1) Clearly state your investment objectives. E.g., get invested money back as

early as possible; maximize firms value with new projects; avoid potential

losses etc. (max 50 Words)

2) List of Projects for your portfolio explain how your portfolio will meet

your stated investment objectives (max 50 Words)

EXHIBIT 1 | Projects' Free Cash Flows (dollars in thousands) Project number: 2 3 4 5 6 7 8 Initial investment $(2,000) $(2,000) $(2,000) $(2,000) $(2,000) $(2,000) $(2,000) $(2,000) Year $ 2,200* 1 2 3 4 $1,666 334* 165 $ 330 330 330 330 330 330 330* $1,000 $1,200 900* 300 90 70 $ (350) (60) 60 350 700 1,200 $2,250* 5 6 7 8 9 10 $ 160 200 350 395 432 440* 442 444 446 448 450 451 451 452 $10,000* $(2,000) $ 280 280 280 280 280 280 280 280* 280 280 280 280 280 280 $ 280 12 13 14 15 Sum of cash flow benefits $3,310 Excess of cash flow over initial investment $1,310 $2,165 $10,000 $ 3,561 $4,200 $ 2,200 $2,560 $ 4,150 $ 165 $ 8,000 $ 1,561 $2,200 $ 200 $ 560 $ 2,150 *Indicates year in which payback was accomplished. EXHIBIT 1 | Projects' Free Cash Flows (dollars in thousands) Project number: 2 3 4 5 6 7 8 Initial investment $(2,000) $(2,000) $(2,000) $(2,000) $(2,000) $(2,000) $(2,000) $(2,000) Year $ 2,200* 1 2 3 4 $1,666 334* 165 $ 330 330 330 330 330 330 330* $1,000 $1,200 900* 300 90 70 $ (350) (60) 60 350 700 1,200 $2,250* 5 6 7 8 9 10 $ 160 200 350 395 432 440* 442 444 446 448 450 451 451 452 $10,000* $(2,000) $ 280 280 280 280 280 280 280 280* 280 280 280 280 280 280 $ 280 12 13 14 15 Sum of cash flow benefits $3,310 Excess of cash flow over initial investment $1,310 $2,165 $10,000 $ 3,561 $4,200 $ 2,200 $2,560 $ 4,150 $ 165 $ 8,000 $ 1,561 $2,200 $ 200 $ 560 $ 2,150 *Indicates year in which payback was accomplished