NC Filtration Company Overview

NC Filtration (“NCF” or the “Company”) is a manufacturer of consumable air filtration products and negative air units, headquartered in Belmont, NC, with over 230,000 square feet of manufacturing space across four production facilities.

Founded in 2005 by Eli and Jeff Kershaw, NCF supplies a diverse set of air filtration products that includes pleated, HEPA, panel, throwaway, rigid, ASHRAE, and mini pleat filters, in addition to negative air units. Through a broad distribution network, NCF serves a tenured customer base across the industrial, commercial, residential, and abatement & remediation (“A&R”) end-markets.

Continuim is pleased to partner with the Kershaw family and the team at NCF, and to also join forces with respected industry veteran, Mr. Phil Whitaker, who will serve as CEO, to accelerate the Company’s growth by implementing the firm’s operational playbook. Continuim’s Efficiency Driven Growth Engine (“EDGE”) playbook will be a roadmap to expedite NCF’s growth and capitalize on air filtration sector tailwinds by embracing Lean principles to increase efficiency and manufacturing capacity, expanding NCF’s team and geographic footprint, optimizing the Company’s product lineup, and selectively pursuing strategic acquisitions.

Continuim’s acquisition of NCF serves as the second platform investment in CEP Fund II, LP, and the initial investment within its Air Filtration investment thesis.

Certain statements about Continuim made by portfolio company executives herein are intended to illustrate the work of Continuim’s team with such portfolio companies. Such portfolio companies are controlled by investment vehicles managed by Continuim. Portfolio company executives were not compensated in connection with their participation, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Continuim-sponsored vehicles. Such compensation and investments subject participants to potential conflicts of interest in making the statements herein.