TAQA Morocco S A : APPOINTMENTS TO THE SUPERVISORY BOARD OF TAQA MOROCCO

APPOINTMENTS TO THE SUPERVISORY BOARD OF TAQA MOROCCO

The Supervisory Board of TAQA Morocco, held on February 22, 2023, took note of the resignation of :

1. Mr Abdulaziz Mohamed Abdulla Alobaidli Alhammadi, Vice chairman and Member of the Supervisory Board ; and

1. Mr Vivek Gambhir, Member of the Supervisory Board.

The Supervisory appointed :

1. Mr Alastair Mulligan to replace Mr Abdulaziz Mohamed Abdulla Alobaidli Alhammadi ; and

1. Mr Nabil Almessabi to replace Mr Vivek Gambhir.

The Supervisory Board also appointed :

1 Mr Alastair Mulligan as Vice chairman to the Supervisory Board ;

1 Mr Nabil Almessabi as member of the Executive Nomination and Remuneration Committee succeeding Mrs Hamda Al Hameli ; and

1 Mr Andres Calderon Acuna, permanent representative of TAQA PJSC at the Supervisory Board, as Audit Committee member, to replace Mr Vivek Gambhir.

The above appointments came into force on february 23, 2023 and will be submitted for approval to the next ordinary general meeting.

The Supervisory Board welcomed the new members and warmly thanked Mr Abdulaziz Mohamed Abdulla Alobaidli Alhammadi and Mr Vivek Gambhir for their commitment and their contribution to the development of TAQA Morocco.

Alastair Mulligan currently serves as the TAQA Group organisation's Director of Asset Management in the Generation business line. Over the last two decades, Mr Mulligan has cultivated extensive experience as a leader in asset management, overseeing a wide range of complex and large-scale infrastructure and utility projects.

Before joining TAQA, he held senior roles at the Dubai stock exchange listed utility National Central Cooling Company PJSC ("Tabreed") including the role of Managing Director of Tabreed Energy Services, where he successfully led efforts to expand the organisation's service offerings, which today include building maintenance, cooling as a service, and energy savings contracting. He also held the role of Senior Vice President Asset Management where he drove value for the business through the management of Tabreed's contracts, business development and joint venture management.

He holds a Bachelor of Commerce in Business Finance and a Bachelor of Science in Finance both from the University of Queensland, Australia. Mr. Mulligan has the Certificate of Directorship from Mudara Institute of Directors.

Nabil Almessabi serves as TAQA's Chief Human Resources Officer. In this role, he oversees the strategic development of human resources and administration, as key enablers to TAQA's growth ambitions.

Prior to his role at TAQA, he served as Chief Human Resources Officer for TRANSCO and was the Executive Director of Human Capital & Communications at Abu Dhabi Power Corporation. With more than 20 years of experience, Mr Almessabi has held leading transformation roles across the oil and gas, utilities, real estate and tourism sectors in the UAE.

Mr Almessabi holds a Bachelor of Science in Electrical Engineering from the UAE University, a Management Diploma from the University of Cambridge - Judge Business School and a Global Executive MBA from INSEAD.