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2021SP007456 REV ENG IPE CTEEP 1ªITR 2021.Docx ITR - Interim Financial Information - 03/31/2021 - CTEEP - CIA TRANSMISSÃO ENERGIA ELÉTRICA Version: 1 PAULISTA Contents Company Information Shareholding Structure 1 Individual Financial Statements Statement of Financial Position - Assets 2 Statement of Financial Position - Liabilities Statement of Profit and Loss 5 Statement of Comprehensive Income 6 Statement of Cash Flows 7 Statements of Changes in Equity 01/01/2021 to 03/31/2021 9 01/01/2020 to 03/31/2020 10 Statement of Value Added 11 Consolidated Financial Statements Statement of Financial Position - Assets 12 Statement of Financial Position - Liabilities 13 Statement of Profit and Loss 15 Statement of Comprehensive Income 16 Statement of Cash Flows 17 Statements of Changes in Equity 01/01/2021 to 03/31/2021 19 01/01/2020 to 03/31/2020 20 Statement of Value Added 21 Performance Comments 22 Notes to the Interim Financial Information 27 95 Opinions and Representations 103 Opinion of the Supervisory Board or Equivalent Body 105 Opinion or Summary Report, if any, of the Audit Committee (statutory or not) 106 Management’s Representation on the Interim Financial Information 107 Management’s Representation on the Independent Auditor’s Review Report 108 ITR - Interim Financial Information - 03/31/2021 - CTEEP - CIA TRANSMISSÃO ENERGIA ELÉTRICA Version: 1 PAULISTA Company Information / Shareholding Structure Number of Shares Current Quarter (Units) 03/31/2021 In paid-in capital Common shares 257,937,732 Preferred shares 400,945,572 Total 658,883,304 Shares held in Treasury Common shares 0 Preferred shares 0 Total 0 PAGE: 1 of 108 ITR - Interim Financial Information - 03/31/2021 - CTEEP - CIA TRANSMISSÃO ENERGIA ELÉTRICA Version: 1 PAULISTA Individual Interim Financial Information / Statement of Financial Position - Assets (R$ thousand) Account Account Description Current Quarter Prior year Code 03/31/2021 12/31/2020 1 Total assets 24,352,392 23,595,377 1.01 Current assets 3,554,273 4,783,000 1.01.01 Cash and cash equivalents 711,387 2,020,119 1.01.02 Short-term investments 69,569 51,787 1.01.02.01 Short-term investments at fair value through profit or loss 69,569 51,787 1.01.02.01.03 Short-term investments 69,569 51,787 1.01.03 Trade receivables 2,550,680 2,533,173 1.01.03.01 Trade receivables 2,550,680 2,533,173 1.01.03.01.01 Concession asset 2,550,680 2,533,173 1.01.04 Inventories 40,454 41,993 1.01.06 Recoverable taxes 57,576 26,411 1.01.06.01 Current recoverable taxes 57,576 26,411 1.01.06.01.01 Recoverable taxes 57,576 26,411 1.01.07 Prepaid expenses 35,892 6,060 1.01.08 Other current assets 88,715 103,457 1.01.08.03 Other 88,715 103,457 1.01.08.03.02 Restricted cash 3,873 1,808 1.01.08.03.03 Receivables from related parties 22,430 30,426 1.01.08.03.04 Other 62,412 71,223 1.02 Noncurrent assets 20,798,119 18,812,377 1.02.01 Long-term assets 12,624,225 12,653,551 1.02.01.04 Trade receivables 10,628,389 10,702,388 1.02.01.04.01 Concession asset 10,628,389 10,702,388 1.02.01.05 Inventories 1,365 1,103 1.02.01.10 Other noncurrent assets 1,994,471 1,950,060 1.02.01.10.03 Receivables - Finance Department 1,821,503 1,778,999 1.02.01.10.04 Sureties and