Investor Presentaiton

43 European Offshore Wind Facility Details Gemini 600 MW 85km Nordsee One Deutsche Bucht 332 MW 252 MW 40km 95km 150 x Siemens 4 MW 54 Senvion x 6.15 MW 31 x MHI Vestas 8MW Capacity Distance to Shore Wind Turbines Turbine Foundation Water Depth Total Project Costs Revenue Contract Type Revenue Contract Term Monopile 28m to 36m €2.8 Billion Contract for Differences (CFD) (FIT-Type) 15 years ~€169/MWh Revenue Contract Price Grid Connection Responsibility NPI Ownership [No escalation] Gemini responsible for connection to shore 60% Monopile 26m to 29m €1.2 Billion Monopile 39m to 41m €1.5 Billion Feed in tariff ~10 years €194/MWh for 8 years, €154/MWh for 1.5 years [No escalation] Feed in tariff ~13 years €184/MWh for 8 years, €149/MWh for 4.7 years [No escalation] Tennet responsible for connection to Tennet responsible for connection to shore shore 85% 100% NORTHLAND POWER

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