Georgia Capital 3Q23 & 9M23 Performance Overview

RENEWABLE ENERGY BUSINESS OPERATING PERFORMANCE OVERVIEW RENEWABLE ENERGY GEL MILLION -3.9% REVENUE DEVELOPMENT 15 15 8 8 34 -12.8% 30 16 -9.1% 14 -15.8% EBITDA DEVELOPMENT 27 -9.0% 13 12 GEORGIA CAPITAL -19.2% 222 7 6 19 16 3Q22 3Q23 9M22 9M23 3Q22 3Q23 9M22 9M23 ■PPA ■Non-PPA - Total revenue KEY OPERATING HIGHLIGHTS Electricity 98.7 generation (GWh) Average sales price 54.3 (US$/MWh) 3Q22 VS. ■ 3Q23 Change y-o-y 9M22 VS. ■ 9M23 Change y-o-y 97.4 -1.3% 221.2 203.2 -8.1% 56.4 +3.9% 53.1 56.4 +6.2% 85

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