Annual report 2022 Individual annual accounts 002 Balance sheet at 31 December 2022 THOUSAND EUROS NOTE 2022 2021 ASSETS Intangible assets 5 18,401 21,684 Property, plant and equipment 6 2,062 2,000 Non-current investments in Group companies and associates: 11,090,651 9,000,125 Equity instruments 8 11,078,231 8,992,446 Derivatives 11 8,996 7,679 Other financial assets 9 3,424 - Non-current investments: 36,294 8,696 Equity instruments 9 5,940 8,225 Other financial assets 9 30,354 471 Deferred tax assets 18 37,782 38,637 Total non-current assets 11,185,190 9,071,142 Trade and other receivables: 9 137,577 92,813 Customers, Group companies and associates - current 41,567 70,430 Receivables from Group companies and associates 92,156 21,936 Other receivables 3,853 446 Public entities, other 1 1 Current investments in Group companies and associates: 10.a 25,048 18,143 Derivatives 11 24,958 15,625 Other financial assets 9 90 2,518 Current investments 9 16 16 Prepayments for current assets 238 265 Cash and cash equivalents 12 750,110 2,435,609 Cash 750,110 2,435,609 Total current assets 912,989 2,546,846 Total assets 12,098,179 11,617,988 EQUITY AND LIABILITIES Capital and reserves: Share capital 13.a 4,802,791 4,802,791 Share premium 2,287,451 2,287,451 Reserves 1,563,347 1,649,797 Prior years' losses -104,260 -8,789 Profit/(loss) for the year -220,663 -95,471 Total capital 8,328,666 8,635,779 Fair Value Adjustments 5,023 - Total equity 8,333,689 8,635,779 LIABILITIES Non-current provisions: 2,366 600 Long-term employee benefits 14 2,366 600 Non-current debt: 238,123 48,108 Derivatives arranged with Group companies 11 148,321 5,987 Other financial liabilities 8 89,802 42,121 Non-current debt with Group companies and associates 16.a 2,868,334 2,309,596 Deferred tax liabilities 18 81,973 73,008 Total non-current liabilities 3,190,796 2,431,312 Current debt: 147,130 151,504 Derivatives arranged with Group companies 11 92,861 114,116 Other financial liabilities 54,269 37,388 Current debt with Group companies and associates 16.a 398,617 349,563 Trade and other payables: 27,947 49,830 Payables, Group companies and associates - current 16.c 9,461 19,708 Other payables 16.c 9,244 21,695 Personnel (salaries payable) 16.c 8,019 7,397 Public entities, other 18 1,223 1,030 Total current liabilities 573,694 550,897 Total equity and liabilities 12,098,179 11,617,988

Annual report 2022 Individual annual accounts 003 Income Statement for the year ended 31 December 2022 THOUSAND EUROS NOTE 2022 2021 CONTINUING OPERATIONS Revenues 21 127,780 63,250 Other operating income: 1,318 7,096 Non-trading and other operating income 1,318 7,096 Personnel costs: -41,000 -33,406 Salaries, wages and similar compensation -33,476 -27,423 Employee benefits expense 21.c -7,524 -5,983 Other operating expenses: -48,221 -44,147 External services 21.d -46,625 -43,042 Tax -1,257 -57 Other general expenses -339 -1,048 Amortisation and depreciation 5 & 6 -6,457 -6,088 Impairment and gains/(losses) on disposal: -63,507 - Investments 8 & 12 -63,507 - Operating results -30,087 -13,295 Finance income: 9 1 1 From marketable securities and other financial instruments: 1 1 Other 1 1 Finance cost: 15 -175,857 -111,927 Group companies and associates -172,310 -110,380 Other -3,547 -1,547 Exchange gains and losses 10.d & 16.e -73,316 -7,965 Change in fair value of financial instruments 11 -5,903 3,939 Impairment and gains/(losses) on disposal of financial instruments 11 17,560 1,999 Net finance cost/income -237,515 -113,953 Profit/(loss) before tax -267,602 -127,248 Income tax 18 46,939 31,777 Profit/(loss) for the year from continuing operations -220,663 -95,471 Profit/(loss) for the year -220,663 -95,471

Annual report 2022 Individual annual accounts 004 Statement of changes in equity for the year ended 31 December 2022 a. Statement of recognised income and expense for the year ended 31 December 2022 THOUSAND EUROS NOTE 2022 2021 Net profit/(loss) for the year -220,663 -95,471 Total income and expense recognised directly in equity 5,023 - Cash flow hedge instruments 11 6,697 - Tax effect -1,674 - Total amounts transferred to the income statement - - Cash flow hedge instruments - - Tax effect - - Total recognised income and expense -215,640 -95,471 b. Statement of total changes in equity for the year ended 31 December 2022 THOUSAND EUROS 2022 ENTITY SHARE CAPITAL SHARE PREMIUM RESERVES PROFIT/ LOSS) IN PRIOR YEARS PROFIT/ (LOSS) FOR THE YEAR FAIR VALUE ADJUST- MENT TOTAL Balance at 31 December 2021 4,802,791 2,287,451 1,649,797 -8,789 -95,471 - 8,635,779 Recognised income and expense - - - - -220,663 5,023 -215,640 Capital contribution - - - - - - - Allocation of profit or loss (note 3): Reserves - - - -95,471 95,471 - - Dividends - - -86,450 - - - -86,450 Balance at 31 December 2022 4,802,791 2,287,451 1,563,347 -104,260 -220,663 5,023 8,333,689 THOUSAND EUROS 2021 ENTITY SHARE CAPITAL SHARE PREMIUM RESERVES PROFIT/(LOSS) IN PRIOR YEARS PROFIT/ (LOSS) FOR THE YEAR TOTAL Balance at 31 December 2020 4,361,541 1,228,451 350,091 -8,789 1,388,573 7,319,867 Recognised income and expense - - - - -95,471 -95,471 Capital contribution 441,250 1,059,000 -12,022 - - 1,488,228 Allocation of profit or loss (note 3): Reserves - - 1,318,788 - -1,318,788 - Dividends - - -7,060 - -69,785 -76,845 Balance at 31 December 2021 4,802,791 2,287,451 1,649,797 -8,789 -95,471 8,635,779

Annual report 2022 Individual annual accounts 005 Cash flow statement for the year ended 31 December 2022 THOUSAND EUROS NOTE 2022 2021 CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES: Profit/(loss) for the year before tax -267,602 -127,248 Adjusted profit/(loss): 287,502 120,041 Amortisation and depreciation (+) 5 & 6 6,457 6,088 Gains/(losses) from disposals of investments 8 & 10 63,507 - Finance income (-) -19,978 -1 Finance cost (+) 175,857 111,927 Exchange gains and losses (+/-) 10.d & 16.f 73,316 7,852 Change in fair value of financial instruments 11 5,903 -3,826 Impairment and gains/(losses) on disposal of financial instruments (+/-) 11 -17,560 -1,999 Changes in operating assets and liabilities: -26,977 24,677 Trade and other receivables (+/-) -5,298 9,358 Other current assets 27 44 Trade and other payables (+/-) -21,706 15,275 Other cash flows from (used in) operating activities: -271,790 -55,370 Interest paid (-) -155,775 -102,695 Interest received (+) 19,888 1 Derivative financial instruments received (paid) (+/-) -156,948 9,664 Income tax received (paid) (+/-) 18 21,045 37,660 Cash flows from (used in) operating activities -278,867 -37,900 CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES: Payments for investments: (-) -2,775,183 -1,639,660 Group companies and associates -2,742,876 -1,612,601 Intangible assets -1,729 -25,326 Property, plant and equipment -354 -496 Other financial assets -30,224 -1,237 Proceeds from sale of investments: (+) 976,052 1,321,347 Group companies and associates 973,488 1,321,347 Other financial assets 2,564 - Cash flows from (used in) investing activities -1,799,131 -318,313 CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES: Proceeds from and payments for equity instruments - 1,488,228 Issue of equity instruments (+) - 1,488,228 Payments made and received for financial liability instruments: 457,937 -118,968 Debt issues, Group companies (+) 1,365,076 906,251 Redemption and repayment of debts with Group companies (-) -906,418 -1,025,219 Other financial liabilities (-) -721 - Dividends and interest on other equity instruments paid: -86,450 -76,845 Dividends (-) -86,450 -76,845 Cash flows from (used in) financing activities 371,487 1,292,415 Effect of exchange rate fluctuations 21,012 -9,475 Net increase/decrease in cash and cash equivalents -1,685,499 926,727 Cash and cash equivalents at beginning of year 12 2,435,609 1,508,882 Cash and cash equivalents at year end 12 750,110 2,435,609

Annual Report 2022 Individual annual accounts 006 Index NOTES TO THE INDIVIDUAL ANNUAL ACCOUNTS FOR THE YEARS ENDED 31 DECEMBER 2021 AND 2022 Conflict situation and geopolitical instability in Eastern Europe - Macroeconomic, Regulatory, Operational, Accounting Impact and relationship with Stakeholders 7 01. Nature and activities of the company 02. Basis of presentation 03. Allocation of profit/(loss) 04. Significant accounting policies 05. Intangible assets 06. Property, plant and equipment 07. Risk management policy 08. Investments in equity instruments of group companies and associates 09. Financial assets by category 10. Investments and trade receivables 11. Derivative financial instruments 12. Cash and cash equivalents 13.Capital and reserves 14. Provisions 15. Financial liabilities by category 16. Debt and trade payables 17. Late payments to suppliers 18. Taxation 19. Environmental information 20. Related party balances and transactions 21. Income and expense 22. Employee information 23. Audit fees 24. Commitments 25. Fair value of financial assets and liabilities 26. Events after the reporting period Annex I Annex II 9 12 13 14 24 24 25 27 35 37 39 41 41 42 43 44 48 49 53 53 56 58 58 59 59 60 61 117

Annual report 2022 Individual annual accounts 007 Conflict situation and geopolitical instability in Eastern Europe - Macroeconomic, Regulatory, Operational, Accounting Impact and relationship with Stakeholders On 24 February 2022, a military conflict was initiated in Ukraine with the invasion of its territory by the Russian troops which has resulted in a humanitarian crisis. Direct and indirect victims, and a significant number of refugees and displaced citizens (UN estimate of over 14 million people by end of December 2022) have been caused by the attacks to Ukrainian localities, with several repercussions on the energy, commodities, intermediate goods, customer and service markets. This note identifies actual and potential business, financial, operational, accounting and strategic impacts. Given its geopolitical positioning, the conflict has particular relevance to the continuity of EDPR Group's business in Europe, and for possibly more attenuated spill-overs for the operations in North America, Latin America and Asia. The magnitude of geopolitical tensions remains high, with relevant impacts arising from this crisis continuing to be felt, the worsening and/or prolonging of this conflict may increase an even greater increase in risk and negative impacts for EDPR Group’s business. Impact on energy markets – energy crisis The prices of energy markets, particularly in Europe, rose to historically high levels in the 2nd half of 2021. The military conflict has further weakened energy markets and led to a larger sustained increase in energy prices in Europe, since Russia is one of the main exporters of natural gas. Taking into account the introduction of regulatory measures to contain the price of gas and electricity all over Europe and, in particular, in Iberia, the pool price has stabilized. The main impacts/risks in terms of energy markets are: • Prices of commodities: the sanctions and economic boycott of Russia, in an attempt to stop the aggression against Ukraine, have led to a limitation in the supply of natural gas, and an increase in demand from other markets (e.g., US’s LNG market), putting high pressure on prices of raw materials and, consequently, in the final price of energy; and • Energy dependence/ availability of resources/ increase in economic protectionism: European energy reliance on Russia has also forced a reflection on viable alternatives to ensure energy independence, reinforcing the problem already felt at various levels (economic, political and now energetic) of regionalization/ clustering – in opposition to globalization. This phenomenon consists in the approximation and dialogue with countries/ neighbouring regions with common principles and goals, and an increase in protectionism in relation to other countries, operating autonomously in relation to the rest of the world. EDPR continues to take a cautious approach, and closely monitoring the evolution of the markets. The energy transition is also seen as a measure to increase the resilience and energetic independence of the markets, increasing the renewable share in the energy portfolio, reducing dependence on gas supply, with EDP being a player with a leadership role in this area. Regulatory impact In a context of economic uncertainty and energy crisis, the way in which international and governmental institutions in each country accommodate the impacts and try to limit economic consequences for economic agents were object of analysis and discussion. Several measures with significant impact measures have already been adopted, while others remain under analysis. In particular, to contain energy prices increase, regulatory mechanisms were created in Portugal and Spain by introducing a cap on the value considered for gas, as an electricity production factor (approved on 8 June, with effective date from 15 June 2022 to 31 May 2023). This mechanism implies the payment of compensation amounts to the electricity generators by consumers who will have benefited from the effects of the mechanism. Additionally, several packages of measures leading to energy savings were approved in several European countries, namely Portugal and Spain. Other regulatory mechanisms with an impact on EDPR's business were also applied, namely clawback to inframarginal generation in specific countries (eg Spain, Romania). In Portugal, in addition to the partial reduction of the VAT rate applicable to electricity, the constitution of a strategic water reserve was also approved, which aims to ensure that the storage levels of 15 hydro power plants reach more comfortable values. Other mechanisms are being discussed at European level, namely the definition of a maximum cap on revenues from inframarginal power plants, a solidarity contribution tax on the oil & gas and coal sector, intervention in retail prices and liquidity

Annual report 2022 Individual annual accounts 008 guarantee mechanisms (collateral). Noteworthy is the recent approval of an European Regulation, which contains several of the measures mentioned above and which gives States members some discretion in their adoption or in the adoption of measures with a similar effect In regulatory terms, the main risks identified are: • Possible increase in sectorial charges or taxes on energy companies, creation/increase of additional fees and taxes to bridge the gap between energy production and sale prices (only for those companies benefitting); and • Change in market structure: possible changes in market structure (e.g., introduction of a cap on the price of electricity, or decoupling of gas). EDPR has been closely monitoring the developments on this topic, positioning itself in the best possible way in the face of the challenges brought about by the aforementioned changes. Financial impact In addition to energy markets, financial market continues to experience times of huge instability and volatility, with a significant negative impact. The main financial risks identified are: • Inflation: current constraints are not only limited to gas sourcing, with impact in the energy sector, but also to essential raw materials in sectors such as agriculture, transport, among others, leading to a general increase in prices. EDPR businesses has some exposure to inflation in its revenues (directly or indirectly), mitigating this risk; • Growing interest rates: pressure on interest rates leads to increases in financing costs related with floating rate debt and new fixed rate debt. EDPR has focused on increasing the duration of its fixed debt during the year 2022 and on pre- hedging future financing needs. • Counterparty default: the huge increase of prices in the energy market raised the exposure to some counterparties. Additionally, the prolongation of the conflict and the increase of sanctions against Russia and the penalizations of several institutions may lead to an increase in the default risk of some counterparties; • Liquidity: extremely high initial margins in organized markets due to very high prices and volatility, giving rise to significant cash variations and an increase in collateral requests. EDPR has been closely monitoring the evolution of the financial markets and the financial situation of its counterparties, seeking to mitigate exposure to potential financial risks, with a cautious approach in terms of the interest rate combination with a high percentage of fixed rate, a careful choice of its main counterparties favouring high ratings and high levels of liquidity (cash and available credit lines). Operational impact The Russia-Ukraine conflict has been resulted in several operational impacts, direct and indirect, either due to the presence of EDPR operations in border regions with Ukraine, or due to the dependence on products and raw materials coming from the region. Several risks with operational impacts were identified, namely: • Physical assets and operations: the proximity of physical generation assets to the border with Ukraine, namely in Poland, Romania and Hungary, countries with greater risk of suffering damage in the event of a geographic expansion of the military conflict, is noteworthy. There may also be additional constraints, including increases in the maintenance costs of assets due to a rise in the price of resources and raw materials, and/or due to the unavailability of labour coming from the affected countries; • People's safety: the existence of generation infrastructures close to the conflict region also implies the presence of EDPR teams and subcontracted teams, which, even though these are not permanently in these facilities, may expose them to a higher level of risk with the evolution of the conflict; • Cybersecurity: there continues to be a high number of cyberattacks worldwide, with an increase level of sophistication and a potential impact for EDPR, directly or indirectly (for example, through providers of critical IT and OT services), which continues to motivate reinforcement of safety monitoring and the adoption of complementary measures by EDPR; • Supply chain: there continues to be no relevant direct exposure of EDPR to countries in conflict or sanctioned, however, there may be indirect dependence through EDPR suppliers of products and raw materials (such as copper, aluminium, nickel, among others), from Russia or Ukraine, or whose transport route crosses/passes in the area of the conflict zone, raising the

Annual report 2022 Individual annual accounts 009 possibility that the supply chain may be subject to disruptions by different causes and with variable duration. There is also an increase in the costs associated with these goods, both in terms of production, given the shortage of some raw materials, and in terms of transport; and • Compliance: the application of sanctions to Russia by different countries and organizations, including the EU, continues to require internal monitoring in order to reduce the risk of EDPR's non-compliance with such sanctions and manage any previously established partnerships. EDPR continues to reinforce the security and contingency mechanisms associated with its employees, as well as its operation and critical assets, including but not limited to the active monitoring of the evolution of the different risk factors identified. Additionally, EDPR established local plans and strategies to answer to the possible geographic spread of the conflict, in order to protect people and assets. EDPR's operational and investment activities are reliant on local and global supply chains, with an active management of critical supplies being carried out to minimize potential impacts of disruptions in these chains. Accounting impact EDPR has not applied any different classifications from those normally used in its consolidated income statement, as a result of the conflict above mentioned. To assess possible accounting impacts, the Group reassessed the estimates it considers relevant and which may have been impacted by this fact. Thus, on 31 December 2022, the Group carried out a series of analyses of the relevant estimates and has not determined any materially relevant impacts compared to 31 December 2021. Strategic impact (macroeconomics and relationship with key stakeholders) A) Macroeconomic impact The current geopolitical crisis in Eastern Europe includes significant risks for the economy and society, with an associated level of uncertainty about the duration of the conflict and the economic impacts that will outcome. In global macroeconomic, impacts have been felt in terms of increased costs of raw materials, particularly regarding energetic and agricultural, as well as a greater probability¡y of disruption in international supply chains. Additionally, beside causing the escalation of existing geopolitical tensions, contributing to global instability with still uncertain medium-long-term consequences, the proximity of the conflict to the borders of the EU also represents a challenge to the cohesion between the member states. B) Relationship with stakeholders Since the first moment, EDPR has assumed the commitment to safeguard the interests of its stakeholders and has been permanently following up the main developments of the military conflict and possible implications for all the stakeholders involved. This monitoring and intervention has been manifested at different levels, of which the following stand out: • Employees: EDPR has been reinforcing its internal communication, raising awareness of possible impacts arising from the conflict, as well as its positioning and measures adopted to manage suchoutcomes; • Communities: EDP has launched a humanitarian aid campaign with its employees, and has combined efforts with institutions presented locally, in order to support the most disadvantaged and vulnerable; and • Shareholders: the Management Team has been working closely with the Audit Committee, in order to act in the most suitable manner, protecting the interests of its shareholders. 01. Nature and activities of the company EDP Renováveis, S.A. (hereinafter, "the Company") was incorporated by public deed under Spanish law on 4 December 2007 for an indefinite period of time and commenced operations on the same date. Its registered office is in Oviedo at Plaza del Fresno 2. On 18 March 2008 EDP Renováveis was converted into a company incorporated by shares (Sociedad Anónima).

Annual report 2022 Individual annual accounts 010 According to the Company's articles of association, the statutory activity of EDP Renováveis, S.A. comprises activities related to the electricity sector, specifically the planning, construction, maintenance and management of electricity production facilities, in particular those eligible for the special regime for electricity generation. The Company promotes and develops projects relating to energy resources and electricity production activities as well as managing and administering other companies' equity securities. The Company can engage in its statutory activities directly or indirectly through ownership of shares or investments in companies or entities with identical or similar statutory activities. As explained in note 8, the Company holds investments in subsidiaries. Consequently, in accordance with prevailing legislation, the Company is the parent of a group of companies. In accordance with generally accepted accounting principles in Spain, consolidated annual accounts must be prepared to give a true and fair view of the financial position of the Group, the results of operations and changes in its equity and cash flows. Details of investments in Group companies are provided in Appendix I. The Company belongs to the EDP Group, of which the ultimate parent company is EDP Energias de Portugal, S.A., with registered offices at Avenida 24 de Julho, 12, Lisbon. As at 31 December 2022, EDP Energias de Portugal, S.A through its Spanish branch EDP S.A. - Sucursal en España ("EDP Branch") held a qualified shareholding of 74.98 % of the share capital and voting rights of EDPR and 25.02% of the share capital was free floated in the Euronext Lisbon (see note 13). In December 2011, China Three Gorges Corporation (CTG) signed an agreement to acquire 780,633,782 ordinary shares in EDP from Parpública - Participações Públicas SGPS, S.A., representing 21.35% of the share capital and voting rights of EDP Energias de Portugal S.A., a majority shareholder of the Company. This operation was concluded in May 2012. Subsequent operations have modified such stake to 19.19% as at December 2022. The terms of the above-mentioned agreement through which CTG became a shareholder of the EDP Group stipulate that CTG would make minority investments totaling 2,000 million of Euros in operating and ready-to-build renewable energy generation projects (including co-funding capex). Within the agreement mentioned above, the following transactions have taken place: • In June 2013, EDPR completed the sale of 49% equity shareholding in EDPR Portugal to CTG through CITIC CWEI Renewables S.C.A; • In May 2015, EDPR closed the sale of 49% of the following EDPR Brasil subsidiaries to CTG through CWEI Brasil participaçoes LTDA: Elebrás Projetos S.A, Central Nacional de Energia Eólica S.A, Central Eólica Baixa do Feijão I S.A, Central Eólica Baixa do Feijão II S.A, Central Eólica Baixa do Feijão III S.A, Central Eólica Baixa do Feijão IV S.A, Central Eólica Jau S.A. and Central Eólica Aventura S.A; • In October 2016, EDPR completed the sale of 49% equity shareholding in EDP Renewables Polska SP.Zo.o. to CTG through ACE Poland S.Á.R.L. and the sale of 49% equity shareholding in EDP Renewables Italia S.r.l. to CTG through ACE Italy S.Á.R.L.; • In June 2017, EDPR Group closed the sale of 49% equity shareholding in EDPR PT - Parques Eólicos, S.A. to CTG through ACE Portugal S.Á.R.L.; • In December 2018, EDPR completed the sale of 10% equity shareholding in the equity consolidated offshore company Moray East Holdings Limited to CTG through China Three Gorges (UK) Limited. On 10 December 2021, following the acquisition of Sunseap by EDP Renováveis S.A. and consequent entry into the Asian Market, EDP and CTG updated the Strategic Partnership Agreement (concluded in December 2011). This update aims to make the growth strategies of both companies more flexible, ensuring the application of the most demanding corporate governance standards in their future relationships. As of 31 December 2022, EDP Renováveis S.A. directly holds a 100% stake in the share capital of the following companies: EDP Renewables Europe, S.L. (EDPR EU), EDP Renewables North America, LLC (EDPR NA), EDP Renewables Canada, Ltd. (EDPR Canada), EDP Renováveis Brasil, S.A. (EDPR BR), Colombian companies Eolos Energía S.A.S. E.S.P., Vientos del Norte S.A.S. E.S.P., Solar Power Solutions S.A.S. E.S.P, Parque Solar Fotovoltaico El Copey, S.A.S. E.S.P, Vietnamese company EDP Renewables Vietnam Ltd., Singaporean companies Trung Song SG Pte. Ltd., Sunseap Group Pte. Ltd., Chilean company EDP Renewables Chile SpA. and the Mexican company Parque Solar Los Cuervos, S. de R.L. de C.V. The Group essentially operates in the European (Spain, Portugal, Poland, Romania, France, Italy, Greece, UK and Belgium), American (U.S., Brazil, Canada and Mexico) and Asian (Vietnam, Singapore, Taiwan and China) energy sectors.

Annual report 2022 Individual annual accounts 011 EDPR Group is currently developing wind and solar onshore projects in other countries such as, UK, Germany, Netherlands, Chile, Colombia, Hungary and South Korea. Further, EDPR Group signed an agreement with ENGIE on January 2020 to establish a co- controlled 50/50 joint venture, OW Offshore S.L. (Ocean Winds), in fixed and floating offshore wind business. This entity will be the exclusive vehicle of investment of EDPR and ENGIE for offshore wind opportunities worldwide. EDP Renováveis, S.A. reached an agreement to acquire the control over the Sunseap Group Pte. Ltd., the largest distributed solar player and top 4 solar player in Southeast Asia. The operation has been structured through an agreement with the major shareholders of Sunseap. Sunseap is a Solar focused renewables company headquartered in Singapore and has more than 400 employees spread across 9 markets, namely Singapore, Vietnam, Malaysia, Indonesia, Thailand, Cambodia, China, Taiwan and Japan and by the time of the agreement had more than 0.5 GW of capacity in operation and under construction and almost 5 GW of pipeline in different stages of development. This transaction has been completed in February 2022 once the conditions precedent have been fulfilled. EDP Renováveis, S.A. through its subsidiary, EDP Renewables Europe, S.L.U., has acquired a 66.80% stake in a solar generation portfolio, Kronos Solar Projects GmbH. Group, for a total of 9,4GW under development located in Germany, Netherlands, France and UK. EDP Renováveis Group, through its subsidiaries has an installed capacity, as follows: INSTALLED CAPACITY MW 31 DEC 2022 31 DEC 2021 United States of America 6,025 5,908 Spain 2,166 2,194 Portugal 1,168 1,142 Brazil 1,114 795 Poland 733 747 Romania 521 521 Mexico 496 400 Vietnam 405 28 Italy 295 384 France 214 181 Singapore 230 - Canada 130 130 Greece 45 45 China 44 - Taiwan 32 - Belgium 11 11 United Kingdom 5 5 Thailand 1 - 13,635 12,490

Annual report 2022 Individual annual accounts 012 Additionally, the EDP Renováveis Group through its equity-consolidated companies has an installed capacity, attributed to EDPR, as follows: INSTALLED CAPACITY MW 31 DEC 2022 31 DEC 2021 United States of America 592 592 Spain 156 156 Portugal 31 31 APAC 15 - Offshore 311 311 1,105 1,090 02. Basis of presentation A) True and fair view The annual accounts for 2022 have been prepared on the basis of the accounting records of EDP Renováveis, S.A., in accordance with prevailing legislation and the Spanish General Chart of Accounts to give a true and fair view of the equity and financial position at 31 December 2022 and results of operations, changes in equity, and cash flows for the year then ended. The directors consider that the accompanying individual annual accounts for 2022, authorised for issue on 27 February 2023, will be approved with no changes by the shareholders at their annual general meeting. B) Comparative information The balance sheet, income statement, statement of changes in equity, cash flow statement and the notes thereto for 2022 include comparative figures for 2021, which formed part of the 2021 annual accounts approved by shareholders at the annual general meeting held on 31 March 2022. C) Functional and presentation currency The figures disclosed in the annual accounts are expressed in thousands of Euros, the Company's functional and presentation currency. D) Critical issues regarding the valuation and estimation of relevant uncertainties and judgements used when applying accounting principles Relevant accounting estimates and judgements and other estimates and assumptions have to be made when applying the Company's accounting principles to prepare the annual accounts. A summary of the items requiring a greater degree of judgement or which are more complex, or where the assumptions and estimates made are significant to the preparation of the annual accounts, is as follows: Relevant accounting estimates and assumptions The Company tests investments in Group companies for impairment on an annual basis. Impairment is calculated by comparing the carrying amount of the investment with its recoverable amount. The recoverable amount is the higher of value in use and fair value less costs to sell. The Company generally uses cash flow discounting methods to calculate these values. Cash flow discounting calculations are based on projections in the budgets approved by management. The cash flows take into consideration past experience and represent management's best estimate of future market performance. The key assumptions employed when determining fair value less costs to sell and value in use include growth rates in accordance with best estimates of rises in electricity prices in each country, the weighted average cost of capital and tax rates. The estimates, including the methodology used, could have a significant impact on values and impairment loss. In certain cases, when estimating impairment of such investments, the investee's equity is taken into consideration, corrected for any net unrealised gains existing at the measurement date.

Annual report 2022 Individual annual accounts 013 The fair value of derivative financial instruments corresponds to their market value, if available, or to quotes indicated by external entities through the use of valuation techniques, which are compared in each date of report to fair values available in common financial information platforms. Recording and recovery of deferred tax assets. The recording and recoverability of deferred tax assets is assessed when they are generated and subsequently at each statement of financial position reporting date in accordance with expected taxable income/tax loss. The Company also takes into account future tax obligations constituting the recovery of such assets. Changes in accounting estimates Although estimates are calculated by the Company's directors based on the best information available at 31 December 2022, future events may require changes to these estimates in subsequent years. Any effect on the annual accounts of adjustments to be made in subsequent years would be recognised prospectively. 03. Allocation of profit/(loss) The proposed allocation of 2022 profit to be submitted to the shareholders for approval at their annual general meeting is as follows: EUROS BASIS OF ALLOCATION: Loss for the year -220,662,410 Voluntary reserve -240,139,541 DISTRIBUTION: Prior years' losses -220,662,410 Dividends -240,139,541 Total The distribution of profit and reserves of the Company for the year ended 31 December 2021, approved by the shareholders at their annual general meeting held on 31 March 2022, was as follows: EUROS BASIS OF ALLOCATION: Loss for the year -95,471,089 Voluntary reserve 86,450,235 DISTRIBUTION: Prior years' losses -95,471,089 Dividends 86,450,235 Total At 31 December, non-distributable reserves are as follows: THOUSAND EUROS 2022 2021 NON-DISTRIBUTABLE RESERVES: Legal reserve 214,828 214,828 214,828 214,828

Annual report 2022 Individual annual accounts 014 Profit recognised directly in equity cannot be distributed, either directly or indirectly. 04. Significant accounting policies A) Foreign currency transactions, balances and cash flows Foreign currency transactions have been translated into Euros using the exchange rate at the transaction date. Monetary assets and liabilities denominated in foreign currencies have been translated into Euros at the closing rate, while non- monetary assets and liabilities measured at historical cost have been translated at the exchange rate at the transaction date. In the cash flow statement, cash flows from foreign currency transactions have been translated into Euros at the exchange rates at the dates the cash flows occur. The effect of exchange rate fluctuations on cash and cash equivalents denominated in foreign currencies is recognised separately in the cash flows statement as Effect of exchange rate fluctuations. Exchange gains and losses arising on the settlement of foreign currency transactions and the translation into Euros of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss. B) Intangible assets Computer software is measured at purchase price and carried at cost, less any accumulated amortisation and impairment. Computer software is amortised by allocating the depreciable amount on a systematic basis over its useful life, which has been estimated at five years from the asset entering normal use. Capitalised personnel expenses of employees who install computer software are recognised as Self-constructed assets in the income statement. Computer software acquired and produced by the Company, including website costs, is recognised when it meets the following conditions: • Payments attributable to the performance of the project can be measured reliably. • The allocation, assignment and timing of costs for each project are clearly defined. • There is evidence of the project's technical success, in terms of direct operation or sale to a third party of the results thereof once completed and if a market exists. • The economic and commercial feasibility of the project is reasonably assured. • Financing to develop the project, the availability of adequate technical and other resources to complete the development and to use or sell the resulting intangible asset are reasonably assured. • There is an intention to complete the intangible asset for its use or sale. Computer software maintenance costs are charged as expenses when incurred. C) Property, plant and equipment Property, plant and equipment are measured at cost of acquisition. Property, plant and equipment are carried at cost less any accumulated depreciation and impairment. Property, plant and equipment are depreciated by allocating the depreciable amount of an asset on a systematic basis over its useful life. The depreciable amount is the cost of an asset, less its residual value. The Company determines the depreciation charge separately for each component of an item of property, plant and equipment with a cost that is significant in relation to the total cost of the asset and with a useful life that differs from the remainder of the asset.

Annual report 2022 Individual annual accounts 015 Property, plant and equipment are depreciated using the following criteria: DEPRECIATION METHOD ESTIMATED YEARS OF USEFUL LIFE Other installations Straight-line 10 Furniture Straight-line 10 Information technology equipment Straight-line 4 D) Financial instruments Financial Assets Financial assets at fair value through changes in profit or loss This category includes equity instruments not held for trading that must not be measured at cost and where, at initial recognition, the entity has made an irrevocable election to present subsequent changes in fair value directly in profit or loss. It also includes financial assets irrevocably designated, at initial recognition, as at fair value through profit or loss and that, on the contrary would have been included in another category to eliminate or significantly reduce a measurement inconsistency or accounting imbalance that would otherwise occur when measuring assets and liabilities using different bases. Initial measurement The financial assets in this category are initially measured at fair value which, unless proven otherwise, is the transaction price (equivalent to fair value of the consideration paid). Directly attributable transaction costs are registered to profit or loss for the reporting period. Subsequent measurement After initial recognition, the entity measures the financial assets in this category at fair value through profit or loss. Financial assets at amortised cost This category includes those financial assets, including any admitted to trading on an organised market, that the Company holds in order to collect contractual cash flows, where the contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal outstanding. Contractual cash flows that are solely payments of principal and interest on the principal outstanding are inherent in an agreement that is classified as a standard or regular loan, irrespective of whether the loan is interest free or at a below-market rate. This category includes trade and non-trade receivables. a. Trade receivables: financial assets deriving from the sale of goods and rendering of services in the normal course of business that are collected as deferred payments; and b. Non-trade receivables: financial assets not arising from normal business activities that are not equity instruments or derivatives, have fixed or determinable repayments, and derive from loans or credits granted by the entity. Initial measurement The financial assets in this category are initially recognised at fair value which, unless evidence is available to the contrary, is the transaction price (equivalent to fair value of the consideration paid plus directly attributable transaction costs). However, trade receivables which have no explicit contractual interest rate and mature within one year, as well as personal loans, dividends receivable and called up capital, expected to be received in the short term, are measured at their nominal value when it is considered that the effect of not discounting cash flows is immaterial.

Annual report 2022 Individual annual accounts 016 Subsequent measurement The financial assets in this category are measured at amortised cost. Interest accrued is taken to profit and loss using the effective interest method. However, receivables which mature in less than a year and, in accordance with that stated in the previous section, are initially measured at their nominal value continue to be measured at that amount, except impaired receivables. When the contractual cash flows deriving from a financial asset change due to the issuer encountering financial difficulties, the entity analyses if it is appropriate to recognise an impairment loss. Impairment At least at the end of each reporting period, valuation adjustments are made provided there is objective evidence that a financial asset or group of financial assets with similar risk characteristics that are measured collectively is impaired, as a result of one or more events after initial recognition that lead to a reduction or delay in estimated future cash flows, that may be the result of the insolvency of a debtor. Impairment losses on financial assets are measured as the difference between the carrying amount and the present value of future cash flows – including, where applicable, any deriving from the enforcement of security interests and personal guarantees – to which they will give rise, discounted at the effective interest rate calculated on initial recognition. In the case of financial assets with floating interest rates, the effective interest rate at the reporting date is used according to the contractual terms. Impairment allowances, and the reversal thereof when the value of said impairment decreases due to a subsequent event, are charged or credited, respectively, to profit or loss. Any reversal of impairment is limited to the carrying amount of the asset that would have been recognised at the reversal date had no impairment allowance been recognised. Financial assets at fair value through equity This category includes financial assets whose contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal outstanding and are not held for trading and cannot be classified as “Financial assets at amortised cost”. This category also includes equity instruments that have been irrevocably designated as “Financial assets at fair value through equity”. Initial measurement The financial assets included in this category are initially measured at fair value which, as a general rule, is the transaction price, i.e. the fair value of the consideration given plus any directly attributable transaction costs, including the amount of the any preferential subscription rights acquired. Subsequent measurement The financial assets include in this category are measured at their fair value without deducting such costs to sell as might be incurred. Changes in fair value are recognised directly in equity until the financial asset is derecognised or impaired, at which time the amount recognised is reclassified to profit or loss. That said, impairment allowances and exchange gains and losses on monetary financial assets in a foreign currency are recognised to profit or loss. Any interest calculated using the effective interest rate method, and accrued dividends are also taken to profit or loss. When a value needs to be assigned to these assets due to write-off or for another reason, the weighted average value for each homogeneous group is applied. In the exceptional circumstances that an equity instrument’s fair value is no longer reliable, previous adjustments recognised in equity are treated the same as impairment of financial assets at cost.

Annual report 2022 Individual annual accounts 017 When preferential subscription and similar rights are sold our split to be exercised, the amount of the rights in question reduces the carrying amount of the respective assets. This amount equates to the fair value or cost of the rights, measured in the same way as the associated financial assets. Impairment The necessary valuation adjustments are recognised at least at the end of each reporting period whenever there is objective evidence that a financial asset or group of financial assets included in this category with similar risk characteristics that are measured collectively is impaired, as a result of one or more events after initial recognition that lead to: a. In the case of debt instruments acquired, a reduction or delay in estimated future cash flows, possibly due to debtor insolvency; or b. In the case of investments in equity instruments, the asset’s carrying amount not being recoverable, evidenced by a prolonged or significant decline in its fair value. As a general rule, an instrument is considered to be impaired when there has been a prolonged decrease in its value over a twelve-month period or 40% of its trading price, without its value recovering, notwithstanding that it may be necessary to recognise an impairment loss before the end of this period or before its trading price has fallen by this percentage. The impairment allowance recognised on these financial assets is the difference between their cost, less any impairment allowance previously recognised in profit or loss, and their fair value on the measurement date. Any cumulative fair value losses recognised in equity are reclassified to profit or loss whenever there is objective evidence of financial asset impairment. Any increases in fair value in subsequent reporting periods are credited to profit or loss for the year to reverse the valuation adjustment recognised in previous reporting periods. This is the case, except for increases in the fair value of equity instruments recognised directly in equity. Financial assets at cost The following are included in this category for measurement purposes: a. Equity investments in group companies, jointly-controlled entities and associates; b. Other investments in equity instruments whose fair value cannot be determined using a price quoted on an active market for an identical instrument or cannot be reliably estimated, along with the underlying derivatives of these investments; c. Hybrid financial assets whose fair value cannot be reliably estimated, except where the requirements for them to be recognised at amortised cost have been met; d. Contributions made under joint venture or similar arrangements; e. Participating loans whose interest is contingent, either because a fixed interest rate or a floating rate tied to the borrower reaching a specific milestone (e.g. posting a profit) has been agreed or because the interest is calculated solely by referring to the borrower’s business performance; and f. Any other financial asset that should initially be recognised at fair value through profit or loss, but it is not possible to reliably estimate its fair value. Initial measurement Investments included in this category are initially measured at cost, which equates to the fair value of the consideration paid plus any directly attributable transaction costs. The latter are not included in the cost of investments in group companies. Nonetheless, if an investment in a company existed before being classified as an investment in a group company, jointly- controlled entity or associate, the cost of the investment is taken as its carrying amount immediately before the investee being classified as such. The value of any preferential subscription and similar rights acquired is also included in the initial measurement. Subsequent measurement The equity instruments included in this category are measured at cost less any accumulated impairment allowances.

Annual report 2022 Individual annual accounts 018 When a value needs to be assigned to these assets due to write-off or for another reason, the weighted average cost of homogeneous group of assets – these being taken as securities conferring the same rights – is applied. When preferential subscription and similar rights are sold our split to be exercised, the cost of the rights in question reduces the carrying amount of the respective assets. Contributions made under a joint venture or similar arrangement are measured at cost, plus or minus, respectively, the profit or loss attributable to the equity as an investor not manager, and minus where applicable the cumulative amount of any impairment allowances. The same criteria are followed for participating loans whose interest is contingent, either because a fixed interest rate or a floating rate tied to the borrower reaching a specific milestone (e.g. posting a profit) has been agreed or because the interest is calculated solely by referring to the borrower’s business performance. If an irrevocable fixed interest rate is agreed as well as contingent interest, the contingent interest is booked as finance income on an accruals basis. Transaction costs are taken to profit or loss on a straight-line basis over the term of the participating loan. Impairment At least at the end of each reporting period, the necessary impairment allowances are recognised whenever there is objective evidence that the carrying amount of an investment will not be recoverable. The valuation adjustment is measured as the difference between the asset’s carrying amount and the amount that is expected to be recovered, the latter being the greater of fair value less costs to sell and the present value of the future cash flows derived from the investment. In the case of equity instruments, these cash flows are calculated as those expected to be received in the form of dividends paid out by the investee and from the disposal or derecognition of the equity stake in the investee, by estimating the entity’s share in future expected cash flows from the investee, whether in the ordinary course of business or through its disposal or derecognition. Unless there is better evidence of the recoverable value of investments in equity instruments, impairment losses on this type of asset are calculated based on the investee’s equity and any unrealised capital gains at the measurement date, net of the tax effect. Where the investee has also invested in another entity, the recoverable value is calculated based on the equity included in the consolidated annual accounts prepared in accordance with the Code of Commerce and implementing regulations. Impairment allowances and any reversals thereof are recognised as an expense or income, respectively, in profit or loss. Reversals are limited to the carrying amount of the investment that would have been recognised at the reversal date had no impairment been recognised. That said, if an investment had been made in an entity before it was classified as a group company, jointly controlled entity or associate and before that classification, valuation adjustments had been recognised directly in the equity deriving from that investment, the adjustments are retained after said classification until the investment is disposed of or derecognised. At this point or once the following circumstances apply, the valuation adjustments are taken to profit or loss: a. In the case of previous valuation adjustments due to increases in value, the impairment allowances are taken to equity, which includes the previously recognised valuation adjustments up to the value of the allowances, while any surplus is taken to profit or loss. Impairment allowances taken directly to equity are not reversed. b. In the case of previous valuation adjustments due to decreases in value, when the recoverable value is subsequently higher than the carrying amount of the investments, the latter is increased up to the level of the aforementioned reduction in value, against the line item which included the previous valuation adjustments and, from that point, the new amount is taken as the cost of the investment. However, when there is objective evidence that the investment is impaired, the losses accumulated directly in equity are taken to profit or loss. Financial Liabilities For measurement purposes, financial liabilities are classified into one of the following categories: Financial liabilities at amortised cost This category generally includes trade and non-trade payables. • Trade payables: financial liabilities deriving from the purchase of goods and services in the normal course of business that are settled as deferred payments; and

Annual report 2022 Individual annual accounts 019 • Non-trade payables: financial liabilities that are not derivative instruments, and do not arise from normal business activities rather from loans or credit facilities received by the entity. Participating loans that are standard or regular loans are also included in this category, irrespective of the agreed interest rate (zero or below the market rate). Initial measurement The financial liabilities in this category are initially recognised at fair value which is the transaction price (equivalent to fair value of the consideration received adjusted for any directly attributable transaction costs). However, trade payables which mature within one year and have no contractual interest rate, as well as called-up equity holdings, expected to be paid in the short term, are measured at their nominal value when the effect of not discounting cash flows is immaterial. Subsequent measurement The financial liabilities in this category are measured at amortised cost. Accrued interest is taken to profit or loss using the effective interest rate method. However, payables which mature in less than a year and are initially measured at their nominal value continue to be measured at that amount. Financial liabilities at fair value through profit or loss This category includes financial liabilities meeting any of the following conditions: • Liabilities held for trading. • Liabilities irrevocably designated, at initial recognition, as measured at fair value through profit or loss because: • An inconsistency or accounting imbalance is significantly reduced or eliminated with other instruments at fair value through profit or loss; or • A group of financial liabilities, or financial assets and liabilities is managed and its performance is evaluated on a fair- value basis, in accordance with a documented risk management or investment strategy, and information regarding that group is also provided to key management personnel on a fair-value basis. • Hybrid financial liabilities that cannot be separated, included optionally and irrevocably. Initial and subsequent measurement The financial liabilities in this category are initially measured at fair value which is the transaction price (equivalent to fair value of the consideration received). Directly attributable transaction costs are recognised directly in profit or loss for the year. After initial recognition, the financial liabilities in this category are recognised at fair value through profit or loss. In the case of convertible bonds, the fair value of the liability component is calculated using the interest rate for similar non- convertible bonds. This amount is recognised as a liability at amortised cost until it is settled on conversion or expiration. The other income obtained is allocated to the conversion option which is recognised in equity. If existing debt is renegotiated, no substantial changes to the financial liability are deemed to exist when the lender of the new loan is the same as the lender of the initial loan, and the present value of the cash flows, including net commissions, does not differ by more than 10% from the present value of the outstanding cash flows of the original liability calculated using the same method. E) Cash and cash equivalents Cash and cash equivalents include cash on hand and demand deposits in financial institutions. They also include other short- term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value. An investment normally qualifies as a cash equivalent when it has a maturity of less than three months from the date of acquisition.

Annual report 2022 Individual annual accounts 020 The Company classifies current accounts with Group companies under this heading if they are considered to be cash-pooling accounts when there is a debit balance. If not, they are recorded under current payables with Group companies and associates. The Company recognises cash payments and receipts for financial assets and financial liabilities in which turnover is quick on a net basis in the statement of cash flows. Turnover is considered to be quick when the period between the date of acquisition and maturity does not exceed six months. F) Provisions Provisions are recognised when the Company has a present obligation (legal, contractual, constructive or tacit) as a result of a past event; it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation; and a reliable estimate can be made of the amount of the obligation. The amount recognised as a provision is the best estimate of the expenditure required to settle the present obligation at the end of the reporting period, taking into account all risks and uncertainties surrounding the amount to be recognised as a provision and, where the time value of money is material, the financial effect of discounting provided that the expenditure to be made each period can be reliably estimated. The discount rate is determined before taxes, taking into consideration the time value of money, as well as the specific risks that have not been included in the future cash flows relating to the provision at each closing date. The financial effect of the provisions is recognised as a financial expense in the income statement. If it is not probable that an outflow of resources will be required to settle an obligation, the provision is reversed. G) Revenue from sales and services rendered The modification of the norm of registration and valuation of income and sales for the provision of services approved in Royal Decree 1/2021, has not had a significant impact on the Company, since the income of the same is not considered within the scope of the regulatory change. Revenue from the sale of goods and the rendering of services is measured at the fair value of the consideration received or receivable. Discounts, as well as the interest added to the nominal amount of the consideration, are recognised as a reduction in the consideration. Revenues associated with the rendering of services are recognised in the income statement by reference to the stage of completion at the reporting date when revenues, the stage of completion, the costs incurred and the costs to complete the transaction can be estimated reliably and it is probable that the economic benefits derived from the transaction will flow to the Company. H) Income tax The income tax expense or tax income for the year comprises current tax and deferred tax. Current tax assets or liabilities are measured at the amount expected to be paid to or recovered from the taxation authorities, using the tax rates and tax laws that have been enacted or substantially enacted at the reporting date. Current and deferred tax are recognised as income or an expense and included in profit or loss for the year, except to the extent that the tax arises from a transaction or event which is recognised, in the same or a different year, directly in equity, or from a business combination. The Company files consolidated tax returns as part of the 385/08 group headed by EDP Energías de Portugal, S.A. Sucursal en España. In addition to the factors to be considered for individual taxation, set out previously, the following factors are taken into account when determining the accrued income tax expense for the companies forming the consolidated tax group: • temporary and permanent differences arising from the elimination of profits and losses on transactions between Group companies, derived from the process of determining consolidated taxable income.

Annual report 2022 Individual annual accounts 021 • deductions and credits corresponding to each company forming the consolidated tax group. For these purposes, deductions and credits are allocated to the company that carried out the activity or obtained the profit necessary to obtain the right to the deduction or tax credit. Temporary differences arising from the elimination of profits and losses on transactions between tax group companies are allocated to the company which recognised the profit/loss and are valued using the tax rate of that company. A reciprocal credit and debit arise between the companies that contribute tax losses to the consolidated Group and the rest of the companies that offset those losses. Where a tax loss cannot be offset by the other consolidated Group companies, these tax credits for loss carryforwards are recognised as deferred tax assets using the applicable recognition criteria, considering the tax group as a taxable entity. The Parent of the Group records the total consolidated income tax payable (recoverable) with a debit (credit) to receivables (payables) from/to Group companies and associates. The amount of the debt (credit) relating to the subsidiaries is recognised with a credit (debit) to payables (receivables) to/from Group companies and associates (see note 18). Taxable temporary differences Taxable temporary differences are recognised in all cases except where they arise from the initial recognition of goodwill or an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither accounting profit nor taxable income. Deductible temporary differences Deductible temporary differences are recognised provided that it is probable that sufficient taxable income in the consolidated tax group will be available against which the deductible temporary difference can be utilised, or when tax legislation envisages the possibility of converting deferred tax assets into a receivable from public entities in the future. The Company recognises the conversion of a deferred tax asset into a receivable from public entities when it becomes enforceable in accordance with prevailing tax legislation. For this purpose, the deferred tax asset is derecognised with a charge to the deferred tax expense and the receivable is recognised with a credit to current tax. The Company recognises the payment obligation deriving from financial contributions as an operating expense with a credit to payables to public entities when it is accrued in accordance with the Spanish Income Tax Law. Nonetheless, assets arising from the initial recognition of an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither accounting profit nor taxable income, are not recognised. In the absence of evidence to the contrary, it is not considered probable that the Company will have future taxable profit when the deferred tax assets are expected to be recovered in a period of more than ten years from the end of the reporting period, irrespective of the nature of the deferred tax asset; or, in the case of tax credits for deductions and other tax relief that are unused due to an insufficient amount of total tax, when there is reasonable doubt - after the activity or the income giving rise to entitlement to the deduction or tax credit has been rendered or received, respectively - as to whether the requirements for their offset will be met. The Company only recognises deferred tax assets arising from tax loss carryforwards when it is probable that future taxable profit in the consolidated tax group will be generated against which they may be offset within the period stipulated in applicable tax legislation, up to a maximum period of ten years, unless there is evidence that their recovery in a longer period of time is probable and tax legislation provides for their utilisation in a longer period or stipulates no time limit for their utilisation. Conversely, it is considered probable that the Company will generate sufficient taxable profit to recover deferred tax assets when there are sufficient taxable temporary differences relating to the same taxation authority and the same taxable entity, which are expected to reverse in the same tax period as the expected reversal of the deductible temporary differences or in periods into which a tax loss arising from a deductible temporary difference can be carried back or forward.

Annual report 2022 Individual annual accounts 022 The Company recognises deferred tax assets not previously recognised because they were not expected to be utilised within the ten-year recovery period, inasmuch as the future reversal period does not exceed ten years from the end of the reporting period or when there are sufficient taxable temporary differences. Tax planning opportunities are only considered when assessing the recoverability of deferred tax assets and if the Company intends to use these opportunities or it is probable that they will be utilised. Measurement Deferred tax assets and liabilities are measured at the tax rates that are expected to apply to the years when the asset is realised or the liability is settled, based on tax rates and tax laws that have been enacted or substantially enacted. The tax consequences that would follow from the manner in which the Company expects to recover or settle the carrying amount of its assets or liabilities are also reflected in the measurement of deferred tax assets and liabilities. For these purposes, the Company has considered the deduction for reversal of the temporary measures provided in transitional provision thirty-seven of Income Tax Law 27/2014 of 27 November 2014 as an adjustment to the tax rate applicable to the deductible temporary difference associated with the non- deductibility of amortisation and depreciation charges in 2013 and 2014. Classification Deferred tax assets and liabilities are recognised in the statement of financial position under non-current assets or liabilities, irrespective of the expected date of recovery or settlement. I) Classification of assets and liabilities as current and non-current The Company classifies assets and liabilities in the statement of financial position as current and non-current. Current assets and liabilities are determined as follows: • assets are classified as current when they are expected to be realised or are intended for sale or consumption in the Company's normal operating cycle, they are held primarily for the purpose of trading, they are expected to be realised within 12 months after the reporting date or are cash or a cash equivalent, unless the assets may not be exchanged or used to settle a liability for at least 12 months after the reporting date. • liabilities are classified as current when they are expected to be settled in the Company's normal operating cycle, they are held primarily for the purpose of trading, they are due to be settled within 12 months after the reporting date or the Company does not have an unconditional right to defer settlement of the liability for at least 12 months after the reporting date. • financial liabilities are classified as current when they are due to be settled within 12 months after the reporting date, even if the original term was for a period longer than 12 months, and an agreement to refinance or to reschedule payments on a long-term basis is completed after the reporting date and before the annual accounts are authorised for issue. J) Environmental issues Environmental assets Non-current assets acquired by the Company to minimise the environmental impact of its activity and to protect and improve the environment, including the reduction and elimination of future pollution from the Company's activities, are recognised as property, plant and equipment in the balance sheet at purchase price or cost of production and depreciated over their estimated useful lives. Environmental expenses Environmental expenses are the costs derived from managing the environmental effects of the Company's operations and existing environmental commitments. These include expenses relating to the prevention of pollution caused by ordinary activities, waste treatment and disposal, decontamination, restoration, environmental management or environmental audit. Expenses derived from environmental activities are recognised as operating expenses in the period in which they are incurred.

Annual report 2022 Individual annual accounts 023 Environmental provisions The Company makes an environmental provision when expenses are probable or certain to arise but the amount or timing is unknown. Where necessary, provision is also made for environmental actions arising from any legal or contractual commitments and for those commitments acquired for the prevention and repair of environmental damage. K) Related party transactions Transactions between Group companies are recognised at the fair value of the consideration given or received. The difference between this value and the amount agreed is recognised in line with the underlying economic substance of the transaction. All transactions with related parties take place on an arm’s length basis. L) Hedge accounting The Company uses financial instruments to hedge net investments in foreign operations and interest rate risk. Derivatives not qualified for hedge accounting are accounted for as trading instruments. Hedging derivatives are recorded at fair value, being the gains and losses recognised in accordance with the hedge accounting model applied by the Company. Hedge relationship exists when: • The hedging relationship consists only hedging instruments and hedged items that are eligible as per determined in accounting policies. • At the inception of the hedge there is formal documentation of the hedging relationship and the Group's risk management objective and strategy for the hedge; • There is an economic relationship between the hedged item and the hedging instrument; • The effect of credit risk does not dominate the value changes that result from that economic relationship; • The hedge ratio of the hedging relationship is the same as that resulting from the quantity of the hedged item that the entity actually hedges and the quantity of the hedging instrument that the entity actually uses to hedge that quantity of hedged item. Net investment in foreign operations The Company hedges net investments in foreign operations in relation to its investment in the Group companies EDP Renewables North America, LLC., EDP Renováveis Brasil S.A., EDP Renewables Canada, Ltd, Sunseap Group, Pte Ltd., Parque Solar Los Cuervos, S. de R.L. de C.V. and Colombian subsidiaries. Changes in the fair value of derivatives that are designated and qualify as hedge of net investments in foreign operations are recorded in the income statement, together with any changes in the fair value of the hedged investments that are attributable to the hedged risk Cash flow hedge Changes in the fair value of derivatives qualified as cash flow hedges are recognised in reserves. The cumulative gains or losses recognised in reserves are reclassified to the income statement when the hedged item affects the income statement. When a hedging relation of a future transaction is discontinued, the changes in the fair value of derivative recognised in reserves remain recognised in reserves until the future hedged transaction occurs. When the future transaction is no longer expected to occur, the cumulative gains or losses recognized in reserves are recorded immediately in the income statement. M) Hedges of a net investment in a foreign operation The Company hedges the foreign currency risk arising from investments in Group companies denominated in foreign currency. The portion of gains or losses on the hedging instrument or on the exchange rate of the monetary item used as the hedging instrument is recognised as exchange gains or losses in the income statement. Gains or losses on investments related to the underlying foreign currency amount in the annual accounts are recognised as exchange gains or losses in profit and loss.

Annual report 2022 Individual annual accounts 024 N) Grants, donations and bequests Grants, donations and bequests are recorded in recognised income and expense when, where applicable, they have been officially awarded, the conditions attached to them have been met or there is reasonable assurance that they will be received. Monetary grants, donations and bequests are measured at the fair value of the sum received, whilst non-monetary grants, donations and bequests received are accounted for at fair value. In subsequent years, grants, donations and bequests are recognised as income as they are applied. O) Long- and short-term employee benefits The Company recognises the expected cost of profit-sharing and bonus plans when it has a present legal or constructive obligation to make such payments as a result of past events and a reliable estimate of the obligation can be made. 05. Intangible assets Details of intangible assets and movement are as follows: THOUSAND EUROS BALANCE AT 31.12.20 ADDITIONS TRANSFER BALANCE AT 31.12.21 ADDITIONS TRANSFER BALANCE AT 31.12.22 COST: Computer software 33,642 - 764 34,406 - 1,743 36,149 Computer software under development 2,712 2,718 -764 4,666 2,882 -1,743 5,805 36,354 2,718 - 39,072 2,882 - 41,954 AMORTISATION: Computer software -11,575 -5,813 - -17,388 -6,165 - -23,553 -11,575 -5.813 - -17,388 -6,165 - -23,553 Carrying amount 24,779 -3,095 - 21,684 -3,283 - 18,401 Additions in 2022 and 2021 reflect information management applications purchased or developed during the year. At the 2022 reporting date, the Company had fully amortised intangible assets in use amounting to Euros 5,894 thousand (Euros 5,197 thousand in 2021). During 2022 and 2021 personnel costs have not been capitalized as intangible assets. At 31 December 2022 and 2021 the Company has no commitments to purchase intangible assets. 06. Property, plant and equipment Details of property, plant and equipment and movement are as follows:

Annual report 2022 Individual annual accounts 025 THOUSAND EUROS BALANCE AT 31.12.20 ADDITIONS BALANCE AT 31.12.21 ADDITIONS BALANCE AT 31.12.22 COST: Other fixtures 3,049 406 3,455 - 3,455 Information technology equipment and furniture 1,544 85 1,629 - 1,629 Other fixtures under development - 5 5 354 359 4,593 496 5,089 354 5,443 DEPRECIATION: Other fixtures -1,937 -161 -2,098 -182 -2,280 Information technology equipment and furniture -877 -114 -991 -110 -1,101 -2,814 -275 -3,089 -292 -3,381 Carrying amount 1,779 221 2,000 62 2,062 Additions in 2021 mainly reflected the work related to Company's headquarters carried out during the year. The Company has taken out insurance policies to cover the risk of damage to its property, plant and equipment. The coverage of these policies is considered sufficient. Fully depreciated property, plant and equipment amount to Euros 2,389 thousand at the 2022 reporting date (Euros 2,235 thousand in 2021) and comprise information technology equipment and furniture. At 31 December 2022 and 2021 the Company has no commitments to purchase property, plant and equipment. 07. Risk management policy Financial risk factors The Company's activities are exposed to various financial risks: market risk (including currency risk and fair value interest rate risk), credit risk, liquidity risk and cash flow interest rate risk. The Company's global risk management programme focuses on uncertainty in the financial markets and aims to minimise potential adverse effects on the Company's profits. The Company uses derivatives to mitigate certain risks. The directors of the Company are responsible for defining general risk management principles and establishing exposure limits and it is carried out by the Finance Department of the Company in accordance with the policies approved by the Board of Directors. The main functions, among other, includes the identification and evaluation of hedging instruments. All operations involving derivative financial instruments are subject to prior approval from the board of directors, which sets the parameters of each operation and approves the formal documents describing the objectives of the operation. Currency risk The Company operates internationally and is therefore exposed to currency risk when operating with foreign currencies, especially with regard to the US Dollar, the Brazilian Real, the Canadian Dollar, the Singapore Dollar and the Colombian Pesos. Currency risk is associated with recognised assets and liabilities, and net investments in foreign operations. The Company holds investments in group companies that are denominated in foreign currency, which are therefore exposed to exchange-rate risk at year-and when translating those amounts into the Company’s functional currency (euro). Currency risk affecting these investments is mitigated primarily through derivative financial instruments and borrowings in the corresponding foreign currencies. Details of hedged financial assets and the derivative financial instruments obtained to mitigate the currency risk are provided in notes 8 and 11.

Annual report 2022 Individual annual accounts 026 Details of financial assets and liabilities in foreign currencies and transactions in foreign currencies are provided in notes 8, 10, 11, 16 and 21. Credit Risk The Company is not significantly exposed to credit risk as the majority of its balances and transactions are with Group companies. As the counterparties of derivative financial instruments are Group companies, and the counterparties of their derivative financial instruments are highly solvent banks, the Company is not subject to significant counterparty default risk. Guarantees or other derivatives are therefore not requested in this type of operation. The Company has documented its financial operations in accordance with accounting policies. The majority of its operations with derivative financial instruments are therefore contracted under "ISDA Master Agreements", which facilitate the transfer of instruments in the market. The total amount of financial assets subject to credit risk is shown in note 10. Liquidity Risk Liquidity risk is the risk that the Company will be unable to comply with its financial commitments on maturity. The Company's approach in managing liquidity risk is to guarantee as far as possible that liquidity will always be available to pay its debts before they mature, in normal conditions and during financial difficulties, without incurring unacceptable losses or compromising the Company's reputation. The directors have estimated cash flows which show that the Company will meet existing commitments at 2022 year end and those expected for 2023. Compliance with the liquidity policy ensures that contracted commitments are paid, maintaining sufficient credit facilities. The EDP Renováveis Group manages liquidity risk by arranging and maintaining credit facilities with its majority shareholder, or directly with domestic and international entities in the market, under optimal conditions, to ensure access to the financing required to continue its activities. Details of financial assets and financial liabilities by contractual maturity date are provided in notes 10 and 16. Cash flow and fair value interest rate risks In 2022 and 2021 the Company does not have a considerable amount of interest-bearing assets and as a result, income and cash flows from operating activities are not significantly affected by fluctuations in market interest rates. Interest rate risk arises from non-current borrowings, which are extended by Group companies. The loans have fixed interest rates, mitigating the risk of interest rate volatility. Details of hedged financial assets and the derivative financial instruments obtained to hedge them are provided in notes 8 and 11. Additionally, during the 2022, the Company has executed interest rate pre-hedges of its future intercompany loans refinancing needs with EDP in USD, aiming to lock-in future interest rates levels given the current scenario of high volatility and uncertainty.

Annual report 2022 Individual annual accounts 027 08. Investments in equity instruments of Group companies and associates Details of direct investments in equity instruments of Group companies and associates are as follows: THOUSAND EUROS 2022 2021 GROUP COMPANIES EDP Renováveis Brasil S.A. 587,228 424,471 EDP Renewables Europe, S.L.U. 3,079,340 3,079,340 EDP Renewables North America, LLC 5,464,273 4,555,090 EDP Renewables Canada, Ltd. 142,739 100,672 EDP Renováveis Servicios Financieros S.A. 274,892 274,892 EDPR România, S.R.L 25 25 Eolos Energias S.A.S E.S.P 52,059 63,284 Vientos del Norte S.A.S E.S.P 14,130 39,537 Parque Solar Fotovoltaico El Copey, S.A.S. E.S.P. 7,920 - Solar Power Solutions, S.A.S. E.S.P. 57,121 59,768 Parque Solar Los Cuervos, S. de R.L. de C.V. 185,637 21,852 EDPR Vietnam 254 254 OMA Haedori Co., Ltd. 1,874 2,970 Vientos de Coahuila, S.A. de C.V. 1,342 - EDP Renewables Chile, SpA 6.898 3,783 Trung Son SG PTE. LTD. 13,988 13,867 Sunseap Group Pte. Ltd. 838,095 - Aioliki Oitis Energiaki 246 246 Other (See Appendix I) 10 10 Total 10,728,071 8,640,061 ASSOCIATES Solar Works BV - 2,227 OW Offshore S.L. 350,158 350,158 Other (See Appendix I) 2 Total 350,160 352,385 Total 11,078,231 8,992,446 (Note 10A)

Annual report 2022 Individual annual accounts 028 Movement in Group and associate equity instruments during 2022 and 2021 was as follows: 2022 THOUSAND EUROS 31.12.2021 ADDITIONS DISPOSALS IMPAIRMENT CHANGES IN EXCHANGE RATES 31.12.2022 GROUP COMPANIES EDP Renováveis Brasil S.A. 424,471 185,728 - - -22,971 587,228 EDP Renewables Europe, S.L 3,079,340 - - - - 3,079,340 EDP Renewables North America, LLC 4,555,090 595,976 - - 313,207 5,464,273 EDP Renewables Canada, Ltd 100,672 45,615 - - -3,548 142,739 EDP Renováveis Servicios Financieros S.A 274,892 - - - - 274,892 EDPR România, S.R.L 25 - - - - 25 Eolos Energía, S,A,S E.S.P 63,284 13,527 - -23,411 -1,341 52,059 Vientos del Norte S.A.S E.S.P 39,537 12,516 - -37,231 -692 14,130 Parque Solar Fotovoltaico El Copey, S.A.S. E.S.P. - 7,920 - - - 7,920 Solar Power Solutions, S.A.S. E.S.P. 59,768 - - - -2,647 57,121 Parque Solar Los Cuervos, S. de R.L. de C.V. 21,852 168,630 - -4,845 185,637 EDPR Vietnam 254 - - - - 254 OMA Haedori Co., Ltd. 2,970 790 -1,897 - 11 1,874 Vientos de Coahuila, S.A. de C.V. - 1,451 - - -109 1,342 EDP Renewables Chile, SpA 3,783 2,822 - - 293 6,898 Trung Son SG PTE. LTD. 13,867 - -754 - 875 13,988 Sunseap Group Pte. Ltd. - 796,831 - - 41,264 838,095 Aioliki Oitis Energiaki 246 - - - - 246 Other (See Appendix I) 10 - - - - 10 Total 8,640,061 1,831,806 -2,651 -60,642 319,497 10,728,071 ASSOCIATES Solar Works BV 2,227 - -2,227 - - - OW Offshore S.L. 350,158 - - - - 350,158 Other (See Appendix I) - 2 - - - 2 Total 352,385 2 -2,227 - - 350,160 Total 8,992,446 1,831,808 -4,878 -60,642 319,497 11,078,231

Annual report 2022 Individual annual accounts 029 2021 THOUSAND EUROS 31.12.2020 ADDITIONS DISPOSALS CHANGES IN EXCHANGE RATES 31.12.2021 GROUP COMPANIES EDP Renováveis Brasil S.A. 254,576 169,708 - 187 424,471 EDP Renewables Europe, S.L 3,079,340 - - - 3,079,340 EDP Renewables North America, LLC 4,462,403 - -255,382 348,069 4,555,090 EDP Renewables Canada, Ltd 96,247 81,917 -85,932 8,440 100,672 EDP Renováveis Servicios Financieros S.A 274,892 - - - 274,892 EDPR România, S.R.L 25 - - - 25 Eolos Energía, S,A,S E.S.P 32,668 30,833 - -217 63,284 Vientos del Norte S.A.S E.S.P 16,014 23,636 - -113 39,537 Solar Power Solutions, S.A.S. E.S.P. 57,915 2,282 - -429 59,768 Parque Solar Los Cuervos, S. de R.L. de C.V. 20,169 - - 1,683 21,852 EDPR Vietnam 254 - - - 254 OMA Haedori Co., Ltd. - 2,970 - - 2,970 EDP Renewables Chile, SpA - 3,783 - - 3,783 Trung Son SG PTE. LTD. - 13,187 - 680 13,867 Aioliki Oitis Energiaki - 246 - - 246 Other (See Appendix I) 10 - - - 10 Total 8,294,513 328,562 -341,314 358,300 8,640,061 ASSOCIATES Solar Works BV 2,227 - - - 2,227 OW Offshore S.L. 18,628 331,530 - - 350,158 Total 20,855 331,530 - - 352,385 Total 8,315,368 660,092 -341,314 358,300 8,992,446 A) Investments in Group companies and associates Details of direct and indirect investments in Group companies are provided in Appendix I. In 2022 and 2021 the Company financed its subsidiary EDP Renewables North America, LLC (EDPR NA) by subscribing successive capital increases/reductions for a net amount of Euros 595,976 thousand and Euros 255,382 thousand (US Dollars 669,109 and 267,959 thousand) representing an increase in 2022 and 2021, respectively. In 2022 and 2021, the Company subscribed capital increases in EDP Renováveis Brasil S.A. for Euros 185,728 thousand and Euros 169,708 thousand (Brazilian Reals 1,020,000 thousand and 1,067,668 thousand), respectively. In 2022 and 2021, the Company subscribed capital increases in EDP Renewables Canada Ltd, for Euros 45,615 thousand and Euros 81,917 thousand (Canadian Dollars 61,200 and 121,600 thousand), respectively. In 2022 and 2021, the Company subscribed capital increases in Eolos Energía, S.A.S E.S.P. for Euros 13,527 and Euros 30,833 thousand (Colombian Pesos 59,771 and 139,024 million), respectively. This investment entails a success fee of Euros 19,319 thousand (US Dollars 20,605 thousand), which the Company has recognised in other current financial liabilities (see note 16a). During 2022 the Company recognised impairment of Euros 23,411 thousand because of the impairment test performed on the investment.

Annual report 2022 Individual annual accounts 030 In 2022 and 2021, the Company subscribed capital increases in Vientos de Norte, S.A.S E.S.P. for Euros 12,516 and Euros 23,636 thousand (Colombian Pesos 55,225 and 106,567 million), respectively. This investment entails a success fee of Euros 6,559 thousand (US Dollars 6,996 thousand), which the Company has recognised in other current financial liabilities (see note 16a). During 2022 the Company recognised impairment of Euros 37,231 thousand because of the impairment test performed on the investment. During 2022, the Company entered into the purchase of Parque Solar Fotovoltaico El Copey, S.A.S. E.S.P. for Euros 7,920 thousand (Colombian pesos 34,988 million). This acquisition entailed a success fee of Euros 5,255 thousand (US Dollars 5,605 thousand), which the Company has recognised in other non-current financial liabilities (see note 16a). During 2022, the Company subscribed a capital increase in the Mexican company Parque Solar Los Cuervos, S. de R.L. de C.V. for Euros 168,630 thousand (US Dollars 173,250 thousand). This investment entailed a success fee of Euros 1,948 thousand (US Dollars 2,078 thousand), which the Company recognised in other current financial liabilities (see note 16a). During 2022, the Company subscribed a capital increase in the Mexican company Vientos de Coahuila, S. de R.L. de C.V. for Euros 1,451 thousand (US Dollars 1,431 thousand). During 2022 the Company entered into the purchase of the Singapore company Sunseap Group PTE. Ltd. for Euros 706,246 thousand (Singapore Dollars 1,071,470 thousand), which mainly correspond to the initial consideration determined within the business acquisition framework for the amount of Euros 659,658 thousand. This acquisition entailed a call option to acquire the remaining percentage of the shares with the minority shareholders of Euros 57,440 thousand (Singapore Dollars 82,139 thou- sand), which the Company has recognised in other non-current financial liabilities (Euros 40,991 thousand) and in other current financial liabilities (Euros 16,449 thousand) (see note 16a). Additionally, the Company has subscribed a capital increase of Euros 90,585 thousand (Singapore Dollars 125,000 thousand). During 2021 the Company entered into the purchase of the South Korean company OMA Haedori Co., Ltd. for Euros 2,970 thousand (South Korean Won 4,007 million). In 2022, the Company increased its investment entering into the purchase of additional 15% of the subsidiary for Euros 790 thousand (South Korean Won 1,064 million). This acquisition entailed a success fee of Euros 725 thousand (South Korean Won 975 million), which the Company has recognised in other non-current financial liabilities (see note 16a). During 2022, the Company has reduced the investment and the success fee and converted the latter to South Korean Won from US Dollars, according to the signed closing agreement in Euros 1,897 thousand. During 2021 the Company entered into the purchase of the Chilean companies Los Llanos Solar SpA, Parque Eólico San Andres, SpA and Parque Eolico Victoria, SpA for Euros 899 thousand (Chilean Pesos 792,744 thousand). Subsequently, the Company incorporated the Chilean company EDP Renewables Chile, SpA for Euros 1 thousand (USD Dollars 1 thousand) and subscribed a capital increase in this company by contributing shares in Chilean companies previously acquired. Additionally, during 2022 and 2021, the Company subscribed capital increases in EDP Renewables Chile, SpA for Euros 2,822 and 2,883 thousand (USD Dollars 3,259 and 3,000 thousand), respectively. During 2021, the Company entered into the purchase of the Singapore company Trung Son SG PTE. Ltd. for Euros 13,187 thousand (US dollars 15,705 thousand). This acquisition entailed a success fee of Euros 3,459 thousand corresponding to US Dollars 3,690 thousand (Euros 4,313 thousand corresponding to US Dollars 4,885 thousand at 31 December 2021), which the Company has recognised in other current financial liabilities (see note 16a). During 2022, the Company has reduced the success fee and the investment in Euros 754 thousand (US Dollars 785 thousand). During 2022 the Company incorporated the South Korean company EDPR Korea, Ltd for Euros 75 thousand (South Korean Won 100 million). At the end of the year the Company entered into the sale of this investment. This operation generated loses on the income statement of Euros 75 thousand. During 2022 the Company entered into the sale of the Dutch associated company Solar Works B.V. This operation was made at book value amounting to Euros 2,227 thousand, without impact in the accompanying income statement. During 2021, the Company entered into the purchase of 5% of the Greek company Aioliki Oitis Energiaki E.P.E., for Euros 246 thousand. This acquisition entailed a success fee of Euros 226 thousand, which the Company has recognised in other non- current financial liabilities (Euros 53 thousand) and in other current financial liabilities (Euros 173 thousand) (see note 16a). During 2021, the Company subscribed a capital increase in the company Ocean Winds Offshore, S.L. for Euros 331,530 thousand.

Annual report 2022 Individual annual accounts 031 Testing for impairment in investments in equity instruments Testing for impairment in investments in equity instruments is carried out annually. The recoverable amount is determined using the value in use. Shareholder discounted cash flows were used to carry out this analysis. This method is based on the principle that the estimated value of an entity or business is defined by its capacity to generate future financial resources, assuming that these resources can be withdrawn from the business and distributed among the Company's shareholders, without compromising the continuation of the activity. The amount was therefore based on free cash flows generated by each company's business, less appropriate discount rates and net debt. The projection period for future cash flows is the useful life of the assets (30 years for Wind and 35 years for Solar), which is in line with the current amortisation method. Cash flows also include long-term operating contracts and long-term estimates of energy prices, provided that the asset carries market prices risk. The following main assumptions are used for testing impairment: • Energy produced: the wind studies carried out are used to determine the net capacity factors used for each farm, which take into account the long-term predictability of wind production and that wind energy production is supported in almost all countries by regulations that allow priority production and supply whenever weather conditions allow. • Electricity remuneration: approved or contracted remuneration has been applied when available with regards the companies that benefit from regulated remuneration or that have signed agreements to sell their predetermined production over the entire useful life of the asset or a part of it; when this option was not available, prices were calculated using price curves projected by the company using its experience, internal models and external information sources. • New capacity: tests were based on the best information available about the wind farms expected to be built in the coming years, adjusted by the likelihood that the planned projects will be completed successfully and by the company's growth prospects based on the objectives in the business plan, historical growth and projections of market size. Tests took into account the contracted and expected prices for acquiring turbines from several suppliers. • Operating costs: contracts entered into for land leases and maintenance agreements were used; other operating costs were projected in a manner consistent with the company's internal models and experience. • Residual value: residual value is taken as 15% of the initial investment in each wind farm, taking inflation into consideration. • Discount rate: the following discount rates used are after taxes and they reflect the EDPR Group's best estimate of the specific risks: 2022 2021 Europe 3,7%-8,6% 2,9%-5,6% North America 6,1% 4,6% LATAM 5,9%-9,6% 7,6%-9,3% APAC 6,9%-10,8% 4,6%-7,7% EDPR has performed the following sensitivity analyses on the results of the affected impairment tests: • 10% reduction in the market prices used in the reference scenario. This sensitivity analysis performed independently for such an assumption does not assume any impairment. • Increase in the discount rate used in the reference scenario of 100 base points. This sensitivity analysis performed independently for such an assumption does not assume any impairment. In 2022 the Company recognised impairment of Euros 60,642 thousand as a result of the impairment test performed on the in- vestment in Eolos Energía, S.A.S. E.S.P. (Euros 23,411 thousand) and Vientos de Norte, S.A.S. E.S.P. (Euros 37,231 thousand). Furthermore, no impairment has been recognised as a result of the tests performed on the remaining investments during 2022 and 2021. Foreign currency The functional currencies of foreign operations are the currencies of the countries in which they are domiciled. These are primarily the US Dollar, the Canadian Dollar, the Brazilian Real, Singapore Dollar and Colombian Pesos.

