Energie 08 Peter BarkerHomek CEO Abu Dhabi National Energy Company TAQA

1
Energie 08Peter Barker-Homek CEO Abu Dhabi
National Energy Company - TAQA

• TAQA's ambition to build a global energy
  company

2

• Peter Barker Homek
• Chief Executive Officer
• Abu Dhabi National Energy Company or Taqa
• Mr. Barker Homek was appointed CEO of Taqa in
  2006. His professional background includes
  Senior Adviser in MA at BP plc, Director of
  Worldwide Downstream Gas Distribution Development
  at BG International, and Vice-President of
  Development for Eastern Europe and Latin America
  at Pacific Enterprises. Mr. Barker Homek worked
  at the U.S. State Department and was an
  institutional sales consultant within the Capital
  Markets Group at Merrill Lynch. Mr. Barker Homek
  has an MBA from the University of Southern
  California.

3
Disclaimer
4
An Emerging Global Energy Player

• Established in 2005 to consolidate the
  Governments shareholding in Abu Dhabis domestic
  water and power generation assets
• TAQA is the essential energy and water provider
  in the Emirate of Abu Dhabi, where capacity
  requirements are growing strongly
• TAQA has since grown into an Aa2 rated, publicly
  listed, global energy company and is the
  government's investment conduit in the global
  energy sector

Government of Abu Dhabi
Public Shareholders
25
75
Downstream
Midstream
Upstream
Operational Highlights
Financial Highlights
Production figures as of June 2007. Reserve
figures as of December 2006.
5
Essential Service Provider - Power and Water
6
Global Aspirations Building the Portfolio
7
Significant Growth in Assets and Revenue
8
Taqa Today

• An international company with in excess of DH
  68 billion in assets.
• Turnover of over DH 8 billion profits of over
  DH 1 billion.
• Operations in Abu Dhabi Ann Arbor, Michigan
  Aberdeen Amsterdam, Calgary and The Hague.
• Alliance partners in the Gulf, Middle East,
  North Africa, Europe, Australia, Canada, and the
  United States.
• The USD and EUR bond issue in 2006 was the
  largest bond ever issued by a Middle Eastern
  company at 3.5bn
• Over 2300 employees from 38 different
  nationalities
• Recently completed a further USD bond issue of
  2bn

9
Vision and Strategy

• Vision
• TAQAs strategic aim is to build a global blue
  chip, fully integrated energy company
• To grow in scale from a USD 21 billion company to
  a USD 60 billion company over the next 5 years.
• To acquire strategic acquisitions and financial
  investments in companies that meet with its
  business objectives
• Successful integration of assets
• Expand existing IWPP operations and selective
  establishment of Greenfield operations.
• Recruit and retain experienced management teams
  on a global basis.
• Strategy
• To become the primary conduit for the domestic
  power and water sector for the Emirate of Abu
  Dhabi
• Acquiring strategic interests in energy and
  related companies in the UAE and the Gulf
  Cooperation Council

10
Leading in Sustainability

• 3 Cs Initiative
• first GCC company to be invited to join the 3C
  (Combat Climate Change) Initiative
• Reducing Harmful Emissions
• Nitrogen oxides
• Carbon Dioxide
• Solar powered equipment
• Improved fuel performance of machines
• Clean Up the UAE campaign
• Hybrid Cars

11
CSR The Big Picture

• TAQA is committed to having a positive impact on
  the countries and communities in which we operate

• Our objective is to be a leader as a responsible
  global energy company, implementing programs of
  ethical, environmental and social benefit to our
  stakeholders
• TAQAs formal CSR policy will provide a framework
  for guiding all our CSR activities and will
  ensure sustainable and responsible corporate
  behavior in the communities where we operate

12
Looking Ahead
13

• QA