Overview for Prospective PSM Solar Bond Investors

1. Securities are offered through WealthForge, LLC, a registered broker/dealer and member FINRA/SIPC.
© 2015 by Private Securities Market LLC
Overview for Prospective Solar Project Investors
October 2015

2. Securities are offered through WealthForge, LLC, a registered broker/dealer and member FINRA/SIPC.
Disclosures and Footnotes
1. THIS CONFIDENTIAL PRESENTATION IS SUBMITTEDTOYOU ON A CONFIDENTIAL BASIS SOLELY IN CONNECTION WITHYOUR CONSIDERATION OF AN INVESTMENT IN MEMBERSHIP UNITS OF OR NOTES
ISSUED BY PRIVATE SECURITIES MARKET LLC AND/OR ITS AFFILIATES (THE “LLC”). DUETOTHE CONFIDENTIAL NATURE OFTHIS PRESENTATION, ITS USE FOR ANY OTHER PURPOSE MIGHT INVOLVE SERIOUS
LEGAL CONSEQUENCES. IT MAY NOT BE REPRODUCED IN WHOLE OR IN PART OR BE DELIVEREDTO ANY PERSON WITHOUTTHE PRIOR WRITTEN CONSENT OF PRIVATE SECURITIES MARKET LLC,THE
MANAGING MEMBER OFTHE LLC (THE “MANAGING MEMBER”).
2. INVESTORS SHOULD MAKETHEIR OWN INVESTIGATIONS AND EVALUATIONS OFTHE INVESTMENT OFFERED HEREBY. EACH PROSPECTIVE INVESTOR SHOULD CONSULT ITS OWN ATTORNEYS, BUSINESS
ADVISERS ANDTAX ADVISERS ASTO LEGAL, BUSINESS,TAX AND RELATED MATTERS CONCERNINGTHIS OFFERING.AN INVESTMENT IN MEMBERSHIP UNITS OF OR NOTES ISSUED BYTHE LLC INVOLVES
SIGNIFICANT RISKS. INVESTORS SHOULD HAVETHE FINANCIAL ABILITY AND WILLINGNESSTO ACCEPTTHE RISK ASSOCIATED WITH AN INVESTMENT INTHE MEMBERSHIP UNITS OF OR NOTES ISSUED BYTHE
LLC.
3. THIS PRESENTATION CONTAINS FORWARD LOOKING STATEMENTSTHAT RELATETOTHETARGETED PERFORMANCE OFTHE LLC ANDTOTHE FINANCIAL AND REGULATORY ENVIRONMENTS IN WHICHTHE
LLC WILL OPERATE,ANDVARIOUS OTHER MATTERS.THESE FORWARD LOOKING STATEMENTS ARE IDENTIFIABLE BY WORDS SUCH AS,AMONG OTHERS,“ANTICIPATE”,“ESTIMATE”,“EXPECT”,“BELIEVE”AND
SIMILAR EXPRESSIONS,AND ARE LOCATEDTHROUGHOUTTHIS PRESENTATION. PROSPECTIVE INVESTORS SHOULD BE AWARETHATTHESE STATEMENTS ARE ESTIMATES, REFLECTING ONLYTHE JUDGMENT OF
THE MANAGING MEMBER,AND PROSPECTIVE INVESTORS SHOULD NOT PLACE RELIANCE ON ANY FORWARD LOOKING STATEMENTS. NEITHERTHE MANAGING MEMBER NOR PRIVATE SECURITIES MARKET
LLC,THE MANAGER OFTHE LLC, UNDERTAKES ANY OBLIGATIONTO UPDATE OR REVISETHE FORWARD LOOKING STATEMENTS CONTAINED INTHIS PRESENTATIONTO REFLECT EVENTS OR CIRCUMSTANCES
OCCURRING INTHE FUTURE ORTO REFLECTTHE OCCURRENCE OF UNANTICIPATED EVENTS.
4. THIS PRESENTATION SHALL REMAINTHE PROPERTY OFTHE LLC.THE LLC RESERVESTHE RIGHTTO REQUIRETHE RETURN OFTHIS PRESENTATION (TOGETHER WITH ANY COPIES OR EXTRACTSTHEREOF).
5. THIS PRESENTATION IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS LEGAL,TAX, INVESTMENT OR OTHER ADVICE.THIS PRESENTATION IS NOT AN OFFERTO SELL, NOR
