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Investor Presentaiton

2.4 Elia Group well positioned for offshore growth elia group Current and targeted offshore capacity in Europe (based on EU commission and UK CCC1 plans), GW 18 Today 5-6x 16-19x 100 30 300-350 2050 Current situation with Russia will only accelerate the need for renewables / integration of offshore wind in Europe Elia Group is well positioned to capture the opportunities of this growing market: • We are a leader in offshore grid connections with >10- year track record and cross-nationally active TSOs in Europe Set-up of Wind Grid to roll-out our expertise to regions beyond our current perimeter WindGrid Ela Group Rationale: expertise, offshore technology, further decarbonisation Business Model: develop, build and (partially) sell after commissioning Revenues: partial or full sell-off of asset, rental revenues Offshore capacity to grow significantly in Europe requiring the build-up in offshore grid infrastructure 1. Commitee for Climate Change 31
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