REN - Redes Energeticas Nacionais (RENE) Corporate Presentation summary

Strategic positioning and business overview

• Holds exclusive TSO and largest gas DSO positions in Portugal, with international operations in Chile, Spain, and Mozambique.

• Operates 9,483 km of electricity and 1,375 km of gas networks in Portugal, with significant EBITDA contributions from both domestic and international assets.

• Maintains long-term electricity and gas concessions in Portugal, ensuring stable operations until at least 2046-2057.

• International growth focused on Chile, with stakes in Electrogas and Transemel, both operating under stable regulatory frameworks.

• Telecommunications business leverages surplus network capacity, providing fiber optics and data services.

Operational excellence and innovation

• Achieves high efficiency and reliability, outperforming international peers in service quality and cost metrics.

• Service interruptions are minimal, with 0.39 minutes for electricity and zero for gas in 2023.

• Invested €1.5M in innovation in 2023, with 33 R&D projects underway, including digitalization and automation initiatives.

• Implements advanced monitoring, robotics, and fiber optic sensing for network management.

• Maintains a strong internal innovation culture, complemented by external ecosystem development.

Sustainability and ESG leadership

• 79% of installed capacity in Portugal is renewable, with 42 days of 100% renewable energy in 2023.

• Reduced scope 1 and 2 emissions by 45% since 2019, targeting carbon neutrality by 2040.

• Achieved 33% women in first-line management and aims for >1/3 by 2030.

• Recognized with high ESG ratings (MSCI AAA, S&P Global 60/100, CDP A-).

• Invested over €4B in Portuguese infrastructure since 2005, with 95% of payments to national suppliers.