INVESTOR PRESENTATION

June 2022

Key messages

REN

Operational

Stable business

Solid

New strategic

Overview

excellence

context

results

cycle

Exclusive TSO,

Highly efficient and

Stable regulatory

Strong financial

REN at the core of

reliable and

reliable player,

context

discipline leading

energy transition

experienced

committed to

with long term

to attractive

reinforcing its ESG

manager of critical

innovation and

contracts

shareholder

standards and

systems

technology

returns

delivering growth,

superior

operational

performance and

solid financials

2

Key messages

REN

Operational

Stable business

Solid

New strategic

Overview

excellence

context

results

cycle

Exclusive TSO,

Highly efficient and

Stable regulatory

Strong financial

REN at the core of

reliable and

reliable player,

context

discipline leading to

energy transition

experienced

committed to

with long term

attractive

reinforcing its ESG

manager of critical

innovation and

contracts

shareholder returns

standards and

systems

technology

delivering growth,

superior

operational

performance and

solid financials

3

REN Overview

REN has 70-year track record as a

leading energy infrastructure operator in Portugal

Foundation of CNE

(National Electricity

Company)

Foundation of REN - Rede Eléctrica Nacional, S.A. (EDP's business unit spin-off)

2000

1947 1994

Electricity 50-yearconcession (2000-2050)

Portuguese State 70%

ownership

Acquisition of natural gas

transmission assets to Galp

Natural gas 40-yearconcession (2006-2046)

2nd reprivatization phase

2nd reprivatization

(State Grid of China 25%;

phase concluded

Oman Oil 15%)

(sale of Portuguese

Acquisition of a 7.5%

State's 11% stake)

stake in Hidroeléctrica

Acquisition of Transemel in Chile

de Cahora Bassa (HCB)

(electricity transmission)

in Mozambique

2006

2007

2015

2017

2021

2014

2019

2012

1st reprivatization

phase (IPO)

Acquisition of

Electricity

Galp NG

underground

Issuance of REN's

concession

storage assets

period renewed

First Green Bond

(2007-2057)

(€300M)

Acquisition of 42.5% of Electrogas in

Chile (gas transmission)

Acquisition of gas distribution company

Portgás (2008-2048 concession period)

and REN capital increase

4

REN Overview

Exclusive TSO and 2nd largest natural gas DSO in Portugal,

with international presence

Business Portfolio

Electricity

Natural Gas

Natural Gas Telecommunications

Transmission

Transmission

Distribution

business

9,366 km

1,375 km

6,148 km

7M€

Portugal

315M€

112M€

44M€

92 km

166 km

Chile

8M€

US$ 29M

Network

EBITDA

(Mar 2022)

(2021)

5

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REN - Redes Energéticas Nacionais SGPS SA published this content on 14 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 June 2022 14:52:02 UTC.