escrow deposits 44,151 44,070 1.02.01.10.07 Restricted cash 14,690 16,681 1.02.01.10.08 Other 114,127 110,310 1.02.02 Investments 8,072,630 6,055,385 1.02.02.01 Equity interests 8,072,630 6,055,385 1.02.02.01.02 Equity interests in subsidiaries 5,071,452 3,197,383 1.02.02.01.03 Equity interests in jointly controlled entities 3,001,178 2,858,002 1.02.03 Property and equipment 88,381 91,184 1.02.03.01 Property and equipment in use 88,381 91,184 1.02.04 Intangible assets 12,883 12,257 1.02.04.01 Intangible assets 12,883 12,257 1.02.04.01.02 Intangible assets 12,883 12,257 PAGE: 2 of 108 ITR - Interim Financial Information - 03/31/2021 - CTEEP - CIA TRANSMISSÃO ENERGIA ELÉTRICA Version: 1 PAULISTA Individual Interim Financial Information / Statement of Financial Position - Liabilities (R$ thousand) Account Account Description Current Quarter Prior Year Code 03/31/2021 12/31/2020 2 Total liabilities 24,352,392 23,595,377 2.01 Current liabilities 1,748,550 1,233,267 2.01.02 Trade payables 47,268 75,332 2.01.02.01 Domestic suppliers 47,268 75,332 2.01.03 Taxes payable 220,031 248,449 2.01.03.01 Taxes payable - Federal 220,031 248,449 2.01.03.01.02 Taxes and payroll charges payable 220,031 248,449 2.01.04 Borrowings and financing 306,420 280,881 2.01.04.01 Borrowings and financing 53,307 54,330 2.01.04.01.01 In local currency 53,307 54,330 2.01.04.02 Debentures 245,489 217,948 2.01.04.03 Financing - Leases 7,624 8,603 2.01.04.03.01 Leases 7,624 8,603 2.01.05 Other payables 1,138,619 583,511 2.01.05.02 Other 1,138,619 583,511 2.01.05.02.01 Dividends and interest on capital payable 1,068,548 500,513 2.01.05.02.04 Payables - Vivest 855 871 2.01.05.02.05 Regulatory charges payable 41,870 47,390 2.01.05.02.07 Other 27,346 34,737 2.01.06 Provisions 36,212 45,094 2.01.06.01 Provisions for social security, labor and civil risks 36,212 45,094 2.01.06.01.03 Accrued employee benefits 36,212 45,094 2.02 Noncurrent liabilities 9,296,061 8,607,827 2.02.01 Borrowings and financing 4,702,507 4,012,977 2.02.01.01 Borrowings and financing 996,777 1,008,447 2.02.01.01.01 In local currency 996,777 1,008,447 2.02.01.02 Debentures 3,664,357 2,961,318 2.02.01.03 Financing - Leases 41,373 43,212 2.02.01.03.01 Leases 41,373 43,212 2.02.02 Other payables 489,387 516,956 2.02.02.02 Other 489,387 516,956 2.02.02.02.04 Global Reversal Reserve (RGR) 13,512 14,132 2.02.02.02.06 Regulatory charges payable 45,176 43,222 2.02.02.02.08 Employee benefits - actuarial deficit 394,078 381,977 2.02.02.02.09 Other 36,621 77,625 2.02.03 Deferred taxes 4,005,261 4,020,500 2.02.03.01 Deferred income tax and social contribution 4,005,261 4,020,500 2.02.03.01.01 Deferred PIS and COFINS (taxes on revenue) 1,176,101 1,181,747 2.02.03.01.02 Deferred income tax and social contribution 2,829,160 2,838,753 2.02.04 Provisions 98,906 57,394 2.02.04.01 Provisions for social security, labor and civil risks 98,906 57,394 2.02.04.01.06 Provisions 98,906 57,394 2.03 Equity 13,307,781 13,754,283 2.03.01 Realized capital 3,590,020 3,590,020 2.03.02 Capital reserves 666 666 2.03.02.02 Special goodwill reserve - merger 588 588 PAGE: 3 of 108 ITR - Interim Financial Information - 03/31/2021 - CTEEP - CIA TRANSMISSÃO ENERGIA ELÉTRICA Version: 1 PAULISTA Individual