Executive Summary

Stocks & Bonds

<="" th="">

F118746_013

Round: 8 December 31 , 2028

Company

Close

Change

Shares

MarketCap ($M)

Book Value Per Share

EPS

Dividend

Yield

P/E

Andrews

$1.00

$0.00

3,311,333

$3

($8.80)

($7.96)

$0.00

0.0%

-0.1

Baldwin

$66.43

$16.56

2,205,225

$146

$25.42

$7.36

$7.54

11.3%

9.0

Chester

$29.03

($5.45)

2,315,606

$67

$15.11

$1.96

$5.08

17.5%

14.8

Digby

$79.11

$13.57

2,191,084

$173

$31.12

$8.67

$7.68

9.7%

9.1

Erie

$37.57

$1.57

2,436,948

$92

$14.33

$3.75

$7.17

19.1%

10.0

Ferris

$84.15

$12.72

2,040,530

$172

$23.76

$9.74

$10.82

12.9%

8.6

Company

Series#

Face

Yield

Close$

S&P

Andrews

10.0S2031

$887,387

10.8%

92.25

DDD

9.3S2032

$500,000

10.5%

88.18

DDD

9.0S2034

$1,000,000

10.8%

82.95

DDD

Baldwin

11.0S2032

$3,891,989

11.1%

99.38

B

11.0S2033

$1,613,939

11.1%

99.27

B

11.1S2034

$3,814,894

11.1%

99.58

B

11.6S2035

$2,211,244

11.4%

101.87

B

11.1S2036

$9,941,661

11.2%

99.49

B

11.6S2037

$2,742,378

11.4%

102.20

B

Chester

10.8S2032

$4,568,094

11.0%

98.15

B

11.3S2033

$5,076,411

11.3%

99.63

B

11.3S2034

$2,235,319

11.3%

99.58

B

11.2S2035

$244,339

11.3%

99.07

B

11.0S2036

$6,463,333

11.2%

97.97

B

11.6S2037

$2,239,542

11.5%

101.09

B

Digby

10.8S2032

$2,022,699

10.9%

98.76

B

11.1S2034

$3,108,456

11.1%

99.58

B

11.5S2035

$8,081,977

11.3%

101.41

B

10.9S2036

$8,251,965

11.1%

98.47

B

11.4S2037

$5,793,974

11.3%

101.10

B

Erie

10.9S2032

$4,968,164

11.0%

99.07

B

11.2S2033

$1,705,263

11.2%

100.00

B

11.1S2034

$1,182,526

11.1%

99.58

B

11.7S2035

$3,027,128

11.4%

102.34

B

10.8S2036

$7,568,966

11.0%

97.96

B

11.7S2037

$1,554,786

11.4%

102.75

B

Ferris

11.0S2032

$1,019,065

11.1%

99.38

B

11.6S2033

$116,329

11.4%

101.47

B

10.9S2034

$1,773,252

11.0%

98.74

B

11.4S2035

$2,106,622

11.3%

100.94

B

10.7S2036

$8,426,594

11.0%

97.44

B

11.4S2037

$1,980,381

11.3%

101.10

B

FOUNDATION® FAST TRACK

Page 2

Financial Summary

<="" th="">

F118746_013

Round: 8 December 31, 2028

Cash Flow Statement Survey

Andrews

Baldwin

Chester

Digby

Erie

Ferris

Cash flows from operating activities

Net Income (Loss)

($26,348)

$16,237

$4,550

$18,989

$9,142

$19,870

Adjustment for non-cash items:

   Depreciation

$2,785

$6,094

$5,307

$6,821

$5,067

$4,173

   Extraordinary gains/losses/writeoffs

$0

($77)

($85)

($108)

($58)

($13)

Changes in current assets and liabilities:

   Accounts payable

$56

$2,704

($280)

$1,605

($107)

$258

   Inventory

($24,397)

($5,099)

$939

($4,777)

($134)

($3,612)

   Accounts receivable

$659

($3,278)

$297

($2,134)

($248)

($1,325)

Net cash from operations

($47,245)

$16,580

$10,728

$20,396

$13,661

$19,352

Cash flows from investing activities

Plant improvements (net)

($2,000)

$0

$0

$0

$0

$0

Cash flows from financing activities

Dividends paid

$0

($16,621)

($11,769)

