LUSITANIA CAPITAL, SOFOM, E.N.R. is a direct and indirect wholly-owned subsidiary of Espírito Santo Investment Bank (BESI).

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1 About Us LUSITANIA CAPITAL, SOFOM, E.N.R. is a direct and indirect wholly-owned subsidiary of Espírito Santo Investment Bank (BESI). As a sociedad financiera de objeto multiple no regulada, Lusitania Capital s core business is the granting of credit to Mexican corporate borrowers. LUSITANIA CAPITAL is another example of BESI s commitment and Grupo Banco Espirito Santo s commitment to the Mexican market and Latin America. It follows the establishment of the joint representative office in Mexico of BESI and BES in LUSITANIA CAPITAL is another strategic component in Grupo Banco Espirito Santo s strategic triangle of geographic coverage: Iberia, Africa and Latin America. LUSITANIA CAPITAL follows, within the limits of Mexican applicable law, the business model used successfully by BESI and affiliates, offering a wide range of financial products, including financing and advising on structuring of transactions as well as structured corporate finance products

2 Scope of Activities LUSITANIA CAPITAL offers its services exclusively to corporate and institutional clients, such as corporates, banks and institutional investors. LUSITANIA CAPITAL does not engage in transactions with individuals. LUSITANIA CAPITAL does not engage in any form of captación de recursos del público as defined by the Ley de Instituciones de Crédito, and funds itself privately in the interbank market or from institutional and qualified investors, or via the public capital markets. LUSITANIA CAPITAL main services and product lines are: Corporate Banking Financing solutions to Mexican companies, including, short-term and medium-term loans. Project Finance Originating and structuring project finance transactions with a particular focus in the areas of renewable energy, power, oil & gas, transportation infrastructure and social infrastructure. Acquisition Finance Support of merger and acquisition activities including the structuring of financing transactions for the acquisition of companies or businesses. Treasury Establishing relationships with counterparties in the interbank market, financial institutions, institutional investors, broker- dealers and other similar entities.

3 Risk Policy All transactions to be executed by LUSITANIA CAPITAL will be subject to the internal procedures of BESI in accordance with the market s best practices, and taking into consideration the risk involved and the overall market conditions. Organization Board of Directors The Board of Directors is responsible for managing the activities of LUSITANIA CAPITAL. General Manager It is responsible for operational activities of LUSITANIA CAPITAL. Control and Communication and Committee It is responsible for monitoring and controlling the activities of LUSITANIA CAPITAL. Compliance Officer It is responsible for ensuring compliance by LUSITANIA CAPITAL with Mexican laws and regulations as well as with compatible policies and procedures of Grupo Banco Espirito Santo. Specialized Unit for Customer Support Responsible: Ms. Nuria Planas Address: Montes Urales No. 505 Piso 4 Colonia Lomas de Chapultepec Mexico, D.F. Delegacion Miguel Hidalgo Phone: nplanas@espiritosantoib.com

4 Examples of Mexico related transactions a) BESI acted as Leader of the funding for the Eurus, S.A.P.I de CV, a company formed to develop, construct and operate a 250MW wind farm in the region of La Ventosa, Oaxaca State, Mexico. This project is the largest wind farm in Latin America. The project was started by CEMEX, under Mexico s autoabastecimento (self supply) framework and was classified as a self consumption entity, allowing the shareholders to consume the energy generated by the project. Acciona Energia Mexico, SA de CV ("AEM") is the other partner. Eurus celebrated a sale agreement of 100% of the generated energy for a period of 20 years with CEMEX. Funding in the amount of $ 375 million includes (i) $ 310 million in senior, secured A/B parallel loans (the Senior Loans ) (ii) $ 65 million in Junior Loans including $ 35 million from IFC and $ 30 million from the Clean Technology Fund ("CTF") administered by the IDB.

b) BESI acted as bookrunner on a project in the amount of $ 640 million of Abengoa and GE Capital Corp. for construction of a 300 MW co-generation power plant.

c) BESI acted as Bookrunner and Coordinator of the group of Mandated Lead Arranger to finance a deepwater semi-submersible drilling rig.

5 b) BESI acted as bookrunner on a project in the amount of $ 640 million of Abengoa and GE Capital Corp. for construction of a 300 MW co-generation power plant. The project will sell the energy produced to Pemex - Petroleos Mexicanos under a 20-year contract. The funding amounted to $ 460 million. c) BESI acted as Bookrunner and Coordinator of the group of Mandated Lead Arranger to finance a deepwater semi-submersible drilling rig. The drilling rig, with a total cost of $ 661 million is held by the Mexican company Grupo R and it will be used by Pemex Petroleos Mexicanos under a five-year contract. Pemex will pay a daily royalty for the use of the drilling rig. The financing was structured based on a senior term loan of $ 225 million and a second lien note of $ 270 million.

d) BESI acted as the financing leader of a project sponsored by Renovalia Energy, SA, for the construction and operation of the 90 MW first phase (the Project ) of a two phase 227.

6 d) BESI acted as the financing leader of a project sponsored by Renovalia Energy, SA, for the construction and operation of the 90 MW first phase (the Project ) of a two phase MW wind power generation facility, called Piedra Larga, in the La Ventosa region of the State of Oaxaca, Mexico. This first phase includes 45 2-MW G80 Gamesa wind turbines and expects to produce 330,000 MWh per annum. The energy will be acquired by Bimbo group, one of the largest worldwide bread and similar products producers through an 18-year Self Supply Power Services Agreement. Bimbo group also owns a small stake of the project company, which owns the development control of it. The financing consists of (i) a MXN 1,694 million 16-year senior secured term loan; (ii) a MXN 237 million 17-year subordinated loan; and (iii) a MXN 369 million 3-year value-added tax facility. Contacts Address: Montes Urales No. 505 Piso 4 Colonia Lomas de Chapultepec Mexico, D.F. Delegación Miguel Hidalgo Phone:

The Bank of New York Mellon, S.A. IBM, Trust F/00939 and Subsidiaries

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