1. Ampyx Power: Wind energy less expensive than fossil power MVO Koplopersbijeenkomst 25 maart 2014

2. The PowerPlane technology Why are electricity costs so low? 600m 300m 0m Operating 5.5m wingspan prototype design work on-going for 12m/250kW and 30m/2,5MW Several demonstration farms under development After scale-up to 30m wingspan systems will have significantly lower Levelised Cost of Energy (LCoE) than coal-fired power, even when deployed offshore PowerPlane systems use significantly less material than conventional wind turbines PowerPlanes operate on higher altitudes than conventional wind turbines, where wind is stronger and more constant Development costs of PowerPlanes are much lower than conventional wind turbines as core innovation is in system control software, not system hardware When deployed offshore, PowerPlanes are based on floating platforms instead of huge foundations, resulting in much lower construction, installation and maintenance costs Status 3. EQUITY (as of 2010) Complemented with grants, subsidies and soft loans Financing 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Angels Rabo fondsen Crowdfunding + informals round Growth capital round Cash positive Exit anticipated Crowdfunding: Via online platform: Oneplanetcrowd Started as "PR-activity and grew out of hand Attracted many large informal investors (300k -> 2,3M) Structure Loan, converted to certificate (share, no vote) Crowdfunding after Rabo funds (name, due dilligence done) Positive Round much larger than expected Added value of investors (business development, tax/legal advice) Negative Administrative burden, especially around conversion Extremely hard to get valuation done (Big-4), less convincing than real market transaction Crowdfunding take-aways 4. Video