Slide 1: Company Presentation December 2020
C O M PA N Y P R E S E N TAT I O N December 2020
Slide 2: Disclaimer
Disclaimer Additional information about Central Puerto can be found in the Investor Support section on the website at www.centralpuerto.com. This presentation does not contain all the Company’s financial information. As a result, investors should read this presentation in conjunction with Central Pu
Slide 3: Company Description, Financials, Appendix
COMPANY DESCRIPTION FINANCIALS APPENDIX Adjusted EBITDA Reconciliation Foreign Exchange rate
Slide 4: Central Puerto's value components at a glance
Central Puerto’s value components at a glance After expansion ◼ 4,709 MW of installed capacity projects are completed the Power - 12.5% market share (14.3 TWh generated in 2020) capacity will be: Generation ◼ 100 MW under construction with PPAs 76% legacy units 24% new energy ◼ Receivables under FON
Slide 5: Corporate structure and main financial figures
Corporate structure and main financial figures Central Puerto has a well diversified shareholders' base 63% 23% 8% 4% 2% Local shareholders ADR holders Federal Goverment Neuquén Province Power generation of Central Puerto and its consolidated subsidiaries (Year ended on December 31, 2020)1 Sales2 Ad
Slide 6: Well diversified portfolio of generation assets
Power Well diversified portfolio of generation assets generation Current geographic footprint Power capacity Assets in Assets under FONINVEMEM (MW)4 operation construction Plants 816MW 1 Puerto complex 1,747 - - 2 Piedra del Águila 1,441 - - 3 Luján de Cuyo 576 - - 13 12 10 4 5 4 Brigadier López 281
Slide 7: One of the largest private sector power generators in Argentina
One of the largest private sector power generator in Argentina with a Power generation diversified asset base Private sector power generation market shares (TWh) SADI’s total power generation by private sector companies and market share, January 2020 – December 2020 12.5% 14.3% 10.0% 12.2% 51.1% 58,
Slide 8: High quality assets with strong and stable operational performance
Power High quality assets with strong and stable operational performance generation Assets with high availability… …a strong generation track record… Average availability of thermal units Market average1 Central Puerto2 Power generated (TWh) Thermal Hydro Wind . 17.7 91% 93% 16.5 14.8 14,3 89% 15.5
Slide 9: New projects pipeline
Power New projects pipeline generation Generation assets and projects under construction breakdown by technology (MW) Under construction 2 Renewables 4,709 4,809 100 374 Steam turbines 374 1.069 1.069 Gas turbines 350 641 1.088 CC 1.088 486 95 Co Generation 1.441 1.441 Hydro Current Capacity (+) The
Slide 10: High portion of operating cash flow through long term contracts
2020 break down by source High portion of the operating cash flow through long term contracts and with protection mechanisms EBITDA 2020 contribution by regulatory framework 37% Spot – Energía Base 62% 37% Contracts – Thermal units of 2020 EBITDA Backed by reserve fund financed through Contracts – R
Slide 11: Effects of the Covid-19 and the Quarantine measures
Effects of the Covid-19 and the Quarantine measures Demand fluctuation due to the Quarantine 13.000 1.024 1.200 12.000 1.000 Electric energy 11.000 800 demand was 10.000 600 2.2% lower 9.000 295 400 8.000 136 132 180 142 during the 200 7.000 4Q2020 as -173 - 6.000 -367 -200 compared to 5.000 -472 4Q
Slide 12: Terminal 6 San Lorenzo partial commissioning added 291 MW
Terminal 6 project obtained partial commissioning of its open cycle and Power generation added 291 MW to Central Puerto’s installed capacity 1 Terminal 6 San Lorenzo Awarded power 330 MW (for the winter) Capacity under PPA 317 MW (for the summer) Technology Cogeneration (electricity + steam) Electri
Slide 13: Wind energy portfolio
Power Wind energy portfolio generation Central Puerto’s wind projects1 RenovAr Program Term Market (MATER) 1 La Castellana 2 3 4 La Castellana 5 6 7 La Genoveva Achiras I La Genoveva I Manque Los Olivos I II II Capacity and 100.8 MW 48 MW 88.2 MW 15.2 MW 57 MW 22.8 MW 41.8 MW technology wind farm wi
Slide 14: Largest private player in FONI consortium operating combined cycles
FONI Largest private player in FONI consortium operating combined cycles Receivables and stake in Plants totaling 2,554 MW Assets under the FONINVEMEM program 1 San Martín 2 Manuel Belgrano 3 Vuelta de Obligado Combined cycle Combined cycle Combined cycle Plant 865 MW 873 MW 816 MW overview COD: 201
Slide 15: Company Description, Financials, Appendix
COMPANY DESCRIPTION FINANCIALS APPENDIX Adjusted EBITDA Reconciliation Foreign Exchange rate
Slide 16: Financial position
Financial position Debt Principal as of December 31, 2020 (US$ mm)1 CENTRAL PUERTO SUBSIDIARIES CONSOLIDATED 281 579 298 Weighted average maturity Weighted average maturity 5.4 years Weighted average maturity 1.6 years 3.6 years Proj. Finance Long-Term Debt Debt Principal Amortization Schedule as of
Slide 17: Company Description, Financials, Appendix
COMPANY DESCRIPTION FINANCIALS APPENDIX Adjusted EBITDA Reconciliation Foreign Exchange rate
Slide 18: Appendix: Adjusted EBITDA Reconciliation
Appendix Adjusted EBITDA Reconciliation Adjusted EBITDA Reconciliation 9M2020 9M 2020 4Q2020 2020 Million Ps. - except where noted- (A) (B) (C-B) (C) Unaudited, subject to Unaudited Unaudited, subject to Audited limited review according limited review according to rule ISRE 2410 to rule ISRE 2410 Cu
Slide 19: Appendix: Foreign Exchange Rate Evolution
Appendix Foreign Exchange Rate Evolution Exchange rate quoted by Banco de la Nación Argentina for wire transfers (“divisas”) Year Period High Low Average End 1Q 2017 16.0800 15.3600 15.6795 15.3900 2017 2Q 2017 16.6300 15.1900 15.7575 16.6300 3Q 2017 17.7900 16.8000 17.2870 17.3100 4Q 2017 19.2000 1
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