Blue Sphere Corp. (BLSP)

[MOTSUR]

$blsp We are an international Independent Power Producer (“IPP”) that is active in the clean energy production and
waste-to-energy markets. We are working to become a leading player in these growing global market segments.
We currently focus on projects related to the construction, acquisition or development of biogas and waste-to-energy
facilities in the United States, Italy, The Netherlands, and the United Kingdom amongst other markets.
In the first quarter of 2019 we continued to advance our goals and have managed to achieve certain milestones
including; completing the primary development work and financial close for our biogas project in
Netherlands. Additionally, our four biogas facilities in the Pavia region Italy have performed well in the first quarter
of 2019. Each facility is operating above 90% capacity and we are currently exceeding our budgeted goals. Our
business development activities continue to move forward and our development pipeline remains robust.