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Page 1: Encontros edp
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editorial

Celebrating our energy “By organizing these Meetings, EDP clearly shows what a great company it is. I’m very proud to work here.” “It was by far the best Meeting ever.And I’ve been to them all, as I’ve worked for the company for 29 years.” “It was a great pleasure to see that there are really new people. These Meetings give us an idea of what a great company we are, where human capital is important. That’s a good way of motivating us”. These were some of the hundreds of messages sent by our co-workers after this year’s EDP Meetings in Porto and Lisbon, which were attended by more than 8,000 employees.This is undeniably one of the high points of the year for all of us. We share results, goals and strategies. We have a special opportunity to feel what it really means ‘to be EDP’. This is the stage on which the company’s real culture plays a central role. Once again, we showed our talent and excellence in bringing off an event of this size. Hundreds of people worked behind the scenes for months to make the event perfect. Employee satisfaction lived up to our expectations and gave us the added responsibility of beating the result next year. The idea of this year’s event was to give the company’s people a voice and a face and recall the community spirit that everyone experienced. And let’s not forget Madrid, Asturias and Bilbao, where these Meetings have also become a tradition. Creating and fostering a team spirit, motivating all the organization’s employees and getting them to communicate are important challenges that nurture everyone’s individual qualities and ensure the company’s sustained growth. This is how to create a winning company. This is how we celebrate our energy.

EDP Meetings Special 2012

Owner EDP - Energias de Portugal, SA Praça Marquês de Pombal, 12, 1250-162 Lisboa Phone: 210 012 680 Fax: 210 012 910Director Paulo Campos Costa

Publisher Península Press SL - Rua dos Correeiros 120, 4.º esq, 1100-168 Lisboa | Executive Director Stella [email protected] Editors Eduardo Marino, Joana Peres, Art Marta Conceição, Nuno F Barbosa PhotographyPhPhoto Adelino Oliveira Proofreading Ana Godinho | EDP coordination Margarida Glória | Free distributionLisgráfica - Impressão e Artes Gráficas, Rua Consiglieri Pedroso, nº. 90, Casal de Sta. Leopoldina, 2730-053Barcarena - Portugal. Phone +351 21 434 54 00 (general); Fax +351 214 345 494

Paulo Campos CostaBrand and Communication Director

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8/9 eduardo catroga

10/17 the most voted issues

18/25 antónio mexia

26/29 artists

30/46 awards

48/57 phrases

58/59 moments

60/61 we are

62/63 reporter for a day

64/65 our photos

66/69 the making of the campaign

70/75 the making of the meetings

76/89 spain

90 satisfaction survey

ContentsMeetings Special

EDP 2012

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“Although I have been on the board for more than six years, having the opportunity to chair a body like the GSB isprobably one of the most exciting professional challenges that I’ve ever had.”

“We know that 2012 will be a difficult year, probably the hardest one that EDP has had to face recently. We must regard this as an added challenge for everyone. Each member of this great team will be called upon to contribute and do their best so that we can achieve the strategic goals for this year, while staying on track for sustainable growth.”

“This company has made important progress in recent years thanks to considerable strategic autonomy that has allowed it to choose its own destiny. This means that it has defined its own policies for growth and investment in new countries and new technology, especially renewable energy.”

The Chairman of the General and Supervisory Board made his debut at Group Meetings and put over a message of trust to EDP’s employees. “My aim in my job is to be the chairman of all shareholders and all EDP Group employees,” he said.

“I’m thrilled to be participating in the joint effort to assert EDPas a global energy company that is a leader in the creation of value, innovation and sustainability.”

Eduardo CATROGA

“EDP is still the most efficient company in the sector in the Iberian Peninsula. It has a remarkable ability to grow more than the sector and at lower risk. All these aspects are important distinguishing features in facing future challenges.”

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VOTED ISSUES

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1. Customers and competitiveness

2. Innovation in the EDP Group

3. Challenges and internal mobility

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CUSTOMERS AND COMPETITIVENESS1.

NUNO ALVES

“We have already witnessed the total

opening of the industrial market. The competition

there is full on. It is so full on that EDP no

longer has even 50% of the market share in the

sector. But it is essentially a price-driven market and companies have auctions

and the winner is the lowest bidder.”

“NOW A SECOND WAVE IS COMING, WHEN THE RESIDENTIAL SEGMENT IS TOTALLY LIBERALIZED. THAT’S WHEN COMPETITION IS REALLY GOING TO

START. COMPETITION WILL BRING NEW PRODUCTS AND SERVICES. COMPETITION

CREATES INNOVATION AND WE HAVE PEOPLE WHO ARE READY TO COMPETE

AND WIN THAT MARKET.”

“I’m convinced that the transition to the liberalized market will be another opportunity for EDP to show its worth and win in an open war. It is a challenge for us all: winning over customers or getting them back. This involves a price, a product and quality. We have to be able to make the most of our experiences in Spain and use

marketing from other sectors to gain market share.”

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MIGUEL STILLWEL D’ANDRADE

“In fact, in B2B, there has been ongoing, pretty aggressive

liberalization, to such an extent that today EDP has an energy share of just under 40%. So here we already have a competitive market in which Spanish and foreign operators are competing directly with us. This is

where we have to stand out in ways other than price, though price is obviously still important.”

“The recent EDP/ Continente campaign is very innovative.

It highlights EDP and shows that we are staying ahead of the competition. This interaction with the

customer will soon be part of our everyday work.”

“IT IS GOING TO BE ESSENTIAL IN THE RESIDENTIAL MARKET TO HAVE A DUAL OFFER. WE

HAVE TO BE VERY PROACTIVE. THE COMPETITORS THAT WILL BE COMING IN ALREADY HAVE A LOT OF EXPERIENCE IN THIS

AREA. WE OURSELVES HAVE THIS EXPERIENCE IN SPAIN, WHICH IS ONE OF THE PLACES WHERE WE CAN LEARN. DEVELOPING THIS

GROWING RELATIONSHIP WITH THE CUSTOMER IS OBVIOUSLY A VERY

INTERESTING CHALLENGE.”

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INNOVATION IN THE EDP GROUP

“Innovation is not just technology. More and more it is also about attitude. Looking for

ongoing improvement every day. Thinking about the way we have always

done things.”

“What comes into our minds first

when we think of innovation? Major

technologically significant projects

like intelligent networks (Inovgrid) or

offshore wind farms (Winfloat project).

There is a considerable amount of

technological progress here that

shows how innovative EDP is. But if

we stopped here, we would not be

innovative. In other words, innovation is

technology, but that isn’t all. It has a lot

more to do with attitude and attitude

has to be something permanent.”

“THE NEW MARKET CONDITIONS, WITH INCREASES IN PRICES OF FOSSIL FUELS AND

FURTHER RISES EXPECTED, HAVE CREATED THE NEED FOR MORE AND MORE RENEWABLES.

PEOPLE ARE ALSO INCREASINGLY CONCERNED ABOUT ENERGY EFFICIENCY. ALL THIS HAS

TRIGGERED THE TECHNOLOGICAL REVOLUTION THAT WE ARE EXPERIENCING TODAY.”

2.

MANSO NETO

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MARTINS DA COSTA

“Where intelligent networks are concerned, I would say that InovGrid,

which has its pilot scheme in Évora, is the apple of many organizations’ eye.

It was the benchmark project selected from around 250 intelligent network

projects in Europe. The European Commission chose it as the key project for all the other electricity companies

operating in Europe.”

