March 5, 2014

1. IFC Venture Capital Group Presentationfor Beijing Energy Network / Beijing Energy & Environment Roundtable March 5, 2014

2. Contents • IFC at a Glance • IFC’s Venture Capital (VC) Expertise • Work with Us • VC Portfolio • VC Investment Team • VC Case Studies

3. IFC: Part of the World Bank Group ICSID International Center for Settlement of Investment Disputes IFC International Finance Corporation IDA International Development Association MIGA Multilateral Investment and Guarantee Agency IBRD International Bank for Reconstruction and Development Guarantees of private sector investment’s non-commercial risks Loans to middle-income and credit-worthy low-income country governments Interest-free loans and grants to governments of poorest countries Solutions in private sector development Conciliation and arbitration of investment disputes

4. IFCOverview • IFC is the member of the World Bank Group focused on the private sector • Founded in 1956 with 184 member countries • Largest multilateral source of loan/equity financing in Emerging Markets • Over $97 Billion Invested Since 1956 • AAA-rated by S&P and Moody’s • Equity, quasi-equity, loans, risk management and local currency products • Takes market risk with no sovereign guarantees • Promoter of environmental, social, and corporate governance standards • Resources and know-how of a global development bank with the flexibility of a merchant bank • Holds equity in over 756 companies worldwide across the following sectors: - Agriculture - Financial Markets - Manufacturing Service - Health & Education - Infrastructure - Oil, Gas and Mining - Telecoms, Media & Technology • Holds $77.5 Billion in total assets on the balance sheet

5. IFC’s Three Businesses Investment Services Advisory Services IFC Asset Management Company • Loans • Equity • Syndicated loans • Trade finance • Structured financeand securitized products • Risk management products • Local currency financing • Access to finance • Environmental and Social sustainability • Investment Climate • Public-Private Partnerships • Infrastructure advise • Wholly-owned subsidiary of IFC founded in 2009 • Investsthird-party capital alongside IFC in a private equity format • Allows equity investors to benefit from IFC’s expertise in achieving strong equity returnsas well as development impact $18.3 billion invested in FY13, $49.6 billion committed portfolio Over $200 million in fee income annually (FY13) $5.5 billion under management (FY13) In USD as of 30 June 2013

6. IFC Invests across all Regions and Sectors $18.3 billion invested in FY13

7. IFC’s Priorities Long-term client relationships in emerging markets Frontier markets Strategic Focus Areas Climate change and environmental & social sustainability Local financial markets Constraints to private sector growth in infrastructure, health, education, & the food supply chain

8. IFC’s Global Reach • 100+ country and regional offices worldwide, AAA credit rating • 4,000+ staff (57% are based outside Washington DC) Moscow Almaty Washington Istanbul New Dehli Cairo Mexico City Hong Kong Dakar Port-of-Spain Bogota Nairobi Johannesburg Sao Paulo Beunos Aires IFC HQ/Hub Offices IFC Operational Centers IFC Country Offices

9. IFC at a Glance • IFC’s Venture Capital (VC) Expertise • Work with Us • VC Portfolio • VC Investment Team • VC Case studies

10. IFC Venture Capital Mission While being at the forefront of technological trends and leveraging our convening power, global platform and patient capital base, we foster innovation as well as technology transfer to emerging markets with the continued goal of delivering outsized and measurable development impact.

11. Accelerate High Impact Early Stage Innovation for Emerging Markets IFC Track Record in Venture Capital

12. Strategic Sectors of Focus Smart Systems Energy E-commerce Business2Business, Business2Consumer Consumer2Consumer Renewables and Generation Energy Storage and efficiency LED Smart grid, Smart buildings Embedded IT Industrial Biotech Water-tech Agri-tech Environmentally friendly Bioderived Chemicals/Fuels/Materials for various applications Land management Natural pesticides natural fertilizers Cold chain logistics Filtration & purification Water conservation Wastewater treatment Telemedicine, healthcare IT, cost efficient innovative devices for human health Waste Recycling Waste to Energy Edu-tech Med-tech Online education Remote learning Innovative learning models Telemedicine Healthcare ITInnovative devices for human health Recycling services Waste treatment Waste to fuel 12

