#1Investor Presentation Lisbon, September 2021 edp#2Disclaimer edp This document has been prepared by EDP - Energias de Portugal, S.A. (the "Company") solely for use at the presentation to be made on this date and its purpose is merely of informative nature and, as such, it may be amended and supplemented and it should be read as a summary of the matters addressed or contained herein. By attending the meeting where this presentation is made, or by reading the presentation slides, you acknowledge and agree to be bound by the following limitations and restrictions. This presentation may not be distributed to the press or to any other person in any jurisdiction, and may not be reproduced in any form, in whole or in part for any other purpose without the express and prior consent in writing of the Company. This presentation and all materials, documents and information used therein or distributed to investors in the context of this presentation do not constitute or form part of and should not be construed as, an offer (public or private) to sell or issue or the solicitation of an offer (public or private) to buy or acquire securities of the Company or any of its affiliates or subsidiaries in any jurisdiction or an inducement to enter into investment activity in any jurisdiction. Neither this presentation nor any materials, documents and information used therein or distributed to investors in the context of this presentation or any part thereof, nor the fact of its distribution, shall form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever and may not be used in the future in connection with any offer (public or private) in relation to securities issued by the Company. Any decision to invest in any securities of the Company or any of its affiliates or subsidiaries in any offering (public or private) should be made solely on the basis of the information to be contained in the relevant prospectus, key investor information or final offering memorandum provided to the investors and to be published in due course in relation to any such offering and/or public information on the Company or any of its affiliates or subsidiaries available in the market. Matters discussed in this presentation may constitute forward-looking statements. Forward-looking statements are statements other than in respect of historical facts. The words "believe," "expect," "anticipate,” “intends,” “estimate,” “will,” “may", "continue," "should" and similar expressions usually identify forward-looking statements. Forward-looking statements include statements regarding: objectives, goals, strategies, outlook and growth prospects; future plans, events or performance and potential for future growth; liquidity, capital resources and capital expenditures; economic outlook and industry trends; energy demand and supply; developments of the Company's markets; the impact of legal and regulatory initiatives; and the strength of the Company's competitors. The forward-looking statements in this presentation are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in the Company's records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Important factors that may lead to significant differences between the actual results and the statements of expectations about future events or results include the company's business strategy, financial strategy, national and international economic conditions, technology, legal and regulatory conditions, public service industry developments, hydrological conditions, cost of raw materials, financial market conditions, uncertainty of the results of future operations, plans, objectives, expectations and intentions, among others. Such risks, uncertainties, contingencies and other important factors could cause the actual results, performance or achievements of the Company or industry results to differ materially from those results expressed or implied in this presentation by such forward-looking statements. The information, opinions and forward-looking statements contained in this presentation speak only as at the date of this presentation, and are subject to