Companhia Paranaense de Energia (CPLE6) Copel Day 2025 Presentation summary

Strategic vision and future plans

• Ambition to become the greatest value creator in the Brazilian electricity sector by 2035, focusing on expansion, innovation, and operational excellence.

• Strategic planning targets growth through organic and inorganic means, portfolio optimization, and decarbonization.

• Emphasis on leveraging hydroelectric flexibility, expanding generation capacity, and modernizing assets.

• Plans to capitalize on upcoming concession renewals in generation, transmission, and distribution, with a focus on efficiency and resilience.

• Integrated approach to energy commercialization, customer experience, and digital transformation to compete in the open market.

Financial guidance and value creation

• Consistent value creation through privatization, share buybacks, new capital structure, and a robust dividend policy.

• Targeting a minimum payout of 75% of net income, with leverage maintained between 2.5x and 3.1x net debt/EBITDA.

• Focus on cost leadership, aiming for a 20% reduction in PMSO by 2026 and ongoing optimization of operational costs.

• High return investments prioritized in distribution, generation, and transmission, with R$ 17.8 billion planned for 2026-2030.

• Migration to Novo Mercado by end of 2025 to enhance share liquidity and attract foreign investors.

Business developments and operational excellence

• Major investments in digitalization, smart grid, and customer service, including a best-rated app and remote service capabilities.

• Expansion of generation capacity with new hydro and wind projects, and innovative reversible hydroelectric plants.

• Transmission recognized as best in the country, with ongoing reinforcements and improvements to ensure reliability.

• Distribution modernization includes smart grid rollout, rural network renovation, and robust investment in substations and lines.

• Legal and regulatory strategies focus on risk reduction, asset recovery, and proactive engagement with sector reforms.