Northland Power Corporate Presentation

South Korea Offshore Wind Development Dado, 1.3 GW • 2022 key milestones achieved: • Secured electricity business licenses (EBLs) for 1,270 MW, which grant priority development rights to Northland First major permit on route to financial close. Gives Northland development exclusivity over the site area Project development is progressing Bobae, Jindo County 0.6 GW • Completed 12-months of onshore wind measurement for use in the initial EBL applications Secured EBLS for complete 616 MW Wando • ⚫ Project development is progressing Wando, up to 1.8 GW Wando project is early-stage offshore wind farm development project with expected capacity up to 1.8 GW situated in Wando County, Korea 0 NORTHLAND POWER South Korea Bobae Dado

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