ILIOS MESTOS : The Innovation that will change the world of  Energy Storage and Supply

DECLARATION 

The Know-how and Technology that has been gained to date, in the creation of the Applications of the ILIOS MESTOS, the Mechanical Energy Storage System, is the assigned property of "ILIOS Green Batteries Inc.", a Company incorporated in Monrovia Liberia that presently numbers about 95 Shareholders.

The funds expended in order to gain this Know-how and Technology, were contributed in greater part by the Shareholders of the Company, including the present President & CEO of the Company, Ion Livas, who remains the owner of the Intellectual Property and Copyright of the Innovation.

All funds invested in the Company are accepted in lieu of a bearer Share Certificate of no nominal value, against a Receipt which shows the number of the relevant Share Certificate and the funds advanced in order to acquire such Certificate.

In accordance with Company policy, adopted by BOD Resolutions of March 20^th 2014 and July 7^th 2017, each Share is accompanied by 10 Open-ended Options, until an IPO is issued before the Company goes Public.

All Applications of the ILIOS MESTOS principle are and remain the property of "ILIOS Green Batteries Inc.", unless and until they are legally disposed of by a BOD Resolution and an approved sales transaction with the relevant Documentation.