Portfolio of Properties

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Portfolio of Properties VALLE CALIFORNIA LAGO ESPOLÓN RÍO PALENA JEINIMENI TORTEL MELIMOYU LOS LEONES,

Patagonia Sur is a conservationoriented company that invests in, protects, and enhances scenically remarkable and ecologically valuable properties in Chilean Patagonia. Visit us at www.patagoniasur.com

OPPORTUNITY PATAGONIA 03 Chilean Patagonia is positioned as an attractive investment hub. Global interest in the zone s conservation has propelled projects that aim to the shape the future of this magical and unexplored place while preserving the integrity of its past.

QUALITY TIME PATAGONIA 04 Disconnect from the world and reconnect with your family and friends while enjoying the pristine landscapes of these incredible properties.

PORTFOLIO OF PROPERTIES MAP To Santiago 638 mi Puerto Montt 05 Chiloé Chaitén LAGO ESPOLÓN RÍO PALENA VALLE CALIFORNIA PATAGONIA MELIMOYU Coyhaique Balmaceda ARGENTINA PACIFIC OCEAN Lake General Carrera LOS LEONES Chile Chico Northern Ice Field JEINIMENI TORTEL

Valle California 8,000 acres

VALLE CALIFORNIA REGIONAL MAP 07 Chaitén Esquel PACIFIC OCEAN LAGO ESPOLON Lake Yelcho Lake Espolón Futaleufú River Futaleufú ARGENTINA Villa Santa Lucía Frío River Puerto Ramírez RÍO PALENA Palena LAKE REGION AYSEN REGION Palena River Palena River Azul River VALLE CALIFORNIA Tigre River La Junta LAGO PALENA NATIONAL RESERVE

VALLE CALIFORNIA GETTING THERE 08 ACCESS THROUGH CHILE From Santiago to Valle California SCL 3:30 hours / 2 stops PUERTO MONTT PALENA 2 hrs 1 hr 30 min VALLE CALIFORNIA SANTIAGO ARGENTINA BUENOS AIRES 6:10 hours / 2 stops SCL PUERTO MONTT CHAITÉN VALLE CALIFORNIA CHILE 2 hrs 40 min 3:30 min PUERTO MONTT BARILOCHE 13 hours / 2 stops CHAITÉN ESQUEL SCL PUERTO MONTT CHAITÉN VALLE CALIFORNIA VALLE CALIFORNIA COYHAIQUE 2 hrs 8 hrs 3:30 min VALLE CALIFORNIA ACCESS THROUGH ARGENTINA From Buenos Aires to Valle California 5:30 hours / 1 stop BUENOS AIRES ESQUEL 2:30 hrs 3 hrs VALLE CALIFORNIA PACIFIC OCEAN ATLANTIC OCEAN PUNTA ARENAS

VALLE CALIFORNIA YOUR OWN PRIVATE RESERVE 09 Patagonia Sur s Valle California property has been permanently protected through an innovative and practical new Chilean legal agreement, the Servidumbre Voluntaria, that also accommodates a variety of sustainable land uses including agriculture, reforestation with native-species trees, eco-tourism, and a limited number of private residences.

VALLE CALIFORNIA CONSERVATION 10 100% 92% 8% of the reserve s 8,000 acres are governed by a Conservation Easemente (Servidumbre Voluntaria). of the property is designated as conservation land, permitting low-impact activities by the reserve s owners such as horseback riding, trekking, fly-fishing, birdwatching, and more). of the property is designated for the construction of private residences by the owners of the reserve. A maximum of 25 residences can be built in these Limited Development Areas.

VALLE CALIFORNIA LIMITED DEVELOPMENT AREAS (LDAS) 11 Valle California Each LDA has unique geographical, ecological, and scenic features that offer different experiences. PARCELS AVAILABLE PARCELS UNDER AGREEMENT PROPERTY LIMITS LA ESTRELLA 251 acres 10 parcels (5 available) To Palena 14 miles LAS LAGUNAS 43 acres 2 parcels (2 available) LA CONFLUENCIA 93 acres 4 parcels (0 available) EL MORRO 58 acres 3 parcels (3 available) LAGUNA CORAZÓN 36 acres 2 parcels (0 available) EL TIGRE ALTO 104 acres 4 parcels (4 available) To Reserva Nacional Lago Palena 4 miles

VALLE CALIFORNIA ADVENTURE OPPORTUNITIES 12 Horseback riding, lake and river kayaking, hiking on an extensive trail network, whitewater rafting and float trips, mountain biking, plus limitless opportunities for nature study and birdwatching.

