VOLUNTARY CANCELLATION CERTIFICATE

Presented to

Carbon Trade Exchange

Project(s):

Chacayes Hydroelectric Project, Chile

Reason for cancellation

Retired on behalf of Yacht Carbon Offset Ltd

Number of units cancelled
7,900 CERs
Equivalent to 7,900 tonne(s) of CO2
Start serial number: CL-5-18692082-1-1-0-6848
End serial number: CL-5-18699981-1-1-0-6848