Ormat Technologies Investor Presentation — August 2024

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ORMAT TECHNOLOGIES, INC.

AUGUST 7, 20242 COPYRIGHT © 2024 ORMAT TECHNOLOGIES, INC.

SAFE HARBOR STATEMENT AND NON -GAAP METRICS

FORWARD -LOOKING STATEMENTS

This presentation, and information provided during any discussion accompanying this presentation,

may contain “forward -looking statements” within the meaning ofthe Private Securities Litigation

Reform Act of1995 .These statements involve estimates, expectations, projections, goals, objectives,

assumptions and risks, and activities, events and developments that may orwill occur inthe future .

When used inorduring the course ofthis presentation, the words“may”,“will”,“could”, “should”,

“expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “projects”, “thinks”, “forecasts”,

“guidance”, “continue”, “goal”,“outlook”, “potential,” “prospect” or“target”, orthe negative ofthese

terms orother comparable terminology are intended toidentify forward -looking statements,

although not allforward -looking statements contain such words orexpressions .Such forward -looking

statements include, but are not limited to:statements about Ormat Technologies, Inc.’sand its

affiliates’ (“Ormat”) business strategy ;statements aboutOrmat’s competitive strengths ;statements

about Ormat’s development and operation ofelectricity generation, storage and energy

management assets, including distributed energy resources ;statements aboutOrmat’s other plans,

expectations, objectives and targets ;statements aboutOrmat’s views onmarket and industry

developments and economic conditions, and the growth ofthe markets inwhich Ormat conducts its

business ;and statements about thegrowth and diversification ofOrmat’s customer base andOrmat’s