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Credit Investor Presentation

Financial highlights in full year 2022 Very strong business performance with earnings exceeding outlook; adj. EBITDA of €6.3bn and adj. net income of €3.2bn €4.4bn net cash investments in green growth with more than 80% of capex taxonomy aligned; strict investment discipline Issued €2bn long term green bonds and €2.4bn mandatory convertible to finance green growth programme Short term liquidity requirements managed with additional credit lines and €1.25bn short term bonds - Strong focus on risk management – hedging approach adjusted to manage uncertainty in commodity markets RWE August 2023 Credit Investor Presentation Page 36
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