Titre du documentDate- 1 -

WASTE WATER TREATMENT PLANT MARIBOR SLOVENIA

PUBLIC PRIVATE PARTNERSHIP B.O.T. PROJECT

Belgrade, November 2014 Philippe Jausserand

Senior Vice President International DevelopmentSUEZ ENVIRONNEMENT

Titre du documentDate- 2 -

WASTE WATER TREATMENT PLANT MARIBOR REFERENCE B.O.T. PROJECT FOR SOUTH EAST EUROPE

Project description :

– Primary, secondary, tertiary WasteWatertreatments

– Sludge dehydratation

– 195.000 Populationequivalent

– Development: 1998-2000 – Construction : 2000-2004– Operation : 2004-2024

Titre du documentDate- 3 - MARIBOR WWTP - B.O.T. MODEL

�Build� Design� Construction� Financing

�Operate� Operation (Performance requirements –

Effluent quality)

�Transfer� Ownership reverted to Municipality at

contract end (2024)

Titre du documentDate- 4 - BOT STRUCTURE

Titre du documentDate- 5 - AQUASYSTEMS’ SHAREHOLDERS

PETROL d.d. (Slovenia) 26 %

SUEZ ENVIRONNEMENT (France) 21 %

AQUA.NET (Austria) 21 %

DEGREMONT (France) 19 %

PORR INFRASTRUKTUR (Austria) 10 %

STYRCON (Austria) 3 %

Titre du documentDate- 6 - MAIN RISKS ALLOCATION

Maribor municipality Private sector

Acquisition of lands for WWTP construction

All risks with regards to Organization, execution and financing of

the project

insurance and regulation of the inflow to the plant

Risks linked to design and construction of the plant

Measures for insuring the payment of Service Risks linked to operation of the plant

Each party carries the risks that it is best able to manage

This provides sustained effective performance

Titre du documentDate- 7 - MARIBOR - CHRONOLOGY

• August 1994 Pre-qualification• June 1995 International Tender• January 1997 Suez ENV Preferred Bidder• January 97/June 98 Negotiation• 29 July 1998 Contract signing

Development period

• 16 November 1999 Construction contract signed• 28 April 2000 Signing of the Loan Agreement • 09 June 2000 Starting of the Construction • 10 June 2002 Start of operation Phase 1• 10 Feb 2004 Start of operation Phase 2• 15 Dec 2005 Final operating permit

Operation period until 2024

Titre du documentDate- 8 - FINANCING OF THE INVESTMENT

� Total Project cost 43 M €

� Equity (by shareholders) 30%

� Debt (EBRD syndicated loan ) 70%

Titre du documentDate- 9 -

MARIBOR WWTP OPERATION ACTIVITIES

• Activities

• Operation

• Maintenance

• Repair

• Renewal

• Monitoring

• Laboratory

• Quality control

• Operation Team

• Fully automated plant (SCADA supervision)

• 9 staff for operation

• 1 Operation Manager

Titre du documentDate- 10 - MARIBOR WWTP

Titre du documentDate- 11 -

BENEFITS THAT WWTP BRINGS TO MARIBOR COMMUNITY

• Aquasystems contributes to sustainable development of the Maribor economy and well-being of its population:

- Full compliance with most demanding slovenian and EU environmental protection standards

- Local subcontractors have executed more than 70% of the costruction value

- R&D cooperation with technological local actors

- Good cooperation with schools and local organisations aiming to increase the environmental protection awareness of Maribor population(open door events, excursions, presentations)

- Sponsoring and donations to Maribor’s educational institutions, local community

Titre du documentDate- 12 - CONCLUSION

• Successful delegated management in the region, combining Private Sector, EBRD private loan, commercial banking sector and E.U. funds

• Necessity of political support and commitment for a long-lasting partnering (20 to 30 years)

• Balanced contract custumized to the capability of the Client

• PPP is a way of financing infrastructure in a context of increasing technical, financial and performance requirements