EDF GROUP 2020 PRESENTATION 01 02 03 04 05 06 07 08 09 10 - PowerPoint PPT Presentation

EDF GROUP 2020 PRESENTATION

01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 EDF group – 2020 Presentation 16 17 PART 1 18 19 20 21 OUR STRATEGY, OUR ACTIONS 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39

01 02 03 - The outbreak of Covid-19 has 04 sparked an unprecedented health 05 and economic crisis around the 06 TO ENSURE 07 world. 08 - It is urgent to kickstart the 09 recovery and EDF is there to 10 OUR ENERGY 11 support all its residential 12 customers, business clients large - With 90% of its electricity 13 and small and local authorities to generation carbon-free, 14 FUTURE IS FAIR, facilitate the revival of economies representing an emissions 15 and society. We consider that, in EDF group – 2020 Presentation 16 intensity of 55 g of CO 2 /kWh, EDF times like these, solidarity is even 17 already produces five times less INNOVATIVE more closely connected with 18 CO 2 than the European average. 19 performance. This momentum will only increase 20 as we continue to undertake new EDF strongly believes that as a 21 AND result of this crisis, society will tangible commitments to achieve 22 have developed greater carbon neutrality by 2050. 23 24 expectations for equality, as well - True to the public service values SUSTAINABLE 25 as demand greater efforts in the that bind the company and its 26 fight against the climate 165,000 employees, EDF is more 27 breakdown and the extinction 28 than ever taking steps to ensure of biodiversity. 29 our energy future is fair, 30 The urgent need to get the innovative and sustainable. 31 economy back up and running - Be the energy for change. Energy 32 must not distract from the climate 33 that is increasingly carbon-free, emergency. 34 simple and efficient. 35 For the energy we will need in 36 a more energy efficient society, 37 electricity is the solution. 38 39

01 02 03 04 05 06 07 08 09 EXCEPTIONAL SUPPORTING 10 11 SUPPORT 12 13 OUR CUSTOMERS MEASURES 14 15 EDF group – 2020 Presentation 16 THROUGH THE Suspension of cut-offs, power 17 reductions and late payment 18 penalties for residential 19 20 customers COVID-19 CRISIS 21 22 Delayed bill payments for 23 SMEs eligible for the 24 25 Solidarity Response Fund put 26 in place by the French 27 government 28 o 80,000 o 6,000 o 200 29 30 Accelerated payment for 31 employees working from technicians in the field, solidarity advisors our SME suppliers 32 home to support to ensure continuity of equipment working alongside 33 our clients (individuals, maintenance services for our clients, social workers 34 businesses, local in particular healthcare to support our most 35 authorities) and roll out establishments, and energy services. vulnerable customers. 36 our support measures. Including 1,200 technicians from 37 our Dalkia subsidiary. 38 39

01 02 03 04 05 06 A PURPOSE 07 08 - “Build a net zero energy future 09 10 TO GUIDE EDF with electricity and innovative solutions 11 12 and services, 13 14 15 EDF group – 2020 Presentation 16 17 18 19 20 21 22 23 24 - to help save the planet 25 26 and drive wellbeing and 27 28 economic development” 29 30 31 32 33 34 35 36 37 38 39

01 02 03 04 05 06 07 08 M E S S AGE FROM J E AN- BE RNARD LÉ V Y 09 10 11 “This raison d’être , now included 12 13 in our articles of association, 14 15 EDF group – 2020 Presentation 16 summarises the EDF group’s 17 18 determination to rise to the dual 19 20 21 challenge of helping to bring about 22 23 the economic recovery while also 24 25 achieving France’s and Europe’s 26 27 28 ambition of carbon neutrality.” 29 30 31 Jean-Bernard Lévy 32 33 Cha i r m a n a nd Chi e f E x e c ut i v e O f f i c e r 34 35 36 37 38 39

01 02 03 GOING FURTHER Working to eliminate CO 2 04 by leveraging nuclear power 05 06 and renewables TO ACHIEVE CARBON 07 08 Stronger commitments: 09 NEUTRALITY BY 2050: > We have stepped up 10 11 our reduction target for EDF has joined the 12 direct CO 2 emissions “Business Ambition 13 by 2030 from 40 to 50% for 1.5 degrees” 14 (compared with 2017 coalition alongside 200 15 In 2019, EDF ramped up the development levels). EDF group – 2020 Presentation other companies 16 > For the first time, EDF of renewable energies in France and throughout 17 throughout the world. 18 has pledged to reduce its the world: Double wind and solar capacity under 19 indirect CO 2 emissions, in Working to achieve 20 construction, i.e. 4.4 GW. particular those related the “Science Based 21 to customer Targets initiative” 22 consumption. (SBTi) label , supported 23 by the UN Global 24 Compact. 25 26 A target to 27 90% double 28 29 An ambition to achieve 30 of electricity generated by the carbon neutrality 31 EDF group in 2019 was carbon free, renewable energy capacity by 32 by 2050. thanks to nuclear and hydropower. 2030 (compared with 2014 levels). 33 34 35 36 2019 2030 2050 37 38 39

