#1Solar Jinko Building Your Trust in Solar JINKOSOLAR HOLDING CO., LTD. Q3 2023 EARNINGS CALL PRESENTATION OCTOBER 30, 2023#2Disclaimer Solar Jinko Building Your Trust in Solar This presentation does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of JinkoSolar Holding Co., Ltd. (the "Company") in any jurisdiction or an inducement to enter into investment activity, nor may it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. The information herein has been prepared by the Company solely for use in this presentation. The information contained in this presentation has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein. None of the Company or any of its affiliates, advisors or representatives will be liable (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with the presentation. By attending this presentation, participants agree not to remove this document, or any materials provided in connection herewith, from the conference room where such documents are provided. Participants agree further not to photograph, copy or otherwise reproduce these materials in any form or pass on these materials to any other person for any purpose, during the presentation or while in the conference room. Participants must return this presentation and all others materials provided in connection herewith to the Company at the completion of the presentation. This presentation may contain forward-looking statements and management may make additional forward-looking statements in response to your questions. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future,” “intends,” “plans,” “believes," "estimates," "confident” and similar statements. Statements that are not historical facts, including statements concerning our beliefs, forecasts, estimates and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks related to: the risk that our results of operations may fluctuate from period to period; the risk of PRC governmental policy changes; the risk that we face intense competition from other solar companies; the risk that PRC economic, political and social conditions as well as government policies can affect our business and other risks outlined in our public filings with the Securities and Exchange Commission, including our registration statement on Form F-1, as amended. The forward-looking statements made in this presentation relate only to events or information as of the date on which the statements are made in this presentation. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.#3Q3 2023 financial highlights Solar Jinko Building Your Trust in Solar Quarterly shipments were 22,597 MW (21,384 MW for solar modules, and 1,213 MW for cells and wafers), up 21.4% QoQ, and up 108.2% YoY. Total revenues were US$4.36 bn, up 3.7% QoQ and up 63.1% YoY. Gross margin was 19.3%, compared with 15.6% in Q2 2023 and 15.7% in Q3 2022. (1) Adjusted net income attributable to Jinko Solar Holding Co., Ltd's ordinary shareholders was US$184.6 mn, up 215.1% YoY. Net income was US$181.4 mn, up 140.7% YoY. Cash and short-term restricted cash of US$1.93 bn as of end of Q3 2023 vs US$2.35 bn as of end of Q2 2023. EBITDA was US$607.4 mn, up 145.9% YoY. 2023 Q4 guidance: module shipments to be around 23 GW. Notes: YoY and QoQ changes calculated on the RMB basis. (1) Excluding the impact from (i) a change in fair value of the Notes; (ii) a change in fair value of long-term investment and (iii) the share based compensation expenses.#4Business highlights Solar Jinko Building Your Trust in Solar 1 Leveraging our outstanding N-type technology, extensive global operation network, and advanced integrated capacity structure, module shipments in the third quarter increased 20.4% sequentially and 107.9% year-over-year. 2 3 4 At the end of the third quarter, we became the first module manufacturer in the world to have delivered a total of 190GW solar modules, covering over 190 countries and regions. Demand for N-type products continued to grow globally. N-type module shipments accounted for more than 60% of all module shipments globally in the third quarter. N-type modules retained their competitive premium over P-type modules and the premium continued to exceed the market average. The mass production efficiency of N-type TOP Con cells reached 25.6% and the power output of N-type modules was 25-30wp higher than that of similar P-type modules. 5 We continued to make progress in sustainability and, recently, scored high in the Ecovadis Ratings, leading the mainstream PV companies. 