Corporate Presentation 06 · 2014-06-04 · Corporate Presentation 06.2014 . 2 Elevator Pitch: ......

Corporate Presentation

06.2014

2

Elevator Pitch: Why invest in Activa Resources?

Strategy

Activa in short

OSR-Halliday:

Activa’s main

producing asset

Focus on developing oil assets

Investment in natural gas projects is being re-examined after recent price recovery

Develop and exit individual projects at multiples of invested dollars

Risk-minimisation by focusing on low-risk projects

Increased focus on high-potential opportunities and continued sales of non-core assets

Operating in one of the most dynamic oil and gas markets in the world

Main asset OSR-Halliday is in sweet-spot of one of America’s best oil plays

Strong revenue growth since 2010 – EUR 5.30 million production revenues in 2013

Production consistently raised to 340 BOED

Proven oil and natural gas reserves of 5.19 million BOE** (+44 % y-o-y)

Management is executing a well-defined growth strategy with its existing project portfolio

Project portfolio combines high-potential assets which can be developed in a low-risk strategy

First six horizontal wells successfully drilled and on production (significant risk reduction)

Potential for 20 million barrels primary production from 56 wells from main Woodbine formation

Additional potential from other horizons

currently drilling 7th horizontal well; 8th horizontal well in Q3 2014 expected

M&A activity suggests implied potential value of up to EUR 12 per Activa Resources share

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Contents

Elevator Pitch: why invest in Activa Resources?

1. General Information

2. Projects

3. Facts and Figures

Financial data

Shares

Bonds

4. Strategy and Outlook

5. Contact

1P - Proven oil and natural gas reserves

2P - Proven and probable oil and natural gas

reserves

3P - Proven, probable and possible oil and

natural gas reserves

BOE - Barrels of oil equivalent

BCF - Billion cubic feet

Disclaimer

This document includes forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning estimates of expected drilling

and development wells and associated costs, statements relating to estimates of, and increases in, production, cash flows and values and other statements which are

not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions

are forward-looking statements. Although Activa believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve

risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause

actual results to differ from these forward-looking statements include the potential that the Company’s projects will experience technological and mechanical

problems, that geological conditions in the reservoir may not result in commercial levels of oil and gas production, that changes in product prices can have a material

impact and that Activa fails to raise sufficient capital to adequately fund its activities.

4

1. General Information

Drilling activity 2006-2014

5

Corporate structure

Activa Resources AG

(Holding company)

Head Office:

Bad Homburg, Germany

100 %

Activa Resources, LLC

(Exploration and production company)

San Antonio,Texas, USA

Oil and Natural Gas Interests

1. Group Structure and Management

Information about Activa Resources group

Established producer of oil and natural gas in North America

Operations in San Antonio, Texas

Listed on Frankfurt Stock Exchange (Entry Standard)

Management are significant shareholders

Employees: 8 (excl. field staff)

Management

Leigh A. Hooper, Activa Resources AG

12 years oil industry and 16 years

investment banking experience

John w. Hayes, President, Activa Resources, LLC

26 years oil industry experience at well

known and reputable industry players

Key employees

Douglas Coyle - Vice President and Exploration Manager

John Bockelmen - Geologist

Supervisory Board (Non-executive directors)

Walter Blumenthal (Chairman)

Axel Vedder (Deputy Chairman)

Dr. Gerd Escher

6

0

900

1.800

1987 1990 1993 1996 1999 2002 2005 2008 2011 2014

Oil Gas

Worldwide Rotary Rig Count, March 2014

50 % of all rigs are in

operation in the US

1. The US oil market

US Rig Count, April 2014

North America is experiencing a major

renaissance of its oil and gas industry

Oil production rising dramatically for the first

time in 40 years

Some of the biggest newly discovered oil

fields are in North America

Why?

