Investment and Growth Strategy

RENEWABLE ENERGY BUSINESS OPERATING PERFORMANCE OVERVIEW RENEWABLE ENERGY GEL MILLION REVENUE DEVELOPMENT -7.5% EBITDA DEVELOPMENT 44 41 NMF 12 +31.2% 16 -28.0% -36.5% -26.6% -36.8% GEORGIA CAPITAL -6.9% 33 31 7 6 5 -20.6% 4 4 2 7 31 25 6 5 1Q21 1Q22 1Q23 LTM 31-Mar-22 LTM 31-Mar-23 1Q21 1Q22 1Q23 LTM LTM 31-Mar-22 31-Mar-23 PPA Non-PPA BI Reimbursement - Total revenue KEY OPERATING HIGHLIGHTS Electricity generation (GWh) 33.9 Average sales price (US$/MWh) 61.0 1Q22 VS. ■1Q23 Change y-o-y 28.9 -14.8% 62.4 +2.4% 85

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