2025 2,000509,0009,500 2010 2469101214-20-26-30- 323762646870 73787980818283142 143144 Energy Developments Pty Ltd (EDL) UK Power Networks (UKPN)# 192,1008,500,0002010/ 40% 54122017/ 20% Phoenix Energy 4,100266,0002024/ 20% 69 Northern Gas Networks (NGN) 37,0002,900,0002005/ 41.29% UK Renewables Energy 1752024/ 20% Wales & West Utilities (WWU) 32,9002,500,0002012/ 36% Dutch Enviro Energy Holdings B.V.AVR-Afvalverwerking B.V. (AVR) Seabank Power (SPL) 1,1492010/ 25% 111*272013/ 27% *202688#20262UKPN Canadian Power Holdings(Canadian Power) Husky Midstream Limited Partnership(Husky Midstream) 2,300590409,0002016/ 48.75% 2202007/ 50% TransAlta 1,0642007/ 25% Energy Developments Pty Ltd (EDL) 112017/ 20% Energy Developments Pty Ltd (EDL) 1422017/ 20% Dampier Bunbury Pipeline andAGI Development GroupDBPAGIG4,1002017/ 20% SA Power Networks (SAPN) 91,100936,0002000/ 27.93% Victoria Power Networks (VPN)PowercorCitiPower 10,100723,0002017/ 20% United Energy (UE) 13,600726,0002017/ 20% Energy DevelopmentsPty Ltd (EDL) 6972017/ 20% Australian Energy Operations (AEO) 4,900177,0002008/ 50% 922012/ 50% Australian Gas Networks (AGN)Australian Gas Infrastructure Group (AGIG) 27,0001,433,0002014/ 27.51% 3,0837,100599,0001889/ 33.37% 1,2002009/ 45% 2007 48/ 45% / 45% 2008 1,4002001/ 25% 2478282202428220262026692026527 A1%46% 321,0002024319,900 UK Power Networks (UKPN)2024UKPN2024/2599.99% 20258% UKPNOpen Climate Fix Northern Gas Networks (NGN)Wales & West Utilities (WWU)202512 20251231623,6002024611,9002% NGNHyDeploy Australian Gas Networks (AGN)Multinet Gas Networks Dampier Bunbury Pipeline202512AGN20263 WWU Energy Developments PtyLimited (EDL)EDLGWE BiogasSandhill Seabank Power 2025Phoenix EnergyPhoenix Energy21 Husky Midstream UK Renewables Energy19,500 Canadian PowerMeridian2520253 20261UK Rails 146,1002024143004% AVR-Afvalverwerking B.V.2023 SA Power Networks202571 Victoria Power Networks (VPN)United Energy202512 Wellington Electricity Ratchaburi Power Company VPNCitiPowerPowercor20258 UKPN 40%40%20%UKPN 100%Engie S.A. 2025105,1002024103,8001% UKPNUKPNUKPN2010UKPN 2024-2028380L13202932027 202599.9999% 20266 AGNOfficeof the Technical RegulatorHydrogen ParkSouth Australia10%15% 20262UKPN 2026318 4 2018A 4 202516 1AVR7202392SAPNSeaford25,000Morphett Vale6,000SAPN3NGNThorpe ParkNGN4Canadian PowerMeridian25202532049202535UKPNHeatNet 6WELL(DPP4) 520254120303DPP4202520% 7Powercor 8AGIGDelorean Corporation21 9RPCL131,500 2025712 15SAPNMarket Active SolarPremier’s Award in Energyand MiningSAPN16AEOAustralian Energy Market OperatorAraratVPNBeon Energy Solutions2026117Beon EnergyArarat2506004.818400 1011Phoenix Energy(TCV)48,00032,00012WWU12RoSPA13EDLGWE BiogasSandhill14UKPN3520122015 2016 20232025 2025 2050 10022 50%20251,400 UK Power Networks UK Power Networks (UKPN)14328%85029,250UKPN192,100 2025 203030 2025UKPNOfgem UKPN99.99%202341RIIO-ED22023 - 202818,00025%RIIO-ED210.34425.6 97,000Kolektor 132/33kVBurwell Grid590 UKPN94%Ofgem OfgemUKPN2024/25UKPN31494%Ofgem89% UKPNUKPower Networks Services20245UKPNPowerlinkRenewable Assets70 20283RIIO-ED2UKPNUKPNScience Based Targets initiative (SBTi)SBTiBusiness Ambition for1.5C2024OfgemED3202841- 2033331 - UKPN •2024/2550 2025 - - •- 2025 UKPN • UKPNU UKPNOpen Climate Fix UKPN2025SBTi Northern Gas Networks Northern Gas Networks (NGN)37,000290NGN8 2025NGN5607,20020245868,900Ofgem202633110NGN9.35 55020323 OfgemNGN202641518NGN NGN21,300 NGNNeRVNN RIIO-GD3 (OfgemNGNNGNGatesheadLowThornley(NeRV)NGN Wales & West Utilities Wales & West Utilities (WWU)250750WWU17%42,000 WWU880% 2024/2522WWU20 WWU SPL Seabank Power Seabank Power (SPL)Avonmouth1,149SPL Avonmouth1,149 20251SPL UK Renewables Energy UK Renewables Energy32175 UK RenewablesEnergy32175 UK Renewables Energy202519,50089,000326 266,00055%19 Phoenix Energy Phoenix Energy 20%Phoenix Energy377%Utility RegulatorOfgem 21 7 Phoenix Energy 7202512Utility Regulator2026115Phoenix Energy 2025Phoenix Energy421,6006 Dutch Enviro EnergyHoldings B.V. 20237 AVR-Afvalverwerking B.V. (AVR)DutchEnviro Energy Holdings B.V.AVRAVR 20263 20252026 AVR1751,000594,1002800 2025120237 25500 SAPN SAPN 202514% SAPNEnerven SA Power Networks 2025SAPN SA Power Networks (SAPN)2025936,00091,100 2025SAPN1008,300350(Essential Services Commission ofSouth Australia) SAPN80% 52024AER2025 - 30AER2025430202571 AERAER2397%2020 - 2515%19%33% SAPN SAPNEnerven Victoria Power Networks CitiPowerPowercor2026 - 31 Victoria Power Networks (VPN)CitiPowerPowercor AustraliaVPN82,600130 VPN1778,800CitiPowerPowercor21,565 20259CitiPowerPowercorAER2026 - 31417,76048 AERCitiPowerPowercor12 18,000 VPNBeon EnergySolutions2024Australian EnergyMarket OperatorArarat250 6004.8 VPNVV VPN10022202510AER12 47 Australian Gas Networks Australian Gas Networks (AGN)14027,000 Gawler Gate StationGawler2026630 Wollert Nort