change without notice unless required by applicable law. The Company and its respective directors, representatives, employees and/or advisors do not intend to, and expressly disclaim any duty, undertaking or obligation to, make or disseminate any supplement, amendment, update or revision to any of the information, opinions or forward-looking statements contained in this presentation to reflect any change in events, conditions or circumstances. Investor presentation 2#3We have accelerated growth and expanded to new geographies across different technologies Continued accelerated growth in +2.1 GW (1) of Wind & Solar Gross renewables... Strong execution capacity added over the last 12 months on capacity edp Accelerated & sustainable ...entrance into new markets with regulatory growth stability & high growth prospects deployment LT contracts secured: +2.9 GW Capacity U/C as of June-21 +6.7 GW Secured for 2021-2025 +3.7 GW PPAs under neg. & shortlisted 2.5 GW 1.1 GW 0.1 GW +0.4 GW 25Y CfD Secured in Offshore (2) (1) EBITDA MW + Equity MW | (2) COD post 2025 (Poland). * On track to deliver 20GW Gross Additions by 2025 Investor presentation 3#4We have 6.7 GW capacity additions secured for 21-25 while maintaining a disciplined investment criteria edp 64% of Capacity Secured for 2021-23 additions... GW 6.7 0.3 2.5 3.9 ...while maintaining a selective and disciplined investment approach Accelerated & sustainable growth Target Actual IRR/WACC >1.4x ~1.5x 3.6 Installed YTD & U/C - IRR WACC >200bps ~320bps NPV/ Capex >25% ~30% Wind Onshore Solar PV Offshore Net MW Secured Capacity % NPV contracted >60% >60% Investor presentation 4#5We have a policy of contracting major equipment upfront at fixed price mitigating concerns on capex cost inflation edp Major equipment fully contracted (1) ~85% Major equipment partially to be contracted (2) ~10% Investment decision post increase of Equipment prices ~5% EDPR secured capacity 2021-23 Accelerated & sustainable growth Fixed price with no commodity risk for EDPR Mostly for 2023 CODs, for which prices are under less pressure Higher equipment prices (3) already embedded in investment decisions based on quotes from suppliers, translating into slight increase in bids 6.7 GW Solid returns with ~320bps spread to WACC (1) WTG for wind projects; Modules; Trackers and Inverters for solar projects | (2) Capacity which has Major equipment partially contracted, but not fully | (3) Overall impact on project capex of ~5% for wind and 10% for solar. Investor presentation 5#6We are delivering on Asset Rotation execution with €2.2 Bn of proceeds secured at attractive multiples edp EV/MW €m Gain €101m Gain/MW €250k €0.5 Bn 1.75 & 1.25 1.6 Accelerated & sustainable growth €2.2 Bn ~28% €8 Bn target Bright Stalk & Indiana Crossroads Harvest Ridge Wind B&T Wind Portugal Wind Poland Riverstart Solar Indiana Crossroads Total proceeds Solar B&T secured 405 MW 68% 302 MW 100% 221 MW 100% 149 MW 100% 200 MWac 80% 302 MW 100% 1.478 MW Completed Signed Signed Signed Signed Signed Jun-21 Oct-19 Jul-21 Jul-21 Sep-20 Mar-21 On track +€300m capital gains in 2021 Investor presentation 60#7We continue to witness a policy environment highly supportive of the energy transition edp June-21 О ITC & PTC eligibility extension 10-Aug 24-Aug 17-May ○ 2-year eligibility extension Phase down schedule pushed forward 2 years Extension based on safe- harboring Approval of USD 1.2 trillion infrastructure bill, including USD 73 billion investment in power grids House of Democrats approval of USD 3.5 Trillion budget resolution * 14-Jul О Accelerated & sustainable growth EU Fit for 55 legislative package focusing in cutting emissions by at least 55% vs. 1990 levels, until 2030 Increased share of renewable energy from 32% to 38-40% by 2030 Additional support on PPAs to help SMEs engage in such contracts Reinforce EU ETS (CO2 market) IEA Net-Zero roadmap calls for unprecedented growth, with Renewables representing ~90% of electricity generation by 2050 and Wind and Solar together accounting for 70% Source: Whitehouse.gov | EU commission | IEA. Investor presentation 