“Innovation is more and more part of EDP’s DNA. It is not just a matter of technology;

it is a state of mind,a cultural question”.

“WINDFLOAT IS A PERFECT EXAMPLE OF TECHNOLOGY FROM SEVERAL

PORTUGUESE AND INTERNATIONAL COMPANIES WORKING ON AN

INNOVATIVE PROJECT AT GLOBAL LEVEL. THE OPERATION UNDER WAY OFF THE PORTUGUESE COAST IS A SOURCE OF PRIDE NOT ONLY FOR EDP, BUT ALSO FOR THE COUNTRY ITSELF, BECAUSE

IT IS A GREAT TECHNOLOGICAL LEAP.”

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PITA DE ABREU

CHALLENGES AND INTERNAL MOBILITY3.

“Mobility is an opportunity that is offered, but also has to

be sought”.

“The Group has diversified its activities and geographical

presence. This means that our people have to embrace new activities and probably travel

to different workplaces.”

“EDP has structured programs. We are reviewing

our international work regulations and establishing

real Career Paths. This means knowing the existing

development possibilities for each job.”

“WHEN I JOINED EDP MANY YEARS AGO, GETTING A JOB AT EDP WAS LIKE BEING CHOSEN TO PLAY FOR THE BENFICA SOCCER TEAM, BECAUSE WE FELT THAT WE GOING

TO BE PART OF A GROUP OF FINE, DISTINGUISHED, SPECIALIZED PEOPLE.”

“I tend to say that human capital is a company’s main asset. But it’s not enough to

say it; we have to believe in it. And we really do believe!.”

“EDP IS BEGINNING A GENERATIONAL CHANGE PHASE. BABY BOOMERS LIKE

ME ARE ON THEIR WAY OUT AND A NEW GENERATION IS BEGINNING TO EMERGE.”

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MARQUES DA CRUZ

THE PARTNERSHIP WITH CHINA

THREE GORGES“There are several projects underway with China Three Gorges. The

Chinese banks are going to open up a two-billion line of credit for EDP. In financial terms, CTG is also going to acquire minority positions in EDP’s

wind farms. Our Group has had a small presence in Macao for many years now, thanks to our history. This could be the starting point for livening up the Asian market for EDP, with major support from

CTG. The two companies can learn a lot from each other. There are also five possible joint investments around the

world. They all have something in common – renewable energy.”

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António MEXIAAsk any employee what the high point of the Meeting was and the answer will be immediately be the speech by António Mexia (or the Mourinho of energy, as Herman José called him). Every year the Chairman of the Executive Board of Directors proves that he is a born communicator and likes to share the company’s successes with the whole team. Here’s a summary of this year’s strong points.

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HOW EDP WAS BORN “EDP is the perfect example of a company that has always been able to adapt to change and find strength by combining its different components. EDP was born from 13 regional operators and since then we have become the largest Portuguese company. We were able to change, combine the skills and what people brought from each operator and always managed to do more and better.”

THE LARGEST HYDROELECTRIC PROJECT IN EUROPE“We are going to build 3,500 MW. This is what I call proper use of Portuguese resources. And we know in a year like this, when there’s a drought, how important it is, and not only because of electricity. The dams that we’re beginning now are responsible for more than 200 million euros in savings on imports. In other words, they mean fewer hours of work for the Portuguese to import energy from the Middle East or some other region. This is a fundamental issue. And we’ve been able to make these structures differently. We used two winners of Pritzker awards (like a Nobel Prize, but for architecture) - Siza Vieira for Foz Tua and Souto Moura for Baixo Sabor. We are the first company in the world to have machine rooms designed by award-winning architects. And they’re Portuguese.”

EDP DISTRIBUIÇÃO “We have 222,000 kilometers of grid, five times the circumference of the earth. Our average outage time is 75 minutes, 39% shorter than in 2010. Less than 10 years ago, the time was almost 400 minutes. Thanks to what? Meticulousness, culture and, above all, dedication to excellence, which I believe is an undeniable trait of all at EDP Distribuição.”

A UNIQUE POSITION “We live in a country that often doesn’t handle success well. It is often unable to deal with people who manage to transform the past and create a better future and more opportunities. But our EDP is doing well in Portugal and abroad. Our attitude to the difficulties is going well. Plus the fact that we have certainly managed to overcome these difficulties in a unique way. People sometimes don’t like this. But that’s no reason for us to change our history.”

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SPAIN“HC Energía and Naturgas Energía are important drivers of growth in profits: up 20% in 2011. This an example of successful integration along the value chain, particularly because we have a customer market share that

is double our generation market share in Spain.”

THE MOST EFFICIENT UTILITY COMPANY IN THE IBERIAN PENINSULA“All this is only possible because we work together to be the most efficient Iberian company. We have a ratio

of 27% operating costs to gross margin. The figure in 2005 was 38%. Today’s 27% is the best figure of all companies in the Iberian market.”

BRAZIL“Our portfolio has maintained a key feature, its growth. But 2011 was a difficult year. What are we today?

Practically 3,000 MW of installed capacity, 2.7 million customers, the fifth largest generator in Brazil and the fourth largest energy distributor. These figures help to remind us that we are a global company.”

EDP RENOVÁVEIS“Expansion into Europe began with HC Energía. Then came the purchase of Horizon and the 2008 IPO, the year’s largest stock exchange operation. Then we moved into Canada, Romania, Poland, and Italy,

making us a true multinational in this area too. EDP Renováveis grew 11% in 2011 and has operating profits of more than 800 million euros.”

11,000,000 CUSTOMERS“Today we are able to work with more than 11 million customers. When all is said and done,

we touch the lives of more than 40 million people.”

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GLOBAL PLAYER “Today we are a global player. We began with 13 regional operators and ended up talking about Poland, Romania and the United States. We have changed a lot. And the results are clear.”

OUR PILLARS “EDP is a global reference in sustainability, these projects, the creation of value, sustainabilityand innovation.”

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THE COUNTRY’S DRIVING FORCE“We are one of this country’s driving forces. There can be no doubt. In terms of employment (4,323 jobs

created) and in terms of investment (854 million euros invested in Portugal), representing 40% of our total investment. We can say that we are the driving force behind the Portuguese economy.”

ABLE TO DELIVER“We have been a pleasant surprise. Once again, we were better than the market expected. This shows

that we have been able to deliver. Our more than 12,000 people have been able to deliver. This is the key to success. Why? Because the strategy that we established together in 2006, involving low risk,

focused growth and efficiency (the three pillars) has worked and is particularly suited to difficult times, like those that we are going through today.”

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ACCESS TO FINANCE“2012 is probably going to be the company’s hardest year, for a number of reasons. The first is access to finance. The issue is that today we are a company in which 60% of profits come from outside Portugal. We issued about 200 million euros in retail bonds in 2011 and made a special effort in all new projects: project finance, bond issues and funding of credit on the international market. Today we depend more than 90% on international banks and not on Portuguese banks.”

REGULATION AND LEGISLATION “We have to make it very clear that, from the point of view of the energy sector, EDP is on the solution side. We are not willing to be one of the scapegoats. And why is this? Let me say again that electricity prices in Portugal are lower than the European average and lower than in Spain, particularly for industrial customers. They were also lower for domestic customers until VAT was raised. There is a tariff deficit but not because of renewables. It’s there because, in 2008, when fuel prices rose and the price of electricity went up almost 40% in countries like Britain, in Portugal it rose 4%. Between 4% and 40% there’s a deficit that’s going to have to be paid later.”

