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33 YEARS APIVITA GREEN BUSINESS
            1979 – 2012




Nikos Koutsianas
APIVITA Co-founder, CEO
The crisis

       Financial
     Environmental
        Societal




 How we see it



                      Danger   Opportunity
The flight of the bee
                                  Starting from their pharmacy and filled with passion for bees, Greek nature and
                                   Hippocrates’ holistic approach to health and beauty, Mrs. and Mr. Koutsianas
                                                          initiated what APIVITA is today
                                                                                    1990                                                   2005

                                                       The aromatherapy and personal                                Entry into Hong Kong’s
                                       1979           cosmetics lines are launched, an                        market. The company becomes
                                                             international product and                         active in the field of spas and
      APIVITA is established, being the               marketing innovation case study                             hotel products concluding
    first natural beauty care company in                   according to the marketing                                  important partnership
         Greece.                   Artist                         “guru” Philip Kotler                                             agreements
          Spyros Ornerakis undertakes to
       design the brand’s packaging and                                                                                                    2006
              displays at pharmacies The                                                                 2000
     pioneering propolis “black soap” is                                                                                Opening of the first                                 2009
                                launched                                                      Express masks a      APIVITA flagship store in
                                                                                                   product and     Greece, Kolonaki, Athens                 APIVITA establishes
              1972-1978                                                                              marketing                                              its first subsidiary in
                                                                                               innovation, are                                               Spain       APIVITA
 Pharmacists Niki & Nikos Koutsianas                                                           launched in the                                              Hair color and Men’s
  prepare their first face creams with                                                       market, creating a                                                     care range are
 royal jelly, extracts and essential oils                                                  new major category                                                             launched
and other natural creams and functional                                    1983                                                                                 APIVITA Farm is
                                                                                                for pharmacies
     tea blends in their pharmacy                                                                                                      2007                             established
                                                          Anti-dandruff and dry
                                                             scalp shampoos are                                                                                              2010
                                                                                                                     The Queen Bee face
                                                           launched; to this day,
                                                                                                                                care line is        APIVITA signs an agreement
                                                            they remain the first
                                               1980                                                                           successfully             with Ajinomoto and enters
                                                      choice among consumers
                                                                                                                       launched, 35 years         Japan with two stores in Tokyo!
                                         The first     in the Greek pharmacies
                                                                                                                      after the first cream                 The Kid’s care line is
                                    PROPOLINE                                                            2003             made with royal                             relaunched.
                                      shampoo is                                                                                        jelly
                                                                               APIVITA enters the Spanish                                                                    2011
                                  launched in the
                                    classic amber                                   and US markets. Today,                              2008      Baby care organic certified line
                                  pharmaceutical                               APIVITA is sold in El Corte           The big success of the        is relaunched.          The 1st
                                            bottle                             Ingles department stores and              face care category         Social Responsibility Report
                                                                                       pharmacies in Spain           leads to the launching             (GRI-G3) is made public
                                                                                                                    of Aqua Vita, First line
                                                                                                                           and Wine Elixir

             Source: APIVITA Natural Products S.A.
Our history




      Our story begins in 1972 when my wife Niki and I,
         created our first natural products combining
       propolis, honey, royal jelly, natural extracts and
                         essential oils
People knew in 1979 ....
That the earth is round and the soap ... is
white!!
I still had another idea for the soap ...
I thought of changing the soap’s
composition and therefore its colour ....
Thus, we created the first black soap with
propolis in the world!!
The first soap made with propolis…




                                     6
The first soap made with propolis…




   Selling the “unsellable…

                                     7
Our philosophy

                                 Addressing
                                  health &
                                 beauty in a
                                   natural,
                                effective and
                                    holistic      Sharing of
                                     way        our knowledge
  APIVITA                                       of Greek herbs
                                                   and bee
 believes in                                       products

the power of
  nature to                                      Respect to the
                                                  environment
   create                                       (natural-cultural)
  Natural,
  Effective,
   Holistic
  products

