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FIR ,._-- FOrfiluta.e %. .—. CHRMPI011SHIP Investor Presentation Introducing Motorsport's Electric Future October 2013 FIA Formula E Championship EFTA_R1_02213159 EFTA02725630 FIR ---= Formutae N:="-:* CHRNIPIOHSHIP INDEX 1, General Introduction 2. Main Features 3, Investment Opportunity 4, Appendixes: A. Ernst & Young - Formula E Sustainability report B. SMG YouGov - Media Reach, Global Appeal and Sponsor Evaluation Study C. SMG YouGov - ROI study for FEH sponsorship packages D. Financial Model EFTA_R1_02213160 EFTA02725631 Wirmuta.e CHRMPIORSHIP 1. GENERAL INTRODUCTION 1.1. OUR ASPIRATION 1.2. INDUSTRY ENVIRONMENT 1.3. SUSTAINABILITY IMPACT EFT,R1_02213 61 EFTA02725632 Our Aspiration We want to drive the change towards an electric future... FEH aspires to drive this change by: Fostering technology innovation Increasing environmental awareness Encouraging sustainable behaviors ...through an electrically-powered car racing championship Development of Formula E Championship staged in the heart of major world cities IEESTISM1 ..LEMEZZIMIZI 4 EFTA_R1_02213162 EFTA02725633 Industry Environment There is plenty of business and investment around EVs: Major OEMs have formed a vision for developing EVs beyond HEV (c9 Mormifollaa Audi 4) e TOYOTA Ford and Toyota said they will jointly develop on advanced hybrid system for light trucks and SUVs "This agreement brings together the capability of two global leaders in hybrid vehicles and hybrid technology to develop a better solution more quickly and affordably for our customers" said Derrick Kuzok, Ford group vice president in charge of global product development. AutomotivelT.com, August 22th 2011 AESC Chinese: i6 Chem A123 Sony Erten ICI Sact SB LtMoihie tittocht 00w/Koicom Sanyo Toshiba Blue Energy Li. Energy Japan SK Energy Panasonic EV LITec Automotive cell manufacturers are making large investments to build up capacity (USD billions) (1) Consists of BYD, BAK, CNOOC, Lishen. 35 1.4 08 08 0.8 0.7 0.5 0.4 0.4 03 0.2 0.2 0.2 0.1 0.1 0.1 0.1 2030E battery market of 145 en € Source: McKinsey "Boost Powertrain"; McKinsey Quarterly: "Recharging China's EV aspirations"; Deutsche Bank; Company press releases 5 EFTA_R1_02213163 EFTA02725634 Sustainability Impact There are huge potential contributions of value to society through future externalities in terms of green growth, environmental savings, and social prosperity. "Formula E con significantly contribute to remove Electric Vehicles market barriers and to create positive externalities and value for society" ; Green Gtowth additional EVs sold €431 billion savings extra sales in the car indust y 42,000 permanent jobs 77 million* for consumers of fuel energy (NPV) €142 billion created in the car industry LOCAL impact Social € 25 Savings on healthcare costs from pollution billion reduction Significant quality of life improvement in cities billion /1 Global value creation /1. Average S10 million of visitor spending per event 240 jobs per event Community rxide increase' r . Green image ! SPONSORS . New market ing target groups 211 ERNST &YOUNG ' • Brand visibility2 Quality In Everything We Do Environmental 4.0 billion oil barrels saved (2.5 years Japan's current consumption) avoided (2 years of Italy's annual 900 million emissions) tonnes of OO7eq €13.9 billion saved on CO? costs (NPV) SOURCE: Based on Ernst & Young Low Scenario from the Report: Formula E championship "Racing for on electric future' (APPENDIX A) 'Po. a Irmo sceranc analyn 'See det3 S n A•,nex I see deals n Annex IV 6 EFTA_R1_02213164 EFTA02725635 Fo FIR _-...—= rmuta.e .V.