EDP-Energias — M&A Activity 2018

Nov 15, 2018

Investors & Analysts' Briefing

Reuters: EDP.LS Bloomberg: EDP PL

EDP BRASIL WAS INFORMED OF THE NON-OCCURRENCE OF A MANDATORY TENDER FOR ITS MINORITIES' SHARES

Lisbon, November 15th , 2018: Pursuant to the terms and for the purposes of the article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council and of article 248-A of the Portuguese Securities code, EDP - Energias de Portugal, S.A. ("EDP") is providing the following information to the market:

EDP – Energias do Brasil, S.A. ("EDP Brazil"), 51% held by EDP, announced today that on November 14 was notified of the understanding of the Superintendence of Securities Registry ("SRE") of the Brazilian Securities and Exchange Commission ("CVM") in reply to its consultation on the occurrence of a mandatory tender offer for the acquisition of EDP Brazil minorities´ shares, in case of the implementation of the transaction by which China Three Gorges (Europe) S.A. intends to acquire the corporate control of EDP (as the preliminary announcement to the market on May 11, 2018).

According to the understanding of SRE, it is not applicable the occurrence of a mandatory tender offer for the acquisition of EDP Brazil minorities´ shares, in the abovementioned context. Pursuant to the Letter, B3 S.A. – Brasil, Bolsa, Balcão, also expressed its understanding for the non-occurrence of the mandatory tender offer.

EDP – Energias de Portugal. S.A.

Investor Relations Department Miguel Viana, Head of IR Sónia Pimpão Maria João Matias Sérgio Tavares Carolina Teixeira phone +351 21 001 2834 fax +351 21 001 2899 ir@edp.pt