AES Panama Investor Presentation

Hydrology Changuinola (m3/s) 200 150 100 50 0 60 88420 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Actual --- Fcst Chiriqui (m3/s) Budget Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Actual Fcst Budget 400 300 +37.4% 200 100 0 Bayano (m3/s) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Actual --- Fcst Budget 62 60 Bayano (msnm) g གྷ ྨ 8 56 58 54 -34.0% 52 50 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2020 LTA 2019 2021 +83.7% -0,65 aes

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