FY 2021 Results & Outlook

Prof. Dr. Klaus-Dieter Maubach - CEO Tiina Tuomela - CFO

23 February 2022

Highlights & Strategy Update

FY 2021 Results and Outlook

Appendix

Potential impact of Russian-Ukraine conflict on Uniper - Four major risk categories

Commodity markets turbulences

Nord Stream 2

Extreme commodity price movements could lead c.p. to higher margining cash flow and reduce Uniper's liquidity headroom

Liquidity headroom and measures to limit margining impact in place

Sanctioning of Russian companies

Sanctions against business partners of Uniper or Unipro could limit business opportunities

Certain sanctions aimed at Russian finance system could impact cross-border payments

Uniper is continuously monitoring the major risks and mitigation measures

German government has taken steps to put certification/approval process on hold

Uniper is evaluating the situation and potential impact

Interruption of Russian gas supply

Curtailments of physical gas deliveries may require Uniper to source gas in the market at higher prices

Impact depends e.g. on duration and extent of supply interruption, the ability to utilize flexibility in the portfolio and potential regulatory intervention reducing demand side

Public statements on Russian and European sides underline intentions to avoid interruptions

FY 2021 Presentation, 23 February 2022

3

Highlights - A remarkable year for Uniper

Strong earnings in a challenging environment

Commodity business successful in extraordinary markets

Adj. EBIT FY 2021 €1,187m (€998m in FY 2020)

S&P affirmed BBB rating

Dividend proposal of €26m (€0.07 per share)1

Strategy execution accelerated

Coal exit across Europe well-ahead of initial plan

Various growth initiatives pushed forward in the areas of hydrogen & green gases

Increased growth capex going forward

Fortum & Uniper cooperation intensified

Fortum and Uniper Wind & Solar team launched its first 380 MW onshore wind project in Finland

Uniper secures additional liquidity for financial flexibility in volatile markets with Fortum as reliable owner

1. Dividend proposal for the AGM 2022 on May 18, 2022. Payments subject to AGM approval.

FY 2021 Presentation, 23 February 2022

4

Tight gas markets - Security of supply back on the agenda

Europe gas storage levels1 - far from normal

100%

80%

60%

40%

20%

0%

Sep

Oct

Nov

Dec

Jan

Feb

Mar

2021/2022 2020/2021 2019/2020

Uniper's essential role in the European gas market

>50 years of experience and

>350 LNG cargoes

long-lasting relationships

last year

368 TWh of long-term

7.4 billion m³ in gas

contracts

storage capacity

4.7 billion m³ LNG

>1,000 customers

regasification

(municipalities etc.)

1. Physical filling levels as of 19 February 2022, based on AGSI+ data.

FY 2021 Presentation, 23 February 2022

5

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Uniper SE published this content on 23 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 February 2022 06:38:04 UTC.