Alupar Investimento (ALUP11) investor relations material

Company overview and business model

• Operates in transmission and generation of electricity across South America, with 44 transmission assets and 10,095 km of lines, and 798.5 MW of generation capacity in operation.

• Holds 58 long-term concessions, with maturities starting in 2030 for transmission and 2044 for generation.

• Largest privately controlled power transmission company in Brazil by Annual Permitted Revenue.

• Strong track record in greenfield project development, consistently winning transmission auctions and delivering projects below regulatory capex estimates.

• Corporate structure includes significant stakes in multiple transmission and generation subsidiaries across Brazil and other South American countries.

Sustainability and ESG initiatives

• Implements environmental programs such as forest replacement, wildlife monitoring, and carbon credit projects, with 4.7 million tons of CO₂ emission reductions estimated.

• Engages over 80 municipalities and 65,000 people through social and environmental education programs.

• Supports cultural, sports, and social projects through incentive laws and direct initiatives, including health and education.

• Recognized as an Amazing Place to Work for six consecutive years, with 30% of leadership roles held by women and strong internal talent development.

• Adheres to B3 Level II Corporate Governance, with a transparent structure, independent board members, and robust compliance and ethics committees.

Asset portfolio and growth

• Transmission assets are diversified, inflation-protected, and provide stable, predictable cash flows, with 44 long-term concessions.

• Generation assets operate under inflation-adjusted contracts, with mechanisms to mitigate hydrological risk and ensure revenue predictability.

• New growth cycle underway, with R$4.7 billion and US$953 million in capex for assets under construction in Brazil and other South American countries.

• Upcoming projects feature high RAP/capex ratios and expected significant savings versus regulatory capex estimates.