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- This presentation may include forward-looking statements of future events or results according to regulations ofthe Brazilian and international securities and exchange commissions. These statements are based on certainassumptions and analysis by the company that reflect its experience, the economic environment and futuremarket conditions and expected events, many of which are beyond the control of the company. Important factorsthat may lead to significant differences between the actual results and the statements of expectations aboutfuture events or results include the company’s business strategy, Brazilian and international economic conditions,technology, financial strategy, public service industry developments, hydrological conditions, financial marketconditions, uncertainty of the results of future operations, plans, objectives, expectations and intentions, amongothers, Considering these factors, the actual results of the company may be significantly different from thoseshown or implicit in the statement of expectations about future events or results.

- The information and opinions contained in this presentation should not be understood as a recommendation topotential investors and no investment decision is to be based on the veracity, current events or completeness ofthis information or these opinions. No advisors to the company or parties related to them or their representativesshall have any responsibility for whatever losses that may result from the use or contents of this presentation.

- This material includes forward-looking statements subject to risks and uncertainties, which are based on currentexpectations and projections about future events and trends that may affect the company’s business. Thesestatements include projections of economic growth and energy demand and supply, as well as information aboutthe competitive position, the regulatory environment, potential opportunities for growth and other matters.Several factors may adversely affect the estimates and assumptions on which these statements are based.

Disclaimer

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Agenda

2Q16 Highlights

2Q16 EBITDA and Net Income

2S16 Perspectives

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HPP Cachoeira Caldeirão219 MW / 129.7 average MW

Beginning of PPAs: jan/2017GU01: May 5 - 8 months in advanceSale of anticipated energy until December 2016, through a bilateral agreement with EDP Comercializadora.

GU02: June 7- 7 months in advanceSale of energy in the short term with EDP Comercializadora, in June.

GU03: Being tested.

Total Capex : R$ 1.2 billion (97.9% from total investment estimated)

Top view of Spillway Controlled

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HPP Cachoeira Caldeirão: start-up in advance

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2Q16 Highlights

Foco nas

HPP C. Caldeirão (GU01 and GU02): early commencement of commercial operation; HPP S. Manoel: evolution of 64%; Smaller impact of GSF and PLD: -R$ 12 million 2Q16 vs -R$ 137 million 2Q15; Consolidation of Pecém: cumulated availability of 89% + R$ 160 million of EBITDA; 2Q16 accounting impact: R$ 885 million, referred to acquisition of 50% of Pecém.

Volume of distributed energy: +0.4% in EDP Bandeirante and -8.0% in EDP Escelsa; Non technical losses in low voltage: -0.52 p.p in EDP Bandeirante and -0.10 p.p in

EDP Escelsa Vs 1Q16; Overcontracting impact in EDP Bandeirante: -R$ 5.6 million in 2Q16 Vs R$ 15.5

million in 1Q16; Impact of an important client reduction in EDP Escelsa: -R$ 12.1 million.

Volume increase (+14.9%); Decrease of purchase and sale average price (-35% e -29%, respectively); Negative impact of margin due to contracts flexibility and migration delay.

PMTO: increase of 20%; excluding Pecém, APS and Provision for Doubtful Debts would be 2.7%;

Net debt/EBITDA: 1.3x; Conclusion of capital increase and early discharge of Holding Company's CCB; Issuances: R$ 250 million in the holding and R$ 90 million in Energest.

Distribution

Energy Management and EDP Comercializadora

Cost Control and Financial Discipline

Generation

Average PLD (Submarket SE/CO)

2Q16: R$ 62.2/MWh

Vs2Q15:

R$ 382.8/MWh

Average GSF

2Q16: 89.9 % Vs

2Q15: 80.8 %

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Conclusion of capital increase of R$ 1.5 bi

Up to R$1.500 million

R$ 11.50

Up to 130,434,782 ordinary common shares

Conditions

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2

3To meet medium-long term operational

and investment needs

To reduce financial costs

To strengthen the Capital Structure

Use of proceeds

Leftovers Subscription Period (1st Round)

1

Leftovers Subscription Period (2nd Round)

23

Preemptive Rights

1,476 1,500

Total

98.37% 0.56% 0.07%

Result | Amount subscribed in R$/million

Cut-off Date: May 4th

Physical Settlement of Shares: July 8th

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Debt maturity profile (R$/million)Net Debt/EBITDA

Prudent Debt Level

2Q16 Highlights

907

462

Cash

2,562

After 2020

2,161

20192018

1,344

2017

1,090

2016

Energest DebenturesR$ 90 million

Until 2020, AprilCDI + 2.25%

Holding DebenturesR$ 250 million

Until 2022, AprilIPCA + 8.3479%

Reduce EDP Brasil leverage to historical levels, providing greater flexibility for investments and / or debt prepayment, besides EPS improvement

Jun/16

3,401

Mar/16

4,684

Dec/15

5,036

Sep/15

4,825

Jun/15

4,8771.3

1.4

1.71.6

1.8

Early discharge of Holding Company's CCBR$ 303 million118.7% of CDI

Payment of more expensive debts in

line with capital increase purpose.

Dividends payment

R$ 147 million (non-controlling shareholders )

and R$ 154 million (controlling)

Net debt/Ebitda

Net Debt

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EBITDA (R$ million)

Net Income (R$ million)

2Q16 EBITDA and Net Income

Nota: ** Gains and losses from the decommissioning and sale of goods and fair value of the financial assets to be indemnified.

448

159

-63%

EBITDA 2Q16Other**

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EBITDA 2Q15

1,222

Gain on asset sale

-885

PMTO

-54

Gross Margin

98

744

EBITDA

-774

Net Income 2Q15

-29

Income taxes and social contribution

-87%

Net income 2Q16Attributable to non-controlling shareholders

-25150

Financial result

-28

Result form corporate

participation

60

Dep & Amort

Disregarding the accounting earnings effect and

consolidation of Pecém, EBITDA would increase 11%

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2S16 Perspectives

Conclude the full delivery of HPP C. Caldeirão; Delivery HPP São Manoel on time and on cost.

Keep the consolidated performance of Pecém; Manage combat losses, provision for doubtful debts

and default in the distributions.

Budget cost control in distribution; Manage the cash after the capital increase with focus on

payment the more expensive debts.

Implement the proposed solutions for overcontractingin distribution;

Conclude the process of tariff review of EDP Escelsa2016, August;

Solve hydrologic issue in Ceará State.

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RTP Escelsa (4th cycle/2016, August)

• Wacc: from 7.5% to 8.09%

• Ke: from 11.36% 12.26%Return

• from 6.70% to 6.72%Technical losses

• Increase form star point of 7.87% to 10,76%, without trajectory in the cycle

Non technical losses in low voltage

Parcel B evolution (R$/million)

Basis of net and gross remuneration (in R$/billion)

841768

701640668

614576

2010 201620152014201320122011

-4%

+10%

2nd cycle 3rd cycle 4th cycle

2.79

3rd cycle

+26%

4th cycle

3.53

+27%

4rd cycle

2.02

3rd cycle

1.59

BRR BRL Amounts approved

Values published in AP

Values published in PHInflation in the period (IPCA): 27%

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Investor Relations

E-mail: ri@edpbr.com.br

Phone: +55 (11) 2185-5907

www.edp.com.br/ri