Investor Presentaiton

1Q-2023 Corporate Presentation AES Argentina Generación At a Glance 3,001 MW DIVERSIFIED GENERATION PORTFOLIO Legacy Portfolio 1,578 MW Thermal assets 1,207 MW Hydro assets 16 MW Battery Storage Wind Assets 200 MW Fully Contracted 80 MW under RenovAr PPA 120 MW with industrial customers under MATER PPAs Diversifying client base FONINVEMEM Receivables $128mn Outstanding in FONINVEMEM receivables as of 1Q-2023 Power Plants Equity stakes in 2 FONINVEMEM era plants (7% Belgrano, 6% San Martin and future equity stake of up to 30% in Guillermo Brown) CAPITAL STRUCTURE Financials (1Q-2023 LTM) $330mn Financial debt $40mn Cash $114mn EBITDA Leverage 1.8x $47mn FONINVEMEM collections Net Debt to EBITDA + FONINVEMEM collections as of 1Q-2023 Manageable debt profile, with a deleveraging trajectory 2 aes

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