7#8We are delivering strong operational performance in Networks, on track edp to crystalize value in a high-quality assets' portfolio Strong performance in Network driven by growth, efficiency & digitalization Working on an Asset Rotation business model in Transmission in Brazil Accelerated & sustainable growth Key 1H20 1H21 8 lines: 1.578 km Figures +14% Dist. Volumes (TWh) 37 42 Smart meters (%) (1) +10 p.p. 1.059 km Under construction 47% 57% 519 km In operation OPEX Savings (2) -5% YoY on increased digitalization & lower headcount Viesgo Integration Collective agreement Synergies of track (1) Portugal | (2) OPEX cash recurring on a like-for-like base (ex-growth). Lote 24 (ES) COD: Dez-18 MGTE 100% Lote 11 (MA) 100% Lote 07 (MA) 99,3% COD: Stage 1: Jan-20 Stage 2: Aug-20 COD: Stretch 1: Mar-21 Stretch 2: U/C Lote 21 (SC) COD 92,9% Stretch 1: Jun-21 Stretch 2: U/C Lote 18 (SP-MG) U/C 85% Lote Q (SC-RS) 50,1% COD Stretch 1: May-21 S Stretch 2: U/C Lote MGTE (MA) U/C 35% Lote 1 (AC-RO) New Acquisition U/C Distinctive competencies on development with pipeline execution. ahead of schedule Investor presentation 8#9We continue to accelerate services penetration in Client Solutions leveraging on our customer portfolio edp Maximizing value of existing portfolio... Services contracts %(1) +5 p.p. ... scaling up footprint on new services... 1H20 1H21 1.7x Solar DG Cumulative contracted PV, MWp(2) 30 ~110 ~190 25 1H20 1H21 Mobility Public and Private CP contracted cumulative, '000 (1) Portugal | (2) Includes under management and entirely sold to customers (excludes US). 1.4x 1.1 2.6 Accelerated & sustainable growth Investor presentation 9#10We continue to reinforce our assets' portfolio towards the energy transition: Renewables, Networks & Clients EDP, EDPR & EDP Iberia (1) Performance Rebased post-Strategic Update Main Iberian Assets at EDP (ex-EDPR & EDPB) Hydro Iberia 5.5 GW >40% with pumping Value of flexibility & cash generation Dec-19 Deal @ €2.2 Bn (1.7 GW) Electricity Networks €4.6B RAB Key enabler of the Energy Transition Viesgo integration on track Client Solutions Feb-21 Apr-21 Jun-21 EDP EDPR -EDP Iberia ~4m Increasing penetration of new value added services (eg. Solar DG, E-mobility) High Quality of Assets' Portfolio not reflected in clients(2) current market price Disposal 2 CCGTS & B2C Supply in Spain ~13.5x EBITDA 2019 Source: Bloomberg, as of 28 July 2021 | (1) EDP Iberia refers to the remaining assets after deducting 75% subsidiary EDPR and 55% subsidiary EDP Brasil. (2) Electricity clients in the liberalized market. Investor presentation 10 edp H#11On ESG we have been validated by SBTi on our carbon neutral targets as we continue to pave the way towards decarbonization edp 361 SCIENCE BASED TARGETS DRIVING AMBITIOUS CORPORATE CLIMATE ACTION Coal free by 2025 Carbon neutral by 2030 157 131 2015 2020 69 1H21 2026 # (1) Scope 1&2 CO₂ emissions (gCO2/kWh) ~0 2030 ESG excellence and attractive returns Environment ✓ 81% renewables generation in 1H21 ✓ -64% CO2 Specific Emissions (1) vs. 2015 ✓ 69% Revenues aligned w/ EU Taxonomy (+19% vs. 1H20) Social + 26% female employees (+1 p.p vs. 1H20) ✓1.11 total recordable injury rate EDP ~€6m in Social Investment Investor presentation 11 =1#12Strategic commitments on track as we step up to the challenge to deliver superior value creation edp Accelerated and sustainable growth Key figures and targets €24 Bn CAPEX in energy transition (1) 20 GW gross additions (1) €8 Bn asset rotation Improve financial strength 1H21 €1.6 Bn (94% in RES + Networks) 6.7GW secured (34%) with 3.6 GW added YTD+U/C ~€2.2 Bn signed (~28% target) ~-20 bps avg cost of debt Contracting major equipment upfront at fixed price Future-proof organization Scale-up organization to support growth ESG excellence and attractive returns Coal free by 2025 Carbon neutral by 2030 €0.19/share dividend floor Coal Revenues 4.5% 81% Renewables Generation €0.19/share dividend paid April 26th (1) 2021-25. Investor presentation 12#13We will deliver superior value, while keeping a solid balance sheet and low-risk profile edp 2020 2023 2025 CAPEX¹, € Bn/yr Step-up investment plan with 3.7 4.5 4.6 ↑ +1 Bn 2025 vs. 20 renewables focus EBITDA², € Bn Increased results with distinctive 3.5 4.2 4.7 energy transition profile Net income², € Bn 0.8 1.0 1.2 Earnings acceleration FFO/ Net Debt³, % ~ 19% ~20% ~21% Achieve BBB rating in the short term 1. Including financial investments 2. 