“State of the Art“-technology (Horizontal Drilling +

Fracturing)

The world’s largest market for oil and natural gas products

Long standing property ownership rights and protection

High drilling success rates

Highly developed infrastructure

Highest prices for oil and gas

No political risk

Favourable tax treatment

Source: Baker Hughes

USA 1,803

Latin America 406

Canada 449

Middle East 401

Asia Pacific 258

Europe 148

Africa 132

World 3,597

1,800

900

0

7

Drilling activity at OSR-Halliday 2008-2014

2. Projects

8

2. Project overview

* PV10 value as at 1st January 2013

Projects

5 main projects with currrent field and drilling

operations (OSR-Halliday, Adams Ranch,

Gray Waterflood, Pill Branch, Halls Bayou)

2 high potential natural gas projects on hold (Loma

Field and Montgomery County)

Drilling rights covering 30,054 acres

Location: Gulf Coast, USA (mainly Texas)

All projects in recognised oil basins with long

production histories

Key information

Production since 2005: EUR 29.9 million

Production 2013: EUR 5.3 million (+9 %)

4 projects account for 90 % of current daily production of

340 BOE

Medium term potential: daily production rates of

3,000 BOE

1P PV10 reserve value: USD 93 million*

2P PV10 reserve value: USD 188 million*

Primary objectives

Grow production and revenues by further development of existing project portfolio

Implement broad drilling programme (new wells and recompletions) to grow reserves

Clear focus on oil assets

Natural gas projects on hold until US natural gas prices stabilize at current levels

Build on expertise and experience from OSR-Halliday to develop new horizontal drilling plays

Minimise front-end investment risk

9

2. Activa’s Oil and Natural Gas Project Portfolio

Based on Activa Resources NRI

10

2. Oil and natural gas production and revenue split

OSR-Halliday*

Loma Field

Adams Ranch

Gray Waterflood

Rest**

Total

Production

volume

2013

in BOE

69,451

7,593

7,163

1,643

12,744

98,594

46.2% 53.8% 81.6% 18.4%

OSR-Halliday*

Loma Field

Adams Ranch

Gray Waterflood

Rest**

Total

Production

revenues

2013

in USD

5,851,605

251,891

330,401

193,296

600,010

7,033,905

OSR-Halliday*

Loma Field

Adams Ranch

Gray Waterflood

Rest**

Total

Production

volume

2012

in BOE

51,675

23,127

5,854

2,171

12,744

101,260

51.3% 48.7% 81.9% 18.1%

OSR-Halliday*

Loma Field

Adams Ranch

Gray Waterflood

Rest**

Total

Production

revenues

2012

in USD

4,223,042

801,243

210,938

217,478

723,216

6,175,917

Mix

Mix Mix

* based on Activa’s respective Net Revenue Interest

** includes Hogg Heaven, Hidalgo Frio

Mix

Natural gas Oil NGL

47 %

49 %

4 %

61 %

34 %

5 %

87 %

10 % 3 %

82 %

14 %

4 %

11

Source: National Atlas of the United States, http://nationalatlas.gov, Goldman Sachs Research estimates

2. OSR-Halliday - Location in the Woodbine/Eaglebine

Woodbine / Eaglebine belong to the top “Exploration Plays“ in North America

Goldman Sachs Research

May 2012:

Woodbine one of top US oil plays

Horizontal well results in

Woodbine/ Eaglebine play very

encouraging

Current drillng activities mainly in

Grimes, Madison, Leon,

Robertson and Brazos Counties

(2.4 million acres)

OSR-Halliday is in sweet spot of

Woodbine play

Main attraction is “multi-zone

potential” – Austin Chalk/

Woodbine zones and

Eagleford/Georgetown/Buda and

deep gas zones

12

Annual production* (BOE) at OSR-Halliday and impact of horizontal wells

0,0

0,1

0,2

0,3

1961-2006Ø per year

2007 2008 2009 2010 2011 2012

mill

ion

BO

E2. OSR-Halliday – Overview

Production since 1960: approx 13.5 million BOE (8.5 % of

Original Oil In Place in Woodbine Formation)

48 vertical wells on production

6 new horizontal wells drilled and on production since 2010

Drilling programme ongoing in 2014

Build up of field infrastructure / participation in new regional

3D seismic survey

Activa’s WI: 22 %

Vertical wells

Horizontal

wells

273,514 BOE

* Excluding natural gas liquids

Total to date:

Approx.13 million BOE

Potential: 56 horizontal wells (Woodbine alone)

Economically producible reserves

Woodbine

Approx. 20 million BO (“Primary Recovery Methods“)

14 - 28 million BO (waterflooding,

CO2-Injection)

