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REC Silicon Investor Presentation

Pareto Investor Conference | Solar Solar Market Developments to Monitor Global Supply/Demand ➤ Demand growth exceeding capacity additions ➤ Poly-price rising US-China Trade War ➤ New US administration ➤ Announced new clean energy agenda Drivers: Non-Chinese Value Chain ➤ China Dependence ➤ Low-Carbon ➤ Forced Labor Issues Provided a normalization of the polysilicon market, REC Silicon has a Proven Profitable Platform. CO 6 O REC Silicon ASA. All rights reserved. Confidential 1/15/2021 RECSILICON
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