Petro Welt Technologies : Presentation of the main shareholder

JOMA INDUSTRIAL SOURCE CORP.

Pasea Estate, Morgan & Morgan, Road Town

Tortola, British Virgin Islands

Explanation of the Joint Report

pursuant to section 3 (7) of the Austrian Squeeze-Out Act

Conclusions of the majority shareholder

Joma Industrial Source Corp. as the majority shareholder of PeWeTe AG concludes in connection with the planned Squeeze-Out:

• The Squeeze-Out complies with the statutory provisions.
• The cash compensation offered to the minority shareholders for the transfer of the shares against payment of EUR 2.20 per share is appropriate

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JOMA INDUSTRIAL SOURCE CORP.

Pasea Estate, Morgan & Morgan, Road Town

Tortola, British Virgin Islands

• The fairness of the compensation is based on

1. the company valuation by Grant Thornton Austria GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft and

1. the independent audit by the court appointed auditor Pro Audito Wirtschaftsprüfung und Steuerberatung GmbH,

1. which arrive at a fair share price of EUR 0.94

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JOMA INDUSTRIAL SOURCE CORP.

Pasea Estate, Morgan & Morgan, Road Town

Tortola, British Virgin Islands

Purpose of the Squeeze-Out

• Change the economic orientation of PeWeTe AG following the sale of the Russian subsidiaries
• Change PeWeTe's function within the group
• Delisting
• • Discontinuation of ongoing and ad-hoc publicity obligations under stock exchange law
  • Eliminate costs of stock exchange listing and resulting costs of being a listed company

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JOMA INDUSTRIAL SOURCE CORP.

Pasea Estate, Morgan & Morgan, Road Town

Tortola, British Virgin Islands

Reasons for the Squeeze-Out

• Sale of participations in Russia requires repositioning of PeWeTe AG within the group
• • PeWeTe AG as holding company with just one operating participation will play an important role in the strategy of adapting PeWeTe to the new market and industry conditions
• No capital market access required any more: costs of listing outweigh the benefits of listing
• No capital market measures of PeWeTe AG since 2010

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