2023 HALF-YEAR RESULTS

DISCLAIMER

This presentation is for information purposes only and does not constitute an offer or solicitation to sell or buy instruments, part of the company or the assets described here, in the US or any other country.

This presentation contains forward-looking statements or information. While EDF believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions at the time they were made, these assumptions are fundamentally uncertain and imply a certain amount of risk and uncertainty which is beyond the control of EDF. As a result, EDF cannot guarantee that these assumptions will materialise. Future events and actual financial and other outcomes may differ materially from the assumptions used in these forward-looking statements, including, and not limited to, potential timing differences and the completion of transactions described therein.

Risks and uncertainties (notably linked to the economic, financial, competition, regulatory and climate backdrop) may include changes in economic and business trends, regulations, as well as those described or identified in the publicly-available documents filed by EDF with the French financial markets authority (AMF), including those presented in Section 2.2 "Risks to which the Group is exposed" of the EDF Universal Registration Document (URD) (under number D.23-0122) filed with the AMF on 21 March 2023, which may be consulted on the AMF website at www.amf-france.orgor on the EDF website at www.edf.fr.

EDF and its affiliates do not undertake nor do have any obligation to update forward-looking information contained in this presentation to reflect any unexpected events or circumstances arising after the date of this presentation.

2023 HALF-YEAR RESULTS

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2023 HALF-YEAR RESULTS

Luc Rémont

Chairman and Chief Executive Officer

3

KEY OPERATIONAL INDICATORS - H1 2023

Group electricity output: 232.1TWh, -1.9%vs H1 2022

Nuclear output

France

158.1TWh

+2 .6% vs H1 2022

Hydro output

mainland France

19.4TWh

+2 .2% vs H1 2022

Nuclear output United Kingdom

18.2TWh(1)

- 21 .5% vs H1 2022

Group wind & solar

output

13.2TWh

+5 .6% vs H1 2022

Group carbon

intensity

40gCO2/kWh

vs 50gCO 2 /kW h in H1 2022

Group portfolio of

wind and solar

projects

91GW gross

+7% vs end -Dec . 2022

  1. Inc. -3.7TWh attributable to the shutdown of Hinkley Point B in August 2022.

2023 HALF-YEAR RESULTS

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FINANCIAL RESULTS - H1 2023

EBITDA

€16.1bn

vs € 2 .7bn in H1 2022

Net financial debt

€64.8bn(1)

vs € 64 .5bn end -Dec . 2022

Net income excl. non-

recurring items

€6.3bn

vs -€ 1 .3bn in H1 2022

Group net liquidity

€21.2bn(2)

vs € 14 .8bn end -Dec . 2022

  1. Restated of the €0.6bn not tendered in the offer of $1.5bn hybrid notes, still in process at 30 June 2023 (reclassified from equity to other financial debts), the net financial debt would have been €0.3bn lower at 30 June 2023 than at 30 December 2022 (see press release of 7 July 2023).
  2. Cash and cash equivalents €8.1bn, liquid assets €19.3bn, undrawn credit lines €14.9bn, and after deduction of the current borrowings and financial debts for -€21.1bn.

2023 HALF-YEAR RESULTS

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EDF - Électricité de France SA published this content on 27 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2023 07:37:03 UTC.