1. Global University Venturing Summit Open innovation, Corporations and Universities – are we speaking the same language ?

2. Everybody speaks about innovation… Source: www.businessdictionary.com …the process of translating an idea or invention into a good or service that creates value for which customers will pay. Innovations are divided into two broad categories: Evolutionary innovations that are brought about by many incremental advances in technology or processes Revolutionary innovations also called discontinuous innovations which are often disruptive and new

3. European utility business model under continuous threat -65% ESTX – European utility index Source: www.comdirect.de/inf/indizes

4. European energy transformation offers many opportunities

5. Traditional R&D for evolutionary innovations Gas/oilCoal-basedElectricity gridsResidential households >Reservoir characterisation >Sedimentation and maturity history >Gas hydrates >CCS/CCU* >Lignite drying >High temperature materials >Coal quality RenewableElectricity storageTransport >Wind offshore >Biogas production >Marine energy >E-mobility >Comparison H 2 vs.electric drive Mining >Automation of large-scale equipment >Diagnosis conveyor-belt systems >Groundwater modelling NuclearGas grids/reservoirsIndustry/commerce >Distributed electricity and heat supplies >Gas sensors >Pipeline integrity monitoring >Smart grids >High Voltage DC >Superconductivity >Smart metering >Smart home >Compressed-air storage >Distributed storage via batteries of electric cars >Safety >Securing of know-how >Dismantling ApplicationTransport/storagePower generationUpstream Overarching technology and systems analysis * CCS/CCU: Carbon Capture and Storage/Usage;

6. Kooperationsvertrag RWE R&D is building first of all on specific projects as a content driven structure Strategic Partners : Cooperation with a University on multiple topics with multiple faculties Special Partners : Cooperation with one specific faculty of a university with multiple projects R&D Projects One off specific topic with a specific faculty of a university Over 200 projects RWE is working with over 100 different universities and research institutes

7. Identifying the disruptor is the ultimate target for RWE’s corporate venturing approach Source: “The Innovator’s Manifesto”, M.E.Raynor Sustaining existing business AutonomousIncumbent YesNo YesNo SucceedFail YesNo New Productivity FrontierFail YesNo Strategic Differentiator Enabling Technology YesNo Strategic Innovator Disruptor

8.  Business models  Market drive  Capital efficiency & leverage  Entrepreneurial  Return opportunity  Test lab for innovation  Make or buy  Failure acceptance Engine Strong deal flow Fast & Rigorous Accountable Community Entrepreneurs Co-Investors Top ranked Portfolio High growth Technology leader Disruptive IVC Team Partner Customer RWE‘s open innovation universe opportunities options

9. Strict European focusPortfolio diversified across technology sectors European, renewable, diversified portfolio Enabling Renewable Energy Efficiency Renewable Generation E-Mobility Smart Grids