Slide 1: TAQA Morocco 2022 Results
TAQA Morocco 2022 RESULTS March 07, 2023
Slide 2: This presentation (the "Presentation") has been prepared by TAQA Morocco S.A. ("TAQA Morocco" or
This presentation (the "Presentation") has been prepared by TAQA Morocco S.A. ("TAQA Morocco" or the "Company"). The information contained in the Presentation may not have been reviewed or reported on by the Company's auditors. The Company relies on information obtained from sources believed to be r
Slide 3: Key highlights, financial performance, 2030 strategy, 2023 priorities
Key 2022 Financial 2030 Development Key priorities highlights performance review strategy & outlook for 2023 2022 RESULTS PRESENTATION 3
Slide 4: Key Highlights
KEY HIGHLIGHTS 2022 RESULTS PRESENTATION 4
Slide 5: Availability rate, power generation and net income
93.9% 15,309 GWh 1,677 MMAD Availability rate Power generation Net income Operational efficiency, technical Active participation in the Increase in net income expertise of human capital and base load and growing energy thanks to solid operating digitalized preventive maintenance needs of Morocco per
Slide 6: Locomotive of the Moroccan IPPs and local commitments
Locomotive of the A corporate culture Integration Moroccan IPPs anchored around Health of the MASI ESG Index & Safety Total commitments to Moroccan Maintenance of QSE certification companies1 1.5 billion MAD 500 Companies Environment Security Governance 2,000 Indirect jobs 1.1 billion MAD 2 1. Cumul
Slide 7: TAQA Group energy mix and desalination know-how
0,2% W2E Wind 10,9 % / TAQA Group is a champion of low- carbon energy and water utilities 17,2 % with development prospects in Solar green hydrogen. 29.9 GW ~28% RE / TAQA Group has recognized know- how in seawater desalination with 7,7% 64 % an installed capacity exceeding 4 Thermal million m /day3
Slide 8: 2022 Financial Performance Review
2022 FINANCIAL PERFORMANCE REVIEW 8
Slide 9: Plant availability and minor overhauls in 2022
2021 2022 / Very strong operational performance of units 1 to 6, with 94,7% 97,0% 92,8% 93,9% 92,3% the completion of planned minor 89,0% overhauls of units 3 and 4, for 25 days each. Minor overhaul data in 2022 100 international experts 800 local resources Overall availability Availability 1- 4 Ava
Slide 10: Income statement evolution
in MDH +30,9% / Higher operating income due to strong operating performance and positive impact of the USD/MAD exchange rate. / Higher financial income driven by the decrease of interest expenses on loans following the debt repayments of the year. 2022 RESULTS PRESENTATION 10
Slide 11: 2030 Development Strategy & Outlook
2030 DEVELOPMENT STRATEGY & OUTLOOK 11
Slide 12: Industrial excellence and unique know-how
25 years of 92.5% 19% World top industrial Average of the national ten excellence availability rate installed in technical capacity for performance 38% of the national demand Unique Development Mobilization of a of Unit 5 & 6 in multi-currency know-how in the 3.5 years vs. international financing de
Slide 13: Strategic ambitions and 2030 objectives
IMPACT & STRATEGIC AMBITIONS VALUE CREATION / Support Morocco’s low carbon / Leverage off our reference Strengthen the impact strategy shareholder for expertise in of TAQA Morocco on desalination its stakeholders / Strengthen our position as the & environment leading IPP in Morocco with a / Capitali
Slide 14: Renewable energies and gas development
Renewable Energies Solar: 5 lots Noor PVII (96 MW) Wind power: 100 MW of secured sites in the North. 600 MW in the pre-development phase in southern Morocco. 200 MW in proposal phase. TAQA Morocco will support Morocco’s ambition to develop combined cycle gas power plants. 2022 RESULTS PRESENTATION 1
Slide 15: Seawater desalination projects
TAQA Morocco is targeting seawater desalination projects, in line with the national roadmap to secure access to water resources. TAQA Morocco benefits from the expertise of the Group, world leader in seawater desalination with an installed capacity of c.4,150,000 m3/day and > 900,000 m3/day under de
Slide 16: Environment, Social, Governance
2022 2030 100% 1,000 MW Coal 25% reduction in carbon footprint ENVIRONMENT SOCIAL GOVERNANCE Contribution to Morocco’s low-carbon commitments Human capital driving strategic Transparency ambition / Carbon footprint reduction: TAQA Morocco will reduce its / Strong governance beyond carbon footprint b
Slide 17: Main Conclusions & Priorities 2023
MAIN CONCLUSIONS & PRIORITIES 2023 2022 RESULTS PRESENTATION 17
Slide 18: Priorities for 2023
Acceleration of the deployment of renewable, gas and desalination projects Reinforcing operational excellence efforts to maintain a high level of availability through digitalized predictive maintenance Strengthening operational efficiency through production cost optimization initiatives Capitalize o
Slide 19: TrQah
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