Announcement

Madrid, March 28th 2018: EDP Renováveis, S.A. (“EDPR”) announces that yesterday, March 27th 2018, received a notification from Axxion, SA, Moneta Asset Management and Massachusetts Financial Services Company, announcing the establishment of a group of shareholders with the objective of exercising the right to proportional representation in accordance with article 243 of the "Ley de Sociedades de Capital". The entities mentioned above are managers of funds holding a total of 52,381,868 shares, representing 6.0039% of EDPR's share capital.



The referred group of shareholders intends to exercise the right to the proportional appointment of a member of the Board of Directors of EDPR at the next Annual General Meeting scheduled for April 3rd, 2018, or other subsequent in the event that the appointment of proportional representation does not occur at this time for whatever reasons.





EDP Renováveis, S.A.