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Investor Presentation

ENERGY & CLIMATE TECHNOLOGIES STRATEGY & ROADMAP The first solar investment in Texas has been initiated, and the second solar investment has also started, leveraging the know-how acquired during the initial solar project 272 MW Cutlass II Solar Power Plant Project Project Acquisition: October'22 EPC Agreement with Bechtel: October'22 Construction Start (FNTP(1) to Bechtel): January'23 Power Purchase Agreement with a Reputable Off-Taker: January 23 Project Finance with Reputable Banks: January'23 Tax Equity Closing: October'23 Commercial Operation Date: Mid-April'24 232 MW Oriana Solar Power Plant Project with 60 MW Storage Close to the major load centers of Houston and Corpus Christi, anticipated centers of future green fuel investment, as well as the increasing LNG related load Shovel-ready project with low execution risk; developed by an experienced and reputable Project Firm (1)Final Notice to Proceed Solid Business Model for the Execution Project Acquisition: October'23 EPC Agreement: October'23 Construction Start (FNTP): Q1'24 Commercial Operation Date: Q2'25 Opportunity to invest in battery storage project in the future 21 SABANCI
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