Asaba Group Holdings, Victor Edozien: The Prince of Steel Nigeria-American businessman, Victor Edozien, has quietly built a $400m portfolio in the American automotive manufacturing industry. He towers elegantly as Nigeria’s image builder in the global community. MANUFACTURING plants across the United States of America have faced steady close-downs as businessmen move their operations to Asia and Latin America to reduce cost and optimize profits. This has led to high unemployment and dislocation, leaving industrial centres such Detroit in ruins. If the situation is to be resolved however, it will be due to brave souls such as Nigerian American investor and business personality, Mr. Victor Edozien, whose string of plants are keeping thousands of people in jobs and last year returned a healthy $400million turnover. Edozien’s Asaba Holdings operates manufacturing, consulting and lifestyle businesses and has operations in five states in the US. Its portfolio companies include the AG Manufacturing Inc, which is an Electrical and electronics sub-assembly manufacturer for the automotive, marine and military defense industries; the SET Enterprises, which is a major provider of steel processing services to the automotive industry and the Asaba Group which offers strategy consultancy to the automotive industry and the US Air Force. The companies operate manufacturing plants in Michigan, Illinois, Alabama and Indiana. ‘We have a portfolio turnover of $400m last year and our goal is to

Asaba Group Holdings: LaserCoil receives order for laser coil cutter New Boston, MI - LaserCoil Technologies has received an order for a LaserCoil coil-fed blanking system from SET Enterprises, a processor of flat-rolled metal primarily for the automotive industry. The 2100mm-wide dual-head system, featuring two 6kW lasers, is being installed at the company's New Boston facility, where SET processes blanks for the automotive industry. "LaserCoil’s solutions give SET the ability to provide their customers with superior blank quality in all grades of advanced engineered materials," says Victor Edozien, chairman and CEO of SET. "This capability is critical in an increasingly dynamic automotive industry that is transitioning to support advanced high-strength steels and aluminum alloys. The capability and flexibility of LaserCoil's system, in combination with SET's operating experience, gives us the manufacturing agility and responsiveness to rapidly meet our customers' most complex metal processing needs. "In addition to the advanced processing capabilities provided by the LaserCoil hardware, their control system and laser blanking operating system software allow us to maximize our blanking efficiency. Our lines will deliver solutions to our customers in a fraction of the time required by traditional blanking." An additional benefit of the software programming capabilities is the ability to maximize raw material usage and reduce scrap. As automotive OEMs increase the use of

Asaba Group Holdings: Wharton Fellows Uncover the Next Big Thing CEOs and other senior executives know better than perhaps anyone in their organizations the need to stay current and prevent the kind of inertia that can hold their companies back. The problem is finding the time for a rigorous learning experience when day-to-day demands require their constant presence. “This is the challenge Wharton Fellows: Master Classes and Networking for Senior Executives was designed to meet,” says Jerry Wind, Wharton marketing professor and faculty director of the innovative program. “In three-day Master Classes, we visit and learn from some of the world’s most innovative companies, meeting with the leaders who are at the center of the action.” Most recently, the Fellows’ three days were spent in New York, where they learned about open innovation from one of the Museum of Modern Art’s chief curators and the president of the ground-breaking advertising agency Victors & Spoils. During a visit to the headquarters of Bloomberg, the former mayor and founder of the company Mike Bloomberg spoke to the group, explaining who the company’s competition is today, and who they’re watching for the future. “It’s not easy to find programs like this that not only make you think, but change the way you think.”

Asaba Group Holdings: Company Overview Our Competitive Edge Asaba Group Holdings Holding’s competitive edge is its ability to leverage the methodologies used to achieve past success, while eliminating risks and enhancing the value of future transactions. Business principles that are fundamentally the same regardless of the industry, an understanding for the growth and profit drivers, strategic clarity on growth initiatives, combined with deep sector-specific expertise, are the foundation of our processes. What worked yesterday, in tandem with the lessons learned from past experiences will prove successful in the present and generate growth and value in the future. Our Principals and Managers Through the skills, knowledge, and experience of our professionals, Asaba Group Holdings is uniquely positioned to deliver excellence on behalf of stakeholders, clients and customers. Our principals are experienced in successfully executing transactions in a broad range of disciplines including acquisition financing, product planning and business strategy. Every company is led by an experienced management team with deep industry experience and knowledge. The knowledge and experience of the principals and management teams, as well as, lessons learned are shared across Asaba Group Holdings Holdings enterprise.

Asaba Group Holdings, Victor Edozien: Steel processor SET appoints new chief. CHICAGO — Steel processor SET Enterprises Inc. has named Victor Edozien president and chief executive officer. Edozien, who has acquired a "significant" equity position in SET, will assist SET as it continues to execute its growth initiatives, the company said. The Warren, Mich.-based company, which also provides duct manufacturing and construction services, operates facilities in Alabama, Illinois, Indiana and Michigan. Prompted by the needs of such key customers as Ford Motor Co., Chrysler Group LLC and ThyssenKrupp Steel USA LLC, it opened a 70,000-square-foot plant in Jackson, Ala., in March. "With our recent expansions into Alabama, our entry into the heating, ventilation and air conditioning, duct and construction industries, (and) our growth in our core businesses, including automotive, we recognized the need to expand our organizational resources,"chairman Sid E. Taylor said in a statement.

Asaba Group Holdings: Contact Us To learn more about Asaba Group Holdings or our portfolio companies, please call us. Alternatively, please visit any portfolio company website. Visit our Portfolio Companies page for links to each company's website. Asaba Group Holdings 220 North Main Street Suite 102 Natick, MA 01760 +1 (508) 655-8100 Telephone +1 (508) 655-1955 Fax

Asaba Group Holdings, Victor Edozien: The Prince of Steel Nigeria-American businessman, Victor Edozien, has quietly built a $400m portfolio in the American automotive manufacturing industry. He towers elegantly as Nigeria’s image builder in the global community. MANUFACTURING plants across the United States of America have faced steady close-downs as businessmen move their operations to Asia and Latin America to reduce cost and optimize profits. This has led to high unemployment and dislocation, leaving industrial centres such Detroit in ruins. If the situation is to be resolved however, it will be due to brave souls such as Nigerian American investor and business personality, Mr. Victor Edozien, whose string of plants are keeping thousands of people in jobs and last year returned a healthy $400million turnover. Edozien’s Asaba Holdings operates manufacturing, consulting and lifestyle businesses and has operations in five states in the US. Its portfolio companies include the AG Manufacturing Inc, which is an Electrical and electronics sub-assembly manufacturer for the automotive, marine and military defense industries; the SET Enterprises, which is a major provider of steel processing services to the automotive industry and the Asaba Group which offers strategy consultancy to the automotive industry and the US Air Force.