INVESTING ON RENEWABLE ENERGY IN ALBANIA

Who We Are

Why We have Choosen to Invest in Albania

Ayen Energy Group

Introduction

Our Investment in Albania

Conclusion

Turkey’s Leading Energy Company

AYEN ENERGY GROUP

One of the Oldest Private Energy Company in Turkey

Operated In Istanbul Stock Exchange

10 Companies Operating Under the Group

1.15 Billion US Dollars Invested On Renewable Energy

INSTALLED MW TOTAL Share

NATURAL GAS AYEN OSTİM NGP 41.0 41.0 6.4%

HYDRO POWER PLANT

PESHQESHIT HPP 34.0

378.5 58.8%

YAMULA HPP 100.0

BÜYÜKDÜZ HPP 70.8

ÇANKAYA HPP 98.4

FANGUT HPP 63.5

GOJANIT HPP 11.8

WIND POWER PLANT

AKSU WPP 80.0

223.7 34.8%

AKBÜK WPP 31.5

MORDOĞAN WPP 42.0

KORKMAZ WPP 25.2

AKBÜK II WPP 21.0

ÇAYPINAR WPP 24.0

TOTAL 643.16

AYEN ENERGY GROUPUnder Operation & Investment

AYEN ENERGY GROUP

AYEN ENERGY GROUP

AYEN ENERGY GROUP

Our Investment in Albania

110.56 MW Installed Capacity

32.8 Km of Energy Tunnel

92 m Height CFRD (Concrete Face Rockfill Dam)

220 Million Euro Total Invesment

AYEN ENERGY GROUP

AYEN ENERGY GROUP

AYEN ENERGY GROUP

Why We have Choosen to Invest in Albania

AYEN ENERGY GROUP

a) ALBANIA HAS A LIBERAL LEGAL FRAMEWORK FOR FOREIGN INVESTMENTS

The law guarantees equal and impartial treatment to both foreign and domestic investors

100% foreign ownership is possible

Foreign investors have the right to expatriate all funds and contributions in kind of their investment

Special state protection of foreign investors by the Albanian state in legal and civil conflict with private third-party

b) FAST IMPROVING INFRASTRUCTURE

Improving infrastructure has been a priority for the Albanian Government in order to exploit the full potential of Albania’s strategic location

AYEN ENERGY GROUP

c) STRONG ECONOMIC PERFORMANCE

Albania has presented a sustainable economic growth during this current crisis years

Albania represents the most resilient of South-Eastern European economies

d) EXCELLENT STRATEGIC GEOGRAPHICAL POSITION

Its location in the center of a natural crossroads of major transit corridors in Europe, places Albania in a strategic geographic position

AYEN ENERGY GROUP

e) FREE MARKET ACCESS

Albania is a member of WTO and applies WTO rules on import licensing

Albanian has signed free trade agreements with EU, CEFTA and EFTA

f) LOW TAXES AND INCENTIVES

The corporate tax rate and the personal income tax rate are of 15%

A number of fiscal incentives and other facilities, including: granting of public land for private investments; offering of long term concession contracts on natural resources

AYEN ENERGY GROUP

g) EDUCATED AND COST COMPETITIVE WORK FORCE

Over 1,000,000 of the population of Albania are young, well-educated professionals, > 57% of the population is under the age of 35

English, Italian, French and German included in the education system. Other regional languages like Turkish are widely used

h) BUSINESS FRIENDLY REGULATORY ENVIRONMENT

One stop-shop for company registration and business licensing

Easy to registrate for new businesses. A simple application procedure

AYEN ENERGY GROUP

h) BUSINESS FRIENDLY REGULATORY ENVIRONMENT

Business licensing is done through a fast transparent procedure, easily verifiable online, by the National Licensing Centre at 100 ALL (< 1 Euro)

The online system for tax filing and payments is applied in the country

The Albanian business legal framework is in compliance with the EU legislation

AYEN ENERGY GROUP

i) HIGH INVESTMENT POTENTIAL

Albanian economy has unexploited potential both in terms of renewable energy, tourism, agribusiness, infrastructure and services

Natural resources include hydro, solar and wind power capacity, agricultural land and over 400 km of coastline

The country is rich in oil and gas and valuable mineral deposits such as copper, iron and chrome ores

j) QUALITY OF LIFE

Albania is rating among the highest in the region according to the International Living Quality of Life scores

The capital city Tirana has some of the best international schools and education systems, making it thus easy to adjust for all the foreign families

AYEN ENERGY GROUP

ConclusionWHY IS ATTRACTIVE TO INVEST IN RENEWABLE ENERGY IN ALBANIA

Albania is the most dynamic renewable energy country in Europe

The development of the Energy Sector is considered by Albanian Government as a very important and priority sector, in order to develop a green energy-driven economy

The government has fully liberalized investments and trade in the sector and has completed a favorable modern legal and regulatory framework

Guaranteed and increasing domestic demand, because the current production does not meet consumption needs

International trade potential, because Albania is in the center of one of Europe’s largest net importing electricity markets

AYEN ENERGY GROUP

THANK YOU FOR YOUR ATTENTION

RENEWABLE,

GREEN ENERGY

FOR BETTER

FUTURE!