Investor Presentaiton

Strategic approach ■ The Concept is to establish Biofuels Special Purpose Vehicles (SPVS) with reputable Core-investors Proposed Role of NNPC in the Business is to be a Co-investor in the entire value chain as shown below: Biofuels Operational Model Core Investor Co-Investor (NNPC) Passive Investor (State Govt.) Majority ownership Project development leadership Plantation & plant operation Maintain oversight functions on the business interest Minority ownership Initiate and support Project development processes and activities Equity holder Provide unencumbered land with free access Provide basic facilities to project site

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