1. Figtree PACE Financing 100% financing for solar, HVAC, roofing,, windows, lighting, and more September 2014 No Money Down | Fixed Low Interest Rates Easy to Qualify | Long-term up to 20 Years

2. Our Company

3. Figtree Financing 3 Headquarters: San Diego, CA Founded: October 2010 Key Achievements: First PACE financing in December 2011 Statewide judicial validation for Figtree PACE program in July 2013 What We Do A PACE financing provider Offer a full service PACE platform from application to funding Utilize exclusive legal infrastructure via CEDA to close PACE financings Perform assessment lien placement; verify project completion and manage funds disbursement Monitor and oversee ongoing assessment servicing Our Company

4. Figtree Financing 4 Turn-key PACE solution: Commercial / Residential No cost: Turn-key solution doesn’t cost your city or county anything No risk: Figtree offers full indemnification to cities and counties Public benefit: 100% upfront financing makes going green and saving money much easier for property owners Piece of Mind: Program utilizes industry best practices to ensure consumer are protected What we offer

5. Figtree’s Key Program Partners A strong team of professional partners Program Administrator and Originator Figtree Company, Inc. (“Figtree”) is a San Diego based specialty finance company specializing in PACE financing and administration. Issuing Agency California Enterprise Development Authority (“CEDA”) is a California joint powers authority established by the California Association for Local Economic Development. Figtree and CEDA have established an exclusive partnership to offer its PACE platform to municipalities across California. Asset Servicer Willdan Financial Services (“Willdan”), a subsidiary of publicly traded Willdan Group, Inc. (NASDAQ: WLDN), has a proven, specialized assessment administration practice that has been forming and administering assessment districts for over 20 years Issuer Counsel and Bond Counsel Kutak Rock LLP Securitization CounselKramer Levin Naftalis & Frankel, LLP Corporate CounselStradling Yocca Carlson & Rauth, P.C. Capital Markets AdvisorKGS-Alpha Capital Markets, L.P. 5

6. The Figtree PACE Program in California

7. One of the nation’s first private PACE programs 7 Leading Commercial PACE Program: Multiple bond offerings / $60 Million in committed capital Residential Launch in 2015: Already authorized in more than 70 jurisdictions Rapid Program Adoption: 1 to 2 new cities and counties join each week

8. The Figtree PACE Program in California Advantages for Local Governments 8 Easy to Join, No Cost Statewide Judicial Validation No Liability No Exclusivity Job Creation GHG Reduction Increased Accessibility Consumer Protection

9. The Figtree PACE Program in California 9 PACE finances a wide range of energy efficiency and renewable energy measures Air Conditioning & Heating Ventilation systems Furnaces and boilers Air conditioners and chillers Building Envelope Cool roofing Insulation Windows and exterior doors ….and more Renewable Energy Solar panels Fuel cells Geothermal Lighting Fixture replacement Occupancy sensors Automated control systems Water Efficiency Solar thermal water heaters Water reclamation Efficient plumbing fixtures

10. The Figtree PACE Program in California Advantages for Property Owners 10 No Money Down Fixed Financing Rates 4.6% to 6.65% Financing up to 20 years Own the System: Keep the Rebates Potential for Immediate Savings Not Based on Personal or Business Credit

11. The Figtree PACE Program in California Advantages for Property Owners 11

12. The Figtree PACE Program in California Application Process 12

13. The Figtree PACE Program in California Eligibility Criteria 13 Residential Properties Up to 10% of the value of the property All existing private debt does not exceed 85% of the value of the property There are no involuntary liens, defaults or judgments on the property in excess of $1,000 Property owner has not declared bankruptcy in the past seven years Property owner has remained current on their property tax and mortgage payments for the past three (3) years Property is not subject other restrictions Commercial Properties Property owner is current on property taxes Property owner is current on private property debt and has not been delinquent in the past three years Property owner has not declared bankruptcy in the past five years Property is not listed as an asset in bankruptcy The lien-to-value ratio does not exceed one hundred percent (i.e. no negative equity)

14. The Figtree PACE Program in California Contractor Requirements 14 Registration and Training We require contractors to have 3 years of experience (or provide 3 customer references), Must be a licensed contractor with the State Must maintain $1 million in general liability insurance and workers compensation insurance in order to participate in the PACE program As a Figtree Registered Contractor in our program contractors receive a comprehensive one-on-one training session to review how to utilize PACE

15. The Figtree Commercial OnDemandPACE™ Program

16. Figtree’s Commercial PACE Creates a “Win-Win” Result Benefits to property owners 16 100% financing (no upfront cash outlay) Low fixed rate, long term financing Immediate net operating savings Pass through assessments to triple net lease tenants No encumbrance of personal or business credit Assessment burden is assumed by next owner upon sale Success Story: Figtree successfully negotiated lender acknowledgements from regional banks like Premier Valley Bank and WestAmerica Bank as well as national banks like Wells Fargo and US Bank.

17. What if I already have a PACE program?

18. 18 Competition is good for consumers Not all PACE programs meet every property owners needs Interest rates and program terms will vary Competition will inevitably drive down rates and increase customer service Non-exclusive PACE marketplaces have become a best practice among municipalities

19. How do we get started?

20. 20 Adopting the Figtree PACE program Join the California Enterprise Development Authority (CEDA) Adopt a resolution authorizing CEDA to operate the program Execute the indemnification agreement We launch the program 90 days later

21. Contact Us Erik Caldwell Director of Government Partnerships ecaldwell@figtreefinancing.com Figtree Financing 9915 Mira Mesa Blvd, Suite 130 San Diego, CA 92131 877.577.7373 www.figtreefinancing.com 21