Managing GHG emissions We appreciate the need to reduce operational emissions as we continue growing our business and helping to accelerate the world’s transition to a resilient and e昀케cient renewable energy system. In 2022, we set a target to reduce our Scope 1 and 2 economic emissions intensity by 30% by 2030 from a 2021 baseline. To this end, we plan to increase energy e昀케ciency and reduce energy consumption from non-renewable sources by continuing to employ the following strategies: • Expanding facility on-site PV generation capacity • Participating in utility renewable energy and green tari昀昀 programs • Completing facility energy e昀케ciency projects • Requiring facilities to provide access to renewable energy • Installing bi-directional EV chargers at facilities • Incentivizing emissions reduction and energy conservation initiatives “Facility on-site PV generation 2023 actions taken increased by 228% year-over- • Increased facilities’ on-site generation capacity to 855.9 kW year to a total of 855.9 kW” • Completed energy e昀케ciency projects representing annual savings of 195,052 kWh • Planned energy e昀케ciency projects representing an annual savings of 955,296 kWh • Completed PV installs for three additional Enphase facility locations • Joined Austin Energy Green Choice program Chart 1: On-site PV generation capacity (kW) 1200 1000 800 600 400 200 0 (Plan) 2020.5 2021 2021.5 2022 2022.5 2023 2023.5 2024 2024.5 Installed kW, Scope 2 Chart 2: Renewable energy mix 30% 70% Renewable (%) Non-renewable (%) Renewable (%) Non-renewable (%) 26