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Investor Presentaiton

ECS launched its own proprietary hospitality brand, NAU Hotels & Resorts, to boost the value of its portfolio for its investors NAU HOTELS & RESORTS Based on an analysis of the market, the following axis were defined for the brand positioning: Reviving; Energetic; Relaxing Main idea: "Leading Guest Happiness" Brand registered at the EU level Development of the Brand: Launching of NAU H&R in December 2014 Licensing and rebranding of 10 units in 2014/2015 Opening of Palácio do Governador, in Lisbon, in October 2015, under the NAU H&R brand Opening of NAU Salema Beach Village in 2016 Decisions regarding the brand development are based on potential value added for a given asset and fit with the brand positioning NAU HOTELS & RESORTS NAU 28
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