EFTA01367095.pdf

Amendment #4 Page 666 of 868 1:0/14/ .91..CslAmit bib Trust agreement On Apo] 5. 2013, the Company and La Fickeiaria S A stitteScribed to sad toted with the purpose of constituting a trust of irrevocable designation for whch the Company transferred the trust assets on !duct:try domain to La Fiductana This trust agreement was signed in order to guarantee the financial obligations assumed which Genoa Internacional del Peru S A A for the constructions of the hyckcesedre plants See note 10 The purpose of the contract is the following (I) Administer the Mal assets and the trust bank accounts (ii) The Trial Equity can be used as payment means of the guaranteed oblgations (u) The Trutt! Equhr can be used as guarantee of faithfully and time!/ compliance of the guaranteed obligabore (d) Approval of financial statements 7te tinancia' statements for he year ended December 31, 2014 have been approved and mehorized for their issuance by Management and will be submitted to the Board Or DreclorS and the Cereal Shareholders- Meeting for their approval within the terms established by law In Managements op nlOn. sad rinanoai statements wil be approved without modlicaton 2. Operating regulation and legislation that affect the activities of the elettriCrty induStry T re main leg ii:5011S &feting the Company's achydies are the follaverd (al Electrical concessions Irw— in Peru the electricity scoter is ruled by the Electncal Conoesvons Law. Decree ..aw N 25844 enacted on Noventer 19. 1992. its Regulation Supreme Decree N 000.93-EM enacted on February 25 1993 and its amendments and extensions such as Law N 28832 Law to Ensure the Effeent DevcOpmerf of Electric Generation' Pursuant to the Eectreal Concessions Law the electrical/ setter a divded alto three main suo-sectors each one comprising a dfferent activity electricity generaton transmission and cfismOubon In accordance wish Said Law arc Moe 'Law to Ensure the EtIcient Development of Electncity Conerabon the operaton of power generation plants and transmission systems are sutsect to the provisions of the Ecoromc Operation Committee of the National Interconnected System (COESSINAC, by its Spanish acronym) with the pirpose of coons rating said operation at a m nmum cost preserving the safety of &scale energy supply and the best usage of energy resources. as well as the parneg of the SEIN development and the short-term market admnstration COES-SINAC determines the pncing of the power and energy transfers between generators The main changes introduced by the Law are related to the parbopeten in short-term market of fistntstton companies and large free customers, datntaftOrS and customers aesges generation companies as rremters of COESSINAC modifying tne structure ot this organization Also. it regdates the procedure for dstnbuton compares b convene biddingslO ensure energy supply to the regulated market Tin law has also amended ale legal framework for the electrogy Ira nsmsson actmbes F-346 http://cfdocs.btogo.com:27638/cf/drv7/pub/edgar/20 15/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058623 CONFIDENTIAL SDNY_ GM_00204807 EFTA01367095