X0206 3 2016-07-21 0 0001455684 TPI COMPOSITES, INC TPIC 0001241831 DEUTCH PHILIP J 1700 K STREET NW, SUITE 750 WASHINGTON DC 20006 1 0 1 0 Stock Option (Right to Buy) 10.8722 2025-05-29 Common Stock 18000 D Restricted Stock Units 0.00 Common Stock 2880 D Series A Convertible Preferred Stock Common Stock 2536242 I See Footnote Series B Convertible Preferred Stock Common Stock 219954 I See Footnote Series B-1 Convertible Preferred Stock Common Stock 372135 I See Footnote Series C Convertible Preferred Stock Common Stock 386413 I See Footnote Senior Redeemable Preferred Stock Common Stock 285572 I See Footnote 25% of these securities vest on the first anniversary of the effective date of the initial public offering of the Issuer, and 6.25% vest on each quarterly anniversary thereafter, such that 100% of these securities vest on the fourth anniversary of this offering; provided, that the Reporting Person continues to provide service to the Issuer through each applicable vesting date. All of the restricted stock units ("RSUs") vest on the first anniversary of the effective date of the initial public offering of the Issuer; provided, that the Reporting Person continues to provide service to the Issuer through the vesting date. The RSUs do not have an expiration date. Each RSU represents a contingent right to receive one share of Common Stock. All unvested RSUs will automatically expire upon Reporting Person's termination of service from the Issuer. These securities are convertible at any time into shares of the Issuer's Common Stock at the holder's election and automatically upon the closing of the Issuer's initial public offering, into the number of shares of Common Stock shown in column 3 above. These securities do not have an expiration date. These securities are held of record by NGP Energy Technology Partners, L.P. ("NGP LP"). NGP ETP, L.L.C. ("NGP ETP") is the general partner of NGP LP and Energy Technology Partners, L.L.C. ("ETP LLC") is the manager of NGP ETP. The Reporting Person has been designated as a representative to serve on the Issuer's board of directors by NGP LP and is the manager of ETP LLC. The Reporting Person may be deemed to share voting and investment power with respect to all shares held by NGP LP. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. /s/ Steven G. Fishbach, Attorney-in-Fact 2016-07-21