(“SET”)

1. (“SET”) Sustainable Energy Technology Fund Venturing & Growth seminar 16 September 2008 Wouter Jonk Managing Director SET Venture Partners

2. Disclaimer This document is prepared by SET VENTURE PARTNERS, powered by Chrysalix and Robeco B.V. ("SET"). Neither SET nor SUSTAINABLE ENERGY TECHNOLOGY FUND C.V. ("Fund") needs to obtain a license under the Dutch financial supervision act (“WET OP HET FINANCIEEL TOEZICHT”) and, accordingly, are not regulated by the Netherlands authority for the financial markets (“AUTORITEIT FINANCIËLE MARKTEN”) in Amsterdam. The information contained in this presentation is solely intended for (1) qualified investors within the meaning of the Dutch act on the financial supervision, or (II) persons which are authorized to receive such information under any other applicable law. The distribution of this presentation in certain jurisdictions may be restricted by law and it is the responsibility of the recipient hereof to ensure compliance with such laws. This presentation does not constitute a sale, an offer to sell or a solicitation of an offer to buy any interest in the fund and this presentation has been prepared solely to determine preliminary investors interest herein. Any offer or solicitation with respect to the Fund will be made only through the final confidential information memorandum. The interests in the Fund will not be registered under the U.S. Secuties Act of 1933, as amended (The “SECURITIES ACT”, the investment company act of 1940, as amended or the secuties laws of the United States or the laws of any other jurisdiction. No action has been or will be taken to register or qualify the interests in the Fund for public offering in any jurisdiction.Any offering of interest in the Fund will only be made in such jurisdictions and to such persons where, as and to whom an offering may be made as a prvate placement without any action to register or qualify such an offering. I n making investment decisions, investors must rely on their own examination of the Fund and the terms of such offering, including the merits and risks involved. The interests in the Fund have not been and will be recommended, approved or disapproaved by any U.S. Federal or State or non-U.S. Securities commission or regulatory authority. Furthermore, the foregoing authorities have not passed upon the accuray or adequacy of this document. Any representation to the contrary is a criminal offence. Intersts in the Fund may not be offered, sold, transferred or delivered unless they are redistered under the Securities Act or an exemption from registration is available. This presentation is solely intended to supply the reader with information and reference on SET’s specific capabilities and does not constitute an offer, an invitation to subscribe for or investment advice in connection with any private equity funds. Investment decisions should be solely based on the final prospectuses of such funds. This presentation has been carefully prepared by SET. The content of this presentation is based upon sources of information believed to be reliable, but no warranty or declaration, either explicit or implicit, is given as to their accuracy or completeness.No person has been made authorized to make any statement concerning the offering being made hereby other than as set forth in the presentation, and any such statements, if made may not be relied upon. This presentation has been prepared on a confidential one on one basis for private use by the recipient only, solely for discussion purposes with respect to SET’s specific capabilities. Any reproduction or distribution of this presentation, in whole or in part, or the disclosure of its contents, without the prior written consent of SET, is prohibited. By accepting this presentation, the recipient agrees to the foregoing. No rights whatsoever are licensed or assigned or shall otherwise pass to persons accessing this information. The information relating to performance is for historical information only. The value of your investments may fluctuate. Results obtained in the past are no guarantee of the future. Please note that the private equity fund contemplated in this document is not principal protected. As a result of this the investor may possibly loose its entire investment.

3. Content • Sustainable Energy Markets • Sustainable Energy Technology Fund(Structure, Organization and Strategy) • Portfolio Companies • Contact info

4. 1. Investing in sustainable energy is a huge opportunity SET Fund • Overall demand for energy will grow from current $ 2 trillion with 50% to $ 3 trillion in 2030 (source,IEA) • Solar, Wind, Fuel Cell and Bio Fuel markets will grow to $ 255 B in 2017 from $ 77B in 2007(source: CleanEdge) • Energy market is changing due to various drivers: • Depletion of cheap hydrocarbon supplies (especially in Europe) • Resource scarcity will drive energy prices up (alternatives needed) • Impact current use of fossil fuels on climate change accepted • Public awareness influences consumer and government behavioral • Clear targets set in main jurisdictions, with Europe in leadership role: • 20% of total electricity supply from renewable energy • 10% minimum share of biofuels in all transport fuels • 20% cut in in greenhouse emissions

5. 1. Investing in sustainable energy is a huge opportunity SET Fund Global ANNUAL Installation / Production Solar, Wind, Biofuels 2003 2007 2017 (est.)Solar PV Installations 620 MW 2,821 MW 22,760 MW Wind Power Installed 8000 MW 20,060 MW 75,781 MW Biofuels Produced (Gallons) 7 Billion 15.6 Billion 45.9 Billion Source: Clean Edge, Inc., 2008 Residential, Commercial, Parks FiT Onshore vs Offshore 1st, 2nd Generation

6. uniquely positioned to benefit from this opportuntity SET Fund • Goal is to maximize financial return, while organised towards the strategic interest of investors (e.g. window on technology) • EU has strong incentives / subsidies • Not dependent on one country ! • EU market not (yet) well served: • SET Fund pure early stage energy play • Brings together best of breed team: • Seasoned management team • Direct investment experience in sustainable energy from Chrysalix • Global cleantech fund expertise from Robeco

