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Investor Presentaiton

Demand for Electricity (MW) חברת החשמל Israel Electric National Electricity Peak Demand & Total Electricity Produced in the Entire Sector (TWh) Trends 14,000 12,000 3.1% Average Annual Growth Rate 75 The demand for electricity in 70 10,000 7.6% Average Annual Growth Rate 8,000 6,000 4,000 2,000 1990 1992 Israel is growing at a fast and steady pace 65 ■Demand is driven by both 60 population growth and the 73 73 increase in electricity 65 67 68 70 55 64 58 60 62 61 ■ IEC's 50 -Multiplied by 3.8 in 30 years - 54_54_53 45 consumption per household demand which is used for long term planning of the generation segment, anticipates an forecast, 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 Total Electricity Produced in the Sector National Electricity Peak Demand Seasonality in Electricity Demand - Average Consumption of Households 40 average annual increase of 3.0% in peak demand in the years 2021 to 2050 (kWh) 1,000 800 600 400 200 0 Q1- Q2- Q3- Q4- Q1- Q2- Q3- Q4- Q1- 2015 2015 2015 2015 2016 2016 2016 2016 2017 Q2- 2017 2017 2017 2018 2018 ■ Base ■Heating Cooling Q3- Q4- Q1- Q2- Q3- 2018 Q4- Q1- Q2- Q3- Q4- 2018 2019 2019 2019 2019 Q1- Q2- Q3- Q4- 2020 2020 2020 2020 Source: IEC's Annual Financial Statements (1990FY-2020FY), IEC's Statistical data. Investor Relations 13
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