• This is the company's first contract to sell renewable gas from its BioRed Lorca production plant.

• The sale will be accompanied with sustainability certificates and guarantees of origin as supporting proof documents.

• This agreement gives consumers access to 100% renewable gas generated from the management of agricultural, livestock and agro-industrial waste, thereby contributing towards the circular economy and energy transition.

• Pavilion Energy continues to strengthen its position as a reference marketer for biomethane in the Spanish market.

Madrid, May 13, 2024 - Redexis Renovables, a Redexis group company focused on the production of renewable gases, especially biomethane and green hydrogen, has closed its first contract with Pavilion Energy to sell biomethane. This marks the company's first contract for selling renewable gas from one of its production plants.

The sale of this biomethane, which will be produced at the BioRed Lorca plant, in the Region of Murcia, will be accompanied with its sustainability certificates and corresponding guarantees of origin, to prove the renewable origin of the gas and its associated reduced emissions.

Pavilion Energy is one of the world's leading natural gas and LNG company, with a strong presence in major European and Asian markets. In recent years it has grown to become one of the reference marketers in the marketing and supply of guarantees of origin of biomethane and renewable gases, both in Spain and in the European countries that have opted for the development of this vector in the energy transition. In addition to other licenses, Pavilion Energy holds the International Sustainability and Carbon Certification (ISCC) to market and supply biomethane in Europe.

The production and subsequent sale of this biomethane gives consumers access to 100% renewable gas generated from the management of agricultural, livestock and agro-industrial waste. This process of converting waste into resources not only contributes to the circular economy and the energy transition, but also creates wealth in the territory. The resources used

in the BioRed Lorca plant have been admitted and are included in the waste list by the European Union.

Miguel Mayrata, Director of Redexis Renovables, commented: “The signing of our first biomethane sales contract marks a very important step in advancing our strategy and our continuous efforts to promote the use of this renewable gas. In doing so, we are making it more accessible to users, as well as ensuring there is an optimal management of the entire energy value chain.”

José Simón, Managing Director of Pavilion Energy in Europe, states:” At Pavilion Energy, we support the development of biomethane in the Spanish market as an essential element of our energy mix. At the same time, we see our efforts accelerating Spain’s progress on this front to keep pace with other European nations. To this end, we are pleased to be partnering leading biomethane developer Redexis Renovables on this journey.”

As previously announced, Redexis Renovables expects to have more than 30 biomethane plants in 2030, which will involve an investment of more than 400 million euros. Their combined production will allow 2 TWh of biomethane per year to be injected into the gas network, which will save more than 260,000 annual tons of CO2 equivalent.

Pavilion Energy currently has a contract volume of 200 GWh/year under its biomethane portfolio and aims to reach 1TWh to become the leading reference marketer for biomethane in the Spanish market.