Annual report 2022 Individual annual accounts 032 Hedged investments Details of investments, the fair value of which is hedged against currency risk, at 31 December 2022 and 2021 are as follows: THOUSAND EUROS INTEREST COVERED INTEREST NOT COVERED TOTAL 2022 EDP Renováveis Brasil S.A. 266,688 320,540 587,228 EDP Renewables North America, LLC. (EDPR NA) 5,464,273 - 5,464,273 EDP Renewables Canada, Ltd 142,739 - 142,739 Eolos Energía, S,A,S E.S.P 8,026 44,033 52,059 Vientos del Norte S.A.S E.S.P 4,144 9,986 14,130 Solar Power Solutions, S.A.S. E.S.P. 15,836 41,285 57,121 Parque Solar Los Cuervos, S. de R.L. de C.V. 185,637 - 185,637 OMA Haedori Co., Ltd. 725 1,149 1,874 Vientos de Coahuila, S.A. de C.V. 1,342 - 1,342 EDP Renewables Chile, SpA 6,898 - 6,898 Trung Son SG PTE. LTD. 13,988 - 13,988 Sunseap Group Pte. Ltd. 838,095 - 838,095 Total 6,948,391 416,993 7,365,384 THOUSAND EUROS INTEREST COVERED INTEREST NOT COVERED TOTAL 2021 EDP Renováveis Brasil S.A. 19,611 404,860 424,471 EDP Renewables North America, LLC. (EDPR NA) 4,513,649 41,441 4,555,090 EDP Renewables Canada, Ltd 100,672 - 100,672 Eolos Energía, S,A,S E.S.P 11,684 51,600 63,284 Vientos del Norte S.A.S E.S.P 6,032 33,505 39,537 Solar Power Solutions, S.A.S. E.S.P. 23,053 36,715 59,768 Parque Solar Los Cuervos, S. de R.L. de C.V. 21,852 - 21,852 Trung Son SG PTE. LTD. 13,867 - 13,867 Total 4,710,420 568,121 5,278,541 Management hedges foreign currency risk arising from the Company's investments in EDP Renewables North America, LLC., denominated in foreign currency. The changes in value due to exchange rate fluctuations of equity instruments and the changes in fair value of hedging instruments are recognised in exchange gains/losses in the income statement. Details for 2022 and 2021 are as follows:

Annual report 2022 Individual annual accounts 033 THOUSAND EUROS GAINS/(LOSSES) 2022 EDPR NA EDPR BR SUNSEAP OTHER TOTAL Investments in Group companies (note 11) 313,207 -22,971 41,264 -12,003 319,497 Hedging instruments Foreign currency derivatives (note 11) -236,290 11,467 -58,558 4,976 -278,405 Current account in foreign currency (note 11) 15,159 - - 3,786 18,945 Fixed rate debt in foreign currency (note 11) -132,238 - - - -132,238 Other financial liabilities (note 16a) - - 422 11 433 -40,162 -11,504 -16,872 -3,230 -71,768 THOUSAND EUROS GAINS/(LOSSES) 2021 EDPR NA EDPR BR EDPR CA OTHER TOTAL Investments in Group companies (note 11) 348,069 187 8,440 1,604 358,300 Hedging instruments Foreign currency derivatives (note 11) -172,326 985 -8.537 1,419 -178,459 Current account in foreign currency (note 11) -6,316 - - -2.363 -8,679 Fixed rate debt in foreign currency (note 11) -173,802 - - - -173.802 -4,375 1,172 -97 660 -2,640 The hedging instruments used by the Company to hedge foreign currency risk arising from the investments in EDP Renewables North America, LLC. comprise: • hedging instrument consisting of EUR/USD swaps taken out with EDP Energias de Portugal, S.A. with a notional amount of USD 2,778,816 thousand. The fair value of the hedging instrument amounts to Euros 82,128 thousand at 31 December 2022 (Euros 76,217 thousand at 31 December 2021) and has been recognised under under non-current debt in non- current liabilities (see note 11). During 2022, an agreement of this kind has been settled generating losses of Euros 95,916 thousand, which is recognised in the exchange differences account. These hedging instrument incurred a net finance cost of Euros 26,612 thousand (net cost of Euros 15,311 thousand in 2021), which has been recognised under finance costs on debt with Group companies (Euros 32,889 thousand) and Revenue as financial income (Euros 6,277 thousand) in the accompanying income statement. • hedging instrument comprising a EUR/USD cross interest rate swap arranged with EDPR Servicios Financieros, S.A. for a notional amount of US Dollars 960,711 thousand (US Dollars 348,110 thousand in 2021). The fair value of the hedging instrument amounts to Euros 69,947 thousand at 31 December 2022 (Euros 3,063 thousand at 31 December 2021) and has been recognised under debt in current and non-current liabilities (Euros 5,965 thousand and Euros 63,982 thousand respectively) (see note 11). These hedging instrument incurred a net finance cost of Euros 14,235 thousand (net cost of Euros 2,857 thousand in 2021), which has been recognised under finance costs on debt with Group companies (Euros 27,249 thousand) and Revenue as financial income (Euros 13,014 thousand) in the accompanying income statement. • hedging instrument comprising a EUR/USD forwards arranged with EDP Finance, B.V. and EDP Energias de Portugal, SA for a notional amount of US Dollars 978,200 thousand (US Dollars 971,700 thousand in 2021). The fair value of the hedging instrument amounts to Euros 24,700 thousand at 31 December 2022 (Euros 26,011 thousand at 31 December 2021) and has been recognised under Investments in Group companies and associates in non-current assets (Euros 206 thousand) and under current debt in current liabilities (Euros 24,906 thousand) (see note 11). During 2022 some agreements of this kind has been settled generating losses of Euros 68,891 thousand, which is recognised in the exchange differences account • current account with EDPR Servicios Financieros, S.A. for an amount of US dollars 58,378 thousand at 31 December 2022 (USD 371,323 thousand at 31 December 2021). On 31 December 2022, the fair value of the current account amounts to Euros 54,733 thousand (Euros 327,850 thousand at 31 December 2021) and is recorded in the caption cash

Annual report 2022 Individual annual accounts 034 and cash equivalents of the attached balance sheet (see note 12). The current account has generated revenues on exchange differences in 2022 for Euros 15,159 thousand (losses of Euros 6,316 thousand in 2021); • loans received from EDP Finance BV in US Dollars with a notional amount of US Dollars 260,676 thousand (US Dollars 373,075 thousand in 2021). These loans have generated losses from exchange differences in 2022 of Euros 14,076 thousand (losses of Euros 26,744 thousand in 2021); • loans received from EDP Renovaveis Servicios Financieros, S.A. in US Dollars with a notional amount of US Dollars 2,162,783 thousand (US Dollars 1,778,816 in 2021). These loans have generated losses from exchange differences in 2022 of Euros 118,162 thousand (losses of Euros 147,058 thousand in 2021). To hedge the currency risk arising from the exposure of the investment in EDP Renováveis Brasil S.A., denominated in Brazilian Reals, the Company has arranged a hedging instrument comprising a swap and four forward for a total notional amount of Brazilian Reals 1,502,500 thousand (two swaps for a total notional amount of Brazilian Reals 120,500 thousand in 2021). The net fair value of the hedging instrument amounts to Euros 18,757 thousand at 31 December 2022 (Euros 10,893 thousand at 31 December 2021) and has been recognised under Investments in Group companies and associates in current assets (see note 11). During 2022, an agreement of this kind has been settled generating revenues of Euros 3,603 thousand, which is recognised in the exchange differences account. This hedging instrument incurred a net finance cost of Euros 1,671 thousand (cost of Euros 1,145 thousand in 2021), which has been recognised under finance costs on debt with Group companies (Euros 1,674 thousand) and Revenue as financial income (Euros 3 thousand) in the accompanying income statement. To hedge the currency risk arising from the exposure of the investment in EDP Renewables Canada, Ltd, denominated in Canadian Dollars, the Company has arranged a hedging instrument comprising nine swaps and ten forward for a total notional amount of Canadian Dollars 183,848 thousand (ten swaps for a total notional amount of Canadian Dollars 139,148 thousand in 2021). At 31 December 2022 the fair value of the hedging instrument amounts to Euros 2,237 thousand (Euros 5,454 thousand at 31 December 2021) and has been recognised under Investments in Group companies and associates in current and non-current assets (Euros 2,799 thousands and Euros 2,092 thousand respectively), and under debt in current and non-current liabilities (Euros 1,541 thousand and Euros 1,113 thousand respectively) (see note 11). During 2022, some agreements of this kind has been settled generating costs of Euros 4,125 thousand, which is recognised in the exchange differences account. These hedging instruments incurred a net finance cost of Euros 2,210 thousand (cost of Euros 919 thousand in 2021), which has been recognised under finance costs on debt with Group companies (Euros 2,525 thousand) and Revenue as financial income (Euros 315 thousand) in the accompanying income statement. To hedge the currency risk arising from the exposure of the investment in Sunseap Group Pte. Ltd., denominated in Singapore Dollars, the Company has arranged a hedging instrument comprising six forward for a total notional amount of Singapore Dollars 1,113,867 thousand. At 31 December 2022 the fair value of the hedging instrument amounts to Euros 59,157 thousand and has been recognised under debt in current and non-current liabilities (Euros 58,058 thousand and Euros 1,099 thousand respectively) (see note 11). During 2022, an agreement of this kind has been settled generating costs of Euros 827 thousand, which is recognised in the exchange differences account. In order to avoid the exposure to exchange rate risk of the investment in the Colombian companies Eolos Energía, S.A.S E.S.P., Vientos de Norte, S.A.S E.S.P. and Solar Power Solution, S.A.S E.S.P., which are denominated in COP, the Company maintains a hedge instruments consisting of one swap and two forwards with a total notional value of Colombian Pesos 132,042 million (two swaps and three forward for a total amount of Colombian Pesos 184,577 million in 2021). The fair value of the hedging instrument at 31 December 2022 totalled Euros 3,401 thousand (Euros 966 thousand at 31 December 2021), and is recognised under Investments in Group companies and associates in current assets (see note 11). During 2022 some agreements of this kind has been settled generating costs of Euro 856 thousand, which is recognised in the exchange differences account. This hedging instrument incurred a net finance cost of Euros 614 thousand (Euros 278 thousand in 2021), which has been recognised under finance costs on debt with Group companies (Euros 640 thousand) and Revenue as financial income (Euros 26 thousand) in the accompanying income statement. The Company financed the US dollar 195,923 thousand investment in the Mexican company Parque Solar Los Cuervos, S. de R.L. de C.V. using its US dollar denominated current account to avoid exposure to exchange-rate risk (US Dollars 22,672 thousand in 2021). On 31 December 2022, the fair value of the current account amounts to Euros 183,689 thousand (Euros 20,018 thousand at 31 December 2021) and is recorded in the caption Cash and cash equivalents on the attached balance sheet (see note 12). The current account has generated revenues on exchange differences of Euros 4,845 thousand (losses of Euros 1,683 thousand in 2021). The Company financed the US dollar 11,230 thousand investment in the Singapore company Trung Son SG PTE. LTD. using its US dollar denominated current account to avoid exposure to exchange-rate risk. On 31 December 2022, the fair value of the current account amounts to Euros 10,529 thousand (Euros 9,553 thousand in 2021) and is recorded in the caption Cash and cash

Annual report 2022 Individual annual accounts 035 equivalents on the attached balance sheet (see note 12). The current account has generated losses on exchange differences of Euros 876 thousand (Euros 680 thousand in 2021). The Company financed the US dollar 7,357 thousand investment in the Chilean company EDP Renewables Chile, SpA. using its US dollar denominated current account to avoid exposure to exchange-rate risk. On 31 December 2022, the fair value of the current account amounts to Euros 6,898 thousand and is recorded in the caption Cash and cash equivalents on the attached balance sheet (see note 12). The current account has generated losses on exchange differences of Euros 293 thousand. The Company financed the US dollar 1,431 thousand investment in the Mexican company Vientos de Coahuila, S.A. de C.V. using its US dollar denominated current account to avoid exposure to exchange-rate risk. On 31 December 2022, the fair value of the current account amounts to Euros 1,342 thousand and is recorded in the caption Cash and cash equivalents on the attached balance sheet (see note 12). The current account has generated revenues on exchange differences of Euros 110 thousand. 09. Financial assets by category The classification of financial assets by category and class, as well as a comparison of the fair value and the carrying amount is as follows: 2022 THOUSAND EUROS NON-CURRENT CURRENT CARRYING AMOUNT FAIR VALUE AT FAIR VALUE TOTAL CARRYING AMOUNT FAIR VALUE AT FAIR VALUE TOTAL Financial assets at amortised cost: Loans - - - - 15 15 - 15 Other financial assets 33,778 33,778 - 33,778 91 91 - 91 Trade and other receivables - - - - 137,576 137,576 - 137,576 Total 33,778 33,778 - 33,778 137,682 137,682 - 137,682 Financial assets at cost: Equity instrument in Group companies 11,078,231 11,078,231 - 11,078,231 - - - - Total 11,078,231 11,078,231 - 11,078,231 - - - - Financial assets at fair value through equity: Other equity instruments 5.940 5,940 - 5,940 - - - - Total 5.940 5,940 - 5,940 - - - - Financial assets at fair value through profit or loss: Hedging derivatives traded on OTC markets - - 8,996 8,996 - - 24,958 24,958 Total - - 8,996 8,996 24,958 24,958 Total financial assets 11,117,949 11,117,949 8,996 11,187,587 137,682 137,682 24,958 162,640

Annual report 2022 Individual annual accounts 036 2021 THOUSAND EUROS NON-CURRENT CURRENT CARRYING AMOUNT FAIR VALUE AT FAIR VALUE TOTAL CARRYING AMOUNT FAIR VALUE AT FAIR VALUE TOTAL Financial assets at amortised cost: Loans - - - - 2,533 2,533 - 2,533 Other financial assets 471 471 - 471 1 1 - 1 Trade and other receivables - - - - 92,812 92,812 - 92,812 Total 471 471 - 471 95,346 95,346 - 95,346 Financial assets at cost: Equity instrument in Group companies 8,992,446 8,992,446 - 8,992,446 - - - - Total 8,992,446 8,992,446 - 8,992,446 - - - - Financial assets at fair value through equity: Other equity instruments 8,225 8,225 - 8,225 - - - - Total 8,225 8,225 - 8,225 - - - - Financial assets at fair value through profit or loss: Hedging derivatives traded on OTC markets - - 7,679 7,679 - - 15,625 15,625 Total - - 7,679 7,679 15,625 15,625 Total financial assets 9,001,142 9,001,142 7,679 9,008,821 95,346 95,346 15,625 110,971 Net gains and losses by category of financial assets, except for derivative instruments used to hedge foreign-currency denominated shareholdings, are as follows: THOUSAND EUROS 2022 FINANCIAL ASSETS AT AMORTISED COST, GROUP COMPANIES FINANCIAL ASSETS AT AMORTISED COST OTHER ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS TOTAL Finance income 19,976 1 - 19,977 Dividends (note 20b) 36,180 - - 36,180 Change in fair value of financial instruments - - 5,608 5,608 Impairment and gains/(losses) on disposal of financial instruments - - 19,844 19,844 Total 56,156 1 25,452 81,609 THOUSAND EUROS 2021 FINANCIAL ASSETS AT AMORTISED COST, GROUP COMPANIES FINANCIAL ASSETS AT AMORTISED COST OTHER ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS TOTAL Finance income - 1 - 1 Change in fair value of financial instruments - - 7,623 7,623 Total - 1 7,623 7,624

Annual report 2022 Individual annual accounts 037 10. Investments and trade receivables A) Investments in Group companies and Unrelated parties Details of investments in Group companies and Unrelated parties are as follows: THOUSAND EUROS 2022 2021 NON-CURRENT CURRENT NON- CURRENT CURRENT GROUP Equity instruments (note 8) 11,078,231 - 8,992,446 - Derivative financial instruments (note 11) 8,996 24,958 7,679 15,625 Loans to Group companies and associates - 90 - 2,518 Other financial assets 3,424 - - - Trade and other receivables - 133,723 - 92,366 Total 11,090,651 158,771 9,000,125 110,509 UNRELATED PARTIES Equity instruments 5,940 - 8,225 - Other financial assets 30,354 16 471 16 Total 36,294 16 8,696 16 Total 11,126,945 158,787 9,008,821 110,525 During 2022 the Company entered into the sale of the US company Rensource Holding, Inc for Euros 150 thousand (US Dollars 156 thousand). The investment was classified as financial assets at fair value through equity and the operation has generated losses in the income statement for Euros 2,790 thousand. Other financial assets current to Unrelated parties mainly reflect the advance payment paid during 2022 for future investment acquisitions (Euros 30,000 thousand). B) Classification by maturity The classification of financial assets by maturity is as follows: 2022 THOUSAND EUROS 2023 2024 2025 2026 SUBSEQUENT YEARS LESS CURRENT PORTION TOTAL NON- CURRENT Loans to companies 15 - - - - -15 - Derivative financial instruments 24,958 2,299 - - 6,697 -24,958 8,996 Other financial assets 91 - - - 33,778 -91 33,778 Trade and other receivables 137,576 - - - - -137,576 - Total 162,640 2,299 - - 40,475 -162,640 42,774

Annual report 2022 Individual annual accounts 038 2021 THOUSAND EUROS 2022 2023 2024 2025 SUBSEQUENT YEARS LESS CURRENT PORTION TOTAL NON- CURRENT Loans to companies 2,533 - - - - -2.533 - Derivative financial instruments 15,625 5,536 2,143 - - -15,625 7,679 Other financial assets 1 - - - 471 -1 471 Trade and other receivables 92,812 - - - - -92,812 - Total 110,971 5,536 2,143 - 471 -110,971 8,150 C) Trade and other receivables Details of trade and other receivables are as follows: CURRENT THOUSAND EUROS 2022 2021 GROUP: Customers 41,567 70,430 Other receivables 92,156 21,936 Total 133,723 92,366 UNRELATED PARTIES: Other receivables 3,853 446 Public entities, other (note 18) 1 1 Total 3,854 447 Total 137,577 92,813 The book value of these assets does not differ significantly from their fair value does not differ from the fair value. Trade receivables from Group companies in 2022 and 2021 essentially reflect the balance receivable under management support service contracts arranged with EDP Renewables Europe S.L.U and EDP Renewables North America, LLC in 2013 (See note 20 b.). Other Group receivables mainly include corporate income tax totalling Euros 61,402 thousand (Euros 21,936 thousand in 2021) (see note 18) and additionally, in 2022 the dividend receivable from EDP Renovaveis Brasil, S.A. amounted to Euros 30,751 thousand. D) Exchange differences recognised in profit or loss in relation to financial assets Details of exchange differences recognised in profit or loss in relation to financial instruments, distinguishing between settled and outstanding transactions, are as follows: 2022 2021 THOUSAND EUROS SETTLED OUTSTANDING SETTLED OUTSTANDING Hedged investments in Group companies (note 8) - 319,497 - 358,300 Hedging derivatives of net investments in foreign operations 3,603 17,820 20 6,134 Other financial assets 317 557 634 757 Trade and other receivables - - - - Cash and cash equivalents - 21,383 - -9,475 Total financial assets 3,920 359,257 654 355,716

Annual report 2022 Individual annual accounts 039 11. Derivative financial instruments Details of derivative financial instruments are as follows: 2022 ASSETS LIABILITIES THOUSAND EUROS NON- CURRENT CURRENT NON-CURRENT CURRENT HEDGING DERIVATIVES a) Fair value hedges Net investment hedging swaps (note 8) 128 5,321 147,223 7,506 Net investment hedging forwards (see note 8) 2,171 19,636 1,098 82,965 b) Cash flow hedge Interest rate swap 6,697 - - - Total 8,996 24,957 148,321 90,471 DERIVATIVES AT FAIR VALUE THROUGH CHANGES IN PROFIT OR LOSS c) Foreign currency derivatives FX forward - 1 - 2,390 Total derivatives 8,996 24,958 148,321 92,861 2021 ASSETS LIABILITIES THOUSAND EUROS NON- CURRENT CURRENT NON-CURRENT CURRENT HEDGING DERIVATIVES a) Fair value hedges Net investment hedging swaps (note 8) 7,679 5,641 5,987 80,890 Net investment hedging forwards (see note 8) - 2,289 - 27,618 Total 7,679 7,930 5,987 108,508 DERIVATIVES AT FAIR VALUE THROUGH CHANGES IN PROFIT OR LOSS b) Foreign currency derivatives FX forward - 7,695 - 5,608 Total derivatives 7,679 15,625 5,987 114,116 Fair value of derivative financial instruments is based on quotes indicated by external entities, which are compared in each date of report to fair values available in common financial information platforms. These entities use discounted cash flows techniques usually accepted and data from public markets. The only exceptions are the CIRS in USD/EUR with EDP SA and EDP Renovaveis Servicios Financieros SA, which fair values are determined by the Financial Departments of EDP and EDPR respectively, using the same above-mentioned discounted cash flows techniques and data. As such, according to accounting policies requirements, the fair value of the derivative financial instruments is classified as of level 2 (see note 25) and no changes of level were made during this period.

Annual report 2022 Individual annual accounts 040 A) Fair value hedges The total amount of gains and losses on hedging instruments and on items hedged under fair value hedges of net investments in Group companies is as follows: GAINS/(LOSSES) THOUSAND EUROS 2022 2021 FORWARD EXCHANGE CONTRACTS: Investments in Group companies (note 8) 319,497 358,300 Foreign currency derivatives (note 8) -278,405 -178,346 Current account in foreign currency (note 8) 18,945 -8,679 Fixed rate debt (note 8) -132,238 -173,802 Other financial liabilities (note 8) 433 - Total -71,768 -2,527 B) Cash flow hedge To lock-in future interest rate levels in the current scenario of high volatility and uncertainty, the Company has formalized interest rate pre-hedges for its future intercompany loans refinancing needs with EDP in USD. The Company has arranged a hedging instrument comprising four interest rate swaps with EDP Servicios Financieros, S.A. for a total notional amount of US Dollars 221,000 thousand. The maturity of these instruments will take place in 2029. At 31 December 2022 the fair value of the hedging instrument amounts to Euros 6,697 thousand and has been recognised under Investments in Group companies and associates in non- current assets. The total amount of cash flow hedges that has been recognized in equity for the year 2022 amounted to a credit balance of Euros 5,023 thousand. There has been no ineffectiveness of cash flow hedges during the year. C) Foreing currency derivatives To eliminate the exchange rate risk on the success fee recognised as a result of the acquisition of the Colombian companies (see note 8), in 2022 and 2021 the Company has arranged several futures contracts on the US Dollar exchange rate for a notional amount of Euros 76,028 thousand corresponding to US Dollars 79,401 thousand (Euros 68,068 thousand corresponding to US Dollars 79,731 thousand in 2021). The fair value of those instruments totalling Euros 2,365 thousand is recognised under the current debt (Euros 2,151 thousand under Current investments in Group companies and associates and Euros 51 thousand is recognized under current debt in 2021). During 2022 contracts of this type were settled and a net profit generated, which was recognised in the income statement under impairment and proceeds on disposals of equity instruments for Euros 10,403 thousand (Euros 1,999 thousand in 2021) During 2022 and at the end 2021, the Company has also implemented a strategy to hedge the transactional foreign exchange exposure arising from the EaSup acquisition project in Vietnam arranging several futures contracts on the USD Dollar exchange rate for a notional of Euros 2,770 thousand corresponding to US Dollar 2,955 thousand (Euros 4,041 thousand corresponding to US Dollar 4,610 thousand in 2021). The fair value of those instruments totalling Euros 23 thousand at 31 December 2022 and is recognised under the heading Current investments in Group companies and associates (Euros 1 thousand) and under the current debt (Euros 24 thousand) (Euros 2 thousand at 31 December 2021 under the heading Current investments in Group companies and associates). During 2022 contracts of this type were settled and a net loss generated, which was recognised in the income statement under impairment and proceeds on disposals of equity instruments for Euros 56 thousand During 2021, the Company implemented a strategy to hedge the transactional foreign exchange exposure arising from the Sunseap acquisition arranging several futures contracts on the Singapore Dollar exchange rate for a notional of Euros 1,329,701 thousand (Singapore Dollar 2,051,967 thousand). The fair value of those instruments totalling Euros 5,542 thousand was recognised under the heading Current investments in Group companies and associates and Euros 5,557 was recognised under the heading Current debt. During 2022 contracts of this type were settled and a net profit generated, which was recognised in the income statement under impairment and proceeds on disposals of equity instruments for Euros 7,198 thousand

Annual report 2022 Individual annual accounts 041 12. Cash and cash equivalents Details of cash and cash equivalents are as follows: THOUSAND EUROS 2022 2021 Cash in hand and at banks 105 62 Other cash equivalents 750,005 2,435,547 Total 750,110 2,435,609 In accordance with the terms of the contract signed by the parties on 1 June 2015, cash and cash equivalents at 31 December 2022 and 2021 include the balance of the US Dollar current account with EDPR Servicios Financieros S.A. of Euros 54,733 thousand and Euros 367,841 thousand, respectively. This item also records the denominated current account balance of Euros 695,272 thousand at 31 December 2022 with EDPR Servicios Financieros, S.A. (Euros 2,067,706 thousand in 2021). 13. Capital and reserves Details of equity and movement during 2022 and 2021 are shown in the statement of changes in equity. A) Subscribed capital On April 15, 2021, EDPR made a capital increase by issuing 88,250,000 ordinary shares, with a par value of 5 Euros each and a subscription price of 17 Euros per share, with the exclusion of the pre-emptive subscription rights of the Company´s shareholders. The new shares are fungible with EDPR’s other shares and will confer on their holders, as from the date of the respective issue, the same rights as the other shares existing prior to the capital increase. As such, the share capital of EDPR at 31 December 2021 amounted to 4,802,790,810 euros, represented by 960,558,162 shares of 5 euros par value each, all of a single class and series. The shares are in book-entry bearer form, the company is entitled to request the listing of its shares and all the shareholders are registered in the relevant book-entry records. These shares have the same voting and profit-sharing rights and are freely transferable. EDP Renováveis, S.A. shareholder's structure as at 31 December 2022 and 2021 is analyzed as follows COMPANY NUMBER OF SHARES PERCENTAGE OF OWNERSHIP EDP - Energías de Portugal, S.A. Sucursal en España 720,191,372 74.98% Others (shares quoted on the Lisbon stock exchange) 240,366,790 25.02% 960,558,162 100.00% B) Share premium This reserve is freely distributable C) Reserves Details of reserves and movement during the year reflect the proposed distribution of profit approved by the shareholders at their annual general meeting (see note 3).

Annual report 2022 Individual annual accounts 042 At 31 December, reserves are as follows: THOUSAND EUROS 2022 2021 RESERVES: Legal reserve 214,828 214,828 Voluntary reserve 1,395,111 1,481,561 Negative reserve for costs of the public share offering -46,592 -46,592 1,563,347 1,649,797 Legal reserve Pursuant to the Revised Spanish Companies Act, in force since 1 September 2010, companies are required to transfer 10% of profits for the year to a legal reserve until this reserve reaches an amount equal to 20% of share capital. The legal reserve may be used to increase capital. Except for this purpose, until the reserve exceeds 20% of share capital it may only be used to offset losses if no other reserves are available. At 31 December 2022 and 2021 the amount of this reserve is Euros 214,828 thousand. This reserve has still not been appropriated with the minimum amount required by the Spanish Companies Act. Voluntary reserve These reserves are freely distributable. Negative reserve for costs of the public share offering As a result of the public share offering, the Company incurred a number of expenses associated with the capital increase, which have been recognised in this item net of the tax effect. 14. Provisions Movement in provisions during 2022 and 2021 is as follows: THOUSAND EUROS BALANCE AT 31.12. 20 ADDITIONS APPLICATIONS BALANCE AT 31.12.21 ADDITIONS APPLICATIONS BALANCE AT 31.12.22 Personnel expense 797 300 -497 600 2,066 -300 2,366 Total 797 300 -497 600 2,066 -300 2,366 Additions are recorded under the personnel expense as multi-year remuneration obligations. Provisions applied mainly reflect the reclassification of salaries payable to current liabilities. In 2022 and 2021, the amount recognised as a provision is the directors' best estimate at the reporting date of the expenditure required to settle the present obligation.

Annual report 2022 Individual annual accounts 043 15. Financial liabilities by category The classification of financial liabilities by category and class and a comparison of the fair value with the carrying amount are as follows: 2022 NON-CURRENT CURRENT THOUSAND EUROS CARRYING AMOUNT FAIR VALUE AT FAIR VALUE TOTAL CARRYING AMOUNT FAIR VALUE AT FAIR VALUE TOTAL Financial liabilities at amortised cost: Group companies: Fixed rate 2,868,334 2,533,609 - 2,868,334 347,525 347,525 - 347,525 Other financial liabilities 89,802 89,802 - 89,802 105,361 105,361 - 105,361 Trade and other payables - - - - 26,724 26,724 - 26,724 Total 2,958,136 2,623,511 - 2,958,136 479,610 479,610 - 479,610 Financial liabilities at fair value through profit or loss: Hedgind derivatives traded on OTC markets - - 148,321 148,321 - - 92,861 92,861 Total - - 148,321 148,321 - - 92,861 92,861 Total financial liabilities 2,958,136 2,623,511 148,321 3,106,457 479,610 479,610 92,861 572,471 2021 NON-CURRENT CURRENT THOUSAND EUROS CARRYING AMOUNT FAIR VALUE AT FAIR VALUE TOTAL CARRYING AMOUNT FAIR VALUE AT FAIR VALUE TOTAL Financial liabilities at amortised cost: Group companies: Fixed rate 2,309,596 2,331,968 - 2,309,596 310,448 310,448 - 310,448 Other financial liabilities 42,121 42,121 - 42,121 76,503 76,503 - 76,503 Trade and other payables - - - - 48,800 48,800 - 48,800 Total 2,351,717 2,374,089 - 2,351,717 435,751 435,751 - 435,751 Financial liabilities at fair value through profit or loss: Hedgind derivatives traded on OTC markets - - 5,987 5,987 - - 114,116 114,116 Total - - 5,987 5,987 - - 114,116 114,116 Total financial liabilities 2,351,717 2,374,089 5,987 2,357,704 435,751 435,751 114,116 549,867

Annual report 2022 Individual annual accounts 044 Net losses and gains by financial liability category are as follows: 2022 THOUSAND EUROS LIABILITIES AT AMORTISED COST, GROUP COMPANIES LIABILITIES AT AMORTISED COST THIRD PARTIES LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS TOTAL Finance cost 172,310 3,547 - 175,857 Change in fair value of financial instruments - - 11,511 11,511 Impairment and gains/(losses) on disposal of financial instruments - - 2,284 2,284 Total 172,310 3,547 13,795 189,652 2021 THOUSAND EUROS LIABILITIES AT AMORTISED COST, GROUP COMPANIES LIABILITIES AT AMORTISED COST THIRD PARTIES LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS TOTAL Finance cost 110,380 1,547 - 111,927 Change in fair value of financial instruments - - 3,684 3,684 Total 110,380 1,547 3,684 115,611 16. Debt and trade payables A) Debt with Group companies and Unrelated parties Details of debt with Group companies and Unrelated parties are as follows: 2022 2021 THOUSAND EUROS NON- CURRENT CURRENT NON- CURRENT CURRENT GROUP Debt with Group Companies (note 18b) 2,868,334 347,525 2,309,596 310,448 Interest - 50,495 - 32,115 Derivative financial instruments (note 11) 148,321 92,861 5,987 114,116 Suppliers of fixed assets - 597 - - Other financial liabilities - - 7,000 Total 3,016,655 491,478 2,315,583 463,679 UNRELATED PARTIES Suppliers of fixed assets - 556 - - Other financial liabilities 89,802 53,713 42,121 37,388 Total 89,802 54,269 42,121 37,388 Total 3,106,457 545,747 2,357,704 501,067

Annual report 2022 Individual annual accounts 045 Other non-current and current financial liabilities at 31 December 2022 and 2021 mainly relate to the success fees and the pending liabilities deriving from the acquisitions of the companies mentioned in Note 8, as follows: 2022 NON-CURRENT THOUSAND EUROS EUROS US DOLLARS SINGAPORE DOLLARS OTHER Solar Power Solutions, S.A.S. E.S.P. 42,499 45,329 - - Sunseap Group PTE Ltd 41,989 - 60,044 - Parque Solar Fotovoltaico El Copey, S.A.S. E.S.P. 5,255 5,605 - - Other financial liabilities* 59 - - - Total 89,802 50,934 60,044 - 2022 CURRENT THOUSAND EUROS EUROS US DOLLARS SINGAPORE DOLLARS SOUTH KOREA WON Eolos Energía, S,A,S E.S.P 19,319 20,605 - - Vientos del Norte S.A.S E.S.P 6,559 6,996 - - Solar Power Solutions, S.A.S. E.S.P. 6,071 6,475 - - Sunseap Group PTE Ltd 15,451 - 22,096 - Parque Solar Los Cuervos, S. de R.L. de C.V. 1,948 2,078 - - Trung Son SG PTE. LTD. 3,459 3,690 - - OMA Haedori Co., Ltd. 725 - - 975,000 Other financial liabilities* 181 - - - Total 53,713 39,844 22,096 975,000 2021 NON-CURRENT CURRENT THOUSAND EUROS EUROS DOLLARS EUROS DOLLARS Eolos Energía, S,A,S E.S.P - - 18,193 20,605 Vientos del Norte S.A.S E.S.P - - 6,177 6,996 Solar Power Solutions, S.A.S. E.S.P. 40,022 45,329 6,008 6,805 Parque Solar Los Cuervos, S. de R.L. de C.V. - - 1,834 2,078 Trung Son SG PTE. LTD. - - 4,313 4,885 OMA Haedori Co., Ltd. 2,040 2,310 683 774 Other financial liabilities* 59 - 174 - Total 42,121 47,639 37,382 42,143 *Include Aioliki Oitis Energiaki E.P.E. success fee amounting to Euros 226 thousand (see note 8), among others.

Annual report 2022 Individual annual accounts 046 B) Main characteristics of debt The terms and conditions of loans and debt are as follows: 2022 THOUSAND EUROS CARRYING AMOUNT TYPE CURRENCY EFFECTIVE RATE NOMINAL RATE MATURITY NOMINAL AMOUNT CURRENT NON- CURRENT EDP Finance USD 4.99% 4.42% 2023 36,891 36,891 - EDP Finance USD 4.75% 4.75% 2024 207,373 - 207,373 EDPR Servicios Financieros USD 3.13% 3.13% 2025 141,775 - 141,775 EDPR Sercicios Financieros USD 3.13% 3.13% 2025 91,576 - 91,576 EDPR Servicios Financieros USD 3.75% 3.75% 2030 233,350 - 233,350 EDPR Servicios Financieros USD 2.22% 2.22% 2026 196,887 - 196,887 EDPR Servicios Financieros USD 3.02% 3.02% 2030 196,887 - 196,887 EDPR Servicios Financieros USD 3.25% 3.25% 2031 484,483 - 484,483 EDPR Servicios Financieros USD 2.31% 2.31% 2026 260,876 - 260,876 EDPR Servicios Financieros USD 5.18% 5.18% 2023 140,634 140,634 - EDPR Servicios Financieros USD 4.41% 4.41% 2024 281,268 - 281,268 EDPR Servicios Financieros EUR 2.02% 2.02% 2023 170,000 170,000 - EDPR Servicios Financieros EUR 1.91% 1.91% 2032 325,428 - 325,428 EDPR Servicios Financieros EUR 2.15% 2.15% 2029 448,430 - 448,431 Total 3,215,859 347,525 2,868,334 2021 THOUSAND EUROS CARRYING AMOUNT TYPE CURRENCY EFFECTIVE RATE NOMINAL RATE MATURITY NOMINAL AMOUNT CURRENT NON- CURRENT EDP Finance USD 4.99% 4.42% 2023 133,682 98,948 34,734 EDP Finance USD 4.75% 4.75% 2024 195,289 - 195,289 EDPR Servicios Financieros USD 3.13% 3.13% 2025 133,513 - 133,513 EDPR Sercicios Financieros USD 3.13% 3.13% 2025 86,239 - 86,239 EDPR Servicios Financieros USD 3.75% 3.75% 2030 219,753 - 219,753 EDPR Servicios Financieros USD 2.22% 2.22% 2026 185,414 - 185,414 EDPR Servicios Financieros USD 3.02% 3.02% 2030 185,414 - 185,414 EDPR Servicios Financieros USD 3.25% 3.25% 2031 456,251 - 456,251 EDPR Servicios Financieros USD 2.31% 2.31% 2026 245,673 - 245,673 EDPR Servicios Financieros USD 5.18% 5.18% 2023 132,439 - 132,439 EDPR Servicios Financieros USD 4.41% 4.41% 2024 264,877 - 264,877 EDPR Servicios Financieros EUR 2.02% 2.02% 2023 170,000 - 170,000 EDPR Servicios Financieros EUR 1.74% 1.74% 2022 115,000 115,000 - EDPR Servicios Financieros EUR 1.74% 1.74% 2022 96,500 96,500 - Total 2,620,044 310,448 2,309,596 During 2022, new fixed rate loans in US Dollars were arranged with EDPR Renovaveis Servicios Financieros, S.A. for US Dollars 773,858 thousand (Euros 1,712,783 thousand in 2021).

Annual report 2022 Individual annual accounts 047 C) Trade and other payables Details of trade and other payables are as follows: THOUSAND EUROS CURRENT 2022 2021 GROUP Payables 9,461 19,708 Total 9,461 19,708 UNRELATED PARTIES Payables 9,244 21,695 Salaries payable 8,019 7,397 Public entities, other (note 18) 1,223 1,030 Total 18,486 30,122 Total 27,947 49,830 The book value of these liabilities does not differ significantly from their fair value does not differ from the fair value. The payables, Group companies balance in 2022 and 2021 mainly comprises expenses invoiced by EDP - Energías de Portugal, S.A. and EDP - Energías de Portugal, S.A. (Sucursal en España) for management services. It also records the value added tax payable totalling Euros 653 thousand (Euros 6,636 thousand in 2021) resulting from the Company pertaining to the tax consolidation group led by EDP- Energias de Portugal, S.A. Sucursal en España (see Note 18). The payables, Unrelated parties balance in 2022 and 2021 comprises mainly the grant received from the European Climate, Infrastructure and Environment Executive Agency (CINEA) for the development and operation of 100 MW electrolyzer, where the Company acts as coordinator, and which it is pending to refund to the beneficiaries. At 31 December 2022 it amounts to Euros 6,716 thousand (10,500 thousand in 2021). Also, in 2021, it comprised the expenses accruals arising from the Sunseap acquisition amounting to Euros 8,161 thousand. D) Classification by maturity The classification of financial liabilities by maturity is as follows: 2022 THOUSAND EUROS 2023 2024 2025 2026 SUBSEQUENT YEARS LESS CURRENT PORTION TOTAL NON- CURRENT Derivative financial instruments 92,861 37,900 - 23,411 87,010 -92,861 148,321 Debt with Group Companies and associates 398,020 488,641 233,350 457,763 1,688,580 -398,020 2,868,334 Suppliers of fixed assets 1,153 - - - - -1,153 - Other financial liabilities 53,713 89,802 - - - -53,713 89,802 Trade and other payables 26,724 - - - - -26,724 - Total financial liabilities 572,471 616,343 233,350 481,174 1,775,590 -572,471 3,106,457

Annual report 2022 Individual annual accounts 048 2021 THOUSAND EUROS 2022 2023 2024 2025 SUBSEQUENT YEARS LESS CURRENT PORTION TOTAL NON- CURRENT Derivative financial instruments 114,116 4,724 1,263 - - -114,116 5,987 Debt with Group Companies and associates 342,563 337,173 460,166 219,752 1,292,505 -342,563 2,309,596 Other financial liabilities 44,388 42,121 - - - -44,388 42,121 Trade and other payables 48,800 - - - - -48,800 - Total financial liabilities 549,867 384,018 461,429 219,752 1,292,505 -549,867 2,357,704 E) Exchange differences recognised in profit or loss in relation to financial liabilities Details of exchange differences recognised in profit or loss in relation to financial instruments, distinguishing between settled and outstanding transactions, are as follows: THOUSAND EUROS 2022 2021 SETTLED OUTSTANDING SETTLED OUTSTANDING Non-current debt with Group companies and associates 166 -132,404 -1,377 -172,425 Hedging derivatives of net investments in foreign operations -170,615 -129,213 7,643 -192,256 Other financial liabilities 111 -4,148 - -5,895 Trade and other payables -390 - -25 - Total financial liabilities -170,728 -265,765 6,241 -370,576 17. Late payments to suppliers Final provision two of Law 31/2014 of 3 December 2014, amending the Spanish Companies Act to introduce improvements to corporate governance, amends additional provision three of Law 15/2010 of 5 July 2010, amending Law 3/2004 of 29 December 2004 establishing measures to combat late payment, to require that all commercial companies expressly disclose average supplier payment periods in the notes to the annual accounts. The following table shows the average supplier payment period, transactions paid ratio, transactions payable ratio, total payments made and total payments outstanding at the reporting date: 2022 2021 DAYS DAYS Average supplier payment period 28 31 Transactions paid ratio 31 36 Transactions payable ratio 6 7 Total payments made 62,402 66,096 Total payments outstanding 9,566 12,808 The total number of invoices paid within the legal payment period amounts to 10,212 invoice (97% of the total paid invoices) and the total payments made within the legal payment period amounts to Euros 54,931 thousand (88% of total payments).

Annual report 2022 Individual annual accounts 049 18. Taxation Details of balances with public entities are as follows: 2022 2021 THOUSAND EUROS NON-CURRENT CURRENT NON-CURRENT CURRENT ASSETS Deferred tax assets 37,782 - 38,637 - Public entities, other - 1 - 1 Total 37,782 1 38,637 1 LIABILITIES Deferred tax liabilities 81,973 73,008 - Social Security - 673 - 602 Withholdings - 550 - 428 Total 81,973 1,223 73,008 1,030 The Company files consolidated income tax and value added tax returns. The parent of this consolidated tax group is EDP- Energías de Portugal, S.A. Sucursal en España. At 31 December 2022 the Company has recognised income tax receivable of Euros 61,402 thousand (Euros 21,936 thousand in 2021) and VAT payable of Euros 646 thousand (Euros 6,636 thousand in 2021). These balances have been included in receivables, Group companies and associates and payables, Group companies and associates in the balance sheet, respectively (see notes 10c and 16c). On the date on which these annual accounts were prepared, corporate tax for the 2017 to 2019 period relating to this consolidated tax group is being inspected by the taxation authorities. The Company also has open to inspection returns for the period from March 2018 to December 2019 relating to VAT and from March 2018 to December 2020 relating to non-resident income tax. Based on the information available, the Company's Directors do not believe that there are any tax contingencies that could have a significant impact on the prepared annual accounts as a result of the periods open to inspection. In accordance with prevailing legislation, taxes cannot be considered definitive until they have been inspected by the taxation authorities or the inspection period has elapsed. Taking into account the aforementioned inspection period, at 31 December 2022 the Company has the following main applicable taxes open to inspection: TAX YEARS OPEN TO INSPECTION Corporate income tax 2020-2021 Value added tax 2020-2022 Personal income tax 2018-2022 Capital gains tax 2018-2022 Tax on economic activities 2018-2022 Social Security 2018-2022 Non-residents 2021-2022 Due to the treatment permitted by fiscal legislation of certain transactions, additional tax liabilities could arise in the event of an inspection. In any case, the Company's Directors do not consider that any such liabilities that could arise would have a significant effect on the annual accounts.

Annual report 2022 Individual annual accounts 050 A) Income tax The Company files consolidated tax returns as part of the Group headed by EDP Energías de Portugal, S.A. Sucursal en España. A reconciliation of net income and expenses for the year with taxable income is as follows: 2022 INCOME STATEMENT INCOME AND EXPENSE RECOGNISED IN EQUITY THOUSAND EUROS INCREASES DECREASES NET INCREASES DECREASES NET TOTAL Profit/(loss) for the year -220,663 -220,663 Corporate income tax -46,939 -46,939 Profit before income tax -267,602 -267,602 PERMANENT DIFFERENCES Individual company 63,598 -5,429 58,169 - - - 58,169 Consolidation adjustments - - - - - - - TEMPORARY DIFFERENCES: Originating in current year 8,967 - 8,967 - - - 8,967 Originating in prior years - -45,142 -45,142 - - - -45,142 Taxable income -245,608 -245,208 2021 INCOME STATEMENT INCOME AND EXPENSE RECOGNISED IN EQUITY THOUSAND EUROS INCREASES DECREASES NET INCREASES DECREASES NET TOTAL Profit/(loss) for the year -95,471 -95,471 Corporate income tax -31,777 -31,777 Profit before income tax -127,248 -127,248 PERMANENT DIFFERENCES Individual company 140 - 140 - - - 140 Consolidation adjustments - - - - - - - TEMPORARY DIFFERENCES: originating in current year 10,099 - 10,099 - - - 10,099 originating in prior years - -29,232 -29,232 - - - -29,232 Taxable income -146,241 -146,241 Increases in permanent differences in 2022 mainly reflect the costs related to impairment of investments in Group companies (Euros 60,642 thousand) (see note 8). Increases under temporary differences in 2022 and 2021 reflect costs relating to the recognition of the expenses accruals (invoices to be received and personnel accruals), which are considered to be non-deductible expenses. Decreases in temporary differences in 2022 and 2021 mainly reflect the tax amortisation of the financial goodwill of EDPR NA (Euros 29,163 thousand) and the reversal of the amortisation limit (Euros 69 thousand). Additionally, in 2022 reflect the reversal of non-deductible expenses in prior years (Euros 16,030 thousand)

Annual report 2022 Individual annual accounts 051 The relationship between tax income and accounting profit for the year is as follows: 2022 THOUSAND EUROS GAINS AND LOSSES EQUITY TOTAL Profit/(loss) for the year before tax -267,602 - -267,602 Tax at 25% -66,900 - -66,900 Non-deductible expenses Provisions 15,899 - 14,543 Dividends -1 - -1 Prior years' adjustments -7 -7 Withholdings at source (dividends in Brazil) 4,070 - 5,426 Income tax expense/(income) -46,939 - -46,939 2021 THOUSAND EUROS GAINS AND LOSSES EQUITY TOTAL Profit/(loss) for the year before tax -127,248 - -127,248 Tax at 25% -31,812 - -31,812 Non-deductible expenses Provisions 35 - 35 Income tax expense/(income) -31,777 - -31,777 Details of income tax are as follows: THOUSAND EUROS 2022 2021 CURRENT TAX Present year -61,402 -36,560 Withholdings at source (dividends in Brazil) 5,426 - Prior years' adjustments 891 -2,195 Total -55,085 -38,755 DEFERRED TAX Non-deductible expenses - -2,525 Expense for reduction in deferred tax assets 1,736 2,195 Tax amortisation of EDPR NA goodwill 7,291 7,291 Non-deductible amortisation 17 17 Prior years’ adjustments -898 - Total 8,146 6,978 Total -46,939 -31,777 Expense for reduction in deferred tax assets in 2022 and 2021 comprises the tax credit adjustment relating to non-deductible finance costs originating in prior years.

Annual report 2022 Individual annual accounts 052 Details of deferred tax assets and liabilities by type of asset and liability are as follows: ASSETS LIABILITIES NET THOUSAND EUROS 2022 2021 2022 2021 2022 2021 Tax loss carryforwards 35,135 36,036 - - 35,135 36,037 Tax amortisation of EDPR NA goodwill - - -80,299 -73,008 -80,299 -73,008 Non-deductible expenses 2,589 2,525 - - 2,589 2,525 Non-deductible amortisation 58 75 - - 58 75 Cash flow hedge derivatives - - -1,674 - -1,674 - Total assets/liabilities 37,782 38,637 -81,973 -73,008 -44,191 -34,371 Movement in deferred tax assets and liabilities in 2022 and 2021 is as follows: THOUSAND EUROS BALANCE AT 31.12.20 ADDITIONS DISPOSALS BALANCE AT 31.12.21 ADDITIONS DISPOSALS BALANCE AT 31.12.22 ASSETS Tax loss carryforwards 21,413 14,624 - 36,037 - -902 35,135 Limited deductibility of finance costs under RD 12/2012 2,195 - -2,195 - - - - Non-deductible expenses - 2,525 - 2,525 2,316 -2,252 2,589 Non-deductible amortisation 92 - -17 75 - -17 58 Total 23,700 17,149 -2,212 38,637 2,316 3,171 37,782 LIABILITIES Tax amortisation of goodwill -65,717 - -7,291 -73,008 - -7,291 -80,299 Cash flow hedge derivatives - - - - - -1,674 -1,674 Total -65,717 - -7,291 -73,008 - -8,965 -81,973 In 2021, the Company recognised tax credits amounting to Euro 58,496 thousand (Euros 14,624 thousand tax paid) and has contributed tax credits to the tax group amounting to 87,745 thousand (Euros 21,936 thousand tax paid). Details of deferred tax assets and liabilities that are expected to be realised or reversed in periods exceeding 12 months are as follows: THOUSAND EUROS 2022 2021 Tax loss carryforwards 35,135 36,037 Non-deductible amortisation 58 75 Tax amortisation of EDPR NA goodwill -80,299 -73,008 Cash flow hedge derivatives -1,674 - Net -46,780 -36,896

Annual report 2022 Individual annual accounts 053 19. Environmental information Given that the Company's activities to develop, construct and operate energy production facilities are carried out through Group companies rather than directly, the Company does not consider it necessary to make investments to prevent or correct any impact on the environment or make any environmental provisions. These annual accounts do not include any environmental costs. The directors consider that no significant environmental contingencies exist. 20. Related party balances and transactions A) Related party balances Balances receivable from and payable to Group companies and related parties, including key management personnel and directors, and the main details of these balances, are disclosed in notes 10 and 16 (a). Details of balances by category are as follows: 2022 THOUSAND EUROS PARENT GROUP COMPANIES/ ASSOCIATES TOTAL ASSETS Non-current investments in Group companies - 11,078,231 11,078,231 Other financial assets - 3,424 3,424 Derivatives 2,298 6,698 8,996 Total non-current assets 2,298 11,088,353 11,090,651 Trade and other receivables 627 133,096 133,723 Derivatives 24,958 - 24,958 Other financial assets - 90 90 Cash - 750,110 750,110 Total current assets 25,585 883,296 908,881 Total 27,883 11,971,649 11,999,532 LIABILITIES Non-current debt (derivatives) 84,339 63,982 148,321 Non-current debt with Group companies - 2,868,334 2,868,334 Total non-current liabilities 84,339 2,932,316 3,016,655 Current debt (derivatives) 84,994 7,867 92,861 Current debt with Group companies 5,778 392,839 398,617 Trade and other payables 8,620 841 9,461 Total current liabilities 99,392 401,547 500,939 Total 183,731 3,333,863 3,517,594

Annual report 2022 Individual annual accounts 054 2021 THOUSAND EUROS PARENT GROUP COMPANIES/ ASSOCIATES TOTAL ASSETS Non-current investments in Group companies - 8,892,446 8,892,446 Other financial assets - - - Derivatives 7,679 - 7,679 Total non-current assets 7,679 8,892,446 8,900,125 Trade and other receivables 506 91,860 92,366 Derivatives 15,625 - 15,625 Other financial assets - 2,518 2,518 Cash - 2,435,547 2,435,547 Total current assets 16,131 2,529,925 2,546,056 Total 23,810 11,422,371 11,446,181 LIABILITIES Non-current debt (derivatives) 2,923 3,064 5,987 Non-current debt with Group companies - 2,309,596 2,309,596 Total non-current liabilities 2,923 2,312,660 2,315,583 Current debt (derivatives) 86,748 27,368 114,116 Current debt with Group companies 7,115 342,448 349,563 Trade and other payables 15,637 4,071 19,708 Total current liabilities 109,500 373,887 483,387 Total liabilities 112,423 2,686,547 2,798,970 At 31 December 2022 and 2021 all derivative financial instruments held by the Company have been arranged with Group companies. B) Related party transactions The Company's transactions with related parties, at market value, are as follows: 2022 THOUSAND EUROS PARENT GROUP COMPANIES/ ASSOCIATES DIRECTORS TOTAL INCOME Other services rendered (note 21a) 6,621 71,624 - 78,245 Other income 16 360 - 376 Dividends (notes 9 and 21a) - 36,180 - 36,180 Finance income (note 9) 6,621 13,355 - 19,976 Impairment and gains on disposal of financial instruments (notes 9 and 15) 17,568 - - 17,568 Total 30,826 121,519 - 152,346 EXPENSES Operating lease expenses and royalties -1,713 -292 - -2,005 Other services received -24,838 -651 - -25,489 Salaries - - -727 -727 Finance cost (note 15) -38,861 -136,567 - -175,428 Change in fair value of financial instruments (notes 9 and 15) -5,903 - - -5,903 Total -71,315 -137,510 -727 -209,552

Annual report 2022 Individual annual accounts 055 2021 THOUSAND EUROS PARENT GROUP COMPANIES/ ASSOCIATES DIRECTORS TOTAL INCOME Other services rendered (note 21a) 148 62,918 - 63,066 Other income - - - - Dividends (notes 9 and 21a) Finance income (note 9) - 184 - 184 Impairment and gains on disposal of financial instruments 1,999 - - 1,999 Change in fair value of financial instruments (note 9) 3,826 - - 3,826 Total 5,973 63,102 - 69,075 EXPENSES Operating lease expenses and royalties -904 -133 - -1,037 Other services received -17,165 -1,875 - -19,040 Salaries - - -729 -729 Finance cost (note 15) -18,944 -91,436 - -110,380 Total 37,013 93,444 -729 131,186 Other services rendered basically derive from two management support service contracts arranged with EDP Renewables Europe S.L.U and EDP Renewables North America, LLC in 2013. Dividends in 2022 reflect dividends mainly received from EDP Renováveis Brasil S.A. During 2021 the Company didn´t receive dividens from its subsidiaries. Operating lease expenses and royalties essentially reflect the lease payments for the Company's offices. Other services received comprise various management services, specifically for the loan of personnel and other items. All transactions with related parties take place on an arm’s length basis. C) Information on the company's directors and executive committee The Members of the Board of Directors of the Company and its delegated Committees do not own directly or indirectly any shares from EDPR, as of 31 December 2022 or 31 December 2021. In 2022 the Directors of the Company have accrued remuneration of Euros 727 thousand (Euros 729 thousand in 2021) in respect of their position as Directors. The above amount refers to salaries, allowances and other remuneration as members of the Board of Directors and their membership/chairmanship of the Delegated Committees. Further, EDPR signed an Executive Management Services Agreement with EDP, under which EDP bears the cost for the services rendered by its Executive and Non-Executive Directors, which are Miguel Stilwell d’Andrade, Rui Teixeira, Miguel Setas, Vera de Morais Pinto Pereira Carneiro and Ana Paula Marques. This corporate governance practice of remuneration is in line with the model adopted by the EDP Group, in which the executive Directors of EDP do not receive any remuneration directly from the group companies on whose governing bodies they serve, but rather through EDP. Under this contract, EDPR is due to pay an amount to EDP, for the services rendered by the Executive Managers and the Non- executive Managers. The amount due under said Agreement for the management services rendered by EDP in 2022 is 1,208 thousand Euros (831 thousand Euros in 2021), of which 979 thousand Euros refers to the management services rendered by the Executive Members and 195 thousand Euros to the management services rendered by the non-executive Members. Also, this amount includes 34 thousand Euros related to retirement saving plans.

Annual report 2022 Individual annual accounts 056 The retirement savings plan for the members of the Management Team that are also Officers, acts as an effective retirement supplement with a range between 3% to 6% of their annual salary. The percentage is defined according with the retirement savings plan applicable in their home country. In the case of the COOs/CTO which are members of the Management Team (Duarte Bello, COO EU&LatAm, Bautista Rodríguez, CTO&Business Offshore, Sandhya Ganapathy, COO NA and Pedro Vasconcelos, COO APAC, the remuneration is as follows: THOUSAND EUROS 31 DEC 2022 31 DEC 2021 Salaries and other allowances 2,808 2,467 Retirement saving plans 44 37 Life insurance premiums 16 5 Total 2,868 2,509 Additionally they received the following non-monetary benefits: retirement savings plan (as described above), company car and Health Insurance in the amount of 363 thousand Euros (268 thousand Euros in 2021). The directors and executive committee have not received any loans or advances nor has the Company extended any guarantees on their behalf. The Company has a civil liability insurance policy that covers its Directors. In 2022, an expense of Euros 113 thousand (Euros 96 thousand in 2021) has been recorded. D) Transactions other than ordinary business or under terms differing from market conditions carried out by the directors of the Company. In 2022 and 2021 the directors of the Company have not carried out any transactions other than ordinary business with the Company or applied terms that differ from market conditions. E) Investments and positions held by directors The directors of the Company and their related parties have had no conflicts of interest requiring disclosure in accordance with article 229 of the Revised Spanish Companies Act. 21. Income and expense A) Revenues Details of revenues by category of activity and geographical market are as follows: DOMESTIC REST OF EUROPE NORTH AMERICA SOUTH AMERICA ASIA TOTAL THOUSAND EUROS 2022 2021 2022 2021 2022 2021 2022 2021 2022 2021 2022 2021 Other services 53,680 47,840 2,483 2,208 6,337 7,201 5,219 5,292 3,905 525 71,624 63,066 Dividends - - 3 - - - - - 36,177 - 36,180 - Finance income 13,104 - 6,872 184 - - - - - - 19,976 184 Total 66,784 47,840 9,358 2,392 6,337 7,201 5,219 5,292 40,082 525 127,780 63,250

Annual report 2022 Individual annual accounts 057 B) Foreign currency transactions Details of income and expenses denominated in foreign currencies are as follows: THOUSAND EUROS 2022 2021 INCOME Revenues 248 180 EXPENSES Finance cost -82,222 -79,150 Total -81,974 -78,970 The Company's main foreign currency transactions are carried out in US Dollars. C) Employee benefits expense Details of the employee benefits expense are as follows: THOUSAND EUROS 2022 2021 EMPLOYEE BENEFITS EXPENSE Social Security payable by the company 6,189 5,095 Other employee benefits expense 1,335 888 Total 7,524 5,983 D) External services Details of external services are as follows: THOUSAND EUROS 2022 2021 Leases 2,271 1,331 Independent professional services 10,188 16,322 Advertising and publicity 971 717 Other services 33,195 24,672 Total 46,625 43,042 Leases mainly reflect the rental of the Company's offices. There are no non-cancellable payments at 31 December 2022 and 2021. Other services primarily comprise management support, communications and maintenance expenses, as well as travel costs. The decrease in 2022 in independent professional services respect to prior year correspond mainly costs arising from the Sunseap acquisition in 2021. At 31 December 2022 the Company has commitments to purchase external services amounting to Euros 21,298 thousand within one year (Euros 8,389 thousand in 2021). Furthermore, in 2022 the Company has commitments to purchase external services from one to five years amounting to Euros 2,279 thousand (130 thousand in 2021).

Annual report 2022 Individual annual accounts 058 22. Employee information The average headcount of the Company in 2022 and 2021, distributed by category, is as follows: NUMBER 2022 2021 Senior managers 81 67 Managers 42 36 Specialists 289 245 Technicians 4 4 Total 416 352 At year end the distribution by gender of Company personnel is as follows: 2022 2021 NUMBER MALE FEMALE MALE FEMALE Senior managers 53 30 50 26 Managers 25 16 27 15 Specialists 166 148 156 112 Technicians 1 2 1 3 Total 245 196 234 156 Moreover, regarding to Board of Directors, as of December 31, 2022 and 2021, was composed by twelve members of whose they were eight men and four women. The Company does not have employees with disabilities equal to or greater than 33% during 2022 and 2021. However, the Company outsources certain services to companies that hold exemption certificates. 23. Audit fees Following the proposal of the Audit, Control and Related Party Transactions Committee presented to the Board of Directors to its submission to the General Shareholders’ Meeting, on its meeting held on April 3rd , 2018, it was approved to appoint PricewaterhouseCoopers Auditores, S.L as EDPR’s External Auditor for the years 2018, 2019 and 2020. The renewal of PricewaterhouseCoopers Auditores, S.L. as External Auditor of EDPR SA for years 2021, 2022 and 2023 was approved by EDPR’s Shareholders Meeting on April 12th, 2021 Details of the fees for professional services accrued by this company for the year ended 31 December 2022 and 2021 are as follows: THOUSAND EUROS 2022 2021 Audit services, individual and consolidated annual accounts 283 263 Other services (1) 181 161 Total services invoiced by PricewaterhouseCoopers Auditores, S.L. 464 424 Total 464 424 (1) Other services include for 2020 and 2021 the six-monthly limited review, review of the internal control system on financial reporting, the non-financial information assurance report for EDP Renovavéis Group, and the financial information quarterly review reports for the Company’s main shareholder and directors, and for 2021 also includes the access to international regulation platform review.

Annual report 2022 Individual annual accounts 059 24. Commitments At 31 December 2022 the Company has deposited guarantees on behalf of Group companies amounting to Euros 2,871 million (Euros 2,913 million in 2021), including guarantees of US Dollars 1,060 million (US Dollars 1,178 million in 2021) and GB pounds 267 million (GB pounds 84 million in 2021). The Company's directors do not expect any significant liabilities to arise from these guarantees. 25. Fair value of financial assets and liabilities Fair value of financial instruments is based, whenever available, on quoted market prices. Otherwise, fair value is determined through internal models, which are based on generally accepted cash flow discounting techniques and option valuation models or through quotations supplied by third parties. Non-standard instruments may require alternative techniques, which consider their characteristics and the generally accepted market practices applicable to such instruments. These models are developed considering the market variables that affect the underlying instrument, namely yield curves, exchange rates and volatility factors. Market data is obtained from generally accepted suppliers of financial data (Bloomberg and Reuters). Non-listed equity instruments, for which a reliable and consistent fair value estimate is not available either by internal models or external providers, are recognized at their historical cost. Cash and cash equivalents, trade receivables and suppliers These financial instruments include mainly short-term financial assets and liabilities. Given their short-term nature at the reporting date, their book values are not significantly different from their fair values. Financial debt The fair value of the financial debt is estimated through internal models, which are based on generally accepted cash flow discounting techniques. At the reporting date, the carrying amount of floating rate loans is approximately their fair value. In case of fixed rate loans, mainly the intercompany loans granted by EDP Group, their fair value is obtained through internal models based on generally accepted discounting techniques. Derivative financial instruments All derivatives are accounted at their fair value. For those which are quoted in organized markets, the respective market price is used. For over-the-counter derivatives, fair value is estimated through the use of internal models based on cash flow discounting techniques and option valuation models generally accepted by the market, or by dealer price quotations.

Annual report 2022 Individual annual accounts 060 The fair values of assets and liabilities as at 31 December 2022 and 31 December 2021 are analysed as follows: 31 DECEMBER 2022 31 DECEMBER 2021 THOUSAND EUROS CARRYING AMOUNT FAIR VALUE DIFFERENCE CARRYING AMOUNT FAIR VALUE DIFFERENCE FINANCIAL ASSETS Trade and other receivables 137,576 137,576 - 92,812 92,812 - Other financial assets 33,868 33,868 2,989 2,989 - Derivative financial instruments 33,954 33,954 - 23,304 23,304 - Cash and cash equivalents 750,110 750,110 2,435,609 2,435,609 - Total 955,508 955,508 2,554,714 2,554,714 - FINANCIAL LIABILITIES Financial debt 3,215,859 2,881,124 334,735 2,620,044 2,642,416 22,372 Trade and other payables 26,724 26,724 - 48,800 48,800 - Other financial liabilities 144,071 144,071 - 79,509 79,509 - Derivative financial instruments 241,182 241,182 - 120,103 120,103 - Total 3,627,836 3,293,101 334,735 2,868,456 2,890,828 22,372 The fair value levels used to valuate financial assets and liabilities are defined as follows: • level 1 - Quoted prices (unadjusted) in active market for identical assets and liabilities • level 2 - Inputs other than quoted prices included within Level 1 that are observable for assets or liabilities, either directly (i.e. as prices) or indirectly (i.e., derived from prices) • level 3 - Inputs for assets or liabilities that are not based on observable market data (unobservable inputs). 26. Events after the reporting period EDPR secures its first PPA in Greece EDPR is pleased to announce that it has secured a long-term Power Purchase Agreement (“PPA”) with MYTILINEOS – Energy & Metals, one of the largest industrial and energy companies in Greece, to sell the green energy produced by a 78 MW wind portfolio. This deal marks EDPR’s first PPA in Greece and it will be covered by a portfolio that consists of 3 wind projects that are expected to enter into operation between the end of 2024 and 2025, more precisely: • 2 projects, with 23 MW and 35 MW respectively, located in Voiotia, Greece; • 1 project with 21 MW located in Achaia, Greece. With this new portfolio, EDPR has now 11.2 GW secured out of the 20 GW target additions for 2021-25 announced in EDPR Capital Markets Day in February 2021. Additionally, this transaction enables EDPR to achieve more than 3.6 GW of the 6.7 GW target for renewable capacity additions in Europe during 2021-25. EDPR's success in securing new PPAs reinforces its low-risk profile and growth strategy based on the development of competitive projects with long-term visibility, fostering the acceleration of the energy transition and the decarbonization of the economy.

Annual report 2022 Individual annual accounts 061 Annex I (Free translation from the original in Spanish. In the event of discrepancy, the Spanish-language version prevails.) EDP Renovaveis, S.A. Details of investments in Group companies as at 31 December 2022 *Companies included in the tax group that the Company belongs to (note 18) THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL EDP Renewables Europe, S.L.U. Spain 100% 100% PwC Holding 249,499 1,446,653 0 -238,749 -238,749 1,457,403 EDP Renovables España, S.L.U. Spain 100% PwC Holding, construction and wind energy production 46,128 683,649 2,306 302,809 302,809 1,034,892 EDP Renováveis Servicios Financieros, S.A. Spain 70.01% 29.99% PwC Other economic activities 84,691 369,640 38,100 173,095 173,095 665,526 EDPR Terral S.L.U. Spain 100% n.a. Wind energy production 3 -2 0 -2 -2 -1 Parque Eólico de Abrazadilla, S.L.U. Spain 100% n.a. Wind energy production 3 -2 0 0 0 0 Canerde, S.L.U. Spain 80% n.a. Wind energy production 4 -1 0 -3 -3 0 Desarrollos Renovables de la Frontera, S.L. Spain 100% n.a. Wind energy production 3 -1 0 0 0 2 EDPR Yield, S.A.U. Spain 100% PwC Wind energy production 99,405 115,716 0 27,501 27,501 242,622 Viesgo Europa, S.L.U. Spain 100% PwC Wind energy production 1,000 7,336 0 9,430 9,430 17,766 Viesgo Renovables, S.L.U. Spain 100% PwC Wind energy production 12,770 205,533 0 53,884 53,884 272,187 Viesgo Mantenimiento, S.L.U. Spain 100% PwC Wind energy production 3 1,451 0 -249 -249 1,205 Parque Eólico Santa Quiteria, S.L. Spain 84% PwC Wind energy production 63 8,185 0 6,184 6,184 14,432 Eólica Fontesilva, S.L.U. Spain 100% PwC Wind energy production 6,860 14,050 0 7,625 7,625 28,535 Desarrollos Eólicos de Teruel, S.L. Spain 51% n.a. Wind energy production 18,890 0 0 6,319 6,319 25,209 Parque Eólico Altos del Voltoya, S.A. Spain 93% PwC Wind energy production 6,434 9,802 -9,731 12,301 12,301 18,806 Eólica La Brújula, S.A.U. Spain 100% PwC Wind energy production 3,294 19,452 0 15,932 15,932 38,678 Eólica Arlanzón, S.A. Spain 85% PwC Wind energy production 4,509 4,229 0 6,357 6,357 15,095

Annual report 2022 Individual annual accounts 062 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Eólica Campollano, S.A. Spain 75% PwC Wind energy production 6,560 17,966 0 23,065 23,065 47,590 Tébar Eólica, S.A.U. Spain 100% PwC Wind energy production 4,720 11,516 -621 8,898 8,898 24,514 Renovables Castilla La Mancha, S.A. Spain 90% PwC Wind energy production 60 118 0 9,205 9,205 9,383 Parque Eólico La Sotonera, S.L. Spain 70% PwC Wind energy production 2,000 2,024 0 4,355 4,355 8,379 Compañía Eólica Aragonesa, S.A. Spain 100% PwC Wind energy production 6,701 49,122 0 27,636 27,636 83,459 Parque Eólico Los Cantales, S.L.U. Spain 100% PwC Wind energy production 1,963 4,572 0 5,686 5,686 12,221 Iberia Aprovechamien tos Eólicos, S.A. Spain 94% PwC Wind energy production 1,919 3,939 0 6,947 6,947 12,804 Acampo Arias, S.L. Spain 95% PwC Wind energy production 3,314 663 0 11,688 11,688 15,665 Aplicaciones Industriales de Energías Limpias, S.L. Spain 61% n.a. Wind energy production 131 -1,472 0 2,881 2,881 1,540 EDPR México, S.L.U. Spain 100% n.a. Holding 3 -2 0 -1 -1 1 Desarrollos Renovables de Allande, S.L.U. Spain 100% n.a. Wind energy production 3 -2 0 0 0 1 IAM Caecius, S.L. Spain 100% n.a. Wind energy production 3 -2 0 0 0 1 Site Sunwind Energy, S.L. Spain 100% n.a. Wind energy production 3 -2 0 0 0 1 Desarrollos Renovables de Teruel, S.L. Spain 51% n.a. Wind energy production 3 0 0 -1 -1 2 Rocio Hive, S.L. Spain 100% n.a. Photovoltaic energy production 3 435 -266 0 0 172 Palma Hive, S.L. Spain 100% n.a. Photovoltaic energy production 3 384 0 0 0 387 Pedregal Hive, S.L. Spain 100% n.a. Photovoltaic energy production 3 415 0 0 0 418 Vanosc Energie, S.A.S. France 100% n.a. Wind energy production 1 -3 0 -11 -11 -14 Transition Euroise Roman II, S.A.S. France 85% n.a. Wind energy production 603 -14 0 370 370 959 Le Chemin de la Corvée, S.A.S. France 100% PwC Wind energy production 215 -465 0 -263 -263 -513 Parc Éolien d’Entrains-sur- Nohain, S.A.S. France 90% PwC Wind energy production 266 374 0 -457 -457 183 EDPR France Holding, S.A.S. France 100% PwC Holding 79,900 35,411 0 -10,201 -10,201 105,110 Parc Eolien de Dionay, S.A.S. France 100% PwC Wind energy production 215 -103 0 -28 -28 83

Annual report 2022 Individual annual accounts 063 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Monts de la Madeleine Energie, S.A.S. France 100% PwC Wind energy production 88 -45 0 -18 -18 25 Monts du Forez Energie, S.A.S. France 100% PwC Wind energy production 200 -89 0 -16 -16 95 EDP Renewables Belgium, S.A. Belgium 100% PwC Holding and wind energy production 287 946 0 1,044 1,044 2,277 EDP Renewables Italia, S.r.l. Italy 51% PwC Holding and wind energy production 34,439 17,440 0 23,634 23,634 75,513 EDP Renewables Italia Holding, S.r.l. Italy 100% PwC Holding 347 55,223 0 225,411 225,411 280,981 Re Plus, S.r.l. Italy 100% n.a. Wind energy production 100 -14 0 28 28 114 EDPR Villa Galla, S.r.l. Italy 51% PwC Wind energy production 9,000 51,813 0 12,645 12,645 73,458 Tivano, S.r.l. Italy 75% PwC Wind energy production 100 110 0 3,146 3,146 3,356 AW 2, S.r.l. Italy 75% PwC Wind energy production 100 -135 0 5,120 5,120 5,085 Sarve, S.r.l. Italy 100% PwC Wind energy production 10 -132 0 1,096 1,096 973 T Power, S.p.A. Italy 100% Baker Tilly Revisa Wind energy production 1,000 338 0 13 13 1,351 Custolito, S.r.l. Italy 100% n.a. Wind energy production 10 14 0 -2 -2 22 C & C Tre Energy S.r.l. Italy 100% PwC Wind energy production 100 888 0 -144 -144 844 EDPR Sicilia PV, S.r.l. Italy 100% n.a. Photovoltaic energy production 10 12 0 -103 -103 -82 Energia Emissioni Zero 4, S.r.l. Italy 60% PwC Wind energy production 10 246 0 9,694 9,694 9,950 EDPR Sicilia Wind, S.r.l. Italy 100% n.a. Wind energy production 10 4 0 -52 -52 -38 VRG Wind 153, S.r.l. Italy 80% PwC Wind energy production 10 353 0 1,108 1,108 1,470 Wind Energy San Giorgio, S.r.l. Italy 60% PwC Wind energy production 20 623 0 -49 -49 595 Giglio, S.r.l. Italy 60% PwC Wind energy production 20 1,129 0 -24 -24 1,125 EDPR Centro Italia PV, S.r.l. Italy 100% n.a. Photovoltaic energy production 10 0 0 -25 -25 -15 EDPR Sicilia Uno, S.r.l. Italy 100% 10 0 0 -17 -17 -7 EDPR Sicilia Due, S.r.l. Italy 100% 10 0 0 -6 -6 4 EDPR Sardegna, S.r.l. Italy 100% 10 0 0 -3 -3 7 EDPR Sud Italia, S.r.l. Italy 100% 10 0 0 -48 -48 -38 EDPR Puglia Uno, S.r.l. Italy 100% 10 0 0 0 0 10

Annual report 2022 Individual annual accounts 064 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL EDPR Puglia Due, S.r.l. Italy 100% 10 0 0 0 0 10 EDPR Basilicata, S.r.l. Italy 100% 10 0 0 -13 -13 -3 Eólica da Coutada II, S.A. Portugal 100% 50 0 0 -34 -34 16 Fotovoltaica Flutuante do Grande Lago, S.A. Portugal 100% 50 0 845 -93 -93 802 EDP Renováveis Portugal, S.A. Portugal 51% PwC Holding and wind energy production 7,500 121,971 -3,547 54,664 54,664 180,588 Eólica da Serra das Alturas, S.A. Portugal 26% PwC Wind energy production 50 7,356 0 1,733 1,733 9,139 Eólica de Montenegrelo, S.A. Portugal 26% PwC Wind energy production 50 11,470 0 2,973 2,973 14,493 Eólica de Alagoa, S.A. Portugal 31% PwC Wind energy production 50 3,589 0 1,531 1,531 5,170 Malhadizes - Energia Eólica, S.A. Portugal 51% PwC Wind energy production 50 8,843 0 1,923 1,923 10,816 EDPR PT - Promoção e Operação, S.A. Portugal 100% PwC Wind energy production 58 11,927 0 -4,768 -4,768 7,217 Fotovoltaica Lote A, S.A. Portugal 100% PwC Photovoltaic energy production 50 -99 74 108 108 132 Eólica dos Altos de Salgueiros- Guilhado, S.A. Portugal 51% PwC Wind energy production 50 4,450 -2 872 872 5,370 Eólica da Coutada, S.A. Portugal 51% PwC Wind energy production 50 58,420 -85 10,622 10,622 69,008 Eólica do Espigão, S.A. Portugal 51% PwC Wind energy production 50 13,714 0 3,468 3,468 17,232 Eólica da Terra do Mato, S.A. Portugal 51% PwC Wind energy production 50 12,622 -14 2,548 2,548 15,205 Eólica do Alto da Lagoa, S.A. Portugal 51% PwC Wind energy production 50 11,605 -7 2,083 2,083 13,731 Eólica do Alto da Teixosa, S.A. Portugal 51% PwC Wind energy production 50 10,806 -14 2,646 2,646 13,488 Eólica do Alto do Mourisco, S.A. Portugal 51% PwC Wind energy production 50 9,466 -5 2,225 2,225 11,736 Eólica das Serras das Beiras, S.A. Portugal 51% PwC Wind energy production 50 42,197 -73 8,659 8,659 50,834 EDP Renewables SGPS, S.A. Portugal 100% PwC Holding 50 344,525 0 2,326 2,326 346,902 EDPR PT - Parques Eólicos, S.A. Portugal 51% PwC Wind energy production 50 36,924 0 11,280 11,280 48,253 S.E.E. - Sul Energía Eólica, S.A. Portugal 100% PwC Wind energy production 150 6,707 0 1,997 1,997 8,854 Parque Eólico do Barlavento, S.A. Portugal 90% PwC Wind energy production 60 31,999 0 7,713 7,713 39,772

Annual report 2022 Individual annual accounts 065 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL IE2 Portugal, SGPS, S.A. Portugal 100% PwC Wind energy production 50 17 0 -19 -19 47 EDPR Cross Solutions, S.A. Portugal 100% 50 0 0 -37 -37 13 R.Wind, Sp. z o.o. Poland 100% n.a. Wind energy production 1 -29 0 -117 -117 -145 EDP Renewables Polska, Sp. z o.o. Poland 100% PwC Holding and wind energy production 92,762 84,538 164 62,822 62,822 240,286 Relax Wind Park III, Sp. z o.o. Poland 51% PwC Wind energy production 12,709 8,775 -64 16,461 16,461 37,881 Relax Wind Park I, Sp. z o.o. Poland 51% PwC Wind energy production 9,923 22,229 0 21,621 21,621 53,773 Elektrownia Wiatrowa Kresy I, Sp. z o.o. Poland 51% PwC Wind energy production 15 72,205 0 20,868 20,868 93,088 Masovia Wind Farm I, Sp. z o.o. Poland 100% PwC Wind energy production 268 -292 0 -49 -49 -73 Farma Wiatrowa Starozreby, Sp. z o.o. Poland 100% n.a. Wind energy production 99 180 0 -16 -16 263 Karpacka Mala Energetyka, Sp. z o.o. Poland 85% n.a. Wind energy production 11 -452 0 -34 -34 -475 Molen Wind II, Sp. z o.o. Poland 51% PwC Wind energy production 3 17,090 -773 9,942 9,942 26,262 Korsze Wind Farm, Sp. z o.o. Poland 51% PwC Wind energy production 7,624 6,300 0 21,024 21,024 34,947 Radziejów Wind Farm, Sp. z o.o. Poland 51% PwC Wind energy production 5,886 -2,199 0 2,489 2,489 6,176 Miramit Investments, Sp. z o.o. Poland 100% n.a. Wind energy production 12 142 0 -22 -22 131 EDP Renewables Polska HoldCo, S.A. Poland 51% PwC Holding 21 194,696 0 24,874 24,874 219,591 Rampton, Sp. z o.o. Poland 100% n.a. Wind energy production 2,347 -61 0 -35 -35 2,251 EDP Renewables Polska Solar, Sp. z o.o. Poland 100% n.a. Photovoltaic energy production 1 -361 -29 -1,194 -1,194 -1,584 Gudziki Wind Farm, sp. z o.o. Poland 51% n.a. Wind energy production 7,615 -975 -4,797 4,913 4,913 6,757 EW Dobrzyca, sp. z o.o. Poland 100% PwC Wind energy production 144 6,602 -28,529 13,338 13,338 -8,445 Ujazd, Sp. z o.o. Poland 100% PwC Wind energy production 799 -1,041 -3,919 3,952 3,952 -209 Energiaki Arvanikou E.P.E. Greece 0.01% 99.99% PwC Wind energy production 1,312 14,320 0 645 645 16,278 Wind Park Aerorrachi M.A.E. Greece 100% PwC Wind energy production 496 -2,098 0 -1,013 -1,013 -2,616 EDPR Hellas 1 M.A.E. Greece 100% PwC Wind energy production 1,255 195 0 -1,040 -1,040 410 EDPR Hellas 2 M.A.E. Greece 100% PwC Wind energy production 470 1,439 0 -651 -651 1,257

Annual report 2022 Individual annual accounts 066 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Aioliko Parko Fthiotidos Erimia E.P.E. Greece 0.67% 99.33% PwC Wind energy production 155 558 0 -542 -542 170 Wind Shape E.P.E. Greece 0.01% 99.99% n.a. Wind energy production 18 -179 0 -453 -453 -614 Aioliki Oitis Energiaki E.P.E. Greece 5% 95% n.a. Wind energy production 5 -1,064 0 -408 -408 -1,467 Kadmeios Anemos Energiaki A.E. Greece 100% n.a. Wind energy production 25 -959 0 -410 -410 -1,344 Voiotikos Anemos Energiaki A.E. Greece 100% n.a. Wind energy production 25 -160 0 -403 -403 -538 Aeolos Evias Energiaki, M.A.E. Greece 100% n.a. 25 0 0 -660 -660 -635 EDPR România, S.R.L. Romania 1% 99% PwC Wind energy production 301,423 153,631 0 57,563 57,563 512,617 International Solar Energy, S.R.L. Romania 100% PwC Photovoltaic energy production 0 -1 0 -246 -246 -247 Solar Phoenix, S.R.L. Romania 100% PwC Photovoltaic energy production 16 -21 0 -265 -265 -270 Energopark, S.R.L. Romania 100% PwC Wind energy production 27 156 0 -291 -291 -108 Beta Wind, S.R.L. Romania 100% PwC Wind energy production 42 5,191 0 -305 -305 4,928 Fravezac, S.R.L. Romania 100% 1,176 -603 0 -30 -30 542 Szabadsolar, Kft. Hungary 100% 7 0 0 -411 -411 -403 Sunglare Capture, Kft. Hungary 100% 7 0 0 -347 -347 -339 Sunglare Expert, Kft. Hungary 100% 7 0 0 -343 -343 -336 EDPR Investment Hungary, Kft. Hungary 100% n.a. Holding 21 -20 0 -32 -32 -32 EDP Renewables Hungary Hungary 100% PwC Holding 75 -1,260 0 -799 -799 -1,984 Sunlight Solar, Kft. Hungary 85% PwC Photovoltaic energy production 13 -373 1,692 -1,260 -1,260 72 Napenergia, Kft. Hungary 100% 7 -11 0 -617 -617 -620 Nyírség Watt, Kft. Hungary 100% PwC Wind energy production 781 276 694 35 35 1,785 Altnabreac Wind Farm Limited UK 100% PwC Wind energy production 0 -285 0 -1,609 -1,609 -1,894 Ben Sca Wind Farm Limited UK 100% PwC Wind energy production 0 -299 0 -565 -565 -864 Moorshield Wind Farm Limited UK 100% PwC Wind energy production 0 -286 0 -354 -354 -640 Drummarnock Wind Farm Limited UK 100% PwC Wind energy production 0 -281 0 -385 -385 -666 Wind 2 Project 1 Limited UK 100% PwC Wind energy production 0 -281 0 -360 -360 -641

