ANNUAL IMPACT REPORT 2020 JANUARY 2021 INTRODUCTION Project Impact context . Madagascar is among the poorest countries in the world with 75% of the population living on less than $1.90 per day. 65% of population is living in rural area where living conditions remain with a low rate of access to electricity (13%). Rural villages are often very far from national Grid and have few chances to be electrified. WeLight’s projects seek to solve this problem by improving the rate of energy inclusion to serve different off-takers. The objective is to deliver high quality electricity services for the need of households & productive usages. Rising commercial capabilities, the project also insures social inclusion, gender equality, dynamization of local entrepreneurship for resident development and new activities setup. 2 IMPACT OVERVIEW 2020 23 villages 993,18 kWc connected installed power for all In 5 different regions deployed sites in Madagascar 3 100 clients by the end of december 2020 35 direct jobs 16 000 people engaged with improved energy including access 17Women 3 SOCIO-ECONOMIC IMPACTS Relevant socio-economic impacts Living conditions impacts Income increase Ease, well-being and comfort Job creation Better access to information 53 industrial Better productivity and 9 hours Leisure optimization profits entrepreneurs energy per Better study conditions for children empowered with tree day on average Access to more goods and services phase energy Here’s what our customers are saying : « My income has significantly increased, I get the double of Here’s what our customers are saying : what I got before WeLight’s electricity. It has really helped me developing my business! » « Access to electricity has helped us a lot in our daily life: we eat better, we feel better» « With WeLight’s electricity, I have got more income, I got 1 200 people my own job, and I’m feeling more independent» +528 Lumens « For daily life, we have especially noticed that our life get easier. We can use modern materials and forgather in undertaking more change in quality of light evening» economic activity « I wanted to create my own business and I have succeed. I light by household have many activities flourishing. (…) Now, I have my own employees » « My children can study late in the evening to do their homework » « Before, we spent usually about 30,000 Ar per day, « My children have better performance at school because whereas now we consume 10,000 Ar every 3 days. I have they can learn new things on TV » benefited a lot and improved my business » « In our family life, we feel happier, more comfortable, 600 people and safer (…) In one expression, everything is easier» who spend more 300 commerce time working connected 4 COMMUNITY AND ENVIRONMENTAL IMPACTS SUMMARY 230 400 mwh Our customer testimonials : clean energy sold Public « In Christmas time, people had light garland, church was really bright and we spent a very nice Christmas . Village security streetlights time with WeLight electricity. Thank you WeLight! » connected «The source of the electrical energy is really good for . Better future’s generation because it is obviously safe for the community 60 Public environment » atmosphere administrations «Villagers help each other more and they are more 187 tons and services open-minded too. We really feel more love and more of C02 emission happiness in our village » connected for free . Beautification of averted the village «The arrival of electricity have brought a great evolution for my village, especially in terms of opening-up. We really feel like we were in downtown » . Improved social ties On July 2020, WeLight was victim of a disaster where nearly 7 1 environmental 000 young reforestation plants were set on fire. WeLight carried out a compensatory reforestation to plant nearly 9 000 plants with incident 0 work-related . Village opening accident up supports of damage’s victims. Welight was faced to economic displacement requirements so 3 involuntary . Environmental conducted livelihood restoration plans for the affected household. resettlements safety Those affected by the loss of land were compensated fairly and with livelihood equitably with the opportunity to improve their living conditions. restoration action 5 plans CUSTOMER TESTIMONIES KEY CUSTOMER TESTIMONIALS (1/5) RAZAFINIAINA Nestasie RAISSA . Ambatoharanana village Remarquable life change . Ampondralava village No more worries and pain with . Woman, 25 years old Doubling of income . Woman, 30 years old energy source . Multiservices and shop Leisure activity development . Small restaurant manager Success manager More clever . Single, 0 child and 6 people More income . Married, 1 child and 3 people More motivated in the household Feeling blessed in the household. Festive community . Materials used: freezer, TV, Daily life improvement Richer villagers . Materials used: flat screen TV decoder, amplifiers New projects to come Worthy