SHAREHOLDERS & BANKS

NorSun is a privately held company with solid investor backing, which gives financial stability and the ability to grow with customers.

FINANCIAL BACKING FROM PHOTOVOLTAICS SPECIALISTS

Shareholder composition:

EQUITY FINANCING Serie s A: NOK 665 million in 2006

Series B: NOK 800 million in 2008

Series C: NOK 500 million in 2009

DEBT FINANCING NOK 300 million in 2007 and increased to NOK 650 million in 2009

TOTAL FINANCING Approximately NOK 2 billion in equity and NOK 650 million in debt