ELITE London Stock Exchange Group - Maven Associates

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ELITE London Stock Exchange Group - Maven Associates
ELITE

London Stock Exchange Group

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ELITE London Stock Exchange Group - Maven Associates
ELITE – Supporting Ambition & Growth

                         Global leader in supporting SMEs. Helping
                         ~1000+ companies from 40 countries to
ELITE is an ecosystem,   outperform their industry peers through a
learning and             proven, customizable approach.

networking platform      Gateway to connections, partnerships, and
helping ambitious        opportunities. Part of London Stock Exchange
                         Group, it’s a hub to access a wide
private companies        community of partners, advisers, investors
                         and other stakeholders.
prepare for the next
stage of growth, scale   Ability to support companies throughout
                         their lifecycle. Committed long-term strategic
up and access capital.   partnership and high impact with tangible
                         benefits for companies, partners, their
                         community, and the midmarket ecosystem.

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ELITE London Stock Exchange Group - Maven Associates
A global community

ELITE brings together key stakeholders, investors, advisers and companies at a
local and global level.

                                                       40+
                                                       COUNTRIES
                                                                       1000+
                                                                       COMPANIES
                                                       WORLDWIDE       WORLDWIDE

                                                      2000+ 200
                                                      INVESTORS        ADVISORS

                                                           $80+bn
                                                           AGGREGATE REVENUES

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ELITE London Stock Exchange Group - Maven Associates
International growth of the ELITE community

 Launched in 2012, ELITE has over 1000 companies enrolled and is growing rapidly.

                                                                                    40
                                                                                    COUNTRIES
                1070                                 1070
                COMPANIES

                                              673

                                       416

                                276
                    180
         101
48

2012     2013       2014        2015   2016   2017   2018
                          ELITE Companies

     Page 4     *year to date
ELITE London Stock Exchange Group - Maven Associates
Diverse Company Network

     1070                                40                       $81bn                 472,000           36
  COMPANIES                        COUNTRIES                    AGGREGATE               EMPLOYEES    SECTORS
                                                                 REVENUE

                         20 2018
                                                    Industrials                                24              €500M
                                                    Oil & Gas

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ELITE London Stock Exchange Group - Maven Associates
International Community of expert partners

                   1070              200+             200+
                   ELITE companies   ELITE Partners   ELITE Investors

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ELITE London Stock Exchange Group - Maven Associates
ELITE endorsed by G20

                        “ELITE has become a global model
                        in boosting companies' growth and
                        access to the market for capital.
                        The B20, the forum of companies
                        in the G20, has included ELITE as
                        an example to follow in policy
                        papers for Governments to be
                        presented Friday in Buenos Aires.
                        Created in 2012 in Italy, ELITE is
                        the London Stock Exchange
                        Group's exclusive business support
                        and capital raising program, led by
                        CEO Luca Peyrano”

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ELITE London Stock Exchange Group - Maven Associates
ELITE
   • Program

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ELITE London Stock Exchange Group - Maven Associates
Growth Program

                           CORE MODULES:
ELITE companies go         1. Strategy (strategy formulation, execution & organisation)
                           2. Structure (governance, risk mgmt, efficient operations
through a structured 12    and processes)
month programme –          3. People (talent mgmt, resource mgmt, leadership and org.
                           structure)
delivered through a        4. Market (market orientation, internationalisation and
number of modules,         digitalisation)
                           5. Finance (thinking strategically about growth funding;
customized to the cohort   accessing capital)
needs. These are
                           Additional MODULES delivered on demand: Companies
delivered jointly with     select additional workshops to attend, for example,
academic partners,         innovation, entrepreneurship, IPO, Trade Sale & Exits

advisers, investors and    MENTORSHIP: Companies can also have mentors assigned
business leaders.          to address a specific area of developing their business.

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ELITE London Stock Exchange Group - Maven Associates
ELITE is for the Management Team

   Vision
   Become a
leading global
brand providing
     high
 performance
   solutions
  enabled by
   Additive
Manufacturing

    Mission
Putting Additive
Manufacturing
 at the heart of
everything we
        do

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Company access requirements

ELITE serves the most exciting and ambitious businesses with $5m of revenue or greater, strong business
model, clear growth strategy and the commitment to implement useful changes for development.

                                                  High quality and ambitious company

                                                  Evidence of past growth and future potential

              ELITE                               Commitment to participate in the programme and
         ACCESS                                   motivated to implement valuable changes
      REQUIREMENTS
                                                  Desire to obtain funding in the future to accelerate
                                                  growth

                                                  Credible company management

ELITE reserves the right to allow companies to join and/or continue as members of ELITE, taking into consideration the macroeconomic situation, the
characteristics of the sector and any temporary or extraordinary circumstances affecting the applicant.

