Investor Presentaiton

Risks and opportunities GRI 201-2 69 We are mindful of climate change impacts on our assets' availability. To mitigate and/or adapt to climate change, we are committed to developing innovative Research & Development solutions and to growing and diversifying our renewable generation business. The risks and opportunities associated with climate change are further explored in the Weather Risk Committee. The main risks mapped are water scarcity, extreme weather events and dam safety. Water scarcity, which can occur if rivers lose inflow, can harm our hydropower generation. As regards to extreme climate events, we are concerned about the chance of increasing the frequency and intensity of events such as cyclones and floods, compromising the availability of assets for generation. In the case of dam safety, our attention in drawn to extreme water events that could compromise the dam structure. All risk categories (physical, technological, regulatory, market, etc.) are analyzed, whether in direct operations or in our supply chain. To protect our Company from these risks, we follow our Risk Management Policy, which lays down how we identify, assess, monitor, and manage them. We mitigate the risks described above through portfolio diversification (both in terms of energy sources and location of our power plants), the Dam Safety Plan (PSB), and the Emergency Operating System (SOSEm). The last two guarantee the continuous monitoring of integrity parameters and timely and transparent communication with the communities. In turn, we assess that these weather situations also bring about opportunities. The change in hydrological and wind regimes and/or solar incidence can create events that boost generation capacity from these sources. We are expanding the team of meteorologists, by hiring one more professional, specialized in the analysis of wind maps. The intention is to gather data that supports the management of operations with the highest possible accuracy and to further improve the portfolio's commercial management. From the commercial stance, we recorded an increase in demand for already certified energy or for renewable certificates and carbon credits, with the main purpose of meeting the companies' sustainability goals, whether linked to international protocols, such as the GHG Protocol or RE100, or to internal decarbonization goals. In 2022, we invested R$ 1.8 million in Climate Risk R&D project in partnership with WayCarbon. Changes in the weather regimes of our sources are still under analysis in order to account for possible financial implications. (learn more on page 35) 2022 Integrated Sustainability Report > Responsibility aes Brasil

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