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Investor Presentaiton

PUERTO RICO ELECTRIC T&D SYSTEM OPERATION & MAINTENANCE LUMA Energy - A Transformative Opportunity LUMA Energy, LLC (LUMA), 50% owned by Quanta and 50% owned by ATCO, was selected in June 2020 for this historic opportunity - the transformation and modernization of the Puerto Rico electric transmission and distribution (T&D) system, which is designed to provide significant benefits to the people of Puerto Rico - through an Operation and Maintenance Agreement (O&M Agreement) with the Puerto Rico Electric Power Authority (PREPA) and the Puerto Rico Public-Private Partnerships Authority (P3) LUMA is a purpose-built company that leverages the strengths of Quanta, ATCO and IEM, including world-class utility operations; craft-skilled labor training and management; and federal funds procurement, management and deployment LUMA's O&M Agreement is consistent with Quanta's long-term strategy and represents successful collaboration with a customer to deliver unique infrastructure solutions that can serve as a blueprint for future opportunities LUMA commenced operation and maintenance of the T&D system in June 2021 under an interim services agreement During the interim services period, LUMA earns a fixed fee, and during the primary 15-year term under the O&M Agreement, LUMA is scheduled to receive a fixed annual fee, with the opportunity to earn annual incentive fees based on achievement of performance metrics PREPA retains ownership of the electric T&D system, and LUMA is not required to make its own capital investments in the system Electric T&D system operating costs and capital expenditures are pass-through and paid from pre-funded service accounts. Quanta believes there could be opportunity for it to compete for work associated with Puerto Rico's grid modernization efforts that is separate from its ownership interest in LUMA. QUANTA Page 24
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