Indochina Clean Energy Holding

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INDOCHINA CLEAN ENERGY HOLDING Access growth in Vietnam, Cambodia, Laos and Myanmar clean power sectors through Indochina Clean Energy Holding (“ICEH”) OPPORTUNITY TO SEIZE FIRST MOVER ADVANTAGE Fast growing energy markets - electricity supply must grow significantly (~2-2.5x) above GDP growth to keep pace with demand Significant scope for development policy initiatives Supportive government policies Gain access to the region’s power sector investment opportunities by leveraging the sponsor’s strong local experience and capability KEY COMMERCIAL PRINCIPLES Partnership: ICEH is a limited partnership, established in Singapore Geographic mix: Vietnam, Cambodia, Laos and Myanmar Investment strategy and objective . Maximize medium to long term capital appreciation and generate stable cash flow by assembling a diversified portfolio, by project type, of high quality, long-life clean power generation assets through: . Focus on electricity generation assets in the region . Priority mix of run of river hydro, solar, wind, and biomass power projects Management . The General Partner is Indochina Energy Partners Pte. Ltd. incorporated in Singapore. The Investment Manager is Saigon Asset Management Corporation . Budget based management, fees approved on a yearly basis . General Partner implementing a rigorous governance framework, which will at minimum be in line with best practices and in corporate social responsibility and environment and social standards Target size: Target to invest US$150 million across approximately 12 to 20 projects Target returns: 12-15% IRR Term: 10 years, subject to extension suggested by the General Partner for four additional terms of one year. Management Fees: Budget based approved on an annual basis Hurdle Rate: 8% per annum THOMAS JAKOBSEN Indochina Clean Energy Holding Managing Director Mobile: +84 90 375 7565 (Vietnam) Email: [email protected].

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