About M.I.B.

Mellat Investment Bank (M.I.B.) is an Iranian investment bank founded by Bank Mellat in 2011.

It is licensed as an investment bank offering services in Iran. Mellat Investment Bank is a private company established in the State Organization of Deeds and Properties, Company Registration General Office in Tehran by Mellat Bank. Its capital is 2500 billion Rials now. The company officially began its operations after obtaining its license from the Securities and Exchange Organization (SEO) of Iran. M.I.B. is under the supervision of SEO& Central Bank of Iran. (For more information please refer to http://www.mellatib.com/About-M.I.B)

We provide professional advice and innovation to clients across M&A, Equity and Debt Capital Markets, Asset Management, Financial Services and Energy Project Management Services. We continue to build and develop our knowledge of the markets, keeping our clients one step ahead, with the right information and support to meet their objectives. We have served corporations, state-owned banks and investors in Iran and ready to give similar services to international clients. (For more information please refer to http://www.mellatib.com/Business-Lines)

Our Corporate Finance team has advised a number of large corporate organizations in Iran in term of expansion via a public listing exercise. We continue to support many of these companies, post-listing, on their funding requirements via fund raising activities in the equity market. Financing is the main business unit of M.I.B. including Debt& Equity Financing and Project Finance services.

Our in-depth knowledge of the rules and regulations and relationship with the authorities has given us insight in providing the optimum solutions to our clients.We serve as an independent, objective advisor in financing situations, with expertise across the entire spectrum of capital structure decisions. Commitment, integrity and professionalism are values that have enabled M.I.B. to become one of the leading investment banks in Iran capital markets today.

We do different financing services including initial public offering& underwriting, issuing Islamic instruments such as Ijarah, Musharakah, Murabaha, MBS, Istisna, sukuk and so on. The team provides our clients with independent advice, experienced judgment, and key insights on all aspects of debt financing services.

Our Corporate Finance team has advised a number of large corporate organizations in the country in terms of expansion via a public listing exercise. We continue to support many of these companies on their funding requirements via fund raising activities in equity markets.

Project Financing is the long-term financing of infrastructure and industrial projects based upon the projected cash flows of the project rather than the balance sheets of its sponsors. Usually, a project financing structure involves a number of equity investors, known as'sponsors', as well as a'syndicate' of banks or other lending institutions that provide loans to the operation. They are most commonly non-recourse loans, which are secured by the project assets and paid entirely from project cash flow rather than from the general assets or credit-worthiness of the project sponsors, a decision in part supported by financial modeling. The financing is typically secured by all of the project assets, including the revenue-producing contracts. Project lenders are given a loan on all of these assets and are able to assume control of a project if the project company has difficulties complying with the loan terms.

The Financial Advisory Services team provides a full range of financial advisory services for pioneer companies for the industries in Iran. This department helps you to understand the causes of the company’s shortfalls, and execute optimal solutions. The Valuation and Financial Advisory Department at M.I.B. operates in two divisions.

Valuation services in M.I.B. are one of the leaders in providing valuation advisory across all industries in Iran. M.I.B. valuation service helps determine the multi-faceted factors that affect the fair value of companies or securities. This service includes listed and unlisted companies, as applicable. The research will extensively assess the country's risk, political risks, industry analysis, the company specific risks, the market conditions, the proportion of major shareholders, the marketability of the stock, and many other factors that directly or indirectly affect the value of the stock. Our analysis provides clear& credible advice and helps to add value in negotiating transitions, assisting in the restructuring process or segregating costs of an asset.

M.I.B. is well positioned to provide valuation services due to the extensive knowledge of unique business along with region specific understanding and valuation issues arising during the normal course of business. Our services encompasses a full suite of valuation services to public corporations, private firms, funds, government entities, and individual investors across all industries and focus mainly on servicing companies in Iran. The valuation team consists of professionals who possess the necessary experience and training in corporate valuations.

M.I.B. incorporates both the latest techniques in valuation& financial services and the most recent changes in the capital markets to deliver the most up-to-date analysis. Commitment, integrity and professionalism are values that have enabled M.I.B. to become one of the leading investment companies in Iran capital markets today.

Based on the client requirements, we have the ability to provide problem-focused solutions in an efficient manner. In its Financial Advisory services, M.I.B. offers business plan and feasibility study preparation to corporations, administrations and institutional investors.

M.I.B. advisory services concerning feasibility studies and business plan preparation are provided to companies planning new investments or new projects. M.I.B. applies a combination of technical expertise and knowledge of the environment to provide our clients with accurate and timely reports to assist in defining the scope and feasibility of their business projects.

