Energy is in our nature PPC Renewables 1

The Greek Energy market Fuel mix (country level, MW) Fuel mix (PPC, MW) 60% indigenous sources Natural gas: PPC(50%)-Others(50%) 5GW of RES, primarily privately-owned (excl. Large Hydro) Total installed capacity ≈21GW (PPC≈13GW)

Renewables Development in Greece RES Power Production (including large hydro) Renewables Development in Greece PV PV booming Wind Hydro Major fact characterizing Greek RES market: PV boom 2010-13 Wind deployment at relatively constant pace

Solar Wind Renewables potential in Greece Large potential to harvest The role of renewables will be prominent for the years to come Source: IRENA

A snapshot of PPC Renewables profile- Corporate profile PPC Renewables SA, “PPCR” : With 20 wind parks, 17 small hydroelectric stations and 28 small photovoltaic stations, of a total installed capacity of approximately 160 MW, and its investment plan, PPC Renewables has entered the RES field dynamically. By investing in the force of nature and collaborating with the biggest energy groups and manufacturers, it utilises investing opportunities, with the purpose of promoting projects involving the production of clean energy. The company is active in all forms of RES, wind, solar, hydroelectric, geothermal and biomass - biogas, and carries out a strategic plan in order to exceed, within 3 years, the capacity of 500 MW in various projects, by repowering the existing old wind and small hydroelectric plants and expanding its available potential with new projects that involve geothermal and biomass stations.

Financials at a glimpse Production=308 GWh Sales of Energy≈30 m€ hydro 15.4m€ 14.8m€ 0.7m€ 142GWh 164GWh 2GWh

Installed Capacity (MW), 2016 Diversified and geographically distributed portfolio of total capacity of 153 MW Large geographic distribution Drama Thessaloniki Kavala Kilkis Serres Chalkidiki Evros Xanthi Rhodope Viotia Evia Fthiotida Fokida Argolida Korinthia Larissa Magnesia Pieria Lesbos Samos Chios Attiki Cyclades Arcadia Achaea ilia Laconia Messinia Zakinthos Cefalonia Aitoloakarnania Evrytania Corfu Lefkada Arta Thesprotia Ioannina Preveza Karditsa Trikala Grevena Imathia Kastoria Kozani Pella Florina Limnos Dodecanese Lasithi Heraklion Rethymno Chania Installed Capacity (MW), 2016 153 MW 1.3 © © © 20 ©© 0.3 © © © © © 69 © © © © © PV WP islands © WP mainland SHPP islands © © SHPP mainland Wind SHPP PV Operational portfolio © © 20 Wind Farms 17 SHPP 28 PV Plants © ©

CAPEX: Four pipelines of projects with different maturity levels Pipeline 1 - mature projects: It includes 18 projects (14 W/P and 4 SHPP), of total power capacity of 90,48 MW and total CAPEX 113 million EUR. The projects are fully licensed, priced with FiT, all belong 100% to PPCR and all projects are expected to be fully repowered and/or operational by the end of 2019. Pipeline 2 - projects of medium maturity: It includes new projects, wind farms, geothermal and Biomass Combined Heat & Power Plant, expected to be completed up to 2020, of total installed capacity of 244 MW and total CAPEX of 430 mil €. We finalize the licensing procedure for a 200MW pv plant of total CAPEX 160 mil € to be constructed till 2020. Pipeline 3 - projects Joint Ventures : We are negotiating with licensees’ owners in order to participate with 50% to projects in Greece and in neighboring countries (over 300MW as our share) Pipeline 4 - upcoming projects: We have submitted requests for wind park licenses (3,780MW capacity). CAPEX: Four pipelines of projects with different maturity levels

Other forthcoming activities: Sustainable energy solutions in the islands Development of holistic solutions for the Non-Interconnected Island system Hybrid power plants with battery storage + + Net-metering solutions in buildings of the broader public sector (also in the mainland) Desalination plants utilizing Renewables Energy storage and energy efficiency solutions

Energy is in our nature 1