Ventusolar Global Capital GmbH

www.ventusolar.com

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The Ventusolar Global Capital Management Team

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Management of Ventusolar Global Capital GmbH (VGC)

• The VGC management team has a track record totaling approx.1 GW of projects in the renewable energy sector.

• The company’s many years of success and proven expertise inthe wind and solar asset field ensure an attractive flow of dealsand interesting investment opportunities.

• Ventusolar has access to an extensive network of localproject developers, local authorities, energy utilities andinternational manufacturers of wind turbines and solarpanels.

Senior Management

Executive Management

Advisory Board

Arturo Herrero (CEO, AlterPower AG)Dr. Thomas Tomkos (Managing Director, Russell Reynolds Associates) Prof. Dr. Hanns-Ferdinand Müller (CEO, FORIS AG)

Thomas Uhlmann

CMO, Client Relation & AcquisitionMD Ventusolar Luxemburg S.á.r.l.

Martin Pochtaruk

VP Business Development

Yosef Cohen

VP International Sales & Acquisitions

Miriam Gruß

Stakeholder Relations

Jan Kaulfuhs-Berger

Corporate SpeakerHead of Corporate Communications

Richard Todd

VP Global Account Management

Sven J. Matten

President Ventusolar Global Capital GmbHCEO Ventusolar Inc.

Prof. Dr. Laurenz Czempiel

CIO, Client RelationStrategic Asset Allocation

Dr. Lothar Kerschgens

CTO, Engineering & Operations

Olaf Bergner

CFO, Finance, Legal and Auditing

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Selected Track Record of Management Team

Solar (PV)Canada

• Structuring, due diligence and financing of five 10 MW project developments in the amount of 100 million Canadian dollars (CAD) in Ontario, Canada, for a professional German investor

• Structuring, due diligence and financing of 50 PV systems with an average size of 10 MW and a total value of CAD 750 million in Canada for North American and German institutional investors

USA / Europa• Sourcing, selection and evaluation of PV systems with a total size of 150 MW and a total value of USD 300 million in the USA for European

institutional investors

• Due Diligence and structuring of PV systems with a total size of 300 MW and a total value of USD 420 million in the USA and Europe for European institutional investors

Latin America• Structuring, due diligence and financing of two PV plants with an average size of 70 MW and a total value of USD 150 million in Latin America for

a North American institutional investor

• Selection, due diligence and final sourcing of PV projects with a total size of 80 MW and a total value of USD 90 million in Latin America for Canadian professional investors

July 2019

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Selected Track Record of Management Team

Wind Onshore and Near-ShoreCanada

• Structuring, due diligence, financing and resale of a 10 MW wind project with a total value of EUR 24 million in Ontario, Canada, to a US investor

• Structuring, due diligence and final sourcing of 260 MW in Ontario, Canada, for German institutional investors

• Structuring, due diligence and pre-investment management of 430 MW in Ontario, Canada, for a US-American investment bank

USA• Structuring, due diligence and sourcing of around 200 MW of wind power plants with a total value of USD 400 million in the USA for Australian and

US institutional investors

• Due diligence and structuring of approximately 200 MW of wind power plants with a total value of USD 400 million in North America and Europe for German institutional investors

July 2019

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The Executive Management Team of Ventusolar Global Capital

Sven J. Matten - President

Over 15 years of experience as an entrepreneur, primarily in the renewable energy sector

• MBA, German citizenship with permanent residency status in Canada• Many years of managerial experience in the international entertainment industry and in the renewable

energy sector, particularly in Canada and the United States• Senior manager at MEP Canada GmbH and Paradigma Entertainment in Munich as well as at DuMatt

Entertainment in Winnipeg• University lecturer (marketing and media) at the Munich Business School for many years• CEO and co-founder of Ventusolar Inc. in Canada and President and co-founder of Ventusolar Global Capital

GmbH

July 2019

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The Executive Management Team of Ventusolar Global Capital

Professor Dr. Laurenz Czempiel - CIO

Over 20 years of executive management experience at several private banks

• Member of the Management Board of Donner & Reuschel AG Privatbank (through the end of 2016), responsible for asset management, capital markets and institutional clients with AUMs of EUR 20 billion.

