Investor Presentaiton

Power Generation by Individual Power Plant Although Ichigo Nago Futami Power Generation -16% vs. Forecast Due to Inclement Weather & PID, Total Power Generation -0.2% vs. Forecast Due to Geographic Diversification No. Solar Power Plant Forecast Power Generation (A) Actual Power Actual Power Generation (B) (kWh) Difference (B) - (A) (kWh) Operating Production Revenue* Revenue (JPY thousand) (kWh) (JPY thousand) E-01 Ichigo Kiryu Okuzawa 706,572 871,036 +164,464 33,626 22,928 E-02 Ichigo Motomombetsu 708,811 734,619 +25,808 28,675 21,714 E-03 Ichigo Muroran Hatchodaira 642,536 667,581 +25,045 26,001 18,880 E-04 Ichigo Engaru Kiyokawa 558,220 574,532 +16,312 22,710 18,039 E-05 Ichigo lyo Nakayamacho Izubuchi 683,941 682,055 -1,886 27,658 22,248 E-06 Ichigo Nakashibetsu Midorigaoka 970,652 1,011,567 +40,915 39,323 29,825 E-07 Ichigo Abira Toasa 574,272 E-08 Ichigo Toyokoro 560,014 E-09 Ichigo Nago Futami 5,091,263 631,945 +57,673 580,860 4,265,424 -825,839 25,189 19,469 +20,846 22,828 17,787 173,505 159,228 E-10 Ichigo Engaru Higashimachi 619,780 595,047 -24,733 23,175 17,658 E-11 Ichigo Takamatsu Kokubunjicho Nii 1,449,441 1,560,807 +111,366 57,240 51,472 E-12 Ichigo Miyakonojo Yasuhisacho 839,119 795,417 -43,702 28,771 22,754 E-13 Ichigo Toyokawa Mitocho Sawakihama 1,010,637 1,178,125 +167,488 37,171 25,566 E-14 Ichigo Yamaguchi Aionishi 718,870 740,911 +22,041 30,009 23,522 E-15 Ichigo Yamaguchi Sayama 1,397,838 1,601,920 +204,082 57,017 47,404 Total 16,532,008 16,491,889 -40,119 632,905 518,500 一期一会| * Operating Revenue = Actual Power Production Revenue - Operating Expenses ICHIGO Ichigo Investment Advisors Co., Ltd. Ichigo Green Infrastructure Investment Corporation All rights reserved. 14

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