2 and provides for an average once on base date of BRL 145.8/MW, (approximately $0.05 kWh) adjusted annually based on the IPCA consumer price index. Ire PPA amides for surplus or ccmpereaton payment over the contracted arrart, with production over 130% or alder 90% pad the subsequent year. and production

defined in the PPA), which happened on Comte" 24. 2013 • Oroel will generate power under Ire operational and quality stedlares estabesned by ICE in Ire PPA. and has to delver al power generated to ICE, well the exception of that whch is required to supply the power pant's own needs • The onto' tern is