The presentation - 10 November 2021 (PDF - 504 KB)

SALES & HIGHLIGHTS

9 MONTHS 2021

DISCLAIMER

This presentation is for information purposes only and does not constitute an offer or solicitation to sell or buy instruments, part of the company or the assets described here, in the US or any other country.

This presentation contains forward-looking statements or information. While EDF believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions at the time they were made, these assumptions are fundamentally uncertain and imply a certain amount of risk and uncertainty which is beyond the control of EDF. As a result, EDF cannot guarantee that these assumptions will materialise. Future events and real financial and other outcomes may differ materially from the assumptions used in these forward-looking statements, including, and not limited to, potential timing differences and the completion of transactions described therein.

Risks and uncertainties (notably linked to the economic, financial, competition, regulatory and climate backdrop) may include changes in economic and business trends, regulations, as well as those described or identified in the publicly-available documents filed by EDF with the French financial markets authority (AMF), including those presented in Section 2.2 "Risks to which the Group is exposed" of the EDF Universal Registration Document (URD) filed with the AMF on 15 March 2021 (under number D.21-0121), which may be consulted on the AMF website at www.amf-france.orgor on the EDF website at www.edf.fras well as the interim financial report as of end-June 2021, which is also available on the EDF website. The quarterly financial information is not subject to an auditor's report.

EDF does not undertake nor does it have any obligation to update forward-looking information contained in this presentation to reflect any unexpected events or circumstances arising after the date of this presentation.

9M 2021 SALES

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9 MONTHS 2021 SALES &

HIGHLIGHTS

Xavier Girre

Group Senior Executive VP- Finance

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9 MONTHS 2021 KEY FIGURES & HIGHLIGHTS

In €m	9M 2020	9M 2021	∆%	∆% Org.(1)
Sales	48,849	57,060	+16.8	+15.7

➢ Better nuclear output in France +27TWh vs 9M 2020	+€1.4bn
➢	Positive price effects mainly in France (TURPE indexation and capacity)	+€0.8bn
➢	Other effects with limited margin impact:
	▪	Significant rise in gas prices and volumes	+€2.8bn
	▪	Resale of purchase obligations at higher prices in France	+€1.1bn

1. Organic change at comparable scope, standards and exchange rates.

9M 2021 SALES

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Q3 HIGHLIGHTS (1/3)

NUCLEAR

EDF, a key player of the "France 2030" & "France

Relance" plans:

• "France 2030": €1bn dedicated to the nuclear industry innovation, including Small Modular Reactor and waste management
• "France Relance": creation of the "Fonds France Nucléaire", the investment fund dedicated to the French nuclear industry, subscribed at 50-50 by EDF and the French State

NEW NUCLEAR

EPR 2 reactor project: break preclusion approach considered acceptable by the ASN (1). Safety standards now stabilised and shared with the ASN

New nuclear programme in Poland: non-bindingpreliminary offer aiming at supplying Engineering, Procurement and Construction activities for 4 to 6 EPR reactors (6.6 to 9.9GW)

Flamanville 3 (2 ): ASN: no objection to carry on with EDF solution (retainer clamp) to repair the 3 nozzles on the main primary circuit (2)

1. Autorité de Sûreté Nucléaire, the French nuclear safety authority. Letter of 15 September 2021
2. See specific slides on Flamanville 3 p5-6.
3. Regulated Asset Base - Legislation introduced on 26 October 2021

9M 2021 SALES

CSR

United Kingdom

• Introduction by UK government of legislation to establish a funding scheme (RAB) (3) for new nuclear projects
• Direct UK Government funding of up to £1.7bn to enable a large- scale nuclear project to reach a final investment decision (4)

EXISTING NUCLEAR

"Grand Carénage" programme - 4th ten-year

inspections of 900MW units: 4 already completed, 3 ongoing

RENEWABLES

PROJECT PIPELINE

PPA signature of a 377MW solar project coupled with a 600MWh battery energy storage system in California

5 projects awarded in South Africa (for a total of 735MW) combining wind, solar and battery storage

CAPACITY (UNDER CONSTRUCTION & COMMISSIONED)

8.4GW (5) gross under construction, i.e. +6% vs end-Dec 2020. Good progress on the first French offshore wind farm at

Saint Nazaire (6): installation of the electrical substation

1.5GW commissioned in 9M 2021 (of which a 300MW solar plant in India in Q3) vs 0.7GW in 9M 2020

(4) Announcement made on 27 October as part of the 2022-2025 UK government's spending review. The government is in active negotiations with EDF on the Sizewell C project

(5) 8.4GW under construction at Group level at end-September 2021 (4.4GW solar, 1.9GW wind and 2.1GW offshore) vs. 8GW end-December 2020

(6) See press release of 28 August 2021. Commissioning in 2022

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