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Notice

This presentation is intended solely for discussions betweenWaste to Watts Ltd (“W2W”) and the recipients to whom thematerial is provided ("Recipient(s)"). This document containsW2W proprietary information released on a strictlyconfidential basis. No part of this document may bedistributed, copied or otherwise shown to any third partywithout the prior approval of W2W. The Recipient(s) alsoagree(s) not to discuss the information herein and keep thedocumentation and information safe and secure.

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Index

• Who we are

• Our experience

• Our approach

• The worldwide case for Waste to Energy

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• WHO WE ARE

• Our experience

• Our approach

• The worldwide case for Waste to Energy

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Who we are

We rely on extensive engineering know-how and longstanding operational management skills built on over 50 years of combined experience ranging in:

• waste management

• incineration

• energy recovery in the form of hot water, steam and electrical power

“We are inspired by the ecology and

the air quality of the Alps”

Heinrich Hafner - Partner

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• Who we are

• OUR EXPERIENCE

• Our approach

• The worldwide case for Waste to Energy

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special, hospital and industrial waste

Experience in or with the design and construction of "Waste to Energy" facilities

AND experience in or with the design and construction or upgrade of

conventional facilities for:

HAFNER BOLZANO

Italie Italie

Selected experience

all types of biomass

municipal solid waste

VIRI

Italie

PUTO ZAGREB

Croatie

HAFNER BOLZANO

Italie

MISTRAL FVG

Italie

FZ. KARLSRUHE

Allemagne

ENTSORGA VADENA

Italie

BASF

VENEZUELIENNE

Vénézuela

KKK-SIEMENS

Allemagne

DUPONT HAMM

Allemagne

ZAK KAISERSLAUTERN

Allemagne

CIS AGLIANA L2+3

Italie

SIENA AMBIENTE

Italie - Poggibonsi

AAMPS. LIVOURNE

Italie

CIS AGLIANA L1

Italie

ENKENBACH BIOMASS

Allemagne

MIDA CROTONE

Italie

TOKSIKA

Lituanie

MVA BOLZANO

Tyrol du Sud - IT

Experience in operation and management of conventional and "Waste to

Energy" facilities

LUANDAAngola

port and airport waste

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• Who we are

• Our experience

• OUR APPROACH

• The worldwide case for Waste to Energy

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Range of our activities

Planning of W2E and conventional

systems

Engineering

Construction to create or upgrade

conventional and W2E systems

Construction

System implementation and

assurance of staff training.

Commissioning

Operation and management of W2E

and conventional systems

Operation & Management

Planning and management of

collection logistics

Collection

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A scalable approach: from waste collection to energy generation

First Stepfrom consumption to waste

daily shopping andconsumption producewaste

Second Stepproper throwing away

daily garbage emptying of the familyinto common garbage bins (garbageislands in different streets)

Third Stepcollecting service

the communal wastecollection servicecomes with suitablepress-trucks to emptythe large waste binsweekly or several timesa week.

Fifth Stepto “W2E”Plant

the communal waste collectionservice takes the waste directly tothe bunker hall of the wasteincineration plant where it isthermally recycled. From thethermal energy released,electrical energy and districtheating is made available.

Sixth StepLandfill

Final storage of theslag from incinerationon landfill

Fourth StepUpgrade and O&M of new

or existing landfill sites

the municipal waste collectionservice takes the waste to theexisting landfills, where thewaste is treated and inasmuchas possible pressed into wasteballs and temporarily storedfor the “Waste to Energy”Plant

New Landfill

Économies CO2

CO2

Waste Press-facility & Interim Storage

“Waste to Energy” Plant

Seventh StepPlant - BENEFITS

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First Step to Third Step

Planning for waste collection Waste collection management

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Fourth Step

Waste treatment centre

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Fifth Step: the four core points of the Hafner technology

Combustion technology

Combustion

The Hafner Waste to energy plants

are essentially based on four main categories:

Depending on the waste heat value, two

different combustion technologies are used.

Grate firing with an integrated steam boiler

plant is used for low to medium-calorific waste.

For highly caloric waste, a rotary kiln with

afterburning chamber and waste heat boiler is

used.

Energy recovery

The plant technology is designed to use

upwards of 65% of the thermal energy (R1 -

as defined according to Annex II of EU

DIRECTIVE 2008/98/EC on Waste) including

power generation, district heating or

cooling and process steam.

Flue gas cleaning

In the tradition of conventional simple

flue gas cleaning, Hafner relies on a

completely dry flue gas cleaning process

with double flue gas filtration for

increased dust retention and more

efficient pollutant minimization. The

achieved emission values are thus far

below the EU limit values.

Material recovery

From the slag residues of combustion

valuable materials are recovered by

further treatments and different selection

processes.

