Promotional Environment of Grupo ULMA

The ULMA Group Promotion Area is currently basically immerse in the following objectives and tasks:

| Collaborating with group elements in the preparation of the promotion policy as a tool for the definition and implementation of the Grupo ULMA Business Portfolio. This implies defining the criteria, measures, etc, for new promotions and businesses.

| Developing the ULMA Embedded Solutions promotion, for both its strategic scope, that is at long-term, and the operational scope, that is on a day-to-day term. | Development of the prospective LEC (Light Energy Control) and NIMI (Non-Invasive Medical Imaging) activities.

| Support to the initiatives arising from the Businesses or from the partners of the Grupo ULMA. These initiatives are analysed ad-hoc in function of the requests and existing support capacities.

| Support to the innovation activities from a sensitisation point of view in the Industrial property (IP) management filed.

| Representing Grupo ULMA in different fields, both at institutional and corporate levels.

From a point of view of development of the ongoing activities, the ULMA Embedded Solutions (UES) initiative has completed phases I, II, and III of the current Promotion Policy. This year it should pass to phase IV that of long-term consolidation and proposal in the different company environments. The other two initiatives LEC (Light Energy Control) and NIMI (Non-Invasive Medical Imaging) will finalise phase I of the prospective, therefore the opportune decisions will have to be taken for it to pass to the following phases.

From a point of view of support to innovation, during last year 2013 we subscribed a long-term agreement for support of IP management (Industrial and Intellectual Property) with Galbaian, and in this context, henceforth we will carry out seminars ad-hoc about the management of patents and models of usage. Regarding the representation of Grupo ULMA in the different institutional/corporate environments, currently we are actively participating in the Mondragon Promotion and Innovation Committees, in Innobasque, Saiolan, Elkar-Lan, etc.