Colbun Sa · BCS:COLBUN

Colbun Sa — Q2 2022 Earnings Presentation

29 slides from Colbun Sa's earnings presentation, 2022

  1. Slide 1: LTTILLIT ILL LT hob ete LL TPE EL

    LTTILLIT ILL LT hob ete LL TPE EL Sa =

  2. Slide 2: Content

    CONTENT -+| KEY FINANCIAL FIGURES --| COMPANY OVERVIEW -? MARKETCONDITIONS *1 REGULATORY FRAMEWORK _| --| PIPELINE OF PROJECTS Ccolbun 16

  3. Slide 3: Content

    ONTENT C =) KEY FINANCIAL FIGURES -| COMPANY OVERVIEW -1 MARKET CONDITIONS Cr ) REGULATORY FRAMEWORK __, -*1 PIPELINE OF PROJECTS Ccolbun 16

  4. Slide 4: EBITDA 5% higher than 2Q21

    @ COMPANY OVERVIEW /2Q22 RESULTS colbun EBITDA 5% higher than.2Q21 fi EBITDA (USD mm) FAM ction (GWh) OGx Chile Gx Peru @Tx Chile 2921 @2Q22 @ 1564 1 130+17 53 1.155 1.207] 41.001 th — (il 745 653 | 153 Px) 45 2 115 131 —_ 2h Hudro Coal Gas Diesel VRE +357 +108 +205 2021 2922 GWh GWh GWh F tuysiea s

  5. Slide 5: Key Financial Figures

    @ KEY FINANCIAL FIGURES | colbun 1. EBITDA & EBITDA MG. (us¢ million & %) 2. NET INCOME (uss million) CSIEBITDA Chile GEQEBITDA Fenix —*—EBITDA Mg 642 540 ana 47% 51% 29 40% airs ——— + 31% 2 202 648 627 617 ay 450 430 89 2018 2019 2020 2021 2022 LTM 2018 2019 2020 2021 2Q22LTM 3. DEBT & NET DEBT. (u

  6. Slide 6: Key Financial Figures

    @ KEY FINANCIAL FIGURES | G colbun Pe: CASH POSITION (uss million) 2. CAPEX (uss million) 254 273 108 113 88 788 797 967 41 990 2018 2019 2020 2021 2Q22 2018 2019 2020 2021 2022 LTM 15 Note: All figures as of Jun22

  7. Slide 7: Prudent financial management

    Prudent financial management

  8. Slide 8: Content

    =x — - | KEY FINANCIAL FIGURES — ; % COMPANY OVERVIEW -{ MARKET CONDITIONS A REGULATORY FRAME --{ PIPELINE OF PROJECTS <| oy? °° Fee S Ccolbun

  9. Slide 9: Leading position in Chile & Peru

    Leading position in Chile & Peru • • •

  10. Slide 10: Leading position in Chile & Peru

    Leading position in Chile & Peru TOTAL ASSETS US$990mm

  11. Slide 11: Summary

    Summary Develop a project portfolio that has the potential to add 4,000 MW capacity by 2030 and to operate in the lower quartile of the industry’s cost curve Focus on unregulated clients with an attractive value proposition

  12. Slide 12: Market Conditions

    a MARKET CONDITIONS CONTENT

  13. Slide 13: Markets Update

    @ MARKET CONDITIONS Markets Update SEN 32 cw +14.1% y/y Co LTM GENERATION DEMAND GROWTH MARGINAL COST GWh 12 months average % US$/MWh 6% 180 189 | pHydro ae = Alto Jahuel OCoal 4% 5% 120 Gas and inc 3% 90 Diesel aa 60 BWind 3 30 WSolar SEES sSESEETSE Others % “—< a SS ae r a | SSS 10% 35 ‘Santa Rosa

  14. Slide 14: Cost efficient & diversified asset base

    Cost efficient & diversified asset base

  15. Slide 15: Cost efficient & diversified asset base

    Cost efficient & diversified asset base 220 MW 662 MW 249 MW 324 MW 172 MW 1,627 MW +181% -4%

  16. Slide 16: Delivery of focused value added services

    @ MARKET CONDITIONS Delivery of focused value added services We are serving an increasing number of costumers Expanded delivery of value- €Colbun 5 19 «#19 19 19 19 added services by S one. @ e @ -e@ acquiring Efizity renovable 2016 2017 2018 2019 : 2020 Waa : 5 : : : a is Camanchaca = Saeeee , ~ Po

  17. Slide 17: Content

    --/ KEY FINANCIAL FIGURES y *| COMPANY OVERVIEW y Z | MARKETCONDITIONS — vy REGULATORY FRAMEWORK) 7 */ PIPELINE OF PROJECTS | 12

  18. Slide 18: Recent developments in Chile

    Recent developments in Chile

  19. Slide 19: Content

    CONTEND ; Ya «(COMPANY OVERVIEW = -- MARKET COND IONS : of REGULATORY FRAMEWORK PIPELINE OF PROJECTS Ccolbun 12

  20. Slide 20: Attractive portfolio of growth options

    Attractive portfolio of growth options

  21. Slide 21: Horizonte

    @ PIPELINE OF PROJECTS / C colbun Horizonte

  22. Slide 22: Horizonte

    Horizonte

  23. Slide 23: Diego de Almagro

    PIPELINE OF PROJECTS _/ C colbun Diego de Almagro

  24. Slide 24: Diego de Almagro

    @ PIPELINE OF PROJECTS / C colbun Diego de Almagro

  25. Slide 25: Disclaimer & Contact Information

    @ DISCLAIMER & CONTACT INF INVESTOR RELATIONS TEAM CONTACT Miguel Alarcén Isidora Zaldivar malarcon@colbun.cl izaldivar@colbun.cl + 56 2 2460 4394 +56 2 2460 4308 27

  26. Slide 26: Appendix

  27. Slide 27: Recent developments in Chile

    Recent developments in Chile

  28. Slide 28: Recent developments in Chile

    Recent developments in Chile

  29. Slide 29: Recent developments in Chile

    Recent developments in Chile

Colbún — Q2 2022 Earnings Presentation on 6ix