Canadian Solar Financial and Operational Summary Q1 2022

....and a strong balance sheet with adequate and stable leverage 11.2x 9.1x Total and Net Debt to EBITDA 7.9x 6.3x 5.8x 5.2x 5.2x 4.5x 3.9x 3.7x 3.3x 2.9x 2.9x 2.4x 2016 2017 2018 2019 2020 2021 1Q22 TTM Total debt to EBITDA Net debt to EBITDA* Note: Net debt calculation nets out unrestricted cash only. Total and net debt to EBITDA at 5.8x and 3.9x respectively Excluding non-recourse debt, the ratios. would be c.1.2x lower CanadianSolar MAKE THE DIFFERENCE 35

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