TAQA Business Overview H1 2023

A closer look at the Business Lines TAQA Generation (excluding Masdar) National champion with a growing global footprint I 21 power & water assets across the globe • 14 power & water assets in the UAE with 20.1 GW generation capacity and 1,060 MIGD water capacity 7 assets outside UAE (4.0 GW) across 6 countries: Morocco, Ghana, KSA, USA, Oman and India Spearheading TAQA's green initiatives Dafrah PV2 (2GW capacity) is the world's single largest solar PV farm Taweelah RO (200 MIGD) is the world's largest RO desalination plant Fujairah 3 (2.4 GW capacity) is designed to be the most efficient CCGT plant on Abu Dhabi network 201 Over 12 years weighted residual life of P(W)PAs, excluding projects under construction The growth projects under development will have 20 to 30-year off-take agreements once completed Exclusive rights to participate in all future power and water generation projects tendered in Abu Dhabi over the next ten years with minimum 40% stake (renewables to be executed through Masdar) Strategic initiatives: • • Expand portfolio in domestic and international markets Strategically positioning in renewables and Green Hydrogen sphere through Masdar Value creation through optimization of operational portfolio via technical and financial initiatives 19.2 GW Total operating gross installed power capacity 5.0 GW New power capacity under construction 860 MIGD Total operating water capacity 200 MIGD New reverse osmosis water capacity under construction Revenue and EBITDA (AEDM) Share of revenue and EBITDA 6,502 6,450 3,787 3,815 EBITDA Revenues 24% 26% . Develop O&M and lead developer capabilities Revenues EBITDA H1 2022 H1 2023 36% 33% 24 TAQA

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