BSW Group Holdings Ltd www.bswgroupholdings.com What Problem Are We Solving? Equity versus Debt The vast majority of projects are financed with debt to equity ratios of seventy to thirty percent. Our finance models are based on 100% equity, no debt and no interest payments. When projects are completed we allow other stakeholders to acquire their equity from operational profits or sales. No Debt and No interest means the project starts to generate profits quickly. Developers benefit because there is no requirement to sell "off-plan" as the project is 100% financed, meaning that apart from "market testing" sales always generate the highest profits Group of companies also includes: BSW Capital - Venture Capital / Private Equity BSW Exchange - Currency exchange BSW London - Insurance and Brokerage BSWIB - Privately held BSW Projects - Project Feasibility Studies. EMC/EPCM/PMO/PMC engagement and management BSW FX - Foreign Exchange and Commodity Solutions BSW Morocco - SPV Project Specific North Africa