3. EBITDA and Net Income adjusted by disposed portfolios in 2020 (6 hydro plants, B2C portfolio and 2 CCGTS in Spain); CESE at net income level as recurring cost FFO/ND formula consistent with rating agencies methodologies, considering EDP definition of EBITDA Recurring Note: Recurring EBITDA and Net income Investor presentation 13 ↑ +6% CAGR 2020-25 ↑ +8% CAGR 2020-25 ↑ +2 pp 2025 vs. 20#14We will deliver superior value to our shareholders Superior green positioning and accelerated growth... ... delivering strong earnings growth... Net income², € Bn 2x solar wind installed capacity by 2025 €24 Bn energy transition investment 2021-25 ESG leadership 1. EDP EBITDA excluding thermal generation Coal free by 2025 All green by 2030 8% p.a. ~1.0 ~0.8 >95% energy transition1 EBITDA by 2025 20202 2023 with an attractive dividend policy ~1.2 2025 edp €0.19/share 75-85% Sustainable EPS growth dividend floor target payout 2. Recurring Net income excluding contribution from disposed portfolios in 2020 (6 hydro plants, B2C portfolio and 2 CCGTs in Spain); CESE as recurring cost to deliver DPS increase Investor presentation 14#15We have started this journey in Renewables over 2 decades ago and are committed to continue to lead the Energy Transition edp Leading the energy transition to create superior value By 2025 €24 Bn CAPEX in energy transition 4 GW/yr renewables deployed By 2030 >50 GW renewables additions 100% renewables generation Changing Tomorrow Now Double solar+wind installed capacity 100% energy transition EBITDA Coal free Carbon neutral#16We will deliver unparalleled investment levels fully aligned with the energy transition Significant investment acceleration... CAPEX¹, € Bn/yr with strong focus on Renewables, across key markets in Europe and North America CAPEX¹, Cumulative, € Bn, 2021-25 edp 2.9 +65% 4.8 ~€24 Bn 2019-22 target 1. Includes financial investments 123 2. 3. Includes other and holding CAPEX US, Canada, and Mexico €21 Bn 2021-25 target expansion CAPEX, 95% in Renewables -80% Renewables ~15% Networks ● ~5% Client solutions & Energy mgmt² ~€24 Bn • ~40% Europe ~40% North America³ ~15% Brazil and LatAm ● ~5% Rest of the world €3 Bn maintenance CAPEX, mostly in Networks ~80% CAPEX in Europe and North America Investor presentation 16#17We will grow our presence across technologies, with differentiating value propositions Global leadership Top 4 global player Differentiation Capture repowering, hybridization, and technological developments Future growth Long-term opportunity with medium-term value crystallization Diversified risk Leveraging scale and risk diversification through Ocean Winds (50/50 JV with Engie) 1. EBITDA + Equity GWs edp A Solar Wind Focus on procurement onshore synergies and scale 20 GW1 9.1 (46%) 8.0 (40%) Gross additions Strong visibility Extensive pipeline with additions ramping up quickly Cost competitiveness Hydro Mostly maintenance investments Cash generator Manage portfolio for efficiency and value capture Flexibility provider Mature technology, with unique flexibility capacity through pumping capabilities (2.4 GW) 2021-25 Differentiation 0.9 (5%) 1.4 Leverage distinctive go-to-market capabilities 0.4 7% Solar DG & (2%) Wind offshore Storage Capture flexibility value Further develop existing capabilities to meet increasing flexibility needs Renewable H₂ New route to market Leverage existing capabilities to capture new growth Investor presentation 17#18We have +6.7 GW capacity additions secured (34%) evenly split per geography edp North America 2.9 GW 33% secured 用 H 1.2 GW 1.6 GW 2.2 Europe 32% secured GW 0.2 GW post 2025 6.7 8.8 20 GW1 1.3 GW 0.6 GW 0.3 GW Gross Additions 2021-25 0.3 GW post 2025 1.7 LatAm GW 58% secured 1.4 GW 0.3 GW 1. EBITDA + Equity GW 1.4 APAC 2.9 2% Secured 