PIWORLD Investor Podcasts

Somero Enterprises CEO, Jack Cooney, President, John Yuncza and CFO, Enzo Licausi, presents the FY21 results, for the period ended 31 December, 2021, followed by Q&A. Jack Cooney, CEO 00:17 – Introduction John Yuncza, President 02:30 – 2021 In review 04:09 – Financial highlights 04:55 – Sales by territory 07:01 – Sales by product Enzo Licausi, CFO 08:36 – Operating results 10:05 – Financial position 11:16 – Cash flows 12:54 – Dividend John Yuncza, President 13:52 – Long term growth 15:38 – New products 17:46 – Products and applications 18:39 – International Growth 19:10 – Training and expertise 19:52 – 2022 Outlook 22:16 – Q&A Somero Enterprises, Inc. is a manufacturer of laser-guided equipment. The Company's equipment is used to place and screed the concrete slab in all commercial building types, including all floors in multi-story buildings. Its products include CopperHead XD 3.0,, Mini Screed C, S-15R, S-22E, S-485, S-940, S-10A, and the S-158 Laser Screed machines, STS-11M Spreader, as well as the 3-D Profiler System software, the Somero Floor Levelness System, and the SP-16 Concrete Hose Line-Pulling and Placing System. The Somero 3-D Profiler System allows automatic paving of contoured sites using a Somero Laser Screed equipment. Its Somero Floor Levelness System Monitors Laser Screed performance, operator performance and reports alert percentages of issues. The Somero SiteShape System allows for grade shaping automatically using users' motor grader, dozer or other grading machine. The Somero laser-guided technology is used in construction projects including warehousing, retail, and commercial.

LCM's CEO, Patrick Moloney & CFO, Mary Gangemi give an overview of their results for the period ended 31st December 2021. Patrick Moloney, CEO 00:17 - Introduction 01:08 - Period highlights Mary Gangemi, CFO 02:54 - Financial performance Patrick Moloney, CEO 03:59 - Management update 04:44 - Outlook Litigation Capital Management Limited is an Australia-based litigation finance company. The Company is an alternative asset manager specializing in disputes financing solutions internationally. It operates through two business models: direct investments and funds management. LCM's investment strategies include single-case, portfolios, and acquisition of insolvency claims. Its single-case investment includes investment in a single dispute globally. Its portfolio includes funding a bundle of single disputes in which LCM's capital investment is collaterally secured against the proceeds of the entire portfolio of disputes. Its acquisition of insolvency claims includes investment in smaller disputes through the acquisition or assignment of the underlying cause of action. The Company's product includes Fully Litigation, Litigation for finance companies, Funding for financial international arbitrations, Law firm/Portfolio funding, Disbursement finance, Security for costs, and others.

Headlam's CEO, Chris Payne presents the full year 2021 results for the period ending 31st December 2021. 00:17 - Introduction 00:25 - Agenda 00:53 - About us 02:19 - Financial highlights 05:11 - Financial track record 06:34 - UK Distribution daily sales 07:40 - Strategy and operations 07:48 - Operational highlights 09:48 - Business change strategy 10:46 - Strategy in action 11:32 - Trade counters 13:27 - Multiple retailers 15:19 - Digital and Ecommerce applications 17:08 - Product and brand development 18:12 - Suppliers and buying 19:52 - Financial overview 27:31 - Shareholder returns 29:38 - ESG Strategy 31:52 - Trading update and Outlook Headlam Group plc is a United Kingdom-based company, which is engaged in the sales, marketing, supply and distribution of floorcovering and other ancillary products in the certain Continental Europe territories. The Company has 63 operating segments in the United Kingdom and three operating segments in Continental Europe (France and the Netherlands). The Company’s customer base covers both the residential and commercial sectors. It is focused on providing customers with services through the product offering, unrivalled product knowledge and tailored solutions, sales team and marketing support, e-commerce support, and nationwide delivery and collection service. The Company has approximately 21 distribution hubs and centers.

Newly appointed CEO, Nicola Thompson and CFO, Adrian Evans summarise the year's results and their strategic vision for the year ahead. 00:18 Introduction Nicola Thompson, CEO 00:43 Strategic vision Adrian Evans, CFO 06:18 Financial highlights Nicola Thompson, CEO 08:49 Operational and strategic achievements & focus for 2022 Adrian Evans, CFO & Nicola Thompson, CEO 11:16 The outlook Made.com Group Plc is a United Kingdom-based holding company. The Company through its subsidiary, Made.com Limited, is engaged in the online retail of furnishings and homeware. The Company operates under two reportable segments: UK operations and Continental Europe operations. It sells its products across the United Kingdom, Germany, Switzerland, Austria, France, Belgium, Spain and the Netherlands through its e-commerce platform. The Company partners with over 150 established and up-and-coming designers, artists and collaborators. The Company's subsidiaries also include Made.com Design Ltd, Made.com Netherlands B.V, Made.com Trading Limited and Made.com Company Limited.

