This Website is operated and owned by Algosun Global Limited.

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1 Terms and Conditions Access to this Website is provided by Algosun Global Limited. This Website (hereinafter Website ) is maintained by Algosun Global Limited and your use of this Website is governed by the Terms and Conditions set out in this Legal Notice and Disclaimer. The Website is designed for the user s own use and by accessing this Website, you agree to the Terms and Conditions herein. If you do not agree to be bound by and comply with these terms, do not use this Website. 1. Website This Website is operated and owned by Algosun Global Limited. 2. Details We are registered In the Republic of Cyprus ( Cyprus ) under the company number HE Date of incorporation: October 11, Our registered office is Arch. Makariou III, 155 office 302, 3026 Limassol, Republic of Cyprus. We are not registered broker-dealer or an investment adviser with Cyprus Securities and Exchange Commission ( CySec ) or with any state securities regulatory authority. We are free of any conflict of interest from investment banking or trading pressure on research content and stock ratings. 3. Users Nothing contained on this Website constitutes investment advice and the information contained on this Website is to be used solely for information purposes, and should not be regarded as an offer, or a solicitation of an offer to buy or sell a security, financial instrument or service discussed herein. Past performance is not a guide to future performance or returns. Information contained on this Website does not constitute, and should not be considered tax or legal advice and users should consult with their independent legal or tax advisors. In exchange for using this Website, the user agrees to hold Algosun Global Limited harmless against all claims for damages or otherwise arising from the decisions the user makes based on such information. Research reports are based on current public information that we consider reliable, but we do not represent it is accurate or complete, and it should not be relied on as such. Neither Algosun Global Limited nor any of its directors, employees or agents accepts any liability for any loss (including investment loss) or damage arising out of the use of all or any of the information in research reports and on the Website. 4. Research Standards Algosun Global Limited performs fundamental and quantitative research applying in-house algorithmic models with the latest advancements in computer science to provide institutional clients with our unique value-adding insights, research reports, industry notes and data services on the best effort basis. We are free of any conflict of interest from investment banking or trading pressure on research content and stock ratings. The Director of Research is the firm s designated Compliance Officer. Equity analysts and quant researchers directly report to the Director of Research and do not communicate with clients. Prior to official publication and distribution, the final research report draft should be double checked and reviewed by an Editor. All research requires the Director s of Research approval prior to publication. Analysts and researchers do not participate in Sales Pitches and Presentations. No part of analyst s and researcher s remuneration being related directly or indirectly to the views expressed in the research report. Analysts and researchers are not permitted to accept any remuneration or other benefit from any party in respect of the publication of research. Analysts and researchers may not service as officers, directors, employees or advisors to a company under coverage. Algosun Global Limited maintains a database of clients to whom it s its research reports. Algosun Global Limited uses a relative rating system using terms such as Overweight, Equal-weight, Underweight and Suspended. Algosun Global Limited does not assign ratings of Buy, Hold or Sell to the stocks we cover. Overweight, Equal-weight, Underweight are not the equivalent of Buy, Hold and Sell.

2 Investors should carefully read the definitions of all stock ratings used in Algosun Global Limited Research. In addition, since Algosun Global Limited Research contains more complete information concerning the analyst s views, investors should carefully read Algosun Global Limited Research, in its entirety, and not infer the contents from the rating alone. In any case ratings should not be used or relied upon as investment advice. An investor s decision to buy or sell a stock should depend on individual circumstances and other considerations. Algosun Global Limited does not provide individually tailored investment advice. Overweight (OW). Expected to appreciate, produce a total return of at least 10% and outperform the coverage group s historical fundamentals and/or valuations on a risk-adjusted basis over the next 6 to 12 months. Equal-weight (EW). Expected to perform generally in line with the coverage group s historical fundamentals and/or valuations on a risk-adjusted basis over the next 6 to 12 months. Underweight (UW). Expected to underperform, produce a total return of at least 10% and underperform the coverage group s historical fundamentals and/or valuations on a risk-adjusted basis over the next 6 to 12 months. Suspended (S). The rating and price target have been suspended. This action may be due to market events that made coverage impracticable. If research coverage is terminated and Algosun Global Limited has published forecasts and reports, the firm publishes a final note stating that coverage has been terminated. Algosun Global Limited is not involved in sponsored research, namely equity research sponsored by companies under coverage. 5. Coverage Universe Algosun Global Limited provides in-depth coverage for 25 public companies within the Chemicals, Semiconductor Specialized, Semiconductor Equipment & Materials, Diversified Utilities, Electric Utilities, EV Manufacturers, Diversified Machinery and Diversified Electronics industries as it follows: First Solar, Inc. (FSLR), SunPower Corporation (SPWR), Canadian Solar, Inc. (CSIQ), Jinko Solar Holding Co. (JKS), TerraForm Power, Inc. (TERP), SolarEdge Technologies, Inc. (SEDG), Vivint Solar, Inc. (VSLR), Sunrun, Inc. (RUN), Tesla Inc. (TSLA), NIO Inc. (NIO), BYD Company Limited (1211.HK), Wacker Chemie AG (WCH.DE), Vestas Wind Systems (VWS.DE), Nordex AG (NDX1.DE), Siemens Gamesa Renewable Energy, S.A (SGRE.MC), GCL-Poly Energy Holdings Limited (3800.HK), Daqo New Energy Corp. (DQ), REC Silicon ASA (REC.OL), Pattern Energy Group Inc. (PEGI), Enphase Energy, Inc. (ENPH), Plug Power Inc. (PLUG), FuelCell Energy, Inc. (FCEL), Iberdrola, SA (IBE.MC), Shunfeng International Clean Energy Limited (1165.HK), Hanwha Q Cells Co. Ltd. (HQCL). 6. Ownership and Use of Content All content on the Website, including text, data, exhibits, tables, software, video, infographics, visualization, music, sound, photographs, illustrations, logo, trademark and other materials, and all rights to such content, belongs to Algosun Global Limited. Content must not be copied, reproduced, republished, downloaded, posted, broadcast or transmitted in any other way. If you would like to use the content on the Website for another purpose, you must request written authorization and contact us at info@algosunglobal.com Certain content may be available for free download from the Website and must be used in accordance with these Terms and Conditions.

