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Investor Presentation

We are keeping a sound balance-sheet and low-risk profile Net Debt € Bn 1. FFO/Net Debt¹ % 17 16 13 ~20% ~21% ~21% 2022 2024 FFO/ND formula consistent with rating agencies methodologies, considering EDP definition of EBITDA Recurring 2026 Oedp Reinforced commitment to a strong BBB rating Reached >20% FFO/ND in 2021, achieving BBB credit rating Solid cash flow generation with +€4 Bn net debt after a €25 Bn gross investments plan Operating with flexibility to further reinforce balance sheet (e.g., asset rotation, portfolio optimization) Investors' Presentation 15
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