A MATERIAL DIFFERENCE // ISSUE VOL1

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A MATERIAL DIFFERENCE // ISSUE 20190101VOL1

If you want it done right, you do it yourself. Mitsubishi Chemical makes some of best golf shafts because we make them from scratch. We not only manufacture the golf shaft, but all of the critical raw materials that make up the golf shaft including the monomer, acrylic fiber, carbon fiber, resin, and prepreg. Over the last 30-years, we have developed more than a thousand different formulations of resin and made over a hundred types of fiber for many performance-based applications, including golf shafts. This vertical integration means we can make virtually any combination of resins and fibers required to optimize a golf shaft s design and performance. The majority of our competitors, on the other hand, work with a relatively limited list of raw materials from a finite number of available suppliers. Typically, they purchase stock prepreg, which can require designs to be adjusted to the limitations of the available materials. Our ability to make any composition of resin or fiber and combine them into our own prepreg sets us apart from our competition. Monomers Basic raw materials consisting of simple molecular structures (monomers) are combined to produce Acrylonitrile (AN). AN is then polymerized to form polyacrylonitrile (PAN). Mitsubishi Chemical uses the highest-grade materials available to create AN and PAN. Prepreg Carbon fibers are impregnated with resin to produce ready-to-mold material in sheet or tow form. Mitsubishi Chemical produces a variety of different types of prepreg for many different applications (e.g. aerospace, sporting goods, etc.). Precursor A solution of PAN is then spun into precursor. The process of creating precursor heavily influences the quality and consistency of the carbon fiber. It is a process in which Mitsubishi Chemical has refined and perfected over the past 60-years. Carbon Fiber Precursor is oxidized and carbonized in ovens to produce carbon fiber. Mitsubishi Chemical produces carbon fiber for a variety of different applications and is one of the largest manufacturers of carbon fiber in the world. Resins Mitsubishi Chemical has developed many different resin systems that possess a variety of mechanical properties (e.g. density, strength, toughness). Over 30 Years Experience Different types of prepreg and exotic materials are then combined to create a composite golf shaft. Mitsubishi Chemical has over 30-years of experience in designing and developing premium, performance-oriented golf shafts.

Driven by innovation. A single strand of carbon fiber is a highly complex thing. It can be used in countless ways and fine-tuned to achieve specific performance characteristics. We think about carbon fiber a lot. There are people at Mitsubishi Chemical, who know more about carbon fiber than most anybody else in the world. When you take the best of these ideas and focus them on a single goal like making the most advanced golf shafts in the world you get a lot of very satisfied golfers. Most of our material technologies and innovations are developed in-house by Mitsubishi Chemical at our labs in Toyohashi, Japan or within the Mitsubishi Chemical Holdings Group. Together we have created thousands of individual formulations of the raw materials that go into a composite golf shaft. Our ability to custom craft raw materials means we can create prepreg and resins from scratch and achieve the exact performance characteristics we want.