                                                                     8
Our values


                                                       Putting
                                                       people
                                                        first


                                       Transparency              Continuous
  APIVITA’s                            and integrity              learning
 values are
integrated in            Emotional
      all               intelligence
activities, pro
cesses, servic                           Ecological
                                                                     Kallos
                                                                  (inner and
    es and                              intelligence
                                                                 outer beauty)
   product
development
    stages




                                                                            9
Our inspiration


                              … Bees’
                  Offering of pollination to ecosystems
                  and added value products to mankind

                           … Greek nature’s
                              rich biodiversity
                          and unique plant species


                                 …Hippocrates’
                            2500 years of tradition and
                         knowledge and holistic approach
                                health and beauty


                                            10
Innovation
               A leading team of scientists and APIVITA’s in depth knowledge of
               ingredients



                         10 highly qualified scientists in the fields of
                     chemistry, cosmetology and chemical engineering
Innovation
 lies at the
  heart of             Creation of total standardized extracts with high
 APIVITA                  biological value and concentration of active
                    ingredients, made with organic certified plants and
                               environmentally friendly solvents




                                                                            11
Research and development
         A leading new green product development platform

  APIVITA’s R&D platform transforms the Company’s philosophy,
   inspiration and values to innovative green product formulations




Inspired by…

                               Greek
                               nature



                        Bees       Hippocrates



                                                 …leading to unique
                                                     authentic and
                    Effective                      innovative green
                                                       products


                                                            12
Innovation in practice
               Extracts
                Extracts




Herbs                            Natural product
               Distillates




               Infusions




                                 13
Innovation
                                  A holistic green marketing approach
 Marketing       Senior            Other       Products &
                                                            Price         Promotion    Channels
department     management       departments     Services




                                                 People                               Processes



              Internal                                          Integrated
             marketing                                          marketing
                                          Holistic
                                           green
               Socially                  marketing
                                                              Relationship
             responsible
                                                               marketing
              marketing

Our people                      Environment




Ethics and
               Channels     Enterpreneurship    Customers           Channels          Partners
  Legal




                                                                               14
Innovation in marketing
Packaging and products




         Monodose Express Beauty Masks… a global innovation
                                                              15
The future is now…….




                       16
APIVITA Farm
 APIVITA has invested significantly in developing
                   APIVITA Farm
  Will allow APIVITA to vertically integrate the
                       business
  APIVITA Farm grows an extensive variety of
      herbs used in APIVITA’s formulations
  Community support given that local farmers &
            agriculturists are shareholders
 Securing traceability and high quality supply for
                      APIVITA




         APIGAIA



             Source:    APIVITA Natural Products S.A.


  1)
                              Notes:
       APIVITA maintains a minority stake of 20% at APIVITA Farm   17
APIVITA Sustainability-CSR
                       APIVITA has established a wide corporate social responsibility plan




        Heritage                          Marketplace                               Environment
 Hippocrates’ Botanical             Sponsoring an MBA                     Environmental friendly
        Garden                     designed for pharmacists                          actions
     APIVITA is the major                  APIVITA in                     Recycled and recyclable
        sponsor and active                cooperation with the                      materials
         participant of the               Athens University of
                                             Economics has                      Social and cultural
      Hippocrates’ Botanical
                                          established an MBA
      Garden establishment               especially designed to                 Restoration of the
       on the island of Kos,               meet the needs of                    Balalas pharmacy in
       Greece (Hippocrates               pharmacists providing                     Mount Athos
            birthplace                     them the tools to                     A pharmacy opened in
                                            grow sustainably                              1890

    APIVITA’s Corporate Social Responsibility programme is inspired by its
     founder shareholders values and beliefs as well as their constant wish to
                             provide back to society


                                                                                             18
Global recognitions
APIVITA has won numerous awards for its products, while it has received various
                     recognitions for its innovations




