SANTONI Sells Warp Knitting Technology to KARL MAYER, KARL MAYER Acquires Warp Knitting Technology of SANTONI

June 1, 2016 OTGL

P-W-IMG_5613 — (From Left to Right): Dr. Helmut Preßl and Arno Gärtner, KARL MAYER’s Management Board, and Fausto Lonati, Chief Executive of the Lonati Group, and Andrea Lonati, Chief Executive of the SANTONI S.p.A.

SANTONI and KARL MAYER agreed on May 30^th, 2016 that SANTONI will transfer its
SWD technology to NIPPON MAYER.
NIPPON MAYER will take over the complete range of products including patents, the relevant
manufacturing equipment as well as the entire stock of machines and (spare-) parts.

The after sales service for the installed base of machines will be taken over by
NIPPON MAYER effective June 1^st, 2016.

SANTONI – the leading supplier of seamless circular knitting technology – has been
active in Seamless Warp Knitting since 2004. The company developed an own range of compact machines for the application of seamless garments, medical- and lately shoe-fabrics. They hold a number of patents for machine- as well as textile technology.

SANTONI will concentrate on and further develop its core business circular knitting.

KARL MAYER, the leader in Warp Knitting, will integrate the SWD technology into its
Double Needle Bar competence center at NIPPON MAYER (Fukui, Japan) and extend the
relevant product range.