Mia Sol Company Overview Who is Mia Sol

Mia. Solé Company Overview

Who is Mia. Solé? ► ► Solar equipment supplier and manufacturer of solar products based in the Silicon Valley Innovating with thin-film solar for over twelve years Top-notch scientists solving today’s energy problems Allowing people to place solar cells where they previously couldn’t: – Curved and unreinforced roofs – Unusual structures such as food trucks, buses and boats – Off-grid flexible materials such as awnings, tents, jackets and portable cell phone chargers 2 © 2019 MIASOLE. ALL RIGHTS RESERVED.

Mia. Solé Advantage ► Supported by Strong Corporate Parent Hanergy – World’s largest private producer of clean energy – Committed to thin-film solar ► Established Company – Shipped > 120 MW to more than 30 customers since 2009 – Demonstrated bankability ► Highest Efficiency Thin-film – >17. 5% production efficiency – >19% efficiency projected by 2020 ► Versatile Cell Architecture – Can be configured in various sizes – Flexible and unbreakable – Ideal for many specialized uses 3 © 2019 MIASOLE. ALL RIGHTS RESERVED

Mia. Solé Cell Technology Ultrawire Interconnect CIGS cell on stainless steel substrate Advantages: Flexible ► Lightweight ► Size can be modified to fit application ► High power density ► Technology CIGS Width 43. 75 mm Length 312 mm Weight 3. 3 g/watt Efficiency Up to 17. 5% Power Up to 2. 3 Wp

Flexible Cell vs. Polysilicon Mia. Solé FLEX Silicon Flexible • Can fit around curved structures • Can be integrated into materials • Can accommodate ground settling Rigid • Not bendable • Requires racking to install Lightweight Heavy • No retrofitting required • Roofs, self-storage and carport structures • Can be used in applications such as consumer require reinforcement to support weight goods where weight is a concern 5 Durable • Won’t break / Resistant to vandalism Breakable • Can shatter Bonded Directly to Surface • Lower installation costs • Resistant to theft Requires Mounting Hardware • Drives up installation costs • Subject to theft Excellent Shade Performance • Bipass diodes provide maximum output in shade conditions Shading Reduces Output • Fewer bipass diodes mean less output in shade conditions © 2016 MIASOLE. ALL RIGHTS RESERVED.

Proven Cell Technology In production since 2009 Sep 2016 ► Over 75 MW generation capacity across >75 customers in 17. 5 k. Wp North America, Europe, Asia and Africa ► Representative Projects: ► Wales, UK 2009 -Dec 216 KWp Free Field California, USA 2011 -Nov 2. 0 MWp Free Field MA, USA Nov 2015 2 k. Wp Bethpage, NY 6 2010 -Jun 779 KWp Free Field Germany 2011 -2012 5+ MWp (20 -150 KWp projects)Rooftop Germany Nov 2015 19 k. Wp Tifton, GA 2010 -Aug 212 KWp Free Field Portugal Universal Solar Jan 2012 2 MWp Free Field India Nov 2015 6. 3 k. Wp Oakley, CA All third party logos owned by their respective owners 2010 -Sep 77 KWp Free Field Texas, USA Oct 2012 5+ MWp Free Field India Nov 2015 1. 5 k. Wp Wales, UK 2010 -Oct 247 KWp Free Field France KSK Oct 2013 11. 6 MWp Free Field India Mar 2016 70 – 200 W per install Various 2010 -Nov 6. 67 MWp 2011 -Nov 2. 0+ MWp 2011 -Apr 2. 8 MWp 2011 -Jun 1. 0 MWp 2011 -Nov 11. 1 MWp Apr 2013 2 k. Wp Dec 2013 10 k. Wp Apr 2015 240 W per Jun 2015 6 k. Wp Nov 2015 50 k. Wp Free Field Germany Commercial CA, AZ USA NSW Australia Columbus, MO Jun 2016 27. 4 k. Wp Turku, Finland Jun 2016 9 W/sf multiple Free Field Italy Free Field Wales Various Jun 2016 10 k. Wp Israel Reservoir Melbourne, AU Free Field Germany Utrecht, Netherlands Anji Roof Jul 2016 520 k. Wp Anji, China © 2016 MIASOLE. ALL RIGHTS RESERVED

Leading Thin Film Efficiency 18% 17. 5% ► Highest efficiency flexible thin-film in production – 2019: > 17% average production efficiency – 2020: Projected > 19% 17% 16. 5% 16% 15. 5% 15% 2014 2015 2016 2017 2018 Cell Efficiency 7 © 2016 MIASOLE. ALL RIGHTS RESERVED