GROWTH IN NEW MARKETS“Where do we want to go? To some of the usual places and to other less usual ones. From Brazil we are considering venturing into the rest of Latin America, especially Colombia and Peru. There’s Eastern Europe and also Angola and Mozambique, countries where we have made a crucial contribution to the legal and regulatory framework. This is why we need new shareholders.”

SOLID SHAREHOLDER BASE “There has been essential reinforcement of our shareholder base in recent years. In addition to Portuguese, Spanish, Algerian and Abu Dhabi shareholders, we also have a lot of British ones. This shows our ability to enlarge and solidify our shareholder structure. But this process continues. Our new partner China Three Gorges is playing a vital role because it gives us new financial muscle so that we can make new investments together in new countries.”

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THE EDP FAMILY“Together we are ready to do better. The secret lies in the way we trust one another. We are part of

an EDP family. The fact that every year has been a record profit year is because people are more and more involved. This willingness to step up to the plate has to do with the fact that we are doing what we enjoy and that it changes Portugal. It changes lives; it changes our lives and creates opportunities.

We face challenges without fear: with courage.”

SATISFACTION RATE“This year, the satisfaction rate reached an all-time high. More than scoring 84%, which is an unparalleled

figure at EDP and indeed any large Portuguese company, what I would like to underscore is that 92.5% of people answered the questionnaire. This is a fundamental aspect that means that

we are involved and committed.”

WORKING FOR EDP GIVES LIFE “The average life expectancy in Portugal is 84. Do you know the average life expectancy of people who

worked for EDP? It’s 86, which means that EDP is good for your health. We really do like what we do at EDP. I’ve been here for six years and I love what I do, which means that my life expectancy has increased too.”

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true ARTISTE

“It’s a great pleasure to be here. I don’t think I’ve ever seen such a big party. It’s no coincidence that I was invited, because my career was born at the same time as EDP, in 1976. Of course there are sad things. As time has gone by EDP has just gotten better and

better, while there are parts of me that don’t work so well anymore.”

- HERMAN JOSÉ -

“Good evening! Trust a Brazilian to arrive at coffee time, right? It’s a great pleasure to sing with Mariza and it’s very exciting to see how a diva can be so generous.”

- ROBERTA SÁ -

“I don’t know if you know, but I haven’t been on stage for a very long time. So let’s see if I can bring you a little of what I’ve been keeping in my heart for almost a year. And that is

nostalgia, emotion, affection, and a real desire to share music. Thank you very much for the invitation. It’s a great pleasure to be with you today.”

- MARIZA -

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Awards edp

With generous hearts, they helped others and distinguished themselves with their dedication and commitment. They contributed to the company’s efficiency and organization. They thought outside the box. They were essential to the success of key projects. They showed their talents… And they won the right to come up on stage and have their merit acknowledged. Find out who this year’s winners are.

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Promoting the best

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we are freeedp volunteering awards

we are skilledacknowledgement of edpuniversity teachers

we are closesmile award

we are starstalent

we are competitiveclickidea

we are amazingmerit

we are togetheredpway

we are tomorrowjunior citizenship

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we are freeedp volunteering awards

Tiago Marques EDP ProduçãoEDP Volunteering Award

“It’s a huge pleasure to be with an organization that has this

type of initiative”

Cristina dos Anjos Pinheiro EDP ValorEDP Volunteering Award

“For me, volunteering is not a taste; it has always been a way of life.

I feel a greater responsibility to do more and better”

Casa dos Rapazes Project Equipa EDP GásProjeto Solidário EDP Award

(team of 81 volunteers)

“I don’t have words to describe what happened in that home. It was a feeling of emotion and extremely moving. When I first invited the people, I didn’t say exactly what they would be doing. I just said that they would

be doing volunteer work but that it was something that would mark them forever. And it’s true. We think about Casa dos Rapazes every day”

Miguel Freitas EDP DistribuiçãoEDP Volunteering Award

“It’s comforting when the company you work for recognizes those

who voluntarily place their human capital at the service of those

who need it most”

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we are freeedp volunteering awards

Maria Júlia Ribeiro EDP ProduçãoVolunteer Coordinator

Parte de Nós Hospitais CampaignExceptional Performance Prize

“It was a group effort. There were volunteers who gave their all. This

is a shared prize”

Vanda Martins EDP SAVolunteer Coordinator

Parte de Nós Hospitais Campaign Exceptional Performance Prize

“This is a team prize. I may have coordinated the project but I had

support from many people at EDP”

DIStribuir Project EDP Valor DIS Team Projeto Solidário EDP Award

(team of eight volunteers)

“It was a very gratifying experience, something that touched our hearts”

Reparar Project EDP Valor DNC Team Projeto Solidário EDP Award

(team of 45 volunteers)

“It was a joy and an honor to be in a team and a company that doesthis kind of thing. This is a project that should continue”

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Allen Vasconcelos, Ana Quelhas, Carlos Jesus Rodrigues, Hugo Taborda, João Gouveia Carvalho, João Marinho Ferreira, João Cassimiro, Marisia Giorgi,

Paulo Maia, Paulo Pinto, Rui Jorge Ornelas, Vítor Cordeiro Acknowledgement of EDP University Teachers Award

“It is highly stimulating to be acknowledged by the company. It is difficult work for people who also have other things to do but, on the other hand, it’s a way of keeping up with things and spending time with our colleagues. We weren’t expecting this, especially because it’s work that we do with

pleasure. EDP University is an important institution for passing knowledge on from one generation to another and also for people to spend time together and swap ideas”

Luís Lobo Xavier, José Martins Neves, Vítor Ribeiro, José Carvalho Bastos, Cristovão Byrne, José Brás

Acknowledgement of EDP University Teachers Award

“This is an award for the dedication of the people who helped to share knowledge within the EDP Group and also contributed to innovation.

This is a project that should continue“

we are skilledacknowledgement of edpuniversity teachers

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we are closesmile award

António Hermínio Pina Reis (representative) EDP Soluções Comerciais

Guarda Store - José Fernando Monteiro Gonçalves, Fátima Pina, Fernanda Figueiredo, António Tavares

Smile Award

“This award encourages a good performance by the external auditors called mystery shoppers. It’s

a source of pride and recognition on the part of the company, which is always welcome”

Helena Corujas (representative) EDP Soluções Comerciais

Bragança Store - António Almeida Dionísio, Idalina Leite, Estela Geraldes Moura Ferreira

Smile Award

“This is another incentive to achieve the goals thatwe usually achieve and is also recognition of our efforts.

Working for the EDP Group means motivation, learning and personal fulfillment”

Mário Piedade Rodrigues FontesEDP Soluções Comerciais

Agent Coordinator Smile Award

“This award is the culmination of a lot of work, dedication and commitment. My job is to

motivate agents in sales and achieve goals”

EDP Soluções Comerciais Guimarães StoreJosé Manuel Marques Oliveira Mendes (representative),

Elisa Castro Mendes, José Carlos Teixeira, Lúcia Bastos, António Hernâni, Fernandes Martins, Carlos Veloso, António José Faria, João Sampaio Rosa

Smile Award

“All of us who provide a commercial service always have oneconcern - customer satisfaction. But EDP is a group that also has social

responsibility. It is not only concerned about its customers, but also about society as a whole”

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we are amazingmerit

Manuel Cardoso PereiraEDP Distribuição

EDP Individual Merit Prize

“It’s a reward for a 45-year career, which I would like to share with all my

coworkers, because they deserve it too. It’s a great honor receive

this prize after a lifetime’s work”

Abílio Pereira GuedesEDP Gest. Prod. Energia

EDP Individual Merit Prize

“It is recognition of 45 years’ work. It’s a life that has just rushed by.

