Page 10 - Presentation - TERM SHEET - Spark Venture Partners LLC
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     USE OF ASSETS FOR BUSINESS EXECUTION
           Important note regarding the intended combination of both named assets (Asset #1 & Asset #2) and their intended business strategies.
                              o    As described above, the loan/financing of “Asset # 2” serves to generate the capital amounts generated from the implementation of the
                                   business, primarily for the costs of the insurance policy, in favor of the further business implementation for “Asset # 1”.
                                          o   Since the “Asset # 2” does not have any insurance coverage (insurance policy), the loan/financing of the “Asset # 2” can only be
                                              carried out with a lower loan-to-value ratio (percentage value deduction) in order to reduce the risk for the lender.
                                          o   In order to compensate for the percentage deduction in value of "Asset #2" compared to the actual asset valuation and to minimize
                                              the associated risk for the lender, while still achieving an optimized loan-to-value ratio, our group of companies combined both
                                              assets ("Asset #1" & "Asset #2") and conducted consultations with the selected network and business partners on this basis.
                                              This is also justified by the fact that PARTY #1 pursues the same objective of intended loan/financing for both assets (Asset #1 & Asset
                                              #2).





