Company Baumer S.A.

Baumer SA is a Brazil-based company primarily engaged in the production of medical equipment. The Company is active in the manufacture, trade, import and export of medical equipment, as well as in the provision of technical assistance for medical apparatus. The Company divides its business into four units: Orthopedic, Hospital, Genius and Brown. In the Orthopedic unit, it is involved in the production and sale of orthopedic implants and instruments. In the Hospital unit, the Company manufactures equipment for hospitals and for pharmaceutical, chemical, cosmetic and food industries. In the Genius unit, it is involved in the area of biomaterials. In the Brown unit, the Company produces and sells laundry equipment for hospital, industrial and hotel uses. As of December 31, 2011, the Company's subsidiaries included Hospitalar Sul Ltda and Waldsea Investment SA.