EDP Renováveis S A : EDPR 1H21 Presentation

1H21 RESULTS

July 28th, 2021

15:00 CET | 14:00 UK / Lisbon www.edpr.com

Disclaimer

This document has been prepared by EDP Renováveis, S.A. (the "Company") solely for use at the presentation to be made on this date and its purpose is merely of informative nature and, as such, it may be amended and supplemented and it should be read as a summary of the matters addressed or contained herein. By attending the meeting where this presentation is made, or by reading the presentation slides, you acknowledge and agree to be bound by the following limitations and restrictions.

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Agenda

1. Key highlights 1H21
2. 1H21 Results
3. Closing remarks

4 Annex

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Key highlights 1H21

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EDPR continues to accelerate growth with added visibility on the ongoing Asset Rotation deals, while maintaining solid operations

Growth

Value

Excellence

Accelerated and	Ongoing asset	High quality teams and
selective growth	rotation program	efficient operations

+2.1 GW added YoY	€1.9bn of Asset rotation already signed	31% Load factor reflecting 95% of P50
12.6 GW of installed capacity as of 1H21	Attractive multiples of €1.6m/MW on avg.	low resource and one-off ERCOT event

3.6 GW installed & U/C in 1H21	Completion of ~€500m AR proceeds in US	Technical Availability of 96.9%
accelerating growth	capital gain in 1H21 of €101m, €250k/MW	slightly above YoY

6.7 GW secured and 3.7 GW of PPAs in negotiation	On track to deliver >€300m	Core Opex/MW -3% YoY
focused on key markets while expanding geo footprint	capital gains in 2021	given O&M strategy and cost control

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