Additional potential in Eagleford and other formations

0.3

0.2

0.1

0

13

PMO-CARR-COLEMAN 1H

Production 06/01/2011 Oil: 11,693

PMO-CARR-COLEMAN 2H

Permit: 03/16/2012

PMO-PATRICK 1H

Permit: 12/01/2012

PMO-BUNYARD 1H

Production: 11/01/2011

PMO-EASTERLING 1H

Permit: 01/01/2012

ALLIED OP-5H

Permit: 10/11/2011 PMO-CRESHAM A 1H

Permit: 12/05/2012

Reported IP 800

PMO-CRESHAM 1H

Production: 10/01/2011 Cum. Oil: 36,245 Eaglebine/Dexter

ALLIED WALLPATH 1H

Production: 04/01/2011 Oil Cum.: 53,983

PMO-SHERMAN 1H

Production: 08/01/2011 Oil Cum.: 6,333

ENCANA-CRESHAM UNIT 1H

Permit: 12/12/2012

ENCANA-CRESHAM TRUST 3H

Production: 11/01/2011 Cum. Oil: 19,294

ENCANA-CRESHAM UNIT 2H

Permit: 12/12/2012

RIPLEY OIL

Eaglebine Order

CHESAPEAKE-BULLARD 1H Production 10/01/2011

Oil Cum.: 48,999

CHESAPEAKE- MCVEY UNIT A 2H Production 10/01/2011

Oil Cum.: 20,508

SAMSON-BLAKENEY 1H SPUD 12/09/2011

PMO-CARR-WARD


PMO-HOMER-COLEMAN 1H

Production: 01/31/2011 Cum. Oil: 34.573

PMO-MANNING 1H


FMD-CLAYTON 1H


FURIE -BARNES 1H

Production: 08/01/2011 Cum. Oil.:3,970

Activa 3

On production: 04/2011

GV: 300,000 BOE

Activa 1


GV: 250,000 BOE

Activa 2


GV: 400,000 BOE

Bohrungen Activa Resources

Activa 4


Activa 5


Activa 7

Activa 6


Wells drilled by other operators

Activa’s planned horizontal wells at OSR

2. OSR-Halliday and regional horizontal wells

Activa Resources wells at OSR

EUR Estimated Ultimate Recovery

14

2. OSR-Halliday – recent drilling activity south side

Halcon

Samantha Rizzio Oil & Gas SL

1H 2H 3H

Decker Sheldon Unit

1H

(January 2013)

OSR-HALLIDAY UNIT

SL

Chesapeake

Bullard 1H

SL

2nd horizontal well

(September 2011)

4th horizontal well

(2013)

5th horizontal

well (2013)

Southern tip of the

OSR-Halliday field

6th horizontal well

(February 2014)

7th horizontal well

(Q2 2014)

Horizontal well IP rates at

OSR-Halliday

1st well: 463 BOED (north)

2nd well: 700 BOED (south)

3rd well: 340 BOED (north)

4th well: 700+ BOED (south)

5th well: 600 BOED (south)

6th well: 600-800 BOED (south)

7th well: is currently being drilled

(south)

Next spud date:

8th well: Q3 2014 (expected)

15

2. OSR-Halliday – Drilling activities in the immediate area

16

Wilcox

Austin

Woodbine

Dexter

Conventional

Dexter

Unconventional

Buda

Georgetown

Edwards

Glen Rose

14 20 30

2. OSR-Halliday formations – production and potential

Historical

production Primary reserves

Secondary and

tertiary reserves*

* OOIP = Originial Oil in Place ** From waterflooding and CO2 Injektion

potential undefined

potential undefined

potential undefined

potential undefined

potential undefined

potential undefined

potential undefined

potential undefined

Wilcox Sands

Oil show in the 67-12, productive at

Day Dome

Austin Chalk

Oil - Proven OSR (100-1)

Woodbine Sands

Oil - Proven OSR

Main OSR-Halliday

Oil – Proven OSR

Woodbine Stray Sands

Oil – Proven OSR

Dexter Sands

Conventional Play

Oil - Proven OSR (Valence #1

Marshall – 637,824 BO)

Unconventional Play

Oil - Proven on trend, shows at

OSR, Dst Oil (114-2)

Buda Lime

Oil - Proven OSR (Endeavor #1

McVey – 3,455 BO)

Georgetown Lime

Oil - ML Shows Decker/Gas Show

105-1

Unproven at OSR/Proven on Trend

Edwards Lime

Oil/Gas with liquids - Unproven at

OSR/Proven on Trend

Glen Rose Lime

Gas with liquids- Proven on Trend

Good tests but Unproven at OSR

(105-1 1.75mmcfpd)

Bossier Sands

Dry Gas Unproven at OSR/Proven

on Trend (Encana #1 Gresham 2.4

Bcf Act.)

