Investor Presentaiton

Accelerating Growth Northland's Capital Allocation is Focused on Renewable Growth Northland has the following major business segments ΠΕ Offshore Wind Increase Exposure Onshore Renewables Increase Exposure Utilities Increase Exposure Efficient Natural Gas Reduce Exposure New Technologies Establish Position 8 Our Renewables segments are growing in line with our capital allocation strategy, and we intend to establish initial positions in new technologies such as energy storage and renewable green fuels NORTHLAND POWER

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