Investor Presentaiton

Plans to significantly increase use of wind Climate Action plan outlines significant increase to wind generated electricity Climate Action Plan Goals: 12% ▸ Reduce emissions from electricity by up to 81% from 2018 levels. Target of 5GW of offshore and up to 8GW of onshore wind energy by 2030. 10% Renewable energy share of final energy consumption was 11% in 2019. Goal to increase to 38-40% by 2030 8% Enable 500,000 sustainable travel journeys per day. Increase biofuel use in transport. Increase proportion of kms driven by electric cars to 40-45%. All replacements for bus & rail vehicles to be low or zero carbon emissions and increased rollout of rural public transport. 6% 4% 2% 29-41% reduction in emissions through increased uptake of carbon-neutral heating and decreasing embodied carbon in building materials ▸ Commitment to retrofit 500,000 homes by 2030 and install 680,000 renewable energy heat sources in new and existing residential buildings. 0% 2005 2008 2011 2014 2017 ■Hydro Wind Biomass Landfill Gas Biogas Liquid Biofuels ■Solar Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency Source: SEAI, Climate Action Plan 2021 48 42

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