SHALL ANY MEMBERSHIP UNITS OR NOTES BE OFFERED OR SOLDTO ANY PERSON, IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION, PURCHASE OR SALE WOULD BE UNLAWFUL UNDERTHE
SECURITIES LAWS OF SUCH JURISDICTION.
6. ANY SUCH OFFER OR SOLICITATION WILL BE MADETO QUALIFIED INVESTORS ONLY BY MEANS OF A CONFIDENTIAL OFFERING MEMORANDUM AND ONLY INTHOSE JURISDICTIONS WHERE PERMITTED BY
LAW.
7. THIS PRESENTATION CONTAINS REFERENCESTOTARGETED PERFORMANCE MEASURED BY PRE-TAX EQUIVALENT INTERNAL RATE OF RETURN (“IRR”). SUCH ESTIMATED RETURNS AND PROJECTIONS SHOULD
BEVIEWED AS HYPOTHETICAL AND DO NOT REPRESENTTHE ACTUAL RETURNSTHAT MAY BE ACHIEVED BY AN INVESTOR. PROSPECTIVE INVESTORS SHOULD UNDERSTANDTHAT IRRS ARE CALCULATED
BEFORETAKING INTO ACCOUNT CERTAIN FEES AND EXPENSES INCURRED, ORTO BE INCURRED, IN CONNECTION WITHTHE APPLICABLE INVESTMENTS, INCLUDING MANAGEMENT FEES AND CARRIED
INTERESTS,AND ADJUSTED FOR A FEDERAL INCOMETAX CREDIT AVAILABLETOTAX EQUITY INVESTORS. ACCORDINGLY, RETURNS REALIZED BY INVESTORS COULD BE MATERIALLY LESSTHANTHE IRRS
STATED HEREIN BECAUSE SUCH FEES AND EXPENSES WILL BE PAID OUT OFTHE PROCEEDS FROM APPLICABLE INVESTMENTSTHAT WOULD OTHERWISE BE AVAILABLETO INVESTORS. INVESTORS SHOULD
CONDUCTTHEIR OWN ANALYSIS, USING SUCH ASSUMPTIONS,ASTHEY DEEM APPROPRIATE,AND SHOULD FULLY CONSIDER OTHER AVAILABLE INFORMATION IN MAKING AN INVESTMENT DECISION.
8. INVESTORS SHOULD BEAR IN MINDTHAT PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS ANDTHERE CAN BE NO ASSURANCETHATTHE MEMBERSHIP UNITS OR NOTES WILL
ACHIEVE COMPARABLE RESULTS.AN INVESTMENT INTHE MEMBERSHIP UNITS OR NOTES WILL BE SUBJECTTO AVARIETY OF RISKS (WHICH ARE DESCRIBED INTHE LLC’S CONFIDENTIAL PRIVATE PLACEMENT
MEMORANDUMS FOR MEMBERSHIP UNITS AND NOTES, RESPECTIVELY),ANDTHERE CAN BE NO ASSURANCETHATTHE LLC’S INVESTMENT OBJECTIVE WILL BE MET ORTHATTHE LLC WILL NOT INCUR LOSSES.
9. THIS MATERIAL HAS BEEN PREPARED FROM ORIGINAL SOURCES AND DATA BELIEVEDTO BE RELIABLE. HOWEVER NO REPRESENTATIONS ARE MADE ASTOTHE ACCURACY OR COMPLETENESSTHEREOF.AN
INVESTMENT INTHE MEMBERSHIP UNITS OR NOTES INVOLVES A HIGH DEGREE OF RISK AND IS SUITABLE ONLY FOR SOPHISTICATED INVESTORS.
10. INVESTORS SHOULD CONSIDERTHE MEMBERSHIP UNITS OR NOTES AS A SUPPLEMENTTO AN OVERALL INVESTMENT PROGRAM. INVESTORS COULD LOSE SOME OR ALL OFTHEIR INVESTMENT. MEMBERSHIP
UNITS AND NOTES ARE NOT DEPOSITS OR OBLIGATION OF, OR GUARANTEED OR ENDORSED BY,ANY BANK OR OTHER INSURED DEPOSITORY INSTITUTION,AND ARE NOT FEDERALLY INSURED BYTHE
FEDERAL DEPOSIT INSURANCE CORPORATION,THE FEDERAL RESERVE BOARD OR ANY OTHER GOVERNMENTAL AGENCY.
2