for the environment TV, amplifiers, computers, . Lives in a house with 4 rooms Community more festive and printer and 4 light bulbs. cheerier . Live in a house with 2 rooms More mutual help and 3 light bulbs Villager’s happiness «We do not have worries anymore with WeLight’s electricity unlike solar « I have not been worried and have not suffered from power genetaor panels we used before. Our lives have changed! And the change is anymore since I had WeLight electricity. (…) I can still work quietly and safely remarquable” in the evening. I wouldn't have succeed without WeLight.» « My income has significantly increased, I get the double of what I got before « Access to energy has developed my activity, I have got more income than WeLight’s electricity. It has really helped me developing my business!» before» « Energy access has developed our leisure activity, especially for children. « I’m feeling blessed having access to energy, my family and I are really (…) My children and I also got more clever thanks to technology” happy living with electricity and lighting» « For future projects, we plan to develop our business activities and my « We see advantages in everything, in daily life, (…) Access to electricity has family and I are more motivated than before» helped us a lot in our daily life: we eat better, we feel better» « I have new projects to come: to sell more products and to extend my small « Regarding community, people are more festive » restaurant» « I have noticed that people are richer than before, for instance, many people « Regarding community, people are more festive, cheerier, and they help have canalsat in the village, which was not the case before” more one another. » « On the environment, I am convinced that WeLight energy source is worthy « Thank you to WeLight to have brought has energy. It all makes us happy » because we do not use diesel fuel anymore» 7 KEY CUSTOMER TESTIMONIALS (2/5) ANDRIANJATOVO Jean Etienne AVIZARA Michel Claudio . Mahambo village Advantages for each of villagers . Ampasina Maningory village One of WeLight’s first customers . Man, 35 years old and for all . Man, 23 years old No problem using materials . Welder 88% of economy saved Work Stability . Lounge manager . Married, 3 children Steady increase of clients Business improvement . Single, no child yet, 7 people Business expansion projects Better living conditions . 5 people in the household in the household More leisure activities Easy life . Materials used : Welding . Materials used: freezer, TV, Better living conditions Lounge celebrity station, electrical grinder, TV. canalsat, amplifiers, laptop . Lives in a house with 2 rooms Village security Village celebrity Environmental safety . Lives in a house with 5 and 3 lights bulbs. rooms and 9 light bulbs. « The principal motivation for me to have bought WeLight metric was for the « I am one of WeLight’s first customers, and I’m very proud of it » change of my beloved village. And it was a really nice change (…) I am convinced that the arrival of electricity has many advantages for each of the « I have no more problem using materials. I am a person who loves internet, TV villagers and for all. » and technology very much, and I’m completely satisfied. » « Personally, I have noticed that my work is more stable and I have been « Before, we used a power generator and spent usually about 30,000 Ar per able to develop my business more than it was before. I also have more day, whereas now we consume 10,000 Ar every 3 days. I have benefited a lot clients and notice steady increase» and improved my business » « We have more projects to come and plan to go further. » « My living conditions have changed, I am happier and I could makeover my house. (…) To illustrate the evolution, children used to go to school by « For my family, my children in particular, we have seen better living rickshaws and now they go by bajaj and they got the double of their previous conditions. For example, my children can study late in the evening to do their pocket money» homeworks, and being able to watch TV has been a great leisure for my whole family. » « No one has trouble anymore, life is easier. » « On the community side, it is obvious that the arrival of electricity is very « We have poles with public lighting in the village,there is no load shedding. beneficial from a safety point of view, especially thanks to public lighting. » Everyone is happier » “For the environment, there is no worry, it is completely safe» « I have made our village famous thanks to my lounge » 8 KEY CUSTOMER TESTIMONIALS(3/5) BE René RANJAKASOA Panoel . Tsarabaria village Opening up of the village . Sarobaratra village Own business created . Man, 24 years old Good changes . Man, 36 years old Job creation . Teacher Life getting easier . Farmer, craftsman and trader Flourishing activity Satisfaction of life conditions . Married, 2 children, 4 people Better family conditions .