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Insider Dealings

According to the n.º 5 of the article 447º of the Company Code, EDP communicats regularly on its Company Reports, information regarding the trading of shares hold or held by the members of the Group's social bodies. EDP is committed to act in light of the highest integrity, honesty and transparency standards.

The directors, managers and employees who have the access to privileged information, not released yet and considered to have a potential material impact in the share price of EDP and/or other group's company, namely and amongst others estimates, acquisitions or relevant partnerships, changes on material contacts, can not, before its release:

> Pass that information to third parties;

> Trade securities of the EDP Group companies, of strategic partners or securities of the companies involved in transaction or with a relationship with the Group which may result in a mandatory release.


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Code of Ethics