                                                                              19
Global recognitions
Innovation acknowledgement by Association of Greek
              Industries and Bill Gates




                                                     20
Turn the impossible into possible

      Think out of the box

        Break the rules

     Be True to your values

          Think positive


 Think local, act global


                                     21
APIVITA’s Global Presence

                                           “Think Local, Act Global”

                                                                          Ukraine

                                                       Benelux




                                               UK                                                 RUSSIA

             CANADA
                                                                                       Romania
                                           Croatia                    GERMANY
                                                                                                             KOREA
                                                                                                                               Japan

                                                                              TURKEY           CHINA
                                                                                                                               Hong Kong
                      USA
                                              Spain                                            THAILAND
                                                                                                                               Taiwan
                                                                 Greece
                                                                                       INDIA




   CHINA                             BRAZIL
   KOREA
  CANADA                    CHILE
 GERMANY                                                                                         Singapore
  TURKEY
  RUSSIA
                                                                      S. AFRICA
ARGENTINA                      ARGENTINA            Cyprus
  BRAZIL
   CHILE                                                                                                      Australia
 THAILAND
    INDIA
 S. AFRICA                                                                                                                22
Future Countries
Spain: Madrid, Flagship store




                                23
Honk Kong: Wellington Street




                               24
Hong Kong




            25
Thank you

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Nikos Koutsianas

  • 1. 33 YEARS APIVITA GREEN BUSINESS 1979 – 2012 Nikos Koutsianas APIVITA Co-founder, CEO
  • 2. The crisis  Financial  Environmental  Societal How we see it Danger Opportunity
  • 3. The flight of the bee Starting from their pharmacy and filled with passion for bees, Greek nature and Hippocrates’ holistic approach to health and beauty, Mrs. and Mr. Koutsianas initiated what APIVITA is today 1990 2005 The aromatherapy and personal Entry into Hong Kong’s 1979 cosmetics lines are launched, an market. The company becomes international product and active in the field of spas and APIVITA is established, being the marketing innovation case study hotel products concluding first natural beauty care company in according to the marketing important partnership Greece. Artist “guru” Philip Kotler agreements Spyros Ornerakis undertakes to design the brand’s packaging and 2006 displays at pharmacies The 2000 pioneering propolis “black soap” is Opening of the first 2009 launched Express masks a APIVITA flagship store in product and Greece, Kolonaki, Athens APIVITA establishes 1972-1978 marketing its first subsidiary in innovation, are Spain APIVITA Pharmacists Niki & Nikos Koutsianas launched in the Hair color and Men’s prepare their first face creams with market, creating a care range are royal jelly, extracts and essential oils new major category launched and other natural creams and functional 1983 APIVITA Farm is for pharmacies tea blends in their pharmacy 2007 established Anti-dandruff and dry scalp shampoos are 2010 The Queen Bee face launched; to this day, care line is APIVITA signs an agreement they remain the first 1980 successfully with Ajinomoto and enters choice among consumers launched, 35 years Japan with two stores in Tokyo! The first in the Greek pharmacies after the first cream The Kid’s care line is PROPOLINE 2003 made with royal relaunched. shampoo is jelly APIVITA enters the Spanish 2011 launched in the classic amber and US markets. Today, 2008 Baby care organic certified line pharmaceutical APIVITA is sold in El Corte The big success of the is relaunched. The 1st bottle Ingles department stores and face care category Social Responsibility Report pharmacies in Spain leads to the launching (GRI-G3) is made public of Aqua Vita, First line and Wine Elixir Source: APIVITA Natural Products S.A.
