––– HILTON HOTEL N’DJAMENA TCHAD –––

PROJECT DEVELOPMENT OVERVIEW 2015

––– HILTON HOTEL N’DJAMENA TCHAD – FRONT VIEW –––

––– HILTON HOTEL N’DJAMENA TCHAD – REAR VIEW –––

INTRODUCTION

Salim Group Inc., parent company of SGI Holdings (“Owners”) have the pleasure of introducing the Hilton Hotel N’Djamena (the “Hotel”, “Property” or “Asset”). Within minutes of the city center, the Property is located in the new district of Sabangali by the Chari river. The Hotel (under final construction phase) is located on a 27 hectare river front Property with The Hotel built-up area of 30,000 m2. The resort Property will also include a 9-hole executive golf course, commercial zone, and residential town homes serviced by the Hotel. Scheduled to open in late 2015, the Hotel offers 200 guest room including 2 royal suites and 4 presidential suites. The Property is designed as a major conference and business resort destination for target clients such as visiting government officials, oil & gas industry executives, embassies, and corporate executives. Guest facilities include 5 food and beverage outlets, substantial conference and meeting spaces, executive lounge, board room, luxury swimming pool and pool bar, health spa, and fitness center. The Property will feature a number of branded retail tenancies including European airlines.

LOCATION OVERVIEW

Hilton N’Djamena Hotel enjoys a prominent position in N’Djamena, the capital city of Republic of Tchad. N’Djamena is the heart of commerce and trading activities in this land-lock nation of approximately 12 million people. Tchad’s economic growth is up credit to major oil and gas reserves and exploration activities attracting global oil companies with permanent presence and long term plans. The oil and gas reserves are estimated to be equivalent to 36.1 years of current production rate. Among other foreign investments, ExxonMobil has invested $3.7 billion to develop oil reserves estimated at one billion barrels in southern Chad. Oil production began in 2003 with the completion of a pipeline that links the southern oilfields to terminals on the Atlantic coast of Cameroon.

N’DJAMENA MARKET OVERVIEW

One of the hottest destination in Central Africa for the international energy and oil and gas sector, N’Djamena is the country’s largest city. N’Djamena boasts around 1.5 million residents and attracts about 150,000 business visitors every year. The city is served by Air France, Turkish Airlines, Ethiopian, Moroccan and Egyptian airlines. With crude oil production booming and new oil fields being discovered, the N’Djamena city is now struggling with keeping up with hotel rooms demand for business executives and international organizations.

Hilton N’Djamena will be the first fully serviced 5 star privately owned hotel in the country but also in the entire West African region designed as a conference resort destination.

SITE TENURE & HOTEL MANAGEMENT SITE TENURE The Hotel occupies a free-hold site 100% owned by the Owners free of any mortgage or disputes. There are no rent payments by the the Owners to the Hotel operations. HOTEL MANAGEMENT The Hotel is operated under an agreement with Hilton Worldwide (“Hilton”). Hilton is one of the largest and fastest growing hospitality companies in the world, with more than 4,000 hotels, resorts and timeshare properties comprising more than 678,000 rooms in 91 countries and territories. In the nearly 100 years since its founding, Hilton has redefined the hospitality industry and established a portfolio of 10 world-class brands, including flagship full-service Hilton Hotels & Resorts brand, which is the most recognized hotel brand in the world. More than 300,000 team members proudly serve in Hilton properties and corporate offices around the world, and have approximately 40 million members in our award-winning customer loyalty program, Hilton HHonors.

––– 27 HECTARE RIVER FRONT LAND –––

PROPERTY DESCRIPTION HOTEL DESIGN & LAYOUT Currently under construction, Hilton N’DJAMENA is spread over 30,000 m2 built-up area on a 27 hectare land with 5 levels California resort style architecture and provides views spanning the Chari River, Sabangali City, and Grand Hotel. The layout of the Hotel is shown on the right side.

Accommodation

Level 3 2 royal suites, 4 presidential, 4 junior suites 45 standard, deluxe, and premier rooms Executive club and boardroom Executive chef's pantry

Level 2 Executive offices 5 tennis court view rooms 25 pool side rooms 20 garden rooms Leasable shops and office spaces

Level 1 Two separate main entries (hotel and grand ballroom) Lobby, reception, and lifts 50 standard, deluxe, and premier room 3 indoor restaurants and bar Grand ballroom Back of house

Ground Level 5 tennis court view rooms 25 pool side rooms 20 garden rooms 2 outdoor restaurants External swimming pool, the cabanas, and deck

Basement Level Health club and spa Hotel Management and Administration offices Maintenance and engineer's workshop, plant rooms Housekeeping and in-house laundry

––– HILTON HOTEL N’DJAMENA TCHAD – LOBBY AND RECEPTION AREAS–––

GUEST ROOMS The Hilton Hotel N’Djamena offers 200 generously sized guest rooms. Distinctively designed in a classical Spanish California style, the rooms exquisitely appointed with opulent yet contemporary fabrics and furniture pieces. Over half of the room inventory enjoys full or partial views of Chari river, while all rooms enjoy private balconies with either river or city views.

