AND ASSOCIATES SAEngineering & Management Consultants

www.salfo.gr | 1

Company Profile

CCOOMMPPAANNYY DDEESSCCRRIIPPTTIIOONN

SSAALLFFOO && AAssssoocciiaatteess SSAA is a leading International Engineering and Management Consulting Firm offering

state of the art services in the market, covering a wide spectrum of facilities and technologies used.

The services offered cover the whole project life-cycle from conception to commissioning, maintenance and

operation of the facilities. SSAALLFFOO && AAssssoocciiaatteess SSAA is committed to provide its clients with proven cutting-edge

technical solutions at the highest quality standards. Our strategy involves the close cooperation and active participation with every relevant client in a transparent and effective manner so as to fully attain its goals

regarding cost, time and quality.

SSAALLFFOO && AAssssoocciiaatteess SSAA through its involvement in large scale projects financed by governments and international donors has proved its ability to work with international organizations and has fully incorporated in

its production process design, management and procurement requirements adopted by the international institutions.

Our client list includes both private and public bodies where ddeessiiggnn,, ssuuppeerrvviissiioonn aanndd mmaannaaggeemmeenntt services

have been offered for the development of HHiigghhwwaayyss,, RRaaiillwwaayyss,, PPoorrttss,, MMaarriinnaass,, AAiirrppoorrttss,, aanndd CCoommmmeerrcciiaall &&

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Our record includes some of the most challenging projects being developed in Europe during the last decade

including the Egnatia Motorway the Greek part of the European route E90, a total of 670Km, the high speed

railway line between the major cities of Patras – Athens – Thessaloniki plus major programs / projects in Middle

East like Al Reem Island Development, The Corniche Mixed Use Development (Nation Towers), Ghantoot bridges, South Shamka infrastructure project, Eco Point- Saadiyat Development and Khalifa Port Indusctrial

Zone Infrastructure project in UAE; the North/South Extensions to Ras Abu Abboud Road Project & NDIA

project in Doha Qatar and Saudi Railways Program in Kingdom of Saudi Arabia

Our buildings capabilities have expanded with the acquisition of the architectural engineering specialists

TTHHYYMMIIOO PPAAPPAAYYAANNNNIISS AANNDD AASSSSOOCCIIAATTEESS IINNCC ((TTPPAA)),, which is now owned and a member of SSAALLFFOO &&

AAssssoocciiaatteess SSAA,, a company that has a long-standing presence in Greece and abroad.

Since 1959, functioned as a purely architectural design firm but later it incorporated departments of structural studies and studies of electrical and mechanical infrastructure, in order to cover the demands of complex studies in a holistic way. Many international and Greek distinction awards, publications and scientific reports

make the work of the company widely known for its quality and reliability.

SSAALLFFOO && AAssssoocciiaatteess SSAA, bases its success and development in its human resources that meet the highest

academic and professional standards and to the continuous adjustment to the emerging technologies and

techniques.

All services provided by SSAALLFFOO && AAssssoocciiaatteess SSAA are guaranteed through professional liability insurance policy. The company since 2003 has been accredited by TUV-CERT with ISO 9001: 2000, Quality Assurance Certificate,

Quality Assurance Certificate and its Environmental Management and Occupational Health and Safety Systems have been recently certified with ISO 14001:2004 and OHSAS 18001:2007.

HEAD OFFICE AND BRANCH & SUBSIDIARY OFFICES DETAILS

Full Company Name : SALFO & ASSOCIATES SA.

ENGINEERING & MANAGEMENT CONSULTANTS Year of Establishment: 1994

Company Owners : MR. IOANNIS FOTEINOS MR. GEORGE SALPEAS

Head Office Contact Info: 11 VOULIAGMENIS AVE., 116 36 ATHENS –GREECE Tel.: +30 210 9210080 / Fax: +30 210 9210487 URL: www.salfo.gr / E-mail: info@salfo.gr

Branch Offices & Subsidiaries Contact Info: MIDDLE EAST

- UNITED ARAB EMIRATES - ABU DHABI Branch Office: P.O. Box 126579, Abu Dhabi – United Arab Emirates

Tel.: +971 2 6339940 / Fax: +971 2 6339946 / E-mail: info@salfo.ae

UNITED ARAB EMIRATES - DUBAI Branch Office:

P.O. Box 393729, Dubai - United Arab Emirates

Tel.: +971 4 3957730 / Fax: +971 4 3958170 / E-mail: salfodubai@salfo.ae

- QATAR - DOHA Branch Office:

P.O. Box: 30066, Doha - Qatar, Tel.: +974 4 4421036; +974 4 4421058/ Fax: +974 4 4425508 / Email: salfo@salfodoha.com.qa

- SULTANATE OF OMAN - MUSCAT Branch Office:

P.O. Box 302, Post Code 117

Tel: +968 24482092 / Fax: +968 24482420 / Email: info@salfo.om;

- KINGDOM OF SAUDI ARABIA - RIYADH Subsidiary Office:

"SALFO & ASSOCIATES SAUDI ARABIA" P.O. Box 92684, Riyadh 11663 KSA

Tel.: +966 11 2254453 / Fax: +966 11 4503560 / E-mail: info@salfo.sa EUROPE

- CYPRUS - NICOSIA Branch Office: "SALFO AND ASSOCIATES LTD" P.O. Box 1061, Nicosia - Cyprus

Tel.: +357 2 2452600 / Fax: +357 2 2452611

- ROMANIA- BUCHAREST Branch Office:

"SALFO & ASSOCIATES S.A - Bucharest Branch" Sector 1, Calea Floreasca nr. 48B, Subsol, Birou 4, Bucharest

- ROMANIA- BUCHAREST Subsidiary Office:

"SALFO ENGINEERING GROUP S.R.L"

Sector 2, Str. Dragos Voda, nr. 53, 1st floor, Room 14, Bucharest

- SERBIA -Belgrade Subsidiary Office:

"SALFO & ASSOCIATES SA" D.O.O

Tadeusa Koscuskog 30, 11000 Belgrade

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SSAALLFFOO having vast experience in Greece and abroad is presently working on infrastructure projects in Balkan

countries and Cyprus, having already established offices in Romania, Cyprus and Serbia.

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Since 2006, SALFO is expanding its services in the Gulf area by establishing branch offices both in

the UAE (Abu Dhabi) and in Qatar (Doha). Since 2013, in KSA and since 2014 in Sultanate of Oman.

At present, SSAALLFFOO is participating as a sole consultant or sub-consultant for the project management of major projects in the Gulf area.

These are as follows:

o IInn QQaattaarr- Construction Management Services for the North/South Extensions to Ras Abu Abboud Road Project

- New Doha International Airport Bike Path, Bus Shelters & Parking Lot Shade Structures

- NDIA Landscape Enhancement & Street Lighting and Flag Poles- Doha Expressway Program

- Review Traffic Impact of three major projects inside RLC (Qatar Petroleum)

- Messila Resort & VIP Spa

o IInn UU..AA..EE..- The Infrastructure for the Al Reem Island Development (Abu Dhabi)- The Infrastructure Design and Construction Supervision of the Ghantoot

Development Project (Abu Dhabi)

- The Corniche Mixed Use Development Project (Nation Towers) - The South Shamkah Development

- Eco Point – Saadiyat Development - Khalifa Port & Industrial Zone A

- Al Ain Wildlife Park and Resort

o IInn KK..SS..AA- Residential Complex in Riyadh- Design Support to the Saudi Railway Company

- Detailed Master planning & engineering services for Jazan Industrial City & Jeddah Industrial City

o In Oman- Mina Group Fuel Tank Facility in Salalah- CCED - Accomodation Camps Office Building- Wade Adams - Duqm Channels- Public Authority for Consumer Protection - Technical Advisor - Oman Oil - Design Services

SALFO & ASSOCIATES SA

HEAD OFFICE GREECE

SALFO & ASSOCIATES

ABU DHABI BRANCH - UAE

MENA REGION

SALFO & ASSOCIATES

DOHA BRANCH - QATAR

SALFO GROUP

SALFO & ASSOCIATES SA

BUCHAREST BRANCH

SALFO & ASSOCIATES LTD

SERBIA-SUBSIDIARY

SALFO & ASSOCIATES SAUDI

ARABIA – KSA - SUBSIDIARY

THYMIO PAPAYANNIS ASSOCIATES

AFFILIATE - GREECE

SALFO & ASSOCIATES SA CYPRUS

BRANCH OFFICE

BALKANS

SALFO & ASSOCIATES

MUSCAT BRANCH – OMAN

SALFO & ASSOCIATES

DUBAI BRANCH - UAE

SALFO & ASSOCIATES SA

BUCHAREST-SUBSIDIARY

MMAARRKKEETTSS RRooaaddss Our experience covers all types of new road infrastructure or upgrades to exisiting corridors under varying soil conditions, both in urban and interurban environments. Our focus on all assignments that we undertake is safe ty, social impact, sustainability, buildability and wh ole life costing. Our experts can provide the full range of services related to roadway engineering, such as:

- Planning and Design - Feasibility Studies - Environmental Impact Assessments - Programme and Project management - Construction Supervision - Technical Advisory for Public Bodies - Geotechnical investigations and assessments - Pavement engineering - Control Systems - Traffic management and road safety audits - Landscaping - Maintenance and Operation advisory - Transaction Advisory

TTrraaffffiicc EEnnggiinneeeerriinngg && PPuubblliicc TTrraannssppoorrtt

SALFO's transport planners and traffic engineers are experienced in the forecasting of socio-economic parameters, traffic surveys and travel-demand forecasts, feasibility studies of transport projects and long-term planning of transport networks. Our staff have extensive experience in the development of dynamic state-of-the-art transportation models and can undertake any travel-demand surveys and studies. We are also active in traffic management surveys and studies. Our relevant activities include traffic organization and impact studies, design and optimization of traffic signal systems, as well as the design of modern integrated traffic control and management systems.

RRaaiill && TTrraannssiitt The core expertise provided by SALFO includes:

Railway Design: Alignment, signaling & telecommunications, geotechnical, infrastructure, tunnels, drainage, track work, stations (underground, elevated or at-grade), depots, noise & vibration control, rolling stock, safety, traction power, design & optimization of signal systems, integrated control & management systems

Transport Studies: Feasibility studies, strategic planning, forecasting of socio -economic parameters, surveys & travel-demand forecasts, long-term planning of transport networks, organization & impact studies

Railway Maintenance, Operation & Repair Management Program & Project Management Construction Management & Supervision Transaction Advisory Services/ Project Finance

BBrriiddggeess && TTuunnnneellss We are experienced in all types of road and rail bridges, such as long-span, prestressed, post-tensioned, suspension, cable-stayed, segmental, steel and concrete. Our experience in tunneling covers both conventional (NATM, cut & cover) and non-conventional (TBM, Open Face Shield) methods. Our experts can provide the full range of services related to Bridge and Tunnel engineering, such as: Bridge and Tunnel Design Structural and seismic analysis Rehabilitation and reconstruction design Bridge or Tunnel Inspection and Condition Surveys Environmental Impact Assessments Project Management and Construction Supervision Tunnel Control Systems

PPoorrttss && MMaarriinnee To this end SALFO off ers a variet y of spec ialized services ranging from stra tegic advice and feasibility studies to construction supervision for port and marine infrastructure, both for p assengers and freight. Maritime Transport (freight transport and

sea-route design, feasibility studies, combined transport projects etc.)

Port Planning (business plans, port system development, port master planning etc.)

Harbour Works (seaports and terminals, small craft harbors and Marinas, loading/unloading facilities, quay walls, jetties, ship repairing facilities etc.)

Coastal Protection and Management (protection of eroding coasts, land reclamation, beach nourishment etc.)

Structural Analysis (building complexes, road bridges, storage facilities etc.) Hydraulic modelling; E/M Installations (building networks, port n etworks and equipment, railway tunnels ventilation and

aerodynamics etc.) Environment (EIAs, accidental pollution prediction modelling, siltation prediction modelling etc.) Project and construction management Transaction advisory/ Project Finance Operation and Maintenance Advisory Services

AAvviiaattiioonn Our capabilities in the aviation sector include: Strategic Planning and Forecasting Transaction Advisory Project and Construction Management Airport Master Planning Airfield Design Airport Building Design Airport Systems Design Access Infrastructure Planning and Design Environmental Impact Assessments Noise and air impact measurements and

assessments

Our services extend to the design and construction of all airport facilities: Passenger and cargo terminals Runways, taxiways and aprons Aircraft maintainance buildings and hangars IT systems Utilties and electromechanical installations Parking areas Access Infrastructure

BBuuiillddiinnggss Our versatility and long-time experien ce in building engineering allow us to undertake and delive r successfully: Complex studies of space management Complete designs of building projects,

including architectural, structural and electromechanical designs

Master Plans Project and construction management Interior design studies Energy saving studies Building Information Modeling Environmental Impact Asssessments Feasibility Studies Transaction Advisory/ PFI Projects