=.' CHAMPIONSHIP 2. MAIN FEATURES 2.1. THE CHAMPIONSHIP Z.Z. ORGANIZATION CHART 2.3. SUPPORT NETWORK 2.4. UNIQUE PARTNERSHIP Z.S. WORLD WIDE CALENDAR 2.6. TOP TEAMS 2.7. TOP DRIVERS Z.S. ALL NEW CAR 2.9. BEST SPONSORS / PARTNERS 2.10. TV BROADCASTERS 2.11. MEDIA ANALISYS AND GLOBAL APPEAL III EFTA_R1_02213165 EFTA02725636 The Championship Initiation of the championship Starting in September 2014 Multi event 10 different cities around the world in season 1 Urban track City centre premium location. Increases awareness and allows flexibility to adapt tracks to electric cars. Teams 10 teams, 2 drivers each in 2074. Pit stops 2 pit stops, the drivers will run a short distance to get into the second car. Multi-car manufacturers An open RA championship, teams can be constructors, develop and race their own cars. 8 EFTA_R1_02213166 EFTA02725637 Organization Chart High experienced management team: Deputy CEO Alberta Lon o Head of Media Ali Russell MEDIA ADVISOR Frank Baez (SMG YouGov) I Alejandro Business Development Giorgio Veroni COO P.A. Operations Eric Barbaroux 1 Anot Dahon Sporting Regulation Technical Director Pierre Gosselin I Carlos Nunes Official Develop Driver Project Manager Lucas di Grassi I Gemmo Rouro Project Manager Project Manager Manuel Ortiz Martin Manecy Project Engineer Project Manager Fabian Burry Oliver McCrudden Miami Race Advisor S. America Race Coordinator Julian Linares Fernando Cdceres CFO bb uel Valldecobres CEO P.A. Lucy Bowler Financial Controller Marto Cuesto Financial Controller Cristino Abed Head of Legal Legal Counsel Enri ue Buenaventura Pedro Merry CMO aume Sallores Head of Events Gerli Tow: Graphic Designer lower Pinedo Press Officer Torn Phillips Legal Assistant Cairo VW P.A. Marketing Blake Martinelli Head of Partnerships David Warren Sponsorship Coordinator Natasha Palmer Legacy Manager Rally Ardholdpon 9 EFTA_R1_02213167 EFTA02725638 Support Network Highly reliable technical and management support network: Frederic Vosseur Spark Former GP2 and F3 engineer, he develops and designs the Spark SRT 01E full electric car During his career at IMG he looked after the business affairs of many of the world's leading sportsmen including Alain Prost Ayrton Senna, or David Coulthard, between others. Jean Todt - FIA Promoter of the electric vehicle competition, FIA supports FEH through the signature of a Memorandum of Understanding. Rodrigo Nunes - circuit designer Supports FEH in circuit building and design. He has been involved since the first stages of the project providing technical aid. • 8 Veremonte - Investor Promoter of FEH Veremonte has invested in the initiative and give management support and help • Involved in technical advisory, circuit design and car development. Lucas has helped FEH since its creation. 10 EFTA_R1_02213168 EFTA02725639 Alejandro Agog, Jean Todt and Enrique Sofiuelos signing the agreement. Unique Partnership The HA (Federation Internationale de l'Automobile) is the governing body for motorsport worldwide and the federation of the world's leading motoring orgonizotions. Manages and administers the rules & regulations for all international four-wheel motorsports championships like: Fr sHinire.Hionison,H tss-C 1111FEE FIA A An CHOC/RANCE CHAMPIONSHIP 1•061.. 10•01•4 66.6•••,•••6,• FIR FormuLo•e CHFIMPIOnSHIP FEH has the FIA exclusivity right to promote the only electric formula global Championship for 25 years "This new competition at the heart of major cities is certain to attract a new audience. We are pleased with this agreement with FEH as they bring a very strong experience in motorsport. This spectacular series will offer both entertainment and a new opportunity to share FIA's values for clean energy, mobility and sustainability. The FIA is definitely looking to the future!" jeonTodt, President of the FIA 11 EFTA_R1_02213169 EFTA02725640 World Wide Calendar 2014/15 FIA FORMULA E CHAMPIONSHIP PROVISIONAL CALENDAR 10 selected cities Races in the heart of major world cities RI - Beijing, Chino 20"' Sep 2014 R2 Portofino, Moloysio 18n Ott 2014 R3 Hong