THE PERSONS LISTED IN SCHEDULE 1as Management WarrantorsandACTUANT ACQUISITIONS LIMITEDas PurchaserWARRANTY DEEDrelating to:the sale and purchase of Venice Topco Limited McDermott Will & Emery Heron Tower 110 Bishopsgate London EC2N 4AY DX 42619 Cheapside www.mwe.com Tel: +44 20 7577 6900 Fax: +44 20 7577 6950 MWE (28.07.2013)

This Deed is entered into in connection with a share sale and purchase agreement of even date herewith (the Share Purchase Agreement) made between the Sellers and the Purchaser (each as defined therein) relating to the acquisition by the Purchaser of the Company.

IT IS AGREED as follows:

Accounts: the consolidated audited balance sheet, profit and loss statement and cash flow statement of the Group in respect of the accounting period ending on the Accounts Date, including all notes to such statements.

Accounts Date: 31 December 2012.

Act: Companies Act 2006.

Adrian Bannister Exit Bonus Letter: the letter between Adrian Bannister, HSBC Investment Bank Holdings plc, the Purchaser and the Company dated on or around the date of this Deed.

A Ordinary Share: an A ordinary share of £0.001 in the capital of the Company.

Applicable Law: any law (including common law or other binding law), statute, regulation, code, ordinance, rule, judgment, order, decree or directive or any determination by or requirement of a Competent Authority.

Authority: any local, national, multinational, governmental or non-governmental authority, statutory undertaking, agency or public or regulatory body (whether present or future) which has jurisdiction over the Business.

Bayliss Deduction any amount which has been deducted from William John Bayliss’ entitlement to the Escrow Sum (as such term is defined in the Share Purchase Agreement) in accordance with Clause 4 of the Share Purchase Agreement.

Bayliss Shares: the shares in the capital of the Company which were sold to William John Bayliss by HSBC Investment Bank Holdings plc pursuant to the Bayliss SPA.

Bayliss SPA: the agreement for the sale and purchase of shares in the Company dated 22 November 2012 and made between HSBC Investment Bank Holdings plc and William John Bayliss.

Bayliss Warranty Claim: a claim by the Purchaser under or in respect of the warranty given to it by William John Bayliss in Clause 3.12.

Bonus Agreement: each bonus agreement in the form which is initialled by William John Bayliss and the Purchaser for the purpose of identification only and which is to be entered into between the Management Warrantors (excluding WW Moor AS) and Wolfgang Wandl and the Company on Completion.

B Ordinary Share: a B ordinary share of £0.001 in the capital of the Company.

Business: the business carried on by the Group as at, and before, Completion and includes any part of it.

Business Day: a day (other than a Saturday, Sunday or public holiday) on which banks are generally open in London or New York for normal business.

Claim: a claim under this Deed or a Share Purchase Agreement Title Claim.

Commercial Warranties: the Warranties, other than the Fundamental Warranties and the Tax Warranties.

Commercial Warranty Claim: a claim under or in respect of a Commercial Warranty or Commercial Warranties.

Company: Venice Topco Limited, a company incorporated and registered in the United Kingdom with company number 06923445 whose registered office is at 1 Park Row, Leeds, LS1 5AB.

Competent Authority: any national, state or local government authority, any government, quasi-governmental, judicial, public or administrative agency, authority or body, any court of competent jurisdiction or any operator or regulator of a recognised investment exchange.

Competition Law: the national and directly effective legislation of any jurisdiction which governs the conduct of companies or individuals in relation to restrictive or other anti-competitive agreements or practices (including, but not limited to, cartels, pricing, resale pricing, market sharing, bid rigging, terms of trading, purchase or supply and joint ventures), dominant or monopoly market positions (whether held individually or collectively) and the control of acquisitions or mergers.

Completion: completion of the sale and purchase of the Shares in accordance with the Share Purchase Agreement.

Completion Date: the date of Completion of the Share Purchase Agreement according to its terms.

Consideration: means an amount equal to the aggregate of all sums paid to the Management Warrantors (i) under the Share Purchase Agreement and the WW Moor AS Share Purchase Agreement and (ii) by way of Exit Bonus.

Contract of Employment: each contract of employment in the form which is initialled by William John Bayliss and the Purchaser for the purpose of identification only and which is to be entered into between the Management Warrantors (excluding WW Moor AS) and Wolfgang Wandl and the Company on Completion.

