Dundee Corporation is a holding company focused on wealth management, resources, and real estate. It has a market capitalization of $1.3 billion. The presentation discusses Dundee's involvement in geothermal energy development, outlining the various stages of development from feasibility to construction and the typical costs and financing options at each stage. It concludes that tax incentives are essential in attracting risk capital to drive geothermal development in the US.

4. The Dundee Family Dundee Bancorp Inc. (TSX: DBC.A) (TSX:DBC.SV.A) Dundee Resources Ltd. Dundee Realty Corp. (TSX:DW) (TSX:DPM) Other land & housing investments (TSX:GPX) (TSXV:EUG) (TSX:BWR) Other portfolio investments 100% 86% 21% 19% 51% 12% (TSX:D.UN) 30% 63%

7. Geothermal Development and Cost Timeline & Capital Availability at Each Stage

13. Alternative Power Expertise Common & Pref Shares Lead Underwriter Recent Power Financings $33,040,000 Common Share Issue Lead Underwriter $17,500,000 Common Share Issue Co-Manager $142,887,000 Common Share Issue Co-Manager $172,500,000 LP Units Co-Manager $77,000,000 Common Share Issue Lead Underwriter $17,700,000 Lead Underwriter $22,000,000 Lead Underwriter $25,000,000 Common Share Issue Common Share Issue

14. Alternative Power Expertise Common Share Issue Lead Underwriter Recent Power Financings $5,000,000 Project Equity Lead Underwriter US$34,000,000 Common Share Issue Co-Manager $10,000,000 Common Share Issue Co-Manager $3,400,000 RTO and Common Share Issue Co-Manager $10,000,000 Project Equity Co-Arranger $122,000,000 Lead Underwriter $15,000,000 Lead Underwriter $4,000,000 Common Share Issue Common Share Issue