Advent Investor Day Presentation Deck

Green HiPo ADVENT CUMULATIVE INSTALLED CAPACITY (GW) Rapid Growth in Solar PV 9000 8000 7000 6000 5000 4000 3000 2000 1000 43% CAGR 2000-18 2000 2002 2004 2006 2008 Historical Projections 480 (2018) 8.9% CAGR 2019-50 2,840 (2030) 2010 2012 2014 2016 2018 2020 2022 2024 2026 2028 Installations to 2050 8,519 (2050) Installations to 2050 The global installed capacity of solar PV could rise six-fold by 2030 (2,840GW) and is forecast reach 8,519GW by 2050 compared to installations in 2018 (480 GW). ✓ This represents a CAGR of nearly 9% up to 2050. ✓ Green hydrogen produced from solar PV/electrolyser combination is a significant opportunity. Source: FUTURE OF SOLAR PHOTOVOLTAIC, IRENA 5

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