Companhia Energetica De Minas Gerais Sa · BMFBOVESPA:CMIG3
Companhia Energetica De Minas Gerais Sa — Energy Co of Minas Gerais — Q2 2024 Earnings Presentation
22 slides from Companhia Energetica De Minas Gerais Sa's earnings presentation, Oct 10, 2024
Slide 1: Cemig 2Q24 results video conference
n = Transtogning ives with ouP ereygy Video conference w Gu cMIGa CIG CIG.C =~ epee hee Nive 3 Qs cy a a August20(Tuesday), en PANEL? NYSE NYSE ° 9:30 AM (Brasilia time) IBRX100 B3 IEE B3 ISE B3 1CO2 B3 ink — CEMIG — WEBCAST
Slide 2: Consolidated Ebitda and net profit
Consolidated Ebitda Consolidated net pr +26.2%{} +2.0%{} 435.79} 6.6% {), 2371 1879 * 1878 1,916 ese a2as 1 1214 1,134 2023 2024 20232024 2023 2024 2023 2024 IFRS Ta TFRS Recurring Ebitda by segment (IFRS) Generation 237 533 Transmission Trading 178 4 ‘Distribution 4,32 - Gas MSCI ‘ OUR ENERGY Leade
Slide 3: Highlights
HIGHLIGHTS Robust cash generation: Adjusted Ebitda: R$ 1.92 billion Ebitda: R$ 2.37 billion vs R$ 1.88 billion in 223 (+2.0%) R$ 1.13 billion (-6.6% YoY) Adjusted net profit: Cemig D (Distribution): * Outage duration indicator (DEC) 9.19 hours, within regulatory limit (9.64 hr) + Tariffincrease: Ave
Slide 4: COMPANHIA ENERGÉTICA DE MINAS GERAIS S.A. 5
COMPANHIA ENERGÉTICA DE MINAS GERAIS S.A. 5
Slide 5: Energy sales by segment, %
| Energy sales by segment, % 2Q24 2Q23 m Residential a industrial = Commerce and services Rural Other
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COMPANHIA ENERGÉTICA DE MINAS GERAIS S.A. 8
Slide 7: COMPANHIA ENERGÉTICA DE MINAS GERAIS S.A. 9
COMPANHIA ENERGÉTICA DE MINAS GERAIS S.A. 9
Slide 8: Combating default
Combating default The Company has kept its collection activity at a high level, keeping its Receivables Recovery Index high: in June 2024 it was 98.21% . New payment channels, and online negotiation, have helped to increase the proportion of collection via digital channels (PIX instant payments, aut
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COMPANHIA ENERGÉTICA DE MINAS GERAIS S.A. 13
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COMPANHIA ENERGÉTICA DE MINAS GERAIS S.A. 14
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COMPANHIA ENERGÉTICA DE MINAS GERAIS S.A. 16
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COMPANHIA ENERGÉTICA DE MINAS GERAIS S.A. 19
Slide 13: Finance income and expenses
Finance income and expenses 2Q24 2Q23 Change % (R$ ’000) Finance income 725,474 512,131 41.7% Finance expenses –607,355 –472,321 28.6% Net finance income (expenses) 118,119 39,810 196.7% For 2Q24 the Company posed consolidated net financial revenue, of R$ 118.1 million, compared to net financial rev
Slide 14: COMPANHIA ENERGÉTICA DE MINAS GERAIS S.A. 29
COMPANHIA ENERGÉTICA DE MINAS GERAIS S.A. 29
Slide 15: In 2Q24 Cemig D amortized debt
In 2Q24 Cemig D amortized debt of R$ 135 million . In March Cemig D concluded a R$ 2 billion issue of “ESG” debentures (proceeds to be used for sustainable purposes) – for which demand was 2.73 times the offering – in two series: (1) for R$ 400 million, paying the CDI rate plus 0.80% p.a., maturing
Slide 16: Debt, by indexor / Gross debt, by company
| Debt, by indexor | Gross debt, by company mIPCA aCemig D er =Cemig GT = Other = US dollar (*) * Debt in USD is protected by a hedge instrument, within an FX ‘band, and with interest converted to % of the Brazilian CDI rate.
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COMPANHIA ENERGÉTICA DE MINAS GERAIS S.A. 31
Slide 18: Credit ratings
SS Brazilian Scale Global Scale Investment Grade 2008 FitchRatings &POOR'S [ Moos =
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COMPANHIA ENERGÉTICA DE MINAS GERAIS S.A. 34
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COMPANHIA ENERGÉTICA DE MINAS GERAIS S.A. 48
Slide 22: Index
Index 2. Notice to Shareholders dated August 13, 2024 – Declaration of Dividends Index
Energy Co of Minas Gerais — Q2 2024 Earnings Presentation on 6ix