Funds Investors Overview Health Defence accommodation Education Transport Other Photo gallery Fund manager Contact us Legal Privacy Innisfree also has court accommodation, waste and prison projects which have each been successfully operating for almost ten years. The projects listed below are owned across a number of Innisfree managed funds. Operating? Financial close Construction completion Project capex £m Innisfree Funds % of equity Construction and Facilities Management Partners Yes January 1996 November 1997 74 41 Costain Skanska G4S Yes January 1997 March 1998 39 31 CNIM MESE Yes October 1997 October 1998 28 33 CNIM MESE Yes October 1997 October 1998 29 33 CNIM MESE Yes March 2000 November 2001 24 50 Carillion Yes October 2002 April 2004 45 50 Carillion Other Bridgend Prison UK Hanford WTE UK Dudley WTE UK Wolverhampton WTE UK Humberside Courts UK East Anglia Courts UK

Funds Investors Overview Health Defence accommodation Education Transport Other Photo gallery Fund manager Contact us Legal Privacy Innisfree manages four long term income (LTI) funds. LTI Funds are long term holders of investments in public private infrastructure projects. Returns to investors are principally by way of cash generated by the projects during their concession lives which are 25 years or more. Investors can exit from LTI funds through a disposal of their interests in the LTI Fund. Fund assets are acquired at different stages of the project development; from the earliest stage when construction begins to the later stages when the project is fully operational and income producing. LTI funds do not take bidding risk. Innisfree has current investor commitments totalling almost £1.7bn to its 4 LTI funds. Summary of Innisfree’s active funds: IMPPP £225m 2004 Fund This is a joint venture with M&G Investment Management Limited. All investments are fully operational and income producing. F2C £350m 2006 Fund All investments are fully operational and income producing. ISF £600m 2008 Fund All investments are operational and income producing. ISF2 £544m 2013 Fund All investments are operational and income producing.

Funds Investors Overview Health Defence accommodation Education Transport Other Photo gallery Fund manager Contact us Legal Privacy Innisfree has 3 transport projects with a capital value of £3.0 billion. The projects listed below are owned across a number of Innisfree managed funds. Operating? Financial close Construction completion Project capex £m Innisfree Funds % of equity Construction and Facilities Management Partners Yes June 2013 June 2018 1,796 33 Siemens Yes October 2001 December 2006 949 43 Siemens BAM Yes April 1997 October 1999 230 67 Sir Robert McAlpine Vinci Amey Transport Thameslink UK HSL Netherlands M6 UK