  • 4. Our history Our story begins in 1972 when my wife Niki and I, created our first natural products combining propolis, honey, royal jelly, natural extracts and essential oils
  • 5. People knew in 1979 .... That the earth is round and the soap ... is white!! I still had another idea for the soap ... I thought of changing the soap’s composition and therefore its colour .... Thus, we created the first black soap with propolis in the world!!
  • 6. The first soap made with propolis… 6
  • 7. The first soap made with propolis… Selling the “unsellable… 7
  • 8. Our philosophy Addressing health & beauty in a natural, effective and holistic Sharing of way our knowledge APIVITA of Greek herbs and bee believes in products the power of nature to Respect to the environment create (natural-cultural) Natural, Effective, Holistic products 8
  • 9. Our values Putting people first Transparency Continuous APIVITA’s and integrity learning values are integrated in Emotional all intelligence activities, pro cesses, servic Ecological Kallos (inner and es and intelligence outer beauty) product development stages 9
  • 10. Our inspiration … Bees’ Offering of pollination to ecosystems and added value products to mankind … Greek nature’s rich biodiversity and unique plant species …Hippocrates’ 2500 years of tradition and knowledge and holistic approach health and beauty 10
  • 11. Innovation A leading team of scientists and APIVITA’s in depth knowledge of ingredients  10 highly qualified scientists in the fields of chemistry, cosmetology and chemical engineering Innovation lies at the heart of  Creation of total standardized extracts with high APIVITA biological value and concentration of active ingredients, made with organic certified plants and environmentally friendly solvents 11
  • 12. Research and development A leading new green product development platform APIVITA’s R&D platform transforms the Company’s philosophy, inspiration and values to innovative green product formulations Inspired by… Greek nature Bees Hippocrates …leading to unique authentic and Effective innovative green products 12
  • 13. Innovation in practice Extracts Extracts Herbs Natural product Distillates Infusions 13
  • 14. Innovation A holistic green marketing approach Marketing Senior Other Products & Price Promotion Channels department management departments Services People Processes Internal Integrated marketing marketing Holistic green Socially marketing Relationship responsible marketing marketing Our people Environment Ethics and Channels Enterpreneurship Customers Channels Partners Legal 14
  • 15. Innovation in marketing Packaging and products Monodose Express Beauty Masks… a global innovation 15
  • 16. The future is now……. 16
  • 17. APIVITA Farm  APIVITA has invested significantly in developing APIVITA Farm  Will allow APIVITA to vertically integrate the business  APIVITA Farm grows an extensive variety of herbs used in APIVITA’s formulations  Community support given that local farmers & agriculturists are shareholders  Securing traceability and high quality supply for APIVITA APIGAIA Source: APIVITA Natural Products S.A. 1) Notes: APIVITA maintains a minority stake of 20% at APIVITA Farm 17
  • 18. APIVITA Sustainability-CSR APIVITA has established a wide corporate social responsibility plan Heritage Marketplace Environment  Hippocrates’ Botanical  Sponsoring an MBA  Environmental friendly Garden designed for pharmacists actions  APIVITA is the major  APIVITA in  Recycled and recyclable sponsor and active cooperation with the materials participant of the Athens University of Economics has Social and cultural Hippocrates’ Botanical established an MBA Garden establishment especially designed to  Restoration of the on the island of Kos, meet the needs of Balalas pharmacy in Greece (Hippocrates pharmacists providing Mount Athos birthplace them the tools to  A pharmacy opened in grow sustainably 1890 APIVITA’s Corporate Social Responsibility programme is inspired by its founder shareholders values and beliefs as well as their constant wish to provide back to society 18
  • 19. Global recognitions APIVITA has won numerous awards for its products, while it has received various recognitions for its innovations 19
  • 20. Global recognitions Innovation acknowledgement by Association of Greek Industries and Bill Gates 20
  • 21. Turn the impossible into possible Think out of the box Break the rules Be True to your values  Think positive  Think local, act global 21
  • 22. APIVITA’s Global Presence “Think Local, Act Global” Ukraine Benelux UK RUSSIA CANADA Romania Croatia GERMANY KOREA Japan TURKEY CHINA Hong Kong USA Spain THAILAND Taiwan Greece INDIA CHINA BRAZIL KOREA CANADA CHILE GERMANY Singapore TURKEY RUSSIA S. AFRICA ARGENTINA ARGENTINA Cyprus BRAZIL CHILE Australia THAILAND INDIA S. AFRICA 22 Future Countries
  • 25. Hong Kong 25