3 7. Information Only The information contained on this Website is to be used solely for information purposes. 8. Disclaimers The Website and its content are provided strictly on an as is and if available basis. Nothing contained on this Website constitutes investment advice and the information contained on this Website is to be used solely for information purposes, and should not be regarded as an offer, or a solicitation of an offer to buy or sell a security, financial instrument or service discussed herein. Accordingly, to the extent permitted by law, we expressly disclaim and exclude all warranties, conditions, representations and terms, whether express or implied by statute, common law or otherwise, with regard to this Website and the content, including regarding the accuracy or completeness of this Website and the content, suitability and general availability, or whether it is free from error or viruses. We reserve the right to suspend access to this Website at any time, either temporarily or permanently, and without notice and will not accept any liability for any service interruptions, delays, non-deliveries, mis-deliveries, or other inability to access or use the Website. Neither Algosun Global Limited nor any of its directors, employees or agents accepts any responsibility for the accuracy of any information contained within any Websites provided by third parties who at any time have links to or from the Website. 9. Trademarks The trademarks and logos used and displayed on this Website are Algosun Global Limited registered and unregistered trademarks. 10. Changes to the Terms Algosun Global Limited reserves the right to make changes to any part of this Website or the terms without notice, and consequently the Terms and Conditions may change at any time. You should read our Terms and Conditions each time you use the Website and your continued use of this Website is interpreted as your agreement to the version of the Terms and Conditions in effect when you use the Website and as such, you are bound by these. 11. Governing Law Access to and use of this Website, the terms and any dispute or claim arising from or in connection with them or their subject matter or formation is governed by English law. 12. Pricing. Subscription Basis. Single Stock Reports Algosun Global Limited is committed to providing a transparent pricing and fees structure in relation to Products and Services. Information about the costs and charges Algosun Global Limited applies when providing Client with Products and Services is set out in the below mentioned Pricing Forms.

4 Pricing Form. Subscription Basis, European Union Subscription Basis, European Union Professional Investor 5 Users 5 Users 5 Users Products Quant-Amental Fundamental Quant++ Flash Note, Special Situations Report Algosun Weekly, Morning Brief Quarterly Earnings Review/Preview Algosun Bullish Call Algosun Bearish Call Initiating Coverage Report Industry Note Services Analyst Access Algo Signals Access Equity Model L/S Portfolios Access Annual Retainer Fixed Fee 20k 15k 15k Pricing Form. Subscription Basis, United States and Asia Subscription Basis, United States and Asia Professional Investor 5 Users 5 Users 5 Users Products Quant-Amental Fundamental Quant++ Flash Note, Special Situations Report Algosun Weekly, Morning Brief Quarterly Earnings Review/Preview Algosun Bullish Call Algosun Bearish Call Initiating Coverage Report Industry Note Services Analyst Access Algo Signals Access Equity Model L/S Portfolios Access Annual Retainer Fixed Fee $20k $15k $15k Analyst Access, Algo Signals Access and Equity Model L/S Portfolio Access will be fully permitted depending on Subscription Offering. Pricing Forms have been issued by and distributed by Algosun Global Limited to legal entities and persons who have professional experience in investments or who are high net worth individuals, namely institutional investors or professional investors. Quant-Amental Subscription Offering provides full access to abovementioned Products and Services; Fundamental and Quant++ Subscription Offerings provide full access to Products and limited access to Services as specified in the Pricing Form. Subscription Basis. Algosun Global Limited provides research coverage only to those entities on which it prepares stock ratings, price targets, algorithmic signals and model portfolios as specified in Clause 5. Coverage Universe of these Terms and Conditions. Algo Signals Coverage Universe includes a broad range of such asset classes as Currencies, ETFs, Stock Indexes, Equities, Commodities and Cryptocurrencies. Both Subscription Offerings Quant++ and Quant-Amental provide access to Algo Signals. Our prices and fees may be subject to VAT in Europe.

5 Pricing Form. Single Stock Report, European Union Professional Investor European Union Products and Services Single Stock Research Report Price per Single Report Special Situations Report 1000 Initiating Coverage Report 800 Algosun Bullish Call 700 Algosun Bearish Call 700 Model Portfolio 700 Industry Note 600 Flash Note 300 Morning Brief 300 Algosun Weekly 200 Earnings Preview 200 Earnings Review 200 Pricing Form. Single Stock Report, United States and Asia Professional Investor United States and Asia Products and Services Single Stock Research Report Price per Single Report Special Situations Report $1000 Initiating Coverage Report $800 Algosun Bullish Call $700 Algosun Bearish Call $700 Model Portfolio $700 Industry Note $600 Flash Note $300 Morning Brief $300 Algosun Weekly $200 Earnings Preview $200 Earnings Review $200 The amount, frequency and form of the provision of Products and Services by Algosun Global Limited to the Client will remain flexible based on the judgement and ability of Algosun Global Limited. Client may purchase an unlimited quantity of single stock reports depending on chosen Products on periodical basis during the period of one (1) year after signing the Pricing Form by both Parties. Trade Ideas and Model Portfolios include a broad range of such asset classes as Currencies, ETFs, Stock Indexes, Equities, Commodities and Cryptocurrencies Our prices and fees may be subject to VAT in Europe Copyright Algosun Global Limited. All rights reserved

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