VALLE CALIFORNIA FLY-FISHING 13 Valle California s world-class f ly f ishing in the Tigre and Azul Rivers and pristine alpine lakes is richly varied, and includes a range of trout and salmon species.

VALLE CALIFORNIA FAUNA 14 The property includes habitats and wildlife corridors for breeding and resident populations of a diverse range of species, including condors, pumas, the South American Gray Fox and the Magellanic Woodpecker.

VALLE CALIFORNIA LAGO PALENA NATIONAL RESERVE 15 The richness of Valle California extends far beyond its borders. Nearby attractions include the Lago Palena National Reserve (4 miles to the south), Futaleufú National Reserve, Corcovado National Park, Lago Rosselot National Reserve and Queulat National Park. * Photo: Lago Palena National Reserve

Lago Espolón 438 acres

LAGO ESPOLÓN LOCATION 17 Endowed with some of the most dramatic views around Futaleufú, our river and lakefront property on secluded Lago Espolón is encircled by majestic snow-covered mountains and is a paradise for water and nature lovers alike.

LAGO ESPOLÓN GETTING THERE 18 ARGENTINA ACCESS THROUGH CHILE From Santiago to Lago Espolón SCL 3:15 hours / 2 stops PUERTO MONTT 2:00 hrs 1 hr FUTALEUFÚ 15 min ESPOLÓN SANTIAGO BUENOS AIRES 6:30 hours / 3 stops CHILE SCL PUERTO MONTT CHAITÉN FUTALEUFÚ ESPOLÓN PUERTO MONTT BARILOCHE 2:00 hrs 45 min 3:30 min 15 min CHAITÉN ESQUEL LAGO ESPOLÓN FUTALEUFÚ ACCESS THROUGH ARGENTINA From Buenos Aires to Lago Espolón BUENOS AIRES 4:45 hours / 2 stops ESQUEL 2:30 hrs 2:00 hrs FUTALEUFÚ 15 min ESPOLÓN PACIFIC OCEAN COYHAIQUE ATLANTIC OCEAN PUNTA ARENAS

LAGO ESPOLÓN LOCATION MAP 19 GLACIER 6 MILES BLANCO RIVER CENIZA RIVER 162 ACRES (In process) Lago Espolón 276 ACRES ALTO ESPOLÓN RIVER LAKE ESPOLÓN FUTALEUFÚ 5 MILES FUTALEUFÚ NATIONAL RESERVE 12,5 MILES

LAGO ESPOLÓN PROPERTY 20 The property features almost a mile of lake frontage, the most prominent and spectacular peninsula on the lake, waterfalls, a beautiful beach, one mile along the Ceniza River, access to a nearby glacier, and proximity to the world-famous Futaleufú River.

LAGO ESPOLÓN ADVENTURE OPPORTUNITIES 21 The sapphire-blue Lago Espolón is ideal for sailing, canoeing, kayaking, swimming, and fishing. Emptying into the lake, the Ceniza, Blanco, and Espolón Rivers invite exploration, and impressive waterfalls, beaches, wildlife, and vistas reward hikers, kayakers, and horseback riders.

LAGO ESPOLÓN ADVENTURE OPPORTUNITIES 22 In the indigenous Mapudungun language, Futaleufú means "Big River," and its challenging Class IV and V white-water rapids more than live up to the name. Excellent fly-fishing waits around every turn.

LAGO ESPOLÓN CABINS 23 The property contains two intimate log cabins with lake frontage views. Each cabin is open-plan and accommodates up to six people, ideal for families with children or couples looking for a cozy retreat.

Río Palena 119 acres

RÍO PALENA GETTING THERE 25 ACCESS THROUGH CHILE From Santiago to Río Palena SCL 3:00 hours / 1 stop PUERTO MONTT PALENA SANTIAGO ARGENTINA BUENOS AIRES 2:00 hrs 1:00 hr 5:40 hours / 2 stops CHILE SCL PUERTO MONTT CHAITËN RÍO PALENA PUERTO MONTT BARILOCHE 2 hrs 40 min 3:00 hrs ESQUEL RÍO PALENA ACCESS THROUGH ARGENTINA From Buenos Aires to Río Palena 5:30 hours / 1 stop BUENOS AIRES ESQUEL 2:00 hrs 3:30 hrs PALENA PACIFIC OCEAN COYHAIQUE ATLANTIC OCEAN PUNTA ARENAS

RÍO PALENA LOCATION MAP 26 VALLE CALIFORNIA 12 MILES ARGENTINA 6 MILES PALENA AIRFIELD TOWN OF PALENA FUTALEUFÚ 47 MILES Río Palena 119 ACRES PALENA RIVER The property is located just outside the town of Palena, close to the town s main access road via the Carretera Austral.

