ANNUAL RESULTS 2020

Strategy and investments ESG Renewables Regulated France - Generation and supply Consolidated sales Operational data and markets RENEWABLE ENERGIES EDF RENEWABLES GROUP RENEWABLES (3) In Єm Q1 2020 Q1 2021 A% A% Org. (1) In Єm Q1 2020 Q1 2021 A% A% Org. (1) Sales 396 437 +10.4 +14.4 Sales (3) 1,206 1,721 +42.7 +44.5 Growth in distributed solar activity in the USA with limited margin impact Electricity output: 4.2TWh, -2.9% linked to less favourable wind conditions in Europe in Q1 2021, and to 2020 farm disposals, partially offset by additional capacities commissioned in 2020 Texas' crisis event: Renewables penalised not in sales but was forced to purchase energy at very high prices in order to meet its contractual commitments Hydro France: hydro generation of 12.2TWh (2) (+0.5TWh, +4.3% vs March 2020, thanks to good hydro conditions). Favourable effect of higher shaped spot prices (+€23.5/MWh, +80%) (3) (limited positive impact in Sales and EBITDA at Group level given the hedging price policy) (1) Organic change at comparable scope, standards and exchange rates. Hydro generation after deduction of pumped volume consumption (2) (3) For the optimised renewable electricity generation activities within a larger portfolio of generation assets, in particular relating to France's hydropower fleet, Sales is estimated, by convention, as the valuation of the output generated at shaped prices (or the purchase obligation tariff), without taking into account hedging effect, and eDF SALES FIRST QUARTER 2021 GROUP RENEWABLES PROJECTS UNDER CONSTRUCTION: 8.1GW GROSS AT END-MARCH 2021 (2.1GW WIND, 2.1GW OFFSHORE WIND, 3.9GW SOLAR) taking into account the valuation of the capacity, if applicable. This convention best reflects the hydropower fleet usage and is different from the convention used to assess the price effects within the Sales of the Generation and supply segment, in which, all generation (nuclear, hydropower, thermal) is valued on the basis of the average hedged price of the generation fleet. 70

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