Making something out of nothing…

June 2011
 Confidentiality Statement

This presentation has been prepared exclusively for the benefit and use of
Edwards and does not carry any right of publication or disclosure, in whole
or in part, to any other party. This presentation is the property of Edwards.
Neither this presentation nor any of its contents may be used for any
purpose without the prior written consent of Edwards. This presentation
includes certain statements, estimates, targets and projections as to
anticipated future business performance. Such may reflect significant
assumptions and subjective judgements by Edwards which may or may not
prove to be correct. Edwards makes no representations as to the accuracy,
completeness or fairness of this presentation and so far as is permitted by
law, no responsibility or liability whatsoever is accepted by Edwards for the
accuracy or sufficiency thereof or for any errors, omissions, or
misstatements relating thereto.

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Edwards profile

• Edwards is a leading supplier to the world's most advanced

industries, including semiconductor, compound semiconductor,
chemical, pharmaceutical, metallurgy, scientific instruments
and Research and Development.

• Owners: CCMP Capital Advisors and Unitas Capital

• A world leader in vacuum equipment

• 3,300 employees

• 13 manufacturing and systemisation sites world wide

• Over 100 service & remanufacturing sites world wide

• £640m Revenue

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Our Mission

Being the preferred choice for:

•Our Customers
•Our Employees
•Our Shareholders

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 We are a global business…

United Kingdom Americas Europe Korea

26% 16% 25%

Japan
10%

China
Other Asia
23%

Over 30 years in Asia

Korea

Japan Czech Republic Singapore Israel USA

5

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 A history of growth and innovation
2010
1992 nEXT Scientific turbo
1919 1968 pump platform
Acquired Plasma Products
Established in Acquired
(abatement)
London By BOC
BOC acquired by
2002 Linde
1989 Queen’s Award
Queen’s Award for Enterprise 2006
1953
1971 for 1997 Opened facility in
Moved to
Japanese Technological BOC Edwards Acquired Seiko Seiki, Brno, Czech Rep.
Crawley
JV Opened Achievement established Japan

1939 1984 1992 2001 2009

Rotary Vane Korean business Korean Co Industrial (Stokes/3H)
4th generation dry
Pumps Prod'n Partner Established businesses acquired
From Smiths Group pump platform
Started

1993 2007
1967 1985 2003
Queen’s Award Queen’s Award Opened Turbo facility CCMP acquire
Dry Pumps for BOC Edwards
for at Yachiyo, Japan
Technological
launched Export Achievement New brand launched
Opened dry pump
Achievement
facility at Chunan,
South Korea
1978
2000
Hydrokinetic drive for 2006
Opened abatement
mechanical boosters Industrial systems
facility at Clevedon, UK
patented facility Shanghai

F.D. Edwards

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 What is vacuum?
Vacuum
Vacuum isis the
the most
most prevalent
prevalent state
state in
in
the
the Universe.
Universe. Most
Most of
of space
space is
is aa vacuum
vacuum

The
The word
word vacuum
vacuum is
is the
the Latin
Latin
word
word "empty"
"empty"

Early
Early in
in the 20thth century
the 20 century vacuum
vacuum became
became
aa valuable
valuable industrial
industrial tool
tool with
with
incandescent
incandescent lighting
lighting and
and vacuum
vacuum tubes
tubes

Vacuum
Vacuum today
today is
is critical
critical to
to the
the
development
development of
of aa huge
huge variety
variety of
of
processes
processes and
and devices.
devices.
7

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 A World without vacuum….is a world without

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Levels of vacuum…

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Vacuum & abatement are critical process enablers for…

Electronics - cluster tool Scientific High purity steels

Solar panels Flat Panel Biofuels

10 Glass coating Genetics/Pharmaceuticals Food packaging

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Markets we serve

Semiconductor Biofuels

Flat Panel Display Scientific

Solar Industrial

11

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Product Innovations

Semiconductor

iX Dry Pumps & eZenith Abatement

The iX Dry vacuum pump platform sets new standards
for zero maintenance between major overhauls.
Improved efficiency lowers the cost of ownership and
provides continuous pumping duty throughout the
pressure range.
The eZenith range is a ground breaking series of
process-specific combined vacuum and exhaust
management systems, providing enhanced safety,
process tool compatibility, minimum footprint and
reduced cost of ownership. Now including new Green
Mode energy saving control software

12

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Product Innovations

Flat Panel Display

Modular Systems
Edwards is unmatched in supplying integrated,
modular vacuum systems for the flat panel display
industry which allows for cost effective solutions with
low running and maintenance costs. The modular
approach leads to enhanced serviceability with
reduced footprint and weight. The modules utilized
have many years of established performance and
proven reliability at leading FPD manufacturers.

