Title: 241627048.pdf URL Source: https://documentscdn.financialexpress.net/Literature/20EA64EE64FD8ABF3E428A94FA839962/241627048.pdf Number of Pages: 4 Markdown Content: # Octopus Renewables Infrastructure Trust plc (the “Company” / “ORIT”) is an investment company focused on providing investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets across Europe, the UK and Australia. # £280m Market capitalisation # 52.8p Ordinary share price # £491m Unaudited NAV # 93.2p Unaudited NAV per share # 11.8% Dividend yield 1 # 6.23p FY 2026 Dividend target 2Company Information: Listing: London Stock Exchange, main market SEDOL: BJM0293 ISIN: GB00BJM02935 Registered Number: UK 12257608 Ticker: ORIT Dividend Payments: Quarterly Financial Year End: 31 December Website: https://octopus renewablesinfrastructure.com/ # Q1 2026 Highlights • A positive NAV total return of 1% was delivered over the quarter, with dividends offsetting a modest NAV decrease from 93.8p per share (£495m) as at 31 December 2025 to 93.2p per share (£491m) as at 31 March 2026. Positive impacts were driven by short-term power price increases, reflecting heightened market volatility, and the expected return on assets, partially offset by reductions in medium to long-term power price forecasts alongside changes to other macroeconomic assumptions - predominantly an increase in French tax applicable to the solar portfolio. The portfolio’s high level of contracted revenues continued to limit the impact of short-term market movements. • March: ORIT published full year results for the year ended 31 December 2025. • Post-period (April): In response to UK Government announcements, ORIT stated that the removal of Carbon Price Support from April 2028 is expected to have a limited impact on NAV (<0.5p per share), while the increase in the Electricity Generator Levy is not expected to be material (based on an initial assessment); proposed fixed price contracts may provide an opportunity to secure additional long-term revenues . The Investment Manager will continue to monitor these developments closely and will update the market on any material valuation impacts as further information becomes available. • During Q1 2026, no shares were repurchased by ORIT leaving the total spent as at 31 March 2026 at c. £26m out of its total £30m buyback programme. # Dividends A dividend of 1.55p per share (or £8.2 million) was declared in respect of Q4 2025 and paid on 27 Feburary 2026. A dividend of 1.55p per share has been declared in respect of Q1 2026 , payable on 29 May 2026 to shareholders on the register on 15 May 2026. In line with its progressive dividend policy, the Company is targeting a dividend of 6.23p for FY 2026 2 , an increase of 1.0% over FY 2025. This marks the fifth consecutive year that ORIT’s Board has increased its dividend target. # Investment Policy The Company intends to invest both in a geographically and technologically diversified spread of Renewable Energy Assets and, over the long term, it is expected that: • Investments located in the UK will represent less than 50% of the total value of all investments 3.• Investments in any single country other than the UK will represent no more than 40% of the total value of all investments. • Investment in (i) onshore and offshore wind farms and (ii) solar PV parks will each not exceed 60% of the total value of all investments. Investments that are under development will represent less than 5% of Gross Asset Value 4 .Our full Investment Policy is available here and on our website. ## Factsheet – 31 March 2026 This is a marketing communication. Capital at risk. Factsheet 31 March 2026 page 1 of 4 Independent Board of Directors: Investment Director David Bird Investment Director Chris Gaydon Chair Phil Austin, MBE NED James Cameron NED Sally Duckworth Senior Independent Director Sarim Sheikh NED Elaina Elzinga # 1.55p Q1 2026 Dividend declared A decision to invest in ORIT should consider all its investment objectives and risks as described in the Annual Report and Key Information Document. Please read these before taking any investment decision. Copies can be obtained from: https:// octopusrenewablesinfrastructure.com, orit@octopusenergygeneration.com. The value of investments may go down as well as up, and investors may not get back the full amount invested. x6 x11 # Portfolio at a glance ORIT’s impact goal: accelerate the transition to net zero ORIT classifies itself as an impact fund with a core objective to accelerate the transition to net zero through its investments - building and operating a diversified portfolio of renewable energy assets. As a Sustainable Finance Disclosure Regulation ("SFDR") Article 9 product, ORIT targets 100% EU Taxonomy-aligned investments, with a set minimum threshold of 85%, assessed by the Investment Manager with the support of external tools, but not formally audited or independently verified. This enables its investors to contribute to the ‘Just Transition’, encouraging wider and fairer distribution of benefits as the world switches to clean energy. ORIT’s Impact Strategy reflects its culture, values and activities through three lenses: Performance, Planet and People – ensuring ESG risk integration and maximising environmental and social benefits beyond climate mitigation. Note: The decision to invest should consider all characteristics and objectives of the fund as described in its legal documentation. Total number of assets # 39 # 1,311 GWh Potential annual renewable electricity generation 5 # 352k Estimated annual equivalent number of homes that could be powered by clean energy 5 # 357k Estimated annual equivalent tonnes of carbon that will be avoided 5 # 1.8m Estimated annual equivalent no. of new trees required to be planted to avoid the same carbon 5Portfolio breakdown (Committed GAV: £0.9bn) 6Asset phase Country Performance: • Ermine Street and Penhale have been awarded contracts to participate in flexibility services with National Grid Electricity Distribution, which procures temporary adjustments in generation to support local network constraints. This is expected to generate c.