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Investor Presentaiton

80 In 2021, the government launched a new roadmap for developing green hydrogen energy production. In April 2020, the MoF of Uruguay and JBIC signed a Memorandum of Understanding to promote environmentally-friendly policies and collaborate on green hydrogen technologies Uruguay's Key Attributes for Becoming an Exporter of Green Hydrogen in the Medium Term #1. Generation Potential Great potential for the generation of electricity from wind and solar photovoltaic energy sources. 1 2 H2 # 2. Capacity of Complementarity High installed capacity of energy factors (approx. 60%) due to complementarity between renewable sources of energies. # 3. Privileged Logistics Location Coast to the Atlantic Ocean and access routes to the entire country. 3 4 Source: Ministry of Industry and Energy and Ministry of Economy and Finance. # 4. Strong Institutions and Predictable Policy Framework Reflected in low credit spread. 40
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