Investor Presentaiton slide image

Investor Presentaiton

eneva Letter from management GRI 102-14 Ontei Glória Lobo Carneiro We ended 2021 proud of the work we did before and during the pandemic and, even in a difficult environment, we consider that the year was extraordinary for Eneva. Despite the turmoil, we reaffirm the success of our business model and our capital allocation. Through the definition of a long-term strategy, which aims to create value for all our stakeholders, we seek to conceive our contribution to the sustainability of the planet. Our business market is undergoing significant changes and we are prepared to carry out a fair and inclusive transition, with energy that generates value. Anchored in the use and development of new technologies, we are aware of the capacity and adaptability of our teams. We are ready for the new energy market, increasingly focused on consumers. Our organization has the energy, capital and the necessary projects to continue to successfully expand, through a vast, reliable and accessible portfolio for the different demands of our customers. Last year, we acquired Focus Energia, which operates in three main business segments: energy trading, energy generation and distributed generation. In this way, we position ourselves as the largest solar energy company in Brazil. We have a renewable generation portfolio that, when fully developed, will add up to 3 GW. This is a combination of assets, which will increase our energy trading capacity in the Free Market to 1.4 GW. We were also successful in our bids in the energy capacity auction, contracting 295 MW of additional energy capacity in Amazonas, which will allow us to expand the innovative R2W model to another basin. We also achieved a reserve replenishment rate of 264% in the Parnaíba Basin and added 1.3 bcm of 2P gas reserves to our Azulão asset, located in Amazonas. Our mix of energy sources allows us to operate in a regulatory environment that seeks to achieve a balance between energy security and reasonable tariffs. In this context, we seek to contribute to reducing the intensity of our Greenhouse Gas (GHG) emissions, with the responsibility of not harming energy security and the final cost of energy, which affects the entire population. We own two coal-fired power plants and we know that this source of electricity generation must not subsist in the coming decades if humanity really wants to control GHG emissions. Therefore, our commitment, since 2020, is not to build or buy any new coal-fired power plant and to continue operating at the global benchmark in terms of efficiency. Our plants are only activated to ensure the supply of electricity. Not by our decision, but by the National System Operator (ONS). We must be responsible with the decommissioning of our coal plants, avoiding "looking good in the picture" at the expense of energy security or through the sale of assets to third parties without commitment to decommissioning. Therefore, in line with COP26, we are committed to the phase-out of these plants by 2040. We understand that climate change is one of society's greatest challenges and poses a risk to the future of our company. To contribute to the topic, and reinforcing our socio-environmental commitment, we carried out a study of climate risks and opportunities to define a mitigation sustainability report 2021 LES PORTUGAIS AU BRESIL < 3 > Jerson Kelman Chairman Eneva S.A.
View entire presentation