3#5Solar Jinko Building Your Trust in Solar Jinko Solar leads the industry with cutting-edge N-type technology Industry pioneer embracing the N-type TOPC on technology N-type technology and product advantage Module shipments for the nine months of 2023 exceeded 52GW, No.1 in the PV industry. Lab efficiency of TOPCon cells up to 26.89% Mass-production efficiency of TOPCon cells 25.6% At the end of the third quarter, we had delivered a total of 190 GW solar modules globally, No.1 in the PV industry. N-type module shipments for the nine months of 2023 accounted for about 57%, No.1 in the PV industry. Competitive Integrated cost compared to P-type TOPCon PERC Power output of N- type module is 25- 30wp higher than P-type The world's largest integrated N-type capacity ■55GW + N-type TOP Con cell capacity (By the end of Q3 2023) Super-integrated N-type solar base in Shanxi (Commenced construction in Sep 2023) 12GW+ overseas integrated capacity, over 75% are N-type premium continued to exceed the market average. N-type (By the end of 2023) 4#6Global industrial chain improved and sustainability competence further enhanced Enhanced global manufacturing capability Solar Jinko Building Your Trust in Solar Cooperation with industry leaders to extend integration Overseas wafer-cell-module manufacturing facility in Vietnam, Malaysia and U.S. We expect to have 12 GW + overseas integrated capacity by the end of 2023, including 2GW in US. 32.5 24.0 2021A Upstream: To ensure reliable and stable supply of raw materials Long-term supply agreements with U.S. and German polysilicon suppliers Strategic equity investments Solar Jinko Downstream: To explore I potential for PV+energy Strategic cooperation with various power suppliers and distributors I storage business RE 100 110.0 85.0 90.0 65.0 70.0 55.0 45.0 Mono wafer ■ PERC cell 2022A ■Module 2023E N-type cell ESG management improvement ale. EP 100 SCIENCE BASED TARGETS DRIVING AMBITIOUS CORPORATE CLIMATE ACTION Carbon Footprint Improved traceability system Independent 3rd party audits Traceability United Nations Global Compact COIRENA Joined UNGC and IRENA Compliance ecovadis OVERALL SCORE 65, SILVER 2023 ecovadis Scored high and awarded 2023 EcoVadis Silver Medal Rating 5#7Fostering Future Competitiveness The largest N-type integrated production facility in the industry Super-integrated solar base in Shanxi, China 56GW wafer-cell-module integrated ✓ Phase 1+ Phase 2 (14GW each) expected to start production in 1H 2024 180 Unprecedented production innovation 160 140 2025 120 2024 100 80 60 40 20 0 ✓ 2022 2023 2024-25 wafer cell ■module One-site vertical operation: to significantly reduce operation costs and improve operation efficiency Cutting-edge technology: advanced N-type technology that can be upgraded to the next generation Low carbon footprint: mostly powered by green energy Cost Effective: lower integrated CAPEX per GW Smart and traceable manufacturing capabilities 6#8Extensive global sales network with improving product and business structure Improving product and business structure DG DG 2023Q3A 2023E Utility Utility 2023Q3A N-type Tiger Neo modules DG business accounted for 35% 40 in Q3 and is expected to account for 35-40% for full year 2023. N-type Tiger Neo modules accounted for over 60% in Q3, and expected to be about 60% 2023E in 2023. Solar Jinko Building Your Trust in Solar Growing global demand for premium Tiger Neo TOPCon cell technology delivers 25-30Wp more than PERC Ultra high efficiency Tiger Neo Tiger Neo accelerated its market penetration, especially in China, MENA, and APAC. We won the bid to provide 3.2GW N-type modules for a project of CHN Energy Investment Group. We signed a 3.8 GW module supply agreement of N-type Tiger Neo with ACWA Power. Improving penetration in leading markets Module shipments breakdown by region Emerging APAC 2023 Q3A 21.4GW China North America Europe China became the dominant market, accounting for around 40%. Shipments to emerging markets remained stable QoQ while APAC and North America increased. Brand advantage to enhance customer value Recognized as a Top Performer in the 2023 PV Module Reliability Scorecard published by PV Evolution Labs (PVEL) for the ninth consecutive Year. -PV Module Tech Awarded the "Top Brand PV Europe Seal 2023" by internationally recognized research institute EUPD Research. -EUPD Research Recognized as "Overall Highest Achiever" in RETC's 2023 PV Module Index Report for fourth consecutive year. -RETC 7#9Consolidating our strengths to lead the industry Solar Jinko Building Your Trust in Solar Long-term R&D and product leadership Effective and efficient Management Capability Global industrial chain footprint and marketing network ° • • Cutting-edge R&D. Highly collaborative and innovative system from wafer-cell-module to system solutions. Ability to quickly commercialize R&D results through mass production. Optimize in-house manufacturing to reduce integrated cost. Refined management processes to further optimize operational efficiency. Efficient execution ability. Global manufacturing footprint and vertically-integrated supply chain help optimize resources allocation. Extensive global marketing network with localized after-sales service. Long-term accumulated brand advantage from consistent product reliability. 