VPC COMPANY PRESENTATION At a glance Introducing VPC

VPC COMPANY PRESENTATION

At a glance Introducing VPC Technologies & Services Experience & Clients References 2 | VPC Gmb. H Company Presentation | Name | Datum |

VPC: The German engineering company VPC: Over 50 years’ experience of projects in the energy sector One-stop supplier Project services with in-depth planning throughout the entire life cycle – from initial proposal until final dismantling Boxberg R: New unit Through the eyes of an operator Planning and management with complete understanding of your interests as a power plant operator Independent and neutral No ties to suppliers or operators – to ensure the best possible results for you Moorburg Power Station: New-build project 3 | VPC Gmb. H Company Presentation | Name | Datum |

VPC: Evolution 1994 If. K is founded 1963 Established as ORGREB Institute for Power Plants 1990 Formation of VEAG 4 2002 VEAG purchased by Vattenfall 1998 If. K is renamed VEAG Power. Consult 2008 VPC East set up in Belgrade April 1, 2014 Purchased by private equity company palero VPC becomes an independent engineering company specializing in power plants and distribution 2003 Renamed Vattenfall Europe Power. Consult – engineering services and centre of excellence of the Vattenfall Group | VPC Gmb. H Company Presentation | Name | Datum |

VPC: Profile Registered office Vetschau, Brandenburg region, Germany Sole shareholder Vattenfall (until 31 March 2014) palero (from 1 April 2014) Turnover in 2014 About € 100 million Employees About 500 Management systems Certified integrated quality, industrial safety and environmental management systems Certification ISO 9001, ISO 14001, OHSAS 18001, KTA 1401, SCC, DAkk. S 5 | VPC Gmb. H Company Presentation | Name | Datum | D-IS-14178 -01 -00 nach DIN EN ISI/IEC 17020 2012

VPC: Employees and branches VPC personnel serve clients as experienced engineers, project managers and laboratory analysts. QUALIFICATIONS AT A GLANCE PROJECT OFFICES AND BRANCHES Management Engineering Laboratories • About 400 engineering employees • About 100 laboratory/analysis employees • Very high percentage of engineers and technicians (68%) • High level of long-term company loyalty resulting in a wealth of experience 6 | VPC Gmb. H Company Presentation | Name | Datum | Belgrade

VPC: Structure 7 | VPC Gmb. H Company Presentation | Name | Datum |

At a glance Introducing VPC Technologies & Services Experience & Clients References 8 | VPC Gmb. H Company Presentation | Name | Datum |

VPC: Fields of Technology Coal-fired power plants Gas turbine power plants Renewable energy Hydroelectric power plants Nuclear power plants Energy transmission, distribution and storage Other fields of technology 9 | VPC Gmb. H Company Presentation | Name | Datum |

VPC: Services Studies & consulting Planning of decommissioning & dismantling Engineering Services Project management Quality management Maintenance, retrofit, plant optimization & measurements Planning services for construction & commissioning Operational management & laboratory services 10 | VPC Gmb. H Company Presentation | Name | Datum |

Power plant engineering 1. Plant design ● Studies, concepts, basic engineering for new-build and retrofit projects ● Boiler technology, combustion technology ● Process engineering, mechanical engineering ● Planning of civil works ● Building services ● Detail engineering for new-build and retrofit projects ● ● Arrangement planning Piping planning Function planning Turnkey retrofits 2. Plant optimization ● ● Life extension Optimization of load ramps, minimum load Process optimization Boosting flexibility 11 | VPC Gmb. H Company Presentation | Name | Datum |

Electrical and I&C Engineering 1. Planning of electrical systems and I&C ● Studies, concepts and planning for new-build projects ● Rehabilitation and plant optimization ● Provision of electrical components 2. Power grids (crest voltage to distribution networks) ● Grid calculation ● Grid simulation 3. Metrology and materials ● Combustion analysis ● Process quality monitoring ● Emissions monitoring 12 | VPC Gmb. H Company Presentation | Name | Datum |

Project management 1. Capital project management ● ● Project management Claim and cost management Schedule planning and control Permission management 2. Interface management ● Coordination of contractors 3. Quality assurance 4. Planning of jobsite management and commissioning 13 | VPC Gmb. H Company Presentation | Name | Datum |

Operational management 1. Hazard assessment and safety management ● Risk assessment ● Regular inspections of plant and equipment Definition of work areas and activities Continuation of risk assessment 2. Environmental protection management ● Development of integrated management systems ● Licensing and permission procedures ● Planning of demolition and rehabilitation of obsolete facilities Documentation Hazard assessment Verifying effectiveness Execution of measures 3. Technical management systems 4. Production and editing of documentation 14 Hazard identification | VPC Gmb. H Company Presentation | Name | Datum | Determination of measures

Laboratories 1. Power plant analysis ● ● ● Fuel analysis Soil and solids analysis Water analysis Air and gas analysis Special analysis Sampling 2. Environmental and fuel analysis ● Fuel analysis ● Water analysis for power plants and other purposes ● Analysis of insulating material, lubricants and other oils ● Analysis for flue gas desulphurization plans ● Special analysis 15 Laboratory tests at Jänschwalde Branches ● Spremberg ● Jänschwalde ● Boxberg ● Lippendorf ● Hamburg Moorburg | VPC Gmb. H Company Presentation | Name | Datum |

At a glance Introducing VPC Technologies & Services Experience & Clients References 16 | VPC Gmb. H Company Presentation | Name | Datum |

VPC: International experience ● Europe: Albania, Bosnia and Herzegovina, Bulgaria, Czech Republic, Denmark, Estonia, France, Finland, Germany, Greece, Hungary, Ireland, Italy, Kosovo, Latvia, Lithuania, Moldova, Montenegro, the Netherlands, Norway, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Sweden, Switzerland, Ukraine, UK 17 ● Far East: PR China, India, Laos, Mongolia, Taiwan, Thailand ● Middle East and Central Asia: Georgia, Israel, Iran, Iraq, Kazakhstan, Kyrgyzstan, Saudi Arabia, Syria, Turkey, Turkmenistan, UAE, Uzbekistan ● Australia ● Africa: Seychelles, South Africa ● America: Brazil, Canada, USA | VPC Gmb. H Company Presentation | Name | Datum |

VPC: Clients (selection) 18 | VPC Gmb. H Company Presentation | Name | Datum |

At a glance Introducing VPC Technologies & Services Experience & Clients References 19 | VPC Gmb. H Company Presentation | Name | Datum |

References from over 50 years’ experience SERVICES • Planning and realization of new power plants • Life extension, energy efficiency and overhaul • Analysis of grid connection for renewable energy generators • Analysis and measurement to safeguard investments CLIENTS • All of Germany’s energy supply companies • Numerous German municipal utilities • Clients on nearly all continents • Many of the world’s foremost development banks PROJECTS • Projects totalling over 60, 000 MW • Investment of up to € 3 bn per project • Over 1, 000 projects annually • Handling of up to 70 lots per major project 20 | VPC Gmb. H Company Presentation | Name | Datum |

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