Financial Results

1H2021

Parque Eólico de Alto da Croa

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Financial Results 1H2021

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Ongoing Projects & Pipeline

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Sustainability & ESG

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TABLE OF

CONTENTS

Galician Coast

Disclaimer

The information contained in this presentation has been prepared by Greenalia, S.A. (hereinafter "Greenalia").

Under the provisions of article 17 of Regulation (UE) No. 596/2014 on market abuse and in article 228 of the revised text of the Securities Market Law, approved by Royal Legislative Decree 4/2015, of 23 October, and related provisions, as well as in Circular 03/2020 of the BME MTF Equity, hereby Greenalia, SA (the "Company" or "Greenalia") puts in its I know the following information, prepared under the exclusive responsibility of the issuer and its administrators.

The following report document aims to (i) present the company's 1H2021 Financial Results, and (ii) make a brief introduction about the Company.

Parque Eólico de Ourol (Lugo)

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01 FINANCIAL RESULTS

1H2021

Ourol Wind Farm (22,5MW)

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Main

Milestones

1H2021

Launch of new projects

Consolidation of the

business model

Develop&Own

125MW in operation (*FV EQ. 575MW).

  • Higher performance and continuous improvement of those it was already in operation.
  • Commissioning of 5 wind farms: 2 in operation (46.5MW) + 3 in tests (28MW)
    • Projects operated at "full merchant", taking advantage of the high market prices.
  • Biomass Plant + Vertical integration of the group.
    • Biomass supply: 40 own machines of biomass collection in the forest.

Internationalization: entry into USA + diversification

Pipeline +4,12GW

(*FV EQ. 7,82GW)

Value creation for the shareholder +

ESG

EBITDA improvement VS 1H2020

+488%

Acquisition of the MISAE project in the USA (670MWp PV + 170MW storage) in RTB state.

  • Analyzing new development opportunities and acquisition in the USA.

Improvement in all areas: Income (+ 86%), net profit (+ 799%)

Exceeding the objectives established in the COVID PLAN RESILIENCE (157% degree of target fulfillment EBITDA) and estimating to exceed the annual EBITDA objective FY2021

  • € 20M
  • x10 EBITDA during the COVID period
    (1H2019 Vs. 1H2021)
  • x25 EBITDA since IPO (1H2017 Vs.
    1H2021)

Diversification

  • 5 technologies (onshore wind, offshore wind, solar photovoltaic, biomass and storage) and,
  • 2 currencies (€ and $)

EBITDA margin increase / Sales up to 45.2%

We continue with the implementation

of the ESG strategy.

  • Incorporation of ESG to the Board of
    Directors.
  • Launch of the Greenalia Foundation for
    Transition Energetic.

Galician coast

* Eq. FV: EBITDA Equivalent Solar MWs generated over January 21 auctions prices.

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Greenalia SA published this content on 06 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 October 2021 11:55:00 UTC.