Rwe Ag · XETR:RWE

Rwe — Investor Day (June 2016)

96 slides from Rwe's investor day presentation, Jun 30, 2016

1. Slide 1: RWE AG Capital Market Day

   RWE AG CAPITAL MARKET DAY Introducing innogy Glaziers Hall, London, UK 30 June 2016

2. Slide 2: Notice

   No:ce This document and the information contained herein are for information purposes only and do not constitute a prospectus or an offer to sell or a solicitation of an offer to buy any securities in the United States. Any securities referred to herein have not been and will not be registered under

3. Slide 3: Status of the envisaged innogy IPO

   Status of the envisaged innogy IPO Target structure Key milestones Achieved innogy ü– December 2015: Supervisory Board approval RWE AG shareholders shareholders ü– March 2016: Nomina:on of management team 100% ü– 1 April 2016: Opera:onal start RWE AG Conventional ~10% Today Supply & power generat

4. Slide 4: Innogy

   O 0 Innogy

5. Slide 5: Introducing innogy — blueprint for the utility of the future

   O Introducing innogy — blueprint for the utility of the future innogy Grid & Infrastructure Renewables Retail Capital Market Day - 30 June 2016 page 1

6. Slide 6: Today's presenters

   fe) Today’s presenters innogy Bernhard Giinther Peter Terium Chief Executive Officer Chief Financial Officer Martin Herrmann OD Hildegard Miller Hans Bunting 2 COO Grid & Infrastructure COO Retail COO Renewables Capital Market Day - 30 June 2016 page 2

7. Slide 7: Agenda

   Agenda O Innogy Introducing innogy Markets & Strategy Financial Highlights Grid & Infrastructure Retail Renewables Wrap-up

8. Slide 8: Introducing innogy

   Introducing innogy

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13. Slide 13: innogy offers a compelling value proposition

    Introducing innogy O innogy offers a compelling value proposition innogy Unique European asset base Stable business Capitalise on evolving Resilient energy system financial profile Focus on Platform for value creation growth Capital Market Day - 30 June 2016 page 9

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21. Slide 21: Our key investment principles to safeguard shareholder value

    Introducing innogy © Our key investment principles to safeguard shareholder value Majority of Capex into regulated business Focus on growth opportunities in core markets Strict investment framework with conservative hurdle rates Flexible capital allocation approach: competing projects across segment

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24. Slide 24: Markets & Strategy

    Markets & Strategy

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28. Slide 28: Electric vehicles, decentralised generation

    " Electric vehicles ‘Prosumer’1 Data stream. Decentralised Energy stream. generation Electric devices Energy storage % + * !'$ &$%) &(

29. Slide 29: innogy has the ingredients to be the utility of the future

    Markets & Strategy O innogy has the ingredients to be the utility of the future innogy Grid & Infrastructure Renewables Retail Capital Market Day - 30 June 2016 page 25

30. Slide 30: We aspire to actively drive the transformation of our sector

    Markets & Strategy O We aspire to actively drive the transformation of our sector innogy ‘Shape the way ‘Champion the people interact with advancement energy Strategi c of clean energy’ aspiration CUSTOMERS ASSETS ‘Develop the skills for tomorrow’s energy system’ CULTURE Capital Market Day - 30 June

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33. Slide 33: Innovation

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35. Slide 35: Financial Highlights

    Financial Highlights

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45. Slide 45: innogy to achieve independent access to funding

    Financial Highlights innogy to achieve independent access to funding Overarching goal: standalone access to debt capital markets All senior financial debt to be moved to innogy Hybrids will stay with RWE AG Ambition for an independent rating for innogy as soon as possible Capital Market Day - 30 Jun

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48. Slide 48: Grid & Infrastructure

    Grid & Infrastructure

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56. Slide 56: Smart Operator

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72. Slide 72: State-of-the-art electric charging solutions

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74. Slide 74: Renewables

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86. Slide 86: Wrap-up

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87. Slide 87: innogy offers a compelling value proposition

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88. Slide 88: Appendix

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96. Slide 96: Innogy

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