<html><head></head><body>About energy2market GmbH (“e2m”):Founded in 2009, e2m is a European market leader in aggregation and optimization services for renewable and conventional generation. e2m offers direct marketing and virtual power plant (‘VPP’) services, with 3,800+ MW under management as of 2019 (4,000+ distributed units).<ul><li data-block-key="4v0a6">Direct marketing involves the aggregation of highly volatile renewable assets and the provision of wholesale electricity market access. </li><li data-block-key="4hrbp">A VPP involves the aggregation, remote control and marketing of decentralized energy and flexibility. e2m’s proprietary technology integrates many types of distributed power assets, controllable consumption and storage (&lt;10kW to 200MW in size). Based on dynamic real-time price signals, the VPP offers energy and flexibility into short-term markets and to grid operators via frequency control, primary reserve and secondary reserve markets, dispatching and managing power at 15-minute intervals, for every hour of every day.</li></ul>Trailstone’s Partnership:Trailstone acquired a significant interest in e2m in July 2015 and played an active role in building the company. Our head of renewables joined the board of e2m and helped drive the commercial strategy and Our head of sales and origination in Europe joined e2m’s general management team as managing director of international markets. During this time, e2m successfully expanded into Austria, Italy, Belgium, UK and Finland. Trailstone Renewables continues to provide balancing risk management services to e2m. After 4 years of growth, the EDF Group acquired e2m in June 2019, representing a successful financial outcome for shareholders.</body></html>

<html><head></head><body>About MP2 Energy, LLC (“MP2”):Founded in 2009, MP2 is a commercial &amp; industrial (‘C&amp;I’) load management and optimization business based in Texas. MP2 is known for developing new and innovative solutions. As an energy retailer, MP2 uses proprietary technology to optimize C&amp;I energy consumption and manage its exposure to volatile retail prices. The company is a leading provider of demand response (‘DR’) services, enabling customers to participate in the ERCOT and PJM markets via relays, time-of-use, smart-meters and 4CP reduction. As of 2017, MP2 had a diverse 1,700MW portfolio of assets, including wind, utility-scale solar, distributed solar, landfill gas and natural-gas-fired peaker plants. MP2 entered into a residential market partnership with SolarCity, offering a unique retail product for rooftop solar, which had previously struggled to grow in Texas due to the lack of net metering.Trailstone’s Partnership:Trailstone invested in MP2 in January 2015. Shortly afterwards, Trailstone and MP2 entered into a joint venture called AMPS to deliver improved, focused solutions to generators, producers and consumers of energy, backed by a fully-integrated platform of energy management services (electricity, natural gas and fuels).Shell acquired MP2 in September 2017 to create a business (in combination with Shell Energy North America) able to compete with the largest and most sophisticated energy providers in the United States.</body></html>

We have a number of offices across Europe and North America.