Investor Presentaiton

EBITDA Increase Through Opex Reduction The replacement of OPEX by CAPEX and increase of revenues aim at obtaining a more profitable Company in the long term Improve Operational Performance ✓ Meet regulatory targets ✓ Digital transformation AES Eletropaulo Opex Decrease CAPEX 2018-2022 EBITDA GROWTH Increase Regulatory Asset Base Revenues Increase A1 15

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