Investor Presentation

Q1'23 Milestones 4.0 3.5 3.0 2.5 2.0 1.5 10 1.0 0.5 Operating Portfolio (MW) 3.8 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 60% growth in operating assets QoQ CUGE UGE Projects Stages 3.1 - 6.0* As-of March 31, 2023 23 projects 106 MW 8 projects (2 operating) 8 MW 3 projects 19 MW WA 1 project 4 MW MT 15 projects (5 operating) 22MW 11 projects VT ME 9 projects 18 MW ND 60 MW OR MN ID SD WI WY MI RI IA PA NJ NE NV OH DE IN UT CO WV MD CA KS VA MO KY DC 5 projects 42 MW NC TN OK AZ NM AR SC 5 project 13 MW MS AL GA LA 4 projects 15 MW AK HI FL 3 projects (1 operating) TSXV: UGE | OTCQB: UGEIF 8 MW 12

View entire presentation