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Investor Presentaiton

The Israeli Electricity Sector Fuel Mix חברת החשמל Israel Electric (TWH) 100 Electricity Market Fuel Mix (IEC & IPP) 84.9 80 11.3 72.5 73.2 68.3 69.6 65.5 65.7 3.3 5.6 63.4 61.5 1.8 2.0 61.4 59.8 1.3 0.3 58.4 60 0.2 1.5 0.9 0.9 2.6 9.3 50.1 22.8 21.0 27.1 10.8 30.4 34.4 41.1 43.2 46.3 46.1 70.8 40 20 38.7 34.2 35.1 32.1 30.1 29.2 24.2 22.0 20.6 21.9 17.5 2.8 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020* 2025* ■ Coal Natrual Gas Diesel Fuel ■ Other Renewable Energy The Israeli Electricity Sector is expected to be "coal free" by 2030 (target could move forward to 2025) Source: The Electricity Authority - Report on State of Electricity Sector Year of 2019. * The Electricity Authority Forecast Investor Relations 34
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