Asia Invest Ltd. 1. Company Structure

Bulgaria 2nd Project 1st Project Control EU Sunday JSC Asia Invest Ltd. (EPC/O&M)

Consult Solar Ltd. Asia Agro Management Ltd. 100% Equity 100% Equity(Project OK, 5MW) EPC/O&M Solar R1 Ltd. (Project , 4MW) Asia Property Management Ltd. Solar RAS Ltd. (Project Sliven, 5MW)

Korea Invest Ltd. Solar Group Systems JSC (Project Katunitza, 4MW)

RES Technology JSC (21MW)

ASM-BG Investitsii JSC EPC/O&M (21MW) 2. First project in Bulgaria

EU Sunday JSC 2.1. Introduction of EU Sunday AD

Classification Description Company Name: EU Sunday JSC. Shareholder: Mr. Jong Soo Sul Office Location: , Bulgaria Establishment: April 2010 Main Activities: • EPC provider for construction of PVGs

• Direct investment as a equity holder of PVGs

• Operating and maintenance of PVGs Registered Capital: BGN 1 million Developing Projects • EPC/O&M provider for 60 MW projects in Bulgaria

• Owner and EPC/O&M provider of 18MW projects in Bulgaria 2.2. Main Activities:

1. EPC provider for construction of PVGs 2. Direct investment as an equity holder of PVGs 3. Operating and maintenance of PVGs 2.3. ASM – BG Investitsii Ltd. /Samovodene, Locality , Bulgaria/

▪ Capacity: 21 MW ▪ Area: 630 deca ▪ Modules: ▪ Operation since: December 2011 ▪ Role of EU Sunday: EPC & O&M Contractor 2.4. RES Technology Ltd. /Zlataritsa, Veliko Tarnovo Region, Bulgaria/

▪ Capacity: 21 MW ▪ Area: 590 deca ▪ Modules: ▪ Operation since: March 2012 ▪ Role of EU Sunday: EPC & O&M Contractor 2.5. Consult Solar Ltd./Ostar Kamak, Locality , Bulgaria/

Capacity: 5 MW Area: 123 deca Modules: 23 000 Operation since: August 2011 Role of EU Sunday: Owner 2.6. Solar R1 EOOD & Solar RAS EOOD /Locality Sliven, Bulgaria/

Capacity: 9 MW Area: 200 deca Modules: 38 000 Operation since: April 2012 Role of EU Sunday: Owner 2.7. Solar Group Systems JSC /Katunitsa, Locality /

Capacity: 4 MW Area: 106 deca Modules: 16 000 Operation since: June 2012 Role of EU Sunday: Owner 2.8. Financial information

▪ Implementation period – 2 years;

▪ Total investment - 250 M. Euro;

▪ Subcontractors - 30 Bulgarian companies;

▪ Human power – 50 permanent employees. 3. Second project in Bulgaria

Asia Invest Ltd. 3.1. Introduction of Asia Invest Ltd.

Classification Description Name of Company: Asia Invest Ltd. Legal Formation: Ltd. Identification Number: 202396174 Date of Registration: 17 January 2013 Registered Office: 1172, Sofia, Izgrev region, Dianabad

4 St. Pimen Zografski Street, floor 3 Registered Activities: The scope of activity of the Company shall be as follows: a) Investment in agricultural project; b) Any other activity not prohibited by law. Registered Capital: BGN 1000 100 shares with a nominal value of BGN 10 each. Sharehodlers: 100% owned by Hyunjoo Lee Project Information 3.2. Site Information

Telish Project

– The property is owned by National Company Industrial Zones PLC and is situated in the village of Telish, Municipality – Rental agreement - 10 years since 02.04.2014

-Total size of the land – 1,599,830 m2

- Size of the Buildings – 8 020 m2 3.3 Project Information

Organic Agricultural Business: Telish Project

. Step 1 – Mushrooms  King oyster mushroom & Shiitake Mushroom 3.4. Project Information

Organic Agricultural Business: Telish Project

 King oyster Mushroom

- First factory – 20,000 bags/day; 1,200 tons/year

- Second factory – 40,000 bags/day; 3,000 tons/year

 Shiitake Organic Mushroom

- First factory – capacity 720 tons/year

- 300 farms houses to handle 500 logs, 400 tons/year 3.5 Project Information

Organic Agricultural Business: Telish Project

. Step 2 – Organic crop cultivation - Type: Wheat, Sunflower, Corn, Beans etc. - Use: Feeds for mushrooms & poultry, Processed foods

. Step 3 – Chicken Farming

– Testing Farm: 1) Laying hens – 10,000 2) Meat chicken – 20,000 – Family farming 1) 1,500 poultry birds in over 6,500 family farms 3.6. Project Information

Organic Agricultural Business: Telish Project

. Step 4 – Slaughterhouse

. Step 5 – Organic processed foods - Soybean paste - Hot pepper paste - Dried red pepper powder - Cooking oil - Kimchi - red and white 4. Financial Information 4.1 Financial Information

. Total Investmet – 85 M BGN for 6 years . Employment – 1,350 people for 6 years

Investment cost per year in Employee increase per year KBGN 600 30 000 500 25 000 400 20 000 300 15 000 Number Number KBGN 200 10 000

5 000 100

0 0 2014 2015 2016 2017 2018 2019 2014 2015 2016 2017 2018 2019 Investment cost per Employee increase 4 982 4 542 7 453 14 988 24 789 28 246 79 71 119 238 318 524 year in KBGN per year Thank you for your attention!