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Investor Presentaiton

Sustainability ERC is committed to actively giving back to Egyptian society by engaging in ethical business practices as well as organizing and sponsoring a variety of corporate social responsibility initiatives every year Doing Business to Promote Development Demonstrating a desire to find innovative solutions to today's energy crisis, in 2015 ERC signed a long-term land lease contract with KarmSolar to develop a c. 50,000 m2 solar farm in Sahl Hasheesh with a generation capacity of 2MW. In late 2016, ERC signed an MoU with KarmBuild and Rise Up to create a technology and startup hub in Sahl Hasheesh that will support Egypt's most promising local technology companies and accelerate the pace of innovation. • Giving Back through CSR Initiatives In April 2017, ERC hosted an Orphan Day on Sahl Hasheesh's beach. Thirty-five children participated in a variety of activities, including a submarine tour. In conjunction with the event, ERC donated 641 kg of dry foodstuff for Eid Al Adha to the Egyptian Food Bank. ERC hosted a group wedding for community orphans at Sahl Hashessh Resort KarmSolar كرم للطاقة الشمسية Investor Presentation FY2017 KarmBuild 32
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