November 2020 meeting

© 2019 Chart Industries, Inc. Confidential and Proprietary

© 2019 Chart Industries, Inc. Confidential and Proprietary

Agenda

General
* Introduction of participants
* Introduction Chart, recent News …

Chart Ornago
* Recent History
* Factory Capability (Products, Technology, Operational, etc.)
* Overview of Cryogenic Tank Manufacturing and Processes (inc. SHEQ)
* Future plans/Alignment within Chart Group/Strategic Direction
* Next steps (Audit when feasible)

© 2019 Chart Industries, Inc. Confidential and Proprietary

Recent History: main topics
• Decin – Ornago synchronization: one design and…
• Chart acquisition end of 2018
• New CEO (Alfonso Comelli)
• New tech. Resp. (Carlo Borioli)
• 2019 starting the transformation: production first
• New production team
• New PM role (between sales and production – Alberto Macconi)
• 2020 one Chart in EU
• inner vessel in Ornago (welding robot)
Transformation dimensions: • Insourcing outer vessel
Strategy • New layout
• New equipment and paint booth
Organization
• Out Oxygen therapy
• Out trailers
Production • In HLN
• In LNG Compact filling station
Product families • In LNG re-gas station on skid

Quality • Third part certification about food compliancy

Synergies • Co design with New Prague team about hydrogen tank

• Homogenization of quality procedures at EU level
• Common approach in terms of security and transition to ISO 45,001
© 2019 Chart Industries, Inc. Confidential and Proprietary
VRV buildings and BU

D&S: standard static tank

D&S: HLNG

D&S: service

E&C

© 2019 Chart Industries, Inc. Confidential and Proprietary

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D&S building: static tank workflow

• 1 Dished end (2020)

4
• 2a Outer vessel (2020)
2a 2b • 2b Inner vessel
• 3 Inner into outer
5
• 4 Perlite
6 • 5 Dedicated painting booth (2020)
• 6 Plumbing

© 2019 Chart Industries, Inc. Confidential and Proprietary

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All production in one building

Focus on:
Optimized production flow: everything
in line
Minimized wasted time
Deleted intermediate transports
Reduced handling activities
Welding automation
Increase efficency
Better control of all production steps

© 2019 Chart Industries, Inc. Confidential and Proprietary

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All production in one building

© 2019 Chart Industries, Inc. Confidential and Proprietary

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All production in one building

© 2019 Chart Industries, Inc. Confidential and Proprietary

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LEAD TIME
30

25
25

22 22 22
21 21 21

20
18

16

15 14

12
11
10

0
2019-1 2019-2 2019-3 2019-4 2019-5 2019-6 2019-7 2019-8 2019-9 2019-10 2019-11 2019-12

© 2019 Chart Industries, Inc. Confidential and Proprietary

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ON TIME DELIVERY
On Time Delivery TARGET
100%
1 1
2 1 2 TREND
5 4
90% 4 1
1 1
1
11
4 2 4
80% 1
7
1
16
21
70%
18 1
oltre 4 sett
27 3
60% 3 sett
2 2 sett

50% 1 sett
32
ok
26
2
26
40% 2
17 9
31 23
2 1
6
30% 2
3 19

20% 1
12
2 1
1
10
10% 1
4 5
1
0%
2018-11 2018-12 2019-1 2019-2 2019-3 2019-4 2019-5 2019-6 2019-7 2019-8 2019-9 2019-10 2019-11

© 2019 Chart Industries, Inc. Confidential and Proprietary

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Future plans/Alignment within Chart Group/Strategic Direction

Main next steps:

Vacuum process alignement
Perlite process alignement
One Design and processes
Strategic sourcing
Management
Meeting EU / world level

© 2019 Chart Industries, Inc. Confidential and Proprietary

 www.ChartIndustries.com

© 2019 Chart Industries, Inc. Confidential and Proprietary

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