OOIP*: 148 million BOE

OOIP*: 350 million BOE

Depth

in feet

8,000

10,600

17

Year 1 Year 2 Year 3 Year 4 Year 5 20 Year

Total

Oil production (BOE) 98.185 43.800 26.280 19.345 15.330 299.300

Nat. gas production (BOE) 29.537 13.110 8.000 5.833 4.500 87.813

Production Total (BOE) 127.722 56.910 34.280 25.178 19.830 387.113

Total production

revenues (USD) 10.254.410 4.571.280 2.749.200 2.021.050 1.595.700 31.152.040

Production Tax (USD) 522.975 233.135 140.209 103.074 81.381 1.588.754

Landowner (USD) 2.050.882 914.256 549.840 404.210 319.140 6.230.408

Operating expense (USD) 120.000 30.000 30.000 30.000 30.000 690.000

EBITDA (USD) 7.560.553 3.393.889 2.029.151 1.483.766 1.165.179 22.642.878

DD&A 1.968.293 878.049 526.829 387.805 307.317 6.000.000

EBIT (USD) 5.472.260 2.485.840 1.472.322 1.065.962 827.862 15.952.878

Year 1 Year 2 Year 3 Year 4 Year 5 20 Year

Total

EBITDA (USD) 1.663.322 746.656 446.413 326.429 256.339 4.981.433

EBITDA (EUR) 1.223.031 549.011 328.245 240.021 188.485 3.662.818

EBIT (USD) 1.203.897 546.885 323.911 234.512 182.130 3.509.633

EBIT (EUR) 885.219 402.121 238.170 172.435 133.919 2.580.613

ACTIVA RESOURCES

SHARE

2. OSR-Halliday – horizontal well typical production profile

Assumptions: Gross share of Activa: 22 %

Oil price (WTI): USD 90

Gas price (Henry Hub): USD 8 (upward adjustment to reflect value of natural gas liquids)

Production Tax: 5.1 %

CAPEX: USD 6 million

EUR/USD: USD 1.36

18

2. OSR-Halliday – value creation since 2007 acquisition

USD 15 million

USD 45 million

USD 200 million +

Since acquiring its interest in 2007 Activa and its partners have increased the value of the field by a factor of

10 to 20 – in addition to producing significant volumes of oil, natural gas and natural gas liquids.

2007 2008-2009 2010 2011/2012 2014e

22 % 22 %

Milestones

22 % interest

corresponds

to EUR 6.1

per share

Value

OSR-Halliday Field

(100 %)

Activa Resources

working interest in

OSR-Halliday

Purchase of

32 %

for USD 5 million

Sale of

10 % interest

for USD 4.5 million

32 %

50 legacy

vertical wells

on production

New vertical well First horizontal well

New field analysis

and report

2nd and 3rd 4th - 8th

horizontal wells horizontal wells

Increase in Increase in

regional activity field production

capacity

19

2. Key Projects – Adams Ranch and Gray Waterflood

Adams Ranch (Activa WI: 82 %)

Historically a natural gas producer but with significant

heavy oil at 400ft. in the Escondido Formation

Oil in place: 13 million BOE

Thereof waterflooding potential: 4 million BOE

Ahead of waterflooding approval (pending) Activa is drilling

numerous 400 ft wells

Drilling costs per well: USD 30,000

Current field production: approx. 50 BOE

Development is currrently self-financed

Waterflooding to raise recovery volumes from 3,000 to

15,000 per well

2013 Operations

10 additional Escondido wells drilled in Q2

2014 Operations

Waterfooding: permit granted

Start waterflood activities during the year

Gray Waterflood (Activa WI: 60 %)

Historical production since 1910 approx. 10 million BOE

Additional potential from waterflooding: 2 million BOE

Re-Entry of a vertical wellbore in 2011 confirmed geological

assumptions

Production revenues from the Re-Entry well are covering

waterflooding pilot project

2012 Operations

Continuous production from Re-Entry well and water

injektion well drilled

August 2012: waterflooding approval received

Dezember 2012: water injection operations commence

2013-2014 Operations

Continued water injection and evaluation

Interpretation of pilot project in 2014

20

2. Key Projects – Pill Branch band Halls Bayou

*100 %

Pill Branch, Arkansas

Working interest: 100 %

Current production per day: 20 BOE

Potential: n.a.

