Ann: Fluence Investor Presentation, page-128

Hi SEAH,

Thanks for your reply. Certainly the enormity of the rural population in China is easy not to be fully appreciated, by me at least. And FLC appears to have invaluable first mover advantage on the ground in terms of marketing the revolutionary water treatment technologies.

We will just have to see how keen the Chinese are and how easy or challenging they are to do business with. My guess is, in the short term at least, FLC will need to hit it’s targets in China, or Mr Market will punish the SP. This may then prove to be a great buying opportunity for the long term, all things going well. It is a very intriguing share. Monthly updates on value of contracts signed on a country by country basis would be very helpful to receive, as well as monthly revenue, and monthly cash burn, though probably wishful thinking on my part. regards to holders.