Annual report 2022 Individual annual accounts 067 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL EDP Renewables Vietnam Company Limited Vietnam 100% PwC Holding 286 -1,020 0 -1,758 -1,758 -2,492 Trung Son Energy Development LLC Vietnam 100% PwC Photovoltaic energy production 7,823 814 0 -507 -507 8,130 WF Energy III, Sp. z o.o. Poland 100% n.a. Wind energy production 1 5 0 -13 -13 -7 Farma Fotowoltaiczna Koden, Sp. z o.o. Poland 100% n.a. Photovoltaic energy production 1 -7 0 -18 -18 -23 Neo Solar Chotków, Sp. z o.o. Poland 100% n.a. Photovoltaic energy production 1 -21 -8 -220 -220 -248 Neo Solar Przykona II, Sp. z o.o. Poland 100% n.a. Photovoltaic energy production 1 -43 0 -14 -14 -56 Elektrownia Kamienica, Sp. z o.o. Poland 100% n.a. Wind energy production 1 -17 0 -17 -17 -33 FW Warta, Sp. z o.o. Poland 100% PwC Wind energy production 2 -286 -90 1,803 1,803 1,429 Wind Field Wielkopolska, Sp. z o.o. Poland 100% PwC Wind energy production 108 -290 -51,873 13,273 13,273 -38,781 Neo Solar Farm, Sp. z o.o. Poland 100% PwC Photovoltaic energy production 1 -666 -581 -538 -538 -1,784 Budzyn, Sp. z o.o. Poland 51% PwC Wind energy production 1 -20 0 -18 -18 -37 EDPR International Investments, B.V. NL 100% PwC Holding 20 10,597 0 4,728 4,728 15,345 Eolos Energía, S.A.S. E.S.P. Colombia 100% PwC Wind energy production 4,327 37,363 -13 -19,600 -19,600 22,077 Vientos del Norte, S.A.S. E.S.P. Colombia 100% PwC Wind energy production 3,726 32,106 253 -17,880 -17,880 18,205 Solar Power Solutions, S.A.S. E.S.P. Colombia 100% PwC Photovoltaic energy production 201 1,075 0 -438 -438 838 Elipse Energía, S.A.S. E.S.P. Colombia 100% n.a. Photovoltaic energy production 49 -307 0 -459 -459 -717 Omega Energía, S.A.S. E.S.P. Colombia 100% n.a. Photovoltaic energy production 49 -305 0 -433 -433 -689 Kappa Energía, S.A.S. E.S.P. Colombia 100% n.a. Photovoltaic energy production 49 -305 0 -444 -444 -700 Parque Solar Fotovoltaico El Copey, S.A.S. E.S.P. Colombia 100% 247 -4 0 -454 -454 -211 OMA Haedori Co., Ltd. Korea 75% n.a. Wind energy production 370 -443 0 -838 -838 -911 EDPR Korea, Ltd. Korea 100% 74 0 0 -880 -880 -805

Annual report 2022 Individual annual accounts 068 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Timber Road Solar Park II LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Timber Road Solar Park III LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 EDPR Scarlet II BESS LLC USA 100% 0 0 0 0 0 0 Ragsdale Solar II LLC USA 100% 0 0 0 0 0 0 Sweet Acres Solar Park LLC USA 100% 0 0 0 0 0 0 New Road Power LLC USA 100% 0 0 0 0 0 0 Iron Valley Solar Park LLC USA 100% 0 0 0 0 0 0 Edwardsport Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Timber Road II Storage LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Timber Road III Storage LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Top Crop I Storage LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Top Crop II Storage LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Twin Groves I Storage LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Twin Groves II Storage LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Misenheimer Solar LLC USA 100% n.a. Photovoltaic energy production 24,924 0 0 0 0 24,924 Sandrini LandCo LLC USA 100% 0 0 0 0 0 0 EDPR Northeast Solar Park LLC USA 100% 0 0 0 0 0 0 Trolley Barn Storage LLC USA 100% 0 0 0 0 0 0 Azalea Springs Solar Park LLC USA 100% n.a. Photovoltaic energy production 2,684 0 0 -7 -7 2,677 Cattlemen Solar Park LLC USA 100% n.a. Photovoltaic energy production 8,704 0 0 -1,160 -1,160 7,544 Duff Solar Park II LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 EDPR Northeast Allen Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Indiana Crossroads Solar Park II LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 RTSW Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0

Annual report 2022 Individual annual accounts 069 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL RTSW Solar Park II LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 RTSW Solar Park III LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 RTSW Solar Park IV LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 RTSW Solar Park V LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 RTSW Solar Park VI LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 EDPR Solar Ventures V LLC USA 100% n.a. Photovoltaic energy production 35,220 89,121 0 -74,400 -74,400 49,942 Goldfinger Ventures III LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Alabama Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Blackford County Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Solar Ventures Purchasing LLC USA 100% n.a. Photovoltaic energy production 0 -796 0 0 0 -796 Esker Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 EDPR Solar Ventures III LLC USA 100% n.a. Photovoltaic energy production 69,530 9,077 0 5,357 5,357 83,964 Greenbow Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Holly Hill Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Pleasantville Solar Park LLC USA 100% n.a. Photovoltaic energy production 2 0 0 -2 -2 0 Mineral Springs Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 EDPR Solar Ventures IV LLC USA 100% n.a. Photovoltaic energy production 80,118 16,274 0 9,690 9,690 106,081 Black Prairie Solar Park LLC USA 100% n.a. Photovoltaic energy production 1,205 0 0 0 0 1,205 Duff Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Eastmill Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Lowland Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 -10 -10 -10

Annual report 2022 Individual annual accounts 070 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Moonshine Solar Park LLC USA 100% n.a. Photovoltaic energy production 3 0 0 -2 -2 2 Sedge Meadow Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Helena Harbor Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Headwaters Wind Farm III LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Loki Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Leprechaun Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Little Brook Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 EDPR Wind Ventures XX LLC USA 100% n.a. Wind energy production 0 16,871 -7,956 7,480 7,480 16,394 EDPR Wind Ventures XXI LLC USA 100% n.a. Wind energy production 125,122 6,444 0 6,647 6,647 138,214 2019 Vento XXI LLC USA 100% PwC Wind energy production 250,309 -137 0 -110 -110 250,062 Bright Stalk Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Crossing Trails Wind Power Project II LLC USA 100% n.a. Wind energy production 4 0 0 -4 -4 0 Headwaters Wind Farm IV LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Tillman Solar Park II LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Indiana Crossroads Wind Ventures LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Riverstart Solar Park VI LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 EDPR NA Shelby Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 EDPR Northeast Allen Solar Park II LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Blackford County Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 EDPR Wind Ventures XXII LLC USA 100% n.a. Wind energy production 337,349 8,120 0 18,905 18,905 364,374 2020 Vento XXII LLC USA 100% PwC Wind energy production 946,620 58 0 -4,884 -4,884 941,793

Annual report 2022 Individual annual accounts 071 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Rosewater Ventures LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Crescent Bar Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Esker Solar Park II LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Bluebird Prairie Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Tillman Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 RE Scarlet LLC USA 100% n.a. Wind energy production 36,293 0 0 -14,626 -14,626 21,667 Eólica de Coahuila, S.A. de C.V. Mexico 51% PwC Wind energy production 7,305 29,436 3,464 5,265 5,265 45,471 Vientos de Coahuila, S.A. de C.V. Mexico 0.01% 99.99% n.a. Wind energy production 136,503 -2,040 0 -4,592 -4,592 129,871 EDPR Servicios de México, S. de R.L. de C.V. Mexico 100% n.a. Other economic activities 7,725 -2,220 0 -65 -65 5,440 Parque Solar Los Cuervos, S. de R.L. de C.V. Mexico 99.99% 0.01% n.a. Photovoltaic energy production 168,990 -211 0 4,950 4,950 173,728 Prospector Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Rye Patch Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Loblolly Hill Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Meadow Lake Wind Farm VIII LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Loyal Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Marathon Wind Farm LLC USA 100% n.a. Wind energy production 3,276 -3 0 -22 -22 3,251 EDPR Wind Ventures XIX LLC USA 100% n.a. Wind energy production 0 24,271 0 417 417 24,688 Cielo Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Quilt Block Wind Farm II LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Shullsburg Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Loma de la Gloria Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Wrangler Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0

Annual report 2022 Individual annual accounts 072 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL San Clemente Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Wildcat Creek Wind Farm LLC USA 100% n.a. Wind energy production 243,883 57 0 -2,170 -2,170 241,770 Indiana Crossroads Wind Farm II LLC USA 100% n.a. Wind energy production 14,472 -37 0 -5 -5 14,430 Bayou Bend Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Poplar Camp Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Avondale Solar Park LLC USA 100% n.a. Photovoltaic energy production 1,815 0 0 -3 -3 1,812 EDPR Wind Ventures XVIII LLC USA 100% n.a. Wind energy production 155,499 27,517 0 14,850 14,850 197,866 2018 Vento XVIII LLC USA 100% PwC Wind energy production 398,474 -450 0 -103 -103 397,922 Coldwater Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Nine Kings Transco LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Sweet Stream Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Blue Harvest Solar Park LLC USA 100% n.a. Photovoltaic energy production 11,743 -21 0 -45 -45 11,678 EDPR Solar Ventures II LLC USA 100% n.a. Photovoltaic energy production 48,565 25,903 0 6,738 6,738 81,206 2017 Sol II LLC USA 100% PwC Photovoltaic energy production 99,135 -162 0 -19 -19 98,954 Cameron Solar LLC USA 100% PwC Photovoltaic energy production 32,154 315 0 39 39 32,508 Estill Solar I LLC USA 100% PwC Photovoltaic energy production 35,279 17 0 -129 -129 35,167 Hampton Solar II LLC USA 100% PwC Photovoltaic energy production 31,980 1,503 0 23 23 33,506 EDPR Wind Ventures XVII LLC USA 100% n.a. Wind energy production 0 32,388 0 5,229 5,229 37,617 Franklin Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Paulding Wind Farm IV LLC USA 100% n.a. Wind energy production 193,569 -4,756 0 -3,185 -3,185 185,628 Rush County Wind Farm LLC USA 100% n.a. Wind energy production 2,698 0 0 0 0 2,698 EDPR South Table LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Casa Grande Carmel Solar LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0

Annual report 2022 Individual annual accounts 073 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Paulding Wind Farm V LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Headwaters Wind Farm II LLC USA 100% n.a. Wind energy production 244,217 -1,885 0 2,607 2,607 244,939 Waverly Wind Farm II LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Spruce Ridge Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Reloj del Sol Wind Farm LLC USA 100% n.a. Wind energy production 303,836 -25,159 0 -4,414 -4,414 274,263 2016 Vento XV LLC USA 100% PwC Wind energy production 416,477 -628 0 -106 -106 415,743 2016 Vento XVI LLC USA 100% PwC Wind energy production 134,786 -589 0 -109 -109 134,088 EDPR Wind Ventures XV LLC USA 100% n.a. Wind energy production 101,936 63,519 0 12,463 12,463 177,918 EDPR Wind Ventures XVI LLC USA 100% n.a. Wind energy production 43,391 9,458 0 3,781 3,781 56,630 Blue Marmot I LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Blue Marmot II LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Drake Peak Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Blue Marmot IV LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Blue Marmot V LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Blue Marmot VI LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Blue Marmot VII LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Blue Marmot VIII LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Blue Marmot IX LLC USA 100% n.a. Wind energy production 1 0 0 -4 -4 -3 Blue Marmot Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Blue Marmot XI LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Horse Mountain Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Riverstart Solar Park II LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Hidalgo Wind Farm II LLC USA 100% n.a. Wind energy production 59,624 9,143 0 -3,522 -3,522 65,245 Long Hollow Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Castle Valley Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 White Stone Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0

Annual report 2022 Individual annual accounts 074 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Riverstart Solar Park III LLC USA 100% n.a. Photovoltaic energy production 7,325 -40 0 0 0 7,285 Dry Creek Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Riverstart Solar Park IV LLC USA 100% n.a. Photovoltaic energy production 4,208 0 0 -2 -2 4,207 Riverstart Solar Park V LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Timber Road Solar Park LLC USA 100% n.a. Photovoltaic energy production 9,868 -25 0 -3 -3 9,840 Paulding Wind Farm VI LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Renville County Wind Farm LLC USA 100% n.a. Wind energy production 1,808 0 0 0 0 1,808 EDPR CA Solar Park LLC USA 100% n.a. Photovoltaic energy production 34,868 -20 0 -688 -688 34,161 EDPR CA Solar Park II LLC USA 100% n.a. Photovoltaic energy production 3,269 -65 0 -674 -674 2,531 EDPR CA Solar Park III LLC USA 100% n.a. Photovoltaic energy production 3,744 -8 0 -32 -32 3,703 EDPR CA Solar Park IV LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 EDPR CA Solar Park V LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 EDPR CA Solar Park VI LLC USA 100% n.a. Photovoltaic energy production 514 -228 0 -67 -67 219 EDP Renewables North America LLC USA 100% PwC Holding and wind energy production 5,488,49 7 -616,392 -14,588 -244,371 -244,371 4,613,145 Wind Turbine Prometheus LP USA 100% n.a. Wind energy production 6 -6 0 0 0 0 Lost Lakes Wind Farm LLC USA 100% n.a. Wind energy production 108,894 -1,878 0 -6,881 -6,881 100,135 Whitestone Wind Purchasing LLC USA 100% n.a. Wind energy production 0 3,392 0 -2,176 -2,176 1,216 Blue Canyon Windpower V LLC USA 51% PwC Wind energy production 0 92,363 0 8,515 8,515 100,878 Sagebrush Power Partners LLC USA 100% PwC Wind energy production 124,747 -8,122 0 2,945 2,945 119,569 Marble River LLC USA 100% n.a. Wind energy production 169,853 33,729 0 7,736 7,736 211,318 Blackstone Wind Farm LLC USA 100% n.a. Wind energy production 72,161 1,680 0 7,219 7,219 81,059 Aroostook Wind Energy LLC USA 100% n.a. Wind energy production 44,870 -5,103 0 -5 -5 39,762

Annual report 2022 Individual annual accounts 075 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Jericho Rise Wind Farm LLC USA 100% PwC Wind energy production 110,482 10,112 0 3,663 3,663 124,256 Martinsdale Wind Farm LLC USA 100% n.a. Wind energy production 4,842 -132 0 -353 -353 4,357 Signal Hill Wind Power Project LLC USA 100% n.a. Wind energy production 4 -4 0 0 0 0 Tumbleweed Wind Power Project LLC USA 100% n.a. Wind energy production 4 -4 0 0 0 0 Stinson Mills Wind Farm LLC USA 100% n.a. Wind energy production 4,380 -93 0 0 0 4,287 OPQ Property LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Meadow Lake Wind Farm LLC USA 100% n.a. Wind energy production 167,800 -18,746 0 1,570 1,570 150,624 Wheat Field Wind Power Project LLC USA 51% PwC Wind energy production 0 50,881 0 5,874 5,874 56,755 High Trail Wind Farm LLC USA 100% PwC Wind energy production 108,302 69,241 0 13,946 13,946 191,489 Madison Windpower LLC USA 100% PwC Wind energy production 18,295 -14,295 0 -1,006 -1,006 2,994 Mesquite Wind LLC USA 100% PwC Wind energy production 84,528 69,183 0 -1,251 -1,251 152,461 BC2 Maple Ridge Wind LLC USA 100% PwC Wind energy production 252,026 -142,241 0 -3,285 -3,285 106,500 Blue Canyon Windpower II LLC USA 100% PwC Wind energy production 247,436 -39,054 0 -17,225 -17,225 191,157 Telocaset Wind Power Partners LLC USA 51% PwC Wind energy production 0 74,889 224 8,253 8,253 83,366 Post Oak Wind LLC USA 51% PwC Wind energy production 90,667 80,107 0 -1,507 -1,507 169,267 High Prairie Wind Farm II LLC USA 51% PwC Wind energy production 39,808 30,996 271 5,240 5,240 76,316 Old Trail Wind Farm LLC USA 51% PwC Wind energy production 77,908 103,475 1,767 14,479 14,479 197,629 Cloud County Wind Farm LLC USA 51% PwC Wind energy production 111,110 46,251 0 8,063 8,063 165,424 Pioneer Prairie Wind Farm I LLC USA 51% PwC Wind energy production 146,817 126,976 5,596 15,197 15,197 294,586 Arlington Wind Power Project LLC USA 51% PwC Wind energy production 45,039 37,646 0 4,470 4,470 87,155 Rail Splitter Wind Farm LLC USA 100% PwC Wind energy production 175,946 -61,161 0 1,726 1,726 116,511 Meadow Lake Wind Farm II LLC USA 100% PwC Wind energy production 131,137 -20,207 0 -1,557 -1,557 109,372 Black Prairie Wind Farm LLC USA 100% n.a. Wind energy production 1,110 -3 0 0 0 1,107 Meadow Lake Wind Farm IV LLC USA 100% n.a. Wind energy production 77,085 -8,844 0 1,884 1,884 70,126

Annual report 2022 Individual annual accounts 076 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Blackstone Wind Farm II LLC USA 100% n.a. Wind energy production 160,923 4,509 0 15,423 15,423 180,854 Saddleback Wind Power Project LLC USA 100% n.a. Wind energy production 1,270 -1,266 0 0 0 4 Meadow Lake Wind Farm III LLC USA 100% n.a. Wind energy production 78,274 5,501 0 4,839 4,839 88,614 2007 Vento I LLC USA 100% PwC Wind energy production 461,790 51,916 0 3,538 3,538 517,244 2007 Vento II LLC USA 51% PwC Wind energy production 195,827 -5,312 0 -136 -136 190,379 2008 Vento III LLC USA 51% PwC Wind energy production 309,315 -6,517 0 -6 -6 302,792 2009 Vento V LLC USA 51% PwC Wind energy production 994 -1,247 0 -3 -3 -256 Horizon Wind Ventures I LLC USA 100% n.a. Wind energy production 12,266 446,532 0 -756 -756 458,042 Horizon Wind Ventures III LLC USA 51% n.a. Wind energy production 0 -2,892 0 459 459 -2,433 Clinton County Wind Farm LLC USA 100% n.a. Wind energy production 169,860 -7 0 0 0 169,853 Antelope Ridge Wind Power Project LLC USA 100% n.a. Wind energy production 12,028 -12,028 0 0 0 0 Lexington Chenoa Wind Farm II LLC USA 100% n.a. Wind energy production 2,217 -564 0 0 0 1,653 Blackstone Wind Farm III LLC USA 100% n.a. Wind energy production 5,884 -5,884 0 0 0 0 Paulding Wind Farm LLC USA 100% n.a. Wind energy production 33 -33 0 0 0 0 Paulding Wind Farm II LLC USA 51% PwC Wind energy production 45,501 59,304 0 11,289 11,289 116,095 Waverly Wind Farm LLC USA 51% PwC Wind energy production 203,625 30,143 0 4,300 4,300 238,069 Blue Canyon Windpower VI LLC USA 100% PwC Wind energy production 78,806 17,841 0 -5,204 -5,204 91,443 Paulding Wind Farm III LLC USA 100% PwC Wind energy production 136,228 15,651 0 7,495 7,495 159,374 2011 Vento IX LLC USA 51% PwC Wind energy production 45,556 -1,223 0 -118 -118 44,215 Horizon Wind Ventures IX LLC USA 51% n.a. Wind energy production 9,472 -1,560 0 1,678 1,678 9,590 EDPR Vento IV Holding LLC USA 100% PwC Wind energy production 117,883 17,733 0 0 0 135,616 Headwaters Wind Farm LLC USA 51% PwC Wind energy production 179,243 69,168 0 14,717 14,717 263,128 Lone Valley Solar Park I LLC USA 50% PwC Photovoltaic energy production 20,308 1,775 0 421 421 22,504 Lone Valley Solar Park II LLC USA 50% PwC Photovoltaic energy production 33,335 6,927 0 1,648 1,648 41,909 Rising Tree Wind Farm LLC USA 51% PwC Wind energy production 70,136 45,727 0 8,455 8,455 124,318

Annual report 2022 Individual annual accounts 077 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Arbuckle Mountain Wind Farm LLC USA 51% PwC Wind energy production 131,589 -8,774 0 -1,368 -1,368 121,447 Hidalgo Wind Farm LLC USA 100% PwC Wind energy production 305,957 22,877 0 -25,303 -25,303 303,531 Rising Tree Wind Farm III LLC USA 51% PwC Wind energy production 102,970 45,094 0 8,121 8,121 156,185 Rising Tree Wind Farm II LLC USA 51% PwC Wind energy production 19,818 6,467 0 723 723 27,008 Wheat Field Holding LLC USA 51% PwC Holding 0 -32,647 0 -2 -2 -32,649 EDPR WF LLC USA 100% n.a. Wind energy production 46,238 0 0 0 0 46,238 Sustaining Power Solutions LLC USA 100% n.a. Wind energy production 167,881 -111,831 0 -31,601 -31,601 24,450 Green Power Offsets LLC USA 100% n.a. Wind energy production 10 -10 0 0 0 0 Arkwright Summit Wind Farm LLC USA 100% PwC Wind energy production 161,224 5,220 0 5,352 5,352 171,796 Randolph Solar Park LLC USA 100% n.a. Photovoltaic energy production 29,866 -34 0 -102 -102 29,729 EDPR Vento I Holding LLC USA 100% n.a. Wind energy production 227,032 0 0 0 0 227,032 Turtle Creek Wind Farm LLC USA 100% PwC Wind energy production 237,272 14,537 0 6,443 6,443 258,252 Rio Blanco Wind Farm LLC USA 100% n.a. Wind energy production 2,899 -1 0 0 0 2,899 BC2 Maple Ridge Holdings LLC USA 100% n.a. Holding 0 0 0 0 0 0 Plum Nellie Wind Farm LLC USA 100% n.a. Wind energy production 3,745 -6 0 -52 -52 3,686 Five-Spot LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Horizon Wind Chocolate Bayou I LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Alabama Ledge Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Ashford Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Athena-Weston Wind Power Project LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Lexington Chenoa Wind Farm III LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Blackstone Wind Farm IV LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 WTP Management Company LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Blackstone Wind Farm V LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0

Annual report 2022 Individual annual accounts 078 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Blue Canyon Windpower III LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Blue Canyon Windpower IV LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Broadlands Wind Farm II LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Broadlands Wind Farm III LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Chateaugay River Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Cropsey Ridge Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 EDPR Wind Ventures X LLC USA 100% n.a. Wind energy production 0 66,223 0 514 514 66,737 EDPR Wind Ventures XI LLC USA 51% n.a. Wind energy production 6,023 56,433 0 11,676 11,676 74,132 EDPR Wind Ventures XII LLC USA 51% n.a. Wind energy production 20,280 8,845 0 3,487 3,487 32,611 EDPR Wind Ventures XIII LLC USA 51% n.a. Wind energy production 62,023 37,327 0 10,208 10,208 109,557 EDPR Wind Ventures XIV LLC USA 51% n.a. Wind energy production 23,428 38,707 0 11,659 11,659 73,794 Crossing Trails Wind Power Project LLC USA 100% n.a. Wind energy production 143,858 -1,482 0 -2,252 -2,252 140,124 Dairy Hills Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Diamond Power Partners LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 East Klickitat Wind Power Project LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Ford Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Gulf Coast Windpower Management Company LLC USA 75% n.a. Wind energy production 0 0 0 0 0 0 Horizon Wind Energy Northwest IV LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Horizon Wind Energy Northwest VII LLC USA 100% n.a. Wind energy production 0 0 0 -140 -140 -140 Horizon Wind Energy Northwest X LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Horizon Wind Energy Northwest XI LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0

Annual report 2022 Individual annual accounts 079 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Horizon Wind Energy Panhandle I LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Horizon Wind Energy Southwest I LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Horizon Wind Energy Southwest II LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Horizon Wind Energy Southwest III LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Horizon Wind Energy Southwest IV LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Horizon Wind Energy Valley I LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Horizon Wind MREC Iowa Partners LLC USA 75% n.a. Wind energy production 0 0 0 0 0 0 Horizon Wind Freeport Windpower I LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Juniper Wind Power Partners LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Machias Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Blue Canyon Windpower VII LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 New Trail Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 North Slope Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Number Nine Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Pacific Southwest Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Horizon Wyoming Transmission LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Buffalo Bluff Wind Farm LLC USA 100% n.a. Wind energy production 4,620 0 0 -1 -1 4,619 Sardinia Windpower LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Rail Splitter Wind Farm II LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Western Trail Wind Project I LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Whistling Wind WI Energy Center LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0

Annual report 2022 Individual annual accounts 080 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Simpson Ridge Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Coos Curry Wind Power Project LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Horizon Wind Energy Midwest IX LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Horizon Wind Energy Northwest I LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 AZ Solar LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Peterson Power Partners LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Big River Wind Power Project LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Tug Hill Windpower LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Whiskey Ridge Power Partners LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Wilson Creek Power Project LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Black Prairie Wind Farm II LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Black Prairie Wind Farm III LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 2015 Vento XIV LLC USA 51% PwC Wind energy production 204,363 -673 0 -109 -109 203,581 2011 Vento X LLC USA 100% PwC Wind energy production 77,780 -1,165 0 -180 -180 76,435 Simpson Ridge Wind Farm II LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Simpson Ridge Wind Farm III LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Simpson Ridge Wind Farm IV LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Simpson Ridge Wind Farm V LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Athena-Weston Wind Power Project II LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 17th Star Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Green Country Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 2014 Vento XI LLC USA 51% PwC Wind energy production 178,014 -103 0 -3 -3 177,908 EDPR Solar Ventures I LLC USA 50% n.a. Photovoltaic energy production 28,535 21,400 0 137 137 50,073

Annual report 2022 Individual annual accounts 081 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL 2014 Sol I LLC USA 50% PwC Photovoltaic energy production 54,026 -608 0 -75 -75 53,342 2014 Vento XII LLC USA 51% PwC Wind energy production 89,882 -119 0 -5 -5 89,758 Rolling Upland Wind Farm LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 2015 Vento XIII LLC USA 51% PwC Wind energy production 232,433 -910 0 -111 -111 231,412 EDP Renewables SH Project Limited Partnership Canada 100% n.a. Wind energy production 33,907 -1,595 7,511 -877 -877 38,946 EDP Renewables Canada Ltd. Canada 100% n.a. Holding 142,184 -2,789 -163 -1,694 -1,694 137,538 SBWF GP Inc. Canada 51% n.a. Wind energy production 0 1 0 0 0 1 South Dundas Windfarm Limited Partnership Canada 51% PwC Wind energy production 0 22,552 1,208 3,975 3,975 27,735 Nation Rise Wind Farm GP Inc. Canada 100% PwC Wind energy production 1 -18 0 -6 -6 -23 Nation Rise Wind Farm Limited Partnership Canada 50% n.a. Wind energy production 51,693 213 6,579 2,860 2,860 61,346 South Branch Wind Farm II GP Inc. Canada 100% n.a. Wind energy production 0 0 0 0 0 0 South Branch Wind Farm II Limited Partnership Canada 100% n.a. Wind energy production 417 -437 0 -69 -69 -88 EDP Renewables SH Project GP Ltd. Canada 100% n.a. Wind energy production 3 0 0 -2 -2 2 EDP Renováveis Brasil, S.A. Brasil 100% PwC Holding 558,556 28,504 -2,172 86,578 86,578 671,465 Central Nacional de Energia Eólica, S.A. Brasil 51% PwC Wind energy production 2,198 144 0 1,296 1,296 3,639 Elebrás Projetos, S.A. Brasil 51% PwC Wind energy production 18,405 -725 0 12,569 12,569 30,250 Central Eólica Boqueirão I, S.A. Brasil 100% PwC Wind energy production 17,773 -20 0 -451 -451 17,303 Central Eólica Baixa do Feijão I, S.A. Brasil 51% PwC Wind energy production 6,955 2,371 0 -131 -131 9,195 Central Eólica Baixa do Feijão II, S.A. Brasil 51% PwC Wind energy production 7,192 2,577 0 22 22 9,791 Central Eólica Baixa do Feijão III, S.A. Brasil 51% PwC Wind energy production 11,956 320 0 -512 -512 11,764 Central Eólica Baixa do Feijão IV, S.A. Brasil 51% PwC Wind energy production 7,880 1,487 0 -317 -317 9,050

Annual report 2022 Individual annual accounts 082 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Central Eólica JAU, S.A. Brasil 51% PwC Wind energy production 30,868 10,282 0 -242 -242 40,908 Central Eólica Aventura I, S.A. Brasil 51% PwC Wind energy production 14,486 1,522 0 -725 -725 15,283 Central Eólica Asas de Zabelê I, S.A. Brasil 100% 0 0 0 0 0 0 Central Eólica Asas de Zabelê II, S.A. Brasil 100% 0 0 0 0 0 0 Central Eólica Boqueirão II, S.A. Brasil 100% PwC Wind energy production 12,458 -14 0 -395 -395 12,048 Monte Verde Holding, S.A. Brasil 100% PwC Holding 49,282 -214 0 -4,193 -4,193 44,874 Central Eólica Monte Verde I, S.A. Brasil 100% PwC Wind energy production 10,454 -35 0 -886 -886 9,534 Central Eólica Monte Verde II, S.A. Brasil 100% PwC Wind energy production 10,454 -29 0 -891 -891 9,535 Central Eólica Monte Verde III, S.A. Brasil 100% PwC Wind energy production 9,147 -32 0 -787 -787 8,328 Central Eólica Monte Verde IV, S.A. Brasil 100% PwC Wind energy production 7,187 -28 0 -643 -643 6,517 Central Eólica Monte Verde V, S.A. Brasil 100% PwC Wind energy production 5,227 -19 0 -452 -452 4,756 Central Eólica Monte Verde VI, S.A. Brasil 100% PwC Wind energy production 6,822 -33 0 -527 -527 6,262 Central Geradora Fotovoltaica Monte Verde Solar II, S.A. Brasil 100% n.a. Photovoltaic energy production 1,011 0 -1,713 -7 -7 -710 Central Geradora Fotovoltaica Monte Verde Solar III, S.A. Brasil 100% n.a. Photovoltaic energy production 1,011 0 -1,713 -6 -6 -709 Central Geradora Fotovoltaica Monte Verde Solar IV, S.A. Brasil 100% n.a. Photovoltaic energy production 1,011 0 -1,713 -7 -7 -709 Central Eólica Asas de Zabelê III, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Pereira Barreto I, S.A. Brasil 100% PwC Photovoltaic energy production 6,973 1,410 0 17 17 8,400 Central Solar Pereira Barreto II, S.A. Brasil 100% PwC Photovoltaic energy production 18,195 1,210 0 345 345 19,750 Central Solar Pereira Barreto III, S.A. Brasil 100% PwC Photovoltaic energy production 6,162 1,046 0 -1 -1 7,207 Central Solar Pereira Barreto IV, S.A. Brasil 100% PwC Photovoltaic energy production 9,709 682 0 68 68 10,460

Annual report 2022 Individual annual accounts 083 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Central Solar Pereira Barreto V, S.A. Brasil 100% PwC Photovoltaic energy production 2,489 -118 0 -221 -221 2,150 Central Solar Lagoa I, S.A. Brasil 100% n.a. Photovoltaic energy production 179 -1 0 -27 -27 151 Central Solar Lagoa II, S.A. Brasil 100% n.a. Photovoltaic energy production 179 -1 0 -27 -27 151 Central Geradora Fotovoltaica Monte Verde Solar V, S.A. Brasil 100% n.a. Photovoltaic energy production 1,011 0 -1,713 -7 -7 -709 Central Geradora Fotovoltaica Monte Verde Solar VII, S.A. Brasil 100% n.a. Photovoltaic energy production 1,011 0 -1,713 -6 -6 -708 Jerusalém Holding, S.A. Brasil 100% PwC Holding 36,319 -194 0 -2,385 -2,385 33,739 Central Eólica Jerusalém I, S.A. Brasil 100% PwC Wind energy production 5,912 -33 0 -385 -385 5,494 Central Eólica Jerusalém II, S.A. Brasil 100% PwC Wind energy production 5,912 -26 0 -384 -384 5,503 Central Eólica Jerusalém III, S.A. Brasil 100% PwC Wind energy production 5,912 -30 0 -412 -412 5,471 Central Eólica Jerusalém IV, S.A. Brasil 100% PwC Wind energy production 5,912 -26 0 -382 -382 5,504 Central Eólica Jerusalém V, S.A. Brasil 100% PwC Wind energy production 5,912 -26 0 -382 -382 5,505 Central Eólica Jerusalém VI, S.A. Brasil 100% PwC Wind energy production 6,793 -27 0 -432 -432 6,334 Central Eólica Amanhecer I, S.A. Brasil 100% n.a. Wind energy production 0 0 0 0 0 0 Central Eólica Amanhecer II, S.A. Brasil 100% n.a. Wind energy production 0 0 0 0 0 0 Central Eólica Amanhecer III, S.A. Brasil 100% n.a. Wind energy production 0 0 0 0 0 0 EDP Renewables Canada Management Services Ltd Canada 100% n.a. Holding 0 -2,636 0 0 0 -2,636 EDP Renewables Sask SE GP Ltd Canada 100% n.a. Wind energy production 0 0 0 0 0 0 EDP Renewables Sask SE Limited Partnership Canada 100% n.a. Wind energy production 0 -713 0 -248 -248 -962 Kennedy Wind Farm GP Ltd Canada 100% n.a. Wind energy production 0 0 0 0 0 0

Annual report 2022 Individual annual accounts 084 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Kennedy Wind Farm Limited Partnership Canada 100% n.a. Wind energy production 0 -214 0 -43 -43 -257 Bromhead Solar Park GP Ltd Canada 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Bromhead Solar Park Limited Partnership Canada 100% n.a. Photovoltaic energy production 0 -214 0 -43 -43 -257 Halbrite Solar Park GP Ltd Canada 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Halbrite Solar Park Limited Partnership Canada 100% n.a. Photovoltaic energy production 0 -214 0 -43 -43 -257 Blue Bridge Solar Park GP Ltd Canada 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Blue Bridge Solar Park Limited Partnership Canada 100% n.a. Photovoltaic energy production 0 -214 0 -43 -43 -257 EDP Renewables SH II Project GP Ltd Canada 100% n.a. Wind energy production 0 0 0 0 0 0 EDP Renewables SH II Project Limited Partnership Canada 100% n.a. Wind energy production 0 0 0 0 0 0 Sounding Creek Solar Park GP Ltd. Canada 100% 0 0 0 0 0 0 Sounding Creek Solar Park LP Canada 100% 0 0 0 0 0 0 Edgeware BESS Project GP Ltd. Canada 100% 0 0 0 0 0 0 Edgeware BESS Project LP Canada 100% 0 0 0 0 0 0 Central Eólica Asas de Zabelê IV, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Zebu I, S.A. Brasil 100% 638 -85 0 0 0 553 Central Solar Zebu II, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Zebu III, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Zebu IV, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Zebu V, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Zebu VI, S.A. Brasil 100% 0 0 0 0 0 0 Central Eólica Amanhecer IV, S.A. Brasil 100% n.a. Wind energy production 0 0 0 0 0 0 Central Eólica Amanhecer V, S.A. Brasil 100% n.a. Wind energy production 0 0 0 0 0 0

Annual report 2022 Individual annual accounts 085 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Central Eólica Amanhecer VI, S.A. Brasil 100% n.a. Wind energy production 0 0 0 0 0 0 Central Eólica Amanhecer VII, S.A. Brasil 100% n.a. Wind energy production 0 0 0 0 0 0 Central Eólica Catanduba I, S.A. Brasil 100% PwC Wind energy production 0 -204 204 -102 -102 -102 Central Eólica Catanduba II, S.A. Brasil 100% PwC Wind energy production 0 -13 204 -28 -28 163 Central Solar Novo Oriente I, S.A. Brasil 100% n.a. Photovoltaic energy production 177 0 -253 -9 -9 -84 Central Solar Novo Oriente II, S.A. Brasil 100% n.a. Photovoltaic energy production 177 0 -253 -9 -9 -84 Central Solar Novo Oriente III, S.A. Brasil 100% n.a. Photovoltaic energy production 177 0 -253 -9 -9 -84 Central Solar Novo Oriente IV, S.A. Brasil 100% n.a. Photovoltaic energy production 177 0 -253 -4 -4 -80 Central Solar Novo Oriente V, S.A. Brasil 100% n.a. Photovoltaic energy production 177 0 -285 -4 -4 -112 Central Solar Novo Oriente VI, S.A. Brasil 100% n.a. Photovoltaic energy production 177 0 -285 -4 -4 -112 Vento Ludens Ltd UK 100% PwC Wind energy production 9 853 0 -4,248 -4,248 -3,386 Muirake Wind Farm Ltd UK 79% PwC Wind energy production 0 -156 0 1,710 1,710 1,554 Lurg Hill Wind Farm Ltd UK 100% n.a. Wind energy production 0 -391 0 -350 -350 -741 Solar Italy I, S.r.l. Italy 100% 10 961 0 -73 -73 899 Solar Italy II, S.r.l. Italy 100% 10 979 -693 -119 -119 176 Solar Italy IV, S.r.l. Italy 100% 10 978 0 -61 -61 927 Eoles Montjean, S.A.S. France 100% 849 0 0 -1 -1 849 EDP Renewables Chile, SpA Chile 100% n.a. Holding 6,526 -334 0 -1,380 -1,380 4,813 Los Llanos Solar, SpA Chile 100% n.a. Photovoltaic energy production 1 -478 0 -540 -540 -1,017 Parque Eólico Punta de Talca, SpA Chile 100% n.a. Wind energy production 336 -1,036 -413 -1,370 -1,370 -2,483 Parque Eólico San Andrés, SpA Chile 100% n.a. Wind energy production 411 -760 0 -384 -384 -732 Parque Eólico Victoria, SpA Chile 100% n.a. Wind energy production 1,229 -1,493 0 -349 -349 -612 Central Eólica Asas de Zabelê V, S.A. Brasil 100% 0 0 0 0 0 0

Annual report 2022 Individual annual accounts 086 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Central Eólica Asas de Zabelê VI, S.A. Brasil 100% 0 0 0 0 0 0 Central Eólica Asas de Zabelê VII, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Zebu VII, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Zebu VIII, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Zebu IX, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Presidente JK I, S.A. Brasil 100% 565 -563 0 0 0 2 Central Solar Presidente JK II, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Presidente JK III, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Presidente JK IV, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Presidente JK V, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Presidente JK VI, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Presidente JK VII, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Presidente JK VIII, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Presidente JK IX, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Presidente JK X, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Presidente JK XI, S.A. Brasil 100% 0 0 0 0 0 0 Central Solar Presidente JK XII, S.A. Brasil 100% 0 0 0 0 0 0 Central Geradora Fotovoltaica Monte Verde Solar I, S.A. Brasil 100% 0 0 0 0 0 0 Central Geradora Fotovoltaica Monte Verde Solar VI, S.A. Brasil 100% 0 0 0 0 0 0 Farma Fotowoltaiczna Warta, Sp. z o.o. Poland 100% 1 0 0 -7 -7 -6 Farma Fotowoltaiczna Poland 100% 1 0 0 -2 -2 -1

Annual report 2022 Individual annual accounts 087 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Wielkopolska, Sp. z o.o. Farma Fotowoltaiczna Radziejów, Sp. z o.o. Poland 100% 1 0 0 -7 -7 -6 Farma Fotowoltaiczna Ujazd, Sp. z o.o. Poland 100% 1 0 0 -3 -3 -2 Farma Fotowoltaiczna Budzyn, Sp. z o.o. Poland 100% 1 0 0 -2 -2 -1 Farma Fotowoltaiczna Dobrzyca, Sp. z o.o. Poland 100% 1 0 0 -2 -2 -1 Farma Fotowoltaiczna Tomaszów, Sp. z o.o. Poland 100% 1 0 0 -5 -5 -4 EDP Renewables Germany GmbH Germany 100% 25 0 0 -26 -26 -1 Trung Song SG Pte. Ltd. Singapore 100% PwC Photovoltaic energy production 10,008 -226 0 -434 -434 9,348 LYS Energy Investment Pte. Ltd. Singapore 100% PwC Photovoltaic energy production 10,008 -1,697 0 -416 -416 7,895 Sunseap Group Pte. Ltd. Singapore 92% 390,544 -28,533 0 -9,348 -9,348 352,663 Sunseap International Pte. Ltd. Singapore 100% 19,713 -11,190 0 -3,540 -3,540 4,984 Sunseap Engineering Pte. Ltd. Singapore 100% 1,469 2,261 0 -5,463 -5,463 -1,733 Sunseap Leasing Pte. Ltd. Singapore 100% 80,318 1,079 -3,374 -251 -251 77,771 Sunseap Leasing Beta Pte. Ltd. Singapore 100% 2,797 -238 180 697 697 3,437 SolarNova Phase 1 Pte. Ltd. Singapore 100% 699 6,744 0 4,013 4,013 11,456 Sunseap Commercial Assets Pte. Ltd. Singapore 100% 97 -6 0 191 191 283 Sunseap Energy Pte. Ltd. Singapore 100% 3,497 -51,756 -2,630 7,984 7,984 -42,905 Sunseap Solutions Pte. Ltd. Singapore 100% 629 -2,649 0 -974 -974 -2,994 Sunseap Vpower Pte. Ltd. Singapore 100% 0 -791 0 242 242 -550 Uper Renewable Energy (Singapore) Pte. Ltd. Singapore 100% 97 -502 0 -324 -324 -730 Sunseap SolarNova Pte. Ltd. Singapore 100% 0 -662 0 -58 -58 -720

Annual report 2022 Individual annual accounts 088 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Sunseap Commercial Holdings Pte. Ltd. Singapore 100% 0 -118 0 -8 -8 -126 Sunseap Energy Ventures Pte. Ltd. Singapore 100% 0 -367 0 -903 -903 -1,270 Sunseap Leasing Alpha Pte. Ltd. Singapore 100% 0 -40 0 -8 -8 -49 Sunseap Vietnam Pte. Ltd. Singapore 100% 36,793 -1,196 0 -20 -20 35,577 Sunseap CMX RE Solar Holdings Pte. Ltd. Singapore 100% 0 10,410 0 3,353 3,353 13,764 Sunseap Commercial & Industrial Assets (S.E.A.) Holdings Pte. Ltd. Singapore 100% 70 -307 0 76 76 -161 Sunseap Vietnam Beta Pte. Ltd. Singapore 100% 0 -192 0 -36 -36 -227 Sunseap Links Pte. Ltd. Singapore 80% 0 -5,481 0 17 17 -5,464 Sunseap Vietnam Gamma Pte. Ltd. Singapore 100% 0 -79 0 -37 -37 -116 Sunseap Links Daklong Pte. Ltd. Singapore 95% 0 -6,457 0 -7 -7 -6,464 Sunseap China Pte. Ltd. Singapore 100% 8,378 -126 0 -49 -49 8,203 Sunseap Japan Pte. Ltd. Singapore 100% 0 -362 0 -18 -18 -380 Sunseap Taiwan Pte. Ltd. Singapore 100% 0 -194 0 -61 -61 -255 Sunseap Australia Holdings Pte. Ltd. Singapore 100% 0 -2,152 0 -1,321 -1,321 -3,473 Sunseap Philippines Solar Holdings Pte. Ltd. Singapore 100% 3,295 279 0 -8 -8 3,566 Sunseap Delta Holdings Pte. Ltd. Singapore 100% 0 -13 0 -15 -15 -28 EDPR Sunseap Korea Holdings Pte. Ltd. Singapore 100% 0 -12 0 -8 -8 -20 Sunseap Gamma Holdings Pte. Ltd. Singapore 100% 0 -11 0 -7 -7 -19 Sunseap Gamma Assets Pte. Ltd. Singapore 100% 0 -29 0 -40 -40 -69

Annual report 2022 Individual annual accounts 089 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL SolarNova 4 Beta Holdings Pte. Ltd. Singapore 100% 0 -11 0 -6 -6 -17 SolarNova 4 Beta Assets Pte. Ltd. Singapore 100% 0 -2,213 -53,023 -48 -48 -55,284 Solarland Alpha Holdings Pte. Ltd. Singapore 100% 0 -20 0 -7 -7 -27 Solarland Alpha Assets Pte. Ltd. Singapore 100% 0 -1,531 -23,933 -439 -439 -25,903 Data4Eco Holdings Pte. Ltd. Singapore 60% 35 -47 0 -32 -32 -44 Sunseap Indonesia Pte. Ltd. Singapore 100% 0 -85 0 -40 -40 -125 Sunseap Batam Pte. Ltd. Singapore 100% 0 -183 0 -9 -9 -192 Solar PV Exchange Pte. Ltd. Singapore 100% 860 -782 0 6 6 84 Sunseap Australia Investments Pty. Ltd. Australia 100% 1,900 -3,211 0 -63 -63 -1,374 Sunseap Australia Pty. Ltd. Australia 100% 0 -670 0 -45 -45 -715 Sunseap Assets (Australia) Pty. Ltd. Australia 100% 13 -9 0 -3 -3 1 Sunseap Solar Cambodia Co., Ltd. Cambodia 100% 1 -18 0 -5 -5 -22 Dongying Daoli New Energy Co., Ltd. China 100% 395 -3 0 -1 -1 390 Jinan Xingsheng Energy Co., Ltd. China 100% 1,732 -13 0 174 174 1,893 Shanghai Jingwen Equity Investment Center LP China 90% 8,766 -769 0 555 555 8,552 Suzhou Xingdao New Energy Technology Co., Ltd. China 100% 218 0 0 -2 -2 215 Yuzhou Yixing Energy Technology Co., Ltd. China 100% 4 0 0 -1 -1 3 State Cloud Sunseap Equity Investment Partnership LP China 80% 547 0 0 1 1 548 Yancheng Qingneng Power Technology Co., Ltd. China 100% 186 0 0 -1 -1 185

Annual report 2022 Individual annual accounts 090 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Qinghe County Xinou Funeng New Energy Technology Co., Ltd. China 100% 411 0 0 -2 -2 409 Rongcheng Xingyi New Energy Technology Co., Ltd. China 100% 1,020 0 0 -24 -24 996 Wuhan Panshuo Energy Technology Co., Ltd. China 100% 663 0 0 -1 -1 662 Qingdao Xingqi Energy Co., Ltd. China 100% 142 0 0 -2 -2 140 Heze Dechen New Energy Co., Ltd. China 100% 320 0 0 -2 -2 318 Weihai Deao New Energy Technology Co., Ltd. China 100% 3 0 0 -1 -1 2 Hubei Jianghui New Energy Co., Ltd. China 100% 684 0 0 -3 -3 681 Sunseap China Energy (Qingdao) Co., Ltd. China 100% 5 0 0 -1 -1 4 Sunseap Energy (Malaysia) Sdn. Bhd. Malaysia 100% 583 -443 0 -573 -573 -433 Sunseap Taiwan Solar Holdings Ltd. Taiwan 100% 14,056 -816 0 -92 -92 13,147 Pacific Sunseap Energy Ltd. Taiwan 65% 10,689 -20 0 -19 -19 10,650 Top Green Energy Ltd. Taiwan 65% 10,504 401 0 122 122 11,027 Sunseap Advance Green Technology Ltd. Taiwan 100% 3,080 25 0 42 42 3,147 Sunseap Advance International Ltd. Taiwan 100% 154 -16 0 -1 -1 137 Shuangjian Photoelectric Ltd. Taiwan 70% 1,602 -96 0 46 46 1,552 Hoya Energy Ltd. Taiwan 100% 6,130 -62 0 134 134 6,202 Sunseap Energy (Thailand) Co., Ltd. Thailand 96% 1,228 -794 0 -79 -79 355 Thai-Sunseap Co., Ltd. Thailand 67% 6,162 -683 0 -14 -14 5,465 CMX RE Sunseap Vietnam Solar Power Co., Ltd. Vietnam 55% 42,314 5,671 -293 5,374 5,374 53,066 Sunseap Commercial & Vietnam 100% 4,905 410 0 -6,642 -6,642 -1,327

Annual report 2022 Individual annual accounts 091 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Industrial Assets (Vietnam) Co., Ltd. Uper Renewable Energy Vietnam Co., Ltd. Vietnam 100% 92 4 0 27 27 123 Powersource Sunseap Corp. Philippines 40% 0 0 0 0 0 0 Powersource Sunseap Solar Solution Corp. Philippines 40% 0 0 0 0 0 0 RE Capital Co., Ltd. Japan 100% 1,457 263 0 -2,140 -2,140 -420 PT Sunseap Commercial Industrial Indonesia Asset Indonesia 99% 607 -7 0 -26 -26 573 PT Sunseap Batam Energy Indonesia 99% 607 -3 0 -354 -354 250 PT Right People Renewable Energy Indonesia 100% 613 -500 0 -114 -114 -1 Sunseap China Energy (Shanghai) Ltd. China 100% 9,111 2,503 0 -1,538 -1,538 10,076 Ningbo Jiangbei Baoyi LP China 60% 149 154 0 77 77 381 Tianjin Xingsheng Energy Development Co., Ltd. China 100% 0 0 0 -2 -2 -2 Zhenjiang Ruichengda New Energy Co., Ltd. China 100% 93 0 0 0 0 93 Dongguan Jiehuang New Energy Technology Co., Ltd. China 100% 612 0 0 -1 -1 610 Tianjin Xingrun Energy Development Co., Ltd. China 100% 0 0 0 0 0 0 Wuxi Lingzhong New Energy Technology Co., Ltd. China 100% 1,023 0 0 0 0 1,023 Suzhou Xingyi Energy Engineering Co., Ltd. China 100% 193 0 0 -2 -2 191 Suzhou Liansong New Energy Technology Co., Ltd. China 100% 0 0 0 0 0 0 Chongqing Xingzhi New Energy Technology Co., Ltd. China 100% 0 0 0 0 0 0

Annual report 2022 Individual annual accounts 092 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Solar Barra I, S.A. Brasil 100% 0 0 0 0 0 0 Solar Barra II, S.A. Brasil 100% 0 0 0 0 0 0 Solar Barra III, S.A. Brasil 100% 0 0 0 0 0 0 Solar Barra IV, S.A. Brasil 100% 0 0 0 0 0 0 Central Eólica Borborema I, S.A. Brasil 100% 0 0 0 -2 -2 -2 Central Eólica Borborema II, S.A. Brasil 100% 0 0 0 -2 -2 -2 Central Eólica Borborema III, S.A. Brasil 100% 0 0 0 -2 -2 -2 Central Eólica Borborema IV, S.A. Brasil 100% 0 0 0 -2 -2 -2 Central Eólica Itaúna I, S.A. Brasil 100% 0 0 0 0 0 0 Central Eólica Itaúna II, S.A. Brasil 100% 0 0 0 0 0 0 Central Eólica São Domingos I, S.A. Brasil 100% 0 0 0 0 0 0 Central Eólica São Domingos II, S.A. Brasil 100% 0 0 0 0 0 0 Central Eólica São Domingos III, S.A. Brasil 100% 0 0 0 0 0 0 Eólica Barra I, S.A. Brasil 100% 0 0 0 0 0 0 Eólica Barra II, S.A. Brasil 100% 0 0 0 0 0 0 Eólica Barra III, S.A. Brasil 100% 0 0 0 0 0 0 Eólica Barra IV, S.A. Brasil 100% 0 0 0 0 0 0 Eólica Barra V, S.A. Brasil 100% 0 0 0 0 0 0 Eólica Barra VI, S.A. Brasil 100% 0 0 0 0 0 0 Eólica Barra VII, S.A. Brasil 100% 0 0 0 0 0 0 Eólica Barra VIII, S.A. Brasil 100% 0 0 0 0 0 0 Eólica Barra IX, S.A. Brasil 100% 0 0 0 0 0 0 Eólica Barra X, S.A. Brasil 100% 0 0 0 0 0 0 Eólica Barra XI, S.A. Brasil 100% 0 0 0 0 0 0 EDPRNA DG Illinois Development LLC USA 85% 45 0 0 -113 -113 -68

Annual report 2022 Individual annual accounts 093 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL EDPRNA DG Wisconsin Development LLC USA 85% 56 0 0 -64 -64 -8 EDPRNA DG New York Development LLC USA 85% 17 0 0 -149 -149 -131 EDPRNA DG Mississippi Development LLC USA 85% 42 0 0 -77 -77 -35 EDPR NA DG Missouri Development LLC USA 85% 13 0 0 -17 -17 -5 EDPRNA DG Ohio Development LLC USA 85% 176 0 0 -314 -314 -138 EDPRNA DG Texas Development LLC USA 85% 32 0 0 -51 -51 -19 EDPRNA DG Georgia Development LLC USA 85% 9 0 0 -15 -15 -5 EDPRNA DG California Development LLC USA 85% 0 0 0 0 0 0 EDPRNA DG Indiana Development LLC USA 85% 0 0 0 0 0 0 EDPRNA DG Pennsylvania Development LLC USA 85% 0 0 0 -3 -3 -3 EDPRNA DG Michigan Development LLC USA 85% 0 0 0 0 0 0 EDPRNA DG Maryland Development LLC USA 85% 0 0 0 0 0 0 EDPR NA DG Virginia Development LLC USA 85% 0 0 0 0 0 0 Generate USF McClellan LLC USA 85% 0 0 0 0 0 0 Generate USF Manassas LLC USA 85% 0 0 0 0 0 0 Generate USF Las Vegas LLC USA 85% 0 0 0 0 0 0 Generate USF N Las Vegas LLC USA 85% 0 0 0 0 0 0 EDPR NA DG Holding LLC USA 100% n.a. Photovoltaic energy production 72,302 -1 0 -53 -53 72,248

Annual report 2022 Individual annual accounts 094 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Soteria Solar Services LLC USA 85% n.a. Photovoltaic energy production 4,039 -248 0 -188 -188 3,604 EDPRNA DG O&M Services LLC USA 85% n.a. Photovoltaic energy production 6 0 0 -7 -7 -1 C2 Alpha Holdings LLC USA 85% n.a. Photovoltaic energy production 72 0 0 -72 -72 0 EDPRNA DG MA Managing Member LLC USA 85% n.a. Photovoltaic energy production 19,411 0 0 -1 -1 19,410 Smart Sunscribe LLC USA 85% n.a. Photovoltaic energy production 1 0 0 -1 -1 0 2021 DG CA Agora Ventures I LLC USA 85% n.a. Photovoltaic energy production 727 0 0 -7 -7 719 C2 WM Phase 3 Sponsor LLC USA 85% n.a. Photovoltaic energy production 2 0 0 -1 -1 1 C2 WM Phase 3 Holdings LLC USA 85% n.a. Photovoltaic energy production 1 0 0 -1 -1 0 EDPRNA DG Lessee Holdings LLC USA 85% n.a. Photovoltaic energy production 1 0 0 -1 -1 0 C2 NY Brookhaven LLC USA 85% n.a. Photovoltaic energy production 7,426 -35 0 -563 -563 6,828 EDPRNA DG CI Sponsor 2 LLC USA 85% n.a. Photovoltaic energy production 2 0 0 -1 -1 1 C2 CI Holdings 2 LLC USA 85% n.a. Photovoltaic energy production 1 0 0 -1 -1 0 EDPRNA DG WM 2020 Parent LLC USA 85% n.a. Photovoltaic energy production 2 0 0 0 0 1 C2 WM 2020 Holdings LLC USA 85% n.a. Photovoltaic energy production 1 0 0 -1 -1 0 NY CSG 2 Sponsor LLC USA 85% DHG Photovoltaic energy production 6,472 -6 0 -1 -1 6,465 NY CSG 2 Holdings LLC USA 85% n.a. Photovoltaic energy production 6,465 5,528 0 -113 -113 11,880 East River Solar LLC USA 85% n.a. Photovoltaic energy production 5,647 -69 0 -63 -63 5,515 Cortland-Virgil Road Solar LLC USA 85% n.a. Photovoltaic energy production 6,448 -446 0 -186 -186 5,816 Lime Hollow Solar LLC USA 85% n.a. Photovoltaic energy production 6,535 -528 0 -88 -88 5,918 McLean Solar 1 LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 McLean Solar 2 LLC USA 85% n.a. Photovoltaic energy production 6,143 -431 0 -17 -17 5,695

Annual report 2022 Individual annual accounts 095 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Route 13 Solar LLC USA 85% n.a. Photovoltaic energy production 6,751 -439 0 -281 -281 6,030 EDPRNA DG CT Fund 1 MM LLC USA 85% DHG Photovoltaic energy production 17,926 -678 3,292 -593 -593 19,947 C2 CT Fund 1 Holding LLC USA 85% DHG Photovoltaic energy production 32,686 13,475 0 -51 -51 46,109 C2 WM Arizona 1 LLC USA 85% n.a. Photovoltaic energy production 958 -13 0 1 1 947 C2 WM Arizona 2 LLC USA 85% n.a. Photovoltaic energy production 1,553 -17 0 -22 -22 1,514 C2 WM Arizona 3 LLC USA 85% n.a. Photovoltaic energy production 2,268 -24 0 -38 -38 2,206 C2 WM Arizona 4 LLC USA 85% n.a. Photovoltaic energy production 1,793 -26 0 -17 -17 1,749 C2 WM Arizona 5 LLC USA 85% n.a. Photovoltaic energy production 1,526 -22 0 -28 -28 1,476 C2 WM Arizona 6 LLC USA 85% n.a. Photovoltaic energy production 1,928 -22 0 -30 -30 1,875 C2 WM Arizona 7 LLC USA 85% n.a. Photovoltaic energy production 2,686 -25 0 -497 -497 2,164 C2 WM Arizona 8 LLC USA 85% n.a. Photovoltaic energy production 2,126 -23 0 -38 -38 2,065 C2 WM Arizona 9 LLC USA 85% n.a. Photovoltaic energy production 2,007 -27 0 -21 -21 1,959 C2 WM Arizona 10 LLC USA 85% n.a. Photovoltaic energy production 730 -8 0 -4 -4 719 C2 WM Laurens Leasing LLC USA 85% n.a. Photovoltaic energy production 2,159 -64 0 -59 -59 2,036 C2 WM New Jersey 1 LLC USA 85% n.a. Photovoltaic energy production 5,066 78 0 288 288 5,432 C2 RI Hopkinton LLC USA 85% n.a. Photovoltaic energy production 2,947 -3 0 -54 -54 2,890 Blissville Road LLC USA 85% n.a. Photovoltaic energy production 2,138 0 0 -29 -29 2,109 Route 149 LLC USA 85% n.a. Photovoltaic energy production 2,435 -25 0 -28 -28 2,382 Shields Drive LLC USA 85% n.a. Photovoltaic energy production 2,346 -39 0 -14 -14 2,293 Upper Road LLC USA 85% n.a. Photovoltaic energy production 2,224 -12 0 40 40 2,252 C2 Woodbury Solar LLC USA 85% n.a. Photovoltaic energy production 9,541 -20 0 5 5 9,525

Annual report 2022 Individual annual accounts 096 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL MN CSG 2 LLC USA 85% n.a. Photovoltaic energy production 9,543 -121 0 -195 -195 9,227 EDPRNA DG WM DSA Sponsor LLC USA 85% DHG Photovoltaic energy production 0 -3,329 1,594 -518 -518 -2,253 C2 Centrica MT LLC USA 85% DHG Photovoltaic energy production 3,069 12,369 0 -401 -401 15,037 C2 WM DSA Holdings LLC USA 85% n.a. Photovoltaic energy production 1,475 386 0 -247 -247 1,614 C2 WM Arizona 1549 LLC USA 85% n.a. Photovoltaic energy production 1,143 52 0 51 51 1,245 C2 WM Arizona 2112 LLC USA 85% n.a. Photovoltaic energy production 813 30 0 28 28 871 C2 WM Arizona 3360 LLC USA 85% n.a. Photovoltaic energy production 841 26 0 24 24 891 C2 WM Arizona 3465 LLC USA 85% n.a. Photovoltaic energy production 771 54 0 61 61 887 C2 WM Arizona 3799 LLC USA 85% n.a. Photovoltaic energy production 912 46 0 30 30 989 C2 WM Arizona 3833 LLC USA 85% n.a. Photovoltaic energy production 921 41 0 28 28 990 C2 WM Arizona 3861 LLC USA 85% n.a. Photovoltaic energy production 1,232 44 0 18 18 1,293 C2 WM Arizona 4451 LLC USA 85% n.a. Photovoltaic energy production 959 28 0 48 48 1,035 C2 WM California 1789 LLC USA 85% n.a. Photovoltaic energy production 644 41 0 31 31 717 C2 WM California 1988 LLC USA 85% n.a. Photovoltaic energy production 449 23 0 20 20 492 C2 WM California 4202 LLC USA 85% n.a. Photovoltaic energy production 318 2 0 6 6 327 C2 WM California 4317 LLC USA 85% n.a. Photovoltaic energy production 693 0 0 -3 -3 689 C2 WM California 5890 LLC USA 85% n.a. Photovoltaic energy production 632 10 0 5 5 647 C2 WM Illinois 253 LLC USA 85% n.a. Photovoltaic energy production 907 173 0 98 98 1,178 C2 WM Illinois 612 LLC USA 85% n.a. Photovoltaic energy production 612 -1 0 69 69 681 C2 WM Illinois 891 LLC USA 85% n.a. Photovoltaic energy production 761 163 0 115 115 1,039 C2 WM Illinois 1404 LLC USA 85% n.a. Photovoltaic energy production 799 138 0 94 94 1,031

Annual report 2022 Individual annual accounts 097 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL C2 WM Illinois 1489 LLC USA 85% n.a. Photovoltaic energy production 657 92 0 61 61 810 C2 WM Illinois 1548 LLC USA 85% n.a. Photovoltaic energy production 599 -24 0 36 36 612 C2 WM Illinois 1553 LLC USA 85% n.a. Photovoltaic energy production 633 118 0 79 79 830 C2 WM Illinois 1761 LLC USA 85% n.a. Photovoltaic energy production 735 85 0 35 35 854 C2 WM Illinois 1848 LLC USA 85% n.a. Photovoltaic energy production 557 140 0 99 99 795 C2 WM Illinois 1933 LLC USA 85% n.a. Photovoltaic energy production 635 126 0 89 89 850 C2 WM Illinois 2215 LLC USA 85% n.a. Photovoltaic energy production 703 126 0 100 100 930 C2 WM Illinois 2491 LLC USA 85% n.a. Photovoltaic energy production 805 184 0 102 102 1,091 C2 WM Illinois 5442 LLC USA 85% n.a. Photovoltaic energy production 543 81 0 54 54 679 C2 WM Louisiana 87 LLC USA 85% n.a. Photovoltaic energy production 523 8 0 7 7 537 C2 WM Louisiana 309 LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 C2 WM Louisiana 539 LLC USA 85% n.a. Photovoltaic energy production 240 -1 0 -3 -3 237 EDPRNA DG Energy Holdings Inc. USA 85% n.a. Photovoltaic energy production 46 -22 0 -24 -24 0 C2 Energy Development LLC USA 85% n.a. Photovoltaic energy production 90,540 -401 0 -1,285 -1,285 88,854 Amsterdam 3 Solar LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 C2 MN Hopkins LLC USA 85% n.a. Photovoltaic energy production 2,797 -3 0 -113 -113 2,680 C2 NC Kitty Hawk LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 C2 NJ Andover I LLC USA 85% n.a. Photovoltaic energy production 0 994 0 101 101 1,095 C2 NY Sentinel Heights Solar LLC USA 85% n.a. Photovoltaic energy production 5,259 -17 0 -4 -4 5,238 C2 OH New Lebanon LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 C2 OH Otsego I LLC USA 85% n.a. Photovoltaic energy production 3 0 0 -3 -3 0

Annual report 2022 Individual annual accounts 098 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL C2 OH Otsego II LLC USA 85% n.a. Photovoltaic energy production -8 1,428 0 -55 -55 1,366 C2 SH 2019 LLC USA 85% n.a. Photovoltaic energy production 2,247 0 0 -1 -1 2,245 EDPR NA DG MN YMCA LLC USA 85% n.a. Photovoltaic energy production 1,310 0 0 -13 -13 1,297 CA Marinwood Solar LLC USA 85% n.a. Photovoltaic energy production 364 0 0 -5 -5 359 CA Olde Thompson Solar LLC USA 85% n.a. Photovoltaic energy production 0 -376 0 13 13 -363 MidCoast C2 Solar LLC USA 85% n.a. Photovoltaic energy production 1 0 0 -1 -1 0 NY Hemlock Hills Solar LLC USA 85% n.a. Photovoltaic energy production 531 -7 0 5 5 530 NY Mines Press Solar LLC USA 85% n.a. Photovoltaic energy production 3,527 0 0 -101 -101 3,426 NY Morgan Solar LLC USA 85% n.a. Photovoltaic energy production 5,616 1 0 15 15 5,633 NY OG 1 Solar LLC USA 85% n.a. Photovoltaic energy production 1 0 0 -1 -1 0 Omega CSG 1 LLC USA 85% n.a. Photovoltaic energy production 17,089 2,080 160 -192 -192 19,137 Penn Yan Solar I LLC USA 85% n.a. Photovoltaic energy production 7,964 -285 0 222 222 7,901 RI Abrava Solar LLC USA 85% n.a. Photovoltaic energy production 5,186 -81 0 -100 -100 5,005 RI Stainless LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 Strawberry Solar Farm LLC USA 85% n.a. Photovoltaic energy production 3,254 -62 0 15 15 3,207 VT Stone Valley LLC USA 85% n.a. Photovoltaic energy production 1 0 0 -1 -1 0 C2 WM Holdings LLC USA 85% n.a. Photovoltaic energy production 43 0 0 -1 -1 42 C2 WM Arizona Holdings LLC USA 85% n.a. Photovoltaic energy production 2 0 0 -2 -2 0 C2 WM California Holdings LLC USA 85% n.a. Photovoltaic energy production 1 0 0 -1 -1 0 C2 WM Illinois Holdings LLC USA 85% n.a. Photovoltaic energy production 36 3 0 -39 -39 0 C2 WM Louisiana Holdings LLC USA 85% n.a. Photovoltaic energy production 1 2 0 -2 -2 0

Annual report 2022 Individual annual accounts 099 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL C2 WM Maryland Holdings LLC USA 85% n.a. Photovoltaic energy production 1 0 0 -1 -1 0 C2 WM New Jersey Holdings LLC USA 85% n.a. Photovoltaic energy production 1 0 0 -1 -1 0 C2 WM Regent Dev Holdings 2020 LLC USA 85% n.a. Photovoltaic energy production 1 0 0 -1 -1 0 C2 WM Arizona 1512 LLC USA 85% n.a. Photovoltaic energy production 765 0 0 -2 -2 763 C2 WM Arizona 5768 LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 C2 WM Maryland 1715 LLC USA 85% n.a. Photovoltaic energy production 861 4 0 -48 -48 817 C2 WM Maryland 2436 LLC USA 85% n.a. Photovoltaic energy production 1,104 8 0 -49 -49 1,063 C2 WM New Jersey 1807 LLC USA 85% n.a. Photovoltaic energy production 730 0 0 -1 -1 729 C2 WM New Jersey 1844 LLC USA 85% n.a. Photovoltaic energy production 728 0 0 -1 -1 727 C2 WM New Jersey 1869 LLC USA 85% n.a. Photovoltaic energy production 729 0 0 -1 -1 728 C2 WM New Jersey 1977 LLC USA 85% n.a. Photovoltaic energy production 723 0 0 -1 -1 721 C2 WM New Jersey 2195 LLC USA 85% n.a. Photovoltaic energy production 990 4 0 -15 -15 980 C2 WM New Jersey 3795 LLC USA 85% n.a. Photovoltaic energy production 1,205 0 0 26 26 1,231 EDPRNA DG Rho LLC USA 85% DHG Photovoltaic energy production 37,825 2,290 0 3,620 3,620 43,734 C2-REA Solar LLC USA 85% n.a. Photovoltaic energy production 9,169 -3 0 -1 -1 9,165 C2 CA 2016 Holdings LLC USA 85% n.a. Photovoltaic energy production 1,431 150 0 -155 -155 1,427 REA-C2 2016 Lessee LLC USA 85% n.a. Photovoltaic energy production 7,561 253 0 -725 -725 7,089 Camden PV Solar LLC USA 85% n.a. Photovoltaic energy production 7,104 -845 0 400 400 6,659 C2 MA Managing Member II LLC USA 85% n.a. Photovoltaic energy production 2,750 1 0 -1 -1 2,749 C2 MA FKW Holdings LLC USA 85% n.a. Photovoltaic energy production 2,749 -103 0 -225 -225 2,421 RevEnergy C2 Franklin LLC USA 85% n.a. Photovoltaic energy production 1,647 -35 0 180 180 1,792

Annual report 2022 Individual annual accounts 100 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL C2 MA Kelly Way Solar LLC USA 85% n.a. Photovoltaic energy production 1,103 -38 0 135 135 1,200 C2 MA Lakeville Sponsor LLC USA 85% n.a. Photovoltaic energy production 7,587 0 0 -5 -5 7,582 C2 MA Lakeville Holdings LLC USA 85% n.a. Photovoltaic energy production 7,582 558 0 -404 -404 7,736 C2 MA Lakeville LLC USA 85% n.a. Photovoltaic energy production 7,776 -183 0 667 667 8,260 C2 MA DEPCOM Sponsor LLC USA 85% n.a. Photovoltaic energy production 3,910 0 0 -1 -1 3,909 C2 MA DEPCOM 2017 LLC USA 85% DHG Photovoltaic energy production 3,909 1,407 0 -902 -902 4,413 C2 MA Adams II LLC USA 85% n.a. Photovoltaic energy production 1,503 -22 0 354 354 1,835 C2 MA New Salem LLC USA 85% n.a. Photovoltaic energy production 1,172 32 0 213 213 1,417 C2 MA Dudley II LLC USA 85% n.a. Photovoltaic energy production 1,354 -171 0 14 14 1,197 Norton Solar I LLC USA 85% n.a. Photovoltaic energy production 1,428 225 0 183 183 1,836 Norton Solar II LLC USA 85% n.a. Photovoltaic energy production 1,535 55 0 234 234 1,824 C2 Starratt Sponsor LLC USA 85% n.a. Photovoltaic energy production 18,144 0 0 -1 -1 18,142 C2 CB 2017 Holdings LLC USA 85% n.a. Photovoltaic energy production 18,142 419 0 -428 -428 18,133 C2 Scripps 1 LLC USA 85% n.a. Photovoltaic energy production 1,442 -96 0 -110 -110 1,236 C2 Scripps 3 LLC USA 85% n.a. Photovoltaic energy production 956 -50 0 -49 -49 858 C2 Scripps 4 LLC USA 85% n.a. Photovoltaic energy production 1,412 -51 0 -50 -50 1,311 C2 Starratt Solar LLC USA 85% n.a. Photovoltaic energy production 13,385 -327 0 -282 -282 12,776 C2 WM Greenwood Leasing LLC USA 85% n.a. Photovoltaic energy production 369 5 0 -34 -34 341 C2 WM Powdersville Leasing LLC USA 85% n.a. Photovoltaic energy production 624 -17 0 -56 -56 552 C2 WM Simpsonville Leasing LLC USA 85% n.a. Photovoltaic energy production 748 -2 0 -78 -78 668 C2 MA Owner LLC USA 85% n.a. Photovoltaic energy production 19,410 519 0 -521 -521 19,407

Annual report 2022 Individual annual accounts 101 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL C2 MA Adams I Holdings LLC USA 85% n.a. Photovoltaic energy production 10,840 201 0 -974 -974 10,066 C2 MA Adams I LLC USA 85% n.a. Photovoltaic energy production 10,055 -662 0 628 628 10,021 C2 MA Swansea Holdings LLC USA 85% n.a. Photovoltaic energy production 6,308 107 0 -980 -980 5,436 C2 MA Swansea LLC USA 85% n.a. Photovoltaic energy production 6,047 -21 0 929 929 6,955 C2 MA 2016 Holdings LLC USA 85% n.a. Photovoltaic energy production 1,828 17 0 -178 -178 1,667 RS Holyoke 3 LLC USA 85% n.a. Photovoltaic energy production 1,666 -101 0 120 120 1,686 C2 Franklin LLC USA 85% n.a. Photovoltaic energy production 3,238 -5 0 -1 -1 3,231 C2 Gamma Holdings LLC USA 85% n.a. Photovoltaic energy production 3,236 -76 0 -59 -59 3,101 C2 Morin LLC USA 85% n.a. Photovoltaic energy production 1,676 -106 0 -45 -45 1,525 SLX Project 1080 LLC USA 85% n.a. Photovoltaic energy production 1,425 77 0 57 57 1,558 C2 WM Leasing LLC USA 85% n.a. Photovoltaic energy production 1,732 0 0 -2 -2 1,730 C2 WM Phase I Holdings LLC USA 85% n.a. Photovoltaic energy production 1,668 32 0 -98 -98 1,603 C2 WM Chester Leasing LLC USA 85% n.a. Photovoltaic energy production 275 -19 0 -28 -28 229 C2 WM Indian Land Leasing LLC USA 85% n.a. Photovoltaic energy production 550 -37 0 -50 -50 463 C2 WM Lake Wylie Leasing LLC USA 85% n.a. Photovoltaic energy production 564 -35 0 -54 -54 476 C2 WM Pickens Leasing LLC USA 85% n.a. Photovoltaic energy production 219 13 0 -33 -33 199 C2 Bristol I LLC USA 85% n.a. Photovoltaic energy production 5,663 -10 0 -11 -11 5,642 C2 CA WMS Redlands #1693 LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 C2 IL WMS Bloomington #3459 LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 C2 IL WMS Skokie #1998 LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 2021 DG Apollo Sol II LLC USA 85% n.a. Photovoltaic energy production 7 0 0 0 0 7

Annual report 2022 Individual annual accounts 102 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL 2021 DG Apollo Ventures II LLC USA 85% n.a. Photovoltaic energy production -9 0 0 0 0 -10 RI Sposato Solar LLC USA 85% n.a. Photovoltaic energy production 134 0 0 -11 -11 123 C2 Bristol II LLC USA 85% n.a. Photovoltaic energy production 1,262 0 0 -23 -23 1,239 C2 Omega Holding Company LLC USA 85% n.a. Photovoltaic energy production 12 -8 0 -8 -8 -3 C2 WM California 2039 LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 C2 WM California 5884 LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 Camden PV PSEG Solar LLC USA 85% n.a. Photovoltaic energy production 109 -63 0 -1 -1 45 EDPR NA DG MN SLP LLC USA 85% n.a. Photovoltaic energy production 1 0 0 -1 -1 0 ME Dover Foxcroft Solar LLC USA 85% n.a. Photovoltaic energy production 566 -1 0 -1 -1 564 ME Ellsworth Solar LLC USA 85% n.a. Photovoltaic energy production 822 -1 0 -1 -1 819 ME Rocky Hill Solar LLC USA 85% n.a. Photovoltaic energy production 142 0 0 -1 -1 140 ME Sandy Hill Solar LLC USA 85% n.a. Photovoltaic energy production 173 0 0 -1 -1 171 NH Hinsdale Solar LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 New Scotland 5 Solar LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 CA Gettysburg Solar Farm LLC USA 85% n.a. Photovoltaic energy production 6,573 0 0 -22 -22 6,551 CA Syracuse Solar LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 CA Tours Solar LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 2021 DG CA Apollo Sol II LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 2021 DG CA Apollo Ventures II LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 2021 DG Agora Sol I LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 NC Loy Farm Solar LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0

Annual report 2022 Individual annual accounts 103 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL NV Solar Sparks LLC USA 85% n.a. Photovoltaic energy production 139 0 0 -36 -36 104 RSBF Jeffco II LLC USA 85% n.a. Photovoltaic energy production 2,196 -3 0 -10 -10 2,183 2021 DG Agora Ventures I LLC USA 85% n.a. Photovoltaic energy production 17,456 -40 0 311 311 17,727 2021 DG CA Agora Sol I LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 2021 DG Agora Holdings LLC USA 85% n.a. Photovoltaic energy production 17,456 0 0 0 0 17,456 DC- JD Portfolio - 818 Michigan USA 85% n.a. Photovoltaic energy production 4 -3 0 -1 -1 -1 DC- JD Portfolio - Barrel Roof USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 EDPR NA Distributed Generation LLC USA 85% DHG Photovoltaic energy production 38,340 51,357 0 -16,919 -16,919 72,778 DC- JD Portfolio - Flat Roof USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 ME New Vineyard Solar LLC USA 85% n.a. Photovoltaic energy production 240 0 0 -6 -6 234 DC- JD Portfolio - Green Roof USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 DC- JD Portfolio - Parking Deck USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 Creed Road Solar 1 LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 German Community Solar LLC USA 85% n.a. Photovoltaic energy production 9,642 -87 0 36 36 9,590 Gilpatrick Solar LLC USA 85% n.a. Photovoltaic energy production 838 0 0 0 0 837 North Coast Highway Solar 1 LLC USA 85% n.a. Photovoltaic energy production 175 0 0 0 0 175 North Coast Highway Solar 2 LLC USA 85% n.a. Photovoltaic energy production 185 0 0 0 0 185 Piscataquis Valley Solar LLC USA 85% n.a. Photovoltaic energy production 587 0 0 0 0 586 Potsdam Community Solar LLC USA 85% n.a. Photovoltaic energy production 7,279 -20 0 19 19 7,278 2021 DG CA Agora Holdings LLC USA 85% n.a. Photovoltaic energy production 739 0 0 -2 -2 738 RI- Moo Cow USA 85% n.a. Photovoltaic energy production 3,839 4 0 -3 -3 3,840

