Greencoat Renewables plc (GRP) EUR0.01

To provide attractive risk-adjusted returns to shareholders through annual dividend increase and capital value growth by investing in euro denominated operational renewable electricity generation assets in Relevant Countries within the Eurozone. The Company will initially focus on investing in wind assets in Ireland, where it has acquired the Seed Portfolio and where the Board and the Investment Manager believe there is an attractive opportunity to consolidate onshore wind assets, and in Other Relevant Countries (being Belgium, Finland, France, Germany, Netherlands, Denmark, Norway, Sweden, Spain and Portugal), where the Board and the Investment Manager believe there is a stable and robust renewable energy policy framework.

• Ongoing charge1.26%
• Annual management charge0.25% of Net Assets
• Performance feeNo

The Investment Manager will continue to receive a management fee quarterly fee of 0.25% of 50% NAV and 50% Market Capitalisation up to EUR 1.0 billion, 0.2% from EUR 1.0 billion to EUR 1.75 billion, and 0.1875% above EUR 1.75 billion. Half of the fee will be based on NAV and the other half on the lower of NAV and market capitalisation.