Investor Presentaiton

Strategic imperatives drive capital allocation. Energy supply investments under assessment subject to meeting required rates of return Current investment scope ($m, approximate) Prosper in a carbon constrained future From Build customer advocacy High emissions technology Other gas storage 600 500 400 300 agl 200 Το 100 Lower emissions 0 technology FY16 FY17 FY18F FY19F FY20F Crib Point LNG import jetty - subject to feasibility study NSW Generation Plan - approved PARF Investor Day | 13 December 2017 Silver Springs gas storage expansion - subject to feasibility study NSW Generation Plan - subject to feasibility study Barker Inlet Power Station 47

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