May 19, 2020

To Whom it May Concern

Re: Mandate for Lesley Chiloane to represent MOSS in SA, Botswana, Lesotho, Namibia, Mozambique and the
rest of SADC & Africa.

As Founder and CEO of Models of Success and Sustainability (MOSS) www.moss.org.au an Australian based industry
body for Corporate Responsibility and Sustainability, it is my pleasure to acknowledge that Mr. Lesley Boitimelo
Chiloane, a South African citizen with a Passport No: A04315809, and a Director of Bosa International (Pty) Ltd,
who’s registered address Tlali Sekhaila, Labour Building Cathedral Area, Maseru 100 (Lesotho) and 20181 Andries
Section Majakaneng, Bapong - Brits, 0359 (South Africa) respectively, has a mandate to represent us, in terms of
identifying, negotiating, receiving and submitting ‘Projects’ falling within the in the Agriculture, Agri-Business,
Mining, Renewable & Green Energy and Infrastructure Development and related industries for consideration for
Investment and Funding with us.
For the past 15 years, Australian based MOSS has supported business, government and community organizations
by providing innovation, education, training, tools, networking and advice to drive sustainability and competitive
business success. More recently we've partnered with an array of investment groups globally to support zero waste
low carbon economies through the roll out of clean technology and the development of much needed infrastructure.
Our innovation specialization is the Blue Economy – 100 innovations inspired by nature with zero waste to achieve
100 million new jobs in 10 years.
Our investor groups are broad and include impact investors and humanitarian funders who support a wide array of
projects to unlock capital for sustainability, as without this important global finance sector, humanity stands little
chance of solving some of the most pressing challenges of our time. We also have private equity partners, family
offices and debt funders. The collective team of one of our specialist infrastructure debt funders has raised in excess
of $80b for infrastructure projects. With Africa seeing many of the fastest growing economies in the world, we are
delighted that Lesley can represent us and our funders, to be able to support the economic development of the
region and give them the same opportunities afforded other more developed economies.

Clean technology, hospitals, renewable energy and infrastructure (roads, rail, shipping, airports, real estate, hotels,
universities, telecommunications, manufacturing among others) are our sweet spots where there is a strong
economic business case with environmental and social benefits – but we will consider all projects including funding
for business growth and expansion, provided they create no harm to the environment and or the communities in
which they operate.

We also specialize in stakeholder engagement so that projects have a robust methodology to follow to ensure
projects are not delayed and that they bring sustainable livelihoods to the communities in which they operate.
How our groups fund varies dramatically dependent upon the project, how much equity is available, if we can secure
a green bond or if there is a bank guarantee, sovereign guarantee or cash collateral available to secure a 100% debt
facility (see listed criteria in Addendum A). And because we use traditional infrastructure funding, the interest rates
are highly competitive, with flexibility for loan terms and allowance for payment holidays etc whilst projects are
under construction.
Typically, we fund shovel ready projects $100m and above. For example, we are currently funding a 200MW solar
farm in the Philippines at the moment for $200m, but we are also working on a $29b infrastructure project in
Canada.
Timelines vary dramatically but typically smaller projects can be turned around in less than three months if they
are shovel ready with all approvals, a cash collateral or quality bank/sovereign guarantee and a quality data room
for due diligence.

We would be glad to support both private and public sector projects.

We do not charge any upfront fees and are dependent upon the funder, however our typical fees are:
- 5% of the gross Equity capital and or debt raised in any single transaction up to $500m USD.
- 3% of the gross Equity capital and or debt raised in any single transaction over $500m USD up to $1b USD.
- 1% of the gross Equity capital and or debt raised in any single transaction over $1b USD up to $5b.
- .5% on all funds raised in any single transaction over $5b

paid upon receipt of funds – so we only get paid upon success.

Our goal is to work closely with Lesley, project owners and the government to support economic development in
Africa.

Our processes are simple – project owners are to sign NCNDAs to ensure their project information is kept
confidential, we then receive the project summary, business plan and financials for us to study and check our
investors’ appetite. If the project is approved by our team, we will engage into the funding process. This will
include signing a fee agreement to protect our efforts. Once all this is in place, if the project passes due diligence,
our investors can often provide a draft discussion of funding terms within 30 days.

Every project is different and thus a different approach is required, however I trust this gives you an
understanding of how we work with project owners.

We look forward to working with you and your team in the coming days, weeks and months to support Africa’s
sustainability, economic development and investment needs.

Kind regards

Anne-Maree McInerney
Founder and CEO - Models of Success and Sustainability
 Addendum A

100% Debt finance can be provided to infrastructure projects with positive economic, social and environmental
outcomes. Some of the categories are listed below to provide the scope of investments made.

Condition of finance however is that the project owner or an independent investor or EPC contractor provides a
cash collateral for 20% of the total project value for the period of development. Alternatively, project owners can
provide a Bank Guarantee, Green Bond, Sovereign Guarantee or SBLC – all must come from top tier banks and be
pre-approved by the lender.

The 20% cash collateral is 100% safe, is non-depleting and remains in a bank account with the owner as a
signatory. It is used to show commitment and the veracity of the project. At the end of the project development
period – usually 12 months, the cash collateral is returned to the owner of the funds or alternatively can be used
to pay down the debt facility – your choice. On occasion land or inground assets can be used as security to obtain
a cash collateral to fund projects.

There is flexibility of terms and grace periods/payment holidays can be allowed for during construction and for
initial production etc. There are no upfront fees, with highly competitive infrastructure interest rates.

Wind, Solar, Geothermal, Bioenergy, Hydro,

Energy Storage, Upgrade of existing energy
infrastructure

Transport Rail, Aviation, Marine, Aircraft, Private & Public

Agriculture, Aquaculture, Cleaning River

Water
Systems, Storm Water, Dams

Residential, Commercial, Urban Development,

Buildings
Tourism, Sport

Agriculture, Forestry, Fisheries, Supply Chain

Land Use & Marine Resources
Management

Recycling, Cement, Steel, Iron, Titanium, Gold,

Industry
Aluminum, Glass, Chemicals, Oil and Gas

Waste Recycling/Upcycling; Waste to Energy/Fertilizer

Hospitals, Clinics, Wellness Centers, Nursing

Health
Homes, Retirement Villages

Manufacturing plants/Production Facilities,

Agriculture/Aquaculture
Carbon Sinks

This debt funding is provided without the need to share equity.

100% Equity funding is also available for projects, but these investors often required majority shareholding taking
control away from project developers – however this is sometimes the only way projects can be funded. Know we
will also work to bring the best fit of values, experience and funding to each project.