Fossberg Kraft

Investor Presentation

1 5 June 2 0 2 3

Fossberg Kraft's business platform

P oweri n g the transition to a sustainable future

Growing demand for renewable hydropower

Often referred to as the world's cleanest energy source

Building on long history of expertise

80+ years of combined experience from project developmentand hydropower plants

Local developer, owner and operator of small scale hydroplants

Strategically located in the South of Norway

Exclusive agreement with UK investor

Potential to develop new hydropower plants for subsequent sale to UK

investment fund Downing under "take-off" agreement

Strong macro tailwinds

K ey m a c ro drivers

The green shift

Environment-friendly,

Renewable energy

clean power

A part of Eqva ASA:

A knowledge - based active owner of industrial service companies that contribute to the green transition in maritime, power intensive and renewable industries.

H a v y a r d Leirvik Maritime service provider with attractive location, strong infrastructure and skilled organisation

B K S

Fo ssb e rg Kraft

Full-service provider of

A specialised hydropower

technical, sustainable

plant developer and

solutions and services to

operator

maritime and landbased

industries

Fossberg Kraft in brief

Develo p s, owns and operates small and specialised hydropowe r plants

Develop

Own & Produce

Operate

3 plants

4 plants

10,1 GWh/year new capacity

Successfully bought & sold

Successfully constructed/ refurbished and sold

From 2 plants under construction

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Eqva ASA published this content on 16 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2023 07:51:04 UTC.