ISA CTEEP Investment and Infrastructure Update

Strong cash generation allows higher dividends for the next years GROWING DIVIDENDS ACCORDING TO CASH GENERATION (BRL million) Regulatory Payout 335 247 230 226 585 isa CTEEP 2013 2014 2015 2016 2017 2018+ N.A. 91% 123% 108% 95% Distribution of BRL 760 million in dividends in June of 2018, based on the profit retention reserve, correspondent to BRL 4.62 per share Proceeds practice with minimum payout of 75% of regulatory net income limited to the financial covenant of 3.0x Net Debt/EBITDA, with the possibility of interim dividends payments As of 2019, the Company will prioritize the distribution of proceeds via interest on capital Note: The Company registered net loss due to the provision for losses related to Law 4,819/58 31

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