Accommodation Rooms Room Area (sqm)

Royal Suite 2 340

Presidential Suite 4 170

Junior Executive Suite 4 125

Hospitality Suite 4 100

Premiere King Room 48 43

Deluxe King Room 54 43

Premiere Double Room 25 43

Deluxe Double Room 54 43

Total 195

––– HILTON HOTEL N’DJAMENA TCHAD – DOUBLE BEDROOM –––

––– HILTON HOTEL N’DJAMENA TCHAD – CHAMBORD ROYAL SUITE –––

FOOD & BEVERAGE FACILITIES Offering a diverse range of food & beverage outlets, the Hilton Hotel N’Djamena presents both local and international guests with a cosmopolitan dining experience. “H-HONORS” – EXECUTIVE CLUB Featuring city views with expanded large open terrace, the spacious 1500 sqm elegantly appointed club lounge is located on level 2 and offers a buffet breakfast as well as light refreshments throughout the day. “AXIS” – LOBBY BAR & RESTAURANT Located on the lobby level, this bar restaurant boasts a stylish yet comfortable atmosphere and feature an impressive wine, beer, and cocktail list as well as light meals to its predominantly business clientele. “LA DESTILLERIE” – WHISKEY BAR & RESTAURANT Located on level 1, THE ROCK offers elegance, mood setting music, and live performances by artists from all over the world. An impressive selection of whiskey and cocktails are served until 2 am throughout the week.

––– HILTON HOTEL N’DJAMENA TCHAD – SWIMUP BAR AND POOL –––

“L’ATELIER” – SPECIALTY RESTAURANT Serviced by well renowned chefs and highly trained staff, the L’ATELLIER offers fine dining experience with formal setting and personal care. “ACQUA BAR & GRILL” – POOL BAR & RESTAURANT Located by the pool, the ACQUA BAR & GRILL features an appetizing light meal menu and range of beverages. This outlet can seat up to 130 in an around the pool. “MERKATO” – ALL DAY DINING The MERKATO offers breakfast, lunch, and dinner along with extensive beverage selection delivered with fine culinary expertise.

Outlet Location Seating Capacity

H-Honors' - Executive Club Lounge Level 2 60

Axis- Lobby Bar & Restaurant Level 1 125

La Destillerie- Whiskey Bar & Restaurant Level 1 60

L’Atelier- Specialty Restaurant Level 1 71

Acqua Bar & Grill- Pool Bar & Restaurant Ground Level 132

Merkato - All day dining Level 1 160

––– HILTON HOTEL N’DJAMENA TCHAD – LOBBY LOUNGE –––

OTHER GUEST FACILITIES The Hotel provides guests with a range of superb leisure facilities including a health spa with features a fully equipped gymnasium. The day spa at the Hotel offers an assortment of luxurious across four treatment rooms. COMMERICAL LAUNDRY The Hotel also owns and operates a state of the art commercial laundry facility. It provides bulk laundry service for the Hilton Hotel as well as contracting to numerous other hotels and managed-residential facilities. BALLROOM & MEETING FACILITIES The Hotel will be one of the city’s premier meeting and event venues for hosting a diverse range of functions. Located on the south side, Ballroom offers over 600 sqm space with abundance of natural light and state of the art equipment. RESIDENTIAL AND COMMERICAL DEVELOPMENT PHASE The next phase development is planned to build substantial residential compounds adjacent to the Hotel land which is also owned by the Owners. The first phase will be focused on developing 150 luxury villas for long term lease to clients such as embassies, oil & gas companies, and other affluent locals. In subsequent phase, a commercial zone is planned to be built between Hilton and Grand hotel, which is south side of the Hotel.

––– HILTON HOTEL N’DJAMENA TCHAD – BALLROOM –––

––– HILTON HOTEL N’DJAMENA TCHAD – RESTAURANT & BOARD ROOMS–––

TECHNICAL DETAILS A description of the building services at the Hotel is outlined below. The Hotel is built with the latest Hilton Standards and with great care and consideration to environment protection and green construction norms.

Element Description

Passenger Lifts Two OTIS Guest Elevators

Service Lifts Two OTIS Service Elevators

Air-conditioning Advanced Trane HVAC System

Heat Recovery Thermax Double Stage Evaporation Technology

Self-sustainable Energy Generation 3 x 1.1 Mega Watt Diesel Generators

Low Voltage System State of the Art Wired and Wireless HSIA, IPTV and VoD

Security and Safety Systems 24/7 CCTV Monitoring throughout the property and FAS

Building Management System Full Monitoring and Control of all MEP Elements