CORPORATE VALUES. Our corporate values, operating philosophies, and working principles emphasize the core Danby values of:

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CORPORATE VALUES. Our corporate values, operating philosophies, and working principles emphasize the core Danby values of:

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PRESS KIT

ABOUT DANBY Our vision is simple: to create brilliant & inspired appliances designed to fit your space and your every move. We love when a classic and intuitive design surprises with features to keep life organized and easy. We believe that thoughtful design is always in season. Danby is a leading consumer brand of choice in Small Appliances in North America. At Danby, we continually strive to bring desirable and unique products to market. Our product innovation and quality in compact, wine and beverage refrigeration as well as microwaves, makes us a leader in each of these product categories. As an organization, we adapt quickly to changes in the market. We provide guidance to our vendors through key marketing and sales statistics and will chart a course to maintain and grow your share of the market.

PRODUCTS We create brilliant and inspired appliances for your life s every move. Some of the most popular products that Danby offers are: refrigerators, freezers, microwaves, wine coolers, beverage, dehumidifiers, air conditioners and laundry. Danby is committed to providing superior quality products. Our dedication to both form and function has given us the competitive edge that consumers are looking for Danby pays attention to styling and details while simultaneously delivering trustworthy products. On-site quality control managed by Danby assures our retail partners that quality standards are upheld. Our factories and products are CSA/CUL certified.

CORPORATE VALUES Our corporate values, operating philosophies, and working principles emphasize the core Danby values of: Innovation, Sustainability, Efficiency, Quality, Reliability & Social Responsibility

DANBY FAMILY BRANDS

EXECUTIVE TEAM JIM ESTILL President & CEO, Danby Appliances Jim Estill of Danby Appliances is a Canadian technology entrepreneur, executive, and philanthropist. Jim started a computer distribution business from the trunk of his car while in university. He turned that modest business into a company doing $350,000,000 in sales before selling to SYNNEX in 2004. He then became CEO of SYNNEX Canada and grew sales from $800,000,000 to $2 Billion over five years. Jim is active on various boards and was a founding board member of Research in Motion/Blackberry, before the company went public. In 2016 & 2017 Jim made the news for his sponsorship efforts to settle 58 refugee families. The Financial Times, Guardian, and Life all covered his story. You can follow Jim on his blog.com, which documents his philosophies on leadership and time management. Jim was awarded the Order of Ontario, the provinces highest honour, in 2017. He is also a multiple recipient of the Ernst & Young Entrepreneur of the Year Award.

EXECUATIVE TEAM ANDREW RAYMOND, CPA, C.A. CFO, Danby Appliances Andrew Raymond joined Danby Appliances Group in 2013 and served as Corporate Controller. He was appointed CFO Finance in 2017. In this role, he is responsible for financial governance and reporting, treasury and capital management, corporate development, forecasting, cost control and profitability, and taxation across the Danby Appliances group of companies. Andrew combines business and financial knowledge with superior team building skills and integrity to drive performance and achieve results. Andrew graduated from McMaster University with an Honours Bachelor of Commerce in 1997. He then joined Deloitte & Touche LLP and obtained his Chartered Accountant Designation in 2000. At Deloitte Andrew managed the external audits of both private and public companies in the manufacturing and service industry for thirteen years. Andrew went on to work for Royal Group Technologies for three years in a Director of Credit and Collections role before joining Danby Appliances Group.

THE HISTORY OF DANBY 1947 1950 1966 1970 1981 1992 1994 Danby is founded as a family owned manufacturer of small electrical appliances in Montréal, Québec, Canada. In the late 1950 s Danby expands it s manufacturing base to include electrical ranges and compact refrigerators. Danby expands Canada to extended line of compact refrigerators imported from abroad. Danby acquired by Warrington Products Inc., with primary ownership controlled by CEMP Investments, a wholly owned subsidiary of Seagrams International. Danby reacquired as a private family business retaining key management, relocating to Guelph, Ontario providing a domestic manufacturing base to complement the technical development of products made in overseas manufacturing operations. Danby Products Ltd. opens U.S. home office in Findlay, Ohio. Danby Products Ltd. opens & operates U.S. distribution facility located in Jacksonville, FL.

THE HISTORY OF DANBY 1995 1996 1997 1998 2000 2001 2004 2005 Danby Products Ltd. opens & operates U.S. distribution facility located in Ontario, CA. Danby Products Ltd. opens & operates U.S. distribution facility located in Findlay, OH. Danby celebrates 50 years. Doubled warehousing in both US & California distribution centers. Danby achieves 25% market share of compact refrigeration. New management team put in place at Danby Products Ltd. Danby Products Ltd. achieves 40% growth. Danby Products Ltd. achieves 38% growth. Danby launches Silhouette line of integrated wine and beverage refrigeration.

THE HISTORY OF DANBY 2006 2007 2010 Danby launches Silhouette line of outdoor approved refrigeration. Danby combined sales up 25% in two-year period in both Canada and USA. Sales exceed $200M for the first time in the company s history. Danby purchases Intirion in Foxboro, Massachusetts, helping to expand the business into new markets. 2012 Danby s 65th Danby also opens a sourcing office in Guangzhou, China -product development and quality. 2015 2016 2017 Danby opens Outlet Store in Guelph, ON. Partners with BergHOFF cookware. Danby Inc. opens & operates U.S. distribution facility & outlet located in Saraland, AL. Danby Inc. opens & operates U.S. distribution facility located in Tolleson, AZ. Jim Estill acquires 100% of Danby Inc. Danby celebrates 70 years in business.

IN THE PRESS A CEO s lessons on learning, losing and lasting Jim Estill jumped into the world of entrepreneurship early on, starting a computer distribution business while he was a fourth-year Systems Design Engineering student at University of Waterloo... Danby To Dealers: hhgregg s Pain Is Independents Gain Don t get Jim Estill wrong. The CEO of compact appliance resource Danby finds no joy in hhgregg s dissolution. But that s not to say you should look a gift horse in the mouth either How to Apply New School Business Tactics to an Old School Industry In today s fast paced society it is important to adapt your business to keep up with the ever changing market. When looking at the illustrious, booming, tech industry, it can sometimes seem like your business is too old-fashioned, boring, or that you re almost living in the past. Nevertheless, we can always learn from other industries and cross pollinate strategic tactics... Danby Appliances entering cannabis biz Danby Appliances is developing a new product line that is giving added meaning to joint venture. The Canadian majap maker is teaming up with grow-light vendor BloomBoss to create a suite of plant grow boxes designed specifically for home cannabis cultivation... How did I grow sales from zero to billions? Simple, really I started my business with my brother in 1980. We went from zero to $350 million in sales and, finally, turned a business that started with no cash and no customers into a $2 billion revenue company. How did we do it? A few simple and effective sales tricks. It's an approach any entrepreneur starting from nothing can adopt and should...

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CONTACT Tara Parsons Marketing Manager, Danby Appliances tparsons@danby.com 519-837-0920 ex. 233