Harmony is nurtured between managers and workers and it’s

a pleasure to work in such a family atmosphere”

Agostinho Jesus FurtadoEDP Distribuição

EDP Individual Merit Prize

“I’ve been with EDP for 45 years. This is recognition of a prettygood career in terms of work,

projects and coworker”

Fablab EDP - Labelec/EDP InovaçãoCatarina Santos Louro, Nuno Miguel Valverde

(representantes), Carla Susana Pimenta Correia, Pedro Tavares FerreiraEDP Team Merit Prize

“It’s a prize for a huge effort on our part that has given us great pleasure and a sense

of fulfillment. There will be more innovations in the future”

EDP Imobiliária Porto building design and construction teamFernando Santos, Francisco Helder Nogueira, Carlos Santos Silva, Rita Almeida Martins, Nuno Sousa Gomes e Ana Cravinho Martins

EDP Team Merit Prize

“This was one of the greatest challenges that we had ever faced at EDP. It was the high point of an experience, a triumph. Working here is

a challenge. It’s a place where we can build a career”

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EDP Imobiliária - EDP Soluções Comerciais/DSIKWIKI knowledge management platform

Ana Maria Almeida, Ana Teresa Pereira, Cátia Gonçalves, Diana Silva, Emanuel Almeida, Isabel Pacheco, Luis Rosa Santos, Manuela Almeida, Alexandre Santana, Ricardo Mantas

EDP Team Merit Prize

“This is a great honor, recognition of our work and of the value that the entire team wantedto add to the company and the way it worked”

EDP Produção Picote II and Bemposta II project teamAntónio Alberto Freitas da Costa, António Maria Castro e Melo, Mário Lopes Alves, Sérgio Pedro Cardoso Silva,

Enric Coma Salvans, José Pessoa Amorim, Virgílio José Vicente Baptista, Ana Maria Lopes Ribeiro SousaEDP Team Merit Prize

“This prize is an honor for us and also very gratifying at the end of a long journey, full not only of challenges, but of pleasure, too. This recognition is certainly a sign of today’s EDP”

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EDP Gás Lince gas implementation teamAna Cristina Vieira, Paula Cristina Pinto, Lino José Braga, Paulo Andrade,

Jorge Manuel Rocha, Rui Bessa, Fernando Sanches, David PachecoEDP Team Merit Prize

“This is recognition of the whole team’s effort and commitment, as it was a project involving EDP Gás, EDP Valor and DSI”

EDP Distribuição - InovcityMaria Inês Marques, Nuno Miguel Simões, Ana Margarida Veiga, Tiago Rojão, Vera Nunes, Dionísio Carneiro, Carlos Lobato,

Gonçalo Lacerda, João Viegas, Rogério Tavares, Élio Ferreira, António Araújo, Cristina Monginho, José Melo Pestana, Pedro Vinagre, Luís Cunha, Gonçalo Castelo Branco, Paulo Pereira, Ricardo Prata, Carlos Mota Pinto, Eugénio Sousa,

Alves Coelho, Pedro Daniel, Hugo Craveiro, Pedro Paulo, Paulo Lúcio, Lambuça, Condeço, Aires Messias, Manuel São Miguel Oliveira, Paulo Líbano Monteiro, Aurélio Blanquet, João Martins de Carvalho, António Amorim,

Francisco Mira, José António Marmé, Maria Antónia Fonseca, João Martins Silva, Catarina Castanheira, Cristina Quintella, Paula Pinto da Fonseca, Maria Inês Lima, Inês Pitta e Cunha

EDP Team Merit Prize

“This prize will have the effect of encouraging us in the future so that we can continue to work towards more innovative solutions of greater interest to the company”

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we are amazingmerit

Fernando Pinto CarvalhoEDP Soluções ComerciaisEDP Individual Merit Prize

“This is recognition of a pretty diverse career. I see EDP as a company with

a lot of merit and a lot of ambition and I’m convinced that it is going to continue

to get ahead in the world”

José Carlos Seco Noronha Lisboa SÃVIDA

EDP Individual Merit Prize

“What a surprise! I wasn’t expectingthis at all. It’s a great joy to

be part of the EDP team!”

José António Marcolino Gomes EDP Produção

EDP Individual Merit Prize

“This is the company’s recognitionof a long life of work and

dedication. EDP has many employees who have demonstrated their merit

over the years and have helped make the company what it is today”

EDP Distribuição Electric mobility - installation of national pilot networkGanso Barão, Lima Caria, Nunes Ramos, Frederico Silva, Hugo Maio, Luís Carvalho,

Ezequiel Tavares, José Augusto, Ana Paula Espinheira, Fernanda Soares, Alice RibeiroEDP Team Merit Prize

“This is recognition of the work done this year and of the achievementof all our goals. Working for the EDP Group means stability, motivation and pride“

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we are amazingmerit

DRH-CC/GCRL (EDP SA)Integrated human resource management model

Joaquim Madeira, Alexandra Cabeçadas, Isabel Miguel, Margarida Azevedo, Américo Claro

EDP Team Merit Prize

“This is very important recognition of a lot of work behind the scenes until it reached the employees.

It was a great pleasure to do“

EDP Valor/DSI (EDP, SA) Lince HR United StatesAnabela Mondim Pereira,

António Pereirinha Fernandes e António DiasEDP Team Merit Prize

“This is not just recognition of my work but of the entire human resource team. A lot of people

were involved in this project”

DMK (EDP SA)/EDP Imobiliária New EDP Store at Porto head office Teresa Cristina Quintella, Mónica Marques,

Fernando Santos, Francisco Hélder NogueiraEDP Team Merit Prize

“The job was done in record time. The entire team went full out. The results were clearly satisfactory, because we are now in the

roll-out phase for 20 stores all over the country. It’s a signthat everything worked out well”

DSI (EDP SA) - EDP General Service Desk Filipe Lucas (representative), Hugo Loredo, Miguel Eizaguirre,

Carmen Duque, David Edwards, Fernando ReisEDP Individual Merit Prize

“It’s an honor to know that our work was worth it. It was a long project that involved a lot of late nights and

working weekends. But it was time well spent. Our efforts bore fruit”

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we are amazingmerit

UNGE (EDP SA) UNGE - DSO, Analysis, calculation and valuationof deviations in generation and service systems

Ângelo Vieira, José Fialho, Francisco Álvares, José Sousa, Luís Dias e António LibórioEDP Team Merit Prize

“We know that this prize will motivate all the other members to do much better and innovate more. EDP is a modern company in terms of motivation”

Maria Lurdes Neves GomesEDP Valor Gest. Int. Serv.

