Announcement PDF ASX ANNOUNCEMENT 22 JULY 2025 Carnegie Enhances European Investor Engagement with German Roadshow Carnegie Clean Energy (ASX: CCE) (“Carnegie” or the “Company”) advises that its Chief Executive Officer, Mr Jonathan Fiévez, and Chairman, Mr Anthony Shields, are undertaking an investor roadshow in Germany. This engagement follows the recent appointment of DGWA GmbH (“DGWA”) as Carnegie’s European financial markets and investor relations advisor. The roadshow aims to expand Carnegie’s European profile for strategic investors and industry players, increasing awareness of the advancements in our CETO technology. Carnegie will be meeting with retail, institutional, and large private investors across Germany, leveraging DGWA's extensive network and experience. This roadshow is a key component of Carnegie's strategy to maximise the value of its pre-existing dual listing of the Company's common shares on the Frankfurt, Tradegate, and Stuttgart Stock Exchanges (WKN: A2DJFY). Please find attached the investor presentation for this roadshow. View and engage with this announcement on Carnegie’s Investor Hub: https://investors.carnegiece.com/link/yEMMRy This announcement has been authorised by the Chairman and CEO. For more information Carnegie Clean Energy Limited +61 8 6168 8400 enquiries@carnegiece.com www.carnegiece.com 21 North Mole Drive, North Fremantle WA 6159 | PO Box 39, North Fremantle WA 6159 Phone: +61 8 6168 8400 | www.carnegiece.com | ABN 69 009 237 736 1 ABOUT CARNEGIE AND ITS SUBSIDIARIES Carnegie Clean Energy (ASX: CCE) is a technology developer focused on delivering ocean energy technologies to make the world more sustainable. Carnegie Technologies Spain and CETO Wave Energy Ireland are wholly owned subsidiaries of Carnegie Clean Energy. Carnegie is the owner and developer of the CETO® and MoorPower® technologies, which capture energy from ocean waves and convert it into electricity. Using the latest advances in artificial intelligence and electric machines, Carnegie optimally controls our technologies and generates electricity in the most efficient way possible. The company has a long history in ocean energy with a track record of world leading developments. https://www.carnegiece.com ABOUT DGWA DGWA, the German Institute for Asset and Equity Allocation and Valuation (“Deutsche Gesellschaft für Wertpapieranalyse GmbH“), is a European Investment Banking and Corporate Advisory firm based in Frankfurt, Germany. The management team has a 30-year track record in trading, investing, and analyzing SMEs around the world. DGWA has been involved in over 250 IPOs, financings, bond issues, dual listings, and corporate finance transactions as well as corresponding road shows and awareness campaigns. 21 North Mole Drive, North Fremantle WA 6159 | PO Box 39, North Fremantle WA 6159 Phone: +61 8 6168 8400 | www.carnegiece.com | ABN 69 009 237 736 2 Delivering Wave Energy To The World Germany Roadshow ASX: CCE FRA: CNM1 2025 Wave energy is special ▪ Waves are concentrated wind energy ▪ Highly consistent and predictable ▪ Vast and untapped resource ▪ Most powerful when needed - winter ▪ 24/7 power = earns more ▪ Water density 1000x air (wind) density ▪ 5x less area required compared to wind ▪ Ocean space less constrained 2 CETO – The leading solution at scale A round object under water Our core technology is unique and avoids known issues Description automatically generated ▪ CETO operates fully submerged, avoiding issues of visual amenity and damaging forces from breaking storm waves ▪ Artificial intelligence helps us capture more by adapting to every individual wave that passes ▪ 1 MW capacity leads the industry Ranked #1 in largest global competitive tender ▪ Direct conversion to electricity (no hydraulics) delivers flexibility and efficiency gains ▪ CLICK TO SEE ANIMATION 3 3 Features Specifications Visual Impact None – fully submerged Extreme Wave Survival Deep diving, power production continues Installation & Recovery Small tow vessels, diverless and rapid with quick connectors Maintenance Swappable WECs at sea and PTOs in port WEC Rating 1000 kW Spatial Density 30 MW / km Capacity factor 30-50% Operational Range 0.5 - 14 m significant wave height Water Depth > 40 m (130 ft). Deeper sites simply require longer ropes Buoy Diameter 20 m Buoy Height 4m 2 4 Future revenue sources ▪ Sales of CETO and MoorPower systems ▪ Supply spares and assist with operations and maintenance ▪ Provide engineering services and software upgrades Carnegie Business Model ▪ Revenues commence up to 4 years prior to commissioning European Commission has 1GW ocean energy target by 2030 = €5bn of capex 350 GW is IRENA’s current estimate of ocean energy installed capacity by 2050 CETO units are estimated to be 75% of the construction capex 5 Where are we today ◄◄ Deploying large CETO prototype in Spain ▪ Construction underway ▪ EuropeWave contracted deployment - #1 ranking ▪ Team in Bilbao, Spain and Fremantle, Australia ▪ Funding pool of €7.05m from 3 separate awards MoorPower commercial scale design ►► ▪ Scaled Demonstrator project complete ▪ Commercial development commenced ▪ Global market engagement underway 6 What’s next? ▪ Finalise CETO commercial scale design ▪ Secure CETO array project ▪ Deliver commercial MoorPower 7 What is the opportunity? ❶ ❷ Understand the potential • Emerging new renewable tech • CCE is a world leader ❸ Follow our progress • Invest in us 16,000+ followers Be part of the innovation that will unlock the power of the world’s oceans 8 Thank you CEO: Jonathan Fievez Chairman: Anthony Shields Investor Advisor: DGWA Carnegie Clean Energy Ltd Head Office 21 North Mole Drive, North Fremantle Western Australia 6159 +61 8 6168 8400 Carnegie Technologies Spain Bilbao, Bizkaia CETO Wave Energy UK Edinburgh, Scotland CETO Wave Energy Ireland carnegiece.com Dublin, Ireland 9