Concept: Soltiles differentiated solar roofing tile product is in a high growth market with 35%+ per annum growth expected for the next ten years. Worldwide there are a 100 million roofs that could use the Soltiles product. Soltiles has developed an aesthetic, high efficient, affordable for the masses tile that generates 40% more energy than comparable solution for roof integrated solar power and it operates 24/7 with its own Li-Metal battery. When curbside appeal and economics are the determining factor, then a Soltiles solar roof is the clear winner. The photovoltaic tiles are designed for use in residential homes, are mounted like roof tiles and generate enough power to power the home 24/7. The goal of the Soltile project is the commercialization of a highly differentiated, innovative ‘plug and play’ roof integrated photovoltaic (PV) system, enabling the expansion of the renewable power as a substitute for the fossil fuel Status Quo. Current trajectory will likely lock-in at least 3 degrees Celsius (C) of global heating. The Soltiles product accelerates global PV grid parity progress enabling high loading up to 40% of distributed rooftop solar enabling a 100% Renewables society in the EU and US. The Biden 2035 target of 100% clean energy; that’s going to require a massive scale-up in all these technologies,” said Daniel Kammen, a professor at the University of California, Berkeley, and chair of the school’s Energy and Resources Group. “Any administration wants to capture not just the installed energy but a lot of the jobs and other benefits of that.” The $2 trillion clean energy plan Biden’s campaign released calls for U.S. workers to “build American infrastructure and manufacture the materials that go into it.” Biden’s • Problems and Needs: Problem #1 : Both USA and the European Parliament has declared a global “climate and environmental emergency” and urged all EU countries to commit to net-zero greenhouse gas emissions by 2050. The EU legislature voted in favor of the declaration with 429 lawmakers for, 225 against and 19 abstaining. Problem #2 Central Power Generation: Globally, the solar industry is restricted to an obsolete 150 year old central power generation model. This restricts the return of power sourced from the residential and business consumers to the grid and vice versa dependent on demand. The cost to the consumer for the existing electricity grid includes the generation cost, transmission line losses of 10%, utility disconnection due to climate caused fires with homes most likely to have their power shut off preemptively by Utility, connection fees, fossil/nuclear fuel subsidies, utility profits and taxes. Green Deal, embraces some clear progressive elements, such as achieving zero- carbon power generation in 15 years and installing 500 million solar panels by 2025. EU DECLARE A CLIMATE EMERGENCY AS EMISSIONS ARE SET TO RISE UNTIL 2040 • Problem#3: Poor Solar Cell Conversion Efficiency: Levels of efficiency produced by traditionally used solar cells are limited as they generate way too much heat. Soltiles have limited Soltiles LLC 5 CONFIDENTIAL space for ventilation so they need a special type of cooling, cell and interconnection. If the cell conversion efficiency is greater, less area is required to create more energy output.