Investor Presentaiton

ROBUST IN WIND, WAVES AND CURRENTS Ocean Sun Waves and currents Waves and currents • • System is tested at SINTEF ocean basin laboratory Circular design distributes forces Ocean Sun uses a thin hydro elastic membrane 。 This allows the structure and the PV modules to move gracefully with the harmonics of the waves, as opposed to working against the forces from the waves. Minimal drag from sea current Wind Minimal wind drag due to flat mounting on the water Reduced risk of system breaking from wind Ocean Sun's pilot in Osterøy, Norway has been operating since May 2017 without any material downtime or breakage Basin tests and simulations have predicted the systems wave capabilities and CFD1 analysis has shown that the system is able to withstand typhoon category 4 → winds of 275 km/h Source: SINTEF, The Company Note: 1) Computational fluid dynamics 45

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