Aluminum Vapor Deposited Fiber (Av) Weave Inside a vacuum-sealed chamber, the micro fiber is coated with aluminum vapor. This AV fiber enhances stability, to help achieve the desired EI targets. The AV weave is tighter and thinner than typical woven materials, which helps prevent shaft ovaling. Carbon/Kevlar (Ck) Weave A Carbon Fiber/DuPont Kevlar (CK) woven material; featuring Mitsubishi Chemical carbon fiber has been developed to increase the strength and stability of our shaft in addition to providing superior feel and feedback throughout the swing. DuPont Kevlar is a trademark or registered trademark of E. I. du Pont de Nemours & Company. Dual-Core Titanium Nickel (Tini) Wire Titanium Nickel (TiNi) Wire is a premium elastic wire that immediately springs back to its original shape when stretched. By placing a double layer of TiNi Wire (Dual-Core TiNi) in the tip-section of a shaft we can further increase the strength and stability at impact and deliver tighter shot dispersion. MR70 Specifically designed and developed by Mitsubishi Chemical for highperformance applications, MR70 is an innovative new carbon fiber material that is 20% stronger and has 10% the modulus than conventional materials. Hybrid Prepeg With Boron Mitsubishi Chemical has created hybrid prepreg materials for decades. Our latest creation combines MR70 with Boron fibers to make one of our strongest, most exotic materials yet. Boron fiber is equivalent in stiffness to high modulus carbon fiber with superior compression strength. It is used to structurally reinforce specific areas of the shaft. Braided Technology The braiding technology using Tow Prepreg is incredibly resistant to twisting and ovaling and creates a shaft with no spine, so the shaft performs more consistently than a shaft made with traditional sheet prepreg. Straight Flight Weighting (SFW) The Straight Flight Weighting (SFW) system improves ball flight. As a shaft gets lighter, it becomes more difficult for the golfer to square the clubface or turn the club over through impact, especially a driver. Thus, SFW is designed to help the golfer turn the club over easier through impact, which in turn straightens a slight fade or promotes a slight draw. A short section of tungsten weighted prepreg is precisely placed under the lower end of the shaft s grip area to produce the effect. Tungsten Infused Prepreg A major innovation from our labs in Toyohashi, Japan is our prepreg infused with Tungsten Powder, a very heavy and dense powder. Placing tungsteninfused resin sheets throughout the shaft can affect balance point and overall shaft performane.

LET US COUNT THE WAYS. Let s face it, there s a lot of bragging that goes on in the golf business. And while some shaft companies go on and on about how often their shafts are used on the professional tours, we ve always believed one measurement counts more than any other: Are players winning with it? Isn t that the whole point? That s what Mitsubishi Chemical shafts do better than any other shaft: They help players win. Which is how the best players in the world become the best players in the world.

WINS ON ALL MAJOR TOURS SINCE 2004 MORE WINS THAN THE CLOSEST COMPETITOR MILLION DOLLARS IN PRIZE MONEY FOR 2018 MILLION DOLLARS MORE THAN THE CLOSEST COMPETITOR Source: 2004-2018 Darrell-Survey, PGA TOUR, Web.com Tour and European Sports Marketing Inc. results for tournament winners driver shafts. Formerly Mitsubishi Rayon.

Diamana 4th Generation Series The Shaft That Continues To Lead The Way. We ve taken our most successful, tour proven profiles and enhanced them using Mitsubishi Chemical s latest design and material innovations, to create the next generation Diamana F-Series. Strategically positioned DIALEAD Pitch Fiber, MR70 and boron fiber infused hybrid prepreg deliver unmatched strength, stability and performance. It is our latest testament to our never-ending pursuit of perfection. RF-Series High Launch and Mid Spin Designed for the player seeking a stable, higher launching golf shaft. We ve taken our tour proven, time tested Red Board profile and enhanced it using the latest design and material innovations. DIALEAD Pitch Fiber, MR70, Boron, Ion Plating. BF-Series Mid Launch and Mid/Low Spin Designed for players seeking ultimate versatility without compromising performance. We ve taken our signature smooth bend profile and added more strength and stability where it s needed the most. DIALEAD Pitch Fiber, MR70, Boron, Ion Plating. RF-Series 50 BF-Series 50 RF-Series 60, TX BF-Series 60, TX RF-Series 70 S, X, TX BF-Series 70 S, X, TX RF-Series 80 S, X, TX BF-Series 80 S, X, TX

DF-Series Low/Mid Launch and Low Spin Designed for the more aggressive player seeking a more stable lower launching golf shaft. We ve taken the best characteristics of our two most popular, time tested and tour proven profiles and created the Diamana DF-Series. DIALEAD Pitch Fiber, MR70, Boron, Ion Plating. Thump Fairway & Hybrid Mid/Low Launch and Mid/Low Spin Designed with the stronger player in mind, the Diamana Thump Fairway delivers superior control and feel. It s a perfect complement to the next generation Diamana Force-Series. Multi-Dimensional Interlay (M.D.I.). DF-Series 50 Thump Fairway f55 R, S, DF-Series 60, TX Thump Fairway f65 DF-Series 70 S, X, TX Thump Fairway f75 S, X DF-Series 80 S, X, TX Thump Fairway f85 S, X Thump Hybrid h95 S,X Thump Hybrid h105 X

