EDP-Energias — M&A Activity 2018

Apr 27, 2018

Investors & Analysts' Briefing

Reuters: EDP.LS Bloomberg: EDP PL

EDP BRASIL ANNOUNCES AUCTION'S RESULT REGARDING THE VOLUNTARY TENDER OFFER FOR THE ACQUISITION OF PREFERRED SHARES IN CELESC

Lisbon, April 27 th , 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. ("EDPB"), 51% held by EDP, announced the result of the Tender Offer's Auction for the acquisition of preferred shares in Centrais Elétricas De Santa Catarina S.A. – CELESC ("CELESC").

EDPB acquired 1,990,013 preferred shares issued by CELESC, at the price of R\$ 27.00 each, totaling the amount of R\$ 53.7 million (c.€13 million at the current exchange rate).

After the settlement of the purchases carried out in the Auction, which will take place on May 2nd, 2018, EDPB will hold 2,427,820 preferred shares, that in conjunction with 5,140,868 ordinary shares, both issued by CELESC and held by EDPB, are equivalent to 19.62% of the total share capital of CELESC.

EDPB will inform the market about any developments regarding the Tender Offer.

EDP – Energias de Portugal, S.A.

Investor Relations Department Miguel Viana, Head of IR Sónia Pimpão João Machado Maria João Matias Sérgio Tavares

Noélia Rocha phone +351 21 001 2834 fax +351 21 001 2899 ir@edp.pt