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Investor Presentaiton

Tariff Comparison to European Countries חברת החשמל Israel Electric (€ cents equivalent) 25 20 20 20.4 18.0 15 10 5 Average Price per KWh (1) 15.3 14.5 13.8 13.7 13.3 12.9 12.8 12.8 12.6 12.1 11.8 11.8 11.4 11.1 11.1 0 Finland Cyprus Spain 10.4 10.3 10.2 10.1 9.7 9.5 9.5 9.3 9.1 Croatia Latvia Sweden Romania Slovakia Israel (January 2021) Portugal Slovenia 8.2 7.9 6.6 Turkey Hungary Bulgaria Denmark Norway Estonial Poland Lithuania Source: Eurostat, Electricity prices for domestic consumers - bi-annual data, as of 04/09/2021. Israel rate is based on the last tariff update that does not include VAT (01/01/2021) and converted EUR/NIS exchange rate of 3.91 as of 04/09/2021. 1) Average national price in Euro per kWh without taxes for medium size household consumers (annual consumption between 2,500 and 5,000 kWh). Greece Czechia France Italy Netherlands Austria Germany United Kingdom Belgium Ireland Investor Relations
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