Siemens Gamesa Renewable Energy Unlocking Vietnam s Nearshore Wind Potential

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1 Siemens Gamesa Renewable Energy Unlocking Vietnam s Nearshore Wind Potential Utilizing Siemens Gamesa Experience to De-Risk Your Nearshore Project June 7th 2018

2 2 Contents 1. Company profile 2. Product portfolio 3. Operational excellence 4. Westermeerwind case study

3 Company profile

4 Siemens Gamesa at a glance 4 Activity Onshore 73.1 GW installed in 73 countries. Offshore Service 11.4 GW installed worldwide since Most experienced offshore wind company with the most reliable product portfolio in the market GW maintained. Commitment beyond the supply of the wind turbine to achieve the profitability objectives of each project. Three business units strongly positioned in the market

5 Siemens Gamesa at a glance 5 Benchmark global supplier, dedicated to Vietnam NE&ME 13,572 MW installed 9,311 MW maintained NORTH AMERICA SE&A 21,155 MW installed 11,269 MW maintained 19,973 MW installed 12,439 MW maintained >11,500 MW s installed in Asia APAC 6,563 MW installed 2,415 MW maintained INDIA 11 of the 15 largest asset owners by installed capacity are SGRE s clients2. 5,113 MW installed 5,046 MW maintained LATAM 6,731 MW installed 6,268 MW maintained Dam Nai Wind Farm in Vietnam is successfully operational Further scaling up Vietnamese operations * Figures as of CY4Q Excellent worldwide recognition of our products and services MAKE, Global Wind Power Asset Ownership 2016.

6 6 Nearshore market segment Onshore Technology Deployed Nearshore China Longyuan Rudong Intertidal 21 x SWT x SWT x SWT Denmark Samsø Rønland Middelgrunden 20 x SWT Vindeby* 11 x Bonus 450 kw x SWT x SWT The Netherlands Westermeerwind United Kingdom Teesside *Decommissioned in 2017 **Nearshore defined as <5km from the coast >330 MW Nearshore** capacity comprised of Onshore technology

7 Product Portfolio The best product for each project

8 The best product for each project 8 An optimized, streamlined Product Portfolio Low winds Medium winds High winds SG SG Siemens Gamesa 2.X SG SG Siemens Gamesa long-term reference portfolio entirely based on geared technology. SG Siemens Gamesa 3.X Siemens Gamesa 4.X SG SG SG SG SWT-DD-120 Onshore Direct Drive SWT-DD-130 SWT-DD-142 Onshore Direct Drive platform available in selected markets.

9 Operational excellence

10 Turnkey projects - Integral construction services 10 APAC-specific EPC Experience NE&ME 69 wind farms SE&A 207 wind farms Total # Wind Farms. (In operation + under construction) NORTH AMERIC A 10 wind farms APAC 10 wind farms INDIA 100 wind farms LATAM 22 wind farms 418 Including full supply In operation (401): 13,657 MW Under construction (17): 659 MW * Figures as of CY3Q2017 Maximum quality guaranteed in the BoP, including complex projects

11 Westermeerwind Case Study

12 Westermeerwind 12 Project Overview 144MW nearshore project located in The Netherlands 5-7m water depth 48 x SWT WTGs COD 2016 Siemens performed full EPC scope Just-in-Time installation from barge Foundation design and installation WTG design changes needed to meet environmental conditions Substation design and installation

13 Westermeerwind 13 Transportation & Installation O&M Facilities Pre-assembly site: Rotor Rotor Transport route Project Installation site Lelystad locks EPC Project Site Office Pre-assembly site: Towers / Nacelles Nacelle / Tower Transport route Only possible with proper planning and robust risk-mitigation measures in place

14 Westermeerwind 14 Transportation & Installation

15 Westermeerwind 15 Transportation & Installation

16 Westermeerwind 16 Foundations

17 Westermeerwind 17 Array Cabling

18 Westermeerwind 18 Substation Installation

19 Westermeerwind 19 Final Result

20 Westermeerwind 20 Key Takaways Nearshore projects are by nature more complicated and come with higher risks than onshore projects With that said, they have distinct rewards such as less land-resident issues, potentially higher fit and typically better wind conditions Only with understanding and mitigating downside risk properly, can clients realize this upside SGRE stands ready to support your nearshore wind ambitions in Vietnam by leveraging our global experience and local knowledge to make your project a success

21 Thank you For further information, please contact: Scott Powers Technical Sales Manager

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