EDP Individual Merit Prize

“I’ve been with the company for 45 years. I have a lot of good memories. I’m

delighted to be up here on the stage. Working for the EDP Group is the best,

especially these days”

EDP Internacional Expansion of EDP brand worldwideHorácio Santos, Sara Ramos, Conceição Leal, Gabriela Santos,

Bruno Ferreira, Pedro Faria, Vaz MarcelinoEDP Team Merit Prize

“Receiving a prize is a great honor for the whole team at EDPInternacional. I regard EDP as a highly sustainable company that

has a brilliant future all over the world”

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we are amazingmerit

DMC (EDP SA) Rebranding ProjectRui Cabrita, Filipa Roquette, Abdul Karim, Marta Marques

EDP Team Merit Prize

“It is a great pleasure and recognition of the whole team involved in EDP’s rebranding - Marta, Abdul, Rui Cabrita,

Paulo Campos Costa and the whole DMC“

EDP Inovação/LabelecEDP WindFloat team

Pedro Valverde,João Gonçalo Rito Maciel

e Jorge Manuel Veríssimo DinisEDP Team Merit Prize

“Windfloat represents EDP’s capacity for innovation, its ability to

develop the country”

João Marques MoitaEDP Distribuição

EDP Individual Merit Prize

“This was a surprise. I wasn’t expecting this prize. It represents 45 years commitment to the company”

Eduíno Guilherme Vieira PiresEDP Estudos e ConsultoriaEDP Individual Merit Prize

“This is recognition of a life’s work, 32 years in the company’s service.

Today, I see the EDP Group has an international dimension and

it’s up there competing with the largest groups in the area”

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we are togetheredp way

we are competitiveclickidea

EDPWAY awards (sou+edp, SharEDP, Lean, EDPro and Opex)

Maria João Martins, Ferreira dos Santos, Miguel Ribeiro Ferreira, Vanda Martins, Pedro Gaivão, Diogo Cordeiro, Rita Ferreira, Rui Ferin Cunha, Nuno Chung, Cristina Bello

“More than anything, this is recognition of all the work done by the five teams in the EDP Way project and all the employees involved. The main challenge was essentially bringing the information

from five projects to the whole Group. They reflect the way we work and EDP’s culture.This is our modus operandi. The EDP Group today is a multicultural, multinational group that is very

creative and full of talent and fantastic people”

Pedro Tavares Ferreira EDP InovaçãoPromoting electric mobility

by pedaling!Click Idea Award

“My idea is to set up a long-term bicycle rental scheme for employees

who live in Lisbon to be able to come to work on electric bikes”

Maria João Gama EDP SAUsing data mining to analyze incidents in

the national electricity distribution gridClick Idea Award

“This kind of initiative encourages people to participate and make a contribution.

It is a way for each of us to have an active voice at EDP and how it develops”

José Pedro Silva Neto EDP InovaçãoElectricity voucher

Click Idea Award

“I can’t reveal my idea yet because it’s confidential. This award allows

us to join in the game and not just stay on the sidelines”

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we are tomorrowjunior citizenship

Vitória Rita Pereira CadeteJunior Citizenship Award

“On getting this award, I feel that I am not only being acknowledged

as a good student but also as a good citizen. This means a lot to me and I would like to thank EDP

for initiatives like this”

João Afonso Ménagé SantosJunior Citizenship Award

“This award represents an investment for the future. It was

my parents who encouraged me to participate”

Beatriz Jorge CoelhoJunior Citizenship Award

“My father encouraged me to take part and I also had the support of

a very special friend who is seriously ill and has lost part of her

brain. She encouraged me a lot, because she is an example

of courage and determination”

Bebiana Borges de SousaJunior Citizenship Award

“This is recognition of my classes and the effort I made to get good grades and

balance that with all the rest”

Catarina Pais Rodrigues de Oliveira PauloJunior Citizenship Award

“I am very proud to receive this award!It’s extremely gratifying to be recognized for something that we enjoy doing, such

as civic work associated with good academic performance”

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we are tomorrowjunior citizenship

Bruno Plasencia e Quelhas, Luís Pedro Pereira Lindeza, Rodrigo Miguel Pereira Lindeza, Adriana Maria Costa Pereira Guedes

Junior Citizenship Award

“We had to show that, in addition to our academic success, we were in close harmony with the civic component. On the form, we had to indicate the organizations to which

we belonged and competitions we had entered to prove that we were worthy of a prize as important as the Junior Citizenship Award”

Clara Filipa da Silva RamosJunior Citizenship Award

“I wasn’t expecting to get this award, but it’s good to be recognized for something we do

in life. May main motivation was not winning a prize. I’ve been volunteering since I was small and I’ve always felt that I could give

some of my time to others”

Catarina Enes de OliveiraJunior Citizenship Award

“More than anything, this award is recognition of my parents, because it’s much more

important to teach than actually do something. Volunteering and citizenship have been a part

of me for some time and it’s up to us young people to carry on this work”

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Eduardo de Almeida EDP Distribuição

Talent Prize for Photography

“Photography is something that I enjoy a lot and I want to carry on with. I don’t

know whether it’s my gift or not, but this recognition is extraordinary. Everybody

should show what they can do and show it without fear, because you’re making your

way and you’ll be recognized if you have what it takes”

Carina Pereira EDP Distribuição

Talent Prize for Singing

“Singing has been part of my life sinceI was seven. My coworkers encouraged me

to take part and I was taken completely by surprise when I had to get up on stage.

Singing is my life on weekends”

Rui MartinsEDP Valor

Talent Prize Playing a Musical Instrument

“Music has been my companion for 30 years. This was another challenge. I took part for

a laugh and never expected to get the prize”

we are starstalent

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Phrases2012They socialized, they laughed,

they listened, they danced, they sang...

presenting the ‘cast’ of the EDP Meeting!

Expectations ran high, but the organizers managed to

exceed them with flying colors. Judging by the employees’

comments, this was the best meeting in EDP’s history.

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João Daniel EDP Produção João Fazendeiro EDP Distribuição

João Cabrosa EDP Produção

Sara Ramos EDP Internacional

“I always enjoy the EDP meetings.The highlight for me António Mexia’s presentation which took us through

our company’s history.”Balbina Grazina EDP Valor

Carlos Antunes EDP Valor

Vanda Ventura EDP Produção

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“All things considered, I feel this Meeting was very positive. We were

honored by the very special appearance by

Mariza and Herman who definitely livened things up. EDP’s prospects for

the future are veryencouraging.”Marco Ferreira EDP

Luís Beltrão DSI

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Maria Silva EDP Produção

Maria Ruivo EDP Produção

Marta Lourenço EDP Comercial

“I thought it was spectacular! It was truly nice to see people again who we’re not usually with on a daily basis.”Nuno Rocha EDP Produção

“It was a very fun day. What I liked most was

chairman Mexia’s presentation.”

Rui Maria EDP Produção

“What I’m taking away from this Meeting is a lot

of knowledge about issues we tackled today.

It was also an important occasion for us to talk

about the figures for our business. We left here very

satisfied. It was a very emotional experience.”

Ana Veloso EDP Gás

Ermelinda Pereira Labelec

“It’s a way to get to know people, to see people again that we haven’t seen in a long time and to welcome new ideas. I’ve been with the company for 33 years

now and I see EDP today as a strong Group albeit with some uncertainties in terms of the future.” Vitalino Pereira EDP Soluções Comerciais, Coimbra

“It was a very interesting Meeting.I really liked the participation of

the chairman and Herman José.“

Manuel Bilro EDP Valor

Raul Mestre EDP Distribuição

Gabriela Brandão EDP Valor

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António Frederico

EDP Soluções Comerciais João Miguéis EDP Produção

Bruno Oliveira DSI

Vítor Oliveira EDP Distribuição

José Ferreiros EDP Produção

Lucília Martins EDP Distribuição

Madalena Lopes EDP Valor

Susana Bastos EDP Valor

Fernando Campos Holding

Maria Pereira EDP Soluções Comerciais

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EDP TALENT EXHIBITION

At this year’s meeting, everyone could see and hear the gifts of the finalists of the EDP Talentsinitiative at the show set up at the entrance to the pavilions. From painting and sculpture to photography and film, singing and instrumental music, the aim of the EDP Talent Exhibition was to showcase the different artistic callings of EDP’s employees. Over twenty dedicated, passionate and talented professionals made it to the final stage of this initiative and showed their other side to all of EDP.