Halls Bayou, Texas

Working interest: different

Current production: 0 BOE

Potential: 7.5 million BOE (Natural Gas) + 2.2 million BOE

(Oil) + 2 million BOE (Liquids)*

primary target formation is the Jetter Lime at a depth

of 6,200 foot

current lease size: 1,600 acres with expansion

potential

Successful first vertical well in the fall of 2013

performed. Second vertical well soon

(June / July 2014)

Thereby, Activa prepares the project as a successful

play for both vertical and horizontal wells

Initial project as part of Joint Development Agreement

with private oil and gas companies

Activa provides technical and marketing support for

the projects in return for 50 % of each project

1,200 acres leased in an area on trend with Activa’s

Loma project in Galveston County.

Multiple wells and additional prospects

Potential of first 3 prospects: approx. 11.7 million BOE

PLANNING FOR THE DEVELOPMENT OF THIS INVESTMENT

IS SIMILAR TO THAT ACTIVA HAS IMPLEMENTED IN

OSR-HALLIDAY.

ACTIVA HAS COMPLETED ALL DRILLING PREPARATIONS.

FIRST DRILLINGS ALREADY CARRIED OUT AT END OF MAY.

21

3. Facts & Figures

Field Operations 2006-2014

22

3. Group financial data 2010 - 2013

* Earnings before interest, tax, depreciation and amortization

** Average

Key figures (in Euro) 2012 2011 2010

IFRS

Revenues from the production of oil and gas 4,852,478 3,926,375 3,039,234

Other operating income 143,430 0 2,118,968

EBITDA* 1,503,114 1,166,692 2,114,049

Net profit -797,830 -2,047,409 -192,029

Equity ratio 26 % 34 % 29 %

Balance sheet total 13,659,476 13,022,242 13,104,967

Number of shares (31.12.) 5,203,833 5,178,833 3,729,446

Number of employees** 9 7 7

2013

5,302,256

6,938

1,957,262

128,580

22 %

15,010,366

5,203,833

8

23

0

2.000

4.000

6.000

2009 2010 2011 2012 2013

9.000

10.000

11.000

12.000

13.000

2009 2010 2011 2012 2013

-2.500

-2.000

-1.500

-1.000

-500

0

500

2010 2011 2012 2013

3. Long-term financial summary

Thsd. EUR

Thsd. EUR

Capitalised drilling rights, drilling and completion costs EBIT

Group EBITDA Oil and natural gas production revenues and oil price

500

0

-500

-1,000

-1,500

-2,000

-2,500

13,000

12,000

11,000

10,000

9,000

Thsd. EUR

0

500

1.000

1.500

2.000

2.500

2009 2010 2011 2012 2013

2,500

2,000

1,500

1,000

500

0

WTI

in USD 6,000

4,000

2,000

0

Thsd. EUR

24

3. Oil and natural gas reserves

Natural gas reserves (2P-proven and probable)

in billion cubic feet

Oil reserves (2P-proven and probable)

in million Barrels

Natural gas reserves (1P)

in billion cubic feet

Oil reserves (1P)

in million Barrels

0

1

2

3

4

01/2009 01/2010 01/2011 01/2012 01/2013 01/2014

0

2

4

6

8

01/2009 01/2010 01/2011 01/2012 01/2013 01/2014

0

3

6

9

01/2009 01/2010 01/2011 01/2012 01/2013 01/2014

0

4

8

12

01/2009 01/2010 01/2011 01/2012 01/2013 01/2014

25

18%

12%7%

20%

10%

33%

3. Shares

Key information

ISIN DE0007471377

German Sec. No. 747137

Ticker NXI

Shares outstanding 5,203,833*

Share capital EUR 5,203,833*

Transparency level Entry Standard

Market segment Open Market

Designated Sponsor Koch Bank, Frankfurt

Investor Relations GFEI, Frankfurt

Share performance since 2012 (Xetra)

