Investor Presentaiton

Recurring Net Profit penalized by lower EBITDA on hydro shortfall and edp higher financial costs in Brazil and increase of minority interests Recurring Net Profit (1) €m ΔΥΟΥ Recurring Net Profit €m EBITDA D&A and Provisions 710 -134 388 -19 EBIT 322 -153 Net Financial Costs 173 -50 Income Taxes 23 23 +39 Extraordinary Energy Tax - 50 +1 Non-controlling interests -151 -72 Net Profit -76 -235 (1) Adjustments and non-recurring items impact at net profit level: -€21m in 1Q21 the net gain from CIDE disposal 159 1Q21 -76 1Q22 Investor presentation 18

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