Vestas infomøte vindkraft i Åfjord 01.06.2017

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Vestas Service Northern Europe - Norway Thomas Baardsgaard – Area manager Service - Fosen 02-05-2017


Vestas in brief Vestas Business model Vestas organisation Service organisation Vestas Service Norway Status development Service Norway Aims for Vestas Service Fosen activity i Fosen

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Vestas in brief The only global wind energy company

+ 21,800

We employ more than 21,800 people worldwide and have more than 35 years of experience with wind energy

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+ 37,000 We have more than 37,000 turbines under service agreements, or more than 71 GW

+ 59,909

â‚Ź 10.2b

We have more than 59,909 turbines or close to 82 GW cumulative installed capacity in 76 countries worldwide spanning six continents

Vestas revenue for the full year 2016 was EUR 10.2bn


Vestas locations Vestas has a unique global reach in manufacturing, sales and installation

Global Headquarters Sales & Service Production Research

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Business model

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Vestas’ value chain World leading wind energy solutions with a comprehensive range of capabilities

Project planning & design Ensuring high quality project planning and design helps us to maximise total return on investment from project start up.

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Procurement & manufacturing Vestas works closely with customers to meet their individual needs and requirements for procurement and manufacturing.

Construction & installation Vestas possesses construction and installation expertise to coordinate cooperative efforts or assumes full responsibility for wind power plant construction and commissioning.

Operation & maintenance Vestas provides preventative and corrective service and maintenance for consistently optimised performance.


Vestas Services Business areas

Parts & Repair

Benefit from a truly global supply chain and a strong local presence to decrease your Operations and Maintenance (O&M) cost.

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Maintenance Partnering Maximise the availability of your wind park with the most experienced maintenance partner in the industry.

Fleet Optimisation Optimise your business with upgrades designed to improve the performance of your wind park.

Data & Consultancy Services Utilise fleet wide overview and the ability to optimise your business based on smart data.


Service Organization Norway – Back Office Director DK/ NO Senior Manager Planning Manager DK/NO

Transport Coordinator

Technical Planner

CSM/Admin. Manager DK/NO

ESL DK/NO

Scheduler

ECC

Safety Coordinator

Admin.

Key Account Manager

CSM Manager


Service Organization Norway - Execution Director DK/ NO Senior Manager

Area Manager

Area Manager Fosen

BPE

Site Supervisor Hamnefjell

Site Supervisor Raskiftet

Site Supervisor Other sites

Site Supervisor Roan

Site Supervisor Storheia

Site Supervisor Hitra II

Site Supervisor Kvenndalsfjellet

Service Technicians

Service Technicians

Service Technicians

Service Technicians

Service Technicians

Service Technicians

Service Technicians


Area Manager Fosen Thomas Baardsgaard

Site Supervisor Roan

Service technicians John Arne Moen Peter Sørensen Simen Kisfoss Petter Gridsvåg Bjørn Erik Melum XXX XXX XXX

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Site Supervisor Storheia

Service technicians

Corporate Slide Deck Q4/2016 (Public)

Site Supervisor Hitra II

Site Supervisor Kvenndalsfjellet

Site Supervisor Harbakk

Service technicians

Service technicians

Service technicians

Site Supervisor Geitfjellet/Snillfjord

Service technicians


Vestas knows more about the wind than anyone else +81 GW

+35

Installed capacity

Years of experience

â‚Ź 10.2b

+37,000 Wind turbines under service contracts* *AOM2000-5000 service contracts and AOM1000 operational support 11

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100% dedicated to wind

+21,800

Vestas revenue for the full year 2016 was EUR 10.2bn

Employees working only with wind across all continents


The market for wind continues to grow

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Source: Bloomberg New Energy Finance

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Manufacturers

Primary Industry

@MLiebreich

Retailers and FMCG

Vestas Board Meeting, Madrid, 18 September 2015

Media and Software

Retailers and FMCG

Manufacturers

Media and Software

Financial Services

Selected commercial builders or buyers of renewable energy

SELECTED COMMERCIAL BUILDERS OR BUYERS OF RENEWABLE ENERGY

Financial Services

Michael Liebreich

Technological advancements making wind ever-more competitive

Images: Various; Bloomberg New Energy Finance

Primary Industry

Multinationals turning to wind


Vestas receives 1 GW order in Norway Fosen Vind DA, a joint venture company owned by Statkraft and TrønderEnergyi and the European investor consortium Nordic Wind Power DA, placed a firm and unconditional order for 1001 MW. Consisting of 248 units of V117-3.45 MW and 30 units V112-3.45 MW turbines (all with power optimised mode to 3.6 MW) the order is a testament to the flexibility of Vestas’ product portfolio. “The order affirms the competitiveness of Vestas’ wind power solutions and that wind power provides an attractive long-term energy investment that goes well beyond its climate and sustainability benefits. Investing in wind power simply makes economic sense,” says Klaus Steen Mortensen, President, Vestas Northern Europe.

Announced Q1 14

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2,000 working days without Lost Time Injuries Vestas’ test facility in Chennai reached a tremendous safety milestone and highlighted Vestas’ continuous focus on safety. In 2015, Vestas’ workforce increased by 20 percent while Vestas reduced lost time injuries per one million working hours for the 10th year in a row. Among other things, this positive development is driven by dedicated employees, including those at the Vestas Validation and Reliability centre in Chennai, which reached 2,000 working days without Lost Time Injuries. “Accountability, collaboration and teamwork have been key to reaching this milestone. A safe working environment can only be achieved with full commitment from all colleagues in the team. Safety is everybody’s responsibility,” says Consultant at the Validation and Reliability centre, Shahinsha Rasheed. Announced Q1 15

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Vestas continues investing in industry-leading innovation Multi-rotor concept demonstration turbine installed in Denmark to assess if we can build an even more cost-efficient turbine by challenging the scaling rules In cooperation with the Technical University of Denmark, Vestas has installed a concept demonstrator to test the technical feasibility to operate and control a multi-rotor turbine. Anders Vedel, Executive Vice President, Vestas Technology & Service Solutions said: “It is essential that Vestas’ product portfolio remains versatile enough to deliver high performance in a wide array of different market conditions – and also innovative enough to succeed in markets with different energy systems and requirements. And we see a great opportunity – and need – to continuously explore alternative concepts to cover the world’s rapidly growing energy demand in a sustainable way, while simultaneously continue lowering the cost of energy our products deliver”.

Announced Q2 16

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Business starts with safety Safety is paramount in everything we do – safety comes first at Vestas Safety a fundamental element of our business •

Unified approach to safety

Global safety processes

Safety introduction programmes

Incident management •

Vestas incident management system – global knowledge sharing

Contractor safety •  Pre-qualification and intensified tracking of safety performance •  Global Contractor Health and Safety Requirements

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Vestas aim for Fosenvind deliveries is: Make sure that the Wind powerplants runs as promised in the agreements with Fosenvind. Cooperate with the host communities in a professional and polite manner.

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Conclusion

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Thank you for your attention

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Corporate Slide Deck Q4/2016 (Public)


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