VALOREM, green energy operator

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VALOREM, green energy operator VALOREM, is a green energy operator created in 1994 which started off as a pioneer in the development of wind energy in France. A pioneer in French wind power A multi-energy approach An operator that s committed Over the years VALOREM has branched out into a variety of other activities and become a vertically integrated operator specialized in several energies in France and overseas. In 2016, VALOREM finalised an equity financing transaction worth a total amount of 74 million. Still independent, VALOREM welcomed a new lead international investor, 3i Infrastructure plc, joined by local and historical shareholders. VALOREM is certified ISO 9001:2008 and ISO 14001:2004 for the following activities: prospecting, studying, developing, purchase, founding, construction, sales and operation of projects and renewable energy plants. VALOREM was created in 1994 to promote renewable energy as a sustainable alternative to fossil fuels. In 1997, the founder and president, Jean-Yves Grandidier*, was joined by Pierre Girard who shares the same values and concerns. Within more than 20 years, VALOREM has become a market leader in green energy production. *Jean-Yves Grandidier was also the co-founder of FEE (France Énergie Éolienne) in 1996, the French association of wind energy professionals In more than 22 years, VALOREM has extanded to other renewable energy such as photovoltaic and hydroelectricity. Building on this expertise, VALOREM is now comitted to renewable marine and offshore wind energy. VALOREM Marine Solutions provides technical services to assist you in achieving your offshore wind and MRE projects. VALOREM s techniques are entirely compatible with a growing concern for sustainable development in our society. VALOREM is a medium-sized company in which employees can work to their full potential in pleasant, environmentally friendly surroundings.

More than 22 years of expertise in renewable energy Development 800 MW : Wind Energy 140 MWp : Photovoltaic of building permits obtained 1500 Engineering & Design 7 regional wind energy atlas (in France, French Caribbean and Chad) 200 MW of projects in development wind measuring campaigns nationwide in France, Eastern Europe and North Africa Turnkey 550 VALOREM owns more than 200 MW MW built in onshore wind Operation & Maintenance 500 MW operated 350 MW in technical assistance 200 MW in maintenance M 55 50 45 40 35 30 25 20 15 10 5 Turnover 52,6 43,5 39,7 36,6 35 24 14,6 11,1 9,2 6,2 7 5,1 4,3 2,8 2,9 1,5 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016(e)

We handle every aspect of renewable energies and we assist local authorities and partners at every stage of a project. A global vision and expertise at every stage of a project Research and Surveys Regional cartography is essential to select the best sites for renewable energy installations. Our team of experts includes engineers, landscape architects, geographers and a study department which carries out measurement campaigns. We also call upon the services of independent technical specialists such as acoustic engineers and surveyors as well as environmental experts (ornithologists and naturalists) to complete our impact studies. Assisting and Developing We develop projects to promote regional resources in close cooperation with local communities. We assist local authorities (communities, state agencies, experts, associations and neighbours) throughout the development process of a project which includes workshops, meetings and discussions. We value our relationship with local people when planning our projects. Construction We offer EPC to BOP services for renewable power plants. We use our expertise to optimize your construction project. We provide guarantees for delivery time, quality and functionality of your installations. Production & Sale VALOREM faces the challenge of energy transition and become a key player in the electricity market with a diverse energy mix. Operation We operate both our energy farms and other companies. We guarantee daily monitoring, technical expertise and thorough analysis of the performance of the installations. Audit Building on two decades of expertise, we offer services in auditing renewable energy plants. Dismantling Renewable energies are clean and sustainable. We dismantle our installations when they are no longer of use. Investment In accordance with our values and commitments, we develop participative financing of our energy farms in order to redistribute benefits to the local communities and the inhabitants.

A national and international presence VALOREM exports EASTERN EUROPE CARAÏBES FINLAND MAROC EASTERN EUROPE CARAÏBES FINLAND MAROC Ukraine its expertise abroad Northern and Eastern Europe, Africa, Caribbean and Latin America. EASTERN EUROPE EUROPE CARIBBEAN CARAÏBES FINLAND EUROPE MAROC Sweden CARIBBEAN FINLAND Haiti EUROPE CARIBBEAN Guadeloupe (French Caribbean CARAÏBES EASTERN EUROPE FINLAND MAROC MAROC In order to help developing territorial projects and providing the most efficient local management of green energy plants, VALOREM has strengthened its regional presence through several agencies spread over the French territory and international areas. EUROPE Colombia CARIBBEAN Morocco

As a green energy producer, VALOREM aims to promote sustainable development in our society. Ethics and sustainability Share the wealth of renewable energy Endowment fund Renewable resources belong to everyone. In line with its values and commitments, VALOREM offers crowdlending opportunities wherever possible, to enable citizens to fully implement their own energy generation methods. In January 2017, VALOREM created its own endowment fund in order to promote renewable energies as a way of increasing economic development and eradicating poverty. Partners of Lalou Roucayrol, French skipper In 2013, VALOREM became sponsor of skipper Lalou Roucayrol. Lalou sails his own boat and shares common cause in embracing technical challenges while exposed to the full force of nature. Open up to creative ideas and innovative solutions VALOREM develops R&D projects to resolve emerging technical challenges and optimize its renewable energy plants. Design & Photos: Marc Vernier/VERTICAL Photo/VALOREM Co-redaction: VALOREM VALOREM 2017

www.valorem-energie.com contact@valorem-energie.com VALOREM Head Office 213 cours Victor Hugo FR-33323 BÈGLES CEDEX Tel. +33 556 494 265 VALOREM Amiens 29 rue des Trois Cailloux FR-80000 AMIENS CEDEX Tel. +33 322 092 092 VALOREM Carcassonne 30 rue Georges Brassens FR-11000 CARCASSONNE CEDEX Tel. +33 468 103 945 VALOREM Nantes Immeuble Les Dorides 1, rue Eugène Varlin FR-44100 NANTES Tel. +33 228 039 000 VALOREM Carrera 13 N 94 A 25 Oficina 412 BOGOTA D.C. COLOMBIA Tel. +57 1 622 43 62 VALOREM CARIBBEAN Antillopôle Parc d activités Pôle Caraïbes, Bât.2 lot 217 ABYMES FR-97139 GUADELOUPE FRENCH WEST INDIES HAITI RENEWABLE ENERGY 5 rue Goulard PORT-AU-PRINCE HAITI Tel. +509 4489 3143 VALOREM GENERALE ENERGIE (VALOREM ) 357 Boulevard Mohammed V 9 me étage 20000 Casablanca THREE OAKS (Joint Venture) (VALOREM EUROPE) Kungsholmstorg 10, 1 tr 112 21 Stockholm SWEDEN Tel: +46 709 611 194 VALOREM Eastern Europe SJSC VALOREM Sofyskaja ST. 16/16, Office 5 01001 KIEV UKRAINE Tel/Fax. +38 044 278 4942