Chile California Council Vic Shao Founder Chairman 10312020

Chile California Council Vic Shao Founder & Chairman 10/31/2020 engiestorage. com

A Global and Diversified Footprint € 66. 6 billion ACTIVITIES IN 70 COUNTRIES OF REVENUES IN 2016 4, 350 emp. 2016 rev. : € 4. 7 billion 11. 7 GW installed** 153, 090 EMPLOYEES ACCROSS THE WORLD 112. 7 GW OF INSTALLED POWER PRODUCTION CAPACITY 133, 770 emp. 2016 rev. : € 52. 7 billion 44. 7 GW installed** 3, 130 emp. 2016 rev. : € 2. 9 billion 7. 5 GW installed** 1, 380 emp. 2016 rev. : € 0. 5 billion Asia 26. 3 GW installed** Europe*** North America Middle East 6, 235 emp. 2016 rev. : € 3. 9 billion 17. 2 GW installed** Latin America 400 emp. 2016 rev. : € 0. 3 billion 1. 4 GW installed** Africa ¨* Figures as of 31 December 2016 ** Installed capacity at 100% *** Including Turquey **** Including Mexico engiestorage. com 3, 825 emp. 2016 rev. : € 1. 6 billion 3. 9 GW installed** Oceania 2

ENGIE Storage • In Business over 150 years • #1 ranked BESS provider by Navigant • $150 billion in energy assets • Over 100 energy storage projects (60+ MWh) • Largest independent power producer • Extensive operating track record (6+ years) • Largest provider of energy services • HQ in Silicon Valley, California engiestorage. com 3

Energy Storage Benefits on both sides of the meter are fueling the growth in distributed energy storage adoption. Front-of-Meter Benefits Behind-the-Meter Benefits Wholesale Ancillary Services Peak Shaving Wholesale Capacity Services Energy Arbitrage Distribution Upgrade Deferral Reliability / Microgrid Voltage Regulation Renewable Integration Renewable Energy Firming Demand Response Generation / Load Shifting Frequency engiestorage. com 4

End-to-End Storage Project Developer DESIGN Feeder assessment to determine optimal, geospecific ESS placement engiestorage. com QUALIFY 30, 000+ ESS site assessments conducted FINANCE BUILD Pioneered PEATM, leading financing structure in C&I space Multi-vendor system integration OPERATE Field-proven Grid. Synergy platform with Net. Ops Engineers 5

Hundreds of Operating Systems engiestorage. com 6

Deployments LARGE SCALE DEPLOYMENTS THROUGHOUT THE U. S. engiestorage. com 7

Distributed Energy Storage engiestorage. com 8

Behind the Meter: Value Creation Energy Arbitrage ($/k. Wh) Flatten spikes in usage to reduce fees associated with rate of energy use (demand charges) Charge at night when energy is cheap and discharge during the day when energy is expensive k. W 60 k. Wh k. W 60 k. Wh Time State of Charge Peak Demand Shaving ($/k. W) Time Rate Optimization Demand Response Lower max demand below a certain level to qualify for a cheaper rate plan Automatically respond to utility requests for use of battery and generate revenues k. W $$ $ engiestorage. com ! Utility Request Discharge Battery $ Revenues Generated 9

Typical Charges A utility bill typically consists of three types of charges. 1000 Demand Charge ($/k. W) 900 800 Fixed Charge ($) Energy Charge ($/k. Wh) • Represents the cost of generating energy • Monthly charge for sum of k. Wh’s consumed from the grid 700 Demand Charge ($/k. W) • Represents the cost of the grid • Monthly charge for highest 15 -min k. W grid offtake 600 500 Energy Charge (cents/k. Wh) 400 engiestorage. com 04 7 42 3 33 33. 8 46 42 0 46 . 4 16 66 66 66 7 300 Fixed Charge ($) • Represents the administrative cost to serve a customer • Monthly fixed charge 10

Shaping Load Intelligent energy storage is best used as a tool for shaping load by regulating draw from the grid. Storage Charge Storage Discharge Building Load Peak Shaved Post Storage Peak shaving is a common load shaping service for… • Demand charge reduction • Rate optimization engiestorage. com 04 7 42 . 8 46 42 0 46 . 4 33 33 16 66 33 33 66 66 3 7 Advanced control software is needed to… • Respond to real-time conditions • Forecast load to prepare batteries 11

Ideal Conditions Solar and storage work together to lower a customer’s monthly electric bill by addressing energy and demand charges. 800 With Solar 800 600 400 400 200 200 0 tt m m : m -200 13 5. 49 -200 H 99 99 tt 600 With Solar & Storage : m Original Load Profile H 800 -400 -600 -800 42 -400 Original Load • Consumes 10 MWh from the grid • Has a peak load of 625 k. W engiestorage. com Solar Production Original Load • Net consumption is wiped out • Peak load is reduced to 450 k. W Post Solar Storage Charge Solar Production Post Solar Storage Discharge Original Load Post Storage • Net consumption stays the same • Peak load is further reduced to 250 k. W 12

Productive Projects Today & Tomorrow A solar plus storage project can deliver more value by addressing more variables inside a familiar contract structure. Savings and Bill Contributions Illustrative Example – Avg. Yearly Bill Millions Dual technology projects better manage: • Energy (k. Wh) • Demand (k. W) Utility Bill $ 1. 4 Savings Solar PPA Storage PPA $ 1. 2 Controlling for these variables allows solar providers to: • Build more lucrative projects • Reduce project risk associated with changing rates and time of use charges • Offer customers more savings Advanced energy storage providers can guarantee performance so value can be added into existing contract structures. 0. 3 $ 1. 0 0. 2 0. 3 0. 8 $ 0. 8 0. 1 1. 3 $ 0. 6 0. 3 $ 0. 4 0. 7 $ 0. 2 0. 4 $- Previous Bill engiestorage. com Solar Savings Solar Only Bill Storage Savings Final bill 13

Multiple Revenue Streams Peak Shaving Demand Response Our optimization algorithm delivers multiple services to host customers and the grid. Solar Firming Common services performed: • Peak shaving & solar firming • Rate optimization • Energy arbitrage • Demand response engiestorage. com 14

Case Study: BTM High School engiestorage. com 15

Kaiser Permanente Case Study • • Kaiser Permanente Healthcare One of the largest Healthcare provider in the US Over 1, 000 hospitals and smaller facilities GCN was awarded CA facilities in 2017 • Phase 1 7 Locations 6. 2 MW/12. 5 MWh of ESS • Average savings per site was $112, 000 per year • Peak demand reduction, arbitrage and Demand Response services • Paired with solar and Fuel Cells • Over $8 USD in savings over the 10 year term • Working on larger Phase 2 project engiestorage. com 16

Case Study: Holyoke Gas and Electric Challenges • Keep consumer energy prices low by reducing monthly and annual coincidental peak demand charges ENGIE Storage Solutions • Design, finance, supply, and installation of a 3 MW/6 MWh batterybased energy storage system to work with a utility-scale solar PV system engiestorage. com • Integration of energy storage command control interface into HG&E’s asset control and monitoring system • 20 -year commitment to operate and maintain the Battery Energy Storage System (BESS) • Ability to leverage solar installation and claim federal investment tax credit (ITC) • Performance guarantees that minimize capacity-price risk 17

Q&A engiestorage. com 18