OTI Energy : Pressemitteilung vom 18. Mai 2015

150518 draft press release new board members

Lugano, 18 May 2015

New Board Members

Following the resignation of two members of the Board of Directors as communicated on 8 May 2015, the Board of OTI Energy SA has decided to propose Messrs Giovanni (Gianni) Maria Operto and Guido Gregorini as new members to be elected as soon as possible. The CVs of the proposed new members are attached hereto. Mr Gianni Operto will also be proposed for election as President of the Board.

Until replacement elections will be taking place, the Board has designated Mr Nicolò von Wunster to act as interim President.

Further inquiries:

Nicolò von Wunster, CEO and President ad interim

OTI Energy SA - Via Nassa 31 - Casella Postale 6199 - 6901 Lugano

Tel. [phone] - Fax [phone] - Iva nr. 753763

IDI nr. CHE - 101.017.162

Email: [e-mail]- www.oti-energy.ch

Curriculum Vitae Gianni M. Operto

Giovanni ("Gianni") Maria Operto

Bergwisenstrasse 13, CH-8123 Ebmatingen ZH Home Phone [phone]

Cell Phone [phone]

Home Office [phone]

E-Mail [e-mail]

Visionary and entrepreneurial, excellent communicator, gains respect from all levels of an organization thanks to his multi-cultural background. Through his career has built upon a broad and strong technical foundation and understanding, and has matched it with essential knowledge and experience from the commercial, financing, legal and transaction side. Sought conference speaker with multiple "best speaker"-awards.

Work Experience

02-2014 Caterva GmbH, Munich-Pullach

- presentAdvisory Board

01-2012 Werner Siemens Foundation, Zug,

- presentChairman of the Scientific Advisory Board

08-2011 SUSI Sustainable Investments, Zurich,

- presentAdvisory Board

05-2011 greenTEG AG, Zurich,

- presentNon-Executive Director

01-2011 Operto AG,

- presentFreelance CleanTech Consulting

01-2008 Good Energies AG, Zug (http://www.goodenergies.com)

- Investment Director

12-2010Good Energies is a division of COFRA, the family owned and managed holding company of the Brenninkmeijer family (C&A chain). Since its inception in 2001 it
quickly grew to a leading investor in renewable energy and energy efficiency. With
5 offices worldwide and some 65 staff, it manages an annual investment budget of some 350 MEUR.
- Chairman of Concentrix Solar GmbH, Freiburg i.Br., Germany. Guided the company through the completion of its management team, the launch of its
international sales during the breakdown of its target markets, and finally the
successful sale to a strategic acquirer.
- Developed investment strategy for the "frontier technologies" cluster.
- Instrumental in structuring and implementing the investment process.
- Coached team in the process of analyzing prospects, selecting targets, structuring new investments and follow-on financing rounds, and in nurturing portfolio companies.

03-2001EmeraldTechnologyVenturesAG,Zurich(http://www.emerald-ventures.com), formerly SAM Private Equity, a division created in December 2000 within SAM Sustainable Asset Management AG, Zurich,

Partner

Emerald Technology Ventures (ETV) is the leading European venture capital fund in the cleantech space, now the 3rd largest VC sector after biotech and ICT. On a
worldwide basis, ETV is one of the top 5 VC funds in its sector.

- JoinedETVduringitsinceptionphaseas2ndpartner,helpedstructurethefundandwasinstrumentalinraisingthe3fundsandwinningthe2portfoliomanagementmandatestotallingalmost300MEUR.

- Helped build team of 6 sector analysts. Led development of sector strategies from technology / market identification to deal flow generation to deal selection.

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Curriculum Vitae Gianni M. Operto

- Led or co-led 10 out of 38 investments. Represented ETV on the board of directors of 7 portfolio companies, with excellent references by all CEOs and other directors/shareholders.
- Instrumental in several follow-on financing rounds of portfolio companies.
- Instrumental in negotiating both the merger of Pemeas with E-Tek, an American startup ideally complementing its product portfolio, and then the sale of the merged entity to BASF.