Annual report 2022 Individual annual accounts 104 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL EDPRNA DG WM Illinois 1998 LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 SC Heathwood Hall Solar LLC USA 85% n.a. Photovoltaic energy production 10 0 0 -10 -10 0 SC Southern Wesleyan Solar LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 VA- Green Acres USA 85% n.a. Photovoltaic energy production 9 0 0 -9 -9 0 SC Beaufort Jasper Solar LLC USA 85% n.a. Photovoltaic energy production 10 -2 0 -9 -9 -1 EDPRNA DG WM Illinois 3459 LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 MT Plentywood Solar I LLC USA 85% n.a. Photovoltaic energy production 6 0 0 -6 -6 0 MT Plentywood Solar II LLC USA 85% n.a. Photovoltaic energy production 4 0 0 -4 -4 0 ND Crystal Solar I LLC USA 85% n.a. Photovoltaic energy production 1 0 0 -1 -1 0 DC Green Solar LLC USA 85% n.a. Photovoltaic energy production 3 0 0 -3 -3 0 DC PD Solar LLC USA 85% n.a. Photovoltaic energy production 5 0 0 -5 -5 0 Morgan Road Solar West LLC USA 85% n.a. Photovoltaic energy production 2,704 -24 0 17 17 2,697 Morgan Road Solar East LLC USA 85% n.a. Photovoltaic energy production 2,932 -24 0 17 17 2,925 NY Gomer SAS LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 NY Broadway SAS LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 NY Highland SAS LLC USA 85% n.a. Photovoltaic energy production 0 0 0 0 0 0 Mohave Power LLC USA 85% n.a. Photovoltaic energy production 28,380 0 0 -501 -501 27,879 RI Quarry Solar LLC USA 85% n.a. Photovoltaic energy production 265 0 0 -2 -2 263 EDPRNA Bar Harbor Holdings LLC USA 85% n.a. Photovoltaic energy production 1,412 0 0 0 0 1,412 Bar Harbor Community Solar LLC USA 85% 1,418 0 0 -4 -4 1,413 Mohave Power Holdings LLC USA 85% 27,907 0 0 0 0 27,907

Annual report 2022 Individual annual accounts 105 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL EDPRNA DG PR Radar LLC USA 85% 0 0 0 0 0 0 EDPRNA DG Distributed Sun Holding LLC USA 85% 7,279 0 0 0 0 7,279 EDPRNA DG York County Sun LLC USA 85% 0 0 0 0 0 0 Generate USF Loveland LLC USA 85% 0 0 0 -38 -38 -38 Generate USF Fairburn LLC USA 85% 0 0 0 0 0 0 Generate USF Phoenix LLC USA 85% 0 0 0 0 0 0 Citizens Dickenson Solar LLC USA 85% 5 0 0 0 0 5 Citizens Westmoreland Solar LLC USA 85% 5 0 0 0 0 5 Tillman Storage LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Black Prairie Storage LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Black Prairie Storage II LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 EDPR Solar Ventures VI LLC USA 100% 0 0 0 0 0 0 2022 SOL VI LLC USA 100% 0 0 0 -1 -1 -1 EDPR Solar Ventures VII LLC USA 100% 0 0 0 -10 -10 -10 2022 SOL VII LLC USA 100% 1 0 0 -2 -2 -1 EDPR RS LLC USA 100% n.a. Wind energy production 0 0 0 0 0 0 Pearl River Solar Park LLC USA 100% n.a. Photovoltaic energy production 36,252 -1 0 0 0 36,251 Sugar Plum Solar Park LLC USA 100% 0 0 0 0 0 0 EDPR NA Greenfield Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Sailor Springs Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 10 Point Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Black Prairie Solar Park II LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Rock Dane Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Sawmill Junction Solar Park LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0

Annual report 2022 Individual annual accounts 106 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Cattlemen Solar Park II LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 Crooked Lake Solar LLC USA 100% n.a. Photovoltaic energy production 26,728 0 0 -186 -186 26,542 Clover Creek Solar Project LLC USA 100% n.a. Photovoltaic energy production 2 0 0 -25 -25 -23 Wolf Run Solar LLC USA 100% n.a. Photovoltaic energy production 0 0 0 0 0 0 EDPR Scarlet II LLC USA 100% 19,796 0 0 -44 -44 19,752 Clover Creek Solar Project II LLC USA 100% 0 0 0 0 0 0 Hickory Solar LLC USA 100% 195 0 0 -2 -2 193 EDPR Scarlet I LLC USA 100% 0 0 0 0 0 0 EDPR Scarlet III LLC USA 100% 0 0 0 0 0 0 Crooked Lake Solar II LLC USA 100% 0 0 0 0 0 0 Cypress Knee Solar Park LLC USA 100% 0 0 0 0 0 0 Eagle Creek Solar Park LLC USA 100% 0 0 0 0 0 0 Rose Run Solar Park LLC USA 100% 0 0 0 0 0 0 Salt Lick Solar Park LLC USA 100% 0 0 0 0 0 0 Lotus Blocker LLC USA 100% 0 0 0 0 0 0 Lotus DevCo I LLC USA 100% 2 0 0 -2 -2 0 Lotus DevCo II LLC USA 100% 3 0 0 -3 -3 0 Big River Solar Park LLC USA 100% 0 0 0 0 0 0 Shy Place Solar Park LLC USA 100% 0 0 0 0 0 0 Ragsdale Solar LLC USA 100% 0 0 0 -3 -3 -2 EDPR Wind Ventures XXIII LLC USA 100% n.a. Wind energy production 110,383 0 0 7,101 7,101 117,485 2021 Vento XXIII LLC USA 100% PwC Wind energy production 242,932 0 0 -110 -110 242,822 EDPR Vento II Holding LLC USA 100% 0 0 0 0 0 0 EDPR Vento III Holding LLC USA 100% 0 0 0 0 0 0 Longroad DG Portfolio I LLC USA 85% -5 0 0 0 0 -5 MMA Renewable USA 85% 8,605 0 0 2 2 8,607

Annual report 2022 Individual annual accounts 107 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Ventures Solar Fund III LLC Renewable Ventures Solar Fund V GP LLC USA 85% 18,262 0 0 0 0 18,262 Longroad Fund III Holdings LLC USA 85% -1,460 0 0 0 0 -1,460 EDPRNA DG XII Holdings LLC USA 85% 28,798 0 0 0 0 28,798 EDPRNA DG Solar WF Portfolio LLC USA 85% -10,008 0 0 0 0 -10,008 EDPRNA DG Solar Portfolio IV LLC USA 85% -1,026 0 0 0 0 -1,026 SunE Solar VI LLC USA 85% 1,746 0 0 0 0 1,746 Renewable Ventures Solar Fund V LLC USA 85% 18,262 0 0 0 0 18,262 MMA Solar Fund III GP Sub USA 85% 0 0 0 0 0 0 Renewable Ventures V Equity Holdings LLC USA 85% 18,292 0 0 -30 -30 18,262 Renewable Ventures V GP Holdings LLC USA 85% 0 0 0 0 0 0 Longroad Solar Fund III LLC USA 85% -1,460 0 0 0 0 -1,460 SunE Solar XII LLC USA 85% 28,798 0 0 0 0 28,798 SunE Solar III LLC USA 85% -10,006 0 0 -2 -2 -10,009 SunE Solar IV LLC USA 85% -1,026 0 0 -3 -3 -1,030 Longroad SD LLC USA 85% 0 0 0 0 0 0 Longroad ASD1 LLC USA 85% 0 0 0 0 0 0 Longroad CPA CDC1 LLC USA 85% 0 0 0 0 0 0 Longroad CPA CSU3 LLC USA 85% 0 0 0 0 0 0 Longroad CPA CSU4 LLC USA 85% 0 0 0 0 0 0 Longroad SIT1 Hoboken LLC USA 85% 0 0 0 0 0 0 Longroad ST6 Stockton LLC USA 85% 0 0 0 0 0 0 Longroad WF7 Cheshire LLC USA 85% 0 0 0 0 0 0 Longroad WGNJ1 LLC USA 85% 0 0 0 0 0 0 Longroad WGNJ2 LLC USA 85% 0 0 0 0 0 0 MMA Rita Power LLC USA 85% 402 0 0 21 21 422

Annual report 2022 Individual annual accounts 108 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL MMA DAS Power LP USA 85% 891 0 0 19 19 910 MMA LHIW Power LP USA 85% 216 0 0 7 7 222 MMA CCC Power LP USA 85% 143 0 0 4 4 147 MMA Belmar Power LP USA 85% 630 0 0 24 24 654 MMA WBF Power LP USA 85% 1,098 0 0 26 26 1,124 MMA SROSA Power LP USA 85% 470 0 0 11 11 481 MMA Mission Bay Power LP USA 85% 147 0 0 17 17 164 MMA MDS Power I LP USA 85% 527 0 0 5 5 533 MMA MDS Power II LP USA 85% 1,601 0 0 14 14 1,615 MMA MDS Power IV LP USA 85% 406 0 0 27 27 433 MMA GDC Power LP USA 85% 682 0 0 32 32 714 MMA BWS Power LP USA 85% 294 0 0 25 25 319 MMA Happy Valley Power LP USA 85% 153 0 0 18 18 171 MMA RMS Power LP USA 85% 483 0 0 24 24 507 MMA Fresno Power LP USA 85% 539 0 0 34 34 573 RV CSU Power LLC USA 85% 4,630 0 0 374 374 5,004 FRV CSU Power II LLC USA 85% 8,928 0 0 275 275 9,204 FRV SI Transport Solar LP USA 85% 4,704 0 0 -3 -3 4,701 SunE WF3-WG Holdings LLC USA 85% 0 0 0 0 0 0 SunE WF3 KHL A Holdings LLC USA 85% 0 0 0 0 0 0 SunE WF3 KHL B Holdings LLC USA 85% 0 0 0 0 0 0 SunE WF3-ST Holdings LLC USA 85% 0 0 0 0 0 0 SunE WF3- Broomfield Holdings LLC USA 85% 0 0 0 0 0 0 SunE WF3- BART Holdings LLC USA 85% 0 0 0 0 0 0 SunE Bristow MS LLC USA 85% 0 0 0 0 0 0 SunE CPA CDC2 LLC USA 85% 0 0 0 0 0 0 SunE SR1 NREL LLC USA 85% 0 0 0 0 0 0

Annual report 2022 Individual annual accounts 109 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL SunE SR1 Arvada5 LLC USA 85% 0 0 0 0 0 0 SunE Lakeland Center LLC USA 85% 0 0 0 0 0 0 SunE NC Progress1 LLC USA 85% 0 0 0 0 0 0 SunE Fairfield SSD LLC USA 85% 0 0 0 0 0 0 SunE PD Sycamore LLC USA 85% 0 0 0 0 0 0 SunE PD Willow LLC USA 85% 0 0 0 0 0 0 SunE PD Oak LLC USA 85% 0 0 0 0 0 0 SunE Multnomah JBY LLC USA 85% 0 0 0 0 0 0 SunE Multnomah JJC LLC USA 85% 0 0 0 0 0 0 SunE MCPS Clarksburg LLC USA 85% 0 0 0 0 0 0 SunE MCPS Gardens LLC USA 85% 0 0 0 0 0 0 SunE MCPS Montgomery LLC USA 85% 0 0 0 0 0 0 SunE MCPS Lakelands LLC USA 85% 0 0 0 0 0 0 SunE MCPS Parkland LLC USA 85% 0 0 0 0 0 0 SunE MCPS Quince Orchard LLC USA 85% 0 0 0 0 0 0 SunE MCPS FSK LLC USA 85% 0 0 0 0 0 0 SunE MCPS Shriver LLC USA 85% 0 0 0 0 0 0 SunE NLB-2 LLC USA 85% 0 0 0 0 0 0 SunE PNMC Roof LLC USA 85% 0 0 0 0 0 0 SunE W12DG-A LLC USA 85% 8,838 0 0 108 108 8,946 SunE W12DG-B LLC USA 85% 6,159 0 0 82 82 6,241 SunE W12DG-C LLC USA 85% 9,906 0 0 243 243 10,149 SunE WMT PR2 LLC USA 85% 1,370 0 0 -4 -4 1,367 SunE H3 Holdings LLC USA 85% 2,739 0 0 447 447 3,186 SunE CPA CSU5 LLC USA 85% 90 0 0 18 18 108 SunE CPA CTS1 LLC USA 85% 202 0 0 0 0 203 SunE SR1 Rifle PS LLC USA 85% 195 0 0 103 103 298

Annual report 2022 Individual annual accounts 110 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL SunE H4 Holdings LLC USA 85% 1,810 0 0 -128 -128 1,682 SunE U6 Holdings LLC USA 85% 1,759 0 0 -18 -18 1,741 SunE W12DG-D LLC USA 85% 2,563 0 0 86 86 2,649 Bear Peak Beccaria LLC USA 85% 0 0 0 0 0 0 Bear Peak Brady LLC USA 85% 0 0 0 0 0 0 Bear Peak East Carroll LLC USA 85% 0 0 0 0 0 0 Bear Peak Glen Hope LLC USA 85% 0 0 0 0 0 0 Bear Peak Jennerstown LLC USA 85% 0 0 0 0 0 0 Bear Peak Juniata LLC USA 85% 0 0 0 0 0 0 Bear Peak Paint II LLC USA 85% 0 0 0 0 0 0 Bear Peak Richmond LLC USA 85% 0 0 0 0 0 0 HB Steel Community Solar LLC USA 85% 421 0 0 0 0 421 Kronos Projektgesellsch aft mbH Germany 70% 25 0 0 -6 -6 19 Kronos Solar Projects GmbH Germany 70% 28 63,967 0 -438 -438 63,556 Kronos Solar Projects France UG Germany 85% 1 1,761 0 -22 -22 1,740 KSD 11 UG Germany 100% 1 -21 0 -3 -3 -23 KSD 12 UG Germany 100% 1 -9 0 -4 -4 -12 KSD 13 UG Germany 100% 1 -11 0 -3 -3 -13 KSD 14 UG Germany 100% 1 -8 0 -5 -5 -12 KSD 15 UG Germany 100% 1 -7 0 -3 -3 -8 KSD 16 UG Germany 100% 1 -5 0 -2 -2 -6 KSD 17 UG Germany 100% 1 -5 0 -4 -4 -8 KSD 18 UG Germany 100% 1 -4 0 -2 -2 -6 KSD 19 UG Germany 100% 1 -5 0 -2 -2 -6 KSD 21 UG Germany 100% 1 -5 0 -2 -2 -6 KSD 22 UG Germany 100% 1 -4 0 -2 -2 -6 KSD 23 UG Germany 100% 1 -4 0 -5 -5 -8 KSD 24 UG Germany 100% 1 -4 0 -2 -2 -6 KSD 25 UG Germany 100% 1 -5 0 -2 -2 -7 KSD 26 UG Germany 100% 1 -2 0 -2 -2 -3 KSD 27 UG Germany 100% 1 -2 0 -2 -2 -3 KSD 28 UG Germany 100% 1 -2 0 -2 -2 -3 KSD 29 UG Germany 100% 1 -2 0 -2 -2 -3 KSD 30 UG Germany 100% 1 -2 0 -2 -2 -3

Annual report 2022 Individual annual accounts 111 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL KSD 31 UG Germany 100% 1 -2 0 -2 -2 -3 KSD 32 UG Germany 100% 1 -2 0 -2 -2 -3 KSD 33 UG Germany 100% 1 -2 0 -2 -2 -3 KSD 34 UG Germany 100% 1 -2 0 -2 -2 -3 KSD 35 UG Germany 100% 1 -2 0 -2 -2 -3 KSD 36 UG Germany 100% 1 -2 0 -2 -2 -3 KSD 37 UG Germany 100% 1 -2 0 -2 -2 -3 KSD 38 UG Germany 100% 1 -2 0 -2 -2 -3 KSD 39 UG Germany 100% 1 -2 0 -2 -2 -3 KSD 40 UG Germany 100% 1 -2 0 -2 -2 -3 Kronos Solar Projects NL, B.V. NL 100% 5 30 0 6 6 41 KS NL3, B.V. NL 100% 0 -15 0 -29 -29 -43 KS NL6, B.V. NL 100% 0 -13 0 -2 -2 -15 KS NL8, B.V. NL 100% 0 -23 0 -6 -6 -29 KS NL10, B.V. NL 100% 0 -7 0 -2 -2 -8 KS NL12, B.V. NL 100% 0 -6 0 -1 -1 -8 KS NL13, B.V. NL 100% 0 -34 0 -3 -3 -37 KS NL14, B.V. NL 100% 0 -42 0 -6 -6 -47 KS NL16, B.V. NL 100% 0 -3 0 -1 -1 -4 KS NL17, B.V. NL 100% 0 -26 0 -11 -11 -37 KS NL20, B.V. NL 100% 0 -6 0 -2 -2 -8 KS NL23, B.V. NL 100% 0 -35 0 -3 -3 -38 KS NL24, B.V. NL 100% 0 -3 0 -2 -2 -4 KS NL25, B.V. NL 100% 0 -4 0 -3 -3 -7 KS NL27, B.V. NL 100% 0 -43 0 -14 -14 -57 KS NL28, B.V. NL 100% 0 -31 0 -5 -5 -36 KS NL29, B.V. NL 100% 0 -9 0 -4 -4 -13 KS NL30, B.V. NL 100% 0 -8 0 -2 -2 -10 KS NL31, B.V. NL 100% 0 -10 0 -2 -2 -11 KS NL32, B.V. NL 100% 0 -53 0 -12 -12 -65 KS NL33, B.V. NL 100% 0 -25 0 -2 -2 -27 KS NL34, B.V. NL 100% 0 -54 0 -11 -11 -65 KS NL35, B.V. NL 100% 0 -13 0 -2 -2 -15 KS NL36, B.V. NL 100% 0 -9 0 -1 -1 -10 KS NL37, B.V. NL 100% 0 -15 0 -1 -1 -17 KS NL38, B.V. NL 100% 0 -5 0 -2 -2 -7 KS NL39, B.V. NL 100% 0 -7 0 -1 -1 -8 KS NL40, B.V. NL 100% 0 -4 0 -2 -2 -6 KS NL41, B.V. NL 100% 0 -6 0 -4 -4 -10 KS NL42, B.V. NL 100% 0 -3 0 -2 -2 -5 KS NL43, B.V. NL 100% 0 -11 0 -2 -2 -13 KS NL44, B.V. NL 100% 0 -6 0 -2 -2 -8 KS NL45, B.V. NL 100% 0 -15 0 -2 -2 -16 KS NL46, B.V. NL 100% 0 -6 0 -2 -2 -8

Annual report 2022 Individual annual accounts 112 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL KS NL47, B.V. NL 100% 0 -4 0 -2 -2 -6 KS NL48, B.V. NL 100% 0 -2 0 -3 -3 -6 KS NL49, B.V. NL 100% 0 -3 0 -2 -2 -5 KS NL50, B.V. NL 100% 0 -14 0 -1 -1 -16 KS SPV 36 Limited UK 100% 0 16 0 4 4 20 KS SPV 46 Limited UK 100% 0 -20 0 -6 -6 -26 KS SPV 65 Limited UK 100% 0 -8 0 -14 -14 -22 KS SPV 69 Limited UK 100% 0 -1 0 -6 -6 -7 KS SPV 70 Limited UK 100% 0 -2 0 -20 -20 -22 KS SPV 71 Limited UK 100% 0 -1 0 -15 -15 -16 KS SPV 72 Limited UK 100% 0 0 0 -10 -10 -10 KS SPV 73 Limited UK 100% 0 0 0 -6 -6 -6 KS SPV 74 Limited UK 100% 0 0 0 -6 -6 -6 KS SPV 75 Limited UK 100% 0 0 0 -9 -9 -9 KS SPV 76 Limited UK 100% 0 0 0 -5 -5 -5 KS SPV 77 Limited UK 100% 0 0 0 -5 -5 -5 KS SPV 78 Limited UK 100% 0 0 0 -5 -5 -5 KS SPV 79 Limited UK 100% 0 0 0 -5 -5 -5 KS SPV 80 Limited UK 100% 0 0 0 -5 -5 -5 Kronos Solar France, S.A.S. France 100% 20 97 0 -31 -31 86 Fransol 11, S.A.S. France 85% 0 -10 0 -1 -1 -11 Fransol 12, S.A.S. France 85% 0 -15 0 -9 -9 -24 Fransol 13, S.A.S. France 85% 0 -19 0 0 0 -20 Fransol 14, S.A.S. France 85% 0 -34 0 28 28 -6 Fransol 15, S.A.S. France 85% 0 -34 0 -1 -1 -35 Fransol 16, S.A.S. France 85% 0 -33 0 -14 -14 -47 Fransol 17, S.A.S. France 85% 0 -11 0 -5 -5 -15 Fransol 18, S.A.S. France 85% 0 -23 0 -2 -2 -24 Fransol 19, S.A.S. France 85% 0 -13 0 0 0 -13 Fransol 20, S.A.S. France 85% 0 -50 0 -9 -9 -59

Annual report 2022 Individual annual accounts 113 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Fransol 21, S.A.S. France 85% 0 -43 0 1 1 -42 Fransol 22, S.A.S. France 85% 0 -4 0 0 0 -4 Fransol 23, S.A.S. France 85% 0 -11 0 0 0 -11 Fransol 24, S.A.S. France 85% 0 -13 0 -20 -20 -33 Fransol 25, S.A.S. France 85% 0 -14 0 -7 -7 -21 Fransol 26, S.A.S. France 85% 0 -13 0 0 0 -13 Fransol 27, S.A.S. France 85% 0 -65 0 -9 -9 -74 Fransol 28, S.A.S. France 85% 0 -19 0 -29 -29 -47 Fransol 29, S.A.S. France 85% 0 -13 0 0 0 -13 Fransol 30, S.A.S. France 85% 0 -18 0 -5 -5 -23 Fransol 31, S.A.S. France 85% 0 -11 0 -5 -5 -16 Fransol 32, S.A.S. France 85% 0 -6 0 -13 -13 -18 Fransol 33, S.A.S. France 85% 0 -3 0 -7 -7 -10 Fransol 34, S.A.S. France 85% 0 -7 0 -16 -16 -23 Fransol 35, S.A.S. France 85% 0 -6 0 -3 -3 -10 Fransol 36, S.A.S. France 85% 0 -5 0 -7 -7 -12 Fransol 37, S.A.S. France 85% 0 -13 0 -12 -12 -25 Fransol 38, S.A.S. France 85% 0 -6 0 0 0 -7 Fransol 39, S.A.S. France 85% 0 -13 0 0 0 -13 Fransol 40, S.A.S. France 85% 0 -9 0 0 0 -10 Fransol 41, S.A.S. France 85% 0 -1 0 0 0 -1 Fransol 42, S.A.S. France 85% 0 -1 0 -3 -3 -4 Fransol 43, S.A.S. France 85% 0 -1 0 0 0 -1 Fransol 44, S.A.S. France 85% 0 -1 0 0 0 -1 Fransol 45, S.A.S. France 85% 0 -9 0 0 0 -9 Fransol 46, S.A.S. France 85% 0 -1 0 0 0 -1 Fransol 47, S.A.S. France 85% 0 -1 0 0 0 -1 Fransol 48, S.A.S. France 85% 0 -1 0 0 0 -1

Annual report 2022 Individual annual accounts 114 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Fransol 49, S.A.S. France 85% 0 -1 0 0 0 -1 Fransol 50, S.A.S. France 85% 0 -1 0 0 0 -1 Kronos IB Vogt 15, S.A.S. France 85% 0 -7 0 -2 -2 -9 Kronos IB Vogt 16, S.A.S. France 85% 0 -6 0 -2 -2 -8 Kronos IB Vogt 18, S.A.S. France 85% 0 -9 0 -5 -5 -14 Kronos IB Vogt 19, S.A.S. France 85% 0 -6 0 -2 -2 -7 Kronos IB Vogt 20, S.A.S. France 85% 0 -7 0 -2 -2 -9 Kronos IB Vogt 22, S.A.S. France 85% 0 -6 0 -2 -2 -8 Kronos IB Vogt 25, S.A.S. France 85% 0 -6 0 -2 -2 -8 Kronosol 11, S.A.R.L. France 85% 0 -50 0 -8 -8 -59 Kronosol 12, S.A.R.L. France 85% 0 -33 0 28 28 -5 Kronosol 13, S.A.R.L. France 85% 0 -7 0 -2 -2 -10 Kronosol 14, S.A.R.L. France 85% 0 -15 0 -6 -6 -21 Kronosol 15, S.A.R.L. France 85% 0 -55 0 30 30 -25 THOUSAND EUROS JOINTLY CONTROLLED ENTITIES AND ASSOCIATES REGISTERE D OFFICE % DIRECT % INDIRECT AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Biomasas del Pirineo, S.A. Spain 30% n.a. Biomass 136 101 0 0 0 238 Solar Siglo XXI, S.A. Spain 25% n.a. Photovoltaic energy production 20 42 0 0 0 62 Sistemas Eólicos Tres Cruces, S.L. Spain 25% n.a. Wind energy production 13 18 0 0 0 31 Desarrollos Energéticos del Val, S.L. Spain 25% n.a. Wind energy production 34 256 0 0 0 290 Desarrollos Eólicos de Canarias, S.A. Spain 45% PwC Wind energy production 813 4,141 0 2,249 2,249 7,202 Parque Eólico Sierra del Madero, S.A. Spain 42% KPMG Wind energy production 3,021 40,859 0 7,581 7,581 51,461 Desarrollos Energéticos Canarios, S.A. Spain 50% n.a. Wind energy production 7 -17 0 0 0 -10 Parque Eólico Belmonte, S.A. Spain 30% KPMG Wind energy production 36 13,053 0 2,052 2,052 15,141

Annual report 2022 Individual annual accounts 115 THOUSAND EUROS JOINTLY CONTROLLED ENTITIES AND ASSOCIATES REGISTERE D OFFICE % DIRECT % INDIRECT AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Evolución 2000, S.L. Spain 49% PwC Wind energy production 58 14,152 0 4,985 4,985 19,194 Eos Pax IIa, S.L. Spain 49% Deloitte Wind energy production 3 56 0 2,587 2,587 2,647 Geólica Magallón, S.L. Spain 36% PwC Wind energy production 739 516 0 2,988 2,988 4,243 San Juan de Bargas Eólica, S.L. Spain 47% PwC Wind energy production 940 2,091 0 1,779 1,779 4,811 Unión de Generadores de Energía, S.L. Spain 50% PwC Wind energy production 12 2,355 0 804 804 3,171 Centrale Eolienne D'Occey, S.A.S. France 51% 145 139 0 0 0 284 Hytlantic, S.A. Portugal 29% 14 1,542 0 0 0 1,556 Eólica de São Julião, Lda. Portugal 45% na Wind energy production 225 -868 -6,199 5,623 5,623 -1,219 Evoikos Voreas A.E. Greece 51% n.a. Wind energy production 64 1,736 0 -78 -78 1,723 Sofrano A.E. Greece 51% n.a. Wind energy production 423 1,397 0 -76 -76 1,745 OW Offshore, S.L. Spain 50% 50% PwC Holding 28,760 914,368 0 126,554 126,554 1,069,682 Goldfinger Ventures LLC USA 50% PwC Photovoltaic energy production 61,864 86,101 0 5,525 5,525 153,491 Goldfinger Ventures II LLC USA 50% PwC Photovoltaic energy production 81,583 120,442 0 9,892 9,892 211,917 Solar Ventures Acquisition LLC USA 50% n.a. Photovoltaic energy production 0 3,254 0 -1 -1 3,253 2019 Vento XX LLC USA 20% PwC Wind energy production 39,751 153,112 -7,956 6,556 6,556 191,463 Riverstart Ventures LLC USA 20% PwC Photovoltaic energy production 45,915 144,681 0 4,026 4,026 194,623 2018 Vento XIX LLC USA 20% PwC Wind energy production 13,809 131,187 0 3,631 3,631 148,626 Nine Kings Wind Farm LLC USA 50% n.a. Wind energy production 0 0 0 0 0 0 2017 Vento XVII LLC USA 20% PwC Wind energy production 29,434 166,414 0 6,713 6,713 202,561 Flat Rock Windpower II LLC USA 50% KPMG Wind energy production 101,175 -16,902 0 -1,458 -1,458 82,815 Flat Rock Windpower LLC USA 50% KPMG Wind energy production 257,050 -50,379 0 -3,284 -3,284 203,387 Blue Canyon Windpower LLC USA 25% PWC Wind energy production 0 0 0 0 0 0 Riverstart Development LLC USA 20% n.a. Photovoltaic energy production 0 0 0 0 0 0 Lomartico Investments, Sp. z o.o. Poland 50% n.a. 1 0 0 -1 -1 -1 Medsteville Investments, Sp. z o.o. Poland 50% n.a. 1 0 0 0 0 0

Annual report 2022 Individual annual accounts 117 Annex II (Free translation from the original in Spanish. In the event of discrepancy, the Spanish-language version prevails.) EDP Renovaveis, S.A. Details of investments in Group companies as at 31 December 2021 *Companies included in the tax group that the Company belongs to (note 18) THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL EDP Renewables EUROPE, S.L.U.* Spain 100% - PWC Holding 249,499 2,252,854 - -805,916 -805,916 1,696,437 EDP Renovables España, S.L.U.* Spain - 100% PWC Holding, construction and wind energy production 46,128 638,392 -18 45,249 45,249 729,751 EDPR Polska, Sp.z.o.o. Poland - 100% PWC Holding and wind energy production 94,587 85,985 434 216 216 181,222 EDPR International Investmets, B.V. Netherlands - 100% PWC Holding 20 3,273 - 7,324 7,324 10,617 EDPR France Holding SAS France - 100% PWC Holding 79,900 31,041 - 5,431 5,431 116,372 EDP Renewables SGPS,SA Portugal - 100% PWC Holding 115,778 - - 328,747 328,747 444,575 EDP Renewables Belgium,S.A Belgium 0.17% 99.83% PWC Holding 287 304 - 642 642 1,233 EDPR Portugal , S.A. Portugal - 51% PWC Holding and wind energy production 7,500 113,423 - 46,532 46,532 167,455 EDPR PT- Promocao e Operacao,S.A Portugal - 100% PWC Wind: Wind farm development 58 5,513 - -5,429 -5,429 141 International Solar Energy,S.R.L Romania - 100% Unaudited Photovoltaic energy production - - - -1 -1 -1 Solar Phonix,S.R.L. Romania - 100% Unaudited Photovoltaic energy production 16 -20 - -1 -1 -5 Energopark,S.R. L Romania - 100% Unaudited Wind energy production 27 709 - -553 -553 183 EDPR Romania, S.R.L. Romania 0.01% 99.99% PWC Wind energy production 301,380 158,593 - 43,599 43,599 503,572 Beta Wind,S.R.L Romania - 100% Unaudited Wind energy production 42 5,191 - - - 5,233 EDP Renowables Italia,S.r.l Italy - 51% PWC Holding and wind energy production 34,439 16,602 - 14,546 14,546 65,587 EDP Renovaveis Servicios Financieros. S.A* Spain 70.01% 29.99% PWC Other economic activities 84,691 332,436 - 37,203 37,203 454,331

Annual report 2022 Individual annual accounts 118 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Parque Eólico Santa Quiteria, S.L. Spain - 84% PWC Wind energy production 63 11,519 - 3,666 3,666 15,248 Eólica La Janda, S.l.U* Spain - 100% PWC Wind energy production 4,525 21,308 - 18,288 18,288 44,121 Eólica Fontesilva, S.L.U* Spain - 100% PWC Wind energy production 6,860 9,719 - 4,331 4,331 20,910 EDPR Yield S.A.U* Spain - 100% PWC Wind energy production 99,405 89,012 - 26,703 26,703 215,120 Parque Eólico Altos del Voltoya S.A.* Spain - 93% PWC Wind energy production 6,434 12,401 - -2,599 -2,599 16,236 Eólica La Brújula, S.A.U Spain - 100% PWC Wind energy production 3,294 18,947 - 505 505 22,746 Eólica Arlanzón S.A. Spain - 85% PWC Wind energy production 4,509 8,365 - 3,480 3,480 16,354 Eolica Campollano S.A. Spain - 75% PWC Wind energy production 6,560 23,471 - 12,494 12,494 42,525 Parque Eólico La Sotonera S.L. Spain - 70% PWC Wind energy production 2,000 5,585 - 3,139 3,139 10,724 Viesgo Europa,S.L.U* Spain - 100% PWC Wind energy production 1,000 2,453 - 4,883 4,883 8,336 Viesgo Renovables,S.L. U* Spain - 100% PWC Wind energy production 12,770 179,357 - 26,177 26,177 218,304 Viesgo Mantenimiento, S.L.U* Spain - 100% Unaudited Wind energy production 3 923 - 528 528 1,454 Northeolic Monte Buño, S.L Spain - 75% Unaudited Wind energy production 4 -155 - -266 -266 -417 Compañia Eolica Aragonesa S.A* Spain - 100% PWC Wind energy production 6,701 34,564 - 14,558 14,558 55,823 Parque Eólico de Abrazadilla, S.L.U* Spain - 100% Unaudited Wind energy production 3 -2 - - - 1 Korsze Wind Farm,SP.z.o.o Poland - 51% PWC Wind energy production 8,448 16,462 - 14,801 14,801 39,711 Radzeijów wind farm SP.z.o.o Poland - 51% PWC Wind energy production 6,002 -3,895 - 1,653 1,653 3,760 Energiaki Arvanikou E.P.E Greece 0.01% 99.99% PWC Wind energy production 1,312 15,947 - -1,601 -1,601 15,658 Wind Park Aerorrachi M.A.E Greece - 100% PWC Wind energy production 496 1,339 - -489 -489 1,346 Edpr Hellas 1 M.A.E Greece - 100% PWC Wind energy production 1,255 683 - -489 -489 1,449 Edpr Hellas 2 M.A.E Greece - 100% PWC Wind energy production 470 1,796 - -358 -358 1,908 Wind Shape,Ltd Greece - 100% Unaudited Wind energy production 18 -52 - -127 -127 -161 Aioliko Parko Fthiotidos Erimia E.P.E Greece 0.67 99.33% Unaudited Wind energy production 155 1,033 - -476 -476 712 Aioliki Oitis Energiaki Single-Member LLC Greece - 95% Unaudited Wind energy production 5 -88 - -981 -981 1,064

Annual report 2022 Individual annual accounts 119 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Kadmeios Anemos Energiaki,A.E. Greece - 100% Unaudited Wind energy production 25 -20 - -933 -933 -928 Voiotikos Anemos Energy,A.E Greece - 100% Unaudited Wind energy production 25 -78 - -81 -81 -134 Wincap S.R.L Italy - 100% PWC Wind energy production 2,550 5,861 - 3,354 3,354 11,765 Renovables Castilla La Mancha, S.A. Spain - 90% PWC Wind energy production 60 5,972 - 2,699 2,699 8,730 Monts de la Madeleine Energie,SA.S France - 100% PWC Wind energy production 88 -32 - -13 -13 43 Monts du Forez Energie,SAS France - 100% PWC Wind energy production 200 -77 - -12 -12 111 Sarve,S.R.L Italy - 51% PWC Wind energy production 10 111 - -243 -243 -122 Molen Wind II sp.Z.o.o Poland - 51% PWC Wind energy production 3 12,501 -357 4,925 4,925 17,072 Breva Wind S.R.L Italy - 100% PWC Wind energy production 7,100 -1,154 - -705 -705 5,240 Acampo Arias, SL* Spain - 95% PWC Wind energy production 3,314 3,200 - 8,574 8,574 15,088 Relax Wind Park III, Sp.z.o.o. Poland - 51% PWC Wind energy production 12,959 3,100 158 5,848 5,848 22,065 Relax Wind Park I, Sp.z.o.o. Poland - 51% PWC Wind energy production 10,119 12,076 - 10,590 10,590 32,785 Parque Eólico Los Cantales, S.L.U.* Spain - 100% PWC Wind energy production 1,963 2,424 - 2,148 2,148 6,535 Neo Solar Farm, Sp z.o.o Poland - 100% Unaudited Wind energy production 1 -2,544 2,268 1,864 1,864 1,589 R.Wind,Sp z.o.o Poland - 100% Unaudited Wind energy production 1 -16 - -13 -13 -28 Edp Renewables Polska HOLDCO,S.A Poland - 51% PWC Holding 22 163,561 - 11,031 11,031 174,614 Rampton,Sp z.o.o Poland - 100% Unaudited Wind energy production 2,393 -39 - -23 -23 2,331 Neo Solar Farm, Sp z.o.o Poland - 100% Unaudited Wind energy production 1 -2,544 2,268 1,864 1,864 1,589 R.Wind,Sp z.o.o Poland - 100% Unaudited Wind energy production 1 -16 - -13 -13 -28 Wind Field Wielkopolska,S p z.o.o Poland - 100% PWC Wind energy production 110 -559 -165 263 263 -350 Gudziki Wind Farm,sp.z.o.o Poland - 51% Unaudited Wind energy production 1 -23 - -22 -22 -44 EW Dobrzyca, sp z.o.o Poland - 100% PWC Wind energy production 147 6,622 -76 109 109 6,802 Winfan,Sp.z.o.o Poland - 100% Unaudited Wind energy production 4 101 -3 -17 -17 85 Ujazd, So.z.o.o Poland - 100% PWC Wind energy production 1,011 -863 62 -394 -394 -185 Kowalewo Wind.Sp z.o.o Poland - 100% PWC Wind energy production 20 370 -4 1,217 1,217 1,601

Annual report 2022 Individual annual accounts 120 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL EWP European Wind Power Krasin,Sp.z.o.o Poland - 100% PWC Wind energy production 1,563 -253 -38 1,510 1,510 2,783 Nowa Energia 1 Sp,z.o.o Poland - 100% PWC Wind energy production 1,518 -90 -125 -419 -419 885 Farma Wiatrowa Bogoria,Sp z.o.o Poland - 100% PWC Wind energy production 521 2,177 - -324 -324 2,375 Lichnowy Windfarm,Sp z.o.o Poland - 100% PWC Wind energy production 188 184 - 936 936 1,308 Edpr Polska Solar,Sp.z.o.o. Poland - 100% Unaudited Wind energy production 1 -201 476 -167 -167 108 Karpacka Mala Energetyka, Sp z.o.o Poland - 85% Unaudited Wind energy production 11 -426 - -35 -350 -450 Elektrownia Kamienica,Sp z.o.o Poland - 100% Unaudited Wind energy production 1 -9 - -8 -8 -16 Neo Solar Przykona II,Sp.z.o.o Poland - 100% Unaudited Photovoltaic energy production 1 -39 - -5 -5 -43 Wf Energy III,Sp z.o.o Poland - 100% Unaudited Wind energy production 1 5 - - - 6 Kowalewo Wind.Sp z.o.o Poland - 100% PWC Wind energy production 20 370 -4 1,217 1,217 1,601 EWP European Wind Power Krasin,Sp.z.o.o Poland - 100% PWC Wind energy production 1,563 -253 -38 1,510 1,510 2,783 Farma Fotowoltaiczna Koden,Sp.z.o.o Poland - 100% Unaudited Photovoltaic energy production 1 - - -7 -7 -6 Neo Solar Chotkow,Sp.z.o. o Poland - 100% Unaudited Photovoltaic energy production 1 -18 - -3 -3 -20 Parc Eolien de Dionay,S.A.A France - 100% PWC Wind energy production 215 -83 - -20 -20 112 Parc Éolien d´Entrains-sur- Nohain,S.A.S France - 90% PWC Wind energy production 266 383 - -9 -9 640 Le Chemin deLa Corvée,S.A.S France - 100% PWC Wind energy production 215 -142 - -51 -51 22 Eólica de Serra das Alturas,S.A Portugal - 25.55% PWC Wind energy production 50 6,854 - 1,401 1,401 8,305 Malhadizes- Energia Eólica, SA Portugal - 51% PWC Wind energy production 50 8,412 - 2,431 2,431 10,893 Eólica de Montenegrelo, LDA Portugal - 25.55% PWC Wind energy production 50 10,398 - 2,572 2,572 13,020 Parc Eolien de Dionay,S.A.A France - 100% PWC Wind energy production 215 -83 - -20 -20 112 Eólica da Alagoa,SA Portugal - 30.60% PWC Wind energy production 50 3,589 - 806 806 4,445 Fotovoltaica Lott A,S.A Portugal - 100% PWC Wind energy production 50 -46 -17 -54 -54 -67 Aplica.Indust de Energias limpias S.L Spain - 62% Unaudited Wind energy production 131 -55 - 1,299 1,299 1,375 Canerde,S.L.U Spain - 80% Unaudited Wind energy production 4 -1 - -1 -1 2

Annual report 2022 Individual annual accounts 121 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Parc Eólic Serra Voltorera S.l.U Spain - 100% PWC Wind energy production 3,458 7,652 - 1,288 1,288 12,398 Elektrownia Wiatrowa Kresy I sp zoo Poland - 51% PWC Wind energy production 15 69,131 - 12,104 12,104 81,251 Edpr Villla Galla,S.R.L Italy - 51% PWC Wind energy production 9,000 51,551 - 15,665 15,665 76,216 Desarrollos Eólicos de Teruel SL Spain - 51% Unaudited Wind energy production 18,890 - - - - 18,890 Custolito,S.r.l Italy - 100% Unaudited Wind energy production 10 25 - -10 -10 25 Aria del Vento Italy - 100% PWC Wind energy production 11 28,336 - 1,892 1,892 30,239 C&C Tre Energy S.r.l Italy - 100% PWC Wind energy production 100 931 - -42 -42 989 EDPR Centro Italia PV,S.r.l. Italy - 100% Unaudited Wind energy production 10 - - - - 10 Edpr Sicilia PV,S.r.l Italy - 100% Unaudited Wind energy production 10 38 - -27 -27 21 Edpr Sicilia Wind,S.r.l Italy - 100% Unaudited Wind energy production 10 45 - -41 -41 14 Tebar Eólica, S.A.U.* Spain - 100% PWC Wind energy production 4,720 5,076 - 6,440 6,440 16,236 Edpr Terral S.L.U Spain - 100% Unaudited Wind energy production 3 -1 - -1 -1 1 IAM Caecius Spain - 100% Unaudited Wind energy production 3 -1 - - - 2 Masovia Wind Farm I s.p. zo.o. Poland - 100% PWC Wind energy production 274 -266 - -32 -32 -24 Farma wiaStarozbery Sp.z.o.o Poland - 100% Unaudited Wind energy production 101 199 - -16 -16 285 Edpr Italia holding,S.r.l Italy - 100% PWC Wind energy production 347 49,285 - 6,769 6,769 56,401 Re plus – Societa ´a Responsabilita ´limitada Italy - 100% Unaudited Wind energy production 100 - - -14 -14 86 Iberia Aprove- chamientos Eólicos, S.A.U.* Spain - 94% PWC Wind energy production 1,919 3,228 - 2,710 2,710 7,857 Site Sunwind Energy ,S.L Spain - 100% Unaudited Wind energy production 3 -1 - - - 2 Desarrollos Renovables de Teruel,S.L Spain - 100% Unaudited Wind energy production 3 - - - - 3 EDPR PT - Parques Eólicos, S.A. Portugal - 51% PWC Wind energy production 50 37,925 - 8,298 8,298 46,273 Eólica do Alto da Lagoa, S.A. Portugal - 51% PWC Wind energy production 50 11,611 -137 1,348 1,348 12,872 Eólica das Serras das Beiras, S.A. Portugal - 51% PWC Wind energy production 50 36,651 -953 8,094 8,094 43,842 Eólica da Coutada, S.A. Portugal - 51% PWC Wind energy production 50 52,547 -1,031 9,067 9,067 60,633 Eólica do Espigão, S.A. Portugal - 51% PWC Wind energy production 50 13,604 - 1,837 1,837 15,491

Annual report 2022 Individual annual accounts 122 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Tebar Eólica, S.A.U.* Spain - 100% PWC Wind energy production 4,720 5,076 - 6,440 6,440 16,236 Eólica do Alto do Mourisco, S.A. Portugal - 51% PWC Wind energy production 50 8,334 -123 1,694 1,694 9,955 Eólica dos Altos dos Salgueiros- Guilhado, S.A. Portugal - 51% PWC Wind energy production 50 3,835 -40 780 780 4,625 Eólica do Alto da Teixosa, S.A. Portugal - 51% PWC Wind energy production 50 10,111 -226 1,444 1,444 11,379 Eólica da Terra do Mato, S.A. Portugal - 51% PWC Wind energy production 50 11,139 -264 1,984 1,984 12,909 Parque Eólico do Barlovento,S.A Portugal - 90% PWC Wind energy production 60 27,293 - 4,706 4,706 32,059 IE2 Portugal, SGPS, S.A Portugal - 100% PWC Wind energy production 331 1,243 - 147 147 1,721 S.E.E,Sul Energia Eólica,S.A Portugal - 100% PWC Wind energy production 150 5,514 - 1,193 1,193 6,857 Eoliser-Servicos de Gestao para Parques Eólicos,Lda Portugal - 100% Unaudited Wind energy production 264 529 - 27 27 820 TACA Wind, S.r.l. Italy - 100% PWC Wind energy production 1,160 6,031 - 2,712 2,712 9,903 Vientos de Coahuila, S.A. de C.V. Mexico 0.01% 99.99% Unaudited Wind energy production 2,209 -591 - -1,330 -1,330 288 Eólica de Coahuila, S.A. de C.V. Mexico - 51% PWC Wind energy production 6,880 26,255 -806 12,059 12,059 44,387 Vanosc Energie,S.A.S France - 100% Unaudited Wind energy production 1 -1 - -2 -2 -2 Transition Euroise Roman II, S.A.S France - 85% Unaudited Wind energy production 603 -5 - -9 -9 589 Tivano,S.R.L Italy - 75% PWC Wind energy production 100 2,146 - 1,760 1,760 4,006 San Mauro, S.R.L Italy - 75% PWC Wind energy production 70 2,421 - 1,827 1,827 4,318 Conza Energia,S.R.L Italy - 100% PWC Wind energy production 456 4,532 - 4,693 4,693 9,681 Energia Emissioni Zero 4,S.r.l Italy - 60% PWC Wind energy production 10 318 - -72 -72 256 VRG Wind 153,S.r.l Italy - 80% PWC Wind energy production 10 470 - -117 -117 363 Wind Energy San Giorgio, S.r.l Italy - 60% PWC Wind energy production 20 713 - -90 -90 643 Tivano,S.R.L Italy - 75% PWC Wind energy production 100 2,146 - 1,760 1,760 4,006 Giglio,S.r.l Italy - 60% Unaudited Wind energy production 20 1,204 - -75 -75 1,149 AW 2,S.r.l Italy - 75% PWC Wind energy production 100 3,111 - 2,374 2,374 5,585 Lucus Power,S.r.l Italy - 100% PWC Wind energy production 10 5,123 - 2,541 2,541 7,674 T Power, S.p.A Italy - 100% Baker. T.R Wind energy production 1,000 1,217 - -30 -30 2,187

Annual report 2022 Individual annual accounts 123 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Miramit Investments, Sp.z.o.o. Poland - 100% Unaudited Wind energy production 12 156 - -12 -12 156 Budzyn,Sp.z.o.o Poland - 51% Unaudited Wind energy production 1 -3 - -18 -18 -20 FW Warta,Sp.z.o.o Poland - 100% PWC Wind energy production 2 -297 354 5 5 65 Altnabreac Wind Farm Limited UK - 100% PWC Wind energy production - - - -300 -300 -300 Edp Renewables Hungary Hungary - 100% PWC Wind energy production 488 -246 - -1,529 -1,529 -1,287 Sunligt Solar Kft Hungary - 85% PWC Photovoltaic energy production 531 -242 445 -680 -680 54 EDPR Investment Hungary,Kft Hungary - 100% Unaudited Wind energy production 16 - - -45 -45 -29 Nyirseg Watt,Kft Hungary - 100% PWC Wind energy production 917 -74 -310 303 303 837 Ben Sca Wind Farm Limited UK - 100% PWC Wind energy production - -5 - -310 -310 -315 Moorshield Wind Farm limited UK - 100% PWC Wind energy production - -2 - -300 -300 -302 Drummarnock Wind Farm limited UK - 100% PWC Wind energy production - - - -297 -297 -297 Wind 2 Project 1 Limited UK - 100% PWC Wind energy production - - - -297 -297 -297 Vento Ludens Ltd UK - 100% PWC Wind energy production 10 1,001 - 39 39 1,050 Muirake Wind Farm Ltd UK - 79% PWC Wind energy production - -374 - -220 -220 -595 Lurg Hill Wind Farm Ltd UK - 100% Unaudited Wind energy production - - - -412 -412 -412 EDP Renewables North America, LLC USA 100% - PWC Holding 4,577,890 -666,096 -18,610 84,351 84,351 3,977,715 EDPR Servicios de México, S. de R.L. de C.V. Mexico 1 99% Unaudited Other economic activities 6,897 -2,202 - 219 219 4,915 Parque Solar Los Cuervos, S de R.L.de C.V Mexico 99% 1% Unaudited Photovoltaic energy production 4,630 -633 - 1,316 1,316 5,314 Paulding Wind Farm IV LLC USA - 100% Unaudited Wind energy production 174,547 -542 - -3,937 -3,937 170,069 EDPR Solar Ventures II LLC USA - 100% Unaudited Photovoltaic energy production 46,891 18,126 - 6,268 6,268 71,285 EDPR Solar Ventures IV LLC USA - 100% Unaudited Photovoltaic energy production 82,123 8,793 - 6,532 6,532 97,448 Rush County Wind Farm LLC USA - 100% Unaudited Wind energy production 2,522 - - - - 2,522 North Slope Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - -

Annual report 2022 Individual annual accounts 124 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Number Nine Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Pacific Southwest Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Horizaon Wind energy Southwest III LLC USA - 100% Unaudited Wind energy production - - - - - - EDPR Northeast Allen Solar Park LLC USA - 100% Unaudited Photovoltaic energy - - - - - - Peterson Power Partners LLC USA - 100% Unaudited Wind energy production - - - - - - Duff Solar Park II LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Horizon Wyoming Transmissin LLC USA - 100% Unaudited Wind energy production - - - - - - Buffalo Bluff Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Sardinia Wind power LLC USA - 100% Unaudited Wind energy production - - - - - - Cameron Solar LLC USA - 100% PWC Photovoltaic energy production 31,280 273 - 24 24 31,577 2017 Sol II LLC USA - 100% PWC Photovoltaic energy production 96,572 -134 - -19 -19 96,419 Estill Solar I LLC USA - 100% PWC Photovoltaic energy production 34,098 73 - -57 -57 34,114 C2 RI Hopkinton LLc USA - 85% Unaudited Photovoltaic energy production 2,874 14 - -17 -17 2,872 Blissville Road LLC USA - 85% Unaudited Photovoltaic energy production 2,111 -11 - 11 11 2,111 Route 149 LLC USA - 85% Unaudited Photovoltaic energy production 2,430 -13 - -11 -11 2,407 RTSW Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - RTSW Solar Park II LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - RTSW Solar Park III LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - RTSW Solar Park IV LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - RTSW Solar Park V LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - RTSW Solar Park VI LLC USA - 100% Unaudited Photovoltaic energy production - - - - - -

Annual report 2022 Individual annual accounts 125 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Timber Road Solar Park II LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Horizon Wind Energy Northwest XI LLC USA - 100% Unaudited Wind energy production - - - - - - Cattlemen Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Rail Splitter Wind Farm II LLC USA - 100% Unaudited Wind energy production - - - - - - Timber Road II Storage LLC USA - 100% Unaudited Wind energy production - - - - - - Timber Road III Storage LLC USA - 100% Unaudited Wind energy production - - - - - - Top Crop I Storage LLC USA - 100% Unaudited Wind energy production - - - - - - Top Crop II Storage LLC USA - 100% Unaudited Wind energy production - - - - - - Twin Groves I Storage LLC USA - 100% Unaudited Wind energy production - - - - - - Twin Groves II Storage LLC USA - 100% Unaudited Wind energy production - - - - - - Edwardsport Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Azalea Springs Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Crescent Bar Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Esker Solar Park II LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Bluebird Prairie Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Timber Road Solar Park III LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Rosewater Ventures LLC USA - 100% Unaudited Wind energy production - - - - - - RE Scarlet LLC USA - 100% Unaudited Wind energy production 488 - - - - 488 Big River Wind Power Project LLC USA - 100% Unaudited Wind energy production - - - - - - Tug Hill Windpower LLC USA - 100% Unaudited Wind energy production - - - - - - Whiskey Ridge Power Partners LLC USA - 100% Unaudited Wind energy production - - - - - - Wilson Creek Power Project LLC USA - 100% Unaudited Wind energy production - - - - - - Black Prairie Wind Farm II LLC USA - 100% Unaudited Wind energy production - - - - - -

Annual report 2022 Individual annual accounts 126 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Black Prairie Wind Farm III LLC USA - 100% Unaudited Wind energy production - - - - - - Simpson Ridge Wind Farm II LLC USA - 100% Unaudited Wind energy production - - - - - - Simpson Ridge Wind Farm III LLC USA - 100% Unaudited Wind energy production - - - - - - Simpson Ridge Wind Farm IV LLC USA - 100% Unaudited Wind energy production - - - - - - Simpson Ridge Wind Farm V LLC USA - 100% Unaudited Wind energy production - - - - - - Athena-Weston Wind Power Project II LLC USA - 100% Unaudited Wind energy production - - - - - - 17th Star Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Green Country Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Rolling Upland Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Horizaon Wind energy Southwest IV LLC USA - 100% Unaudited Wind energy production - - - - - - Horizon Wind energy Valley I LLC USA - 100% Unaudited Wind energy production - - - - - - Horizon Wind MREC Iowa Partners LLC USA - 75% Unaudited Wind energy production - - - - - - Horizon Wind Freeport Windpower I LLC USA - 100% Unaudited Wind energy production - - - - - - Tillman Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Wolf Run Solar LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Clover Creek Solar Project USA - 100% Unaudited Photovoltaic energy production - - - - - - Black Prairie Solar Park II LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Rock Dane Solar Park II LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Sawmill Junction Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - BC2 Maple Ridge Holdings LLC USA - 100% Unaudited Holding - - - - - - Black Prairie Storage LLC USA - 100% Unaudited Wind energy production - - - - - -

Annual report 2022 Individual annual accounts 127 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Black Prairie Storage LLC USA - 100% Unaudited Wind energy production - - - - - - Cattlemen Solar Park II LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Crooked lake Solar LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Pearl River Solar Park LLC USA - 100% Unaudited Photovoltaic energy production 2,895 - - - - 2,895 Tillman Storage LLC USA - 100% Unaudited Wind energy production - - - - - - Sailor Springs Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - 10 Point Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Randolph Solar Park LLc USA - 100% Unaudited Photovoltaic energy production 21,182 - - -32 -32 21,150 Tillman Solar Park II LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Indiana Crossroads Wind Ventures LLC USA - 100% Unaudited Wind energy production - - - - - - EDPR Northeast Allen Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Riverstart Solar Park VI LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - EDPR NA Shelby Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Edpr Solar Ventures V LLC USA - 100% Unaudited Photovoltaic energy production - -57,881 - 83,928 83,928 26,046 Juniper Wind Power Partners LLC USA - 100% Unaudited Wind energy production - - - - - - Wildcat Creek Wind Farm LLC USA - 100% Unaudited Wind energy production 221,967 -55 - 237 237 222,149 Machias Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Blue Canyon Windpower VII LLC USA - 100% Unaudited Wind energy production - - - - - - New Trail Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Western Trail Wind Project I LLC USA - 100% Unaudited Wind energy production - - - - - - Whistling Wind WI Energy Center LLC USA - 100% Unaudited Wind energy production - - - - - - Simpson Ridge Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - -

Annual report 2022 Individual annual accounts 128 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Reloj del Sol Wind Farm LLC USA - 100% Unaudited Wind energy production 266,254 -11 - -23,231 -23,231 243,012 Coos Curry Wind Power Project LLCC USA - 100% Unaudited Wind energy production - - - - - - Renville County Wind Farm LLC USA - 100% Unaudited Wind energy production 1,698 - - - - 1,698 EDPR Wind Ventures XXIII LLC USA - 100% Unaudited Wind energy production 17,013 - - - - 17,013 2021 Vento XXIII LLC USA - 100% PWC Wind energy production 142,365 - - - - 142,365 EDPR RS LLC USA - 100% Unaudited Wind energy production - - - - - - EDPR Wind Ventures XVII LLC USA - 100% Unaudited Wind energy production - 32,186 - 328 328 32,513 EDPR Wind Ventures XXII LLC USA - 100% Unaudited Wind energy production 134,402 - - 7,647 7,647 142,049 2020 Vento XXII LLC USA - 100% PWC Wind energy production 711,509 - - 54 54 711,564 Simpson Ridge Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Misenheimer Solar LLC USA - 100% Unaudited Photovoltaic energy production 8,267 - - - - 8,267 Headwaters Wind Farm II LLC USA - 100% PWC Photovoltaic energy production 105,689 -845 - -642 -642 104,202 EDPR NA DG Holding LLC USA - 100% Unaudited Photovoltaic energy production 56,785 - - -1 -1 56,784 EDPR NA Distributed Generation LLC USA - 85% DHG Photovoltaic energy production 26,395 52,747 - -4,326 -4,326 74,815 Ford Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Gulf Coast Windpower Management Company LLC USA - 75% Unaudited Wind energy production - - - - - - Horizaon Wind energy Northwest IV LLC USA - 100% Unaudited Wind energy production - - - - - - Horizaon Wind energy Northwest VII LLC USA - 100% Unaudited Wind energy production - - - - - - Horizaon Wind energy Northwest X LLC USA - 100% Unaudited Wind energy production - - - - - - Horizaon Wind energy Panhandle I LLC USA - 100% Unaudited Wind energy production - - - - - - Horizaon Wind energy Southwest I LLC USA - 100% Unaudited Wind energy production - - - - - - Horizaon Wind energy USA - 100% Unaudited Wind energy production - - - - - -

Annual report 2022 Individual annual accounts 129 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Southwest II LLC Horizon Wind Energy Midwest IX LLC USA - 100% Unaudited Wind energy production - - - - - - Horizon Wind energy Northwest I LLC USA - 100% Unaudited Wind energy production - - - - - - Az Solar LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - 2016 Vento XV LLC USA - 100% PWC Wind energy production 379,899 -488 - -104 -104 379,307 Solar Ventures Purchasing LLC USA - 100% Unaudited Photovoltaic energy production 326 -1,073 - -2 -2 -749 2016 Vento XVI LLC USA - 100% PWC Wind energy production 147,869 -455 - -101 -101 147,313 EDPR Wind Ventures XV LLC USA - 100% Unaudited Wind energy production 81,238 50,014 - 9,803 9,803 141,055 EDPR Wind Ventures XVI LLC USA - 100% Unaudited Wind energy production 50,390 6,708 - 2,199 2,199 59,297 Edpr Wind Ventures XIX LLC USA - 100% Unaudited Wind energy production - 25,502 - -1,752 -1,752 23,749 Edpr Wind Ventures XX LLC USA - 100% Unaudited Wind energy production 206,666 -185,866 - - - 20,800 Edpr Wind Ventures XXI LLC USA - 100% Unaudited Wind energy production 95,841 2,350 - 3,719 3,719 101,910 Edpr Solar Ventures III LLC USA - 100% Unaudited Photovoltaic energy production 69,147 3,921 - 4,628 4,628 77,695 Athena-Weston Wind Power Project LLC USA - 100% Unaudited Wind energy production - - - - - - Lexington Chenoa Wind Farm III LLC USA - 100% Unaudited Wind energy production - - - - - - Blackstone Wind farm IV LLC USA - 100% Unaudited Wind energy production - - - - - - WTP Management comapny LLC USA - 100% Unaudited Wind energy production - - - - - - Blackstone Wind Farm V LLC USA - 100% Unaudited Wind energy production - - - - - - Blue Canyon Windpower III LLC USA - 100% Unaudited Wind energy production - - - - - - Blue Canyon Windpower IV LLC USA - 100% Unaudited Wind energy production - - - - - - Broadlands Wind Farm II LLC USA - 100% Unaudited Wind energy production - - - - - -

Annual report 2022 Individual annual accounts 130 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Broadlands Wind Farm III LLC USA - 100% Unaudited Wind energy production - - - - - - Diamond Power Partners LLC USA - 100% Unaudited Wind energy production - - - - - - Broadlands Wind Farm III LLC USA - 100% Unaudited Wind energy production - - - - - - Chateaugay River Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Cropsey Ridge Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - East Klickitat Wind Power Project LLC USA - 100% Unaudited Wind energy production - - - - - - Hidalgo Wind Farm II LLC USA - 100% Unaudited Wind energy production 35,561 907 - 7,704 7,704 44,171 Wind Turbine Prometheus LP USA - 99% Unaudited Wind energy production 5 -5 - - - - Whitestone Wind Purchasing LLC USA - 100% Unaudited Wind energy production - -132,141 - 33,295 33,295 -98,846 Blue Canyon Windpower V LLC USA - 51% PWC Wind energy production 12,085 80,094 - 7,858 7,858 100,037 Sagebrush Power Partners LLC USA - 100% PWC Wind energy production 107,403 -12,434 - 4,785 4,785 99,755 Marble River LLC USA - 100% Unaudited Wind energy production 172,769 28,037 - 3,727 3,727 204,532 Blackstone Wind Farm LLC USA - 100% Unaudited Wind energy production 77,236 -569 - 2,151 2,151 78,818 Aroostook Wind Energy LLC USA - 100% Unaudited Wind energy production 41,361 -4,801 - -4 -4 36,556 Jericho Rise Wind Farm LLC USA - 100% PWC Wind energy production 112,099 9,272 - 250 250 121,622 Martinsdale Wind Farm LLC USA - 100% Unaudited Wind energy production 5,245 -57 - -68 -68 5,120 Signal Hill Wind Power Project LLC USA - 100% Unaudited Wind energy production 4 -4 - - - - Tumbleweed Wind Power Project LLC USA - 100% Unaudited Wind energy production 4 -4 - - - - Stinson Mills Wind Farm LLC USA - 100% Unaudited Wind energy production 4,097 -88 - - - 4,010 OPQ Property LLC USA - 100% Unaudited Wind energy production - - - - - - Meadow Lake Wind Farm LLC USA - 100% Unaudited Wind energy production 159,596 -19,021 - 1,367 1,367 141,942 Wheat Field Wind Power Project LLC USA - 51% PWC Wind energy production - 50,675 - 8,258 8,258 58,933 High Trail Wind Farm LLC USA - 100% PWC Wind energy production 124,838 65,915 - -708 -708 190,044 Madison Windpower LLC USA - 100% PWC Wind energy production 16,306 -12,066 - -1,396 -1,396 2,844 Mesquite Wind LLC USA - 100% PWC Wind energy production 90,908 64,698 - 454 454 156,060

Annual report 2022 Individual annual accounts 131 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL BC2 Maple Ridge Wind LLC USA - 100% PWC Wind energy production 237,339 -126,294 - -7,658 -7,658 103,387 Blue Canyon Windpower II LLC USA - 100% PWC Wind energy production 128,154 -30,190 - -6,589 -6,589 91,375 Telocaset Wind Power Partners LLC USA - 51% PWC Wind energy production - 73,800 225 10,371 10,371 84,396 Post Oak Wind LLC USA - 51% PWC Wind energy production 97,858 73,106 - 2,350 2,350 173,314 High Prairie Wind Farm II LLC USA - 51% PWC Wind energy production 46,740 27,405 272 1,785 1,785 76,202 Old Trail Wind Farm LLC USA - 51% PWC Wind energy production 100,004 87,383 1,775 10,062 10,062 199,224 Cloud County Wind Farm LLC USA - 51% PWC Wind energy production 122,503 38,712 - 4,843 4,843 166,058 Pioneer Prairie Wind Farm I LLC USA - 51% PWC Wind energy production 172,745 114,406 5,601 5,170 5,170 297,923 Arlington Wind Power Project LLC USA - 51% PWC Wind energy production 52,600 30,016 - 5,436 5,436 88,052 Rail Splitter Wind Farm LLC USA - 100% Unaudited Wind energy production 173,304 -55,503 - -2,094 -2,094 115,707 Hampton Solar II LLC USA - 100% Unaudited Photovoltaic energy production 31,104 1,332 - 83 83 32,519 Meadow Lake Wind Farm II LLC USA - 100% PWC Wind energy production 125,426 -15,239 - -3,791 -3,791 106,397 Black Prairie Wind Farm LLC USA - 100% Unaudited Wind energy production 1,043 -2 - - - 1,040 Saddleback Wind Power Project LLC USA - 100% Unaudited Wind energy production 1,196 -1,192 - - - 4 Meadow Lake Wind Farm IV LLC USA - 100% Unaudited Wind energy production 75,626 -6,420 - -1,909 -1,909 67,297 Meadow Lake Wind Farm III LLC USA - 100% Unaudited Wind energy production 78,833 5,436 - -255 -255 84,014 2007 Vento I LLC USA - 100% PWC Wind energy production 467,223 48,138 - 753 753 516,114 2007 Vento II LLC USA - 51% PWC Wind energy production 246,177 -4,872 - -130 -130 241,175 2008 Vento III LLC USA - 51% PWC Wind energy production 351,997 -6,127 - -10 -10 345,860 2009 Vento V LLC USA - 51% PWC Wind energy production 13,223 -1,170 - -5 -5 12,049 2019 Vento XXI LLC USA - 100% Unaudited Wind energy production 217,559 -50 - -79 -79 217,430 Horizon Wind Ventures I LLC USA - 100% Unaudited Wind energy production 58,450 423,204 - -2,693 -2,693 478,961 Horizon Wind Ventures III LLC USA - 51% Unaudited Wind energy production - 9,733 - -169 -169 9,563 Clinton County Wind Farm LLC USA - 100% Unaudited Wind energy production 172,757 -7 - - - 172,750

Annual report 2022 Individual annual accounts 132 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Antelope Ridge Wind Power Project LLC USA - 100% Unaudited Wind energy production 11,327 -11,327 - - - - Lexington Chenoa Wind Farm II LLC USA - 100% Unaudited Wind energy production 1,760 -531 - - - 1,229 Blackstone Wind Farm III LLC USA - 100% Unaudited Wind energy production 5,541 -5,541 - - - - Paulding Wind Farm LLC USA - 100% Unaudited Wind energy production 31 -32 - - - - Paulding Wind Farm II LLC USA - 51% PWC Wind energy production 57,437 50,675 - 5,174 5,174 113,285 Waverly Wind Farm LLC USA - 51% PWC Wind energy production 210,248 22,228 - 6,159 6,159 238,635 Blue Canyon Windpower VI LLC USA - 100% PWC Wind energy production 72,970 18,621 - -1,819 -1,819 89,772 Paulding Wind Farm III LLC USA - 100% PWC Wind energy production 147,248 11,110 - 3,629 3,629 161,987 2011 Vento IX LLC USA - 51% PWC Wind energy production 58,175 -1,043 - -109 -109 57,023 Horizon Wind Ventures IX LLC USA - 51% Unaudited Wind energy production 23,945 -3,042 - 1,574 1,574 22,476 EDPR Vento IV Holding LLC USA - 100% Unaudited Wind energy production 118,569 16,369 - 331 331 135,269 Headwaters Wind Farm LLC USA - 51% Unaudited Wind energy production 192,311 50,337 - 14,801 14,801 257,449 Lone Valley Solar Park I LLC USA - 50% PWC Photovoltaic energy production 20,274 1,389 - 283 283 21,946 Lone Valley Solar Park II LLC USA - 50% PWC Photovoltaic energy production 34,134 5,333 - 1,190 1,190 40,657 Rising Tree Wind Farm LLC USA - 51% PWC Wind energy production 78,012 33,069 - 9,993 9,993 121,074 Arbuckle Mountain Wind Farm LLC USA - 51% PWC Wind energy production 128,069 -6,638 - -1,625 -1,625 119,806 Hidalgo Wind Farm LLC USA - 100% PWC Wind energy production 274,895 -420 - 21,964 21,964 296,439 Rising Tree Wind Farm III LLC USA - 51% PWC Wind energy production 111,514 29,871 - 12,595 12,595 153,980 Rising Tree Wind Farm II LLC USA - 51% PWC Wind energy production 20,434 5,009 - 1,081 1,081 26,524 Wheat Field Holding LLC USA - 51% PWC Holding - -20,316 - -4 -4 -20,320 EDPR WF LLC USA - 100% Unaudited Wind energy production 43,543 - - - - 43,543 Sustaining Power Solutions LLC USA - 100% Unaudited Wind energy production 111,824 -76,371 - -28,943 -28,943 6,510 Green Power Offsets LLC USA - 100% Unaudited Wind energy production 9 -9 - - - - Arkwright Summit Wind Farm LLC USA - 100% PWC Wind energy production 161,204 3,445 - 1,471 1,471 166,120

Annual report 2022 Individual annual accounts 133 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL EDPR Vento I Holding LLC USA - 100% Unaudited Wind energy production 229,974 - - - - 229,974 Turtle Creek Wind Farm LLC USA - 100% PWC Wind energy production 236,466 11,395 - 2,295 2,295 250,156 Rio Blanco Wind Farm LLC USA - 100% Unaudited Wind energy production 2,716 -1 - - - 2,715 Plum Nellie Wind Farm LLC USA - 100% Unaudited Wind energy production - - - -6 -6 -6 Five-Spot LLC USA - 100% Unaudited Wind energy production - - - - - - Horizon Wind Chocolate Bayou I LLC USA - 100% Unaudited Wind energy production - - - - - - Alabama Ledge Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Ashford Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Alabama Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Blackford Country Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Esker Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Greenbow Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Holly Hill Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Pleasantville Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Mineral Springs Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Black Prairie Solar Park LLC USA - 100% Unaudited Photovoltaic energy production 891 - - - - 891 Duff Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Eastmill Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Lowloand Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - EDPR Wind Ventures X LLC USA - 100% Unaudited Wind energy production - 56,254 - 7,944 7,944 64,198 EDPR Wind Ventures XI LLC USA - 51% Unaudited Wind energy production 25,310 45,754 - 7,390 7,390 78,454 EDPR Wind Ventures XII LLC USA - 51% Unaudited Wind energy production 18,682 5,963 - 2,366 2,366 27,011 EDPR Wind Ventures XIII LLC USA - 51% Unaudited Wind energy production 61,802 27,950 - 7,201 7,201 96,953

Annual report 2022 Individual annual accounts 134 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL EDPR Wind Ventures XIV LLC USA - 51% Unaudited Wind energy production 24,101 28,289 - 8,163 8,163 60,553 Crossing Trails Wind Power Project LLC USA - 100% Unaudited Wind energy production 50,703 -18 - -1,206 -1,206 49,479 Moonshine Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Sedge Meadow Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Helena Harbor Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Headwaters Wind Farm III LLC USA - 100% Unaudited Wind energy production - - - - - - Loki Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Leprechaun solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Little brook Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Bright Stalk Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Crossing trails Wind Power Project II LLC USA - 100% Unaudited Wind energy production - - - - - - Headwaters Wind Farm IV LLC USA - 100% Unaudited Wind energy production - - - - - - Blackford country Wind farm LLC USA - 100% Unaudited Wind energy production - - - - - - Prospector Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Rye Patch Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Loblolly Hill solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Meadow lake Wind farm VIII LLC USA - 100% Unaudited Wind energy production - - - - - - Loyal Wind Farm LLC USA - 10% Unaudited Wind energy production - - - - - - Marathon wind Farm LLC USA - 100% Unaudited Wind energy production - - - -2 -2 -2 Cielo Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Quilt block Wind Farm II LLC USA - 100% Unaudited Wind energy production - - - - - - Shullsburg Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - -

Annual report 2022 Individual annual accounts 135 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Loma de la Gloria Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Wrangler Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - San clemente Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Indiana Crossroads Wind Farm II LLC USA - 100% Unaudited Wind energy production 23 - - -35 -35 -12 Bayou bend Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Poplar Camp Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Avondale Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Coldwater Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Meadow Lake Solar Park LLC USA - 100% Unaudited Photovoltaic energy production 12,014 - - -431 -431 11,583 Nine kings Transco LLC USA - 100% Unaudited Wind energy production - - - - - - Sweet Stream Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Blue Harvest Solar Park LLC USA - 100% Unaudited Photovoltaic energy production 2,668 - - -19 -19 2,648 Franklin Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Edpr South Table LLC USA - 100% Unaudited Wind energy production - - - - - - Casa Grande Carmel Solar LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Paulding Wind Farm V LLC USA - 100% Unaudited Wind energy production - - - - - - Waverly wind Farm II LLC USA - 100% Unaudited Wind energy production - - - - - - 2015 Vento XIV LLC USA - 51% PWC Wind energy production 210,856 -533 - -101 -101 210,223 2011 Vento X LLC USA - 100% PWC Wind energy production 73,974 -990 - -106 -106 72,878 Blue Marmot I LLC USA - 100% Unaudited Wind energy production - - - - - - Blue Marmot II LLC USA - 100% Unaudited Wind energy production - - - - - - Drake Peak Solar ParK LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Blue Marmot IV LLC USA - 100% Unaudited Wind energy production - - - - - - Blue Marmot V LLC USA - 100% Unaudited Wind energy production - - - - - -

Annual report 2022 Individual annual accounts 136 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Blue Marmot VI LLC USA - 100% Unaudited Wind energy production - - - - - - Blue Marmot VII LLc USA - 100% Unaudited Wind energy production - - - - - - 2014 Vento XI LLC USA - 51% PWC Wind energy production 192,298 -92 - -4 -4 192,201 EDPR Solar Ventures I LLC USA - 50% Unaudited Photovoltaic energy production 30,942 20,024 - 129 129 51,095 2014 Sol I LLC USA - 50% PWC Photovoltaic energy production 54,948 -503 - -70 -70 54,375 2014 Vento XII LLC USA - 51% PWC Wind energy production 98,441 -105 - -7 -7 98,329 2015 Vento XIII LLC USA - 51% PWC Wind energy production 240,287 -754 - -103 -103 239,430 2018 Vento XVIII LLC USA - 100% PWC Wind energy production 397,627 -331 - -92 -92 397,203 Blue Marmot IX LLC USA - 100% Unaudited Wind energy production - - - - - - Blue Marmot Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Blue Marmot XI LLC USA - 100% Unaudited Wind energy production - - - - - - Horse Mountain Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Blue Marmot II LLC USA - 100% Unaudited Wind energy production - - - - - - EDPR Wind Ventures XVIII LLC USA - 100% Unaudited Wind energy production 163,816 17,113 - 8,801 8,801 189,729 Riverstart Solar Park II LLC USA - 100% Unaudited Wind energy production - - - - - - Long Hollow Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - Castle Valley Wind Farm LLC USA - 100% Unaudited Wind energy production - - - - - - White Stone Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Riverstart Solar Park III LLC USA - 100% Unaudited Photovoltaic energy production 1,080 - - -38 -38 1,043 Dry Creek Solar Park LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Lost Lakes Wind Farm LLC USA - 100% Unaudited Wind energy production 101,609 3,253 - -5,021 -5,021 99,841 Riverstart Solar Park IV LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Riverstart Solar Park V LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Timber Road Solar Park LLC USA - 100% Unaudited Photovoltaic energy production 2,625 - - -24 -24 2,601 Paulding Wind Farm VI LLC USA - 100% Unaudited Wind energy production - - - - - -

Annual report 2022 Individual annual accounts 137 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Edpr Ca Solar Park LLC USA - 100% Unaudited Photovoltaic energy production 226 -6 - -13 -13 207 Edpr CA Solar Park II LLC USA - 100% Unaudited Photovoltaic energy production 25 - - -61 -61 -36 Edpr CA Solar Park III LLC USA - 100% Unaudited Photovoltaic energy production - - - -8 -8 -8 Edpr CA Solar Park IV LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Edpr CA Solar Park V LLC USA - 100% Unaudited Photovoltaic energy production - - - - - - Edpr CA Solar Park VI LLC USA - 100% Unaudited Photovoltaic energy production 179 -72 - -143 .143 -36 Soteria Solar Services LLC USA - 85% Unaudited Photovoltaic energy production 3,361 -110 - -123 -123 3,128 C2 O&M Services LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 Alpha Holdings LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 MA Managing Member LLC USA - 85% Unaudited Photovoltaic energy production 18,273 - - - - 18,273 Smart Suncribe LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - 2021 DG CA Agora Ventures I LLC USA - 85% Unaudited Photovoltaic energy production 283 - - - - 283 C2 WM Phase 3 Sponsor LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 WM Phase 3 Holdings LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 Lessee Holdings LLC USA - 85% Unaudited Photovoltaic energy production 1,942 - - - - 1,942 C2 NY Brookhaven LLC USA - 85% Unaudited Photovoltaic energy production 1,942 - - -32 -32 1,909 C2 CI Sponsor 2 LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 CI Holdings 2 LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 WM 2020 Parent LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 WM 2020 Holdings LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - NY CSG 2 Sponsor LLC USA - 85% Unaudited Photovoltaic energy production 1,887 -5 - - - 1,882

Annual report 2022 Individual annual accounts 138 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL NY CSG 2 Holdings LLC USA - 85% Unaudited Photovoltaic energy production 1,903 5,307 - -100 -100 7,109 East River Solar LLC USA - 85% Unaudited Photovoltaic energy production 1,694 - - -65 -65 1,629 Cortland-Virgil Road Solar LLC USA - 85% Unaudited Photovoltaic energy production 6,413 - - -420 -420 5,993 Mclean Solar 1 LLC USA - 85% Unaudited Photovoltaic energy production - -1,300 - - - -1,300 Mclean Solar 2 LLC USA - 85% Unaudited Photovoltaic energy production 6,236 -18 - -387 -387 5,830 Route 13 Solar LLC USA - 85% Unaudited Photovoltaic energy production 6,692 -77 - -337 -337 6,278 C2 CT Fund 1 MM LLC USA - 85% Unaudited Photovoltaic energy production 16,790 -141 771 -498 -498 16,922 Cortland-Virgil Road Solar LLC USA - 85% Unaudited Photovoltaic energy production 6,413 - - -420 -420 5,993 C2 CT Fund 1 Holding LLC USA - 85% Unaudited Photovoltaic energy production 33,410 11,878 - -326 -326 44,962 C2 WM Arizona 1 LLC USA - 85% Unaudited Photovoltaic energy production 968 -2 - -10 -10 956 C2 WM Arizona 2 LLC USA - 85% Unaudited Photovoltaic energy production 1,539 4 - -20 -20 1,524 C2 WM Arizona 3 LLC USA - 85% Unaudited Photovoltaic energy production 2,252 -4 - -19 -19 2,229 C2 WM Arizona 4 LLC USA - 85% Unaudited Photovoltaic energy production 1,777 -3 - -22 -22 1,753 C2 WM Arizona 5 LLC USA - 85% Unaudited Photovoltaic energy production 1,506 -3 - -17 -17 1,486 C2 WM Arizona 6 LLC USA - 85% Unaudited Photovoltaic energy production 1,912 8 - -29 -29 1,891 C2 WM Arizona 7 LLC USA - 85% Unaudited Photovoltaic energy production 2,202 -3 - -20 -20 2,179 C2 WM Arizona 8 LLC USA - 85% Unaudited Photovoltaic energy production 2,106 1 - -22 -22 2,084 C2 WM Arizona 9 LLC USA - 85% Unaudited Photovoltaic energy production 1,990 -5 - -20 -20 1,965 C2 WM Arizona 10 LLC USA - 85% Unaudited Photovoltaic energy production 725 1 - -8 -8 717 C2 WM Laurens Leasing LLC USA - 85% Unaudited Photovoltaic energy production 2,058 19 - -79 -79 1,997 C2 WM New Jersey 1 LLC USA - 85% Unaudited Photovoltaic energy production 5,209 -23 - 96 96 5,282

