2022 Investor Day Presentation

POWER AND ENERGY SOLUTIONS Corporate strategy alignment and key takeaways Showcase sustainable growth in cash flows • Significant opportunity set to capture low-carbon growth · • Incumbent position enables access to high barrier to entry markets Advancing low-carbon projects with attractive returns • Bruce Power will generate substantial incremental free cash flow in early 2030s 0 00000 00000 00000 0 00 00000 O 00000 00000 00000 0000000000 000000 0000000000 280 Demonstrate the resiliency of our portfolio Bruce Power - emission-less generation contracted to 2064 with an investment-grade counterparty • Diversity of opportunities and structures gives optionality to align with our risk preferences Growth driven by customer demand for decarbonization solutions; existing customer relationships are a competitive advantage E Provide a clearly defined funding plan • Joint ventures, partnerships and project level financing optionality, minimizing equity capex • Our strong energy transition origination, development and operational capabilities will ensure we deliver on our commitments 91

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