1H 2023 Update & Highlights

Q3 2023 UPDATE NEW OCC ADDITIONS DEPARTA RTMENT OF ENERGY CROSS BORDER DEVELOPMENT PROJECT NEW CORPORATE INITIATIVES COLORAT VENA ENERGY PHIL IPPINES ■ In March 2023, the Government of the Philippines announced the 2nd round of the Green Energy Auction Program (GEAP2), for a total of up to 11.6GW of capacity across various renewable energy technologies ■ Vena Energy owns a large pipeline of onshore wind and solar energy projects in the Philippines at various stages of development ■In July 2023, the Government of the Philippines conducted the auctions and awarded a total of ~3.5GW of new projects, with Vena successfully securing ~1.0GW (27% market share) of contracted ground- mounted solar and onshore wind capacity ■ In March 2023, the governments of Singapore and Indonesia signed an MoU to facilitate cross-border electricity trade ■ Vena Energy owns a pipeline of projects in Indonesia including a 2GW solar/8GWh BESS project in the Riau Islands, ideally located to potentially connect to Singapore ■ In August 2023, Vena Energy entered a landmark framework agreement with major equipment suppliers, supporting the establishment of local production lines for components of solar PV panels and BESS ■ Vena Energy also signed a collaboration agreement with Shell for the cross-border supply of green energy to Singapore, supporting the country's target to import up to 4GW of low-carbon firm electricity from neighboring countries by 2035 ■ On 24 August 2023, Vena Energy secured a 5-year USD550m multicurrency unfunded Green Letter of Credit Facilities from relationship lenders, enhancing financial flexibility and corporate liquidity ■ On 1 September 2023, Vena Energy Pte Ltd, a wholly owned subsidiary of Vena Energy Holdings, was awarded the Finance and Treasury Centre incentive by the Economic Development Board of Singapore, as part of the ongoing expansion of Vena Energy's corporate group in the country VENA ENERGY 33 13

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