TAQA Business Overview H1 2023

A closer look at the Business Lines 費臯 Transmission & Distribution (T&D) Key utility infrastructure provider in the UAE ◆ TRANSCO شركة أبوظبي للنقل و التحكم Abu Dhabi Transmission & Despatch Company Major player in the UAE power and water segment Power and water transmission across the whole of Abu Dhabi and to FEWA and SEWA, serving six of the seven Emirates in the UAE Preparing the ground for energy transition Investments in energy transition readiness and associated infrastructure, incl. battery storage, EV charging and demand side management Emphasis on digitalization to achieve operational improvements and smart grid readiness Distribution managed through two Discos: Abu Dhabi Distribution Company (ADDC) Al Ain Distribution Company (AADC) TransCo Network Length, H1 2023 Discos Network Length, 2022 Water 24% ADDC Water 13% AADC Water 5% 14,393 km Power 76% 97,718 ADDC Power 51% km AADC Power 31% Well defined regulatory framework in place for T&D TAQA receives agreed return on investment across T&D assets Revenue and Adj. EBITDA (AEDM) Share of revenue and Adj. EBITDA Major spending plans and enhancing capabilities : • Targeted capital expenditure of AED 40 billion (~USD 11.0 billion) scheduled for the T&D business by 2030 Focus on expansion and interconnection of power, water and recycled water infrastructure in Abu Dhabi • Optimization and digitalization across the value chain 1. Through SEWA and Etihad WE (formerly FEWA) 15,569 13,236 Revenues 3,954 4,339 EBITDA Revenues EBITDA H1 2022 H1 2023 41% 35% 52% 58% TAQɅ 26

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