Annual report 2022 Individual annual accounts 139 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL C2 RI Hopkinton LLc USA - 85% Unaudited Photovoltaic energy production 2,874 14 - -17 -17 2,872 Blissville Road LLC USA - 85% Unaudited Photovoltaic energy production 2,111 -11 - 11 11 2,111 Route 149 LLC USA - 85% Unaudited Photovoltaic energy production 2,430 -13 - -11 -11 2,407 Shields Drive LLC USA - 85% Unaudited Photovoltaic energy production 2,335 -14 - -23 -23 2,299 Upper Road LLC USA - 85% Unaudited Photovoltaic energy production 2,216 -8 - -4 -4 2,205 C2 Woodbury Solar LLC USA - 85% Unaudited Photovoltaic energy production 9,359 - - -19 -19 9,340 MN CSG 2 LLC USA - 85% Unaudited Photovoltaic energy production 9,308 -68 - -46 -46 9,194 C2 WM DSA Sponsor LLC USA - 85% Unaudited Photovoltaic energy production - -1,839 95 -415 -415 -2,159 C2 WM Arizona 9 LLC USA - 85% Unaudited Photovoltaic energy production 1,990 -5 - -20 -20 1,965 C2 WM Arizona 10 LLC USA - 85% Unaudited Photovoltaic energy production 725 1 - -8 -8 717 C2 WM Laurens Leasing LLC USA - 85% Unaudited Photovoltaic energy production 2,058 19 - -79 -79 1,997 C2 WM New Jersey 1 LLC USA - 85% Unaudited Photovoltaic energy production 5,209 -23 - 96 96 5,282 C2 Centrica MT LLC USA - 85% Unaudited Photovoltaic energy production 736 13,829 - -13 -13 14,552 C2 WM DSA Holdings LLC USA - 85% Unaudited Photovoltaic energy production 12,077 -6,118 - 448 448 6,406 C2 WM Arizona 1549 LLC USA - 85% Unaudited Photovoltaic energy production 1,241 7 - 42 42 1,290 C2 WM Arizona 2112 LLC USA - 85% Unaudited Photovoltaic energy production 855 2 - 26 26 883 C2 WM Arizona 3360 LLC USA - 85% Unaudited Photovoltaic energy production 882 2 - 22 22 906 C2 WM Arizona 3465 LLC USA - 85% Unaudited Photovoltaic energy production 857 23 - 28 28 909 C2 WM Arizona 3799 LLC USA - 85% Unaudited Photovoltaic energy production 983 12 - 31 31 1,026 C2 WM Arizona 3833 LLC USA - 85% Unaudited Photovoltaic energy production 990 11 - 28 28 1,029 C2 WM Arizona 3861 LLC USA - 85% Unaudited Photovoltaic energy production 1,266 11 - 31 31 1,307

Annual report 2022 Individual annual accounts 140 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL C2 WM Arizona 4451 LLC USA - 85% Unaudited Photovoltaic energy production 1,018 - - 26 26 1,044 C2 WM California 1789 LLC USA - 85% Unaudited Photovoltaic energy production 696 6 - 33 33 735 C2 WM California 1988 LLC USA - 85% Unaudited Photovoltaic energy production 485 1 - 21 21 506 C2 WM California 4202 LLC USA - 85% Unaudited Photovoltaic energy production 336 - - 2 2 338 C2 WM California 4317 LLC USA - 85% Unaudited Photovoltaic energy production 625 - - - - 625 C2 WM California 5890 LLC USA - 85% Unaudited Photovoltaic energy production 645 2 - 8 8 655 C2 WM Illinois 253 LLC USA - 85% Unaudited Photovoltaic energy production 1,169 -9 - 172 172 1,331 C2 WM Illinois 612 LLC USA - 85% Unaudited Photovoltaic energy production 762 -5 - 5 5 761 C2 WM Illinois 891 LLC USA - 85% Unaudited Photovoltaic energy production 892 -11 - 165 165 1,045 C2 WM Illinois 1404 LLC USA - 85% Unaudited Photovoltaic energy production 909 - - 130 130 1,039 C2 WM Illinois 1489 LLC USA - 85% Unaudited Photovoltaic energy production 703 -3 - 90 90 790 C2 WM Illinois 1548 LLC USA - 85% Unaudited Photovoltaic energy production 703 -6 - -16 -16 681 C2 WM Illinois 1553 LLC USA - 85% Unaudited Photovoltaic energy production 690 -5 - 117 117 801 C2 WM Illinois 1761 LLC USA - 85% Unaudited Photovoltaic energy production 819 -7 - 87 87 899 C2 WM Illinois 1848 LLC USA - 85% Unaudited Photovoltaic energy production 631 -9 - 140 140 762 C2 WM Illinois 1933 LLC USA - 85% Unaudited Photovoltaic energy production 702 -9 - 127 127 820 C2 WM Illinois 2215 LLC USA - 85% Unaudited Photovoltaic energy production 787 -22 - 141 141 906 C2 WM Illinois 2491 LLC USA - 85% Unaudited Photovoltaic energy production 1,046 -11 - 185 185 1,219 C2 WM Illinois 5442 LLC USA - 85% Unaudited Photovoltaic energy production 576 -7 - 83 83 653 C2 WM Lousiana 87 LLC USA - 85% Unaudited Photovoltaic energy production 529 4 - 3 3 536 C2 WM Lousiana 309 LLC USA - 85% Unaudited Photovoltaic energy production 218 - - -1 -1 217

Annual report 2022 Individual annual accounts 141 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL C2 WM Lousiana 539 LLC USA - 85% Unaudited Photovoltaic energy production 219 - - -1 -1 218 C2 Energy Holdings Inc. USA - 85% Unaudited Photovoltaic energy production - - - -20 -20 -20 C2 Energy Development LLC USA - 85% Unaudited Photovoltaic energy production 42,084 -87 - -262 -262 41,735 Amsterdam 3 Solar LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 MN Hopkins LLC USA - 85% Unaudited Photovoltaic energy production 3,114 - - -3 -3 3,111 C2 NC Kitty Hawk LLC USA - 85% Unaudited Photovoltaic energy production 28 - - -28 -28 - C2 NJ Andover I LLC USA - 85% Unaudited Photovoltaic energy production - 909 - 90 90 999 C2 NY Sentinel Heights Solar LLC USA - 85% Unaudited Photovoltaic energy production 928 - - -17 -17 911 C2 OH New Lebanon LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 OH Otsego I LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 OH Otsego II LLC USA - 85% Unaudited Photovoltaic energy production 39 1,538 - -193 -193 1,384 C2 SH 2019 LLC USA - 85% Unaudited Photovoltaic energy production 2,115 - - - - 2,115 EDPR NA DG MN YMCA LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - CA Marinwood Solar LLC USA - 85% Unaudited Photovoltaic energy production 50 - - - - 50 CA Olde Thompson Solar LLC USA - 85% Unaudited Photovoltaic energy production - -223 - -38 -38 -262 MidCoast C2 Solar LLC USA - 85% Unaudited Photovoltaic energy production 7 - - - - 7 NJ GSEB Fal Solar LLC USA - 85% Unaudited Photovoltaic energy production 2 - - -4 -4 -2 NY Hemlock Hills solar LLC USA - 85% Unaudited Photovoltaic energy production 6 - - -6 -6 - NY Mines Press Solar LLC USA - 85% Unaudited Photovoltaic energy production - -3,850 - - - -3,850 NY Morgan Solar LLC USA - 85% Unaudited Photovoltaic energy production -8 - - 1 1 -6 NY OG 1 Solar LLC USA - 85% Unaudited Photovoltaic energy production 5,560 - - - - 5,560

Annual report 2022 Individual annual accounts 142 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Omega CSG 1 LLC USA - 85% Unaudited Photovoltaic energy production 1,496 2,492 49 -533 -533 3,504 Penn Yan Solar I LLC USA - 85% Unaudited Photovoltaic energy production 7,429 - - -269 -269 7,160 RI Abrava Solar LLC USA - 85% Unaudited Photovoltaic energy production 378 - - -77 -77 301 RI Stainless LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - Strawberry Solar Farm LLC USA - 85% Unaudited Photovoltaic energy production 2,307 - - -58 -58 2,249 VT Stone Valley LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 WM Holdings LLC USA - 85% Unaudited Photovoltaic energy production 30 - - - - 30 C2 WM Arizona Holdings LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 WM California Holdings LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 WM Illinois Holdings LLC USA - 85% Unaudited Photovoltaic energy production 29 - - 3 3 32 C2 WM Louisiana Holdings LLC USA - 85% Unaudited Photovoltaic energy production -2 2 - - - - C2 WM Maryland Holdings LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 WM New Jersey Holdings LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 WM Regent Dev Holdings 2020 LLC USA - 85% Unaudited Photovoltaic energy production - 15 - -14 -14 1 C2 WM Arizona 1512 LLC USA - 85% Unaudited Photovoltaic energy production 679 - - - - 679 C2 WM Arizona 5768 LLC USA - 85% Unaudited Photovoltaic energy production 292 - - 1 1 293 C2 WM Maryland 1715 LLC USA - 85% Unaudited Photovoltaic energy production 270 -1 - 4 4 273 C2 WM Maryland 2436 LLC USA - 85% Unaudited Photovoltaic energy production 64 -2 - 10 10 72 C2 WM New Jersey 1807 LLC USA - 85% Unaudited Photovoltaic energy production 631 - - - - 631 C2 WM New Jersey 1844 LLC USA - 85% Unaudited Photovoltaic energy production 626 - - - - 626 C2 WM New Jersey 1869 LLC USA - 85% Unaudited Photovoltaic energy production 642 - - - - 642

Annual report 2022 Individual annual accounts 143 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL C2 WM New Jersey 1977 LLC USA - 85% Unaudited Photovoltaic energy production 637 - - - - 637 C2 WM New Jersey 2195 LLC USA - 85% Unaudited Photovoltaic energy production 1,096 - - 4 4 1,100 C2 WM New Jersey 3795 LLC USA - 85% Unaudited Photovoltaic energy production 1,235 - - - - 1,235 C2 Rho LLC USA - 85% Unaudited Photovoltaic energy production 34,947 1,263 - 893 893 37,104 C2-REA Solar LLC USA - 85% Unaudited Photovoltaic energy production 9,211 -736 - -2 -2 8,473 C2 CA 2016 Holdings LLC USA - 85% Unaudited Photovoltaic energy production 1,249 153 - -12 -12 1,390 REA-C2 2016 Lessee LLC USA - 85% Unaudited Photovoltaic energy production 7,064 234 - 4 4 7,302 Camden PV Solar LLC USA - 85% Unaudited Photovoltaic energy production 7,249 -500 - -296 -296 6,453 C2 MA Managing Member II LLC USA - 85% Unaudited Photovoltaic energy production 2,700 - - 1 1 2,701 C2 MA FKW Holdings LLC USA - 85% Unaudited Photovoltaic energy production 2,701 -30 - -67 -67 2,604 RevEnergy C2 Franklin LLC USA - 85% Unaudited Photovoltaic energy production 1,702 29 - -61 -61 1,670 C2 MA Kelly Way Solar LLC USA - 85% Unaudited Photovoltaic energy production 1,129 -32 - -4 -4 1,093 C2 MA Lakeville Sponsor LLC USA - 85% Unaudited Photovoltaic energy production 7,608 - - - - 7,608 C2 MA Lakeville Holdings LLC USA - 85% Unaudited Photovoltaic energy production 7,608 553 - -28 -28 8,134 C2 MA Lakeville LLC USA - 85% Unaudited Photovoltaic energy production 8,111 -146 - -26 -26 7,939 C2 MA DEPCOM Sponsor LLC USA - 85% Unaudited Photovoltaic energy production 3,635 - - - - 3,635 C2 MA DEPCOM 2017 LLC USA - 85% Unaudited Photovoltaic energy production 3,635 1,286 - 38 38 4,960 C2 MA Adams II LLC USA - 85% Unaudited Photovoltaic energy production 1,754 46 - -66 -66 1,734 C2 MA New Salem LLC USA - 85% Unaudited Photovoltaic energy production 1,326 32 - -2 -2 1,356 C2 MA Dudley II LLC USA - 85% Unaudited Photovoltaic energy production 1,552 -29 - -132 -132 1,391 Norton Solar I LLC USA - 85% Unaudited Photovoltaic energy production 1,531 55 - 156 156 1,743

Annual report 2022 Individual annual accounts 144 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Norton Solar II LLC USA - 85% Unaudited Photovoltaic energy production 1,660 19 - 33 33 1,712 C2 Starrtt Sponsor LLC USA - 85% Unaudited Photovoltaic energy production 16,975 - - - - 16,975 C2 CB 2017 Holdings LLC USA - 85% Unaudited Photovoltaic energy production 16,975 997 - -602 -602 17,370 C2 Scripps 1 LLC USA - 85% Unaudited Photovoltaic energy production 1,365 -25 - -65 -65 1,275 C2 Scripps 4 LLC USA - 85% Unaudited Photovoltaic energy production 1,257 -11 - -37 -37 1,209 C2 Starratt Solar LLC USA - 85% Unaudited Photovoltaic energy production 13,194 -92 - -216 -216 12,886 C2 WM Greenwood Leasing LLC USA - 85% Unaudited Photovoltaic energy production 360 1 - 4 4 365 C2 WM Powdersville Leasing LLC USA - 85% Unaudited Photovoltaic energy production 563 -1 - -15 -15 547 C2 WM Simpsonville Leasing LLC USA - 85% Unaudited Photovoltaic energy production 717 1 - -3 -3 715 C2 MA Owner LLC USA - 85% Unaudited Photovoltaic energy production 18,273 488 - 1 1 18,761 C2 MA Adams I Holdings LLC USA - 85% Unaudited Photovoltaic energy production 10,203 394 - -205 -205 10,392 C2 MA Adams I LLC USA - 85% Unaudited Photovoltaic energy production 10,157 -187 - -436 -436 9,534 C2 MA Swansea Holdings LLC USA - 85% Unaudited Photovoltaic energy production 5,955 260 - -159 -159 6,056 C2 MA Swansea LLC USA - 85% Unaudited Photovoltaic energy production 6,403 -218 - 198 198 6,383 C2 MA 2016 Holdings LLC USA - 85% Unaudited Photovoltaic energy production 1,646 62 - 12 12 1,720 RS Holyoke 3 LLC USA - 85% Unaudited Photovoltaic energy production 1,661 -51 - -44 -44 1,566 C2 Franklin LLC USA - 85% Unaudited Photovoltaic energy production 3,127 -5 - - - 3,122 C2 Gamma Holdings LLC USA - 85% Unaudited Photovoltaic energy production 3,127 -2 - -70 -70 3,056 C2 Morin LLC USA - 85% Unaudited Photovoltaic energy production 1,586 -18 - -82 -82 1,486 SLX Project 1080 LLC USA - 85% Unaudited Photovoltaic energy production 1,475 30 - 43 43 1,547 C2 WM Leasing LLC USA - 85% Unaudited Photovoltaic energy production 1,465 - - - - 1,465

Annual report 2022 Individual annual accounts 145 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL C2 WM Phase I Holdings LLC USA - 85% Unaudited Photovoltaic energy production 1,418 33 - -3 -3 1,448 C2 WM Chester Leasing LLC USA - 85% Unaudited Photovoltaic energy production 237 - - -18 -18 219 C2 WM Indian Land Leasing LLC USA - 85% Unaudited Photovoltaic energy production 497 -2 - -33 -33 462 C2 WM Lake Wylie Leasing LLC USA - 85% Unaudited Photovoltaic energy production 508 -3 - -30 -30 475 C2 WM Pickens Leasing LLC USA - 85% Unaudited Photovoltaic energy production 195 -1 - 13 13 207 C2 Bristol I LLC USA - 85% Unaudited Photovoltaic energy production 387 - - -9 -9 378 C2 CA WMS Redlands #1693 LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - C2 CA WMS Bloomington#3 459 LLC USA - 85% Unaudited Photovoltaic energy production 17 - - - - 17 C2 IL WMS Skokie #1998 LLC USA - 85% Unaudited Photovoltaic energy production 15 - - - - 15 2021 DG Apollo Sol II LLC USA - 85% Unaudited Photovoltaic energy production - -71 - 71 71 - 2021 DG Apollo Ventures II LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - RI Sposato Solar LLC USA - 85% Unaudited Photovoltaic energy production 66 - - - - 66 RSBF E470 I LLC USA - 85% Unaudited Photovoltaic energy production 1,034 -5 - 87 87 1,117 C2 Bristol II LLC USA - 85% Unaudited Photovoltaic energy production 331 - - - - 331 C2 Omega Holding Company LLC USA - 85% Unaudited Photovoltaic energy production - - - -8 -8 -8 C2 WM California 2039 LLC USA - 85% Unaudited Photovoltaic energy production 61 - - -61 -61 - C2 WM California 5884 LLC USA - 85% Unaudited Photovoltaic energy production 18 - - -18 -18 - Camden PV PSEG Solar LLC USA - 85% Unaudited Photovoltaic energy production 102 -10 - -49 -49 43 EDPR NA DG MN SLP LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - Me Dover Foxcroft Solar LLC USA - 85% Unaudited Photovoltaic energy production 406 - - -1 -1 405 ME Ellsworth Solar LLC USA - 85% Unaudited Photovoltaic energy production 611 - - -1 -1 610

Annual report 2022 Individual annual accounts 146 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL ME Punky Meadows Solar LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - ME Rocky Hill Solar LLC USA - 85% Unaudited Photovoltaic energy production 123 - - - - 123 ME Sandy Hill Solar LLC. USA - 85% Unaudited Photovoltaic energy production 147 - - - - 147 NH Hinsdale Solar LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - New Scotland 5 Solar LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - CA Gettysburg Solar Farm LLC USA - 85% Unaudited Photovoltaic energy production 1,646 - - - - 1,646 CA Syracuse Solar LLC USA - 85% Unaudited Photovoltaic energy production 43 - - - - 43 CA Tours Solar LLC USA - 85% Unaudited Photovoltaic energy production - - - -1 -1 -1 2021 DG CA Apollo Sol II LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - 2021 DG CA Apollo Ventures II LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - 2021 DG Agora Sol I LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - NC Loy Farm Solar LLC USA - 85% Unaudited Photovoltaic energy production -22 - - -25 -25 -47 NV Solar Sparks LLC USA - 85% Unaudited Photovoltaic energy production 1 - - - - 1 RSBF Jeffco II LLC USA - 85% Unaudited Photovoltaic energy production 371 - - -3 -3 368 2021 DG Agora Ventures I LLC USA - 85% Unaudited Photovoltaic energy production 5,071 - - -38 -38 5,033 2021 DG CA Agora Sol I LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - 2021 DG Agora Holdings LLC USA - 85% Unaudited Photovoltaic energy production - -5.258 - - - -5,258 DC-JD Portfolio-818 Michigan USA - 85% Unaudited Photovoltaic energy production 2 - - -3 -3 -1 DC-JD Portfolio-Barref Roof USA - 85% Unaudited Photovoltaic energy production 1 - - - - 1 DC-JD Portfolio-Flat Roof USA - 85% Unaudited Photovoltaic energy production 1 - - - - 1 ME New Vineyard Solar LLC USA - 85% Unaudited Photovoltaic energy production 109 - - - - 109

Annual report 2022 Individual annual accounts 147 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL DC-JD Portfolio-Green Roof USA - 85% Unaudited Photovoltaic energy production 2 - - - - 2 DC-JD Portfolio- Parking Deck USA - 85% Unaudited Photovoltaic energy production 2 - - - - 2 Creed Road Solar 1 LLC USA - 85% Unaudited Photovoltaic energy production 3 - - - - 3 German Comunity Solar LLC USA - 85% Unaudited Photovoltaic energy production 4,573 - - -82 -82 4,491 Gilpatrick Solar LLC USA - 85% Unaudited Photovoltaic energy production 562 - - - - 562 North Coast Highway Solar 1 LLC USA - 85% Unaudited Photovoltaic energy production 13 - - - - 13 North Coast Highway Solar 2 LLC USA - 85% Unaudited Photovoltaic energy production 34 - - - - 34 Parkman Solar DG LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - Piscataquis Valley Solar LLC USA - 85% Unaudited Photovoltaic energy production 354 - - - - 354 Waterville Solar LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - NY-Postdam I USA - 85% Unaudited Photovoltaic energy production 2,753 - - -19 -19 2,734 2021 DG CA Agora Holdings LLC USA - 85% Unaudited Photovoltaic energy production 50 - - - - 50 RI-Comolli USA - 85% Unaudited Photovoltaic energy production - - - - - - RI-Moo Cow USA - 85% Unaudited Photovoltaic energy production 1,334 - - 3 3 1,337 EDPRNA DG WM Illinois 1998 LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - SC Heathwood Hall Solar LLC USA - 85% Unaudited Photovoltaic energy production 1 - - - - 1 SC Southern Wesleyan Solar LLC USA - 85% Unaudited Photovoltaic energy production 1 - - - - 1 VA-Green Acres USA - 85% Unaudited Photovoltaic energy production 8 - - - - 8 SC Beaufort Jasper Solar LLC USA - 85% Unaudited Photovoltaic energy production 5 - - -1 -1 4 EDPRNA DG WM Illinois 3459 LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - MT Plentywood Solar I LLC USA - 85% Unaudited Photovoltaic energy production - - - - - -

Annual report 2022 Individual annual accounts 148 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL MT Plentywood Solar II LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - ND Crystal Solar I LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - DC Green Solar LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - DC PD Solar LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - Morgan Road Solar West LLC USA - 85% Unaudited Photovoltaic energy production 2,142 - - -23 -23 2,119 Morgan Road Solar East LLC USA - 85% Unaudited Photovoltaic energy production 2,359 - - -22 -22 2,337 NY Gomer SAS LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - NY Broadway SAS LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - NY Highlana SAS LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - AZ Mohave Solar LLC USA - 85% Unaudited Photovoltaic energy production 641 - - - - 641 RI Quarry Solar LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - DC Michigan Solar LLC USA - 85% Unaudited Photovoltaic energy production - - - - - - EDP Renewables Canada LTD. Canada 100% - Unaudited Holding 100,150 -136 32 -2,663 -2,663 97,383 EDP Renewables Sharp Hills Project LP Canada - 100% Unaudited Wind energy production 12,873 -739 1,614 -862 -862 12,886 SBWF GP Inc. Canada - 51% Unaudited Wind energy production - 1 - - - 1 South Dundas Wind Farm LP Canada - 51% PWC Wind energy production 3,368 20,799 -234 3,599 3,599 27,532 Nation Rise Wind Farm LP Canada - 51% Unaudited Wind energy production 50,264 -876 -2,709 1,091 1,091 47,770 Nation Rise Wind Farm GP Inc. Canada - 100% Unaudited Wind energy production 1 -12 - -6 -6 -17 South Branch Wind Farm II GP Inc. Canada - 100% Unaudited Wind energy production - - - - - - South Branch Wind Farm II LP Canada - 100% Unaudited Wind energy production 269 -445 - 7 7 -169 EDP Renewables Sharp Hills Project GP Ltd. Canada - 100% Unaudited Wind energy production - - - - - -

Annual report 2022 Individual annual accounts 149 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Edp Renewables Canada Management Services LTD Canada - 100% Unaudited Holding - -2,644 - - - -2,644 Edp Renewables Sask Se GP Ltd Canada - 100% Unaudited Wind energy production - - - - - - Edp Renewables Sask SE Limited Partnership Canada - 100% Unaudited Wind energy production - -562 - -154 -154 -716 Kennedy Wind farm GP Ltd Canada - 100% Unaudited Wind energy production - - - - - - Keneedy Wind farm Limited Partnership Canada - 100% Unaudited Wind energy production - -216 - 2 2 -215 Bromhead Solar Park Gp Ltd Canada - 100% Unaudited Photovoltaic energy production - - - - - - Bromhead Solar Park Limited Partnership Canada - 100% Unaudited Photovoltaic energy production - -216 - 2 2 -215 Halbrite Solar Park Gp Ltd Canada - 100% Unaudited Photovoltaic energy production - - - - - - Halbrite Solar Park Limited Partnership Canada - 100% Unaudited Photovoltaic energy production - -216 - 2 2 -215 Blue Bridge Solar Park Gp Ltd Canada - 100% Unaudited Photovoltaic energy production - - - - - - Blue bridge Solar Park Limited Partnership Canada - 100% Unaudited Photovoltaic energy production - -216 - 2 2 -215 Edp Renewables Sh II Project GP Ltd Canada - 100% Unaudited Wind energy production - - - - - - Edp Renewables Sh II Project GP Ltd Canada - 100% Unaudited Wind energy production - - - - - - Eolos Energia,S.A.S E.S.P Colombia 100% - PWC Wind energy production 3,586 32,114 3,346 -4,340 -4,340 34,707 Vientos del Norte,S.A.S, E.S.P Colombia 100% - PWC Wind energy production 3,005 26,998 3,300 -3,633 -3,633 29,670 Solar Power Solutions,S.A.S E.S.P Colombia 100% - PWC Photovoltaic energy production 228 1,659 - -440 -440 1,447 Elipse Energia ,S.A.S E.S.P Colombia - 100% Unaudited Photovoltaic energy production 56 90 - -438 -438 -292 Omega Energia S.A.S E.S.P Colombia - 100% Unaudited Photovoltaic energy production 56 90 - -436 -436 -291 Kappa Energia,S.A.S.E. S.P Colombia - 100% Unaudited Photovoltaic energy production 56 90 - -436 -436 -291

Annual report 2022 Individual annual accounts 150 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Edpr Vietnam Company Limited Vietman 100% - PWC Holding 279 - - -993 -993 -715 Trun Son Energy Development LLC Vietman - 100% PWC Photovoltaic energy production 7,620 903 - -350 -350 8,174 Trung Song SG Pte Ltd Singapur 100% - PWC Photovoltaic energy production 9,425 -68 - -67 -67 9,290 LYS Energy Investment Pte Ltd Vietman - 100% PWC Photovoltaic energy production 9,425 -1,718 - 120 120 7,827 EDP Renewables Chile,SpA Chile 100% - Unaudited Holding 3,497 - - -315 -315 3,182 Los Llanos Solar,SpA Chile - 100% Unaudited Photovoltaic energy production 1 - - -450 -450 -449 Parque Eólico Punta de Talca,SpA Chile - 100% Unaudited Wind energy production 317 -272 - -704 -704 -659 Parque Eólico San Andrés, SpA Chile - 100% Unaudited Wind energy production 388 -368 - -333 -333 -313 Parque Eólico Victoria,SpA Chile - 100% Unaudited Wind energy production 1,158 -1,107 - -297 -297 -247 OMA Haedori Co,Ltd Korea - 60% Unaudited Wind energy production 370 -9 - -430 -430 -70 EDP Renováveis Brasil, S.A. Brazil 100% - PWC Holding 337,470 46,063 1,359 12,349 12,349 397,241 Central Nacional de Energia Eólica, S.A. Brazil - 51% PWC Wind energy production 1,964 52 - 1,276 1,276 3,292 Elebrás Projetos, S.A. Brazil - 51% PWC Wind energy production 16,447 339 - 8,878 8,878 25,664 Central Eólica Baixa do Feijão I, S.A. Brazil - 51% PWC Wind energy production 6,215 1,854 - 264 264 8,333 Central Eólica Baixa do Feijão II, S.A. Brazil - 51% PWC Wind energy production 6,426 1,888 - 420 420 8,734 Central Eólica Baixa do Feijão III, S.A. Brazil - 51% PWC Wind energy production 10,684 359 - -73 -73 10,970 Central Eólica Baixa do Feijão IV, S.A. Brazil - 51% PWC Wind energy production 7,042 1,184 - 145 145 8,370 Central Eólica JAU, S.A. Brazil - 51% PWC Wind energy production 27,583 7,264 - 1,924 1,924 36,771 Central Eólica Aventura I, S.A. Brazil - 51% PWC Wind energy production 12,944 555 - 805 805 14,304 Central Eólica Aventura II, S.A. Brazil - 100% PWC Wind energy production 4,948 -585 - 2,248 2,248 6,611 Central Eólica Boqueirao I,S.A. Brazil - 100% PWC Wind energy production 15,881 -6 - -12 -12 15,864 Central Eólica Boqueirao II, S.A. Brazil - 100% PWC Wind energy production 11,132 -4 - -8 -8 11,120

Annual report 2022 Individual annual accounts 151 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Central Eólica Catanduba I, S.A. Brazil - 100% PWC Wind energy production - -5 - -177 -177 -182 Central Eólica Catadunba II, S.A. Brazil - 100% PWC Wind energy production - -5 - -6 -6 -11 Jerusalém Holding,S.A Brazil - 100% PWC Holding 9,067 -76 - -98 -98 8,893 Central Eólica Monte Verde VI,S.A Brazil - 100% PWC Wind energy production 1,935 -10 - -19 -19 1,906 Monte Verde holding,S.A Brazil - 100% PWC Holding 15,343 -64 - -127 -127 15,152 Central Eóílica Aventura III,S.A Brazil - 100% PWC Wind energy production 6,299 -688 - 2,770 2,770 8,381 Central Eólica Aventura IV,S.A Brazil - 100% PWC Wind energy production 7,802 -725 - 2,891 2,891 9,968 Central Eólica Aventura V,S.A Brazil - 100% PWC Wind energy production 6,936 -586 - 2,338 2,338 8,688 Srmn Holding S,A Brazil - 100% PWC Holding 42,959 -376 - 1,039 1,039 43,623 Central Eólica Srmn I,S.A Brazil - 100% PWC Wind energy production 8,576 -38 - -164 -164 8,374 Central Eólica Srmn II,S.A Brazil - 100% PWC Wind energy production 13,216 -296 - 1,151 1,151 14,070 Central Eólica Srmn III,S.A Brazil - 100% PWC Wind energy production 8,591 -31 - -158 -158 8,402 Central Eólica Srmn IV,S.A Brazil - 100% PWC Wind energy production 8,818 -30 - -150 -150 8,638 Central Eólica Srmn V,S.A Brazil - 100% PWC Wind energy production 6,552 -112 - 387 387 6,826 Central Solar Lagoa I, S.A Brazil - 100% Unaudited Photovoltaic energy production 81 - - -1 -1 80 Central Solar Lagoa II, S.A Brazil - 100% Unaudited Photovoltaic energy production 81 - - -1 -1 80 Aventura Holding,S.A Brazil - 100% PWC Holding 20,243 -2,585 - 10,224 10,224 27,882 Central Eólica Monte Verde I,S.A Brazil - 100% PWC Wind energy production 3,264 -11 - -20 -20 3,233 Central Eólica Monte Verde II,S.A Brazil - 100% PWC Wind energy production 3,218 -7 - -19 -19 3,193 Central Eólica Monte Verde III,S.A Brazil - 100% PWC Wind energy production 2,928 -10 - -19 -19 2,899 Central Eólica Monte Verde IV,S.A Brazil - 100% PWC Wind energy production 2,302 -9 - -16 -16 2,277 Central Eólica Monte Verde V,S.A Brazil - 100% PWC Wind energy production 1,667 -2 - -15 -15 1,649 Central Solar Pereira Barreto I,LTDA. Brazil - 100% PWC Photovoltaic energy production 6,231 -499 - 1,762 1,762 7,494 Central Solar Pereira Barreto II,LTDA. Brazil - 100% PWC Photovoltaic energy production 16,259 -580 - 1,734 1,734 17,414

Annual report 2022 Individual annual accounts 152 THOUSAND EUROS GROUP COMPANIES REGISTERED OFFICE DIRECT % INDIRECT % AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Central Solar Pereira Barreto III,LTDA. Brazil - 100% PWC Photovoltaic energy production 5,507 -366 - 1,301 1,301 6,441 Central Solar Pereira Barreto IV,LTDA. Brazil - 100% PWC Photovoltaic energy production 8,676 -442 - 1,066 1,066 9,300 Central Solar Pereira Barreto V,LTDA. Brazil - 100% PWC Photovoltaic energy production 2,224 -86 - -20 -20 2,119 Central Eólica Jerusalém I,S.A Brazil - 100% PWC Wind energy production 1,568 -13 - -16 -16 1,539 Central Eólica Jerusalém II,S.A Brazil - 100% PWC Wind energy production 1,429 -10 - -12 -12 1,406 Central Eólica Jerusalém III,S.A Brazil - 100% PWC Wind energy production 1,539 -11 - -16 -16 1,512 Central Eólica Jerusalém IV,S.A Brazil - 100% PWC Wind energy production 1,420 -11 - -12 -12 1,397 Central Eólica Jerusalém V,S.A Brazil - 100% PWC Wind energy production 1,422 -11 - -12 -12 1,399 Central Eólica Jerusalém VI,S.A Brazil - 100% PWC Wind energy production 1,667 -11 - -13 -13 1,643 Central Eólica Amanhecer I,S.A Brazil - 100% Unaudited Wind energy production - - - - - - Central Eólica Amanhecer II,S.A Brazil - 100% Unaudited Wind energy production - - - - - - Central Eólica Amanhecer III,S.A Brazil - 100% Unaudited Wind energy production - - - - - - Central Eólica Amanhecer IV,S.A Brazil - 100% Unaudited Wind energy production - - - - - - Central Eólica Amanhecer V,S.A Brazil - 100% Unaudited Wind energy production - - - - - - Central Eólica Amanhecer VI,S.A Brazil - 100% Unaudited Wind energy production - - - - - - Central Eólica Amanhecer VII,S.A Brazil - 100% Unaudited Wind energy production - - - - - - Central Solar Novo Oriente I,S.A Brazil - 100% Unaudited Photovoltaic energy production - - - - - - Central Solar Novo Oriente II,S.A Brazil - 100% Unaudited Photovoltaic energy production - - - - - - Central Solar Novo Oriente III,S.A Brazil - 100% Unaudited Photovoltaic energy production - - - - - - Central Solar Novo Oriente IV,S.A Brazil - 100% Unaudited Photovoltaic energy production - - - - - - Central Solar Novo Oriente V,S.A Brazil - 100% Unaudited Photovoltaic energy production - - - - - -

Annual report 2022 Individual annual accounts 154 THOUSAND EUROS JOINTLY CONTROLLED ENTITIES AND ASSOCIATES REGISTERE D OFFICE % DIRECT % INDIRECT AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL Biomasas del Pirineo, S.A. Huesca, Spain - 30% Unaudited Biomass electricity production 455 -217 - - - 238 Sistemas Eólicos tres Cruces,S.L Soria, Spain - 25% Unaudited Wind energy production 50 -19 - - - 31 Desarrollos Energéticos del Val,S.l Soria, Spain - 25% Unaudited Wind energy production 137 153 - - - 290 Parque Eólico Sierra del Madero, S.A. Soria, Spain - 42% Kpmg Wind energy production 7,194 26,218 - 7,766 7,766 41,178 Desarrollos Eólicos de Canarios, S.A. Las Palmas de Gran Canaria, Spain - 45% PWC Wind: Wind farm development 1,817 635 - 3,631 3,631 6,083 Solar Siglo XXI, S.A. Ciudad Real, Spain - 25% Unaudited Wind energy production 80 -18 - - - 62 Parque Eólico Belmonte, S.A. Madrid, Spain - 30% Kpmg Wind energy production 120 8,114 - 1,278 1,278 9,512 OW Offshore,S.L Spain 50% - PWC Wind energy production 57,520 611,659 3,188 34,902 34,902 707,268 Eólica de Sao juliao,lda Portugal - 45% Unaudited Wind energy production 500 2,285 -11,987 -2,724 -2,724 -11,927 Evolución 2000,S.L Spain - 49,% PWC Wind energy production 118 19,846 - 3,936 3,936 23,900 Desarrollos energéticos Canarias, S.A Spain - 50% Unaudited Wind: Wind farm development 15 -25 - - - -10 Eox Pax lla,S.L Spain - 48,5% Deloitte Wind energy production 6 434 -3,774 2,872 2,872 462 Geólica Magallón,S.L Spain - 36% PWC Wind energy production 2,040 -1,320 - 5,982 5,982 6,702 San Juan de Bargas Eólica, S.L Spain - 47% PWC Wind energy production 5,000 1,235 - 5,132 5,132 11,367 Unión Generadores de Energia,S.l Spain - 50% PWC Wind energy production 23 4,540 - - - 4,563 Evoikos Voreas,A.E Greece - 51% Unaudited Wind energy production 66 657 - -38 -38 685 Sofrano A.E.E Greece - 51% Unaudited Wind energy production 700 -22 - -33 -33 645 Solar Works! B.V Netherlands - 20% RSM Global Wind energy production 5,977 -4,739 - -1,238 -1,238 - Goldfinger Ventures LLC USA - 50% PWC Wind energy production 124,067 -825 - 18,569 18,569 141,811 Goldfinger Ventures II LLC USA - 50% PWC Wind energy production 162,629 4,136 - 27,278 27,278 194,044 Biomasas del Pirineo, S.A. Huesca, Spain - 30% Unaudited Biomass electricity production 455 -217 - - - 238 Nine Kings Wind Farm LLC USA - 50% Unaudited Wind energy production - - - - - - Riverstart Ventures LLC USA - 20% PWC Photovoltaic energy production 130,232 - - - - 130,232

Annual report 2022 Individual annual accounts 155 THOUSAND EUROS JOINTLY CONTROLLED ENTITIES AND ASSOCIATES REGISTERE D OFFICE % DIRECT % INDIRECT AUDITOR ACTIVITY CAPITAL RESERVES OTHER EQUITY ITEMS NET PROFIT TOTAL EQUITY CONTINUING OPERATIONS TOTAL 2019 Vento XX LLC USA - 20% PWC Wind energy production - 106,296 - 109,646 109,646 215,942 2017 Vento XVII LLC USA - 20% PWC Wind energy production 155,760 - - 21,455 21,455 177,215 2018 Vento XIX LLC USA - 20% PWC Wind energy production 75,648 43,791 - 14,059 14,059 133,497 Solar Ventures Acquisition LLC USA - 50% Unaudited Photovoltaic energy production - 3,067 - -2 -2 3,065 Blue Canyon Windpower LLC USA - 25% PWC Wind energy production - - - - - - Riverstart Development LLC USA - 20% Unaudited Photovoltaic energy production - - - - - - Flat Rock Windpower II LLC USA - 50% PWC Wind energy production 190,558 -103,366 - -6,458 -6,458 80,735 Flat Rock Windpower LLC USA - 50% PWC Wind energy production 484,142 -271,105 - -15,317 -15,317 197,721 Moray West Holdings limited United Kingdom - 33.4% PWC Wind energy production 1 -602 - -362 -362 -962 Nine Kings Wind Farm LLC USA - 50% Unaudited Wind energy production - - - - - - Riverstart Ventures LLC USA - 20% PWC Photovoltaic energy production 130,232 - - - - 130,232 2019 Vento XX LLC USA - 20% PWC Wind energy production - 106,296 - 109,646 109,646 215,942

Annual Report 2022 Individual management report 002 Individual management report EDP Renováveis, S.A. Management report of December 2022 The Corporate Governance Report and Remuneration Report for the year 2022 are included as Annexes to this Management Report, forming an integral part thereof. The non-financial information required by the regulations has been included in the Consolidated Management Report of the EDP Renováveis Group. 1. The company EDP Renováveis, S.A. (hereinafter referred to as “EDP Renováveis”, “EDPR” or the “Company”) total share capital is 4,802,790,810€, since the Share capital increase in April 2021, where 88,250,000 new shares were issued at a subscription price of EUR 17.00 per share for a share premium of EUR 12.00. EDPR total share capital is composed of 960,558,162 shares with a nominal value of EUR 5.00 each, fully paid. All these shares are part of a single class and series and are admitted to trading on the Euronext Lisbon regulated market. Registered at: Plaza de la Gesta, 2, Oviedo, Spain Headquarters: Serrano Galvache 56, Centro Empresarial Parque Norte, Edificio Olmo, 7 th Floor. 28033 Madrid, Spain C.I.F.: Nº A-74219304 Codes and tickers of EDP Renováveis SA share: • ISIN: ES0127797019 • LEI: 529900MUFAH07Q1TAX06 • Bloomberg Ticker (Euronext Lisbon): EDPR PL Reuters RIC: EDPR.LS EDP Group – Major Shareholder EDPR main shareholder is EDP – Energias de Portugal, S.A., through EDP – Energias de Portugal, S.A. Sucursal en España, with 74.98% of share capital and voting rights. Excluding EDP, EDPR shareholders comprise close to 30,000 institutional and private investors spread across more than 35 countries with main focus in the United States and United Kingdom. Institutional Investors represent about 96%of Company shareholders (ex-EDP Group), mainly investment funds and socially responsible investors (“SRI”), while Private Investors, mostly Portuguese, stand for the remaining 4%. For further information about EDPR shareholder structure please see chapter 1.3 of the Annual Report (“Organisation”). 2. Company business Business environment Today the world is in the midst of a global energy crisis. The Russian invasion of Ukraine is causing far-reaching disruptions on energy markets that are to be added to the ones caused by the COVID-19 pandemic. Starting in 2019, the pandemic strained global supply chains mainly due to lockdowns all around the world and, in particular, in China. Clean energy projects were delayed for months or even years as procurement, manufacturing, shipping, and logistics were all affected by the supply chain crisis. Although the world began to gradually lift some of the restrictions by the end of 2020, their impacts are still tangible as supply chain have not completely recovered yet. In February 2022, the Russian invasion of Ukraine had a profound effect on global energy markets. Russia was the largest exporter of fossil fuels, but the curtailment of natural gas supply to Europe together with the European sanctions banning coal and some oil imports, led to price volatility, supply shortages, and security issues. In addition, the war has, again, disrupted global supply chains, as Ukraine, Russia, and Belarus supply much of the world’s key raw materials. In terms of prices, the shortage of fuels has led to record price levels, exposing consumers to higher energy bills. Record dry conditions in parts of southern Europe have also exacerbated

Annual Report 2022 Individual management report 003 the already fragile situation in the energy markets and contributed to upward price pressures. Rising energy prices have ultimately contributed to high inflationary pressures. In response to inflation, central banks across the world are increasing interest rates, which could be pushing the world towards a global recession, increasing the risk of extreme poverty in many regions all around the globe. Therefore, today’s energy crisis has brought to light the vulnerability of our energy system. Fuel shortages have highlighted the importance of energy security and governments all around the world are seeking to put energy independence at the heart of their energy systems. This has translated in important structural changes, with many countries striving to reduce energy demand, diversify energy suppliers and boost domestic sources. One potential positive development is that, more than ever before, governments are trying to accelerate the energy transition towards a secure, sustainable, and affordable energy mix. Renewables will be the cornerstone of this transition as they simultaneously address energy security and the climate crisis. The US and the European Union have already taken a big step forward in this regard with the approval in 2022 of the Inflation Reduction Act (IRA) and the REPowerEU Plan. The evolution of renewables around the world in 2022 Wind Global wind additions are expected to remain strong in 2022 1 , with analysts 2 forecasting around 95-99 GW of new capacity. If confirmed, total additions would probably be similar than the ones observed in 2020 (95 GW) and 2021 (94 GW). All analysts highlight the challenges faced by the wind industry: in addition to the supply chain disruptions caused by the COVID-19 and delays in project commissioning all around the globe, the wind industry is facing new challenges caused by Russia’s invasion of Ukraine. Regarding offshore wind, new installations are expected to drop by around 50% in 2022, following an extraordinarily good year in 2021. According to consulted analysts, around 9-13 GW of projects are expected to be connected in 2022, with China representing around 50% of new additions. The UK is also expected to drive the record-high-capacity additions in Europe, adding around 3 GW of new capacity. 1 At the time of preparation of this report, final data from the Global Wind Energy Council (GWEC), the American Clean Power Association (ACP) or Wind Europe, had not been released. Overall, China remains the largest wind market, although additions have dropped from last year’s record-breaking figures. According to the National Energy Administration (NEA), China added 37.6 GW of wind power, down 21% in annual terms. Experts believe that new installations have been impacted by China’s strict pandemic control measures and the end of feed-in tariffs for offshore wind projects. However, the outlook for the next years is promising, in particular following the announcement of the China’s Five-Year Plan on renewables that foresees doubling the renewables generation by 2025 (compared to 2020YE levels). In the European Union, new wind energy installations totalled 15 GW in 2022, according to preliminary data released by Wind Europe, up 33% in annual terms. Onshore wind installations represent around 90% of the total, with Germany, Sweden, Finland, Spain and France leading the ranking. In the offshore field, France commissioned its first offshore wind farm, adding almost 500 MW to the European offshore. The preliminary capacity data exclude the UK, which is expected to drive record-high-capacity additions in Europe, adding around 3.2 GW of new offshore projects. Although the results are positive, especially in view of the high inflation and supply chain challenges, the Association points out that 15 GW are still significantly short of EU needs in order to reach climate and energy security targets. Permitting is regarded as one of the main barriers to further deployment, although new regulation approved in December 2022 by the European Council should reduce permitting bottlenecks and unlock part of the 80 GW of wind that are currently estimated to be stuck in the licensing process. In the US, only 4,109 MW of wind projects were connected in the first three quarters of the year, according to the American Clean Power Association (ACP). This slowdown in wind installations is mainly explained by the phase-down of the PTC prior to the passage of the Inflation Reduction Act. No offshore wind projects were commissioned in 2022, but according to the ACP, at least 24 GW of offshore wind projects are under construction or in advanced development. In addition, ten states have set offshore wind procurement targets, accounting for more than 74 GW. In South America, Brazil is likely to be the largest market in 2022, wind experts forecasting around 3 GW of new onshore wind additions. 2 Experts consulted include: GWEC, IHS markit, Bloomberg New Energy Finance, Wood MacKenzie, IEA, Wind Europe and American Clean Power Association, among others.

Annual Report 2022 Individual management report 004 Solar PV 2022 is on course to become another record-breaking year for solar PV, with consulted analysts 3 estimating that around 193-268 GW of new installations could had been deployed worldwide. All analysts hightlight that solar PV is becoming the least costly option for new electricity generation in an increasingly number of countries, despite soaring equipment prices and lingering supply challenges. All solar PV segments have witnessed considerable growth in 2022. According to experts, around 55-60% of new solar PV capacity would be utility-scale projects and the remaining ones small-scale (mainly residencial and commercial systems). China remains the largest solar PV market worldwide and once again achieved a new historical high in new installations, with 87 GW added according to the National Energy Administration (NEA). Other major markets in Asia include India (around 14 GW expected), Japan (around 6 GW) and Republic of Korea (around 4 GW). Europe also witnessed an excellent year in terms of solar PV additions, with 41 GW installed, an impressive annual growth of 47% from the 28 GW installed in 2021. According to Solar Power Europe, Germany was again Europe’s largest market with 7.9 GW of newly installed capacity, followed by Spain (7.5 GW), Poland (4.9 GW), the Netherlands (4.0 GW) and France (2.7 GW). The EU’s solar power generation fleet amounts to 208.9 GW, 25% more than in 2021 (167.5 GW). Therefore, solar capacity has exceeded the 200 GW milestone, only four years after it surpassed the 100 GW landmark. In the US, around 18-24 GW of solar PV capacity could have been added in 2022 4 . Although overall results are positive, the preliminary data point to a relative slowdown of the sector, mainly explained by trade barriers, high equipment prices and ongoing supply chain constraints, that is hindering solar energy fast progress. New solar PV additions in South America are also expected to hit a new record in 2022. Since 2018, the region has, every year, added more solar PV than wind and this trend is set to continue. The strong rise of solar PV is primarily driven by the small-scale segment. Rapid expansion of the sector was witnessed in Brazil (2.7 GW added in 2022 according to ANEEL) and Chile (1.8 GW, according to ACERA data). 3 Experts consulted include: IHS markit, Bloomberg New Energy Finance, Wood MacKenzie, IEA, solar Power Europe and American Clean Power Association, among others. Strategy The World is joining forces to face global warming, one of the major challenges that currently threatens the planet, that if not controlled might have irreversible consequences. There is an undeniable new private and social commitment demanding and supporting an unparallel renewables growth to meet the requirements for a decarbonized and electrified world in which a clean, affordable and reliable energy sector is at the centre of the economy. This will inevitably lead to an unparalleled growth of renewable energy that is expected to be sup- ported by a continued decrease in renewable’s costs. EDPR has extensive experience in the sector and a track-record in delivering its targets, often ahead of schedule, and is prepared to deliver on a new and even more ambitious plan. EDPR new Business Plan for the 2021-25 period will be based on a strategy focused on accelerating growth, supported by the value generated by its ongoing Asset rotation strategy and performed by its proven high-quality teams and efficient operations based on sustainable excellence across all ESG dimensions. 4 Experts consulted include IHS, BNEF, IEA and Wood MacKenzie, among others.

Annual Report 2022 Individual management report 005 EDPR’s business model to deliver solid and ambitious growth targets through 2025, positioning the Company to successfully lead a sector with increased worldwide relevance. Operational performance OPERATING PORTFOLIO INSTALLED CAPACITY 2022 (MW) NET CAPACITY FACTOR (%) ELECTRICITY GENERATION (GWh) Dec-22 ADDED AR ∆ YTD 2022 2021 ∆pp YoY 2022 2021 ∆% YoY Europe 5,158 431 -502 -71 26% 26% -0.1pp 11,778 11,356 4% Spain 2,166 153 -181 -28 26% 26% -0.1pp 4,885 4,979 -2% Portugal 1,168 26 - 26 27% 28% -1pp 2,715 3,049 -11% Rest of Europe 1,824 251 -322 -70 26% 26% +1pp 4,178 3,329 26% France 214 33 - 33 24% 24% -0.4pp 411 314 31% Belgium 11 - - - 27% 29% -3pp 24 22 9% Poland 733 136 -149 -14 28% 27% +1pp 1,739 1,176 48% Romania 521 - - - 26% 24% +1pp 1,163 1,116 4% Italy 295 83 -172 -89 25% 26% -1pp 737 689 7% Greece 45 - - - 24% 20% - 93 9 - UK 5 - - - 24% 23% - 10 4 - North America 6,650 412 -200 212 33% 31% +2pp 18,362 17,057 8% US 6,025 316 -200 116 33% 31% +2pp 17,029 15,814 8% Canada 130 - - - 32% 28% +4pp 360 255 41% Mexico 496 96 - 96 45% 41% +4pp 973 987 -1% South America 1,114 580 -260 319 39% 41% -2pp 2,625 1,888 39% Brazil 1,114 580 -260 319 39% 41% -2pp 2,625 1,888 39% APAC 711 683 - 683 16% 20% - 636 23 - Vietnam 405 377 - 377 19% 20% - 393 23 - Singapore 230 230 - 230 12% - - 184 - - Rest of APAC 77 77 - 77 16% - - 59 - - Total EBITDA MW 13,634 2,106 -963 1,144 30% 29% +2pp 33,401 30,323 10%

Annual Report 2022 Individual management report 006 Europe 498 - - - Spain 156 - - - Portugal 31 - - - Rest of Europe 311 - - - North America 592 - - - US 592 - - - APAC 15 15 - 15 Rest of APAC 15 15 - 15 Total Equity MW 1,105 15 - 15 TOTAL 14,738 2,121 -963 1,159 With a top-quality portfolio, EDPR has a strong track record and proven capability to execute superior projects and deliver on targets. The installed asset base of 14.7 GW is not only young, on average 9 years, it is also mostly certified in terms of environmental and health and safety standards. As of 2022, EDPR had 5,656 MW installed in Europe, 7,242 MW in North America, 1,114 MW in South America and 726 MW in APAC. In terms of technology, EDPR continued its effort to diversify its portfolio, which translates into 12,724 MW of wind onshore, 322 MW of wind offshore and 1,691 MW of solar technology, that includes both solar PV utility-scale and solar DG. During 2022, EDPR added a total of 2,121 MW, including the successful expansion in APAC through the acquisition of Sunseap, that now represents 5% of EDPR’s portfolio. More specifically, EDPR added 1,053 MW of wind onshore, corresponding to 378 MW in Europe, namely 145 MW in Spain, 100 MW in Poland, 83 MW in Italy, 32 MW in France, and 18 MW in Portugal. In North America, 96 MW were installed coming from a project in Mexico. Lastly, in South America, EDPR added 580 MW of wind onshore in Brazil. In terms of solar capacity, 377 MW were added in Vietnam, 316 MW in the US, 230 MW in Singapore, 92 MW in the rest of APAC, 36 MW in Poland, 9 MW in Spain, and 8 MW in Portugal. Pursuing its Asset rotation strategy, EDPR successfully concluded several Asset rotation deals that amounted to c.1 GW of capacity. In detail, EDPR sold a 100% stake in a 149 MW wind portfolio in Poland, a 181 MW wind portfolio in Spain, a 172 MW wind portfolio in Italy, a 260 MW wind portfolio in Brazil and in a 200 MWac solar project in the US, the latest under a Build & Transfer agreement. All in all, in 2022, EDPR consolidated portfolio net variation was of +1.2 GW. EDPR produced 33.4 TWh (+10% YoY) of clean energy in 2022. The YoY evolution comes in line with a higher installed capacity in the period and a better renewable resource YoY. In 2022, EDPR achieved a 30% load factor (vs 29% in 2021) reflecting 98% of P50 long term average GCF, following a recovery of the renewable resource, especially in the first half of the year, mainly driven by North America. EDPR achieved a 95% technical availability in 2022, with the company continuing to leverage on its competitive advantages to maximise the projects’ output and also on its diversified portfolio across different geographies to minimise the renewable resource volatility risk.

Annual Report 2022 Individual management report 007 Financial performance EDP Renováveis S.A. net profit in 2022 was € -220,663 thousand, which has decreased compared to € -95,471 thousand in 2021. The revenues for the 2022 fiscal year totalled € 127,782 thousand, which represents a significant increase of 102% with respect to 2021 (€ 63,250 thousand), mainly due to the Company having received dividends from subsidiaries in 2022. The negative financial result during the financial year 2022 was € 237,518 thousand, which represents a significant increase of 108% with respect to 2021 (€ 113,953 thousand), mainly because of financial costs and foreign exchange. Non-financial information The non-financial information required by the Spanish regulation has been included in the Consolidated Management report of the EDPR group. During 2022, there were 416 employees at EDPR S.A. on average, +18% versus the 352 employees on average in 2021. For information on EDPR Human Capital approach, please see chapter 3.2. Human Capital of the Consolidated Management Report. Information on average payment terms to suppliers In 2022, total payments made to suppliers amounted to €9,566 thousand with an average payment period of 28 days, below the payment period stipulated by law of 60 days. 3. Foreseeable evolution The Company will continue to control its current holdings in different subsidiaries, not having foreseen any activity different from those currently carried out. 4. Research, development, and technological innovation Technical innovation is one of the hallmarks of EDPR. The Company’s history is built on the continuous searching of new trends and solutions in energy production to meet its stakeholders’ expectations. Accordingly, EDPR develops projects within the framework of its two main strategic pillars for Innovation: Cleaner Energy focused on sustainable power generation, and Energy Storage & Flexibility to ensure a smoother transition to an energy mix system. For more information on EDPR innovation and digitalisation, see chapters 3.6 Digital Capital and 3.7 Innovation Capital of the Consolidated Management Report. 5. Relevant & subsequent events Relevant events of the period RELEVANT EVENTS 1 17-Jan EDPR informs about UKs ScotWind offshore wind auction 2 17-Jan EDPR informs about changes in Corporate Bodies 3 19-Jan EDPR informs about 2021 operating data 4 28-Jan EDPR informs about conclusion of Asset rotation deal of a 221 MW wind portfolio 5 16-Feb EDPR informs about FY 2021 Results 6 24-Feb EDPR informs about completion of Sunseap acquisition in the APAC region 7 27-Feb EDPR informs about the results of the NY bight offshore auction in the US 8 28-Feb EDPR informs on the Notice of the General Shareholders Meeting of March 31, 2022 9 14-Mar EDPR informs about notification of qualified shareholding of Blackrock 10 31-Mar EDPR informs about resolutions of the Annual General Shareholders Meeting 11 31-Mar EDPR informs about the payment of dividends of FY 2021 12 05-Apr EDPR informs about grid connection in floating solar auction in Portugal 13 11-Apr EDPR informs about PPAs secured for a 240 MW solar park in Texas 14 20-Apr EDPR informs about PPA secured for a solar park in Brazil 15 22-Apr EDPR informs about PPAs secured for a solar portfolio in the US 16 25-Apr EDPR informs about notification of decrease of qualified shareholding of Blackrock 17 28-Apr EDPR informs about conclusion of Asset rotation deal of a 149 MW wind portfolio in Poland 18 03-May EDPR informs about changes in Corporate Bodies 19 04-May EDPR informs about 1Q22 Results 20 27-May EDPR informs about PPAs secured for a 124 MW wind project in Brazil

Annual Report 2022 Individual management report 008 RELEVANT EVENTS 21 20-Jun EDPR informs about representative for relations with the market 22 27-Jun EDPR informs about conclusion of Asset rotation of a wind portfolio in Spain 23 07-Jul EDPR informs about CfD awarded to offshore project in the UK 24 27-Jul EDPR informs about 1H22 Results 25 29-Jul EDPR informs about the acquisition of a solar development platform 26 29-Jul EDPR informs about Asset rotation deal of a wind portfolio in Italy 27 01-Aug EDPR informs about PPA secured for 200 MW solar project in the US 28 22-Aug EDPR informs about allocation of offshore wind capacity in Scotland 29 07-Sep EDPR informs about the conclusion of solar PV deal in APAC 30 09-Sep EDPR informs about closing of Asset rotation deal of a wind portfolio in Italy 31 06-Oct EDPR informs about the closing of a deal to acquire a solar development platform 32 06-Oct EDPR informs about Asset rotation deal of a wind portfolio in Brazil 33 26-Oct EDPR presents 9M22 Results 34 15-Nov EDPR informs about PPA secured for a 200 MW wind project in the US 35 07-Dic EDPR informs about notification of qualified shareholding of Blackrock 36 08-Dec EDPR informs about California offshore wind auction 37 12-Dec EDPR informs about notification of qualified shareholding of Blackrock 38 15-Dec EDPR informs about PPA secured for a solar project in the US Subsequent events EDPR informs about clawback taxes in Romania and Poland renewables generation Madrid, January 9 th 2023: EDP Renováveis, S.A. (“EDPR” or “company”) informs to the market about regulatory developments in Romania and Poland where it operates 521 MW and 697 MW of renewables capacity respectively. According to the European Union Council Regulation 2022/1854 of October 6 th 2022 (Regulation), on an emergency intervention to address high energy prices, emergency cap mechanisms should apply on realized market revenues only, including hedging operations against fluctuations in the wholesale electricity market. This is necessary to avoid harming producers who do not actually benefit from the current high electricity prices due to having hedged their revenues against fluctuations in the wholesale electricity market. In this context, governments in Romania and Poland have recently introduced emergency clawback mechanisms to restrict the revenues earned by renewable energy producers and other market participants. In Romania a 100% tax is applied on revenues over 450 RON/MWh as well as a withholding tax on behalf of offtakers. In Poland a clawback mechanism is applicable to non-CfD energy with 100% tax on revenues above 345 PLN/MWh for wind projects under Green Certificate (GC) scheme and the corresponding strike price for projects under CfD scheme. EDPR considers that these new legislations in Romania and Poland do not follow the European Union Council principle of clawing back only realized market revenues as both ignore financial hedges in place within EDPR. These financial hedges follow the company’s low risk strategy to secure long term revenues and to remove electricity prices volatility on the company’s earnings. Ultimately, these new taxes may result in the cancelation of the effects of the existing risk management strategies legitimately implemented by renewables producers resulting in taxation of unrealized profits, clearly against the Regulation principles. These developments in Romania and Poland have a direct impact on EDPR, that will have to pay the taxes as if it was benefiting from current high electricity market prices, without consideration of costs incurred with the associated financial hedges in energy markets. This non consideration of financial hedges can result in unreasonable payments and potential costs estimated at €0.3 Bn in 2023, depending on the evolution of electricity wholesale prices, final interpretation/implementation of the recently published legislations and their compatibility with international agreements in force. EDPR will pursue all legal actions to contribute to the return to a fair rule of law that may support the much-needed investments in renewables in these countries and within the European Union. Blackrock notifies acquisition of a qualified shareholding in EDPR Madrid, January 23 rd 2023: EDP Renováveis, S.A. (“EDPR”) is providing the following information to the market:

Annual Report 2022 Individual management report 009 Blackrock Inc. (“Blackrock”) has notified EDPR that, in accordance with article 23 of Royal Decree 1362/2007 and as a result of transactions executed on January 20 th 2023, it has crossed the 3% minimum threshold for qualified shareholding positions. Following such transactions, Blackrock is attributed with 28,069,268 voting rights in EDPR, corresponding to 2.922% of the aggregate voting rights in the company. EDPR completes Asset Rotation deal of a 260 MW operating wind portfolio in Brazil Madrid, January 30 th 2023: Following the information released to the market on October 6 th 2022, EDP Renováveis, S.A. ("EDPR”) is pleased to announce the completion to Sale and Purchase Agreement with Companhia Paranaense de Energia (“COPEL”) to sell a 100% equity stake in 2 operating wind projects that total 260 MW of capacity, situated in the state of Rio Grande do Norte, Brazil, for an estimated Enterprise Value of BRL1.8bn as of December 31 st 2021 (€0.3 billion @5.51 EUR/BRL rate). With this transaction, EDPR has already secured €3.4bn of Asset rotation proceeds within the context of the €8bn Asset rotation program for 2021-25 announced in EDPR Capital Markets Day in February 2021, allowing EDPR to accelerate value creation while recycling capital to reinvest in accretive growth. EDPR secures its first PPA in Greece Madrid, February 14 th 2023: EDP Renováveis, S.A. (“EDPR”) is pleased to announce that it has secured a long-term Power Purchase Agreement (“PPA”) with MYTILINEOS – Energy & Metals, one of the largest industrial and energy companies in Greece, to sell the green energy produced by a 78 MW wind portfolio. This deal marks EDPR’s first PPA in Greece and it will be covered by a portfolio that consists of 3 wind projects that are expected to enter into operation between the end of 2024 and 2025, more precisely: • 2 projects, with 23 MW and 35 MW respectively, located in Voiotia, Greece; • 1 project with 21 MW located in Achaia, Greece. With this new portfolio, EDPR has now 11.2 GW secured out of the 20 GW target additions for 2021-25 announced in EDPR Capital Markets Day in February 2021. Additionally, this transaction enables EDPR to achieve more than 3.6 GW of the 6.7 GW target for renewable capacity additions in Europe during 2021-25. EDPR's success in securing new PPAs reinforces its low-risk profile and growth strategy based on the development of competitive projects with long-term visibility, fostering the acceleration of the energy transition and the decarbonization of the economy. 6. Own shares EDPR does not hold own shares. 7. Risk management The Company's activities are exposed to various financial risks: market risk (including currency risk and fair value interest rate risk), credit risk, liquidity risk and cash flow interest rate risk. The Company's global risk management programme focuses on uncertainty in the financial markets and aims to minimise potential adverse effects on the Company's profits. The Company uses derivatives to mitigate certain risks. The Directors of the Company are responsible for defining general risk management principles and establishing exposure limits and it is carry out by the Finance Department of the Company in accordance with the policies approved by the Board of Directors. The main functions, among other, includes the identification and evaluation of hedging instruments. All operations involving derivative financial instruments are subject to prior approval from the Board of Directors, which sets the parameters of each operation and approves the formal documents describing the objectives of the operation. Currency risk The Company operates internationally and is therefore exposed to currency risk when operating with foreign currencies, especially with regard to the US Dollar, the Brazilian Real, the Canadian Dollar, the Singapore Dollar and the Colombian Pesos. Currency risk is associated with recognised assets and liabilities, and net investments in foreign operations. The Company holds investments in group companies that are denominated in foreign currency, which are therefore exposed to exchange-rate risk at year-and when translating those amounts into the Company’s functional currency (euro).

Annual Report 2022 Individual management report 010 Currency risk affecting these investments is mitigated primarily through derivative financial instruments and borrowings in the corresponding foreign currencies. Credit Risk The Company is not significantly exposed to credit risk as the majority of its balances and transactions are with Group companies. As the counterparties of derivative financial instruments are Group companies, and the counterparties of their derivative financial instruments are highly solvent banks, the Company is not subject to significant counterparty default risk. Guarantees or other derivatives are therefore not requested in this type of operation. The Company has documented its financial operations in accordance with accounting policies. The majority of its operations with derivative financial instruments are therefore contracted under "ISDA Master Agreements", which facilitate the transfer of instruments in the market. Liquidity Risk Liquidity risk is the risk that the Company will be unable to comply with its financial commitments on maturity. The Company's approach in managing liquidity risk is to guarantee as far as possible that liquidity will always be available to pay its debts before they mature, in normal conditions and during financial difficulties, without incurring unacceptable losses or compromising the Company's reputation. The Directors have estimated cash flows which show that the Company will meet existing commitments at 2022 year end and those expected for 2023. Compliance with the liquidity policy ensures that contracted commitments are paid, maintaining sufficient credit facilities. The EDP Renováveis Group manages liquidity risk by arranging and maintaining credit facilities with its majority shareholder, or directly with domestic and international entities in the market, under optimal conditions, to ensure access to the financing required to continue its activities. Cash flow and fair value interest rate risks In 2022 and 2021 the Company does not have a considerable amount of interest-bearing assets and as a result, income and cash flows from operating activities are not significantly affected by fluctuations in market interest rates. Interest rate risk arises from non-current borrowings, which are extended by Group companies. The loans have fixed interest rates, mitigating the risk of interest rate volatility. Details of hedged financial assets and the derivative financial instruments obtained to hedge them are provided in notes 8 and 11. Additionally, during the 2022, the Company has executed interest rate pre-hedges of its future intercompany loans refinancing needs with EDP in USD, aiming to lock-in future interest rates levels given the current scenario of high volatility and uncertainty.

Annual Report 2022 Corporate Governance 013 PART I - Information on shareholder structure, organisation and corporate governance A. Shareholder structure I. Capital structure 1. Capital structure EDP Renováveis, S.A. (hereinafter referred to as “EDP Renováveis”, “EDPR” or the “Company”) total share capital is 4,802,790,810€, since the Share capital increase in April 2021, where 88,250,000 new shares were issued at a subscription price of EUR 17.00 per share for a share premium of EUR 12.00. EDPR total share capital is composed of 960,558,162 shares with a nominal value of EUR 5.00 each, fully paid. All these shares are part of a single class and series and are admitted to trading on the Euronext Lisbon regulated market. Codes and tickers of EDP Renováveis SA share: ISIN:ES0127797019 LEI:529900MUFAH07Q1TAX06 Bloomberg Ticker (Euronext Lisbon): EDPR PL Reuters RIC:EDPR.LS EDPR main shareholder is EDP – Energias de Portugal, S.A., through EDP – Energias de Portugal, S.A. Sucursal en España, with 74.98% of share capital and voting rights. Excluding EDP, EDPR shareholders comprise close to 30,000 institutional and private investors spread across more than 35 countries with main focus in the United States and United Kingdom. Institutional Investors represent about 96%of Company shareholders (ex-EDP Group), mainly investment funds and socially responsible investors (“SRI”), while Private Investors, mostly Portuguese, stand for the remaining 4 %. For further information about EDPR shareholder structure please see chapter 1.3 of the Annual Report (“Organisation”). 2. Restrictions to the transferability of shares EDPR’s Articles of Association have no restrictions on the transferability of shares. 3. Own shares EDPR does not hold own shares. 4. Change of control EDPR has not adopted any measures designed to prevent successful takeover bids, nor defensive measures for cases of a change in control in its shareholder structure or agreements subject to the condition of a change in control of the Company, other than in accordance with normal practice, and therefore, has not adopted any mechanisms that imply payments or assumption of fees in the case of the transfer of control or the change in the composition of the managing body, or that could be likely to harm the free transferability of shares or shareholder assessment of the performance of the members of the managing body. Notwithstanding the above, the following are normal market practice related to a potential change of control: • In the case of financing of certain wind farm projects, lenders have the right to approve change in control at the borrower if the later ceased to be controlled, directly or indirectly by EDPR. • In the case of guarantees provided by EDP Group companies, if EDP directly or indirectly ceases to have the majority of EDPR then EDP is no longer obliged to provide such services or guarantees. The relevant subsidiaries will be obliged to provide for the cancellation or replacement of all outstanding guarantees within approximately sixty (60) days of the change of control event. In the cases of intra-group services agreements and according to the Framework Agreement signed between EDP Renováveis S.A. and EDP Energias de Portugal S.A., the contracts will maintain their full force as long as (i) EDP maintains its share capital above 50% or the right to exercise directly or indirectly more than 50% of voting rights on EDPR’s share capital, or (ii) even if the share capital of EDP or its voting rights are below 50%, but more than half of the Members of the Board are elected through an EDP proposal.

Annual Report 2022 Corporate Governance 014 5. Special agreements regime EDPR does not have a special system for the renewal or withdrawal of counter measures for the restriction on the number of votes capable of being held or exercised by only one shareholder individually or together with other shareholders. 6. Shareholders’ agreements The Company is not aware of any shareholders’ agreement that may result in restrictions on the transfer of securities or voting rights.Shareholdings and bonds held. II. Shareholdings and bonds held 7. Qualified holdings Qualifying holdings in EDPR are subject to the Spanish Law, which regulates the criteria and thresholds of the shareholder’s ownerships. The table below includes the information about the qualifying holdings of EDPR and their voting rights as of December 31 st , 2022: SHAREHOLDER SHARES EDP – ENERGIAS DE PORTUGAL, S.A. – SUCURSAL EN ESPAÑA 720,191,372 BLACKROCK INC. 32,115,908 Total qualified holdings 752,307,280 EDP detains 74.98% of EDPR capital and voting rights, through EDP – Energias de Portugal, S.A. – Sucursal en España. As of December 31 st , 2022, EDPR’s shareholder structure consisted in a total qualified shareholding of 78.32%, corresponding to EDP Group and Blackrock Inc., with 74.98% and 3.34% of the capital, respectively. 8. Shares held by the Members of the Management and Supervisory Boards As of December 31 st 2022, none of the members of the Board of Directors /Delegated Committees of the Company directly or indirectly own EDPR shares. 9. Powers of the Board of Directors The Board of Directors is vested with the broad-ranging powers of administration, management, and governance of the Company, with no other limitations besides the powers which are expressly assigned to the General Shareholders’ Meetings in the Company’s Articles of Association (specifically in article 13) or in the applicable law. In this regard, the powers of the Board include, without limitation 1 to: • Acquire on lucrative or onerous title basis personal and real property, rights, shares and interests that may suit the Company; • Sell and mortgage or charge personal and real property, rights, shares and interests of the Company and cancel mortgages and other rights in rem; • Negotiate and enter into loans and credit operations that it may deem appropriate; • Negotiate and formalize all sort of acts and contracts with public entities or private persons; • Exercise civil and criminal actions and all further actions to be undertaken by the Company, representing it before governmental officers, authorities, corporations, governing, administrative, administrative-economic, administrative-litigation and judicial courts, labour courts and the labour sections of the Supreme Court and of the High Courts of the Autonomous Communities, with no limitations whatsoever, including before the European Court of Justice, and in general before the Government, in all its levels and hierarchies; to intervene or promote, follow and terminate, through all procedures and instances, the processes, court sections or proceedings; to accept decisions, to file any kind of appeal, including the cassation one and other extraordinary appeals, to discontinue or confess, to agree an early termination of a proceeding, to submit litigious questions to arbitration judges, and to carry out all sorts of notices and requirements and to grant a power of attorney to Court Representatives and other representatives, with the case-related powers and the powers which are usually granted to litigation cases and all the special powers applicable, and to revoke such powers; • Agree the allotment of interim dividends; • Call and convene the General Meetings and submit to them the proposals that it deem appropriate; • Direct the Company and organize its operations and exploitations by acknowledging the course of the Company businesses and operations, managing the investment of funds, making extraordinary amortizations of bonds and realizing anything that it is considered appropriate for the best achievement of the Company’s objectives; 11 This list has a merely indicative nature, as the Board of Directors may perform all further powers expressly granted to the Board in the Articles or in the applicable law.

Annual Report 2022 Corporate Governance 015 • Appoint and dismiss Directors and other Company’s technical and administrative personnel, defining their responsibilities and remuneration; • Agree any changes of the registered office’s address within the same municipal area; • Incorporate legal entities as stipulated under the law; assigning and investing all sorts of assets and rights, as well as entering merger and cooperation agreements, association, grouping and temporary union agreements between companies or business and joint property agreements, and agreeing their alteration, transformation and termination. Likewise, the General Shareholders’ Meeting held in March 26 th , 2020, approved the delegation to the Board of Directors of the power to issue in one or more occasions both: • Fixed income securities or other debt instruments of analogous nature; • Fixed income securities or other type of securities (warrants included) convertible or exchangeable into EDP Renováveis, S.A. shares, or that recognize at the Board of Directors’ discretion the right of subscription or acquisition of shares of EDP Renováveis, S.A. or of other companies, up to a maximum amount of three hundred million Euros (EUR 300,000,000) or its equivalent in other currency. As part of such delegation, the General Shareholder’s Meeting delegated into the Board of Directors the power to increase the share capital up to the necessary amount to execute the related tasks above. Additionally, it was also approved to authorize the Board of Directors for the acquisition of own shares by the Company and/or the affiliate companies up to the maximum limit of 10% of the subscribed share capital. These delegations may be exercised by the Board of Directors within a period of five (5) years since the proposal was approved, and within the limits provided under the law and the By-Laws. Likewise, on the General Shareholders’ Meeting held on March 31 st , 2022, it was also approved the delegation to the Board of Directors of the power to carry out increases of share capital with the exclusion of the pre-emptive subscription rights (on one or several occasions) within the maximum term of five years. The total maximum amount of the increase or increases decided upon under this authorization shall be no higher than 50% of the present share capital; or in the event that the increase of capital excludes the pre-emptive subscription right of shareholders, than the 20% of the present share capital. This authorization shall be extended, as broadly as may be required by Law, to the setting and determination of those terms inherent in each of the increases in order to obtain any authorizations required under the legal provisions in force (including, but without being limited to, the determination of the amount and date of implementation, the number of shares to be issued, with or without voting rights, with or without a share premium, consisting of the countervalue of the new shares to be issued in monetary contributions, and being able to determine the terms and conditions of the increase of capital and the characteristics of the shares). Should be noted that, it has been specifically stated with regards to this authorization that the total or partial exclusion of the pre-emptive subscription right shall be performed in terms of the corporate interest and pursuant to the legal requirements, and that the Board of Directors shall issue a report detailing those reasons that justify this in the corporate interest in each specific case, and which shall be made available to the shareholders and communicated at the first General Meeting of Shareholders held after the increase in capital. Additionally, in compliance with its personal law and Company’s internal regulations, some functions of the Board of Directors are non- delegable and, as such, have to be performed at this level, which are the following: • Election of the Chairperson of the Board of Directors; • Appointment of Directors by co-option; • The supervision of the effective functioning of any committees that it may have incorporated and of the performance of any delegated bodies or managers it may have designated; • The determination of the company’s general policies and strategies; • The authorization or waiver of the obligations arising from the Directors duty of loyalty; • Its own organization and functioning; • The formulation of the annual accounts and its submission to the General Shareholders’ Meeting; • The preparation of any type of report required from the board by law, when the underlying transaction to which the report refers cannot be delegated; • The appointment and removal of the delegated directors (“Joint Directors”) of the company, as well as the determination of their contract conditions; • The appointment or removal of the members of the Management Team, as well as the determination of their basic contract conditions, including remuneration; • Decisions relating to directors’ remuneration, within the statutory framework and, if such is the case, within the remuneration policy approved by the General Shareholders’ Meeting; • Calling the General Shareholders’ Meeting and preparing the agenda and proposed resolutions; • The policy relating to own shares; • Any powers that the General Shareholders’ Meeting has vested to the board of directors, unless the board has explicitly authorized that they may be sub- delegated; • The approval of the strategic or business plan, annual management objectives and budget, investment and financing policies, social sustainability policy and the dividends policy;

Annual Report 2022 Corporate Governance 016 • The determination of the risk control and management policy, including those related to tax matters, and the supervision of the internal information and control systems; • The determination of the company’s corporate governance policy as well as the one applicable to the group of which the company is the parent entity; its organization and functioning and, in particular, the approval and amendment of its own regulations; • The approval of the financial information that the company must disclose periodically; • The definition of the structure of the group of companies of which the company is the parent entity; • The approval of all type of investments and transactions that due to their high amount or special nature are considered as strategic or that may imply a financial risk, unless their approval falls under the General Shareholders’ Meeting. For the purposes of this paragraph, the following transactions shall be considered as included: i. The purchase and sale of assets, rights or shareholdings by EDPR, included in the business plan approved by the Board of Directors (“the Business Plan”), whenever their [A] (i) book value, or (ii) market value assessed in terms of equity value, or (iii) the transaction price, or (iv) the initial investment value, is over one hundred and fifty million Euros (150,000,000€) 2 (at present value), or [B] initial investment value consumes the total amount foreseen Business Plan for these type of transactions, whenever their (i) book value, or (ii) its market value assessed in terms of equity value, or (iii) the transaction price, or (iv) the initial investment value, is over seventy-five million Euros (75,000,000€) (at present value); ii. Agreements regarding (i) bank loans and (ii) credit facilities in an amount above two hundred and fifty million Euros (250.000.000€), provided that, as a result of such agreements, EDPR’s overall indebtedness exceeds the amount set forth in the approved annual budget; iii. Total or partial opening or closure of establishments, as well as extensions or reductions of its activity, provided that, according to a reasonable estimate of the executive directors, they result in a change in the turnover or in the assets of the Company of over seventy-five million Euros (75,000,000€); iv. Other operations and relevant transactions, and in particular, those excluded from the scope of the Business Plan whenever their (i) book value or (ii) market value assessed in terms of equity value, or (iii) the transaction price, or (iv) the initial investment value is above seventy-five million Euros (75,000,000€) 3 (at present value); v. vi. Any operations not directly related to the energy sector which amount is above 2 For the purposes of this provision, the amounts of the respective financial guarantees shall be considered in aggregate. 3 For the purposes of this provision, the amounts of the respective financial guarantees shall be considered in aggregate. twenty million Euros (20,000,000€); vi. Setting up or terminating strategic partnerships or any other forms of enduring cooperation, in an amount above twenty million Euros (20,000,000€). 4 • The approval of the creation or acquisition of shares in special purpose entities or registered in countries or territories considered tax havens, as well as any other transaction or operation of a similar nature that, due to its complexity, may undermine the transparency of the company and its group; • The approval of Related Party Transactions, unless: i. its approval corresponds to the Shareholders’ Meeting; or ii. transactions (i) between companies of the same group and that are performed in the ordinary management of the company and under market conditions, or (ii) closed under standardized conditions and wholesale applied to a high number of clients, and at prices or tariffs generally established by the supplier of the good or service, the amount of which does not exceed the 0.5% of the net annual company turnover ; which will be approved by the Audit, Control and Related Party Transactions Committee. • The determination of the company’s tax strategy; • The supervision of the elaboration and submission process of the financial information and the management report, that will include, as the case may be, the required non- financial information; and the submission of the recommendations or proposals presented to the Board aimed to protect its integrity. Should be noted that in case of duly justified urgency situations, or when considered convenient in an interim period between meetings of the Board of Directors, the decisions related to the reserved matters referred above may be adopted by the delegated bodies or individuals, and will be ratified at the first Board meeting to be held after the adoption of the decision. Notwithstanding the above, considering that during 2022 it was identified that many transactions defined as reserved under the regulations of the Board were being approved through the exception process - adopted by the delegated bodies or individuals (as the Executive Directors), and then being ratified at the first Board meeting held after the adoption of the decision – and bearing in mind the estimates for next years regarding a high volume and ambitious timings for these type of the transactions, it was considered advisable to establish a mechanism that boosts the implication of the Board of Directors in the decision making 5 For the purposes of this provision, partnerships or other forms of cooperation which do not have a strategic and lasting character, namely regarding cases where such partnerships are limited to specific transactions in predominantly commercial and operational matters, or which relate to the Company’s core activities.

