VOLUNTARY CANCELLATION CERTIFICATE

Presented to

Aguas Vega Sierra Elvira S.A.

Project(s):

Maracanã Small Hydropower Project

Reason for cancellation

I am offsetting greenhouse gas emissions for my company

Number of units cancelled
175 CERs
Equivalent to 175 tonne(s) of CO2
Start serial number: BR-5-107730829-2-2-0-8474
End serial number: BR-5-107731003-2-2-0-8474