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Investor Presentation

Decarbonize: For a climate-positive world Coal free by 2025 All green by 2030 Net Zero by 2040 Reinforce efforts for the decarbonization pathway of EDP's portfolio towards Net Zero, by aligning objectives with suppliers and processing the learning curve on offsetting to reduce emissions outside the value chain -28% Scope 1+21 (tCO2e/MWh) 0.157 -0.160 +2% (vs. 2020) (vs. 2020) 0.112 Scope 31 (MtCO2e) 10.7 9.3 -77% (vs. 2020) 0.036 -95% (vs. 2020) 0.008 Oedp -96% (vs. 2020) 0.006 -45% (vs. 2020) -90% (vs. 2020) 5.9 1.1 Renewables (% generation) 74% 74% 91% 93% 100% 100% SCIENCE BASED TARGETS THE NET 2020 2022 2024 2026 2030 2040 DRIVING AMBITIOUS CORPORATE CLIMATE ACTION ZERO STANDARD APPROVED NET-ZERO TARGETS Key Decommission coal plants with a clear milestones plan to mitigate impact on the community (e.g., reskilling, repurposing assets) Decommission/ repurpose gas assets (full portfolio) Ensure green procurement from all suppliers (start to engage now and provide support to ensure compliance by 2040) 1.2020 as base year Investors' Presentation 17
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