DBS

63 DEBT BASED SECURITIES INVESTMENT OPPORTUNITIES ABUNDANCE DOWNING ISSUER NAME Various PLCs Various independent borrowers PLATFORM NAME Abundance Investment Downing Crowd YEAR PLATFORM FOUNDED 2009 Downing was founded in 1986. We have been lending to businesses since 2010 and launched our first crowd bond in 2016. ISSUER INVESTMENT PHILOSOPHY Abundance lets people generate a decent return from investments that build a better world. We design and manage investment products that help investors look after their financial wellbeing, while our investment partnerships support businesses in their ambitions.  UNDERLYING ASSETS Operating companies incorporated as PLCs which own and manage the projects and repay the investments from the revenues generated by the renewable energy or other service provided. We offer investments in UK businesses, via bonds secured against real things, such as solar farms, care homes, or pubs. Downing acts as security trustee for bondholders and our fee is contingent on investors getting their capital and interest back. SECURITIES ISSUED 24 15 CUMULATIVE AMOUNT RAISED (£) £39,000,000 £29,000,000 BIGGEST / SMALLEST / AVERAGE RAISE £4.4m / £0.216m / £1.58m £3.2m / £1.25m / £2m INVESTMENT TERMS OFFERED 1-25 years 6 months to 3 years typically HIGHEST / LOWEST / AVERAGE RETURN 12% / 5% / 6-9% 7% / 4.5% / 5.95%* interest p.a. LIQUIDITY PROVISIONS Secondary market via a marketplace provided free of charge via the website. All debentures are fully transferable. Bonds are transferable but investors should asume they will hold them to term. MIN INVESTMENT £5 £100 FEES TO INVESTOR 0 No fees charged on investment FEES TO INVESTEE Set up fee of up to 5% of initial amount raised and ongoing annual management fee of 1-1.5%. Typically around 1% arrangement fee up front, then up to 2.5% p.a. of the funds raised. Note that from this Downing pays 0.5% to Early Bird investors and commission to advisers. Our annual fee is contingent on investors getting their capital and interest back. OTHER FEES Yes, on SIPP product £25 fee for transfers between investors ISA/SIPP OFFERED BY ISSUER Yes – both Yes – Downing IFISA, bonds can also be held in any SIPP allowing non-standard assets such as Mattioli Woods and Westerby SIPPs. *Weighted average interest rate of all investments made in the first 12 bonds. (Figures as at 31 May 2017)