Business Presentation Carasa

Carasa Your Auction Provider

1

your auction provider CARASA was founded on October 1999 with one goal in mind; to meet the growing necessity of the public and private sectors to liquidate assets in disuse or no longer productive.

Through time we have grown into a well-rounded company with the strength and expertise needed to provide excellent outcomes selling: vehicle fleets, machinery and industrial equipment, agro-industrial machinery, aircrafts, furniture and office equipment, building material, real estate, etc.

Transparency Efficiency Experience Access to new markets Carasa Your Auction Provider

2

Services Presentation

CARASA CARASA was founded on October 1999 with one goal in mind; to meet the growing necessity of the public and private sectors to liquidate assets in disuse or no longer productive.

Through time we have grown into a well-rounded company with the strength and expertise needed to provide excellent outcomes selling: vehicle fleets, machinery and industrial equipment, agro-industrial machinery, aircrafts, furniture and office equipment, building material, real estate, etc.

Our scheme of work consists of live auctions and online auctions, held on our webpage www.carasaonline.com®. Depending on the assets and our client’s needs we promote the auction nationally and internationally. The live auctions can be complemented using internet technologies such as the CARASA Web Cast, allowing more buyers to participate in the auction.

C A R A S A cou n ts w i th th e best technological solutions, as well as tr ai ned a n d e xp e ri e n ce d pe rsonnel to fulfill our client’s sale r equir ements and o b j e cti ves Our backup services for the disposal of assets works through a service called “turnkey“. The process begins with a listing of the assets for auction and finalizes when the sales are closed, then we proceed to collect the payments and deliver the assets.

CARASA will provide professional appraisal services; our internationally and nationally certified team will inspect, evaluate and classify the assets.

Through promotional campaigns, publicity and direct marketing based on a specialized database property of CARASA we reach your target audience, and thanks to our IT developed specially to control each step of the process you can rest assured you are in good hands.

CARASA offers the best auction experience for sellers and buyers.

Carasa Your Auction Provider

3

Services Presentation

SERVICES Live Auctions

Ordered Sales

Appraisals

Inventory

Appraisals Specialties: The types of appraisals that we make are: • Real Estate • Industrial, machinery and equipment • Art • Banking

• Fiscal • Cadastral • Agricultural • Movable property • Commercial

Our accreditations and registers: Comisión Nacional Bancaria y de Valores

N° RD-3794

Comisión Nacional de Seguros y Fianzas

N° 733/754

Comisión de Avalúos de Bienes Nacionales

N° OC-539

Colegio de Ingenieros Mecánicos y Electricistas

N° 001

Comisión Nacional Bancaria y de Valores Registro para valuar empresas inscritas en

N° 116-99-088

el Registro Nacional de Valores e Intermediarios.

American Society of Appraisers

N° 008891

Appraisal Institute

N° 423984

Carasa Your Auction Provider

4

Services Presentation

Benefits selling assets through auctions: • The unproductive costs of storage are avoided • The sale of the assets at a fair price is assured • The workforce is not distracted from their everyday activities • It efficiently discards assets in disuse • Access to new markets • Transparency in the process • Fast recovery of capital -Integral services; we take care from the listing of assets up to the billing process.

Carasa WebCast: CARASA has implemented the CARASA WebCast technologies allowing our customers to participate live thanks to the internet. We use this technology for the live auctions that require, so that bidders from all over the world can be part of the auctions held.

The participation process through the CARASA WebCast is 100% auditable as are all our processes.

Carasa Your Auction Provider

5

Services Presentation

Auction Procedure Initial listing of the assets

The client submits to CARASA a list of the assets with a brief description.

Inspections visit for the appraisal

Our appraisal experts collects the data regarding the condition of the assets and takes photos.

Marketing Proposal

CARASA sends a marketing proposal which specifies the type of the sale we recommend, estimated time and economic proposal

Sign a contract

formalizing the business relationship

We require our customers to sign a contract that specifies who the owner of the assets is and that CARASA is a third party that commercializes the assets and therefore has no possession of the assets; it also specifies validity and commissions.

Online Publication www.carasa.com.mx www.salvacentrum.com

We publish the auction on the CARASA webpage including all the information regarding the auction: how to take part in it, date, time, venue, list of assets with photos and annex.

Marketing and promotion campaign Press, Internet, Telemarketing

We advertise the auction in the press, e-mailing, and direct marketing; based on CARASA’s database.

Auction

Our team will take care of the logistics for the auction (mobile office, auction systems, audio equipment, video, etc.), as well as the registration of the buyers and the winners of the assets.