13. How do we define Early-Stage? • Weak Financial Sponsor • Multiple short term capital raisings • Complex and multilayered capital structure Post Technology Risk <-> Pre Mainstream Industry Departments • Small deals (albeit not always) • Disruptive market change • Technology or business model innovation Growth Mid/Large Cap Mature Incubation Early-stage Friends/family, non-institutional PE, some late stage VCs, some debt IFC, PE, debt investors, public markets Investor profile Venture Capital High Risk – Post product development, some revenues, high growth Speculative –conceptual plays, incubation Medium – Likely profitable Low Risk profile Deal size US$ [1- 15] mm US $5-25 mm > US$ 30 mm < US$ 1 mm Market, execution and exit risks, some technology risk Technology risk, very limited exits Pricing, M&A, margins Investment risk Late stage execution risk Industry Departments IFC Department Industry Departments Venture Capital team InfoDev

14. IFC at a Glance • IFC’s Venture Capital (VC) Expertise • Work with Us • VC Portfolio • VC Investment Team • VC Case studies

15. IFC’s Venture Capital Team: A Valuable Partner Core competence in emerging markets • Decades of experience as largest multilateral source of equity financing in emerging markets ü Patient capital ü Full cycle capital access • Can seamlessly deliver financial products according to company maturity ü Deep domain expertise • Deep knowledge across sectors, with technology expertise ü Breadth of global network • Network at local level, across stakeholders ü Convening power • Ability to catalyze co-investors ü Active portfolio management • Expert investment team can add significant value with hands on involvement ü

16. IFC Venture Capital has developed a strong network of co-investors…

17. Investment Products and Returns Late Venture & Early Growth Companies Cleantech Innovation Facility • Late venture and early growth companies with some revenue traction • Moderate technology and commercial risk • Select transfer of technology plays • 5-7 year exits • $5-15 MM per investment • For moderate to high risk early stage companies in new technologies or sectors with high development and climate impact, with particular focus on the poorest countries (IDA) (< $5M investments). • High risk in early stage companies with high potential growth impact • High technology risk • Typically transfer of technology plays and new business models • 7-10 year exits • $3-10 MM per investment

18. IFC at a Glance • IFC’s Venture Capital (VC) Expertise • Work with Us • VC Portfolio • VC Investment Team • VC Case Studies

19. Snapshot of Portfolio Companies Attero Recycling Private Limited (India) is a pioneer in the nascent domestic e-waste recycling market that operations across the full spectrum of the e-waste recycling activities. Organica Water (Hungary) has developed and is deploying a next-generation wastewater treatment solution, using plant roots, that treat and recycle wastewater in significantly less space, using less energy, and generating less sludge than conventional treatment plants. Microvast, Inc (China) is agrowing research and technology driven company offering advanced power solutions for applications including electric vehicles, electric bikes, and power tools, as well as patented battery materials. Fluidic Energy (USA) is a provider of energy storage solutions with significant operations in Southeast Asia. The company supplies zinc-air batteries to support critical loads and backup power applications worldwide. The company’s products include remote site management, multi-year performance warranties and innovative financing terms. Kaiima (Israel) is a plant breeding technology companythat has developed an innovative non-GMO technology platform. which promises to deliver yield improvements across a variety of cropsthat reduce production costs, energy requirements and land use. 19

20. IFC VC – Overview of Committed Investments to date CVentures $8 MM Equity Kaiima $10 MM Equity… QD Jason $6 MM Equity TPG ART $25 MM Equity …… Tianren Ecology $8.5 MM Equity …… Organica $4 MM Equity World, 2013 World, 2014 China, 2013 World, 2012 World, 2013 Brazil, 2013 China, 2013 SINOGREEN FUND Nereus Capital $20 MM Equity Kalkitech $1.35 MM Equity… Ecolibrium $1 MM Equity Haitai $9 MM Equity RenewGen Ventures $2.2 MM Project equity Sinogreen Fund $20 MM Equity Infuse Capital $5 MM Fluidic Energy $7 MM Equity India, 2012 India, 2012 India, 2012 China, 2012 India, 2012 Sri Lanka, 2012 China, 2011 Attero Recycling $5 MM Equity & Convertible Azure Power $4.5 MM Equity, $5.5 MM Convertible, $1.84 MM Rights Issuance Applied Solar $10 MM debt, $5MM Equity, $3.3 MM Equity Shuoren Energy $8 MM Equity …… Microvast $25 MM Equity Sunpreme Silicon $25 MM Equity Husk Power Systems $0.4 MM Convertible India, 2010 China, 2011 China, 2009 China, 2011 India, 2010-2012 India, 2010-2012 India, 2010 20

21. IFC at a Glance • IFC’s Venture Capital (VC) Expertise • Work with Us • VC Portfolio • VC Investment Team • VC Case Studies

