DISCLAIMER
The material that follows is.a presentation of.generalbackground information about
Edenor os of the date of the presentotion. lt is information in summary form.
No representafion or warronfy, express or implied. is made concerning, and no relionce
should be placed on, the accuracy, fairness, or completeness of this information..
This. presemotion contains forward-looking information and statements, Forward-looking statements are statements thot are not historical facts These statements ore only predicticins based C›n our current
assumptions. expectations and projections about future events.
Forward-looking statements may be identified by the words "believe." "expect," "anticipate." "target." or similar expressions. While.Edenor's management believes thot ihe expectations rejected in such forward-looking..statements ore reasonable. investors ore.cautioned thot forward-looking information and statements ore subject to vcirious risks anduaertainties. mony of which ore difficult to predict and ore. generally beyond the control of Ederor. which could cause octuol results ond developments to diffôr moteridlÿ from those expressed in, or implied Ör projected by. the f.orward-boeing informcition Ônd statements,' Further. if Edenor's actual results ore is favorable than those shown in the projections or if the assumptions used in the projections prove"to. be incorrect, Edenor may not be able to moke dividend payments in the
.amount forecasted, or at all, Edenor undertakes ro obligation to publicly upocite its forward-looking sfciternents whether as ct result of new information. future events. or otherwise. nor rrokes any representation or v orrarily, expressed or implied..os to the:occurocy or c:ompIeteñëss of the. informolion cc›ntoined
ThiS preseñtotÓn does not constitute or f£›rm pcirt Óf. ÓnCI should not be construed any offÓr or invitotÓn to subscribe for, underwrite or otherwise mcguire. ony securitips of Edenor nar should it or ony part of it form the basis.of. or be ralied on in ccmnection yvilh, any contract to purchase or subscribe for any securities of Ederor. Persons who intend to purchase or subscribe for securities of Edenor in any potentia1 future. offering are:remindeÔ that any such purchose or subscription moy be rrode. œï.ely on the bosjs Öf the inforrrotion contair›ed
in the prospectus or off.ering circular in connection yvith sLch proposed offering, In particular, this presentation and the information contairod herein are rot on offer of securities for sole in the United.Stow The mcirket and competitive position data. including market forecasts. used thrcxJqhout this presentation was obtained from internal surveys, market resecirch, publicly available informcition andindustry publications. Although we hove ro reason to believe thot any of this informcition.or these reports ore Accurate in any motericil respect. we hove not independently verified the competitive position. market shore. market size. market growth or other dcito provided by third porties or by indusiry or other publicotions. Ederor does not make. any repr.eSentÖtion os to the. €x;c‹JrcIcy of sJch informcition
Largest electricity distribution company in Argentina
Argentina
Buenos Aires
3.34 Million
Clients
-20% 4.b37 KM°
Market Participation Concession Area
9.O Million
Population
42,375 KM
Distribution Network
1i.931
Workforce
5 Year Tariff Review Completed
Final Reports 5 - Year Tariff Review Public Hearing *
Resolutions Approving New Tariffs for Edenor/Edesur"
EOEftOR 5
Highlights • ToriNs Review Procass
319.2Y• nominal increase since February 2024
+47'• monthly overc›ge since August 2024 witha positive impact on EBITDA (ARS 223.339 M in 2Q25).
5 Year Tariff Review was completed (2025-2030):
/4.3SX increase: 3X in Wciy 2025. 0.4£S
from June 2025 to November 2O27
Plus, monthly inf/ation adjustment: 33% CP/
and b7fi lPllv
OCTOBER. 2025
EDENCR
Regulatory • CAMMESA Debt Regulorizotion (05-21-25)
Framework
AII outstanding balances to CAMMESA were included in 3 poyment plans (72/75 insfallments) in accordance with Decree )8ó/2025 and Provision No. )/2025:
Regu/orizofion of debt not included in exisfing poyment plans prior to November 30, 2024, in 72 insfa//menfs. with 12-manté grace period. interest rate of SO% of the MES. with Biannua/ review.
The plon whose insfa/Jmenfs were odjusted óosed on the energy price in WWf›, wos converted to pesos at the energy price applicable to October 2024, will on interest rate of 50% of the LEW, with the sarne conditions as the current plon (75 installments remoining os of Roy-25. with no groce period).
Positive impoct 2Q25: ARS 168.220 million.
The Regulotory Assef" cloim is pending
"Differences due to unirnp/ernented tonff odjustments.
EBITDA 1H 2025: ARS 289,385 M
34
25,030
37Ü
708
73ò
Depreciatian of praperty
+ Amc zation
Agreemcnt on the Reg Of Ob!ig
18.220
G During the second quarter of 2025. EBITDA of ARS 222.339 million was recorded, on improvement from the ARS 107.965 million recorded in the some period of the previous year.
A gain of APS fó8.220 million is inc/uded due to the posifive effecf of he regularization agreement will CA/ I/vtESA íor
the pending balances, The occumu/oted EBITOA wïthouf fhis effect is ARS 121. Ió5 lel.
Positlve impact was due to higher revenues asa resuÍf 5 Year Toriff Review inc/uding fhe odjusfmenf f3/P.2% as of
Februory ió. 20241.
À4onfh/y tonf/ adjusfments since August 2d2'4 I4À overage).
/ncreose in energy purchoses due to the reduction of subsidies. which estob/ished límits of 250 kw 'n /V3 anet 350 Irv ïn NO.
Invoice
Current composition of the invoice
Distribution represents 30% of tne average consumer invoice.
44% • 24O/‹
"" " t Generation Taxes
•' 2% 30%
Transport
Distribution
Solores lnvestmeos boxes Sewtes
Edenor does nof receive subsidies
from the Government
Investments
1992 - 2024. USD 4 7 BN
Despite challenging and variable business conditions, Edenor has consistently prioritized and sustained a stable investment program throughout the past decade.
42.375 KM
of network
83
Substations
30.109
MVA Installed
power
784'•
Ratio clients ederordigital
/Customer Base
3.563
Points of Telecontrol
3.167 347,049
TelesuperviSed Smart deters Points
2013 - 2024 Capex Executed by Edenor
USD 2.7 BN- AVERAGE USD 221 M PER YEAR
Note. Information deromiroted in APS and converted in USD considering the official FX
Service
Significant enhancement
Customer Satisfaction Annual Index: Ranked highesf among ofner public services
Actual Required
303
27.6
28.9
2A3
22
-72%
21. g
12,2
137
10.7
g 2 8'7
SAIDI
Average outage duration per customer (hours)
9.7
9,0 '
6.9
-6ó°/•
74
ó
ó0
4.1
^.
5.2 5.2 5.2
3¢ 3.4 3.5 3.I