Business Strategy Execution

Increase in Net Debt impacted by the acceleration of Net expansion investment and temporary WC due to higher commodity prices Change in Net Debt € Bn edp +€5.1 Bn Gross Expansions Investments -€1.5Bn Asset Rotation Proceeds Organic CF 2.9 11.6 1.4 1.1 0.5 0.7 +€0.6 Bn Forex Net Debt Dec-21 Recurring Organic CF Cash calls and Net Expansion Dividends FX and Other FFO/Net Debt(1) ~21% Commodity Investments. stocks (1) FFO/ND formula consistent with rating agencies methodologies, considering EDP definition of EBITDA Recurring, 15.3 Net Debt Sep-22 ~18% 9M22 | Results Presentation 24

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