Equatorial Energia (EQTL3) Corporate presentation summary

Business overview and strategy

• Operates as a diversified utilities investment platform with activities in distribution, generation, sanitation, and telecom.

• Serves 14.8 million consumers through 7 distribution companies, covering 28% of Brazil's territory.

• Holds a 15% stake in SABESP, the largest sanitation company in Latin America, and full concession in CSA.

• Focuses on asset turnaround, operating efficiency, and disciplined capital allocation.

• Pursues growth through value generation and continuous search for new opportunities.

Financial performance

• Net revenue reached R$53.4 billion (LTM), with adjusted EBITDA at R$12.5 billion.

• Market capitalization stands at R$51.3 billion as of March 31, 2026.

• EBITDA CAGR of 19.7% since IPO, reflecting consistent above-market returns.

• Net income for the latest period is R$2.8 billion, with a history of steady growth.

• Transmission segment results reclassified as discontinued operations from 2025.

Distribution and asset portfolio

• Manages a balanced mix of consolidated and turnaround distribution assets across Brazil.

• Distribution network serves over 14.8 million consumers with a total RAB of R$34.9 billion.

• Grid extension exceeds 811,000 km, with EBITDA per consumer at R$700 in 2025.

• RAB CAGR of 24.1% and organic Parcel B CAGR of 25.2% from 2020 to 2025.

• Tax benefits from SUDAM/SUDENE regions reduce income tax by 75% for eligible concessions.