Shareholder Structure

Management

Closely-held

DWS Investment GmbH

Asset Managers

Private Investors

Others (unknown)

Price details (Xetra)

Current EUR 2.60

Market Cap* EUR 13.53 million

52 week high EUR 2.70

52 week low EUR 2.00 0 €

1 €

2 €

3 €

2011-12-30 2012-12-30 2013-12-30

26

70

80

90

100

110

Dezember 10 Dezember 11 Dezember 12 Dezember 13

3. Activa Resources AG corporate bonds

Convertible Bond price since issue (Frankfurt Stock Exchange)

Corporate Bond price since issue (Frankfurt Stock Exchange)

Convertible Bond price since issue (Frankfurt Stock Exchange)

December 10 December 11 December 12 December 13

90

100

110

November 13

80

100

120

140

April 11 April 12 April 13 April 14

in %

in %

in %

8 % corporate bond 2010/2014

ISIN DE000A1E8Q94

Loan amount (in EUR million) 0.46

Maturity December 2014

Nominal value (in EUR) 100

Premium at maturity 5 %

Price at 05/14/2014 105 %

8 % corporate bond 2013/2017

ISIN DE000A1YCS50

Loan amount (in EUR million) 1.51

Maturity November 2017

Nominal value (in EUR) 100


Price at 05/14/2014 105 %

8 % convertible bond 2011/2014

ISIN DE000A1KQ086

Issue volume (in EUR million) 3.12

Previously converted (in EUR million) 0.73

Not yet converted volume (in EUR million) 2.39

Maturity December 2014

Conversion price (in EUR per share) 2.00


Price at 05/14/2014 127 %

27 27

4. Strategy and Outlook

Field Operations 2006-2014

28

4. Strategy

OSR-Halliday Further development of field with 7th

horizontal well in 2nd

Quarter 2014 and further

horizontal wells in 2014

Other projects Development of the project portfolio - selective Halls Bayou, Pill Branch,

investment to optimize the growth potential Adams Ranch, Gray Waterflood

Sale of “Non-core Assets“ 2011 Big Mule sold for USD 100,000 Well performance below expectations

2012 Bright Properties sold for Working interests too small

USD 300,000 (ROI 2,6 : 1)

2013 CERF/Navaro County sold for Of no strategic value to Activa

USD 575,000 (ROI 3 : 1)

29

4. Drilling programme 2013 / 2014

Project Q1 2014 Q2 2014 Q3 2014 Q4 2014

share)

OSR-Halliday

Loma Field

Adams Ranch

Gray Waterflood

Halls Bayou Prepare to drill

first well

Pill Branch

Start

waterflood-

activities

2nd vertical well USD 650,000

Capex (Activa’s

USD 1.2 million

per well

USD 0.2 million

USD 0.5 million

(Pilotproject)

USD 400,000

(Pilot)

1 horizontal well 1 horizontal well

per well

Conclude water

injection and

evaluate results

1 horizontal well 1 horizontal well

USD 400,000

30 30

5. Contact

Head Office

Activa Resources AG

Hessenring 107

61348 Bad Homburg

www.activaresources.com

Telefon: +49 (0) 6172 - 483 23 52

Fax: +49 (0) 6172 - 483 23 53

Email: [email protected]

2014 Corporate Diary

27 March 2014 - CEO Presentation, Hamburger Investor Conference, Hamburg

5-7 May 2014 - CEO Presentation, SCF Small Cap Forum (Spring Conference), Frankfurt

May 2014 - Annual Report 2013

8 July 2014 - AGM in Bad Homburg

September 2014 - Interim Report 2014

9-10 December 2013 - CEO Presentation, Munich Investor Conference, Munich

Regular publications

Corporate News

Activa Resources Quarterly Newsletter

Investor Relations

GFEI Aktiengesellschaft

Am Hauptbahnhof 6

60329 Frankfurt am Main

www.gfei.de

Telefon: +49 (0) 69 - 743 037 00

Fax: +49 (0) 69 - 743 037 22

Email: [email protected]

Corporate Presentation 06 · 2014-06-04 · Corporate Presentation 06.2014 . 2 Elevator Pitch: ......

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Transcript of Corporate Presentation 06 · 2014-06-04 · Corporate Presentation 06.2014 . 2 Elevator Pitch: ......