Sustainable Decentralized Water Solutions slide image

Sustainable Decentralized Water Solutions

North America Opportunity MABR delivers substantial savings and generates high IRR for wastewater reuse - Washington Oregon New Hampshire Vermont Massachusetts Montana North Dakota Minnesota Wisconsin South Dakota Wyoming New York Michigan Iowa Pennsylvania Rhode Island Connecticut Nebraska Nevada Ohlo New Jersey Utah Mlinois Indiana Del Colorado Kansas Missouri Kentucky Tennessee Oklahoma Arizona Arkansas New Mexico Virgin la North Carolina South Carolina/ Mary Washingto West Florida Bahama Archipelago ATLANTIC OCEAN Mississippi Georgia Market Drivers Tuk Alabama California Alaska 30 H Haura Texas Louisiana Greater Antilles Cayman Florida CARIBBEAN SEA Bish Virgin Ponds Ange US V Auba Cups Bonaire Montserrat Guadelupe عاملة Los Margarit Align St Lucia Dominica Martinique Barbados Grenada The Grenadines Tobago Venezuel Trinidad Rick Cisterna, Chief Strategy Officer Over 30 years' water industry management experience, $1B in contracts, $100M in recurring revenue Dario Perez, Head of North America Water Services 30 years of sales, business development and operational experience • Has overseen sale, construction and operation of plants fluence™ Strategy Water scarcity and high water costs drive need for wastewater reuse and desalination as a service Initial Target: Caribbean and US sunbelt resorts ⚫ Prioritize Sale of Water not Plants: Fluence uniquely lowers water cost while generating ~25% IRRS (unlevered) ⚫ 25 Plants in Region (1 BOOT) • Scale up by partnering with operators of many properties, acquiring projects and tuck-in teams • Seek O&M contracts 25 25
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