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Investor Presentaiton

We will deliver superior value to our shareholders Superior green positioning and accelerated growth... ... delivering strong earnings growth... Net income², € Bn 2x solar wind installed capacity by 2025 €24 Bn energy transition investment 2021-25 ESG leadership 1. EDP EBITDA excluding thermal generation Coal free by 2025 All green by 2030 8% p.a. ~1.0 ~0.8 >95% energy transition1 EBITDA by 2025 20202 2023 with an attractive dividend policy ~1.2 2025 edp €0.19/share 75-85% Sustainable EPS growth dividend floor target payout 2. Recurring Net income excluding contribution from disposed portfolios in 2020 (6 hydro plants, B2C portfolio and 2 CCGTs in Spain); CESE as recurring cost to deliver DPS increase Investor presentation 14
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