Investor Presentation

What Does that Mean for Cash Flow? 1. UGE's Approach Drives Cash Flow Investment tax credit of 30-50+% post-IRA Based on project Fair Market Value Debt sizes based on recurring cash flows. Net result: Sources - Uses = Developer Fee 2. Example: Maine portfolio Three projects, 6.7MW • Sources: $19.6M • • CUGE Uses: $13M Developer Fee: ~$6.6M Across backlog: Cash flow positive in 2023 TSXV: UGE | OTCQB: UGEIF

View entire presentation