Universal Registration Document 2021

Reporting

Effective management of funds

The funds raised in May 2021 have been invested in a dedicated portfolio of cash assets, pending the identification of Eligible Projects.

Effective allocation of proceeds

As at 31 December 2021, all of the funds raised in May 2021 in the amount of €1.25 billion in the context of EDF’s social hybrid bond issue have been allocated to Eligible Projects.

Impact of financed Eligible Projects

EDF is able to estimate the impact (number of jobs) on the target population by using the following calculation: ^{(1) (2)}

• number of jobs per business sector/Amount of total production for each business sector (in EUR) = Ratio (per business sector);
• ratio x CAPEX purchase amount = Number of employees needed by SMEs to fulfil their contract with EDF.

The table below sets out three main impacts associated with the Eligible Projects that received financing from the hybrid social bond issue:

• the amounts invested in Eligible Projects by EDF;
• the number of SMEs concerned by these Eligible Projects;
• the number of jobs in these SMEs needed to carry out their contract with EDF This number is calculated from the ratio: number of jobs/amount of production for the business sector.

INVESTMENTS MADE BY EDF GROUP (in millions of euros)

(1) Nuclear & Thermal Fleet Department (DPNT) and New Nuclear Projects & Engineering Department (DIPNN) only.

(2) Enedis and EDF SEI’s power grids only.

(1) Based on the input-output economic model and a methodology developed by Goodwill Management for the study of EDF SA’s employment footprint (see section 3.4.2.1.3 “Examples of its contribution to
territorial development through employment” in EDF’s 2020 URD).

(2) More details can be found on the EDF group website dedicated to sustainable finance https://www.edf.fr/groupe-edf/espaces-dedies/investisseurs-actionnaires/espace-obligataire/finance-durable