QEP HAS AN EFFICIENT INVESTMENT PROCESS TO IDENTIFY EXCEPTIONAL INVESTMENT OPPORTUNITIES Analyzing an investment opportunity is a process that requires close involvement of the target company’s. It’s essential to analyze the company and its market before making the investment. At the same time, it’s necessary to resolve contractual issues before Qualitas may make an investment. The investment process generally, last 2 or 3 months. A summary of the different phases of the process is as follows; Based on the information presented by the company, Qualitas analyzes the main characteristics of the company, the market and, in general terms, of the transaction, to determine if the company fits within Qualitas investment policy. Interviews are held with the Management Team and the company's key customers to acquire a deep understanding of the company, the market and exit potential. In this phase, the terms and conditions of the transaction will be defined. Once the transaction is approved by the QEP Investment Committee, the Letter of Intent is signed. All aspects related to the transaction are analyzed in depth. A team of external advisers is hired to conduct legal, tax, accounting and market due diligence. At the same time, all related aspects with QEP entrance in the company's capital will be negotiated. Once the QEP Investment Committee has given its Final Approval and all relevant parties agree on the final terms of the transaction, lawyers, selected by both parties, will draw up the legally binding completion documents for the transaction. All contracts are signed by the relevant parties and the money is disbursed.