Sustainability Report ENEVA 2020

The update cycle for our strategic plan has a multidisciplinary analytical scope, considering internal projections and external sources of sectorial relevance, including information from Empresa de Pesquisa Energética (EPE) provided in the Ten-Year Expansion Plan, also updated annually. According to the latest document, with a 2030 vision, following a sharp drop in 2020 the economy and energy demand should start to recover as early as 2021, while maintaining an average increase of 2.9% and 3.0% per year, respectively, considering the reference scenario (2030). In this context, over the next ten years, the EPE foresees the need for investment in the energy sector of around R$2.7 trillion, of which R$2.3 trillion should be attributed to oil, natural gas, and biofuels, and R$365 billion would go towards to centralized generation, distributed generation, and transmission of electric energy. These outlooks already consider the New Gas Market and the Modernization of the Electricity Sector scenarios and indicate that natural gas plays a key role in maintaining a renewable generation matrix, as it is the main fossil fuel to enable the expansion of clean energy generation in Brazil. This is because wind and solar generation are intermittent, that is, dependent on wind and sunlight, and therefore not dispatchable. Thus, natural gas has great relevance for the security of supply of the Brazilian energy system, acting as a safe input to be used in periods when renewable generation is unable to meet the demand for electricity. ABOUT LETTER FROM THIS REPORT MANAGEMENT ABOUT ENEVA FIGHTING COVID-19 SUSTAINABILITY REPORT [ENEVA 2020] INTELLECTUAL & ORGANIZATIONAL CAPITAL Ten-Year Expansion Plan, 2030 Empresa de Pesquisa Energética (EPE) https://www.epe.gov.br SOCIAL & MANUFACTURED HUMAN NATURAL CAPITAL CAPITAL RELATIONSHIP CAPITAL CAPITAL FINANCIAL CAPITAL APPENDICES GRI CONTENT INDEX SASB CONTENT INDEX PAGE 32

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