VOLUNTARY CANCELLATION CERTIFICATE

Presented to

Más Verde Ltda.

Project(s):

Chacayes Hydroelectric Project, Chile

Reason for cancellation

I am offsetting greenhouse gas emissions for my company

Number of units cancelled
9 CERs
Equivalent to 9 tonne(s) of CO2
Start serial number: CL-5-41999448-2-2-0-6848
End serial number: CL-5-41999456-2-2-0-6848