Investor Presentaiton

Capital expenditure Capital expenditure FY18-201 A$m, nominal Replacement Augmentation Connection and reliability Non-network and other FY18 FY19 FY20 472 577 385 18 29 29 15 23 37 120 269 91 Regulated capex 625 898 542 ACS and unregulated capex 186 161 140 Total capex 811 1,059 682 Better Ausgrid Together Note: 1. FY20 numbers are unaudited and subject to revision 47

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