Bijlage B1 Enexis - convertible shareholder loan.pdf

The market value of the shares may be presented in a range, to address uncertainties in expected future assumptions, but the valuation analysis should contain at least a mid -point estimate, which is to be used as the conversion price. AMS6396602/27 154623-0030 5757 SIGNATURE PAGES The borrower Enexis Holding N.V. By _____________________________ By _____________________________ Name: Name: Title: jointly authorised attorney Title: jointly authorised attorney [LENDER SIGNATURE PAGES TO BE ADDED]