POWERING A GREEN FUTUREStatkraft 2018

Providing pure energy for more than 120 years

2

EMPLOYEES

3 500

THIRD PARTY CAPACITY

20 000 MW100% renewable

OWN CAPACITY

19 100 MW62.6 TWh 97% renewable

NEPAL

Statkraft at a glance

INDIA

USA

PERU BRAZIL

CHILE

IRELAND

FRANCE

NETHERLANDS

NORWAY SWEDEN

GERMANY

SOUTH EAST EUROPE

ALBANIA

TURKEY

UK

Europe’s largest producer of renewable energy

64.4

43.9

40.7

30.3 30.0 29.9

25.9

22.0

18.8

14.0

-

10

20

30

40

50

60

70

Statkraft EDF Vattenfall Iberdrola Verbund Enel Engie Fortum EDP Hidroelectrica

Ren

ew

ab

le p

ow

er

pro

du

cti

on

(T

Wh

)

Top 10 renewable power producers in Europe 2017

Source: PWC

Norway 69%

Nordic region ex. Norway 8%

Europe ex. Nordic region 16%

The rest of the world 6%

Hydropower 82%

Wind power 5%

Gas power 14%

Key figures 2017

Power generation:

63 TWh

Installed capacity:

19 100 MW

Gross revenues:

NOK 69 billion

Net profit:

NOK 11.7 billion

Geography*

Technology*

5 * Generation capacity

In short:

STATKRAFTEnvironment-

friendly power

generation

63 TWh

97% Renewable energy

3 500employees in

17 countries

100% state-owned

More than

3 millenergy related

contracts traded

per year

More than

350power plants

around the world

› Largest hydropower company in Europe and a significant player in South America

and India

› A major wind and solar developer with 8 000 MW installed capacity

› Leading provider of market solutions for renewable energy, tripling today’s volumes

› Top three district heating company in Norway and Sweden

› 1-2 new businesses from the green transition

Statkraft in 2025:One of the world’s leading renewable energy companies

Sustainable, ethical and safe operations

Statkraft Offshore Wind Experience

8

Sheringham Shoal:

Partner during construction, operator in operational phase

(40%, 317 MW)

Dudgeon:

Integrated partner

(30%, 402 MW)

Triton Knoll:

Operator

(50% 860 MW)

Dogger Bank:

JV partner

(25%, 4x1200 MW)

Statkraft Offshore Wind Projects

Wind FarmCo-owners

(prior to SK

divestment)

SK

involvementMW Support

Sheringham

Shoal(40%)

Statoil (40%)

GIB (20%)

Part of

construction

team and

operator for 3

years

317 2 ROC

Dudgeon(30%)

Statoil operator

Statoil (35%)

Masdar

(35%)

Joint

construction

team with

equinor

402CfD

£150/MWh

Triton Knoll(50%)

inngogy

(50%)

Joint

development

team with

innogy

860CfD

£ 74.75/Mwh

Dogger Bank

Projects(25%)

Statoil (25%)

innogy (25%)

SSE (25%)

Joint consent

team -

Forewind

4 X

1200

TBD

Participate in

CfD auction

9

Sheringham Shoal

Offshore Wind Farm

Dudgeon Offshore

Wind Farm

Dogger Bank

Triton Knoll Offshore

Wind Farm

NISA Project Overview

Statkraft’s Irish offshore project North Irish Sea Array

(NISA) consists of a 500MW wind farm in the Irish

Sea north-east of Dublin city.

A foreshore site investigation license was secured for

the site from the Department of Planning for the NISA

site in 2009. Under the license several site surveys

were completed to determine the geotechnical

characteristics of the site. In 2014 a second

geotechnical site investigation was carried out

confirming the suitability of the site for fixed platform

offshore turbines.

Project located close to strong parts of the grid

network which we believe will be important for the

early connection off offshore projects

10