RÍO PALENA RIVERFRONT 27 The property abuts the tranquil Palena River, host to world-class fly fishing. The nearby Futaleufú River beckons with worldfamous Class IV and V white-water rapids that provide thrills for even the most adventurous kayakers and rafting enthusiasts.

RÍO PALENA ORGANIC GARDEN AND ORCHARD 28 An organic garden and mature apple orchard produce fresh vegetables and fruits on-site, offering an opportunity for local school-children to learn about sustainable agriculture.

RÍO PALENA LOCAL CULTURE 29 Palena s friendly town residents form a lively and engaging community. During the annual February rodeo, events such as wild-horse riding embrace gaucho traditions.

RÍO PALENA LOCATION 30 The Río Palena property offers the best of both worlds: Proximity to a close-knit community and its comforts as well as an outdoor lifestyle with endless recreational opportunities.

Jeinimeni 3,114 acres

JEINIMENI REGIONAL MAP 32 AYSEN REGION ARGENTINA CERRO CASTILLO NATURAL RESERVE SAN RAFAEL NATIONAL PARK LAKE GENERAL CARRERA SAN RAFAEL LAGOON LOS LEONES JEINIMENI CHILE CHICO PACIFIC OCEAN NORTHERN ICEFIELD LAKE COCHRANE COCHRANE RESERVA NACIONAL JEINIMENI ESTANCIA CHACABUCO (Future Patagonia National Park) BAKER RIVER SAN RAFAEL NATIONAL PARK TORTEL

JEINIMENI LOCATION MAP 33 TO LAKE GENERAL CARRERA 19 MILES LAGO JEINIMENI 5 MILES (JEINIMENI NATIONAL RESERVE) LAS NIEVES RIVER Jeinimeni 3,114 ACRES FLAMINGO LAKE JEINIMENI RIVER TO CHILE CHICO 25 MILES CHILE ARGENTINA

JEINIMENI GETTING THERE 34 ACCESS THROUGH CHILE From Santiago to Jeinimeni SCL 3:15 hours / 1 stops 2:30 hrs CHILE CHICO 45 min JEINIMENI SANTIAGO ARGENTINA BUENOS AIRES 3:35 hours / 2 stops SCL BALMACEDA CHILE CHICO JEINIMENI CHILE 2:20 hrs 30 min 45 min PUERTO MONTT BARILOCHE CHAITÉN 6:35 hours / 3 stops FUTALEUFÚ SCL BALMACEDA 2:20 hrs 1:30 hrs PUERTO IBANEZ 2:00 hrs CHILE CHICO 45 min JEINIMENI BALMACEDA CHILE CHICO JEINIMENI COYHAIQUE PUERTO IBANEZ PACIFIC OCEAN ATLANTIC OCEAN PUNTA ARENAS

JEINIMENI LAGO JEINIMENI NATIONAL RESERVE 35 Jeinimeni is situated south of the town of Chile Chico and a mere 15-minute drive from the 390.000 acre Lago Jeinimeni National Reserve. Famous for its turquoise-blue lake, the reserve serves as a gateway to the future Patagonia National Park, slated to open in 2015.

JEINIMENI PIEDRA CLAVADA CIRCUIT 36 One of the region s highlights is the Piedra Clavada Circuit, a trekking route with impressive geologic formations and the Cave of the Hands, an ancient artistic legacy of the Tehuelche indians.

JEINIMENI PROPERTY 37 Located at the confluence of two rivers, including the pristine, turquoise-blue Jeinimeni River, the property is characterized by pockets of gorgeous native forest and stunning striated rock formations.

JEINIMENI PROPERTY 38 At the end of every summer, brown and rainbow trout from Lake General Carrera ascend the Jeinimeni River to spawn, resulting in incredible fishing at the border of the Jeinimeni Property that is largely unchanged since the arrival of settlers 100 years ago.

JEINIMENI FAUNA 39 This fauna-rich area is home to Guanacos, flamingos, ñandúes (small South American ostriches), Blacknecked Swans and Andean Condors.