Kong. Chino 43,1 Nov 2074 R4 - Punta del Este. Uruguay 13n Dec 2014 RS Buenos Aires. Argentino 10n Jon 2015 R6 Los Angeles, USA 14n Feb 2015 R7 Miami, USA IOM's?. 2015 R8 Monte Corlo. Monaco 9n Moy 2015 R9 Berlin. Germany 30n May 2015 RIO - London, UK 27" Jun 2015 Lc: Angie*: • London Miami Buenos Awe: efll Punta del Este Berlin • Monte Carlo mi Urban racetrack around the main landmarks of these cities *All this venues hod been approved by the local authorities and the correspondent national federations. Beijing Hone Kong • PUtrajaya 12 EFTA_R1_02213170 EFTA02725641 Top Teams There are 3 types of teams: Signed and announced Signed, to be announced - Traditional teams and manufacturers (F1, INDY, NASCAR, GPZ) - Specialized electric car companies - Brands that shore values around sustainable innovation Aiinarrni ®tom VE 1'J 'T. L_MR 411 CHINA RACING ; 11.-•1!-:-. • SLIMIER XIFORI.J RI fa MIN Negotiations in process *Media ROI for the teams study done by SMG YouGov in APPENDIX B ' I C I, I L ' Mahindra 7/4-CMC procinue gams WILLIAMS Fl TEAM 13 EFTA_R1_02213171 EFTA02725642 Top Drivers The following international and elite drivers have signed up to the Formula E drivers program: MP, ( .... ; Si e ;7.. ... a a ss• Adrien Tomboy (French) Alex Brundle (Uk) Bruno Senna (Brazil) Dario Fronchitti (Scotland) Lucas di Grossi (Brazil) Ma Qing Huo (Chino) 12 -.are/ Nicholas Prost (French) Nick HeicIfeld (German) Sebostien Buemi (Swiss) Vituntonio Liuzzi (Italy) 14 EFTA_R1_02213172 EFTA02725643 All New Car: SRT 01 E Capable of reaching 0-100 kph in less than 3 sec. with a max. speed of 250 kph and o battery range of 25min. 5.00m (L) 1.80m (W) 600KG without battery 15 EFTA_R1_02213173 EFTA02725644 All New Car: SRT 01E Official unveiling of the SPARK-Renault SRT 01E Frankfurt Motor Show 10th September 2013 Formulae -4. • 16 EFTA_R1_02213174 EFTA02725645 Best Sponsors/Partners Contracts executed (3 to 6 years deals): - Michelin (Tyre Supplier) - TAG Heuer (Time Keeper) - McLaren (Electric Powertrain Supplier) - Renault (System Integration Engineering) - Williams (Battery supplier) - Dallara (Chassis Designer & Manufacture) - Qualcomm (Wireless partner) - DHL (Logistic partner) AllIcLareri -19 QUALCO/VVA MED Other contracts in progress for different partner categories and sponsorship tiers. 17 EFTA_R1_02213175 EFTA02725646 TV Broadcasters 1M[ Broadcasting Agreement with FOX Sports for 3 years with the option to extend for 5 years This deal will broadcast the Championship to nearly 90 countries (US, Canada, Latin America/ Caribbean, Netherlands, Italy, Hong Kong, Malaysia, Indonesia, Singapore, Taiwan, South Korea, Australia, key Asian territories and other areas of Asia, India, and Africa) and a potential 180M households worldwide, giving the partners, the teams, and the teams' partners a unique platform to visualize the associative value of this competition. ft PS Carlos Martinez, President Latin America FOX International Channels 18 EFTA_R1_02213176 EFTA02725647 TV Broadcasters • F Inter nalton.s1 • Other TV Radium • siniiik.c.,,...„„„nes FECIOICA A I W DIA REACK. CA Oen AFITIAL AID SPON SAN EVA' LATION 'AWE Fox International & Other Partners TV Household Reach " Fs110 Territory List to ‘ 1/4 . North Anbertta I knesO Stain L •0210 Te to existing Fox Sports channel, rrdory LIST to an America • Mpensra. Orsak &eta. Chia Colombia. Costs Ita Cann Aeon, Ceaskt. C Sena. Guaterush.. ilerarses Meow alcores. Penn. Pons.sy. PIM tinaguob *rad& Ara Pesos. lisnot wed Tined TV Household Reach (miltiorni) 66.6%k Total r.