Investor Presentaiton

7 Power production Key figures A growing portfolio of renewable assets Capacity1 MW 3,500 4.1 3,000 Power 2,500 TWh² production 2,000 1,500 1,000 3,954 $ Q1'22 LTM 500 MNOK revenues³ 0 Q4 18 Q1 19 Q2 19 Q3 19 $ MNOK 2,736 Q1'22 LTM EBITDA³ 3,000 2,500 2,000 1,500 $ 1,350 Q1'22 LTM 1,000 MNOK Cash flow to Equity³ 500 ■III Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Wind Hydro Solar 0 Q4 18 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Power Production - EBITDA (LTM) Power Prodction - Cash flow to equity (LTM) (1) In operation. Gross capacity. Average Economic Interest of 52% (2) Median annual net production. (3) Proportionate Financials

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