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Recruitment & On-Boarding
• Eligible ELITE companies are identified by local stakeholders, desk research,
  and commercial partners in regional or bespoke cohorts
• Once onboarded every company conducts ‘ELITE Growth Compass’
  assessment and is introduced to their dedicated Relationship Manager

                                Approval                   Growth     First ELITE
                   Digital
                               from ELITE   Acceptance    Compass      Module –
   Recruitment   Application
                               Admission    onto ELITE     Digital       Core
                   Form
                               committee                 Assessment    Strategy

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ELITE – Internatioalisation

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ELITE International Roadshows 2019

❑ April 2019 – London, UK
        Shenzhen Stock Exchange (CHINA) companies visit to London

❑ June 2019 – Ohio & Chicago, USA Mid-West,
        International ELITE Companies Roadshow - Business matching and Investment

❑ August 2019 – Shenzhen & HK, China
       International ELITE Companies Roadshow – Business matching and Investment

❑ October 2019 - London, UK
       ELITE Day – London - Global Conference ELITE

❑ Nov/Dec 2019 - Brazil
       International ELITE Companies Roadshow - Business matching and new markets

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ELITE

Impact Analysis

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ELITE Company Revenue Growth
ELITE Companies Generate 2-7x that of peers

 Revenue
                     ELITE        Benchmark
 Growth

 Industrials              29%                13%
 Consumer
                          28%                14%
 Goods
 Technology               28%                  4%

  The analysis involves the financial data of companies that joined ELITE program from 2012 to 2015. Within this subset of companies, the three major industries
  (Industrials, Consumer Goods and Technology) were identified, and these companies were selected for analysis. Benchmark companies were also selected using
  quantitative criteria in order to mirror the composition of the ELITE basket of companies*.

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                *Companies were chosen to lie within a range within 50% of the sample mean of ELITE companies’ 2016 revenue,
                EBITDA%, EBIT%, average number of employees, and net profit.
ELITE Company Employee Growth
ELITE Companies Create 2-4x as many jobs as peers

 Employee
                      ELITE        Benchmark
 Growth

 Industrials               36%                  8%
 Consumer
                           27%                16%
 Goods
 Technology                46%                18%

  The analysis involves the financial data of companies that joined ELITE program from 2012 to 2015. Within this subset of companies, the three major industries
  (Industrials, Consumer Goods and Technology) were identified, and these companies were selected for analysis. Benchmark companies were also selected using
  quantitative criteria in order to mirror the composition of the ELITE basket of companies*.

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                *Companies were chosen to lie within a range within 50% of the sample mean of ELITE companies’ 2016 revenue,
                EBITDA%, EBIT%, average number of employees, and net profit.
ELITE companies impact
                                                                                                                                                                               *

                 40%

                 35%                                                                                                                                 36%

                 30%
                                                                                                                                                                         32%
                                                                                                                                                                   29%
                 25%

                 20%

                 15%

                 10%                                                                         16%                         16%
                                                                                                           14%

                   5%                  7%
                                                                  6%
                                                     5%
                   0%
                                             1Y in ELITE                                             2Y in ELITE                                          3Y + in ELITE

                                                               Δ% Revenues                             Δ% EBITDA                           Δ% Employees

We have monitored our companies’ financial performance since they joined the ELITE ecosystem. Results show that the longer the ELITE
            Companies have been operating within our community, the higher their growth rates in relevant fields such as
                                            Revenues, EBITDA margin and Employees.

             * All these delta are given as a result of internal analysis and are excluding outliers financials that could potentially invalidate the statistics
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Our companies…
                                    VIDEO - https://www.elite-network.com/private-
                                    companies/programmes/united-kingdom

“…..has been fantastic in                                                            “…enable us to achieve our
giving us the time and                                                               ambitious plans for Tharsus’ future
structure to think about long                                                        growth….access to many leading
term strategic planning…..”                                                          subject matter experts….”
Jordan Mayo, CEO of Profile                                                          Brian Palmer, CEO of Tharsus
                                       “…..come from every session
Pensions
                                       with 2-3 things I can
                                       implement in my business…..”
                                       Justine Roberts, CBE
                                       CEO and Founder of Mumsnet

                                                                                      “….It's been inspiring to share challenges,
                                                                                      opportunities and experiences with other
                                   “…we have gained expertise and                     high growth companies. We've covered
“…increased our awareness of
different forms of funding and     confidence allowing us to continue to              everything from international expansion, to
what needs to be done to prepare   place technology at the heart of our               company culture and financing.”
for each…”                         business and aspire to build a world               Lucy Greggains , CFO, Unruly Media
Graeme Malcolm, CEO of
M Squared Lasers
                                   class operation….”
                                   Anthony Fletcher, CEO of Graze
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ELITE Companies Access Capital

