: annexes :on 30th June 2006, and reappointed on 15th April2009 and 20th February 2012.António Fernando Melo Martins da Costa. Hewas born n 113th December 1954. He was bornin Oporto, Portugal on December 13th, 1954. Heholds a degree in Civil Engineering from Faculdadede Engenharia do Porto (1976) and a MBA fromEscola de Gestão do Porto (1989). He also hascomplementary Executive degrees from INSEAD(Fontainbleau, France – 1995), PADE from AESE(Lisbon, 2000) and the Advanced ManagementProgram from Wharton School (Philadelphia,USA – 2003). He was a Teacher’s Assistant atthe Instituto Superior de Engenharia do Portobetween 1976 and 1989. In 1981 he joined theHydro Generation department at <strong>EDP</strong>. In 1989 hemoved to the financial sector, where he becameGeneral Director at the Millennium BCP Bank,and Executive Board Member of BCP’s Insurance,Pensions and Assets Management companies.Between 1999 and 2002 he was Executive Directorof Eureko BV (The Netherlands), President ofEureko Polska (Poland) and Vice-President ofPZU (the largest insurance company in Poland).In 2003 he was the President of the PortugueseAssociation of Investment Funds (APFIN). Hewas the CEO and Vice-Chairman of the Board ofDirectors of <strong>EDP</strong> – Energias do Brasil between2003 and 2007, and Chairman of the Board ofDirectors of its subsidiaries. During this period,he also held positions as Vice-President of thePortuguese Chamber of Commerce in Braziland President of the Brazilian Association ofElectricity Distribution companies. In 2005 hewas awarded the prize of Executive of the Yearby the publication Valor Económico. Since 2006he has been a Member of the Executive Board of<strong>EDP</strong>. In 2007, he assumed functions as Chairmanand CEO of Horizon Wind Energy in the USA,being also a Member of the Executive Board of<strong>EDP</strong> Renováveis, from 2008 until 2011. In 2009,he was appointed CEO of <strong>EDP</strong> Internacional andof <strong>EDP</strong> Soluções Comerciais, while maintainingresponsibilities for <strong>EDP</strong> Distribuição at <strong>EDP</strong>’sExecutive Board level.He is a Founding Member ofthe Portuguese Institute for Corporate Governance.He was appointed on 30th March 2006 as memberof the Executive Board of Directors, which officebegan on 30th June 2006, and reappointed on 15thApril 2009 and 20th February 2012.João Manuel Veríssimo Marques da Cruz. Hewas born on 23rd May 1961. He holds a degreein Management (1984) from Lisbon’s ISE at theTechnical University of Lisbon - Instituto Superiorde Economia da Universidade Técnica de Lisboa,an MBA (1989) from the Technical Universityof Lisbon - Universidade Técnica de Lisboa anda Post Graduation in Marketing and Managementof Airlines (1992) from the Bath University /International Air Travel Association, UK. He beganhis career at the TAP Group in 1984 (TransportesAéreos de Portugal) having had several positionsuntil becoming General Director. Between 1997and 1999 he was a Board Member of TAPGER.Between 2000 and 2002, he was a memberof the Board of several companies within CP –Portuguese Railways, namely EMEF. From 2002and 2005, became CEO of AirLuxor, an airlinecompany, and from 2005 and 2007 he waschairman and CEO of ICEP - Instituto do ComércioExterno de Portugal, a Portuguese state ownedagency for international trade and promotion.Since March 2007, he is a board member of <strong>EDP</strong>Internacional S.A. and in 2009 he was nominatedChairman of the Board of Directors of CEM –Macao Electrical Company. He was appointedas member of the Executive Board of Directorson 20th February 2012.Miguel Stilwell de Andrade. He was born on6th August 1976. He concluded an M.Eng withDistinction in Mechanical Engineering in theUniversity of Strathclyde (Glasgow, Scotland)and has an MBA by MIT Sloan (Boston, USA).He initiated his career in UBS Investment Bank<strong>EDP</strong> - <strong>Annual</strong> <strong>Report</strong> 2012in London, UK, where he worked primarily in M&Aand participated in various projects in Europe,including Portugal, as well as in Japan, Thailandand Brazil. He lived in Scotland, Italy, England,Portugal and USA between 1994 and 2003. In2000, he entered <strong>EDP</strong> where he held severalroles within the Group. Between 2005 and 2009he was Head of the Corporate Development/ M&A team for the <strong>EDP</strong> Group. During thisperiod, he coordinated and managed variousM&A and capital market transactions for <strong>EDP</strong>.Key transactions in which he participated orcoordinated include the acquisition of many of thecompanies that gave rise to <strong>EDP</strong> Renewables; theacquisition of Hidrocantábrico; the share capitalincrease in 2004; the different phases of <strong>EDP</strong>´sprivatization; the divestment of many of <strong>EDP</strong>´snon-core assets; the <strong>EDP</strong> Energias do Brazil IPOin 2005; and the <strong>EDP</strong> Renewables IPO in 2008.Between 2009 and 2011, he was also Chairmanof InovGrid ACE. He was appointed as memberof the Executive Board of Directors on 20thFebruary 2012.Ana Maria Machado Fernandes. She was born on1st November 1962. She graduated in Economicsfrom the Faculty of Economics at Oporto (1986).She received a postgraduate degree in Financefrom the Faculty of Economics of Universidadedo Porto and an MBA from the Escola de Gestãodo Porto (1989). She lectured at the Faculty ofEconomics of Universidade do Porto from 1989until 1991. She began her professional career in1986 at Conselho – Gestão e Investimentos,a company of the Banco Português do AtlânticoGroup, in the capital markets, investments andbusiness restructuring field. In 1989 she beganworking at Efisa, Sociedade de Investimentos,in the area of corporate finance, and was latermade a director of Banco Efisa. In 1992 shejoined the Grupo Banco de Fomento e Exterioras director in the area of investment banking andwas Head “Corporate Finance” at BPI between1996 and 1998. In 1998 she joined Gás de Portugalas Director of Strategic Planning and M&Aand, in 2000, became Director of Strategy andPortfolio Management of Galp Business. She laterbecame President of Galp Power and Director ofTransgás. From 2004 until 2006 she was directorof the Board of Galp Energia. She was appointedon 30th March 2006 as member of the ExecutiveBoard of Directors, which office began on 30thJune 2006, and reappointed on 15th April 2009,ending the term of office on 20th February 2012.Jorge Manuel Pragana da Cruz Morais. He wasborn on October 17th, 1957. He was awardeda degree in Electrotechnical Engineering fromInstituto Superior Técnico in 1980 and an MBAfrom Universidade Nova de Lisboa in 1989. Hebegan his career at <strong>EDP</strong>, in 1983, in transportnetwork planning. From 1991 to 1994 he servedas Adviser to the <strong>EDP</strong> Board of Directors,coordinating the restructuring process thatculminated in the creation of the <strong>EDP</strong> Group in1994. He was appointed Director of StrategicPlanning and was responsible for coordinatingthe Group’s privatisation (first and second phasesof the IPO process). He was also a non-executivemember of the Turbogás Board of Directors(1998-2000), non-executive member of the Boardof Electricidade dos Açores (1999-2000) andDirector of the Centro para a Conservação deEnergia (1993-1996). From 2000 to 2004, he wasthe Executive Director of Oni SGPS and otherOni Group companies, acting as CFO from 2002to 2004. From 2005 until March 2006 he servedas Executive Director, fulfilling the roles of CFOof HC Energía and Naturgas Energia, the Spanishcompanies of <strong>EDP</strong> Group. Currently he is theChairman of APE – Associação Portuguesa deEnergia. He was appointed on 30th March 2006as member of the Executive Board of Directors,which office began on 30th June 2006, andreappointed on 15th April 2009, ending the termof office on 20th February 2012.277
: annexes :annex IIItransactions performed by members of the Generaland Supervisory BoardIn 2012, the following transactions were carried out trading of shares in <strong>EDP</strong>:Corporate Body Company Security Date Quantity OperationAvg. PurchasePrice (euros)Ilídio da Costa Leite de Pinho <strong>EDP</strong> - Energias de Portugal Shares 29/02/12 654,021 Sale 2.171Ilídio da Costa Leite de Pinho <strong>EDP</strong> - Energias de Portugal Shares 01/03/12 434,800 Sale 2.208Ilídio da Costa Leite de Pinho <strong>EDP</strong> - Energias de Portugal Shares 06/03/12 1,108,100 Sale 2.258Ilídio da Costa Leite de Pinho <strong>EDP</strong> - Energias de Portugal Shares 07/03/12 445,400 Sale 2.227Ilídio da Costa Leite de Pinho <strong>EDP</strong> - Energias