Investor Presentaiton

ADDENDA GENERATION AND SPOT ENERGY PRICE HISTORY IN THE SING • • No exposure to hydrologic risk until interconnection is fully operative • Long-term contracts with unregulated clients (mining companies) accounting for 89% of demand (bilateral negotiation of prices and supply terms) Maximum demand: ~ 2,821 MW in 2018; expected 3.5% compounded average annual growth rate for the 2017-2026 period MW US$/MWh Coal Gas Diesel Renew. Spot price 350 3,000 Average generation (MW) Marginal cost (US$/MWh) 300 2,500 2,000 1,500 1,000 500 لسلب 250 200 150 100 50 50 0 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Engie Energía Chile Presentation to Investors - 1Q 2018 30 ENGIE

View entire presentation