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Investor Presentaiton

eneva Upstream <57 > In 2021, our production fields, in the Parnaíba and Amazonas basins, had certified reserves (2P) of 36.6 billion cubic meters (bcm), an increase of 15% compared to 2020. We held concession contracts for the exploration and production of hydrocarbons for a total area of 64.8 thousand square kilometers. During the year, the Fortuna accumulation (Campo Gavião Belo) in Maranhão was declared commercially viable, with an estimated Pmean volume of gas-in-place of 6.78 bcm. Other innovations were the start and completion of the Gavião Preto gas pipeline work, which will start production in 2022 and required investments of R$ 300 million, and a new campaign to drill wells in the Parnaíba Basin, to which we direct resources of the order of R$ 100 million. At the end of the period, 5.6 bcm and 1.28 bcm of gas (2P) were incorporated in the Parnaíba and Amazonas basins, respectively, according to the results of the Audit for Reserves and Resources of Eneva fields, areas and blocks in the Parnaíba, Amazonas and Solimões Basins, carried out by the independent consultancy Gaffney, Cline & Associates, Inc. The main incorporations of reserves (2P) were: Parnaíba Basin: Gavião Belo Field (+5.723 bcm), discovered by exploratory wells 1-ENV-15-MA and 3-ENV17D-MA in 2020, with declaration of commerciality in February 2021 and development plan delivered in August 2020. In 2021, we drilled the delimitation/development well 7-GVBL-1D-MA and in 2022, the other five wells foreseen in the development plan will be drilled. Amazon Basin: Azulão Field (+1.282 bcm), which already had three producing wells (7-AZU-2D-AM, 7-AZU-3-AM, 7-AZU-4D-AM), plus one more (7-AZU-5D-AM), drilled in 2021 for delimitation/ development, with the consequent extension of the field and incorporation of reserves. In addition, in the Paraná Basin, there are plans to acquire 2D seismic data from 2,000 to 3,000 km for 2023-2024 and to start drilling exploratory wells in 2025. As for natural gas from the Juruá Field, in the Solimões Basin, heart of the Amazon, in 2021 we studied alternatives to natural gas. Acquired in 2021, Solimões has six wells, four of which are ready to produce with a capacity of 2 million m3/day. The monetization of this asset is in the evaluation phase of logistical and operational challenges for the production and availability of the natural asset to the electricity sector. Aereal view of Azulão, Itapiranga, AM Effective production in 2021 was 2.12 bcm of natural gas, a volume 57% higher than that produced in 2020 (1.35 bcm of natural gas), due to the greater dispatch of our PTTs to guarantee the safety of the SIN during the water crisis, which consolidates us as the largest private natural gas operator in Brazil. Our natural gas production capacity was 8.4 million m³ per day at the end of the period. Evolution of Certified Reserves (2P) in 2021 Certified Reserves Composition Certified Reserves in 12/31/2020 Gas Reserves - Parnaiba Basin (100% WI) (Bm3) 25.976 Gas Reserves - Amazonas Basin (100% WI) (Bm3) 5.851 Incorporated Reserves (01/01/2021 +5.600 +1.282 - 12/31/2021) Production (01/01/2021 (2.122) (0.024) - 12/31/2021) Certified Reserves in 29.454 7.109 12/31/2021 sustainability report 2021 manufactured capital
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