Investor Presentaiton

Costs environment is being translated into increased PPA pricing edp Despite higher costs and higher contract prices... appetite for RES PPAs continue during 2022 Capex avg. increased 5%-15%(1) YoY PPA avg. price increased 10% - 15% YOY +1.1 GW of long-term contracts signed YTD(2) ✓ ~6 GW of PPAs shortlisted and under negotiations Even with current high costs environment, renewables are by far the most competitive technology Over 40 GW of RES expected to be auctioned in the next 12 months in EDPR markets (1) Avg. Solar capex increased 10%-15% YoY and avg. wind capex increased 5%-10% YoY (2) Excluding Sunseap portfolio (0.7 GW of capacity secured) Investor presentation 12

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