Companhia Paranaense de Energia (CPLE6) investor relations material

Integrated business model and operational highlights

• Operates across generation, transmission, distribution, and trading, with 100% renewable generation portfolio and strategic integration among business units.

• Fourth largest electricity distributor in Brazil, serving 5.3 million consumers with a concession until 2045 and strong operational KPIs.

• Transmission platform spans 9,700 km, with 96% of RAP renewed for over 15 years and average concession term of 18 years.

• Top 10 energy trader in Brazil, with a diversified portfolio and low default rates.

Financial performance and capital structure

• 2025 operating revenue projected at R$26.2bn, recurring Ebitda at R$5.5bn (21.6% margin), and net profit at R$2.1bn (8.1% margin).

• Net debt/EBITDA at 2.8x, within the optimal leverage range of 2.5x–3.1x, supporting a robust dividend policy.

• Minimum dividend payout set at 75% of net income, with payments at least twice a year.

• Capex plan of R$18bn over five years, focused on distribution, generation, and transmission.

Strategic initiatives and growth opportunities

• Achieved highest corporate governance standard (Novo Mercado) and recognized for sustainability by S&P Global and CDP.

• Won capacity reserve auction for two major hydro plants, adding over 2 GW of installed capacity.

• Pipeline of over 4 GW for future auctions and opportunities for organic and inorganic growth, including M&A and market liberalization.

• Innovation in pumped-storage hydropower and modernization of assets to enhance flexibility and reliability.