Here, Larry Zulch discusses the implications of the massive increase in energy prices, together with the Ukraine – Russia conflict to drive the transformation to alternative energy; and what that means for the sector and specifically Invinity. Long duration energy storage (LDES) will be integral to the alternative energy transition. Here Larry explains more about vanadium flow batteries, and other options. LDES will be a £10+ billion market, where Infinity, through the partnership with Siemens Gemesa, target 10% market share by 2030, and providing over 100 GWh during the next 5-8 years. Funding for this will be supported by Governments around the world, in particular, the USA and Germany accelerating their energy transition. The race is on for this to happen quickly. For Invinity, expect news on the Siemens Gemesa product and commercialisation early next year. 00:48 Is the accelerating cost of oi and gas driving the transition to renewable energy and who will be the winners? 03:50 What are the options for long duration energy storage (LDES)? 05:03 Lithium batteries versus vanadium flow batteries? 06:34 Hydrogen and sodium versus vanadium flow batteries? 09:09 Advantages of Vanadium flow batteries 10:04 What is happening in the USA with Biden’s Infrastructure Bill? 11:08 Something talked about is the frequency response companies exploiting the energy situation supplying the grid using old gas and diesel engines. How much is this happening? 12:46 With the current economic situation, we can see a major move to bring battery metal supply back to the west, does this impact the battery supply chain and of course the LDES situation? 14:42 Does anyone control the source of vanadium, and will demand push the price up? 16:48 How big is the market for long duration energy storage, and what percentage is likely to be taken by vanadium flow batteries? 21:38 How quickly can the renewable energy transition be accelerated, can we get supply on stream within the short term? 23:31 How important to IES is the UK Government award to develop a 40mw project with Pivot Power and EDF? Who else is involved? 28:02 Progress with the Siemens Gemesa joint development project. 30:16 The best geographies for IES production and supply? 32:00 How easy is it to take production from 30 MWh to multiple GWhs? Invinity Energy Systems PLC, formerly Redt Energy Plc, is a jersey-based vanadium flow battery company. The Company’s vanadium flow batteries are a form of non-degrading energy storage, already deployed and a key alternative to conventional lithium-ion batteries. The vanadium flow batteries are a form of heavy-duty, stationary energy storage, used primarily in high-utilization applications such as being coupled with industrial scale solar generation for distributed, low-carbon energy projects. Its flow batteries store energy in a non-flammable, liquid electrolyte, held in tanks within a self-contained module. Its storage markets are Europe, North America, Asia, Australasia and Africa.

Various Eateries Executive Chairman, Andy Bassadone, Chief Financial Officer, Oli Williams & CEO, Yishay Malkov give an overview of the full year 2021, for the 53-week period to 3 October 2021. Andy Bassadone, Executive Chairman 00:22 Overview of the full year Oli Williams, Chief Financial Officer 01:20 Financial highlights Yishay Malkov, Chief Executive Officer 02:15 Site expansion Andy Bassadone, Executive Chairman 04:40 Outook Various Eateries PLC is a United Kingdom-based company that owns, develops, and operates restaurant, clubhouse, and hotel sites in the United Kingdom. The Company is engaged in the operation of non-members clubs, restaurants, hotels, bars and lounge areas in London and the South East of England. The Company operates its restaurant business under Coppa Club and Tavolino brands across 11 locations. Coppa Club is a multi-use, all-day concept that combines restaurant, terrace, cafe, lounge, bar and working spaces. The Tavolino, is an Italian food restaurant brand.

Windward IPO’d December 2021. Here, Co-founder & CEO, Ami Daniel, CMO, Irit Singer and CFO, Ofer Segev, introduce the company. Ami Daniel, Co-founder & CEO 00:17 – Introduction 01:24 – Overview of Windward Irit Singer, CMO 04:10 – Market strategy 05:07 – Growth strategy Ami Daniel, Co-founder & CEO 06:24 – Ocean Freight Visibility launch 12:57 – Case studies 15:42 – How does it work? 17:03 – Why Windward? 17:35 – Closing remarks Windward is a leading predictive intelligence company, fusing artificial intelligence and maritime expertise to digitalize the global maritime industry. Windward’s AI-powered software solution provides real time information and insights on major seafaring vessels at sea, enabling stakeholders within the maritime eco-system to make intelligence-driven decisions to manage risk and achieve business and operational insights. Its customers include a number of leading participants across the maritime industry covering banks, commodity traders, insurers, government agencies, and major energy and shipping companies.

