Equatorial S.a. · BMFBOVESPA:EQTL3

Equatorial — Q1 2026 Earnings Presentation

11 slides from Equatorial's earnings presentation, May 14, 2026

  1. Slide 1: 1Q26 Results Presentation

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  2. Slide 2: Disclaimer

    Disclaimer Disclaimer This presentation may contain forward-looking statements, which are subject to risks and uncertainties, as they were based on the expectations of the Company’s management and on available information. These prospects include statements concerning the Company’s current intension

  3. Slide 3: 1Q26 | Highlights

    RESULTS PRESENTATION 1Q26 | Highlights Financial Operational Adjusted EBITDA¹ Growth in Wire B Market R$ 2.9 billion (+11.3% vs 1Q25) 3.8% Investments Losses below regulatory levels R$ 2.6 billion (+12.2% vs 1Q25) 18% Early buyback of Class A and B Reduction in DEC across 5 out of 7 Preferred Stock

  4. Slide 4: Consolidated Financial Performance

    CONSOLIDATED FINANCIAL PERFORMANCE

  5. Slide 5: 1Q26 | Economic and Financial Performance

    RESULTS PRESENTATION Macro Index IPCA: 4.14% SELIC: 14.5% IGP-M: -1.82% 1Q26 | Economic and Financial Performance 12 months Adjusted Results R$ Million Debt R$ Billion +13.0% 4 432 40 352 +11.3% 3.2x 35 TERM AND AVERAGE COST 1,289 2,7x 3 1,121 254 30 2.6x 6,1 years | 13.74% a.a. 214 25 3,846 4,346 4

  6. Slide 6: Distribution

    DISTRIBUTION

  7. Slide 7: 1Q26 | Distribution

    RESULTS PRESENTATION Macro Index IPCA: 4.14% SELIC: 14.5% IGP-M: -1.82% 1Q26 | Distribution 12 months Operational Financial Gross Injected (1Q25 vs 1Q26) Adjusted Gross Margin R$ Million 18,171 +4.2% +13.5% 18,937 (+488) Wire B Market (1Q25 vs 1Q26) 4,088 3,600 108 64 51 71 -1 26 168 13,752 +3.8% 14

  8. Slide 8: Other Segments

    GRUPO equaterial OTHER SEGMENTS

  9. Slide 9: 1Q26 | Other Segments

    RESULTS PRESENTATION 1Q26 | Other Segments Sanitation Renováveis Renewables Adjusted EBITDA EBITDA - Echoenergia R$ Million R$ Million -7.3% +62.5% 159.1 147.4 AVERAGE WATER AND SEWAGE TARIFF 6.0 1Q25 1Q26 3.7 R$ 3.99 R$ 5.05 1Q25 1Q26 1Q25 1Q26 Constrained-off Impact since 2023 Water Coverage Index

  10. Slide 10: Q&A 1Q26

    GRUPO Q&A 1Q26

  11. Slide 11: ri@equatorialenergia.com.br

    ri@equatorialenergia.com.br

Equatorial — Q1 2026 Earnings Presentation on 6ix