Payment

We keep track of the payments and payment reconciliations and billing data compilation. Our goal is to comply with the Terms and Conditions established in the Auction Participation (which usually takes 5 days).

Release of assets and delivery

CARASA transfers the funds of the bidders with the lot details and billing data to the consigner.

Payment of commission

CARASA will send the bill for our services based on the commissions established on the contract, based on the fully paid lots.

Note: This is a general procedure, and each project may vary based on the assets featured or the particular necessities of the auction.

Carasa Your Auction Provider

6

Services Presentation

Carasa Your Auction Provider

Proceso de Subasta

7

Vehicular Fleet

• Trucks • Forklifts • Automobiles • Dry and refrigerated trailers • Tows • Trucks

Carasa Your Auction Provider

8

Construction machinery and equipment • Motor graders • Backhoes • Cranes • Winches • Tools • Material

Carasa Your Auction Provider

9

Aircrafts • Helicopters • Planes • Light Aircrafts

Carasa Your Auction Provider

10

Maquinaria y Equipo Industrial • Inyectoras • Plantas de Energía • Robot’s • CNC’s

Carasa Your Auction Provider

11

Properties

•Residential and Commercial •Rural Estate •Adjudicated assets •Developments and terrain for investors

Carasa Your Auction Provider

12

Services Presentation

Carasa Your Auction Provider

www.carasa.com.mx

13

Services Presentation

CARASA ON LINE The population with access to internet is growing day by day, as well as business done online.

CARSA developed this online tool to be an extension of the live auctions and is backed up by the same professional team.

Based on the assets to be auction and our customer’s needs we make a proposal, analyzing to what extend our online services will benefit the auction.

The bidders that wish to take part on the online auctions need to comply with the published Terms and Conditions Traditional media and online campaigns are developed in order to reach target audience.

Carasa Your Auction Provider

14

Services Presentation

CARASA ON LINE Our technological solutions increase that possibility of buyers around the country and world to take part on auctions; this makes the auctions more effective for the assets the need international audience.

A limit date and time is established for the receptions of bids, these are done directly on our page www.carasaonline.com速, the winners are immediately published as well as the last bids received, this helps us maintain the transparent and effective process that distinguishes CARASA. When the bids are closed the reports are sent to the winners for them to make the corresponding payment of the lot. We then solicit the information to return the participation warranties to the non-winning bidders. In the same manner as the live auction we take care of the payments and we finish the process with the release and delivery of the assets.

Carasa Your Auction Provider

15

Services Presentation

STEPS TO PARTICIPATE

Register as a user on www.carasaonline.com 速 Register to the auction you would like to participate Comply with the warranties, these vary depending on the lots Each lot has a warranty and a sum of money the buyer has to cover in order to participate The registry is validated through the warranty deposit Bid on line through our webpage www.carasaonline.com 速 We fully refund the warranty deposit to the non-winning bidders We send a statement of account to the winners with the data of the lots, their total cost, a warranty and a bank account to make the payment CARASA complies to the objectives and propositions settled in each project we develop, making the process transparent.

速

速

Carasa Your Auction Provider

16

Services Presentation

EXECUTIVE REPORTS 100% AUDITABLE PROCESS

速

Carasa Your Auction Provider

In order to support the administration and monitoring of the process www.carasaonline.com速 is prepared to provide executive reports and visits regarding the status of the auction, registered bidders, lot offers, allocated lots; this way we keep the transparency of the process as one of the main features.

17

Services Presentation

Carasa Your Auction Provider

www.carasa.com.mx

18

Services Presentation

Subasta de Aeronaves

Aircrafts On the CARASA webpage we have a section dedicated to aircraft auctions; you can consult all the details of the auctions we have held featuring aircrafts; including press releases regarding this innovative service with excellent outcome, we support our customers to fulfill their objectives the best way possible efficiently and transparently.

Promotion The promotional campaigns and summon for this type of auctions is both national and international.

Thanks to the press releases we generate after each step of the auction, the people interested can certify the results of the auction, making our compromise with our clients, buyers and sellers stronger.

We have the capacity, experience, brand prestige and recognition of our clients and buyers.

Carasa Your Auction Provider

19

Services Presentation

www.carasa.com.mx

IMPACT OF THE PROMOTION www.carasa.com.mx On international promotional campaigns we have successfully reached the following statistics on the webpage: Visits: 348,000 Pageviews: 5,550,000 Avarage time on site: 15:00 min New visitors: 41% Coverage: 104 countries National Impact : We cover 100% of the states

Note: The statistical data shown here was generated by an external company.