Moreover, M.I.B. incorporates both the latest techniques in valuation& financial services and the most recent changes in the capital markets to deliver the most up-to-date analysis.

Valuation and Financial Advisory Department provides some other financial advisory services to its clients; for instance the team research and comment a number of reports on market and

industry-specific issues. This department serves the evolving needs of clients in market and industry analysis especially in the field of oil, gas, petrochemical, cement, and steel industry.

This department's approach to serving clients has always focused on doing first-class business professionally. We strive to build long-term relationships with our clients by taking a forward-looking view on our connections, and identifying ways to help them achieve their most important business objectives. Commitment, integrity and professionalism are values that have enabled Valuation and Financial Advisory Department at M.I.B. to become one of the leading financial advisers in Iranian capital markets.

M.I.B.’s Mergers and Acquisitions (M&A) division delivers advisory services to companies in Iran. Our capabilities cover the entire spectrum of acquisitions, divestitures, restructurings, leveraged buyouts, and exclusive sales.

Our team of M&A professionals works in partnership with Bank Mellat, using a highly analytical approach to provide unique insights, expert tactical advice in approaching clients' most challenging issues. The M&A team applies its extensive experience with Iranian industries to meet our clients' short-term and long-term objectives. M&A division find new ways to business alliance and it brings fresh thinking to financial restructuring.

Asset Management is a team within a financial firm that is dedicated to manage the assets (cash, investments etc.) of clients. The asset management firm has dedicated portfolio managers as well as access to internal, detailed equity research reports which should give it an edge over investors controlling their own money.

Our asset management services include establishing, launching, and managing wide range of mutual funds in stocks and fixed income securities. Some of our funds are as follows:

• Andookhteh Mellat Fund

• Atieh Mellat Fund

• Owj Mellat Fund

• Mellat Market Making Fund

• Mellat Brokerage Co.

The aim of research and development (R&D) team is to improve the present technologies and procedures offered by the organization or to develop innovations that strengthen the organization’s position in the marketplace. Some of the activities of the R&D department are:

Our R&D team has fulfilled a number of research projects on the current situation of the capital market and has suggested some new Islamic financial improvements and instruments suitable to the market.

In our organization’s field of research, we are particularly interested in how current financial instruments and regulations could be improved and we are also exploring new products and services to the clients.

Our in-depth knowledge of the rules and regulations and financial engineering techniques and relationship with the authorities has given us insight in providing the improvements in the current situation and of course, propose new products in the market. Financial engineering refers to the design, development, implementation of innovative financial instruments& processes in addition to the formulation of innovative solutions to financial decision making problems.

The team is skilled in doing risk management projects in different fields of investment banking and financial services activities.

Commitment, integrity and professionalism are values that have enabled M.I.B. to become one of the leading investment companies in Iran capital markets today.

• Formulating Strategic Plan of M.I.B.

• Managing and fulfilling research projects in the fields such as designing new financial instruments (Financial Engineering), Project Finance, Credit Rating, Funds, Investment Banking Functions, M&A, Restructuring, Marketing of Financial Services, Risk Management and so on.

• Follow-up M.I.B. membership in designing new financial instruments and mechanisms in Iran capital market and submitting related proposal.

• Follow-up M.I.B. membership in different associations such as observer membership in IFSB.

• Preparing scientific content for different purposes like website, conferences, media, Technical Reports and so on.

• Presence in the related conferences and seminars and preparing training courses.

• Preparing the company for ranking in IMI100 and other ranking projects.

• Other researching activities in investment banking fields.

The Energy Management Office (EMO) as a supervision office in M.I.B. is a premium intended to work alongside financial investments to mega projects of oil, gas, petrochemical, mining and other major industries. We would be greatly honoured to provide Bank Mellat services that are well-known in leadership financing energy projects in Iran that holds consecutive records of experience.

• Monitoring the efficient allocation of financial resources by the Bank Mellat in Projects

• Strengthen technical look at lending to projects

• Minimizing the risk of increasing the costs and time-frame of projects.

• Establish sustainable competitive advantage, based on the bank’s ability to provide energy services as banks, through specialization of the relevant processes in all stages of supply, construction and production of mega projects.

• Linking financial and technical knowledge, and optimal use of grant financing for mega projects and thus promote the country's industry growth based on Earned Value Method (EVPM)

• National Iranian Copper Industry

• 10 Million BBL crude oil storage tank

• Gas Transfer

• Persian Gulf Star Oil Refinery

• No. 6, 7th Alley, Vozara St., Beheshti Ave.,

1513715814 Tehran, Iran

• +9821 8810 0780,

+9821 8810 0646

• +9821 8810 0449

• info@mellatib.com

•www.mellatib.com