EDP-Energias — AGM Information 2021

Apr 12, 2021

Investors & Analysts' Briefing

Reuters: EDPR.LS Bloomberg: EDPR PL

EDP Renováveis Annual Shareholders' Meeting

Madrid, April 12th, 2021: EDP Renováveis, S.A. ("EDPR") informs that at the Annual General Shareholders' Meeting held today, Shareholders have adopted the following resolutions:

1) Approval of the individual annual accounts of EDP Renováveis, S.A., as well as those consolidated with its subsidiaries, for the fiscal year ended on December 31st, 2020.

2) Approval of the proposed application of results for the fiscal year ended on December 31st, 2020, as well as of the distribution of dividends.

• - Profit for the year 2020……………€1,388,573,084.60
• - Legal Reserve…………………….……. €138,857,308.46
• - To Voluntary Reserve…………….. €1,179,931,123.18
• - To Dividends………………………....... €69,784,652.96

Approval of the proposal of the Board of Directors, with the favourable opinion of the Audit, Control and Related Parties Committee, for the distribution of a gross dividend of an overall amount of €69,784,653 that is satisfied against the result of the fiscal year, that will be divided equally among the shares with right to receive it at the payment date.

3) Approval of the Individual Management Report of EDP Renováveis, S.A., the Consolidated Management Report with its subsidiaries, and its Corporate Governance Report, for the fiscal year ended on December 31st, 2020.

4) Approval of the Non – Financial Statement of the Consolidated Group of EDP Renováveis, S.A., for the fiscal year ended on December 31st, 2020.

5) Approval of the management and performance by the Board of Directors and its Executive Committee during the fiscal year ended on December 31st, 2020, as well as ratify the confidence placed in its members.

6) Approval of the proposed re-election and appointment of Directors.

Re-elect for the term of three years as set in the Articles of Association:

• - Mr. Miguel Stilwell de Andrade as Executive Director
• - Mr. Rui Manuel Rodrigues Lopes Teixeira as Executive Director
• - Mrs. Vera de Morais Pinto Pereira Carneiro as Dominical Director
• - Mrs. Ana Paula Garrido de Pina Marques as Dominical Director
• - Mr. Manuel Menéndez Menéndez as External Director
• - Mr. Acácio Liberado Mota Piloto as Independent Director
• - Mr. Allan J. Katz as Independent Director
• - Mrs. Joan Avalyn Dempsey as Independent Director

Investor Relations Department

André Fernandes, Head of IR

Pia Domecq Celia de Cominges Duarte Andrada

Tel. +34 902 830 700 Fax +34 914 238 429 ir@edpr.com www.edpr.com

Investors & Analysts' Briefing

Reuters: EDPR.LS Bloomberg: EDPR PL Appoint for the term of three years as set in the Articles of Association:

• - Mr. António Sarmento Gomes Mota as Independent Director
• - Mr. Miguel Nuno Simões Nunes Ferreira Setas as Dominical Director
• - Mrs. Rosa María García García as Independent Director
• - Mr. José Manuel Félix Morgado as Independent Director

7) Approval of the Remuneration Policy of the Management of EDP Renováveis, S.A.

8) Approval of the re-election, as External Auditor of EDP Renováveis, S.A. for the years 2021, 2022 and 2023, of PricewaterhouseCoopers Auditores, S.L., registered at the Official Register of Auditors under number S0242 and with Tax Identification Number B-79031290.

9) Approval of the share capital increase by means of cash contributions and exclusion of the pre-emptive subscription right for a nominal amount of €441,250,000 by issuing and listing 88,250,000 new ordinary shares with €5 of nominal value per share and a share premium of €12 per share, resulting in an aggregate issue price of €17 per share and cash contributions of €1,500,250,000. Prevision of incomplete subscription. Delegation of authorities for the execution of the share capital increase, the amendment of the Company's by-laws and the application for the listing of the new shares on Euronext Lisbon.

10) Approval of a complementary distribution in favour of the shareholders with a charge to unrestricted reserves of up to €7,060,000.

11) Approval of the delegation of powers for the formalization and implementation of all resolutions adopted at the General Shareholders' Meeting, for the execution of any relevant public deed and for its interpretation, correction, addition or development in order to obtain the appropriate registrations.

EDP Renováveis, S.A.

Investor Relations Department

André Fernandes, Head of IR

Pia Domecq Celia de Cominges Duarte Andrada

Tel. +34 902 830 700 Fax +34 914 238 429 ir@edpr.com www.edpr.com