-.SMGvou Fox internotoosi 183.2 Outer TV Partners 366.2 549.4 or" Territory List Indian Sub-Coritsient Star Spats ba. Se Lan. ReceestA. Ent Ellen Putestao Wean Torreon Last to Sub-Sahsran Attics via Setants • or.. Berm Beeleara, Beat Biala Feso Caeca Cato Derreonde Reptile, Core Rapable. ken Corn, Gen Valk Oupd• Creel Mean Rgeae. &Tont Dna. Ceele. (Mope EtrancoS G . Gahm Reba. Can Cornea One Elan Nen* LASOOSA Lean Malapsoes. Merssi. WI. Meuse, PAsuntana Mora kinnaque. Plane.. Nor, Menus React's. Soo Torre Funorta, Sneed. Syne'. Seem Loa e. 9T Nen. Sane Sea Ant. Soul" San SIAS% Sen& LIPPPAA MCA ITONTa Liner eed tinieslete Other TV Partners Atoros, tint.. 8flitorr. Bova Worn. Oros. Orono. Caro. Rapine. Premark Edda Frame. Reno,. Gieuster. Gnaw. Hungry. legend Ireiiir4 Apt Law. KU. Noe Zealand. Norse,. OK Pavel. Mara Sneak gouda Slate. Seed .104 ) Tomlin) Lest tot ASIA tor exoling Fox Sports Stoma B&rao. Canna. Pew Ea Tenor. Fie oral ito Norm Nena . leg n000 indoors. earn Nettie OPR Keno Iwo. Ran. Ann Iketelek layreno. P . New Ow.. PETIPPNIN Stepan. Tans, Then. Vapownt Amps, Australia Ira[ swam tramesaaaramo uma car Se. Ate. t... -a Gs Men Paing4 9•/•• San Maw. rear a. Italia Ina yin. Ps ostra leamense ISA ?Wilda •••• will\ VMS& MS • •••••• M _. Sages FOIMUIO•e 19 EFTA_R1_02213177 EFTA02725648 Media Analysis Global TV Broadcast Audience Three Year Projection (201445. 2015-16, 201647) 1.00100N sauce SAC innnt AANAGO 'WI* 0441 tWenitin ;-% IV Broadcast Hours IV Programmes GcCial Curnukdrve Audience Total Broadcast Deals Broodcastersfretto-Au FEH Calendar of Races /11111111111 AAAAA OK PvrraiAVA SMGYou INSIGHT GkataI TV Broadcast 2014.15 201546 201€1 17 2,136 hes 2.430 his 2,650 his 2.170 2.656 3.103 206m 271 4 m 3212m 40 45 50 52% 54% 57% 10 12 14 RaceLocations12 10 lit 2016 II 20 EFTA_R1_02213178 EFTA02725649 Media Analysis Global TV Broadcast Audience - Audience by Region Three Year Projection (2014-15, 2015-16, 2016-17) at. ir Sow SMG hurt .Wyss of Indusby dna meinaSis Q? .st ta pin Global TV Household Reach 7014 15 2015 16 201611 549.4 m 606.2 m 705.7 rn Cumulative Audience by Region Mullion) Asia Pacific 111.3 147 174 Oceania 1.7 1.9 2.0 Middle East 0.62 10 1.4 Africa 0.97 0.83 0.99 Europe 68.4 559 66.2 North America 9.0 43.1 50 9 South America 13.7 20.9 24 8 TOTAL 205.8 27L4 32L2 "7. >v iRomr•fit/T4.N.ittiTt"'” P 4i • - • le% kteira41.0ii . t>. 3. ; etan '44. a MU YOU INSIGHT _ ear I 21 EFTA_R1_02213179 EFTA02725650 Global Appeal Consumer Opinion BRAND VALUES +29 % sport titltrit posi spdrnSa tivity teWarth biands events +18% - Uplift in sponsor tecru: 14 levels of brands tha ner4y spat t +.16% Upliftinrrhaecrommendatioin sponsor n of — brands ry sport events +15%= thsUpr oonsrcetation Of bands events Mien compered to non earfnendly events. consumers are more likely to trust, consider, recommend and be positive towards sponsors of eco4nendly events 317 - GLOBAL VIEWING APPEAL 144 536 million adult Formula One tans in total - tla033 10 key markets very 'detested in Formula E (NW an orretnon rake a 14%) million adult Fomrula One tans in total - across 10 key markets fairly Interested 44 - in Formula E mass an Onnal Mt Of 52%) million adult non-Fomiula One tans - in total across 10 key markets very interested in Formula E (eICIO en eYninCel MY Of 5%) million adult nonfonnula One tans - in total &foss 10 key markets lady interested in Formula E (0.5e0 on COnbeSell ntit a 15%) 66 Foam& ea eiliaple being "flute will abed Ss intent at IAMI Mks Asia .ease St glebe. Total Global Market Appeal of Formula E =1.04 Billion Adults ** Markets surveyed were Brazil China, France, Germany, Indio, Italy, Japan, Spain, UK, USA Base population: 500 adults in all markets with exception of UK where base was 3000 (all countries nationally representative) 22 EFTA_R1_02213180 EFTA02725651 Fo FIRrmuta.e =. CHRNIPIOHSHIP 3. INVESTMENT OPPORTUNITY Mckinsey hos assisted FEN in preparing o business plan, financial projections and valuations for the business (APPENDIX 0 - Financial Model) EFTA_R1_02213181 EFTA02725652 Main Features 500 450 - 400 350 - 300 - 250 200 150 a 100 Cc U., SO Z 0 250 225 200 175 I ISO 125 