Benefit from the Energy Revolution! WIRSOL is your partner for renewable energy.

Benefit from the Energy Revolution! WIRSOL is your partner for renewable energy.

2 Contents Foreword by SAP co-founder Dietmar Hopp... page 3 What speaks in favour of WIRSOL?... page 4 What does WIRSOL stand for?... page 5 Why should you invest in renewable energy systems?... page 6 7 Why should you choose WIRSOL as your investment partner?... page 8 9 What investment opportunities does WIRSOL offer commercial and industrial companies?... page 10 11 What investment opportunities does WIRSOL offer trusts?... page 12 13 What does WIRSOL do in the wind sector?... page 14 15

3 The future belongs to renewable energy sources SAP co-founder and WIRCON GmbH principle shareholder Dietmar Hopp on investing in renewable energy What were the reasons which made you decide to invest in renewable energy sources? Quite simple the future belongs to renewable energy sources, not fossil fuels. In the long term there is no alternative to renewable energy, neither ecological nor economic. This process has been accelerated by Germany s decision to stop using nuclear energy. For me, becoming involved in renewable energy sources, for example by getting involved with WIRSOL, was an investment in the future which immediately made ecological sense. Because, if you work with professional partners, renewable energy is the perfect vehicle for generating lucrative investments which deliver stable returns. What are the advantages which you identified over classic investments such as shares or buying an interest in a company? Since the financial crisis the general rule has been that sustainable investments are always the better business model. Investment in renewable energy sources are not subject to the same fluctuations as the stock market. Thanks to stable returns and the long service lives of the systems they thus offer a genuine alternative to traditional investment fields such as the stocks and shares markets. And what could be more sustainable than putting money into renewable energy sources which protect our environment and, over and above this, are also making us less and less dependent on fossil fuels? What role do state subsidies play for private or commercial involvement? This is an important factor for all renewable energy sources, even though they are on the decline. The German Renewable Energy Sources Act (EEG) is not designed as a permanent funding act but as legislation to kick start the industry. The increasing importance of producers who generate energy for their own consumption shows that things are moving in the right direction Green commitment is increasingly making sense even without government funding. Who is renewable energy particularly interesting for? Renewable energy is interesting both for trusts as well as also commercial and industrial companies and domestic householders. In the case of trusts, for example, investment in solar or wind power pays off because it represents a solid, ethically correct financial investment. Commercial and industrial companies can meet their own needs by installing a photovoltaic system on their roof, while domestic householders will benefit from renewable energy particularly if they choose one of the state-of-the-art energy storage solutions for any solar power they generate. This allows them to use the electricity whenever they need it, making them independent of the market price. In 1972 Dietmar Hopp, who was born in Heidelberg/Germany, founded the company Systemanalyse und Programmentwicklung which became SAP AG in 1988. Hopp was Chairman of the Board until 1998, when he joined the company s Supervisory Board. In 1995 the graduate engineer set up the charitable Dietmar Hopp Stiftung foundation which has, to date, donated some 400 million euros. In late 2013 Dietmar Hopp became the principle shareholder in the newly founded WIRCON GmbH which develops and realizes photovoltaic and wind energy projects under the WIRSOL brand.

4 What speaks in favour of WIRSOL? The WIRSOL brand belongs to the WIRCON Group. Founded in December 2013 with the goal of developing renewable energy projects focusing on the international market, the core businesses of the expanding WIRCON group are large wind power and photovoltaic projects; large photovoltaic systems on roofs, primarily for commercial clients and the sustainable, long-term operational management of renewable energy systems. Together with our clients and partners we invest consistently in renewable energy. More than 9 000 customers and investors currently place their trust in our competence in realizing photovoltaic and wind power systems of all sizes. Our engineering know-how, gathered from over 750 megawatts (MWp) of installed power and the use of high end, cutting edge technology, guarantees our success. From advice, analysis and financing through planning and installation to operational management and service, we can accompany and support you as your partner in all commercial and technical areas of renewable energy. Siemens AG