Highlights

                           883 Corporate transactions involving 321 ELITE companies

                            30% ELITE companies completed a corporate transaction*

                                      $12bn transaction value by ELITE companies**

M&A, Equity investments and Joint Ventures                                                Capital Markets (Equity and Debt)

 ▪    725 M&A and JV deals involving 277 ELITE                                             ▪      45 ELITE companies issued bonds raising
      companies                                                                                   $1bn

 ▪    188 PE/VC transactions involving 117 ELITE                                           ▪      24 ELITE companies listed on a public market,
      companies                                                                                   raising $1.6bn

     Page 20   * Corporate transactions include: M&A, JV, PE and VC deals, IPO
               ** Disclosed figures based on: PE/VC Deals (Zephyr and Beauhurst data), IPOs and Bond Issues (LSEG data)
               Data period covers 1 January 2012 – 20 December 2018
ELITE
   Why Ohio & Launch

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A global community of local businesses

WHY OHIO? – First choice for ELITE USA

2 hr flight / 1 day drive
                             GDP $650bn+
 = nearly 2/3

                             1m SME’s
of the US economy

                             Central Location

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ELITE USA launched in Ohio at ELITE DAY

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Content Partners for ELITE Ohio

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ELITE – Ohio Launch Dec 5th 2018
                            10 Companies from SE Ohio

                            • 7 diverse sectors from
                              the SE Ohio economy
                              including: Staffing,
                              Industrials, Tech,
                              Construction, Retail,
                              Healthcare and a
                              Municipality

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ELITE – Ohio First Cohort
              Big Sandy Superstore       Big Sandy Superstore is today one of the nation's top 100
              Location: Athens, Ohio     furniture retailers.
              Sector: Retail

              Jackie O’s                 Jackie O's Pub & Brewery is a craft brewery. Founded in 2005,
              Location: Athens           its beer has been recognized and enjoyed internationally.
              Sector: Brewing

              InfoSight                  InfoSight Corporation manufactures industrial marketing
              Location: Chillicothe      equipment for manual and automatic identification and
              Sector: Manufacturing      traceability applications.

              QuickLoadz                 QuickLoadz has developed a solution for moving shipping
              Location: Nelsonville      containers with the truck's trailer doing all the work.
              Sector: Logistics

              Holzer                     Holzer Health System in southeastern Ohio for multiple services
              Location: Gallipoli        such as urgent care, primary care, cancer care, assisted living
              Sector: Healthcare         and birth care.

              City of Athens, Ohio       Located on the Hocking River in the southeastern part of Ohio,
              Location: Athens           Athens is the principal city of the Athens, Ohio Micropolitan
              Sector: Municipality       Statistical Area.

              Stockmeister Enterprises   Stockmeister Enterprises, Inc. was founded in 1991. The
              Location: Jackson          company's line of business includes the construction of
              Sector: Industrial         nonresidential buildings.

              Petland                    Petland is an operator and franchisor of pet stores, operating
              Location: Chillicothe      131 stores in the United States, and at least 63 in foreign
              Sector: Consumer goodsX    markets.

              The Drugstore              ThePharmacy4U is a full-service retail pharmacy chain
              Location: Obleness         consisting of four outlets across Southeastern Ohio and West
              Sector: Consumer goods     Virginia.

              RSS                        RSS delivers staffing services that hold distinguishable value to
              Location: Jackson          our clients, employees, and important stakeholders.
              Sector: Support services

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ELITE – Ohio Testimonials & Survey

                             Survey Results Ohio Session 1
 Pratical Application
  Workshop Delivery
            Innovation
   Innovation Culture
             Branding
   Strategy Session
   Strategic Thinking
  Program Overview
                         0      0.5   1   1.5   2   2.5   3   3.5   4   4.5   5

“The LSE’s Elite Program has already provided us with a deeper understanding of our future
growth options and access to customers and resources in our market that we would have been
unable to reach without their assistance. We are looking forward to our future with Elite and
how we may better serve our clients.” Seth Stockmeister – CEO Stockmeister Enterprises

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ELITE Ohio Launch Press Coverage
Global, Regional, Local

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ELITE

Bespoke Partner Lounge

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Private “ELITE Lounge” proposition

                                                We are able to create a dedicated co-branded “Lounge” platform designed
                                                to jointly support companies on their growth journey and provide access to
                                                a range of funding options. ELITE Partners will have an opportunity to
                                                strengthen its offering for clients and promote its activities to gain more
                                                opportunity.

                                             What’s in it for ELITE Partner?

