Credit Investor Presentation

RWE's credit & financial strength Continued improvement in net debt position and a balanced mix of debt instruments RWE net debt¹ (€ billion) 6.9 Debt split (2022) Commercial paper 5.9 15% 4.4 -0.4 -1.6 2019 2020 2021 2022 H1 2023 By type² 48% 37% Bonds USD Bank 4% debt 96% EUR By currency3 1 Net debt definition excludes financially ring-fenced coal phaseout liabilities and dedicated financial assets. 12 Type of debt does not include collateral for trading activities and miscellaneous other financial liabilities. 1 3 Split based on both senior bonds and hybrid bonds. RWE August 2023 Credit Investor Presentation Page 22

View entire presentation