Annual Report 2022 Corporate Governance 017 process, and that also ensures the necessary agility can be guaranteed. In this context, and for these purposes, on October 25 th , 2022, it was resolved to incorporate a fast-track procedure by the Board of Directors of EDPR for certain matters that require urgent approval, that is extensively ruled under the regulations of the Board of Directors, and that will operate as follows: 1. A justified request will be addressed by the CEO to the Chairman of the Board of Directors, framing the matter in question by providing a term-sheet template duly fulfilled; 2. The Chairman of the Board of Directors will submit the request and the information provided to the members of the Board of Directors, who shall have three business days counted from the receipt of the communication to issue their opinion on the matter; 3. Once this 3-business day-period has elapsed, the Directors that have not replied, will be deemed to have issued a favorable opinion; 4. The resolution adopted will be communicated to the CEO, and it will be recorded together with the supporting documents (including the related term-sheet), in the following Board of Directors meeting. As per the governance model adopted, EDPR has to comply with the regulation established under the Spanish Companies Act, which among others, as mentioned above, stablishes that the approvals of the strategic lines and policies of the company are a reserved matters of the Board of Directors that cannot be delegated, and that shall be necessarily approved at this level. Therefore, in compliance with recommendation III.6 and its personal Law (Spanish one), in case of proposal of a new Business Plan, in EDPR such will be first assessed by the Audit, Control and Related Party Transactions Committee (as per its Governance Model does not have a Supervisory Body), and being the final proposal approved at the Board of Directors level. 10. Significant business relationships between the holders of qualifying holdings and the Company Information on any significant business relationships between the holders of qualifying holdings and the Company is described on topic 90 of this Chapter 5 of the Annual Report. B. Corporate Boards and Committees I. General Shareholders’ Meeting On March 31 st , 2022 the General Shareholders’ Meeting resolved to approve the Regulations of the General Shareholders' Meeting of EDP Renováveis, S.A., which establishes the principles of its organization and operation, and, that contain the rules governing the convening, preparation, information, attendance and development of the General Shareholders’ Meeting, as well as the exercise of the corresponding rights of the shareholders when it is convened and held, all in accordance with the applicable regulations in force. These regulations are available at the website of the Company www.edpr.com. Any amendment to these Regulations shall require the resolution to be adopted by the General Shareholders’ Meeting but not with qualified quorum. a) Composition of the Board of the General Meeting 11. Board of the General Shareholders’ Meeting Since 2021, EDPR adopted the general practice followed under the personal law of the Company (Spanish one) that allows the Shareholders’ Meeting to be chaired by the Chairperson of the Board of Directors, and in the absence thereof, to the Vice-Chairperson (in the absence of both of them, it will be assigned to the oldest director). As such, the Chairperson of the Board of Directors - or whoever acting as substitute - together with the remaining members of the Board, shall constitute the Board of the General Shareholders’ Meeting; and its Secretary will be the Secretary of the Board of Directors. Therefore, as of December 31 th , 2022 the role of Chairperson of the Shareholders’ Meeting corresponds to António Gomes Mota, - who was appointed as member of the Board for a three-year (3) term by the General Shareholders’ Meeting held in April 12 th , 2021, and for the position of Chairperson of the Board of Directors on its meeting subsequently held on the same date—and the role of the Secretary of the General Shareholders’ Meeting corresponds to the Secretary of the Board of Directors, María González Rodriguez, who was appointed for that position on November 2 nd , 2021. Should be also highlighted that accordance with article 180 of the Spanish Companies’ Law, all the Board of Directors’ Members are obliged to attend the General Meetings. The Chairperson of the General Shareholders’ Meeting of EDPR has at his disposal, the necessary human and logistical resources required for the performance of his duties. Therefore, in addition to the resources provided by the Company’s General Secretary, in 2022 the Company hired a specialized entity to give support to the meeting and to collect, process and count the votes submitted by the shareholders on the Ordinary Shareholders’ meeting held on March 31 st ,2022.

Annual Report 2022 Corporate Governance 018 b) Exercising the right to vote 12. Voting rights restrictions Each EDPR share entitles its holder to one vote. Neither EDPR’s Articles of Association, nor General Shareholders' Meeting Regulations establish any restriction regarding voting rights. 13. Voting rights Neither EDPR’s Articles of Association, nor General Shareholders' Meeting Regulations have any reference to a maximum percentage of voting rights that may be exercised by a single shareholder or by shareholders that are in any relationship. All shareholders, regardless the number of shares owned, may attend to the General Shareholders’ Meeting and request the information or explanations that they consider relevant regarding the matters included in the Agenda of the convened meeting, and are entitled as shareholders of the Company, to take part in its deliberations and to participate in its voting process. On 2022, the Board of Directors approved a Shareholder’s Guide for the General Shareholders’ Meeting held in March 31 st , detailing among other matters, the procedure and requirements for the submission through mail and electronic communication of voting forms. This Guide was made available at the Company’s website (www.edpr.com). As informed in the related Notice, in order to exercise their right to attend, the shareholders must have the ownership of their shares duly registered in the Book Entry Account at least five (5) days prior to the date of the General Shareholders’ Meeting. At this meeting the Regulations of the General Shareholders’ Meeting were approved, and will thereinafter be the document that will rule all these procedures. Any shareholder may be represented at the General Shareholders’ Meeting by a third party by means of a revocable Power of Attorney (even if such representative is not a shareholder). The Board of Directors may require shareholders’ Power of Attorney to be in the Company’s possession at least two (2) days in advance, indicating the name of the representative. These Powers of Attorney shall be granted specifically for each General Shareholders’ Meeting and can be evidenced in writing or by remote means of communication such as email or post. According to the applicable law and the Company’s Articles of Association, the notice of EDPR’s General Shareholders’ Meetings is published in the Official Gazette of the Commercial Registry and on the Company’s website at least thirty (30) days prior to the meeting date. Likewise, the Notice of the General Shareholders’ Meeting is published at the website of Sociedade Gestora de Sistemas de Liquidação e de Sistemas Centralizados de Valores Mobiliários, S.A (“Interbolsa”) and on the website of the Comissão do Mercado de Valores Mobiliários (“CMVM”) – at www.cmvm.pt - and of the Comisión Nacional del Mercado de Valores (“CNMV”) – at www.cnmv.es. Simultaneously with the publication of the meeting Notice, the supporting documentation in relation to the General Shareholders’ Meeting is published on the CMVM website. Likewise, as soon as the notice of the meeting was formally published, the following information and documentation related to the General Shareholders’ Meeting was made available at the Company’s website (www.edpr.com): • The notice of the General Shareholders’ Meeting; • The total number of shares and voting rights at the date of the Meeting notice; • The template of the letter of representation and the template of the ballot to be sent by mail, and also, the links to the electronic platform that the Company provides for the voting on the topics included in the Agenda; • The full texts of the proposed resolutions (included when received if such were the case, those proposed by shareholders) and related supporting documentation, that will be submitted to the General Shareholders’ Meeting for approval; • The Shareholders’ Guide; • The consolidated texts in force (Articles of Association and the other applicable regulations). In 2022, the Company included the English and Portuguese versions of the information and documents related to the Shareholders´ Meetings on its website (www.edpr.com) with the notice of the meetings being the Spanish version of the documents the one that prevailed. Shareholders may vote on the topics included on the Shareholders’ Meeting Agenda, in person (including by means of the corresponding representative) at the meeting, by ordinary mail, or by electronic communication (in this latest case, through a telematic vote platform made available at the Company’s website or sending the related filled and signed templates by email), and in any case providing the documentation indicated in the General Shareholders’ Meeting Regulations. Pursuant to the terms of article 15 of the Articles of Association and Article 24.7 of the General Shareholders’ Meeting Regulations, both electronic and mail-in votes must be received by the Company before midnight (24.00 hours) of the day before the scheduled meeting date of

Annual Report 2022 Corporate Governance 019 first call. Remote votes can be revoked subsequently by the same means used to cast them, always within the deadlines established for that purpose, or by personal attendance to the General Shareholders’ Meeting of the shareholder who casted the vote to his/her representative. 14. Decisions that can only be adopted by a qualified quorum According to EDPR’s Articles of Association and the General Shareholders’ Meeting Regulations, and as established in the law, both ordinary and extraordinary General Shareholders’ Meetings are validly constituted when first called if the shareholders, either present or represented, jointly reach at least twenty-five percent (25%) of the subscribed voting capital. On second call, the General Shareholders’ Meeting will be validly constituted regardless of the amount of the capital present or represented. Notwithstanding the above percentages, to validly approve the issuance of bonds, the increase or reduction of capital, the transformation, global assignment of assets and liabilities, merger or spin-off of the Company, the transfer of the Registered Office abroad, the elimination or limitation of pre-emptive rights of new shares and in general, any necessary amendment to the Articles of Association, in the Ordinary or Extraordinary Shareholders’ Meeting, it is required that on first call, the Shareholders, either present or represented, reach at least fifty percent (50%) of the subscribed voting capital and, on second call, at least twenty-five percent (25%) of the subscribed voting capital. In relation to the quorum required to validly approve these matters, in accordance with the Law, the Articles of Association and the General Shareholders’ Meeting Regulations, when the shareholders attending represent more than fifty percent (50%) of the subscribed voting capital, the above mentioned resolutions will be validly adopted by absolute majority, and in the case the shareholders attending represent between the twenty-five percent (25%) and the fifty percent (50%) – but without reaching it - the favorable vote of the two-thirds (2/3) of the present or represented capital in the General Shareholders’ Meeting will be required to approve these resolutions. EDPR has not established any mechanism that may intend to cause mismatching between the rights to receive dividends or the subscription of new securities and the voting right of each common share, and has not adopted mechanisms that hinder the passing of resolutions by shareholders, including fixing a quorum for resolutions greater than that provided by the law. II. Management and supervision a) Composition 15. Corporate Governance model EDPR is a Spanish Company listed in a regulated stock exchange in Portugal. The corporate organization of EDPR is subject to its personal law and to the extent possible, to the recommendations contained in the Corporate Governance Code of the Instituto Português de Corporate Governance (“IPCG”), resulted as of the Protocol signed on October 13 th , 2017 between the Comissão do Mercado de Valores Mobiliários (“CMVM” – Portuguese Securities Market Commission) and the IPCG, which was last reviewed in July 2020. This governance code is available at the IPCG website (https://cam.cgov.pt/). As such, the Company intends to comply with both legal systems but always taking into account that its personal law is the Spanish one, and that in case of discrepancy, the aim is to adopt the law that entails more protectionism for its shareholders. The governance structure of EDPR is the one applicable under its personal law, that comprises a General Shareholders’ Meeting and a Board of Directors that represents and manages the Company. Additionally, parallelly seeks to correspond it to the so-called “Anglo-Saxon” model set forth in the Portuguese Commercial Companies Code, in which the management body is a Board of Directors, and the supervision and control duties are of the responsibility of an Audit, Control and Related Party Transactions Committee. The organization and functioning of EDPR corporate governance model aims to achieve the highest standards of corporate governance, business conduct and ethics referenced on the best national and international practices. In line with the governance model above referred, and as detailed along topics 15 - 29 of this Chapter 5 of the Annual Report and contemplated in the law and Articles of Association of the Company, as of December 31 st , 2022, EDPR does not have a Supervisory Board, but its Board of Directors has set up three Delegated Committees entirely composed by Members of the Board of Directors: the Audit, Control and Related-Party Transactions Committee, the Appointments and Remunerations Committee and the Environmental, Social and Corporate Governance Committee. This structure and its functioning, enables a fluent workflow between all levels of the governance model, as: i) each of the Delegated Committees shall report the decisions taken to the Board of Directors (drafting the minutes of each of the meetings and also providing whatever further clarification is required by the Board), and ii) as the committees Members are also members of the Board, all of them will also receive the complete information at Board of Directors level (as convening of the meetings, supporting documents

and related minutes) in order to take the corresponding decisions; and all in all, thus ensuring in time and manner the access to all the information to the whole Board of Directors in order to appraise the performance, current situation and perspectives for the further development of the Company. The General Secretary constitutes the focal point in charge of the centralization of the reception and management of all the information and documents to be provided to the different Governing Bodies. This information is prepared by the different departments of EDPR, with the support when necessary of external experts, and always managed in a strictly confidential basis. Additionally, the corresponding duties and functioning procedures for the Governing Bodies (including but without limitation, the performance of their functions, their Chairmanship, periodicity of meetings, their functioning and the duties of their members) have been defined at the Articles of Association, the General Shareholders’ Meeting Regulations, and Board of Directors and Delegated Committees Regulations (which are published at the website of the Company www.edpr.com), with the aim of ensuring the adequacy in terms of time and manner of the elaboration, management and access to the information in order to procced at each level with the corresponding acknowledgements and decisions. In line with the above, the General Secretary sends the notices and supporting documents of the topics to be discussed in each meeting of the Board and of each of its committees to their proper discussion during the meeting. Besides the above, Secretary to the Board of Directors also provides necessary legal advice to the Governing Bodies. Finally, the minutes of all meetings of the Board of Directors and Delegated Committees are drawn and also circulated by the General Secretary. The governance model of EDPR was designed to ensure the transparent and meticulous separation of duties, management and the specialization of supervision, through the following governing bodies: • General Shareholders’ Meeting • Board of Directors • Audit, Control and Related Party Transactions Committee • Appointments and Remunerations Committee • Environmental, Social and Corporate Governance Committee The experience gained operating the Company through this structure indicates that the governance model approved by EDPR shareholders, and adopted in EDPR, is the most appropriate in line with the corporate organization of its activity, especially because it affords transparency and a healthy balance between the management and the supervisory functions. The links of the Company Website that refers to the information of the Governing Bodies and its regulations are indicated in topics 59-65 of this Chapter 5 of the Annual Report. 16. Rules for the nomination and replacement of directors According to Article 29.5 of the Company’s Articles of Association, the Appointments and Remunerations Committee is empowered by the Board of Directors to propose, advise and inform the Board regarding the appointments (including by co- option), re-elections, removals and remuneration of the Board Members, as well as the composition of the committees of the Board. This committee also advises on the appointment, remuneration and dismissal of top management officers. As also referred in the Company Articles of Association (Article 21) the term of office of the Board Members shall be of three (3) years and may be re-elected once or more times for equal periods. The appointment proposals shall be approved by majority. Following the best Corporate Governance practices, in 2022 there were analysed and reviewed the possible criteria applicable in the selection of the new members of its Governing Bodies. For these purposes there were taken into account the market trends and the specific needs of EDPR, in order to ensure the suitability of the roles , the contribution of the new profiles to a better performance, and the aim of ensuring a balanced composition in the bodies of the Company. As a conclusion of this reflection, the Appointments and Remunerations Committee agreed to consider as a reference certain standards and requirements in accordance with the following: • Individual attributes: education, competence, integrity, availability and experience. • Diversity: to be considered as a wide criteria, analyzed in accordance with the nature and complexity of the businesses developed, as well as according to the social and environmental context from time to time, and that will include, among others, gender, age and culture. It was expressly stated that this list should not be considered as an exhaustive nor limiting reference, and that in any case, depending on the needs and competences required, other criteria may be taken into account. Based on the above criteria, after the previous advice of the Appointments and Remunerations Committee, the Board of Directors submits the related proposals to the General Shareholders’ Meeting (including for sake of clarity, the curriculum vitae of the candidates, and the justifying report, which shall be publicly disclosed with the other supporting documents of the meeting in the terms referred in topic 13 above). For more information about the composition of the Board of Directors please check the Sustainability Chapter of the Annual Report at its topic GRI 405-1, and the Annex I of this Chapter 5 of the Annual Report, which includes the curricular details of its Members. Annual Report 2022 Corporate Governance 020

Annual Report 2022 Corporate Governance 021 Additionally, in case of a vacancy, pursuant to the Articles of Association and the Spanish Companies Law, the Board of Directors may co-opt a new Board Member, who will occupy the position until the next General Shareholders’ Meeting, to which a proposal will be submitted for the ratification of such appointment by co-option. Pursuant to the Spanish Companies Law, the co-option of Directors must be approved by absolute majority of the Directors at the Board meeting. Finally, pursuant to Article 23 of the Articles of Association and article 243 of the Spanish Companies Act, shareholders may group their shares until constituting an amount of capital equal or higher than the result of dividing the company’s capital by the number of Members of the Board, to be entitled to appoint a number of Directors equal to the result of the fraction using only whole amounts. Those shareholders making use of this power, cannot intervene in the nomination of the other members of the Board of Directors. 17. Composition of the Board of Directors Pursuant to Article 20 of the Company’s Articles of Association, the Board of Directors shall consist of no less than five (5) and no more than seventeen (17) Directors. Taking into account the size of EDPR and the complexity of the risks intrinsic to its activity, following the proposal of the Appointments and Remunerations Committee, the Board of Directors EDPR submitted to the Extraordinary Shareholders Meeting held on February 22 nd , 2021 the proposal to adjust the number of Directors of the Company to a total of twelve (12) members. As also referred in the Company Articles of Association (Article 21) the term of office of the Board Members shall be of three (3) years and may be re-elected once or more times for equal periods. On January 17 th , 2022, the Board acknowledged the resignation of Joan Avalyn Dempsey to her position as Director (with effects January 13 th , 2022), and on its meeting held on February 9 th 2022, the Appointments and Remunerations Committee analyzed the criteria drivers for the recruitment process to be launched to cover this position, concluding that the most adequate profile to be considered would be an American person of the less represented gender to be appointed as a non-executive an independent Director, which would be a profile difficult to find before the next Shareholders’ Meeting. In this context, the General Shareholders’ Meeting held on March 31 st resolved the continuation of the existing vacancy on the Board of Directors, leaving the position unfilled, and expressly setting forth that the Board of Directors may fill it by co-option after that General Meeting had been held. It was on May 3 th , 2022, when the Board of Directors, following the proposal presented by the Appointments and Remunerations Committee, appointed by co-option Kay Mc Call for this position (with effects June 1 st , 2022). Therefore, as of December 31 st , 2022, the Board of Directors was composed by the following Directors: MEMBER POSITION FIRST APPOINTMENT RE- ELECTION END OF TERM António Gomes Mota Independent Chairperson 12/04/2021 - 12/04/2024 Miguel Stilwell d’Andrade CEO & Executive Vice-Chairperson 19/02/2021 12/04/2021 12/04/2024 Rui Teixeira CFO and Executive Director 29/10/2019 12/04/2021 12/04/2024 Vera Pinto Director 26/02/2019 12/04/2021 12/04/2024 Ana Paula Marques Director 19/02/2021 12/04/2021 12/04/2024 Miguel Setas Director 12/04/2021 - 12/04/2024 Manuel Menéndez Director 04/06/2008 12/04/2021 12/04/2024 Acácio Piloto Director 26/02/2013 12/04/2021 12/04/2024 Allan J. Katz Director 09/04/2015 12/04/2021 12/04/2024 Rosa García García Director 12/04/2021 - 12/04/2024 José Manuel Félix Morgado Director 12/04/2021 - 12/04/2024 Kay Mc Call Director 1/06/2022 - Until the next General Shareholders’ Meeting Joan Avalyn Dempsey* Director 19/02/2021 - *Joan Avalyn Dempsey presented the resignation to her positions as Board Members with effects January 13 th , 2022. Likewise, since November 2 nd , 2021, the Secretary non-member of the Board of Directors is María González Rodríguez and the Vice-Secretary of the Board of non-member is Borja Pérez Dapena. 18. Executive, Non-Executive and Independent Members of the Board The independence of the Directors is evaluated according to the Company’s personal law, and annually confirmed by each of the corresponding Directors through the signature of an independence declaration. Likewise, EDPR Board of Directors Regulations, and Article 20.2 of its Articles of Association, defines independent Directors as those who are able to perform their duties without being limited by relations with the Company, its significant Shareholders, or its management officers and comply with the other legal requirements. Corporate Governance recommendations of the IPCG Code state that the number of non-executive directors should be higher than the number of executive directors, and that at least one third

022 over the total members shall be non-executive members that also comply with the independence criteria. In this sense, and provided that the independence criteria applicable to EDPR Directors are the ones established under its personal law, from a total of twelve (12) positions that composed of EDPR’s Board of Directors as of December 31 st , 2022, ten (10) were non-executive, being six (6) of them also independent. In accordance with the law and Articles of Association, it has been established that Non- Executive Directors can only be represented in the Board meetings by other Non- Executive Director. As such, it has been concluded that the composition of the Board and its Delegated Committees is suitable for the size of the company and the complexity of the risks intrinsic to its activity mainly considering that enables a separation of duties, management and specialization of supervision at the same time that the non-executive and independent directors take part in all the decisions also at the Board of Directors level. Should be noted to this extent that the Board of Directors is composed by a majority of non-executive members, with a high percentage of independents; and that the Audit, Control and Related Party Transactions Committee, the Appointments and Remunerations Committee and the Environmental, Social and Corporate Governance Committee are entirely composed by non- executive and independent members. Likewise, the executive line of the Board is centralized in two directors, who are supported in the daily activity of the Company by the Members of a Management Team. Spanish law, Regulations of the Board of Directors and Company Articles of Association regulate the criteria for the incompatibilities with the position of Director. Specifically, Article 23 of the Articles of Association, establish that the following can not be Directors: • Those who are directors of or are associated with any competitor of EDPR, or have family relations with them. In this respect a Company shall be considered as a competitor of EDPR, whenever it is engaged, if it is directly or indirectly involved in the production, storage, transport, distribution, marketing or supply of electricity or fuel gas; or also if has interests opposed to those of EDPR, or to the ones of any competitor or any of the companies in its group, and the Board members, employees, lawyers, consultants, or representatives of any of them. Under no circumstances shall companies belonging to the same group as EDPR, including abroad, be considered competitors; • Those who are in any other situation of incompatibility or prohibition under the law or EDPR’s Articles of Association. Under Spanish law, among others, are not allowed to be Directors those who are underage – under eighteen (18) years - and were not emancipated, disqualified, competitors, convicted of certain offences, or that hold certain management positions. The prevention and avoidance of the conflict of interest in the performance of the duties of the Directors of EDPR is regulated in line with the terms contained in article 229 of the Spanish Companies Law and implemented in article 28.3 of the Board of Directors Regulations, which is also applicable to the committees under article 12 of their respective regulations. This article states that in case any direct or indirect conflict of interest arose, it shall be communicated to the Board of Directors, being the Director involved obliged to abstain from intervening in the corresponding operation. Additionally, all the Board Members (and hence those of its Delegated Committees, as they are entirely composed by Members of the Board) shall annually sign an statement declaring their compliance with the terms of the requirements stated under article 229 of the Spanish Companies Law, and their commitment to notify any variation in the information declared under the statement as soon as it may occur, in order to fully comply with the loyalty duty and avoid any interference or irregularity in any decision- making process. The following table includes the executive, non-executive and independent members of the Board of Directors as of December 31 st , 2022: BOARD MEMBER POSITION António Gomes Mota Chairperson (non-Executive & independent) Miguel Stilwell d’Andrade CEO and Executive Vice-Chairperson Rui Teixeira CFO and Executive Director Vera Pinto Non-Executive Director Ana Paula Marques Non-Executive Director Miguel Setas Non-Executive Director Manuel Menéndez Non-Executive Director Acácio Piloto Non-Executive and independent Director Allan J. Katz Non-Executive and independent Director Rosa García García Non-Executive and independent Director José Morgado Non-Executive and independent Director Kay Mc Call Non-Executive and independent Director 19. Professional qualifications and biographies of the Members of the Board of Directors The skills and main positions held by the members of the Board of Directors, as well as those that they currently hold in Group and non-Group companies and other relevant curricular information details are available in the Annex I of this Chapter 5 of the Annual Report. Annual Report 2022 Corporate Governance

023 20. Family, professional and business relationships of the Members of the Board of Directors with qualifying shareholders Qualifying Shareholders in EDPR are subject to the Spanish Law, which regulates the criteria and thresholds of the shareholders’ holdings. As of December 31 st , 2022, and as far as the Company was informed, there are no family or business relationships of Members of the Board of Directors with qualifying shareholders but only professional relationships due to the fact that some of the Members of EDPR’s Board of Directors are currently Members of the Board of Directors in other companies belonging to the same group as EDP Renováveis S.A., which are the following: Miguel Stilwell d’ Andrade; Rui Teixeira; Vera Pinto; Ana Paula Marques; Miguel Setas and Manuel Menéndez. 21. Corporate bodies and management structure As exposed in topic 15 above, the governance model of EDPR was designed to ensure the transparent and meticulous separation of duties and the specialization of supervision through the following governing bodies and management structure: General Shareholders’ Meeting: which is the body in which the shareholders participate. Represents the Company with the full authority corresponding to its legal personality and has the power to deliberate, vote and adopt decisions, particularly on matters that the law and Articles of Association reserve for its decision and that must be submitted for its approval. Board of Directors: that represents and administrates the Company under the broadest powers of management, supervision and governance with no limitations other than the responsibilities expressly and exclusively granted to the jurisdiction of the General Shareholders’ Meeting in the Company’s Articles of Association, in the General Shareholders’ Regulations or in the applicable law. Executive Directors: EDPR has two Executive Directors who are also Joint Directors, Miguel Stilwell de Andrade (CEO) and Rui Teixeira (CFO), to whom the Board agreed to delegate all the competences that can be delegated as per established under the Company Bylaws and the applicable law. Delegated Committees: as regulated by the applicable Law and pursuant to the best corporate governance recommendations, EDPR has set up three additional specialized internal committees: - The Audit, Control and Related Party Transactions Committee, whose main duties are the supervision of the financial information and internal control, risk management and Compliance systems. It also assumes the functions related to the analysis and, when applicable, the approval of the Related Party Transactions of the Company. - The Appointments and Remunerations Committee, whose main duties are the assistance and report to the Board of Directors in the appointments, re-elections, dismissals, evaluation, and remunerations of Directors and Management Team members. - The Environmental, Social and Corporate Governance Committee, whose main duties are the assistance and report to the Board of Directors in the alignment with the market trends and the company needs regarding Environmental, Social and Corporate Govern- ance matters, with the aim of also providing the investors with more transparent and exhaustive information regarding matters related to Corporate Governance and Sustain ability. Management Team: On January 2021 the Board of Directors agreed to create this body in order to assume the conduction and supervision of the daily activity and performance of the Company. Annual Report 2022 Corporate Governance

024 Considering the growing tendence of EDPR and its presence in new geographies, it has been concluded that in order to ensure the required support to the needs to be covered both in business and technical terms, the appropriate composition of the Management Team will be the CEO and CFO, the representatives of EDPR’s Platforms (Europe, LaTam, APac and North America), and a member in charge of the coordination of the technical functions and Offshore business. Therefore, as of 31 st , 2022 the composition of the Management Team of EDPR was as follows: • Miguel Stilwell d’Andrade (CEO) • Rui Teixeira (CFO) • Duarte Bello (COO Europe&LaTam) • Pedro Vasconcelos (COO APac) • Sandhya Ganapathy (COO NA) • Bautista Rodríguez (CTO & Business Offshore) b) Functioning 22. Board of Directors regulations EDPR’s Board of Directors Regulations were last amended on December 12 th , 2022 and are available at Company’s website (www.edpr.com), and at Company’s headquarters at Plaza de la Gesta, 2, Oviedo, Spain. 23. Number of meetings held by the Board of Directors and attendance report According to the Law and its Articles of Association, EDPR’s Board of Directors meetings take place at least once every quarter. During the year ended on December 31 st , 2022, the Board of Directors held six (6) meetings. The notices and supporting documents of the topics to be discussed in each meeting are sent to the Board members in advance to their proper discussion during the meeting. Additionally, the minutes of all meetings are drawn and also circulated. The following table expresses the attendance percentage of the participation of the Directors to the meetings held during 2022: BOARD MEMBER POSITION ATTENDANCE* António Gomes Mota Chairperson (non-Executive and independent) 100% Miguel Stilwell d’Andrade CEO and Executive Vice-Chairperson 100% Rui Teixeira CFO and Executive Director 100% Vera Pinto Non-Executive Director 100% Ana Paula Marques Non-Executive Director 100%** Miguel Setas Non-Executive Director 100%** Manuel Menéndez Non-Executive Director 100%** Acácio Piloto Non-Executive Director and independent Director 100% Allan J. Katz Non-Executive Director and independent Director 83,33% Rosa García García Non-Executive Director and independent Director 100% José Félix Morgado Non-Executive Director and independent Director 100% Kay Mc Call Non-Executive Director and independent Director 100% *The percentage reflects the meetings attended by the Members of the Board during 2022, provided that Kay Mc Call was appointed by co- option on May 3 rd , 2022 ( with effects June 1 st , 2022), thus the percentage shown in the table reflects the attendance calculated over the meetings celebrated since such date. **Ana Paula Marques, Miguel Setas and Manuel Menendez were not able to attend to the Board of Directors meeting held on February 19 th ,2022 but in line with the Company bylaws and the applicable law, they delegated their representation and votes into other non-executive member of the Board (António Gomes Mota). Likewise, on February 7 th , 2022 it was held a meeting of non- executive Directors in order to analyze and assess the organization, composition and functioning of the Board of Directors and its Committees. 24. Competent body for the performance appraisal of Executive Directors The key performance indicators for the appraisal of the Executive Directors are set in advance and approved by the General Shareholder’s Meeting. Once the corresponding fiscal year is completed, the Appointments and Remunerations Committee performs the first assessment about the compliance with such key performance indicators, and submits its recommendation to the Board of Directors, which evaluates the proposal of this committee and makes the final decision. Should be noted that according to the personal law of EDPR, the definitive assessment of this performance is a non-delegable competence of the Board of Directors. Annual Report 2022 Corporate Governance

025 25. Performance evaluation criteria applicable to Executive Directors The criteria for assessing the Executive Directors’ performance are described on topics 70, 71 and 72 of this Chapter 5 of the Annual Report. 26. Availability of the Members of the Board of Directors The availability of the members of the Board of Directors is one of the individual attributes considered by EDPR in the selection processes, and a reference that is clearly being more observed and acquiring material relevance in the Market. As such, and with the aim of complying with the best governance practices, the Board of Directors resolved at its meeting held on October 25 th , 2022 to rule under its Regulations the performance of EDPR Executive Directors when they have executive functions in entities outside the Group; in accordance to which it has been stablished hat: i) the Executive members of the Board of Directors may not exercise executive functions in more than two companies outside EDP Group.; and ii) the exercise of that functions will be subject to prior assessment of the Appointments and Remunerations Committee and of the approval by the Board of Directors. The members of Board of Directors of EDPR are fully available for the performance of their duties having no constraints for the execution of this function simultaneously with other positions. The positions held at the same time in other companies within and outside the Group, and other relevant activities undertaken by members of the Board of Directors throughout the financial year are listed in the Annex I of this Chapter 5 of the Annual Report. c) Committees within the Board of Directors or Supervisory Board and Board Delegates 27. Board of Directors’ Committees As previously exposed, in line with Spanish Law and as specifically foreseen in Article 10 of the Company’s Articles of Association, the Board of Directors is entitled to create delegated bodies. The Board of Directors of EDPR has set up three committees: • Audit, Control and Related-Party Transactions Committee • Appointments and Remunerations Committee • Environmental, Social and Corporate Governance Committee The three Committees are composed exclusively by non-executive and independent members. 28. Details of the Executive Delegates of the Board On January 19 th , 2021, the Board of Directors agreed to appoint Miguel Stillwel d’Andrade and Rui Teixeira as Joint Executive Directors, delegating in them all the competences that can be delegated as per established under the Company Bylaws and the applicable law. On April 12 th , 2022 the Board agreed to re-elect both of them as Joint Executive Directors, as well as to again delegate in them all the competences that can be delegated as per established under the Company Bylaws and the applicable law. The reserved matters of the Board of Directors are identified in topic 9 of this Chapter 5 of the Annual Report and article 9 of the Board of Directors Regulations. 29. Committees’ competences Audit, Control and Related Party Transactions Committee Composition Pursuant to Article 28 of the Company’s Articles of Association and Article 9 of its Regulations, the Audit, Control and Related Party Transactions Committee consists of no less than three (3) and no more than five (5) members. Following the proposal submitted by the Appointments and Remunerations Committee, its Chairperson, Acacio Piloto, was first elected for this position on June 27 th , 2018, and re- elected on April 12 th , 2021. Annual Report 2022 Corporate Governance

026 The Audit, Control and Related Party Transactions Committee consists of three (3) non- executive and independent members, who as of December 31 st 2022, are the following: • Acacio Piloto, who is the Chairperson • Rosa García García • José Manuel Félix Morgado Additionally, María González Rodríguez is the Secretary of the Audit, Control and Related Party Transactions Committee since November 2 nd , 2021. The committee members shall maintain their positions for as long as they are Company Directors. Nevertheless, the Board may decide to discharge members of the committee at any time, and also the members may resign of these positions but still maintaining their seat as Members of the Board of Directors. Competences Notwithstanding the other duties that the Board may assign to this committee, it shall perform supervisory functions of Audit and Control independently from the Board of Directors, as well as, by delegation of the Board of Directors, the supervisory functions of the transactions between Related Parties, as follows: A) Audit and Control functions: • Reporting through the Chairperson on questions falling under its jurisdiction to the General Shareholders’ Meetings; • Proposing the appointment of the Company’s auditors to the Board of Directors for subsequent approval by the General Shareholders’ Meeting, as well as the contractual conditions, scope of the work – specially concerning audit services, “audit related” and “non-audit” – annual activity evaluation and revocation or renovation of the auditor appointments; • Supervising the finance reporting and the functioning of the internal risk management and control systems, evaluating those systems and proposing the adequate adjustments according to the Company necessities, as well as supervising the suitability of the preparation process and the disclosure of financial information by the Board of Directors, including suitable accounting policies, estimates, judgments, relevant disclosure and its consistent application between financial years in a duly documented and communicated form; • Supervising internal audits, in particular: i) approving and supervising in coordination with the CEO, the Annual Internal Audit Plan; ii) approving and reviewing the Internal Audit Rule; and, iii) supervising in coordination with the CEO and Management Team the implementation of the recommendations issued by Internal Audit; • Establishing a permanent contact with the External Auditors to assure the conditions, including independence, that may be adequate for provision of services performed by them, acting as the Company speaker for the subjects related to the auditing process, and receiving and maintaining information on any other questions regarding accounting subjects; • Preparing an annual report on its activities, including eventual constraints, and expressing an opinion on the Management Report, the accounts and the proposals presented by the Board of Directors; • Receiving notices of financial and accounting irregularities presented by the Company’s employees, shareholders, or entities that have a direct interest and judicially protected, related with the Company’s social activity; • Engaging the services of experts to collaborate with committee members in the performance of their functions (when engaging the services of such experts and determining their remuneration, it must be taken into account the importance of the matters entrusted to them and the economic situation of the Company); • Drafting reports at the request of the Board and its Committees; • Approving and supervising, in coordination with the Management Team, the Annual Activity Plan of the Corporate Compliance Department; • Appreciating and monitoring the recommendations on measures to be taken in situations of significant non-compliance; • Supervising compliance with regulations and alignment of business processes with the requirements of the Compliance Management System in order to achieve a sustainable compliance culture throughout the Company. B) Related Party Transactions functions: • By delegation of the Board of Directors: i) Analyzing and, where appropriate, approving the (i) (a) intragroup transactions or (b) transactions performed between EDPR Group and EDP Group when their amount is below 10% of the total assets at the last annual balance sheet approved by the company, as long as they are in the ordinary management of the company and under market conditions; (ii) transactions executed under contracts with standardized Annual Report 2022 Corporate Governance

027 terms that are wholesale applied to a high number of clients under prices or tariffs generally established by the supplier of the goods or services, and which amount does not exceed the 0,5% of the net annual company turnover; and periodically informing the Board of Directors about the transactions approved by this Committee in the exercise of the above referred delegation, stating the fairness and transparency of such transactions, and as the case may be, the compliance with the applicable legal criteria; i. Analyzing and informing about any modification of the Framework Agreement signed by EDP and EDP Renováveis on 7 May 2008; ii. Submitting reports to the Board of Directors of the Company regarding the Related Party Transactions - that shall be approved by the Board of Directors of EDPR SA or by its Shareholder’s Meeting in accordance with the law - and that shall include: (i) the information regarding the nature of the operation and the relation with the Related Party, (ii) the identity of the Related Party, the date and value or amount of the compensation of the transaction, and any other information necessary to appraise if the operation is fair and reasonable for the company and for the non- Related Party shareholders; • Asking EDP for access to the information needed to perform its duties. Functioning In addition to the Articles of Association and the law, this committee is governed by its regulations (that were last amended on February 15 th 2022), which are available at the Company’s website (www.edpr.com). The committee shall meet at least once a quarter and additionally whenever its Chairperson deems fit. The notices and supporting documents of the topics to be discussed in each meeting of this committee are sent to its members in advance to their proper discussion during the meeting. Additionally, this committee shall draft minutes of every meeting held and inform the Board of Directors of its decisions at the first Board held after each committee meeting. Decisions shall be adopted by majority and the Chairperson shall have the casting vote in the event of a tie. 2022 Activity In 2022 the Audit, Control and Related Party Transactions committee’s activities included the following: A) Audit and Control Activities: • Monitor the closure of quarterly accounts, first half-year and year-end accounts; • Information about the proposals of application of results for the fiscal year ended on December 31 st 2021 and the distribution of dividends; • Information about the independence of the External Auditor; • Assessment of the external auditor’s work, especially concerning the scope of work in 2022, approval of all “audit related” and “non- audit” services and analysis of external auditor’s remuneration; • Assessment on the policies and remunerations systems of the Company; • Supervision of the quality and integrity in the preparation and disclosure of the financial information in accordance with the applicable accounting policies, estimates and judgments; • Issuance of an opinion about the individual and consolidated reports (including the Corporate Governance report) and accounts, in a quarterly, half year and yearly basis; • Monitorization of Internal Audit Activity, including the supervision of the execution of the Audit Plan for 2022, its Budget and headcount and pre-approval of the draft prepared for the 2023 Internal Audit Plan; • Monitorization of the recommendations issued by Internal Audit; • Follow-up and supervision of the quality, integrity and efficiency of the treasury management (finance and debt), the Internal Control System, Compliance (including the supervision of the execution of the Activity Plan for 2022 for EDPR and OW and approval of the draft prepared for the 2023 Activity Plan) and Risk Management; • Monitorization and evaluation of the risk management performed during 2022, issuing a report including the assessment about Internal Control System and Risk Management; • Information about claims received regarding financial irregularities; • Information about the contingencies affecting to the Group; • Issuance of the report of its activities performed during 2021 ; • Issuance of a self-assessment about its performance and an appraisal of the Internal Audit functions regarding fiscal year 2021; • Attended to a specific internal training regarding the investment process in EDPR, in which among others, there were exposed the framework processes applicable to investment and divestments, the internal approval requirements and thresholds, and the next steps followed after the acquisition of a project; • Following the best Corporate Governance practice, the Committee held a specific and complementary meeting with the External Auditors twice a year to discuss any remark in the process of the elaboration of the Company half year and year end accounts; • On October 2022, the Audit, Control and Related Party Transactions Committee of EDPR organized a two-day event in Oviedo (headquarters of the Company) for the other Audit Annual Report 2022 Corporate Governance

028 Committees of the listed companies of EDP Group, in order to discuss the best practices related to Internal Audit, Risk, Compliance and Accounting &Tax functions, to analyze the most relevant challenges of the competences of Audit Committees, and to agree on the approaches and next steps for achieving the highest standards and targets on all these matters. • Analyzed the impact of the Ukraine War (long-lasting effects across all economy sectors, impacting pool prices across all EU wholesale markets and the need to accelerate the green transition); • Review of the legal opinion issued by King & Wood Mallesons regarding the status of Internal Audit in Ocean Winds; • Considering the growing tendency and the services hired to the external auditor, it was agreed to submit for the Board of Directors consideration, the Regulation on the provision of Services by the External Auditor of EDPR (both audit and non- audit) , under which, they are regulated, among others, the provision of their services, and the relationship with the External Auditor; • Concluded that it was advisable to consider the External Auditor appointed for EDPR S.A. as a preferred option for the other companies of its perimeter (including the new companies that are being acquired), provided that the independency of the External Auditor is guaranteed, as well as the quality of the scopes offered and the fees quoted; • Analyzed the European whistleblowing Directive and the national transpositions that establish the new regulatory framework for whistle-blower channels, and agreed to set up the structure an Integrated Whistleblowing Management System in EDPR, and the incorporation of a single “Speak-up” channel; • Approved, for its submission to the Board of Directors approval, the update to the Compliance standard, the Integrity Policy and Criminal Compliance Policy in order to include the reference to the sanctioning procedure and the Speak up Channel; • Reviewed the organization, targets and challenges regarding H&S matters for 2022. B) Related Party Transactions Activities: In 2022, the Audit, Control and Related Party Transactions Committee revised, approved and submitted to the Board of Directors the transactions between related parties submitted to its consideration in accordance with its competences and the applicable law. Section E – I, topic 90 of Chapter 5 this Annual Report includes a description of the fundamental aspects of the agreements and contracts between related parties. The Audit, Control and Related Party Transactions Committee found no constraints during its control and supervision activities. The information regarding the meetings celebrated by this Committee and the attendance of its related members during the year 2022 is described at topic 35. Appointments and Remunerations Committee Composition Pursuant to Article 29 of the Company’s Articles of Association and Article 9 the Appointments and Remunerations Committee Regulations, this committee shall consist of no less than three (3) and no more than six (6) members. At least one of its members must be independent and shall be its Chairperson. In accordance with its personal law (Spanish law), with recommendation V.3.3. of the Corporate Governance Code of IPCG, and to the extent possible with recommendation V.2.1. of the Corporate Governance Code of IPCG (as considering that in Spain this committee shall be created by the Board and being entirely comprised by members of its Board of Directors), the Appointments and Remunerations Committee of EDPR is entirely integrated by Non- Executive and Independent Directors. The Appointments and Remunerations Committee consists of three (3) non-executive an independent, as of December 31 st 2022, are the following: • António Gomes Mota, who is the Chairperson • Rosa García García • José Félix Morgado Additionally, María González Rodríguez is the Secretary of the Appointments and Remunerations Committee since November 2 nd , 2021. None of the committee members are spouses or up to third degree relatives in direct line of the other members of the Board of Directors. The committee members shall maintain their positions for as long as they are Company Directors. Nonetheless, the Board may decide to discharge members of the committee at any time and the members may resign said positions while remaining Company Directors. Annual Report 2022 Corporate Governance

029 Competences The Appointments and Remunerations Committee is a permanent body belonging to the Board of Directors with an informative and consultative nature and its recommendations and reports are not binding. The Appointments and Remunerations Committee has no executive functions. The main functions of this committee are to assist and report to the Board of Directors about appointments (including by co-option), re- elections, removals and remuneration of Directors and members of the Management Team. It also informs the Board of Directors on general remuneration and incentives for Board members and executive staff. These functions include the following: • Defining the standards and principles governing the composition of the Board of Directors and the selection and appointment of its members; • Proposing the appointment and re-election of Directors (including nominations by co- option) for the submission to the General Shareholders’ Meeting by the Board of Directors; • Proposing to the Board of Directors the candidates for the different Committees; • Proposing to the Board, within the limits established in the Articles of Association, the remuneration system, distribution method, and amounts payable to the Directors; • Making proposals to the Board of Directors on the conditions of the contracts signed with Directors; • Informing and making proposals to the Board of Directors regarding the appointment and/or removal of executives and the conditions of their contracts and generally defining the hiring and remuneration policies of executive staff; • Reviewing and reporting on incentive plans, pension plans, and compensation packages; • Any other functions assigned in the Articles of Association or by the Board of Directors. Likewise, until October 25 th , 2022, this Committee assumed the functions related reflection on the Corporate Governance structure of the Company and on its efficiency, and of supervising the compliance with, and the correct application of, the corporate governance principles and standards in force. At that date, the Board resolved to create a specialized Committee focused on Environmental, Social, and Corporate Governance matters, and therefore, to assign to it these competences. Considering this new distribution of functions, it was also agreed to adjust the name of the Appointments, Remunerations and Corporate Governance Committee to eliminate references to the assumption of Corporate Governance matters (thereinafter Appointments and Remunerations Committee), and to also amend its Regulations accordingly. In accordance with the personal law of EDPR, all the Board Members shall attend to the General Shareholder’s Meeting, and as exposed in topic 15 of this Chapter 5 of the Annual Report, all the Delegated Committees are composed Directors. As such, the Chairperson of the Appointments and Remunerations Committee shall attend the Shareholder’s Meetings, and in case its agenda includes any topic related to remuneration of the company’s governing bodies, this Director will be most adequate to answer. In 2022 it was held one Shareholders’ Meeting on March 31 st , and the Chairperson of the Committee, Antonio Gomes Mota, attended. Functioning In addition to the Articles of Association, the Appointments and Remunerations Committee is governed by its Regulations (that were last amended on October 25 th , 2022), which are available at the Company’s website (www.edpr.com). The notices and supporting documents of the topics to be discussed in each meeting of this committee are sent to its members in advance to their proper discussion during the meeting. Additionally, this committee shall draft minutes of every meeting held and inform the Board of Directors of its decisions at the first Board held after each committee meeting. Decisions shall be adopted by majority and the Chairperson shall have the deciding vote in the event of a tie. 2022 Activity In 2022 the Appointments and Remunerations Committee held four (4) meetings, and the main activities performed were: • Issued its opinion regarding the performance evaluation for year 2021 of the Board of Directors, the CEO, the CFO and the COO of Europe & LatAm, as well as of the Delegated Committees; • Reviewed and approved the Corporate Governance Report related to 2021, to be submitted by the Board of Directors to the General Shareholders’ Meeting; • Reviewed and approved the Remunerations Report related to 2021, to be submitted by the Board of Directors to the General Shareholders’ Meeting; • Prepared a proposal of a new Remuneration Policy to be applied to the Board of Directors and its Delegated Committees for 2023-2025, to be submitted by the Board of Directors for approval by the General Shareholders’ Meeting; Annual Report 2022 Corporate Governance

030 • Issued a report required under the Spanish Companies Act regarding the new Remuneration Policy proposed for the Board of Directors and its Delegated Committees for 2023-2025, to be published as additional supporting document to the General Shareholders’ Meeting; • Reviewed the General Shareholders’ Meeting bylaws proposed for EDPR, to be submitted by the Board of Directors for approval by the General Shareholders’ Meeting; • Reviewed and approved the statutory amendment proposal to be submitted by the Board of Directors for approval by the General Shareholders’ Meeting, in order to align its contents with the new Spanish Companies’ Act, and with the updates incorporated during 2021 with regards to the Board of Directors and Committees competences included under its Regulations; • Acknowledged the resignation to the position as Board Member presented by Joan Avalyn Dempsey (with effects January 13 th , 2022), and analyzed the criteria drivers for the recruitment process to be launched to cover this position; • Drafted the report of its activities performed during the year 2021; • Issued a reflection on the Corporate Governance system adopted by EDPR during 2021; • Analyzed of the most adequate candidates to cover the vacancy left by Joan Avalyn Dempsey, proposing to this end to the Board of Directors the appointment by co-option of Kay Mc Call as Independent Director; • Defined the criteria to be considered in a Succession Plan for the Management Team, and agreed on a final proposal for the one applicable to the COOs (COO APac, COO Europe & LatAm, COO NA) and the CTO; • Reviewed and approved the Development Program proposed for the Non-Executive Directors (including General Training Programs regarding Corporate Governance Matters and Board effectiveness; specific trainings regarding Committee’s competences, and in-house programs to be defined); • Reviewed the Remuneration of the Management Team, and agreed on a final proposal to be submitted to the Board of Directors regarding the new remuneration package for EDPR COOs (COO APAC, COO Europe & LatAm, COO NA) and CTO; • Analyzed and approved the appraisal proposed of the KPIS established under the LTIP for year 2021 for the Management Team (notwithstanding that the final evaluation would be after completing 2023); • Analyzed the convenience of incorporating a delegated committee specialized on Environmental, Social and Corporate Governance matters; • Analyzed the most adequate names, competences, composition and remuneration for the members of an Environmental, Social and Corporate Governance Committee in EDPR, and agreed to submit to the Board of Directors a proposal to on these regards, as well as of the regulations applicable to the Committee; • Considering that the Corporate Governance matters that were assigned to the Appointments, Remunerations and Corporate Governance Committee would be assigned to the new Environmental Social and Corporate Governance Committee, agreed to adjust the name and competences established under its regulations, in order to eliminate the reference to Corporate Governance functions; • Agreed to submit to the Board of Directors a proposal regarding the new remuneration package for EDPR COOs (COO APAC, COO Europe & LatAm, COO NA) and CTO; • Discussed and acknowledged the feedback received by the CEAM regarding the Corporate Governance report issued for 2021, and agreed with the action plan proposed; • In order ensure the suitability of the roles in the Governing Bodies of the Company, their contribution to a better performance and to safeguard a balanced composition, reviewed the selection criteria applicable to members of the governing bodies of the Company considering: i) Individual attributes (education, competence, independence, integrity, availability and experience), and ii)diversity attributes (considered as a wide criteria, analyzed in accordance with the nature and complexity of the businesses developed, as well as under the social and environmental context from time to time, that among others, would include gender, age and culture); • With the aim of complying with the best governance practices, agreed to propose to the Board of Directors to rule the performance of EDPR Executive Directors when they have executive functions in entities outside the group, by amending the Board of Directors Regulations to include the rules of this accumulation of functions; • Analyzed the proposal of review of the IPCG Corporate Governance code launched in 2022; • Approved to propose to the Board of Directors the update of the Management Services Agreement between EDP and EDPR through the execution of the 8 th Amendment, in order to align its terms with the corresponding modifications in the remunerations that were approved at the time both for non-executive directors, as well as for the positions of CEO and CFO; • Analyzed and approved the Succession Plan proposed for the Chairman of the Board of Directors and of the Chairman of the Audit, Control and Related Party Transactions Committee, for its submission to the Board of Directors; • Analyzed the revised version of the Code of Ethics proposed for EDPR. Environmental, Social and Corporate Governance Committee Considering that Environmental, Social and Corporate Governance issues are gaining more relevance, that the new investor profiles demand more and better information on the sustainable performance of companies and that the new regulation trends that aim to get Annual Report 2022 Corporate Governance

031 commitment with the integration of these aspects, during 2022 it was analyzed the convenience of incorporating a delegated committee specialized on these matters. It was on October 25 th , when the Board of Director agreed, in accordance with the proposal submitted the Appointments and Remunerations Committee, to incorporate in EDPR an Environmental, Social and Corporate Governance Committee, and also specifically approving its competences, composition, remuneration of its members and the regulations applicable to the Committee. Composition Pursuant to Article 9 the Environmental, Social, and Corporate Governance Committee Regulations, this committee shall consist of no less than three (3) and no more than six (6) members, and the majority of them shall be independent. The Chairperson of the Environmental, Social, and Governance Committee shall be appointed by the Board of Directors amongst the Committee’s members and must necessarily be an independent director. The Environmental, Social, and Corporate Governance Committee consists of five (5) non- executive an independent, that as of December 31 st 2022, are the following: • Antonio Gomes Mota, who is the Chairperson • Allan J. Katz • Cynthia Kay Mc Call • Rosa María García García • José Manuel Félix Morgado Additionally, María González Rodríguez is the Secretary of the Environmental, Social, and Corporate Governance Committee since its incorporation, on October 25 th , 2022. The committee members shall maintain their positions for as long as they are Company Directors. Nonetheless, the Board may decide to discharge members of the committee at any time and the members may resign said positions while remaining Company Directors. Competences The Environmental, Social, and Governance Committee is a specialized and delegated committee of a merely informative and consultative nature whose recommendations are not binding and that performs no executive functions. This Committee assists and reports to the Board of Directors in the alignment with the market trends and the company needs regarding Environmental, Social, and Governance matters, with the aim of also providing the investors with more transparent and exhaustive information regarding matters related to Corporate Governance and Sustainability. These functions include the following: • Oversee the Company's key environmental, social and corporate governance key performance indicators included in the Business Plan and monitor their achievement. • Propose to the Board of Directors EDPR’s sustainability and environmental, social, and corporate governance policies and their update. • Promote, steer, and oversee the Company’s objectives, action plans and practices in health, safety and occupational risk prevention. • Review and present to the Board of Directors the Annual Report (EINF). The Committee shall also monitor the Company's relationship and reporting to investors, indexes and rating agencies on sustainability issues. • Monitor and conduct a regular review of the main environmental, social, and corporate governance trends and regulatory developments relevant to the Company’s activity. • Analyse the integration of environmental, social, and corporate governance risks and opportunities into the Company´s procedures and its Risk Management System. • Update and inform the Board of Directors on the stakeholder relations and dialogue model, in order to understand the needs and expectations of all EDPR's stakeholders (employees, clients, suppliers, subcontractors, and others). • Oversee and assess the Company’s corporate image and its reputation with the various stakeholders, namely in terms of the market in general and consumers, investors and supervisory authorities, public and published opinion, monitoring the activity of the Company’s competent services, taking into consideration the implemented strategies, policies, process and procedures implemented, privileging the spirit of service to the Community. • Oversee and assess the suitability of the corporate governance model implemented by the Company and their compliance with internationally accepted models of corporate governance, forwarding any appropriate recommendations in this area to the Board of Directors. • Supervise compliance with, and the correct application of, the corporate governance principles and standards in force, promoting and requesting the exchange of information necessary for this purpose. • Any other functions assigned to it in the Articles of Association or by the Board of Directors. Annual Report 2022 Corporate Governance

032 Functioning In addition to the Articles of Association, the Environmental, Social and Corporate Governance Committee is governed by its Regulations (approved on October 25 th , 2022), which are available at the Company’s website (www.edpr.com). The committee shall meet whenever its Chairperson deems fit. The notices and supporting documents of the topics to be discussed in each meeting of this committee shall be sent to its members in advance to their proper discussion during the meeting. Additionally, this committee shall draft minutes of every meeting held and inform the Board of Directors of its decisions at the first Board held after each committee meeting. Decisions shall be adopted by majority and the Chairperson shall have the casting vote in the event of a tie. 2022 Activity As the Committee was incorporated by the end of year 2022, this Committee has not met yet, but the first meeting is foreseen for February 2023. III. Supervision a) Supervision 30. Supervisory Board - model adopted EDPR’s governance model, as long as it is compatible with its personal law (Spanish law), corresponds to the so -called “Anglo- Saxon” model set forth in the Portuguese Commercial Companies Code, in which the management body is a Board of Directors, and the supervision and control duties are of the responsibility of an Audit, Control and Related Party Transactions Committee. 32. Independence of the Members of the Audit, Control and Related Party Transactions Committee Information concerning the independence of the members of the Audit, Control and Transactions Party Committee is available on the chart of topic 18 of this Chapter 5 of the Annual Report. As mentioned on the first paragraph of topic 18, the independence of the members of the Board and of its committees is evaluated according to the Company’s personal law, the Spanish law. 33. Professional qualifications and biographies of the Members of the Audit, Control and Related Party Transactions Committee Professional qualifications of each member of the Audit, Control and Related Party Transactions Committee and other important curricular information, are available in the Annex I of this Chapter 5 of the Annual Report. b) Functioning 34. Audit, Control and Related Party Transactions Committee Regulations The Audit, Control and Related Party Transactions Committee regulations are available at the Company’s website (www.edpr.com) and at the Company’s Headquarters at Plaza de la Gesta, 2, Oviedo, Spain. 35. Number of meetings held by the Audit, Control and Related Party Transactions Committee The Audit, Control and Related Party Transactions Committee periodically meets representatives of the internal specialized departments involved in the areas under committee’s competences in order to discuss the information periodically reported about, among others, work plans and resources of Internal Audit, Compliance and SCIRF, Company accounts, detection claims regarding financial irregularities, global risk management and audit and non-audit services provided by the External Auditor (including the appraisal about its independence). This regular interaction, in particular with regards to the periodical discussion of the development and status of the alignment of the level of risk and the accomplishment of objectives set by the Board of Directors, provides the committee with the necessary information for the development of its functions and in particular, for the assessments issued under the appraisal report over the functions of Internal Audit, and the Report regarding Risk Management and appraisal of the Internal Control System , that this committee issues for every fiscal year. During 2022, the Audit, Control and Related Party Transactions Committee held a total of eleven (11) meetings, and as referred in paragraph above, in order to better perform its supervisory functions over the activities reported by the areas within its competences, the Annual Report 2022 Corporate Governance

033 committee invited the responsible teams of the related areas to several of these meetings to provide the updates of the status of their activity and accomplishment of targets. As such, the participation of these departments at these meetings in 2022 was as follows: Internal Audit participated in nine (8), Compliance and Internal Control in four (4), Global Risk in five (5), Planning and Control in four (4); Finance in three (3) and Administration, Consolidation and Tax in six (6). Likewise, the committee invited the External Auditors to six (6) of these meetings. The following table reflect the attendance of the members of the Audit, Control and Related Party Transactions Committee to its meetings held during 2022: MEMBER POSITION ATTENDANCE Acacio Piloto Chairperson 100% Rosa García García Vocal 100% José Manuel Félix Morgado Vocal 100% Likewise, on January 28 th , 2022, it was arranged a training for the Committee regarding the investment process in EDPR, in which among others, there were exposed: the framework processes applicable to investment and divestments, the internal approval requirements and thresholds, and the next steps to be followed after the acquisition of a project. 36. Availability of the Members of the Audit, Control and Related Party Transactions Committee The members of the Audit, Control and Related Party Transactions Committee are fully available for the performance of their duties having no constraints for the execution of this function simultaneously with positions in other companies. The positions held simultaneously in other companies inside and outside the Group and other relevant activities undertaken by members of this committee throughout the financial year are listed in Annex I of this Chapter 5 of the Annual Report. c) Powers and duties 37. Procedures for hiring additional services to the External Auditor On July 2022, EDPR approved an internal regulation to rule the provision of services and relationship with the External Auditor, with regards to both audit and non-audit services to be hired, and the reporting and approval procedure to be applied. These regulations also establish the independence criteria to be considered. In accordance to the rules included under this regulation, and in line with recommendation VII.2.1. of the IPCG Corporate Governance Code, in EDPR there is a policy of pre- approval by the Audit, Control and Related Party Transactions Committee of the provision of non-audit services to be provided by the External Auditor and any related entity. This policy was strictly followed during 2022. This competence is also established under Article 8. A) b) of the Committee Regulations. The analysis of the adequacy of the provision of non- audit services by the External Auditor and entities in a holding relationship (with or incorporated in the same network as the External Auditor) is performed considering the following aspects: (i) such services having no effect on the independence of the External Auditor and any safeguards used; and (ii) the position of the External Auditor in the provision of such services - notably the External Auditor’s experience and knowledge of the Company. Furthermore, although hiring services other than auditing services to the External Auditor is admissible, it is envisaged as an exception. In 2022 such services reached only around 5.33% of the total amount of services provided to the Company. 38. Other duties of the Audit, Control Related Party Transactions Committee Apart from the competences expressly delegated on the Audit, Control and Related Party Transactions Committee according to Article 8 of its Regulations, and in order to safeguard the independence of the External Auditor, the following additional competences of this committee were exercised during the 2022 financial year and should be highlighted: • Pre-approval of any services to be hired from the External Auditor and perform its direct and exclusive supervision; • Assessment of the qualifications, independence, and performance of the External Auditors, and obtaining, yearly and directly from the External Auditors, written information on all relations existing between the Company and the Auditors or associated persons, including all services rendered and all services in progress. In order to evaluate independence, the Audit Committee, obtained the information regarding External Auditors’ independence in light of the Spanish Law no. 22/2015 of July 20th, 2015 (“Ley de Auditoría de Cuentas”); • Review of the transparency report, signed by the Auditor and disclosed at its website. This report covers the matters provided for under Law no. 22/2015 of July 20th, 2015 (“Ley de Annual Report 2022 Corporate Governance

034 Auditoría de Cuentas”); including those regarding the quality control internal system of the audit firm and the quality control procedures carried out by the competent authorities; • Review with the External Auditors their scope, planning, and resources to be used in their provision of services; • Following the best Corporate Governance practice, the Committee held a specific and complementary meeting with the External Auditors twice a year to discuss any remark in the process of the elaboration of the Company half year and year end accounts; • Considering the growing tendency and the services hired to the external auditor, it was agreed to submit for the Board of Directors consideration, the Regulation on the provision of Services by the External Auditor of EDPR (both audit and non- audit), under which, there are regulated, among others, the provision of their services, and the relationship with the external Auditor. IV-V. STATUTORY AND EXTERNAL AUDITORS 39-41. According to the Spanish law, the External Auditor (“Auditor de Cuentas”) is appointed by the General Shareholders’ Meeting and corresponds to the statutory auditor body (“Revisor Oficial de Contas”) described on the Portuguese Law. The information about the External Auditor is available in topics 42 to 47 of this Chapter 5 of the Annual Report. 42. External Auditor identification The main criteria considered in the selection of the most suitable and competitive firm to be appointed as External Auditor of EDPR are the following: • Recognized technical and professional track record as External Auditor; • Consolidated Know-How about the business developed by the whole Group; • Tailored and highly prepared working team; • Competitive contractual conditions and working methodology (including but without limitation, the total estimation of hours required for the development of the services- both as a total for the complete provision of services, and per each professional category of the proposed team); • Competitive fee proposal, including the final cap and a breakdown referring the price average per hour, and the remuneration per hour for each professional category of the proposed team. As a result of a competitive process launched in 2017, during which the above criteria were exhaustively analyzed, PricewaterhouseCoopers Auditores, S.L. was appointed as EDPR SA External Auditor by the Shareholder’s Meeting held on April 3 rd , 2018. PricewaterhouseCoopers Auditores, S.L., is a Spanish Company registered at the Spanish Official Register of Auditors under number S0242 with Tax Identification Number B- 79031290. The renewal of PricewaterhouseCoopers Auditores, S.L. as External Auditor of EDPR SA for years 2021, 2022 and 2023 was approved by EDPR’s Shareholders Meeting on April 12 th , 2021, and the audit partner in charge of EDPR is Iñaki Goiriena Basualdu . 43. Number of years of the External Auditor PricewaterhouseCoopers Auditores, S.L. is in charge of the audit of EDPR S.A. accounts for the years 2021, 2022 and 2023, being 2018 the first year performing these duties. 44. Rotation Policy Until year end of 2022, the personal Law of EDPR - the Spanish Law- and EDPR External Auditor Regulations, established the maximum term for an audit firm as the External Auditor of a listed company in a 10-year term. However, this reference was updated under the Spanish Law with effects January 2023, in order to establish that the maximum term will be a total of 20 years, provided that a public tender is launched after completing the tenth fiscal year. Following the proposal of the Audit, Control and Related Party Transactions Committee presented to the Board of Directors to its submission to the General Shareholders’ Meeting, on its meeting held on April 3 rd 2018, it was approved to appoint PricewaterhouseCoopers Auditores, S.L as EDPR’s External Auditor for the years 2018, 2019 and 2020. The renewal of PricewaterhouseCoopers Auditores, S.L. as External Auditor of EDPR SA for years 2021, 2022 and 2023 was approved by EDPR’s Shareholders Meeting on April 12 th , 2021. Annual Report 2022 Corporate Governance

035 Likewise, the applicable regulation requires that in case of listed companies, every five (5) years since the initial contract, the person designated by the External Auditor as its signatory of the audit report shall also rotate. For these purposes, it is hereby stated that 2022 is the fifth year of Iñaki Goiriena Basualdu, current partner signing the audit report of the Group, as auditor of EDPR Group. 45. External Auditor evaluation The Audit, Control and Related Party Transactions Committee is responsible for the monitorization and annual evaluation of the services provided by the External Auditor according to the competences granted by its Regulations and in line with the rules established under the Regulations for the provision of services by the Statutory Auditor. In order to perform this assessment, this committee periodically includes in the agenda of its meetings a topic regarding the review of the services provided by the External Auditor (both audit and non- audit) and the fees already incurred and those estimated until year end. Likewise, and as exposed in topic 35 of this Chapter 5 of the Annual Report, the External Auditor attends and participates in some of the meetings held by this committee, mainly in order to analyze the results of their audit reports. As such, the Audit, Control and Related Party Transactions Committee acts as the company speaker with the External Auditor, with whom establishes a permanent contact throughout the year to assure the proper conditions for the provision of both the statutory audit services and non-audit services, and being also the body in charge of monitoring its independence along the year. Likewise, the External Auditor shall sign an annual statement declaring its independence. During 2022, according to the Audit, Control and Related Party Transactions Committee’s competences and in line with Recommendation VII.2.2, this committee was the first and direct recipient and the corporate body in charge of the permanent contact with the External Auditor on matters that may pose a risk to their independence as well as any other matters related to the auditing of accounts. Additionally, in compliance with the auditing standards in effect, it also receives and maintains the record of information about other matters as provided in the applicable auditing and accounting legislation. The External Auditor, within the scope of its duties, verified the implementation of the remuneration policies and systems of the corporate bodies as well as the efficiency and effectiveness of the internal control mechanisms and report any shortcomings to the Audit, Control and Related Party Transactions Committee of the Company. 46. Non-Audit Services carried out by the External Auditor As previously referred, on July, 2022, it was approved the regulation on the provision of services by the Statutory Auditor or Statutory Audit Firm, which defines and promotes criteria and methodologies to safeguard the independence of the audit and non-audit services . In accordance with such regulation, the Audit, Control and Related Party Transactions Committee closely follows the requests of non- audit services, each of which necessarily require the preapproval of this committee before its provision as per exposed in topic 29 of this Chapter 5 of the Annual Report and Article 8.A),b) of its Regulations. The identification of such non- audit services that will eventually be provided by the External Auditors is performed under the rules issued by the European Union on this matter, in particular under Regulation 537/2014 and the Spanish Auditing Law nº 22/2015, of 20 th July, as well as when applicable, in line with the particularities of the local regulations where the service is to be provided. During 2022 the non-audit services provided by the External Auditor of EDP Renováveis S.A (PricewaterhouseCoopers Auditores, S.L) consisted mostly on i) limited review as of March 31, 2022, June 30 th , 2022 and September 30 th , 2022 of the EDPR Interim Consolidated information; ii) review of the internal control system on financial reporting for the EDPR Group; iii) review of the non-financial information related to sustainability included in the EDPR Group’s annual report; and iv) access to a repository of international accounting standards as well as to the PwC Accounting Manual in digital version. Other non-audit services provided by the External Auditor or its network to EDPR’s subsidiaries mainly refer to i) agreed-upon procedures related to the review of covenants in the context of bank financing agreements; ii) IFRS adoption for some EDPR subsidiaries, iii) procedures for reviewing compliance with financing capacity in accordance with the criteria defined by the European Commission, within the framework of European Regulation 2021/2041 and iv) services in relation to compliance with the merger project of certain group companies. PricewaterhouseCoopers Auditores, was engaged to provide the above-mentioned services due to its in-depth knowledge of the Group’s activities and processes. These engagements did not risk their independence as External Auditors and were pre - approved by the Audit, Control and Related Party Transactions Committee prior to rendering the services. Annual Report 2022 Corporate Governance

036 47. External Auditor remuneration in 2022 for EDP Renováveis S.A. and subsidiaries SERVICE EUROPE NORTH AMERICA LATAM APAC TOTAL % Audit and statutory audit of accounts 1,603,000€ 1,795,000€ 368,000€ 994,000€ 4.760,000€ 94.67% Other non- audit services 218,000€ 12,000€ 38,000€ - 268,000€ 5.33% Total 1,821,000€ 1,807,000€ 406,000€ 994,000€ 5,028,000€ 100% The amount of other non-audit services in Europe includes among others, services that refer to the entire Group such as the review of the internal control system on financial reporting and review of the non-financial information related to sustainability included in EDPR Annual Report, which are invoiced to a European company. This amount also includes the limited review as of June 30 th , 2022 of the EDPR Consolidated Financial Statements and other reviews for Group consolidation purposes which are considered non-audit services according to the respective local regulation. Total amount for Europe includes 857,000 Euros of services provided by PricewaterhouseCoopers Auditores S.L. from which 676,000 Euros refer to audit services and 181,000 Euros refer to non-audit services. C. Internal organisation I. Articles of Association 48. Amendments to the articles of association The amendments of the Articles of Association of the Company are of the responsibility of the General Shareholders’ Meeting. According to Article 17 of the Company’s Articles of Association (“Constitution of the General Shareholders’ Meeting, Adoption of resolutions”), and article 9 of the General Shareholders’ Meeting Regulations (“Competences”). In accordance to the applicable law, and the internal regulations, to validly approve any amendment to the Articles of Association, the Ordinary or Extraordinary Shareholders’ Meeting will need: • On first call, that the Shareholders either present or represented by proxy, represent at least fifty percent (50%) of the subscribed voting capital. • On second call, that the Shareholders either present or represented by proxy, represent at least twenty-five percent (25%) of the subscribed voting capital. In the event that the shareholders attending represent more than fifty percent (50%) of the subscribed voting capital, the resolutions referred to in the present paragraph will be validly adopted when reached absolute majority. If the shareholders attending represent between twenty-five percent (25%) and fifty percent (50%) – but without reaching it – the favorable vote of two-thirds (2/3) of the present or represented capital in the General Shareholders’ Meeting will be required in order to validly approve these resolutions. In 2022 there was approved one amendment proposal to EDPR Bylaws at the General Shareholders’ Meeting held on March 31 st , in accordance to which there were adjusted article 1, article 12, article 13, article 14, article 15, article 22, article 23, article 26, article 27, article 28, article 29 and article 31 of corporate articles of association, mainly in order to: i. Adapt them to the new developments deriving from the approval of the amendment of the Spanish Companies Act, approved by Royal Legislative Decree related to the promotion of the long-term involvement of shareholders in listed companies (Law 5/2021). For these purposes, it was adjusted the regulation established for the convening procedure and the competences of the General Meeting of shareholders, the mechanisms at the disposal of the shareholders for the exercising of the rights to information, attendance, representation and vote during the course thereof and the possibility of holding Meeting solely on an electronic basis; and the regulation of the Board of Directors and its Committees; ii. Update the duties assigned to the Committees which report to the Board of Directors with a view to assigning them those duties required based on the best market practices and normative compliance, recommendations of good governance and reflecting those duties that each Committee was actually performing; iii. Adapt the directors’ remuneration system foreseen in the Articles of Association to the new Directors’ Remuneration Policy of the Company for the period 2023-2025. Annual Report 2022 Corporate Governance

037 II. Reporting of irregularities 49. Irregularities communication channels Speak up channel EDPR has always carried out its activity by consistently implementing measures to ensure the good governance and the transparency of its companies, including the prevention of incorrect practices, giving voice to those who consider that certain conducts do not comply with ethical principles, legal provisions or internal regulations. In this sense, EDPR believes that speaking openly about the concerns we have that relate to the way we act in the workplace is crucial for creating a good environment and increasing the psychological security of both individuals and teams. With this goal and taking into account the need to adapt the whistleblowing channels to the requirements of the Directive (EU) 2019/1937 on the protection of persons who report violations of Union law, in 2022, EDPR has reviewed and merged all its whistleblowing channels and has launched the corporate channel “Speak up”. The “Speak Up” channel is a global channel, that welcomes the reporting of alleged violations, either of the Code of Ethics, or of any legal issues - among which are those provided for in the Directive (EU) 2019/1937– as well as internal policies and regulations. Additionally, in geographies where required by local laws, EDPR has specific Speak Up channels. These channels are published in the official website available to all the employees and also to any interested party (https://www.edpr.com/en/speak-up). An essential aspect of the reporting process is the protection of the whistle-blowers, who can also make denounces in an anonymous way. This commitment is predicated on full respect for the principle that anyone who uses the reporting methods in good faith and with justification will be protected from censure or retaliation. Processes have been designed and implemented to ensure that the complaints are handled and managed with total security, independence, integrity and privacy. All information exchanged is kept confidential and secured against unauthorised access, so that personal data protection is assured. In 2022, there were nine (9) claims submitted through the Speak up channel or the previous existing channels: 4 of them were closed and the others 5 are under analysis. Code of ethics EDPR has a strong commitment in relation to the dissemination and promotion of compliance with ethic guidelines and principles like transparency, honesty, integrity, non-discrimination, equal opportunity, and sustainability, which is encouraged to all employees. This commitment is faithfully reflected in the Code of Ethics which is reviewed and updated every two years to guarantee compliance with current legislation and the integration of the challenges that EDPR has and may can come across. The Code of Ethics has been reviewed and approved in October 2022 by the Ethics Committee and the Board of Directors of EDPR. This review aims to comply with the Directive (EU) 2019/1937 on the protection of persons who report violations of Union law incorporation of the speak up channel and also to achieve a greater alignment with the purpose and strategy of EDP Group: “Changing Now Tomorrow”. The Code of Ethics applies, regardless of functions, geographical location or functional reporting to all employees of all EDPR companies. The employee’s commitments set out in the Code are also applicable to proxies, as well as to agents and suppliers who are in any way empowered to act on behalf of EDPR. Other suppliers are explicitly required to respect this Code, in accordance with the obligations arising from qualification procedures or signed contracts. The Code of Ethics is an “action guide” reflecting the way EDPR believes one should work, therefore its enforcement is inevitably mandatory; and employees who do not comply with this Code should be subject to disciplinary actions under the terms of the applicable regulations. The Code is a privileged tool that helps to “do what we have to do well”. The Code of Ethics is published on the corporate website (https://www.edpr.com/en/edpr /our-company/ethics-compliance) and there is also a digital version available in the intranet. Annually all employees, including new hires, declare that they have received, read and understood the EDPR Code of Ethics, and they agree to comply with its provisions. Annual Report 2022 Corporate Governance

038 Likewise, this Code has been, in 2022, widely circulated to the employees of the Group through internal communications every month with the most relevant principles of the Code. Additionally, new hires receive a specific training on introduction to the Code of Ethics called “Let’s live our Code of Ethics” In order to support and achieve the Ethics Code and Ethics commitments and initiatives, and with the aim of minimizing the risk of unethical practices, generating transparency and trust in relationships, EDPR has also approved and implemented the following initiatives: New Ethics Committee: in 2021, EDPR decided to review organization and functioning of its Ethics Commission, namely to: • Ensure independence from executive management; • Decrease the number of members for more efficient operation; • Allow the analysis and decision on ethical complaints in a more restricted context; • Allow more participatory debates on structuring Ethics themes, as well as on the annual Ethics Plan and its regular follow-up. As a consequence, a new Ethics Committee was created with the following main functions: • To establish guidelines for complying with the Code of Ethics; • To propose to the Board of Directors multi-annual Ethics Programs and the relevant annual Plans prepared by the Compliance Area and the Ethics Ombudsperson; • To appraise the quarterly Reports on the implementation of the Group's annual ethics plans prepared by the Compliance area and the Ethics Ombudsperson or other elements on ethical performance; • To review the cases of infraction of the Code of Ethics instructed by the Ethics Ombudsperson with the support of the teams that manage complaints at EDPR and to issue a binding opinion thereon; • To issue recommendations, when requested by any of the management bodies of the companies that make the EDPR Group, on practices or codes of conduct in the fields of ethics or deontology, developed within the framework of specific, legal, or regulatory needs; • To continuously ensure that the Code of Ethics and the procedures deriving from it are appropriate to the needs of the EDPR Group and to promote reviews of that document, at least every two years, duly supported by a review report to be sent to the Board of Directors for approval. In this sense, the new Ethics Committee is composed by: i. The Chairperson of the Appointments and Remunerations Committee, who shall chair the Committee; ii. The Chairperson of the Audit, Control, and Related Party Transactions Committee; iii. The Ethics Ombudsperson; iv. The Compliance Officer; v. The Human Resources Director; vi. The General Counsel & Compliance of EDPR North America LLC.; vii. The Secretary of the Board of Directors, who shall also perform the duties of the Secretary of the Ethics Committee meetings. Ethics Ombudsperson: is an external person from the Company that receives complaints and doubts submitted through the Speak Up Channel and investigates and documents the procedure for each of them, with guaranteed confidentiality in relation to the identity of the claimant. The appointment for this position is made by the Ethics Committee and approved by the Board of Directors. Its main functions are therefore as follows: • To be an independent, impartial listener, respecting confidentiality, and anonymity, at the disposal of those who seek him/her to clarify any situations on allegedly ethical grounds, bearing in mind the framework and the provisions of the EDPR Code of Ethics; • To receive communications of an ethical nature and, where appropriate, to instruct, document and submit the respective ethical infraction processes to the Ethics Committee; • To monitor each of the infraction proceedings, until their adjournment, establishing, whenever necessary and appropriate, the liaison with the complainant; • To regularly promote, jointly with the Compliance area, initiatives with the areas of the Group that are the subject of complaints, to improve procedures and practices that will enable future complaints to be avoided and especially, to promote behavior that is more in line with the EDPR Code of Ethics; • Prepare with the Compliance Area initiatives to be included in the Compliance and Ethics Programmes and Annual Plans; • To advice the Ethics Committee regarding strengthening the consistency of the Group´s Ethic Policy; • To annually report on the activity with the scope of their assigned function; • To annually review and update the procedure for managing all contacts addressed to them. Since January 2019, the Ombudsperson of EDPR is Maria Manuela Casimiro da Silva. Annual Report 2022 Corporate Governance