de Portugal Shares 09/03/12 1,110,000 Sale 2.250Ilídio da Costa Leite de Pinho <strong>EDP</strong> - Energias de Portugal Shares 12/03/12 600,000 Sale 2.223Ilídio da Costa Leite de Pinho <strong>EDP</strong> - Energias de Portugal Shares 16/10/12 935,000 Sale 2.072Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 01/06/12 2,987,448 Purchase 1.666Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 05/06/12 590,000 Purchase 1.695Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 11/06/12 1,418,000 Purchase 1.744Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 02/07/12 260,000 Purchase 1.926Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 03/07/12 259,000 Purchase 1.928Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 04/07/12 253,000 Purchase 1.968Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 05/07/12 103,000 Purchase 1.929Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 06/07/12 103,000 Purchase 1.930Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 20/07/12 263,700 Purchase 1.879Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 23/07/12 109,000 Purchase 1.828Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 24/07/12 446,000 Purchase 1.787Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 26/07/12 165,000 Purchase 1.835Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 31/07/12 107,000 Purchase 1.860Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 10/08/12 100,000 Purchase 1.920Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 20/08/12 147,000 Purchase 2.030Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 23/08/12 100,000 Purchase 1.997Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 27/08/12 102,000 Purchase 1.957Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 05/09/12 85,207 Purchase 1.977Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 19/09/12 89,000 Purchase 2.233Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 21/09/12 134,000 Purchase 2.208Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 24/09/12 136,500 Purchase 2.185Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 28/09/12 137,000 Purchase 2.173Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 01/10/12 140,000 Purchase 2.143Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 04/10/12 140,000 Purchase 2.127Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 09/10/12 18,929 Purchase 2.109Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 10/10/12 150,000 Purchase 2.108Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 14/10/12 143,000 Purchase 2.097Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 29/10/12 145,000 Purchase 2.073Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 02/11/12 143,000 Purchase 2.091Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 05/11/12 144,000 Purchase 2.065Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 06/11/12 120,472 Purchase 2.037Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 07/11/12 145,000 Purchase 2.062Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 08/11/12 8,295 Purchase 1.998Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 09/11/12 151,000 Purchase 1.965Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 12/11/12 137,353 Purchase 1.977Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 13/11/12 152,000 Purchase 1.961Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 15/11/12 661 Purchase 1.953Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 16/11/12 155,000 Purchase 1.930Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 19/11/12 156,000 Purchase 1.916Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 22/11/12 153,000 Purchase 1.957Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 23/11/12 154,000 Purchase 1.945Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 26/11/12 155,000 Purchase 1.936Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 27/11/12 155,400 Purchase 1.937Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 29/11/12 7,981 Purchase 1.934Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 04/12/12 153,000 Purchase 1.955Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 10/12/12 145,000 Purchase 2.072Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 12/12/12 63,240 Purchase 2.155Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 19/12/12 131,000 Purchase 