XUE (Carol) LI

Key responsibilities: ° Lead project team to add new power generation MW into company’s portfolio through greenfield project development, IPP/PPA/Concession Bidding and M&A. Main markets in charge include Latam, Oceania, Central Asia, Southeast Asia, ° For greenfield projects, establish sound understandings of all local power markets and greenfield project development processes (particularly familiar with Australia, Chile and Brazil). Work with professional manger teams in all regional companies to deliver projects from the beginning, heavily involved in activities including land leasing/option/acquisition, environmental and development permit and license application, connection studies and connection applications, connection contract negotiation, power purchase contract negotiation, project financing establishing, EPC tendering and contract negotiation, etc. ° For M&A and IPP projects, see through the project process including project filtering, project valuation and investment sanction as project manager, heavily involved in financial modelling, assumption settings, due diligence, commercial and financing terms and contracts negotiation. ° Communicate with key stakeholders in the whole decision process.Prepare and present all reports and presentations that relates to projects. Project delivered: ~3000MW of Gas fired generation projects through M&A (constructing and greenfield projects when acquired, now become operational and constructing) ° ~2000MW of renewable generation projects through greenfield development, M&A and PPA Bidding, ~1200MW now become operational, ~800MW still constructing or under development. ° Participated in more than 10GW other projects which didn’t get though till the end. Including ~1800MW of greenfield development and RTB project acquisition ~ 1000MW of renewable IPP/PPA bidding project, ~3500MW of operational hydro acquisition, ~1000 MW or operational gas generation project acquisition, and others.

Key Responsibilities: - New Business ° Identify and/or evaluate opportunities for development or acquisition that fit the development portfolio. Actively involved in the development or acquisition process including project filtering, land leasing/option, permit application, connection studies, power purchase contract negotiation, project financing, Due Diligence, assumptions settings, financial modelling. ° Manage and coordinate the preparation and communication of the project investment case with the Board and Shareholders. - Wholesale and Retail ° Develop a strong understanding of the Australian Electricity market (both wholesale and retail), the Australian regulatory framework and Pacific Hydro’s Australian revenue portfolio. ° Identify revenue contracting opportunities – and ensure Pacific Hydro Australia has the project development pipeline to meet these opportunities. ° Identify and evaluation retail acquisition opportunities. ° Support the preparation of the generation and retail strategy in line with Board and Shareholder requirements. ° Prepare and present packs for both internal and external meetings and processes including Board paper and market reports.  Projects/Results delivered: ° 210MW of wind and solar greenfield projects started from beginning and went into operational. ~other 1500MW of solar, wind, BESS and pumped hydro pipeline projects added to the company portfolio. ° Analyse other ~2000MW project opportunities which didn’t go through till the end. ° Developed a profound understanding of the wholesale and retail business, and strongly pushed up the level of understanding and support in the Board and Shareholder level of the business. ° Trading Policy of the company was widely explained, understood, and upgraded as per the approval of the Board. ° The retail business had grown to almost 3 times as the size from 2 years ago ° Various of analytical tool had been developed to analyse and understand the hedging book of company.

Key Responsibilities: ° Lead or Involved in development or acquisition of renewable projects in Australia, Brazil and Chile, with major responsibilities of agent interfacing, asset evaluation, market research, group internal reporting, as well as governmental approval procedures. ° Involved in preparation of long term and company strategy and implementation plan. ° Responsible for tracking of all development projects, departmental monthly report, and monthly update. ° Main interface with Group Headquarter for approving the projects. ° Lead NDRC, SASAC, SAFE and other governmental authority communication, reporting and approval applications. Projects delivered: ° Wining bidder of ~1700MW hydro power generation project government operation concession. ° Acquisition of a multi-national international renewable platform of around 1GW of install capacity ° Acquisition of ~100MW operational wind project. ° NTP of 3 renewable projects. ° Participated in more than 20 projects which didn’t go through till the end, including the bidding of 500MW PPA plus development right wind project, the acquisition of 500MW Chilean &Peru asset platform, acquisition of ~3600MW operational hydro power plan, etc.

Commercial Manager in SNPTC – Westinghouse Joint Venture (Sep 2014- Feb 2016) ° Lead negotiation of company principle contract – Technology License Agreement with Westinghouse. Conducted more than 30 rounds of negotiations and closed the agreement signing. ° Lead negotiation of company principle contract – Service Agreement with Westinghouse, participated in more than 20 rounds of negotiations and closed the agreement signing. ° Responsible for negotiation for company’s export-import contracts and executed Nuclear Degree commodity importing works. Commercial Lead in SNPTC – Westinghouse Joint Venture (Jul 2013-Sep 2014) ° Involved in company starting up with all different aspects ° Participated in company introducing, product marketing and promoting ° Visited more than 20 of nuclear equipment manufacturing companies for business cooperation opportunities and responsible for maintaining relationship with all potential partner companies ° Assisted GM and VP for other daily issues. International Affair Coordinator – Nuclear Equipment Manufacture Co. (Jul 2011-Jul 2013) ° Organized more than 120 times foreign visiting receptions and interpreted in meetings and visiting reception events. ° Translated over 300 technical documents, drawings and correspondences of more than 1,500,000 words, including Westinghouse Specifications, materials for national key S&T special projects, ASME, ASTM codes, biding contracts, etc. ° participated the company ASME certification renewal work. ° Part-time document control engineer with up-stream documentation handling.

 Program Coordinator: ° Receive student visits, respond to enquiries and administrative work. Daily communication with American office ° Interview and recruit Chinese Students for Undergraduate program. ° Maintain Alumni relationships and host activities and annual gathering. Host university president and professors’ periodic visit to China. ° Agency and Chinese university cooperation communication ° Main presenter in program marketing activities, attend education exhibitions, and present university programs to more than 3000 students and parents.