01-1999 Nextech Venture AG, Zurich (http://www.nextechventure.com)

Co-founder and Managing Partner

In cooperation with the founding partner developed the strategy, set up the structure, raised commitments of more than 70 MCHF and successfully initiated the
investment process:
- co-led the initial investment from syndication to contract negotiation and signing in a biotech-start-up company spun off from the university of Zurich.
- identified and was lead manager from deal syndication to contract negotiation and signing on the initial investment in a medtech spin-off from the SFIT Lausanne
(Swiss Federal Institute of Technology). Helped recruit a chairman and served on the board of the company as non-executive director.

09-1994 Zurich Municipal Electric Utility (ewz Elektrizitätswerk der Stadt ZH)

President and CEO

Although ewz (http://www.ewz.ch) is municipally owned, it historically serves major parts of eastern and southeastern Switzerland, and is therefore approx. the 6thbiggest Swiss electric utility. Totally vertically integrated, fully owns 4 hydro plant systems, holds interests in another 5 hydro plants and 4 nuclear plants, part-owns
the Swiss transmission systems, and fully owns the distribution system in the City of Zurich, marginally involved in some trading. Total approx. revenues 500 MCHF,
780 employees. Non-executive member of the board in 4 Swiss hydro plants and
2 nuclear plants, one of which international.
Development and implementation of the company's initial business strategy, which led to a four-fold increase in free cash flow within 3 years despite shrinking sales in the service area and without increasing tariffs. World's first and Europe's most
successful solar power stock exchange. Awarded both the European and the
Swiss Solar Prize in 1998. World's first lease and lease back transaction on a hydro power station (1.119 BUSD).

11-1991 ABB Power Generation AG, Baden (now Alstom Power)

Vice President Service Steam Power Plants

Responsibility for the worldwide sales of products and services for steam power plants ranging from basic spare parts and maintenance tools to large and complex
plant modifications and retrofits, including third party equipment (non OEM).
Development and implementation of new service strategy which led to an increase in order intake from 80 to 250 MCHF while reducing staff from 160 to 100,
including ISO 9001 certification.

08-1989 ABB Power Generation AG, Baden

Steam Turbines Development Manager

Responsibility for the timely and efficient development of marketable new products as well as continuous improvement of existing product lines. Know how and know
why assurance (general competence level). Coordinated efforts with multiple ABB
internal and external R&D institutions. Managed 120 employees.

03-1985 BBC Brown, Boveri & Cie. AG, Baden

Senior Commissioning Engineer

Commissioning of a 300 MW coal fired steam power plant in Portugal. Recommissioning of a steam power plant in Denmark after modification for district
heating and of two US American nuclear third party steam turbines after
modification. Commissioning of the water and steam cycle of a combined cycle power plant in the Netherlands. Various training, overhaul, start up, trouble shooting and failure analysis assignments in Switzerland, Italy, Portugal, Denmark, Finland, South Africa, Puerto Rico, and the USA (IL, WV, CA and ND).

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Curriculum Vitae Gianni M. Operto

01-1982 BBC Brown, Boveri & Cie. AG, Baden

Development Engineer

Development of steam turbine last stage blades.
Responsibility ranging from development of design standards and methods to planning, supervision and analysis of laboratory and field tests. Contributed successfully as technical expert to various sales presentations.

Education

11-1989 London Business School, London, United Kingdom

Accelerated Development Programme

12-1981 SFIT (Swiss Federal Institute of Technology), Zurich, Switzerland

MS Mech. Eng.(Dipl. Masch.-Ing. ETH)

10-1973 Aargauische Kantonsschule, Baden, Switzerland

Matura C (mathematical / scientific orientation)

Memberships

i Alumni Association of the SFIT Zurich (ETH Alumni, formerly GEP)

i London Business School Alumni Association

(President of the Swiss Chapter 1992-2001)

i RotaryClubZurich

Honors

i SCCER Storage (Swiss Competence Center for Energy Research)

Steering Board

i Swiss Academy of Technical Sciences, chair of energy commission

(07-2011 - 12-2013)

i Advisory Committee to the Swiss Federal Ministry of Energy

Advisor for transition to post-nuclear energy system

i CavaliereOMRI

(Ordine al Merito della Reppublica Italiana (Italian knighthood))

Personal Data

i Born1954-03-31inLeuggernAG,Switzerland

i Italiancitizen/Swissresidenceandworkpermit(type"C")

i Languages:FluentinGerman,Italian,EnglishandFrench

Good knowledge of Spanish, basic knowledge of Portuguese

i Married,4children(1984/1988/1990/1995)

i Hobbies:

- Cultural activities (classical music, theatre, history)

- Choral singing (bass)

- Travelling, good food & wines

- Endurance sports such as running, biking, mountaineering

(former chairman of the track & field section of the local sports club, member of the board of the regional T&F association, taught 4 different disciplines at academic sports club).

