March2014 /2014 年 3 月

2

Forward-lookingStatements 前瞻性聲明

This presentation may contain forward-looking statements, including statements regarding the business and anticipated financial performance of ENTREC Corporation (“ENTREC” or the “Company”). These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. A number of factors could cause actual results to differ materially from those in the forward-looking statements, including, but not limited to, fluctuations in commodity prices, weather, access to capital markets, competition, changes in technology and government policies, decreases in capital spending by customers, decreases in exploration and development spending by customers, the ability or inability of the Company to increase profit margins or utilization, the ability or inability of the Company to expand to new markets, the ability or inability of the Company to successfully acquire and integrate other businesses, the ability or inability of the Company to leverage its existing presence to expand its geographic footprint, the ability or inability of the Company to improve operational efficiencies, and the degree to which committed and prospective bookings materialize.

In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of ENTREC will be achieved. The Company believes that the expectations reflected in these forward-looking statements are reasonable; however, no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this presentation should not be relied upon. In addition, these forward-looking statements relate to the date on which they are made. Unless otherwise required by applicable securities legislation, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

3

Investment Highlights 投資亮點

Excellent exposure to Western Canada’s robust oil sands and LNG industries 享受加拿大西部油砂行業和液化天然氣行業强劲的增長

Strong recurring revenue base 良好的迴圈營收基礎– Ability to service oil sands customers through construction and

maintenance, repair and operation (MRO)phases 有能力服務油砂行業客戶通過建設、維護、維修和運營 (MRO) 階段

Attractive niche industry with high barriers to entry 誘人的細分行業，進入門檻高

Strong track record of revenue and EBITDA growth 過去營收和EBITDA 增長強勁

High cash flow generation and long-lived assets 產生現金流高，資產壽命長

Proven management team 管理團隊有成功的履歷

4

Management 管理團隊

Rod Marlin, Executive Chairman 執行董事會主席 Former CEO of Eveready Inc./Eveready Inc. 前任首席執行官 Founder/President of Marlin Travel Group / Marlin Travel Group 的創始人 / 總裁

John Stevens, President &CEO 總裁兼首席執行官 Former Sr. VP & CFO of Eveready Inc. / Eveready Inc. 的前任高級副總裁兼首席財

務官 Former President/CEO/COO of NC Services Group / NC Services Group 的前任總

裁、首席執行官、首席運營官

Jason Vandenberg, CFO 首席財務官 Former VP Finance/CFO of Eveready Inc./ Eveready Inc. 前任財務副總裁 / 首席財

務官 Former VP Finance of Afexa Life Sciences Inc. / Afexa Life Sciences Inc. 的前任財

務副總裁

Proven management team

5

ENTREC’s Business /ENTREC 的業務

Crane and heavy haul services are highly complementary起重機和重載服務是高度互補的

6

Specialized Cranes for EveryApplication適合每種用途的專門起重機

Modern fleet of 230cranes /230 台現代化的起重機

Crawler Cranes 履帶式起重機 :18Used for:oil sands mining and in situ construction, LNG construction, oil sands MRO, infrastructure and otherindustries用途：油砂開採和原位建設、液化天然氣建設、油砂 MRO 、基礎設施和其他行業

1

2

3

4

5

6

1

Rough Terrain Cranes 越野輪胎起重機 :68Used for:oil sands mining and in situ construction, LNG construction, other construction and LNG drilling用途：油砂開採和原位建設、液化天然氣建設、其他建設和液化天然氣鑽探

2

Hydraulic Truck Cranes 液壓汽車起重機 :21Used for: oil sands construction and MRO, taxi work, LNG drilling, infrastructure and other industries用途：油砂建設和 MRO 、出租工作、液化天然氣鑽探、基礎設施和其他行業。

5

Boom/PickerTrucks 揀選卡車 :92Used for: oil sands in situ MRO, conventional oil and natural gas and otherindustries用途：油砂原位 MRO 、傳統原油和天然氣和其他行業。

