51% interest in the project with our local partners, ',taxing Pubic Investment Caporatan holding the remaining 49% interest The project is pan of me REIPPP program The cantorparly to the PPA is Eskom The PPA is schedUed to terminate during the fouth quarter of 2033 and provdes haat/idiot ZAR 2 00/kYM (a

South Afnca has a framework of legislation and regulators governng es energy sector The Renewable Energy independent Power Producer Procurement of 'REIPPP " program is a governmental procurement program that eftectivety reoures solar and wind protects in Soar, Afnca to comply with tms framework includi

program and by other legslation applicable to water affairs, environmental affairs agriculture. forestry and fisheries and mince! resources Under the REIPPP program, a solar or wind prcsect n regulated as an independent power producer arid is authorized to pocket and sell electncity to Eckert the tour-tr

P program whch requres renewable energy developers to bid on a tariff level and the Identified s000-economic development objecOves of the SA DCE The REIPPP program contemplates a total of 6,925 MW will be subject to biding, whch are split into meibple being rounds arc ircltdes seven renewable energy tec