WE’RE CONNECTED BY THE SAME ENERGYThe Meetings started even before stepping into the rooms of Europarque and the Atlantic Pavilion. Every employee placed an LED light bulb on a panel, which, after being lit up, showed the energy which connects us and which will connect us even more after launching the new intranet. It will be called Move On. This will be an important milestone since it will allow all of EDP’s employees to communicate in a truly global manner. Whether in Portugal, Spain, the US or Brazil, it will be possible to access the same intranet and find all the information on a single site. But there will be even more advantages: every employee will have more power to decide what information he or she wants to view and send. The new intranet will be more collaborative and customizable. More connected with one and all.

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CARTOON PRESENTATIONOne of the surprises this meeting had in store was the cartoon-style illustration of the chairman of the Executive Board of Directors, António Mexia. Daniel Nobre, from the LiveSketching company, was on stage, in real time, translating the essence of the message into drawings. The presentation became even more lively on the impressive screens filling the Lisbon and Porto pavilions. At the end, António Mexia was treated to a parting gift. An exclusive portrait of himself as a souvenir...

REPRESENTATIVE OF CHINA THREE GORGESThe representative of China Three Gorges, Shengliang Wu was in Lisbon on the last day of the Meetings. He was at the Atlantic Pavilion to feel for himself the energy that connects us. The head of the Chinese company, which has recently become the primary stockholder of the EDP Group was pleasantly surprised during the various stages of the Meeting. Including when Herman José improvised a lively version of the well-known fado song “Nem às paredes confesso” in Mandarin Chinese. During the Meeting, Shengliang Wu made a point of reading a message aloud to all the employees, and ultimately took home a little of our energy.

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we

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are...

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REPORTER for a day

They arrived thinking this would be just another Meeting, but they were surprised with a challenge: being reporters for a day. It’s true, at EDP we like to challenge people... and we like it even more when they pass the test!

RICARDO VELHOTEEDP GÁS

How was your experience being a reporter for a day?It was a once in a lifetime experience and one not to be repeated. It didn’t go badly, but it’s not something I am comfortable with.

What do these meetings mean for you?They are an important way to bring everyone together and listen to the messages EDP wants to convey, the management, learn a little

about what’s been happening over the last two years and what EDP’s future holds, even more so with the entry of a new stockholder.

What does it mean to be EDP?It’s being part of a multinational company, the largest Portuguese company, extremely innovative, focused on sustainability, where we try to improve and deliver a great service to the Portuguese people.

MARIA AZEVEDO, DRH

How did your ‘being reporter for a day’ experience go?It was a thrill, I don’t know what the grouping was, but I think I did well. Now we’ll see the final result.

Do you think you have a hidden talent?I might, but I’d need a lot of training. It’s fun. But I think there are a lot of people who do this much better than me. (laughs)

What does your first Meeting mean to you?There were a lot of surprises, a lot of socialization and we also learned a bit about the business and challenges of EDP. There was an awards ceremony, with a lot of recognition, and a lot of music. I think this is a great way of socializing, we can all get together here to celebrate EDP.

What does it mean to you to work in the EDP Group?I’m proud to work at EDP. I feel EDP is a reference company both nationally and internationally as well. It has been a huge challenge and I’ve enjoyed being a part of this team.

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How was your experience being a reporter for a day?It was a lot of fun. I’ve participated in other EDP Group activities before but this was my first time as a reporter. And if other opportunities come up later, I’m ready to work with you.

Are you thinking about changing fields?No (laughs), this is just a hobby, a part-time thing...

What activities has the EDP Group allowed you to take part in?It has allowed me to do voluntary work, which is an advantage at the Group.Actually, being part of the EDP Group has a lot of advantages. I love working for this company.

What are expecting from this meeting?I hope it will be a really dynamic meeting where I’ll get to interact with other people. It’s also a great way of networking. I’m hoping to have fun as well.

Can we count on you as a reporter for next year?Definitely!

DIANA FERREIRA, EDP VALOR

PEDRO MATOSEDP Distribuição

How was your experience being a reporter for a day? It was a very interesting and enriching experience which enabled me to take on adifferent role at EDP and live up to the challenge of having a camera pointed at me and a microphone in my hand, combining improvisation with creativity as well as reporter professionalism.

What do these meetings represent for you?For me in particular, the meetings have been an

opportunity to learn a lot about the EDP world, especially since I only just arrived. I had a chance to meet new colleagues and find out about the work as well as hear the company’s management talk about the path taken by EDP and the challenges the company faces.

What does it mean to be EDP?Being EDP means, among other things, knowing that I have a chance to contribute toward the business development of a solid, highly active Portuguese corporate group.

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ourphotos

Afonso Rodrigues

THE CHALLENGE WAS CLEAR: SEND US YOUR PHOTOS OF THE MEETING. WITH CAMERAS OR CELL PHONES IN HAND, THEY RESPONDED ENERGETICALLY. HERE

ARE A FEW MOMENTS WHICH REFLECT THE GREAT TIME WE HAD.

Filipa Freire

Rui Estima

Filipa Freire

Afonso Rodrigues

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IsabelGregório

João P. Martins

Maria Edite

Machado

José Marques Rodrigues

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For the Energy of Tomorrow was a campaign which put the spotlight on future generations. Day in, day out all EDP employees work with them in mind. And who better than the employees’ children to represent this ambition? It was these real testimonies which in fact brought the campaign to life. Testimonies in which “our” children explain what their parents do at EDP in an amusing way very much their own. The children came from some of the countries in which EDP is currently present: Portugal, Spain, Brazil, the United States and France. For the Energy of Tomorrow

clearly demonstrates what EDP is today: a globally positioned company with an innovative stance with, more and more, a human face. The children’s contributions were exemplary and demonstrated their pride in their parents. The new campaign was developed by the BAR agency, directed by Diamantino Filmes and produced by Caravan. Advertising space purchasing was handled by the MEC central buying office. It was shown, for the first time, to the employees at the EDP Meetings.Take a look at what went on behind the scenes...

making ofTHE NEW CAMPAIGN

DuartePinto

MateoNavarroMaddie

Peck

Maria BragaSamarah

Arpini

RomainFillâtre

Rui Cabrita, Filipa Roquette, Abdul Karim e Marta Marques, from the EDP Brand Team

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+ 150 Children signed up for the in-house casting

5 CountriesChildren from Portugal, Spain, Brazil, USA and France

4 days of shootingIn Portugal, Brazil and the United States

5 weeks on the air indifferent media:Television, Press, Radio, Internet, Movies and Outdoor

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“My delight started when I got home, talked to her and she wanted to film the sign-up video dressed in my uniform blouse. On the day of the shoot in São Paulo, she started off very shy, but after a short while she started to feel at ease. This made the shoot a fun and magical experience, completely different from anything else she had done. It was a lot of laughs. And for her, it wasn’t hard to talk about the feeling of belonging to the EDP family since

she has always identified and truly feels pride in my work. I must say that Samarah surprised me: she followed the script delightedly, joyfully and bright-eyed. Happy, very happy. Now she’s thrilled, she’s already seen the commercial countless times.It’s even motivating her at school. She’s broadened her dreams and what’s more, she’s aware of thefact that they can come true.”Cleópatra Alcântara Costa

“What I liked best was traveling by plane, I didn’t know São Paulo. I came with my mommy. I think the EDP commercial’s going to turn out really nice. It’s goingto be beautiful!” SAMARAH ARPINI, 6-year-old, daughter of Cleópatra Alcântara Costa

BRAZIL

SPAIN“I think Mateo was very spontaneous and communicative during the shoots. When we were in Lisbon, he acted completely

naturally and behaved as if he had always known the production team. All

with the innocence of a six-year-old kid, of course! For him, it was an adventure

to travel by plane for the first time in his life, travel to another country, meet new

people... It was a fantastic experience, the result is perfect, I have faith in the EDP institutional campaign. And now Mateo

feels like a mini-star at his grade school! I’m very proud of him. He looks so angelic

and cute... his younger sister, Jimena, says that next year she’s

the one who’s going to do the nextEDP TV campaign!”