100 75 a 50 tu 25 Z 0 REVENUES 14E ISE 16E 17E 186 19E 20E 216 145 ISE 16E 17E 186 19E 205 216 • Video Games • TV Rights Racing Teams • Event / City • Sponsor • 681TDA 150 125 - COGS WO 11111111 75 14E ISE 16E 17E 186 195 205 21E SO CC 25 o 150 125 - 100 75 OPEX 50 as 1.1.1.Ei.:1 . O 25 • 145 15E 16E 17E 186 19E 205 216 E 0 • Video Games • Racing Team • Event / City • Others • Actvisors&Others ir Marketing • Race prizes FEH Logistics • Central Office • Sponsor Fee 24 EFTA_R1_02213182 EFTA02725653 Sponsorship As per the business plan, revenues ore highly dependent on sponsorship. This revenues will be generated according to the following inventory: Types and packages overview Her HA Formula E • Cup Sponsor is the most exclusive Championship partner opportunity available. This includes o bespoke package of rights including the ability to leverage the sponsorship worldwide. Tier ? FIA Formula E - Global Sponsor is a unique opportunity for o company to associate with a global package of supports, rights and assets within the Championship. This includes a bespoke package of rights including the ability to leverage the sponsorship worldwide. Tier 3 NA Formula E - e-Partner provides o tailored package of rights within on agreed and exclusive designation. Including embedded event messaging and association rights that con be leveraged globally. Tier 4 FIA Formula E • e-Prix Title Sponsor provides the opportunity to own and present one of the electric city races. This includes a package of exclusive rights and benefits. her 5 FIA Formula E - on/off track Advertiser provides the opportunity to embed your brond in the heat of the host city event. GLOBAL SPONSOR TITLE SPONSOR ADVERTISER if Offered SI Races 1 All (10) 1 All (1 0) 9 3 each 10 1 each 10 1 each (min.) Advertising 15% trackside (all supports) Terms > 5 years Reach Worldwide Naming rights Cup Fee (ME/year) 15 ricryear 10 ME/year trackside 10% supports) 3 -5 years Worldwide None 10% trackside > 3 years Worldwide None 5 ME/year 1 5% trackside (all supports) 10% trackside > 3 years > 1 year National e-GP Y1 Y2 Y3 3M 3.5n Ain Local None 0.8 ME/race *RIG YouGov - ROI study for FEH sponsorship pockoges (APPENDIX C) 25 EFTA_R1_02213183 EFTA02725654 Discount in the NPV offered 74214€ McKinsey has determined a valuation of the company Formula E Holdings, based on discounted cash flows (DCF), on 3 different scenarios: 360M€ Not Included: • New cities fees, audience growth, increase of the sponsors fees • Economic social and environmental benefits • Potential difficulties faced by competitors. Equivalent WACC Scenario A 26% Scenario B 21% Scenario C 15% 0 NPVIEBITDA 2014E Close-out in Oct. 2073 20v- 0% 0% (Championship not launched) Close-out in 2016 35% 40% 0% (Championship cancellation after 4 yr.) Close-out in 2038 (ot expiration of HA license) 45% 60% 100% *FEH will provide to investors the full financial model used by McKinsey for the investors to work on the financial parameters. 26 EFTA_R1_02213184 EFTA02725655 In Summary 3 ‘4d4 4 FEN aspires to drive the change towards an electric future through the development of on electrically-powered car racing championship staged in the heart of major world cities FE represents on attractive market opportunity to invest as it will be a key asset to foster electric car adoption, a unique value proposition for sponsors, and a distinctive sporting event FEH will yield attractive returns, reaching breakeven in 2014 with an average EBT margin of -38%. FEH will require -€5514 in financing/ investment during 2013/2014 to cover CAPEX before the start of the championship FEH has an experienced management team with a highly reliable support network, and it is confident that it can successfully execute its challenging implementation plan 27 EFTA_R1_02213185 EFTA02725656 Some relevant Quotes... "This is on exciting