           Competitive                                                                                  Showcasing
                                                               Revenues
           Advantage                                                                                   ELITE Partner

• ELITE Partners enter into a strategic            • Supporting companies through their        • ELITE Partner position supporting
  partnership with ELITE and create a                scale up journey will yield direct          SMEs is further enhanced.
  unique value added service to its                  increase in sales as ELITE Partner        • Increased PR and media coverage.
  current and prospect clients.                      gains a better understanding of its       • Distribute thought leadership and
                                                     clients needs and they accelerate their     showcase its’ innovative abilities.
• ELITE Partner will raise it’s profile to           growth.                                   • Dedicated online communications
  the community of entrepreneurs,                  • Allowing more efficient cross-selling,      and events with ELITE Partner.
  private and listed businesses, as                  up-selling and long term relationship
  well as the wider ecosystem.                       building.
                                                   • New business development
                                                     opportunity due to increased exposure
                                                     a differentiating value proposition.

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How does it work?

                                      Marketing
                                                                 Companies                   Companies
    Identify clients to               Event and
                                                                go through 12                 remain in
    put forward to the                 launch of
                                                                    month                       ELITE
         Lounge                      ELITE Partner
                                                                 programme                   community
                                        Lounge

  10-20 companies in a
                               ELITE Partner & ELITE to    ELITE Partner delivers     Companies remain in the
  year, typically with £5m-
                               have landmark event at      relevant sessions in the   ELITE ecosystem allowing
  £500m in revenue on a
                               with the first set of       programme and regularly    continued engagement
  rolling basis as and when
                               companies jointly and       engages with the           with peers, advisors and
  they are ready. Select
                               issue a press               companies.                 stakeholders
  existing clients to get
                               announcement about
  closer engagement.
                               the partnership.            Dedicated online           ELITE companies also
                                                           environment for ELITE      have continued access to
                               Ongoing media               Partner community.         ELITE digital platform,
  Identify potential clients
                               exposure as companies       Mentorship and clinics     ELITE events, including
  from existing networks or
                               in the programme refer to   scheme.                    and international
  new networks and use the
                               ELITE-ELITE Partner                                    roadshows, ELITE Day
  programme to help
                               Lounge in the interviews                               and ELITE solutions
  convert into a paying
                               with the press.                                        including capital raising
  client.
                                                                                      and business matching

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Successful Lounge Partnerships

Partners benefit from

•
+    Deeper client relationships

+•   Increase in cross selling opportunities

+•   Differentiated value proposition for clients

+•   Increased profile as champion of Mid-Market

+•   Wider stakeholder engagement

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What do Lounge partners say?

Domenico Fumagalli, Senior Partner at KPMG

“We have eagerly partnered with ELITE to develop a Lounge focused on M&A and international growth. As KPMG, we offer
the Lounge the best of our expertise in terms of solutions, insights and approach to an integrated management for all
different kind of businesses: strategy, finance, governance, innovation. I strongly believe that all the companies taking part
in the ELITE-KPMG Lounge have become more mature and aware of their own strategic choices necessary for the
acceleration of their growth.”

Regina Corradini, Head of Corporate Banking at BNL,

“Research and Development with the support of appropriate financial resources underpins the innovation process and is
essential for competitive position and business growth. For this reason BNL has developed and Lounge focused on
‘innovative companies’ in partnership with ELITE facilitating companies access to training courses, specialist know-how and
expertise that is vital for business growth, both in Italy and abroad.”

 Nicola Sturgeon, First Minister of Scotland
 “Scottish businesses have benefited from the ELITE programme, a fantastic programme in my view, that prepares
 ambitious companies to plan and prepare for growth, providing them with access to world-class advisers and
 business leaders, helping them to raise funds from investors”.

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Disclaimer

This document contains text, data, graphics, photographs, illustrations, artwork, names, logos, trade marks, service marks and
information (“Information”) connected with ELITE S.p.A. (“ELITE”) and/or other entities taking part of the London Stock Exchange
Group (“LSEG”). ELITE attempts to ensure Information is accurate, however Information is provided “AS IS” and on an “AS
AVAILABLE” basis and may not be accurate or up to date. Information in this document may or may not have been prepared by
ELITE but is made available without responsibility on the part of the latter. ELITE does not guarantee the accuracy, timeliness,
completeness, performance or fitness for a particular purpose of the document or any of the Information. No responsibility is
accepted by or on behalf of ELITE for any errors, omissions, or inaccurate Information in this document. The publication of this
document does not represent solicitation by ELITE of public saving and is not to be considered as a recommendation by ELITE as
to the suitability of the investment, if any, herein described.
No action should be taken or omitted to be taken in reliance upon Information in this document. We accept no liability for the
results of any action taken on the basis of the Information.

Elite Club Deal Limited is authorised and regulated by the Financial Conduct Authority

The logos, trade marks and service marks contained within the Information are owned by ELITE or the LSEG and cannot be used
without express written consent by the company having the ownership on the same.

© January 2019 ELITE SpA – London Stock Exchange Group
All rights reserved
ELITE SpA Piazza degli Affari 6, 20123 Milan (Italy)
www.elite-group.com

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