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Investor Presentaiton

eneva and adaptation strategy. In addition, we declare our support for the ten principles of the United Nations (UN) Global Compact on human rights, labor, environment and anti-corruption, with actions planned for nine of the 17 Sustainable Development Goals, according to our materiality matrix. We believe in and want to contribute to the worldwide movement to reach Net Zero in 30 years. We have incorporated into our Mission and Vision to lead a fair and inclusive energy transition, with a commitment to invest BRL 500 million by 2030 in low carbon technologies, including hydrogen studies. By 2030, we will seek to reduce the GHG emission intensity of our gas-fired generation portfolio to 0.39 tCO2e/MWh (assuming 0.45 tCO2e/ MWh in 2020). In 2021, we joined B3 Carbon Efficient Index (ICO2 B3), demonstrating our commitment to transparency in the disclosure of our emissions. More audaciously, and even with the expansion plans of our activities, we have the ambition to achieve Net Zero by 2050 (scopes 1, 2 and 3 for gas power generation and scopes 1 and 2 for E&P). We believe that in countries with a significant portion of the population being poor and with an asymmetrical income distribution, such as Brazil, the commitment to social development deserves an important attention. That is, we value the S of ESG. Not giving a man a fish but teaching him how to fish. Therefore, our strategic plan includes: 1) improving the Social Progress Indexes in the municipalities where we operate and doubling the number of people impacted by our social projects and 2) contributing to the consolidation of 500 thousand hectares of protected areas in the Legal Amazon region, which multiplies by one thousand what we have done until today. In 2021, 9 thousand people were directly and indirectly impacted by our social projects, in four states, 14 municipalities, totaling 75 thousand people impacted throughout our history. We are developing partnerships with local NGOs and supporting populations in promoting sustainable activities, generating income and improving education, without destroying the forest. The fact that we are substituting fuel oil and diesel as primary sources to produce electricity in the Amazon also contributes, with two advantages. The first concerns the environment, since gas is the least polluting among fossil fuels. And the second is economical, as our model will allow for lower tariffs. Additionally, we strive to offer good returns on invested capital to our shareholders. We manage a capital structure and shape our balance sheet to keep the cost of capital low and available for use in long-term value creation opportunities. Our positioning and discipline in economic-financial management are reflected in our results - we reached a record Ebitda in 2021, of R$ 2.3 billion, 40% higher than in 2020; and net income of R$ 1.173 billion, an increase of 17% in relation to the previous year. At the end of the year, our cash position was R$1.7 billion and net debt/EBITDA was 2.8x. Our free cash flow was R$737 million, amid total investments of R$1.7 billion. Our employees, our greatest asset, were fundamental for the business good performance and will be essential for the achievement of our strategy, which includes ESG criteria. Therefore, we invest in building an agile organization, suited to current challenges, strengthening our meritocratic culture and an increasingly inclusive environment. We are committed to keeping our company healthy, innovative and efficient, with the ability to meet the highest expectations of all stakeholders. As we look to the chapter that will come after the pandemic, we are optimistic and confident in our 2030 Vision, to be the leading integrated energy company in generating value. Jerson Kelman Chairman Eneva S.A. Pedro Zinner CEO Eneva S.A. sustainability report 2021 Pedro Zinner CEO Eneva S.A. < 4 >
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