Authorised Financial Services Provider – 46526 – Registration Number: 2015/298230/06 - SARS Registration Number - VCC – 0031

INVESTPERFORMIMPACT

WHAT IS 12JSection 12J refers to a section in the South African Income Tax Act which provides a tax incentive for individuals, trusts and companies who invest in a SARS approved Venture Capital Company (VCC). Investors can claim a 100% deduction against their taxable income in the year in which the investment is made.

There has been exponential growth within 12J as more individuals and companies are allocating capital to

this maturing asset class.

Decentral Energy Capital (“DEC”) seeks

to generate returns through a portfolio of diversified energy assets targeting a 19% exit IRR for investors both in the form of steady bi-annual dividend

yields and realised capital growth upon an

investor’s exit.

* Power Purchase Agreement – A long term energy supply contract entered into between the energy provider and the customer fixing the price and other commercial terms in order to secure project revenue and guarantee energy supply for the duration of the agreement

Fund mandate to invest in clean energy and water assets

Managed and Governed by an experienced team of experts, committed to sustainable investments for all investors and partners of the Decentral family.

Commercial and industrial installations underpinned by PPA”s *

Decentral Energy Capital (DEC)

Investor returnsIndicate investor returns are projected as follows:

YEAR INVESTMENT ONE TWO THREE FOUR FIVE

Investment into GEL R1 000 000

Section12J Allowance R450 000

Net Investment R550 000

YIELD

Gross distribution to Investor R75 000 R82 500 R87 500 R92 700

Dividends Witholdings Tax -R15 000 -R16 500 -R17 500 -R18 540

Net Distributions to Investor R60 000 R66 000 R70 000 R74 160

EXIT

Gross exit value to Investor R1 040 000

CGT @18% -R187 200

Net exit value to Investor R852 800

TOTAL

Total Investor Cashflow -R550 000 R60 000 R66 000 R70 000 R74 160 R852 800

X money on Risk Capital 2.04

IRR on Risk Capital (Gross) 20.4%

IRR on Risk Capital (Post DWT) 18.1%

Returns tableMaximum investment: R5 million

Minimum investment: R212 000

Targeted Exit IRR: 20.4%

Times money: 2.04

Tax efficiency: 100% Tax-Deductible

Social and Environmental benefits

Chairman, Non-Executive Director

Mafika holds two Bachelor degrees in Applied Mathematics and Science Electrical Engineering. He has served as CEO as well as the Non-Executive Chairman of Transnet, Chairman of Letseng Diamonds and Non-Executive Director of Nedbank. He was also previously a Non-Executive director for Eskom, Stefanutti, and Stocks and the Non-Executive Chairman of Hulamin. He is currently a Non-Executive Director of MSC South Africa and is directly involved in 1 EPCM specialising in photovoltaic electricity and Renewable Energy Systems as well as being indirectly involved in a Wind Energy through Resolux Africa.

Non-Executive Director

With a BSc degree in Industrial Engineering and a MSc degree in Sustainable Energy Engineering, Luel co-founded Sidala Energy Solutions, a renewable energy development and consulting firm which has developed four projects for the Renewable Energy IPP Procurement Programme. He has deep energy experience and specialises in integrating the legal, technical, financial aspects of renewable energy projects.

LUEL CULWICK

MAFIKAMKWANAZI

Ways to participate

INVESTOR – to find out more get in touch with

avi@decentral.co.za

INVESTEE – to find out

more contact

investee@decentral.co.za

DISTRIBUTOR– to join as a distributor

get in touch with

avi@decentral.co.za

Value add for our clients

We provide an off balance sheet no capital expenditure solar funding solution.

Monthly energy savings of 30-40% of energy supplied by our installations.

Roof rental offers to landlords that increase building yield.

Our technical team will oversee the installation by a reputable EPC contractor using tier 1 equipment. Furthermore, our contracting structure mitigates the risk of non-performance which is common in a market flooded with suppliers.

Predictable price increases- Nersa/Eskom is currently at double digit rates while our clients and their tenants can expect predetermined increases (generally CPI linked)

sees more than

of Carbon Dioxide

– which equates to plantingemissions avoided

invested into

Portfolio projectNorthmead Mall

Capacity 507kw IRR - 17%

Investment Size R6 Million PPRRA

Additional income to Landlord - R310k p.a

Non-Executive Director, IC Member

Jeff holds a B.Com B.Acc CA, specialising in Accountancy and Finance and with over 30 years of investment experience, is a member of the sub-committee of SAVCA. He is a start-up specialist, having founded and sold numberous companies that include Brandcorp, KNR Flatrock, Balboa Finance, Born Free Properties, Eurosuit, Bride & Co, Redwood Capital and Seed Engine.

Non-Executive Director, IC Member

Malcolm holds a B.Com CA (SA) CPA (ISR) degree and is a member of the Special Credit Committee of the Industrial Development Corporation of South Africa, as well as the Listings Advisory Committee of the Alternate Exchange of the Johannesburg Securities Exchange. Previously, he held the positions of Managing Partner and National Executive Chairman at Grant Thornton Chartered Accountant and Business Advisors before going on to establish a private equity investment fund later acquired by Sasfin Holdings

Limited.

Non-Executive Director, IC Member

Doug is Chairman of “The Smollan Group” which employs roughly 79 000 people and has a presence in 5 continents and 60 countries. Doug served as President of Young Presidents Organisation Worldwide in 94/95, the second Non-American in 50 years at that time and continues to be an active WPO/YPO member. He was Founding Member and Chairman of Business Against Crime (“BAC’), Gauteng in 1997 and in 2000. He was also the Founding Member and is currently on the Board of the Consumer Goods Council of South Africa Anti-Crime initiative since 2000 which is in its 19th year and has a registration of all retailers and manufacturers in

South Africa.

Non-Executive Director, IC Chairperson

Elekanyani is a qualified engineer; she graduated with a Bachelor of Science in Electrical Engineering from the University of Cape Town. She is professionally registered (Pr. Eng.) with the Engineering Council of South Africa and is a Member of the South African Institute of Electrical Engineers. Has worked for the likes of Sasol, Eskom, Pele Energy Group and Aurecon. Where she held various directorships and roles most notably being the director responsible for the Energy market across the African market for Aurecon. She is also a member of Phato Investment Cooperative. Her experience in the energy sector includes petro-chemical, large scale infrastructure, refurbishment and green field renewable energy projects. It also includes project engineering, project management, project finance and business development with a power generation background.

Fund Manager

Avi has significant commercial experience at various levels within organisations. He studied financial accounting and is completing his MBA. With a passion for investments and Renewable Energy, his main focus is the setting up of appropriate channels through which to raise

further capital.

Non-Executive Director

Christian holds two Master’s degrees in the field of renewable energy and is a co-founder of Decentral Group. Christian has focussed all energy into maximising development and equity returns to investors by entrenching himself in all commercial and technical aspects of the project pipeline. Being a project owner, he has developed a passion for deal making and has gained significant legal and commercial experience in project development and implementation.

JEFF MILLER

CHRISTIANBODE

ELEKANYANINDLOVU

AVIGORDON

MALCOLMSEGAL

DOUGSMOLLAN

T | 011 568 2347

W | www.decentral.co.za

A | 164 Katherine Street, Pinmill Office Park,

Building 2, Sandton, Johannesburg, South Africa, 2196

Authorised Financial Services Provider – 46526 – Registration Number: 2015/298230/06 - SARS Registration Number - VCC – 0031