GENERAL PRESENTATION

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1 GENERAL PRESENTATION

2 The RELVAS company RELVAS is a family business that belongs to the Relvas family since its start in Since 2014 the Schneider/ICAS group of companys joined RELVAS as a major shareholder and took over the industrial lead. Schneider/ICAS is known as the Iconic producer of champagne type wirehoods. The family owned group is guaranteeing the continuation of RELVAS organic growth. In 2014 the company had a turnover of 17,5 million. The company is divided in two industrial plants Relvas Corticadas de Lavre (South of Portugal) reception, storage and preparing of unprocessed cork to manufacture natural cork discs and natural cork granulates Relvas Mozelos (North of Portugal) reception of natural cork discs and granules and assemble it to Champagne Cork Stoppers 2

3 The RELVAS company RELVAS main skills are: 100% SPARKLING Proudly specialized in the production of corks for Sparkling wines 100% SELECTIVE Maximum selectivity and independency on the supply of cork 100% VERTICAL Control over all steps of production with full traceability 100% HOME MADE All cork components are produced indoors allowing full control over quality 100% QUALITY Quality as a central process of the company with no compromises! 3

4 The RELVAS company OUR PRODUCT RANGE OUR CORKS YOUR WINE SMALL SIZE CORKS FOR SEMI - SPARKLING WINE / PEARL WINE WITH A PRESSURE BETWEEN 1 AND 2.5 BAR AT 20 C AND BEER STANDARD SIZED CORKS FOR SPARKLING WINE WITH A PRESSURE GREATER THAN 3 BAR AT 20 C SEALED ON STANDARD 0,75l BOTTLES LARGE FORMAT CORKS FOR SPARKLING WINE WITH A PRESSURE GREATER THAN 3 BAR AT 20 C SEALED ON LARGE FORMAT BOTTLES (1.5l up to 12l) SPECIAL SIZED CORKS FOR SPARKLING WINE THAT HAVE REQUEST SPECIAL CORK FOR HIGH STANDARD SPARKLING WINES 4

5 The RELVAS company Main markets Largest market is France and specially the Champagne Region (with about 45% volume sales) Italian market is ranked second with 20% of sales volume North American market is third with 14% of sales volume South American market is fourth with 10% of sales volume 5

6 The RELVAS company RELVAS cork main users in Champagne * We are proud to state that we are a stable supplier for some of the highest standards Champagne Brands including Krug, Dom Perignon, Veuve Clicquot Ponsardin, Moet & Chandon, Ruinart, Roederer, Laurent Perrier, among others. Qualified and important supplier of LVMH Group (Louis Vuitton Moet Hennessey) that includes Moet & Chandon, Veuve Clicquot Ponsardin, Krug, Dom Perignon, Ruinart and Mercier brands. We also work with Groupe Roederer, Groupe Laurent Perrier, Groupe Thienot and BCC (Lanson), Groupe Vranken, Nicolas Feuillate, Rotschild, Duval Leroy, Henriot and Tattinger (to name some) * This is a non-exhaustive list of customers and the names mentioned do not have any priority against nonmentioned customers who are equally important 6

7 The RELVAS company RELVAS cork main users in other regions * You can find us also at Ferrari, Contadi Castaldi, Nino Franco, La Marca, Gancia, Spumanti Gemin, Vezzoli, in Italy You can find us at Roederer Estates, Domaine Carneros, Korbel, Chateau Ste. Michele, Iron Horse in the USA We are leaders in the quality sparkling wine segment in Brazil and we serve Chandon, Salton or Valduga brands We are also present in other countries as Argentina (Bodegas Lopez) and Germany (Raumland) among others! * This is a non-exhaustive list of customers and the names mentioned do not have any priority against nonmentioned customers who are equally important 7

8 RELVAS cork main users logos (non exhaustive list) 8

9 RELVAS Production Presentation These next slides aren t exhaustive and represent some critical steps on the production of our Champagne Cork Stoppers 9

10 RELVAS UNIT 1 Headquarters of the company (procurement of cork, sales of processed cork and granules) Founded in the 90 s and located in the Alentejo with climate benefits and logistics Presence of natural water source Local preparation and production of cork granules and discs Sales of thick cork, fine granules, rejected cork ( feet, yellow stain, etc...) 10

11 RELVAS UNIT 1 Critical Steps Cork Storage 22ha for storage of 100% of cork purchased. Soil cposition is sandy allowing good drainage Cork lots to be stored longer will be covered by zinc based aluminum and supported over cement barres to allow drainage Critical defects rejection Before storage cork is selected to separate thick cork from the thinner cork and to eliminate cork critical defects (feet and yellow stain, etc ) 11

12 RELVAS UNIT 1 Critical Steps Patented boiling system Performed on cork 2 times to reduce dust and allow organoleptic nonconformities elimination and also good machinability Internal laboratory Two SPME-GC-MS for monitoring including TCA Physical controls on various products - specific weight, moisture, particle size Approval of lots purchased concerning the content TCA Systematic monitoring of TCA on the boiling water, washers and granules 12

13 RELVAS UNIT 1 Critical Steps Artificial visual inspection on discs Inspection of discs through laser and color cameras in all the surface of the disc; Allows to separate the discs into different grades Rejects discs defects 13

14 RELVAS UNIT 2 Administrative offices (administration, finance, sales & marketing, logistics) Founded in the 80 s and located in the North of Portugal where traditionally cork producers are based This unit is dedicated to the production of the final cork 14

15 RELVAS UNIT 2 Critical Steps Molding of granules State of the art machines Performed to produce a resistant and stable agglomerate body that influences directly the mechanical characteristics of the cork stopper Color artificial visual inspection on corks 360º inspection of cork stoppers Allows to separate the corks into different grades Rejects cork defects 15

16 RELVAS UNIT 2 Critical Steps Storage, treatment and branding of final product Automatic storage warehouse to allow FIFO and full traceability; State of the art machinery for surface treatment; Internal laboratory Systematic sensory testing, visual inspections on grades Physical controls on various products Small scale sparkling wine production winery for product approval and Research & Development 16

17 RELVAS 2015 Improvement Plan Data base analytics allows to compare cork purchasing data base (origin, quality, type, characteristics) with disc, grain and champagne cork performances; Grain vaporizing and heating customized system to increase mechanical and sensory performances; Disc vaporizing and washing customized system to increase mechanical, inerteness and sensory performances; 50% of cork stored covered and elevated from the direct contact with the ground; 17

18 RELVAS 2016 onwards Relvas intends to present in the next few years incremental and disruptive innovations into the process that allow product improvement and best in class sparkling wine corks Relvas intends to improve marketing skills that allow to better communicate our company and product 18

19 RELVAS You re welcome to visit us 19

20 GENERAL PRESENTATION

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