Transmissora Aliança de Energia Elétrica (TAEE11) investor relations material

Proven growth and operational scale

• Expanded to 44 concessions across all regions of Brazil, with 15,300 km of transmission lines and 6 operational bases.

• Achieved R$15.1 billion in CapEx and R$16.0 billion in dividends and interest on equity since inception.

• RAP (Annual Permitted Revenue) reached R$4.4 billion for the 2025-2026 cycle.

• Maintained 99.95% line availability YTD and an 87.8% EBITDA margin as of 1Q26.

Investment strategy and sector dynamics

• Operates in a stable, regulated sector with inflation-protected, long-term contracted revenues and no demand risk.

• Significant value creation through greenfield and brownfield investments, efficiency, and innovation.

• R$1.3 billion in RAP captured between 2020 and 1Q26, with R$333 million more contracted for future operations.

• Ongoing projects and reinforcements drive record CapEx for 2025 and 1Q26.

Financial performance and shareholder returns

• Regulatory net revenues and EBITDA have shown consistent growth, with EBITDA margin above 83% since 2016.

• Net debt increased to R$12.8 billion in 1Q26, with a 5.75% average cost and 5.4-year average term.

• Dividend payout based on regulatory net income, with 91% payout in 2024 and 100% in 2025.

• Dividend yields have remained attractive, ranging from 6.1% to 14% over the past decade.