Strong Balance Sheet to Support Growth slide image

Strong Balance Sheet to Support Growth

Best-in-Class Corporate Governance Strong governance ✓ Minas Gerais, controlling shareholder - a positive influence . One of fastest growing, investor-friendly states in Brazil • Growth and profitability interest aligned with minority shareholders 7 from a total of 15 members are appointed by minority shareholders ✓ Pro-market corporate bylaws include • Minimum 50% dividend payout • Capex limited to 40% of EBITDA • Net debt limited to 2.5x EBITDA · Net debt limited to 50% of total cap. ✓ Leader in sustainability • Only Latin American utility in DJSI - Dow Jones since 1999 • Included in the ISE - Bovespa Sustainability Index since 2005. Present in the Global Dow Index CEMIG Minas Gerais 10
View entire presentation