Tecnoglass and Schüco Announce a New Strategic Alliance

Date: 26 September 2018

Tecnoglass, Inc.,a leading manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, is proud to announce a new alliance with Schüco USA LLLP, a worldwide leader of architectural systems headquartered in Germany.

- Creates Shared Distribution Network Within the Americas -

- Tecnoglass to Manufacture and Sell Schüco Branded Products -

- Tecnoglass to Supply Glass and Aluminum Products to Schüco -

Tecnoglass, Inc. (NASDAQ: TGLS) ("Tecnoglass" or the "Company"), a leading manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, is proud to announce a new alliance with Schüco USA LLLP ("Schüco"), a worldwide leader of architectural systems headquartered in Germany, with more than 60 years of experience and a presence in over 80 countries.

Schüco is known for its expertise in the innovative design of building envelopes, windows, doors and façade systems, for the construction industry.

This new alliance will enable Tecnoglass to manufacture and sell Schüco's architectural systems to external customers in North America and Latin America, alongside the Company's existing ESWindows products. Additionally, Tecnoglass will extrude and paint aluminum profile designs as part of Schüco's global supply chain primarily for products sold in the United States. This agreement will allow Tecnoglass to expand its portfolio and offer more solutions to its clients with high-end, renowned designs, while also becoming a key supplier for Schüco. Through the alliance, both companies will be empowered to combine their knowledge and expertise to strengthen their respective go-to-market capabilities.

Christian Daes, Chief Operating Officer of Tecnoglass, stated, "Schüco is a premier architectural systems company with a globally recognized brand and a long-standing reputation for excellence. This alliance is a remarkable opportunity for Tecnoglass to serve new markets and expand its offering of cutting-edge products. This is a win-win for both companies, where jointly we will be able to take advantage of Tecngolass' state-of-the-art production facilities while sharing each other's established distribution networks across the Americas. Schüco shares our passion for producing high-quality products, and this powerful alliance aligns with our ambitious global expansion plan."

600450 Tecnoglass and Schüco Announce a New Strategic Alliance glassonweb.com

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