Karl Mayer Celebrates Anniversary, New Facility

Karl Mayer Textilmaschinenfabrik GmbH, a manufacturer of warp-knitting machines, recently hosted an
event celebrating its 70th anniversary and the opening of a new Customer Support and Development
Centre at its headquarters in Obertshausen, Germany. The 800 invited guests — including the Mayer
family, suppliers, partners and customers — were treated to a company tour, luncheon and a
reception on the Mayer family’s country estate.

The first stop on the tour was Karl Mayer’s new Customer Support and Development Centre. The
9,000-square-meter center contains 200 employee workstations; a customer support area; offices;
test facilities; laboratories; research and development facilities; and the Lace and Net Curtains,
and Warp Knits and Specials strategic units. Laboratory trials, and machine tests and
demonstrations are conducted in the areas of warp knitting, electrical engineering, machine
dynamics and textile technology.

“The specific design of the layout promotes networking between the various teams of
experienced specialists and thus speeds up the entire development process,” said Fritz P. Mayer,
managing director. “It also enables us to continue to make technological breakthroughs.”

The company’s production area and logistics center, which opened at the end of 2006, were
additional stops on the tour.

“We have already invested roughly 40 million euros in the site in Obertshausen since 2005,
and we intend to make further investments in the future,” Mayer added.

October 16, 2007