C Ordinary Share: a C ordinary share of £0.001 in the capital of the Company.

CTA 2009: the Corporation Tax Act 2009.

CTA 2010: the Corporation Tax Act 2010.

Data Room: the electronic data site hosted by Merrill Corporation made available to the Purchaser in connection with the transaction contemplated by the Transaction Documents and entitled "Albion".

Data Room CD: the CD containing the contents of the Data Room initialed by or on behalf of the Purchaser's Solicitors and the Management Warrantors' Solicitors for the purposes of identification.

Determined Claim: has the meaning given in paragraph 13.2 of Schedule 4 (Limitations).

Determined Liability: has the meaning given in paragraph 13.2 of Schedule 4 (Limitations).

Director: a person who is, at the date of this Deed, a director of a Group Company.

Disclosed: fairly disclosed with sufficient detail to enable the Purchaser to identify the nature and scope of the matter disclosed.

Disclosure Bundle: the bundle of documents in hard copy form made available to the Purchaser in connection with the Warranties and initialed by or on behalf of the Purchaser's Solicitors and the Management Warrantors' Solicitors for the purposes of identification.

Disclosure Documents: the documents which are listed in schedule 2 to the Disclosure Letter and which are contained on the Data Room CD or in the Disclosure Bundle, and a reference in this Deed to a Disclosure Document followed by a number is to the document which is so numbered in that schedule.

Disclosure Letter: the letter from the Management Warrantors to the Purchaser with the same date as this Deed in relation to the Warranties.

Effective Time: 11:59 P.M. on the day before the Completion Date.

Eligible Commercial Warranty Claim: has the meaning given in paragraph 5 of Schedule 4 (Limitations).

Employee: means an individual who has entered into or works under a contract of employment with any Group Company and also includes any director or other officer of any Group Company whether or not he has entered into or works or worked under a contract of employment with any Group Company.

Encumbrance: means any mortgage, charge (fixed or floating), pledge, lien, option, right to acquire, right of pre-emption, assignment by way of security or trust arrangement for the purpose of providing security or other security interest of any kind (including any retention arrangement), or any agreement to create any of the foregoing and, as to the Shares, any voting agreement, proxy, option or restriction on transfer (other than any restriction which is contained in the articles of association of the Company).

Exit Bonus: the meaning given in the Share Purchase Agreement.

Exit Bonus Letters: the meaning given in the Share Purchase Agreement.

Exit Bonus Payees: the meaning given in the Share Purchase Agreement.

Fundamental Warranties: the Warranties in paragraph 19 of Schedule 3 (Warranties).

Fundamental Warranty Claim: a claim under or in respect of a Fundamental Warranty or Fundamental Warranties.

Group: the Company and its Subsidiaries.

Group Companies: the Company and its Subsidiaries, and Group Company means any one of them.

Intellectual Property: has the meaning given in paragraph 7 of Schedule 3 (Warranties).

IHTA: the Inheritance Tax Act 1984.

ITEPA: the Income Tax (Earnings and Pensions) Act 2003.

James Gaskell Exit Bonus Letter: the letter between James Gaskell, HSBC Investment Bank Holdings plc, the Purchaser and the Company dated on or around the date of this Deed.

Key Employee: each of William John Bayliss, Adrian Bannister, James Gaskell, Wolfgang Wandl, Anthony Alexander, Christopher Chapman, Christopher Forde, Michael Main, Tom Bower, John Dick, Mathew Wells, Janice O'Brien, Matthew Gordon, Ronnie Coull, Gus Smart, Donald Taylor, Brian Reid, Anne Lorup, Irene Marken, Trond Waldow, Kare Pederson, Knut Fisketjon, Anna Keen, Jamie Scoringe, Mike Kochalski, Wenchao Zhang, and Gavin Crossan.

Limited Participation Share: a limited participation share of £0.001 in the capital of the Company.

Management Accounts: the unaudited consolidated balance sheet, profit and loss statement and cash flow statement of the Group in respect of the accounting period commencing on the day after the Accounts Date and ending on 30 June 2013, including all notes to such statements.

Management Sellers: James Gaskell and William John Bayliss.

Management Warrantors' Solicitors: Addleshaw Goddard LLP, 100 Barbirolli Square, Manchester M2 3 AB.

