Investor Presentaiton

Uruguay has been widely recognized for the transformation of its energy matrix over the past decade away from fossil fuels, and is often referred to as a global “Green Energy Leader" Electricity generation by wind energy (In % of total) Electricity generation by source (In % of total, year 2019) 35 30 50 25 20 15 10 5 0 2007 2009 2011 2013 2015 2017 2019 Fossil Fuel 2% Biomass 15% Solar 3% • Wind 30% Hidroelectric 50% Uruguay is 4th in the world in wind and solar generation, and 1st in Latin America Source: National Energetic Preliminary Balance 2019, Ministry of Industry, Energy and Mining; The International Energy Agency 29 29

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