Earnings release
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OPE 4020/2020 CPFL Results ✓ Load in the concession area : + 2.6 % in 4Q20 and -1.7 % in 2020 ✓ EBITDA of R $ 1,921 million ( + 10.4 % ) in 4Q20 and R $ 6,780 million ( + 6.0 % ) in 2020 ✓ ✓ Net Income of R $ 989 million ( + 15.5 % ) in 4Q20 and R $ 3,707 million ( + 34.9 % ) in 2020 Net Debt of R $ 15.7 billion and leverage of 2.19x Net Debt / EBITDA¹ Conclusion of the plan of CPFL Renováveis ' integration to CPFL Energia Group ✓ Solution for the GSF in the free market , in the amount of R $ 140 million ( impact on EBITDA in 2020 ) ✓ Investments of R $ 880 million ( + 30.9 % ) in 4Q20 and R $ 2,808 million ( + 24.6 % ) in 2020 ✓ Management Proposal of dividends in the amount of R $ 1,731 million , R $ 1.50 / share ✓ SAIDI and SAIFI of all discos are below ANEEL limits ✓ ✓ Positive tariff adjustments for parcel B , reflecting the impact of the IGP - M and investments in RAB Gameleira Wind Complex entry into operation as of 2Q21 , 2.5 years before Aneel's official deadline Entry of CPFL Energia's shares in the Ibovespa , MSCI , ISE , ICO2 indexes and in Santander's ESG portfolio CPFL Energia was recognized by Credit Suisse , in its Global ESG Report , as one of its analysts ' favorite shares Release of 2020-2024 Sustainability Plan and entry into the " Liderança com Impacto " Program with UN Global Compact Network Brazil ( SDG 3 - Good health and well - being ) Pilot Project of electrification of operational fleet in Indaiatuba - SP CPFL Energia is part of CDP's Supplier Engagement Leaderboard CPFE B3 LISTED NM CPFL ENERGIA Video Conference with Simultaneous Translation into English ( Bilingual Q & A ) Friday , March 26 , 2021 - 11:00 a.m. ( BRT ) , 10:00 a.m. ( ET ) Zoom platform - link to access : https://zoom.us/webinar/register/WN OXMNayyBTKOMbpTuQh7AkA Investor Relations ( +55 ) 19 3756.8458 / 8887 ri@cpfl.com.br www.cpfl.com.br/ir IBOVESPA B3 IBRX B3 IEE B3 ISE B3 ICO2 B3 IGC B3 ITAG B3 CPFL ENERGIA