Israel Electric Financial and Sector Reform Update slide image

Israel Electric Financial and Sector Reform Update

Tariff Comparison to European Countries חברת החשמל Israel Electric (€ cents equivalent) 25 20.7 20 20 15 17.7 10 Average Price per KWh (1) 15.6 15.0 14.9 14.7 14.3 13.9 13.6 13.6 13.3 13.0 12.8 12.7 12.0 11.9 5 0 11.3 11.2 10.8 10.4 10.2 10.2 10.0 10.0 9.8 Finland France Cyprus Greece 9.2 8.5 7.9 6.7 Turkey Hungary Bulgaria Poland Estonia Lithuania Croatia Slovakia Latvia Denmark Sweden Romania Portugal Slovenia Source: Eurostat, Electricity prices for domestic consumers - bi-annual data, as of 03/29/2022. Israel rate is based on the last tariff update that does not include VAT (02/01/2022) and converted EUR/NIS exchange rate of 3.55 as of 03/29/2022. 1) Average national price in Euro per kWh without taxes for medium size household consumers (annual consumption between 2,500 and 5,000 kWh). Belgium Ireland Norway Spain Israel (February 2022) Austria Italy Luxembourg Netherlands Czechial Germany Investor Relations
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