We count with the approval of the Asociaci贸n Mexicana de Internet.

Carasa Your Auction Provider

20

Success Stories Vehicle Fleet Action

GRUPO MODELO

Because of their ever-growing market Grupo Modelo needed to renew and update their vehicle fleet and industrial equipment, this is why they implemented and institutionalized the sale of the real state in disuse through public auction optimizing the sales process to the best bidder Venue: Grupo Modelo´s agency Hotels that are designated in accordance to the project Duration: 1 day Auctioned lots: Up to 500 lots auctioned in one day Type of summon: National Bidders: National

Auction Grupo Modelo

Carasa Your Auction Provider

21

Success Stories Federal Government Auction

SERVICIO DE ADMINISTRACIÓN Y ENAJENACIÓN DE BIENES The Servicio de Aministración y Enajenación de Bienes is a decentralized organization of the Federal Public Administration with legal personality and independent assets, coordinated by the SHCP (Subscretaria del Ramo). The SAE was created with the specific purpose of making the public function more efficient and transparent regarding how the public sector manages public assets that are on the Federal Government dispositions; reducing the costs of administration, operating, custody, liquidations and alienation.

CARASA has worked with the SAE since its creation; working hand in hand to reach the institution’s goals in a efficient and transparent manner through public auctions.

The SAE DECBM 02/10 Auction Venue: María Isabel Sheraton Hotel – Mexico City Duration: 2 days for registration and 2 days of auction 590 auctioned lots (an estimate of 30 million assets) Type of assets: Jewelry, watches, vehicles, aircrafts, boats, tractor-trailer, diverse assets Type of summon: National and International Sale (hammer price): More than 80,000,000 pesos Period of time for the winners to make the payment: 5 days Participants: National and International

Carasa Your Auction Provider

22

Success Stories State of Mexico Government Aircraft Auction

STATE OF MEXICO GOVERNMENT

The State of Mexico government had committed to renew the aircraft fleet and therefore hired our auction services which helped them obtain higher profits from the sales compared with a traditional sale.

Thanks to the auction the liquidation process was efficient and transparent.

During two separated auctions held by CARASA six Bell helicopters where commercialized reaching the goals previously stabilized.

Venue: State of Mexico Government’s hangar - Toluca Duration: One day Six auctioned helicopters Type of assets: BELL helicopters models 407 and 206 Type of summit: Nacional and International Sales – Hammer price: More than 6,000,000 dollars Period of time for the winners to make the payment: 5 days Participants: National and International

Carasa Your Auction Provider

23

Success Stories Industrial Equipment and Machinery Auction

APPLICA-BLACK&DECKER Applica restructured its production strategy for electrodomestics on a global level, resulting in the closing of the Balck&Decker plant of Queretro, for this reason it needed to liquefy all its assets, including the real estate. This had to be done in an efficient and rapid manner, this being the reason why they hired our services. Thanks to this they reached their sales objectives on time.

Venue: Applica-Black&Decker Plant Duration: 1 registration day, 3 auction days More than 1500 lots auctioned Type of assets: Machinery, injectors, lab equipment, molds, Tools, office equipment, furniture, service installations and real estate Type of summit: National and International Auction Type: On Site Auction with Webcast Services (Online Audio) Conducted in English with simultaneous Spanish translation.

Sales – Hammer price More than 5 million dollars Period of time for the winners to make the payment: 5 days Participants: National and International

Carasa Your Auction Provider

24

Success Stories Real Estate Auction

SCOTIABANK

Scotiabank permanently keeps the sale process of allocated assets through traditional means, with the purpose of making the process dynamic and seamless. This is why CARASA has developed with Scotiabank the Public Auction of Real Estate and Allocated Assets Project.

The outcome of this partnership has been a national promotion of the assets in a transparent and efficient manner which distinguishes our work. This is why the buyers have the certainty and confidence to acquire assets through our Public Auctions.

Three auctions have been held, selling real state all over Mexico.

Venue: Scotiabank auditorium – Mexico City Duration: 1 day More than 150 lots auctioned Type of assets: Allocated real estate, houses, apartments, rustic land and commercial property.

Type of summon: National Period of time for the winners to make the payments: 5 days to deposit 25% of the whole price of the real estate and rest when declared by notarial recording.

Participants: National

Carasa Your Auction Provider

25

Presentaci贸n de Servicios

Carasa Your Auction Provider

Principales Clientes

26

Presentaci贸n de Servicios

Carasa Your Auction Provider

Principales Clientes

27

Carasa Your Auction Provider

28