Companhia Paranaense de Energia (CPLE6) Corporate presentation summary

Integrated business model and operational highlights

• Operates across distribution, generation, transmission, and trading, with 100% renewable generation and a diversified portfolio of assets and customers.

• Fourth largest electricity distributor in Brazil, serving 5.3 million consumers with a concession until 2045.

• Transmission platform spans 9,700 km, with 96% of RAP renewed for over 15 years and average concession term of 18 years.

• Generation portfolio is fully renewable, with 6,226 MW installed capacity and 67% of concessions renewed for 30+ years.

• Trading arm is among Brazil’s top 10, with a low default rate and strong B2B/B2C presence.

Financial performance and capital structure

• 2025 recurring Ebitda projected at R$5.5 billion (21.6% margin), net profit at R$2.1 billion (8.1% margin), and market cap of R$47.2 billion.

• Ebitda grew 16.7% YoY in 1Q26, with GenCo up 30.7% and DisCo up 10.0%.

• Net debt/EBITDA at 2.8x, within the optimal range of 2.5x–3.1x, supporting a minimum dividend payout of 75% of net income.

• Capex focused on distribution (87.1% in 2025), with robust investments in generation and transmission.

• Comfortable leverage and diversified debt structure, with nominal cost of debt at 13.05% p.a.

Strategic initiatives and growth opportunities

• Achieved highest corporate governance standard (Novo Mercado) and recognized for sustainability by S&P Global and CDP.

• Multi-year investment plan of R$18 billion over five years, with R$13.5 billion in distribution, R$1.9 billion in generation, and R$1.8 billion in transmission.

• Won 2026 Capacity Reserve Auction, adding over 2 GW of hydro capacity, reinforcing long-term growth strategy.

• Focus on operational efficiency, cost reduction, and portfolio optimization, including innovation in pumped-storage hydropower.

• Positioned for organic and inorganic growth, with opportunities in M&A, market liberalization, and upcoming auctions.