Flue gas cleaning

Energy recovery Material recovery

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Fifth Step: the Hafner technology process flow diagram

A

D E F G IH

K

L

M

N O

R

B

D

P

C

Q

J

Filter Dust

T

Condensates

UV

Condensates

Generator

Saturated Steam

Boiler Feed Water

Urea

Sodium Bicarbonat

Urea

Boiler Ash

Filt

er D

ust

Gra

te S

lag

Feeding SystemA

B

C

D

Materials Recovery

Minerals

Combustion Technology Flue Gas Cleaning System

Energy Recovery

SlagFerrous

MetalsGlass

Grate Furnace

Combustion Chamber

Boiler

CycloneE

F

G

H

Reactor 1

Bag Filter 1

Reactor 2

I

J

Bag Filter 2

Catalyst

K

L

M

ID-Fan

Chimney

Storage Tank - Urea

N

O

Storage Silo - Activated Carbon

Storage Silo - Sodium Bicarbonate

P Slag Container

Q Storage Silo - Filter Dust

R Storage Silo - Boiler Ash

S

S Materials Recovery Facility

T

U

Turbine with Generator

Air Condenser with Vacuum Station

V Deaerator for Boiler Water

W Boiler Feed Pumps

X District Heating/Warm Water or Coolingwith Heat Exchanger

W

X

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Fifth Step: Hafner technology - a life cycle to be proud of

• Small energy control center guarantees high levels oftransparency towards the local authorities and theircitizens in this way.

Waste cycles can be better understood by the consumer.

No Waste Water. At the end of the process, the plant merely expelsslag and filtered waste gases.

The plant extracts more than 80% metals from the slag which issubsequently available for a new economic cycle.

High quality of metals and glasses extracted from the thermaltreatment.

Undesired coatings and adhesions are also removed during theprocess.

Remaining materials are also recyclable – such as rubble which isused by the building materials sector or in road construction.

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Fifth Step: the advantages of the Hafner technology

Low investment costsconsequently pleasantly low

operating costs.

Extracting of valuable energies in the form of electricity, heat and

refrigerants

Use of state of the art and environmental-friendly

technology.

CO2 reduction through the replacement of fossil fuels during the incineration process.

CO2 reduction by low transportation by contrast with centralized waste sites.

Utilization of the energy introduced with an efficiency level of 80 per cent. Waste is thus considered and “declared” as fuel according to the EU Directive.

CE / TÜV certification of the modular plant has been performed.

Emission values fulfill the provisions ofthe European Community and morefar reaching even stricter nationalrequirements

CO2

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• Who we are

• Our experience

• Our approach

• THE WORLDWIDE CASE FOR WASTE TO ENERGY

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Energy from waste worldwide (1)

Assuming that 84.07% of the world's well-produced waste is household waste, an assumed 70% of the waste with an average calorific value of 8,372 kJ/kg will be allocated to the Waste to Energy incinerators.

MSW World Wide

The remaining 15.93% of the world wide produced waste is hazardous waste, of which 30% of the waste with an average calorific value of

12,558 kJ/kg is again provided for the Waste to Energy incinerators.

84.07% 15.93%

1.9 billion t/yr.

Estimated 2018

MSW

Hazardous Waste

World Wide360 million t/yr.

Estimated 2018

H.-Waste

2.26 billion t/yr.

Estimated Waste World Wide

2018

Convert to ENERGY

30%

108 million

t/yr.

70%disposed

elsewhere

30%to recycling

70%

1.33 billion

t/yr.

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Energy from waste worldwide (2)

MS-WASTEconsidered with a mean calorific value of

MCL - 8,372 kJ/kg

377,197.96 MWh/t W.W.

Hazardous WASTEconsidered with a mean calorific value of

MCL – 12,558 kJ/kg

45,944.41 MWh/t W.W.

Convert Waste to Energywith Hafner Waste to Energy Plants

We transform totally 423,142.37 MWt/h in3,469,767,441.86 MWt/yr. w.w.MSW and hazardous waste thus provide anumber of benefits:

CO2 Saving

418,458,000 CO2 eq./t.

3,469,767,441.86 MWt/yr. W.W.

or 3,469.77 TWt/yr. W.W.

50 % District heating

approx. 1,734 TWt/yr.

or District coolingWarm water 0.05%

approx. 867 GWt/yr.

Electricity 23%

approx. 798 TWe/yr.

CO2

Benefits

0.05% oror

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Energy from waste worldwide in the future

Our contribution to electric energy can expand world demand or reduce/replace the employment of fossil fuels.

Electrical ENERGYwith „Waste to Energy Plants“

annual production approx.:

798 TWh/yr.CO2-SavingAnnual approx.:

418,458,000 CO2 eq./t.

3.45%

Electrical Energy

Production World Wide

23,140 TWh/yr.

CO2 eq./t.

CO2

All this is possible to reduce the large amount of waste in

the world and to make a contribution to climate protection.

Implementation according to the Paris Climate Agreement

2015.

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Thank You

[email protected]