NEW OFFERING TENSEI AV Series Transforming The Game. The TENSEI AV Blue Series modernizes MCA GOLF s tour-proven, classic smooth bend profile. Aluminum Vapor Coated Fiber in the butt section adds stability, to help achieve the desired EI target and stiffness. Compared to the previous TENSEI CK Series, this is slightly lighter throughout, with a lower torque. And the AV weave is tighter and thinner, to help prevent shaft ovaling and improve energy transfer. TENSEI AV Blue Mid Launch and Mid/Low Spin Introducing the latest advancement in design and innovation - Aluminum Vapor (AV) Coated Fiber. The TENSEI AV Blue enhances our tour-proven, classic smooth bend profile to deliver unmatched performance and playability. Aluminum Vapor (AV) Deposited Fiber, Ultra Lightweight Materials, Straight Flight Weighting (SFW) Technology. AV Blue with SFW 55 AV Blue 65 AV Blue 75 A,

Aluminum Vapor Inside a vacuum-sealed chamber, the fiber is coated with aluminum vapor (AV). This AV fiber adds stability, to help achieve the desired EI target. And the weave is tighter and thinner than the previous CK material, which helps prevent shaft ovaling.

TENSEI CK Pro Series Transforming The Game. The TENSEI CK Pro Series features a multi-material design that optimizes our most proven golf shaft profiles. The TENSEI CK Pro Series combines 11 different prepreg materials, including our Low Resin Content (L.R.C.) prepreg, ultra-thin prepreg and for the first time a Carbon Fiber/DuPont Kevlar weave featuring Mitsubishi Chemical carbon fiber. The TENSEI CK Pro Series also incorporates high modulus, premium 40-Ton prepreg throughout the shaft, in addition to a Boron-reinforced tip-section that lowers torque and provides added control and stability. TENSEI CK Pro Red Mid/High Launch and Mid Spin Fortified with an extended Carbon Fiber/Kevlar weave and a boron reinforced tip-section to deliver more performance, the TENSEI CK Pro Red is designed for the better player seeking a higher launching bend profile without compromising control and stability. Carbon/DuPont Kevlar Weave, Ultra Lightweight Materials, Low Resin Content (L.R.C.) Prepreg, Boron. TENSEI CK Pro Blue Mid Launch and Mid/low Spin TENSEI CK Pro Blue utilizes an extended Carbon Fiber/ Kevlar weave and a boron reinforced tip-section to enhance the strength and stability of our tour-proven, classic smooth bend profile. If you re seeking a golf shaft with the perfect blend of control, distance, and feel, this is the profile for you. Carbon/DuPont Kevlar Weave, Ultra Lightweight Materials, Low Resin Content (L.R.C.) Prepreg, Boron. CK Pro Red 60 R, S, TX CK Pro Blue 60 R, S, TX CK Pro Red 70 S, TX CK Pro Blue 70 S, TX CK Pro Red 80 TX CK Pro Blue 80 TX CK Pro Red Hybrid 60 R CK Pro Blue Hybrid 70 R, S CK Pro Red Hybrid 70 R, S CK Pro Blue Hybrid 80 S, TX CK Pro Blue Hybrid 90 TX