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Carry Deck Cranes 甲板起重機 :9Used for: plant site maintenance and construction用途：現場維護和建設

3

All Terrain Cranes 全地形起重機 :22Used for: oil sands construction and MRO, taxi work, LNG drilling, infrastructure and otherindustries用途：油砂建設和 MRO 、出租工作、液化天然氣鑽探、基礎設施和其他行業。

4

165 Cranes entering2013進入 2013 年起重機

230Cranes at year-end年末起重機

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Specialized Heavy HaulFleet 專門重載車隊

Conventional Multi-wheeled Trailers (up to 96 wheels) 傳統多輪拖車（最多 96 個車輪）Number in Fleet 數量 : 760

Multiple configurations

多個構造

1

1

Hydraulic Platform Trailers液壓平臺拖車Lines in Fleet 數量 : 400

Modular, highly customizable 模組化、高度客制化

2

2

Tractors 牽引車Number in fleet 數量 : 225

Large diverse fleet of prime movers, winch tractors and highwaytractors 多樣化的拖車頭、絞車牽引車和公路牽引車

3

3

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Oil Sands Outlook 油砂前景

Diverse & growing demand for ENTREC’sservices對於 ENTREC 服務的需求正在上升

Source: Company Reports,CAPP來源：公司報告、 CAPP

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Service to the LNG Industry 為液化天然氣行業服務

10

LNG Industry Outlook 液化天然氣行業前景

Estimated capital expenditures of over $70 billion by2021到 2021 年預計資本開支超過 $700 億

Well Count 井數量

$0

$5

$10

$15

0

500

1,000

1,500

2013 2014 2015 2016 2017 2018 2019 2020 2021

$Billions 十億

LNG Capital Expenditure Pattern /LNG 資本開支圖

Source: Company Reports, ARC FinancialResearch來源：公司報告、 ARCFinancial Research

0

10

14

18

6

8

12

16

2

4

2013 2018 2023 2028

Pipeline Construction 管道建設

LNG Export Terminal /LNG 出口終端

Drilling 鑽探

LNG Well CountForecast /LNG井數量預測

Dollars Spent 花費資金

Based on just three LNG projects基於三個 LNG 項目

$Billions 十億

Where We Operate 我們的運營範圍

Other Industries Served 服務的其他行業：

Conventional oil &gas 傳統油氣 Mining 採礦 Petrochemical 石化 Pulp &paper 造紙 Infrastructure 基礎設施 Refining 精煉 Power generation 發電

Oil Sands 油砂 LNG Industry/LNG 行業 Bakken Oil Fields /Bakken 油田

Located in the heart of the thriving oil & LNGindustries位於蒸蒸日上的石油和液化天然氣行業的中心

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CompetitivePosition 有競爭力的產品

Conventional 傳統 Platform 平臺Mobile, RTs

&Crawlers 移動、越野輪胎、履帶式

Pickers/ BoomTrucks 挑揀

卡車

HeavyHaul 重載 Cranes 起重機

ENTREC

Mammoet

Sterling

Sarens

Myshak

Other 其他

Premay

NC Services

~15%

~1%

N/A

N/A

N/A

~69%

~10%

~5%

~30%

~30%

N/A

~5%

N/A

~10%

~10%

~15%

~7.5%

~20%

~20%

~2.5%

~5%

~35%

N/A

~10%

~7.5%

~1%

~1%

N/A

~2.5%

~87%

N/A

~1%

Management estimates of % market share Western Canada 管理層預期在加拿大西部的市場份額

Conventional heavy haul & crane segments highly fragmented傳統的重載和起重機業務高度分散

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Core Strengths andDifferentiators 核心實力和差異

Coordinated heavy haul and heavy lift services 重載和起重服務協調合作 Large, highly specialized equipment fleet 大型專業化的設備 Extensive engineering and logistics support 廣泛的工程和物流支援 Highly skilled employees/employee ownership 技術熟練的員工 Excellent safety track record 安全的運營履歷

