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Infinity Power     2023 Sustainability Report                                                                                                                                                                                                                                                                                                                                     2

                                                                                                                                                                                                        ABBREVIATIONS                                                             CONTENTS
                 About this report

                                                                                                                                                                                                        ABAC       Anti-bribery and corruption
                                                                                                                                                                                                        AML        Anti-money laundering                                          03         A message from our leadership
                                                                                                                                                                                                        CO e       Carbon dioxide equivalent
                                                                                                                                                                                                            2                                                                     04         Performance highlights
                 Infinity Power is a joint venture between                                                  Infinity Power is a signatory of the UN Global                                              EHS        Environment, health and safety
                                                                                                                                                                                                        EMS        Environmental management system                                05         Our renewable energy assets
                 Egypt’s Infinity and UAE’s Masdar. In 2023                                                 Compact and this report supplements our online                                              ESG        Environmental, social and governance

                                                                                                            Communication on Progress. In it we outline                                                 GW         Gigawatt                                                       06         Global context and megatrends
                 we acquired Lekela Power, becoming
                                                                                                                                                                                                        GWh        Gigawatt hour
                                                                                                            commitments to advancing the Compact’s Ten
                 the largest African pure play renewable                                                                                                                                                H&S        Health and safety                                              07         Stakeholder engagement and materiality
                                                                                                            Principles, pursuing improvements in anti-corruption,                                       HSE        Health, safety and environment
                 energy company.                                                                                                                                                                                                                                                  08         Our strategy
                                                                                                            the environment, human rights and labour.                                                   IFC        International Finance Corporation
                                                                                                                                                                                                        ILO        International Labour Organization

                                                                                                                                                                                                        KW         Kilowatt
                 Our mission is to be Africa’s preferred sustainable                                                                                                                                                                                                              10         Delivering standards of energy excellence
                                                                                                            Our reporting process this year involved defining an                                        kWh        Kilowatt hour
                 energy solutions partner, powering economic growth,                                                                                                                                    LTI        Lost time incident
                                                                                                            ambitious sustainability strategy, aligned to risks and                                                                                                               15         Protecting the natural environment
                                                                                                                                                                                                        LTIR       Lost time incident rate
                 social development and enabling communities to
                                                                                                            opportunities that are most material to our business
                                                                                                                                                                                                        MW         Megawatt                                                       22         Leading the just energy transition
                 realise their potential through access to clean energy.
                                                                                                            and stakeholders.                                                                           MWh        Megawatt hour
                                                                                                                                                                                                                                                                                  32         Operating with integrity
                                                                                                                                                                                                        RI         Reportable incident
                                                                                                                                                                                                        RIR        Reportable incident rate
                 This is Infinity Power’s first annual sustainability report,
                                                                                                            The resulting commitments and targets reflect our                                           SDGs         United Nations Sustainable Development
                 covering our global operations during the 2023 calendar                                                                                                                                           Goals, also known as the Global Goals                          36         Our commitments and targets
                                                                                                            ambition to stand out as a sustainability leader in an

                 year. It outlines our approach to sustainability and                                                                                                                                   STRT       Slavery and trafficking risk template
                                                                                                            industry that is transforming economies across Africa
                                                                                                                                                                                                        UN         United Nations
                 how we deliver clean and reliable energy projects
                                                                                                            for the better.
                 throughout Africa whilst meeting the highest

                 environmental, social and governance standards.
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