Investor Presentaiton

9 LATVIA HAS FULLY SWITCHED FROM RUSSIAN GAS TO THE NEW ALTERNATIVES Baltic states, including Latvia, are diversified away from Russian gas Latvia made timely decisions. Gas supply integrity in the Baltic - Finnish region provides security Latvia's access to global gas market is ensured by: 1. Primary gas channel with Klaipeda LNG floating terminal in Lithuania and Lithuania- Poland interconnection (GIPL). Klaipeda is planning to expand the LNG capacity. 2. New floating LNG terminal in Finland operational since January 2023. Additional infrastructure available also in Estonia. 3. Having alternative supply routes in the region, the development of the LNG terminal in Latvia (Skulte), near the underground gas storage at Inčukalns, may be considered, but currently, based on market considerations, without state support or guarantees. 4. Inčukalns is a unique underground natural gas storage and the 3rd largest in Europe with the 22.6 TWh total technical capacity (for period 2023/2024) that exceeds Latvia's annual needs. Inčukalns gas storage capacity is 100% reserved for the 2023/2024 cycle ■ As of 1st July 2023, Inčukalns gas storage capacity is fulfilled 50% more than it was at the end of April 2022. Total technical capacity of Inčukalns is already fully booked for the upcoming heating season. Latvia is well-prepared to tackle a possible energy shortage by creating gas energy security reserves of 1.8 TWh in December 2022. ■ In 2022, annual gas consumption decreased by over 30%, from 12,5 TWh in 2021 to 8,8 TWh in 2022, impacted not only by austerity measures in 2022/2023 season, but also gradually replacing gas heating systems with alternative systems. FINLAND BALTIC- CONNECTOR Inkoo LNG ESTONIA LNG Klaipeda LNG POLAND LATVIA Inčukalns Gas Storage LITHUANIA GIPL PIPELINE

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