WEG : accelerates its journey towards Industry 4.0

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WEG accelerates its journey towards Industry 4.0

Company signs agreement to acquire 51% of PPI-Multitask's share capital and offers

increasingly complete Industry 4.0 software solutions

Jaraguá do Sul, September 3, 2019 - Looking to expand its strategy to deliver Industry

4.0 solutions, WEG has just announced an agreement to acquire control of PPI-Multitask Group, specialized in Industrial Automation Systems Integration, Manufacturing Execution System (MES) Solutions, Industrial Internet of Things (IIoT) and software for the industry.

With the closing of the agreement, WEG will own 51% of the share capital of PPI, with the possibility, provided in the agreement, to increase its participation in the business in the future.

Founded in 1992 in São Paulo (SP), PPI-Multitask has a long history in integrating automation systems for machine control and industrial processes, having one of the most respected MES software developed in Brazil. PPI offers solutions to the automation of data collection and online shop floor monitoring, connecting to other company's management systems and preparing the industrial site to meet the new demands of Industry 4.0.

According to Mr. Carlos José Bastos Grillo, WEG's Digital Business Director, with the acquisition, the company now offers its customers MES software, which is the backbone of the 4.0 industry. "Connected to a MES management system we will be able to provide accurate, real-timeproduction and machine information, synchronizing the shop floor with sales, supply and inventory requirements, ensuring inventory accuracy, manufacturing costs and especially enabling increased productivity", explains Grillo.

Associated with traditional automation products and electric motors from WEG, PPI's software will allow the possibility of integrating the monitoring of equipment performance, such as electric motors using the Motorscan sensor and a real-time manufacturing execution management system. These ensure the on-line visualization of the plant, enabling productivity management and increased Overall Equipment Effectiveness (OEE).

In June of this year, WEG announced the creation of a new digital business structure to accelerate the development of software solutions, embedded or external, to the company's traditional products, as well as turn its process management and manufacturing system into business real time.

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Investor Relations	Press Relations
André Menegueti Salgueiro	Andressa Cristina Pereira
(47) 3276-6367	(47) 3276-4295
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ri.weg.net

About WEG- Founded in 1961, WEG is a global electric-electronic equipment company, operating mainly in the capital goods sector with solutions in electric machines, automation and paints for several sectors, including infrastructure, steel, pulp and paper, oil and gas, mining, among many others. WEG stands out in innovation by constantly developing solutions to meet the major trends in energy efficiency, renewable energy and electric mobility. With manufacturing units in 12 countries and present in more than 135 countries, the company has more than 30,000 employees worldwide. WEG's net revenue reached R$ 11.970 billion in 2018, 58% from external markets.

About PPI-Multitask- PPI-Multitask is a Brazilian technology company for Industry

4.0 that develops Manufacturing Execution System (MES) and integrates Automation and IIoT systems, operating in various segments such as food and beverage, automotive, plastic and rubber, mechanical metal, electronics, among others. PPI-Multitask has over 25 years of experience focused on shop floor automation and its integration with other company management systems such as ERP, APS and PLM, supporting continuous improvement processes that promote industry operational excellence.

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