EDP intends to opt to receive shares following Scrip Dividend announcement of EDPR

Lisbon, February 27th, 2024: EDP – Energias de Portugal, S.A. (“EDP”) hereby informs that:

EDP’s 71.27% owned subsidiary EDP Renováveis, S.A. (“EDPR”), communicated today a scrip dividend program for 2024 (the “Program”), subject to the approval of the Program in the EDPR general shareholders’ meeting and the launch of the Program by the board of directors of EDPR.

Following this announcement, EDP informs the market that, similarly to last year’s scrip dividend program launched by EDPR, it intends to opt to receive shares of EDPR under such Program and, as such, not to sell incorporation rights.

This intention reflects the continued strategic importance that EDPR has for EDP and for the execution of its business plan, prioritizing cashflow reinvestment in accretive growth.

This information is disclosed pursuant to the terms and for the purposes of the article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council.

EDP – Energias de Portugal, S.A.