approve the Company’s Financial Statements for the year 2018 ended 31 December 2018. 2. It is appropriate to propose to the AGM to approve the abstention from the distribution of dividends from the

receiving dividends as the Credit Agreement specifies that the Company must obtain prior written consent from Link Capital I before any dividend distribution. 7) Opinion of the Board of Directors on the

that the Company must obtain prior written consent from Link Capital I before any dividend distribution. 7) Opinion of the Board of Directors on the Transactions The Board of Directors has considered and

specifies that the Company must obtain prior written consent from Link Capital I before any dividend distribution. 7) Opinion of the Board of Directors on the Transactions The Board of Directors has

and installation of the pipeline 239.05 248.60 (3.84) Income from water production and distribution 31.25 24.31 28.55 Income from installation and distribution of water production systems 3.40 25.03

) (70.9 %) 2.7 % Gross Margin 364.5 28.0 % 374.4 29.1 % (2.6 %) Distribution Costs (197.2) (15.1 %) (148.8) (11.6 %) 32.5 % Administrative Expenses (63.2) (4.9 %) (57.9) (4.5 %) 9.0 % Profit before Income

40 11 28% 30 50 -20 -40% Distribution costs -90 -70 -20 29% -62 -59 -3 5% Administrative expenses -108 -181 73 -40% -75 -150 75 -50% Finance cost - Interest expenses -11 -11 - - -8 -7 -1 14% Corporate

strategy Calendar year performance and benchmarks over the past five years (% per annum) Fund Information Registration Date Class Launch Date Dividend Distribution Policy Fund Duration List of Fund Managers

five years (% per annum) Fund Information Registration Date Class Launch Date Dividend Distribution Policy Fund Duration List of Fund Managers Past performance at specific periods (% per annum

Investment policy and strategy Calendar year performance and benchmarks over the past five years (% per annum) Fund Information Registration Date Class Launch Date Dividend Distribution Policy Fund Duration