Lisbon, December 14th, 2020: EDP - Energias de Portugal, S.A. (“EDP”), through its 82.6% owned subsidiary EDP Renováveis, S.A. (“EDPR”), was awarded a 15-year Contract-for-Difference (“CfD”) at the Polish renewable energy auction to sell electricity to be produced by a portfolio of 5 projects of wind and solar with a total capacity of 220 MW. The projects are expected to become operational in 2022 and 2023.

This new long-term contract reinforces EDP’s footprint in Poland with 476 MW in operation and 558 MW already secured in the country for the following years.

As of today, EDP has secured 87% of the ~7.0 GW targeted wind and solar global capacity build-out for the 2019-2022 period, as communicated in the Strategic Update on March 2019, and will continue to develop worldwide profitable projects.

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 and of article 248-A of the Portuguese Securities code.

EDP – Energias de Portugal, S.A.