Business Strategy Execution

We 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 CAPEX, Cumulative, € Bn, 2021-25 edp 2.9 +65% 4.8 ~€24 Bn ~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 maintenance CAPEX, mostly in Networks ~80% CAPEX in Europe and North America €21 Bn €3 Bn 2019-22 target 2021-25 target expansion CAPEX, 95% in Renewables 1. Includes financial investments | 2. Includes other and holding CAPEX | US, Canada, and Mexico Business Strategy Execution 9

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