Origen accepts funding from only qualified investors. A qualified investor means a person (other than a Prohibited Person) who has agreed in writing to be regarded as a qualified investor and who meets at least one of the following criteria: any government, public institution including a central bank, or any other multilateral agency. public and private pension funds, endowments, trusts, and other institutional investors. any authorized, approved, or licensed securities exchange. any market operator licensed under the Securities Industry Act, or any other person carrying on the business of providing investment services and regulated under Applicable Law. any authorized financial institution or bank which is regulated under Applicable Law. any insurer licensed under Applicable Law. any unit trust, mutual fund or other collective investment scheme licensed by the SEC, and any authorized collective investment scheme regulated under Applicable Law. any company or partnership having proven liquid assets of an amount that may be prescribed by the Securities and Exchange Commission (SEC) from time to time; or any similarly defined investor in any other securities legislation under Applicable Law.

ORIGEN will raise equity capital into the Fund. However, it will deploy the equity capital raised as loans (debt) to investors.

Fund Board: A five (5) member board comprising of experienced professionals will have oversight over the operations of the Fund. The Fund Board has an Audit and Risk committee to monitor the internal audit and risk functions of the Fund. Investment Committee An independent IC comprising three (3) members nominated by the Fund Manager and two (2) independent members (including the chairperson) nominated by the Fund Board and appointed by the Shareholders to complement its investment and fund management functions. Dedicated Portfolio Team Ashfield Investment Manager’s dedicated and experienced private credit team will be responsible for the day-to-day management of the Fund Custody of Assets All assets of the Fund shall be held separately by the Fund Custodian, Stanbic Bank (Ghana) Limited.

Ordinary shares (issued to fund manager only). Class A preference shares (issued to fund manager only). Class B preference shares (issued to all investors except the fund manager).

Origen differentiates itself in several distinct ways. These include: Speed of decision making (deal screen to investment decision - 12 weeks). Credit Decision making will be based on the robust assessment of the capacity, socio-political factors, project’s economics and financial matrix, project design and implementation as well as the social and environmental impact. Lower total cost of borrowing (sculpted security package). Managed disbursement: i. Phased drawdowns against project progress. ii. Payment will be made directly to service providers. Project owner will only receive (agreed) owner's costs. Active management and monitoring: i. Project steering committee. ii. Site monitoring. iii. Comprehensive reporting framework. iv. Step in rights. v. Technical assistance (TA) to investees

To ensure that investee companies pay back loans advanced by the fund: All loans will be secured against project assets and, if necessary, landed property, Target minimum cover will be 1.5 times ORIGEN’s total exposure at any given stage of the project lifecycle (sculpted cover). The assessment will include certified valuation by the Fund’s representatives at key stages of the project. All disbursements shall be made directly to properly procured vendors and usage shall be strictly monitored. ORIGEN shall require at least one (1) seat on the Project Steering Committee, which shall meet periodically to review project execution.

The Fund Manager will explore various mechanisms to ensure the Fund’s successful exit from investee companies in a manner which provides the Preference Shareholders with attractive returns within the life of the Fund. The Fund Manager will factor the following exit options into its deals at the structuring stage, prioritizing them in order of feasibility and the ability to provide the best possible return: project financing. self-liquidating instruments. trade sale to third parties. listing on a stock exchange. sale to financial investors. share buy-back by the sponsors of the investee companies. exercise of put options on the Fund or other shareholders; or share swaps, mergers, or any other mechanisms which will maximize value shall be considered as additional exit mechanisms