Transmissora Aliança de Energia Elétrica (TAEE11) Investor Day 2025 summary

Strategic outlook, positioning, and growth opportunities

• Plays a critical role in Brazil's energy development, interconnecting all regions and supporting nearly 100 million people through 11 distribution concessionaires.

• Expansion through greenfield projects and M&A, with 44 concessions and a diversified regional presence across Brazil.

• Pipeline includes R$39 billion in new projects, with over 30 studies underway and upcoming auctions totaling over R$11 billion in investments.

• Ongoing implementation of 11 major projects, including Ananaí, Tangará, and SAÍRA, representing significant CAPEX and additional RAP.

• Participation in upcoming ANEEL auctions, targeting both quantitative and qualitative expansion, including digitalization and advanced equipment.

Innovation, digital transformation, and operational excellence

• Adoption of advanced monitoring, predictive maintenance, and automation, including drones, IoT sensors, and real-time analytics to enhance reliability and reduce costs.

• Launched Taesa Ventures, an open innovation program fostering partnerships with universities, startups, and research institutions, with 149 proposals received.

• Established a Center of Excellence in AI and hyperautomation, democratizing technology and fostering a culture of innovation.

• Pioneered the first 525 kV insulated underground cables in Latin America, enhancing reliability and environmental performance.

• Maintains transmission line availability above 99.8%, consistently outperforming sector averages.

Financial management, efficiency, and capital allocation

• Conservative financial strategy with incentivized bonds, disciplined OpEx and CapEx planning, and focus on maximizing shareholder returns.

• Distributed R$14 billion in dividends over the last decade while investing R$11 billion.

• Capital raising aligned with project timelines, using multi-annual planning and market windows for bond issuance.

• Dividend policy adjusted to regulatory changes, aiming for high payout ratios and timely distributions.

• Focuses on optimizing CapEx and OpEx through contingency planning, cost reduction, and operational restructuring.