Credit Investor Presentation

RWE's energy transition RWE accelerates its decarbonisation path by exiting coal in 2030 Accelerated coal phaseout path by 8 years capacity development Coal exit 2030 Coal exit 2038 31 Dec 2021 31 Dec 2025 31 Mar 2030 31 Dec 2038 RWE, together with federal and state governments in Germany, has reached agreement to close its coal business by 2030 (compared to 2038 previously) Agreement provides for a full exit from lignite power generation in 2030, creating the base to reduce our emissions in line with a 1.5°C compliant pathway We follow our strong commitment to exit coal operations in a socially responsible way and support the local communities in affected regions from coal exit Further growth opportunities in RWE's green core business from additional buildout opportunities of wind & solar in lignite mining areas as well as flexible generation capacity on existing sites. RWE is prepared to invest approx. 3 GW of H2 ready gas plants on existing sites RWE sets itself more ambitious climate targets for 2030 and a Net Zero target for 2040 and submitted them to SBTi for validation in line with 1.5 °C reduction path. RWE August 2023 Credit Investor Presentation Page 16

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