2.294Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 20/12/12 214,000 Purchase 2.349Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 21/12/12 129,000 Purchase 2.338Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 27/12/12 130,000 Purchase 2.304Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 28/12/12 1,000,000Capital increaseacquisiton1.946Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 28/12/12 1,000,000Capital increasetransfer1.946Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 28/12/12 129,000 Purchase 2.328Fernando Masaveu Herrero <strong>EDP</strong> - Energias de Portugal Shares 28/12/12 165,957 Purchase 2.283Rui Eduardo Ferreira Rodrigues Pena <strong>EDP</strong> - Energias de Portugal Shares 04/06/12 1,500 Purchase 1.707Luís Filipe da Conceição Pereira <strong>EDP</strong> - Energias de Portugal Bonds 21/03/12 100 Purchase 93.25Luís Filipe da Conceição Pereira (1) <strong>EDP</strong> - Energias de Portugal Shares 10/05/12 5,231 Purchase 2.179Luís Filipe da Conceição Pereira (2) <strong>EDP</strong> - Energias de Portugal Shares 13/12/12 4,540 Sale 2.158Luís Filipe da Conceição Pereira (2) <strong>EDP</strong> - Energias de Portugal Shares 13/12/12 14,998 Sale 2.157Luís Filipe da Conceição Pereira (2) <strong>EDP</strong> - Energias de Portugal Shares 13/12/12 3,973 Sale 2.156Notes: 1) This shares were delivered to <strong>EDP</strong> Group employees as payment in kind of a part of the annual bonus granted in accordance with both the company’s and the individual performances duringthe year 2011, which potential attribution is decided on an annual basis by the Executive Board of Directors, in accordance with standards previously set out.2) Shares held by his spouse Maria Manuela Casimiro Silva Pereira.Other transactions with financial instruments in which <strong>EDP</strong> shares were traded as an underlying assetwere also performed in 2012:corporate bodyInstrumentoptiontypebuy/sellDatematuritydateStrike Price(€)QuantityJosé Maria Ricciardi Equity OTC Options Put Sell 13/07/12 20/07/12 1.9487 1,500,000José Maria Ricciardi Equity OTC Options Put Buy 13/07/12 20/07/12 1.9487 1,500,000José Maria Ricciardi Equity OTC Options Call Buy 13/07/12 20/07/12 1.9487 1,500,000José Maria Ricciardi Equity OTC Options Call Sell 13/07/12 20/07/12 1.9487 1,500,000José Maria Ricciardi Equity OTC Options Put Sell 13/07/12 20/07/12 1.95 1,500,000José Maria Ricciardi Equity OTC Options Put Buy 13/07/12 20/07/12 1.95 1,500,000José Maria Ricciardi Equity OTC Options Call Buy 13/07/12 20/07/12 1.95 1,500,000José Maria Ricciardi Equity OTC Options Call Sell 13/07/12 20/07/12 1.95 1,500,000José Maria Ricciardi Equity OTC Options Put Buy 04/09/12 04/12/12 1.97 28,000,000José Maria Ricciardi Equity OTC Options Call Sell 04/09/12 04/12/12 1.97 28,000,000José Maria Ricciardi Equity OTC Options Call Buy 07/09/12 21/12/12 2.25 3,000,000José Maria Ricciardi Equity OTC Options Call Sell 07/09/12 21/12/12 2.25 3,000,000José Maria Ricciardi Equity OTC Options Call Buy 12/09/12 12/11/12 2.3 2,000,000José Maria Ricciardi Equity OTC Options Call Sell 12/09/12 12/11/12 2.3 2,000,000José Maria Ricciardi Equity OTC Options Put Sell 18/09/12 25/09/12 2.2185 13,500,000José Maria Ricciardi Equity OTC Options Put Buy 18/09/12 25/09/12 2.2185 13,500,000José Maria Ricciardi Equity OTC Options Call Buy 18/09/12 25/09/12 2.2185 13,500,000José Maria Ricciardi Equity OTC Options Call Sell 18/09/12 25/09/12 2.2185 13,500,000José Maria Ricciardi Equity Swap 28/09/12 02/10/13 2.142 35,492,945José Maria Ricciardi Equity Swap 28/09/12 02/10/13 2.142 35,492,945José Maria Ricciardi Equity OTC Options Call Buy 08/10/12 08/11/12 2.213 28,000,000José Maria Ricciardi Equity OTC Options Put Sell 08/10/12 08/11/12 2.213 28,000,000José Maria Ricciardi Equity OTC Options Put Sell 07/11/12 07/12/12 2.06 28,000,000José Maria Ricciardi Equity OTC Options Call Buy 07/11/12 07/12/12 2.06 28,000,000José Maria Ricciardi Equity OTC Options Put Sell 03/12/12 03/01/13 1.985 28,000,000José Maria Ricciardi Equity OTC Options Call Buy 03/12/12 03/01/13 1.985 28,000,000José Maria Ricciardi Equity OTC Options Call Sell 21/12/12 15/03/13 2.45 5,000,000José Maria Ricciardi Equity OTC Options Call Buy 21/12/12 15/03/13 2.45 5,000,000278A World Full Of Energy
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