EDP-Energias

Major Shareholding Notification • Nov 11, 2025

Investors & Analysts' Briefing

Reuters: EDP.LS Bloomberg: EDP PL

EDP informs about notification received regarding Canada Pension Plan Investment Board

Lisbon, November 11th, 2025: Pursuant to the terms and for the purposes of the Portuguese Securities Code, EDP, S.A. ("EDP") is providing the following information to the market:

Following the previous announcement issued on 10 November 2025, EDP was notified today of the information regarding Canada Pension Plan Investment Board enclosed in annex hereto.

EDP. S.A.

Investor Relations Department

phone +351 21 001 2834 ir@edp.com

ANNOUNCEMENT

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, SOUTH AFRICA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT INFORMATION AT THE END OF THE ANNOUNCEMENT.

Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Any offer to acquire Shares pursuant to the proposed Placing will be made, and any investor should make his investment decision solely on the basis of EDP, S.A.'s publicly available information.

CANADA PENSION PLAN INVESTMENT BOARD ("CPPIB"), a corporation registered in Canada and having its registered address at One Queen Street East, Toronto, Ontario, Canada, announces that it has successfully completed the sale, by way of a private placement via an accelerated bookbuild addressed exclusively to qualified institutional investors (the "Placing"), of 218,488,895 shares (the "Shares") representing approximately 5.2% of the share capital of EDP, S.A. ("EDP"), in accordance with the previous announcement issued on 10 November 2025.

The Placing's total gross proceeds reached approximately €814,745,089 corresponding to a price of €3.729 per Share.

Settlement of the Placing shall occur on 13 November 2025.

Goldman Sachs & Co. LLC ("Goldman Sachs") acted as sole bookrunner of the Placing.

11 November 2025

CANADA PENSION PLAN INVESTMENT BOARD

IMPORTANT INFORMATION

This announcement and the information contained herein are for information purposes only and do not constitute or form part of any offer or solicitation to purchase or subscribe for securities in any jurisdiction and in particular the United States, Canada, Australia or Japan or in any other jurisdiction in which such an offer or solicitation is unlawful or would require preparation of any prospectus or other offer documentation or would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Any failure to comply with these restrictions may constitute a violation of the securities laws of such jurisdictions.

There will be no public offering of Shares in the United States, any member state of the EEA, the United Kingdom or elsewhere. Members of the public are not eligible to take part in the Placing.

This announcement and any offer of securities to which it relates are only directed at persons who (1) in any member state of the European Economic Area are "qualified investors" within the meaning of the Prospectus Regulation (Regulation 2017/1129) ("Qualified Investors"); (2) in the UK are "qualified investors" within the meaning of Article 2(e) of the Prospectus Regulation as it forms part of assimilated law by virtue of the European Union (Withdrawal) Act, as amended who are also (a) "investment professionals" falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order"); or (b) persons falling within Article 49(2)(a) to (e) of the Order; or (c) are persons to whom an offer of Shares may otherwise be lawfully communicated (all such persons together being referred to as "relevant persons"). Any investment or investment activity in connection with this announcement will be available to, and will only be engaged with, Qualified Investors in the EEA or relevant persons in the United Kingdom. The information regarding the Placing set out in this announcement must not be acted on or relied on by persons who are not Qualified Investors in the EEA or relevant persons in the United Kingdom.

The Shares have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended ("Securities Act") and, absent registration, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

The distribution of this announcement and the offering or sale of the Shares in certain jurisdictions may be restricted by law. No action has been taken by CPPIB and Goldman Sachs or any of their respective affiliates that would, or which is intended to, permit a public offer of the Shares in any jurisdiction or possession or distribution of this announcement or any other offering or publicity material relating to the Shares in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required by CPPIB and Goldman Sachs to inform themselves about and to observe any such restrictions.

Goldman Sachs is only acting for CPPIB in connection with the Placing, and no one else, and will not be responsible to anyone other than to CPPIB for providing the protections offered to clients of Goldman Sachs, nor will Goldman Sachs nor any of its affiliates be responsible for providing advice in relation to the Placing or the contents of this announcement. Goldman Sachs and/or its affiliates may participate in the Placing on a proprietary basis.

No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by CPPIB and Goldman Sachs or by any of their respective affiliates or agents as to or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.

No prospectus or offering document has been or will be prepared in connection with the Placing. Any investment decision must be made solely on the basis of publicly available information which has not been independently verified by CPPIB and Goldman Sachs, or any of their respective affiliate or agents. Neither the content of the EDP's website nor any website accessible by hyperlinks on the EDP's website is incorporated in, or forms part of, this announcement.

The price of the Shares and the income from them may go down as well as up and investors may not get back the full amount invested on disposal of the Shares. Past performance is no guide to

future performance and persons who require advice should consult an independent financial
adviser.