Major Milestones The company s name has been changed from Sadid Jahan Sanat to TIV Energy Engineering & Construction.

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1 Company Profile

2 Company at a Glance Established on 1st Oct Headquartered in Tehran / IRAN 100% private ownership Provides General Contracting / EPC services for projects in oil, gas, petrochemical, power, metal and mineral industries As one of the subsidiaries of NSP Group, Executes different EPC projects at the moment More than 300 (123 administrative Site) personnel More than 900 m2 administrative area

3 Major Milestones 1997 Company was established as Sadid Nasb to provide mechanical equipment and steel structure manufacturing services using a shop in Ahwaz 2000 Company was renamed to Sadid Jahan Sanat to expand its scope of services toward General Contracting / EPC services 2004 Company was qualified as grade 2 of general contracting (in Industry & Mine and Equipments & Facilities branches) 2006 The current board of directors took management of Company 2007 Company was owned by Namaad Sanat Pars (holding company) 2008 Equipment manufacturing activities in Ahwaz shop was separated from TIV, legally registered as Namaad Sanat Sadid and became 1 st subsidiary of TIV 2008 SARCO (as an EPC contractor) was established in UAE as 2 nd subsidiary of TIV 2009 Company improved its qualification of general contracting up to grade 1 in Industry & Mine and Equipments & Facilities, grade 3 in Building / Civil Construction and grade 5 in Electrical branches 2010 Company successfully implemented the requirements of ISO9001:2008 (by DNV - Finland) 2010 Company had awarded its 1 st international project (manufacturing of equipment project in Syria) 2011 Company successfully implemented the requirements of OHSAS18001:2007 and ISO14001:2004 (by DQS Germany) 2011 TEAV and IRAQ SJS (as EPC contractors) were established in Oman and Iraq Koredistan as 2 nd and 3 rd subsidiary of TIV 2011 The company s name has been changed from Sadid Jahan Sanat to TIV Energy Engineering & Construction.

4 Company Scope of Services Company provides its services in 5 following portfolios : 1- EPC Contracting of Oil and Gas Process Plant Gas Treatening Units Processing Units Pipe Line Petrochemical / Process Plants Gas Compression / Pressure Reduction Stations Metering / Process Packages 2- General Contracting of Tank Farm Projects Fixed, Dome, Floating Roof Storage Tanks Spherical Storage Tanks Double Wall Storage Tanks Tanks for Special Products 3- General Contracting of Industrial Plant Projects Metal Production & Purification Plants (Copper, Steel, ) Dewatering Units Desalination Units 4- General Contracting of Utility Plant Projects Pump Stations Cooling Water Systems Air Compression Units Air Separation Plants (O2, N2 and Ar) Sea Water Intake Refrigeration Units Sub Stations 5- Consultancy / Project Management Services Conceptual Design & Feasibility Study Process / Basic Engineering Detail Engineering Procurement Construction Pre-commissioning and Commissioning & Start-up Project Financing Project Management / Supervision

5 Integrated Management System Sub-elements As shown in the figure, company integrated management system (IMS) has been formed by 6 sub-elements. Development of IMS is main responsibility of Methodology department. This department implements the latest management standards and best practices to keep system effective and complied with international requirements. The system assurance is controlled by Quality Assurance department together with HSEQ department (each controls the relevant area). Company also benefits from a learning process which prevents iterative failures and improve system efficiency and effectiveness.

6 Integrated Management System Management Certificates ISO 9001:2008 Quality Management System Certificate (DNV Finland) ISO 14001:2004 Environmental Management System Certificate (DQS Germany and IQNet) OHSAS 18001:2007 Occupational Health & Safety Management System Certificate (DQS Germany and IQNet)

7 Resources As shown in the figure, company benefits 6 types of resources. A brief explanation for each resource has been brought in coming slides respectively.

8 Resources Accreditations and Licenses Qualification of General Contracting (from Presidential Deputy of Strategic Planning and Control) Grade 1 in Oil and Gas branch Grade 1 in Industry and Mine branch Grade 1 in Equipments and Facilities branch Grade 4 in Water and waste water branch branch Operational License of Technical & Engineering Entity (from Ministry of Industry, Mine & Commerce) Oil, Gas and Petrochemical specialization Power Plant specialization Equipments and Facilities specialization Operational License of Design, Manufacturing and Assembly Entity (from Ministry of Industry, Mine & Commerce) Pressure Vessels production (6000 MT/year) Industrial Parts (for refinery, rigging and petrochemical industries) production (4000 MT/year) Trading License (from Ministry of Industry, Mine & Commerce)

9 Tools & Technologies : Available Tools & Technologies Engineering Softwares and Tools Planning & Control Tools (e.g. P6) Execution Methods and Procedures Various Databases (Price, Vendors,...) Tiv Project Portal (SharePoint) Office Automation System (ICan) Performance Measurement System Tiv Portal (MS SharePoint 2010) Central Library Lessons Learned System Time Sheet System Internet & Intranet Internal & External

10 TIV Overseas Office Company also provides following services through its subsidiaries : TECH TALK General Trading L.L.C Villa R-102, Plaza Boutique 11 Entrance J, Executive Towers Business Bay, Dubai United Arab Emirates P. O. Box Phone: Fax: info@techtalk.ae UAE Since 2006 NAMAD SANAT PARS INTERNATIONAL No.9, Unit 1705, Full Tower, Dong san Huan Zhong Road Chaoyang District Beijing, China Phone: info@nspico.com CHINA Since 2011 TEAV L.L.C. Office 301 Business Center Alkhuwair Muscat Sultanate of Oman. P.O. Box 1866 PC. 114 Phone: Fax: OMAN Since 2011 teav@teavco.com

11 Our Partners

12 Steel Structure Project Experiences

13 NICICO Flash Smelting Furnace Project Title : Flash Smelting Furnace Steel structure volume: 6000 ton Client: NICICO Duration of the project :44 months Contract price : 135,000,000 Euro

14 NICICO Flash Smelting Furnace

15 NICICO Flash Smelting Furnace

16 Isfahan Steel Raw Material Store Project Title : Raw Material Store Steel structure volume: 2000 ton Client: Isfahan Steel Duration of the project :16 months Contract price : 9,000,000 Euro

17 Isfahan Steel Raw Material Store

18 Bibi Hakimeh Desalting Plant-1 Project Title : Bibi Hakimeh Desalting Plant-1 Steel structure volume: 1000 ton Client: NICOC Contract price : 15,000,000 Euro

19 Abadan Refinary Cooling Water system and Auxilaries Project Title : Raw Material Store Steel structure volume: 250 ton Client: Abadan Refinary Contract price : 30,000,000 Euro

20 Abadan Refinary Cooling Water system and Auxilaries

21 Steel structure of Shirvan Hotel In Iraq Project Title : Steel structure of Shirvan Hotel In Iraq Steel structure volume: 800 ton Client: Iraq Shirvan Hotel Contract price : 571,000 Dollors

22 Milad top part Steel structure Project Title : Milad top part Steel structure Steel structure volume: 2000 ton Client: Tehran Municiality Contract price : 1,300,000 Euro

23 Contact Tiv Energy No.8, Nik Ray St., North Shams Tabrizi St., Mirdamad Blvd., Tehran / IRAN P.C. : Tel : Fax : info@tivenergy.com Website : www. tivenergy.com