A G L S U S TA I N A B I L I T Y R E P O R T 2 0 1 5 | A B O U T A G L

About AGL
About AGL Drawing on over 175 years of experience, AGL operates
retail and merchant energy businesses, diverse power
generation assets, and an upstream gas portfolio.
AGL is one of Australias leading integrated energy companies, and the largest ASX-listed owner, developer
and operator of renewable generation assets in the country. An ASX 50 listed company with over 3.7 million
customer accounts and 3,617 employees1, our business purpose is to harness insights to enrich the
customers energy experience.
Our brand promise of Actions, not words sums up the way in which we do business with our stakeholders.
This brand promise springs from a set of wider values that work as an ethical compass guiding our people
intheir behaviour and decision-making processes. These values are:
>> Safe and Sustainable
>> One Team
>> Delivery
>> Authentic
>> Vitality

New AGL strategic roadmap

In May 2015, AGL announced a new strategic roadmap to improve return on funds employed (ROFE)
anddeliver sustainable earnings growth. The strategic roadmap builds on AGLs strengths, recognising
thechallenges and opportunities in the existing business and the evolving energy industry. The strategy
will increase business productivity, drive retail profit growth and position AGL for success as the energy
industrytransforms. It recognises that an organisational transformation will be required, including the
creation of ananticipatory culture and a commitment to an orderly transition to a carbon constrained future.
This roadmap will be delivered through three key components:
1. Organise for transformation: align structure with strategy; create anticipatory culture
2. Drive productivity: improve capital allocation; improve operational efficiency
3. Unlock growth: grow retail energys share of value; invest in business models which
exploitnewtechnologies.
Further information is available in AGLs FY2015 Annual Report.

Location of our significant assets

AGL has a diverse power generation portfolio including base, peaking and intermediate generation
plants, spread across traditional thermal generation as well as renewable sources including hydro, wind,
solar, landfill gas and biomass. We also have an upstream gas portfolio comprising coal seam gas (CSG)
projectsas well as gas storage facilities. Visit our website for more information on how we source energy.

This report is published as an interactive online report at agl2015.sustainability-report.com.au. Visit the website to access the Sustainability Data Centre and other online features.
A G L S U S TA I N A B I L I T Y R E P O R T 2 0 1 5 | A B O U T A G L

About AGL
Not operated by AGL ^ Capacity represents AGLs 50%
About AGL financial interest in the joint
Operated by AGL
venture.
# Projects under ^^ Capacity represents AGLs 50%
development/ financial interest in the output
construction from the power station.

Diamantina Yabulu Power Station

Joint Venture 121 MW ^^
151 MW ^
(Includes Diamantina and
Leichhardt Power Stations)
ATP 1103
968 PJ

Moranbah
Joint Venture
285 PJ

Galilee
Gas Project
Silver Springs Bayswater Power
Gas Project Station
57 PJ 2,640 MW
Liddell Power
Station
2,000 MW
Hunter Valley
Silver Springs Gas Turbines
Broken Hill
Solar Plant # Gas Storage 50 MW
53 MW 35 PJ
Nyngan Hunter
Solar Plant Gas Project
Hallett
Wind Farms 102 MW Gloucester
351 MW Gas Project
462 PJ
Camden
Gas Project Newcastle
41 PJ Gas Storage
1.5 PJ
Oaklands Hill Eildon
Wind Farm Power Station
63 MW 135 MW
Dartmouth
Power Station
Wattle Point
180 MW
Wind Farm
91 MW Kiewa Scheme, Mckay,
Bogong, Clover, West Kiewa
391 MW

Somerton Loy Yang A Power

Power Station Station And Mine
Torrens Macarthur 150 MW 2,210 MW
Island Power Wind Farm
Station 420 MW
1,280 MW

Notes to the map

>> The assets listed and displayed on the map comprise upstream gas projects and power generation assets
50MWandabove as at 30 June 2015. Operated as well as partly owned or non-operated assets are included.
>> All gas reserves shown are AGLs net equity interest in 2P reserves. 2P, or proved plus probable,
reservesarethosequantities of gas that are estimated with equal certainty to be greater than or less
thanactualcommercially recoverable quantities.
>> Under a 50-year project agreement that commenced in 2000, AGL has no effective exploration rights (orongoing cost
obligations) within exploration tenement ATP 1103 as these were assigned to Arrow EnergyLimited. However, AGL is
entitled to participate up to a 50% interest in any commercial developmentbycontributing its share of past costs.

This report is published as an interactive online report at agl2015.sustainability-report.com.au. Visit the website to access the Sustainability Data Centre and other online features.
A G L S U S TA I N A B I L I T Y R E P O R T 2 0 1 5 | A B O U T A G L

About AGL
About AGL
Projects under development and construction
AGL has a range of projects in different stages of development to deliver strategic depth and flexibility
toitselectricity generation, gas production and storage portfolios.
As at 30 June 2015, the following projects were under construction and/or commissioning:
>> 53 MW solar plant at Broken Hill in New South Wales.
During FY2015, the following projects commenced commercial operation:
>> 102 MW solar plant at Nyngan in New South Wales (achieved practical completion in June 2015).
>> 1.5 PJ Newcastle Gas Storage Facility at Tomago in New South Wales (officially
openedon12June2015).
In addition, Diamantina Power Station, in which AGL has 50% interest (but does not operate),
officiallyopened on 3 December 2014.
For more information about these projects, visit the Nyngan Solar Plant, Broken Hill Solar Plant
andNewcastle Gas Storage Facility pages on our website.

Investments and divestments

Material acquisitions and divestments made during FY2015 comprised:
>> On 2 September 2014, AGL acquired the assets of Macquarie Generation from the New South Wales
Government, principally comprising the Bayswater (2,640 MW) and Liddell (2,000 MW) coal-fired power
stations and the Hunter Valley Gas Turbines (50 MW).
>> Energy Connections NSW, a gas and electricity connections business, based in Bathurst
andSydney,New South Wales.
>> Connectnow, a moving home connections service for customers, based in Melbourne, Victoria.
Although not owned or operated by AGL, until 31 December 2014 AGL had control of the dispatch
rightsforthe Oakey Power Station in Queensland. This arrangement has now ceased.
On 13 October 2014 AGLs Hydrocarbon Extractions plant in Kurnell was shut down following
theclosureofthe adjacent Caltex refinery.
In July 2015, AGL announced its intention to divest the Hunter Gas Project (PELs 4 and 267), PEL
2 andAGLs Queensland gas assets, namely Galilee, Cooper Oil and Moranbah. Hunter properties
andtheviticulture and agriculture businesses will also be divested. Refer to the Gas supply section
forfurtherinformation.

1. Based on headcount.

This report is published as an interactive online report at agl2015.sustainability-report.com.au. Visit the website to access the Sustainability Data Centre and other online features.