Our track record includes almost all types of buidlings and property developments: Leisure and tourist developments, hotels and resorts High rise buildings Industrial facilities Cultural buildings and heritage preservation Health facilities Sports facilities and stadia Educational facilities Corporate offices and banks Retail Housing Conference and exhibition centres, venues

WWaatteerr && WWaasstteewwaatteerr Our capabilities include water resource management studies, hydraulic studies and modeling, design of water sup ply systems and networks, water pumping stations, treatment plants, water storage facilities, rainwater drainage systems, flood con trol, irrigation systems environmental impact assessments and cost-benefit analysis, investment assessments for the development of water-resources systems at national or regional level. Our professionals can also support the wastewater industry by providing engineering services for municipal wastewater collection and treatment, and reuse of residues.

PPuubblliicc AAddmmiinniissttrraattiioonn Our professionals provide techni cal and management support and advice to the public sect or. We have advised public bodies and agencies in managing complex programs and pr ojects, in developing nation al strategies and polices, in their restructuring and reorganisation, as well as in managing their funders' reports and requests. We have partnered with public bodies and organisations managing public funds, by working along with t hem on a daily basis to achiev e significant national programmes and objectives , whilst at the same time safeguarding their accountability and promoting their relations with the public. We consider that training is a key objective when advising the public sector. We have therefore developed not only comprehensive training programmes, but also tools for achieving know-how transfer when interact ing with our clients' personnel, as well as tools for capturing innovations and lessons learned. These tools ensure that expertise and knowledge developed within the context of an assi gnment will not be "lost" and can be utilized for refere nce in future projects, thus developing the organization's knowledge base and skills.

OOiill && GGaass We provide Oil and Gas comprehensive consultancy services to Oil & Gas companies for their facility development and operational needs. With our technical expertise and resources, and a well-established sustainable approach we focus to meet our clients’ needs. Our solutions address the full range of oil and gas development needs. Our services cover terminals from small to large capacities, for all product classes, for trading, storage and distribution. Our terminal projects serve refineries, tanker terminals, marine bunkering, airports, power stations, as well as rail and road distribution terminals We place great emphasis on understanding our clients’ objectives and on satisfying them through all stages of a project - from feasibility studies through tendering and construction.

CCOOMMPPAANNYY CCLLIIEENNTTSS PPuubblliicc SSeeccttoorr IInntteerrnnaattiioonnaall European Agency for Reconstruction Ministry of Transport, Republic of Bulgaria Serbian Railways (ZS) NDIA, New Doha International Airport Steering Committee, Doha Qatar DG Information Society European Commission Ministry of Communications and Public Works, Republic of Cyprus

MMiinniissttrriieess ((GGrreeeeccee)) Ministry of Infrastructure, Transport and Networks, Greece Ministry of Development, Greece Ministry of Environment, Urban Planning & Public Works, Greece Ministry of Transport and Communications, Greece Ministry of Economy and Economics, Greece

LLooccaall AAuutthhoorriittiieess ((GGrreeeeccee)) Regional Administration of Peloponnese, Greece Regional Administration of Northern Aegean, Greece Regional Administration of Crete, Greece Prefecture of Cyclades, Greece Prefecture of Chios, Greece Municipality of Laureotiki, Greece Municipality of Messini, Greece

PPuubblliicc OOrrggaanniissaattiioonnss ((GGrreeeeccee)) Hellenic Railways Organization (OSE) ATTIKO METRO SA, Greece ERGOSE SA, Greece Athens Urban Transport Organisation SA (OASA) Egnatia Odos SA, Greece Greek National Tourism Organization Volos Port Authority, Greece Organization for the Construction of the New Acropolis Museum

BBaannkkss Alpha Bank EFG Eurobank Ergasias National Bank of Greece BNP Paribas Bank of Cyprus

PPrriivvaattee FFiirrmmss

VINCI Construction HOCHTIEF Hill International PARSONS HIGH-POINT RENDEL, UK INGEROP, France

Limassol Marina Ltd, Cyprus POYRY Group SETEC Group, France Steer Davies Gleave, UK STIB, Belgium Trunsurb Technirail, Belgium

Greek Exports Awards 2017

ATTACHMENT 2: FINANCIAL DATA

YEAR ANNUAL TURNOVER

(EURO) EXPORT %

2014 14,302,050.40 68

2015 20,184,908.10 75

2016 24,422,071.48 77

Average 73.3

2017* 25,000,000 82*

*Projected

Note: The above figures exclude SALFO & Associates Saudi Arabia, which has separate balance sheets.

