SUBSIDIAIRY NAME	COUNTRY	SECTOR/INDUSTRY	OWNERSHIP %	ACQUISITION DATE	ACQUISITION VALUATION	TOTAL ASSET VALUATION
CHEMBA	MOZAMBIQUE	ENERGY	70% IIB-DG	OCTOBER 20TH 2020	$300 MILLION USD	3 BILLION USD
CHOKWE GAS POWER PLANT	MOZAMBIQUE	ENERGY	70% IIB-DG	MARCH 25TH 2021	$420 MILLION USD	4.2 BILLION USD
MOSA SOLAR ENERGY LDA	MOZAMBIQUE	CONSTRUCTION	70% IIB-DG	APR 13TH 2022	12 MILLION USD	1.2 BILLION USD
EMMANUEL HOLDING GROUP	MOZAMBIQUE	DEVELOPMENT	70% IIB-DG	APRIL 29TH 2021	3 BILLION EUROS	30 BILLION EURO
MONTEPUEZ GRAPHITE PROJECT	MOZAMBIQUE	MINING	70% IIB-DG	MAY 20, 2022	95 MILLION	950 MILLION

ENERGY, OIL REFINERY, and GAS

NIL CONSULTORIAS & SERVICOS LDA: IIB-DG acquired NIL Consultorias and services LDA- for the purposes of designing, financing, constructing, and developing the Chokwe 124MW Combined cycle plant, which will have a knock-on effect on the economy of the country and creation of employment.

SOCIEDADE HIDROELECTRICA DE MOZAMBIQUE, SA: IIB-DG acquired Sociedade Hidroelectrica De Mozambique, SA, on October 20, 2020, for the purpose of designing, construction, operating, maintaining, financing, insuring and managing Chemba 1 Hydropower project in Mozambique for the benefit of the Republic of Mozambique and benefiting the communities living in the areas surrounding the project.

DEVELOPMENT

EMMANUEL GROUP SA: EMMANUEL GROUP SA is a privately owned indigenous company focused on providing diverse services to the housing sector in Mozambique, sustainably. The company was established by two visionary directors who hold an equal shareholding of 50%. For the implementation of the project, Emmanuel Holding Group has established the Moamba Smart City-PTY, whose role is to implement and manage the subsidiary businesses, e.g., housing administration, education, retail, leisure, and social responsibility. The Moamba Smart City will be located 70 Kilometers away from the capital city Maputo, on the Highway to South Africa. We possess a title deed of 370 hectares of land where we aim to develop the city.