Investor Presentaiton

SPIC BRASIL About SPIC Brasil Our energy comes from multiple sources Vision-driven progress Safety is the foundation of care GRI Summary 54 New solar assets BC 2022 marked our entry into solar energy generation in Brazil. We acquired a majority interest of 70% in two greenfield solar projects from Canadian Solar - Marangatu, located in the city of Brasileira (Piauí), with a capacity of 446 MW, and Panati-Sitiá, to be installed in Jaguaretama (Ceará), with an estimated capacity of 292 MW. Upwards of R$ 2 billion will be invested in building the plants, which are expected to start operations in 2024. Today, SPIC is the world's largest solar energy generator. In Brazil, the investment in solar projects is a groundbreaking move for the company. The new ventures will add approximately 3% to the installed capacity in Brazil, providing power to more than 900,000 families. In 2022 we structured our technical team to support the new venture, closed contracts with suppliers, service providers and construction firms, met technical, regulatory, environmental and economic requirements and cleared nearly 2,200 hectares of land to kick off the construction work in 2023. For this period, we estimate nearly 4,000 job opportunities (direct and indirect) will be created. Our commitment to personal safety and well-being underpins every step of the process, from planning to execution. We also commenced diagnostics and information gathering in the respective cities in 2022 to prepare our communication planning and community actions, which will be implemented next year. Our new solar investments will add about 3% to the installed capacity in Brazil.

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