edp announcement

Update on tender offer for the acquisition of shares issued by EDP - Energias do Brasil S.A. - Dividend adjustment

Tuesday, 11 April 2023

Update on tender offer for the acquisition of shares issued by EDP - Energias do Brasil S.A. - Dividend adjustment

Lisbon, April 11th, 2023 – Pursuant to the terms of Article 5(3) of Regulation 5/2008 of the Portuguese Securities Market Commission as well as of article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council, EDP - Energias de Portugal, S.A. (“EDP”), in regards to the tender offer for the acquisition of up to all outstanding common shares issued by EDP - Energias do Brasil S.A. (“EDP Brasil”), for the purposes of cancelling EDP Brasil’s registration with the CVM as a class “A” issuer and conversion into class “B” issuer as well as delisting EDP Brasil’s common shares from the special listing segment “Novo Mercado” of B3 S.A. – Brasil, Bolsa, Balcão, hereby communicates to its shareholders and the market in general as follows:

As announced to the market on March 2nd, 2023, EDP set the price of R$24.00 per Tender Offer share, subject to adjustments due to dividends or interest on equity declared by EDP Brasil before the Tender Offer auction.

Considering that on April 11th, 2023, EDP Brasil’s Ordinary and Extraordinary General Meeting (“OEGM”) approved the declaration of dividends (without consider the equity interest on equity already declared) in the total amount of R$152,457,000.00, corresponding to R$0.269366954 per share, to be paid to the holders of common shares issued by EDP Brasil as of the OEGM date-base, the new price of the Tender Offer is of R$23.73 per share.

Additional terms and conditions of the Tender Offer shall be further detailed in the Offer Notice, and the Appraisal Report is available for review at the website of EDP Brasil (https://ri.edp.com.br/en/), on the homepage, when clicking the menu on the left, select “Material Facts” and then “Appraisal Report - EDP - Energias do Brasil, S.A. Tender Offer”).

EDP shall keep its shareholders and the market in general duly informed of any relevant developments or resolutions in respect thereof, pursuant to applicable laws and regulations. This market announcement is for informational purposes only and it does not constitute an offer to acquire securities.

 

EDP – Energias de Portugal, S.A.