European Energy Financial Overview

European Energy by the numbers Key findings EBITDA == EUROPEAN ENERGY PROFIT BEFORE TAX European Energy has more than doubled its equity since 2015 45 45 40 40 Full year 34 34 • EBITDA has more than tripled since 2015 35 guidance 40-45 • Revenue from consolidated power sale has increased significantly from EUR 6m in 2015 to EUR 20m in 2018 . Strong earnings linked to growth in EBITDA EUR million 30 25 16 25 20 28 20 15 11 20 20 EUR million 10 2332250 26 26 26 26 Full year guidance 30-35 18 • Healthy construction pipeline underlining continued сл 5 10 5 9 future growth 0 2015 2016 17 15 10 18 6 21 21 5 7 0 2015 2016 2017 2018 Q1 20191 2017 2018 Q1 20191 140 120 100 EUR million 00 80 60 40 20 0 Sale of energy parks Sale of power, asset mgmt. etc. UNDER CONSTRUCTION OR READY TO BUILD EQUITY SALE OF ELECTRICITY 700 127 CAGR: 600 500 408 400 300 180 200 100 0 2015 2016 2017 2018 Q1 20191 اس اس اس 40 644 40 571 35 1372 501 30 25 507 10 5 0 2015 2016 2017 2018 Q1 20191 1) Q1 2019 numbers are not audited 2) Construction projects acquired or started after Q1 2019, in order to reflect current pipeline Consolidated sale EE-share in non-consolidated companies 16 10 6 Q1 20191 | 8

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