($16,824)

($17,462)

($22,083)

Sales of common stock

$100

$0

$0

$0

$0

$0

Purchase of common stock

$0

$0

$0

$0

$0

($339)

Cash from long term debt issued

$0

$0

$0

$0

$0

$0

Early retirement of long term debt

$0

($3,455)

($2,700)

($4,915)

($2,406)

($2,291)

Retirement of current debt

($74,590)

($17,306)

($13,429)

($23,435)

($11,438)

($21,704)

Cash from current debt borrowing

$0

$21,615

$13,307

$30,206

$11,893

$23,769

Cash from emergency loan

$123,736

$0

$0

$0

$0

$0

Net cash from financing activities

$49,245

($15,767)

($14,590)

($14,968)

($19,414)

($22,648)

Net change in cash position

$0

$813

($3,862)

$5,428

($5,753)

($3,296)

Balance Sheet Survey

Andrews

Baldwin

Chester

Digby

Erie

Ferris

Cash

$0

$22,472

$11,962

$33,418

$11,385

$19,453

Accounts Receivable

$7

$13,330

$5,884

$15,131

$5,884

$11,804

Inventory

$78,448

$18,978

$8,400

$20,128

$7,382

$23,285

Total Current Assets

$78,455

$54,780

$26,245

$68,676

$24,652

$54,542

Plant and equipment

$41,780

$91,404

$79,608

$102,320

$76,000

$62,600

Accumulated Depreciation

($21,231)

($35,003)

($33,774)

($36,431)

($31,559)

($21,892)

Total Fixed Assets

$20,549

$56,401

$45,834

$65,889

$44,441

$40,708

Total Assets

$99,004

$111,181

$72,079

$134,565

$69,093

$95,250

Accounts Payable

$2,010

$9,287

$2,956

$8,908

$2,276

$7,576

Current Debt

$123,736

$21,615

$13,307

$30,206

$11,893

$23,769

Total Current Liabilities

$125,746

$30,902

$16,263

$39,114

$14,169

$31,345

Long Term Debt

$2,387

$24,216

$20,827

$27,259

$20,007

$15,422

Total Liabilities

$128,133

$55,118

$37,090

$66,373

$34,176

$46,767

Common Stock

$12,374

$5,049

$7,111

$6,862

$9,534

$3,063

Retained Earnings

($41,502)

$51,014

$27,878

$61,331

$25,383

$45,420

Total Equity

($29,129)

$56,063

$34,989

$68,193

$34,917

$48,483

Total Liabilities & Owners' Equity

$99,004

$111,181

$72,079

$134,565

$69,093

$95,250

Income Statement Survey

Andrews

Baldwin

Chester

Digby

Erie

Ferris

Sales

$85

$162,185

$71,589

$184,092

$71,591

$143,616

Variable Costs (Labor, Material, Carry)

$9,469

$110,174

$45,104

$127,688

$36,872

$91,357

Contribution Margin

($9,384)

$52,011

$26,485

$56,404

$34,719

$52,259

Depreciation

$2,785

$6,094

$5,307

$6,821

$5,067

$4,173

SGA (R&D, Promo, Sales, Admin)

$6,819

$12,671

$6,872

$11,823

$6,588

$8,148

Other (Fees, Writeoffs, TQM, Bonuses)

$5

$2,975

$3,555

$1,966

$5,378

$4,776

EBIT

($18,993)

$30,272

$10,751

$35,794

$17,687

$35,162

Interest (Short term, Long term)

$21,542

$4,782

$3,609

$5,983

$3,335

$3,968

Taxes

($14,187)

$8,921

$2,500

$10,434

$5,023

$10,918

Profit Sharing

$0

$331

$93

$388

$187

$406

Net Profit

($26,348)

$16,237

$4,550

$18,989

$9,142

$19,870

FOUNDATION® FAST TRACK

Page 3

Production Analysis

<="" th="">

F118746_013

Round: 8 December 31, 2028

Name

Primary Segment

Units Sold

Unit Inven tory

Revision Date

Age Dec.31

MTBF

Pfmn Coord

Size Coord

Price

Material Cost

Labor Cost

Contr. Marg.

2nd Shift & Over- time

Auto mation Next Round

Capacity Next Round

Plant Utiliz.

