Nature of the assessment item: You will be given a short stock report byprofessional stock research provider and other data sources. Do and deliver a presentation based on these reports and your own analysis using the databases for a given company bellow (AGL energy). Analysis will be valuable and insightful. The idea is that this is your own stock report and related data sources, and you are presenting it to investors. Your aim is to convincing investors to follow your investment recommendation (BUY, SELL, HOLD, etc.). You are required to use additional materials (check the recommended databases) outside the report to enhance the content of the presentation. You are expected to discuss some of the financials (such as data and ratios) and valuation, as well as some non-financial (such as business strategies) in your presentation as well as the industry

Description of Assessment Criteria Below are some hints on how to address the presentation marking criteria for this stock pitch well. Introduction o Who you are; o Your topic (referred to as "the item" in this document). o Identify what the main purpose of your presentation. o Key areas to be covered in your presentation. Content(Has a thorough knowledge of the content and consistently demonstrated originality in its presentation) ? As a presenter of the topic you should explain major relevant points in the structured and logical way. ? It is important to research the topic well and have a good knowledge of the topic you are discussing. You might need to check other sources to understand the material presented in the report. When you discuss the information not presented in the report, make sure you make a proper references in your slides/presentation (author- date style is preferred), e.g. Smith (2018), together with reference list on the last slide. ? You are expected to present numerical information from the stock report and other sources. Make sure you use appropriate numbers and ratios to enhance your presentation. You can fully use the stock report but should show some of your own analysis using various data sources.

Conclusion (Clear and concise summary with effective links to the introduction and body of the presentation) ? The conclusion is a wrap up of what you have covered in your presentation and a key message about the item that you want the audience to take away - remember the audience is likely to remember your conclusion the most out of the presentation.

Mark Busuttil AC (61-2) 9003-8619 mark.busuttil@jpmorgan.com Asia Pacific Equity Research 30 January 2024 J.P.Morgan Analyst Certification: The Research Analyst(s) denoted by an "AC" on the cover of this report certifies (or, where multiple Research Analysts are primarily responsible for this report, the Research Analyst denoted by an "AC" on the cover or within the document individually certifies, with respect to each security or issuer that the Research Analyst covers in this research) that: (1) all of the views expressed in this report accurately reflect the Research Analyst's personal views about any and all of the subject securities or issuers; and (2) no part of any of the Research Analyst's compensation was, is, or will be directly or indirectly related to the specific recommendations or views expressed by the Research Analyst(s) in this report. For all Korea-based Research Analysts listed on the front cover, if applicable, they also certify, as per KOFIA requirements, that the Research Analyst's analysis was made in good faith and that the views reflect the Research Analyst's own opinion, without undue influence or intervention. All authors named within this report are Research Analysts who produce independent research unless otherwise specified. In Europe, Sector Specialists (Sales and Trading) may be shown on this report as contacts but are not authors of the report or part of the Research Department. Important Disclosures Market Maker/ Liquidity Provider: J.P. Morgan is a market maker and/or liquidity provider in the financial instruments of/related to AGL Energy. Client: J.P. Morgan currently has, or had within the past 12 months, the following entity(ies) as clients: AGL Energy. . Client/Non-Investment Banking, Securities-Related: J.P. Morgan currently has, or had within the past 12 months, the following entity(ies) as clients, and the services provided were non-investment-banking, securities-related: AGL Energy. Non-Investment Banking Compensation Received: J.P. Morgan has received compensation in the past 12 months for products or services other than investment banking from AGL Energy. Debt Position: J.P. Morgan may hold a position in the debt securities of AGL Energy, if any. Company-Specific Disclosures: Important disclosures, including price charts and credit opinion history tables, are available for compendium reports and all J.P. Morgan-covered companies, and certain non-covered companies, by visiting https://www.jpmm.com/research/disclosures, calling 1-800-477-0406, or e-mailing research.disclosure.inquiries@jpmorgan.com with your request. AGL Energy (AGL.AX, AGL AU) Price Chart Date Rating 18 04-Feb-21 OW N A$11 N A$7.8 W A$7.55 OW A$9.47 OW A$10 OW A$9.85 N A$11.2 OW A$13.4 03-Mar-21 OW 11.85 9.45 Price (A$) Price Target (A$) 14 14.05 16 OW A$14.05 A$8.6 W A$7.65 OW A$8.75 A$9.15 A$10.6 OW A$10 N A$10.25 A$14 30-Mar-21 N 10.17 11 03-Jun-21 N 8.35 8.8 14 OW A$14 A$8.8 OW A$7.55 OW A$8.7 DW A$9.3 15 OW A$9.5 OW A$10.25 $14.3 05-Jul-21 N 8.13 8.6 12 12-Aug-21 N 7.60 7.8 Price(A$) 22-Sep-21 OW 5.52 7.55 10 06-Oct-21 OW 5.74 7.65 02-Nov-21 OW 5.65 7.55 8 12-Jan-22 OW 6.96 8.7 10-Feb-22 OW 7.53 8.75 6 11-Apr-22 OW 8.45 9.4 20-Apr-22 OW 8.80 9.3 4 May Sep 21 21 22 12 Jan May 22 22 Sep Jan 23 May 23 Sep Jan 03-May-22 OW 8.62 9.15 23 24 09-May-22 N 8.35 8.7 31-May-22 N 8.72 9.15 Source: Bloomberg Finance L.P. and J.P. Morgan; price data adjusted for stock splits and dividends. Initiated coverage Nov 02, 2006. All share prices are as of market close on the previous business day.. 19-Jul-22 OW 8.15 10.6 19-Aug-22 OW 8.16 10 29-Sep-22 OW 6.60 9.5 22-Dec-22 OW 8.04 10 09-Feb-23 OW 7.94 9.85 12-May-23 OW 8.76 10.25 16-Jun-23 N 9.66 10.25 11-Jul-23 N 11.03 11.2 17-Jul-23 OW 11.40 14.3 10-Aug-23 OW 11.58 14 10-Jan-24 OW 9.47 13.4 10 10