28 MW GW secured 28 MW Investor presentation 18#19We will strengthen our leadership position in wind onshore + edp Pipeline as of Dec 2020 Target additions 2021-25 (GW) Current presence¹ We have a strong onshore presence across the globe that will be reinforced... North America² 6.5 GW +2.8 GW ~30% LatAm Rest of world 0.4 GW Europe 5.0 GW +3.4 +2.2 GW GW GW ~40% ~25% ~5% +0.7 18 GW XX% in additions XX Total installed capacity .. consolidating leadership and exploring growth opportunities Consolidate position as global Top Wind player Reinforce presence in core low-risk markets (EU and US) Capture growing repowering, hybridization opportunities, and technological developments 1. Countries with installed capacity and/or capacity already secured 2. Includes Canada and Mexico Note: EBITDA MW + Equity MW Investor presentation 19#20We will build a sound market presence in Solar edp Pipeline as of Dec 2020 Target additions 2021-25 (GW) Current presence¹ We have robust secured additions and strong pipeline in solar... North America² 0.5 GW Europe 0.1 GW +5.5 LatAm +0.7 +2.4 GW GW GW ~60% ~25% 7% Rest of world +0.7 GW 8% XX% in additions XX Total installed capacity .. adopting a differentiated approach to clients Reinforce approach to large-scale utility model through in-house capabilities Develop a distinctive approach to C&I through a dedicated Distributed Generation platform in the US Provide differentiating and solid solutions with coupled storage 1. Countries with installed capacity and/or capacity already secured 2. Includes Mexico Note: EBITDA MW + Equity MW 15 GW Investor presentation 20 20#21We aim to be a leading global player in offshore wind through the 50:50 JV Ocean Winds (OW) edp Step-change in capacity with a global footprint... Installed Under construction Under development PPA/Tariff secured Project visibility for 6.6 GW of capacity with results already in place • Early market entry through multi- partnerships • Bid preparations for competitive auctions 。 Scotwind OW pipeline 24 GW Pursuing greenfield development, while assessing other opportunities Construction progressing on schedule despite Covid challenges Early mover advantage in Floating with Greenfield projects in multiple geographies Financing via project finance and Equity Bridget Loans at asset level during construction MW Name Country % OW COD gross Windplus 25 85% 2020 SeaMade¹ 487 18% 2021 Moray East 950 57% 2022 EFGL 0 30 80% 2023 。 NY Bight Noirmoutier 496 61% 2025-26 。 Norway 。 California Moray West 871 62%2 2025-26 o France Mayflower 1,336 50% 2025-26 。 Japan 。 other Le Tréport 496 61% >2025 B&C-Wind 400 100% >2025 KF Wind 1,500 61% >2025 1. COD in 1Q21 2. Additional 33% directly owned by EDPR Investor presentation 21 224#22We will double growth in renewables, adding 4 GW/year with clear visibility Step-up growth in renewables... with a robust pipeline to address target additions Total gross additions, GW1 Gross additions, GW¹/yr 20 GW 4.6 1.6 3.5 20 6.7 44 >50 44 edp ~3x Pipeline announced as of 2019 (16 GW) ~3x Target additions of 11 GW to be secured 2020 2021-23 2024-25 Gross additions Secured Additional Capacity Pipeline 6.7 Pipeline Secured and under active negotiations 2021-25 1. EBITDA MW + Equity MW Investor presentation 22 222#23Networks - Key highlights Tedp +XX Growth, 2020-25 ~€0.7 Bn annual organic CAPEX CAPEX¹, € Bn Regulated Asset Base to increase by ~€2 Bn RAB², € Bn EBITDA to increase by 50% EBITDA, € Bn 5% p.a. excluding Viesgo acquisition 3.4 40% 7.1 1.3 8% p.a. 0.1 0.1 1.0 D 1.0 5.1 0.3 ✓ 1.3 0.9 T 0.6 0.1 0.8 0.2 2.2 2021-25 1. Includes financial investments 2. Transmission based on awarded CAPEX Note: Excludes Viesgo in 2020. 6x Euro/BRL along the period 4.8 0.9 3.7 0.6 2020 2025 2020 2025 Investor presentation 23#24Client Solutions & Energy Management - Key highlights ~€0.2 Bn annual CAPEX CAPEX, € Bn¹ Step-change growth in Solar DG Cumulative contracted PV, GWP3 EBITDA to increase by 15% EBITDA, € Bn 30% p.a. edp Client Solutions 2% p.a. 0.9 2.2 0.5 0.4 0.1 x10 Solar DG and e-mobility Solar DG and 0.6 e-mobility Traditional² 0.3 2021-25 1. Includes financial investments and does not include holding capex Energy management, thermal, and other client services 2. 