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Investor Presentaiton

Tariff Comparison to European Countries (€ cents equivalent) 31.2 27.4 26.9 26.7 Average Price per KWh (1) חברת החשמל Israel Electric 25.8 23.7 23.1 21.9 20.1 19.0 18.4 17.8 17.8 16.9 16.9 16.7 15.9 15.8 15.5 13.9 13.4 12.4 12.1 10.6 10.2 9.1 9.1 Sweden Germany Norway Netherlands Czechia Denmark Spain Italy Ireland Belgium Greece Latvia 7.5 7.5 Turkey Hungary Bulgaria Poland Slovenia Croatia Lithuania Slovakia Finland Israel (October 2022) France Austria Estonia Luxembourg Portugal Cyprus Romania 10/27/2022. Source: Eurostat, Electricity prices for domestic consumers - bi-annual data, as of 10/27/2022. Israel rate is based on the last tariff update that does not include VAT (08/01/2022) and converted EUR/NIS exchange rate of 3.54 as of 1) Average national price in Euro per kWh without taxes for medium size household consumers (annual consumption between 2,500 and 5,000 kWh). Investor Relations
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