P3 Project Pte Ltd Business Profile

8/18/2015 DUPONT CONFIDENTIAL 2 Introduction  P3 Project is a construction and engineering company which is involved in the power plants, oil & gas, pharmaceutical and manufacturing industry.  It’s a spin-off company conceived from its former allied company P3 Construction Engineering Pte Ltd  P3 Project was formed on 18 July 2011 but commenced operation only on Nov 1, Within a year of operation, P3 Project not only clinched a major project in Tuas Power but achieved presence to be a recognized resident contractor at the 2 big pharmaceutical clients in Singapore.

8/18/2015 DUPONT CONFIDENTIAL 3 Corporate Vision  Competitors ~ To strive not to compete with our competitors but work together in a win-win solution  Safety ~ Top management commitment towards excellence in safety and quality of business  Relationship ~ To establish good relationship with our clients and future clients  Collaboration ~ To join forces with big players in local & overseas ventures  Opportunities ~ To spearhead any new opportunities in the existing and new market presents.

8/18/2015 DUPONT CONFIDENTIAL 4 Corporate Data Company Name : P3 Project Pte Ltd Company Registration No : W Establishment : 18 July 2011 Operation : 01 Nov 2011 Authorized/Paid Up Capital : S$ 500, Employees : 101 Office : 8 Boon Lay Way, #09-04 Tradehub 21, S Workshop : 32 Old Toh Tuck Road, #05-03 I.Biz Centre, S Site Office : MSD (West Campus) at Tuas West : MSD (South Campus) at Tuas South : Baxter at Woodlands Industrial Park

8/18/2015 DUPONT CONFIDENTIAL 5 Types of Business Services:Heavy lifting and equipment installation :Piping and steel fabrication & installation :Plant daily maintenance including shutdown/turnaround works :Maintenance of rotating equipment and alignment : Plant & machinery transfer/relocation including transportation & packing works :Tower field for refinery and petrochemical :Manpower contract services - direct and indirect resource

8/18/2015 DUPONT CONFIDENTIAL 6 Past & Current Project (as at Dec, 2013) No Project Location Start End Value On-going Project 1 Jurong Engineering Limited Chana Combined Cycle Power Plant Block 2 Project, Thailand Songkhla Thailand Feb-13To Date $ 1,106,000 Completed Project 1 Jurong Engineering Limited CCP5 Mechanical Erection Works for Gas Turbine, Generator, Steam Turbine, Power Island & Piping Project Tuas PowerJan-12Dec-12$ 2,750,000 2 MSD Utility Piping Project MSD SouthApr-12Sep-12 $ 415,000 On-going Daily Maintenance Project 1 Maintenance Contracts & Ad-hoc works MSD West & South Jan-12To Date $ 500,000 2 Maintenance Contracts & Ad-hoc works WoodlandsJan-12To Date $ 150,000

8/18/2015 DUPONT CONFIDENTIAL 7 Company Performance for 2013 (as at Dec, 2013) NoList of ClientsAs at Oct 13 1JURONG ENGINEERING LIMITED $ 3,550,000 2MSD $ 1,500,000 3SANKYU SINGAPORE & MALAYSIA $ 1,500,000 4GE KEPPEL ENERGY SERVICE PTE LTD $ 200,000 5LEND LEASE SINGAPORE PTE LTD $ 300,000 6BAXTER $ 500,000 7OTHER CLIENTS $ 205,000 $ 7,755,000

8/18/2015 DUPONT CONFIDENTIAL 8 Organization Chart

8/18/2015 DUPONT CONFIDENTIAL 9 Workforce Strength QTY MANAGEMENT INDIRECT STAFF DIRECT STAFF Managing Director1Lead Engineer2Lifting Supervisor4 Project Director1Engineer4Rigger/Signal18 Business Engineering Manager 1QA/QC Engineer2Supervisor4 Engineering Manager3Safety Coordinator3Foreman7 Accountant1 Fitters15 HR Manager1 Welders15 Procurement 1 General Workers15 Clerical Staff

8/18/2015 DUPONT CONFIDENTIAL 10 Achievement  We have just turn 2 year old on Nov 1, 2013, but have achieved a remarkable turnover of S$ 7 million within the infancy year.  Our workforce grew from a mere 20 to 101 people  We have achieved Biz Safe Level 3 recently.

8/18/2015 DUPONT CONFIDENTIAL 11 Safety The top management and its entire manpower strength are commitment to Health, Safety, Security and Environment (HSSE) and Quality, which is the pillar of the success of executing our jobs with no incidences, violation or loss time injury. Being a new company, we have put in placed all necessary precautionary measures through sharing of the policies and implementing it. We have just obtained the BizSafe Level 3 and we will not stop here. The Top Management and all staff are currently working together to achieve the following:  BIZ SAFE LEVEL 4Estimated by Mid of 2013  BIZ SAFE STAREstimated by End of 2013  ISO 9001Estimated by Mid of 2014

8/18/2015 DUPONT CONFIDENTIAL 12 Future Management Plan  Turnover ~ to achieved by an increase of 150% based on the following forecast estimation:  Daily Maintenance ~ $1.5 million  Shutdown Maintenance ~ $1.0 million  Project 1 ~ $2.5 million  Project 2 ~ $1.0 million  Adhoc ~ $1.0 million  Manpower ~ to increase by 100%. Government policies took a dramatic change recently and we forecast tougher rules are ahead beyond 2014  Joint Venture ~ On-going collaborative efforts are in-progress  Acquisition ~ We are in talks to acquire another matured engineering company giving us backdoor entry to many plants.

8/18/2015 DUPONT CONFIDENTIAL 13 Licences We have obtained the following licenses in Singapore as follows:  General Building Class 1 ~ BCA  Mechanical Engineering ME 11 ~ BCA  Corporate Member ~ ASPRI

8/18/2015 DUPONT CONFIDENTIAL 14 Diversity of P3 Project & its allied Companies Other than P3 Project, we have also setup various companies in order to tap on different opportunities in different market segment. This is to provide an avenue for ourselves and towards the benefit of our clientele. The following are the list of companies illustrated with their nature of businesses:  Absolute Interior Design Creative Pte Ltd ~ Architectural Design, Interior Design, Contract and Renovation  Pinge Pte Ltd ~ Property Management  Weingwork Pte Ltd ~ Business Consultant  P3 International Property Pte Ltd ~ Property Investment  P3 Project Sdn Bhd ~ Construction company in Malaysia  P3 Project (Myanmar) Co. Ltd ~ Construction company in Myanmar

8/18/2015 DUPONT CONFIDENTIAL 15 THANK YOU