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Investor Presentaiton

Uruguay is going green, diversifying its energy mix towards renewable sources and reducing fiscal risks Installed Capacity in MW (According to generation source) 5,000 4,000 3,000 2,000 1,000 2005 2006 2007 2008 2009 2010 2011 Thermal Hydro Eolic Biomass ■ Solar Source: Ministry of Industry, Energy and Mining Electricity Generation Matrix 2017 (By generation source, in % of total) 26 18 22 52 62 ■ Thermal ■ Hydro ■ Eolic ■ Biomass ■ Solar 41
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