Step 1: Convert the magnetic field amplitude into an electric field amplitude first.
For an EM wave, $E_0 = cB_0$:
\[
E_0 = (3\times10^8)(2.2\times10^{-4}) = 6.6\times10^4\ \text{V/m}
\]
Step 2: Use the standard intensity formula in terms of $E_0$.
\[
I = \frac12\epsilon_0 c E_0^2
\]
Step 3: Substitute and compute.
\[
E_0^2 = (6.6\times10^4)^2 = 4.356\times10^9
\]
\[
I = \frac12(8.854\times10^{-12})(3\times10^8)(4.356\times10^9) \approx 5.8\times10^6\ \text{W/m}^2
\]
\[
\boxed{5.8\times10^6\ \text{W/m}^2}
\]