EDF / 2019 Universal registration document

1. The Group, its strategy and activities Description of the Group’s activities

The EDF group, via EDF Pulse Croissance Holding with a 17% stake, teamed up with investment firm Meridiam to create NEoT Offgrid Africa with the aim of contributing to financing our energy supply and services solutions. Togo – BBOXX EDF bought a 50% stake in BBOXX Togo from BBOXX UK in November 2018 to undertake the sale, installation and maintenance of solar kits for rural households in Togo. South Africa – KES In South Africa, the KES (Kukhanya Energy Services) company, created in 2002, is 50% owned by EDF, 15% by the local operator, Calulo, and 35% by Total. It initially developed its business through photovoltaic kits in Kwazulu-Natal, and then extended its activities into the Eastern Cape region (see also section 1.4.5.3.7 “Africa”). Senegal – ERA In Senegal, as of 31 December 2019, EDF group held all of the shares in ERA. Since 2014, ERA has been the operator of the rural electrification concession of Kaffrine-Tambacounda-Kédougou (25% of Senegal’s surface area). Having received a grant from the French Development Agency, with a third and last tranche expected to be released soon, ERA is developing the electricity grid, installing photovoltaic panels in rural areas and currently provides electricity to around 6,000 customers (see also On 18 July 2018, the EDF group took a stake in SunCulture, a Kenyan firm, to undertake the sale, installation and maintenance of solar-powered water pumps for rural households in Kenya and expand into other African countries. Ivory Coast – ZECI The EDF group and Off Grid Electric (OGE), now known as “Zola Electric” – an American company involved in the distribution of solar energy in Africa, in which Electranova Capital, EDF’s cleantech venture capital investment fund, holds a shareholding – created in October 2016 a joint company in the Ivory Coast, ZECI, for the supply of competitive off-grid solar energy in Africa. Within the framework of this joint venture, the EDF group and Zola Electric assume the cost of the installation and maintenance of solar kits intended for households in rural areas and on urban outskirts (see also section 1.4.5.3.7 “Africa”). Ghana – ZEGHA Off Grid Electric, now known as “Zola Electric”, the Ghanaian company CH group and EDF decided to create ZEGHA and launched the pilot phase in December 2017 on the Ivorian model (see also section 1.4.5.3.7 “Africa”). Energy services and other 1.4.6 activities Energy services 1.4.6.1 In a legislative, technological, and social environment focused on fighting global warming and the quest for performance, EDF group aims to achieve significant growth in energy services in order to provide innovative, effective solutions for its customers. These solutions draw on the Group’s expertise, in particular in R&D, and are implemented through its various subsidiaries. In June 2017, they were brought together beneath the single banner of the “EDF Solutions énergétiques” brand, placing the latter in a position to assist its customers in taking up the challenges of energy transition and economic efficiency. In addition, in 2017, EDF group created “EDF Pulse Croissance”, a new organisation designed to be EDF’s start-up incubator, with the role of exploring ecological and digital transition, providing its clients with innovative and competitive offers and services. The energy services developed by the Group are designed to meet the needs expressed by local authorities, firms, and private individuals in a wide range of areas including distributed power production, low-carbon heating networks, smart lighting, waste recovery, electric mobility, hydrogen, battery storage, domestic services, smart building management, and production resources. The range of solutions offered is section 1.4.5.3.7 “Africa”). Kenya – SunCulture

both complementary and innovative, and meets customers’ emerging requirements, notably reducing carbon emissions and improving energy performance. In 2018, EDF focused on electric mobility to help lower carbon emissions in the transport industry, which accounts for 20% of greenhouse gas emissions in Europe. To that end the Electric Mobility Plan announced by EDF on 10 October 2018 outlines the Group’s goal of becoming the energy industry’s leading electric mobility service provider in Europe by 2022. This approach was boosted in 2019 by the creation of Dreev and the launch of the EV100 project. In 2019, EDF engaged in local services with the acquisition of Hello Casa, now known as Izi Solutions. This new activity is aimed at improving home comfort and energy performance. EDF is also expanding its presence in electrical engineering, with the acquisition in 2019 of three electrical engineering companies brought together under the EDF ELECTROTECHNICS brand. This manages all the components, and covers all the aspects, required to provide low, medium, and high voltage design, installation, maintenance, and emergency repair work for business customers nationwide. Lastly, in April 2019 EDF created Hynamics, a subsidiary dedicated to the production and marketing of low-carbon hydrogen from electrolysis, aimed at addressing the needs of industry and heavy-duty mobility. Dalkia 1.4.6.1.1 The EDF group has held a 99.94% equity interest since July 2014 in Dalkia, a leading player in the European energy services market with a full range of services and an excellent sales network in France, that contribute to developing renewable energy and energy recovery, reducing energy consumption and improving the performance of the installations. Dalkia’s operations Against the backdrop of climate change, volatile prices, and rare resources, Dalkia provides its customers with expertise to develop, produce, and manage more Dalkia is active throughout the energy chain, from decentralised production to demand management via distribution optimisation, accelerating energy transition for its customers. Commitments Thanks to its nearly 80 years of experience in managing heating and cooling networks, optimising industrial utilities, improving the energy performance of buildings, or using alternative and renewable energies, Dalkia offers its customers tailor-made solutions to reduce their energy consumption and to improve the environmental and economic performance of their installations. Dalkia (including its subsidiaries) manages over 80,000 energy installations in France and abroad, achieving 6.7TWh of energy savings in 2019, as well as enabling its Dalkia’s first business is to make the most of local energy sources. In other words, Dalkia uses local sources of energy to provide its customers – both businesses and local authorities – with sustainable energy solutions: the development of renewable energy is a focus of Dalkia’s priorities, particularly ■ through the use of renewable and recovered energy: biomass, biogas, geothermal and recovered energy; a pioneer in energy transition, Dalkia encourages the production of energy from ■ non-recyclable waste. Energy recovery also contributes to reducing greenhouse gases, limits the use of fossil fuels, and contributes to Dalkia’s low-carbon goals. Dalkia and energy savings Dalkia’s second business line is energy savings: the most efficient energy is energy that is not used in the first place. Dalkia is innovating on a daily basis to achieve energy savings, through ■ connected buildings that consume less and less, and energy renovation works to make buildings more efficient; Dalkia also optimises its customers’ consumption by processing all their data ■ using “Descs”: energy performance management centres that combine digital and human intelligence. environmentally-friendly and economical energy systems. Accelerating customers’ energy transition. customers to avoid the emission of 4.3 million tonnes of CO 2 . Dalkia and the development of renewable energy

76

EDF | Universal registration document 2019

www.edf.fr