Limited (“7UP”) held on April 5, 2019, approved the acquisition of ordinary shares of Universal Waste Management Company Limited (“UWM” or the “Target”), formerly named Asia Recycle Holding Company Limited

(“7UP”)held on April 5, 2019, approved the acquisition of ordinary shares of Universal Waste Management Company Limited(“UWM” or the “Target”), formerly named Asia Recycle Holding Company Limited, by

”) held on April 5, 2019, approved the acquisition of ordinary shares of Universal Waste Management Company Limited (“UWM” or the “Target”), formerly named Asia Recycle Holding Company Limited, by Ferrum

70.1 27.8 42.3 152.2 FiT Premium 6.0 - 6.0 N.A. (>100) Adder 33.9 34.3 (0.4) (1.2) Revenue from waste management 11.3 9.4 1.9 20.2 Sales from Municipal Solid Waste Power Plants 121.3 71.5 49.8 69.7 Sales

) Net profit from ordinary activities attributable to the parent 374.5 338.1 341.3 0.9% (8.9%) 1,031.9 985.0 (4.5%) * Extraordinary items from non-operating, consists of unrealised gain on exchange rate

) (40.2) (50.4) 25.4% Net profit 249.8 360.3 366.5 1.7% 46.7% 843.3 726.8 (13.8%) Add(less): Loss/gain from extraordinary items* 104.3 (54.7) (28.4) (186.1) (83.1) Net profit from ordinary activities 354.1

) 25.6 95.5 (149.2) (127.4) (21.8) Net profit from ordinary activities attributable to the parent 305.6 338.1 341.3 393.3 52.0 15.2% 1,358.4 1,378.3 19.9 1.5% * Extraordinary items from non-operating

% 79.8% 570.0 1,253.6 119.9% Add(less): Loss/gain from extraordinary items* 5.4 104.3 (35.7) 66.3 (221.7) Net profit from ordinary activities 233.5 354.1 374.5 5.8% 60.4% 636.3 1,031.9 62.2

extraordinary items* 38.2 (290.4) 104.3 61.0 (186.1) Net profit from ordinary activities 247.4 303.1 354.1 16.8% 43.1% 402.8 657.2 63.2% * Extraordinary items from non-operating, consists of unrealised gain(loss

) (218.1) N.A.(