• In October 2018, Mohawk Industries, Inc. (“Mohawk”) announced the acquisition of 100% of Eliane S/A Revestimentos Cerâmicos (“Eliane”) for approximately US$250 million

– This transaction represents Mohawk’s first acquisition in the Brazilian ceramic tile industry

• Located in Cocal do Sul (SC), Eliane is one of the largest manufactures of ceramic tile in the country

– Eliane has a diversified portfolio of products, including wall tile, floor tile, glazed and unglazed porcelain tile and other specialty products

– The company has 4 industrial facilities in Santa Catarina and 1 in Bahia, with total production capacity of over 36 million m2 per annum

– The company’s products are distributed through more than 15,000 points of sale in Brazil

– Eliane is Brazil’s largest ceramic tile exporter, with presence in more than 80 countries

– Eliane had gross revenues of R$942 million in 2017

• Mohawk is the largest manufacturer, distributor and marketer of ceramic tile in the world, with total production capacity of approximately 250 million m² per annum and gross revenues of U$3.4 billion in this segment

– Additionally, Mohawk is a leading global producer of carpet, laminate and sheet vinyl

– In October 2018, Mohawk had a market value of US$11.1 billion