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MILESTONES IN 2016

MAIN REN GROUP EVENTS

Highlights of the main REN events in 2016 contributing to the success of our energy.

INVESTOR APP FOR MOBILE DEVICES
  • REN launches app for investors and the media which facilitates access to all company information combined on a single platform, allowing real-time monitoring of company performance.

CIGRÉ PORTUGAL ANNUAL MEETING
  • REN hosts the CIGRÉ Portugal Annual Meeting which was attended by Konstantin Staschus, General-Secretary of ENTSO-E, João Torres, Chairman of EDSO, and Pablo Rodríguez Herrerías, Secretary of CIGRÉ Spain

MANUEL CHAMPALIMAUD SUSPENDED FROM DUTIES
  • Mr. Manuel Champalimaud sends the Chairman of the REN Audit Committee a request to temporarily suspend his duties as a director, and at an extraordinary meeting of the Audit Committee, Mr. Manuel Champalimaud’s duties as a member of the REN Board of Directors were duly suspended with immediate e ect.

REN TERMINAL IN SINES PIONEER IN THE RECEPTION OF NORTH AMERICAN LIQUEFIED NATURAL GAS
  • Lifting of the temporary suspension of duties on Mr. Manuel Champalimaud as member of the REN Board of Directors, given that the incompatibility with rules relating to the unbundling  of electricity and natural gas transmission had been overcome.

  • The Capital Group Companies, Inc. acquired a quali ed position corresponding to 2.0711% of REN share capital.

  • The company Gestmin and Mr. Manuel Champalimaud sell their holdings in REN. With this sale, Gestmin’s quali ed holdings now correspond to 2.72%  of REN SGPS capital and Mr. Manuel Champalimaud disposes of all the shares he held in REN.

  • Mr. Manuel Champalimaud submits his resignation as a member of the REN Board of Directors to the Chairman.

  • REN’s Sines Terminal becomes rst in Europe to receive North American lique ed natural gas (LNG).

1ST PLACE MOST ATTRACTIVE EMPLOYERS IN PORTUGAL
  • The company reaches rest place in the rankings for the “Most Attractive Employers in Portugal” 2016. This ranking shows which companies are most attractive to university students setting out on their careers.

  • The Capital Group Companies, Inc. reaches direct and indirect holdings in REN corresponding to 5.0173% of share capital and voting rights.

  • Gestmin now holds 2.35% of REN share capital and voting rights.

  • REN plants approximately 54,000 native trees in an area of 190 ha in the Castelo Branco district, in line with the company’s sustainability strategy.

  • REN once again appears among the best TSOs worldwide in the 2015 edition of ITOMS (International Transmission Operations and Maintenance Study).

 

21 000 TREES PLANTED REFORESTING PROGRAMMES
  • REN issued a new bond issue in the amount of 550 million euros with an associated coupon of 1.750% and maturity in 2023. This issue allowed the refinancing through an Exchange O er, of around 137.2 million euros of the total issue of 300 million euros with maturity in 2018 and an associated coupon of 4.125% and 132.2 million euros of the total issue of 400 million euros with maturity in 2020 and an associated coupon of 4.750%.

  • The 2014 REN Annual Report wins the silver award at the Festival of the Creative Club of Portugal 2016, in the “Digital and Interactive” category.

  • REN continues with its reforesting programme with a series of actions, planting around 21,000 native trees in the Braga and Viana do Castelo districts.

  • The REN app for investors and the media wins rst place in the “Mobile Media/App” category at the Questar Awards 2016.

  • At the National Natural Gas Dispatch Centre, REN hosts the visit of the Moroccan delegation which included the Moroccan Minister of Energy, Mines, Water and Environment, Mr. Abdelkader Amara, the Secretary-General of the Ministry of Energy, Mines, Water and Environment, Mr. Abderrahim El Ha di, the Director-General of the National O ce of Electricity and Drinking Water, Mr. Ali Fassi Fihri, and the Secretary of State for Energy from the Portuguese government, Mr. Jorge Seguro Sanches.

  • REN wins Grand Prix for best overall investor relations in the category of small cap, at the IR Magazine Awards - Europe. REN also short-listed in the category of “Best Use of Multimedia for IR” for the REN app for investors and the media.

  • Facility agreement granted by the Bank of China to REN extended to 2021 and the maximum commitment is increased to 250 million euros.

