Companhia Paranaense De Energia · BMFBOVESPA:CPLE3
Companhia Paranaense De Energia — Energy Co of Parana — Q4 2022 Earnings Presentation
35 slides from Companhia Paranaense De Energia's earnings presentation, Mar 27, 2023
Slide 1: Results 4Q22
Slide 2: Listings and indexes
CPLE @e ee ist LATIBEX B3 LISTED N2 “©? nyse Suamsex ISEB3 NYSE XCOP bs sree IBOVESPAB3 e8o (ite secs. IGPTWB3 FISEAGood Saas — Eypy| do Brasil 1C02B3 [Of
Slide 3: Executive photo
Slide 4: Graphic account note
[1] Graphic account: regulatory tool in which the differences, positive or negative, related to the price of gas are registered and accumulated, between the prices contained in the supply tariffs applied to the monthly billing of consumers, for the provision of the distribution service, and those bi
Slide 5: Net operating revenue and operational costs and expenses
In 2022, net operating revenue totaled R$21,927.7 million, a decrease of 8.6% compared to the R$23,984.3 million recorded in 2021, with emphasis on the following variations: (i) reduction of R$2,138.9 million (-35.3%) in revenue from electricity sales to distributors; (ii) decrease of R$593.9 millio
Slide 6: Results by segment 2017-2022
8,245 7,611 2017 2018 2019 2020 2021 2022 15 Geraci e Transmisséo sm Distibuicso m Others
Slide 7: Total operating costs and expenses 2022
In 2022, total operating costs and expenses reached R$19,490.1 million, an amount 3.1% higher than the R$18,904.6 million recorded in 2021, highlighting: (i) the positive effect of R$1,570.5 million in the 2021 result recorded in the “other costs and expenses” line, referring to the renegotiation of
Slide 8: Debt
1.7 Debt Copel's total consolidated debt amounted to R$12,454.2 million on December 31, 2022, a variation of 5.3% in relation to the amount recorded on December 31, 2021, of R$11,826.1 million. At the end of 4Q22, the Company's gross debt represented 58.9% of consolidated shareholders' equity, which
Slide 9: Adjusted Net Debt/EBITDA Adjusted
Adjusted Net Debt/EBITDA Adjusted
Slide 10: Debt Indexers
Debt Indexers Average cost: 9.67%
Slide 11: Amortization - R$ million
Amortization - R$ million RESULTS | 4Q22 7
Slide 12: Weighted Average Cost and Average term to maturity
Weighted Average Cost and Average term to maturity
Slide 13: Investment Policy
2. Investment 2.1 Investment Policy In March 2021, the Board of Directors approved the Company's Investment Policy. Said Policy was the object of analysis and approval by the Investment and Innovation Committee, which was established by the new Bylaws of March 11, 2021, whose main purpose is to impr
Slide 14: Generation
3.2.1 Generation Copel's generating portfolio is made up of 94% of renewable sources, such as hydro and wind power.
Slide 15: Hydro and Wind Generation
3.2.2 Hydro and Wind Generation The power generation of Copel Geração e Transmissão S.A. and its wind farms in 2022 was 24,723 GWh, against 17,053 GWh in 2021. This growth is mainly due to the increase in hydro generation. Copel's wind farms suffered a reduction in generation, due to the effects of
Slide 16: Thermal Generation
3.2.3 Thermal Generation TPP Araucária In 2022, UTE Araucária generated 238 GWh, compared to 2,195 GWh in 2021, due to the improvement in hydrological conditions in 2022. In this sense, in 4Q22 there was no dispatch from the plant. TPP Figueira After the modernization process, TPP Figueira entered i
Slide 17: Average Monthly PLD (South Submarket)
Source: CCEE Average Monthly PLD (South Submarket) - R$/MWh
Slide 18: Transmission
Source: CCEE 3.3 Transmission Copel has more than 9,600 km of transmission lines in nine Brazilian states, considering its own assets and in partnership with other companies. In addition to building, maintaining and operating an extensive own energy transmission grid, Copel provides services to proj
Slide 19: Transmission RAP notes
Note: Economic component: future values based on the 2022-2023 cycle (last ANEEL Resolution REH published) Financial component: values published in REH 2847/21. Subject to review during the current cycle in view of the controversy in the methodology used to calculate these values by the regulatory a
Slide 20: Results 4Q22
RESULTS | 4Q22 15
Slide 21: Operational Performance
4.2 Operational Performance 4.2.1 Grid Market (TUSD) Copel Distribuição's grid market, made up of the captive market, supply to concessionaires and licensees within the State of Paraná and all the free customers existing in its concession area, showed a reduction in electricity consumption of 0.5% i
Slide 22: Economic-financial management efficiency criterion
The economic-financial management efficiency criterion will be measured by the calculation, each calendar year, according to ANEEL Normative Resolution No. 896/2020, by the following inequation:
Slide 23: Total Losses
Total Losses 7.80% 2017 2018 2019 2020 2021 3022 reat enes Power Gd ereguatry evel
Slide 24: Results 4Q22
RESULTS | 4Q22 20
Slide 25: Customers/Contracts
Costumers/Contracts A2.8%
Slide 26: GWh sold
GWh sold cooeailt 1%
Slide 27: Results 4Q22
RESULTS | 4Q22 22
Slide 28: Ratings, Rankings, and Indexes
6.4 Ratings, Rankings, and Indexes Index Ranking Reference Year:
Slide 29: Carbon Disclosure Program (CDP)
CARBON DISCLOSURE PROGRAM (CDP) Classification B 2022
Slide 30: ICO2 B3
ICO2B3
Slide 31: CDP disclosure insight action
Wcpp DISCLOSURE INSIGHT ACTION
Slide 32: List of Exhibit
Slide 33: Resources (average MW)
RESOURCES (average MW) 2762.359787 2612.988076 2553.959565 2019.829565 2003.972151 2202.35869 2146.386831 1612.256831 1611.585617 2022 2023 2024 2025 2026 mOwn Resources Get m Own Resources SPP and Wind Farm —_m Purchases
Slide 34: Comments
Comments: 1- Excluding losses and internal consumption. 2- Considering the GFs of wind SPEs constant for all periods. 3- Considering the Sales of wind SPEs constant for all periods. 4- Considering energy purchases in each period. 5 - Prices updated according to the contractual readjustment index, fr
Slide 35: Energy Flow Consolidated 2022
ENERGY FLOW CONSOLIDATED 4922 ENERGY FLOW CONSOLIDATED 2022 cess 18 a Hy Ta cco: 12354 cease 18 + oa L] Schemes oo otk orgy cae eames inte Rapa cet ase ergy greens Mat trergySasceston Mecham, Cot bac Pome Tide hab Shr ar ma, (xceotr of rth uta efronc tere les nd ene ated fom COL * Other netgy purcha