Interim Financial Information / Statement of Financial Position - Liabilities (R$ thousand) Account Account Description Current Quarter Prior Year Code 03/31/2021 12/31/2020 2.03.02.07 Investment grants - CRC 78 78 2.03.04 Earnings reserves 9,332,529 10,388,142 2.03.04.01 Legal reserve 718,004 718,004 2.03.04.02 Statutory reserve 1,862,804 1,862,804 2.03.04.05 Earnings retention reserve 266,149 797,312 2.03.04.08 Proposed additional dividends 0 524,450 2.03.04.10 Unrealized special earnings reserve 6,485,572 6,485,572 2.03.05 Retained earnings/Accumulated losses 582,624 0 2.03.08 Other comprehensive income -198,058 -224,545 2.03.08.01 Financial instrument adjustment 42,618 16,131 2.03.08.02 Actuarial surplus (deficit) -240,676 -240,676 PAGE: 4 of 108 ITR - Interim Financial Information - 03/31/2021 - CTEEP - CIA TRANSMISSÃO ENERGIA ELÉTRICA Version: 1 PAULISTA Individual Interim Financial Information / Statement of Profit and Loss (R$ thousand) Account Account Description Year to Date - Current Year Year to Date - Prior Year Code 01/01/2021 to 01/01/2020 to 03/31/2021 03/31/2020 3.01 Revenue from sales and/or services 774,423 582,577 3.01.01 Revenue from infra, operation and maintenance, 318,575 228,966 efficiency gain on infra implementation and other, net 3.01.02 Compensation from concession assets, net 455,848 353,611 3.02 Cost of sales and/or services -151,994 -96,521 3.02.01 Costs on infrastructure implementation and operation and -151,994 -96,521 maintenance services 3.03 Gross revenue 622,429 486,056 3.04 Operating income/ (expenses) 232,208 214,731 3.04.02 General and administrative expenses -43,925 -34,078 3.04.02.01 Management fees -4,381 -3,215 3.04.02.02 Other general and administrative expenses -39,544 -30,863 3.04.04 Other operating income 343 4,895 3.04.05 Other operating expenses -3,370 -722 3.04.06 Share of profit of investees 279,160 244,636 3.05 Profit from operations before finance income (costs) and taxes 854,637 700,787 3.06 Finance income (costs) -113,308 -60,166 3.06.01 Finance income 17,188 177,503 3.06.02 Finance costs -130,496 -237,669 3.07 Profit before taxes on income 741,329 640,621 3.08 Income tax and social contribution -158,705 -134,038 3.08.01 Current -168,298 -75,865 3.08.02 Deferred 9,593 -58,173 3.09 Profit from continuing operations 582,624 506,583 3.11 Profit/loss for the period 582,624 506,583 3.99 Earnings per share (R$/share) 3.99.01 Basic earnings per share 3.99.01.01 Common share 0.88426 0.76885 3.99.01.02 Preferred share 0.88426 0.76885 3.99.02 Diluted earnings per share 3.99.02.01 Common share 0.88420 0.76879 3.99.02.02 Preferred share 0.88420 0.76879 PAGE: 5 of 108 ITR - Interim Financial Information - 03/31/2021 - CTEEP - CIA TRANSMISSÃO ENERGIA ELÉTRICA Version: 1 PAULISTA Individual Interim Financial Information / Statement of Comprehensive Income (R$ thousand) Account Account Description Year to Date - Current Year Year to Date - Prior Year Code 01/01/2021 to 01/01/2020 to 03/31/2021 03/31/2020 4.01 Profit for the period 582.624 506.583 4.02 Other comprehensive income 26.487 32.439 4.02.03 Adjustment - subsidiaries’ financial instruments 26.977 33.473 under the equity method 4.02.04 Deferred
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