A Solution Partner to South Africa Karpowership SA Presentation for NERSA Public Hearing 19/08/2021 C O N F ID E N TIAL The RMI4P CONFIDENTIAL Preferred Bidders CONFIDENTIAL Karpowership A GLOBAL AND UNIQUE INTEGRATED ENERGY COMPANY Diversified portfolio including renewables around the world Core business is Powerships and LNG assets Established in 1948, energy since 1996 2,600 employees from 21 different countries 10,000+ jobs created around the world ONE STOP SHOP In-house Design, EPC, O&M, Development and Investment capabilities. Turn-key solutions covering the entire value chain, fuel supply to power generation. CONFIDENTIAL Global Portfolio LEBANON INDONESIA CUBA SUDAN GUINEA-BISSAU THE GAMBIA GUINEA CONAKRY SIERRA LEONE GHANA SENEGAL MOZAMBIQUE CONFIDENTIAL Karpowership owns and operates 30 Powerships; and owns 5 FSRUs with global partnerships including Japanese MOL. LNG to Power LNG Carrier Gas Supply FSRU Powership Gridline Off Taker SHELL KARMOL/HOEGH KARPOWERSHIP ESKOM Gas infrastructure. Strategic Global Partnerships As Growth Drivers, ships arrive to refuel each month – increasing traffic and marine industry opportunities. CONFIDENTIAL New industry driven by floating power generation, helps to grow power, marine and LNG sectors. Reliable grid supports a better economy. The Technology • LNGC brings in Liquified Natural Gas (LNG) • FSRU stores LNG and converts LNG to gas state before transferring the fuel to Powership • Powership converts the gas to electricity using reciprocating engines on-board the vessel • Powership sends out the electricity to the national grid CONFIDENTIAL All our assets are ready to be deployed and our LNG value chain is ready to serve. Powerships together with FSRUs will bolster South Africa’s marine, power and gas industry. Environmental Policy • We are practicing the shift to cleaner energy while minimizing the environmental impacts caused by the nature of our business. • Our E&S procedures are prepared according to IFC Performance Standards and are certified by international lenders as fully compliant with IFC Performance Standards. • Our operations are certified to comply with ISO standards: ISO 9001 (quality), ISO 14001 (environment), ISO 45001 (health and safety) and OHSAS 18001 (health and safety). CONFIDENTIAL Sustainability The Sustainable Development Goals are a universal call from the UN to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. There are 17 Goals that are interconnected – providing us with a common plan and agenda to tackle some of the pressing challenges facing our world. Our aim is to contribute directly or indirectly to all set of goals starting with providing clean and affordable energy that will support the sustainable growth and development of all economies. Karpowership is proud to make a change in more than 50 million people’s lives targeting all surrounding communities and people in need. CONFIDENTIAL South Africa CONFIDENTIAL Delivering Cleaner Energy Our Mission Our mission is to facilitate and accelerate the transition to cleaner fuels while continuously working towards improving the environmental baseline. Our Vision • Investing in communities and job creation • South Africa becoming our hub for the continent • Solar and land-based investments • Participation to future tender rounds • Gas downstream CONFIDENTIAL Project Partners Karpowership SA, a 49% South African-Black owned company, is a partnership among Karpowership and Powergroup SA to respond to the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) issued by South African government, Department of Mineral Resources and Energy. CONFIDENTIAL Our Priorities Power Generation and Help Reduce Load Shedding Community Investment Employment In excess of 1200 jobs. Provide 1220 MW of cleaner, reliable and affordable electricity to South Africa. R18 Billion dedicated to local empowerment for the life of the project. While Karpowership SA can mitigate 1 entire stage, the entire RMIPPPP will be able to mitigate 2 stages of load shedding. Community investment is driven by local needs. Ability to create jobs, preserve jobs, mitigate job losses across sectors and repurpose existing skills. In all 3 projects we seek to be a partner to our host communities. Powership Academy to provide training and skills transfer to our local teams. CONFIDENTIAL Our Initiatives Our projects will initiate a new industry centered on marine power generation and LNG, with wide ranging growth potential for local businesses. Karpowership SA will complement the efforts of the SA government in its bid to transform provincial economies through LNG. CONFIDENTIAL We are committed to backing SMEs and women-empowered businesses as key parts of our supply chains. Coega Transmission Line Powerships* FSRU* CONFIDENTIAL *proposed locations for the vessels Richards Bay Transmission Line Powership* FSRU* CONFIDENTIAL *proposed locations for the vessels Saldanha Bay Transmission Line FSRU* Powership* CONFIDENTIAL *proposed locations for the vessels Thank you. Contact Us kps.sa@karpowership.com CONFIDENTIAL