EDPR at a Glance

FY23 Results & Updates Net Expansion Investments of €2.9bn and €1bn equity raise result in +€0.9bn Net Debt; Organic CF driven by lower financials and minorities Net Debt Evolution from Dec22 to Dec23 (€bn) edp Renewables 4.9 €4.2bn Expansion Capex and €0.2bn of Financial Investments, offset by €1.1bn AR Proceeds net of gains and €0.5bn of TEI proceeds 1.0 10 2.9 1.8 0.2 0.05 0.7 Includes €52m of derivatives Includes €0.5bn of AR Gains +€0.9bn YTD 0.05 5.8 Net Debt Dec22 EBITDA Non-Cash Items Interest Cost Change in WC & Others (1) Net Expansion Investments Capital Increase Forex & Others Net Debt Dec23 €0.9bn Organic Cash Flow Gross Debt €7.2bn in 2023 (+€1bn YoY) (1) Change in Working Capital, Income Tax Paid and Minorities/Partnerships distributions 2) Cash Flow angle does not reflect the TEI proceeds of the transaction signed in the US as of December 2023, as proceeds were received only at closing in 2024.2023 only accounts the TEI deconsolidation in the Balance Sheet 33 33

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