Able

Low

3

4,165

2/13/2027

4.4

21000

5.7

14.6

$29.00

$7.11

$11.50

NA

0%

3.6

1,950

69%

A_Star

0

0

5/4/2028

0.7

19000

5.9

12.3

$25.00

$0.00

$0.00

0%

0%

3.5

100

0%

Baker

Low

1,910

391

7/5/2028

2.1

18800

9.3

12.4

$27.50

$9.89

$5.72

42%

48%

7.5

1,350

147%

Bold

High

1,450

345

4/27/2028

1.7

22400

11.6

7.3

$41.35

$16.96

$11.17

30%

36%

4.0

1,100

135%

Best

High

1,462

123

4/17/2028

1.3

20000

11.3

10.1

$34.00

$13.70

$11.40

25%

100%

4.5

800

198%

Cake

Low

2,145

254

12/16/2028

1.6

17000

8.0

10.6

$19.00

$8.71

$2.78

39%

56%

9.0

1,350

155%

Cent

High

949

266

8/15/2028

1.3

20000

10.7

7.9

$32.50

$13.51

$7.31

34%

6%

5.0

900

105%

Daze

Low

1,877

397

9/10/2028

1.5

18000

8.7

11.5

$27.50

$9.85

$4.89

44%

50%

8.0

1,300

149%

Dabble

High

1,692

329

7/14/2028

1.4

22000

12.9

7.8

$40.25

$17.83

$11.37

26%

48%

4.0

1,150

147%

Dust

Low

2,011

193

7/7/2028

1.3

20000

10.4

9.8

$32.00

$13.36

$10.46

25%

100%

5.0

1,100

199%

Eat

Low

1,539

324

10/23/2028

2.1

16500

8.2

12.2

$23.50

$7.40

$4.28

49%

60%

8.0

1,000

159%

East

Low

1,507

301

10/23/2028

2.1

16500

7.5

11.5

$23.50

$7.48

$4.24

48%

55%

8.0

1,000

154%

Fast

High

1,838

482

7/29/2028

1.4

22000

12.8

6.9

$40.50

$16.33

$9.16

35%

63%

4.9

1,200

161%

Feast

High

1,708

451

7/29/2028

1.4

22000

12.4

7.4

$40.50

$15.65

$8.76

38%

38%

4.9

1,300

137%

FOUNDATION® FAST TRACK

Page 4

Low Tech Market Segment Analysis

<="" th="">

F118746_013

Round: 8 December 31, 2028

Perceptual Map for Low Tech Segment

Name

Market Share

Units Sold to Seg

Revision Date

Stock Out

Pfmn Coord

Size Coord

List Price

MTBF

Age Dec.31

Promo Budget

Cust. Aware- ness

Sales Budget

Cust. Access- ibility

Dec. Cust. Survey

Cake

20%

2,143

12/16/2028

8.0

10.6

$19.00

17000

1.56

$1,025

66%

$1,150

65%

35

Baker

18%

1,910

7/5/2028

9.3

12.4

$27.50

18800

2.11

$1,350

95%

$1,250

63%

37

Daze

17%

1,858

9/10/2028

8.7

11.5

$27.50

18000

1.54

$1,450

100%

$1,100

66%

33

Eat

14%

1,539

10/23/2028

8.2

12.2

$23.50

16500

2.14

$1,000

63%

$1,000

63%

30

East

14%

1,507

10/23/2028

7.5

11.5

$23.50

16500

2.10

$1,000

62%

$1,000

63%

29

Dust

10%

1,061

7/7/2028

10.4

9.8

$32.00

20000

1.31

$1,700

94%

$1,100

66%

21

Best

5%

520

4/17/2028

11.3

10.1

$34.00

20000

1.26

$1,350

70%

$1,250

63%

13

Cent

2%

262

8/15/2028

10.7

7.9

$32.50

20000

1.30

$1,025

65%

$1,150

65%

2

Able

0%

3

2/13/2027

5.7

14.6

$29.00

21000

4.38

$1,200

79%

$1,200

27%

0

FOUNDATION® FAST TRACK

Page 5

High Tech Market Segment Analysis

<="" th="">

F118746_013

Round: 8 December 31, 2028

Perceptual Map for High Tech Segment

Name

Market Share

Units Sold to Seg

Revision Date

Stock Out

Pfmn Coord

Size Coord

List Price

MTBF

Age Dec.31

Promo Budget

Cust. Aware- ness

Sales Budget

Cust. Access- ibility

Dec. Cust. Survey

Fast

20%

