A message from Ann Telford, Indigo Power Board Chair. "Many of you will now know that this is an extremely difficult time for those operating in Australia’s electricity industry. Prices in the the National Electricity Market have been extremely high for an extended period, forcing some electricity retailers to turn away new customers and others to encourage their existing customers to find a new provider. The recent announcement that community-owned electricity retailer Enova had gone into voluntary administration was a shock to many of us who have been following their journey over the past six years. As the first community-owned energy retailer, Enova broke new ground in Australia, and we at Indigo Power were saddened to lose an important contributor to the effort to transition our country to a 100% renewable energy supply. Following Enova’s announcement, we have received many questions about Indigo Power’s position. I am pleased to inform you that Indigo Power is in a strong position. To deliver our electricity retail offer, Indigo Power partners with Energy Locals, who secures hedges that cover our entire customer load at a fixed price. These fixed price contracts are in place until June 30, 2023. These hedges are at slightly higher prices than those for the current financial year and our electricity tariffs will increase as a result. However, we can continue to provide electricity to our customers at a competitive rate and continue with our current growth plans. This energy crisis has highlighted the pressing need to transition away from our current reliance on fossil fuel electricity generation and to rapidly move towards renewable energy generation. To this end, Indigo Power continues to deliver projects that will see well over 1 MWh of distributed energy storage capacity across our communities. We also have two high-impact feasibility studies underway. The first we hope will create a pathway for the replication of the Yack01 community battery in our communities, and the second addresses the pumped hydro energy storage opportunity in North East Victoria. There has never been a more important time to support those leading the transition to renewable energy in Australia. With our position secure, we look forward to continuing our work over the coming year and welcoming new customers across Victoria and New South Wales as we continue to grow." Ann Telford, Indigo Power Board Chair On behalf of the Indigo Power Team

With a little over 24 hours to go, this is your last chance to invest! Have you been thinking about becoming an Indigo Power shareholder? If so, this is a sign from the universe (and our marketing team). With only one week remaining before the end of the financial year, we're excited to offer you the chance to join us as a shareholder and work with us to take collective action against climate change. Thanks to those of you who have already invested. While we have already raised over a million dollars, there are still some shares available and we'd like you to join us before the offer closes at 10 pm AEST tomorrow, 23 June 2022. So what are you waiting for!? Join us and let’s power our region with renewable energy.