Norwegian Pension Scheme: the defined benefit pension scheme arranged with Storebrand Livsforsikring AS by each of Viking Sea Tech Holdings Norge AS, Viking Sea Tech Group Norge AS and Viking SeaTech Norge AS entitling the employees to the following pension benefits: retirement/old age pension, disability pension, spouse/cohabitant pension and child pension.

Opined Liability: has the meaning given in paragraph 13.2 of Schedule 4 (Limitations).

Pension Schemes: the group personal pension scheme as provided by Scottish Widows under policy number P000067722 and the Norwegian Pension Scheme.

Permitted Assignee: has the meaning given in Clause 9.2.

Properties: the leasehold properties occupied by Group Companies as set out in Appendix 4 of the vendor legal due diligence report prepared by Pinsent Masons LLP (up to and including 12 July 2013) for the benefit of the Company and the Purchaser, and Property means any one of them).

Purchaser Bonus Obligation: has the meaning given in paragraph 13.1 of Schedule 4 (Limitations).

Purchaser’s Group: the Purchaser, any subsidiary of the Purchaser, any direct or indirect holding company of the Purchaser and any subsidiary of any such holding company of the Purchaser, from time to time.

Purchaser's Solicitors: McDermott Will & Emery LLP of 110 Bishopsgate, London EC2N 4AY.

Relevant Day: has the meaning given in Clause 6.4.

Set-off Management Warrantor: has the meaning given in paragraph 13.1 of Schedule 4 (Limitations).

Shareholders' Agreement: Disclosure Document O2.

Share Purchase Agreement Title Claim: a claim by the Purchaser against any Management Seller under or in respect of any warranty, representation, statement, covenant or undertaking as to the interest of that Management Seller in any Share which forms an express or implied term of the Share Purchase Agreement.

Shares: the A Ordinary Shares, B Ordinary Shares, C Ordinary Shares and Limited Participation Shares as set out in part A of Schedule 2 (Company Details).

Subsidiary: has the meaning given in section 1159 of the Act.

Supplementary Disclosure Letter: a letter from the Management Warrantors to the Purchaser to be delivered to the Purchaser or the Purchaser's Solicitors on Completion (and covering matters in relation to the Warranties in the period between (and including) the date of this Deed and Completion).

Tax or Taxation: all forms of taxation and statutory, governmental, state, federal, provincial, local, government or municipal charges, duties, imposts, contributions, levies, withholdings or liabilities wherever chargeable and whether of the UK or any other jurisdiction (including, for the avoidance of doubt, national insurance contributions in the UK and corresponding obligations elsewhere) and any penalty, fine, surcharge, interest, charges or costs relating thereto (including interest and penalties arising from the failure of the Company or any Subsidiary to make adequate instalment payments under the Corporation Tax (Instalments Payments) Regulations 1998 (SI 1998/3175) in any period ending on or before Completion).

Tax Authority: any government, state or municipality or any local, state, federal or other fiscal, revenue, customs or excise authority, body or official competent to impose, administer, levy, assess or collect Tax in the UK or elsewhere.

Taxation Statute: any directive, statute, enactment, law or regulation wherever enacted or issued, coming into force or entered into providing for or imposing any Tax and shall include orders, regulations, instruments, bye-laws or other subordinate legislation made under the relevant statute or statutory provision and any directive, statute, enactment, law, order, regulation or provision which amends, extends, consolidates or replaces the same or which has been amended, extended, consolidated or replaced by the same.

Tax Warranties: the Warranties in paragraph 18 of Schedule 3 (Warranties).

Tax Warranty Claim: a claim under or in respect of a Tax Warranty or Tax Warranties.

TMA: the Taxes Management Act 1970.

Transaction Documents: this Deed, the Disclosure Letter, the Share Purchase Agreement, the Bonus Agreements, the Contracts of Employment and the WW Moor

AS Share Purchase Agreement (and any document relating to or entered into in connection with the WW Moor AS Share Purchase Agreement) (each a Transaction Document).

UK GAAP: all Statements of Standard Accounting Practice, Financial Reporting Standards and Urgent Issues Task Force Abstracts issued by the Accounting Standards Board, and mandatory as at the Effective Time.

Undetermined Claim: has the meaning given in paragraph 13.2 of Schedule 4 (Limitations).

VATA: the Value Added Tax Act 1994.

