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Investor Presentaiton

Energy Markets - Underlying EBIT ($m) Underlying EBITDA Depreciation and amortisation Customer EBIT 1H17 1,261 (47) 230 230 Consumer Electricity gross margin 244 Consumer Gas gross margin 150 Business Electricity gross margin 18 Business Gas gross margin 38 Net operating costs (220) Wholesale Markets EBIT 985 Electricity gross margin 772 Gas gross margin 164 Eco-markets gross margin 63 Net operating costs (14) New Energy Services EBIT (1) Gross margin Net operating costs Underlying EBIT 5 (6) 1,214 ཙྪཱཙྩཊྛིཧྨཡྻངྐ ༤ དྷ8gཎྜ8 8 ཛྱཱ॰ ཛིཨྰ 1H16 Change 1,240 2% (49) (4%) 244 171 (12%) 17 6% 31 23% (233) (6%) 966 2% 714 8% 236 (31%) 110% (80%) (17%) (11) (45%) 1,191 2% 33 AGL Energy in action Group Operations - Underlying EBIT ($m) Underlying EBITDA Depreciation and amortisation Thermal 1H17 1H16 Change (236) (259) (9%) (180) (170) 6% (346) (338) 2% Renewables (18) (37) (51%) Natural Gas (26) (27) (4%) Other Operations (26) (27) (4%) Underlying EBIT (416) (429) (3%) 34 AGL Energy in action?' 9/2/2017 17
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