3. Securities are offered through WealthForge, LLC, a registered broker/dealer and member FINRA/SIPC.
PSM EnablesYou
to Invest in Solar Projects
Problem:The opportunity to make direct impact
investments in solar projects has historically been
restricted to institutional investors
Solution: PSM’s online platform enables you to
make direct impact investments in solar projects
developed and managed by PSM’s team of solar
experts
3

4. Securities are offered through WealthForge, LLC, a registered broker/dealer and member FINRA/SIPC.
Why ShouldYou
Invest in PSM’s Solar Projects?
Financial Rewards: PSM’s solar projects have a high risk-adjusted
projected return and a low correlation with traditional asset classes
Experience: PSM’s team of solar experts carefully selects,
develops, and manages every project
Simplicity: Invest with the click of a button and monitor
performance via an online dashboard
Social Benefits: Reduce harmful environmental emissions while
maximizing your return
4

5. Securities are offered through WealthForge, LLC, a registered broker/dealer and member FINRA/SIPC.
Solar Bonds
SolarTax Equity
Bonds andTax Equity
each typically fund half
of the cost of installing
a solar system
You Can Invest in PSM’s Solar
Projects inTwo Ways
Typical PSM Solar Project
Capital Structure
Bonds
50%
Tax Equity
50%
5

6. Securities are offered through WealthForge, LLC, a registered broker/dealer and member FINRA/SIPC.
What is a Solar Bond?
• A loan an investor makes to a PSM solar project,
where the project pays back the principal and
interest via equal payments every three months
for the length of the loan
+Interest =
6
Principal Quarterly Payment

7. Securities are offered through WealthForge, LLC, a registered broker/dealer and member FINRA/SIPC.
PSM Solar Bond Details
Minimum Order: $10,000 — Denomination: $5,000
PSM Solar Bonds are senior unsecured notes issued by a specific PSM solar project.
Each $10,000 note is repaid via 40 equal quarterly payments.
The bonds are non-transferrable.
6% Interest Rate
10YearTerm
40 Equal Quarterly Payments
7

8. Securities are offered through WealthForge, LLC, a registered broker/dealer and member FINRA/SIPC.
How WillYou InvestYour Capital?
Solar
Bonds
Municipal
Bonds
Corporate
Bonds
High
Yield
CDs
Treasury
Notes
High
Yield
Savings
1.11%1.44%
2.25%2.40%2.59%
6.00%
8
[1] PSM Solar Bonds have a duration of 4.6-years.
[2] Municipal Bonds yield for A-rated municipal bonds with 5-year maturities fromYahoo! Finance as of August 21, 2015.
Municipal Bonds yield is presented as aTax-EquivalentYield assuming a 36.8% federal income tax rate.
[3] Corporate Bonds yield for A-rated corporate bonds with 5-year maturities fromYahoo! Finance as of August 21, 2015.
[4] HighYield CDs APY is highest available for 5-year maturity as provided by Bankrate on August 21, 2015.
[5] Treasury Notes yield for treasury notes with 5-year maturities fromYahoo! Finance as of August 21, 2015.
[6] HighYield Savings APY is highest as provided by Bankrate on August 21, 2015.
Hyperlinks to sites outside of our domain do not constitute an approval or endorsement of content on the visited site.
6.00%
Solar
Bonds

9. Securities are offered through WealthForge, LLC, a registered broker/dealer and member FINRA/SIPC.
3 Steps to Investing Directly in a
PSM Solar Project
Go to www.psmcleanenergy.com
Select a project and review investment details
Once you are ready to invest,
click on the button:
• Input requested info into our secure site
• Electronically sign purchase documents
• Transfer funds into escrow account
9
Invest Now

10. Securities are offered through WealthForge, LLC, a registered broker/dealer and member FINRA/SIPC.
Next Steps
Click here to go to www.psmcleanenergy.com
Click here to schedule a meeting
with PSM to learn more
10
or

11. Securities are offered through WealthForge, LLC, a registered broker/dealer and member FINRA/SIPC.
PSM’sTeam of
Solar Investment Experts
Jonathan Abe
• 15+ yrs in renewable energy & asset management
• SVP, Nexamp
• GM, Nexamp Capital
• Manager, The Commonwealth Solar Initiative
• B.A., Cornell
Henri-Claude Bailly
• 40+ yrs energy management consulting, real estate
development and clean tech investing
• Several successful exits including IPO
• Director of several clean tech ventures
• MBA, Harvard; MArch, University of Washington
Matthew Wolfe
• 8+ yrs in relationship management and sales to
HNW investors and institutions
• Consultant,Wells Fargo Family Wealth
• Investment Analyst, Prime Buchholz
• Series 7 License
• B.A. Finance, Gordon
Kevin Krachman, CFA
• 8+ yrs in economic, financial, and strategy
consulting to law firms and corporations
• Business Development Associate,Apex Clean
Energy
• CFA and CAIA Charterholder
• MBA, UVA Darden; B.S.E, Duke
11