1,838

7/29/2028

12.8

6.9

$40.50

22000

1.42

$1,500

100%

$1,150

76%

50

Feast

18%

1,708

7/29/2028

12.4

7.4

$40.50

22000

1.39

$1,500

100%

$1,150

76%

47

Dabble

18%

1,692

7/14/2028

12.9

7.8

$40.25

22000

1.42

$1,450

99%

$1,100

76%

45

Bold

16%

1,450

4/27/2028

11.6

7.3

$41.35

22400

1.66

$1,350

91%

$1,250

70%

33

Dust

10%

950

7/7/2028

10.4

9.8

$32.00

20000

1.31

$1,700

94%

$1,100

76%

24

Best

10%

942

4/17/2028

11.3

10.1

$34.00

20000

1.26

$1,350

70%

$1,250

70%

21

Cent

7%

687

8/15/2028

10.7

7.9

$32.50

20000

1.30

$1,025

65%

$1,150

33%

19

Daze

0%

19

9/10/2028

8.7

11.5

$27.50

18000

1.54

$1,450

100%

$1,100

76%

0

Cake

0%

1

12/16/2028

8.0

10.6

$19.00

17000

1.56

$1,025

66%

$1,150

33%

0

FOUNDATION® FAST TRACK

Page 6

Market Share Report

<="" th="">

F118746_013

Round: 8 December 31, 2028

Actual Market Share in Units

Low

High

Total

Industry Unit Sales

10,804

9,288

20,091

% of Market

53.8%

46.2%

100.0%

Able

0.0%

0.0%

Total

0.0%

0.0%

Baker

17.7%

9.5%

Bold

15.6%

7.2%

Best

4.8%

10.1%

7.3%

Total

22.5%

25.8%

24.0%

Cake

19.8%

0.0%

10.7%

Cent

2.4%

7.4%

4.7%

Total

22.3%

7.4%

15.4%

Daze

17.2%

0.2%

9.3%

Dabble

18.2%

8.4%

Dust

9.8%

10.2%

10.0%

Total

27.0%

28.6%

27.8%

Eat

14.2%

7.7%

East

13.9%

7.5%

Total

28.2%

15.2%

Fast

19.8%

9.2%

Feast

18.4%

8.5%

Total

38.2%

17.6%

Potential Market Share in Units

Low

High

Total

Units Demanded

10,804

9,288

20,091

% of Market

53.8%

46.2%

100.0%

Able

Total

0.0%

0.0%

Baker

17.7%

9.5%

Bold

15.6%

7.2%

Best

4.8%

10.1%

7.3%

Total

22.5%

25.8%

24.0%

Cake

19.8%

10.7%

Cent

2.4%

7.4%

4.7%

Total

22.3%

7.4%

15.4%

Daze

17.2%

0.2%

9.3%

Dabble

18.2%

8.4%

Dust

9.8%

10.2%

10.0%

Total

27.0%

28.6%

27.8%

Eat

14.2%

7.7%

East

14.0%

7.5%

Total

28.2%

15.2%

Fast

19.8%

9.1%

Feast

18.4%

8.5%

Total

38.2%

17.6%

FOUNDATION® FAST TRACK

Page 7

Perceptual Map

<="" th="">

F118746_013

Round: 8 December 31, 2028

Perceptual Map for All Segments

Andrews

Name

Pfmn

Size

Revised

Able

5.7

14.6

2/13/2027

A_Star

5.9

12.3

5/4/2028

Baldwin

Name

Pfmn

Size

Revised

Baker

9.3

12.4

7/5/2028

Bold

11.6

7.3

4/27/2028

Best

11.3

10.1

4/17/2028

Chester

Name

Pfmn

Size

Revised

Cake

8.0

10.6

12/16/2028

Cent

10.7

7.9

8/15/2028

Digby

Name

Pfmn

Size

Revised

Daze

8.7

11.5

9/10/2028

Dabble

12.9

7.8

7/14/2028

Dust

10.4

9.8

7/7/2028

Erie

Name

Pfmn

Size

Revised

Eat

8.2

12.2

10/23/2028

East

7.5

11.5

10/23/2028

Ferris

Name

Pfmn

Size

Revised

Fast

12.8

6.9

7/29/2028

Feast

12.4

7.4

7/29/2028

FOUNDATION® FAST TRACK

Page 8

HR/TQM Report

<="" th="">

F118746_013

Round: 8 December 31, 2028

Andrews

Baldwin

Chester

Digby

Erie

Ferris

Needed Complement

241

622

186

688

180

457

Complement

241

622

186

688

180

457

1st Shift Complement

241

393

152

412

114

305

2nd Shift Complement

0

229