DuPont Kevlar is a trademark or registered trademark of E. I. du Pont de Nemours & Company TENSEI CK Pro White Low Launch and Low Spin Designed with the stronger player in mind, the TENSEI CK Pro White utilizes an extended Carbon Fiber/Kevlar weave and a boron reinforced tip-section to refine our tour-proven, tip-stiff, lower launching profile. TENSEI CK Pro White is the choice for the stronger player seeking ultimate power and control. Carbon/DuPont Kevlar Weave, Ultra Lightweight Materials, Low Resin Content (L.R.C.) Prepreg, Boron. TENSEI CK Pro Orange Low Launch and Low Spin TENSEI CK Pro Orange is the first of its kind, utilizing a counter-balanced design along with an extreme tip-stiff design to provided added versatility for the stronger player. An extended Carbon Fiber/Kevlar weave and strategically placed Tungsten Powder delivers tour preferred control and stability. Carbon/DuPont Kevlar Weave, Ultra Lightweight Materials, Low Resin Content (L.R.C.) Prepreg, Tungsten Powder, Counter Balanced Design, MR70. CK Pro White 50 R, S, TX CK Pro Orange 50 CK Pro White 60 R, S, TX CK Pro Orange 60 R, S, TX CK Pro White 70 S, TX CK Pro Orange 70 S, X, TX CK Pro White 80 TX CK Pro Orange 80 TX CK Pro White Hybrid 90 S, TX CK Pro Orange 90 TX CK Pro White Hybrid 100 TX

TENSEI CK Series Transforming The Game. The TENSEI CK Series features a multi-material design that optimizes our most proven golf shaft profiles in much the same manner as racecar designs use exotic materials to enhance performance and efficiency. The TENSEI CK Series is inspired by the Japanese word Tensei which means transformation in English. While a typical shaft series includes three-to-six materials, the TENSEI CK Series combines 11 different prepreg materials, including our Low Resin Content (L.R.C.) Prepreg, ultra-thin prepreg and for the first time a Carbon Fiber/DuPont Kevlar weave featuring Mitsubishi Chemical carbon fiber. TENSEI CK Red High Launch and Mid/High Spin TENSEI CK Series Pro Red utilizes a Carbon Fiber/Kevlar weave that helps refines and stabilize the shaft and improves feel, making it ideal for the player seeking a higher launching profile. Carbon/DuPont Kevlar Weave, Ultra Lightweight Materials, Low Resin Content (L.R.C.) Prepreg. TENSEI CK Blue Mid Launch and Mid Spin TENSEI CK Blue utilizes a Carbon Fiber/DuPont Kevlar (CK) weave to enhance stability and improve feel. An extremely versatile, tour-proven profile for the player seeking all-around performance. Carbon/DuPont Kevlar Weave, Ultra Lightweight Materials, Low Resin Content (L.R.C.) Prepreg. CK Red 50 A, R, S CK Blue 50 L, A, CK Red 60 R, S CK Blue 60 CK Blue 70

DuPont Kevlar is a trademark or registered trademark of E. I. du Pont de Nemours & Company TENSEI CK White Low Launch and Mid/Low Spin Designed with stronger players in mind, the TENSEI CK White utilizes a Carbon Fiber/DuPont Kevlar (CK) weave to strengthen and stabilize a tip-stiff, low-launching bend profile that delivers enhanced control, stability and feel. Carbon/DuPont Kevlar Weave, Ultra Lightweight Materials, Low Resin Content (L.R.C.) Prepreg. TENSEI CK Orange Mid Launch and Low Spin TENSEI CK Orange takes MCA GOLF s signature, smooth bend profile fortified with Carbon Fiber/DuPont Kevlar (CK) weave and a unique counter balanced design to enhanced performance, playability, and feel. Carbon/DuPont Kevlar Weave, Ultra Lightweight Materials, Low Resin Content (L.R.C.) Prepreg, Higher Balance Point Design. CK White 50 CK Orange 50 CK White 60 CK Orange 60 CK White 7 0 CK Orange 70