Isuka Navarro Pina, Mother of Mateo Navarro

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“It was a great experience. It was the first time I made a commercial. I also liked being photographed. At the beginning I was relatively nervous, but I think it turned out good.” DUARTE MOTA PINTO, 7-years-old, son of Carlos Mota Pinto

“As a father, I was truly proud of the way Duarte took this challenge seriously. He behaved like a perfect ‘grown–up’, always very ready and in a good mood. Despite a little initial anxiety, the team guiding him during the shoots turned the morning into an unforgettable experience for Duarte. In addition to having a great time, he’s very happy to see himself just about everywhere. And he tells anyone who’ll listen that his dad is actually helping to create the most intelligent city in the world.”

“This was a unique experience for Rita (Maria Braga) who experienced it to the fullest. The train ride to Lisbon, all the wardrobe and makeup prep-work, the attention and friendliness of the team taking care of her, the novelty and the professional setting of the photo session and the shooting and, last but not least, the surprise of the end result which has been viewed over and over with enthusiasm and pride by the whole family. It could not have been more enjoyable experience! As a mother (obviously a doting one), I can’t stop emphasizing the professional attitude and maturity my daughter showed. It was, without a doubt, an experience which we’ll remember at home for the rest of our lives!”Maria Inês Fernandes, mother of Maria Braga

PORTUGAL

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OFMaking

With an event of this complexity, you can’t leave anything to chance. The final product required months of preparation, withhundreds of professionals involved and a unique organizational

vision. It’s worth taking a look to see how a party of thissize is put together.

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+ 300 peopleAn event management team

8.000 employeesOver the three days

7 monthsTo prepare the events

143,700Items of cutlery, plates and dishes

47 companiesPartners

Biggest screen ever80 meters by 10 meters - global energy, leader in value creation

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88 busesTo transport employees from far away

A team of + 30 peopleEmployees from EDP Valor’s HumanResources Platform; from Top-LevelHuman Resources, coordinated by theBrand and Communication Department.

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Lisbon• 400 kW

• 600 Amperes/Phase

• 5 HD Video Projectors w/ 35,000 Ansi Lumens

• 14 km of cabling

Porto• 300 kW

• 450 Amperes/Phase

• 5 HD Video Projectors w/ 12,000 Ansi Lumens

• 10 km of cabling

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SPECIAL meetings in spain

Three places, three cities, one common history: WE ARE EDP. This was the theme at all the Iberian Peninsula Meetings.In Spain, the chairman told the story of the the company. The injection of capital into HC Energía, the importance that renewable energies already had at the time, how growth proceeded from Neo to what is now EDP Renováveis and the strong growth of gas in the business portfolio, turning the EDP Group into the sector’s most integrated company in the

country. There was time to revisit the Group’s history as well as to celebratethe work in which EDP has been actively engaged on the path to the future.Antonio Maceda, a player in Spain’snational soccer team, Juan Manuel López Iturriaga, a basketball player and a flash mob professional in Madrid lententertaining touches to these meetingsin which socialization among colleagues was one of the strong points for sharing experiences and future projects.

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Asturias

Bilbao

Madrid

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The building designed by Brazilian architect Oscar Niemeyer, built in Avilez, formed as the stage for the EDP Group meetings in Asturias, which various employees of HC Energy and Naturgas Energia attended.In keeping with tradition, these Meetings were used to bring the teams together, take stock of the results and objectives, talk about the successes achieved and analyze what needs to be improved. This year’s edition was inaugurated by Manuel Menéndez, chairman of HC Energía. Next, António Mexia, chairmanof the board of EDP, showed Group’s position in the current economy, now totally globalized, to all the employeesand set the objectives for the future. Miguel Stilwell D’Andrade, deputy CEOof HC Energía, explained to the employees how these changes translate into the Spanish context, against the backdrop

of the economic crisis and slowdownof renewable energies.The special guest at this edition was the former soccer player Antonio Maceda, a personality who achieved the highest level in his sport, in which he faced great challenges. Spain’s 12-1 victory over Malta, when the Spaniards needed a difference of 11 points to qualify for the Euro will remain forever etched in memory. The challenge was almost insurmountable, but thanks to team work and a planned strategy adapted to the circumstances, the team managed to achieve its goal. But this victory was to a large extent only possible because there were 11 leaders on the field all rowing in the same direction. Once again, it was clear that a company’s situation is not built based solely on numbers, but, rather, first and foremost on human beings. After all, the numbers never manage to obscure a company’s human capital.

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Asturias• 1,149 guests• 11 buses• 41 award winners in 7 initiatives• 20 kW of sound• 60 kW of lighting• 50 m2 de screen• 25-person setup team• 6 television cameras• 3 photographers• 3 reporters• 12 promoters• 50-person catering team

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• Merit award for the Team that worked on reclaiming the Priañes Hydroelectric Plant | Benigno Ordóñez, José Luis Prida, Dimas Fernández, José Luis de Arriba, José Antonio Marrón, Luis Álvarez, José Manuel Viejo, Julio Armando Rodríguez, Antolín Fernández, Isaac Cuervo, José Francisco Prendes, Ángel Álvarez, Marino Vigil, Jesús Hidalgo and Francisco Javier Rodríguez After the floods which occurred on June 16th, 2010, the team’s efforts made it possible to put the plant into operation in record time. With two months, the first of the plant’s three generators was already generating energy.

• Merit award for the team which was able to reclaim the Sinova plant in Soria Roberto Sagrado, Juan Jesús García, Manuel Baragaño, Jorge Fernández, José Luis Izquierdo, Reyes Sala, Sergio Mateo and Ángel Serrano. A storm which caused damage to the primary transformer could have put the plant out of commission for four months. The cooperation of the Cogeneration and Waste; and Distribution and Generation areas made it possible for the plant to start generating energy again in just two weeks, thus avoiding a serious environmental problem.

• Merit award for the team which managed the new Salas 400/132 kV, Romio 132 kV and El Musel 132 kV substations project | Álvaro Rodríguez; Manuel Rodríguez; Daniel González-Lamuño; Javier Busta; Jesús Fernández and Cristina Lobo Last year, the company had to deal with a large number of grid installation systems under the company’s Master Plan and Wind Power Plan in Asturias. All of the development phases were managed jointly by the Departments of Grids and Projects, with small, high quality, teams, deadlines being met, and in safety.

• Merit award | Carmen Echevarría For her efforts in the work related to the solidarity projects and obtaining “Family-Friendly Company” certification. In the Human Resources Department, Carmen works hard on developing these initiatives at HC Energía.

