VOLUNTARY CANCELLATION CERTIFICATE

Presented to

RAM Active Investments (Europe) SA

Project(s):

Biomass based power project by Harinagar Sugar Mills Ltd, Methane recovery from waste water generated from wheat straw wash at Paper manufacturing unit of Shreyans Industries Limited (SIL)

Reason for cancellation

offsetting green house gas emissions for and on behalf of RAM (LUX) SYSTEMATIC FUNDS, Sicav

Number of units cancelled
331 CERs
Equivalent to 331 tonne(s) of CO2
Start serial number: IN-5-257853859-2-2-0-6315
End serial number: IN-5-257854024-2-2-0-6315

Start serial number: IN-5-207976405-2-2-0-935
End serial number: IN-5-207976569-2-2-0-935