Md presentation – agm 2024

Electricity Generation in Sub-Saharan Africa

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Lesedi Gas-to-Power project - 10MW Overview

Process flow from gas wells to power sales

Lesedi Project

• Tlou's flagship project to produce gas fired electricity for sale into the regional power grid
• Initial 10MW project with development underway at Tlou's 100% owned 40 Km2 property
• First revenue targeted for 2025
• Project located in Tlou's 800 Km2 Mining Licence - valid to 2042
• Part of ~8,000 Km2 of total acreage
• First gas wells drilled
• Generation site and electrical substation work ongoing

Regional Power Demand

Cumulative investment in new generation capacity

required to meet expected demand 2016-2030 (USD bn)