Investor Presentaiton

Highest Quarterly Net Income for the last 2 years Net Income1 2Q16 - 2Q17 (R$ million) 59 59 12 14 31 5 Net Income 2Q16 Adjusted EBITDA (ex- Pension Fund) Pension Fund Financial Result Depreciation and Amortiz. And Others Net Income 2Q17 3 Pension fund impacted by the reduction of the discount rate (from 7.3% per year to 5.8% per year) Financial Result as a result of the changes in the Itaipu exchange rate variation Depreciation reflects increase in Regulatory Asset Base (RAB) AES Eletropaulo R$ +28 million 41

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