EcoCortecEcoCortec®® -- firstfirst CroatianCroatian BioplasticsBioplastics plant™plant™

„Success is not final, failure is not fatal: Croatian Wings it is the courage to continue that counts.“ Newsletter Winston Churchill In this issue • EcoCortec®’s Record Fiscal Growth! • Excellence Awards for Excellent Employees! • Unforgettable Time in With Cambridge Delegation! • High Technology CorrShield® Creped Paper powered by Nano-VpCI® - Now Available from Croatia! • Higher Capacity of Warehousing in ! • Book Promotions in Karlovac and • Lab Director Snjezana in Employee Exchange Program • Take Advantage of Purchasing Static Dissipative Bubbles Film from EcoCortec®! EcoCortecEcoCortec®® -- firstfirst CroatianCroatian BioplasticsBioplastics plant™plant™

EcoCortec®’s Record Fiscal Growth!

We are more than proud that this year EcoCortec® new additions to our team in our production, facility, had 25 percent growth in respect of last year. Our lab and accounting department. Thanks to our plant is continuously growing, increasing its sales great partners and distributors our team is heading and most importantly its team! We have welcomed optimistically towards the future. page 2. EcoCortecEcoCortec®® -- firstfirst CroatianCroatian BioplasticsBioplastics plant™plant™

With new member of Cortec® family CorteCros®, warehousing capacities and professional team we Cortec® Corporation Europe will intensely work are ready to face all challenges that future brings on on conquering new markets, not only in Europe our growth path. but further. With excellent logistics, expanded

General Manager Dijana Zrinski during her Christmas dinner speech. She gave a business overview of last fiscal year and highlighted goals for the next one. page 3. page 4. EcoCortec EcoCortec in EcoCortec® customer service department ten years working started Zrinski Dijana leadership. and skills working their excellence, their for with congratulations winners our to presented were trophies The time long family.Cortec/EcoCortec of champions a true are and for company our in been have Both ladies work. dedicated their for Awards Excellence received Borsic Radic Ivana Europe: sales of VP and Zrinski EcoCortec’sRecently Dijana Managergeneral Our ladiesDijana andIvana after receiving the award in plant together with Mr.Ivan ® ® -firstCroatianBioplastics plant™ -firstCroatianBioplastics plant™ Excellence Awards for Excellent Employees! Rogan director ofCorteCros. or LasVegas, allexpenses paidby the Company! penthouse a of Hilton in Grand Vacations week Resorts one Orlando enjoying be will winners happy Our Europe. in here business grow to Croatia home of country her to returning after Sales European of VP She as serves years. now and Headquarters 17 Cortec® in starded for Cortec in been has Borsic Radic EcoCortec’sManager.Generalas Ivanarole new her in growth its in plant the guiding been has and ago page 5. Tim Bliss, Production Managerat Cortec® Advanced Films. They visited Croatiafor signing of Sister located City Manastir Beli of City the between Agreement in the region of Baranja Minnesota. and City of Cambridge, The sistership of two cities President/CEO was of initiated Cortec® Corporation, by our Miksic as Mr.a result of long-term successful businesses Boris of both manufacturing facilities,Cortec’s Ecocortec® in Beli Manastir and Cortec Cambridge. The Advanced ® idea occurred Films in from the both fact Cortec’s that plants greatly local economies contribute and to communities.Days their Croatia spent were in filled with most importantly educationtrue friendship has been formed. andCroatian fun and team was happy hostto suchand wonderful warm guests and hope that these in days spent Croatiaare something that will forever. stay with them

Cambridge Delegation! Cambridge - first Croatian Bioplastics plant™ Bioplastics Croatian first - - first Croatian Bioplastics plant™ Bioplastics Croatian first - ® ®

Unforgettable Time in Croatia With Croatia Time in Unforgettable

EcoCortec’s team had the honor of hosting delegation delegation hosting of honor the had team EcoCortec’s showing and Minnesota Cambridge, of City the from them a part of beautifulCroatia. Cambridge Delegation from included Mr. Joseph Morin Council, Mrs Linda - Woulfe Stan City Administrator, from City Gustafson - Economic Development Director and

EcoCortec EcoCortec EcoCortecEcoCortec®® -- firstfirst CroatianCroatian BioplasticsBioplastics plant™plant™ page 6. page 7.

