Grenergy Renovables S A : Investor Presentations Jun 2022

The sky is the limit

INVESTOR PRESENTATION

- Jun 2022 -

Headquarters in Madrid - Spain

DISCLAIMER

By attending this presentation and/or by accepting this presentation you will be taken to have represented, warranted and undertaken that you have read and agree to comply with the contents of this disclaimer.

The information contained in this presentation ("Presentation") has been prepared by Grenergy Renovables S.A. (the "Company") and has not been independently verified and will not be updated. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein and nothing in this Presentation is, or shall be relied upon as, a promise or representation. Neither the the Company nor any of its employees, officers, directors, advisers, representatives, agents or affiliates shall have any liability whatsoever (in negligence or otherwise, whether direct or indirect, under contract, tort or otherwise) for any loss howsoever arising from any use of this Presentation or its contents or otherwise arising in connection with this Presentation.

This Presentation is for information purposes only and is incomplete without reference to, and should be viewed solely in conjunction with, the Company's publicly available information and, if applicable, the oral briefing provided by the Company. The information and opinions in this presentation are provided as at the date hereof and subject to change without notice. It is not the intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of the Company's finan- cial or trading position or prospects.

This Presentation does not constitute investment, legal, accounting, regulatory, taxation or other advice and does not take into account your investment objectives or legal, accoun- ting, regulatory, taxation or financial situation or particular needs. You are solely responsible for forming your own opinions and conclusions on such matters and for making your own independent assessment of the Company. You are solely responsible for seeking independent professional advice in relation to the Company. No responsibility or liability is accepted by any person for any of the information or for any action taken by you or any of your officers, employees, agents or associates on the basis of such information.

This Presentation contains financial information regarding the businesses and assets of the Company. Such financial information may not have been audited, reviewed or verified by any independent accounting firm. The inclusion of such financial information in this Presentation or any related presentation should not be regarded as a representation or warranty by the Company, its affiliates, advisors or representatives or any other person as to the accuracy or completeness of such information's portrayal of the finan-

cial condition or results of operations by the Company and should not be relied upon when making an investment decision. Certain financial and statistical information in this document has been subject to rounding off adjustments. Accordingly, the sum of certain data may not conform to the expressed total.

Certain statements in this Presentation may be forward-looking. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions which could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These include, among other factors, changing economic, business or other market conditions, changing political conditions and the prospects for growth anticipated by the Company's management. These and other factors could adversely affect the outcome and financial effects of the plans and events described herein. Any forward-looking statements contained in this Presentation and based upon past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

The market and industry data and forecasts that may be included in this Presentation were obtained from internal surveys, estimates, experts and studies, where appropriate as well as external market research, publicly available information and industry publica- tions. The Company, it affiliates, directors, officers, advisors and employees have not independently verified the accuracy of any such market and industry data and forecasts and make no representations or warranties in relation thereto. Such data and forecasts are included herein for information purposes only. Accordingly, undue reliance should not be placed on any of the industry or market data contained in this Presentation.

The distribution of this Presentation in other jurisdictions may be restricted by law and persons into whose possession this presentation comes should inform themselves about and observe any such restrictions.

NEITHER THIS PRESENTATION NOR ANY OF THE INFORMATION CONTAINED HEREIN CONSTITUTES AN OFFER OF PURCHASE, SALE OR EXCHANGE, NOR A REQUEST FOR AN OFFER OF PURCHASE, SALE OR EXCHANGE OF SECURITIES, OR ANY ADVICE OR RECOMMENDATION WITH RESPECT TO SUCH SECURITIES.

The securities of the Company may not be offered or sold in the United States of America except pursuant to an effective registration statement under the Securities Act of 1933 or pursuant to a valid exemption from registration.

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EQUITY STORY & KEY FIGURES

PLATFORM & PIPELINE

OPERATIONAL INFORMATION

STRONG GOVERNANCE STRUCTURE WITH FOCUS ON ESG

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1-A STORY OF GROWTH WITH A PROVEN TRACK RECORD

Evolving into a Multitech & Multicountry IPP

2007	2012	2015				2019	2022

INCEPTION	END FIT2	IPO	LISTING	TODAY
	OPENING CHILE	MAB GROWTH	MAIN STOCK
			First green bond

Technology

Geographical

Presence

Pipeline		300 MW Pipeline		11.5 GW Pipeline
50 MW built		1 GW built

20241

TOMORROW

Europe + newmarkets

LATAM USA

3.5 GW

In Operation target

1 Company target.

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2 Feed In Tariff SPAIN.

1-GRENERGY IN A NUTSHELL

INTEGRATED BUSINESS MODEL, present in the entire value chain

From a purely Solar PV player to a MULTI-TECHNOLOGY IPP (Solar PV, Wind, Storage)

MULTI-REGIONAL player, with strong presence in

EUROPE (Spain, Italy, UK, Poland), USA and LATAM (Chile, Colombia, Mexico, Peru)

Highly clarity 11.5 GW pipeline with dual strategic approach: B2O (build to own) and B2S (build to sell)

Strong ESG focus, TOP ESG PERFORMER 2021 distinction awarded by Sustainalytics to industry leader

SOLID FINANCIAL GROWTH & consistent OUTPERFORMANCE translated

into strong market performance and increased stock liquidity.

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