Companhia Energetica de Minas Gerais CEMIG : Itau BBA's 17th LatAm CEO Conference

Transf rming lives with our energy

20

May

Disclaimer	2

Some statements and estimates in this material may represent expectations about future events or results that involve risks and uncertainties known and unknown. There is no guarantee that the events or results referred to in these expectations will occur.

These expectations are based on present assumptions and analyses from the viewpoint of our management, based on their experience, the macroeconomic environment, market conditions in the energy sector and our expected future results, many of which are not under Cemig's control.

Important factors that can lead to significant differences between actual results and projections about future events or results include Cemig's business strategy, Brazilian and international economic conditions, technology, Cemig´s financial strategy, changes in the energy sector, hydrological conditions, conditions in the financial markets, uncertainty regarding future results of operations, plans and objectives as well as other factors. Because of these and other factors, our actual results may differ significantly from those indicated in or implied by these statements.

The information and opinions contained herein should not be understood as a recommendation to potential investors and no investment decision should be based on the truthfulness, or completeness as of the date hereof of this information or these opinions. None of Cemig's professionals nor any of their related parties or representatives shall have any liability for any losses that may result from the use of the content of this presentation.

To evaluate the risks and uncertainties as they relate to Cemig, and to obtain additional information about factors that could lead to different results from those estimated by Cemig, please consult the section on Risk Factors included in our Formulário de Referência filed with the Brazilian Securities Commission - CVM, and in Form 20-F filed with the U.S. Securities and Exchange Commission - SEC.

In this material, financial amounts are in R$ million (R$ mn) unless otherwise stated. Financial data reflect the adoption of IFRS

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CEMIG - Largest integrated utility

4

#1Integrated - Leader in Renewable

100% of our generation is renewable

C E M I G G T	L a r g e s t t r a d i n g
c o m p a n y
4 th largest transmission group*
6th largest generator group	Largest energy supplier for
	free clients 15% market share

C E M I G D - C o n c e s s i o n a r e a t h e s i z e o f S p a i n

Largest energy distribution concession in the country

• >9. million clients in 2022
• 47.7 thousand GWh of distributed energy in 2022
• >574 thousand Km of lines

*Considering a proportional 21.68% stake in TAESA's RAP

Presence in	RR

26

States AM

ACRO

Hidro generation

Solar generation

Wind generation

Natural gas distribution

Transmisson

Electricity distribution

Cemig free Clientes

AP

PA

TO

MT

GO DF

MS SP

PR

SC

RS

MA

MG

		CE					RN
PI							PB

PE

AL

BA	SE

ES

RJ

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CEMIG in Numbers	5

Integrated portfolio making it possible to capture synergies and reduce risks

Generation

5.2 GW

68 Power plants

57 9 2

Transmission

• 5,060 km
• 41 substations
• 21.68% stake in TAESA's RAP

Trading

• Highest power trading

• 15% of market share

• More than 4,500 free clients

				Natural Gas
	Distribution
	•	>95.000 customers
			•	46 municipalities
• >9.1 million customers
•	2.8 million m³
• Area size of Spain
	Average daily volume

• 774 municipalities
• 570,535 km Grid
• Retail largest distribution company

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CEMIG at a Glance

Shareholder structure - Based in State of Minas Gerais

		Others	EMG*		FIA Dinâmica		EMG*
		5.75%
			7.84%		17.04%
	BNDESPAR	50.97%
11.14%
					FIA
			3		4	Total	Dinâmica
	FIA Dinâmica	ON	PN	15.97%
32.14%			Others	Others		BNDESPAR
		92.16%
				63.26%		3.73%
* Minas Gerais State
	Among the most liquid stocks in Brazil's electricity sector	Best-in-Class Corporate Governance

6

April 2024

▪ Listed on New York, São Paulo and Madrid	▪ Board of Directors - eleven members

• More than 390,000 shareholders in 36 countries

• Ten members have the characteristics of an

• Average daily trading volume in 2023
  R$139.0 mn in B3 and US$9.0mn (R$44.5 mn) in NYSE

Solid dividend policy

• Payout - 50%
• The minimum annual dividend guaranteed to the preferred shares - R$0,50/share

Independent Board Member, by the criteria

adopted by the Dow Jones Sustainability Indexes

(DJSI) / nine by IBGC

• Present for 24 years in the Dow Jones Sustainability Index (the only company in the sector in Latin America) and main indexes (ISEE, ICO2, IGCX, among others)

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Strong shareholders base assures liquidity	7
Average daily trading volume in 2023
Listed on New York, São Paulo and Madrid
R$139,0 mn in B3 and US9,0 mn (R$44.5 mm) in NYSE	More than 390,000 shareholders in 36 countries

AMÉRICA DO NORTE

EUROPA

EUA

Canadá

AMÉRICA CENTRAL	(2022)
Bahamas	CIG US$ 3.8 bn
Bermuda	CIG.C US$ 62.3 mn

Ilhas Cayman

AMÉRICA DO SUL

Brasil

Argentina

Chile

Uruguai

(2022)									ÁSIA
XCMIG
€ 1,3 mn									Brunei
									Coreia do Sul
									China
									Japão
									Índia
				ORIENTE MÉDIO	Malásia
				Singapura
				Arábia Saudita
				Taiwan
				Emirados Árabes Unidos
				Kuwait
(2022)				Omã
CMIG4 R$ 30.2 bn	ÁFRICA
CMIG3 R$ 2.3 bn					OCEANIA
África do Sul

Austrália

Nova Zelândia

Áustria	Malta
Belgica	Jersey
Dinamarca	Liechtenstein
França	Luxemburgo
Finlandia	Noruega
Alemanha	Portugal
Guernsey	Espanha
Grécia	Suécia
Holanda	Suiça
Irlanda	Reino Unido
Itália

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Focus on Minas Gerais State	8
	8

Transf rming lives with our energy

STRATEGY	INVESTMENTS FOCUSED ON MINAS GERAIS,
	SEEKING MAXIMIZATION OF RESULTS
	THROUGH SUSTAINABLE MANAGEMENT

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Optimizing capital allocation	9
	9

Firmly executing our strategic planning - better capital allocation and portfolio optimization

Sales of assets

R$ 795

million

Santo Antônio	Baguari	Retiro Baixo	15 Small & Local
hydroelectric plant	hydroelectric plant	hydroelectric plant	Hydro plants
R$ 55 million	R$ 421 million	R$ 218 million	*R$ 101 million

Simplified shareholder structure

• • R$ 2.9 billion cash inflow from sales since 2019
  • R$ 4.9 billion subscriptions in holdings - avoided
  • >R$ 1.0 billion in tax credits - gained
• Close as of Feb. 29, 2024

Additional benefits

• Guarantees reduced (Santo Antônio)
• • Corporate: R$ 830 million
  • Sales: R$ 203 million
• Cash preserved (subscriptions elimination) )

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Sucessful divestment of Aliança Energia's stake

10

Enhancing the efficiency of the investment portfolio and capital allocation discipline

Divestment of a direct 45% stake in Aliança Energia for

R$2.7 billion (as of 06/30/2023)

Operation details

• R$2.7 billion for 45% of Aliança
• Adjusted by CDI rate from 06/30/2023 to closing
• Adjusted by dividends and IOC received until closing
• Approved by EGM in April 2024
• Standard approvals underway (Aneel, CADE)

Further gains

• Right to 45% of future payments to Aliança for HPP Candonga: estimated amount of R$223 million (net of taxes)
• "Closed door" sale (no legacy liabilities)

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