CPFL Energia (CPFE3) Investor presentation summary

Corporate structure and governance

• Majority ownership by State Grid Corporation of China, holding 83.71% stake, with 16.29% free float.

• Operations span distribution, generation, transmission, and services, with full ownership of key subsidiaries.

• High-standard corporate governance with a robust structure including a Board of Directors, advisory committees, and internal audit.

• Board and executive team have extensive experience in finance, energy, and strategic management.

Financial and operational highlights

• EBITDA reached R$13,461 million, net income R$6,037 million, and CAPEX R$6,136 million.

• Net debt stands at R$30.6 billion with a leverage ratio of 2.31x.

• Distribution segment leads with R$8.8 billion EBITDA and a 13% market share, serving 10.9 million customers.

• Total shareholder return increased by 184% since re-IPO.

Business segments and assets

• Distribution covers 687 municipalities, 23 million people, and 14% of Brazil’s GDP.

• Generation portfolio is 100% renewable, with 4,072 MW installed capacity, making it the 7th largest in Brazil.

• Transmission includes 11 assets with a RAP of R$1,544 million and new projects underway.

• Services include energy management, efficiency solutions, and financial services for customers.