Light Sa S/Adr

Good afternoon everyone and welcome to the webinar of results of the fourth quarter of 2020 at Light. My name is Rodrigo Villela, I am responsible for the RI and I will also be the host of this event. Today's event will be held in Portuguese and translated simultaneously into English. To do so, just select the language desired on the interpretation button located at the bottom of the screen. So, for our non-Portuguese speaker audience, this event has been simultaneously translated to English. So, please click the preferred language by clicking the button interpretation, which is located at the bottom of the screen. Bem, voltando agora para o português, a apresentação e comentários dos resultados serão realizados pelo diretor de Finanças e de Relações com Investidores, Roberto Barroso. Conosco também está o nosso CEO, Nonato Castro, que se junta a nós nesse evento pela primeira vez, e também o Firmino Sampaio, presidente do Conselho de Administração. A apresentação que será realizada já está disponível para download no nosso site de RI, mas também será possível acompanhá-la aqui pelo próprio Zoom. I would like to remind you that at this moment all participants are connected only as listeners. After the end of the presentations, in the Q&A session, I will detail the instructions for those who wish to ask questions. and this webinar is being recorded and its audio will be available on the DRI website. And as usual, we have here our disclaimer. We clarify that any statements that are made during this presentation, relating to the company's business prospects, projections and operational and financial goals, are based on beliefs and premises of the Light Board, as well as on information currently available to the company. Future considerations are not guarantees of performance and involve risks, uncertainties and premises. These refer to future events and, therefore, depend on circumstances that may or may not occur. Investors must understand that general economic conditions, industry conditions and other operational factors can affect the company's future results and can lead to results that materially differ from those expressed in such future considerations. Well, having made the proper legal warnings, I would now like to pass the word to Nonato Castro.

Nonato, please. Good afternoon everyone.

I am Nonato Castro, I am the current president of Light. We started the work here, I was in Rio since October, but I was affected by Covid, I passed... more than approximately 15 days hospitalized, and we took over here in December only. I want to tell you that I am an electrician engineer, I started my career in the energy sector in Coelba in 1986, we spent 10 years in Coelba, I was also a professor and then a director of education at the IFE, the Federal Institute in Petrolina, in parallel with the work I did at Coelba. Then I went to Equatorial, and at Equatorial I had the opportunity to work in São Luís, in the former Semar, today Equatorial Maranhão, then in Pará two years, and finally in Piauí, in the old CEPISA, also for two years. In Pará it was six years. In São Luís, also approximately six years. And in Piauí, two years working there in Piauí. We have experience in the energy area, but it is logical that all the result, all the construction of management and results in the electricity sector or in any company is linked to the team, the team. So we had the opportunity to bring professionals, mainly in one of the problems, a big problem of the company, which is losses, who experienced and with great experience in the area of combating energy waste. They are already working, we are training people, enabling them to develop in the best possible way the capacity acquired during years of work. They are people with field experience who are doing training to change this methodology of combating losses, which I understand is a specificity of the sector that requires knowledge and a differentiated specialization. It is this work that we are implementing here When we reached the like, obviously, we also found professionals, qualified, committed people, and that are totally within this new project that we are establishing. We are currently with the Falcone training. The Falcone Foundation is here with us, the management model, the definition of the goals. all this training of subsidies for the generation of action plans, follow-up, all the structure of management with the support of a company recognized worldwide, which is the Falcone Foundation. And we see, for example, from what we have already experienced, life experience, professional experience, que temos a possibilidade de fazer uma transformação na atuação no Rio de Janeiro by the experience we have, by the learning. We understand that it is a differentiated complexity, I have no doubt, the population has knowledge, but we understand that with the professionals we meet, with the will and motivation of all of us, with the training and training of professionals who already have knowledge in one of the areas that most compromise the result of our company, which is losses, we can build a new moment and rescue it. From the moment that we are going to do and work together with the more complex areas, and we are going to do a differentiated work. And for that, we have a very large approach in our management model with all the important entities of a state of importance in Rio de Janeiro. And where we go, for example, contact with the public ministry, with the public defense, with... the Governor, Cláudio Castro, with the Mayor Eduardo Paes, we have already had a meeting with all of them and we are going to make a project with the participation of several important institutions of the State. This is how we believe and it is a project of transformation, of support also to the communities that have a huge absence of public power. This work that we are doing, structuring, training, it is obvious that this pandemic affected everyone in the country, companies have even changed their way of working a little, videoconferencing, this is also a little difficult, by the absence of people, but that technology also allows us to overcome this difficulty and make the implementation of this new management model happen as quickly as possible. And we have this thing of believing that our concession has enormous potential. There is a possibility, yes, and we believe. If we didn't believe, we wouldn't be here, we wouldn't accept this challenge. which is important, but mainly because we have already learned that in all places, in all companies, from Acre to the Northeast, to any state in Brazil, any company, you will find good professionals and committed professionals. I believe in people. e eu acredito ainda mais na capacitação das pessoas, na capacidade das pessoas em transformar, na capacidade das pessoas em construir. Eu acredito nas pessoas e é por isso que eu acredito nesse projeto. Sabemos da imensa dificuldade, sabemos do tamanho do desafio, mas profissionais com conhecimento with experience, with experience, together with a team of the company that also wants, anxious to transform, to grow professionally, that our goals will be achieved in due time, that learning, technology, training, appear in the work, in the activities, so that we can achieve the desired results. So, we believe in this project because of the team, because of the people. They are the people who transform. This is the truth in any situation, in life and in companies.