Investor Presentaiton

The IEC Generation Segment 15 Power stations sites Electricity Generation Sites (1) Eshkol 7 units 1,693 MW Rutenberg 11,615 Megawatts of generation Orot Rabin (2) 7 units 2,605 MW חברת החשמל Israel Electric Fuel Mix by Electricity Generated (4) January 1 - December 31, 2020 Steam (dual purpose) - January 1 December 31, 2019 Gas turbine (internal 4 units/828 MW Haifa combustion) / Combined-cycle and steam) (internal combustion Natural gas & LNG 53.1% Natural gas Coal 45.8% & LNG 56.9% Coal 42.7% 6 units 2,290 MW Hagit 4 units 1,394 MW Gezer 6 units 1,336 MW IEC Generation Facilities Mainly powered by coal - Mainly powered by gas Diesel oil & Fuel oil 1.1% Diesel oil & Fuel oil 0.4% No. of units Installed Capacity (MW) Steam (dual purpose) (coal and fuel oil) (1:2:3) 10 4,840 Steam (dual-purpose) (natural gas and fuel / diesel oil) 6 1,340 Gas turbine (internal combustion) (industrial gas) 9 914 Gas turbine (internal combustion) (jet engine) Combined cycle (internal combustion and steam) Total 16 504 11 52 4,017 11,615 Source: IEC's Financial Statements for 2020FY 1) As of December 31, 2020 2) 3) 4) Units 1-4 at the Orot Rabin Power Station will be transferred to preservation by June 1, 2022. Please see the decision of the Minister of Energy relative to the preservation of units 1-4 of February 8, 2021 published on the EA website In accordance with the Minister of Energy's policy principles, which was published on the Ministry of Energy's website on November 24,2019, it was decided that units 5-6 at Orot Rabin Power Station and units 1-4 at Rutenberg Power Station will gradually converse using natural gas in order to stop routine coal use until 2025 and no later than 2026. As of December 31, 2020, 22.1% of IEC revenues are associated with IEC's coal fired units located in 2 sites. Investor Relations 15

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