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POWER CHANGE

INTERIM RESULTS AND STRATEGIC UPDATE

17 November 2021

DISCLAIMER

This presentation contains forward-looking statements about financial and operational matters. Because they relate to future events and are subject to future circumstances, these forward-looking statements are subject to risks, uncertainties and other factors. As a result, actual financial results, operational performance and other future developments could differ materially from those envisaged by the forward-looking statements.

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AGENDA

17 November 2021

08:30 Interim Results to 30 September 2021

09:00 Strategic Update - SSE's Net Zero Acceleration Programme

10:00 Q&A

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SAFETY

Interim Results for six months to 30 September 2021

Safety

  • Six more injuries recorded versus same period last year
  • TRIR1 fell from 0.19 to 0.16 compared to the same period last year1

Total recordable injuries

TRIR1

35

0.2

30

0.15

25

20

0.1

15

10

0.05

5

0

0

HY22

HY212

HY22

HY212

  1. Total Recordable Injury Rate - total number of recordable injuries per 100,000 hours worked
  2. HY21 comparator restated to exclude impact of SSE Contracting & Rail and Neos Networks (formerly SSE Telecoms)

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Interim

Net Zero

Strategy

Five Year

Delivery

Summary

Results

Acceleration

Plan

PROGRESS AND DELIVERY OVER LAST SIX MONTHS

Highlights from SSE's net zero-focused electricity infrastructure strategy

Reshaping the Group for net zero

  • Completion of Contracting & Rail and E&P disposals
  • Agreed disposal of entire SGN stake
  • 10GW (gross) development portfolio acquisition in Japan, with selected entry into other international auctions

Delivering on infrastructure projects

  • Construction continuing at pace on Seagreen, Dogger Bank A&B and Viking
  • Keadby 2 first power & East Coast Cluster 'Track 1'
  • Work under way on Shetland HVDC link, progressing additional Needs Case submissions and ED2 plan

Seagreen jackets being prepared for installation

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SSE plc published this content on 17 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2021 08:26:03 UTC.