Page 22 - Presentation - TERM SHEET - Spark Venture Partners LLC

PROCEDURE FOR BUSINESS IMPLEMENTATION

 As described in our previous explanations, a projected loan-to-value deduction was determined on the estimated assets. This loan-to-value deduction was forecast

at the following intermediate value:

o 37.50% = US$ 189,000,000

o The determined loan-to-value ratio of 35% corresponds to the capital amounts forecast to be generated from their monetization of net - US$ 189,000,000.
o The capital amounts generated from the monetization include, among other things, the costs of insurance premiums in favor of the assets, the debt service for
interest and principal, as well as other costs, risk discounts, reserve instruments, etc., which were previously deducted from the gross amounts of the

monetization.

 In order to offset the projected loan-to-value deduction and, consequently, the deduction from the estimated total value of the assets and to further capitalize the
net capital amount generated from the monetization, the capital amounts forecast to be generated from the monetization of net - US$ 189,000,000 will be further

utilized as follows:

o An advance payment will be made to PARTY #1: US$ 38,000,000

o The remaining capital amount will be placed in a capitalization program: US$ 151,000,000