CORPORATE PRESENTATION 2012

PRESENTATION MILCOBEL GROUP

Cooperative Group – 3296 membersTurnover : 820 million euro

Consumption milk yoghurt

Cheese & buttermilkpowder

Ice cream Cheese distribution

MILCOBEL GROUP

FIGURES MILCOBEL 2011

Milk of the members 1.098 million L

Treatment of milk 1.014 million L

Milk powder 81.000 ton.

Cheese 39.000 ton.

Butter 8.000 ton.

Ice cream 145 million L

Consumption milk 150 million L

Turnover 820 million euro

Staff 1951

TURNOVER BY PRODUCT GROUP

Milkpowder

Ice cream

Own brand cheese

Other cheese

Liquid milk products

Butter and cream

Milk

27 %

22 %

20 %

13 %

11 %

5 %

2 %

MILCOBEL PRODUCTION PLANTS

KalloMoorslede

Langemark Schoten

Brugge Gierle

PRESENTATION YSCO COMPANY

HISTORY

Building of production hall in Langemarkproduction of 200 000 L

1975

1949

1992

1998

2000

Acquisition of OZF-Jamin(Oosterhout, Netherlands)

Foundation of Belgomilk cv

Ysco becomes an independent company

Start of ice cream production in Zarren

HISTORY

2004

2001

2006

2008

2011

Investment in a new magnum lineYsco achieves IFS higher level

Acquisition of Ségès-Frigécrème ( Argentan, Fr )

Transfer of the machinery in Oosterhout Towards Argentan and LangemarkNew mix plant in Langemark

Investment in a new cone lineNew automated coldstore in Ypres

New automated coldstore in Argentan

PRODUCTION PLANTS

ARGENTANLANGEMARK

LANGEMARK

» Biggest plant of the group» Surface : 6 ha» Capacity: 120 million liters» Volume 2011: 100 million liters» 450 employees + 150 season

workers

» 3 work shifts + weekend shift» Internal storage : 15 000 pallets» External storage: 60 000 pallets (45.000

PLE)» 7500 trucks per year» 21 automated production lines

ARGENTAN

» Former Unilever factory, acquired in 2001 by Ysco» Surface : 7 ha» Capacity: 80 million liters» Volume 2011: 45 million liters» 12 fully automated production lines» 200 employees + 150 season workers» External cold storage : 20 000 pallets

PRIVATE LABEL SPECIALIST

PRODUCT GROUPS

SCOOPING

31%

EXTRUDED STICKS

20%

CONES

35%

MOULDED STICKS

7%

PRODUCT GROUPS

CAKES

3%

CUPS

2%

SANDWICHES

1%

INDIVIDUAL PORTIONS

1%

OUR FOUR PRINCIPLES

QUALITY

QUALITY

Immediate analysis of the mix

End control in own laboratory

Internal and external panel testing

QUALITY

Full traceability of the products

Automated CIP installation

Strictest hygiene standards

Raw materials Consumption of the finished product

QUALITY - SUSTAINABILITY

» HACCP sytem throughout the production process

» Metal detection» Continuous training of

personnel» Automated in-line process

control» Certificate “Flemish ecological

charter”» Own energy supply with

cogeneration installation

INNOVATION

INNOVATION

» Pro-active customer category management» Constant marketing support» Continuous investment in new technology» Own product & packaging development team experienced in private label and

co-packing» Advanced IT package for R&D» Well equipped pilot plant for the production of samples» Wide product assortment

AUTOMATION

Automated palletising guarantees correct loading of pallets

33 fully automated production lines

Brand-new mix installation

AUTOMATION

SERVICE

SERVICE

Flexibility in production planning by means of a modern IT package

New automated warehouse PLE

Distribution in all countries of the European union

70.000 pallets (Belgium)

20.000 pallets (France)

SALES FIGURES

SEASONALITY SALES

Seasonality sales (in liters) La/Arg

0

5.000.000

10.000.000

15.000.000

20.000.000

25.000.000

30.000.000

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

(lite

rs)

2007

2008

2009

2010

2011

cumul:+ 5.964.095L

+4,27%

SALES EVOLUTION

0

20

40

60

80

100

120

140

160

180

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

sales Argentan

sales Oosterhout

sales Langemark

VOLUME PER REGION

WWW.YSCO.EU