Investors' Presentation

This ambitious strategy is set in place to deliver superior value through a solid business model... edp renewables 2020 2023 2025 Installed Capacity GW 12 18 Step-up growth and scale. 25 ↑ >2x EBITDA €bn Increased results with 1.65 2.0 2.3 geographic diversification and a ↑ +7% CAGR 20-25 stable Asset Rotation program Net income €bn Earnings acceleration through 0.55 >0.6 0.8 accretive investments in ↑ +8% CAGR 20-25 attractive projects Dividend floor of €0.08 per share, prioritizing cash-flow reinvestment in accretive growth Investors' Presentation 33

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