Investor Presentaiton

Key Investment Highlights TERNA ENERGY GEK TERNA GROUP TERNA ENERGY GE K TERNA GROUP ✓ Large-scale and Diversified Renewable Energy Platform High-quality Renewable Asset Portfolio • The largest renewable energy company in Greece with presence in the US, Poland and Bulgaria Vertically integrated with strong in-house competencies and capabilities in development, EPC, financing and operation of renewable energy projects (wind, hydro, solar, biomass, waste management) Large operating portfolio of 46 onshore wind farms (1344 MW), 3 solar plants (9 MW), 2 hydro (18 MW) 1 biomass (1 MW) and 3MW of 1 Waste and 1 Biogas Plant Young asset portfolio with a weighted average operating life of c.5 years and stable operational performance (c. 48% of installed capacity commissioned in the past 5 years) • Stable historical availability and load factors, supported by best in class in-house O&M and management capabilities Best-in-class technology supplied mainly by top tier international contractors (Gamesa, Siemens, Vestas) ✓ Stable Regulatory Framework Attractive Near Term Renewable Capacity Growth • New regulatory framework, intended to bring Greece in line with other European market-based reforms, offering some of the most attractive financial incentives for onshore wind projects across Europe Opportunity to grow through competitive tenders Stable and Predictable Cash Flow Generation ✓ Long-term Contracted Assets Stable cash flow derived from a mix of off-take agreements (PPAs) and regulated feed-in-tariffs (FiTs) with high credit quality counterparties Young asset fleet with weighted average remaining contracted life of c. 19 years Strong cash yielding profile supported by balanced financing strategy Success Story of Organic Growth and Value Creation ✓ Focused Strategy and Attractive Pipeline . Strong track record of organic growth with 442 MW developed since 2013 in 4 countries (Greece, Poland, Bulgaria and the US) Significant development pipeline of 429 MW ✓ Fully Integrated Platform ✓ Proven Management Team Experienced and highly qualified team of more than 200 staff with development, EPC, asset management and financing expertise • Proven management team led by founder and executive chairman George Peristeris with extensive renewable energy and power experience • Current management team has been responsible for the growth of Terna Energy since the inception of the Company 2

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