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Investor Presentaiton

The Israeli Electricity Sector Structure 2019 System Administrator Supply Distribution Transmission Generation Capacity System Administrator Supply Distribution Transmission 2025* חברת החשמל Israel Electric Generation Capacity 0% 20% 40% 60% 80% 100% IEC 0% 20% 40% 60% 80% 100% IEC ■IPP ■Historical Distributers IPP Historical Distributers A new government company In light of reform in the electricity market, an independent government company established to manage the system. The share of IEC in the generation segment will be reduced and the supply segment shall be open to competition. IEC will focus its activity in the T & D segments. The transmission activity and most of the distribution activity shall remain in IEC as Essential Service Provider Source: The Electricity Authority - Report on State of Electricity Sector Year of 2019. * The Electricity Authority Forecast Investor Relations 38
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