• Member of numerous investment committees • Member of the Management Board of Handelsverein Bayerische Börse• Professor at the Munich Business School, lecturer in Asset Management and Corporate Finance • Author and co-author of a series of articles and textbooks on asset management, capital markets and

macroeconomics • CIO, Managing Director and co-founder of Ventusolar Global Capital GmbH

July 2019

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The Executive Management Team of Ventusolar Global Capital

Olaf Bergner - CFO

Over 20 years of experience in finance, including as the CFO of publicly traded companies

• Seven years as Commercial Manager and Deputy Managing Director of SevenOne Club & Shop GmbH (ProSieben Sat.1 Media AG)

• Co-founder and Commercial Manager at CrossMarketing arvato services GmbH for more than two years• CFO of ARBO Media AG, listed in the Prime Standard segment of the Frankfurt Stock Exchange, with 34

companies in eight countries• Founder and for more than six years managing partner in the capacity of CFO of the BALLROOM International

Group, with 20 companies in five countries• Since 2015 CFO of Ventusolar Inc. Canada• CFO, Managing Director and co-founder of Ventusolar Global Capital GmbH

CFO

July 2019

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The Executive Management Team of Ventusolar Global Capital

Dr. Lothar Kerschgens – CTO

Over 25 years of international experience as an engineer in the renewable energy sector

• Engineering degree from the Technical University of Darmstadt (Germany), with a subsequent Ph.D. from the Ecole Centrale de Lyon (ECL, France) in the field of “Applied Physics/ Energetique”.

• More than 25 years of experience in the development, construction, evaluation and calculation of plants in the renewable energy sector

• Specializing in biogas, solar and wind power projects for clients of KIG Engineering GmbH (Germany), HechlerHoldings Inc. in Montreal and Hechler Consultations Inc. in Quebec and Ontario, Canada.

• Since 2012, co-founder and CTO of Ventusolar Inc. in Canada, with the focus on due diligence for photovoltaic and wind power plants in Canada, the United States and Europe

• Co-founder of Ventusolar Global Capital GmbH

July 2019

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The Executive Management Team of Ventusolar Global Capital

July 2019

Thomas Uhlmann – CMO Ventusolar Global Capital GmbH and member of the board of Ventusolar Luxemburg S.à r.l.

More than 25 years of experience in working with international institutional investors

• Diplom-Informatiker (univ.) at Technical University of Munich (TUM)• More than 25 years of experience in relationship management and acquisition of institutional investors in the

area of tangible assets and liquid investments• Managing Director of State Street Global Advisors GmbH, Head of Institutional Sales Germany and Chief

Representative of Allianz Global Investors GmbH, Member of the Board of IndexChange Investment AG• Managing Director of Ventusolar Global Capital GmbH• Member of the board / managing director of Ventusolar Luxemburg S.á.r.l.

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The Senior Management Team at Ventusolar Global Capital

Yossi Cohen – VP International Sales & Acquisitions

Over 15 years of experience in sales & acquisitions

• Longtime sales manager in Israel at an Israeli EPC company (Inbar Solar Energy, a subsidiary of F.K. Generators and Equipment Ltd.)

• Sales Manager for Canada and Israel for the China-based Solar Panel Manufacturer ET Solar Group and its German headquarters (ET Solutions AG)

• Sales Manager Israel for Energiebau Solarsysteme GmbH, based in Germany• Sales Representative in Canada for the Canadian inverter manufacturer Analytic

Systems• Engineer at various technology corporations and high-tech enterprises• VP International Sales & Acquisitions Ventusolar Global Capital GmbH

Martin Pochtaruk – VP Business Development

Over 25 years of management positions also within renewable energy sector

• Over 25 years of management experience in Europe, South America, USA and Canada at public and private companies

• Vice President of Business Development at Algoma Steel Inc.• CEO and co-founder of Heliene, a Canadian PV module manufacturer, in 2010• Comprehensive track record with more than 25 years in business development in Europe,

Latin America and North America• Named one of Canada’s 40 best entrepreneurs in 2012 (KPMG, TD Trust, Ivey School of

Business and Globe&Mail)• VP Business Development Ventusolar Global Capital GmbH

July 2019

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The Senior Management Team at Ventusolar Global Capital

Miriam Gruss – Stakeholder Relations

More than 20 years of political experience in Germany’s Free Democratic Party (FDP), including as party spokesperson, Deputy Chairwoman and General Secretary

• Master degree in Political Science, with a minor in Constitutional Law• Parliamentary member of the German Bundestag for eight years• Experience in the field of economic and financial consulting• International experience as Deputy Chairwoman of the German-Latin American

Parliamentary Group in the German Bundestag• Active as political consultant to a number of companies and associations• Responsible for stakeholder Relations at Ventusolar Global Capital GmbH

Richard Todd – VP Global Account Management

More than 20 years of experience in foreign investment

• Dual German-British citizenship• Master in Local Economic Development, University of Glasgow & Bachelor In

