Our Story. Head Office - Edmonton, Alberta

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C ompany Overview

Our Story is a technological leader and world-class manufacturer of surface and subsea chokes, specialty control valves and supporting actuation. Family-owned, proudly independent, and upholding a vision of excellence, our company structure offers the flexibility to adapt to ever-evolving market needs and developments, quickly and efficiently, providing you with the level of commitment you expect from a critical component supplier. Since 1979 our goal has been to design and produce the highest quality chokes and control valves available in the industry, only equalled by our innovative engineering, creative R&D and outstanding quality assurance programs supporting the complete Master Flo product offering. From our Edmonton facility of over 80,000 square feet located on 8 acres of land, we house in a single location our Engineering, Manufacturing, and Research & Development teams and facilities. Our world-class facility embodies our commitment to product development and manufacturing excellence, playing a key role in our ability to maintain our position as the industry leader in choke technology. Complemented by a global network of sales locations and service centers, Master Flo is positioned better than ever to support your local operations, wherever you are. More than ever, the leading designs and material technologies utilised in the conception of our chokes are available to resolve your most demanding choke applications. When uptime is your main concern, turn to Master Flo, the leader in choke technology, for greater performance and lower cost of ownership. Head Office - Edmonton, Alberta

A Global Structure For A Global Market With a strong global network, we ensure our global presence from offices in key locations around the world, providing you with timely support, expertise, and service. With offices in Edmonton, Calgary, Houston, Aberdeen, Pau, Abu Dhabi, Jakarta, Kuala Lumpur, Beijing, Thailand and Rio de Janeiro, you can rest assured that our sales, engineering and service teams are available to you at all times. In addition to providing you with local support and understanding the ever-growing complexity of your projects, our global structure is capable of helping you manage your international projects seamlessly, when support is needed in multiple locations and from various intervening parties involved in your projects. Calgary, Alberta, CND Grande Praire, Alberta, CND Houston, Texas USA Aberdeen, Scotland Pau, France Rio de Janeiro, Brazil Kuala Lumpur, Malaysia Beijing, People s Republic Of China Dubai, United Arab Emirates Jakarta, Indonesia Master Flo s unmatched service is extended from our service locations to our customers throughout the world.

Taking service to the next level Protect your investment and ensure maximum performance from your surface or subsea choke valves, specialty control valves and supporting actuation. Edmonton Master Flo s aftermarket support and service network is your trusted partner in getting more performance, efficiency and life cycle from your production and injection chokes. Our world-class technical support and service specialists are available 24 hours a day through our local offices or representatives. Fully-equipped and highly qualified specialists are ready to assist in repairing, assembling, or refurbishing your valves to meet your expected flow performances and maximum production life. Aberdeen Our factory-owned, global service center network based in Edmonton, Houston, Kuala Lumpur, Aberdeen, and the UAE, offers you factory-direct resources, including an extensive selection of Master Flo original parts as well as the certified equipment to execute to the latest international standards. A network of independent factory-certified service points, located in all producing regions and markets, acts as available first responders should you need immediate support. These service points provide onsite quality service and inspection facilities, ensuring all work or modifications done to your Master Flo chokes are in compliance with strict factory procedures, specifications and traceability. World-class support and service are available locally around the world, and only a call away! Your Master Flo Global Service Center offers... Full assembly services Commissioning Repair, refurbishing, customization Custom-built testing equipment Application analysis and recommendations High accuracy particulate counting technology Hydraulic fluid flushing and cleaning Clean room assembly Hydrostatic testing Nitrogen testing On site service/product training Original manufacturer parts

Built-for-purpose facilities We take great pride in our operation and our commitment to provide superior products and support to our customers. We believe that being in control of every step of the manufacturing process allows us to supply you with the highest quality products and solutions for your choke applications. Our commitment is to provide quality solutions to the industry. Manufacturing Manufacturing Our corporate manufacturing facility provides advanced technologies ensuring the highest quality components. Assembly Area Paint & Sandblasting Sandblasting & Paint Preparation Our state-of-the-art painting and coating facility provides the highest quality finish to your surface or subsea chokes, while complying to the most stringent health, safety and environmental regulations. Quality Control Quality Control Our Quality Control program meets or exceeds industry standards and is in compliance with ISO9001 and API Q1 with manufacturing licenses for API 6A and 17D, as well as all applicable European and international industry standards.