22. Nikunj Jinsi, Global Head Washington, DC VC Team (DC, Beijing and Mumbai) - Decades of Experience Hoi Ying So, Investment Officer., Washington, DC Ruzgar Barisik, Senior Investment Officer Washington, DC Sobhi Mahmassani, Assoc. Investment Officer, Washington, DC Pravan Malhotra, Principal Investment Officer Mumbai, India Qinglong Meng, Investment Analyst Beijing, China Sean Petersen, Senior Investment Officer Washington, DC Isabel Ramberg, Investment Analyst Washington, DC Peter Cook, Senior Investment Officer, Beijing, China Nikhil Tambolkar, Investment Analyst Mumbai, India Xiaomin Mou, Investment Officer Beijing, China

23. IFC at a Glance • IFC’s Venture Capital (VC) Expertise • Work with Us • VC Portfolio • VC Investment Team • VC Case Studies

24. Case Study – Organica Water • Organica Water is a Budapest based technology company that has developed and is deploying a next-generation wastewater treatment solution. Organica's technology creates engineered ecosystems, using plant roots, that treat and recycle wastewater in significantly less space, using less energy, and generating less sludge than conventional treatment plants, and thanks to much better odor control integrate well in urban environments.  The technology was conceived in 1998 and the Company has since completed 28+ installations operating worldwide, including in Hungary, France, China and Poland, some for as long as 10 years. In December 2012, IFC led the $10M Series B equity round and invested $4 M. • More recently Organica has focused its sales in IFC markets, primarily China, Turkey, Indonesia, India as well as Russia, Ukraine, Eastern Europe and the UK.  IFC's investment will support the Company's growth in emerging markets with a focus on Asia and ECA. Wastewater Treatment Hungary Organica Water IFC Total US$4 million Equity Dec 2012 IFC Value Add: • IFC local network and knowledge: Organica has access to IFC’s regional and local staff in China, India, Turkey, Russia, Ukraine and Indonesia, where IFC has active investment, advisory and PPP programs in water infrastructure and utilities. IFC is able to provide knowledge and support to the Company as it navigates through local regulatory framework for municipal wastewater management. • Introduction to clients: Through IFC’s existing client base and partners network, IFC has introduced Organica to new sale opportunities: • Private water and sanitation utility in Brazil; • Listed water and wastewater treatment solutions provider in China; • Listed water service utility company in the Philippines; • Industrial clients in the textile sector in Bangladesh.

25. Case Study – Kaiima • Kaiimais an Israel based plant breeding technology company, which promises to deliver strong yield improvements across a variety of crops that reduce production costs, energy requirements and land use. The technology has the potential to create a transformational change in the seed industry. Kaiima’s seed technology improves cultivation in areas that are experiencing changing climates, especially in China (wheat in the South), Kazakhstan, South Africa, etc. • The company operates under three segments: • High-impact food crops, such as wheat, rice and corn, which are critical for basic global nutrition; • Industrial crops, such as castor, canola and sugarcane, supporting renewable energies; • Vegetables, which the Company is now selling in multiple markets around the world; • Kaiima'snon-GMO technology is also targeted at no-till applications for smallholder farmers. • Kaiima was named as a Global Cleantech 100 company. Bio Agri-Tech Israel Kaiima IFC Total US$10 million Equity 2013 IFC Value Add: • IFC local network and knowledge: IFC is able to provide knowledge and support to the Company as it seeks to expand into new markets. IFC focuses on ensuring E&S best practices, improving corporate governance and guiding the Company's emerging markets strategy. • IFC catalyzed other investors in participating in the Company’s investment round.

26. Contact International Finance Corporation Venture Capital (CTTVC) 2121 Pennsylvania Avenue, NW Washington, DC 20433 USA NikunjJinsi Global Head, Venture Capital Media Inquiries: Josef Skoldeberg Communications Officer Tel: 1 202-473-6978 / Email: jskoldeberg@ifc.org

27. Appendix

28. Deep knowledge across sectors, gaining technology expertise ü Deep technology expertise, building sector knowledge ü General knowledge in sectors, lack of technology expertise ü û Limited in many dev-eloping geographies, especially IDAs û Limited in many dev-eloping geographies, especially IDAs ü Breadth of global net-work, at local level, across stake-holders Can seamlessly deliver financial products according to company maturity û ü ü Deploys only early stage capital Limited ability to fund across capital structure due to incentives ü Core competency û Extremely limited ü Experience from a decade in IT VC IFC’s VC is uniquely positioned to accelerate early stage innovation in the developing world Success factors Venture funds Investment banks IFC Venture Capital Relevant domain expertise (tech + sector) Global network of local expertise Full cycle capital access Company building expertise 28