Alternus Energy SPAC Presentation Deck

6 LIFETIME COMMITMENT TO ENVIRONMENTAL, SOCIAL & GOVERNANCE RESPONSIBILITES POSITIVE DIRECT ENVIRONMENTAL IMPACT¹ $RAR CO2 101,900 MWH of clean energy produced² 54,278,000 kilograms equivalent of carbon dioxide avoidance² 2 million trees Equivalent to the carbon sequestered annually³ 24,270 Equivalent homes in powered annually4 POSITIVE DIRECT SOCIAL IMPACT The Alternus Sustainable Arts Initiative was established in 2022 as a tangible application of Alternus Energy's sustainability policy in addition to our work in the renewable sector. Alternus Sustainable Arts Initiative The Initiative was established to foster sustainability in the arts by supporting artists and providing them with a platform to share their work and create value for their art. Artists are tasked with creating art with recycled or repurposed materials. Alternus signed an initial 3-year partnership with NCAD National College of Art and Design in Ireland. Winning artists receive a financial reward, and all artwork is displayed on the initiative's website. The physical artwork is displayed in Alternus Energy's offices and partner offices around the world. See the winning artwork from year one here at https://alternussustainablearts.com Alternus Energy is committed to supporting the ongoing sustainability of artists in our communities through continuous expansion of the Artistic disciplines that it funds internationally. Alternus Overview GOVERNANCE Majority of Independent Directors with diverse perspectives and expertise Board committees comprised only by independent members to protes Only one class of shares. No special rights. SHARED FUTURE OUR 21 Notes: (1) Based on FY 2021 energy production. (2) Alternus uses Meteocontrol Performance Monitoring System to track production from our solar parks. Country-specific electricity grid greenhouse gas emission factors are used alongside production data to calculate the avoided carbon emissions. (3) the average annual carbon offset of 26.635 kg Co2 per tree (Encon) is used to calculate the number of trees required to avoid that level of carbon. (4) The average annual demand for Irish households (4.200 kWh) (Bonkersie) is used to calculate the number of homes powered.

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