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Customer Information Dealer Information Dealer Order Form SN: Original Order Date: Revision Number: Original Issue Revision Date: Estimated Delivery Date: This Price List Valid from: 2015-02-15 PANTHERA 390 (with Lycoming I0-390) EXPERIMENTAL with factory build assist € 385,000 2x Skyview SV1000 (dual ADAHRS, Synthetic Vision, EMS, ARINC module) Dynon 2-axis GPS-slaved digital autopilot Garmin GTN 750 Com/Nav/IFR GPS, integrated Audio Panel, 3D intercom, Integrated S-mode transponder, touch s Garmin GTN 635 Second COM/IFR GPS, touch screen Backup Airspeed, Backup Altimeter, Backup Artificial Horizon (Mid-Continent Instruments SAM) PANTHERA 390 (with Lycoming I0-390) EXPERIMENTAL with factory build assist € 405,000 2x Garmin 10-inch display (dual ADAHRS, Synthetic Vision, EMS, ARINC module) Garmin2-axis GPS-slaved digital autopilot Garmin GTN 750 Com/Nav/IFR GPS, integrated Audio Panel, 3D intercom, Integrated S-mode transponder, touch s Garmin GTN 635 Second COM/IFR GPS, touch screen Backup Airspeed, Backup Altimeter, Backup Artificial Horizon (Mid-Continent Instruments SAM) PANTHERA 540 (with Lycoming I0-540V) EXPERIMENTAL with factory build assist € 425,000 2x Garmin 10-inch display (dual ADAHRS, Synthetic Vision, EMS, ARINC module) Garmin2-axis GPS-slaved digital autopilot Garmin GTN 750 Com/Nav/IFR GPS, integrated Audio Panel, 3D intercom, Integrated S-mode transponder, touch s Garmin GTN 635 Second COM/IFR GPS, touch screen Backup Airspeed, Backup Altimeter, Backup Artificial Horizon (Mid-Continent Instruments SAM) PANTHERA 540 IFR-Certified PART 23 UTILITY CATEGORY € 465,000 PANTHERA HYBRID EXPERIMENTAL with factory build assist - ADITIONAL PRICE € 60,000 PANTHERA ELECTRO EXPERIMENTAL with factory build assist - ADITIONAL PRICE € 90,000 POSSIBLE OPTIONS ADITTIONAL TANKS 2 X 60 LITERS (Only posible for EXPERIMENTAL model - ADITIONAL PRICE € 11,000 ADS-B € 3,000 AIR CONDITION - ADITIONAL PRICE TBA DE-ICING TBA CUSTOMIZED LIVERY € 2,800 Total cost of the aircraft € 0 DELIVERY AND DOCUMENTATION Bill Of Sale Document € 330 Export Customs Procedure € 100 Export Documents Outside EU Costs € 130 Apostile € 300 EUR1 € 100 ATR € 100 Cost Of Wooden Supports In The Container and Loading Costs One Aircraft € 600 Cost Of Transport by Road 1.7 EUR/KM Transport By Sea to be checked Other Documents To Be Done By Request to be checked Bureau Veritas Expert Check to be checked Fumigation Of The Container to be checked Others Please select the following information (Terms of Delivery) Terms of Delivery (Incoterms 2010) – DAP (Delivered At Place) (ex DDU) Terms of Delivery (Incoterms 2010) – FCA (Free Carrier) Terms of Delivery (Incoterms 2010) – EXW (Ex Works) (on special request) Please select the following information (GPS Database) Americas basemap and Americas database International basemap and Atlantic International database International basemap and Pacific International database Please select the following information Compass - Please select Altimeter units in - please select Total cost of the aircraft and delivery EURO € 0 WITH SLOVENE VAT (NOT APPLICABLE FOR THE EXPORT OUT OF EUROPEAN UNION) 1.22 € 0 Attachments: General terms Pipistrel Issued: 3 copies (1 for customer, 1 for dealer and 1 for Pipistrel EUR € 20,000.00 Before entering in the production (10 weeks before delivery) 50% EUR € 0.00 Balance before shipping EUR -€ 20,000.00 I have read, accepted and signed this order and attachments as being correct (signature of the customer) For and on behalf of Pipistrel (Signature) Initial deposit to fix the price and delivery time Northern Hemi Altimeter in Southern Hemi Altimeter in

