ARCADIA ENERGY - Key Persons

Job Titles:

• General Manager, Generation and Renewables Trading

Anthony started his career in the agricultural commodities sector before transferring his risk management knowledge to the Australian electricity market when it first deregulated in 1998. As Manager of Contestable Business Trading with the Queensland government-owned electricity generator and retailer, Ergon Energy, he managed the largest contestable electricity portfolio in the National Electricity Market for close to a decade. The close working relationships he developed with customers helped him to develop new financial and risk products which are still widely used today. At Arcadia, which he co-founded in 2007, Anthony has again drawn on his deep and wide understanding of commodity markets to develop products and services for clients participating in emerging markets in Australia as well as the wider Asia Pacific region. He has supported over 2500 megawatts of proposed power for solar, wind, hydro and biomass projects. His ability to solve challenges, navigate complex regulatory environments, reduce financial risk, minimise delays, save money and to simply get the job done has helped him to become a trusted business partner for numerous electricity retailers, generators and large market end-users. As the renewable energy transition has built momentum, Anthony has led Arcadia's renewable energy business finding solutions to the challenges faced by participants including: Assisting with the management of renewable generation's firm/non-firm risk; Providing opinion and education on the Australian wholesale energy market; Providing opportunities and pathways to monetise renewable generation via the wholesale marketplace; and Providing reporting structures in both front and middle office that ensures market risk is reduced and reported consistently. Qualifications Australian Financial Markets Association Accredited Dealer for Foreign Exchange Australian Financial Markets Association Diploma of Financial Services - Foreign Exchange Australian Financial Markets Association Diploma of Financial Services - Electricity Specialist Responsible Manager under Arcadia Australian Financial Services Licence Leadership Foundations - Mt Eliza Business School

Job Titles:

• General Manager, Fuels and Power Trading

James co-founded Arcadia Energy in 2007 following a 20 year career in the energy industry which spanned roles with international oil major BP and Queensland government-owned electricity generator and retailer Ergon Energy. His role at BP included senior commercial appointments in London and new York where his remit covered the full spectrum of the global oil business including operations, logistics, refining and trading. When Ergon was formed in 1999, James was recruited to establish the company's electricity trading business. As General Manager Trading, he was responsible for the risk management of a 20 TWh per annum retail electricity book and was a senior member of the commercial team that managed the $1.2 billion sale of the business to AGL in 2007. At Arcadia, James applies his wealth of petroleum markets experience to answer fuel storage and supply challenges for clients throughout Australia and the wider Pacific region, particularly those in remote locations. Additionally, James and Anthony manage Arcadia's electricity risk management business delivering products specifically designed to assist retailers, large energy users and new entrant generators in Australia's National Electricity Market. These products include: Hedging "vanilla" and half hourly exposures to the electricity spot price; Managing customer load flex; Cash flow sensitive hedging strategies; Transfer pricing methodologies and linkage to the wholesale market; Managing AEMO prudential obligations; and Measuring, managing and reporting risk positions in electricity.

Patrick was a co-founder of Arcadia in 2007 and a trusted expert to all in the Australian wholesale electricity market for over 20 years. Brilliant at building relationships in addition to his outstanding market knowledge, Patrick was diagnosed with brain cancer in 2021 ultimately losing his battle to the disease in November 2022.