Investor Presentaiton

Brazil macro context marked by BRL appreciation, higher inflation and edp interest rates; electricity sector costs alleviated by strong hydro recovery Macro context impacted by BRL appreciation and rising inflation and interest rates... Brazilian Real to Euro exchange rate ... electricity sector benefiting from stable regulation and high hydro generation Tariff updates impacted by inflation... +10% EDP Espírito Santo +12% EDP São Paulo 1Q22 Avg. ↑ +12% Jan-21 Mar-21 May-21 Jul-21 Sep-21 Nov-21 Jan-22 Mar-22 And will benefit from good hydro 95% resources Generation Scaling Factor +18% Hydro generation 1Q21 Avg. 2.2x Inflation (1,2) (%) 4.8 10.4 5.3x increase of EDP's ownership in EDP Brasil 52.6% Mar-21 57.4% Mar-22 Interest Rates (1,2) 2.0 10.6 (%) (1) Comparison between 1Q2021 and 1Q2022 averages. [(2) Broad Consumer Price Index and Brazilian Interbank Deposit Rate Investor presentation 15

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