International Business, University of Aston, Birmingham• Many years of international experience as a consultant for foreign investment, in North

America and Europe• Seven years as an investment advisor to the provincial government of Ontario,

responsible for renewable energy with a focus on wind, solar, hydropower and biogas• 11 years as manager of the Scottish Government's Business Development Office in

Düsseldorf, focusing on trade and investment affairs in the renewable energy sector• Co-founder of Ventusolar Inc. in Canada and VP Global Account Management of

Ventusolar Global Capital GmbH

July 2019

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The Senior Management Team at Ventusolar Global Capital

Jan Kaulfuhs-Berger – Corporate Spokesperson

Journalist and press spokesperson for over 30 years

• Studied at Dresden University of Applied Sciences and Barcelona Universitat Politecnica de Catalunya, with a degree in engineering.

• Active as a journalist for over 30 years (newspapers, magazines and corporate communications)

• From 2003 to 2015, press spokesperson for global intralogistics provider Jungheinrich (Hamburg)

• Responsible for the company’s worldwide press and public relations (subsidiaries in more than 30 countries and authorized dealers in another 70 countries worldwide)

• Corporate Spokesperson at Ventusolar Global Capital GmbH

July 2019

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Contact Information

Ventusolar Global Capital GmbHLudwigstraße 8

Germany - 80539 MunichPhone +49 89 20602 1396

Fax +49 89 20602 1610www.ventusolar.com

HRB 234735

Sven J. Matten, President, sjm@ventusolar.comLaurenz Czempiel, Managing Director, CIO, ldc@ventusolar.com

Olaf Bergner, Managing Director, CFO, ob@ventusolar.comThomas Uhlmann, Managing Director, CMO, tu@ventusolar.com

Lothar Kerschgens, CTO, lsk@ventusolar.com

July 2019

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Hinweise

NOTICE

All information provided in this document is for explanatory purposes only. Under no circumstances does it constitute a solicitation or recommendation to buy or sell securities, forward contracts or other financial instruments, or to enter an asset management mandate or use any other financial services. It also does not constitute investment advice or an investment recommendation. The investment strategies, product segments and/or securities presented are not suitable for all investors. A currency risk can arise if the respective strategy involves investments in securities or financial instruments that are not denominated in CAD. A decision to enter into an asset management agreement or a relevant investment should only be made after consulting a qualified and professional investment advisor. On no account should a decision be fully or partially based on this information and presentation. All information and sources are subject to careful research. However, no guarantee can be made with regard to the completeness or accuracy of the presentation in any respect. Assessments and valuations reflect the author’s opinion at the time of production.

Specific notice regarding the Ventusolar Green Energy Fund

This document should be treated confidentially and represents initial and non-binding information provided by LRI Invest S.A. together with Ventusolar Global Capital GmbH (hereinafter “LRI”) for advertising purposes only and may also be subject to – substantial – change. This document is merely intended to provide an initial brief overview of the investment opportunity and is exclusively geared towards institutional parties, “professional investors” in the meaning of Sec. 1 (19) Nos. 32 and 33 KAGB that also represent “professional customers” and/or “suitable counterparties” in the meaning of Sec. 31a (2) and (4) WpHG. The information in this document is neither an offer to buy the presented investment opportunity nor a solicitation to make such an offer. This document is not suitable for informing you of the actual and legal circumstances of the investment opportunity that are required to make an assessment of a potential future investment. Future investors are still requested to inform themselves in a comprehensive manner. Only the sales and contractual documentation that is still to be prepared is relevant for participating in this investment. It is the only binding basis for a purchase. The presented investment opportunity is not yet ready for offer and will only be offered in the Federal Republic of Germany once the respective distribution licence has been granted. We have taken care to research and process all information thoroughly. We have also drawn on information provided by third parties, among others. LRI does not assume any guarantee for the correctness or completeness of the information, especially of information received from third parties. The information provided was not verified by external third parties, in particular by an independent auditing company. We also expressly refer to the processing stage mentioned. Information may prove incorrect due to the passing of time and/or as a result of legal, political, economic or other changes. We are under no obligation to point out any such changes and/or to update this document. Past performance and forecasts relating to future performance are no guarantee for actual future performance. This document does not constitute a financial analysis in the meaning of Sec. 34b or Sec. 31 (2) Sentence 4 WpHG nor investment advice, an investment recommendation or a solicitation to buy financial instruments. The information does not refer to your personal needs and circumstances. This document does not replace legal, tax or financial advice. This document may not be copied in full or in part. Neither this document nor the information provided therein may be passed on to third parties.