TAQA Business Overview H1 2023

Acquisition of Sustainable Water Solutions Holding Co. (SWS) TAQA'S RAB to increase by ~20% upon completion Highly accretive transaction demonstrates management's focus on value creation in any M&A transaction Entry into wastewater networks and treatment business through planned AED 1.7 billion acquisition of Sustainable Water Solutions Holding Company (SWS) Definitive agreement signed. Working towards completion of transaction 50% consideration to be paid upon completion and 50% one year after completion. An additional payment will also be made in 2024 linked to net profit generated during 2023 Acquisition cements TAQA's position as Abu Dhabi's fully integrated utilities company. Network of sewer pipelines extending to over 12,000 km Sewage treatment capacity of approximately 1.3 million cubic meters per day Addition of wastewater collection, treatment, and reuse capabilities in Abu Dhabi to further strengthen TAQA's ability to support UAE's net zero ambitions • AED 16bn addition to TAQA's existing RAB of AED 77.5bn (~20% increase) Return on new assets to be regulated by RC2 Lי\סיו 12

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