Northland Power Capitalized Growth & Strategic Overview slide image

Northland Power Capitalized Growth & Strategic Overview

Global Company with Local Presence Established Regional Presence Provides Competitive Advantage 1. • • • • • Offshore Wind Strategy TOP 10 Incumbent in Global Offshore Wind Fastest Growing Renewables Technology Significant driver of value and growth over next decade 1.2 GW in operations and 2.7 GW1 of projects which will achieve financial close within the next 2 years • Building size and scale across multiple markets in Europe and Asia • • Onshore Renewables Strategy • Growth in near-term cash flow Industry is expected to grow at upwards of 10% per annum over the next decade We continue to build local capabilities in development to ensure that sufficient resources are available in supporting functions M&A will continue to play a role to grow presence in select markets Focus will be on key markets including the US Northeast, Southern and Eastern Europe and Colombia Includes Hai Long, Baltic Power and Nordsee Two • • • Battery storage 0 NORTHLAND POWER Hydrogen New Technologies New growth area focus for Northland Exploring opportunities in energy storage and green hydrogen A way to tap higher-value end markets for our electrons Northland Power | 5
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