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Investor Presentation

The project development process is complex; UGE is focused on consistently delivering projects to commercial operation Pipeline Pre-client Commitment Stages 1-2 Site Control Stage 3.0 Megawatts - Project rated capacity Fair Market Value -7% discount rate Average Annual Revenue - Recurring through program life In all cases Company's best estimates at the time of publication 1 As of 6/30/2023 Development Pipeline Project Backlog: 348MW Development Stages 3.1, 3.2 & 3.3 Deployment Stages 4 & 5 Operating Stages 6 All dollar amounts in USD mm Megawatts Site Control Project Development Deployment Operating 605 344 14 4 Fair Market Value per MW Total Fair Market Value Average Annual Revenue $2.75 $2.74 $3.14 $1,664 $936 $44 $126 $71 $4 $2.63 $10 $1 UGE TSXV: UGE | OTCQB: UGEIF 14
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