Investor Presentaiton

Capacity GWh 2-STRATEGY AND OPERATIONAL TARGETS - STORAGE CAPEX Early stage MW's Advanced development MW's MW's Backlog Total Total MW's MWh's Chile 809 180 79 1,068 5,342 Total LatAM 809 180 79 1,068 5,342 Spain 317 50 367 1,449 Italy 74 74 165 ★ UK 144 144 368 Total Europe 535 50 584 1,982 USA 94 94 374 Total USA 94 94 374 Total 1,437 230 79 1,668 7,699 Project Number 32 7 5 39 39 800 700 600 500 400 300 200 100 0 Energy Storage Annual Capacity Additions, GWh 2013 2014 2015 CAGR 66% 2016 2017 2018 2019 2020 2021 CAGR 31% 2022 2023 2024 2025 2026 2027 2028 2029 2030 Source: BNEF, Wood Mackenzie. PIPELINE 7.7 GWh Chile: Main market in Latam. Big differences between solar and non-solar prices will be the key driver Spain: Potentially most significant BESS market in Europe due to RES penetration Storage Highlights Large increase in the scale and number of Storage projects. ⚫ RE penetration is growing and the power grids of each country have increasing stabilization requirements. • • Increase in demand for EV materials (EV demands NMC more than LFP) with batteries (BEV). CAPEX is experiencing a rise not foreseen by organizations such as LAZARD, NREL, etc. Deflation expected after 2023. Explained by mining projects which are already being launched worldwide, that will increase the supply of lithium. 17 Grenergy renovables

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