34

276

66

152

Overtime%

0.1%

0.0%

0.0%

0.0%

0.0%

0.0%

Turnover Rate

9.6%

8.0%

8.2%

8.0%

8.5%

7.9%

New Employees

24

228

15

138

15

37

Separated Employees

0

0

28

0

41

0

Recruiting Spend

$0

$2,500

$2,400

$2,800

$2,400

$2,300

Training Hours

10

40

40

38

30

40

Productivity Index

100.0%

109.7%

114.6%

111.8%

111.8%

113.3%

Recruiting Cost

$24

$799

$52

$525

$52

$121

Separation Cost

$0

$0

$142

$0

$207

$0

Training Cost

$48

$498

$149

$523

$108

$366

Total HR Admin Cost

$72

$1,297

$343

$1,048

$367

$487

Strike Days

Andrews

Baldwin

Chester

Digby

Erie

Ferris

Process Mgt Budgets Last Year

CPI Systems

$0

$0

$900

$0

$900

$0

Vendor/JIT

$0

$0

$900

$0

$900

$950

Quality Initiative Training

$0

$0

$900

$0

$900

$0

Channel Support Systems

$0

$750

$0

$1,000

$0

$950

Concurrent Engineering

$0

$750

$0

$0

$0

$0

UNEP Green Programs

$0

$0

$0

$0

$900

$950

TQM Budgets Last Year

Benchmarking

$0

$0

$0

$1,000

$0

$0

Quality Function Deployment Effort

$0

$750

$0

$0

$0

$0

CCE/6 Sigma Training

$0

$0

$900

$0

$900

$950

GEMI TQEM Sustainability Initiatives

$0

$750

$0

$0

$900

$950

Total Expenditures

$0

$3,000

$3,600

$2,000

$5,400

$4,750

Cumulative Impacts

Material Cost Reduction

0.00%

1.89%

11.80%

0.00%

11.80%

11.73%

Labor Cost Reduction

0.00%

0.28%

14.00%

0.00%

14.00%

9.88%

Reduction R&D Cycle Time

0.00%

40.01%

0.00%

0.00%

0.00%

0.00%

Reduction Admin Costs

0.00%

0.00%

46.79%

60.02%

46.79%

44.56%

Demand Increase

0.00%

14.37%

4.20%

11.16%

8.05%

14.40%

FOUNDATION® FAST TRACK

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Ethics Report

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F118746_013

Round: 8 December 31, 2028

Other (Fees, Writeoffs, etc.)

The actual dollar impact. Example, $120 means Other increased by $120.

Demand Factor

The % of normal. 98% means demand fell 2%.

Material Cost Impact

The % of normal. 104% means matieral costs rose 4%.

Admin Cost Impact

The % of normal. 103% means admin costs rose 3%.

Productivity Impact

The % of normal. 104% means productivity increased by 4%.

Awareness Impact

The % of normal. 105% means normal awareness was multiplied by 1.05.

Accessibility Impact

The % of normal. 98% means normal accessiblity was multiplied by 0.98.

Normal means the value that would have been produced if the problem had not been presented.

No Impact

Andrews

Baldwin

Chester

Digby

Erie

Ferris

Total

Other (Fees, Writeoffs, etc.)

$0

$0

$0

$0

$0

$0

$0

Demand Factor

100%

100%

100%

100%

100%

100%

100%

Material Cost Impact

100%

100%

100%

100%

100%

100%

100%

Admin Cost Impact

100%

100%

100%

100%

100%

100%

100%

Productivity Impact

100%

100%

100%

100%

100%

100%

100%

Awareness Impact

100%

100%

100%

100%

100%

100%

100%

Accessibility Impact

100%

100%

100%

100%

100%

100%

100%

FOUNDATION® FAST TRACK

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