new racing series that will play a key role in highlighting the growing relevance of technologies originally developed for motorsport to the wider world." F►ank Williams, Founder and Team Principal of Williams "This spectacular series will offer both entertainment and a new opportunity to share F1A's values for clean energy, mobility and sustainability. The F1A is definitely looking to the future!" Jean Todt, President of the RA "Zero emission World Class motor racing is a scintillating concept and I'm hugely keen that London be involved in the birth of Formula E" Mr Boris Johnson - Mayor of London "The world's most revolucionary Championship" The Times "Berlin, as an international city and leading metropolis of electric mobility, is an ideal venue for Formula E. We are pleased to be able to host the event in this cosmopolitan city and for Berlin to present new and innovative technologies. Cornelia Yzer, Senator for Economics, Technology and Research "We ore enthusiastic about the future organization and promotion of Formula E, the worldwide championship for electric single-seater cars, sponsored by de Federation Internationale de I 'Automobile." Mayor of Miami, Tomas Regalado "By hosting Formula E Championship races here, we ensure our place as a leader in the charge to generate awareness for electric vehicles and their benefits. By selecting Los Angeles as the site of their Championship races, Formula E Holdings brings international attention to our City's electric vehicle infrastructure programs and increased tourism revenue to our City." Mayor of Los Angeles, Mayor Villaralgoso "Beijing is one of the leading cities in the world to promote electric cars and we would like to take this opportunity to showcase this to the world. The City of Beijing plans to have 50,000 electric cars on the streets by 201E while across China the government has set a target of producing and selling 500,000 energy-efficient and alternative-energy vehicles per year by 201E and five million vehicles by 2020." Vice Mayor of Beijing, Ms Cheng Hong "Formula E is an exciting opportunity to demonstrate the excellence and the reliability of our EV solutions." Philippe Klein, Executive Vice President of Renault Group "Zero emission world class motor racing is o scintillating concept and I om hugely keen that London be involved in the birth of Formula E. it has the potential to highlight the impressive strides being made in the manufacture of electric vehicles and hosting o street race could also be of considerable economic benefit to our city." Mayor of London, Boris Johnson 28 EFTA_R1_02213186 EFTA02725657 IAN" Some relevant Media... m NEWS ••• • -- NEWS noisoway 0.0a a fl ea Orayson Racing electric car sets new world 7 Video speed record •Lmw da, Clean, Quiet end Fast FT FINANCIAL TIMES /ISSN .1.1. Mai . • _ •- lta‘int• Maar lima THE *MAXI M ES Mat VIP II Stye ;antl liOrK 51me5 ON Fa I E NATION I in,: km: sn. FOR am; Kinn :IA El ;RAND PRIX Movement Formula E. it,. electrifying future of moloespiXt Am— AUTOWEEK INNOVIta Enri ==c= esweesoweppws Mks. Ins* Oat, •••••••• NFU Newts I itiesoil• • ....mt. -• ye. 1,..rmab h Min1- 4 Cluner Tt. 1.1“Inc Racing Realm With scums text. — _ — T STUDIEN. 4:4 t=et 29 Ofef 2013 / ladvore & Confidential /AN Rights Reset.] EFTA_R1_02213187 EFTA02725658 Fo FIR _-...—= rmuta.e =. CHRNIPIOHSHIP 4. APPENDIXES A. Ernst & Young - Formula E Sustainability report B. SMG YouGov - Media Reach, Global Appeal and Sponsor Evaluation Study C. SMG YouGov - ROI study for FEH sponsorship packages D. Financial Model -All appendixes to be provided upon signoture of NDA. EFTA_R1_02213188 EFTA02725659 Contact Details _--- Niii - Ill Fo FIRrmutche CHRIVIOnSHIP Formula E Holdings Alberto Longo Managing Director Miguel Valldecabres CFO a facebook.com/FIAformula£ 0 @HAformuloE EFTA_R1_02213189 EFTA02725660