Warranted Period: the period starting on 25 July 2009 and ending immediately before Completion.

Warranties: the warranties referred to in Clause 3 and set out in Schedule 3 (Warranties).

WW Moor AS Share Purchase Agreement: the agreement dated on or around the date of this Deed pursuant to which WW Moor AS sold the C Ordinary Shares and Limited Participation Shares it owned in the share capital of the Company to HSBC Investment Bank Holdings plc.

WW Moor AS Tax Claim: a claim by the Purchaser under paragraph 2 of Schedule 7.

re-enacted from time to time (whether before or after the date of this Deed) except to the extent that any amendment or modification made after the date of this Deed would increase the liability of any party under this Deed;

entered into severally (and thus not jointly or jointly and severally) by the persons concerned.

In consideration of the Purchaser entering into the Share Purchase Agreement, the Management Warrantors have agreed to give the warranties, undertakings and covenants set out in this Deed.

shall not constitute a warranty, representation or guarantee as to the accuracy of such information in favour of any Management Warrantor. Each of the Management Warrantors waives, in favour of the Purchaser and (as applicable) each of the Group

Companies and each Officer, all and any claims which they might otherwise have against any of them in respect of such Warranties or the information in the Disclosure Letter. For the avoidance of doubt, the Company and any other member of the Group (acting by any director, officer and/or employee) may enforce the terms of this clause 3.5 in accordance with the Contracts (Rights of Third Parties) Act 1999.

3.6    

provisions of Clause 3.8 and Schedules 4 and 5) be liable to pay to the Purchaser (on a pound-for-pound basis) an amount equal to any payment of Tax for which a Group Company is liable and for which it would not have been liable had there been no such breach. The liability of the Management Warrantors in respect of all breaches of the other Warranties shall be calculated in accordance with paragraphs 1(b) and (c) of Schedule 4.

The provisions of Schedule 5 (Tax) apply in this Deed.

Except where this Deed provides otherwise, each party shall pay its own costs relating to the negotiation, preparation, execution and performance by it of this Deed.

This Deed has been entered into on the date stated at the beginning of it.

13.3    

(including any Encumbrance relating to such facilities, agreements or arrangements) and copies of all documents relating to such facilities, agreements or arrangements are contained in the Disclosure Documents.

In this schedule, a Small Lease Agreement is any agreement or arrangement for hire in or rent in by any Group Company, hire-purchase by any Group Company or conditional sale to or purchase by any Group Company by way of credit or instalment payment to which any Group Company is a party where the annual payments by the relevant Group Company thereunder do not exceed £50,000.

Save in relation to the Pension Schemes, there is not and has not been in operation, and no proposal has been announced to enter into or establish, any agreement, arrangement, custom or practice (whether enforceable or not) for the provision of Relevant Benefits or sickness or disability benefits for any person to which any Group Company is, has been or will be a party and no Group Company has contributed, and is not and will not become under any obligation to contribute, to any such agreement, arrangement, custom or practice and no Group Company has provided such benefits on a voluntary basis.

In this paragraph, Relevant Benefits means any pension (including an annuity), lump sum, gratuity or other like benefit given or to be given on retirement or on death, or by virtue of a pension sharing order or provision, or in anticipation of retirement, or, in connection with past service, after retirement or death, or to be given on or in anticipation of or in connection with any change in the nature of the service of the employee in question.

6.3    

In this paragraph 7:

Company IPR means all Intellectual Property set out in Schedule 6 (Intellectual Property).

Intellectual Property means patents, registered designs, trade marks and service marks (whether registered or not and including applications for any of the foregoing), copyright, design right, trading names, rights in and to confidential information and know-how rights in and to databases.

are aware, there are no changes to rent (or similar payments) in the course of being determined or exercisable by the landlord from a date before the date of this Deed.

11.4    

All accounts receivable are properly reflected on the books and records of the Group Companies, and are not subject to any set-offs or counterclaims or disputes and, so far as the Management Warrantors are aware, are collectible in the ordinary course of business using normal collection practices.

So far as the Management Warrantors are aware, there is no liability, debt or obligation of or claim against any Group Company required by UK GAAP to be set forth on a balance sheet or income statement or in the footnotes to a financial statement prepared in accordance with UK GAAP, except for liabilities and obligations (a) reflected or reserved for in the Accounts or disclosed in the notes thereto, (b) that have arisen since the Accounts Date in the ordinary course of the operation of the business of the Group or (c) disclosed in the Disclosure Letter.

