BALTA GROUP N.V.

Balta Group is a leading manufacturer of textile floor coverings. The Balta divisions are Balta Rugs (Balta home), Balta Residential Carpets & Tiles (under the brands Balta Carpets, ITC and Balta carpet tiles), Balta Commercial Carpets & Tiles (under the brands modulyss, Arc Edition and Bentley), and Balta Non-Woven (under the brand Captiqs). Net sales break down by division as follows:

• Commercial (33.3%): wall-to-wall carpets and carpet tiles for commercial use;

• Residential (31.9%): wall-to-wall carpets and carpet tiles for residential use;

• Rugs (30.7%): machine-made area rugs;

• Non-Woven (4.1%): non-wovens for exhibitions and technical applications (insulation, linings, automotive, carpet backing and banners).

At the end of 2018, the group operates 10 production and distribution sites located in Belgium (6), in the United States (3) and in Turkey. Net sales are distributed geographically as follows: Europe (58%), North America (32%) and other (10%).