039 Other activities: in 2022, with the goal of reinforcing the ethics culture, EDPR has launched different communication campaigns to all the employees as the publication of the Ethics & Compliance Comic: “Do the right thing” and the celebration of the Global Ethics Day. Every month a comic story has been published on intranet and internal platforms where an ethical dilemma appeared and the employees could see the practical application of the principles of the Code of Ethics to resolve the dilemma. Regarding the Global Ethics Day (October 19 th ), dif- ferent initiatives were performed as publication of news on the intranet, videos with messages from the Ethics Ombudsperson and the Compliance officer, different posts with the theme: “Do you think you know everything about Ethics in our company?”. Additionally, a talk about mental health was took place with a known speaker specialist on the subject. III. Internal Control and Risk Management 50. Internal Audit EDPR’s Internal Audit Department (“IAD”) is composed by eleven (11) members. Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. The Internal Audit department has the mission of enhance and protect organizational value by providing risk-based and objective assurance, advice and insight, covering the following areas of activity: • Evaluate and issue recommendations to improve the Company's governance processes; • Assist the organization to improve risk management processes and maintaining effective controls by evaluating their effectiveness and efficiency and by promoting continuous improvements covering the governance, operations and information systems of the organization, regarding to: i) Achievement of the organization’s strategic objectives; ii) Reliability and integrity of financial, non-financial and operational information; iii) Effectiveness and efficiency of operations and programs; iv) Safeguarding assets; v) Compliance with laws, regulations, policies, procedures and contracts. The Internal Audit services can be divided into two categories: assurance services and consulting. • Assurance services consist in objective analyses of evidence to provide an independent assessment of the organization's governance, risk management, and control. • The consulting services performed at the specific request of the Company Governing Bodies or of any of its Officers. They consist of advisory activities and related services designed to add value and improve the organization's governance, risk management, and control processes without the internal auditor assuming any management responsibility. The fulfillment of these objectives aims to reduce the risks in pursuing the activity and increase the creation of value for the Group. Therefore, approaches based on a proactive view of internal control measures geared to the relevant risks must be taken, making them a relevant support tool for management. The IAD is not an executive body of EDPR, so it has no power in making management decisions in the Group’s activities, nor any hierarchical or functional link with the audited units, thus maintaining a relationship of total independence and objectivity in relation to them. This positioning makes it possible to achieve the following objectives: • Ensure the independence of the Internal Audit activity and fulfils its responsibilities; • Ensure objectivity in obtaining the conclusions of work carried out and the resulting recommendations, as well improvement actions to be implemented. As such, the Internal Audit, in development of its function, should be an instrument to support management with proactive view of internal control systems. In this sense, the collaboration of the entire Organization is essential to achieve the objective set. The functions of the Internal Audit Department of EDPR were evaluated by the “Instituto de Auditores Internos” for the first time in 2020, obtaining the highest qualification. 51. Organisational structure of Internal Audit The Internal Audit function in the EDPR Group is a corporate function, carried out by the Internal Audit Department (IAD), which has administrative dependence to the CEO of EDPR and functional dependence to the Audit, Control and Related Parties Committee which supervise the activities and to which Internal Audit activities are reported. Annual Report 2022 Corporate Governance

040 Administrative Dependence In terms of the IAD’s administrative dependence to the CEO of EDPR, the CEO of EDPR shall: • Create adequate information flows that allow IAD to keep up to date on the company's activities, plans and initiatives; • Support the internal audit function, positioning the IAD at an appropriate level within the EDPR’s organization; • Facilitate direct and open communication to the EDPR Group's Management and Administration bodies; • Provide the appropriate technical, human, financial and information-gathering means that enable the IAD to fulfill its functions, in accordance with the approved Audit Plan; • Request assurance and consultancy projects from IAD that it deems necessary considering the Organization's objectives and risks; • Approve, annually, in coordination with the Audit, Control and Related Party Transactions Committee, the IAD Audit Plan, based on the EDPR's risk matrix and the Basic Standard for Internal Audit; • Approve, whenever applicable, in coordination with the Audit, Control and Related Party Transactions Committee, the remuneration of the IAD Director and the process of his/her appointment, evaluation and removal. Functional Dependence In terms of the IAD's functional dependence to the Audit, Control and Related Party Transactions Committee, the Audit, Control and Related Parties Committee should: • Approve, annually, in coordination with the CEO of EDPR, the IAD Audit Plan, based on the EDPR's risk matrix and the Basic Standard for Internal Audit. In this context, also approve the human and financial resources to be made available by EDPR to the IAD; • Approve, in coordination with the CEO of EDPR, the remuneration of the IAD Director and the process for his/her appointment, evaluation and removal; • Receive communications and individual reports and conclusions, issued by IAD, on the activity developed by IAD; • Assess the activity and performance of the IAD and the adequacy of working conditions, namely in terms of human resources and technical and financial means, checking if there are limitations or interferences within the scope of the Internal Audit function or its budget that may make it impossible to IAD to fulfill its responsibilities; • Overseeing the effectiveness of the internal audit systems and, if necessary, proposing improvement measures. The functions of the Audit, Control and Related Party Transactions Committee regarding to Internal Audit are defined in its Internal Regulation. The articulation between EDPR Internal Audit and EDP Internal Audit is carried out through the Functional Reporting of the EDPR Internal Audit Director to the EDP Internal Audit Corporate Director, in which the associated management function includes the promotion and harmonization of work policies and methodologies, the management of action plans and reporting activities to EDP Internal Audit Director. 52. Risk Management EDPR’s Enterprise Risk Management Process is an integrated and transversal management model that ensures the minimization of the effects of risk on EDPR's capital and earnings, as well as the implementation of best practices of Corporate Governance and transparency. The process aligns EDPR’s risk exposure with the company’s desired risk profile. The Enterprise Risk Management Framework was approved in 2016, in accordance with the guidelines agreed at its Board of Directors level. Based on this risk framework, the Company develops a Risk Management System through individual risk policies and procedures for most relevant risks, where it is defined the methodology to calculate probability of occurrence and impacts, as well as mitigation measures and thresholds. In addition, these risk policies and procedures establish the process for control, periodic evaluation and eventual adjustments. The approvals necessary to proceed with this system are submitted to the Management Team, which will inform the Board of Directors of the progress. Likewise, the Risk Management System is closely followed and supervised by the Audit, Control and Related Party Transactions Committee, an independent supervisory body composed of non-executive members that reports to the Board of Directors, in charge, among others, of the monitorization of the compliance and progresses of the Risk Management Plan and possible improvements to the measures and controls for mitigating potential risks identified within EDPR. Market, counterparty, operational, business and strategic risks are identified and evaluated and, following the result of the assessment, Risk Policies are defined and implemented across the Company. These policies are aimed to mitigate risks without compromising potential opportunities, thus, optimizing return versus risk exposure. In 2022, EDPR analyzed the impact of the current inflationary scenario on costs and revenues. On costs, it was considered the exposure to inflation of operating expenses, capital expenses and interest payments, while on revenues, the exposure of inflation-indexed PPAs and Annual Report 2022 Corporate Governance

041 merchant revenues. Different measures were put in place to balance inflation exposure, namely the increase in the duration of the corporate debt with EDP. Moreover, a detailed analysis on the effects of the conflict between Ukraine and Russia was performed to determine which are the main risks to which EDPR is exposed and to define a contingency plan to reduce potential impacts. As a follow-up of this analysis, EDPR took some business continuity measures in bordering countries with Ukraine. Also during 2022, EDPR reassessed the Operational Risk of the company, executing a bottom-up analysis across all departments, as stated in EDPR’s Operational Risk Policy. Following the growth of the installed capacity at EDPR in recent years, together with the planned growth within the current Business Plan, it was agreed to adjust the Operational Risk threshold accordingly in EDPR’s Operational Risk Policy and Enterprise Risk Management framework. Finally, EDPR performed a deep-dive analysis on current and expected future Counterparty exposure to capital equipment suppliers, within the context of the main challenges faced by the industry, such as supply chain bottlenecks, inflationary pressures and increase in commodity prices, with individual counterparty risk limits adjusted accordingly. Additionally, EDPR also proposed to adjust its Portfolio risk limits to account for its Distributed Generation activity in Asia-Pacific, following EDPR’s acquisition of a majority stake in Sunseap during 2022. 53. Risk Map Risk Management at EDPR is focused on covering all risks of the company. In order to have a holistic view of risks, they are grouped in Risk Categories, which are Market, Counterparty, Operational, Business and Strategic. The definition of Risk Categories at EDPR is as follows: • Market Risk – It refers to the risk to EDPR resulting from movements in market prices. Due to the relationship between wind production and energy price, production risk is considered within market risk. In particular, market risk consists of changes in energy prices, production, interest rates, foreign exchange rates, inflation and commodity prices (other than energy); • Counterparty Risk (credit and operational) – Risk that a counterparty to a transaction could default before final settlement of the transaction’s cash flows. A direct economic loss would occur if transactions with the counterparty had positive economic value at the time of default. Even in the case of not defaulting, it may not comply with its contract obligations (timing, quality, etc.), implying additional higher costs due to its replacement or to delays in fulfilling the contract; • Operational Risk (other than counterparty) – Defined as the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events (such as an increase in equipment default rates, increasing O&M, or natural disasters), including the effect of a loss created by not being able to ensure business continuity; • Business Risk – Potential loss in the company’s earnings due to adverse changes in business margins. Such losses can result above all from a serious increase in equipment prices or changes in the regulatory environment. Changes in energy prices and production are considered market risks; • Strategic Risk – It refers to risks coming from macroeconomic, political, social or environmental situation in countries where EDPR is present, as well as those coming from a change in competitive landscape, from technology disruptions, from changes in energy markets or from governance decisions (investment decisions criteria, Corporate Governance and Reputational issues). Within each Risk Category, risks are classified in Risk Groups. 1. Market Risk 1. i) Energy price risk EDPR faces limited energy price risk as it pursues a strategy of being present in countries or regions with long -term visibility on revenues. In most countries where EDPR is present, prices are determined through regulated framework mechanisms. In those countries with no regulated tariffs, power purchase agreements are negotiated with different offtakers to eliminate electricity and Green Certificate or Renewable Energy Credit (REC) price risks. Despite EDPR’s strategy of eliminating market price risk, EDPR still has some plants with merchant exposure. In Europe, EDPR operates in countries where the selling price is defined by a feed-in-tariff (Portugal and France) or a contract for differences remuneration scheme (Italy, UK or Greece). EDPR also operates in markets where, on top of the electricity price, it receives either a pre- defined regulated premium or a green certificate, whose price is achieved on a regulated market (Spain, Belgium, Poland or Romania). In countries with a predefined regulated premium or a green certificate scheme, EDPR is exposed to electricity price fluctuations. Annual Report 2022 Corporate Governance

042 Considering current Power Purchase Agreements (PPAs) in place, EDPR is exposed to electricity price risk in Romania, in Poland, in Belgium and partially in Spain. Additionally, in European countries with a green certificate scheme (Romania, Belgium and Poland), EDPR is exposed to fluctuation on the price of green certificates. The US market does not provide a regulated framework system for the electricity price. Nevertheless, renewable generation is incentivized through PTCs (Production Tax Credits) and regional Renewable Portfolio Standard (RPS) programs that allow receiving RECs for each MWh of renewable generation. REC prices are very volatile and depend on the regional supply/demand equilibrium in the relevant market. Most of EDPR’s capacity in the US has predefined prices determined by bundled (electricity + REC) long-term contracts with local utilities or C&Is, in line with the Company’s policy of avoiding electricity price risk. Despite existing long-term contracts, some EDPR’s plants in the US do not have PPA and are selling merchant with exposure to electricity and REC prices. Additionally, some plants with existing PPAs do not sell their energy where it is produced and are therefore exposed to basis risk (difference in price between the location where energy is produced and that where energy is sold). In Ontario (Canada), the selling price is defined by a long-term feed-in-tariff, thus, there is no electricity price exposure. In Brazilian, Colombian and Chilean operations, the selling price is defined through a public auction which is later translated into a long-term contract. Electricity price exposure is almost null, with little exposure for the production above or below the contracted production. In APAC, EDPR operates in markets where the selling price is defined by a feed-in-tariff (Vietnam, Japan, Malaysia and Taiwan) or through Power Purchase Agreements (Singapore, Cambodia, China, Malaysia and Thailand). Under EDPR’s global approach to minimize the exposure to market electricity prices, the Company evaluates on a permanent basis, if there are any deviations to the pre-defined limits (measured through EBITDA at risk, Net Income at risk and total merchant exposure). EDPR intends to eliminate Green Certificates and REC price risk with the signing of bundled PPAs with private off-takers, which include the sale of the electricity and the Green Certificate or REC. In some cases, the offtaker may be interested in contracting only the Green Certificate or the REC, thus a GCPA (Green Certificate Purchase Agreement) or a RECPA (REC Purchase Agreement) is signed. In those geographies with remaining merchant exposure, EDPR uses various commodity- hedging instruments in order to minimize the exposure to fluctuating market prices. In some cases, due to the lack of liquidity of financial derivatives, it may not be possible to successfully hedge all existing merchant exposure, after considering PPAs in place. As aforementioned, some US plants have exposure to REC price risk and/or basis risk (difference in electricity price between locations). EDPR hedges REC prices through forward sales and basis exposure through financial swaps or FTR (Financial Transmission Rights). 1. ii) Energy Production Risk The amount of electricity generated by EDPR’s renewable plants is dependent on weather conditions, which vary across locations, from season to season and from year to year. Variation on the amount of electricity that is generated affects EDPR’s operating results and efficiency. Not only the total wind or solar production in a specific location is relevant, but also the profile of production. Wind usually blows more at night than at daytime when energy prices are lower and the opposite for solar. Generation profile will affect the discount or add-on in price of a plant versus a baseload generation. Finally, curtailment of a plant will also affect its production. Curtailment occurs when the production of a plant is stopped by the TSO (Transmission System Operators) for external reasons to the Company. Examples of cases of curtailment are upgrades in transmission lines or exceptional congestion (high level of electricity generation for available transmission capacity). EDPR mitigates wind and solar resource volatility and seasonality through geographical diversification of its asset base in different countries and regions. EDPR acknowledges the correlation between different plants in its portfolio that allows for this geographical diversification, which enables EDPR to partially offset production variations in each region and to keep the total energy generation relatively steady. Currently, EDPR is present in 28 markets: Spain, Portugal, France, Belgium, Poland, Romania, Italy, UK, Greece, Germany (no generation), Hungary (no generation), Netherlands (no generation), South Korea (no generation), Vietnam, Cambodia, China, Indonesia, Japan, Malaysia, Singapore, Taiwan, Thailand, US, Canada, Mexico, Colombia (no generation), Chile (no generation) and Brazil. Annual Report 2022 Corporate Governance

043 Nevertheless, 2022 was a year with generation above the one initially forecasted. EDPR continues to analyze the potential use of financial products to hedge wind risk and might use this product to mitigate risk in specific cases. Profile risk and curtailment risk are managed ex-ante. For every new investment, EDPR factors the effect that expected generation profile and curtailment will have on the output of the plant. Generation profile and curtailment of EDPR’s plants are constantly monitored by EDPR’s Risk department to detect potential future changes. 1. iii) Risks related to financial markets EDPR finances its plants through project finance or corporate debt. In both cases, a variable interest rate might imply significant fluctuations in interest payments. On the other hand, due to EDPR’s presence in several countries, revenues are denominated in different currencies. Consequently, exchange rate fluctuations may have a material adverse effect on financial results or on the value of the foreign investment. 1. iii) a) Interest rate risk Given the policies adopted by EDPR Group, current exposure to variable interest rate is not significant and financial cash flows are substantially independent from the fluctuation of interest rates. The purpose of interest rate risk management policies is to reduce the exposure of long-term debt cash flows to market fluctuations, mainly by contracting long term debt with a fixed rate. When long-term debt is issued with floating rates, EDPR settles derivative financial instruments to swap from floating to fixed rate. EDPR has a portfolio of interest-rate derivatives with maturities of up to 15 years. Sensitivity analyses of the fair value of financial instruments to interest-rate fluctuations are periodically performed. With most of interest rate being fixed, main exposure to interest rates arises at refinancing. To protect against this risk, EDPR intends to maintain a balanced maturity profile for its corporate fixed debt, thus, diversifying the risk of bad timing when refinancing occurs. Moreover, during 2022, pre-hedges were carried out at EDP and EDPR level for corporate debt to protect against interest rate rises when refinancing debt for 2022-2025 horizon. Repricing calendar of debt is continuously monitored together with interest rates in order to detect good timing for restructuring debt. Taking into account risk management policy and approved exposure limits, Global Risk Area supports the Finance team in interest rate hedging decisions and the Finance team submits the financial strategy appropriate to each project/location for Management Team’s approval. 1. iii) b) Exchange rate risk EDPR has international operations and is exposed to the exchange-rate risk resulting from investments in foreign subsidiaries. Currency exposure in operating plants is to U.S. dollar, Romanian leu, Polish zloty, Brazilian real, British pound, Canadian dollar, Colombian pesos. In APAC, main exposure comes from Singaporean dollar, but relatively small exposure to other southeast Asian currencies is still present. In addition, EDPR has a marginal fiscal exposure to MXN due to Mexican assets. EDPR hedges risk against currency fluctuations by financing in the same currency as the revenues of the project. When local financing is not available, EDPR hedges debt cash flows though cross currency interest rate swaps. EDPR also hedges net investment (investment after deducting local debt) in foreign currency through cross currency interest rate swaps. Finally, EDPR contracts foreign exchange forwards to hedge the risk in specific transactions, mainly in payments to suppliers which may be denominated in different currencies. EDPR’s hedging efforts minimize exchange rate volatility, but do not eliminate completely this risk due to high costs associated to hedging FX in certain situations. 1. iii) c) Inflation risk In specific projects, regulated remuneration is linked to inflation. Additionally, O&M costs are considered to be linked to inflation in most cases. Annual Report 2022 Corporate Governance

044 Exposure to inflation in revenues may be naturally hedged with exposure to interest rates and EDPR regularly analyses inflation exposure and its relationship with interest rates to adjust level of interest rate coverage in project finance structures. Exposure to inflation in O&M costs is managed at the moment of the investment decisions, by executing sensitivity analyses. 1. iii) d) Liquidity risk Liquidity risk is the risk of EDPR not meeting its financial obligations. Liquidity risk is mainly related to extreme market movements in energy prices, interest rates, exchange rates or credit markets, which may change the expected cash flow from revenues, opex, margin calls or funding (due to credit downgrades). EDPR tracks liquidity risk in the short term (margin calls, etc.) and in the long term (financing sources) in order to meet strategic targets previously set (EBITDA, debt ratio and others). EDPR’s strategy to manage liquidity risk is to ensure that its liquidity is sufficient to meet financial liabilities when due, under both normal and stressed conditions, and without incurring unacceptable losses or risking damage to EDPR’s reputation. Different funding sources are used such as Tax Equity investors, commercial banks, multilateral organizations, corporate debt and asset rotation in order to ensure long-term liquidity to finance planned projects and working capital. The Directors have estimated cash flows that show that the Group will meet the commitments existing at the close of the 2022 financial year and those foreseen for 2023. 1.iv) Commodity price risk (other than energy) In projects in which there is a significant number of years between investment decision and start of construction, EDPR may be exposed to the price of the materials used in turbine and solar panel manufacturing, foundations and interconnection through escalation formulae included in the contracts with suppliers. In order to manage this risk, EDPR may hedge the market exposure in OTC/future commodity markets, considering the risks (potential losses) and the cost of the hedge. 2. Counterparty Risk Counterparty risk is the risk that the counterparty to a transaction could default before the final settlement of the transaction’s cash flows. An economic loss could occur, either a direct economic loss if the transaction has a positive value at the moment of default (counterparty credit risk) or a replacement cost due to change of the counterparty (counterparty operational risk). 2. i) Counterparty Credit Risk If the transactions or portfolio of transactions with the counterparty has a positive economic value at the time of default, an economic loss would occur. To control credit risk at EDPR, thresholds of Expected Loss and Unexpected Loss are established at company level as defined under Basel Standards and re-evaluated monthly. If the threshold is surpassed by the company as a whole, mitigation measures are implemented in order to remain within the pre-established limit. Additionally, Expected Loss limits are established for each individual counterparty or Group of counterparties (parent and subsidiaries). 2.ii) Counterparty Operational Risk If the transactions or portfolio of transactions with the counterparty do not have a positive economic value at the time of default, it will impact operations. Despite no direct loss at the time of default, the replacement of the counterparty could imply a cost to EDPR due to potential delays, higher contract value with a new counterparty (replacement costs), etc. Construction and O&M subcontractors are counterparties to which EDPR is exposed from an operational point of view. To minimize the probability of incurring in potential replacement costs with counterparties, EDPR´s policy concerning counterparty operational risk is managed by an analysis of the technical capacity, competitiveness, credit quality and replacement cost of the counterparty. 3. Operational Risk Operational risk is the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events (such as an increase in equipment default rates, Annual Report 2022 Corporate Governance

045 increasing O&M, or natural disasters). Moreover, it includes the risk of the business being disrupted due to internal or external causes (such as a pandemic, cyberattack or IT systems malfunctioning), affecting business continuity. 3. i) Development Risk Renewable plants are subject to strict regulations at different authority levels (international, national, state, regional and local) relating to the development, construction, grid interconnection and operation of power plants. Among other things, these laws regulate landscape and environmental aspects, building licenses, land use and land securing and access to the grid issues. While level of exigency might be different depending on the geographies, EDPR acknowledges a trend for legislations to align towards concentrating the most restrictive rules and development risks on the consenting (environmental and urban permissions) and interconnection (electricity connection of the plant to the national grid). In this context, EDPR’s experience gathered in different markets is useful to anticipate and deal with similar situations in other countries. During the development and design phase, EDPR focuses on the optimization of its projects. By mastering the variables, such as choice of locations, layout, etc., the objective is to make the projects more resilient to permitting risks. Additionally, EDPR mitigates development risk by generating optionality, with development activities in 28 different markets and a portfolio of projects in several stages of maturity. EDPR has a large pipeline of projects that provide a “buffer” to overcome potential delays in the development of prioritized projects, ensuring growth targets and being able to compensate permitting delays in some geographies. 3. ii) Execution Risk During the construction of the foundations, interconnection and substation of a plant, and the installation of the equipment, different events (bad weather, accidents, etc.) might occur that could imply an over cost or a delay in the commercial operation date of the plant: • The delay implies a postponement of cash flows, affecting profitability of the investment. • When a plant has a PPA, a delay of the commercial operation date might imply the payment of Liquidated Damages (LDs), with the consequent loss of revenues and the impact on annual financial results. During the design phase, EDPR engineering teams supervise the engineering and the installation method. Construction is subcontracted to technically capable construction companies. In both cases, a critical path analysis is performed to assess the reliability of construction and installation plan. Also, collaterals may be required to the counterparty following EDPR’s Counterparty Risk Policy. 3.iii) Operation Risk Damage to Physical Assets Risk Renewable plants in construction and in operation are exposed to weather hazards, natural disasters, etc. These risks depend on the location of the assets. All plants are insured the physical damage during construction and operation. During operation, any natural disaster, weather hazard or accident will be partially insured to revenue losses due to the event. Equipment Performance Risk (O&M costs) Output from renewable plants depends upon the operating availability of the equipment. EDPR mitigates this risk by using a mix of suppliers which minimizes technological risk, avoiding exposure to a unique manufacturer. EDPR also engages suppliers through medium-term full-scope maintenance agreements during the first years of operation to ensure alignment with supplier in minimizing technology risk. Finally, for older plants, EDPR has created an Operation and Maintenance (O&M) program with an adequate preventive and scheduled maintenance program. EDPR externalizes non- core technical O&M activities of its renewable plants, while primary and value-added activities continue to be controlled by EDPR. Annual Report 2022 Corporate Governance

046 3. iv) Information Technology Risk IT (Information Technologies) risk may occur in the technical network (information network for plants operation) or in the office network (information network of corporate services: ERP, accounting…) EDPR mitigates this risk creating redundancy of servers and control centers of renewable plants. Redundancy is created in a different location to anticipate potential natural disasters, etc. 3. v) Legal claims Risk (compliance, corruption, fraud) EDPR faces potential claims of third parties, corruption and fraud of its employees. EDPR has implemented an internal “Code of Ethics” and an Anticorruption Policy where the company commits to comply with legal obligations in every community where EDPR is established. Additionally, the company Ombudsperson receives all the complaints sent through the “Code of Ethics” channel and decides the appropriate procedure for each one of them. An anticorruption mailbox is also available to report any questionable practice. 3. vi) Personnel Risk EDPR identifies four main risk factors regarding personnel: turnover, health and safety, human rights, and discrimination, violence or behavior against human dignity. • Turnover: A high turnover implies direct costs of replacement and indirect costs of knowledge loss. EDPR mitigates turnover through constant reassessment and benchmarking of remuneration schemes in different geographies. Additionally, EDPR offers flexibility to its employees to improve work life balance. In 2022, EDPR was elected as “Top Employer” in Spain by the Top Employers Institute. • Health and safety: EDPR has deployed an H&S management system, complying with OHSAS 18001, pursuing the “zero accidents” target. • Human rights: EDPR has committed, through its “Code of Ethics”, to respect international human rights treaties and best work practices. All counterparties which sign a contract with EDPR are committed to respect EDPR’s “Code of Ethics”. • Discrimination, violence or behavior against human dignity: EDPR forbids any kind of discrimination, violence or behavior against human dignity, as stated in its “Code of Ethics”. Strict compliance is enforced, not only through the reporting channel of the Ombudsperson, but also through constant awareness from all employees of the company. 3. vii) Processes Risk Internal processes are subject to potential human errors that may negatively affect the outcome. Internal Audit Department regularly reviews internal processes and recommends the establishment of new controls or the improvement in the implementation of existing procedures. Moreover, business continuity is ensured by a Global Crisis Plan, which defines the procedure to follow for each level of crisis and frames individual emergency plans at activity or asset level. Also, a tool to oversee different events that could impact Business Continuity is being used to ensure correct management of crisis. 3. viii) ESG Risk Identify climate-related risks and opportunities, such as those based on Task-Force on Climate-Related Financial Disclosures (TCFD) recommendations. The impact of these risks and opportunities are assessed and mitigated through environmental measures, contingency plans and other related initiatives. 4. Business Risk 4. i) Regulatory Risk (renewables) The development and profitability of renewable energy projects are subject to policies and regulatory frameworks. The jurisdictions in which EDPR operates provide different types of incentives supporting energy generated from renewable sources. Remuneration schemes have become less competitive in some countries due to the financial crisis and it cannot be guaranteed that current support will be maintained in all EDPR’s geographies or that future renewable energy projects will benefit from current support Annual Report 2022 Corporate Governance

047 measures. Regulation promoting green energy has been revised or is under revision in some of the countries where EDPR is present. In 2022, the conflict between Ukraine and Russia led to record-high electricity prices, particularly in Europe, which led the EU to implement a cap on gas prices. Some countries, like Spain, Poland or Romania also implemented their own cap measures, with the aim of limiting electricity prices for 2022 and beyond. In the US, the Inflation Reduction Act (IRA) was signed into law extending, at the Federal level, Production Tax Credits (PTC) for wind energy for an additional 3 years, for all projects beginning construction before the end of 2024. The phaseout of PTC incentives for wind projects placed in service after 2021 was also removed by the IRA. Additionally, wind and solar production is also incentivized through State RPS Programs that allow receiving RECs (Renewable Energy Credit) for each MWh of renewable generation. EDPR is managing its exposure to regulatory risks through diversification, by being present in several countries and through participation as an active member in several wind and solar associations. Regulatory Risk in each of EDPR’s countries is monitored continuously, considering current regulation, potential drafts of new laws, feedback from associations, evolution of installed renewable generation capacity and other inputs. EDPR has developed an internal quantitative assessment of Regulatory Risk that serves as an indicator for changes in supporting schemes. This measure is updated regularly in all EDPR´s geographies. Regulatory Risk is also considered ex-ante, at the moment of the investment, through sensitivity analyses that are performed to evaluate its impact in project profitability under different scenarios. 4. ii) Equipment Market Risk/Equipment Price Risk Price of equipment is affected, not only by market fluctuations of the materials used, but also by the demand of this equipment or a possible increase in trade tariffs and levies. For every new project, EDPR secures the demand risk by engaging in advance with manufacturers, elected through a competitive process. 5. Equipment Supply Risk The demand for new plants may offset the offer of equipment. Currently, the local component requirement in some geographies (Ex: Brazil) may create this shortfall situation. In the event of a trade war, supply chain of equipment suppliers may be affected, creating further imbalances in local component requirements. EDPR currently faces limited risk to the availability and price increase of equipment due to existing framework agreements with major global suppliers. The Company uses a large mix of suppliers in order to diversify equipment supply risk. For geographies with specific requirements of local component, EDPR does not engage in a project before securing the supply of the equipment. This risk is further explained on EDPR’s annual report due to its current relevance in the business. 6. Strategic Risk 6. i) Country Risk Country Risk is defined as the probability of occurrence of a financial loss in a given country due to macroeconomics, political or natural disasters. EDPR has defined a Country Risk Policy that assesses country risk through an internal scoring based on publicly available data. This internal scoring is compared with external assessments from renowned organizations. Each risk factor affecting country risk is evaluated independently to decide on potential mitigating actions: • Macroeconomic Risk: risks from the country’s economic evolution, affecting revenue or cost time of the investments. • Political Risk: all possible damaging actions or factors for the business of foreign companies that emanate from any political authority, governmental body or social group in the host country. • Natural disaster risk: natural phenomena (seismicity, weather) that may impact negatively in the business conditions Before approving a project in a new geography, EDPR analyses the risk of the new country and compares it to its existing portfolio. Mitigation measures may be decided when this risk is above a certain threshold. Annual Report 2022 Corporate Governance

048 In addition, EDPR uses a Security risk index to rank countries from a security and safety standpoint, establishing mitigation measures for employees when above a pre-defined threshold. 6. ii) Competitive landscape In the renewable business, size can be an advantage or disadvantage in specific situations. For example, in development of renewable plants, small and dynamic companies are usually more competitive than larger companies. On the other hand, when participating in tender processes for offshore wind farms, the size of the investment benefits larger companies. Additionally, the consequences of a change in the competitive landscape due to mergers and acquisitions may also be a risk. To mitigate the risks, EDPR has a clear knowledge of its competitive advantages and tries to leverage on them. When EDPR has no advantage versus its competitors, alternatives are considered in order to become competitive. For example, for offshore wind farms, EDPR has partnered with large companies with previous experience in large electricity generation projects, in order to become a more competitive consortium. 6. iii) Technology disruptions Most renewables are relatively recent technologies, which are continuously evolving and improving efficiency. As such, some initially expensive technologies can become competitive in a relatively short time. EDPR growth focuses in the most competitive renewable technologies at the moment, which are onshore wind, offshore wind and PV solar, but also participates in other innovative projects such as floating offshore wind. 6. iv) Meteorological changes Future estimations of wind and solar production are based on analysis of historical measurements for more than 20 years, and they are considered to be representative of the future. Relevant unexpected meteorological changes could lead to a lower production than the one expected from historical data. When evaluating a new investment, EDPR considers potential changes in the production forecasted, however, the size of the potential deviation in the case of relevant meteorological changes is uncertain. 6. v) Investment decisions criteria Not all projects have the same risk profile. This will depend on merchant exposure of remuneration, construction risk, etc. In order to take proper business decisions, EDPR uses Risk Adjusted Metrics for investment decisions, which take into consideration the different risks inherent of each project. 6. vi) Energy Planning Assumptions in future evolution of energy markets affect the profitability of the investments for the period after the fixed remuneration (regulated tariff or PPAs). Structure of electricity markets in most of EDPR geographies (marginal setting price) were not designed to consider a great share of generation from renewable sources with zero marginal price. Thus, the increase in renewable generation could lead to lower pool prices in medium term if reforms of electricity markets are not properly undertaken. When investing, EDPR performs sensitivity analyses to stress pool price scenarios for the period without fixed remuneration to understand the robustness of the profitability of the investment. 6. vii) Corporate Organization and Governance Corporate governance systems should ensure that a company is managed in the interests of its shareholders and other relevant stakeholders. In particular, EDPR has an organization in place with a special focus on transparency, where the management body (Board of Directors) is separated from the supervision and control duties (Audit, Control and Related Party Transactions Committee). Members of this Committee are invited to the General Risk Committee of EDPR. Annual Report 2022 Corporate Governance

049 6. viii) Reputational risk Companies are exposed to public opinion and today’s social networks are a rapid mean to express particular opinions. A bad reputation could eventually harm financial results of a company in the short and in the long term. Sustainability makes part of the essence of EDPR. EDPR is not only committed in building a better future, but also in doing it well, in an ethical and sustainable manner, consequently limiting reputational risk. 54. Risk functions and framework A corporation can manage risks in two different ways, one risk at a time on a largely and compartmentalized basis, or all risks together within a coordinated and strategic framework. The latter approach is called “Enterprise Risk Management” and is the approach used at EDPR. Risk Management at EDPR is supported by three distinct organizational functions, each on a different role: Strategy (Risk Profiler), Management (Risk Manager) and Controlling (Risk Controller). RISK FUNCTIONS DESCRIPTION Strategy – General risk strategy & policy Global Risk Department provides analytically supported proposals to general strategic issues. Responsible for proposing guidelines and policies for risk management within the company. Management – Risk management & risk business decisions Implement defined policies by Global Risk Responsible for day-to-day operational decisions and for related risk taking and risk. Controlling – Risk monitoring Responsible for follow-up of the results of risk-taking decisions and for contrasting alignment of operations with general risk policy approved by the board. The Risk Committee is the forum where the different Risk Functions discuss the policies to be implemented and control the risk exposure of the company. EDPR’s Risk Committee integrates and coordinates all Risk Functions and assures the link between corporate’s risk appetite and defined strategy and the operations of the company. EDPR created three distinct meetings of the Risk Committee in order to separate discussions on execution of mitigation strategies from those on the definition of new policies: • Restricted Risk Committee: Held every month, it is mainly focused on development risk and market risk from selling energy (electricity price, basis, profile, GCs and RECs). It is the forum to discuss the evolution of projects under development and construction and the execution of mitigation strategies to reduce merchant exposure. It also monitors compliance with risk thresholds defined within risk policies (market risk, counterparty risk, operational risk and country risk). • Financial Risk Committee: Held every quarter, it is held to review main financial markets risks (exchange rates, interest rates and inflation), liquidity risk, commodity risk and credit risk to financial institutions and discuss the execution of mitigation strategies. • Risk Committee: Held every quarter, it is the forum where new strategic analysis is discussed, and new policies and procedures are proposed for approval to the Management Team. Additionally, EDPR’s overall risk position is reviewed, together with EBITDA@Risk and Net Income@Risk. 55. Details on the internal control and risk management systems implemented in the company regarding the procedure for reporting financial information With the purpose of not only controlling risks, but also managing them ex-ante, EDPR has created Global Risk policies that are enforceable at a Global Level. These policies are proposed and discussed in the Risk Committee and approved by the Management Team. EDPR’s Enterprise Risk Management Process is inspired on Basel Committee on Banking Su- pervision’s principles, guidelines and recommendations and is similar to other risk management frameworks. In this respect, performance of risk metrics at EDPR and their com- pliance with established internal risk limits are assessed on a monthly basis. Additionally, a formal review and update of each Risk Policy, and the adequacy of its limits, is performed every two years. Internal control system over financial reporting EDPR has an Internal Control System over Financial Reporting (SCIRF) updated and monitored in line with international standards of Internal Control. This system covers the main aspects of the COSO framework: maintaining a control environment for the preparation of qualified financial information, assessment of the risks of financial reporting, existence of control activities to mitigate risks of error, information and communication and evaluation mechanisms. Annual Report 2022 Corporate Governance

050 In addition, the SCIRF Standard was approved in 2022; the purpose of this Standard is to formalize the mission and responsibilities of the SCIRF function, as well as to define the principles and methodological rules governing the exercise of its function and the relationship model with all its stakeholders. Scope revision and update The SCIRF Manual includes the annual update of the scope that aims to identify companies, areas and processes that must be included in the scope of SCIRF, according to criteria of materiality and risk, including the risk of error or fraud. The risk analysis included in the scoping process for SCIRF, includes both the different types of risk (operational, economic, financial, technological or legal) and the control objectives of financial reporting (existence and occurrence, completeness, measurement, presentation, disclosure and comparability, and rights and obligations in terms of their potential impact on the financial statements). The results of the updated scope with the methodology outlined are communicated at all levels of the organization involved in the SCIRF and supervised by the Audit, Control and Related Party Transactions Committee. Control activities In documented SCIRF processes and controls, information capture mechanisms are established (including identification of the scope of consolidation) and are specified the steps and checks that are carried out for the preparation of the financial information that will be part of consolidated financial statements. The procedures for the review and approval of financial information are provided by the areas of Planning and Control, and Administration, Consolidation and Tax. Financial information is supervised in the scope of its competences by the Audit, Control and Related Party Transactions Committee, prior to the formulation of the accounts by the Board of Directors. The SCIRF includes control activities related to these processes, embodied in Entity Level Controls, Process Controls and General IT Controls. These processes include review and approval activities of the financial information which are described in the processes of elaboration of individual and consolidated accounts and processing of consolidated financial statements. EDPR has descriptions of Competency Profiles for the Positions to be carried out in the exercise of the main features of each position that includes a description of the main responsibilities. These include the descriptions of the key positions involved in the preparation of financial information. These descriptions include responsibilities in the preparation of financial information and compliance with internal control procedures. The documentation of processes and associated controls designed include among others, the completion of closure activities by completing monthly closing checklists, setting due dates for the closures, the identification of the relevance of the operations in order to be reviewed at the appropriate level, conducting analytical reviews of financial information, the existence of limitations in systems to prevent erroneous records or access by unauthorized persons, analysis of deviations from the budget, the analysis by the Management Team of relevant and significant facts that could cause a significant impact on the accounts, or the allocation of responsibilities for calculating amounts to be provisioned for them to be carried out by authorized personnel with the right skills. In addition to the mentioned reporting processes, major transactional processes resulting from the scope are documented. The description of the activities and controls are designed with the aim of ensuring the registration, evaluation, appropriate presentation and disclosure of transactions in financial reporting. Control activities of EDPR’s SCIRF also include those relating to systems and information technology (General IT Controls) following an international reference, the COBIT framework (Control Objectives for Information and related Technologies). The importance of this area is that information systems are the tools with which financial information is prepared and is therefore relevant for transactions conducted with them. These control activities include those related to access control to applications and systems, segregation of duties, management of corrective and preventive maintenance, new projects implementation, administration and management of the systems, facilities and operations (back-ups, security incidents) and their proper monitoring and planning. These activities are developed taking into account the requirements of control and supervision. Among the activities of SCIRF’s scope update, there is a periodic analysis of the existence of service suppliers that perform relevant activities in relation to the processes of preparing financial information. Annual Report 2022 Corporate Governance

051 SCIRF supervision The Audit, Control and Related Party Transactions Committee supervises the SCIRF in the scope of the exercise of their activities through the monitoring and supervision of the developed mechanisms for SCIRF’s implementation, evolution and evaluation, and the results of the scope analysis and the extent of the situation in terms of coverage. To this extent, the Internal Control Area assists the Audit, Control and Related Party Transactions Committee. EDPR has an Internal Control area, integrated in the Compliance and Internal Control Department, which report to the CEO. The Audit, Control and Related Party Transactions Committee supervises the Internal Control area activities. The main functions of the Internal Control area are set out in the SCIRF Manual, which includes, among others, the evaluation of the activities of internal control systems or support in the implementation and maintenance of the Internal Control system over Financial Reporting. Internal Control supports the Audit, Control and Related Party Transactions Committee in supervising the implementation and maintenance of SCIRF and reports the results of the evaluation, improvement actions identified and their evolution. The entity has action plans for improvement actions identified in SCIRF’s assessment processes, which are accompanied and supervised by the Internal Control area, considering their impact on the financial information. Also, in the year 2022, as in previous years, a process of self-certification was made by the owners of the various controls and Entity Level Control regarding proper documentation update on SCIRF controls and processes in their area of responsibility and the implementation of controls with corresponding evidence. Additionally, in 2022, additional activities have been carried out for the integration of new platforms and businesses acquired by the company within the existing Internal Control System. In this regard, a specific identification of their associated risks and a review of the control matrix have been carried out. Finally, in 2022, the Internal Control area, as part of its supervisory functions as a second line of defense, has carried out a monitoring activity of a selection of controls, reviewing their design and risks and reviewing the evidence of execution of the controls in order to verify that they are updated, in operation and that their design is adequate. SCIRF evaluation Besides the monitoring and evaluation activities described in the preceding paragraphs, in case the auditors identified internal control weaknesses in the scope of their financial audit work, they are expected to communicate these circumstances to the Audit, Control and Related Party Transactions Committee, which regularly monitors the results of the audit work. Additionally, in 2022 the EDPR Group decided to have its SCIRF audited by the external auditor. As a result of its evaluation, the external auditor issued a report with a favorable opinion on the SCIRF of the EDPR Group, according to ISAE 3000 (International Standard on Assurance Engagements 3000), included in Annex II of this Chapter 5 of this Annual Report. Corporate Compliance The implementation of a solid corporate culture of compliance, integrity and transparency has always been a priority for EDPR, structuring its supervision and monitoring, through a regulatory compliance conduct basis and through the adoption of ethical values and principles; both consolidated as central elements of its business model. Taking into account the Group's priority, the Compliance Model has evolved over the years: • During 2016 and 2017, the Compliance Officer position and the Criminal and Legal Risk Prevention Model (Specific Compliance Model) were created. • During 2018, the Company completed the first update of the Criminal Compliance Model and started working on the definition of a criminal risk matrix at an international level including an inventory of the potential risks and its controls in each of the geographies where EDPR operates. Annual Report 2022 Corporate Governance

052 • In June 2019, the Compliance Area was created to support and provide assistance to the Compliance Officer. In February 2020, with the commitment of strengthening the Compliance culture and to comply with the international standards in Corporate Governance, the area evolved to the Department of Compliance and Internal Control – a new department which reports, directly, to the CEO. • In 2022, the Compliance Area has been working on the implementation of a Global Compliance Model with actions addressed to reinforce the establishing of a Ethic and Compliance culture in the whole Group. Reinforcing what stated in the previous point, in 2022, the Compliance Areas has created the Ethics and Corporate Compliance Area (ECC) in the North America platform as support area of the Compliance Officer. Global compliance model In the definition of the Global Compliance Model, the Global Compliance structure has been defined, and a great effort has been made to develop a robust set of policies and procedures for the Group, which includes the following: • The Compliance Standard, approved by the Board of Directors in November 2021 and reviewed and updated in October 2022, which establishes the basic principles, the methodological rules that govern the carrying out of the Compliance function and the specific Compliance functions of all employees. • The Code of Conduct for Top Management and Senior Financial Officers, approved by the Board of Directors in July 2021, that reinforces and complements the Code of Ethics, and reflects the commitment of the people who have been given the responsibility and power to carry out the supervisory and administrative functions of the EDPR Group. The Global Compliance Model integrates specific models depending on the risks affecting the Group: • A specific Integrity Compliance Program focused on the prevention of corruption and bribery risks. EDPR has a zero-tolerance approach to bribery and corruption and is committed to act professionally, fairly and with integrity in all business dealings and relationships wherever the Group operates. For this reason, the specific Integrity Compliance Program has as its central axis the Integrity Policy, which replaces the previous Anticorruption Policy; was approved by the Board of Directors in July 2021 and reviewed and updated in October 2022. The Integrity Policy has been complemented by other procedures that facilitate the application of this Policy. Among others: i. The Donations and Sponsorships Procedure, approved by the Management Team in June 2021. ii. The Offers and Events Procedure, approved by the Management Team in June 2021 and reviewed and updated in December 2022. iii. The Conflict of Interest Procedure, approved by the Management Team in June 2021. iv. The Integrity Due Diligence Procedure and the Procedure for relationship with Public Officials and Politically Exposed Persons, approved on 2020 and developed during 2021 through different electronic platforms. The creation of a technological platform for third-party analysis, which can be used by all Group employees, is noteworthy. Both of them have been reviewed and updated in December 2022. v. The Intermediary Agreements Procedure, approved by the Management Team in July 2022. vi. A specific Criminal Compliance Program focused on the prevention of criminal risks in Spain taking into consideration the regulation in Spain. • During this 2022 the Criminal Compliance Policy has been updated (initially approved in December 2017). • The risk and control matrix has been updated. All the Areas/departments of EDPR Group have reviewed the assigned controls and have validated the applicable controls (self- assessment). • A Control Audit Plan has been established and the controls assigned in the Plan have been audited by an independent third party. In addition, the Risk Assessment Methodology has been updated in order to have a more objective risk assessment. A specific Personal Data Protection Compliance Program focused on the protection of personal data to which EDPR has access and for which it is responsible. In this context, EDPR Annual Report 2022 Corporate Governance

053 has been strengthening its management system to ensure the compliance and adequacy of EDPR Group's entities to the applicable legal requirements regarding Data Protection in the different geographies. The specific Personal Data Protection Compliance Program has as its central axis in the principles reflected on the Personal Data Protection Policy, approved by the Board of Directors in 2020. The main matters involved this Program are periodically reviewed taking into account new requirements and the expansion of the Group in new geographies. The Cookie Policies across different geographies have been updated in 2022. Since September 2022, the internal Data Protection Procedures and Methodologies, defined and developed at a group level in 2021, are being reviewed taking in to account the regulatory requirements established in the legislations of the new geographies in which EDPR has a presence. In October 2022, EDPR started a Project for the review and identification of International Personal Data Transfers accompanied by the elaboration of a Gap Analysis and Action Plan for the subsequent regularization of those transfers that may require it. In December 2022, EDPR has started the development of a new Master Data Protection Policy at a Group Level. All this normative development has implied a strong work to make the new policies and pro- cedures of the Group known, having made special focus this year in training and communication in the field of Compliance. Training and communication Training and communication are fundamental tools to strengthen and disseminate the ethic and compliance culture. In this sense, the following training courses have been developed: • Compliance at EDP with the goal of showing all the employees how the EPDR’s Compliance Management System works. • ComplianceFLIX “how I met integrity” which aims to make employees reflect on situations that may involve illegal acts and improper/unethical conducts, and show them how they should act to comply with the EDPR Integrity Policy. ComplianceFLIX The Personal Data Protection Lady with the goal of reflecting on situations involving the processing of personal data, sometimes resulting in personal data incidents, and showing all the employees how they should act to comply with the law and internal regulations on data protection. • Follow Criminal Compliance which contains the main guidelines of EDPR's Criminal Compliance Policy and the consequences of not complying with them. This training is addressed to new hires or employees who had not completed this training last year. • Ethics is value: Let’s live our Code of Ethics, which is based on different videos of the Directors of EDPR who describe the structure and the main elements of the Code of Ethics. • Ethics for leaders to guarantee that middle management knows the relevant ethics tools to apply in the management of their teams. • Specific trainings online to different areas (Procurement, M&A, Legal) and geographies in order to guarantees the correct implementation of the Integrity Due Diligence Process. • Training sessions in person in different geographies (Italy, Greece, France, Romania, Brazil, Colombia and Hungary) in order to assure the correct acknowledge of all compliance policies and procedures. These trainings have been complemented with communication activities as the (i) monthly Ethics and Compliance Comic which shows practices cases where apply the Code of Ethics and the Compliance policies and procedures,(ii) Global Ethics Day campaign, (iii) periodic posts on the intranet and internal platforms over compliance topics and (iv) different thematic campaigns as the Privacy Day, GRPD anniversary or Anticorruption day. Reporting system Lastly, the reporting system to Top Management and Senior Management has also been improved, establishing reports about the Global Compliance Model to: (i) the CEO (monthly), (ii) the Audit Control and Related Party Transactions Committee (CAUD) (quarterly), (iii) the Management Team (at least quarterly) and (iv) to the Board of Directors (yearly). Annual Report 2022 Corporate Governance

054 Operation, methodology and certifications The entire operation and methodology for the management of the Criminal Compliance Program and the Integrity Compliance Program has been compiled in an internal departmental document called Integrated Management System for Criminal Compliance and Antibribery Handbook updated during 2022. Additional documents, for the support and documentation of this system, have been also drafted. All this development has allowed EDPR, at the end of 2021, to obtain a double certification from AENOR that verifies and accredits that the company has developed a system of criminal and anti-bribery compliance that meets the requirements of reference standards UNE 19601 and ISO 37001. With said recognitions, EDPR demonstrates that it has an effective anti-bribery management system (ISO 37001) and that its Spanish criminal risks Prevention Model complies with best practices to prevent crime, reduce risk, and foster an ethical and legally compliant business culture (UNE 19601). In 2022, EDPR has renewed its AENOR certifications in Criminal Compliance and Anti Bribery, reinforcing, once more time, EDPR's commitment to promote a culture of compliance and strengthen values such as integrity, accountability and transparency. IV. Investor Assistance 56. Investor Relations department EDPR seeks to provide to shareholders, investors, financial analysts and other stakeholders and the market in general, all the relevant information about the Company and its business environment, on a regular basis and whenever a relevant fact takes place. The promotion of transparent, consistent, rigorous, easily accessible, and high-quality information is essential to an accurate perception of the Company’s strategy, financial situation, accounts, assets, prospects, risks, and significant events. EDPR, therefore, looks to provide the market with accurate information that can support them in making informed, clear and concrete investment decisions. The Investor Relations Department was created to ensure a direct and permanent contact with all market related agents and stakeholders, to guarantee effective communication, equality between shareholders and to prevent imbalances in the information access. The EDPR Investor Relations Department (IR) is the intermediary between EDPR and its actual and potential shareholders, the financial analysts that follow Company’s activity, all investors and other members of the financial community. The main purpose of the department is to guarantee the principle of equality among shareholders, by preventing asymmetries in the access of the information and reducing the gap between market perception and Company’s strategy and intrinsic value. The Investor Relations department centralizes all relevant and material information that could impact EDPR share price. This information is prepared by the different departments of EDPR, with the support when necessary, of external experts, and always managed in a strictly confidential basis. The department responsibility also comprises developing and implementing EDPR’s communication strategy and preserving an appropriate institutional and informative relationship with the financial market, the stock exchange at which EDPR shares trade and the regulatory and supervisory entities (CMVM – Comissão de Mercado de Valores Mobiliários – in Portugal and CNMV – Comisión Nacional del Mercado de Valores – in Spain. EDPR is clearly aware of the importance of detailed and transparent information, delivered on-time to the market. Consequently, EDPR publishes Company’s price sensitive information before the opening or following the closing of the Euronext Lisbon stock exchange through CMVM’s information system and, simultaneously, make that same information available on the website investors’ section and through the IR department’s mailing list. In 2022, EDPR made more than 35 market notifications, in addition to quarterly, semi-annual and annual results presentations, handouts and operating data statement elaborated by the IR Department. In addition, the IR Department also elaborates key data files and interim presentations which are available on the website investors’ section. On each earnings announcement, EDPR promotes a conference call and webcast, opened to the market in general, at which the Company’s management updates the market on EDPR’s activities. On each of these events, shareholders, investors and analysts had the opportunity to directly submit their questions and to discuss EDPR’s results as well as the Company’s outlook and strategy. EDPR IR Department is coordinated by Miguel Viana and is located at the Company’s head offices in Madrid, Spain. The department structure and contacts are as follows: Annual Report 2022 Corporate Governance

055 • Miguel Viana, Head ofInvestor Relations and Sustainability • Calle Serrano Galvache, 56; Centro Empresarial Parque Norte; Edificio Olmo – 7th floor; 28033 – Madrid – España • Website: www.edpr.com/en/investors • E-Mail: ir@edpr.com • Phone: +34 900 830 004 EDPR IR Department was in continuous contact with capital markets agents, namely shareholder and investors, along with financial analysts who evaluate the Company. In 2022, as far as the Company is aware, sell-side analysts issued more than 60 reports evaluating EDPR’s business and performance. At the end of the 2022, as far as the Company is aware of, there were 25 institutions elaborating research reports and following actively EDPR activity. As of December 31 st 2022, the average price target of those analysts was of Euro 23.63 per share with 14 “Neutral”, 8 “Buy” and 3 “Sell” recommendations. COMPANY ANALYST PRICE TARGET DATE RECOMMENDATION Bank of America Mikel Zabala € 26.00 15-Feb-22 Buy Barclays Jose Ruiz € 20.30 15-Jul-22 Equalweight Bestinver Daniel Rodríguez € 24.50 1-Jul-22 Buy Berenberg Lawson Steele € 27.00 10-Oct-22 Buy BNP Paribas Manuel Palomo € 21.00 26-Oct-22 Neutral CaixaBank BPI Flora Trindade € 25.00 11-Oct-22 Neutral Citi Jenny Ping € 23.50 23-Sep-22 Neutral Credit Suisse Christopher Leonard € 22.00 16-Dec-21 Neutral Deutsche Bank Olly Jeffery € 22.00 13-Oct-22 Hold Goldman Sachs Alberto Gandolfi € 24.50 26-Oct-22 Neutral HSBC Charles Swabey € 28.00 9-Aug-22 Buy Intermoney Guillermo Barrio € 27.00 12-Jul-22 Buy COMPANY ANALYST PRICE TARGET DATE RECOMMENDATION JB Capital Jorge Guimarães € 24.20 17-Oct-22 Neutral Jefferies Skye Landon € 27.50 22-Jul-22 Buy JP Morgan Javier Garrido € 23.00 17-Oct-22 Overweight Kepler Cheuvreux Jose Porta € 27.50 28-Sep-22 Buy Morgan Stanley Arthur Sitbon € 23.00 7-Jun-22 Equalweight Morning Star Tancrede Fulop €22,00 21-Sep-22 Neutral MedioBanca Sara Piccinini € 24.00 27-Oct-22 Neutral Mirabaud Sonia Ruiz de Garibay € 25.00 12-Dic-22 Buy ODDO BHF Philippe Ourpatian € 18.80 5-May-22 Neutral RBC Fernando Garcia € 19.00 2-Dic-22 Underperform Redburn Fawwaz Janjua € 22.20 21-Jul-22 Neutral Santander Bosco Muguiro € 22.24 26-Jul-22 Sell Société Générale Jorge Alonso € 22.00 15-Sep-22 Sell UBS Gonzalo Sanchez- Bordona € 21.00 24-Oct-22 Neutral 57. Market Relations Representative EDPR representative for relations with the market at CNMV and CMVM is Rui Teixeira, Chief Financial Officer. Annual Report 2022 Corporate Governance

056 58. Information Requests During the year, IR Department received more than 300 information requests and interacted more than 400 times with institutional investors. On average, information requests were replied in less than 24 hours, with complex requests being replied within one-week time. As of December 31 st 2022 there was no pending information request. V. Website – Online information 59-65. EDPR considers online information a powerful tool in the dissemination of material information, updating its website with all the relevant documents. Apart from all the required information by CMVM and CNMV regulations, EDPR website also carries financial and operational updates of Company’s activities ensuring an easy access to the information. EDPR website: www.edpr.com INFORMATION LINK Company information www.edpr.com/en/who_we_are Corporate by-laws and bodies/committees’ regulations www.edpr.com/en/investors/corporate-governance/company- data Members of the corporate bodies and management structure https://www.edpr.com/en/investors/corporate- governance/governing-bodies-and-management-structure Market relations representative, IR department www.edpr.com/en/investors Information channels www.edpr.com/en/edpr Financial statements documents www.edpr.com/en/investors/investors-information/reports-and-results Corporate events Agenda www.edpr.com/en/investors D. Remuneration I. Power to establish 66. Competences to determine the Remuneration of the Corporate Bodies and Executive Staff The Appointments and Remunerations Committee is a permanent body belonging to the Board of Directors with an informative and advisory nature. Its recommendations and reports are non-binding. The Appointments and Remunerations Committee has no executive functions. The main functions of the Appointments and Remunerations Committee are to assist and inform the Board of Directors regarding the appointments (including by co-option), re-elections, dismissals, and the remuneration of the Directors and executive staff. It also informs the Board of Directors on general remuneration and incentive policies and incentives for Board members and executive staff. As such, the Appointments and Remunerations Committee is the body responsible for proposing to the Board of Directors the remuneration of the Executive and Non-Executive Directors, the members of the Board Committees and the Executive Staff; the Remuneration Policy; the evaluation and compliance of the KPI’s (Key Performance Indicators); the annual and multi annual variable remuneration, if applicable. The Board of Directors is responsible for the approval of the above-mentioned proposals except the Remuneration Policy which is approved by the General Shareholders’ Meeting. The Board of Directors also evaluates with an annual periodicity its own performance and the performance of its delegated Committees. The evaluation of the performance of the Board of Directors, is then additionally submitted for the approval of the General Shareholders’ Meeting. The proposal on the Remuneration Policy is submitted by the Board of Directors for the approval of the General Shareholders’ Meeting as an independent proposal, which will be in effect for a maximum of a three-year period. According to the Company’s Articles of Association the Board of Directors remuneration is subject to a maximum value that can only be modified by a Shareholders’ agreement. Annual Report 2022 Corporate Governance

057 II. Appointments and Remunerations Committee 67. Appointments and Remunerations Committee composition. Relevant service providers in 2022. The composition of the Appointments and Remunerations Committee is reflected on topic 29 of this Chapter 5 of the Annual Report. The Company has not stablished any restrictions within its Articles of Association, Regulations or internal policies limiting the competence of the Appointments and Remunerations Committee to hire any consulting services that may be considered necessary to carry out its duties; additionally in case such services would be hired, it should be noted that they should be rendered independently, ensuring that the service provider do not provide any other services to EDPR or to any company in controlling or group relationship. In 2022 the Committee hired the services of Egon Zehnder for the identification of the best profiles to cover the vacancy left by Joan Avalyn Dempsey, and the provision of these services strictly complied with the referred requirements. 68. Knowledge and experience regarding Remuneration Policy The members of the Appointments and Remunerations Committee have knowledge and experience regarding Remuneration Policy. III. Remuneration structure 69. Remuneration Policy Pursuant to Article 26 of the Company’s Articles of Association the Directors shall be entitled to a remuneration which consists of a fixed amount to be determined annually by the General Shareholders’ Meeting for the whole Board of Directors. The above-mentioned article also establishes the possibility of the Directors of receiving attendance fees or being remunerated with Company shares, share options, or other securities granting the right to obtain shares or by means of share-indexed remuneration systems. In any case, the system chosen must be approved by the General Shareholders’ Meeting and comply with current legal provisions. The total amount of the remunerations that the Company will pay to its Directors shall not exceed the amount determined by the General Shareholders’ Meeting. Pursuant to Article 26.5 of the Company’s Articles of Association, the rights and duties of any kind derived from the condition of Board Member shall be compatible with any other rights and obligations either fixed or variable that could correspond to the Board Members as a consequence of other employment or professional engagements, if any, carried out in the Company. Variable remuneration resulting from said contracts or from any other relationship, including being a Board Member, will be limited to a maximum annual amount to be also established by the General Shareholders’ Meeting. For these purposes, the General Shareholders' Meeting held on May 13 th , 2008 set a maximum annual amount for the Board of Directors for fixed remuneration of EUR 2,500,000; and at its meeting held on April 8 th , 2014 also resolved to establish a maximum annual amount for variable remuneration of EUR 1,000,000 for executive directors. For 2023 onwards, the maximum annual amount for fix and variable remuneration for the Board of Directors has been set in EUR 3,500,000 by the approval of the General Shareholders’ Meeting held on March 31 st , 2022. This amount results of the merge of the former EUR 2,500,000that was stablished for fix renumeration and the EUR 1,000,000 that was established for variable annual remuneration. EDPR, in line with EDP Group corporate governance practices, has signed a Management Services Agreement with EDP, under which the Company bears the cost for such services to some of the members of the Board of Directors to the extent their services are devoted to EDPR. The Non-Executive Directors only receive a fixed remuneration, which is calculated on the basis of their work as Directors and a complement as Member or Chairperson of the Appointments and Remunerations Committee, and /or the Audit, Control and Related Party Transactions Committee and/or the Environmental, Social and Corporate Governance Committee. Such amounts are cumulative, except for the Chairman of the Board of Directors who does not receive any complement derived from his role at any Committee. EDPR has not incorporated any share remuneration or share purchase options plans as components of the remuneration of its Directors. No Director has entered into any contract with the Company or third parties that have the effect of mitigating the risk inherent in the variability of the remuneration established by the Company. Annual Report 2022 Corporate Governance

058 In EDPR there are not any payments for the dismissal or termination of Director's duties. In 2022, the Board of Directors Remuneration Policy in place for this term was duly applied. Additionally, the General Shareholders’ Meeting held on March 31, 2022 approved the Renumeration Policy to be applied for 2023-2025 term, following the proposal of the Appointments and Remunerations Committee. 70. Remuneration Structure The Remuneration Policy applicable for 2020-2022 was approved by the General Shareholders’ Meeting (the “Remuneration Policy”). This Remuneration Policy maintains a structure with a fixed remuneration for all members of the Board of Directors, whereas for the Executive Directors also defines a fixed and a variable remuneration, with an annual component and a multi-annual component. 71. Variable Remuneration Variable annual and variable multi-annual remuneration apply to the Executive Directors. Variable annual and multi-annual remuneration will be a percentage of fixed annual component, with a superior weight for multiannual vs. annual component (120% vs. 80%). Thus, the value of the variable remuneration may range between 0% and 85% of the 80% in the case of the annual variable, and between 0% and 85% of the 120% in the case of the multi-annual variable. Such percentages are applied over the gross annual fixed remuneration. According to the Remuneration Policy approved by the General Shareholders’ Meeting, the maximum variable remuneration (annual and multi-annual) is applicable if all the KPI’s were achieved and the performance evaluation is equal or above 110%. The key performance indicators (KPIs) used to determine the amounts of the annual and multi - annual variable remuneration for each year of the term are proposed by the Appointments, and Remunerations Committee with the aim of aligning them with the strategic pillars of the Company: growth, risk control and efficiency. The KPIs considered for the variable remuneration paid in 2022 (as a result of the performance developed in 2021), as well as those to be considered in 2023 for the appraisal of the performance of year 2022 were the following: KEY PERFORMANCE INDICATOR CEO/CFO WEIGHT WEIGHT EDPR RESULTS Total Shareholder return 15% 100% TSR vs. Wind peers & Psi 20 100% 100% Shareholders 80% 60% Operating Cash Flow (€ million) 10% 100% AR/Sell-down + Tax Equity (€ million) 10% 100% EBITDA+ sell down gains (€ million) 10% 100% Net Profit (€ million) 10% 100% Core Opex Adjusted (€ thousand/MW) 10% 100% Projects with FID (% of total ’19-’22 additions in BP) 10% 100% Clients 10% Renewable Capacity Built (in MW) 10% 100% Assets & Operations 10% Technical Energy Availability (%) 5% 100% Capex per MW (€ thousand) 5% 100% Environment & Commnunities 5% Certified MW % 5% 100% Innovation & partners 5% H&S frequency rate (employees + contractors) 5% 100% People 5 Management 10% People Management 10% 100% Remuneration Committee 5% 100% Appreciation Remuneration Committee 100% 100% 5 5 The policy has considered the labour conditions and the remuneration of the Company employees in order to define its terms, and in particular, has established this KPI, that includes the results of the Climate Survey launched to the employees in which the satisfaction level with the performance and applicable conditions is reflected. Annual Report 2022 Corporate Governance

059 72. Deferral period applicable to variable Remuneration In line with corporate governance practices, the Remuneration Policy incorporates the deferral for a period of three years of the multi-annual variable remuneration, being the relevant payment conditioned to the lack of any willful illicit action, known after the appraisal and which endangers the sustainable performance of the company. 73. Variable Remuneration based on shares EDPR has not allocated variable remuneration on shares and does not maintain Company shares that the Executive Directors have had access to. 74. Variable Remuneration based on options EDPR has not allocated variable remuneration on options. 75. Annual Bonus and non-monetary benefits The key factors and grounds for any annual bonus scheme are described on topics 71 and 72. No non-monetary benefits are paid by EDPR to its Board Members, except for a company car for the Chairman of the Board of Directors (whose total related cost for four years was borne and reported in in 2021) and the retirement savings plan for Executive Directors referred in the following section. 76. Retirement Savings Plan The retirement savings plan applicable to 2022, which is included within the Remuneration Policy applicable for such term was defined and proposed by the Appointments and Remunerations Committee to the Board of Directors for its submission to the General Shareholder’s Meeting, which was duly approved. For the Executive Directors of EDPR (Miguel Stilwell d’ Andrade and Rui Teixeira) it was stablished in a 5% of the fixed fee under the Management Services Agreement. For the year 2022, EDPR paid a fee to EDP under the Management Services agreement of 19,200€ corresponding to the retirement saving plan of Miguel Stilwell d’ Andrade, and of 14,500€ corresponding to the retirement saving plan of Rui Teixeira. IV. Remuneration disclosure 77. Board of Directors remuneration Below the list of EDPR Directors that composed the Board during 2022, and the amounts paid by EDPR either (i) as remuneration to them for their functions at the Board level or (ii) as fee to EDP under the Management Services Agreement for their services (not remuneration). The following figures reflect the period of 2022 in which each relevant Director was member of the Board: DIRECTOR REMUNERATION FEES MANAGEMENT SERVICES AGREEMENT EDP-EDPR EXECUTIVE DIRECTORS Fixed component Variable component Miguel Stilwell d’ Andrade - 384,000€* 173,664.84€ Rui Teixeira - 290,000€* 131,153.13€ NON-EXECUTIVE DIRECTORS Fixed component António Mota 230,000€ - Vera Pinto - 65,000€* - Ana Paula Marques - 65,000€* - Miguel Setas - 65,000€* - Manuel Menéndez 65,000€ - Acácio Piloto (**) 65,000€ - Allan J.Katz (**) 65,000€ - Rosa García (**) 65,000€ - José Morgado (**) 65,000€ - Kay Mc Call (**) (***) 37,917€ - Joan Avalyn Dempsey (****) 2.446€ Sub- Total 595,363€ 869,000€ 304,817.97€ Total 1,769,180.97€ *These amounts correspond to the service fee paid by EDPR to EDP under the Management Services Agreement for the services rendered in 2022 by such director. In addition, EDPR pays to EDP a 5% of such service fee which is applied to the retirement savings plan for Executive Directors described in topic 76 of this Chapter 5 of the Annual Report. **These Directors also received remuneration for their participation in the Delegated Committees that is detailed at Chapter 6 of this Annual Report. ***The remuneration reflected for this Director corresponds to 2022, provided that she was appointed by co-option on May 3 rd , 2022 (with effects June 1 st , 2022). **** Joan Avalyn Dempsey presented the resignation to her positions as Board Members with effects January 13 th , 2022, and therefore the amounts indicated in the table above reflect the remuneration accrued in 2022 until her resignation. Annual Report 2022 Corporate Governance

060 78. Remuneration from other Group Companies The members of the Board of Directors as of end of December 2022 do not receive any payment from any company under EDPR control or subject to EDPR common control. 79. Remuneration paid in form of profit sharing and/or bonus payments In EDPR there is no payment of remuneration in the form of profit sharing and/or bonus payments and the reasons for said bonuses or profit sharing being awarded. 80. Compensation for contract termination of Executive Board Members In 2022 there was no compensation paid or owed to former Executive Directors concerning contract termination during the financial year. Should be noted for these purposes that in 2022, the General Shareholders’ Meeting approved the Remuneration Policy to be applied for 2023 -2025 under which, except as provided in section below, is specifically established that no severance payment shall be made to Directors for termination of their duties before the end of the term of office for which they were appointed, and that Executive Directors shall not sign contracts, either with EDPR or with third parties, that have the effect of mitigating the risk inherent in the variability of the remuneration set by EDP. Considering the terms laid down by law and market practice, and approved under the Remuneration Policy for 2023-2025, as on the remuneration of Executive Directors in the event of early termination of office it has been established that: • In the event of termination for reasons not attributable to the Executive Director, he/she shall be entitled to receive the full fixed component until the end of the term of office for which he/she was elected, and the variable component accrued until the date of termination of office, but shall lose the right to receive any other benefits inherent to the effective exercise of functions for periods of annual or multi-annual performance not completed in their entirety. • In the event of resignation not arising from an early termination agreement with EDPR, the Executive Director shall be entitled to receive only the fixed and variable remuneration accrued up to the date of resignation, the payment of which shall be made on the same terms and conditions as for serving executive Directors. • In the event of termination of service by agreement with EDPR whereby the Executive Director agrees to resign, the Executive Director shall be entitled to receive the amount agreed at that time, which shall not exceed (i) the amount of the fixed component until the end of the term of office, plus (ii) the full variable component for the annual or multi-year period payable after it is determined at the end of the relevant period, as if the Executive Director had remained in office. 81. Audit, Control and Related Party Transactions Committee Remuneration Except in the case of the Chairperson of the Board of Directors, the directors that are also members/chairperson of the Delegated Committees receive for these functions a complement to their fixed remuneration as members of the Board. Below the list of members of the Audit, Control and Related Party Transactions Committee as of December 31 st 2022, and the amounts paid by EDPR as remuneration to them for the functions performed at this body. COMMITEE MEMBER POSITION REMUNERATION Acacio Piloto Chairman 55,000€ Rosa García García Vocal 25,000€ José Félix Morgado Vocal 25,000€ 82. Remuneration of the Chairperson of the General Shareholders’ Meeting In 2021 it was decided to adopt the general practice followed under the personal law of the Company (Spanish one) that allows the Shareholders Meeting to be chaired by the Board of Directors Chairman. Therefore, there are no additional remunerations applies for the chairmanship of the General Shareholders’ Meeting, as it is performed by the Chairperson of the Board of Directors (António Gomes Mota). V. Agreements with remuneration implication 83-84. EDPR has no agreements with remuneration implication. For avoidance of doubt, the Company has not adopted any mechanism that imply payments or assumption of fees in the case of change in the composition of the managing body (Board Annual Report 2022 Corporate Governance

061 of Directors), and which could be likely to harm the free transferability of shares and a shareholder assessment of the performance of the members of this managing body. VI. Share-allocation and/or Stock Option Plans 85-88. EDPR does not have any Share-Allocation and/or Stock Option Plans. E. Related-Party Transactions I. Control mechanisms and procedures 89. Related-Party Transactions Controlling Mechanisms The Spanish Companies Act sets a the regulation and requirements for Related Party Transactions, including the definition of Related Party Transactions, and the approval and disclosure procedures of these type of operations. This definition of Related Party Transactions under Spanish Law considers those performed by a company or its subsidiaries, with Directors, shareholders holding a 10% or more of the voting rights or represented at the Board of the company, or with whomever that shall be considered as related party under the International Accounting Standards. With regards the competence to approve Related Party Transactions, as of such amendment, it has been stablished an assignation of competence to different governing bodies depending on the amount as follows: • The Shareholders Meeting: transactions of an amount equal or above a 10% of the total assets according to the last annual balance sheet. These transactions shall be • submitted together with a supporting report issued by the Audit Committee of the Company. • The Board of Directors: transactions of an amount below a 10% of the total assets according to the last annual balance sheet. These transactions shall be also submitted together with a supporting report issued by the Audit Committee of the Company. • Delegated Bodies: the Board of Directors may delegate the approval of: (i) transactions performed between companies of the same group that are performed in the ordinary management of the company and under market conditions, and (ii) that are executed under contracts with standardized terms that are wholesale applied to a high number of clients under prices or tariffs generally established by the supplier of the goods or services, the amount of which does not exceed the 0.5% of the net amount of the annual company business value. The transactions approved by the delegated body will not require the issuance of the Audit Committee report, but the Board shall establish a periodic internal reporting and control procedure involving the Audit Committee, which will verify the fairness and transparency of the transactions and the compliance with the applicable legal criteria. In light of the above, on July 27 th , 2021, the Board of Directors approved to implement the necessary adjustments in the process of analysis and approval of Related Party Transactions, and in particular resolved to take the following decisions: • To approve the delegation in the Audit, Control and Related Party Transactions Committee of the competence to approve Related Party Transactions that are delegable under the law; • To approve a procedure for reporting and control of such transactions involving the Audit, Control and Related Party Transactions Committee; • To approve a new definition of Related Party Transactions to be regulated under the Audit, Control and Related Party Transactions Committee, considering as Related Party the following:(i) any company of the EDP Group, (ii) any company in which both EDPR SA and a Related Party have a stake, (iii) any shareholder holding a 10% or more of the voting rights or with representation at the Board of the Company, and (iv) any party deemed as Annual Report 2022 Corporate Governance

Annual Report 2022 Corporate Governance 062 ated Party under the International Accounting Standards, including without limitation, Board members, Key Employees 6 and Relatives 7 . • In order to formalize the above referred delegations, to amend article 8.B. (“Nature and Competence”) of the Regulations of the Audit, Control and Related Party Transactions Committee including the necessary competences to perform its duties, as follows: i. Analise and, where appropriate, approve the (i) (a) intragroup transactions or (b) transactions performed between EDPR Group and EDP Group when their amount is below 10% of the total assets at the last annual balance sheet approved by the company, as long as they are in the ordinary management of the company and under market conditions; (ii) transactions executed under contracts with standardized terms that are wholesale applied to a high number of clients under prices or tariffs generally established by the supplier of the goods or services, and which amount does not exceed the 0,5% of the net annual company turnover, and ii. Periodically inform the Board of Directors about the transactions approved by this Committee in the exercise of the above referred delegation, stating the fairness and transparency of such transactions, and as the case may be, the compliance with the applicable legal criteria. iii. Analise and inform about any modification of the Framework Agreement signed by EDP and EDP Renováveis on 7 May 2008. 8 iv. Submit a report to the Board of Directors of the Company regarding the Related Party Transactions that shall be approved by the Board of Directors of EDPR SA or by its Shareholder’s Meeting in accordance with the law, and that shall include: (i) the information regarding the nature of the operation and the relation with the Related Party, (ii) the identity of the Related Party, the date and value or amount of the compensation of the transaction, and any other information necessary to appraise if the operation is fair and reasonable for the company and for the shareholders that are not Related Parties. 6 To this extent the following shall be considered as Key Employees: (i) the members of the Management Team of EDP Renováveis, S.A., (ii) the General Secretary of the Company, (iii) the Directors of Internal Audit, Compliance and Internal Control, Global Risk, Finance, ACT, Planning and Control, Investor Relations, Legal, IT, as well as (iv) any other that the Audit, Control, and Related Party Transactions Committee may designate. v. Request EDP for access to the information needed to perform its duties. It should be also noted that in accordance with article 13.3 of the Regulations of the Audit, Control and Related Party Transactions Committee, the resolutions adopted by this committee are reported to the Board of Directors at the first Board meeting held following the meeting of the committee in which such proposals were discussed. That means that in case there are Related Party Transactions, they are reported to the Board of Directors at least every quarter (maximum period elapsed between Board of Directors Meeting in accordance with Article 22 of its Regulations). 90. Transactions subject to control during 2022 During 2022, EDPR has not signed any contracts with the members of its corporate bodies or with holders of qualifying holdings, excluding EDP, as mentioned below. The contracts signed between EDPR and its related parties have been analyzed by the Audit, Control and Related Party Transactions Committee according to its competences, as mentioned on the previous topic, and have been concluded according to the market conditions. The total amount of supplies and services in 2022 incurred with or charged by the EDP Group was EUR 44,293,208 thousand corresponding to 10% of the total value of Supplies & Services for the year (EUR 438,973,930 thousand). The most significant contracts in force during 2022 are the following: Framework agreement The framework agreement was signed by EDP and EDPR on May 7 th 2008 and came into effect when the latter was admitted to trading. The purpose of the framework agreement is to 7 To this extent the following shall be considered as Relatives: the spouse or assimilated partners of a Board Member and or/ of a Key Employee, the children of a Board Member and/or of a Key Employee, or of his/her spouse or assimilated partner, as well as the dependent individuals of the Board Member and/or Key Employee or of his/her spouses or assimilated partners. 8 This Framework Agreement was signed between EDP and EDPR in order to regulate the transactions closed between companies of EDP Group and EDPR Group, stating that in compliance with the transparency purposes for future investors, such shall continue to be developed in line with the market prices, in an arm’s length basis, and following certain predefined principles and rules (considering criteria as parties involved, scope and amount).

Annual Report 2022 Corporate Governance 063 set out the principles and rules governing the legal and business relations existing when it came into effect and those entered into subsequently. The framework agreement establishes that neither EDP nor the EDP Group companies other than EDPR and its subsidiaries can engage in activities in the field of renewable energies without the consent of EDPR. EDPR shall have worldwide exclusivity, with the exception of Brazil, where it shall engage its activities through a joint venture with EDP Energias do Brasil S.A., for the development, construction, operation, and maintenance of facilities or activities related to wind, solar, wave and/or tidal power, and other renewable energy generation technologies that may be developed in the future. Nonetheless, the agreement excludes technologies being developed in hydroelectric power, biomass, cogeneration, and waste in Portugal and Spain. It lays down the obligation to provide EDP with any information that it may request from EDPR to fulfil its legal obligations and prepare the EDP Group’s consolidated accounts. The framework agreement shall remain in effect for as long as EDP directly or indirectly owns more than 50% of the share capital of EDPR or appoints more than 50% of its Directors. Management services agreement On November 4 th , 2008 EDP and EDPR signed a Management Services Agreement that has been amended during the last years in accordance of the variations in the services rendered by EDP to the Company. Through this contract, EDP provides management services to EDPR, including matters related to the day-to- day running of the Company. As of 31 December 2022, under this agreement EDP renders management services corresponding to five (5) people from EDP which are part of EDPR’s Management: (i) two Executive Directors, who are also the CEO and CFO of EDPR, and (ii) three Non-Executive Directors, for which EDPR pays EDP an amount defined both by the Appointments and Remunerations Committee and by the Audit, Control and Related Party Transactions Committee, and approved by the Board of Directors and the Shareholders Meeting. Under this contract, EDPR incurred an amount of EUR 3,093,967,282 for the management services rendered in 2022. Finance agreements and guarantees The most significant finance agreements between EDP Group companies and EDPR Group companies were established under the above-described Framework Agreement and currently include the following: Loan agreements EDPR and EDPR Servicios Financieros SA (“EDPR SF” as the borrower) have loan agreements with EDP Finance BV and EDP Servicios Financieros España (“EDP SFE” as the lender), companies 100% owned by EDP. Such loan agreements can be established both in EUR and USD, up to 10-year tenor and are remunerated at rates set at an arm’s length basis. As of December 31 st 2022, such loan agreements totaled USD 3,093,967,282 and EUR 1,500,754,189. Current account agreement EDPR SF and EDP SFE signed an agreement through which EDP SFE manages EDPR SF’s cash accounts. The agreement also regulates the current account scheme on arm’s length basis. As of December 31 st 2022, there are two different current accounts with the following balance and counterparties: • in USD, for a total amount of USD 348,581,315.39 in favour of EDPR SF • in EUR, for a total amount of 311,807,352.06 in favour of EDP SFE The agreements in place are valid for one year as of date of signing and are automatically renewed for equal periods. Counter-guarantee agreement A counter-guarantee agreement was signed, under which EDP or EDP Energias de Portugal S.A., Sucursal en España (hereinafter guarantor or EDP Sucursal) undertakes on behalf of EDPR, EDP Renewables Europe SLU (hereinafter EDPR EU), and EDP Renewables North America LLC (hereinafter EDPR NA) to provide corporate guarantees or request the issue of any guarantees, on the terms and conditions requested by the subsidiaries, which have been approved on a case by case basis by the EDP’s Executive Board. EDPR will be jointly liable for compliance by EDPR EU and EDPR NA. The subsidiaries of EDPR undertake to indemnify the guarantor for any losses or liabilities resulting from the guarantees provided under the agreement and to pay a fee established in arm’s length basis. Nonetheless, certain guarantees issued prior to the date of approval of these agreements may have different conditions. As of December 31 st 2022, such counter-guarantee agreements totaled in EUR equivalent 446.921.823.