So far as the Management Warrantors are aware, no one is entitled to receive from any Group Company any finder's fee, brokerage or commission or other benefit in connection with the sale of the Shares

2009 are eligible to be brought into account by the Company or the Subsidiaries as a debit for the purposes of Part 5 of CTA 2009 at the time and to the extent that such debits are recognised in the statutory accounts of the Company or the Subsidiaries.

(a)    conflict with or constitute a default under any provision of:

The Purchaser:

If the Purchaser becomes aware of a fact, matter or circumstance which may give rise to a Claim (excluding any WW Moor AS Tax Claim or Tax Warranty Claim):

The liability of the Management Warrantors in respect of any Commercial Warranty Claim shall terminate unless legal proceedings in connection with such claim are commenced within six months after the date on which the Purchaser gives notice of that claim in accordance with paragraph 3 of this Schedule.

maximum aggregate liability of WW Moor AS in respect of all WW Moor AS Tax Claims shall be limited to £200,000.

Any payment made by a Management Warrantor in respect of a Claim shall, to the maximum extent possible, be deemed to be a reduction in the Consideration.

The Purchaser shall take all reasonable steps to mitigate any loss or damage which it may suffer as a consequence of any fact, matter or circumstance which may give rise to a Claim (excluding a WW Moor AS Tax Claim and a claim under or in respect of the Tax Warranties which are contained in paragraphs 18.1, 18.2, 18.5, 18.8 and 18.18 of Schedule 5).

Where any member of the Purchaser's Group or any Group Company is entitled to recover from any person any amount in respect of any fact, matter or circumstance which is likely to give rise to a Commercial Warranty Claim, the Purchaser shall, or shall procure that the relevant other member of the Purchaser's Group or Group Company shall, use all reasonable endeavours to recover that amount. The Purchaser shall keep the Management Warrantors informed of the conduct of such recovery. Any amount so recovered by the Purchaser or any other member of the Purchaser's Group or Group Company (less any reasonable out of pocket expenses incurred in recovering the amount) will reduce the amount of the Commercial Warranty Claim by an equivalent amount. If recovery is delayed until after the Commercial Warranty Claim has been satisfied by any Management Warrantor(s), the Purchaser shall repay to the relevant Management Warrantor(s) the amount so recovered from the third party (less any reasonable out of pocket expenses incurred in recovering the amount) within ten Business Days of receipt of such amount. If the amount recovered by the Purchaser, other member of the Purchaser's Group or Group Company exceeds the amount satisfied by the relevant Management Warrantor(s), the Purchaser shall be entitled to retain the excess.

The Purchaser shall not be entitled to recover damages or otherwise obtain payment, reimbursement or restitution more than once in respect of the same loss, liability, cost, expense or damage.

The time limits in paragraph 3 above shall not limit any Commercial Warranty Claim or Tax Warranty Claim in respect of a liability which is contingent or unascertained where written notice of such claim is given to the Management Warrantors before the expiry of the relevant periods specified. No Management Warrantor shall have any liability in respect of such a claim until the contingent liability becomes an actual liability or becomes capable of being quantified and provided that legal proceedings are commenced in respect of such claim within six months of the date on which the contingent liability becomes an actual liability or the liability is otherwise capable of being quantified.

(a)    in respect of a Determined Claim, the Determined Liability; and/or

(b)    in respect of an Undetermined Claim, the Opined Liability,

of a Management Warrantor against a payment obligation of the Purchaser under the Bonus Agreement entered into by that Management Warrantor (that Management Warrantor being the Set-off Management Warrantor and that payment obligation of the Purchaser being the Purchaser Bonus Obligation).

and, in each case, the Determined Liability of the Set-off Management Warrantor in respect of that Claim shall be the amount payable as agreed by the Set-off Management Warrantor and the Purchaser or as determined by the judgment or settlement order (as the case may be); and

(iii)    which is not a Determined Claim; and

Accounts Relief means:

Demand means any assessment, notice, letter, demand or other document issued or action taken by or on behalf of any Tax Authority or any form of return, computation, account, other document or self-assessment required by law from which it appears that a Group Company is subject to, or is sought to be made subject to, or will or might become subject to, any Taxation liability (including but not limited to the imposition or withholding of or on account of any Taxation or any amount in the nature of Taxation)

