AES Brasil Energia S A : 4Q22/2022 ESG Performance Report

ESG Performance Report

4Q22

Summary

Strategy	3
100% renewable energygeneration	4
2030 ESG Commitments	6
Corporate Governance	8
Ownership and control	9
Board of Directors	10
Compensation	11
Risk management	12
Ethics and Compliance	13
Environmental Management	14
Environmental Management System	15
Water and water security	16
Biodiversity and land use	18
Carbon emissions	20
Social Management	21
Attracting and retaining talents	22
Diversity and Inclusion Program	25
Development and assessment of suppliers	26
Health and Safety Management System	27
Communityrelations	29

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About this Report

ESG Performance Report is a AES Brasil publication that discloses, in a timely manner, with updates in line with the quarterly disclosure of results, the ESG (Environmental, Social and Governance) performance, strengthening the positioning and strategic development journey of the company. Indicators included in this material were selected based on their relevance to investors as well as other stakeholders.

For more detailed information seePoliciesandIntegrated Sustainability Report

of AES Brasil, published annually and prepared based on the methodologies of the Global Reporting Initiative (GRI) and the Integrated Report of the International Integrated Reporting Council (IIRC) and audited by an independent third party.

Strategy

ESG Performance 4Q22

Strategy

100% renewable energy generation

Present in the country for over 20 years, AES Brasil is a company that generates power from 100% renewable sources, which acts as an integrated plat form that can be adapted to its customers' demands.

Currently, AES Brasil has a portfolio of renewable assets with operational installed capacity and under construction in the amount of 5.2 GW1 exclusively renewable energy. The portfolio in São Paulo state com prises 9 plants and 3 small hydro power plants (SHHPs), located in P araná hydrographic basin, and 2 large solar complexes. In the northeast region of the country, aiming to increase generation capacity in line with the diversification of non-hydro energy sources, the company has 6 wind complexes in operation and 2 under construction and development, Tucano and Cajuína. In the south region, the company has 1 wind complex.

The company dedicates its efforts and works to become a diversified generation platform, being distinguished by its 100% renewable portfolio, customer focus and its excellence as an asset manager. The company's goal is to increase its generation capacity, diversifying its portfolio with non-hydro sources and long-term agreements.

4	¹Considers 456 MW of the acquisition of new wind assets announced on August 8th, 2022 and 1 GW under

Current Installed Capacity	Estimated Installed Capacity
	by source	considering pipeline
	6%		10%
			39%
43%	5.21	GW 51%	6.8 GW
	+1.6 GW
		pipeline	51%

Hydro Wind Solar

Hydro Wind Solar

• Clean and accessible energy is one of humanity's greatest challenges and, certainly, also one of the paths to sustainable development that we desire for this and future generations."

Clarissa Sadock CEO of AES Brasil and Spokesperson for SDG 7 of the Global Compact in Brazil 1st Woman holding this position in the company

construction (Tucano and Cajuína).

Strategy

100% renewable energy generation

AES Brasil is committed to innovating and delivering complete solutions to its customers, so that more and more products and services are available with lower environmental impact. The company offers solutions that help decarbonize the value chain of customers, while ensuring the delivery of the energy supply required for each type of activity. This unique work resulted in the company being recognized as an innovator by 95% in 2021.

Aiming at maximizing value creation opportunities and consolidating AES Brasil's vision as the customer's preferred choice for the free energy market, Energia+ was launched, a digital retail energy trading plat form. It is an environment designed to simplify and reduce bureaucracy in access to the free market, with competitive prices for each consumption profile. Currently, the platform relies on the collaboration of selected partners to expand the range of offers and services.

São Paulo

Hydro - 2.658 MW Guaimbê - 150 MW

Ouroeste - 145 MW

Rio Grande do Sul

Cassino - 64 MW

Ceará

Mandacaru - 108 MW

Rio Grande do Norte

Cajuína (under construction) - 695 MW

Ventus - 187 MW

Salinas - 50 MW

Piaui & Pernambuco

Ventos do Araripe (PI) - 210 MW

Caetés (PE) - 182 MW

Bahia

Tucano (under construcion) - 322 MW

Alto Sertão II - 386 MW

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