Wynnstay CEO, Gareth Davies and CFO, Paul Roberts present full-year 2021 results for the period ended 31 October 2021. These are record results with a significantly improved trading environment. They outline the growth plans and the prospects for future positive development. Trading for the new financial year has begun well, in line with expectations. Gareth Davies, CEO and Paul Roberts, CFO 00:17 Introduction Gareth Davies, CEO 00:50 Business overview 03:27 Geographic reach 04:35 Operational highlights Paul Roberts, CFO 06:17 Financial Overview Gareth Davies, CEO 14:43 Trading environment 16:06 Feed division 18:27 Arable sector 20:32 Glasson 21:38 Specialist agricultural merchanting 24:19 Growth strategy 25:36 ESG 27:34 Summary and outlook 28:24 Q&A Wynnstay Group Plc is a United Kingdom-based manufacturer and supplier of agricultural products and services. It operates through two segments: Agriculture and Specialist Agricultural Merchanting segment. The Agriculture segment is engaged in manufacturing and supply of animal feeds, fertilizer, seeds and associated agricultural products. Its Feed division, which operates approximately two compound feed mills and one blending plant, offers a range of animal nutrition products to the agricultural market. Its Glasson division is a producer of blended fertilizer, a supplier of feed raw materials and a manufacturer of added-value products to specialist animal feed retailers. Its Arable division supplies a range of products to arable and grassland farmers, including seed, fertilizer, and agro-chemicals. The Specialist Agricultural Merchanting supplies a range of products to farmers, smallholders, and pet owners. Its Youngs Animal Feeds sells a range of equine and small animal feeds.

NWF Chief Executive, Richard Whiting and Group Finance Director, Chris Belsham present the half year results for the period ended 30 November 2021. Richard Whiting, Chief Executive 00:18 Introduction 00:34 Overview and highlights Chris Belsham, Group Finance Director 07:40 Financial review Richard Whiting, Chief Executive 13:25 Development strategy Chris Belsham, Group Finance Director 17:30 Acquisition process Richard Whiting, Chief Executive 20:00 ESG framework 21:00 Summary and outlook Q&A 22:43 NWF Group plc is a United Kingdom-based company that is engaged in the sale and distribution of fuel oils, the warehousing and distribution of ambient groceries, and the manufacture and sale of animal feeds. The Company operates through three segments: Fuels, Food and Feeds. Its Fuels segment is engaged in the sale and distribution of domestic heating, industrial and road fuels. Its Food segment is engaged in the warehousing and distribution of client's ambient grocery and other products to supermarkets and other retail distribution centers. Its Feeds segment is engaged in the manufacture and sale of animal feeds and other agricultural products. The Company operates through its subsidiaries, which include NWF Agriculture Holdings Limited, NWF Distribution Holdings Limited, NWF Fuels Holdings Limited, NWF Agriculture Limited, New Breed (UK) Limited and Boughey Distribution Limited.

SThree Interim CEO, Timo Lehne, and CFO, Andrew Beach present the full year 2021 results for the year ended 30 November 2021. Timo Lehne, Interim CEO 00:20 – Introduction 02:42 – Strategy 03:47 – Highlights of the period 04:26 – Progress against strategic pillars 06:26 – ESG 07:59 – Our Purpose in action Andrew Beach, CFO 08:54 – Record net fees and profits 10:05 – Return to strong trading 11:07 – Very strong fee growth 11:43 – Continued trend towards employed contractors 12:37 – Regional and sector split 13:55 – Strong net fee margins driving performance 14:26 – Significant growth in productivity 15:06 – Record net fee performance drives operating profit 15:33 – Net cash position 15:07 – EPS and dividends 16:35 – Future visibility of the contract business 17:01 – Outlook 15:52 – Key financial takeaways Timo Lehne, Interim CEO 18:12 – Strategic outlook 19:52 – Driving towards continued growth SThree plc brings skilled people together to build the future. They are the only global pure-play specialist staffing business focused on roles in Science, Technology, Engineering and Mathematics (‘STEM’), providing permanent and flexible contract talent to a diverse base of over 8,000 clients across 14 countries with 2,700 staff. Their brands include Computer Futures, Progressive, Huxley, Real, JP Gray, Global Enterprise Partners and Madison Blacl. SThree is part of the Industrial Services sector and listed on the Premium Segment of the London Stock Exchange’s Main Market, trading with ticker code STEM.