Dispute means any dispute, appeal, negotiation or other proceeding in connection with a Demand

Purchaser’s Relief means:

(a)    any Accounts Relief

(b)    any Relief which arises as a result of any event occurring after Completion and

Purchaser’s Tax Group means the Purchaser and any other company or companies which are from time-to-time treated as members of the same group as, or otherwise connected or associated in any way with, the Purchaser for any Tax purpose

Relief means any loss, allowance, exemption, setoff, deduction, credit other relief from or relating to any Taxation or to the computation of income, profits or gains for the purpose of any Taxation and any right to a repayment of Taxation

Sellers’ Relief means any Relief other than a Purchaser’s Relief

in each case announced and taking effect after Completion; or

otherwise obtained reimbursement or restitution from any of the Sellers in respect of the same liability; or

Taxation and any third party costs and expenses) which may be incurred by the Purchaser or the relevant Group Company in taking the Action;

then the Purchaser or the relevant Group Company shall have the conduct of the Dispute absolutely (without prejudice to its rights under this Agreement) and shall be free to pay or settle the Demand on such terms as the Purchaser or the relevant Group Company may in its absolute discretion (but acting in good faith) consider fit.

that Relief, and if the Auditors so determine, the amount by which that liability has been eliminated or the amount of the repayment of Tax (after deduction of any liability for Tax arising as a result of such repayment) (as the case may be), shall be dealt with in accordance with paragraph 4.2; or

Management Warrantors as soon as reasonably practicable (and in any event, where reasonably practicable, no later than 10 Business Days prior to the expiry of any applicable time limit) for their reasonable comment, authorisation and written approval and shall only finally be submitted or transmitted to the relevant Tax Authority on the receipt of the written approval of the Management Warrantors (such approval not to be unreasonably withheld or unreasonably delayed).

Where any member of the Purchaser's Group or any Group Company is entitled to recover an actual monetary amount from any person (other than another Group Company or member of the Purchaser’s Group) in respect of any fact, matter or circumstance which is likely to give rise to a Tax Warranty Claim, the Purchaser shall, or shall procure that the relevant other member of the Purchaser's Group or Group Company shall, use all reasonable endeavours to recover that amount. The Purchaser shall keep the Management Warrantors informed of the conduct of such recovery. Any such actual monetary amount so recovered by the Purchaser or any other member of the Purchaser's Group or Group Company (less any reasonable out of pocket expenses incurred in recovering the amount) will reduce the amount of the Tax Warranty Claim by an equivalent amount. If such recovery is delayed until after the Tax Warranty Claim has been satisfied by any Management Warrantor(s), the Purchaser shall repay to the relevant Management Warrantor(s) the amount so recovered from the third party (less any reasonable out of pocket expenses incurred in recovering the amount) within ten Business Days of receipt of such amount. If the amount recovered by the Purchaser, other member of the Purchaser's Group or Group Company exceeds the amount satisfied by the relevant Management Warrantor(s), the Purchaser shall be entitled to retain the excess.

in each case announced and taking effect after Completion; or

JAMES GASKELL

By: /s/ James Gaskell

Name: James Gaskell

Title: Senior management

WILLIAM JOHN BAYLISS

By: /s/ William John Bayliss

Name: William John Bayliss

Title: Senior Management

ADRIAN BANNISTER

By: /s/ William John Bayliss

Name: William John Bayliss

Title: Attorney (by power of attorney)

ANTHONY ALEXANDER

By: /s/ William John Bayliss

Name: William John Bayliss

Title: Attorney (by power of attorney)

CHRISTOPHER CHAPMAN

By: /s/ William John Bayliss

Name: William John Bayliss

Title: Attorney (by power of attorney)

CHRISTOPHER FORDE

By: /s/ William John Bayliss

Name: William John Bayliss

Title: Attorney (by power of attorney)

MICHAEL MAIN

By: /s/ William John Bayliss

Name: William John Bayliss

Title: Attorney (by power of attorney)

WOLFGANG WANDL

By: /s/ James Gaskell

Name: James Gaskell

Title: Attorney (by power of attorney)

ACTUANT ACQUISITIONS LIMITED

By: /s/ Theodore C. Wozniak

Name: Theodore C. Wozniak

Title: Attorney (by power of attorney)