CEIBA Investments Limited

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CEIBA Investments Limited (CEIBA) is an investment and development company. The Company is engaged in investing in Cuba, with a focus on investment in Cuba’s commercial real estate, tourism, and other sectors of the Cuban economy. The activities of CEIBA are comprised of two operating segments, such as commercial real estate investments, and tourism real estate investments. In the commercial real estate segment, CEIBA owns an interest in Inmobiliaria Monte Barreto S.A., the Cuban joint venture company that owns and operates the Miramar Trade Center. The Miramar Trade Center is a 6 building complex comprising over 55,530 square meters of net rentable area located in the new Havana business district. In the tourism real estate segment, CEIBA has interests in Cuban joint venture companies that own four hotel properties, such as the Melia Habana Hotel in Havana, and the Melia Las Americas, the Melia Varadero and the Sol Palmeras Hotels in Varadero.