Sovello - The World's Most Innovative Solar Energy Company

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1 Powering Tomorrow

2 More than 10,000 times the ene rgy used by all of the people on earth is provided by the sun every day. It is free of charge, environmentally friendly and a vailable for about the next 4.5 billion years. Dr. Theodor (Ted) Scheidegger CEO Sovello AG The International Energy Agency predicts that the worldwide need for energy will keep growing: By 2030, energy consumption will be about twice what it is today. With the increasing scarcity of fossil fuels, renewable sources of energy are not only an important defense against climate change, they also safeguard the worldwide energy supply over the long term. Sovello intends to be the world s most sustainable solar energy company. We are among the 15 largest fully integrated module manufactures worldwide producing high quality Made in Germany from the wafer to the cell to the complete solar module. We are pursuing intensive research and development. Thanks to the STRING RIBBON wafer, our high-performance modules use 50 % less silicon than traditional crystalline modules and their energyamortization time is the shortest in the world. In the future, we at Sovello will continue to put everything we have into achieving the optimum balance between economics and ecology. Our technological progress is the foundation for a cleaner and more sustainable energy supply of the future.

3 Driven by Sustainability. Sovello considers sustainability to be an integral principle on social, technological, economic, and ecological levels. In order to convert this sustainability into a successful business, we set our sights on quality and professionalism. Our technological progress ensures our ongoing business success and motivates us all. Meeting the Challenges. Sovello is committed to sustainability. It is essential to every department at Sovello. It has impacts within the company as well as towards the outside. As part of our entrepreneurial origins and the engine for our dynamic business, it differentiates us from other companies in the solar industry. Everything begins with our employees. Their motivation and spirit enable our success story. That is how we achieve the innovative technology solutions that give us the decisive advantage over our competition. Solid financial development becomes business reality. In this business environment, we can concentrate day after day on what is important: taking care of our environment over the long term with economically and ecologically balanced production methods. Our customers, partners, and suppliers have been convinced by our business orientation too, which we use to cultivate longlasting partnerships also in the spirit of sustainability. On the technological level, we achieve sustainability through our fully integrated production process and the use of the patented STRING RIBBON wafers. A unique and highly efficient product is created. Compared to all other modules worldwide, our product provides the shortest energy amortization time and the smallest carbon footprint. In other words: Sovello now manufactures one of the most sustainable solar modules in the world.

4 Our Values > Substantial > Smart > Responsible > Direct

5 > Substantial. All activities of Sovello are based on long-term considerations. Our products combine efficiency with quality and guarantee the supply of clea n, natural energy as a result. Through research and development, innovation, market orientati on, and a drive toward optimization, we further expand the economic and technological substance of our business. Long-Term and Efficient. In what we do and how we do it, the sun is the best example for everything. It is dependable, direct, and full of energy. We at Sovello concentrate all of our energy on making this nearly inexhaustible energy source as useful to people as possible. That is why Sovello invests in important activities in research and development. They are essential components of our business. The innovations that they produce, combined with a clear customer orientation, show the path to the future. And this path is characterized by its balance of economics and ecology. Our high-tech Made in Germany modules combine efficiency and quality in an unique way. They are unmatched in their effectiveness. Moreover, we have some of the most modern production facilities in the world. As one of the world s 15 largest fully integrated module manufacturers, Sovello has made an important contribution to the renewable energy supply. Simply put, we supply more and more people with clean, natural energy now and in the future.

6 > Smart. Sovello accomplishes more through its intellig ent use of resources. Research and development are decisive factors for success. So from the smart idea of using the sun for electricity comes an economically and ecologically sens ible way to a cleaner future. 100 % of the Energy with 50 % of the Resources. Economic and Ecological Balance. Sovello s ultimate goal is to support an environmentally friendly and sustainable supply of electricity now and in the future. Through efficient and intelligent use of the effective STRING RIB- BON wafers and its ongoing further development for us and for our customers. That is why we follow a basic principle. A simple comparison shows the difference that is based on success: We produce 100 % of the energy while consuming 50 % less silicon and energy. With our fully integrated manufacturing and the patented STRING RIBBON wafers, we are able to efficiently coordinate all of the stages of production and reduce the number of resource-intensive steps. The advantage: optimal use of resources and consistently high quality in our highly efficient modules. Our business is a balancing act between economics and ecology. That is why we only judge high-tech solutions as forward-looking, if they are highly efficient and take care of our resources at the same time. In this respect, we try to be a little bit better every day.

7 > Responsible. Sovello takes responsibility. With our technology, we are making an important contribution to the sustainable energy supply and, as a result, to CO 2 reduction. We are contributing to a worry-free and sustainable life of future generations. A Clear Future in Sight. For us, responsibility means encountering nature and humanity with care and respect, and leading our business with vision. Quality, fairness, and partnership determine our interaction with employees, customers, suppliers, and investors. Our investments open up new perspectives to large numbers of people and create jobs for skilled workers. Responsibility is also our job in the financial sense: Today, only a few years since the start of our company, we are already showing profitable and dynamic growth. We combine ecological progress with economic growth into a basis for success that we are consistently expanding, with a focus on the next big challenge: to see that solar electricity ultimately overtakes conventional energy and become not only the cleanest, but also the most economical energy of the future.

8 > Direct. Sovello is direct and uncomplicated. Our direct style enables us to be dynamic and quick all the time. Also, on a human level, we take care to always maintain direct, clear, and respectful interaction with one another. That applies internally as well as in our communication with customers, shareholders, partners, and suppliers. Clarity through Straightforwardness. Our business is based on the courage and the strong will to constantly optimize our work and our products. With that, we have a clear goal: to be the most effective solar power company in the world. To reach this goal, we face challenges directly and once again use the sun as our guide. Its light shines directly and clearly. In our high-tech manufacturing processes, we also follow a structure that is as simple as it is persuasive. Throughout the fully integrated value-added chain and the production of solar wafers, cells, and modules, Sovello offers quality and competitive photovoltaic products at the highest level Made in Germany. In working with our customers, shareholders, partners, and suppliers, respect and clear communication are the most important things. Our actions and our communication are clear and uncomplicated. Because of this we have the liberty to concentrate on what is important: the future.

9 Sovello AG OT Thalheim Sonnenallee Bitterfeld-Wolfen Germany P +49 (0) F +49 (0) *STRING RIBBON RIBBON is a trademark ist eine Marke of Evergreen von Solar, Evergreen Inc. Solar, Inc. Evergreen Das Wafer-Herstellungsverfahren Solar s patented wafer-manufacturing von Evergreen technology Solar is used ist in by den Sovello USA AG under anderen license in Ländern the manufacture durch Patent of products geschützt. with String Ribbon wafers.

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