JEINIMENI PROPERTY 40 This unique combination of wide-open pampas, forest, and sculptural rock formations sets the scene for truly memorable hikes.

Tortel 3,548 acres

TORTEL REGIONAL MAP 42 AYSEN REGION CHILE ARGENTINA SAN RAFAEL NATIONAL PARK LAKE GENERAL CARRERA SAN RAFAEL LAGOON NORTHERN ICEFIELD LOS LEONES LAKE COCHRANE CHILE CHICO JEINIMENI RESERVA NACIONAL JEINIMENI ESTANCIA CHACABUCO (Future Patagonia National Park) PACIFIC OCEAN COCHRANE PARQUE NACIONAL SAN RAFAEL TORTEL BAKER RIVER

TORTEL LOCATION MAP 43 LAKE STEFFENS AND GLACIER Tortel 3,548 ACRES SAN RAFAEL NATIONAL PARK STEFFENS FJORD CALETA TORTEL 18 MILES

TORTEL GETTING THERE 44 ARGENTINA ACCESS THROUGH CHILE From Santiago to Tortel 3:15 hours / 1 stops SCL BALMACEDA TORTEL 2:15 hrs 1:00 hr SANTIAGO BUENOS AIRES CHILE SCL 8:45 hours / 2 stops BALMACEDA CALETA TORTEL TORTEL PUERTO MONTT FUTALEUFÚ SAN MARTÍN BARILOCHE CHAITÉN FUTALEUFÚ 2:15 hrs 5 hrs 1.30 hrs COYHAIQUE CHILE CHICO BALMACEDA PERITO MORENO TORTEL PACIFIC OCEAN ATLANTIC OCEAN PUNTA ARENAS

CALETA TORTEL CULTURAL HERITAGE 45 Caleta Tortel is a charming, roadless village of stilt homes connected by miles of quaint wooden walkways. The town is one and a half hours from our property.

TORTEL LOCATION 46 Located 18 miles to the north of Caleta Tortel, the property is a hikers paradise, situated on a stunning fjord at the foot of the Steffens Glacier and overlooking the 4,304,575 acre Laguna San Rafael National Park, a UNESCO Biosphere Reserve.

TORTEL FAUNA 47 Numerous bird species such as the Magellanic Horned Owl and Southern Crested Caracara Falcon are found on the property. Nature watchers may also spot pumas, huemules, or a rare Guiña, the world s smallest wildcat.

TORTEL WATER RIGHTS 48 Extractive water rights for over 1 billion gallons/year of pristine glacial water are included with the property.

Melimoyu 39,680 acres SOLD

MELIMOYU REGIONAL MAP 50 CHILOE ISLAND LAKE YELCHO ARGENTINA LAKE REGION PACIFIC OCEAN MELIMOYU LA JUNTA VALLE CALIFORNIA LAKE PALENA NATIONAL RESERVE LAKE ROSSELOT PUERTO PUYUHUAPI LAKE VERDE PUERTO CISNES AYSÉN REGION

MELIMOYU LOCATION 51 Melimoyu contains untouched native forests, rivers, lakes, waterfalls, and oceanfront - all at the base of the majestic, glacier-covered Mount Melimoyu. Each summer, the Southern Hemisphere's population of blue whales congregates just off the coast to deliver their calves.

Los Leones 1,289 acres SOLD

LOS LEONES REGIONAL MAP 53 AYSEN REGION ARGENTINA CERRO CASTILLO NATIONAL RESERVE SAN RAFAEL NATIONAL PARK LAKE GENERAL CARRERA PACIFIC OCEAN SAN RAFAEL LAGOON NORTHERN ICEFIELD LOS LEONES LAKE COCHRANE COCHRANE JEINIMENI RESERVA NACIONAL JEINIMENI ESTANCIA CHACABUCO (Future Patagonia National Park) CHILE CHICO SAN RAFAEL NATIONAL PARK BAKER RIVER TORTEL

LOS LEONES LOCATION 54 Los Leones is a spectacular, glacier-filled valley abutting Lago General Carrera, the deepest and second largest lake in South America, and the most important freshwater body in all of Patagonia. Los Leones Glacier is recognized as an ideal entrance to the Northern Patagonian Icefield.

For further information please contact us at Inquiries@PatagoniaSur.com CHILE San Sebastian 2957 Las Condes, Santiago, Chile (+56 9) 9759 7872 UNITED STATES PO Box 2428 Edgartown, MA 02539 +1 508 939 3667