EDF / 2018 Reference document

PRESENTATION OF EDF GROUP Description of the Group's activities

South Africa The EDF group established a subsidiary in 2007 in Johannesburg, initially with a view to preparing the relaunching of the South African nuclear programme. The energy guideline plan for the country, promulgated in May 2011, provided for the commissioning of 9.6GW of nuclear power capacity by 2030. This programme is in the process of being reviewed. Several scenarios integrating nuclear, renewable energies and liquified natural gas are being discussed with a view to promulgation in 2019. The South African subsidiary is also responsible for developing EDF's business activities in Southern Africa, particularly as regards generation projects as well as the sale of services relating to thermal engineering, hydropower, transmission and distribution. In October 2018 the EDF group announced that it had bought a 30% stake in GIBB Power, an energy subsidiary of South African firm GIBB Engineering and Architecture. The acquisition should enable the EDF group to sharply increase its activity in thermal, hydropower, transport and distribution engineering services in the region over the next three years. GIBB Power will also enable the EDF group to identify and undertake targeted investments in Southern Africa. In addition, EDF Renewables has gained a foothold in the South Africa wind power market during the course of the various phases of the request for bids launched by the Ministry of Energy since 2011. The company was selected through its subsidiary InnoWind, renamed EDF Renewables South Africa in 2018 (in which EDF Renewables has a 94% stake), and operates a gross capacity of 110.6MW. See section 1.4.1.5.3 “EDF Renewables”. The Group is also present in South Africa via the Company KES (Kukhanya Energy Services), created in 2002 (see section 1.4.5.3.9 “Off-grid energy”). Mozambique The Group has been active in Mozambique since the end of the 1980s involving the provision of engineering services and has formed preferred partnerships with EDM (Electricidade de Moçambique). The EDF group and EDM have entered into a cooperation agreement signed in June 2017 with the aim of promoting exchanges in all areas of connected and non-connected electricity systems for hydraulic, thermal and renewable generation as well as in networks and training. The EDF group, in conjunction with WLE - World Leading Education, was selected within the framework of a call for tenders relating to professional training and the renewal of EDM's training centres. Morocco The EDF group has been active in Morocco since the 1970s, and has formed preferred partnerships with Morocco’s national electricity and water office (ONEE), electricity distribution authorities, and industrial players. To help support its development, the Group created EDF Maroc in 1997, EDF EN Maroc in 2012 as well as EDF Fenice Maroc in October 2016. The Group and ONEE continued their cooperation, pursuant to the general agreement signed in January 2012, in the areas of renewable, thermal and hydraulic generation, as well as in networks and training. After having been selected by ONEE through a call for tenders, the consortium led by EDF Renewables in partnership with the Japanese group, Mitsui & Co., is developing the 150MW Taza wind farm. With the acquisition of Futuren in 2017, the Group's total gross installed capacity in Morocco reached 50.4MW. See section 1.4.1.5.3 “EDF Renewables”. The Group is also involved in energy efficiency activities in Morocco with the Fenice subsidiary (EDF Fenice Maroc, see section 1.4.5.1.2 “Activities of EDF Energy”) and in public lighting with the Citelum subsidiary. Together with NABILUM, a local firm, Citelum won the call for tenders organised by the city of Fez. Carried out by a public-private vehicle (called an SDL in Morocco) controlled by the City of Fez (51%) and Citelum/NABILUM (49%), the 15-year contract involves upgrading, expanding and maintaining the city's approximately 68,000 street lights. Senegal The Group is also present in Senegal, through the ERA company, the operator of the rural electrification concession in Kaffrine-Tambacounda-Kédougou (see section 1.4.5.3.9 “Off-grid energy”). It is also present through a service contract involving generation with an independent power producer and several service

contracts through its subsidiary EDF International Networks, responsible for implementing contracts to improve the performance and ensure the reliability of the local operator Senelec's distribution network. Cameroon The consortium comprising EDF (40%), IFC (20%), the Republic of Cameroon (15%), Africa50 (15%) and STOA (10%) have begun construction of the Nachtigal 420MW hydropower dam, situated on the Sanaga River, close to Yaoundé. In July 2016, Nachtigal Hydro Power Company was created to assist with the project and signed a Concession Agreement for Electricity Generation in April 2017. The final investment decision was made in late July 2018 and financing was agreed on 8 November 2018. The Nachtigal project was given the go-ahead on 24 December 2018. The Nachtigal hydroelectric power plant is a sizeable project for the country and will, on commissioning, be the most important generation resource in Cameroon. It will provide around one third of the electricity needs and will generate numerous economic benefits for the local economy. Republic of the Congo EDF International Networks, a wholly-owned subsidiary of the EDF group, opened a branch in September 2017 to further develop its activities in the country in support of SNE. Egypt The EDF group entered into the renewable energy generation market in Egypt. EDF Renewables, in a 50/50 partnership with the Egyptian company Elsewedy, to finance, build and operate two 50MWp photovoltaic plants in Benban near Assouan. These projects will be benefit from a Power Purchase Agreement (PPA) for a period of 25 years (see section 1.4.1.5.3 “EDF Renewables”). In 2017, EDF was awarded two contracts for consulting services, one with EETC for engineering and supervising construction of the dispatcher in the Delta, and another with EEHC to manage the deployment of 53,000 smart meters that its subsidiary EDF International Networks complete in a consortium led by the French industrial company Sagemcom and including the Egyptian company Globaltronics. Since the mid-1990s, the EDF group has been present in Egypt in Exploration and Production (E&P) of hydrocarbons through its subsidiary Edison (see section 1.4.5.2.3.2 “Hydrocarbon business”). The Group has also been active in Egypt since 2016 via EEES, a wholly-owned subsidiary of Edison, which is pioneering energy services in the country. Ivory Coast EDF group is developing the “Biovéa” project for a biomass electricity power plant with two 23MW units in partnership with SIFCA, an Ivorian agro-industrial group in West Africa, and Meridiam, an investment firm which joined the project in January 2018. This project is already included in the Ivoirian State's development master plan and an agreement on the transfer price of generated energy was signed on 30 November 2017. The final investment decision is scheduled to be made in mid-2019. In August 2016, the Group created a local subsidiary to support its development strategy in the Ivory Coast. In October 2016, EDF created the ZECI company, a joint-venture with the US company Off Grid Electric (OGE), for the deployment of an off grid energy project for rural and peri-urban populations (see section 1.4.5.3.9 “Off-grid energy”). Ghana In October 2017, the EDF group opened a local branch to support its development strategy in this country. It is also present in Ghana through the ZEGHA company (see section 1.4.5.3.9 “Off-grid energy”). Middle East 1.4.5.3.8 The EDF group is present in the Middle East, with a regional office based in the United Arab Emirates (UAE) covering the area's development and project monitoring activities. In addition, the Group has offices in Qatar, Doha, Saudi Arabia (Riyadh), Lebanon (Beirut), Bahrain and the United Arab Emirates (Abu Dhabi and Dubai).

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EDF I Reference Document 2018