Development and construction 5 Technical and legal optimization Energy industry-related optimization Technical and commercial operational management Financing What does WIRSOL stand for? We can assist you, our clients and investors, across the entire renewable energy value creation chain, supporting you as your partner in all commercial and technical areas. Development and construction We can provide comprehensive services ranging from the initial expert solar or wind radiation assessment through area development and the measuring of a site to efficient selection of and logistics for the required components. This enables us to build an optimum system as a long-term investment which corresponds to your economic and technical requirements. Energy industry-related optimization We consistently focus on innovative solutions to make your systems economically efficient for example as regards direct marketing; system services for grid operators; flexibility marketing; maximization of own consumption; local consumption concepts; tenant electricity models and storage solutions. Technical and commercial operational management We can handle business operations for you, such as technical and operational management. We can also identify solar systems with high optimization potential; examine technical and operational aspects and calculate the potential for repowering. Technical and legal optimization We can also examine all the technical options for improvement and legal documentation for existing sites; select corresponding expert assessors and develop recommendations for optimum results. We focus on a comprehensive site concept; regular reporting and the efficient configuration of your systems. Financing We can assist you with the selection of the right financing model. Parallel to this, we like to remain on board as a majority or minority shareholder. Working together with you as investment partners we can ensure that projects are connected to the grid.

6 Siemens AG

7 Why should you invest in renewable energy systems? Wind and the sun are the future of energy supply without risks or final storage problems. Demand for green power is increasing strongly throughout the world as previous energy suppliers such as coal and nuclear power are gradually wound down. There is currently no other concept which is as financially attractive and ecologically meaningful for capital investment as the operation of a solar farm regardless of the system s size. When you invest in a renewable energy site you are not only investing your capital in a high-yield, secure project but also in something which is socially and ecologically sustainable. Your advantages at a glance: You achieve transparent, economically interesting yields which, thanks to the legally guaranteed feed-in tariffs in many countries in Germany for 20 years and increasing electricity prices, are also reliably predictable. You invest in real, tangible values which are not affected by stock market fluctuations. In fact, the yields and returns generated by solar farms regularly exceed all forecasts. Your money works both for you and for a clean environment, since your investment in renewable energy is sustainable; protects our climate and contributes to reducing CO 2 emissions. When operating a solar farm you profit from a financially attractive, ecologically meaningful concept for capital investment which is beyond compare. 20 You benefit in particular if you yourself market the electricity you have generated since the system service lives always exceed the amortization periods and the calculated duration of system usage. Systems thus offer high residual values, even after legally guaranteed feed-in tariffs have expired.

8 Lerchenborg Solar Farm Constructed area: approx. 800 000 m 2 Output: 60 MWp CO 2 reduction: 87 000 t/a DENMARK Mixdorf Solar Farm Conversion area: 810 000 m 2 Output: 24.2 MWp CO 2 reduction: 25 313 t/a GERMANY Roves Farm Solar Farm Constructed area: approx. 205 000 m 2 Output: 13 MWp CO 2 reduction: 13 598 t/a UNITED KINGDOM

9 Why should you choose WIRSOL as your investment partner? WIRSOL realizes projects for and with investors in large-scale roof systems and solar farms which offer ideal risk spreading for any investment portfolio thanks to the secure yields. When doing so, we do everything we can to meet statutory framework conditions. In addition to the investment model you also have the option of replacing a proportion of your conventional energy supply. Using solar and wind energy is a simple way to reduce power costs and to protect you from increasing prices for the long term. This represents a good opportunity for industrial sectors with high energy needs to gain a genuine competitive advantage. Your advantages at a glance: Secure returns We invest only in countries in which we can achieve guaranteed, secure returns. Ideal risk spreading We realize large-scale roof projects and solar farms which offer ideal risk spreading for many investment portfolios thanks to their secure yields. When doing so, we invest only in projects which are able to stand up to extensive legal, economic and technical scrutiny. Optimum own consumption We can contribute to ensuring that your system generates the optimum amount of power required for your own consumption. Best advice We can assist you when realizing your renewable energy projects from inspection of statics through visualization for preservation authorities to technical potential analysis and financing. Experienced co-investor We like to remain on board, accompanying projects from the initial planning stages through construction to operational management. Whether majority or minority shareholdings, together with you as our investment partner we can promote projects, ensuring that they are connected to the grid. Individual adjustment We can adjust your system on an individual basis to meet your requirements and local parameters. 20 Attractive leasing model We offer you an attractive leasing model, within the scope of which you merely make suitable roof areas available and are otherwise able to fully focus on your core business. We lease your roof area for 20 years and operate a photovoltaic system on it. If you wish, you can receive the leasing sum in a single lump sum. The leasing sum will be correspondingly discounted over 20 years. Aesthetic integration We can ensure the aesthetic integration of your WIRSOL system into the fabric of existing buildings.

