Investor Presentaiton

Onshore - Financial Highlights Financial highlights EBITDA Q1 2023 Q1 2022 A FY 2022 FY 2021 A DKKm 834 850 (2%) 3,644 1,349 170% ⚫ Sites 324 496 (35%) 2,097 535 292% • Production tax credits and tax attributes 759 568 34% 2,556 1,382 85% • Other, incl. project development (249) (214) 16% (1,009) (568) 77% 7.9 7.9 7.7 7.5 7.3 7.3* 6.0 Key business drivers Power generation GWh 3,751 3,203 17% 13,146 8,352 57% Wind speed¹ m/s 8.1 7.9 3% 7.4 7.4 (0%) Availability, wind¹ % 91 96 (5%p) 95 93 96 (3%p) Availability, solar PV1 % 99 Load factor, wind¹ % 45 249 99 (0%p) 98 906 Q1 Q2 96 2%p 47 (2%p) 40 42 (2%p) Load factor, solar PV1 % 16 21 (5 %p) 25 24 1%p Installed capacity GW 4.5 3.6 25% 4.2 3.4 25% 1. For 2021, these business drivers are for US only, whereas they are for the entire portfolio in 2022 29 * Indicates m/s for full year 2023 (if Q2, Q3 and Q4 follow the normal wind year) Q3 Q4 FY ■2022 2023 -"Normal wind year" Orsted

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