Business Strategy Execution

We will grow our presence across technologies, with differentiating value propositions edp Global leadership Top 4 global player Differentiation Capture repowering, hybridization, and technological developments Future growth Long-term opportunity with medium-term value crystallization Diversified risk Leveraging scale and risk diversification through Ocean Winds (50/50 JV with Engie) 1. EBITDA + Equity GWs * Wind onshore Solar Strong visibility Extensive pipeline with additions ramping up quickly Cost competitiveness Focus on procurement synergies and scale Hydro Mostly maintenance investments Cash generator Manage portfolio for efficiency and value capture Flexibility provider Mature technology, with unique flexibility capacity through pumping capabilities (2.4 GW) 20 GW¹ 9.1 8.0 (40%) (46%) Gross additions 2021-25 0.9 (5%) 1.4 0.4 7% Solar DG (2%) Wind offshore S Storage Differentiation Leverage distinctive go-to-market capabilities Capture flexibility value Further develop existing capabilities to meet increasing flexibility needs Renewable H2 New route to market Leverage existing capabilities to capture new growth Business Strategy Execution 7

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