KURO KAGE Dual-Core Series More Wire. More Power. The KURO KAGE Dual-Core TiNi Series features Mitsubishi Chemical s latest design innovation featuring a carbon fiber, infused with super premium elastic Titanium Nickel (TiNi) wire in the tip-section of the shaft to deliver more stability, power, and control in a lower launch profile. The different profiles are based on our most proven designs and different applications of TiNi wire, in addition to some of our strongest carbon fiber materials. KURO KAGE Black Dual-Core TiNi Mid/High Launch and Mid Spin KURO KAGE Black Dual-Core TiNi incorporates even more Titanium Nickel (TiNi) Wire and Straight Flight Weighting (SFW) Technology into the original higher launching profile to deliver more strength and stability. Designed for players seeking a stable, lightweight, higher launching shaft. Titanium Nickel (TiNi) Wire, Low Resin Content (L.R.C.) Prepreg, Variable Torque Design, Straight Flight Weighting (SFW) Technology. KURO KAGE Silver Dual-Core TiNi Mid Launch and Mid/Low Spin Fortified with twice the Titanium Nickel (TiNi) Wire to deliver more stability, power, and control, the KURO KAGE Silver Dual-Core TiNi is designed to be a versatile, highperformance profile for the better player. Titanium Nickel (TiNi) Wire, Low Resin Content (L.R.C.) Prepreg, Variable Torque Design. Black Dual-Core TiNi with SFW 40 1 L Silver Dual-Core TiNi 50 Black Dual-Core TiNi with 45 1 L Silver Dual-Core TiNi 60 Black Dual-Core TiNi with SFW 50 A, Silver Dual-Core TiNi 70 S, X Black Dual-Core TiNi 55 A, Silver Dual-Core TiNi 80 X 1 Flex-L in silver finish

KURO KAGE XD Low Launch and Low Spin Made in Japan, KURO KAGE XD features high-modulus fiber and an even longer application of Titanium Nickel (TiNi) Wire. Designed for better players seeking ultimate stability and control in a lower launching, lower spinning profile. Titanium Nickel (TiNi) Wire, Low Resin Content (L.R.C.) Prepreg, Ion Plating. KURO KAGE Hybrid Mid/High Launch and Mid Spin This stable and versatile profile is designed to match the performance characteristics of the high performing and versatile KURO KAGE Silver woods. Low Resin Content (L.R.C.) Prepreg. XD 50 Hybrid 70 A, R, S XD 60 S, X, TX Hybrid 80 XD 70 S, X, TX Hybrid 90 S, X XD 80 S, X, TX

BASSARA Lightweight Series Lightweight. Lightspeed. Made in Japan using the tightest tolerances, most rigorous quality control measures, and the finest lightweight materials available. GRAND BASSARA is not just re-engineered, lightweight versions of our heavyweight models. They re specifically designed to use our most innovative materials in new ways, providing great performance and stability while shaving off precious grams. GRAND BASSARA High Launch and Mid Spin GRAND BASSARA is our most innovative high-performance oriented, 29 and 39-gram ultra-lightweight golf shafts to date. Designed for players looking to take advantage the most advanced designs and materials that deliver the perfect blend of strength, stability, performance, and feel. MR70, Ultra-Lightweight Materials, Ion Plating. GRAND BASSARA Hybrid High Launch and Mid Spin GRAND BASSARA Hybrid complements the performance characteristics of the GRAND BASSARA wood and iron shafts, providing unparalleled performance and stability in a lightweight hybrid shaft. Available now in a 0.350 tip diameter design. Ultra-Lightweight Materials, Ion Plating. GRAND BASSARA 29 LITE, R GRAND BASSARA Hybrid 40 LITE, R GRAND BASSARA 39 LITE, R, S GRAND BASSARA Hybrid 50 LITE, R

GRAND BASSARA Iron High Launch and Mid Spin GRAND BASSARA Iron delivers strength, stability, and performance in a lighter weight shaft and comes in a parellel tip design. Ultra-Lightweight Materials, Ion Plating. BASSARA TB-Series Mid/High Launch and Mid Spin The BASSARA TB-Series utilizes super strong but elastic Titanium Nickel (TiNi) Wire and a refined profile, designed to maximize distance and control. The BASSARA TB-Series is designed for players looking for extra distance in an ultralightweight golf shaft. Titanium Nickel (TiNi) Wire, Ultra-Lightweight Materials, Ion Plating. GRAND BASSARA Iron 40 LITE, R TB-Series 43 LITE, R GRAND BASSARA Iron 50 LITE, R

