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Electricity Tariff Update

Historical Performance (1) Comparison of Key Metrics 12/31/2012 12/31/2022 % Change חברת החשמל Israel Electric IEC Historical CAPEX (3) in the T&D segments (Nis billion) $1.0 Population (2) 3.2 8.0 9.7 21.3% (mn) $0.5 68.4% 1.9 1.9 Number of 2.6 3.0 15.4% Customers (mn) 1.2 Transmission 1.3 network lines 5,338 5,872 10.0% 0.7 (km of circuit) 2012 2022 Distribution network lines (km of circuit) 46,489 71,068 52.9% I Transmission Distribution IEC continues to be the sole vertically integrated electric utility in Israel Source: IEC Financial Statements for FY2011 and for FY2022, IEC Statistical Report for 2011FY and The Electricity Authority - Report on State of Electricity Sector Year of 2021. According to the Israeli Central Bureau of Statistics 1) 2) 3) CAPEX after re-measurements, reform costs and lease Financial Figures denote USD figures at USD/NIS average exchange rate of 3.86 & 3.36 for 2012FY & 2022FY, respectively Investor Relations 21 224
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