Renewable Energy, On Tap

Genex 0% % of power generation 10% 2022 20% 2023 80% 70% 60% 50% 40% 30% 2024 Renewable energy growth. The need for storage 90% Generation capacity forecast for NEM Renewable energy is expected to increase to 83% of NEM total power supply in 2055 2025 2026 2027 2028 2029 2030 2031 2032 2033 Renewable Energy, On Tap | Investor Presentation 2034 2035 2036 2037 2038 2039 2040 2041 Solar Wind Coal 2042 2043 07ליל 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 Source: based Genex estimates (2021) Growing penetration of renewable generation underpins the business case for storage $ Large-scale storage will maximise renewable energy availability (particularly solar) 7 +4

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