VpCI® VpCI® technology goes to work to corrosion while protect the structure it of from the paper provides protectionfrom damage during delicately transportation cradling by the product. metal It protection provides with multi- corrosion that inhibiting condense onto vapors the and surface form a thin, uniform, economical, of and extremely your products This barrier self- is layer. inhibiting corrosion effective replenishing, providing continuouseven protection, if and closed. opened is repeatedly the package from Croatia! from - first Croatian Bioplastics plant™ Bioplastics Croatian first - - first Croatian Bioplastics plant™ Bioplastics Croatian first - Creped Paper powered by by powered Paper Creped ® ® Nano-VpCI® - Now Available Available Now - Nano-VpCI® High Technology CorrShield® CorrShield® High Technology

Once a product is wrapped in the creped paper, the We We are happy to announce that Cortec’s CorrShield® high-tech Creped Paper powered by NanoVpCI® is now available from Croatian plant EcoCortec®. This will enable shorter lead time and the productto be more cost efficient for our European customers. The film isavailable instock infollowing sizes: 1200 mm x 200 m and 600mm x 200m. This super- economical packaging and protection corrosion combines product contamination. package and eliminates one step into

EcoCortec EcoCortec EcoCortecEcoCortec®® -- firstfirst CroatianCroatian BioplasticsBioplastics plant™plant™

Higher Capacity of Warehousing in Europe!

We are happy to report that higher warehousing standards of its services. New investments made by capacities are enabled in Croatia not only by the new the company are the result of EcoCortec®‘s business pallet racking system in Beli Manastir that has more excellence along with continuously growing sales. than doubled the plant’s warehouse capacity but also with the new warehouse in Split Croatia. With this After ten years of doing business EcoCortec® is in new enlarged warehouse system shipping quantities the third phase of the plant’s planned construction. will be furtherly increased. The plant is now among leading manufacturers of bioplastics films and bags in Europe and is spreading One of the greatest goals of EcoCortec® team is its sales to Asian and USA market. continuous growth while maintaining highest quality page 8. EcoCortecEcoCortec®® -- firstfirst CroatianCroatian BioplasticsBioplastics plant™plant™

Book Promotions in Karlovac and Osijek

Boris Miksic’s mom Nina Miksic is already a book and remarkable events of her life. She reminded presentation veteran. She gave two more emotional of sad destiny of her ancestors which had to flee book presentations in December in Croatian cities from Russia during the Russian Revolution but also Karlovac and Osijek. Nina was especially emotional of her love for her country Croatia. Wherever she about her presentation in Karlovac since this the goes she fascinates attendees with her strength and city where she grew up and that she is especially remarkable persistence to contribute, create and be attached to. Nina carries Karlovac in her heart as useful to our community. Her messages are always she emphasized during her presentation speech in very inspirational especially for young people and Karlovac Youth center in front of full auditorium. show how important is to cherish strong values and She once again spoke about her fascinating life path hard work. page 9. EcoCortecEcoCortec®® -- firstfirst CroatianCroatian BioplasticsBioplastics plant™plant™

Lab Director Snjezana in Employee Exchange Program

Our EcoCortec® lab director Snjezana Mikolic Snjeza will be developing her own skills by working is visiting Cortec® locations in Minnesota and on sheeting, guillotine, and SRC machines that Wisconsin until the end of February. Mrs. Snjeza will eventually be shipped to a new plant in Beli performs quality control on raw materials, film Manastir. A foam sheeter and die cutter will be properties, and finished goods at EcoCortec® and a installed in EcoCortec’s new plant, as well, so major part of her visit will be running the QC lab at Snježana will also spend some time at White Bear CCP. This involves doing standard VIA, razor blade, Lake Cortec® headquarters learning how to work the and SO2 tests for VpCI® paper products produced at foam converting line. One of the greatest aspects of the plant. During her visit, Snjeza will be improving working in Cortec® is being able to gather and share CCP’s quality control system by performing two main experiences from abroad. This experience will surely tasks: Writing and updating work instructions on help her gain additional knowledge and tools for her paper testing instruments Training the new CCP lab future work that she performs with excellence. manager (when hired) on these test protocols.

Our EcoCortec’s lab champion enjoying Minnesota weather while sharpening her skills. page 10. EcoCortecEcoCortec®® -- firstfirst CroatianCroatian BioplasticsBioplastics plant™plant™

Take Advantage of Purchasing Static Dissipative Bubbles Film from EcoCortec®!

Multifunctional Cor-Pak® VpCI® Static Dissipative Bubble Film rolls are available at EcoCortec’s warehouse. This film of unmatched quality is the only bubble film in Europe produced with latest Nano- VpCI® technology providing a unique combination of cushioning and multimetal corrosion protection. Cor-Pak film is available in stock in standard size rolls 1000mm x 100m while custom sizes are available upon request. This modern, clean and flexible packaging material combines volatile corrosion inhibitors with cushioning packaging bubbles to provide protection for most sensitive or delicate components. Cor-Pak® VpCI® Static Dissipative Bubble Film is suitable for various packaging applications - from surface protection and interleaving up to creation of protective cushions and empty space packing. Using Nano-VpCI® technology, the bubbles protect a variety of metals including carbon steel, aluminum, copper, brass, silver, and stainless steel without leaving residue on packaged items. page 11.