31st March 2019

Dear Partners and Customers,

In March, we were in South Africa. Nowadays, South Africais in a troubled period known as "Load Shedding", which is an action to reduce the load, especially the interruption of a source of electricity to avoid excessive load in the Mains Network, and that anticipates a huge demand in the segment of generators, from the rental to the sale of equipment. We also took the opportunity to visit the Company's headquarters in Johannesburg and extend our contractual relationship to the satisfaction of both parties, and we were also able to visit our partner in Cape Town.

In March, we also achieved a Parallel Project of Generators between each other and Parallel with Mains, which demonstrates our ability to develop solutions tailored to the Customer.

Due to an unfortunate event that occurred in Mozambique, we express our full support for Mozambique and the Mozambican people, who are experiencing difficulties at these times. We know that all the support is slow, but we have given our support to Mozambique through the quick delivery of generators, sometimes in less than 24 Hours, that are dispatched by air, so that energy is quickly in place.

March is the month of Spring Arrival and nothing better to flourish our relationship with our partners.

In April, we have the objective of developing our Rental Range, with the introduction of several options and robustness to a product that in the face of European norms and regulations will have an increase at international level.

We will also travel and visit our Partners in Egypt for a training course that will serve to guarantee Technical and Commercial competences in one of the most developed countries and where you breathe business.

We want you to continue to believe, think and feel Grupel!

We continue to share Energy together,

Pedro Send?o