Key Investment Highlights

Key Investment Highlights - cont. Focusing in the T&D segments IEC will focus its activity in the Transmission and Distribution segments and will reduce its share in the generation segment Preparing the ground for renewables חברת החשמל Israel Electric Stable CAPEX in the T&D segments during the coming years in order to enable renewable energy absorption and to achieve the 2030 Ministry of Energy target on renewables Growing attention to ESG aspects Especially in the environmental aspect (conversion of coal units to natural gas), the social aspect (diversity & inclusion) and the governance aspect (deepening corporate governance) Committed to Deleveraging Board and management are committed to deleveraging and are aiming to gradually decrease the ratio of total debt to total assets to 65% by 2025 Investor Relations 10

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