Page 22 - TERM SHEET - PROJECT FINANCE CONCEPTION - english

Procedure for implementing the project financing concept:

1st step: “Compliance & Due Diligence Package”

The interested party (project initiator) expresses his further interest in our group of companies and their "concept". Based on this,

the interested party will receive the appropriate application documents from the compliance department of our group of
companies. This is a "Compliance & Due Diligence Package". The interested party then fills out and signs this "package" and sends it

to our compliance department.

Included in the "package" are the relevant documents for the planned project and, among other things, proof of creditworthiness

(current bank statement or bank confirmation letter) for the required equity ratio, based on the desired credit requirement.

2 step:
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After the interested party has provided us with the complete "package", the compliance check is then carried out by our compliance department and members of the

consortium. The examination period extends over a maximum of 6 calendar days. After the compliance check has been carried out, the interested party will then

receive a check result from our compliance department. If the result is positive, the prospective customer will then receive a corresponding “memorandum” from our
group of companies on the desired “project financing concept”. The period for the preparation of the "memorandum" then amounts to a maximum of 4 calendar days.