£17k of incremental revenue for FY26, providing a low-risk additional income stream with no impact on generation, Power Purchase Agreements or Renewable Obligation Certificate revenues. Planet: • ORIT’s BizGive programme for its Finnish wind farms approved several planet-focused initiatives to support local biodiversity, including maintaining community nature trails, supporting lake restoration, clearing invasive species and promoting environmental awareness, helping to protect natural habitats and enhance ecological value across the surrounding local areas. People: • ORIT continues to support communities through its community benefit funds, with £113,000 from Cumberhead Wind Farm approved via South Lanarkshire Council to fund youth leadership, community centre improvements and outdoor learning. • The first Bonanza Create Lab45 workshop in Scotland launched successfully, with students developing and pitching sustainable ideas such as drone seed dispersal and fast fashion recycling and sparking interest in green careers. SFDR Article 9£408k FY 2026 dedicated impact budget # £695k community benefit funds budget Factsheet 31 March 2026 page 2 of 4 Total capacity7 # 740 MW Operational: 96% Developer: 4% UK: 36% Ireland: 23% France: 17% Finland: 13% Germany: 7% Developer: 4% Technology Solar: 49% Onshore wind: 34% Offshore wind: 13% Developer: 4% Current portfolio geographies Exited assets Exited geographies Onshore wind Offshore wind Solar Battery Developer This is a marketing communication. Capital at risk. Technology Country Sites Capacity pro-rated by ownership (MW) Average asset life remaining (years) Status Key information Onshore wind France 1 24 26.5 Operational French CfD UK 1 50 27.0 Operational Corporate PPA Germany 1 35 26.5 Operational German CfD Finland 2 71 25.8 Operational Fixed pricing until end of 2026 Offshore wind UK 1 42 22.5 Operational ROC Subsidised Solar UK 8 123 22.8 Operational ROC Subsidised UK 1 34* 39.3 Operational Corporate PPA France 14 120 26.2 Operational FiT Subsidised Ireland 55 241 39.3 Operational Corporate PPA Ireland 11 33 n/a Conditional Acquisition Completion expected H2 2026 Developers Ireland n/a n/a n/a n/a Floating offshore wind UK n/a n/a n/a n/a Onshore wind Canada** n/a n/a n/a n/a E-fuels UK n/a n/a n/a n/a Solar/co-located battery storage Finland n/a n/a n/a n/a Onshore wind/Solar * Capacity after partial exit (49% of holding) in December 2025. ** Simply Blue Group’s Canadian sustainable e-fuels carve out. # 86% Fixed revenue for the next two years (up to 31 March 2028) # 42% Inflation-linked revenue for the next 10 years (up to 31 March 2036) # 45% Total Leverage 8 (as at 31 March 2026) # £0.9bn Gross Asset Value 4 (as at 31 March 2026) Factsheet 31 March 2026 page 3 of 4 # Portfolio status By having committed to or invested in 14 sites at the construction stage, ORIT is actively participating in adding new capacity to the sector, having built 517 MW* to date. * This includes the exited Polish wind farms (59 MW) and Swedish wind farm (48 MW), and the six Irish solar sites (including the conditional acquisition, Irishtown - 274 MW) for which ORIT actively provided oversight of the construction. Acquired at construction stage This is a marketing communication. Capital at risk. Octopus Energy Generation, ORIT’s Investment Manager and part of Octopus Energy Group, is driving the renewable energy agenda by building green power for the future. ORIT benefits from its leading specialist renewable energy fund management team, which was set up in 2010 and invests in renewable energy assets and broader projects helping the energy transition, across operational, construction and development stages. ## 21 countries 10 invested internationally ## 4.9 GW capacity managed ## >150 Renewable Energy Professionals Computershare (Registrar) The Pavilions, Bridgewater Road, Bristol, BS13 8AE Shareholder enquiries 0370 707 1346 Montfort (Financial PR) 3rd Floor, 123 Victoria Street, London, SW1E 6DE Apex Listed Companies Services (UK) Limited (Company Secretary) 4th Floor, 140 Aldersgate Street, London EC1A 4HY Peel Hunt (Broker) 100 Liverpool Street, London, EC2M 2AT Octopus Renewables Limited (trading as Octopus Energy Generation) (delegated Investment Manager) UK House, 5th Floor, 164-182 Oxford Street, London, W1D 1NN # Key risks An investment in ORIT will place capital at risk. The value of investments, and any income, can go down as well as up, so investors could get back less than the amount invested. Neither past performance nor any forecasts should be considered a reliable indicator of future results. Actual performance will, inter alia, depend on factors such as wholesale power prices, power purchase agreements, regulatory environment, government incentives, exchange rates, inflation, grid connections, asset concentrations site performance. ORIT will invest in Renewable Energy Assets which are in development or under construction and, therefore, may be exposed to certain risks, such as permit rejection, lack of grid capacity, cost overruns, construction delay and construction defects, which may be outside ORIT’s control. Investment valuation is based on financial projections for the Company’s relevant Renewable Energy Assets. Projections will primarily be based on the Investment Manager’s assessment and are only estimates based on assumptions made at the time of the projection. 