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Diverse Customer Base 多樣化的客戶群

Producers 生產商

EPCs /Manufacturers/ EPC/ 製造商

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High Barriers to Entry 進入門檻高

High capital costs to build competitive fleet 建立有競爭力的車隊需要很高的資本成本

Scale of fleet 車隊規模 Requires specialized knowledge and extensive experience 需要專業知

識和廣泛的經驗 Critical importance of safety 安全非常重要

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Strong and Profitable Growth 強勁的盈利增長

Adjusted EBITDA &Margin調整後 EBITDA 和利潤率Revenue 營收

$millions 百萬

2012

$132

2013

$213

2014E

$250 - $270

$millions 百萬

2012

$34

2013

$54

2014E

$62.5 – $67.5

25.3% 25.0%25.2%

2012 2013 2014Guidance 預期值

Acquisitions 收購 $114M $60M $0M

Capex 資本開支 $49M $59M $46M

Total CapitalSpend 總的資本開支 $163M $119M $46M

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Q112

$23

Q212

$29

Q312

$36

Q412

$44

Q113

$52

Q213

$49

Q313

$59

Q413

$53

Quarterly Results 季度財報結果Adjusted EBITDA & Margin

調整後 EBITDA 和利潤率QuarterlyRevenue 季度營收

$millions 百萬 $millions 百萬

24.4%

28.1%

24.6%25.8%

27.2%

Q112

$6

Q212

$8

Q312

$9

Q412

$11

Q113

$13

Q213

$13

Q313

$16

Q413

$11

24.6%

26.0%

21.5%

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Growth Strategy 增長策略

Increased emphasis on organic growth 更加注重有機增長– Respond to oil sands and LNG industry

growth 利用油砂和液化天然氣行業的增長– Expand relationships with existing customers

增強與現有客戶的關係– Cross sell crane and heavy haulservices 交叉

銷售起重機和重載服務– Robust capital spending plan 強勁的資本開支

計畫 Increased focus on MRO business

更加注重 MRO 業務 Long-term strategy 長期策略

– Continued geographic diversification to optimize utilization of specializedequipment繼續地理多樣化，優化專業設備的利用

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“ENT”

115.7mm /1.157億

$1.55

$179 million /$1.79億

$131 million/$1.31億

$310 million /$3.1億

$1.05/$1.78

29%

TSX VentureExchange 多交所創業板 :

Basic Shares Outstanding (Mar 10)已發行普通股（ 3月 10日） :

Share Price (Mar 10)股價（ 3月 10日） :

Market Capitalization 市值 :

Net Debt(Dec31)1淨債務（ 12月 31日） :

Enterprise Value企業價值 :

52 Week Range / 52周低點 / 高點 :

Management and Board Holdings 管理層和董事會持股 :1. Includes $23.6 million book value of unsecured subordinated debentures with an annual coupon rate of 7.0%, maturing October 30, 2017,

and convertible into common shares at a conversion price of $2.60 per share.包括帳面價值 $2360萬無擔保次級債，年收益率 7.0%，到期日為 2017 年 10月 30日，可以以每股 $2.60 的轉換價格轉換為普通股。

Company Information 公司資訊

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InvestmentHighlights 投資亮點

Excellent exposure to Western Canada’s robust oil sands and LNGindustries 享受加拿大西部油砂行業和液化天然氣行業強勁的增長

Strong recurring revenuebase 良好的迴圈營收基礎– Ability to service oil sands customers through construction and

maintenance, repair and operation (MRO)phases 有能力服務油砂行業客戶通過建設、維護、維修和運營 (MRO) 階段

Attractive niche industry with high barriers toentry 誘人的細分行業，進入門檻高

Strong track record of revenue and EBITDAgrowth 過去營收和EBITDA 增長強勁

High cash flow generation and long-livedassets 產生現金流高，資產壽命長

Proven managementteam 管理團隊有成功的履歷