Q3 2023 Financial Highlights & Renewable Capacity Update slide image

Q3 2023 Financial Highlights & Renewable Capacity Update

Onshore - Financial Highlights Financial highlights EBITDA Q3 2023 Q3 2022 A 9M 2023 9M 2022 A FY 2022 FY 2021 A DKKm 819 867 (6%) 2,445 2,792 (12%) 3,644 1,349 170% ⚫ Sites 246 610 (60%) 862 1,677 (49%) 2,097 535 292% • Production tax credits and tax attributes 581 597 (3%) 1,977 1,844 7% 2,556 1,382 85% • Other, incl. project development (8) (340) (98%) (394) (729) (46%) (1,009) (568) 78% Key business drivers Power generation GWh 2,927 2,723 7% 9,999 9,721 3% 13,146 8,352 57% Wind speed¹ m/s 6.2 Availability, wind¹ % 895 6.0 3% 7.0 7.2 (3%) 7.4 7.4 (0%) 85 92 (6%p) 90 94 (4%p) 35 93 96 (3%p) Availability, solar PV1 % 98 96 2%p 98 98 Load factor, wind¹ % 27 28 (0%p) 35 460 0%p 98 96 2%p 40 (5 %p) 40 42 (2%p) Load factor, solar PV1 % 32 32 Installed capacity GW 4.8 4.2 22 0%p 27 28 (1%p) 25 24 1%p 15% 4.8 4.2 15% 4.2 3.4 25% 32 1. For 2021, these business drivers are for US only, whereas they are for the entire portfolio in 2022 Orsted
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