- Vintage Moto Guzzi motorcycles

(owner of a V7 Sport, a V7 Special, and a California II with sidecar)

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CV Guido Ventura Gregorini

Born in Milan Italy: 03.07.1975

Nationality: Lugano, Switzerland & Milan, Italy

Contact Details:

[phone]

[phone] [e-mail]

PROFESSIONALPROFILE:I am an appreciated Financial Controller and a skilled manager. I own, from education and professional experiences, a complete professional profile of engineering, organizational and finance skills. Furthermore, I have brilliant relationship and managing capabilities with strong predisposition to leadership.

Professional Employment History

Roles covered:

Member of the board SSM (Schweizer Schule Mailand) Responsibilities Finance and accounting

Member of the board E.L.E Lux SA Luxemburg

2015ActualAmbroSuisseSA(Switzerland) Position / Title: Senior Financial Analyst

Responsibilities: M&A, JV, Corporate Evaluations, Business Planning, Governance

2012-2013 Freelance consultant

Adviser for business planning and forecasting

Some of the projects:

Alga tarifa S.L. Tarifa Spain

Sogepi SpA - Consulting/business planning for a new algae plant in Crotone

DocuBox Italy SrL - Consulting/business planning for bank financing

Acies SpA - Consulting/business planning developing new algae beverages

2008 - 2011 D.A.Card(Switzerland)

Position / Title: Group Financial Controller and few months as CEO

Responsibilities: Business planning, cost control, bank relations, credit & debit management including legal aspects.

Subsidiaries:

Bryvarc Trading Company Srl (Italy) CEO

Pikappa SpA (Italy) Financial Controller

Bryvarc Ltd (Malta) NewCo, Financial project leader

Pre settlement: development of industrial project, bank, and govern financing

Post settlement: bank and govern relations

2006-2008Bryvarc Trading Company Srl (Italy) Position/Title: Financial Controller

Responsibilities: Preparation of financial reports, budgeting, forecasting & analysis of movements. ERP developing and maintenance.

2005 ENI SpA Division E&P (San Donato Milanese) Position/Title: Post training as financial controller

Responsibilities: Economic profitability analysis of business performance compared to competitors

(2000-2004) through oil market (exploration and production) with specific indicators and analysis for BOE (Barrel Oil Equivalent).

2004 NETCO Srl (Milano)

Position/Title: Assistant Production Director

Responsibilities: Production Management

2000 Cementeria Di Monselice SpA (Padova) Position/Title: Operations Research Manager

Responsibilities: Researching training methods and models to bear on decision making for the company.

1999 Microalgae SpA (Taranto) Position/Title: Operations Manager

Responsibilities: Installation & Operations department manager.

Education / Qualifications

December2005Master in Accounting & Control

Università SDA Bocconi Milano

Management in Accounting & Control, National Accounting Standards & IFRS (International Financial Reporting Standard) Corporate & fiscal Taxation & Law.

July 2004 ProfessionalExaminationCertificationMinistero dell'istruzione, dell'università e della ricerca - Milano. Engineering Construction, Information Technology & Production.

April2004Engineers Degree in Management

Politecnico di Milano.

Economics & Financial Management - (5 years)

July 1994 Degree in Science

Instituto Leonardo Da Vinci - Lugano - Switzerland.

Pure Maths, Physics, Astronomical Geography, Latin, Philosophy, Chemistry.

LanguagesMother Tongue: Italian Fluent: English

Average Knowledge: German (A2 Goethe plus 50 h lessons one to one Goethe) Knowledge: Spanish / French

Computer Skills

· MSOfficePackage

· Knowledgeofanarrayofmanagementsoftwaremostlywiththemodulesinfinance&

accounting. SAP FICO, SAP BW, AS400, MAGO XP, sistema impresa IPSOA

· ChartofAccounts&Maintenancemanagement.

YoursfaithfullyGuido Ventura Gregorini