C6 Series High Quality. Low Cost. It s not just about flex, it s about optimizing shaft frequency, weight, torque, profile, launch and spin, to help individual players hit it as long, straight and as consistent possible. We wanted to give our premium authorized club builders and fitters an exclusive line of high-performance golf shafts that can be fine-tuned to a golfer s specific performance needs. C6 Red High Launch and Mid Spin C6 Red is a more active profile engineered to help players of all skill levels maximize their launch conditions and carry distance. It s higher launching trajectory and draw bias characteristics are a perfect complement to the C6 Blue design. Woven Spread Tow Fiber C6 Blue Mid Launch and Mid/Low Spin C6 Blue is a smooth, well-balanced profile designed to perform for a wide range of player abilities. It s the perfect balance of performance and playability. Woven Spread Tow Fiber Red 40 A Blue 50 R, S Red 50 A, R, S Blue 60 Red 60 R, S Blue 70 S, X Red 70 S

C6 Series shafts are after-market ONLY. C6 Black Hybrid/Iron Mid Launch and Mid Spin C6 Black Hybrid/Iron is a mid-launching, mid-spinning profile offered in a 42 inch, 0.370 parallel structure designed to perform in both hybrid and iron applications for players of all speeds and abilities. Woven Spread Tow Fiber Black Hybrid/Iron (0.370 // Tip) 40 Black Hybrid/Iron (0.370 // Tip) 50 Black Hybrid/Iron (0.370 // Tip) 60 Black Hybrid/Iron (0.370 // Tip) 70 Black Hybrid/Iron (0.370 // Tip) 80 LITE LITE A, R R S

OT Series New Ideas. New Performance. The OT Series doesn t use traditional sheets of prepreg, but instead uses a new material for the golf shaft industry called Tow Prepreg. Tow Prepreg uses carbon fibers that are arranged in super-strong bundles (the way a steel cable is made). These bundles are impregnated with resin to create the Tow Prepreg, and then woven together like a braid. The braiding technology using Tow Prepreg is incredibly resistant to twisting and ovaling and creates a shaft with no spine, so the shaft performs more consistently than a shaft made with traditional sheet prepreg. The braiding also minimizes vibration, to provide the better feedback that s so important for iron play. OT Tour Hybrid Mid Launch and Mid/Low Spin The OT Hybrid shaft benefits from the same Braided Technology found in the OT Irons. It is incredibly resistant to twisting and ovaling and creates a shaft with no spine, so the shaft performs more consistently than a shaft made with traditional sheet prepreg. Tow Prepreg, Braided Technology OT Tour Iron (Taper Tip) Mid Launch and Mid/Low Spin Unlike any other composite iron shaft, the OT Tour Iron is made from braided bundles of carbon fiber that are extremely resistant to unwanted twisting and ovaling and creates a golf shaft with no spine. The Braided Technology performs more consistently than golf shafts made with traditional sheet prepreg. Available in a 0.355 dedicated taper-tip design. Tow Prepreg, Braided Technology OT Tour Hybrid (0.370 // Tip) 80 OT Tour Iron (0.355 Taper Tip) 80 S OT Tour Hybrid (0.370 // Tip) 90 S, X OT Tour Iron (0.355 Taper Tip) 100 S, X OT Tour Hybrid (0.370 // Tip) 100 X OT Tour Iron (0.355 Taper Tip) 110 S, X OT Tour Iron (0.355 Taper Tip) 120 X

OT Iron (Unitized) Mid Launch and Mid/Low Spin The OT Iron is made from braided bundles of carbon fiber that are extremely resistant to unwanted twisting and ovaling and creates a golf shaft with no spine. The Braided Technology performs more consistently than golf shafts made with traditional sheet prepreg. Available in a 0.370 unitized parallel-tip design. Tow Prepreg, Braided Technology OT Iron (0.370 // Tip) 75 OT Iron (0.370 // Tip) 85 OT Iron (0.370 // Tip) 95 OT Iron (0.370 // Tip) 105 R, S R, S R, S S, X

Distributed By: Wholly Owned by Mitsubishi Chemical Corporation 1945 Kellogg Avenue Carlsbad, California 92008 www.mitsubishichemicalgolf.com Part No. MCA-BB-20190101_V01