Northland Power Capitalized Growth & Strategic Overview

Northland's Competitive Positioning Northland is well positioned to capitalize on market growth opportunities Growth Pipeline Moves Toward Financial Close Global De-carbonization movement is accelerating Significant growth in renewables expected to offer immense opportunities for Northland 2.9 GW of development projects will be de-risked over next 24 months Provides certainty to costs as projects approach financial close Proven ability to enter new markets and establish competitive position Established teams in key markets provide local presence to generate growth opportunities Capital plan to support growth Prudent capital strategy with multiple levers to support continued growth of business NO H WA ESKVLOTEC

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