Investor Presentaiton

STRONG REVENUE POTENTIAL Ocean Sun Installed capacity Illustrative revenues dependent on installation level Statkraft+100 MW p EN Technologies 102 MWp 20% market share 2023E 556 MWp Statkraft + 500 MW p EN Technologies Illustrative 502 MWp 750 MWp Illustrative 1,000 MWp License Fee range $30 - 70k/ MWp $30 70k/MWp $30 - 70k/ MWp $30- 70k/MWp $30 - 70k/ MWp Revenue range Mid-point Revenues $3 - 7m $15-35m $17-39m $23-53m $30 - 70m $5m $25m $28m $38m $50m 34

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