13

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Product Innovations

Solar

Atlas TCS Abatement

Edwards offers superior fuel-fired thermal abatement
technology (Atlas) across a wide spectrum of gases
including PFC global warming gases and
toxic/corrosive gases associated with CVD processes.
Fuel-fired abatement systems provide efficient and
effective removal of by-products.
The Atlas TCS addresses common CVD gases with NF3
clean and the Atlas TPU addresses PFC gases (ClF3,
CF4, SF6) in CVD and etch processes

14

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Product Innovations

Biofuels

DP/DPS/EDP DRYSTAR®
Series Chemical Dry Vacuum Pumps
Full-range of pumps using our patented non-
contacting, reverse claw technology and offering
capacities of 80 - 420 m³h¯¹ (50 - 250 cfm).
- Integral indirect cooling with temperature control
- Clutch mechanism to protect against liquid slugs
- Vertically mounted for self-draining and small footprint
- No need for gas injection
- Easy maintenance
- Low power and maintenance cost
- Best cost of ownership
- Tried and tested technology with thousands of chemical
industry installations
- ATEX certified
15

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Product Innovations

Scientific

XDS Dry Scroll Pumps

Scroll pumps are an excellent alternative to
rotary vane pumps where oil free pumping is
desirable. The innovative new XDS pumps in
particular use a patented bearing shield to
isolate the vacuum environment from all forms
of lubricant not only making them totally dry,
but also protecting the bearing from any process
gases. Vapour handling is enabled by an
adjustable gas ballast; this allows the range of
pumps to satisfy many applications that were
previously off limits to scroll pumps.

16

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Product Innovations

Industrial

GXS Dry pumps

The Edwards GXS range incorporates our unique screw
technology with a high efficiency drive to achieve
excellent vacuum performance and low running costs.
With advanced temperature control, low maintenance
and long service intervals, the GXS is a robust and
economical vacuum pump for industrial applications.

17

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 We’re present in new dynamic markets

As part of a solar cell production line… …or solid state lighting

18

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 We have a broad customer base and strong service model

• 20,000 long standing customers

• 25% of employees in service roles

• Relationships with top 20

electronics companies for over 20
years

• Strategic development programs

19

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Technology - engineering excellence

20

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Core strengths

Core
Strengths

21

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 The environmental challenge

Remanufacturing
in Czech Rep.

Lower energy pumps

Abatement systems
22

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Global supply chain

Config’n Centres (4)

• Ina Japan,
• Chunan Korea,
• Grand Island USA,
• Lutin, Czech Rep.

Factories (7) Service Centres (12)

• Yachiyo Japan • Munich, Germany • Qiryat-Gat,Israel
• Shanghai, China
• Chunan Korea • Sao Paulo, Brazil • Nogales Mexico
• Ina, Japan
• Lutin, Czech Rep. • Pune, India • Singapore
• Brno, Czech Rep.
• UK - Sussex (3) & Avon (1) • Strongsville, OH, USA • Chunan, Korea
• City of Industry, CA, USA • Toufen, Taiwan
23

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Our CEO & Management Team

Chief
Chief Executive
Executive
Officer
Officer
MM Taylor
Taylor

Sales & Service Strategy Marketing Chief Operations Chief Financial Group Legal
Director Director Director Officer Officer Director
M Allison S Ormrod S Abbaszadeh R Krisanda D Smith A Ramsay

24

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Edwards ownership

• CCMP Capital, a private equity firm, through their affiliates CCMP

Capital Advisors LLC and Unitas Capital, purchased Edwards’
equipment business for £460 million on 31 May 2007
• CCMP, previously known as JP Morgan Partners, was established in
1984 and is a private equity firm investing in global businesses
• CCMP Capital’s founders have invested over $12 billion in buyout and
growth equity transactions since 1984
• Investment strategy to develop industrial portfolio into high technology
businesses with good regional coverage, particularly Asia
• Ability to provide in-house expertise in finance, manufacturing and HR
• CCMP and Unitas are global investors, with offices in New York,
London, Hong Kong, Tokyo, Seoul, Shanghai…a similar profile to
Edwards.

25

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011
 Edwards - A leading supplier to the world's most
advanced industries and the world leader in vacuum
equipment.

26

The content of this presentation is confidential and should not be distributed to a third party without prior authorisation from Edwards. © Edwards Limited 2011