Pipistrel Panthera 2015-02-15

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PANTHERACustomer InformationDealer InformationDealer Order Form SN:Original Order Date:Revision Number:Original IssueRevision Date:Estimated Delivery Date:This Price List Valid from:2015-02-15PANTHERA 390 (with Lycoming I0-390) EXPERIMENTAL with factory build assist 385,0002x Skyview SV1000 (dual ADAHRS, Synthetic Vision, EMS, ARINC module)Dynon 2-axis GPS-slaved digital autopilotGarmin GTN 750 Com/Nav/IFR GPS, integrated Audio Panel, 3D intercom, Integrated S-mode transponder, touch screenGarmin GTN 635 Second COM/IFR GPS, touch screenBackup Airspeed, Backup Altimeter, Backup Artificial Horizon (Mid-Continent Instruments SAM)PANTHERA 390 (with Lycoming I0-390) EXPERIMENTAL with factory build assist 405,0002x Garmin 10-inch display (dual ADAHRS, Synthetic Vision, EMS, ARINC module)Garmin2-axis GPS-slaved digital autopilotGarmin GTN 750 Com/Nav/IFR GPS, integrated Audio Panel, 3D intercom, Integrated S-mode transponder, touch screenGarmin GTN 635 Second COM/IFR GPS, touch screenBackup Airspeed, Backup Altimeter, Backup Artificial Horizon (Mid-Continent Instruments SAM)PANTHERA 540 (with Lycoming I0-540V) EXPERIMENTAL with factory build assist 425,0002x Garmin 10-inch display (dual ADAHRS, Synthetic Vision, EMS, ARINC module)Garmin2-axis GPS-slaved digital autopilotGarmin GTN 750 Com/Nav/IFR GPS, integrated Audio Panel, 3D intercom, Integrated S-mode transponder, touch screenGarmin GTN 635 Second COM/IFR GPS, touch screenBackup Airspeed, Backup Altimeter, Backup Artificial Horizon (Mid-Continent Instruments SAM)PANTHERA 540 IFR-Certified PART 23 UTILITY CATEGORY 465,000PANTHERA HYBRID EXPERIMENTAL with factory build assist - ADITIONAL PRICE 60,000PANTHERA ELECTRO EXPERIMENTAL with factory build assist - ADITIONAL PRICE 90,000POSSIBLE OPTIONSADITTIONAL TANKS 2 X 60 LITERS (Only posible for EXPERIMENTAL model - ADITIONAL PRICE 11,000ADS-B 3,000AIR CONDITION - ADITIONAL PRICETBADE-ICINGTBACUSTOMIZED LIVERY 2,800Total cost of the aircraft 0DELIVERY AND DOCUMENTATIONBill Of Sale Document 330Export Customs Procedure 100Export Documents Outside EU Costs 130Apostile 300EUR1 100ATR 100Cost Of Wooden Supports In The Container and Loading Costs One Aircraft 600Cost Of Transport by Road1.7 EUR/KMTransport By Seato be checkedOther Documents To Be Done By Requestto be checkedBureau Veritas Expert Checkto be checkedFumigation Of The Containerto be checkedOthersPlease select the following information (Terms of Delivery)Terms of Delivery (Incoterms 2010) DAP (Delivered At Place) (ex DDU)Terms of Delivery (Incoterms 2010) FCA (Free Carrier)Terms of Delivery (Incoterms 2010) EXW (Ex Works) (on special request)Please select the following information (GPS Database)Americas basemap and Americas databaseInternational basemap and Atlantic International databaseInternational basemap and Pacific International databasePlease select the following informationCompass - Please selectAltimeter units in - please selectTotal cost of the aircraft and deliveryEURO 0WITH SLOVENE VAT (NOT APPLICABLE FOR THE EXPORT OUT OF EUROPEAN UNION)WITH SLOVENE VAT (NOT APPLICABLE FOR THE EXPORT OUT OF EUROPEAN UNION)1.22 0Attachments: General terms PipistrelIssued: 3 copies (1 for customer, 1 for dealer and 1 for PipistrelI have read, accepted and signed this order and attachments as being correct (signature of the customer)For and on behalf of Pipistrel (Signature)Initial deposit to fix the price and delivery timeEUR 20,000.00Before entering in the production (10 weeks before delivery) 50%EUR 0.00Balance before shippingEUR- 20,000.00Pipistrel reserves the right to make changes, including change in price, content, description, terms, equipment, options, specifications, etc. at any time without prior notice.BenificiaryPIPISTREL d.o.o. AJDOVSCINA GORIKA CESTA 50a5270 AJDOVSCINA SLOVENIA (SI)

