VOLUNTARY CANCELLATION CERTIFICATE

Presented to

JAMES FRASER

Project(s):

Project for the reduction of greenhouse gas emissions of Hidroelectrica La Confluencia S.A.

Reason for cancellation

Offsetting my business

Number of units cancelled
1 CERs
Equivalent to 1 tonne(s) of CO2
Start serial number: CL-5-21469888-1-1-0-4229
End serial number: CL-5-21469888-1-1-0-4229