EAM Solar ASA Home About Power plants Projects Investors News & media Contact EAM Solar was incorporated in 2011 with an equity issue of EUR 15 million. During 2011, EAM SPM on behalf of EAM Solar ASA, conducted screening and initial discussions on more than 100 potential solar power plant acquisition targets, mainly in Italy and Germany, but also in other European countries. In Q2 2011, EAM Solar started negotiations on three acquisitions targets. During the winter of 2011 and 2012 the Company acquired its first SPPs, Varmo and Codroipo, in a joint transaction. The financial close of the Varmo acquisition was completed the 27 September 2011, while the Codroipo acquisition was finalized on the 29 February 2012. Both plants are located in the north of Italy. The total acquisition represented an investment of EUR 22 million including transaction costs. During the period Q2 2012 to Q4 2012, EAM SPM has screened and negotiated additional projects on behalf of EAM Solar. By the end of 2012, EAM Solar decided to pursue new acquisitions and applied for listing at the Oslo Stock Exchange in conjunction with the issue of new equity to fund the acquisitions under negotiations. The Company completed a successful initial public offering in March 2013, and was listed at Oslo Axess under the symbol EAM. A total of 1,120,000 shares were issued at NOK 100 per share. The Company expects to finalize additional acquisitions during Q2 2013 growing the Company’s asset base further. History EAM Solar ASA - Dronningen 1 - 0287 Oslo - Norway - Phone: +47 24 11 57 96 Copyright © 2013 EAM Solar ASA All Rights Reserved

EAM Solar ASA Home About Power plants Projects Investors News & media Contact EAM Solar Park Management AS is an operational management company owned by Energeia Asset Management AS. EAM SPM’s management activities may be separated into two main phases: Investment phase Searching and screening for relevant power plants available for acquisition Valuation, due diligence and risk assessment of solar power plants Prepare and advice on investment decision according to EAM Solar’s investment criteria Conduct transaction execution Operational phase Optimize financing structure to maximize risk-adjusted returns Active commercial and technical management of power plants to improve long-term profits and reduce operational risks. EAM SPM in brief EAM Solar ASA - Dronningen 1 - 0287 Oslo - Norway - Phone: +47 24 11 57 96 Copyright © 2013 EAM Solar ASA All Rights Reserved