Engie Brasil Ene Sa S/Adr

I am Adriana Wagner. I would like to make a few announcements before we start the video conference. At this moment, those connected are in listener mode only. Later, when we open the Q&A session, participants will be able to send them through the Zoom Q&A option. I would also like to remind you that this video conference is being recorded. We made it available on our website, www.engie.com.br, Investidores, and the earnings and financial statements and other documents filed at CVM. where analysis of financial statements, operational results, ESG indicators and progress of implementation of new projects are disclosed in detail. And before proceeding, I would like to clarify that all statements that may be made during this video conference regarding the business outlook of the company should be treated as forecast regardless of the country's macroeconomics condition and of the performance and the regulation of the electric sector, in addition to other variables. Therefore, they may be changed. We would also like to remind that journalists who wish to ask questions can do so by email, sending them to the company's press office. The present Engie Brazil Energia's performance in the third quarter of 24, we have here Mr. Eduardo Capitanori, and it's my pleasure to invite him to start his presentation. Good morning, everyone. It is a pleasure to be here with you. I thank you for the interest in being here with us. There are over 120 people connected right now. So I'm going to move on directly to the highlights. I'm very happy to let you know that we won annuals bid. We purchased lot one with a 780 kilometers length to be implemented. And this is a very strategic connecting lines that we already operate with in the state of Paraná, also in the state of Santa Catarina where our headquarters is located. Another relevant event was that during the third quarter 24, 50 wind turbines at Serra do Asuara wind complex began its early commercial operation, and we already have the equivalent of 27% of the projects totally installed right now. We have unfavorable hydrology this far, and this anticipation is very much welcome. The third highlight is that on October 24, we had the first plant of the ASUSO photovoltaic complex operating. It is all operational. We already have 50 megawatts out of the total of 755 available. In the next slide, we have the 12 issuance of debentures worth 2 billion BRLs, which is part of what we're doing to be able to comply with our CAPEX for 24. Other highlights, the awards. Any Effect Transparency Trophy was awarded to the company for the 14th time. We are acknowledged as having excellent financial statements of practices. We're also awarded by the Melhores e Maiores magazine ranking as the best energy company in the country. This will be made available in our website.

Passing to the quantitative part,

Moving on to the highlights, our adjusted ETRA had a negative variation, as you can see on the left-hand side, in the order of 7%, going from 1.707 billion to 1.65. We would like to highlight three main elements in the segment of generation and trading. also the transmission segment with 16 million BRLs. But the main impact here was the lower participation of TAG. I would like to remind you that in the beginning of the year, we recycled our capital and reduced our participation in TAG so that this, in fact, led to to significant impact in the first quarter. It was part of the funding for the CAPEX we need for the year. But when we evaluate for the accumulated, we went to 6.8 billion BRLs. We went from 5.4 to 6.8. You can also see in the gray part our increase. When we analyzed the adjusted net income, we had a more significant reduction of about 30% of our net profit. We went from 867 to 658 this quarter. of the lower ETDA contribution, but also 160 million additional in financial cuts with higher IPCA, and also because of the... which we will share with you later in this presentation, because we have a lower generation. We also pay less tax. From the accumulated point of view in the last nine months, the results are very similar. We had an increase from 2.5 to 3.3 billion BRLs, but we also have to take into account tax contribution in the first quarter. In the next slide, we can see the ESG indicators. We're very happy to show that our emissions have gone down, and they have gone dramatically since we started making our last thermoelectric plant.