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Investor Presentaiton

AES ARGENTINA DEVELOPMENT EXCELLENCE AAG has 29+ years of successful operations and growth through both greenfield and M&A El Tunal & Cabra Corral concession Alicurá Plant concession 2001 The AES Corp acquires San Nicolás plant Sarmiento Plant acquired 1996 2000 1995 1993 AES Paraná Plant begins operations Ullum concession Installed capacity evolution (in gross MW) 2010 2020 2019 2016 San Martín and Belgrano power plants begin operations Guillermo Brown begins operations +4,637 MW (CAGR = 7.9%) Vientos Bonaerenses begins operations Vientos Neuquinos begins operations Own Plants FONINVEMEM Plants 2,311 2,311 1,733 4 2,785 2,785 2,785 3,001 1,915 675 787 H 1993 1995 865 1996 H H H H 2000 2001 2010 2016 2020 aes Note: Gross MW not adjusted by percentage ownership.
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