8#10Business Plan Mass production efficiency of N-type cells to reach 25.8%, by the end of 2023. Solar Jinko Building Your Trust in Solar ✓ 2023 module shipments to exceed 70-75GW (around 23GW in Q4 2023). ✓ Proportion of N-type products expected to be 60% of total module shipments in 2023. ✓Capacity for mono wafer, cell and module to reach 85GW, 90GW and 110GW>75% are N-type) by the end of 2023. ✓ Integrated overseas capacity of 12GW+ (>75% are N-type) by the end of 2023. Build N-type supplychain ecosystem; develop PV+energy storage business.#11Quarterly financial highlights Revenue and total shipments Gross profit and gross margin Solar Jinko Building Your Trust in Solar 22,597 19 3% 19.970 21,384 17.3% 15.7% 15.6% 14.0% 16,615 14,490 18,613 17,763 15,833 10,856 13,038 10,286 4,350 4,231 4,363 3,397 2,744 841 660 610 588 432 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Revenue (US$mn) Total shipments (MW) Q3 2023 Module shipments Q3 2022 Q4 2022 Gross profit (US$mn) Q1 2023 Q2 2023 Q3 2023 Gross margin (1) Adjusted net income and adjusted net margin GAAP net income and net margin 4.6% 2.8% 3.6% 4.2% 2.2% 2.2% 0.9% 3.4% 4.3% 4.2% 60 39 122 197 185 77 96 115 180 181 Q3 2022 Note: (1) Q4 2022 Q1 2023 Q2 2023 Adjusted Net Income (US$mn) Q3 2023 -Adjusted Net margin Q3 2022 Q4 2022 Q1 2023 GAAP net income(loss) (US$mn) Q2 2023 Q3 2023 Net (loss)margin Excluding the impact from (i) a change in fair value of the Notes; (ii) a change in fair value of long-term investment and (iii) the share based compensation expenses. 10#12Income statement summary Solar Jinko Building Your Trust in Solar Quarterly (US$mn) Change by RMB Q3 2022 Q2 2023 Q3 2023 QoQ change YoY change Total shipments 10,856 MW 18,613 MW 22,597 MW 21.4% 108.2% Total module shipments 10,286 M W 17,763 M W 21,384M W 20.4% 107.9% Revenue Gross profit 2,744 4,231 4,363 3.7% 63.1% 432 660 841 28.2 99.7% Gross margin 15.7% 15.6% 19.3% 3.7pct 3.6pct Adjusted Net Income (1) 60 197 185 (5.6)% 215.1% Adjusted Net (loss) margin 2.2% 4.6% 4.2% (0.4)pct 2.0pct GAAP net income (loss) 77 180 181 1.3% 140.7% GAAP net (loss)margin 2.8% 4.3% 4.2% (0.1)pct 1.4pct Notes: Unaudited quarterly financials. YoY and QoQ changes calculated on the RMB basis. (1) Excluding the impact from (i) a change in fair value of the Notes; (ii) a change in fair value of long-term investment and (iii) the share based compensation expenses. 11#13Balance sheet summary Solar Jinko Building Your Trust in Solar (US$mn) Q3 2022 Q2 2023 Q3 2023 Cash and restricted cash (1) 2,101 2,348 1,934 Accounts and notes receivable 2,050 3,609 4,097 Inventories Net PPE 3,013 2,770 2,625 4,246 4,698 4,938 Total assets 15,612 17,248 17,455 Total debt (2) 4,162 4,732 4,226 Short-term debt (3) 1,835 2,222 1,773 Long-term debt (4) 2,326 2,510 2,453 Net debt (5) Total liabilities 2,061 2,384 2,292 11,978 12,911 12,919 4,337 4,535 Total shareholders' equity 3,634 Notes: Unaudited quarterly financials. (1) (2) Including short-term restricted cash only. Interest-bearing debt. (3) Short-term debt includes short-term borrowings, financing and operating lease liabilities and bond payable and current convertible senior notes. (4) Long-term debt includes long-term borrowings, convertible senior notes and financing and operating lease liabilities. (5) Total debt minus cash and short-term restricted cash. 12#14Solar Appendix-Adjusted net income reconciliation Jinko Building Your Trust in Solar (RMB in thousands) Net income attributable to JinkoSolar Holding Co., Ltd.'s ordinary shareholders Change in fair value of convertible senior notes and call option 2023Q2 2023Q3 1,306,102 1,323,273 89,747 295,602 Change in fair value of Long-term Investment -8,711 -130,311 Share-based compensation expenses -201,082 -188,828 Adjusted net income attributable to JinkoSolar Holding Co., Ltd's ordinary shareholders 1,426,148 1,346,910 Notes: Unaudited quarterly financials. 13#15Solar Jinko Building Your Trust in Solar www.jinkosolar.com Solar Jinko Building Your Trust in Solar