Alternus Energy SPAC Presentation Deck

PORTFOLIO OFFTAKER OVERVIEW Offtake Type Term % of Revenue Long term counterparty PPA Counterparty/ Service provider • GSE FIT - 20 Years from first operation • PPA - 1 year + ● Italy Italian government backed Feed-in-Tariff (FIT) program processed by the GSE Short term PPA for energy sales with multiple off-takers ● FIT - 85% PPA/Merchant - 15% ego GSE Gestore Servic Energetici enercity positive energie gnera • Short term PPA for energy sales with multiple off-takers . ● Romania Romanian government issued Green Certificates (GC's) under an EU support scheme are processed by ANRE which are then traded on OPCOM, the exchange market for energy . ANRE GC Scheme - 15 Years from first operation PPA - Variable pricing GC-85% PPA/Merchant - 15% у opcom NEXT PARTNERS ENERGY enel ANRE TINMAR energy electrica furnizare Netherlands • SDE + subsidy scheme managed by the Netherlands Enterprise Agency (RVO) Project receives two cash payments (1) from the state department RVO and (2) from Engie as part of the energy value. The total of (1) and (2) amounts to the fixed SDE+ granted subsidy SDE+ Subsidy - 15 Years form first operation SDE+ Subsidy - 100% Rijksdienst voor ondernemend Nederland eNGie ● ● Poland Corporate PPA with Gorazdze Cement of Heidelberg Cement Group (Investment Grade off-taker BBB-) Feed-in-Tariff (CfD) with Polish Energy Regulatory Office of Electricity Merchant energy sales - Energy sold on the national energy marketplace. Statkraft manage this process on behalf of Alternus Corporate PPA - 10 Year CfD - 15 Years PPA 70% / Merchant 30% CfD - 15 years Appendix 40 Urząd Regulacji Energetyki HEIDELBERG CEMENT Statkraft

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