$Exp(0) = 1 = 2^0$ is trivially correct (hard coded) by the algorithm.
Assume the algorithm holds for values of $n$ up to $k$. Now consider the algorithm for input $n = k+1$. We compute $Exp(n) = Exp(k+1)$ using the algorithm:
In the case that $n = k+1$ is even:
The algorithm computes $temp = Exp(\frac{k+1}{2})$. After this step $temp$ holds the correct value for $2^{\frac{k+1}{2}}$ because we assumed the algorithm is correct for values up to $k$ [1]. The algorithm correctly returns $temp*temp = 2^{\frac{k+1}{2}}*2^{\frac{k+1}{2}} = 2^{k+1}$.
In the case that $n = k+1$ is uneven:
The algorithm computes $temp = Exp(\frac{n-1}{2}) = Exp(\frac{k+1-1}{2}) = Exp(\frac{k}{2})$. After this step $temp$ holds the correct value for $2^{\frac{k}{2}}$ because we assumed the algorithm is correct for values up to $k$ [1]. The algorithm correctly returns $temp*temp*2 = 2^{\frac{k}{2}}*2^{\frac{k}{2}}*2 = 2^{k+1}$.
i.e. since $Exp(0) = 1$ is trivially correct by the algorithm and we showed that the algorithm is correct for $Exp(n+1)$ if $Exp(n)$ is correct; it follows that the algorithm is correct for every $n \geq 0$.
[1] Technically you also have to show that $\frac{k+1}{2} \leq k$ and $\frac{k}{2} \leq k$ for every $k > 0$ but that seems easy enough to prove.