Meyer Burger Investor Presentation

Industry policy announcements and potential financial support for solar industry relaunch in the European Union TCTF MATCHING CLAUSE (effective) With the TCTF, the European Commission has lifted some state aid restrictions Matching clause under the TCTF makes CAPEX/OPEX support for up to 100% of an investment possible (Nr. 86) Prerequisite: Aid offered by other third country (e.g., through U.S. Inflation Reduction Act) Project must meet a range of conditions (location etc.). The TCTF only provides the state aid framework, Member States need to set up the necessary schemes All funding under the matching clause needs individual state aid notification and approval from the European Commission European Commission ■ NZI-A PREMIUM (in EU Parliament & Council now) " The Net Zero Industry Act (NZI-A) is a regulation proposed by the European Commission. European Parliament and Council still need to approve. Adjustments possible, approval is likely by end of 2023 NZI-A would offer additional support with a Net Zero Resilience Premium (Article 21) and through advantages in renewable energy auctions (Art. 19+20) Member states would be required to establish premium funding for sustainable & resilient products for end consumers: 5% extra on prices that end customer pay for „net-zero resilience" modules Member states would be required to adjust auction results according to net-zero resilience criteria Parts of premiums would then be expected to trickle down to the manufacturer Securing a share of the premium through pricing will be key to additional OPEX support MEYER BURGER 16

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