Ecovest Conservation Easements Under Investigation

1. Arcadian Quay Holdings, LLC

2. Azalea Bay Resort Holdings, LLC

3. Azul Bay Resort Holdings, LLC

4. Beech Springs Resort Holdings, LLC

5. Bellavista Grove Holdings, LLC

6. Belle Harbour Resort Holdings, LLC

7. Birkdale Landing Holdings, LLC

8. Camellia Station Holdings, LLC

9. Cape Fear Pointe Holdings, LLC

10. Carolina Bays Resort Holdings, LLC

11. Cayo Dorado Holdings, LLC

12. Cayo Marsopa Holdings, LLC

13. Coastavista Palms Holdings, LLC

14. Copano Cove Holdings, LLC

15. Cottonwood Cove Holdings, LLC

16. Cristobal Key Holdings, LLC

17. Cypress Cove Marina Holdings, LLC

18. Del Mar Vista Dunes Holdings, LLC

19. Diamond Grande Resort Holdings, LLC

20. EcoVest Total Return Fund, LLC

21. Espiritu Shores Holdings, LLC

22. Garden Lakes Estates Holdings, LLC

23. Hammersmith Landing Holdings, LLC

24. Harbor Gate at Seadrift Holdings, LLC

25. Hickory Preserve Holdings, LLC

26. Indigo Sound Holdings, LLC

27. Lakeshore Resort Holdings, LLC

28. Long Bay Marina Holdings, LLC

29. Magnolia Bay Resort Holdings, LLC

30. Matagorda Cove Holdings, LLC

31. Miramar Pointe Holdings, LLC

32. Montego Pointe Holdings, LLC

33. Monterrey Cove Holdings, LLC

34. Myrtle Cove Resort Holdings, LLC

35. Myrtle West Resort Holdings, LLC

36. Neuse Harbor Holdings, LLC

37. New River Preserve Holdings, LLC

38. North Bay Cove Holdings, LLC

39. Ocean Grove Resort Holdings, LLC

40. Port Quay Resort Holdings, LLC

41. Punta Vista Grande Holdings, LLC

42. Queen’s Cove Holdings, LLC

43. River Trace Resort Holdings, LLC

44. Riverside Preserve Holdings, LLC

45. Rocky Creek Plantation Acquisitions, LLC

46. Sanibel Resort Holdings, LLC

47. Santo Bay Resort Holdings, LLC

48. Seavista Resort holdings, LLC

49. South Bay Cove Holdings, LLC

50. Tortuga Trace Holdings, LLC

51. Tupelo Grove Holdings, LLC

52. Turkey Creek Resort Holdings, LLC

53. Waterway Grove Holdings, LLC

54. White Sands Village Holdings, LLC