Rwe Ag · XETR:RWE
Rwe — Investor Presentation (July 2023)
34 slides from Rwe's investor presentation, July 2023
Slide 1: A leading player for clean energy: RWE in the Americas
A leading player for clean energy RWE in the Americas
Slide 2: For 125 years, RWE has been passionate about generating electricity
For 125 years, RWE has been passionate about generating electricity. Now, RWE is shaping the new energy era. Lignite is the key to affordable electricity. Powering the economic RWE commissions North Commissioning 1914 miracle. Hoyle in the UK – one of the of RWE’s first 1950s world’s first commercia
Slide 3: RWE's purpose: Growing Green
RWE’s purpose Growing Green 07/2023 RWE in the Americas Page 3
Slide 4: RWE is one of the largest global players in renewables
RWE is one of the largest global players in renewables. No. No. No. No. No. U.S. U.S. Global UK Europe Solar Solar & Wind Offshore Wind & Solar Wind & Solar 03/2023 07/2023 RWE in the Americas Page 4
Slide 5: Location videos
Location videos 07/2023 Page 5
Slide 6: Our core business is leading the way to a green energy world
Our core business is leading the way to a green energy world. Offshore Onshore Battery storage & Hydrogen Energy trading & wind wind/solar flexible customer generation solutions Strongest growth in Inflation Reduction Act Inflation Reduction Act Hydrogen is quickly Decarbonization Europe and U.S. an
Slide 7: We are leading the way to a sustainable future
We are leading the way to a sustainable future. Society Customers Employees Shareholders We are shaping We supply green We offer a highly We create the energy transition energy solutions attractive & international shareholder value and will be and support the working environment, by delivering net z
Slide 8: We are driving forward the climate-neutral transformation of industry and society
We are driving forward the climate-neutral transformation of industry and society. More than More than bn euros gross will gigawatts be invested in of green net powerful, green capacity by generation 2030. capacity by 2030. 07/2023 RWE in the Americas Page 8
Slide 9: The U.S. is a major boost for RWE's green expansion
The U.S. is a major boost for RWE’s green expansion and is one of the most attractive and fastest growing markets for renewable energy. 07/2023 RWE in the Americas Page 9
Slide 10: RWE in the Americas at a glance
RWE in the Americas at a glance ~1500 +24 GW 8 GW operating asset base development pipeline for ~3.9 GW onshore wind, solar and batteries secured offshore wind Employees in development capacities * the U.S. *pro rata RWE Page 10
Slide 11: A driving force behind the energy transition
A driving force behind the energy transition – with a powerful organization in the U.S. OPERATING BUSINESS Onshore wind, Offshore Energy trading & solar and storage Wind customer solutions 07/2023 RWE in the Americas Page 11
Slide 12: The U.S. renewables market has strong growth and an attractive investment framework
The U.S. renewables market has strong growth and an attractive, stable investment framework Strong push to re-industrialise U.S. economy leads to significant growth in energy demand Maximum drive to build out green technologies Inflation Reduction Act offers an attractive, stable, long-term investme
Slide 13: Our integrated business along the entire project value chain
Our integrated business along the entire project value chain allows maximum value to be captured Origination & Engineering & Construction Commercialisation Operation Development Procurement Proven greenfield Global engineering Management and Ability to ensure Experienced self- and brownfield backbon
Slide 14: We are ideally positioned for the hydrogen economy
We are ideally positioned for the hydrogen economy Strong expertise along the value chain RWE’s global hydrogen development pipeline 10 GW Green H2 Customer pro rata production solutions Mostly early-stage development projects Renewable energy Logistics (storage & transport) +2 GW RWE by 2030 Page 1
Slide 15: RWE: An attractive employer for around 19,000 employees
RWE: An attractive employer for around 19,000 employees – in the United States, Europe and the world. Our energy has impact Diversity Local activities RWE is the source of energy for millions of There should be no barrier to At RWE, putting social responsibility into people across the globe. Now we
Slide 16: Shaping the future of onshore wind, solar and battery storage
Shaping the future of onshore wind, solar and battery storage RWE Clean Energy 07/2023 RWE in the Americas
Slide 17: RWE Clean Energy emerged from the combination of two strong companies
RWE Clean Energy emerged from the combination of two strong companies RWE Clean Energy Renewables Americas RWE’s U.S. portfolio significantly stepped up through combination CEB Solar Onshore Wind Solar Wind 7% 92% Batteries 92% 7% 1% 4.9 ~8 GW GW RWE RWE US Batteries 1% 07/2023 RWE in the Americas N
Slide 18: RWE Clean Energy's attractive renewables platform
