CTEEP Companhia de Transmissão de Energia Eletrica Paulista S A : 05/12/2021 Institutional Presentation 1Q21

INSTITUCIONAL PRESENTATION

R E S U L T S | 1 Q 2 1

ISAVisão

CTEEPgeral

ISA CTEEP in the Transmission Sector

Sustainable Value

Financial Highlights

WHY INVEST IN

ISA CTEEP

Strong Cash Generation

No demand risk and low default risk

Dividends

Minimum payout of 75% (regulatory net income)

Benchmark

Reference

Company in quality and O&M

Growth

Opportunities in retrofitting, greenfield projects and M&A

Profitability

Sustainable value creation

Investment

Grade

Fitch: AAA(bra)

Valuation

Attractive valuation

Why invest in ISA CTEEP

Growth strategy with sustainable value generation to be shared with stakeholders

					Strong cash
					generation allows
Operational Excellence	Existing assets	Growth	New businesses	growth with
management	Greenfield and M&A		dividend distribution
	and Efficiency
	Retrofitting
			Sustainability

Maximize value generation to share with stakeholders

4

	Madeira (51%)
	LT: 2.4 thousand km
ISA CTEEP	Substation: 7.5 thousand MVA
RAP2020/2021 cycle¹: BRL282 million

Largest publicly traded pure transmission utility in Brazil

Transmission of 33% of Brazil's energy generation and 94% of the energy in the State of São Paulo

Benchmark player in costs and quality

Aguapeí³(100%)

LT: 121 km

OPERATIONAL

Substation: 1.400 MVA

RAP 2020/2021 cycle: BRL60 million

ASSETS

Itapura - Bauru (100%)

Static Compensator: 250 MVAr

18.8 thousand km of transmission lines

RAP 2020/2021 cycle: BRL12 million

Pinheiros (100%)

69 thousand MVA of transformation

Substation: 4.2 thousand MVA

capacity

LT: 1 km

RAP 2020/2021 cycle: BRL63 million

129 substations

Transmission Line (LT)

Serra do Japi (100%)

LT: 137 km

RAP of BRL4 billions¹

Consolidated subsidiary

Substation: 2 thousand MVA

RAP 2020/2021 cycle: BRL56 million

LT consolidated subsidiary

Non-consolidated subsidiary

IESUL (100%)

LT: 167 km

Note:

LT non-consolidated subsidiary

Substation: 900 MVA

¹ RAP 2020/2021 cycle adjusted to ISA CTEEP's participation

2

IE Tibagi's RAP does not consider adjustment resulting from the

RAP 2020/2021 cycle: BRL20 million

contractual amendment (-13.5%), approved by ANEEL's Board on 10/26/20

IENNE (100%)

LT: 710 km

Substation: N/A

RAP 2020/2021 cycle: BRL53 million

Garanhuns (51%)

LT: 633 km

Subestation: 2.1 thousand MVA

RAP 2020/2021 cycle: BRL48 million

Evrecy (100%)

LT: 163 km

Subestation: 450 MVA

RAP 2020/2021 cycle: BRL13 million

IEMG (100%)

LT: 173 km

Substation: N/A

RAP 2020/2021 cycle: BRL20 million

ISA CTEEP	PBTE (100%)
LT: 14,3 mil km	LT: 30 km
Substation : 48,8 mil MVA	Substation: N/A
RAP 2020/2021 cycle: BRL3.1 billion	RAP 2020/2021 cycle: BRL172
Itaquerê (100%)	million
Synchronous Components: 900
MVAr
RAP 2020/2021 cycle: BRL52 million
Tibagi² (100%)
LT: 17 km
Substation : 500 MVA
RAP 2020/2021 cycle: BRL21 million