EMANUELE OCCHIPINTI

VICE PRESIDENT

TWO IMPORTANT ROLES:

• DISTANCE BETWEEN RAILS • LOAD DISTRIBUTION

RAILWAY SLEEPERS: TWO IMPORTANT

ROLES

- MAINTAIN DISTANCE

BETWEEN RAILS

- DISTRIBUTE TRAINS’ LOAD

ONTO THE GROUND

1850 WOODEN SLEEPERS

1900 CONCRETE SLEEPERS

2017 GREENRAIL SLEEPERS

ENVIRONMENTAL CONTRIBUTION ECONOMIC ADVANTAGES TECHNICAL IMPROVEMENTS

GREENRAIL SLEEPER

ENVIRONMENTAL

CONTRIBUTION

EACH KILOMETRE OF A RAILWAY LINE CONSTRUCTED WITH GREENRAIL SLEEPERS, REUSES UP

TO

35 TONS OF ELT AND RECYCLED PLASTIC

USE OF WASTE

MATERIALS

ADVANTAG

ES

LESS MAINTENANCE

COSTS

INCREASE OF THE

TRACK ELASTICITY

IMPROVEMENTS IN

TRACK STABILITY

ELECTRICAL

INSULATION

REDUCTION OF

VIBRATION AND NOISE

With a view to implement international market synergies, Greenrail has closed a collaboration agreement for research and development activities concerning its smart products with INDRA, a leading multinational company in the development of technological solutions in the sectors of Transport and Traffic, Energy and Industry, Telecommunications and Media, among others. The partnership with INDRA is based on the sharing of values such as long- term vision and the will to maintain an entrepreneurial profile based on growth driven by innovation and sustainability.

In 2018 Greenrail was nominated as a member of CEN (European Committee for Standardization). As part of this organization Greenrail is involved and responsible for developing and defining voluntary railway standards and legislation, in particular regarding composite sleepers’ matter.

RESEARCH &

DEVELOPMENT

SMART GREENRAIL

SLEEPERS

SOLAR PANEL FOR ENERGY HARVESTING

TRANSFORMING RAILWAY INFRASTRUCTURE FROM

A PASSIVE TO AN ACTIVE ONE

PRODUCTION CAPACITY: 35 MWH / YEAR

(ENERGY USED ANNUALLY BY 11 PEOPLE)

USES HARVESTED ENERGY TO POWER SMART SYSTEMS

DEVICES FOR REAL-TIME DIAGNOSIS, PREDICTIVE

MAINTENANCE, SECURITY AND TELECOMMUNICATION

TRACK’S DETERIORATION

FLATTED TRAIN WHEEL

RAILS’ LATERAL DISPLACEMENT

The world map presents all the countries, in which Greenrail technology is protected by the patent, and in which the process is pending. At present, Greenrail parent is granted in 64 states, and is waiting for approval in other 16. The following phase after obtaining a patent is sleeper’s homologation according to specific technical requirements in each country.

PATENTS

BUSINESS MODEL

THE BUSINESS MODEL OF GREENRAIL IS BASED ON THE EXPLOITATION OF THE GREENRAIL PATENT THROUGH LICENSING ACTIVITIES

LOCAL CLIENT

CONCESSION OF THE LICENSE TO PRODUCE

AND SELL GREENRAIL SLEEPERS LOCALLY;

KNOW-HOW TRANSFER;

DESIGN OF A SPECIFIC GREENRAIL SLEEPER;

MANUFACTURING PLANT’S DESIGN AND

SUPPLY;

MANUFACTURING PLANT’S SET-UP;

ASSISTANCE DURING THE INDUSTRIAL

PRODUCTION.

PAYMENT OF UP-FRONT

FEE (to be defined)

PAYMENT OF ROYALTIES

(from 7% to 10% of the

revenue)

new sleepers every year

40 mln

QUANTITY OF SLEEPERS / YEAR

1,6 mln 2,67 mld 4

%

106 mln

RAILWAY SLEEPERS

MARKET

ROADMAP MILESTONES & EQUITY STORY

Strictly private and confidential

2012 Greenrail is founded by Giovanni De Lisi, with the aim of creating an innovative railway sleeper characterized by its technology, versatility and eco-sustainability.

2014 • Starting date of collaboration with

Politecnico di Milano; • Creation of the first mold for the

pre-industrial production of Greenrail sleepers;

• Winner of Edison Pulse Award.

2015 • Greenrail becomes a part of

Polihub; • SEAL of Excellence from the

European Commission; • Greenrail wins the European

Commission’s Horizon 2020 SME Instrument Phase 1.

2016 • Greenrail wins the European

Commission’s Horizon 2020 SME Instrument Phase 2;

• Definitive design of Greenrail sleeper.

2018 • Production of the first stock of

Greenrail sleepers; • First railway stretch of Greenrail; • Patent granted in 64 countries

worldwide, pending in other 16.

TOMORROW • Opening a manufacturing plant in

Italy; • Supplying Rail Baltica project,

which includes 5 european countries and is co-financed by the EU;

• Business Plan according to a relevant commercialization startegy that foresees opening several manufacturing plants.

2012 Share capital equal to 17.500€

2014 Edison Pulse Award equal to 100.000€

2015 • Share capitale injection equal to

320.000€; • Regione Lombardia Grant equal

to 50.000€; • SME Instrument Phase 1 equal

to 50.000€; • R&D contribution from Ecopneus

equal to 250.000€

2016 SME Instrument Phase 2 – first tranche – equal to 1.035.000€

2017 Bank loan with MCC’s guarantee within 6623 law for innovative start-up equal to 1.685.000€

2018 SME Instrument Phase 2 – second and third tranches – equal to 1.365.000€

FUNDING SOURCES

VA

LUE

CR

EATI

ON

PATENTING, R&D and TESTING

Successfully completed ✔

MID-TERM PERSPECTIVES& LONG-TERM TARGETS INITIAL COMMERCIAL PHASE

…lay the groundwork for mid-term international scale-up…

2012

R&D

2022

Licenses (18-36m)

JV Italy

Expanding international licensing model

Signing new JVs to enter international markets with local partners

LT target: market leadership

M&A / IPO

New Products (Solar & LinkBox)

Idea

Testing

Tests compliant to European (UNI EN 13230) and American (AREMA)

technical specifications

Granted in 64 Countries

Company already approached by international players for business cooperation (preliminary discussion)

2016 2019 2014 2018

Patents

€10m capex to be invested. A production site based in Italy would represent a key asset, supporting the commercial / marketing activities

• Licensing and JVs business model highly scalable

• Commercial / operating leverage triggered by trackrecord / credentials

Commercial phase of innovative products (development phase already completed)

Transforming M&A / IPO addressed to boost Company’s business (acquiring production capacity and market shares)

Licenses (12-18m)

GROWTH STRATEGY

www.greenrailgroup.com info@greenrailgroup.com