Green Energy Biomass, J.S.C.

‘Shovel Ready’ Commercial Expansion Fully Sustainable Production Model

Environmentally & Socially Responsible Rich Commercial Potential

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Coâng ty Coå phaàn Naêng Löôïng Xanh Biomass Việt

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Green Energy Biomass, J.S.C.

A Jatropha-based, smallholder-produced biofuel feedstock company

Green Energy Biomass, J.S.C. (GEB or the Company) is the first for-profit Vietnamese company purpose-structured to deliver market access for smallholder-produced energy biomass

GEB is a Jatropha-based feedstock company producing an ethical, and sustainable second generation feedstock. Cultivated on marginally-productive lands, Jatropha production avoids upward pressure on food prices and negative impact on high-conservation ecologies (Jatropha v. 2.0)

GEB partners with Vietnamese smallholders by delivering free agronomy stock, training in sustainable methodology, on-going input support and of course, the guaranteed purchase of all produced biomass

GEB assists in building capacity with local cooperatives as the contractual partner in the value chain. The purchase agreement offers guaranteed price floors and win/win division of margin increases due to rising petroleum prices

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• Conducted R&D on agronomic methodologies for Jatropha production that is replicable for GEB producers (smallholders)

• Developed and built capacity of vendor supply chains for production inputs for ‘best practices’ methodology employed

Enjoyed exclusive R&D collaboration with The Center for Biotechnology in Forestry (the Central Vietnamese government’s primary agency on Jatropha) including a four year trial program in multiple provinces with scores of Jatropha varieties

• Executed contractual relations with its commercial planters (Viet co-ops) and yield security oversight (people’s committee) yielding a first-of-its-kind long term guaranteed purchase agreement with sustainability issues as part of its obligations

US$2.5 million pilot equals mitigated start-up, execution and agronomic risks

The Smallholder

A Sustainable Feedstock Production Unit Low-carbon methods

Low-chemical fertilizer use

No disturbance of high conservation ecologies

No substantial food production displacement

Persistent –care delivers high yields

Deliver shareholder value

Contribute to developmental goals

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GEB’s Contractual Partners Commercial Cooperatives and Small/Medium Enterprises (SME) deliver:

Voluntary members’ low-carbon production (Cooperatives)

Rural poor employees using low-carbon production (SMEs)

Professional management personnel

Business-to-Business cooperation

Centralized distribution and collection

Professional extension services (farmer training)

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Sustainable Production Areas

This is Vietnam But so is this

Sustainability guidelines put emphasis on bare, open lands (5 million hectares: MoNRE)

Appropriate agronomic characteristics for Jatropha

Dynamic economy (GDP growth 7%-9% annually)

Massive internal Vietnamese market (7 million tons of diesel consumed in 2009)

Large workforce local to production (population 88 million, 70% rural)

Comparative advantages of Vietnam for biofuel feedstock production

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Production (Land Access) MoNRE states there

are 5-6 million hectares of marginal

lands in Vietnam

MARD states it wants 300,000

hectares of Jatropha by 2015

Ninh Thuan DARD states 52,000 hectares available

for energy crops like Jatropha in NT alone

Green Energy Biomass’ expansion plan calls for 25,000 hectares over five

years

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Green Energy Biomass contracts

with 20 cooperatives in each province

Green Energy Biomass’ expansion plan calls for 25,000 hectares over five

years

Green Energy Biomass operates in four South and

North Central provinces

In the busiest year, no cooperative needs to plant more than

150 hectares

Province Total 2011 2012 2013 2014 2015

Binh/Ninh Thuan 8,500 1,000 1,000 1,500 2,500 2,500

Quang Nam 3,900 200 200 500 1,500 1,500

Hue 6,300 400 400 1,500 2,000 2,000

Quang Tri 6,300 400 400 1,500 2,000 2,000

25,000 2,000 2,000 5,000 8,000 8,000

Production Establishment

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Production Field Math

One hectare produces

approximately 4.5 tons of seeds

1.5 tons of Crude Jatropha Oil (CJO)

3 tons of Jatropha Seedcake

Crude Jatropha Oil (CJO) is equivalent to rape seed oil in its use as a biofuel feedstock

Jatropha Seedcake is a clean replacement for wood, coal or charcoal

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Green Energy Biomass’ 25,000 hectares at maturity produce:

37,500 tons of CJO 87,500 of seedcake

Income Math

In a petroleum environment of US$80/bbl:

GEB prices CJO at US$871/ton (12% discount to rapeseed) Seedcake at US$50/ton

US$36 million in annual revenues

Vietnamese smallholders produce 4.5 tons of Jatropha seeds per hectare

At US$80/bbl environment, GEB pays farmers US$95/ton for seeds

Additional to smallholder’s income US$427/ha./year

Rural communities’ total additional income

US$11 million/year

Pricing Rape and Crude (Forecast)

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