Investor Presentation

23 projects 106 MW 8 projects (2 operating) 8 MW What is Community Solar? 80% of households and >90% of businesses are unable to install solar themselves With community solar: • • Subscribers purchase energy credits at discount to grid price Real estate owners receive lease payments for hosting the solar system Fastest growing segment of U.S. solar industry with 8X DOE growth target through 2025 • Inflation Reduction Act provides targeted support to community solar projects Aligns with climate justice movement in that it supports low and moderate communities Community Solar Program Rating by State¹ UGE Projects Stages 3.1 - 6.0* As-of March 31, 2023 3 projects 19 MW 15 projects 9 projects 18 MW WA 1 project 4 MW MT (5 operating) 22MW 11 projects VT ME ND 60 MW OR MN NH ID SD WI WY MI CT RI IA PA -NJ NE NV OH -DE IL IN UT CO WV MD CA VA KS MO KY DC 5 projects 42 MW NC TN OK AZ NM AR SC 5 project 13 MW MS AL GA LA 4 projects 15 MW FL 3 projects HI (1 operating) 8 MW AK UGE TSXV: UGE | OTCQB: UGEIF 23 23

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