Lisbon, March 3rd, 2025: Meetings of holders of the Notes were convened in order to approve, by extraordinary resolution, proposals to amend the terms and conditions of the Notes to align with the latest rating methodologies and criteria of S&P Global Ratings (“S&P”) and Moody’s Investor Service (“Moody’s”), pursuant to the terms set out in the annex to this announcement. If the consent solicitation is successful and each extraordinary resolution in relation to each of the series of Notes is passed and implemented, EDP expects S&P to reinstate intermediate equity credit on each of the relevant series of Notes, and to obtain a one notch uplift on the rating assigned to each series of Notes by Moody’s (from Ba1 to Baa3).
The Solicitation Agents for this transaction are BNP Paribas and J.P. Morgan SE. Noteholders may request information regarding the procedures for participating in this process from Kroll Issuer Services Limited.