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Investor Presentaiton

Financial performance GRI 201-1 50 > In 2022, our net operating revenue totaled R$2.8 billion, representing an increase of 13.3% over 2021 (R$2.5 billion). Net margin reached R$1.7 billion in 2022, up by 35.3% from the R$1.3 billion recorded in 2021. This result arises from our commercial strategy's good performance; the improved performance of our wind and solar power assets; and the merger of new wind farms acquired through M&A in 2022. We ended 2022 with an EBITDA of R$1.2 billion, up by 36.9% over the adjusted result for 2021. All our energy sources (hydro, wind and solar power) contributed to this growth. We saw a significant improvement in our net income, which reached R$320 million, up by R$359 million from adjusted net income for 2021. Consolidated Financial Highlights Financial Indicators (BRL million) - 2022 Net Revenue Energy Costs¹ Adjusted Net Margin² Adjusted EBITDA2 Adjusted EBITDA Margin² (%) Adjusted Net Income³ 2021 2022 Var. 2,511.7 2,845.1 13.3% (1,241.4) (1,126.1) -9.3% 1,270.4 1,719.0 35.3% 864.8 1,183.7 36.9% 34.4% 41.6% 7.2 p.p. (38.8) 320.1 n.a. 1 Includes industry and transmission charges and excludes the GSF reimbursement in 1Q21 (BRL 35.9 million); 2 Excludes the GSF reimbursement in 1Q21; 3 Excludes the effect of tax credit recognition (BRL 532.6 million in 3Q21) and GSF reimbursement, net of income tax (1Q21). Added value distribution (R$ thousand) G For further information, click here and access the Company's 4Q22 Earnings Release and Financial Statements. 2022 Integrated Sustainability Report > Competitiveness Employees Government Lenders/third parties Shareholders Total 1 In 2022, the economic value retained was R$ 151.6 million. 2 Data for 2021 reflect the 2021 financial statements. 20221 20212 20203 160,898 104,306 101,576 524,664 (352,140) 614,831 672,949 425,161 599,558 320,147 424,564 847,980 1,678,658 601,891 2,163,945 3 Data for 2020 refers to AES Tietê Energia S.A. and are being reported for comparative purposes. aes Brasil
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