TechEnergy Ventures

Our mission is ‘to invest globally into start-up and high growth companies with technologies of strategic importance to Aramco, to accelerate their development and their deployment in the company. Our focus areas include:Digital & IR4.0 technologies applicable to Aramco’s global operations. Sustainability technologies, in particular: carbon capture, utilization & storage; methane emissions reduction; renewables & grid energy storage; industrial energy efficiency; transportation efficiency; greenhouse gas footprint tracing & certification; nature-based greenhouse gas mitigation solutions; hydrogen; synthetic renewable fuels; water and air quality. Upstream oil & gas technologies. Downstream oil & gas / petrochemicals technologies. Non-metallic materials and new applications for hydrocarbons. Investments typically range from $2-20M and we are flexible in stage of development, from early to expansion stage ventures. We seek companies led by world-class management teams, with differentiated technologies that can add value to Aramco’s operations. We aim to be a value-adding strategic investor. We actively support portfolio companies in doing business with Saudi Aramco and in accessing the Saudi Arabian and regional MENA market, including facilitating piloting, business development, localization, and accessing of technical and operational expertise. Our team of highly experienced investment professionals provides portfolio companies with guidance and support, and access to a global network. We lead the majority of our investments, and in most instances seek board positions or observer rights. Besides SAEV, Saudi Aramco operators several venturing programs with different objectives: Prosperity7, our diversified growth investment program, investing in highly scalable transformative or disruptive ventures outside of the energy industry. We participate in OGCI Climate Investments, a joint venture of 11 major oil & gas companies representing 40% of global hydrocarbon production, investing in climate related technologies & solutions relevant to the oil & gas industry. Saudi Aramco also engages with SABIC Ventures, the corporate ventures arm of SABIC, that is focused on new materials and applications, sustainable use of chemicals and plastics, process & resource efficiency and specialty Agri-nutrients. Wa’ed Ventures, investing in regional ventures with a significant focus on the Saudi Arabian market, supporting economic development, job creation, and development of an entrepreneurial ecosystem in the MENA region.

Our mission is to our generation’s biggest challenge, climate change, we have to rethink the way we do business entirely. We invest in early-stage companies that develop innovative technologies and business models to mitigate climate change and embrace this challenge as an enormous business opportunity. Our investment focusSustainable Agri & Food Tech Clean Energy & Power Green Transportation & Mobility Advanced Manufacturing & Resource Efficiency Carbon Capture, Storage & Utilization We focus on double-impact We created Übermorgen Ventures with double-impact in mind and without time pressure. We deploy patient capital to allow our ventures to maximise business success and reductions in greenhouse gas emissions. Financial returns: We look for businesses that embrace climate change mitigation as an opportunity to create above-market financial returns. Greenhouse gas reduction: We only invest in ventures that have the potential to significantly reduce greenhouse gas emissions. The impact of our portfolio will be measured and reported frequently. Our previous track record as business angels shows that we know how to invest early-stage40+ direct investments in early-stage startups collectively 57% combined net IRR over the past 10 years 30+ years of combined experience in entrepreneurship, early-stage investing and sustainability

EDF Pulse Ventures manages the EDF Group's venture capital fund. Our mission is to identify and invest in new businesses and innovative solutions developed by start-ups to help build a carbon-neutral future. EDF Pulse Ventures, the ideal partner for start‑ups looking to innovate in renewable energy Business synergies: Develop commercial partnerships with our subsidiaries and businesses, or with other cleantech start‑ups in our portfolio. Strong support: Benefit from the support of the world's leading low-carbon energy producer and its internationally recognised R&D. A reliable and active shareholder hold the best of our installations: Take advantage of a capital contribution with no predefined duration from a strategic shareholder involved in the governance and support of your management. Strategic support: Anticipate market opportunities and new business models thanks to our experience, our monitoring and the sectoral studies made available to you. EDF Pulse Ventures' investment sectors EDF Pulse Ventures finances and supports innovative cleantech start-ups in the field of energy transition: Maturity: Series A and B % of holding: Minority Ticket size: 3M€ to 5M€ Locations: Europe, North America Areas of expertise: Decarbonisation solutions and services for all. Performance, construction and conversion of energy production and storage facilities. Carbon free production and storage solutions of tomorrow. Decentralised energy systems. Carbon capture, premium offset and recovery solutions. Societal trends.

EIT InnoEnergy brings people and resources together, catalysing and accelerating the energy transition. New ideas, products and solutions that make a real difference, and new businesses and people to deliver them to market. Operating at the centre of the energy transition, we build connections worldwide, bringing together innovators and industry, entrepreneurs and investors, graduates and employers. How we do it Our bespoke support to accelerate sustainable energy innovation, knows no borders or boundaries: Industry are linked with innovation and alumni, providing commercially attractive technologies spanning the energy value chain, and top talent to enhance innovation. Start-ups, scale-ups, and innovators receive tailor-made support to boost and de-risk business cases and speed up time to market. Students and learners have access to master’s programmes at 16 top technical universities and business schools. The global workforce have access to more than 35 courses, provided in 10 languages, to equip them with the skills required to create a sustainable economy. Our impact As a result, we have built the largest sustainable energy innovation ecosystem in the world: We have supported 500+ sustainable energy innovations and invested in 200+ companies, all on track to generate 110 billion in revenue and save 2.1 gigatonnes of CO2e accumulatively by 2030. 90% of our start-ups already work with global brand names including ABB, BMW, EDF, Engie, Volkswagen, Galp, Schneider Electric, Naturgy. Our EIT InnoEnergy Master School has attracted students from almost 100 countries. We now have more than 1,600 graduates making an impact in the energy transition all around the globe. Decarbonising Europe We are also spearheading the way to a decarbonised Europe by 2050 through the leadership of three industrial alliances: battery storage, green hydrogen and solar photovoltaics. These alliances bring together the knowledge and experience required to support large industrial projects, which directly impact the energy trilemma: reducing the cost of energy, limiting greenhouse emissions and increasing availability and security. Ultimately, these actions play a fundamental role in realising our goal of a carbon neutral Europe by 2050. Our ecosystem All this is made possible thanks to our rich network of more than 1,200 key players from 18 different countries. Together we act as a key vehicle for the energy transition and make up the ingredients needed to bring a constant pipeline of sustainable energy innovation to market. Established in 2010 and supported by the European Institute of Innovation and Technology (EIT), we have offices and hubs across Europe and in Boston, US.

We are backing pioneering businesses during their early-growth stage and get excited about solutions driving the systemic change of how energy is generated, distributed, stored, and consumed 🚀⚡

It is a $200m evergreen Venture Capital fund investing in Carbon Circularity, with a focus on Carbon Capture and Utilization (CCU) and plastics recycling. It is targeting innovative companies with proven technologies from industrial scale-up to growth stages (Series A/B focus). Taranis has an active investor positioning: it supports its portfolio companies in their development by leveraging the broader resources of the Perenco Group, including industrial assets, engineering capabilities and ecosystem connections.