Investor Presentaiton

We have a policy of contracting major equipment upfront at fixed price mitigating concerns on capex cost inflation edp Major equipment fully contracted (1) ~85% Major equipment partially to be contracted (2) ~10% Investment decision post increase of Equipment prices ~5% EDPR secured capacity 2021-23 Accelerated & sustainable growth Fixed price with no commodity risk for EDPR Mostly for 2023 CODs, for which prices are under less pressure Higher equipment prices (3) already embedded in investment decisions based on quotes from suppliers, translating into slight increase in bids 6.7 GW Solid returns with ~320bps spread to WACC (1) WTG for wind projects; Modules; Trackers and Inverters for solar projects | (2) Capacity which has Major equipment partially contracted, but not fully | (3) Overall impact on project capex of ~5% for wind and 10% for solar. Investor presentation 5

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