3. Includes under management and entirely sold to customers Note: Excluding contribution from disposed portfolios in 2020 0.2 0.4 Traditional 2020 2025 2020 2025 Investor presentation 24 24#25Recurring EBITDA -6% YoY (-1% ex-forex), US RES penalized by ERCOT edp event/load factors & weak EM partially offset by stronger Networks Recurring EBITDA (1,2) €m YoY growth, % -6%YoY (ex-forex -1%) ΔΥΟΥ 1,791 1,678 Renewables 1,082 -7% -€75m -€139m Wind & Solar +€64m Hydro 1,007 +33% Networks 440 587 +€147m +€102m Iberia +€45m Brazil EDPR Installed Capacity +10% YoY (3) Wind resources in US -6% vs. LT avg Asset rotation gains +€118m (-€27m YoY) Hydro resources vs. LT Avg. Portugal +11% Tax reversal Hydro Spain +€47m Spain Viesgo: +€86m Portugal: +€22m on improved Opex & weather Brazil distribution: +€30m, on tariffs & demand Brazil transmission: +€15m, on capex execution Client solutions & EM 287 --19 -71% -€205m Other/adjust 1H20 1 82 1H21 -€198m Iberia -€6m Brazil Very strong EM in 1H20 vs. 1H21 negative impact on higher prices Sines Power Plant shutdown (€42m EBITDA 1H20) Supply: growth of services penetration rate (1) Adjustments and Non-recurring items include: (i) 1H20 of +€80m, namely, EBITDA correspondent to the 6 hydro plants sold in Portugal (+€81m), EBITDA correspondent to 2 CCGTS and B2C portfolio in Spain sold to Total (+€21m), and non-recurring costs related to Sines Shut-down (-€22m); (ii) 1H21 of +€14m, namely, non-recurring of +€21m related to the gain from the sale of a 50% stake in the energy Investor presentation 25 supplier CHC in Spain to our partner CIDE, non-recurring curtailment costs in networks platform related to Viesgo (-€7m) | (2) FX impact on EBITDA -€97m | (3) EBITDA + Equity MW.#26Net Debt increase mostly explained by cash capex & working capital edp optimization in the context of high financial liquidity Change in Net Debt (1) € Bn FFO/Net Debt +€1.6Bn Gross Investments -€0.5Bn proceeds AR +€0.9Bn WC on fixed asset suppliers 12.2 0.7 0.4 1.8 1.8 -€1.5Bn EDPR Capital Increase -€0.4Bn 50% Hybrid +€0.4Bn Reg. Receivables +€0.2Bn FX effect 13.2 0.5 Net Debt Dec-20 Organic Cash Flow Dividend Net Capital Expansion Reinforcement Investment Others Net Debt Jun-21 ~19% ~17% (1) Net Debt Adjusted by Regulatory Receivables/(Liabilities) and including Lease liabilities/EBITDA Recurring | (2) FFO/ND formula consistent with rating agencies methodologies, considering EDP definition investor presentation EBITDA Recurring, 26#27Net Profit +9% benefitting from improved financial results and lower taxes and positively impacted by non-recurring items edp Recurring Net Profit (1) €m EBITDA ΔΥΟΥ Reported Net Profit €m 1,678 -113 -26 952 -139 D&A and Provisions 726 EBIT Net Financial Costs 254 +57 Income Taxes 164- +8 Extraordinary Energy Tax 52 +1 Non-controlling interests 156- Net Profit 326 315 9% YoY 343 1H20 1H21 Non-recurring -€67m +17 items -56 +€17m -15% YoY Recurring (1) €382m +€326m (1) Adjustments and non-recurring items impact at net profit level: -€67m in 1H20 including the adjustment for the net profit contribution of 6 hydro plants in Portugal and CCGT and B2C supply sold in December 2020 (+€66m), early shutdown of Sines (-€89m) and one-off liability management cost (-€45m); +€17m in 1H21 including the net gain from CIDE disposal and curtailment costs in Spain. Investor presentation 27#28We reiterate our positive outlook for 2021 YE as we continue focused on execution and delivering results edp Guidance 2021YE Recurring EBITDA ~€3.7 Bn Recurring Net Profit >€800m Net Debt ~€11.0-11.5 Bn Highlights Wind & Solar Asset Rotation gains (>€300m) Ramp-up in Renewables deployment Networks annual tariff updates in Brazil (Aug-21 and Oct-21), potential Asset Rotation in Transmission Pressure on Client Solutions & Energy Management on high energy prices Assuming normalized Hydro & Wind Resources in 2H21 Investor presentation 28#29IR Contacts E-mail: [email protected] Phone +351210 012 834 Site: www.edp.com edp