PYROBIO Energy +

1. NOVA VIA S.A. – 32, rue Méckenheck – L-3321 Berchem – T +352 24 83 64 – F +352 36 63 95 – info@novavia.lu NOVAVIA – P.O. Box 43053 - Abu Dhabi,– T +971 2 6350 823 – F +971 2 6350 824

2. PYROBIO Energy+ NOVA VIA S.A. – 32, rue Méckenheck – L-3321 Berchem – T +352 24 83 64 – F +352 36 63 95 – info@novavia.lu NOVAVIA – P.O. Box 43053 - Abu Dhabi,– T +971 2 6350 823 – F +971 2 6350 824

3. PYROBIO Energy+ Definitions: • Pyrolysisis a thermochemicaldecomposition in the absence of oxygen. • The PYROBIO process, developed and patented by Finaxo, is a fastpyrolysiscombinedwith a subsequent cracking. Heatedsteelballsintroduced in the core of the reactoroptimize the thermal transfer. • Syngas (from synthetic gas or synthesis gas):gasmixture that contains varying amounts of carbon monoxide and hydrogen. Syngasisused in combustion engines and cogenerationunits. • Cracking: process of breaking down complex organic molecules into simpler molecules NOVA VIA S.A. – 32, rue Méckenheck – L-3321 Berchem – T +352 24 83 64 – F +352 36 63 95 – info@novavia.lu NOVAVIA – P.O. Box 43053 - Abu Dhabi,– T +971 2 6350 823 – F +971 2 6350 824

4. Whatmaterials? PYROBIO Energy+ Transformation of organicwasteinto Energy. All organic or carbon-containing substances: • Used tires • Urban and industrialsewagesludge • Plastics, PVC included • Automobile shredderresidues (ASR) • Paper, paperboard • Beet/sugarcaneresidues • Wood/pallets • MSW Sources NOVA VIA S.A. – 32, rue Méckenheck – L-3321 Berchem – T +352 24 83 64 – F +352 36 63 95 – info@novavia.lu NOVAVIA – P.O. Box 43053 - Abu Dhabi,– T +971 2 6350 823 – F +971 2 6350 824

5. This new technology of an integrated pyrogasification combinesflash pyrolysis at high temperatures with gasification! PYROBIO Energy+ Pyrolysis HT (600°C to 1000°C) Optimization of the thermochemicaldecomposition by introducingsuperheatedsteelballs in the center of the reactor Gasification Spontaneous production of a syntheticgas (syngas) and inertresiduesburiable or recoverable The onlytechnology in pyrolysisthat uses gas cracking NOVA VIA S.A. – 32, rue Méckenheck – L-3321 Berchem – T +352 24 83 64 – F +352 36 63 95 – info@novavia.lu NOVAVIA – P.O. Box 43053 - Abu Dhabi,– T +971 2 6350 823 – F +971 2 6350 824

6. PYROBIO Energy+ Benefits of the New Process • Perfect homogeneity of the mix steel balls/material • Excellent heat exchange surface by using steel balls • Complete mineralization of the organic material • Highly modular facilities ( from100 to 30,000 tons/an) • Solutions in containers or on skids • Treatment of organic material at its source thus avoiding collective transport • Very favorable environmental report: • Reduction of Noxand CO2 emissions (reduction atmosphere) • Dioxin reduction (chlorine captured in the coke) • Eligible in certain countries for CarbonCreditsunder the Clean DevelopmentMechanism • High energy conversion • Heatingand/or Cooling • Electricity • Compressed air • Production of second generation liquid biofuel • High profitability • Return on investment of three to five years depending on the lower heating value (LHV) of the materials used • NOVA VIA S.A. – 32, rue Méckenheck – L-3321 Berchem – T +352 24 83 64 – F +352 36 63 95 – info@novavia.lu • NOVAVIA – P.O. Box 43053 - Abu Dhabi,– T +971 2 6350 823 – F +971 2 6350 824

7. PYROBIO Energy+ PYROBIO Energy+ Renewable energy through waste recovery NOVA VIA S.A. – 32, rue Méckenheck – L-3321 Berchem – T +352 24 83 64 – F +352 36 63 95 – info@novavia.lu NOVAVIA – P.O. Box 43053 - Abu Dhabi,– T +971 2 6350 823 – F +971 2 6350 824

8. PYROBIO Energy+ NOVA VIA S.A. – 32, rue Méckenheck – L-3321 Berchem – T +352 24 83 64 – F +352 36 63 95 – info@novavia.lu NOVAVIA – P.O. Box 43053 - Abu Dhabi,– T +971 2 6350 823 – F +971 2 6350 824

9. PYROBIO Energy+ Example: Cogeneration Unit Downstream Syngas 100 % 10 % Losses 55 % Heat 35 % Electricity NOVA VIA S.A. – 32, rue Méckenheck – L-3321 Berchem – T +352 24 83 64 – F +352 36 63 95 – info@novavia.lu NOVAVIA – P.O. Box 43053 - Abu Dhabi,– T +971 2 6350 823 – F +971 2 6350 824

10. Unique features: • Efficient electricity and steam production from organic waste conversion • No pollution • Carbon Credits under the CDM • Green energy • Patented process • Operates with solid or liquid organic waste • Different organic wastes can be treated on the same equipment • Decentralized solutions NOVA VIA S.A. – 32, rue Méckenheck – L-3321 Berchem – T +352 24 83 64 – F +352 36 63 95 – info@novavia.lu NOVAVIA – P.O. Box 43053 - Abu Dhabi,– T +971 2 6350 823 – F +971 2 6350 824

11. Comparison of Electrical Unit Prices for 100 kWh in the UAE Explanations Without transmission and discharge cost 86% of the actual cost waived for UAE Nationals, 50% of the actual cost waived for Expatriates, ameinfo.com, 23rd Nov. 2010 Unit Prices indicated in Fils/100 kWh NOVA VIA S.A. – 32, rue Méckenheck – L-3321 Berchem – T +352 24 83 64 – F +352 36 63 95 – info@novavia.lu NOVAVIA – P.O. Box 43053 - Abu Dhabi,– T +971 2 6350 823 – F +971 2 6350 824

12. Green electricityfrom tires • One ton of used truck tires has the sameheating value (PCI) than a ton of coal • One ton of used tires produces 2,8 MWh of electricity and • 0,7 ton CO2 • One ton of used car tires has a 20 % higherheatingvalue (PCI) thancoal • For the sameamout of electricity, one ton of coalproduces 3 tons of CO2 A 16’500 tons/year plant delivers 46 GWh to the gridat a maximum power of 6MW NOVA VIA S.A. – 32, rue Méckenheck – L-3321 Berchem – T +352 24 83 64 – F +352 36 63 95 – info@novavia.lu NOVAVIA – P.O. Box 43053 - Abu Dhabi,– T +971 2 6350 823 – F +971 2 6350 824

13. This should belong to the past for ever! NOVA VIA S.A. – 32, rue Méckenheck – L-3321 Berchem – T +352 24 83 64 – F +352 36 63 95 – info@novavia.lu NOVAVIA – P.O. Box 43053 - Abu Dhabi,– T +971 2 6350 823 – F +971 2 6350 824