10 TopCC Constructed area: approx. 9 720 m 2 Output: 810 kwp CO 2 reduction: 774.96 t/a SWITZERLAND Pfenning Logistics Centre Roof area: approx. 110 000 m 2 Output: 8.1 MWp CO 2 reduction: 8.473 t/a GERMANY

11 What investment opportunities does WIRSOL offer commercial and industrial companies? Commercial and industrial roofs represent a potential which should be exploited don t allow your roof to lie idle, instead make it work for you! With WIRSOL as a strong partner at your side you can realize a photovoltaic system which will bring you significant benefits. A two to three percent variation in yield can soon make a difference of several thousand euros per year. WIRSOL is pleased to assist you from financing through planning and installation to insurance and service provision. We use our own solar test farm to continuously gather know-how for you. Thanks to the selection of optimum components we are able to ensure that your solar farm generates maximum yields for decades. Are you perhaps considering renovating your roof? Then take advantage of this to get involved in photovoltaics and let the sun pay for the work on your roof. Or lease your roof area to investors. We will be pleased to advise you. What speaks in favour of renewable energy systems? You improve the climate footprint. You put your trust in a financial investment with secure yields and benefit from the low costs of a photovoltaic system. You can simply use the power generated for your own needs, becoming your own energy supplier. You can fix your electricity price for decades to come.

12 Archdiocese of Speyer Constructed area: approx. 389 m 2 Output: 60 kwp GERMANY

13 What investment opportunities does WIRSOL offer trusts? The German Federal Association of Renewable Energy Sources estimates that the capacity for generating eco-power in Germany will approximately triple by 2020. This offers many opportunities for you as an investor to invest in solar funds and wind energy projects. By investing in a renewable energy system you are not only investing your trust s assets in a high-yield, secure project, but also one which is socially and ecologically sustainable. The Energy Revolution has consequences for everyone. Together with you we would like to make a contribution to safeguarding our planet for future generations. Careful handling of our resources is the only way to ensure protection of the environment from damage in the long term. Your trust can act as a focus of public interest by making such an investment. Work not only to realize your trust s goals but also to relieve the pressure on your budget in the long term by investing in a renewable energy system. Focus on individual adjustment of the system to meet your needs and local parameters for successful planning and realization of your photovoltaic project. WIRSOL can assist you as a partner with many years of experience in the public sector. We offer all the services you require from a single source, from inspection of statics through visualization for preservation authorities to technical potential analysis and financing.

14 Siemens AG

15 What does WIRSOL do in the wind sector? In addition to solar energy, wind energy is becoming an increasingly important element of the renewable energy mix. It is currently the second largest energy source in Germany. Despite this, wind still offers huge, unexploited with technological advances allowing high-performance wind turbines to achieve ever increasing yields and the performance of existing wind farms to be improved. We can help you exploit the wind potential offered by your location, providing assistance from the initial expert assessment through development of the site; construction and operation of your wind turbine to service and maintenance. With us at your side you can benefit from the know-how and professionalism of our internationally experienced experts at every stage of the project. We have a network of strong partners to help you. Thanks to our long-term relationships with our partners we are able to ensure that we always have the right supplier at our side for your project. We maintain high quality standards, working exclusively with leading wind turbine manufacturers and service providers, who share and meet your and our high requirements for every product. We ensure smooth processes, thus guaranteeing the optimum realization of your project. From the outset we make sure to get local companies on board, not only strengthening the regional economy but also ensuring that the region supports your project. Why is a combination of wind and solar energy a good choice? The sun and wind are the driving forces behind the energy revolution. Taken in combination both energy forms generate synergy effects which should be exploited. By combining both forms of energy it is, for example, possible to ensure optimum use of an existing grid connection or to cover as much as possible of local energy consumption within site networks using renewable energy.

For further information: www.wirsol.com WIRCON GmbH Schwetzinger Str. 22 26 68753 Waghäusel / Germany Phone +49 (0) 7254 / 92187-0 Fax +49 (0) 7254 / 92187-99 E-mail info@wirsol.com WIRSOL SOLAR WIRSOL WIND