7. Essent Chrysalix General Partner (GP): SET Venture Partners, Powered by Chrysalix and Robeco, BV with Consultants: ** Structure and Organization Other LP’s €25M €25M SET Fund* Managed by: Portfolio companies * Structured as CV which is the Dutch version of Limited Partnership. **also minority shareholders in GP

8. Team RENE SAVELSBERG Managing Director and CEO WOUTER JONK Managing Director • 17 years of experience with Philips Electronics in their Corporate Venturing Group and the Corporate M&A team • NFIA Silicon Valley; start-up company • 10 years of experience with Philips Electronics in their Corporate Venturing Group, Corporate M&A team and Incubator • Greenfield Capital Partners; N.V. Brabant Yvette Go Associate Kate Asjes Office Manager •  assistant at NeSBIC CTe Fund • assistant at ING and Unisource Telecom • 8 Years at DSM • 2 Years at Shell Chemicals • Chemical Engineering (TUDelft ) • Executive MBA at IESE Business School  8

9. Consultants Team • In top-3 of most active clean energy VCs in the world (in # of deals done) • >$ 200 million under management in NA Wal van Lierop (President & CEO) • Formerly McKinsey and VP large energy company • Significant experience with small and large companies Mike Brown (Executive Chairman & MD) • Over 35 years successful VC and industry track record • CleanTech Pioneer Award 2004 • Since 2000 an established private equity funds-of-funds provider • >$ 1.5 billion under management Andrew Musters (Partner, Cleantech) • Formerly with pension fund ABP and Eindhoven University of Technology • Strong background in fund and direct investment and energy policy Rhea Hamilton (Investment Manager) • Formerly with Shell (renewables, hydrogen & CO2 and upstream) • Strong background in geophysical engineering and business economics

10. Cornerstone LPs • Euro 1.3 billion multi-utility product and services company • Activities include: • transport, trade and supply of electricity and gas • waste collection and treatment • transport and supply of water • Owned by 19 municipalities and the province of Zeeland • Active role in development of sustainable energy production: • windfarms • biomass plant in Moerdijk • biomass co-firing in coal plant • biodiesel plant in Eemshaven • solar panel plant in Heerlen • Largest energy company in the Netherlands specialized in the generation, transport, trade in and supply of gas and electricity • Owned by close to 140 municipalities and six Dutch provinces • Net-revenue in 2006 of Euro 6.4 billion • Main use of sustainable energy sources: • Biomass • Wind (part of Essent Wind)

11. “Hands-on” Strategy SET VP • Invest in attractive companies (NOT infrastructure) • With significant technological advantages • And excellent management teams • With probable exits in 5-7 years • And significant return multiples • While leveraging transatlantic learnings • Build attractive diversified portfolio • Focus on early stage deals – augment with a few later stage positions • Build out management teams • Raise additional equity • Build strategic (corporate) relationships • Based on wide variety of technologies and applications • Active board involvement and business development support • Pan-European

12. Early stage EU Opportunities in: Investment Scope • Energy sources • Solar: High concentration utility grade and distributed. • Bio Fuels and Biogas: Ethanol, biodiesel, etc. • Wind: New Types of Wind Turbines and components • Small Hydro • Wave and tidal technologies • Geothermal • Waste Gasification: Converting municipal solid waste into gas and then into power. • Applications • Micro CHP • Fuel Cells (for portable and standby power (forklift trucks, (consumer) mobile appl.)) • Energy Efficiency/Saving Technologies: • Smart grid innovations: IT solutions; smart metering • Consumer Demand Reduction: Efficient lighting, window technology • Energy Storage: Batteries (charging) and other (large) storage solutions

13. CrystalQ Group B.V. Portofio Companies • CrystalQ Group B.V., based in Stadskanaal on the former Philips premises, grows, prepares and polishes sapphire crystal wafers for the fast growing LED industry. • USP • Kowledge of Kyropoulos crystal growth technology; process integration; location • Markets • Demand for white LED’s increases rapidly through • higher penetration in current applications (mobile phones, flat television screens) • new applications like automotive and general light sources. • The LED market is growing fast because of LED’s low energy usage, the long lifetime and the high reliability.

14. CrystalQ Group BV sapphire crystal ingots blanks wafer 14

15. Epyon B.V. Portofio Companies • Epyon B.V., a spin-off company of the Delft University of Technology, develops technology and IP in the field of ultra fast charging of advanced lithium-ion batteries. • USP • knowledge of state-of-the-art energy storage media and super capacitors in combination with in-house capabilities to create intelligent computer-controlled power conversion systems. • Markets • Electrical Vehicles for professional use (lower the total cost of ownership) • in-car (on-board) plug-in charger solutions for EVs and Plug-in Hybrid EV’s • white label consumer product (Flash Pack), for mobile devices

16. Contact: Further Info Wouter Jonk Managing Director Phone: + 31 6 54 265252 E-mail: wouterjonk@setvp.com Website: www.setvp.com