VOLUNTARY CANCELLATION CERTIFICATE

Presented to

Environmental Market Services Limited CTX

Project(s):

Rakchad Small Hydro Electric Project

Reason for cancellation

Retired on behalf of Yacht Carbon Offset Ltd. for the benefit of its clients

Number of units cancelled
7,851 CERs
Equivalent to 7,851 tonne(s) of CO2
Start serial number: IN-5-206005166-1-1-0-3022
End serial number: IN-5-206013016-1-1-0-3022