1. Dividend Yield is calculated by dividing the annual dividend per share of 6.23p for FY 2026 by the LSE closing share price as at 31 March 2026. This is not a reliable indicator of future performance. 2. The dividend targets stated are targets only and not profit forecasts. There can be no assurance that these targets will be met, or that the Company will make any distributions at all and they should not be taken as an indication of the Company’s expected future results. The Company’s actual returns will depend upon anumber of factors, including but not limited to the Company’s net income and level of ongoing charges. Accordingly, potential investors should not place any reliance on these targets and should decide for themselves whether or not the target dividend is reasonable or achievable. Investors should note that references in this announcement to “dividends” and “distributions” are intended to cover both dividend income and income which is designated as an interest distribution for UK tax purposes and therefore subject to the interest streaming regime applicable to investment trusts. 3. For the purposes of this paragraph, the “total value of all investments” shall (i) be valued on an unlevered basis, (ii) include amounts committed but not yet incurred and (iii) include Cash and Cash Equivalents to the extent not already included in the value of investments or amounts committed but not yet incurred. 4. “Gross Asset Value” means the aggregate of (i) the fair value of the Company’s underlying investments (whether or not subsidiaries), valued on an unlevered basis, (ii) the relevant assets and liabilities of the Company (including cash) valued at fair value (other than third party borrowings) to the extent not included in (i) or (ii) above. 5. All metrics are calculated based on an estimated annual renewable energy generation of the investment portfolio once fully operational and on the basis of ORIT’s equity stake. Metric is based on the latest “P50” yield assumptions for the next available full operational year (calculated biannually for operational assets unless changes to expected yield identified), including degradation that occurs naturally over the assets’ lifetimes. Equivalent tonnes of carbon avoided are calculated using the 2021 International Financial Institution’s approach for Common Default Grid Emission factors. Reference updated in January 2024 from 2019 to 2021 to reflect most recent emission factors available.Equivalent homes powered by clean energy are calculated based on most recent average household electricity usage values provided by Ofgem (UK) and Odyssee (EU). References and methodology updated in January 2024.Equivalent new trees planted in the UK are calculated based on UK Woodland and Peatland carbon statistics (0.20 tCO2/tree). References updated in January 2024 from 2021 to 2022 to reflect most recent full dataset across sources. 6. Portfolio composition on a total value of all investments basis in line with the Company’s Investment Policy as at 31 March 2025. The investments are valued on an unlevered basis and including amounts committed but not yet incurred. Sum may not add up due to rounding. 7. Excludes Irishtown (Solar) conditional acquisition 8. Total debt drawn (short-term and long-term) as a percentage of Gross Asset Value. 9. As at 31 December 2025. Assets under management defined as the sum of Gross Asset Value and capital committed to existing investments and signed (yet to be completed) deals and excludes capital available, yet to be deployed. 10. As at 31 December 2025. Number of countries includes countries of assets under management, countries in which asset investments have been exited, countries of head offices of developer company investments, and countries of presence for OEGEN origination teams. # £7.0bn 9 Onshore Wind: 26% Offshore Wind: 22% Solar: 29% Biomass & Other: 23% Disclaimer: Octopus Renewables Infrastructure Trust (“ORIT”) is an investment trust and its Ordinary Shares are traded on the premium segment of the main market of the London Stock Exchange. A decision to invest in ORIT should consider all its investment objectives and risks as described in the Annual Report and Key Information Document. Please read these before taking any investment decision. Copies can be obtained from https://octopusrenewablesinfrastructure.com/, orit@ octopusenergygeneration.com. Information provided in this document does not constitute investment advice, or a recommendation to buy, sell or transact in ORIT. This financial promotion is issued by Octopus Energy AIF Management Limited, which is authorised and regulated by the Central Bank of Ireland (Register No. C519204). Registered in Ireland. (Company Register No. 745706). In the UK this financial promotion is issued by Octopus Energy Generation, a trading name of Octopus Renewables Ltd., authorised and regulated by the Financial Conduct Authority (Financial Services Register No. 473797). Factsheet 31 March 2026 page 4 of 4 Assets under management