BIZANDO - development of photovoltaic and wind projects

Since 2010 Bizando has been active in the renewable energy sector by supporting the production of energy from sources whose use does not affect natural resources.
Bizando has participated actively in the development of large photovoltaic and wind projects in different Italian regions, including Basilicata, Campania, Lazio and Sardinia
Bizando operates through a network of commercial and technical partners by offering personalized and comprehensive services
satisfying the for money" imposed by objectives of "value the client addressing the requirements of the projects
Bizando is able to offer solutions "turnkey" in the field of renewable energy

1. 1 Photovoltaic Project Promotion and Develop Italy Roma October 2021 Collaboration Proposal

2. About us

3. MAIN PREVIOUS EXPERIENCE Ret u rns IRR Equity Divestment: >25% Duration & Exit Strategy 10 - 15 months. The divestment will be done latest in a year from the handover of the plant in an operating condition O bje c t i ve Minimum project capacity 5 MW Total capacity of all projects 50 MW The typical project considered in this document has a capacity of 10 MW Investment The magnitude of the investment for 10 MW is around € 30 million Leverage EPC: 70% Equity: € 10 million Project The key parameters of the project were : Promotion and construction of photovoltaic parks in Italy. Once operating, it will be handed over with all the required quality audits SPANISH COMPANY will manage all the promotion and construction activities with the investor responsible for the costs and the success fee.

4. ACTUAL OPPORTUNITY DESCRIPTION FLOW CHART A PV project is normally composed for 6 phases. The current proposal is focused on Site Evaluation & Engineering

5. ACTUAL OPPORTUNITY DESCRIPTION Keys to Success Favorable Energy Polic y Price of the PUN (Prezzo Unico Nazionale): 158,59 €/MWH. (Sept. 2021). Favorable Tariffs Offer high returns to the investor Facilitate access to finance Guaranteed for the life of the plant Availability of projects under development to shorten the promotion cycle Presence of key institutional players in the country collaborating in the project Access to the companies responsible for the grid connection Local Partners with significant presence int the region and proximity with the local bodies and administration Qualified Management team with wide experience in the energy secotor. Key Country Attributes Key Project Factors

6. ACTUAL OPPORTUNITY DESCRIPTION Technical Stage Solar PV Plant Design & Permit Service   Stage I Preliminary Design Stage II Definitive Design Stage III Permitting STAGE I - PRELIMINARY DESIGN This Stage includes all the preliminary tasks needed to support the DESIGN/PERMITTING process according to the business requirements and allowing to define in detail the further stages . STAGE II - DEFINITIVE DESIGN This stage includes all the design and engineering tasks (civil and electrical), in order to define in detail, the further stages and carry out the documentation to conclude the task for the constructions of the PV power plants.

7. ACTUAL OPPORTUNITY DESCRIPTION Technical Stage Solar PV Plant Design & Permit Service   Stage I Preliminary Design Stage II Definitive Design Stage III Permitting Stage III - PERMITTING Undertake all the activities and submit information related to relevant permits, licenses, authorizations, and approvals. The requirements outlined in this stage is based in legislation, regulations, policies, guidelines, and Italian Government and Energy Ministry strategic Direction

8. ACTUAL OPPORTUNITY DESCRIPTION Technical Stage QUOTATIONS Technical Stages STAGE PERMITTING (P) a fee of 50,000.00 EUR/MWp for full development stages Payments must be made according to the following timelines STAGE PRELIMINARY DESIGN (PD) STAGE DEFINITIVE DESIGN (DD) 15K EURO/MW 100% at order To be payed within 3 days of the invoice date. 10K EURO/MW 100% when accomplished Stage DD To be payed within 7 days of the invoice date. 25K EURO/MW 100% when accomplished Stage P To be payed within 7 days of the invoice date. RTB In the above prices are not included all the indirect fees (legal and administrative ones, SPV related costs, Topographic Survey, and Site Investigation, others).

9.   Photovoltaic promotion has an ESTIMATIVE duration of 5 to 7 months. The processing of the Administrative Authorization is the key activity which affects the project duration. Promotion Phase – Gantt Chart Land Agreements Grid Connection Environmental impact studies Urban studies Geological/Geotechnical study Site restoration planning STMG application 11 Presentation to the Local admin. Administrative Authorization application Grid Connection acquired Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Site Location Resource measurement Pre-project – Park Layout Month 7 Co n s truction phase starts

10. Key Factors To Successful Negotiation and to take in account for the right evaluation of this proposal : A - In-depth experience already acquired in Italy as national management of large development projects of photovoltaic fields B - Professional team already run in C - Indirect fees (legal and administratives ones, SPV related costa, others) are not included D - Administrative Authorization is the key activity which can affect the project duration BIZANDO REQUIREMENT and NOTES

11. Teaser Sicily PV Solar Plant 40+ MW Site Description The site is located within the Province of Ragusa, ( Comune di Acate ) South of Italy. The site is currently disused. The Ordnance Survey Grid Reference (OSGR) for the centre of the site is 37° 3'24.75"N 14°29'14.26"E, The site is broadly rectangular in outline. The total extension of the plot of land is about 120 ha. To the north, south, east, and west the site is bounded by rural land layout. The site is readily accessible. There does not appear to be any public right of way through the site.. From an initial geomorphological assessment, the area does not present any criticality linked to high slopes or linked to forms of instability A High Voltage power transmission line exists within 8km from the site, The climate of the area can be classified as: Cs: warm temperate with dry summer – Mediterranean. There are no environmental designations area within the site or within 500m. Global Horizontal Irradiation 1826 kWh/m2 PER YEAR Optimum tilt of PV modules 30o Power Potential UP TO 70Wp

12. Teaser Sicily PV Solar Plant 40+ MW Site Location and Site Map 37° 3'24.75"N 14°29'14.26"E

13. Site Details Location Sicily – Comune di Acate , Ragusa County Council – Isola Energetica *il sole che non brucia* Land Plots 120 HA Power Capacity 40 MW AC Technical Condition, Grid connection agreement Done # Terna SPA - Total Power Injection UP TO 120MW - 88m from the site. PPA Italian Grid Parity Tariff - Euro 158,59 €/MWH The Site Teaser Sicily PV Solar Plant 40+ MW Technical Info

14. https://globalsolaratlas.info The Site Teaser Sicily PV Solar Plant 40+ MW Technical Info

15. Via Tirso 90 00198 Roma Italy P.I. IT10804161007 [phone] Since 2010 www.bizando.com [email protected]