VOLUNTARY CANCELLATION CERTIFICATE

Presented to

KUBIEC S.A.

Project(s):

Fundão-Santa Clara Energetic Complex Project (FSCECP)

Reason for cancellation

I am offsetting greenhouse gas emissions for my company

Number of units cancelled
1,125 CERs
Equivalent to 1,125 tonne(s) of CO2
Start serial number: BR-5-99949039-1-1-0-1279
End serial number: BR-5-99950163-1-1-0-1279