Mercan Group Investment Overview

TRACK RECORD PORTUGAL Under Construction & Licensing MERCAL PROPERTY VR R RENAISSANCE HOTELS TOTAL PROJECT VALUE (EUR) 56 M TOTAL INVESTORS 160 R RENAISSANCE R PORTO ART' SUITES Folhas Aparthe H Holiday Inn Express EXPECTED TO START OPERATION 3Q2022 INVESTMENT AMOUNT PER INVESTOR (EUR) 350.000 7.6 M TOTAL PROJECT VALUE (EUR) EXPECTED TO START OPERATION 2Q 2023 INVESTMENT AMOUNT PER INVESTOR (EUR) From 356.900 TOTAL PROJECT VALUE (EUR) 21 M EXPECTED TO START OPERATION 4Q 2022 AMOUNT PER INVESTOR (EUR) 350.000 INVESTMENT CONSTRUCTION TOTAL CONSTRUCTION STATUS INVESTORS ON 21 STATUS ON EXPECTED TOTAL INVESTORS CONSTRUCTION ROI 60 STATUS ON EXPECTED 5% TO 8% ROI 3% PORTO LAPA PARK Porto Lapa Park project integrates the internationally recognized Renaissance Brand in the city. It has been projected under a solid concept: inspiring shapes, simplicity and elegance, combined with high-end engineering. This hotel will have one of the largest conference, event and convention center in the country. PORTO ART'S SUITES The Porto Art's Suites project is part of the rehabilitation of Properties of Patrimonial Interest of the city of Porto, giving a new life to the history and culture that surrounds it. Porto Art's Suites will be a perfect complement to the Porto Art's Hotel providing an extra space and flexibility that a regular hotel room isn't able to. HOLIDAY INN EXPRESS PORTO Holiday Inn Express Porto Hotel project is part of the rehabilitation of Properties of the city of Porto, giving a new life to the history and culture that surrounds it. This Hotel in Porto will be a perfect complement to the city, providing the ideal space and environment for business. LAPA II 16 BY MERCAN PROPERTIES

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