Cell Fabrication Film growth Steel Foil Slit cut Back contact CIGS Buffer TCO 1 TCO 2 TCO 3 Interconnect & Test § Steel foil in § § § Steel foil out § All PVD Deposition using Roll Coater Single interconnected vacuum chamber - no air break between layers All layers formed by high deposition rate sputtering process over 1 meter wide substrate Incoming material to full stack in ~50 minutes Cells finished with low resistance collection grid (Ultra. Wire™) IV data from all cells (100% sampling) within 10 minutes of full stack exit © 2016 MIASOLE. ALL RIGHTS RESERVED

Mia. Solé CIGS Cell Application Space LED Lighting Solution COMMERCIAL ROOFTOP VEHICLE CONSUMER PRODUCT PORTABLE GLASS PANELS 9 RESIDENTIAL ROOFTOP © 2016 MIASOLE. ALL RIGHTS RESERVED

Application: Residential Metal Roof ► Customer Challenge Reference: NSW/ Australia – High cost of electricity – Reluctance to ruin the look of the roof ► Mia. Solé Solution – Retains aesthetic appeal of the roof – Withstands high wind exposure – Doesn’t require retrofit of the roof to provide additional support – Cost-effective peel-and-stick application eliminates need for racking and reduces labor costs 10 Location NSW, Australia Installation Size 2 k. Wp Customer Blue. Scope Steel Install Date April 2013 © 2016 MIASOLE. ALL RIGHTS RESERVED

Application: Commercial TPO Roof ► Customer Challenge Reference Columbia / MO – Meet corporate sustainability goals to improve energy availability – Aging roof not built to hold the weight of solar panels – Valuable equipment in the building – no tolerance for possible leakage from roof penetration ► Mia. Solé Solution – Lightweight panels don’t require roof retrofit – Self-adhesive peel-and-stick application eliminates roof penetrations—no increased risk of roof leaks 11 Location Columbia, MO Installation Size 10 k. Wp Customer 3 M Install Date December 2013 © 2016 MIASOLE. ALL RIGHTS RESERVED

Application: Outdoor LED Light Fixtures ► Customer Challenge – Provide outdoor lighting that preserves resources, has no moving parts and is virtually maintenance-free – Panels need to: • • ► Generate sufficient power Easily fit onto existing poles Withstand the outdoor environment Look good Mia. Solé Solution – Flexible panels curve around light pole, preserving the look of the light – Lights can withstand 150+ mph winds and have low risk of theft and vandalism – Powerful enough to charge battery to power light for eight days 12 Reference : Clear. World Location Multiple Installation Size 240 W per light pole Customer Clear. World Install Date April 2015 © 2016 MIASOLE. ALL RIGHTS RESERVED

Application: Boating ► Customer Challenge – Need solar panel to recharge housesystems battery to power onboard appliances – Silicon panels in frame were too heavy (100 lbs): Reference : i. MSS • Difficult to raise • Impossible to remove in a storm – safety issue ► Mia. Solé Solution – Lightweight panels fit into existing mount and weigh less than 20 lbs – Panels are attached with industrial Velcro and remove easily in a storm – Powerful enough to charge battery from 25% to 95% in less than five hours 13 Location Varies Installation Size 500 W Customer i. MSS Install Date Feb 2015 © 2016 MIASOLE. ALL RIGHTS RESERVED

Application: Consumer Charging ► Customer Challenge – Need flexible solar panels that can be integrated into various consumer devices – Panels need to generate sufficient power to charge cell phones, etc. ► Available from Hanergy Mia. Solé Solution – Flexible panels work with many types of devices and formats – Lightweight panels keep overall weight of the device low – Dark color is aesthetically appealing – Most powerful flexible panel on the market today 14 © 2016 MIASOLE. ALL RIGHTS RESERVED

Application: Food Truck ► Customer Challenge – Need to offset energy requirement for appliances with solar panels – Panels need to be durable and aerodynamic ► Mia. Solé Solution – Lightweight panels curve around the chassis of the truck without additional support – Integrated design means less chance of damage – Doesn’t interfere with truck aerodynamics at high speeds – Most powerful flexible solar panel on the market today 15 Reference : Taian Changan Dining Equipment Co. Location Taian, China Installation Size 1. 5 k. W/Truck Customer Taian Changan Dining Equipment Install Date April 2015 © 2016 MIASOLE. ALL RIGHTS RESERVED

Mia. Solé Advantages Summary Flexible, modular CIGS solar cells are ideal for a wide variety of applications because of unique advantages: –Lightweight, flexible cells easily attach to many surfaces –Adjustable in size –Provide record efficiency levels ► Strong corporate backing from Hanergy ► ► 16 Demonstrated market acceptance with over 80 MW installed in 30 countries © 2016 MIASOLE. ALL RIGHTS RESERVED