Annual report 2010

Page 4

Operational highlights ▪▪ Extended and strengthened supply agreements with world’s leading manufacturer of CdTe thin-film solar modules. ▪▪ Acquired Firebird Technologies ("Firebird"), a manufacturer of high purity metals and semiconductor for electronic applications. ▪▪ Entered into long-term agreement with Calyxo to supply semiconductor compounds and recycling services in Europe. ▪▪ Entered into long-term agreement with Teck Metals to supply germanium and indium feedstocks to Firebird. ▪▪ Signed a photovoltaic module recycling agreement with Abound Solar and a MOU for semiconductor compounds supply.

5N Plus Seizing precious opportunities for growth 5N Plus significantly expanded its geographic footprint and product portfolio in 2009, while consolidating its leading position as a producer of essential products for the thinfilm solar power generation industry. Our new facilities are the wholly owned Canadian subsidiary, Firebird, which adds strategic products to our portfolio, and a recycling plant in Wisconsin that enables us to better serve U.S. customers.

Seizing a precious opportunity for growth

Among the industries it serves, 5N Plus occupies the vanguard in the thin-film solar module value chain, producing essential products for two of the leading technologies. Equally important, we provide customers with a closed-loop recycling solution. In a world where every industry is expected by its stakeholders to look hard at their products’ total life cycle, this is an important differentiator for 5N Plus. By offering closed-loop recycling services for manufacturing waste, defective and spent products, 5N Plus transcends the supplier-customer relationship and becomes an essential business partner.

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