Q2 2021 Financial Highlights and Offshore Wind Build-Out Plan slide image

Q2 2021 Financial Highlights and Offshore Wind Build-Out Plan

Onshore - Financial highlights FINANCIAL HIGHLIGHTS Q2 2021 Q2 2020 A FY 2020 FY 2019 A Wind speed (m/s), US onshore wind farms EBITDA DKKm 178 312 (43%) 1,131 786 44% ⚫ Sites (5) 103 n.a. 451 466 (3%) 8.0 • Production tax credits and tax attributes 312 268 16% 1,004 628 60% 7.5 7.7 7.3 8.0 7.6 7.4* 6.7 Other, incl. project development (129) (59) 119% (324) (308) 5% KEY BUSINESS DRIVERS Power generation TWh 2.0 1.6 25% 5.7 3.5 64% Q1 Q2 Q3 Q4 FY Wind speed, US m/s 7.3 8.0 (9%) 7.6 7.3 4% ■2020 2021 "Normal wind year" Availability, US wind % 97 96 1%p 96 98 (2 %p) Availability, US solar PV % 00 90 n.a. n.a. n.a. n.a. n.a. Load factor, US wind do % 45 49 (4 %p) 45 Load factor, US solar PV % 29 n.a. n.a. n.a. n.a. n.a. 476 45 0%p The wind speed indicates how many metres per second the wind has blown in the areas where we have onshore wind farms. The weighting is based on our generation capacity * Indicates m/s for full year 2021 (if Q3 and Q4 follows the normal wind year) Installed capacity GW 2.5 1.6 50% 1.7 1.0 67% 29 Orsted
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