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Investor Presentaiton

Advancing a sustainable future for all Reducing our carbon footprint We have set a target to reduce Scope 1 & 2 greenhouse gas (GHG) economic emissions intensity by 30% by 2030 and continue to evaluate opportunities to achieve further emissions reductions across the broader value chain. Behaving as a responsible corporate citizen We have updated our Supplier Code of Conduct and published global environmental, occupational health and safety, and human rights policies to protect and preserve the natural capital supporting our business. Building a world-class workforce We continue to hire the best and cultivate a workforce that celebrates diverse perspectives and experiences. Our newly formed diversity, equity, and inclusion (DEI) council is charged with fostering an inclusive culture and mindset, ensuring that all employees feel appreciated and valued. Supporting our people and communities We support our employees with programs that promote health, safety, wellbeing, and satisfaction at work, and are continuing our Corporate Social Responsibility (CSR) initiatives, such as collaborating with GRID Alternatives. Ensuring transparency and accountability With executive leadership, cross-functional team participation, and Board oversight, we provide annual ESG disclosures aligned with the TCFD, SASB, GRI, and UN SDG frameworks. Environmental Impact 64.2 TWh of clean energy production 2 调 5.1 billion gallons of gasoline not consumed¹ CO₂ 45 million metric tons of CO2e prevented from entering the atmosphere, enough to power 5.7 million homes with energy for one year¹ 115 billion miles not driven by an average gas-powered passenger vehicle¹ Table 2: GHG emissions* and emissions intensity Emissions type Direct emissions (Scope 1) (MTCO₂e) Electricity-indirect emissions (Scope 2) (MTCO2e) Other indirect emissions (Scope 3) (MTCO₂e) Total emissions (MTCO₂e) Scope 1+ 2 emissions intensity (MTCO₂e/$M revenue) *All emissions figures represent location- and market-based calculation. Units O 10,603 53,542 64,145 4.55 1 Estimate based on Enphase managed systems data as of December 31, 2022 grossed up for non-managed systems based on cumulative production records; CO₂e calculations based on EPA GHG calculator 2 Annual running total estimate based on Enphase managed systems data as of December 31, 2022 grossed up for non-managed systems lative production records → ENPHASE © 2024 Enphase Energy, Inc. 12
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