Companhia Energética de Minas Gerais - CEMIG (CMIG4) Investor presentation summary

Strategic positioning and operations

• Operates Brazil's largest integrated electric utility platform, serving over 9.6 million customers across 25 states and the Federal District, with a balanced portfolio in distribution, generation, trading, and transmission.

• Maintains a verticalized structure with significant assets: 4.8 GW generation capacity, 5,066 km of transmission lines, and the largest distribution concession in Brazil, covering 774 municipalities.

• Holds a 21.68% stake in Taesa, a major transmission company, and manages a diversified energy mix with a focus on clean and renewable sources.

Financial performance and credit profile

• Demonstrates solid cash flow generation and disciplined financial management, with net debt at R$17.8 billion and an average debt maturity of 6.6 years.

• Maintains low leverage (Net Debt/EBITDA at 0.96 in 2025) and holds local AAA credit ratings from Fitch and Moody’s.

• EBITDA reached R$7.3 billion (LTM 1Q26), with strong margins and recurring high dividend yields (up to 15.1% in 2025).

Investment and growth strategy

• Plans to invest over R$44 billion between 2026 and 2030, primarily in Minas Gerais, focusing on modernization, expansion, and digitalization of the network.

• Achieved record investments, with R$1.48 billion in 1Q26 (up 22.1% YoY) and R$25.7 billion invested from 2019 to 2025.

• Distribution segment targets R$29 billion in investments (2026–2030) to modernize infrastructure and improve service quality.