGITAL INPUT BOARD -BATTERY MONITORING BOARD -FUSE MONITORING -SNMP COMUNICATION -MOD BUS COMUNICATION -PROFI BUS COMUNICATION COMPACK UPC4 UPC3 12VDC Slide 31 20.11.2013 24V DC 48V DC 60V DC 110V DC 125V DC 220V DC

32. ENCLOSURES OUTDOOR TYPE 2 Slide 32 20.11.2013 OUTDOOR TYPE 3 INDOOR FPC CABINET

33. Vision THE GREATEST POWER IN THE INDUSTRY Slide 33 20.11.2013