• Merit award to the Sitel team | Ignacio Blanco Rodríguez and Rubén López García This team implemented a system capable of remotely managing customer meters. They now provide better service to customers in real time and thus opened up a world of possibilities for future implementation of the intelligent grid by maximizing synergies, thanks to reuse of the technical advances developed in Portugal in the field of intelligent grids.

• Merit award | Óscar Álvarez For construction the Assets Directory at GIS, HC Energía, since 2000, which culminated in the opening of the Geographic Information System interface, the sole Distribution assets database, connected to the other applications. A milestone in Distribution Information Systems. And thus another step in the information integration of HC Energía Distribution has been completed.

• Merit award to the Viva a Nossa Energia | Sandra Ablanedo, Ana Álvarez, Rosana Álvarez, Susana Cima, Ana Fernández, Carmen Fernández, Alfredo Menéndez and Alberto Tamargo A working group composed of people from different fields - Marketing, Communication and Sustainability - working for HC Energía and Naturgas Energía, in conjunction with EDP Group’s Brand and Communication Department which launched the Viva a Nossa Energía [Long Live our Energy] educational project. In its first year, more than 36,000 schools in Asturias and the Basque Country participated in the initiative. During this school year, the program was also extended to Murcia and Madrid. 60,000 children have already become familiar with the program’s characters.

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The Naturgas Energía Meeting, held on26 April at the Bilbao Exhibition Center,was attended by 400 Group employees. This high point for the company included the participation of Manuel Menéndez of Naturgas Energía and HC Energía, Massimo Rossini, managing director of NaturgasEnergía, Miguel Stilwell D’Andrade, CEOof HC Energía and António Mexia, executive chairman of the EDP Group. It was a day full of surprises. Verónica Bretes, a

well-known radio host in Bilbao, wasthe presenter. To deal with the topicof communication and teamwork, a fundamental pillar of the EDP Group, a special speaker was invited who met with great acclaim: Juan Manuel López Iturriaga, a famous former basketballplayer from the Spanish national teamand Real Madrid. A day full of interestingissues, all well-received by all theattendees.

TECHNICAL STAFF• Room lighting: 13,000W• Event lighting: 18,000W• Sound 2,200W• 32 People involved in designing the Meeting

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Bilbao

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• “Viva Nuestra Energía” [Long Live our Energy] award | Idoia Arana, Idoia González, Iñaki Villa and Gorka Etxaburu Team members who developed the “Viva Nuestra Energía” program, made up of people from Marketing, Communication and Sustainability at Naturgas Energía and HC Energía. The program started in the 2010-2011 school year and has already spread the word about renewable energies, non-renewable energies, sustainability and efficiency to more than 36,000 children aged 6 to 10 in Asturias, the Basque Country, Murcia and Madrid. This activity is ongoing and is slated for expansion to Cantabria. • Solidarity Project | Solidarity Campaign in Lorca (Madrid) After the earthquake which devastated the municipality of Lorca, Naturagas Energía felt the need to undertake solidarity activities and campaigns to help the population’s recovery. Creation of a mini-theme park for those most affected, the children, with various games and activities developed by volunteers from Naturgas Energía and HC Energía. More than 2,000 children took advantage of these activities, in which 28 volunteers were involved.

• Individual Volunteering Awards | Gorka Etxaburu For his work at the Cáritas Bizkaia institution, teaching children with social and integration problems in the centre of Atxuri.

• Individual Volunteering Awards | Josune Tellería Colabora with Cáritas Gipuzkoa, who organized, checked and labeled clothing for subsequent distribution.

• B2C Marketing and Sales Award | Idoia González, Beatriz Fuentes, Iratxe Gañán, Miguel Angel Grande, Iñaki Zorrilla, Mónica Hernando, Alfonso García, Miguel Angel García, Ramón París, Javier Díez and Manuel Lobo This award was given to the B2C Marketing and Sales team for acquiring electricity customers and being the dual offer leaders in the Basque Country.

• PVSS Technology Project Award | Raquel Abad and Arturo Llorente Were honored for their dedication to implementing the Siemens PVSS platform which first made it possible to integrate the four previous real-time data management systems into a single SCADA system.

• Individual Merit Award - REGULATED MARKET | Aida Heras For her drive and dedication to process improvement actions and coordination among different areas, which is improving the efficiency of tracking mechanisms for key regulated business processes.

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The Zalacaín complex in Pozuelo de Alarcón was the venue selected to receive theEDP Renováveis, HC Energía and Naturgas employees in the Spanish capital. Thefamous Spanish host and actress, Remédios Cervantes, kicked off the presentation at the meeting. After her welcoming speech, Miguel Stilwell D’Andrade was the first to take the floor, analyzing the company at which he was recently appointed Chief ExecutiveOfficer. This was followed by a presentation by his predecessor and current Chief Executive Officer of EDP Renováveis, João Manso Neto. Later on, after a pleasantcoffee break on the terrace, the chairmanof the Group, António Mexia spoke to the

employees, giving them an overview ofthe Group, backed by historical references, explanations about the current situationof the Group companies, objectives and strategies for the future. The surprise came when a supposedemployee sitting among the audienceinterrupted António Mexia, asking him to summarize his presentation since shearrived late. This segued to the music and dance show in flash mob format which came as a surprise to all the employees present. Disbelieving at first, they quickly surrendered to the catchy rhythm of the actors and the session ended with a visible burstof energy and applause.

INFRASTRUCTUREStage construction and super-panoramic screen measuring 15 by 2.55 m• 4 in-line projectors w/ 10,000 Lumens (Folsom System)• 2 3m x 2m rear projection screens• 18,000 watts of light• 3,500 watts of sound

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MadridTECHNICAL STAFF• 3 sound technicians• 4 video technicians• 3 camera operators• 1 director• 3 lighting technicians• 2 multimedia technicians• 1 general manager• 1 backstage manager

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• Romanian Team | Tekin Omer For the 300 MW facility over the last two years which took EDP Renováveis into second place on the Romanian market.

• Finance Team | Ernesto Vargas The team involved with finalizing the Romanian and Spanish projects.

• Operations Team from the US | Eddie Kolitz Terry Oswald, Eddie Kolitz, Stan Kraeger and Brian Peyres.

• Volunteering Award | Antonio Hernández Noguera Participated in the LORCA Project and volunteers at the Murcia Downs Syndrome Association. This highly significant award was given to employees of Naturgas Energía, in Murcia, who, in the wake of the catastrophe in Lorca in May 2011, helped those most affected: the children.

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VENUEIn Zalacaín (La Finca)Pozuelo (Madrid).Setup and rehearsals: 2 daysEvent: 1 day

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satisfactionstudyAround 4,800 employees responded to the survey on this year’s Meetings. The results are clear:

this was the year with the highest satisfaction rates of all time.The bar is definitely set higher than ever!

Overall assessment

Contributions

Entertainment

Event duration

91%

95%

92%

96%

93%

94%

92%

94%

2010

2012

92%

96%

96%

OVERALL ASSESSMENT

26th

28th

29th

METHODOLOGY• Online questionnaire,

conducted between 2 and 13 April.• It was sent out to 7,209 employees and had a response rate of 66.7%.

EMPLOYEE ASSESSMENT*

* The figures refer to the percentage of employees who responded positively to the question, i.e. Excellent, Very Good and Good for Overall Assessment and Entertainment, Very Interesting and Interesting for Interest and Clarity of Contributions and Very Satisfied and Satisfied for the Event Duration.

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