RWE Clean Energy’s attractive renewables platform 62% 37% 1% onshore wind solar batteries GW ~1,500 experts with impressive track records in the design, development, building and operation of projects Batteries 1% 07/2023 RWE in the Americas Note: Figures as of 31 Dec 2022. Page 18
Slide 19: Highlights of operational assets
Highlights of Blackjack Creek West of the Pecos Fifth Standard operational assets 240 MW 100 MW 150 MW + COD: 2023 Copper Mountain Texas Waves - Scioto Ridge Energy Park Pyron Cassadaga Fifth Standard 2x ~8 250 MW 807 MW 125 MW 137 MW 9.9 MW + COD: 2023 Panther Creek Texas Waves - Upton County Hicko
Slide 20: The RWE Clean Energy business will accelerate growth in North America
The RWE Clean Energy business will Well-balanced accelerate growth in North America 2030 green portfolio2 Flexible Offshore Onshore Wind Generation/ by technology wind 15% Massive >24 GW 25% Hydrogen 35% increase in 24.5 > 50 20% Onshore development RWE Clean Energy GW development pipeline Solar GW
Slide 21: Footprint will be diversified across technologies and offtake options
Footprint will be diversified across technologies and offtake options The future portfolio will be … power plant …and various diversified across technologies … scale … offtake options Onshore wind Utility-scale projects • Development of projects, tapping into a wide range of offtake options ranging
Slide 22: Execution of our mission
Execution of our mission Core Competitive Value chain Portfolio Future advantage coverage development markets Our strategic core is in Our people are the core We build a development- We diversify across We proactively explore U.S. renewables, of our competitive led growth engine and markets and oppo
Slide 23: RWE Clean Energy Vision
RWE Clean Energy Vision Preeminent Employer Strong clean of growth energy player choice ambition We are striving to We are one of the best We intend to take a become a top-3 places to work, leadership position in the developer and operator boasting an U.S. clean energy of onshore wind, solar entrepr
Slide 24: RWE Clean Energy Executive Management Team
RWE Clean Energy Executive Management Team Mark Noyes Ingmar Ritzenhofen Andrew Flanagan Akshaya Bhargava Chief Executive Officer Chief Financial Officer Chief Development Officer Chief Operating Officer (CEO) (CFO) (CDO) (COO) 07/2023 RWE in the Americas Page 24
Slide 25: Increasing RWE's footprint in the U.S. offshore wind market
Increasing RWE’s footprint in the U.S. offshore wind market RWE Offshore Wind 07/2023 RWE in the Americas
Slide 26: We are #2 in offshore wind globally
We are #2 in offshore wind globally with vast experience in the business … in a market with enormous Very well positioned … investment opportunities Markets with RWE development activities Markets with operating RWE assets More than 20 years in the offshore business 19 offshore wind farms in operati
Slide 27: RWE is at the forefront of technological innovation
RWE is at the forefront of technological innovation Our offshore innovation projects support … and go beyond conventional applications our sustainability strategy … Recyclable blades Offshore hydrogen We are testing the world’s We are part of the Aqua project first recyclable wind family driving the
Slide 28: RWE has established a leading offshore wind platform in the U.S.
RWE has established a leading offshore wind platform in the U.S. ~3.9 gigawatts* of seabed lease capacity lies on both the East and West Coasts 01 02 California New York Bight • Approximately 1.6 GW – enough to • Approximately 3.2 GW (RWE share 2.3 power 640,000 U.S. homes with GW) – enough to power
Slide 29: Passionate energy experts with a strong global presence
Passionate energy experts with a strong global presence RWE Supply & Trading 07/2023 RWE in the Americas
Slide 30: Global network with offices in Europe, Asia and North America
Global network with offices in Europe, Asia and North America Learn more London Geertruidenberg Swindon Essen New York Prague Beijing Tokyo We are a passionate team that creates value Mumbai Shanghai in global commodity Singapore markets. Jakarta 07/2023 RWE in the Americas Page 30
Slide 31: Our strong commercial platform
Our strong commercial platform Clearly organised in 3 core business areas Trading & Commercial Asset Energy Supply Origination Optimisation & Services • Interface wholesale energy • Optimisation of physical • Management and markets all over the world – and contractual power optimisation of the Group
Slide 32: Keep up to date. Follow us
Keep up to date. Follow us: Twitter Youtube LinkedIn RWE Group website RWE Americas website 07/2023 RWE in the Americas Page 32
Slide 33: Thank you
RWE Thank you. \ Ons WStesaasate este antan Y NO Ww Nott \ ) SS
Slide 34: Please note
Please note: This document contains statements that are In particular, these factors include changes in oriented towards the future. They reflect the general economic and competitor situations. current opinions, expectations and assumptions Other factors may also impact the Group’s future of managem