the bank Address is: NOVA KBM d.d. Nova Gorica5000 NOVA GORICA SLOVENIA (SI)

Payment Instructions Bank: NOVA KBM d.d. Nova GoricaBIC / SWIFT: KBMASI2XAcc. no / IBAN code: SI56 0475 1000 0104 859 All charges and commissions outside Slovenija are for ordering customer's account.

Northern HemisphereAltimeter in inHgSouthern HemisphereAltimeter in mbars

InclusionsIncluded In the basic price are:10.86 m / (35 ft 8 inch) wing-span, tricycle retractable undercarriage, four seater aircraft, utility categoryDual control stick, dual rudder pedalsElectric full integrated flaps 3 stage, no external hingesElectric trim (Elevator + Rudder)Full-airframe Galaxy parachute rescue systemSteerable nose wheel via rudder pedalsRetractable landing gear, with titanium trailing-link undercarriage struts; main wheels 5.00-5" nose wheel 11x 4.00 x 5"Hydraulic disk brakes on the main wheels with pedal mounted brakes levers for both pilots, parking brakeElectric actuation of landing gear with manual backupExterior surfaces in UV resistant acrylic paintAll Lights in LED Technology (Landing light, NAV&Strobe lights, Tail lights, Recognition wig wag lights, Cockpit lights)State-of-the art ergonomic cabin including:Safety cell/roll bar with built-in energy absorption zones to provide superior safetyNoise reducing firewallThree large gull-wing-style doors, two in the front for pilot and copilot and one for the back row of seatsIncredible view from the cockpit by having just one central pillarUV protected, tinted, Plexiglass windshieldCabin upholstery in different leather colour combinationsErgonomic seats (adjustable for pilot and co-pilot), wide rear seatingSeat belts according to certification standards TSO valid for CS/FAR-23 aircraftLuggage compartment accessible from the back seats during the flightMultiple spaces for amenities in the cockpitExternal cargo door (sized for standard cabin luggage)Antistatic weave for electric discharge dissipationErgonomic touch screen IFR instrument panel, procedural-flow-optimized avionics arrangement4 (four pieces) premium headsets (twin jacks & lemo connectors for each seat)Power packs:Modern and reliable Lycoming IO-390 210 HP engine, supports operation with avgas.Modern and reliable Lycoming IO-540V 260 HP engine, approved for unleaded automotive fuels: ASTM D4814, 93AKI,& EN288, NB.3Hydraulic constant-speed propeller optimized for high perfomanceOptimized engine coolingPerformance-increasing tuned exhaust system210 L fuel tank ready for future unleaded fuelAdvanced fuel system with fuel gascolator with multiple drain points ready for future unleaded fuelHigh performance system battery and backup batteryPremium multimedia zone for backrow seating (dedicated power outlets, private audio zone for business and/or entertainment )2x USB 5V Power socket, 1x 110/220V Universal socket 90W avaliable on back seatsOptionsAditional extended range fuel tank 2 X 60 L (17.500 EUR)Removable air-conditioning unit installed in baggaged compartment - extra weight 25 kg - ask for informationPrestigious personalized logo imprint on seats headrest - price depending of the artwork complexity - ask for informationPersonalized livery - price depending of the artwork complexity - ask for information