€ 14.302.050,40

€ 20.184.908,10

€ 24.422.071,48 € 25.000.000,00

0,00

5.000.000,00

10.000.000,00

15.000.000,00

20.000.000,00

25.000.000,00

30.000.000,00

2014 2015 2016 2017

Annual Turnover

Annual Turnover

Greek Exports Awards 2017

Exports’ Progress

68%

32%

Year 2014

Exports Domestic

75%

25%

Year 2015

Exports Domestic

77%

23%

Year 2016

Exports Domestic

82%

18%

Year 2017

Exports Domestic

0

50

100

150

200

250

300

350

400

2013 2014 2015 2016 2017

VO

LUM

E O

F S

TAFF

YEARS

Salfo Staff 2013 - 2017

Greece34%

UAE15%

Qatar43%

KSA5%

Oman2%

Other0%

Greece

UAE

Qatar

KSA

Oman

Other

SALFO Staff per Branch in 2017

…some conclusions for HR in 2013-2017

✓ Salfo staff up by152% (116 to 292)

✓ Salfo Qatar up 555% (20 to 131) – 178% since last year

✓ Salfo branches up by 455% (33 to 183)

✓ In 2012, Salfo Greece 72% - Branches 28%

✓ In 2017, Salfo Greece 34% - Branches 66%

Greek Exports Awards 2017

ATTACHMENT 4: SALFO IN THE TOP 225 INTERNATIONAL DESIGN FIRMS

SALFO & Associates SA has been ranked 187th from the 198th place of last year, on the ENR Magazine Top

International Design 225 Firms list.

On the Top 225 International Design Firms list, firms are ranked based on design revenue from projects outside

of their home countries, measuring their presence in international commerce.

ENR is the only media brand that reports for over 140 years the news, data, rankings, analysis and commentary

related to the global construction industry.

SALFO & Associates SA was established in 1994 in Athens, with main objective the provision of engineering and

management services in infrastructure, transportation, building and marine projects. SALFO currently employs

more than 400 personnel, with active presence in 10 countries of the Middle East and Eastern Europe, where it

is acting as engineering and project/construction management consultant in some of the largest projects

currently under construction in these regions.

Greek Exports Awards 2017

ATTACHEMENT 5: CONFERENCES

EU ARAB WORLD SUMMIT 2017

SUPPORTERS

Greek Exports Awards 2017

Greek Exports Awards 2017

IOANNIS FOTEINOS, CEO OF SALFO & ASSOCIATES, SPEECH AT THE EU ARAB WORLD SUMMIT 2017

Greek Exports Awards 2017

SAUDI ARABIA FORUM 2017 EXHIBITORS

Greek Exports Awards 2017

LEADERS IN CONSTRUCTION WEEK

SUPPORTERS

Greek Exports Awards 2017

Greek Exports Awards 2017

IOANNIS FOTEINOS, CEO OF SALFO & ASSOCIATES, IN CONSTRUCTION WEEK ONLINE MAGAZINE

Greek Exports Awards 201т

ATTACHMENT 6: PROJECT SIGN PHOTOS

Limassol Marina PPP Project

Independent Engineer and Lenders’ Technical Adviser Services

Traffic Alleviation Program in Abu Dhabi

Design Study / Construction Supervision

Greek Exports Awards 201т

Ras Abu Abboud Road Extensions

Construction Management / Supervision

Bulk Liquid Storage Terminal Facilities, Port of Salalah

Project Management Consultant

Greek Exports Awards 2017

Vendome Mall (Qatar)

Project Management & Construction Supervision Services

Greek Exports Awards 2017

ATTACHMENT 7: KNOWLEDGE EXPORT

SALFO Training at Saudi Railways Organisation (SAR) Headquarters in Riyadh

Greek Exports Awards 2017

Saudi Industrial Property Authority (MODON) Personnel Training. Site visit at ATTIKES DIADROMES.

Greek Exports Awards 2017

Saudi Industrial Property Authority (MODON) Personnel Training is SALFO Athens Headquarters