Wyeth Holdings LLC
<br />Project Panda
<br />Exhibit B - Investment
<br />Total J$100,000,0001 $2,345,250 $1,412,715
<br />Estimated
<br />Exhibit B
<br />Estimated Appraised Value for
<br />Added Tax
<br />Estimated local tax
<br />Estimated
<br />Panda
<br />Investment
<br />Tax Purposes
<br />Value
<br />liability @.00795
<br />Grant Amount
<br />FY 2017-2018
<br />$20,000,000
<br />90% of $20MM
<br />$18,000,000
<br />$143,100
<br />$100,170
<br />80% of $20MM, 90% of
<br />FY 2018-2019
<br />$50,000,000
<br />$50MM
<br />$61,000,000
<br />$484,950
<br />$339,465
<br />70% of $20MM, 80% of
<br />FY 2019-2020
<br />$20,000,000
<br />$50MM, 90% of $20MM
<br />$72,000,000
<br />$572,400
<br />$343,440
<br />60% of $20MM, 70% of
<br />FY 2020-2021
<br />$10,000,000
<br />$50MM, 80% of $20MM, 90%
<br />$72,000,000
<br />$572,400
<br />$343,440
<br />60% of $20MM, 70% of
<br />FY 2021-2022
<br />1$50MM,
<br />80% of $20MM, 90% 1
<br />$72,000,000
<br />$572,400
<br />$286,200
<br />Total J$100,000,0001 $2,345,250 $1,412,715
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