  • The Energy Services Regulator (ERSE) publishes the nal document on the allowed revenues for the gas year of 2016-2017 and regulatory parameters for the gas period of 2016-2017 to 2018-2019 for regulated companies in the natural gas sector.

  • REN among the best European TSOs participating in the GTBI (Gas transmission Benchmarking Initiative), falling within the best indicators in the 1st quartile.

  • REN Asset Management wins the ITOMS award for “Best Presentation” for its work on the “Asset Status Indicator”.

BEST REPORT & ACCOUNTS REN WINS AT THE IRGA AWARDS
  • The 2015 REN Annual Report receives an honourable mention at the Investor Relations & Governance Awards (IRGA) 2016, in the category of “Best Report and Accounts - Non-Financial Sector”.

  • The REN Initiative “Heróis de Toda a Espécie”, which aims to raise awareness among young people about the importance of protecting biodiversity, preserving Portuguese forests and animals and plants, receives an honourable mention  in the “Community” category at the APEE awards for Recognition of Social Responsibility Practices (RSRP).

  • Gestmin, SGPS, S.A. no longer has a quali ed shareholding in REN share capital, having disposed of 656,713 ordinary REN shares, representing 0.12% of share capital. Gestmin’s holdings are now 10,230,922 shares representing 1.92% of REN voting rights and REN share capital.

FACIM REN ATTENDS THE FACIM RAIR
  • REN attends the 52nd edition of the Maputo International Trade Fair (FACIM).

R&D NESTER JOINS SUSCITY PROJECT
  • REN wins silver at the Best in Biz Awards, in the “Best Place to Work” category.

  • The REN app for investors and the media nominated as “Best in Class”, in the “Investor Relations” category at the Interactive Media Awards.

  • R&D Nester, an R&D Centre created by REN and the State Grid Corporation of China, attends the second edition of the Photovoltaic Fair in Morocco.

  • REN attends the Global Energy Interconnection Forum held in Beijing, with a view to promoting the development of global energy interconnections.

  • R&D Nester joins the “SusCity project: Modelling of urban systems to promote creative and sustainable transitions” under the MIT Portugal Programme.

ONE OF THE BEST COMPANIES TO WORK FOR IN PORTUGAL
  • Great-West Lifeco, Inc. reaches indirect quali ed holdings in REN corresponding to 2.056% of share capital and voting rights.

  • REN issues 200 million euros in euro bonds, corresponding to the 2nd phase of the bond issue started in February 2015. As with the 1st phase, this phase matures on 12 February 2025, with an interest rate corresponding to the mid swap rate for the maturity period, plus 1.35%.

  • REN considered one of the best companies to work for in Portugal, in the study “Most Attractive Employers in Portugal”, conducted by the School of Economy and Management at the University of Minho and the Spark Agency.

  • MSCI ESG Research, one of the most important research centres for institutional investors worldwide, gives REN a rating of A in environmental, social, and governance performance (ESG).

  • REN chairman part of Portuguese Prime Minister’s delegation to China on 9 and 10 October.

TSOs MEETING IN BUCELAS
  • REN wins Gold for online Annual Report, Silver for the Sustainability Report and Bronze for the app for investors and the media at the iNOVA Awards.

  • REN hosts the nal meeting, in Bucelas, of European natural gas TSOs in the GTBI (Gas Transmission Benchmarking Initiative), where REN Gasodutos  once again features among the best TSOs in Europe in 2016.

  • REN hosts the 53rd IESOE meeting (Electricity Interconnection in South-Western Europe), in Lisbon.

  • The 21st edition of the REN Award attended by Mr. Dominique Ristori, Director-General of Energy at the European Commission, as a guest of honour to talk on the subject of “Energy: The new challenges for Europe”.

ELETROGAS S.A. REN SIGNS CONTRACT
  • At the APCE 2016 Grand Prix, REN wins awards for Best Intranet and Best Annual Report as well as the FEIEA (European Association for Internal Communication) Grand Prix Award, while also reaching second place with the Intranet in the category of “Best Internal Communication Strategy”.

  • REN signs agreement with ENEL Generación Chile S.A, to acquire holdings of 42.5% in Electrogas S.A., a natural gas transmission company in Chile.

  • REN wins 2nd place at the Healthy Workplaces Awards in the “Major Company” category.

  • The REN 2015 Annual Report wins bronze at the Lusophone Creativity Awards in the “Digital” category.

  • REN renews its commitment to the Company Forum for Sex Equality (IGEN), where the company has been a member since 2014.