Performance DataTechnical Data SheetPanthera expPanthera exp & certPanthera Hybrid expPanthera Electro expCategoryUtility (+4.4 g, -1.76 g)Utility (+4.4 g, -1.76 g)Utility (+4.4 g, -1.76 g)Utility (+4.4 g, -1.76 g)PowerplantLycoming IO-390Lycoming IO-540VHybrid 200 kW take-off powerElectric 200 kW take-off powerRated power210 HP260 HP200 kW (150 kW continuous)Maximum cruise power 100 kW200 kW (150 kW continuous)Weight and DimensionsMTOM1315 kg / 2900 lbs1315 kg / 2900 lbs1315 kg / 2900 lbs1315 kg / 2900 lbsUseful payload545 kg / 1200 lbs500 kg / 1100 lbs415 kg / 915 lbsTBDTotal useable fuel2x 105 l / 2x 27.7 gal2x 105 l / 2x 27.7 gal2x 105 l / 2x 27.7 galn/aFull fuel payload395 kg / 870 lbs350 kg / 770 lbs265 kg / 585 lbsn/aWing span10.86 m / 35 ft 8 in10.86 m / 35 ft 8 in10.86 m / 35 ft 8 in10.86 m / 35 ft 8 inLength8.07 m / 26 ft 6 in8.07 m / 26 ft 6 in8.07 m / 26 ft 6 in8.07 m / 26 ft 6 inHeight2.19 m / 7 ft 2 in2.19 m / 7 ft 2 in2.19 m / 7 ft 2 in2.19 m / 7 ft 2 inWing area11.2 m2/ 121 sqft11.2 m2/ 121 sqft11.2 m2/ 121 sqft11.2 m2/ 121 sqftPerformance (MTOM)Stall speed (flaps extended)60 KIAS60 KIAS60 KIAS60 KIASStall speed (flaps retracted)65 KIAS65 KIAS65 KIAS65 KIASRotation speed at MTOM60 KIAS60 KIAS60 KIAS60 KIASManeuvering speed Va143 KIAS143 KIAS143 KIAS143 KIASMaximum structural cruise speed Vc175 KIAS175 KIAS175 KIAS175 KIASNever exceed speed Vne220 KIAS220 KIAS220 KIAS220 KIASMaximum horizontal speed187 KTAS203 KTAS212 KTAS, FL 150212 KTAS, FL 150Performance cruise speed at 75% power181 KTAS, FL 80198 KTAS, FL 80177 KTAS, FL 150 (full generator power)TBDEconomy cruise speed at 65% power173 KTAS, FL 120193 KTAS, FL 120n/aTBDClimb rate at MTOM and 105 KIAS6.1 m/s / 1200 fpm7.9 m/s / 1550 fpm5.8 m/s / 1150 fpm5.8 m/s / 1150 fpmTake off run365 m295 m290 m290 mTake-off distance (50 ft obst.)670 m540 m530 m530 mApproach speed80 KTAS80 KTAS80 KTAS80 KTASLanding distance (50 ft obst.)570 m570 m570 m570 mConsumption at Performance cruise speed46 l/hour56 l/hourTBDTBDConsumption at Economy cruise speed35 l/hour46 l/hourTBDTBDRange with 45 min reserve> 1000 nm, 155 KTAS, FL 120, 4 people aboard (4x 86 kg)> 1000 nm, 155 KTAS, FL 120, 4 people aboard (4x 86 kg)> 1000 nm, 155 KTAS, FL 120TBDCeiling6100 m / FL 2007600 m / FL 2506100 m / FL 200TBDPipistrel reserves the right to revise the above data whenever occasioned by product improvement,government/authority regulations or other good cause.Take-off and landing data valid for ISA sea level conditions.