Scientific approach towards developing new technologies and Our ability to be the leader in choke technology resides in our commitment to Research & Development and our constant drive to testing in-house what you experience in the field. Your field or manifold should not be a test bench. Take a look at what Master Flo can provide you to ensure maximum performance from your choke! Cv Test Rack Cv Test Rack A highly versatile and accurate Cv Testing Facility, complete with a centralized data acquisition system capable of flowing over 1,000 GPM with high pressure drops to replicate application specifics and facilitate the testing of a wide range of products all in compliance with ISA standards for valve capacity testing. Chilled Hyperbaric Test Chamber Our hyperbaric test chamber is used to test subsea valve and actuator performance under simulated subsea depth pressure and temperature conditions against the valve internal pressure conditions. This in-house facility has capabilities to simulate water depths to test to a depth of 18,000 feet. Hyperbaric Chamber Cold Room Environmental Chamber An in-house, built-for-purpose temperature testing facility to perform testing in accordance with API 6A Appendix F PR2 and API 17D specifications, as well as to support other research-anddevelopment-based projects where performance at temperature is paramount. Cold Room

enhancing the product design Slurry Testing Clean Room Clean Room A positively-pressurized room with air particulate filtration and dust control measures. This facility, combined with in-house fluid flushing and cleanliness testing equipment, ensures critical hydraulic components are assembled and shipped in a highly clean condition. Slurry Testing With erosion being everyone s main operation problem in mind and with the desire to better understand the dynamics of erosion, we have developed a custom-designed adjustable erosion test facility. To your benefit, this facility houses a test loop that allows adjustable continuous sand-slurry mix at pressures up to 5,000 psi and flow rates up to 168 GPM. Noise Chamber Critical valve performance indicators like Pressure Recovery Factor (FL) and Pressure Drop Ratio Factor (XT) can only be accurately determined through extensive empirical testing. Noise performance of a choke valve can be predicted mathematically but should be verified through testing. Training Designed to facilitate both classroom and hands-on product training in the same area. Staff and customers can be trained on the theoretical and practical aspects of our products. Training Facility Noise Chamber

WORLDWIDE LOCATIONS Canada Head Office 4611-74 Avenue Edmonton, Alberta Canada T6B 2H5 Tel.: 1.780.468.4433 Fax: 1.780.469.9853 #400, 202-6 Avenue SW Calgary, Alberta Canada T2P 2R9 Tel.: 1.403.237.5557 Fax: 1.403.266.3307 15501 89th Street Grande Prairie, Alberta Canada T8V 0V7 Tel.: 1.780.532.1433 Fax: 1.780.538.4191 United States Master Flo Valve (USA) Inc. 8726 Fallbrook Drive Houston, Texas USA 77064 Tel.: 1.713.690.2789 Fax: 1.281.517.0007 The Stream-Flo Group of Companies Houston Training Center 9715 Derrington Road Houston, Texas USA 77064 Tel.: 1.713.690.2789 Fax: 1.281.517.0007 Scotland Master Flo Valve Co. (UK) Ltd. Blackness Road Altens Commercial Park Aberdeen, Scotland AB12 3LH Tel.: 44.(0)1224.8789 Fax: 44.(0)1224.878989 France Master Flo Valve (France) SARL 243 Boulevard de le Paix Pau, Pyrénées-Atlantiques Département France 64000 Tel.: 33 (0)5 52 8229 Fax: 33 (0)5 52 8261 South America (Represented by Petolane Servicos em Petroleo Ltdo.) Rua Senador Dantas, n0 75, Sls 2409/2010 Centro Rio de Janeiro, Brazil Tel.: 55.(0)21.3431.3900 United Arab Emirates Regional Representative Office 902 Red Crescent Building, Muroor Road Abu Dhabi, UAE Tel.: 00971 (0)2 632 9150 Regional Representative Office Unit 2404, Swiss Tower, Jumeirah Lakes Towers Dubai, UAE Tel.: 00971 (0)4 552 0907 Fax: 00971 (0)4 552 0920 Indonesia (Regional Representative Office) Plaza Oleos 5th Floor Unit G Jl. TB. Simatupang Kav. 53A Kebagusan Pasar Minggu Jakarta Selatan 12520 Tel.: 62.(0)21.2278.0113 Fax: 62.(0)21.2278.0123 Malaysia Master Flo Valve Asia SDN. BHD. 10th Floor, UBN Tower No. 10, Jalan P. Ramlee Kuala Lumpur, Malaysia Tel.: 60.(0)3.2078.7688 Fax: 60.(0)3.2078.7689 China (Beijing Representative Office) Building 23, No. 17, Huanke Middle Road, Majuqiao Town, Tongzhou District Beijing, People s Republic of China Tel.: 86.(0)10.5637.0323/24 Fax: 86.(0)10.5637.0323/24-8575 Australia (Represented by Meaurement Plus Pty Ltd.) 12A Granite Place Welshpool, Australia Tel.: 61.(8).9358.1616 masterflo.com info@masterflo.com ENCO2016.01