01 02 03 04 05 06 07 08 IMPLEMENTING THE THREE CORE ANGLES FOR EDF 09 10 11 1. 12 OBJECTIVES OF THE Bolster the regulatory framework 13 14 to control existing nuclear facilities and protect 15 consumers against rising market prices beyond 2025. MULTI-YEAR ENERGY EDF group – 2020 Presentation 16 17 18 19 PROGRAMME 2. Optimise the Group’s structure in line 20 21 with the energy transition in France and protect its 22 financial rating. 23 Through the Multi-year Energy Programme, 24 25 published in April 2020, France has set itself 26 3. energy production targets for all channels for 2023 Prepare the case for building new 27 28 and 2028. The EDF group will play an active role in nuclear plants in France ready for when the 29 reaching these targets. 30 decision is taken in 2021. 31 32 33 34 35 36 37 38 39

01 02 THREE STRATEGIC PRIORITIES 03 04 05 PURSUED THROUGH CAP 2030 06 07 08 09 To be a responsible 10 11 and efficient electricity 12 Stepp 13 producer that 14 Facilitation champions low-carbon 15 the energy transition EDF group – 2020 Presentation 16 AROUND growth. 17 the world better 18 19 BE TH E EN ERG Y FO R CH A N G E 20 21 22 23 24 25 26 27 28 Serving almost 39 million customer With its high percentage of low- EDF is bolstering its position 29 sites worldwide requires EDF to carbon electricity, EDF is helping in the European market and 30 continually innovate and reinvent to drive the energy transition. The is expanding in Africa, South 31 itself in order to better meet their carbon intensity of its kilowatt hour America and Asia. 32 expectations. is very low at just 55 g of CO 2 /kWh 33 in 2019, which is among the best in 34 the world. 35 36 37 38 39

01 02 03 Mes Jours Zen 04 05 Electricity to suit all lifestyles. 06 07 08 Low carbon hydrogen, 09 a new market. 10 11 12 B e th e en erg y fo r c h an g e DREEV promoting 13 14 economical and participative 15 MEANS SUPPORTING electromobility. EDF group – 2020 Presentation 16 17 OUR CUSTOMERS 18 IZI by EDF , 19 an increasingly comprehensive 20 TO CONSUME LESS 21 service platform. 22 23 AND BETTER 24 25 26 27 A refreshed range 28 29 of packages and services 30 31 32 33 34 Stepping up solar 35 36 self-sufficiency 37 38 39

01 02 03 Specialists in energy 04 05 services and managing 06 heating and cooling 07 08 systems, Dalkia extends 09 80% of its contracts and 10 11 signs new ones: 12 B e th e en erg y fo r c h an g e > Urban heating networks for 13 Grande Île in Vaulx-en-Velin and 14 Villeurbanne for 15 and 1/2 years, 15 MEANS SUPPORTING EDF group – 2020 Presentation 16 > Energy performance contract 17 for 26 Safran facilities. OUR CUSTOMERS 18 19 20 Geographic expansion TO CONSUME LESS 21 with the acquisition of: 22 23 AND BETTER > Aegis Energy Services in the US, 24 > Breathe in the UK. 25 26 27 Growth in energy services 28 29 for local authorities Dalkia innovates with 30 31 a “broad spectrum” 32 biomass boiler for 33 34 the heating network 35 36 at Rouen-Bihorel 37 38 39

01 02 03 04 Electric Mobility Plan 05 Become the leading energy provider in 06 Europe for electric mobility by 2022: 07 • The leading electricity supplier in France, the UK, 08 Italy and Belgium, with the aim of reaching 30% 09 market share. 10 • The leading operator of electric charging points 11 in these countries. 12 B e th e en erg y fo r c h an g e • The leading provider of smart charging solutions 13 14 in Europe. 15 MEANS STEPPING UP EDF group – 2020 Presentation 16 Electricity Storage Plan 17 • By 2035, develop 10 GW of new storage capacity VERY LOW CARBON 18 throughout the world, representing investment 19 of € 8 billion. 20 • Double investment in R&D between 2018 and GENERATION BY 21 2020. 22 23 BUILDING ON FOUR 24 Solar Plan 25 • Become the leading provider of photovoltaic 26 CORE PLANS power in France, targeting the development 27 of approximately 1 GW per year on average 28 between 2020 and 2028 to reach 30% of 29 market share by 2035. 30 Deployment in line with the 31 32 Launching the Excell Plan for nuclear objectives pursued 33 power 34 • The aim is to strive for excellence to continue 35 to play an active role in decarbonising energy. 36 37 38 39