Dividends

Neoenergia’ s Dividend Payment Policy considers the following guidelines:

(i) If the indicator [proportional Net Debt/Proportional CVAs Adjusted EBITDA] is equal or higher than 3.5 in the current year: pay within the year a maximum between (1) 35% of the year Net Profit and (2) the lower value between R$ 300 million and 100% of Net Profit.

(ii) If the indicator [proportional Net Debt/Proportional CVAs Adjusted EBITDA] is between 3.5 and 2.5 in the current year: pay the maximum between (1) 50% of the year Net Profit and (2) R$ 300 million.

(iIi) If the indicator [proportional Net Debt/Proportional CVAs Adjusted EBITDA] is lower than 2.5 in the current year: pay the maximum between (1) 75% of the year Net Profit and (2) R$ 300 million.

The payment record is as follows:

 

Base Year Event Payment Date Amount in R$ Unit Amount per Share(R$)
2019 Interest on equity – 1st semester ​Until 08/30/2019 338,000,000.00 0.2784649582
Interest on equity – 1Q ​02/27/2019 363,146,000.00 0.2991817625
2018 Complementary Dividends 12/18/2018 200,555,931.39 0.1652301747
Minimum Dividends 12/18/2018 99,444,068.61 0.0819280722
Interim Dividends 11/14/2018 66,000,000.00 0.0543748143
Interest on equity – 1Q 08/01/2018 159,216,000.00 0.1311718248