Cálidda Receivables Facility

in implementation

Gas Natural de Lima y Callao, S.A. (“Cálidda” or the “Company”) is the sole concessionaire for the pipeline distribution of natural gas (“NG”) in the Department of Lima and the Constitutional Province of Callao in Peru. This operation consists of an uncommitted revolving accounts receivable purchase line, in which the Company, based on its expertise in collections management and commercial intelligence,1 will finance its customers for the procurement of products and services such as: (i) home gas appliances (e.g., stoves, water heaters, and clothes dryers); (ii) home natural gas connections;2 (iii) energy efficient appliances(e.g., electric stoves and refrigerators) and; (iv) personal computers and other mobile computing devices (tablets, smart phones, etc.), among others (the “Project”).