Annual Report 2022 Corporate Governance 064 A counter-guarantee agreement was signed between EDPR Group and EDP Sucursal, under which, EDPR Group can request the issue of any guarantee, on the terms and conditions requested by the subsidiaries of EDPR. EDPR group undertake to indemnify the guarantor for any losses or liabilities resulting from the guarantees provided under this agreement and to pay a fee established in arm’s length basis. As of December 31 st 2022, the amount of guarantees issued under this agreement totalled EUR 9,675,558.54. Cross currency interest rate swaps Due to the net investments in North America, Canada, Brazil, United Kingdom, Poland, Romania and in Colombian companies, EDPR’s accounts were exposed to the foreign exchange risk. With the purpose of hedging this foreign exchange risk, EDPR Group companies settled the following Cross Currency Interest Rate Swap (CIRS). As of December 31 st 2022 the total amount of CIRS by geography and currency are as following: • in USD/EUR, with EDP for a total amount of USD 3,142,365,770 • in CAD/EUR, with EDP for a total amount of CAD 139,148,471.50 • in BRL/EUR, with EDP for a total amount of BRL 72,500,000 • in GBP/EUR, with EDP for a total amount of GBP 35,100,000 • in PLN/EUR, with EDP for a total amount of PLN 771,408,528 • in COP/EUR with EDP for a total amount of COP 25,598,000,000 Hedge agreements – exchange rate EDPR Group companies entered into several hedge agreements with EDP, with the purpose of managing the transactional exposure related to the short term or transitory positions, in Brazil, Colombian, Canada, Hungary, Chile, APAC, Polish, United Kingdom and other subsidiaries, with USD exposure, fixing the exchange rate mainly for USD and EUR, in accordance to the prices in the forward market in each contract date. As of December 31 st 2022, the total amount of Forwards (“FWDs”) and Non Delivery Forwards (“NDFs”) by geography and currency are as following: • APAC operations, for EUR/JPY, a total amount of EUR 6,840,154 (FWDs), for EUR/KRW a total amount of EUR 2,246,471 (NDF), for EUR/SGD a total amount of EUR 746,296,712 (FWDs plus NDFs), and for EUR/TWD a total amount of EUR 18,977,221.05 (FWDs plus NDFs) • Brazilian operations, for EUR/BRL, a total amount of EUR 279,358,887 (NDFs) and, for USD/BRL, a total amount of USD 14,138,445 (NDF) • Colombian operations, for EUR/COP, a total amount of EUR 83,323,119 (NDFs) • Canada operations, for USD/CAD, a total amount of USD 257,796,000 (FWDs) and EUR/CAD, a total amount of EUR 51,005,363 (FWDs) • Hungary operations, for EUR/HUF, a total amount of EUR 21,985,908.46 (FWDs) and HUF/USD, a total amount of USD 19.313.279 (FWDs) • Polish operations, for EUR/PLN, a total amount of EUR 307,336,474 (FWDs plus NDFs) and for USD/PLN, a total amount of USD 99,439,309 (FWDs) • United Kingdom operations, for GBP/EUR a total amount of EUR 178,463,478.40 (FWDs) • Chile operations, for EUR/USD, a total amount of EUR 12,251,692 (FWDs) and other Subsidiaries operations, for EUR/USD, a total amount of EUR 884.420.715 (FWDs) and for USD/EUR, a total amount of USD 177.902.024. Hedge agreements – commodities EDP and EDPR EU entered into hedge agreements for 2022 for a total volume of 3,939,689.69 MWh (sell position) and 1,237,673 MWh (buy position) at the forward market price at the time of execution related with the expected sales of energy in the Spanish market. Consultancy service agreement On June 4 th 2008, EDP and EDPR signed a consultancy service agreement. Through this agreement, and upon request by EDPR, EDP (or through EDP Sucursal) shall provide consultancy services in the areas of legal services, internal control systems, financial reporting, taxation, sustainability, regulation and competition, risk management, human resources, information technology, brand and communication, energy planning, accounting and consolidation, corporate marketing, and organizational development. The price of the agreement is calculated as the cost incurred by EDP plus a margin. For the first year, it was fixed at 8% based on an independent expert on the basis of market research. For 2022 the estimated cost of these services is EUR 13,403,800.59. This was the total cost of services provided for EDPR, EDPR EU, and EDPR NA. The duration of the agreement is one (1) year tacitly renewable for equal periods. Research and development agreement On May 13 th , 2008, EDP Inovação S.A. (hereinafter EDP Inovação), an EDP Group Company, and EDPR signed an agreement regulating relations between the two companies regarding projects in the field of renewable energies (hereinafter the R&D Agreement).

Annual Report 2022 Corporate Governance 065 The object of the R&D Agreement is to prevent conflicts of interest and foster the exchange of knowledge between companies and the establishment of legal and business relationships. The agreement forbids EDP Group companies other than EDP Inovação to undertake or invest in companies that undertake the renewable energy projects described in the agreement. The R&D Agreement establishes an exclusive right on the part of EDP Inovação to project and develop new renewable energy technologies that are already in the pilot or economic and/or commercial feasibility study phase, whenever EDPR exercises its option to undertake them. The fee corresponding to this agreement in 2022 is EUR 101,824.47. The agreement shall remain in effect for as long as EDP directly or indirectly maintains control of more than 50% of both companies or appoint the majority of the members of the Board and Executive Committee of the parties to the agreement. Management support services agreement between EDP Renováveis Portugal S.A., and EDP GLOBAL SOLUTIONS - GESTÃO INTEGRADA de Serviços S.A. On January 1 st , 2003, EDPR – Promoção e Operação S.A., and EDP Global Solutions - Gestão Integrada De Serviços S.A. (hereinafter EDP Global Solutions), an EDP Group Company, signed a management support service agreement. The object of the agreement is the provision to EDPR – Promoção e Operação S.A. by EDP Global Solutions of services in the areas of procurement, economic and financial management, fleet management, property management and maintenance, insurance, occupational health and safety, and human resource management and training. The remuneration accrued by EDP Global Solutions by EDPR Promoção e Operação S.A. and its subsidiaries for the services provided in 2022 totaled EUR 2,013,454.78. The initial duration of the agreement was five (5) years from date of signing on January 1 st 2008, and tacitly renewable for equal periods of one (1) year. Either party may renounce the contract with one (1) year’s notice. Information techonology management services agreement between EDP Renováveis S.A. and EDP Energias de Portugal S.A. There exists an IT management services agreement effective since January 1 st , 2020, which supersedes the existing IT management services agreement from that date. The object of the agreement is to provide to EDPR the information technology services described on the contract and its attachments by EDP. The amount incurred for the services provided in 2022 totaled EUR 9,958,208.13. The initial duration of the agreement is one (1) year from date of signing and it is tacitly renewed for a new period of one (1) year. Either party may renounce the contract with one (1) month notice. Consultancy agreement between EDP Renováveis Brasil S.A., and EDP Energias do Brasil S.A. The object of the agreement is to provide to EDP Renováveis Brasil S.A. (hereinafter EDPR Brasil) the consultancy services described on the contract and its attachments by EDP – Energias do Brasil S.A. (hereinafter EDP Brasil). Through this agreement, and upon request by EDPR Brasil, EDP Brasil shall provide consultancy services in the areas of legal services, internal control systems, financial reporting, taxation, sustainability, regulation and competition, risk management, human resources, information technology, brand and communication, energy planning, accounting and consolidation, corporate marketing, and organizational development. The amount incurred by EDP Brasil for the services provided in 2022 totalled BRL 275.684. The initial duration of the agreement is one (1) year from the date of signing and it is tacitly renewed for a new period of one (1) year. General Services Agreement between EDPR Renováveis S.A. and EDP Energías de Portugal, S.A. Sucursal en España On October 1 st , 2022, EDPR and EDP Sucursal signed a General Services Agreement. The object of the agreement is the provision by EDPR of preventive and corrective maintenance of the offices leased by EDP in Serrano Galvache (Madrid), as well as the management of accuses to the facilities, the supply of food and the use of canteen. The remuneration accrued by EDPR by EDP Sucursal for the services provided in 2022 under this agreement totaled EUR 15,941.28. The duration of the agreement is unlimited from date of signing.

Annual Report 2022 Corporate Governance 066 Additional Transactions analysed in 2022 Likewise, in the development of the delegation made by the Board of Directors to the Audit, Control and Related Party Transactions Committee regarding the supervision of Related Party Transactions, during 2022, the following were analyzed and approved by this body, and further reported to the Board of Directors: • PPA between EDPR through EDPR EU (Seller), and EDP (Buyer) to support the investment decision of the repowering of 2 wind farms in Portugal (SE Coentral – Safra, of 7,9 MW; and SE Alto de Coutada, of 22,8 MW); • Update of the spreads applicable to medium and short term intercompany loans in USD and in EUR, executed between EDP Group (Lender) and EDPR SF (Borrower) in EUR and in USD; • New Long Term Loan in USD between EDP Finance BV (Lender) and EDPR SF (Borrower) to renew USD 370M of loans with maturity on February 15 th , 2022, and to cover the investment of USD 148M in a new opportunity in EDPR NA (Longroad – DG platform); • Awarding to EDP Commercial the construction works of two High Voltage lines for the solar Project Cerca (Portugal); • New long term loan in USD between EDP Finance BV (Lender) and EDPR SF (Borrower) of USD 500M for the repayment of the current account debt, and in accordance with the long term funding needs established under the Budget for 2022; • Renegotiation of the cross-currency interest rate swap of EUR/USD 1.000 to a new tenor, between EDP Finance BV (payer in EUR) and EDPR SF (payer in USD); • Memoradum of understading between (i) EDPR and (ii) EDP, EDP Produção, EDP España y Generaciones Eléctricas Andalucía to regulate the partnerships that may be implemented in relation to hybrid and conversion projects; • Data Process Agreement between EDP Inovação and EDPR. in the frame of the contract regulating the relationship between EDPR and EDP Inovação dated May 13 th , 2008; • PPA between EDPR Europe (Seller) and EDP S.A (Buyer) for a wind portfolio of 40 MWs in Spain; • Amendment to the current account Agreement between EDP SF. (Lender) y EDPR SF. (Borrower), to in include, with effects April 1 st 2022, the terms applicable to: risk spread, maximum limits, prices applicable to positive and negative balance, as well as the implementation of a commitment fee; • Incorporation of a Global Energy Management Platform (GEM) for the whole Group at EDP level to support the short- term and market access activities; • Transfer of Access to Energy assets to EDP (including an internal team of 4 members, the stake in two companies - Solarworks! and Rensource-, two loans with Solarworks!, and a consultancy agreement with Tetra Tech); • Internal services agreement between H2BU (Hydrogen Business Unit) and EDPP for the development of renewable hydrogen activities; • PPA between EDPR (through Fotovoltaica Flutuante do Grande Lago, S.A.) as Seller, and EDP, as Buyer, for a floating solar (overpowering) of 12,4 MWac and a wind hybrid project of 50,4 MWac (Project Alqueva), located in Grande Lago (Portugal); • PPA between EDPR (through EDPR SF) as Seller y and EDP as Buyer for the solar hybrid project of 19,6 MW Castillo de Garcimuñoz (Spain); • Update of the spreads applicable to the long-term intercompany loans in EUR and USD, between companies of EDP Group to align with the trends of the market and the actual/real cost of funding; • Market Representation Services Agreement between EDPR and EDP for Minas de Orgueirel, a solar PV hybridized Project located in Portugal; • Amendment to the current account agreement signed between EDP SF (Lender) and EDPR SF (Borrower) to update the interest in accordance with the currents markets rates; • PPA between EDPR (through EDPR PT) as Seller and EDP. - GEM – as Buyer for the volumes produced during 15 years by Minas de Orgueirel, Cesaredas y Charneca das Lebres three solar PV hybrid projects located in Portugal; • Substitution of Las Sardas wind farm by Acampo Sancho in an already executed PPA between EDPR (through EDPR SF) as Seller and EDP as Buyer (but being AZSA the final costumer); • PPA between EDPR, (through EDPR SF) as seller and y EDP – GEM - as Buyer, for Rocio, a solar project of 24.6 MW located in Spain; • 8º Amendment to the Management Services Agreement between EDP and EDPR in order to formalize the updates approved for the remuneration of the non- Executive Directors, and the CEO and CFO; • Market Representation Services Agreement (including balancing cost and ancillary services) between EDPR (through EDPR España and its SPVs) as Seller and EDP España as Buyer for EDPR wind portfolio in Spain (429 MW); • New Long-Term Loans between EDP Group (as Lender) and EDP SF (as Borrower) of USD 994M combined, 5Y, 8Y AND 9Y tenor; • Long Term hedge in Spain for operational assets between EDPR SF and EDP S.A. ; • Methodology to be applied to the sale of guarantees of origin to GEM.

Annual Report 2022 Corporate Governance 068 PART II – Corporate Governance Assessment I. Details of the Corporate Governance code implemented Following the protocol signed between the CMVM and the Portuguese Institute of Corporate Governance (IPCG) on October 13 th , 2017, the CMVM revoked its Corporate Governance Code (2013), which was replaced by a single applicable code, the new Corporate Governance Code of the IPCG, which entered into force on January 1 st , 2018, and that was reviewed in 2020. For the purposes of the proper preparation of corporate governance reports for the year beginning in 2022, and to be reported in 2023, they should continue to be prepared in accordance with the structure of contents referred the annex to CMVM Regulation No. 4/2013 available at the CMVM website ( www.cmvm.pt). The report template is divided into two parts: • Part I - mandatory information on shareholder structure, organisation and governance of the company. This information shall be referred within points 1 to 92 of this Corporate Governance Report in accordance with the structure included in that Annex. • Part II - Corporate governance assessment: should include a declaration in which they must: (i) identify the applicable code, (ii) state whether or not they adhere to each of the recommendations of this code and, (iii) with respect to recommendations that do not follow, explain reasonably why. The agreement between CMVM and IPCG on the new Corporate Governance Code may be found on the Protocol signed on October 13 th , 2017, which is available at the website of CMVM (http://www.cmvm.pt/). Likewise, the reviewed version Corporate Governance Code of the IPCG is published on the website of IPCG and of the Monitoring Committees (https://cam.cgov.pt/) II. Analysis of Compliance with the Corporate Governance code implemented The following table shows the recommendations set forth in the Corporate Governance Code of the IPCG and indicates EDPR’s compliance with it and the place in this report in which they are described in more detail. Also in order to comply with the best Corporate Governance recommendations, and according to the results of the reflection made by the Appointments and Remunerations Committee, the governance model that was adopted has been ensuring an effective performance and articulation of EDPR Governing Bodies and proved to be adequate to the Company’s governance structure without any constraints to the performance of its checks and balances system adopted to justify the changes made in the governance practices of EDPR. The explanation of the Corporate Governance Code of the IPCG recommendations that EDPR does not adopt or that the Company deems not applicable, reasoning and other relevant comments as well as reference to the part of the report where the description may be found, are in the table below. In this context, EDPR states that it has adopted the Corporate Governance recommendations on the governance of listed companies provided in the Corporate Governance Code of the IPCG, with the exceptions indicated in the following table.

Annual Report 2022 Corporate Governance 069 CORPORATE GOVERNANCE RECOMMENDATIONS - STATEMENT OF COMPLIANCE CHAPTER I - GENERAL PROVISIONS 1.1. Company’s relationship with investors and disclosure I.1.1 The Company should establish mechanisms to ensure the timely disclosure of information to its governing bodies, shareholders, investors and other stakeholders, financial analysts, and to the markets in general. Adopted Section B - II, a) Topic 15 Section C) -III, Topic 55 Section C-IV, Topic 56 Section C-V, Topics 59 – 65 1.2. Diversity in the composition and functioning of the company’s governing bodies I.2.1 Companies should establish standards and requirements regarding the profile of new members of their governing bodies, which are suitable according to the roles to be carried out. Besides individual attributes (such as competence, independence, integrity, availability, and experience), these profiles should take into consideration general diversity requirements, with particular attention to gender diversity, which may contribute to a better performance of the governing body and to the balance of its composition. Adopted Section B-II, a) Topics 16 and 17 I.2.2 The company’s managing and supervisory boards, as well as their committees, should have internal regulations — namely regulating the performance of their duties, their Chairmanship, periodicity of meetings, their functioning and the duties of their members —, disclosed in full on the company’s website. Minutes of the meetings of each of these bodies should be drawn out. Adopted Section B-II, a) Topic 15 I.2.3 The composition and the number of annual meetings of the managing and supervisory bodies, as well as of their committees, should be disclosed on the company’s website Adopted Section B-II, a) Topic 15 Section B-II b), Topic 23 Section B-II, c) Topic 29 Section B – III, b) Topic 35 Section C-V, Topics 59 – 65

Annual Report 2022 Corporate Governance 070 CORPORATE GOVERNANCE RECOMMENDATIONS - STATEMENT OF COMPLIANCE I.2.4 A policy for the communication of irregularities (whistleblowing) should be adopted that guarantees the suitable means of communication and treatment of those irregularities, with the safeguarding of the confidentiality of the information transmitted and the identity of its provider, whenever such confidentiality is requested. Adopted Section C-II, Topic 49 1.3. Relationships between the company bodies I.3.1 The bylaws, or other equivalent means adopted by the company, should establish mechanisms that, within the limits of applicable laws, permanently ensure the members of the managing and supervisory boards are provided with access to all the information and company’s collaborators, in order to appraise the performance, current situation and perspectives for further developments of the company, namely including minutes, documents supporting decisions that have been taken, calls for meetings, and the archive of the meetings of the managing board, without impairing the access to any other documents or people that may be requested for information. Adopted Section B-II, a) Topic 15 I.3.2 Each of the company’s boards and committees should ensure the timely and suitable flow of information, especially regarding the respective calls for meetings and minutes, necessary for the exercise of the competences, determined by law and the bylaws, of each of the remaining boards and committees. Adopted Section B-II, a) Topic 15 Section B-II, c) Topic 29 1.4 conflicts of interest I.4.1 The members of the managing and supervisory boards and the internal committees are bounded, by internal regulation or equivalent, to inform the respective board or committee whenever there are facts that may constitute or give rise to a conflict between their interests and the company’s interest. Adopted Section B-II, a) Topic 18

Annual Report 2022 Corporate Governance 071 CORPORATE GOVERNANCE RECOMMENDATIONS - STATEMENT OF COMPLIANCE I.4.2 Procedures should be adopted to guarantee that the member in conflict does not interfere in the decision- making process, without prejudice to the duty to provide information and other clarifications that the board, the committee or their respective members may request. Adopted Section B-II, a) Topic 18 1.5. Related party transactions I.5.1 The managing body should disclose in the corporate governance report or by other means publicly available the internal procedure for verifying transactions with related parties. Adopted Section E-I, Topic 89 I.5.2 The managing body should report to the supervisory body the results of the internal procedure for verifying transactions with related parties, including the transactions under analysis, at least every six months. Not applicable This procedure is now regulated by law (art 249ºA, nº1 of the Código dos Valores Mobiliarios) and therefore the recommendation has been surpassed by the Portuguese Law in force. Should be noted that applicable law to EDPR to this extent is the Spanish Law. The procedure implemented by EDPR for the approval of Related Party Transactions is described in topic 89 of this Chapter 5 of the Annual Report. Section E-I, Topic 89 CHAPTER II – SHAREHOLDERS AND GENERAL MEETINGS II.1 The company should not set an excessively high number of shares to confer voting rights, and it should make its choice clear in the corporate governance report every time its choice entails a diversion from the general rule: that each share has a corresponding vote. Adopted As per the split of multiple-recommendations, should be clarified that the part of this recommendation corresponding to II.1.(2) shall be considered as not applicable as each EDPR share corresponds to one vote. Section B-I, b) Topics 12 and 13 II.2 The company should not adopt mechanisms that make decision making by its shareholders (resolutions) more difficult, specifically, by setting a quorum higher than that established by law. Adopted Please note EDPR’s personal law is the Spanish one, and as such, the majorities and quorums applicable for the Shareholders’ Meeting resolutions are not the ones set under Portuguese Law, but those established under the Spanish one, with which is completely aligned. Section B-I, b) Topic 14 II.3. The company should implement adequate means for the remote participation by shareholders in the general meeting, which should be proportionate to its size. Not adopted EDPR analyzed the needs and priorities of its shareholders worldwide, and therefore, since 2009, it is provided the possibility of fulfilling all the requirements necessary to validly exercise their right to vote by distance means (registry of intention to attend, submission of the certificate of titularity of shares, granting of representation proxies, and properly voting). The efficiency and interest of our Section B-I, b) Topic 13

Annual Report 2022 Corporate Governance 072 CORPORATE GOVERNANCE RECOMMENDATIONS - STATEMENT OF COMPLIANCE shareholders in these initiatives was clearly proved, as nearly almost all of the participation is exercised by these means. In the same way, EDPR reviewed the track record of participation in the Shareholders’ Meeting the day of its celebration (when generally all the votes are submitted beforehand by distance voting), the shareholding structure of the Company (under which a 75% is qualified shareholding held by EDP Energías de Portugal S.A and therefore the free float is only of 25%), and its shareholders’ profiles; concluding that the implementation of a streaming system to digitally participate will imply a material cost where the demonstrated preferences of almost all EDPR shareholders is to submit their votes by distance means. Notwithstanding the foregoing, EDPR has deeply analyzed the market trends during this year, and also with the aim of improving the compliance commitment with Corporate Governance recommendations, has been considering the possibility of providing this option to its shareholders. Considering that under Spanish law it is required to specifically regulate under the Company’s bylaws the option of celebrating telematic Shareholders’ Meetings, EDPR approved it in 2022, so that would be able to offer this option in the next meetings to be held thereinafter, being planned to offer to EDPR shareholders the option of a telematic participation in streaming at the General Shareholders’ Meeting to be held in 2023 (which is the first one in which EDPR will be legally able to offer it by its internal bylaws). II.4. The company should also implement adequate means for the exercise of remote voting, including by correspondence and electronic means. Adopted Section B-I, b) Topic 13 II.5. The bylaws, which specify the limitation of the number of votes that can be held or exercised by a sole shareholder, individually or in coordination with other shareholders, should equally provide that, at least every 5 years, the amendment or maintenance of this rule will be subject to a shareholder resolution — without increased quorum in comparison to the legally established — and in that resolution, all votes cast will be counted without observation of the imposed limits. Not applicable Section A-I, Topic 5 Section B-I, b) Topic 12 II.6. The company should not adopt mechanisms that imply payments or assumption of fees in the case of the transfer of control or the change in the composition of the managing body, and which are likely to harm the free transferability of shares and a shareholder assessment of the performance of the members of the managing body. Adopted Section A-I, Topic 4 Section D - IV, Topic 80 Section D - V, Topics 83- 84

Annual Report 2022 Corporate Governance 073 CORPORATE GOVERNANCE RECOMMENDATIONS - STATEMENT OF COMPLIANCE CHAPTER III – NON-EXECUTIVE MANAGEMENT, MONITORING AND SUPERVISION III.I Without prejudice to the legal powers of the chair of the managing body, if he or she is not independent, the independent directors should appoint a coordinator from amongst them, namely, to: (i) act, when necessary, as an interlocutor near the chair of the board of directors and other directors, (ii) make sure there are the necessary conditions and means to carry out their functions; and (iii) coordinate the independent directors in the assessment of the performance of the managing body, as established in recommendation V.1.1. Not applicable Since, April 12 th , 2021 EDPR has an independent Chairperson, António Gomes Mota. Section B-II, a) Topic 18 III.2 The number of non- executive members in the managing body, as well as the number of members of the supervisory body and the number of the members of the committee for financial matters should be suitable for the size of the company and the complexity of the risks intrinsic to its activity, but sufficient to ensure, with efficiency, the duties which they have been attributed. The formation of such suitability judgment should be included in the corporate governance report. Adopted As per the split of multiple-recommendations, should be clarified that the part of this recommendation corresponding to III.2.(3) is not applicable, as EDPR does not have a German Governance Model. Section B-II, a) Topic 18 III.3 In any case, the number of non-executive directors should be higher than the number of executive directors. Adopted Section B-II, a) Topic 18 III.4 Each company should include a number of non- executive directors that corresponds to no less than one third, but always plural, who satisfy the legal requirements of independence. For the purposes of this recommendation, an independent person is one who is not associated with any specific group of interest of the company, nor under any circumstance likely to affect his/her impartiality of analysis or decision, namely due to: i. having carried out functions in any of the company’s bodies for more than twelve years, either on a consecutive or nonconsecutive basis; Not applicable The independence criteria applicable to EDPR are those stablished under its personal law (Spanish law) that are materially equivalent to those identified in the IPCG Code. These criteria are the following: a) Not being employed or an executive director in the group, unless either 3 or 5 years respectively have elapsed; b) Not receiving from the company or company of the group, sum or benefit other than the remuneration of director, unless it is not material; c) Not being o have been during the last 3 years, a partner at the external auditors or responsible for the audit report, when the audit was carried out during said period in the listed company, or any other company in its group; d) Not being an executive director or senior management at other company where an executive director or senior management of the company is external director; Section B-II, a) Topic 18

Annual Report 2022 Corporate Governance 074 CORPORATE GOVERNANCE RECOMMENDATIONS - STATEMENT OF COMPLIANCE ii. having been a prior staff member of the company or of a company which is considered to be in a controlling or group relationship with the company in the last three years; iii. having, in the last three years, provided services or established a significant business relationship with the company or a company which is considered to be in a controlling or group relationship, either directly or as a shareholder, director, manager or officer of the legal person; iv. having been a beneficiary of remuneration paid by the company or by a company which is considered to be in a controlling or group relationship other than the remuneration resulting from the exercise of a director’s duties; v. having lived in a non-marital partnership or having been the spouse, relative or any first degree next of kin up to and including the third degree of collateral affinity of company directors or of natural persons who are direct or indirect holders of qualifying holdings, or vi. having been a qualified holder or representative of a shareholder of qualifying holding. e) Not maintaining or have maintained during the last year, a significant business relationship with the company or any company in its group, whether in their own name or as a significant shareholder, director or senior manager at an entity that maintains or has maintained said relationship; f) Not being a significant shareholder, executive director or senior management at an entity that receives or has received in the last 3 years, donations from the society or its group; g) Not being spouse or close relative of a similar nature or up to second degree kinship of who is executive director or senior manager at the company; h) Not having been proposed for appointment or renewal by the appointments committee; i) Not have been a director for a continuous period of more than 12 years; j) Not being a person that with regards to any significant shareholder or representative on the board, finds themselves in any of the scenarios detailed in aforementioned a), e), f) or g). In the case of the relationships detailed in point g), the limitation shall apply not just to the shareholder but also to their proprietary directors in the investee company III.5 The provisions of paragraph (i) of recommendation III.4 does not inhibit the qualification of a new director as independent if, between the termination of his/her functions in any of the company’s bodies and the new appointment, a period of 3 years has elapsed (cooling-off period). Not applicable The independence criteria applicable to EDPR are those stablished under its personal law (Spanish law). Section B-II, a) Topic 18 III.6 The supervisory body, in observance of the powers conferred to it by law, should assess and give its opinion on the strategic lines and the risk policy prior to its final approval by the management body. Adopted Section A -II, Topic 9 III.7 Companies should have specialised committees, separately or cumulatively, on matters related to corporate governance, appointments, and performance assessment. In the event that the remuneration committee provided for in article 399 of the Commercial Companies Code has been created and should this not be prohibited by law, this recommendation may be fulfilled by conferring Adopted Section B - II, a) Topic 15 Section B-II, c), Topics 27 and 29

Annual Report 2022 Corporate Governance 075 CORPORATE GOVERNANCE RECOMMENDATIONS - STATEMENT OF COMPLIANCE competence on such committee in the aforementioned matters. CHAPTER IV – EXECUTIVE MANAGEMENT IV.I The managing body should approve, by internal regulation or equivalent, the rules regarding the action of the executive directors applicable to their performance of executive functions in entities outside of the group. Adopted Section B-II, b) Topic 26 IV.2 The managing body should ensure that the company acts consistently with its objects and does not delegate powers, namely, in what regards; i)the definition of the strategy and main policies of the company; ii) the organization and coordination of the business structure; iii)matters that should be considered strategic in virtue of the amounts involved, the risk, or special characteristics. Adopted Section A -II, Topic 9 IV.3 In the annual report, the managing body explains in what terms the strategy and the main policies defined seek to ensure the long-term success of the company and which are the main contributions resulting therein for the community at large. Adopted Chapter 2.2. of the Management Report CHAPTER V – EVALUATION OF PERFORMANCE, REMUNERATION AND APPOINTMENT V.1 Evaluation of performance V.I.I The managing body should annually evaluate its performance as well as the performance of its committees and executive directors, taking into account the accomplishment of the company’s strategic plans and budget plans, the risk management, the internal functioning and the contribution of each member of the body to these objectives, as well as the relationship with the company’s other bodies and committees. Adopted Section A -II, Topic 9 Section B-II b), Topic 24 Section D – I Topic 66 Section D – III, Topic 71

Annual Report 2022 Corporate Governance 076 CORPORATE GOVERNANCE RECOMMENDATIONS - STATEMENT OF COMPLIANCE V.2 Remuneration V.2.I The company should create a remuneration committee, the composition of which should ensure its independence from the management, which may be the remuneration committee appointed under the terms of article 399 of the Commercial Companies Code. Adopted Section B - II, c) Topic 27 Section B- II, c) Topic 29 Section D - I, Topic 66 V.2.2 The remuneration should be set by the remuneration committee or the general meeting, on a proposal from that committee. Adopted Section D – I, Topic 66 Section D – III, Topic 69 V.2.3 For each term of office, the remuneration committee or the general meeting, on a proposal from that committee, should also approve the maximum amount of all compensations payable to any member of a board or committee of the company due to the respective termination of office. The said situation as well as the amounts should be disclosed in the corporate governance report or in the remuneration report. Adopted Section D – IV, Topic 80 V.2.4 In order to provide information or clarifications to shareholders, the chair or, in case of his/her impediment, another member of the remuneration committee should be present at the annual general meeting, as well as at any other, whenever the respective agenda includes a matter linked with the remuneration of the members of the company’s boards and committees or, if such presence has been requested by the shareholders. Adopted Section B-I, a) Topic 11 Section B-II, a) Topic 29 V.2.5 Within the company’s budgetary limitations, the remuneration committee should be able to decide, freely, on the hiring, by the company, of necessary or convenient consulting services to carry out the committee’s duties. Adopted Section D – II Topic 67

Annual Report 2022 Corporate Governance 077 CORPORATE GOVERNANCE RECOMMENDATIONS - STATEMENT OF COMPLIANCE V.2.6 The remuneration committee should ensure that those services are provided independently and that the respective providers do not provide other services to the company, or to others in controlling or group relationship, without the express authorization of the committee. Adopted Section D – II Topic 67 V.2.7 Taking into account the alignment of interests between the company and the executive directors, a part of their remuneration should be of a variable nature, reflecting the sustained performance of the company, and not stimulating the assumption of excessive risks. Adopted Section D – III, Topics 70 -72 V.2.8 A significant part of the variable component should be partially deferred in time, for a period of no less than three years, being necessarily connected to the confirmation of the sustainability of the performance, in the terms defined by a company’s internal regulation. Adopted Section D – III, Topic 72 V.2.9 When variable remuneration includes the allocation of options or other instruments directly or indirectly dependent on the value of shares, the start of the exercise period should be deferred in time for a period of no less than three years. Not applicable Section D – III, Topics 73 and 74 V.2.10 The remuneration of non- executive directors should not include components dependent on the performance of the company or on its value. Adopted Section D – III, Topic 69 Section D – IV, Topic 77 V.3 Appointments V.3.I The company should, in terms that it considers suitable, but in a demonstrable form, promote that proposals for the appointment of the members of the company’s governing bodies are accompanied by a justification in regard to the suitability of the profile, Adopted Section B-II, a) Topics 16, 17

Annual Report 2022 Corporate Governance 078 CORPORATE GOVERNANCE RECOMMENDATIONS - STATEMENT OF COMPLIANCE the skills and the curriculum vitae to the duties to be carried out. V.3.2 The overview and support to the appointment of members of senior management should be attributed to a nomination committee unless this is not justified by the company’s size. Adopted Section B- II, c) Topic 29 V.3.3 This nomination committee includes a majority of non- executive, independent members. Adopted Section B- II, c) Topic 29 V.3.4 The nomination committee should make its terms of reference available, and should foster, to the extent of its powers, transparent selection processes that include effective mechanisms of identification of potential candidates, and that those chosen for proposal are those who present a higher degree of merit, who are best suited to the demands of the functions to be carried out, and who will best promote, within the organisation, a suitable diversity, including gender diversity. Adopted Section B-II, a) Topics 16, 17 CHAPTER VI – INTERNAL CONTROL VI.I The managing body should debate and approve the Company’s strategic plan and risk policy, which should include the establishment of limits on risk- taking. Adopted . Section A -II, Topic 9 Section C) - III, Topic 52 VI.2 The supervisory board should be internally organised, implementing mechanisms and procedures of periodic control that seek to guarantee that risks which are effectively incurred by the company are consistent with the company’s objectives, as set by the managing body. Adopted Section B -III,b), Topic 35 Section C– II, Topic 52 VI.3 The internal control systems, comprising the functions of risk management, compliance, and internal audit should be structured in terms adequate to the size of the company and the complexity of the inherent risks Adopted Section B- II, c) Topic 29 Section B- III, Topic 30 Section B -III, b), Topic 35 Section C– III, Topics 50-55

Annual Report 2022 Corporate Governance 079 CORPORATE GOVERNANCE RECOMMENDATIONS - STATEMENT OF COMPLIANCE of the company’s activity. The supervisory body should evaluate them and, within its competence to supervise the effectiveness of this system, propose adjustments where they are deemed to be necessary. VI.4 The supervisory body should provide its view on the work plans and resources allocated to the services of the internal control system, including the risk management, compliance and internal audit functions, and may propose the adjustments deemed to be necessary. Adopted Section B- II, c) Topic 29 Section B – III, b) Topic 35 VI.5 The supervisory body should be the recipient of the reports prepared by the internal control services, including the risk management functions, compliance and internal audit, at least regarding matters related to the approval of accounts, the identification and resolution of conflicts of interest, and the detection of potential irregularities. Adopted Section B- II, c) Topic 29 Section B – III, b) Topic 35 VI.6 Based on its risk policy, the company should establish a risk management function, identifying (i) the main risks it is subject to in carrying out its activity; (ii) the probability of occurrence of those risks and their respective impact; (iii) the devices and measures to adopt towards their mitigation; and (iv) the monitoring procedures, aiming at their accompaniment. Adopted Section C) – III, Topics 52 – 55 Chapter 2 of this Annual Report VI.7 The company should establish procedures for the supervision, periodic evaluation, and adjustment of the internal control system, including an annual evaluation of the level of internal compliance and the performance of that system, as well as the perspectives for amendments of the risk structure previously defined. Adopted Section C) -III, Topics 52, 54, 55

Annual Report 2022 Corporate Governance 080 CORPORATE GOVERNANCE RECOMMENDATIONS - STATEMENT OF COMPLIANCE CHAPTER VII – FINANCIAL INFORMATION VII.1 Finantial information VII.1.1 The supervisory body’s internal regulation should impose the obligation to supervise the suitability of the preparation process and the disclosure of financial information by the managing body, including suitable accounting policies, estimates, judgments, relevant disclosure and its consistent application between financial years, in a duly documented and communicated form. Adopted Section B- II, Topic 29 Section B – III, b) Topic 35 VII.2 Statutory Auditor, Accounts and Supervision VII.2.1 By internal regulations, the supervisory body should define, according to the applicable legal regime, the monitoring procedures aimed at ensuring the independence of the statutory audit. Adopted Section B- II, c) Topic 29 Section B – III, c) Topics 37 and 38 Section B – IV-V, Topics 45, 46 and 47 VII.2.2 The supervisory body should be the main interlocutor of the statutory auditor in the company and the first recipient of the respective reports, having the powers, namely, to propose the respective remuneration and to ensure that adequate conditions for the provision of services are ensured within the company. Adopted Sections B – II, c) Topic 29 Section B – V, Topics 45, 46 VII.2.3 The supervisory body should annually assess the services provided by the statutory auditor, their independence and their suitability in carrying out their functions, and propose their dismissal or the termination of their service contract by the competent body when this is justified for due cause. Adopted Section B – II, c) Topic 29 Section B – III a), Topic 30 Section B – III, c) Topics 37 and 38 Section B- IV- V, Topic 45

Annual Report 2022 Corporate Governance 081 Curriculum vitae of the Board of Directors EDP Renováveis S.A. Full Name ANTÓNIO GOMES MOTA Position • Chairman of the Board of Directors - EDP Renováveis, S.A. • Chairman of the Appointments, Remunerations and Corporate Governance Committee - EDP Renováveis, S.A. Academic Qualifications • PhD in management – ISCTE, University Institute of Lisbon • MBA - Nova School of Business and Economics • Bachelor’s degree in management – ISCTE, University Institute of Lisbon Skills and Experience • Non-executive director and Chair of Nominations and Remuneration Committee - CIMPOR • Non-executive director as member of the Supervisory Board and Chair of the Audit Committee - EDP • Non-executive director as Chair of the Audit Committee and then as Chairman of the Board – CTT • Dean - ISCTE Business School • He has been a consultant for large corporations in the areas of corporate restructuring and valuation, regulation, corporate governance and remuneration policies • President – Portuguese Institute of Corporate Governance • He is the author of several books in the areas of corporate finance, investments and risk management and a regular invited speaker at professional and industry conferences Current External Appointments • Full Professor of finance - ISCTE Business School • Chair of the Audit Committee - MYSTICINVEST HOLDING • Chair of the Remuneration Committee - PHAROL, SGPS

Annual Report 2022 Corporate Governance 082 Full Name MIGUEL STILWELL D’ANDRADE Position • Vice-Chairman of Board of Directors and CEO – EDP Renováveis, S.A. Academic Qualifications • MBA - MIT Sloan (2003) • MEng with Distinction - University of Strathclyde (1998) Skills and Experience • CEO – EDP Energias de Portugal S.A. (“EDP”) (current) • Interim CEO - EDP. (2020-2021) • CFO - EDP. (2018-2021) • Member of Executive Board of Directors - EDP (since 2012) • Member of Board of Directors – EDP - Energias do Brasil (2018-2020) • CEO - EDP Comercial – Comercialização de Energia, S.A and EDP Soluções Comerciais, S.A. (2012-2018) • CEO – EDP España, S.A.U (formerly Hidroelétrica del Cantábrico) (2012-2018) • CEO – Naturgás Energia Grupo (2012-2015) • Member of Board of Directors - E-Redes (2009-2012) • Member of Board of Directors – EDP Inovação, S.A. (2007 -2012) • Strategy, M&A and Corporate Development - EDP (2000-2001 and 2003-2009) • UBS Investment Bank (1998-2000) Current External Appointments • Member of the Executive Committee of WBCSD • Member of the General Board - AEM - Association of Listed Companies • Member of the Board of Governors – St. Julian’s School

Annual Report 2022 Corporate Governance 083 Full Name RUI MANUEL RODRIGUES LOPES TEIXEIRA Position • CFO – EDP Renováveis, S.A. Academic Qualifications • Advanced Management Programme – Harvard Business School (2013) • MBA – Nova University, Lisbon (2001) • Naval Architecture and Marine Engineering Graduate – Instituto Superior Técnico, Lisbon (1995) Skills and Experience • CFO – EDP Energias de Portugal S.A. (“EDP”) (current) • Member of Executive Board of Directors – Ocean Winds (current) • Member of Board of Directors – EDP - Energias do Brasil, S.A (current) • Member of Executive Board of Directors – EDP (since 2015) • CEO – EDP España S.A.U. (2018-2021) • CEO – EDP - Gestão da Produção de Energia, S.A. (2015-2020) • Member of Board of Directors – EDP Renováveis, S.A. (2008-2015) • Head of Corporate Planning and Control – EDP (2004-2007) • Consultant - McKinsey & Company (2001-2004) • Project Manager - Det Norske Veritas (1997-2001) • Gellweiler – Sociedade de Equipamentos Marítimos e Industriais, Lda (1996-1997) Current External Appointments • Board Member – OMIP SGPS, S.A. and OMEL • Strategic Board Member – ISEG MB

Annual Report 2022 Corporate Governance 084 Full Name VERA DE MORAIS PINTO PEREIRA CARNEIRO Current Position • Member of the Board of Directors - EDP Renováveis, S.A. Academic Qualifications • Executive Education Program – Harvard Business School (2021) • MBA - INSEAD Fontainebleau (2000) • Economics Degree and Post-Graduate Degree - Nova University, Lisbon (1996 and 1998) Skills and Experience • Member of Executive Board of Directors – EDP - Energias de Portugal S.A. (current) • CEO – EDP Comercial – Comercialização de Energia, S.A. (current) • CEO – Fundação EDP (current) • Member of Board of Directors – EDP Energias do Brasil, S.A. (current) • Member of Board of Directors – EDP España S.A.U. (current) • Executive Vice-President and General Director Portugal & Spain and Member of Executive Leadership Team Europe & Africa – Fox Networks Group (2014-2018) • Member of Board of Directors – Pulsa Media (2014-2018) • Head of TV Business Unit – MEO (2007-2014) • Head of TV Business Unit – TV Cabo – PT Multimédia (2003-2007) • Founder – Innovagency Consulting (2001-2003) • Mercer Management Consulting (today Oliver Wyman) (1996-1999) Current Main External Appointments • Board Member – Charge Up Europe • Board Member – Fundação Alfredo de Sousa • Board Member – Portuguese Institute of Corporate Governance

Annual Report 2022 Corporate Governance 085 Full Name ANA PAULA MARQUES Position • Member of Board of Directors - EDP Renováveis, S.A. Academic Qualifications • Executive Education Program – IMD in Lausanne and Harvard Business School (2009, 2008, 2005) • MBA – INSEAD (2002) • Degree in Economics – Faculdade de Economia do Porto (1991-1996) Skills and Experience • Member of Executive Board of Directors – EDP - Energias de Portugal S.A. (current) • CEO – EDP - Gestão da Produção de Energia, S.A. (current) • CEO – EDP España, S.A.U. (current) • CEO – EDP Labelec - Estudos, Desenvolvimento e Actividades Laboratoriais, S.A. (current) • Chairman of Board of Directors – EDP Inovação, S.A.(current) • Member of Board of Directors – EDP Energias do Brasil, S.A. (current) • Executive Vice-President – NOS (2019-2021) • Executive Board Member – NOS (2013-2019) • Non-Executive Board Member – SportTV (2016-2020) • President – APRITEL (Portuguese Association of Telecom Operators) (2011-2014) • Executive Board Member – Optimus (2010-2013) • Marketing and Sales Director (Mobile Residential Business Unit) and Brand Director – Optimus (2002-2008) • SMEs Business Unit Director – Optimus (1998-2001) • Marketing – Procter & Gamble (1996-1998) Current External Appointments • Board Member – Eurelectric • President of the Board – Elecpor • Member of the Executive Committee - AELEC • Board Member – ENERCLUB • Member of the Executive Committee - Enerclub (Club Español de la Energía) • Board Member – COTEC Portugal • Board Member – Portuguese Institute of Corporate Governance • Board Member – Porto Business School • Guest Professor – Faculdade de Economia do Porto & Porto Business School

Annual Report 2022 Corporate Governance 086 Full Name MIGUEL NUNO SIMÕES NUNES FERREIRA SETAS Position • Member of the Board of Directors - EDP Renováveis, S.A. Academic Qualifications • Executive Training – Harvard, Wharton, IESE, CEIBS (2019) • MBA – Nova University, Lisbon (1996) • Electrical and Computing Engineering Masters – Instituto Superior Técnico (1995) • Physics Engineering Degree – Instituto Superior Técnico (1993) Skills and Experience • Member of Executive Board of Directors – EDP - Energias de Portugal S.A. (“EDP”) (current) • Chairman of Board of Directors – EDP - Energias do Brasil, S.A. (current) • Chairman of Board of Directors – EDP Redes España (current) • Member of Board of Directors – EDP España, S.A.U. (current) • Member of Executive Board of Directors – EDP (since 2015) • CEO – EDP – Gestão da Produção de Energia, S.A. (2020-2021) • CEO – EDP Energias do Brasil, S.A. (2014-2021) • Vice-Chairman of Board of Directors – EDP - Energias do Brasil, S.A. (2008-2013) • Member of Executive Board of Directors – EDP Inovação, S.A. (2007-2008 and 2012-2014) • Member of Executive Board of Directors – EDP Comercial – Comercialização de Energia, S.A. (2007-2008) • Chief of Staff to the CEO – EDP - Energias de Portugal, S.A. (2006-2007) • Member of Board of Directores – Comboios de Portugal (2004-2006) • Strategic Marketing Director – Galp Energia (2001-2004) • Member of Executive Board of Directors – Lisboagás (2000-2001) • Member of Board of Directors – Setgás (1999-2001) • Corporate Director – GDP Gás de Portugal (1998) • McKinsey & Company (1995-1997) Current External Appointments • Vice-Chairman of the Board – BCSD Portugal • Independent Board Member of the Brazilian Petroleum and Gas Institute

Annual Report 2022 Corporate Governance 088 Full Name ACÁCIO PILOTO Position • Member of the Board of Directors - EDP Renováveis, S.A. • Chairman of the Audit, Control and Related-Party Transactions Committee - EDP Renováveis, S.A. Academic Qualifications • Trainee - International Division of Bayerische Hypoteken und Wechsel Bank • Professional education courses mostly in banking, financial and asset management - International Banking School, the Asset and Liability Management Program (Merrill Lynch International) and the INSEAD Executive Program (Fontainebleau) • Executive Program on Corporate Governance and Leadership of Boards - Nova SBE • Post- Graduate degree in European Community Competition Law - Max Planck Institut • Post-Graduation in Economic Law - Ludwig Maximilian University (Scholar Hanns Seidel Foundation, Munich) • Degree in Law - Lisbon University Skills and Experience • International Division - Banco Pinto e Sotto Mayor • International and Treasury Division - Banco Comercial Português • Head - BCP International Corporate Banking • Member of the Executive Committee - AF Investimentos SGPS • Chairman & CEO - AF Investimentos SGPS group companies: AF Investimentos, Fundos Mobiliários; AF Investimentos, Fundos Imobiliários; BPA Gestão de Patrimónios; BCP Investimentos International; AF Investimentos Internacional and Prime International • Member – BCP Group Investment Committee • Executive Board Member - BCP – Banco de Investimento, in charge of Investment Banking • Treasurer and Head of Capital Markets - Millennium BCP Group • Millennium BCP Chair - Group ALCO • CEO - Millennium Gestão de Ativos SGFIM • Chairman & CEO - Millennium SICAV, Luxembourg • Chairman & CEO - BII International, Luxembourg • Member of the Board of Directors and Member of the Audit Committee - INAPA IPG, S.A. • Member of the Supervisory Board and Chairman of the Risk Committee - Caixa Económica Montepio Geral. • Member of the Nominations and Remunerations Committee - EDP Renováveis, S.A. • Member of the Related-Party Transactions Committee - EDP Renováveis, S.A. Current External Appointments • Member of the General Board - Instituto Português de Corporate Governance (representing EDP Renováveis, S.A.)

Annual Report 2022 Corporate Governance 089 Full Name ALLAN KATZ Position • Member of the Board of Directors - EDP Renováveis, S.A. Academic Qualifications • JD - Washington College of Law at American University in Washington DC (1974) • Degree - UMKC (1969) Skills and Experience • National Director of the Public Policy practice group -firm of Akerman Senterfitt • Assistant Insurance Commissioner and Assistant State Treasurer - State of Florida • Legislative Counsel - Congressman Bill Gunter and David Obey • General Counsel - Commission on Administrative Review of the US House of Representatives • Member of the Board - Florida Municipal Energy Association • President - Brogan Museum of Art & Science in Tallahassee, Florida • Board member - Junior Museum of Natural History in Tallahassee, Florida City of Tallahassee Commissioner • First Chair - State Neurological Injury Compensation Association • Member - State Taxation and Budget Commission • City of Tallahassee Commissioner • Ambassador of the United States of America to the Republic of Portugal • Distinguished Professor - University of Missouri Kansas City • Board Member - International Relation Council of Kansas City Current External Appointments • Founder - the American Public Square • Executive Committee Chair of the Academic and Corporate Board - ISCTE Business School in Lisbon Portugal • Board Member - WW1 Commission Diplomatic Advisory Board • Creator - Katz, Jacobs and Associates LLC (KJA) • Frequent speaker and moderator on developments in Europe and on American Politics

Annual Report 2022 Corporate Governance 090 Full Name ROSA MARÍA GARCÍA Position • Member of the Board of Directors - EDP Renováveis, S.A. • Member of the Audit, Control, and Related Party Transactions Committee - EDP Renováveis, S.A. • Member of the Appointments, Remunerations and Corporate Governance Committee - EDP Renováveis, S.A. Academic Qualifications • Bachelor’s degree in Mathematics - Universidad Autónoma de Madrid Skills and Experience • She has more than thirty years of international experience in the fields of Information Technology, Energy, Infrastructure, and Manufacturing. The majority of her career was spent at Microsoft and at Siemens • Director of Corporate Strategy - Microsoft working at the company's headquarters in Redmond United States (1996-1999) • General Manager - Microsoft Worldwide Partner Group. She directed Microsoft's worldwide strategy for more than 640,000 independently owned-and-operated partner companies (1999-2002) • Executive Chair - Microsoft in Spain (2002-2008) • Consumer & Online Vice-President - Microsoft Western Europe (2008- 2011) • Executive Chair - Siemens in Spain (2011-2018) • Non-Executive Chair - Siemens Gamesa immediately after the merger of Siemens Wind Power and Gamesa (2017-2018) • She has more than ten years of experience as a Non-Executive Director of the Board for several IBEX companies including Banesto, Bolsas y Mercados Españoles, Acerinox and Bankinter. In every company, she has been either a member of the audit and control committee or of the nominations and remuneration committee • Non-Profit work: Member of the Board at the Asociación para el Progreso de la Dirección (2002-2019). President of the German Chamber of Commerce in Spain (2016-2018). Member of the Advisory Board for the Universidad Europea de Madrid and Vice-president of Consejo Social de la Universidad Carlos III de Madrid (2008-2018) • Awarded by AED (the most prestigious Spanish CEO association) as “Spanish CEO of the Year” • Awarded by the President of Germany the Cross of Merit, one of the highest civilian honor that can be granted in the country Current External Appointments • Member of the Board - Mapfre and Sener • Non-Executive Chair - Exolum

Annual Report 2022 Corporate Governance 091 Full Name JOSÉ MANUEL FÉLIX MORGADO Position • Member of the Board of Directors - EDP Renováveis S.A. • Member of the Audit, Control, and Related Party Transactions Committee - EDP Renováveis S.A. • Member of the Appointments and Remunerations Committee - EDP Renováveis, S.A. • Member of the ESG Committee - EDP Renováveis, SA Academic Qualifications • Postgraduate degree in Corporate Governance - Universidade de Lisboa – Law Department and the International Directors Programme – IDP Certification Corporate Governance at INSEAD in Fontainebleau • Degree in Business and Management - Universidade Católica Skills and Experience • Employed in the investment banking arm of Midland Bank and HSBC (1984) • Joined BCP Investimento in Lisbon as an investment banker and within Banco Comercial Português (1997-1999) • Member of the Board and Chief Financial Officer - Seguros e Pensões SGPS, and member of the board of the insurance companies of the group in Portugal and Mozambique as well as Chairman of the Board of Império Vida y Diversos, SA (2000-2005) • Vice President and Chief Financial Officer - ONI SGPS (2005-2007) • CEO - INAPA IPG SGPS (2007-2015) • Chairman - EUGROPA, European Paper Merchant Association in Brussels (2012-2015) • Board Member – REN - Redes Energéticas Nacionais SGPS (2011 – 2012) • Chairman of the Board - OZ Energia SA (2011-2015) • CEO - Banco Montepio (2015 – 2018) • Member of the Board - Associação Portuguesa de Bancos (2015 – 2018) Current External Appointments • Chairman of the Board – VERLINGUE - Corretores de Seguros • Member of the Board - NORFIN – SGOIC • Corporate Governance adviser of family-owned groups

Annual Report 2022 Corporate Governance 092 Full Name KAY McCALL Position • Member of the Board of Directors - EDP Renováveis, S. A. Academic Qualifications • Juris Doctor and Bachelor of Arts degrees - University of Houston • Certificates in Sustainable Energy Development (2020), ESG for Energy Companies (2021) and the Hydrogen Economy (2021) -University of Houston Skills and Experience • Senior energy industry executive - with broad expertise, including strategy, operational optimization, acquisitions, and governance; with more than a decade of experience in the renewable energy industry working in the conventional power, engineering and construction, and capital equipment manufacturing industries • President, CEO and Board Member - Noble Environmental Power, LLC (2010-2018), a wind energy company backed by private equity • Senior Vice President, General Counsel and Chief Compliance Officer - Noble Environmental Power, LLC (2008-2010) • Member of the leadership team entrusted with addressing global governance and compliance issues - General Electric Company Current External Appointments • Chairperson Board of Directors - Flexitallic Group • Chairperson Board of Directors – Renewable Energy Alliance Houston • Board member, Clean Energy Services LLC • Member of the Board of Advisors - University of Houston Bauer College of Business – Gutierrez Energy Management Institute • Guest lecturer - on topics of leadership in energy at Texas A&M University, Rice University, and the University of Houston

Annual Report 2022 Remuneration Report 096 Remuneration Report In compliance with both the Portuguese Securities Code, and the Spanish Companies Act, EDP Renováveis S.A. ("EDPR" or "Company") issues this Remuneration Report with the aim to provide a comprehensive view of the remuneration received by the members of its Governing Bodies, including all benefits, regardless of their form, attributed or due during the 2022 financial year. The Remuneration Policy of EDPR for 2022 was defined by its Appointments and Remunerations Committee, and presented to its Board of Director for its final approval at the Shareholders’ Meeting level. Approval procedure of the Remunerations Policy of the Board of Directors The definition of the proposal of the Remuneration Policy for the members of the Board of Directors of EDPR is incumbent on the Appointments and Remunerations Committee which is a delegated body of the Board of Directors, that in order to avoid any conflict of interest, is entirely composed by non- executive and independent members. Under such competences this Committee takes the responsibility for proposing to the Board of Directors the determination of the remuneration of the Executive Directors of the Company; the Remuneration Policy, the evaluation and compliance of the KPI’s (Key Performance Indicators); the annual and multi annual variable remuneration, and also proposes the remuneration of the Non-Executive Directors and members of the Board Committees. As such, this Committee prepares a proposal that defines the remuneration to be attributed to Directors, with the purpose that it reflects the performance of each of them, establishing for the Executive Directors a variable component which is consistent with the maximization of the Company's long term performance (variable annual and multi-annual remuneration for a three-year period), for the achievement of the most challenging objectives of the business plan, thereby guaranteeing the alignment of the performance of the governing bodies with the interests of the shareholders. The Board of Directors is responsible for the approval of the above-mentioned proposals except to the extent it concerns the Remuneration Policy which is approved by the General Shareholders’ Meeting as an independent item of the agenda. As a Company integrated in a multinational business group, EDPR aims to maintain a solid culture that ensures the management, monitoring, control and supervision of the risks that the Group, its shareholders, employees, customers and, in general, all its stakeholders face, including those arising from the remuneration systems it adopts. EDPR adopts the transversal remuneration practices applied in EDP group, consistent and based on common principles that comply with the regulations applicable in the jurisdictions where it operates. As such, the remuneration systems applied, including those applicable to the Executive Directors, are defined to promote a culture of merit and high performance that ensures that people and teams are recognized, encouraged and awarded on the basis of responsibility, availability, loyalty and competence placed at Group’s service, ensuring actions aligned with the long-term interests of shareholders and promoting sustainable initiatives. The proposal for remuneration policy of the Executive Directors also aimed at simplify, and provide transparency and clarity, favoring a complete understanding of the framework of principles and rules that constitute it, and which will be applied and evaluated by the Appointments and Remunerations Committee. Definition, revision and renewal of the Policy The definition of the Remuneration Policy of EDPR is submitted for approval by the General Meeting, on a proposal from the Board of Directors, based on the proposal presented by the Appointments and Remunerations Committee. Likewise, and in line with EDP Group corporate governance practices, EDPR has signed an Management Services Agreement with EDP under which the Company bears the cost for such services to some of the members of the Board of Directors (Executive and Non-Executive) to the extent their services are devoted to EDPR; and the Audit, Control and Related Party Transactions Committee (which is also entirely composed by non-executive and independent members) is involved in any revision and/or amendment of this agreement. The definition and possible proposals for revision of the Remuneration Policy by the Appointments and Remunerations Committee are based on the articulation of EDPR long- term objectives, measured according to its strategic plan at all times, in the conclusions of comparative remuneration studies with national listed companies and with foreign sectoral

Annual Report 2022 Remuneration Report 097 peers and on an articulation of principles with the remuneration plan of other employees of the Group. The Appointments and Remunerations Committee may hire the external consultants and support necessary for the performance of comparative remuneration studies within the framework of directors' remuneration policies, assessing their conditions of independence for the provision of the services that may be requested. Regulatory Framework and principles of the Remuneration Policy applied in 2022 EDPR is a Spanish Company listed in a regulated stock exchange in Portugal. The corporate organization of EDPR is subject to its personal law and to the extent possible, to the recommendations contained in the Corporate Governance Code of the Instituto Português de Corporate Governance (“IPCG”). As such, the Company intends to comply with both legal systems but always taking into account that its personal law is the Spanish one, and that in case of discrepancy, the aim is to adopt the law that entails more protectionism for its shareholders. The Remuneration Policy applied in 2022 (duly approved by its Shareholders’ Meeting) complies with Article 26 - C of the Securities Code (as amended by Law No. 99 A/2021 of 31 st December), with article 529 novodecies of the Spanish Companies Act, with the IPCG Corporate Governance Code adopted by EDPR and with the international good practices, being aligned and consistent with the remuneration policy and remuneration practices applied to all employees of the Group. Total remuneration, and the remuneration model in general, should be competitive, aligned with the practices of the international electricity sector and the renewables market, facilitating the attraction and retention of talent, and the commitment to the challenges and ambitions of the company. A. Remuneration structure and disclosure Pursuant to Article 26 of the Company’s Articles of Association the Directors shall be entitled to a remuneration which consists of a fixed amount to be determined annually by the General Shareholders’ Meeting for the whole Board of Directors. This article also establishes the possibility of the Directors of receiving attendance fees or being remunerated with Company shares, share options, or other securities granting the right to obtain shares or by means of share-indexed remuneration systems. In any case, the system chosen must be approved by the General Shareholders’ Meeting and comply with current legal provisions. The remuneration policy applicable for 2022 defines a structure with a fixed remuneration for all members of the Board of Directors, whereas for the Executive Directors defines a fixed and a variable remuneration, with an annual component, and a multi-annual component. The Non-Executive Directors only receive a fixed remuneration, which is calculated on the basis of their work exclusively as Directors or, if such is the case, considering their membership/chairmanship of the Appointments and Remunerations Committee, the Audit, Control and Related Party Transactions Committee and the Environmental, Social and Corporate Governance Committee. Except in the case of the Chairperson of the Board of Directors, the directors that are also members/chairperson of the Delegated Committees receive for these functions a complement to their fixed remuneration as members of the Board. As already indicated, EDPR has signed a Management Services Agreement with EDP, under which the Company bears the cost for such services to some of the members of the Board of Directors to the extent their services are devoted to EDPR. In 2022 these Directors were Miguel Stilwell d’Andrade and Rui Teixeira (Executive Directors), and Vera Pinto, Ana Paula Marques and Miguel Setas (non-Executive Directors). The total amount of the remunerations that the Company will pay to its Directors shall not exceed the amount determined by the General Shareholders’ Meeting. For these purposes, the General Shareholders' Meeting held on May 13 th , 2008 set a maximum annual amount for the Board of Directors for fixed remuneration of EUR 2,500,000; and at its meeting held on April 8 th , 2014 also resolved to establish a maximum annual amount for variable remuneration of EUR 1,000,000 for executive directors. For 2023 onwards, the maximum annual amount for fix and variable remuneration for the Board of Directors has been set in EUR 3,500,000 by the approval of the General Shareholders’ Meeting held on March 31 st, 2022. This amount results of the merge of the former EUR 2,500,000that was stablished for fix renumeration and the EUR 1,000,000 that was established for variable annual remuneration.

Annual Report 2022 Remuneration Report 098 I) Remuneration of EDPR Directors for their functions as Members of the Board This section includes the information regarding the remuneration received by EDPR Board members in 2022 for their functions at the Board of Directors. a) Fixed component – base remuneration Conditions The fixed remuneration of the members of the Board of Directors is aligned with the basic remuneration practiced by a number of companies comparable to EDPR, the national market and the international electricity sector; in terms of size, market capitalization, risk profile, relevance and geographical implementation, while also considering, at all times, the complexity of the functions performed, the remuneration conditions of its employees and the non-increase of the average market pay gap between workers and administrators. The Non-Executive Directors only receive a fixed remuneration, which is calculated on the basis of their work as Directors and if such is the case, a complement as Member or Chairperson of the Appointments and Remunerations Committee, the Audit, Control and Related Party Transactions Committee and/or the Environmental, Social and Corporate Governance Committee. Such amounts are cumulative, except for the Chairman of the Board of Directors who does not receive any complement derived from his role at any Committee. Figures 2022 Hereunder it is detailed the list of EDPR Directors that composed the Board during 2022, and the amounts paid by EDPR either (i) as remuneration to them or (ii) as fee to EDP under the Management Services Agreement for their services (not remuneration), for their functions performed at the Board of Directors level: FIXED COMPONENT DIRECTOR REMUNERATION FEES MANAGEMENT SERVICES AGREEMENT EDP-EDPR EXECUTIVE DIRECTORS Miguel Stilwell d’ Andrade - 384,000€* Rui Teixeira - 290,000€* NON-EXECUTIVE DIRECTORS António Mota 230,000€ Vera Pinto - 65,000€* Ana Paula Marques - 65,000€* Miguel Setas - 65,000€* Manuel Menéndez 65,000€ - Acácio Piloto (**) 65,000€ - Allan J.Katz (**) 65,000€ - Rosa García (**) 65,000€ - José Morgado (**) 65,000€ - Kay Mc Call (**) (***) 37,917€ - Joan Avalyn Dempsey (****) 2.446€ Sub- Total 595,363€ 869,000€ Total 1,464,363€ *These amounts correspond to the service fee paid by EDPR to EDP under the Management Services Agreement for the services rendered in 2022 by such director. In addition, EDPR pays to EDP a 5% of such service fee which is applied to the retirement savings plan for Executive Directors described in topic 76 of this Chapter 5 of the Annual Report. **These Directors also received remuneration for their participation in the Delegated Committees that is detailed at section A) II) of this Chapter 6 of the Annual Report. ***The remuneration reflected for this Director corresponds to 2022, provided that she was appointed by co-option on May 3 rd , 2022 (with effects June 1 st , 2022). **** Joan Avalyn Dempsey presented the resignation to her positions as Board Member with effects January 13 th , 2022, and therefore the amounts indicated in the table above reflect the remuneration accrued in 2022 until her resignation.

Annual Report 2022 Remuneration Report 099 b) Variable component Conditions The annual variable remuneration has the nature of incentive/performance premium linked to financial and non-financial objectives (linked to the Business Plan and budget) of short-term, evaluated annually, reflecting in the year under analysis and possible repercussion in the following years, being paid in cash. The amount of the annual performance premium shall be determined within three months of the approval of EDPR's accounts at the ordinary General Meeting in each year, by reference to the previous year/annual performance period. Variable annual and multi-annual remuneration will be a percentage of fixed annual component, with a superior weight for multiannual vs. annual component (120% vs. 80%). Thus, the value of the variable remuneration may range between 0% and 85% of the 80% in the case of the annual variable, and between 0% and 85% of the 120% in the case of the multi-annual variable. Such percentages are applied over the gross annual fixed remuneration. According to the Remuneration Policy approved by the General Shareholders’ Meeting, the maximum variable remuneration (annual and multi-annual) is applicable if all the KPI’s were achieved, and the performance evaluation is equal or above 110%. In line with corporate governance practices, the Remuneration Policy incorporates the deferral for a period of three years of the multi-annual variable remuneration, being the relevant payment conditioned to the lack of any wilful illicit action, known after the appraisal and which endangers the sustainable performance of the company. The key performance indicators (KPIs) used to determine the amounts of the annual and multi - annual variable remuneration for each year of the term are proposed by the Appointments, and Remunerations Committee with the aim of aligning them with the strategic pillars of the Company: growth, risk control and efficiency. The remuneration policy establishes that the indicators shall be set in accordance with 6 clusters: (i) Shareholders, (ii) People, (iii) Environment & Communities, (iv) Assets and Operations, (v) Innovation & Partners, and (vi) Clients; each of such clusters shall have at least one indicator. The KPIs considered for the variable remuneration paid in 2022 (as a result of the performance developed in 2021), as well as those to be considered in 2023 for the appraisal of the performance of year 2022, were the following: KEY PERFORMANCE INDICATOR CEO/CFO WEIGHT WEIGHT EDPR RESULTS Total Shareholder return 15% 100% TSR vs. Wind peers & PSI 20 100% 100% Shareholders 80% 60% Operatin Cash Flow (€ million) 10% 100% AR/Sell-down + Tax Equity (€ million) 10% 100% EBITDA+ sell down gains (€ million) 10% 100% Net Profit (€ million) 10% 100% Core Opex Adjusted (€ thousand/MW) 10% 100% Projects with FID (% of total ’19-’22 additions in BP) 10% 100% Clients 10% Renewable Capacity Built (in MW) 10% 100% Assets & Operations 10% Technical Energy Availability (%) 5% 100% Capex per MW (€ thousand) 5% 100% Environment & Commnunities 5% Certified MW % 5% 100% Innovation & part- ners 5% H&S frequency rate (employees + contractors) 5% 100% People 1 Management 10% People Management 10% 100% Remuneration Committee 5% 100% Appreciation remuneration committee 100% 100% 1 The policy has considered the labour conditions and the remuneration of the Company employees in order to define its terms, and in particular, has established this KPI, that includes the results of the Climate Survey launched to the employees in which the satisfaction level with the performance and applicable conditions is reflected.

Annual Report 2022 Remuneration Report 100 Figures 2022 The variable remuneration only applies to Executive Directors, and the evaluation of compliance with the indicators and related level of performance is appraised by the Appointments and Remunerations Committee, which in turn submits it to the Board of Directors for approval. • Variable Annual As of December 31 st 2022, the Executive Directors of EDPR were Miguel Stilwell d’Andrade and Rui Teixeira. As a result of the analysis of their performance, the following amounts were paid in 2022 by EDPR to EDP as management fee, for the variable annual component amounts accrued for their services provided in 2021: VARIABLE COMPONENT DIRECTOR FEES MANAGEMENT SERVICES AGREEMENT EDP-EDPR EXECUTIVE DIRECTORS Miguel Stilwell d’ Andrade 173,664.84€ Rui Teixeira 131,153.13€ Total 304,817.97€ • Variable multiannual The multiannual variable component (three years) applies to Executive Directors. As the current Executive Directors of EDPR (Miguel Stilwell d’ Andrade and Rui Teixeira) were appointed in 2021, no multiannual variable component was still paid to them for their functions performed at EDPR. Non-Monetary Benefits No non-monetary benefits are paid by EDPR to its Board Members, except for a company car for the Chairman of the Board of Directors, (whose total related cost for four years was borne and reported in 2021) and the retirement savings plan for Executive Directors referred in the following section. Retirement Savings Plan The retirement savings plan applicable to 2022, which is included within the Remuneration Policy applicable for 2022, was defined and proposed by the Appointments and Remunerations Committee to the Board of Directors for its submission to the General Shareholder’s Meeting. For the Executive Directors of EDPR (Miguel Stilwell d’ Andrade and Rui Teixeira) it was stablished in a 5% of the fixed fee under the Management Services Agreement. For the year 2022, EDPR paid a fee to EDP under the Management Services agreement of 19,200€ corresponding to the retirement saving plan of Miguel Stilwell d’ Andrade, and of 14,500€ corresponding to the retirement saving plan Rui Teixeira. II) Remuneration of EDPR Directors for their functions as Members of the Delegated Committees Conditions In line with Spanish Law and as specifically foreseen in Article 10 of the Company’s Articles of Association, the Board of Directors of EDPR is entitled to create delegated bodies. The Board of Directors of EDPR has set up three committees that are composed exclusively by non- executive and independent members: • Audit, Control and Related-Party Transactions Committee • Appointments and Remunerations Committee • Environmental, Social and Corporate Governance Committee Except in the case of the Chairperson of the Board of Directors, the directors that are also members/chairperson of the Delegated Committees receive for these functions a complement to their fixed remuneration as members of the Board.

Annual Report 2022 Remuneration Report 101 Figures 2022 – Audit, Control and Related Party Transactions Committee Below the list of members of the Audit, Control and Related Party Transactions Committee as of December 31 st 2022, and the amounts paid by EDPR as remuneration to them for the functions performed at this body in 2022: COMMITEE MEMBER POSITION REMUNERATION Acácio Piloto Chairperson 50,000€ Rosa García García Vocal 25,000€ José Félix Morgado Vocal 25,000€ Figures 2022 – Appointments and Remunerations Committee Below the list of members of the Appointments and Remunerations Committee as of December 31 st 2022, and the amounts paid by EDPR as remuneration to them for the functions performed at this body in 2022. As indicated at the beginning of this section, the Chairman of this Committee, António Gomes Mota, does not receive a complement to its remuneration as Chairperson of the Board for the functions performed at this Committee: COMMITEE MEMBER POSITION REMUNERATION António Gomes Mota Chairperson 0 Rosa García García Vocal 10,000€ José Félix Morgado Vocal 10,000€ Figures 2022 – Environmental, Social and Corporate Governance Committee Below the list of members of the Environmental, Social and Corporate Governance Committee as of December 31 st 2022, and the amounts paid by EDPR as remuneration to them for the functions performed at this body in 2022. This Committee was incorporated on October 25 th , 2022, and therefore the amounts indicated reflect the remuneration perceived for the services provided to this body since that date until year end. Likewise, as indicated at the beginning of this section, the Chairman of this Committee, António Gomes Mota, does not receive a complement to its remuneration as Chairperson of the Board for the functions performed at this Committee: COMMITEE MEMBER POSITION REMUNERATION António Gomes Mota Chairperson 0 Rosa García García Vocal 1,667 € José Félix Morgado Vocal 1,667 € Allan J.Katz Vocal 1,667 € Kay Mc Call Vocal 1,667 € B. Alignment of the application of the remuneration with the Remuneration Policy adopted. Contribution of the Remuneration Policy to the long-term performance of the Company and criteria taken into account. In 2022, the Board of Directors Remuneration Policy in place for this term was duly applied. As a summary of all the above breakdowns detailed, it is hereby provided a summary table including the total amounts paid by EDPR in 2022 either (i) as remuneration to them for Director functions at the Board level and Delegated Committees or (ii) as fee to EDP under the Management Services Agreement for their services (not remuneration): DIRECTOR (i) REMUNERATION (ii) FEES MANAGEMENT SERVICES AGREEMENT EDP-EDPR EXECUTIVE DIRECTORS FIXED COMPONENT ANNUAL VARIABLE COMPONENT RETIREMENT SAVINGS PLAN Miguel Stilwell d’Andrade - 384,000€* 173,664.84€ 19,200€ Rui Teixeira - 290,000€* 131,153.13€ 14,500€ NON - EXECUTIVE DIRECTORS António Mota 230,000€ Vera Pinto - 65.000€ Ana Paula Marques - 65,000€ Miguel Setas - 65,000€ Manuel Menéndez 65,000€ Acácio Piloto 120,000€ Allan J.Katz 66,667€ Rosa García 101,667€ José Morgado 101,667€ Kay Mc Call 39,583€ Joan Avalyn Dempsey 2,446€ Sub- Total 1 727,030€ 869,000€ 304,818€ 33,700€ Sub- Total 2 727,030€ 1,207,518€ Total 1.934.548€

Annual Report 2022 Remuneration Report 102 The total amount paid by EDPR in 2022 either (i) as remuneration and (ii) as fee to EDP under the Management Services Agreement, for the services performed by its Directors as members of its Board (including the retirement savings plan) was of 1,629,730€, which is below the maximum amount agreed by the Shareholders’ Meeting for 2022 (2,500,000€). Likewise, the total amounts that were paid as fee to EDP under the Management Services Agreement for the variable remuneration paid to the Executive Directors in 2022 was of 304,818€ which is also aligned with the maximum amount agreed by the General Shareholders’ Meeting for these purposes (1,000,000€). The remuneration policy adopted by EDPR for 2022 included key elements to enhance a Company’s management performance not only focused on short-term objectives, but also incorporate as part of its results the interests of the Company and of shareholders in the medium and long term. These elements are: (i) the definition of the indicators in accordance with the 6 clusters, (ii) the relative weight assigned to each KPIs to calculate annual and multiannual variable remuneration (iii) the relevance associated with the achievement of such KPIs (iv) the three-year term considered for determining the value of variable multi-annual component of the remuneration (v) the deferral in three years for the payment of the variable multi-annual as recommended by CMVM as a good corporate governance practices, as well as conditioning its payment to the fact of there has not been unlawful actions known after the performance evaluated that may jeopardize the sustainability of the company’s performance, (vi) the use of the qualitative criteria focused on a strategic and medium term perspective of the development of the Company, and (vii) the existence of a maximum limit for the variable remuneration. C. Performance of the company and remuneration average of the employees Please note that this data has been restated due to an improvement in the calculation methodology. D. Remuneration from other Group Companies The members of the Board of Directors as of end of December 2022 do not receive any payment from any company under EDPR control or subject to EDPR common control. E. Share-allocation and/or Stock Option Plans EDPR does not have any Share-Allocation and/or Stock Option Plans. F. Refund of a variable remuneration In line with corporate governance practices, the Remuneration Policy of EDPR incorporates the deferral for a period of three years of the multi-annual variable remuneration, being the relevant payment conditioned to the lack of any willful illicit action, known after the appraisal and which endangers the sustainable performance of the company. 16% 12% 36% 120% -3% -6% 2017 2018 2019 2020 2021 2022 Total shareholder return 106,181 107,031 111,780 109,224 111,740 115,905 2017 2018 2019 2020 2021 2022 Employee average remuneration (€)

Annual Report 2022 Remuneration Report 103 G. Compliance with the applicable Policy during 2022 The remuneration policy for 2022 was applied without exceptions since its approval. Other remunerations i) Remuneration of the Chairman of the General Shareholders’ Meeting Since 2021, EDPR decided to adopt the general practice followed under the personal law of the Company (Spanish one) that allows the Shareholders Meeting to be chaired by the Board of Directors Chairman. Therefore, there are no additional remunerations applies for the chairmanship of the General Shareholders’ Meeting, as it is performed by the Chairperson of the Board of Directors (António Gomes Mota). ii) External Auditor remuneration in 2022 for EDP Renováveis S.A. and subsidiaries According to the Spanish law, the External Auditor (“Auditor de Cuentas”) is appointed by the General Shareholders’ Meeting and corresponds to the statutory auditor body (“Revisor Oficial de Contas”) described on the Portuguese Law. As a result of a competitive process launched in 2017, and following the proposal of the Audit, Control and Related Party Transactions Committee to the Board of Directors, PricewaterhouseCoopers Auditores, S.L. was appointed as EDPR SA External Auditor by the Shareholder’s Meeting held on April 3 rd , 2018. PricewaterhouseCoopers Auditores, S.L., is a Spanish Company registered at the Spanish Official Register of Auditors under number S0242 with Tax Identification Number B-79031290. The renewal of PricewaterhouseCoopers Auditores, S.L. as External Auditor of EDPR SA for years 2021, 2022 and 2023 was approved by EDPR’s Shareholders Meeting on April 12 th , 2021, and the audit partner in charge of EDPR is Iñaki Goiriena. On July 2022, EDPR approved an internal regulation to rule the provision of services and relationship with the External Auditor, with regards to both audit and non-audit services to be hired, and the reporting and approval procedure to be applied. These regulations also establish the independence criteria to be considered. Figures 2022 SERVICE EUROPE NORTH AMERICA LATAM APAC TOTAL % Audit and statutory audit of accounts 1,603,000€ 1,795,000€ 368,000€ 994,000€ 4.760,000€ 94.67% Other non- audit services 218,000€ 12,000€ 38,000€ - 268,000€ 5.33% Total 1,821,000€ 1,807,000€ 406,000€ 994,000€ 5,028,000€ 100% The amount of other non-audit services in Europe includes among others, services that refer to the entire Group such as the review of the internal control system on financial reporting and review of the non-financial information related to sustainability included in EDPR Annual Report, which are invoiced to a European company. This amount also includes the limited review as of June 30 th , 2022 of the EDPR Consolidated Financial Statements and other reviews for Group consolidation purposes which are considered non-audit services according to the respective local regulation. Total amount for Europe includes 857.000 Euros of services provided by PricewaterhouseCoopers Auditores S.L. from which 676.000 Euros refer to audit services and 181.000 Euros refer to non-audit services.

The Members of the Board of Directors of the Company EDP Renováveis, S.A. DECLARE To the extent of our knowledge, the information referred to in paragraph 1 of Article 29-G of Decree-Law no. 486/99 of November 13, in sub-paragraph a) of paragraph 1 of Article 8 of the Royal Decree 1362/2007 of October 19 th , and other documents relating to the submission of annual accounts required by current regulations (including, among others, article 253 of the Spanish Companies’ Act and article 34 of the Spanish Commercial Code), have been prepared in accordance with applicable accounting standards and principles, reflecting a true, faithful and appropriate view of the equity, assets, liabilities, financial position and results of EDP Renováveis, S.A. and the management report fairly presents the business evolution, the performance, the business results and the position of EDP Renováveis, S.A., containing a description of the principal risks and uncertainties that it faces. That the Individual Annual Financial Statements and the Individual Management Report submitted were drawn up by the Board of Directors following the single electronic reporting format requirements set under the Commission Delegated Regulation (EU) 2019/815 of December 17 th , 2018, at its’ meeting held on February 27 th , 2023. Madrid, February 27 th , 2023. Antonio Sarmento Gomes Mota Chairman Miguel Stilwell de Andrade Vice Chairman Rui Manuel Rodrigues Lopes Teixeira Director Vera de Morais Pinto Pereira Carneiro Director Ana Paula Garrido de Pina Marques Director Miguel Nuno Simões Nunes Ferreira Setas Director Manuel Menéndez Menéndez Director Acácio Jaime Liberado Mota Piloto Director Allan J. Katz Director Rosa María García García Director José Manuel Félix Morgado Director Cynthia Kay Mc Call Director